# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0001752724-25-181810
**Filing Date:** 2025-7
**Character Count:** 33239
**Document Hash:** 355451705120d48d1c60a204f7412ef2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181810.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181810

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 251159312

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### One Global ETF (Series ID: S000072561)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000228894 | One Global ETF | FFND            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST II

- **b. Investment Company Act file number:** 811-22549

- **c. CIK number of Registrant:** 0001518042

- **d. LEI of Registrant:** 549300TH7YXW5G2QY588

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** One Global ETF

- **b. EDGAR series identifier (if any):** S000072561

- **c. LEI of Series:** 5493006XE0KB870NJS84

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $71947150.34

**Total Liabilities:** $420087.72

**Net Assets:** $71527062.62

**Cash Not Reported:** $573404.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228894 | -5.50%               | -0.48%               | 6.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-148657.97              | $-3318244.53                               |
| Month 2  | $-710145.66              | $648256.53                                 |
| Month 3  | $-87662.66               | $4195468.66                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Eli Lilly & Co.                              | ELI LILLY & CO            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1025 | NS      | $756111.75    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                    | HALOZYME THERAPE          | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     14255 | NS      | $799277.85    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                            | EXXON MOBIL CORP          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      7341 | NS      | $750984.30    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                  | ZOETIS INC                | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      4409 | NS      | $743489.67    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                    | GOLDMAN SACHS GP          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1227 | NS      | $736752.15    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                     | VISA INC-CLASS A          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3128 | NS      | $1142314.32   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                  | LPL FINANCIAL HO          | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2311 | NS      | $894726.76    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc                       | CHEESECAKE FACTO          | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     10208 | NS      | $563175.36    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | AMAZON.COM INC            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      8215 | NS      | $1684157.15   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                               | BLACKROCK INC             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       685 | NS      | $671224.65    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp.                            | KNIFE RIVER               | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4404 | NS      | $414416.40    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA CORP               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     12552 | NS      | $1696151.76   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                          | DOMINION ENERGY           | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     15642 | NS      | $886432.14    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                        | UBER TECHNOLOGIE          | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      5755 | NS      | $484340.80    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                            | DR HORTON INC             | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      5173 | NS      | $610724.38    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Global E Online Ltd                          | GLOBAL-E ONLINE           | CUSIP: M5216V106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     13346 | NS      | $425337.02    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                  | WALMART INC               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      8801 | NS      | $868834.72    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc.                        | BWX TECHNOLOGIES          | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      4404 | NS      | $553142.40    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                    | ARGENX SE - ADR           | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |       887 | NS      | $508481.62    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | ALPHABET INC-A            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11938 | NS      | $2050232.12   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                      | AON PLC-CLASS A           | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      1972 | NS      | $733741.76    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd.                             | NINTENDO CO LTD-UNSPONS A | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     38153 | NS      | $779847.32    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                            | YETI HOLDINGS IN          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     20729 | NS      | $633478.24    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                       | PALO ALTO NETWOR          | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      3443 | NS      | $662502.06    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                     | PROCTER & GAMBLE          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      5715 | NS      | $970921.35    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                       | BP PLC-ADR                | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |     26111 | NS      | $759830.10    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                            | NATIONAL GRI-ADR          | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |      6406 | NS      | $457324.34    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                            | CIENA CORP                | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |      6898 | NS      | $552253.88    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | JOHNSON&JOHNSON           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      6257 | NS      | $971148.97    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano S A B de C V      | FOMENTO ECON-ADR          | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |      4000 | NS      | $426120.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | MICROSOFT CORP            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3128 | NS      | $1440006.08   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Smiths Group PLC                             | SMITHS GROUP-ADR          | CUSIP: 83238P203<br>LEI: 213800MJL6IPZS3ASA11 | Long             | EC               | CORP              | GB        |     13833 | NS      | $412500.06    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                           | META PLATFORMS-A          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2765 | NS      | $1790309.85   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                          | ABBOTT LABS               | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      5914 | NS      | $789992.12    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings PLC                     | ROLLS-ROYCE-ADR           | CUSIP: 775781206<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |     70949 | NS      | $823717.89    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                              | BAE SYSTEMS PLC -SPON ADR | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     11241 | NS      | $1155574.80   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Macau Ltd.                              | WYNN MACAU-ADR            | CUSIP: 98313R106<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | EC               | CORP              | KY        |     40016 | NS      | $266906.72    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                | EQUINIX INC               | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       848 | NS      | $753719.36    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                        | DELL TECHN-C              | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      7829 | NS      | $871132.83    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                 | UNILEVER PLC-ADR          | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     14681 | NS      | $937235.04    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                   | HALEON-ADR                | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |     56351 | NS      | $639583.85    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliancebernstein Holding L.P.               | ALLIANCEBERNSTEIN HOLDING | CUSIP: 01881G106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12672 | NS      | $506246.40    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                       | SAP SE-SPONS ADR          | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      3128 | NS      | $947346.08    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                          | CISCO SYSTEMS             | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     17810 | NS      | $1122742.40   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                              | HOME DEPOT INC            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2004 | NS      | $738053.16    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                              | SALESFORCE INC            | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2852 | NS      | $756835.24    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                 | UBS GROUP AG              | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     24067 | NS      | $767496.63    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                                  | DATADOG INC-A             | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      3425 | NS      | $403739.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab Inc                                   | GITLAB INC-CL A           | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |     11015 | NS      | $501292.65    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc.                              | DRAFTKINGS INC            | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     18292 | NS      | $656316.96    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                | PINTEREST INC -A          | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15655 | NS      | $487027.05    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                 | DOORDASH INC-A            | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      3750 | NS      | $782437.50    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMORGAN CHASE            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4212 | NS      | $1111968.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                             | SONY GROUP-ADR            | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     33035 | NS      | $871463.30    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.                      | SPOTIFY TECHNOLO          | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |       886 | NS      | $589314.04    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc.                       | RPM INTL INC              | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      6257 | NS      | $712296.88    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                    | SAFRAN SA-ADR             | CUSIP: 786584102<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     11660 | NS      | $857476.40    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     10364 | NS      | $780616.48    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide S.A.(L')                         | AIR LIQ-UNSP ADR          | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     10711 | NS      | $443328.29    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                        | SCHNEIDER ELECT SE-UNSP A | CUSIP: 80687P106<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     14681 | NS      | $736252.15    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                       | MICRON TECH               | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     10218 | NS      | $965192.28    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                   | LAZARD INC                | CUSIP: 52110M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11352 | NS      | $492676.80    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                 | METLIFE INC               | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      9385 | NS      | $737473.30    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc.                                   | BAIDU INC-SP ADR          | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |      7218 | NS      | $591154.20    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                        | NXP SEMICONDUCTO          | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      4627 | NS      | $884358.51    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                | NETFLIX INC               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       887 | NS      | $1070813.01   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                    | BLOCK INC                 | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     17658 | NS      | $1090381.50   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ConvaTec Group PLC                           | CONVATEC GR-ADR           | CUSIP: 21244X109<br>LEI: 213800LS272L4FIDOH92 | Long             | EC               | CORP              | GB        |     25439 | NS      | $402953.76    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| GDS Holdings Ltd.                            | GDS HLDGS - ADR           | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | KY        |     16740 | NS      | $396570.60    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                          | MERCURY SYSTEMS           | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |      5657 | NS      | $278607.25    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                         | GILEAD SCIENCES           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      6390 | NS      | $703411.20    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                | ENBRIDGE INC              | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     13200 | NS      | $614255.43    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA           | MILLICOM INTL             | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |     16139 | NS      | $605373.89    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Galderma Group AG                            | GALDERMA GR-ADR           | CUSIP: 36321W105<br>LEI: 89450001OK6O8ELQ4584 | Long             | EC               | CORP              | CH        |     14196 | NS      | $376194.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corporation             | EDWARDS LIFE              | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      7409 | NS      | $579531.98    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                 | THERMO FISHER             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1823 | NS      | $734340.86    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthequity Inc                             | HEALTHEQUITY INC          | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |      5380 | NS      | $541281.80    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                              | CATERPILLAR INC           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2029 | NS      | $706152.87    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                | CHEVRON CORP              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5173 | NS      | $707149.10    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd.                               | CREDICORP LTD             | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |      2200 | NS      | $465982.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd.                                  | BYD CO-UNSP ADR           | CUSIP: 05606L100<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |      5909 | NS      | $584991.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation               | SCHWAB (CHARLES)          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      9385 | NS      | $829070.90    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                              | T-MOBILE US INC           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      2736 | NS      | $662659.20    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                     | AMERICAN EXPRESS          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      1661 | NS      | $488417.05    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                           | CIRRUS LOGIC INC          | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      4892 | NS      | $481177.12    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                       | APPLIED MATERIAL          | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3425 | NS      | $536868.75    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated          | VERTEX PHARM              | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      2406 | NS      | $1063572.30   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                 | GENERAL DYNAMICS          | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3128 | NS      | $871116.72    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                              | DEERE & CO                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1332 | NS      | $674338.32    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | TAIWAN SEMIC-ADR          | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      3670 | NS      | $709484.40    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                   | APPLE INC                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      8812 | NS      | $1769890.20   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | BANK OF AMERICA           | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     17810 | NS      | $785955.30    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC              | LONDON STOCK-ADR          | CUSIP: 54211N101<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     16698 | NS      | $640201.32    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST II

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer