# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001410368-26-055060
**Filing Date:** 2026-5
**Character Count:** 34618
**Document Hash:** ce3bd21a6029fc1f07e7fcc86060f3d8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055060.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055060

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**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:** 261033056

**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 - Cornerstone Equity Fund (Series ID: S000060079)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000196698 | Columbia Variable Portfolio - Cornerstone Equity Fund Class 1 |  |
| C000196699 | Columbia Variable Portfolio - Cornerstone Equity Fund Class 2 |  |

## Nport-Ex

![](imgfc0d08f31.jpg)

Columbia Variable Portfolio – Cornerstone Equity Fund

**First Quarter Report**

March 31, 2026 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Variable Portfolio – Cornerstone Equity Fund, March 31, 2026 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Common Stocks 99.1%** | **Common Stocks 99.1%** | **Common Stocks 99.1%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 10.7%** | **Communication Services 10.7%** | **Communication Services 10.7%** |
| **Diversified Telecommunication Services 1.8%** | **Diversified Telecommunication Services 1.8%** | **Diversified Telecommunication Services 1.8%** |
| AT&T, Inc. | &nbsp;&nbsp; 1870028 | &nbsp;&nbsp; 54212112 |
| **Interactive Media & Services 8.9%** | **Interactive Media & Services 8.9%** | **Interactive Media & Services 8.9%** |
| Alphabet, Inc., Class C | &nbsp;&nbsp; 651256 | &nbsp;&nbsp; 186819296 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp; 147786 | &nbsp;&nbsp; 84552804 |
| Total |  | &nbsp;&nbsp; 271372100 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **325584212** |
| **Consumer Discretionary 10.2%** | **Consumer Discretionary 10.2%** | **Consumer Discretionary 10.2%** |
| **Automobiles 1.1%** | **Automobiles 1.1%** | **Automobiles 1.1%** |
| General Motors Co. | &nbsp;&nbsp; 458334 | &nbsp;&nbsp; 34145883 |
| **Broadline Retail 4.4%** | **Broadline Retail 4.4%** | **Broadline Retail 4.4%** |
| Amazon.com, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 644654 | &nbsp;&nbsp; 134262089 |
| **Hotels, Restaurants & Leisure 2.1%** | **Hotels, Restaurants & Leisure 2.1%** | **Hotels, Restaurants & Leisure 2.1%** |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp; 94004 | &nbsp;&nbsp; 28584736 |
| Royal Caribbean Cruises Ltd. | &nbsp;&nbsp; 123239 | &nbsp;&nbsp; 33912908 |
| Total |  | &nbsp;&nbsp; 62497644 |
| **Specialty Retail 2.6%** | **Specialty Retail 2.6%** | **Specialty Retail 2.6%** |
| Gap, Inc. (The) | &nbsp;&nbsp; 1406234 | &nbsp;&nbsp; 34030863 |
| TJX Companies, Inc. (The) | &nbsp;&nbsp; 276368 | &nbsp;&nbsp; 44135969 |
| Total |  | &nbsp;&nbsp; 78166832 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **309072448** |
| **Consumer Staples 4.0%** | **Consumer Staples 4.0%** | **Consumer Staples 4.0%** |
| **Consumer Staples Distribution & Retail 2.0%** | **Consumer Staples Distribution & Retail 2.0%** | **Consumer Staples Distribution & Retail 2.0%** |
| Walmart, Inc. | &nbsp;&nbsp; 488335 | &nbsp;&nbsp; 60690274 |
| **Household Products 2.0%** | **Household Products 2.0%** | **Household Products 2.0%** |
| Colgate-Palmolive Co. | &nbsp;&nbsp; 308068 | &nbsp;&nbsp; 26256635 |
| Procter & Gamble Co. (The) | &nbsp;&nbsp; 241238 | &nbsp;&nbsp; 34844417 |
| Total |  | &nbsp;&nbsp; 61101052 |
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **121791326** |
| **Energy 1.6%** | **Energy 1.6%** | **Energy 1.6%** |
| **Oil, Gas & Consumable Fuels 1.6%** | **Oil, Gas & Consumable Fuels 1.6%** | **Oil, Gas & Consumable Fuels 1.6%** |
| Valero Energy Corp. | &nbsp;&nbsp; 195151 | &nbsp;&nbsp; 48217909 |
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **48217909** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Financials 14.3%** | **Financials 14.3%** | **Financials 14.3%** |
| **Banks 6.6%** | **Banks 6.6%** | **Banks 6.6%** |
| Bank of America Corp. | &nbsp;&nbsp; 1116824 | &nbsp;&nbsp; 54445170 |
| Citigroup, Inc. | &nbsp;&nbsp; 507366 | &nbsp;&nbsp; 57540378 |
| JPMorgan Chase & Co. | &nbsp;&nbsp; 302414 | &nbsp;&nbsp; 88958102 |
| Total |  | &nbsp;&nbsp; 200943650 |
| **Capital Markets 3.4%** | **Capital Markets 3.4%** | **Capital Markets 3.4%** |
| Charles Schwab Corp. (The) | &nbsp;&nbsp; 573594 | &nbsp;&nbsp; 53906364 |
| Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp; 60182 | &nbsp;&nbsp; 50913370 |
| Total |  | &nbsp;&nbsp; 104819734 |
| **Financial Services 2.1%** | **Financial Services 2.1%** | **Financial Services 2.1%** |
| MasterCard, Inc., Class A | &nbsp;&nbsp; 126539 | &nbsp;&nbsp; 63226477 |
| **Insurance 2.2%** | **Insurance 2.2%** | **Insurance 2.2%** |
| Chubb Ltd. | &nbsp;&nbsp; 206424 | &nbsp;&nbsp; 67279775 |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **436269636** |
| **Health Care 11.4%** | **Health Care 11.4%** | **Health Care 11.4%** |
| **Biotechnology 3.8%** | **Biotechnology 3.8%** | **Biotechnology 3.8%** |
| AbbVie, Inc. | &nbsp;&nbsp; 232909 | &nbsp;&nbsp; 50655378 |
| Insmed, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 111803 | &nbsp;&nbsp; 18282027 |
| Revolution Medicines, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 167301 | &nbsp;&nbsp; 16270022 |
| Vertex Pharmaceuticals, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 71546 | &nbsp;&nbsp; 31948151 |
| Total |  | &nbsp;&nbsp; 117155578 |
| **Health Care Equipment & Supplies 1.7%** | **Health Care Equipment & Supplies 1.7%** | **Health Care Equipment & Supplies 1.7%** |
| Boston Scientific Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 352171 | &nbsp;&nbsp; 22098730 |
| Intuitive Surgical, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 62709 | &nbsp;&nbsp; 28908222 |
| Total |  | &nbsp;&nbsp; 51006952 |
| **Health Care Providers & Services 0.6%** | **Health Care Providers & Services 0.6%** | **Health Care Providers & Services 0.6%** |
| Cencora, Inc. | &nbsp;&nbsp; 56935 | &nbsp;&nbsp; 17885561 |
| **Life Sciences Tools & Services 1.6%** | **Life Sciences Tools & Services 1.6%** | **Life Sciences Tools & Services 1.6%** |
| Danaher Corp. | &nbsp;&nbsp; 179492 | &nbsp;&nbsp; 34031683 |
| Illumina, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 123352 | &nbsp;&nbsp; 15204368 |
| Total |  | &nbsp;&nbsp; 49236051 |

---

Columbia Variable Portfolio – Cornerstone Equity Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Cornerstone Equity Fund, March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Pharmaceuticals 3.7%** | **Pharmaceuticals 3.7%** | **Pharmaceuticals 3.7%** |
| Eli Lilly & Co. | &nbsp;&nbsp; 71509 | &nbsp;&nbsp; 65771833 |
| Merck & Co., Inc. | &nbsp;&nbsp; 383281 | &nbsp;&nbsp; 46104871 |
| Total |  | &nbsp;&nbsp; 111876704 |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **347160846** |
| **Industrials 10.4%** | **Industrials 10.4%** | **Industrials 10.4%** |
| **Aerospace & Defense 2.3%** | **Aerospace & Defense 2.3%** | **Aerospace & Defense 2.3%** |
| General Dynamics Corp. | &nbsp;&nbsp; 141813 | &nbsp;&nbsp; 48673058 |
| Karman Holdings, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 274746 | &nbsp;&nbsp; 21993417 |
| Total |  | &nbsp;&nbsp; 70666475 |
| **Commercial Services & Supplies 2.2%** | **Commercial Services & Supplies 2.2%** | **Commercial Services & Supplies 2.2%** |
| Cintas Corp. | &nbsp;&nbsp; 197675 | &nbsp;&nbsp; 33434749 |
| Republic Services, Inc. | &nbsp;&nbsp; 156493 | &nbsp;&nbsp; 34275097 |
| Total |  | &nbsp;&nbsp; 67709846 |
| **Electrical Equipment 2.3%** | **Electrical Equipment 2.3%** | **Electrical Equipment 2.3%** |
| Eaton Corp. PLC | &nbsp;&nbsp; 103053 | &nbsp;&nbsp; 36858967 |
| Vertiv Holdings Co. | &nbsp;&nbsp; 124609 | &nbsp;&nbsp; 31224523 |
| Total |  | &nbsp;&nbsp; 68083490 |
| **Ground Transportation 1.8%** | **Ground Transportation 1.8%** | **Ground Transportation 1.8%** |
| CSX Corp. | &nbsp;&nbsp; 1351386 | &nbsp;&nbsp; 55474395 |
| **Machinery 1.8%** | **Machinery 1.8%** | **Machinery 1.8%** |
| Parker-Hannifin Corp. | &nbsp;&nbsp; 60441 | &nbsp;&nbsp; 54109201 |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **316043407** |
| **Information Technology 29.9%** | **Information Technology 29.9%** | **Information Technology 29.9%** |
| **Electronic Equipment, Instruments & Components 1.5%** | **Electronic Equipment, Instruments & Components 1.5%** | **Electronic Equipment, Instruments & Components 1.5%** |
| TE Connectivity PLC | &nbsp;&nbsp; 213780 | &nbsp;&nbsp; 44684296 |
| **Semiconductors & Semiconductor Equipment 14.6%** | **Semiconductors & Semiconductor Equipment 14.6%** | **Semiconductors & Semiconductor Equipment 14.6%** |
| Broadcom, Inc. | &nbsp;&nbsp; 358684 | &nbsp;&nbsp; 111016285 |
| Lam Research Corp. | &nbsp;&nbsp; 147430 | &nbsp;&nbsp; 31499894 |
| Micron Technology, Inc. | &nbsp;&nbsp; 105355 | &nbsp;&nbsp; 35593133 |
| NVIDIA Corp. | &nbsp;&nbsp; 1520201 | &nbsp;&nbsp; 265123054 |
| Total |  | &nbsp;&nbsp; 443232366 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Software 8.9%** | **Software 8.9%** | **Software 8.9%** |
| Microsoft Corp. | &nbsp;&nbsp; 503291 | &nbsp;&nbsp; 186303230 |
| Palo Alto Networks, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 393167 | &nbsp;&nbsp; 63032533 |
| ServiceNow, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 204567 | &nbsp;&nbsp; 21387480 |
| Total |  | &nbsp;&nbsp; 270723243 |
| **Technology Hardware, Storage & Peripherals 4.9%** | **Technology Hardware, Storage & Peripherals 4.9%** | **Technology Hardware, Storage & Peripherals 4.9%** |
| Apple, Inc. | &nbsp;&nbsp; 588557 | &nbsp;&nbsp; 149369881 |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **908009786** |
| **Real Estate 2.2%** | **Real Estate 2.2%** | **Real Estate 2.2%** |
| **Specialized REITs 2.2%** | **Specialized REITs 2.2%** | **Specialized REITs 2.2%** |
| Equinix, Inc. | &nbsp;&nbsp; 69403 | &nbsp;&nbsp; 68031597 |
| **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **68031597** |
| **Utilities 4.4%** | **Utilities 4.4%** | **Utilities 4.4%** |
| **Electric Utilities 1.5%** | **Electric Utilities 1.5%** | **Electric Utilities 1.5%** |
| Entergy Corp. | &nbsp;&nbsp; 411897 | &nbsp;&nbsp; 46280747 |
| **Multi-Utilities 2.9%** | **Multi-Utilities 2.9%** | **Multi-Utilities 2.9%** |
| Ameren Corp. | &nbsp;&nbsp; 394264 | &nbsp;&nbsp; 43337499 |
| DTE Energy Co. | &nbsp;&nbsp; 305130 | &nbsp;&nbsp; 44616109 |
| Total |  | &nbsp;&nbsp; 87953608 |
| **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **134234355** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,786,182,308) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,786,182,308) | &nbsp;&nbsp; **3014415522** |
| **Money Market Funds 0.9%** | **Money Market Funds 0.9%** | **Money Market Funds 0.9%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 3.790%<sup>(b),(c)</sup> <br>| &nbsp;&nbsp; 25621496 | &nbsp;&nbsp; 25611248 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $25,612,684) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $25,612,684) | &nbsp;&nbsp; **25611248** |
| **Total Investments in Securities** <br>**(Cost: $1,811,794,992)** | **Total Investments in Securities** <br>**(Cost: $1,811,794,992)** | &nbsp;&nbsp; **3040026770** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **1491762** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **3041518532** |

---

Columbia Variable Portfolio – Cornerstone Equity Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Cornerstone Equity Fund, March 31, 2026 (Unaudited)

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The rate shown is the seven-day current annualized yield at March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended March 31, 2026 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% |
|  | 10439635 | &nbsp;&nbsp; 152585455 | &nbsp;&nbsp; (137411737)<br>| &nbsp;&nbsp; (2105)<br>| &nbsp;&nbsp; 25611248 | &nbsp;&nbsp; 4805 | &nbsp;&nbsp; 238977 | &nbsp;&nbsp; 25621496 |

---

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Columbia Variable Portfolio – Cornerstone Equity Fund \| 2026

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You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT7071_(05/26)

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## 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:** 02210

  - **Telephone number:** 1800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Select Large Cap Equity Fund

- **b. EDGAR series identifier (if any):** S000060079

- **c. LEI of Series:** 5493009NIHICHA98JS47

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $3041890755.94

**Total Liabilities:** $234792.10

**Net Assets:** $3041655963.84

**Cash Not Reported:** $170812.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196698 | 0.67%                | -2.07%               | -4.71%               |
| Class ID C000196699 | 0.64%                | -2.07%               | -4.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $81029192.87             | $-59635724.51                              |
| Month 2  | $-1418909.77             | $-67427438.69                              |
| Month 3  | $41101787.30             | $-193428578.72                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T Inc                      | AT&T Inc                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   1870028 | NS      | $54212111.72  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                    | AbbVie Inc                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    232909 | NS      | $50655378.41  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                  | Alphabet Inc                  | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    651256 | NS      | $186819296.16 | 6.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                | Amazon.com Inc                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    644654 | NS      | $134262088.58 | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                   | Ameren Corp                   | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    394264 | NS      | $43337498.88  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                   | Cencora Inc                   | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     56935 | NS      | $17885560.90  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                     | Apple Inc                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    588557 | NS      | $149369881.03 | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp          | Bank of America Corp          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1116824 | NS      | $54445170.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp        | Boston Scientific Corp        | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    352171 | NS      | $22098730.25  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                  | Broadcom Inc                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    358684 | NS      | $111016284.84 | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                      | CSX Corp                      | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |   1351386 | NS      | $55474395.30  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                   | Cintas Corp                   | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197675 | NS      | $33434749.50  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                 | Citigroup Inc                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    507366 | NS      | $57540378.06  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co          | Colgate-Palmolive Co          | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    308068 | NS      | $26256635.64  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND | COLUMBIA SHORT TERM CASH FUND | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  25621496 | NS      | $25611247.90  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                 | DTE Energy Co                 | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    305130 | NS      | $44616108.60  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                  | Danaher Corp                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    179492 | NS      | $34031683.20  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                  | Entergy Corp                  | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    411897 | NS      | $46280746.92  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                   | Equinix Inc                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |     69403 | NS      | $68031596.72  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc            | Meta Platforms Inc            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    147786 | NS      | $84552804.18  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                   | Gap Inc/The                   | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |   1406234 | NS      | $34030862.80  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp         | General Dynamics Corp         | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |    141813 | NS      | $48673057.86  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co             | General Motors Co             | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    458334 | NS      | $34145883.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The   | Goldman Sachs Group Inc/The   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     60182 | NS      | $50913370.18  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc | Hilton Worldwide Holdings Inc | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     94004 | NS      | $28584736.32  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                  | Illumina Inc                  | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |    123352 | NS      | $15204367.52  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                    | Insmed Inc                    | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    111803 | NS      | $18282026.56  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc        | Intuitive Surgical Inc        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     62709 | NS      | $28908221.91  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co           | JPMorgan Chase & Co           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    302414 | NS      | $88958102.24  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc           | Karman Holdings Inc           | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    274746 | NS      | $21993417.30  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp             | Lam Research Corp             | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    147430 | NS      | $31499893.80  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                | Eli Lilly & Co                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     71509 | NS      | $65771832.93  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                | Mastercard Inc                | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    126539 | NS      | $63226476.74  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                | Merck & Co Inc                | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    383281 | NS      | $46104871.49  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                | Microsoft Corp                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    503291 | NS      | $186303229.47 | 6.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc         | Micron Technology Inc         | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    105355 | NS      | $35593133.20  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                   | NVIDIA Corp                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1520201 | NS      | $265123054.40 | 8.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc        | Palo Alto Networks Inc        | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    393167 | NS      | $63032533.44  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp          | Parker-Hannifin Corp          | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     60441 | NS      | $54109200.84  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The       | Procter & Gamble Co/The       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    241238 | NS      | $34844416.72  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc         | Republic Services Inc         | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    156493 | NS      | $34275096.86  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc      | Revolution Medicines Inc      | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |    167301 | NS      | $16270022.25  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The       | Charles Schwab Corp/The       | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    573594 | NS      | $53906364.12  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                | ServiceNow Inc                | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    204567 | NS      | $21387479.85  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The               | TJX Cos Inc/The               | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    276368 | NS      | $44135969.60  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp            | Valero Energy Corp            | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    195151 | NS      | $48217909.08  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc    | Vertex Pharmaceuticals Inc    | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     71546 | NS      | $31948150.84  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co            | Vertiv Holdings Co            | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    124609 | NS      | $31224523.22  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                   | Walmart Inc                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    488335 | NS      | $60690273.80  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                | Eaton Corp PLC                | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |    103053 | NS      | $36858966.51  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC           | TE Connectivity PLC           | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |    213780 | NS      | $44684295.60  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                     | Chubb Ltd                     | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    206424 | NS      | $67279774.32  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd   | Royal Caribbean Cruises Ltd   | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |    123239 | NS      | $33912908.02  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

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

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager