Scharf Investments, LLC
CIK 0001463746
Annualised vol
9.44862%
Beta
0.449216
HHI
340.610829
Top-10 weight
45.007291%
VaR 95%
0.84698%
VaR 99%
1.766586%
Max drawdown
17.67875%
Matched value
57.188134%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| MKL | REDUCED | 60,564 | 61,142 | -0.95% | 118,304,948 |
| MSFT | REDUCED | 313,848 | 343,477 | -8.63% | 117,075,089 |
| AMZN | ADDED | 484,291 | 17,471 | 2671.97% | 115,428,199 |
| V | REDUCED | 335,988 | 365,861 | -8.17% | 115,277,377 |
| MCK | REDUCED | 150,631 | 221,582 | -32.02% | 113,824,839 |
| A | REDUCED | 754,161 | 759,802 | -0.74% | 100,176,558 |
| META | REDUCED | 170,441 | 203,367 | -16.19% | 96,013,242 |
| CB | NEW | 240,324 | - | - | 81,891,393 |
| UNH | ADDED | 189,754 | 174,602 | 8.68% | 78,871,939 |
| AON | REDUCED | 226,626 | 254,941 | -11.11% | 75,173,221 |
| UHAL | ADDED | 1,233,501 | 1,210,943 | 1.86% | 74,363,042 |
| OTIS | REDUCED | 1,007,995 | 1,166,569 | -13.59% | 72,172,946 |
| CME | REDUCED | 289,373 | 325,461 | -11.09% | 63,904,801 |
| HSY | REDUCED | 355,964 | 418,116 | -14.86% | 62,455,913 |
| ADBE | REDUCED | 295,118 | 325,802 | -9.42% | 60,506,543 |
| SYK | ADDED | 184,576 | 5,505 | 3252.88% | 58,115,556 |
| TMO | REDUCED | 112,770 | 132,395 | -14.82% | 56,543,703 |
| ZTS | REDUCED | 733,571 | 837,314 | -12.39% | 52,714,903 |
| NVS | REDUCED | 310,818 | 589,232 | -47.25% | 48,713,005 |
| LMT | REDUCED | 87,401 | 96,073 | -9.03% | 44,533,256 |
| NVDA | ADDED | 206,500 | 23,967 | 761.6% | 41,320,459 |
| AOS | NEW | 374,792 | - | - | 23,507,623 |
| CVS | REDUCED | 93,867 | 96,169 | -2.39% | 9,710,479 |
| MELI | ADDED | 5,533 | 453 | 1121.41% | 9,391,659 |
| GOOGL | REDUCED | 16,062 | 18,385 | -12.64% | 5,705,564 |
| SLB | ADDED | 103,789 | 95,809 | 8.33% | 4,825,151 |
| HLN | REDUCED | 485,251 | 1,150,750 | -57.83% | 4,527,392 |
| MCD | NEW | 13,863 | - | - | 3,747,308 |
| LIN | NEW | 6,379 | - | - | 3,310,318 |
| AAPL | REDUCED | 8,870 | 9,838 | -9.84% | 2,566,725 |
| DCI | REDUCED | 25,353 | 26,767 | -5.28% | 2,275,941 |
| BKNG | REDUCED | 11,295 | 25,159 | -55.11% | 2,013,285 |
| CMCSA | REDUCED | 76,396 | 80,384 | -4.96% | 1,875,510 |
| ORCL | REDUCED | 9,921 | 10,938 | -9.3% | 1,453,824 |
| LLY | REDUCED | 1,086 | 1,339 | -18.89% | 1,302,581 |
| AVGO | REDUCED | 3,381 | 3,860 | -12.41% | 1,277,173 |
| MA | REDUCED | 2,190 | 3,295 | -33.54% | 1,125,130 |
| IMNM | UNCHANGED | 44,389 | 44,389 | 0.0% | 940,603 |
| ETN | REDUCED | 2,024 | 2,295 | -11.81% | 862,467 |
| SCHW | NEW | 8,859 | - | - | 817,420 |
| ABNB | REDUCED | 4,760 | 9,742 | -51.14% | 681,156 |
| CARG | NEW | 11,868 | - | - | 404,580 |
| SPGI | REDUCED | 954 | 3,106 | -69.29% | 388,526 |
| SNN | REDUCED | 13,064 | 17,637 | -25.93% | 376,381 |
| NOW | REDUCED | 2,879 | 7,842 | -63.29% | 285,827 |
| EWBC | NEW | 1,776 | - | - | 229,264 |
| UBER | REDUCED | 2,820 | 5,983 | -52.87% | 203,491 |
| PDM | NEW | 14,812 | - | - | 135,530 |
| QNCX | CLOSED OUT | 0 | 19,461 | -100.0% | 0 |
| FISV | CLOSED OUT | 0 | 9,995 | -100.0% | 0 |
| INTU | CLOSED OUT | 0 | 3,286 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | ADVISORS SER TR | SCHARF ETF | 00770X220 | 238,942,916 | 7.89 | 4419958.0 | |
| - | OCCIDENTAL PETE CORP | COM | 674599105 | 154,829,078 | 5.11 | 3187747.0 | |
| - | UNION PAC CORP | COM | 907818108 | 147,463,790 | 4.87 | 542136.0 | |
| - | ADVISORS SER TR | SCHARF GLOBAL | 00770X212 | 131,050,008 | 4.33 | 3036088.0 | |
| MKL | REDUCED | MARKEL GROUP INC | COM | 570535104 | 118,304,948 | 3.91 | 60564.0 |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 117,075,089 | 3.87 | 313848.0 |
| AMZN | ADDED | AMAZON COM INC | COM | 023135106 | 115,428,199 | 3.81 | 484291.0 |
| V | REDUCED | VISA INC | COM CL A | 92826C839 | 115,277,377 | 3.81 | 335988.0 |
| MCK | REDUCED | MCKESSON CORP | COM | 58155Q103 | 113,824,839 | 3.76 | 150631.0 |
| - | BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | 110,360,995 | 3.65 | 2591096.0 | |
| - | CENTENE CORP DEL | COM | 15135B101 | 105,948,709 | 3.5 | 1650542.0 | |
| A | REDUCED | AGILENT TECHNOLOGIES INC | COM | 00846U101 | 100,176,558 | 3.31 | 754161.0 |
| - | FRANCO NEV CORP | COM | 351858105 | 98,483,595 | 3.25 | 472469.0 | |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 96,013,242 | 3.17 | 170441.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 89,238,762 | 2.95 | 178328.0 | |
| CB | NEW | CHUBB LIMITED | COM | H1467J104 | 81,891,393 | 2.7 | 240324.0 |
| UNH | ADDED | UNITEDHEALTH GROUP INC | COM | 91324P102 | 78,871,939 | 2.61 | 189754.0 |
| AON | REDUCED | AON PLC | SHS CL A | G0403H108 | 75,173,221 | 2.48 | 226626.0 |
| OTIS | REDUCED | OTIS WORLDWIDE CORP | COM | 68902V107 | 72,172,946 | 2.38 | 1007995.0 |
| CME | REDUCED | CME GROUP INC | COM | 12572Q105 | 63,904,801 | 2.11 | 289373.0 |
| HSY | REDUCED | HERSHEY CO | COM | 427866108 | 62,455,913 | 2.06 | 355964.0 |
| ADBE | REDUCED | ADOBE INC | COM | 00724F101 | 60,506,543 | 2.0 | 295118.0 |
| SYK | ADDED | STRYKER CORPORATION | COM | 863667101 | 58,115,556 | 1.92 | 184576.0 |
| - | MARSH & MCLENNAN COS INC | COM | 571748102 | 57,401,814 | 1.9 | 344395.0 | |
| - | DISNEY WALT CO | COM | 254687106 | 56,889,067 | 1.88 | 591045.0 | |
| TMO | REDUCED | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 56,543,703 | 1.87 | 112770.0 |
| ZTS | REDUCED | ZOETIS INC | CL A | 98978V103 | 52,714,903 | 1.74 | 733571.0 |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 50,333,862 | 1.66 | 67398.0 | |
| NVS | REDUCED | NOVARTIS AG | SPONSORED ADR | 66987V109 | 48,713,005 | 1.61 | 310818.0 |
| UHAL | ADDED | U HAUL HOLDING COMPANY | COM SER N | 023586506 | 47,396,107 | 1.57 | 821423.0 |
| LMT | REDUCED | LOCKHEED MARTIN CORP | COM | 539830109 | 44,533,256 | 1.47 | 87401.0 |
| NVDA | ADDED | NVIDIA CORPORATION | COM | 67066G104 | 41,320,459 | 1.36 | 206500.0 |
| - | SPDR SERIES TRUST | ST STR BLO 1 ETF | 78468R663 | 27,140,565 | 0.9 | 296158.0 | |
| UHAL | ADDED | U HAUL HOLDING COMPANY | COM | 023586100 | 26,966,935 | 0.89 | 412078.0 |
| AOS | NEW | SMITH A O CORP | COM | 831865209 | 23,507,623 | 0.78 | 374792.0 |
| CVS | REDUCED | CVS HEALTH CORP | COM | 126650100 | 9,710,479 | 0.32 | 93867.0 |
| MELI | ADDED | MERCADOLIBRE INC | COM | 58733R102 | 9,391,659 | 0.31 | 5533.0 |
| - | CANADIAN NATL RY CO | COM | 136375102 | 9,286,888 | 0.31 | 77884.0 | |
| SLB | ADDED | SLB LIMITED | COM STK | 806857108 | 4,825,151 | 0.16 | 103789.0 |
| HLN | REDUCED | HALEON PLC | SPON ADS | 405552100 | 4,527,392 | 0.15 | 485251.0 |
| MCD | NEW | MCDONALDS CORP | COM | 580135101 | 3,747,308 | 0.12 | 13863.0 |
| - | CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | 3,505,200 | 0.12 | 40452.0 | |
| LIN | NEW | LINDE PLC | SHS | G54950103 | 3,310,318 | 0.11 | 6379.0 |
| - | ASML HLDG NV | N Y REGISTRY SHS | N07059210 | 3,129,389 | 0.1 | 1573.0 | |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL C | 02079K107 | 3,007,159 | 0.1 | 8511.0 |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 2,698,405 | 0.09 | 7551.0 |
| AAPL | REDUCED | APPLE INC | COM | 037833100 | 2,566,725 | 0.08 | 8870.0 |
| - | ISHARES TR | RUS 1000 ETF | 464287622 | 2,439,101 | 0.08 | 5956.0 | |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | 2,276,039 | 0.08 | 38131.0 | |
| DCI | REDUCED | DONALDSON INC | COM | 257651109 | 2,275,941 | 0.08 | 25353.0 |
| BKNG | REDUCED | BOOKING HOLDINGS INC | COM | 09857L108 | 2,013,285 | 0.07 | 11295.0 |
| CMCSA | REDUCED | COMCAST CORP NEW | CL A | 20030N101 | 1,875,510 | 0.06 | 76396.0 |
| - | WW GRAINGER INC | COM | 384802104 | 1,714,610 | 0.06 | 1260.0 | |
| ORCL | REDUCED | ORACLE CORP | COM | 68389X105 | 1,453,824 | 0.05 | 9921.0 |
| LLY | REDUCED | ELI LILLY & CO | COM | 532457108 | 1,302,581 | 0.04 | 1086.0 |
| AVGO | REDUCED | BROADCOM INC | COM | 11135F101 | 1,277,173 | 0.04 | 3381.0 |
| MA | REDUCED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 1,125,130 | 0.04 | 2190.0 |
| IMNM | UNCHANGED | IMMUNOME INC | COM | 45257U108 | 940,603 | 0.03 | 44389.0 |
| ETN | REDUCED | EATON CORP PLC | SHS | G29183103 | 862,467 | 0.03 | 2024.0 |
| - | AIR PRODUCTS AND CHEMICALS I | COM | 009158106 | 856,379 | 0.03 | 2921.0 | |
| - | VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | 840,347 | 0.03 | 10034.0 | |
| SCHW | NEW | SCHWAB CHARLES CORP | COM | 808513105 | 817,420 | 0.03 | 8859.0 |
| - | VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | 732,850 | 0.02 | 2131.0 | |
| ABNB | REDUCED | AIRBNB INC | COM CL A | 009066101 | 681,156 | 0.02 | 4760.0 |
| - | AMPHENOL CORP | CL A | 032095101 | 640,218 | 0.02 | 3631.0 | |
| - | ISHARES TR | 1 3 YR TREAS BD | 464287457 | 501,553 | 0.02 | 6108.0 | |
| - | ISHARES INC | MSCI STH KOR ETF | 464286772 | 483,752 | 0.02 | 2396.0 | |
| - | SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 | 471,750 | 0.02 | 25000.0 | |
| CARG | NEW | CARGURUS INC | COM CL A | 141788109 | 404,580 | 0.01 | 11868.0 |
| SPGI | REDUCED | S&P GLOBAL INC | COM | 78409V104 | 388,526 | 0.01 | 954.0 |
| SNN | REDUCED | SMITH & NEPHEW PLC | SPDN ADR NEW | 83175M205 | 376,381 | 0.01 | 13064.0 |
| - | SELECT SECTOR SPDR TR | ST STR CARE ETF | 81369Y209 | 338,739 | 0.01 | 2135.0 | |
| - | AUTOMATIC DATA PROCESSING IN | COM | 053015103 | 322,544 | 0.01 | 1440.0 | |
| NOW | REDUCED | SERVICENOW INC | COM | 81762P102 | 285,827 | 0.01 | 2879.0 |
| - | TJX COS INC NEW | COM | 872540109 | 269,518 | 0.01 | 1779.0 | |
| EWBC | NEW | EAST WEST BANCORP INC | COM | 27579R104 | 229,264 | 0.01 | 1776.0 |
| UBER | REDUCED | UBER TECHNOLOGIES INC | COM | 90353T100 | 203,491 | 0.01 | 2820.0 |
| - | VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | 200,562 | 0.01 | 542.0 | |
| PDM | NEW | PIEDMONT REALTY TRUST INC | COM CL A | 720190206 | 135,530 | 0.0 | 14812.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-13 | 3,027,414,440 | 79 | 9.44862 | 0.449216 | 17.67875 |
| 2026-03-31 | 2026-04-13 | 3,244,826,779 | 70 | 8.280262 | 0.378675 | 16.278323 |
| 2025-12-31 | 2026-01-15 | 3,722,567,073 | 72 | 9.445015 | 0.431134 | 18.727637 |
| 2025-09-30 | 2025-11-13 | 3,977,977,533 | 69 | 9.652797 | 0.430306 | 18.763387 |
| 2025-03-31 | 2025-04-23 | 3,308,189,589 | 69 | 9.685543 | 0.418609 | 19.559755 |
| 2024-12-31 | 2025-01-24 | 3,372,499,826 | 69 | 10.067165 | 0.439985 | 20.038807 |