U.S. Treasury Note/Bond

NPORT-P false 0000315774 XXXXXXXX S000029851 C000091784 C000091785 FORUM FUNDS 811-03023 0000315774 549300LXYEU14CHGAO13 THREE CANAL PLAZA, SUITE 600 PORTLAND 04101 207-347-2000 MAI MANAGED VOLATILITY FUND S000029851 254900D8VW9313JUBF29 2026-08-31 2026-02-28 N 220441946.08 4046016.01 216395930.07 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 690535.82000000 N S&P 500 (TR) 500TR US TREASURY N/B 254900HROIFWPRGM1V77 U.S. Treasury Note/Bond 91282CLY5 5000000.00000000 PA USD 5023922.25000000 2.321634352538 Long DBT UST US N 2 2026-11-30 Fixed 4.25000000 N N N N N N N/A N/A CBOE S&P 500 INDEX N/A -5.00000000 NC USD -28600.00000000 -0.01321651474 N/A DE CORP US N 1 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 7000.00000000 USD 2026-03-31 XXXX 40273.54000000 N N N Cisco Systems Inc 549300LKFJ962MZ46593 Cisco Systems, Inc. 17275R102 27517.00000000 NS USD 2186500.82000000 1.010416794480 Long EC CORP US N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 Union Pacific Corp. 907818108 4919.00000000 NS USD 1303436.62000000 0.602338786860 Long EC CORP US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 The Procter & Gamble Co. 742718109 4882.00000000 NS USD 816270.40000000 0.377211530612 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -15.00000000 NC USD -332325.00000000 -0.15357266649 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6700.00000000 USD 2026-03-17 XXXX 168742.62000000 N N N SLB Ltd 213800ZUA17OK3QLGM62 SLB, Ltd. 806857108 8894.00000000 NS USD 456617.96000000 0.211010419582 Long EC CORP CW N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 Walmart, Inc. 931142103 17265.00000000 NS USD 2209056.75000000 1.020840248375 Long EC CORP US N 1 N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 Advanced Micro Devices, Inc. 007903107 11966.00000000 NS USD 2395712.86000000 1.107097004654 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -5.00000000 NC USD -88260.00000000 -0.04078634934 N/A DE CORP US N 1 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6725.00000000 USD 2026-03-10 XXXX 29088.54000000 N N N NextEra Energy Inc 254900RHL9MEUS5NKX63 NextEra Energy, Inc. 65339F101 33945.00000000 NS USD 3183022.65000000 1.470925376909 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -5.00000000 NC USD -91625.00000000 -0.04234136934 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6775.00000000 USD 2026-03-24 XXXX 47113.54000000 N N N Otis Worldwide Corp 549300ZLBKR8VSU25153 Otis Worldwide Corp. 68902V107 2696.00000000 NS USD 249541.76000000 0.115317215032 Long EC CORP US N 1 N N N Air Products and Chemicals Inc 7QEON6Y1RL5XR3R1W237 Air Products and Chemicals, Inc. 009158106 2318.00000000 NS USD 639003.06000000 0.295293474231 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 Medtronic PLC G5960L103 10745.00000000 NS USD 1049356.70000000 0.484924415935 Long EC CORP IE N 1 N N N N/A N/A CBOE S&P 500 INDEX 62X994FE2 -5.00000000 NC USD -12100.00000000 -0.00559160239 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6425.00000000 USD 2026-03-24 XXXX 5943.04000000 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc. 172967424 11965.00000000 NS USD 1318423.35000000 0.609264393084 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX 54W99VD93 -15.00000000 NC USD -283200.00000000 -0.13087122290 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6800.00000000 USD 2026-04-04 XXXX 36699.62000000 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 Berkshire Hathaway, Inc. 084670702 3984.00000000 NS USD 2011720.80000000 0.929648168220 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX 62X994FC6 -10.00000000 NC USD -22400.00000000 -0.01035139616 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6400.00000000 USD 2026-03-24 XXXX 12237.08000000 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 15837.00000000 NS USD 1842634.95000000 0.851510908455 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 Amgen, Inc. 031162100 5564.00000000 NS USD 2159722.24000000 0.998041986880 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 NVIDIA Corp. 67066G104 49240.00000000 NS USD 8724835.60000000 4.031885256426 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX 69599HJD7 -15.00000000 NC USD -344700.00000000 -0.15929135076 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6715.00000000 USD 2026-03-24 XXXX 159550.62000000 N N N Palantir Technologies Inc 549300UVN46B3BBDHO85 Palantir Technologies, Inc. 69608A108 556.00000000 NS USD 76277.64000000 0.035249110265 Long EC CORP US N 1 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 Weyerhaeuser Co. 962166104 25155.00000000 NS USD 617052.15000000 0.285149609699 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -15.00000000 NC USD -298425.00000000 -0.13790693748 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6700.00000000 USD 2026-03-10 XXXX 233660.62000000 N N N Super Micro Computer Inc 54930022CZO1N2UGVW07 Super Micro Computer, Inc. 86800U302 2890.00000000 NS USD 93607.10000000 0.043257329271 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -10.00000000 NC USD -190450.00000000 -0.08800997317 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6710.00000000 USD 2026-03-10 XXXX 66052.08000000 N N N N/A N/A CBOE S&P 500 INDEX N/A -8.00000000 NC USD -177920.00000000 -0.08221966094 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6725.00000000 USD 2026-03-24 XXXX 17176.67000000 N N N First American Government Obligations Fund N/A First American Government Obligations Fund 31846V336 49792332.25000000 NS USD 49792332.25000000 23.00982843526 Long STIV RF US N 1 N N N N/A N/A CBOE S&P 500 INDEX 62X994H00 -5.00000000 NC USD -7700.00000000 -0.00355829243 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6275.00000000 USD 2026-03-24 XXXX 9773.35000000 N N N US TREASURY N/B 254900HROIFWPRGM1V77 U.S. Treasury Note/Bond 91282CNT4 2000000.00000000 PA USD 2050000.00000000 0.947337595183 Long DBT UST US N 2 2035-08-15 Fixed 4.25000000 N N N N N N N/A N/A CBOE S&P 500 INDEX N/A -5.00000000 NC USD -14005.00000000 -0.00647193318 N/A DE CORP US N 1 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 7075.00000000 USD 2026-03-31 XXXX 40488.54000000 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 Chubb, Ltd. H1467J104 7060.00000000 NS USD 2406471.60000000 1.112068789473 Long EC CORP CH N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 19736.00000000 NS USD 7751116.64000000 3.581914242792 Long EC CORP US N 1 N N N US Bancorp N1GZ7BBF3NP8GI976H15 U.S. Bancorp 902973304 13795.00000000 NS USD 754034.70000000 0.348451424089 Long EC CORP US N 1 N N N OCCIDENTAL PETROLEUM CORP IM7X0T3ECJW4C1T7ON55 Occidental Petroleum Corp. 674599162 415.00000000 NC USD 12885.75000000 0.005954709959 N/A DE CORP US N 1 The Depository Trust & Clearing Corporation MLDY5N6PZ58ZE60QU102 Call Purchased Occidental Petroleum Corp Occidental Petroleum Corp 1.00000000 22.00000000 USD 2027-08-03 XXXX 12885.75000000 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 Mondelez International, Inc. 609207105 11646.00000000 NS USD 717160.68000000 0.331411353146 Long EC CORP US N 1 N N N Viatris Inc 254900ZZTSW7NL773X71 Viatris, Inc. 92556V106 2585.00000000 NS USD 38594.05000000 0.017834924153 Long EC CORP US N 1 N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 Kinder Morgan, Inc. 49456B101 48133.00000000 NS USD 1601384.91000000 0.740025429074 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -10.00000000 NC USD -11950.00000000 -0.00552228500 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6400.00000000 USD 2026-03-17 XXXX 27346.89000000 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co. 949746101 19495.00000000 NS USD 1587867.75000000 0.733778934514 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co. 46625H100 12857.00000000 NS USD 3860957.10000000 1.784209665473 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 U.S. Treasury Note/Bond 91282CKK6 10000000.00000000 PA USD 10018771.80000000 4.629833748148 Long DBT UST US N 2 2026-04-30 Fixed 4.87500000 N N N N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 Merck & Co., Inc. 58933Y105 6765.00000000 NS USD 837642.30000000 0.387087825417 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -7.00000000 NC USD -20895.00000000 -0.00965591173 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6325.00000000 USD 2026-04-04 XXXX 6795.76000000 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 22360.00000000 NS USD 4695600.00000000 2.169911420460 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -8.00000000 NC USD -30440.00000000 -0.01406680799 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index SPX Index 100.00000000 6425.00000000 USD 2026-04-04 XXXX -4310.32000000 N N N N/A N/A CBOE S&P 500 INDEX N/A -10.00000000 NC USD -27850.00000000 -0.01286992781 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6350.00000000 USD 2026-03-31 XXXX 14347.09000000 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 EOG Resources, Inc. 26875P101 4761.00000000 NS USD 590744.88000000 0.272992601944 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -5.00000000 NC USD -11475.00000000 -0.00530277995 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6275.00000000 USD 2026-03-31 XXXX 10548.35000000 N N N Fortinet Inc 549300O0QJWDBAS0QX03 Fortinet, Inc. 34959E109 4805.00000000 NS USD 379739.15000000 0.175483499101 Long EC CORP US N 1 N N N ServiceNow Inc 549300HJTQM36M0E1G39 ServiceNow, Inc. 81762P102 12220.00000000 NS USD 1319882.20000000 0.609938550865 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 McDonald's Corp. 580135101 2814.00000000 NS USD 959742.84000000 0.443512426361 Long EC CORP US N 1 N N N Chevron Corp N/A Chevron Corp. 166764100 4159.00000000 NS USD 776734.84000000 0.358941519717 Long EC CORP US N 1 N N N Diageo PLC 213800ZVIELEA55JMJ32 Diageo PLC 25243Q205 5376.00000000 NS USD 481152.00000000 0.222347989559 Long EC CORP GB N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -15.00000000 NC USD -301200.00000000 -0.13918930910 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6725.00000000 USD 2026-03-17 XXXX 170720.12000000 N N N Tesla Inc 54930043XZGB27CTOV49 Tesla, Inc. 88160R101 5000.00000000 NS USD 2012550.00000000 0.930031354725 Long EC CORP US N 1 N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc. 30303M102 6989.00000000 NS USD 4530130.02000000 2.093445111714 Long EC CORP US N 1 N N N Organon & Co 549300AMCKY57OK2CO56 Organon & Co. 68622V106 676.00000000 NS USD 4928.04000000 0.002277325640 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 The Walt Disney Co. 254687106 10041.00000000 NS USD 1064747.64000000 0.492036814026 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 Pfizer, Inc. 717081103 20839.00000000 NS USD 576198.35000000 0.266270419140 Long EC CORP US N 1 N N N American Tower Corp 5493006ORUSIL88JOE18 American Tower Corp. 03027X100 3465.00000000 NS USD 664794.90000000 0.307212293588 Long EC CORP US N 1 N N N Anheuser-Busch InBev SA/NV 5493008H3828EMEXB082 Anheuser-Busch InBev SA/NV 03524A108 5660.00000000 NS USD 458177.00000000 0.211730876755 Long EC CORP BE N 1 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp. 22160K105 1270.00000000 NS USD 1283703.30000000 0.593219705927 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -15.00000000 NC USD -272820.00000000 -0.12607445986 N/A DE CORP US N 1 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6800.00000000 USD 2026-03-31 XXXX 129705.62000000 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa, Inc. 92826C839 14260.00000000 NS USD 4565196.40000000 2.109649843471 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 NIKE, Inc. 654106103 10544.00000000 NS USD 655625.92000000 0.302975162142 Long EC CORP US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 AT&T, Inc. 00206R102 25593.00000000 NS USD 716859.93000000 0.331272371790 Long EC CORP US N 1 N N N Carrier Global Corp 549300JE3W6CWY2NAN77 Carrier Global Corp. 14448C104 5392.00000000 NS USD 347244.80000000 0.160467343303 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 Comcast Corp. 20030N101 29802.00000000 NS USD 922669.92000000 0.426380440566 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 U.S. Treasury Note/Bond 91282CMB4 5000000.00000000 PA USD 5051562.50000000 2.334407351545 Long DBT UST US N 2 2027-12-15 Fixed 4.00000000 N N N N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc. 02079K305 27960.00000000 NS USD 8716809.60000000 4.028176314212 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group, Inc. 91324P102 3911.00000000 NS USD 1146978.97000000 0.530037219105 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -7.00000000 NC USD -157500.00000000 -0.07278325426 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index SPX Index 100.00000000 6650.00000000 USD 2026-03-03 XXXX 96633.96000000 N N N N/A N/A CBOE S&P 500 INDEX 69599HNA8 -15.00000000 NC USD -321225.00000000 -0.14844318000 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6735.00000000 USD 2026-03-24 XXXX 180909.62000000 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 PepsiCo., Inc. 713448108 2968.00000000 NS USD 503788.32000000 0.232808592951 Long EC CORP US N 1 N N N Marathon Petroleum Corp 3BNYRYQHD39K4LCKQF12 Marathon Petroleum Corp. 56585A102 5807.00000000 NS USD 1151005.47000000 0.531897928776 Long EC CORP US N 1 N N N Warner Bros Discovery Inc 5493006ZCRFWKF6B1K26 Warner Bros Discovery, Inc. 934423104 8296.00000000 NS USD 233698.32000000 0.107995709496 Long EC CORP US N 1 N N N Intel Corp KNX4USFCNGPY45LOCE31 Intel Corp. 458140100 15389.00000000 NS USD 701892.29000000 0.324355587359 Long EC CORP US N 1 N N N Exxon Mobil Corp J3WHBG0MTS7O8ZVMDC91 Exxon Mobil Corp. 30231G102 7329.00000000 NS USD 1117672.50000000 0.516494233342 Long EC CORP US N 1 N N N Occidental Petroleum Corp IM7X0T3ECJW4C1T7ON55 Occidental Petroleum Corp. 674599105 3323.00000000 NS USD 176384.84000000 0.081510239098 Long EC CORP US N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 CVS Health Corp. 126650100 9531.00000000 NS USD 761526.90000000 0.351913688835 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 U.S. Treasury Note/Bond 91282CLS8 7500000.00000000 PA USD 7523868.08000000 3.476899069943 Long DBT UST US N 2 2026-10-31 Fixed 4.12500000 N N N N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 The Charles Schwab Corp. 808513105 12732.00000000 NS USD 1212086.40000000 0.560124397722 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple, Inc. 037833100 39660.00000000 NS USD 10477378.80000000 4.841763334740 Long EC CORP US N 1 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 Bristol-Myers Squibb Co. 110122108 11136.00000000 NS USD 694552.32000000 0.320963670516 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX 544991X56 -12.00000000 NC USD -42960.00000000 -0.01985249906 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index SPX Index 100.00000000 6400.00000000 USD 2026-04-04 XXXX 24.01000000 N N N RTX Corp I07WOS4YJ0N7YRFE7309 RTX Corp. 75513E101 14637.00000000 NS USD 2965748.94000000 1.370519740847 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp. 060505104 50272.00000000 NS USD 2505053.76000000 1.157625173074 Long EC CORP US N 1 N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 QUALCOMM, Inc. 747525103 12656.00000000 NS USD 1801708.16000000 0.832597988056 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 AbbVie, Inc. 00287Y109 9442.00000000 NS USD 2191299.36000000 1.012634276111 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -7.00000000 NC USD -145040.00000000 -0.06702529014 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6775.00000000 USD 2026-04-04 XXXX 24276.97000000 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom, Inc. 11135F101 18470.00000000 NS USD 5902088.50000000 2.727448939585 Long EC CORP US N 1 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 Intuit, Inc. 461202103 2669.00000000 NS USD 1091701.07000000 0.504492422591 Long EC CORP US N 1 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 Honeywell International, Inc. 438516106 9007.00000000 NS USD 2194015.13000000 1.013889276609 Long EC CORP US N 1 N N N Boeing Co/The RVHJWBXLJ1RFUBSY1F30 The Boeing Co. 097023105 3529.00000000 NS USD 802953.37000000 0.371057519307 Long EC CORP US N 1 N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 Oracle Corp. 68389X105 14581.00000000 NS USD 2120077.40000000 0.979721475960 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -5.00000000 NC USD -105975.00000000 -0.04897273251 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6760.00000000 USD 2026-03-31 XXXX 11165.55000000 N N N United Parcel Service Inc D01LMJZU09ULLNCY6Z23 United Parcel Service, Inc. 911312106 7679.00000000 NS USD 890456.84000000 0.411494264107 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 Johnson & Johnson 478160104 4565.00000000 NS USD 1134082.95000000 0.524077763215 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -10.00000000 NC USD -31650.00000000 -0.01462596823 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6400.00000000 USD 2026-03-31 XXXX 11512.08000000 N N N TSY INFL IX N/B 254900HROIFWPRGM1V77 U.S. Treasury Inflation Indexed Bonds 91282CML2 5000000.00000000 PA USD 5349703.49000000 2.472183043493 Long DBT UST US N 2 2035-01-15 Fixed 2.12500000 N N N N N N Altria Group Inc XSGZFLO9YTNO9VCQV219 Altria Group, Inc. 02209S103 5127.00000000 NS USD 353968.08000000 0.163574277892 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -10.00000000 NC USD -204800.00000000 -0.09464133633 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6810.00000000 USD 2026-04-14 XXXX 17333.09000000 N N N N/A N/A CBOE S&P 500 INDEX 62X994FB8 -10.00000000 NC USD -20550.00000000 -0.00949648174 N/A DE CORP US N 1 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Put Written SPX Index S&P 500 100.00000000 6375.00000000 USD 2026-03-24 XXXX 12367.10000000 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 The Home Depot, Inc. 437076102 10011.00000000 NS USD 3811387.92000000 1.761302959241 Long EC CORP US N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 MetLife, Inc. 59156R108 14790.00000000 NS USD 1065915.30000000 0.492576408278 Long EC CORP US N 1 N N N N/A N/A CBOE S&P 500 INDEX N/A -10.00000000 NC USD -200600.00000000 -0.09270044955 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index S&P 500 100.00000000 6775.00000000 USD 2026-03-31 XXXX 44552.59000000 N N N N/A N/A CBOE S&P 500 INDEX N/A -3.00000000 NC USD -62715.00000000 -0.02898159867 N/A DE CORP US N 2 INTERACTIVE BROKERS L.L.C. 5493002T5MOWAHKQ1C69 Call Written SPX Index SPX Index 100.00000000 6825.00000000 USD 2026-04-21 XXXX 6677.13000000 N N N 2026-04-17 Forum Funds /s/ Karen Shaw Karen Shaw Treasurer