# EDGAR Filing Document

**Accession Number:** 0000893818
**File Stem:** 0001752724-25-204419
**Filing Date:** 2025-8
**Character Count:** 16974
**Document Hash:** 8e70cff679ba5be937d53c4b8f3b71bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204419.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204419

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Funds III
- **CENTRAL INDEX KEY:** 0000893818

**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:** 811-07332
- **FILM NUMBER:** 251254564

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 8006439691

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS GLOBAL INVESTORS FUNDS
- **DATE OF NAME CHANGE:** 20060201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS GLOBAL INVESTORS FUNDS INC
- **DATE OF NAME CHANGE:** 19990804

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASTERWORKS FUNDS INC
- **DATE OF NAME CHANGE:** 19960607

## Series and Classes Contracts Data

### BlackRock LifePath Dynamic 2055 Fund (Series ID: S000029262)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000089962 | Investor A Shares    | LPVAX           |
| C000089963 | Investor C Shares    | LPVCX           |
| C000089964 | Institutional Shares | LPVIX           |
| C000089965 | Class K Shares       | LPVKX           |
| C000089966 | Class R Shares       | LPVRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Funds III

- **b. Investment Company Act file number:** 811-07332

- **c. CIK number of Registrant:** 0000893818

- **d. LEI of Registrant:** 5493008LW2651I1QB503

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock LifePath Dynamic 2055 Fund

- **b. EDGAR series identifier (if any):** S000029262

- **c. LEI of Series:** 549300YFKPVPTYCA4I95

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $300613153.74

**Total Liabilities:** $36975150.88

**Net Assets:** $263638002.86

**Cash Not Reported:** $2344455.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089966 | 0.54%                | 5.51%                | 4.52%                |
| Class ID C000089965 | 0.52%                | 5.62%                | 4.59%                |
| Class ID C000089963 | 0.44%                | 5.48%                | 4.52%                |
| Class ID C000089964 | 0.53%                | 5.58%                | 4.54%                |
| Class ID C000089962 | 0.53%                | 5.53%                | 4.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1089974.23              | $-305611.91                                |
| Month 2  | $-638639.96              | $11271084.62                               |
| Month 3  | $2090.84                 | $9407087.12                                |

**Designated Index Information**

- **Index Name:** LifePath Dynamic Custom Benchmark - 2055

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Barclays Bank PLC                                                  | PURCHASED EUR / SOLD USD                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | XX        |         1 | NC      | $143423.50    | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES                     | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  16592320 | NS      | $16592320.19  | 6.29%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Broad USD Investment Grade Corporate Bond ETF              | iShares Broad USD Investment Grade Corporate Bond ETF | CUSIP: 464288620<br>LEI: 5493004QFMCNV0WLX398 | Long             | EC               | RF                | US        |     68862 | NS      | $3542261.28   | 1.34%             |  |  |  | No            | 1                  | On Loan: —       |
| JPMorgan Chase Bank NA                                             | PURCHASED CAD / SOLD USD                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | CA        |         1 | NC      | $26928.20     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | SP500 MIC EMIN FUTSEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       555 | NC      | $422069.64    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Tactical Opportunities Fund                              | BlackRock Tactical Opportunities Fund                 | CUSIP: 09258N570<br>LEI: 6FFMMI3AGWZH5SDXSF05 | Long             | EC               | RF                | US        |    758021 | NS      | $11711420.08  | 4.44%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Diversified Fixed Income Fund                            | BlackRock Diversified Fixed Income Fund               | CUSIP: 09260W584<br>LEI: 549300SEQK2DPV0R7O94 | Long             | EC               | RF                | US        |    381687 | NS      | $3614573.94   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Barclays Bank PLC                                                  | PURCHASED USD / SOLD EUR                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-3730.08     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | S+P500 EMINI FUT SEP25                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        16 | NC      | $121167.60    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares MSCI EAFE Small-Cap ETF                                    | iShares MSCI EAFE Small-Cap ETF                       | CUSIP: 464288273<br>LEI: 549300MJV5OZGVS4LX86 | Long             | EC               | RF                | US        |     80656 | NS      | $5862078.08   | 2.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Morgan Stanley & Co. International PLC                             | PURCHASED AUD / SOLD USD                              | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | AU        |         1 | NC      | $80635.36     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                             | PURCHASED JPY / SOLD USD                              | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | JP        |         1 | NC      | $1411.34      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                                  | PURCHASED JPY / SOLD USD                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | JP        |         1 | NC      | $-38497.44    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | NASDAQ 100 E-MINI SEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       -17 | NC      | $-252558.83   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Funds III                                                | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  18161667 | NS      | $18168931.51  | 6.89%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase Bank NA                                             | PURCHASED JPY / SOLD EUR                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-367622.49   | -0.14%            |  |  |  | No            | 2                  | On Loan: No      |
| ICE Futures U.S., Inc.                                             | MSCI EMGMKT SEP25                                     | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        44 | NC      | $77926.79     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures U.S., Inc.                                             | MSCI EAFE SEP25                                       | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        25 | NC      | $51050.20     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Russell 2000 ETF                                           | iShares Russell 2000 ETF                              | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |      9495 | NS      | $2048926.05   | 0.78%             |  |  |  | No            | 1                  | On Loan: —       |
| JPMorgan Chase Bank NA                                             | PURCHASED CAD / SOLD USD                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | CA        |         1 | NC      | $22002.94     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                             | PURCHASED EUR / SOLD USD                              | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | XX        |         1 | NC      | $11421.86     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| MASTER INVESTMENT PORTFOLIO - International Tilts Master Portfolio | International Tilts Master Portfolio                  | CUSIP: 000000000<br>LEI: 5493004HUP3600ZFJ783 | Long             | EC               | RF                | US        |   1748199 | NS      | $37714772.92  | 14.31%            |  |  |  | No            | N/A                | On Loan: No      |
| Chicago Board of Trade                                             | US 10YR NOTE (CBT)SEP25                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        60 | NC      | $133955.53    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Real Estate Securities Fund                              | BlackRock Real Estate Securities Fund                 | CUSIP: 091936583<br>LEI: 549300619RPPBQL8JR35 | Long             | EC               | RF                | US        |    128519 | NS      | $1931647.60   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Core MSCI International Developed Markets ETF              | iShares Core MSCI International Developed Markets ETF | CUSIP: 46435G326<br>LEI: 549300LRJOM3FVVFKB50 | Long             | EC               | RF                | US        |    244032 | NS      | $18556193.28  | 7.04%             |  |  |  | No            | 1                  | On Loan: —       |
| The Montreal Exchange / Bourse De Montreal                         | S+P/TSX 60 IX FUT SEP25                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |        17 | NC      | $33497.22     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Osaka Exchange                                                     | TOPIX INDX FUTR SEP25                                 | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |        24 | NC      | $102050.55    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                             | US ULTRA BOND CBT SEP25                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -13 | NC      | $-71885.12    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF                             | iShares Core MSCI Emerging Markets ETF                | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |    459858 | NS      | $27605275.74  | 10.47%            |  |  |  | No            | 1                  | On Loan: —       |
| DIVERSIFIED EQUITY MASTER                                          | DIVERSIFIED EQUITY MASTER MUTUAL FUNDS                | CUSIP: 999113103<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1661743 | NS      | $129926996.32 | 49.28%            |  |  |  | No            | N/A                | On Loan: No      |
| iShares MSCI Canada ETF                                            | iShares MSCI Canada ETF                               | CUSIP: 464286509<br>LEI: 549300DXCD53F4JK3H45 | Long             | EC               | RF                | US        |     33669 | NS      | $1555507.80   | 0.59%             |  |  |  | No            | 1                  | On Loan: —       |
| Chicago Mercantile Exchange                                        | E-MINI RUSS 2000 SEP25                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        76 | NC      | $127513.54    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                             | PURCHASED AUD / SOLD USD                              | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | AU        |         1 | NC      | $9226.69      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                             | PURCHASED JPY / SOLD EUR                              | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | JP        |         1 | NC      | $-2433.66     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** BlackRock Funds III

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer