# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-003113
**Filing Date:** 2026-2
**Character Count:** 9891
**Document Hash:** d7c08d22cb6d57122876f601cfe5fb21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003113.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003113

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**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:** 26693073

**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

### RESQ Strategic Income Fund (Series ID: S000043339)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000134180 | RESQ Strategic Income Fund Class A Shares | RQIAX           |
| C000134181 | RESQ Strategic Income Fund Class I Shares | RQIIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **RESQ DYNAMIC ALLOCATION FUND** | **RESQ DYNAMIC ALLOCATION FUND** | **RESQ DYNAMIC ALLOCATION FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 63.6%** |  |
|  | **EQUITY - 63.6%** |  |
| 23000 | Bitwise Crypto Industry Innovators ETF<sup>(a)</sup> | $458390 |
| 8200 | Communication Services Select Sector SPDR Fund | 965304 |
| 9800 | Consumer Discretionary Select Sector SPDR Fund | 1170218 |
| 6900 | Consumer Staples Select Sector SPDR Fund | 535992 |
| 40000 | Direxion Daily S&P 500 Bear 3X Shares | 1418800 |
| 20000 | Direxion Daily Technology Bear 3X Shares | 345800 |
| 7700 | Energy Select Sector SPDR Fund | 344267 |
| 26200 | Financial Select Sector SPDR Fund | 1434974 |
| 7263 | Health Care Select Sector SPDR Fund | 1124312 |
| 5900 | Industrial Select Sector SPDR Fund | 915208 |
| 27200 | iShares MSCI ACWI ETF | 3848529 |
| 11200 | iShares MSCI Spain ETF | 603792 |
| 10000 | iShares Russell 2000 ETF | 2461600 |
| 9100 | iShares U.S. Utilities ETF | 986076 |
| 4400 | Materials Select Sector SPDR Fund | 199540 |
| 2900 | ProShares UltraPro Short QQQ | 198650 |
| 4800 | Real Estate Select Sector SPDR Fund | 193680 |
| 22600 | Technology Select Sector SPDR Fund | 3253722 |
| 4000 | Vanguard S&P 500 ETF | 2508520 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $20,359,442)** | 22967374 |
|  | **EXCHANGE-TRADED NOTES — 0.3%** |  |
|  | **SPECIALTY - 0.3%** |  |
| 4500 | iPath Series B S&P 500 VIX Short-Term Futures ETN<sup>(a)</sup> | 119115 |
|  | **TOTAL EXCHANGE-TRADED NOTES (Cost $163,466)** |  |
|  | **SHORT-TERM INVESTMENTS — 36.0%** |  |
|  | **MONEY MARKET FUNDS - 36.0%** |  |
| 13023148 | First American Government Obligations Fund, Class X, 3.64% (Cost $13,023,148)<sup>(b)</sup> | $13023148 |
|  | **TOTAL INVESTMENTS - 99.9% (Cost $33,546,056)** | $36109637 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.1%** | 19060 |
|  | **NET ASSETS - 100.0%** | $36128697 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| MSCI | - Morgan Stanley Capital International |
| SPDR | - Standard & Poor's Depositary Receipt |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven day effective yield as of December 31, 2025.

---

| | | |
|:---|:---|:---|
| **RESQ STRATEGIC INCOME FUND** | **RESQ STRATEGIC INCOME FUND** | **RESQ STRATEGIC INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 75.2%** |  |
|  | **FIXED INCOME - 75.2%** |  |
| 27000 | iShares 0-1 Year Treasury Bond ETF | $2974050 |
| 30700 | iShares 1-3 Year Treasury Bond ETF | 2542574 |
| 64500 | JPMorgan Ultra-Short Income ETF | 3263055 |
| 50000 | PIMCO Enhanced Short Maturity Active ETF | 5017000 |
| 205000 | Schwab Short-Term U.S. Treasury ETF | 4995850 |
| 60000 | Vanguard Short-Term Treasury ETF | 3523800 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $22,312,327)** | 22316329 |
|  | **SHORT-TERM INVESTMENTS — 1.6%** |  |
|  | **MONEY MARKET FUNDS - 1.6%** |  |
| 470079 | First American Government Obligations Fund, Class X, 3.64% (Cost $470,079)<sup>(a)</sup> | 470079 |
|  | **TOTAL INVESTMENTS - 76.8% (Cost $22,782,406)** | $22786408 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 23.2%** | 6890247 |
|  | **NET ASSETS - 100.0%** | $29676655 |

---

ETF - Exchange-Traded Fund <br>

<sup>(a)</sup> Rate disclosed is the seven day effective yield as of December 31, 2025.

## 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:** RESQ Strategic Income Fund

- **b. EDGAR series identifier (if any):** S000043339

- **c. LEI of Series:** 549300USY68742UVZC15

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $29828194.01

**Total Liabilities:** $151539.25

**Net Assets:** $29676654.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000134180 | 1.16%                | -0.24%               | -0.54%               |
| Class ID C000134181 | 1.18%                | -0.21%               | -0.49%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $354897.00               | $-56386.00                                 |
| Month 2  | $40898.80                | $-178837.50                                |
| Month 3  | $-485120.30              | $183753.50                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Funds Inc.             | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    470079 | PA      | $470078.57    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | ISHARES 1-3 YEAR          | CUSIP: 464287457<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     30700 | NS      | $2542574.00   | 8.57%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | ISHARES 0-1 YEAR          | CUSIP: 464288679<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     27000 | NS      | $2974050.00   | 10.02%            |  |  |  | No            |                  1 | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust | JPM ULTRA-SHT IN          | CUSIP: 46641Q837<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |     64500 | NS      | $3263055.00   | 11.00%            |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO ETF Trust                       | PIMCO ENHANCED SHORT MATU | CUSIP: 72201R833<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |     50000 | NS      | $5017000.00   | 16.91%            |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Strategic Trust                | SCHWAB SHORT-TER          | CUSIP: 808524862<br>LEI: 549300NAZEQOIX80E226 | Long             | EC               | RF                | US        |    205000 | NS      | $4995850.00   | 16.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Scottsdale Funds             | VANGUARD SHORT-T          | CUSIP: 92206C102<br>LEI: 549300Y88GQ3VLJIBX57 | Long             | EC               | RF                | US        |     60000 | NS      | $3523800.00   | 11.87%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

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

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer