# EDGAR Filing Document

**Accession Number:** 0000315774
**File Stem:** 0001752724-23-023330
**Filing Date:** 2023-2
**Character Count:** 17625
**Document Hash:** 82fba43b4609469b242ce7c1fd0ad4ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-023330.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001752724-23-023330

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FORUM FUNDS
- **CENTRAL INDEX KEY:** 0000315774
- **IRS NUMBER:** 010516963
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03023
- **FILM NUMBER:** 23626117

**BUSINESS ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 2073472000

**MAIL ADDRESS:**
- **STREET 1:** FORUM FUNDS
- **STREET 2:** THREE CANAL PLAZA
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FORUM FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAHNESTOCK DAILY INCOME FUND INC
- **DATE OF NAME CHANGE:** 19870617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DAILY INCOME EXTENSION FUND INC
- **DATE OF NAME CHANGE:** 19810607

## Series and Classes Contracts Data

### DF Dent Midcap Growth Fund (Series ID: S000033130)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000102025 | Investor Shares           | DFDMX           |
| C000195205 | Institutional Shares      | DFMGX           |
| C000231957 | Institutional Plus Shares | DFMLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** FORUM FUNDS

- **b. Investment Company Act file number:** 811-03023

- **c. CIK number of Registrant:** 0000315774

- **d. LEI of Registrant:** 549300LXYEU14CHGAO13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** THREE CANAL PLAZA, SUITE 600

  - **City:** PORTLAND

  - **State:** ME

  - **Foreign country:** US

  - **Zip / Postal Code:** 04101

  - **Telephone number:** 207-347-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** DF DENT MIDCAP GROWTH FUND

- **b. EDGAR series identifier (if any):** S000033130

- **c. LEI of Series:** 2549007NXD389Z41SM07

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $589645063.67

**Total Liabilities:** $1197215.68

**Net Assets:** $588447847.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231957 | 6.05%                | 5.85%                | -4.72%               |
| Class ID C000195205 | 6.05%                | 5.86%                | -4.72%               |
| Class ID C000102025 | 6.04%                | 5.84%                | -4.71%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2867836.15             | $37552883.11                               |
| Month 2  | $-2895743.27             | $37998022.20                               |
| Month 3  | $-10775463.55            | $-18614212.99                              |

### Schedule of Portfolio Investments

| Name                          | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sprout Social Inc             | Sprout Social, Inc.                      | CUSIP: 85209W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    131559 | NS      | $7427821.14   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp               | Bio-Techne Corp.                         | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |    227595 | NS      | $18863073.60  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp       | SBA Communications Corp.                 | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     41763 | NS      | $11706586.53  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                    | CarMax, Inc.                             | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    243812 | NS      | $14845712.68  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc             | Veeva Systems, Inc.                      | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    126215 | NS      | $20368576.70  | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                | CBRE Group, Inc.                         | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    352976 | NS      | $27165032.96  | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                   | Fastenal Co.                             | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    379418 | NS      | $17954059.76  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                | Atlassian Corp.                          | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     49825 | NS      | $6411481.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc        | Guidewire Software, Inc.                 | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    247704 | NS      | $15496362.24  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Inc                 | BlackLine, Inc.                          | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |    161460 | NS      | $10861414.20  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc        | Intuitive Surgical, Inc.                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     75927 | NS      | $20147229.45  | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                  | Appfolio, Inc.                           | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     19553 | NS      | $2060495.14   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc         | Waste Connections, Inc.                  | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |    165507 | NS      | $21939607.92  | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PROS Holdings Inc             | PROS Holdings, Inc.                      | CUSIP: 74346Y103<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | EC               | CORP              | US        |    202327 | NS      | $4908453.02   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                    | Ecolab, Inc.                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |    165074 | NS      | $24028171.44  | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corp                   | Markel Corp.                             | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |     13900 | NS      | $18313111.00  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                    | HEICO Corp.                              | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |    202142 | NS      | $24226718.70  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc        | Tyler Technologies, Inc.                 | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     23075 | NS      | $7439610.75   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co           | Vulcan Materials Co.                     | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    104778 | NS      | $18347675.58  | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                  | Moody's Corp.                            | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     61192 | NS      | $17049315.04  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Mobile Mini Holdings | WillScot Mobile Mini Holdings Corp.      | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    342288 | NS      | $15461148.96  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Wayfair Inc                   | Wayfair, Inc.                            | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |    128748 | NS      | $4234521.72   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                    | Azenta, Inc.                             | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    266763 | NS      | $15530941.86  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                   | Workiva, Inc.                            | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |    108639 | NS      | $9122416.83   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc           | TransDigm Group, Inc.                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39168 | NS      | $24662131.20  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                 | Cable One, Inc.                          | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |     17453 | NS      | $12424092.58  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp     | Edwards Lifesciences Corp.               | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |    120470 | NS      | $8988266.70   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc      | Crowdstrike Holdings, Inc.               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     73301 | NS      | $7717862.29   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc       | Goosehead Insurance, Inc.                | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |    215764 | NS      | $7409335.76   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc  | SiteOne Landscape Supply, Inc.           | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     83031 | NS      | $9741196.92   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                  | Teleflex, Inc.                           | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     72930 | NS      | $18205515.90  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc              | CoStar Group, Inc.                       | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    217247 | NS      | $16788848.16  | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                     | Chewy, Inc.                              | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |    158865 | NS      | $5890714.20   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc          | Verisk Analytics, Inc.                   | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     59555 | NS      | $10506693.10  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                           | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   5534854 | NS      | $5534854.30   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| ANSYS Inc                     | ANSYS, Inc.                              | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |     92422 | NS      | $22328230.98  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc | Old Dominion Freight Line, Inc.          | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     62552 | NS      | $17751006.56  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Utz Brands Inc                | Utz Brands, Inc.                         | CUSIP: 918090101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    511347 | NS      | $8109963.42   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc    | Floor & Decor Holdings, Inc.             | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |    140054 | NS      | $9751960.02   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd              | WNS Holdings, Ltd.                       | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |    204057 | NS      | $16322519.43  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Endava PLC                    | Endava PLC                               | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             | EC               | CORP              | GB        |    147992 | NS      | $11321388.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                  | Illumina, Inc.                           | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |    101195 | NS      | $20461629.00  | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-14

**Name of Applicant:** Forum Funds

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer