# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-26-002811
**Filing Date:** 2026-2
**Character Count:** 18079
**Document Hash:** 22765804dd1c5124d3eca44fed73424f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002811.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002811

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**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:** 26683570

**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 Blue Chip Equity Income Fund (Series ID: S000081357)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000244082 | Retail Class Shares |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **HODGES BLUE CHIP EQUITY INCOME FUND** | **HODGES BLUE CHIP EQUITY INCOME FUND** | **HODGES BLUE CHIP EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.7%** |  |
|  | **AEROSPACE & DEFENSE - 2.3%** |  |
| 8000 | RTX Corporation | &nbsp;&nbsp;&nbsp; $1467200 |
|  | **BANKING - 14.8%** |  |
| 38000 | Bank of America Corporation | &nbsp;&nbsp;&nbsp; 2090000 |
| 23000 | Citigroup, Inc. | &nbsp;&nbsp;&nbsp; 2683870 |
| 6500 | JPMorgan Chase & Company | &nbsp;&nbsp;&nbsp; 2094430 |
| 25000 | Wells Fargo & Company | &nbsp;&nbsp;&nbsp; 2330000 |
|  |  | &nbsp;&nbsp; 9198300 |
|  | **BIOTECH & PHARMA - 6.8%** |  |
| 8000 | AbbVie, Inc. | &nbsp;&nbsp;&nbsp; 1827920 |
| 1250 | Eli Lilly & Company | &nbsp;&nbsp;&nbsp; 1343350 |
| 10000 | Merck & Company, Inc. | &nbsp;&nbsp;&nbsp; 1052600 |
|  |  | &nbsp;&nbsp; 4223870 |
|  | **DIVERSIFIED INDUSTRIALS - 2.6%** |  |
| 10000 | 3M Company | &nbsp;&nbsp;&nbsp; 1601000 |
|  | **E-COMMERCE DISCRETIONARY - 3.3%** |  |
| 9000 | Amazon.com, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2077380 |
|  | **ELECTRIC UTILITIES - 2.6%** |  |
| 10000 | Vistra Corporation | &nbsp;&nbsp;&nbsp; 1613300 |
|  | **HEALTH CARE FACILITIES & SERVICES - 2.6%** |  |
| 5000 | UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp; 1650550 |
|  | **HOME & OFFICE PRODUCTS - 2.9%** |  |
| 25000 | Whirlpool Corporation | &nbsp;&nbsp;&nbsp; 1803500 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 7.6%** |  |
| 2750 | Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;&nbsp; 2417250 |

---

---

| | | |
|:---|:---|:---|
| **HODGES BLUE CHIP EQUITY INCOME FUND** | **HODGES BLUE CHIP EQUITY INCOME FUND** | **HODGES BLUE CHIP EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.7% (Continued)** |  |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 7.6% (Continued)** |  |
| 13000 | Morgan Stanley | &nbsp;&nbsp;&nbsp; $2307890 |
|  |  | &nbsp;&nbsp; 4725140 |
|  | **INSURANCE - 1.8%** |  |
| 2250 | Berkshire Hathaway, Inc., Class B<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1130962 |
|  | **INTERNET MEDIA & SERVICES - 3.2%** |  |
| 3000 | Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp; 1980270 |
|  | **OIL & GAS PRODUCERS - 2.4%** |  |
| 20000 | ONEOK, Inc. | &nbsp;&nbsp;&nbsp; 1470000 |
|  | **RETAIL - CONSUMER STAPLES - 7.9%** |  |
| 2250 | Costco Wholesale Corporation | &nbsp;&nbsp;&nbsp; 1940265 |
| 27000 | Walmart, Inc. | &nbsp;&nbsp;&nbsp; 3008070 |
|  |  | &nbsp;&nbsp; 4948335 |
|  | **RETAIL - DISCRETIONARY - 2.2%** |  |
| 4000 | Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp; 1376400 |
|  | **SEMICONDUCTORS - 16.2%** |  |
| 10000 | Broadcom, Inc. | &nbsp;&nbsp;&nbsp; 3461000 |
| 22500 | NVIDIA Corporation | &nbsp;&nbsp;&nbsp; 4196250 |
| 8000 | Taiwan Semiconductor Manufacturing Company Ltd. - ADR | &nbsp;&nbsp;&nbsp; 2431120 |
|  |  | &nbsp;&nbsp; 10088370 |
|  | **SOFTWARE - 3.9%** |  |
| 5000 | Microsoft Corporation | &nbsp;&nbsp;&nbsp; 2418100 |
|  | **SPECIALTY FINANCE - 4.2%** |  |
| 7000 | American Express Company | &nbsp;&nbsp;&nbsp; 2589650 |
|  | **TECHNOLOGY HARDWARE - 5.2%** |  |
| 12000 | Apple, Inc. | &nbsp;&nbsp;&nbsp; 3262320 |

---

---

| | | |
|:---|:---|:---|
| **HODGES BLUE CHIP EQUITY INCOME FUND** | **HODGES BLUE CHIP EQUITY INCOME FUND** | **HODGES BLUE CHIP EQUITY INCOME FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.7% (Continued)** |  |
|  | **TRANSPORTATION & LOGISTICS - 3.3%** |  |
| 9000 | Union Pacific Corporation | &nbsp;&nbsp;&nbsp; $2081880 |
|  | **TRANSPORTATION EQUIPMENT - 2.9%** |  |
| 3500 | Cummins, Inc. | &nbsp;&nbsp;&nbsp; 1786575 |
|  | **TOTAL COMMON STOCKS (Cost $35,569,016)** | &nbsp;&nbsp; 61493102 |
|  | **SHORT-TERM INVESTMENTS — 1.3%** |  |
|  | **MONEY MARKET FUNDS - 1.3%** |  |
| 800164 | First American Treasury Obligations Fund, Class X, 3.68% (Cost $800,164)<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 800164 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $36,369,180)** | &nbsp;&nbsp;&nbsp; $62293266 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS – (0.0)%**<sup>(c)</sup> | &nbsp;&nbsp; (6358) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $62286908 |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| Ltd. | - Limited Company |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven day effective yield as of December 31, 2025.

<sup>(c)</sup> Amount represents less than 0.05%.

## 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 Blue Chip Equity Income Fund

- **b. EDGAR series identifier (if any):** S000081357

- **c. LEI of Series:** 529900N63N83P02HF594

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $62350102.94

**Total Liabilities:** $63194.63

**Net Assets:** $62286908.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244082 | 2.06%                | 1.50%                | 0.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $658429.90               | $546141.60                                 |
| Month 2  | $-211727.60              | $1108956.77                                |
| Month 3  | $12029.80                | $40038.80                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie Inc.                                  | ABBVIE INC       | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      8000 | NS      | $1827920.00   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | AMAZON.COM INC   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9000 | NS      | $2077380.00   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                     | AMERICAN EXPRESS | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      7000 | NS      | $2589650.00   | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                   | APPLE INC        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     12000 | NS      | $3262320.00   | 5.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | BANK OF AMERICA  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     38000 | NS      | $2090000.00   | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                      | BERKSHIRE HATH-B | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2250 | NS      | $1130962.50   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                 | BROADCOM INC     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     10000 | NS      | $3461000.00   | 5.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     23000 | NS      | $2683870.00   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                 | COSTCO WHOLESALE | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      2250 | NS      | $1940265.00   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                 | CUMMINS INC      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      3500 | NS      | $1786575.00   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | META PLATFORMS-A | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3000 | NS      | $1980270.00   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                    | FIRST AM-TR OB-X | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    800164 | PA      | $800163.82    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                    | GOLDMAN SACHS GP | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2750 | NS      | $2417250.00   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                              | HOME DEPOT INC   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4000 | NS      | $1376400.00   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMORGAN CHASE   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      6500 | NS      | $2094430.00   | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                              | ELI LILLY & CO   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1250 | NS      | $1343350.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                             | MERCK & CO       | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     10000 | NS      | $1052600.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | MICROSOFT CORP   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5000 | NS      | $2418100.00   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                               | MORGAN STANLEY   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     13000 | NS      | $2307890.00   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA CORP      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     22500 | NS      | $4196250.00   | 6.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                   | ONEOK INC        | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     20000 | NS      | $1470000.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                    | RTX CORP         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      8000 | NS      | $1467200.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMIC-ADR | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      8000 | NS      | $2431120.00   | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                   | 3M CO            | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     10000 | NS      | $1601000.00   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                    | UNION PAC CORP   | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      9000 | NS      | $2081880.00   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                      | UNITEDHEALTH GRP | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      5000 | NS      | $1650550.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                  | VISTRA CORP      | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     10000 | NS      | $1613300.00   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                  | WALMART INC      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     27000 | NS      | $3008070.00   | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                            | WELLS FARGO & CO | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     25000 | NS      | $2330000.00   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp.                              | WHIRLPOOL CORP   | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     25000 | NS      | $1803500.00   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer