# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-002754
**Filing Date:** 2026-2
**Character Count:** 6358
**Document Hash:** 90c293ec4b3e62f81f699893a952dd4c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002754.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002754

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST III
- **CENTRAL INDEX KEY:** 0001537140

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22655
- **FILM NUMBER:** 26683184

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2621

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### HCM Multi-Asset Plus Fund (Series ID: S000055429)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000174412 | HCM Multi-Asset Plus Fund Class A Shares        | HCMEX           |
| C000174413 | HCM Multi-Asset Plus Fund Investor Class Shares | HCMKX           |
| C000213465 | HCM Multi-Asset Plus Fund Class I Shares        | HCMLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST III

- **b. Investment Company Act file number:** 811-22655

- **c. CIK number of Registrant:** 0001537140

- **d. LEI of Registrant:** 549300PPUECJSQFBYV98

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** HCM Multi-Asset Plus Fund

- **b. EDGAR series identifier (if any):** S000055429

- **c. LEI of Series:** 549300QP7W4NFIHVBZ35

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $807216295.08

**Total Liabilities:** $1046453.66

**Net Assets:** $806169841.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174412 | 4.39%                | -1.27%               | -0.84%               |
| Class ID C000174413 | 4.33%                | -1.31%               | -0.88%               |
| Class ID C000213465 | 4.41%                | -1.26%               | -0.80%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8705264.83              | $26718004.62                               |
| Month 2  | $0.00                    | $-10845094.29                              |
| Month 3  | $0.00                    | $-7874055.58                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Direxion Shares ETF Trust   | DIREXION DAILY S  | CUSIP: 25459W862<br>LEI: 549300M501IVJM50FG12 | Long             | EC               | RF                | US        |    222150 | NS      | $49008511.50  | 6.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust, Series 1 | INVESCO QQQ TRUS  | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |    221689 | NS      | $136185769.59 | 16.89%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust               | ISHARES CORE U.S  | CUSIP: 464287226<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |   1732889 | NS      | $173080953.32 | 21.47%            |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust             | PRO ULTRA S&P500  | CUSIP: 74347R107<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   1550200 | NS      | $89787584.00  | 11.14%            |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust             | PRO ULTRA QQQ     | CUSIP: 74347R206<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   2265618 | NS      | $159522163.38 | 19.79%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund         | VANGUARD MEGA CA  | CUSIP: 921910816<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |    331639 | NS      | $136890630.03 | 16.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds   | VANGUARD TOTAL B  | CUSIP: 921937835<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |    661100 | NS      | $48967677.00  | 6.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HCM BBH SWEEP               | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  13686366 | PA      | $13686366.42  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST III

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer