# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001145549-23-002656
**Filing Date:** 2023-1
**Character Count:** 11504
**Document Hash:** 5a2ccee94dc7bd73848e8f9547b6e64d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-002656.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001145549-23-002656

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust II
- **CENTRAL INDEX KEY:** 0001587982
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22894
- **FILM NUMBER:** 23551081

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2295

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## Series and Classes Contracts Data

### ACR International Quality Return (IQR) Fund (Series ID: S000055968)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000176262 | Class I Shares | IQRIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** INVESTMENT MANAGERS SERIES TRUST II

- **b. Investment Company Act file number:** 811-22894

- **c. CIK number of Registrant:** 0001587982

- **d. LEI of Registrant:** 549300SU7ER9OFETRU41

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

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

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

- **a. Name of Series:** ACR International Quality Return (IQR) Fund

- **b. EDGAR series identifier (if any):** S000055968

- **c. LEI of Series:** 549300LKLR3V6NGNBF37

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

- **a. Date of fiscal year-end:** 2022-11-30

- **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:** $55408387.14

**Total Liabilities:** $136861.62

**Net Assets:** $55271525.52

**Cash Not Reported:** $12175.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176262 | -12.88%              | 9.51%                | 7.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2743206.93             | $-4615732.28                               |
| Month 2  | $-505830.58              | $5019761.98                                |
| Month 3  | $-198741.58              | $4028987.34                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Accor SA                       | Accor S.A.                           | CUSIP: F00189120<br>LEI: 969500QZC2Q0TK11NV07 | Long             | EC               | CORP              | FR        |    112673 | NS      | $2967778.68   | 5.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group PLC              | Ashtead Group PLC                    | CUSIP: G05320109<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |     73012 | NS      | $4456283.94   | 8.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                   | Barclays PLC - ADR ADR               | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             |  | CORP              | GB        |    213426 | NS      | $1696736.70   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                      | Danone S.A.                          | CUSIP: F12033134<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     20210 | NS      | $1062164.84   | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Burford Capital Ltd            | Burford Capital Ltd.                 | CUSIP: G17977110<br>LEI: 549300FUKUWFYJMT2277 | Long             | EC               | CORP              | US        |    174122 | NS      | $1586489.19   | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| DCC PLC                        | DCC PLC                              | CUSIP: G2689P101<br>LEI: 213800UPS1QEE4TD3T45 | Long             | EC               | CORP              | IE        |     60610 | NS      | $3227641.38   | 5.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurocell PLC                   | Eurocell PLC                         | CUSIP: G3143F101<br>LEI: 213800RH62IQ7S9OFQ55 | Long             | EC               | CORP              | GB        |   1522518 | NS      | $2798409.00   | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd | Fairfax Financial Holdings Ltd.      | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      5440 | NS      | $3121084.75   | 5.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT BRITAIN POUND  /         | GREAT BRITAIN POUND  /               | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | GB        |     53292 | OU      | $64230.44     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Greencore Group PLC            | Greencore Group PLC                  | CUSIP: G40866124<br>LEI: 635400GGBEWULJXM5868 | Long             | EC               | CORP              | IE        |   2177277 | NS      | $1689967.93   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                      | Thales S.A.                          | CUSIP: F9156M108<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |     10232 | NS      | $1308908.10   | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| ISS A/S                        | ISS A/S                              | CUSIP: K5591Y107<br>LEI: 213800LEZA58SZNCBN19 | Long             | EC               | CORP              | DK        |    104578 | NS      | $2284298.87   | 4.13%             |  |  |  | No            |                  2 | On Loan: No      |
| KITS Eyecare Ltd               | KITS Eyecare Ltd.                    | CUSIP: 49804N104<br>LEI: 254900QPUEPAYH33G850 | Long             | EC               | CORP              | CA        |    902710 | NS      | $1697781.97   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC             | Liberty Global PLC                   | CUSIP: G5480U120<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |    185218 | NS      | $3830308.24   | 6.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd      | Liberty Latin America Ltd. - Class C | CUSIP: G9001E128<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |    331502 | NS      | $2582400.58   | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Medmix AG                      | Medmix A.G.                          | CUSIP: H5316Q102<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     57277 | NS      | $1007580.09   | 1.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| UMB MONEY MARKET FIDUCIARY   / | UMB MONEY MARKET FIDUCIARY   /       | CUSIP: SF8888528<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1178454 | PA      | $1178454.02   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Multiconsult ASA               | Multiconsult A.S.A.                  | CUSIP: R4S05B103<br>LEI: 5967007LIEEXZXG9GO07 | Long             | EC               | CORP              | NO        |    103891 | NS      | $1430968.53   | 2.59%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cie Plastic Omnium SA          | Cie Plastic Omnium S.A.              | CUSIP: F73325106<br>LEI: 9695001VLC2KYXX0DW73 | Long             | EC               | CORP              | FR        |    206866 | NS      | $3239099.65   | 5.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Protector Forsikring ASA       | Protector Forsikring A.S.A.          | CUSIP: R7049B138<br>LEI: 5967007LIEEXZXAIO813 | Long             | EC               | CORP              | NO        |    130316 | NS      | $1598530.94   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Sulzer AG                      | Sulzer A.G.                          | CUSIP: H83580284<br>LEI: 529900NZ6MAST5IJF669 | Long             | EC               | CORP              | CH        |     40460 | NS      | $3124719.43   | 5.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Victoria PLC                   | Victoria PLC                         | CUSIP: G93509100<br>LEI: 2138002K6ECECHVCQN25 | Long             | EC               | CORP              | GB        |    346071 | NS      | $1776862.07   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC             | Vodafone Group PLC - ADR ADR         | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             |  | CORP              | GB        |    259695 | NS      | $2916374.85   | 5.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistry Group PLC               | Vistry Group PLC                     | CUSIP: G9424B107<br>LEI: 2138001KOWN7CG9SLK53 | Long             | EC               | CORP              | GB        |    444263 | NS      | $3314439.33   | 6.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Naked Wines PLC                | Naked Wines PLC                      | CUSIP: G6361W102<br>LEI: 213800IYPFIRRQQE9R62 | Long             | EC               | CORP              | GB        |    880231 | NS      | $951841.93    | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-21

**Name of Applicant:** INVESTMENT MANAGERS SERIES TRUST II

**Signature:** /s/ Terrance P. Gallagher

**Name of Signer:** Terrance P. Gallagher

**Title:** President