# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-006372
**Filing Date:** 2026-5
**Character Count:** 35652
**Document Hash:** ce365c296047d18a9f3fca2194c61513
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-006372.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0000910472-26-006372

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260507

**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:** 26955344

**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

### The Covered Bridge Fund (Series ID: S000041869)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000129981 | The Covered Bridge Fund Class A Shares | TCBAX           |
| C000129983 | The Covered Bridge Fund Class I Shares | TCBIX           |

## 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:** The Covered Bridge Fund

- **b. EDGAR series identifier (if any):** S000041869

- **c. LEI of Series:** 549300JJPYRG5UTEFL50

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

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

- **b. Date as of which information is reported:** 2026-03-31

**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:** $114002046.23

**Total Liabilities:** $956819.67

**Net Assets:** $113045226.56

**Cash Not Reported:** $4583386.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000129981 | 3.30%                | 2.02%                | -2.90%               |
| Class ID C000129983 | 3.33%                | 2.15%                | -2.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $566399.06               | $2812291.02                                |
| Month 2  | $1265382.63              | $463556.99                                 |
| Month 3  | $388037.54               | $-5516870.84                               |

**Designated Index Information**

- **Index Name:** The Covered Bridge Fund DRP

- **Index Identifier:** THE COVERED BRIDGE FUND DRP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T Inc                              | AT&T INC               | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     80000 | NS      | $2319200.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                    | ALTRIA GROUP INC       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     10000 | NS      | $659900.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                            | APPLE INC              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4400 | NS      | $1116676.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corporation            | AVERY DENNISON         | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     11900 | NS      | $2054892.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                 | BANK OF AMERICA        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     32000 | NS      | $1560000.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company          | BRISTOL-MYER SQB       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     20000 | NS      | $1213000.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                          | BROADCOM INC           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5000 | NS      | $1547550.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.          | CF INDUSTRIES HO       | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      5000 | NS      | $649200.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| The Chemours Company LLC              | CHEMOURS CO            | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |     85000 | NS      | $1872550.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                   | EXPAND ENERGY CO       | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     15000 | NS      | $1646700.00   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                         | CHEVRON CORP           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $827600.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                   | CISCO SYSTEMS          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     12000 | NS      | $931080.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                    | COCA-COLA CO/THE       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     16000 | NS      | $1216800.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                    | CONAGRA BRANDS I       | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     80000 | NS      | $1257600.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                   | WALT DISNEY CO/T       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     25000 | NS      | $2409500.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                   | DOMINION ENERGY        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     38900 | NS      | $2404798.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                      | DUKE ENERGY CORP       | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     10000 | NS      | $1309400.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                    | EOG RESOURCES          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      8000 | NS      | $1156560.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                     | EXXON MOBIL CORP       | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3000 | NS      | $508980.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.             | FIRST AM-TR OB-X       | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   9105747 | PA      | $9105746.97   | 8.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                   | GENERAL MILLS IN       | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     54000 | NS      | $2009880.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                     | HERSHEY CO/THE         | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      7500 | NS      | $1559175.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.        | HEWLETT PACKA          | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     80000 | NS      | $1904800.00   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                       | HOME DEPOT INC         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      7000 | NS      | $2302230.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.          | HONEYWELL INTL         | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5000 | NS      | $1130150.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                     | INTEL CORP             | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     66000 | NS      | $2912580.00   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp. | IBM                    | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      9000 | NS      | $2181510.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                  | JPMORGAN CHASE         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      8000 | NS      | $2353280.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                          | KOHLS CORP             | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     23000 | NS      | $296700.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kraft Heinz Co.                   | KRAFT HEINZ CO/T       | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     57000 | NS      | $1281930.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                          | LENNAR CORP-A          | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     14000 | NS      | $1215760.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                       | ELI LILLY & CO         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1500 | NS      | $1379655.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                      | MCDONALDS CORP         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      7500 | NS      | $2330925.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                      | MERCK & CO             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      6000 | NS      | $721740.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                       | MICROSOFT CORP         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     14000 | NS      | $5182380.00   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Incorporated     | MICROCHIP TECH         | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     20000 | NS      | $1292200.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                            | NIKE INC -CL B         | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     32000 | NS      | $1690240.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                           | NUTRIEN LTD            | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     25000 | NS      | $1886500.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                          | ORACLE CORP            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     15000 | NS      | $2206650.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                  | PAYPAL HOLDINGS        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     24000 | NS      | $1085520.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                           | PFIZER INC             | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    115000 | NS      | $3229200.00   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.              | PROCTER & GAMBLE       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     15000 | NS      | $2166600.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                         | QUALCOMM INC           | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     16000 | NS      | $2060480.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                       | SALESFORCE INC         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     12000 | NS      | $2240040.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                              | SLB LTD                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     22500 | NS      | $1156275.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                | SEMPRA                 | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     15000 | NS      | $1457550.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                       | STARBUCKS CORP         | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     20000 | NS      | $1791800.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                     | SYSCO CORP             | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     14000 | NS      | $998620.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                          | TARGET CORP            | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     12000 | NS      | $1454400.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.             | TRAVELERS COS IN       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      2000 | NS      | $583360.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                | TRUIST FINANCIAL       | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     40500 | NS      | $1861785.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                         | US BANCORP             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     20000 | NS      | $1040200.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.           | UNITED PARCEL-B        | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     28000 | NS      | $2754640.00   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.               | UNITEDHEALTH GRP       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      7200 | NS      | $1948248.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.           | VERIZON COMMUNIC       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     61000 | NS      | $3062200.00   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                              | VISA INC-CLASS A       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3200 | NS      | $967168.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                     | WELLS FARGO & CO       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     21000 | NS      | $1671810.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Company                  | WEYERHAEUSER CO        | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     45000 | NS      | $1099350.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | AAPL US 04/17/26 C250  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -22 | NC      | $-18810.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ACN US 04/17/26 C205   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -20 | NC      | $-7140.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | AVGO US 04/17/26 C320  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -17 | NC      | $-13005.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | AVGO US 04/17/26 C325  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |        -8 | NC      | $-4680.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | BAC US 04/17/26 C45    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -115 | NC      | $-48875.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | BMY US 04/17/26 C58    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -30 | NC      | $-7680.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | BMY US 04/17/26 C60    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -70 | NC      | $-10360.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CAG US 04/17/26 C15    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -200 | NC      | $-20000.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CC US 04/17/26 C20     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -350 | NC      | $-87850.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CF US 04/17/26 C135    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -25 | NC      | $-10875.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CRM US 04/17/26 C195   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -26 | NC      | $-8372.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CSCO US 04/17/26 C77.5 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -60 | NC      | $-11700.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | CVX US 04/17/26 C202.5 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -20 | NC      | $-13600.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | DIS US 04/17/26 C101   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -50 | NC      | $-3950.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | DUK US 04/17/26 C125   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -15 | NC      | $-9000.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | DUK US 04/17/26 C130   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -35 | NC      | $-9450.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | EOG US 04/17/26 C140   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -40 | NC      | $-23120.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | EXE US 04/17/26 C105   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -50 | NC      | $-34500.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                         | ACCENTURE PLC-A        | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     14000 | NS      | $2776060.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                         | MEDTRONIC PLC          | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     25000 | NS      | $2166250.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | HON US 04/17/26 C230   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -25 | NC      | $-8750.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | HPE US 04/17/26 C21    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |      -100 | NC      | $-25000.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | HPE US 05/15/26 C27    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -300 | NC      | $-15000.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | HSY US 04/17/26 C210   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -25 | NC      | $-13000.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | IBM US 04/17/26 C250   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -45 | NC      | $-18000.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | JPM US 04/17/26 C285   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -10 | NC      | $-13740.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | KO US 04/17/26 C75     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -80 | NC      | $-17760.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | LLY US 04/17/26 C920   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |        -7 | NC      | $-21140.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MCD US 04/17/26 C310   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -25 | NC      | $-16500.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MO US 04/17/26 C65     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -50 | NC      | $-10300.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | MRK US 04/17/26 C110   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -30 | NC      | $-32880.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | NTR US 05/15/26 C75    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -100 | NC      | $-44000.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | ORCL US 04/17/26 C155  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -30 | NC      | $-9600.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | PFE US 04/17/26 C27    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -150 | NC      | $-20250.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | PYPL US 04/17/26 C45.5 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -80 | NC      | $-12800.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | SLB US 04/17/26 C47.5  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -75 | NC      | $-34875.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | SRE US 04/17/26 C95    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -75 | NC      | $-25500.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Sycamore                              | SYCAMORE -RIGHT        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |    120000 | NS      | $63600.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | SYY US 04/17/26 C82.5  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -70 | NC      | $-2100.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | T US 04/17/26 C28      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -200 | NC      | $-19200.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | TGT US 04/17/26 C115   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -60 | NC      | $-42600.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | TRV US 04/17/26 C300   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -20 | NC      | $-8700.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | UNH US 04/17/26 C290   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -24 | NC      | $-9720.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | USB US 04/17/26 C50    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |      -100 | NC      | $-24500.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | V US 04/17/26 C310     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -16 | NC      | $-6320.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | WFC US 04/17/26 C80    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -60 | NC      | $-16680.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | XOM US 04/17/26 C160   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | N/A       |       -15 | NC      | $-17415.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

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

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer