First Pacific Advisors Wins Big With Its Nexeo Solutions Inc. (NXEO) Bet

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Page 3 of 19 – SEC Filing

Schedule 13D

CUSIP No. 65342H102

  (1)

Name of
Reporting Persons:

FPA Crescent Fund, a series of FPA Funds Trust

  (2)

Check the Appropriate Box if a Member
of a Group (See Instructions):

(a)  ☐        (b)  ☐

  (3)

SEC Use Only:

  (4)

Source of Funds (See
Instructions):

WC

  (5)

Check if Disclosure of Legal
Proceedings is Required Pursuant to Items 2(d) or 2(e):

  (6)

Citizenship or Place of
Organization:

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

  (7)

Sole Voting Power

0

  (8)

Shared Voting Power

21,605,125

  (9)

Sole Dispositive Power

0

(10)

Shared Dispositive Power

21,605,125

(11)

Aggregate Amount Beneficially Owned by Each Reporting Person:

21,605,125

(12)

Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions):

(13)

Percent of Class Represented by Amount
in Row (11):

24.1% (1)

(14)

Type of Reporting Person (See
Instructions):

IV

(1)

Based on 89,734,146 shares of the Issuers common stock outstanding as of August 3, 2018, according
to the Issuers Form 10-Q filed with the SEC on August 7, 2018. See Items 4 and 5 for disclosure regarding securities of the Issuer held directly by WLRS Fund I LLC.

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