The Rise and Fall of Scharf Investments LLC Q4 2022 vs. Q1 2023

Scharf Investments, LLC is a well-known investment firm that manages over $23 billion in assets. Its portfolio includes a mix of assets, including equities, fixed income, and alternative investments. Scharf Investments, LLC releases a quarterly 13F filing outlining the firm's holdings. In this blog post, we will examine the changes in holdings of Scharf Investments, LLC, comparing Q4 2022 to Q1 2023.

The 13F filing reveals that Scharf Investments, LLC sold 1.2% of its holdings of McKesson Corp, reducing the number of shares from 655,376 to 682,528. The value of the holdings also decreased from $245,870 to $243,035. Despite the decrease, McKesson Corp remains one of Scharf's top holdings.

Berkshire Hathaway Inc Del, on the other hand, saw an increase in Scharf's holdings. The investment firm added 3.3% to its holdings, increasing its shares from 754,744 to 779,946. The value of its holdings also rose from $233,147 to $240,825, demonstrating an increase in confidence in Berkshire Hathaway's performance.

Another key change in Scharf's portfolio was the increase in its holdings of Microsoft Corp. Scharf increased its position in Microsoft by 25.5%, moving from 627,107 shares to 654,923 shares. The value of its holdings skyrocketed from $150,415 to $188,811, demonstrating a significant bullish attitude toward the future performance of the tech giant.

Scharf's holdings of Oracle Corp saw a small decline of 1.4%, reducing the number of shares from 1,963,741 to 1,751,828. The value of its holdings also decreased slightly from $160,585 to $162,788.

Other significant changes in Scharf's portfolio included Booking Holdings Inc, which increased by 22.8%. The firm's holdings of Booking Holdings increased from 64,886 to 60,596, while the value of its holdings increased from $130,885 to $160,722.

CVS Health Corp, on the other hand, saw a significant decrease in Scharf's portfolio. The investment firm reduced its holdings in CVS Health Corp by 17.5%, moving from 1,813,362 shares to 1,876,059 shares. The value of its holdings also decreased significantly, from $168,944 to $139,426.

One of the most notable changes in Scharf's portfolio was the addition of Brookfield Corp, which saw an increase of 2624.6% in the number of shares held. Scharf increased its holdings of Brookfield Corp from 13,190 shares to 346,954 shares, with the value of its holdings increasing from $4,149 to $113,060.

In conclusion, the 13F filing reveals the rise and fall of Scharf Investments, LLC's holdings in Q4 2022 vs. Q1 2023. While some holdings experienced significant increases, others saw significant decreases. The filings help investors to understand the investment strategy and performance of Scharf Investments, LLC and serve as a useful tool in shaping their investment decisions.