# EDGAR Filing Document

**Accession Number:** 0001981627
**File Stem:** 0001752724-25-205900
**Filing Date:** 2025-8
**Character Count:** 37644
**Document Hash:** d6f908c605da108bd40020f32e9a83e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205900.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205900

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 2023 ETF Series Trust II
- **CENTRAL INDEX KEY:** 0001981627

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23895
- **FILM NUMBER:** 251257027

**BUSINESS ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **STREET 2:** SUITE 100
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 212-309-6231

**MAIL ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **STREET 2:** SUITE 100
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

## Series and Classes Contracts Data

### GMO Beyond China ETF (Series ID: S000088547)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000254839 | GMO Beyond China ETF | BCHI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 2023 ETF Series Trust II

- **b. Investment Company Act file number:** 811-23895

- **c. CIK number of Registrant:** 0001981627

- **d. LEI of Registrant:** 5299001GULBDPKO8HM33

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

  - **Street Address 1:** Three Canal Plaza

  - **City:** Portland

  - **State:** ME

  - **Foreign country:** US

  - **Zip / Postal Code:** 04101

  - **Telephone number:** 614-416-9058

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

- **a. Name of Series:** GMO Beyond China ETF

- **b. EDGAR series identifier (if any):** S000088547

- **c. LEI of Series:** 52990010I07PLVDP2C96

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $10995416.35

**Total Liabilities:** $92294.58

**Net Assets:** $10903121.77

**Cash Not Reported:** $40630.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254839 | 2.78%                | 5.32%                | 4.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-115.10                 | $85819.49                                  |
| Month 2  | $-24208.10               | $394333.40                                 |
| Month 3  | $31316.32                | $438597.00                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SCB X PCL                                    | SCB X PCL                                             | CUSIP: 000000000<br>LEI: 254900TG41KIWX7VDO42 | Long             | EC               | CORP              | TH        |     15000 | NS      | $54244.09     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Life India Asset Management Ltd       | Nippon Life India Asset Management Ltd                | CUSIP: 000000000<br>LEI: 335800ZQXV958RZSRU89 | Long             | EC               | CORP              | IN        |      6953 | NS      | $64779.00     | 0.59%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HMM Co Ltd                                   | HMM Co Ltd                                            | CUSIP: 000000000<br>LEI: 988400M8Q35QDZ4XXW80 | Long             | EC               | CORP              | KR        |      5298 | NS      | $88326.17     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Finolex Cables Ltd                           | Finolex Cables Ltd                                    | CUSIP: 000000000<br>LEI: 335800KAEKSMUCIH3795 | Long             | EC               | CORP              | IN        |      1790 | NS      | $20600.86     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Engineering & Construction Co Ltd    | Hyundai Engineering & Construction Co Ltd             | CUSIP: 000000000<br>LEI: 988400CEQG9N710HN313 | Long             | EC               | CORP              | KR        |       469 | NS      | $27279.56     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Karsan Otomotiv Sanayii Ve Ticaret AS        | Karsan Otomotiv Sanayii Ve Ticaret AS                 | CUSIP: 000000000<br>LEI: 789000EXC8NO2004MU85 | Long             | EC               | CORP              | TR        |     73950 | NS      | $17179.21     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp Inmobiliaria Vesta SAB de CV            | Corp Inmobiliaria Vesta SAB de CV                     | CUSIP: 000000000<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |     17300 | NS      | $47600.47     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hero MotoCorp Ltd                            | Hero MotoCorp Ltd                                     | CUSIP: 000000000<br>LEI: 335800Q49FBMZJTRLK49 | Long             | EC               | CORP              | IN        |      5137 | NS      | $253711.25    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindalco Industries Ltd                      | Hindalco Industries Ltd                               | CUSIP: 000000000<br>LEI: 335800KXLE5NO5B4GF90 | Long             | EC               | CORP              | IN        |     15361 | NS      | $124100.62    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Balkrishna Industries Ltd                    | Balkrishna Industries Ltd                             | CUSIP: 000000000<br>LEI: 3358006BD9NZGXG1I436 | Long             | EC               | CORP              | IN        |      1890 | NS      | $53773.32     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                                   | Embraer SA                                            | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |      1056 | NS      | $60096.96     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Mavi Giyim Sanayi Ve Ticaret AS              | Mavi Giyim Sanayi Ve Ticaret AS                       | CUSIP: 000000000<br>LEI: 7890004V7753Z4N1L403 | Long             | EC               | CORP              | TR        |    115340 | NS      | $111407.01    | 1.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Gruma SAB de CV                              | Gruma SAB de CV                                       | CUSIP: 000000000<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | EC               | CORP              | MX        |      5650 | NS      | $97445.15     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Gelex Group JSC                              | Gelex Group JSC                                       | CUSIP: 000000000<br>LEI: 254900UZ9XPJL8YEZZ51 | Long             | EC               | CORP              | VN        |     76615 | NS      | $109699.32    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                 | State Street Institutional Treasury Money Market Fund | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |    152624 | NS      | $152624.42    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Supalai PCL                                  | Supalai PCL                                           | CUSIP: 000000000<br>LEI: 9845000F0E39B2C16696 | Long             | EC               | CORP              | TH        |     79000 | NS      | $35246.00     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Eicher Motors Ltd                            | Eicher Motors Ltd                                     | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |      4271 | NS      | $280882.00    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Dixon Technologies India Ltd                 | Dixon Technologies India Ltd                          | CUSIP: 000000000<br>LEI: 335800D7XO7AVXXJ8575 | Long             | EC               | CORP              | IN        |       348 | NS      | $60822.90     | 0.56%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA                   | Bank Polska Kasa Opieki SA                            | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |      1590 | NS      | $81609.72     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DB HiTek Co Ltd                              | DB HiTek Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1709 | NS      | $59262.89     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergreen Marine Corp Taiwan Ltd             | Evergreen Marine Corp Taiwan Ltd                      | CUSIP: 000000000<br>LEI: 254900EIJA0A39C5SO15 | Long             | EC               | CORP              | TW        |      3189 | NS      | $21724.33     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HBL Engineering Ltd                          | HBL Engineering Ltd                                   | CUSIP: 000000000<br>LEI: 335800TCS594SBXTZH80 | Long             | EC               | CORP              | IN        |      3570 | NS      | $24726.91     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                   | Samsung Electronics Co Ltd                            | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      7821 | NS      | $346544.01    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile World Investment Corp                 | Mobile World Investment Corp                          | CUSIP: 000000000<br>LEI: 254900ZRFNB8CRAHHO95 | Long             | EC               | CORP              | VN        |    107300 | NS      | $269066.44    | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PCBL CHEMICAL Ltd                            | PCBL CHEMICAL Ltd                                     | CUSIP: 000000000<br>LEI: 335800I8VXFCCF21IB24 | Long             | EC               | CORP              | IN        |      7763 | NS      | $37805.70     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco del Bajio SA                           | Banco del Bajio SA                                    | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |     13900 | NS      | $33556.45     | 0.31%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Parade Technologies Ltd                      | Parade Technologies Ltd                               | CUSIP: 000000000<br>LEI: 529900D9FDQHQKAQLY02 | Long             | EC               | CORP              | KY        |      3111 | NS      | $63472.41     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Glovis Co Ltd                        | Hyundai Glovis Co Ltd                                 | CUSIP: 000000000<br>LEI: 988400U6RDXNJ5ZRN304 | Long             | EC               | CORP              | KR        |       949 | NS      | $94787.49     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Bank PCL                             | Bangkok Bank PCL                                      | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |      9000 | NS      | $38509.58     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinh Bac City Development Holding Corp       | Kinh Bac City Development Holding Corp                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |     59200 | NS      | $60626.71     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Development PJSC                       | Emaar Development PJSC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |      6360 | NS      | $23378.53     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Coromandel International Ltd                 | Coromandel International Ltd                          | CUSIP: 000000000<br>LEI: 335800U73K3HJSQKT249 | Long             | EC               | CORP              | IN        |      1868 | NS      | $54364.99     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Aneka Tambang Tbk                            | Aneka Tambang Tbk                                     | CUSIP: 000000000<br>LEI: 529900LRE2NALSSHMB80 | Long             | EC               | CORP              | ID        |    528800 | NS      | $99017.68     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                                 | MediaTek Inc                                          | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      9369 | NS      | $400905.45    | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentera SAB de CV                            | Gentera SAB de CV                                     | CUSIP: 000000000<br>LEI: 4469000001ECOWXFNE33 | Long             | EC               | CORP              | MX        |     45747 | NS      | $97615.70     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Bank Polska SA                     | Santander Bank Polska SA                              | CUSIP: 000000000<br>LEI: 259400LGXW3K0GDAG361 | Long             | EC               | CORP              | PL        |       220 | NS      | $30128.04     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB India Ltd                                | ABB India Ltd                                         | CUSIP: 000000000<br>LEI: 5493001BUNB8WEF9JI21 | Long             | EC               | CORP              | IN        |       870 | NS      | $61729.83     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Gamuda Bhd                                   | Gamuda Bhd                                            | CUSIP: 000000000<br>LEI: 254900RW4N94L9KA9137 | Long             | EC               | CORP              | MY        |     56000 | NS      | $63707.40     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                 | Wal-Mart de Mexico SAB de CV                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     18008 | NS      | $59577.21     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Thailand PCL               | Delta Electronics Thailand PCL                        | CUSIP: 000000000<br>LEI: 529900JKLVG9Y2SVWL93 | Long             | EC               | CORP              | TH        |     14600 | NS      | $43339.35     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chambal Fertilisers and Chemicals Ltd        | Chambal Fertilisers and Chemicals Ltd                 | CUSIP: 000000000<br>LEI: 335800DFMF2OEJ7HWM17 | Long             | EC               | CORP              | IN        |     10242 | NS      | $67571.40     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT                     | Bank Central Asia Tbk PT                              | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |    669000 | NS      | $357473.05    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Chroma ATE Inc                               | Chroma ATE Inc                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4740 | NS      | $71800.97     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental SAB de CV                   | Arca Continental SAB de CV                            | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |     19000 | NS      | $201295.00    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT                  | Bank Mandiri Persero Tbk PT                           | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |    469000 | NS      | $140974.44    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Navin Fluorine International Ltd             | Navin Fluorine International Ltd                      | CUSIP: 000000000<br>LEI: 335800OVIUAAKYG44C59 | Long             | EC               | CORP              | IN        |      1043 | NS      | $58375.65     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Firstsource Solutions Ltd                    | Firstsource Solutions Ltd                             | CUSIP: 000000000<br>LEI: 335800UFBBNPDIZWQX32 | Long             | EC               | CORP              | IN        |     19400 | NS      | $84942.86     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                        | Emaar Properties PJSC                                 | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |     52529 | NS      | $194520.07    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA             | Powszechny Zaklad Ubezpieczen SA                      | CUSIP: 000000000<br>LEI: QLPCKOOKVX32FUELX240 | Long             | EC               | CORP              | PL        |     10960 | NS      | $191568.52    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| IRCON International Ltd                      | IRCON International Ltd                               | CUSIP: 000000000<br>LEI: 335800MHXEWYPXT69Y41 | Long             | EC               | CORP              | IN        |     17371 | NS      | $41098.13     | 0.38%             |  |  |  | Yes           |                  1 | On Loan: No      |
| My EG Services Bhd                           | My EG Services Bhd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    194200 | NS      | $43816.65     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Opto-Electronics Corp                | Radiant Opto-Electronics Corp                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     34798 | NS      | $160219.46    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldar Properties PJSC                        | Aldar Properties PJSC                                 | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |     51943 | NS      | $126159.00    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins India Ltd                            | Cummins India Ltd                                     | CUSIP: 000000000<br>LEI: 3358002PR6NKJRU4YS77 | Long             | EC               | CORP              | IN        |      3181 | NS      | $126075.31    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Amara Raja Energy & Mobility Ltd             | Amara Raja Energy & Mobility Ltd                      | CUSIP: 000000000<br>LEI: 335800PV7RRC72PLCG19 | Long             | EC               | CORP              | IN        |      1809 | NS      | $20340.70     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WEG SA                                       | WEG SA                                                | CUSIP: 000000000<br>LEI: 254900NKQV127YFRO022 | Long             | EC               | CORP              | BR        |     31086 | NS      | $244769.85    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Micro-Star International Co Ltd              | Micro-Star International Co Ltd                       | CUSIP: 000000000<br>LEI: 254900F4E0BDGJSSD870 | Long             | EC               | CORP              | TW        |      6251 | NS      | $30707.19     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Manappuram Finance Ltd                       | Manappuram Finance Ltd                                | CUSIP: 000000000<br>LEI: 335800JL5WTUSKOSPN77 | Long             | EC               | CORP              | IN        |     19937 | NS      | $64074.58     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV         | Fomento Economico Mexicano SAB de CV                  | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |       426 | NS      | $43869.48     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Auto Ltd                               | Bajaj Auto Ltd                                        | CUSIP: 000000000<br>LEI: 335800DLAO5NCNN8G863 | Long             | EC               | CORP              | IN        |       142 | NS      | $13858.91     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Negara Indonesia Persero Tbk PT         | Bank Negara Indonesia Persero Tbk PT                  | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | EC               | CORP              | ID        |    427000 | NS      | $108360.95    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Castrol India Ltd                            | Castrol India Ltd                                     | CUSIP: 000000000<br>LEI: 335800KCNMKXQFPJ5Q28 | Long             | EC               | CORP              | IN        |     21711 | NS      | $56150.88     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                        | Delta Electronics Inc                                 | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     23189 | NS      | $327846.67    | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kasikornbank PCL                             | Kasikornbank PCL                                      | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |     29900 | NS      | $141235.64    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Korean Air Lines Co Ltd                      | Korean Air Lines Co Ltd                               | CUSIP: 000000000<br>LEI: 988400C2UFBF4B660C58 | Long             | EC               | CORP              | KR        |      1668 | NS      | $28302.61     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Gemadept Corp                                | Gemadept Corp                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |     27600 | NS      | $61179.53     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Moneta Money Bank AS                         | Moneta Money Bank AS                                  | CUSIP: 000000000<br>LEI: I6USJ58BDV2BO5KP3C31 | Long             | EC               | CORP              | CZ        |      6450 | NS      | $44494.84     | 0.41%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Samsung SDI Co Ltd                           | Samsung SDI Co Ltd                                    | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EC               | CORP              | KR        |       579 | NS      | $74133.97     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank for Foreign Trade of Vietnam JSC        | Bank for Foreign Trade of Vietnam JSC                 | CUSIP: 000000000<br>LEI: 2549004TS5QUBFGAWE51 | Long             | EC               | CORP              | VN        |     11900 | NS      | $25968.11     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AU Small Finance Bank Ltd                    | AU Small Finance Bank Ltd                             | CUSIP: 000000000<br>LEI: 3358006J6L5P5MWKCU97 | Long             | EC               | CORP              | IN        |      8597 | NS      | $82185.76     | 0.75%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Realtek Semiconductor Corp                   | Realtek Semiconductor Corp                            | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |      9681 | NS      | $187906.58    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirloskar Brothers Ltd                       | Kirloskar Brothers Ltd                                | CUSIP: 000000000<br>LEI: 335800ER8I3MX42RBR71 | Long             | EC               | CORP              | IN        |      1089 | NS      | $29917.02     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Deepak Fertilisers & Petrochemicals Corp Ltd          | CUSIP: 000000000<br>LEI: 335800L8H93YOMVGIS05 | Long             | EC               | CORP              | IN        |      3780 | NS      | $76031.95     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcelik AS                                   | Arcelik AS                                            | CUSIP: 000000000<br>LEI: 789000748KTQCUMJ0R25 | Long             | EC               | CORP              | TR        |     17027 | NS      | $52383.86     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantech Co Ltd                             | Advantech Co Ltd                                      | CUSIP: 000000000<br>LEI: 2549002OSTKE9HB9IY03 | Long             | EC               | CORP              | TW        |      4840 | NS      | $56333.01     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Dogus Otomotiv Servis ve Ticaret AS          | Dogus Otomotiv Servis ve Ticaret AS                   | CUSIP: 000000000<br>LEI: 789000PVDP82LTUNS694 | Long             | EC               | CORP              | TR        |      9520 | NS      | $41649.36     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Asian Paints Ltd                             | Asian Paints Ltd                                      | CUSIP: 000000000<br>LEI: 335800HEHXGYRUNERD75 | Long             | EC               | CORP              | IN        |      7257 | NS      | $198171.27    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Hotels Co Ltd/The                     | Indian Hotels Co Ltd/The                              | CUSIP: 000000000<br>LEI: 33580076CH5SBY5HWA22 | Long             | EC               | CORP              | IN        |      3463 | NS      | $30686.88     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd    | Taiwan Semiconductor Manufacturing Co Ltd             | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      3710 | NS      | $840277.90    | 7.71%             |  |  |  | No            |                  1 | On Loan: No      |
| KEI Industries Ltd                           | KEI Industries Ltd                                    | CUSIP: 000000000<br>LEI: 335800UDWBC2AWPU7M56 | Long             | EC               | CORP              | IN        |       653 | NS      | $28947.18     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                               | ICICI Bank Ltd                                        | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     13189 | NS      | $443677.96    | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Finance Ltd                            | Bajaj Finance Ltd                                     | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |     14704 | NS      | $160653.54    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bizlink Holding Inc                          | Bizlink Holding Inc                                   | CUSIP: 000000000<br>LEI: 213800YAKRFVU5XOX138 | Long             | EC               | CORP              | KY        |       997 | NS      | $28942.08     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV           | Grupo Financiero Banorte SAB de CV                    | CUSIP: 40052P107<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      2682 | NS      | $122835.60    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Thailand PCL                              | AP Thailand PCL                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    264000 | NS      | $50857.08     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd            | Hon Hai Precision Industry Co Ltd                     | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |     12060 | NS      | $66467.89     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ceat Ltd                                     | Ceat Ltd                                              | CUSIP: 000000000<br>LEI: 3358007DPAGLLYGSGB80 | Long             | EC               | CORP              | IN        |      2021 | NS      | $86769.15     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Phison Electronics Corp                      | Phison Electronics Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3513 | NS      | $60490.18     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinbon Electronics Co Ltd                    | Sinbon Electronics Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6051 | NS      | $45260.29     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| LS Electric Co Ltd                           | LS Electric Co Ltd                                    | CUSIP: 000000000<br>LEI: 988400AF8KS117D7D072 | Long             | EC               | CORP              | KR        |      1089 | NS      | $241264.82    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                              | Cemex SAB de CV                                       | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     10260 | NS      | $71101.80     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                | HDFC Bank Ltd                                         | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      7159 | NS      | $548880.53    | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroVietnam Gas JSC                         | PetroVietnam Gas JSC                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |     13800 | NS      | $35820.14     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Voltronic Power Technology Corp              | Voltronic Power Technology Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       508 | NS      | $21911.54     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd                          | Shriram Finance Ltd                                   | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |      2627 | NS      | $21664.48     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SRF Ltd                                      | SRF Ltd                                               | CUSIP: 000000000<br>LEI: 335800436F28GT8ZW506 | Long             | EC               | CORP              | IN        |      1770 | NS      | $66787.78     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| JUMBO SA                                     | JUMBO SA                                              | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |      2040 | NS      | $70408.47     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Krung Thai Bank PCL                          | Krung Thai Bank PCL                                   | CUSIP: 000000000<br>LEI: 54930007ZQMYCRFQGE36 | Long             | EC               | CORP              | TH        |    437000 | NS      | $286656.69    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-01

**Name of Applicant:** 2023 ETF Series Trust II

**Signature:** Betty Maganzini

**Name of Signer:** Betty Maganzini

**Title:** Treasurer