# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-000272
**Filing Date:** 2026-1
**Character Count:** 18428
**Document Hash:** a8855a080d16bfa933a9bb5368e39774
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000272.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0002000324-26-000272

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20251130

**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:** 26572344

**BUSINESS ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

**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

### NestYield Dynamic Income ETF (Series ID: S000089468)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000256027 | NestYield Dynamic Income ETF | EGGY            |

## 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:** Nestyield Dynamic Income ETF

- **b. EDGAR series identifier (if any):** S000089468

- **c. LEI of Series:** 254900JD0NQKSCP4Y719

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-30

**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:** $78678130.58

**Total Liabilities:** $737468.64

**Net Assets:** $77940661.94

**Cash Not Reported:** $566480.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256027 | 9.06%                | 3.39%                | -8.00%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-254796.18              | $4447784.07                                |
| Month 2  | $209295.80               | $1685306.52                                |
| Month 3  | $-2091800.58             | $-4412036.74                               |

**Designated Index Information**

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

- **Index Identifier:** NYFANGT

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     17550 | NS      | $3817651.50   | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      8475 | NS      | $2713525.50   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6823 | NS      | $1591260.06   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4187 | NS      | $1167544.95   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     12593 | NS      | $7549251.64   | 9.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     55731 | NS      | $3722830.80   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     18430 | NS      | $7426552.80   | 9.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      9834 | NS      | $3583116.24   | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       217 | NS      | $233376.99    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1922536 | NS      | $1922535.51   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3758 | NS      | $2434996.10   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     24112 | NS      | $5702005.76   | 7.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3249 | NS      | $1598540.49   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AVGO US 12/12/25 P360                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -184 | NC      | $-85560.00    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AVGO US 12/12/25 P375                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       184 | NC      | $145820.00    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Block Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -557 | NC      | $-76587.50    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Block Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       557 | NC      | $23115.50     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HOOD US 12/05/25 C135                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       330 | NC      | $47850.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HOOD US 12/12/25 P110                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -330 | NC      | $-27060.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HOOD US 12/12/25 P113                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       330 | NC      | $38775.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | META US 12/12/25 P605                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -37 | NC      | $-7400.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | META US 12/12/25 P620                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        37 | NC      | $14985.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | META US 12/19/25 C680                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        86 | NC      | $59125.00     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MU US 12/12/25 P210                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -241 | NC      | $-60732.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MU US 12/12/25 P220                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       241 | NC      | $110257.50    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Palantir Technologies Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -327 | NC      | $-490.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PLTR US 11/28/25 C175                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       327 | NC      | $163.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PLTR US 12/12/25 P155                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -327 | NC      | $-64582.50    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PLTR US 12/12/25 P160                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       327 | NC      | $101370.00    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Robinhood Markets Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -330 | NC      | $-102300.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SMCI US 12/05/25 C35.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1048 | NC      | $50304.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Super Micro Computer Inc                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1048 | NC      | $-138336.00   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -83 | NC      | $-64740.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        83 | NC      | $26560.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | TSLA US 12/12/25 P400                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -83 | NC      | $-36935.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | TSLA US 12/12/25 P410                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        83 | NC      | $56440.00     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | XYZ US 12/12/25 P60                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -557 | NC      | $-16153.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | XYZ US 12/12/25 P62                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       557 | NC      | $33420.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     22131 | NS      | $2380852.98   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     38233 | NS      | $6767241.00   | 8.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     11544 | NS      | $2331310.80   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     32786 | NS      | $5522801.70   | 7.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     33045 | NS      | $4245952.05   | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                   | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |    104823 | NS      | $3548258.55   | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      8305 | NS      | $3572561.85   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                    | Vistra Corp                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     31091 | NS      | $5560936.26   | 7.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer