America First Investment Advisors, LLC Diversified Active

Location: Omaha, NE

CIK: 0001308778 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 9, 2026

Total Value: $549M (100.0% shares, 0.0% debt)

Holdings (42)

SHY ISHARES TR 7.6%

Value $41.85M Shares 505,362 Est. Cost $81.97 Unrealized —

GOOGL ALPHABET INC 6.0%

Value $33.11M Shares 105,770 Est. Cost $105.85 Unrealized +169.8%

RGLD ROYAL GOLD INC 5.9%

Value $32.33M Shares 145,422 Est. Cost $64.59 Unrealized +207.1%

TMO THERMO FISHER SCIENTIFIC INC 5.6%

Value $30.88M Shares 53,300 Est. Cost $417.06 Unrealized +35.5%

FNV FRANCO NEV CORP 5.5%

Value $30.35M Shares 146,440 Est. Cost $61.80 Unrealized +228.1%

JNJ JOHNSON & JOHNSON 5.5%

Value $30.14M Shares 145,660 Est. Cost $141.29 Unrealized +39.4%

BN BROOKFIELD CORP 5.2%

Value $28.34M Shares 617,483 Est. Cost $29.66 Unrealized +53.6%

AMZN AMAZON COM INC 5.1%

Value $28.15M Shares 121,965 Est. Cost $116.59 Unrealized +96.2%

WRB BERKLEY W R CORP 4.8%

Value $26.6M Shares 379,387 Est. Cost $32.12 Unrealized +126.4%

CME CME GROUP INC 4.8%

Value $26.18M Shares 95,881 Est. Cost $74.39 Unrealized +263.9%

V VISA INC 4.7%

Value $25.54M Shares 72,836 Est. Cost $194.93 Unrealized +74.6%

MA MASTERCARD INCORPORATED 4.6%

Value $25.43M Shares 44,541 Est. Cost $309.80 Unrealized +80.4%

ENB ENBRIDGE INC 4.6%

Value $25.06M Shares 524,043 Est. Cost $26.18 Unrealized +80.0%

FISV FISERV INC 4.6%

Value $25.05M Shares 372,979 Est. Cost $83.87 Unrealized 0.0%

ABT ABBOTT LABS 4.5%

Value $24.95M Shares 199,156 Est. Cost $53.74 Unrealized +136.9%

SLB SLB LIMITED 4.1%

Value $22.27M Shares 580,380 Est. Cost $39.45 Unrealized -8.6%

ADP AUTOMATIC DATA PROCESSING IN 4.0%

Value $22.18M Shares 86,242 Est. Cost $59.48 Unrealized +345.2%

PFE PFIZER INC 3.8%

Value $20.79M Shares 834,814 Est. Cost $28.11 Unrealized -11.0%

BAM BROOKFIELD ASSET MANAGMT LTD 2.8%

Value $15.22M Shares 290,524 Est. Cost $31.17 Unrealized +71.6%

CLX CLOROX CO DEL 1.4%

Value $7.573M Shares 75,110 Est. Cost $60.00 Unrealized +80.4%

BRK/A BERKSHIRE HATHAWAY INC DEL 1.1%

Value $6.038M Shares 8 Est. Cost $294742.90 Unrealized +153.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value $4.852M Shares 9,652 Est. Cost $222.12 Unrealized +124.0%

USB US BANCORP DEL 0.5%

Value $2.926M Shares 54,842 Est. Cost $26.59 Unrealized +83.2%

AAPL APPLE INC 0.4%

Value $2.257M Shares 8,303 Est. Cost $150.92 Unrealized +77.8%

KO COCA COLA CO 0.2%

Value $1.178M Shares 16,848 Est. Cost $44.49 Unrealized +56.0%

MFA MFA FINL INC 0.2%

Value $961K Shares 103,225 Est. Cost $10.16 Unrealized —

MU MICRON TECHNOLOGY INC 0.2%

Value $952K Shares 3,335 Est. Cost $49.39 Unrealized +364.3%

MSFT MICROSOFT CORP 0.2%

Value $880K Shares 1,820 Est. Cost $89.97 Unrealized +456.4%

PSX PHILLIPS 66 0.2%

Value $849K Shares 6,580 Est. Cost $43.69 Unrealized +206.7%

JPM JPMORGAN CHASE & CO. 0.1%

Value $815K Shares 2,529 Est. Cost $98.15 Unrealized +215.4%

SPY SPDR S&P 500 ETF TR 0.1%

Value $648K Shares 950 Est. Cost $267.15 Unrealized —

GD GENERAL DYNAMICS CORP 0.1%

Value $646K Shares 1,918 Est. Cost $123.73 Unrealized +175.5%

PG PROCTER AND GAMBLE CO 0.1%

Value $644K Shares 4,492 Est. Cost $55.49 Unrealized +165.2%

HSY HERSHEY CO 0.1%

Value $585K Shares 3,217 Est. Cost $98.77 Unrealized +84.4%

CVX CHEVRON CORP NEW 0.1%

Value $578K Shares 3,792 Est. Cost $87.10 Unrealized +73.8%

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value $465K Shares 2,427 Est. Cost $145.36 Unrealized —

GHI GREYSTONE HOUSING IMPACT INV 0.1%

Value $451K Shares 65,528 Est. Cost $14.61 Unrealized —

TSLA TESLA INC 0.1%

Value $418K Shares 929 Est. Cost $220.94 Unrealized +100.6%

PEP PEPSICO INC 0.1%

Value $405K Shares 2,819 Est. Cost $107.97 Unrealized +35.1%

META META PLATFORMS INC 0.1%

Value $297K Shares 450 Est. Cost $302.71 Unrealized +120.4%

ORCL ORACLE CORP 0.0%

Value $225K Shares 1,153 Est. Cost $67.70 Unrealized +251.6%

ZONE CLEANCORE SOLUTIONS INC 0.0%

Value $14,942 Shares 57,471 Est. Cost $3.59 Unrealized -76.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHY	ISHARES TR	505,362	$41.85M	7.6%	$81.97	—	1 3 YR TREAS BD	464287457
GOOGL	ALPHABET INC	105,770	$33.11M	6.0%	$105.85	+169.8%	CAP STK CL A	02079K305
RGLD	ROYAL GOLD INC	145,422	$32.33M	5.9%	$64.59	+207.1%	COM	780287108
TMO	THERMO FISHER SCIENTIFIC INC	53,300	$30.88M	5.6%	$417.06	+35.5%	COM	883556102
FNV	FRANCO NEV CORP	146,440	$30.35M	5.5%	$61.80	+228.1%	COM	351858105
JNJ	JOHNSON & JOHNSON	145,660	$30.14M	5.5%	$141.29	+39.4%	COM	478160104
BN	BROOKFIELD CORP	617,483	$28.34M	5.2%	$29.66	+53.6%	CL A LTD VT SH	11271J107
AMZN	AMAZON COM INC	121,965	$28.15M	5.1%	$116.59	+96.2%	COM	023135106
WRB	BERKLEY W R CORP	379,387	$26.6M	4.8%	$32.12	+126.4%	COM	084423102
CME	CME GROUP INC	95,881	$26.18M	4.8%	$74.39	+263.9%	COM	12572Q105
V	VISA INC	72,836	$25.54M	4.7%	$194.93	+74.6%	COM CL A	92826C839
MA	MASTERCARD INCORPORATED	44,541	$25.43M	4.6%	$309.80	+80.4%	CL A	57636Q104
ENB	ENBRIDGE INC	524,043	$25.06M	4.6%	$26.18	+80.0%	COM	29250N105
FISV	FISERV INC	372,979	$25.05M	4.6%	$83.87	0.0%	COM	337738108
ABT	ABBOTT LABS	199,156	$24.95M	4.5%	$53.74	+136.9%	COM	002824100
SLB	SLB LIMITED	580,380	$22.27M	4.1%	$39.45	-8.6%	COM STK	806857108
ADP	AUTOMATIC DATA PROCESSING IN	86,242	$22.18M	4.0%	$59.48	+345.2%	COM	053015103
PFE	PFIZER INC	834,814	$20.79M	3.8%	$28.11	-11.0%	COM	717081103
BAM	BROOKFIELD ASSET MANAGMT LTD	290,524	$15.22M	2.8%	$31.17	+71.6%	CL A LMT VTG SHS	113004105
CLX	CLOROX CO DEL	75,110	$7.573M	1.4%	$60.00	+80.4%	COM	189054109
BRK/A	BERKSHIRE HATHAWAY INC DEL	8	$6.038M	1.1%	$294742.90	+153.2%	CL A	084670108
BRK/B	BERKSHIRE HATHAWAY INC DEL	9,652	$4.852M	0.9%	$222.12	+124.0%	CL B NEW	084670702
USB	US BANCORP DEL	54,842	$2.926M	0.5%	$26.59	+83.2%	COM NEW	902973304
AAPL	APPLE INC	8,303	$2.257M	0.4%	$150.92	+77.8%	COM	037833100
KO	COCA COLA CO	16,848	$1.178M	0.2%	$44.49	+56.0%	COM	191216100
MFA	MFA FINL INC	103,225	$961K	0.2%	$10.16	—	COM	55272X607
MU	MICRON TECHNOLOGY INC	3,335	$952K	0.2%	$49.39	+364.3%	COM	595112103
MSFT	MICROSOFT CORP	1,820	$880K	0.2%	$89.97	+456.4%	COM	594918104
PSX	PHILLIPS 66	6,580	$849K	0.2%	$43.69	+206.7%	COM	718546104
JPM	JPMORGAN CHASE & CO.	2,529	$815K	0.1%	$98.15	+215.4%	COM	46625H100
SPY	SPDR S&P 500 ETF TR	950	$648K	0.1%	$267.15	—	TR UNIT	78462F103
GD	GENERAL DYNAMICS CORP	1,918	$646K	0.1%	$123.73	+175.5%	COM	369550108
PG	PROCTER AND GAMBLE CO	4,492	$644K	0.1%	$55.49	+165.2%	COM	742718109
HSY	HERSHEY CO	3,217	$585K	0.1%	$98.77	+84.4%	COM	427866108
CVX	CHEVRON CORP NEW	3,792	$578K	0.1%	$87.10	+73.8%	COM	166764100
RSP	INVESCO EXCHANGE TRADED FD T	2,427	$465K	0.1%	$145.36	—	S&P500 EQL WGT	46137V357
GHI	GREYSTONE HOUSING IMPACT INV	65,528	$451K	0.1%	$14.61	—	BEN UNIT CTF	02364V206
TSLA	TESLA INC	929	$418K	0.1%	$220.94	+100.6%	COM	88160R101
PEP	PEPSICO INC	2,819	$405K	0.1%	$107.97	+35.1%	COM	713448108
META	META PLATFORMS INC	450	$297K	0.1%	$302.71	+120.4%	CL A	30303M102
ORCL	ORACLE CORP	1,153	$225K	0.0%	$67.70	+251.6%	COM	68389X105
ZONE	CLEANCORE SOLUTIONS INC	57,471	$14,942	0.0%	$3.59	-76.6%	CLASS B COM SHS	184492106