SCHARF INVESTMENTS, LLC
Sector Allocation
- Financials20.0%$604.2M
- Healthcare17.0%$513.4M
- Other15.0%$455.3M
- Technology11.7%$355.1M
- Industrials9.3%$280.1M
- Consumer Discretionary6.8%$206.9M
- Consumer Staples6.0%$180.8M
- Energy5.3%$159.7M
- Real Estate3.6%$110.5M
- Materials3.4%$102.7M
AUM History
13fpro.ai/research/fund/scharf-investments-llc-1463746
Conviction and streaks
Diversifying · top 10 = 45.0%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
- ADVISORS$238.9M
OXY
$154.8MUNP
$147.5M- ADVISORS$131.1M
MKL
$118.3MMSFT
$117.1MAMZN
$115.4MV
$115.3MMCK
$113.8MBN
$110.4MCNC
$105.9MA
$100.2MFNV
$98.5MMETA
$96.0MBRK.B
$89.2MCB
$81.9MUNH
$78.9MAON
$75.2MOTIS
$72.2MCME
$63.9M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/scharf-investments-llc-1463746
SCHARF INVESTMENTS, LLC 13F holdings — Q2 2026
$3.0B portfolio (-6.7% QoQ) · 79 holdings · Q2 2026 13F · top 10 are 45% of the stock portfolio
- 1
ADVISORS SER TR - SCHARF ETF
$238.9M
7.9% of stocks
-3%This quarter—Since filed—HeldAIQuality—Est. buy— $154.8M
5.1% of stocks
-11%This quarter+16.9%Since filed9 qtrsHeld$147.5M
4.9% of stocks
-10%This quarter+2.7%Since filed10 qtrsHeldAIQuality70.6#201Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row- 4
ADVISORS SER TR - SCHARF GLOBAL
$131.1M
4.3% of stocks
+7%This quarter—Since filed—HeldAIQuality—Est. buy— $118.3M
3.9% of stocks
-0.9%This quarter-4.5%Since filed13 qtrsHeld$117.1M
3.9% of stocks
-9%This quarter+36.2%Since filed24+ qtrsHeld$115.4M
3.8% of stocks
+2672%This quarter+0.7%Since filed2 qtrsHeld$115.3M
3.8% of stocks
-8%This quarter+13.0%Since filed24+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 10 qtrs in a row$113.8M
3.8% of stocks
-32%This quarter+22.2%Since filed24+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 13 qtrs in a row$110.4M
3.6% of stocks
-6%This quarter-12.5%Since filed15 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 10 qtrs in a row
All holdings — SCHARF INVESTMENTS, LLC (Q2 2026)
79 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | CENTENE CORP | Healthcare | $105.9M | 3.5% | 1.65M | -4% | 24+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | AGILENT TECHNOLOGIES, INC. | Healthcare | $100.2M | 3.3% | 754K | -0.7% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | FRANCO NEVADA Corp | Materials | $98.5M | 3.3% | 472K | -15% | 5 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Meta Platforms, Inc. | Technology | $96.0M | 3.2% | 170K | -16% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | BERKSHIRE HATHAWAY INC | Financials | $89.2M | 3.0% | 178K | -23% | 10 qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Chubb Ltd | Financials | $81.9M | 2.7% | 240K | -11% | 4 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | UNITEDHEALTH GROUP INC | Healthcare | $78.9M | 2.6% | 190K | +9% | 5 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Aon plc | Financials | $75.2M | 2.5% | 227K | -11% | 9 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Otis Worldwide Corp | Industrials | $72.2M | 2.4% | 1.01M | -14% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | CME GROUP INC. | Financials | $63.9M | 2.1% | 289K | -11% | 8 qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | HERSHEY CO | Consumer Staples | $62.5M | 2.1% | 356K | -15% | 5 qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | ADOBE INC. | Technology | $60.5M | 2.0% | 295K | -9% | 24+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | STRYKER CORP | Healthcare | $58.1M | 1.9% | 185K | +3253% | 24+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | MARSH & MCLENNAN COMPANIES, INC. | Financials | $57.4M | 1.9% | 344K | -23% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Walt Disney Co | Communication Services | $56.9M | 1.9% | 591K | -12% | 10 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $56.5M | 1.9% | 113K | -15% | |||
| 27 | $ZTS | Zoetis Inc. | Healthcare | $52.7M | 1.7% | 734K | -12% | |||
| 28 | $SPY | SPDR S&P 500 ETF TRUST | — | $50.3M | 1.7% | 67K | -20% | |||
| 29 | $NVS | NOVARTIS AG | Healthcare | $48.7M | 1.6% | 311K | -47% | |||
| 30 | $UHAL | U-Haul Holding Co /NV/ | Consumer Discretionary | $47.4M | 1.6% | 821K | -8% | |||
| 31 | $LMT | LOCKHEED MARTIN CORP | Industrials | $44.5M | 1.5% | 87K | -9% | |||
| 32 | $NVDA | NVIDIA CORP | Technology | $41.3M | 1.4% | 207K | +762% | |||
| 33 | — | SPDR SERIES TRUST - ST STR BLO 1 ETF | — | $27.1M | 0.9% | 296K | -54% | |||
| 34 | $UHAL | U-Haul Holding Co /NV/ | Consumer Discretionary | $27.0M | 0.9% | 412K | +28% | |||
| 35 | $AOS | SMITH A O CORP | Technology | $23.5M | 0.8% | 375K | New | |||
| 36 | $CVS | CVS HEALTH Corp | Healthcare | $9.7M | 0.3% | 94K | -2% | |||
| 37 | $MELI | MERCADOLIBRE INC | Consumer Discretionary | $9.4M | 0.3% | 5,533 | +1121% | |||
| 38 | $CNI | CANADIAN NATIONAL RAILWAY CO | Industrials | $9.3M | 0.3% | 78K | -32% | |||
| 39 | $SLB | SLB LIMITED/NV | Energy | $4.8M | 0.2% | 104K | +8% | |||
| 40 | $HLN | Haleon plc | Consumer Staples | $4.5M | 0.1% | 485K | -58% | |||
| 41 | $MCD | MCDONALDS CORP | Consumer Discretionary | $3.7M | 0.1% | 14K | New | |||
| 42 | $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | Industrials | $3.5M | 0.1% | 40K | -31% | |||
| 43 | $LIN | LINDE PLC | Materials | $3.3M | 0.1% | 6,379 | New | |||
| 44 | $ASML | ASML HOLDING NV | Technology | $3.1M | 0.1% | 1,573 | New | |||
| 45 | $GOOG | Alphabet Inc. | Technology | $3.0M | 0.1% | 8,511 | -14% | |||
| 46 | $GOOGL | Alphabet Inc. | Technology | $2.7M | 0.1% | 7,551 | -11% | |||
| 47 | $AAPL | Apple Inc. | Technology | $2.6M | 0.1% | 8,870 | -10% | |||
| 48 | — | ISHARES TR - RUS 1000 ETF | — | $2.4M | 0.1% | 5,956 | +39% | |||
| 49 | — | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF | — | $2.3M | 0.1% | 38K | New | |||
| 50 | $DCI | DONALDSON Co INC | Industrials | $2.3M | 0.1% | 25K | -5% | |||
| 51 | $BKNG | Booking Holdings Inc. | Consumer Discretionary | $2.0M | 0.1% | 11K | -55% | |||
| 52 | $CCZ | COMCAST CORP | Communication Services | $1.9M | 0.1% | 76K | -5% | |||
| 53 | $GWW | W.W. GRAINGER, INC. | Consumer Discretionary | $1.7M | 0.1% | 1,260 | -13% | |||
| 54 | $ORCL | ORACLE CORP | Technology | $1.5M | 0.1% | 9,921 | -9% | |||
| 55 | $LLY | ELI LILLY & Co | Healthcare | $1.3M | 0.0% | 1,086 | -19% | |||
| 56 | $AVGO | Broadcom Inc. | Technology | $1.3M | 0.0% | 3,381 | -12% | |||
| 57 | $MA | Mastercard Inc | Financials | $1.1M | 0.0% | 2,190 | -34% | |||
| 58 | $IMNM | Immunome Inc. | Healthcare | $941K | 0.0% | 44K | — | |||
| 59 | $ETN | Eaton Corp plc | Industrials | $862K | 0.0% | 2,024 | -12% | |||
| 60 | $APD | Air Products & Chemicals, Inc. | Materials | $856K | 0.0% | 2,921 | -9% | |||
| 61 | — | VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US | — | $840K | 0.0% | 10K | New | |||
| 62 | $SCHW | SCHWAB CHARLES CORP | Financials | $817K | 0.0% | 8,859 | New | |||
| 63 | — | VANGUARD INDEX FDS - LARGE CAP ETF | — | $733K | 0.0% | 2,131 | +213% | |||
| 64 | $ABNB | Airbnb, Inc. | Technology | $681K | 0.0% | 4,760 | -51% | |||
| 65 | $APH | AMPHENOL CORP /DE/ | Technology | $640K | 0.0% | 3,631 | -26% | |||
| 66 | — | ISHARES TR - 1 3 YR TREAS BD | — | $502K | 0.0% | 6,108 | +0.4% | |||
| 67 | — | ISHARES INC - MSCI STH KOR ETF | — | $484K | 0.0% | 2,396 | New | |||
| 68 | $PSLV | Sprott Physical Silver Trust | Financials | $472K | 0.0% | 25K | New | |||
| 69 | $CARG | CarGurus, Inc. | Technology | $405K | 0.0% | 12K | New | |||
| 70 | $SPGI | S&P Global Inc. | Financials | $389K | 0.0% | 954 | -69% | |||
| 71 | $SNN | SMITH & NEPHEW PLC | Healthcare | $376K | 0.0% | 13K | -26% | |||
| 72 | — | SELECT SECTOR SPDR TR - ST STR CARE ETF | — | $339K | 0.0% | 2,135 | New | |||
| 73 | $ADP | AUTOMATIC DATA PROCESSING INC | Technology | $323K | 0.0% | 1,440 | -59% | |||
| 74 | $NOW | ServiceNow, Inc. | Technology | $286K | 0.0% | 2,879 | -63% | |||
| 75 | $TJX | TJX COMPANIES INC /DE/ | Consumer Discretionary | $270K | 0.0% | 1,779 | -63% | |||
| 76 | $EWBC | EAST WEST BANCORP INC | Financials | $229K | 0.0% | 1,776 | New | |||
| 77 | $UBER | Uber Technologies, Inc | Technology | $203K | 0.0% | 2,820 | -53% | |||
| 78 | — | VANGUARD INDEX FDS - TOTAL STK MKT | — | $201K | 0.0% | 542 | New | |||
| 79 | $PDM | Piedmont Realty Trust, Inc. | Real Estate | $136K | 0.0% | 15K | New |
What changed in Q2 2026
Against the previous quarter's 13F: 14 new, 11 added to, 53 trimmed, 5 sold out. Share-count changes; largest moves by dollar size first.
New positions (14)
$AOSSMITH A O CORP$23.5M
first bought this quarter
$MCDMCDONALDS CORP$3.7M
first bought this quarter
$LINLINDE PLC$3.3M
first bought this quarter
$ASMLASML HOLDING NV$3.1M
first bought this quarter
- VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF$2.3M
first bought this quarter
- VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US$840K
first bought this quarter
+8 more in the Excel export
Added to (11)
now $115.4M · held 2 qtrs, 2 adds in a row
$SYKSTRYKER CORP+3253%
now $58.1M · held 24+ qtrs
$NVDANVIDIA CORP+762%
now $41.3M · held 12 qtrs
- ADVISORS SER TR - SCHARF GLOBAL+7%
now $131.1M
$MELIMERCADOLIBRE INC+1121%
now $9.4M · held 2 qtrs, 2 adds in a row
now $78.9M · held 5 qtrs
+5 more in the Excel export
Trimmed (53)
now $113.8M · held 24+ qtrs, 13 trims in a row
$NVSNOVARTIS AG-47%
now $48.7M · held 24+ qtrs, 4 trims in a row
- SPDR SERIES TRUST - ST STR BLO 1 ETF-54%
now $27.1M
now $89.2M · held 10 qtrs, 4 trims in a row
now $154.8M · held 9 qtrs
now $96.0M · held 6 qtrs
+47 more in the Excel export
Sold out (5)
$AWKAmerican Water Works Company, Inc.was $4.9M
held 1 qtr
$INTUINTUIT INC.was $1.4M
held 9 qtrs
$XOM.R34088EXXON MOBIL CORPwas $1.1M
held 1 qtr
$FISVFISERV INCwas $558K
held 9 qtrs
$IRLAIRulya Therapeutics Inc.was $2K
held 6 qtrs
Holdings by quarter
Every 13F SCHARF INVESTMENTS, LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow SCHARF INVESTMENTS?
Q2 2026 13F filed with the SEC on Jul 13, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of SCHARF INVESTMENTS's top 20 holdings: 68/100 (our AI quality score, weighted by position size; 16 of the 20 are scored)
Top 10 since filing
+10.5%
Value-weighted move of the 10 largest stock positions
Turnover
9%
Last quarter; 40% over the last 4
Top 10 weight
45%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
91%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q3 2020 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
SCHARF INVESTMENTS, LLC disclosed 79 positions worth $3.0B in its Form 13F-HR for Q2 2026, followed by $OXY and $UNP. During the quarter the fund opened 14 new positions and exited 5 — including a new stake in $AOS and a full exit from $AWK. The portfolio is most concentrated in Financials (20.0% of disclosed assets). All figures are sourced directly from SCHARF INVESTMENTS, LLC’s Form 13F-HR filing with the SEC under CIK 1463746.
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AI-Powered Hedge Fund Analysis: SCHARF INVESTMENTS, LLC
13F Pro is an AI hedge fund tracker and stock research platform. For SCHARF INVESTMENTS, LLC (SEC CIK: 1463746), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in SCHARF INVESTMENTS, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.