# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-007918
**Filing Date:** 2026-5
**Character Count:** 19388
**Document Hash:** 535e10a31391b2a8caa343f9b4c11fee
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007918.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007918

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**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:** 261032239

**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

### Counterpoint Quantitative Equity ETF (Series ID: S000083027)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000246525 | Counterpoint Quantitative Equity ETF | CPAI            |

## 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:** Counterpoint Quantitative Equity ETF

- **b. EDGAR series identifier (if any):** S000083027

- **c. LEI of Series:** 529900V91WU1089XRL02

**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:** $392128426.61

**Total Liabilities:** $182377927.24

**Net Assets:** $209750499.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246525 | 7.60%                | 3.37%                | -6.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $157028.98               | $10370513.03                               |
| Month 2  | $54007.84                | $6554042.30                                |
| Month 3  | $3184415.59              | $-16975931.20                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMN Healthcare Services Inc                | AMN HEALTHCARE    | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |    228943 | NS      | $4198814.62   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold.com Inc.                              | GOLD.COM INC      | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |    104646 | NS      | $4194211.68   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp              | ADAPTIVE BIOTECH  | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |    307268 | NS      | $4264879.84   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                     | AGNICO EAGLE MIN  | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     20744 | NS      | $4210617.12   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Companies Inc.                  | ALBERTSONS COS-A  | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    246573 | NS      | $4201603.92   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                              | ALPHABET INC-A    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     14611 | NS      | $4201539.16   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                            | ASTERA LABS INC   | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     38257 | NS      | $4192967.20   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.            | AUTOMATIC DATA    | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     20695 | NS      | $4204810.10   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Intermediate Holdings Inc.        | BELLRING BRANDS   | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    259222 | NS      | $4170881.98   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company               | BRISTOL-MYER SQB  | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     69463 | NS      | $4212930.95   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.        | BROADRIDGE FINL   | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     25917 | NS      | $4210994.16   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookdale Senior Living Inc.               | BROOKDALE SR      | CUSIP: 112463104<br>LEI: LH7MQB13NWY7CJ9VC445 | Long             | EC               | CORP              | US        |    304592 | NS      | $4166818.56   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Inc.                                 | CALIX INC         | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |     85456 | NS      | $4186489.44   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                              | CENTENE CORP      | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    127755 | NS      | $4182698.70   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc.                     | EXCELERATE ENE-A  | CUSIP: 30069T101<br>LEI: 254900J6DPU4HB368I65 | Long             | EC               | CORP              | US        |    125387 | NS      | $4190433.54   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                   | EXLSERVICE HOLDI  | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |    137786 | NS      | $4195583.70   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc.                                | EZCORP INC-A      | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |    166635 | NS      | $4229196.30   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | FIDELITY NATIONA  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     89200 | NS      | $4184372.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| First Majestic Silver Corp.                | FIRST MAJESTIC S  | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |    194537 | NS      | $4178654.76   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| T1 Energy Inc.                             | T1 ENERGY INC     | CUSIP: 35834F104<br>LEI: 529900H0645VFXNMJ693 | Long             | EC               | CORP              | US        |    942521 | NS      | $4137667.19   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                     | GENERAL MOTORS C  | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     56373 | NS      | $4199788.50   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.      | IBM               | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     17415 | NS      | $4221221.85   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                        | LEIDOS HOLDINGS   | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     27066 | NS      | $4209304.32   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lightpath Technologies Inc.                | LIGHTPATH TECH-A  | CUSIP: 532257805<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    423658 | NS      | $4249289.74   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                            | ELI LILLY & CO    | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4570 | NS      | $4203348.90   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Marqeta Inc                                | MARQETA INC-A     | CUSIP: 57142B104<br>LEI: 254900UZARK0FMZGZE18 | Long             | EC               | CORP              | US        |   1035609 | NS      | $4225284.72   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                                | MAXIMUS INC       | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     65452 | NS      | $4195473.20   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                     | MICRON TECH       | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     12489 | NS      | $4219283.76   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                      | MONSTER BEVERAGE  | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     58051 | NS      | $4206375.46   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ondas Inc.                                 | ONDAS INC         | CUSIP: 68236H204<br>LEI: 549300JWLHDUB82V8607 | Long             | EC               | CORP              | US        |    462427 | NS      | $4180340.08   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                           | SPS COMMERCE INC  | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |     75612 | NS      | $4209320.04   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The J M Smucker Company                    | JM SMUCKER CO     | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     43608 | NS      | $4205555.52   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                       | TENABLE HOLDINGS  | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |    248472 | NS      | $4202903.88   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                              | TERADATA CORP     | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    164093 | NS      | $4205703.59   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                              | TERADYNE INC      | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     14131 | NS      | $4189276.26   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| The Trade Desk Inc                         | TRADE DESK INC-A  | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    180551 | NS      | $4096702.19   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| The Realreal Inc                           | REALREAL INC/THE  | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Long             | EC               | CORP              | US        |    465507 | NS      | $4226803.56   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods, Inc.                 | UNITED NATURAL    | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |     93683 | NS      | $4221355.98   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corporation                 | VERRA MOBILITY C  | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    293507 | NS      | $4194215.03   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                                 | VERTEX INC - A    | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |    358174 | NS      | $4258688.86   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc                        | VIAVI SOLUTIONS   | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    127251 | NS      | $4234913.28   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                                | VIATRIS INC       | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    311882 | NS      | $4213525.82   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                | ZOETIS INC        | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     35619 | NS      | $4210521.99   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE                          | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    603083 | PA      | $603083.36    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd         | CREDO TECHNOLOGY  | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     44857 | NS      | $4210726.59   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd.                               | GENPACT LTD       | CUSIP: G3922B107<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |    113021 | NS      | $4210032.25   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd.                        | LIBERTY GLOBAL-A  | CUSIP: G61188101<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | BM        |    343086 | NS      | $4147909.74   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA         | MILLICOM INTL     | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     56020 | NS      | $4198138.80   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.Com Limited                         | MONDAY.COM LTD    | CUSIP: M7S64H106<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |     60724 | NS      | $4196635.64   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT Holdings Inc.                          | DHT HOLDINGS INC  | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |    229694 | NS      | $4196509.38   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Bulk Carriers Corp.                   | STAR BULK CARRIE  | CUSIP: Y8162K204<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | MH        |    183715 | NS      | $4219933.55   | 2.01%             |  |  |  | No            |                  1 | 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