PFS Funds NPORT-P Christopher Weil and Company Core Investment Fund (Feb 2024 report)

Christopher Weil & Company Core Investment Fund
		Schedule of Investments
		February 29, 2024 (Unaudited)
Shares			Fair Value	% of Net Assets
COMMON STOCKS
COMMUNICATIONS
Services - Computer Programming, Data Processing, Etc.
23,235	Alphabet Inc. - Class A *		$3,217,118
30,378	Pinterest, Inc. - Class A *		1,114,873
			4,331,991
Total for Communications			4,331,991		5.36%
CONSUMER DISCRETIONARY
Cable & Other Pay Television Services
16,292	The Walt Disney Co. *		1,817,861
Mobile Homes
5,802	Skyline Champion Corporation *		486,150
Services - Advertising Agencies
33,129	Groupon, Inc. *		613,218
Services - Educational Services
35,500	Lincoln Educational Services Corporation *		357,130
25,421	Stride Inc. *		1,518,905
63,053	Universal Technical Institute, Inc. *		948,317
			2,824,352
Total for Consumer Discretionary			5,741,581		7.10%
CONSUMER STAPLES
Retail - Variety Stores
10,018	Walmart Inc.		587,155
Total for Consumer Staples			587,155		0.73%
ENERGY
Crude Petroleum & Natural Gas
19,280	Occidental Petroleum Corporation		1,168,561
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
5,018	Centrus Energy Corp. - Class A *		204,684
Miscellaneous Metal Ores
3,699	Cameco Corporation (Canada)		149,920
Total for Energy			1,523,165		1.88%
FINANCIALS
Fire, Marine & Casualty Insurance
13,907	Berkshire Hathaway Inc. - Class B *		5,693,526
1,160	Markel Corp. *		1,731,277
			7,424,803
Investment Advice
7,524	Houlihan Lokey, Inc. - Class A		968,038
National Commercial Banks
4,557	JPMorgan Chase & Co.		847,875
Services - Business Services, NEC
562	MSCI Inc.		315,265
15,820	Paypal Holdings, Inc. *		954,579
7,131	WEX Inc. *		1,566,895
			2,836,739
Services - Computer Programming, Data Processing, Etc.
562	FactSet Research Systems, Inc.		259,970
Total for Financials			12,337,425		15.25%
HEALTH CARE
Industrial Instruments For Measurement, Display, and Control
1,044	Danaher Corporation		264,278
Laboratory Analytical Instruments
66,696	Singular Genomics Systems, Inc. *		38,017
Pharmaceutical Preparations
14,153	United Therapeutics Corporation *		3,193,483
Total for Health Care			3,495,778		4.32%
INDUSTRIALS
Aircraft & Parts
3,441	Textron, Inc.		306,490
Construction Machinery & Equipment
1,210	Caterpillar, Inc.		404,092
Farm Machinery & Equipment
2,271	Deere & Company		829,028
Heavy Construction Other Than Building Construction - Contractors
44,552	Fluor Corporation *		1,639,513
1,831	Jacobs Solutions Inc.		268,516
			1,908,029
Industrial & Commercial Fans & Blowers & Air Purifing Equipment
22,643	Ceco Environmental Corp. *		512,864
Instruments For Measuring & Testing of Electricity & Electrical Signals
17,943	Veralto Corporation		1,550,634
Laboratory Analytical Instruments
12,616	Illumina, Inc. *		1,764,095
Measuring & Controlling Devices, NEC
4,723	Rockwell Automation, Inc.		1,346,433
Miscellaneous Electrical Machinery, Equipment & Supplies
4,249	Atkore Inc. *		719,781
Search, Detection, Navigation, Guidance, Aeronautical Systems
12,708	Leonardo DRS, Inc. *		288,599
Services - Business Services, NEC
3,000	RB Global, Inc.		227,730
16,948	Uber Technologies, Inc. *		1,347,366
			1,575,096
Services - Computer Integrated Systems Design
9,408	Leidos Holdings, Inc.		1,202,907
Wholesale - Durable Goods
700	W.W. Grainger, Inc.		681,422
Wholesale - Hardware & Plumbing & Heating Equipment & Supplies
3,996	Ferguson PLC (United Kingdom)		844,954
Total for Industrials			13,934,424		17.23%
INFORMATION TECHNOLOGY
Computer Peripheral Equipment, NEC
27,901	Stratasys Ltd. (Israel) *		344,577
Computer Storage Devices
3,007	Pure Storage, Inc. - Class A *		158,319
Measuring & Controlling Devices, NEC
16,756	Trimble Inc. *		1,025,300
Semiconductors & Related Devices
61,363	Indie Semiconductor, Inc. - Class A *		379,837
33,192	Ultra Clean Holdings, Inc. *		1,433,894
			1,813,731
Services - Computer Processing & Data Preparation
40,902	Yext, Inc. *		242,140
Services - Computer Programming, Data Processing, Etc
4,100	Zoom Video Communications, Inc. - Class A *		289,993
Services - Prepackaged Software
6,118	Alkami Technology, Inc. *		152,644
31,749	Box, Inc. - Class A *		818,807
11,500	Clearwater Analytics Holdings, Inc. - Class A *		198,030
11,639	PTC Inc. *		2,130,053
1,447	Snowflake Inc. - Class A *		272,441
10,000	UiPath Inc. - Class A *		237,500
			3,809,475
Telephone & Telegraph Apparatus
9,996	Clearfield, Inc. *		301,579
Total for Information Technology			7,985,114		9.87%
MATERIALS
Metal Mining
114,063	Cleveland-Cliffs Inc. *		2,372,510
29,231	Freeport-McMoRan Inc.		1,105,224
			3,477,734
Total for Materials			3,477,734		4.30%
UTILITIES
Electric Services
27,717	Brookfield Renewable Corporation - Class A (Canada)		657,447
Natural Gas Transmission & Distribution
45,623	Brookfield Infrastructure Corporation - Class A (Canada)		1,513,315
Total for Utlilites			2,170,762		2.68%
Total for Common Stocks (Cost - $41,428,984)			55,585,129		68.72%
EXCHANGE TRADED FUNDS
Equity
9,000	Global X Silver Miners ETF		207,900
57,699	iShares MSCI Brazil ETF		1,904,644
26,117	iShares MSCI Emerging Markets ETF		1,314,730
17,000	iShares MSCI Emerging Markets Multifactor ETF		740,860
27,359	iShares MSCI Japan ETF		1,891,054
89,000	ProShares Short S&P500		1,095,590
47,235	TCW Transform Supply Chain ETF		3,001,364
138,675	VanEck Gold Miners ETF		3,655,473
(Cost - $12,717,671)			13,811,615		17.08%
REAL ESTATE INVESTMENT TRUSTS
19,855	American Assets Trust, Inc.		428,272		0.53%
Total For Real Estate Investment Trusts (Cost - $403,899)
MONEY MARKET FUNDS
11,143,197	Invesco Treasury Portfolio Institutional Class 5.23% ***
Total for Money Market Funds (Cost - $11,143,197)			11,143,197		13.78%
Total Investments			80,968,213		100.11%
	(Cost - $65,693,751)
Liabilities in Excess of Other Assets			(87,849)		-0.11%
Net Assets			$  80,880,365		100.00%
Christopher Weil & Company Core Investment Fund
		Schedule of Options Written
		February 29, 2024 (Unaudited)
Underlying Security			Notional		Fair Value
Expiration Date/Exercise Price		Contracts	Amount
Call Options Written
Uber Technologies, Inc. *
April 19, 2024 Calls @ $55.00		50	$      397,500		$      115,500
April 19, 2024 Calls @ $62.50		50	397,500		88,200
			795,000		203,700
Universal Technical Institute, Inc. *
April 19, 2024 Calls @ $15.00		150	225,600		15,000
W.W. Grainger, Inc. *
November 15, 2024 Calls @ $940.00		7	681,422		61,600
Total Call Options Written (Premiums Received $151,972)			$   1,702,022		$      280,300
* Non-Income Producing Securities.
** ADR - American Depositary Receipt.
*** The Yield Rate shown represents the 7-day yield at February 29, 2024.