BEEHX — The Beehive Fund
Data updated: 2024-11-18
BEEHX — The Beehive Fund. United States Large Cap Blend / Core Equity · $172.77M AUM · 0.99% expense ratio. Holdings, fees, performance and SEC filings.
BEEHX Fund Overview
BEEHX — The Beehive Fund is a US mutual fund managed by Forum Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Forum Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $172.77M
- 1-year return: 21.9%
- Ticker: BEEHX
- SEC CIK: 0000315774
- SEC series ID: S000023255
- Share class ID: C000068024
BEEHX Investment Objective and Strategy
The Beehive Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Forum Funds.
Investment objective
"The objective of The BeeHive Fund (the ""Fund"") is capital appreciation."
Principal investment strategy
"Under normal market conditions, the Fund primarily invests in equity securities of domestic companies with large and mid-sized market capitalizations. The Advisor de?nes (1) companies with large market capitalizations as those companies with market capitalizations of more than $5 billion and (2) companies with mid-sized market capitalizations as those companies with market capitalizations of at least $1 billion but not more than $5 billion. Equity securities include common and preferred stock, warrants, convertible securities and sponsored and unsponsored American Depositary Receipts (""ADRs""). The Fund may also invest in foreign securities and equity securities of domestic companies with small market capitalizations (de?ned by the Advisor as those companies with market capitalizations of less than $1 billion).
In addition, the Fund may invest in domestic ?xed-income securities, including high-yield securities (or ""junk bonds""). From time to time, the Fund's investments may be focused in certain issuers, industries or sectors. The Advisor seeks to generate superior long-term capital appreciation through a focused portfolio of companies that the Advisor believes to have dynamic businesses with leading and defensible market positions. The management philosophy of the Advisor emphasizes speci?c security selection rather than asset allocation. The Advisor looks for investments that it believes to offer favorable asymmetric expected-return pro?les over the coming three-year period and to possess catalysts to unlock value. The Advisor conducts proprietary fundamental research to develop an understanding of a business and its position within its industry.
In this process, the Advisor analyzes company ?lings and communicates with company management and industry analysts. The Advisor creates ?nancial models that consider multiple scenarios, including a reasonable worst-case scenario. Fund holdings are continuously monitored to seek to ensure that the initial rationale for investment remains. If it is determined that the initial reason for investment is no longer valid, the Advisor may sell the holding. A Fund holding may also be sold if the valuation exceeds a target, if valuation appears inconsistent with industry comparables or if other investments with higher expected returns become available."
BEEHX Holdings
Top 10 holdings of The Beehive Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 12.10% |
| Apple Inc | 6.33% |
| Oracle Corp | 5.90% |
| Thermo Fisher Scientific Inc | 5.05% |
| Chubb Ltd | 4.81% |
| Alphabet Inc | 4.73% |
| Alphabet Inc | 4.36% |
| Intercontinental Exchange Inc | 3.99% |
| JPMorgan Chase & Co | 3.86% |
| Mondelez International Inc | 3.49% |
BEEHX Portfolio Allocation
Asset-class allocation of The Beehive Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.1% |
| Cash & Equivalents | 0.9% |
BEEHX Performance
Total returns for BEEHX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 21.9% |
| 3 years (annualised) | 6.4% |
BEEHX Risk Information
Risk metrics for BEEHX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.5%
BEEHX Costs and Fees
BEEHX costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 0.99%
- Portfolio turnover: 6%
- Brokerage commissions: 0.34 bps of average net assets (SEC N-CEN)
BEEHX Cashflows
Over the 12 months to 2024-09, The Beehive Fund had net outflows of $6.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-09 | −$666.25K |
| 2024-08 | −$108.40K |
| 2024-07 | −$7.11K |
| 2024-06 | −$3.65M |
| 2024-05 | −$175.20K |
| 2024-04 | −$18.04K |
BEEHX Debt Constituents
No individual debt constituents are reported in The Beehive Fund's latest SEC N-PORT filing.
BEEHX Prospectus and SEC Filings
Official The Beehive Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-23
- Prospectus (485BPOS) — filed 2023-04-25
- Prospectus (485BPOS) — filed 2022-04-22
- Portfolio holdings (N-PORT) — filed 2024-11-18
- Portfolio holdings (N-PORT) — filed 2024-08-28
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Annual census (N-CEN) — filed 2024-03-13
- Annual census (N-CEN) — filed 2023-03-08
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.