SCHARF INVESTMENTS, LLC purchases 2

SCHARF INVESTMENTS, LLC recently filed its 13F report for the third quarter of 2022, which ended on 2022-09-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

Scharf Investments, LLC is an investment management company based in Scotts Valley, California. The company was established in 1983 and has grown since its inception to today have 19 employees of which 8 are investment professionals. The company is employee-owned, with Brian A. Krawez holding majority control of the company, and the remaining ownership is divided among Jeffery R. Scharf and other key executives. Scharf Investments conducts its research in-house, using fundamental methodology to make its investment decisions. The company invests in the value stocks of companies of all market capitalizations in the public equity and fixed income markets in the United States. The company compares its equity portfolios to the S&P 500 Index and its balanced portfolios to the Lipper Balanced Fund Average. Scharf Investments invests the most in the information technology sector, which alone accounts for more than a third of its total asset allocations, and also invests in the consumer discretionary, healthcare, finance, energy, consumer staples, utilities and telecommunications, among others. sectors to a lesser extent, in descending order of allocation. The company’s top 10 holdings make up about half of its total holdings and the company has a relatively low turnover rate of 7.8%. Scharf Investments holds over $4 billion in assets under management across more than 2,300 accounts, all of which are discretionary except for 2 which account for $120 million of its assets under management. The company’s total number of accounts and total assets under management have grown in recent years, with its total assets under management growing significantly from less than half a billion to more than 8 times that amount today. Scharf Investments mainly targets wealthy individuals, who alone represent more than three quarters of its clientele. The company currently offers its Scharf mutual funds, Scharf Balanced Opportunity and Scharf Global Opportunity.

According to the latest 13F report, the guru’s stock portfolio contained 50 stocks valued at a total of $2.65 billion. Top holdings were MCK (8.41%), BRK.B (7.65%) and CVS (6.51%).

According to data from GuruFocus, these were SCHARF INVESTMENTS, LLC’s top five deals of the quarter.

Masco Corp.

The guru sold his investment of 1,512,755 shares in NYSE:MAS. Previously, the stock had a weighting of 2.61% in the equity portfolio. The shares traded at an average price of $52.05 during the quarter.

On 10/25/2022, Masco Corp traded at a price of $48.05 per share and a market capitalization of $10.80 billion. The stock has returned -20.37% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Masco Corp has a price/earnings ratio of 13.36, a price/earnings/growth (PEG) ratio of 1.94, an EV/EBITDA ratio of 10.28 and a price/sales ratio of 1. ,31.

The GF price/value ratio is 0.61, giving the stock a GF value rank of 10.

Liberty Broadband Corp.

SCHARF INVESTMENTS, LLC reduced its investment in NAS: LBRDK by 576,859 shares. The transaction had an impact of 2.27% on the equity portfolio. During the quarter, the stock traded at an average price of $106.38.

On 10/25/2022, Liberty Broadband Corp traded at a price of $77.9375 per share and a market capitalization of $11.85 billion. The stock has returned -56.26% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, Liberty Broadband Corp has a price/earnings ratio of 9.59, a price/book ratio of 1.34, an EV/Ebitda ratio of 7.39 and a price/sales ratio of 13.62.

The GF price/value ratio is 0.01, giving the security a GF value rank of 2.

Reservation Holdings Inc

During the quarter, SCHARF INVESTMENTS, LLC purchased 33,872 shares of NAS:BKNG for a total holding of 46,705. The transaction had a 2.1% impact on the equity portfolio. During the quarter, the stock traded at an average price of $1,878.43.

On 10/25/2022, Booking Holdings Inc traded at a price of $1806.13 per share and a market capitalization of $71.92 billion. The stock has returned -24.93% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, Booking Holdings Inc has a price-to-earnings ratio of 48.29, a price-to-book ratio of 18.17, an EV-to-Ebitda ratio of 23.58, and a price-to-sales ratio of 5.08.

The GF price/value ratio is 0.61, giving the stock a GF value rank of 10.

Smith & Nephew PLC

The guru established a new position worth 2,066,956 shares in NYSE:SNN, giving the stock a 1.81% weighting in the equity portfolio. The shares traded at an average price of $25.63 during the quarter.

On 10/25/2022, Smith & Nephew PLC traded at a price of $23.24 per share and a market capitalization of $9.97 billion. The stock has returned -32.83% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, Smith & Nephew PLC has a price/earnings ratio of 23.06, a price/book ratio of 2.01, an EV/EBITDA ratio of 11.32 and a price/sales ratio of 2.17 .

The GF price/value ratio is 0.55, giving the stock a GF value rank of 8.

Microsoft Corp.

SCHARF INVESTMENTS, LLC reduced its investment in NAS:MSFT by 165,206 shares. The transaction had an impact of 1.45% on the equity portfolio. During the quarter, the stock traded at an average price of $264.05.

On 10/25/2022, Microsoft Corp traded at a price of $245.91 per share and a market capitalization of $1,843.96 billion. The stock has returned -19.22% over the past year.

GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.

In terms of valuation, Microsoft Corp has a price/earnings ratio of 25.65, a price/book ratio of 11.08, a price/earnings/growth (PEG) ratio of 1.25, an EV/Ebitda ratio of 17.96 and a price-to-sales ratio of 9.40.

The GF price/value ratio is 0.79, giving the stock a GF value rank of 7.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

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