# EDGAR Filing Document

**Accession Number:** 0000893818
**File Stem:** 0001752724-25-204416
**Filing Date:** 2025-8
**Character Count:** 9263
**Document Hash:** d20fa888f9a67fd3df3483054b8126be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204416.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204416

**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:** 251254561

**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 INDEX 2040 FUND (Series ID: S000032780)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000101149 | Investor A           |  |
| C000101150 | Institutional Shares |  |
| C000101151 | Class K Shares       |  |
| C000201973 | Investor P Shares    |  |

## 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 Index 2040 Fund

- **b. EDGAR series identifier (if any):** S000032780

- **c. LEI of Series:** 549300D3W6QEVX9GFS91

**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:** $13828420128.21

**Total Liabilities:** $130217311.54

**Net Assets:** $13698202816.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000101149 | 0.39%                | 3.96%                | 3.76%                |
| Class ID C000101150 | 0.44%                | 3.95%                | 3.80%                |
| Class ID C000101151 | 0.44%                | 3.95%                | 3.80%                |
| Class ID C000201973 | 0.39%                | 3.96%                | 3.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4708934.30              | $33756053.68                               |
| Month 2  | $-43074606.79            | $541792076.50                              |
| Month 3  | $72566352.06             | $353599100.64                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| iShares US Securitized Bond Index Fund/BlackRock             | iShares US Securitized Bond Index Fund/BlackRock             | CUSIP: 09260J575<br>LEI: 549300IX2EU4EA7H6U85 | Long             | EC               | RF                | US        |  88704878 | NS      | $842696338.94  | 6.15%             |  |  |  | No            | 1                  | 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        |  26060746 | NS      | $26060746.39   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Global Infrastructure ETF                            | iShares Global Infrastructure ETF                            | CUSIP: 464288372<br>LEI: 549300ZC2N3HUK3DTK30 | Long             | EC               | RF                | US        |   4638424 | NS      | $274594700.80  | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares US Intermediate Government Bond Index Fund/BlackRock | iShares US Intermediate Government Bond Index Fund/BlackRock | CUSIP: 09260J583<br>LEI: 549300ZFZHEO4YPOXJ51 | Long             | EC               | RF                | US        |  88655236 | NS      | $883892705.57  | 6.45%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Funds III                                          | BlackRock Cash Funds: Institutional, SL Agency Shares        | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  63543442 | NS      | $63568859.18   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| SMALL CAP LIFEPATH                                           | SMALL CAP LIFEPATH MUTUAL FUND                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   8114328 | NS      | $255136368.02  | 1.86%             |  |  |  | No            | N/A                | On Loan: No      |
| iShares Core MSCI Total International Stock ETF              | iShares Core MSCI Total International Stock ETF              | CUSIP: 46432F834<br>LEI: 5493000KJHTQW5I5L936 | Long             | EC               | RF                | US        |  48376710 | NS      | $3740003450.10 | 27.30%            |  |  |  | No            | 1                  | On Loan: —       |
| RUSSEL 1000 LIFEPATH                                         | RUSSEL 1000 LIFEPATH MUTUAL FUND                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |  99356257 | NS      | $5787551630.26 | 42.25%            |  |  |  | No            | N/A                | On Loan: No      |
| iShares US Intermediate Credit Bond Index Fund/BlackRock     | iShares US Intermediate Credit Bond Index Fund/BlackRock     | CUSIP: 09260J617<br>LEI: 549300O3MDOP8OY9ZD36 | Long             | EC               | RF                | US        |  52495346 | NS      | $532302810.36  | 3.89%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares FTSE NAREIT All Equity REITs Index Fund              | iShares FTSE NAREIT All Equity REITs Index Fund              | CUSIP: 09260J492<br>LEI: 5299003R7QVUX5J8F342 | Long             | EC               | RF                | US        |  47506882 | NS      | $450840312.39  | 3.29%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares US Long Credit Bond Index Fund/BlackRock             | iShares US Long Credit Bond Index Fund/BlackRock             | CUSIP: 09260J625<br>LEI: 549300KVJ2QNPSCQ7553 | Long             | EC               | RF                | US        |  48863026 | NS      | $440744496.09  | 3.22%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares US Long Government Bond Index Fund/BlackRock         | iShares US Long Government Bond Index Fund/BlackRock         | CUSIP: 09260J591<br>LEI: 5493000M7EEG1SN8TY84 | Long             | EC               | RF                | US        |  53184751 | NS      | $412181816.50  | 3.01%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares 0-5 Year TIPS Bond ETF                               | iShares 0-5 Year TIPS Bond ETF                               | CUSIP: 46429B747<br>LEI: 549300GIWSEGOQLZR212 | Long             | EC               | RF                | US        |    422779 | NS      | $43508186.89   | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |

### Signature

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

**Name of Applicant:** BlackRock Funds III

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer