0001085146-11-000592.txt : 20110513 0001085146-11-000592.hdr.sgml : 20110513 20110512205137 ACCESSION NUMBER: 0001085146-11-000592 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110513 DATE AS OF CHANGE: 20110512 EFFECTIVENESS DATE: 20110513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHARF INVESTMENTS, LLC CENTRAL INDEX KEY: 0001463746 IRS NUMBER: 263775085 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13511 FILM NUMBER: 11837528 BUSINESS ADDRESS: STREET 1: 340 SOQUEL AVENUE STREET 2: SUITE 115 CITY: SANTA CRUZ STATE: CA ZIP: 95062 BUSINESS PHONE: 831-429-6513 MAIL ADDRESS: STREET 1: 340 SOQUEL AVENUE STREET 2: SUITE 115 CITY: SANTA CRUZ STATE: CA ZIP: 95062 13F-HR 1 schf1q2011.txt SCHARF INVESTMENTS LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Scharf Investments LLC Address: 5619 Scotts Valley Drive Suite 140 Scotts Valley, CA 95066 13F File Number: 028-13511 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jeffrey R. Scharf Title: Chairman Phone: 831-429-6513 Signature, Place, and Date of Signing: /s/ Jeffrey R. Scharf Scotts Valley, CA May 12, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 25 Form 13F Information Table Value Total: $937,141 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 39777 810949 SH SOLE 135905 0 675044 ADVANCE AUTO PARTS INC COM 00751Y106 51107 778825 SH SOLE 110201 0 668624 AFLAC INC COM 001055102 20581 389945 SH SOLE 57410 0 332535 ALCON INC COM SHS H01301102 23888 144330 SH SOLE 37992 0 106338 BARRICK GOLD CORP COM 067901108 24178 465761 SH SOLE 105385 0 360376 BECTON DICKINSON & CO COM 075887109 38925 488890 SH SOLE 81660 0 407230 CANADIAN NATL RY CO COM 136375102 29149 387258 SH SOLE 12055 0 375203 CHEVRON CORP NEW COM 166764100 48692 452990 SH SOLE 71980 0 381010 CVS CAREMARK CORPORATION COM 126650100 40408 1177385 SH SOLE 201405 0 975980 GOOGLE INC CL A 38259P508 42618 72632 SH SOLE 11392 0 61240 HEWLETT PACKARD CO COM 428236103 36181 883109 SH SOLE 150088 0 733021 INTERNATIONAL BUSINESS MACHS COM 459200101 42308 259443 SH SOLE 41528 0 217915 JOHNSON & JOHNSON COM 478160104 35102 592446 SH SOLE 98036 0 494410 KINDER MORGAN MANAGEMENT LLC SHS 49455U100 40998 625066 SH SOLE 46664 0 578402 KRAFT FOODS INC CL A 50075N104 40136 1279849 SH SOLE 215838 0 1064011 LOEWS CORP COM 540424108 46454 1078065 SH SOLE 161034 0 917031 MCDONALDS CORP COM 580135101 44302 582231 SH SOLE 91833 0 490398 MCKESSON CORP COM 58155Q103 44819 566973 SH SOLE 90008 0 476965 MICROSOFT CORP COM 594918104 45749 1801838 SH SOLE 285835 0 1516003 NOVARTIS A G SPONSORED ADR 66987V109 44247 814111 SH SOLE 137053 0 677058 QUALCOMM INC COM 747525103 263 4800 SH SOLE 0 0 4800 SPDR GOLD TRUST GOLD SHS 78463V107 40280 287999 SH SOLE 22568 0 265431 THERMO FISHER SCIENTIFIC INC COM 883556102 23473 422561 SH SOLE 69957 0 352604 TOTAL S A SPONSORED ADR 89151E109 46861 768591 SH SOLE 124328 0 644263 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 46645 1622432 SH SOLE 252334 0 1370098