# EDGAR Filing Document

**Accession Number:** 0001539996
**File Stem:** 0001162044-23-000144
**Filing Date:** 2023-2
**Character Count:** 16151
**Document Hash:** 94395739948e4a731f0f43aad92d0f58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-23-000144.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001162044-23-000144

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DSS AMERICAFIRST QUANTITATIVE FUNDS
- **CENTRAL INDEX KEY:** 0001539996
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22669
- **FILM NUMBER:** 23576699

**BUSINESS ADDRESS:**
- **STREET 1:** 9700 VILLAGE CENTER DRIVE
- **STREET 2:** SUITE 50-N
- **CITY:** GRANITE BAY
- **STATE:** CA
- **ZIP:** 95746
- **BUSINESS PHONE:** 916-757-6862

**MAIL ADDRESS:**
- **STREET 1:** 9700 VILLAGE CENTER DRIVE
- **STREET 2:** SUITE 50-N
- **CITY:** GRANITE BAY
- **STATE:** CA
- **ZIP:** 95746

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAFIRST QUANTITATIVE FUNDS
- **DATE OF NAME CHANGE:** 20120119

## Series and Classes Contracts Data

### DSS AmericaFirst Monthly Risk-On Risk-Off Fund (Series ID: S000036988)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000113168 | DSS AmericaFirst Monthly Risk-On Risk-Off Fund Class A | ABRFX           |
| C000113169 | DSS AmericaFirst Monthly Risk-On Risk-Off Fund Class U | ABRUX           |
| C000113170 | DSS AmericaFirst Monthly Risk-On Risk-Off Fund Class I | ABRWX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** DSS AMERICAFIRST QUANTITATIVE FUNDS

- **b. Investment Company Act file number:** 811-22669

- **c. CIK number of Registrant:** 0001539996

- **d. LEI of Registrant:** 549300KFIJ1ZWDPJB360

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 9700 Village Center Drive

  - **City:** Granite Bay

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 95746

  - **Telephone number:** 916-787-9940

**Item A.2. Information about the Series.**

- **a. Name of Series:** AmericaFirst Monthly Risk-On Risk-Off Fund

- **b. EDGAR series identifier (if any):** S000036988

- **c. LEI of Series:** 5493004NDZ0MYDSQM790

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $6310533.04

**Total Liabilities:** $26503.91

**Net Assets:** $6284029.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000113168 | 5.83%                | 2.25%                | -2.53%               |
| Class ID C000113169 | 5.82%                | 2.22%                | -2.52%               |
| Class ID C000113170 | 5.94%                | 2.39%                | -2.41%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-13.32                  | $373244.47                                 |
| Month 2  | $-46887.48               | $193833.54                                 |
| Month 3  | $2.86                    | $-170270.84                                |

### Schedule of Portfolio Investments

| Name                              | Title                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Woodmark Corp.           | American Woodmark Corp.                 | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      1400 | NS      | $68404.00     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corp.           | AmerisourceBergen Corp.                 | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      1041 | NS      | $172504.11    | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Ceridian HCM Holding Inc.         | Ceridian HCM Holding Inc.               | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |      2260 | NS      | $144979.00    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.         | Church & Dwight Co., Inc.               | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      2179 | NS      | $175649.19    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical, Inc.    | Collegium Pharmaceutical, Inc.          | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |      8796 | NS      | $204067.20    | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| The Select Sector SPDR Trust      | Consumer Staples Select SPDR Fund       | CUSIP: 81369Y308<br>LEI: 549300Z52QUV3UXHLA68 | Long             | EC               | RF                | US        |      2382 | NS      | $177578.10    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd.                   | Dorian LPG Ltd.                         | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |      3544 | NS      | $67158.80     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.              | Eastman Chemical Co.                    | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      1970 | NS      | $160436.80    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ebix, Inc.                        | Ebix, Inc.                              | CUSIP: 278715206<br>LEI: 549300DHXVZR5SW5QR44 | Long             | EC               | CORP              | US        |      3287 | NS      | $65608.52     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc.        | Ethan Allen Interiors Inc.              | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2484 | NS      | $65627.28     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations, Inc.  | Fortune Brands Innovations, Inc.        | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      2170 | NS      | $123928.70    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.               | General Mills, Inc.                     | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      1999 | NS      | $167616.15    | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc.                        | Graco Inc.                              | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |      2389 | NS      | $160684.14    | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp.             | Hanmi Financial Corp.                   | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |      2415 | NS      | $59771.25     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Haverty Furniture Companies, Inc. | Haverty Furniture Companies, Inc.       | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |      2439 | NS      | $72926.10     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| The Select Sector SPDR Trust      | The Health Care Select Sector SPDR Fund | CUSIP: 81369Y209<br>LEI: 549300EJNY3KKJHPOY44 | Long             | EC               | RF                | US        |      1312 | NS      | $178235.20    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco DB US Dollar Index Trust  | Invesco DB US Dollar Index Bullish Fund | CUSIP: 46141D203<br>LEI: N/A                  | Long             | EC               | RF                | US        |     17228 | NS      | $479110.68    | 7.62%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.       | L3Harris Technologies, Inc.             | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |       665 | NS      | $138459.65    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax, Inc.                   | MarineMax, Inc.                         | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |      1959 | NS      | $61159.98     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings, Inc.        | MarketAxess Holdings, Inc.              | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |       561 | NS      | $156457.29    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterBrand, Inc.                 | MasterBrand, Inc.                       | CUSIP: 57638P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2170 | NS      | $16383.50     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                    | McKesson Corp.                          | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       421 | NS      | $157925.52    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp.                     | Nordson Corp.                           | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |       745 | NS      | $177101.40    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                     | PepsiCo, Inc.                           | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       894 | NS      | $161510.04    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp.          | Perdoceo Education Corp.                | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |      5568 | NS      | $77395.20     | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Proshares Trust                   | ProShares Short MSCI EAFE               | CUSIP: 74347R370<br>LEI: N/A                  | Long             | EC               | RF                | US        |     23280 | NS      | $465600.00    | 7.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Proshares Trust                   | ProShares Short S&P 500                 | CUSIP: 74347B425<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |     32263 | NS      | $517175.89    | 8.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International, Inc.           | RPM International, Inc.                 | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      1967 | NS      | $191684.15    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Resources Connection, Inc.        | Resources Connection, Inc.              | CUSIP: 76122Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3461 | NS      | $63613.18     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins, Inc.                     | Rollins, Inc.                           | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |      5608 | NS      | $204916.32    | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                 | SPDR Bloomberg High Yield Bond ETF      | CUSIP: 78464A417<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | CORP              | US        |      5761 | NS      | $518490.00    | 8.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Seneca Foods Corp.                | Seneca Foods Corp. Class A              | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1022 | NS      | $62290.90     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market, Inc.      | Sprouts Farmers Market, Inc.            | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      5627 | NS      | $182145.99    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                    | The Kroger Co.                          | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      3439 | NS      | $153310.62    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc.                      | Trimble Inc.                            | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      2381 | NS      | $120383.36    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector SPDR Trust          | Utilities Select Sector SPDR Fund       | CUSIP: 81369Y886<br>LEI: 549300ERQDM80PRYUH21 | Long             | EC               | RF                | US        |      2580 | NS      | $181890.00    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp.          | Zebra Technologies Corp. Class A        | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |       641 | NS      | $164358.81    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** AmericaFirst Quantitative Funds

**Signature:** /s/ Rick Gonsalves

**Name of Signer:** Rick Gonsalves

**Title:** Trustee and President