# EDGAR Filing Document

**Accession Number:** 0001981627
**File Stem:** 0001752724-25-205896
**Filing Date:** 2025-8
**Character Count:** 15431
**Document Hash:** 5ea3f80e52b6d77316d67dd393b3fc28
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205896.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205896

**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:** 251257023

**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 Quality ETF (Series ID: S000088548)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000254840 | GMO International Quality ETF | QLTI            |

## 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 Quality ETF

- **b. EDGAR series identifier (if any):** S000088548

- **c. LEI of Series:** 5299006RII6HDBNJJG50

**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:** $55188744.90

**Total Liabilities:** $25153.54

**Net Assets:** $55163591.36

**Cash Not Reported:** $11410.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254840 | 4.30%                | 3.97%                | 0.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-169030.83              | $1520287.12                                |
| Month 2  | $14875.07                | $1358034.12                                |
| Month 3  | $758.73                  | $347721.51                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| L'Oreal SA                                | L'Oreal SA                                            | CUSIP: 502117203<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |     24547 | NS      | $2099013.97   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone Oyj                                  | Kone Oyj                                              | CUSIP: 000000000<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |     16738 | NS      | $1101760.14   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                             | Beiersdorf AG                                         | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      3784 | NS      | $475155.14    | 0.86%             |  |  |  | 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        |    618727 | NS      | $618726.97    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                                   | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |     31433 | NS      | $2646655.85   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                | Diageo PLC                                            | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     13429 | NS      | $1354180.36   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                 | Safran SA                                             | CUSIP: 786584102<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     31047 | NS      | $2535608.49   | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                            | Air Liquide SA                                        | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     41615 | NS      | $1718699.50   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                              | Unilever PLC                                          | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     34059 | NS      | $2083389.03   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                        | Tokyo Electron Ltd                                    | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |      4300 | NS      | $826526.86    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                                       | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      2881 | NS      | $2308804.59   | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil SA             | Industria de Diseno Textil SA                         | CUSIP: 000000000<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |     45716 | NS      | $2379145.66   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry Group PLC                           | Kerry Group PLC                                       | CUSIP: 000000000<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |     14486 | NS      | $1599730.60   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                          | Novo Nordisk A/S                                      | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     29621 | NS      | $2044441.42   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE       | LVMH Moet Hennessy Louis Vuitton SE                   | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     19522 | NS      | $2050981.32   | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                 | Shin-Etsu Chemical Co Ltd                             | CUSIP: 824551105<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |     83862 | NS      | $1382884.38   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                             | Assa Abloy AB                                         | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |     36980 | NS      | $1153853.86   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                                      | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     41267 | NS      | $1682042.92   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV      | Fomento Economico Mexicano SAB de CV                  | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |     10621 | NS      | $1093750.58   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                 | Nestle SA                                             | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     19394 | NS      | $1926212.08   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA                                      | CUSIP: 714264306<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     36000 | NS      | $721440.00    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoya Corp                                 | Hoya Corp                                             | CUSIP: 000000000<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |      8600 | NS      | $1024499.15   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMerieux                                | BioMerieux                                            | CUSIP: 000000000<br>LEI: 549300AK8Y0LBIQ4T071 | Long             | EC               | CORP              | FR        |      6363 | NS      | $879948.22    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                         | Compass Group PLC                                     | CUSIP: 20449X401<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     60931 | NS      | $2103338.12   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                    | SAP SE                                                | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     10492 | NS      | $3190617.20   | 5.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                            | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    211424 | NS      | $2192466.88   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Knorr-Bremse AG                           | Knorr-Bremse AG                                       | CUSIP: 000000000<br>LEI: 5299001GRRO0Z25YZT52 | Long             | EC               | CORP              | DE        |     13326 | NS      | $1287969.24   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                      | Dassault Systemes SE                                  | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     48377 | NS      | $1751171.13   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd             | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     13115 | NS      | $2970416.35   | 5.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sartorius Stedim Biotech                  | Sartorius Stedim Biotech                              | CUSIP: 000000000<br>LEI: 52990006IVXY7GCSSR39 | Long             | EC               | CORP              | FR        |      3396 | NS      | $811264.98    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                                  | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     21672 | NS      | $1249824.24   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                               | Novartis AG                                           | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     14955 | NS      | $1809704.55   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Davide Campari-Milano NV                  | Davide Campari-Milano NV                              | CUSIP: 000000000<br>LEI: 213800ED5AN2J56N6Z02 | Long             | EC               | CORP              | NL        |    114893 | NS      | $772781.60    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd                              | Brambles Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     83850 | NS      | $1292453.65   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** Betty Maganzini

**Name of Signer:** Betty Maganzini

**Title:** Treasurer