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, 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 01/20/00
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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: 44
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Form 13F Information Table Value Total: $197,302,180
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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 8,419,478 77,868 77,868 Scharf Investments 77,868
AMGEN COM 031162100 19,880,267 330,993 330,993 Scharf Investments 330,993
BERKSHIRE HATHAWAY (1/10) COM 084670108 617,100 11 11 Scharf Investments 11
BERKSHIRE HATHAWAY CL B COM 084670207 3,708,100 2,026 2,026 Scharf Investments 2,026
CANADIAN NAT'L RAILWAY COM 136375102 7,049,636 266,024 266,024 Scharf Investments 266,024
CANADIAN PACIFIC COM 135923100 5,498,933 255,023 255,023 Scharf Investments 255,023
DONNELLEY (RR) & SONS COM 257867101 5,477,359 220,750 220,750 Scharf Investments 220,750
EASTMAN KODAK COM 277461109 2,065,344 31,175 31,175 Scharf Investments 31,175
FANNIE MAE COM 313586109 6,572,046 105,258 105,258 Scharf Investments 105,258
FIRST DATA CORP. COM 319963104 9,694,739 196,598 196,598 Scharf Investments 196,598
FREDDIE MAC COM 313400301 5,836,315 124,012 124,012 Scharf Investments 124,012
GANNETT COM 364730101 6,042,232 74,081 74,081 Scharf Investments 74,081
GENERAL AMER 7.2% PREF. PREF 368802302 280,031 12,875 12,875 Scharf Investments 12,875
GENUINE PARTS COM 372460105 4,303,902 173,457 173,457 Scharf Investments 173,457
INTEL CORP. COM 458140100 10,718,487 130,217 130,217 Scharf Investments 130,217
INT'L BUSINESS MACHINES COM 459200101 11,531,190 106,894 106,894 Scharf Investments 106,894
JOHNSON CONTROLS COM 478366107 1,693,453 29,775 29,775 Scharf Investments 29,775
KNIGHT RIDDER COM 499040103 4,625,326 77,655 77,655 Scharf Investments 77,655
LEAR CORP. COM 521865105 1,540,000 48,125 48,125 Scharf Investments 48,125
LENNAR 0% CV LYON 7/29/18 CV. BOND 526057AA2 567,688 1,465,000 1,465,000 Scharf Investments 1,465,000
LONGS DRUG STORES COM 543162101 970,937 37,615 37,615 Scharf Investments 37,615
MASCO COM 574599106 5,978,934 235,623 235,623 Scharf Investments 235,623
MEDIA ONE COM 58440J104 1,851,565 24,105 24,105 Scharf Investments 24,105
MERCK COM 589331107 853,819 12,708 12,708 Scharf Investments 12,708
MERRILL LYNCH COM 590188108 698,159 8,380 8,380 Scharf Investments 8,380
MICROSOFT COM 594918104 10,726,873 91,879 91,879 Scharf Investments 91,879
MORGAN STANLEY/DN WITTER COM 617446448 12,603,969 88,294 88,294 Scharf Investments 88,294
NATIONAL DATA CV 5% 2003 CV. BOND 635621AA3 768,950 845,000 845,000 Scharf Investments 845,000
NATIONS BALANCED FUND COM 63857K107 459,662 54,885 54,885 Scharf Investments 54,885
NATL ASTRLIA BNK CV UNITS PFD EXCH 632525309 229,288 8,300 8,300 Scharf Investments 8,300
CAP UNITS
NEW PLAN EXCEL REALTY COM 648059103 6,271,446 396,613 396,613 Scharf Investments 396,613
NEWELL RUBBERMAID COM 651229106 1,121,865 38,685 38,685 Scharf Investments 38,685
NORDSTROM COM 655664100 1,334,859 50,731 50,731 Scharf Investments 50,731
NUVEEN CA MUNI VALUE FUND COM 67062c107 198,923 25,260 25,260 Scharf Investments 25,260
PFIZER COM 717081103 2,933,745 90,443 90,443 Scharf Investments 90,443
RYLAND GROUP COM 783764103 893,787 38,755 38,755 Scharf Investments 38,755
SALOMON NIKKEI CV BOND MITTS 79549B628 581,786 58,915 58,915 Scharf Investments 58,915
SHERWIN-WILLIAMS COM 824348106 2,061,885 98,185 98,185 Scharf Investments 98,185
SNAP ON COM 833034101 4,894,008 184,245 184,245 Scharf Investments 184,245
STRYKER CORP. COM 863667101 2,181,003 31,325 31,325 Scharf Investments 31,325
THOMAS AND BETTS COM 884315102 4,157,297 130,425 130,425 Scharf Investments 130,425
TRIBUNE COMPANY COM 896047107 1,065,459 19,350 19,350 Scharf Investments 19,350
WAL-MART STORES COM 931142103 15,548,355 224,931 224,931 Scharf Investments 224,931
WASHINGTON MUTUAL COM 939322103 2,793,983 107,980 107,980 Scharf Investments 107,980
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