# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-25-002153
**Filing Date:** 2025-6
**Character Count:** 8709
**Document Hash:** 08f34f06e772fbb907c8a40b8168d662
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-002153.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0002000324-25-002153

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**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:** 251075342

**BUSINESS ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

**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

### FIRE Funds(TM) Income Target ETF (Series ID: S000088498)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000254785 | FIRE Funds(TM) Income Target ETF | FIRI            |

## 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:** Fire Funds Income Target ETF

- **b. EDGAR series identifier (if any):** S000088498

- **c. LEI of Series:** 2549004637K12DJ29W85

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1152693.45

**Total Liabilities:** $14861.32

**Net Assets:** $1137832.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254785 | -0.09%               | 0.18%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-11462.25                                 |
| Month 2  | $-1516.14                | $-11770.05                                 |
| Month 3  | $-133.03                 | $-11324.37                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Academy Veteran Impact ETF                         | Academy Veteran Impact ETF                                 | CUSIP: 886364389<br>LEI: N/A                  | Long             | EC               | RF                | US        |      5377 | NS      | $107351.81    | 9.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cambria Tail Risk ETF                              | Cambria Tail Risk ETF                                      | CUSIP: 132061862<br>LEI: 549300EXKFU1EJJ2W222 | Long             | EC               | RF                | US        |      8294 | NS      | $105831.44    | 9.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Carbon Collective Short Duration Green Bond ETF    | Carbon Collective Short Duration Green Bond ETF            | CUSIP: 88636J535<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11825 | NS      | $240757.00    | 21.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Defiance Nasdaq 100 Enhanced Options & 0DTE Income | Defiance Nasdaq 100 Enhanced Options & 0DTE Income         | CUSIP: 88636J154<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1881 | NS      | $46065.69     | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli                     | First American Government Obligations Fund                 | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     50534 | NS      | $50533.64     | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| FolioBeyond Alternative Income                     | FolioBeyond Alternative Income and Interest Rate Hedge ETF | CUSIP: 886364637<br>LEI: 549300JTP3K4NOX5GH17 | Long             | EC               | RF                | US        |      3000 | NS      | $110400.00    | 9.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Short-Term Strategic Income ETF            | Madison Short-Term Strategic Income ETF                    | CUSIP: 557441201<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11712 | NS      | $240616.01    | 21.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Nicholas Fixed Income Alternative ETF              | Nicholas Fixed Income Alternative ETF                      | CUSIP: 88634T535<br>LEI: N/A                  | Long             | EC               | RF                | US        |      3082 | NS      | $55491.72     | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Enhanced Yield ETF                            | SoFi Enhanced Yield ETF                                    | CUSIP: 886364280<br>LEI: N/A                  | Long             | EC               | RF                | US        |      2532 | NS      | $37631.85     | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| YieldMax Bitcoin Option Income                     | YieldMax Bitcoin Option Income Strategy ETF                | CUSIP: 88636J428<br>LEI: 2549000RRVC36Z5IBG74 | Long             | EC               | RF                | US        |      3216 | NS      | $34057.44     | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| YieldMax Gold Miners Option Income Strategy ETF    | YieldMax Gold Miners Option Income Strategy ETF            | CUSIP: 88634T881<br>LEI: N/A                  | Long             | EC               | RF                | US        |      3180 | NS      | $49735.20     | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| YieldMax Ultra Option Income Strategy ETF          | YieldMax Ultra Option Income Strategy ETF                  | CUSIP: 88636J527<br>LEI: N/A                  | Long             | EC               | RF                | US        |      6355 | NS      | $37494.50     | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| YieldMax Xom Option Income Strategy ETF            | YieldMax Xom Option Income Strategy ETF                    | CUSIP: 88634T410<br>LEI: N/A                  | Long             | EC               | RF                | US        |      2844 | NS      | $36559.62     | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-26

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer