PFS Funds NPORT-P Alpha Fiduciary Quantitative Strategy Fund (Apr 2024 report)

Alpha Fiduciary Quantitative Strategy Fund
	Schedule of Investments
	April 30, 2024 (Unaudited)
Shares				Fair Value	% of Net Assets
EXCHANGE TRADED FUNDS
Equity
34,300	iShares Core S&P 500 ETF *			$ 17,302,292
Total for Exchange Traded Funds (Cost - $12,687,433)				17,302,292		80.51%
MONEY MARKET FUNDS
1,192,942	Goldman Sachs Financial Square Treasury Instruments Fund			1,192,942
	Class X 5.17% **
Total for Money Market Funds (Cost - $1,192,942)				1,192,942		5.55%
Total Investment Securities				18,495,234		86.06%
	(Cost - $13,880,375)
Other Assets in Excess of Liabilities				2,994,590		13.94%
Net Assets				$ 21,489,824		100.00%
* Additional information, including the current Prospectus and Annual Reports, is available at
https://www.iShares.com/us/prospectus.
** The rate shown represents the 7-day yield at April 30, 2024.
Alpha Fiduciary Quantitative Strategy Fund
	Schedule of Futures Contracts
	April 30, 2024 (Unaudited)
						Unrealized
		Number of Contracts	Expiration	Notional		Appreciation/
Description		Purchased/(Sold)	Date	Value		(Depreciation)
Index Futures Sold Short
E-mini Standard & Poor's 500 Futures		18	6/15/2024	$   4,560,300		$         (67,725)
Total		18		$   4,560,300		$         (67,725)