0001162044-20-000353.txt : 20200529 0001162044-20-000353.hdr.sgml : 20200529 20200529104811 ACCESSION NUMBER: 0001162044-20-000353 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200529 PERIOD START: 20200630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAFIRST QUANTITATIVE FUNDS CENTRAL INDEX KEY: 0001539996 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22669 FILM NUMBER: 20924775 BUSINESS ADDRESS: STREET 1: 300 HARDING BOULEVARD STREET 2: SUITE 215 CITY: ROSEVILLE STATE: CA ZIP: 95678 BUSINESS PHONE: 916-757-6862 MAIL ADDRESS: STREET 1: 300 HARDING BOULEVARD STREET 2: SUITE 215 CITY: ROSEVILLE STATE: CA ZIP: 95678 0001539996 S000036986 AmericaFirst Defensive Growth Fund C000113162 AmericaFirst Defensive Growth Fund Class A DGQAX C000113163 AmericaFirst Defensive Growth Fund Class U DGQUX C000113164 AmericaFirst Defensive Growth Fund Class I DGQIX NPORT-P 1 primary_doc.xml NPORT-P false 0001539996 XXXXXXXX S000036986 C000113162 C000113163 C000113164 AMERICAFIRST QUANTITATIVE FUNDS 811-22669 0001539996 549300KFIJ1ZWDPJB360 300 Harding Blvd. Suite 215 Roseville 95678 916-787-9940 AmericaFirst Defensive Growth Fund S000036986 549300S3G3X5IG45FY40 2020-06-30 2020-03-31 N 4012840.03 31489.72 3981350.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N At&T Inc. 549300Z40J86GGSTL398 AT&T Inc. 00206R102 5347.00 NS USD 155865.05 3.91 Long EC CORP US N 1 N N N AES Corp. 2NUNNB7D43COUIRE5295 AES Corp. 00130H105 11508.00 NS USD 156508.80 3.93 Long EC CORP US N 1 N N N Black Hills Corporation 3MGELCRSTNSAMJ962671 Black Hills Corp. 092113109 2659.00 NS USD 170255.77 4.28 Long EC CORP US N 1 N N N Chemed Corporation 54930020031IDJT2IM79 Chemed Corp. 16359R103 443.00 NS USD 191907.60 4.82 Long EC CORP US N 1 N N N Conmed Corporation Z6C0YCECH9DCU5ZIQW84 Conmed Corp. 207410101 2100.00 NS USD 120267.00 3.02 Long EC CORP US N 1 N N N DTE Energy Company 549300IX8SD6XXD71I78 DTE Energy Co. 233331107 1733.00 NS USD 164583.01 4.13 Long EC CORP US N 1 N N N Eli Lilly And Company FRDRIPF3EKNDJ2CQJL29 Eli Lilly & Co. 532457108 1471.00 NS USD 204057.12 5.13 Long EC CORP US N 1 N N N Glaukos Corporation 5299004JA1LHE21M6T14 Glaukos Corp. 377322102 4628.00 NS USD 142820.08 3.59 Long EC CORP US N 1 N N N Hca Healthcare Inc. 529900PH4ZGUH2MNEU89 HCA Healthcare Inc. 40412C101 1529.00 NS USD 137380.65 3.45 Long EC CORP US N 1 N N N The Hershey Company 21X2CX66SU2BR6QTAD08 Hershey Co. 427866108 1304.00 NS USD 172780.00 4.34 Long EC CORP US N 1 N N N Kimberly-Clark Corporation MP3J6QPYPGN75NVW2S34 Kimberly Clark Corp. 494368103 1417.00 NS USD 181191.79 4.55 Long EC CORP US N 1 N N N Masimo Corporation 549300Q4A8JK0PIYCU29 Masimo Corp. 574795100 1111.00 NS USD 196780.32 4.94 Long EC CORP US N 1 N N N Medpace Holdings Inc. 549300H8TYEUVTW14A54 Medpace Holdings Inc. 58506Q109 2138.00 NS USD 156886.44 3.94 Long EC CORP US N 1 N N N Novartis Inc. 5493007HIVTX6SY6XD66 Novartis AG 66987V109 2276.00 NS USD 187656.20 4.71 Long EC CORP CH N 1 N N N Novocure Ltd 213800YPP55UMHWA4826 NovoCure Ltd. G6674U108 2699.00 NS USD 181750.66 4.56 Long EC CORP JE N 1 N N N Performance Food Group Company 549300EUK8GR9IT1YK57 Performance Food Group Co. 71377A103 4941.00 NS USD 122141.52 3.07 Long EC CORP US N 1 N N N Us Foods Holding Corp. 549300UGOZSO64CFPR97 US Foods Holding Corp. 912008109 5956.00 NS USD 105480.76 2.65 Long EC CORP US N 1 N N N Unilever N.V. 549300TK7G7NZTVM1Z30 Unilever N.V. 904784709 3620.00 NS USD 176619.80 4.44 Long EC CORP NL N 1 N N N Veon Ltd. 5493008CA3NMHYEVT131 Veon Ltd. 91822M106 102861.00 NS USD 155320.11 3.90 Long EC CORP BM N 1 N N N iShares Trust 549300M7WVLJWAVPDO86 iShares 7-10 Year Treasury Bond ETF 464287440 7215.00 NS USD 876478.20 22.01 Long EC RF US N 1 N N N 2020-03-31 AmericaFirst Quantitative Funds /s/ Rick Gonsalves Rick Gonsalves Trustee and President XXXX NPORT-EX 2 defensivenportex2020mar.htm Schedule of Investments




Schedule of Investments

March 31, 2020 (unaudited)

AmericaFirst Defensive Fund

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares or Principal

 

 

Security Description

 

 

Amount ($)

 

Fair Value ($)(1)

 

 

 

 

 

 

Common Stocks - 77.37%

 

 

 

 

Cogeneration Services & Small Power Producers - 3.93%

 

 

 

Aes Corp. (2)

11,508

 

156,509

 

 

 

 

Converted Paper & Paperboard Prods (No Containers/Boxes) - 4.55%

 

 

 

Kimberly Clark Corp.

1,417

 

181,192

 

 

 

 

Electric Services - 8.41%

 

 

 

Black Hills Corp. (2)

2,659

 

170,256

DTE Energy Co.

1,733

 

164,583

 

 

 

 

 

 

 

334,839

 

 

 

 

Electromedical & Electrotherapeutic Apparatus - 7.96%

 

 

 

Conmed Corp.

2,100

 

120,267

Masimo Corp. (2)

1,111

 

196,780

 

 

 

 

 

 

 

317,047

 

 

 

 

Pharmaceutical Preparations - 9.84%

 

 

 

Eli Lilly & Co. (2)

14,711

 

204,057

Novartis AG

2,276

 

187,656

 

 

 

 

 

 

 

391,713

 

 

 

 

Radio Telephone Communications - 3.90%

 

 

 

VEON, Ltd. (2)

102,861

 

155,320

 

 

 

 

Serivces-Commercial Physical  & Biological Research - 3.94%

 

 

 

Medpace Holdings, Inc.

2,138

 

156,886

 

 

 

 

Services-General Medical & Surgical Hospitals, Nec - 3.45%

 

 

 

HCA Healthcare, Inc.

1,529

 

137,381

 

 

 

 

Services-Home Health Care Services - 4.82%

 

 

 

Chemed Corp.

443

 

191,907

 

 

 

 

Soap, Detergent, Cleaning Preparations, Perfumes, Cosmetics - 4.44%

 

 

 

Unilever N.V.

3,620

 

176,620

 

 

 

 

Sugar & Confectionery Products - 4.34%

 

 

 

Hershey Co. (2)

1,304

 

172,780

 

 

 

 

Surgical & Medical Instruments & Apparatus - 8.15%

 

 

 

Glaukos Corp. (2)

4,628

 

142,820

NovoCure, Ltd. (2)

2,699

 

181,751

 

 

 

 

 

 

 

324,571

 

 

 

 

Telephone Communications (No Radio Telephone) - 3.91%

 

 

 

AT&T, Inc. (2)

5,347

 

155,865

 

 

 

 

Wholesale-Groceries & General Line - 3.07%

 

 

 

Performance Food Group Co. (2)

4,941

 

122,142

 

 

 

 

Wholesale-Groceries & Related Products - 2.65%

 

 

 

US Foods Holding Corp. (2)

5,956

 

105,481

 

 

 

 

 

 

 

 

 

 

 

 

Total Common Stocks

(Cost $           3,761,667)

 

3,080,253

 

 

 

 

Registered Investment Companies - 22.01%

 

 

 

 

iShares 7-10 Year Treasury Bond ETF (8)

7,215

 

876,478

 

 

 

 

Total Registered Investment Companies

(Cost $              848,604)

 

876,478

 

 

 

 

Total Investments - 99.38%

(Cost $           4,610,272)

 

3,956,731

 

 

 

 

Other Assets less Liabilities - 0.62%

 

 

24,744

 

 

 

 

Total Net Assets - 100.00%

 

 

3,981,350

 

 

 

 

(1)  Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments.

       These inputs are summarized in the three broad levels listed below.

        • Level 1 - quoted prices in active markets for identical securities

        • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

        • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

 

       The following is a summary of the inputs used as of March 31, 2020 in valuing the Fund's assets carried at fair value:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in

 

Other Financial

Valuation Inputs

 

 

 

Securities

 

Instruments (9)

Level 1 - Quoted Prices

 

 

$

3,956,731

$

-

Level 2 - Other Significant Observable Inputs

 

-

 

-

Level 3 - Significant Unobservable Inputs

 

 

-

 

-

Total

 

 

 

$

3,956,731

$

-

 

 

 

 

 

 

 

 

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

 

(2)  Represents non-income producing securities.

(3)  All or a portion of this security is on loan.

(4)  Investment purchased with cash received as securities lending collateral. The yield shown represents the 7-day yield in effect at March 31, 2020.

(5)  Investment in affiliate. The yield shown represents the 7-day yield in effect at March 31, 2020.

(6)  Assets of affiliates to the Conservative Allocation Fund held for the benefit of the Fund's Trustees in connection with the Trustees Deferred Compensation Plan.

(7)  Fair valued security deemed as Level 3 security.

(8)  Exchange-traded fund.

(9)  Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.