# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001145549-23-017315
**Filing Date:** 2023-3
**Character Count:** 38368
**Document Hash:** 7382ee98c26ec9cbc0cce3bdc437ab0c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-017315.hdr.sgml**: 20230322

**ACCESSION NUMBER**: 0001145549-23-017315

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230322

**DATE AS OF CHANGE**: 20230322

**PERIOD START**: 20230731

**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:** 23753324

**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 Change Finance ESG ETF (Series ID: S000075114)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000233948 | AXS Change Finance ESG ETF | CHGX            |

## 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 Change Finance ESG ETF

- **b. EDGAR series identifier (if any):** S000075114

- **c. LEI of Series:** 549300RUUESBBA04C742

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $114804051.29

**Net Assets:** $114804051.29

**Cash Not Reported:** $341575.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233948 | 6.87%                | -5.28%               | 6.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $7057814.16                                |
| Month 2  | $-1383780.09             | $-4659643.43                               |
| Month 3  | $0.00                    | $6941808.65                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ormat Technologies Inc.                     | Ormat Technologies Inc. COM STK USD0.001                | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     12553 | NS      | $1161780.15   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                  | Nike, Inc. CLASS'B'COM NPV                              | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     10346 | NS      | $1317356.18   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                       | Microsoft Corporation COM USD0.00000625                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4448 | NS      | $1102258.88   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.                     | Intuitive Surgical Inc. COM USD0.001                    | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      4195 | NS      | $1030669.55   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corporation                        | McKesson Corporation COM USD0.01                        | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2976 | NS      | $1126951.68   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                        | PPG Industries, Inc. COM USD1.666                       | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |      8398 | NS      | $1094595.32   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corporation               | AmerisourceBergen Corporation COM USD0.01               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      6655 | NS      | $1124428.80   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                         | Analog Devices Inc. COM USD0.16 2/3                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      6604 | NS      | $1132387.88   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                               | Accenture PLC CLS'A'USD0.0000225                        | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      3775 | NS      | $1053413.75   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.          | American Water Works Company, Inc. COM USD0.01          | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      7476 | NS      | $1169919.24   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                | Autodesk Inc COM USD0.01                                | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      5620 | NS      | $1209199.20   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corporation | International Business Machines Corporation COM USD0.20 | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      7623 | NS      | $1027046.79   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                    | American Express Company COM USD0.20                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      7204 | NS      | $1260195.72   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                               | Medtronic PLC USD0.0001                                 | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     14360 | NS      | $1201788.40   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                     | Aon PLC COM USD0.01 CL A                                | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      3682 | NS      | $1173379.76   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                    | AT&T Inc COM USD1                                       | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     58889 | NS      | $1199568.93   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                | Synopsys Inc COM USD0.01                                | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      3344 | NS      | $1182940.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                 | Paychex Inc COM USD0.01                                 | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      9154 | NS      | $1060582.44   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation     | The Bank of New York Mellon Corporation COM USD0.01     | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     24740 | NS      | $1251101.80   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                   | Adobe Inc COM USD0.0001                                 | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      3294 | NS      | $1219899.96   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.             | Automatic Data Processing, Inc. COM USD0.10             | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      4298 | NS      | $970531.38    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                  | Apple Inc. COM USD0.00001                               | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      7671 | NS      | $1106848.59   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                | Thermo Fisher Scientific Inc COM USD1                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      2025 | NS      | $1154918.25   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                             | Ulta Beauty Inc COM STK USD0.01                         | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2440 | NS      | $1254062.40   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| V.F. Corp                                   | V.F. Corp COM NPV                                       | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |     34666 | NS      | $1072566.04   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                    | Visa Inc COM STK USD0.0001                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      5233 | NS      | $1204688.93   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Company                    | Vulcan Materials Company COM STK USD1                   | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      6191 | NS      | $1134996.03   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance, Inc.              | Walgreens Boots Alliance, Inc. COM USD0.01              | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     27360 | NS      | $1008489.60   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                      | Palo Alto Networks Inc COM USD0.0001                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      6687 | NS      | $1060825.68   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                | Stanley Black & Decker, Inc. COM USD2.50                | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     13889 | NS      | $1240426.59   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Incorporation               | Paypal Holdings Incorporation COM USD0.0001             | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     14492 | NS      | $1180953.08   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                           | Sysco Corporation COM USD1                              | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     13133 | NS      | $1017282.18   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                      | The TJX Companies Inc. COM USD1                         | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     14182 | NS      | $1160938.52   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated              | Texas Instruments Incorporated COM USD1.00              | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      6294 | NS      | $1115359.74   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company               | Becton, Dickinson and Company COM USD1.00               | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      4553 | NS      | $1148357.66   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                         | Stryker Corporation COM USD0.10                         | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      4847 | NS      | $1230217.07   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                 | Pfizer Inc. COM USD0.05                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     22620 | NS      | $998899.20    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                    | Simon Property Group Inc COM USD0.0001                  | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      9504 | NS      | $1220883.84   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc.                                 | Sunrun Inc. COM USD0.0001                               | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     34839 | NS      | $915568.92    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                             | Eli Lilly & Co. COM NPV                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3059 | NS      | $1052754.85   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                              | Servicenow Inc COM USD0.001                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2726 | NS      | $1240684.38   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                  | Intuit Inc COM USD0.01                                  | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2785 | NS      | $1177135.95   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                  | Ameriprise Financial, Inc. COM USD0.01                  | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3423 | NS      | $1198460.76   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc               | Intercontinental Exchange Inc COM USD0.01               | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     10487 | NS      | $1127876.85   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                | Bristol-Myers Squibb Company COM USD0.10                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     14147 | NS      | $1027779.55   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                             | BlackRock, Inc. COM USD0.01                             | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |      1585 | NS      | $1203347.85   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                               | QUALCOMM Inc. COM USD0.0001                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      8978 | NS      | $1195959.38   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                             | Ross Stores Inc COM USD0.01                             | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      9648 | NS      | $1140297.12   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                              | S&P Global Inc COM USD1                                 | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      3216 | NS      | $1205807.04   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                              | Salesforce Inc COM USD0.001                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      7102 | NS      | $1192922.94   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation              | The Charles Schwab Corporation COM USD0.01              | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     13766 | NS      | $1065763.72   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                               | Prologis Inc. COM USD0.01                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      9634 | NS      | $1245483.52   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                 | Ecolab Inc. COM USD1                                    | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      7577 | NS      | $1173146.91   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                         | Cisco Systems, Inc. COM USD0.001                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     22835 | NS      | $1111379.45   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                               | Alphabet Inc. CAP USD0.001 CL C                         | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11198 | NS      | $1118344.26   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.                | Advanced Micro Devices, Inc. COM USD0.01                | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     14646 | NS      | $1100646.90   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                         | Abbott Laboratories COM NPV                             | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     10545 | NS      | $1165749.75   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulte Group Inc                             | Pulte Group Inc COM USD0.01                             | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25337 | NS      | $1441421.93   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                       | Cardinal Health, Inc. COM NPV                           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     14164 | NS      | $1094169.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                  | Carrier Global Corporation COM                          | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     25616 | NS      | $1166296.48   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corporation                         | Centene Corporation COM USD0.001                        | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     13049 | NS      | $994855.76    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                   | Church & Dwight Co., Inc. COM USD1.00                   | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     13862 | NS      | $1120881.32   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                             | Deere & Company COM USD1                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      2573 | NS      | $1087967.32   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                         | Walt Disney Company COM DISNEY USD0.01                  | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     11606 | NS      | $1259134.94   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                | Cadence Design Systems, Inc. COM USD0.01                | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      6602 | NS      | $1207043.66   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.          | American International Group, Inc. COM USD2.50          | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     17987 | NS      | $1137138.14   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corporation                           | Cigna Corporation COM USD0.01                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      3451 | NS      | $1092828.17   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                | Broadcom Inc COM USD0.001                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2058 | NS      | $1203950.58   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                               | Alphabet Inc. CAP STK USD0.001 CL A                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11250 | NS      | $1111950.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                | Fortinet Inc COM USD0.001                               | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     21347 | NS      | $1117301.98   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                        | Electronic Arts Inc. COM USD0.01                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      8686 | NS      | $1117714.48   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                            | Genuine Parts Co COM USD1.00                            | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      6194 | NS      | $1039477.08   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc  | Fidelity National Information Services Inc COM USD0.01  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     15639 | NS      | $1173550.56   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                | Fastenal Co. COM USD0.01                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     22050 | NS      | $1114627.50   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                               | Equinix, Inc. COM USD0.001                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1642 | NS      | $1212009.46   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                      | Marvell Technology Inc COM                              | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24431 | NS      | $1054197.65   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                          | Enphase Energy Inc COM USD0.00001                       | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      3538 | NS      | $783242.44    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                | Equifax Inc. COM USD1.25                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |      5749 | NS      | $1277427.80   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                              | CME Group Inc. COM USD0.01                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      6430 | NS      | $1135923.80   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                           | Intel Corporation COM USD0.001                          | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     37782 | NS      | $1067719.32   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                          | HCA Healthcare Inc COM USD0.01                          | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      4725 | NS      | $1205205.75   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                            | Grainger W W Inc COM USD0.50                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1884 | NS      | $1110580.32   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                   | MSCI Inc. COM USD0.01                                   | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      2236 | NS      | $1188568.16   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.            | Marsh & McLennan Companies, Inc. COM USD1.00            | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      6554 | NS      | $1146360.14   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                     | MasterCard Incorporated COM USD0.0001 CLASS A           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3185 | NS      | $1180361.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell Soup Company                       | Campbell Soup Company CAP USD0.0375                     | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     21134 | NS      | $1097488.62   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corporation            | Edwards Lifesciences Corporation COM USD1               | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     14697 | NS      | $1127259.90   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                 | Fiserv Inc. COM USD0.01                                 | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     10880 | NS      | $1160678.40   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                    | O'Reilly Automotive Inc. USD0.01                        | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      1315 | NS      | $1041940.25   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                | NVIDIA Corp. COM USD0.001                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      6703 | NS      | $1309565.11   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                               | Netflix, Inc. COM USD0.001                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      3712 | NS      | $1313528.32   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Incorporated           | Microchip Technology Incorporated COM USD0.001          | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     14341 | NS      | $1113148.42   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                      | Micron Technology Inc. COM USD0.10                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     19705 | NS      | $1188211.50   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp                                 | Moodys Corp COM USD0.01                                 | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      3806 | NS      | $1228386.50   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                           | Johnson & Johnson COM USD1.00                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      6375 | NS      | $1041802.50   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corporation                             | KLA Corporation COM USD0.001                            | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2884 | NS      | $1131912.32   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corporation                  | Kimberly-Clark Corporation COM USD1.25                  | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      8369 | NS      | $1088053.69   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                            | Merck & Co., Inc COM USD0.50                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     10307 | NS      | $1107074.87   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| The Estee Lauder Companies Inc.             | The Estee Lauder Companies Inc. COM USD0.01 CLASS A     | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |      4809 | NS      | $1332477.72   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corporation                          | Oracle Corporation COM USD0.01                          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     13674 | NS      | $1209602.04   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-08

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

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

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

**Title:** President