# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0001752724-25-208585
**Filing Date:** 2025-8
**Character Count:** 23824
**Document Hash:** 3022f9c3bad775c29f77c065a6e4188e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-208585.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-208585

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST III
- **CENTRAL INDEX KEY:** 0001537140

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22655
- **FILM NUMBER:** 251263353

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2621

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### HCM Dividend Sector Plus Fund (Series ID: S000048332)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000152642 | HCM Dividend Sector Plus Fund Class A Shares        | HCMNX           |
| C000152643 | HCM Dividend Sector Plus Fund Class A1 Shares       | HCMWX           |
| C000152644 | HCM Dividend Sector Plus Fund Investor Class Shares | HCMPX           |
| C000152645 | HCM Dividend Sector Plus Fund Class I Shares        | HCMQX           |
| C000152646 | HCM Dividend Sector Plus Fund Class R Shares        | HCMZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST III

- **b. Investment Company Act file number:** 811-22655

- **c. CIK number of Registrant:** 0001537140

- **d. LEI of Registrant:** 549300PPUECJSQFBYV98

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** HCM Dividend Sector Plus Fund

- **b. EDGAR series identifier (if any):** S000048332

- **c. LEI of Series:** 549300QYTEJYTXYJCL20

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

- **a. Date of fiscal year-end:** 2025-06-30

- **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:** $1724261540.65

**Total Liabilities:** $2589181.39

**Net Assets:** $1721672359.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152642 | -1.62%               | 5.64%                | 7.28%                |
| Class ID C000152645 | -1.65%               | 5.68%                | 7.29%                |
| Class ID C000152646 | -1.62%               | 5.65%                | 7.30%                |
| Class ID C000152643 | -1.67%               | 5.63%                | 7.27%                |
| Class ID C000152644 | -1.73%               | 5.58%                | 7.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-8303172.96             | $-16971445.31                              |
| Month 2  | $27462.71                | $87132284.15                               |
| Month 3  | $10431843.36             | $103466460.15                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Public Service Enterprise Group Incorporated | PUB SERV ENTERP           | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     51345 | NS      | $4322222.10   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                          | SYNCHRONY FINANC          | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    102478 | NS      | $6839381.72   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust                              | PRO ULTRA QQQ             | CUSIP: 74347R206<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   2418041 | NS      | $284627606.11 | 16.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Direxion Shares ETF Trust                    | DIREXION DAILY S          | CUSIP: 25459W862<br>LEI: 549300M501IVJM50FG12 | Long             | EC               | RF                | US        |    835617 | NS      | $145004618.01 | 8.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                  | PFIZER INC                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     90184 | NS      | $2186060.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                   | EVERGY INC                | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     60741 | NS      | $4186877.13   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                         | M&T BANK CORP             | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     23871 | NS      | $4630735.29   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                                  | VIATRIS INC               | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    308928 | NS      | $2758727.04   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                           | COTERRA ENERGY I          | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    106605 | NS      | $2705634.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                     | SKYWORKS SOLUTIO          | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     30558 | NS      | $2277182.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Company                       | DXC TECHNOLOGY C          | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    136795 | NS      | $2091595.55   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc.                        | ALASKA AIR GROUP          | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     88489 | NS      | $4378435.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                    | APA CORP                  | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     76259 | NS      | $1394777.11   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                               | KROGER CO                 | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     68091 | NS      | $4884167.43   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                 | LENNAR CORP-A             | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     27216 | NS      | $3010361.76   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                      | BERKSHIRE HATH-B          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      8633 | NS      | $4193652.41   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                       | SOUTHWEST AIR             | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    113737 | NS      | $3689628.28   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust                              | PROSHARES ULTRAPRO S&P 50 | CUSIP: 74347X864<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   1190076 | NS      | $108820549.44 | 6.32%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                | ISHARES SELECT D          | CUSIP: 464287168<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |   1011427 | NS      | $134327619.87 | 7.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co                                 | ORGANON & CO              | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |    178927 | NS      | $1732013.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                              | PPL CORP                  | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    126362 | NS      | $4282408.18   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                           | ALTRIA GROUP INC          | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     70078 | NS      | $4108673.14   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corporation                            | NUCOR CORP                | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     19174 | NS      | $2483799.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc                  | AMERICAN AIRLINE          | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    245913 | NS      | $2759143.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                 | METLIFE INC               | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     48523 | NS      | $3902219.66   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                         | STEEL DYNAMICS            | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     27639 | NS      | $3538068.39   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp.                                    | AES CORP                  | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    237447 | NS      | $2497942.44   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                 | UNITED AIRLINES           | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     75425 | NS      | $6006092.75   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                  | HUMANA INC                | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      5945 | NS      | $1453433.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr S&P 500 Etf Trust                       | SPDR S&P 500 ETF          | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |    268284 | NS      | $165759269.40 | 9.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                              | BORGWARNER INC            | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     76278 | NS      | $2553787.44   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.              | UNIVERSAL HLTH-B          | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     23450 | NS      | $4247967.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                  | VERIZON COMMUNIC          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     95278 | NS      | $4122679.06   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                              | FOX CORP - B              | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    106260 | NS      | $5486203.80   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc.                     | MILLROSE PROPERT          | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13608 | NS      | $387964.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                 | CF INDUSTRIES HO          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     34974 | NS      | $3217608.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                              | FOX CORP - A              | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     98267 | NS      | $5506882.68   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                   | ARCHER-DANIELS            | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     40126 | NS      | $2117850.28   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                     | AT&T INC                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    202853 | NS      | $5870565.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                            | TYSON FOODS-A             | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     63601 | NS      | $3557839.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HCM BBH SWEEP                                | BBH SWEEP VEHICLE         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   5589525 | PA      | $5589524.56   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                               | ALBEMARLE CORP            | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     19313 | NS      | $1210345.71   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     73828 | NS      | $6284239.36   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                           | RALPH LAUREN COR          | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     26333 | NS      | $7222615.24   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                          | VALERO ENERGY             | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     23556 | NS      | $3166397.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc.                         | DELTA AIR LI              | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     85071 | NS      | $4183791.78   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.               | HEWLETT PACKA             | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    178604 | NS      | $3652451.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                     | MARATHON PETROLE          | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     20399 | NS      | $3388477.89   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| The Mosaic Company                           | MOSAIC CO/THE             | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     85615 | NS      | $3123235.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                       | HP INC                    | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    115577 | NS      | $2827013.42   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                              | BUNGE GLOBAL SA           | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |     28136 | NS      | $2258758.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust                              | PRO ULTRA S&P500          | CUSIP: 74347R107<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |   2869603 | NS      | $280417605.16 | 16.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Whitehall Funds                     | VANGUARD HI DV Y          | CUSIP: 921946406<br>LEI: 5493006QD7VQBS2FQD13 | Long             | EC               | RF                | US        |   1132957 | NS      | $151034497.67 | 8.77%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corporation                             | NEWS CORP-CL B            | CUSIP: 65249B208<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |    143272 | NS      | $4915662.32   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                              | EQT CORP                  | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     67680 | NS      | $3947097.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.         | COGNIZANT TECH-A          | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     44068 | NS      | $3438626.04   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                       | GENERAL MOTORS C          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     97077 | NS      | $4777159.17   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                         | VANGUARD GRW ETF          | CUSIP: 922908736<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     12580 | NS      | $5515072.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulte Group Inc                              | PULTEGROUP INC            | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41197 | NS      | $4344635.62   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                          | ENTERGY CORP              | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     64506 | NS      | $5361738.72   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Specialized Funds                   | VANGUARD DVD A E          | CUSIP: 921908844<br>LEI: 549300OM0CLBHZ9MZW59 | Long             | EC               | RF                | US        |   1231457 | NS      | $252042304.19 | 14.64%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST III

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer