NPORT-P
false
0000315774
XXXXXXXX
S000004544
C000012453
FORUM FUNDS
811-03023
0000315774
549300LXYEU14CHGAO13
THREE CANAL PLAZA, SUITE 600
PORTLAND
04101
207-347-2000
PAYSON TOTAL RETURN FUND
S000004544
254900LUPPT0VOZOOB60
2025-03-31
2025-03-31
N
274732540.33
432757.91
274299782.42
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
7278426.67000000
N
Microsoft Corp
INR2EJN1ERAN0W5ZP974
Microsoft Corp.
594918104
36630.00000000
NS
USD
13750535.70000000
5.012959025591
Long
EC
CORP
US
N
1
N
N
N
Home Depot Inc/The
QEKMOTMBBKA8I816DO57
The Home Depot, Inc.
437076102
10900.00000000
NS
USD
3994741.00000000
1.456341293732
Long
EC
CORP
US
N
1
N
N
N
Amgen Inc
62QBXGPJ34PQ72Z12S66
Amgen, Inc.
031162100
17750.00000000
NS
USD
5530012.50000000
2.016046987428
Long
EC
CORP
US
N
1
N
N
N
NVIDIA Corp
549300S4KLFTLO7GSQ80
NVIDIA Corp.
67066G104
139500.00000000
NS
USD
15119010.00000000
5.511856358985
Long
EC
CORP
US
N
1
N
N
N
UnitedHealth Group Inc
549300GHBMY8T5GXDE41
UnitedHealth Group, Inc.
91324P102
5830.00000000
NS
USD
3053462.50000000
1.113184441147
Long
EC
CORP
US
N
1
N
N
N
Caterpillar Inc
WRJR7GS4GTRECRRTVX92
Caterpillar, Inc.
149123101
23590.00000000
NS
USD
7779982.00000000
2.836306296476
Long
EC
CORP
US
N
1
N
N
N
Alphabet Inc
5493006MHB84DD0ZWV18
Alphabet, Inc.
02079K305
99000.00000000
NS
USD
15309360.00000000
5.581251237217
Long
EC
CORP
US
N
1
N
N
N
Thermo Fisher Scientific Inc
HCHV7422L5HDJZCRFL38
Thermo Fisher Scientific, Inc.
883556102
13325.00000000
NS
USD
6630520.00000000
2.417253102245
Long
EC
CORP
US
N
1
N
N
N
Lam Research Corp
549300I4GMO6D34U1T02
Lam Research Corp.
512807306
92270.00000000
NS
USD
6708029.00000000
2.445510142523
Long
EC
CORP
US
N
1
N
N
N
AutoZone Inc
GA3JGKJ41LJKXDN23E90
AutoZone, Inc.
053332102
2045.00000000
NS
USD
7797135.10000000
2.842559710113
Long
EC
CORP
US
N
1
N
N
N
ASML Holding NV
724500Y6DUVHQD6OXN27
ASML Holding NV
N07059210
8479.00000000
NS
USD
5618439.77000000
2.048284442820
Long
EC
CORP
NL
N
1
N
N
N
Meta Platforms Inc
BQ4BKCS1HXDV9HN80Z93
Meta Platforms, Inc.
30303M102
26780.00000000
NS
USD
15434920.80000000
5.627026264412
Long
EC
CORP
US
N
1
N
N
N
Lowe's Cos Inc
WAFCR4OKGSC504WU3E95
Lowe's Cos., Inc.
548661107
12316.00000000
NS
USD
2872460.68000000
1.047197578743
Long
EC
CORP
US
N
1
N
N
N
Accenture PLC
5493000EWHDSR3MZWH98
Accenture PLC
G1151C101
28289.00000000
NS
USD
8827299.56000000
3.218121240243
Long
EC
CORP
IE
N
1
N
N
N
Apple Inc
HWUPKR0MPOU8FGXBT394
Apple, Inc.
037833100
86226.00000000
NS
USD
19153381.38000000
6.982645487728
Long
EC
CORP
US
N
1
N
N
N
Exxon Mobil Corp
J3WHBG0MTS7O8ZVMDC91
Exxon Mobil Corp.
30231G102
40364.00000000
NS
USD
4800490.52000000
1.750089073220
Long
EC
CORP
US
N
1
N
N
N
Broadcom Inc
549300WV6GIDOZJTV909
Broadcom, Inc.
11135F101
95090.00000000
NS
USD
15920918.70000000
5.804203911333
Long
EC
CORP
US
N
1
N
N
N
Marathon Petroleum Corp
3BNYRYQHD39K4LCKQF12
Marathon Petroleum Corp.
56585A102
20680.00000000
NS
USD
3012869.20000000
1.098385559557
Long
EC
CORP
US
N
1
N
N
N
Hubbell Inc
54930088VDQ6840Y6597
Hubbell, Inc.
443510607
23863.00000000
NS
USD
7896505.33000000
2.878786581722
Long
EC
CORP
US
N
1
N
N
N
Dover Corp
549300FMC2ALGA7N9E80
Dover Corp.
260003108
27535.00000000
NS
USD
4837348.80000000
1.763526298607
Long
EC
CORP
US
N
1
N
N
N
Deere & Co
PWFTNG3EI0Y73OXWDH08
Deere & Co.
244199105
6575.00000000
NS
USD
3085976.25000000
1.125037804541
Long
EC
CORP
US
N
1
N
N
N
AbbVie Inc
FR5LCKFTG8054YNNRU85
AbbVie, Inc.
00287Y109
43035.00000000
NS
USD
9016693.20000000
3.287167463441
Long
EC
CORP
US
N
1
N
N
N
AMETEK Inc
549300WZDEF9KKE40E98
AMETEK, Inc.
031100100
41214.00000000
NS
USD
7094577.96000000
2.586432222952
Long
EC
CORP
US
N
1
N
N
N
JPMorgan Chase & Co
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
46625H100
41233.00000000
NS
USD
10114454.90000000
3.687372556684
Long
EC
CORP
US
N
1
N
N
N
Chevron Corp
N/A
Chevron Corp.
166764100
34202.00000000
NS
USD
5721652.58000000
2.085912183203
Long
EC
CORP
US
N
1
N
N
N
Visa Inc
549300JZ4OKEHW3DPJ59
Visa, Inc.
92826C839
33616.00000000
NS
USD
11781063.36000000
4.294959061236
Long
EC
CORP
US
N
1
N
N
N
L3Harris Technologies Inc
549300UTE50ZMDBG8A20
L3Harris Technologies, Inc.
502431109
36948.00000000
NS
USD
7733585.88000000
2.819391911933
Long
EC
CORP
US
N
1
N
N
N
CDW Corp/DE
9845001B052ABF0B6755
CDW Corp.
12514G108
25830.00000000
NS
USD
4139515.80000000
1.509121065820
Long
EC
CORP
US
N
1
N
N
N
Mastercard Inc
AR5L2ODV9HN37376R084
Mastercard, Inc.
57636Q104
15853.00000000
NS
USD
8689346.36000000
3.167828382267
Long
EC
CORP
US
N
1
N
N
N
SPDR Portfolio S&P 500 ETF
5493004K4F0RL72RIJ47
SPDR Portfolio S&P 500 ETF
78464A854
177000.00000000
NS
USD
11639520.00000000
4.243357357891
Long
EC
RF
US
N
1
N
N
N
Amazon.com Inc
ZXTILKJKG63JELOEG630
Amazon.com, Inc.
023135106
75280.00000000
NS
USD
14322772.80000000
5.221576434963
Long
EC
CORP
US
N
1
N
N
N
2025-05-22
Forum Funds
/s/ Karen Shaw
Karen Shaw
Treasurer