UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 10/26/99
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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: 42
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Form 13F Information Table Value Total: $179,960,407
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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 7,017,595 80,720 80,720 Scharf Investments 80,720
AMGEN COM 031162100 13,905,938 170,625 170,625 Scharf Investments 170,625
BANK ONE COM 059438101 3,337,962 95,884 95,884 Scharf Investments 95,884
BERKSHIRE HATHAWAY CL A COM 084670108 605,000 11 11 Scharf Investments 11
BERKSHIRE HATHAWAY CL B COM 084670207 3,548,672 1,912 1,912 Scharf Investments 1,912
CANADIAN NAT'L RAILWAY COM 136375102 7,954,697 262,423 262,423 Scharf Investments 262,423
CANADIAN PACIFIC COM 135923100 5,705,680 250,112 250,112 Scharf Investments 250,112
DONNELLEY (RR) & SONS COM 257867101 2,736,628 94,775 94,775 Scharf Investments 94,775
EASTMAN KODAK COM 277461109 1,971,544 26,070 26,070 Scharf Investments 26,070
FANNIE MAE COM 313586109 6,749,438 107,668 107,668 Scharf Investments 107,668
FIRST DATA CORP. COM 319963104 8,425,536 192,035 192,035 Scharf Investments 192,035
FREDDIE MAC COM 313400301 6,172,764 118,707 118,707 Scharf Investments 118,707
GANNETT COM 364730101 5,163,671 74,633 74,633 Scharf Investments 74,633
GENERAL AMER 7.2% PREF. PREF 368802302 245,866 10,165 10,165 Scharf Investments 10,165
GENUINE PARTS COM 372460105 4,208,934 158,454 158,454 Scharf Investments 158,454
GRAINGER (W.W.) COM 384802104 1,504,597 31,305 31,305 Scharf Investments 31,305
INTEL CORP. COM 458140100 9,909,275 133,346 133,346 Scharf Investments 133,346
INT'L BUSINESS MACHINES COM 459200101 13,290,035 109,835 109,835 Scharf Investments 109,835
JOHNSON CONTROLS COM 478366107 1,968,155 29,680 29,680 Scharf Investments 29,680
KNIGHT RIDDER COM 499040103 4,214,650 76,630 76,630 Scharf Investments 76,630
LEAR CORP. COM 521865105 757,587 21,530 21,530 Scharf Investments 21,530
MASCO COM 574599106 6,531,545 210,695 210,695 Scharf Investments 210,695
MEDIA ONE COM 58440J104 1,185,905 17,360 17,360 Scharf Investments 17,360
MERCK COM 589331107 844,377 13,028 13,028 Scharf Investments 13,028
MERRILL LYNCH COM 590188108 777,844 11,545 11,545 Scharf Investments 11,545
MICROSOFT COM 594918104 9,390,335 103,689 103,689 Scharf Investments 103,689
MORGAN STANLEY/DN WITTER COM 617446448 8,099,028 90,809 90,809 Scharf Investments 90,809
NATIONS BALANCED FUND COM 63857K107 416,938 47,650 47,650 Scharf Investments 47,650
NATL ASTRLIA BNK CV UNITS PFD EXCH 632525309 238,163 8,700 8,700 Scharf Investments 8,700
CAP UNITS
NEW PLAN EXCEL REALTY COM 648059103 5,565,124 312,428 312,428 Scharf Investments 312,428
NEWELL RUBBERMAID COM 651229106 857,446 30,020 30,020 Scharf Investments 30,020
NORDSTROM COM 655664100 640,170 23,710 23,710 Scharf Investments 23,710
PFIZER COM 717081103 3,492,611 97,355 97,355 Scharf Investments 97,355
SALOMON NIKKEI CV BOND MITTS 79549B628 1,387,978 141,450 141,450 Scharf Investments 141,450
SHERWIN-WILLIAMS COM 824348106 569,186 27,185 27,185 Scharf Investments 27,185
STRYKER CORP. COM 863667101 1,229,045 24,040 24,040 Scharf Investments 24,040
SYSCO CORP. COM 871829107 7,690,433 219,335 219,335 Scharf Investments 219,335
THOMAS AND BETTS COM 884315102 6,320,430 123,930 123,930 Scharf Investments 123,930
TRIBUNE COMPANY COM 896047107 952,713 19,150 19,150 Scharf Investments 19,150
WAL-MART STORES COM 931142103 11,044,013 232,200 232,200 Scharf Investments 232,200
WASHINGTON MUTUAL COM 939322103 2,671,549 91,335 91,335 Scharf Investments 91,335
XEROX COM 984121103 661,354 15,770 15,770 Scharf Investments 15,770
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