# EDGAR Filing Document

**Accession Number:** 0001103243
**File Stem:** 0001103243-26-000061
**Filing Date:** 2026-4
**Character Count:** 7985
**Document Hash:** 4d5545bee8fe96f9935da3c13ebf2849
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001103243-26-000061.hdr.sgml**: 20260416

**ACCESSION NUMBER**: 0001103243-26-000061

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260416

**DATE AS OF CHANGE**: 20260416

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PFS FUNDS
- **CENTRAL INDEX KEY:** 0001103243

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09781
- **FILM NUMBER:** 26866021

**BUSINESS ADDRESS:**
- **STREET 1:** 1939 FRIENDSHIP DRIVE
- **STREET 2:** STE C
- **CITY:** EL CAJON
- **STATE:** CA
- **ZIP:** 92020
- **BUSINESS PHONE:** 6185889700

**MAIL ADDRESS:**
- **STREET 1:** 1939 FRIENDSHIP DRIVE
- **STREET 2:** STE C
- **CITY:** EL CAJON
- **STATE:** CA
- **ZIP:** 92020

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PREMIER FUNDS TRUST
- **DATE OF NAME CHANGE:** 20100119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WIRELESS FUND
- **DATE OF NAME CHANGE:** 20000113

## Series and Classes Contracts Data

### Potomac Tactical Opportunities Fund (Series ID: S000068709)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000219679 | Potomac Tactical Opportunities Fund | CRTOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PFS Funds

- **b. Investment Company Act file number:** 811-09781

- **c. CIK number of Registrant:** 0001103243

- **d. LEI of Registrant:** 549300QPH5FGDXI8HN15

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

  - **Street Address 1:** 1939 FRIENDSHIP DRIVE STE C

  - **City:** EL CAJON

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92020

  - **Telephone number:** 6195889700

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

- **a. Name of Series:** Potomac Tactical Opportunities Fund

- **b. EDGAR series identifier (if any):** S000068709

- **c. LEI of Series:** 5493000SLMKDUD0NEP61

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $199160881.79

**Total Liabilities:** $229213.33

**Net Assets:** $198931668.46

**Cash Not Reported:** $10513335.32

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219679 | 2.62%                | 0.00%                | -0.44%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2608680.16              | $-1978785.57                               |
| Month 2  | $-3208482.67             | $6540326.88                                |
| Month 3  | $6532271.66              | $-6739587.60                               |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** S&P500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARK ETF Trust                               | ARK Innovation ETF                                            | CUSIP: 00214Q104<br>LEI: 254900636IK9WKHH6949 | Long             | EC               | RF                | US        |    176624 | NS      | $13585918.08  | 6.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BondBloxx ETF Trust                         | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | CUSIP: 09789C788<br>LEI: N/A                  | Long             | EC               | RF                | US        |    541345 | NS      | $27202586.25  | 13.67%            |  |  |  | No            |                  1 | On Loan: No      |
| Global X Funds                              | Global X Silver Miners ETF                                    | CUSIP: 37954Y848<br>LEI: 549300W0XPL6JJ7JYT05 | Long             | EC               | RF                | US        |    163889 | NS      | $13688009.28  | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Funds                              | Global X SuperDividend ETF                                    | CUSIP: 37960A669<br>LEI: 549300WHBWBK1U3N4G54 | Long             | EC               | RF                | US        |    584970 | NS      | $14056829.10  | 7.07%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                               | iShares Latin America 40 ETF                                  | CUSIP: 464287390<br>LEI: 549300LU9LZBB8WGN795 | Long             | EC               | RF                | US        |    459796 | NS      | $14000788.20  | 7.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                               | iShares Biotechnology ETF                                     | CUSIP: 464287556<br>LEI: 549300S7IVD88MPK0066 | Long             | EC               | RF                | US        |     81760 | NS      | $13798635.20  | 6.94%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                               | iShares 0-3 Month Treasury Bond ETF                           | CUSIP: 46436E718<br>LEI: 549300L2T50TTT4U6186 | Long             | EC               | RF                | US        |    302006 | NS      | $30315362.28  | 15.24%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                           | State Street SPDR S&P Metals & Mining ETF                     | CUSIP: 78464A755<br>LEI: 5493008LMBT3IECLIE27 | Long             | EC               | RF                | US        |    131633 | NS      | $13638495.13  | 6.86%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional Investment Trust | STATE STREET INST U.S. GOVERNMENT MMKT PREM CLASS             | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  33327368 | NS      | $33327368.40  | 16.75%            |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust                            | VanEck Semiconductor ETF                                      | CUSIP: 92189F676<br>LEI: 549300MJTG2N9QRH7I02 | Long             | EC               | RF                | US        |     38939 | NS      | $14023102.07  | 7.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                 | E-Mini NASDAQ 100 Futures March 26                            | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |       285 | NC      | $-127433.76   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-15

**Name of Applicant:** PFS Funds

**Signature:** Jeffrey R. Provence

**Name of Signer:** Jeffrey R. Provence

**Title:** Secretary and Treasurer