# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0002000324-25-003279
**Filing Date:** 2025-8
**Character Count:** 20676
**Document Hash:** f1af35e748f1012ab8483988719117d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-003279.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0002000324-25-003279

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 251263199

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

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

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

## Series and Classes Contracts Data

### CoreValues Alpha Greater China Growth ETF (Series ID: S000081585)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000244512 | CoreValues Alpha Greater China Growth ETF | CGRO            |

## Nport-Ex

---

| |
|:---|
| **CoreValues Alpha Greater China Growth ETF** |
| **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS - 97.2%** | **Shares** | **Value** |
| **Auto Manufacturers - 10.5%** |  |  |
| BYD Co. Ltd. - Class H | 43464 | $678260 |
| XPeng, Inc. - ADR <sup>(a)</sup> | 8507 | 152105 |
| Yutong Bus Co. Ltd. - Class A | 59554 | 206617 |
|  |  | 1036982 |
| **Beverages - 3.2%** |  |  |
| Eastroc Beverage Group Co. Ltd. | 7100 | 311179 |
| **Computers - 3.8%** |  |  |
| Horizon Robotics <sup>(a)</sup> | 447719 | 370152 |
| **Cosmetics & Personal Care - 0.8%** |  |  |
| Proya Cosmetics Co. Ltd. - Class A | 7155 | 82669 |
| **Distribution & Wholesale - 4.7%** |  |  |
| Pop Mart International Group Ltd. <sup>(b)</sup> | 13518 | 459095 |
| **Diversified Financial Services - 3.3%** |  |  |
| Futu Holdings Ltd. - ADR | 2664 | 329244 |
| **Electronics - 0.9%** |  |  |
| Shenzhen Inovance Technology Co. Ltd. - Class A | 9400 | 84706 |
| **Healthcare - Services - 2.1%** |  |  |
| WuXi AppTec Co. Ltd. - Class A | 21100 | 204801 |
| **Home Furnishings - 4.9%** |  |  |
| Anker Innovations Technology Co. Ltd. - Class A | 19524 | 309529 |
| Midea Group Co. Ltd. - Class A | 16937 | 170658 |
|  |  | 480187 |
| **Internet - 38.2%<sup>(c)</sup>** |  |  |
| Alibaba Group Holding Ltd. - ADR | 6451 | 731608 |
| Bilibili, Inc. - Class Z <sup>(a)</sup> | 4297 | 91797 |
| East Money Information Co. Ltd. - Class A | 44780 | 144548 |
| Full Truck Alliance Co. Ltd. - ADR | 30924 | 365213 |
| JD.com, Inc. - Class A | 27516 | 448318 |
| Kuaishou Technology <sup>(a)(b)</sup> | 19425 | 156637 |
| Meituan - Class B <sup>(a)(b)</sup> | 25830 | 412293 |
| PDD Holdings, Inc. - ADR <sup>(a)</sup> | 3379 | 353646 |
| Tencent Holdings Ltd. | 10118 | 648325 |
| Trip.com Group Ltd. - ADR | 7076 | 414937 |
|  |  | 3767322 |
| **Lodging - 1.7%** |  |  |
| Atour Lifestyle Holdings Ltd. - ADR | 5090 | 165476 |
| **Machinery - Diversified - 1.8%** |  |  |
| UBTech Robotics Corp. Ltd. <sup>(a)</sup> | 17315 | 182855 |
| **Miscellaneous Manufacturing - 0.8%** |  |  |
| SICC Co. Ltd. - Class A <sup>(a)</sup> | 10181 | 83190 |
| **Real Estate - 2.2%** |  |  |
| KE Holdings, Inc. - ADR | 12413 | 220207 |
| **Retail - 5.8%** |  |  |
| Luckin Coffee, Inc. - ADR <sup>(a)</sup> | 15306 | 570455 |
| **Software - 2.6%**  |  |  |
| Kingsoft Corp. Ltd. | 25717 | 133990 |
| NetEase, Inc. - ADR | 929 | 125025 |
|  |  | 259015 |
| **Telecommunications - 9.9%** |  |  |
| Xiaomi Corp. - Class B <sup>(a)(b)</sup> | 127635 | 974741 |
| **TOTAL COMMON STOCKS** (Cost $7,442,502) |  | 9582276 |
| **SHORT-TERM INVESTMENTS - 2.4%** |  |  |
| **Money Market Funds - 2.4%** |  |  |
| First American Government Obligations Fund - Class X, 4.25% <sup>(d)</sup> | 233406 | 233406 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $233,406) |  | 233406 |
| **TOTAL INVESTMENTS - 99.6%** (Cost $7,675,908) |  | 9815682 |
| Other Assets in Excess of Liabilities - 0.4% |  | 38582 |
| **TOTAL NET ASSETS - 100.0%** |  | $9854264 |

---

---

| | |
|:---|:---|
| Percentages are stated as a percent of net assets. | –% |

---

ADR - American Depositary Receipt <br>

(a) Non-income
 producing security.

(b) Security
 is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only
 be resold in transactions exempt from registration to qualified institutional investors. As of June 30, 2025, the value of
 these securities total $2,002,767 or 20.3% of the Fund's net assets.

(c) To
 the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially
 sensitive to developments that significantly affect those industries or sectors.

(d) The
 rate shown represents the 7-day annualized effective yield as of June 30, 2025.

**Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)**

CoreValues Alpha Greater China Growth ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $9582276 | $— | $— | $9582276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 233406 |  |  | 233406 |
| Total Investments | $9815682 | $— | $— | $9815682 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories. <br>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 8449867676

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

- **a. Name of Series:** Corevalues Alpha Greater China Growth ETF

- **b. EDGAR series identifier (if any):** S000081585

- **c. LEI of Series:** 5299000BWAEVC919DZ66

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

- **a. Date of fiscal year-end:** 2025-09-30

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $9860963.06

**Total Liabilities:** $6829.72

**Net Assets:** $9854133.34

**Cash Not Reported:** $0.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244512 | -4.76%               | 1.46%                | 3.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-445.96                 | $-491864.86                                |
| Month 2  | $-67959.50               | $194431.95                                 |
| Month 3  | $17018.69                | $302954.59                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alibaba Group Holding Ltd                       | Alibaba Group Holding Ltd                       | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |      6451 | NS      | $731607.91    | 7.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Anker Innovations Technology C                  | Anker Innovations Technology Co Ltd             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     19524 | NS      | $309528.49    | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd                    | Atour Lifestyle Holdings Ltd                    | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5090 | NS      | $165475.90    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bilibili Inc                                    | Bilibili Inc                                    | CUSIP: N/A<br>LEI: 5493008V60M52L3PIS45       | Long             | EC               | CORP              | CN        |      4297 | NS      | $91797.06     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                      | BYD Co Ltd                                      | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |     43464 | NS      | $678259.87    | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| East Money Information Co Ltd                   | East Money Information Co Ltd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     44780 | NS      | $144548.38    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastroc Beverage Group Co Ltd                   | Eastroc Beverage Group Co Ltd                   | CUSIP: N/A<br>LEI: 836800LQ338417RCIL29       | Long             | EC               | CORP              | CN        |      7100 | NS      | $311179.26    | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli                  | First American Government Obligations Fund      | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    233406 | NS      | $233406.26    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                      | Full Truck Alliance Co Ltd                      | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | CN        |     30924 | NS      | $365212.44    | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                               | Futu Holdings Ltd                               | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |      2664 | NS      | $329243.76    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Robotics                                | Horizon Robotics                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    447719 | NS      | $370152.40    | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| INOVANCE                                        | Shenzhen Inovance Technology Co Ltd             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      9400 | NS      | $84705.60     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                      | JD.com Inc                                      | CUSIP: G8208B101<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |     27516 | NS      | $448318.01    | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc                                 | KE Holdings Inc                                 | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |     12413 | NS      | $220206.62    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsoft Corp Ltd                               | Kingsoft Corp Ltd                               | CUSIP: G5264Y108<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | CN        |     25717 | NS      | $133990.48    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuaishou Technology                             | Kuaishou Technology                             | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | CN        |     19425 | NS      | $156637.26    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Luckin Coffee Inc                               | Luckin Coffee Inc                               | CUSIP: 54951L109<br>LEI: 549300FO16ASCVSMYI15 | Long             | EC               | CORP              | CN        |     15306 | NS      | $570454.62    | 5.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                         | Meituan                                         | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               | CORP              | CN        |     25830 | NS      | $412292.87    | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                              | Midea Group Co Ltd                              | CUSIP: Y6S40V103<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     16937 | NS      | $170658.21    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                                | PDD Holdings Inc                                | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |      3379 | NS      | $353646.14    | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Pop Mart International Group L                  | Pop Mart International Group Ltd                | CUSIP: N/A<br>LEI: 9845000A05E8F937E337       | Long             | EC               | CORP              | CN        |     13518 | NS      | $459095.39    | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Proya Cosmetics Co Ltd                          | Proya Cosmetics Co Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      7155 | NS      | $82668.68     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SICC Co Ltd                                     | SICC Co Ltd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     10181 | NS      | $83189.94     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                            | Tencent Holdings Ltd                            | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |     10118 | NS      | $648325.35    | 6.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                              | Trip.com Group Ltd                              | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |      7076 | NS      | $414936.64    | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| UBTech Robotics Corp Ltd                        | UBTech Robotics Corp Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     17315 | NS      | $182855.22    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Emerging Markets Efficient Core Fund | WisdomTree Emerging Markets Efficient Core Fund | CUSIP: 97717Y642<br>LEI: N/A                  | Long             | EC               | RF                | US        |      4514 | NS      | $149819.66    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| WuXi AppTec Co Ltd                              | WuXi AppTec Co Ltd                              | CUSIP: N/A<br>LEI: 254900OEPQLZSPLN9175       | Long             | EC               | CORP              | CN        |     21100 | NS      | $204801.48    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                     | Xiaomi Corp                                     | CUSIP: N/A<br>LEI: 2549001ACVFAZRNMKL32       | Long             | EC               | CORP              | CN        |    127635 | NS      | $974741.18    | 9.89%             |  |  |  | No            |                  1 | On Loan: No      |
| XPeng Inc                                       | XPeng Inc                                       | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | CN        |      8507 | NS      | $152105.16    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Yutong Bus Co Ltd                               | Yutong Bus Co Ltd                               | CUSIP: N/A<br>LEI: 300300OMPRVW0Q75F037       | Long             | EC               | CORP              | CN        |     59554 | NS      | $206616.77    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial