# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0002000324-26-002120
**Filing Date:** 2026-5
**Character Count:** 7244
**Document Hash:** d3d663ab9a1569c43e03dafba5b82b7b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002120.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002000324-26-002120

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust III
- **CENTRAL INDEX KEY:** 0001722388

**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:** 811-23312
- **FILM NUMBER:** 261033087

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Trust I
- **DATE OF NAME CHANGE:** 20180319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Funds I Trust
- **DATE OF NAME CHANGE:** 20171113

## Series and Classes Contracts Data

### Ned Davis Research 360 Dynamic Allocation ETF (Series ID: S000088329)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000254581 | Ned Davis Research 360 Dynamic Allocation ETF | NDAA            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust III

- **b. Investment Company Act file number:** 811-23312

- **c. CIK number of Registrant:** 0001722388

- **d. LEI of Registrant:** 254900O7GV43AAUCM784

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

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

- **a. Name of Series:** Ned Davis Research 360 Dynamic Allocation ETF

- **b. EDGAR series identifier (if any):** S000088329

- **c. LEI of Series:** 254900J8OGEV32AXPL67

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $3040152.29

**Total Liabilities:** $1293.82

**Net Assets:** $3038858.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254581 | 3.47%                | 1.55%                | -4.90%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8849.00                 | $60428.46                                  |
| Month 2  | $-1622.40                | $49319.68                                  |
| Month 3  | $-13736.24               | $-140976.51                                |

**Designated Index Information**

- **Index Name:** N/A

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| abrdn Bloomberg All Commodity Strategy K-1 Free ET | abrdn Bloomberg All Commodity Strategy K-1 Free ET | CUSIP: 003261104<br>LEI: N/A                  | Long             | EC               | RF                | US        |     14874 | NS      | $361289.46    | 11.89%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli                     | First American Government Obligations Fund         | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     44326 | NS      | $44325.76     | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                         | iShares Core MSCI EAFE ETF                         | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             | EC               | RF                | US        |      5227 | NS      | $473200.31    | 15.57%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Emerging Mar                     | iShares Core MSCI Emerging Markets ETF             | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |      7180 | NS      | $500805.00    | 16.48%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P Small-Cap ETF                     | iShares Core S&P Small-Cap ETF                     | CUSIP: 464287804<br>LEI: 549300BZQ17QYN750B25 | Long             | EC               | RF                | US        |      1226 | NS      | $152404.06    | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P U.S. Value ET                     | iShares Core S&P U.S. Value ETF                    | CUSIP: 464287663<br>LEI: 5493000QQ8DI7M01C732 | Long             | EC               | RF                | US        |      3897 | NS      | $398468.25    | 13.11%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Bloomberg 1-                     | State Street SPDR Bloomberg 1-3 Month T-Bill ETF   | CUSIP: 78468R663<br>LEI: 549300GQCVCME1YJ6B50 | Long             | EC               | RF                | US        |      3238 | NS      | $296730.32    | 9.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Growth ETF                                | Vanguard Growth ETF                                | CUSIP: 922908736<br>LEI: N/A                  | Long             | EC               | RF                | US        |       724 | NS      | $316235.96    | 10.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard S&P 500 ETF                               | Vanguard S&P 500 ETF                               | CUSIP: 922908363<br>LEI: N/A                  | Long             | EC               | RF                | US        |       831 | NS      | $496564.05    | 16.34%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Tidal Trust III

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer