# EDGAR Filing Document

**Accession Number:** 0000891160
**File Stem:** 0000910472-26-003219
**Filing Date:** 2026-2
**Character Count:** 16158
**Document Hash:** b25ee22006019667247b928b3155e5c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003219.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003219

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**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:** 26693613

**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 Fund (Series ID: S000001550)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000004204 | Ave Maria Growth Fund | AVEGX           |

## 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 FUND

- **b. EDGAR series identifier (if any):** S000001550

- **c. LEI of Series:** 549300JZSQX05BGWFV18

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $1105858630.26

**Total Liabilities:** $2271628.57

**Net Assets:** $1103587001.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004204 | -1.21%               | 0.61%                | 0.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $14722209.28             | $-28887397.04                              |
| Month 2  | $9420578.43              | $-2536029.70                               |
| Month 3  | $0.00                    | $5310329.59                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| API Group Corp                               | API Group Corporation                                                  | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |   2442500 | NS      | $93450050.00  | 8.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TIC Solutions Inc.                           | Acuren Corporation                                                     | CUSIP: 00510N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    450000 | NS      | $4549500.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptargroup Inc.                              | AptarGroup, Inc.                                                       | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |    270000 | NS      | $32929200.00  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc                  | Atlanta Braves Holdings, Inc.                                          | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    542264 | NS      | $21392314.80  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Inc                                | BlackLine, Inc.                                                        | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |    690000 | NS      | $38150100.00  | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.          | Broadridge Financial Solutions, Inc.                                   | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     97000 | NS      | $21647490.00  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                          | Expand Energy Corporation                                              | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    220000 | NS      | $24279200.00  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                   | Copart, Inc.                                                           | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    540000 | NS      | $21141000.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                 | Entegris, Inc.                                                         | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |    200000 | NS      | $16850000.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Heico Corp                                   | HEICO Corporation Class A                                              | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |    278590 | NS      | $70324473.70  | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc.                          | IQVIA Holdings, Inc.                                                   | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     64000 | NS      | $14426240.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                        | Lowe's Companies, Inc.                                                 | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    131000 | NS      | $31591960.00  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                      | Mastercard, Inc. Class A                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    142000 | NS      | $81064960.00  | 7.35%             |  |  |  | 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        |  28851829 | PA      | $28851828.95  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                 | Moody's Corporation                                                    | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     35000 | NS      | $17879750.00  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA Corporation                                                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    550000 | NS      | $102575000.00 | 9.29%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                     | O'Reilly Automotive, Inc.                                              | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    665000 | NS      | $60654650.00  | 5.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc.                                  | Rambus, Inc.                                                           | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    180337 | NS      | $16571166.93  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                       | Roper Technologies, Inc.                                               | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    106500 | NS      | $47406345.00  | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                               | S&P Global, Inc.                                                       | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     96000 | NS      | $50168640.00  | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                     | SBA Communications Corporation                                         | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    104000 | NS      | $20116720.00  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                          | Shift4 Payments, Inc.                                                  | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    264941 | NS      | $16683334.77  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories, Inc.                   | Silicon Laboratories, Inc.                                             | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |    192790 | NS      | $25197653.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp.              | Silicon Motion Technology Corporation ADR                              | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | TW        |    220000 | NS      | $20394000.00  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                 | Synopsys, Inc.                                                         | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     13596 | NS      | $6386313.12   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Company Ltd. ADR                    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    123000 | NS      | $37378470.00  | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                       | Texas Instruments, Inc.                                                | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    240000 | NS      | $41637600.00  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation               | Texas Pacific Land Corporation                                         | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18000 | NS      | $5169960.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                   | Watsco, Inc.                                                           | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     55000 | NS      | $18532250.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Xpel Inc.                                    | XPEL, Inc.                                                             | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |    505000 | NS      | $25204550.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                  | Zoetis, Inc.                                                           | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    100000 | NS      | $12582000.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | Accenture plc Class A                                                  | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    119000 | NS      | $31927700.00  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                                     | Alcon A.G. 0                                                           | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    225000 | NS      | $17732250.00  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Limited                  | Tower Semiconductor Ltd.                                               | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |    260000 | NS      | $30529200.00  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

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

**Signature:** Daniel D. Bauer

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

**Title:** VP, Fund Accounting