# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-25-004259
**Filing Date:** 2025-11
**Character Count:** 16478
**Document Hash:** 9d3a0fda975de464326ff9308eb97527
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-004259.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000910472-25-004259

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 251527056

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### Hodges Fund (Series ID: S000081358)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000244083 | Retail Class |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST II

- **b. Investment Company Act file number:** 811-22549

- **c. CIK number of Registrant:** 0001518042

- **d. LEI of Registrant:** 549300TH7YXW5G2QY588

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Hodges Fund

- **b. EDGAR series identifier (if any):** S000081358

- **c. LEI of Series:** 529900X2HQNDIZRTJZ60

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $231464309.14

**Total Liabilities:** $1600947.14

**Net Assets:** $229863362.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244083 | 2.49%                | 7.42%                | 1.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2834566.13              | $3068043.34                                |
| Month 2  | $-411655.20              | $13491549.40                               |
| Month 3  | $183353.26               | $3302162.23                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Palantir Technologies Inc                    | PALANTIR TECHN-A      | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     65000 | NS      | $11857300.00  | 5.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RH                                           | RH                    | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Long             | EC               | CORP              | US        |     15000 | NS      | $3047400.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc.                              | DRAFTKINGS INC        | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |    225000 | NS      | $8415000.00   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                       | MICRON TECH           | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     40000 | NS      | $6692800.00   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc                         | CLEVELAND-CLIFFS      | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    525000 | NS      | $6405000.00   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc Of California Inc.                      | BANC OF CALIFORN      | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    300000 | NS      | $4965000.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                             | CLEAR SECURE I-A      | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    225000 | NS      | $7510500.00   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                         | EAGLE MATERIALS       | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     20000 | NS      | $4660800.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Limited                        | GENIUS SPORTS LT      | CUSIP: G3934V109<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |    600000 | NS      | $7428000.00   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint Inc.                               | SAILPOINT INC         | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220000 | NS      | $4857600.00   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                                | ON HOLDING AG-A       | CUSIP: H5919C104<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |    150000 | NS      | $6352500.00   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                            | KNIFE RIVER           | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40000 | NS      | $3074800.00   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPS ETF Trust                               | ALPS MEDICAL BRE      | CUSIP: 00162Q593<br>LEI: 549300VF1907NYC4WM31 | Long             | EC               | RF                | US        |     50000 | NS      | $1942950.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.               | HEWLETT PACKA         | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    200000 | NS      | $4912000.00   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                    | FIRST AM-TR OB-X      | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1769976 | PA      | $1769976.31   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                        | FREEPORT-MCMORAN      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    185000 | NS      | $7255700.00   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                     | BANK OZK              | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     65000 | NS      | $3313700.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc                                | GEO GROUP INC/TH      | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |    340000 | NS      | $6966600.00   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | BA US 01/16/26 C175   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       650 | NC      | $2986750.00   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Kirby Corp                                   | KIRBY CORP            | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     30000 | NS      | $2503500.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.                       | POWELL INDS INC       | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |     20000 | NS      | $6096200.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | GOOG US 03/20/26 C200 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       300 | NC      | $1559400.00   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Expand Energy Corp.                          | EXPAND ENERGY CO      | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     50000 | NS      | $5312000.00   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA CORP           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     35000 | NS      | $6530300.00   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                    | TESLA INC             | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     15000 | NS      | $6670800.00   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | TTWO US 01/16/26 C200 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       500 | NC      | $3100000.00   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Matador Resources Company                    | MATADOR RESOURCE      | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    185000 | NS      | $8312050.00   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMIC-ADR      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     24800 | NS      | $6926392.00   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                | OWENS CORNING         | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     25000 | NS      | $3536500.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.                      | SPOTIFY TECHNOLO      | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |     10000 | NS      | $6980000.00   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Stitch Fix Inc                               | STITCH FIX INC-A      | CUSIP: 860897107<br>LEI: 549300TNHOVBOJZIYE72 | Long             | EC               | CORP              | US        |   1250000 | NS      | $5437500.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | MSFT US 01/16/26 C425 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       200 | NC      | $2017000.00   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Sharkninja Inc.                              | SHARKNINJA INC        | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     85000 | NS      | $8767750.00   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation               | TEXAS PACIFIC LA      | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9000 | NS      | $8402760.00   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corporation             | CARPENTER TECH        | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     15000 | NS      | $3683100.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc.                       | GILDAN ACTIVEWEA      | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     50000 | NS      | $2890000.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                       | CYBERARK SOFTWAR      | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      7500 | NS      | $3623625.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | UNH US 01/16/26 C250  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |       325 | NC      | $3220425.00   | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Terawulf Inc                                 | TERAWULF INC          | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |   1025000 | NS      | $11705500.00  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                        | UBER TECHNOLOGIE      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    150000 | NS      | $14695500.00  | 6.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Limited                         | WYNN RESORTS LTD      | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     25000 | NS      | $3206750.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST II

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer