# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-25-000346
**Filing Date:** 2025-8
**Character Count:** 21716
**Document Hash:** 2441dcc0ee1b0913528fd8f61070d8e3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-000346.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000910472-25-000346

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250930

**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:** 251269929

**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

### PlanRock Alternative Growth ETF (Series ID: S000083335)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000246894 | PlanRock Alternative Growth ETF | PRAE            |

## Nport-Ex

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** |
| **Shares** |  |  |  |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 73.8%** | **EXCHANGE-TRADED FUNDS — 73.8%** |  |  |  |
|  | **COMMODITY - 7.0%** | **COMMODITY - 7.0%** |  |  |  |
| 17543 | ProShares Ultra Gold<sup>(a)</sup> |  |  |  | &nbsp;&nbsp;&nbsp; $608040 |
|  | **EQUITY - 66.8%** | **EQUITY - 66.8%** |  |  |  |
| 7383 | Avantis Emerging Markets Value ETF |  |  |  | &nbsp;&nbsp;&nbsp; 395323 |
| 4463 | Avantis International Small Cap Value ETF |  |  |  | &nbsp;&nbsp;&nbsp; 353827 |
| 6936 | Emerging Markets Internet ETF (The) |  |  |  | &nbsp;&nbsp;&nbsp; 289023 |
| 1200 | Invesco QQQ Trust Series 1 ETF |  |  |  | &nbsp;&nbsp;&nbsp; 661968 |
| 3094 | iShares MSCI EAFE Growth ETF |  |  |  | &nbsp;&nbsp;&nbsp; 346528 |
| 5598 | iShares MSCI EAFE Small-Cap ETF |  |  |  | &nbsp;&nbsp;&nbsp; 406863 |
| 5954 | iShares MSCI EAFE Value ETF |  |  |  | &nbsp;&nbsp;&nbsp; 377960 |
| 6126 | iShares MSCI Emerging Markets Small-Cap ETF |  |  |  | &nbsp;&nbsp;&nbsp; 397271 |
| 2847 | iShares MSCI USA Momentum Factor ETF |  |  |  | &nbsp;&nbsp;&nbsp; 684191 |
| 1565 | iShares Russell 1000 Growth ETF |  |  |  | &nbsp;&nbsp;&nbsp; 664468 |
| 10470 | SPDR Portfolio S&P 500 ETF |  |  |  | &nbsp;&nbsp;&nbsp; 761064 |
| 7937 | WisdomTree Emerging Markets SmallCap Dividend Fund |  |  |  | &nbsp;&nbsp;&nbsp; 438440 |
|  |  |  |  |  | &nbsp;&nbsp; 5776926 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $5,909,343)** | **TOTAL EXCHANGE-TRADED FUNDS (Cost $5,909,343)** |  |  | &nbsp;&nbsp; 6384966 |
|  | **TOTAL INVESTMENTS - 73.8% (Cost $5,909,343)** | **TOTAL INVESTMENTS - 73.8% (Cost $5,909,343)** |  |  | &nbsp;&nbsp;&nbsp; $6384966 |
|  | **CALL OPTIONS WRITTEN - (1.2)% (Premiums received - $62,750)** | **CALL OPTIONS WRITTEN - (1.2)% (Premiums received - $62,750)** |  |  | &nbsp;&nbsp;&nbsp; (99750) |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 27.4%** | **OTHER ASSETS IN EXCESS OF LIABILITIES- 27.4%** |  |  | &nbsp;&nbsp; 2371440 |
|  | **NET ASSETS - 100.0%** |  |  |  | &nbsp;&nbsp; $8656656 |
| **Contracts<sup>(b)</sup>** |  |  |  |  |  |
|  | **WRITTEN FUTURE OPTIONS - (1.2)%** | **Expiration Date** | **Exercise Price** | **Notional Value** |  |
|  | **CALL OPTIONS WRITTEN- (1.2)%** | **CALL OPTIONS WRITTEN- (1.2)%** |  |  |  |
| 10 | S&P E-mini 1st Week Future | 08/01/2025 | $6300 | &nbsp;&nbsp;&nbsp; $3126875 | &nbsp;&nbsp;&nbsp; $38250 |
| 10 | S&P E-mini 3rd Week Future | 07/18/2025 | 6175 | &nbsp;&nbsp;&nbsp; 3126875 | &nbsp;&nbsp;&nbsp; 61500 |
|  | **TOTAL FUTURE OPTIONS WRITTEN (Premiums received - $62,750)** | **TOTAL FUTURE OPTIONS WRITTEN (Premiums received - $62,750)** | **TOTAL FUTURE OPTIONS WRITTEN (Premiums received - $62,750)** |  | &nbsp;&nbsp; 99750 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** | **PLANROCK ALTERNATIVE GROWTH ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** | | | | |
| **Number of Contracts** | **Open Long Futures Contracts** | **Counterparty** | **Expiration** | **Notional Amount<sup>(c)</sup>** | **Value and Unrealized Appreciation (Depreciation)** |
| 6 | CBOE Volatility Index Future | RJO | 08/21/2025 | &nbsp;&nbsp;&nbsp; $120586 | &nbsp;&nbsp;&nbsp; $(5235) |
| 9 | CBOE Volatility Index Future | RJO | 10/23/2025 | &nbsp;&nbsp;&nbsp; 189963 | &nbsp;&nbsp;&nbsp; (4881) |
| 16 | CBOE Volatility Index Future | RJO | 12/18/2025 | &nbsp;&nbsp;&nbsp; 340216 | &nbsp;&nbsp;&nbsp; 8646 |
| 31 | CBOE Volatility Index Future | RJO | 01/22/2026 | &nbsp;&nbsp;&nbsp; 681225 | &nbsp;&nbsp;&nbsp; (680) |
| 14 | CME British Pound Currency Future | RJO | 09/16/2025 | &nbsp;&nbsp;&nbsp; 1200938 | &nbsp;&nbsp;&nbsp; 19425 |
| 21 | CME Canadian Dollar Currency Future | RJO | 09/17/2025 | &nbsp;&nbsp;&nbsp; 1547280 | &nbsp;&nbsp;&nbsp; (8400) |
| 20 | CME E-Mini Standard & Poor's 500 Index Future | RJO | 09/22/2025 | &nbsp;&nbsp;&nbsp; 6253750 | &nbsp;&nbsp;&nbsp; 262187 |
| 8 | CME Euro Foreign Exchange Currency Future | RJO | 09/16/2025 | &nbsp;&nbsp;&nbsp; 1183600 | &nbsp;&nbsp;&nbsp; 25470 |
| 11 | Micro E-mini Nasdaq-100 Future | RJO | 09/22/2025 | &nbsp;&nbsp;&nbsp; 503652 | &nbsp;&nbsp;&nbsp; 22565 |
| 33 | Three-Month SOFR Futures | RJO | 09/15/2026 | &nbsp;&nbsp;&nbsp; 7987650 | &nbsp;&nbsp;&nbsp; 20488 |
|  | **TOTAL LONG FUTURES CONTRACTS** | **TOTAL LONG FUTURES CONTRACTS** | **TOTAL LONG FUTURES CONTRACTS** |  | &nbsp;&nbsp; $339585 |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** |  |  |  |  |
| **Number of Contracts** | **Open Short Futures Contracts** | **Counterparty** | **Expiration** | **Notional Amount<sup>(c)</sup>** | **Value and Unrealized Appreciation (Depreciation)** |
| 12 | CBOE Volatility Index Future | RJO | 07/17/2025 | &nbsp;&nbsp;&nbsp; $224550 | &nbsp;&nbsp;&nbsp; $18709 |
| 6 | CBOT US Treasure Bond Futures | RJO | 09/22/2025 | &nbsp;&nbsp;&nbsp; 692813 | &nbsp;&nbsp;&nbsp; (24180) |
| 14 | CME Australian Dollar Currency Future | RJO | 09/16/2025 | &nbsp;&nbsp;&nbsp; 922530 | &nbsp;&nbsp;&nbsp; (7880) |
| 29 | Micro E-mini Dow Jones Industrial Average Index | RJO | 09/22/2025 | &nbsp;&nbsp;&nbsp; 643641 | &nbsp;&nbsp;&nbsp; (27057) |
| 43 | Micro E-mini Russell 2000 Future | RJO | 09/22/2025 | &nbsp;&nbsp;&nbsp; 471216 | &nbsp;&nbsp;&nbsp; (15792) |
| 21 | Micro E-mini S&P 500 Future | RJO | 09/22/2025 | &nbsp;&nbsp;&nbsp; 656644 | &nbsp;&nbsp;&nbsp; (23252) |
|  | **TOTAL SHORT FUTURES CONTRACTS** | **TOTAL SHORT FUTURES CONTRACTS** | **TOTAL SHORT FUTURES CONTRACTS** |  | &nbsp;&nbsp; $(79452) |
|  | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | &nbsp;&nbsp; $260133 |

---

---

| | |
|:---|:---|
| CBOE | - Chicago Board Options Exchange |
| CBOT | - Chicago Board of Trade |
| CME | - Chicago Mercantile Exchange |
| EAFE | - Europe, Australasia and Far East |
| ETF | - Exchange-Traded Fund |
| MSCI | - Morgan Stanley Capital International |
| SPDR | - Standard & Poor's Depositary Receipt |
| RJO | - R.J. O'Brien & Associates, LLC |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Each contract is equivalent to one futures contract.

<sup>(c)</sup> The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund's futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund.

## 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:** PlanRock Alternative Growth ETF

- **b. EDGAR series identifier (if any):** S000083335

- **c. LEI of Series:** 5299005CFLNGPN5TJS09

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $9006137.94

**Total Liabilities:** $349481.68

**Net Assets:** $8656656.26

**Cash Not Reported:** $2151867.71

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246894 | -1.44%               | 1.26%                | 4.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-80721.94                                 |
| Month 2  | $23886.09                | $144341.45                                 |
| Month 3  | $11154.01                | $184295.73                                 |

**Designated Index Information**

- **Index Name:** MSCI/ACWI ex USA SMALL CAP (Net)

- **Index Identifier:** 655052-USD-N

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBOE FUTURES EXCHANGE          | CBOE VIX FUTURE   Jan26   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Long             | DE               | CORP              | US        |        31 | NC      | $-680.00      | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Proshares Trust II             | PROSHARES ULTRA GOLD      | CUSIP: 74347W601<br>LEI: 549300SM22FHGJRWS154 | Long             | EC               | RF                | US        |     17543 | NS      | $608040.38    | 7.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE          | CBOE VIX FUTURE   Aug25   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Long             | DE               | CORP              | US        |         6 | NC      | $-5235.00     | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc                    | ISHARES MSCI EMERGING MKT | CUSIP: 464286475<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      6126 | NS      | $397271.10    | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE         | DJIA MICR MIN CBOTSep25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DE               | CORP              | US        |       -29 | NC      | $-27057.00    | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                  | ISHARES MSCI EAF          | CUSIP: 464288877<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      5954 | NS      | $377959.92    | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| American Century ETF Trust     | AV EMERG MKT VAL          | CUSIP: 025072372<br>LEI: 5493006IKK34YJD98183 | Long             | EC               | RF                | US        |      7383 | NS      | $395323.47    | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust, Series 1    | INVESCO QQQ TRUS          | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |      1200 | NS      | $661968.00    | 7.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisdomtree Trust               | WISDOMTREE EM SMALL CAP   | CUSIP: 97717W281<br>LEI: 549300SEVJBU47TE8855 | Long             | EC               | RF                | US        |      7937 | NS      | $438439.88    | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE          | CBOE VIX FUTURE   Jul25   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Short            | DE               | CORP              | US        |       -12 | NC      | $18709.20     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust              | SPDR PORT SP 500          | CUSIP: 78464A854<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     10470 | NS      | $761064.30    | 8.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | SP500 MIC EMIN FUTSep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DE               | CORP              | US        |       -21 | NC      | $-23252.25    | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | S&P500 EMINI FUT  Sep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        20 | NC      | $262187.48    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | EURO FX CURR FUT  Sep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |         8 | NC      | $25470.00     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| OPTION ISSUER                  | S&P Emini 3rd Wk  Jul25C  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |       -10 | NC      | $-61500.00    | -0.71%            |  |  |  | No            |                  2 | On Loan: No      |
| American Century ETF Trust     | AVANTIS INTL S/C          | CUSIP: 025072802<br>LEI: 5493006IKK34YJD98183 | Long             | EC               | RF                | US        |      4463 | NS      | $353826.64    | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                  | ISHARES MSCI EAF          | CUSIP: 464288885<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      3094 | NS      | $346528.00    | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                  | ISHARES MSCI EAF          | CUSIP: 464288273<br>LEI: N/A                  | Long             | EC               | RF                | US        |      5598 | NS      | $406862.64    | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | BP CURRENCY FUT   Sep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        14 | NC      | $19425.00     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                  | ISHARES MSCI USA          | CUSIP: 46432F396<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      2847 | NS      | $684191.04    | 7.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE          | CBOE VIX FUTURE   Oct25   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Long             | DE               | CORP              | US        |         9 | NC      | $-4880.70     | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | AUDUSD Crncy Fut  Sep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |       -14 | NC      | $-7880.00     | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE          | CBOE VIX FUTURE   Dec25   | CUSIP: N/A<br>LEI: 254900O9GJPIWCP8RH13       | Long             | DE               | CORP              | US        |        16 | NC      | $8646.00      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | C$ CURRENCY FUT   Sep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        21 | NC      | $-8400.00     | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | MICRO EMIN RUS2000Sep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DE               | CORP              | US        |       -43 | NC      | $-15791.75    | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Exchange Traded Concepts Trust | EMERGING MARKETS          | CUSIP: 301505889<br>LEI: 549300TXJW88BSB0KL90 | Long             | EC               | RF                | US        |      6936 | NS      | $289023.12    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | 3 MONTH SOFR FUT  Jun26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DIR              | CORP              | US        |        33 | NC      | $20487.50     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade         | US LONG BOND(CBT) Sep25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |        -6 | NC      | $-24179.69    | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| OPTION ISSUER                  | S&P Emini 1st Wee Aug25C  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |       -10 | NC      | $-38250.00    | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| iShares Trust                  | ISHARES RUSSELL           | CUSIP: 464287614<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      1565 | NS      | $664467.70    | 7.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE    | NASD100 MICRO EMINSep25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        11 | NC      | $22564.30     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

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

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer