# EDGAR Filing Document

**Accession Number:** 0000893818
**File Stem:** 0001752724-25-204379
**Filing Date:** 2025-8
**Character Count:** 16991
**Document Hash:** 1c3f8d7abe41605c6ddb7d5e14b6aeb1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204379.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204379

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07332
- **FILM NUMBER:** 251254530

**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:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $516493739.29

**Total Liabilities:** $35650009.99

**Net Assets:** $480843729.30

**Cash Not Reported:** $2899003.59

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011997 | 0.48%                | 2.93%                | 2.85%                |
| Class ID C000051481 | 0.60%                | 2.96%                | 2.88%                |
| Class ID C000011998 | 0.59%                | 2.96%                | 2.80%                |
| Class ID C000082487 | 0.53%                | 2.88%                | 2.80%                |
| Class ID C000088835 | 0.46%                | 2.85%                | 2.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $298911.67               | $218039.63                                 |
| Month 2  | $-2896675.84             | $14244538.27                               |
| Month 3  | $-110497.08              | $12222001.83                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES                     | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  43951063 | NS      | $43951063.27  | 9.14%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Broad USD Investment Grade Corporate Bond ETF              | iShares Broad USD Investment Grade Corporate Bond ETF | CUSIP: 464288620<br>LEI: 5493004QFMCNV0WLX398 | Long             | EC               | RF                | US        |    344527 | NS      | $17722468.88  | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Global Infrastructure ETF                                  | iShares Global Infrastructure ETF                     | CUSIP: 464288372<br>LEI: 549300ZC2N3HUK3DTK30 | Long             | EC               | RF                | US        |    121670 | NS      | $7202864.00   | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | SP500 MIC EMIN FUTSEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         4 | NC      | $3029.40      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Tactical Opportunities Fund                              | BlackRock Tactical Opportunities Fund                 | CUSIP: 09258N570<br>LEI: 6FFMMI3AGWZH5SDXSF05 | Long             | EC               | RF                | US        |   1485714 | NS      | $22954282.49  | 4.77%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Diversified Fixed Income Fund                            | BlackRock Diversified Fixed Income Fund               | CUSIP: 09260W584<br>LEI: 549300SEQK2DPV0R7O94 | Long             | EC               | RF                | US        |  11603445 | NS      | $109884622.72 | 22.85%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | S+P500 EMINI FUT SEP25                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        33 | NC      | $249908.17    | 0.05%             |  |  |  | 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        |    107260 | NS      | $7795656.80   | 1.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | NASDAQ 100 E-MINI SEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       -32 | NC      | $-475404.86   | -0.10%            |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Funds III                                                | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  17140172 | NS      | $17147028.55  | 3.57%             |  |  |  | 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        |       188 | NS      | $20606.68     | 0.00%             |  |  |  | No            | 1                  | On Loan: —       |
| Barclays Bank PLC                                                  | PURCHASED USD / SOLD JPY                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $626.23       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| ICE Futures U.S., Inc.                                             | MSCI EMGMKT SEP25                                     | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         3 | NC      | $5157.39      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase Bank NA                                             | PURCHASED JPY / SOLD EUR                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-704735.10   | -0.15%            |  |  |  | No            | 2                  | On Loan: No      |
| ICE Futures U.S., Inc.                                             | MSCI EAFE SEP25                                       | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        39 | NC      | $67691.07     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase Bank NA                                             | PURCHASED CAD / SOLD USD                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | CA        |         1 | NC      | $43844.58     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                             | PURCHASED CAD / SOLD USD                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | CA        |         1 | NC      | $50157.89     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                                  | PURCHASED JPY / SOLD USD                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | JP        |         1 | NC      | $-73799.92    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| MASTER INVESTMENT PORTFOLIO - International Tilts Master Portfolio | International Tilts Master Portfolio                  | CUSIP: 000000000<br>LEI: 5493004HUP3600ZFJ783 | Long             | EC               | RF                | US        |   2204839 | NS      | $47566103.01  | 9.89%             |  |  |  | No            | N/A                | On Loan: No      |
| Chicago Board of Trade                                             | US 10YR NOTE (CBT)SEP25                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       147 | NC      | $329991.92    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Real Estate Securities Fund                              | BlackRock Real Estate Securities Fund                 | CUSIP: 091936583<br>LEI: 549300619RPPBQL8JR35 | Long             | EC               | RF                | US        |    484232 | NS      | $7278014.23   | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal                         | S+P/TSX 60 IX FUT SEP25                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |        23 | NC      | $45319.60     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Osaka Exchange                                                     | TOPIX INDX FUTR SEP25                                 | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |        46 | NC      | $195597.91    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                             | US ULTRA BOND CBT SEP25                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -270 | NC      | $-1476007.36  | -0.31%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF                             | iShares Core MSCI Emerging Markets ETF                | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |    433228 | NS      | $26006676.84  | 5.41%             |  |  |  | No            | 1                  | On Loan: —       |
| DIVERSIFIED EQUITY MASTER                                          | DIVERSIFIED EQUITY MASTER MUTUAL FUNDS                | CUSIP: 999113103<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1904659 | NS      | $148919939.23 | 30.97%            |  |  |  | No            | N/A                | On Loan: No      |
| iShares MSCI Canada ETF                                            | iShares MSCI Canada ETF                               | CUSIP: 464286509<br>LEI: 549300DXCD53F4JK3H45 | Long             | EC               | RF                | US        |     22411 | NS      | $1035388.20   | 0.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Morgan Stanley & Co. International PLC                             | PURCHASED AUD / SOLD USD                              | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | AU        |         1 | NC      | $161695.93    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Bank PLC                                                  | PURCHASED EUR / SOLD USD                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | XX        |         1 | NC      | $291446.34    | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                             | US LONG BOND(CBT) SEP25                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       134 | NC      | $656210.06    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                        | E-MINI RUSS 2000 SEP25                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        29 | NC      | $48656.48     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Barclays Bank PLC                                                  | PURCHASED USD / SOLD EUR                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-1598.61     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                             | US 5YR NOTE (CBT) SEP25                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       156 | NC      | $241701.30    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares 0-5 Year TIPS Bond ETF                                     | iShares 0-5 Year TIPS Bond ETF                        | CUSIP: 46429B747<br>LEI: 549300GIWSEGOQLZR212 | Long             | EC               | RF                | US        |    364586 | NS      | $37519545.26  | 7.80%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** BlackRock Funds III

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer