# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0000894189-25-020065
**Filing Date:** 2025-12
**Character Count:** 10643
**Document Hash:** 76d342e9c0754bb370cf71caf177e710
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-020065.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0000894189-25-020065

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20251031

**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:** 251612237

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

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

## Series and Classes Contracts Data

### YieldMax(R) MRNA Option Income Strategy ETF (Series ID: S000081460)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000244362 | YieldMax(R) MRNA Option Income Strategy ETF | MRNY            |

## 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:** 844-986-7700

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

- **a. Name of Series:** YieldMax MRNA Option Income Strategy ETF

- **b. EDGAR series identifier (if any):** S000081460

- **c. LEI of Series:** 529900DR687SZY1WAS96

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $104953379.59

**Total Liabilities:** $10354892.82

**Net Assets:** $94598486.77

**Cash Not Reported:** $1315703.16

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 1609.082863000000 | **1-Year:** 1186.325392000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244362 | -16.79%              | 5.57%                | 6.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6708.70                | $88178.80                                  |
| Month 2  | $7207.55                 | $38737.08                                  |
| Month 3  | $-1498.98                | $-2721.71                                  |

**Designated Index Information**

- **Index Name:** Moderna Inc

- **Index Identifier:** MRNA

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   2738609 | NS      | $2738609.02   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -13750 | NC      | $-316250.00   | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     13750 | NC      | $6875.07      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -5000 | NC      | $-1127500.00  | -1.19%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8330 | NC      | $-1628515.00  | -1.72%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -4000 | NC      | $-536000.00   | -0.57%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     35080 | NC      | $12541100.00  | 13.26%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MRNA 11/21/2025 25.01 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -35080 | NC      | $-4591196.73  | -4.85%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19231000 | PA      | $19015487.80  | 20.10%            | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25085000 | PA      | $25077067.37  | 26.51%            | 2025-11-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5000 | NC      | $575000.00    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      8330 | NC      | $841330.00    | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -4000 | NC      | $-308000.00   | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4000 | NC      | $240000.00    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Moderna Inc                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4000 | NC      | $138000.00    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797RF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17064000 | PA      | $16644691.96  | 17.60%            | 2026-07-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797RG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8626000 | PA      | $8388749.03   | 8.87%             | 2026-08-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797SL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5620000 | PA      | $5529069.97   | 5.84%             | 2026-04-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond           | CUSIP: 91282CGE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9718000 | PA      | $9716965.32   | 10.27%            | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer