# EDGAR Filing Document

**Accession Number:** 0000893818
**File Stem:** 0001752724-23-040603
**Filing Date:** 2023-2
**Character Count:** 14514
**Document Hash:** b4bcbba9fa4e3ccc155599b6d5b63df6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-040603.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-040603

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Funds III
- **CENTRAL INDEX KEY:** 0000893818
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07332
- **FILM NUMBER:** 23668267

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 8006439691

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS GLOBAL INVESTORS FUNDS
- **DATE OF NAME CHANGE:** 20060201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS GLOBAL INVESTORS FUNDS INC
- **DATE OF NAME CHANGE:** 19990804

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASTERWORKS FUNDS INC
- **DATE OF NAME CHANGE:** 19960607

## Series and Classes Contracts Data

### BlackRock LifePath Dynamic 2030 Fund (Series ID: S000004278)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000011997 | Investor A Shares    | LPRDX           |
| C000011998 | Institutional Shares | STLDX           |
| C000051481 | Class K              | LPSDX           |
| C000082487 | Class R Shares       | LPRNX           |
| C000088835 | Investor C Shares    | LPCNX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Funds III

- **b. Investment Company Act file number:** 811-07332

- **c. CIK number of Registrant:** 0000893818

- **d. LEI of Registrant:** 5493008LW2651I1QB503

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock LifePath Dynamic 2030 Fund

- **b. EDGAR series identifier (if any):** S000004278

- **c. LEI of Series:** 5493008JS47W82IALD66

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $283931027.18

**Total Liabilities:** $31665810.03

**Net Assets:** $252265217.15

**Cash Not Reported:** $3244474.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011997 | 3.52%                | 6.90%                | -3.09%               |
| Class ID C000051481 | 3.51%                | 6.96%                | -3.09%               |
| Class ID C000011998 | 3.50%                | 6.94%                | -3.16%               |
| Class ID C000082487 | 3.57%                | 6.89%                | -3.22%               |
| Class ID C000088835 | 3.42%                | 6.89%                | -3.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1785720.31             | $10146109.40                               |
| Month 2  | $1679534.72              | $12393474.84                               |
| Month 3  | $1417.77                 | $-7443085.89                               |

**Designated Index Information**

- **Index Name:** LifePath Dynamic Custom Benchmark - 2030

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CORE ALPHA BOND LP RETIREMENT                                      | CORE ALPHA BOND LP RETIREMENT MUTUAL FUNDS                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1570695 | NS      | $28066277.19  | 11.13%            |  |  |  | No            | N/A                | On Loan: No      |
| Chicago Mercantile Exchange                                        | SP500 MIC EMIN FUTMAR23                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        29 | NC      | $-19832.23    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock High Yield Bond Portfolio                                | BlackRock High Yield Bond Portfolio                                | CUSIP: 09260B614<br>LEI: M0E4486GHQ4I64CULY35 | Long             | EC               | RF                | US        |    410593 | NS      | $2726336.74   | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Advantage Emerging Markets Fund                          | BlackRock Advantage Emerging Markets Fund                          | CUSIP: 09258N323<br>LEI: WEJ3VPF25HMUBXKZD351 | Long             | EC               | RF                | US        |    983705 | NS      | $8794318.95   | 3.49%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Tactical Opportunities Fund                              | BlackRock Tactical Opportunities Fund                              | CUSIP: 09258N570<br>LEI: 6FFMMI3AGWZH5SDXSF05 | Long             | EC               | RF                | US        |    882961 | NS      | $12732302.25  | 5.05%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Core U.S. Aggregate Bond ETF                               | iShares Core U.S. Aggregate Bond ETF                               | CUSIP: 464287226<br>LEI: 549300F7VSXTKBGHJE47 | Long             | EC               | RF                | US        |    213893 | NS      | $20745482.07  | 8.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                             | US ULTRA BOND CBT MAR23                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        44 | NC      | $-34464.85    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares MSCI EAFE Small-Cap ETF                                    | iShares MSCI EAFE Small-Cap ETF                                    | CUSIP: 464288273<br>LEI: 549300MJV5OZGVS4LX86 | Long             | EC               | RF                | US        |    162993 | NS      | $9205844.64   | 3.65%             |  |  |  | No            | 1                  | On Loan: —       |
| BlackRock Funds III                                                | BlackRock Cash Funds: Institutional, SL Agency Shares              | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  15704255 | NS      | $15708966.41  | 6.23%             |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures U.S., Inc.                                             | MSCI EMGMKT MAR23                                                  | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |       128 | NC      | $-164578.56   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures U.S., Inc.                                             | MSCI EAFE MAR23                                                    | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        18 | NC      | $-43213.86    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                             | US 10YR NOTE (CBT)MAR23                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        45 | NC      | $-26173.25    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares iBoxx $ Investment Grade Corporate Bond ETF                | iShares iBoxx $ Investment Grade Corporate Bond ETF                | CUSIP: 464287242<br>LEI: 549300FYCXFXG8POR355 | Long             | EC               | RF                | US        |     68056 | NS      | $7175144.08   | 2.84%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares TIPS Bond ETF                                              | iShares TIPS Bond ETF                                              | CUSIP: 464287176<br>LEI: 549300EHD1VQKMRQ0829 | Long             | EC               | RF                | US        |    162397 | NS      | $17285536.68  | 6.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                             | US LONG BOND(CBT) MAR23                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        17 | NC      | $-47129.64    | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                             | PURCHASED USD / SOLD EUR                                           | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-629.50      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTER INVESTMENT PORTFOLIO - International Tilts Master Portfolio | MASTER INVESTMENT PORTFOLIO - International Tilts Master Portfolio | CUSIP: 000000000<br>LEI: 5493004HUP3600ZFJ783 | Long             | EC               | RF                | US        |   1918018 | NS      | $26769396.66  | 10.61%            |  |  |  | No            | N/A                | On Loan: No      |
| Bank of America N.A.                                               | PURCHASED USD / SOLD JPY                                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-3807.18     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES                     | BlackRock Cash Funds: Treasury, SL Agency Shares                   | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   6815020 | NS      | $6815020.06   | 2.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley & Co. International PLC                             | PURCHASED CAD / SOLD USD                                           | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | CA        |         1 | NC      | $-24673.04    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| BlackRock Total Return 2030                                        | BlackRock Total Return 2030                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1681710 | NS      | $21075700.35  | 8.35%             |  |  |  | No            | N/A                | On Loan: No      |
| DIVERSIFIED EQUITY MASTER                                          | DIVERSIFIED EQUITY MASTER MUTUAL FUNDS                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1874957 | NS      | $86456881.33  | 34.27%            |  |  |  | No            | N/A                | On Loan: No      |
| Chicago Mercantile Exchange                                        | S+P500 EMINI FUT MAR23                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        25 | NC      | $-170658.61   | -0.07%            |  |  |  | No            | 1                  | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal                         | S+P/TSX 60 IX FUT MAR23                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |        26 | NC      | $-160139.94   | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares Developed Real Estate Index Fund                           | iShares Developed Real Estate Index Fund                           | CUSIP: 091936187<br>LEI: 549300CCO72SBIYZNP24 | Long             | EC               | RF                | US        |    240741 | NS      | $2142595.36   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | E-MINI RUSS 2000 MAR23                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        63 | NC      | $-198795.85   | -0.08%            |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** BlackRock Funds III

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer