Forum Financial Management, LP

Wealth advisor Mechanical CIK 1911832
League rank
#2248
in Wealth advisor · #5503 overall
Long book
$7.07B
Q1 2026
Positions
331
Top-10 weight
83%
concentration
Last quarter
+9.6%
SPY +14.8%
Turnover
69%
of book per quarter

Strategy in plain words

auto-generated from filings

Forum Financial Management, LP is a wealth-management firm allocating client money, running a $7.07B US long book across 331 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: DIMENSIONAL US CORE EQUITY 2, ISHARES 10-20 YEAR TREASURY, DIMENSIONAL US TARGET VALUE, DIMENSIONAL INTERNATIONAL CO, DIMENSIONAL EMRG MRKT CORE.

Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.7%
Q2 2024
+7.4%
Q3 2024
-2.8%
Q4 2024
+0.3%
Q1 2025
+7.4%
Q2 2025
+6.8%
Q3 2025
+3.0%
Q4 2025
+0.6%
Q1 2026
+9.6%

Sector allocation

Technology
38%
Healthcare
28%
Financials
8%
Consumer discretionary
6%
Utilities
6%
Industrials
5%
Energy
3%
Services media
2%

Long book by quarter

$5.85B
Q1 2024
$5.53B
Q2 2024
$6.01B
Q3 2024
$6.04B
Q4 2024
$6.04B
Q1 2025
$6.57B
Q2 2025
$7.31B
Q3 2025
$7.69B
Q4 2025
$7.07B
Q1 2026

What does Forum Financial own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMGN AMGEN INCHealthcare348.0K$122.4M1.7%-0.8%
AAPL APPLE INCTechnology257.1K$65.2M0.9%-21.1%
GOOG ALPHABET INC-CL CTechnology109.9K$31.5M0.4%-26.6%
GOOGL ALPHABET INC-CL ATechnology95.4K$27.4M0.4%-32.3%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology139.1K$20.4M0.3%-9.5%
MSFT MICROSOFT CORPTechnology47.9K$17.7M0.3%-48.5%
OKE ONEOK INCUtilities146.7K$13.3M0.2%-5.1%
META META PLATFORMS INC-CLASS ATechnology22.6K$12.9M0.2%-41.5%
JPM JPMORGAN CHASE & COFinancials41.0K$12.1M0.2%-51.7%
ABBV ABBVIE INCHealthcare53.8K$11.7M0.2%-25.9%
AMZN AMAZON.COM INCConsumer discretionary54.1K$11.3M0.2%-57.7%
NVDA NVIDIA CORPTechnology54.8K$9.6M0.1%-66.3%
ET ENERGY TRANSFER LPUtilities401.9K$7.8M0.1%-6.7%
DE DEERE & COIndustrials12.1K$6.8M0.1%-19.2%
WMT WALMART INCConsumer discretionary41.5K$5.2M0.1%-43.9%
XOM EXXON MOBIL CORPEnergy28.5K$4.8M0.1%-70.1%
ABT ABBOTT LABORATORIESHealthcare46.8K$4.8M0.1%-27.1%
LLY ELI LILLY & COHealthcare5.1K$4.7M0.1%-40.9%
BSM BLACK STONE MINERALS LPEnergy300.0K$4.5M0.1%Held
MAR MARRIOTT INTERNATIONAL -CL AServices media12.7K$4.2M0.1%-13.0%
OSBC OLD SECOND BANCORP INCFinancials205.7K$4.1M0.1%-1.5%
HD HOME DEPOT INCConsumer discretionary12.5K$4.1M0.1%-26.0%
CBOE CBOE GLOBAL MARKETS INCFinancials14.5K$4.1M0.1%-12.9%
MPLX MPLX LPEnergy62.3K$3.6M0.1%+0.8%
COST COSTCO WHOLESALE CORPConsumer discretionary3.5K$3.5M0.0%-38.2%
AVGO BROADCOM INCTechnology11.2K$3.5M0.0%-68.5%
CAT CATERPILLAR INCIndustrials4.9K$3.4M0.0%-38.5%
CNP CENTERPOINT ENERGY INCUtilities70.0K$3.0M0.0%0.0%
CVX CHEVRON CORPEnergy14.5K$3.0M0.0%-58.0%
MCD MCDONALD'S CORPConsumer discretionary9.3K$2.9M0.0%-23.0%
JNJ JOHNSON & JOHNSONHealthcare11.9K$2.9M0.0%-66.5%
SYY SYSCO CORPConsumer discretionary36.9K$2.6M0.0%-8.5%
LMT LOCKHEED MARTIN CORPIndustrials4.1K$2.5M0.0%-12.0%
APO APOLLO GLOBAL MANAGEMENT INCFinancials21.9K$2.4M0.0%+276.5%
ALL ALLSTATE CORPFinancials11.4K$2.4M0.0%-30.4%
TSLA TESLA INCIndustrials6.1K$2.3M0.0%-70.9%
MS MORGAN STANLEYFinancials13.0K$2.1M0.0%-57.5%
PG PROCTER & GAMBLE CO/THEOther13.3K$1.9M0.0%-58.9%
GHC GRAHAM HOLDINGS CO-CLASS BServices media1.7K$1.8M0.0%Held
GE GENERAL ELECTRICIndustrials6.3K$1.8M0.0%-43.5%
KO COCA-COLA CO/THEConsumer staples21.5K$1.6M0.0%-51.0%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities42.2K$1.6M0.0%+19.6%
T AT&T INCCommunications53.6K$1.6M0.0%-65.8%
GEV GE VERNOVA INCIndustrials1.7K$1.5M0.0%-45.9%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials2$1.4M0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 23, 2026398$7.07B canonicalSEC ↗
Q4 202513F-HRJan 27, 20261127$7.69B canonicalSEC ↗
Q3 202513F-HROct 24, 20251113$7.31B canonicalSEC ↗
Q2 202513F-HRJul 30, 20251053$6.57B canonicalSEC ↗
Q1 202513F-HRMay 2, 2025968$6.04B canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTFeb 20, 2025990$6.04B canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025964$5.93B SEC ↗
Q3 202413F-HROct 29, 2024840$6.01B canonicalSEC ↗
Q2 202413F-HRJul 30, 2024785$5.53B canonicalSEC ↗
Q1 202413F-HRMay 9, 2024809$5.85B canonicalSEC ↗