# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001145549-23-007304
**Filing Date:** 2023-2
**Character Count:** 4985
**Document Hash:** 22e0c43e7ac0c474d4a62931217607a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-007304.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001145549-23-007304

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20230331

**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:** 23649066

**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

### AXS 2X NKE Bull Daily ETF (Series ID: S000076106)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000235547 | AXS 2X NKE Bull Daily ETF | NKEL            |

## Nport-Ex

**AXS 2X NKE Bull Daily ETF**

**SCHEDULE OF INVESTMENTS**

**As of December 31, 2022 (Unaudited)**

---

| | |
|:---|:---|
|  | Value |
| Other Assets in Excess of Liabilities — 100.0% | $1057370 |
| **TOTAL NET ASSETS — 100.0%** | $**1057370** |

---

**SWAP CONTRACTS** 

**EQUITY SWAP CONTRACTS**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Counterparty | Description | Pay/Receive<br> Equity on<br> Reference Entity | Pay/Receive<br> Frequency | Termination<br> Date | Notional<br> Amount | Premium<br> Paid<br> (Received) | Unrealized <br> Appreciation<br> (Depreciation) |
| Cowen | Nike, Inc., Class B | Receive 5.57% (OBRF01<sup>\*</sup> +125bps) | At Maturity | 7/13/23 | $1882633 | $- | $231854 |
| **TOTAL EQUITY SWAP CONTRACTS** | **TOTAL EQUITY SWAP CONTRACTS** | **TOTAL EQUITY SWAP CONTRACTS** | **TOTAL EQUITY SWAP CONTRACTS** |  |  |  | $**231854** |

---

<sup>\*</sup> OBFR01 - Overnight Bank Funding Rate, 4.32% as of December 31, 2022.

## 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:** AXS 2X NKE Bull Daily ETF

- **b. EDGAR series identifier (if any):** S000076106

- **c. LEI of Series:** 549300IDR3LSGZ86SJ76

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $2179525.71

**Total Liabilities:** $1122171.01

**Net Assets:** $1057354.70

**Cash Not Reported:** $1042605.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235547 | 21.91%               | 36.39%               | -0.49%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $0.00                                      |

**Designated Index Information**

- **Index Name:** S&P 500 High Beta Index

- **Index Identifier:** SP5HBI

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TRS NIKE INC -CL B | TRS NIKE INC -CL B | CUSIP: 000000000<br>LEI: N/A | N/A              | DE               |  | US        |     18132 | NC      | $232438.04    | 21.98%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

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

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

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

**Title:** President