# FPA Crescent Fund

FPA Crescent Fund is a registered fund series of Investment Managers Series Trust III (series S000009495). Net assets $11.8B as of 2026-03-31.

## Profile

- Series ID: S000009495
- Registrant: Investment Managers Series Trust III
- LEI: 549300FMOJ71ODO86B07
- Net assets: $11.8B
- Total assets: $11.9B
- As of: 2026-03-31

## Advisers

- [FIRST PACIFIC ADVISORS, LP (Advisor)](https://search.stillhousedata.com/firm/141823)

## Top holdings (156 reported)

_Showing 15 of 156 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Analog Devices Inc](https://search.stillhousedata.com/security/032654105) | — | $374.3M | 317.01% |
| [Alphabet Inc](https://search.stillhousedata.com/security/02079K305) | — | $341.0M | 288.80% |
| [Meta Platforms Inc](https://search.stillhousedata.com/security/30303M102) | — | $252.2M | 213.59% |
| [IFF](https://search.stillhousedata.com/security/459506101) | — | $229.5M | 194.36% |
| [TE Connectivity PLC](https://search.stillhousedata.com/security/H84989104) | — | $225.2M | 190.74% |
| [Citigroup Inc](https://search.stillhousedata.com/security/172967424) | — | $221.5M | 187.64% |
| Heineken Holding NV | — | $219.8M | 186.18% |
| JDE Peet's NV | — | $217.5M | 184.19% |
| [Alphabet Inc](https://search.stillhousedata.com/security/02079K107) | — | $214.1M | 181.34% |
| Azelis Group NV | — | $206.3M | 174.77% |
| Glencore PLC | — | $204.1M | 172.87% |
| [Becton Dickinson & Co](https://search.stillhousedata.com/security/075887109) | — | $185.5M | 157.14% |
| [Amazon.com Inc](https://search.stillhousedata.com/security/023135106) | — | $179.4M | 151.98% |
| [TREASURY BILL](https://search.stillhousedata.com/security/912797TG2) | — | $178.9M | 151.52% |
| Safran SA | — | $178.3M | 151.02% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $11.8B |
| 2025-12-31 | $11.9B |
| 2025-09-30 | $11.8B |
| 2025-06-30 | $11.1B |
| 2025-03-31 | $10.4B |
| 2024-12-31 | $10.5B |
| 2024-09-30 | $10.7B |
| 2024-06-30 | $10.4B |

## More

- [Registrant: Investment Managers Series Trust III](https://search.stillhousedata.com/registrant/924727)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000009495.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.