# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001193125-25-298488
**Filing Date:** 2025-11
**Character Count:** 29087
**Document Hash:** 2c5fe6c832d2035f70bc562d3376fc7b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-298488.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001193125-25-298488

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

**ORGANIZATION NAME:**
- **EIN:** 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:** 251524061

**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

### CTIVP - Principal Large Cap Growth Fund (Series ID: S000028685)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000087788 | CTIVP - Principal Large Cap Growth Fund Class 1 |  |
| C000087789 | CTIVP - Principal Large Cap Growth Fund Class 2 |  |

## Nport-Ex

![](imgb6fcf48f1.jpg)

CTIVP<sup>®</sup> – Principal Large Cap Growth Fund

**Third Quarter Report**

September 30, 2025 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, September 30, 2025 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Common Stocks 99.6%** | **Common Stocks 99.6%** | **Common Stocks 99.6%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 10.0%** | **Communication Services 10.0%** | **Communication Services 10.0%** |
| **Entertainment 3.3%** | **Entertainment 3.3%** | **Entertainment 3.3%** |
| Netflix, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 56504 | &nbsp;&nbsp; 67743776 |
| **Interactive Media & Services 6.7%** | **Interactive Media & Services 6.7%** | **Interactive Media & Services 6.7%** |
| Alphabet, Inc., Class A | &nbsp;&nbsp; 208212 | &nbsp;&nbsp; 50616337 |
| Alphabet, Inc., Class C | &nbsp;&nbsp; 91914 | &nbsp;&nbsp; 22385655 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp; 86795 | &nbsp;&nbsp; 63740512 |
| Total |  | &nbsp;&nbsp; 136742504 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **204486280** |
| **Consumer Discretionary 13.4%** | **Consumer Discretionary 13.4%** | **Consumer Discretionary 13.4%** |
| **Automobiles 1.6%** | **Automobiles 1.6%** | **Automobiles 1.6%** |
| Tesla, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 75536 | &nbsp;&nbsp; 33592370 |
| **Broadline Retail 4.7%** | **Broadline Retail 4.7%** | **Broadline Retail 4.7%** |
| Amazon.com, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 437842 | &nbsp;&nbsp; 96136968 |
| **Hotels, Restaurants & Leisure 4.6%** | **Hotels, Restaurants & Leisure 4.6%** | **Hotels, Restaurants & Leisure 4.6%** |
| Airbnb, Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 320989 | &nbsp;&nbsp; 38974484 |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp; 210277 | &nbsp;&nbsp; 54554265 |
| Total |  | &nbsp;&nbsp; 93528749 |
| **Specialty Retail 2.5%** | **Specialty Retail 2.5%** | **Specialty Retail 2.5%** |
| O'Reilly Automotive, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 479697 | &nbsp;&nbsp; 51716134 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **274974221** |
| **Consumer Staples 0.8%** | **Consumer Staples 0.8%** | **Consumer Staples 0.8%** |
| **Consumer Staples Distribution & Retail 0.8%** | **Consumer Staples Distribution & Retail 0.8%** | **Consumer Staples Distribution & Retail 0.8%** |
| Costco Wholesale Corp. | &nbsp;&nbsp; 18058 | &nbsp;&nbsp; 16715027 |
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **16715027** |
| **Financials 13.4%** | **Financials 13.4%** | **Financials 13.4%** |
| **Capital Markets 8.0%** | **Capital Markets 8.0%** | **Capital Markets 8.0%** |
| Brookfield Corp. | &nbsp;&nbsp; 1062136 | &nbsp;&nbsp; 72841287 |
| Charles Schwab Corp. (The) | &nbsp;&nbsp; 415992 | &nbsp;&nbsp; 39714756 |
| KKR & Co., Inc., Class A | &nbsp;&nbsp; 250802 | &nbsp;&nbsp; 32591720 |
| Moody's Corp. | &nbsp;&nbsp; 16998 | &nbsp;&nbsp; 8099207 |
| MSCI, Inc. | &nbsp;&nbsp; 17521 | &nbsp;&nbsp; 9941591 |
| Total |  | &nbsp;&nbsp; 163188561 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Financial Services 4.6%** | **Financial Services 4.6%** | **Financial Services 4.6%** |
| MasterCard, Inc., Class A | &nbsp;&nbsp; 110656 | &nbsp;&nbsp; 62942239 |
| Visa, Inc., Class A | &nbsp;&nbsp; 90590 | &nbsp;&nbsp; 30925614 |
| Total |  | &nbsp;&nbsp; 93867853 |
| **Insurance 0.8%** | **Insurance 0.8%** | **Insurance 0.8%** |
| Arthur J Gallagher & Co. | &nbsp;&nbsp; 56881 | &nbsp;&nbsp; 17618321 |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **274674735** |
| **Health Care 4.9%** | **Health Care 4.9%** | **Health Care 4.9%** |
| **Health Care Equipment & Supplies 1.1%** | **Health Care Equipment & Supplies 1.1%** | **Health Care Equipment & Supplies 1.1%** |
| IDEXX Laboratories, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 28877 | &nbsp;&nbsp; 18449227 |
| Intuitive Surgical, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 11701 | &nbsp;&nbsp; 5233038 |
| Total |  | &nbsp;&nbsp; 23682265 |
| **Health Care Technology 0.5%** | **Health Care Technology 0.5%** | **Health Care Technology 0.5%** |
| Veeva Systems Inc., Class A<sup>(a)</sup> <br>| &nbsp;&nbsp; 31934 | &nbsp;&nbsp; 9513458 |
| **Life Sciences Tools & Services 2.5%** | **Life Sciences Tools & Services 2.5%** | **Life Sciences Tools & Services 2.5%** |
| Danaher Corp. | &nbsp;&nbsp; 254314 | &nbsp;&nbsp; 50420293 |
| **Pharmaceuticals 0.8%** | **Pharmaceuticals 0.8%** | **Pharmaceuticals 0.8%** |
| Zoetis, Inc. | &nbsp;&nbsp; 110363 | &nbsp;&nbsp; 16148314 |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **99764330** |
| **Industrials 6.7%** | **Industrials 6.7%** | **Industrials 6.7%** |
| **Aerospace & Defense 5.5%** | **Aerospace & Defense 5.5%** | **Aerospace & Defense 5.5%** |
| HEICO Corp., Class A | &nbsp;&nbsp; 121664 | &nbsp;&nbsp; 30913606 |
| TransDigm Group, Inc. | &nbsp;&nbsp; 62531 | &nbsp;&nbsp; 82417108 |
| Total |  | &nbsp;&nbsp; 113330714 |
| **Commercial Services & Supplies 1.2%** | **Commercial Services & Supplies 1.2%** | **Commercial Services & Supplies 1.2%** |
| Copart, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 529378 | &nbsp;&nbsp; 23806129 |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **137136843** |
| **Information Technology 46.1%** | **Information Technology 46.1%** | **Information Technology 46.1%** |
| **Electronic Equipment, Instruments & Components 0.6%** | **Electronic Equipment, Instruments & Components 0.6%** | **Electronic Equipment, Instruments & Components 0.6%** |
| Amphenol Corp., Class A | &nbsp;&nbsp; 97898 | &nbsp;&nbsp; 12114878 |
| **Semiconductors & Semiconductor Equipment 17.3%** | **Semiconductors & Semiconductor Equipment 17.3%** | **Semiconductors & Semiconductor Equipment 17.3%** |
| Broadcom, Inc. | &nbsp;&nbsp; 326673 | &nbsp;&nbsp; 107772689 |
| NVIDIA Corp. | &nbsp;&nbsp; 1326477 | &nbsp;&nbsp; 247494079 |
| Total |  | &nbsp;&nbsp; 355266768 |

---

CTIVP<sup>®</sup> – Principal Large Cap Growth Fund \| 2025

------

Portfolio of Investments (continued)

CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Software 21.3%** | **Software 21.3%** | **Software 21.3%** |
| Cadence Design Systems, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 256872 | &nbsp;&nbsp; 90228859 |
| Constellation Software, Inc. | &nbsp;&nbsp; 6673 | &nbsp;&nbsp; 18309778 |
| Microsoft Corp. | &nbsp;&nbsp; 321187 | &nbsp;&nbsp; 166358807 |
| Oracle Corp. | &nbsp;&nbsp; 220500 | &nbsp;&nbsp; 62013420 |
| Roper Technologies, Inc. | &nbsp;&nbsp; 77284 | &nbsp;&nbsp; 38540758 |
| ServiceNow, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 66570 | &nbsp;&nbsp; 61263039 |
| Total |  | &nbsp;&nbsp; 436714661 |
| **Technology Hardware, Storage & Peripherals 6.9%** | **Technology Hardware, Storage & Peripherals 6.9%** | **Technology Hardware, Storage & Peripherals 6.9%** |
| Apple, Inc. | &nbsp;&nbsp; 555053 | &nbsp;&nbsp; 141333145 |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **945429452** |
| **Materials 2.7%** | **Materials 2.7%** | **Materials 2.7%** |
| **Chemicals 1.6%** | **Chemicals 1.6%** | **Chemicals 1.6%** |
| Linde PLC | &nbsp;&nbsp; 54847 | &nbsp;&nbsp; 26052325 |
| Sherwin-Williams Co. (The) | &nbsp;&nbsp; 18749 | &nbsp;&nbsp; 6492029 |
| Total |  | &nbsp;&nbsp; 32544354 |
| **Construction Materials 1.1%** | **Construction Materials 1.1%** | **Construction Materials 1.1%** |
| Vulcan Materials Co. | &nbsp;&nbsp; 72380 | &nbsp;&nbsp; 22265535 |
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **54809889** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Real Estate 1.6%** | **Real Estate 1.6%** | **Real Estate 1.6%** |
| **Real Estate Management & Development 1.6%** | **Real Estate Management & Development 1.6%** | **Real Estate Management & Development 1.6%** |
| CoStar Group, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 399174 | &nbsp;&nbsp; 33678310 |
| **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **33678310** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,410,480,972) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,410,480,972) | &nbsp;&nbsp; **2041669087** |
| **Money Market Funds 0.5%** | **Money Market Funds 0.5%** | **Money Market Funds 0.5%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 4.265%<sup>(b),(c)</sup> <br>| &nbsp;&nbsp; 9206325 | &nbsp;&nbsp; 9203563 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $9,203,816) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $9,203,816) | &nbsp;&nbsp; **9203563** |
| **Total Investments in Securities** <br>**(Cost: $1,419,684,788)** | **Total Investments in Securities** <br>**(Cost: $1,419,684,788)** | &nbsp;&nbsp; **2050872650** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **(1734824)**<br>|
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **2049137826** |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The rate shown is the seven-day current annualized yield at September 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended September 30, 2025 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% |
|  | 12147859 | &nbsp;&nbsp; 232875869 | &nbsp;&nbsp; (235819912)<br>| &nbsp;&nbsp; (253)<br>| &nbsp;&nbsp; 9203563 | &nbsp;&nbsp; (4848)<br>| &nbsp;&nbsp; 393965 | &nbsp;&nbsp; 9206325 |

---

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

CTIVP<sup>®</sup> – Principal Large Cap Growth Fund \| 2025

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

3QT7032_12_D01_(11/25)

------

## 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:** CTIVP - Principal Large Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000028685

- **c. LEI of Series:** 1VY4LNLD7DYK2LYFEM19

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $2051106089.15

**Total Liabilities:** $384241.66

**Net Assets:** $2050721847.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000087788 | 3.94%                | -0.23%               | 2.46%                |
| Class ID C000087789 | 3.92%                | -0.24%               | 2.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $57839250.79             | $22052070.67                               |
| Month 2  | $12047081.75             | $-16484927.82                              |
| Month 3  | $-4693263.50             | $49431376.17                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMPHENOL CORP                  | Amphenol Corp                     | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     97898 | NS      | $12114877.50  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                      | Apple Inc                         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    555053 | NS      | $141333145.39 | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                   | Broadcom Inc                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    326673 | NS      | $107772689.43 | 5.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD CORP                | Brookfield Corp                   | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |   1062136 | NS      | $72841286.88  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYST INC        | Cadence Design Systems Inc        | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    256872 | NS      | $90228858.72  | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND  | COLUMBIA SHORT TERM CASH FUND     | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   9206325 | NS      | $9203562.84   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC     | Constellation Software Inc/Canada | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      6673 | NS      | $18309777.78  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| COPART INC.                    | Copart Inc                        | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    529378 | NS      | $23806128.66  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INC            | TransDigm Group Inc               | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62531 | NS      | $82417108.62  | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC              | Veeva Systems Inc                 | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     31934 | NS      | $9513457.94   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                       | Visa Inc                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     90590 | NS      | $30925614.20  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS COMPANY       | Vulcan Materials Co               | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     72380 | NS      | $22265535.60  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC                     | Zoetis Inc                        | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    110363 | NS      | $16148314.16  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                      | Linde PLC                         | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     54847 | NS      | $26052325.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB INC                     | Airbnb Inc                        | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |    320989 | NS      | $38974484.38  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                   | Alphabet Inc                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     91914 | NS      | $22385654.70  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                   | Alphabet Inc                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    208212 | NS      | $50616337.20  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                 | Amazon.com Inc                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    437842 | NS      | $96136967.94  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHSLE CORP              | Costco Wholesale Corp             | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     18058 | NS      | $16715026.54  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GRP INC                 | CoStar Group Inc                  | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |    399174 | NS      | $33678310.38  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORPORATION            | Danaher Corp                      | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    254314 | NS      | $50420293.64  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC             | Meta Platforms Inc                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     86795 | NS      | $63740512.10  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTHUR J GALLAGHER & CO        | Arthur J Gallagher & Co           | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     56881 | NS      | $17618320.94  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO CORP                     | HEICO Corp                        | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |    121664 | NS      | $30913605.76  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC  | Hilton Worldwide Holdings Inc     | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    210277 | NS      | $54554264.88  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX LABS INC.                | IDEXX Laboratories Inc            | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     28877 | NS      | $18449226.53  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SRGCAL               | Intuitive Surgical Inc            | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     11701 | NS      | $5233038.23   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR GROUP CO INC               | KKR & Co Inc                      | CUSIP: 48251W104<br>LEI: 549300JOHU21WRN2Z451 | Long             | EC               | CORP              | US        |    250802 | NS      | $32591719.90  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                       | MSCI Inc                          | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     17521 | NS      | $9941590.61   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                 | Mastercard Inc                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    110656 | NS      | $62942239.36  | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                 | Microsoft Corp                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    321187 | NS      | $166358806.65 | 8.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODYS CORP                    | Moody's Corp                      | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     16998 | NS      | $8099207.04   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                    | Netflix Inc                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     56504 | NS      | $67743775.68  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                    | NVIDIA Corp                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1326477 | NS      | $247494078.66 | 12.07%            |  |  |  | No            |                  1 | On Loan: No      |
| OREILLY AUTOMOTIVE INC         | O'Reilly Automotive Inc           | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    479697 | NS      | $51716133.57  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORPORATION             | Oracle Corp                       | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    220500 | NS      | $62013420.00  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ROPER TECHNOLOGIES INC         | Roper Technologies Inc            | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     77284 | NS      | $38540757.96  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES SCHWAB CORP            | Charles Schwab Corp/The           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    415992 | NS      | $39714756.24  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                 | ServiceNow Inc                    | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     66570 | NS      | $61263039.60  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN-WILLIAMS COMPANY (THE) | Sherwin-Williams Co/The           | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     18749 | NS      | $6492028.74   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                      | Tesla Inc                         | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     75536 | NS      | $33592369.92  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-21

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

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer