# EDGAR Filing Document

**Accession Number:** 0000924727
**File Stem:** 0001193125-25-213235
**Filing Date:** 2025-9
**Character Count:** 28202
**Document Hash:** a79e040c15b3a8ae56267017434f253b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-213235.hdr.sgml**: 20250923

**ACCESSION NUMBER**: 0001193125-25-213235

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250923

**DATE AS OF CHANGE**: 20250923

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust III
- **CENTRAL INDEX KEY:** 0000924727

**ORGANIZATION NAME:**
- **EIN:** 043236699
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08544
- **FILM NUMBER:** 251333535

**BUSINESS ADDRESS:**
- **STREET 1:** 235 W. GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 626-385-5777

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FPA FUNDS TRUST
- **DATE OF NAME CHANGE:** 20021028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UAM FUNDS TRUST
- **DATE OF NAME CHANGE:** 19951101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** REGIS FUND II
- **DATE OF NAME CHANGE:** 19940606

## Series and Classes Contracts Data

### MANTEIO MANAGED FUTURES STRATEGY FUND (Series ID: S000088666)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000255003 | Class I Shares | CSAIX           |
| C000255004 | Class C Shares | CSACX           |
| C000255005 | Class A Shares | CSAAX           |

## Nport-Ex

**Manteio Managed Futures Strategy Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**As of July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount |  | Value |
|  | **SHORT-TERM INVESTMENTS — 91.1%** |  |
|  | **MONEY MARKET INVESTMENTS — 33.7%** |  |
| $38889031 | UMB Bank, Money Market Special II Deposit Investment, 4.19%<sup>(a),(b)</sup> | $**38889031** |
|  | **TREASURY BILLS — 57.4%** |  |
|  | United States Treasury Bill |  |
| 15000000 | 4.15%, 8/7/2025<sup>(b),(c)</sup> | 14989245 |
| 10000000 | 3.88%, 9/4/2025<sup>(b),(c)</sup> | 9959430 |
| 10000000 | 4.17%, 10/2/2025<sup>(b),(c)</sup> | 9926890 |
| 5000000 | 4.03%, 10/30/2025<sup>(b),(c)</sup> | 4946970 |
| 5000000 | 4.04%, 11/28/2025<sup>(b),(c)</sup> | 4930345 |
| 5000000 | 3.98%, 12/26/2025<sup>(b),(c)</sup> | 4914875 |
| 5000000 | 4.02%, 1/22/2026<sup>(b),(c)</sup> | 4900000 |
| 3000000 | 4.06%, 2/19/2026<sup>(c)</sup> | 2931363 |
| 3000000 | 4.03%, 3/19/2026<sup>(c)</sup> | 2922024 |
| 3000000 | 3.98%, 4/16/2026<sup>(c)</sup> | 2913168 |
| 3000000 | 3.98%, 5/14/2026<sup>(c)</sup> | 2904063 |
|  |  | **66238373** |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | &nbsp;&nbsp;&nbsp;(Cost $105,173,724) | **105127404** |
|  | **TOTAL INVESTMENTS — 91.1%** |  |
|  | &nbsp;&nbsp;&nbsp;(Cost $105,173,724) | **105127404** |
|  | Other Assets in Excess of Liabilities — 8.9% | 10303066 |
|  | **TOTAL NET ASSETS — 100.0%** | $**115430470** |

---

<sup>(a)</sup> The rate is the annualized seven-day yield at period end.

<sup>(b)</sup> All or a portion of this investment is a holding of Manteio Cayman Managed Futures Strategy Fund, Ltd.

<sup>(c)</sup> Treasury bill discount rate.

**Manteio Managed Futures Strategy Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of July 31, 2025 (Unaudited)**

**FUTURES CONTRACTS**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Long Contracts** | **Expiration<br> Date** | **Number of<br> Contracts** | **Notional<br> Value** | **Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Commodity Futures** |  |  |  |  |
| CMX Copper<sup>1</sup> | February 2025 | 22 | 2394975 | (434962) |
| CMX Gold<sup>1</sup> | December 2025 | 32 | 10715520 | (188118) |
| CMX Silver<sup>1</sup> | September 2025 | 17 | 3120520 | (23916) |
| LME Lead<sup>1</sup> | September 2025 | 20 | 976005 | (46737) |
| LME Primary Aluminum<sup>1</sup> | September 2025 | 70 | 4486755 | (68224) |
| LME Primary Nickel<sup>1</sup> | September 2025 | 28 | 2492922 | (62769) |
| LME Zinc<sup>1</sup> | September 2025 | 33 | 2278666 | 6035 |
| **Currency Futures** |  |  |  |  |
| CME Australian Dollar | September 2025 | 183 | 11778795 | (276764) |
| CME British Pound | September 2025 | 179 | 14794350 | (340100) |
| CME Canadian Dollar | September 2025 | 225 | 16286625 | (327418) |
| CME Euro | September 2025 | 112 | 16044700 | (149227) |
| **Index Futures** |  |  |  |  |
| CME E-Mini S&P 500 | September 2025 | 13 | 4143263 | 221698 |
| EUX Euro STOXX 50 | September 2025 | 96 | 5850051 | 16432 |
| Hang Seng Index | August 2025 | 50 | 7880892 | (204417) |
| ICF FTSE 100 Index | September 2025 | 54 | 6507036 | 186836 |
| Nikkei Stock Index | September 2025 | 13 | 3551724 | 280113 |
| **Interest Rate Futures** |  |  |  |  |
| CBOT 10-Year U.S. Treasury Note | September 2025 | 8 | 888500 | (2294) |
|  |  | **1155** | **114191299** | **(1413832)** |

---

**Manteio Managed Futures Strategy Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of July 31, 2025 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Short Contracts** | **Expiration<br> Date** | **Number of<br> Contracts** | **Notional<br> Value** | **Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Commodity Futures** |  |  |  |  |
| CBOT Corn<sup>1</sup> | September 2025 | (76) | (1497200) | 89133 |
| CBOT Soybean<sup>1</sup> | November 2025 | (37) | (1830113) | 95008 |
| CBOT Soybean Meal<sup>1</sup> | December 2025 | (36) | (993600) | 66100 |
| CBOT Soybean Oil<sup>1</sup> | December 2025 | (42) | (1379448) | (35090) |
| CBOT Wheat<sup>1</sup> | September 2025 | (52) | (1360450) | 62792 |
| ICE Brent Crude Oil<sup>1</sup> | November 2025 | (21) | (1486800) | (40331) |
| ICE Low Sulphur Gas<sup>1</sup> | September 2025 | (8) | (559600) | (2119) |
| LME Lead<sup>1</sup> | September 2025 | (12) | (585603) | 12568 |
| LME Primary Aluminum<sup>1</sup> | September 2025 | (42) | (2692053) | (46379) |
| LME Primary Nickel<sup>1</sup> | September 2025 | (17) | (1513560) | 25304 |
| LME Zinc<sup>1</sup> | September 2025 | (20) | (1381010) | (59556) |
| NYBOT Coffee 'C'<sup>1</sup> | September 2025 | (8) | (887400) | 93590 |
| NYBOT Cotton #2<sup>1</sup> | December 2025 | (15) | (504375) | 6124 |
| NYBOT Sugar #11<sup>1</sup> | October 2025 | (43) | (787416) | 12502 |
| NYMEX Natural Gas<sup>1</sup> | September 2025 | (51) | (1584060) | 2746 |
| NYMEX NY Harbor ULSD<sup>1</sup> | September 2025 | (4) | (402511) | 2183 |
| NYMEX RBOB Gasoline<sup>1</sup> | September 2025 | (5) | (456519) | (13577) |
| NYMEX WTI Crude Oil<sup>1</sup> | September 2025 | (19) | (1315940) | (43897) |
| **Currency Futures** |  |  |  |  |
| CME Japanese Yen | September 2025 | (190) | (15831750) | 203131 |
| **Interest Rate Futures** |  |  |  |  |
| EUX Euro-Bund | September 2025 | (219) | (32413899) | 98741 |
| ICF Long Gilt | September 2025 | (166) | (20204808) | (78190) |
| OSE Japanese 10-Year Bond | September 2025 | (47) | (43019960) | 117018 |
|  |  | **(1130)** | **(132688075)** | **567801** |
| **TOTAL FUTURES CONTRACTS** |  |  | $**(18496776)** | $**(846031)** |

---

<sup>1</sup> This investment is a holding of Manteio Cayman Managed Futures Strategy Fund, Ltd.

## 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 III

- **b. Investment Company Act file number:** 811-08544

- **c. CIK number of Registrant:** 0000924727

- **d. LEI of Registrant:** 549300H7BXP5EUEHOJ64

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

  - **Street Address 1:** 235 W. Galena Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53212

  - **Telephone number:** 626-385-5777

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

- **a. Name of Series:** Manteio Managed Futures Strategy Fund

- **b. EDGAR series identifier (if any):** S000088666

- **c. LEI of Series:** 984500F6556F79YA2617

**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:** $115612730.27

**Total Liabilities:** $189724.31

**Net Assets:** $115423005.96

**Amount of Assets Invested in Other Investment Companies:** $22464529.28

**Cash Not Reported:** $23304245.33

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255003 | -0.79%               | -0.19%               | -0.94%               |
| Class ID C000255004 | -0.86%               | -0.35%               | -1.02%               |
| Class ID C000255005 | -0.80%               | -0.26%               | -0.95%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-104590.28              | $30848.26                                  |
| Month 2  | $-81095.75               | $-266511.63                                |
| Month 3  | $-94307.42               | $505873.02                                 |

**Designated Index Information**

- **Index Name:** Credit Suisse Managed Futures Liquid Index

- **Index Identifier:** CSLABMF

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797NL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4930345.00   | 4.27%             | 2025-11-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797NU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4914875.00   | 4.26%             | 2025-12-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4900000.00   | 4.25%             | 2026-01-22      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2931363.00   | 2.54%             | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2922024.00   | 2.53%             | 2026-03-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797QD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2913168.00   | 2.52%             | 2026-04-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797QN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2904063.00   | 2.52%             | 2026-05-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AUD USD CURNCY FUT SEPT 25   /       | AUD USD CURNCY FUT SEPT 25   /       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | US        |       183 | NC      | $-276764.11   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| SOYBEAN OIL FUTURE DEC 2025   /      | SOYBEAN OIL FUTURE DEC 2025   /      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -42 | NC      | $-35090.10    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BP CURRENCY FUTURE SEPT 2025   /     | BP CURRENCY FUTURE SEPT 2025   /     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | US        |       179 | NC      | $-340100.49   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| CORN FUTURE SEP 25   /               | CORN FUTURE SEP 25   /               | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -76 | NC      | $89132.81     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN DOLLAR FUT SEPT 2025   /    | CANADIAN DOLLAR FUT SEPT 2025   /    | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | US        |       225 | NC      | $-327417.70   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| WTI CRUDE FUTURE SEPT 2025   /       | WTI CRUDE FUTURE SEPT 2025   /       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -19 | NC      | $-43896.62    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| BRENT CRUDE FUTURE NOV 2025   /      | BRENT CRUDE FUTURE NOV 2025   /      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -21 | NC      | $-40330.60    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| COTTON  FUTURE DEC 2025   /          | COTTON  FUTURE DEC 2025   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -15 | NC      | $6124.12      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUR/USD FUTURE SEP 2025   /          | EUR/USD FUTURE SEP 2025   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | US        |       112 | NC      | $-149227.31   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| S&P 500 EMINI FUT SEPTEMBER 2025   / | S&P 500 EMINI FUT SEPTEMBER 2025   / | CUSIP: 999999999<br>LEI: N/A                  | Long             | DE               |  | US        |        13 | NC      | $221697.52    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO CURRENCY  /                     | EURO CURRENCY  /                     | CUSIP: 999999999<br>LEI: N/A                  | Short            | STIV             |  | XX        |  -5290263 | OU      | $-6037044.98  | -5.23%            |  |  |  | No            |                  1 | On Loan: No      |
| LONG GILT FUTURE SEP 2025   /        | LONG GILT FUTURE SEP 2025   /        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | GB        |      -166 | NC      | $-78190.57    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG DOLLAR  /                  | HONG KONG DOLLAR  /                  | CUSIP: 999999999<br>LEI: N/A                  | Short            | STIV             |  | HK        |  -3137168 | OU      | $-399639.22   | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| NY HARBOR ULSD SEP 2025   /          | NY HARBOR ULSD SEP 2025   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -4 | NC      | $2182.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPN 10Y BOND SEPT 2025   /           | JPN 10Y BOND SEPT 2025   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | JP        |       -47 | NC      | $117017.87    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JAPANESE YEN  /                      | JAPANESE YEN  /                      | CUSIP: 999999999<br>LEI: N/A                  | Short            | STIV             |  | JP        | -24708014 | OU      | $-163846.25   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| JPY YEN CURR FUT SEP 2025   /        | JPY YEN CURR FUT SEP 2025   /        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | US        |      -190 | NC      | $203130.55    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| COFFEE C FUTURE SEP 2025   /         | COFFEE C FUTURE SEP 2025   /         | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -8 | NC      | $93589.72     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LME PRI ALUM FUT SEP 25   /          | LME PRI ALUM FUT SEP 25   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        70 | NC      | $-68224.30    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| LME PRI ALUM FUT SEP 25   /          | LME PRI ALUM FUT SEP 25   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -42 | NC      | $-46379.08    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| LME LEAD FUTURE SEP 25   /           | LME LEAD FUTURE SEP 25   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        20 | NC      | $-46736.80    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| LME LEAD FUTURE SEP 25   /           | LME LEAD FUTURE SEP 25   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -12 | NC      | $12568.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LME NICKEL FUTURE SEPT 2025   /      | LME NICKEL FUTURE SEPT 2025   /      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        28 | NC      | $-62768.94    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| LME NICKEL FUTURE SEPT 2025   /      | LME NICKEL FUTURE SEPT 2025   /      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -17 | NC      | $25304.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LME ZINC FUT SEPT 2025   /           | LME ZINC FUT SEPT 2025   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        33 | NC      | $6035.33      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LME ZINC FUT SEPT 2025   /           | LME ZINC FUT SEPT 2025   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -20 | NC      | $-59556.05    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| NATURAL GAS FUTURE SEP 2025   /      | NATURAL GAS FUTURE SEP 2025   /      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -51 | NC      | $2746.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKKEI 225 SEPT 25   /               | NIKKEI 225 SEPT 25   /               | CUSIP: 999999999<br>LEI: N/A                  | Long             | DE               |  | JP        |        13 | NC      | $280112.93    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| LOW SU GASOIL FUT SEP 25   /         | LOW SU GASOIL FUT SEP 25   /         | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -8 | NC      | $-2118.81     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EURO-BUND FUTURE SEP 2025   /        | EURO-BUND FUTURE SEP 2025   /        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | DE        |      -219 | NC      | $98740.71     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SOYBEANS FUTURE NOV 2025   /         | SOYBEANS FUTURE NOV 2025   /         | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -37 | NC      | $95008.70     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SUGAR   FUTURE OCT 2025   /          | SUGAR   FUTURE OCT 2025   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -43 | NC      | $12501.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SILVER FUTURE SEPT 2025   /          | SILVER FUTURE SEPT 2025   /          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |        17 | NC      | $-23916.20    | -0.02%            |  |  |  | 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        |  38899573 | PA      | $38899572.61  | 33.70%            |  |  |  | No            |                  1 | On Loan: No      |
| SOYBEAN MEAL FUTURE DEC 25   /       | SOYBEAN MEAL FUTURE DEC 25   /       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -36 | NC      | $66099.73     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14989245.00  | 12.99%            | 2025-08-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9959430.00   | 8.63%             | 2025-09-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9926890.00   | 8.60%             | 2025-10-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                        | United States Treasury Bill          | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4946970.00   | 4.29%             | 2025-10-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GREAT BRITAIN POUND  /               | GREAT BRITAIN POUND  /               | CUSIP: 999999999<br>LEI: N/A                  | Short            | STIV             |  | GB        |  -4120740 | OU      | $-5442075.53  | -4.71%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLD 100 TROY FUTURE DEC 2025   /    | GOLD 100 TROY FUTURE DEC 2025   /    | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |        32 | NC      | $-188117.59   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| COPPER FUTURE SEP 2025   /           | COPPER FUTURE SEP 2025   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |        22 | NC      | $-434961.51   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| HANG SENG INDEX AUG 25   /           | HANG SENG INDEX AUG 25   /           | CUSIP: 999999999<br>LEI: N/A                  | Long             | DE               |  | HK        |        50 | NC      | $-204417.39   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| U.S. 10YR NOTE SEPT 2025   /         | U.S. 10YR NOTE SEPT 2025   /         | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |         8 | NC      | $-2293.81     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EURO STOXX 50 SEPT 2025   /          | EURO STOXX 50 SEPT 2025   /          | CUSIP: 999999999<br>LEI: N/A                  | Long             | DE               |  | DE        |        96 | NC      | $16432.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEAT FUTURE SEP 2025   /            | WHEAT FUTURE SEP 2025   /            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -52 | NC      | $62791.94     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GASOLINE RBOB FUT SEP 2025   /       | GASOLINE RBOB FUT SEP 2025   /       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -5 | NC      | $-13577.22    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| FTSE 100 IDX FUT SEPT. 2025   /      | FTSE 100 IDX FUT SEPT. 2025   /      | CUSIP: 999999999<br>LEI: N/A                  | Long             | DE               |  | GB        |        54 | NC      | $186836.25    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-15

**Name of Applicant:** Investment Managers Series Trust III

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President