Scharf Investments 13F annual report
Scharf Investments is an investment fund managing more than $3.51 trillion ran by Jason Marcus. There are currently 55 companies in Mr. Marcus’s portfolio. The largest investments include Mckesson and Microsoft, together worth $493 billion.
$3.51 trillion Assets Under Management (AUM)
As of 16th July 2024, Scharf Investments’s top holding is 481,233 shares of Mckesson currently worth over $281 billion and making up 8.0% of the portfolio value.
Relative to the number of outstanding shares of Mckesson, Scharf Investments owns more than approximately 0.1% of the company.
In addition, the fund holds 473,446 shares of Microsoft worth $212 billion, whose value grew 9.6% in the past six months.
The third-largest holding is Fiserv worth $208 billion and the next is Berkshire Hathaway worth $206 billion, with 504,375 shares owned.
Currently, Scharf Investments's portfolio is worth at least $3.51 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Scharf Investments
The Scharf Investments office and employees reside in Los Gatos, California. According to the last 13-F report filed with the SEC, Jason Marcus serves as the Chief Operating Officer at Scharf Investments.
Recent trades
In the most recent 13F filing, Scharf Investments revealed that it had opened a new position in
Air Prods Chems Inc and bought 459,228 shares worth $119 billion.
The investment fund also strengthened its position in Fiserv by buying
291,252 additional shares.
This makes their stake in Fiserv total 1,397,202 shares worth $208 billion.
Fiserv dropped approximately 0.1% in the past year.
On the other hand, there are companies that Scharf Investments is getting rid of from its portfolio.
Scharf Investments closed its position in Match on 23rd July 2024.
It sold the previously owned 863,714 shares for $31.5 billion.
Jason Marcus also disclosed a decreased stake in Mckesson by approximately 0.1%.
This leaves the value of the investment at $281 billion and 481,233 shares.
One of the largest hedge funds
The two most similar investment funds to Scharf Investments are Clearbridge Investments Ltd and Mufg Bank, Ltd. They manage $3.51 trillion and $3.51 trillion respectively.
Jason Marcus investment strategy
Scharf Investments’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 19.8% of
the total portfolio value.
The fund focuses on investments in the United States as
49.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
49% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $293 billion.
The complete list of Scharf Investments trades based on 13F SEC filings
These positions were updated on July 23rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Mckesson Corporation |
8.32%
481,233
|
$281,059,543,000 | 8.02% |
| Microsoft Corporation |
8.70%
473,446
|
$211,606,604,000 | 6.04% |
| Fiserv, Inc. |
26.34%
1,397,202
|
$208,239,050,000 | 5.94% |
| Berkshire Hathaway Inc. |
18.66%
504,375
|
$206,403,603,000 | 5.89% |
| Brookfield Corp |
5.70%
4,816,425
|
$200,079,160,000 | 5.71% |
| Comcast Corp New |
7.72%
4,916,005
|
$192,510,750,000 | 5.49% |
| Oracle Corp. |
9.94%
1,309,407
|
$184,888,220,000 | 5.27% |
| Markel Group Inc |
15.93%
106,706
|
$168,132,824,000 | 4.80% |
| Visa Inc |
9.93%
573,500
|
$150,526,707,000 | 4.29% |
| Centene Corp. |
6.09%
2,239,756
|
$148,495,854,000 | 4.24% |
| Novartis AG |
5.08%
1,351,452
|
$143,875,521,000 | 4.10% |
| Realty Income Corp. |
4.17%
2,493,721
|
$131,718,303,000 | 3.76% |
| Union Pac Corp |
4.19%
581,104
|
$131,480,410,000 | 3.75% |
| Air Prods Chems Inc |
Opened
459,228
|
$118,503,853,000 | 3.38% |
| CVS Health Corp |
9.41%
1,983,608
|
$117,151,948,000 | 3.34% |
| Lockheed Martin Corp. |
12.14%
217,299
|
$101,500,571,000 | 2.90% |
| Unilever plc |
32.80%
1,738,034
|
$95,574,465,000 | 2.73% |
| Booking Holdings Inc |
29.89%
22,795
|
$90,300,058,000 | 2.58% |
| Gentex Corp. |
Opened
2,278,357
|
$76,803,425,000 | 2.19% |
| Smith Nephew Plc |
0.19%
2,986,101
|
$73,995,590,000 | 2.11% |
| Aon plc. |
Opened
240,425
|
$70,584,020,000 | 2.01% |
| Millerknoll Inc |
47.16%
2,541,631
|
$67,327,803,000 | 1.92% |
| Disney Walt Co |
37.60%
659,891
|
$65,520,569,000 | 1.87% |
| U-Haul Holding Company |
4.88%
1,709,717
|
$103,774,940,000 | 2.96% |
| Spdr Ser Tr |
1,950.96%
582,268
|
$53,440,604,000 | 1.52% |
| Occidental Pete Corp |
Opened
678,161
|
$42,744,467,000 | 1.22% |
| Match Group Inc. |
Closed
863,714
|
$31,525,567,000 | |
| Spdr Sp 500 Etf Tr |
45.21%
34,279
|
$18,655,294,000 | 0.53% |
| NVIDIA Corp |
1,004.99%
39,824
|
$4,919,831,000 | 0.14% |
| Portland Gen Elec Co |
18.06%
82,728
|
$3,577,159,000 | 0.10% |
| Alphabet Inc |
8.53%
30,735
|
$5,622,531,000 | 0.16% |
| Intuit Inc |
10.42%
5,118
|
$3,363,838,000 | 0.10% |
| Apple Inc |
15.02%
15,825
|
$3,333,053,000 | 0.10% |
| Adobe Inc |
8.20%
4,603
|
$2,557,151,000 | 0.07% |
| Stryker Corp. |
13.90%
7,317
|
$2,489,585,000 | 0.07% |
| Salesforce Inc |
157.75%
9,480
|
$2,437,308,000 | 0.07% |
| Accenture Plc Ireland |
8.91%
7,783
|
$2,361,454,000 | 0.07% |
| Valvoline Inc |
97.94%
54,596
|
$2,358,543,000 | 0.07% |
| Unitedhealth Group Inc |
10.99%
3,889
|
$1,980,732,000 | 0.06% |
| Mastercard Incorporated |
9.75%
4,480
|
$1,976,542,000 | 0.06% |
| Grainger W W Inc |
9.55%
1,951
|
$1,760,419,000 | 0.05% |
| Baidu Inc |
54.82%
20,329
|
$1,758,052,000 | 0.05% |
| Sony Group Corp |
13.52%
20,029
|
$1,701,464,000 | 0.05% |
| Automatic Data Processing In |
7.81%
6,117
|
$1,459,990,000 | 0.04% |
| Merck Co Inc |
12.20%
10,110
|
$1,251,716,000 | 0.04% |
| Eaton Corp Plc |
Opened
3,024
|
$948,179,000 | 0.03% |
| Canadian Pacific Kansas City |
98.98%
12,016
|
$946,050,000 | 0.03% |
| Vanguard Index Fds |
Closed
10,808
|
$1,009,783,000 | |
| Tractor Supply Co. |
Closed
4,077
|
$876,824,000 | |
| Spdr Dow Jones Indl Average |
Opened
2,190
|
$856,575,000 | 0.02% |
| Nike, Inc. |
30.81%
10,122
|
$762,860,000 | 0.02% |
| Progressive Corp. |
1.92%
3,475
|
$721,771,000 | 0.02% |
| Kenvue Inc |
Closed
18,347
|
$395,026,000 | |
| Johnson Johnson |
Closed
2,352
|
$368,616,000 | |
| Ishares Tr |
57.22%
1,120
|
$333,109,000 | 0.01% |
| CarGurus Inc |
Opened
10,350
|
$271,170,000 | 0.01% |
| Invesco Exch Traded Fd Tr Ii |
Closed
9,836
|
$245,703,000 | |
| Quest Diagnostics, Inc. |
Closed
1,758
|
$242,393,000 | |
| Marcus Millichap Inc |
40.02%
6,962
|
$219,442,000 | 0.01% |
| First Horizon Corporation |
Opened
10,080
|
$158,962,000 | 0.00% |
| Piedmont Office Realty Tr In |
40.03%
18,460
|
$133,835,000 | 0.00% |
| Quince Therapeutics Inc |
Closed
91,061
|
$95,614,000 | |
| Brandywine Rlty Tr |
40.10%
20,087
|
$89,990,000 | 0.00% |
| Constellation Brands Inc |
Closed
124
|
$30,151,000 | |
| No transactions found | |||
| Showing first 500 out of 64 holdings | |||
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