# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001145549-23-009159
**Filing Date:** 2023-2
**Character Count:** 20811
**Document Hash:** ec56c03debf9485fb50544a9f59b7dbb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-009159.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001145549-23-009159

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 23663134

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Variable Portfolio - Partners International Core Equity Fund (Series ID: S000028687)

| Class ID   | Class Name                                                           | Ticker Symbol   |
|:---|:---|:---|
| C000087792 | Variable Portfolio - Partners International Core Equity Fund Class 1 |  |
| C000087793 | Variable Portfolio - Partners International Core Equity Fund Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Variable Portfolio - Partners International Core Equity Fund

- **b. EDGAR series identifier (if any):** S000028687

- **c. LEI of Series:** R7Z4YRZLDZ6NCQHFVI59

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $1800908656.13

**Total Liabilities:** $1607332.43

**Net Assets:** $1799301323.70

**Cash Not Reported:** $256015.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000087792 | 7.20%                | 12.94%               | -3.08%               |
| Class ID C000087793 | 7.28%                | 12.81%               | -3.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-32872570.93            | $149532627.67                              |
| Month 2  | $9181426.46              | $210531380.26                              |
| Month 3  | $-2030761.18             | $-55112547.91                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ASTRAZENECA PLC                           | AstraZeneca PLC                           | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    435785 | NS      | $58970157.15  | 3.28%             |  |  |  | No            |                  2 | On Loan: No      |
| BAYERISCHE MOTOREN WERKE AG               | Bayerische Motoren Werke AG               | CUSIP: 000000000<br>LEI: YEH5ZCD6E441RHVHD759 | Long             | EC               | CORP              | DE        |    252158 | NS      | $22324826.67  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML HOLDING NV                           | ASML Holding NV                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     85873 | NS      | $46822434.50  | 2.60%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                      | Booking Holdings Inc                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     20765 | NS      | $41847289.20  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIDGESTONE CORP                          | Bridgestone Corp                          | CUSIP: 000000000<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |   1029800 | NS      | $36462208.42  | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BUNZL PLC                                 | Bunzl PLC                                 | CUSIP: 000000000<br>LEI: 213800Q1Q9DV4L78UM09 | Long             | EC               | CORP              | GB        |    850462 | NS      | $28295008.99  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| BURBERRY GROUP PLC                        | Burberry Group PLC                        | CUSIP: 000000000<br>LEI: 213800PE1KEFCNFR1R50 | Long             | EC               | CORP              | GB        |   1213211 | NS      | $29495787.03  | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN NTL RAIL CO                      | Canadian National Railway Co              | CUSIP: 000000000<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |    253834 | NS      | $30152629.66  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CARREFOUR                                 | Carrefour SA                              | CUSIP: 000000000<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | EC               | CORP              | FR        |   1660774 | NS      | $27778028.85  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND             | COLUMBIA SHORT TERM CASH FUND             | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  10945389 | NS      | $10942105.37  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC                                | Diageo PLC                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |   1022588 | NS      | $44760593.88  | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ERSTE GROUP BANK AG                       | Erste Group Bank AG                       | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |   1006047 | NS      | $32188715.12  | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC BANK LTD                             | HDFC Bank Ltd                             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    523207 | NS      | $35792590.87  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCHE HOLDING AG                          | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    183664 | NS      | $57714126.46  | 3.21%             |  |  |  | No            |                  2 | On Loan: No      |
| IBERDROLA SA                              | Iberdrola SA                              | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |   3369995 | NS      | $39339644.66  | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| INFINEON TECHNOLOGIES AG                  | Infineon Technologies AG                  | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |   1314221 | NS      | $39941709.19  | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI CORP                                 | KDDI Corp                                 | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |   1005400 | NS      | $30490660.86  | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| KEYENCE CORP                              | Keyence Corp                              | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |    101700 | NS      | $39484494.36  | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| LEGRAND SA                                | Legrand SA                                | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |    380791 | NS      | $30532481.84  | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| LINDT & SPRUENGLI AG                      | Chocoladefabriken Lindt & Spruengli AG    | CUSIP: 000000000<br>LEI: 529900JYJNNOKKAGK736 | Long             | EC               | CORP              | CH        |      3672 | NS      | $37417825.94  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| LONZA GROUP AG                            | Lonza Group AG                            | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |     66515 | NS      | $32650580.64  | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| LULULEMON ATHLETICA INC                   | Lululemon Athletica Inc                   | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     93105 | NS      | $29828979.90  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                          | MercadoLibre Inc                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     40402 | NS      | $34189788.48  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP            | Mitsubishi UFJ Financial Group Inc        | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |   7728000 | NS      | $51881283.04  | 2.88%             |  |  |  | No            |                  2 | On Loan: No      |
| NESTLE SA                                 | Nestle SA                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    608365 | NS      | $70271896.72  | 3.91%             |  |  |  | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER GROUP PLC               | Reckitt Benckiser Group PLC               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    604707 | NS      | $41916092.99  | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                  | RELX PLC                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |   1141059 | NS      | $31548036.27  | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| SMC CORP (JAPAN)                          | SMC Corp/Japan                            | CUSIP: 000000000<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |     78700 | NS      | $32861485.07  | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                | Samsung Electronics Co Ltd                | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    811378 | NS      | $35614012.06  | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| SANOFI SA                                 | Sanofi                                    | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    359804 | NS      | $34694671.59  | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                    | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    545083 | NS      | $56274770.85  | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SIEMENS AG                                | Siemens AG                                | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |    392591 | NS      | $54119188.83  | 3.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SONY GROUP CORP                           | Sony Corp                                 | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    531900 | NS      | $40542280.15  | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUINOR ASA                               | Statoil ASA                               | CUSIP: 000000000<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | NUSS              | NO        |    912178 | NS      | $32783929.27  | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    325670 | NS      | $24259158.30  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TORONTO-DOMINION BANK/THE                 | Toronto-Dominion Bank/The                 | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |    511246 | NS      | $33102612.13  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                     | Schneider Electric SE                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |    338416 | NS      | $47439722.33  | 2.64%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                             | AIA Group Ltd                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |   5355000 | NS      | $59137362.04  | 3.29%             |  |  |  | No            |                  2 | On Loan: No      |
| NMC HEALTH PLC                            | NMC Health PLC                            | CUSIP: 000000000<br>LEI: 2138008YQEVWBE1V2M52 | Long             | EC               | CORP              | GB        |    293698 | NS      | $0.35         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| NATIONAL GRID PLC                         | National Grid PLC                         | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |   2375724 | NS      | $28459646.88  | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| SIKA AG                                   | SIKA AG                                   | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |     89377 | NS      | $21486518.37  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DR ING HC F PORSCHE AG                    | Dr Ing hc F Porsche AG                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | DE        |    309325 | NS      | $31215083.58  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| TESCO PLC                                 | Tesco PLC                                 | CUSIP: 000000000<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |   2707255 | NS      | $7295698.21   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| VESTAS WIND SYSTEMS A/S                   | Vestas Wind Systems A/S                   | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |   1469229 | NS      | $42858383.66  | 2.38%             |  |  |  | No            |                  2 | On Loan: No      |
| NIBE INDUSTRIER AB                        | Nibe Industrier AB                        | CUSIP: 000000000<br>LEI: 549300ZQH0FIF1P0MX67 | Long             | EC               | CORP              | SE        |    792087 | NS      | $7393167.07   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                   | GSK PLC                                   | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |   1738235 | NS      | $30042324.05  | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| FINECOBANK BANCA FINECO SPA               | FinecoBank Banca Fineco SpA               | CUSIP: 000000000<br>LEI: 549300L7YCATGO57ZE10 | Long             | EC               | CORP              | IT        |   2211009 | NS      | $36716282.98  | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                 | Shell PLC                                 | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1870517 | NS      | $53042979.01  | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| RECRUIT HOLDINGS CO LTD                   | Recruit Holdings Co Ltd                   | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    908300 | NS      | $28431586.42  | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                  | Svenska Handelsbanken AB                  | CUSIP: 000000000<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EC               | CORP              | SE        |   3514483 | NS      | $35383795.71  | 1.97%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

**Name of Applicant:** Columbia Funds Variable Series Trust II

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer