N-PORT filing recap · February 2024

What did FPA Queens Road Small Cap Value Fund buy in February 2024?

Reported stock-position changes between this filing and the previous one. These are FPA Queens Road Small Cap Value Fund's own holdings, not the firm's.

Stock value

$638.86M

Positions

Estimated turnover

11.4%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

JBTMJbt Marel Corporation$7.32Mreported value+72.1K shares ALTMArcadium Lithium Plc$6.69Mreported value+1.22M shares

Increased positions

UGIUgi Corporation$16.70Mreported value+63.0K shares+10.2%CSGSCsg Systems International Inc$16.61Mreported value+40.0K shares+15.1%ARWArrow Electronics, Inc.$16.41Mreported value+25.0K shares+21.8%MTGMgic Investment Corp$15.92Mreported value+50.0K shares

Reduced positions

FNFabrinet$33.93Mreported value-40.0K shares-20.3%DECKDeckers Outdoor Corp$18.23Mreported value-7.5K shares-26.9%CSWCsw Industrials, Inc.$12.96Mreported value-25.0K shares-30.8%GGGGraco Inc.$7.41Mreported value-31.0K shares

Exited positions

LTHMLivent Corporation$6.97Mprior reported value-506.5K shares-100.0%ACHAccendra Health Inc/va/$2.53Mprior reported value-127.2K shares-100.0%ENOVEnovis Corp$991.8Kprior reported value-20.1K shares-100.0%MTZMastec, Inc.$703.3Kprior reported value-11.6K shares