Scharf Investments, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 13, 2026), Scharf Investments, LLC reported 70 stock positions worth $3.2 billion. Its top holding was Scharf ETF (KAT) at 7.5% of the portfolio, followed by Occidental Petroleum (OXY, 7.2%) and McKesson (MCK, 5.9%). Compared with Q4 2025, it opened 8 new positions, sold out of 10, added to 17 and reduced 44. The biggest buy was Occidental Petroleum (OXY, shares +22%) and the biggest sale Oracle (ORCL, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- LOS GATOS, CA
- CIK
- 0001463746
- Portfolio Value
- $3.2B (Q1 2026)
- SEC Filing
- 0001463746-26-000002 ↗ filed Apr 13, 2026
Holdings Value
Holdings 70 stocks · $3.2B
| KAT Scharf ETF | 7.53% | 4,559,282 | $244.4M | Reduce -3.0% |
| OXY Occidental Petroleum Corp. | 7.18% | 3,583,864 | $233.0M | Add +21.9% |
| MCK McKesson Corp. | 5.91% | 221,582 | $191.8M | Reduce -16.6% |
| UNP Union Pacific Corp. | 4.49% | 599,899 | $145.6M | Reduce -8.6% |
| FNV Franco-Nevada Corp. | 4.24% | 557,135 | $137.6M | Reduce -19.5% |
| MSFT Microsoft Corp. | 3.92% | 343,477 | $127.1M | Reduce -9.2% |
| MKL Markel Group Inc. | 3.61% | 61,142 | $117.1M | Reduce -11.7% |
| META Meta Platforms Inc. Class A | 3.59% | 203,367 | $116.4M | Add +33.0% |
| GKAT Scharf Global Opportunityetf | 3.56% | 2,826,340 | $115.5M | Add +6.3% |
| BN Brookfield Corp. | 3.44% | 2,756,660 | $111.6M | Reduce -21.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.42% | 231,257 | $110.8M | Reduce -25.1% |
| V Visa Inc. Class A | 3.41% | 365,861 | $110.6M | Reduce -9.3% |
| ZTS Zoetis Inc. | 3.05% | 837,314 | $99.0M | Add +2.3% |
| CME Cme Group Inc. | 2.96% | 325,461 | $96.1M | Reduce -16.8% |
| NVS Novartis AG-Sponsored ADR | 2.77% | 589,232 | $90.0M | Reduce -38.8% |
| OTIS Otis Worldwide Corp. | 2.77% | 1,166,569 | $89.9M | Add +1.9% |
| CB Chubb Ltd. | 2.72% | 270,629 | $88.2M | Reduce -13.7% |
| HSY The Hershey Co. | 2.68% | 418,116 | $86.9M | Reduce -15.7% |
| A Agilent Technologies Inc. | 2.67% | 759,802 | $86.6M | Add +43.0% |
| AON Aon PLC Class A | 2.54% | 254,941 | $82.3M | Add +22.5% |
| ADBE Adobe Inc. | 2.44% | 325,802 | $79.2M | Add +46.2% |
| MRSH Marsh & McLennan Cos | 2.40% | 449,343 | $77.9M | Add +25.6% |
| TMO Thermo Fisher Scientific Inc. | 2.01% | 132,395 | $65.1M | Reduce -5.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.00% | 672,472 | $64.8M | Reduce -16.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.83% | 648,714 | $59.4M | Add +29440.7% |
| LMT Lockheed Martin Corp. | 1.79% | 96,073 | $58.1M | Reduce -38.1% |
| BKNG Booking Holdings Inc. | 1.77% | 25,159 | $57.4M | Reduce -2.7% |
| CNC Centene Corp. | 1.73% | 1,719,026 | $56.3M | Reduce -19.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.69% | 84,290 | $54.8M | Add +19.9% |
| UNH Unitedhealth Group Inc. | 1.46% | 174,602 | $47.2M | Reduce -2.4% |
| UHAL.B U-Haul Holding Co.-Non Voting | 1.22% | 888,941 | $39.7M | Add +8.2% |
| UHAL U-Haul Holding Co. | 0.47% | 322,002 | $15.4M | Reduce -25.3% |
| CNI Canadian Natl Railway Co. | 0.36% | 114,717 | $11.8M | Add +36.9% |
| HLN Haleon PLC-ADR | 0.35% | 1,150,750 | $11.5M | Add +5.0% |
| CVS CVS Health Corp. | 0.21% | 96,169 | $6.9M | Reduce -7.1% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.15% | 95,809 | $4.9M | Add +372.1% |
| AWK American Water Works Co. Inc. | 0.15% | 35,846 | $4.9M | New |
| CP Canadian Pacific Kansas City | 0.14% | 58,242 | $4.6M | Add +0.2% |
| NVDA Nvidia Corp. | 0.13% | 23,967 | $4.2M | Reduce -29.3% |
| AMZN Amazon.com Inc. | 0.11% | 17,471 | $3.6M | New |
| GOOG Alphabet Inc. Class C | 0.09% | 9,854 | $2.8M | Reduce -26.7% |
| AAPL Apple Inc. | 0.08% | 9,838 | $2.5M | Reduce -19.6% |
| GOOGL Alphabet Inc. Class A | 0.08% | 8,531 | $2.5M | Reduce -29.1% |
| CMCSA Comcast Corp. Class A | 0.07% | 80,384 | $2.3M | Reduce -6.4% |
| DCI Donaldson Co. Inc. | 0.07% | 26,767 | $2.3M | Reduce -90.2% |
| SYK Stryker Corp. | 0.06% | 5,505 | $1.8M | Reduce -29.4% |
| MA Mastercard Inc. Class A | 0.05% | 3,295 | $1.6M | Reduce -30.3% |
| ORCL Oracle Corp. | 0.05% | 10,938 | $1.6M | Reduce -97.9% |
| GWW WW Grainger Inc. | 0.05% | 1,456 | $1.6M | Reduce -24.6% |
| IWB iShares Russell 1000 ETF | 0.05% | 4,295 | $1.5M | Reduce -48.3% |
| INTU Intuit Inc. | 0.04% | 3,286 | $1.4M | Reduce -36.0% |
| SPGI S&P Global Inc. | 0.04% | 3,106 | $1.3M | New |
| LLY Eli Lilly & Co. | 0.04% | 1,339 | $1.2M | Reduce -35.1% |
| ABNB Airbnb Inc. Class A | 0.04% | 9,742 | $1.2M | New |
| AVGO Broadcom Inc. | 0.04% | 3,860 | $1.2M | Reduce -43.0% |
| XOM Exxon Mobil Corp. | 0.03% | 6,443 | $1.1M | New |
| IMNM Immunome Inc. | 0.03% | 44,389 | $971K | No change |
| APD Air Products & Chemicals Inc. | 0.03% | 3,193 | $928K | Reduce -30.1% |
| ETN Eaton Corp. PLC | 0.03% | 2,295 | $821K | Reduce -27.3% |
| NOW ServiceNow Inc. | 0.03% | 7,842 | $820K | New |
| MELI MercadoLibre Inc. | 0.02% | 453 | $783K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.02% | 4,753 | $759K | New |
| ADP Automatic Data Processing | 0.02% | 3,484 | $708K | Reduce -44.2% |
| APH Amphenol Corp. Class A | 0.02% | 4,879 | $616K | Reduce -30.6% |
| SNN Smith & Nephew PLC -Spon ADR | 0.02% | 17,637 | $560K | Reduce -99.0% |
| FISV Fiserv Inc. | 0.02% | 9,995 | $558K | Reduce -28.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.02% | 6,081 | $502K | Add +0.3% |
| UBER Uber Technologies Inc. | 0.01% | 5,983 | $430K | Reduce -38.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.01% | 680 | $203K | Reduce -61.5% |
| QUINCE THERAPEUTICS INC | 0.00% | 19,461 | $2K | Reduce -78.6% |
Portfolio Sells Q4 2025 → Q1 2026
| ORCL Oracle Corp. | Reduce -97.9% | 0.05% | −2.63 |
| BKNG Booking Holdings Inc. | Reduce -2.7% | 1.77% | −1.95 |
| SNN Smith & Nephew PLC -Spon ADR | Reduce -99.0% | 0.02% | −1.47 |
| MSFT Microsoft Corp. | Reduce -9.2% | 3.92% | −0.99 |
| BN Brookfield Corp. | Reduce -21.6% | 3.44% | −0.90 |
| NVS Novartis AG-Sponsored ADR | Reduce -38.8% | 2.77% | −0.79 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -25.1% | 3.42% | −0.75 |
| CNC Centene Corp. | Reduce -19.0% | 1.73% | −0.61 |
| DCI Donaldson Co. Inc. | Reduce -90.2% | 0.07% | −0.58 |
| DIS The Walt Disney Co. | Reduce -16.2% | 2.00% | −0.46 |
| V Visa Inc. Class A | Reduce -9.3% | 3.41% | −0.39 |
| MKL Markel Group Inc. | Reduce -11.7% | 3.61% | −0.39 |
| LMT Lockheed Martin Corp. | Reduce -38.1% | 1.79% | −0.23 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.4% | 2.01% | −0.17 |
| UNH Unitedhealth Group Inc. | Reduce -2.4% | 1.46% | −0.13 |
| UHAL U-Haul Holding Co. | Reduce -25.3% | 0.47% | −0.11 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.06 |
| INTU Intuit Inc. | Reduce -36.0% | 0.04% | −0.05 |
| NVDA Nvidia Corp. | Reduce -29.3% | 0.13% | −0.04 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.04 |
| IWB iShares Russell 1000 ETF | Reduce -48.3% | 0.05% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -26.7% | 0.09% | −0.03 |
| AVGO Broadcom Inc. | Reduce -43.0% | 0.04% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -29.1% | 0.08% | −0.03 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.02 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -30.3% | 0.05% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -35.1% | 0.04% | −0.02 |
| ADP Automatic Data Processing | Reduce -44.2% | 0.02% | −0.02 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.02 |
| SYK Stryker Corp. | Reduce -29.4% | 0.06% | −0.02 |
| AAPL Apple Inc. | Reduce -19.6% | 0.08% | −0.01 |
| CARG Cargurus Inc. | Sold out | 0.00% | −0.01 |
| SEMG Suncoast Select Growth ETF | Sold out | 0.00% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -61.5% | 0.01% | −0.01 |
| FISV Fiserv Inc. | Reduce -28.8% | 0.02% | −0.01 |
| QUINCE THERAPEUTICS INC | Reduce -78.6% | 0.00% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -38.2% | 0.01% | −0.01 |
| CVS CVS Health Corp. | Reduce -7.1% | 0.21% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -30.6% | 0.02% | −0.01 |
| MLKN Millerknoll Inc. | Sold out | 0.00% | −0.01 |
| GWW WW Grainger Inc. | Reduce -24.6% | 0.05% | −0.00 |
| PDM Piedmont Realty Trust Inc. | Sold out | 0.00% | −0.00 |
| APD Air Products & Chemicals Inc. | Reduce -30.1% | 0.03% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -27.3% | 0.03% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -6.4% | 0.07% | +0.00 |
| MCK McKesson Corp. | Reduce -16.6% | 5.91% | +0.05 |
| CB Chubb Ltd. | Reduce -13.7% | 2.72% | +0.09 |
| CME Cme Group Inc. | Reduce -16.8% | 2.96% | +0.09 |
Portfolio Buys Q4 2025 → Q1 2026
| OXY Occidental Petroleum Corp. | Add +21.9% | 7.18% | +3.93 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +29440.7% | 1.83% | +1.83 |
| META Meta Platforms Inc. Class A | Add +33.0% | 3.59% | +0.87 |
| A Agilent Technologies Inc. | Add +43.0% | 2.67% | +0.73 |
| GKAT Scharf Global Opportunityetf | Add +6.3% | 3.56% | +0.63 |
| MRSH Marsh & McLennan Cos | Add +25.6% | 2.40% | +0.62 |
| AON Aon PLC Class A | Add +22.5% | 2.54% | +0.56 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.9% | 1.69% | +0.40 |
| ADBE Adobe Inc. | Add +46.2% | 2.44% | +0.34 |
| ZTS Zoetis Inc. | Add +2.3% | 3.05% | +0.28 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +8.2% | 1.22% | +0.19 |
| AWK American Water Works Co. Inc. | New | 0.15% | +0.15 |
| CNI Canadian Natl Railway Co. | Add +36.9% | 0.36% | +0.14 |
| SLB SLB Ltd. | Add +372.1% | 0.15% | +0.13 |
| AMZN Amazon.com Inc. | New | 0.11% | +0.11 |
| OTIS Otis Worldwide Corp. | Add +1.9% | 2.77% | +0.08 |
| HLN Haleon PLC-ADR | Add +5.0% | 0.35% | +0.06 |
| SPGI S&P Global Inc. | New | 0.04% | +0.04 |
| ABNB Airbnb Inc. Class A | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | New | 0.03% | +0.03 |
| CP Canadian Pacific Kansas City | Add +0.2% | 0.14% | +0.03 |
| NOW ServiceNow Inc. | New | 0.03% | +0.03 |
| MELI MercadoLibre Inc. | New | 0.02% | +0.02 |
| TJX TJX Companies Inc. | New | 0.02% | +0.02 |
| SHY iShares 1-3 Year Treasury Bo | Add +0.3% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 79 | $3.0B | KAT, OXY, UNP, GKAT, MKL |
| Q1 2026 | 70 | $3.2B | KAT, OXY, MCK, UNP, FNV |
| Q4 2025 | 72 | $3.7B | KAT, MCK, MSFT, BN, BRK.B |
| Q3 2025 | 69 | $4.0B | KAT, MCK, MSFT, ORCL, BN |
| Q2 2025 | 66 | $3.5B | MCK, MSFT, BRK.B, FISV, ORCL |
| Q1 2025 | 69 | $3.3B | MCK, FISV, BRK.B, BN, V |
| Q4 2024 | 69 | $3.4B | FISV, BN, MCK, BRK.B, MSFT |
| Q3 2024 | 68 | $3.6B | FISV, BN, BRK.B, MCK, CMCSA |
| Q2 2024 | 58 | $3.5B | MCK, MSFT, FISV, BRK.B, BN |
| Q1 2024 | 61 | $3.7B | MCK, BRK.B, FISV, CMCSA, MSFT |