# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001193125-25-298489
**Filing Date:** 2025-11
**Character Count:** 46991
**Document Hash:** 3eb0ce57759a6554831c15ab63b7a8ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-298489.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001193125-25-298489

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**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:** 251524062

**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

### CTIVP - T. Rowe Price Large Cap Value Fund (Series ID: S000028696)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000087810 | CTIVP - T. Rowe Price Large Cap Value Fund Class 1 |  |
| C000087811 | CTIVP - T. Rowe Price Large Cap Value Fund Class 2 |  |

## Nport-Ex

![](img1a45ede81.jpg)

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund

**Third Quarter Report**

September 30, 2025 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, September 30, 2025 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Common Stocks 98.1%** | **Common Stocks 98.1%** | **Common Stocks 98.1%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 6.4%** | **Communication Services 6.4%** | **Communication Services 6.4%** |
| **Entertainment 0.8%** | **Entertainment 0.8%** | **Entertainment 0.8%** |
| Walt Disney Co. (The) | &nbsp;&nbsp; 148916 | &nbsp;&nbsp; 17050882 |
| **Interactive Media & Services 4.3%** | **Interactive Media & Services 4.3%** | **Interactive Media & Services 4.3%** |
| Alphabet, Inc., Class C | &nbsp;&nbsp; 304286 | &nbsp;&nbsp; 74108855 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp; 22069 | &nbsp;&nbsp; 16207032 |
| Total |  | &nbsp;&nbsp; 90315887 |
| **Media 1.3%** | **Media 1.3%** | **Media 1.3%** |
| Comcast Corp., Class A | &nbsp;&nbsp; 363220 | &nbsp;&nbsp; 11412373 |
| News Corp., Class A | &nbsp;&nbsp; 531982 | &nbsp;&nbsp; 16337167 |
| Total |  | &nbsp;&nbsp; 27749540 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **135116309** |
| **Consumer Discretionary 5.4%** | **Consumer Discretionary 5.4%** | **Consumer Discretionary 5.4%** |
| **Broadline Retail 2.3%** | **Broadline Retail 2.3%** | **Broadline Retail 2.3%** |
| Amazon.com, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 213033 | &nbsp;&nbsp; 46775656 |
| **Hotels, Restaurants & Leisure 1.2%** | **Hotels, Restaurants & Leisure 1.2%** | **Hotels, Restaurants & Leisure 1.2%** |
| Las Vegas Sands Corp. | &nbsp;&nbsp; 478518 | &nbsp;&nbsp; 25739483 |
| **Specialty Retail 1.9%** | **Specialty Retail 1.9%** | **Specialty Retail 1.9%** |
| Home Depot, Inc. (The) | &nbsp;&nbsp; 97556 | &nbsp;&nbsp; 39528716 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **112043855** |
| **Consumer Staples 8.9%** | **Consumer Staples 8.9%** | **Consumer Staples 8.9%** |
| **Beverages 0.7%** | **Beverages 0.7%** | **Beverages 0.7%** |
| Coca-Cola Co. (The) | &nbsp;&nbsp; 234197 | &nbsp;&nbsp; 15531945 |
| **Consumer Staples Distribution & Retail 0.9%** | **Consumer Staples Distribution & Retail 0.9%** | **Consumer Staples Distribution & Retail 0.9%** |
| Walmart, Inc. | &nbsp;&nbsp; 194542 | &nbsp;&nbsp; 20049498 |
| **Household Products 4.5%** | **Household Products 4.5%** | **Household Products 4.5%** |
| Colgate-Palmolive Co. | &nbsp;&nbsp; 328482 | &nbsp;&nbsp; 26258851 |
| Kimberly-Clark Corp. | &nbsp;&nbsp; 248849 | &nbsp;&nbsp; 30941885 |
| Procter & Gamble Co. (The) | &nbsp;&nbsp; 245429 | &nbsp;&nbsp; 37710166 |
| Total |  | &nbsp;&nbsp; 94910902 |
| **Personal Care Products 1.5%** | **Personal Care Products 1.5%** | **Personal Care Products 1.5%** |
| Kenvue, Inc. | &nbsp;&nbsp; 1886871 | &nbsp;&nbsp; 30623916 |
| **Tobacco 1.3%** | **Tobacco 1.3%** | **Tobacco 1.3%** |
| Philip Morris International, Inc. | &nbsp;&nbsp; 162834 | &nbsp;&nbsp; 26411675 |
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **187527936** |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Energy 8.1%** | **Energy 8.1%** | **Energy 8.1%** |
| **Energy Equipment & Services 0.9%** | **Energy Equipment & Services 0.9%** | **Energy Equipment & Services 0.9%** |
| Schlumberger NV | &nbsp;&nbsp; 540539 | &nbsp;&nbsp; 18578326 |
| **Oil, Gas & Consumable Fuels 7.2%** | **Oil, Gas & Consumable Fuels 7.2%** | **Oil, Gas & Consumable Fuels 7.2%** |
| ConocoPhillips Co. | &nbsp;&nbsp; 548588 | &nbsp;&nbsp; 51890939 |
| EOG Resources, Inc. | &nbsp;&nbsp; 121903 | &nbsp;&nbsp; 13667764 |
| EQT Corp. | &nbsp;&nbsp; 167590 | &nbsp;&nbsp; 9121924 |
| Expand Energy Corp. | &nbsp;&nbsp; 87410 | &nbsp;&nbsp; 9286438 |
| Exxon Mobil Corp. | &nbsp;&nbsp; 279040 | &nbsp;&nbsp; 31461760 |
| TotalEnergies SE, ADR | &nbsp;&nbsp; 349856 | &nbsp;&nbsp; 20882905 |
| Williams Companies, Inc. (The) | &nbsp;&nbsp; 243366 | &nbsp;&nbsp; 15417236 |
| Total |  | &nbsp;&nbsp; 151728966 |
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **170307292** |
| **Financials 21.4%** | **Financials 21.4%** | **Financials 21.4%** |
| **Banks 9.5%** | **Banks 9.5%** | **Banks 9.5%** |
| Bank of America Corp. | &nbsp;&nbsp; 1184519 | &nbsp;&nbsp; 61109335 |
| Citigroup, Inc. | &nbsp;&nbsp; 409203 | &nbsp;&nbsp; 41534105 |
| Huntington Bancshares, Inc. | &nbsp;&nbsp; 1155167 | &nbsp;&nbsp; 19949734 |
| U.S. Bancorp | &nbsp;&nbsp; 553699 | &nbsp;&nbsp; 26760273 |
| Wells Fargo & Co. | &nbsp;&nbsp; 591642 | &nbsp;&nbsp; 49591432 |
| Total |  | &nbsp;&nbsp; 198944879 |
| **Capital Markets 2.8%** | **Capital Markets 2.8%** | **Capital Markets 2.8%** |
| Charles Schwab Corp. (The) | &nbsp;&nbsp; 605839 | &nbsp;&nbsp; 57839449 |
| **Financial Services 1.7%** | **Financial Services 1.7%** | **Financial Services 1.7%** |
| Corebridge Financial, Inc. | &nbsp;&nbsp; 385181 | &nbsp;&nbsp; 12345051 |
| Equitable Holdings, Inc. | &nbsp;&nbsp; 477285 | &nbsp;&nbsp; 24236532 |
| Total |  | &nbsp;&nbsp; 36581583 |
| **Insurance 7.4%** | **Insurance 7.4%** | **Insurance 7.4%** |
| Allstate Corp. (The) | &nbsp;&nbsp; 143312 | &nbsp;&nbsp; 30761921 |
| Chubb Ltd. | &nbsp;&nbsp; 153129 | &nbsp;&nbsp; 43220660 |
| Hartford Insurance Group, Inc. (The) | &nbsp;&nbsp; 306996 | &nbsp;&nbsp; 40950196 |
| MetLife, Inc. | &nbsp;&nbsp; 487158 | &nbsp;&nbsp; 40127205 |
| Total |  | &nbsp;&nbsp; 155059982 |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **448425893** |

---

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Health Care 12.8%** | **Health Care 12.8%** | **Health Care 12.8%** |
| **Health Care Equipment & Supplies 3.4%** | **Health Care Equipment & Supplies 3.4%** | **Health Care Equipment & Supplies 3.4%** |
| Baxter International, Inc. | &nbsp;&nbsp; 522711 | &nbsp;&nbsp; 11902129 |
| Becton Dickinson & Co. | &nbsp;&nbsp; 117127 | &nbsp;&nbsp; 21922661 |
| Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp; 393857 | &nbsp;&nbsp; 38794914 |
| Total |  | &nbsp;&nbsp; 72619704 |
| **Health Care Providers & Services 5.1%** | **Health Care Providers & Services 5.1%** | **Health Care Providers & Services 5.1%** |
| Cigna Group (The) | &nbsp;&nbsp; 58217 | &nbsp;&nbsp; 16781050 |
| CVS Health Corp. | &nbsp;&nbsp; 461175 | &nbsp;&nbsp; 34767984 |
| Elevance Health, Inc. | &nbsp;&nbsp; 142241 | &nbsp;&nbsp; 45960912 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp; 25624 | &nbsp;&nbsp; 8847967 |
| Total |  | &nbsp;&nbsp; 106357913 |
| **Life Sciences Tools & Services 0.5%** | **Life Sciences Tools & Services 0.5%** | **Life Sciences Tools & Services 0.5%** |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 22066 | &nbsp;&nbsp; 10702451 |
| **Pharmaceuticals 3.8%** | **Pharmaceuticals 3.8%** | **Pharmaceuticals 3.8%** |
| AstraZeneca PLC, ADR | &nbsp;&nbsp; 184128 | &nbsp;&nbsp; 14126300 |
| Johnson & Johnson | &nbsp;&nbsp; 71304 | &nbsp;&nbsp; 13221188 |
| Merck & Co., Inc. | &nbsp;&nbsp; 240077 | &nbsp;&nbsp; 20149663 |
| Sanofi SA, ADR | &nbsp;&nbsp; 302255 | &nbsp;&nbsp; 14266436 |
| Viatris, Inc. | &nbsp;&nbsp; 1738476 | &nbsp;&nbsp; 17210912 |
| Total |  | &nbsp;&nbsp; 78974499 |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **268654567** |
| **Industrials 13.6%** | **Industrials 13.6%** | **Industrials 13.6%** |
| **Aerospace & Defense 4.6%** | **Aerospace & Defense 4.6%** | **Aerospace & Defense 4.6%** |
| Boeing Co. (The)<sup>(a)</sup> <br>| &nbsp;&nbsp; 108561 | &nbsp;&nbsp; 23430721 |
| General Electric Co. | &nbsp;&nbsp; 82924 | &nbsp;&nbsp; 24945198 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp; 157938 | &nbsp;&nbsp; 48235844 |
| Total |  | &nbsp;&nbsp; 96611763 |
| **Air Freight & Logistics 0.4%** | **Air Freight & Logistics 0.4%** | **Air Freight & Logistics 0.4%** |
| United Parcel Service, Inc., Class B | &nbsp;&nbsp; 91142 | &nbsp;&nbsp; 7613091 |
| **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** |
| Rockwell Automation, Inc. | &nbsp;&nbsp; 63070 | &nbsp;&nbsp; 22044857 |
| **Ground Transportation 2.6%** | **Ground Transportation 2.6%** | **Ground Transportation 2.6%** |
| CSX Corp. | &nbsp;&nbsp; 798964 | &nbsp;&nbsp; 28371212 |
| Norfolk Southern Corp. | &nbsp;&nbsp; 85290 | &nbsp;&nbsp; 25621969 |
| Total |  | &nbsp;&nbsp; 53993181 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Industrial Conglomerates 1.1%** | **Industrial Conglomerates 1.1%** | **Industrial Conglomerates 1.1%** |
| Siemens AG, ADR | &nbsp;&nbsp; 167628 | &nbsp;&nbsp; 22613855 |
| **Machinery 3.9%** | **Machinery 3.9%** | **Machinery 3.9%** |
| AGCO Corp. | &nbsp;&nbsp; 157782 | &nbsp;&nbsp; 16893719 |
| Cummins, Inc. | &nbsp;&nbsp; 51325 | &nbsp;&nbsp; 21678140 |
| Fortive Corp. | &nbsp;&nbsp; 439739 | &nbsp;&nbsp; 21542813 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp; 300690 | &nbsp;&nbsp; 22350288 |
| Total |  | &nbsp;&nbsp; 82464960 |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **285341707** |
| **Information Technology 9.5%** | **Information Technology 9.5%** | **Information Technology 9.5%** |
| **Electronic Equipment, Instruments & Components 0.6%** | **Electronic Equipment, Instruments & Components 0.6%** | **Electronic Equipment, Instruments & Components 0.6%** |
| Ralliant Corp. | &nbsp;&nbsp; 109716 | &nbsp;&nbsp; 4797881 |
| TE Connectivity PLC | &nbsp;&nbsp; 36012 | &nbsp;&nbsp; 7905714 |
| Total |  | &nbsp;&nbsp; 12703595 |
| **IT Services 0.6%** | **IT Services 0.6%** | **IT Services 0.6%** |
| Accenture PLC, Class A | &nbsp;&nbsp; 48685 | &nbsp;&nbsp; 12005721 |
| **Semiconductors & Semiconductor Equipment 6.1%** | **Semiconductors & Semiconductor Equipment 6.1%** | **Semiconductors & Semiconductor Equipment 6.1%** |
| Advanced Micro Devices, Inc.<sup>(a)</sup> <br>| &nbsp;&nbsp; 131037 | &nbsp;&nbsp; 21200476 |
| Applied Materials, Inc. | &nbsp;&nbsp; 83720 | &nbsp;&nbsp; 17140833 |
| Intel Corp.<sup>(a)</sup> <br>| &nbsp;&nbsp; 331168 | &nbsp;&nbsp; 11110686 |
| Micron Technology, Inc. | &nbsp;&nbsp; 168130 | &nbsp;&nbsp; 28131512 |
| QUALCOMM, Inc. | &nbsp;&nbsp; 175820 | &nbsp;&nbsp; 29249415 |
| Texas Instruments, Inc. | &nbsp;&nbsp; 120479 | &nbsp;&nbsp; 22135607 |
| Total |  | &nbsp;&nbsp; 128968529 |
| **Software 2.2%** | **Software 2.2%** | **Software 2.2%** |
| Microsoft Corp. | &nbsp;&nbsp; 40368 | &nbsp;&nbsp; 20908606 |
| Salesforce, Inc. | &nbsp;&nbsp; 102168 | &nbsp;&nbsp; 24213816 |
| Total |  | &nbsp;&nbsp; 45122422 |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **198800267** |
| **Materials 2.7%** | **Materials 2.7%** | **Materials 2.7%** |
| **Chemicals 1.4%** | **Chemicals 1.4%** | **Chemicals 1.4%** |
| CF Industries Holdings, Inc. | &nbsp;&nbsp; 194963 | &nbsp;&nbsp; 17488181 |
| RPM International, Inc. | &nbsp;&nbsp; 109002 | &nbsp;&nbsp; 12849156 |
| Total |  | &nbsp;&nbsp; 30337337 |
| **Containers & Packaging 1.3%** | **Containers & Packaging 1.3%** | **Containers & Packaging 1.3%** |
| International Paper Co. | &nbsp;&nbsp; 584875 | &nbsp;&nbsp; 27138200 |
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **57475537** |

---

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund \| 2025

------

Portfolio of Investments (continued)

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Real Estate 3.5%** | **Real Estate 3.5%** | **Real Estate 3.5%** |
| **Industrial REITs 1.0%** | **Industrial REITs 1.0%** | **Industrial REITs 1.0%** |
| Rexford Industrial Realty, Inc. | &nbsp;&nbsp; 518776 | &nbsp;&nbsp; 21326881 |
| **Residential REITs 1.6%** | **Residential REITs 1.6%** | **Residential REITs 1.6%** |
| AvalonBay Communities, Inc. | &nbsp;&nbsp; 169314 | &nbsp;&nbsp; 32706385 |
| **Specialized REITs 0.9%** | **Specialized REITs 0.9%** | **Specialized REITs 0.9%** |
| Weyerhaeuser Co. | &nbsp;&nbsp; 789388 | &nbsp;&nbsp; 19568929 |
| **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **73602195** |
| **Utilities 5.8%** | **Utilities 5.8%** | **Utilities 5.8%** |
| **Electric Utilities 1.7%** | **Electric Utilities 1.7%** | **Electric Utilities 1.7%** |
| Southern Co. (The) | &nbsp;&nbsp; 380804 | &nbsp;&nbsp; 36088795 |
| **Multi-Utilities 4.1%** | **Multi-Utilities 4.1%** | **Multi-Utilities 4.1%** |
| Ameren Corp. | &nbsp;&nbsp; 440965 | &nbsp;&nbsp; 46027927 |
| Dominion Energy, Inc. | &nbsp;&nbsp; 186329 | &nbsp;&nbsp; 11397745 |
| Sempra | &nbsp;&nbsp; 309193 | &nbsp;&nbsp; 27821186 |
| Total |  | &nbsp;&nbsp; 85246858 |
| **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **121335653** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,798,594,022) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $1,798,594,022) | &nbsp;&nbsp; **2058631211** |

---

---

| | | |
|:---|:---|:---|
| **Money Market Funds 1.8%** | **Money Market Funds 1.8%** | **Money Market Funds 1.8%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 4.265%<sup>(b),(c)</sup> <br>| &nbsp;&nbsp; 36990911 | &nbsp;&nbsp; 36979814 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $36,979,606) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $36,979,606) | &nbsp;&nbsp; **36979814** |
| **Total Investments in Securities** <br>**(Cost: $1,835,573,628)** | **Total Investments in Securities** <br>**(Cost: $1,835,573,628)** | &nbsp;&nbsp; **2095611025** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **2333075** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **2097944100** |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The rate shown is the seven-day current annualized yield at September 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended September 30, 2025 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% | Columbia Short-Term Cash Fund, 4.265% |
|  | 17852763 | &nbsp;&nbsp; 235901280 | &nbsp;&nbsp; (216774595)<br>| &nbsp;&nbsp; 366 | &nbsp;&nbsp; 36979814 | &nbsp;&nbsp; (1187)<br>| &nbsp;&nbsp; 855135 | &nbsp;&nbsp; 36990911 |

---

**Abbreviation Legend** 

ADR American Depositary Receipt

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund \| 2025

------

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

3QT7036_12_D01_(11/25)

------

## 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:** CTIVP - T. Rowe Price Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000028696

- **c. LEI of Series:** 549300PFXPBE3IIQ8V88

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $2098627548.52

**Total Liabilities:** $270617.10

**Net Assets:** $2098356931.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000087810 | -0.64%               | 3.91%                | 0.67%                |
| Class ID C000087811 | -0.66%               | 3.88%                | 0.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $609670.89               | $-13757190.48                              |
| Month 2  | $382530.94               | $74511012.44                               |
| Month 3  | $-471576.73              | $10612022.37                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WEYERHAEUSER COMPANY            | Weyerhaeuser Co                  | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    789388 | NS      | $19568928.52  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COMPANIES INC          | Williams Cos Inc/The             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    243366 | NS      | $15417236.10  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC      | Zimmer Biomet Holdings Inc       | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |    393857 | NS      | $38794914.50  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                   | Accenture PLC                    | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     48685 | NS      | $12005721.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MAT INC                 | Applied Materials Inc            | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     83720 | NS      | $17140832.80  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                 | AstraZeneca PLC                  | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    184128 | NS      | $14126300.16  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES INC       | AvalonBay Communities Inc        | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |    169314 | NS      | $32706385.38  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP            | Bank of America Corp             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1184519 | NS      | $61109335.21  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTIVE CORP                    | Fortive Corp                     | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    439739 | NS      | $21542813.61  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC CO             | General Electric Co              | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     82924 | NS      | $24945197.68  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC    | Hartford Insurance Group Inc/The | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    306996 | NS      | $40950196.44  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                  | Home Depot Inc/The               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     97556 | NS      | $39528715.64  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC       | Huntington Bancshares Inc/OH     | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |   1155167 | NS      | $19949734.09  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                      | Intel Corp                       | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    331168 | NS      | $11110686.40  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL PAPER CO                   | International Paper Co           | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    584875 | NS      | $27138200.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON               | Johnson & Johnson                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     71304 | NS      | $13221187.68  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                      | Kenvue Inc                       | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   1886871 | NS      | $30623916.33  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORPORATION      | Kimberly-Clark Corp              | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |    248849 | NS      | $30941884.66  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC       | L3Harris Technologies Inc        | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |    157938 | NS      | $48235844.58  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LAS VEGAS SANDS                 | Las Vegas Sands Corp             | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    478518 | NS      | $25739483.22  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO INC                  | Merck & Co Inc                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    240077 | NS      | $20149662.61  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                     | MetLife Inc                      | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    487158 | NS      | $40127204.46  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                  | Microsoft Corp                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     40368 | NS      | $20908605.60  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC           | Micron Technology Inc            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    168130 | NS      | $28131511.60  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWS CORP                       | News Corp                        | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |    531982 | NS      | $16337167.22  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION    | Norfolk Southern Corp            | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     85290 | NS      | $25621968.90  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC | Philip Morris International Inc  | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    162834 | NS      | $26411674.80  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO             | Procter & Gamble Co/The          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    245429 | NS      | $37710165.85  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                    | QUALCOMM Inc                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    175820 | NS      | $29249415.20  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM INTERNATIONAL INC           | RPM International Inc            | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |    109002 | NS      | $12849155.76  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp                   | Ralliant Corp                    | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    109716 | NS      | $4797880.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY INC   | Rexford Industrial Realty Inc    | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    518776 | NS      | $21326881.36  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWELL AUTOMATION INC         | Rockwell Automation Inc          | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     63070 | NS      | $22044857.10  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                  | Salesforce Inc                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    102168 | NS      | $24213816.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                       | Sanofi SA                        | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    302255 | NS      | $14266436.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHLUMBERGER NV                 | Schlumberger NV                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    540539 | NS      | $18578325.43  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES SCHWAB CORP             | Charles Schwab Corp/The          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    605839 | NS      | $57839449.33  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                          | Sempra                           | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    309193 | NS      | $27821186.14  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS AG                      | Siemens AG                       | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |    167628 | NS      | $22613855.34  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY (THE)          | Southern Co/The                  | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    380804 | NS      | $36088795.08  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| STANLEY BLACK & DECKER INC      | Stanley Black & Decker Inc       | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |    300690 | NS      | $22350287.70  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC           | Texas Instruments Inc            | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    120479 | NS      | $22135606.67  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER                   | Thermo Fisher Scientific Inc     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     22066 | NS      | $10702451.32  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTALENERGIES SE                | TotalEnergies SE                 | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    349856 | NS      | $20882904.64  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                      | US Bancorp                       | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    553699 | NS      | $26760272.67  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE INC       | United Parcel Service Inc        | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     91142 | NS      | $7613091.26   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC          | UnitedHealth Group Inc           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     25624 | NS      | $8847967.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                     | Viatris Inc                      | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |   1738476 | NS      | $17210912.40  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                     | Walmart Inc                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    194542 | NS      | $20049498.52  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY           | Wells Fargo & Co                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    591642 | NS      | $49591432.44  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PLC             | TE Connectivity PLC              | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     36012 | NS      | $7905714.36   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                       | Chubb Ltd                        | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    153129 | NS      | $43220660.25  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORPORATION                | AGCO Corp                        | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |    157782 | NS      | $16893718.74  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC      | Advanced Micro Devices Inc       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    131037 | NS      | $21200476.23  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                   | Allstate Corp/The                | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    143312 | NS      | $30761920.80  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                    | Alphabet Inc                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    304286 | NS      | $74108855.30  | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                  | Amazon.com Inc                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    213033 | NS      | $46775655.81  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION              | Ameren Corp                      | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    440965 | NS      | $46027926.70  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC             | Elevance Health Inc              | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    142241 | NS      | $45960911.92  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BAXTER INTERNATIONAL INC.       | Baxter International Inc         | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    522711 | NS      | $11902129.47  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BECTON DICKINSON AND COMPANY    | Becton Dickinson & Co            | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    117127 | NS      | $21922660.59  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                       | Boeing Co/The                    | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    108561 | NS      | $23430720.63  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS INC      | CF Industries Holdings Inc       | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    194963 | NS      | $17488181.10  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP                     | Cigna Group/The                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     58217 | NS      | $16781050.25  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                        | CSX Corp                         | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    798964 | NS      | $28371211.64  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                 | CVS Health Corp                  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    461175 | NS      | $34767983.25  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP              | Expand Energy Corp               | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     87410 | NS      | $9286438.40   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                   | Citigroup Inc                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    409203 | NS      | $41534104.50  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA CO                    | Coca-Cola Co/The                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    234197 | NS      | $15531945.04  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO            | Colgate-Palmolive Co             | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    328482 | NS      | $26258851.08  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND   | COLUMBIA SHORT TERM CASH FUND    | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  36990911 | NS      | $36979813.63  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION             | Comcast Corp                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    363220 | NS      | $11412372.40  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                  | ConocoPhillips                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    548588 | NS      | $51890938.92  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL INC        | Corebridge Financial Inc         | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    385181 | NS      | $12345051.05  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                     | Cummins Inc                      | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     51325 | NS      | $21678140.25  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO                  | Walt Disney Co/The               | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    148916 | NS      | $17050882.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINION ENERGY INC             | Dominion Energy Inc              | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    186329 | NS      | $11397744.93  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES INC               | EOG Resources Inc                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    121903 | NS      | $13667764.36  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                        | EQT Corp                         | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    167590 | NS      | $9121923.70   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE HOLDINGS INC          | Equitable Holdings Inc           | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    477285 | NS      | $24236532.30  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                | Exxon Mobil Corp                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    279040 | NS      | $31461760.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC              | Meta Platforms Inc               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     22069 | NS      | $16207032.22  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-21

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

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer