FPA Queens Road Small Cap Value Fund

FPA Queens Road

$679.85M

Overview Activity Holdings

AUM

$679.85M

Positions

48

Top Position

IDCC 5.7%

Top 10

42%

Activity Summary

1 New positions 4 Increased 5 Decreased

Notable Trades

Largest New

AAP

Advance Auto Parts Inc

$8.72M

Biggest Increase

MSM

Msc Industrial Direct Co., Inc.

+65.0K shares

Biggest Decrease

HMN

Horace Mann Educators Corporation

-75.0K shares

Portfolio Composition

IDCC5.7%

SNX5.1%

FN4.7%

SFM4.7%

SFBS4.6%

AX3.8%

FPA Queens Road Small Cap Value Fund

FPA Queens Road

$679.85M

Overview Activity Holdings

AUM

$679.85M

Positions

48

Top Position

IDCC 5.7%

Top 10

42%

Activity Summary

1 New positions 4 Increased 5 Decreased

Notable Trades

Largest New

AAP

Advance Auto Parts Inc

$8.72M

Biggest Increase

MSM

Msc Industrial Direct Co., Inc.

+65.0K shares

Biggest Decrease

HMN

Horace Mann Educators Corporation

-75.0K shares

Portfolio Composition

IDCC5.7%

SNX5.1%

FN4.7%

SFM4.7%

SFBS4.6%

AX3.8%

RLI

3.6%

PVH3.4%

MTG3.2%

MSM3.1%

Other (38)58.1%