Scharf Investments portfolio
Concentrated managerType not verifiedPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Jul 13, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Scharf Investments reported a $3.0 bn portfolio of 77 companies (79 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are KAT, OXY, UNP. During the quarter it opened A. O. Smith.
Sections with a free account
What changed this quarter
79 positions with a change (14 new, 10 added to, 51 trimmed, 4 sold); also, 1 exited through an acquisition or merger. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Amazon.com+2,672%more sharesIncreased0.1% → 3.8%
- Booking Holdings−98%fewer sharesReduced1.8% → 0.1%
- Stryker+3,253%more sharesIncreased0.1% → 1.9%
- McKESSON−32%fewer sharesReduced5.9% → 3.8%
- Novartis−47%fewer sharesReduced2.8% → 1.6%
- NVIDIA+762%more sharesIncreased0.1% → 1.4%
- State Street SPDR BB 1-3m T-bill ETF−54%fewer sharesReduced1.8% → 0.9%
- Berkshire Hathaway−23%fewer sharesReduced3.4% → 2.9%
- A. O. Smith+0.7 ppof portfolioNew— → 0.8%
- Occidental Petroleum−11%fewer sharesReduced7.2% → 5.1%
- Meta Platforms−16%fewer sharesReduced3.6% → 3.2%
- Franco Nevada−15%fewer sharesReduced4.2% → 3.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Advisors SER TrKAT7.9%
- Occidental PetroleumOXY5.1%
- Union PacificUNP4.9%
- Advisors SER TrGKAT4.3%
- Markel GroupMKL3.9%
- MicrosoftMSFT3.9%
- Amazon.comAMZN3.8%
- VisaV3.8%
- McKESSONMCK3.8%
- BrookfieldBN3.6%
- CenteneCNC3.5%
- Agilent TechnologiesA3.3%
- Franco NevadaFNV3.3%
- Meta PlatformsMETA3.2%
- Berkshire HathawayBRK/B2.9%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 24%
- ● Health Care 21%
- ● No sector 15%
- ● Industrials 13%
- ● Information Technology 8%
- ● Communication Services 5%
- ● Energy 5%
- ● Consumer Discretionary 4%
- ● Materials 3%
- ● Consumer Staples 2%
How its portfolio changed (8 quarters)
Q2 2026: 79
Q2 2026: 45%
Q2 2026: 11.5%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified. It meets the portfolio criteria of a concentrated manager, but its type is not verified: we found no official document that is enough to say what kind of entity it is. It may be an investment firm, but also an adviser adding up client accounts, a bank or a family vehicle. It counts in the tallies like the rest; keep that in mind when reading it. How the type is assigned
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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