ADTRAN Holdings, Inc.

NPORT-P false 0000315774 XXXXXXXX S000004564 C000012485 FORUM FUNDS 811-03023 0000315774 549300LXYEU14CHGAO13 THREE CANAL PLAZA, SUITE 600 PORTLAND 04101 207-347-2000 LISANTI SMALL CAP GROWTH FUND S000004564 254900NCP1SN2FGLBO94 2026-12-31 2026-03-31 N 13954291.42 27033.26 13927258.16 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N ADTRAN Holdings Inc 549300VV36J86CRRWF77 ADTRAN Holdings, Inc. 00486H105 15270.00000000 NS USD 192096.60000000 1.379285124129 Long EC CORP US N 1 N N N Advanced Energy Industries Inc 549300756XI3QLFT2U27 Advanced Energy Industries, Inc. 007973100 810.00000000 NS USD 261395.10000000 1.876859730731 Long EC CORP US N 1 N N N Alignment Healthcare Inc N/A Alignment Healthcare, Inc. 01625V104 4435.00000000 NS USD 78144.70000000 0.561091774865 Long EC CORP US N 1 N N N Allient Inc 549300I2LHAWYGNBPM97 Allient, Inc. 019330109 2120.00000000 NS USD 125270.80000000 0.899464909466 Long EC CORP US N 1 N N N Amprius Technologies Inc N/A Amprius Technologies, Inc. 03214Q108 11370.00000000 NS USD 191698.20000000 1.376424546724 Long EC CORP US N 1 N N N Apogee Therapeutics Inc N/A Apogee Therapeutics, Inc. 03770N101 1770.00000000 NS USD 148980.90000000 1.069707319907 Long EC CORP US N 1 N N N Argan Inc 529900E4KZWBV9KGBS83 Argan, Inc. 04010E109 355.00000000 NS USD 193350.75000000 1.388290127020 Long EC CORP US N 1 N N N Astronics Corp 549300NNXCF8H4MSMK17 Astronics Corp. 046433108 1715.00000000 NS USD 114441.95000000 0.821711988714 Long EC CORP US N 1 N N N Axogen Inc N/A Axogen, Inc. 05463X106 4620.00000000 NS USD 153060.60000000 1.099000235664 Long EC CORP US N 1 N N N Axsome Therapeutics Inc 549300EXGR0XLRJEIB95 Axsome Therapeutics, Inc. 05464T104 755.00000000 NS USD 127610.10000000 0.916261467504 Long EC CORP US N 1 N N N Boot Barn Holdings Inc 529900QE1BFMYA3N4E71 Boot Barn Holdings, Inc. 099406100 605.00000000 NS USD 88547.80000000 0.635787740722 Long EC CORP US N 1 N N N Bridgebio Pharma Inc 54930028YG89VTY2J114 Bridgebio Pharma, Inc. 10806X102 1425.00000000 NS USD 105820.50000000 0.759808562348 Long EC CORP US N 1 N N N BrightSpring Health Services I N/A BrightSpring Health Services, Inc. 10950A106 7890.00000000 NS USD 336192.90000000 2.413920214142 Long EC CORP US N 1 N N N CECO Environmental Corp 5493002CZCTL4HGLIY91 CECO Environmental Corp. 125141101 1390.00000000 NS USD 82816.20000000 0.594633911776 Long EC CORP US N 1 N N N Carpenter Technology Corp DX6I6ZD3X5WNNCDJKP85 Carpenter Technology Corp. 144285103 465.00000000 NS USD 183279.75000000 1.315978693684 Long EC CORP US N 1 N N N Cava Group Inc N/A Cava Group, Inc. 148929102 1695.00000000 NS USD 137125.50000000 0.984583601629 Long EC CORP US N 1 N N N Clear Secure Inc N/A Clear Secure, Inc. 18467V109 1130.00000000 NS USD 54703.30000000 0.392778674535 Long EC CORP US N 1 N N N Construction Partners Inc 549300MHLFL4E8JLZU44 Construction Partners, Inc. 21044C107 1350.00000000 NS USD 150012.00000000 1.077110787181 Long EC CORP US N 1 N N N Dianthus Therapeutics Inc 549300Z3N6ODPCOFC890 Dianthus Therapeutics, Inc. 252828108 345.00000000 NS USD 28952.40000000 0.207882985059 Long EC CORP US N 1 N N N DigitalOcean Holdings Inc 549300EPISPY3RE3DL21 DigitalOcean Holdings, Inc. 25402D102 2570.00000000 NS USD 220454.60000000 1.582900219607 Long EC CORP US N 1 N N N Dycom Industries Inc 549300F56EKTHQI3WT60 Dycom Industries, Inc. 267475101 570.00000000 NS USD 193127.40000000 1.386686437354 Long EC CORP US N 1 N N N Enova International Inc 549300O8XOCQSB49UO63 Enova International, Inc. 29357K103 750.00000000 NS USD 101872.50000000 0.731461274212 Long EC CORP US N 1 N N N Ensign Group Inc/The 5493003K4HEEA8Q0BC72 The Ensign Group, Inc. 29358P101 1035.00000000 NS USD 208552.50000000 1.497441187663 Long EC CORP US N 1 N N N ESCO Technologies Inc 5493007JJLP5MEWVDH10 ESCO Technologies, Inc. 296315104 155.00000000 NS USD 43612.35000000 0.313143832755 Long EC CORP US N 1 N N N Figs Inc N/A Figs, Inc. 30260D103 4635.00000000 NS USD 68458.95000000 0.491546499774 Long EC CORP US N 1 N N N Firefly Aerospace Inc 529900JPYLDP30163X55 Firefly Aerospace, Inc. 31816X106 3125.00000000 NS USD 88968.75000000 0.638810230828 Long EC CORP US N 1 N N N N/A N/A First American Treasury Obligations Fund 31846V328 637629.54000000 NS USD 637629.54000000 4.578284775615 Long STIV RF US N 1 N N N FirstCash Holdings Inc N/A FirstCash Holdings, Inc. 33768G107 765.00000000 NS USD 143820.00000000 1.032651210652 Long EC CORP US N 1 N N N Five Below Inc 529900AAXP5Z6BGI7418 Five Below, Inc. 33829M101 835.00000000 NS USD 190780.80000000 1.369837464117 Long EC CORP US N 1 N N N FormFactor Inc 549300YCEEO6SZD1ZR61 FormFactor, Inc. 346375108 990.00000000 NS USD 96020.10000000 0.689440081435 Long EC CORP US N 1 N N N Freshpet Inc 549300S4ZK8ZQ6HNPN59 Freshpet, Inc. 358039105 1865.00000000 NS USD 109960.40000000 0.789533723987 Long EC CORP US N 1 N N N Guardian Pharmacy Services Inc N/A Guardian Pharmacy Services, Inc. 40145W101 7325.00000000 NS USD 275859.50000000 1.980716497323 Long EC CORP US N 1 N N N Halozyme Therapeutics Inc 529900242I3SV9AGM753 Halozyme Therapeutics, Inc. 40637H109 1880.00000000 NS USD 121504.40000000 0.872421539143 Long EC CORP US N 1 N N N Healthcare Services Group Inc 529900GVZ1D2FBYMS719 Healthcare Services Group, Inc. 421906108 5875.00000000 NS USD 108981.25000000 0.782503266242 Long EC CORP US N 1 N N N HeartFlow Inc N/A HeartFlow, Inc. 42238D107 3885.00000000 NS USD 94522.05000000 0.678683836503 Long EC CORP US N 1 N N N Hinge Health Inc N/A Hinge Health, Inc. 433313103 1465.00000000 NS USD 56490.40000000 0.405610345920 Long EC CORP US N 1 N N N Installed Building Products In 549300I95Y9P9YM5FI86 Installed Building Products, Inc. 45780R101 340.00000000 NS USD 90151.00000000 0.647298979916 Long EC CORP US N 1 N N N Ionis Pharmaceuticals Inc 549300SI4ZGLG0BLUZ92 Ionis Pharmaceuticals, Inc. 462222100 2465.00000000 NS USD 185096.85000000 1.329025769994 Long EC CORP US N 1 N N N JBT Marel Corp 5493007CT6ATBZ2L6826 JBT Marel Corp. 477839104 539.00000000 NS USD 68921.93000000 0.494870772180 Long EC CORP US N 1 N N N Karman Holdings Inc N/A Karman Holdings, Inc. 485924104 2575.00000000 NS USD 206128.75000000 1.480038264760 Long EC CORP US N 1 N N N Klaviyo Inc N/A Klaviyo, Inc. 49845K101 7525.00000000 NS USD 146436.50000000 1.051438110198 Long EC CORP US N 1 N N N Knight-Swift Transportation Ho N/A Knight-Swift Transportation Holdings, Inc. 499049104 5440.00000000 NS USD 313235.20000000 2.249080159220 Long EC CORP US N 1 N N N Kratos Defense & Security Solu 5493000EKBN0UY1F3F88 Kratos Defense & Security Solutions, Inc. 50077B207 2165.00000000 NS USD 152654.15000000 1.096081857938 Long EC CORP US N 1 N N N Krystal Biotech Inc 549300YONUY68210OE41 Krystal Biotech, Inc. 501147102 625.00000000 NS USD 161450.00000000 1.159237504936 Long EC CORP US N 1 N N N Lattice Semiconductor Corp 549300LRBBPZDQ2II567 Lattice Semiconductor Corp. 518415104 1985.00000000 NS USD 184128.60000000 1.322073576038 Long EC CORP US N 1 N N N Ligand Pharmaceuticals Inc 5493008K7TB0IKP37H79 Ligand Pharmaceuticals, Inc. 53220K504 1285.00000000 NS USD 256550.25000000 1.842072912361 Long EC CORP US N 1 N N N MKS Inc 549300KEQATBHAGVF505 MKS, Inc. 55306N104 690.00000000 NS USD 158568.90000000 1.138550733951 Long EC CORP US N 1 N N N MACOM Technology Solutions Hol N/A MACOM Technology Solutions Holdings, Inc. 55405Y100 335.00000000 NS USD 74393.45000000 0.534157184029 Long EC CORP US N 1 N N N Magnite Inc 54930018FR2YX1HHSB02 Magnite, Inc. 55955D100 10415.00000000 NS USD 123730.20000000 0.888403148549 Long EC CORP US N 1 N N N MasTec Inc 549300TMDIT8WREDOF45 MasTec, Inc. 576323109 765.00000000 NS USD 246131.10000000 1.767261704869 Long EC CORP US N 1 N N N Matador Resources Co 549300CI3Q2UUK5R4G79 Matador Resources Co. 576485205 5060.00000000 NS USD 319690.80000000 2.295432427024 Long EC CORP US N 1 N N N Mercury Systems Inc 549300P3B84SGK7HH679 Mercury Systems, Inc. 589378108 2445.00000000 NS USD 178264.95000000 1.279971606414 Long EC CORP US N 1 N N N Mirum Pharmaceuticals Inc 254900YZKR40F7F27K81 Mirum Pharmaceuticals, Inc. 604749101 1480.00000000 NS USD 136722.40000000 0.981689277453 Long EC CORP US N 1 N N N Modine Manufacturing Co Z35SZFYJR8GZZRSIUU09 Modine Manufacturing Co. 607828100 1275.00000000 NS USD 276305.25000000 1.983917055501 Long EC CORP US N 1 N N N National Vision Holdings Inc 549300JHURCBLI5ROA42 National Vision Holdings, Inc. 63845R107 7550.00000000 NS USD 195545.00000000 1.404045202246 Long EC CORP US N 1 N N N Nextpower Inc N/A Nextpower, Inc. 65290E101 1675.00000000 NS USD 201921.25000000 1.449827724023 Long EC CORP US N 1 N N N nLight Inc N/A nLight, Inc. 65487K100 3600.00000000 NS USD 205272.00000000 1.473886659109 Long EC CORP US N 1 N N N Ollie's Bargain Outlet Holding 529900YO5DSQCPEFDZ05 Ollie's Bargain Outlet Holdings, Inc. 681116109 1270.00000000 NS USD 116890.80000000 0.839295133737 Long EC CORP US N 1 N N N Onto Innovation Inc 254900RXZVN73CHOO062 Onto Innovation, Inc. 683344105 680.00000000 NS USD 139447.60000000 1.001256660844 Long EC CORP US N 1 N N N PDF Solutions Inc 549300GMSP6MROFBI160 PDF Solutions, Inc. 693282105 3680.00000000 NS USD 120372.80000000 0.864296465371 Long EC CORP US N 1 N N N Palvella Therapeutics Inc 254900AJDH8PAOOI5T33 Palvella Therapeutics, Inc. 697947109 1580.00000000 NS USD 196947.00000000 1.414111792410 Long EC CORP US N 1 N N N Patrick Industries Inc 549300FZ5ZTCCJ3Z5W14 Patrick Industries, Inc. 703343103 735.00000000 NS USD 81636.45000000 0.586163113099 Long EC CORP US N 1 N N N Patterson-UTI Energy Inc 254900XGFBKIXD6G0697 Patterson-UTI Energy, Inc. 703481101 36530.00000000 NS USD 395619.90000000 2.840615830158 Long EC CORP US N 1 N N N Planet Labs PBC 254900Q7PVI3HTQBRB44 Planet Labs PBC 72703X106 7180.00000000 NS USD 200681.00000000 1.440922525414 Long EC CORP US N 1 N N N Powell Industries Inc 549300V08RO7MX2UBN26 Powell Industries, Inc. 739128106 130.00000000 NS USD 70340.40000000 0.505055619648 Long EC CORP US N 1 N N N ProPetro Holding Corp N/A ProPetro Holding Corp. 74347M108 9045.00000000 NS USD 130338.45000000 0.935851468412 Long EC CORP US N 1 N N N RBC Bearings Inc N/A RBC Bearings, Inc. 75524B104 515.00000000 NS USD 279706.80000000 2.008340742927 Long EC CORP US N 1 N N N Semtech Corp 549300J7WUY317SW6O61 Semtech Corp. 816850101 1030.00000000 NS USD 79196.70000000 0.568645307570 Long EC CORP US N 1 N N N Shake Shack Inc 529900J74GJAHYP80N79 Shake Shack, Inc. 819047101 1055.00000000 NS USD 93335.85000000 0.670166725767 Long EC CORP US N 1 N N N Silicon Motion Technology Corp 5299005RBVBZQJTYFC89 Silicon Motion Technology Corp. 82706C108 1140.00000000 NS USD 128010.60000000 0.919137123254 Long EC CORP KY N 1 N N N SiteOne Landscape Supply Inc 5299008LX7SBD4HIAU03 SiteOne Landscape Supply, Inc. 82982L103 1320.00000000 NS USD 175705.20000000 1.261592181184 Long EC CORP US N 1 N N N SiTime Corp N/A SiTime Corp. 82982T106 400.00000000 NS USD 138140.00000000 0.991867878178 Long EC CORP US N 1 N N N Solaris Energy Infrastructure 529900MTK3C8Y8TIIC10 Solaris Energy Infrastructure, Inc. 83418M103 3955.00000000 NS USD 223497.05000000 1.604745510081 Long EC CORP US N 1 N N N Sterling Infrastructure Inc 549300RZIK6K1215XU51 Sterling Infrastructure, Inc. 859241101 605.00000000 NS USD 246398.35000000 1.769180603743 Long EC CORP US N 1 N N N TTM Technologies Inc 549300SC4BDOIS008048 TTM Technologies, Inc. 87305R109 1570.00000000 NS USD 152949.40000000 1.098201801408 Long EC CORP US N 1 N N N Tandem Diabetes Care Inc 549300JEPFOD0K4D3I05 Tandem Diabetes Care, Inc. 875372203 5335.00000000 NS USD 102271.95000000 0.734329390789 Long EC CORP US N 1 N N N Tarsus Pharmaceuticals Inc N/A Tarsus Pharmaceuticals, Inc. 87650L103 1175.00000000 NS USD 82426.25000000 0.591834006759 Long EC CORP US N 1 N N N Travere Therapeutics Inc N/A Travere Therapeutics, Inc. 89422G107 1630.00000000 NS USD 48427.30000000 0.347715964216 Long EC CORP US N 1 N N N Ultra Clean Holdings Inc 5493007L6LS7QX18PE75 Ultra Clean Holdings, Inc. 90385V107 3035.00000000 NS USD 188716.30000000 1.355014015192 Long EC CORP US N 1 N N N Universal Technical Institute 2549003YOJGAZ0PVFV48 Universal Technical Institute, Inc. 913915104 3730.00000000 NS USD 134653.00000000 0.966830645724 Long EC CORP US N 1 N N N VSE Corp 549300QWJYQDH4U5XI15 VSE Corp. 918284100 765.00000000 NS USD 141066.00000000 1.012877038534 Long EC CORP US N 1 N N N Viavi Solutions Inc 5493006K3E3N1QOBF092 Viavi Solutions, Inc. 925550105 2135.00000000 NS USD 71052.80000000 0.510170768601 Long EC CORP US N 1 N N N Warby Parker Inc N/A Warby Parker, Inc. 93403J106 2875.00000000 NS USD 60576.25000000 0.434947419686 Long EC CORP US N 1 N N N Waystar Holding Corp 529900QJLKXDYU36MH89 Waystar Holding Corp. 946784105 5835.00000000 NS USD 140681.85000000 1.010118778468 Long EC CORP US N 1 N N N Zeta Global Holdings Corp 2549008P9XSJQHGQ9S27 Zeta Global Holdings Corp. 98956A105 3825.00000000 NS USD 60894.00000000 0.437228916850 Long EC CORP US N 1 N N N Fabrinet 5493004TETZ6IYF7CV44 Fabrinet G3323L100 415.00000000 NS USD 216430.80000000 1.554008675028 Long EC CORP KY N 1 N N N Weatherford International PLC 529900LPBDSCQDJKHQ39 Weatherford International PLC G48833118 840.00000000 NS USD 79447.20000000 0.570443938694 Long EC CORP IE N 1 N N N Kiniksa Pharmaceuticals Intern N/A Kiniksa Pharmaceuticals International PLC G52694109 920.00000000 NS USD 44298.00000000 0.318066912317 Long EC CORP GB N 1 N N N JFrog Ltd 2549002N8E00AY49G567 JFrog, Ltd. M6191J100 3785.00000000 NS USD 177630.05000000 1.275412920183 Long EC CORP IL N 1 N N N 2026-05-06 Forum Funds /s/ Karen Shaw Karen Shaw Treasurer XXXX