N-PORT filing recap · August 2025
What did FPA Queens Road Small Cap Value Fund buy in August 2025?
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
$937.92M
Positions
49
Estimated turnover
8.6%
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.
Period in review
FPA Queens Road Small Cap Value Fund opened a new position in Equity Commonwealth and exited Angi Inc., Brookfield Asset Management Ltd., and Enstar Group Limited. It substantially increased Rli Corp and sharply increased Nelnet, Inc. and Ingles Markets, Incorporated. The fund also added to Upbound Group, New Jersey Resources Corporation, Iac Inc., and Scholastic Corporation, while trimming Interdigital, Vse Corporation, and Treehouse Foods.