# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-000275
**Filing Date:** 2026-1
**Character Count:** 18494
**Document Hash:** e0be0836e549fe8dbae74094d0f2889b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-000275.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0002000324-26-000275

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20251130

**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:** 26572349

**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

### NestYield Total Return Guard ETF (Series ID: S000089469)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000256028 | NestYield Total Return Guard ETF | EGGS            |

## 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:** Nestyield Total Return Guard ETF

- **b. EDGAR series identifier (if any):** S000089469

- **c. LEI of Series:** 254900VUDJKF8K0FXF93

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-30

**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:** $41848612.65

**Total Liabilities:** $354001.44

**Net Assets:** $41494611.21

**Cash Not Reported:** $70430.45

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256028 | 9.79%                | 2.12%                | -8.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1276462.52              | $1764260.94                                |
| Month 2  | $254211.22               | $656480.06                                 |
| Month 3  | $408779.61               | $-3951659.01                               |

**Designated Index Information**

- **Index Name:** NYSE FANG+ Total Return Index

- **Index Identifier:** NYFANGT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     15111 | NS      | $3287095.83   | 7.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1915 | NS      | $613144.70    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2698 | NS      | $629227.56    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      2208 | NS      | $615700.80    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      5903 | NS      | $3538730.44   | 8.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     29393 | NS      | $1963452.40   | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      8639 | NS      | $3481171.44   | 8.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      5647 | NS      | $2057540.92   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       689 | NS      | $629463.51    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       649 | NS      | $697980.03    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1784858 | NS      | $1784857.73   | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       699 | NS      | $615902.88    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2972 | NS      | $1925707.40   | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1285 | NS      | $632232.85    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | APP US 12/05/25 C645                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        60 | NC      | $20400.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AVGO US 12/12/25 P360                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -84 | NC      | $-39060.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AVGO US 12/12/25 P375                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        84 | NC      | $66570.00     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Block Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -293 | NC      | $-40287.50    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Block Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       293 | NC      | $12159.50     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HOOD US 12/05/25 C135                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       174 | NC      | $25230.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HOOD US 12/12/25 P110                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -170 | NC      | $-13940.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HOOD US 12/12/25 P113                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       170 | NC      | $19975.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | META US 12/12/25 P605                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -29 | NC      | $-5800.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | META US 12/12/25 P620                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        29 | NC      | $11745.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | META US 12/19/25 C665                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        61 | NC      | $68167.50     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PLTR US 12/12/25 P155                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -192 | NC      | $-37920.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PLTR US 12/12/25 P160                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       192 | NC      | $59520.00     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Robinhood Markets Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -174 | NC      | $-53940.00    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SMCI US 12/05/25 C35.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       552 | NC      | $26496.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Super Micro Computer Inc                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -552 | NC      | $-72864.00    | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -43 | NC      | $-33540.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        43 | NC      | $13760.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | TSLA US 12/12/25 P400                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -42 | NC      | $-18690.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | TSLA US 12/12/25 P410                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        42 | NC      | $28560.00     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | XYZ US 12/12/25 P60                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -286 | NC      | $-8294.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | XYZ US 12/12/25 P62                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       286 | NC      | $17160.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     15562 | NS      | $1674159.96   | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     17923 | NS      | $3172371.00   | 7.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      7103 | NS      | $1434450.85   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     19762 | NS      | $3328908.90   | 8.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     17428 | NS      | $2239323.72   | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                   | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     55285 | NS      | $1871397.25   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      4380 | NS      | $1884144.60   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                    | Vistra Corp                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     11478 | NS      | $2052955.08   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      5809 | NS      | $641952.59    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      3011 | NS      | $626950.42    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer