# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-26-007596
**Filing Date:** 2026-5
**Character Count:** 14945
**Document Hash:** cf0ba6a21e55f526cf4ce2a32c80c028
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007596.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007596

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 261029775

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### Hodges Fund (Series ID: S000081358)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000244083 | Retail Class |  |

## 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 II

- **b. Investment Company Act file number:** 811-22549

- **c. CIK number of Registrant:** 0001518042

- **d. LEI of Registrant:** 549300TH7YXW5G2QY588

- **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:** Hodges Fund

- **b. EDGAR series identifier (if any):** S000081358

- **c. LEI of Series:** 529900X2HQNDIZRTJZ60

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $217290854.71

**Total Liabilities:** $5145891.09

**Net Assets:** $212144963.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244083 | 3.98%                | 3.30%                | -8.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3465408.14              | $3677920.57                                |
| Month 2  | $6745680.46              | $34650.80                                  |
| Month 3  | $-3917602.76             | $-11257461.47                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Airlines Group Inc                  | AMERICAN AIRLINE       | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |    250000 | NS      | $2685000.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                       | APPLIED MATERIAL       | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     17500 | NS      | $5981325.00   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc Of California Inc.                      | BANC OF CALIFORN       | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    300000 | NS      | $5274000.00   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corporation             | CARPENTER TECH         | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     13500 | NS      | $5321025.00   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                          | EXPAND ENERGY CO       | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     50000 | NS      | $5489000.00   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc.                   | CIRCLE INTERNET        | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |     40000 | NS      | $3816400.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                             | CLEAR SECURE I-A       | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150000 | NS      | $7261500.00   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc                         | CLEVELAND-CLIFFS       | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    500000 | NS      | $4225000.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Corecivic Inc                                | CORECIVIC INC          | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |    200000 | NS      | $3782000.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc.                              | DRAFTKINGS INC         | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |    415000 | NS      | $8972300.00   | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                         | EAGLE MATERIALS        | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     30000 | NS      | $5683500.00   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corporation                            | FEDEX CORP             | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     20000 | NS      | $7123600.00   | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                    | FIRST AM-TR OB-X       | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2726712 | PA      | $2726711.88   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| First Watch Restaurant Group Inc             | FIRST WATCH REST       | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    700000 | NS      | $7336000.00   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                        | FREEPORT-MCMORAN       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    170000 | NS      | $9992600.00   | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc                                | GEO GROUP INC/TH       | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |    360000 | NS      | $6051600.00   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc.                       | GILDAN ACTIVEWEA       | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     80000 | NS      | $4452000.00   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Company                    | MATADOR RESOURCE       | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    160000 | NS      | $10108800.00  | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                   | MATSON INC             | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     20000 | NS      | $3278800.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                       | MICRON TECH            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     25000 | NS      | $8446000.00   | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA CORP            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     35000 | NS      | $6104000.00   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                    | PALANTIR TECHN-A       | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     35000 | NS      | $5119800.00   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.                       | POWELL INDS INC        | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |     12000 | NS      | $6492960.00   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RH                                           | RH                     | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Long             | EC               | CORP              | US        |     10000 | NS      | $1398200.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Stitch Fix Inc                               | STITCH FIX INC-A       | CUSIP: 860897107<br>LEI: 549300TNHOVBOJZIYE72 | Long             | EC               | CORP              | US        |   1250000 | NS      | $4137500.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMIC-ADR       | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     15000 | NS      | $5069250.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Terawulf Inc                                 | TERAWULF INC           | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |    800000 | NS      | $11544000.00  | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                    | TESLA INC              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     15000 | NS      | $5576250.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation               | TEXAS PACIFIC LA       | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $11864000.00  | 5.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                   | TWILIO INC - A         | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     20000 | NS      | $2516400.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                        | UBER TECHNOLOGIE       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    150000 | NS      | $10789500.00  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | AMZN US 05/15/26 C200  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       500 | NC      | $871500.00    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Sharkninja Inc.                              | SHARKNINJA INC         | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    100000 | NS      | $10590000.00  | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd.                         | VIKING HOLDINGS        | CUSIP: G93A5A101<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    100000 | NS      | $7348000.00   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                | ON HOLDING AG-A        | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |    165000 | NS      | $5613300.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | MTDR US 05/15/26 C67.5 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |      -300 | NC      | $-64500.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer