SCHARF INVESTMENTS, LLC

Q4 2025 13F-HR Holdings

Location
Los Gatos, CA
Holdings as of
12/31/2025
Date filed
1/15/2026
Form type
13F-HR
Num holdings
72
Total value ($000)
$3,722,567
Net value change ($000)
-255,411 (-6.4%)
New positions
9
Sold out positions
6
Turnover %
2.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/13/2025 Next filing: 4/13/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
META 98,281 3663.1%
MRSH 66,375 NEW
BKNG 59,145 74.5%
UNH 46,706 377.3%
SPY 32,023 201.3%
ZTS 30,716 42.5%
OTIS 26,820 36.6%
CB 13,364 15.8%
CNC 12,330 16.4%
FNV 10,238 7.7%
Top Reduces (Value $000, Stocks/ETFs)
FISV -144,880 -99.4%
ORCL -81,586 -45.0%
CMCSA -75,232 -96.7%
OXY -41,641 -25.6%
DCI -38,947 -61.6%
MSFT -38,107 -17.2%
MCK -32,893 -13.1%
IFF -30,016 -97.7%
KAT -28,300 -9.9%
NVS -22,537 -14.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type