# EDGAR Filing Document

**Accession Number:** 0001424212
**File Stem:** 0000940400-25-014248
**Filing Date:** 2025-12
**Character Count:** 22764
**Document Hash:** 62bfed11cbd51a9ea506e0275df88853
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014248.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000940400-25-014248

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND III
- **CENTRAL INDEX KEY:** 0001424212

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22245
- **FILM NUMBER:** 251597865

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange-Traded Fund III
- **DATE OF NAME CHANGE:** 20160419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange Traded Fund III
- **DATE OF NAME CHANGE:** 20080116

## Series and Classes Contracts Data

### First Trust Merger Arbitrage ETF (Series ID: S000067481)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000216993 | First Trust Merger Arbitrage ETF | MARB            |

## Nport-Ex

**First Trust Merger Arbitrage ETF (MARB)**

**Portfolio of Investments**

**October 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 61.0%** | **COMMON STOCKS — 61.0%** | **COMMON STOCKS — 61.0%** |
|  | **Biotechnology — 3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20075 | Metsera, Inc. (a) | $1265528 |
|  | **Diversified Telecommunication** <br> **Services — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24846 | &nbsp;&nbsp;&nbsp; Frontier Communications Parent, <br> Inc. (a) | 938185 |
|  | **Entertainment — 4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7825 | Electronic Arts, Inc. (b) | 1565469 |
|  | **Food Products — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13600 | Kellanova (b) | 1129616 |
|  | **Health Care Equipment &** <br> **Supplies — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19921 | Surmodics, Inc. (a) | 546533 |
|  | **Health Care Providers &** <br> **Services — 3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44141 | Premier, Inc., Class A (b) | 1241245 |
|  | **Insurance — 5.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38210 | &nbsp;&nbsp;&nbsp; Aspen Insurance Holdings Ltd., <br> Class A (a) (b) | 1404218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21932 | ProAssurance Corp. (a) | 525271 |
|  |  | 1929489 |
|  | **Interactive Media & Services** <br> **— 4.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 181111 | Vimeo, Inc. (a) (b) | 1412666 |
|  | **Media — 3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120626 | &nbsp;&nbsp;&nbsp; Integral Ad Science Holding <br> Corp. (a) (b) | 1231591 |
|  | **Office REITs — 3.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188102 | Paramount Group, Inc. (a) (b) | 1230187 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374555 | Berry Corp. (b) | 1262250 |
|  | **Professional Services — 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15273 | Dayforce, Inc. (a) | 1049866 |
|  | **Software — 10.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50015 | Informatica, Inc., Class A (a) (b) | 1243873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53515 | PROS Holdings, Inc. (a) (b) | 1233521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51939 | Verint Systems, Inc. (a) | 1053323 |
|  |  | 3530717 |
|  | **Specialty Retail — 5.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41959 | Guess?, Inc. | 712464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37768 | ODP (The) Corp. (a) | 1052972 |
|  |  | 1765436 |
|  | **Trading Companies &** <br> **Distributors — 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16553 | Air Lease Corp. | 1057075 |
|  | **Total Common Stocks** | 21155853 |
|  | (Cost $21,242,957) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
|  | **Biotechnology — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69580 | &nbsp;&nbsp;&nbsp; 89bio, Inc., expiring <br> December 31, <br> 2035 (a) (c) (d) (e) | $0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43869 | &nbsp;&nbsp;&nbsp; Chinook Therapeutics, Inc., <br> expiring December 21, <br> 2029 (a) (c) (d) (e) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100745 | &nbsp;&nbsp;&nbsp; Icosavax, Inc., expiring <br> January 1, 2029 (a) (c) (d) (e) | 0 |
|  |  | 0 |
|  | **Consumer Staples Distribution** <br> **& Retail — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76307 | &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc., <br> no expiration <br> date (a) (c) (d) (e) | 0 |
|  | **Health Care Equipment &** <br> **Supplies — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7137 | &nbsp;&nbsp;&nbsp; ABIOMED, Inc., expiring <br> December 31, <br> 2029 (a) (c) (d) (e) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97345 | &nbsp;&nbsp;&nbsp; Paragon 28, Inc., expiring <br> December 31, <br> 2026 (a) (c) (d) (e) | 0 |
|  |  | 0 |
|  | **Pharmaceuticals — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39856 | &nbsp;&nbsp;&nbsp; Mirati Therapeutics, Inc., <br> expiring January 23, <br> 2031 (a) (c) (d) (e) | 0 |
|  | **Total Rights** | 0 |
|  | (Cost $0) |  |
| **MONEY MARKET FUNDS — 34.4%** | **MONEY MARKET FUNDS — 34.4%** | **MONEY MARKET FUNDS — 34.4%** |
| &nbsp;&nbsp;&nbsp; 11929541 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.00% (f) | 11929541 |
|  | (Cost $11,929,541) |  |
|  | **Total Investments — 95.4%** | 33085394 |
|  | (Cost $33,172,498) |  |
| **COMMON STOCKS SOLD SHORT — (3.7)%** | **COMMON STOCKS SOLD SHORT — (3.7)%** | **COMMON STOCKS SOLD SHORT — (3.7)%** |
|  | **Oil, Gas & Consumable Fuels** <br> **— (3.7)%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26892) | California Resources Corp. | (1268496)<br>|
|  | **Total Investments Sold Short** <br> **— (3.7)%** | (1268496)<br>|
|  | (Proceeds $1,423,065) |  |
|  | **Net Other Assets and** <br> **Liabilities — 8.3%** | 2867826 |
|  | **Net Assets — 100.0%** | $34684724 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust Merger Arbitrage ETF (MARB)**

**Portfolio of Investments (Continued)**

**October 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

&nbsp;&nbsp;&nbsp;&nbsp;(b) This security or a portion of this security is segregated as collateral for investments sold short. At October 31, 2025, the segregated value of these securities amounts to $4,069,087.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P. (the "Advisor").

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At October 31, 2025, securities noted as such are valued at $0 or 0.0% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security's value was determined using significant unobservable inputs (see Valuation Inputs section).

&nbsp;&nbsp;&nbsp;&nbsp;(f) Rate shown reflects yield as of October 31, 2025.

------

**Valuation Inputs**

The Fund is subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs that may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.

A summary of the inputs used to value the Fund's investments as of October 31, 2025 is as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total** <br>**Value at** <br>**10/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $21155853 | &nbsp;&nbsp; $21155853 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Rights\* | —<br> \*\*<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; —<br> \*\*<br>|
| Money Market Funds | 11929541 | &nbsp;&nbsp; 11929541 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $33085394 | &nbsp;&nbsp; $33085394 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $—<br> \*\*<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total** <br>**Value at** <br>**10/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Common Stocks Sold <br> Short\*<br>| $(1268496)<br>| &nbsp;&nbsp; $(1268496)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

\*\* Investments are valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Exchange-Traded Fund III

- **b. Investment Company Act file number:** 811-22245

- **c. CIK number of Registrant:** 0001424212

- **d. LEI of Registrant:** 5493003Z20QMESC6XS29

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

  - **Street Address 1:** 120 East Liberty Drive, Suite 400

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

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

- **a. Name of Series:** First Trust Merger Arbitrage ETF

- **b. EDGAR series identifier (if any):** S000067481

- **c. LEI of Series:** 549300X8SYNEGGE8J693

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $35991586.76

**Total Liabilities:** $1306314.73

**Net Assets:** $34685272.03

**Cash Not Reported:** $2462981.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216993 | 0.14%                | 0.09%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $200247.30               | $-191063.04                                |
| Month 2  | $86671.05                | $-115370.74                                |
| Month 3  | $39250.27                | $173286.64                                 |

**Designated Index Information**

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

- **Index Identifier:** SPX US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ODP Corp/The                       | ODP Corp/The                       | CUSIP: 88337F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37768 | NS      | $1052971.84   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo Inc                          | Vimeo Inc                          | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    181111 | NS      | $1412665.80   | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                        | Premier Inc                        | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44141 | NS      | $1241244.92   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                | Electronic Arts Inc                | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      7825 | NS      | $1565469.50   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Verint Systems Inc                 | Verint Systems Inc                 | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |     51939 | NS      | $1053322.92   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PROS Holdings Inc                  | PROS Holdings Inc                  | CUSIP: 74346Y103<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | EC               | CORP              | US        |     53515 | NS      | $1233520.75   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                     | Air Lease Corp                     | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     16553 | NS      | $1057074.58   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Ltd       | Aspen Insurance Holdings Ltd       | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |     38210 | NS      | $1404217.50   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Integral Ad Science Holding Co     | Integral Ad Science Holding Corp   | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120626 | NS      | $1231591.46   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellanova                          | Kellanova                          | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     13600 | NS      | $1129616.00   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE INC       | WALGREENS BOOTS ALLIANCE INC       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76307 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Informatica Inc                    | Informatica Inc                    | CUSIP: 45674M101<br>LEI: 984500E0DEFFE6DE9588 | Long             | EC               | CORP              | US        |     50015 | NS      | $1243873.05   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ICOSAVAX INC                       | ICOSAVAX INC                       | CUSIP: 451CVR021<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100745 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Guess? Inc                         | Guess? Inc                         | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               | CORP              | CH        |     41959 | NS      | $712463.82    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                       | Dayforce Inc                       | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     15273 | NS      | $1049866.02   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Metsera Inc                        | Metsera Inc                        | CUSIP: 59267L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20075 | NS      | $1265528.00   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PARAGON 28 INC                     | PARAGON 28 INC                     | CUSIP: 609CVR022<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97345 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MIRATI THERAPEUTICS INC            | MIRATI THERAPEUTICS INC            | CUSIP: 604CVR027<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39856 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHINOOK THERAPEUTICS INC CVR       | CHINOOK THERAPEUTICS INC CVR       | CUSIP: 169CVR016<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43869 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Frontier Communications Parent     | Frontier Communications Parent Inc | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24846 | NS      | $938184.96    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                  | ProAssurance Corp                  | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |     21932 | NS      | $525271.40    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ABIOMED Inc                        | ABIOMED Inc                        | CUSIP: 003CVR016<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7137 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  11929541 | NS      | $11929540.80  | 34.39%            |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp          | California Resources Corp          | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Short            | EC               | CORP              | US        |    -26892 | NS      | $-1268495.64  | -3.66%            |  |  |  | No            |                  1 | On Loan: No      |
| 89BIO INC                          | 89BIO INC                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69580 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Berry Corp                         | Berry Corp                         | CUSIP: 08579X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    374555 | NS      | $1262250.35   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Surmodics Inc                      | Surmodics Inc                      | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |     19921 | NS      | $546532.64    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Group Inc                | Paramount Group Inc                | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Long             | EC               | CORP              | US        |    188102 | NS      | $1230187.08   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-22

**Name of Applicant:** First Trust Exchange-Traded Fund III

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer