# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-001594
**Filing Date:** 2026-4
**Character Count:** 28196
**Document Hash:** deabad8c771a32005f63cacdf8331f40
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001594.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0002000324-26-001594

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust III
- **CENTRAL INDEX KEY:** 0001722388

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23312
- **FILM NUMBER:** 26871838

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Trust I
- **DATE OF NAME CHANGE:** 20180319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Funds I Trust
- **DATE OF NAME CHANGE:** 20171113

## Series and Classes Contracts Data

### VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF (Series ID: S000100651)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000270507 | VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF |  |

## Nport-Ex

**VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF**

**Schedule of Investments**

**February 28, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 99.4%** | **Shares** | **Value** |
| **Consumer Discretionary Products - 5.9%** | | |
| Whirlpool Corp. | 835 | $57139 |
| **Financial Services - 2.7%** |  |  |
| Fiserv, Inc.<sup>(a)</sup> | 425 | 26473 |
| **Industrial Services - 2.3%** |  |  |
| American Airlines Group, Inc.<sup>(a)</sup> | 1703 | 22258 |
| **Media - 19.2%** |  |  |
| Alphabet, Inc. - Class C | 161 | 50140 |
| Baidu, Inc. - Class A<sup>(a)</sup> | 267 | 33226 |
| Lyft, Inc. - Class A<sup>(a)</sup> | 1344 | 18601 |
| Meta Platforms, Inc. - Class A | 70 | 45373 |
| Uber Technologies, Inc.<sup>(a)</sup> | 520 | 39218 |
|  |  | 186558 |
| **Retail & Wholesale - Discretionary - 31.7%<sup>(b)</sup>** |  |  |
| Alibaba Group Holding Ltd., ADR | 1069 | 154053 |
| Amazon.com, Inc.<sup>(a)</sup> | 352 | 73920 |
| JD.com, Inc. - Class A, ADR | 1537 | 40777 |
| PDD Holdings, Inc., ADR<sup>(a)</sup> | 389 | 40351 |
|  |  | 309101 |
| **Software & Tech Services - 3.7%** |  |  |
| Microsoft Corp. | 91 | 35740 |
| **Tech Hardware & Semiconductors - 24.2%** |  |  |
| Advanced Micro Devices, Inc.<sup>(a)</sup> | 164 | 32834 |
| Corning, Inc. | 353 | 53084 |
| NVIDIA Corp. | 292 | 51739 |
| QUALCOMM, Inc. | 271 | 38580 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 158 | 59184 |
|  |  | 235421 |
| **Utilities - 9.7%** |  |  |
| NRG Energy, Inc. | 276 | 49393 |
| Vistra Corp. | 258 | 44864 |
|  |  | 94257 |
| **TOTAL COMMON STOCKS (Cost $997,822)** |  | 966947 |

---

---

| | | | |
|:---|:---|:---|:---|
| **PURCHASED OPTIONS - 0.7%<sup>(a)(c)(d)(e)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| **Call Options - 0.7%** | | | |
| Advanced Micro Devices, Inc., Expiration: 3/20/2026; Exercise Price: $235.00 | $20021 | 1 | $123 |
| Alibaba Group Holding Ltd., Expiration: 3/20/2026; Exercise Price: $165.00 | 144110 | 10 | 1215 |
| Alphabet, Inc., Expiration: 3/20/2026; Exercise Price: $335.00 | 31143 | 1 | 181 |
| Amazon.com, Inc., Expiration: 3/20/2026; Exercise Price: $227.50 | 63000 | 3 | 351 |
| American Airlines Group, Inc., Expiration: 3/20/2026; Exercise Price: $14.50 | 22219 | 17 | 399 |
| Baidu, Inc., Expiration: 3/20/2026; Exercise Price: $144.00 | 24888 | 2 | 132 |
| Corning, Inc., Expiration: 3/20/2026; Exercise Price: $185.00 | 45114 | 3 | 468 |
| Fiserv, Inc., Expiration: 3/20/2026; Exercise Price: $65.00 | 24916 | 4 | 640 |
| JD.com, Inc., Expiration: 3/20/2026; Exercise Price: $30.00 | 39795 | 15 | 315 |
| Lyft, Inc., Expiration: 3/20/2026; Exercise Price: $14.50 | 17992 | 13 | 513 |
| NRG Energy, Inc., Expiration: 3/20/2026; Exercise Price: $202.50 | 35792 | 2 | 310 |
| NVIDIA Corp., Expiration: 3/20/2026; Exercise Price: $212.50 | 35438 | 2 | 114 |
| PDD Holdings, Inc., Expiration: 3/20/2026; Exercise Price: $115.00 | 31119 | 3 | 306 |
| QUALCOMM, Inc., Expiration: 3/20/2026; Exercise Price: $155.00 | 28472 | 2 | 153 |
| Taiwan Semiconductor Manufacturing Co. Ltd., Expiration: 3/20/2026; Exercise Price: $425.00 | 37458 | 1 | 189 |
| Uber Technologies, Inc., Expiration: 3/20/2026; Exercise Price: $80.00 | 37710 | 5 | 478 |
| Vistra Corp., Expiration: 3/20/2026; Exercise Price: $190.00 | 34778 | 2 | 620 |
| Whirlpool Corp., Expiration: 3/20/2026; Exercise Price: $75.00 | 54744 | 8 | 740 |
| **Total Call Options** |  |  | 7247 |
| **TOTAL PURCHASED OPTIONS (Cost $13,131)** |  |  | 7247 |

---

---

| | | |
|:---|:---|:---|
| **SHORT TERM INVESTMENTS - 0.2%** | **Shares** | **Value** |
| **Money Market Funds - 0.2%** | | |
| First American Government Obligations Fund - Class X, 3.60%<sup>(f)</sup> | 2178 | 2178 |
| **TOTAL SHORT TERM INVESTMENTS (Cost $2,178)** |  | 2178 |
| **TOTAL INVESTMENTS - 100.3% (Cost $1,013,131)** |  | $976372 |
| Liabilities in Excess of Other Assets - (0.3)% |  | (3156) |
| **TOTAL NET ASSETS - 100.0%** |  | $973216 |

---

Percentages are stated as a percent of net assets.

ADR American Depositary Receipt

(a) Non-income
 producing security.

(b) To
 the extent that the Fund invests more heavily in a particular industry or sector of the
 economy, its performance will be especially sensitive to developments that significantly
 affect those industries or sectors.

(c) Exchange-traded.

(d) 100
 shares per contract.

(e) Held
 in connection with written option contracts. See Schedule of Written Options Contracts
 for further information.

(f) The
 rate shown represents the 7-day annualized effective yield as of February 28, 2026.

**VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF** 

**Schedule of Written Options Contracts** 

**February 28, 2026 (Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| <br>**WRITTEN OPTIONS - (1.4)%<sup>(a)(b)</sup>** | **Notional**<br>**Amount** |<br>**Contracts** |<br>**Value** |
| **Call Options - (1.4)%** | | | |
| Advanced Micro Devices, Inc., Expiration: 3/20/2026; Exercise Price: $225.00 | $(20021) | (1) | $(241) |
| Alibaba Group Holding Ltd., Expiration: 3/20/2026; Exercise Price: $157.50 | (144110) | (10) | (2180) |
| Alphabet, Inc., Expiration: 3/20/2026; Exercise Price: $320.00 | (31143) | (1) | (555) |
| Amazon.com, Inc., Expiration: 3/20/2026; Exercise Price: $217.50 | (63000) | (3) | (1050) |
| American Airlines Group, Inc., Expiration: 3/20/2026; Exercise Price: $14.00 | (22219) | (17) | (603) |
| Baidu, Inc., Expiration: 3/20/2026; Exercise Price: $138.00 | (24888) | (2) | (247) |
| Corning, Inc., Expiration: 3/20/2026; Exercise Price: $175.00 | (45114) | (3) | (784) |
| Fiserv, Inc., Expiration: 3/20/2026; Exercise Price: $62.50 | (24916) | (4) | (1030) |
| JD.com, Inc., Expiration: 3/20/2026; Exercise Price: $28.50 | (39795) | (15) | (630) |
| Lyft, Inc., Expiration: 3/20/2026; Exercise Price: $14.00 | (17992) | (13) | (800) |
| NRG Energy, Inc., Expiration: 3/20/2026; Exercise Price: $192.50 | (35792) | (2) | (555) |
| NVIDIA Corp., Expiration: 3/20/2026; Exercise Price: $205.00 | (35438) | (2) | (202) |
| PDD Holdings, Inc., Expiration: 3/20/2026; Exercise Price: $110.00 | (31119) | (3) | (608) |
| QUALCOMM, Inc., Expiration: 3/20/2026; Exercise Price: $149.00 | (28472) | (2) | (383) |
| Taiwan Semiconductor Manufacturing Co. Ltd., Expiration: 3/20/2026; Exercise Price: $405.00 | (37458) | (1) | (453) |
| Uber Technologies, Inc., Expiration: 3/20/2026; Exercise Price: $76.00 | (37710) | (5) | (1198) |
| Vistra Corp., Expiration: 3/20/2026; Exercise Price: $182.50 | (34778) | (2) | (1020) |
| Whirlpool Corp., Expiration: 3/20/2026; Exercise Price: $72.50 | (54744) | (8) | (1180) |
| **Total Call Options** |  |  | (13719) |
| **TOTAL WRITTEN OPTIONS (Premiums received $22,894)** |  |  | $(13719) |

---

Percentages are stated as a percent of net assets.

(a) Exchange-traded.

(b) 100
shares per contract.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Tidal Trust III

- **b. Investment Company Act file number:** 811-23312

- **c. CIK number of Registrant:** 0001722388

- **d. LEI of Registrant:** 254900O7GV43AAUCM784

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

**Item A.2. Information about the Series.**

- **a. Name of Series:** VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF

- **b. EDGAR series identifier (if any):** S000100651

- **c. LEI of Series:** 254900C25X55MPK4VL49

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $986985.16

**Total Liabilities:** $13769.74

**Net Assets:** $973215.42

**Cash Not Reported:** $11940.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000270507 |  |  | -2.68%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $-30875.42                                 |

**Designated Index Information**

- **Index Name:** NYSE FANG+ Total Return Index

- **Index Identifier:** NYFANGT

### Schedule of Portfolio Investments

| Name                        | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc  | Advanced Micro Devices Inc                | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       164 | NS      | $32834.44     | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd   | Alibaba Group Holding Ltd                 | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |      1069 | NS      | $154053.59    | 15.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                | Alphabet Inc                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       161 | NS      | $50140.23     | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc              | Amazon.com Inc                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       352 | NS      | $73920.00     | 7.60%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc | American Airlines Group Inc               | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |      1703 | NS      | $22258.21     | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                   | Baidu Inc                                 | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |       267 | NS      | $33225.48     | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                 | Corning Inc                               | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |       353 | NS      | $53084.14     | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                  | Fiserv Inc                                | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |       425 | NS      | $26473.25     | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                  | JD.com Inc                                | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |      1537 | NS      | $40776.61     | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                    | Lyft Inc                                  | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |      1344 | NS      | $18600.96     | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc          | Meta Platforms Inc                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |        70 | NS      | $45372.60     | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp              | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |        91 | NS      | $35739.34     | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                         | AAL US 03/20/26 C14                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -17 | NC      | $-603.50      | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | AAL US 03/20/26 C14.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        17 | NC      | $399.50       | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | AMD US 03/20/26 C225                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -1 | NC      | $-241.50      | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | AMD US 03/20/26 C235                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $123.50       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | AMZN US 03/20/26 C217.5                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -3 | NC      | $-1050.00     | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | AMZN US 03/20/26 C227.5                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $351.00       | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | BABA US 03/20/26 C157.5                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-2180.00     | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | BABA US 03/20/26 C165                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        10 | NC      | $1215.00      | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | BIDU US 03/20/26 C138                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-247.00      | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | BIDU US 03/20/26 C144                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $132.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | FISV US 03/20/26 C62.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -4 | NC      | $-1030.00     | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | FISV US 03/20/26 C65                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         4 | NC      | $640.00       | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | GLW US 03/20/26 C175                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -3 | NC      | $-784.50      | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | GLW US 03/20/26 C185                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $468.00       | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | GOOG US 03/20/26 C320                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -1 | NC      | $-555.00      | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | GOOG US 03/20/26 C335                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $181.00       | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | JD US 03/20/26 C28.5                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-630.00      | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | JD US 03/20/26 C30                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        15 | NC      | $315.00       | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | LYFT US 03/20/26 C14                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -13 | NC      | $-799.50      | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | LYFT US 03/20/26 C14.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        13 | NC      | $513.50       | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | NRG US 03/20/26 C192.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-555.00      | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | NRG US 03/20/26 C202.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $310.00       | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | NVDA US 03/20/26 C205                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-202.00      | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | NVDA US 03/20/26 C212.5                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $114.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | PDD US 03/20/26 C110                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -3 | NC      | $-607.50      | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | PDD US 03/20/26 C115                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $306.00       | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | QCOM US 03/20/26 C155                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $153.00       | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | QUALCOMM Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-383.00      | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -1 | NC      | $-452.50      | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | TSM US 03/20/26 C425                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $188.50       | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | UBER US 03/20/26 C76                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -5 | NC      | $-1197.50     | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | UBER US 03/20/26 C80                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $477.50       | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | VST US 03/20/26 C182.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-1020.00     | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | VST US 03/20/26 C190                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $620.00       | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | WHR US 03/20/26 C72.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -8 | NC      | $-1180.00     | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | WHR US 03/20/26 C75                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         8 | NC      | $740.00       | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NRG Energy Inc              | NRG Energy Inc                            | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |       276 | NS      | $49392.96     | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                 | NVIDIA Corp                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       292 | NS      | $51739.48     | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc            | PDD Holdings Inc                          | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |       389 | NS      | $40350.97     | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                | QUALCOMM Inc                              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       271 | NS      | $38579.56     | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                        | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       158 | NS      | $59183.64     | 6.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc       | Uber Technologies Inc                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |       520 | NS      | $39218.40     | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                 | Vistra Corp                               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |       258 | NS      | $44863.62     | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp              | Whirlpool Corp                            | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |       835 | NS      | $57139.05     | 5.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-14

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer