Shareholder Report | 12 Months Ended |
Nov. 30, 2024 USD ($) shares |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | PFS FUNDS |
Entity Central Index Key | 0001103243 |
Entity Investment Company Type | N-1A |
Document Period End Date | Nov. 30, 2024 |
Christopher Weil & Company Core Investment Fund | |
Shareholder Report [Line Items] | |
Fund Name | Christopher Weil & Company Core Investment Fund |
Class Name | Christopher Weil & Company Core Investment Fund |
Trading Symbol | CWCFX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report November 30, 2024 |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.cweil.com/cwcfx 1-888-550-9266. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | 1-888-550-9266. |
Additional Information Website | www.cweil.com/cwcfx |
Expenses [Text Block] | What were the Fund costs for the last year? (based on a hypothetical $10,000 investment) Fund Costs of a $10,000 Investment Costs Paid as a Percentage of a $10,000 Investment Christopher Weil & Company Core Investment Fund $121 1.09% |
Expenses Paid, Amount | $ 121 |
Expense Ratio, Percent | 1.09% |
Factors Affecting Performance [Text Block] | Management's Discussion of Fund Performance During the above dates, Berkshire Hathaway Inc Class B contributed 2.58% to the Fund and had the largest positive impact. Berkshire's investment in Apple, the fact that it reduced its share count materially, and continued economic strength filtering down to its many operating companies lead to this outperformance. United Therapeutics Corporation contributed 2.31% to the Fund and had the second largest positive impact. Over the course of the year, market participants realized the position that United Therapeutics maintained in their lines of business was still that of market leader. That occurred precisely at a time where new markets and products were showing demonstrable and durable growth for them. Lastly, Paypal Holdings contributed 1.43% and had the third largest positive impact. We started allocating capital to Paypal at a time when the stock was severely out of favor, but had, what we deemed, very strong products with decent moats. This year's strong performance was due to these products largely getting a refresh, which we believe has entered the stock into the early innings of a turnaround. During the above stated dates, Pinterest Inc. contributed a -0.88% return to the Fund. We believe the general reason for Pinterest stock becoming cheaper has mostly been due to the fact that large cap leaders in their space have been given the benefit of the doubt, while anyone that isn't growing at the same rate that hasn't completely demonstrated their staying power, has been suffering. Pinterest's clients don't get as many "eyeballs" as Facebook or Instagram and even though Pinterest is growing, we think that was largely its biggest headwind. Cleveland Cliffs has suffered for many reasons. First and foremost iron ore prices have not held up to the degree that we thought they would and that has been a massive headwind. They've also suffered to a larger degree than other steel stocks as they are considerably more reliant on automotive stocks, where they may also be losing market share. WEX Inc. was the third largest detractor during the time period as their growth rates have moderated more than some of their competitors. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good predictor of the Fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns One Year Five Years Ten Years Christopher Weil & Company Core Investment Fund 22.33% 14.02% 10.64% S&P 500 ® 33.89% 15.77% 13.35% |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. |
Net Assets | $ 70,618,399 |
Holdings Count | shares | 59 |
Advisory Fees Paid, Amount | $ 562,208 |
Investment Company, Portfolio Turnover | 91% |
Additional Fund Statistics [Text Block] | Fund Statistics Net Assets ($) $70,618,399 Number of Portfolio Holdings 59 Portfolio Turnover Rate (%) 91% Total Advisory Fees Paid ($) $562,208 |
Holdings [Text Block] | What did the Fund invest in? Top Ten Holdings (as a % of net assets) Goldman Sachs FS Government Fund Institutional 19.36% Berkshire Hathaway Inc. - Class B 6.96% United Therapeutics Corporation 5.38% Alphabet Inc. - Class A 4.60% PayPal Holdings, Inc. 4.46% Markel Group Inc. 4.19% Veralto Corporation 3.21% Brookfield Renewable Corporation - Class A (Canada) 3.05% RB Global, Inc. 2.61% Uber Technologies, Inc. 2.50% Sectors (% of net assets) Sector % of Net Assets Net Cash * 19.27% Financials 19.09% Industrials 14.52% Information Technology 9.48% Communications 8.29% Exchange Traded Funds 7.91% Health Care 7.30% Consumer Discretionary 4.37% Utilities 3.75% Materials 3.15% Energy 1.27% Real Estate Investment Trusts 0.80% Options 0.51% Real Estate 0.29% * Net Cash represents cash equivalents and liabilities in excess of other assets. |
Largest Holdings [Text Block] | Top Ten Holdings (as a % of net assets) Goldman Sachs FS Government Fund Institutional 19.36% Berkshire Hathaway Inc. - Class B 6.96% United Therapeutics Corporation 5.38% Alphabet Inc. - Class A 4.60% PayPal Holdings, Inc. 4.46% Markel Group Inc. 4.19% Veralto Corporation 3.21% Brookfield Renewable Corporation - Class A (Canada) 3.05% RB Global, Inc. 2.61% Uber Technologies, Inc. 2.50% |
Material Fund Change [Text Block] | Material Fund Changes The Board of Trustees of the PFS Funds approved a Plan of Liquidation (the "Plan") relating to the Fund, effective December 5, 2024. In accordance with the Plan, the Fund liquidated on December 23, 2024. Any remaining shareholders as of the date of liquidation received a distribution of their remaining investment value in full liquidation of the Fund. |