# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001145549-23-013258
**Filing Date:** 2023-2
**Character Count:** 24927
**Document Hash:** 4808b755a726bd7aea00ec58688917e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-013258.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001145549-23-013258

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust II
- **CENTRAL INDEX KEY:** 0001587982
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22894
- **FILM NUMBER:** 23682390

**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

### Sunbridge Capital Emerging Markets Fund (Series ID: S000071987)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000227629 | Institutional Class | RIMIX           |

## Nport-Ex

#### Sunbridge Capital Emerging Markets Fund

#### SCHEDULE OF INVESTMENTS

#### December 31, 2022 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS — 85.4%** |  |
|  | **ARGENTINA — 6.2%** |  |
| 138697 | Despegar.com Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$711516 |
| 1404 | MercadoLibre, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1188121 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1899637** |
|  | **BRAZIL — 3.6%** |  |
| 119300 | Itau Unibanco Holding S.A., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561903 |
| 61062 | Pagseguro Digital, Ltd., Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533682 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1095585** |
|  | **CHINA — 32.9%** |  |
| 159505 | Alibaba Group Holding, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1762514 |
| 12758 | Baidu, Inc., ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459260 |
| 71700 | Dada Nexus, Ltd., ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499749 |
| 500124 | Great Wall Motor Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650985 |
| 179444 | Haier Smart Home Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631385 |
| 66000 | Meituan\*<sup>,1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477189 |
| 61732 | Sunny Optical Technology Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734330 |
| 25400 | Tencent Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1086875 |
| 1152000 | Weimob, Inc.\*<sup>,1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;982938 |
| 14050 | Yum China Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790206 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10075431** |
|  | **HONG KONG — 6.3%** |  |
| 38661 | JD.com, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1090661 |
| 945933 | NagaCorp, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833773 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1924434** |
|  | **INDIA — 15.2%** |  |
| 12500 | Dr Reddy's Laboratories, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646875 |
| 15600 | HDFC Bank, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067196 |
| 57441 | ICICI Bank, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257384 |
| 45993 | Infosys, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828334 |
| 115225 | State Bank of India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854751 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4654540** |
|  | **INDONESIA — 0.5%** |  |
| 433600 | Astra International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**158761** |
|  | **PHILIPPINES — 2.8%** |  |
| 331900 | Ayala Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184241 |
| 85424 | BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162450 |
| 9771826 | Megaworld Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351682 |

---

------

#### Sunbridge Capital Emerging Markets Fund

#### SCHEDULE OF INVESTMENTS - Continued

#### December 31, 2022 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS (Continued)** |  |
|  | **PHILIPPINES (Continued)** |  |
| 67180 | Universal Robina Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$164827 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**863200** |
|  | **SINGAPORE — 2.3%** |  |
| 13425 | Sea, Ltd., ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**698503** |
|  | **SOUTH KOREA — 7.6%** |  |
| 1361 | NAVER Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193563 |
| 1957 | Samsung Electro-Mechanics Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203240 |
| 44013 | Samsung Electronics Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1931873 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2328676** |
|  | **TAIWAN — 8.0%** |  |
|  | Chailease Holding Co., Ltd.<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| 20500 | Elite Material Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114054 |
| 76000 | Hon Hai Precision Industry Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247024 |
| 16500 | Lotus Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132062 |
| 26400 | Taiwan Semiconductor Manufacturing Co., Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1966536 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2459678** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost $28,784,157) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26158445** |

---

---

| | | |
|:---|:---|:---|
| Principal<br> Amount |  |  |
|  | **SHORT-TERM INVESTMENTS — 13.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4132768 | UMB Bank Demand Deposit, 0.01%<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4132768 |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | (Cost $4,132,768) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4132768** |
|  | **TOTAL INVESTMENTS — 98.9%** |  |
|  | (Cost $32,916,925) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30291213** |
|  | Other Assets in Excess of Liabilities — 1.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327140 |
|  | **TOTAL NET ASSETS — 100.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$30618353** |

---

ADR – American Depository Receipt

---

| |
|:---|
| \*Non-income producing security. |
| <sup>1</sup>144A restricted security. As of December 31, 2022, the total market value of such securities was $2,460,127 and represented 8.03% of the Fund's net assets. |
| <sup>2</sup>Amount represents less than 0.5 shares. |
| <sup>3</sup>The rate is the annualized seven-day yield at period end. |

---

*See accompanying Notes to Schedule of Investments*

## 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:** Sunbridge Capital Emerging Markets Fund

- **b. EDGAR series identifier (if any):** S000071987

- **c. LEI of Series:** 549300KQCNM9MLD6M411

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

- **a. Date of fiscal year-end:** 2023-03-31

- **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:** $30889355.90

**Total Liabilities:** $110926.71

**Net Assets:** $30778429.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227629 | -4.79%               | 19.90%               | -2.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3187459.07             | $-5005911.85                               |
| Month 2  | $-24647483.09            | $41889861.91                               |
| Month 3  | $-996822.70              | $349246.02                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Samsung Electronics Co Ltd     | Samsung Electronics Co., Ltd.                     | CUSIP: Y74718100<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     44013 | NS      | $1931873.32   | 6.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electro-Mechanics Co L | Samsung Electro-Mechanics Co., Ltd.               | CUSIP: Y7470U102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1957 | NS      | $203239.91    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp                     | NAVER Corp.                                       | CUSIP: Y62579100<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |      1361 | NS      | $193562.86    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotus Pharmaceutical Co Ltd    | Lotus Pharmaceutical Co., Ltd.                    | CUSIP: Y5335F104<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16500 | NS      | $132062.27    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Weimob Inc                     | Weimob, Inc.                                      | CUSIP: G9T20A106<br>LEI: 254900SW0TNGAGYUTV05 | Long             | EC               | CORP              | CN        |   1152000 | NS      | $982937.67    | 3.19%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co  | Hon Hai Precision Industry Co., Ltd.              | CUSIP: Y36861105<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |     76000 | NS      | $247023.80    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Wall Motor Co Ltd        | Great Wall Motor Co., Ltd., Class H               | CUSIP: Y2882P106<br>LEI: 254900CR8AHWTMFZHH60 | Long             | EC               | CORP              | CN        |    500124 | NS      | $650984.54    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNNY OPTICAL                  | Sunny Optical Technology Group Co., Ltd.          | CUSIP: G8586D109<br>LEI: 3003004QIVP0DFVVWM94 | Long             | EC               | CORP              | CN        |     61732 | NS      | $734330.43    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co., Ltd.                          | CUSIP: Y2290G102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20500 | NS      | $114053.78    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                        | Meituan, Class B                                  | CUSIP: G59669104<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     66000 | NS      | $1477189.16   | 4.80%             |  |  |  | Yes           |                  1 | On Loan: No      |
| NagaCorp Ltd                   | NagaCorp, Ltd.                                    | CUSIP: G6382M109<br>LEI: 549300MMNKN0RBJELS20 | Long             | EC               | CORP              | KH        |    945933 | NS      | $833773.50    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Chailease Holding Co Ltd       | Chailease Holding Co., Ltd.                       | CUSIP: G20288109<br>LEI: 529900L76E6T0JCM3J27 | Long             | EC               | CORP              | TW        |         0 | NS      | $2.47         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd        | Haier Smart Home Co., Ltd., Class A               | CUSIP: Y7166P102<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |    179444 | NS      | $631385.16    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd           | Tencent Holdings, Ltd.                            | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     25400 | NS      | $1086874.64   | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                     | JD.com, Inc., Class A                             | CUSIP: G8208B101<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |     38661 | NS      | $1090660.71   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc         | Yum China Holdings, Inc.                          | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | CN        |     14050 | NS      | $790205.62    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding, Ltd.                       | CUSIP: G01719114<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |    159505 | NS      | $1762514.41   | 5.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Ayala Land Inc                 | Ayala Land, Inc.                                  | CUSIP: Y0488F100<br>LEI: 254900EWT10TQ6DKTV34 | Long             | EC               | CORP              | PH        |    331900 | NS      | $184240.46    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Astra International Tbk PT     | Astra International Tbk PT                        | CUSIP: Y7117N172<br>LEI: 529900L49TRJOMG4DK47 | Long             | EC               | CORP              | ID        |    433600 | NS      | $158761.52    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BDO Unibank Inc                | BDO Unibank, Inc.                                 | CUSIP: Y07775102<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | EC               | CORP              | PH        |    162327 | NS      | $308693.42    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu Inc                      | Baidu, Inc., ADR                                  | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             |  | CORP              | CN        |     12758 | NS      | $1459260.04   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Dada Nexus Ltd                 | Dada Nexus, Ltd., ADR                             | CUSIP: 23344D108<br>LEI: 655600D3KK4AC093RT71 | Long             |  | CORP              | CN        |     71700 | NS      | $499749.00    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Despegar.com Corp              | Despegar.com Corp.                                | CUSIP: G27358103<br>LEI: N/A                  | Long             | EC               | CORP              | AR        |    138697 | NS      | $711515.61    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                  | HDFC Bank, Ltd., ADR                              | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             |  | CORP              | IN        |     15600 | NS      | $1067196.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank, Ltd., ADR                             | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             |  | CORP              | IN        |     57441 | NS      | $1257383.49   | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                    | Infosys, Ltd., ADR                                | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             |  | CORP              | IN        |     45993 | NS      | $828333.93    | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIAN RUPIES  /               | INDIAN RUPIES  /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | IN        |   5468938 | OU      | $66105.86     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA       | Itau Unibanco Holding SA, ADR                     | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             |  | CORP              | BR        |    119300 | NS      | $561903.00    | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Megaworld Corp                 | Megaworld Corp.                                   | CUSIP: Y59481112<br>LEI: 254900P57OOZ5AY5C521 | Long             | EC               | CORP              | PH        |   9771826 | NS      | $351682.28    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre, Inc.                                | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      1404 | NS      | $1188120.96   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB MONEY MARKET FIDUCIARY   / | UMB MONEY MARKET FIDUCIARY   /                    | CUSIP: SF8888528<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   4716563 | PA      | $4716563.32   | 15.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Pagseguro Digital Ltd          | Pagseguro Digital, Ltd., Class A                  | CUSIP: G68707101<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     61062 | NS      | $533681.88    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Philippine Pesos  /            | Philippine Pesos  /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | PH        |  16932148 | OU      | $303838.28    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Reddy's Laboratories Ltd    | Dr Reddy's Laboratories, Ltd., ADR                | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             |  | CORP              | IN        |     12500 | NS      | $646875.00    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India            | State Bank of India                               | CUSIP: Y8155P103<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |    115225 | NS      | $854751.39    | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                        | Sea, Ltd., ADR                                    | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             |  | CORP              | SG        |     13425 | NS      | $698502.75    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co., Ltd., ADR | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             |  | CORP              | TW        |     26400 | NS      | $1966536.00   | 6.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWANESE DOLLAR  /            | TAIWANESE DOLLAR  /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | TW        |         3 | OU      | $0.10         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Robina Corp          | Universal Robina Corp.                            | CUSIP: Y9297P100<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |     67180 | NS      | $164827.19    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-09

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

**Signature:** /s/ Terrance P. Gallagher

**Name of Signer:** Terrance P. Gallagher

**Title:** President