# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-002543
**Filing Date:** 2026-6
**Character Count:** 50142
**Document Hash:** 504c59d9ab81c338bcb61b92ade6d114
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002543.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002000324-26-002543

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**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:** 261120404

**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 Berkshire Select Income ETF (Series ID: S000090687)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000257971 | VistaShares Target 15 Berkshire Select Income ETF | OMAH            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **VistaShares Target 15 Berkshire Select Income ETF** | **VistaShares Target 15 Berkshire Select Income ETF** | **VistaShares Target 15 Berkshire Select Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **April 30, 2026 (Unaudited)** | **April 30, 2026 (Unaudited)** | **April 30, 2026 (Unaudited)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**COMMON STOCKS - 99.5%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Banking - 4.6%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp. | 651852 | $34848008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staple Products - 12.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. | 477805 | 37631922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands, Inc. - Class A | 138596 | 21701362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co. | 1361164 | 30843976 |
|  |  | 90177260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financial Services - 20.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express Co. | 193515 | 62515021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp. | 70308 | 13449920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | 39818 | 20025268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moody's Corp. | 72416 | 33445330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | 81200 | 26783008 |
|  |  | 156218547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care - 7.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc.<sup>(a)</sup> | 217039 | 33671430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 49724 | 18421748 |
|  |  | 52093178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Insurance - 13.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. - Class B<sup>(a)</sup> | 142152 | 67323187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chubb Ltd. | 96586 | 31583622 |
|  |  | 98906809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Media - 13.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | 103315 | 39755612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Holdings, Inc. | 1199112 | 32304077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc. | 99405 | 26706148 |
|  |  | 98765837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Oil & Gas - 10.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp. | 179620 | 34722342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp. | 721216 | 43691265 |
|  |  | 78413607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail & Wholesale - Discretionary - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.<sup>(a)</sup> | 114154 | 30257659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Retail & Wholesale - Staples - 4.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kroger Co. | 450565 | 30669960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Tech Hardware & Semiconductors - 10.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 275060 | $74637531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL COMMON STOCKS (Cost $680,493,193)** |  | 744988396 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**PURCHASED OPTIONS - 1.1%<sup>(a)(b)(c)(d)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Call Options - 1.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Expiration: 5/1/2026; Exercise Price: $360.00 | 39365040 | 1023 | 2549827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Expiration: 5/1/2026; Exercise Price: $357.50 | 1346800 | 35 | 97912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc., Expiration: 5/1/2026; Exercise Price: $270.00 | 29792744 | 1124 | 87110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc., Expiration: 5/1/2026; Exercise Price: $257.50 | 450602 | 17 | 13940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express Co., Expiration: 5/1/2026; Exercise Price: $322.50 | 62510175 | 1935 | 523417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc., Expiration: 5/1/2026; Exercise Price: $282.50 | 74621250 | 2750 | 418000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., Expiration: 5/1/2026; Exercise Price: $55.00 | 34845228 | 6518 | 3259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Expiration: 5/1/2026; Exercise Price: $487.50 | 710400 | 15 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Expiration: 5/1/2026; Exercise Price: $480.00 | 66588160 | 1406 | 52022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp., Expiration: 5/1/2026; Exercise Price: $197.50 | 153040 | 8 | 80 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp., Expiration: 5/8/2026; Exercise Price: $207.50 | 13295350 | 695 | 50387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp., Expiration: 5/1/2026; Exercise Price: $197.50 | 367289 | 19 | 2337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp., Expiration: 5/1/2026; Exercise Price: $192.50 | 34351187 | 1777 | 559755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chubb Ltd., Expiration: 5/15/2026; Exercise Price: $355.00 | 31555500 | 965 | 77200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co., Expiration: 5/1/2026; Exercise Price: $79.00 | 37229852 | 4727 | 115812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co., Expiration: 5/8/2026; Exercise Price: $80.00 | 401676 | 51 | 1938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands, Inc., Expiration: 5/8/2026; Exercise Price: $165.00 | 21686330 | 1385 | 58862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc., Expiration: 5/15/2026; Exercise Price: $165.00 | 33665380 | 2170 | 878850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co., Expiration: 5/1/2026; Exercise Price: $23.00 | 30842526 | 13611 | 47639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kroger Co., Expiration: 5/1/2026; Exercise Price: $71.00 | 30345606 | 4458 | 160488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kroger Co., Expiration: 5/1/2026; Exercise Price: $69.00 | 319929 | 47 | 964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., Expiration: 5/1/2026; Exercise Price: $522.50 | 201168 | 4 | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., Expiration: 5/1/2026; Exercise Price: $515.00 | 19815048 | 394 | 18715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moody's Corp., Expiration: 5/15/2026; Exercise Price: $490.00 | 369480 | 8 | 1420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moody's Corp., Expiration: 5/15/2026; Exercise Price: $480.00 | 33068460 | 716 | 259550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp., Expiration: 5/1/2026; Exercise Price: $59.00 | 43229888 | 7136 | 1230960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp., Expiration: 5/8/2026; Exercise Price: $61.00 | 460408 | 76 | 13414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Holdings, Inc., Expiration: 5/1/2026; Exercise Price: $28.00 | 630396 | 234 | 819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Holdings, Inc., Expiration: 5/8/2026; Exercise Price: $28.50 | 31673358 | 11757 | 252776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc., Expiration: 5/1/2026; Exercise Price: $375.00 | 17708944 | 478 | 32743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc., Expiration: 5/8/2026; Exercise Price: $385.00 | 185240 | 5 | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc., Expiration: 5/8/2026; Exercise Price: $370.00 | 518672 | 14 | 8750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc., Expiration: 5/15/2026; Exercise Price: $300.00 | 25979422 | 967 | 74943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc., Expiration: 5/15/2026; Exercise Price: $290.00 | 725382 | 27 | 3240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc., Expiration: 5/1/2026; Exercise Price: $332.50 | 25760504 | 781 | 84348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc., Expiration: 5/1/2026; Exercise Price: $322.50 | 1022504 | 31 | 25730 |
|  |  |  | 7708117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL PURCHASED OPTIONS (Cost $5,651,852)** |  |  | 7708117 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 1.1%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Money Market Funds - 1.1%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 3.56%<sup>(e)</sup> | 8296368 | $8296368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $8,296,368)** |  | 8296368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 101.7% (Cost $694,441,413)** |  | $760992881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities in Excess of Other Assets - (1.7)% |  | (12481645) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $748511236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

(b) Exchange-traded.

(c) 100 shares per contract.

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

(e) The rate shown represents the 7-day annualized effective yield as of April 30, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **VistaShares Target 15 Berkshire Select Income ETF** | **VistaShares Target 15 Berkshire Select Income ETF** | **VistaShares Target 15 Berkshire Select Income ETF** | **VistaShares Target 15 Berkshire Select Income ETF** |
| **Schedule of Written Options Contracts** | **Schedule of Written Options Contracts** | **Schedule of Written Options Contracts** | **Schedule of Written Options Contracts** |
| **April 30, 2026 (Unaudited)** | **April 30, 2026 (Unaudited)** | **April 30, 2026 (Unaudited)** | **April 30, 2026 (Unaudited)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**WRITTEN OPTIONS - (1.9)%<sup>(a)(b)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Call Options - (1.9)%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Expiration: 5/1/2026; Exercise Price: $355.00 | $(38403040) | (998) | $(2969050) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Expiration: 5/1/2026; Exercise Price: $350.00 | (1346800) | (35) | (121713) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc., Expiration: 5/1/2026; Exercise Price: $267.50 | (29792744) | (1124) | (161856) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc., Expiration: 5/1/2026; Exercise Price: $252.50 | (450602) | (17) | (21718) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express Co., Expiration: 5/1/2026; Exercise Price: $320.00 | (678405) | (21) | (9135) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Express Co., Expiration: 5/1/2026; Exercise Price: $317.50 | (61831770) | (1914) | (1239315) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc., Expiration: 5/1/2026; Exercise Price: $277.50 | (74621250) | (2750) | (770000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., Expiration: 5/1/2026; Exercise Price: $54.00 | (33530112) | (6272) | (59584) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., Expiration: 5/1/2026; Exercise Price: $53.00 | (1315116) | (246) | (15990) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Expiration: 5/1/2026; Exercise Price: $482.50 | (710400) | (15) | (255) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Expiration: 5/1/2026; Exercise Price: $472.50 | (66588160) | (1406) | (448514) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp., Expiration: 5/1/2026; Exercise Price: $195.00 | (153040) | (8) | (260) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp., Expiration: 5/8/2026; Exercise Price: $202.50 | (13295350) | (695) | (33012) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp., Expiration: 5/1/2026; Exercise Price: $195.00 | (367289) | (19) | (3753) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp., Expiration: 5/1/2026; Exercise Price: $187.50 | (34351187) | (1777) | (1208360) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chubb Ltd., Expiration: 5/15/2026; Exercise Price: $335.00 | (31555500) | (965) | (253312) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co., Expiration: 5/1/2026; Exercise Price: $78.00 | (37229852) | (4727) | (439611) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co., Expiration: 5/8/2026; Exercise Price: $79.00 | (401676) | (51) | (3952) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands, Inc., Expiration: 5/8/2026; Exercise Price: $160.00 | (21686330) | (1385) | (173125) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc., Expiration: 5/15/2026; Exercise Price: $155.00 | (33665380) | (2170) | (1616650) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co., Expiration: 5/1/2026; Exercise Price: $22.50 | (30842526) | (13611) | (285831) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kroger Co., Expiration: 5/1/2026; Exercise Price: $69.00 | (30345606) | (4458) | (91389) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kroger Co., Expiration: 5/1/2026; Exercise Price: $68.00 | (319929) | (47) | (2820) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., Expiration: 5/1/2026; Exercise Price: $517.50 | (201168) | (4) | (190) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., Expiration: 5/1/2026; Exercise Price: $510.00 | (19815048) | (394) | (51220) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moody's Corp., Expiration: 5/15/2026; Exercise Price: $470.00 | (369480) | (8) | (5600) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moody's Corp., Expiration: 5/15/2026; Exercise Price: $460.00 | (33068460) | (716) | (826980) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp., Expiration: 5/1/2026; Exercise Price: $58.00 | (43229888) | (7136) | (1844656) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp., Expiration: 5/8/2026; Exercise Price: $60.00 | (460408) | (76) | (16910) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Holdings, Inc., Expiration: 5/1/2026; Exercise Price: $27.50 | (630396) | (234) | (1638) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Holdings, Inc., Expiration: 5/8/2026; Exercise Price: $27.50 | (31673358) | (11757) | (340953) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc., Expiration: 5/1/2026; Exercise Price: $365.00 | (17708944) | (478) | (325040) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc., Expiration: 5/8/2026; Exercise Price: $375.00 | (185240) | (5) | (1888) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc., Expiration: 5/8/2026; Exercise Price: $360.00 | (518672) | (14) | (18725) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc., Expiration: 5/15/2026; Exercise Price: $280.00 | (25979422) | (967) | (232080) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc., Expiration: 5/15/2026; Exercise Price: $270.00 | (725382) | (27) | (15930) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc., Expiration: 5/1/2026; Exercise Price: $325.00 | (25760504) | (781) | (456885) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc., Expiration: 5/1/2026; Exercise Price: $317.50 | (1022504) | (31) | (40300) |
|  |  |  | (14108200) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL WRITTEN OPTIONS (Premiums received $10,569,375)** |  |  | (14108200) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(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 Berkshire Select Income ETF

- **b. EDGAR series identifier (if any):** S000090687

- **c. LEI of Series:** 2549008FILVA5TLCC693

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $762999106.23

**Total Liabilities:** $14393226.91

**Net Assets:** $748605879.32

**Cash Not Reported:** $785062.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000257971 | 1.38%                | -0.46%               | 4.59%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2121070.25              | $12463455.71                               |
| Month 2  | $0.00                    | $-9127273.55                               |
| Month 3  | $-1464140.22             | $40463917.30                               |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    105815 | NS      | $40717612.00  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    114154 | NS      | $30257659.24  | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    193515 | NS      | $62515020.75  | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    275060 | NS      | $74637531.00  | 9.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    651852 | NS      | $34848007.92  | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    142152 | NS      | $67323187.20  | 8.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     70308 | NS      | $13449920.40  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179620 | NS      | $34722342.20  | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd                                  | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |     96586 | NS      | $31583622.00  | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    477805 | NS      | $37631921.80  | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc       | Constellation Brands Inc                   | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    138596 | NS      | $21701361.68  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc                     | DaVita Inc                                 | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |    217039 | NS      | $33671430.46  | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   8296368 | NS      | $8296367.86   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The             | Kraft Heinz Co/The                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |   1361164 | NS      | $30843976.24  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                  | Kroger Co/The                              | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |    450565 | NS      | $30669959.55  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     39818 | NS      | $20025268.56  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                   | Moody's Corp                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     72416 | NS      | $33445329.60  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp      | Occidental Petroleum Corp                  | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |    721216 | NS      | $43691265.28  | 5.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius XM Holdings Inc         | Sirius XM Holdings Inc                     | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1199112 | NS      | $32304077.28  | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     49724 | NS      | $18421747.52  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                   | VeriSign Inc                               | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     99405 | NS      | $26706147.30  | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     81200 | NS      | $26783008.00  | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Apple Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -2750 | NC      | $-770000.00   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Apple Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2750 | NC      | $418000.00    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Berkshire Hathaway Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1406 | NC      | $-448514.00   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Berkshire Hathaway Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1406 | NC      | $52022.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coca-Cola Co/The                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -4727 | NC      | $-439611.00   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coca-Cola Co/The                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4727 | NC      | $115811.50    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Alphabet Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -35 | NC      | $-121712.50   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Alphabet Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1023 | NC      | $-3043425.00  | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amazon.com Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1124 | NC      | $-161856.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AMZN US 05/01/26 C252.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -17 | NC      | $-21717.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AMZN US 05/01/26 C257.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        17 | NC      | $13940.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AMZN US 05/01/26 C270                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1124 | NC      | $87110.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AXP US 05/01/26 C317.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1914 | NC      | $-1239315.00  | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AXP US 05/01/26 C320                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -21 | NC      | $-9135.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AXP US 05/01/26 C322.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1935 | NC      | $523417.50    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BAC US 05/01/26 C53                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -246 | NC      | $-15990.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BAC US 05/01/26 C54                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -6272 | NC      | $-59584.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BAC US 05/01/26 C55                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      6518 | NC      | $3259.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BRKB US 05/01/26 C482.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-255.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BRKB US 05/01/26 C487.5                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        15 | NC      | $180.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CB US 05/15/26 C335                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -965 | NC      | $-253312.50   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CB US 05/15/26 C355                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       965 | NC      | $77200.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | COF US 05/01/26 C195                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -8 | NC      | $-260.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | COF US 05/01/26 C197.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         8 | NC      | $80.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | COF US 05/08/26 C202.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -695 | NC      | $-33012.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | COF US 05/08/26 C207.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       695 | NC      | $50387.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CVX US 05/01/26 C187.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1777 | NC      | $-1208360.00  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CVX US 05/01/26 C192.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1777 | NC      | $559755.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CVX US 05/01/26 C195                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -19 | NC      | $-3752.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CVX US 05/01/26 C197.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        19 | NC      | $2337.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | DVA US 05/15/26 C155                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -2170 | NC      | $-1616650.00  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | DVA US 05/15/26 C165                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2170 | NC      | $878850.00    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GOOGL US 05/01/26 C357.5                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        35 | NC      | $97912.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GOOGL US 05/01/26 C360                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1023 | NC      | $2549827.50   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KHC US 05/01/26 C22.5                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -13611 | NC      | $-285831.00   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KHC US 05/01/26 C23                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     13611 | NC      | $47638.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KO US 05/01/26 C81                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -51 | NC      | $-76.50       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KO US 05/01/26 C82                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        51 | NC      | $25.50        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KR US 05/01/26 C68                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -47 | NC      | $-2820.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KR US 05/01/26 C69                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -4458 | NC      | $-91389.00    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KR US 05/01/26 C69                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        47 | NC      | $963.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KR US 05/01/26 C71                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4458 | NC      | $160488.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MA US 05/01/26 C515                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       394 | NC      | $18715.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MA US 05/01/26 C517.5                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -4 | NC      | $-190.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MA US 05/01/26 C522.5                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         4 | NC      | $100.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MCO US 05/15/26 C460                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -716 | NC      | $-826980.00   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MCO US 05/15/26 C470                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -8 | NC      | $-5600.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MCO US 05/15/26 C480                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       716 | NC      | $259550.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MCO US 05/15/26 C490                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         8 | NC      | $1420.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | OXY US 05/01/26 C58                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -7136 | NC      | $-1844656.00  | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | OXY US 05/01/26 C59                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7136 | NC      | $1230960.00   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | OXY US 05/08/26 C60                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -76 | NC      | $-16910.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | OXY US 05/08/26 C61                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        76 | NC      | $13414.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIRI US 05/01/26 C27.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -234 | NC      | $-1638.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIRI US 05/01/26 C28                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       234 | NC      | $819.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIRI US 05/01/26 C30                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -11757 | NC      | $-5878.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIRI US 05/01/26 C31                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     11757 | NC      | $146962.56    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | STZ US 05/08/26 C160                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1385 | NC      | $-173125.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | STZ US 05/08/26 C165                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1385 | NC      | $58862.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UNH US 05/01/26 C365                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -478 | NC      | $-325040.00   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UNH US 05/01/26 C375                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       478 | NC      | $32743.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UNH US 05/08/26 C360                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -14 | NC      | $-18725.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UNH US 05/08/26 C370                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        14 | NC      | $8750.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UNH US 05/08/26 C375                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -5 | NC      | $-1887.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UNH US 05/08/26 C385                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $630.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | V US 05/01/26 C317.5                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -31 | NC      | $-40300.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | V US 05/01/26 C322.5                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        31 | NC      | $25730.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | V US 05/01/26 C332.5                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       781 | NC      | $84348.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VRSN US 05/15/26 C270                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -27 | NC      | $-15930.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VRSN US 05/15/26 C280                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -967 | NC      | $-232080.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VRSN US 05/15/26 C290                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        27 | NC      | $3240.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VRSN US 05/15/26 C300                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       967 | NC      | $74942.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Mastercard Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -394 | NC      | $-51220.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Visa Inc                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -781 | NC      | $-456885.00   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-25

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer