NPORT-P
false
0001537140
XXXXXXXX
S000063531
C000205844
C000205842
C000205843
NORTHERN LIGHTS FUND TRUST III
811-22655
0001537140
549300PPUECJSQFBYV98
225 PICTORIA DRIVE
SUITE 450
CINCINNATI
45246
631-470-2600
Swan Defined Risk Growth Fund
S000063531
5493006NNX4MJZUY5E83
2026-06-30
2026-06-30
N
61086779.33
1896909.98
59189869.35
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
567876.12000000
N
S&P 500 (TR)
500TR
ISHARES TRUST
5493000860OXIC4B5K91
ISHARES-C S&P500
464287200
71000.00000000
NS
USD
53171190.00000000
89.83157182792
Long
EC
RF
US
N
1
N
N
N
N/A
N/A
SPXW US 07/10/26 P6650
N/A
72.00000000
NC
USD
7339.18000000
0.012399385368
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
72.00000000
6650.00000000
USD
2026-07-10
XXXX
-292832.27000000
N
N
N
N/A
N/A
VIX US 07/22/26 C20
N/A
-440.00000000
NC
USD
-34792.08000000
-0.05878046426
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Call
Written
N/A
N/A
-440.00000000
20.00000000
USD
2026-07-22
XXXX
62998.82000000
N
N
N
N/A
N/A
VIX US 07/22/26 C21.5
N/A
-440.00000000
NC
USD
-26856.31000000
-0.04537315303
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Call
Written
N/A
N/A
-440.00000000
21.50000000
USD
2026-07-22
XXXX
56854.59000000
N
N
N
N/A
N/A
SPXW US 07/10/26 P6500
N/A
-144.00000000
NC
USD
-10940.23000000
-0.01848328121
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Written
S&P DOW JONES INDICES LLC INDEX
78378X107
-144.00000000
6500.00000000
USD
2026-07-10
XXXX
456476.87000000
N
N
N
N/A
N/A
VIX US 07/22/26 P17
N/A
440.00000000
NC
USD
33114.83000000
0.055946786778
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
N/A
N/A
440.00000000
17.00000000
USD
2026-07-22
XXXX
9025.73000000
N
N
N
N/A
N/A
SPXW US 08/07/26 P7100
N/A
18.00000000
NC
USD
65833.19000000
0.111223746095
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
18.00000000
7100.00000000
USD
2026-08-07
XXXX
-74475.87000000
N
N
N
N/A
N/A
SPX US 12/17/27 C7500
N/A
39.00000000
NC
USD
3442503.71000000
5.816035324632
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Call
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
39.00000000
7500.00000000
USD
2027-12-17
XXXX
1662659.98000000
N
N
N
N/A
N/A
SPXW US 07/10/26 P6350
N/A
72.00000000
NC
USD
4179.85000000
0.007061765883
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
72.00000000
6350.00000000
USD
2026-07-10
XXXX
-181511.60000000
N
N
N
N/A
N/A
VIX US 07/22/26 P17.5
N/A
440.00000000
NC
USD
45825.13000000
0.077420562848
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
N/A
N/A
440.00000000
17.50000000
USD
2026-07-22
XXXX
16016.03000000
N
N
N
N/A
N/A
SPX US 12/17/27 P6900
N/A
31.00000000
NC
USD
1056213.15000000
1.784449199835
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
31.00000000
6900.00000000
USD
2027-12-17
XXXX
-609944.29000000
N
N
N
N/A
N/A
SPX US 12/17/27 P7050
N/A
37.00000000
NC
USD
1385197.26000000
2.340260715578
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
37.00000000
7050.00000000
USD
2027-12-17
XXXX
-801927.36000000
N
N
N
N/A
N/A
SPX US 07/17/26 P7430
N/A
-18.00000000
NC
USD
-95117.36000000
-0.16069871591
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Written
S&P DOW JONES INDICES LLC INDEX
78378X107
-18.00000000
7430.00000000
USD
2026-07-17
XXXX
35669.78000000
N
N
N
N/A
N/A
SPXW US 08/07/26 P7250
N/A
-18.00000000
NC
USD
-100694.09000000
-0.17012048025
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Written
S&P DOW JONES INDICES LLC INDEX
78378X107
-18.00000000
7250.00000000
USD
2026-08-07
XXXX
89828.75000000
N
N
N
N/A
N/A
SPXW US 08/14/26 P7250
N/A
-18.00000000
NC
USD
-118561.28000000
-0.20030671008
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Written
S&P DOW JONES INDICES LLC INDEX
78378X107
-18.00000000
7250.00000000
USD
2026-08-14
XXXX
118462.76000000
N
N
N
N/A
N/A
SPX US 07/17/26 P7280
N/A
18.00000000
NC
USD
44829.31000000
0.075738146565
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
18.00000000
7280.00000000
USD
2026-07-17
XXXX
-32823.55000000
N
N
N
N/A
N/A
SPX US 12/17/27 C8500
N/A
-39.00000000
NC
USD
-1404163.68000000
-2.37230407064
Short
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Call
Written
S&P DOW JONES INDICES LLC INDEX
78378X107
-39.00000000
8500.00000000
USD
2027-12-17
XXXX
-827007.41000000
N
N
N
N/A
N/A
SPXW US 08/14/26 P7100
N/A
18.00000000
NC
USD
80387.24000000
0.135812497785
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
18.00000000
7100.00000000
USD
2026-08-14
XXXX
-95762.52000000
N
N
N
N/A
N/A
SPX US 12/17/27 P6400
N/A
3.00000000
NC
USD
74145.58000000
0.125267348642
Long
DE
CORP
N/A
N
2
GOLDMAN SACHS & CO LLC
FOR8UP27PHTHYVLBNG30
Put
Purchased
S&P DOW JONES INDICES LLC INDEX
78378X107
3.00000000
6400.00000000
USD
2027-12-17
XXXX
-89894.56000000
N
N
N
FIRST AMERICAN FUNDS INC
549300J5J5SJCZ9IA369
FRST AM-GV OB-X
31846V336
1097014.73000000
PA
USD
1097014.73000000
1.853382583957
Long
STIV
RF
US
N
1
N
N
N
2026-07-28
NORTHERN LIGHTS FUND TRUST III
Rich Gleason
Rich Gleason
Treasurer