# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0002048251-26-001545
**Filing Date:** 2026-2
**Character Count:** 14367
**Document Hash:** 69412cb35edbb7be56d401093ec90648
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-001545.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0002048251-26-001545

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors' Inner Circle Fund III
- **CENTRAL INDEX KEY:** 0001593547

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22920
- **FILM NUMBER:** 26696203

**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

### STRATEGAS MACRO THEMATIC OPPORTUNITIES ETF (Series ID: S000075078)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000233882 | STRATEGAS MACRO THEMATIC OPPORTUNITIES ETF | SAMT            |

## 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:** Strategas Macro Thematic Opportunities ETF

- **b. EDGAR series identifier (if any):** S000075078

- **c. LEI of Series:** 549300MMS7W4O6FEF809

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

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

- **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:** $375314953.92

**Total Liabilities:** $2724687.26

**Net Assets:** $372590266.66

**Cash Not Reported:** $42439624.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233882 | 2.86%                | -1.21%               | 2.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7129533.59              | $2159782.41                                |
| Month 2  | $-5344436.77             | $1569650.20                                |
| Month 3  | $14914699.52             | $-8069145.48                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 3M COMPANY                            | 3M CO COMMON STOCK                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               |  | US        |     62163 | NS      | $9952296.30   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                         | ALPHABET INC-CL A COMMON STOCK            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     35551 | NS      | $11127463.00  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                      | AMAZON.COM INC COMMON STOCK               | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | Long             | EC               |  | US        |     38428 | NS      | $8869950.96   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS COMPANY              | AMERICAN EXPRESS CO COMMON STOCK          | CUSIP: N/A<br>LEI: R4PP93JZOLY261QX3811       | Long             | EC               |  | US        |     20553 | NS      | $7603582.35   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                            | APPLE INC COMMON STOCK                    | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | Long             | EC               |  | US        |     34059 | NS      | $9259279.74   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.               | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK  | CUSIP: N/A<br>LEI: 5493000C01ZX7D35SD85       | Long             | EC               |  | US        |     17705 | NS      | $8899418.25   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA, INC.                         | CENCORA INC COMMON STOCK                  | CUSIP: N/A<br>LEI: AI8GXW8LG5WK7E9UD086       | Long             | EC               |  | US        |     34966 | NS      | $11809766.50  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTURY ALUMINUM COMPANY              | CENTURY ALUMINUM COMPANY COMMON STOCK     | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               |  | US        |    234940 | NS      | $9204949.20   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                 | COCA-COLA CO/THE COMMON STOCK             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               |  | US        |    124302 | NS      | $8689952.82   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.            | CROWDSTRIKE HOLDINGS INC - A COMMON STOCK | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               |  | US        |     16465 | NS      | $7718133.40   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                  | EDISON INTERNATIONAL COMMON STOCK         | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               |  | US        |    118219 | NS      | $7095504.38   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                   | ENTERGY CORP COMMON STOCK                 | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               |  | US        |    114296 | NS      | $10564379.28  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| F/m US Treasury 3 Month Bill ETF      | F/M US TREASURY 3 MONTH BILL MUTUAL FUND  | CUSIP: 74933W452<br>LEI: N/A                  | Long             | EC               | RF                | US        |    189777 | NS      | $9466076.76   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                       | FOX CORP - CLASS A COMMON STOCK           | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               |  | US        |    158927 | NS      | $11612795.89  | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                  | HCA HEALTHCARE INC COMMON STOCK           | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               |  | US        |     22607 | NS      | $10554304.02  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 0-3 Month Treasury Bond ETF   | ISHARES 0-3 MONTH TREASURY B MUTUAL FUND  | CUSIP: 46436E718<br>LEI: N/A                  | Long             | EC               | RF                | US        |     94175 | NS      | $9453286.50   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                  | JPMORGAN CHASE & CO COMMON STOCK          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     29781 | NS      | $9596033.82   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.          | MARRIOTT INTERNATIONAL -CL A COMMON STOCK | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               |  | US        |     35680 | NS      | $11069363.20  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORPORATION                | MCDONALD'S CORP COMMON STOCK              | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               |  | US        |     24890 | NS      | $7607130.70   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                     | MERCK & CO. INC. COMMON STOCK             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |    115154 | NS      | $12121110.04  | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ONTO INNOVATION INC.                  | ONTO INNOVATION INC COMMON STOCK          | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               |  | US        |     54576 | NS      | $8615367.36   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC.            | PALANTIR TECHNOLOGIES INC-A COMMON STOCK  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               |  | US        |     58073 | NS      | $10322475.75  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PLANET LABS PBC                       | PLANET LABS PBC COMMON STOCK              | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               |  | US        |    845130 | NS      | $16665963.60  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES, INC.                 | QUANTA SERVICES INC COMMON STOCK          | CUSIP: N/A<br>LEI: SHVRXXEACT60MMH07S24       | Long             | EC               |  | US        |     26012 | NS      | $10978624.72  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| REDDIT INC.                           | REDDIT INC-CL A COMMON STOCK              | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               |  | US        |     39808 | NS      | $9150664.96   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS, INC.               | ROBINHOOD MARKETS INC - A COMMON STOCK    | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               |  | US        |     54399 | NS      | $6152526.90   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET LAB CORPORATION                | ROCKET LAB CORP COMMON STOCK              | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               |  | US        |    223646 | NS      | $15601544.96  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SPHERE ENTERTAINMENT CO.              | SPHERE ENTERTAINMENT CO COMMON STOCK      | CUSIP: 55826T102<br>LEI: N/A                  | Long             | EC               |  | US        |     94646 | NS      | $8998941.68   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED | THERMO FISHER SCIENTIFIC INC COMMON STOCK | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               |  | US        |     16269 | NS      | $9427072.05   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.        | UNITED AIRLINES HOLDINGS INC COMMON STOCK | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               |  | US        |     73366 | NS      | $8203786.12   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                          | WALMART INC COMMON STOCK                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |     85846 | NS      | $9564102.86   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WARBY PARKER INC                      | WARBY PARKER INC-CLASS A COMMON STOCK     | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               |  | US        |    364276 | NS      | $7937574.04   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT, INC.                | WASTE MANAGEMENT INC COMMON STOCK         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               |  | US        |     43501 | NS      | $9557604.71   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp.         | WHEATON PRECIOUS METALS CORP COMMON STOCK | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               |  | US        |     79187 | NS      | $9306056.24   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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