# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0002048251-25-003867
**Filing Date:** 2025-12
**Character Count:** 28258
**Document Hash:** b741ace6482e38b1853e155d4d394f93
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-003867.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0002048251-25-003867

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22920
- **FILM NUMBER:** 251610507

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (800) 342-5734

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### Knights of Columbus Large Cap Growth Fund (Series ID: S000048264)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000152511 | I Shares       | KCGIX           |
| C000158708 | Class S Shares | KCGSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ADVISORS' INNER CIRCLE III

- **b. Investment Company Act file number:** 811-22920

- **c. CIK number of Registrant:** 0001593547

- **d. LEI of Registrant:** 549300TG800HOPJVWT31

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

**Item A.2. Information about the Series.**

- **a. Name of Series:** Knights of Columbus Large Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000048264

- **c. LEI of Series:** 549300FLGFEXBN3Z0G81

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $284898515.22

**Total Liabilities:** $222118.50

**Net Assets:** $284676396.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000158708 | 3.35%                | 4.89%                | 1.70%                |
| Class ID C000152511 | 3.37%                | 4.90%                | 1.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3269006.44              | $6021495.56                                |
| Month 2  | $1733759.50              | $11237963.35                               |
| Month 3  | $332943.12               | $4068036.02                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GILEAD SCIENCES, INC.                    | GILEAD SCIENCES INC COMMON STOCK          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |     12246 | NS      | $1466948.34   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                             | WALMART INC COMMON STOCK                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               |  | US        |     35900 | NS      | $3632362.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                            | BROADCOM INC COMMON STOCK                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               |  | US        |     34658 | NS      | $12810636.54  | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOLAB INC.                              | ECOLAB INC COMMON STOCK                   | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               |  | US        |      8616 | NS      | $2209142.40   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORPORATION PUBLIC LIMITED COMPANY | EATON CORP PLC COMMON STOCK               | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               |  | US        |      1865 | NS      | $711609.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL, INC.                 | INTUITIVE SURGICAL INC COMMON STOCK       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               |  | US        |      4225 | NS      | $2257333.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                          | KLA CORP COMMON STOCK                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               |  | US        |      2037 | NS      | $2462203.38   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.             | ADVANCED MICRO DEVICES COMMON STOCK       | CUSIP: N/A<br>LEI: R2I72C950HOYXII45366       | Long             | EC               |  | US        |     11169 | NS      | $2860604.28   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                               | APPLE INC COMMON STOCK                    | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | Long             | EC               |  | US        |    101485 | NS      | $27438499.45  | 9.64%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation  | BANK OF NEW YORK MELLON CORP COMMON STOCK | CUSIP: N/A<br>LEI: WFLLPEPC7FZXENRZV188       | Long             | EC               |  | US        |     21779 | NS      | $2350607.47   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MUELLER INDUSTRIES, INC.                 | MUELLER INDUSTRIES INC COMMON STOCK       | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               |  | US        |     15346 | NS      | $1624681.02   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX, INC.                            | NETFLIX INC COMMON STOCK                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               |  | US        |      2792 | NS      | $3123857.12   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TJX COMPANIES, INC.                  | TJX COMPANIES INC COMMON STOCK            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               |  | US        |     16115 | NS      | $2258356.10   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC.                              | TWILIO INC - A COMMON STOCK               | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               |  | US        |     11100 | NS      | $1497168.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW, INC.                         | SERVICENOW INC COMMON STOCK               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               |  | US        |      1356 | NS      | $1246543.68   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| DARDEN RESTAURANTS, INC.                 | DARDEN RESTAURANTS INC COMMON STOCK       | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               |  | US        |      8522 | NS      | $1535238.30   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.            | GOLDMAN SACHS GROUP INC COMMON STOCK      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      3750 | NS      | $2960137.50   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT, INC.                   | WASTE MANAGEMENT INC COMMON STOCK         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               |  | US        |     12126 | NS      | $2422411.02   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                     | META PLATFORMS INC COMMON STOCK           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |     14676 | NS      | $9515184.60   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                               | ADOBE INC COMMON STOCK                    | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               |  | US        |      4388 | NS      | $1493280.28   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION                    | MICROSOFT CORP COMMON STOCK               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               |  | US        |     53291 | NS      | $27594612.71  | 9.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.                  | SPOTIFY TECHNOLOGY SA COMMON STOCK        | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               |  | US        |       878 | NS      | $575370.96    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP.                             | Vistra Corp. COMMON STOCK                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               |  | US        |      7611 | NS      | $1433151.30   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC.                              | INTUIT INC COMMON STOCK                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               |  | US        |      3438 | NS      | $2295036.90   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                       | NVIDIA CORP COMMON STOCK                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |    158783 | NS      | $32151969.67  | 11.29%            |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                            | ALPHABET INC-CL A COMMON STOCK            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     42523 | NS      | $11957042.37  | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH, INC.                           | DOORDASH INC - A COMMON STOCK             | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               |  | US        |      5327 | NS      | $1355028.99   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED RENTALS, INC.                     | UNITED RENTALS INC COMMON STOCK           | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               |  | US        |      1755 | NS      | $1528920.90   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd                      | VIKING HOLDINGS LTD COMMON STOCK          | CUSIP: G93A5A101<br>LEI: N/A                  | Long             | EC               |  | US        |     22629 | NS      | $1376974.65   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORPORATION             | ON SEMICONDUCTOR COMMON STOCK             | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               |  | US        |     23890 | NS      | $1196411.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP, INC.               | SIMON PROPERTY GROUP INC REIT             | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |      9954 | NS      | $1749515.04   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                                | VISA INC-CLASS A SHARES COMMON STOCK      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               |  | US        |     16274 | NS      | $5545202.76   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INCORPORATED.                 | MASTERCARD INC - A COMMON STOCK           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               |  | US        |      6621 | NS      | $3654725.79   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP, INC.                        | EMCOR GROUP INC COMMON STOCK              | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               |  | US        |      2315 | NS      | $1564430.70   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                  | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK  | CUSIP: N/A<br>LEI: 5493000C01ZX7D35SD85       | Long             | EC               |  | US        |      9892 | NS      | $4723825.68   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                             | CUMMINS INC COMMON STOCK                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               |  | US        |      4946 | NS      | $2164765.28   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC COMPANY                 | GE AEROSPACE COMMON STOCK                 | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               |  | US        |     11568 | NS      | $3573933.60   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                    | COCA-COLA CO/THE COMMON STOCK             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               |  | US        |     38053 | NS      | $2621851.70   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS, INC.                    | ARISTA NETWORKS INC COMMON STOCK          | CUSIP: N/A<br>LEI: 635400H1WKBLOQERUU95       | Long             | EC               |  | US        |     11890 | NS      | $1874934.10   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                         | CATERPILLAR INC COMMON STOCK              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               |  | US        |      5457 | NS      | $3150107.82   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST, INC.                              | TOAST INC-CLASS A COMMON STOCK            | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               |  | US        |     29288 | NS      | $1058468.32   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC.                          | GE VERNOVA INC COMMON STOCK               | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               |  | US        |      3100 | NS      | $1813934.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY         | ACCENTURE PLC-CL A COMMON STOCK           | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               |  | US        |      3228 | NS      | $807322.80    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED           | TEXAS INSTRUMENTS INC COMMON STOCK        | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               |  | US        |      9813 | NS      | $1584406.98   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORPORATION                      | INSULET CORP COMMON STOCK                 | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               |  | US        |      4512 | NS      | $1412301.12   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| API GROUP CORPORATION                    | API GROUP CORP COMMON STOCK               | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               |  | US        |     20817 | NS      | $766481.94    | 0.27%             |  |  |  | Yes           |                  1 | On Loan: No      |
| N/A                                      | BROWN BROTHERS HARRIMAN SWEEP INTEREST    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   2901425 | PA      | $2901425.38   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORPORATION             | MONSTER BEVERAGE CORP COMMON STOCK        | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               |  | US        |     15077 | NS      | $1007595.91   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBERARK SOFTWARE LTD.                   | CYBERARK SOFTWARE LTD/ISRAEL COMMON STOCK | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               |  | US        |      3438 | NS      | $1790441.64   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC.                            | EVERCORE INC - A COMMON STOCK             | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               |  | US        |      2276 | NS      | $670418.56    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ALLSTATE CORPORATION                 | ALLSTATE CORP COMMON STOCK                | CUSIP: N/A<br>LEI: OBT0W1ED8G0NWVOLOJ77       | Long             | EC               |  | US        |      6462 | NS      | $1237602.24   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                      | ENTERGY CORP COMMON STOCK                 | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               |  | US        |     12757 | NS      | $1225820.13   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC.               | PALANTIR TECHNOLOGIES INC-A COMMON STOCK  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               |  | US        |     13722 | NS      | $2750849.34   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROGRESSIVE CORPORATION              | PROGRESSIVE CORP COMMON STOCK             | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               |  | US        |     11529 | NS      | $2374974.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                           | SNOWFLAKE INC COMMON STOCK                | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               |  | US        |      4962 | NS      | $1363954.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORPORATION                       | ORACLE CORP COMMON STOCK                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               |  | US        |     10929 | NS      | $2870064.69   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize AG                                | AMRIZE LTD COMMON STOCK                   | CUSIP: H2927K103<br>LEI: 529900SLCCO6K43P8146 | Long             | EC               |  | US        |     24718 | NS      | $1281381.12   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORPORATION                     | APPLOVIN CORP-CLASS A COMMON STOCK        | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               |  | US        |      1536 | NS      | $978938.88    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                            | ALPHABET INC-CL C COMMON STOCK            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |     36254 | NS      | $10217102.28  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA, INC.                              | TESLA INC COMMON STOCK                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               |  | US        |     19067 | NS      | $8705229.52   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SOFI TECHNOLOGIES, INC.                  | SOFI TECHNOLOGIES INC COMMON STOCK        | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               |  | US        |     67681 | NS      | $2008772.08   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY, INC.                    | CHENIERE ENERGY INC COMMON STOCK          | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               |  | US        |      6941 | NS      | $1471492.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                 | AMERICAN EXPRESS CO COMMON STOCK          | CUSIP: N/A<br>LEI: R4PP93JZOLY261QX3811       | Long             | EC               |  | US        |      6701 | NS      | $2417251.73   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                         | SALESFORCE INC COMMON STOCK               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               |  | US        |     11673 | NS      | $3039765.93   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORPORATION                      | STRYKER CORP COMMON STOCK                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               |  | US        |      6517 | NS      | $2321616.08   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS, INC.                 | PALO ALTO NETWORKS INC COMMON STOCK       | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               |  | US        |      9882 | NS      | $2176411.68   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE, INC.                         | CLOUDFLARE INC - CLASS A COMMON STOCK     | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               |  | US        |      5420 | NS      | $1372886.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                  | UBER TECHNOLOGIES INC COMMON STOCK        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               |  | US        |     31432 | NS      | $3033188.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE, INC.                           | AUTOZONE INC COMMON STOCK                 | CUSIP: N/A<br>LEI: GA3JGKJ41LJKXDN23E90       | Long             | EC               |  | US        |       485 | NS      | $1782098.55   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC.                           | WELLTOWER INC REIT                        | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |     18030 | NS      | $3264151.20   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION             | COSTCO WHOLESALE CORP COMMON STOCK        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               |  | US        |      2952 | NS      | $2690600.40   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION                 | LAM RESEARCH CORP COMMON STOCK            | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               |  | US        |      7714 | NS      | $1214646.44   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORPORATION            | BOSTON SCIENTIFIC CORP COMMON STOCK       | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               |  | US        |     22976 | NS      | $2314142.72   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY             | PROCTER & GAMBLE CO/THE COMMON STOCK      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               |  | US        |     16992 | NS      | $2555087.04   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                     | JPMORGAN CHASE & CO COMMON STOCK          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |     17232 | NS      | $5361219.84   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & COMPANY                          | DEERE & CO COMMON STOCK                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               |  | US        |      1169 | NS      | $539645.47    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI INC                                  | ATI Inc COMMON STOCK                      | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               |  | US        |     14823 | NS      | $1467032.31   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE, INC.               | BUILDERS FIRSTSOURCE INC COMMON STOCK     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               |  | US        |      8021 | NS      | $931799.57    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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