Forum Financial Management, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Forum Financial Management, LP reported 765 stock positions worth $6.0 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, 13.0%) and Dimensional US Target Value (DFAT, 8.1%). Compared with Q2 2024, it opened 71 new positions, sold out of 21, added to 374 and reduced 222. The biggest buy was Dim Global Real Estate ETF (DFGR, shares +2%) and the biggest sale Old Second Bancorp (OSBC, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- LOMBARD, IL
- CIK
- 0001911832
- Portfolio Value
- $6.0B (Q3 2024)
- SEC Filing
- 0001911832-24-000006 ↗ filed Oct 29, 2024
Holdings Value
Holdings 765 stocks · $6.0B
| DFAC Dimensional US Core Equity 2 | 21.45% | 37,580,449 | $1.3B | Add +0.7% |
| TLH iShares 10-20 Year Treasury | 12.99% | 7,137,470 | $780.3M | Add +3.1% |
| DFAT Dimensional US Target Value | 8.13% | 8,783,379 | $488.6M | Add +1.8% |
| DFIC Dimensional International Co. | 7.39% | 15,774,309 | $443.9M | Add +3.4% |
| DFEM Dimensional Emrg MRKT Core | 7.30% | 15,566,049 | $438.2M | Add +3.3% |
| DFGR Dim Global Real Estate ETF | 6.76% | 14,062,260 | $405.8M | Add +1.9% |
| DFGP Dimensional GLBL Core PL Fix | 4.86% | 5,301,763 | $292.1M | Add +3.8% |
| DUHP Dimensional US High Profi Et | 3.88% | 6,842,864 | $233.1M | Add +2.4% |
| DISV Dimensional International SM | 3.00% | 6,210,552 | $180.5M | Add +3.1% |
| DIHP Dimensional International Hi | 2.77% | 6,009,122 | $166.5M | Add +3.8% |
| AMGN Amgen Inc. | 1.88% | 350,373 | $112.9M | Reduce -0.1% |
| DFUS Dimensional US Eq MKT ETF | 1.27% | 1,226,518 | $76.3M | Reduce -2.0% |
| AAPL Apple Inc. | 1.18% | 304,477 | $70.9M | Reduce -1.1% |
| DFUV Dimensional US Marketwide Va | 0.85% | 1,222,203 | $51.0M | Reduce -3.1% |
| DFAX Dimensional World Ex US Core | 0.60% | 1,326,223 | $35.8M | Add +2.0% |
| HYD Vaneck High Yield Muni ETF | 0.57% | 643,392 | $34.1M | Add +6.0% |
| MUB iShares National Muni Bond E | 0.47% | 260,100 | $28.3M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 0.38% | 39,424 | $22.6M | Reduce -4.2% |
| MSFT Microsoft Corp. | 0.36% | 49,945 | $21.5M | Add +1.9% |
| DFIS Dimensional International SM | 0.36% | 799,532 | $21.5M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.33% | 540,040 | $20.1M | Reduce -5.2% |
| AMZN Amazon.com Inc. | 0.32% | 103,597 | $19.3M | Add +5.9% |
| OSBC Old Second Bancorp Inc. | 0.32% | 1,234,213 | $19.2M | Reduce -54.3% |
| NVDA Nvidia Corp. | 0.30% | 148,241 | $18.0M | Add +2.3% |
| JPM JPMorgan Chase & Co. | 0.28% | 80,159 | $16.9M | Reduce -1.3% |
| DFIV Dimensional International Va | 0.28% | 437,272 | $16.7M | Reduce -0.7% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.27% | 727,761 | $16.1M | Reduce -1.3% |
| DFSU Dimensional US Sus CORE1 ETF | 0.25% | 397,505 | $14.8M | Add +0.7% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.22% | 373,084 | $13.2M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 0.21% | 74,404 | $12.3M | Add +2.2% |
| CBOE Cboe Global Markets Inc. | 0.19% | 56,462 | $11.6M | Add +2782.2% |
| GOOG Alphabet Inc. Class C | 0.18% | 64,187 | $10.7M | Reduce -0.6% |
| DFAR Dimensional US Real Est ETF | 0.18% | 410,446 | $10.5M | Reduce -2.4% |
| ABBV Abbvie Inc. | 0.17% | 52,752 | $10.4M | Reduce -0.6% |
| DFSI Dimensional Int Sus COR1 ETF | 0.17% | 284,521 | $10.2M | Add +2.2% |
| XOM Exxon Mobil Corp. | 0.15% | 78,405 | $9.2M | Add +2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 15,663 | $9.0M | Add +5.9% |
| DFAS Dimensional US Small Cap ETF | 0.14% | 129,152 | $8.4M | Add +0.1% |
| LLY Eli Lilly & Co. | 0.12% | 8,350 | $7.4M | Reduce -3.5% |
| IWF iShares Russell 1000 Growth | 0.12% | 18,682 | $7.0M | Add +2.3% |
| TSLA Tesla Inc. | 0.11% | 26,207 | $6.9M | Reduce -7.3% |
| ABT Abbott Laboratories | 0.11% | 57,631 | $6.6M | Reduce -0.1% |
| VGLT Vanguard Long-Term Treasury | 0.11% | 106,135 | $6.5M | Reduce -4.3% |
| HD Home Depot Inc. | 0.10% | 14,682 | $5.9M | Add +3.4% |
| WMT Walmart Inc. | 0.10% | 72,203 | $5.8M | Add +3.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 19,394 | $5.5M | Add +8.5% |
| DE Deere & Co. | 0.09% | 12,952 | $5.4M | Add +0.5% |
| AVGO Broadcom Inc. | 0.09% | 30,256 | $5.2M | Reduce -5.2% |
| IVV iShares Core S&P 500 ETF | 0.08% | 8,353 | $4.8M | Add +3.2% |
| CVX Chevron Corp. | 0.08% | 32,401 | $4.8M | Add +2.8% |
| OUNZ Vaneck Merk Gold ETF | 0.07% | 160,123 | $4.1M | No change |
| JNJ Johnson & Johnson | 0.07% | 24,583 | $4.0M | Reduce -2.3% |
| TBIL F/M US Treasury 3 Month Bill | 0.07% | 79,156 | $4.0M | Add +92.6% |
| UNH Unitedhealth Group Inc. | 0.07% | 6,771 | $4.0M | Reduce -0.3% |
| AMD Advanced Micro Devices | 0.07% | 24,055 | $3.9M | Reduce -1.7% |
| TTE Totalenergies SE -Spon ADR | 0.06% | 60,342 | $3.9M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.06% | 21,514 | $3.7M | Reduce -2.8% |
| SYY Sysco Corp. | 0.06% | 47,597 | $3.7M | Reduce -0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 93,580 | $3.7M | Reduce -1.4% |
| VOO Vanguard S&P 500 ETF | 0.06% | 6,821 | $3.6M | Add +5.2% |
| COST Costco Wholesale Corp. | 0.06% | 4,045 | $3.6M | Reduce -4.3% |
| SAP Sap SE-Sponsored ADR | 0.06% | 15,192 | $3.5M | No change |
| DFIP Dimensional Inflation-Protec | 0.06% | 82,232 | $3.5M | Reduce -0.1% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.06% | 338,439 | $3.4M | No change |
| AVUS Avantis U.S. Equity ETF | 0.06% | 36,023 | $3.4M | Add +26.4% |
| VEA Vanguard Ftse Developed ETF | 0.05% | 61,841 | $3.3M | Add +8.5% |
| TM Toyota Motor Corp. -Spon ADR | 0.05% | 17,297 | $3.1M | Reduce -0.1% |
| NEM Newmont Corp. | 0.05% | 56,792 | $3.0M | Reduce -10.6% |
| MCD McDonald's Corp. | 0.05% | 9,543 | $2.9M | Add +1.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.05% | 14,311 | $2.9M | Add +0.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.05% | 23,678 | $2.8M | Add +1.1% |
| MRK Merck & Co. Inc. | 0.05% | 24,593 | $2.8M | Add +8.4% |
| IWD iShares Russell 1000 Value E | 0.05% | 14,685 | $2.8M | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.05% | 25,115 | $2.8M | Reduce -40.6% |
| WFC Wells Fargo & Co. | 0.05% | 48,757 | $2.8M | Reduce -2.8% |
| NVS Novartis AG-Sponsored ADR | 0.05% | 23,822 | $2.7M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.04% | 6,976 | $2.7M | Add +2.2% |
| KO The Coca-Cola Co. | 0.04% | 37,247 | $2.7M | Add +6.5% |
| CME Cme Group Inc. | 0.04% | 11,890 | $2.6M | Add +0.3% |
| LMT Lockheed Martin Corp. | 0.04% | 4,471 | $2.6M | Reduce -0.1% |
| T AT&T Inc. | 0.04% | 112,115 | $2.5M | Add +2.2% |
| MAR Marriott International Class A | 0.04% | 9,901 | $2.5M | Add +0.1% |
| NFLX Netflix Inc. | 0.04% | 3,446 | $2.4M | Reduce -1.4% |
| GE General Electric filed as GE AEROSPACE | 0.04% | 12,955 | $2.4M | Add +4.4% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.04% | 193,123 | $2.4M | No change |
| V Visa Inc. Class A | 0.04% | 8,839 | $2.4M | Add +2.4% |
| CMCSA Comcast Corp. Class A | 0.04% | 57,811 | $2.4M | Reduce -0.8% |
| CAT Caterpillar Inc. | 0.04% | 6,153 | $2.4M | Reduce -0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.04% | 24,438 | $2.4M | Add +3.3% |
| CNQ Canadian Natural Resources | 0.04% | 69,966 | $2.3M | Add +0.2% |
| CRM Salesforce Inc. | 0.04% | 8,468 | $2.3M | Add +0.3% |
| ORCL Oracle Corp. | 0.04% | 13,223 | $2.3M | Reduce -3.0% |
| VZ Verizon Communications Inc. | 0.04% | 49,046 | $2.2M | Add +19.2% |
| XLK SS Technology Select Sector | 0.04% | 9,745 | $2.2M | Reduce -3.8% |
| SNY Sanofi-ADR | 0.04% | 37,948 | $2.2M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.04% | 4,468 | $2.2M | Add +7.4% |
| IWB iShares Russell 1000 ETF | 0.04% | 6,836 | $2.1M | Reduce -0.2% |
| DFCF Dimensional Core Fixed Inc. | 0.04% | 49,041 | $2.1M | Reduce -0.1% |
| IVW iShares S&P 500 Growth ETF | 0.04% | 22,039 | $2.1M | Reduce -0.3% |
| SHEL Shell PLC-ADR | 0.04% | 31,888 | $2.1M | Add +1.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $3.5M (not counted above)
Total filed on the 13F, all lines: $6.0B.
Portfolio Sells Q2 2024 → Q3 2024
| OSBC Old Second Bancorp Inc. | Reduce -54.3% | 0.32% | −0.40 |
| AMGN Amgen Inc. | Reduce -0.1% | 1.88% | −0.10 |
| DFUS Dimensional US Eq MKT ETF | Reduce -2.0% | 1.27% | −0.06 |
| DFUV Dimensional US Marketwide Va | Reduce -3.1% | 0.85% | −0.05 |
| MUB iShares National Muni Bond E | Reduce -1.6% | 0.47% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -40.6% | 0.05% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 0.18% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -3.5% | 0.12% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -1.3% | 0.28% | −0.02 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -0.1% | 0.05% | −0.01 |
| OVV Ovintiv Inc. | Reduce -15.6% | 0.02% | −0.01 |
| MU Micron Technology Inc. | Reduce -1.8% | 0.03% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -59.6% | 0.01% | −0.01 |
| DFIV Dimensional International Va | Reduce -0.7% | 0.28% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -70.4% | 0.00% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -2.8% | 0.05% | −0.01 |
| VGLT Vanguard Long-Term Treasury | Reduce -4.3% | 0.11% | −0.01 |
| BAC Bank of America Corp. | Reduce -1.4% | 0.06% | −0.01 |
| COP Conocophillips | Reduce -1.3% | 0.03% | −0.01 |
| AMD Advanced Micro Devices | Reduce -1.7% | 0.07% | −0.01 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.01 |
| AVGO Broadcom Inc. | Reduce -5.2% | 0.09% | −0.01 |
| OXY Occidental Petroleum Corp. | Reduce -17.9% | 0.01% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -4.3% | 0.06% | −0.01 |
| ORANY Orange-Spon ADR | Reduce -71.9% | 0.00% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -2.4% | 0.02% | −0.01 |
| QQQM Invesco Nasdaq 100 ETF | Sold out | 0.00% | −0.01 |
| OHI Omega Healthcare Investors | Sold out | 0.00% | −0.01 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.00 |
| XLK SS Technology Select Sector | Reduce -3.8% | 0.04% | −0.00 |
| WRK Westrock Co. | Sold out | 0.00% | −0.00 |
| PEP Pepsico Inc. | Reduce -8.8% | 0.03% | −0.00 |
| SCHW Schwab (charles) Corp. | Reduce -0.8% | 0.02% | −0.00 |
| SWKS Skyworks Solutions Inc. | Reduce -0.0% | 0.03% | −0.00 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Reduce -1.3% | 0.27% | −0.00 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.00 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.00 |
| C Citigroup Inc. | Reduce -4.7% | 0.03% | −0.00 |
| ENTG Entegris Inc. | Sold out | 0.00% | −0.00 |
| APG Api Group Corp. | Sold out | 0.00% | −0.00 |
| ALLY Ally Financial Inc. | Sold out | 0.00% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -2.8% | 0.06% | −0.00 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.00 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.00 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.00 |
| SUB iShares Short-Term National | Reduce -4.3% | 0.03% | −0.00 |
| REET iShares Global REIT ETF | Sold out | 0.00% | −0.00 |
| MPC Marathon Petroleum Corp. | Reduce -0.3% | 0.02% | −0.00 |
| OMF Onemain Holdings Inc. | Sold out | 0.00% | −0.00 |
| PVH PVH Corp. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| DFGR Dim Global Real Estate ETF | Add +1.9% | 6.76% | +0.52 |
| CBOE Cboe Global Markets Inc. | Add +2782.2% | 0.19% | +0.19 |
| DFIC Dimensional International Co. | Add +3.4% | 7.39% | +0.13 |
| TLH iShares 10-20 Year Treasury | Add +3.1% | 12.99% | +0.13 |
| DISV Dimensional International SM | Add +3.1% | 3.00% | +0.07 |
| DFAT Dimensional US Target Value | Add +1.8% | 8.13% | +0.03 |
| TBIL F/M US Treasury 3 Month Bill | Add +92.6% | 0.07% | +0.03 |
| DIHP Dimensional International Hi | Add +3.8% | 2.77% | +0.01 |
| DUHP Dimensional US High Profi Et | Add +2.4% | 3.88% | +0.01 |
| WMT Walmart Inc. | Add +3.5% | 0.10% | +0.01 |
| HD Home Depot Inc. | Add +3.4% | 0.10% | +0.01 |
| AVUS Avantis U.S. Equity ETF | Add +26.4% | 0.06% | +0.01 |
| BCO The Brink's Co. | New | 0.01% | +0.01 |
| SNOW Snowflake Inc. | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | Add +19.2% | 0.04% | +0.01 |
| GE General Electric | Add +4.4% | 0.04% | +0.01 |
| MCD McDonald's Corp. | Add +1.4% | 0.05% | +0.01 |
| SW Smurfit Westrock PLC | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.5% | 0.09% | +0.00 |
| VST Vistra Corp. | Add +0.7% | 0.02% | +0.00 |
| CRBG Corebridge Financial Inc. | New | 0.00% | +0.00 |
| NOC Northrop Grumman Corp. | Add +31.4% | 0.01% | +0.00 |
| SWK Stanley Black & Decker Inc. | New | 0.00% | +0.00 |
| ITI Iteris Inc. | New | 0.00% | +0.00 |
| CAG Conagra Brands Inc. | New | 0.00% | +0.00 |
| GEV GE Vernova Inc. | Add +6.9% | 0.01% | +0.00 |
| K Kellanova | New | 0.00% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +105.4% | 0.01% | +0.00 |
| KO The Coca-Cola Co. | Add +6.5% | 0.04% | +0.00 |
| COHR Coherent Corp. | New | 0.00% | +0.00 |
| IFF Intl Flavors & Fragrances | New | 0.00% | +0.00 |
| MOD Modine Manufacturing Co. | New | 0.00% | +0.00 |
| WAL Western Alliance Bancorp | New | 0.00% | +0.00 |
| Z Zillow Group Inc. Class C | New | 0.00% | +0.00 |
| NVR NVR Inc. | New | 0.00% | +0.00 |
| BABA Alibaba Group Holding-SP ADR | New | 0.00% | +0.00 |
| DVY iShares Select Dividend ETF | New | 0.00% | +0.00 |
| TPL Texas Pacific Land Corp. | New | 0.00% | +0.00 |
| INCY Incyte Corp. | New | 0.00% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.9% | 0.15% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.00% | +0.00 |
| VRSN Verisign Inc. | New | 0.00% | +0.00 |
| BUD Anheuser-Busch Inbev-SPN ADR | New | 0.00% | +0.00 |
| CRS Carpenter Technology | New | 0.00% | +0.00 |
| COKE Coca-Cola Consolidated Inc. | New | 0.00% | +0.00 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +4.5% | 0.22% | +0.00 |
| GPI Group 1 Automotive Inc. | New | 0.00% | +0.00 |
| KBH KB Home | New | 0.00% | +0.00 |
| THO Thor Industries Inc. | New | 0.00% | +0.00 |
| ARES Ares Management Corp. Class A | New | 0.00% | +0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| BITO Proshares Bitcoin ETF-Usd | BITCOIN ETF · principal | New | 35,000 | $672K |
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 |