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Forum Financial Management, LP

13F for the quarter to June 30, 2026, filed July 23, 2026 · SEC CIK 1911832

Reported value
$7.8bn
7% in companies we cover
Positions we cover
197
Largest AMGN 1.6%
Copy, a year
+18.4%
S&P 500 +13.9%
Copy Sharpe ratio
0.90
S&P 500 0.62

How copying its 13F would have done

$10.0k$20.0k 20222023202420252026 $22.0k$18.4k
CopyS&P 500 $10,000 copying Forum Financial Management, LP's filed holdings in companies we cover from February 25, 2022, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −17.0% (S&P 500 −20.5%); beta 0.87; alpha +5.0% a year (t = 1.82); last 12 months +23.6% against +12.1%.

Reported value by quarter

Forum Financial Management, LP: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $1T $2T $3T $4T Reported value, 2021-12-31: $1.9B Reported value, 2022-03-31: $2.1B Reported value, 2022-06-30: $2B Reported value, 2022-09-30: $2.1B Reported value, 2022-12-31: $3T Reported value, 2023-03-31: $3.5B Reported value, 2023-06-30: $4.5B Reported value, 2023-09-30: $4.5B Reported value, 2023-12-31: $5.3B Reported value, 2024-03-31: $5.9B Reported value, 2024-06-30: $5.5B Reported value, 2024-09-30: $6B Reported value, 2024-12-31: $6B Reported value, 2025-03-31: $6B Reported value, 2025-06-30: $6.6B Reported value, 2025-09-30: $7.3B Reported value, 2025-12-31: $7.7B Reported value, 2026-03-31: $7.1B Reported value, 2026-06-30: $7.8B 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2026-06-30 $7.8B
View chart data
Period Reported value
2021-12-31 $1.9B
2022-03-31 $2.1B
2022-06-30 $2B
2022-09-30 $2.1B
2022-12-31 $3T
2023-03-31 $3.5B
2023-06-30 $4.5B
2023-09-30 $4.5B
2023-12-31 $5.3B
2024-03-31 $5.9B
2024-06-30 $5.5B
2024-09-30 $6B
2024-12-31 $6B
2025-03-31 $6B
2025-06-30 $6.6B
2025-09-30 $7.3B
2025-12-31 $7.7B
2026-03-31 $7.1B
2026-06-30 $7.8B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
AMGNAmgen1.62%$126.0m348.0K0.0%
AAPLApple Inc.0.95%$73.9m255.4K−0.7% Reduced
GOOGLAlphabet Inc. (Class A)0.44%$34.4m96.2K+0.8% Added
MSFTMicrosoft Corporation0.22%$17.4m46.7K−2.3% Reduced
NVDANVIDIA Corporation0.18%$13.8m69.0K+25.9% Added
ABBVAbbVie0.18%$13.8m54.7K+1.7% Added
METAMeta Platforms0.17%$13.1m23.3K+2.8% Added
AMZNAmazon0.17%$13.0m54.7K+1.0% Added
OKEOneok0.16%$12.8m147.0K+0.2%
JPMJPMorgan Chase0.15%$11.5m35.0K−14.6% Reduced
DEDeere & Company0.10%$7.6m12.0K−0.6% Reduced
LLYLilly (Eli)0.08%$6.3m5.3K+2.6% Added
CATCaterpillar Inc.0.07%$5.5m5.2K+6.0% Added
OSBCOLD Second Bancorp Inc0.06%$4.8m205.7K0.0%
WMTWalmart0.06%$4.7m41.6K+0.2%
AVGOBroadcom0.06%$4.6m12.1K+7.6% Added
HDThe Home Depot0.06%$4.4m12.5K+0.6% Added
MARMarriott International0.06%$4.4m11.7K−7.8% Reduced
MUMicron Technology0.05%$4.2m3.7K+14.3% Added
BSMBlack Stone Minerals, L.p.0.05%$4.2m300.0K0.0%
ABTAbbott Laboratories0.05%$4.1m45.3K−3.3% Reduced
CBOECboe Global Markets0.04%$3.5m14.5K0.0%
MPLXMplx LP0.04%$3.5m62.3K0.0%
COSTCostco0.04%$3.3m3.5K+0.9% Added
JNJJohnson & Johnson0.04%$3.2m12.6K+6.5% Added
INTCIntel0.04%$3.1m22.4K−0.6% Reduced
CNPCenterPoint Energy0.04%$3.1m70.0K0.0%
SYYSysco0.04%$3.1m36.9K0.0%
GEGE Aerospace0.03%$2.6m7.1K+12.6% Added
TSLATesla, Inc.0.03%$2.6m6.3K+3.1% Added
PGProcter & Gamble0.03%$2.6m17.7K+32.8% Added
ALLAllstate0.03%$2.6m10.8K−5.0% Reduced
MCDMcDonald's0.03%$2.5m9.4K+0.2%
APOApollo Global Management0.03%$2.5m20.9K−4.5% Reduced
AMDAdvanced Micro Devices0.03%$2.3m4.0K+3.5% Added
CVXChevron Corporation0.03%$2.3m13.7K−5.4% Reduced
LMTLockheed Martin0.03%$2.1m4.1K+0.7% Added
GEVGE Vernova0.03%$2.1m1.8K+3.1% Added
AMATApplied Materials0.03%$2.0m2.8K−5.0% Reduced
GHCGraham Holdings Co0.03%$2.0m1.7K0.0%
ODCOil-dri Corp Of America0.02%$1.8m18.1K+42.4% Added
KOThe Coca-Cola Company0.02%$1.8m21.8K+1.4% Added
PLTRPalantir Technologies Inc.0.02%$1.7m14.7K−89.4% Reduced
MSMorgan Stanley0.02%$1.6m7.5K−42.4% Reduced
EPDEnterprise Products Partners L.p.0.02%$1.6m42.4K+0.5%
SBUXStarbucks0.02%$1.5m14.5K+0.1%
UNPUnion Pacific Corporation0.02%$1.5m5.4K+2.0% Added
CSCOCisco0.02%$1.5m12.6K+8.1% Added
STXSeagate Technology0.02%$1.5m1.5K+0.7% Added
MRKMerck & Co.0.02%$1.4m10.9K+3.9% Added
BNYBNY Mellon0.02%$1.4m9.4K+1.4% Added
IBMIBM0.02%$1.3m4.8K−2.2% Reduced
WFCWells Fargo0.02%$1.3m16.2K+7.7% Added
PMPhilip Morris International0.02%$1.3m7.2K+5.2% Added
COFCapital One0.02%$1.3m6.4K−1.8% Reduced
VVisa Inc.0.02%$1.2m3.5K+3.1% Added
ORCLOracle Corporation0.01%$1.1m7.4K−21.8% Reduced
FRMIFermi Inc.0.01%$1.1m117.0KNew
CMECME Group0.01%$1.1m4.8K+1.1% Added
NFLXNetflix0.01%$1.0m14.5K+24.0% Added
MOAltria0.01%$1.0m14.4K+7.0% Added
APDAir Products0.01%$997,9853.4K+1.3% Added
TAT&T0.01%$972,71047.0K−12.3% Reduced
NSCNorfolk Southern0.01%$963,7323.1K+1.1% Added
TXNTexas Instruments0.01%$938,3253.1K0.0%
AXPAmerican Express0.01%$936,9812.8K+3.3% Added
PFEPfizer0.01%$931,10938.7K+7.2% Added
GLWCorning Inc.0.01%$909,3553.6K+2.2% Added
GILDGilead Sciences0.01%$890,5437.0K+0.4%
KMIKinder Morgan0.01%$888,25427.8K+0.4%
TSMTaiwan Semiconductor Manufacturing Co LTD0.01%$856,6991.8K+46.6% Added
KMBKimberly-Clark0.01%$853,1567.8K+3.9% Added
VZVerizon0.01%$849,40320.1K+3.3% Added
UPSUnited Parcel Service0.01%$839,3397.8K+1.3% Added
DISThe Walt Disney Company0.01%$833,3668.7K−6.5% Reduced
SWKSSkyworks Solutions, Inc.0.01%$817,45712.1K0.0%
DIODDiodes Inc0.01%$797,2717.3K−30.5% Reduced
PEPPepsiCo0.01%$765,3855.7K+14.2% Added
BACBank of America0.01%$764,51513.4K−4.9% Reduced
NEENextEra Energy0.01%$749,2378.5K+1.1% Added
CRWDCrowdStrike0.01%$726,510952+61.6% Added
CBChubb Limited0.01%$717,2582.1K−1.6% Reduced
TRINTrinity Capital Inc.0.01%$715,60040.0K0.0%
METMetLife0.01%$704,8228.3K+14.8% Added
RTXRTX Corporation0.01%$689,3953.6K−4.0% Reduced
CCitigroup0.01%$669,8134.8K+2.9% Added
TJXTJX Companies0.01%$644,1234.3K−2.6% Reduced
MAMastercard0.01%$630,6961.2K+1.2% Added
SOSouthern Company0.01%$625,7606.5K+4.6% Added
WMBWilliams Companies0.01%$625,1308.4K−27.2% Reduced
WTFCWintrust Financial Corp0.01%$614,7543.8K0.0%
PWRQuanta Services0.01%$614,731854+1.5% Added
COPConocoPhillips0.01%$611,0355.9K+0.1%
BABoeing0.01%$609,3152.8K−6.0% Reduced
DUKDuke Energy0.01%$598,4754.7K+2.9% Added
ADPAutomatic Data Processing0.01%$597,3732.7K−19.8% Reduced
HSYThe Hershey Company0.01%$581,0083.3K−2.3% Reduced
PRUPrudential Financial0.01%$577,7125.4K+2.8% Added
ANETArista Networks0.01%$559,2453.3KNew
ADIAnalog Devices0.01%$558,8351.4K−5.1% Reduced
FITBFifth Third Bancorp0.01%$558,4349.9K−19.9% Reduced
BXBlackstone Inc.0.01%$554,9274.7K−6.1% Reduced
UNHUnitedHealth Group0.01%$549,7461.3K+1.5% Added
FTNTFortinet0.01%$535,8273.5K0.0%
DHRDanaher Corporation0.01%$535,4402.8K+4.7% Added
CEGConstellation Energy0.01%$515,4392.1K−2.6% Reduced
WECWEC Energy Group0.01%$504,6804.3K0.0%
CHMGChemung Financial Corp0.01%$502,8936.7K0.0%
KKRKKR & Co.0.01%$501,3175.5K0.0%
ADBEAdobe Inc.0.01%$501,0712.4K+2.0% Added
PCARPaccar0.01%$500,3694.2K+0.2%
WALWestern Alliance Bancorporation0.01%$497,8046.1K0.0%
DDominion Energy0.01%$496,5567.3K+1.7% Added
PRSUPursuit Attractions & Hospitality, Inc.0.01%$492,9358.8K0.0%
TEMTempus AI, Inc.0.01%$481,5728.3K0.0%
KLACKLA Corporation0.01%$461,6161.5K+900.0% Added
PSXPhillips 660.01%$451,0122.7K−1.7% Reduced
TRVThe Travelers Companies0.01%$440,3811.3K0.0%
MCKMcKesson0.01%$423,1365600.0%
LOWLowe's0.01%$419,4031.9K+15.8% Added
DELLDell Technologies0.01%$409,361949New
BIIBBiogen0.01%$408,3541.9K0.0%
SHOPShopify Inc.0.01%$390,6103.4K+10.0% Added
AFLAflac0.01%$378,8353.2K0.0%
ORLYO'Reilly Automotive0.01%$375,8204.1K0.0%
BXSLBlackstone Secured Lending Fund0.01%$373,07715.7K0.0%
WELLWelltower0.01%$369,9621.6K+8.8% Added
NETCloudflare, Inc.0.01%$367,4301.5K+3.5% Added
HTHHilltop Holdings Inc.0.01%$360,1129.3K0.0%
CRMSalesforce0.01%$358,6172.3K−9.7% Reduced
DLRDigital Realty0.01%$354,1352.0K−1.0% Reduced
PANWPalo Alto Networks0.01%$353,6381.0KNew
MRVLMarvell Technology0.01%$353,0901.2KNew
ETNEaton Corporation0.00%$348,993819+10.7% Added
SCHWCharles Schwab Corporation0.00%$348,9443.8K+0.7% Added
EXCExelon0.00%$343,7257.4K−0.2%
SDSandridge Energy Inc0.00%$342,50025.0K0.0%
OLEDUniversal Display Corp \pa\0.00%$337,0953.9K0.0%
SHWSherwin-Williams0.00%$334,3359710.0%
GDGeneral Dynamics0.00%$331,312935−9.7% Reduced
MLMMartin Marietta Materials0.00%$329,2965710.0%
SCLStepan Co0.00%$328,4705.9K0.0%
MELIMercadolibre Inc0.00%$312,320184−5.2% Reduced
QCOMQualcomm0.00%$305,9791.7KNew
STRLSterling Infrastructure, Inc.0.00%$304,688363New
AEPAmerican Electric Power0.00%$292,6362.1K+11.7% Added
CMICummins0.00%$286,960402+6.3% Added
LINLinde plc0.00%$283,3425460.0%
WMWaste Management0.00%$276,1371.2K+9.0% Added
CHDChurch & Dwight0.00%$273,0402.8K+0.2%
CompanyBought (value)Shares
NVDANVIDIA Corporation$2.8m14.2K
FRMIFermi Inc.$1.1m117.0K
PGProcter & Gamble$641,2644.4K
ANETArista Networks$559,2453.3K
ODCOil-dri Corp Of America$548,8685.4K
MUMicron Technology$528,676458
KLACKLA Corporation$415,4541.4K
DELLDell Technologies$409,361949
PANWPalo Alto Networks$353,6381.0K
MRVLMarvell Technology$353,0901.2K
METAMeta Platforms$352,053625
AVGOBroadcom$322,965855
CATCaterpillar Inc.$309,917291
QCOMQualcomm$305,9791.7K
STRLSterling Infrastructure, Inc.$304,688363

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
PLTRPalantir Technologies Inc.−$14.5m−124.4K
JPMJPMorgan Chase−$2.0m−6.0K
MSMorgan Stanley−$1.1m−5.5K
AAPLApple Inc.−$495,383−1.7K
MSFTMicrosoft Corporation−$412,932−1.1K
MARMarriott International−$370,602−1.0K
DIODDiodes Inc−$349,552−3.2K
RBRKRubrik, Inc.−$335,249−6.8K
ACNAccenture−$310,918−1.6K
ORCLOracle Corporation−$302,314−2.1K
BABAAlibaba Group Holding Ltd−$263,842−2.1K
ARMARM Holdings PLC−$253,848−1.7K
WMBWilliams Companies−$233,206−3.1K
GEHCGE HealthCare−$226,142−3.2K
MDTMedtronic−$220,698−2.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
RBRKRubrik, Inc.$335,2496.8K
ACNAccenture$310,9181.6K
BABAAlibaba Group Holding Ltd$263,8422.1K
ARMARM Holdings PLC$253,8481.7K
GEHCGE HealthCare$226,1423.2K
MDTMedtronic$220,6982.5K
VNOMViper Energy, Inc.$214,9024.6K
LHXL3Harris$214,467621
DOCUDocusign, Inc.$206,7084.4K
NNOXNano-x Imaging Ltd.$22,70010.0K
  • Health Care30.8%
  • Technology27.0%
  • Communication Services9.8%
  • Financials8.5%
  • Consumer Discretionary6.4%
  • Industrials5.7%
  • Energy5.4%
  • Consumer Staples4.3%
  • Utilities1.4%
  • Materials0.4%
  • Real Estate0.4%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestFebruary 25, 2022 to November 2, 2026+18.4%+13.9%0.900.62−17.0%0.87
Last three yearsNovember 3, 2023 to November 2, 2026+27.1%+21.8%1.481.16−17.0%0.89
Last yearNovember 7, 2025 to November 2, 2026+24.6%+14.2%1.640.84−7.6%0.70

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.