# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-25-002704
**Filing Date:** 2025-8
**Character Count:** 24143
**Document Hash:** 68c595fa04fc92c2f83d267b6049b84b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-002704.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0002000324-25-002704

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250131

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**PERIOD START**: 20250731

**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/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23312
- **FILM NUMBER:** 251200783

**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

### Rockefeller New York Municipal Bond ETF (Series ID: S000086369)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000251863 | Rockefeller New York Municipal Bond ETF | RMNY            |

## 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:** Rockefeller New York Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000086369

- **c. LEI of Series:** 2549009ZENSO21UIIK40

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-01-31

**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:** $4996487.05

**Total Liabilities:** $18957.00

**Net Assets:** $4977530.05

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** -245.5 | **10-Year:** -3464.75 | **30-Year:** -496.85

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** -83.75 | **30-Year:** -701.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251863 | 1.59%                | -1.66%               | 0.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-161.54                 | $31217.53                                  |
| Month 2  | $-356.14                 | $-44998.83                                 |
| Month 3  | $-13354.61               | $10019.81                                  |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Buffalo & Erie County Industrial Land Development  | Buffalo & Erie County Industrial Land Development      | CUSIP: 11943KBX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14766.66     | 0.30%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development  | Buffalo & Erie County Industrial Land Development      | CUSIP: 11943KDD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24741.88     | 0.50%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                                | CUSIP: 12008EBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $101678.04    | 2.04%             | 2038-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                                | CUSIP: 12008EMY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $53405.90     | 1.07%             | 2042-08-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                            | Build NYC Resource Corp                                | CUSIP: 12008ETW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51562.87     | 1.04%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chautauqua Tobacco Asset Securitization Corp       | Chautauqua Tobacco Asset Securitization Corp           | CUSIP: 162564BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $47045.46     | 0.95%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                              | Children's Trust Fund                                  | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35193.23     | 0.71%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLINTON CNTY NY CAPITAL RESOUR                     | Clinton County Capital Resource Corp                   | CUSIP: 187469AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200919.82    | 4.04%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dobbs Ferry Local Development Corp                 | Dobbs Ferry Local Development Corp                     | CUSIP: 256048AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100011.05    | 2.01%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp             | Dutchess County Local Development Corp                 | CUSIP: 267045GR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $147505.06    | 2.96%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie Tobacco Asset Securitization Corp             | Erie Tobacco Asset Securitization Corp                 | CUSIP: 295095BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $89871.00     | 1.81%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp                  | CUSIP: 424682EY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85020.04     | 1.71%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp                  | CUSIP: 424682FT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25029.77     | 0.50%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp              | Hempstead Town Local Development Corp                  | CUSIP: 424682GE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100146.62    | 2.01%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE                      | Metropolitan Transportation Authority                  | CUSIP: 59259Y3Q0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100050.10    | 2.01%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Ta | Metropolitan Transportation Authority Dedicated Ta     | CUSIP: 59260XCT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213524.08    | 4.29%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY       | Monroe County Industrial Development Corp/NY           | CUSIP: 61075TXV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110076.88    | 2.21%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MTA HUDSON RAIL YARDS TRUST OB                     | MTA Hudson Rail Yards Trust Obligations                | CUSIP: 62476RAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $59998.75     | 1.21%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MTA HUDSON RAIL YARDS TRUST OB                     | MTA Hudson Rail Yards Trust Obligations                | CUSIP: 62476RAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $219989.95    | 4.42%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Tobacco Settlement Corp              | Nassau County Tobacco Settlement Corp                  | CUSIP: 63166MCB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $87946.86     | 1.77%             | 2046-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp             | New York City Housing Development Corp                 | CUSIP: 64966WJP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $119194.84    | 2.39%             | 2054-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority    | New York City Municipal Water Finance Authority        | CUSIP: 64972GVM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $238544.88    | 4.79%             | 2049-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP                      | New York City Housing Development Corp                 | CUSIP: 64972KGP4<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    200000 | PA      | $207529.40    | 4.17%             | 2059-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN                      | New York City Municipal Water Finance Authority        | CUSIP: 64972GG32<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    200000 | PA      | $215812.66    | 4.34%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Build | New York City Transitional Finance Authority Build     | CUSIP: 64972HWB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50091.16     | 1.01%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                 | New York Counties Tobacco Trust IV                     | CUSIP: 62947YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $23896.40     | 0.48%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                 | New York Counties Tobacco Trust IV                     | CUSIP: 62947YAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $18437.58     | 0.37%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                 | New York Counties Tobacco Trust IV                     | CUSIP: 62947YAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4481.68      | 0.09%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                 | New York Counties Tobacco Trust VI                     | CUSIP: 64945JAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $108934.27    | 2.19%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL                      | New York City Transitional Finance Authority           | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    225000 | PA      | $238238.35    | 4.79%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                     | New York Transportation Development Corp               | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145000.73    | 2.91%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                     | New York Transportation Development Corp               | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79373.07     | 1.59%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                     | CUSIP: 64990AWY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $159123.96    | 3.20%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                 | New York State Dormitory Authority                     | CUSIP: 64990KCK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40055.93     | 0.80%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency              | New York State Housing Finance Agency                  | CUSIP: 64987JG70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200989.52    | 4.04%             | 2048-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29998.28     | 0.60%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116BZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49982.66     | 1.00%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48188.01     | 0.97%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116DX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $186452.72    | 3.75%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107670.40    | 2.16%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52631.51     | 1.06%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp           | New York Transportation Development Corp               | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $124898.34    | 2.51%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp               | Oneida County Local Development Corp                   | CUSIP: 682440CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $16576.23     | 0.33%             | 2044-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                    | Onondaga Civic Development Corp                        | CUSIP: 682832DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40015.99     | 0.80%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey            | Port Authority of New York & New Jersey                | CUSIP: 73358XFS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107112.92    | 2.15%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | Puerto Rico Sales Tax Financing Corp Sales Tax Rev     | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     12000 | PA      | $11724.31     | 0.24%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                     | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $151212.25    | 3.04%             | 2051-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortga | State of New York Mortgage Agency Homeowner Mortga     | CUSIP: 64988YB48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100031.31    | 2.01%             | 2054-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority               | Triborough Bridge & Tunnel Authority                   | CUSIP: 896032BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216070.06    | 4.34%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-11

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer