# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-26-007595
**Filing Date:** 2026-5
**Character Count:** 17145
**Document Hash:** c6adf86b11d6932b1bb34077fc1188fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007595.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007595

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**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:** 261029774

**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 Small Intrinsic Value Fund (Series ID: S000081360)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000244086 | Retail Class Shares |  |

## 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 Small Intrinsic Value Fund

- **b. EDGAR series identifier (if any):** S000081360

- **c. LEI of Series:** 529900YR6QZCLM5S3I59

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

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

- **b. Date as of which information is reported:** 2026-03-31

**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:** $51715469.03

**Total Liabilities:** $729889.34

**Net Assets:** $50985579.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244086 | 6.02%                | 0.97%                | -4.30%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $168503.84               | $2971387.23                                |
| Month 2  | $-660815.91              | $1212323.87                                |
| Month 3  | $-142170.29              | $-2191389.27                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AZZ Inc                           | AZZ INC            | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      4550 | NS      | $569341.50    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports and Outdoors Inc   | ACADEMY SPORTS &   | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     53100 | NS      | $2997495.00   | 5.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology Inc.            | ALKAMI TECHNOLOG   | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |     32600 | NS      | $510842.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks Inc.               | AVIAT NETWORKS I   | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     26100 | NS      | $590121.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc Of California Inc.           | BANC OF CALIFORN   | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    132740 | NS      | $2333569.20   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                          | BANK OZK           | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     39340 | NS      | $1805312.60   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                   | BLUE BIRD CORP     | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     16900 | NS      | $959751.00    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgewater Bancshares Inc.       | BRIDGEWATER BANC   | CUSIP: 108621103<br>LEI: 5493001FLSBTVILKXZ71 | Long             | EC               | CORP              | US        |     75025 | NS      | $1327942.50   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc.            | CINEMARK HOLDING   | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |     31500 | NS      | $898380.00    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Citi Trends Inc.                  | CITI TRENDS INC    | CUSIP: 17306X102<br>LEI: 529900D06Q0FPHV34S87 | Long             | EC               | CORP              | US        |     36700 | NS      | $1589844.00   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc              | CLEVELAND-CLIFFS   | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    126570 | NS      | $1069516.50   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Company         | COMMERCIAL METAL   | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     22850 | NS      | $1403675.50   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper-Standard Holdings Inc.     | COOPER-STANDARD    | CUSIP: 21676P103<br>LEI: 549300VVOH2RQP5YMB08 | Long             | EC               | CORP              | US        |     24700 | NS      | $688389.00    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources Inc.       | CORE NATURAL RES   | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      7400 | NS      | $775002.00    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.              | EAGLE MATERIALS    | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      8850 | NS      | $1676632.50   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.         | FIRST AM-TR OB-X   | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    316296 | PA      | $316295.89    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc                     | GEO GROUP INC/TH   | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |     75700 | NS      | $1272517.00   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion Inc                | GARRETT MOTION INC | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |     65300 | NS      | $1186501.00   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| The Greenbrier Companies, Inc.    | GREENBRIER COS     | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     16000 | NS      | $842400.00    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Operating Corp.   | GULFPORT ENERGY    | CUSIP: 402635502<br>LEI: 549300FJX18IDUFPHD40 | Long             | EC               | CORP              | US        |      7665 | NS      | $1621684.05   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc         | HALOZYME THERAPE   | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     13700 | NS      | $885431.00    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hanover Insurance Group, Inc. | HANOVER INSURANC   | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      5700 | NS      | $988095.00    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Haverty Furniture Cos Inc         | HAVERTY FURNITUR   | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |     67000 | NS      | $1419060.00   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp            | HILLMAN SOLUTION   | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98300 | NS      | $817856.00    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corporation | HORACE MANN EDUC   | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |     15800 | NS      | $674344.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                        | KIRBY CORP         | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      7200 | NS      | $956736.00    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                | KONTOOR BRAND      | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     16800 | NS      | $1180872.00   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Madden(Steven)Ltd.                | STEVEN MADDEN      | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     24000 | NS      | $814080.00    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Company         | MATADOR RESOURCE   | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     23600 | NS      | $1491048.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Maxlinear Inc                     | MAXLINEAR          | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |     57700 | NS      | $1003403.00   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Myers Industries Inc.             | MYERS INDS INC     | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |     37700 | NS      | $798486.00    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp.                  | NCR ATLEOS CORP    | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |     23400 | NS      | $1019772.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc.           | PATRICK INDS INC   | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |      5600 | NS      | $621992.00    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.            | POWELL INDS INC    | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      2670 | NS      | $1444683.60   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.           | PRIMORIS SERVICE   | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     10500 | NS      | $1501920.00   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc  | RYMAN HOSPITALIT   | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      6400 | NS      | $590528.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                 | SHOE CARNIVAL      | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53318 | NS      | $831227.62    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Stratus Properties Inc.           | STRATUS PROP       | CUSIP: 863167201<br>LEI: 5493008I6ZRDZWT8ZZ15 | Long             | EC               | CORP              | US        |     41700 | NS      | $1272684.00   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp         | TAYLOR MORRISON    | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     19475 | NS      | $1134224.00   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.    | TEXAS CAPITAL BA   | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     17850 | NS      | $1693608.00   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc             | TRIUMPH FINANCIA   | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     21360 | NS      | $1274337.60   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vox Royalty Corp.                 | VOX ROYALTY CORP   | CUSIP: 92919F103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    184400 | NS      | $966256.00    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp.                   | WHIRLPOOL CORP     | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     11600 | NS      | $625472.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Limited       | TOWER SEMICONDCT   | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |      7000 | NS      | $1228360.00   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Navigator Holdings Ltd.           | NAVIGATOR HOLDIN   | CUSIP: Y62132108<br>LEI: 213800H7RVOFYARK2W19 | Long             | EC               | CORP              | MH        |     67660 | NS      | $1307867.80   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer