# EDGAR Filing Document

**Accession Number:** 0000891160
**File Stem:** 0001752724-25-203751
**Filing Date:** 2025-8
**Character Count:** 9466
**Document Hash:** 6346998c6a7a4f4b6a66b105a0386f8d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203751.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203751

**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:** 251253486

**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 Growth Focused Fund (Series ID: S000068495)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000219050 | Ave Maria Growth Focused Fund | AVEAX           |

## 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 GROWTH FOCUSED FUND

- **b. EDGAR series identifier (if any):** S000068495

- **c. LEI of Series:** 549300J1VAEWTC14FI12

**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:** $67604665.64

**Total Liabilities:** $281616.53

**Net Assets:** $67323049.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219050 | 1.09%                | 10.14%               | 3.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6934734.25             | $7653274.93                                |
| Month 2  | $136518.99               | $5815096.27                                |
| Month 3  | $74811.25                | $2234560.96                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Secure Waste Infrastructure Corp. | Secure Waste Infrastructure Company                                    | CUSIP: 813921103<br>LEI: 549300EZKELHYBQO9X11 | Long             | EC               | CORP              | CA        |    314511 | NS      | $3596166.78   | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                    | API Group Corporation                                                  | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    288209 | NS      | $14713069.45  | 21.85%            |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp.                  | Brookfield Corporation                                                 | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     84720 | NS      | $5239932.00   | 7.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Edreams Odigeo SA                 | eDreams ODIGEO S.A.                                                    | CUSIP: L2841H108<br>LEI: 959800Y8LQ5MR2YZ4N96 | Long             | EC               | CORP              | LU        |   1313620 | NS      | $12033282.29  | 17.87%            |  |  |  | No            |                  2 | On Loan: No      |
| Chemed Corporation                | Chemed Corporation                                                     | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      5284 | NS      | $2572938.12   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Wealth Solutions Ltd   | Brookfield Wealth Solutions, Ltd. Ltd.                                 | CUSIP: G17434104<br>LEI: 9845004583U3B8E06924 | Long             | EC               | CORP              | CA        |     84720 | NS      | $5234001.60   | 7.77%             |  |  |  | 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        |     63379 | PA      | $63378.84     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirata PLC                        | Cirata PLC                                                             | CUSIP: G9381R103<br>LEI: 213800Y1A75RSC698O04 | Long             | EC               | CORP              | US        |    352700 | NS      | $144025.38    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc           | DigitalBridge Group, Inc.                                              | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    256527 | NS      | $2655054.45   | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sigmaroc Plc                      | Sigmaroc PLC                                                           | CUSIP: G81267109<br>LEI: 213800Q3CJUERBGD1E44 | Long             | EC               | CORP              | US        |   3070477 | NS      | $4537384.81   | 6.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Hermes International              | Hermes International                                                   | CUSIP: F48051100<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |       508 | NS      | $1377334.74   | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA Corp.                      | NVIDIA Corporation                                                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     14865 | NS      | $2348521.35   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL Environmental Inc.            | GFL Environmental Inc.                                                 | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |    103422 | NS      | $5218674.12   | 7.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc      | Apollo Global Management, Inc.                                         | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     22281 | NS      | $3161005.47   | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation    | Texas Pacific Land Corporation                                         | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       953 | NS      | $1006739.67   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LandBridge Company LLC            | Landbridge Company, LLC                                                | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54214 | NS      | $3663782.12   | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Ave Maria Focused Fund

**Signature:** Daniel D. Bauer

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

**Title:** VP, Fund Accounting