0001162044-23-001164.txt : 20231113 0001162044-23-001164.hdr.sgml : 20231113 20231113155046 ACCESSION NUMBER: 0001162044-23-001164 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230929 FILED AS OF DATE: 20231113 DATE AS OF CHANGE: 20231113 PERIOD START: 20240630 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: 231398295 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 2024-06-30 2023-09-29 N 2598829.96 12232.96 2586597.00 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 0.00 N Aflac, Inc. 549300N0B7DOGLXWPP39 Aflac, Inc. 001055102 794.00 NS USD 60939.50 2.36 Long EC CORP US N 1 N N N Alphabet, Inc. 5493006MHB84DD0ZWV18 Alphabet, Inc. Class A 02079K305 428.00 NS USD 56008.08 2.17 Long EC CORP US N 1 N N N Ameriprise Financial, Inc. 6ZLKQF7QB6JAEKQS5388 Ameriprise Financial, Inc. 03076C106 175.00 NS USD 57694.00 2.23 Long EC CORP US N 1 N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 Apple, Inc. 037833100 306.00 NS USD 52390.26 2.03 Long EC CORP US N 1 N N N Applied Materials, Inc. 41BNNE1AFPNAZELZ6K07 Applied Materials, Inc. 038222105 423.00 NS USD 58564.35 2.26 Long EC CORP US N 1 N N N AutoZone, Inc. GA3JGKJ41LJKXDN23E90 AutoZone, Inc. 053332102 21.00 NS USD 53339.79 2.06 Long EC CORP US N 1 N N N Cardinal Health, Inc. CCU46N3GJMF4OK4N7U60 Cardinal Health, Inc. 14149Y108 620.00 NS USD 53828.40 2.08 Long EC CORP US N 1 N N N Caterpillar Inc. WRJR7GS4GTRECRRTVX92 Caterpillar, Inc. 149123101 247.00 NS USD 67431.00 2.61 Long EC CORP US N 1 N N N Chevron Corp. N/A Chevron Corp. 166764100 300.00 NS USD 50586.00 1.96 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 504.00 NS USD 60379.20 2.33 Long EC CORP US N 1 N N N Coterra Energy Inc. FCNMH607VWU7LHXMK351 Coterra Energy Inc. 127097103 2031.00 NS USD 54938.55 2.12 Long EC CORP US N 1 N N N Darden Restaurants, Inc. CY1NFSCCB5GUXC7WZC70 Darden Restaurants, Inc. 237194105 330.00 NS USD 47262.60 1.83 Long EC CORP US N 1 N N N Deere & Company PWFTNG3EI0Y73OXWDH08 Deere & Company 244199105 147.00 NS USD 55474.86 2.14 Long EC CORP US N 1 N N N Dell Technologies Inc. 549300TJB5YBRUPOG437 Dell Technologies Inc. 24703L202 795.00 NS USD 54775.50 2.12 Long EC CORP US N 1 N N N Discover Financial Services Z1YLO2USPORE63VVUL20 Discover Financial Services 254709108 519.00 NS USD 44960.97 1.74 Long EC CORP US N 1 N N N EQT Corporation 4NT01YGM4X7ZX86ISY52 EQT Corporation 26884L109 1454.00 NS USD 59003.32 2.28 Long EC CORP US N 1 N N N Expeditors International of Washington, Inc. 984500B055A804AB6E40 Expeditors International of Washington, Inc. 496902404 461.00 NS USD 52844.43 2.04 Long EC CORP US N 1 N N N Fair Isaac Corporation RI6HET5SJUEY30V1PS26 Fair Isaac Corporation 303250104 68.00 NS USD 59060.04 2.28 Long EC CORP US N 1 N N N Money Market Obligations Trust N/A Federated Prime Obligations 60934N203 62492.23 NS USD 62492.23 2.42 Long STIV RF US N 1 N N N Gartner, Inc. PP55B5R38BFB8O8HH686 Gartner, Inc. 366651107 162.00 NS USD 55664.82 2.15 Long EC CORP US N 1 N N N General Motors Co. 54930070NSV60J38I987 General Motors Co. 37045V100 1571.00 NS USD 51795.87 2.00 Long EC CORP US N 1 N N N KLA Corp. 549300H0BF5JCG96TJ81 KLA Corp. 482480100 126.00 NS USD 57791.16 2.23 Long EC CORP US N 1 N N N Koninklijke Ahold Delhaize NV 724500C9GNBV20UYRX36 Koninklijke Ahold Delhaize NV ADR 500467501 1.00 NS USD 30.08 0.00 Long EC CORP NL N 1 N N N LKQ Corp. DS830JTTZQN6GK0I2E41 LKQ Corp. 501889208 963.00 NS USD 47678.13 1.84 Long EC CORP US N 1 N N N Lam Research Corp. 549300I4GMO6D34U1T02 Lam Research Corp. 512807108 92.00 NS USD 57662.84 2.23 Long EC CORP US N 1 N N N Loews Corporation R8V1FN4M5ITGZOG7BS19 Loews Corp. 540424108 906.00 NS USD 57358.86 2.22 Long EC CORP US N 1 N N N Lowe's Cos., Inc. WAFCR4OKGSC504WU3E95 Lowe's Cos., Inc. 548661107 256.00 NS USD 53207.04 2.06 Long EC CORP US N 1 N N N Marathon Oil Corp. 1FRVQX2CRLGC1XLP5727 Marathon Oil Corp. 565849106 2217.00 NS USD 59304.75 2.29 Long EC CORP US N 1 N N N Marathon Petroleum Corp. 3BNYRYQHD39K4LCKQF12 Marathon Petroleum Corp. 56585A102 481.00 NS USD 72794.54 2.81 Long EC CORP US N 1 N N N McKesson Corp. 549300WZWOM80UCFSF54 McKesson Corp. 58155Q103 134.00 NS USD 58269.90 2.25 Long EC CORP US N 1 N N N MetLife, Inc. C4BXATY60WC6XEOZDX54 MetLife, Inc. 59156R108 1011.00 NS USD 63602.01 2.46 Long EC CORP US N 1 N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc. Class A 30303M102 213.00 NS USD 63944.73 2.47 Long EC CORP US N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 165.00 NS USD 52098.75 2.01 Long EC CORP US N 1 N N N NRG Energy, Inc. 5E2UPK5SW04M13XY7I38 NRG Energy, Inc. 629377508 1530.00 NS USD 58935.60 2.28 Long EC CORP US N 1 N N N NVR, Inc. 529900RWXR4JI3JYTV70 NVR, Inc. 62944T105 9.00 NS USD 53669.70 2.07 Long EC CORP US N 1 N N N Nucor Corp. 549300GGJCRSI2TIEJ46 Nucor Corp. 670346105 389.00 NS USD 60820.15 2.35 Long EC CORP US N 1 N N N O'Reilly Automotive, Inc. 549300K2RLMQL149Q332 O'Reilly Automotive, Inc. 67103H107 57.00 NS USD 51805.02 2.00 Long EC CORP US N 1 N N N Occidental Petroleum Corp. IM7X0T3ECJW4C1T7ON55 Occidental Petroleum Corp. 674599105 885.00 NS USD 57418.80 2.22 Long EC CORP US N 1 N N N Old Dominion Freight Line, Inc. 5299009TWK32WE417T96 Old Dominion Freight Line, Inc. 679580100 176.00 NS USD 72008.64 2.78 Long EC CORP US N 1 N N N Pioneer Natural Resources Company FY8JBF7CCL2VE4F1B628 Pioneer Natural Resources Company 723787107 247.00 NS USD 56698.85 2.19 Long EC CORP US N 1 N N N Principal Financial Group, Inc. CUMYEZJOAF02RYZ1JJ85 Principal Financial Group, Inc. 74251V102 752.00 NS USD 54196.64 2.10 Long EC CORP US N 1 N N N Steel Dynamics, Inc. 549300HGGKEL4FYTTQ83 Steel Dynamics, Inc. 858119100 563.00 NS USD 60364.86 2.33 Long EC CORP US N 1 N N N Synchrony Financial 549300RS7EWPM9MA6C78 Synchrony Financial 87165B103 1714.00 NS USD 52396.98 2.03 Long EC CORP US N 1 N N N United Rentals, Inc. 5323X5O7RN0NKFCDRY08 United Rentals, Inc. 911363109 153.00 NS USD 68019.21 2.63 Long EC CORP US N 1 N N N Valero Energy Corp. 549300XTO5VR8SKV1V74 Valero Energy Corp. 91913Y100 468.00 NS USD 66320.28 2.56 Long EC CORP US N 1 N N N Verisign, Inc. LMPL4N8ZOJRMF0KOF759 VeriSign, Inc. 92343E102 233.00 NS USD 47189.49 1.82 Long EC CORP US N 1 N N N 2023-09-29 AmericaFirst Quantitative Funds /s/ Rick Gonsalves Rick Gonsalves Trustee and President XXXX NPORT-EX 2 americalargecapnportex923.htm Converted by EDGARwiz



Schedule of Investments

September 30, 2023 (unaudited)

AmericaFirst Large Cap Share Buyback Fund














Shares or Principal



Security Description

 

 

Amount ($)

 

Fair Value ($)(1)

 






Common Stocks - 97.06%









Air Freight & Logistics - 2.04%








Expeditors International of Washington, Inc. (2)

461


52,843









Capital Markets - 2.23%








Ameriprise Financial, Inc.

175


57,694









Consumer Finance - 3.76%








Discover Financial Services





519


44,961

Synchrony Financial





1,714


52,397
















97,358









Consumer Staples Distribution - 0.00%








Koninklijke Ahold Delhaize NV ADR  

1


30









Distributors - 1.84%








LKQ Corp.

963


47,678









Electrical Utilities - 2.28%








NRG Energy, Inc.





1,530


58,936









Ground Transportation - 2.78%








Old Dominion Freight Line, Inc. (2)

176


72,009









Health Care Providers & Services - 4.33%








Cardinal Health, Inc.





620


53,828

McKesson Corp.





134


58,270
















112,098









Household Durables - 2.07%








NVR, Inc.  (2)

9


53,670









IT Services - 3.98%








Gartner, Inc.  (2)





162


55,665

VeriSign, Inc.  (2)





233


47,189
















102,854









Insurance - 9.13%








Aflac, Inc.





794


60,940

Loews Corp.





906


57,359

MetLife, Inc.





1,011


63,602

Principal Financial Group, Inc.





752


54,197
















236,098









Interactive Media & Services  - 4.64%








Alphabet, Inc. Class A (2)





428


56,008

Meta Platforms Inc.-Class A (2)





213


63,945
















119,953









Machinery - 4.75%








Caterpillar, Inc.

247


67,431

Deere & Co.

147


55,475
















122,906









Metals & Mining - 4.69%








Nucor Corp.

389


60,820

Steel Dynamics, Inc.

563


60,365
















121,185









Motor Vehicles & Passenger Car Bodies- 2.00%








General Motors Co.

1,571


51,796









Oil, Gas, and Consumable Fuels - 20.78%








Chevron Corp. (2)





300


50,586

ConocoPhillips





504


60,379

Coterra Energy Inc





2,031


54,939

EQT Corporation





1,454


59,003

Marathon Oil





2,217


59,305

Marathon Petroleum Corp.





481


72,795

Occidental Petroleum Corp.





885


57,419

Pioneer Natural Resources Co.





247


56,698

Valero Energy Corp. (2)





468


66,320















537,444









Retail-Eating Places - 1.83%








Darden Restaurants Inc





330


47,263









Semiconductors - 6.73%








Applied Materials, Inc.





423


58,564

KLA Corp.





126


57,791

Lam Research Corp.





92


57,663
















174,018









Software - 4.30%








Fair Isaac Corp. (2)





68


59,060

Microsoft Corp. (2)





165


52,099
















111,159









Electronic Computers - 4.14%








Apple, Inc.





306


52,390

Dell Technologies Inc. (2)





795


54,776
















107,166









Specialty Retail - 6.12%








AutoZone, Inc.   (2)





21


53,340

Lowe's Cos., Inc.





256


53,207

O'Reilly Automotive, Inc.   (2)





57


51,805
















158,352









Trading Companies & Distribution - 2.63%








United Rentals, Inc. (2)





153


68,019









Total Common Stock





(Cost $       2,230,333.77)


2,510,529









Money Market Registered Investment Companies - 2.43%





Federated Hermes Institutional Prime Obligations Fund - Institutional Class, 5.43% (3)

62,492


62,492





Total Money Market Registered Investment Companies

(Cost $                  62,492)


62,492









Total Investments - 99.48%

(Cost $             1,022,599)


2,573,021





Other Assets Less Liabilities - 0.52%



13,576





Total Net Assets - 100.00%



2,586,597





(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 September 30, 2023 in valuing the Fund's assets carried at fair value:

















 

 

 

 

 

Investments in

 

Other Financial

Valuation Inputs

 

 

 

 

Securities

 

Instruments (9)

Level 1 - Quoted Prices

 

 

 

$

2,573,021

$

-

Level 2 - Other Significant Observable Inputs

 

 

 

 

0

 

-

Level 3 - Significant Unobservable Inputs

 

 

 

 

-

 

-

Total

 

 

 

$

2,573,021

$

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 September 30, 2023.