# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001145549-23-009119
**Filing Date:** 2023-2
**Character Count:** 23464
**Document Hash:** 66f1e0a2783543042719611678601e58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-009119.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001145549-23-009119

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032
- **IRS NUMBER:** 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:** 23663092

**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:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $97320391.90

**Total Liabilities:** $76811.82

**Net Assets:** $97243580.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055689 | 12.28%               | 2.73%                | -5.86%               |
| Class ID C000088779 | 12.28%               | 2.73%                | -5.83%               |
| Class ID C000088780 | 12.26%               | 2.71%                | -5.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $267.83                  | $10958035.26                               |
| Month 2  | $45.60                   | $2707394.39                                |
| Month 3  | $66.39                   | $-6293135.45                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RADIAN GRP INC                           | Radian Group Inc                         | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    134721 | NS      | $2569129.47   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP                       | Regal Beloit Corp                        | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     12657 | NS      | $1518586.86   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT CORP             | Six Flags Entertainment Corp             | CUSIP: 83001A102<br>LEI: 549300JYTDUAA4JQ3717 | Long             | EC               | CORP              | US        |     62759 | NS      | $1459146.75   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRIT AIRLINES INC                      | Spirit Airlines Inc                      | CUSIP: 848577102<br>LEI: 549300DCAFIXFNFR3304 | Long             | EC               | CORP              | US        |     48658 | NS      | $947857.84    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCK YARDS BANCORP INC                  | Stock Yards Bancorp Inc                  | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |     31733 | NS      | $2062010.34   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT MATERIALS INC                     | Summit Materials Inc                     | CUSIP: 86614U100<br>LEI: 549300XNOLX5GIOSO108 | Long             | EC               | CORP              | US        |     70748 | NS      | $2008524.51   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNEOS HEALTH INC                        | Syneos Health Inc                        | CUSIP: 87166B102<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | EC               | CORP              | US        |     32791 | NS      | $1202773.88   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE AND DATA SYSTEMS INC           | Telephone and Data Systems Inc           | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88747 | NS      | $930956.03    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HLTHCR CORP                        | Tenet Healthcare Corp                    | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     29000 | NS      | $1414910.00   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ROADHOUSE INC                      | Texas Roadhouse Inc                      | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     25239 | NS      | $2295487.05   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| VIAVI SOLUTIONS INC                      | Viavi Solutions Inc                      | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    132200 | NS      | $1389422.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORP                             | Visteon Corp                             | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     20000 | NS      | $2616600.00   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC                    | Waste Connections Inc                    | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     14068 | NS      | $1864854.08   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ZURN ELKAY WATER SOLUTIONS CORP          | Zurn Water Solutions Corp                | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     56768 | NS      | $1200643.20   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVANOVA PLC                             | LivaNova PLC                             | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     24656 | NS      | $1369394.24   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NOMAD FOODS LTD                          | Nomad Foods Ltd                          | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |     79968 | NS      | $1378648.32   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI INC                                  | Allegheny Technologies Inc               | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     80752 | NS      | $2411254.72   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE HOSPITALITY REIT INC               | Apple Hospitality REIT Inc               | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    130000 | NS      | $2051400.00   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AXOS FINANCIAL INC                       | Axos Financial Inc                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     73369 | NS      | $2804163.18   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOM ENERGY CORPORATION                 | Bloom Energy Corp                        | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     42700 | NS      | $816424.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINANCIAL GROUP INC                  | CNO Financial Group Inc                  | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     72987 | NS      | $1667752.95   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI INTL INC                            | CACI International Inc                   | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      5487 | NS      | $1649337.33   | 1.70%             |  |  |  | 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        |   3776823 | NS      | $3775689.70   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED CORP (PRE-MERGER)                 | CONMED Corp                              | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     21691 | NS      | $1922690.24   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CURTISS-WRIGHT CORPORATION               | Curtiss-Wright Corp                      | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     16898 | NS      | $2821797.02   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                 | Devon Energy Corp                        | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     35054 | NS      | $2156171.54   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM SYSTEMS INC                         | EPAM Systems Inc                         | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |      3175 | NS      | $1040574.50   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTREME NETWORKS INC                     | Extreme Networks Inc                     | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |    218400 | NS      | $3998904.00   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HAWAIIAN INC                       | First Hawaiian Inc                       | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     71929 | NS      | $1873031.16   | 1.93%             |  |  |  | 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        |     31733 | NS      | $1531434.58   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GAMING AND LEISURE PROPERTIES INC        | Gaming and Leisure Properties Inc        | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     37990 | NS      | $1978899.10   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/The          | Hanover Insurance Group Inc/The          | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     16876 | NS      | $2280453.88   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC                | Huntington Bancshares Inc/OH             | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    136580 | NS      | $1925778.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT INC                                  | ITT Inc                                  | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     23098 | NS      | $1873247.80   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| IHEARTMEDIA INC                          | iHeartMedia Inc                          | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96778 | NS      | $593249.14    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                  | KB Home                                  | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     35494 | NS      | $1130483.90   | 1.16%             |  |  |  | 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        |     46902 | NS      | $2458133.82   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| KONTOOR BRANDS INC                       | Kontoor Brands Inc                       | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     37022 | NS      | $1480509.78   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KULICKE & SOFFA IND INC.                 | Kulicke & Soffa Industries Inc           | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |     34577 | NS      | $1530378.02   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LADDER CAPITAL CORP                      | Ladder Capital Corp                      | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |     70273 | NS      | $705540.92    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| LIGAND PHARMACEUTICALS INC               | Ligand Pharmaceuticals Inc               | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      3702 | NS      | $247293.60    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LINCOLN NATIONAL CORPORATION             | Lincoln National Corp                    | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     33108 | NS      | $1017077.76   | 1.05%             |  |  |  | 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        |     40000 | NS      | $2519200.00   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MINERALS TECH INC.                       | Minerals Technologies Inc                | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     23531 | NS      | $1428802.32   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I GLASS INC                            | O-I Glass Inc                            | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142884 | NS      | $2367587.88   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp                | OceanFirst Financial Corp                | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89044 | NS      | $1892185.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC                               | OmniAb Inc                               | CUSIP: 68218J103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18140 | NS      | $65304.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Omniab Inc/old                           | Omniab Inc/old                           | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1403 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Omniab Inc/old                           | 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: 69007J106<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     90000 | NS      | $1492200.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIFIC PREMIER BANCORP INC              | Pacific Premier Bancorp Inc              | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |     84030 | NS      | $2651986.80   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERSON-UTI ENERGY INC.                | Patterson-UTI Energy Inc                 | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    149387 | NS      | $2515677.08   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PENN ENTERTAINMENT INC                   | Penn National Gaming Inc                 | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17536 | NS      | $520819.20    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PHYSICIANS REALTY TRUST                  | Physicians Realty Trust                  | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |    113467 | NS      | $1641867.49   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                              | Popular Inc                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     31922 | NS      | $2117067.04   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMP           | Portland General Electric Co             | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     39897 | NS      | $1954953.00   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMORIS SERVICES CORP                   | Primoris Services Corp                   | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     70573 | NS      | $1548371.62   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG HOLDINGS INC                        | Aaron's Holdings Co Inc                  | CUSIP: 000000000<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     29618 | NS      | $500248.02    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

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

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer