UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: Scharf Investments
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Address: 641 Escalona Drive
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Santa Cruz, California 95060
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Form 13F File Number: 28-
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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
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Title: President
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Phone: 831-429-6513
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Signature, Place, and Date of Signing:
/s/ Jeffrey R. Scharf Santa Cruz, California 8/3/99
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[Signature] [City, State] [Date]
Report type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager (s).)
[ ] 13F COMBINATION REPORT. (Check here is a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
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28-
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28-
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<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 37
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Form 13F Information Table Value Total: $179,127,673
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
<PAGE>
Form 13F INFORMATIONAL TABLE
<TABLE>
<CAPTION>
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
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NAME OF ISSUER TITLE OF CLASS CUSIP FAIR SHARES OR INVESTMENT MANAGERS VOTING AUTHORITY
NUMBER MARKET PRINCIPAL DISCRETION ----- ------ -------
VALUE AMOUNT ------- ----- ------ (A) (B) (C)
(A) (B) (C) SOLE SHARED NONE
SHARED
SOLE SHARED OTHER
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<S> <C> <C> <C> <C> <C> <C> <C>
AMERICAN INT'L GROUP COM 026874107 7,785,758 66,403 66,403 Scharf Investments 66,403
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AMGEN COM 031162100 10,650,690 174,960 174,960 Scharf Investments 174,960
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BANK ONE COM 059438101 5,470,399 91,843 91,843 Scharf Investments 91,843
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BERKSHIRE HATHAWAY CL A COM 084670108 757,900 11 11 Scharf Investments 11
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BERKSHIRE HATHAWAY CL B COM 084670207 4,314,240 1,926 1,926 Scharf Investments 1,926
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CANADIAN NAT'L RAILWAY COM 136375102 8,525,013 127,239 127,239 Scharf Investments 127,239
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CANADIAN PACIFIC COM 135923100 5,563,362 233,632 233,632 Scharf Investments 233,632
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DONNELLEY (RR) & SONS COM 257867101 2,974,822 80,265 80,265 Scharf Investments 80,265
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EASTMAN KODAK COM 277461109 1,644,293 24,270 24,270 Scharf Investments 24,270
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FANNIE MAE COM 313586109 7,263,370 106,423 106,423 Scharf Investments 106,423
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FIRST DATA CORP. COM 319963104 9,572,175 195,600 195,600 Scharf Investments 195,600
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FREDDIE MAC COM 313400301 6,360,338 109,661 109,661 Scharf Investments 109,661
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GANNETT COM 364730101 5,349,100 74,944 74,944 Scharf Investments 74,944
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GENUINE PARTS COM 372460105 5,183,815 148,109 148,109 Scharf Investments 148,109
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GRAINGER (W.W.) COM 384802104 1,381,636 25,675 25,675 Scharf Investments 25,675
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INTEL CORP. COM 458140100 7,886,130 132,540 132,540 Scharf Investments 132,540
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INT'L BUSINESS MACHINES COM 459200101 14,440,456 111,725 111,725 Scharf Investments 111,725
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JOHNSON CONTROLS COM 478366107 2,101,555 30,320 30,320 Scharf Investments 30,320
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KNIGHT RIDDER COM 499040103 3,873,096 70,340 70,340 Scharf Investments 70,340
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LEAR CORP. COM 521865105 749,733 15,070 15,070 Scharf Investments 15,070
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MASCO COM 574599106 6,136,515 212,520 212,520 Scharf Investments 212,520
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MERCK COM 589331107 867,155 11,778 11,778 Scharf Investments 11,778
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MERRILL LYNCH COM 590188108 608,970 7,660 7,660 Scharf Investments 7,660
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MICROSOFT COM 594918104 9,732,584 107,915 107,915 Scharf Investments 107,915
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MORGAN STANLEY/DN WITTER COM 617446448 9,385,467 91,454 91,454 Scharf Investments 91,454
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NATIONS BALANCED FUND COM 63857K107 428,850 47,650 47,650 Scharf Investments 47,650
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NATL ASTRLIA BNK CV UNITS PFD EXCH 632525309 264,263 8,700 8,700 Scharf Investments 8,700
CAP UNITS
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NEW PLAN EXCEL REALTY COM 648059103 5,259,114 292,173 292,173 Scharf Investments 292,173
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NEWELL RUBBERMAID COM 651229106 833,823 17,980 17,980 Scharf Investments 17,980
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PFIZER COM 717081103 3,540,320 97,440 88,670 Scharf Investments 88,670
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SALOMON NIKKEI CV BOND MITTS 79549B628 1,762,635 167,870 167,870 Scharf Investments 167,870
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STRYKER CORP. COM 863667101 1,360,629 22,630 22,630 Scharf Investments 22,630
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SYSCO CORP. COM 871829107 6,608,090 221,655 221,655 Scharf Investments 221,655
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THOMAS AND BETTS COM 884315102 5,807,261 122,905 122,905 Scharf Investments 122,905
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TRIBUNE COMPANY COM 896047107 887,804 10,190 10,190 Scharf Investments 10,190
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WAL-MART STORES COM 931142103 11,271,200 233,600 233,600 Scharf Investments 233,600
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WASHINGTON MUTUAL COM 939322103 2,525,115 71,005 71,005 Scharf Investments 71,005
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