# EDGAR Filing Document

**Accession Number:** 0000924727
**File Stem:** 0001193125-26-241066
**Filing Date:** 2026-5
**Character Count:** 25844
**Document Hash:** f596be2c6da2e463cb8f88c43e63bf2c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-241066.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001193125-26-241066

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260930

**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:** 261024101

**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:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $420211829.58

**Total Liabilities:** $33146973.51

**Net Assets:** $387064856.07

**Cash Not Reported:** $847120.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247942 | 4.66%                | 2.24%                | -9.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1228409.81              | $12703187.49                               |
| Month 2  | $3776062.24              | $3998088.26                                |
| Month 3  | $3076270.99              | $-41530842.41                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Merck KGaA                                | Merck KGaA NPV                                           | CUSIP: D5357W103<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     30577 | NS      | $3802844.91   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Delivery Hero SE                          | DELIVERY HERO SE /EUR/                                   | CUSIP: D1T0KZ103<br>LEI: 529900C3EX1FZGE48X78 | Long             | EC               | CORP              | DE        |     36617 | NS      | $653902.07    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Swire Pacific Ltd.                        | Swire Pacific Ltd. 'A' NPV                               | CUSIP: Y83310105<br>LEI: 549300KZOZHII0DGF611 | Long             | EC               | CORP              | HK        |     22433 | NS      | $244179.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry Group PLC                           | Kerry Group PLC 'A'ORD EUR0.125                          | CUSIP: G52416107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     61005 | NS      | $4823063.76   | 1.25%             |  |  |  | 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        |     26390 | NS      | $3650264.80   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                               | Wabtec Corp COM USD0.01                                  | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     11098 | NS      | $2773501.18   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corporation                        | Waters Corporation COM USD0.01                           | CUSIP: 941848103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10265 | NS      | $3056917.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                         | Wells Fargo & Co. COM USD1.666                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     36791 | NS      | $2928931.51   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                                   | IMCD NV EUR0.16                                          | CUSIP: N4447S106<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |     40844 | NS      | $4225253.53   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnum Ice Cream Co. NV (The)             | Magnum Ice Cream Co. NV (The) ORD EUR3.50 (DI)           | CUSIP: N5505D105<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |    348225 | NS      | $5115722.37   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                     | NXP Semiconductors NV EUR0.20                            | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     26837 | NS      | $5283131.82   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial N.V.                       | CNH Industrial N.V. COM EUR0.01                          | CUSIP: N20944109<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |    190996 | NS      | $2100956.00   | 0.54%             |  |  |  | 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        |    203509 | NS      | $14764577.95  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                       | Kinder Morgan, Inc. COM USD0.01                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     56458 | NS      | $1893036.74   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corporation             | Liberty Broadband Corporation COM USD0.01 CLASS C        | CUSIP: 530307305<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124019 | NS      | $6238155.70   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Azelis Group Nv                           | Azelis Group Nv NPV                                      | CUSIP: B0R5SJ106<br>LEI: N/A                  | Long             | EC               | CORP              | BE        |    372322 | NS      | $3735423.91   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA EUR1.55                                 | CUSIP: F72027109<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     64404 | NS      | $4780624.28   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Sodexo S.A.                               | Sodexo S.A. EUR4                                         | CUSIP: F84941123<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     95338 | NS      | $4859662.36   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                 | Safran SA EUR0.20                                        | CUSIP: F4035A557<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     34971 | NS      | $11293691.57  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                  | Icon PLC ORD EUR0.06                                     | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     39211 | NS      | $4339089.26   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                   | Aon PLC SHS CL A                                         | CUSIP: G0403H108<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     31168 | NS      | $10060407.04  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                       | TE Connectivity PLC ORD SHS                              | CUSIP: G87052109<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     55212 | NS      | $11540412.24  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd.                          | Nintendo Co Ltd. NPV                                     | CUSIP: J51699106<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     70082 | NS      | $3874922.34   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurofins Scientific SE                    | Eurofins Scientific SE EUR0.01                           | CUSIP: L31839134<br>LEI: 529900JEHFM47DYY3S57 | Long             | EC               | CORP              | LU        |    108963 | NS      | $7891706.27   | 2.04%             |  |  |  | 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        |    271159 | NS      | $2900401.27   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnum Ice Cream Co. NV (The)             | Magnum Ice Cream Co. NV (The) ORD EUR3.50 (DI)           | CUSIP: N5505D105<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |     34968 | NS      | $513285.61    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken Holding N.V.                     | Heineken Holding N.V. EUR1.60                            | CUSIP: N39338194<br>LEI: 724500M1WJLFM9TYBS04 | Long             | EC               | CORP              | NL        |    199892 | NS      | $14174620.83  | 3.66%             |  |  |  | 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        |    982500 | NS      | $6043391.83   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshizaki Corp.                           | Hoshizaki Corp. NPV                                      | CUSIP: J23254105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     58100 | NS      | $1849476.70   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                              | Glencore PLC ORD USD0.01                                 | CUSIP: G39420107<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   1778660 | NS      | $13313195.09  | 3.44%             |  |  |  | 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        |      9220 | NS      | $3015585.40   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc.                                  | NOV Inc. COM                                             | CUSIP: 62955J103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    256289 | NS      | $4820796.09   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corporation                          | PG&E Corporation COM NPV                                 | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     47845 | NS      | $840636.65    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                      | Paypal Holdings Inc. COM USD0.0001                       | CUSIP: 70450Y103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56354 | NS      | $2548891.42   | 0.66%             |  |  |  | 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        |      8802 | NS      | $4326447.06   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                     | Uber Technologies Inc COM USD0.00001                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     39983 | NS      | $2875977.19   | 0.74%             |  |  |  | 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        |     45805 | NS      | $5877697.60   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Institutional Index Fund         | Vanguard Institutional Index Fund 0-3 MO TREAS BILL ETF  | CUSIP: 922040845<br>LEI: N/A                  | Long             | EC               | RF                | US        |     95850 | NS      | $7251052.50   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                 | Prosus NV EUR0.05 (N SHARES)                             | CUSIP: N7163R103<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |    185638 | NS      | $8363926.08   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| JDE Peets N.V                             | JDE Peets N.V EUR0.01                                    | CUSIP: N44664105<br>LEI: 724500EHG519SE5ZRT89 | Long             | EC               | CORP              | NL        |    395333 | NS      | $14549149.19  | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnum Ice Cream Co. NV (The)             | Magnum Ice Cream Co. NV (The) ORD EUR3.50 (DI)           | CUSIP: N5505D105<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |     85168 | NS      | $1273261.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Corp                                   | LG Corp KRW5000                                          | CUSIP: Y52755108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     89968 | NS      | $4863611.40   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corporation                   | Samsung C&T Corporation KRW100                           | CUSIP: Y7T71K106<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |     40929 | NS      | $6774068.16   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                 | Holcim AG CHF2 (REGD)                                    | CUSIP: H3816Q102<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     54548 | NS      | $4428784.59   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Financiere Richemont Sa         | Compagnie Financiere Richemont Sa CHF1 (REGD)            | CUSIP: H25662182<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     25188 | NS      | $4364428.96   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd.                               | Amrize Ltd. USD0.01                                      | CUSIP: H2927K103<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |    123444 | NS      | $6915332.88   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                | Diageo PLC ORD GBP0.28 101/108                           | CUSIP: G42089113<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      6982 | NS      | $129009.59    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                             | Alphabet Inc. CAP USD0.001 CL C                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     55749 | NS      | $15992158.14  | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                             | Alphabet Inc. CAP STK USD0.001 CL A                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     38726 | NS      | $11136048.56  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                          | Amazon.com, Inc. COM USD0.01                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     53909 | NS      | $11227627.43  | 2.90%             |  |  |  | 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        |     51578 | NS      | $16409024.92  | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                               | Avantor Inc COM USD0.01                                  | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    312916 | NS      | $2453261.44   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International, Inc.                | Baxter International, Inc. COM USD1.00                   | CUSIP: 071813109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    260248 | NS      | $4372166.40   | 1.13%             |  |  |  | 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        |     76072 | NS      | $11960800.56  | 3.09%             |  |  |  | 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        |     16056 | NS      | $4475610.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc COM USD0.001                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2656 | NS      | $822058.56    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                | Carmax Inc COM USD0.50                                   | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |    118656 | NS      | $4933716.48   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                            | Citigroup Inc. COM USD0.01                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    124975 | NS      | $14173414.75  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                       | Comcast Corporation COM USD0.01 CL A                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    471899 | NS      | $13548220.29  | 3.50%             |  |  |  | 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        |     22327 | NS      | $12773946.51  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                  | Ferguson Enterprises Inc COMMON STOCK NEW                | CUSIP: 31488V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30269 | NS      | $7060546.94   | 1.82%             |  |  |  | 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        |    154197 | NS      | $6009057.09   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                          | Gallagher Aj &Co COM USD1.00                             | CUSIP: 363576109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14136 | NS      | $3061574.88   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-07

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

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President