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

Alpha Fiduciary Quantitative Strategy Fund
	Schedule of Investments
	October 31, 2024 (Unaudited)
Shares				Fair Value	% of Net Assets
EXCHANGE TRADED FUNDS
Equity
29,800	iShares Core S&P 500 ETF *			$ 17,022,952
Total for Exchange Traded Funds (Cost - $10,813,389)				17,022,952		85.59%
MONEY MARKET FUNDS
597,601	Goldman Sachs Financial Square Treasury Instruments Fund			597,601
	Class X 4.61% **
Total for Money Market Funds (Cost - $597,601)				597,601		3.00%
Total Investment Securities				17,620,553		88.59%
	(Cost - $11,410,990)
Other Assets in Excess of Liabilities				2,269,032		11.41%
Net Assets				$ 19,889,585		100.00%
* Additional information, including the current Prospectus and Annual Reports, is available at
https://www.ishares.com/us/products/239726/
** The rate shown represents the 7-day yield at October 31, 2024.
Alpha Fiduciary Quantitative Strategy Fund
	Schedule of Futures Contracts
	October 31, 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		32	12/20/2024	$   9,181,600		$         (69,388)
Total		32		$   9,181,600		$         (69,388)