# EDGAR Filing Document

**Accession Number:** 0000924727
**File Stem:** 0001193125-25-294749
**Filing Date:** 2025-11
**Character Count:** 22728
**Document Hash:** 986ae975a8d36b15bb1aabc0989e214e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-294749.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001193125-25-294749

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**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:** 251515520

**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

### FPA Global Equity ETF (Series ID: S000083872)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000247942 | FPA Global Equity ETF | FPAG            |

## 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:** FPA Global Equity ETF

- **b. EDGAR series identifier (if any):** S000083872

- **c. LEI of Series:** 984500846E7BP4DC9B68

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $242209882.56

**Total Liabilities:** $725809.30

**Net Assets:** $241484073.26

**Cash Not Reported:** $559692.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247942 | 0.71%                | 4.39%                | 0.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2748927.44              | $-1425278.07                               |
| Month 2  | $4726649.38              | $4990782.25                                |
| Month 3  | $1539830.13              | $-501229.70                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TE Connectivity PLC                       | TE Connectivity PLC ORD SHS                              | CUSIP: G87052109<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     51543 | NS      | $11315234.79  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd.                          | Nintendo Co Ltd. NPV                                     | CUSIP: J51699106<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     17082 | NS      | $1479088.55   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Paint Holdings Co Ltd.             | Nippon Paint Holdings Co Ltd. NPV                        | CUSIP: J55053128<br>LEI: 529900RYRJUN78A7PL87 | Long             | EC               | CORP              | JP        |     24100 | NS      | $164594.11    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shiseido Co Ltd.                          | Shiseido Co Ltd. NPV                                     | CUSIP: J74358144<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     36800 | NS      | $628823.75    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshizaki Corp.                           | Hoshizaki Corp. NPV                                      | CUSIP: J23254105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     33300 | NS      | $1251072.12   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexon Co Ltd.                             | Nexon Co Ltd. NPV                                        | CUSIP: J4914X104<br>LEI: 5299005SFO0GAJFLKN43 | Long             | EC               | CORP              | JP        |     79687 | NS      | $1749627.68   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                              | Glencore PLC ORD USD0.01                                 | CUSIP: G39420107<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   1119757 | NS      | $5144363.31   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurofins Scientific SE                    | Eurofins Scientific SE EUR0.01                           | CUSIP: L31839134<br>LEI: 529900JEHFM47DYY3S57 | Long             | EC               | CORP              | LU        |     68629 | NS      | $4977854.07   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico SAB de CV                    | Grupo Mexico SAB de CV SER'B'COM NPV                     | CUSIP: P49538112<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    205108 | NS      | $1784804.15   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken Holding N.V.                     | Heineken Holding N.V. EUR1.60                            | CUSIP: N39338194<br>LEI: 724500M1WJLFM9TYBS04 | Long             | EC               | CORP              | NL        |    128590 | NS      | $8809162.93   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                 | Prosus NV EUR0.05 (N SHARES)                             | CUSIP: N7163R103<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |    107398 | NS      | $7557871.75   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JDE Peets N.V                             | JDE Peets N.V EUR0.01                                    | CUSIP: N44664105<br>LEI: 724500EHG519SE5ZRT89 | Long             | EC               | CORP              | NL        |    246694 | NS      | $9036489.88   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                     | NXP Semiconductors NV EUR0.20                            | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     18995 | NS      | $4325731.35   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Corp                                   | LG Corp KRW5000                                          | CUSIP: Y52755108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     61058 | NS      | $3133299.60   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corporation                   | Samsung C&T Corporation KRW100                           | CUSIP: Y7T71K106<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |     29009 | NS      | $3816728.84   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                 | Holcim AG CHF2 (REGD)                                    | CUSIP: H3816Q102<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     42794 | NS      | $3620058.99   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Financiere Richemont Sa         | Compagnie Financiere Richemont Sa CHF1 (REGD)            | CUSIP: H25662182<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     22206 | NS      | $4228917.28   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd.                               | Amrize Ltd. USD0.01                                      | CUSIP: H2927K103<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |    103002 | NS      | $4967334.69   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Croda International PLC                   | Croda International PLC ORD GBP0.10609756                | CUSIP: G25536155<br>LEI: 2138004WCNBFJEEOXV26 | Long             | EC               | CORP              | GB        |     17776 | NS      | $646443.71    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                             | Alphabet Inc. CAP USD0.001 CL C                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     37326 | NS      | $9090747.30   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                             | Alphabet Inc. CAP STK USD0.001 CL A                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     35953 | NS      | $8740174.30   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                          | Amazon.com, Inc. COM USD0.01                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     35430 | NS      | $7779365.10   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                       | Analog Devices Inc. COM USD0.16 2/3                      | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     47939 | NS      | $11778612.30  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                | Carmax Inc COM USD0.50                                   | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |     63761 | NS      | $2860956.07   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.              | Charter Communications, Inc. COM USD0.001 CLASS A        | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     16492 | NS      | $4537031.66   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                            | Citigroup Inc. COM USD0.01                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    106086 | NS      | $10767729.00  | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                       | Comcast Corporation COM USD0.01 CL A                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    297137 | NS      | $9336044.54   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                        | Meta Platforms Inc COM USD0.000006 CL 'A'                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     17117 | NS      | $12570382.46  | 5.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                  | Ferguson Enterprises Inc COMMON STOCK NEW                | CUSIP: 31488V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23897 | NS      | $5366788.26   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc            | Fortune Brands Innovations Inc USD0.01                   | CUSIP: 34964C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75498 | NS      | $4030838.22   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                      | Howmet Aerospace Inc COM                                 | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      9821 | NS      | $1927174.83   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.   | International Flavors & Fragrances Inc. COM USD0.125     | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |    122113 | NS      | $7514834.02   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | iShares Trust ISHARES 0-3 MONTH TREASURY BOND ETF        | CUSIP: 46436E718<br>LEI: N/A                  | Long             | EC               | RF                | US        |     40072 | NS      | $4035250.40   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                       | Kinder Morgan, Inc. COM USD0.01                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    105482 | NS      | $2986195.42   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.              | Marriott International, Inc. COM USD0.01 CLASS A         | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     11417 | NS      | $2973443.48   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc.                                  | NOV Inc. COM                                             | CUSIP: 62955J103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    211030 | NS      | $2796147.50   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corporation                          | PG&E Corporation COM NPV                                 | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     30204 | NS      | $455476.32    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc              | Thermo Fisher Scientific Inc COM USD1                    | CUSIP: 883556102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5618 | NS      | $2724842.36   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                     | Uber Technologies Inc COM USD0.00001                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     25204 | NS      | $2469235.88   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts, Inc.                        | Vail Resorts, Inc. COM STK USD0.01                       | CUSIP: 91879Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26230 | NS      | $3923221.10   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds | Vanguard International Equity Index Funds TT WRLD ST ETF | CUSIP: 922042742<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |     17965 | NS      | $2475577.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                               | Wabtec Corp COM USD0.01                                  | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     11144 | NS      | $2234037.68   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                         | Wells Fargo & Co. COM USD1.666                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     34540 | NS      | $2895142.80   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA EUR1.55                                 | CUSIP: F72027109<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     33555 | NS      | $3291078.94   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                 | Safran SA EUR0.20                                        | CUSIP: F4035A557<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     23152 | NS      | $8157199.71   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                | Merck KGaA NPV                                           | CUSIP: D5357W103<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     19300 | NS      | $2480045.57   | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Delivery Hero SE                          | DELIVERY HERO SE /EUR/                                   | CUSIP: D1T0KZ103<br>LEI: 529900C3EX1FZGE48X78 | Long             | EC               | CORP              | DE        |     23114 | NS      | $662413.96    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Pacific Ltd.                        | Swire Pacific Ltd. 'A' NPV                               | CUSIP: Y83310105<br>LEI: 549300KZOZHII0DGF611 | Long             | EC               | CORP              | HK        |     90933 | NS      | $770633.50    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                  | Icon PLC ORD EUR0.06                                     | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     24754 | NS      | $4331950.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                   | Aon PLC SHS CL A                                         | CUSIP: G0403H108<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     18852 | NS      | $6722246.16   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                               | Avantor Inc COM USD0.01                                  | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104724 | NS      | $1306955.52   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company             | Becton, Dickinson and Company COM USD1.00                | CUSIP: 075887109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23416 | NS      | $4382772.72   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories, Inc.                | Bio-Rad Laboratories, Inc. CLASS'A'COM USD0.0001         | CUSIP: 090572207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10153 | NS      | $2846799.67   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc COM USD0.001                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2838 | NS      | $936284.58    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-06

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

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President