0001145549-24-019736.txt : 20240328 0001145549-24-019736.hdr.sgml : 20240328 20240328143555 ACCESSION NUMBER: 0001145549-24-019736 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: 24797824 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 S000081455 YieldMax XOM Option Income Strategy ETF C000244357 YieldMax XOM Option Income Strategy ETF XOMO NPORT-P 1 primary_doc.xml NPORT-P false 0001924868 XXXXXXXX S000081455 C000244357 Tidal Trust II 811-23793 0001924868 549300BGXECFCIZF2P89 234 West Florida Street Suite 203 Milwaukee 53204 844-986-7700 YieldMax XOM Option Income Strategy ETF S000081455 529900MPVS5LWHVSGX85 2024-10-31 2024-01-31 N 11060205.010000000000 302438.050000000000 10757766.960000000000 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 41139.680000000000 USD N S&P 500 Total Return Index SPTR First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 952050.720000000000 NS USD 952050.720000000000 8.8498916507 Long STIV RF US N 1 N N N N/A N/A Exxon Mobil Corp N/A -40.000000000000 NC USD -9800.000000000000 -0.0910969724 N/A DE US N 1 NYSEAmerican N/A Call Written Exxon Mobil Corp Exxon Mobil Corp 100.000000000000 101.000000000000 USD 2024-02-02 XXXX -6820.000000000000 N N N N/A N/A Exxon Mobil Corp N/A -15.000000000000 NC USD -1110.000000000000 -0.0103181265 N/A DE US N 1 NYSEAmerican N/A Call Written Exxon Mobil Corp Exxon Mobil Corp 100.000000000000 104.000000000000 USD 2024-02-02 XXXX -97.500000000000 N N N XOM 03/15/2024 100.01 P N/A XOM 03/15/2024 100.01 P N/A -1045.000000000000 NC USD -238029.890000000000 -2.2126328901 N/A DE US N 2 Chicago Board Options Exchange N/A Put Written Exxon Mobil Corp Exxon Mobil Corp 100.000000000000 100.010000000000 USD 2024-03-15 XXXX 103225.110000000000 N N N TREASURY BILL 254900HROIFWPRGM1V77 United States Treasury Bill 912797FS1 4842000.000000000000 PA USD 4751595.990000000000 44.1689804926 Long DBT UST US N 2 2024-06-13 Fixed .000000000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CDH1 4944000.000000000000 PA USD 4787945.360000000000 44.5068700391 Long DBT UST US N 2 2024-11-15 Fixed .750000000000 N N N N N N N/A N/A Exxon Mobil Corp N/A -990.000000000000 NC USD -45540.000000000000 -0.4233220534 N/A DE US N 1 NYSEAmerican N/A Call Written Exxon Mobil Corp Exxon Mobil Corp 100.000000000000 105.000000000000 USD 2024-02-02 XXXX 6435.000000000000 N N N N/A N/A Exxon Mobil Corp N/A 1045.000000000000 NC USD 517275.000000000000 4.8083863679 N/A DE US N 1 NYSEAmerican N/A Call Purchased Exxon Mobil Corp Exxon Mobil Corp 100.000000000000 100.000000000000 USD 2024-03-15 XXXX -102925.000000000000 N N N 2024-03-27 Tidal Trust II /s/ Aaron Perkovich Aaron Perkovich Assistant Treasurer XXXX NPORT-EX 2 xomo.htm XOMO ETF - 1/31/24 PART F

YieldMax XOM Option Income Strategy ETF
  
Schedule of Investments
  
as of January 31, 2024 (Unaudited)
  
   
U.S. TREASURY OBLIGATIONS - 48.4%
    
Par
    
Value
  
United States Treasury Note/Bond, 0.75%, 11/15/2024(a)
    
$
5,384,000
    
$
5,214,057
  
TOTAL U.S. TREASURY OBLIGATIONS (Cost $5,204,464)
      
5,214,057
  
                       
OPTIONS PURCHASED - 4.8%(b)(c)
  
Notional Amount
    
Contracts
          
Call Options - 4.8%
            
$
–
  
Exxon Mobil Corp., Expiration: 03/15/2024; Exercise Price: $100.00(d)(e)
    
10,743,645
      
1,045
      
517,275
  
TOTAL OPTIONS PURCHASED (Cost $620,200)
      
517,275
  
                         
SHORT-TERM INVESTMENTS - 57.0%
    
Shares
          
Money Market Funds - 8.9%
                  
First American Government Obligations Fund - Class X, 5.25%(f)
      
952,051
      
952,051
  
                         
U.S. Treasury Bills - 48.1%
    
Par
          
5.05%, 06/13/2024(g)
      
5,276,000
      
5,177,493
  
TOTAL SHORT-TERM INVESTMENTS (Cost $6,131,666)
      
6,129,544
  
                         
TOTAL INVESTMENTS - 110.2% (Cost $11,956,330)
    
$
11,860,876
  
Liabilities in Excess of Other Assets - (10.2)%
      
(1,103,481
)
TOTAL NET ASSETS - 100.0%
                  
$
10,757,395
  
           
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.
(a)
This security was held in its entirety at the broker in connection with options as of January 31, 2024.
(f)
The rate shown represents the 7-day effective yield as of January 31, 2024.
(g)
The rate shown is the effective yield.
YieldMax XOM Option Income Strategy ETF
  
Schedule of Options Written
  
as of January 31, 2024 (Unaudited)
  
   
OPTIONS WRITTEN - (2.7)% (a)(b)
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.5)%
                  
Exxon Mobil Corp.
    
0
      
0
      
–
  
Expiration: 02/02/2024; Exercise Price: $105.00
  
$
(10,178,190
)
    
(990
)
  
$
(45,540
)
Expiration: 02/02/2024; Exercise Price: $101.00
    
(411,240
)
    
(40
)
    
(9,800
)
Expiration: 02/02/2024; Exercise Price: $104.00
    
(154,215
)
    
(15
)
    
(1,110
)
Total Call Options
                    
(56,450
)
                         
Put Options - (2.2)%
                        
Exxon Mobil Corp., Expiration: 03/15/2024; Exercise Price: $100.01(c)
    
(10,743,645
)
    
(1,045
)
    
(238,030
)
TOTAL OPTIONS WRITTEN (Premiums received $397,223)
                  
$
(294,480
)

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 XOM Option Income Strategy ETF
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
  U.S. Treasury Obligations
  
$
–
    
$
5,214,057
    
$
–
    
$
5,214,057
  
  Options Purchased
    
517,275
      
–
      
–
      
517,275
  
  Money Market Funds
    
952,051
      
–
      
–
      
952,051
  
  U.S. Treasury Bills
    
–
      
5,177,493
      
–
      
5,177,493
  
Total Assets
  
$
1,469,326
    
$
10,391,550
    
$
–
    
$
11,860,876
  
                                 
 
   
Liabilities:
                        
  Options Written
    
(56,450
)
    
(238,030
)
    
–
      
(294,480
)
Total Liabilities
  
$
(56,450
)
  
$
(238,030
)
  
$
–
    
$
(294,480
)