# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001145549-23-006788
**Filing Date:** 2023-2
**Character Count:** 24552
**Document Hash:** d22bc4142c1ec2a661fe8bb5ae9d4d65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006788.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001145549-23-006788

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 23640844

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 626-914-4141

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Trust
- **DATE OF NAME CHANGE:** 20050603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Equity Trust
- **DATE OF NAME CHANGE:** 20050218

## Series and Classes Contracts Data

### WCM Small Cap Growth Fund (Series ID: S000066862)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000215235 | Institutional Class Shares | WCMLX           |
| C000215236 | Investor Class Shares      | WCMNX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** INVESTMENT MANAGERS SERIES TRUST

- **b. Investment Company Act file number:** 811-21719

- **c. CIK number of Registrant:** 0001318342

- **d. LEI of Registrant:** 549300ESWU4ZNAH5Y054

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

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

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

- **a. Name of Series:** WCM Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000066862

- **c. LEI of Series:** 549300GG92NXXS2KYK78

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $33830822.03

**Total Liabilities:** $99589.45

**Net Assets:** $33731232.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215235 | 7.68%                | 4.50%                | -4.32%               |
| Class ID C000215236 | 7.74%                | 4.54%                | -4.44%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $937.06                  | $2579375.16                                |
| Month 2  | $-623925.79              | $2182350.04                                |
| Month 3  | $-82017.81               | $-1419682.71                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACI Worldwide Inc               | ACI Worldwide, Inc.                       | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     22373 | NS      | $514579.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp                | AdaptHealth Corp.                         | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31196 | NS      | $599587.12    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc   | Arrowhead Pharmaceuticals, Inc.           | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |      8468 | NS      | $343462.08    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure Inc                    | AtriCure, Inc.                            | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9526 | NS      | $422763.88    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                     | Avient Corp.                              | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     16626 | NS      | $561293.76    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc             | Axon Enterprise, Inc.                     | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      3758 | NS      | $623564.94    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc         | Axsome Therapeutics, Inc.                 | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |      4731 | NS      | $364902.03    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                      | Azenta, Inc.                              | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     10029 | NS      | $583888.38    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc            | Bridgebio Pharma, Inc.                    | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     18238 | NS      | $138973.56    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bill.com Holdings Inc           | Bill.com Holdings, Inc.                   | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |      5409 | NS      | $589364.64    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc          | Boot Barn Holdings, Inc.                  | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      9182 | NS      | $574058.64    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc      | Casey's General Stores, Inc.              | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      3029 | NS      | $679556.15    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarus Corp                     | Clarus Corp.                              | CUSIP: 18270P109<br>LEI: 549300PKSLI6PT0ULL72 | Long             | EC               | CORP              | US        |     30493 | NS      | $239065.12    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort Inc                    | CryoPort, Inc.                            | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |     14182 | NS      | $246057.70    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc       | Caesars Entertainment, Inc.               | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |     13496 | NS      | $561433.60    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc           | Euronet Worldwide, Inc.                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      5828 | NS      | $550046.64    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fate Therapeutics Inc           | Fate Therapeutics, Inc.                   | CUSIP: 31189P102<br>LEI: 549300L14Q4UHOODLA90 | Long             | EC               | CORP              | US        |      9749 | NS      | $98367.41     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                  | Five Below, Inc.                          | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      3744 | NS      | $662201.28    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc                       | Five9, Inc.                               | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |     12479 | NS      | $846824.94    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc             | Shift4 Payments, Inc. - Class A           | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11927 | NS      | $667077.11    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp        | Fox Factory Holding Corp.                 | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |      6195 | NS      | $565169.85    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Catalyst Inc             | Health Catalyst, Inc.                     | CUSIP: 42225T107<br>LEI: 549300223PL6GWKVJG92 | Long             | EC               | CORP              | US        |     29774 | NS      | $316497.62    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                         | IAC, Inc.                                 | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     11876 | NS      | $527294.40    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                      | Insmed, Inc.                              | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     14066 | NS      | $281038.68    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| John Bean Technologies Corp     | John Bean Technologies Corp.              | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |      5701 | NS      | $520672.33    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Keros Therapeutics Inc          | Keros Therapeutics, Inc.                  | CUSIP: 492327101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4129 | NS      | $198274.58    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp    | Topgolf Callaway Brands Corp.             | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |     28199 | NS      | $556930.25    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc             | Mercury Systems, Inc.                     | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     12866 | NS      | $575624.84    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co            | Matador Resources Co.                     | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     11301 | NS      | $646869.24    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Hol  | MACOM Technology Solutions Holdings, Inc. | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10156 | NS      | $639624.88    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp                   | Ingevity Corp.                            | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |      8648 | NS      | $609165.12    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NanoString Technologies Inc     | NanoString Technologies, Inc.             | CUSIP: 63009R109<br>LEI: 549300G4CK0Y3WRDMY89 | Long             | EC               | CORP              | US        |     24280 | NS      | $193511.60    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                      | Natera, Inc.                              | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6846 | NS      | $275003.82    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NuVasive Inc                    | NuVasive, Inc.                            | CUSIP: 670704105<br>LEI: 549300C5ZB4NZ6TWM881 | Long             | EC               | CORP              | US        |     12588 | NS      | $519129.12    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc        | Procore Technologies, Inc.                | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     10247 | NS      | $483453.46    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                    | Penumbra, Inc.                            | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      3131 | NS      | $696522.26    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co       | Performance Food Group Co.                | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     13720 | NS      | $801110.80    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc              | Planet Fitness, Inc. - Class A            | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     10749 | NS      | $847021.20    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners In  | Pinnacle Financial Partners, Inc.         | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      7870 | NS      | $577658.00    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc          | Power Integrations, Inc.                  | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |      6779 | NS      | $486189.88    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp          | Permian Resources Corp.                   | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     38915 | NS      | $365801.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                   | Primerica, Inc.                           | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      5280 | NS      | $748809.60    | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical Inc   | Ultragenyx Pharmaceutical, Inc.           | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |      4575 | NS      | $211959.75    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Pharmaceuticals Inc      | Rocket Pharmaceuticals, Inc.              | CUSIP: 77313F106<br>LEI: 549300R7VV82YUIN4Y93 | Long             | EC               | CORP              | US        |     13091 | NS      | $256190.87    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc   | Rexford Industrial Realty, Inc. - REIT    | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             |  | CORP              | US        |     10679 | NS      | $583500.56    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                   | Repligen Corp.                            | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |      2555 | NS      | $432587.05    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                        | Saia, Inc.                                | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      3213 | NS      | $673701.84    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications Internati  | Science Applications International Corp.  | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      5002 | NS      | $554871.86    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Partners Inc            | Surgery Partners, Inc.                    | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     18413 | NS      | $512986.18    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartsheet Inc                  | Smartsheet, Inc. - Class A                | CUSIP: 83200N103<br>LEI: 549300N9WF42OK9VL589 | Long             | EC               | CORP              | US        |     17868 | NS      | $703284.48    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB MONEY MARKET II SPECIAL   / | UMB MONEY MARKET II SPECIAL   /           | CUSIP: SF8888628<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    725715 | PA      | $725714.77    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                | SPS Commerce, Inc.                        | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      5114 | NS      | $656791.02    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc               | Sprout Social, Inc.                       | CUSIP: 85209W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9192 | NS      | $518980.32    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Shockwave Medical Inc           | Shockwave Medical, Inc.                   | CUSIP: 82489T104<br>LEI: 549300LDXO56IC5Y1538 | Long             | EC               | CORP              | US        |      2415 | NS      | $496548.15    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                   | Timken Co.                                | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      8640 | NS      | $610588.80    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care Inc        | Tandem Diabetes Care, Inc.                | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Long             | EC               | CORP              | US        |      7611 | NS      | $342114.45    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                     | Trex Co., Inc.                            | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13585 | NS      | $575053.05    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                  | Tetra Tech, Inc.                          | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |      5109 | NS      | $741775.71    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc             | Texas Roadhouse, Inc.                     | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      6631 | NS      | $603089.45    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc              | UFP Industries, Inc.                      | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |      8492 | NS      | $672991.00    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                         | WEX, Inc.                                 | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      4630 | NS      | $757699.50    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                    | Wingstop, Inc.                            | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      4914 | NS      | $676264.68    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd                | WNS Holdings Ltd. - ADR                   | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             |  | CORP              | IN        |      7635 | NS      | $610723.65    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Mobile Mini Holdings   | WillScot Mobile Mini Holdings Corp.       | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     16029 | NS      | $724029.93    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-20

**Name of Applicant:** INVESTMENT MANAGERS SERIES TRUST

**Signature:** /s/ Terrance P. Gallagher

**Name of Signer:** Terrance P. Gallagher

**Title:** Assistant Vice President