# FPA Queens Road Small Cap Value Fund

FPA Queens Road Small Cap Value Fund is a registered fund series of Investment Managers Series Trust III (series S000080694). Net assets $1.4B as of 2026-05-31.

## Profile

- Series ID: S000080694
- Registrant: Investment Managers Series Trust III
- LEI: 5493000N6VDKZDLI5T83
- Net assets: $1.4B
- Total assets: $1.4B
- As of: 2026-05-31

## Advisers

- [Bragg Financial Advisors, Inc. (Subadvisor)](https://search.stillhousedata.com/firm/1087980)
- [First Pacific Advisors, LP (Advisor)](https://search.stillhousedata.com/firm/141823)

## Top holdings (48 reported)

_Showing 15 of 48 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [MSILF Treasury Portfolio](https://search.stillhousedata.com/security/61747C582) | MISXX | $128.1M | 947.56% |
| [TD SYNNEX Corp](https://search.stillhousedata.com/security/87162W100) | SNX | $74.3M | 549.36% |
| [Vishay Intertechnology Inc](https://search.stillhousedata.com/security/928298108) | VSH | $66.7M | 493.50% |
| [Arrow Electronics Inc](https://search.stillhousedata.com/security/042735100) | ARW | $53.6M | 396.41% |
| [Vanguard 0-3 Month Treasury Bi](https://search.stillhousedata.com/security/922040845) | VBIL | $45.8M | 339.10% |
| [Synaptics Inc](https://search.stillhousedata.com/security/87157D109) | SYNA | $45.7M | 337.87% |
| [Littelfuse Inc](https://search.stillhousedata.com/security/537008104) | LFUS | $43.8M | 323.81% |
| [UGI Corp](https://search.stillhousedata.com/security/902681105) | UGI | $42.9M | 317.36% |
| [New Jersey Resources Corp](https://search.stillhousedata.com/security/646025106) | NJR | $38.9M | 287.77% |
| [RLI Corp](https://search.stillhousedata.com/security/749607107) | RLI | $37.6M | 277.82% |
| [PVH Corp](https://search.stillhousedata.com/security/693656100) | PVH | $36.2M | 267.47% |
| [ServisFirst Bancshares Inc](https://search.stillhousedata.com/security/81768T108) | SFBS | $31.6M | 233.51% |
| [Ingles Markets Inc](https://search.stillhousedata.com/security/457030104) | IMKTA | $31.6M | 233.48% |
| [CNO Financial Group Inc](https://search.stillhousedata.com/security/12621E103) | CNO | $31.0M | 229.63% |
| [Oshkosh Corp](https://search.stillhousedata.com/security/688239201) | OSK | $30.6M | 226.60% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $1.4B |
| 2026-02-28 | $1.2B |
| 2025-11-30 | $1.1B |
| 2025-08-31 | $1.0B |
| 2025-05-31 | $909.2M |
| 2025-02-28 | $845.1M |
| 2024-11-30 | $862.7M |
| 2024-08-31 | $758.4M |

## 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/S000080694.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.