Alphabet, Inc. Class A

NPORT-P false 0001103243 XXXXXXXX S000051373 C000161949 PFS FUNDS 811-09781 0001103243 549300QPH5FGDXI8HN15 1939 FRIENDSHIP DRIVE STE C EL CAJON 92020 619-588-9700 Ensemble Fund S000051373 5493004LS3E88FPTSF56 2020-10-31 2020-10-31 N 40558264.57 1073403.60 39484860.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 257030.36 N Alphabet, Inc. 5493006MHB84DD0ZWV18 Alphabet, Inc. Class A 02079K305 1354.00 NS USD 2188212.94 5.54 Long EC CORP US N 1 N N N Blackline, Inc 529900P9N7PK9LV5EK56 Blackline, Inc. 09239B109 11340.00 NS USD 1107691.20 2.80 Long EC CORP US N 1 N N N Booking Holdings, Inc. FXM8FAOHMYDIPD38UZ17 Booking Holdings, Inc. 09857L108 1074.00 NS USD 1742565.00 4.41 Long EC CORP US N 1 N N N Broadridge Financial Solutions, Inc. N/A Broadridge Financial Solutions, Inc. 11133T103 13856.00 NS USD 1906585.60 4.83 Long EC CORP US N 1 N N N Charles Schwab Corp. 549300VSGCJ7E698NM85 Charles Schwab Corp. 808513105 47657.00 NS USD 1959179.27 4.96 Long EC CORP US N 1 N N N Chipotle Mexican Grill, Inc. N/A Chipotle Mexican Grill, Inc 169656105 1242.00 NS USD 1492238.16 3.78 Long EC CORP US N 1 N N N Costco Wholesale Corp. 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp. 22160K105 1100.00 NS USD 393382.00 1.00 Long EC CORP US N 1 N N N Fastenal Co. 529900PP0C7H2HHPSJ32 Fastenal Co. 311900104 20113.00 NS USD 869484.99 2.20 Long EC CORP US N 1 N N N Ferrari NV 549300RIVY5EX8RCON76 Ferrari NV (Netherlands) N3167Y103 13657.00 NS USD 2436681.94 6.17 Long EC CORP NL N 1 N N N First American Financial Corp. 549300B6VEZK3N0A1P55 First American Financial Corp. 31847R102 33011.00 NS USD 1471960.49 3.73 Long EC CORP US N 1 N N N First Republic Bank YWC0TIKBQM2JV8L4IV08 First Republic Bank 33616C100 25870.00 NS USD 3263241.80 8.26 Long EC CORP US N 1 N N N Heico Corp. 529900O1DTDLCJ7L0I14 Heico Corp. 422806208 12613.00 NS USD 1179315.50 2.99 Long EC CORP US N 1 N N N Home Depot, Inc. QEKMOTMBBKA8I816DO57 Home Depot, Inc 437076102 11774.00 NS USD 3140243.54 7.95 Long EC CORP US N 1 N N N Intuitive Surgical, Inc. 54930052SRG011710797 Intuitive Surgical, Inc. 46120E602 2908.00 NS USD 1939868.64 4.91 Long EC CORP US N 1 N N N Landstar Systems, Inc. 254900CUQXQRL09MEI52 Landstar Systems, Inc. 515098101 7868.00 NS USD 981139.60 2.48 Long EC CORP US N 1 N N N Masimo Corp. 549300Q4A8JK0PIYCU29 Masimo Corp. 574795100 11425.00 NS USD 2557143.50 6.48 Long EC CORP US N 1 N N N MasterCard, Inc. AR5L2ODV9HN37376R084 MasterCard, Inc. Class A 57636Q104 10056.00 NS USD 2902563.84 7.35 Long EC CORP US N 1 N N N NVR, Inc. 529900RWXR4JI3JYTV70 NVR, Inc. 62944T105 351.00 NS USD 1387534.59 3.51 Long EC CORP US N 1 N N N Netflix, Inc. 549300Y7VHGU0I7CE873 Netflix, Inc. 64110L106 7163.00 NS USD 3407725.62 8.63 Long EC CORP US N 1 N N N Nintendo Co., Ltd. 353800FEEXU6I9M0ZF27 Nintendo Co., Ltd. (Japan) 654445303 11500.00 NS USD 778895.00 1.97 Long EC CORP JP N 1 N N N Paychex, Inc. 529900K900DW6SUBM174 Paychex, Inc. 704326107 13159.00 NS USD 1082327.75 2.74 Long EC CORP US N 1 N N N Starbucks Corp. OQSJ1DU9TAOC51A47K68 Starbucks Corp. 855244109 13646.00 NS USD 1186656.16 3.00 Long EC CORP US N 1 N N N 2020-12-21 PFS Funds /s/ Jeffrey R. Provence Jeffrey R. Provence Secretary and Treasurer