# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001145549-25-052544
**Filing Date:** 2025-8
**Character Count:** 20952
**Document Hash:** 47ed2ae8282327f008b0caebacbe6e7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-052544.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001145549-25-052544

**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:** 251244749

**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 - Select Large Cap Equity Fund (Series ID: S000060079)

| Class ID   | Class Name                                                         | Ticker Symbol   |
|:---|:---|:---|
| C000196698 | Columbia Variable Portfolio - Select Large Cap Equity Fund Class 1 |  |
| C000196699 | Columbia Variable Portfolio - Select Large Cap Equity 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 - Select Large Cap Equity Fund

- **b. EDGAR series identifier (if any):** S000060079

- **c. LEI of Series:** 5493009NIHICHA98JS47

**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:** $3295597315.99

**Total Liabilities:** $321957.33

**Net Assets:** $3295275358.66

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196698 | -0.69%               | 6.19%                | 5.44%                |
| Class ID C000196699 | -0.70%               | 6.17%                | 5.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-20663542.94            | $-1411028.62                               |
| Month 2  | $24340154.98             | $161572840.21                              |
| Month 3  | $37212525.72             | $132717443.47                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                          | Title                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ON SEMICONDUCTOR CORP         | ON Semiconductor Corp            | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    768119 | NS      | $40257116.79  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC        | Palo Alto Networks Inc           | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    186628 | NS      | $38191553.92  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER HANNIFIN CORPORATION   | Parker-Hannifin Corp             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     74538 | NS      | $52062556.86  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO           | Procter & Gamble Co/The          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    377466 | NS      | $60137883.12  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP            | Realty Income Corp               | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    480837 | NS      | $27701019.57  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC SERVICES INC         | Republic Services Inc            | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    181113 | NS      | $44664276.93  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                | ServiceNow Inc                   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     40604 | NS      | $41744160.32  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| STANLEY BLACK & DECKER INC    | Stanley Black & Decker Inc       | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |    638068 | NS      | $43229107.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                  | Synopsys Inc                     | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     78572 | NS      | $40282292.96  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC             | TJX Cos Inc/The                  | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    377078 | NS      | $46565362.22  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC               | Xcel Energy Inc                  | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    517657 | NS      | $35252441.70  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORPORATION PLC         | Eaton Corp PLC                   | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |    147967 | NS      | $52822739.33  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PLC           | TE Connectivity PLC              | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |    293887 | NS      | $49569920.29  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                      | AT&T Inc                         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   2001544 | NS      | $57924683.36  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                  | Alphabet Inc                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    778899 | NS      | $138168893.61 | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                | Amazon.com Inc                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    790846 | NS      | $173503703.94 | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION            | Ameren Corp                      | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    322906 | NS      | $31011892.24  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                   | Cencora Inc                      | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    111290 | NS      | $33370306.50  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                     | Apple Inc                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    771969 | NS      | $158384879.73 | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP          | Bank of America Corp             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1507819 | NS      | $71349995.08  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                 | Blackrock Inc                    | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     66208 | NS      | $69468744.00  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP        | Boston Scientific Corp           | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    403785 | NS      | $43370546.85  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO       | Bristol-Myers Squibb Co          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    793953 | NS      | $36752084.37  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                  | Broadcom Inc                     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    302642 | NS      | $83423267.30  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORP                   | Cintas Corp                      | CUSIP: 172908105<br>LEI: 549300E27V6N4OJCJ944 | Long             | EC               | CORP              | US        |    204160 | NS      | $45501139.20  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                 | Citigroup Inc                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    706631 | NS      | $60148430.72  | 1.83%             |  |  |  | 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        |   2939553 | NS      | $2938965.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC      | Constellation Brands Inc         | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    187966 | NS      | $30578308.88  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY COMPANY            | DTE Energy Co                    | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    264593 | NS      | $35047988.78  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC                   | Datadog Inc                      | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |    131380 | NS      | $17648275.40  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                      | EQT Corp                         | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    340827 | NS      | $19877030.64  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORP                  | Entergy Corp                     | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    451448 | NS      | $37524357.76  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                   | Equinix Inc                      | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     41335 | NS      | $32880752.45  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP              | Exxon Mobil Corp                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    467592 | NS      | $50406417.60  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC            | Meta Platforms Inc               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    185417 | NS      | $136854433.53 | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP         | General Dynamics Corp            | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |    178478 | NS      | $52054893.48  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS CO             | General Motors Co                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    719661 | NS      | $35414517.81  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GITLAB INC                    | Gitlab Inc                       | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |    339306 | NS      | $15306093.66  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC/THE   | Goldman Sachs Group Inc/The      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    101371 | NS      | $71745325.25  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC  | Hartford Insurance Group Inc/The | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    492055 | NS      | $62427017.85  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC     | Healthpeak Properties Inc        | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |   1456257 | NS      | $25499060.07  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC | Hilton Worldwide Holdings Inc    | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    153143 | NS      | $40788106.62  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| INSMED                        | Insmed Inc                       | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    157820 | NS      | $15883004.80  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SRGCAL              | Intuitive Surgical Inc           | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     79569 | NS      | $43238590.29  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO           | JPMorgan Chase & Co              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    362658 | NS      | $105138180.78 | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY         | Eli Lilly & Co                   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     87091 | NS      | $67890047.23  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                | Mastercard Inc                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    122717 | NS      | $68959590.98  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                | Microsoft Corp                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    579817 | NS      | $288406773.97 | 8.75%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC                      | NIKE Inc                         | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    582087 | NS      | $41351460.48  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                   | NVIDIA Corp                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1659753 | NS      | $262224376.47 | 7.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                     | Tesla Inc                        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     77166 | NS      | $24512551.56  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER                 | Thermo Fisher Scientific Inc     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     85294 | NS      | $34583305.24  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARM INC              | Vertex Pharmaceuticals Inc       | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     78918 | NS      | $35134293.60  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                   | Walmart Inc                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    667390 | NS      | $65257394.20  | 1.98%             |  |  |  | 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