UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
12-31-2022
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
America First Investment Advisors, LLC
Address:
10050 REGENCY CIRCLE
SUITE 515
OMAHA, NE 68114
Form 13F File Number:
028-11259

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Eric Ball
Title:
CEO and Chief Compliance Officer
Phone:
(402) 991-0994


Signature, Place, and Date of Signing:

Eric Ball
                         [Signature]
Omaha, NEBRASKA
                 [City, State]
01-31-2023
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
94
Form 13F Information table Value Total:
338973
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
Apple Inc.COM0378331008676,674SHSOLE06,674 0 0
AbbVie IncCOM00287Y10948300SHSOLE0300 0 0
Abbott LaboratoriesCOM00282410017,871162,777SHSOLE0155,360 0 7,417
Archer-Daniels-MidlandCOM03948310254581SHSOLE0581 0 0
Automatic Data ProcessinCOM05301510320,90587,520SHSOLE082,963 0 4,557
Agnico Eagle Mines LtdCOM008474108771,490SHSOLE01,490 0 0
Albemarle Corp.COM012653101315SHSOLE015 0 0
Amazon.com Inc.COM02313510611,059131,656SHSOLE0125,666 0 5,990
Brookfield Asset ManagemCOM1130041052,927102,105SHSOLE096,443 0 5,662
Booking Holdings Inc.COM09857L10863SHSOLE03 0 0
Brookfield Corp.CL A LTD VT S11271J10712,487396,918SHSOLE0377,399 0 19,519
Berkshire Hathaway ACL A08467010810,31222SHSOLE021 0 1
Berkshire Hathaway BCL B0846707023,87212,535SHSOLE012,072 0 463
Crown Castle Intl Corp.COM22822V101862SHSOLE062 0 0
Clorox Co.COM18905410910,54075,110SHSOLE075,110 0 0
CME Group Inc.COM CL A12572Q10515,01389,278SHSOLE084,250 0 5,028
ConocoPhillipsCOM20825C1041471,249SHSOLE01,249 0 0
Cardiff Oncology IncCOM14147L10864,000SHSOLE0 0 0 4,000
CVS Corp.COM12665010018190SHSOLE0190 0 0
Chevron Corp.COM1667641006063,378SHSOLE03,378 0 0
Diageo PLCSPON ADR25243Q20516,33891,686SHSOLE086,801 0 4,885
Walt Disney Co.COM2546871061081,243SHSOLE01,243 0 0
Devon Energy Corp.COM25179M1039151SHSOLE0151 0 0
iShares Trust MSCI DenmaETF46429B52319200SHSOLE0200 0 0
Emerson Electric Co.COM29101110414150SHSOLE0150 0 0
Enbridge Inc.COM29250N10516,428420,150SHSOLE0398,267 0 21,883
Invesco Russell 1000 EquETF46138E42011282SHSOLE0282 0 0
Diamondback EnergyCOM25278X109113827SHSOLE0827 0 0
Fifth Third Bancorp.COM316773100 0 6SHSOLE06 0 0
Fresenius Medical Care ASPONSORED ADR3580291069538SHSOLE0538 0 0
Franco-Nevada Corp.COM35185810518,718137,149SHSOLE0130,437 0 6,712
General Dynamics Corp.COM3695501084121,662SHSOLE01,662 0 0
Greystone Housing ImpactBEN UNIT CTF02364V2062,144123,200SHSOLE0 0 0 123,200
Alphabet Inc. - Cl ACL A02079K30516,548187,557SHSOLE0178,005 0 9,552
Goldman Sachs Group Inc.COM38141G104310SHSOLE010 0 0
GlaxoSmithKline PlcADR37733W20414400SHSOLE0400 0 0
Haleon PLC ADRCOM4055521004500SHSOLE0500 0 0
Hershey Foods Corp.COM4278661087703,327SHSOLE03,327 0 0
iShares Russell Midcap GETF46428748117202SHSOLE0202 0 0
Johnson & JohnsonCOM47816010417,829100,926SHSOLE095,850 0 5,076
JP Morgan Chase & Co.COM46625H1002822,100SHSOLE02,100 0 0
Kinder Morgan Inc.COM49456B1013160SHSOLE0160 0 0
Coca Cola Co.COM1912161001,00815,848SHSOLE015,848 0 0
Mastercard Inc.CL A57636Q10414,70542,289SHSOLE040,083 0 2,206
McDonalds Corp.COM58013510147180SHSOLE0180 0 0
Mondelez Intl Inc Cl ACL A609207105771,150SHSOLE01,150 0 0
Medtronic Inc.SHSG5960L10354695SHSOLE0695 0 0
MetLife Inc.COM59156R10838530SHSOLE0530 0 0
Meta Platforms, Inc.CL A30303M102540SHSOLE040 0 0
MFA Financial Inc.COM55272X60720520,838SHSOLE0 0 0 20,838
3M Co.COM88579Y10113106SHSOLE0106 0 0
Merck & Co Inc.COM58933Y1051271,149SHSOLE01,149 0 0
Microsoft Corp.COM5949181044731,972SHSOLE01,972 0 0
Micron Technology Inc.COM5951121031673,335SHSOLE03,335 0 0
Netflix Inc.COM64110L10638128SHSOLE0128 0 0
New Gold Inc.COM6445351062222,660SHSOLE0660 0 22,000
Organon & CoCOM68622V1063109SHSOLE0109 0 0
Omega Healthcare InvestoCOM68193610011400SHSOLE0400 0 0
ONEOK Inc.COM682680103791,200SHSOLE01,200 0 0
Universal Display CorpCOM91347P10520183SHSOLE0183 0 0
Oracle Corp.COM68389X105941,153SHSOLE01,153 0 0
Occidental Petroleum CorCOM67459910523358SHSOLE0358 0 0
Paramount GlobalClass B COM92556H2067432SHSOLE0432 0 0
Pepsico Inc.COM7134481085092,819SHSOLE02,819 0 0
Pfizer Inc.COM71708110320,336396,885SHSOLE0375,617 0 21,268
Procter & GambleCOM7427181096814,492SHSOLE04,492 0 0
Invesco Global Water ETFETF46138E65113400SHSOLE0400 0 0
Palantir Technologies InCOM69608A10810,8701,693,164SHSOLE01,604,404 0 88,760
Phillips 66COM7185461047497,198SHSOLE07,198 0 0
Royal Gold Inc.COM78028710817,888158,692SHSOLE0150,599 0 8,093
Reliance Steel & AluminuCOM75950910220100SHSOLE0100 0 0
Invesco S&P 500 Equal WeETF46137V3572801,983SHSOLE01,983 0 0
Charles Schwab Corp.COM808513105831,000SHSOLE01,000 0 0
Sealed Air Corp.COM81211K10010200SHSOLE0200 0 0
iShares 1-3 Yr Treas.ETF46428745716,438202,510SHSOLE0194,773 0 7,737
SLBCOM80685710818,878353,125SHSOLE0334,574 0 18,551
SPDR S&P 500TR UNIT78462F103360941SHSOLE0941 0 0
AT&T Inc.COM00206R10210541SHSOLE0541 0 0
iShares TIPS BondETF4642871764153,899SHSOLE03,899 0 0
Thermo Fisher ScientificCOM88355610255100SHSOLE0100 0 0
Tesla Inc.COM88160R1011371,110SHSOLE01,110 0 0
Tyson Foods Inc.CL A90249410322350SHSOLE0350 0 0
Union Pacific Corp.COM90781810860290SHSOLE0290 0 0
US Bancorp.COM9029733042,16649,670SHSOLE049,670 0 0
Visa IncCOM CL A92826C83914,06967,719SHSOLE064,213 0 3,506
Verizon CommunicationsCOM92343V10410253SHSOLE0253 0 0
Warner Bros Discovery InCOM934423104161SHSOLE061 0 0
Wells Fargo Co.COM94974610123561SHSOLE0561 0 0
Williams Cos. Inc.COM96945710029883SHSOLE0883 0 0
Wheaton Precious Metals COM96287910219480SHSOLE0480 0 0
WR Berkley Corp.COM08442310220,951288,700SHSOLE0272,901 0 15,799
SPDR Energy Select SectoETF81369Y50631360SHSOLE0360 0 0
Xylem Inc.COM98419M10022200SHSOLE0200 0 0
Zoetis Inc. Cl ACL A98978V103323SHSOLE023 0 0