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        <lei>N/A</lei>
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        <cusip>19766J623</cusip>
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          <isin value="US19766J6230"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBIA TRUST CONTRARIAN CORE FD</name>
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          <isin value="US19766M7092"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA EMERGING MARKETS FUND</name>
        <lei>E8K1I56V7B5RA80S0N70</lei>
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        <cusip>19766M824</cusip>
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          <isin value="US19766M8249"/>
          <ticker value="CEKYX"/>
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        <balance>1466745.740300000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBIA SELECT CORPORATE INCOME FUND</name>
        <lei>DERHCGZF5QUGBK32WQ53</lei>
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        <cusip>19766M873</cusip>
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          <isin value="US19766M8736"/>
          <ticker value="CRIYX"/>
          <other otherDesc="Internal Id" value="19766M873"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBIA SELECT LARGE CAP EQUITY FUND</name>
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        <cusip>19766P694</cusip>
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          <isin value="US19766P6943"/>
          <ticker value="CLEYX"/>
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        <balance>4492190.770000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBIA US TREASURY INDEX FUND</name>
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        <cusip>19767A381</cusip>
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          <isin value="US19767A3813"/>
          <ticker value="CUTYX"/>
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        <balance>2602403.843000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-6757000.000000000000</balance>
        <units>OU</units>
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        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <amtCurSold>6757000.00</amtCurSold>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-1140099000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>58682.670000000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>1140099000.00</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>NORWAY KRONA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTNOK"/>
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        <balance>77240000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>39624.110000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>7585767.37</amtCurSold>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CAC40 10 EURO NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FREX01594974"/>
          <ticker value="CFX5"/>
          <other otherDesc="Internal Id" value="CFX5I25"/>
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        <balance>87.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867566043"/>
        <valUSD>-118470.470000000000</valUSD>
        <pctVal>-0.0111414764</pctVal>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CAC40 10 EURO NOV 25</issuerName>
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            <expDate>2025-11-21</expDate>
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            <unrealizedAppr>-118470.470000000000</unrealizedAppr>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>S&amp;P500 EMINI DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="ESZ5"/>
          <other otherDesc="Internal Id" value="ESZ5I25"/>
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        <balance>14.000000000000</balance>
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        <valUSD>159753.340000000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>S&amp;P500 EMINI DEC 25</issuerName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>JAPANESE YEN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTJPY"/>
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        <balance>2364679000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-244829.010000000000</valUSD>
        <pctVal>-0.0230247810</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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            <amtCurSold>15623261.14</amtCurSold>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>IBEX 35 INDEX NOV 25</title>
        <cusip>000000000</cusip>
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          <isin value="ES0B00166776"/>
          <ticker value="IBX5"/>
          <other otherDesc="Internal Id" value="IBX5I25"/>
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        <assetCat>DE</assetCat>
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        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>MSCI EMER MKT INDEX (ICE) DEC 25</title>
        <cusip>000000000</cusip>
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          <ticker value="MESZ5"/>
          <other otherDesc="Internal Id" value="MESZ5I25"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>MSCI EAFE INDEX DEC 25</title>
        <cusip>000000000</cusip>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>-6273000.000000000000</balance>
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        <curCd>N/A</curCd>
        <valUSD>38223.170000000000</valUSD>
        <pctVal>0.0035946725</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <amtCurSold>6273000.00</amtCurSold>
            <curSold>CHF</curSold>
            <amtCurPur>7853292.04</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-11-26</settlementDt>
            <unrealizedAppr>38223.170000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>S&amp;P/TSE 60 INDEX DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="PTZ5"/>
          <other otherDesc="Internal Id" value="PTZ5I25"/>
        </identifiers>
        <balance>64.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.402550000"/>
        <valUSD>463404.600000000000</valUSD>
        <pctVal>0.0435805767</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P/TSE 60 INDEX DEC 25</issuerName>
                <issueTitle>S&amp;P/TSE 60 INDEX DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="PTZ5I25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-18</expDate>
            <notionalAmt>22162456.22</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>463404.600000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>RUSSELL 2000 EMINI CME DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="RTYZ5"/>
          <other otherDesc="Internal Id" value="RTYZ5I25"/>
        </identifiers>
        <balance>46.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>146280.920000000000</valUSD>
        <pctVal>0.0137568916</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>RUSSELL 2000 EMINI CME DEC 25</issuerName>
                <issueTitle>RUSSELL 2000 EMINI CME DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="RTYZ5I25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>5580489.08</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>146280.920000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street</name>
        <lei>571474TGEMMWANRLN572</lei>
        <title>CANADIAN DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTCAD"/>
        </identifiers>
        <balance>10463000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>945.100000000000</valUSD>
        <pctVal>0.0000888813</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>State Street</counterpartyName>
              <counterpartyLei>571474TGEMMWANRLN572</counterpartyLei>
            </counterparties>
            <amtCurSold>7467437.46</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>10463000.00</amtCurPur>
            <curPur>CAD</curPur>
            <settlementDt>2025-11-26</settlementDt>
            <unrealizedAppr>945.100000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FTSE/MIB INDEX DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0023059923"/>
          <ticker value="STZ5"/>
          <other otherDesc="Internal Id" value="STZ5I25"/>
        </identifiers>
        <balance>-66.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867566043"/>
        <valUSD>-38159.380000000000</valUSD>
        <pctVal>-0.0035886735</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>FTSE/MIB INDEX DEC 25</issuerName>
                <issueTitle>FTSE/MIB INDEX DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="STZ5I25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>-14110681.86</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-38159.380000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US 10YR NOTE DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TYZ5"/>
          <other otherDesc="Internal Id" value="TYZ5C25"/>
        </identifiers>
        <balance>145.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>85466.920000000000</valUSD>
        <pctVal>0.0080376795</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10YR NOTE DEC 25</issuerName>
                <issueTitle>US 10YR NOTE DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="TYZ5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>16251954.96</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>85466.920000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US 10YR NOTE DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TYZ5"/>
          <other otherDesc="Internal Id" value="TYZ5C25"/>
        </identifiers>
        <balance>179.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-109373.480000000000</valUSD>
        <pctVal>-0.0102859560</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10YR NOTE DEC 25</issuerName>
                <issueTitle>US 10YR NOTE DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="TYZ5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>20277639.10</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-109373.480000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO STOXX 50 DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000C7GEHQ1"/>
          <ticker value="VGZ5"/>
          <other otherDesc="Internal Id" value="VGZ5I25"/>
        </identifiers>
        <balance>-213.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867566043"/>
        <valUSD>-551315.120000000000</valUSD>
        <pctVal>-0.0518480629</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EURO STOXX 50 DEC 25</issuerName>
                <issueTitle>EURO STOXX 50 DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="VGZ5I25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>-11605762.95</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-551315.120000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo</name>
        <lei>VYVVCKR63DVZZN70PB21</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-73101000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-38543.870000000000</valUSD>
        <pctVal>-0.0036248326</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Wells Fargo</counterpartyName>
              <counterpartyLei>VYVVCKR63DVZZN70PB21</counterpartyLei>
            </counterparties>
            <amtCurSold>73101000.00</amtCurSold>
            <curSold>SEK</curSold>
            <amtCurPur>7666234.94</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-11-26</settlementDt>
            <unrealizedAppr>-38543.870000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo</name>
        <lei>VYVVCKR63DVZZN70PB21</lei>
        <title>AUSTRALIA DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTAUD"/>
        </identifiers>
        <balance>12183000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-67449.150000000000</valUSD>
        <pctVal>-0.0063432103</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Wells Fargo</counterpartyName>
              <counterpartyLei>VYVVCKR63DVZZN70PB21</counterpartyLei>
            </counterparties>
            <amtCurSold>8040840.92</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>12183000.00</amtCurPur>
            <curPur>AUD</curPur>
            <settlementDt>2025-11-26</settlementDt>
            <unrealizedAppr>-67449.150000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FTSE 100 INDEX DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00MP62WC98"/>
          <ticker value="Z Z5"/>
          <other otherDesc="Internal Id" value="Z Z5I25"/>
        </identifiers>
        <balance>-109.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.761208800"/>
        <valUSD>-604388.330000000000</valUSD>
        <pctVal>-0.0568392976</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>FTSE 100 INDEX DEC 25</issuerName>
                <issueTitle>FTSE 100 INDEX DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="Z Z5I25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>-10171216.19</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-604388.330000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Securities with ISO Country Code/ISO Country Code Other = XX have designations currently not accepted by the SEC schema (i.e. European Union and Supranational)." noteItem="C.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-11-20</ncom:dateSigned>
      <ncom:nameOfApplicant>Columbia Funds Series Trust II</ncom:nameOfApplicant>
      <ncom:signature>Martha Skinner</ncom:signature>
      <ncom:signerName>Martha Skinner</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
