America First Investment Advisors

America First Investment Advisors as of Sept. 30, 2011

Portfolio Holdings for America First Investment Advisors

America First Investment Advisors holds 258 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Clorox Company (CLX) 5.8 $7.6M 115k 66.33
Berkshire Hathaway (BRK.A) 5.7 $7.5M 70.00 106800.00
Chevron Corporation (CVX) 4.4 $5.8M 63k 92.59
Sigma-Aldrich Corporation 4.3 $5.7M 92k 61.79
Becton, Dickinson and (BDX) 4.1 $5.4M 74k 73.32
Unilever (UL) 4.0 $5.2M 168k 31.19
Abbott Laboratories (ABT) 3.9 $5.2M 101k 51.14
Automatic Data Processing (ADP) 3.9 $5.2M 110k 47.15
Microsoft Corporation (MSFT) 3.9 $5.2M 207k 24.89
Tyco International Ltd S hs 3.8 $5.0M 122k 40.75
General Electric Company 3.7 $4.8M 319k 15.22
Walgreen Company 3.6 $4.7M 144k 32.89
Moody's Corporation (MCO) 3.5 $4.5M 149k 30.45
Diageo (DEO) 3.4 $4.4M 59k 75.93
Honeywell International (HON) 3.1 $4.1M 94k 43.91
Cme (CME) 3.0 $4.0M 16k 246.40
Google 2.9 $3.9M 7.5k 515.04
Spectra Energy 2.9 $3.8M 157k 24.53
Schlumberger (SLB) 2.6 $3.5M 58k 59.73
Tyco Electronics Ltd S hs 2.5 $3.2M 115k 28.14
DENTSPLY International 2.1 $2.8M 91k 30.69
SLM Corporation (SLM) 2.1 $2.7M 218k 12.45
iShares Barclays TIPS Bond Fund (TIP) 1.9 $2.5M 22k 114.30
W.R. Berkley Corporation (WRB) 1.9 $2.4M 82k 29.69
Rockwell Collins 1.7 $2.2M 42k 52.76
Mead Johnson Nutrition 1.4 $1.8M 26k 68.83
iShares Lehman 1-3 Year Treas.Bond (SHY) 1.3 $1.7M 20k 84.57
Berkshire Hathaway Inc. Class B 1.1 $1.4M 20k 71.04
Tes 1.0 $1.3M 75k 17.79
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.9 $1.2M 32k 38.66
U.S. Bancorp (USB) 0.7 $853k 36k 23.54
MFA Mortgage Investments 0.6 $730k 104k 7.02
Procter & Gamble Company (PG) 0.5 $661k 11k 63.18
ConocoPhillips (COP) 0.5 $623k 9.8k 63.32
Apple (AAPL) 0.4 $564k 1.5k 381.32
America First Tax Exempt Investors 0.4 $514k 100k 5.17
Exxon Mobil Corporation (XOM) 0.4 $505k 7.0k 72.63
Level 3 Communications 0.3 $464k 311k 1.49
Csx Corp dbcv 10/3 0.3 $454k 24k 18.67
Johnson & Johnson (JNJ) 0.3 $409k 6.4k 63.69
At&t (T) 0.3 $359k 13k 28.52
iShares Lehman Aggregate Bond (AGG) 0.2 $293k 2.7k 110.11
iShares Lehman Short Treasury Bond (SHV) 0.2 $245k 2.2k 110.25
Kraft Foods 0.2 $238k 7.1k 33.58
Union Pacific Corporation (UNP) 0.2 $234k 2.9k 81.67
Hershey Company (HSY) 0.1 $192k 3.2k 59.24
Streettracks Gold Tr gold 0.1 $181k 1.1k 158.06
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $171k 1.5k 112.31
Occidental Petroleum Corporation (OXY) 0.1 $155k 2.2k 71.50
McDonald's Corporation (MCD) 0.1 $139k 1.6k 87.82
International Game Technology 0.1 $145k 10k 14.53
Verizon Communications (VZ) 0.1 $142k 3.9k 36.80
AMERITRADE HOLDING Corp 0.1 $129k 8.8k 14.71
Intel Corporation (INTC) 0.1 $114k 5.3k 21.34
Marathon Oil Corporation (MRO) 0.1 $121k 5.6k 21.58
Entergy Corporation (ETR) 0.1 $118k 1.8k 66.29
Wells Fargo & Company 8% 0.1 $110k 4.0k 27.58
Rockwell Automation (ROK) 0.1 $93k 1.7k 56.00
Bank Of America Corporation preferred (BAC.PL) 0.1 $87k 114.00 765.00
SPDR S&P Dividend (SDY) 0.1 $97k 2.0k 48.55
Coca-Cola Company (KO) 0.1 $79k 1.2k 67.56
Kinder Morgan Energy Partners 0.1 $84k 1.2k 68.38
iShares Morningstar Mid Core Index (IMCB) 0.1 $75k 1.0k 75.00
Nuveen Multi-Strategy Income & Growth (JPC) 0.1 $73k 9.3k 7.86
Marathon Petroleum Corp (MPC) 0.1 $76k 2.8k 27.06
Barrick Gold Corp (GOLD) 0.1 $71k 1.5k 46.65
CVB Financial (CVBF) 0.1 $62k 8.1k 7.69
W.W. Grainger (GWW) 0.1 $60k 400.00 149.55
Tidewater 0.1 $72k 1.7k 42.05
Pepsi (PEP) 0.1 $72k 1.2k 61.90
ProShares UltraShort 20+ Year Trea 0.1 $63k 3.2k 19.44
Saic 0.1 $62k 5.2k 11.81
Caterpillar (CAT) 0.0 $53k 713.00 73.84
Baxter International (BAX) 0.0 $56k 1.0k 56.14
Allstate Corporation (ALL) 0.0 $47k 2.0k 23.69
Altria (MO) 0.0 $50k 1.8k 26.81
Hewlett-Packard Company 0.0 $53k 2.4k 22.45
Buckeye Partners 0.0 $48k 767.00 62.50
iShares Russell 2000 Index (IWM) 0.0 $48k 750.00 64.31
Oneok Partners 0.0 $47k 1.0k 46.62
American States Water Company (AWR) 0.0 $51k 1.5k 33.93
Oneok (OKE) 0.0 $53k 805.00 66.04
DNP Select Income Fund (DNP) 0.0 $50k 5.0k 10.00
Wells Fargo & Company (WFC) 0.0 $39k 1.6k 24.12
Boeing Company (BA) 0.0 $39k 646.00 60.51
Amgen (AMGN) 0.0 $39k 700.00 54.96
Philip Morris International (PM) 0.0 $41k 658.00 62.39
Wisconsin Energy Corporation 0.0 $45k 1.4k 31.29
American Electric Power Company (AEP) 0.0 $38k 1.0k 38.02
H.J. Heinz Company 0.0 $37k 731.00 50.48
Werner Enterprises (WERN) 0.0 $42k 2.0k 20.83
ARM Holdings 0.0 $34k 1.3k 25.50
Energy Transfer Partners 0.0 $43k 1.1k 41.01
Valmont Industries (VMI) 0.0 $39k 500.00 77.94
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $41k 500.00 82.82
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $45k 425.00 105.06
Ms Capital Trust Ii 6.25% Due p 0.0 $41k 2.0k 20.70
Canadian Natl Ry (CNI) 0.0 $20k 306.00 66.57
Devon Energy Corporation (DVN) 0.0 $25k 446.00 55.45
Walt Disney Company (DIS) 0.0 $24k 810.00 30.16
Duke Energy Corporation 0.0 $22k 1.1k 19.99
Spdr S&p 500 Etf (SPY) 0.0 $28k 250.00 113.16
Cardinal Health (CAH) 0.0 $23k 550.00 41.87
Bristol Myers Squibb (BMY) 0.0 $26k 842.00 31.38
3M Company (MMM) 0.0 $26k 366.00 71.78
Cisco Systems (CSCO) 0.0 $25k 1.6k 15.50
Ritchie Bros. Auctioneers Inco 0.0 $32k 1.6k 20.19
Morgan Stanley (MS) 0.0 $27k 2.0k 13.51
E.I. du Pont de Nemours & Company 0.0 $28k 700.00 39.97
Analog Devices (ADI) 0.0 $24k 777.00 31.25
CenturyLink 0.0 $22k 674.00 33.12
International Business Machines (IBM) 0.0 $33k 186.00 174.89
Southern Company (SO) 0.0 $21k 500.00 42.36
General Dynamics Corporation (GD) 0.0 $23k 400.00 56.90
J P Morgan 5 7/8% 0.0 $25k 1.0k 24.89
Sempra Energy (SRE) 0.0 $21k 410.00 51.49
Oracle Corporation (ORCL) 0.0 $20k 700.00 28.74
Energy Select Sector SPDR (XLE) 0.0 $21k 360.00 58.50
Noble Corporation Com Stk 0.0 $29k 1.0k 29.35
Shaw 0.0 $22k 1.0k 21.74
McDermott International 0.0 $32k 3.0k 10.76
Babcock & Wilcox 0.0 $29k 1.5k 19.55
WisdomTree DEFA (DWM) 0.0 $21k 525.00 39.79
Wells Fargo Capital 5.625% 4 p 0.0 $25k 1.0k 24.95
Prudential Finl Inc 9% P referred 0.0 $28k 1.0k 27.70
Chesapeake Energy 0.0 $22k 865.00 25.55
Northeast Utilities System 0.0 $14k 400.00 33.65
JPMorgan Chase & Co. (JPM) 0.0 $10k 332.00 30.12
American Express Company (AXP) 0.0 $19k 420.00 44.90
Expeditors International of Washington (EXPD) 0.0 $11k 269.00 40.56
Home Depot (HD) 0.0 $13k 400.00 32.88
Eli Lilly & Co. (LLY) 0.0 $11k 300.00 36.97
Covidien 0.0 $19k 425.00 44.09
Consolidated Edison (ED) 0.0 $17k 300.00 57.03
Citrix Systems 0.0 $9.5k 175.00 54.51
Hawaiian Electric Industries (HE) 0.0 $13k 548.00 24.29
Dun & Bradstreet Corporation 0.0 $12k 200.00 61.25
Redwood Trust (RWT) 0.0 $6.7k 600.00 11.17
Harley-Davidson (HOG) 0.0 $16k 470.00 34.34
Emerson Electric (EMR) 0.0 $18k 428.00 41.31
Goodrich Corporation 0.0 $12k 100.00 120.70
Anadarko Petroleum Corporation 0.0 $13k 200.00 63.05
CareFusion Corporation 0.0 $6.6k 275.00 23.96
Deere & Company (DE) 0.0 $9.5k 147.00 64.56
Symantec Corporation 0.0 $7.3k 449.00 16.30
UnitedHealth (UNH) 0.0 $14k 300.00 46.13
Agilent Technologies Inc C ommon (A) 0.0 $13k 400.00 31.25
First Midwest Ban 0.0 $18k 2.5k 7.32
Qualcomm (QCOM) 0.0 $9.7k 200.00 48.65
Ford Motor Company (F) 0.0 $10k 1.0k 9.67
EMC Corporation 0.0 $13k 600.00 20.98
ConAgra Foods (CAG) 0.0 $18k 750.00 24.21
Frontier Communications 0.0 $15k 2.5k 6.11
Applied Materials (AMAT) 0.0 $10k 1.0k 10.36
City National Corporation 0.0 $11k 278.00 37.77
Central Vermont Public Service 0.0 $14k 399.00 35.21
iShares Russell 1000 Index (IWB) 0.0 $12k 188.00 62.55
Altera Corporation 0.0 $13k 412.00 31.53
Skyworks Solutions (SWKS) 0.0 $7.9k 440.00 17.95
America Movil SAB de CV 0.0 $7.6k 346.00 22.09
Kaman Corporation (KAMN) 0.0 $10k 360.00 27.86
Nstar 0.0 $14k 310.00 44.81
SPDR Dow Jones Industrial Average ETF (DIA) 0.0 $7.6k 70.00 109.00
Vanguard Large-Cap ETF (VV) 0.0 $8.6k 167.00 51.68
Supertel Hospitality (SPPR) 0.0 $9.0k 12k 0.75
Vanguard Total Stock Market ETF (VTI) 0.0 $14k 246.00 57.74
Vanguard Value ETF (VTV) 0.0 $13k 279.00 47.06
Gordmans Stores 0.0 $7.8k 650.00 11.97
Vanguard Mid-Cap ETF (VO) 0.0 $11k 166.00 65.12
Vanguard Small-Cap ETF (VB) 0.0 $15k 237.00 61.35
GREENHAVEN Continuous Commodity Indx Fnd 0.0 $7.6k 250.00 30.36
Wal-mart de Mexico S A B de C V (WMMVY) 0.0 $7.0k 304.00 23.06
Genl Elec Capital Corp 6.10% preferred 0.0 $13k 500.00 25.28
Tdx Independence Funds Inc tdx ind2040 etf 0.0 $6.6k 359.00 18.36
Capital One 7.5% Pfd p 0.0 $18k 700.00 25.26
Pnc Cap Tr D Cap Secs ps 0.0 $15k 600.00 25.22
BP (BP) 0.0 $360.000000 10.00 36.00
Textron Inc note 4.500% 5/0 0.0 $3.5k 200.00 17.65
HSBC Holdings (HSBC) 0.0 $3.4k 150.00 22.80
Corning Incorporated (GLW) 0.0 $3.7k 300.00 12.37
Aon Corporation 0.0 $499.800000 12.00 41.65
Bank of America Corporation (BAC) 0.0 $2.7k 441.00 6.12
Via 0.0 $4.2k 108.00 38.70
Pfizer (PFE) 0.0 $1.8k 100.00 17.70
American Intl Group 0.0 $20.000000 1.00 20.00
Washington Mutual 0.0 $721.000000 10k 0.07
United Parcel Service (UPS) 0.0 $6.3k 100.00 63.20
NVIDIA Corporation (NVDA) 0.0 $130.000000 10.00 13.00
Best Buy (BBY) 0.0 $230.000000 10.00 23.00
Boston Scientific Corporation (BSX) 0.0 $4.7k 800.00 5.91
Dow Chemical Company 0.0 $6.4k 287.00 22.47
Xilinx 0.0 $5.5k 200.00 27.45
Coherent 0.0 $4.3k 100.00 43.00
Tyson Foods (TSN) 0.0 $6.1k 350.00 17.37
General Motors Corp 0.0 $4.8k 240.00 20.17
Thermo Fisher Scientific (TMO) 0.0 $510.000000 10.00 51.00
Yum! Brands (YUM) 0.0 $250.000000 5.00 50.00
Health Care REIT 0.0 $940.000000 20.00 47.00
Integrated Device Technology 0.0 $1.5k 300.00 5.13
iShares S&P 500 Index (IVV) 0.0 $4.2k 37.00 113.78
iShares MSCI EAFE Index Fund (EFA) 0.0 $3.5k 73.00 47.81
LSI Corporation 0.0 $50.000000 10.00 5.00
Ingersoll-rand Co Ltd-cl A cl a 0.0 $1.4k 50.00 28.00
Windstream Corporation 0.0 $4.0k 345.00 11.65
St Paul Travelers Cos 0.0 $440.010000 9.00 48.89
Nortel Networks Corp 0.0 $0 10.00 0.00
Vodafone Group Plc-sp 0.0 $870.060000 34.00 25.59
Royal Dutch Petroleum Co ny reg 0.0 $6.2k 100.00 61.50
Bac Capital Trust X 0.0 $1.9k 100.00 18.90
Penn West Energy Trust 0.0 $1.1k 72.00 14.72
Pmi Group 0.0 $178.800000 894.00 0.20
Fiserv (FI) 0.0 $510.000000 10.00 51.00
Bce (BCE) 0.0 $3.8k 100.00 37.50
G&K Services 0.0 $5.1k 200.00 25.55
Juniper Networks (JNPR) 0.0 $3.5k 200.00 17.25
Webster Financial Corporation (WBS) 0.0 $4.0k 263.00 15.28
Nabi Biopharmaceuticals 0.0 $70.000000 40.00 1.75
Saks Incorporated 0.0 $700.000000 80.00 8.75
Emulex Corporation 0.0 $2.6k 400.00 6.40
China Integrated Energy (CBEH) 0.0 $189.000000 300.00 0.63
Education Realty Trust 0.0 $639.750000 75.00 8.53
EnPro Industries (NPO) 0.0 $2.1k 70.00 29.71
Paragon Shipping 0.0 $20.000000 25.00 0.80
American Superconductor Corporation 0.0 $790.000000 200.00 3.95
MGM Resorts International. (MGM) 0.0 $1.3k 144.00 9.31
VMware 0.0 $1.2k 15.00 80.67
Fairpoint Communications 0.0 $0 1.00 0.00
Overseas Shipholding 0.0 $2.0k 144.00 13.72
Superior Bancorp 0.0 $0 85.00 0.00
PowerShares QQQ Trust, Series 1 0.0 $5.3k 100.00 52.50
Westport Innovations 0.0 $870.000000 30.00 29.00
United States Natural Gas Fund 0.0 $3.8k 425.00 9.01
iShares S&P MidCap 400 Index (IJH) 0.0 $5.9k 90.00 66.00
Yamana Gold 0.0 $479.850000 35.00 13.71
American Capital Agency 0.0 $266.700000 10.00 26.67
Jds Uniphase Corp 0.0 $620.000000 62.00 10.00
Claymore/BNY Mellon BRIC 0.0 $4.0k 118.00 34.32
FXCM 0.0 $5.6k 400.00 14.02
Motorola Mobility Holdings 0.0 $1.5k 40.00 37.75
Telefonos de Mexico (TFONY) 0.0 $6.0k 404.00 14.94
Pimco Municipal Income Fund II (PML) 0.0 $5.5k 500.00 11.06
At&t Inc 6.375% 2/15/56 Series 0.0 $2.7k 100.00 26.70
Eaton Vance Municipal Bond Fund (EIM) 0.0 $6.2k 500.00 12.36
Hyperdynamics Corp 0.0 $3.0k 800.00 3.70
ProShares UltraSh FTSE/Xinhua China 25 0.0 $2.5k 55.00 45.45
First State Bancorp., NM 0.0 $7.000000 700.00 0.01
Energy Focus 0.0 $1.8k 5.0k 0.36
Xcel Energy Inc p 0.0 $4.2k 150.00 27.67
Fleet Capital Trust Viii 7.2% preferred 0.0 $4.2k 200.00 20.80
Aegon Nv 7.2500% Series p 0.0 $4.3k 200.00 21.60
Lehman Brothers Holding Cp Trust Iii p 0.0 $180.000000 2.0k 0.09
Cbs Corp. cla 0.0 $2.2k 108.00 20.37
Market Vectors Gold Miners gold mine etf 0.0 $2.0k 37.00 55.14
General Mtrs Co *w exp 07/10/201 0.0 $1.5k 128.00 11.64
General Mtrs Co *w exp 07/10/201 0.0 $1.0k 128.00 7.97
Euro Disney Sca 0.0 $10.000000 1.00 10.00
Lehman Bro Cap 10/31/52 0.0 $800.000000 8.0k 0.10
Lighting Science Group C 0.0 $2.1k 781.00 2.65