# EDGAR Filing Document

**Accession Number:** 0000891160
**File Stem:** 0001752724-25-203745
**Filing Date:** 2025-8
**Character Count:** 13749
**Document Hash:** 82dee19894d5ae786c5765a063018427
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203745.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203745

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWARTZ INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000891160

**ORGANIZATION NAME:**
- **EIN:** 316456713
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07148
- **FILM NUMBER:** 251253480

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** C/O ULTIMUS FUND SOLUTIONS, LLC
- **STREET 2:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Ave Maria Value Focused Fund (Series ID: S000001548)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000004202 | Ave Maria Value Focused Fund | AVERX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Schwartz Investment Trust

- **b. Investment Company Act file number:** 811-07148

- **c. CIK number of Registrant:** 0000891160

- **d. LEI of Registrant:** 549300TMUIREL25T6R98

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 801 West Ann Arbor Trail

  - **City:** Plymouth

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48170

  - **Telephone number:** 248-644-8500

**Item A.2. Information about the Series.**

- **a. Name of Series:** AVE MARIA VALUE FOCUSED FUND

- **b. EDGAR series identifier (if any):** S000001548

- **c. LEI of Series:** 549300S5P0KT72V4JU39

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $93252997.85

**Total Liabilities:** $204624.63

**Net Assets:** $93048373.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004202 | -2.93%               | 0.13%                | -0.81%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-2380511.46                               |
| Month 2  | $-495039.19              | $231248.17                                 |
| Month 3  | $-351923.94              | $-490446.24                                |

### Schedule of Portfolio Investments

| Name                                | Title                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| St. Joe Co.                         | St Joe Company (The)                                                   | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     67600 | NS      | $3224520.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corporation                   | Masco Corporation                                                      | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     60000 | NS      | $3861600.00   | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| The Western Union Company           | Western Union Company (The)                                            | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     25000 | NS      | $210500.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith(Ao)Corp                       | A.O. Smith Corporation                                                 | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     55400 | NS      | $3632578.00   | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust      | Federated Government Obligations Tax-Managed Fund Institutional Shares | CUSIP: 60934N856<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   5003782 | PA      | $5003782.41   | 5.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                   | Yeti Holdings, Inc.                                                    | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     10000 | NS      | $315200.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                            | CDW Corporation                                                        | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     12000 | NS      | $2143080.00   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust      | FEDERATED U.S. TREASURY CASH RESERVES FUND INSTITUTIONAL SHARES        | CUSIP: 60934N682<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    302006 | PA      | $302006.37    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LandBridge Company LLC              | Landbridge Company, LLC                                                | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85559 | NS      | $5782077.22   | 6.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corporation                  | Chemed Corporation                                                     | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      7250 | NS      | $3530242.50   | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Xpel Inc.                           | XPEL, Inc.                                                             | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |     87884 | NS      | $3155035.60   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc             | DigitalBridge Group, Inc.                                              | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    245000 | NS      | $2535750.00   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco Nevada Corp                  | FRANCO-NEVADA CORPORATION                                              | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     22700 | NS      | $3720984.00   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp.           | Pan American Silver Corporation                                        | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |     58000 | NS      | $1647200.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                | Schlumberger Ltd.                                                      | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     98300 | NS      | $3322540.00   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                      | ConocoPhillips                                                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     37800 | NS      | $3392172.00   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation      | Texas Pacific Land Corporation                                         | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15100 | NS      | $15951489.00  | 17.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Permian Basin Rlty                  | PERMIAN BASIN ROYALTY TRUST                                            | CUSIP: 714236106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148735 | NS      | $1853238.10   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                       | Chevron Corporation                                                    | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26000 | NS      | $3722940.00   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated             | Mastercard, Inc. Class A                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3750 | NS      | $2107275.00   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.          | Occidental Petroleum Corporation                                       | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     68000 | NS      | $2856680.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                        | Moody's Corporation                                                    | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      3000 | NS      | $1504770.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                    | Genuine Parts Company                                                  | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     26750 | NS      | $3245042.50   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust      | Federated Treasury Obligations Fund Institutional Shares               | CUSIP: 60934N500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |   4671690 | PA      | $4671690.38   | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc       | Intercontinental Exchange, Inc.                                        | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     14000 | NS      | $2568580.00   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Company           | Simply Good Foods Company (The)                                        | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80470 | NS      | $2542047.30   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corporation | Wheaton Precious Metals Corporation                                    | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | BR        |     40000 | NS      | $3592000.00   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                    | Haemonetics Corporation                                                | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     36500 | NS      | $2723265.00   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Schwartz Value Focused Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** VP, Fund Accounting