# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001145549-23-009115
**Filing Date:** 2023-2
**Character Count:** 21554
**Document Hash:** cfb3c9071c21d0bce919ea56e2a36679
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-009115.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001145549-23-009115

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 23663088

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Select Large Cap Equity Fund (Series ID: S000060079)

| Class ID   | Class Name                                                         | Ticker Symbol   |
|:---|:---|:---|
| C000196698 | Columbia Variable Portfolio - Select Large Cap Equity Fund Class 1 |  |
| C000196699 | Columbia Variable Portfolio - Select Large Cap Equity Fund Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Select Large Cap Equity Fund

- **b. EDGAR series identifier (if any):** S000060079

- **c. LEI of Series:** 5493009NIHICHA98JS47

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

- **a. Date of fiscal year-end:** 2022-12-31

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2959980161.83

**Total Liabilities:** $135622.11

**Net Assets:** $2959844539.72

**Cash Not Reported:** $1.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196698 | 7.93%                | 5.14%                | -5.91%               |
| Class ID C000196699 | 7.88%                | 5.14%                | -5.98%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2752763.31             | $223149979.62                              |
| Month 2  | $28873624.33             | $121726916.55                              |
| Month 3  | $-3540860.77             | $-185619692.92                             |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                 | Title                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CINTAS CORP                          | Cintas Corp                    | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83104 | NS      | $37531428.48  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND        | COLUMBIA SHORT TERM CASH FUND  | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  18101861 | NS      | $18096430.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                  | Comcast Corp                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1427879 | NS      | $49932928.63  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                       | ConocoPhillips                 | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    483011 | NS      | $56995298.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC             | Constellation Brands Inc       | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    215511 | NS      | $49944674.25  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCOVER FINANCIAL SERVICES          | Discover Financial Services    | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |    402028 | NS      | $39330399.24  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRONIC ARTS INC                  | Electronic Arts Inc            | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |    300666 | NS      | $36735371.88  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                     | Exxon Mobil Corp               | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    747579 | NS      | $82457963.70  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HERSHEY COMPANY THE                  | Hershey Co/The                 | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |    205486 | NS      | $47584393.02  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC        | Hilton Worldwide Holdings Inc  | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    314115 | NS      | $39691571.40  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                       | Home Depot Inc/The             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    208663 | NS      | $65908295.18  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SRGCAL                     | Intuitive Surgical Inc         | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    175478 | NS      | $46563087.30  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| INVITATION HOMES INC                 | Invitation Homes Inc           | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    995692 | NS      | $29512310.88  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY                | Eli Lilly & Co                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    176121 | NS      | $64432106.64  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTEC INC.                          | MasTec Inc                     | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |    405129 | NS      | $34569657.57  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                       | Mastercard Inc                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    181881 | NS      | $63245480.13  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO INC                       | Merck & Co Inc                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    567519 | NS      | $62966233.05  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                          | MetLife Inc                    | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    707697 | NS      | $51216031.89  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                       | Microsoft Corp                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    835730 | NS      | $200424768.60 | 6.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                       | Morgan Stanley                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    589740 | NS      | $50139694.80  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                          | NVIDIA Corp                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    335466 | NS      | $49025001.24  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC               | Palo Alto Networks Inc         | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    215176 | NS      | $30025659.04  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER HANNIFIN CORPORATION          | Parker-Hannifin Corp           | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |    132094 | NS      | $38439354.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                          | Popular Inc                    | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    270771 | NS      | $17957532.72  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO                  | Procter & Gamble Co/The        | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    541618 | NS      | $82087624.08  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                         | Prologis Inc                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    351975 | NS      | $39678141.75  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYTHEON TECHNOLOGIES CORPORATION    | Raytheon Technologies Corp     | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    478498 | NS      | $48290018.16  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC SERVICES INC                | Republic Services Inc          | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    278428 | NS      | $35914427.72  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC                       | S&P Global Inc                 | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |    134191 | NS      | $44945933.54  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                       | ServiceNow Inc                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    101508 | NS      | $39412511.16  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                    | State Street Corp              | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    578654 | NS      | $44886190.78  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                            | Tesla Inc                      | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    137644 | NS      | $16954987.92  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORPORATION            | Union Pacific Corp             | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    218561 | NS      | $45257426.27  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE INC            | United Parcel Service Inc      | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    241053 | NS      | $41904653.52  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC               | UnitedHealth Group Inc         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    148971 | NS      | $78981444.78  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARM INC                     | Vertex Pharmaceuticals Inc     | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     90582 | NS      | $26158269.96  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                          | Walmart Inc                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    430850 | NS      | $61090221.50  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC                           | Zoetis Inc                     | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    289199 | NS      | $42382113.45  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC               | Trane Technologies PLC         | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |    232159 | NS      | $39023606.31  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY LTD                  | TE Connectivity Ltd            | CUSIP: H84989104<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |    317711 | NS      | $36473222.80  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                             | AT&T Inc                       | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   2497401 | NS      | $45977152.41  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                           | AbbVie Inc                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    406460 | NS      | $65688000.60  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                            | Adobe Inc                      | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    148816 | NS      | $50081048.48  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                         | Alphabet Inc                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1411515 | NS      | $125243725.95 | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                       | Amazon.com Inc                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1210055 | NS      | $101644620.00 | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                   | Ameren Corp                    | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    596951 | NS      | $53080882.92  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY INC. | American Electric Power Co Inc | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |    586102 | NS      | $55650384.90  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC                  | Anthem Inc                     | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     95980 | NS      | $49234860.60  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                            | Apple Inc                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1128932 | NS      | $146682134.76 | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MAT INC                      | Applied Materials Inc          | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    418122 | NS      | $40716720.36  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                 | Bank of America Corp           | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1760359 | NS      | $58303090.08  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC.         | BioMarin Pharmaceutical Inc    | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |    220392 | NS      | $22808368.08  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP               | Boston Scientific Corp         | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    954484 | NS      | $44163974.68  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                         | Broadcom Inc                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    104066 | NS      | $58186422.58  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                    | Cisco Systems Inc              | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   1147336 | NS      | $54659087.04  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer