# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001413032-25-000091
**Filing Date:** 2025-8
**Character Count:** 21894
**Document Hash:** 0d2eee2510ae057907cef1656bbc77a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413032-25-000091.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001413032-25-000091

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 251244747

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Select Small Cap Value Fund (Series ID: S000019852)

| Class ID   | Class Name                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000055689 | Columbia Variable Portfolio - Select Small Cap Value Fund Class 3 |  |
| C000088779 | Columbia Variable Portfolio - Select Small Cap Value Fund Class 1 |  |
| C000088780 | Columbia Variable Portfolio - Select Small Cap Value Fund Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

**Item A.2. Information about the Series.**

- **a. Name of Series:** Columbia Variable Portfolio - Select Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000019852

- **c. LEI of Series:** GVIC7V67VIFWPZ3FUT13

**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:** $101991077.85

**Total Liabilities:** $107799.48

**Net Assets:** $101883278.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055689 | -4.01%               | 6.54%                | 4.39%                |
| Class ID C000088779 | -3.99%               | 6.54%                | 4.39%                |
| Class ID C000088780 | -4.02%               | 6.54%                | 4.36%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-62611.92               | $-3745505.93                               |
| Month 2  | $-645794.13              | $6382569.93                                |
| Month 3  | $20.98                   | $4119886.70                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OMNIAB OPERATIONS INC                     | OmniAb Operations Inc                    | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1403 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| OMNIAB OPERATIONS INC                     | Omniab Inc/old                           | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1403 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| OUTFRONT MEDIA INC                        | Outfront Media Inc                       | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     88552 | NS      | $1445168.64   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF ENERGY INC                            | PBF Energy Inc                           | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     52123 | NS      | $1129505.41   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIFIC PREMIER BANCORP INC               | Pacific Premier Bancorp Inc              | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |     79635 | NS      | $1679502.15   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERSON-UTI ENERGY INC.                 | Patterson-UTI Energy Inc                 | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    188959 | NS      | $1120526.87   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                               | Popular Inc                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     30253 | NS      | $3334183.13   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMP            | Portland General Electric Co             | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     60410 | NS      | $2454458.30   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMORIS SERVICES CORP                    | Primoris Services Corp                   | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     34709 | NS      | $2705219.46   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG HOLDINGS INC                         | PROG Holdings Inc                        | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     46958 | NS      | $1378217.30   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GRP INC                            | Radian Group Inc                         | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     80291 | NS      | $2892081.82   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP                        | Regal Rexnord Corp                       | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     11995 | NS      | $1738795.20   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY CO                              | SM Energy Co                             | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     47384 | NS      | $1170858.64   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE REIT INC                | Sabra Health Care REIT Inc               | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    115331 | NS      | $2126703.64   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORP              | Six Flags Entertainment Corp             | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |     50148 | NS      | $1526003.64   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWARD SPECIALTY INSURANCE GROUP INC     | Skyward Specialty Insurance Group Inc    | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     37785 | NS      | $2183595.15   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCK YARDS BANCORP INC                   | Stock Yards Bancorp Inc                  | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |     42407 | NS      | $3349304.86   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP                     | Tenet Healthcare Corp                    | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     13836 | NS      | $2435136.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ROADHOUSE INC                       | Texas Roadhouse Inc                      | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     13153 | NS      | $2465003.73   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGHT INC                                | Alight Inc                               | CUSIP: 01626W101<br>LEI: 2549002GDSJCKYY96752 | Long             | EC               | CORP              | US        |    312726 | NS      | $1770029.16   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI INC                                   | ATI Inc                                  | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     35246 | NS      | $3043139.64   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINANCIAL GROUP INC                   | CNO Financial Group Inc                  | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     69171 | NS      | $2668617.18   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEMOURS COMPANY                          | Chemours Co/The                          | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |    184131 | NS      | $2108299.95   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND             | COLUMBIA SHORT TERM CASH FUND            | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   3846648 | NS      | $3845878.95   | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED CORP                               | CONMED Corp                              | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     20557 | NS      | $1070608.56   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CYTOKINETICS INCORPORATED                 | Cytokinetics Inc                         | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |     18588 | NS      | $614147.52    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTREME NETWORKS INC                      | Extreme Networks Inc                     | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |    132363 | NS      | $2375915.85   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST IND REALTY TRUST INC                | First Industrial Realty Trust Inc        | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19703 | NS      | $948305.39    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GAMING AND LEISURE PROPERTIES INC         | Gaming and Leisure Properties Inc        | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     26636 | NS      | $1243368.48   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HANOVER INSURANCE GROUP INC               | Hanover Insurance Group Inc/The          | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     15995 | NS      | $2717070.65   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGER HOLDINGS CORP                     | Integer Holdings Corp                    | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      9477 | NS      | $1165386.69   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                   | KB Home                                  | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     33639 | NS      | $1781857.83   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KEMPER CORP                               | Kemper Corp                              | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     43594 | NS      | $2813556.76   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC  | Knight-Swift Transportation Holdings Inc | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29446 | NS      | $1302396.58   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KONTOOR BRANDS INC                        | Kontoor Brands Inc                       | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     39388 | NS      | $2598426.36   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KRATOS DEFENSE AND SECURITY SOLUTIONS INC | Kratos Defense & Security Solutions Inc  | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     59095 | NS      | $2744962.75   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| KULICKE & SOFFA IND INC.                  | Kulicke & Soffa Industries Inc           | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |     28375 | NS      | $981775.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| LAZARD INC                                | Lazard Inc                               | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |     36745 | NS      | $1763025.10   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| LIGAND PHARMACEUTICALS INC                | Ligand Pharmaceuticals Inc               | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      9498 | NS      | $1079732.64   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC   | MACOM Technology Solutions Holdings Inc  | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22020 | NS      | $3155245.80   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MINERALS TECH INC.                        | Minerals Technologies Inc                | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     22299 | NS      | $1228005.93   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY OIL CORP                           | Murphy Oil Corp                          | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     47384 | NS      | $1066140.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I GLASS INC                             | O-I Glass Inc                            | CUSIP: 67098H104<br>LEI: 213800PXY6M8SANLLB49 | Long             | EC               | CORP              | US        |    108244 | NS      | $1595516.56   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| OCEANFIRST FINL CORP.                     | OceanFirst Financial Corp                | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84388 | NS      | $1486072.68   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VIAVI SOLUTIONS INC                       | Viavi Solutions Inc                      | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    232507 | NS      | $2341345.49   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORP                              | Visteon Corp                             | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     18956 | NS      | $1768594.80   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ZURN ELKAY WATER SOLUTIONS CORP           | Zurn Elkay Water Solutions Corp          | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     64394 | NS      | $2354888.58   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVANOVA PLC                              | LivaNova PLC                             | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     39229 | NS      | $1766089.58   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE HOSPITALITY REIT INC                | Apple Hospitality REIT Inc               | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     94771 | NS      | $1105977.57   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION BANKSHARES CORP                     | Atlantic Union Bankshares Corp           | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66339 | NS      | $2075083.92   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMUS FILTRATION TECHNOLOGIES INC         | Atmus Filtration Technologies Inc        | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55498 | NS      | $2021237.16   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| AXOS FINANCIAL INC                        | Axos Financial Inc                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     55316 | NS      | $4206228.64   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NOMAD FOODS LTD                           | Nomad Foods Ltd                          | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    113659 | NS      | $1931066.41   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-23

**Name of Applicant:** Columbia Funds Variable Series Trust II

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer