# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-25-003010
**Filing Date:** 2025-11
**Character Count:** 7997
**Document Hash:** dbe6926b8bc2bfaea59c666bcda2f721
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003010.hdr.sgml**: 20251110

**ACCESSION NUMBER**: 0000910472-25-003010

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251110

**DATE AS OF CHANGE**: 20251110

**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:** 251464686

**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

### Pinnacle Multi-Strategy Core Fund (Series ID: S000050600)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000159719 | Pinnacle Multi-Strategy Core Fund Class A | APSHX           |
| C000159720 | Pinnacle Multi-Strategy Core Fund Class C | CPSHX           |
| C000159721 | Pinnacle Multi-Strategy Core Fund Class I | IPSHX           |

## 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:** Pinnacle Multi-Strategy Core Fund

- **b. EDGAR series identifier (if any):** S000050600

- **c. LEI of Series:** 549300C0TJBUH7KIHX42

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $35235487.97

**Total Liabilities:** $73917.09

**Net Assets:** $35161570.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000159719 | 2.87%                | 1.01%                | 6.76%                |
| Class ID C000159720 | 2.83%                | 0.92%                | 6.69%                |
| Class ID C000159721 | 2.90%                | 0.99%                | 6.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $149238.88               | $841237.03                                 |
| Month 2  | $56853.89                | $310293.73                                 |
| Month 3  | $723535.99               | $1490371.06                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Funds Inc.        | FRST AM-GV OB-X          | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   3478534 | PA      | $3478533.71   | 9.89%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Exchange-Traded Fund | FIRST TR 100 TCH         | CUSIP: 337345102<br>LEI: 549300MZB4XDLRWOC672 | Long             | EC               | RF                | US        |      1290 | NS      | $296196.90    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidal Trust II                   | PINNACLE FCSD OP         | CUSIP: 88634T519<br>LEI: 549300BGXECFCIZF2P89 | Long             | EC               | RF                | US        |    271950 | NS      | $8641075.28   | 24.58%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Index Shares Funds          | SPDR PORTFOLIO E         | CUSIP: 78463X509<br>LEI: 5493001XGU6MOBRXUU78 | Long             | EC               | RF                | US        |     84160 | NS      | $3939529.60   | 11.20%            |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Exchange-Traded Fund | FIRST TR INTRNET         | CUSIP: 33733E302<br>LEI: 549300MZB4XDLRWOC672 | Long             | EC               | RF                | US        |       995 | NS      | $278440.80    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust, Series 1      | INVESCO QQQ TRUS         | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |      6765 | NS      | $4061503.05   | 11.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Spdr S&P 500 Etf Trust           | SPDR S&P 500 ETF         | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |      9510 | NS      | $6335371.80   | 18.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust         | SPDR-COMM SERV           | CUSIP: 81369Y852<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      2635 | NS      | $311904.95    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Index Shares Funds          | SPDR PORTFOLIO DEVELOPED | CUSIP: 78463X889<br>LEI: 5493001XGU6MOBRXUU78 | Long             | EC               | RF                | US        |     64945 | NS      | $2778996.55   | 7.90%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                    | ISHARES EXPANDED         | CUSIP: 464287515<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      4820 | NS      | $554348.20    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust         | SPDR-TECH SEL S          | CUSIP: 81369Y803<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      1190 | NS      | $335413.40    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust         | SPDR-INDU SELECT         | CUSIP: 81369Y704<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |      1860 | NS      | $286867.80    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                | SPDR PORTFOLIO S         | CUSIP: 78464A409<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     37310 | NS      | $3899268.10   | 11.09%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

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

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer