# EDGAR Filing Document

**Accession Number:** 0000764859
**File Stem:** 0001752724-23-074849
**Filing Date:** 2023-3
**Character Count:** 19585
**Document Hash:** 0a41fb90420027cdb6c92866b8c26597
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-074849.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001752724-23-074849

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN PENSION INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000764859
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04262
- **FILM NUMBER:** 23783695

**BUSINESS ADDRESS:**
- **STREET 1:** 106 ANNJO COURT
- **STREET 2:** SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551
- **BUSINESS PHONE:** 434-846-1361

**MAIL ADDRESS:**
- **STREET 1:** 106 ANNJO COURT
- **STREET 2:** SUITE A
- **CITY:** FOREST
- **STATE:** VA
- **ZIP:** 24551

## Series and Classes Contracts Data

### Yorktown Capital Appreciation Fund (Series ID: S000008425)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000023128 | Class L Shares             | AFDDX           |
| C000023129 | Institutional Class Shares | AFAAX           |
| C000023130 | Class A Shares             | APIGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Pension Investors Trust

- **b. Investment Company Act file number:** 811-04262

- **c. CIK number of Registrant:** 0000764859

- **d. LEI of Registrant:** 549300XN7GOBVVCYXP64

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

  - **Street Address 1:** 2303 Yorktown Ave.

  - **City:** Lynchburg

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 24501

  - **Telephone number:** 434-846-1361

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

- **a. Name of Series:** YORKTOWN CAPITAL APPRECIATION FUND

- **b. EDGAR series identifier (if any):** S000008425

- **c. LEI of Series:** 5493001V87VXVQC6WY50

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

- **a. Date of fiscal year-end:** 2023-01-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $9278584.52

**Total Liabilities:** $31540.76

**Net Assets:** $9247043.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000023129 | -2.44%               | -8.31%               | 15.63%               |
| Class ID C000023130 | -8.07%               | -13.55%              | 8.90%                |
| Class ID C000023128 | -2.51%               | -8.36%               | 15.47%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-977080.34              | $770194.19                                 |
| Month 2  | $-115859.72              | $-640607.05                                |
| Month 3  | $-7916.66                | $1279058.91                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Teledyne Technologies Inc                 | Teledyne Technologies, Inc.               | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |       567 | NS      | $240555.42    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Incorporation             | PayPal Holdings, Inc.                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      2220 | NS      | $180907.80    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagerduty Inc                             | PagerDuty, Inc.                           | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |      6650 | NS      | $198103.50    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                              | NVIDIA Corp.                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      1065 | NS      | $208069.05    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health Inc                        | Teladoc Health, Inc.                      | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |      6300 | NS      | $185220.00    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                  | Crowdstrike Holdings, Inc.                | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1160 | NS      | $122844.00    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                          | Amazon.com, Inc.                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      1500 | NS      | $154695.00    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                | Intuit, Inc.                              | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       439 | NS      | $185552.13    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Grab Holdings Limited                     | Grab Holdings Ltd.                        | CUSIP: G4124C109<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               | CORP              | KY        |     52000 | NS      | $197080.00    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                               | Trimble, Inc.                             | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      3000 | NS      | $174180.00    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                 | Chewy, Inc.                               | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |      3650 | NS      | $164469.00    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.                   | Spotify Technology SA                     | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      1630 | NS      | $183733.60    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneco Ltd                               | StoneCo Ltd.                              | CUSIP: G85158106<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |     15700 | NS      | $175212.00    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Roblox Corporation                        | ROBLOX Corp.                              | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6780 | NS      | $252283.80    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                             | Alphabet, Inc.                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1700 | NS      | $168028.00    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                | Airbnb, Inc.                              | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      1632 | NS      | $181331.52    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Nano Dimnsion Ltd                         | Nano Dimension Ltd.                       | CUSIP: 63008G203<br>LEI: 529900VO8AZA0A4ZUM77 | Long             | EC               | CORP              | IL        |     57800 | NS      | $159528.00    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                         | Veeva Systems, Inc.                       | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |       760 | NS      | $129618.00    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc. | Kratos Defense & Security Solutions, Inc. | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     13064 | NS      | $149582.80    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Global E Online Ltd                       | Global-e Online Ltd.                      | CUSIP: M5216V106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      6530 | NS      | $195704.10    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                              | Synopsys, Inc.                            | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |       720 | NS      | $254700.00    | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                             | Teradyne, Inc.                            | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      1854 | NS      | $188551.80    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc New                        | DraftKings, Inc.                          | CUSIP: 26142V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11560 | NS      | $173284.40    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Elbit Systems Ltd                         | Elbit Systems Ltd.                        | CUSIP: M3760D101<br>LEI: 529900Q9CB1REUMZSS32 | Long             | EC               | CORP              | IL        |      1030 | NS      | $174255.40    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                         | ASML Holding NV - NY Reg Shares           | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       283 | NS      | $187017.72    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment, Inc.                       | Aerovironment, Inc.                       | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      1994 | NS      | $177406.18    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                             | Snowflake, Inc.                           | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      1120 | NS      | $175212.80    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilon Health Inc                         | agilon health Inc.                        | CUSIP: 00857U107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7925 | NS      | $172448.00    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                        | Trade Desk, Inc./The                      | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |      3580 | NS      | $181506.00    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                   | Intuitive Surgical, Inc.                  | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       900 | NS      | $221121.00    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Video Communications Inc             | Zoom Video Communications, Inc.           | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |      1890 | NS      | $141750.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Bill Com Holdings Inc                     | Bill.com Holdings, Inc.                   | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |      1340 | NS      | $154930.80    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Holdings Ltd.                          | NU Holdings Ltd./Cayman Islands           | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     31700 | NS      | $147405.00    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                        | Royalty Pharma PLC                        | CUSIP: G7709Q104<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |      5370 | NS      | $210450.30    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                     | Robinhood Markets, Inc.                   | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     17900 | NS      | $186339.00    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Limited                     | Genius Sports Ltd.                        | CUSIP: G3934V109<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |     43600 | NS      | $239364.00    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc             | Intercontinental Exchange, Inc.           | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      2100 | NS      | $225855.00    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.              | Iridium Communications, Inc.              | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |      3850 | NS      | $230384.00    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercadolibre Inc                          | MercadoLibre, Inc.                        | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       204 | NS      | $241064.76    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                  | Adyen NV                                  | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |     10975 | NS      | $165064.00    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corporation                | Exact Sciences Corp.                      | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |      6360 | NS      | $429427.20    | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | Huntington Conservative Deposit Account   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    456951 | PA      | $456951.44    | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                               | Coupang, Inc.                             | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |      8410 | NS      | $142044.90    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                  | Etsy, Inc.                                | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |      1566 | NS      | $215450.28    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                     | Uber Technologies, Inc.                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      7080 | NS      | $218984.40    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                               | Workday, Inc.                             | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |       900 | NS      | $163287.00    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavor Group Holdings Inc               | Endeavor Group Holdings, Inc.             | CUSIP: 29260Y109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $157010.00    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** American Pension Investors Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller