Bretton Fund
			Schedule of Investments
			March 31, 2024 (Unaudited)
Shares					Cost		Fair Value	% of Net Assets
COMMON STOCKS
Canned, Frozen & Preserved Fruit, Vegetables & Food Specialties
245,430		Armanino Foods of Distinction, Inc.			$     241,491		$  1,519,212		1.60%
Finance Services
23,100		American Express Company			1,887,694		5,259,639		5.53%
Fire, Marine & Casualty Insurance
7,500		Berkshire Hathaway Inc. - Class B *			1,116,560		3,153,900
33,400		The Progressive Corporation			2,377,130		6,907,788
					3,493,690		10,061,688		10.59%
Hospital & Medical Service Plans
8,600		UnitedHealth Group Incorporated			2,796,694		4,254,420		4.48%
Laboratory Analytical Instruments
11,000		Revvity, Inc.			1,385,326		1,155,000		1.21%
National Commercial Banks
126,000		Bank of America Corporation			2,683,732		4,777,920
24,000		JPMorgan Chase & Co.			1,799,506		4,807,200
					4,483,238		9,585,120		10.09%
Operative Builders
124,500		Dream Finders Homes, Inc. - Class A *			2,942,713		5,444,385
690		NVR, Inc. *			2,103,937		5,588,972
					5,046,650		11,033,357		11.61%
Railroad, Line-Haul Operating
15,350		Union Pacific Corporation			1,243,056		3,775,025		3.97%
Retail - Auto & Home Supply Stores
2,000		AutoZone, Inc. *			1,416,158		6,303,300		6.63%
Retail - Family Clothing Stores
34,700		Ross Stores Inc.			1,801,642		5,092,572
47,000		The TJX Companies, Inc.			2,014,486		4,766,740
					3,816,128		9,859,312		10.37%
Services - Business Services, NEC
9,380		MasterCard Incorporated - Class A			849,356		4,517,127
15,300		Visa Inc. - Class A			1,733,343		4,269,924
					2,582,699		8,787,051		9.25%
Services - Computer Processing & Data Preparation
57,000		Alphabet Inc. - Class C *			2,082,582		8,678,820		9.13%
Services - Consumer Credit Reporting, Collection Agencies
8,300		Moody's Corporation			2,461,261		3,262,149
9,300		S&P Global Inc.			2,655,628		3,956,685
					5,116,889		7,218,834		7.60%
Services - Prepackaged Software
12,800		Microsoft Corporation			2,010,817		5,385,216		5.67%
Total for Common Stocks					$37,603,112		$92,875,994		97.73%
Total Investments					$37,603,112		$92,875,994
Other Assets in Excess of Liabilities							$  2,153,496		2.27%
Net Assets							$95,029,490		100.00%
* Non-Income Producing Securities.