# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-001560
**Filing Date:** 2026-4
**Character Count:** 26554
**Document Hash:** 761599498a51c28ac0eee28280ae4f34
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001560.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0002000324-26-001560

**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:** 26871647

**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 Artificial Intelligence Supercycle ETF (Series ID: S000087829)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000253837 | VistaShares Artificial Intelligence Supercycle ETF | AIS             |

## Nport-Ex

**VistaShares Artificial Intelligence Supercycle ETF**

**Schedule of Investments**

**February 28, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 99.7%** | **Shares** | **Value** |
| **Industrial Products - 13.9%** | | |
| Advanced Energy Industries, Inc. | 9783 | $3282881 |
| GE Vernova, Inc. | 8762 | 7654483 |
| Legrand SA | 32450 | 5894532 |
| Vertiv Holdings Co. - Class A | 38237 | 9746229 |
|  |  | 26578125 |
| **Industrial Services - 0.8%** |  |  |
| Munters Group AB | 74282 | 1560131 |
| **Software & Tech Services - 4.3%** |  |  |
| Commvault Systems, Inc.<sup>(a)</sup> | 27171 | 2311709 |
| CrowdStrike Holdings, Inc. - Class A<sup>(a)</sup> | 1540 | 572849 |
| Kehua Data Co. Ltd. - Class A | 173819 | 1588424 |
| Nutanix, Inc. - Class A<sup>(a)</sup> | 52502 | 2009777 |
| Palo Alto Networks, Inc.<sup>(a)</sup> | 8400 | 1250928 |
| Zscaler, Inc.<sup>(a)</sup> | 3114 | 457727 |
|  |  | 8191414 |
| **Tech Hardware & Semiconductors - 77.8%<sup>(b)</sup>** |  |  |
| Advanced Micro Devices, Inc.<sup>(a)</sup> | 29127 | 5831517 |
| AP Memory Technology Corp. | 80190 | 1113786 |
| Arista Networks, Inc.<sup>(a)</sup> | 27888 | 3723048 |
| ARM Holdings PLC, ADR<sup>(a)</sup> | 19389 | 2471128 |
| Astera Labs, Inc.<sup>(a)</sup> | 16865 | 2004068 |
| Asustek Computer, Inc. | 155463 | 2649909 |
| Celestica, Inc.<sup>(a)</sup> | 3927 | 1090640 |
| Cisco Systems, Inc. | 16161 | 1284153 |
| Coherent Corp.<sup>(a)</sup> | 7945 | 2057199 |
| Corning, Inc. | 34472 | 5183899 |
| Credo Technology Group Holding Ltd.<sup>(a)</sup> | 10810 | 1213639 |
| Everpure, Inc. - Class A<sup>(a)</sup> | 12796 | 821759 |
| Extreme Networks, Inc.<sup>(a)</sup> | 207520 | 2901129 |
| Foxconn Industrial Internet Co. Ltd. - Class A | 849798 | 6904291 |
| GlobalFoundries, Inc.<sup>(a)</sup> | 110779 | 5267541 |
| GSI Technology, Inc.<sup>(a)</sup> | 142487 | 1162694 |
| Hewlett Packard Enterprise Co. | 33144 | 711602 |
| Hygon Information Technology Co. Ltd. - Class A<sup>(a)</sup> | 49811 | 1897057 |
| IEIT Systems Co. Ltd. - Class A | 230180 | 2144770 |
| Intel Corp.<sup>(a)</sup> | 173380 | 7907862 |
| King Yuan Electronics Co. Ltd.<sup>(a)</sup> | 75474 | 790747 |
| Marvell Technology, Inc. | 51269 | 4188164 |
| Micron Technology, Inc. | 27992 | 11543061 |

---

---

| | | |
|:---|:---|:---|
| Montage Technology Co. Ltd. - Class A | 116243 | $2773100 |
| MPI Corp.<sup>(a)</sup> | 7642 | 721082 |
| Nanya Technology Corp.<sup>(a)</sup> | 291416 | 2665703 |
| Navitas Semiconductor Corp.<sup>(a)</sup> | 404605 | 3641445 |
| Nokia Oyj | 163668 | 1252979 |
| NVIDIA Corp. | 38235 | 6774860 |
| Penguin Solutions, Inc.<sup>(a)</sup> | 46765 | 971777 |
| Quanta Computer, Inc. | 146139 | 1364888 |
| Sandisk Corp.<sup>(a)</sup> | 3632 | 2307627 |
| Seagate Technology Holdings PLC | 9790 | 3992753 |
| Silicon Motion Technology Corp., ADR | 43718 | 5649677 |
| SK Hynix, Inc. | 25943 | 19134879 |
| Super Micro Computer, Inc.<sup>(a)</sup> | 42607 | 1380041 |
| Taiwan Semiconductor Co. Ltd. | 300451 | 596840 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 24122 | 9035619 |
| TD SYNNEX Corp. | 8750 | 1372087 |
| Tower Semiconductor Ltd.<sup>(a)</sup> | 5816 | 734385 |
| Transcend Information, Inc. | 166358 | 1119323 |
| Vicor Corp.<sup>(a)</sup> | 34375 | 6923125 |
| Western Digital Corp. | 9137 | 2555619 |
|  |  | 149831472 |
| **Telecommunications - 2.5%** |  |  |
| NextDC Ltd.<sup>(a)</sup> | 473318 | 4681875 |
| **TOTAL COMMON STOCKS (Cost $148,500,991)** |  | 190843017 |
| **SHORT TERM INVESTMENTS - 0.7%** | **Shares** | **Value** |
| **Money Market Funds - 0.7%** |  |  |
| First American Government Obligations Fund - Class X, 3.60%<sup>(c)</sup> | 1388142 | 1388142 |
| **TOTAL SHORT TERM INVESTMENTS (Cost $1,388,142)** |  | 1388142 |
| **TOTAL INVESTMENTS - 100.4% (Cost $149,889,133)** |  | $192231159 |
| Liabilities in Excess of Other Assets - (0.4)% |  | (765174) |
| **TOTAL NET ASSETS - 100.0%** |  | $191465985 |

---

Percentages are stated as a percent of net assets.

ADR American Depositary Receipt

PLC Public Limited Company

(a) Non-income
producing security.

(b) To
 the extent that the Fund invests more heavily in a particular industry or sector of the
 economy, its performance will be especially sensitive to developments that significantly
 affect those industries or sectors.

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

## 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 Artificial Intelligence Supercycle ETF

- **b. EDGAR series identifier (if any):** S000087829

- **c. LEI of Series:** 254900QHIKELE6SQ4F04

**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:** $191943939.06

**Total Liabilities:** $3896936.22

**Net Assets:** $188047002.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253837 | 2.55%                | 13.50%               | 6.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1184686.38              | $1350159.64                                |
| Month 2  | $-528.29                 | $15240240.68                               |
| Month 3  | $-1503616.33             | $12038673.61                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Energy Industries Inc | Advanced Energy Industries Inc             | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |      9609 | NS      | $3224492.13   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     28608 | NS      | $5727607.68   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Memory Technology Corp      | AP Memory Technology Corp                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     80190 | NS      | $1113785.68   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     27390 | NS      | $3656565.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings PLC               | ARM Holdings PLC                           | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |     19044 | NS      | $2427157.80   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                | Astera Labs Inc                            | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     16565 | NS      | $1968418.95   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Asustek Computer Inc           | Asustek Computer Inc                       | CUSIP: N/A<br>LEI: 254900B3WB4OGRB7HM13       | Long             | EC               | CORP              | TW        |    155463 | NS      | $2649909.20   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc                  | Celestica Inc                              | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      3858 | NS      | $1071476.51   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     15873 | NS      | $1261268.58   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                  | Coherent Corp                              | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      7804 | NS      | $2020689.72   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc          | Commvault Systems Inc                      | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     26688 | NS      | $2270615.04   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     33857 | NS      | $5091415.66   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding | Credo Technology Group Holding Ltd         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     10618 | NS      | $1192082.86   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1513 | NS      | $562805.74    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc           | Extreme Networks Inc                       | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |    203815 | NS      | $2849333.70   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    791542 | NS      | $791542.10    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Foxconn Industrial Internet Co | Foxconn Industrial Internet Co Ltd         | CUSIP: Y2620V100<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    834698 | NS      | $6781609.26   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      8606 | NS      | $7518201.60   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES Inc            | GLOBALFOUNDRIES Inc                        | CUSIP: N/A<br>LEI: 549300BA76VK784VMX48       | Long             | EC               | CORP              | US        |    108802 | NS      | $5173535.10   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| GSI Technology Inc             | GSI Technology Inc                         | CUSIP: 36241U106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139943 | NS      | $1141934.88   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co  | Hewlett Packard Enterprise Co              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     32553 | NS      | $698912.91    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hygon Information Technology C | Hygon Information Technology Co Ltd        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     48923 | NS      | $1863237.20   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| IEIT Systems Co Ltd            | IEIT Systems Co Ltd                        | CUSIP: N/A<br>LEI: 3003002K6ZLEBRGRI729       | Long             | EC               | CORP              | CN        |    226080 | NS      | $2106566.86   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    170284 | NS      | $7766653.24   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kehua Data Co Ltd              | Kehua Data Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    170719 | NS      | $1560095.30   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| King Yuan Electronics Co Ltd   | King Yuan Electronics Co Ltd               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     75474 | NS      | $790746.79    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Legrand SA                     | Legrand SA                                 | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |     31871 | NS      | $5789356.46   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc         | Marvell Technology Inc                     | CUSIP: 573874104<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | EC               | CORP              | US        |     50354 | NS      | $4113418.26   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     27494 | NS      | $11337700.78  | 6.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Montage Technology Co Ltd      | Montage Technology Co Ltd                  | CUSIP: N/A<br>LEI: 836800ZMWT5PAN574D81       | Long             | EC               | CORP              | CN        |    114170 | NS      | $2723646.53   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MPI Corp                       | MPI Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      7642 | NS      | $721081.99    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Munters Group AB               | Munters Group AB                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |     72956 | NS      | $1532281.38   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Nanya Technology Corp          | Nanya Technology Corp                      | CUSIP: N/A<br>LEI: 254900STKVKJBRRO0835       | Long             | EC               | CORP              | TW        |    291416 | NS      | $2665703.37   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Navitas Semiconductor Corp     | Navitas Semiconductor Corp                 | CUSIP: 63942X106<br>LEI: 529900T4K9WALWC76S49 | Long             | EC               | CORP              | US        |    397381 | NS      | $3576429.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTDC Ltd                     | NEXTDC Ltd                                 | CUSIP: N/A<br>LEI: 529900RTERU3X7G3D672       | Long             | EC               | CORP              | AU        |    464867 | NS      | $4598281.06   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                      | Nokia Oyj                                  | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |    160746 | NS      | $1230609.55   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                    | Nutanix Inc                                | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |     51566 | NS      | $1973946.48   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     37554 | NS      | $6654193.26   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      8250 | NS      | $1228590.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc          | Penguin Solutions Inc                      | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |     45931 | NS      | $954446.18    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc               | Pure Storage Inc                           | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     12568 | NS      | $807116.96    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Computer Inc            | Quanta Computer Inc                        | CUSIP: N/A<br>LEI: 529900DE8BIV3XOXIK04       | Long             | EC               | CORP              | TW        |    146139 | NS      | $1364887.97   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp/DE                | Sandisk Corp/DE                            | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3569 | NS      | $2267599.84   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL | Seagate Technology Holdings PLC            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | US        |      9616 | NS      | $3921789.44   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp | Silicon Motion Technology Corp             | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | TW        |     42938 | NS      | $5548877.74   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc                   | SK hynix Inc                               | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |     25481 | NS      | $18794119.57  | 9.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                   | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     41848 | NS      | $1355456.72   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Co Ltd    | Taiwan Semiconductor Co Ltd                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    300451 | NS      | $596839.64    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                 | TD SYNNEX Corp                             | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |      8594 | NS      | $1347625.14   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Ltd        | Tower Semiconductor Ltd                    | CUSIP: N/A<br>LEI: 54930086ZSNXZOUX0C54       | Long             | EC               | CORP              | IL        |      5714 | NS      | $721505.61    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcend Information Inc      | Transcend Information Inc                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    166358 | NS      | $1119322.67   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     23693 | NS      | $8874923.94   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     37556 | NS      | $9572648.84   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                     | Vicor Corp                                 | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |     33763 | NS      | $6799868.20   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                       | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      8975 | NS      | $2510307.50   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                    | Zscaler Inc                                | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      3060 | NS      | $449789.40    | 0.24%             |  |  |  | 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