Forum Financial Management, LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Forum Financial Management, LP reported 740 stock positions worth $5.9 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 21.5% of the portfolio, followed by iShares 10-20 Year Treasury (TLH, 12.8%) and Dimensional US Target Value (DFAT, 8.5%). Compared with Q4 2023, it opened 77 new positions, sold out of 23, added to 228 and reduced 192. The biggest buy was a new position in Dimensional GLBL Core PL Fix (DFGP) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- LOMBARD, IL
- CIK
- 0001911832
- Portfolio Value
- $5.9B (Q1 2024)
- SEC Filing
- 0001911832-24-000003 ↗ filed May 9, 2024
Holdings Value
Holdings 740 stocks · $5.9B
| DFAC Dimensional US Core Equity 2 | 21.54% | 39,447,063 | $1.3B | Reduce -2.3% |
| TLH iShares 10-20 Year Treasury | 12.75% | 7,103,508 | $746.1M | Add +2.0% |
| DFAT Dimensional US Target Value | 8.45% | 9,086,153 | $494.6M | Reduce -0.9% |
| DFIC Dimensional International Co. | 7.30% | 15,970,360 | $427.2M | Reduce -1.1% |
| DFEM Dimensional Emrg MRKT Core | 6.89% | 15,822,576 | $403.3M | Add +1.7% |
| DFGR Dim Global Real Estate ETF | 6.15% | 14,084,940 | $359.6M | Add +1.0% |
| DFGP Dimensional GLBL Core PL Fix | 4.55% | 4,985,303 | $266.1M | New |
| DUHP Dimensional US High Profi Et | 3.82% | 7,078,694 | $223.8M | Reduce -1.7% |
| DISV Dimensional International SM | 3.03% | 6,519,322 | $177.3M | Reduce -1.5% |
| DIHP Dimensional International Hi | 2.80% | 6,080,822 | $163.8M | Reduce -1.8% |
| AMGN Amgen Inc. | 1.70% | 350,066 | $99.5M | Add +0.1% |
| DFUS Dimensional US Eq MKT ETF | 1.32% | 1,355,438 | $77.2M | Reduce -2.1% |
| DFUV Dimensional US Marketwide Va | 0.98% | 1,401,536 | $57.3M | Reduce -2.8% |
| AAPL Apple Inc. | 0.91% | 310,723 | $53.3M | Reduce -1.5% |
| MUB iShares National Muni Bond E | 0.81% | 438,809 | $47.2M | Add +12.4% |
| DFAX Dimensional World Ex US Core | 0.68% | 1,559,561 | $39.7M | Reduce -2.3% |
| OSBC Old Second Bancorp Inc. | 0.64% | 2,726,075 | $37.7M | Add +0.0% |
| MSFT Microsoft Corp. | 0.35% | 47,990 | $20.2M | Reduce -0.0% |
| META Meta Platforms Inc. Class A | 0.34% | 41,323 | $20.1M | Add +0.0% |
| DFIS Dimensional International SM | 0.34% | 799,532 | $20.0M | Add +5.6% |
| HYD Vaneck High Yield Muni ETF | 0.34% | 375,533 | $19.6M | Reduce -29.5% |
| AMZN Amazon.com Inc. | 0.31% | 98,937 | $17.8M | Add +1.1% |
| CME Cme Group Inc. | 0.29% | 79,981 | $17.2M | Reduce -45.6% |
| JPM JPMorgan Chase & Co. | 0.29% | 84,012 | $16.8M | Reduce -8.6% |
| DFIV Dimensional International Va | 0.28% | 451,192 | $16.6M | Reduce -0.8% |
| SCHF Schwab Intl Equity ETF | 0.28% | 418,786 | $16.3M | Add +2667.4% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.27% | 746,575 | $15.9M | Reduce -1.5% |
| DFCF Dimensional Core Fixed Inc. | 0.27% | 374,969 | $15.7M | Reduce -10.4% |
| NVDA Nvidia Corp. | 0.25% | 15,955 | $14.4M | Add +1.0% |
| DFSU Dimensional US Sus CORE1 ETF | 0.22% | 376,561 | $13.0M | Add +6.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.22% | 254,160 | $12.7M | New |
| GOOG Alphabet Inc. Class C | 0.20% | 76,622 | $11.7M | Add +18.0% |
| ABBV Abbvie Inc. | 0.20% | 62,855 | $11.4M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.19% | 72,854 | $11.0M | Add +2.8% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 466,746 | $10.7M | Reduce -3.0% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.18% | 331,038 | $10.7M | Add +8.4% |
| DFAR Dimensional US Real Est ETF | 0.16% | 420,430 | $9.4M | Add +1.2% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.15% | 172,084 | $8.9M | New |
| DFSI Dimensional Int Sus COR1 ETF | 0.15% | 261,860 | $8.8M | Add +8.5% |
| DFAS Dimensional US Small Cap ETF | 0.14% | 135,791 | $8.5M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 0.14% | 69,423 | $8.1M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 14,939 | $7.8M | Reduce -2.4% |
| SPMB SS SPDR P Mort Back Bond ETF | 0.13% | 359,515 | $7.8M | New |
| ABT Abbott Laboratories | 0.12% | 61,313 | $7.0M | Add +0.6% |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 163,032 | $6.8M | Add +1006.9% |
| LLY Eli Lilly & Co. | 0.12% | 8,714 | $6.8M | Add +1.7% |
| IWF iShares Russell 1000 Growth | 0.10% | 18,077 | $6.1M | Reduce -7.3% |
| HD Home Depot Inc. | 0.10% | 15,192 | $5.8M | Reduce -1.0% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 51,812 | $5.7M | Add +2645.7% |
| AVUS Avantis U.S. Equity ETF | 0.09% | 59,555 | $5.3M | Reduce -10.1% |
| DE Deere & Co. | 0.09% | 12,705 | $5.2M | Add +0.1% |
| CVX Chevron Corp. | 0.09% | 31,776 | $5.0M | Add +1.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 19,144 | $5.0M | Reduce -3.1% |
| AMD Advanced Micro Devices | 0.08% | 25,745 | $4.6M | Reduce -0.6% |
| AVMU Avantis Core Municipal Fixed | 0.08% | 96,388 | $4.5M | Add +0.0% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.08% | 160,436 | $4.5M | New |
| IVV iShares Core S&P 500 ETF | 0.08% | 8,437 | $4.4M | Add +2.9% |
| WMT Walmart Inc. | 0.07% | 72,523 | $4.4M | Add +2.6% |
| TM Toyota Motor Corp. -Spon ADR | 0.07% | 17,317 | $4.4M | Reduce -2.2% |
| TTE Totalenergies SE -Spon ADR | 0.07% | 60,482 | $4.2M | Add +2.6% |
| AVGO Broadcom Inc. | 0.07% | 3,046 | $4.0M | Add +0.8% |
| VGLT Vanguard Long-Term Treasury | 0.07% | 68,114 | $4.0M | Add +31.7% |
| SYY Sysco Corp. | 0.07% | 48,080 | $3.9M | Reduce -1.6% |
| TSLA Tesla Inc. | 0.06% | 21,482 | $3.8M | Reduce -1.3% |
| SCHH Schwab US REIT ETF | 0.06% | 185,661 | $3.8M | New |
| MRK Merck & Co. Inc. | 0.06% | 28,197 | $3.7M | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.06% | 23,390 | $3.7M | Add +11.2% |
| XT Ishar Fture Exp Tech ETF-Usd | 0.06% | 61,997 | $3.7M | New |
| DFIP Dimensional Inflation-Protec | 0.06% | 86,976 | $3.6M | Reduce -12.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 93,810 | $3.6M | Add +0.8% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.06% | 73,966 | $3.6M | New |
| SHV iShares 0-1 Year Treasury Bo | 0.06% | 32,007 | $3.5M | Add +17.6% |
| V Visa Inc. Class A | 0.06% | 12,406 | $3.5M | Reduce -0.5% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.06% | 338,439 | $3.5M | Add +2.0% |
| OUNZ Vaneck Merk Gold ETF | 0.06% | 160,123 | $3.4M | No change |
| UNH Unitedhealth Group Inc. | 0.06% | 6,892 | $3.4M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.06% | 4,626 | $3.4M | Reduce -1.4% |
| PG The Procter & Gamble Co. | 0.06% | 20,614 | $3.3M | Reduce -9.3% |
| VEA Vanguard Ftse Developed ETF | 0.05% | 62,909 | $3.2M | Reduce -2.4% |
| SAP Sap SE-Sponsored ADR | 0.05% | 15,192 | $3.0M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.05% | 22,824 | $2.9M | Reduce -2.4% |
| WFC Wells Fargo & Co. | 0.05% | 49,938 | $2.9M | Reduce -1.3% |
| VOO Vanguard S&P 500 ETF | 0.05% | 6,018 | $2.9M | Add +12.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 23,449 | $2.9M | Add +33.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.05% | 14,824 | $2.8M | Reduce -67.9% |
| INTC Intel Corp. | 0.05% | 64,285 | $2.8M | Add +1.0% |
| IWD iShares Russell 1000 Value E | 0.05% | 15,553 | $2.8M | Reduce -0.1% |
| CNQ Canadian Natural Resources | 0.05% | 34,925 | $2.7M | No change |
| SPTI SS SPDR P Int Term TSY ETF | 0.05% | 93,803 | $2.6M | New |
| MCD McDonald's Corp. | 0.04% | 9,322 | $2.6M | Reduce -2.0% |
| IAGG iShares Intl Aggregate Bond | 0.04% | 52,619 | $2.6M | New |
| COP Conocophillips | 0.04% | 20,363 | $2.6M | Add +12.3% |
| CMCSA Comcast Corp. Class A | 0.04% | 58,506 | $2.5M | Reduce -0.4% |
| CRM Salesforce Inc. | 0.04% | 8,221 | $2.5M | Add +1.7% |
| NEM Newmont Corp. | 0.04% | 65,239 | $2.3M | Reduce -55.6% |
| NVS Novartis AG-Sponsored ADR | 0.04% | 23,822 | $2.3M | No change |
| SMFG Sumitomo Mitsui-Spons ADR | 0.04% | 193,123 | $2.3M | Add +2.3% |
| CAT Caterpillar Inc. | 0.04% | 6,190 | $2.3M | Reduce -1.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.04% | 9,294 | $2.2M | Reduce -2.3% |
| KO The Coca-Cola Co. | 0.04% | 35,857 | $2.2M | Reduce -0.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PCT Purecycle Technologies Inc. | COM · principal | 300,000 | $1.9M | Add +11.1% |
Total filed on the 13F, all lines: $5.9B.
Portfolio Sells Q4 2023 → Q1 2024
| DFAC Dimensional US Core Equity 2 | Reduce -2.3% | 21.54% | −0.70 |
| DFAT Dimensional US Target Value | Reduce -0.9% | 8.45% | −0.59 |
| DFIC Dimensional International Co. | Reduce -1.1% | 7.30% | −0.47 |
| CME Cme Group Inc. | Reduce -45.6% | 0.29% | −0.29 |
| AAPL Apple Inc. | Reduce -1.5% | 0.91% | −0.23 |
| DIHP Dimensional International Hi | Reduce -1.8% | 2.80% | −0.20 |
| DISV Dimensional International SM | Reduce -1.5% | 3.03% | −0.19 |
| HYD Vaneck High Yield Muni ETF | Reduce -29.5% | 0.34% | −0.18 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -67.9% | 0.05% | −0.11 |
| NEM Newmont Corp. | Reduce -55.6% | 0.04% | −0.07 |
| DFCF Dimensional Core Fixed Inc. | Reduce -10.4% | 0.27% | −0.07 |
| DUHP Dimensional US High Profi Et | Reduce -1.7% | 3.82% | −0.06 |
| DFAX Dimensional World Ex US Core | Reduce -2.3% | 0.68% | −0.06 |
| TSLA Tesla Inc. | Reduce -1.3% | 0.06% | −0.04 |
| DFUS Dimensional US Eq MKT ETF | Reduce -2.1% | 1.32% | −0.03 |
| DFUV Dimensional US Marketwide Va | Reduce -2.8% | 0.98% | −0.03 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Reduce -1.5% | 0.27% | −0.03 |
| SUB iShares Short-Term National | Reduce -33.6% | 0.03% | −0.02 |
| DFIP Dimensional Inflation-Protec | Reduce -12.5% | 0.06% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -33.2% | 0.03% | −0.01 |
| DFIV Dimensional International Va | Reduce -0.8% | 0.28% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -1.1% | 0.06% | −0.01 |
| AVUS Avantis U.S. Equity ETF | Reduce -10.1% | 0.09% | −0.01 |
| ADBE Adobe Inc. | Reduce -1.6% | 0.03% | −0.01 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -0.1% | 0.03% | −0.01 |
| PEP Pepsico Inc. | Reduce -16.3% | 0.03% | −0.01 |
| MCD McDonald's Corp. | Reduce -2.0% | 0.04% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -37.8% | 0.01% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.2% | 0.14% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.01 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.01 |
| ZTS Zoetis Inc. | Reduce -6.0% | 0.02% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -7.3% | 0.10% | −0.01 |
| MRCC Monroe Capital Corp. | Sold out | 0.00% | −0.01 |
| AVDE Avantis International Equity | Reduce -16.1% | 0.03% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -8.6% | 0.29% | −0.01 |
| SONY Sony Group Corp. - SP ADR | Reduce -0.0% | 0.03% | −0.01 |
| AI C3.AI Inc. Class A | Reduce -43.9% | 0.01% | −0.01 |
| GILD Gilead Sciences Inc. | Reduce -8.9% | 0.02% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -5.6% | 0.03% | −0.01 |
| PM Philip Morris International | Reduce -14.9% | 0.02% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -9.3% | 0.06% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -0.4% | 0.04% | −0.01 |
| LBRDK Liberty Broadband-C | Sold out | 0.00% | −0.01 |
| IWS iShares Russell Mid-Cap Valu | Sold out | 0.00% | −0.01 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.00 |
| IWO iShares Russell 2000 Growth | Reduce -45.1% | 0.01% | −0.00 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.00 |
| CHMG Chemung Financial Corp. | Reduce -0.9% | 0.01% | −0.00 |
| PHG Koninklijke Philips NVR- NY | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| DFGP Dimensional GLBL Core PL Fix | New | 4.55% | +4.55 |
| SCHF Schwab Intl Equity ETF | Add +2667.4% | 0.28% | +0.27 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.22% | +0.22 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.15% | +0.15 |
| SPMB SS SPDR P Mort Back Bond ETF | New | 0.13% | +0.13 |
| VWO Vanguard Ftse Emerging Marke | Add +1006.9% | 0.12% | +0.10 |
| NVDA Nvidia Corp. | Add +1.0% | 0.25% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +2645.7% | 0.10% | +0.09 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | New | 0.08% | +0.08 |
| META Meta Platforms Inc. Class A | Add +0.0% | 0.34% | +0.07 |
| SCHH Schwab US REIT ETF | New | 0.06% | +0.06 |
| XT Ishar Fture Exp Tech ETF-Usd | New | 0.06% | +0.06 |
| KOMP SS SPDR S&P Kensho Ne Comp | New | 0.06% | +0.06 |
| SPTI SS SPDR P Int Term TSY ETF | New | 0.05% | +0.05 |
| IAGG iShares Intl Aggregate Bond | New | 0.04% | +0.04 |
| TBIL F/M US Treasury 3 Month Bill | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +18.0% | 0.20% | +0.03 |
| AMZN Amazon.com Inc. | Add +1.1% | 0.31% | +0.02 |
| SMCI Super Micro Computer Inc. | Add +0.8% | 0.03% | +0.02 |
| LLY Eli Lilly & Co. | Add +1.7% | 0.12% | +0.02 |
| DIS The Walt Disney Co. | Add +33.1% | 0.05% | +0.02 |
| AVRE Avantis Real Estate ETF | Add +144.3% | 0.03% | +0.02 |
| VZ Verizon Communications Inc. | Add +108.6% | 0.03% | +0.02 |
| T AT&T Inc. | Add +72.8% | 0.03% | +0.01 |
| DFSU Dimensional US Sus CORE1 ETF | Add +6.0% | 0.22% | +0.01 |
| MUB iShares National Muni Bond E | Add +12.4% | 0.81% | +0.01 |
| VGLT Vanguard Long-Term Treasury | Add +31.7% | 0.07% | +0.01 |
| UBER Uber Technologies Inc. | New | 0.01% | +0.01 |
| GE General Electric | Add +0.8% | 0.04% | +0.01 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.01% | +0.01 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 0.01% | +0.01 |
| PRU Prudential Financial Inc. | Add +42.6% | 0.02% | +0.01 |
| AVGO Broadcom Inc. | Add +0.8% | 0.07% | +0.01 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +2.0% | 0.06% | +0.01 |
| VST Vistra Corp. | Add +0.1% | 0.01% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | New | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +12.0% | 0.05% | +0.01 |
| DFSI Dimensional Int Sus COR1 ETF | Add +8.5% | 0.15% | +0.01 |
| EPD Enterprise Products Partners | Add +52.2% | 0.01% | +0.01 |
| ETN Eaton Corp. PLC | Add +6.5% | 0.02% | +0.00 |
| WPM Wheaton Precious Metals Corp. | New | 0.00% | +0.00 |
| COP Conocophillips | Add +12.3% | 0.04% | +0.00 |
| WMT Walmart Inc. | Add +2.6% | 0.07% | +0.00 |
| FIX Comfort Systems USA Inc. | New | 0.00% | +0.00 |
| XPO Xpo Inc. | New | 0.00% | +0.00 |
| AFRM Affirm Holdings Inc. | New | 0.00% | +0.00 |
| APP AppLovin Corp. Class A | New | 0.00% | +0.00 |
| AZEK The Azek Co. Inc. | New | 0.00% | +0.00 |
| CPAY Corpay Inc. | New | 0.00% | +0.00 |
| SMFG Sumitomo Mitsui-Spons ADR | Add +2.3% | 0.04% | +0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| PCT Purecycle Technologies Inc. | COM · principal | Add +11.1% | 300,000 | $1.9M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 351 | $7.8B | DFAC, TLH, DFAT, DFEM, DFIC |
| Q1 2026 | 330 | $7.1B | DFAC, TLH, DFAT, DFIC, DFEM |
| Q4 2025 | 1,011 | $7.7B | DFAC, TLH, DFAT, DFEM, DFIC |
| Q3 2025 | 1,007 | $7.3B | DFAC, TLH, DFAT, DFEM, DFIC |
| Q2 2025 | 951 | $6.6B | DFAC, TLH, DFAT, DFEM, DFIC |
| Q1 2025 | 866 | $6.0B | DFAC, TLH, DFAT, DFIC, DFEM |
| Q4 2024Amended | 890 | $6.0B | DFAC, TLH, DFAT, DFEM, DFIC |
| Q3 2024 | 765 | $6.0B | DFAC, TLH, DFAT, DFIC, DFEM |
| Q2 2024 | 715 | $5.5B | DFAC, TLH, DFAT, DFEM, DFIC |
| Q1 2024 | 740 | $5.9B | DFAC, TLH, DFAT, DFIC, DFEM |