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
2026-03-31
2025-06-30
N
307570694.70
470112.67
307100582.03
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
2612290.21000000
N
AbbVie Inc
FR5LCKFTG8054YNNRU85
AbbVie, Inc.
00287Y109
43035.00000000
NS
USD
7988156.70000000
2.601153227127
Long
EC
CORP
US
N
1
N
N
N
Alphabet Inc
5493006MHB84DD0ZWV18
Alphabet, Inc.
02079K305
99000.00000000
NS
USD
17446770.00000000
5.681125670512
Long
EC
CORP
US
N
1
N
N
N
Amazon.com Inc
ZXTILKJKG63JELOEG630
Amazon.com, Inc.
023135106
75280.00000000
NS
USD
16515679.20000000
5.377938097944
Long
EC
CORP
US
N
1
N
N
N
AMETEK Inc
549300WZDEF9KKE40E98
AMETEK, Inc.
031100100
41214.00000000
NS
USD
7458085.44000000
2.428548129313
Long
EC
CORP
US
N
1
N
N
N
Amgen Inc
62QBXGPJ34PQ72Z12S66
Amgen, Inc.
031162100
13948.00000000
NS
USD
3894421.08000000
1.268125593985
Long
EC
CORP
US
N
1
N
N
N
Apple Inc
HWUPKR0MPOU8FGXBT394
Apple, Inc.
037833100
86226.00000000
NS
USD
17690988.42000000
5.760649590130
Long
EC
CORP
US
N
1
N
N
N
AutoZone Inc
GA3JGKJ41LJKXDN23E90
AutoZone, Inc.
053332102
2045.00000000
NS
USD
7591510.35000000
2.471994777677
Long
EC
CORP
US
N
1
N
N
N
Broadcom Inc
549300WV6GIDOZJTV909
Broadcom, Inc.
11135F101
95090.00000000
NS
USD
26211558.50000000
8.535170570741
Long
EC
CORP
US
N
1
N
N
N
CDW Corp/DE
9845001B052ABF0B6755
CDW Corp.
12514G108
25830.00000000
NS
USD
4612979.70000000
1.502107117318
Long
EC
CORP
US
N
1
N
N
N
Caterpillar Inc
WRJR7GS4GTRECRRTVX92
Caterpillar, Inc.
149123101
11590.00000000
NS
USD
4499353.90000000
1.465107578194
Long
EC
CORP
US
N
1
N
N
N
Chevron Corp
N/A
Chevron Corp.
166764100
47829.00000000
NS
USD
6848634.51000000
2.230094930048
Long
EC
CORP
US
N
1
N
N
N
Danaher Corp
S4BKK9OTCEWQ3YHPFM11
Danaher Corp.
235851102
13740.00000000
NS
USD
2714199.60000000
0.883814541170
Long
EC
CORP
US
N
1
N
N
N
Deere & Co
PWFTNG3EI0Y73OXWDH08
Deere & Co.
244199105
13279.00000000
NS
USD
6752238.71000000
2.198705930599
Long
EC
CORP
US
N
1
N
N
N
Dover Corp
549300FMC2ALGA7N9E80
Dover Corp.
260003108
27535.00000000
NS
USD
5045238.05000000
1.642861767519
Long
EC
CORP
US
N
1
N
N
N
Meta Platforms Inc
BQ4BKCS1HXDV9HN80Z93
Meta Platforms, Inc.
30303M102
26780.00000000
NS
USD
19766050.20000000
6.436344102424
Long
EC
CORP
US
N
1
N
N
N
Fiserv Inc
GI7UBEJLXYLGR2C7GV83
Fiserv, Inc.
337738108
17500.00000000
NS
USD
3017175.00000000
0.982471273761
Long
EC
CORP
US
N
1
N
N
N
Home Depot Inc/The
QEKMOTMBBKA8I816DO57
The Home Depot, Inc.
437076102
18406.00000000
NS
USD
6748375.84000000
2.197448078864
Long
EC
CORP
US
N
1
N
N
N
Hubbell Inc
54930088VDQ6840Y6597
Hubbell, Inc.
443510607
12363.00000000
NS
USD
5049172.83000000
1.644143035035
Long
EC
CORP
US
N
1
N
N
N
JPMorgan Chase & Co
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
46625H100
41233.00000000
NS
USD
11953859.03000000
3.892489864715
Long
EC
CORP
US
N
1
N
N
N
L3Harris Technologies Inc
549300UTE50ZMDBG8A20
L3Harris Technologies, Inc.
502431109
36948.00000000
NS
USD
9268036.32000000
3.017915582815
Long
EC
CORP
US
N
1
N
N
N
Lam Research Corp
549300I4GMO6D34U1T02
Lam Research Corp.
512807306
92270.00000000
NS
USD
8981561.80000000
2.924631969314
Long
EC
CORP
US
N
1
N
N
N
Marathon Petroleum Corp
3BNYRYQHD39K4LCKQF12
Marathon Petroleum Corp.
56585A102
20680.00000000
NS
USD
3435154.80000000
1.118576453777
Long
EC
CORP
US
N
1
N
N
N
Mastercard Inc
AR5L2ODV9HN37376R084
Mastercard, Inc.
57636Q104
15853.00000000
NS
USD
8908434.82000000
2.900819907638
Long
EC
CORP
US
N
1
N
N
N
Microsoft Corp
INR2EJN1ERAN0W5ZP974
Microsoft Corp.
594918104
36630.00000000
NS
USD
18220128.30000000
5.932951406200
Long
EC
CORP
US
N
1
N
N
N
Novo Nordisk A/S
549300DAQ1CVT6CXN342
Novo Nordisk A/S
670100205
59800.00000000
NS
USD
4127396.00000000
1.343988335260
Long
EC
CORP
DK
N
1
N
N
N
NVIDIA Corp
549300S4KLFTLO7GSQ80
NVIDIA Corp.
67066G104
139500.00000000
NS
USD
22039605.00000000
7.176673145427
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
12866130.00000000
4.189549207283
Long
EC
RF
US
N
1
N
N
N
Thermo Fisher Scientific Inc
HCHV7422L5HDJZCRFL38
Thermo Fisher Scientific, Inc.
883556102
10325.00000000
NS
USD
4186374.50000000
1.363193280952
Long
EC
CORP
US
N
1
N
N
N
Visa Inc
549300JZ4OKEHW3DPJ59
Visa, Inc.
92826C839
33616.00000000
NS
USD
11935360.80000000
3.886466356105
Long
EC
CORP
US
N
1
N
N
N
Accenture PLC
5493000EWHDSR3MZWH98
Accenture PLC
G1151C101
22822.00000000
NS
USD
6821267.58000000
2.221183540229
Long
EC
CORP
IE
N
1
N
N
N
nVent Electric PLC
N/A
nVent Electric PLC
G6700G107
74578.00000000
NS
USD
5462838.50000000
1.778843421230
Long
EC
CORP
IE
N
1
N
N
N
ASML Holding NV
724500Y6DUVHQD6OXN27
ASML Holding NV
N07059210
8479.00000000
NS
USD
6794985.81000000
2.212625506954
Long
EC
CORP
NL
N
1
N
N
N
2025-08-21
Forum Funds
/s/ Karen Shaw
Karen Shaw
Treasurer
XXXX