# EDGAR Filing Document

**Accession Number:** 0000891160
**File Stem:** 0000910472-26-003214
**Filing Date:** 2026-2
**Character Count:** 14102
**Document Hash:** d072d4b1ca19fb21e60f303d26a10761
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003214.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003214

**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:** 26693608

**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:** 2025-12-31

**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:** $83863651.78

**Total Liabilities:** $182237.86

**Net Assets:** $83681413.92

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004202 | -2.80%               | 2.03%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-78095.11               | $-2256550.27                               |
| Month 2  | $-1015225.27             | $2568334.71                                |
| Month 3  | $348908.00               | $127318.42                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aptargroup Inc.                     | AptarGroup, Inc.                                                       | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     13660 | NS      | $1665973.60   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.          | Builders FirstSource, Inc.                                             | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     14000 | NS      | $1440460.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corporation                  | Chemed Corporation                                                     | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      1750 | NS      | $748755.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                       | Chevron Corporation                                                    | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26000 | NS      | $3962660.00   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                      | ConocoPhillips                                                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      7800 | NS      | $730158.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc             | DigitalBridge Group, Inc.                                              | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    284301 | NS      | $4361177.34   | 5.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco Nevada Corp                  | Franco-Nevada Corporation                                              | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     22700 | NS      | $4705256.00   | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                    | Genuine Parts Company                                                  | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     16750 | NS      | $2059580.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                    | Haemonetics Corporation                                                | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     15000 | NS      | $1202250.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc       | Intercontinental Exchange, Inc.                                        | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     18000 | NS      | $2915280.00   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| LandBridge Company LLC              | Landbridge Company, LLC                                                | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111059 | NS      | $5440780.41   | 6.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corporation                   | Masco Corporation                                                      | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     25000 | NS      | $1586500.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated             | Mastercard, Inc. Class A                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3750 | NS      | $2140800.00   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust      | Federated Treasury Obligations Fund Institutional Shares               | CUSIP: 60934N500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    620055 | PA      | $620054.71    | 0.74%             |  |  |  | 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        |   4236440 | PA      | $4236440.38   | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                        | Moody's Corporation                                                    | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      3000 | NS      | $1532550.00   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.          | Occidental Petroleum Corporation                                       | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     35500 | NS      | $1459760.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp.           | Pan American Silver Corporation                                        | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |     50000 | NS      | $2590500.00   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Basin Rlty                  | Permian Basin Royalty Trust                                            | CUSIP: 714236106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133478 | NS      | $2266456.44   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| St. Joe Co.                         | St Joe Company (The)                                                   | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     42600 | NS      | $2529162.00   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                            | Schlumberger N.V.                                                      | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     63300 | NS      | $2429454.00   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                 | Shift4 Payments, Inc.                                                  | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21750 | NS      | $1369597.50   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith(Ao)Corp                       | A O Smith Corporation                                                  | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     17400 | NS      | $1163712.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation      | Texas Pacific Land Corporation                                         | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51600 | NS      | $14820552.00  | 17.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Waterbridge Infrastructure LLC      | WaterBridge Infrastructure, LLC                                        | CUSIP: 940923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    273148 | NS      | $5465691.48   | 6.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                          | Watsco, Inc.                                                           | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      4785 | NS      | $1612305.75   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corporation | Wheaton Precious Metals Corporation                                    | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     40000 | NS      | $4700800.00   | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Xpel Inc.                           | XPEL, Inc.                                                             | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |     62884 | NS      | $3138540.44   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                         | Zoetis, Inc.                                                           | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      7000 | NS      | $880740.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Daniel D. Bauer

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

**Title:** VP, Fund Accounting