# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0001752724-23-013918
**Filing Date:** 2023-1
**Character Count:** 9673
**Document Hash:** 8b3505717460d8e141a9813849318fe4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-013918.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-013918

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 23555595

**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

### WOA All Asset I (Series ID: S000034907)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000107379 | WOA All Asset I Class I | WOAIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **WOA ALL ASSET** | **WOA ALL ASSET** | **WOA ALL ASSET** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **November 30, 2022** | **November 30, 2022** | **November 30, 2022** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 99.2%** |  |
|  | **EQUITY - 83.0%** |  |
| 22419 | iShares Core MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp; $1088667 |
| 203080 | iShares Core MSCI Europe ETF | &nbsp;&nbsp;&nbsp; 9861565 |
| 10902 | iShares Core S&P Small-Cap ETF | &nbsp;&nbsp;&nbsp; 1110260 |
| 59207 | iShares MSCI Australia ETF | &nbsp;&nbsp;&nbsp; 1402614 |
| 92451 | iShares MSCI France ETF | &nbsp;&nbsp;&nbsp; 3122995 |
| 259153 | iShares MSCI Italy ETF | &nbsp;&nbsp;&nbsp; 7209636 |
| 6640 | iShares MSCI Spain ETF | &nbsp;&nbsp;&nbsp; 162746 |
| 28124 | iShares MSCI Sweden ETF | &nbsp;&nbsp;&nbsp; 941873 |
| 67291 | iShares MSCI Switzerland ETF | &nbsp;&nbsp;&nbsp; 2886111 |
| 2471 | iShares MSCI United Kingdom ETF | &nbsp;&nbsp;&nbsp; 77911 |
| 58408 | SPDR S&P 500 ETF Trust | &nbsp;&nbsp;&nbsp; 23811773 |
| 50895 | Vanguard S&P 500 ETF | &nbsp;&nbsp;&nbsp; 19059669 |
| 42383 | Vanguard Small-Cap ETF | &nbsp;&nbsp;&nbsp; 8310882 |
|  |  | &nbsp;&nbsp; 79046702 |
|  | **FIXED INCOME - 16.2%** |  |
| 153949 | iShares 0-3 Month Treasury Bond ETF | &nbsp;&nbsp;&nbsp; 15451861 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $75,114,440)** | &nbsp;&nbsp; 94498563 |
|  | **TOTAL INVESTMENTS - 99.2% (Cost $75,114,440)** | &nbsp;&nbsp;&nbsp; $94498563 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.8%** | &nbsp;&nbsp; 797026 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $95295589 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| MSCI | - Morgan Stanley Capital International |
| 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:** WOA All Asset

- **b. EDGAR series identifier (if any):** S000034907

- **c. LEI of Series:** 549300VRMBGYFXQ86M67

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $95832819.90

**Total Liabilities:** $537231.29

**Net Assets:** $95295588.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000107379 | -7.22%               | 6.03%                | 6.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-7931068.42                               |
| Month 2  | $-2798232.76             | $8731945.62                                |
| Month 3  | $16957.92                | $5859516.57                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ishares Trust          | ISHARES CORE S&P SMALL-CA | CUSIP: 464287804<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     10902 | NS      | $1110259.68   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES MSCI SWITZERLAND  | CUSIP: 464286749<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     67291 | NS      | $2886110.99   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES MSCI FRANCE ETF   | CUSIP: 464286707<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     92451 | NS      | $3122994.78   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust          | ISHARES CORE MSCI EUROPE  | CUSIP: 46434V738<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    203080 | NS      | $9861564.80   | 10.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Fds     | VANGUARD SMALL-CAP ETF    | CUSIP: 922908751<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     42383 | NS      | $8310882.47   | 8.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust          | ISHARES MSCI UNITED KINGD | CUSIP: 46435G334<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      2471 | NS      | $77910.63     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES MSCI ITALY ETF    | CUSIP: 46434G830<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    259153 | NS      | $7209636.46   | 7.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust          | ISHARES 0-3M T/B          | CUSIP: 46436E718<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    153949 | NS      | $15451861.13  | 16.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES MSCI SWEDEN ETF   | CUSIP: 464286756<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     28124 | NS      | $941872.76    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES MSCI SPAIN ETF    | CUSIP: 464286764<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      6640 | NS      | $162746.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES MSCI AUSTRALIA ET | CUSIP: 464286103<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     59207 | NS      | $1402613.83   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr S&P 500 Etf Trust | SPDR S&P 500 ETF          | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     58408 | NS      | $23811773.44  | 24.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Inc            | ISHARES CORE MSCI EMERGIN | CUSIP: 46434G103<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     22419 | NS      | $1088666.64   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Fds     | VANGUARD S&P 500 ETF      | CUSIP: 922908363<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     50895 | NS      | $19059668.55  | 20.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer