# EDGAR Filing Document

**Accession Number:** 0001576367
**File Stem:** 0001752724-23-019922
**Filing Date:** 2023-2
**Character Count:** 31107
**Document Hash:** 9b6b8677cf747b324067bc0f5ea40b05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-019922.hdr.sgml**: 20230206

**ACCESSION NUMBER**: 0001752724-23-019922

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230206

**DATE AS OF CHANGE**: 20230206

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FORUM FUNDS II
- **CENTRAL INDEX KEY:** 0001576367
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22842
- **FILM NUMBER:** 23589680

**BUSINESS ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA, SUITE 600
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 207-347-2000

**MAIL ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA, SUITE 600
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

## Series and Classes Contracts Data

### Baywood SociallyResponsible Fund (Series ID: S000051874)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000163318 | Institutional Shares | BVSIX           |

## Nport-Ex

BAYWOOD

VALUE

PLUS

FUND

SCHEDULE

OF

INVESTMENTS

(Unaudited)

December

31,

2022

The

following

is

a

summary

of

the

inputs

used

to

value

the

Fund's instruments

as

of

December

31,

2022. The

Fund

has

a

three-tier

fair

value

hierarchy.

The

basis

of

the

tiers

is

dependent

upon

the

various

"inputs"

used

to

determine

the

value

of

the

Fund's

investments.

These

inputs

are

summarized

in

the

three

broad

levels

listed

below:

Level

–

quoted

prices

in

active

markets

for

identical

assets

Level

–

Prices

determined

using

significant

other

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

prepayment

speeds,

credit

risk,

etc.).

Short-term

securities

with

maturities

of

sixty

days

or

less

are

valued

at

amortized

cost,

which

approximates

market

value,

and

are

categorized

as

Level

in

the

hierarchy.

Municipal

securities,

long-term

U.S.

government

obligations

and

corporate

debt

securities

are

valued

in

accordance

with

the

evaluated

price

supplied

by

the

pricing

service

and

generally

categorized

as

Level

in

the

hierarchy.

Other

securities

that

are

categorized

as

Level

in

the

hierarchy

include,

but

are

not

limited

to,

warrants

that

do

not

trade

on

an

exchange,

securities

valued

at

the

mean

between

the

last

reported

bid

and

ask

quotation

and

international

equity

securities

valued

by

an

independent

third

party

with

adjustments

for

changes

in

value

between

the

time

of

the

securities

respective

local

market

closes

and

the

close

of

the

U.S.

market.

Level

–

significant

unobservable

inputs

(including

the

Fund's

own

assumptions

in

determining

the

fair

value

of

investments)

The

inputs

or

methodology

used

for

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

securities.

Shares

Security

Description

Value

Common

Stock

-

96.4%

Basic

Materials

-

9.3%

700

International

Flavors

&

Fragrances,

Inc.

$

73,388

1,800

Newmont

Corp.

84,960

760

Nutrien,

Ltd.

55,503

Packaging

Corp.

of

America

38,373

1,400

Rio

Tinto

PLC,

ADR

99,680

351,904

Capital

Goods

/

Industrials

-

5.0%

Parker-Hannifin

Corp.

58,200

1,300

Raytheon

Technologies

Corp.

131,196

189,396

Communication

Services

-

6.0%

5,900

AT&T,

Inc.

108,619

2,300

Comcast

Corp.,

Class A

80,431

1,000

Verizon

Communications,

Inc.

39,400

228,450

Consumer

Discretionary

-

7.3%

500

Darden

Restaurants,

Inc.

69,165

Genuine

Parts

Co.

69,404

2,200

Kontoor

Brands,

Inc.

87,978

Lear

Corp.

49,608

276,155

Consumer

Staples

-

6.8%

800

Ingredion,

Inc.

78,344

910

Molson

Coors

Beverage

Co.,

Class B

46,883

PepsiCo.,

Inc.

36,132

2,300

The

Kraft

Heinz

Co.

93,633

254,992

Energy

-

10.3%

Chevron

Corp.

53,847

1,100

ConocoPhillips

129,800

1,800

Equinor

ASA,

ADR

64,458

3,800

Kinder

Morgan,

Inc.

68,704

700

Phillips

72,856

389,665

Financials

-

19.3%

2,000

American

International

Group,

Inc.

126,480

Chubb,

Ltd.

88,240

1,800

Citigroup,

Inc.

81,414

CME

Group,

Inc.

50,448

2,100

Corebridge

Financial,

Inc.

42,126

1,400

MetLife,

Inc.

101,318

600

Northern

Trust

Corp.

53,094

1,000

Prosperity

Bancshares,

Inc.

72,680

3,000

Radian

Group,

Inc.

57,210

1,400

Wells

Fargo

&

Co.

57,806

730,816

Health

Care

-

14.0%

600

AbbVie,

Inc.

96,966

Amgen,

Inc.

52,528

500

AstraZeneca

PLC,

ADR

33,900

1,100

Cardinal

Health,

Inc.

84,557

5,416

Koninklijke

Philips

NV,

ADR

81,186

600

Medtronic

PLC

46,632

1,200

Merck

&

Co.,

Inc.

133,140

528,909

Real

Estate

-

3.9%

1,104

Realty

Income

Corp.

REIT

70,027

2,400

VICI

Properties,

Inc.

REIT

77,760

147,787

Technology

-

10.4%

1,100

Cisco

Systems,

Inc.

52,404

1,100

Corning,

Inc.

35,134

800

International

Business

Machines

Corp.

112,712

Shares

Security

Description

Value

Technology

-

10.4%

(continued)

1,300

NetApp,

Inc.

$

78,078

NXP

Semiconductors

NV

31,606

TE

Connectivity,

Ltd.

34,440

Texas

Instruments,

Inc.

49,566

393,940

Transportation

-

3.0%

4,800

Atlas

Corp.

73,632

Union

Pacific

Corp.

41,414

115,046

Utilities

-

1.1%

1,000

OGE

Energy

Corp.

39,550

Total

Common

Stock

(Cost

$2,900,716)

3,646,610

Shares

Security

Description

Value

Money

Market

Fund

-

3.1%

115,947

First

American

Government

Obligations

Fund,

Class X,

4.10%

(a) (Cost

$115,947)

115,947

Investments,

at

value

-

99.5%

(Cost

$3,016,663)

$

3,762,557

Other

Assets

&

Liabilities,

Net

-

0.5%

18,058

Net

Assets

-

100.0%

$

3,780,615

ADR

American

Depositary

Receipt

PLC

Public

Limited

Company

REIT

Real

Estate

Investment

Trust

(a) Dividend

yield

changes

daily

to

reflect

current

market

conditions.

Rate

was

the

quoted

yield

as

of

December

31,

2022. BAYWOOD

VALUE

PLUS

FUND

SCHEDULE

OF

INVESTMENTS

(Unaudited)

December

31,

2022

The

Level

value

displayed

in

this

table

is

Common

Stock.

The

Level

value

displayed

in

this

table

is

a

Money

Market

Fund.

Refer

to

this

Schedule

of

Investments

for

a

further

breakout

of

each

security

by

industry.

THE

PORTFOLIO

OF

INVESTMENTS

SHOULD

BE

READ

IN

CONJUNCTION

WITH

THE

FINANCIAL

STATEMENTS

AND

NOTES

TO

FINANCIAL

STATEMENTS

WHICH

ARE

INCLUDED

IN

THE

FUND'S

AUDITED

ANNUAL

REPORT

OR

SEMI-ANNUAL

REPORT.

THESE

REPORTS

INCLUDE

ADDITIONAL

INFORMATION

ABOUT

THE

FUND'S

SECURITY

VALUATION

POLICIES

AND

ABOUT

CERTAIN

SECURITY

TYPES

INVESTED

BY

THE

FUND.

Valuation

Inputs

Investments

in

Securities

Level

-

Quoted

Prices

$

3,646,610

Level

-

Other

Significant

Observable

Inputs

115,947

Level

-

Significant

Unobservable

Inputs

–

Total

$

3,762,557

BAYWOOD

SOCIALLY

RESPONSIBLE

FUND

SCHEDULE

OF

INVESTMENTS

(Unaudited)

December

31,

2022

The

following

is

a

summary

of

the

inputs

used

to

value

the

Fund's instruments

as

of

December

31,

2022. The

Fund

has

a

three-tier

fair

value

hierarchy.

The

basis

of

the

tiers

is

dependent

upon

the

various

"inputs"

used

to

determine

the

value

of

the

Fund's

investments.

These

inputs

are

summarized

in

the

three

broad

levels

listed

below:

Level

–

quoted

prices

in

active

markets

for

identical

assets

Level

–

Prices

determined

using

significant

other

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

prepayment

speeds,

credit

risk,

etc.).

Short-term

securities

with

maturities

of

sixty

days

or

less

are

valued

at

amortized

cost,

which

approximates

market

value,

and

are

categorized

as

Level

in

the

hierarchy.

Municipal

securities,

long-term

U.S.

government

obligations

and

corporate

debt

securities

are

valued

in

accordance

with

the

evaluated

price

supplied

by

the

pricing

service

and

generally

categorized

as

Level

in

the

hierarchy.

Other

securities

that

are

categorized

as

Level

in

the

hierarchy

include,

but

are

not

limited

to,

warrants

that

do

not

trade

on

an

exchange,

securities

valued

at

the

mean

between

the

last

reported

bid

and

ask

quotation

and

international

equity

securities

valued

by

an

independent

third

party

with

adjustments

for

changes

in

value

between

the

time

of

the

securities

respective

local

market

closes

and

the

close

of

the

U.S.

market.

Level

–

significant

unobservable

inputs

(including

the

Fund's

own

assumptions

in

determining

the

fair

value

of

investments)

The

inputs

or

methodology

used

for

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

securities.

The

Level

value

displayed

in

this

table

is

Common

Stock.

The

Level

value

displayed

in

this

table

is

a

Money

Market

Fund.

Refer

to

this

Schedule

of

Investments

for

a

further

breakout

of

each

security

by

industry.

THE

PORTFOLIO

OF

INVESTMENTS

SHOULD

BE

READ

IN

CONJUNCTION

WITH

THE

FINANCIAL

STATEMENTS

AND

NOTES

TO

FINANCIAL

Shares

Security

Description

Value

Common

Stock

-

97.5%

Basic

Materials

-

5.6%

1,500

International

Flavors

&

Fragrances,

Inc.

$

157,260

1,700

Newmont

Corp.

80,240

1,400

Nutrien,

Ltd.

102,242

500

Packaging

Corp.

of

America

63,955

403,697

Capital

Goods

/

Industrials

-

4.4%

Cummins,

Inc.

109,030

5,400

nVent

Electric

PLC

207,738

316,768

Communication

Services

-

6.7%

6,000

AT&T,

Inc.

110,460

6,100

Comcast

Corp.,

Class A

213,317

700

The

Walt

Disney

Co.

(a) 60,816

10,300

Warner

Bros

Discovery,

Inc.

(a) 97,644

482,237

Consumer

Discretionary

-

7.1%

700

Aptiv

PLC

(a) 65,191

1,000

Genuine

Parts

Co.

173,510

6,700

Kontoor

Brands,

Inc.

267,933

506,634

Consumer

Staples

-

5.9%

1,600

Mondelez

International,

Inc.,

Class A

106,640

500

PepsiCo.,

Inc.

90,330

5,600

The

Kraft

Heinz

Co.

227,976

424,946

Energy

-

10.5%

2,600

Devon

Energy

Corp.

159,926

6,200

Kinder

Morgan,

Inc.

112,096

3,100

Schlumberger,

Ltd.

165,726

Texas

Pacific

Land

Corp.

316,471

754,219

Financials

-

21.4%

2,100

Air

Lease

Corp.

80,682

1,600

American

Express

Co.

236,400

3,800

American

International

Group,

Inc.

240,312

3,100

Bank

of

America

Corp.

102,672

600

Berkshire

Hathaway,

Inc.,

Class B

(a) 185,340

2,100

BOK

Financial

Corp.

217,959

1,495

Brookfield

Asset

Management,

Ltd.

(a) 42,862

5,983

Brookfield

Corp.

188,225

Chubb,

Ltd.

66,180

1,000

CME

Group,

Inc.

168,160

1,528,792

Health

Care

-

18.2%

Amgen,

Inc.

105,056

1,200

AstraZeneca

PLC,

ADR

81,360

950

Becton

Dickinson

and

Co.

241,585

1,700

Cardinal

Health,

Inc.

130,679

10,200

Koninklijke

Philips

NV,

ADR

152,898

650

Laboratory

Corp.

of

America

Holdings

153,062

2,000

Merck

&

Co.,

Inc.

221,900

Regeneron

Pharmaceuticals,

Inc.

(a) 216,447

1,302,987

Real

Estate

-

2.6%

2,934

Realty

Income

Corp.

REIT

186,104

Technology

-

10.7%

2,300

Cisco

Systems,

Inc.

109,572

4,000

Corning,

Inc.

127,760

1,200

International

Business

Machines

Corp.

169,068

1,500

NetApp,

Inc.

90,090

1,100

NXP

Semiconductors

NV

173,833

800

TE

Connectivity,

Ltd.

91,840

762,163

Shares

Security

Description

Value

Transportation

-

4.4%

13,800

Atlas

Corp.

$

211,692

500

Union

Pacific

Corp.

103,535

315,227

Total

Common

Stock

(Cost

$5,185,350)

6,983,774

Shares

Security

Description

Value

Money

Market

Fund

-

2.2%

157,166

First

American

Government

Obligations

Fund,

Class X,

4.10%

(b) (Cost

$157,166)

157,166

Investments,

at

value

-

99.7%

(Cost

$5,342,516)

$

7,140,940

Other

Assets

&

Liabilities,

Net

-

0.3%

21,566

Net

Assets

-

100.0%

$

7,162,506

ADR

American

Depositary

Receipt

PLC

Public

Limited

Company

REIT

Real

Estate

Investment

Trust

(a) Non-income

producing

security.

(b) Dividend

yield

changes

daily

to

reflect

current

market

conditions.

Rate

was

the

quoted

yield

as

of

December

31,

2022. Valuation

Inputs

Investments

in

Securities

Level

-

Quoted

Prices

$

6,983,774

Level

-

Other

Significant

Observable

Inputs

157,166

Level

-

Significant

Unobservable

Inputs

–

Total

$

7,140,940

BAYWOOD

SOCIALLY

RESPONSIBLE

FUND

SCHEDULE

OF

INVESTMENTS

(Unaudited)

December

31,

2022

STATEMENTS

WHICH

ARE

INCLUDED

IN

THE

FUND'S

AUDITED

ANNUAL

REPORT

OR

SEMI-ANNUAL

REPORT.

THESE

REPORTS

INCLUDE

ADDITIONAL

INFORMATION

ABOUT

THE

FUND'S

SECURITY

VALUATION

POLICIES

AND

ABOUT

CERTAIN

SECURITY

TYPES

INVESTED

BY

THE

FUND.

## 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 II

- **b. Investment Company Act file number:** 811-22842

- **c. CIK number of Registrant:** 0001576367

- **d. LEI of Registrant:** 254900TLXB82MZSZFI87

- **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:** BAYWOOD SOCIALLYRESPONSIBLE FUND

- **b. EDGAR series identifier (if any):** S000051874

- **c. LEI of Series:** 254900P9QNLN67PBOM73

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

- **a. Date of fiscal year-end:** 2023-09-30

- **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:** $7183800.40

**Total Liabilities:** $21294.44

**Net Assets:** $7162505.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000163318 | 11.48%               | 6.31%                | -4.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1429.45                 | $738850.22                                 |
| Month 2  | $19091.26                | $436417.62                                 |
| Month 3  | $74091.62                | $-424755.65                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Berkshire Hathaway Inc         | Berkshire Hathaway, Inc.                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       600 | NS      | $185340.00    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                      | Aptiv PLC                                  | CUSIP: G6095L109<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |       700 | NS      | $65191.00     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp.                              | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      1700 | NS      | $80240.00     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen, Inc.                                | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       400 | NS      | $105056.00    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The             | The Kraft Heinz Co.                        | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |      5600 | NS      | $227976.00    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems, Inc.                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      2300 | NS      | $109572.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson and Co        | Becton Dickinson and Co.                   | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |       950 | NS      | $241585.00    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co.                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      1600 | NS      | $236400.00    | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                | AstraZeneca PLC                            | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      1200 | NS      | $81360.00     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                    | Cummins, Inc.                              | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       450 | NS      | $109030.50    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Lt | Brookfield Asset Management, Ltd.          | CUSIP: 113004105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      1495 | NS      | $42861.65     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | The Walt Disney Co.                        | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       700 | NS      | $60816.00     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning, Inc.                              | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      4000 | NS      | $127760.00    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                   | Comcast Corp.                              | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      6100 | NS      | $213317.00    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                         | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      5400 | NS      | $207738.00    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp.                        | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       500 | NS      | $103535.00    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America      | Packaging Corp. of America                 | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       500 | NS      | $63955.00     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    157794 | NS      | $157794.26    | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Warner Bros Discovery Inc      | Warner Bros Discovery, Inc.                | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     10300 | NS      | $97644.00     | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                    | Nutrien, Ltd.                              | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |      1400 | NS      | $102242.00    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health, Inc.                      | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      1700 | NS      | $130679.00    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Laboratory Corp of America Hol | Laboratory Corp. of America Holdings       | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |       650 | NS      | $153062.00    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp.      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1200 | NS      | $169068.00    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Corp                     | Atlas Corp.                                | CUSIP: Y0436Q109<br>LEI: N/A                  | Long             | EC               | CORP              | MH        |     13800 | NS      | $211692.00    | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co., Inc.                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2000 | NS      | $221900.00    | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd            | TE Connectivity, Ltd.                      | CUSIP: H84989104<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |       800 | NS      | $91840.00     | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                | Brookfield Corp.                           | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      5983 | NS      | $188225.18    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Ltd               | Schlumberger, Ltd.                         | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |      3100 | NS      | $165726.00    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T, Inc.                                 | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      6000 | NS      | $110460.00    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp             | Realty Income Corp.                        | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      2934 | NS      | $186103.62    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I | American International Group, Inc.         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |      3800 | NS      | $240312.00    | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb, Ltd.                                | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       300 | NS      | $66180.00     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp             | BOK Financial Corp.                        | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |      2100 | NS      | $217959.00    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc             | Kontoor Brands, Inc.                       | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |      6700 | NS      | $267933.00    | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co               | Genuine Parts Co.                          | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      1000 | NS      | $173510.00    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc     | Mondelez International, Inc.               | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      1600 | NS      | $106640.00    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals, Inc.            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       300 | NS      | $216447.00    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp              | Devon Energy Corp.                         | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      2600 | NS      | $159926.00    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp        | Texas Pacific Land Corp.                   | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       135 | NS      | $316471.05    | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV          | NXP Semiconductors NV                      | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      1100 | NS      | $173833.00    | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group, Inc.                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      1000 | NS      | $168160.00    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| IFF                            | International Flavors & Fragrances, Inc.   | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |      1500 | NS      | $157260.00    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips NV         | Koninklijke Philips NV                     | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |     10200 | NS      | $152898.00    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo., Inc.                             | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       500 | NS      | $90330.00     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                     | NetApp, Inc.                               | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      1500 | NS      | $90090.00     | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan, Inc.                        | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      6200 | NS      | $112096.00    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp.                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      3100 | NS      | $102672.00    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                 | Air Lease Corp.                            | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |      2100 | NS      | $80682.00     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Forum Funds II

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer