# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001193125-26-066415
**Filing Date:** 2026-2
**Character Count:** 23926
**Document Hash:** 6ddb329ff4dc661ab7fe0f408ecac04e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-066415.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001193125-26-066415

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 26670019

**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 Focused Emerging Markets Fund (Series ID: S000041213)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000127811 | Institutional Class | WCMEX           |
| C000127812 | Investor Class      | WFEMX           |

## 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 Focused Emerging Markets Fund

- **b. EDGAR series identifier (if any):** S000041213

- **c. LEI of Series:** 5493004PSCRWO0N8YL71

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $901719679.54

**Total Liabilities:** $7288263.54

**Net Assets:** $894431416.00

**Cash Not Reported:** $1687996.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000127811 | 2.58%                | -3.02%               | 0.68%                |
| Class ID C000127812 | 2.57%                | -3.02%               | 0.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1819611.23             | $27553423.71                               |
| Month 2  | $21144098.42             | $-48181136.42                              |
| Month 3  | $2405835.74              | $4235694.84                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Meesho Ltd                      | Meesho Ltd.                                                  | CUSIP: 999999999<br>LEI: 984500M5ED0E01BBA079 | Long             | EC               | CORP              | IN        |   3146644 | NS      | $6309434.44   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Melco Resorts & Entertainment   | Melco Resorts & Entertainment Ltd. - ADR                     | CUSIP: 585464100<br>LEI: 529900NRV6LBR3T6B421 | Long             |  | CORP              | HK        |   1285446 | NS      | $9730826.22   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Moscow Exchange MICEX-RTS PJSC  | Moscow Exchange MICEX-RTS PJSC                               | CUSIP: 999999999<br>LEI: 253400M5M1222KPNWE87 | Long             | EC               | CORP              | RU        |  15336645 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| NHPC Ltd                        | NHPC Ltd.                                                    | CUSIP: 999999999<br>LEI: 3358003ZPPTGWT595J46 | Long             | EC               | CORP              | IN        |   8078343 | NS      | $7124745.23   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands  | NU Holdings Ltd./Cayman Islands - Class A                    | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |    566049 | NS      | $9475660.26   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTsurance Group Ltd            | OUTsurance Group Ltd.                                        | CUSIP: 999999999<br>LEI: 984500AC307E8L2D9X52 | Long             | EC               | CORP              | ZA        |   2465888 | NS      | $10670624.04  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                | PDD Holdings, Inc. - ADR                                     | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             |  | CORP              | CN        |     61257 | NS      | $6945931.23   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Mills Ltd/The           | Phoenix Mills Ltd.                                           | CUSIP: 999999999<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |    570836 | NS      | $11786822.10  | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| PLN SPOT FORWARD CONTRACT   /   | PLN SPOT FORWARD CONTRACT   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | PL        |    850991 | OU      | $237044.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIO SA/Brazil                  | PRIO S.A./Brazil                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   1793879 | NS      | $13559339.42  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SAUDI RIYAL  /                  | SAUDI RIYAL  /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | SA        |         0 | OU      | $0.01         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Capital Ltd                | Tata Capital Ltd.                                            | CUSIP: 999999999<br>LEI: 335800TXSHN87ZZ57925 | Long             | EC               | CORP              | IN        |   2367713 | NS      | $9005430.49   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS SA                        | TOTVS S.A.                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   1170947 | NS      | $8991833.60   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Piraeus Bank SA                 | Piraeus Bank S.A.                                            | CUSIP: 999999999<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |   2949132 | NS      | $23547306.16  | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Vivara Participacoes SA         | Vivara Participacoes S.A.                                    | CUSIP: 999999999<br>LEI: 254900KO2WRLAVSJDR42 | Long             | EC               | CORP              | BR        |   1858177 | NS      | $11271543.39  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| XTB SA                          | XTB S.A.                                                     | CUSIP: 999999999<br>LEI: 259400AVUPSABLEXNT19 | Long             | EC               | CORP              | PL        |     89921 | NS      | $1794985.97   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| BRL SPOT FORWARD CONTRACT   /   | BRL SPOT FORWARD CONTRACT   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | BR        |   8462097 | OU      | $1544234.58   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAZILIAN REAL  /               | BRAZILIAN REAL  /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | BR        |   1530240 | OU      | $279251.02    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bupa Arabia for Cooperative In  | Bupa Arabia for Cooperative Insurance Co.                    | CUSIP: 999999999<br>LEI: 558600B2WJHD5P31XS68 | Long             | EC               | CORP              | SA        |    188723 | NS      | $6991963.75   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| DiDi Global Inc                 | DiDi Global, Inc. - ADR                                      | CUSIP: 23292E108<br>LEI: 8368006Y2DHY77ADSY31 | Long             |  | CORP              | CN        |   4226526 | NS      | $22316057.28  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Bank Ltd                | Federal Bank Ltd.                                            | CUSIP: 999999999<br>LEI: 335800J8VWGE2HGWF417 | Long             | EC               | CORP              | IN        |   9615770 | NS      | $28606668.08  | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi  | Grupo Aeroportuario del Pacifico S.A.B. de C.V. - Class B    | CUSIP: 999999999<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |    504146 | NS      | $13243998.71  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                  | ICICI Bank Ltd.                                              | CUSIP: 999999999<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |   1168743 | NS      | $17492087.81  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| INDIAN RUPIES  /                | INDIAN RUPIES  /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | IN        |  13601452 | OU      | $151330.03    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc                    | SK hynix, Inc.                                               | CUSIP: 999999999<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     41036 | NS      | $18584308.95  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd       | Alibaba Group Holding Ltd.                                   | CUSIP: 999999999<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |   1063153 | NS      | $19520517.44  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Inter & Co Inc                  | Inter & Co., Inc. - Class A                                  | CUSIP: G4R20B107<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   2900103 | NS      | $24592873.44  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH KOREAN WON  /             | SOUTH KOREAN WON  /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | KR        |  12849398 | OU      | $8919.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                    | Kaspi.KZ JSC - ADR                                           | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             |  | CORP              | KZ        |     60039 | NS      | $4690847.07   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd                   | Credicorp Ltd.                                               | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |     83873 | NS      | $24071551.00  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT        | Bank Central Asia Tbk P.T.                                   | CUSIP: 019452379<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |  18681952 | NS      | $9021453.34   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT     | Bank Mandiri Persero Tbk P.T.                                | CUSIP: 999999999<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |  22183190 | NS      | $6764391.90   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                      | BYD Co., Ltd. - Class A                                      | CUSIP: 999999999<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    638291 | NS      | $8925195.60   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Baiya Sanitary Produ  | Chongqing Baiya Sanitary Products Co., Ltd. - Class A        | CUSIP: Y1R85T106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   2013208 | NS      | $6291815.16   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd      | Samsung Electronics Co., Ltd.                                | CUSIP: 999999999<br>LEI: 9884007ER46L6N7EI764 | Long             |  | CORP              | KR        |    212614 | NS      | $13197124.45  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Coway Co Ltd                    | Coway Co., Ltd.                                              | CUSIP: Y9694W104<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    123605 | NS      | $7440753.86   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co Ltd  | Shinhan Financial Group Co., Ltd.                            | CUSIP: 999999999<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |    284294 | NS      | $15138591.85  | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co Ltd            | Hyundai Rotem Co., Ltd.                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     58930 | NS      | $7685682.13   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Meitu Inc                       | Meitu, Inc.                                                  | CUSIP: 999999999<br>LEI: 529900P2POH56W116T02 | Long             | EC               | CORP              | CN        |  23988160 | NS      | $21600039.38  | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Lite-On Technology Corp         | Lite-On Technology Corp.                                     | CUSIP: 999999999<br>LEI: 2549005GU1PQ73SZBT32 | Long             | EC               | CORP              | TW        |   5250370 | NS      | $27314105.60  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                            | Taiwan Semiconductor Manufacturing Co., Ltd.                 | CUSIP: 999999999<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   2591710 | NS      | $127401429.31 | 14.24%            |  |  |  | No            |                  2 | On Loan: No      |
| ST Pharm Co Ltd                 | ST Pharm Co., Ltd.                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    107963 | NS      | $8923785.79   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                    | MediaTek, Inc.                                               | CUSIP: 999999999<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |    245997 | NS      | $11169540.74  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                            | Contemporary Amperex Technology Co., Ltd. - Class A          | CUSIP: 999999999<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    418859 | NS      | $22024513.92  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Mindray Bio-Medical E  | Shenzhen Mindray Bio-Medical Electronics Co., Ltd. - Class A | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    243736 | NS      | $6646484.91   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Wasion Holdings Ltd             | Wasion Holdings Ltd.                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   3154739 | NS      | $6964811.82   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bizlink Holding Inc             | Bizlink Holding, Inc.                                        | CUSIP: 999999999<br>LEI: 213800YAKRFVU5XOX138 | Long             | EC               | CORP              | TW        |    529069 | NS      | $25560038.21  | 2.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                         | Meituan - Class B                                            | CUSIP: 999999999<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |    376578 | NS      | $4990487.12   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Square Co Ltd                | SK Square Co., Ltd.                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     62574 | NS      | $15934993.20  | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Marine Solution Co   | HD Hyundai Marine Solution Co., Ltd.                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    119220 | NS      | $15975121.59  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd            | Tencent Holdings Ltd.                                        | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    714714 | NS      | $54849677.97  | 6.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Celestica Inc                   | Celestica, Inc.                                              | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |     35816 | NS      | $10587567.76  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitec Bank Holdings Ltd       | Capitec Bank Holdings Ltd.                                   | CUSIP: S64408594<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     58360 | NS      | $14649583.23  | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Coupang Inc                     | Coupang, Inc.                                                | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | KR        |    520487 | NS      | $12278288.33  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                 | Cemex S.A.B. de C.V. - ADR                                   | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             |  | CORP              | MX        |   1898711 | NS      | $21816189.39  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Es  | Cia de Saneamento Basico do Estado de Sao Paulo SABESP       | CUSIP: 999999999<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |   1056944 | NS      | $25728264.30  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                         | Sea Ltd. - ADR                                               | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             |  | CORP              | SG        |    288884 | NS      | $36852931.88  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd             | Shriram Finance Ltd.                                         | CUSIP: 999999999<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |   1247433 | NS      | $13843562.02  | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| UMB MONEY MARKET II SPECIAL   / | UMB MONEY MARKET II SPECIAL   /                              | CUSIP: SF8888628<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  27190612 | PA      | $27190611.56  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-09

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

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President