NPORT-P false 0000924727 XXXXXXXX S000080695 C000243218 Investment Managers Series Trust III 811-08544 0000924727 549300H7BXP5EUEHOJ64 235 W. Galena Street Milwaukee 53212 626-385-5777 FPA Queens Road Value Fund S000080695 5493000N6RWI5KGSNJ23 2026-05-31 2026-02-28 N 53839645.050000000000 125073.560000000000 53714571.490000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 9735.000000000000 N Allegion plc 984500560CAC2E6FB757 G0176J109 3400 NS USD 547910 1.0200397859 Long EC CORP IE N 1 N N N Ameriprise Financial Inc 6ZLKQF7QB6JAEKQS5388 03076C106 6000 NS USD 2820720 5.2513124870 Long EC CORP US N 1 N N N American Express Co R4PP93JZOLY261QX3811 025816109 11000 NS USD 3397900 6.3258440042 Long EC CORP US N 1 N N N Bank of New York Mellon Corp/T WFLLPEPC7FZXENRZV188 064058100 14500 NS USD 1726950 3.2150493844 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 084670108 3 NS USD 2271000 4.2279030382 Long EC CORP US N 1 N N N Centene Corp 549300Z7JJ4TQSQGT333 15135B101 30000 NS USD 1346400 2.5065824089 Long EC CORP US N 1 N N N Cisco Systems Inc 549300LKFJ962MZ46593 17275R102 20700 NS USD 1644822 3.0621523255 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 235851102 6300 NS USD 1327032 2.4705251540 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 254687106 5151 NS USD 546212.04 1.0168787069 Long EC CORP US N 1 N N N Elevance Health Inc 8MYN82XMYQH89CTMTH67 036752103 4500 NS USD 1440000 2.6808368010 Long EC CORP US N 1 N N N Eaton Corp PLC 549300VDIGTMXUNT7H71 G29183103 10000 NS USD 3759200 6.9984734044 Long EC CORP IE N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 369550108 8000 NS USD 2856400 5.3177376655 Long EC CORP US N 1 N N N Hershey Co/The 21X2CX66SU2BR6QTAD08 427866108 10000 NS USD 2362800 4.3988063843 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 609207105 9000 NS USD 554220 1.0317870638 Long EC CORP US N 1 N N N MSILF Treasury Portfolio 549300D1XR6GP7EZ0T47 61747C582 5645699.30 PA USD 5645699.30 10.5105544797 Long STIV RF US N 1 N N N Prudential Financial Inc 5PRBRS5FEH7NREC8OR45 744320102 10000 NS USD 983800 1.8315328089 Long EC CORP US N 1 N N N RTX Corp I07WOS4YJ0N7YRFE7309 75513E101 6600 NS USD 1337292 2.4896261162 Long EC CORP US N 1 N N N Solventum Corp 254900I70403OSGY4M28 83444M101 900 NS USD 66780 0.1243238066 Long EC CORP US N 1 N N N T Rowe Price Group Inc 549300SIV6FPS9Y7IH33 74144T108 7900 NS USD 747577 1.3917582869 Long EC CORP US N 1 N N N Trane Technologies PLC 549300BURLR9SLYY2705 G8994E103 9200 NS USD 4253344 7.9184174462 Long EC CORP IE N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 907818108 3000 NS USD 794940 1.4799336157 Long EC CORP US N 1 N N N 3M Co LUZQVYP4VS22CLWDAR65 88579Y101 3600 NS USD 595152 1.1079898499 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 13820 NS USD 1711192.40 3.1857135830 Long EC CORP US N 1 N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 68389X105 18395 NS USD 2674633 4.9793434552 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 76000 NS USD 2101400 3.9121600372 Long EC CORP US N 1 N N N Intel Corp KNX4USFCNGPY45LOCE31 458140100 26000 NS USD 1185860 2.2077063395 Long EC CORP US N 1 N N N Ingersoll Rand Inc 5299004C02FMZCUOIR50 45687V106 9000 NS USD 847260 1.5773373528 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 9000 NS USD 2702700 5.0315955709 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 580135101 4225 NS USD 1440978.50 2.6826584668 Long EC CORP US N 1 N N N 2026-03-12 Investment Managers Series Trust III /s/ Maureen Quill Maureen Quill President XXXX