Instuitional Investor - Scharf Investments, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Advisors Ser Tr - SCHARF ETF		4,419,958	$238,942,916	7.89%
2.	Occidental Petroleum Corp	OXY	3,187,747	$154,829,078	5.11%
3.	Union Pacific Corp	UNP	542,136	$147,463,790	4.87%
4.	Advisors Ser Tr - SCHARF GLOBAL		3,036,088	$131,050,008	4.33%
5.	Markel Group Inc.	MKL	60,564	$118,304,948	3.91%