0001085146-12-000273.txt : 20120213 0001085146-12-000273.hdr.sgml : 20120213 20120210182734 ACCESSION NUMBER: 0001085146-12-000273 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120213 DATE AS OF CHANGE: 20120210 EFFECTIVENESS DATE: 20120213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHARF INVESTMENTS, LLC CENTRAL INDEX KEY: 0001463746 IRS NUMBER: 263775085 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13511 FILM NUMBER: 12594644 BUSINESS ADDRESS: STREET 1: 5619 SCOTTS VALLEY DRIVE STREET 2: SUITE 140 CITY: SCOTTS VALLEY STATE: CA ZIP: 95066 BUSINESS PHONE: 831-429-6513 MAIL ADDRESS: STREET 1: 5619 SCOTTS VALLEY DRIVE STREET 2: SUITE 140 CITY: SCOTTS VALLEY STATE: CA ZIP: 95066 13F-HR 1 scharf4q2011.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: December 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 February 07, 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: 29 Form 13F Information Table Value Total: $1,013,730 (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 26652 473979 SH SOLE 77118 0 396861 ADVANCE AUTO PARTS INC COM 00751Y106 57964 832460 SH SOLE 129891 0 702569 AFLAC INC COM 001055102 26056 602301 SH SOLE 98600 0 503701 APPLE INC COM 037833100 51658 127550 SH SOLE 20811 0 106739 BARRICK GOLD CORP COM 067901108 47262 1044458 SH SOLE 166557 0 877901 BECTON DICKINSON & CO COM 075887109 39869 533573 SH SOLE 86026 0 447547 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 23203 304104 SH SOLE 49600 0 254504 CANADIAN NATL RY CO COM 136375102 29218 371917 SH SOLE 15346 0 356571 CHEVRON CORP NEW COM 166764100 47971 450854 SH SOLE 69767 0 381087 CVS CAREMARK CORPORATION COM 126650100 51056 1251983 SH SOLE 213815 0 1038168 EXXON MOBIL CORP COM 30231G102 636 7500 SH SOLE 0 0 7500 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 321 7025 SH SOLE 0 0 7025 INTERNATIONAL BUSINESS MACHS COM 459200101 44787 243568 SH SOLE 37604 0 205964 JOHNSON & JOHNSON COM 478160104 20256 308875 SH SOLE 46140 0 262735 KRAFT FOODS INC CL A 50075N104 45628 1221316 SH SOLE 177699 0 1043617 LIFE TECHNOLOGIES CORP COM 53217V109 24490 629412 SH SOLE 103814 0 525598 LOCKHEED MARTIN CORP COM 539830109 48988 605540 SH SOLE 102045 0 503495 LOEWS CORP COM 540424108 38792 1030324 SH SOLE 187457 0 842867 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 551 10722 SH SOLE 2988 0 7734 MCDONALDS CORP COM 580135101 46847 466928 SH SOLE 67923 0 399005 MCKESSON CORP COM 58155Q103 45043 578141 SH SOLE 92697 0 485444 MICROSOFT CORP COM 594918104 51944 2000918 SH SOLE 330704 0 1670214 NOVARTIS A G SPONSORED ADR 66987V109 57219 1000862 SH SOLE 153383 0 847479 ORACLE CORP COM 68389X105 21373 833268 SH SOLE 133538 0 699730 SANOFI SPONSORED ADR 80105N105 30729 840972 SH SOLE 135468 0 705504 SPDR GOLD TRUST GOLD SHS 78463V107 16936 111429 SH SOLE 9778 0 101651 THERMO FISHER SCIENTIFIC INC COM 883556102 24788 551204 SH SOLE 93800 0 457404 TOTAL S A SPONSORED ADR 89151E109 43819 857349 SH SOLE 139228 0 718121 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 49674 1772183 SH SOLE 282247 0 1489936