# EDGAR Filing Document

**Accession Number:** 0000720309
**File Stem:** 0001752724-25-212610
**Filing Date:** 2025-8
**Character Count:** 27108
**Document Hash:** d8840bf9bbca07cf3d4c22346f42d26a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212610.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212610

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG FUNDS III
- **CENTRAL INDEX KEY:** 0000720309

**ORGANIZATION NAME:**
- **EIN:** 222528211
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03752
- **FILM NUMBER:** 251278346

**BUSINESS ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 2032993500

**MAIL ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGERS FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGEMENT OF MANAGERS GROUP OF FUNDS
- **DATE OF NAME CHANGE:** 19910429

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGEMENT OF MANAGERS CAPITAL APPRECIATION FUND
- **DATE OF NAME CHANGE:** 19881214

## Series and Classes Contracts Data

### AMG Veritas Asia Pacific Fund (Series ID: S000009865)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027305 | Class N      | MGSEX           |
| C000027306 | Class I      | MSEIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-03752

- **c. CIK number of Registrant:** 0000720309

- **d. LEI of Registrant:** 5493007NETBE5Y5V1962

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

  - **Street Address 1:** 680 Washington Blvd.

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

  - **Telephone number:** 800-548-4539

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

- **a. Name of Series:** AMG Veritas Asia Pacific Fund

- **b. EDGAR series identifier (if any):** S000009865

- **c. LEI of Series:** 549300OW6V030SGK2657

**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:** $90871826.56

**Total Liabilities:** $539678.84

**Net Assets:** $90332147.72

**Cash Not Reported:** $5118.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000027306 | 3.38%                | 5.68%                | 8.02%                |
| Class ID C000027305 | 3.35%                | 5.65%                | 7.99%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-466075.94              | $3242161.92                                |
| Month 2  | $-141080.08              | $4722195.78                                |
| Month 3  | $-82.80                  | $6774757.65                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Quanta Computer Inc                                          | Quanta Computer Inc                                          | CUSIP: 000000000<br>LEI: 529900DE8BIV3XOXIK04 | Long             | EC               | CORP              | TW        |    138000 | NS      | $1298079.76   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| REA Group Ltd                                                | REA Group Ltd                                                | CUSIP: 000000000<br>LEI: 894500KA4UBDATOFPN36 | Long             | EC               | CORP              | AU        |     11350 | NS      | $1797373.15   | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| APOLLO HOSPITALS ENTERPRISE LTD - PNOTE                      | APOLLO HOSPITALS ENTERPRISE LTD - PNOTE                      | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |      7222 | NS      | $610094.67    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd                                                  | Eternal Ltd                                                  | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |    684043 | NS      | $2106714.92   | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                                                     | Xero Ltd                                                     | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |     12254 | NS      | $1450006.80   | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp                                                  | Xiaomi Corp                                                  | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |    314400 | NS      | $2420168.41   | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                                | HDFC Bank Ltd                                                | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     35976 | NS      | $2758279.92   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Electric Co Ltd                                   | HD Hyundai Electric Co Ltd                                   | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |     15469 | NS      | $5799127.27   | 6.42%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                                 | MediaTek Inc                                                 | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     27000 | NS      | $1156913.88   | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Telix Pharmaceuticals Ltd                                    | Telix Pharmaceuticals Ltd                                    | CUSIP: 000000000<br>LEI: 894500HTWOOGIHLLSB86 | Long             | EC               | CORP              | AU        |     57151 | NS      | $917991.37    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                                  | NetEase Inc                                                  | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     62000 | NS      | $1670860.84   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                         | Tencent Holdings Ltd                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    105839 | NS      | $6819800.94   | 7.55%             |  |  |  | No            |                  2 | On Loan: No      |
| XtalPi Holdings Ltd                                          | XtalPi Holdings Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    409000 | NS      | $303157.26    | 0.34%             |  |  |  | No            |                  2 | On Loan: —       |
| Dreyfus Government Cash Management                           | Dreyfus Government Cash Management                           | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    107586 | NS      | $107586.08    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                                      | Reliance Industries Ltd                                      | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     46400 | NS      | $812149.40    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung C&T Corp                                             | Samsung C&T Corp                                             | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |      5284 | NS      | $629763.06    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                                                | Goodman Group                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     64221 | NS      | $1447838.31   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| E Ink Holdings Inc                                           | E Ink Holdings Inc                                           | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |    106000 | NS      | $802296.96    | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                                   | Samsung Electronics Co Ltd                                   | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     25243 | NS      | $1116286.39   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| ST Engineering                                               | Singapore Technologies Engineering Ltd                       | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |    153500 | NS      | $941213.83    | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Aristocrat Leisure Ltd                                       | Aristocrat Leisure Ltd                                       | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |     63436 | NS      | $2717902.33   | 3.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc                                        | Delta Electronics Inc                                        | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    101000 | NS      | $1429246.14   | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Pop Mart International Group L                               | Pop Mart International Group Ltd                             | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | CN        |     28400 | NS      | $967564.72    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LLC                                       | CITADEL SECURITIES LLC                                       | CUSIP: 000000000<br>LEI: 12UUJYTN7D3SW8KCSG25 | Long             | RA               | CORP              | US        |    203424 | PA      | $203424.00    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOMATO LTD Pnote                                             | ZOMATO LTD Pnote                                             | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |    467020 | NS      | $1438327.73   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Akeso Inc                                                    | Akeso Inc                                                    | CUSIP: 000000000<br>LEI: 254900ECWYGR3QW5GF30 | Long             | EC               | CORP              | CN        |    124000 | NS      | $1459243.90   | 1.62%             |  |  |  | No            |                  2 | On Loan: —       |
| KB Financial Group Inc                                       | KB Financial Group Inc                                       | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     21463 | NS      | $1763749.40   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| NAURA Technology Group Co Ltd                                | NAURA Technology Group Co Ltd                                | CUSIP: 000000000<br>LEI: 300300JI5I0B95GO5C39 | Long             | EC               | CORP              | CN        |     15096 | NS      | $932360.69    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                                      | Hanwha Aerospace Co Ltd                                      | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |      8457 | NS      | $5306998.28   | 5.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                                      | Meituan                                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     40300 | NS      | $648267.47    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Fourth Paradigm Techno                               | Beijing Fourth Paradigm Technology Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     58000 | NS      | $380693.65    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                                                         | Contemporary Amperex Technology Co Ltd                       | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     11900 | NS      | $419502.94    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilibili Inc                                                 | Bilibili Inc                                                 | CUSIP: 000000000<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | CN        |     29400 | NS      | $631048.26    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                                   | BYD Co Ltd                                                   | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    111000 | NS      | $1728273.70   | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| CSPC Pharmaceutical Group Ltd                                | CSPC Pharmaceutical Group Ltd                                | CUSIP: 000000000<br>LEI: 529900M3XQCW234H8O91 | Long             | EC               | CORP              | CN        |    406000 | NS      | $399366.49    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Lt                               | Apollo Hospitals Enterprise Ltd                              | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |      6578 | NS      | $555691.32    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                               | ICICI Bank Ltd                                               | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     68584 | NS      | $1159051.98   | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                               | ICICI Bank Ltd                                               | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     15424 | NS      | $518863.36    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle India Ltd                                             | Nestle India Ltd                                             | CUSIP: 000000000<br>LEI: 3358008SYYY9CPWH5D94 | Long             | EC               | CORP              | IN        |     29350 | NS      | $843846.51    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                                      | Hanwha Aerospace Co Ltd                                      | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |       661 | NS      | $80323.06     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Coupang Inc                                                  | Coupang Inc                                                  | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |     49374 | NS      | $1479245.04   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Institutional Preferred Government Money Market Fund | Dreyfus Institutional Preferred Government Money Market Fund | CUSIP: 26200X100<br>LEI: 5493001BRBYRXP4A4K56 | Long             | STIV             | RF                | US        |    161379 | NS      | $161379.12    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Pidilite Industries Ltd                                      | Pidilite Industries Ltd                                      | CUSIP: 000000000<br>LEI: 335800APXGEBZ349GN74 | Long             | EC               | CORP              | IN        |     12351 | NS      | $440168.05    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd                                           | Midea Group Co Ltd                                           | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     60900 | NS      | $613870.20    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Futu Holdings Ltd                                            | Futu Holdings Ltd                                            | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |      9870 | NS      | $1219833.30   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Nongfu Spring Co Ltd                                         | Nongfu Spring Co Ltd                                         | CUSIP: 000000000<br>LEI: 300300P08GGT4SKR9G93 | Long             | EC               | CORP              | CN        |    255200 | NS      | $1309123.51   | 1.45%             |  |  |  | No            |                  2 | On Loan: —       |
| Mahindra & Mahindra Ltd                                      | Mahindra & Mahindra Ltd                                      | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     11820 | NS      | $438725.74    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                                                         | Taiwan Semiconductor Manufacturing Co Ltd                    | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    250400 | NS      | $9156966.27   | 10.14%            |  |  |  | No            |                  2 | On Loan: No      |
| Varun Beverages Ltd                                          | Varun Beverages Ltd                                          | CUSIP: 000000000<br>LEI: 33580058NWEMWBDNMD48 | Long             | EC               | CORP              | IN        |    117706 | NS      | $628085.28    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Hansoh Pharmaceutical Group Co                               | Hansoh Pharmaceutical Group Co Ltd                           | CUSIP: 000000000<br>LEI: 254900Q6MR00EBXTPF42 | Long             | EC               | CORP              | CN        |    378000 | NS      | $1436515.47   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Titan Co Ltd                                                 | Titan Co Ltd                                                 | CUSIP: 000000000<br>LEI: 549300RO9VJWPK37FE54 | Long             | EC               | CORP              | IN        |     21510 | NS      | $925746.98    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hesai Group                                                  | Hesai Group                                                  | CUSIP: 428050108<br>LEI: 836800KOYHURQT1JZY11 | Long             | EC               | CORP              | CN        |     22985 | NS      | $504520.75    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Heavy Industries Co                               | HD Hyundai Heavy Industries Co Ltd                           | CUSIP: 000000000<br>LEI: 988400CAR8W9URQLGF30 | Long             | EC               | CORP              | KR        |      5405 | NS      | $1706007.61   | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                                            | Bharti Airtel Ltd                                            | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     70883 | NS      | $1661785.98   | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Hon Hai Precision Industry Co                                | Hon Hai Precision Industry Co Ltd                            | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |    140000 | NS      | $772427.10    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                                  | NetEase Inc                                                  | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     17706 | NS      | $2382873.48   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BeOne Medicines Ltd                                          | BeOne Medicines Ltd                                          | CUSIP: 000000000<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | US        |     47600 | NS      | $900451.40    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ASMedia Technology Inc                                       | ASMedia Technology Inc                                       | CUSIP: 000000000<br>LEI: 529900CQG67FQMMNX678 | Long             | EC               | CORP              | TW        |      8000 | NS      | $523524.59    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Trent Ltd                                                    | Trent Ltd                                                    | CUSIP: 000000000<br>LEI: 335800IYA8EHI7MW7G59 | Long             | EC               | CORP              | IN        |     10471 | NS      | $759110.16    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                    | Alibaba Group Holding Ltd                                    | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |    206050 | NS      | $2916833.40   | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mixue Group                                                  | Mixue Group                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7600 | NS      | $498810.30    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                                                 | SK Hynix Inc                                                 | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      8639 | NS      | $1861545.65   | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** AMG Funds III

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer