# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-003088
**Filing Date:** 2026-2
**Character Count:** 37106
**Document Hash:** d235fd941ab761d9c04bda8bd8af1d37
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003088.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003088

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST III
- **CENTRAL INDEX KEY:** 0001537140

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22655
- **FILM NUMBER:** 26692975

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2621

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Swan Enhanced Dividend Income ETF (Series ID: S000083429)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000247041 | Swan Enhanced Dividend Income ETF | SCLZ            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST III

- **b. Investment Company Act file number:** 811-22655

- **c. CIK number of Registrant:** 0001537140

- **d. LEI of Registrant:** 549300PPUECJSQFBYV98

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Swan Enhanced Dividend Income ETF

- **b. EDGAR series identifier (if any):** S000083429

- **c. LEI of Series:** 5299001DE2UBOG6ZFJ48

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $16799889.47

**Total Liabilities:** $400700.88

**Net Assets:** $16399188.59

**Cash Not Reported:** $52374.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247041 | 1.83%                | -0.10%               | 0.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-18.81                  | $398562.86                                 |
| Month 2  | $5598.55                 | $-23663.37                                 |
| Month 3  | $4942.66                 | $-120341.66                                |

**Designated Index Information**

- **Index Name:** CBOE S&P 500 Buywrite Index (Close Price)

- **Index Identifier:** BXM-USD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories                   | ABBOTT LABS            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      1340 | NS      | $167888.60    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                           | ABBVIE INC             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      1450 | NS      | $331310.50    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.           | ADV MICRO DEVICE       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      1653 | NS      | $354006.48    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                         | ALPHABET INC-A         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2558 | NS      | $800654.00    | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                    | ALTRIA GROUP INC       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      1155 | NS      | $66597.30     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                      | AMAZON.COM INC         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2762 | NS      | $637524.84    | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co, Inc.      | AMERICAN ELECTRI       | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       733 | NS      | $84522.23     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                            | APPLE INC              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4010 | NS      | $1090158.60   | 6.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.       | AUTOMATIC DATA         | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       569 | NS      | $146363.87    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.               | BERKSHIRE HATH-B       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       897 | NS      | $450877.05    | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                          | BROADCOM INC           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1850 | NS      | $640285.00    | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                       | CBRE GROUP INC-A       | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       100 | NS      | $16079.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                         | CHEVRON CORP           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       788 | NS      | $120099.08    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                   | CISCO SYSTEMS          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      4929 | NS      | $379680.87    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                    | COCA-COLA CO/THE       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      3376 | NS      | $236016.16    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.            | CONSTELLATION EN       | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       374 | NS      | $132122.98    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                           | CORTEVA INC            | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |       495 | NS      | $33179.85     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                       | DEERE & CO             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       333 | NS      | $155034.81    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                      | DUKE ENERGY CORP       | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1299 | NS      | $152255.79    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                           | ECOLAB INC             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       174 | NS      | $45678.48     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                         | EQUINIX INC            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       111 | NS      | $85043.76     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                     | EXXON MOBIL CORP       | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      2366 | NS      | $284724.44    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                    | META PLATFORMS-A       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1045 | NS      | $689794.05    | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.             | FRST AM-GV OB-X        | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    459002 | PA      | $459001.85    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                          | GENERAL ELECTRIC       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1319 | NS      | $406291.57    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                       | HOME DEPOT INC         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       754 | NS      | $259451.40    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.          | HONEYWELL INTL         | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       825 | NS      | $160949.25    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp. | IBM                    | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1453 | NS      | $430393.13    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                            | INTUIT INC             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       192 | NS      | $127184.64    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                  | JPMORGAN CHASE         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      1858 | NS      | $598684.76    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                     | JOHNSON&JOHNSON        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1896 | NS      | $392377.20    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                       | ELI LILLY & CO         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       643 | NS      | $691019.24    | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                 | LOWE'S COS INC         | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       991 | NS      | $238989.56    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated               | MASTERCARD INC-A       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       569 | NS      | $324830.72    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                      | MCDONALDS CORP         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       298 | NS      | $91077.74     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                       | MICROSOFT CORP         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1781 | NS      | $861327.22    | 5.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                         | NETFLIX INC            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2451 | NS      | $229805.76    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                          | NVIDIA CORP            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      5007 | NS      | $933805.50    | 5.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                            | ONEOK INC              | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |       338 | NS      | $24843.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                          | ORACLE CORP            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      1385 | NS      | $269950.35    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc             | PALANTIR TECHN-A       | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      2251 | NS      | $400115.25    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.      | PHILIP MORRIS IN       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1052 | NS      | $168740.80    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation           | PROGRESSIVE CORP       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       872 | NS      | $198571.84    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                             | RTX CORP               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      1279 | NS      | $234568.60    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corporation             | REALTY INCOME          | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      1084 | NS      | $61105.08     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                        | SERVICENOW INC         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       500 | NS      | $76595.00     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company          | SHERWIN-WILLIAMS       | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |       161 | NS      | $52168.83     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc.      | SOLSTICE ADV MAT       | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |       100 | NS      | $4858.00      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                | TJX COS INC            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       703 | NS      | $107987.83    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                             | TESLA INC              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       750 | NS      | $337290.00    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                 | UBER TECHNOLOGIE       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      2783 | NS      | $227398.93    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                              | VISA INC-CLASS A       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1150 | NS      | $403316.50    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                           | WALMART INC            | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      2682 | NS      | $298801.62    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                     | WELLS FARGO & CO       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      2441 | NS      | $227501.20    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                        | WELLTOWER INC          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |       727 | NS      | $134938.47    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)         | WILLIAMS COS INC       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       675 | NS      | $40574.25     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AAPL US 03/20/26 C290  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -40 | NC      | $-19308.25    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ABBV US 02/20/26 C250  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -14 | NC      | $-2418.13     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ABT US 03/20/26 C135   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -13 | NC      | $-2181.61     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ADP US 02/20/26 C270   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -5 | NC      | $-2046.37     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | AEP US 03/20/26 C125   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -7 | NC      | $-742.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | AMD US 02/20/26 C240   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -16 | NC      | $-12440.52    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | AMZN US 02/20/26 C250  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -27 | NC      | $-13417.99    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | BRKB US 04/17/26 C540  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -8 | NC      | $-4774.98     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CBRE US 03/20/26 C170  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-370.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CEG US 01/16/26 C380   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-1032.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CSCO US 02/20/26 C85   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -49 | NC      | $-2902.63     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CTVA US 02/20/26 C70   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -4 | NC      | $-620.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | DE US 03/20/26 C520    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-1725.26     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | DUK US 04/17/26 C120   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -12 | NC      | $-3581.58     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ECL US 01/16/26 C290   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-0.69        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | EQIX US 03/20/26 C800  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-2294.85     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                             | LINDE PLC              | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       330 | NS      | $140708.70    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | GE US 02/20/26 C320    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -13 | NC      | $-12969.05    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | GOOGL US 02/20/26 C335 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -25 | NC      | $-20190.27    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | HD US 03/20/26 C380    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -7 | NC      | $-3000.31     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | HON US 02/20/26 C210   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -8 | NC      | $-1530.28     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | IBM US 02/20/26 C320   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -14 | NC      | $-7463.19     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | INTU US 03/20/26 C710  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-2010.98     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | JNJ US 04/17/26 C230   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -18 | NC      | $-3441.28     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | JPM US 05/15/26 C340   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -18 | NC      | $-21143.36    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | KO US 03/20/26 C75     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -33 | NC      | $-1741.37     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | LIN US 03/20/26 C450   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-2700.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | LLY US 02/20/26 C1160  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -6 | NC      | $-15081.68    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | LOW US 03/20/26 C260   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -9 | NC      | $-4410.00     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MA US 03/20/26 C580    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -5 | NC      | $-9761.03     | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MCD US 03/20/26 C325   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -2 | NC      | $-736.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | META US 02/20/26 C675  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -10 | NC      | $-29000.00    | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MO US 03/20/26 C62.5   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -11 | NC      | $-569.47      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MSFT US 02/20/26 C500  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -17 | NC      | $-21145.85    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | NFLX US 02/20/26 C100  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -24 | NC      | $-7272.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | NVDA US 03/20/26 C200  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -50 | NC      | $-49694.85    | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | O US 03/20/26 C60      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -10 | NC      | $-380.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | OKE US 03/20/26 C75    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-866.17      | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ORCL US 03/20/26 C210  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -13 | NC      | $-17082.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | PGR US 02/20/26 C240   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -8 | NC      | $-2318.97     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | PLTR US 02/20/26 C180  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -22 | NC      | $-30533.35    | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | PM US 02/20/26 C165    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -10 | NC      | $-4764.80     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | RTX US 03/20/26 C190   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -12 | NC      | $-7260.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | SHW US 03/20/26 C360   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-211.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | SOLS US 01/16/26 C50   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-32.04       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | TJX US 01/16/26 C150   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -7 | NC      | $-3283.30     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | TSLA US 01/16/26 C475  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -7 | NC      | $-4498.66     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | V US 02/20/26 C350     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -11 | NC      | $-12409.14    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | WFC US 01/16/26 C90    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -24 | NC      | $-11018.86    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | WMB US 02/20/26 C65    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -6 | NC      | $-407.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | WMT US 02/20/26 C115   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -26 | NC      | $-7471.19     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | XOM US 02/20/26 C125   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -23 | NC      | $-3895.76     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST III

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer