# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0000894189-25-020072
**Filing Date:** 2025-12
**Character Count:** 42102
**Document Hash:** a687f0167a17f59af3bcad2b53330d9e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-020072.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0000894189-25-020072

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 251612224

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### YieldMax(R) Ultra Option Income Strategy ETF (Series ID: S000084078)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000248338 | YieldMax(R) Ultra Option Income Strategy ETF | ULTY            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 844-986-7700

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

- **a. Name of Series:** YieldMax Ultra Option Income Strategy ETF

- **b. EDGAR series identifier (if any):** S000084078

- **c. LEI of Series:** 254900LTQPWEQU1KD103

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $2698671945.05

**Total Liabilities:** $122917645.14

**Net Assets:** $2575754299.91

**Cash Not Reported:** $71556996.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248338 | -0.68%               | 2.74%                | -1.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-29525590.69            | $73328004.66                               |
| Month 2  | $454872627.34            | $-39158616.84                              |
| Month 3  | $55015226.65             | $-6767300.01                               |

**Designated Index Information**

- **Index Name:** NYSE FANG+ Total Return Index

- **Index Identifier:** NYFANGT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Strategy Inc                   | Strategy Inc                               | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |    295000 | NS      | $79505450.00  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rigetti Computing Inc          | Rigetti Computing Inc                      | CUSIP: 76655K103<br>LEI: 52990024JHY459DH8W71 | Long             | EC               | CORP              | US        |   3000000 | NS      | $132810000.00 | 5.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |   1200000 | NS      | $176136000.00 | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                 | Rocket Cos Inc                             | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   8000000 | NS      | $133280000.00 | 5.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                | Rocket Lab Corp                            | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3000400 | NS      | $188965192.00 | 7.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc          | SoFi Technologies Inc                      | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |   1700000 | NS      | $50456000.00  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SoundHound AI Inc              | SoundHound AI Inc                          | CUSIP: 836100107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   6456200 | NS      | $113758244.00 | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic Inc                   | Symbotic Inc                               | CUSIP: 87151X101<br>LEI: 529900UN9QT55OG9I235 | Long             | EC               | CORP              | US        |   1365100 | NS      | $110504845.00 | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc           | Upstart Holdings Inc                       | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |   1750000 | NS      | $83160000.00  | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Hims & Hers Health Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7500 | NC      | $3750.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Hims & Hers Health Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     10000 | NC      | $35000.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Hims & Hers Health Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -3500 | NC      | $-682500.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Lab Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -15005 | NC      | $-30010.08    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Lab Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     15005 | NC      | $30010.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Lab Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -14999 | NC      | $-2309846.00  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| NuScale Power Corp             | NuScale Power Corp                         | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   4041800 | NS      | $181355566.00 | 7.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Symbotic Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8500 | NC      | $-701250.04   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Symbotic Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      8500 | NC      | $21250.04     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Symbotic Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5151 | NC      | $-2343705.00  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Symbotic Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5151 | NC      | $-103020.03   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Symbotic Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5151 | NC      | $296182.53    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Upstart Holdings Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -9000 | NC      | $-3960000.00  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Upstart Holdings Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8500 | NC      | $-3017500.00  | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Upstart Holdings Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -9000 | NC      | $-202500.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Upstart Holdings Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      9000 | NC      | $1854000.00   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Upstart Holdings Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      8500 | NC      | $2082500.00   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Lab Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     14999 | NC      | $959936.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SoFi Technologies Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -17000 | NC      | $-467500.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SoFi Technologies Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     17000 | NC      | $374000.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SoundHound AI Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -34562 | NC      | $-4959647.00  | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SoundHound AI Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -30000 | NC      | $-3675000.00  | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Lab Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -14999 | NC      | $-307479.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Hims & Hers Health Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      3500 | NC      | $600250.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lucid Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -25000 | NC      | $-12500.13    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Affirm Holdings Inc            | Affirm Holdings Inc                        | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    749900 | NS      | $53902812.00  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    550000 | NS      | $110258500.00 | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Quantum Computing Inc          | Quantum Computing Inc                      | CUSIP: 74766W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   5767400 | NS      | $96373254.00  | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Strategy Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1500 | NC      | $-72750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Strategy Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1500 | NC      | $225750.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Symbotic Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8500 | NC      | $-4250000.00  | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | IREN Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8000 | NC      | $-732000.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | IREN Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      8000 | NC      | $20000.04     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | IREN Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -7000 | NC      | $-3132500.00  | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | IREN Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7000 | NC      | $1729000.00   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lucid Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -25000 | NC      | $-12500.13    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lucid Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     25000 | NC      | $25000.13     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lucid Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -20000 | NC      | $-1730000.00  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lucid Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     20000 | NC      | $970000.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lululemon Athletica Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      6000 | NC      | $375000.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Lululemon Athletica Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -6000 | NC      | $-1341000.00  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP Materials Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8000 | NC      | $-20000.04    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP Materials Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8000 | NC      | $-20000.04    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP Materials Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      8000 | NC      | $300000.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP Materials Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -4000 | NC      | $-510000.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP Materials Corp                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4000 | NC      | $500000.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -11265 | NC      | $-2033332.50  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -15419 | NC      | $-4147711.00  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -35810 | NC      | $-17905.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BitMine Immersion Technologies Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     10000 | NC      | $765000.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Cipher Mining Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -12500 | NC      | $-937500.06   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Cipher Mining Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -12500 | NC      | $-6250.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Cipher Mining Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     12500 | NC      | $6250.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Cipher Mining Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -12500 | NC      | $-25000.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Cipher Mining Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     12500 | NC      | $1093750.00   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coinbase Global Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -2325 | NC      | $-1162.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coinbase Global Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -2200 | NC      | $-1100.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Robinhood Markets Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -7000 | NC      | $-4917500.00  | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Robinhood Markets Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5000 | NC      | $-1455000.00  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Robinhood Markets Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      7000 | NC      | $70000.04     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Robinhood Markets Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5000 | NC      | $130000.03    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Palantir Technologies Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5500 | NC      | $-4152500.00  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Palantir Technologies Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5500 | NC      | $1575750.00   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Quantum Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -57674 | NC      | $-7497620.00  | -0.29%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Quantum Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     57674 | NC      | $865110.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -18735 | NC      | $-9367.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -3735 | NC      | $-3735.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -15000 | NC      | $-127500.08   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     11265 | NC      | $5632.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     10000 | NC      | $10000.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rigetti Computing Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      8735 | NC      | $4367.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Cos Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -40000 | NC      | $-20000.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Cos Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -40000 | NC      | $-20000.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Cos Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     40000 | NC      | $80000.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Rocket Cos Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     40000 | NC      | $20000.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     15420 | NC      | $15420.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -24999 | NC      | $-8374665.00  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     24999 | NC      | $2187412.50   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -24999 | NC      | $-1562437.50  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NuScale Power Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     24999 | NC      | $4112335.50   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BitMine Immersion Technologies | BitMine Immersion Technologies Inc         | CUSIP: 09175A206<br>LEI: 254900TGJJ1D9JNAQT27 | Long             | EC               | CORP              | US        |   1956000 | NS      | $91247400.00  | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Mining Inc              | Cipher Mining Inc                          | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |   2500000 | NS      | $46625000.00  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc            | Coinbase Global Inc                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |    452500 | NS      | $155560450.00 | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreWeave Inc                  | CoreWeave Inc                              | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |   1100000 | NS      | $147081000.00 | 5.71%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        | 298125189 | NS      | $298125189.14 | 11.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc         | Hims & Hers Health Inc                     | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |   2100000 | NS      | $95466000.00  | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Lucid Group Inc                | Lucid Group Inc                            | CUSIP: 549498202<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | EC               | CORP              | US        |   4500000 | NS      | $79875000.00  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp              | MP Materials Corp                          | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |   1200000 | NS      | $75708000.00  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Affirm Holdings Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -7499 | NC      | $-3205822.50  | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Affirm Holdings Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4000 | NC      | $764000.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Affirm Holdings Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      3499 | NC      | $848507.50    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BitMine Immersion Technologies Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -9560 | NC      | $-1424440.00  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BitMine Immersion Technologies Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -10000 | NC      | $-1045000.00  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BitMine Immersion Technologies Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -9560 | NC      | $-167300.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BitMine Immersion Technologies Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -10000 | NC      | $-140000.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BitMine Immersion Technologies Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      9560 | NC      | $501900.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Strategy Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1450 | NC      | $-725.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Strategy Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1500 | NC      | $-750.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Strategy Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1450 | NC      | $1450.01      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Strategy Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -1500 | NC      | $-675000.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| IREN Ltd                       | IREN Ltd                                   | CUSIP: N/A<br>LEI: 254900FZF02RB3NNGB71       | Long             | EC               | CORP              | AU        |   1500000 | NS      | $91125000.00  | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | SoundHound AI Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -34562 | NC      | $-501149.00   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SoundHound AI Inc                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     64562 | NC      | $5164960.00   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coinbase Global Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -2325 | NC      | $-1162.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coinbase Global Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2200 | NC      | $1100.01      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coinbase Global Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2325 | NC      | $1162.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CoreWeave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5500 | NC      | $-2117500.00  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CoreWeave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5500 | NC      | $376750.03    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CoreWeave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5500 | NC      | $-1496000.00  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CoreWeave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5500 | NC      | $-266750.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CoreWeave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5500 | NC      | $1193500.00   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Galaxy Digital Inc                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     30000 | NC      | $3450000.00   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Galaxy Digital Inc                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -30000 | NC      | $-5550000.00  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Hims & Hers Health Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -17500 | NC      | $-8750.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Hims & Hers Health Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -7500 | NC      | $-7500.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer