# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-003405
**Filing Date:** 2026-2
**Character Count:** 15529
**Document Hash:** ce749dba5563ae3850745ec1b9dcda9b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003405.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003405

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**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:** 26699164

**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

### PlanRock Alternative Growth ETF (Series ID: S000083335)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000246894 | PlanRock Alternative Growth ETF | PRAE            |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  |  |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 79.1%** |  |  |  |
|  | **COMMODITY - 10.6%** |  |  |  |
| 19512 | ProShares Ultra Gold<sup>(a)</sup> |  |  | $1083306 |
| 469 | ProShares UltraShort Bloomberg Crude Oil<sup>(a)</sup> |  |  | 9197 |
|  |  |  |  | 1092503 |
|  | **EQUITY - 68.5%** |  |  |  |
| 11164 | Avantis Emerging Markets Value ETF |  |  | 650973 |
| 7050 | Avantis International Small Cap Value ETF |  |  | 662489 |
| 862 | Invesco QQQ Trust Series 1 |  |  | 529535 |
| 9152 | iShares MSCI EAFE Small-Cap ETF |  |  | 709554 |
| 9633 | iShares MSCI EAFE Value ETF |  |  | 687893 |
| 9777 | iShares MSCI Emerging Markets Small-Cap ETF |  |  | 659752 |
| 1975 | iShares MSCI USA Momentum Factor ETF |  |  | 494362 |
| 2175 | iShares Russell 1000 Growth ETF |  |  | 1029427 |
| 7679 | SPDR Portfolio S&P 500 ETF |  |  | 616009 |
| 5091 | State Street Communication Services Select Sector |  |  | 599313 |
| 2904 | State Street Technology Select Sector SPDR ETF |  |  | 418089 |
|  |  |  |  | 7057396 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $6,864,773)** |  |  | 8149899 |
|  | **TOTAL INVESTMENTS - 79.1% (Cost $6,864,773)** |  |  | $8149899 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 20.9%** |  |  | 2155056 |
|  | **NET ASSETS - 100.0%** |  |  | $10304955 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount<sup>(b)</sup>** | **Value and Unrealized Appreciation (Depreciation)** |
| 13 | CBOE Volatility Index Future | 06/18/2026 | $273325 | $(25975) |
| 14 | CBOE Volatility Index Future | 07/23/2026 | 299950 | (4490) |
| 10 | CBOT 10 Year US Treasury Note | 03/23/2026 | 1124375 | (8906) |
| 13 | CBOT 2 Year US Treasury Note Future | 04/01/2026 | 2714258 | (1929) |
| 1 | CBOT US Treasure Bond Futures | 03/23/2026 | 115594 | (219) |
| 27 | CME Euro Foreign Exchange Currency Future | 03/17/2026 | 3975750 | 20856 |
| 6 | ICE US mini MSCI EAFE Index Futures | 03/23/2026 | 870630 | 390 |
| 6 | ICE US MSCI Emerging Markets EM Index Futures | 03/23/2026 | 423420 | 15745 |
| 34 | Micro E-mini Nasdaq-100 Futures | 03/23/2026 | 1731058 | (11086) |
| 15 | Micro E-mini S&P 500 futures | 03/23/2026 | 516938 | 1929 |
|  | **TOTAL FUTURES CONTRACTS** |  |  | $(13685) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **OPEN FUTURES CONTRACTS (Continued)** | **OPEN FUTURES CONTRACTS (Continued)** |  | | |
| <br> **OPEN FUTURES CONTRACTS** | <br> **OPEN FUTURES CONTRACTS** | | | |
| **Number of Contracts** | **Open Short Futures Contracts** | **Expiration** | **Notional Amount<sup>(b)</sup>** | **Value and Unrealized Appreciation** |
| 39 | CME Japanese Yen Currency Future | 03/17/2026 | $&nbsp;&nbsp;&nbsp;3129019 | $&nbsp;&nbsp;&nbsp;7410 |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  |  |

---

## 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:** PlanRock Alternative Growth ETF

- **b. EDGAR series identifier (if any):** S000083335

- **c. LEI of Series:** 5299005CFLNGPN5TJS09

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

- **a. Date of fiscal year-end:** 2026-09-30

- **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:** $10579248.24

**Total Liabilities:** $274292.97

**Net Assets:** $10304955.27

**Cash Not Reported:** $2173487.88

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246894 | 2.90%                | 0.38%                | 0.30%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5637.36                 | $117893.93                                 |
| Month 2  | $80742.87                | $19229.44                                  |
| Month 3  | $70945.50                | $-5550.93                                  |

**Designated Index Information**

- **Index Name:** MSCI/ACWI ex USA SMALL CAP (Net)

- **Index Identifier:** 655052-USD-N

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Century ETF Trust  | AV EMERG MKT VAL          | CUSIP: 025072372<br>LEI: 5493006IKK34YJD98183 | Long             | EC               | RF                | US        |     11164 | NS      | $650972.84    | 6.32%             |  |  |  | No            |                  1 | On Loan: No      |
| American Century ETF Trust  | AVANTIS INTL S/C          | CUSIP: 025072802<br>LEI: 5493006IKK34YJD98183 | Long             | EC               | RF                | US        |      7050 | NS      | $662488.50    | 6.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust, Series 1 | INVESCO QQQ TRUS          | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |       862 | NS      | $529535.22    | 5.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                 | ISHARES MSCI EMERGING MKT | CUSIP: 464286475<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      9777 | NS      | $659751.96    | 6.40%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust               | ISHARES RUSSELL           | CUSIP: 464287614<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      2175 | NS      | $1029427.50   | 9.99%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust               | ISHARES MSCI EAF          | CUSIP: 464288273<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      9152 | NS      | $709554.56    | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust               | ISHARES MSCI EAF          | CUSIP: 464288877<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      9633 | NS      | $687892.53    | 6.68%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust               | ISHARES MSCI USA          | CUSIP: 46432F396<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      1975 | NS      | $494362.25    | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Proshares Trust II          | PRO ULTRA GOLD            | CUSIP: 74347W601<br>LEI: 549300SM22FHGJRWS154 | Long             | EC               | RF                | US        |     19512 | NS      | $1083306.24   | 10.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Proshares Trust II          | PROSHARES ULTRAS          | CUSIP: 74347Y797<br>LEI: 549300SM22FHGJRWS154 | Long             | EC               | RF                | US        |       469 | NS      | $9197.09      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust           | STATE STREET SPD          | CUSIP: 78464A854<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |      7679 | NS      | $616009.38    | 5.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust    | SS TECH SEL SECT          | CUSIP: 81369Y803<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      2904 | NS      | $418088.88    | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust    | SS COMM SLCT ETF          | CUSIP: 81369Y852<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      5091 | NS      | $599312.52    | 5.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE | EURO FX CURR FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        27 | NC      | $20856.24     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE | SP500 MIC EMIN FUTMar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        15 | NC      | $1928.49      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE | NASD100 MICRO EMINMar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        34 | NC      | $-11084.51    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE | JPN YEN CURR FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |       -39 | NC      | $7410.00      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.            | MSCI EmgMkt       Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DE               | CORP              | US        |         6 | NC      | $15745.00     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.            | MSCI EAFE         Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DE               | CORP              | US        |         6 | NC      | $390.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade      | US 2YR NOTE (CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        13 | NC      | $-1929.69     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade      | US 10YR NOTE (CBT)Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        10 | NC      | $-8906.25     | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade      | US LONG BOND(CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |         1 | NC      | $-218.75      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE       | CBOE VIX FUTURE   Jun26   | CUSIP: N/A<br>LEI: 529900RLNSGA90UPEH54       | Long             | DE               | CORP              | US        |        13 | NC      | $-25975.00    | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE       | CBOE VIX FUTURE   Jul26   | CUSIP: N/A<br>LEI: 529900RLNSGA90UPEH54       | Long             | DE               | CORP              | US        |        14 | NC      | $-4490.00     | -0.04%            |  |  |  | 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