# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-007581
**Filing Date:** 2026-5
**Character Count:** 11178
**Document Hash:** f4bc54e37be0d498e6a7c8498b547a29
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007581.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007581

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST III
- **CENTRAL INDEX KEY:** 0001537140

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22655
- **FILM NUMBER:** 261029689

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2621

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Absolute Capital Defender Fund (Series ID: S000051216)

| Class ID   | Class Name                                                | Ticker Symbol   |
|:---|:---|:---|
| C000161387 | Absolute Capital Defender Fund Class A Shares             | ACMAX           |
| C000161388 | Absolute Capital Defender Fund Institutional Class Shares | ACMIX           |
| C000161389 | Absolute Capital Defender Fund Investor Class Shares      | ACMDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST III

- **b. Investment Company Act file number:** 811-22655

- **c. CIK number of Registrant:** 0001537140

- **d. LEI of Registrant:** 549300PPUECJSQFBYV98

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Absolute Capital Defender Fund

- **b. EDGAR series identifier (if any):** S000051216

- **c. LEI of Series:** 5493001IKPBKJOOLYY67

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $29410818.10

**Total Liabilities:** $140931.04

**Net Assets:** $29269887.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161387 | 1.62%                | 1.17%                | -3.15%               |
| Class ID C000161388 | 1.71%                | 1.17%                | -3.15%               |
| Class ID C000161389 | 1.65%                | 1.08%                | -3.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-26874.12               | $502887.51                                 |
| Month 2  | $0.00                    | $344612.89                                 |
| Month 3  | $-69534.19               | $-920117.50                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Berkshire Hathaway Inc.                   | BERKSHIRE HATH-B          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1500 | NS      | $718800.00    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation              | COSTCO WHOLESALE          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       500 | NS      | $498215.00    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                 | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   5095653 | PA      | $5095653.08   | 17.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                 | GOLDMAN SACHS GP          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1200 | NS      | $1015188.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange-Traded Fund Trust        | INVESCO DOW JONE          | CUSIP: 46137V605<br>LEI: QPT4TMG79RF3UWNU0R52 | Long             | EC               | RF                | US        |     10000 | NS      | $597400.00    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II     | INVESCO S&P 500           | CUSIP: 46138G698<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     13500 | NS      | $1551285.00   | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | ISHARES MORNINGS          | CUSIP: 464288109<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     28400 | NS      | $2645176.00   | 9.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | ISH EAFE HEDGED           | CUSIP: 46434V803<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     14000 | NS      | $594930.00    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | ISHARES CORE DIV          | CUSIP: 46435U861<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     50000 | NS      | $2697500.00   | 9.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust                | JAN HEND AAA CLO          | CUSIP: 47103U845<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |     15000 | NS      | $755550.00    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                           | MICROSOFT CORP            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1300 | NS      | $481221.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                             | NETFLIX INC               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      4000 | NS      | $384600.00    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                         | SS SPDR S&P15 VT          | CUSIP: 78464A128<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     14500 | NS      | $3117157.80   | 10.65%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                         | STATE STREET SPD          | CUSIP: 78464A854<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |      7900 | NS      | $604666.00    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust                  | SS INDUSTRIAL             | CUSIP: 81369Y704<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      1800 | NS      | $291114.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills              | B 06/04/26                | CUSIP: 912797SX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2300000 | PA      | $2285234.00   | 7.81%             | 2026-06-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes              | T 3 7/8 12/31/27          | CUSIP: 91282CGC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $2001484.38   | 6.84%             | 2027-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes              | T 4 3/8 12/15/26          | CUSIP: 91282CJP7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $702992.61    | 2.40%             | 2026-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Vanguard Whitehall Funds                  | VANGUARD INT HDV          | CUSIP: 921946794<br>LEI: 5493006QD7VQBS2FQD13 | Long             | EC               | RF                | US        |      3100 | NS      | $292144.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds | VANGUARD FTSE ALL-WORLD E | CUSIP: 922042775<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |     13700 | NS      | $1028870.00   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund                       | VANGUARD CN ST E          | CUSIP: 92204A207<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |      4500 | NS      | $1010655.00   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund                       | VANGUARD COMMUNI          | CUSIP: 92204A884<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |      5000 | NS      | $899200.00    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST III

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer