N-PORT filing recap · November 2025
What did FPA Queens Road Small Cap Value Fund buy in November 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
$937.97M
Positions
46
Estimated turnover
15.0%
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 Eplus Inc. and exited Equity Commonwealth, Knife River Corporation, Treehouse Foods, and Unifirst Corporation. It substantially increased Ugi Corporation and Rli Corp, while substantially trimming Fabrinet. The fund also added to New Jersey Resources, Ingles Markets, Agco Corp, Synaptics, Scholastic, and Graphic Packaging, and trimmed Interdigital, Science Applications International, Iac Inc., Vse Corporation, and Concentrix.