America First Investment Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), America First Investment Advisors, LLC reported 80 stock positions worth $406.2 million. Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 7.4% of the portfolio, followed by Palantir Technologies Class A (PLTR, 7.4%) and Amazon.com (AMZN, 6.9%). Compared with Q1 2024, it opened 1 new position, sold out of 6, added to 19 and reduced 6. The biggest buy was Pfizer (PFE, shares +9%) and the biggest sale WR Berkley (WRB, shares −0%).

Most Recent 13F
Q2 2026
Location
OMAHA, NE
CIK
0001308778
Portfolio Value
$406.2M (Q2 2024)
SEC Filing
0001308778-24-000003 ↗ filed Aug 7, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $411.3M Q1 2024 Q2 2024: $406.2M $406.2M Q2 2024 Q3 2024: $445.6M Q3 2024 Q4 2024: $457.6M Q4 2024 Q1 2025: $474.1M Q1 2025 Q2 2025: $501.4M Q2 2025 Q3 2025: $538.3M Q3 2025 Q4 2025: $549.1M Q4 2025 Q1 2026: $536.5M Q1 2026 Q2 2026: $538.9M Q2 2026

Holdings 80 stocks · $406.2M
SHY iShares 1-3 Year Treasury Bo 7.45% 370,486 $30.3M Add +2.8%
PLTR Palantir Technologies Inc. Class A 7.39% 1,185,242 $30.0M Reduce -3.1%
AMZN Amazon.com Inc. 6.88% 144,717 $28.0M Reduce -5.2%
GOOGL Alphabet Inc. Class A 6.26% 139,599 $25.4M Reduce -24.8%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 5.50% 284,155 $22.3M Reduce -0.3%
ADP Automatic Data Processing 5.18% 88,237 $21.1M Add +1.4%
RGLD Royal Gold Inc. 5.04% 163,657 $20.5M Add +1.0%
MA Mastercard Inc. Class A 4.90% 45,073 $19.9M Add +2.0%
BN Brookfield Corp. 4.76% 465,127 $19.3M Add +1.7%
V Visa Inc. Class A 4.74% 73,424 $19.3M Add +2.3%
ABT Abbott Laboratories 4.70% 183,631 $19.1M Add +6.8%
CME Cme Group Inc. 4.64% 95,780 $18.8M Add +3.0%
FNV Franco-Nevada Corp. 4.52% 155,048 $18.4M Add +3.3%
ENB Enbridge Inc. 4.49% 512,144 $18.2M Add +4.9%
JNJ Johnson & Johnson 4.46% 123,996 $18.1M Add +10.9%
BAM Brookfield Asset Mgmt-A 4.33% 461,916 $17.6M Add +8.1%
PFE Pfizer Inc. 4.23% 614,276 $17.2M Add +9.3%
BRK.A Berkshire Hathaway Inc. Class A 2.71% 18 $11.0M No change
CLX Clorox Company 2.52% 75,110 $10.3M No change
BRK.B Berkshire Hathaway Inc. Class B 1.07% 10,645 $4.3M Reduce -0.2%
USB US Bancorp 0.56% 56,922 $2.3M No change
GHI Greystone Housing Impact Inv 0.42% 116,538 $1.7M Add +0.4%
AAPL Apple Inc. 0.41% 7,998 $1.7M No change
MSFT Microsoft Corp. 0.28% 2,569 $1.1M No change
KO The Coca-Cola Co. 0.26% 16,848 $1.1M No change
PSX Phillips 66 0.25% 7,080 $999K No change
PG The Procter & Gamble Co. 0.18% 4,492 $741K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.15% 1,107 $602K Add +0.2%
HSY The Hershey Co. 0.15% 3,217 $591K No change
CVX Chevron Corp. 0.14% 3,748 $586K No change
GD General Dynamics Corp. 0.14% 1,918 $556K No change
JPM JPMorgan Chase & Co. 0.13% 2,529 $512K No change
PEP Pepsico Inc. 0.11% 2,819 $465K No change
MU Micron Technology Inc. 0.11% 3,335 $439K No change
RSP Invesco S&P 500 Equal Weight 0.11% 2,607 $428K Add +2.6%
MFA Mfa Financial Inc. 0.09% 32,501 $346K No change
QQQ Invesco QQQ Trust Series 1 0.08% 648 $310K No change
TSLA Tesla Inc. 0.07% 1,523 $301K Add +37.2%
LLY Eli Lilly & Co. 0.07% 301 $273K No change
ORCL Oracle Corp. 0.06% 1,631 $230K No change
META Meta Platforms Inc. Class A 0.05% 440 $222K No change
MRK Merck & Co. Inc. 0.04% 1,163 $144K Add +0.6%
COP Conocophillips 0.03% 1,000 $114K No change
OKE Oneok Inc. 0.02% 1,200 $98K No change
AEM Agnico Eagle Mines Ltd. 0.02% 1,490 $97K No change
EUFN iShares MSCI Europe Financia 0.02% 4,233 $95K No change
NFLX Netflix Inc. 0.02% 128 $86K No change
ASML ASML Holding NV-NY Reg SHS 0.02% 78 $80K No change
WMT Walmart Inc. 0.02% 1,113 $75K No change
MDLZ Mondelez International Inc. Class A 0.02% 1,150 $75K No change
CAT Caterpillar Inc. 0.02% 192 $64K No change
TSM Taiwan Semiconductor-SP ADR 0.02% 353 $61K No change
UNP Union Pacific Corp. 0.01% 249 $56K No change
MDT Medtronic PLC 0.01% 695 $55K No change
MS Morgan Stanley 0.01% 556 $54K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 540 $54K Reduce -6.9%
HD Home Depot Inc. 0.01% 150 $52K No change
TTE Totalenergies SE -Spon ADR 0.01% 717 $48K No change
NGD New Gold Inc. 0.01% 22,660 $44K No change
WMB Williams Cos Inc. 0.01% 883 $38K No change
MET Metlife Inc. 0.01% 530 $37K No change
XLE SS Energy Select Sector 0.01% 360 $33K No change
FCX Freeport-McMoran Inc. 0.01% 621 $30K No change
INTC Intel Corp. 0.01% 820 $25K New
XOM Exxon Mobil Corp. 0.01% 191 $22K No change
WFC Wells Fargo & Co. 0.01% 341 $20K No change
TSN Tyson Foods Inc. Class A 0.00% 350 $20K No change
SYK Stryker Corp. 0.00% 51 $17K No change
EQAL Invesco Russell 1000 Equal W 0.00% 371 $17K Add +7.2%
GSK GSK PLC-Spon ADR 0.00% 400 $15K No change
VZ Verizon Communications Inc. 0.00% 253 $10K No change
FMS Fresenius Medical Care-ADR 0.00% 538 $10K No change
CRDF Cardiff Oncology Inc. 0.00% 4,000 $9K No change
DVN Devon Energy Corp. 0.00% 151 $7K No change
SEE Sealed Air Corp. 0.00% 200 $7K No change
T AT&T Inc. 0.00% 254 $5K No change
PARAA Paramount Global Class B 0.00% 432 $4K No change
HLN Haleon PLC-ADR 0.00% 500 $4K No change
AEP American Electric Power 0.00% 6 $526 No change
WBD Warner Bros Discovery Inc. 0.00% 61 $454 No change

Portfolio Sells Q1 2024 → Q2 2024
WRB WR Berkley Corp. Reduce -0.3% 5.50% −0.63
GOOGL Alphabet Inc. Class A Reduce -24.8% 6.26% −0.55
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.2% 1.07% −0.02
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.01
OXY Occidental Petroleum Corp. Sold out 0.00% −0.01
DIS The Walt Disney Co. Reduce -6.9% 0.01% −0.00
CCI Crown Castle Inc. Sold out 0.00% −0.00
DVY iShares Select Dividend ETF Sold out 0.00% −0.00
EDIT Editas Medicine Inc. Sold out 0.00% −0.00
SIRI Sirius XM Holdings Inc. Sold out 0.00% 0.00
AMZN Amazon.com Inc. Reduce -5.2% 6.88% +0.19
PLTR Palantir Technologies Inc. Class A Reduce -3.1% 7.39% +0.55

Portfolio Buys Q1 2024 → Q2 2024
PFE Pfizer Inc. Add +9.3% 4.23% +0.44
SHY iShares 1-3 Year Treasury Bo Add +2.8% 7.45% +0.28
RGLD Royal Gold Inc. Add +1.0% 5.04% +0.24
ENB Enbridge Inc. Add +4.9% 4.49% +0.19
FNV Franco-Nevada Corp. Add +3.3% 4.52% +0.18
JNJ Johnson & Johnson Add +10.9% 4.46% +0.16
BN Brookfield Corp. Add +1.7% 4.76% +0.10
TSLA Tesla Inc. Add +37.2% 0.07% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.15% +0.01
INTC Intel Corp. New 0.01% +0.01
RSP Invesco S&P 500 Equal Weight Add +2.6% 0.11% +0.00
EQAL Invesco Russell 1000 Equal W Add +7.2% 0.00% +0.00
MRK Merck & Co. Inc. Add +0.6% 0.04% −0.00
GHI Greystone Housing Impact Inv Add +0.4% 0.42% −0.03
BAM Brookfield Asset Mgmt-A Add +8.1% 4.33% −0.04
ABT Abbott Laboratories Add +6.8% 4.70% −0.05
ADP Automatic Data Processing Add +1.4% 5.18% −0.10
V Visa Inc. Class A Add +2.3% 4.74% −0.13
CME Cme Group Inc. Add +3.0% 4.64% −0.23
MA Mastercard Inc. Class A Add +2.0% 4.90% −0.28

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 45$538.9MSHY, GOOGL, JNJ, AMZN, ENB
Q1 2026 41$536.5MSHY, JNJ, GOOGL, SLB, ENB
Q4 2025 42$549.1MSHY, GOOGL, RGLD, TMO, FNV
Q3 2025 44$538.3MSHY, FNV, GOOGL, RGLD, WRB
Q2 2025 43$501.4MSHY, WRB, RGLD, AMZN, FNV
Q1 2025 42$474.1MSHY, WRB, FNV, RGLD, ABT
Q4 2024 42$457.6MSHY, PLTR, AMZN, GOOGL, BN
Q3 2024 42$445.6MSHY, PLTR, AMZN, BN, ADP
Q2 2024 80$406.2MSHY, PLTR, AMZN, GOOGL, WRB
Q1 2024 85$411.3MSHY, PLTR, GOOGL, AMZN, WRB