# EDGAR Filing Document

**Accession Number:** 0001981627
**File Stem:** 0001752724-25-205897
**Filing Date:** 2025-8
**Character Count:** 62050
**Document Hash:** 1d04b8542abe54f3d888201f411147ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205897.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205897

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 2023 ETF Series Trust II
- **CENTRAL INDEX KEY:** 0001981627

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23895
- **FILM NUMBER:** 251257025

**BUSINESS ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **STREET 2:** SUITE 100
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 212-309-6231

**MAIL ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **STREET 2:** SUITE 100
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

## Series and Classes Contracts Data

### GMO International Value ETF (Series ID: S000088549)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000254841 | GMO International Value ETF | GMOI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 2023 ETF Series Trust II

- **b. Investment Company Act file number:** 811-23895

- **c. CIK number of Registrant:** 0001981627

- **d. LEI of Registrant:** 5299001GULBDPKO8HM33

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

  - **Street Address 1:** Three Canal Plaza

  - **City:** Portland

  - **State:** ME

  - **Foreign country:** US

  - **Zip / Postal Code:** 04101

  - **Telephone number:** 614-416-9058

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

- **a. Name of Series:** GMO International Value ETF

- **b. EDGAR series identifier (if any):** S000088549

- **c. LEI of Series:** 529900EFGH3ZROC1BH23

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $163137288.35

**Total Liabilities:** $83275.25

**Net Assets:** $163054013.10

**Cash Not Reported:** $26735.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254841 | 2.14%                | 5.07%                | 2.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-361754.51              | $2488159.11                                |
| Month 2  | $627848.30               | $4979663.28                                |
| Month 3  | $1764635.08              | $1494481.68                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| H Lundbeck A/S                        | H Lundbeck A/S                                        | CUSIP: 000000000<br>LEI: 5493006R4KC2OI5D3470 | Long             | EC               | CORP              | DK        |     17303 | NS      | $99330.90     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingfisher PLC                        | Kingfisher PLC                                        | CUSIP: 000000000<br>LEI: 213800KBMEV7I92FY281 | Long             | EC               | CORP              | GB        |    204662 | NS      | $816942.20    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC Hong Kong Holdings Ltd            | BOC Hong Kong Holdings Ltd                            | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |     50000 | NS      | $217198.84    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry Properties Ltd                  | Kerry Properties Ltd                                  | CUSIP: 000000000<br>LEI: 5299006T5ULIIRZ7LK49 | Long             | EC               | CORP              | BM        |     28000 | NS      | $72229.76     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mazda Motor Corp                      | Mazda Motor Corp                                      | CUSIP: 000000000<br>LEI: 52990044YZJLICDQKK92 | Long             | EC               | CORP              | JP        |     12100 | NS      | $73051.21     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OMV AG                                | OMV AG                                                | CUSIP: 000000000<br>LEI: 549300V62YJ9HTLRI486 | Long             | EC               | CORP              | AT        |     20305 | NS      | $1104546.54   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BT Group PLC                          | BT Group PLC                                          | CUSIP: 000000000<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |    602628 | NS      | $1602694.44   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Seiko Epson Corp                      | Seiko Epson Corp                                      | CUSIP: 000000000<br>LEI: 549300NIOFQDR749W206 | Long             | EC               | CORP              | JP        |      6700 | NS      | $89004.55     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                           | ITOCHU Corp                                           | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |      3800 | NS      | $199387.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Telecom Italia SpA/Milano             | Telecom Italia SpA/Milano                             | CUSIP: 000000000<br>LEI: 549300W384M3RI3VXU42 | Long             | EC               | CORP              | IT        |    202656 | NS      | $99927.67     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                            | Boliden AB                                            | CUSIP: 000000000<br>LEI: 21380059QU7IM1ONDJ56 | Long             | EC               | CORP              | SE        |      8248 | NS      | $257267.79    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Yokohama Rubber Co Ltd/The            | Yokohama Rubber Co Ltd/The                            | CUSIP: 000000000<br>LEI: 52990036XNWY2FMYWB76 | Long             | EC               | CORP              | JP        |      3100 | NS      | $85505.36     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Acerinox SA                           | Acerinox SA                                           | CUSIP: 000000000<br>LEI: 95980020140005582721 | Long             | EC               | CORP              | ES        |     16464 | NS      | $209840.69    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Group NV                          | KBC Group NV                                          | CUSIP: 000000000<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | EC               | CORP              | BE        |     11616 | NS      | $1199458.33   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Parex Resources Inc                   | Parex Resources Inc                                   | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |     20691 | NS      | $211354.37    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA    | Banco Bilbao Vizcaya Argentaria SA                    | CUSIP: 05946K101<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    211686 | NS      | $3253613.82   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamaha Motor Co Ltd                   | Yamaha Motor Co Ltd                                   | CUSIP: 000000000<br>LEI: 3538004LR5NXILJDHY88 | Long             | EC               | CORP              | JP        |     90900 | NS      | $681410.71    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SKF AB                                | SKF AB                                                | CUSIP: 000000000<br>LEI: 549300B6HWYEE57O8J84 | Long             | EC               | CORP              | SE        |      4581 | NS      | $105120.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo AB                              | Volvo AB                                              | CUSIP: 000000000<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     72369 | NS      | $2030116.86   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                         | Rio Tinto PLC                                         | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     61832 | NS      | $3606660.56   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Marubeni Corp                         | Marubeni Corp                                         | CUSIP: 000000000<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | EC               | CORP              | JP        |      3300 | NS      | $66753.93     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Canada               | National Bank of Canada                               | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |      1060 | NS      | $109382.19    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Montreal                      | Bank of Montreal                                      | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |     12477 | NS      | $1382709.07   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Manulife Financial Corp               | Manulife Financial Corp                               | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |     75922 | NS      | $2426467.12   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors          | State Street Institutional Treasury Money Market Fund | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |   2817658 | NS      | $2817658.43   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BPER Banca SPA                        | BPER Banca SPA                                        | CUSIP: 000000000<br>LEI: N747OI7JINV7RUUH6190 | Long             | EC               | CORP              | IT        |     58450 | NS      | $531255.98    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Genmab A/S                            | Genmab A/S                                            | CUSIP: 372303206<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |      4239 | NS      | $87577.74     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Continental AG                        | Continental AG                                        | CUSIP: 000000000<br>LEI: 529900A7YD9C0LLXM621 | Long             | EC               | CORP              | DE        |      5314 | NS      | $463838.56    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Group Holdings Ltd              | Asahi Group Holdings Ltd                              | CUSIP: 000000000<br>LEI: 353800KAJ02XNHLCJW79 | Long             | EC               | CORP              | JP        |     27800 | NS      | $372101.66    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto Ltd                         | Rio Tinto Ltd                                         | CUSIP: 000000000<br>LEI: 529900X2VMAQT2PE0V24 | Long             | EC               | CORP              | AU        |      2514 | NS      | $177256.18    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrefour SA                          | Carrefour SA                                          | CUSIP: 000000000<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | EC               | CORP              | FR        |     25888 | NS      | $365022.59    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House Industry Co Ltd           | Daiwa House Industry Co Ltd                           | CUSIP: 000000000<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |     40000 | NS      | $1376063.33   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ProSiebenSat.1 Media SE               | ProSiebenSat.1 Media SE                               | CUSIP: 000000000<br>LEI: 529900NY0WWQUKOMWQ37 | Long             | EC               | CORP              | DE        |     21604 | NS      | $181829.15    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                        | BNP Paribas SA                                        | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     42201 | NS      | $3793920.27   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Tsusho Corp                    | Toyota Tsusho Corp                                    | CUSIP: 000000000<br>LEI: 549300CEE2ENIUJNXB84 | Long             | EC               | CORP              | JP        |     49200 | NS      | $1116869.55   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Renesas Electronics Corp              | Renesas Electronics Corp                              | CUSIP: 000000000<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |     16300 | NS      | $202497.83    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Heavy Industries Ltd         | Sumitomo Heavy Industries Ltd                         | CUSIP: 000000000<br>LEI: 353800VSTEIRMBC3S374 | Long             | EC               | CORP              | JP        |      1900 | NS      | $39087.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                            | Tenaris SA                                            | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |      7666 | NS      | $286708.40    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank/The             | Toronto-Dominion Bank/The                             | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     81712 | NS      | $6010114.87   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexus                                 | Dexus                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     23756 | NS      | $103972.86    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Group GmbH & Co KGaA              | DWS Group GmbH & Co KGaA                              | CUSIP: 000000000<br>LEI: 529900VM3464806ERS69 | Long             | EC               | CORP              | DE        |      3152 | NS      | $186387.60    | 0.11%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Akzo Nobel NV                         | Akzo Nobel NV                                         | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |      1732 | NS      | $121188.51    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Tire Corp                        | Toyo Tire Corp                                        | CUSIP: 000000000<br>LEI: 529900Y41RD7VQM9RF75 | Long             | EC               | CORP              | JP        |      6200 | NS      | $131487.10    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange SA                             | Orange SA                                             | CUSIP: 000000000<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |     84631 | NS      | $1287511.10   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                   | Societe Generale SA                                   | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     29206 | NS      | $1670276.65   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai Nippon Printing Co Ltd            | Dai Nippon Printing Co Ltd                            | CUSIP: 000000000<br>LEI: 529900S7NFNQ4FT6OP83 | Long             | EC               | CORP              | JP        |      7000 | NS      | $106454.64    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Daito Trust Construction Co Ltd       | Daito Trust Construction Co Ltd                       | CUSIP: 000000000<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |      2000 | NS      | $217700.77    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co KGaA                   | Henkel AG & Co KGaA                                   | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EP               | CORP              | DE        |     12663 | NS      | $994326.49    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kubota Corp                           | Kubota Corp                                           | CUSIP: 000000000<br>LEI: 549300CSY4INHEHQQT13 | Long             | EC               | CORP              | JP        |     68553 | NS      | $772146.56    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Ageas SA/NV                           | Ageas SA/NV                                           | CUSIP: 000000000<br>LEI: 5493005DJBML6LY3RV36 | Long             | EC               | CORP              | BE        |      6958 | NS      | $470050.96    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Orkla ASA                             | Orkla ASA                                             | CUSIP: 000000000<br>LEI: 549300PZS8G8RG6RVZ52 | Long             | EC               | CORP              | NO        |     35327 | NS      | $384133.90    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                      | Roche Holding AG                                      | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     14464 | NS      | $4710438.72   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG              | Daimler Truck Holding AG                              | CUSIP: 000000000<br>LEI: 529900PW78JIYOUBSR24 | Long             | EC               | CORP              | DE        |     28071 | NS      | $1328271.37   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                           | Swedbank AB                                           | CUSIP: 000000000<br>LEI: M312WZV08Y7LYUC71685 | Long             | EC               | CORP              | SE        |     49847 | NS      | $1319818.78   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Russel Metals Inc                     | Russel Metals Inc                                     | CUSIP: 781903604<br>LEI: 5493005F9VPHFO17OV54 | Long             | EC               | CORP              | CA        |      3295 | NS      | $106102.99    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Telegraph & Telephone Corp     | Nippon Telegraph & Telephone Corp                     | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |   2462000 | NS      | $2632880.80   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group PLC                          | 3i Group PLC                                          | CUSIP: 000000000<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |     14593 | NS      | $825280.36    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                               | GSK PLC                                               | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     86855 | NS      | $3335232.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire Co Ltd                         | Empire Co Ltd                                         | CUSIP: 291843407<br>LEI: 549300TX0ZUSTEF7C719 | Long             | EC               | CORP              | CA        |      6981 | NS      | $289698.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Tire Corp Ltd                | Canadian Tire Corp Ltd                                | CUSIP: 136681202<br>LEI: 549300RLHDA7VQYMUB14 | Long             | EC               | CORP              | CA        |      1514 | NS      | $206117.47    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics NV                 | STMicroelectronics NV                                 | CUSIP: 861012102<br>LEI: 213800Z8NOHIKRI42W10 | Long             | EC               | CORP              | NL        |     22235 | NS      | $676166.35    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Corp of Canada                  | Power Corp of Canada                                  | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |     37755 | NS      | $1474711.55   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Moller - Maersk A/S                | AP Moller - Maersk A/S                                | CUSIP: 000000000<br>LEI: 549300D2K6PKKKXVNN73 | Long             | EC               | CORP              | DK        |       221 | NS      | $408241.56    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                           | Equinor ASA                                           | CUSIP: 29446M102<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |    153954 | NS      | $3870403.56   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc               | Magna International Inc                               | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     14694 | NS      | $567335.34    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Matthey PLC                   | Johnson Matthey PLC                                   | CUSIP: 000000000<br>LEI: 2138001AVBSD1HSC6Z10 | Long             | EC               | CORP              | GB        |      9588 | NS      | $228474.35    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co KGaA                   | Henkel AG & Co KGaA                                   | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EC               | CORP              | DE        |      3200 | NS      | $231820.69    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia/The               | Bank of Nova Scotia/The                               | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     91609 | NS      | $5063229.43   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson       | Telefonaktiebolaget LM Ericsson                       | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |     37929 | NS      | $321637.92    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                            | Siemens AG                                            | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     10639 | NS      | $1371047.93   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Mining & Smelting Co Ltd       | Mitsui Mining & Smelting Co Ltd                       | CUSIP: 000000000<br>LEI: 35380021EYAHSQM25559 | Long             | EC               | CORP              | JP        |      6100 | NS      | $213450.23    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Suntory Beverage & Food Ltd           | Suntory Beverage & Food Ltd                           | CUSIP: 000000000<br>LEI: 549300FONLMVK7YYYH41 | Long             | EC               | CORP              | JP        |      7000 | NS      | $224089.44    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Corp                           | Subaru Corp                                           | CUSIP: 000000000<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |     10600 | NS      | $185162.32    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Hung Kai Properties Ltd           | Sun Hung Kai Properties Ltd                           | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |     85500 | NS      | $980805.61    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce    | Canadian Imperial Bank of Commerce                    | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |      9443 | NS      | $668847.69    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui & Co Ltd                       | Mitsui & Co Ltd                                       | CUSIP: 000000000<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |    107300 | NS      | $2195848.06   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkeley Group Holdings PLC           | Berkeley Group Holdings PLC                           | CUSIP: 000000000<br>LEI: 2138009OQSSLVVHQAL78 | Long             | EC               | CORP              | GB        |      3811 | NS      | $201923.08    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui Chemical Co Ltd               | Sekisui Chemical Co Ltd                               | CUSIP: 000000000<br>LEI: 529900KQIVT7NWFNMI70 | Long             | EC               | CORP              | JP        |     24000 | NS      | $435318.22    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                      | Deutsche Bank AG                                      | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EC               | CORP              | DE        |     51041 | NS      | $1513315.52   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                     | HSBC Holdings PLC                                     | CUSIP: 404280406<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |     32906 | NS      | $2000355.74   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JDE Peet's NV                         | JDE Peet's NV                                         | CUSIP: 000000000<br>LEI: 724500EHG519SE5ZRT89 | Long             | EC               | CORP              | NL        |      8972 | NS      | $256182.21    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Outokumpu Oyj                         | Outokumpu Oyj                                         | CUSIP: 000000000<br>LEI: 5493009YRUJJDCFF0R80 | Long             | EC               | CORP              | FI        |     41912 | NS      | $172894.67    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp                      | Nitto Denko Corp                                      | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |     27600 | NS      | $535018.92    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol SA                             | Repsol SA                                             | CUSIP: 000000000<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |    107436 | NS      | $1573702.79   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Life Financial Inc                | Sun Life Financial Inc                                | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |     51227 | NS      | $3404034.15   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo SpA                   | Intesa Sanpaolo SpA                                   | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |     79564 | NS      | $458443.44    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG             | Fresenius Medical Care AG                             | CUSIP: 000000000<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |      1690 | NS      | $96849.34     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp                             | ORIX Corp                                             | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |     50700 | NS      | $1147751.81   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmet Oyj                            | Valmet Oyj                                            | CUSIP: 000000000<br>LEI: 213800D9O7FUQDH83V62 | Long             | EC               | CORP              | FI        |     12858 | NS      | $397887.77    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueScope Steel Ltd                   | BlueScope Steel Ltd                                   | CUSIP: 000000000<br>LEI: 529900H6UQI16XACWC95 | Long             | EC               | CORP              | AU        |     24049 | NS      | $365781.71    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Arkema SA                             | Arkema SA                                             | CUSIP: 000000000<br>LEI: 9695000EHMS84KKP2785 | Long             | EC               | CORP              | FR        |      1676 | NS      | $123489.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Schroders PLC                         | Schroders PLC                                         | CUSIP: 000000000<br>LEI: 2138001YYBULX5SZ2H24 | Long             | EC               | CORP              | GB        |     75740 | NS      | $375727.66    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                             | Sanofi SA                                             | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     42673 | NS      | $2061532.63   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Westpac Banking Corp                  | Westpac Banking Corp                                  | CUSIP: 000000000<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | EC               | CORP              | AU        |     10828 | NS      | $241301.61    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA                    | Credit Agricole SA                                    | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |     23031 | NS      | $435833.52    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayerische Motoren Werke AG           | Bayerische Motoren Werke AG                           | CUSIP: 000000000<br>LEI: YEH5ZCD6E441RHVHD759 | Long             | EC               | CORP              | DE        |      8662 | NS      | $769949.21    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                         | Volkswagen AG                                         | CUSIP: 000000000<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EP               | CORP              | DE        |     11479 | NS      | $1211814.35   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellantis NV                         | Stellantis NV                                         | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | EC               | CORP              | NL        |    115996 | NS      | $1162649.02   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp                            | Inpex Corp                                            | CUSIP: 000000000<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |    111500 | NS      | $1567914.31   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Swisscom AG                           | Swisscom AG                                           | CUSIP: 000000000<br>LEI: 5493005SL9HHOXS3B739 | Long             | EC               | CORP              | CH        |       917 | NS      | $650088.22    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui OSK Lines Ltd                  | Mitsui OSK Lines Ltd                                  | CUSIP: 000000000<br>LEI: 353800P8O843TMAZ6S09 | Long             | EC               | CORP              | JP        |     22700 | NS      | $759793.06    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Ono Pharmaceutical Co Ltd             | Ono Pharmaceutical Co Ltd                             | CUSIP: 000000000<br>LEI: 529900G26L4NG4GFJZ86 | Long             | EC               | CORP              | JP        |     45100 | NS      | $488253.19    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Bank NV                      | ABN AMRO Bank NV                                      | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | EC               | CORP              | NL        |     49492 | NS      | $1354871.86   | 0.83%             |  |  |  | Yes           |                  1 | On Loan: No      |
| APERAM SA                             | APERAM SA                                             | CUSIP: 000000000<br>LEI: 5493001136GE6L4R7M63 | Long             | EC               | CORP              | LU        |      2570 | NS      | $83070.02     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV         | Koninklijke Ahold Delhaize NV                         | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |     10191 | NS      | $426159.57    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                             | Nokia Oyj                                             | CUSIP: 654902204<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |     20857 | NS      | $108039.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| J Sainsbury PLC                       | J Sainsbury PLC                                       | CUSIP: 000000000<br>LEI: 213800VGZAAJIKJ9Y484 | Long             | EC               | CORP              | GB        |     93874 | NS      | $373425.02    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| IG Group Holdings PLC                 | IG Group Holdings PLC                                 | CUSIP: 000000000<br>LEI: 2138003A5Q1M7ANOUD76 | Long             | EC               | CORP              | GB        |     21190 | NS      | $309479.79    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Saison Co Ltd                  | Credit Saison Co Ltd                                  | CUSIP: 000000000<br>LEI: 529900SV58ZWTGRH3A66 | Long             | EC               | CORP              | JP        |      1700 | NS      | $46040.07     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Signify NV                            | Signify NV                                            | CUSIP: 000000000<br>LEI: 549300072P3J1X8NZO35 | Long             | EC               | CORP              | NL        |     22827 | NS      | $617911.05    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola HBC AG                      | Coca-Cola HBC AG                                      | CUSIP: 000000000<br>LEI: 549300EFP3TNG7JGVE49 | Long             | EC               | CORP              | CH        |      4407 | NS      | $230114.12    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ITV PLC                               | ITV PLC                                               | CUSIP: 000000000<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | GB        |    392719 | NS      | $444459.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Ltd                     | Sekisui House Ltd                                     | CUSIP: 000000000<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |     29600 | NS      | $654260.62    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ipsen SA                              | Ipsen SA                                              | CUSIP: 000000000<br>LEI: 549300M6SGDPB4Z94P11 | Long             | EC               | CORP              | FR        |      1668 | NS      | $198643.47    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Niterra Co Ltd                        | Niterra Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300RG3XQGTFM4HH31 | Long             | EC               | CORP              | JP        |      7600 | NS      | $253324.54    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WH Group Ltd                          | WH Group Ltd                                          | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |    724500 | NS      | $696816.54    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd                           | Komatsu Ltd                                           | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     48700 | NS      | $1601971.46   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Sojitz Corp                           | Sojitz Corp                                           | CUSIP: 000000000<br>LEI: 5493004SE33MRLPB1W98 | Long             | EC               | CORP              | JP        |     10900 | NS      | $268327.49    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                      | Roche Holding AG                                      | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      1174 | NS      | $406893.94    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Tosoh Corp                            | Tosoh Corp                                            | CUSIP: 000000000<br>LEI: 529900YSLFVJF2MDBX02 | Long             | EC               | CORP              | JP        |     15500 | NS      | $227110.17    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated British Foods PLC          | Associated British Foods PLC                          | CUSIP: 000000000<br>LEI: GBQKSY6W7G0OHCQ8OQ72 | Long             | EC               | CORP              | GB        |     13392 | NS      | $378312.35    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgestone Corp                      | Bridgestone Corp                                      | CUSIP: 000000000<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |     39600 | NS      | $1622443.67   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Raiffeisen Bank International AG      | Raiffeisen Bank International AG                      | CUSIP: 000000000<br>LEI: 9ZHRYM6F437SQJ6OUG95 | Long             | EC               | CORP              | AT        |     15312 | NS      | $466791.87    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Aberdeen Group PLC                    | Aberdeen Group PLC                                    | CUSIP: 000000000<br>LEI: 0TMBS544NMO7GLCE7H90 | Long             | EC               | CORP              | GB        |     80629 | NS      | $207184.30    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                          | ING Groep NV                                          | CUSIP: 456837103<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    139350 | NS      | $3047584.50   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Isuzu Motors Ltd                      | Isuzu Motors Ltd                                      | CUSIP: 000000000<br>LEI: 529900C0QSXVCC7AR494 | Long             | EC               | CORP              | JP        |     33600 | NS      | $427101.84    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Moller - Maersk A/S                | AP Moller - Maersk A/S                                | CUSIP: 000000000<br>LEI: 549300D2K6PKKKXVNN73 | Long             | EC               | CORP              | DK        |       399 | NS      | $741776.20    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                         | Sumitomo Corp                                         | CUSIP: 000000000<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |     50000 | NS      | $1294746.71   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| SSAB AB                               | SSAB AB                                               | CUSIP: 000000000<br>LEI: 529900329VS14ZIML164 | Long             | EC               | CORP              | SE        |     14454 | NS      | $85371.32     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CK Hutchison Holdings Ltd             | CK Hutchison Holdings Ltd                             | CUSIP: 000000000<br>LEI: 254900Z8HM1VEPOQ2G79 | Long             | EC               | CORP              | KY        |    164000 | NS      | $1009076.49   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurizon Holdings Ltd                  | Aurizon Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 5299005PC1O6NOWL3H48 | Long             | EC               | CORP              | AU        |     70790 | NS      | $141169.07    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd                         | Fortescue Ltd                                         | CUSIP: 000000000<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |    144004 | NS      | $1448181.28   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                    | Banco Santander SA                                    | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |    501852 | NS      | $4154059.45   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Oversea-Chinese Banking Corp Ltd      | Oversea-Chinese Banking Corp Ltd                      | CUSIP: 000000000<br>LEI: 5493007O3QFXCPOGWK22 | Long             | EC               | CORP              | SG        |     98300 | NS      | $1260930.40   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                      | TotalEnergies SE                                      | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    102643 | NS      | $6301253.77   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NN Group NV                           | NN Group NV                                           | CUSIP: 000000000<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |      4042 | NS      | $268631.22    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Swire Pacific Ltd                     | Swire Pacific Ltd                                     | CUSIP: 000000000<br>LEI: 549300KZOZHII0DGF611 | Long             | EC               | CORP              | HK        |     28000 | NS      | $239874.14    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| United Overseas Bank Ltd              | United Overseas Bank Ltd                              | CUSIP: 000000000<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |     28700 | NS      | $812583.56    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Panasonic Holdings Corp               | Panasonic Holdings Corp                               | CUSIP: 000000000<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |    168900 | NS      | $1824408.53   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Oil Ltd                      | Imperial Oil Ltd                                      | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |      2733 | NS      | $217114.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                      | Deutsche Post AG                                      | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |     35755 | NS      | $1651432.09   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BPM SpA                         | Banco BPM SpA                                         | CUSIP: 000000000<br>LEI: 815600E4E6DCD2D25E30 | Long             | EC               | CORP              | IT        |     19304 | NS      | $225390.55    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Idemitsu Kosan Co Ltd                 | Idemitsu Kosan Co Ltd                                 | CUSIP: 000000000<br>LEI: 549300P0R46FF6DUA630 | Long             | EC               | CORP              | JP        |     44400 | NS      | $269782.30    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Brother Industries Ltd                | Brother Industries Ltd                                | CUSIP: 000000000<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |     22400 | NS      | $387475.43    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie de Saint-Gobain SA                | Cie de Saint-Gobain SA                                | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |      3454 | NS      | $405399.44    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| IGM Financial Inc                     | IGM Financial Inc                                     | CUSIP: 449586106<br>LEI: 254900RYHLVJNTUFDA95 | Long             | EC               | CORP              | CA        |      5030 | NS      | $158906.26    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                   | Erste Group Bank AG                                   | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |      6274 | NS      | $534330.43    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Adecco Group AG                       | Adecco Group AG                                       | CUSIP: 000000000<br>LEI: NI14Y5UMU60O7JE9P611 | Long             | EC               | CORP              | CH        |     23723 | NS      | $705007.68    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EXOR NV                               | EXOR NV                                               | CUSIP: 000000000<br>LEI: 5493002ENHZ6NYET7405 | Long             | EC               | CORP              | NL        |      3342 | NS      | $336982.47    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Shionogi & Co Ltd                     | Shionogi & Co Ltd                                     | CUSIP: 000000000<br>LEI: 35380049VXDTHZI3DY35 | Long             | EC               | CORP              | JP        |     59500 | NS      | $1071789.17   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Drax Group PLC                        | Drax Group PLC                                        | CUSIP: 000000000<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |     13462 | NS      | $128056.77    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Forestry Co Ltd              | Sumitomo Forestry Co Ltd                              | CUSIP: 000000000<br>LEI: 549300FIIRGO6D5FWR19 | Long             | EC               | CORP              | JP        |     48600 | NS      | $492226.66    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co Ltd                    | Honda Motor Co Ltd                                    | CUSIP: 438128308<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |     97053 | NS      | $2798037.99   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandoz Group AG                       | Sandoz Group AG                                       | CUSIP: 799926100<br>LEI: 5493000JWK6XWFEUD320 | Long             | EC               | CORP              | CH        |      4683 | NS      | $255996.20    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DCC PLC                               | DCC PLC                                               | CUSIP: 000000000<br>LEI: 213800UPS1QEE4TD3T45 | Long             | EC               | CORP              | IE        |      7093 | NS      | $460327.73    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Electric Industries Ltd      | Sumitomo Electric Industries Ltd                      | CUSIP: 000000000<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |     11600 | NS      | $249310.79    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CK Asset Holdings Ltd                 | CK Asset Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 5299006GJZSGP78B8S35 | Long             | EC               | CORP              | KY        |    117000 | NS      | $515697.55    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayerische Motoren Werke AG           | Bayerische Motoren Werke AG                           | CUSIP: 000000000<br>LEI: YEH5ZCD6E441RHVHD759 | Long             | EP               | CORP              | DE        |      1620 | NS      | $134152.09    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TietoEVRY Oyj                         | TietoEVRY Oyj                                         | CUSIP: 000000000<br>LEI: 549300EW2KM4KROKQV31 | Long             | EC               | CORP              | FI        |      4468 | NS      | $84735.64     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Construction Machinery Co Ltd | Hitachi Construction Machinery Co Ltd                 | CUSIP: 000000000<br>LEI: 5493009B7C53PDH8W826 | Long             | EC               | CORP              | JP        |      5300 | NS      | $158258.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Sabadell SA                  | Banco de Sabadell SA                                  | CUSIP: 000000000<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | EC               | CORP              | ES        |    229984 | NS      | $732269.19    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                           | Novartis AG                                           | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     43760 | NS      | $5295397.60   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Unipol Assicurazioni SpA              | Unipol Assicurazioni SpA                              | CUSIP: 000000000<br>LEI: 8156005CE5E7340CCA86 | Long             | EC               | CORP              | IT        |     18108 | NS      | $358882.81    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| iA Financial Corp Inc                 | iA Financial Corp Inc                                 | CUSIP: 45075E104<br>LEI: 549300ZXLJVHQAIXV215 | Long             | EC               | CORP              | CA        |      4417 | NS      | $484240.08    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Yusen KK                       | Nippon Yusen KK                                       | CUSIP: 000000000<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |     37600 | NS      | $1354597.41   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                         | BHP Group Ltd                                         | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    112675 | NS      | $5418540.75   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleperformance SE                    | Teleperformance SE                                    | CUSIP: 000000000<br>LEI: 9695004GI61FHFFNRG61 | Long             | EC               | CORP              | FR        |      1826 | NS      | $177065.21    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                | Mercedes-Benz Group AG                                | CUSIP: 000000000<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |     25055 | NS      | $1466528.47   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Investor AB                           | Investor AB                                           | CUSIP: 000000000<br>LEI: 549300VEBQPHRZBKUX38 | Long             | EC               | CORP              | SE        |      5724 | NS      | $169253.35    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirin Holdings Co Ltd                 | Kirin Holdings Co Ltd                                 | CUSIP: 000000000<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |     77000 | NS      | $1079834.03   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Valeo SE                              | Valeo SE                                              | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | EC               | CORP              | FR        |     44298 | NS      | $484760.17    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd             | Woodside Energy Group Ltd                             | CUSIP: 980228308<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |     20310 | NS      | $313383.30    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-01

**Name of Applicant:** 2023 ETF Series Trust II

**Signature:** Betty Maganzini

**Name of Signer:** Betty Maganzini

**Title:** Treasurer