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N/A Long NATURAL GAS FUTURE MAY 2020 / NATURAL GAS FUTURE MAY 2020 / 2020-04-29 6933173.89 USD -1094773.89 N N N NATURAL GAS FUTURE MAY 2022 / N/A 999999999 75 NC USD 8261 0.0058937414 N/A DCO CORP US N 1 New York Mercantile Exchange N/A Long NATURAL GAS FUTURE MAY 2022 / NATURAL GAS FUTURE MAY 2022 / 2022-04-28 1655239 USD 8261 N N N NATURAL GAS FUTURE JUN 2020 / N/A 999999999 88 NC USD -207547.73 -0.1480731934 N/A DCO CORP US N 1 New York Mercantile Exchange N/A Long NATURAL GAS FUTURE JUN 2020 / NATURAL GAS FUTURE JUN 2020 / 2020-05-28 1752827.73 USD -207547.73 N N N NATURAL GAS FUTURE JULY 2020 / N/A 999999999 13 NC USD -128123.73 -0.0914088044 N/A DCO CORP US N 1 New York Mercantile Exchange N/A Long NATURAL GAS FUTURE JULY 2020 / NATURAL GAS FUTURE JULY 2020 / 2020-06-27 376683.73 USD -128123.73 N N N NATURAL GAS FUTURE AUG 2020 / N/A 999999999 13 NC USD -119543.73 -0.0852874751 N/A DCO CORP US N 1 New York Mercantile Exchange N/A Long NATURAL GAS FUTURE AUG 2020 / NATURAL GAS 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DCO CORP Long SUGAR SUGAR 2020-05-15 658000 USD 112000 11.750000000000 USD 2020-05-15 XXXX -12506 N N N SUGAR FUTURE OPTION JUL 2020 CALL 11.25 / N/A 999999999 50 NC USD 20160 0.0143829835 N/A DCO CORP US N 1 Manual N/A Call Purchased EXCHANGE N/A SUGAR #11 (WORLD) JUL 2020 N/A 999999999 50 NC USD 20160 0.000143829835 DCO CORP Long SUGAR SUGAR 2020-06-15 630000 USD 112000 11.250000000000 USD 2020-06-15 XXXX -6346 N N N SILVER FUTURE MAY 2020 / N/A 999999999 37 NC USD -850007.29 -0.6064305971 N/A DCO CORP US N 1 Commodity Exchange, Inc. N/A Long SILVER FUTURE MAY 2020 / SILVER FUTURE MAY 2020 / 2020-05-28 3468867.29 USD -850007.29 N N N SOYBEAN FUT OPTN May20P 850 N/A 999999999 50 NC USD 8125 0.0057967133 N/A DCO CORP US N 1 Manual N/A Put Purchased EXCHANGE N/A SOYBEAN FUTURE MAY 2020 N/A 999999999 50 NC USD 8125 0.000057967133 DCO CORP Long SOYBEAN SOYBEAN 2020-04-24 2125000 USD 5000 850.000000000000 USD 2020-04-24 XXXX -42053.50 N N N SOYBEAN FUT OPTN May20P 890 N/A 999999999 -50 NC USD -40312.50 -0.0287606162 N/A DCO CORP US N 1 Manual N/A Put Written EXCHANGE N/A SOYBEAN FUTURE MAY 2020 N/A 999999999 -50 NC USD -40312.50 -0.000287606162 DCO CORP Short SOYBEAN SOYBEAN 2020-04-24 -2225000 USD 5000 890.000000000000 USD 2020-04-24 XXXX 74509.00 N N N SOYBEAN MEAL FUTURE MAY 2020 / N/A 999999999 50 NC USD 149871.50 0.1069245691 N/A DCO CORP US N 1 Chicago Board of Trade N/A Long SOYBEAN MEAL FUTURE MAY 2020 / SOYBEAN MEAL FUTURE MAY 2020 / 2020-05-15 1457628.50 USD 149871.50 N N N SOYBEAN MEAL OPTN May20C 320 N/A 999999999 100 NC USD 73500 0.0524379607 N/A DCO CORP US N 1 Manual N/A Call Purchased EXCHANGE N/A SOYBEAN MEAL FUTURE MAY 2020 N/A 999999999 100 NC USD 73500 0.000524379607 DCO CORP Long SOYBEAN SOYBEAN 2020-04-24 3200000 USD 100 320.000000000000 USD 2020-04-24 XXXX 43143 N N N WHEAT FUTURE MAY 2020 / N/A 999999999 67 NC USD 32406.56 0.0231201894 N/A DCO CORP US N 1 Chicago Board of Trade N/A Long WHEAT FUTURE MAY 2020 / WHEAT FUTURE MAY 2020 / 2020-05-15 1872905.94 USD 32406.56 N N N WHEAT FUTURE (CBT) JUL 2020 / N/A 999999999 67 NC USD 13981.56 0.0099750271 N/A DCO CORP US N 1 Chicago Board of Trade N/A Long WHEAT FUTURE (CBT) JUL 2020 / WHEAT FUTURE (CBT) JUL 2020 / 2020-07-15 1870393.44 USD 13981.56 N N N GASOLINE RBOB FUT MAY 2020 / N/A 999999999 53 NC USD -9619.56 -0.0068629947 N/A DCO CORP US N 1 New York Mercantile Exchange N/A Long GASOLINE RBOB FUT MAY 2020 / GASOLINE RBOB FUT MAY 2020 / 2020-05-01 1328969.76 USD -9619.56 N N N GASOLINE RBOB OPT May20C 165 N/A 999999999 50 NC USD 1050 0.0007491137 N/A DCO CORP US N 1 Manual N/A Call Purchased EXCHANGE N/A GASOLINE RBOB FUT MAY 2020 N/A 999999999 50 NC USD 1050 0.000007491137 DCO CORP Long GASOLINE GASOLINE 2020-04-27 3465000 USD 42000 165.000000000000 USD 2020-04-27 XXXX -110406 N N N TREASURY BILL 254900HROIFWPRGM1V77 9127962K4 7000000 PA USD 6999643 4.9938367985 Long DBT UST US N 2 2020-05-05 Fixed 0 N N N N N N AUSTRALIAN DOLLAR / N/A 999999999 -260501.95 OU Currency -160230.01 -0.1143147615 Short STIV AU N 1 N N N U.S. DOLLAR INDEX FUT JUNE 2020 / N/A 999999999 -20 NC USD -4019.40 -0.0028676073 N/A DFE CORP US N 1 ICE Futures US Currencies N/A Short U.S. DOLLAR INDEX FUT JUNE 2020 / U.S. DOLLAR INDEX FUT JUNE 2020 / 2020-06-16 -1977820.60 USD -4019.40 N N N EURO FX CURR FUTURES JUN 20 / N/A 999999999 80 NC USD -77257.60 -0.0551187890 N/A DFE CORP US N 1 Chicago Mercantile Exchange N/A Long EURO FX CURR FUTURES JUN 20 / EURO FX CURR FUTURES JUN 20 / 2020-06-16 11126757.60 USD -77257.60 N N N EURO CURRENCY / N/A 999999999 -409338.06 OU Currency -451459.20 -0.3220897931 Short STIV XX N 1 N N N EUR SPOT 4-20-20 FORWARD CONTRACT / N/A 999999999 -9500000 OU Currency -10486191.35 -7.4812855798 Short STIV XX N 2 N N N GREAT BRITAIN POUND / N/A 999999999 -83050.68 OU Currency -103155.73 -0.0735955934 Short STIV GB N 1 N N N HONG KONG DOLLAR / N/A 999999999 -0.03 OU Currency 0 0.0000000000 Short STIV HK N 1 N N N JPY FORWARD CONTRACT 04/27/20 / N/A 999999999 -425373000 OU Currency -3961831.38 -2.8265354868 Short STIV JP N 1 N N N JAPANESE YEN / N/A 999999999 -24569 OU Currency -228.50 -0.0001630214 Short STIV JP N 1 N N N JPN YEN CURR FUT JUN 20 / N/A 999999999 60 NC USD 22681.80 0.0161821406 N/A DFE CORP US N 1 Chicago Mercantile Exchange N/A Long JPN YEN CURR FUT JUN 20 / JPN YEN CURR FUT JUN 20 / 2020-06-16 6966943.20 USD 22681.80 N N N UMB MONEY MARKET FIDUCIARY / N/A SF8888528 101798599.45 PA USD 101798599.45 72.6273599904 Long STIV CORP US N 1 N N N NORWEGIAN KRONE / N/A 999999999 -136092.30 OU Currency -13090.20 -0.0093390938 Short STIV NO N 1 N N N NEW ZEALAND DOLLAR / N/A 999999999 -37302.05 OU Currency -22257.92 -0.0158797270 Short STIV NZ N 1 N N N 2020-05-29 INVESTMENT MANAGERS SERIES TRUST /s/ Terrance P. Gallagher Terrance P. Gallagher Assistant Vice President XXXX