NPORT-P false 0001537140 XXXXXXXX S000047794 C000150165 C000150164 NORTHERN LIGHTS FUND TRUST III 811-22655 0001537140 549300PPUECJSQFBYV98 225 PICTORIA DRIVE SUITE 450 CINCINNATI 45246 631-470-2600 ACM Dynamic Opportunity Fund S000047794 549300VVC0FY4C5RS064 2022-12-31 2022-06-30 N 88717363.61 5721894.16 82995469.45 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 0.00000000 N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 7000.00000000 NS USD 1378230.00000000 1.660608716515 Long EC CORP US N 1 N N N United States Treasury Bills 254900HROIFWPRGM1V77 912796S42 1000000.00000000 PA USD 999449.31000000 1.204221527540 Long DBT UST US N 2 2022-07-21 Fixed 0.00000000 N N N N N N United States Treasury Bills 254900HROIFWPRGM1V77 912796T58 500000.00000000 PA USD 498871.36000000 0.601082641385 Long DBT UST US N 2 2022-08-25 Fixed 0.00000000 N N N N N N FTI Consulting, Inc. 549300K17GM8EQD0FQ48 302941109 5000.00000000 NS USD 904250.00000000 1.089517302561 Long EC CORP US N 1 N N N N/A N/A N/A 50.00000000 NC USD 56250.00000000 0.067774783819 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased NVIDIA Corp. NVIDIA Corp. COM 50.00000000 155.00000000 USD 2022-07-29 XXXX 2700.00000000 N N N United States Treasury Bills 254900HROIFWPRGM1V77 912796S59 500000.00000000 PA USD 499640.00000000 0.602008764226 Long DBT UST US N 2 2022-07-28 Fixed 0.00000000 N N N N N N Goldman Sachs Trust S2FHCT8U6D2VORP0J605 38141W265 12317960.88000000 PA USD 12317960.88000000 14.84172685765 Long STIV RF US N 1 N N N EPAM Systems Inc. 549300XCR4R530HJP604 29414B104 2000.00000000 NS USD 589560.00000000 0.710352027534 Long EC CORP US N 1 N N N N/A N/A N/A 200.00000000 NC USD 139200.00000000 0.167719998359 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Advanced Micro Devices, Inc. Advanced Micro Devices, Inc. COM 200.00000000 80.00000000 USD 2022-07-29 XXXX 7000.50000000 N N N Advanced Micro Devices, Inc. R2I72C950HOYXII45366 007903107 10000.00000000 NS USD 764700.00000000 0.921375594436 Long EC CORP US N 1 N N N N/A N/A N/A 200.00000000 NC USD 323000.00000000 0.389177869756 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Invesco Qqq Trust Invesco Qqq Trust UNIT SER 1 200.00000000 285.00000000 USD 2022-08-19 XXXX 54000.00000000 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 67066G104 4500.00000000 NS USD 682155.00000000 0.821918358339 Long EC CORP US N 1 N N N Schlumberger Limited 213800ZUA17OK3QLGM62 806857108 12000.00000000 NS USD 429120.00000000 0.517040270804 Long EC CORP CW N 1 N N N Eli Lilly & Co. FRDRIPF3EKNDJ2CQJL29 532457108 4200.00000000 NS USD 1361766.00000000 1.640771489123 Long EC CORP US N 1 N N N N/A N/A N/A -60.00000000 NC USD -24300.00000000 -0.02927870661 Short DE CORP N/A N 2 GOLDMAN SACHS N/A Call Written FTI Consulting, Inc. FTI Consulting, Inc. COM -60.00000000 180.00000000 USD 2022-07-15 XXXX -7760.19000000 N N N Vertex Pharmaceuticals Incorporated 54930015RAQRRZ5ZGJ91 92532F100 3000.00000000 NS USD 845370.00000000 1.018573671071 Long EC CORP US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 023135106 16000.00000000 NS USD 1699360.00000000 2.047533451237 Long EC CORP US N 1 N N N The Trade Desk Inc 549300GXPD31VT3E0P46 88339J105 12000.00000000 NS USD 502680.00000000 0.605671614765 Long EC CORP US N 1 N N N Quanta Services, Inc. SHVRXXEACT60MMH07S24 74762E102 6500.00000000 NS USD 814710.00000000 0.981631895570 Long EC CORP US N 1 N N N FIRST AMERN FDS INC 549300J5J5SJCZ9IA369 31846V336 34506043.89000000 PA USD 34506043.89000000 41.57581626884 Long STIV RF US N 1 N N N UnitedHealth Group Inc. 549300GHBMY8T5GXDE41 91324P102 3000.00000000 NS USD 1540890.00000000 1.856595318047 Long EC CORP US N 1 N N N N/A N/A N/A 180.00000000 NC USD 69300.00000000 0.083498533666 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased The Mosaic Company The Mosaic Company COM 180.00000000 50.00000000 USD 2022-07-15 XXXX 9419.40000000 N N N US BANK MMDA N/A N/A 16514899.05000000 PA USD 16514899.05000000 19.89855489636 Long STIV US N 1 N N N Select Sector Spdr 5493008JJKIPMEX3CO91 81369Y886 30000.00000000 NS USD 2103900.00000000 2.534957647618 Long EC RF US N 1 N N N The Mosaic Company 2YD5STGSJNMUB7H76907 61945C103 9000.00000000 NS USD 425070.00000000 0.512160486369 Long EC CORP US N 1 N N N Select Sector Spdr 5493008JJKIPMEX3CO91 81369Y506 -5000.00000000 NS USD -357550.00000000 -0.43080664808 Short EC RF US N 1 N N N N/A N/A N/A 150.00000000 NC USD 201750.00000000 0.243085557967 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Invesco Qqq Trust Invesco Qqq Trust UNIT SER 1 150.00000000 280.00000000 USD 2022-08-19 XXXX -649.50000000 N N N Spdr S&P 500 Etf Trust 549300NZAMSJ8FXPQQ63 78462F103 -6500.00000000 NS USD -2452125.00000000 -2.95452874265 Short EC RF US N 1 N N N N/A N/A N/A 320.00000000 NC USD 195200.00000000 0.235193560917 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Amazon.com, Inc. Amazon.com, Inc. COM 320.00000000 105.00000000 USD 2022-07-29 XXXX 29049.60000000 N N N Apple Inc. HWUPKR0MPOU8FGXBT394 037833100 9000.00000000 NS USD 1230480.00000000 1.482586951015 Long EC CORP US N 1 N N N Microsoft Corporation INR2EJN1ERAN0W5ZP974 594918104 4800.00000000 NS USD 1232784.00000000 1.485363006161 Long EC CORP US N 1 N N N EOG Resources, Inc. XWTZDRYZPBUHIQBKDB46 26875P101 6500.00000000 NS USD 717860.00000000 0.864938778896 Long EC CORP US N 1 N N N N/A N/A N/A -300.00000000 NC USD -18900.00000000 -0.02277232736 Short DE CORP N/A N 2 GOLDMAN SACHS N/A Call Written Grocery Outlet Holding Corp. Grocery Outlet Holding Corp. COM -300.00000000 45.00000000 USD 2022-07-15 XXXX 3413.48000000 N N N Grocery Outlet Holding Corp. N/A 39874R101 23000.00000000 NS USD 980490.00000000 1.181377738444 Long EC CORP US N 1 N N N Lantheus Holdings Inc 5299005HUB5IOJGO7S39 516544103 12700.00000000 NS USD 838581.00000000 1.010393706496 Long EC CORP US N 1 N N N Spdr Series Trust 5493004JVD6CQEEJSS37 78464A714 -40000.00000000 NS USD -2326400.00000000 -2.80304457028 Short EC RF US N 1 N N N N/A N/A N/A 30.00000000 NC USD 39000.00000000 0.046990516781 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Vertex Pharmaceuticals Incorporated Vertex Pharmaceuticals Incorporated COM 30.00000000 280.00000000 USD 2022-08-19 XXXX 8970.00000000 N N N Lululemon Athletica Inc. 549300D9GZ4BMLDW5T40 550021109 2900.00000000 NS USD 790569.00000000 0.952544765682 Long EC CORP US N 1 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 02079K305 900.00000000 NS USD 1961334.00000000 2.363182006195 Long EC CORP US N 1 N N N N/A N/A N/A 180.00000000 NC USD 130500.00000000 0.157237498462 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased The Trade Desk Inc The Trade Desk Inc COM CL A 180.00000000 45.00000000 USD 2022-08-19 XXXX 5901.00000000 N N N N/A N/A N/A 9.00000000 NC USD 56340.00000000 0.067883223473 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Alphabet Inc. Alphabet Inc. CAP STK CL A 9.00000000 2160.00000000 USD 2022-07-15 XXXX -4885.00000000 N N N N/A N/A N/A 60.00000000 NC USD 53700.00000000 0.064702326953 Long DE CORP N/A N 2 GOLDMAN SACHS N/A Put Purchased Lululemon Athletica Inc. Lululemon Athletica Inc. COM 60.00000000 270.00000000 USD 2022-07-15 XXXX -10208.60000000 N N N N/A N/A N/A -30.00000000 NC USD -47550.00000000 -0.05729228392 Short DE CORP N/A N 2 GOLDMAN SACHS N/A Call Written UnitedHealth Group Inc. UnitedHealth Group Inc. COM -30.00000000 500.00000000 USD 2022-07-01 XXXX -29280.42000000 N N N 2022-07-28 NORTHERN LIGHTS FUND TRUST III Brian Curley Brian Curley Treasurer