# EDGAR Filing Document

**Accession Number:** 0001648403
**File Stem:** 0000940400-25-014955
**Filing Date:** 2025-12
**Character Count:** 52978
**Document Hash:** da788152650deb72b35939adc87e51ac
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014955.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000940400-25-014955

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus ETF Trust II
- **CENTRAL INDEX KEY:** 0001648403

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23078
- **FILM NUMBER:** 251606229

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-593-4383

**MAIL ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus EFT Trust II
- **DATE OF NAME CHANGE:** 20150717

## Series and Classes Contracts Data

### Virtus Terranova U.S. Quality Momentum ETF (Series ID: S000070014)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000222917 | Virtus Terranova U.S. Quality Momentum ETF | JOET            |

## Nport-Ex

Schedule of Investments - Virtus Terranova U.S. Quality Momentum ETF

October 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **COMMON STOCKS - 99.2%** |  |  |
| **Communication Services - 6.4%** |  |  |
| Alphabet, Inc. Class A | 7259 | $2041158 |
| Liberty Media Corp-Liberty Formula One Class C\* | 20426 | 2039536 |
| Meta Platforms, Inc. Class A | 2584 | 1675336 |
| Netflix, Inc.\* | 1761 | 1970313 |
| Pinterest, Inc. Class A\* | 58482 | 1935754 |
| Spotify Technology SA\* | 2971 | 1946956 |
| TKO Group Holdings, Inc. | 10358 | 1951447 |
| Walt Disney Co. (The) | 17390 | 1958462 |
| Total Communication Services |  | 15518962 |
| **Consumer Discretionary - 10.8%** |  |  |
| Amazon.com, Inc.\* | 8469 | 2068299 |
| Burlington Stores, Inc.\* | 7075 | 1935649 |
| Carvana Co.\* | 5361 | 1643361 |
| Doordash, Inc. Class A\* | 7427 | 1889206 |
| eBay, Inc. | 19498 | 1585382 |
| Garmin Ltd. | 7826 | 1674295 |
| Las Vegas Sands Corp. | 33361 | 1979975 |
| MercadoLibre, Inc. (Brazil)\* | 848 | 1973517 |
| Ross Stores, Inc. | 12082 | 1920072 |
| Royal Caribbean Cruises Ltd. | 6628 | 1901109 |
| TJX Cos., Inc. (The) | 13481 | 1889227 |
| Ulta Beauty, Inc.\* | 3743 | 1945911 |
| Williams-Sonoma, Inc. | 9726 | 1890151 |
| Yum China Holdings, Inc. (China) | 44512 | 1925589 |
| Total Consumer Discretionary |  | 26221743 |
| **Consumer Staples - 2.3%** |  |  |
| Costco Wholesale Corp. | 2101 | 1914956 |
| Monster Beverage Corp.\* | 28009 | 1871842 |
| Walmart, Inc. | 18820 | 1904208 |
| Total Consumer Staples |  | 5691006 |
| **Energy - 0.8%** |  |  |
| Baker Hughes Co. | 40569 | 1963945 |
| **Financials - 22.3%** |  |  |
| Allstate Corp. (The) | 10174 | 1948524 |
| American Express Co. | 5378 | 1940006 |
| Aon PLC Class A | 5884 | 2004561 |
| Arthur J Gallagher & Co. | 7258 | 1810798 |
| Berkshire Hathaway, Inc. Class B\* | 4033 | 1925919 |
| Block, Inc.\* | 24216 | 1838963 |
| Charles Schwab Corp. (The) | 20688 | 1955430 |
| Cincinnati Financial Corp. | 12795 | 1977979 |
| CME Group, Inc. | 7290 | 1935422 |
| Coinbase Global, Inc. Class A\* | 5466 | 1879101 |
| Hartford Insurance Group, Inc. (The) | 15825 | 1965149 |
| Huntington Bancshares, Inc. | 124943 | 1929120 |
| Interactive Brokers Group, Inc. Class A | 28283 | 1989992 |
| LPL Financial Holdings, Inc. | 5664 | 2137084 |
| Markel Group, Inc.\* | 1056 | 2085104 |
| Mastercard, Inc. Class A | 3431 | 1893878 |
| Moody's Corp. | 3956 | 1900067 |
| Nasdaq, Inc. | 22074 | 1887106 |
| Northern Trust Corp. | 15247 | 1961831 |
| NU Holdings Ltd. Class A (Brazil)\* | 121884 | 1963551 |
| Raymond James Financial, Inc. | 12159 | 1929269 |
| Regions Financial Corp. | 80001 | 1936024 |
| Robinhood Markets, Inc. Class A\* | 13276 | 1948651 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **COMMON STOCKS (continued)** |  |  |
| **Financials (continued)** |  |  |
| State Street Corp. | 16360 | $1892198 |
| Synchrony Financial | 25985 | 1932764 |
| Travelers Cos., Inc. (The) | 7241 | 1945077 |
| Visa, Inc. Class A | 5597 | 1907122 |
| W R Berkley Corp. | 26740 | 1907632 |
| Total Financials |  | 54328322 |
| **Health Care - 9.4%** |  |  |
| Boston Scientific Corp.\* | 19230 | 1936846 |
| Cencora, Inc. | 5785 | 1954231 |
| Dexcom, Inc.\* | 28046 | 1632838 |
| Edwards Lifesciences Corp.\* | 23623 | 1947716 |
| IDEXX Laboratories, Inc.\* | 3061 | 1926930 |
| Incyte Corp.\* | 21185 | 1980374 |
| Insulet Corp.\* | 5986 | 1873678 |
| ResMed, Inc. | 7568 | 1868388 |
| Stryker Corp. | 5165 | 1839980 |
| Veeva Systems, Inc. Class A\* | 6664 | 1940557 |
| Waters Corp.\* | 5612 | 1961955 |
| West Pharmaceutical Services, Inc. | 6849 | 1931897 |
| Total Health Care |  | 22795390 |
| **Industrials - 17.7%** |  |  |
| AMETEK, Inc. | 10490 | 2120134 |
| Automatic Data Processing, Inc. | 6944 | 1807523 |
| Axon Enterprise, Inc.\* | 2572 | 1883295 |
| Broadridge Financial Solutions, Inc. | 8449 | 1862160 |
| Cummins, Inc. | 4686 | 2050968 |
| Delta Air Lines, Inc. | 33557 | 1925501 |
| Eaton Corp. PLC | 5164 | 1970376 |
| Expeditors International of Washington, Inc. | 16261 | 1982216 |
| Fastenal Co. | 46640 | 1919236 |
| General Dynamics Corp. | 5601 | 1931785 |
| HEICO Corp. | 6212 | 1973987 |
| Howmet Aerospace, Inc. | 9658 | 1989065 |
| Leidos Holdings, Inc. | 10338 | 1969079 |
| Parker-Hannifin Corp. | 2531 | 1956033 |
| Quanta Services, Inc. | 4417 | 1983807 |
| Rollins, Inc. | 34641 | 1995668 |
| Trane Technologies PLC | 4554 | 2043152 |
| Uber Technologies, Inc.\* | 20346 | 1963389 |
| United Rentals, Inc. | 2217 | 1931406 |
| Vertiv Holdings Co. Class A | 10188 | 1964858 |
| Westinghouse Air Brake Technologies Corp. | 9807 | 2004943 |
| Xylem, Inc. | 12901 | 1946116 |
| Total Industrials |  | 43174697 |
| **Information Technology - 26.4%** |  |  |
| Advanced Micro Devices, Inc.\* | 7525 | 1927303 |
| Amphenol Corp. Class A | 14142 | 1970546 |
| Apple, Inc. | 7218 | 1951531 |
| Applied Materials, Inc. | 8529 | 1988110 |
| AppLovin Corp. Class A\* | 3098 | 1974448 |
| Arista Networks, Inc.\* | 12385 | 1952991 |
| Autodesk, Inc.\* | 6242 | 1880964 |
| Broadcom, Inc. | 5206 | 1924294 |
| Cadence Design Systems, Inc.\* | 5689 | 1926807 |
| Cisco Systems, Inc. | 26737 | 1954742 |
| Datadog, Inc. Class A\* | 12346 | 2010052 |

---

Schedule of Investments - Virtus Terranova U.S. Quality Momentum ETF (continued)

October 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **COMMON STOCKS (continued)** |  |  |
| **Information Technology (continued)** |  |  |
| Docusign, Inc.\* | 27463 | $2008644 |
| First Solar, Inc.\* | 8104 | 2163282 |
| Fortinet, Inc.\* | 22611 | 1954269 |
| Gen Digital, Inc. | 72692 | 1916161 |
| Intuit, Inc. | 2860 | 1909193 |
| KLA Corp. | 1610 | 1946071 |
| LAM Research Corp. | 12477 | 1964628 |
| Micron Technology, Inc. | 8750 | 1957987 |
| Microsoft Corp. | 3582 | 1854795 |
| Monolithic Power Systems, Inc. | 1787 | 1795935 |
| NVIDIA Corp. | 9658 | 1955648 |
| Okta, Inc.\* | 21740 | 1989862 |
| Oracle Corp. | 6914 | 1815686 |
| Palantir Technologies, Inc. Class A\* | 10241 | 2053013 |
| Palo Alto Networks, Inc.\* | 8771 | 1931725 |
| PTC, Inc.\* | 9590 | 1903999 |
| QUALCOMM, Inc. | 10725 | 1940153 |
| ServiceNow, Inc.\* | 2070 | 1902910 |
| Strategy, Inc.\* | 6821 | 1838328 |
| Super Micro Computer, Inc.\* | 37082 | 1926781 |
| Workday, Inc. Class A\* | 8195 | 1966144 |
| Zoom Communications, Inc.\* | 22872 | 1995125 |
| Total Information Technology |  | 64152127 |
| **Materials - 1.6%** |  |  |
| Corteva, Inc. | 30596 | 1879818 |
| Newmont Corp. | 24472 | 1981498 |
| Total Materials |  | 3861316 |
| **Real Estate - 1.5%** |  |  |
| CoStar Group, Inc.\* | 24819 | 1707796 |
| Welltower, Inc. | 10805 | 1956137 |
| Total Real Estate |  | 3663933 |
| **Total Common Stocks** |  |  |
| (Cost $218,101,685) |  | **241371441** |
| **TOTAL INVESTMENTS - 99.2%** |  |  |
| (Cost $218,101,685) |  | **241371441** |
| Other Assets in Excess of Liabilities - 0.8% |  | 2049114 |
| **Net Assets - 100.0%** |  | $**243420555** |

---

\* Non-income producing security.

Schedule of Investments - Virtus Terranova U.S. Quality Momentum ETF (continued)

October 31, 2025 (unaudited)

**Fair Value Measurements**

The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. Level 2 includes 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 securities, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. Level 3 includes 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 would be based on the best information available. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table summarizes valuation of the Fund's investments under the fair value hierarchy levels as of October 31, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Asset Valuation Inputs** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $241371441 | $— | $— | $241371441 |
| **Total** | $**241371441** | $**—** | $**—** | $**241371441** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus ETF Trust II

- **b. Investment Company Act file number:** 811-23078

- **c. CIK number of Registrant:** 0001648403

- **d. LEI of Registrant:** 549300KNJ4HBWHIYD309

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

  - **Street Address 1:** 1540 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 1-888-383-0553

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

- **a. Name of Series:** Virtus Terranova U.S. Quality Momentum ETF

- **b. EDGAR series identifier (if any):** S000070014

- **c. LEI of Series:** 549300028QBN5715I225

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $309379723.07

**Total Liabilities:** $65959168.35

**Net Assets:** $243420554.72

**Cash Not Reported:** $2053733.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222917 | 1.72%                | 2.87%                | -0.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $3574843.79                                |
| Month 2  | $0.00                    | $6287313.43                                |
| Month 3  | $7182392.58              | $-8617573.46                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     24472 | NS      | $1981497.84   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Insurance Group Inc/The           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     15825 | NS      | $1965148.50   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      8771 | NS      | $1931725.04   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial            | Synchrony Financial                        | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     25985 | NS      | $1932764.30   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                   | Stryker Corp                               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      5165 | NS      | $1839979.60   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                | Ulta Beauty Inc                            | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      3743 | NS      | $1945910.84   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      2101 | NS      | $1914956.45   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                  | Pinterest Inc                              | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58482 | NS      | $1935754.20   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp               | W R Berkley Corp                           | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     26740 | NS      | $1907631.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands             | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |    121884 | NS      | $1963551.24   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc    | Raymond James Financial Inc                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     12159 | NS      | $1929268.53   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      7290 | NS      | $1935422.10   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc         | TKO Group Holdings Inc                     | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10358 | NS      | $1951447.20   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      2860 | NS      | $1909193.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc         | Yum China Holdings Inc                     | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | CN        |     44512 | NS      | $1925589.12   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                    | Corteva Inc                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     30596 | NS      | $1879818.24   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA          | Spotify Technology SA                      | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |      2971 | NS      | $1946955.72   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     10174 | NS      | $1948524.48   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                    | Rollins Inc                                | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     34641 | NS      | $1995668.01   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                   | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     37082 | NS      | $1926780.72   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1610 | NS      | $1946071.40   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa | Expeditors International of Washington Inc | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     16261 | NS      | $1982215.90   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      7525 | NS      | $1927303.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                | Ross Stores Inc                            | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     12082 | NS      | $1920071.44   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     12477 | NS      | $1964628.42   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                        | PTC Inc                                    | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      9590 | NS      | $1903998.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      3431 | NS      | $1893877.69   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp      | Edwards Lifesciences Corp                  | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     23623 | NS      | $1947716.35   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I | West Pharmaceutical Services Inc           | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      6849 | NS      | $1931897.43   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                     | Garmin Ltd                                 | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      7826 | NS      | $1674294.44   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     19230 | NS      | $1936845.60   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1761 | NS      | $1970312.46   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc            | Quanta Services Inc                        | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      4417 | NS      | $1983807.21   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc              | Veeva Systems Inc                          | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      6664 | NS      | $1940556.80   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                     | Dexcom Inc                                 | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     28046 | NS      | $1632838.12   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol | Westinghouse Air Brake Technologies Corp   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      9807 | NS      | $2004943.08   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     22074 | NS      | $1887106.26   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7259 | NS      | $2041158.21   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp          | Monster Beverage Corp                      | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     28009 | NS      | $1871841.47   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                    | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      4686 | NS      | $2050968.48   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc         | IDEXX Laboratories Inc                     | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      3061 | NS      | $1926930.11   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp      | Cincinnati Financial Corp                  | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     12795 | NS      | $1977979.05   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc     | Cadence Design Systems Inc                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      5689 | NS      | $1926807.41   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                    | Waters Corp                                | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      5612 | NS      | $1961955.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      5597 | NS      | $1907121.78   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                     | Carvana Co                                 | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      5361 | NS      | $1643360.94   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc            | Axon Enterprise Inc                        | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      2572 | NS      | $1883295.56   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co        | Arthur J Gallagher & Co                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      7258 | NS      | $1810798.42   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     10725 | NS      | $1940152.50   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      8469 | NS      | $2068299.18   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp              | State Street Corp                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     16360 | NS      | $1892197.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                     | HEICO Corp                                 | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      6212 | NS      | $1973987.24   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      9658 | NS      | $1989065.10   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     26737 | NS      | $1954742.07   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc             | United Rentals Inc                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      2217 | NS      | $1931406.06   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp            | Northern Trust Corp                        | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     15247 | NS      | $1961831.49   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises Ltd                | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |      6628 | NS      | $1901109.24   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                    | Fastenal Co                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     46640 | NS      | $1919236.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      2531 | NS      | $1956032.73   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     13481 | NS      | $1889227.34   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      5378 | NS      | $1940005.94   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      9658 | NS      | $1955648.42   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                   | Fortinet Inc                               | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     22611 | NS      | $1954268.73   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc            | Coinbase Global Inc                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      5466 | NS      | $1879101.48   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                           | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       848 | NS      | $1973516.48   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc  | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      6944 | NS      | $1807523.20   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2584 | NS      | $1675336.40   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                      | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      7241 | NS      | $1945077.42   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      7427 | NS      | $1889205.99   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      7218 | NS      | $1951530.66   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc  | Interactive Brokers Group Inc              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     28283 | NS      | $1989991.88   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                     | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      4554 | NS      | $2043152.10   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                     | AMETEK Inc                                 | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     10490 | NS      | $2120133.90   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Systems Inc               | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1787 | NS      | $1795935.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     20688 | NS      | $1955429.76   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                   | Insulet Corp                               | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      5986 | NS      | $1873677.86   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      6914 | NS      | $1815685.54   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                    | Datadog Inc                                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     12346 | NS      | $2010052.26   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc        | Zoom Communications Inc                    | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     22872 | NS      | $1995124.56   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc               | Markel Group Inc                           | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      1056 | NS      | $2085103.68   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     18820 | NS      | $1904207.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     20346 | NS      | $1963389.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                | First Solar Inc                            | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      8104 | NS      | $2163281.76   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                   | Strategy Inc                               | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      6821 | NS      | $1838327.71   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     10241 | NS      | $2053013.27   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc               | CoStar Group Inc                           | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     24819 | NS      | $1707795.39   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc            | Williams-Sonoma Inc                        | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      9726 | NS      | $1890150.84   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      8449 | NS      | $1862159.60   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc          | Burlington Stores Inc                      | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      7075 | NS      | $1935649.25   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp         | Regions Financial Corp                     | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     80001 | NS      | $1936024.20   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     10805 | NS      | $1956137.20   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      3098 | NS      | $1974448.34   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     12385 | NS      | $1952990.65   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      5785 | NS      | $1954230.85   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     10188 | NS      | $1964857.68   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      8529 | NS      | $1988109.90   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                   | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     21740 | NS      | $1989862.20   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                       | eBay Inc                                   | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     19498 | NS      | $1585382.38   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                   | Docusign Inc                               | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     27463 | NS      | $2008643.82   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     17390 | NS      | $1958461.80   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      4033 | NS      | $1925918.82   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc            | Delta Air Lines Inc                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     33557 | NS      | $1925500.66   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp           | Las Vegas Sands Corp                       | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     33361 | NS      | $1979975.35   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                   | Moody's Corp                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      3956 | NS      | $1900066.80   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      8750 | NS      | $1957987.50   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2070 | NS      | $1902909.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                    | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | GB        |      5884 | NS      | $2004561.12   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                     | ResMed Inc                                 | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      7568 | NS      | $1868387.84   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     14142 | NS      | $1970546.28   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     13276 | NS      | $1948651.28   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                | Baker Hughes Co                            | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40569 | NS      | $1963945.29   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc            | Leidos Holdings Inc                        | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     10338 | NS      | $1969078.86   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                | Gen Digital Inc                            | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     72692 | NS      | $1916161.12   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                   | Xylem Inc/NY                               | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     12901 | NS      | $1946115.85   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                    | Incyte Corp                                | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     21185 | NS      | $1980373.80   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3582 | NS      | $1854795.42   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      5601 | NS      | $1931784.90   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5206 | NS      | $1924293.78   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                    | Workday Inc                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      8195 | NS      | $1966144.40   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH   | Huntington Bancshares Inc/OH               | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    124943 | NS      | $1929119.92   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     24216 | NS      | $1838963.04   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      6242 | NS      | $1880964.28   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc     | LPL Financial Holdings Inc                 | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      5664 | NS      | $2137083.84   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One     | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20426 | NS      | $2039536.10   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                             | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      5164 | NS      | $1970375.84   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** Virtus ETF Trust II

**Signature:** Brinton W. Frith

**Name of Signer:** Brinton W. Frith

**Title:** Treasurer and Principal Financial Officer