Fund Holdings

SCHARF INVESTMENTS, LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
ADVISORS SER TR05,097,717+5,097,7170286,861,7497.21%+286,861,749
ADVISORS SER TR02,488,761+2,488,761099,251,7932.50%+99,251,793
CHUBB LIMITED0299,482+299,482084,532,9792.13%+84,532,979
UNION PAC CORP(UNP)329,812668,092+338,28075,886,261157,920,1613.97%+82,033,900
OTIS WORLDWIDE CORP(OTIS)0800,601+800,601073,200,2591.84%+73,200,259
THERMO FISHER SCIENTIFIC INC(TMO)0150,346+150,346072,927,7371.83%+72,927,737
AGILENT TECHNOLOGIES INC(A)0567,816+567,816072,881,0721.83%+72,881,072
ZOETIS INC(ZTS)0494,216+494,216072,315,7241.82%+72,315,724
FRANCO NEV CORP(FNV)478,933597,744+118,81178,509,229133,246,3363.35%+54,737,107
U HAUL HOLDING COMPANY148,257902,234+753,9778,978,44445,923,7111.15%+36,945,267
INTERNATIONAL FLAVORS&FRAGRA(IFF)0499,419+499,419030,734,9560.77%+30,734,956
OCCIDENTAL PETE CORP(OXY)3,480,8903,439,635-41,255146,232,432162,523,0254.09%+16,290,593
DONALDSON INC(DCI)760,079772,172+12,09352,712,50563,203,4081.59%+10,490,903
SMITH & NEPHEW PLC(SNN)2,083,5132,029,051-54,46263,818,25973,634,5401.85%+9,816,281
HERSHEY CO(HSY)545,858534,020-11,83890,587,57899,891,1852.51%+9,303,607
ASTRAZENECA PLC(AZN)092,464+92,46407,093,8490.18%+7,093,849
BROOKFIELD CORP(BN)2,823,1532,629,310-193,843174,605,250180,324,2994.53%+5,719,049
HALEON PLC(HLN)491,450933,328+441,8785,096,3368,371,9520.21%+3,275,616
UNITEDHEALTH GROUP INC(UNH)29,46535,850+6,3859,192,19612,379,0050.31%+3,186,809
SONY GROUP CORP(SONY)103,275181,601+78,3262,688,2485,228,2930.13%+2,540,045
NOVARTIS AG(NVS)1,262,4441,210,948-51,496152,769,793155,293,4393.90%+2,523,646
VANGUARD INTL EQUITY INDEX F038,131+38,13102,065,9380.05%+2,065,938
ALPHABET INC(GOOG)21,80321,527-2763,867,6275,242,9040.13%+1,375,277
BROADCOM INC(AVGO)03,977+3,97701,312,0550.03%+1,312,055
UBER TECHNOLOGIES INC(UBER)013,035+13,03501,277,0390.03%+1,277,039
ALPHABET INC(GOOG)13,71313,522-1912,416,7693,287,3850.08%+870,616
BANCO MACRO SA(BMA)019,965+19,9650844,3200.02%+844,320
LOCKHEED MARTIN CORP(LMT)194,309181,834-12,47589,999,66290,780,8152.28%+781,153
GRUPO FINANCIERO GALICIA S.A(GGAL)027,686+27,6860763,0260.02%+763,026
APPLE INC(AAPL)13,66813,414-2542,804,3243,415,5670.09%+611,243
ISHARES TR05,423+5,4230449,8920.01%+449,892
KILROY RLTY CORP(KRC)04,963+4,9630209,6870.01%+209,687
IMMUNOME INC(IMNM)44,38944,3890412,818519,7950.01%+106,977
BERKSHIRE HATHAWAY INC DEL2201,457,6001,508,4000.04%+50,800
EATON CORP PLC(ETN)3,5963,547-491,283,7591,327,4930.03%+43,734
SPDR DOW JONES INDL AVERAGE(DIA)1,0951,0950482,512507,7950.01%+25,283
CARGURUS INC(CARG)13,04911,868-1,181436,750441,8460.01%+5,096
MASTERCARD INCORPORATED(MA)5,2735,218-552,963,4762,968,4360.07%+4,960
QUINCE THERAPEUTICS INC91,06191,0610150,251148,4290.00%-1,822
PIEDMONT REALTY TRUST INC(PDM)20,90314,812-6,091152,383133,3080.00%-19,075
META PLATFORMS INC(META)3,6713,653-182,709,5342,682,6980.07%-26,836
ELI LILLY & CO(LLY)2,4812,444-371,934,0331,864,7960.05%-69,237
MILLERKNOLL INC(MLKN)24,20618,914-5,292470,063335,5270.01%-134,536
AUTOMATIC DATA PROCESSING IN7,2667,165-1012,240,9722,103,0720.05%-137,900
NVIDIA CORPORATION(NVDA)45,65737,773-7,8847,213,3157,047,6480.18%-165,667
EAST WEST BANCORP INC(EWBC)2,2300-2,230225,1850-225,185
CANADIAN PACIFIC KANSAS CITY(CP)2,8530-2,853226,1700-226,170
GRAINGER W W INC(GWW)2,2852,251-342,377,3682,145,5040.05%-231,864
SPROUTS FMRS MKT INC(SFM)1,4260-1,426234,7770-234,777
ARMSTRONG WORLD INDS INC NEW(AWI)1,4890-1,489241,8730-241,873
QUEST DIAGNOSTICS INC(DGX)1,4130-1,413253,8170-253,817
STRYKER CORPORATION(SYK)8,7008,622-783,441,9043,187,2460.08%-254,658
FIRST HORIZON CORPORATION(FHN)12,7080-12,708269,4100-269,410
MARCUS & MILLICHAP INC(MMI)8,7770-8,777269,5420-269,542
HEALTHEQUITY INC(HQY)2,6520-2,652277,8240-277,824
MICROSOFT CORP(MSFT)444,957426,605-18,352221,332,955220,966,8235.55%-366,132
SALESFORCE INC(CRM)11,11610,832-2843,031,2462,567,2100.06%-464,036
ISHARES TR1,8860-1,886640,5940-640,594
INTUIT(INTU)5,9895,906-834,717,0164,033,1990.10%-683,817
PROGRESSIVE CORP(PGR)3,4750-3,475927,3120-927,312
CVS HEALTH CORP(CVS)125,885101,390-24,4958,683,4657,643,7550.19%-1,039,710
VALVOLINE INC(VVV)31,6130-31,6131,197,2000-1,197,200
ACCENTURE PLC IRELAND9,1200-9,1202,725,9460-2,725,946
AON PLC(AON)229,454220,088-9,36681,865,44078,484,6091.97%-3,380,831
PORTLAND GEN ELEC CO(POR)101,5080-101,5084,124,2700-4,124,270
MCKESSON CORP(MCK)348,429324,733-23,696255,332,887250,880,5266.31%-4,452,361
SPDR S&P 500 ETF TR(SPY)36,95423,875-13,07922,834,69415,908,7010.40%-6,925,993
CME GROUP INC(CME)440,229422,070-18,159121,339,734114,043,0942.87%-7,296,640
DISNEY WALT CO(DIS)840,267843,866+3,599104,203,18096,624,1742.43%-7,579,006
ADOBE INC(ADBE)236,955230,925-6,03091,679,05081,463,8992.05%-10,215,151
BOOKING HOLDINGS INC(BKNG)15,68614,684-1,00290,903,65379,367,5402.00%-11,536,113
ORACLE CORP(ORCL)883,272644,647-238,625193,112,810181,303,3474.56%-11,809,463
COMCAST CORP NEW(CCZ)2,641,8482,476,072-165,77694,287,82277,798,4011.96%-16,489,421
VISA INC(V)474,828443,873-30,955168,592,668151,533,4863.81%-17,059,182
SCHLUMBERGER LTD(SLB)583,63321,384-562,24919,727,163734,9680.02%-18,992,195
MARKEL GROUP INC(MKL)87,98075,346-12,634175,758,922144,043,2543.62%-31,715,668
CENTENE CORP DEL(CNC)2,013,7802,103,199+89,419109,308,35475,042,4191.89%-34,265,935
BERKSHIRE HATHAWAY INC DEL436,722352,896-83,826212,153,387177,422,4124.46%-34,730,975
U HAUL HOLDING COMPANY1,449,296548,115-901,18181,691,97531,281,6200.79%-50,410,355
FISERV INC(FISV)1,155,9661,131,009-24,957199,302,258145,822,6353.67%-53,479,623
SPDR SERIES TRUST760,22455,449-704,77569,736,0935,088,7750.13%-64,647,318
AIR PRODS & CHEMS INC506,6005,913-500,687142,895,5821,612,5930.04%-141,282,989
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