Stocks/Funds/CIK 1911832

Forum Financial Management, LP

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1911832
Assets
$7.07B
+17.0% YoY
Holdings
331
Lifetime alpha vs market
+2.58% annual
Average hold time
3.4 yr
median 4.3 yr

Quarterly history

Cum return +62% vs S&P +45% · α +17% lifetimeAUM $7.1B · peak $7.7BFlow $-560M (-7%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-1.36%
trims when stocks drop
when a holding falls −10%+
Middle response
-1.68%
baseline attrition
Rally response
-3.96%
trims into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
DFACDimensional - US Core Eq$1.64B23.3%4.5 yr
TLHiShares 10-20 Year Treas$900M12.7%3.5 yr
DFATDimensional - US Targete$646M9.1%4.5 yr
DFICDimensional - Internatio$576M8.2%4.0 yr
DFEMDimensional - Emerging M$567M8.0%4.0 yr
DFGRDimensional - Global Rea$466M6.6%3.5 yr
DFGPDimensional - Global Cor$353M5.0%2.3 yr
DUHPDimensional - US High Pr$311M4.4%4.0 yr
DISVDimensional - Internatio$221M3.1%4.0 yr
DIHPDimensional - Internatio$202M2.9%4.0 yr
AMGNAmgen Inc.$122M1.7%+16.5%4.3 yr
DFUSDimensional - US Equity $83M1.2%4.5 yr
VTEBVanguard Tax-Exempt Bond$66M0.9%3.3 yr
AAPLApple Inc.$65M0.9%+14.7%4.3 yr
HYDVanEck High Yield Muni E$64M0.9%2.5 yr

Portfolio composition (YoY)

Industry mix
Asset Management68.0%+8.2pp$4.80B
Asset Management - Bonds12.8%-0.4pp$906M
Asset Management - Global6.6%+0.4pp$466M
Asset Management - Income5.1%+0.1pp$359M
Drug Manufacturers - General2.1%-0.4pp$145M
Internet Content & Information1.0%-0.1pp$72M
Consumer Electronics0.9%-0.3pp$65M
Software - Infrastructure0.6%-0.8pp$41M
Oil & Gas Midstream0.4%+0.2pp$29M
Semiconductors0.3%-0.4pp$20M
Country
US99.9%+1.7pp
CA0.0%-0.1pp
GB0.0%-0.2pp
IE0.0%-0.1pp
CH0.0%-0.1pp
SG0.0%-0.0pp
Unknown0.0%-0.1pp
TW0.0%
Top 5: 61.3% · Top 10: 83.3% · Top 25: 93.1%

Winners

TickerPrev $PnLYoY %
PLTR$43M+0.03B73.3%
AMGN$109M+0.02B16.5%
GOOG$21M+0.02B84.3%
AAPL$70M+0.01B14.7%
OKE$1M-0.00B-3.8%

Losers

TickerPrev $PnLYoY %
MSFT$30M-0.00B-0.6%
META$23M-0.00B-0.4%
OKE$1M-0.00B-3.8%

Top buys this quarter · 15

APO Apollo Global Management, Inc.+$2M
TRIN Trinity Capital Inc.+$0M
RBRK Rubrik, Inc.new+$0M
EPD Enterprise Products Partners L+$0M
VNOM Viper Energy, Inc.new+$0M
SO The Southern Company+$0M
DUK Duke Energy Corporation+$0M
EXC Exelon Corporation+$0M
ARM Arm Holdings plc American Depo+$0M
UPS United Parcel Service, Inc.+$0M

Top sells this quarter · 15

NVDA NVIDIA Corporation$19M
AAPL Apple Inc.$17M
MSFT Microsoft Corporation$17M
AMZN Amazon.com, Inc.$15M
JPM JPMorgan Chase & Co.$13M
GOOG Alphabet Inc.$11M
XOM Exxon Mobil Corporation$11M
META Meta Platforms, Inc.$9M
AVGO Broadcom Inc.$8M
TOTB.DE TotalEnergies SEexit$6M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$7.07B331+24.86%+17.59%+7.27%-0.56B
2025-12-31$7.69B1011+24.68%+17.72%+6.97%+0.03B
2025-09-30$7.31B1007+22.74%+17.52%+5.22%+0.07B
2025-06-30$6.57B951+19.30%+14.94%+4.36%-0.02B
2025-03-31$6.04B866+13.37%+8.30%+5.06%+0.06B
2024-12-31$6.04B890+21.74%+24.89%-3.15%-0.16B
2024-09-30$6.01B765+30.07%+36.04%-5.96%+0.10B
2024-06-30$5.53B714+23.05%+24.49%-1.44%-0.54B
2024-03-31$5.84B738+23.42%+29.62%-6.20%+0.20B
2023-12-31$5.31B683+19.35%+26.18%-6.83%+0.32B
2023-09-30$4.52B638+20.42%+21.57%-1.15%+0.01B
2023-06-30$4.46B657+13.02%+19.42%-6.41%+0.86B
2023-03-31$3.46B617-2.93%-7.82%+4.89%+0.34B
2022-12-31$3.03B589-10.02%-18.17%+8.16%+0.73B
2022-09-30$2.07B540-5.04%-4.93%-0.11%+0.19B
2022-06-30$1.98B568-10.61%-16.11%+5.50%+0.13B