# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-001593
**Filing Date:** 2026-4
**Character Count:** 47394
**Document Hash:** ed81a5869a1c1d08cbfb2bf9aee14639
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001593.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0002000324-26-001593

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**PERIOD START**: 20261130

**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:** 26871834

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**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

### VistaShares Target 15TM S&P 100 Distribution ETF (Series ID: S000097291)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000266474 | VistaShares Target 15TM S&P 100 Distribution ETF |  |

## Nport-Ex

**VistaShares Target 15 S&P 100 Distribution ETF**

**Schedule of Investments**

**February 28, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 95.4%** | **Shares** | **Value** |
| **Banking - 4.0%** | | |
| Bank of America Corp. | 847 | $42206 |
| Citigroup, Inc. | 220 | 24242 |
| JPMorgan Chase & Co. | 352 | 105706 |
| U.S. Bancorp | 187 | 10221 |
| Wells Fargo & Co. | 396 | 32254 |
|  |  | 214629 |
| **Consumer Discretionary Products - 3.1%** |  |  |
| General Motors Co. | 110 | 8658 |
| Nike, Inc. - Class B | 154 | 9576 |
| Tesla, Inc.<sup>(a)</sup> | 363 | 146111 |
|  |  | 164345 |
| **Consumer Discretionary Services - 0.9%** |  |  |
| McDonald's Corp. | 88 | 30013 |
| Starbucks Corp. | 154 | 15095 |
|  |  | 45108 |
| **Consumer Staple Products - 3.7%** |  |  |
| Altria Group, Inc. | 209 | 14429 |
| Coca-Cola Co. | 495 | 40372 |
| Colgate-Palmolive Co. | 110 | 10905 |
| Mondelez International, Inc. - Class A | 165 | 10161 |
| PepsiCo, Inc. | 176 | 29874 |
| Philip Morris International, Inc. | 209 | 39048 |
| Procter & Gamble Co. | 308 | 51498 |
|  |  | 196287 |
| **Financial Services - 5.2%** |  |  |
| American Express Co. | 66 | 20387 |
| Bank of New York Mellon Corp. | 88 | 10481 |
| Blackrock, Inc. | 22 | 23391 |
| Capital One Financial Corp. | 77 | 15064 |
| Charles Schwab Corp. | 209 | 19897 |
| Goldman Sachs Group, Inc. | 33 | 28366 |
| Mastercard, Inc. - Class A | 110 | 56893 |
| Morgan Stanley | 143 | 23811 |
| PayPal Holdings, Inc. | 121 | 5591 |
| Visa, Inc. - Class A | 220 | 70431 |
|  |  | 274312 |
| **Health Care - 10.1%** |  |  |
| Abbott Laboratories | 231 | 26877 |
| AbbVie, Inc. | 220 | 51058 |
| Amgen, Inc. | 77 | 29888 |

---

---

| | | |
|:---|:---|:---|
| Bristol-Myers Squibb Co. | 242.0 | $15094 |
| CVS Health Corp. | 165.0 | 13183 |
| Danaher Corp. | 88.0 | 18536 |
| Eli Lilly & Co. | 110.0 | 115719 |
| Gilead Sciences, Inc. | 165.0 | 24577 |
| Intuitive Surgical, Inc.<sup>(a)</sup> | 44.0 | 22154 |
| Johnson & Johnson | 308.0 | 76516 |
| Medtronic PLC | 165.0 | 16114 |
| Merck & Co., Inc. | 330.0 | 40861 |
| Pfizer, Inc. | 715.0 | 19770 |
| Thermo Fisher Scientific, Inc. | 55.0 | 28661 |
| UnitedHealth Group, Inc. | 121.0 | 35486 |
|  |  | 534494 |
| **Industrial Products - 4.4%** |  |  |
| 3M Co. | 66.0 | 10911 |
| Boeing Co.<sup>(a)</sup> | 99.0 | 22525 |
| Caterpillar, Inc. | 55.0 | 40856 |
| Deere & Co. | 33.0 | 20780 |
| Emerson Electric Co. | 66.0 | 9950 |
| GE Aerospace | 132.0 | 45178 |
| General Dynamics Corp. | 33.0 | 11783 |
| Honeywell International, Inc. | 88.0 | 21436 |
| Lockheed Martin Corp. | 22.0 | 14478 |
| RTX Corp. | 165.0 | 33432 |
|  |  | 231329 |
| **Industrial Services - 0.8%** |  |  |
| FedEx Corp. | 33.0 | 12771 |
| Union Pacific Corp. | 77.0 | 20403 |
| United Parcel Service, Inc. - Class B | 99.0 | 11480 |
|  |  | 44654 |
| **Insurance - 2.5%** |  |  |
| American International Group, Inc. | 77.0 | 6198 |
| Berkshire Hathaway, Inc. - Class B<sup>(a)</sup> | 242.0 | 122198 |
| MetLife, Inc. | 66.0 | 4756 |
|  |  | 133152 |
| **Materials - 0.6%** |  |  |
| Linde PLC | 66.0 | 33533 |
| **Media - 13.6%** |  |  |
| Alphabet, Inc. - Class A | 748.0 | 233196 |
| Alphabet, Inc. - Class C | 597.0 | 185924 |
| Booking Holdings, Inc. | 2.0 | 8479 |
| Comcast Corp. - Class A | 462.0 | 14304 |
| Meta Platforms, Inc. - Class A | 275.0 | 178249 |
| Netflix, Inc.<sup>(a)</sup> | 605.0 | 58225 |
| Uber Technologies, Inc.<sup>(a)</sup> | 264.0 | 19911 |

---

---

| | | |
|:---|:---|:---|
| Walt Disney Co. | 220.0 | $23329 |
|  |  | 721617 |
| **Oil & Gas - 2.7%** |  |  |
| Chevron Corp. | 242.0 | 45196 |
| ConocoPhillips | 154.0 | 17473 |
| Exxon Mobil Corp. | 528.0 | 80520 |
|  |  | 143189 |
| **Real Estate - 0.4%** |  |  |
| American Tower Corp. - REIT | 55.0 | 10552 |
| Simon Property Group, Inc. - REIT | 44.0 | 8970 |
|  |  | 19522 |
| **Retail & Wholesale - Discretionary - 6.3%** |  |  |
| Amazon.com, Inc.<sup>(a)</sup> | 1254.0 | 263340 |
| Home Depot, Inc. | 132.0 | 50255 |
| Lowe's Cos., Inc. | 77.0 | 20372 |
|  |  | 333967 |
| **Retail & Wholesale - Staples - 2.5%** |  |  |
| Costco Wholesale Corp. | 55.0 | 55593 |
| Target Corp. | 55.0 | 6259 |
| Walmart, Inc. | 539.0 | 68965 |
|  |  | 130817 |
| **Software & Tech Services - 9.0%** |  |  |
| Accenture PLC - Class A | 77.0 | 16071 |
| Adobe, Inc.<sup>(a)</sup> | 55.0 | 14433 |
| International Business Machines Corp. | 121.0 | 29065 |
| Intuit, Inc. | 33.0 | 13498 |
| Microsoft Corp. | 757.0 | 297304 |
| Oracle Corp. | 212.0 | 30825 |
| Palantir Technologies, Inc. - Class A<sup>(a)</sup> | 275.0 | 37727 |
| Salesforce, Inc. | 110.0 | 21427 |
| ServiceNow, Inc.<sup>(a)</sup> | 165.0 | 17822 |
|  |  | 478172 |
| **Tech Hardware & Semiconductors - 23.3%** |  |  |
| Advanced Micro Devices, Inc.<sup>(a)</sup> | 198.0 | 39642 |
| Apple, Inc. | 1625.0 | 429292 |
| Broadcom, Inc. | 606.0 | 193647 |
| Cisco Systems, Inc. | 484.0 | 38459 |
| Intel Corp.<sup>(a)</sup> | 594.0 | 27092 |
| NVIDIA Corp. | 2646.0 | 468845 |
| QUALCOMM, Inc. | 132.0 | 18792 |
| Texas Instruments, Inc. | 110.0 | 23332 |
|  |  | 1239101 |
| **Telecommunications - 1.3%** |  |  |
| AT&T, Inc. | 935.0 | 26189 |

---

---

| | | | |
|:---|:---|:---|:---|
| T-Mobile US, Inc. |  | 66 | $14328 |
| Verizon Communications, Inc. |  | 539 | 27026 |
|  |  |  | 67543 |
| **Utilities - 1.0%** |  |  |  |
| Duke Energy Corp. |  | 110 | 14394 |
| NextEra Energy, Inc. |  | 275 | 25787 |
| Southern Co. |  | 143 | 13925 |
|  |  |  | 54106 |
| **TOTAL COMMON STOCKS (Cost $5,203,790)** |  |  | 5059877 |
| **PURCHASED OPTIONS - 0.2%<sup>(a)(b)(c)(d)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| **Call Options - 0.2%** |  |  |  |
| Apple, Inc., Expiration: 4/17/2026; Exercise Price: $265.00 | $79254 | 3 | 3150 |
| Microsoft Corp., Expiration: 4/17/2026; Exercise Price: $385.00 | 78548 | 2 | 4360 |
| NVIDIA Corp., Expiration: 4/17/2026; Exercise Price: $190.00 | 88595 | 5 | 3300 |
| **Total Call Options** |  |  | 10810 |
| **TOTAL PURCHASED OPTIONS (Cost $15,224)** |  |  | 10810 |
| **SHORT TERM INVESTMENTS - 3.9%** |  | **Shares** | **Value** |
| **Money Market Funds - 3.9%** |  |  |  |
| First American Government Obligations Fund - Class X, 3.60%<sup>(e)</sup> |  | 208945 | 208945 |
| **TOTAL SHORT TERM INVESTMENTS (Cost $208,945)** |  |  | 208945 |
| **TOTAL INVESTMENTS - 99.5% (Cost $5,427,959)** |  |  | $5279632 |
| Other Assets in Excess of Liabilities - 0.5% |  |  | 27565 |
| **TOTAL NET ASSETS - 100.0%** |  |  | $5307197 |

---

Percentages are stated as a percent of net assets.

PLC Public Limited Company

REIT Real Estate Investment Trust

(a) Non-income
 producing security.

(b) Exchange-traded.

(c) 100
 shares per contract.

(d) Held
 in connection with written option contracts. See Schedule of Written Options Contracts
 for further information.

(e) The
 rate shown represents the 7-day annualized effective yield as of February 28, 2026.

**VistaShares Target 15 S&P 100 Distribution ETF**

**Schedule of Written Options Contracts**

**February 28, 2026 (Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| <br>**WRITTEN OPTIONS - (1.4)%<sup>(a)(b)</sup>** | **Notional**<br>**Amount** |<br>**Contracts** |<br>**Value** |
| **Call Options - (1.1)%** | | | |
| S&P 100 Index, Expiration: 3/20/2026; Exercise Price: $3,400.00 | $(4351594) | (13) | $(51155) |
| S&P 100 Index, Expiration: 3/20/2026; Exercise Price: $3,380.00 | (1004214) | (3) | (10935) |
| **Total Call Options** |  |  | (62090) |
| **Put Options - (0.3)%** |  |  |  |
| Apple, Inc., Expiration: 4/17/2026; Exercise Price: $265.00 | (79254) | (3) | (2897) |
| Microsoft Corp., Expiration: 4/17/2026; Exercise Price: $385.00 | (78548) | (2) | (2421) |
| NVIDIA Corp., Expiration: 4/17/2026; Exercise Price: $190.00 | (88595) | (5) | (9097) |
| **Total Put Options** |  |  | (14415) |
| **TOTAL WRITTEN OPTIONS (Premiums received $86,650)** |  |  | $(76505) |

---

Percentages are stated as a percent of net assets.

(a) Exchange-traded.

(b) 100
 shares per contract.

## 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:** VistaShares Target 15 S&P 100 Distribution ETF

- **b. EDGAR series identifier (if any):** S000097291

- **c. LEI of Series:** 254900Y9IDYEC2U16N47

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $5385622.86

**Total Liabilities:** $78425.55

**Net Assets:** $5307197.31

**Cash Not Reported:** $101658.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000266474 | 0.73%                | 0.59%                | -1.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-5921.94                                  |
| Month 2  | $27009.97                | $-15657.49                                 |
| Month 3  | $28063.28                | $-122333.77                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 3M Co                          | 3M Co                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |        66 | NS      | $10911.12     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       231 | NS      | $26876.85     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       220 | NS      | $51057.60     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |        77 | NS      | $16071.44     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |        55 | NS      | $14432.55     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       198 | NS      | $39641.58     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       597 | NS      | $185923.71    | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       748 | NS      | $233196.48    | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc               | Altria Group Inc                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |       209 | NS      | $14429.36     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      1254 | NS      | $263340.00    | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |        66 | NS      | $20387.40     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I | American International Group Inc           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |        77 | NS      | $6197.73      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp            | American Tower Corp                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |        55 | NS      | $10552.30     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |        77 | NS      | $29888.32     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      1625 | NS      | $429292.50    | 8.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |       935 | NS      | $26189.35     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |       847 | NS      | $42206.01     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |        88 | NS      | $10480.80     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       242 | NS      | $122197.90    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        22 | NS      | $23391.06     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                  | Boeing Co/The                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |        99 | NS      | $22525.47     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |         2 | NS      | $8478.70      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co        | Bristol-Myers Squibb Co                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |       242 | NS      | $15093.54     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       606 | NS      | $193647.30    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |        77 | NS      | $15064.28     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |        55 | NS      | $40855.65     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |       209 | NS      | $19896.80     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       242 | NS      | $45195.92     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |       484 | NS      | $38458.64     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       220 | NS      | $24241.80     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       495 | NS      | $40372.20     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co           | Colgate-Palmolive Co                       | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |       110 | NS      | $10905.40     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                   | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |       462 | NS      | $14303.52     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                 | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |       154 | NS      | $17472.84     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |        55 | NS      | $55593.45     | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |       165 | NS      | $13183.50     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |        88 | NS      | $18536.32     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                     | Deere & Co                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |        33 | NS      | $20780.43     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       110 | NS      | $14393.50     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       110 | NS      | $115718.90    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co            | Emerson Electric Co                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |        66 | NS      | $9949.50      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       528 | NS      | $80520.00     | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |        33 | NS      | $12771.00     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    209037 | NS      | $209037.03    | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |        33 | NS      | $11782.65     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       132 | NS      | $45178.32     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co              | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |       110 | NS      | $8658.10      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       165 | NS      | $24576.75     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |        33 | NS      | $28365.81     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       132 | NS      | $50255.04     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc    | Honeywell International Inc                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |        88 | NS      | $21435.92     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                            | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       121 | NS      | $29065.41     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |       594 | NS      | $27092.34     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |        33 | NS      | $13497.99     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc         | Intuitive Surgical Inc                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |        44 | NS      | $22154.44     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       308 | NS      | $76516.44     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       352 | NS      | $105705.60    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                      | Linde PLC                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |        66 | NS      | $33533.28     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin Corp                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |        22 | NS      | $14477.76     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Cos Inc                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |        77 | NS      | $20371.89     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       110 | NS      | $56893.10     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |        88 | NS      | $30013.28     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |       165 | NS      | $16113.90     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       330 | NS      | $40860.60     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       275 | NS      | $178249.50    | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                    | MetLife Inc                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |        66 | NS      | $4756.62      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       757 | NS      | $297304.18    | 5.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc     | Mondelez International Inc                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |       165 | NS      | $10160.70     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       143 | NS      | $23810.93     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AAPL 04/17/2026 265 P                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -3 | NC      | $-2896.78     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Apple Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $3150.00      | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Microsoft Corp                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $4360.00      | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MSFT 04/17/2026 385 P                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-2420.95     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVDA 04/17/2026 190 P                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -5 | NC      | $-9097.11     | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $3300.00      | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | XEO US 03/20/26 C3380                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -3 | NC      | $-10935.00    | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | XEO US 03/20/26 C3400                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -13 | NC      | $-51155.00    | -0.96%            |  |  |  | No            |                  2 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       605 | NS      | $58225.20     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       275 | NS      | $25786.75     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                       | NIKE Inc                                   | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |       154 | NS      | $9575.72      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      2646 | NS      | $468844.74    | 8.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       212 | NS      | $30824.80     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |       275 | NS      | $37727.25     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |       121 | NS      | $5591.41      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo Inc                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       176 | NS      | $29874.24     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |       715 | NS      | $19769.75     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |       209 | NS      | $39047.47     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |       308 | NS      | $51497.60     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       132 | NS      | $18791.52     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                       | RTX Corp                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |       165 | NS      | $33432.30     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       110 | NS      | $21426.90     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       165 | NS      | $17821.65     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc       | Simon Property Group Inc                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |        44 | NS      | $8969.40      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                | Southern Co/The                            | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |       143 | NS      | $13925.34     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                 | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       154 | NS      | $15095.08     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                    | Target Corp                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |        55 | NS      | $6258.45      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       363 | NS      | $146111.13    | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       110 | NS      | $23332.10     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |        55 | NS      | $28661.05     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |        66 | NS      | $14327.94     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |       264 | NS      | $19910.88     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |        77 | NS      | $20403.46     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc      | United Parcel Service Inc                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |        99 | NS      | $11480.04     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       121 | NS      | $35485.67     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       187 | NS      | $10221.42     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       539 | NS      | $27025.46     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       220 | NS      | $70430.80     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |       539 | NS      | $68965.05     | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       220 | NS      | $23328.80     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |       396 | NS      | $32254.20     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-14

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer