# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001413032-25-000090
**Filing Date:** 2025-8
**Character Count:** 16283
**Document Hash:** fd51a9a079ecf0eb26adb59bd4235bf5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413032-25-000090.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001413032-25-000090

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**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:** 251244746

**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

### Columbia Variable Portfolio - Select Large Cap Value Fund (Series ID: S000019845)

| Class ID   | Class Name                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000055682 | Columbia Variable Portfolio - Select Large Cap Value Fund Class 3 |  |
| C000088767 | Columbia Variable Portfolio - Select Large Cap Value Fund Class 1 |  |
| C000088768 | Columbia Variable Portfolio - Select Large Cap Value Fund Class 2 |  |

## 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:** Columbia Variable Portfolio - Select Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000019845

- **c. LEI of Series:** T4636UH5DZBUX9HYUB02

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

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

- **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:** $2202342505.01

**Total Liabilities:** $326964.17

**Net Assets:** $2202015540.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055682 | -3.17%               | 5.26%                | 4.04%                |
| Class ID C000088767 | -3.16%               | 5.25%                | 4.07%                |
| Class ID C000088768 | -3.18%               | 5.23%                | 4.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $17154951.47             | $-89602153.89                              |
| Month 2  | $13244007.87             | $93007021.00                               |
| Month 3  | $25956503.26             | $58518112.22                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BRISTOL-MYERS SQUIBB CO          | Bristol-Myers Squibb Co          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |   1023158 | NS      | $47361983.82  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP                      | Cigna Group/The                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    142821 | NS      | $47213766.18  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                         | CSX Corp                         | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |   1172334 | NS      | $38253258.42  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                  | CVS Health Corp                  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    956486 | NS      | $65978404.28  | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP                         | AES Corp/The                     | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |   6911678 | NS      | $72710852.56  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                     | Alphabet Inc                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    244472 | NS      | $43083300.56  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP INC | American International Group Inc | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    761547 | NS      | $65180807.73  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP              | American Tower Corp              | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    301299 | NS      | $66593104.98  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MAT INC                  | Applied Materials Inc            | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    458435 | NS      | $83925695.45  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1310238 | NS      | $62000462.16  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRICK MINING CORP              | Barrick Mining Corp              | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |   2081238 | NS      | $43331375.16  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                        | Boeing Co/The                    | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    350079 | NS      | $73352052.87  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                  | Caterpillar Inc                  | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    160928 | NS      | $62473858.88  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORP                     | Centene Corp                     | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    889120 | NS      | $48261433.60  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                     | Chevron Corp                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    336588 | NS      | $48196035.72  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    864269 | NS      | $73566577.28  | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND    | COLUMBIA SHORT TERM CASH FUND    | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  42255456 | NS      | $42247004.61  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC         | Constellation Brands Inc         | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    305348 | NS      | $49674012.64  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INC                      | Corning Inc                      | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |   1500526 | NS      | $78912662.34  | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM SYSTEMS INC                 | EPAM Systems Inc                 | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |    377655 | NS      | $66776957.10  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP                 | FirstEnergy Corp                 | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    495535 | NS      | $19950239.10  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEPORT-MCMORAN INC             | Freeport-McMoRan Inc             | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |   1687288 | NS      | $73143934.80  | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    242240 | NS      | $70227798.40  | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COMPANIES INC              | Lowe's Cos Inc                   | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    292249 | NS      | $64841285.63  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORP          | Marathon Petroleum Corp          | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    302069 | NS      | $50176681.59  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                      | MetLife Inc                      | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    660748 | NS      | $53137354.16  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    432470 | NS      | $60917724.20  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                        | PG&E Corp                        | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |   4610125 | NS      | $64265142.50  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC  | Philip Morris International Inc  | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    345945 | NS      | $63006962.85  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                     | QUALCOMM Inc                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    367977 | NS      | $58604017.02  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORP                         | RTX Corp                         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    450554 | NS      | $65789895.08  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO            | Southwest Airlines Co            | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |   1084776 | NS      | $35190133.44  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP            | Tenet Healthcare Corp            | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |    360112 | NS      | $63379712.00  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADATA CORP                    | Teradata Corp                    | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    929998 | NS      | $20748255.38  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC       | Verizon Communications Inc       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |   1828233 | NS      | $79107641.91  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COMPANIES INC           | Williams Cos Inc/The             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    857799 | NS      | $53878355.19  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                   | TechnipFMC PLC                   | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |   2184879 | NS      | $75247232.76  | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    625655 | NS      | $50127478.60  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-23

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

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer