<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
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		<isConfidential>false</isConfidential>
		<filerInfo>

			<filer>
				<issuerCredentials>
					<cik>0000803016</cik>
					<ccc>XXXXXXXX</ccc>
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		</filerInfo>
	</headerData>
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		<genInfo>
			<regName>CALIFORNIA FIRST LEASING CORP</regName>
			<regFileNumber>811-23782</regFileNumber>
			<regCik>0000803016</regCik>
			<regLei>894500AUBHBFB3137873</regLei>
			<regStreet1>5000 BIRCH STREET</regStreet1>
			<regStreet2>SUITE 500</regStreet2>
			<regCity>NEWPORT BEACH</regCity>
			<regStateConditional regCountry="US" regState="US-CA"/>
			<regZipOrPostalCode>92660</regZipOrPostalCode>
			<regPhone>949-255-0500</regPhone>
			<seriesName>N/A</seriesName>
			<seriesLei>N/A</seriesLei>
			<repPdEnd>2024-06-30</repPdEnd>
			<repPdDate>2023-09-30</repPdDate>
			<isFinalFiling>N</isFinalFiling>
		</genInfo>
		<fundInfo>
			<totAssets>228814879</totAssets>
			<totLiabs>8179040</totLiabs>
			<netAssets>220635839</netAssets>
			<assetsAttrMiscSec>0</assetsAttrMiscSec>
			<assetsInvested>0</assetsInvested>
			<amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
			<amtPayOneYrOther>0</amtPayOneYrOther>
			<amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr>
			<amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp>
			<amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil>
			<amtPayAftOneYrOther>0</amtPayAftOneYrOther>
			<delayDeliv>0</delayDeliv>
			<standByCommit>0</standByCommit>
			<liquidPref>0</liquidPref>
			<cshNotRptdInCorD>12323349</cshNotRptdInCorD>
			<isNonCashCollateral>N</isNonCashCollateral>
			<returnInfo>
				<monthlyTotReturns>
					<monthlyTotReturn rtn1="-1.18" rtn2="-1.13" rtn3="2.73"/>
				</monthlyTotReturns>
				<monthlyReturnCats/>
				<othMon1 netRealizedGain="0" netUnrealizedAppr="-4637467"/>
				<othMon2 netRealizedGain="-361672" netUnrealizedAppr="-3954329"/>
				<othMon3 netRealizedGain="20284" netUnrealizedAppr="9086764"/>
			</returnInfo>
			<mon1Flow redemption="0" reinvestment="0" sales="0"/>
			<mon2Flow redemption="0" reinvestment="0" sales="0"/>
			<mon3Flow redemption="0" reinvestment="0" sales="0"/>
		</fundInfo>
		<invstOrSecs>
			<invstOrSec>
				<name>Advanced Micro Devices Inc.</name>
				<lei>R2I72C950HOYXII45366</lei>
				<title>COM</title>
				<cusip>007903107</cusip>
				<identifiers>
					<ticker value="AMD"/>
				</identifiers>
				<balance>37100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>3814622</valUSD>
				<pctVal>1.729</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Alibaba Grp Hldg</name>
				<lei>5493001NTNQJDH60PM02</lei>
				<title>SPONSORED ADS</title>
				<cusip>01609W102</cusip>
				<identifiers>
					<ticker value="BABA"/>
				</identifiers>
				<balance>4900</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>425026</valUSD>
				<pctVal>0.193</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>KY</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Allison Transmission Hldgs I</name>
				<lei>529900RP7DJ882LI9T83</lei>
				<title>COM</title>
				<cusip>01973R101</cusip>
				<identifiers>
					<ticker value="ALSN"/>
				</identifiers>
				<balance>42290</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2497647</valUSD>
				<pctVal>1.132</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Alphabet Inc.</name>
				<lei>5493006MHB84DD0ZWV18</lei>
				<title>CAP STK CL A</title>
				<cusip>02079K305</cusip>
				<identifiers>
					<ticker value="GOOGL"/>
				</identifiers>
				<balance>105100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>13753386</valUSD>
				<pctVal>6.234</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Applied Materials</name>
				<lei>41BNNE1AFPNAZELZ6K07</lei>
				<title>COM</title>
				<cusip>038222105</cusip>
				<identifiers>
					<ticker value="AMAT"/>
				</identifiers>
				<balance>102000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14121900</valUSD>
				<pctVal>6.401</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Bank of America Corporation</name>
				<lei>9DJT3UXIJIZJI4WXO774</lei>
				<title>COM</title>
				<cusip>060505104</cusip>
				<identifiers>
					<ticker value="BAC"/>
				</identifiers>
				<balance>117500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>3217150</valUSD>
				<pctVal>1.458</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Berkshire Hathaway Inc Del</name>
				<lei>5493000C01ZX7D35SD85</lei>
				<title>CL B NEW</title>
				<cusip>084670702</cusip>
				<identifiers>
					<ticker value="BRK.B"/>
				</identifiers>
				<balance>3364</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1178409</valUSD>
				<pctVal>0.534</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Bristol Myers Squibb</name>
				<lei>HLYYNH7UQUORYSJQCN42</lei>
				<title>COM</title>
				<cusip>110122108</cusip>
				<identifiers>
					<ticker value="BMY"/>
				</identifiers>
				<balance>132800</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7707712</valUSD>
				<pctVal>3.493</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>British American Tobacco</name>
				<lei>213800FKA5MF17RJKT63</lei>
				<title>SPONSORED ADR</title>
				<cusip>110448107</cusip>
				<identifiers>
					<ticker value="BTI"/>
				</identifiers>
				<balance>136700</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4293747</valUSD>
				<pctVal>1.946</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>GB</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Charter Communications Inc</name>
				<lei>0J0XRGZE3PBRFEZ7MV65</lei>
				<title>CL A</title>
				<cusip>16119P108</cusip>
				<identifiers>
					<ticker value="CHTR"/>
				</identifiers>
				<balance>9962</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4381487</valUSD>
				<pctVal>1.986</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Cigna Corp New</name>
				<lei>549300VIWYMSIGT1U456</lei>
				<title>COM</title>
				<cusip>125523100</cusip>
				<identifiers>
					<ticker value="CI"/>
				</identifiers>
				<balance>30710</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>8785210</valUSD>
				<pctVal>3.982</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Cleveland-Cliffs Inc.</name>
				<lei>549300TM2WLI2BJMDD86</lei>
				<title>COM</title>
				<cusip>185899101</cusip>
				<identifiers>
					<ticker value="CLF"/>
				</identifiers>
				<balance>239000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>3735570</valUSD>
				<pctVal>1.693</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Consol Energy Inc NEW</name>
				<lei>549300YJCTPJBTK7IJ81</lei>
				<title>COM</title>
				<cusip>20854L108</cusip>
				<identifiers>
					<ticker value="CEIX"/>
				</identifiers>
				<balance>21300</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2234583</valUSD>
				<pctVal>1.013</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Credit Acceptance Corporation</name>
				<lei>N/A</lei>
				<title>COM</title>
				<cusip>225310101</cusip>
				<identifiers>
					<ticker value="CACC"/>
				</identifiers>
				<balance>1220</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>561346</valUSD>
				<pctVal>0.254</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Dupont De Nemours</name>
				<lei>5493004JF0SDFLM8GD76</lei>
				<title>COM</title>
				<cusip>26614N102</cusip>
				<identifiers>
					<ticker value="DD"/>
				</identifiers>
				<balance>53940</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4023385</valUSD>
				<pctVal>1.824</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Exxon Mobil</name>
				<lei>J3WHBG0MTS7O8ZVMDC91</lei>
				<title>COM</title>
				<cusip>30231G102</cusip>
				<identifiers>
					<ticker value="XOM"/>
				</identifiers>
				<balance>160800</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>18906864</valUSD>
				<pctVal>8.569</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Global Payments Inc.</name>
				<lei>549300NOMHGVQBX6S778</lei>
				<title>COM</title>
				<cusip>37940X102</cusip>
				<identifiers>
					<ticker value="GPN"/>
				</identifiers>
				<balance>35650</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4113653</valUSD>
				<pctVal>1.864</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Goldman Sachs Group Inc.</name>
				<lei>784F5XWPLTWKTBV3E584</lei>
				<title>COM</title>
				<cusip>38141G104</cusip>
				<identifiers>
					<ticker value="GS"/>
				</identifiers>
				<balance>23200</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7506824</valUSD>
				<pctVal>3.402</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>International Flavors &amp; Fragrance</name>
				<lei>BZLRL03D3GPGMOGFO832</lei>
				<title>COM</title>
				<cusip>459506101</cusip>
				<identifiers>
					<ticker value="IFF"/>
				</identifiers>
				<balance>24750</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1687207</valUSD>
				<pctVal>0.765</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>JPMorgan Chase &amp; Co</name>
				<lei>8I5DZWZKVSZI1NUHU748</lei>
				<title>COM</title>
				<cusip>46625H100</cusip>
				<identifiers>
					<ticker value="JPM"/>
				</identifiers>
				<balance>4380</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>635188</valUSD>
				<pctVal>0.288</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Lithia Mtrs Inc</name>
				<lei>SE8N1EZEHPZQBCBVKD53</lei>
				<title>COM</title>
				<cusip>536797103</cusip>
				<identifiers>
					<ticker value="LAD"/>
				</identifiers>
				<balance>7804</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2304755</valUSD>
				<pctVal>1.045</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Marvell Technology Inc.</name>
				<lei>254900KSAN8UAG2DJC37</lei>
				<title>COM</title>
				<cusip>573874104</cusip>
				<identifiers>
					<ticker value="MRVL"/>
				</identifiers>
				<balance>123000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>6657990</valUSD>
				<pctVal>3.018</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Match Group Inc NEW</name>
				<lei>15OMOPB0A8K0EFUVD031</lei>
				<title>COM</title>
				<cusip>57667L107</cusip>
				<identifiers>
					<ticker value="MTCH"/>
				</identifiers>
				<balance>68500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2683488</valUSD>
				<pctVal>1.216</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Meta Platforms Inc.</name>
				<lei>BQ4BKCS1HXDV9HN80Z93</lei>
				<title>CL A</title>
				<cusip>30303M102</cusip>
				<identifiers>
					<ticker value="META"/>
				</identifiers>
				<balance>13907</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4175020</valUSD>
				<pctVal>1.892</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Micron Technology Inc.</name>
				<lei>B3DXGBC8GAIYWI2Z0172</lei>
				<title>COM</title>
				<cusip>595112103</cusip>
				<identifiers>
					<ticker value="MU"/>
				</identifiers>
				<balance>81300</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>5530839</valUSD>
				<pctVal>2.507</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Netflix.com Inc.</name>
				<lei>549300Y7VHGU0I7CE873</lei>
				<title>COM</title>
				<cusip>64110L106</cusip>
				<identifiers>
					<ticker value="NFLX"/>
				</identifiers>
				<balance>2650</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1000640</valUSD>
				<pctVal>0.454</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>On Hldg Ag</name>
				<lei>N/A</lei>
				<title>NAMEN AKT A</title>
				<cusip>H5919C104</cusip>
				<identifiers>
					<ticker value="ONON"/>
				</identifiers>
				<balance>17000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>472940</valUSD>
				<pctVal>0.214</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CH</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Ovintiv Inc.</name>
				<lei>2549003MEX7YMKLGI239</lei>
				<title>COM</title>
				<cusip>69047Q102</cusip>
				<identifiers>
					<ticker value="OVV"/>
				</identifiers>
				<balance>159925</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7607632</valUSD>
				<pctVal>3.448</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PayPal Hldgs Inc</name>
				<lei>LBQ3CAGQB6M55WHL3G85</lei>
				<title>COM</title>
				<cusip>70450Y103</cusip>
				<identifiers>
					<ticker value="PYPL"/>
				</identifiers>
				<balance>47100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2753466</valUSD>
				<pctVal>1.248</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Pimco Muni Income Fund III</name>
				<lei>SJUC6WH3GDYFFYIHMV67</lei>
				<title>COM</title>
				<cusip>72201A103</cusip>
				<identifiers>
					<ticker value="PMX"/>
				</identifiers>
				<balance>85459</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>552920</valUSD>
				<pctVal>0.251</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Qualcomm Inc.</name>
				<lei>H1J8DDZKZP6H7RWC0H53</lei>
				<title>COM</title>
				<cusip>747525103</cusip>
				<identifiers>
					<ticker value="QCOM"/>
				</identifiers>
				<balance>58650</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>6513669</valUSD>
				<pctVal>2.952</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Schlumberger LTD</name>
				<lei>213800ZUA17OK3QLGM62</lei>
				<title>COM</title>
				<cusip>806857108</cusip>
				<identifiers>
					<ticker value="SLB"/>
				</identifiers>
				<balance>129000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7520700</valUSD>
				<pctVal>3.409</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CW</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Sensata Technologies</name>
				<lei>529900MS7KFYCY9MS037</lei>
				<title>SHS</title>
				<cusip>G8060N102</cusip>
				<identifiers>
					<ticker value="ST"/>
				</identifiers>
				<balance>49350</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1866417</valUSD>
				<pctVal>0.846</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>GB</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Taiwan Semiconductor Mfg LTD</name>
				<lei>549300KB6NK5SBD14S87</lei>
				<title>SPONSORED ADS</title>
				<cusip>874039100</cusip>
				<identifiers>
					<ticker value="TSM"/>
				</identifiers>
				<balance>28250</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>2454925</valUSD>
				<pctVal>1.113</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>TW</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Teradyne Inc</name>
				<lei>C3X4YJ278QNZHRJULN75</lei>
				<title>COM</title>
				<cusip>880770102</cusip>
				<identifiers>
					<ticker value="TER"/>
				</identifiers>
				<balance>19000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1908740</valUSD>
				<pctVal>0.865</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>U.S. Government</name>
				<lei>N/A</lei>
				<title>Treasury Bill</title>
				<cusip>912797FC6</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>6375000</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6351150</valUSD>
				<pctVal>2.879</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>UST</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2023-10-26</maturityDt>
					<couponKind>None</couponKind>
					<annualizedRt>5.35</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>U.S. Government</name>
				<lei>N/A</lei>
				<title>Treasury Bill</title>
				<cusip>912797HM2</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>2532000</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2510669</valUSD>
				<pctVal>1.138</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>UST</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2023-11-28</maturityDt>
					<couponKind>None</couponKind>
					<annualizedRt>5.4</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>U.S. Government</name>
				<lei>N/A</lei>
				<title>Treasury Bill</title>
				<cusip>912796YJ2</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>3000000</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2998256</valUSD>
				<pctVal>1.359</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>UST</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2023-10-05</maturityDt>
					<couponKind>None</couponKind>
					<annualizedRt>5.38</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>U.S. Government</name>
				<lei>N/A</lei>
				<title>Treasury Bill</title>
				<cusip>912797FC6</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>3500000</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3486738</valUSD>
				<pctVal>1.58</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>UST</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2023-10-26</maturityDt>
					<couponKind>None</couponKind>
					<annualizedRt>5.4</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>U.S. Government</name>
				<lei>N/A</lei>
				<title>Treasury Bill</title>
				<cusip>912797HK6</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>11500000</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>11424970</valUSD>
				<pctVal>5.178</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>UST</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2023-11-14</maturityDt>
					<couponKind>None</couponKind>
					<annualizedRt>5.38</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>United Health Group</name>
				<lei>549300GHBMY8T5GXDE41</lei>
				<title>COM</title>
				<cusip>91324P102</cusip>
				<identifiers>
					<ticker value="UNH"/>
				</identifiers>
				<balance>2489</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>1254929</valUSD>
				<pctVal>0.569</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Verizon Communications</name>
				<lei>2S72QS2UO2OESLG6Y829</lei>
				<title>COM</title>
				<cusip>92343V104</cusip>
				<identifiers>
					<ticker value="VZ"/>
				</identifiers>
				<balance>173750</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>5631238</valUSD>
				<pctVal>2.552</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>Wells Fargo &amp; Co.</name>
				<lei>KB1H1DSPRFMYMCUFXT09</lei>
				<title>COM</title>
				<cusip>949746101</cusip>
				<identifiers>
					<ticker value="WFC"/>
				</identifiers>
				<balance>106400</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4347504</valUSD>
				<pctVal>1.97</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
		</invstOrSecs>
		<signature>
			<ncom:dateSigned>2023-10-27</ncom:dateSigned>
			<ncom:nameOfApplicant>CALIFORNIA FIRST LEASING CORP</ncom:nameOfApplicant>
			<ncom:signature>/s/ Andrew Branin</ncom:signature>
			<ncom:signerName>Andrew Branin</ncom:signerName>
			<ncom:title>SVP-Accounting</ncom:title>
		</signature>
	</formData>
	<documents>XXXX</documents>
</edgarSubmission>
