# EDGAR Filing Document

**Accession Number:** 0000893818
**File Stem:** 0001145549-25-045877
**Filing Date:** 2025-7
**Character Count:** 13440
**Document Hash:** bcf1effedc564e539045b12ef27885f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-045877.hdr.sgml**: 20250707

**ACCESSION NUMBER**: 0001145549-25-045877

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250707

**DATE AS OF CHANGE**: 20250707

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Funds III
- **CENTRAL INDEX KEY:** 0000893818

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07332
- **FILM NUMBER:** 251107642

**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 Cash Funds: Institutional (Series ID: S000004275)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000074119 | SL Agency Shares |  |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000893818

### General Information

**Report for (YYYY-MM-DD):** 2025-06-30

**Registrant Full Name:** BlackRock Funds III

**CIK Number of Registrant:** 0000893818

**LEI of Registrant:** 5493008LW2651I1QB503

**Name of Series:** BlackRock Cash Funds: Institutional

**LEI of Series:** 549300JDHS1T46VWOG19

**EDGAR Series Identifier:** S000004275

**Total number of share classes in the series:** 1

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                   | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | BlackRock Fund Advisors                                   | 801-22609         |
| Independent Public Accountant | PricewaterhouseCoopers<br>City: Philadelphia<br>State: PA |  |
| Administrator                 | BlackRock Advisors, LLC                                   |  |
| Transfer Agent                | State Street Bank and Trust Company<br>CIK: 0000839287    | 085-05003         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-54126

- **Is this a Feeder Fund?:** Yes

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Prime

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 1 days

- **WAL:** 1 days

- **Total Value of Portfolio Securities:** $80198393624.23

- **Amortized Cost of Portfolio Securities:** $0.00

- **Cash:** $0.00

- **Total Other Assets:** $930.07

- **Total Liabilities:** $288022557.37

- **Net Assets of Series:** $79910371996.93

- **Number of Shares Outstanding (Series):** 79874748013.6470

- **Does the fund seek to maintain a stable price per share?:** No

- **Stable Price Per Share:** $0.00

- **Is cash management vehicle an affiliated fund?:** Yes

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-06-02 | $33636583572.02           | $43258997168.14            | 41.5800%                  | 53.4700%                   |
| 2025-06-03 | $34301473815.11           | $43414548159.01            | 42.0800%                  | 53.2600%                   |
| 2025-06-04 | $33740406868.13           | $43033380122.82            | 41.5900%                  | 53.0500%                   |
| 2025-06-05 | $31802065351.49           | $41435978714.11            | 40.0000%                  | 52.1100%                   |
| 2025-06-06 | $32481546564.82           | $41801181911.31            | 40.5700%                  | 52.2100%                   |
| 2025-06-09 | $32595822600.81           | $41407664017.54            | 41.1100%                  | 52.2300%                   |
| 2025-06-10 | $33390201105.79           | $42020892000.99            | 41.5500%                  | 52.2900%                   |
| 2025-06-11 | $33037735207.18           | $42017786131.10            | 41.2300%                  | 52.4400%                   |
| 2025-06-12 | $30492499650.66           | $40806651360.35            | 38.9000%                  | 52.0500%                   |
| 2025-06-13 | $30662653589.98           | $40075541942.06            | 39.4800%                  | 51.6000%                   |
| 2025-06-16 | $31610070272.05           | $39983861695.10            | 40.7400%                  | 51.5300%                   |
| 2025-06-17 | $34417186503.67           | $42072522657.15            | 43.3100%                  | 52.9400%                   |
| 2025-06-18 | $31908465348.98           | $41393090363.53            | 40.5700%                  | 52.6300%                   |
| 2025-06-20 | $31155694586.05           | $40141556217.94            | 40.1300%                  | 51.7000%                   |
| 2025-06-23 | $34462917574.22           | $42574519336.63            | 43.0700%                  | 53.2100%                   |
| 2025-06-24 | $33730169176.99           | $41786064482.06            | 43.0300%                  | 53.3000%                   |
| 2025-06-25 | $32393788776.13           | $43377509830.79            | 40.5000%                  | 54.2300%                   |
| 2025-06-26 | $31213683752.64           | $42770475607.58            | 39.1100%                  | 53.5900%                   |
| 2025-06-27 | $29222714552.77           | $41886613297.68            | 37.6600%                  | 53.9700%                   |
| 2025-06-30 | $34932020015.82           | $45125919915.46            | 43.3900%                  | 56.0600%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-06-02 | 4.5500%             |
| 2025-06-03 | 4.5500%             |
| 2025-06-04 | 4.5500%             |
| 2025-06-05 | 4.5400%             |
| 2025-06-06 | 4.5300%             |
| 2025-06-09 | 4.5300%             |
| 2025-06-10 | 4.5200%             |
| 2025-06-11 | 4.5200%             |
| 2025-06-12 | 4.5200%             |
| 2025-06-13 | 4.5200%             |
| 2025-06-16 | 4.5200%             |
| 2025-06-17 | 4.5200%             |
| 2025-06-18 | 4.5300%             |
| 2025-06-20 | 4.5300%             |
| 2025-06-23 | 4.5300%             |
| 2025-06-24 | 4.5300%             |
| 2025-06-25 | 4.5300%             |
| 2025-06-26 | 4.5300%             |
| 2025-06-27 | 4.5500%             |
| 2025-06-30 | 4.5600%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-06-02 | 1.0004                      |
|  |  |
| 2025-06-03 | 1.0004                      |
|  |  |
| 2025-06-04 | 1.0004                      |
|  |  |
| 2025-06-05 | 1.0004                      |
|  |  |
| 2025-06-06 | 1.0004                      |
|  |  |
| 2025-06-09 | 1.0004                      |
|  |  |
| 2025-06-10 | 1.0004                      |
|  |  |
| 2025-06-11 | 1.0004                      |
|  |  |
| 2025-06-12 | 1.0004                      |
|  |  |
| 2025-06-13 | 1.0004                      |
|  |  |
| 2025-06-16 | 1.0004                      |
|  |  |
| 2025-06-17 | 1.0004                      |
|  |  |
| 2025-06-18 | 1.0004                      |
|  |  |
| 2025-06-20 | 1.0004                      |
|  |  |
| 2025-06-23 | 1.0004                      |
|  |  |
| 2025-06-24 | 1.0004                      |
|  |  |
| 2025-06-25 | 1.0004                      |
|  |  |
| 2025-06-26 | 1.0004                      |
|  |  |
| 2025-06-27 | 1.0004                      |
|  |  |
| 2025-06-30 | 1.0004                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: SL Agency Shares

- **Minimum Initial Investment:** $100000000.00

- **Net Assets of Class:** $79910371996.93

- **Number of Shares Outstanding:** 79874748013.6470

- **Expense Reimbursement/Waiver:** 930.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 1.0004          |
|  |  |
| 2025-06-03 | 1.0004          |
|  |  |
| 2025-06-04 | 1.0004          |
|  |  |
| 2025-06-05 | 1.0004          |
|  |  |
| 2025-06-06 | 1.0004          |
|  |  |
| 2025-06-09 | 1.0004          |
|  |  |
| 2025-06-10 | 1.0004          |
|  |  |
| 2025-06-11 | 1.0004          |
|  |  |
| 2025-06-12 | 1.0004          |
|  |  |
| 2025-06-13 | 1.0004          |
|  |  |
| 2025-06-16 | 1.0004          |
|  |  |
| 2025-06-17 | 1.0004          |
|  |  |
| 2025-06-18 | 1.0004          |
|  |  |
| 2025-06-20 | 1.0004          |
|  |  |
| 2025-06-23 | 1.0004          |
|  |  |
| 2025-06-24 | 1.0004          |
|  |  |
| 2025-06-25 | 1.0004          |
|  |  |
| 2025-06-26 | 1.0004          |
|  |  |
| 2025-06-27 | 1.0004          |
|  |  |
| 2025-06-30 | 1.0004          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $4070338795.38            | $1070787322.30          |
| 2025-06-03 | $1882355024.32            | $1569334523.68          |
| 2025-06-04 | $1771507185.99            | $1668583004.02          |
| 2025-06-05 | $708572256.13             | $3061007976.84          |
| 2025-06-06 | $2743046677.57            | $1475502936.81          |
| 2025-06-09 | $1257808315.63            | $2154536041.26          |
| 2025-06-10 | $1981467404.24            | $1523064043.36          |
| 2025-06-11 | $1510905044.67            | $1719305183.66          |
| 2025-06-12 | $1474625476.65            | $2545979056.05          |
| 2025-06-13 | $1098127006.35            | $1846622851.60          |
| 2025-06-16 | $1562890079.60            | $1655435744.13          |
| 2025-06-17 | $2935380398.56            | $1737129332.50          |
| 2025-06-18 | $1560845740.70            | $1740635318.18          |
| 2025-06-20 | $1225262367.82            | $2385489429.42          |
| 2025-06-23 | $3012979939.25            | $1179557441.75          |
| 2025-06-24 | $1150172286.64            | $2828321649.20          |
| 2025-06-25 | $2603266196.27            | $1020886634.84          |
| 2025-06-26 | $1533068052.18            | $2322024651.11          |
| 2025-06-27 | $1098657457.03            | $3125855870.30          |
| 2025-06-30 | $4808507456.12            | $3254905841.54          |

**Total Gross Subscriptions (Month):** $39989783161.10

**Total Gross Redemptions (Month):** $39884964852.55

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 4.4600%           |
| 2025-06-03 | 4.4600%           |
| 2025-06-04 | 4.4600%           |
| 2025-06-05 | 4.4500%           |
| 2025-06-06 | 4.4400%           |
| 2025-06-09 | 4.4400%           |
| 2025-06-10 | 4.4300%           |
| 2025-06-11 | 4.4300%           |
| 2025-06-12 | 4.4300%           |
| 2025-06-13 | 4.4300%           |
| 2025-06-16 | 4.4300%           |
| 2025-06-17 | 4.4300%           |
| 2025-06-18 | 4.4400%           |
| 2025-06-20 | 4.4400%           |
| 2025-06-23 | 4.4400%           |
| 2025-06-24 | 4.4400%           |
| 2025-06-25 | 4.4400%           |
| 2025-06-26 | 4.4400%           |
| 2025-06-27 | 4.4600%           |
| 2025-06-30 | 4.4700%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Registered investment company                       |  | 99.9900%         | 0.0000%              |
| Depository institution or other banking institution |  | 0.0100%          | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Money Market Master Portfolio

- **C.1 - Title:** Money Market Master Portfolio 0.000000%
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: BLKRK0BBO, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $80198393624.23
- **C.18.a - Value (excl. sponsor support):** $80198393624.23
- **C.19 - Percentage of Net Assets:** 100.0000%
- **C.17 - Yield as of Reporting Date:** 0.0000%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** BlackRock Funds III

**Date:** 2025-07-07

**By:** /s/ Chuck Pulsfort

**Name of Signing Officer:** Chuck Pulsfort

**Title of Signing Officer:** Assistant Treasurer