Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	185,187	$63.15M	14.8%	$115.89	+181.6%	CL B NEW	084670702
WTM	WHITE MTNS INS GROUP LTD	22,398	$31.11M	7.3%	$595.64	+136.3%	COM	G9618E107
WRB	BERKLEY W R CORP	416,030	$24.78M	5.8%	$23.82	+53.8%	COM	084423102
MKL	MARKEL GROUP INC	17,448	$24.13M	5.7%	$661.01	+102.9%	COM	570535104
FRFHF	FAIRFAX FINL HLDGS LTD SUB VTG	31,523	$23.63M	5.6%	$508.46	+35.1%	Stock	303901102
—	ENSTAR GROUP LIMITED	92,447	$22.58M	5.3%	$170.60	—	SHS	G3075P101
JEF	JEFFERIES FINL GROUP INC	572,051	$18.97M	4.5%	$16.68	+72.5%	COM	47233W109
L	LOEWS CORP	271,704	$16.13M	3.8%	$42.39	+35.4%	COM	540424108
AVUV	AMERICAN CENTY ETF TR	145,491	$11.29M	2.7%	$72.38	—	US SML CP VALU	025072877
MSFT	MICROSOFT CORP	19,883	$6.771M	1.6%	$26.70	+1050.5%	COM	594918104
CACC	CREDIT ACCEP CORP MICH	12,597	$6.398M	1.5%	$459.10	+1.9%	COM	225310101
AVDV	AMERICAN CENTY ETF TR	104,965	$6.042M	1.4%	$59.91	—	INTL SMCP VLU	025072802
CNQ	CANADIAN NAT RES LTD	82,218	$4.626M	1.1%	$11.64	+120.7%	COM	136385101
VTIP	VANGUARD MALVERN FDS	96,709	$4.586M	1.1%	$51.25	—	STRM INFPROIDX	922020805
OXY	OCCIDENTAL PETE CORP	77,675	$4.567M	1.1%	$26.16	+119.0%	COM	674599105
UHAL/B	U HAUL HOLDING COMPANY	78,204	$3.963M	0.9%	$56.26	-6.9%	COM SER N	023586506
—	ROYCE MICRO-CAP TR INC	435,667	$3.812M	0.9%	$9.27	—	COM	780915104
BRK/A	BERKSHIRE HATHAWAY INC DEL	7	$3.625M	0.9%	$283601.72	+75.5%	CL A	084670108
LEN/B	LENNAR CORP	30,367	$3.431M	0.8%	$36.86	+143.6%	CL B	526057302
CTRA	COTERRA ENERGY INC	120,653	$3.053M	0.7%	$17.16	+32.9%	COM	127097103
JNJ	JOHNSON & JOHNSON	18,034	$2.985M	0.7%	$60.59	+145.7%	COM	478160104
NVR	NVR INC	444	$2.82M	0.7%	$3543.19	+64.3%	COM	62944T105
AAPL	APPLE INC	14,482	$2.809M	0.7%	$73.01	+135.7%	COM	037833100
ABEV	AMBEV SA	857,063	$2.725M	0.6%	$2.89	—	SPONSORED ADR	02319V103
SLB	SCHLUMBERGER LTD	54,719	$2.688M	0.6%	$27.68	+60.8%	COM STK	806857108
SCHW	SCHWAB CHARLES CORP	46,921	$2.659M	0.6%	$49.84	+1.2%	COM	808513105
AR	ANTERO RESOURCES CORP	113,637	$2.617M	0.6%	$16.15	+37.5%	COM	03674X106
VTV	VANGUARD INDEX FDS	18,095	$2.571M	0.6%	$136.09	—	VALUE ETF	922908744
VTS	VITESSE ENERGY INC	113,168	$2.535M	0.6%	$17.29	+20.6%	COMMON STOCK	92852X103
DFIV	DIMENSIONAL ETF TRUST	74,102	$2.434M	0.6%	$30.43	—	INTERNATNAL VAL	25434V807
RES	RPC INC	330,228	$2.361M	0.6%	$11.20	-39.3%	COM	749660106
CLF	CLEVELAND-CLIFFS INC NEW	140,701	$2.358M	0.6%	$17.25	-8.0%	COM	185899101
GHC	GRAHAM HLDGS CO	3,846	$2.198M	0.5%	$411.57	+37.4%	COM CL B	384637104
TDW	TIDEWATER INC NEW	39,356	$2.182M	0.5%	$25.88	+76.9%	COM	88642R109
BSM	BLACK STONE MINERALS L P	134,219	$2.141M	0.5%	$11.73	—	COM UNIT	09225M101
FCX	FREEPORT-MCMORAN INC	52,440	$2.098M	0.5%	$14.19	+159.1%	CL B	35671D857
WBD	WARNER BROS DISCOVERY INC	166,018	$2.082M	0.5%	$15.52	-16.4%	COM SER A	934423104
DFAI	DIMENSIONAL ETF TRUST	75,094	$2.052M	0.5%	$28.00	—	INTL CORE EQT MK	25434V203
CRT	CROSS TIMBERS RTY TR	91,360	$2.01M	0.5%	$17.96	—	TR UNIT	22757R109
SBR	SABINE RTY TR	29,062	$1.912M	0.4%	$36.56	—	UNIT BEN INT	785688102
—	GENERAL AMERN INVS CO INC	45,279	$1.889M	0.4%	$31.93	—	COM	368802104
BR	BROADRIDGE FINL SOLUTIONS IN	11,362	$1.882M	0.4%	$21.85	+563.0%	COM	11133T103
COP	CONOCOPHILLIPS	17,314	$1.794M	0.4%	$34.28	+175.6%	COM	20825C104
FCNCA	FIRST CTZNS BANCSHARES INC N	1,363	$1.749M	0.4%	$779.06	+47.0%	CL A	31946M103
VYM	VANGUARD WHITEHALL FDS	16,116	$1.709M	0.4%	$102.22	—	HIGH DIV YLD	921946406
DISV	DIMENSIONAL ETF TRUST	70,030	$1.656M	0.4%	$22.25	—	INTL SMALL CAP V	25434V781
CVX	CHEVRON CORP NEW	10,338	$1.627M	0.4%	$74.68	+91.8%	COM	166764100
SJT	SAN JUAN BASIN RTY TR	219,339	$1.623M	0.4%	$9.84	—	UNIT BEN INT	798241105
CMBT	EURONAV NV	105,881	$1.612M	0.4%	$4.97	+103.3%	SHS	B38564108
DMLP	DORCHESTER MINERALS LP	53,343	$1.598M	0.4%	$15.51	—	COM UNIT	25820R105
CLB	CORE LABORATORIES INC	67,456	$1.568M	0.4%	$22.46	0.0%	COM	21867A105
VIGI	VANGUARD WHITEHALL FDS	20,537	$1.542M	0.4%	$78.11	—	INTL DVD ETF	921946810
BK	BANK NEW YORK MELLON CORP	33,677	$1.499M	0.4%	$24.83	+60.7%	COM	064058100
BN	BROOKFIELD CORP	43,626	$1.468M	0.3%	$21.56	-3.5%	CL A LTD VT SH	11271J107
AMR	ALPHA METALLURGICAL RESOUR I	8,683	$1.427M	0.3%	$17.83	+751.8%	COM	020764106
CRGY	CRESCENT ENERGY COMPANY	136,564	$1.423M	0.3%	$12.22	-22.1%	CL A COM	44952J104
TPL	TEXAS PACIFIC LAND CORPORATI	1,065	$1.402M	0.3%	$117.17	+32.6%	COM	88262P102
OIH	VANECK ETF TRUST	4,846	$1.394M	0.3%	$234.97	—	OIL SERVICES ETF	92189H607
JOE	ST JOE CO	28,618	$1.383M	0.3%	$17.07	+155.3%	COM	790148100
DIHP	DIMENSIONAL ETF TRUST	56,338	$1.379M	0.3%	$21.01	—	INTL HIGH PROFIT	25434V765
CUBI	CUSTOMERS BANCORP INC	45,141	$1.366M	0.3%	$21.82	+2.7%	COM	23204G100
CTO	CTO RLTY GROWTH INC NEW	78,600	$1.347M	0.3%	$29.72	—	COM	22948Q101
EMR	EMERSON ELEC CO	14,576	$1.317M	0.3%	$38.98	+105.4%	COM	291011104
AVEM	AMERICAN CENTY ETF TR	24,368	$1.311M	0.3%	$59.98	—	AVANTIS EMGMKT	025072604
GNK	GENCO SHIPPING & TRADING LTD	88,534	$1.242M	0.3%	$13.61	+5.7%	SHS	Y2685T131
AMGN	AMGEN INC	5,592	$1.242M	0.3%	$103.03	+107.4%	COM	031162100
DFAC	DIMENSIONAL ETF TRUST	43,752	$1.188M	0.3%	$27.19	—	US CORE EQUITY 2	25434V708
APD	AIR PRODS & CHEMS INC	3,794	$1.137M	0.3%	$64.78	+309.5%	COM	009158106
AXP	AMERICAN EXPRESS CO	6,359	$1.108M	0.3%	$57.26	+172.8%	COM	025816109
—	DIAMOND OFFSHORE DRILLING IN	77,252	$1.1M	0.3%	$7.22	—	COM	25271C201
VAL	VALARIS LIMITED	17,140	$1.079M	0.3%	$26.73	+125.5%	CL A	G9460G101
CRC	CALIFORNIA RES CORP	23,351	$1.058M	0.2%	$19.84	+89.4%	COM STOCK	13057Q305
ABT	ABBOTT LABS	9,676	$1.055M	0.2%	$29.95	+238.7%	COM	002824100
CSWC	CAPITAL SOUTHWEST CORP	51,003	$1.006M	0.2%	$12.54	+7.0%	COM	140501107
NTR	NUTRIEN LTD	16,644	$983K	0.2%	$58.09	+0.0%	COM	67077M108
IVOL	KRANESHARES TR	47,230	$972K	0.2%	$27.89	—	QUADRTC INT RT	500767736
VIG	VANGUARD SPECIALIZED FUNDS	5,610	$911K	0.2%	$98.86	—	DIV APP ETF	921908844
VONV	VANGUARD SCOTTSDALE FDS	12,962	$897K	0.2%	$94.94	—	VNG RUS1000VAL	92206C714
—	ROYCE VALUE TR INC	64,838	$895K	0.2%	$15.28	—	COM	780910105
—	LIBERTY MEDIA CORP DEL	11,801	$888K	0.2%	$37.15	—	COM SER C FRMLA	531229854
DD	DUPONT DE NEMOURS INC	12,181	$870K	0.2%	$27.24	-0.2%	COM	26614N102
AVES	AMERICAN CENTY ETF TR	19,046	$831K	0.2%	$41.90	—	EMERGING MKT VAL	025072372
LUMN	LUMEN TECHNOLOGIES INC	350,291	$792K	0.2%	$8.05	-72.7%	COM	550241103
IEO	ISHARES TR	8,920	$758K	0.2%	$83.11	—	US OIL GS EX ETF	464288851
IAU	ISHARES GOLD TR	20,767	$756K	0.2%	$33.71	—	ISHARES NEW	464285204
CNA	CNA FINL CORP	19,314	$746K	0.2%	$15.22	+112.4%	COM	126117100
HP	HELMERICH & PAYNE INC	20,938	$742K	0.2%	$60.67	-43.8%	COM	423452101
DVN	DEVON ENERGY CORP NEW	15,340	$742K	0.2%	$35.54	+27.9%	COM	25179M103
CTVA	CORTEVA INC	12,647	$725K	0.2%	$26.67	+112.3%	COM	22052L104
AGO	ASSURED GUARANTY LTD	12,880	$719K	0.2%	$48.71	+5.4%	COM	G0585R106
NMM	NAVIOS MARITIME PARTNERS L P	32,677	$714K	0.2%	$25.62	—	COM UNIT LPI	Y62267409
WFG	WEST FRASER TIMBER CO LTD	7,871	$677K	0.2%	$76.42	-1.3%	COM	952845105
CVS	CVS HEALTH CORP	9,621	$665K	0.2%	$55.57	+15.7%	COM	126650100
PSLV	SPROTT PHYSICAL SILVER TR	84,725	$660K	0.2%	$6.44	—	TR UNIT	85207K107
DOW	DOW INC	12,301	$655K	0.2%	$36.37	+24.4%	COM	260557103
NVS	NOVARTIS AG	6,431	$649K	0.2%	$72.84	—	SPONSORED ADR	66987V109
—	SOURCE CAP INC	16,640	$638K	0.1%	$55.20	—	COM	836144105
SU	SUNCOR ENERGY INC NEW	21,174	$621K	0.1%	$19.16	+41.6%	COM	867224107
EBAY	EBAY INC.	13,713	$613K	0.1%	$42.97	-1.7%	COM	278642103
BUR	BURFORD CAP LTD	48,389	$589K	0.1%	$8.10	+56.3%	ORD SHS	G17977110
—	SOUTHWESTERN ENERGY CO	97,152	$584K	0.1%	$2.09	—	COM	845467109
AMAT	APPLIED MATLS INC	3,776	$546K	0.1%	$12.31	+893.6%	COM	038222105
COST	COSTCO WHSL CORP NEW	986	$531K	0.1%	$204.07	+138.7%	COM	22160K105
WFC	WELLS FARGO CO NEW	12,309	$525K	0.1%	$30.19	+24.7%	COM	949746101
EQT	EQT CORP	11,902	$490K	0.1%	$13.53	+151.4%	COM	26884L109
WY	WEYERHAEUSER CO MTN BE	14,481	$485K	0.1%	$18.86	+47.6%	COM NEW	962166104
SO	SOUTHERN CO	6,890	$484K	0.1%	$27.42	+138.2%	COM	842587107
MAC	MACERICH CO	42,712	$481K	0.1%	$15.24	—	COM	554382101
IMO	IMPERIAL OIL LTD	9,180	$470K	0.1%	$19.43	+138.5%	COM NEW	453038408
—	LIBERTY GLOBAL PLC	26,246	$466K	0.1%	$33.90	—	SHS CL C	G5480U120
WMB	WILLIAMS COS INC	14,156	$462K	0.1%	$14.83	+80.5%	COM	969457100
LBRDK	LIBERTY BROADBAND CORP	5,647	$452K	0.1%	$48.64	+48.9%	COM SER C	530307305
GD	GENERAL DYNAMICS CORP	2,015	$434K	0.1%	$56.44	+262.5%	COM	369550108
LMT	LOCKHEED MARTIN CORP	934	$430K	0.1%	$311.49	+38.5%	COM	539830109
OFG	OFG BANCORP	16,400	$428K	0.1%	$16.32	+53.8%	COM	67103X102
USB	US BANCORP DEL	12,808	$423K	0.1%	$25.39	+11.9%	COM NEW	902973304
—	BLUEPRINT MEDICINES CORP	6,571	$415K	0.1%	$44.99	—	COM	09627Y109
OEC	ORION S.A.	19,180	$407K	0.1%	$21.07	+14.4%	COM	L72967109
INSW	INTERNATIONAL SEAWAYS INC	10,508	$402K	0.1%	$11.47	+150.1%	COM	Y41053102
OSG	AMBAC FINL GROUP INC	27,030	$385K	0.1%	$17.01	-14.0%	COM NEW	023139884
UHAL	U HAUL HOLDING COMPANY	6,771	$375K	0.1%	$35.98	+63.0%	COM	023586100
CMCSA	COMCAST CORP NEW	8,511	$354K	0.1%	$27.44	+33.6%	CL A	20030N101
BX	BLACKSTONE INC	3,733	$347K	0.1%	$39.22	+104.4%	COM	09260D107
ZTS	ZOETIS INC	1,998	$344K	0.1%	$80.56	+108.7%	CL A	98978V103
SRE	SEMPRA	2,296	$334K	0.1%	$28.74	+139.2%	COM	816851109
BXMT	BLACKSTONE MTG TR INC	15,920	$331K	0.1%	$28.37	—	COM CL A	09257W100
FNF	FIDELITY NATIONAL FINANCIAL	9,051	$326K	0.1%	$25.01	+21.5%	FNF GROUP COM	31620R303
CSCO	CISCO SYS INC	5,920	$306K	0.1%	$21.17	+115.0%	COM	17275R102
QCOM	QUALCOMM INC	2,555	$304K	0.1%	$98.76	+9.7%	COM	747525103
ENB	ENBRIDGE INC	8,076	$300K	0.1%	$20.80	+54.1%	COM	29250N105
WABC	WESTAMERICA BANCORPORATION	7,721	$296K	0.1%	$29.77	+21.0%	COM	957090103
PTEN	PATTERSON-UTI ENERGY INC	24,344	$291K	0.1%	$21.18	-46.7%	COM	703481101
FTI	TECHNIPFMC PLC	17,403	$289K	0.1%	$7.68	+80.3%	COM	G87110105
MTR	MESA RTY TR	11,716	$287K	0.1%	$4.23	—	UNIT BEN INT	590660106
AVGO	BROADCOM INC	330	$286K	0.1%	$57.59	+19.4%	COM	11135F101
VEA	VANGUARD TAX-MANAGED FDS	6,097	$282K	0.1%	$40.86	—	VAN FTSE DEV MKT	921943858
MET	METLIFE INC	4,912	$278K	0.1%	$28.97	+76.8%	COM	59156R108
—	LIBERTY MEDIA CORP DEL	6,963	$276K	0.1%	$27.53	—	COM C BRAVES GRP	531229888
IP	INTERNATIONAL PAPER CO	8,650	$275K	0.1%	$22.81	+27.5%	COM	460146103
CCJ	CAMECO CORP	8,695	$272K	0.1%	$26.29	+6.3%	COM	13321L108
CATY	CATHAY GEN BANCORP	8,295	$267K	0.1%	$15.14	+92.1%	COM	149150104
CSW	CSW INDUSTRIALS INC	1,600	$266K	0.1%	$133.41	+7.1%	COM	126402106
VYMI	VANGUARD WHITEHALL FDS	4,188	$265K	0.1%	$59.57	—	INTL HIGH ETF	921946794
PDS	PRECISION DRILLING CORP	5,413	$264K	0.1%	$60.50	-21.1%	COM NEW	74022D407
OVLY	OAK VY BANCORP OAKDALE CALIF	10,252	$258K	0.1%	$8.75	+177.9%	COM	671807105
TRMD	TORM PLC	10,654	$257K	0.1%	$6.48	+184.1%	SHS CL A	G89479102
DJCO	DAILY JOURNAL CORP	889	$257K	0.1%	$220.08	+28.3%	COM	233912104
RRC	RANGE RES CORP	8,330	$245K	0.1%	$22.82	+19.3%	COM	75281A109
OXY/WS	OCCIDENTAL PETE CORP	6,561	$245K	0.1%	$35.19	—	*W EXP 08/03/202	674599162
BAM	BROOKFIELD ASSET MANAGMT LTD	7,395	$241K	0.1%	$29.36	-0.0%	CL A LMT VTG SHS	113004105
MRK	MERCK & CO INC	2,076	$240K	0.1%	$32.58	+220.7%	COM	58933Y105
HAL	HALLIBURTON CO	7,253	$239K	0.1%	$29.68	0.0%	COM	406216101
XOM	EXXON MOBIL CORP	2,228	$239K	0.1%	$96.28	+3.5%	COM	30231G102
SAFE	SAFEHOLD INC	10,041	$238K	0.1%	$23.73	—	COM	78646V107
CABO	CABLE ONE INC	360	$237K	0.1%	$388.66	+64.6%	COM	12685J105
VGK	VANGUARD INTL EQUITY INDEX F	3,817	$236K	0.1%	$53.72	—	FTSE EUROPE ETF	922042874
DFEV	DIMENSIONAL ETF TRUST	9,340	$228K	0.1%	$22.61	—	EMERGING MKTS VA	25434V740
VGSH	VANGUARD SCOTTSDALE FDS	3,865	$223K	0.1%	$61.57	—	SHORT TERM TREAS	92206C102
CEF	SPROTT PHYSICAL GOLD & SILVE	12,291	$221K	0.1%	$17.21	—	TR UNIT	85208R101
MCK	MCKESSON CORP	515	$220K	0.1%	$379.54	0.0%	COM	58155Q103
SYLD	CAMBRIA ETF TR	3,548	$217K	0.1%	$59.31	—	SHSHLD YIELD ETF	132061201
CC	CHEMOURS CO	5,882	$217K	0.1%	$27.54	0.0%	COM	163851108
LAD	LITHIA MTRS INC	711	$216K	0.1%	$239.48	0.0%	COM	536797103
DUHP	DIMENSIONAL ETF TRUST	8,009	$213K	0.0%	$26.54	—	US HIGH PROFITAB	25434V831
—	MARATHON OIL CORP	8,788	$202K	0.0%	$23.02	—	COM	565849106
GEOS	GEOSPACE TECHNOLOGIES CORP	23,931	$186K	0.0%	$10.62	-25.3%	COM	37364X109
QURE	UNIQURE NV	15,764	$181K	0.0%	$20.95	-9.6%	SHS	N90064101
CVE	CENOVUS ENERGY INC	10,163	$173K	0.0%	$15.70	0.0%	COM	15135U109
TFSL	TFS FINL CORP	12,280	$154K	0.0%	$12.97	-25.7%	COM	87240R107
—	SPROTT FOCUS TR INC	16,837	$134K	0.0%	$7.84	—	COM	85208J109
—	GRINDROD SHIPPING HOLDINGS L	15,745	$133K	0.0%	$6.28	—	SHS	Y28895103
UBFO	UNITED SEC BANCSHARES CALIF	19,862	$132K	0.0%	$2.58	+104.6%	COM	911460103
METC	RAMACO RES INC	10,900	$91,996	0.0%	$7.90	0.0%	COM CL A	75134P600
TTI	TETRA TECHNOLOGIES INC DEL	22,000	$74,360	0.0%	$1.63	+77.8%	COM	88162F105
—	PHX MINERALS INC	14,475	$45,162	0.0%	$3.05	—	CL A	69291A100
—	BRF SA	22,725	$43,178	0.0%	$1.28	—	SPONSORED ADR	10552T107
ARQ	ADVANCED EMISSIONS SOLUTIONS	15,800	$29,388	0.0%	$5.02	-67.0%	COM	00770C101
POWW	AMMO INC	10,000	$21,300	0.0%	$2.07	-5.5%	COM	00175J107
—	DRAGONFLY ENERGY HOLDINGS CO	10,000	$14,800	0.0%	$1.48	—	COM	26145B106
—	NAUTILUS INC	11,517	$14,051	0.0%	$1.34	—	COM	63910B102
GLDG	GOLDMINING INC	10,000	$9,011	0.0%	$1.03	0.0%	COM	38149E101
TPHS	TRINITY PL HLDGS INC	11,847	$6,397	0.0%	$2.59	-82.1%	COM	89656D101