# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0001752724-25-180931
**Filing Date:** 2025-7
**Character Count:** 6510
**Document Hash:** 8c03d213d5ecb30f03cb8ec865193116
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180931.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180931

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**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:** 251156715

**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

### GGM Macro Alignment ETF (Series ID: S000081846)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000245003 | GGM Macro Alignment ETF | GGM             |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **GGM MACRO ALIGNMENT ETF** | **GGM MACRO ALIGNMENT ETF** | **GGM MACRO ALIGNMENT ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **May 31, 2025** | **May 31, 2025** | **May 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 100.0%** |  |
|  | **EQUITY - 100.0%** |  |
| 46707 | Consumer Staples Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; $3868741 |
| 26407 | Health Care Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 3502624 |
| 32819 | Invesco Aerospace & Defense ETF | &nbsp;&nbsp;&nbsp; 4379039 |
| 41690 | SPDR Bloomberg 1-3 Month T-Bill ETF | &nbsp;&nbsp;&nbsp; 3824641 |
| 48991 | Utilities Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 4013343 |
|  |  | &nbsp;&nbsp; 19588388 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $18,977,414)** | &nbsp;&nbsp; 19588388 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $18,977,414)** | &nbsp;&nbsp;&nbsp; $19588388 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - 0.0%** | &nbsp;&nbsp; (3813) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $19584575 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| SPDR | - Standard & Poor's Depositary Receipt |

---

## 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:** GGM Macro Alignment ETF

- **b. EDGAR series identifier (if any):** S000081846

- **c. LEI of Series:** 52990034DSOKM29B9C16

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $19598923.81

**Total Liabilities:** $14349.13

**Net Assets:** $19584574.68

**Cash Not Reported:** $10536.03

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000245003 | -4.68%               | -0.89%               | 1.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1571293.04             | $517481.34                                 |
| Month 2  | $-293352.33              | $118431.48                                 |
| Month 3  | $0.00                    | $371396.35                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Select Sector Spdr Trust           | SPDR-HEALTH CARE          | CUSIP: 81369Y209<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     26407 | NS      | $3502624.48   | 17.88%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust                  | SPDR BLOOMBERG 1          | CUSIP: 78468R663<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     41690 | NS      | $3824640.60   | 19.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust           | SPDR-CONS STAPLE          | CUSIP: 81369Y308<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     46707 | NS      | $3868740.81   | 19.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Select Sector Spdr Trust           | SPDR-UTIL SELECT          | CUSIP: 81369Y886<br>LEI: 5493008JJKIPMEX3CO91 | Long             | EC               | RF                | US        |     48991 | NS      | $4013342.72   | 20.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange-Traded Fund Trust | INVESCO AEROSPACE & DEFEN | CUSIP: 46137V100<br>LEI: QPT4TMG79RF3UWNU0R52 | Long             | EC               | RF                | US        |     32819 | NS      | $4379039.17   | 22.36%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer