# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0001752724-25-208587
**Filing Date:** 2025-8
**Character Count:** 6328
**Document Hash:** c4fa894375cca8b97d9095130addefcd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-208587.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-208587

**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**: 20250630

**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:** 251263354

**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 Income Plus Fund (Series ID: S000055429)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000174412 | HCM Income Plus Fund Class A Shares        | HCMEX           |
| C000174413 | HCM Income Plus Fund Investor Class Shares | HCMKX           |
| C000213465 | HCM Income 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 Income 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:** 2025-06-30

- **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:** $750012474.59

**Total Liabilities:** $956437.84

**Net Assets:** $749056036.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174413 | 0.68%                | 6.30%                | 6.31%                |
| Class ID C000174412 | 0.79%                | 6.36%                | 6.41%                |
| Class ID C000213465 | 0.86%                | 6.33%                | 6.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2028999.69             | $6457785.31                                |
| Month 2  | $11547145.09             | $31090598.98                               |
| Month 3  | $19171938.79             | $25601114.71                               |

### 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        |    276300 | NS      | $47946339.00  | 6.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund         | VANGUARD MEGA CA  | CUSIP: 921910816<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |    334258 | NS      | $122395251.86 | 16.34%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust           | SPDR BLOOMBERG 1  | CUSIP: 78468R663<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |   1211915 | NS      | $111168962.95 | 14.84%            |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust             | PRO ULTRA QQQ     | CUSIP: 74347R206<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   1294125 | NS      | $152331453.75 | 20.34%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust, Series 1 | INVESCO QQQ TRUS  | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |    221689 | NS      | $122292519.96 | 16.33%            |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust             | PRO ULTRA S&P500  | CUSIP: 74347R107<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |    788850 | NS      | $77086422.00  | 10.29%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust               | ISHARES CORE U.S  | CUSIP: 464287226<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |   1134190 | NS      | $112511648.00 | 15.02%            |  |  |  | No            |                  1 | On Loan: No      |
| HCM BBH SWEEP               | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   3493605 | PA      | $3493604.64   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

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

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer