# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-25-003291
**Filing Date:** 2025-8
**Character Count:** 8907
**Document Hash:** d7db2559496dbe8d0f70c88d1de28699
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003291.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0002000324-25-003291

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**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:** 251263298

**BUSINESS ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

**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

### MRP SynthEquity ETF (Series ID: S000090663)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000257943 | MRP SynthEquity ETF | SNTH            |

## 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:** Mrp Synthequity ETF

- **b. EDGAR series identifier (if any):** S000090663

- **c. LEI of Series:** 254900QMDDEEQBC7Y131

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $33967064.12

**Total Liabilities:** $882790.75

**Net Assets:** $33084273.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -411.42 | **1-Year:** -1015.36 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000257943 | 0.78%                | 5.88%                | 5.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-238.93                 | $-429.81                                   |
| Month 2  | $-221.68                 | $-13487.25                                 |
| Month 3  | $-8.00                   | $13611.44                                  |

**Designated Index Information**

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

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli   | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    610888 | NS      | $610888.10    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | SPX US 03/20/26 C6800                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        59 | NC      | $694725.00    | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 03/20/26 C6950                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -59 | NC      | $-453120.00   | -1.37%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 03/20/26 C7000                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        30 | NC      | $198150.00    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 03/20/26 C7150                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -30 | NC      | $-123600.00   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 05/15/26 C7200                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        13 | NC      | $73515.00     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 05/15/26 C7400                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -13 | NC      | $-41080.00    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 06/18/26 C6350                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       106 | NC      | $4393700.00   | 13.28%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 06/18/26 C7300                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         7 | NC      | $38395.00     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SPX US 06/18/26 C7500                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -7 | NC      | $-22120.00    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond | United States Treasury Note/Bond           | CUSIP: 91282CGA3<br>LEI: N/A                  | Long             | DBT              | UST               | US        |   6089000 | PA      | $6085103.77   | 18.39%            | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond           | CUSIP: 91282CFK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6042000 | PA      | $6033815.51   | 18.24%            | 2025-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond           | CUSIP: 91282CGR6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5995000 | PA      | $6016550.17   | 18.19%            | 2026-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond           | CUSIP: 91282CHH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6084000 | PA      | $6091854.26   | 18.41%            | 2026-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer