# EDGAR Filing Document

**Accession Number:** 0001539996
**File Stem:** 0001162044-25-000921
**Filing Date:** 2025-8
**Character Count:** 12141
**Document Hash:** 7d590de926ac7a932d93068bd708e65b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-25-000921.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001162044-25-000921

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DSS AMERICAFIRST FUNDS
- **CENTRAL INDEX KEY:** 0001539996

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22669
- **FILM NUMBER:** 251268741

**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:** DSS AMERICAFIRST QUANTITATIVE FUNDS
- **DATE OF NAME CHANGE:** 20211112

**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 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:** DSS 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:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $4599118.04

**Total Liabilities:** $35369.32

**Net Assets:** $4563748.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000113168 | -1.50%               | 3.81%                | 5.94%                |
| Class ID C000113169 | -1.54%               | 3.80%                | 5.82%                |
| Class ID C000113170 | -1.49%               | 3.81%                | 5.89%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-78754.24               | $14824.46                                  |
| Month 2  | $2621.48                 | $159770.34                                 |
| Month 3  | $-8450.29                | $267735.29                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Agnico Eagle Mines Ltd.                               | Agnico Eagle Mines Ltd.             | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      1753 | NS      | $208484.29    | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                      | Amazon.com, Inc.                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       558 | NS      | $122419.62    | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                | BWX Technologies, Inc.              | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |       335 | NS      | $48260.10     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp.                                    | Barrick Gold Corp.                  | CUSIP: 069701108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     11245 | NS      | $234120.90    | 5.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                              | Bristol-Myers Squibb Co.            | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      1530 | NS      | $70823.70     | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                        | Broadcom, Inc.                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       182 | NS      | $50168.30     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                                 | Deckers Outdoor Corp.               | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |       890 | NS      | $91732.30     | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom, Inc.                                          | DexCom, Inc.                        | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      1879 | NS      | $164017.91    | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Institutional Prime Obligations Fund | Federated Prime Obligations         | CUSIP: 60934N203<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1429830 | NS      | $1429829.86   | 31.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.                   | Huntington Ingalls Industries, Inc. | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      1084 | NS      | $261742.64    | 5.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                                  | Meta Platforms, Inc. Class A        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       145 | NS      | $107023.05    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology, Inc.                               | Micron Technology, Inc.             | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      3032 | NS      | $373694.00    | 8.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                          | NVIDIA Corp.                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      1383 | NS      | $218500.17    | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                         | Newmont Corp.                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      3014 | NS      | $175595.64    | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextracker, Inc.                                      | Nextracker, Inc.                    | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1185 | NS      | $64428.45     | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Holdings Ltd.                                      | Nu Holdings Ltd.                    | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |      9936 | NS      | $136321.92    | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp.                                   | NuScale Power Corp.                 | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2292 | NS      | $90671.52     | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                          | Oracle Corp.                        | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       594 | NS      | $129866.22    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp.                                  | Peabody Energy Corp.                | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |     11005 | NS      | $147687.10    | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics, Inc.                                 | TG Therapeutics, Inc.               | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |      1822 | NS      | $65573.78     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Co.                                        | The Boeing Co.                      | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |       413 | NS      | $86535.89     | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                              | UnitedHealth Group, Inc.            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       319 | NS      | $99518.43     | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Verona Pharma plc                                     | Verona Pharma plc                   | CUSIP: 925050106<br>LEI: 213800EVI6O6J3TIAL06 | Long             | EC               | CORP              | GB        |      1539 | NS      | $145558.62    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** AmericaFirst Quantitative Funds

**Signature:** /s/ Jason Grady

**Name of Signer:** Jason Grady

**Title:** President