First American Government Obligations Fund

NPORT-P false 0001924868 XXXXXXXX S000078265 C000239025 Tidal Trust II 811-23793 0001924868 549300BGXECFCIZF2P89 234 West Florida Street Suite 203 Milwaukee 53204 844-986-7700 Nicholas Fixed Income Alternative ETF S000078265 549300VYZDTOVYWG3H64 2025-10-31 2025-07-31 N 158656157.100000000000 389780.230000000000 158266376.870000000000 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 51407.100000000000 USD N ICE US Treasury 20+ Year Bond Index TRexTC IDCOT20 First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 2106587.930000000000 NS USD 2106587.930000000000 1.3310394612 Long STIV RF US N 1 N N N TREASURY BILL 254900HROIFWPRGM1V77 United States Treasury Bill 912797PM3 31102000.000000000000 PA USD 30391716.780000000000 19.2028890666 Long DBT UST US N 2 2026-02-19 Fixed .000000000000 N N N N N N TREASURY BILL 254900HROIFWPRGM1V77 United States Treasury Bill 912797QP5 31102000.000000000000 PA USD 30749819.610000000000 19.4291549590 Long DBT UST US N 2 2025-11-06 Fixed .000000000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CGE5 31102000.000000000000 PA USD 31047874.120000000000 19.6174795519 Long DBT UST US N 2 2026-01-15 Fixed 3.875000000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CJC6 31102000.000000000000 PA USD 31284238.440000000000 19.7668254361 Long DBT UST US N 2 2026-10-15 Fixed 4.625000000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CNH0 31102000.000000000000 PA USD 31093495.470000000000 19.6463052260 Long DBT UST US N 2 2028-06-15 Fixed 3.875000000000 N N N N N N N/A N/A ProShares Short VIX Short-Term Futures ETF N/A -2400.000000000000 NC USD -55200.000000000000 -0.0348779072 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written ProShares Short VIX Short-Term ProShares Short VIX Short-Term Futures ETF 100.000000000000 40.000000000000 USD 2025-08-15 XXXX 75055.680000000000 N N N N/A N/A ProShares Short VIX Short-Term Futures ETF N/A 2400.000000000000 NC USD 576000.010000000000 0.3639433854 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Purchased ProShares Short VIX Short-Term ProShares Short VIX Short-Term Futures ETF 100.000000000000 45.000000000000 USD 2025-08-15 XXXX 108655.690000000000 N N N N/A N/A ProShares Short VIX Short-Term Futures ETF N/A -2500.000000000000 NC USD -297500.000000000000 -0.1879742279 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written ProShares Short VIX Short-Term ProShares Short VIX Short-Term Futures ETF 100.000000000000 42.000000000000 USD 2025-09-19 XXXX -11817.000000000000 N N N N/A N/A ProShares Short VIX Short-Term Futures ETF N/A 2500.000000000000 NC USD 718750.000000000000 0.4541394162 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Purchased ProShares Short VIX Short-Term ProShares Short VIX Short-Term Futures ETF 100.000000000000 47.000000000000 USD 2025-09-19 XXXX 34433.000000000000 N N N 2025-09-29 Tidal Trust II /s/ Aaron Perkovich Aaron Perkovich Treasurer/Principal Financial Officer XXXX