# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-001584
**Filing Date:** 2026-4
**Character Count:** 27304
**Document Hash:** 97d1e67ff98dfd769364946d488bd8e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001584.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0002000324-26-001584

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**PERIOD START**: 20261130

**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:** 26871813

**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 Electrification Supercycle ETF (Series ID: S000087830)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000253838 | VistaShares Electrification Supercycle ETF | POW             |

## Nport-Ex

**VistaShares Electrification Supercycle ETF** 

**Schedule of Investments** 

**February 28, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 99.0%** | **Shares** | **Value** |
| **Industrial Products - 48.1%<sup>(a)</sup>** | | |
| Advanced Energy Industries, Inc. | 877 | $294295 |
| American Superconductor Corp.<sup>(b)</sup> | 1142 | 37206 |
| Amphenol Corp. | 993 | 145038 |
| Bel Fuse, Inc. - Class B | 2362 | 542575 |
| Eaton Corp. PLC | 2889 | 1086033 |
| GE Vernova, Inc. | 993 | 867485 |
| Hubbell, Inc. | 1715 | 877445 |
| Hyosung Heavy Industries Corp. | 688 | 1350173 |
| Littelfuse, Inc. | 1144 | 403214 |
| LS Electric Co. Ltd. | 3463 | 1894599 |
| nVent Electric PLC | 6690 | 791828 |
| Powell Industries, Inc. | 2325 | 1217370 |
| Prysmian SpA | 7455 | 902212 |
| Schneider Electric SE | 1070 | 349567 |
| Siemens Energy AG | 4716 | 926819 |
|  |  | 11685859 |
| **Industrial Services - 6.2%** |  |  |
| MasTec, Inc.<sup>(b)</sup> | 1596 | 475640 |
| Quanta Services, Inc. | 1824 | 1027058 |
|  |  | 1502698 |
| **Materials - 0.3%** |  |  |
| Hanwha Solutions Corp. | 2020 | 74425 |
| **Renewable Energy - 4.9%** |  |  |
| Daqo New Energy Corp., ADR<sup>(b)</sup> | 1178 | 28413 |
| EnerSys | 1186 | 197054 |
| Enphase Energy, Inc.<sup>(b)</sup> | 4030 | 170348 |
| Fluence Energy, Inc. - Class A<sup>(b)</sup> | 3617 | 56208 |
| GCL System Integration Technology Co. Ltd.<sup>(b)</sup> | 102000 | 74539 |
| GCL Technology Holdings Ltd.<sup>(b)</sup> | 289940 | 44480 |
| Ginlong Technologies Co. Ltd. | 7700 | 94558 |
| Nextpower, Inc. - Class A<sup>(b)</sup> | 385 | 40464 |
| OY Nofar Energy Ltd.<sup>(b)</sup> | 1222 | 64698 |
| SolarEdge Technologies, Inc.<sup>(b)</sup> | 1900 | 67260 |
| Sungrow Power Supply Co. Ltd. | 16400 | 345669 |
|  |  | 1183691 |
| **Tech Hardware & Semiconductors - 10.3%** |  |  |
| Delta Electronics, Inc. | 31200 | 1429496 |

---

---

| | | |
|:---|:---|:---|
| Vicor Corp.<sup>(b)</sup> | 5363 | $1080108 |
|  |  | 2509604 |
| **Utilities - 29.2%<sup>(a)</sup>** |  |  |
| AES Corp. | 7297 | 126092 |
| American Electric Power Co., Inc. | 3079 | 412032 |
| BKW AG | 193 | 37995 |
| Brookfield Renewable Partners LP | 3154 | 100296 |
| CEZ AS | 461 | 26176 |
| China Resources Power Holdings Co. Ltd. | 14250 | 34030 |
| Consolidated Edison, Inc. | 4297 | 483498 |
| Constellation Energy Corp. | 1483 | 489212 |
| Datang International Power Generation Co. Ltd. | 72700 | 42311 |
| Duke Energy Corp. | 419 | 54826 |
| Edison International | 4563 | 341039 |
| Electric Power Development Co. Ltd. | 1942 | 46397 |
| Enel SpA | 33555 | 403868 |
| Engie SA | 21210 | 724480 |
| Eversource Energy | 4601 | 350642 |
| Exelon Corp. | 11520 | 569894 |
| Iberdrola SA | 9402 | 222573 |
| Kansai Electric Power Co., Inc. | 5209 | 94187 |
| Korea Electric Power Corp. | 1862 | 75723 |
| Kyushu Electric Power Co., Inc. | 8474 | 109314 |
| National Grid PLC | 25197 | 471216 |
| NextEra Energy, Inc. | 6657 | 624227 |
| NRG Energy, Inc. | 1144 | 204730 |
| PG&E Corp. | 14104 | 267976 |
| Redeia Corp. SA | 4796 | 89073 |
| Southern Co. | 950 | 92511 |
| Xcel Energy, Inc. | 7147 | 595774 |
|  |  | 7090092 |
| **TOTAL COMMON STOCKS (Cost $21,770,134)** |  | 24046369 |
| **SHORT TERM INVESTMENTS - 2.1%** | **Shares** | **Value** |
| **Money Market Funds - 2.1%** |  |  |
| First American Government Obligations Fund - Class X, 3.60%<sup>(c)</sup> | 506100 | 506100 |
| **TOTAL SHORT TERM INVESTMENTS (Cost $506,100)** |  | 506100 |
| **TOTAL INVESTMENTS - 101.1% (Cost $22,276,234)** |  | $24552469 |
| Liabilities in Excess of Other Assets - (1.1)% |  | (268456) |
| **TOTAL NET ASSETS - 100.0%** |  | $24284013 |

---

Percentages are stated as a percent of net assets.

ADR American Depositary Receipt

PLC Public Limited Company

(a) To
 the extent that the Fund invests more heavily in a particular industry or sector of the
 economy, its performance will be especially sensitive to developments that significantly
 affect those industries or sectors.

(b) Non-income
 producing security.

(c) The
 rate shown represents the 7-day annualized effective yield as of February 28, 2026.

## 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 Electrification Supercycle ETF

- **b. EDGAR series identifier (if any):** S000087830

- **c. LEI of Series:** 2549005M3A11HAA22Y67

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $25596280.35

**Total Liabilities:** $1312352.68

**Net Assets:** $24283927.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253838 | -1.14%               | 14.37%               | 13.63%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-64134.91               | $6891.71                                   |
| Month 2  | $21960.51                | $629196.61                                 |
| Month 3  | $-29.49                  | $1696285.49                                |

**Designated Index Information**

- **Index Name:** N/A

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Energy Industries Inc | Advanced Energy Industries Inc               | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |       877 | NS      | $294294.89    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp/The                   | AES Corp/The                                 | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |      7297 | NS      | $126092.16    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc | American Electric Power Co Inc               | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |      3079 | NS      | $412031.78    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp   | American Superconductor Corp                 | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |      1142 | NS      | $37206.36     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       993 | NS      | $145037.58    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                   | Bel Fuse Inc                                 | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      2362 | NS      | $542575.02    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BKW AG                         | BKW AG                                       | CUSIP: N/A<br>LEI: 549300IE30SKTUO98Q38       | Long             | EC               | CORP              | CH        |       193 | NS      | $37995.19     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Renewable Partners  | Brookfield Renewable Partners LP             | CUSIP: N/A<br>LEI: VA8DFMRI2GY8Y7V79H93       | Long             | EC               | CORP              | CA        |      3154 | NS      | $100296.21    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CEZ AS                         | CEZ AS                                       | CUSIP: N/A<br>LEI: 529900S5R9YHJHYKKG94       | Long             | EC               | CORP              | CZ        |       461 | NS      | $26175.95     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA RES POWER                | China Resources Power Holdings Co Ltd        | CUSIP: N/A<br>LEI: 529900K60FC0AI053735       | Long             | EC               | CORP              | HK        |     14250 | NS      | $34030.29     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc        | Consolidated Edison Inc                      | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      4297 | NS      | $483498.44    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                    | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      1483 | NS      | $489212.04    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Daqo New Energy Corp           | Daqo New Energy Corp                         | CUSIP: 23703Q203<br>LEI: 529900711JBZ5O7VA827 | Long             | EC               | CORP              | CN        |      1178 | NS      | $28413.36     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DATANG POWER                   | Datang International Power Generation Co Ltd | CUSIP: N/A<br>LEI: 213800VW156IS7SJUL96       | Long             | EC               | CORP              | CN        |     72700 | NS      | $42311.22     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc          | Delta Electronics Inc                        | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |     31200 | NS      | $1429496.01   | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                             | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       419 | NS      | $54826.15     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                               | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      2889 | NS      | $1086032.88   | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International           | Edison International                         | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      4563 | NS      | $341038.62    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Electric Power Development Co  | Electric Power Development Co Ltd            | CUSIP: N/A<br>LEI: 549300KMHPUAQI8VEH90       | Long             | EC               | CORP              | JP        |      1942 | NS      | $46396.54     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                       | Enel SpA                                     | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |     33555 | NS      | $403867.56    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                        | EnerSys                                      | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      1186 | NS      | $197053.90    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                       | Engie SA                                     | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |     21210 | NS      | $724479.67    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc             | Enphase Energy Inc                           | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      4030 | NS      | $170348.10    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy              | Eversource Energy                            | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      4601 | NS      | $350642.21    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                    | Exelon Corp                                  | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     11520 | NS      | $569894.40    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund   | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    227451 | NS      | $227450.79    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy Inc             | Fluence Energy Inc                           | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |      3617 | NS      | $56208.18     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GCL Technology Holdings Ltd    | GCL Technology Holdings Ltd                  | CUSIP: N/A<br>LEI: 529900O1QCZWP5IWVY66       | Long             | EC               | CORP              | HK        |    289940 | NS      | $44479.84     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                               | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       993 | NS      | $867484.80    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ginlong Technologies Co Ltd    | Ginlong Technologies Co Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      7700 | NS      | $94558.25     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Solutions Corp          | Hanwha Solutions Corp                        | CUSIP: N/A<br>LEI: 549300M2V0ZS71BRNR68       | Long             | EC               | CORP              | KR        |      2020 | NS      | $74424.75     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc                                  | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1715 | NS      | $877445.45    | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyosung Heavy Industries Corp  | Hyosung Heavy Industries Corp                | CUSIP: N/A<br>LEI: 988400IDLF9EQ95M0928       | Long             | EC               | CORP              | KR        |       688 | NS      | $1350173.10   | 5.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                   | Iberdrola SA                                 | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |      9402 | NS      | $222572.61    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansai Electric Power Co Inc/T | Kansai Electric Power Co Inc/The             | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |      5209 | NS      | $94187.39     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp      | Korea Electric Power Corp                    | CUSIP: N/A<br>LEI: 988400QG33WS7JEIV602       | Long             | EC               | CORP              | KR        |      1862 | NS      | $75722.63     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Electric Power Co Inc   | Kyushu Electric Power Co Inc                 | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |      8474 | NS      | $109313.92    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                 | Littelfuse Inc                               | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      1144 | NS      | $403214.24    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LS Electric Co Ltd             | LS Electric Co Ltd                           | CUSIP: N/A<br>LEI: 988400AF8KS117D7D072       | Long             | EC               | CORP              | KR        |      3463 | NS      | $1894599.24   | 7.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                     | MasTec Inc                                   | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      1596 | NS      | $475639.92    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC              | National Grid PLC                            | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |     25197 | NS      | $471215.74    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                           | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      6657 | NS      | $624226.89    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc                  | Nextpower Inc                                | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       385 | NS      | $40463.50     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      1144 | NS      | $204730.24    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |      6690 | NS      | $791828.40    | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| OY Nofar Energy Ltd            | OY Nofar Energy Ltd                          | CUSIP: N/A<br>LEI: 894500AMGSB9R178TW69       | Long             | EC               | CORP              | IL        |      1222 | NS      | $64698.36     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                      | PG&E Corp                                    | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     14104 | NS      | $267976.00    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc          | Powell Industries Inc                        | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      2325 | NS      | $1217370.00   | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Prysmian SpA                   | Prysmian SpA                                 | CUSIP: N/A<br>LEI: 529900X0H1IO3RS1A464       | Long             | EC               | CORP              | IT        |      7455 | NS      | $902212.03    | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc            | Quanta Services Inc                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      1824 | NS      | $1027057.92   | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Redeia Corp SA                 | Redeia Corp SA                               | CUSIP: N/A<br>LEI: 5493009HMD0C90GUV498       | Long             | EC               | CORP              | ES        |      4796 | NS      | $89072.78     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE          | Schneider Electric SE                        | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      1070 | NS      | $349566.69    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG              | Siemens Energy AG                            | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |      4716 | NS      | $926818.50    | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc     | SolarEdge Technologies Inc                   | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | IL        |      1900 | NS      | $67260.00     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                | Southern Co/The                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |       950 | NS      | $92511.00     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sungrow Power Supply Co Ltd    | Sungrow Power Supply Co Ltd                  | CUSIP: N/A<br>LEI: 30030052IWC7RGVFG505       | Long             | EC               | CORP              | CN        |     16400 | NS      | $345668.57    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                     | Vicor Corp                                   | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |      5363 | NS      | $1080108.20   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                | Xcel Energy Inc                              | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |      7147 | NS      | $595773.92    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| XXJC                           | GCL System Integration Technology Co Ltd     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    102000 | NS      | $74539.43     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-14

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer