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, 2000
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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: 28-03929
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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 5/15/2000
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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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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: $ 193,603
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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
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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 8,341,601 76,179 76,179 Scharf Investments 76,179
BERKSHIRE HATHAWAY A COM 084670108 1,029,600 18 18 Scharf Investments 18
BERKSHIRE HATHAWAY CL B COM 084670207 3,212,300 1,765 1,765 Scharf Investments 1,765
CANADIAN NAT'L RAILWAY COM 136375102 7,821,600 293,081 293,081 Scharf Investments 293,081
CANADIAN PACIFIC COM 135923100 5,544,145 247,783 247,783 Scharf Investments 247,783
DONNELLEY (RR) & SONS COM 257867101 6,338,200 302,720 302,720 Scharf Investments 302,720
EASTMAN KODAK COM 277461109 1,526,453 28,105 28,105 Scharf Investments 28,105
FANNIE MAE COM 313586109 6,575,617 116,254 116,254 Scharf Investments 116,254
FIRST DATA CORP. COM 319963104 8,785,718 197,988 197,988 Scharf Investments 197,988
FREDDIE MAC COM 313400301 5,583,400 126,357 126,357 Scharf Investments 126,357
GANNETT COM 364730101 5,030,475 71,481 71,481 Scharf Investments 71,481
GENERAL AMER 7.2% PREF. PREF 368802302 381,181 17,180 17,180 Scharf Investments 17,180
GENUINE PARTS COM 372460105 4,067,990 170,387 170,387 Scharf Investments 170,387
INTEL CORP. COM 458140100 15,106,448 114,497 114,497 Scharf Investments 114,497
INT'L BUSINESS MACHINES COM 459200101 12,186,727 103,059 103,059 Scharf Investments 103,059
JOHNSON CONTROLS COM 478366107 1,566,461 28,975 28,975 Scharf Investments 28,975
KNIGHT RIDDER COM 499040103 3,790,450 73,960 73,960 Scharf Investments 73,960
LEAR CORP. COM 521865105 6,400,829 227,585 227,585 Scharf Investments 227,585
LENNAR 0% CV LYON 7/29/18 CV. BOND 526057AA2 625,813 1,615,000 1,615,000 Scharf Investments 1,615,000
LONGS DRUG STORES COM 543162101 7,096,749 311,945 311,945 Scharf Investments 311,945
MASCO COM 574599106 7,293,511 355,781 355,781 Scharf Investments 355,781
MEDIA ONE COM 58440J104 3,667,275 45,275 45,275 Scharf Investments 45,275
MERCK COM 589331107 711,828 11,458 11,458 Scharf Investments 11,458
MERRILL LYNCH COM 590188108 701,925 6,685 6,685 Scharf Investments 6,685
MICROSOFT COM 594918104 7,057,019 66,419 66,419 Scharf Investments 66,419
MORGAN STANLEY/DN WITTER COM 617446448 8,493,610 102,487 102,487 Scharf Investments 102,487
NATIONAL DATA CV 5% 2003 CV. BOND 635621AA3 756,500 890,000 890,000 Scharf Investments 890,000
NATIONS BALANCED FUND COM 63857K107 527,893 62,105 62,105 Scharf Investments 62,105
NEW PLAN EXCEL REALTY COM 648059103 5,359,037 389,748 389,748 Scharf Investments 389,748
NEWELL RUBBERMAID COM 651229106 3,269,916 131,785 131,785 Scharf Investments 131,785
NORDSTROM COM 655664100 1,819,737 61,686 61,686 Scharf Investments 61,686
NUVEEN CA MUNI VALUE FUND COM 67062C107 252,228 28,420 28,420 Scharf Investments 28,420
PFIZER COM 717081103 3,251,064 88,918 88,918 Scharf Investments 88,918
RYLAND GROUP COM 783764103 7,102,688 378,810 378,810 Scharf Investments 378,810
SALOMON NIKKEI CV BOND MITTS 79549B628 611,243 58,915 58,915 Scharf Investments 58,915
SHERWIN-WILLIAMS COM 824348106 2,239,935 101,240 101,240 Scharf Investments 101,240
SNAP ON COM 833034101 6,567,040 250,770 250,770 Scharf Investments 250,770
STRYKER CORP. COM 863667101 1,930,331 27,675 27,675 Scharf Investments 27,675
TORCHMARK COM 891027104 1,484,972 64,215 64,215 Scharf Investments 64,215
TRICON GL RESTAURANTS COM 895953107 5,204,988 167,565 167,565 Scharf Investments 167,565
WAL-MART STORES COM 931142103 8,947,340 158,360 158,360 Scharf Investments 158,360
WASHINGTON MUTUAL COM 939322103 5,341,340 201,560 201,560 Scharf Investments 201,560
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