# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0001752724-25-211133
**Filing Date:** 2025-8
**Character Count:** 16145
**Document Hash:** c6ce6b74bbdfed63e5242c1625d6c7a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-211133.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-211133

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors' Inner Circle Fund III
- **CENTRAL INDEX KEY:** 0001593547

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22920
- **FILM NUMBER:** 251270129

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (800) 342-5734

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### ARGA VALUE FUND (Series ID: S000080564)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000243045 | Institutional Shares | ARUIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ADVISORS' INNER CIRCLE III

- **b. Investment Company Act file number:** 811-22920

- **c. CIK number of Registrant:** 0001593547

- **d. LEI of Registrant:** 549300TG800HOPJVWT31

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8774463863

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

- **a. Name of Series:** ARGA Value Fund

- **b. EDGAR series identifier (if any):** S000080564

- **c. LEI of Series:** 5493000BK2UAUVXLMN46

**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:** $4752191.18

**Total Liabilities:** $12001.49

**Net Assets:** $4740189.69

**Cash Not Reported:** $40201.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243045 | 6.76%                | 3.81%                | -5.22%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $277783.68                                 |
| Month 2  | $-16988.72               | $-34245.15                                 |
| Month 3  | $4639.95                 | $-65256.66                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALASKA AIR GROUP, INC.            | ALASKA AIR GROUP INC COMMON STOCK       | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               |  | US        |      1905 | NS      | $94259.40     | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCOA CORPORATION                 | ALCOA CORP COMMON STOCK                 | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               |  | US        |      4007 | NS      | $118246.57    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                    | AMDOCS LTD COMMON STOCK                 | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               |  | US        |       408 | NS      | $37225.92     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS, INC.           | ARROW ELECTRONICS INC COMMON STOCK      | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               |  | US        |       930 | NS      | $118509.90    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION       | BANK OF AMERICA CORP COMMON STOCK       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               |  | US        |      4135 | NS      | $195668.20    | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BAXTER INTERNATIONAL INC.         | BAXTER INTERNATIONAL INC COMMON STOCK   | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               |  | US        |      4559 | NS      | $138046.52    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION | CAPITAL ONE FINANCIAL CORP COMMON STOCK | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               |  | US        |       698 | NS      | $148506.48    | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CARRIER GLOBAL CORPORATION        | CARRIER GLOBAL CORP COMMON STOCK        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               |  | US        |       560 | NS      | $40986.40     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                    | CITIGROUP INC COMMON STOCK              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               |  | US        |      2367 | NS      | $201479.04    | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION               | COMCAST CORP-CLASS A COMMON STOCK       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               |  | US        |      2307 | NS      | $82336.83     | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION        | DOLLAR GENERAL CORP COMMON STOCK        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               |  | US        |       415 | NS      | $47467.70     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC.                          | DOW INC COMMON STOCK                    | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               |  | US        |      1413 | NS      | $37416.24     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM SYSTEMS, INC.                | EPAM SYSTEMS INC COMMON STOCK           | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               |  | US        |       804 | NS      | $142163.28    | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEX LTD.                         | FLEX LTD COMMON STOCK                   | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               |  | US        |       886 | NS      | $44229.12     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.             | GILEAD SCIENCES INC COMMON STOCK        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |      1257 | NS      | $139363.59    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.     | GOLDMAN SACHS GROUP INC COMMON STOCK    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |       134 | NS      | $94838.50     | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC.                       | HUMANA INC COMMON STOCK                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               |  | US        |       357 | NS      | $87279.36     | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO LTD                       | INVESCO LTD COMMON STOCK                | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               |  | US        |      6234 | NS      | $98310.18     | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LAS VEGAS SANDS CORP.             | LAS VEGAS SANDS CORP COMMON STOCK       | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               |  | US        |      5353 | NS      | $232909.03    | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI INDUSTRIES                    | LCI INDUSTRIES COMMON STOCK             | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               |  | US        |      1543 | NS      | $140706.17    | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| LEAR CORPORATION                  | LEAR CORP COMMON STOCK                  | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               |  | US        |      1505 | NS      | $142944.90    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd.               | LIBERTY GLOBAL LTD-A COMMON STOCK       | CUSIP: G61188101<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               |  | US        |      9281 | NS      | $92902.81     | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.    | LYONDELLBASELL INDU-CL A COMMON STOCK   | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               |  | US        |       720 | NS      | $41659.20     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MANPOWERGROUP INC.                | MANPOWERGROUP INC COMMON STOCK          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               |  | US        |      2270 | NS      | $91708.00     | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                 | MERCK & CO. INC. COMMON STOCK           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               |  | US        |      1044 | NS      | $82643.04     | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MOHAWK INDUSTRIES, INC.           | MOHAWK INDUSTRIES INC COMMON STOCK      | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               |  | US        |      1354 | NS      | $141953.36    | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors N.V.           | NXP SEMICONDUCTORS NV COMMON STOCK      | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               |  | US        |       605 | NS      | $132186.45    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION  | OCCIDENTAL PETROLEUM CORP COMMON STOCK  | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               |  | US        |      2474 | NS      | $103932.74    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORPORATION      | ON SEMICONDUCTOR COMMON STOCK           | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               |  | US        |      4249 | NS      | $222690.09    | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERSON-UTI ENERGY, INC.        | PATTERSON-UTI ENERGY INC COMMON STOCK   | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               |  | US        |     25475 | NS      | $151066.75    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED             | QUALCOMM INC COMMON STOCK               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               |  | US        |       890 | NS      | $141741.40    | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD.       | RENAISSANCERE HOLDINGS LTD COMMON STOCK | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               |  | US        |       504 | NS      | $122421.60    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.          | SKYWORKS SOLUTIONS INC COMMON STOCK     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               |  | US        |      1141 | NS      | $85027.32     | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL               | SYNCHRONY FINANCIAL COMMON STOCK        | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               |  | US        |      2263 | NS      | $151032.62    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| T. ROWE PRICE GROUP, INC.         | T ROWE PRICE GROUP INC COMMON STOCK     | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               |  | US        |       991 | NS      | $95631.50     | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY, INC.                    | TAPESTRY INC COMMON STOCK               | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               |  | US        |      1663 | NS      | $146028.03    | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                | TARGET CORP COMMON STOCK                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               |  | US        |      1928 | NS      | $190197.20    | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                   | UGI CORP COMMON STOCK                   | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               |  | US        |      2572 | NS      | $93672.24     | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                        | UNUM GROUP COMMON STOCK                 | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               |  | US        |       502 | NS      | $40541.52     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL, INC.              | VOYA FINANCIAL INC COMMON STOCK         | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               |  | US        |      1358 | NS      | $96418.00     | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO INTERNATIONAL, INC.         | WESCO INTERNATIONAL INC COMMON STOCK    | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               |  | US        |       486 | NS      | $90007.20     | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** THE ADVISORS' INNER CIRCLE III

**Signature:** Andrew Metzger

**Name of Signer:** Andrew Metzger

**Title:** Treasurer, Controller and Chief Financial Officer