Scharf Investments, LLC
CIK 1463746 · View on SEC EDGAR ↗
- Portfolio value
- $3.0B
- Positions
- 79
- As of
- June 30, 2026
#1,164 of 9,443 by 13F value · top 12.3%
Portfolio value QoQ: -6.7% 13F does not disclose cash
- Top 10 holdings weight
- 45.01%
- Top 25 holdings weight
- 83.23%
- Positions above 1%
- 32
- Effective number of positions
- 29.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 8.78% Est. buys $275,485,058 · sells $418,511,640
Median holding: 4.0 quarters Tracked Q1 2025–Q2 2026 · 69.9% still held
- New positions
- 14
- Increased
- 11
- Decreased
- 53
- Closed
- 5
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Healthcare
20.9%
Industrials
11.0%
Financials
11.0%
Financial Services
9.6%
Technology
7.5%
Energy
5.3%
Communication Services
5.3%
Retail
4.1%
Materials
3.4%
Consumer Staples
2.1%
Consumer Discretionary
0.2%
Real Estate
0.0%
Other/Unmapped
19.6%
Full portfolio 79 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| KAT Scharf ETF | $238,942,916 | 7.89% | 4,419,958 | $-5,411,782 | Down ×3 | ||
| OXY Occidental Petroleum Corporation Common Stock | $154,829,078 | 5.11% | 3,187,747 | $-78,122,377 | Down ×1 | ||
| UNP Union Pacific Corporation Common Stock | $147,463,790 | 4.87% | 542,136 | $1,913,598 | Down ×3 | ||
| GKAT Scharf Global Opportunity ETF | $131,050,008 | 4.33% | 3,036,088 | $15,565,753 | Up ×3 | ||
| MKL Markel Group Inc. Common Stock | $118,304,948 | 3.91% | 60,564 | $1,250,963 | Down ×5 | ||
| MSFT Microsoft Corporation - Common Stock | $117,075,089 | 3.87% | 313,848 | $-10,073,228 | Down ×4 | ||
| AMZN Amazon.com, Inc. - Common Stock | $115,428,199 | 3.81% | 484,291 | $111,789,514 | Up ×1 | ||
| V Visa Inc. | $115,277,377 | 3.81% | 335,988 | $4,696,340 | Down ×5 | ||
| MCK McKesson Corporation Common Stock | $113,824,839 | 3.76% | 150,631 | $-77,933,917 | Down ×5 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $110,360,995 | 3.65% | 2,591,096 | $-1,194,112 | Down ×2 | ||
| CNC Centene Corporation Common Stock | $105,948,709 | 3.50% | 1,650,542 | $49,667,549 | Down ×2 | ||
| A Agilent Technologies, Inc. Common Stock | $100,176,558 | 3.31% | 754,161 | $13,573,144 | Down ×1 | ||
| FNV Franco-Nevada Corporation | $98,483,595 | 3.25% | 472,469 | $-39,159,605 | Down ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $96,013,242 | 3.17% | 170,441 | $-20,346,286 | Down ×1 | ||
| BRKB | $89,238,762 | 2.95% | 178,328 | $-21,585,197 | Down ×5 | ||
| CB Chubb Limited Common Stock | $81,891,393 | 2.70% | 240,324 | $-6,318,558 | Down ×2 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $78,871,939 | 2.61% | 189,754 | $31,623,716 | Up ×1 | ||
| AON Aon plc Class A Ordinary Shares (Ireland) | $75,173,221 | 2.48% | 226,626 | $-7,120,536 | Down ×1 | ||
| OTIS Otis Worldwide Corporation Common Stock | $72,172,946 | 2.38% | 1,007,995 | $-17,746,798 | Down ×1 | ||
| CME CME Group Inc. - Class A Common Stock | $63,904,801 | 2.11% | 289,373 | $-32,223,744 | Down ×5 | ||
| HSY The Hershey Company Common Stock | $62,455,913 | 2.06% | 355,964 | $-24,468,821 | Down ×4 | ||
| ADBE Adobe Inc. - Common Stock | $60,506,543 | 2.00% | 295,118 | $-18,691,706 | Down ×1 | ||
| SYK Stryker Corporation Common Stock | $58,115,556 | 1.92% | 184,576 | $56,306,723 | Up ×1 | ||
| MRSH Marsh Common Stock | $57,401,814 | 1.90% | 344,395 | $-20,538,889 | Down ×1 | ||
| DIS Walt Disney Company (The) Common Stock | $56,889,067 | 1.88% | 591,045 | $-7,924,892 | Down ×3 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $56,543,703 | 1.87% | 112,770 | $-8,538,771 | Down ×3 | ||
| ZTS Zoetis Inc. Class A Common Stock | $52,714,903 | 1.74% | 733,571 | $-46,265,138 | Down ×1 | ||
| SPY SPY | $50,333,862 | 1.66% | 67,398 | $-4,487,266 | Down ×1 | ||
| NVS Novartis AG Common Stock | $48,713,005 | 1.61% | 310,818 | $-41,294,014 | Down ×4 | ||
| UHALB | $47,396,107 | 1.57% | 821,423 | $7,687,113 | Down ×1 | ||
| LMT Lockheed Martin Corporation Common Stock | $44,533,256 | 1.47% | 87,401 | $-13,539,908 | Down ×4 | ||
| NVDA NVIDIA Corporation - Common Stock | $41,320,459 | 1.36% | 206,500 | $37,140,653 | Up ×1 | ||
| BIL | $27,140,565 | 0.90% | 296,158 | $-32,308,220 | Down ×1 | ||
| UHAL U-Haul Holding Company Common Stock | $26,966,935 | 0.89% | 412,078 | $11,581,339 | Up ×1 | ||
| AOS A.O. Smith Corporation Common Stock | $23,507,623 | 0.78% | 374,792 | Up ×1 | |||
| CVS CVS Health Corporation Common Stock | $9,710,479 | 0.32% | 93,867 | $2,803,627 | Down ×2 | ||
| MELI MercadoLibre, Inc. - Common Stock | $9,391,659 | 0.31% | 5,533 | $8,608,413 | Up ×1 | ||
| CNI Canadian National Railway Company Common Stock | $9,286,888 | 0.31% | 77,884 | $-2,502,578 | Down ×1 | ||
| SLB SLB Limited Common Shares | $4,825,151 | 0.16% | 103,789 | $-98,474 | Up ×2 | ||
| HLN Haleon plc American Depositary Shares (Each representing two Ordinary Shares) | $4,527,392 | 0.15% | 485,251 | $-6,991,615 | Down ×1 | ||
| MCD McDonald's Corporation Common Stock | $3,747,308 | 0.12% | 13,863 | Up ×1 | |||
| CP Canadian Pacific Kansas City Limited Common Shares | $3,505,200 | 0.12% | 40,452 | $-1,076,125 | Down ×1 | ||
| LIN Linde plc - Ordinary Shares | $3,310,318 | 0.11% | 6,379 | Up ×1 | |||
| ASML ASML Holding N.V. - New York Registry Shares | $3,129,389 | 0.10% | 1,573 | Up ×1 | |||
| GOOG Alphabet Inc. - Class C Capital Stock | $3,007,159 | 0.10% | 8,511 | $180,472 | Down ×4 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $2,698,405 | 0.09% | 7,551 | $245,315 | Down ×4 | ||
| AAPL Apple Inc. - Common Stock | $2,566,725 | 0.08% | 8,870 | $69,998 | Down ×4 | ||
| IWB | $2,439,101 | 0.08% | 5,956 | $907,421 | Up ×1 | ||
| VWO | $2,276,039 | 0.08% | 38,131 | ||||
| DCI Donaldson Company, Inc. Common Stock | $2,275,941 | 0.08% | 25,353 | $4,180 | Down ×3 | ||
| BKNG Booking Holdings Inc. - Common Stock | $2,013,285 | 0.07% | 11,295 | $-55,368,291 | Down ×2 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $1,875,510 | 0.06% | 76,396 | $-432,299 | Down ×5 | ||
| GWW W.W. Grainger, Inc. Common Stock | $1,714,610 | 0.06% | 1,260 | $125,985 | Down ×4 | ||
| ORCL Oracle Corporation Common Stock | $1,453,824 | 0.05% | 9,921 | $-155,192 | Down ×4 | ||
| LLY Eli Lilly and Company Common Stock | $1,302,581 | 0.04% | 1,086 | $71,009 | Down ×4 | ||
| AVGO Broadcom Inc. - Common Stock | $1,277,173 | 0.04% | 3,381 | $82,464 | Down ×2 | ||
| MA Mastercard Incorporated Common Stock | $1,125,130 | 0.04% | 2,190 | $-521,576 | Down ×4 | ||
| IMNM Immunome, Inc. - Common Stock | $940,603 | 0.03% | 44,389 | $-30,184 | |||
| ETN Eaton Corporation, PLC Ordinary Shares | $862,467 | 0.03% | 2,024 | $41,614 | Down ×4 | ||
| APD Air Products and Chemicals, Inc. Common Stock | $856,379 | 0.03% | 2,921 | $-71,156 | Down ×5 | ||
| VEU | $840,347 | 0.03% | 10,034 | Up ×1 | |||
| SCHW Charles Schwab Corporation (The) Common Stock | $817,420 | 0.03% | 8,859 | ||||
| VV | $732,850 | 0.02% | 2,131 | $529,625 | Up ×1 | ||
| ABNB Airbnb, Inc. - Class A Common Stock | $681,156 | 0.02% | 4,760 | $-549,064 | Down ×1 | ||
| APH Amphenol Corporation Common Stock | $640,218 | 0.02% | 3,631 | $23,756 | Down ×2 | ||
| SHY iShares 1-3 Year Treasury Bond ETF | $501,553 | 0.02% | 6,108 | $-544 | Up ×3 | ||
| EWY | $483,752 | 0.02% | 2,396 | Up ×1 | |||
| PSLV | $471,750 | 0.02% | 25,000 | Up ×1 | |||
| CARG CarGurus, Inc. - Class A Common Stock | $404,580 | 0.01% | 11,868 | ||||
| SPGI S&P Global Inc. Common Stock | $388,526 | 0.01% | 954 | $-932,580 | Down ×1 | ||
| SNN Smith & Nephew SNATS, Inc. Common Stock | $376,381 | 0.01% | 13,064 | $-184,117 | Down ×4 | ||
| XLV XLV | $338,739 | 0.01% | 2,135 | Up ×1 | |||
| ADP Automatic Data Processing, Inc. - Common Stock | $322,544 | 0.01% | 1,440 | $-385,386 | Down ×4 | ||
| NOW ServiceNow, Inc. Common Stock | $285,827 | 0.01% | 2,879 | $-534,054 | Down ×1 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $269,518 | 0.01% | 1,779 | $-489,536 | Down ×1 | ||
| EWBC East West Bancorp, Inc. - Common Stock | $229,264 | 0.01% | 1,776 | ||||
| UBER Uber Technologies, Inc. Common Stock | $203,491 | 0.01% | 2,820 | $-226,866 | Down ×3 | ||
| VTI | $200,562 | 0.01% | 542 | Up ×1 | |||
| PDM Piedmont Realty Trust, Inc. Class A Common Stock | $135,530 | 0.00% | 14,812 | ||||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| AOS | $23,507,623 | 374,792 | 0.78% |
| MCD | $3,747,308 | 13,863 | 0.12% |
| LIN | $3,310,318 | 6,379 | 0.11% |
| ASML | $3,129,389 | 1,573 | 0.10% |
| VWO | $2,276,039 | 38,131 | 0.08% |
| VEU | $840,347 | 10,034 | 0.03% |
| SCHW | $817,420 | 8,859 | 0.03% |
| EWY | $483,752 | 2,396 | 0.02% |
| PSLV | $471,750 | 25,000 | 0.02% |
| CARG | $404,580 | 11,868 | 0.01% |
| XLV | $338,739 | 2,135 | 0.01% |
| EWBC | $229,264 | 1,776 | 0.01% |
| VTI | $200,562 | 542 | 0.01% |
| PDM | $135,530 | 14,812 | 0.00% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| OXY | Trimmed | -396K | -$78.1M |
| MCK | Trimmed | -71K | -$77.9M |
| CNC | Trimmed | -68K | +$49.7M |
| ZTS | Trimmed | -104K | -$46.3M |
| NVS | Trimmed | -278K | -$41.3M |
| FNV | Trimmed | -85K | -$39.2M |
| BIL | Trimmed | -353K | -$32.3M |
| CME | Trimmed | -36K | -$32.2M |
| UNH | Bought more | +15K | +$31.6M |
| HSY | Trimmed | -62K | -$24.5M |
4 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| GNTX | June 30, 2025 | 1,041,148 | $24,258,775 | 9.1% |
| WBA | June 30, 2025 | 744,000 | $8,310,480 | No longer tracked |
| AZN | Dec. 31, 2025 | 92,464 | $7,093,849 | 80.0% |
| SONY | Dec. 31, 2025 | 181,601 | $5,228,293 | -7.0% |
| AWK | June 30, 2026 | 35,846 | $4,878,282 | 4.1% |
| POR | Sept. 30, 2025 | 101,508 | $4,124,270 | 14.5% |
| ACN | Sept. 30, 2025 | 9,120 | $2,725,946 | -26.0% |
| CRM | March 31, 2026 | 8,040 | $2,129,913 | 10.1% |
| VWO | March 31, 2026 | 38,131 | $2,049,923 | No longer tracked |
| BRKA | March 31, 2026 | 2 | $1,509,600 | No longer tracked |
| INTU | June 30, 2026 | 3,286 | $1,420,747 | 38.2% |
| VVV | Sept. 30, 2025 | 31,613 | $1,197,200 | -5.6% |
| SCHW | June 30, 2025 | 14,765 | $1,155,804 | 21.9% |
| XOM | June 30, 2026 | 6,443 | $1,093,119 | 21.7% |
| PGR | Sept. 30, 2025 | 3,475 | $927,312 | -10.9% |
| BMA | Dec. 31, 2025 | 19,965 | $844,320 | -16.8% |
| RSP | March 31, 2026 | 4,342 | $831,754 | No longer tracked |
| VOO | March 31, 2026 | 1,322 | $829,066 | No longer tracked |
| GGAL | Dec. 31, 2025 | 27,686 | $763,026 | -23.2% |
| IFF | March 31, 2026 | 10,669 | $719,034 | 16.2% |
| IWB | Sept. 30, 2025 | 1,886 | $640,594 | No longer tracked |
| FISV | June 30, 2026 | 9,995 | $557,721 | 5.1% |
| DIA | Dec. 31, 2025 | 1,095 | $507,795 | No longer tracked |
| CARG | March 31, 2026 | 11,868 | $455,138 | 8.1% |
| SEMG | March 31, 2026 | 14,770 | $404,698 | No longer tracked |
| GLDM | June 30, 2025 | 4,500 | $278,505 | No longer tracked |
| HQY | Sept. 30, 2025 | 2,652 | $277,824 | 9.2% |
| MMI | Sept. 30, 2025 | 8,777 | $269,542 | 11.8% |
| FHN | Sept. 30, 2025 | 12,708 | $269,410 | 9.8% |
| DGX | Sept. 30, 2025 | 1,413 | $253,817 | 26.2% |
| AWI | Sept. 30, 2025 | 1,489 | $241,873 | -9.0% |
| MLKN | March 31, 2026 | 12,848 | $234,869 | 58.7% |
| SFM | Sept. 30, 2025 | 1,426 | $234,777 | -26.6% |
| CP | Sept. 30, 2025 | 2,853 | $226,170 | 28.3% |
| EWBC | Sept. 30, 2025 | 2,230 | $225,185 | 23.1% |
| ALLY | June 30, 2025 | 5,884 | $214,589 | 10.4% |
| KRC | Dec. 31, 2025 | 4,963 | $209,687 | -1.9% |
| VV | June 30, 2025 | 800 | $205,747 | No longer tracked |
| VOXX | June 30, 2025 | 26,809 | $201,067 | No longer tracked |
| PDM | March 31, 2026 | 14,812 | $123,532 | 47.6% |
| BDN | June 30, 2025 | 27,521 | $122,744 | -29.4% |
| QNCX | June 30, 2026 | 19,461 | $1,973 | 76.5% |