# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001145549-23-006789
**Filing Date:** 2023-2
**Character Count:** 16561
**Document Hash:** 7050cd95f1ed9791fbee90b74c457885
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006789.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001145549-23-006789

**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:** 23640843

**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 SMID Quality Value Fund (Series ID: S000066861)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000215233 | Investor Class Shares      | WCMJX           |
| C000215234 | Institutional Class Shares | WCMFX           |

## 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 SMID Quality Value Fund

- **b. EDGAR series identifier (if any):** S000066861

- **c. LEI of Series:** 5493006T7JCRDPADGF42

**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:** $124940990.70

**Total Liabilities:** $7280838.64

**Net Assets:** $117660152.06

**Cash Not Reported:** $92427.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215233 | 7.59%                | 5.85%                | -4.57%               |
| Class ID C000215234 | 7.63%                | 5.89%                | -4.52%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $6974963.76                                |
| Month 2  | $-352739.99              | $6412311.04                                |
| Month 3  | $681839.74               | $-5783460.73                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Addus HomeCare Corp             | Addus HomeCare Corp.                     | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     34449 | NS      | $3427331.01   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc                     | Ashland, Inc.                            | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     20522 | NS      | $2206730.66   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AZEK Co Inc/The                 | AZEK Co., Inc.                           | CUSIP: 05478C105<br>LEI: 5493002LDDDU1RX46815 | Long             | EC               | CORP              | US        |     91202 | NS      | $1853224.64   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co  | Booz Allen Hamilton Holding Corp.        | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     30959 | NS      | $3235834.68   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Roofing Supply Inc       | Beacon Roofing Supply, Inc.              | CUSIP: 073685109<br>LEI: 549300HDXQWWCBOYXP31 | Long             | EC               | CORP              | US        |     62619 | NS      | $3305657.01   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc               | Brown & Brown, Inc.                      | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     77287 | NS      | $4403040.39   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC         | Cushman & Wakefield PLC                  | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    168550 | NS      | $2100133.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc             | Dorman Products, Inc.                    | CUSIP: 258278100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24037 | NS      | $1943872.19   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                 | EMCOR Group, Inc.                        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     24009 | NS      | $3555972.99   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                    | Entegris, Inc.                           | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     45259 | NS      | $2968537.81   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Ltd                | Enstar Group Ltd.                        | CUSIP: G3075P101<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EC               | CORP              | BM        |     14644 | NS      | $3383349.76   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc           | Element Solutions, Inc.                  | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    238552 | NS      | $4339260.88   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| E2open Parent Holdings Inc      | E2open Parent Holdings, Inc.             | CUSIP: 29788T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    384001 | NS      | $2254085.87   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Focus Financial Partners Inc    | Focus Financial Partners, Inc. - Class A | CUSIP: 34417P100<br>LEI: 5493006FFJCGLZ246V12 | Long             | EC               | CORP              | US        |    122770 | NS      | $4575637.90   | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                     | GoDaddy, Inc.                            | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     60300 | NS      | $4511646.00   | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                       | Graco, Inc.                              | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     47230 | NS      | $3176689.80   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp     | Grocery Outlet Holding Corp.             | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110769 | NS      | $3233347.11   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc            | Hayward Holdings, Inc.                   | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113101 | NS      | $1063149.40   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                 | ICU Medical, Inc.                        | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     22577 | NS      | $3555425.96   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter Parfums Inc               | Inter Parfums, Inc.                      | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35487 | NS      | $3425205.24   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc          | Jones Lang LaSalle, Inc.                 | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     18520 | NS      | $2951532.40   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                      | CarMax, Inc.                             | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32243 | NS      | $1963276.27   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lancaster Colony Corp           | Lancaster Colony Corp.                   | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |     13924 | NS      | $2747205.20   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc   | Lincoln Electric Holdings, Inc.          | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     24139 | NS      | $3487844.11   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Leslie's Inc                    | Leslie's, Inc.                           | CUSIP: 527064109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    260765 | NS      | $3183940.65   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc             | Landstar System, Inc.                    | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     23161 | NS      | $3772926.90   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                      | Masco Corp.                              | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     56234 | NS      | $2624440.78   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments Inc             | MKS Instruments, Inc.                    | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     35682 | NS      | $3023335.86   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding  | Ollie's Bargain Outlet Holdings, Inc.    | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     60642 | NS      | $2840471.28   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                         | PTC, Inc.                                | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     25707 | NS      | $3085868.28   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| R1 RCM Inc                      | R1 RCM, Inc.                             | CUSIP: 77634L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    474212 | NS      | $5192621.40   | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc    | SiteOne Landscape Supply, Inc.           | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     20111 | NS      | $2359422.52   | 2.01%             |  |  |  | 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        |   8414418 | PA      | $8414418.13   | 7.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Thoughtworks Holding Inc        | Thoughtworks Holding, Inc.               | CUSIP: 88546E105<br>LEI: 984500E705D15F2DF680 | Long             | EC               | CORP              | US        |     50400 | NS      | $513576.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                | UniFirst Corp.                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     18884 | NS      | $3644423.16   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp             | Verra Mobility Corp.                     | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    233387 | NS      | $3227742.21   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc    | Wyndham Hotels & Resorts, Inc.           | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     38592 | NS      | $2751995.52   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                      | Watsco, Inc.                             | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     11779 | NS      | $2937682.60   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc               | YETI Holdings, Inc.                      | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     85290 | NS      | $3523329.90   | 2.99%             |  |  |  | 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