# EDGAR Filing Document

**Accession Number:** 0001981627
**File Stem:** 0001752724-25-205898
**Filing Date:** 2025-8
**Character Count:** 15939
**Document Hash:** 5981b2d91e0a4214ab80523ba0194420
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205898.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205898

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 2023 ETF Series Trust II
- **CENTRAL INDEX KEY:** 0001981627

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23895
- **FILM NUMBER:** 251257024

**BUSINESS ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **STREET 2:** SUITE 100
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 212-309-6231

**MAIL ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **STREET 2:** SUITE 100
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

## Series and Classes Contracts Data

### GMO U.S. Quality ETF (Series ID: S000082992)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000246461 | GMO U.S. Quality ETF | QLTY            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 2023 ETF Series Trust II

- **b. Investment Company Act file number:** 811-23895

- **c. CIK number of Registrant:** 0001981627

- **d. LEI of Registrant:** 5299001GULBDPKO8HM33

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

  - **Street Address 1:** Three Canal Plaza

  - **City:** Portland

  - **State:** ME

  - **Foreign country:** US

  - **Zip / Postal Code:** 04101

  - **Telephone number:** 614-416-9058

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

- **a. Name of Series:** GMO U.S. Quality ETF

- **b. EDGAR series identifier (if any):** S000082992

- **c. LEI of Series:** 529900AWFVABQJK0I292

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

- **a. Date of fiscal year-end:** 2025-06-30

- **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:** $2001097569.81

**Total Liabilities:** $785746.42

**Net Assets:** $2000311823.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246461 | -1.24%               | 5.04%                | 5.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3251632.51             | $-17248972.40                              |
| Month 2  | $10145118.12             | $76067923.37                               |
| Month 3  | $4061552.64              | $100744902.41                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Salesforce Inc                | Salesforce Inc                                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    236017 | NS      | $64359475.73  | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                 | Accenture PLC                                         | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    207516 | NS      | $62024457.24  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc    | Mondelez International Inc                            | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    567898 | NS      | $38299041.12  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson             | Johnson & Johnson                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    465652 | NS      | $71128343.00  | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc        | UnitedHealth Group Inc                                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    129213 | NS      | $40310579.61  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors  | State Street Institutional Treasury Money Market Fund | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |  12835158 | NS      | $12835157.71  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co              | Wells Fargo & Co                                      | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    567336 | NS      | $45454960.32  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc | Hilton Worldwide Holdings Inc                         | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    206733 | NS      | $55061267.22  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc          | Tradeweb Markets Inc                                  | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80200 | NS      | $11741280.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc  | Thermo Fisher Scientific Inc                          | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    111510 | NS      | $45212844.60  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc         | Uber Technologies Inc                                 | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    336368 | NS      | $31383134.40  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp             | Brown-Forman Corp                                     | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |    615077 | NS      | $16551722.07  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                       | Aramark                                               | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |   1261291 | NS      | $52810254.17  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc         | Texas Instruments Inc                                 | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    323278 | NS      | $67118978.36  | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                  | Alphabet Inc                                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    480589 | NS      | $84694199.47  | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                      | Visa Inc                                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    156276 | NS      | $55485793.80  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc           | Elevance Health Inc                                   | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    120645 | NS      | $46926079.20  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp             | Lam Research Corp                                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    798159 | NS      | $77692797.06  | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The       | Procter & Gamble Co/The                               | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    359750 | NS      | $57315370.00  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                | Microsoft Corp                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    329414 | NS      | $163853817.74 | 8.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc      | Constellation Brands Inc                              | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    265639 | NS      | $43214152.52  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The               | Cigna Group/The                                       | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     88136 | NS      | $29135998.88  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The              | Coca-Cola Co/The                                      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    424412 | NS      | $30027149.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The               | TJX Cos Inc/The                                       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    240107 | NS      | $29650813.43  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc        | Intuitive Surgical Inc                                | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     66211 | NS      | $35979719.51  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                  | Broadcom Inc                                          | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    345933 | NS      | $95356431.45  | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                    | US Bancorp                                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    979146 | NS      | $44306356.50  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories           | Abbott Laboratories                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    585843 | NS      | $79680506.43  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co           | General Electric Co                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    152540 | NS      | $39262270.60  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc            | Meta Platforms Inc                                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    131202 | NS      | $96838884.18  | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                   | Oracle Corp                                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    477136 | NS      | $104316243.68 | 5.21%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                      | KLA Corp                                              | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     72879 | NS      | $65280635.46  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                     | Apple Inc                                             | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    363233 | NS      | $74524514.61  | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                | Merck & Co Inc                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    370633 | NS      | $29339308.28  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc         | Quest Diagnostics Inc                                 | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |    104718 | NS      | $18810494.34  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                | Eli Lilly & Co                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     47018 | NS      | $36651941.54  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                | Amazon.com Inc                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    212833 | NS      | $46693431.87  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-01

**Name of Applicant:** 2023 ETF Series Trust II

**Signature:** Betty Maganzini

**Name of Signer:** Betty Maganzini

**Title:** Treasurer