# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001193125-25-287940
**Filing Date:** 2025-11
**Character Count:** 52141
**Document Hash:** b9c5f22e8f5cf009244a44629e486d11
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-287940.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0001193125-25-287940

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust II
- **CENTRAL INDEX KEY:** 0001587982

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22894
- **FILM NUMBER:** 251498616

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2295

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## Series and Classes Contracts Data

### AXS FTSE Venture Capital Return Tracker Fund (Series ID: S000069733)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000222489 | Class C Shares | LDVCX           |
| C000222490 | Class I Shares | LDVIX           |
| C000222491 | Class A Shares | LDVAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** INVESTMENT MANAGERS SERIES TRUST II

- **b. Investment Company Act file number:** 811-22894

- **c. CIK number of Registrant:** 0001587982

- **d. LEI of Registrant:** 549300SU7ER9OFETRU41

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

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

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

- **a. Name of Series:** AXS FTSE Venture Capital Return Tracker Fund

- **b. EDGAR series identifier (if any):** S000069733

- **c. LEI of Series:** 549300W2M0C1HHKJ9U18

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $113626057.01

**Total Liabilities:** $453436.56

**Net Assets:** $113172620.45

**Cash Not Reported:** $4076.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222489 | -0.77%               | -1.62%               | 6.14%                |
| Class ID C000222490 | -0.66%               | -1.53%               | 6.22%                |
| Class ID C000222491 | -0.71%               | -1.53%               | 6.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $328502.77               | $-533576.15                                |
| Month 2  | $964120.47               | $-1039504.83                               |
| Month 3  | $1074596.35              | $3538378.46                                |

**Designated Index Information**

- **Index Name:** Refinitiv Venture Capital Index

- **Index Identifier:** TRVCI

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CoStar Group Inc                   | CoStar Group, Inc.                           | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |      5867 | NS      | $494998.79    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                        | Corteva, Inc.                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |       908 | NS      | $61408.04     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc      | Martin Marietta Materials, Inc.              | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |        81 | NS      | $51052.68     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp              | Monster Beverage Corp.                       | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |       886 | NS      | $59636.66     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                   | Altria Group, Inc.                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      2009 | NS      | $132714.54    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp            | Marathon Petroleum Corp.                     | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |       244 | NS      | $47028.56     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                     | Merck & Co., Inc.                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       697 | NS      | $58499.21     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                     | Morgan Stanley                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      1200 | NS      | $190752.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp.                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      9381 | NS      | $4858888.95   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                       | MicroStrategy, Inc. - Class A                | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      3413 | NS      | $1099702.73   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc              | Micron Technology, Inc.                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       311 | NS      | $52036.52     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                 | NextEra Energy, Inc.                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       273 | NS      | $20608.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                       | Newmont Corp.                                | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      1484 | NS      | $125116.04    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                     | Cloudflare, Inc.                             | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      3559 | NS      | $763725.81    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                        | Netflix, Inc.                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      3934 | NS      | $4716551.28   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                     | ServiceNow, Inc.                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2897 | NS      | $2666051.16   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                         | Natera, Inc.                                 | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       426 | NS      | $68573.22     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                         | Nucor Corp.                                  | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |       271 | NS      | $36701.53     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                        | NVIDIA Corp.                                 | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      7166 | NS      | $1337032.28   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                          | ONEOK, Inc.                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |       484 | NS      | $35317.48     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                        | Oracle Corp.                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     21021 | NS      | $5911946.04   | 5.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc           | Agilent Technologies, Inc.                   | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |       854 | NS      | $109610.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                          | Apple, Inc.                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4417 | NS      | $1124700.71   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                         | AbbVie, Inc.                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       492 | NS      | $113917.68    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                         | Airbnb, Inc. - Class A                       | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      6406 | NS      | $777816.52    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                | Abbott Laboratories                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      5197 | NS      | $696086.18    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                      | Accenture PLC - Class A                      | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      8801 | NS      | $2170326.60   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc         | Advanced Micro Devices, Inc.                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       451 | NS      | $72967.29     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                          | Amgen, Inc.                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       150 | NS      | $42330.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com, Inc.                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       913 | NS      | $200467.41    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                | Arista Networks, Inc.                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |       314 | NS      | $45752.94     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc     | Air Products and Chemicals, Inc.             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |       277 | NS      | $75543.44     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                      | AppLovin Corp. - Class A                     | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      4302 | NS      | $3091159.08   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile Inc                | AST SpaceMobile, Inc.                        | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |       127 | NS      | $6233.16      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                       | Broadcom, Inc.                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1312 | NS      | $432841.92    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                | American Express Co.                         | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       528 | NS      | $175380.48    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                      | Boeing Co.                                   | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      1076 | NS      | $232233.08    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp               | Bank of America Corp.                        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      6682 | NS      | $344724.38    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BNPP Equity Swap BCKTAXVC   /      | BNPP Equity Swap BCKTAXVC   /                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               |  | US        |   1073011 | NC      | $525552.59    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co              | Becton Dickinson & Co.                       | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |       861 | NS      | $161153.37    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BNPP Equity Swap UA XS2 Basket   / | BNPP Equity Swap UA XS2 Basket   /           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               |  | US        |    165350 | NC      | $2220769.74   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc             | Berkshire Hathaway, Inc. - Class B           | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2586 | NS      | $1300085.64   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp             | Boston Scientific Corp.                      | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      4059 | NS      | $396280.17    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                      | Citigroup, Inc.                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      1727 | NS      | $175290.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                          | Adobe, Inc.                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      5929 | NS      | $2091454.75   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc      | Automatic Data Processing, Inc.              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      5661 | NS      | $1661503.50   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                       | Autodesk, Inc.                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      2995 | NS      | $951421.65    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc              | Applied Materials, Inc.                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       224 | NS      | $45861.76     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                    | Caterpillar, Inc.                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       684 | NS      | $326370.60    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc         | Cadence Design Systems, Inc.                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      3816 | NS      | $1340408.16   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc         | Charter Communications, Inc. - Class A       | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |        67 | NS      | $18432.04     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                    | Cigna Group                                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       855 | NS      | $246453.75    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co               | Colgate-Palmolive Co.                        | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |       975 | NS      | $77941.50     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                       | Comcast Corp. - Class A                      | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      2420 | NS      | $76036.40     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                | Coinbase Global, Inc. - Class A              | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      3111 | NS      | $1049931.39   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                     | ConocoPhillips                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |       981 | NS      | $92792.79     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                        | Cencora, Inc.                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |       544 | NS      | $170016.32    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp              | Costco Wholesale Corp.                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |        39 | NS      | $36099.57     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                         | Copart, Inc.                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     13439 | NS      | $604351.83    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                     | Salesforce, Inc.                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     13510 | NS      | $3201870.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc           | Crowdstrike Holdings, Inc. - Class A         | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      3668 | NS      | $1798713.84   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                  | Cisco Systems, Inc.                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      1109 | NS      | $75877.78     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                    | CVS Health Corp.                             | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      3977 | NS      | $299826.03    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                       | Chevron Corp.                                | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1350 | NS      | $209641.50    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                       | DoorDash, Inc. - Class A                     | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      5369 | NS      | $1460314.31   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                        | Datadog, Inc.                                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      4695 | NS      | $668568.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                         | Deere & Co.                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       372 | NS      | $170100.72    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                       | Danaher Corp.                                | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2121 | NS      | $420509.46    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                         | Dexcom, Inc.                                 | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      1162 | NS      | $78190.98     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                           | eBay, Inc.                                   | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      6552 | NS      | $595904.40    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                         | Ecolab, Inc.                                 | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       358 | NS      | $98041.88     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                | Elevance Health, Inc.                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       678 | NS      | $219075.36    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                  | EOG Resources, Inc.                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       368 | NS      | $41260.16     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                     | Eaton Corp. PLC                              | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |       591 | NS      | $221181.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp          | Edwards Lifesciences Corp.                   | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      1762 | NS      | $137030.74    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc               | Freeport-McMoRan, Inc.                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      1911 | NS      | $74949.42     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information      | Fidelity National Information Services, Inc. | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |      6977 | NS      | $460063.38    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                       | Fortinet, Inc.                               | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      9445 | NS      | $794135.60    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent     | Frontier Communications Parent, Inc.         | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       141 | NS      | $5266.35      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                | General Electric Co.                         | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1430 | NS      | $430172.60    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc     | GE HealthCare Technologies, Inc.             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |      1168 | NS      | $87716.80     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                     | GE Vernova, Inc.                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |        33 | NS      | $20291.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet, Inc. - Class A                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     22327 | NS      | $5427693.70   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The        | Goldman Sachs Group, Inc.                    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       285 | NS      | $226959.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                 | HCA Healthcare, Inc.                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       559 | NS      | $238245.80    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                 | Home Depot, Inc.                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |        93 | NS      | $37682.67     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc        | Honeywell International, Inc.                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       980 | NS      | $206290.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc              | Robinhood Markets, Inc. - Class A            | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     10796 | NS      | $1545771.28   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                         | Humana, Inc.                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       359 | NS      | $93401.03     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                | International Business Machines Corp.        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     12898 | NS      | $3639299.68   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc             | IDEXX Laboratories, Inc.                     | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       238 | NS      | $152055.82    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB IB MONEY MARKET II   /         | UMB IB MONEY MARKET II   /                   | CUSIP: SF8888627<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    560052 | PA      | $560052.24    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                         | Intuit, Inc.                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      3930 | NS      | $2683836.30   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc             | Intuitive Surgical, Inc.                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      1074 | NS      | $480325.02    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                  | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       671 | NS      | $124416.82    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                | JPMorgan Chase & Co.                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2701 | NS      | $851976.43    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                  | Kinder Morgan, Inc.                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      1521 | NS      | $43059.51     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                   | Coca-Cola Co.                                | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      4953 | NS      | $328482.96    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                      | Kroger Co.                                   | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |       718 | NS      | $48400.38     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc               | Labcorp Holdings, Inc.                       | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       251 | NS      | $72052.06     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                                    | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |       661 | NS      | $313975.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                     | Eli Lilly & Co.                              | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       234 | NS      | $178542.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                | Cheniere Energy, Inc.                        | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |       185 | NS      | $43471.30     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc             | Lumen Technologies, Inc.                     | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |       546 | NS      | $3341.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                     | Mastercard, Inc. - Class A                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      7985 | NS      | $4541947.85   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc         | Mondelez International, Inc. - Class A       | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      1554 | NS      | $97078.38     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                      | Medtronic PLC                                | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      3843 | NS      | $366007.32    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                   | MercadoLibre, Inc.                           | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       638 | NS      | $1490967.72   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms, Inc. - Class A               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      6435 | NS      | $4725735.30   | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc             | Palo Alto Networks, Inc.                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      9309 | NS      | $1895498.58   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                        | PepsiCo, Inc.                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      1649 | NS      | $231585.56    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The            | Procter & Gamble Co.                         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      2817 | NS      | $432832.05    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc          | Palantir Technologies, Inc. - Class A        | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     30334 | NS      | $5533528.28   | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In     | Philip Morris International, Inc.            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1594 | NS      | $258546.80    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                        | Phillips 66                                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       320 | NS      | $43526.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                       | QUALCOMM, Inc.                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       305 | NS      | $50739.80     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                        | ROBLOX Corp. - Class A                       | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8610 | NS      | $1192657.20   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                         | ResMed, Inc.                                 | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |       435 | NS      | $119072.55    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc             | Roper Technologies, Inc.                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      1493 | NS      | $744544.17    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                           | RTX Corp.                                    | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      1788 | NS      | $299186.04    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                      | EchoStar Corp. - Class A                     | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |        80 | NS      | $6108.80      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The            | Sherwin-Williams Co.                         | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |       328 | NS      | $113573.28    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                      | Snowflake, Inc. - Class A                    | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      4944 | NS      | $1115119.20   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                       | Synopsys, Inc.                               | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      2571 | NS      | $1268505.69   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                    | Southern Co.                                 | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |       144 | NS      | $13646.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                     | S&P Global, Inc.                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       462 | NS      | $224860.02    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA              | Spotify Technology S.A.                      | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |      2120 | NS      | $1479760.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                         | STERIS PLC                                   | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       291 | NS      | $72005.04     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                       | Stryker Corp.                                | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      1144 | NS      | $422902.48    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                           | AT&T, Inc.                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      4374 | NS      | $123521.76    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellula     | Millicom International Cellular S.A.         | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |        67 | NS      | $3252.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific, Inc.               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1191 | NS      | $577658.82    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                    | T-Mobile US, Inc.                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |       300 | NS      | $71814.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                          | Tesla, Inc.                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       264 | NS      | $117406.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc              | Texas Instruments, Inc.                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       251 | NS      | $46116.23     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc              | Uber Technologies, Inc.                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     29091 | NS      | $2850045.27   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc             | UnitedHealth Group, Inc.                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2741 | NS      | $946467.30    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                 | Union Pacific Corp.                          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       902 | NS      | $213205.74    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                           | Visa, Inc. - Class A                         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     13513 | NS      | $4613067.94   | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                  | Veeva Systems, Inc. - Class A                | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |       472 | NS      | $140613.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                | Vulcan Materials Co.                         | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |       163 | NS      | $50142.06     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc         | Verizon Communications, Inc.                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      2565 | NS      | $112731.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                        | Workday, Inc. - Class A                      | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      3021 | NS      | $727245.33    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                   | Wells Fargo & Co.                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      2996 | NS      | $251124.72    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The               | Williams Cos., Inc.                          | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       946 | NS      | $59929.10     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                        | Walmart, Inc.                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      5577 | NS      | $574765.62    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                   | Exxon Mobil Corp.                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3400 | NS      | $383350.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-22

**Name of Applicant:** INVESTMENT MANAGERS SERIES TRUST II

**Signature:** /s/ Scott Schulenburg

**Name of Signer:** Scott Schulenburg

**Title:** President