Scharf Investments, LLC
SEC Form 13F institutional filer · CIK 0001463746
13F-HR · 51 reported holdings · 2026-03-31
Asset management firm.
Reported long-US-equity value
$2.28B
Top-10 concentration
57.9%
Scharf Investments, LLC — $2.28B AUM allocation strategy
Scharf Investments, LLC files SEC Form 13F and reports $2.28B of long US equity value across 51 reported holdings for 2026-03-31.
Its largest sector bet is Financials 24.8%, followed by Health Care 19.4% and Industrials 12.9%.
The top 10 holdings account for 58% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Scharf Investments, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.28B
total across 51 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
58% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$OXY +644K sh · +$112M+$A +229K sh · +$14.3M+$ADBE +103K sh · +$1.18M
Biggest trims (shares)
−$ORCL −501K sh · −$98.1M−$CNC −404K sh · −$31.1M−$DIS −130K sh · −$26.5M
Exited to nil (held last quarter, gone now)
$CRM ($2.13M last qtr)$HONA ($1.51M last qtr)$IVZ ($832K last qtr)$VOO ($829K last qtr)$IFF ($719K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Oil & Gas Exploration & Production10.2%—
- Health Care Distributors8.4%—
- Insurance Brokers7.1%—
- Life Sciences Tools & Services6.6%—
- Rail Transportation6.3%—
- Systems Software5.6%—
- Interactive Media & Services5.1%—
- Multi-Sector Holdings4.9%—
- Other holdings45.7%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $OXY | Occidental Petroleum Corporation | 3.58M | $233M | +644K | 10.2% |
| $MCK | McKesson Corporation | 222K | $192M | -44.1K | 8.4% |
| $UNP | Union Pacific Corporation | 600K | $146M | -56.1K | 6.4% |
| $MSFT | Microsoft Corporation | 343K | $127M | -34.6K | 5.6% |
| $META | Meta Platforms Inc | 203K | $116M | +50.4K | 5.1% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 231K | $111M | -77.3K | 4.9% |
| $V | Visa Inc | 366K | $111M | -37.7K | 4.8% |
| $ZTS | Zoetis Inc | 837K | $99M | +18.4K | 4.3% |
| $CME | CME Group Inc | 325K | $96.1M | -65.6K | 4.2% |
| $OTIS | Otis Worldwide Corporation | 1.17M | $89.9M | +21.5K | 3.9% |
…and 41 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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