We are live on ! Find out more
SI

Scharf Investments Portfolio holdings

AUM $3.03B
1-Year Est. Return 7.75%
This Fund
S&P 500
This Quarter Est. Return
+3.51%
1 Year Est. Return
+7.75%
3 Year Est. Return
+55.03%
5 Year Est. Return
+80.17%
10 Year Est. Return
+289.59%
AUM
$3.98B
AUM Growth
+$506M
Cap. Flow
+$421M
Cap. Flow %
10.6%
Top 10 Hldgs %
48.39%
Holding
82
New
16
Increased
9
Reduced
40
Closed
13

Top Buys

1
KAT
Scharf ETF
KAT
+$281M
2
GKAT
Scharf Global Opportunity ETF
GKAT
+$97.6M
3
CB icon
Chubb
CB
+$82.4M
4
UNP icon
Union Pacific
UNP
+$76.2M
5
ZTS icon
Zoetis
ZTS
+$74.7M

Top Sells

1
APD icon
Air Products & Chemicals
APD
+$145M
2
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$64.6M
3
ORCL icon
Oracle
ORCL
+$60.8M
4
UHAL icon
U-Haul Holding Co
UHAL
+$53.1M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$40.6M

Sector Composition

1 Financials 23.54%
2 Healthcare 20.47%
3 Technology 16.5%
4 Industrials 11.71%
5 Communication Services 4.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KAT
1
Scharf ETF
KAT
$668M
$287M 7.21%
+5,097,717
New +$281M
MCK icon
2
McKesson
MCK
$98.5B
$251M 6.31%
324,733
-23,696
-7% -$16.7M
MSFT icon
3
Microsoft
MSFT
$2.93T
$221M 5.55%
426,605
-18,352
-4% -$9.36M
ORCL icon
4
Oracle
ORCL
$364B
$181M 4.56%
644,647
-238,625
-27% -$60.8M
BN icon
5
Brookfield
BN
$107B
$180M 4.53%
3,943,965
-290,765
-7% -$12.9M
BRK.B icon
6
Berkshire Hathaway Class B
BRK.B
$1.06T
$177M 4.46%
352,896
-83,826
-19% -$40.6M
OXY icon
7
Occidental Petroleum
OXY
$54.6B
$163M 4.09%
3,439,635
-41,255
-1% -$1.86M
UNP icon
8
Union Pacific
UNP
$179B
$158M 3.97%
668,092
+338,280
+103% +$76.2M
NVS icon
9
Novartis
NVS
$293B
$155M 3.9%
1,210,948
-51,496
-4% -$6.28M
V icon
10
Visa
V
$682B
$152M 3.81%
443,873
-30,955
-7% -$10.7M
FISV
11
Fiserv Inc
FISV
$27B
$146M 3.67%
1,131,009
-24,957
-2% -$3.58M
MKL icon
12
Markel Group
MKL
$24.7B
$144M 3.62%
75,346
-12,634
-14% -$24.8M
FNV icon
13
Franco-Nevada
FNV
$38.7B
$133M 3.35%
597,744
+118,811
+25% +$21.4M
CME icon
14
CME Group
CME
$88.5B
$114M 2.87%
422,070
-18,159
-4% -$4.94M
HSY icon
15
Hershey
HSY
$34.8B
$99.9M 2.51%
534,020
-11,838
-2% -$2.15M
GKAT
16
Scharf Global Opportunity ETF
GKAT
$176M
$99.3M 2.5%
+2,488,761
New +$97.6M
DIS icon
17
Walt Disney
DIS
$170B
$96.6M 2.43%
843,866
+3,599
+0.4% +$424K
LMT icon
18
Lockheed Martin
LMT
$117B
$90.8M 2.28%
181,834
-12,475
-6% -$5.66M
CB icon
19
Chubb
CB
$137B
$84.5M 2.13%
+299,482
New +$82.4M
ADBE icon
20
Adobe
ADBE
$94.3B
$81.5M 2.05%
230,925
-6,030
-3% -$2.16M
BKNG icon
21
Booking.com
BKNG
$141B
$79.4M 2%
367,100
-25,050
-6% -$5.59M
AON icon
22
Aon
AON
$78.4B
$78.5M 1.97%
220,088
-9,366
-4% -$3.39M
CMCSA icon
23
Comcast
CMCSA
$85B
$77.8M 1.96%
2,476,072
-165,776
-6% -$5.56M
CNC icon
24
Centene
CNC
$32.8B
$75M 1.89%
2,103,199
+89,419
+4% +$2.7M
SNN icon
25
Smith & Nephew
SNN
$12.9B
$73.6M 1.85%
2,029,051
-54,462
-3% -$1.88M
1
2 3 4

Similar funds

MCM
Masters Capital Management Atlanta, Georgia $3.03B AUM 57.21% 1-Year Est. Return
CM
Castleark Management Chicago, Illinois $3.02B AUM 53.92% 1-Year Est. Return
JIC
Joel Isaacson & Co New York $3.02B AUM 21.81% 1-Year Est. Return
MB
MUFG Bank Tokyo 100-8388,, Japan $3.04B AUM 15.55% 1-Year Est. Return
CFM
Comprehensive Financial Management Los Gatos, California $3.01B AUM 2.93% 1-Year Est. Return
SM
Senvest Management New York $3.01B AUM 35.7% 1-Year Est. Return
TAM
Trillium Asset Management Boston, Massachusetts $3.01B AUM 19.96% 1-Year Est. Return
KIA
KCM Investment Advisors Greenbrae, California $3.01B AUM 21.97% 1-Year Est. Return

Scharf Investments's Q3 2025 Portfolio in Review

As of Q3 2025, Scharf Investments held 82 positions worth $3.98B, up 15% from $3.47B the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Scharf Investments deployed $421M of net new capital in Q3 2025, opening 16 new positions and adding to 9 existing holdings. Its largest new stake was Scharf ETF: 5,097,717 shares worth $287M.

By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 27% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Air Products & Chemicals, an estimated $145M trimmed.

  • Scharf Investments's largest Q3 2025 buy was Scharf ETF: 5,097,717 shares worth $287M.
  • Scharf Investments added most to Union Pacific in Q3 2025, an estimated $76.2M increase.
  • Scharf Investments's biggest Q3 2025 reduction was Air Products & Chemicals, cutting an estimated $145M.
  • Scharf Investments fully exited Portland General Electric in Q3 2025, selling an estimated $4.12M.
  • Scharf Investments's ten largest holdings make up 48% of its $3.98B portfolio in Q3 2025.
  • Scharf Investments opened 16 new positions and closed 13 in Q3 2025.
  • Scharf Investments's portfolio value rose 15% quarter-over-quarter to $3.98B.

Based on Scharf Investments's 13F filing for Q3 2025, filed 13 Nov 2025.