# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-007584
**Filing Date:** 2026-5
**Character Count:** 12697
**Document Hash:** 5fc696f918707570d77797c44f7e5197
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007584.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007584

**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:** 261029693

**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 Asset Allocator Fund (Series ID: S000051215)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000161384 | Absolute Capital Asset Allocator Fund Class A Shares             | AAMAX           |
| C000161385 | Absolute Capital Asset Allocator Fund Institutional Class Shares | AAMIX           |
| C000161386 | Absolute Capital Asset Allocator Fund Investor Class Shares      | AAMCX           |

## 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 Asset Allocator Fund

- **b. EDGAR series identifier (if any):** S000051215

- **c. LEI of Series:** 549300L34GZUOZ57RI73

**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:** $68280650.13

**Total Liabilities:** $170035.00

**Net Assets:** $68110615.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161384 | 1.53%                | 0.72%                | -3.87%               |
| Class ID C000161385 | 1.52%                | 0.71%                | -3.85%               |
| Class ID C000161386 | 1.48%                | 0.60%                | -3.92%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-57598.20               | $1118876.31                                |
| Month 2  | $0.00                    | $495657.35                                 |
| Month 3  | $-431362.41              | $-2312688.89                               |

### 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        |      3100 | NS      | $1485520.00   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation              | COSTCO WHOLESALE          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1500 | NS      | $1494645.00   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                 | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   9788828 | PA      | $9788828.12   | 14.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton ETF Trust              | FRANKLIN INTERNA          | CUSIP: 35473P108<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     45000 | NS      | $1791450.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                 | GOLDMAN SACHS GP          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2900 | NS      | $2453371.00   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange-Traded Fund Trust        | INVESCO DOW JONE          | CUSIP: 46137V605<br>LEI: QPT4TMG79RF3UWNU0R52 | Long             | EC               | RF                | US        |     28000 | NS      | $1672720.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | ISHARES MORNINGS          | CUSIP: 464287119<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     15400 | NS      | $1470392.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | ISHARES MORNINGS          | CUSIP: 464288109<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     14400 | NS      | $1341216.00   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | ISHARES CORE DIV          | CUSIP: 46435U861<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     96600 | NS      | $5211570.00   | 7.65%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                      | JPMORGAN CHASE            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3000 | NS      | $882480.00    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust                | JAN HEND AAA CLO          | CUSIP: 47103U845<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |     36100 | NS      | $1818357.00   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                           | MICROSOFT CORP            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1400 | NS      | $518238.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                             | NETFLIX INC               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     16000 | NS      | $1538400.00   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                     | QUANTA SERVICES           | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3700 | NS      | $2031374.00   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                         | SS SPDR S&P15 VT          | CUSIP: 78464A128<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     20700 | NS      | $4450011.48   | 6.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                         | STATE STREET SPD          | CUSIP: 78464A854<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     40000 | NS      | $3061600.00   | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                         | SPDR S&P BIOTECH          | CUSIP: 78464A870<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     12300 | NS      | $1571079.00   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust                  | SS INDUSTRIAL             | CUSIP: 81369Y704<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      5200 | NS      | $840996.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust                  | SS TECH SEL SECT          | CUSIP: 81369Y803<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     26000 | NS      | $3455400.00   | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills              | B 06/04/26                | CUSIP: 912797SX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4700000 | PA      | $4669826.00   | 6.86%             | 2026-06-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Vanguard Admiral Funds Inc.               | VANGUARD S&P 500 GROWTH E | CUSIP: 921932505<br>LEI: 5493001VGEE37B6RMO86 | Long             | EC               | RF                | US        |     11500 | NS      | $4688435.00   | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Whitehall Funds                  | VANGUARD INT HDV          | CUSIP: 921946794<br>LEI: 5493006QD7VQBS2FQD13 | Long             | EC               | RF                | US        |      7700 | NS      | $725648.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds | VANGUARD FTSE ALL-WORLD E | CUSIP: 922042775<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |     41100 | NS      | $3086610.00   | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund                       | VANGUARD CN ST E          | CUSIP: 92204A207<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |      7000 | NS      | $1572130.00   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund                       | VANGUARD COMMUNI          | CUSIP: 92204A884<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     20800 | NS      | $3740672.00   | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Scottsdale Funds                 | VANG RUSS 2000            | CUSIP: 92206C664<br>LEI: 549300Y88GQ3VLJIBX57 | Long             | EC               | RF                | US        |     15600 | NS      | $1562652.00   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                  | VISA INC-CLASS A          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      4300 | NS      | $1299632.00   | 1.91%             |  |  |  | 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