America First Investment Advisors, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ISHARES TR | SHY | $44.0M | 535,584 | -0.10pp | 31q | HELD | |
| ALPHABET INC | GOOGL | $36.2M | 101,223 | +1.18pp | 31q | -1.9%-$713.3K | |
| JOHNSON & JOHNSON | JNJ | $35.3M | 138,957 | +0.16pp | 31q | -0.9%-$305.5K | |
| AMAZON COM INC | AMZN | $29.2M | 122,618 | +0.62pp | 31q | -0.9%-$275.5K | |
| ENBRIDGE INC | ENB | $28.2M | 520,721 | -0.03pp | 31q | HELD | |
| BERKLEY W R CORP | WRB | $27.1M | 383,605 | +0.32pp | 31q | +0.9%+$230.6K | |
| THERMO FISHER SCIENTIFIC INC | TMO | $26.6M | 53,146 | +0.10pp | 5q | +0.6%+$159.4K | |
| SLB LIMITED | SLB | $26.3M | 565,988 | -0.60pp | 6q | -1.2%-$316.3K | |
| BROOKFIELD CORP | BN | $26.2M | 616,181 | +0.22pp | 15q | HELD | |
| AUTOMATIC DATA PROCESSING IN | ADP | $25.9M | 115,688 | +0.47pp | 31q | +1.0%+$261.6K | |
| VISA INC | V | $25.3M | 73,704 | +0.57pp | 26q | +0.8%+$200.4K | |
| FRANCO NEV CORP | FNV | $23.7M | 113,625 | -0.85pp | 31q | HELD | |
| VERISK ANALYTICS INC | VRSK | $23.5M | 130,923 | - | new | NEW | |
| MASTERCARD INCORPORATED | MA | $23.2M | 45,228 | +0.15pp | 26q | +1.2%+$278.4K | |
| ABBOTT LABORATORIES | ABT | $21.7M | 238,903 | -0.22pp | 31q | +7.8%+$1.6M | |
| ROYAL GOLD INC | RGLD | $21.5M | 107,569 | -1.10pp | 31q | HELD | |
| CME GROUP INC | CME | $21.2M | 96,012 | -1.30pp | 31q | +1.0%+$200.5K | |
| FISERV INC | FISV | $20.1M | 409,492 | -0.45pp | 3q | +2.0%+$397.4K | |
| BROOKFIELD ASSET MANAGMT LTD | BAM | $12.8M | 285,378 | +0.01pp | 15q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $7.5M | 10 | +0.32pp | 31q | +25.0%+$1.5M | |
| CLOROX CO DEL | CLX | $7.2M | 75,110 | -0.12pp | 31q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $4.0M | 8,001 | -0.12pp | 31q | -17.1%-$826.1K | |
| MICRON TECHNOLOGY INC | MU | $3.8M | 3,335 | +0.50pp | 31q | HELD | |
| US BANCORP | USB | $3.3M | 54,842 | +0.08pp | 31q | HELD | |
| APPLE INC | AAPL | $2.4M | 8,156 | +0.05pp | 31q | -1.8%-$42.5K | |
| COCA COLA CO | KO | $1.4M | 16,848 | +0.02pp | 31q | HELD | |
| PHILLIPS 66 | PSX | $1.1M | 6,580 | -0.02pp | 31q | HELD | |
| CLEANCORE SOLUTIONS INC | ZONE | $1.0M | 1,253,713 | +0.19pp | 4q | +2081.5%+$980.9K | |
| MICROSOFT CORP | MSFT | $867.4K | 2,325 | flat | 31q | +1.8%+$15.7K | |
| JPMORGAN CHASE & CO | JPM | $827.8K | 2,529 | +0.01pp | 29q | HELD | |
| GENERAL DYNAMICS CORP | GD | $679.4K | 1,918 | flat | 31q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $678.2K | 908 | +0.01pp | 31q | -4.6%-$32.9K | |
| PROCTER & GAMBLE CO | PG | $658.7K | 4,492 | flat | 31q | HELD | |
| CASEYS GEN STORES INC | CASY | $635.8K | 800 | +0.01pp | 2q | HELD | |
| CHEVRON CORPORATION | CVX | $610.3K | 3,682 | -0.03pp | 31q | -2.9%-$18.2K | |
| CISCO SYS INC | CSCO | $587.3K | 5,000 | - | new | NEW | |
| HERSHEY CO | HSY | $564.4K | 3,217 | -0.02pp | 31q | HELD | |
| INVESCO EXCHANGE TRADED FD T | RSP | $513.8K | 2,415 | +0.01pp | 31q | +4.4%+$21.7K | |
| WALMART INC | WMT | $492.7K | 4,350 | - | new | NEW | |
| META PLATFORMS INC | META | $421.9K | 749 | flat | 31q | -1.3%-$5.6K | |
| TESLA INC | TSLA | $410.1K | 975 | +0.01pp | 29q | HELD | |
| MFA FINL INC | MFA | $384.9K | 39,725 | flat | 17q | HELD | |
| PEPSICO INC | PEP | $381.7K | 2,819 | -0.01pp | 30q | HELD | |
| STARBUCKS CORP | SBUX | $233.0K | 2,280 | - | new | NEW | |
| NVIDIA CORPORATION | NVDA | $213.1K | 1,065 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $86.9M | 16.1% |
| Business Services | $68.6M | 12.7% |
| Biotech & Pharma | $57.0M | 10.6% |
| Insurance | $38.5M | 7.2% |
| Capital Markets | $34.0M | 6.3% |
| Retail & Consumer | $30.6M | 5.7% |
| Transport & Logistics | $28.2M | 5.2% |
| Energy | $28.0M | 5.2% |
| Instruments & Controls | $26.6M | 4.9% |
| Real Estate | $26.6M | 4.9% |
| Mining & Metals | $23.7M | 4.4% |
| Holding & Investment | $21.5M | 4.0% |
| Other sectors | $24.1M | 4.5% |
| Not classified | $44.5M | 8.3% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $538.9M | 45 | 5 | 12 | 9 | 1 | 56.6% | 36 |
| Q1 2026 | $536.5M | 41 | 1 | 9 | 10 | 2 | 56.2% | 38 |
| Q4 2025 | $549.1M | 42 | 1 | 12 | 12 | 3 | 56.1% | 40 |
| Q3 2025 | $538.3M | 44 | 1 | 6 | 12 | 0 | 56.3% | 41 |
| Q2 2025 | $501.4M | 43 | 1 | 4 | 15 | 0 | 55.4% | 42 |
| Q1 2025 | $474.1M | 42 | 1 | 11 | 5 | 1 | 57.8% | 44 |
| Q4 2024 | $457.6M | 42 | 0 | 6 | 17 | 0 | 59.5% | 43 |
| Q3 2024 | $445.6M | 42 | 0 | 12 | 9 | 38 | 57.8% | 39 |
| Q2 2024 | $406.2M | 80 | 1 | 17 | 4 | 6 | 58.1% | 38 |
| Q1 2024 | $411.3M | 85 | 3 | 11 | 9 | 16 | 58.6% | 22 |
| Q4 2023 | $382.5M | 98 | 2 | 8 | 9 | 0 | 58.1% | 44 |
| Q3 2023 | $360.5M | 96 | 0 | 11 | 5 | 2 | 59.7% | 34 |
| Q2 2023 | $372.0M | 98 | 0 | 15 | 3 | 1 | 56.4% | 33 |
| Q1 2023 | $349.2M | 99 | 19 | 27 | 10 | 13 | 55.1% | 33 |
| Q4 2022 | $339.0K | 93 | 14 | 15 | 8 | 3 | 55.0% | 31 |
| Q3 2022 | $287.2M | 82 | 12 | 16 | 7 | 2 | 59.6% | 34 |
| Q2 2022 | $310.7M | 72 | 4 | 8 | 8 | 6 | 59.2% | 12 |
| Q1 2022 | $345.7M | 74 | 1 | 8 | 9 | 2 | 60.3% | 26 |
| Q4 2021 | $353.9M | 75 | 2 | 19 | 8 | 9 | 59.8% | 20 |
| Q3 2021 | $328.9M | 82 | 9 | 9 | 21 | 4 | 55.5% | 33 |
| Q2 2021 | $341.4M | 77 | 3 | 19 | 4 | 3 | 54.2% | 27 |
| Q1 2021 | $329.6M | 77 | 2 | 9 | 22 | 2 | 52.8% | 28 |
| Q4 2020 | $330.4M | 77 | 1 | 2 | 31 | 2 | 52.9% | 32 |
| Q3 2020 | $313.1M | 78 | 0 | 6 | 20 | 5 | 54.3% | 15 |
| Q2 2020 | $315.2M | 83 | 0 | 12 | 14 | 1 | 55.0% | 16 |
| Q1 2020 | $275.5M | 84 | 5 | 12 | 24 | 3 | 54.3% | 29 |
| Q4 2019 | $340.3M | 82 | 0 | 7 | 15 | 5 | 53.1% | 36 |
| Q3 2019 | $331.7M | 87 | 0 | 12 | 6 | 0 | 54.5% | 35 |
| Q2 2019 | $329.1M | 87 | 3 | 3 | 23 | 7 | 53.0% | 29 |
| Q1 2019 | $326.1M | 91 | 3 | 9 | 18 | 2 | 51.2% | 22 |
| Q4 2018 | $299.0M | 90 | 0 | 0 | 0 | 0 | 52.7% | 16 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.