0001145549-24-019721.txt : 20240328 0001145549-24-019721.hdr.sgml : 20240328 20240328143546 ACCESSION NUMBER: 0001145549-24-019721 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 PERIOD START: 20241031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tidal Trust II CENTRAL INDEX KEY: 0001924868 ORGANIZATION NAME: IRS NUMBER: 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: 24797808 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 0001924868 S000081456 YieldMax AMD Option Income Strategy ETF C000244358 YieldMax AMD Option Income Strategy ETF AMDY NPORT-P 1 primary_doc.xml NPORT-P false 0001924868 XXXXXXXX S000081456 C000244358 Tidal Trust II 811-23793 0001924868 549300BGXECFCIZF2P89 234 West Florida Street Suite 203 Milwaukee 53204 844-986-7700 YieldMax AMD Option Income Strategy ETF S000081456 529900PQCK1O4D4PW008 2024-10-31 2024-01-31 N 58132836.330000000000 5201554.830000000000 52931281.500000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 3556181.910000000000 USD N NASDAQ-100 Total Return Index XNDX AMD 03/15/2024 180.01 P N/A AMD 03/15/2024 180.01 P N/A -3110.000000000000 NC USD -5163208.010000000000 -9.7545494152 N/A DE US N 2 Chicago Board Options Exchange N/A Put Written Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 180.010000000000 USD 2024-03-15 XXXX -1261268.010000000000 N N N First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 5906057.470000000000 NS USD 5906057.470000000000 11.1579718129 Long STIV RF US N 1 N N N TREASURY BILL 254900HROIFWPRGM1V77 United States Treasury Bill 912797FS1 23304000.000000000000 PA USD 22868895.680000000000 43.2048781589 Long DBT UST US N 2 2024-06-13 Fixed .000000000000 N N N N N N N/A N/A Advanced Micro Devices Inc N/A -135.000000000000 NC USD -135.000000000000 -0.0002550477 N/A DE US N 1 NYSEAmerican N/A Call Written Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 200.000000000000 USD 2024-02-02 XXXX 31758.750000000000 N N N N/A N/A Advanced Micro Devices Inc N/A -2975.000000000000 NC USD -2975.000000000000 -0.0056204949 N/A DE US N 1 NYSEAmerican N/A Call Written Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 202.500000000000 USD 2024-02-02 XXXX 724389.860000000000 N N N N/A N/A Advanced Micro Devices Inc N/A 3110.000000000000 NC USD 1788250.000000000000 3.3784370023 N/A DE US N 1 NYSEAmerican N/A Call Purchased Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 180.000000000000 USD 2024-03-15 XXXX -2695460.000000000000 N N N US TREASURY N/B 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CDH1 24743000.000000000000 PA USD 23962000.810000000000 45.2700182783 Long DBT UST US N 2 2024-11-15 Fixed .750000000000 N N N N N N 2024-03-27 Tidal Trust II /s/ Aaron Perkovich Aaron Perkovich Treasurer/Principal Financial Officer XXXX NPORT-EX 2 amdy.htm AMDY ETF - 1/31/24 PART F

YieldMax AMD Option Income Strategy ETF
  
Schedule of Investments
  
as of January 31, 2024 (Unaudited)
  
   
U.S. TREASURY OBLIGATIONS - 51.8%
    
Par
    
Value
  
United States Treasury Note/Bond, 0.75%, 11/15/2024(a)
    
$
28,927,000
    
$
28,013,935
  
TOTAL U.S. TREASURY OBLIGATIONS (Cost $27,983,089)
      
28,013,935
  
                       
OPTIONS PURCHASED - 3.5%(b)(c)
  
Notional Amount
    
Contracts
          
Call Options - 3.5%
            
$
–
  
Advanced Micro Devices, Inc., Expiration: 03/15/2024; Exercise Price: $180.00(d)(e)
    
53,912,335
      
3,215
      
1,848,625
  
TOTAL OPTIONS PURCHASED (Cost $4,545,240)
      
1,848,625
  
                         
SHORT-TERM INVESTMENTS - 68.3%
    
Shares
          
Money Market Funds - 16.8%
                  
First American Government Obligations Fund - Class X, 5.25%(f)
      
9,106,057
      
9,106,057
  
                         
U.S. Treasury Bills - 51.5%
    
Par
          
5.07%, 06/13/2024(g)
      
28,349,000
      
27,819,702
  
TOTAL SHORT-TERM INVESTMENTS (Cost $36,934,927)
      
36,925,759
  
                         
TOTAL INVESTMENTS - 123.6% (Cost $69,463,256)
    
$
66,788,319
  
Liabilities in Excess of Other Assets - (23.6)%
      
(12,734,735
)
TOTAL NET ASSETS - 100.0%
                  
$
54,053,584
  
           
Percentages are stated as a percent of net assets.
          

(a)
This security was held in its entirety at the broker in connection with options as of January 31, 2024.
(b)
Exchange-traded.
(c)
100 shares per contract.
(d)
Held in connection with written option contracts. See Schedule of Options Written for further information.
(e)
Non-income producing security.
(f)
The rate shown represents the 7-day effective yield as of January 31, 2024.
(g)
The rate shown is the effective yield.
YieldMax AMD Option Income Strategy ETF
  
Schedule of Options Written
  
as of January 31, 2024 (Unaudited)
  
   
OPTIONS WRITTEN - (10.6)% (a)(b)
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.7)%
                  
Advanced Micro Devices, Inc., Expiration: 02/09/2024; Exercise Price: $175.00
  
$
(27,836,540
)
    
(1,660
)
  
$
(352,750
)
                         
Put Options - (9.9)%
                        
Advanced Micro Devices, Inc., Expiration: 03/15/2024; Exercise Price: $180.01(c)
    
(53,912,335
)
    
(3,215
)
    
(5,337,529
)
TOTAL OPTIONS WRITTEN (Premiums received $4,461,355)
                  
$
(5,690,279
)
                         
Percentages are stated as a percent of net assets.
                        

(a)
Exchange-traded.
(b)
100 shares per contract.
(c)
FLexible EXchange® Options

Summary of Fair Value Exposure at January 31, 2024 (Unaudited)

The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:

• 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 spreads, 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 would be based on the best information available.

The following is a summary of the inputs used to value the Fund's investments as of January 31, 2024:

YieldMax AMD Option Income Strategy ETF

  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
  U.S. Treasury Obligations
  
$
–
    
$
28,013,935
    
$
–
    
$
28,013,935
  
  Options Purchased
    
1,848,625
      
–
      
–
      
1,848,625
  
  Money Market Funds
    
9,106,057
      
–
      
–
      
9,106,057
  
  U.S. Treasury Bills
    
–
      
27,819,702
      
–
      
27,819,702
  
Total Assets
  
$
10,954,682
    
$
55,833,637
    
$
–
    
$
66,788,319
  
                                 
 
Liabilities:
                        
  Options Written
    
–
      
(5,690,279
)
    
–
      
(5,690,279
)
Total Liabilities
  
$
–
    
$
(5,690,279
)
  
$
–
    
$
(5,690,279
)