# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001413032-25-000089
**Filing Date:** 2025-8
**Character Count:** 45296
**Document Hash:** fc6d95eeaf6753e43b3afbf8b88ccf6e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413032-25-000089.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001413032-25-000089

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 251244745

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Overseas Core Fund (Series ID: S000019843)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000055680 | Columbia Variable Portfolio - Overseas Core Fund Class 3 |  |
| C000088763 | Columbia Variable Portfolio - Overseas Core Fund Class 1 |  |
| C000088764 | Columbia Variable Portfolio - Overseas Core Fund Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Overseas Core Fund

- **b. EDGAR series identifier (if any):** S000019843

- **c. LEI of Series:** Q0EBCBICSMH65I7QD232

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3840503690.67

**Total Liabilities:** $9651172.34

**Net Assets:** $3830852518.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055680 | 3.90%                | 4.16%                | 4.78%                |
| Class ID C000088763 | 3.96%                | 4.15%                | 4.77%                |
| Class ID C000088764 | 3.92%                | 4.12%                | 4.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $25750245.68             | $110187309.01                              |
| Month 2  | $11652487.82             | $126806399.17                              |
| Month 3  | $40918506.60             | $115598919.84                              |

**Designated Index Information**

- **Index Name:** MSCI EAFE Index (Net Total Return)

- **Index Identifier:** MSCIEAFEN

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HSBC                                        | US DOLLARS                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | JP        |  -2155439000 | OU      | $-23702.82    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC                                        | US DOLLARS                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | NO        |   -153618000 | OU      | $-27776.14    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC                                        | DANISH KRONA                                | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | DK        |    173272000 | OU      | $792346.14    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                              | US DOLLARS                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | XX        |    -12986000 | OU      | $-361352.75   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                              | US DOLLARS                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | SE        |   -285228000 | OU      | $-306466.35   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                              | SWISS FRANC                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | CH        |     93025000 | OU      | $3423823.19   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street                                | US DOLLARS                                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | JP        | -18443348000 | OU      | $985395.85    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street                                | US DOLLARS                                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | KW        | -41401362000 | OU      | $-84369.14    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street                                | US DOLLARS                                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | TW        |  -3937306000 | OU      | $-3070827.30  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| TOTALENERGIES SE                            | TotalEnergies SE                            | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |       480099 | NS      | $29344928.20  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-KYMMENE OYJ                             | UPM-Kymmene Oyj                             | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |      1712637 | NS      | $46768723.85  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| USS CO LTD                                  | USS Co Ltd                                  | CUSIP: 000000000<br>LEI: 5299000RRQD6UZXG4W72 | Long             | EC               | CORP              | JP        |      3610200 | NS      | $39787766.83  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE CORPORATION LTD                     | Venture Corp Ltd                            | CUSIP: 000000000<br>LEI: 254900B1NLZC3J1MAE72 | Long             | EC               | CORP              | SG        |      3039900 | NS      | $27279950.23  | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| VERMILION ENERGY INC                        | Vermilion Energy Inc                        | CUSIP: 923725105<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | EC               | CORP              | CA        |      1084175 | NS      | $7892794.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| YOUNGONE CORP                               | Youngone Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       596234 | NS      | $27862971.62  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| EMAAR PROPERTIES PJSC                       | Emaar Properties PJSC                       | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |     12390078 | NS      | $45962742.90  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIP HEALTHCARE HOLDINGS INC                | Ship Healthcare Holdings Inc                | CUSIP: 000000000<br>LEI: 353800BIFUE1L527TH13 | Long             | EC               | CORP              | JP        |      1366700 | NS      | $18394834.77  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| SALMAR ASA                                  | Salmar ASA                                  | CUSIP: 000000000<br>LEI: 5967007LIEEXZXGDBK67 | Long             | EC               | CORP              | NO        |       595791 | NS      | $25819146.85  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITECAP RESOURCES INC(PRE-MERGER)          | Whitecap Resources Inc                      | CUSIP: 000000000<br>LEI: 894500O7XZ1G8OL9CB28 | Long             | EC               | CORP              | CA        |      6886617 | NS      | $46273211.35  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NK LUKOIL PAO                               | LUKOIL PJSC                                 | CUSIP: 000000000<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |       133228 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PARADE TECHNOLOGIES LTD                     | Parade Technologies Ltd                     | CUSIP: 000000000<br>LEI: 529900D9FDQHQKAQLY02 | Long             | EC               | CORP              | KY        |      1423000 | NS      | $29098564.58  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| KION GROUP AG                               | KION Group AG                               | CUSIP: 000000000<br>LEI: 5299005KY91C4C6U9H17 | Long             | EC               | CORP              | DE        |       589782 | NS      | $32943903.50  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays                                    | NEW ZEALAND DOLLAR                          | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              | CORP              | NZ        |     37827000 | OU      | $155229.40    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JUST GROUP PLC                              | Just Group PLC                              | CUSIP: 000000000<br>LEI: 5493006456YEZEELRR90 | Long             | EC               | CORP              | GB        |      7445258 | NS      | $13555832.52  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| KONINKLIJKE AHOLD DELHAIZE NV               | Koninklijke Ahold Delhaize NV               | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |       966808 | NS      | $40380138.64  | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR NEDERLAND NV                            | ASR Nederland NV                            | CUSIP: 000000000<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |       985736 | NS      | $65497796.59  | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                               | AIB Group PLC                               | CUSIP: 000000000<br>LEI: 635400AKJBGNS5WNQL34 | Long             | EC               | CORP              | IE        |      5475891 | NS      | $45191717.94  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| LANDIS+GYR GROUP AG                         | Landis+Gyr Group AG                         | CUSIP: 000000000<br>LEI: 529900PZYVAKCYSLFL19 | Long             | EC               | CORP              | CH        |       322280 | NS      | $22714159.54  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF GREECE SA                  | National Bank of Greece SA                  | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |      5758007 | NS      | $73418903.32  | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| PROSUS NV                                   | Prosus NV                                   | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |      1321637 | NS      | $74152433.41  | 1.94%             |  |  |  | No            |                  2 | On Loan: No      |
| WH GROUP LTD                                | WH Group Ltd                                | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |     33280750 | NS      | $32075724.80  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| JD SPORTS FASHION PLC                       | JD Sports Fashion PLC                       | CUSIP: 000000000<br>LEI: 213800HROV6Y9MUU8375 | Long             | EC               | CORP              | GB        |     25977965 | NS      | $31679468.86  | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| SANWA HOLDINGS CORP                         | Sanwa Holdings Corp                         | CUSIP: 000000000<br>LEI: 5299003X6BCA4ROO5A70 | Long             | EC               | CORP              | JP        |      1009900 | NS      | $33493989.85  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                  | Samsung Electronics Co Ltd                  | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |       991942 | NS      | $43865283.63  | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SANKYO CO LTD                               | Sankyo Co Ltd                               | CUSIP: 000000000<br>LEI: 3538009H2R9ZBZAOAK48 | Long             | EC               | CORP              | JP        |      4223400 | NS      | $78170026.88  | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SANOFI SA                                   | Sanofi SA                                   | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |       654045 | NS      | $63320525.52  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTOS LTD                                  | Santos Ltd                                  | CUSIP: 000000000<br>LEI: 5299000RK70B5O2M7077 | Long             | EC               | CORP              | AU        |      9294490 | NS      | $46861585.45  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIMAMURA CO LTD                            | Shimamura Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       761000 | NS      | $53396376.64  | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                         | Societe Generale SA                         | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |      1079042 | NS      | $61725745.01  | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO CORPORATION                        | Sumitomo Corp                               | CUSIP: 000000000<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |       683600 | NS      | $17641475.92  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| IHI CORP                                    | IHI Corp                                    | CUSIP: 000000000<br>LEI: 549300ETQIESIUQ2OE26 | Long             | EC               | CORP              | JP        |       131800 | NS      | $14255984.35  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HOLDING SA                    | Itau Unibanco Holding SA                    | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |      6766019 | NS      | $45941269.01  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU CORPORATION                          | ITOCHU Corp                                 | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |      1244300 | NS      | $65157792.87  | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| KONTRON AG                                  | Kontron AG                                  | CUSIP: 000000000<br>LEI: 5299002PSXXMVHB26433 | Long             | EC               | CORP              | AT        |      1106993 | NS      | $32685744.24  | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| SUZUKEN CO LTD                              | Suzuken Co Ltd/Aichi Japan                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1316700 | NS      | $47608372.76  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD   | Taiwan Semiconductor Manufacturing Co Ltd   | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      1510000 | NS      | $55219724.69  | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| TBS HOLDINGS INC                            | TBS Holdings Inc                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1564100 | NS      | $54838369.06  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| TOPPAN HOLDINGS INC                         | TOPPAN Holdings Inc                         | CUSIP: 000000000<br>LEI: 3538003H9W4KIDODQY20 | Long             | EC               | CORP              | JP        |      1856300 | NS      | $50430150.93  | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TP ICAP GROUP PLC                           | TP ICAP Group PLC                           | CUSIP: 000000000<br>LEI: 2138006YAA7IRVKKGE63 | Long             | EC               | CORP              | JE        |     11994083 | NS      | $44908007.52  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVO NORDISK A/S                            | Novo Nordisk A/S                            | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |       641237 | NS      | $44433908.72  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                   | Shell PLC                                   | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      2081233 | NS      | $73091857.99  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS NV                                      | JBS NV                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |      1851338 | NS      | $26967081.36  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MACNICA HOLDINGS INC                        | Macnica Holdings Inc                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2967200 | NS      | $39808266.54  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ING GROEP NV                                | ING Groep NV                                | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |      2914602 | NS      | $63881340.91  | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                        | AUSTRALIA DOLLAR                            | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              | CORP              | AU        |    122922000 | OU      | $916916.12    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                        | EURO COUNTRIES                              | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              | CORP              | XX        |     96296000 | OU      | $3267259.01   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                        | NEW ZEALAND DOLLAR                          | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              | CORP              | NZ        |     18521000 | OU      | $102303.83    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TEAMVIEWER SE                               | TeamViewer SE                               | CUSIP: 000000000<br>LEI: 3912000FZ0R0KEK9JS42 | Long             | EC               | CORP              | DE        |      1270586 | NS      | $14339069.06  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                              | Cameco Corp                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | CA        |        -1969 | NC      | $-158504.50   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Celestica Inc                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | CA        |         -300 | NC      | $-240000.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Celestica Inc                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | CA        |         -300 | NC      | $-172500.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Cameco Corp                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | CA        |        -1444 | NC      | $-332120.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Cameco Corp                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | CA        |        -1444 | NC      | $-40432.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BURFORD CAPITAL LTD                         | Burford Capital Ltd                         | CUSIP: G17977110<br>LEI: 549300FUKUWFYJMT2277 | Long             | EC               | CORP              | GG        |      2678929 | NS      | $38201527.54  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUTTER ENTERTAINMENT PLC                   | Flutter Entertainment PLC                   | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |       222335 | NS      | $63534449.60  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PLC                    | Jazz Pharmaceuticals PLC                    | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |       245298 | NS      | $26031023.76  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street                                | BRITISH POUND                               | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | GB        |    103405000 | OU      | $1664173.10   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street                                | NORWAY KRONA                                | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | NO        |    301383000 | OU      | $-30995.15    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street                                | SINGAPORE DOLLAR                            | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | SG        |     19151000 | OU      | $143863.01    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS                                         | US DOLLARS                                  | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | CA        |     -5094000 | OU      | $-10849.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS                                         | US DOLLARS                                  | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | SG        |   -102454000 | OU      | $-775446.90   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS                                         | AUSTRALIA DOLLAR                            | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | AU        |     22910000 | OU      | $166471.69    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS                                         | SWEDISH KRONA                               | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | SE        |   1199511000 | OU      | $1289922.08   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo                                 | US DOLLARS                                  | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | CH        |    -21325000 | OU      | $-841595.68   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ACADIA PHARMACEUTICALS INC                  | ACADIA Pharmaceuticals Inc                  | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |       248611 | NS      | $5362539.27   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMANO CORP                                  | Amano Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       791000 | NS      | $24579029.18  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| DCC PLC                                     | DCC PLC                                     | CUSIP: 000000000<br>LEI: 213800UPS1QEE4TD3T45 | Long             | EC               | CORP              | IE        |       531162 | NS      | $34472745.42  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM INTERNATIONAL NV                        | ASM International NV                        | CUSIP: 000000000<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |        87303 | NS      | $56002921.84  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                             | AstraZeneca PLC                             | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      1123427 | NS      | $78505078.76  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                      | AXA SA                                      | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |      1374695 | NS      | $67504454.99  | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan                                    | EURO COUNTRIES                              | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | XX        |      9679000 | OU      | $112403.51    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHECK POINT SOFTWARE TECH LTD.              | Check Point Software Technologies Ltd       | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |       348960 | NS      | $77207400.00  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | US DOLLARS                                  | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | CA        |   -202663000 | OU      | $-238852.26   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BOC HONG KONG HOLDINGS LTD                  | BOC Hong Kong Holdings Ltd                  | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |     11201500 | NS      | $48762850.20  | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO COMERCIAL PORTUGUES SA                | Banco Comercial Portugues SA                | CUSIP: 000000000<br>LEI: JU1U6S0DG9YLT7N8ZV32 | Long             | EC               | CORP              | PT        |     18248091 | NS      | $14215920.82  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPAGNIE DE SAINT GOBAIN SA                | Cie de Saint-Gobain SA                      | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |       446916 | NS      | $52501566.83  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CAMECO CORP                                 | Cameco Corp                                 | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |       669670 | NS      | $49709604.10  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BUZZI SPA                                   | Buzzi SpA                                   | CUSIP: 000000000<br>LEI: 5299003DX5YLKSVJ6K59 | Long             | EC               | CORP              | IT        |      1030624 | NS      | $57158497.34  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| CELESTICA INC.                              | Celestica Inc                               | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |       137773 | NS      | $21507743.03  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND               | COLUMBIA SHORT TERM CASH FUND               | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     48461817 | NS      | $48452124.40  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                      | DBS Group Holdings Ltd                      | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |      1291840 | NS      | $45604641.34  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DUERR AG                                    | Duerr AG                                    | CUSIP: 000000000<br>LEI: 5299003APZ54EDTSRO20 | Long             | EC               | CORP              | DE        |       520665 | NS      | $13889391.10  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| EIFFAGE SA                                  | Eiffage SA                                  | CUSIP: 000000000<br>LEI: 969500OQXKE5WDM9M994 | Long             | EC               | CORP              | FR        |       432543 | NS      | $60778036.98  | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDESA SA                                   | Endesa SA                                   | CUSIP: 000000000<br>LEI: 549300LHK07F2CHV4X31 | Long             | EC               | CORP              | ES        |      1695929 | NS      | $53718679.14  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY FUELS INC                            | Energy Fuels Inc/Canada                     | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |      2515449 | NS      | $14463831.75  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESENIUS MEDICAL CARE AG                   | Fresenius Medical Care AG                   | CUSIP: 000000000<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |       728520 | NS      | $41857241.98  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HITACHI LTD                                 | Hitachi Ltd                                 | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |      1159400 | NS      | $33697211.80  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCHE HOLDING AG                            | Roche Holding AG                            | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |        72565 | NS      | $23686659.16  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPALA PLATINUM HOLDINGS LTD                | Impala Platinum Holdings Ltd                | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |      2480101 | NS      | $22284334.70  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS PLC                         | Imperial Brands PLC                         | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |       946331 | NS      | $37389695.68  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| INSMED                                      | Insmed Inc                                  | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |       114673 | NS      | $11540690.72  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES MSCI EAFE INDEX FUND                | iShares MSCI EAFE ETF                       | CUSIP: 464287465<br>LEI: 549300O0XO3KDQV68404 | Long             | EC               | RF                | US        |       528082 | NS      | $47205249.98  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JUMBO SA                                    | JUMBO SA                                    | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |      1451257 | NS      | $50088589.79  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KAKAKU.COM INC.                             | Kakaku.com Inc                              | CUSIP: 000000000<br>LEI: 353800KA15Y0DCPWYY65 | Long             | EC               | CORP              | JP        |      1464800 | NS      | $27163458.61  | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| KINDEN CORP                                 | Kinden Corp                                 | CUSIP: 000000000<br>LEI: 35380008T6JUN5TU9T34 | Long             | EC               | CORP              | JP        |      1125200 | NS      | $33056670.03  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| KOMATSU LTD                                 | Komatsu Ltd                                 | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |      1367900 | NS      | $45131862.96  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| LANXESS                                     | LANXESS AG                                  | CUSIP: 000000000<br>LEI: 529900PTLRE72EMYIJ77 | Long             | EC               | CORP              | DE        |       440378 | NS      | $13130019.73  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| MARKS AND SPENCER GROUP PLC                 | Marks & Spencer Group PLC                   | CUSIP: 000000000<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | GB        |     14126541 | NS      | $68754218.69  | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| MATSUKIYOCOCOKARA & CO                      | MatsukiyoCocokara & Co                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2785400 | NS      | $57297141.35  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP              | Mitsubishi UFJ Financial Group Inc          | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |      4748300 | NS      | $64736385.65  | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| NITERRA CO LTD                              | Niterra Co Ltd                              | CUSIP: 000000000<br>LEI: 549300RG3XQGTFM4HH31 | Long             | EC               | CORP              | JP        |      1206600 | NS      | $40117433.62  | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NESTLE SA                                   | Nestle SA                                   | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |       232582 | NS      | $23124784.79  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| PAL GROUP HOLDINGS CO LTD                   | PAL GROUP Holdings Co Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       884400 | NS      | $22123544.96  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                         | Nomura Holdings Inc                         | CUSIP: 000000000<br>LEI: 549300B3CEAHYG7K8164 | Long             | EC               | CORP              | JP        |      3559200 | NS      | $23454068.38  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVARTIS AG                                 | Novartis AG                                 | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |       322027 | NS      | $39086706.22  | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN STAR RESOURCES LTD                 | Northern Star Resources Ltd                 | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |      5343986 | NS      | $66009635.69  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| OTSUKA CORP                                 | Otsuka Corp                                 | CUSIP: 000000000<br>LEI: 529900RG9DJ58J3UIE72 | Long             | EC               | CORP              | JP        |      2254600 | NS      | $45929358.61  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| PALADIN ENERGY LTD                          | Paladin Energy Ltd                          | CUSIP: 000000000<br>LEI: 549300M44UTJAP8J6B37 | Long             | EC               | CORP              | AU        |      5958492 | NS      | $31766499.89  | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| PAN AMERICAN SILVER CORP                    | Pan American Silver Corp                    | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      1338928 | NS      | $38025555.20  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA | Powszechna Kasa Oszczednosci Bank Polski SA | CUSIP: 000000000<br>LEI: P4GTT6GF1W40CVIMFR43 | Long             | EC               | CORP              | PL        |      1719643 | NS      | $35931624.05  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORP                           | Primo Brands Corp                           | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |      2041890 | NS      | $60480781.80  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer