# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0002048251-26-005347
**Filing Date:** 2026-6
**Character Count:** 26443
**Document Hash:** f8de86b6721f5e10f1fbca97b357a3d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-005347.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0002048251-26-005347

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**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:** 261124058

**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

### CCT Thematic Equity Fund (Series ID: S000069656)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000222147 | Institutional Shares | THMEX           |

## Nport-Ex

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND III** | **CCT THEMATIC EQUITY FUND** <br> **APRIL 30, 2026** <br> **(Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  |
| **COMMON STOCK — 94.9%** | **COMMON STOCK — 94.9%** | **COMMON STOCK — 94.9%** |
|  | **Shares** | **Value<br> (000)** |
| **BELGIUM — 2.0%** | **BELGIUM — 2.0%** | **BELGIUM — 2.0%** |
| **REAL ESTATE — 2.0%** | **REAL ESTATE — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;VGP  | 9051 | $927 |
|  |  | 927 |
| **CANADA — 3.3%** | **CANADA — 3.3%** | **CANADA — 3.3%** |
| **MATERIALS — 3.3%** | **MATERIALS — 3.3%** |  |
| &nbsp;&nbsp;&nbsp;Franco-Nevada  | 6786 | 1563 |
|  |  | 1563 |
| **DENMARK — 1.1%** | **DENMARK — 1.1%** | **DENMARK — 1.1%** |
| **HEALTH CARE — 1.1%** | **HEALTH CARE — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;Ascendis Pharma \* | 2276 | 522 |
|  |  | 522 |
| **FRANCE — 4.7%** | **FRANCE — 4.7%** | **FRANCE — 4.7%** |
| **CONSUMER DISCRETIONARY — 1.8%** | **CONSUMER DISCRETIONARY — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;Accor  | 16703 | 826 |
| **CONSUMER STAPLES — 1.6%** | **CONSUMER STAPLES — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;L'Oreal ADR  | 8845 | 762 |
| **INDUSTRIALS — 1.3%** | **INDUSTRIALS — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;Airbus ADR  | 12184 | 627 |
|  |  | 2215 |
| **HONG KONG — 2.7%** | **HONG KONG — 2.7%** | **HONG KONG — 2.7%** |
| **FINANCIALS — 2.7%** | **FINANCIALS — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;AIA Group  | 116640 | 1267 |
|  |  | 1267 |
| **JAPAN — 6.4%** | **JAPAN — 6.4%** | **JAPAN — 6.4%** |
| **FINANCIALS — 3.0%** | **FINANCIALS — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group ADR  | 51548 | 925 |
| &nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group  | 13674 | 481 |
|  |  | 1406 |
| **INDUSTRIALS — 3.4%** | **INDUSTRIALS — 3.4%** |  |
| &nbsp;&nbsp;&nbsp;Daiei Kankyo  | 9433 | 227 |
| &nbsp;&nbsp;&nbsp;FANUC  | 31048 | 1364 |
|  |  | 1591 |
|  |  | 2997 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND III** | **CCT THEMATIC EQUITY FUND** <br> **APRIL 30, 2026** <br> **(Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  |
|  | **Shares** | **Value<br> (000)** |
| **NETHERLANDS — 2.1%** | **NETHERLANDS — 2.1%** | **NETHERLANDS — 2.1%** |
| **INFORMATION TECHNOLOGY — 2.1%** | **INFORMATION TECHNOLOGY — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;ASML Holding, Cl G  | 689 | $991 |
|  |  | 991 |
| **SPAIN — 4.8%** | **SPAIN — 4.8%** | **SPAIN — 4.8%** |
| **CONSUMER DISCRETIONARY — 2.0%** | **CONSUMER DISCRETIONARY — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;Industria de Diseno Textil  | 15744 | 934 |
| **FINANCIALS — 2.8%** | **FINANCIALS — 2.8%** |  |
| &nbsp;&nbsp;&nbsp;Banco Santander ADR  | 107271 | 1308 |
|  |  | 2242 |
| **SWEDEN — 2.6%** | **SWEDEN — 2.6%** | **SWEDEN — 2.6%** |
| **INDUSTRIALS — 2.6%** | **INDUSTRIALS — 2.6%** |  |
| &nbsp;&nbsp;&nbsp;Sandvik  | 29712 | 1233 |
|  |  | 1233 |
| **SWITZERLAND — 5.7%** | **SWITZERLAND — 5.7%** | **SWITZERLAND — 5.7%** |
| **CONSUMER STAPLES — 1.3%** | **CONSUMER STAPLES — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;Nestle ADR  | 6075 | 617 |
| **HEALTH CARE — 1.9%** | **HEALTH CARE — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;Novartis ADR  | 5914 | 874 |
| **INDUSTRIALS — 2.5%** | **INDUSTRIALS — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;ABB ADR  | 11607 | 1166 |
|  |  | 2657 |
| **UNITED KINGDOM — 2.9%** | **UNITED KINGDOM — 2.9%** | **UNITED KINGDOM — 2.9%** |
| **ENERGY — 2.9%** | **ENERGY — 2.9%** |  |
| &nbsp;&nbsp;&nbsp;Shell PLC ADR  | 15038 | 1364 |
|  |  | 1364 |
| **UNITED STATES — 56.6%** | **UNITED STATES — 56.6%** | **UNITED STATES — 56.6%** |
| **COMMUNICATION SERVICES — 4.4%** | **COMMUNICATION SERVICES — 4.4%** |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Cl C  | 2704 | 1033 |
| &nbsp;&nbsp;&nbsp;Verizon Communications  | 21945 | 1054 |
|  |  | 2087 |
| **CONSUMER DISCRETIONARY — 3.1%** | **CONSUMER DISCRETIONARY — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;Amazon.com \* | 5506 | 1459 |
| **CONSUMER STAPLES — 1.7%** | **CONSUMER STAPLES — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;Costco Wholesale  | 785 | 796 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND III** | **CCT THEMATIC EQUITY FUND** <br> **APRIL 30, 2026** <br> **(Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  |
|  | **Shares** | **Value<br> (000)** |
| **ENERGY — 5.5%** | **ENERGY — 5.5%** |  |
| &nbsp;&nbsp;&nbsp;EOG Resources  | 4543 | $639 |
| &nbsp;&nbsp;&nbsp;SLB  | 27412 | 1559 |
| &nbsp;&nbsp;&nbsp;Williams  | 4868 | 371 |
|  |  | 2569 |
| **FINANCIALS — 8.5%** | **FINANCIALS — 8.5%** |  |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway, Cl B \* | 2442 | 1157 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group  | 1261 | 1165 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase  | 2806 | 879 |
| &nbsp;&nbsp;&nbsp;Visa, Cl A  | 2331 | 769 |
|  |  | 3970 |
| **HEALTH CARE — 9.3%** | **HEALTH CARE — 9.3%** |  |
| &nbsp;&nbsp;&nbsp;CareDx \* | 22802 | 474 |
| &nbsp;&nbsp;&nbsp;Illumina \* | 8869 | 1124 |
| &nbsp;&nbsp;&nbsp;Natera \* | 4415 | 910 |
| &nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals  | 1872 | 1324 |
| &nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals \* | 1297 | 554 |
|  |  | 4386 |
| **INDUSTRIALS — 1.6%** | **INDUSTRIALS — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;BWX Technologies  | 2694 | 583 |
| &nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions \* | 2758 | 174 |
|  |  | 757 |
| **INFORMATION TECHNOLOGY — 18.7%** | **INFORMATION TECHNOLOGY — 18.7%** |  |
| &nbsp;&nbsp;&nbsp;Apple  | 3787 | 1028 |
| &nbsp;&nbsp;&nbsp;Broadcom  | 2314 | 966 |
| &nbsp;&nbsp;&nbsp;Cadence Design Systems \* | 3455 | 1139 |
| &nbsp;&nbsp;&nbsp;Cognex  | 30423 | 1689 |
| &nbsp;&nbsp;&nbsp;Crowdstrike Holdings, Cl A \* | 1223 | 545 |
| &nbsp;&nbsp;&nbsp;Impinj \* | 8459 | 1226 |
| &nbsp;&nbsp;&nbsp;IonQ \* | 4766 | 215 |
| &nbsp;&nbsp;&nbsp;NVIDIA  | 6959 | 1389 |
| &nbsp;&nbsp;&nbsp;Snowflake, Cl A \* | 3620 | 494 |
|  |  | 8691 |

---

---

| | |
|:---|:---|
| **THE ADVISORS' INNER CIRCLE FUND III** | **CCT THEMATIC EQUITY FUND** <br> **APRIL 30, 2026** <br> **(Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  | **SCHEDULE OF INVESTMENTS**  |
|  | **Shares** | **Value<br> (000)** |
| **UTILITIES — 3.8%** | **UTILITIES — 3.8%** |  |
| &nbsp;&nbsp;&nbsp;American Electric Power  | 7985 | $1095 |
| &nbsp;&nbsp;&nbsp;Atmos Energy  | 3776 | 717 |
|  |  | 1812 |
|  |  | 26527 |
| TOTAL COMMON STOCK  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,875)  |  | 44505 |
| TOTAL INVESTMENTS— 94.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,875)  | &nbsp;&nbsp;&nbsp;(Cost $24,875)  | $44505 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $46,873 (000). |
| \* | Non-income producing security. |

---

ADR — American Depositary Receipt <br> Cl — Class <br> PLC — Public Limited Company

CCT-QH-001-1200

## 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:** CCT Thematic Equity Fund

- **b. EDGAR series identifier (if any):** S000069656

- **c. LEI of Series:** 549300SCJYWF4YNVU165

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $46954282.40

**Total Liabilities:** $81779.19

**Net Assets:** $46872503.21

**Cash Not Reported:** $5.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222147 | 7.86%                | -6.93%               | 3.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $243769.08               | $3075779.80                                |
| Month 2  | $329575.76               | $-3622000.25                               |
| Month 3  | $333086.59               | $1140858.25                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMERICAN ELECTRIC POWER COMPANY, INC.     | AMERICAN ELECTRIC POWER COMMON STOCK            | CUSIP: N/A<br>LEI: 1B4S6S7G0TW5EE83BO58       | Long             | EC               |  | US        |      7985 | NS      | $1094823.35   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB N.V.                                  | SLB LTD COMMON STOCK                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               |  | US        |     27412 | NS      | $1559194.56   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CAREDX, INC.                              | CAREDX INC COMMON STOCK                         | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               |  | US        |     22802 | NS      | $474509.62    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNEX CORPORATION                        | COGNEX CORP COMMON STOCK                        | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               |  | US        |     30423 | NS      | $1688780.73   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                             | BROADCOM INC COMMON STOCK                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               |  | US        |      2314 | NS      | $965933.02    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.              | WILLIAMS COS INC COMMON STOCK                   | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               |  | US        |      4868 | NS      | $371477.08    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| L'OREAL SA                                | L'OREAL-UNSPONSORED ADR DEPOSITARY RECEIPT      | CUSIP: 502117203<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               |  | US        |      8845 | NS      | $761563.35    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.     | SUMITOMO MITSUI FINANCIAL GR COMMON STOCK       | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               |  | JP        |     13674 | NS      | $481435.20    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                                 | VISA INC-CLASS A SHARES COMMON STOCK            | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               |  | US        |      2331 | NS      | $768857.04    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCOR SA                                  | ACCOR SA COMMON STOCK                           | CUSIP: N/A<br>LEI: 969500QZC2Q0TK11NV07       | Long             | EC               |  | FR        |     16703 | NS      | $825897.13    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| KRATOS DEFENSE & SECURITY SOLUTIONS, INC. | KRATOS DEFENSE & SECURITY COMMON STOCK          | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               |  | US        |      2758 | NS      | $173891.90    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandvik Aktiebolag                        | SANDVIK AB COMMON STOCK                         | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               |  | SE        |     29712 | NS      | $1232857.73   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC CORPORATION                         | FANUC CORP COMMON STOCK                         | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               |  | JP        |     31048 | NS      | $1363450.54   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.           | REGENERON PHARMACEUTICALS COMMON STOCK          | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               |  | US        |      1872 | NS      | $1323616.32   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil, S.A.          | INDUSTRIA DE DISENO TEXTIL COMMON STOCK         | CUSIP: E6282N100<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               |  | ES        |     15744 | NS      | $934617.53    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | BROWN BROTHERS HARRIMAN SWEEP INTEREST          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   2232714 | PA      | $2232713.83   | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                 | AIRBUS SE - UNSP ADR DEPOSITARY RECEIPT         | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               |  | US        |     12184 | NS      | $627354.16    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                 | SHELL PLC-ADR DEPOSITARY RECEIPT                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               |  | US        |     15038 | NS      | $1363495.46   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander, S.A.                     | BANCO SANTANDER SA-SPON ADR DEPOSITARY RECEIPT  | CUSIP: 05964H105<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               |  | US        |    107271 | NS      | $1307633.49   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED       | VERTEX PHARMACEUTICALS INC COMMON STOCK         | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               |  | US        |      1297 | NS      | $554311.86    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCENDIS PHARMA A/S                       | ASCENDIS PHARMA A/S COMMON STOCK                | CUSIP: K08588103<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               |  | US        |      2276 | NS      | $522068.88    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION              | COSTCO WHOLESALE CORP COMMON STOCK              | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               |  | US        |       785 | NS      | $796406.05    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.                | CROWDSTRIKE HOLDINGS INC - A COMMON STOCK       | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               |  | US        |      1223 | NS      | $545152.25    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINA, INC.                            | ILLUMINA INC COMMON STOCK                       | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               |  | US        |      8869 | NS      | $1124057.06   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX TECHNOLOGIES, INC.                    | BWX TECHNOLOGIES INC COMMON STOCK               | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               |  | US        |      2694 | NS      | $582954.66    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Limited                         | AIA GROUP LTD COMMON STOCK                      | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               |  | HK        |    116640 | NS      | $1266547.33   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.             | GOLDMAN SACHS GROUP INC COMMON STOCK            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      1261 | NS      | $1164873.97   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                       | EOG RESOURCES INC COMMON STOCK                  | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |      4543 | NS      | $638609.51    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                          | AMAZON.COM INC COMMON STOCK                     | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | Long             | EC               |  | US        |      5506 | NS      | $1459420.36   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NATERA, INC.                              | NATERA INC COMMON STOCK                         | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               |  | US        |      4415 | NS      | $910196.40    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.      | MITSUBISHI UFJ FINL-SPON ADR DEPOSITARY RECEIPT | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               |  | US        |     51548 | NS      | $925286.60    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                   | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK        | CUSIP: N/A<br>LEI: 5493000C01ZX7D35SD85       | Long             | EC               |  | US        |      2442 | NS      | $1156531.20   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.               | VERIZON COMMUNICATIONS INC COMMON STOCK         | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               |  | US        |     21945 | NS      | $1054018.35   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| VGP NV                                    | VGP COMMON STOCK                                | CUSIP: N/A<br>LEI: 315700NENYPIXFR94T49       | Long             | EC               |  | BE        |      9051 | NS      | $927365.26    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                        | NVIDIA CORP COMMON STOCK                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               |  | US        |      6959 | NS      | $1388807.63   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                               | NOVARTIS AG-SPONSORED ADR DEPOSITARY RECEIPT    | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               |  | US        |      5914 | NS      | $874384.90    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                                   | ABB LTD-SPON ADR DEPOSITARY RECEIPT             | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               |  | US        |     11607 | NS      | $1166039.22   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS, INC.              | CADENCE DESIGN SYS INC COMMON STOCK             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               |  | US        |      3455 | NS      | $1138733.45   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORPORATION                  | ATMOS ENERGY CORP COMMON STOCK                  | CUSIP: N/A<br>LEI: QVLWEGTD2S8GJMO8D383       | Long             | EC               |  | US        |      3776 | NS      | $717364.48    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiei Kankyo Co., Ltd.                    | DAIEI KANKYO CO LTD COMMON STOCK                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | JP        |      9433 | NS      | $226854.75    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPINJ, INC.                              | IMPINJ INC COMMON STOCK                         | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               |  | US        |      8459 | NS      | $1225878.28   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                         | ASML HOLDING NV-NY REG SHS DEPOSITARY RECEIPT   | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               |  | US        |       689 | NS      | $991464.11    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corporation                 | FRANCO-NEVADA CORP COMMON STOCK                 | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               |  | US        |      6786 | NS      | $1563087.24   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                      | JPMORGAN CHASE & CO COMMON STOCK                | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               |  | US        |      2806 | NS      | $878923.38    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle S.A.                               | NESTLE SA-SPONS ADR DEPOSITARY RECEIPT          | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               |  | US        |      6075 | NS      | $616491.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                            | SNOWFLAKE INC COMMON STOCK                      | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               |  | US        |      3620 | NS      | $494021.40    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                                | APPLE INC COMMON STOCK                          | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | Long             | EC               |  | US        |      3787 | NS      | $1027602.45   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| IONQ Inc                                  | IONQ INC COMMON STOCK                           | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               |  | US        |      4766 | NS      | $215041.92    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                             | ALPHABET INC-CL C COMMON STOCK                  | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |      2704 | NS      | $1032765.76   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

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

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

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