# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0001752724-23-075375
**Filing Date:** 2023-3
**Character Count:** 19144
**Document Hash:** 5de3abebcf7e3698b025e23115a768bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-075375.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001752724-23-075375

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors' Inner Circle Fund III
- **CENTRAL INDEX KEY:** 0001593547
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22920
- **FILM NUMBER:** 23784567

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (800) 342-5734

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### CCT Thematic Equity Fund (Series ID: S000069656)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000222147 | Institutional Shares | THMEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ADVISORS' INNER CIRCLE III

- **b. Investment Company Act file number:** 811-22920

- **c. CIK number of Registrant:** 0001593547

- **d. LEI of Registrant:** 549300TG800HOPJVWT31

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

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

- **a. Name of Series:** CCT Thematic Equity Fund

- **b. EDGAR series identifier (if any):** S000069656

- **c. LEI of Series:** 549300SCJYWF4YNVU165

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $68531441.11

**Total Liabilities:** $140398.41

**Net Assets:** $68391042.70

**Cash Not Reported:** $546.80

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222147 | 9.26%                | -4.58%               | 7.85%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-79692.05               | $5713360.26                                |
| Month 2  | $-47367.38               | $-2984433.35                               |
| Month 3  | $0.00                    | $4671489.73                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| APPLE INC.                            | APPLE INC COMMON STOCK                         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               |  | US        |      8196 | NS      | $1182600.84   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KADANT INC.                           | KADANT INC COMMON STOCK                        | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               |  | US        |      8182 | NS      | $1667246.14   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger N.V.                     | SCHLUMBERGER LTD COMMON STOCK                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               |  | US        |     28704 | NS      | $1635553.92   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNEX CORPORATION                    | COGNEX CORP COMMON STOCK                       | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               |  | US        |     31860 | NS      | $1744016.40   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO REALTY CORPORATION            | TERRENO REALTY CORP REIT                       | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               |  | US        |      8057 | NS      | $519112.51    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc. | SUMITOMO MITSUI FINANCIAL GR COMMON STOCK      | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               |  | JP        |     49681 | NS      | $2157238.98   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CHAMPIONX CORPORATION                 | CHAMPIONX CORP COMMON STOCK                    | CUSIP: 15872M104<br>LEI: 549300EP2909K6DYYP38 | Long             | EC               |  | US        |     31326 | NS      | $1034384.52   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                             | VISA INC-CLASS A SHARES COMMON STOCK           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               |  | US        |      3919 | NS      | $902192.99    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC. | AMERICAN ELECTRIC POWER COMMON STOCK           | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               |  | US        |     22098 | NS      | $2076328.08   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WTAX FEE 10%                          | WTAX FEE 10%                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | US        |         1 | PA      | $0.00         | 0.00%             | N/A             | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANUC CORPORATION                     | FANUC CORP COMMON STOCK                        | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               |  | JP        |     10766 | NS      | $1894481.85   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.       | REGENERON PHARMACEUTICALS COMMON STOCK         | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               |  | US        |      3013 | NS      | $2285270.11   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil, S.A.      | INDUSTRIA DE DISENO TEXTIL COMMON STOCK        | CUSIP: E6282N100<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               |  | ES        |     61142 | NS      | $1902378.72   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | BROWN BROTHERS HARRIMAN SWEEP INTEREST         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   4955051 | PA      | $4955050.56   | 7.25%             |  |  |  | No            |                  2 | On Loan: No      |
| THE WALT DISNEY COMPANY               | WALT DISNEY CO/THE COMMON STOCK                | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               |  | US        |      9774 | NS      | $1060381.26   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE   | LVMH MOET HENNESSY-UNSP ADR DEPOSITARY RECEIPT | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               |  | US        |      8729 | NS      | $1524869.01   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                             | SHELL PLC-ADR DEPOSITARY RECEIPT               | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               |  | US        |     36550 | NS      | $2149505.50   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.,              | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               |  | US        |      4045 | NS      | $1260098.40   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED   | VERTEX PHARMACEUTICALS INC COMMON STOCK        | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               |  | US        |      2574 | NS      | $831659.40    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CRYOPORT, INC.                        | CRYOPORT INC COMMON STOCK                      | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               |  | US        |     12198 | NS      | $278480.34    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                | CVS HEALTH CORP COMMON STOCK                   | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               |  | US        |     16629 | NS      | $1467010.38   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION          | COSTCO WHOLESALE CORP COMMON STOCK             | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               |  | US        |      1702 | NS      | $869960.28    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, INC.                            | NIKE INC -CL B COMMON STOCK                    | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               |  | US        |     11766 | NS      | $1498164.78   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| STITCH FIX, INC.                      | STITCH FIX INC-CLASS A COMMON STOCK            | CUSIP: 860897107<br>LEI: 549300TNHOVBOJZIYE72 | Long             | EC               |  | US        |     39542 | NS      | $206013.82    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINA, INC.                        | ILLUMINA INC COMMON STOCK                      | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               |  | US        |      5825 | NS      | $1247715.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                               | ABB LTD-SPON ADR DEPOSITARY RECEIPT            | CUSIP: 000375204<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               |  | US        |     38920 | NS      | $1356362.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Limited                     | AIA GROUP LTD COMMON STOCK                     | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               |  | HK        |    144611 | NS      | $1633090.05   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.         | GOLDMAN SACHS GROUP INC COMMON STOCK           | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      5707 | NS      | $2087677.67   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                   | EOG RESOURCES INC COMMON STOCK                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |     14364 | NS      | $1899639.00   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY      | ACCENTURE PLC-CL A COMMON STOCK                | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               |  | US        |      3583 | NS      | $999836.15    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVERR INTERNATIONAL LTD              | FIVERR INTERNATIONAL LTD COMMON STOCK          | CUSIP: M4R82T106<br>LEI: 549300Z8OREY6THCPF67 | Long             | EC               |  | US        |     11684 | NS      | $433359.56    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SPLUNK INC.                           | SPLUNK INC COMMON STOCK                        | CUSIP: 848637104<br>LEI: 549300XGDSGBP6UEI867 | Long             | EC               |  | US        |      9390 | NS      | $899280.30    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.           | VERIZON COMMUNICATIONS INC COMMON STOCK        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |     41600 | NS      | $1729312.00   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| VGP NV                                | VGP COMMON STOCK                               | CUSIP: N/A<br>LEI: 315700NENYPIXFR94T49       | Long             | EC               |  | BE        |     12285 | NS      | $1223371.46   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                    | NVIDIA CORP COMMON STOCK                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |      4197 | NS      | $819967.89    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                           | NOVARTIS AG-SPONSORED ADR DEPOSITARY RECEIPT   | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               |  | US        |     12034 | NS      | $1090521.08   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| INTELLIA THERAPEUTICS, INC.           | INTELLIA THERAPEUTICS INC COMMON STOCK         | CUSIP: 45826J105<br>LEI: 5493002T5BCPE5DZC723 | Long             | EC               |  | US        |     19753 | NS      | $838317.32    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS, INC.          | CADENCE DESIGN SYS INC COMMON STOCK            | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               |  | US        |     10638 | NS      | $1944945.54   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                    | TARGET CORP COMMON STOCK                       | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               |  | US        |      4641 | NS      | $798901.74    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                      | AMAZON.COM INC COMMON STOCK                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               |  | US        |      6623 | NS      | $683029.99    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPINJ, INC.                          | IMPINJ INC COMMON STOCK                        | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               |  | US        |     17176 | NS      | $2229101.28   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC       | LONDON STOCK EXCHANGE GROUP COMMON STOCK       | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               |  | GB        |     14420 | NS      | $1316614.11   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                     | ASML HOLDING NV-NY REG SHS DEPOSITARY RECEIPT  | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               |  | US        |      1848 | NS      | $1221232.32   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corporation             | FRANCO-NEVADA CORP COMMON STOCK                | CUSIP: 351858105<br>LEI: N/A                  | Long             | EC               |  | US        |     14857 | NS      | $2179521.90   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                  | JPMORGAN CHASE & CO COMMON STOCK               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     10715 | NS      | $1499671.40   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle S.A.                           | NESTLE SA-SPONS ADR DEPOSITARY RECEIPT         | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               |  | US        |     18258 | NS      | $2231401.47   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                        | SNOWFLAKE INC-CLASS A COMMON STOCK             | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               |  | US        |      5029 | NS      | $786736.76    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                         | ALPHABET INC-CL C COMMON STOCK                 | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     10703 | NS      | $1068908.61   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ESTEE LAUDER COMPANIES INC.       | ESTEE LAUDER COMPANIES-CL A COMMON STOCK       | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               |  | US        |      4057 | NS      | $1124113.56   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** THE ADVISORS' INNER CIRCLE III

**Signature:** Andy Metzger

**Name of Signer:** Andy Metzger

**Title:** CFO