# EDGAR Filing Document

**Accession Number:** 0000803016
**File Stem:** 0001398344-25-021149
**Filing Date:** 2025-11
**Character Count:** 20432
**Document Hash:** c6c48e7c335ffceb1d268c07afe37082
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-021149.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001398344-25-021149

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CALIFORNIA FIRST LEASING CORP
- **CENTRAL INDEX KEY:** 0000803016
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]

**ORGANIZATION NAME:**
- **EIN:** 330964185
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23782
- **FILM NUMBER:** 251506375

**BUSINESS ADDRESS:**
- **STREET 1:** 5000 BIRCH STREET, SUITE 500
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-255-0500

**MAIL ADDRESS:**
- **STREET 1:** 5000 BIRCH STREET, SUITE 500
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA FIRST LEASING Corp
- **DATE OF NAME CHANGE:** 20220203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA FIRST LEASING CORP
- **DATE OF NAME CHANGE:** 20220203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA FIRST NATIONAL BANCORP
- **DATE OF NAME CHANGE:** 20010608

## Nport-Ex

**California First Leasing Corporation**

**Statement of Investments**

**As of September 30, 2025**

---

| | | | |
|:---|:---|:---|:---|
| **Industry-- Percent of Net Assets** | **Company** | **Shares** | **Market Value** |
| **<u>Common Stocks-- 94.47%</u>** |  |  |  |
| Auto & Truck Dealerships-- 1.25% | LITHIA MTRS INC | 10759 | $3399844 |
| Auto Parts-- 1.32% | ALLISON TRANSMISSION | 42290 | 3589575 |
| Banks - Diversified-- 6.02% | WELLS FARGO & CO NEW | 106400 | 8918448 |
|  | BANK OF AMERICA CORP | 117500 | 6061825 |
|  | JPMORGAN CHASE & CO | 4380 | 1381583 |
|  |  |  | 16361856 |
| Banks - Regional-- 0.68% | BANCORP INC DEL (1) | 24701 | 1849858 |
| Capital Markets-- 6.79% | GOLDMAN SACHS GROUP INC | 23200 | 18475320 |
| Credit Services-- 1.58% | PAYPAL HOLDINGS INC (1) | 55550 | 3725183 |
|  | CREDIT ACCEPTANCE CORP (1) | 1220 | 569655 |
|  |  |  | 4294838 |
| Education & Training Services-- 0.92% | STRIDE INC (1) | 16885 | 2514852 |
| Engineering & Construction-- 3.78% | COMFORT SYS USA INC | 8720 | 7195570 |
|  | EMCOR GROUP INC | 4748 | 3084016 |
|  |  |  | 10279586 |
| Entertainment-- 1.17% | NETFLIX.COM INC (1) | 2650 | 3177138 |
| Footwear & Accessories-- 0.98% | ON HOLDING AG (1) | 63100 | 2672285 |
| Healthcare Plans-- 3.57% | THE CIGNA GROUP | 30710 | 8852158 |
|  | UNITEDHEALTH GROUP | 2489 | 859452 |
|  |  |  | 9711609 |
| Information Tech Services-- 1.34% | LEIDOS HOLDINGS INC | 19231 | 3633890 |
| Insurance - Diversified-- 0.62% | BERKSHIRE HATHAWAY INC (1) | 3364 | 1691217 |
| Insurance - Reinsurance-- 1.00% | EVEREST GROUP LTD | 7740 | 2710780 |
| Internet Content & Information-- 14.90% | ALPHABET INC | 105100 | 25549810 |
|  | META PLATFORMS INC | 17739 | 13027167 |
|  | FIVERR INTL LTD (1) | 79610 | 1943280 |
|  |  |  | 40520257 |
| Internet Retail-- 0.32% | ALIBABA GRP HLDG LTD ADR | 4900 | 875777 |
| Medical Instruments & Supplies-- 1.90% | ALIGN TECH INC (1) | 41260 | 5166577 |
| Oil & Gas Equipment & Services-- 1.63% | SCHLUMBERGER LTD | 129000 | 4433730 |
| Oil & Gas Integrated-- 6.67% | EXXON MOBIL CORP | 160800 | 18130200 |
| Resorts & Casinos-- 1.30% | VAIL RESORTS INC | 23708 | 3546006 |
| Scientific & Technical Instruments-- 1.23% | ITRON INC (1) | 26950 | 3356892 |
| Semiconductor Equipment & Materials-- 6.99% | APPLIED MATERIALS INC | 92836 | 19007243 |
| Semiconductors-- 19.91% | MICRON TECHNOLOGY INC | 86400 | 14456448 |
|  | MARVELL TECHNOLOGY INC | 130800 | 10996356 |
|  | TAIWAN SEMICONDUCTOR | 36550 | 10208050 |
|  | QUALCOMM INC | 58650 | 9757014 |
|  | ADVANCED MICRO (1) | 54000 | 8736660 |
|  |  |  | 54154528 |
| Software - Infrastructure-- 3.90% | ZETA GLOBAL HOLDINGS (1) | 201163 | 3997109 |
|  | TWILIO INC (1) | 36200 | 3623258 |
|  | DIGITALOCEAN HOLDINGS (1) | 87600 | 2992416 |
|  |  |  | 10612783 |
| Specialty Chemicals-- 1.55% | DUPONT DE NEMOURS | 53940 | 4201926 |
| Telecom Services-- 1.25% | CHARTER COMMUNICATIONS (1) | 12382 | 3406350 |
| Thermal Coal-- 0.87% | CORE NAT RES INC | 28200 | 2354136 |
| Tobacco-- 1.02% | BRITISH AMERN TOB PLC | 52500 | 2786700 |
|  | **Total Common Stocks** |  | $256915752 |
| **Exchange Traded Funds-- 5.95%** |  |  |  |
| Small-Cap Core-- 2.64% | ISHARES RUSSELL 2000 ETF | 29705 | 7187422 |
| Commodities-- 3.31% | ISHARES ETHEREUM TR ETF (1) | 192900 | 6078279 |
|  | ISHARES BITCOIN TR ETF (1) | 45000 | 2925000 |
|  |  |  | 9003279 |
|  | **Total Exchange Traded Funds** |  | $16190701 |
| **Short-Term Investments-- 8.15%** |  |  |  |
| Money Market-- 8.15% | Fidelity MM Treasury Portfolio (4.05%)\*\* |  | 3784300 |
|  | JPMorgan Prime Money Market (4.14%)\*\* |  | 18387362 |
|  | **Total Short-term Investments** |  | $22171662 |
|  | **Total Investments** |  | $295278115 |
|  | **Net Assets at September 30, 2025** |  | $271940598 |

---

(1) Non-income
producing security

\*\* Rate is the annualized seven-day yield of the fund at period end.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** CALIFORNIA FIRST LEASING CORP

- **b. Investment Company Act file number:** 811-23782

- **c. CIK number of Registrant:** 0000803016

- **d. LEI of Registrant:** 894500AUBHBFB3137873

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

  - **Street Address 1:** 5000 BIRCH STREET

  - **City:** NEWPORT BEACH

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** 949-255-0500

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

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $301927652.00

**Total Liabilities:** $29987054.00

**Net Assets:** $271940598.00

**Cash Not Reported:** $22829160.00

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 3.36%                | 1.03%                | -0.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $21959.00                | $16829565.00                               |
| Month 2  | $0.00                    | $-5065089.00                               |
| Month 3  | $0.00                    | $-1747383.00                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADVANCED MICRO           | COM              | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     54000 | NS      | $8736660.00   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GRP HLDG LTD ADR | SPONSORED ADS    | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |      4900 | NS      | $875777.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGN TECH INC           | COM              | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     41260 | NS      | $5166577.20   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION     | COM              | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     42290 | NS      | $3589575.20   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC      VOTING | CAP STK CL A     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    105100 | NS      | $25549810.00  | 9.39%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC    | COM              | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     92836 | NS      | $19007242.64  | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCORP INC DEL          | COM              | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |     24701 | NS      | $1849857.89   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP     | COM              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    117500 | NS      | $6061825.00   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC   | CL B NEW         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      3364 | NS      | $1691217.36   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERN TOB PLC    | SPONSORED ADR    | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     52500 | NS      | $2786700.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS   | CL A             | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     12382 | NS      | $3406350.11   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYS USA INC      | COM              | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      8720 | NS      | $7195569.60   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NAT RES INC         | COM              | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     28200 | NS      | $2354136.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT ACCEPTANCE CORP   | COM              | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1220 | NS      | $569654.60    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALOCEAN HOLDINGS    | COM              | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |     87600 | NS      | $2992416.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DUPONT DE NEMOURS        | COM              | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     53940 | NS      | $4201926.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC          | COM              | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      4748 | NS      | $3084015.92   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EVEREST GROUP LTD        | COM              | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      7740 | NS      | $2710780.20   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP         | COM              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    160800 | NS      | $18130200.00  | 6.67%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVERR INTL LTD          | ORD SHS          | CUSIP: M4R82T106<br>LEI: 549300Z8OREY6THCPF67 | Long             | EC               | CORP              | IL        |     79610 | NS      | $1943280.10   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC  | COM              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     23200 | NS      | $18475320.00  | 6.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES BITCOIN TR   ETF | SHS BEN INT      | CUSIP: 46438F101<br>LEI: 529900YDSWTI8DQ5WI43 | Long             | COMM             | RF                | US        |     45000 | NS      | $2925000.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES ETHEREUM TR  ETF | SHS              | CUSIP: 46438R105<br>LEI: 529900M7AJ6IYSU9SP67 | Long             | COMM             | RF                | US        |    192900 | NS      | $6078279.00   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES RUSSELL 2000 ETF | Russell 2000 ETF | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |     29705 | NS      | $7187421.80   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ITRON INC                | COM              | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     26950 | NS      | $3356892.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO      | COM              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4380 | NS      | $1381583.40   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HOLDINGS INC      | COM              | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     19231 | NS      | $3633889.76   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| LITHIA MTRS INC          | COM              | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     10759 | NS      | $3399844.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC   | COM              | CUSIP: 573874104<br>LEI: 254900KSAN8UAG2DJC37 | Long             | EC               | CORP              | US        |    130800 | NS      | $10996356.00  | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC       | CL A             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     17739 | NS      | $13027166.82  | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC    | COM              | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     86400 | NS      | $14456448.00  | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX.COM INC          | COM              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2650 | NS      | $3177138.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ON HOLDING AG            | NAMEN AKT A      | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |     63100 | NS      | $2672285.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS INC      | COM              | CUSIP: 70450Y103<br>LEI: LBQ3CAGQB6M55WHL3G85 | Long             | EC               | CORP              | US        |     55550 | NS      | $3725183.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC             | COM              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     58650 | NS      | $9757014.00   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHLUMBERGER LTD         | COM              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    129000 | NS      | $4433730.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIDE INC               | COM              | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     16885 | NS      | $2514851.90   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR     | Sponsored ADS    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     36550 | NS      | $10208049.50  | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP          | COM              | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     30710 | NS      | $8852157.50   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC               | CL A             | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     36200 | NS      | $3623258.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP       | COM              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2489 | NS      | $859451.70    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| VAIL RESORTS INC         | COM              | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     23708 | NS      | $3546005.56   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO NEW     | COM              | CUSIP: 949746101<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | EC               | CORP              | US        |    106400 | NS      | $8918448.00   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ZETA GLOBAL HOLDINGS     | CL A             | CUSIP: 98956A105<br>LEI: 2549008P9XSJQHGQ9S27 | Long             | EC               | CORP              | US        |    201163 | NS      | $3997108.81   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-21

**Name of Applicant:** CALIFORNIA FIRST LEASING CORP

**Signature:** /s/ S. LESLIE JEWETT

**Name of Signer:** S. LESLIE JEWETT

**Title:** CFO