# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0002048251-26-005310
**Filing Date:** 2026-6
**Character Count:** 34020
**Document Hash:** f3545ae96cb3e28a68faef41470ad2a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-005310.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002048251-26-005310

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**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:** 261121220

**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

### Knights of Columbus Long/Short Equity Fund (Series ID: S000066638)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000214839 | Investor Shares | KCEVX           |

## 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:** Knights of Columbus Long/Short Equity Fund

- **b. EDGAR series identifier (if any):** S000066638

- **c. LEI of Series:** 549300JH3RCMZIAGJR87

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

- **a. Date of fiscal year-end:** 2026-10-31

- **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:** $303213660.03

**Total Liabilities:** $83593487.22

**Net Assets:** $219620172.81

**Cash Not Reported:** $1.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000214839 | 0.47%                | 2.61%                | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1099935.65              | $-198950.40                                |
| Month 2  | $-4221913.66             | $9411204.22                                |
| Month 3  | $1558034.23              | $-1716946.65                               |

**Designated Index Information**

- **Index Name:** SPIA_SP500_USD-PR

- **Index Identifier:** SPIA_SP500_USD-PR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Samsara Inc                                  | SAMSARA INC-CL A COMMON STOCK                   | CUSIP: 79589L106<br>LEI: 529900IE80DQBIFK3M88 | Short            | EC               |  | US        |    -75204 | NS      | $-2161362.96  | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                          | SYNCHRONY FINANCIAL COMMON STOCK                | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               |  | US        |     53140 | NS      | $4049268.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS, INC.                          | CISCO SYSTEMS INC COMMON STOCK                  | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               |  | US        |     42097 | NS      | $3851875.50   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech international S.A.                  | LOGITECH INTERNATIONAL-REG COMMON STOCK         | CUSIP: H50430232<br>LEI: 549300SN6PRK6IJJC215 | Long             | EC               |  | US        |     32973 | NS      | $3273559.44   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION  | INTL BUSINESS MACHINES CORP COMMON STOCK        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |      6983 | NS      | $1612933.34   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                   | JABIL INC COMMON STOCK                          | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               |  | US        |     12798 | NS      | $4319197.02   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL FINANCIAL, INC             | FIDELITY NATIONAL FINANCIAL COMMON STOCK        | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               |  | US        |     17699 | NS      | $925657.70    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE, INC.                            | DOLLAR TREE INC COMMON STOCK                    | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               |  | US        |     33287 | NS      | $3232500.57   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                           | INCYTE CORP COMMON STOCK                        | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               |  | US        |     29211 | NS      | $2782931.97   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER COMPANY                  | INTERNATIONAL PAPER CO COMMON STOCK             | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Short            | EC               |  | US        |    -16670 | NS      | $-507101.40   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| ROYALTY PHARMA PLC                           | ROYALTY PHARMA PLC- CL A COMMON STOCK           | CUSIP: G7709Q104<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               |  | US        |     92071 | NS      | $4611836.39   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM COMMUNICATIONS, INC.                    | ZOOM COMMUNICATIONS INC COMMON STOCK            | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               |  | US        |     46384 | NS      | $4506205.60   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | TPG INC CONTINGENT VALUE RIGHT                  | CUSIP: 436CVR021<br>LEI: N/A                  | Long             | EC               |  | US        |     54724 | NS      | $0.55         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA CONSOLIDATED, INC.                 | COCA-COLA CONSOLIDATED INC COMMON STOCK         | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               |  | US        |     14220 | NS      | $2916095.40   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ARK Blockchain & Fintech Innovation ETF      | ARK BLOCKCHAIN & FINTECH INNOVATION MUTUAL FUND | CUSIP: 00214Q708<br>LEI: N/A                  | Short            | EC               | RF                | US        |    -46597 | NS      | $-1919796.40  | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| AKAMAI TECHNOLOGIES, INC.                    | AKAMAI TECHNOLOGIES INC COMMON STOCK            | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               |  | US        |     14870 | NS      | $1531312.60   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC.                        | KEURIG DR PEPPER INC COMMON STOCK               | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Short            | EC               |  | US        |    -70602 | NS      | $-2075698.80  | -0.95%            |  |  |  | No            |                  1 | On Loan: No      |
| THE COOPER COMPANIES, INC.                   | COOPER COS INC/THE COMMON STOCK                 | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Short            | EC               |  | US        |    -39438 | NS      | $-2480650.20  | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                          | GENERAL MILLS INC COMMON STOCK                  | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               |  | US        |      7371 | NS      | $260270.01    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION              | UNITED THERAPEUTICS CORP COMMON STOCK           | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               |  | US        |      8451 | NS      | $4828478.85   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC.                       | GFL ENVIRONMENTAL INC-SUB VT COMMON STOCK       | CUSIP: 36168Q104<br>LEI: N/A                  | Short            | EC               |  | US        |    -31775 | NS      | $-1274495.25  | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.                   | CROWDSTRIKE HOLDINGS INC - A COMMON STOCK       | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Short            | EC               |  | US        |     -5793 | NS      | $-2582229.75  | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| WATSCO, INC.                                 | WATSCO INC COMMON STOCK                         | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Short            | EC               |  | US        |     -5513 | NS      | $-2413811.92  | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                        | CARDINAL HEALTH INC COMMON STOCK                | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               |  | US        |     13724 | NS      | $2647085.12   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                 | ADVANCED MICRO DEVICES COMMON STOCK             | CUSIP: N/A<br>LEI: R2I72C950HOYXII45366       | Short            | EC               |  | US        |    -17711 | NS      | $-6278372.39  | -2.86%            |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY, INC.                                 | CORPAY INC COMMON STOCK                         | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               |  | US        |      4891 | NS      | $1498944.77   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                        | GILEAD SCIENCES INC COMMON STOCK                | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |     27347 | NS      | $3578081.48   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                       | DELL TECHNOLOGIES -C COMMON STOCK               | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               |  | US        |     20121 | NS      | $4204282.95   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP, INC.                           | COSTAR GROUP INC COMMON STOCK                   | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Short            | EC               |  | US        |    -63966 | NS      | $-2213863.26  | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS, INC.                 | CF INDUSTRIES HOLDINGS INC COMMON STOCK         | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               |  | US        |     44342 | NS      | $5507276.40   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION                     | LAM RESEARCH CORP COMMON STOCK                  | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               |  | US        |      9491 | NS      | $2447349.26   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                               | KROGER CO COMMON STOCK                          | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               |  | US        |     35475 | NS      | $2414783.25   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                                 | STRATEGY INC- CL A COMMON STOCK                 | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Short            | EC               |  | US        |     -4702 | NS      | $-777945.90   | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                         | META PLATFORMS INC COMMON STOCK                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               |  | US        |      1880 | NS      | $1150390.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORPORATION                           | CINTAS CORP COMMON STOCK                        | CUSIP: 172908105<br>LEI: N/A                  | Short            | EC               |  | US        |    -10389 | NS      | $-1815062.19  | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO.                                  | CARVANA CO COMMON STOCK                         | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Short            | EC               |  | US        |     -5175 | NS      | $-2048265.00  | -0.93%            |  |  |  | No            |                  1 | On Loan: No      |
| ARK Next Generation Internet ETF             | ARK NEXT GENERATION INTERNET MUTUAL FUND        | CUSIP: 00214Q401<br>LEI: N/A                  | Short            | EC               | RF                | US        |     -7746 | NS      | $-1061124.54  | -0.48%            |  |  |  | No            |                  1 | On Loan: No      |
| TESLA, INC.                                  | TESLA INC COMMON STOCK                          | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               |  | US        |     -5040 | NS      | $-1923415.20  | -0.88%            |  |  |  | No            |                  1 | On Loan: No      |
| PENUMBRA, INC.                               | PENUMBRA INC COMMON STOCK                       | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Short            | EC               |  | US        |     -3034 | NS      | $-990540.32   | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| EXELIXIS, INC.                               | EXELIXIS INC COMMON STOCK                       | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               |  | US        |     87815 | NS      | $3904254.90   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGLOGOLD ASHANTI PLC                        | ANGLOGOLD ASHANTI PLC COMMON STOCK              | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               |  | US        |      9192 | NS      | $861566.16    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                   | AMGEN INC COMMON STOCK                          | CUSIP: N/A<br>LEI: 62QBXGPJ34PQ72Z12S66       | Long             | EC               |  | US        |     10942 | NS      | $3788667.50   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB N.V.                                     | SLB LTD COMMON STOCK                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               |  | US        |     43177 | NS      | $2455907.76   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                              | FOX CORP - CLASS A COMMON STOCK                 | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               |  | US        |     63280 | NS      | $4017647.20   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MCCORMICK & COMPANY, INCORPORATED            | MCCORMICK & CO-NON VTG SHRS COMMON STOCK        | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Short            | EC               |  | US        |    -40693 | NS      | $-2068832.12  | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORPORATION                | BOSTON SCIENTIFIC CORP COMMON STOCK             | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Short            | EC               |  | US        |    -10927 | NS      | $-629504.47   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | WELLS FARGO SHORT PORTFOLIO REBATE INCOME       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  86414432 | PA      | $86414432.47  | 39.35%            |  |  |  | No            |                  2 | On Loan: No      |
| IQVIA HOLDINGS INC                           | IQVIA HOLDINGS INC COMMON STOCK                 | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               |  | US        |      5578 | NS      | $883387.86    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ARK Innovation ETF                           | ARK INNOVATION ETF MUTUAL FUND                  | CUSIP: 00214Q104<br>LEI: N/A                  | Short            | EC               | RF                | US        |    -31914 | NS      | $-2420357.76  | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                        | QUALCOMM INC COMMON STOCK                       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |     17907 | NS      | $3215739.06   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                  | BANK OF AMERICA CORP COMMON STOCK               | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EC               |  | US        |     17761 | NS      | $949503.06    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson AAA CLO ETF                  | JANUS HENDERSON AAA CLO ETF MUTUAL FUND         | CUSIP: 47103U845<br>LEI: N/A                  | Long             | EC               | RF                | US        |    170698 | NS      | $8623662.96   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC.                   | PALANTIR TECHNOLOGIES INC-A COMMON STOCK        | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Short            | EC               |  | US        |     -7061 | NS      | $-982255.71   | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                      | KRAFT HEINZ CO/THE COMMON STOCK                 | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               |  | US        |    145902 | NS      | $3306139.32   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDIA GROUP, INC.                          | EXPEDIA GROUP INC COMMON STOCK                  | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               |  | US        |     17617 | NS      | $4375534.29   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NETAPP, INC.                                 | NETAPP INC COMMON STOCK                         | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               |  | US        |     37933 | NS      | $4201838.41   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY  | JAZZ PHARMACEUTICALS PLC COMMON STOCK           | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               |  | US        |     11095 | NS      | $2252506.90   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO., INC.                           | BEST BUY CO INC COMMON STOCK                    | CUSIP: N/A<br>LEI: HL5XPTVRV0O8TUN5LL90       | Long             | EC               |  | US        |     28341 | NS      | $1714347.09   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC.                              | S&P GLOBAL INC COMMON STOCK                     | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Short            | EC               |  | US        |     -4784 | NS      | $-2063004.32  | -0.94%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Small Cap Value ETF                 | VANGUARD SMALL-CAP VALUE ETF MUTUAL FUND        | CUSIP: 922908611<br>LEI: N/A                  | Short            | EC               | RF                | US        |    -39981 | NS      | $-9292384.02  | -4.23%            |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                          | HALLIBURTON CO COMMON STOCK                     | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               |  | US        |    117655 | NS      | $4976806.50   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMENT, INC.              | LIVE NATION ENTERTAINMENT IN COMMON STOCK       | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               |  | US        |     22624 | NS      | $3573234.56   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CELSIUS HOLDINGS, INC.                       | CELSIUS HOLDINGS INC COMMON STOCK               | CUSIP: 15118V207<br>LEI: N/A                  | Short            | EC               |  | US        |    -33980 | NS      | $-1140708.60  | -0.52%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                       | STATE STREET SPDR S&P 500 ETF TRUST MUTUAL FUND | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Short            | EC               | RF                | US        |    -19722 | NS      | $-14173412.52 | -6.45%            |  |  |  | No            |                  1 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION               | SCHWAB (CHARLES) CORP COMMON STOCK              | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               |  | US        |     10007 | NS      | $917041.48    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT, INC.                                | HUBSPOT INC COMMON STOCK                        | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Short            | EC               |  | US        |     -4787 | NS      | $-1061565.12  | -0.48%            |  |  |  | No            |                  1 | On Loan: No      |
| GARTNER, INC.                                | GARTNER INC COMMON STOCK                        | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               |  | US        |      6587 | NS      | $978103.63    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                          | EOG RESOURCES INC COMMON STOCK                  | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               |  | US        |     12756 | NS      | $1793110.92   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEX LTD.                                    | FLEX LTD COMMON STOCK                           | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               |  | US        |     66752 | NS      | $6111145.60   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB, INC.                                 | AIRBNB INC-CLASS A COMMON STOCK                 | CUSIP: N/A<br>LEI: 549300HMUDNO0RY56D37       | Long             | EC               |  | US        |     32982 | NS      | $4629353.52   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC BEARINGS INCORPORATED                    | RBC BEARINGS INC COMMON STOCK                   | CUSIP: 75524B104<br>LEI: N/A                  | Short            | EC               |  | US        |     -6544 | NS      | $-3920444.96  | -1.79%            |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                               | SNOWFLAKE INC COMMON STOCK                      | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Short            | EC               |  | US        |     -4936 | NS      | $-673615.92   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO SHORT PORTFOLIO INTEREST EXPENSE | WELLS FARGO SHORT PORTFOLIO INTEREST EXPENSE    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         1 | PA      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOETIS INC.                                  | ZOETIS INC COMMON STOCK                         | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               |  | US        |     18357 | NS      | $2110504.29   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL, INC.                   | AMERIPRISE FINANCIAL INC COMMON STOCK           | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               |  | US        |      7557 | NS      | $3587988.03   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO, INC.                                    | QXO INC COMMON STOCK                            | CUSIP: 82846H405<br>LEI: N/A                  | Short            | EC               |  | US        |    -62489 | NS      | $-1254154.23  | -0.57%            |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY, INC.                               | TAPESTRY INC COMMON STOCK                       | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               |  | US        |     27676 | NS      | $4014127.04   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| PGIM AAA CLO ETF                             | PGIM AAA CLO ETF MUTUAL FUND                    | CUSIP: 69344A834<br>LEI: N/A                  | Long             | EC               | RF                | US        |    168168 | NS      | $8625336.72   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| AEROVIRONMENT, INC.                          | AEROVIRONMENT INC COMMON STOCK                  | CUSIP: N/A<br>LEI: 529900PGHVI29YLZ6221       | Short            | EC               |  | US        |     -5601 | NS      | $-1092307.02  | -0.50%            |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY, INC.                             | NRG ENERGY INC COMMON STOCK                     | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               |  | US        |      8961 | NS      | $1394152.38   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | BROWN BROTHERS HARRIMAN SWEEP INTEREST          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |  50560836 | PA      | $50560835.95  | 23.02%            |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC.                     | LULULEMON ATHLETICA INC COMMON STOCK            | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               |  | US        |      5906 | NS      | $813256.20    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPBUILD CORP.                               | TOPBUILD CORP COMMON STOCK                      | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               |  | US        |       593 | NS      | $262521.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL, INC.                   | COREBRIDGE FINANCIAL INC COMMON STOCK           | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               |  | US        |     33160 | NS      | $913226.40    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD.       | CHECK POINT SOFTWARE TECH COMMON STOCK          | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               |  | US        |      4250 | NS      | $477997.50    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| RALPH LAUREN CORPORATION                     | RALPH LAUREN CORP COMMON STOCK                  | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               |  | US        |      6189 | NS      | $2219622.96   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ROPER TECHNOLOGIES, INC.                     | ROPER TECHNOLOGIES INC COMMON STOCK             | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Short            | EC               |  | US        |     -6199 | NS      | $-2199467.19  | -1.00%            |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                     | DEVON ENERGY CORP COMMON STOCK                  | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               |  | US        |     32107 | NS      | $1649336.59   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports, Inc                             | AMER SPORTS INC COMMON STOCK                    | CUSIP: G0260P102<br>LEI: 391200YCSWTRD1J21867 | Short            | EC               |  | US        |    -97643 | NS      | $-3424340.01  | -1.56%            |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY, INC.                        | CHENIERE ENERGY INC COMMON STOCK                | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               |  | US        |      4828 | NS      | $1327458.60   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                      | BERKSHIRE HATHAWAY INC-CL B COMMON STOCK        | CUSIP: N/A<br>LEI: 5493000C01ZX7D35SD85       | Long             | EC               |  | US        |      8068 | NS      | $3821004.80   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INCORPORATED            | MICROCHIP TECHNOLOGY INC COMMON STOCK           | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Short            | EC               |  | US        |    -47497 | NS      | $-4412946.27  | -2.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                        | PAYPAL HOLDINGS INC COMMON STOCK                | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               |  | US        |     14552 | NS      | $729637.28    | 0.33%             |  |  |  | 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