# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0001387131-23-004203
**Filing Date:** 2023-3
**Character Count:** 13191
**Document Hash:** 8a6e8bc30746cca4117fc9558285b9f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-004203.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001387131-23-004203

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 23780433

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### The Meet Kevin Pricing Power ETF (Series ID: S000077894)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000238525 | The Meet Kevin Pricing Power ETF | PP              |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **The Meet Kevin Pricing Power ETF** | **The Meet Kevin Pricing Power ETF** | **The Meet Kevin Pricing Power ETF** |
| **SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited)** | **SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited)** | **SCHEDULE OF INVESTMENTS at January 31, 2023 (Unaudited)** |
|  | **Shares** | **Value** |
| **Common Stocks - 85.1%** | | |
| **Aerospace & Defense - 4.7%** | | |
| Embraer SA - ADR <sup>(1)</sup> | 61309 | $790273 |
| **Advertising - 8.0%** |  |  |
| The Trade Desk, Inc. - Class A <sup>(1)</sup> | 26610 | 1349127 |
| **Auto Manufacturers - 24.7%** |  |  |
| Tesla, Inc. <sup>(1)</sup> | 23940 | 4146887 |
| **Computers - 11.9%** |  |  |
| Apple, Inc. | 13780 | 1988316 |
| **Electrical Components & Equipment - 3.6%** |  |  |
| Generac Holdings, Inc. <sup>(1)</sup> | 5050 | 609030 |
| **Energy - Alternate Sources - 7.4%** |  |  |
| Enphase Energy, Inc. <sup>(1)</sup> | 3608 | 798739 |
| SolarEdge Technologies, Inc. <sup>(1)</sup> | 1357 | 433059 |
|  |  | 1231798 |
| **Internet - 2.0%** |  |  |
| Etsy, Inc. <sup>(1)</sup> | 2416 | 332393 |
| **Semiconductors - 20.8%** |  |  |
| Advanced Micro Devices, Inc. <sup>(1)</sup> | 10730 | 806360 |
| ASML Holding NV - NYRS | 1197 | 791025 |
| Intel Corp. | 11729 | 331462 |
| NVIDIA Corp. | 4048 | 790858 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 8366 | 775779 |
|  |  | 3495484 |
| **Software - 2.0%** |  |  |
| Autodesk, Inc. <sup>(1)</sup> | 1552 | 333929 |
| **Total Common Stocks** |  |  |
| (Cost $12,715,615) |  | 14277237 |
| **Exchange Traded Funds - 14.7%** |  |  |
| US Treasury 2 Year Note ETF | 50277 | 2469103 |
| **Total Exchange Traded Funds** |  |  |
| (Cost $2,465,193) |  | 2469103 |
| **Short-Term Investments - 0.3%** |  |  |
| **Money Market Funds** |  |  |
| First American Government Obligations Fund, Class X, 4.140% <sup>(2)</sup> | 47251 | 47251 |
| **Total Short-Term Investments** |  |  |
| (Cost $47,251) |  | 47251 |
| **Total Investments in Securities - 100.1%** |  |  |
| (Cost $15,228,059) |  | 16793591 |
| Liabilities in Excess of Other Assets - (0.1)% |  | (8682) |
| **Total Net Assets - 100.0%** |  | $16784909 |

---

---

| | |
|:---|:---|
| ADR <br>| American Depositary Receipt |
| NYRS <br>| New York Registry Shares |
| <sup>(1)</sup>  | Non-income producing security. |
| <sup>(2)</sup>  | The rate shown is the annualized seven-day effective yield as of January 31, 2023. |

---

------

---

| |
|:---|
| **Summary of Fair Value Exposure at January 31, 2023 (Unaudited)** |
| The Meet Kevin Pricing Power ETF (the "Fund") utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: |
| • Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.<br> • Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data.<br> • Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. |
| The following is a summary of the inputs used to value the Fund's investments as of January 31, 2023: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks <sup>(1)</sup> | $14277237 | $- | $- | $14277237 |
| Exchage Traded Funds <sup>(1)</sup> | 2469103 | - | - | 2469103 |
| Short-Term Investments | 47251 | - | - | 47251 |
| Total Investments in Securities | $16793591 | $- | $- | $16793591 |
| <sup>(1)</sup> See Schedule of Investments for the industry breakout. |  |  |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

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

- **a. Name of Series:** The Meet Kevin Power Pricing ETF

- **b. EDGAR series identifier (if any):** S000077894

- **c. LEI of Series:** 549300Y6D5V9RGURAY23

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

- **a. Date of fiscal year-end:** 2023-10-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $19029880.48

**Total Liabilities:** $2244942.77

**Net Assets:** $16784937.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238525 | 3.90%                | -15.45%              | 19.42%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-526.60                 | $43761.89                                  |
| Month 2  | $-51298.93               | $-1256662.14                               |
| Month 3  | $-49435.90               | $2774395.99                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     10730 | NS      | $806359.50    | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     13780 | NS      | $1988316.20   | 11.85%            |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      1552 | NS      | $333928.32    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                     | Embraer SA                                 | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |     61309 | NS      | $790273.01    | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc             | Enphase Energy Inc                         | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      2996 | NS      | $663254.48    | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                       | Etsy Inc                                   | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |      2416 | NS      | $332393.28    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     47251 | NS      | $47251.43     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc           | Generac Holdings Inc                       | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      5050 | NS      | $609030.00    | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     11729 | NS      | $331461.54    | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      4048 | NS      | $790857.76    | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RBB FD INC US TREASY 2 YR      | RBB FD INC US TREASY 2 YR                  | CUSIP: 74933W486<br>LEI: N/A                  | Long             | EC               | RF                | US        |     51809 | NS      | $2544339.99   | 15.16%            |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc     | SolarEdge Technologies Inc                 | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | IL        |      1357 | NS      | $433059.41    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      8366 | NS      | $775779.18    | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     24361 | NS      | $4219812.42   | 25.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The             | Trade Desk Inc/The                         | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     26610 | NS      | $1349127.00   | 8.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                | ASML Holding NV                            | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1197 | NS      | $791025.48    | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-28

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Assistant Treasurer