# EDGAR Filing Document

**Accession Number:** 0000882443
**File Stem:** 0000940400-25-003014
**Filing Date:** 2025-9
**Character Count:** 19289
**Document Hash:** 28ba4e688c29080a4632aa77cfd64e1f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-003014.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000940400-25-003014

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG Funds I
- **CENTRAL INDEX KEY:** 0000882443

**ORGANIZATION NAME:**
- **EIN:** 561773580
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06520
- **FILM NUMBER:** 251353062

**BUSINESS ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 2032993500

**MAIL ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGERS TRUST I
- **DATE OF NAME CHANGE:** 20000801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BREEDEN TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### AMG River Road Large Cap Value Select Fund (Series ID: S000009909)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027420 | Class N      | FQUAX           |
| C000027422 | Class I      | MEQFX           |

## Nport-Ex

AMG River Road Large Cap Value Select Fund

Schedule of Portfolio Investments *(unaudited)*

July 31, 2025

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Common Stocks - 99.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 16.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Lennar Corp., Class A | &nbsp;&nbsp;10661 | &nbsp;&nbsp;&nbsp;$1195951 |
| &nbsp;&nbsp;&nbsp;Lululemon Athletica, Inc. (Canada)<sup>\*</sup> | &nbsp;&nbsp;&nbsp;4021 | &nbsp;&nbsp;&nbsp;&nbsp;806331 |
| &nbsp;&nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton SE, ADR (France) | &nbsp;&nbsp;13279 | &nbsp;&nbsp;&nbsp;1429086 |
| &nbsp;&nbsp;&nbsp;Restaurant Brands International, Inc. (Canada) | 29087 | &nbsp;&nbsp;&nbsp;&nbsp;1973844 |
| &nbsp;&nbsp;&nbsp;Starbucks Corp. | 29084 | &nbsp;&nbsp;&nbsp;2593129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;&nbsp;7998341 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 7.7%** |  |  |
| &nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;26722 | &nbsp;&nbsp;&nbsp;2829860 |
| &nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;1679 | &nbsp;&nbsp;&nbsp;&nbsp;873298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;&nbsp;3703158 |
| &nbsp;&nbsp;&nbsp;**Financials - 29.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Class B<sup>\*</sup> | &nbsp;&nbsp;&nbsp;7321 | &nbsp;&nbsp;&nbsp;3454633 |
| &nbsp;&nbsp;&nbsp;Brookfield Corp. (Canada) | 26959 | &nbsp;&nbsp;&nbsp;&nbsp;1807601 |
| &nbsp;&nbsp;&nbsp;Fairfax Financial Holdings, Ltd. (Canada) | &nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;1307630 |
| &nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | &nbsp;&nbsp;28148 | &nbsp;&nbsp;&nbsp;2235233 |
| &nbsp;&nbsp;&nbsp;KKR & Co., Inc. | &nbsp;&nbsp;15100 | &nbsp;&nbsp;&nbsp;&nbsp;2213358 |
| &nbsp;&nbsp;&nbsp;Willis Towers Watson PLC (United Kingdom) | &nbsp;&nbsp;&nbsp;9351 | &nbsp;&nbsp;&nbsp;2953139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;13971594 |
| &nbsp;&nbsp;&nbsp;**Health Care - 11.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Becton Dickinson & Co. | &nbsp;&nbsp;&nbsp;8790 | &nbsp;&nbsp;&nbsp;&nbsp;1566817 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc. | 32636 | &nbsp;&nbsp;&nbsp;2327600 |
| &nbsp;&nbsp;&nbsp;Labcorp Holdings, Inc. | &nbsp;&nbsp;&nbsp;7098 | &nbsp;&nbsp;&nbsp;1846048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Health Care |  | &nbsp;&nbsp;&nbsp;5740465 |
| &nbsp;&nbsp;&nbsp;**Industrials - 17.9%** |  |  |
| &nbsp;&nbsp;&nbsp;AerCap Holdings, N.V. (Ireland) | &nbsp;&nbsp;13049 | &nbsp;&nbsp;&nbsp;1399505 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;CACI International, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4115 | &nbsp;&nbsp;$1895245 |
| &nbsp;&nbsp;&nbsp;Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;5308 | &nbsp;&nbsp;&nbsp;&nbsp;1882801 |
| &nbsp;&nbsp;&nbsp;CSX Corp. | 52074 | &nbsp;&nbsp;&nbsp;&nbsp;1850710 |
| &nbsp;&nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp;3086 | &nbsp;&nbsp;&nbsp;&nbsp;1618206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;&nbsp;8646467 |
| &nbsp;&nbsp;&nbsp;**Materials - 10.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Amrize, Ltd.<sup>\*</sup> | 34432 | &nbsp;&nbsp;&nbsp;&nbsp;1760164 |
| &nbsp;&nbsp;&nbsp;CRH PLC | 36564 | &nbsp;&nbsp;&nbsp;3490034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Materials |  | &nbsp;&nbsp;&nbsp;5250198 |
| &nbsp;&nbsp;&nbsp;**Real Estate - 3.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc., REIT | &nbsp;&nbsp;12998 | &nbsp;&nbsp;&nbsp;&nbsp;1851305 |
| &nbsp;&nbsp;&nbsp;**Utilities - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Talen Energy Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;1563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590142 |
| **Total Common Stocks<br> (Cost $43,918,022)** |  | &nbsp;&nbsp;&nbsp;47751670 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount |  |
| **Short-Term Investments - 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Repurchase Agreements - 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Fixed Income Clearing Corp., dated 07/31/25, due 08/01/25, 4.100% total to be received $1,514,172 (collateralized by a U.S. Treasury Note, 3.375%, 09/15/27, totaling $1,544,323) | $1514000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1514000 |
| **Total Short-Term Investments<br> (Cost $1,514,000)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1514000 |
| **Total Investments - 102.2%<br> (Cost $45,432,022)** |  | &nbsp;&nbsp;&nbsp;&nbsp; 49265670 |
| **Other Assets, less Liabilities - (2.2)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1037672) |
| **Net Assets - 100.0%** |  | &nbsp;&nbsp;**$48227998** |

---

------

<sup>\*</sup> Non-income producing security.

ADR American Depositary Receipt

REIT Real Estate Investment Trust

------

AMG River Road Large Cap Value Select Fund

Schedule of Portfolio Investments *(continued)*

The following table summarizes the inputs used to value the Fund's investments by the fair value hierarchy levels as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** |
| &nbsp;&nbsp;&nbsp;**Common Stocks<sup>†</sup>** | &nbsp;&nbsp; $47751670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $47751670 |
| &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; $1514000 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1514000 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;$47751670 | &nbsp;&nbsp;$1514000 | &nbsp;&nbsp;— | &nbsp;&nbsp;$49265670 |

---

<br> <sup>†</sup> All common stocks held in the Fund are Level 1 securities. For a detailed breakout of common stocks by major industry classification, please refer to the Fund's Schedule of Portfolio Investments.

For the period ended July 31, 2025, there were no transfers in or out of Level 3.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund's most recent semi or annual report.

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** AMG Funds I

- **b. Investment Company Act file number:** 811-06520

- **c. CIK number of Registrant:** 0000882443

- **d. LEI of Registrant:** 549300SY4O1O812XWI71

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 680 Washington Blvd.

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

  - **Telephone number:** 800-548-4539

**Item A.2. Information about the Series.**

- **a. Name of Series:** AMG River Road Large Cap Value Select Fund

- **b. EDGAR series identifier (if any):** S000009909

- **c. LEI of Series:** 5493008W83PMRE6RB570

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $49325687.22

**Total Liabilities:** $74344.93

**Net Assets:** $49251342.29

**Cash Not Reported:** $19274.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000027420 | 1.14%                | 1.62%                | 0.05%                |
| Class ID C000027422 | 1.23%                | 1.61%                | 0.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $580458.92               | $-13910.66                                 |
| Month 2  | $758048.97               | $-4133.75                                  |
| Month 3  | $-235680.24              | $289795.65                                 |

### Schedule of Portfolio Investments

| Name                              | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Lennar Corp                       | Lennar Corp                                | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     10661 | NS      | $1195950.98   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc    | GE HealthCare Technologies Inc             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     32636 | NS      | $2327599.52   | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                          | CSX Corp                                   | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     52074 | NS      | $1850709.96   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit    | Mid-America Apartment Communities Inc      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     12998 | NS      | $1851305.14   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Holdings NV                | AerCap Holdings NV                         | CUSIP: 000000000<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | IE        |     13049 | NS      | $1399505.25   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt    | LVMH Moet Hennessy Louis Vuitton SE        | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     13279 | NS      | $1429085.98   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                   | Brookfield Corp                            | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     26959 | NS      | $1807600.95   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                 | Talen Energy Corp                          | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1563 | NS      | $590141.91    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                      | KKR & Co Inc                               | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     15100 | NS      | $2213358.00   | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                    | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     29084 | NS      | $2593129.44   | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information     | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     28148 | NS      | $2235232.68   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc        | Casey's General Stores Inc                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1679 | NS      | $873298.27    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I    | BJ's Wholesale Club Holdings Inc           | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     26722 | NS      | $2829859.80   | 5.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                  | Carlisle Cos Inc                           | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      5308 | NS      | $1882800.68   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co             | Becton Dickinson & Co                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      8790 | NS      | $1566817.50   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                           | CRH PLC                                    | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | US        |     36564 | NS      | $3490033.80   | 7.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc              | Labcorp Holdings Inc                       | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7098 | NS      | $1846047.84   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| FIXED INCOME CLEARING CORPORATION | FICC                                       | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   1514000 | PA      | $1514000.00   | 3.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc           | Lululemon Athletica Inc                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |      4021 | NS      | $806331.13    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands Internationa    | Restaurant Brands International Inc        | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |     29087 | NS      | $1973843.82   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd    | Fairfax Financial Holdings Ltd             | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |       737 | NS      | $1307629.62   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc            | CACI International Inc                     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      4115 | NS      | $1895245.55   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC          | Willis Towers Watson PLC                   | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |      9351 | NS      | $2953139.31   | 6.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                        | Deere & Co                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      3086 | NS      | $1618205.82   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd                        | Amrize Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34432 | NS      | $1760163.84   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc            | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      7321 | NS      | $3454633.48   | 7.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** AMG Funds I

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer