Discovery, Inc.

NPORT-P false 0000315774 XXXXXXXX S000050284 C000158767 FORUM FUNDS 811-03023 0000315774 549300LXYEU14CHGAO13 THREE CANAL PLAZA, SUITE 600 PORTLAND 04101 207-347-2000 ABSOLUTE CAPITAL OPPORTUNITIES FUND S000050284 254900V1F0SK0ITURS31 2021-03-31 2020-06-30 N 73609492.33 7098506.45 66510985.88 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 11077090.27000000 N Discovery Inc 5493006ZCRFWKF6B1K26 Discovery, Inc. 25470F302 8051.00000000 NS USD 155062.26000000 0.233137816179 Long EC CORP US N 1 N N N CBRE Group Inc 52990016II9MJ2OSWA10 CBRE Group, Inc. 12504L109 25289.00000000 NS USD 1143568.58000000 1.719367958344 Long EC CORP US N 1 N N N N/A N/A Omnicom Group, Inc. 6Y8996YJ3 51.00000000 NC USD 45135.00000000 0.067860969737 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased N/A N/A 100.00000000 50.00000000 USD 2021-01-19 XXXX 3424.19000000 N N N N/A N/A BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares 09248U718 29313947.84000000 NS USD 29313947.84000000 44.07384351945 Long STIV RF US N 2 N N N AMERCO 5493003WIDMLDHYC6Y24 AMERCO 023586100 1385.00000000 NS USD 418533.15000000 0.629269201865 Long EC CORP US N 1 N N N Las Vegas Sands Corp 549300DUOO1KXOHPM605 Las Vegas Sands Corp. 517834107 1195.00000000 NS USD 54420.30000000 0.081821520580 Long EC CORP US N 1 N N N N/A N/A Occidental Petroleum Corp. 6Z099UTL6 72.00000000 NC USD 23760.00000000 0.035723421756 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased Occidental Petroleum Corp Occidental Petroleum Corp 100.00000000 30.00000000 USD 2022-01-25 XXXX -18042.39000000 N N N ViacomCBS Inc 5KYC8KF17ROCY24M3H09 ViacomCBS, Inc. 92556H206 34255.00000000 NS USD 798826.60000000 1.201044593507 Long EC CORP US N 1 N N N N/A N/A The PNC Financial Services Group, Inc. 30W99VKD6 31.00000000 NC USD 63767.00000000 0.095874386999 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased N/A N/A 100.00000000 100.00000000 USD 2022-01-25 XXXX 8260.30000000 N N N N/A N/A SPDR S&P 500 ETF Trust 20J99K5L5 -1426.00000000 NC USD -6240176.00000000 -9.38217336194 N/A DE CORP US N 1 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Call Written SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 270.00000000 USD 2020-09-22 XXXX -390248.97000000 N N N N/A N/A SPDR S&P 500 ETF Trust 00L992427 -506.00000000 NC USD -630476.00000000 -0.94792761174 N/A DE CORP US N 1 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Call Written SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 300.00000000 USD 2020-07-21 XXXX 197796.41000000 N N N Gildan Activewear Inc 549300SB3IBI34M00Z45 Gildan Activewear, Inc. 375916103 41399.00000000 NS USD 641270.51000000 0.964157276449 Long EC CORP CA N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 The Charles Schwab Corp. 808513105 14355.00000000 NS USD 484337.70000000 0.728207067737 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co. 46625H100 4622.00000000 NS USD 434745.32000000 0.653644378064 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions, Inc. 620076307 5363.00000000 NS USD 751517.19000000 1.129914374380 Long EC CORP US N 1 N N N N/A N/A Walgreens Boots Alliance, Inc. N/A 69.00000000 NC USD 64687.50000000 0.097258368890 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased Walgreens Boots Alliance Inc Walgreens Boots Alliance Inc 100.00000000 37.50000000 USD 2022-01-25 XXXX 7129.56000000 N N N N/A N/A JPMorgan Chase & Co. N/A 30.00000000 NC USD 51600.00000000 0.077581168460 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased JPMorgan Chase & Co JPMorgan Chase & Co 100.00000000 90.00000000 USD 2022-01-25 XXXX -5026.36000000 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 The Walt Disney Co. 254687106 7873.00000000 NS USD 877918.23000000 1.319959730538 Long EC CORP US N 1 N N N Northern Trust Corp 549300GLF98S992BC502 Northern Trust Corp. 665859104 13299.00000000 NS USD 1055142.66000000 1.586418613465 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 278.00000000 NS USD 766951.96000000 1.153120721114 Long EC CORP US N 1 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc. 172967424 4379.00000000 NS USD 223766.90000000 0.336435999315 Long EC CORP US N 1 N N N N/A N/A SPDR S&P 500 ETF Trust 80V99VBW0 242.00000000 NC USD 242.00000000 0.000363849666 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Put Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 290.00000000 USD 2020-07-04 XXXX -136634.31000000 N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 Booking Holdings, Inc. 09857L108 419.00000000 NS USD 667190.46000000 1.003128206825 Long EC CORP US N 1 N N N N/A N/A Bristol-Myers Squibb Co. 70C99V9A3 42.00000000 NC USD 28980.00000000 0.043571749263 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased Bristol-Myers Squibb Co Bristol-Myers Squibb Co 100.00000000 60.00000000 USD 2022-01-25 XXXX -2210.04000000 N N N N/A N/A SPDR S&P 500 ETF Trust 3Z0994541 4196.00000000 NC USD 209800.00000000 0.315436611296 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 320.00000000 USD 2020-07-12 XXXX -196603.58000000 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc. 02079K305 644.00000000 NS USD 913224.20000000 1.373042645387 Long EC CORP US N 1 N N N NVR Inc 529900RWXR4JI3JYTV70 NVR, Inc. 62944T105 149.00000000 NS USD 485553.75000000 0.730035412309 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa, Inc. 92826C839 3276.00000000 NS USD 632824.92000000 0.951459238841 Long EC CORP US N 1 N N N N/A N/A AbbVie, Inc. 10H99VLE2 47.00000000 NC USD 78842.50000000 0.118540567331 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased AbbVie Inc AbbVie Inc 100.00000000 87.50000000 USD 2022-01-25 XXXX 14424.83000000 N N N Philip Morris International In HL3H1H2BGXWVG3BSWR90 Philip Morris International, Inc. 718172109 23291.00000000 NS USD 1631767.46000000 2.453380352749 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple, Inc. 037833100 5482.00000000 NS USD 1999833.60000000 3.006771849101 Long EC CORP US N 1 N N N American Express Co R4PP93JZOLY261QX3811 American Express Co. 025816109 6990.00000000 NS USD 665448.00000000 1.000508399019 Long EC CORP US N 1 N N N Quanta Services Inc SHVRXXEACT60MMH07S24 Quanta Services, Inc. 74762E102 37148.00000000 NS USD 1457316.04000000 2.191090720906 Long EC CORP US N 1 N N N GoDaddy Inc N/A GoDaddy, Inc. 380237107 10308.00000000 NS USD 755885.64000000 1.136482387080 Long EC CORP US N 1 N N N Expedia Group Inc N/A Expedia Group, Inc. 30212P303 6640.00000000 NS USD 545808.00000000 0.820628340985 Long EC CORP US N 1 N N N N/A N/A Omnicom Group, Inc. 6Y8996YP9 -51.00000000 NC USD -7012.50000000 -0.01054337100 N/A DE CORP US N 2 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Call Written N/A N/A 100.00000000 70.00000000 USD 2021-01-19 XXXX 97.31000000 N N N N/A N/A SPDR S&P 500 ETF Trust 10N9944Y0 1197.00000000 NC USD 84987.00000000 0.127778890773 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Put Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 290.00000000 USD 2020-07-12 XXXX -300008.06000000 N N N Jacobs Engineering Group Inc 549300CZ8QS1GE53O776 Jacobs Engineering Group, Inc. 469814107 16418.00000000 NS USD 1392246.40000000 2.093257800315 Long EC CORP US N 1 N N N CarMax Inc N/A CarMax, Inc. 143130102 17513.00000000 NS USD 1568289.15000000 2.357940014345 Long EC CORP US N 1 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 Lowe's Cos., Inc. 548661107 6825.00000000 NS USD 922194.00000000 1.386528838504 Long EC CORP US N 1 N N N General Motors Co 54930070NSV60J38I987 General Motors Co. 37045V100 25365.00000000 NS USD 641734.50000000 0.964854890525 Long EC CORP US N 1 N N N N/A N/A iShares 20+ Year Treasury Bond ETF 80T99T6E4 277.00000000 NC USD 27561.50000000 0.041439018885 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Put Purchased N/A N/A 100.00000000 137.00000000 USD 2021-01-19 XXXX -28110.89000000 N N N Aon PLC 635400FALWQYX5E6QC64 Aon PLC G0403H108 4940.00000000 NS USD 951444.00000000 1.430506535742 Long EC CORP IE N 1 N N N Blackstone Group Inc/The 5299004LW4QWGZUB8Y96 The Blackstone Group, Inc. 09260D107 11056.00000000 NS USD 626432.96000000 0.941848856563 Long EC CORP US N 1 N N N N/A N/A CVS Health Corp. 8S099W8P0 65.00000000 NC USD 76635.00000000 0.115221566762 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased CVS Health Corp CVS Health Corp 100.00000000 57.50000000 USD 2022-01-25 XXXX 18910.27000000 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 Lockheed Martin Corp. 539830109 1550.00000000 NS USD 565626.00000000 0.850424922313 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc. 02079K107 482.00000000 NS USD 681360.02000000 1.024432296386 Long EC CORP US N 1 N N N N/A N/A Walgreens Boots Alliance, Inc. N/A -69.00000000 NC USD -27600.00000000 -0.04149690406 N/A DE CORP US N 1 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Call Written Walgreens Boots Alliance Inc Walgreens Boots Alliance Inc 100.00000000 50.00000000 USD 2022-01-25 XXXX -2600.95000000 N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 Autodesk, Inc. 052769106 2675.00000000 NS USD 639833.25000000 0.961996340205 Long EC CORP US N 1 N N N N/A N/A CarMax, Inc. 30U99GQG8 -24.00000000 NC USD -14400.00000000 -0.02165055864 N/A DE CORP US N 2 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Call Written CarMax Inc CarMax Inc 100.00000000 105.00000000 USD 2021-01-19 XXXX 3220.22000000 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 Facebook, Inc. 30303M102 5564.00000000 NS USD 1263417.48000000 1.899562099830 Long EC CORP US N 1 N N N N/A N/A Johnson & Johnson 20E992KK5 -46.00000000 NC USD -24955.00000000 -0.03752011742 N/A DE CORP US N 2 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Put Written Johnson & Johnson Johnson & Johnson 100.00000000 135.00000000 USD 2020-10-20 XXXX 8137.18000000 N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 Charter Communications, Inc. 16119P108 1262.00000000 NS USD 643670.48000000 0.967765657783 Long EC CORP US N 1 N N N Del Taco Restaurants Inc 5299004IBCSPGYGOI790 del Taco Restaurants, Inc. 245496104 8157.00000000 NS USD 48371.01000000 0.072726346422 Long EC CORP US N 1 N N N Bausch Health Cos Inc B3BS7ACMDUWISF18KY76 Bausch Health Cos., Inc. 071734107 2320.00000000 NS USD 42432.80000000 0.063798182268 Long EC CORP CA N 1 N N N N/A N/A The PNC Financial Services Group, Inc. 30W99VKK0 -31.00000000 NC USD -24025.00000000 -0.03612185217 N/A DE CORP US N 2 PUMA CAPITAL, LLC 549300JCDSTWZAXPY025 Call Written N/A N/A 100.00000000 135.00000000 USD 2022-01-25 XXXX -1286.15000000 N N N N/A N/A Alphabet, Inc. 60C99WVC3 2.00000000 NC USD 96000.00000000 0.144337057600 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased Alphabet Inc Alphabet Inc 100.00000000 1000.00000000 USD 2022-01-25 XXXX 56601.42000000 N N N N/A N/A Becton Dickinson and Co. N/A 16.00000000 NC USD 60560.00000000 0.091052627169 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased Becton Dickinson and Co Becton Dickinson and Co 100.00000000 230.00000000 USD 2022-01-25 XXXX -1529.42000000 N N N Covetrus Inc 5493009S30DUFCF75V87 Covetrus, Inc. 22304C100 11118.00000000 NS USD 198901.02000000 0.299049874796 Long EC CORP US N 1 N N N SS&C Technologies Holdings Inc 529900POY8H7NPPNKK71 SS&C Technologies Holdings, Inc. 78467J100 12324.00000000 NS USD 696059.52000000 1.046533156576 Long EC CORP US N 1 N N N Spark Networks SE 87550088VVTQR14UT152 Spark Networks SE 846517100 3211.00000000 NS USD 10596.30000000 0.015931653785 Long EC CORP DE N 1 N N N Kraft Heinz Co/The N/A The Kraft Heinz Co. 500754106 1400.00000000 NS USD 44646.00000000 0.067125752850 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 Berkshire Hathaway, Inc. 084670702 5577.00000000 NS USD 995550.27000000 1.496820798591 Long EC CORP US N 1 N N N Becton Dickinson and Co ICE2EP6D98PQUILVRZ91 Becton Dickinson and Co. 075887109 4458.00000000 NS USD 1066665.66000000 1.603743570910 Long EC CORP US N 1 N N N Hasbro Inc 549300NUB6D2R1ITYR45 Hasbro, Inc. 418056107 10990.00000000 NS USD 823700.50000000 1.238442776184 Long EC CORP US N 1 N N N Mohawk Industries Inc 549300JI1115MG3Q6322 Mohawk Industries, Inc. 608190104 6115.00000000 NS USD 622262.40000000 0.935578373657 Long EC CORP US N 1 N N N N/A N/A United Parcel Service, Inc. 10F9908M9 39.00000000 NC USD 86892.00000000 0.130643079260 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased United Parcel Service Inc United Parcel Service Inc 100.00000000 95.00000000 USD 2022-01-25 XXXX 30957.83000000 N N N N/A N/A Bristol-Myers Squibb Co. 70C99V947 48.00000000 NC USD 75240.00000000 0.113124168894 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased Bristol-Myers Squibb Co Bristol-Myers Squibb Co 100.00000000 45.00000000 USD 2022-01-25 XXXX 36550.21000000 N N N 2020-08-18 Forum Funds /s/ Karen Shaw Karen Shaw Treasurer XXXX