ABSOLUTE CONVERTIBLE ARBITRAGE FUND

Fund Profile

Fund profile

Tickers

ARBIX, ARBOX

Fund manager

Forum Funds

Total assets

$1.54 bn

Liabilities

$441.64 mm

Net assets

$1.09 bn

Number of holdings

264.00

Top 200 of 264 Holdings

As of Jun 2023

Security	$Holding	Balance	% of Fund	Category	Position	Country
First American Treasury Obligations Fund	80.69 mm	80.69 mm shares	7.38	Short-term investment vehicle	Long	USA
Absolute Convertible Opportunities Fund	18.69 mm	1.82 mm shares	1.71	Common equity	Long	USA
WK Workiva Inc.	15.05 mm	10.68 mm principal	1.38	Debt	Long	USA
MGPI MGP Ingredients, Inc.	14.84 mm	12.00 mm principal	1.36	Debt	Long	USA
ORA Ormat Technologies, Inc.	14.10 mm	13.00 mm principal	1.29	Debt	Long	USA
SMART Global Holdings, Inc.	13.61 mm	9.00 mm principal	1.24	Debt	Long	Cayman Islands
ITGR Integer Holdings Corporation	13.01 mm	11.00 mm principal	1.19	Debt	Long	USA
MDRX Veradigm Inc.	12.54 mm	11.26 mm principal	1.15	Debt	Long	USA
W Wayfair Inc.	12.44 mm	10.00 mm principal	1.14	Debt	Long	USA
ALTR Altair Engineering Inc.	12.17 mm	10.00 mm principal	1.11	Debt	Long	USA
BTU Peabody Energy Corporation	12.13 mm	9.00 mm principal	1.11	Debt	Long	USA
HLX Helix Energy Solutions Group, Inc.	11.91 mm	8.98 mm principal	1.09	Debt	Long	USA
BOX Box, Inc.	11.66 mm	9.35 mm principal	1.07	Debt	Long	USA
Lantheus Holdings, Inc.	11.63 mm	8.95 mm principal	1.06	Debt	Long	USA
VREX Varex Imaging Corporation	11.53 mm	9.00 mm principal	1.05	Debt	Long	USA
PRGS Progress Software Corporation	11.39 mm	10.35 mm principal	1.04	Debt	Long	USA
PRO PROS Holdings, Inc.	11.38 mm	11.33 mm principal	1.04	Debt	Long	USA
GBX The Greenbrier Companies, Inc.	11.38 mm	11.50 mm principal	1.04	Debt	Long	USA
SSRM SSR Mining Inc.	11.27 mm	10.50 mm principal	1.03	Debt	Long	Canada
GPRE Green Plains Inc.	11.21 mm	9.00 mm principal	1.02	Debt	Long	USA
NOG Northern Oil and Gas, Inc.	11.20 mm	10.00 mm principal	1.02	Debt	Long	USA
INFN Infinera Corporation	11.15 mm	12.00 mm principal	1.02	Debt	Long	USA
WGO Winnebago Industries, Inc.	10.92 mm	9.10 mm principal	1.00	Debt	Long	USA
NXGN Nextgen Healthcare, Inc.	10.72 mm	11.00 mm principal	0.98	Debt	Long	USA
American Airlines Group, Inc.	10.60 mm	8.24 mm principal	0.97	Debt	Long	USA
PATK Patrick Industries, Inc.	10.58 mm	10.85 mm principal	0.97	Debt	Long	USA
SMTC Semtech Corporation	10.38 mm	11.10 mm principal	0.95	Debt	Long	USA
CNMD CONMED Corporation	10.09 mm	9.00 mm principal	0.92	Debt	Long	USA
LITE Lumentum Holdings Inc.	9.76 mm	11.00 mm principal	0.89	Debt	Long	USA
ARRY Array Technologies, Inc.	9.75 mm	8.50 mm principal	0.89	Debt	Long	USA
BSY Bentley Systems, Incorporated	9.72 mm	10.71 mm principal	0.89	Debt	Long	USA
JBT John Bean Technologies Corporation	9.67 mm	10.14 mm principal	0.88	Debt	Long	USA
MNKD MannKind Corporation	9.63 mm	9.00 mm principal	0.88	Debt	Long	USA
AXON Axon Enterprise, Inc.	9.63 mm	9.00 mm principal	0.88	Debt	Long	USA
MODG Topgolf Callaway Brands Corp.	9.60 mm	7.41 mm principal	0.88	Debt	Long	USA
DBX Dropbox, Inc.	9.48 mm	10.00 mm principal	0.87	Debt	Long	USA
FRPT Freshpet, Inc.	9.47 mm	8.00 mm principal	0.87	Debt	Long	USA
AORT Artivion, Inc.	9.45 mm	9.00 mm principal	0.86	Debt	Long	USA
ATEC Alphatec Holdings, Inc.	9.32 mm	8.00 mm principal	0.85	Debt	Long	USA
PSN Parsons Corporation	9.20 mm	8.00 mm principal	0.84	Debt	Long	USA
PRFT Perficient, Inc.	9.16 mm	11.11 mm principal	0.84	Debt	Long	USA
OMCL Omnicell, Inc.	9.15 mm	9.00 mm principal	0.84	Debt	Long	USA
IMAX IMAX Corporation	9.13 mm	9.94 mm principal	0.83	Debt	Long	Canada
CyberArk Software, Ltd.	9.10 mm	8.00 mm principal	0.83	Debt	Long	Israel
MLAB Mesa Laboratories, Inc.	8.96 mm	9.98 mm principal	0.82	Debt	Long	USA
LYV Live Nation Entertainment, Inc.	8.84 mm	8.00 mm principal	0.81	Debt	Long	USA
CBRL Cracker Barrel Old Country Store, Inc.	8.81 mm	10.34 mm principal	0.81	Debt	Long	USA
ZS Zscaler, Inc.	8.78 mm	7.50 mm principal	0.80	Debt	Long	USA
MODN Model N Inc	8.61 mm	7.00 mm principal	0.79	Debt	Long	USA
HALO Halozyme Therapeutics, Inc.	8.24 mm	9.00 mm principal	0.75	Debt	Long	USA
PI Impinj, Inc.	8.20 mm	7.55 mm principal	0.75	Debt	Long	USA
LRN Stride, Inc.	8.14 mm	8.47 mm principal	0.74	Debt	Long	USA
ECPG Encore Capital Group, Inc.	8.05 mm	8.25 mm principal	0.74	Debt	Long	USA
STEM Stem, Inc.	8.04 mm	8.00 mm principal	0.74	Debt	Long	USA
ITRI Itron, Inc.	8.03 mm	9.00 mm principal	0.73	Debt	Long	USA
PETQ PetIQ, Inc.	8.01 mm	8.65 mm principal	0.73	Debt	Long	USA
INDI indie Semiconductor, Inc.	7.86 mm	5.90 mm principal	0.72	Debt	Long	USA
ARAY Accuray Incorporated	7.84 mm	8.00 mm principal	0.72	Debt	Long	USA
VECO Veeco Instruments Inc.	7.81 mm	7.00 mm principal	0.71	Debt	Long	USA
FIVN Five9, Inc.	7.73 mm	8.00 mm principal	0.71	Debt	Long	USA
Jazz Investments I, Ltd.	7.66 mm	7.50 mm principal	0.70	Debt	Long	Bermuda
EXAS Exact Sciences Corporation	7.66 mm	7.10 mm principal	0.70	Debt	Long	USA
IRWD Ironwood Pharmaceuticals, Inc.	7.65 mm	7.57 mm principal	0.70	Debt	Long	USA
VRNT Verint Systems Inc.	7.64 mm	8.63 mm principal	0.70	Debt	Long	USA
GVA Granite Construction Incorporated	7.55 mm	7.00 mm principal	0.69	Debt	Long	USA
MIDD The Middleby Corporation	7.48 mm	6.00 mm principal	0.68	Debt	Long	USA
OIS Oil States International, Inc.	7.42 mm	7.00 mm principal	0.68	Debt	Long	USA
BE Bloom Energy Corporation	7.42 mm	6.50 mm principal	0.68	Debt	Long	USA
Camtek, Ltd./Israel	7.40 mm	8.27 mm principal	0.68	Debt	Long	Israel
XMTR Xometry, Inc.	7.19 mm	9.50 mm principal	0.66	Debt	Long	USA
INSM Insmed Incorporated	7.11 mm	8.43 mm principal	0.65	Debt	Long	USA
LCI Industries	6.98 mm	7.21 mm principal	0.64	Debt	Long	USA
ALRM Alarm.com Holdings, Inc.	6.95 mm	8.11 mm principal	0.64	Debt	Long	USA
CYRX Cryoport, Inc.	6.90 mm	8.62 mm principal	0.63	Debt	Long	USA
IART Integra LifeSciences Holdings Corporation	6.89 mm	7.50 mm principal	0.63	Debt	Long	USA
GPRO GoPro, Inc.	6.86 mm	7.73 mm principal	0.63	Debt	Long	USA
GWRE Guidewire Software, Inc.	6.78 mm	7.00 mm principal	0.62	Debt	Long	USA
IDCC InterDigital, Inc.	6.77 mm	5.00 mm principal	0.62	Debt	Long	USA
AYX Alteryx Inc - Ordinary Shares	6.76 mm	8.00 mm principal	0.62	Debt	Long	USA
LAZR Luminar Technologies, Inc.	6.74 mm	10.00 mm principal	0.62	Debt	Long	USA
IDCC InterDigital, Inc.	6.72 mm	5.54 mm principal	0.61	Debt	Long	USA
GES Guess', Inc.	6.70 mm	6.75 mm principal	0.61	Debt	Long	USA
FSLY Fastly, Inc.	6.64 mm	8.00 mm principal	0.61	Debt	Long	USA
BL BlackLine, Inc.	6.38 mm	7.50 mm principal	0.58	Debt	Long	USA
CNMD CONMED Corporation	6.35 mm	4.12 mm principal	0.58	Debt	Long	USA
VECO Veeco Instruments Inc.	6.31 mm	3.20 mm principal	0.58	Debt	Long	USA
EYE National Vision Holdings, Inc.	6.29 mm	6.00 mm principal	0.57	Debt	Long	USA
TTGT TechTarget, Inc.	6.28 mm	8.00 mm principal	0.57	Debt	Long	USA
CFLT Confluent, Inc.	6.26 mm	7.50 mm principal	0.57	Debt	Long	USA
ON ON Semiconductor Corporation	6.24 mm	5.50 mm principal	0.57	Debt	Long	USA
MP MP Materials Corp.	6.24 mm	7.00 mm principal	0.57	Debt	Long	USA
DOCN DigitalOcean Holdings, Inc.	6.04 mm	7.69 mm principal	0.55	Debt	Long	USA
NUVA Nuvasive Inc	5.78 mm	6.38 mm principal	0.53	Debt	Long	USA
ENV Envestnet, Inc.	5.71 mm	6.19 mm principal	0.52	Debt	Long	USA
VAC Marriott Vacations Worldwide Corporation	5.69 mm	6.00 mm principal	0.52	Debt	Long	USA
Magnite, Inc.	5.53 mm	6.50 mm principal	0.51	Debt	Long	USA
Royal Caribbean Cruises, Ltd.	5.51 mm	2.50 mm principal	0.50	Debt	Long	Liberia
CHEF The Chefs' Warehouse, Inc.	5.27 mm	5.00 mm principal	0.48	Debt	Long	USA
QTWO Q2 Holdings, Inc.	5.21 mm	6.00 mm principal	0.48	Debt	Long	USA
Fiverr International, Ltd.	5.08 mm	6.00 mm principal	0.46	Debt	Long	Israel
ENV Envestnet, Inc.	4.94 mm	4.69 mm principal	0.45	Debt	Long	USA
UPWK Upwork Inc.	4.89 mm	6.00 mm principal	0.45	Debt	Long	USA
NCL Corp., Ltd.	4.79 mm	5.18 mm principal	0.44	Debt	Long	Bermuda
BAND Bandwidth Inc.	4.70 mm	7.24 mm principal	0.43	Debt	Long	USA
PCRX Pacira BioSciences, Inc.	4.65 mm	5.00 mm principal	0.43	Debt	Long	USA
VERI Veritone, Inc.	4.58 mm	7.00 mm principal	0.42	Debt	Long	USA
CUTR Cutera, Inc.	4.54 mm	7.25 mm principal	0.42	Debt	Long	USA
SMART Global Holdings, Inc.	4.52 mm	3.00 mm principal	0.41	Debt	Long	Cayman Islands
CCL Carnival Corporation & plc	4.44 mm	2.66 mm principal	0.41	Debt	Long	Panama
Novocure, Ltd.	4.22 mm	4.86 mm principal	0.39	Debt	Long	Jersey
EVBG Everbridge Inc	4.15 mm	5.00 mm principal	0.38	Debt	Long	USA
U Unity Software Inc.	4.02 mm	5.00 mm principal	0.37	Debt	Long	USA
QTWO Q2 Holdings, Inc.	3.92 mm	4.50 mm principal	0.36	Debt	Long	USA
WOLF Wolfspeed, Inc.	3.86 mm	5.00 mm principal	0.35	Debt	Long	USA
CHGG Chegg, Inc.	3.77 mm	5.00 mm principal	0.34	Debt	Long	USA
EZPW EZCORP, Inc.	3.71 mm	3.75 mm principal	0.34	Debt	Long	USA
LPSN LivePerson, Inc.	3.25 mm	5.00 mm principal	0.30	Debt	Long	USA
LCID Lucid Group, Inc.	3.23 mm	5.00 mm principal	0.29	Debt	Long	USA
MODN Model N Inc	3.16 mm	3.00 mm principal	0.29	Debt	Long	USA
LITE Lumentum Holdings Inc.	3.12 mm	3.00 mm principal	0.28	Debt	Long	USA
BBIO BridgeBio Pharma, Inc.	3.09 mm	5.00 mm principal	0.28	Debt	Long	USA
CENX Century Aluminum Company	2.87 mm	3.70 mm principal	0.26	Debt	Long	USA
FSRNQ Fisker Inc.	2.53 mm	5.50 mm principal	0.23	Debt	Long	USA
BAND Bandwidth Inc.	2.37 mm	3.00 mm principal	0.22	Debt	Long	USA
MITK Mitek Systems, Inc.	2.15 mm	2.45 mm principal	0.20	Debt	Long	USA
SPCE Virgin Galactic Holdings, Inc.	2.08 mm	4.00 mm principal	0.19	Debt	Long	USA
NOVA Sunnova Energy International Inc.	2.05 mm	2.50 mm principal	0.19	Debt	Long	USA
BL BlackLine, Inc.	2.00 mm	2.00 mm principal	0.18	Debt	Long	USA
AYX Alteryx Inc - Ordinary Shares	1.97 mm	2.00 mm principal	0.18	Debt	Long	USA
ASND Ascendis Pharma A/S	1.89 mm	2.08 mm principal	0.17	Debt	Long	Denmark
CUTR Cutera, Inc.	1.74 mm	2.75 mm principal	0.16	Debt	Long	USA
KAMN Kaman Corp.	1.56 mm	1.61 mm principal	0.14	Debt	Long	USA
RDFN Redfin Corporation	1.38 mm	2.00 mm principal	0.13	Debt	Long	USA
PENN PENN Entertainment, Inc.	1.24 mm	1.00 mm principal	0.11	Debt	Long	USA
FARO FARO Technologies, Inc.	1.19 mm	1.50 mm principal	0.11	Debt	Long	USA
NCL Corp., Ltd.	1.19 mm	1.25 mm principal	0.11	Debt	Long	Bermuda
NOTV Inotiv, Inc.	1.03 mm	2.00 mm principal	0.09	Debt	Long	USA
GOSS Gossamer Bio, Inc.	615.84 k	2.00 mm principal	0.06	Debt	Long	USA
SDCCQ SmileDirectClub, Inc.	436.02 k	5.63 mm principal	0.04	Debt	Long	USA
CHGG Chegg, Inc.	-8.26 k	-930.00 shares	-0.00	Common equity	Short	USA
EVBG Everbridge Inc	-26.90 k	-1.00 k shares	-0.00	Common equity	Short	USA
KAMN Kaman Corp.	-34.06 k	-1.40 k shares	-0.00	Common equity	Short	USA
SDCCQ SmileDirectClub, Inc.	-40.81 k	-77.00 k shares	-0.00	Common equity	Short	USA
RDFN Redfin Corporation	-58.37 k	-4.70 k shares	-0.01	Common equity	Short	USA
FVRR Fiverr International Ltd.	-70.85 k	-2.72 k shares	-0.01	Common equity	Short	Israel
LPSN LivePerson, Inc.	-86.08 k	-19.04 k shares	-0.01	Common equity	Short	USA
GOSS Gossamer Bio, Inc.	-93.60 k	-78.00 k shares	-0.01	Common equity	Short	USA
U Unity Software Inc.	-97.96 k	-2.26 k shares	-0.01	Common equity	Short	USA
NOTV Inotiv, Inc.	-112.10 k	-23.50 k shares	-0.01	Common equity	Short	USA
Magnite, Inc.	-177.45 k	-13.00 k shares	-0.02	Common equity	Short	USA
UPWK Upwork Inc.	-199.38 k	-21.35 k shares	-0.02	Common equity	Short	USA
FSLY Fastly, Inc.	-207.60 k	-13.16 k shares	-0.02	Common equity	Short	USA
CYRX Cryoport, Inc.	-240.19 k	-13.92 k shares	-0.02	Common equity	Short	USA
FARO FARO Technologies, Inc.	-252.72 k	-15.60 k shares	-0.02	Common equity	Short	USA
BAND Bandwidth Inc.	-294.59 k	-21.53 k shares	-0.03	Common equity	Short	USA
VERI Veritone, Inc.	-298.15 k	-76.06 k shares	-0.03	Common equity	Short	USA
AYX Alteryx Inc - Ordinary Shares	-311.49 k	-6.86 k shares	-0.03	Common equity	Short	USA
NVCR NovoCure Limited	-327.85 k	-7.90 k shares	-0.03	Common equity	Short	Jersey
NUVA Nuvasive Inc	-415.90 k	-10.00 k shares	-0.04	Common equity	Short	USA
LCID Lucid Group, Inc.	-440.27 k	-63.90 k shares	-0.04	Common equity	Short	USA
DOCN DigitalOcean Holdings, Inc.	-475.82 k	-11.85 k shares	-0.04	Common equity	Short	USA
BBIO BridgeBio Pharma, Inc.	-556.42 k	-32.35 k shares	-0.05	Common equity	Short	USA
MITK Mitek Systems, Inc.	-639.56 k	-59.00 k shares	-0.06	Common equity	Short	USA
TTGT TechTarget, Inc.	-656.84 k	-21.10 k shares	-0.06	Common equity	Short	USA
ASND Ascendis Pharma A/S	-662.68 k	-7.43 k shares	-0.06	Common equity	Short	Denmark
CFLT Confluent, Inc.	-681.09 k	-19.29 k shares	-0.06	Common equity	Short	USA
PENN PENN Entertainment, Inc.	-752.14 k	-31.30 k shares	-0.07	Common equity	Short	USA
FSRNQ Fisker Inc.	-772.10 k	-136.90 k shares	-0.07	Common equity	Short	USA
ALRM Alarm.com Holdings, Inc.	-921.76 k	-17.84 k shares	-0.08	Common equity	Short	USA
NOVA Sunnova Energy International Inc.	-937.47 k	-51.20 k shares	-0.09	Common equity	Short	USA
SPCE Virgin Galactic Holdings, Inc.	-1.03 mm	-266.62 k shares	-0.09	Common equity	Short	USA
QTWO Q2 Holdings, Inc.	-1.10 mm	-35.47 k shares	-0.10	Common equity	Short	USA
GPRO GoPro, Inc.	-1.13 mm	-274.00 k shares	-0.10	Common equity	Short	USA
PCRX Pacira BioSciences, Inc.	-1.16 mm	-28.90 k shares	-0.11	Common equity	Short	USA
CENX Century Aluminum Company	-1.20 mm	-137.20 k shares	-0.11	Common equity	Short	USA
IART Integra LifeSciences Holdings Corporation	-1.27 mm	-30.83 k shares	-0.12	Common equity	Short	USA
BL BlackLine, Inc.	-1.39 mm	-25.77 k shares	-0.13	Common equity	Short	USA
FIVN Five9, Inc.	-1.44 mm	-17.45 k shares	-0.13	Common equity	Short	USA
PETQ PetIQ, Inc.	-1.45 mm	-95.70 k shares	-0.13	Common equity	Short	USA
MLAB Mesa Laboratories, Inc.	-1.49 mm	-11.60 k shares	-0.14	Common equity	Short	USA
WOLF Wolfspeed, Inc.	-1.50 mm	-27.03 k shares	-0.14	Common equity	Short	USA
GWRE Guidewire Software, Inc.	-1.56 mm	-20.57 k shares	-0.14	Common equity	Short	USA
PRFT Perficient, Inc.	-1.76 mm	-21.11 k shares	-0.16	Common equity	Short	USA
MP MP Materials Corp.	-1.79 mm	-78.33 k shares	-0.16	Common equity	Short	USA
CUTR Cutera, Inc.	-1.82 mm	-120.30 k shares	-0.17	Common equity	Short	USA
VRNT Verint Systems Inc.	-1.82 mm	-52.00 k shares	-0.17	Common equity	Short	USA
LAZR Luminar Technologies, Inc.	-1.85 mm	-269.40 k shares	-0.17	Common equity	Short	USA
ITRI Itron, Inc.	-1.99 mm	-27.60 k shares	-0.18	Common equity	Short	USA
EZPW EZCORP, Inc.	-2.08 mm	-248.50 k shares	-0.19	Common equity	Short	USA
ARAY Accuray Incorporated	-2.13 mm	-550.00 k shares	-0.19	Common equity	Short	USA
EYE National Vision Holdings, Inc.	-2.23 mm	-92.01 k shares	-0.20	Common equity	Short	USA
XMTR Xometry, Inc.	-2.25 mm	-106.04 k shares	-0.21	Common equity	Short	USA
IRWD Ironwood Pharmaceuticals, Inc.	-2.25 mm	-211.20 k shares	-0.21	Common equity	Short	USA
NCLH Norwegian Cruise Line Holdings Ltd.	-2.32 mm	-106.50 k shares	-0.21	Common equity	Short	Bermuda
CAMT Camtek Ltd.	-2.35 mm	-65.84 k shares	-0.21	Common equity	Short	Israel
VAC Marriott Vacations Worldwide Corporation	-2.37 mm	-19.31 k shares	-0.22	Common equity	Short	USA
CBRL Cracker Barrel Old Country Store, Inc.	-2.56 mm	-27.45 k shares	-0.23	Common equity	Short	USA
OIS Oil States International, Inc.	-2.57 mm	-343.53 k shares	-0.23	Common equity	Short	USA
DBX Dropbox, Inc.	-2.75 mm	-103.13 k shares	-0.25	Common equity	Short	USA
IMAX IMAX Corporation	-2.80 mm	-164.92 k shares	-0.26	Common equity	Short	Canada