# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0001752724-25-210993
**Filing Date:** 2025-8
**Character Count:** 12702
**Document Hash:** 524cb3f190dd94ad9cd4dc351de5ca72
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210993.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210993

**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:** 251269918

**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

### Strategas Macro Momentum ETF (Series ID: S000084480)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000248869 | Strategas Macro Momentum ETF | SAMM            |

## 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:** Strategas Macro Momentum ETF

- **b. EDGAR series identifier (if any):** S000084480

- **c. LEI of Series:** 529900QD2YV99BJ84525

**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:** $15786172.43

**Total Liabilities:** $33697.85

**Net Assets:** $15752474.58

**Cash Not Reported:** $691575.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248869 | 6.84%                | 5.51%                | -1.68%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $127361.46               | $872372.64                                 |
| Month 2  | $-228941.82              | $1014340.06                                |
| Month 3  | $-371728.21              | $116622.93                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABBOTT LABORATORIES                         | ABBOTT LABORATORIES COMMON STOCK              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               |  | US        |      4449 | NS      | $605108.49    | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                               | BROADCOM INC COMMON STOCK                     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               |  | US        |      1914 | NS      | $527594.10    | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX TECHNOLOGIES, INC.                      | BWX TECHNOLOGIES INC COMMON STOCK             | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               |  | US        |      3228 | NS      | $465025.68    | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corporation                        | CARNIVAL CORP COMMON STOCK                    | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               |  | US        |     23972 | NS      | $674092.64    | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORPORATION.           | CONSTELLATION ENERGY COMMON STOCK             | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               |  | US        |      1222 | NS      | $394412.72    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG, INC.                               | COUPANG INC COMMON STOCK                      | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               |  | US        |     17079 | NS      | $511686.84    | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.                  | CROWDSTRIKE HOLDINGS INC - A COMMON STOCK     | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               |  | US        |      1516 | NS      | $772113.96    | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBERARK SOFTWARE LTD.                      | CYBERARK SOFTWARE LTD/ISRAEL COMMON STOCK     | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               |  | US        |      1205 | NS      | $490290.40    | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Wave Quantum Inc                          | D-WAVE QUANTUM INC COMMON STOCK               | CUSIP: 26740W109<br>LEI: 5493001U37G4PRD4GW95 | Long             | EC               |  | US        |     22245 | NS      | $325666.80    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & COMPANY                             | DEERE & CO COMMON STOCK                       | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               |  | US        |      1432 | NS      | $728157.68    | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORPORATION                             | EQT CORP COMMON STOCK                         | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               |  | US        |     15747 | NS      | $918365.04    | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                       | GILEAD SCIENCES INC COMMON STOCK              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               |  | US        |      4831 | NS      | $535612.97    | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.               | GOLDMAN SACHS GROUP INC COMMON STOCK          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               |  | US        |      1028 | NS      | $727567.00    | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HARTFORD INSURANCE GROUP, INC.          | HARTFORD INSURANCE GROUP INC/THE COMMON STOCK | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               |  | US        |      4646 | NS      | $589438.02    | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION | INTL BUSINESS MACHINES CORP COMMON STOCK      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               |  | US        |      2093 | NS      | $616974.54    | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                             | KLA CORP COMMON STOCK                         | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               |  | US        |       553 | NS      | $495344.22    | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LEONARDO DRS, INC.                          | LEONARDO DRS INC COMMON STOCK                 | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               |  | US        |      8483 | NS      | $394289.84    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                     | MICRON TECHNOLOGY INC COMMON STOCK            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               |  | US        |      2733 | NS      | $336842.25    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MIRION TECHNOLOGIES, INC.                   | MIRION TECHNOLOGIES INC COMMON STOCK          | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               |  | US        |     12434 | NS      | $267704.02    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                              | MORGAN STANLEY COMMON STOCK                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               |  | US        |      4145 | NS      | $583864.70    | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NATERA, INC.                                | NATERA INC COMMON STOCK                       | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               |  | US        |      3593 | NS      | $607001.42    | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORPORATION                 | PARKER HANNIFIN CORP COMMON STOCK             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               |  | US        |       656 | NS      | $458196.32    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.                     | SPOTIFY TECHNOLOGY SA COMMON STOCK            | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               |  | US        |       562 | NS      | $431245.08    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Physical Gold Trust                  | SPROTT PHYSICAL GOLD TRUST MUTUAL FUND        | CUSIP: 85207H104<br>LEI: N/A                  | Long             | EC               |  | US        |      9574 | NS      | $242700.90    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.         | TAKE-TWO INTERACTIVE SOFTWRE COMMON STOCK     | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               |  | US        |      2663 | NS      | $646709.55    | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INCORPORATED                | TRANSDIGM GROUP INC COMMON STOCK              | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               |  | US        |       280 | NS      | $425779.20    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                     | UBER TECHNOLOGIES INC COMMON STOCK            | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               |  | US        |      8759 | NS      | $817214.70    | 5.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                       | WELLS FARGO & CO COMMON STOCK                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               |  | US        |      6236 | NS      | $499628.32    | 3.17%             |  |  |  | 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