# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0001145549-25-044333
**Filing Date:** 2025-6
**Character Count:** 36378
**Document Hash:** 60bee3834679eecf4577f2c928bcf02c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-044333.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001145549-25-044333

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20250731

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 251085948

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

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

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

## Series and Classes Contracts Data

### YieldMax(TM) AI & Tech Portfolio Option Income ETF (Series ID: S000089000)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000255407 | YieldMax(TM) AI & Tech Portfolio Option Income ETF | GPTY            |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **YieldMax AI & Tech Portfolio Option Income ETF** | **YieldMax AI & Tech Portfolio Option Income ETF** | **YieldMax AI & Tech Portfolio Option Income ETF** | **YieldMax AI & Tech Portfolio Option Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **April 30, 2025 (Unaudited)** | **April 30, 2025 (Unaudited)** | **April 30, 2025 (Unaudited)** | **April 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.9%** | **COMMON STOCKS - 99.9%** | **Shares** | **Value**  |
| **Auto Manufacturers - 4.4%** | **Auto Manufacturers - 4.4%** | **Auto Manufacturers - 4.4%** | |
| Tesla, Inc. <sup>(a)(b)</sup> | Tesla, Inc. <sup>(a)(b)</sup> | 2935 | $828140 |
| **Computers - 8.1%** | **Computers - 8.1%** | **Computers - 8.1%** |  |
| Apple, Inc. <sup>(b)</sup> | Apple, Inc. <sup>(b)</sup> | 4000 | 850000 |
| International Business Machines Corp. <sup>(b)</sup> | International Business Machines Corp. <sup>(b)</sup> | 2759 | 667181 |
|  |  |  | 1517181 |
| **Internet - 11.9%** | **Internet - 11.9%** | **Internet - 11.9%** |  |
| Alphabet, Inc. - Class A <sup>(b)</sup> | Alphabet, Inc. - Class A <sup>(b)</sup> | 5241 | 832271 |
| Amazon.com, Inc. <sup>(a)(b)</sup> | Amazon.com, Inc. <sup>(a)(b)</sup> | 3002 | 553629 |
| Meta Platforms, Inc. - Class A <sup>(b)</sup> | Meta Platforms, Inc. - Class A <sup>(b)</sup> | 1528 | 838872 |
|  |  |  | 2224772 |
| **Semiconductors - 32.1%<sup>(c)</sup>** | **Semiconductors - 32.1%<sup>(c)</sup>** | **Semiconductors - 32.1%<sup>(c)</sup>** |  |
| Advanced Micro Devices, Inc. <sup>(a)(b)</sup> | Advanced Micro Devices, Inc. <sup>(a)(b)</sup> | 8723 | 849184 |
| Broadcom, Inc. <sup>(b)</sup> | Broadcom, Inc. <sup>(b)</sup> | 4371 | 841286 |
| Intel Corp. <sup>(b)</sup> | Intel Corp. <sup>(b)</sup> | 31903 | 641250 |
| Marvell Technology, Inc. <sup>(b)</sup> | Marvell Technology, Inc. <sup>(b)</sup> | 6745 | 393706 |
| NVIDIA Corp. <sup>(b)</sup> | NVIDIA Corp. <sup>(b)</sup> | 19764 | 2152695 |
| QUALCOMM, Inc. <sup>(b)</sup> | QUALCOMM, Inc. <sup>(b)</sup> | 4106 | 609577 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR <sup>(b)</sup> | Taiwan Semiconductor Manufacturing Co. Ltd. - ADR <sup>(b)</sup> | 3136 | 522740 |
|  |  |  | 6010438 |
| **Software - 41.0%<sup>(c)</sup>** | **Software - 41.0%<sup>(c)</sup>** | **Software - 41.0%<sup>(c)</sup>** |  |
| C3.ai, Inc. - Class A <sup>(a)(b)</sup> | C3.ai, Inc. - Class A <sup>(a)(b)</sup> | 82650 | 1819126 |
| Coreweave, Inc. - Class A <sup>(a)(b)</sup> | Coreweave, Inc. - Class A <sup>(a)(b)</sup> | 19000 | 784700 |
| Microsoft Corp. <sup>(b)</sup> | Microsoft Corp. <sup>(b)</sup> | 2154 | 851390 |
| Oracle Corp. <sup>(b)</sup> | Oracle Corp. <sup>(b)</sup> | 3783 | 532344 |
| Palantir Technologies, Inc. - Class A <sup>(a)(b)</sup> | Palantir Technologies, Inc. - Class A <sup>(a)(b)</sup> | 14060 | 1665266 |
| Salesforce, Inc. <sup>(b)</sup> | Salesforce, Inc. <sup>(b)</sup> | 2111 | 567247 |
| ServiceNow, Inc. <sup>(a)(b)</sup> | ServiceNow, Inc. <sup>(a)(b)</sup> | 628 | 599746 |
| Snowflake, Inc. - Class A <sup>(a)(b)</sup> | Snowflake, Inc. - Class A <sup>(a)(b)</sup> | 5291 | 843862 |
|  |  |  | 7663681 |
| **Telecommunications - 2.4%** | **Telecommunications - 2.4%** | **Telecommunications - 2.4%** |  |
| Arista Networks, Inc. <sup>(a)(b)</sup> | Arista Networks, Inc. <sup>(a)(b)</sup> | 5415 | 445492 |
| **TOTAL COMMON STOCKS** (Cost $22,098,701) | **TOTAL COMMON STOCKS** (Cost $22,098,701) | **TOTAL COMMON STOCKS** (Cost $22,098,701) | 18689704 |
| **PURCHASED OPTIONS - 1.0%<sup>(a)(d)(e)</sup>** | **Notional Amount** | **Contracts** |  |
| **Call Options - 1.0%** | **Call Options - 1.0%** |  | $**–** |
|  Advanced Micro Devices, Inc., Expiration: 05/16/2025; Exercise Price: $110.00 | $846945 | 87 | 13180 |
|  Amazon.com, Inc., Expiration: 05/02/2025; Exercise Price: $210.00 | 553260 | 30 | 690 |
|  Arista Networks, Inc., Expiration: 05/09/2025; Exercise Price: $87.00 | 444258 | 54 | 12285 |
|  C3.ai, Inc., Expiration: 05/16/2025; Exercise Price: $25.00 | 1818026 | 826 | 11977 |
|  Coreweave, Inc., Expiration: 05/09/2025; Exercise Price: $50.00 | 784700 | 190 | 9500 |
|  Intel Corp., Expiration: 05/23/2025; Exercise Price: $22.00 | 641190 | 319 | 11006 |
|  Meta Platforms, Inc., Expiration: 05/09/2025; Exercise Price: $605.00 | 823500 | 15 | 7575 |
|  NVIDIA Corp., Expiration: 05/16/2025; Exercise Price: $120.00 | 2145724 | 197 | 15957 |
|  Oracle Corp., Expiration: 05/09/2025; Exercise Price: $150.00 | 520664 | 37 | 2979 |
|  Palantir Technologies, Inc., Expiration: 05/09/2025; Exercise Price: $125.00 | 1658160 | 140 | 88550 |
|  QUALCOMM, Inc., Expiration: 05/02/2025; Exercise Price: $160.00 | 504764 | 34 | 2720 |
|  Salesforce, Inc., Expiration: 05/02/2025; Exercise Price: $280.00 | 161226 | 6 | 267 |
|  Tesla, Inc., Expiration: 05/09/2025; Exercise Price: $332.50 | 818264 | 29 | 2900 |
| **TOTAL PURCHASED OPTIONS** (Cost $189,618) | **TOTAL PURCHASED OPTIONS** (Cost $189,618) | **TOTAL PURCHASED OPTIONS** (Cost $189,618) | 179586 |
| **SHORT-TERM INVESTMENTS - 3.3%** | **SHORT-TERM INVESTMENTS - 3.3%** | **Shares** |  |
| **Money Market Funds - 3.3%** | **Money Market Funds - 3.3%** |  |  |
| First American Government Obligations Fund - Class X, 4.25% <sup>(f)</sup> | First American Government Obligations Fund - Class X, 4.25% <sup>(f)</sup> | 618723 | 618723 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $618,723) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $618,723) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $618,723) | 618723 |
| **TOTAL INVESTMENTS - 104.2% (**Cost $22,907,042**)** | **TOTAL INVESTMENTS - 104.2% (**Cost $22,907,042**)** | **TOTAL INVESTMENTS - 104.2% (**Cost $22,907,042**)** | 19488013 |
| Liabilities in Excess of Other Assets - (4.2)% | Liabilities in Excess of Other Assets - (4.2)% | Liabilities in Excess of Other Assets - (4.2)% | (778515) |
| **TOTAL NET ASSETS - 100.0%** |  |  | $18709498 |
| two | two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

ADR - American Depositary Receipt<br>

(a) Non-income producing security.

(b) Held in connection with written option contracts. See Schedule of Written Options for further information.

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

(d) 100 shares per contract.

(e) Exchange-traded.

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

------

---

| | | | |
|:---|:---|:---|:---|
| **YieldMax AI & Tech Portfolio Option Income ETF** | **YieldMax AI & Tech Portfolio Option Income ETF** | **YieldMax AI & Tech Portfolio Option Income ETF** | **YieldMax AI & Tech Portfolio Option Income ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **April 30, 2025 (Unaudited)** | **April 30, 2025 (Unaudited)** | **April 30, 2025 (Unaudited)** | **April 30, 2025 (Unaudited)** |
| **WRITTEN OPTIONS - (3.0)%<sup>(a)(b)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| **Call Options - (3.0)%** | **Call Options - (3.0)%** | **Call Options - (3.0)%** | **Call Options - (3.0)%** |
| Advanced Micro Devices, Inc., Expiration: 05/16/2025; Exercise Price: $100.00 | $(846945) | (87) | $(38715) |
| Alphabet, Inc., Expiration: 05/02/2025; Exercise Price: $160.00 | (825760) | (52) | (7540) |
| Amazon.com, Inc., Expiration: 05/02/2025; Exercise Price: $200.00 | (553260) | (30) | (3090) |
| Apple, Inc., Expiration: 05/16/2025; Exercise Price: $217.50 | (850000) | (40) | (18500) |
| Arista Networks, Inc., Expiration: 05/09/2025; Exercise Price: $83.00 | (444258) | (54) | (20250) |
| Broadcom, Inc., Expiration: 05/09/2025; Exercise Price: $195.00 | (827621) | (43) | (21178) |
| C3.ai, Inc., Expiration: 05/16/2025; Exercise Price: $23.50 | (1818026) | (826) | (45430) |
| Coreweave, Inc., Expiration: 05/09/2025; Exercise Price: $47.00 | (784700) | (190) | (17575) |
| Intel Corp., Expiration: 05/23/2025; Exercise Price: $20.50 | (641190) | (319) | (27115) |
| International Business Machines Corp., Expiration: 05/02/2025; Exercise Price: $240.00 | (652914) | (27) | (8775) |
| Marvell Technology, Inc., Expiration: 05/09/2025; Exercise Price: $63.00 | (391079) | (67) | (5661) |
| Meta Platforms, Inc., Expiration: 05/09/2025; Exercise Price: $570.00 | (823500) | (15) | (20438) |
| Microsoft Corp., Expiration: 05/16/2025; Exercise Price: $400.00 | (830046) | (21) | (18848) |
| NVIDIA Corp., Expiration: 05/16/2025; Exercise Price: $112.00 | (2145724) | (197) | (59592) |
| Oracle Corp., Expiration: 05/09/2025; Exercise Price: $142.00 | (520664) | (37) | (11840) |
| Palantir Technologies, Inc., Expiration: 05/09/2025; Exercise Price: $120.00 | (1658160) | (140) | (118300) |
| QUALCOMM, Inc. |  | – | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/02/2025; Exercise Price: $150.00 | (103922) | (7) | (2730) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/02/2025; Exercise Price: $155.00 | (504764) | (34) | (6664) |
| Salesforce, Inc.  |  | – | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/02/2025; Exercise Price: $262.50 | (161226) | (6) | (3975) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/02/2025; Exercise Price: $260.00 | (403065) | (15) | (13912) |
| ServiceNow, Inc., Expiration: 05/09/2025; Exercise Price: $870.00 | (573006) | (6) | (54300) |
| Snowflake, Inc., Expiration: 05/16/2025; Exercise Price: $167.50 | (829348) | (52) | (16770) |
| Taiwan Semiconductor Manufacturing Co. Ltd. |  | – | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/02/2025; Exercise Price: $170.00 | (250035) | (15) | (1553) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration: 05/16/2025; Exercise Price: $170.00 | (266704) | (16) | (6240) |
| Tesla, Inc., Expiration: 05/09/2025; Exercise Price: $310.00 | (818264) | (29) | (9425) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $501,573) |  |  | $(558416) |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |

---

(a) Exchange-traded.

(b) 100 shares per contract.

------

#### Summary of Fair Value Disclosure as of April 30, 2025 (Unaudited)
YieldMax AI & Tech Portfolio Option Income ETF has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $18689704 | $– | $– | $18689704 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | – | 179586 | – | 179586 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 618723 | – | – | 618723 |
| Total Investments | $19308427 | $179586 | $– | $19488013 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $– | $(558416) | $– | $(558416) |
| Total Investments | $– | $(558416) | $– | $(558416) |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 844-986-7700

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

- **a. Name of Series:** YieldMax AI and Tech Portfolio Option Income ETF

- **b. EDGAR series identifier (if any):** S000089000

- **c. LEI of Series:** 2549008UDFKVE9XUFD77

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $19479327.56

**Total Liabilities:** $766533.26

**Net Assets:** $18712794.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255407 | -6.60%               | -7.53%               | 2.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-8123.23                | $-2141022.52                               |
| Month 2  | $-65558.12               | $-2175804.68                               |
| Month 3  | $-364795.83              | $1143574.13                                |

**Designated Index Information**

- **Index Name:** NYSE FANG+ Total Return Index

- **Index Identifier:** NYFANGT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                            | Meta Platforms Inc                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-20437.50    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Microsoft Corp                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -21 | NC      | $-18847.50    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -197 | NC      | $-59592.50    | -0.32%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       197 | NC      | $15957.00     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Palantir Technologies Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       140 | NC      | $88550.00     | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Marvell Technology Inc         | Marvell Technology Inc                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6745 | NS      | $393705.65    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | C3.ai Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       826 | NC      | $11977.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Advanced Micro Devices Inc                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -87 | NC      | $-38715.00    | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      4371 | NS      | $841286.37    | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    618723 | NS      | $618723.24    | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                     | Intel Corp                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     31903 | NS      | $641250.30    | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Meta Platforms Inc                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        15 | NC      | $7575.00      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Oracle Corp                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -37 | NC      | $-11840.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -29 | NC      | $-9425.00     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coreweave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -190 | NC      | $-17575.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QUALCOMM Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        34 | NC      | $2720.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Alphabet Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -52 | NC      | $-7540.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     19764 | NS      | $2152694.88   | 11.50%            |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       628 | NS      | $599746.28    | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                  | Snowflake Inc                              | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      5291 | NS      | $843861.59    | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Intel Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -319 | NC      | $-797.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| IBM                            | International Business Machines Corp       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2759 | NS      | $667181.38    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Marvell Technology Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -67 | NC      | $-5661.50     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      2154 | NS      | $851390.04    | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2111 | NS      | $567246.81    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Amazon.com Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -30 | NC      | $-3090.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Broadcom Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -43 | NC      | $-21177.50    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | ServiceNow Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -6 | NC      | $-54300.00    | -0.29%            |  |  |  | No            |                  2 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      3002 | NS      | $553628.84    | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      4106 | NS      | $609576.76    | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Advanced Micro Devices Inc                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        87 | NC      | $13180.50     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Amazon.com Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        30 | NC      | $690.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Salesforce Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -6 | NC      | $-3975.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-1552.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      8723 | NS      | $849184.05    | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4000 | NS      | $850000.00    | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| C3.ai Inc                      | C3.ai Inc                                  | CUSIP: 12468P104<br>LEI: 549300YDLK0YQO5B1V80 | Long             | EC               | CORP              | US        |     82650 | NS      | $1819126.50   | 9.72%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Apple Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-18500.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | C3.ai Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -826 | NC      | $-45430.00    | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      5415 | NS      | $445492.05    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Coreweave Inc                  | Coreweave Inc                              | CUSIP: 21873S108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19000 | NS      | $784700.00    | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | International Business Machines Corp       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -27 | NC      | $-8775.00     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      5241 | NS      | $832270.80    | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1528 | NS      | $838872.00    | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      3783 | NS      | $532343.76    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     14060 | NS      | $1665266.40   | 8.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      3136 | NS      | $522739.84    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      2935 | NS      | $828139.60    | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Arista Networks Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -54 | NC      | $-20250.00    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Arista Networks Inc                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        54 | NC      | $12285.00     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Salesforce Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-13912.50    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Salesforce Inc                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         6 | NC      | $267.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Coreweave Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       190 | NC      | $9500.00      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Intel Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       319 | NC      | $159.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Oracle Corp                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        37 | NC      | $2978.50      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Palantir Technologies Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -140 | NC      | $-118300.00   | -0.63%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QUALCOMM Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -7 | NC      | $-2730.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | QUALCOMM Inc                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -34 | NC      | $-6664.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Snowflake Inc                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -52 | NC      | $-16770.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Tesla Inc                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        29 | NC      | $2900.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -16 | NC      | $-6240.00     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer