# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0002000324-26-001390
**Filing Date:** 2026-3
**Character Count:** 32385
**Document Hash:** 101d3c2ac1823abad624cff4744d25b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001390.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0002000324-26-001390

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 26819302

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### Hilton Small-MidCap Opportunity ETF (Series ID: S000083082)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000246596 | Hilton Small-MidCap Opportunity ETF | SMCO            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Hilton Small-MidCap Opportunity ETF** | **Hilton Small-MidCap Opportunity ETF** | **Hilton Small-MidCap Opportunity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** | **January 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 97.4%** | **Shares** | **Value** |
| **Apparel - 1.4%** | **Apparel - 1.4%** | |
| Ralph Lauren Corp. - Class A | 5921 | $2092541 |
| **Banks - 5.7%** |  |  |
| Commerce Bancshares, Inc. | 43144 | 2271100 |
| Community Financial System, Inc. | 46463 | 2903938 |
| Cullen/Frost Bankers, Inc. | 23817 | 3282459 |
|  |  | 8457497 |
| **Beverages - 1.8%** |  |  |
| Primo Brands Corp. - Class A | 140221 | 2655786 |
| **Chemicals - 0.7%** |  |  |
| Ashland, Inc. | 16016 | 979539 |
| **Commercial Services - 3.2%** |  |  |
| Booz Allen Hamilton Holding Corp. | 14782 | 1307024 |
| Shift4 Payments, Inc. - Class A <sup>(a)</sup> | 25114 | 1482731 |
| Valvoline, Inc. <sup>(a)</sup> | 58075 | 1900214 |
|  |  | 4689969 |
| **Computers - 5.0%** |  |  |
| Amdocs Ltd. | 18531 | 1518430 |
| CyberArk Software Ltd. <sup>(a)</sup> | 3538 | 1524276 |
| Kyndryl Holdings, Inc. <sup>(a)</sup> | 123416 | 2838568 |
| Tenable Holdings, Inc. <sup>(a)</sup> | 65947 | 1454791 |
|  |  | 7336065 |
| **Distribution & Wholesale - 1.2%** |  |  |
| Pool Corp. | 7123 | 1809883 |
| **Diversified Financial Services - 5.0%** |  |  |
| DigitalBridge Group, Inc. - Class A | 137729 | 2119649 |
| Houlihan Lokey, Inc. - Class A | 16714 | 2813300 |
| Moelis & Co. - Class A | 35071 | 2513539 |
|  |  | 7446488 |
| **Electric - 4.5%** |  |  |
| Clearway Energy, Inc. - Class C | 54912 | 1985069 |
| CMS Energy Corp. | 21059 | 1505508 |
| IDACORP, Inc. | 24036 | 3191740 |
|  |  | 6682317 |
| **Electronics - 4.0%** |  |  |
| nVent Electric PLC | 31460 | 3531700 |
| TD SYNNEX Corp. | 14768 | 2343238 |
|  |  | 5874938 |
| **Engineering & Construction - 8.9%** |  |  |
| Dycom Industries, Inc. <sup>(a)</sup> | 12148 | 4426610 |
| EMCOR Group, Inc. | 3934 | 2835352 |
| Jacobs Solutions, Inc. | 17582 | 2378141 |
| Primoris Services Corp. | 23144 | 3431098 |
|  |  | 13071201 |
| **Entertainment - 1.2%** |  |  |
| Live Nation Entertainment, Inc. <sup>(a)</sup> | 11792 | 1715146 |
| **Environmental Control - 2.4%** |  |  |
| Clean Harbors, Inc. <sup>(a)</sup> | 13856 | 3601313 |

---

---

| | | |
|:---|:---|:---|
| **Food - 0.8%** |  |  |
| Sprouts Farmers Market, Inc. <sup>(a)</sup> | 16672.0 | 1182211 |
| **Healthcare - Products - 4.3%** |  |  |
| Bio-Techne Corp. | 37506.0 | 2403760 |
| STERIS PLC | 8451.0 | 2219233 |
| West Pharmaceutical Services, Inc. | 7412.0 | 1713061 |
|  |  | 6336054 |
| **Healthcare - Services - 3.6%** |  |  |
| HealthEquity, Inc. <sup>(a)</sup> | 24254.0 | 2077840 |
| RadNet, Inc. <sup>(a)</sup> | 46741.0 | 3276544 |
|  |  | 5354384 |
| **Home Builders - 1.1%** |  |  |
| Taylor Morrison Home Corp. <sup>(a)</sup> | 26660.0 | 1624927 |
| **Insurance - 1.5%** |  |  |
| RenaissanceRe Holdings Ltd. | 7774.0 | 2189936 |
| **Internet - 1.3%** |  |  |
| Magnite, Inc. <sup>(a)</sup> | 128220.0 | 1855343 |
| **Iron & Steel - 3.3%** |  |  |
| Commercial Metals Co. | 36076.0 | 2773162 |
| Reliance, Inc. | 6240.0 | 2056080 |
|  |  | 4829242 |
| **Leisure Time - 4.4%** |  |  |
| Planet Fitness, Inc. - Class A <sup>(a)</sup> | 34659.0 | 3155355 |
| YETI Holdings, Inc. <sup>(a)</sup> | 74326.0 | 3397442 |
|  |  | 6552797 |
| **Machinery - Construction & Mining - 2.0%** |  |  |
| BWX Technologies, Inc. | 14602.0 | 2999689 |
| **Miscellaneous Manufacturing - 5.5%** |  |  |
| Entegris, Inc. | 19344.0 | 2283946 |
| Federal Signal Corp. | 18660.0 | 2016959 |
| Teledyne Technologies, Inc. <sup>(a)</sup> | 6262.0 | 3884319 |
|  |  | 8185224 |
| **Oil & Gas - 4.4%** |  |  |
| Coterra Energy, Inc. | 56784.0 | 1638218 |
| EQT Corp. | 64631.0 | 3731148 |
| Magnolia Oil & Gas Corp. - Class A | 44512.0 | 1135501 |
|  |  | 6504867 |
| **Oil & Gas Services - 1.7%** |  |  |
| TETRA Technologies, Inc. <sup>(a)</sup> | 222183.0 | 2532886 |
| **Packaging & Containers - 0.8%** |  |  |
| AptarGroup, Inc. | 9568.0 | 1195522 |
| **Retail - 5.9%** |  |  |
| Academy Sports & Outdoors, Inc. | 62526.0 | 3439555 |
| BJ's Wholesale Club Holdings, Inc. <sup>(a)</sup> | 24904.0 | 2302126 |
| Burlington Stores, Inc. <sup>(a)</sup> | 9885.0 | 2924576 |
|  |  | 8666257 |
| **Semiconductors - 4.4%** |  |  |
| MACOM Technology Solutions Holdings, Inc. <sup>(a)</sup> | 14132.0 | 3095756 |
| MKS, Inc. | 14525.0 | 3419330 |
|  |  | 6515086 |

---

---

| | | |
|:---|:---|:---|
| **Software - 1.6%** |  |  |
| Jack Henry & Associates, Inc. | 13166 | 2359479 |
| **Telecommunications - 3.6%** |  |  |
| Ciena Corp. <sup>(a)</sup> | 14458 | 3640669 |
| Lumen Technologies, Inc. <sup>(a)</sup> | 182729 | 1611670 |
|  |  | 5252339 |
| **Transportation - 2.2%** |  |  |
| Landstar System, Inc. | 10798 | 1612789 |
| Saia, Inc. <sup>(a)</sup> | 4992 | 1671671 |
|  |  | 3284460 |
| **TOTAL COMMON STOCKS** (Cost $117,213,688) |  | 143833386 |
| **REAL ESTATE INVESTMENT TRUSTS - 1.8%** |  |  |
| Independence Realty Trust, Inc. | 99114 | 1655204 |
| Rexford Industrial Realty, Inc. | 23945 | 970491 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $3,139,610) |  | 2625695 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **MONEY MARKET FUNDS - 0.8%** |  |  |
| First American Government Obligations Fund - Class X, 3.61% <sup>(b)</sup> | 1243048 | 1243048 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,243,048) |  | 1243048 |
| **TOTAL INVESTMENTS - 100.0%** (Cost $121,596,346) |  | 147702129 |
| Liabilities in Excess of Other Assets - (0.0)% <sup>(c)</sup> |  | (47726) |
| **TOTAL NET ASSETS - 100.0%** |  | $147654403 |

---

Percentages are stated as a percent of net assets.

PLC - Public Limited Company

(a) Non-income
 producing security.

(b) The rate shown represents
 the 7-day annualized yield as of January 31, 2026.

(c) Represents less
 than (0.05)% of net assets.

**Summary of Fair Value Disclosure as of January 31, 2026 (Unaudited)**

Hilton Small-MidCap Opportunity ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of January 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $143833386 | $— | $— | $143833386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | 2625695 |  |  | 2625695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1243048 |  |  | 1243048 |
| Total Investments | $147702129 | $— | $— | $147702129 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

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

- **a. Name of Series:** Hilton Small-MidCap Opportunity ETF

- **b. EDGAR series identifier (if any):** S000083082

- **c. LEI of Series:** 529900GLDBIJDBMYUQ29

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $149120972.51

**Total Liabilities:** $1466575.18

**Net Assets:** $147654397.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246596 | 0.63%                | 0.09%                | 6.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-166329.83              | $890746.83                                 |
| Month 2  | $-464935.84              | $416610.62                                 |
| Month 3  | $327252.31               | $7909594.88                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Academy Sports & Outdoors Inc  | Academy Sports & Outdoors Inc              | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     62526 | NS      | $3439555.26   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                     | Amdocs Ltd                                 | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | US        |     18531 | NS      | $1518430.14   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                 | AptarGroup Inc                             | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      9568 | NS      | $1195521.60   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc                    | Ashland Inc                                | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     16016 | NS      | $979538.56    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                | Bio-Techne Corp                            | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     37506 | NS      | $2403759.54   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I | BJ's Wholesale Club Holdings Inc           | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     24904 | NS      | $2302125.76   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co | Booz Allen Hamilton Holding Corp           | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     14782 | NS      | $1307024.44   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc          | Burlington Stores Inc                      | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      9885 | NS      | $2924576.10   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies Inc                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     14602 | NS      | $2999688.86   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp                     | Ciena Corp                                 | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     14458 | NS      | $3640668.98   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc              | Clean Harbors Inc                          | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     13856 | NS      | $3601312.96   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc            | Clearway Energy Inc                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     54912 | NS      | $1985068.80   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                | CMS Energy Corp                            | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     21059 | NS      | $1505507.91   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO     | Commerce Bancshares Inc/MO                 | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43144 | NS      | $2271100.16   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co           | Commercial Metals Co                       | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     36076 | NS      | $2773162.12   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System Inc | Community Financial System Inc             | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     46463 | NS      | $2903937.50   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc             | Coterra Energy Inc                         | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     56784 | NS      | $1638218.40   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers Inc       | Cullen/Frost Bankers Inc                   | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     23817 | NS      | $3282458.94   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberArk Software Ltd          | CyberArk Software Ltd                      | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | EC               | CORP              | IL        |      3538 | NS      | $1524276.54   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalBridge Group Inc        | DigitalBridge Group Inc                    | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |    137729 | NS      | $2119649.31   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc           | Dycom Industries Inc                       | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     12148 | NS      | $4426609.72   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                | EMCOR Group Inc                            | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      3934 | NS      | $2835351.82   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                   | Entegris Inc                               | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     19344 | NS      | $2283946.08   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                       | EQT Corp                                   | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     64631 | NS      | $3731147.63   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp            | Federal Signal Corp                        | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     18660 | NS      | $2016959.40   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1214574 | NS      | $1214573.51   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc               | HealthEquity Inc                           | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     24254 | NS      | $2077840.18   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     16714 | NS      | $2813300.48   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                    | IDACORP Inc                                | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     24036 | NS      | $3191740.44   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc  | Independence Realty Trust Inc              | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     99114 | NS      | $1655203.80   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc    | Jack Henry & Associates Inc                | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     13166 | NS      | $2359478.86   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc           | Jacobs Solutions Inc                       | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     17582 | NS      | $2378141.32   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc           | Kyndryl Holdings Inc                       | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    123416 | NS      | $2838568.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc            | Landstar System Inc                        | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     10798 | NS      | $1612789.28   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc  | Live Nation Entertainment Inc              | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     11792 | NS      | $1715146.40   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc         | Lumen Technologies Inc                     | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |    182729 | NS      | $1611669.78   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Hol | MACOM Technology Solutions Holdings Inc    | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14132 | NS      | $3095755.92   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                    | Magnite Inc                                | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    128220 | NS      | $1855343.40   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp        | Magnolia Oil & Gas Corp                    | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44512 | NS      | $1135501.12   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                        | MKS Inc                                    | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     14525 | NS      | $3419330.25   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                    | Moelis & Co                                | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     35071 | NS      | $2513538.57   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |     31460 | NS      | $3531699.60   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc             | Planet Fitness Inc                         | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     34659 | NS      | $3155355.36   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                      | Pool Corp                                  | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      7123 | NS      | $1809883.07   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp              | Primo Brands Corp                          | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    140221 | NS      | $2655785.74   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp         | Primoris Services Corp                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     23144 | NS      | $3431098.00   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                     | RadNet Inc                                 | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     46741 | NS      | $3276544.10   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp              | Ralph Lauren Corp                          | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      5921 | NS      | $2092540.61   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                   | Reliance Inc                               | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      6240 | NS      | $2056080.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd     | RenaissanceRe Holdings Ltd                 | CUSIP: N/A<br>LEI: EK6GB9U3U58PDI411C94       | Long             | EC               | CORP              | BM        |      7774 | NS      | $2189935.80   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc  | Rexford Industrial Realty Inc              | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     23945 | NS      | $970490.85    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                       | Saia Inc                                   | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      4992 | NS      | $1671671.04   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc            | Shift4 Payments Inc                        | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25114 | NS      | $1482730.56   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers Market Inc                 | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     16672 | NS      | $1182211.52   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                     | STERIS PLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8451 | NS      | $2219232.60   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp      | Taylor Morrison Home Corp                  | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     26660 | NS      | $1624927.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                 | TD SYNNEX Corp                             | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     14768 | NS      | $2343238.56   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc      | Teledyne Technologies Inc                  | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      6262 | NS      | $3884318.60   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc           | Tenable Holdings Inc                       | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     65947 | NS      | $1454790.82   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies Inc         | TETRA Technologies Inc                     | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |    222183 | NS      | $2532886.20   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                  | Valvoline Inc                              | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     58075 | NS      | $1900214.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I | West Pharmaceutical Services Inc           | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      7412 | NS      | $1713061.44   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc              | YETI Holdings Inc                          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     74326 | NS      | $3397441.46   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer