0001162044-22-000599.txt : 20220510 0001162044-22-000599.hdr.sgml : 20220510 20220510155447 ACCESSION NUMBER: 0001162044-22-000599 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220510 PERIOD START: 20220630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DSS 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: 22909353 BUSINESS ADDRESS: STREET 1: 9700 VILLAGE CENTER DRIVE STREET 2: SUITE 50-N CITY: GRANITE BAY STATE: CA ZIP: 95746 BUSINESS PHONE: 916-757-6862 MAIL ADDRESS: STREET 1: 9700 VILLAGE CENTER DRIVE STREET 2: SUITE 50-N CITY: GRANITE BAY STATE: CA ZIP: 95746 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAFIRST QUANTITATIVE FUNDS DATE OF NAME CHANGE: 20120119 0001539996 S000056070 DSS AmericaFirst Large Cap Share Buyback Fund C000176638 DSS AmericaFirst Large Cap Share Buyback Fund Class A SBQAX C000176639 DSS AmericaFirst Large Cap Share Buyback Fund Class I SBQIX C000176640 DSS AmericaFirst Large Cap Share Buyback Fund Class U SBQUX NPORT-P 1 primary_doc.xml NPORT-P false 0001539996 XXXXXXXX S000056070 C000176638 C000176640 C000176639 DSS AMERICAFIRST QUANTITATIVE FUNDS 811-22669 0001539996 549300KFIJ1ZWDPJB360 9700 Village Center Drive Suite 50-N Granite Bay 95746 916-787-9940 AmericaFirst Large Cap Share Buyback Fund S000056070 549300NEEZJ503EZUM16 2022-06-30 2022-03-31 N 4662390.89 18182.70 4644208.19 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 Aon PLC 635400FALWQYX5E6QC64 Aon PLC G0403H108 302.00 NS USD 98340.26 2.12 Long EC CORP IE N 1 N N N Advance Auto Parts, Inc. 529900UCNQ5H9FSL0Y70 Advance Auto Parts, Inc. 00751Y106 431.00 NS USD 89199.76 1.92 Long EC CORP US N 1 N N N American International Group Inc. ODVCVCQG2BP6VHV36M30 American International Group Inc. 026874784 1502.00 NS USD 94280.54 2.03 Long EC CORP US N 1 N N N Ameriprise Financial, Inc. 6ZLKQF7QB6JAEKQS5388 Ameriprise Financial, Inc. 03076C106 310.00 NS USD 93111.60 2.00 Long EC CORP US N 1 N N N Amgen, Inc. 62QBXGPJ34PQ72Z12S66 Amgen, Inc. 031162100 391.00 NS USD 94551.62 2.04 Long EC CORP US N 1 N N N Applied Materials, Inc. 41BNNE1AFPNAZELZ6K07 Applied Materials, Inc. 038222105 661.00 NS USD 87119.80 1.88 Long EC CORP US N 1 N N N Assurant, Inc. H3F39CAXWQRVWURFXL38 Assurant, Inc. 04621X108 533.00 NS USD 96915.39 2.09 Long EC CORP US N 1 N N N AutoZone, Inc. GA3JGKJ41LJKXDN23E90 AutoZone, Inc. 053332102 46.00 NS USD 94050.68 2.03 Long EC CORP US N 1 N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 Bank of America Corp. 060505104 2075.00 NS USD 85531.50 1.84 Long EC CORP US N 1 N N N Bath & Body Works, Inc. GR3KVMWVCR54YWQNXU90 Bath & Body Works, Inc. 070830104 1681.00 NS USD 80351.80 1.73 Long EC CORP US N 1 N N N Biogen, Inc. W8J5WZB5IY3K0NDQT671 Biogen, Inc. 09062X103 416.00 NS USD 87609.60 1.89 Long EC CORP US N 1 N N N C.H. Robinson Worldwide, Inc. 529900WNWN5L0OVDHA79 C.H. Robinson Worldwide, Inc. 12541W209 859.00 NS USD 92522.89 1.99 Long EC CORP US N 1 N N N CF Industries Holdings, Inc. 529900CG8YAQFZ2JMV97 CF Industries Holdings, Inc. 125269100 1067.00 NS USD 109965.02 2.37 Long EC CORP US N 1 N N N Cerner Corp. 549300L4UJ40IEVVI304 Cerner Corp. 156782104 947.00 NS USD 88601.32 1.91 Long EC CORP US N 1 N N N Comerica, Inc. I9Q57JVPWHHZ3ZGBW498 Comerica, Inc. 200340107 972.00 NS USD 87897.96 1.89 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 913.00 NS USD 91300.00 1.97 Long EC CORP US N 1 N N N Discover Financial Services Z1YLO2USPORE63VVUL20 Discover Financial Services 254709108 761.00 NS USD 83854.59 1.81 Long EC CORP US N 1 N N N Dominos Pizza, Inc. 5299004V0Y8MI5D9FF45 Dominos Pizza, Inc. 25754A201 213.00 NS USD 86693.13 1.87 Long EC CORP US N 1 N N N Eastman Chemical Co. FDPVHDGJ1IQZFK9KH630 Eastman Chemical Co. 277432100 766.00 NS USD 85837.96 1.85 Long EC CORP US N 1 N N N Money Market Obligations Trust N/A Federated Hermes Institutional Prime Obligations Fund - Institutional Class 60934N203 115736.92 NS USD 115736.92 2.49 Long STIV RF US N 1 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 Fifth Third Bancorp 316773100 1941.00 NS USD 83540.64 1.80 Long EC CORP US N 1 N N N Fox Corporation 549300DDU6FDRBIELS05 Fox Corporation Class B 35137L204 2326.00 NS USD 84387.28 1.82 Long EC CORP US N 1 N N N Gartner, Inc. PP55B5R38BFB8O8HH686 Gartner, Inc. 366651107 316.00 NS USD 93997.36 2.02 Long EC CORP US N 1 N N N HCA Healthcare, Inc. 529900PH4ZGUH2MNEU89 HCA Healthcare, Inc. 40412C101 353.00 NS USD 88468.86 1.90 Long EC CORP US N 1 N N N Hologic, Inc. 549300DYP6F5ZJL0LB74 Hologic, Inc. 436440101 1235.00 NS USD 94872.70 2.04 Long EC CORP US N 1 N N N Jack Henry & Associates, Inc. 529900X1QS8C54W0JB21 Jack Henry & Associates, Inc. 426281101 499.00 NS USD 98327.95 2.12 Long EC CORP US N 1 N N N Koninklijke Ahold Delhaize NV 724500C9GNBV20UYRX36 Koninklijke Ahold Delhaize NV ADR 500467501 1.00 NS USD 32.21 0.00 Long EC CORP NL N 1 N N N LKQ Corp. DS830JTTZQN6GK0I2E41 LKQ Corp. 501889208 1885.00 NS USD 85597.85 1.84 Long EC CORP US N 1 N N N Lennar Corporation 529900G61XVRLX5TJX09 Lenar Corporation Class B 526057302 1173.00 NS USD 80174.55 1.73 Long EC CORP US N 1 N N N Lowe's Cos., Inc. WAFCR4OKGSC504WU3E95 Lowe's Cos., Inc. 548661107 396.00 NS USD 80067.24 1.72 Long EC CORP US N 1 N N N Marathon Petroleum Corp. 1FRVQX2CRLGC1XLP5727 Marathon Petroleum Corp. 565849106 3826.00 NS USD 96070.86 2.07 Long EC CORP US N 1 N N N Masco Corp. 5GCSNMQXHEYA1JO8QN11 Masco Corp. 574599106 1602.00 NS USD 81702.00 1.76 Long EC CORP US N 1 N N N McKesson Corp. 549300WZWOM80UCFSF54 McKesson Corp. 58155Q103 323.00 NS USD 98879.99 2.13 Long EC CORP US N 1 N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc. Class A 30303M102 421.00 NS USD 93613.56 2.02 Long EC CORP US N 1 N N N NVR, Inc. 529900RWXR4JI3JYTV70 NVR, Inc. 62944T105 18.00 NS USD 80410.86 1.73 Long EC CORP US N 1 N N N Nucor Corp. 549300GGJCRSI2TIEJ46 Nucor Corp. 670346105 656.00 NS USD 97514.40 2.10 Long EC CORP US N 1 N N N O'Reilly Automotive, Inc. 549300K2RLMQL149Q332 O'Reilly Automotive, Inc. 67103H107 134.00 NS USD 91784.64 1.98 Long EC CORP US N 1 N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 Oracle Corp. 68389X105 1158.00 NS USD 95801.34 2.06 Long EC CORP US N 1 N N N PulteGroup, Inc. N/A PulteGroup, Inc. 745867101 1773.00 NS USD 74288.70 1.60 Long EC CORP US N 1 N N N Quest Diagnostics, Inc. 8MCWUBXQ0WE04KMXBX50 Quest Diagnostics, Inc. 74834L100 675.00 NS USD 92380.50 1.99 Long EC CORP US N 1 N N N Sealed Air Corp. Q0M0CZB4YN6JZ65WXI09 Sealed Air Corp. 81211K100 1334.00 NS USD 89324.64 1.92 Long EC CORP US N 1 N N N Target Corp. 8WDDFXB5T1Z6J0XC1L66 Target Corp. 87612E106 416.00 NS USD 88283.52 1.90 Long EC CORP US N 1 N N N Textron, Inc. 3PPKBHUG1HD6BO7RNR87 Textron, Inc. 883203101 1234.00 NS USD 91784.92 1.98 Long EC CORP US N 1 N N N The Home Depot, Inc. QEKMOTMBBKA8I816DO57 The Home Depot, Inc. 437076102 276.00 NS USD 82615.08 1.78 Long EC CORP US N 1 N N N The Kroger Co. 6CPEOKI6OYJ13Q6O7870 The Kroger Co. 501044101 1829.00 NS USD 104929.73 2.26 Long EC CORP US N 1 N N N The Sherwin-Williams Co. Z15BMIOX8DDH0X2OBP21 The Sherwin-Williams Co. 824348106 340.00 NS USD 84870.80 1.83 Long EC CORP US N 1 N N N Tractor Supply Co. 549300OJ9VZHZRO6I137 Tractor Supply Co. 892356106 430.00 NS USD 100349.10 2.16 Long EC CORP US N 1 N N N Ulta Beauty, Inc. 529900CIV6HN8M28YM82 Ulta Beauty, Inc. 90384S303 238.00 NS USD 94776.36 2.04 Long EC CORP US N 1 N N N Verisign, Inc. LMPL4N8ZOJRMF0KOF759 VeriSign, Inc. 92343E102 413.00 NS USD 91875.98 1.98 Long EC CORP US N 1 N N N W. W. Grainger, Inc. 549300TWZSP6O1IH2V34 W. W. Grainger, Inc. 384802104 187.00 NS USD 96452.73 2.08 Long EC CORP US N 1 N N N Yum! Brands, Inc. 549300JE8XHZZ7OHN517 Yum! Brands, Inc. 988498101 733.00 NS USD 86882.49 1.87 Long EC CORP US N 1 N N N Zions Bancorporation N.A. 8WH0EE09O9V05QJZ3V89 Zions Bancorporation N.A. 989701107 1317.00 NS USD 86342.52 1.86 Long EC CORP US N 1 N N N 2022-03-31 AmericaFirst Quantitative Funds /s/ Rick Gonsalves Rick Gonsalves Trustee and President XXXX NPORT-EX 2 americalcnportex.htm Converted by EDGARwiz



Schedule of Investments

March 31, 2022 (unaudited)

AmericaFirst Large Cap Share Buyback Fund














Shares or Principal



Security Description

 

 

Amount ($)

 

Fair Value ($)(1)

 






Common Stocks - 97.50%









Agriculture Chemicals - 2.38%






CF Industries Holdings, Inc. (2)

1,067


109,965









Aircraft Part & Auxillary Equipment, NEC - 1.98%






Textron, Inc.

1,234


91,785









Arrangement of Transportation of Freight & Cargo - 2.00%






C.H. Robinson Worldwide, Inc.

859


92,523









Biological Products (No Diagnostic Substances) - 3.93%






Amgen, Inc.

391


94,552

Biogen, Inc. (2)

416


87,610
















182,162









Clinical Labs - 1.99%







Quest Diagnostics Inc.

675


92,381









Computer Communications Equipment - 2.03%






Gartner, Inc. (2)

316


93,997









Entertainment  - 1.82%







Fox Corporation Class B (2)

2,326


84,387









Fire, Marine & Casualty Insurance - 2.03%






American International Group, Inc.

1,502


94,281









Insurance Agents Brokers & Services - 2.12%






Aon PLC

302


98,340









Insurance Carriers, NEC - 2.09%






Assurant, Inc.

533


96,915









Investment Advice - 2.01%






Ameriprise Financial, Inc.

310


93,112









Miscellaneous-Paint Manfacturing & Distributor - 1.83%






The Sherwin-Williams Co.

340


84,871









National Commercial Banks - 5.61%






Bank of America Corporation

2,075


85,532

Comerica Incorporated

972


87,898

Zions Bancorporation N.A. (2)

1,317


86,343
















259,773









Operative Builders - 3.34%






NVR, Inc. (2)

18


80,411

PulteGroup, Inc.




1,773


74,289
















154,700









Personal Credit Institutions - 1.81%






Discover Financial Services (2)

761


83,855









Petroleum Refining - 4.04%






ConocoPhillips (2)

913


91,300

Marathon Petroleum Corp.

3,826


96,071
















187,371









Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) - 1.93%






Sealed Air Corp.

1,334


89,325









Plastic Material, Synth Resins & Nonvulcan Elastomers - 1.85%






Eastman Chemical Co.

766


85,838









Retail-Auto & Home Supply Stores - 5.94%






Advance Auto Parts, Inc.

431


89,200

AutoZone, Inc. (2)  

46


94,051

O'Reilly Automotive, Inc. (2)



134


91,785
















275,035









Retail - Building Materials, Hardware, & Garden Supply - 1.76%






Masco Corp.

1,602


81,702









Retail - Eating & Drinking Places - 1.87%






Domino's Pizza, Inc.

213


86,693









Retail - Eating Places - 1.87%






Yum! Brands, Inc.




733


86,882









Retail - Farming Supply Store - 2.17%






Tractor Supply Co. (2)




430


100,349

















Retail-Grocery Stores - 2.27%






Koninklijke Ahold Delhaize NV ADR (2)

1


32

The Kroger Co.

1,829


104,930
















104,962









Retail-Lumber & Other Building Materials Dealers - 3.51%






The Home Depot, Inc.

276


82,615

Lowe's Cos., Inc.

396


80,067
















162,682









Retail-Miscellaneous Retail - 1.73%






Bath & Body Works, Inc.

1,681


80,352









Retail-Retail Stores, NEC - 2.05%






Ulta Beauty, Inc. (2)

238


94,776









Retail-Variety Stores - 1.91%






Target Corp.

416


88,283









Semiconductors & Related Devices - 1.88%






Applied Materials, Inc.

661


87,120









Services-Computer Intergrated Systems Design - 4.03%






Cerner Corp.

947


88,601

Jack Henry & Associates, Inc.

499


98,328
















186,929









Services-Computer Programming Services - 1.98%






VeriSign, Inc. (2)

413


91,876









Services-Computer Programming, Data Processing, Etc. - 2.02%






Meta Platforms, Inc. Class A (2)

421


93,613









Services-General Medical & Surgical Hospitals, Nec - 1.91%






HCA Healthcare, Inc.

353


88,469









Services-Home Building & Financial Services - 1.73%






Lenar Corporation Class B

1,173


80,174









Services-Prepackaged Software - 2.07%






Oracle Corp.

1,158


95,801









State Commercial Banks - 1.80%






Fifth Third Bancorp

1,941


83,540









Steel Works, Blast Furnaces Rolling Mills (Coke Ovens) - 2.10%






Nucor Corp.

656


97,514









Wholesale-Drugs Proprietaries & Druggists' Sundries - 2.13%






McKesson Corp.

323


98,880









Wholesale-Durable Goods - 2.08%






W.W. Granger

187


96,453









Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies - 1.85%






LKQ Corp.  

1,885


85,598









X-Ray Apparatus & Tubes & Related Irradiation Apparatus - 2.05%






Hologic, Inc. (2)

1,235


94,873

















Total Common Stock




(Cost $            4,514,972)


4,518,137









Money Market Registered Investment Companies - 2.50%





Federated Hermes Institutional Prime Obligations Fund - Institutional Class, 0.02% (3)

115,737


115,737





Total Money Market Registered Investment Companies

(Cost $               115,737)


115,737









Total Investments - 99.78%

(Cost $            4,630,709)


4,633,874





Other Assets Less Liabilities - .22%



10,334





Total Net Assets - 100.00%



4,644,208





(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, 2022 in valuing the Fund's assets carried at fair value:

















 

 

 

 

 

Investments in

 

Other Financial

Valuation Inputs

 

 

 

Securities

 

Instruments (9)

Level 1 - Quoted Prices

 

 

$

4,633,874

$

-

Level 2 - Other Significant Observable Inputs

 

 

0

 

-

Level 3 - Significant Unobservable Inputs

 

 

-

 

-

Total

 

 

 

$

4,633,874

$

0









       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)  Investment in affiliate. The yield shown represents the 7-day yield in effect at March 31, 2022.