AF

America First Investment Advisors, LLC

Momentum followerDiversified strategyQuality / disciplined sizing

Total reported value

$536.5M

Reporting period: 2026-03-31 · Number of holdings: 41

America First Investment Advisors, LLC disclosed 41 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $536.5M and a quarterly turnover rate of 12.0%.

Personality snowflake

Concentration
19.58
Portfolio Stability
12.02
Momentum/Contrarian
100
Sector conviction
58.1
Diversification
82
Sizing Uniformity
89.84

Recent moves

  • Add SLB

    -1.3%　$7.2M

  • Add PFE

    +7.6%　$4.4M

  • Add JNJ

    -3.8%　$4.1M

  • Trim RGLD

    -26.2%　-$5.0M

  • Trim TMO

    -0.9%　-$4.9M

  • Add ENB

    -0.3%　$3.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SHYIshares 1-3 Year Treasury BoETF-Gov Bonds8.27%+0.65%+6.27%
2JNJJohnson & JohnsonStock-Healthcare6.39%+0.90%-3.78%
3GOOGLAlphabet Inc-cl AStock-Comm Services5.53%-0.50%-2.41%
4SLBSlb LTDStock-Energy5.49%+1.43%-1.31%
5ENBEnbridge INCStock-Energy5.27%+0.71%-0.34%
6FNVFranco-nevada CORPStock-Materials5.24%-0.29%-22.25%
7CMECme Group INCStock-Financials5.24%+0.47%-0.81%
8RGLDRoyal Gold INCStock-Materials5.09%-0.80%-26.24%
9TMOThermo Fisher Scientific INCStock-Healthcare4.84%-0.78%-0.89%
10AMZNAmazon.com INCStock-Consumer Disc4.81%-0.32%+1.48%
11PFEPfizer INCStock-Healthcare4.70%+0.91%+7.59%
12WRBWr Berkley CORPStock-Financials4.70%-0.14%+0.25%
13BNBrookfield CORPStock-Financials4.65%-0.51%-0.24%
14ADPAutomatic Data ProcessingStock-Tech4.34%+0.30%+32.79%
15ABTAbbott LaboratoriesStock-Healthcare4.24%-0.30%+11.24%
16FISVFiserv INCStock-Other4.17%-0.38%+7.62%
17MAMastercard INC - AStock-Financials4.16%-0.47%+0.33%
18VVisa Inc-class A SharesStock-Financials4.12%-0.53%+0.39%
19BAMBrookfield Asset Mgmt-aStock-Financials2.36%-0.41%-1.92%
20CLXClorox CompanyStock-Consumer Staples1.45%+0.07%—
21BRK-ABerkshire Hathaway Inc-cl AStock-Other1.07%-0.03%—
22BRK-BBerkshire Hathaway Inc-cl BStock-Other0.86%-0.02%—
23USBUS BancorpStock-Financials0.53%——
24AAPLApple INCStock-Tech0.39%-0.02%—
25KOCoca-cola Co/theStock-Consumer Staples0.24%+0.03%—
26PSXPhillips 66Stock-Energy0.22%+0.07%—
27MUMicron Technology INCStock-Tech0.21%+0.04%—
28MSFTMicrosoft CORPStock-Tech0.16%—+25.44%
29CVXChevron CORPStock-Energy0.15%+0.04%—
30JPMJpmorgan Chase & CoStock-Financials0.14%-0.01%—
31HSYHershey Co/theStock-Consumer Staples0.12%+0.01%—
32GDGeneral Dynamics CORPStock-Industrials0.12%——
33PGProcter & Gamble Co/theStock-Consumer Staples0.12%——
34SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth0.12%—+0.21%
35CASYCasey's General Stores INCStock-Consumer Disc0.11%+0.11%NEW
36RSPInvesco S&p 500 Equal WeightETF-Large Cap & Growth0.08%—-4.70%
37PEPPepsico INCStock-Consumer Staples0.08%+0.01%—
38METAMeta Platforms Inc-class AStock-Comm Services0.08%+0.03%+68.67%
39MFAMfa Financial INCStock-Other0.07%-0.11%-61.52%
40TSLATesla INCStock-Consumer Disc0.07%-0.01%+4.95%
41ZONECleancore Solutions Inc-cl BStock-Other———

Holding changes this quarter

America First Investment Advisors, LLC's most significant position changes for 2026-03-31: New buy: Casey's General Stores INC (CASY); Sold out: Greystone Housing Impact Inv (GHI); Sold out: Oracle CORP (ORCL); Trim: Slb LTD (SLB) — shares -1.31%; Add: Pfizer INC (PFE) — shares +7.59%.

Position changes disclosed by America First Investment Advisors, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SLBSlb LTD+1.4%-1.31%Trim
2PFEPfizer INC+0.9%+7.59%Add
3JNJJohnson & Johnson+0.9%-3.78%Trim
4ENBEnbridge INC+0.7%-0.34%Trim
5SHYIshares 1-3 Year Treasury Bo+0.7%+6.27%Add
6CMECme Group INC+0.5%-0.81%Trim
7ADPAutomatic Data Processing+0.3%+32.79%Add
8PSXPhillips 66+0.1%—Unchanged
9CLXClorox Company+0.1%—Unchanged
10CVXChevron CORP0%—Unchanged
11MUMicron Technology INC0%—Unchanged
12METAMeta Platforms Inc-class A0%+68.67%Add
13KOCoca-cola Co/the0%—Unchanged
14HSYHershey Co/the0%—Unchanged
15PEPPepsico INC0%—Unchanged
16USBUS Bancorp——Unchanged
17MSFTMicrosoft CORP—+25.44%Add
18SPYSs Spdr S&p 500 ETF Trust-us—+0.21%Add
19RSPInvesco S&p 500 Equal Weight—-4.70%Trim
20GDGeneral Dynamics CORP——Unchanged
21ZONECleancore Solutions Inc-cl B——Unchanged
22PGProcter & Gamble Co/the——Unchanged
23JPMJpmorgan Chase & Co0%—Unchanged
24TSLATesla INC0%+4.95%Add
25BRK-BBerkshire Hathaway Inc-cl B0%—Unchanged
26AAPLApple INC0%—Unchanged
27BRK-ABerkshire Hathaway Inc-cl A0%—Unchanged
28MFAMfa Financial INC-0.1%-61.52%Trim
29WRBWr Berkley CORP-0.1%+0.25%Add
30FNVFranco-nevada CORP-0.3%-22.25%Trim
31ABTAbbott Laboratories-0.3%+11.24%Add
32AMZNAmazon.com INC-0.3%+1.48%Add
33FISVFiserv INC-0.4%+7.62%Add
34BAMBrookfield Asset Mgmt-a-0.4%-1.92%Trim
35MAMastercard INC - A-0.5%+0.33%Add
36GOOGLAlphabet Inc-cl A-0.5%-2.41%Trim
37BNBrookfield CORP-0.5%-0.24%Trim
38VVisa Inc-class A Shares-0.5%+0.39%Add
39TMOThermo Fisher Scientific INC-0.8%-0.89%Trim
40RGLDRoyal Gold INC-0.8%-26.24%Trim
41CASYCasey's General Stores INC—NEWNew buy
42GHIGreystone Housing Impact Inv—EXITSold out
43ORCLOracle CORP—EXITSold out

FAQ

What is America First Investment Advisors, LLC and what type of investor is it?
America First Investment Advisors, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $536.5M, spread across 41 disclosed positions.
What are America First Investment Advisors, LLC's largest equity positions?
Based on the latest 13F filing, America First Investment Advisors, LLC's top holdings by market value are: 1. Ishares 1-3 Year Treasury Bo (SHY) — $44.3M (8.3%) 2. Johnson & Johnson (JNJ) — $34.3M (6.4%) 3. Alphabet Inc-cl A (GOOGL) — $29.7M (5.5%) 4. Slb LTD (SLB) — $29.4M (5.5%) 5. Enbridge INC (ENB) — $28.3M (5.3%)
What changes did America First Investment Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, America First Investment Advisors, LLC made 28 notable position adjustments: 1 new positions were initiated, 13 existing holdings were added to, 12 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Casey's General Stores INC (CASY); Sold out: Greystone Housing Impact Inv (GHI); Sold out: Oracle CORP (ORCL); Trim: Slb LTD (SLB) — shares -1.31%; Add: Pfizer INC (PFE) — shares +7.59%
What sectors does America First Investment Advisors, LLC focus on?
America First Investment Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 31.0% • Health Care: 23.4% • Energy: 12.9% • Materials: 12.0% • Communication Services: 6.5% • Information Technology: 5.9%