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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <name>N/A</name>
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          <ticker value="CDNS 11 C355"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NSDQOMX PHLX</counterpartyName>
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        <securityLending>
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        <name>N/A</name>
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          <ticker value="CDNS 11 C375"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Intel Corp</title>
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          <ticker value="INTC 11 C30"/>
          <other otherDesc="BBGID" value="BBG01XKM6ZS1"/>
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        <balance>189.000000000000</balance>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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                <issuerName>Intel Corp</issuerName>
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                  <ticker value="INTC"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NXP Semiconductors NV</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP Semiconductors NV</title>
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          <isin value="NL0009538784"/>
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        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="TXN 11 C182.5"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>ASE Technology Holding Co Ltd</name>
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        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Analog Devices Inc</name>
        <lei>GYVOE5EZ4GDAVTU4CQ61</lei>
        <title>Analog Devices Inc</title>
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        <balance>1752.000000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Applied Materials Inc</name>
        <lei>41BNNE1AFPNAZELZ6K07</lei>
        <title>Applied Materials Inc</title>
        <cusip>038222105</cusip>
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          <isin value="US0382221051"/>
          <ticker value="AMAT"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARM Holdings PLC</name>
        <lei>2138001E66EELTE7Y904</lei>
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          <isin value="US0420682058"/>
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        <balance>3341.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc</title>
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          <isin value="US11135F1012"/>
          <ticker value="AVGO"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cadence Design Systems Inc</name>
        <lei>GCT7RXJOGLXPV0NXZY22</lei>
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          <isin value="US1273871087"/>
          <ticker value="CDNS"/>
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        <balance>901.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First American Government Obli</name>
        <lei>549300R5MYM6VZF1RM44</lei>
        <title>First American Government Obligations Fund</title>
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          <isin value="US31846V3362"/>
          <ticker value="FGXXX"/>
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        <balance>3745172.670000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp</title>
        <cusip>458140100</cusip>
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          <isin value="US4581401001"/>
          <ticker value="INTC"/>
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        <balance>32.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1279.680000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KLA Corp</name>
        <lei>549300H0BF5JCG96TJ81</lei>
        <title>KLA Corp</title>
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          <isin value="US4824801009"/>
          <ticker value="KLAC"/>
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        <balance>341.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412180.340000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lam Research Corp</name>
        <lei>549300I4GMO6D34U1T02</lei>
        <title>Lam Research Corp</title>
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          <isin value="US5128073062"/>
          <ticker value="LRCX"/>
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        <balance>3603.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Marvell Technology Inc</name>
        <lei>N/A</lei>
        <title>Marvell Technology Inc</title>
        <cusip>573874104</cusip>
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          <isin value="US5738741041"/>
          <ticker value="MRVL"/>
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        <balance>3692.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>346088.080000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Microchip Technology Inc</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>Microchip Technology Inc</title>
        <cusip>595017104</cusip>
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          <isin value="US5950171042"/>
          <ticker value="MCHP"/>
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        <balance>2030.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126712.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Micron Technology Inc</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>Micron Technology Inc</title>
        <cusip>595112103</cusip>
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          <isin value="US5951121038"/>
          <ticker value="MU"/>
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        <balance>4030.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>901793.100000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASML Holding NV</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
        <title>ASML Holding NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USN070592100"/>
          <ticker value="ASML"/>
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        <balance>1331.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1409835.130000000000</valUSD>
        <pctVal>9.1462602621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Intel Corp</title>
        <cusip>N/A</cusip>
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          <ticker value="INTC 11 C42"/>
          <other otherDesc="BBGID" value="BBG01XFTFS17"/>
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        <balance>-189.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-30051.000000000000</valUSD>
        <pctVal>-0.1949549002</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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                <issuerName>Intel Corp</issuerName>
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                  <ticker value="INTC"/>
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            <shareNo>100.000000000000</shareNo>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Advanced Micro Devices Inc</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>Advanced Micro Devices Inc</title>
        <cusip>007903107</cusip>
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          <isin value="US0079031078"/>
          <ticker value="AMD"/>
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        <balance>3184.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>815486.080000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Teradyne Inc</title>
        <cusip>N/A</cusip>
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          <ticker value="TER 11 C180"/>
          <other otherDesc="BBGID" value="BBG01XHWWQJ4"/>
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        <balance>-7.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-6825.000000000000</valUSD>
        <pctVal>-0.0442769690</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <shareNo>100.000000000000</shareNo>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Taiwan Semiconductor Manufacturing Co Ltd</title>
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          <ticker value="TSM 11 C320"/>
          <other otherDesc="BBGID" value="BBG01VPGSDK6"/>
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        <balance>-61.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-27755.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>TSMC</issuerName>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="TSM 11 C330"/>
          <other otherDesc="BBGID" value="BBG01VV8YMX6"/>
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        <balance>61.000000000000</balance>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>TSMC</issuerName>
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            <unrealizedAppr>-15818.390000000000</unrealizedAppr>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Synopsys Inc</title>
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          <ticker value="SNPS 11 C520"/>
          <other otherDesc="BBGID" value="BBG01X6SB8H0"/>
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        <balance>-4.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-930.000000000000</valUSD>
        <pctVal>-0.0060333452</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>1178.920000000000</unrealizedAppr>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>STMicroelectronics NV</title>
        <cusip>N/A</cusip>
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          <ticker value="STM 11 C29"/>
          <other otherDesc="BBGID" value="BBG01XDKHBJ4"/>
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        <balance>-26.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <unrealizedAppr>-304.340000000000</unrealizedAppr>
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      <invstOrSec>
        <name>TSMC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Teradyne Inc</name>
        <lei>C3X4YJ278QNZHRJULN75</lei>
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          <isin value="US8807701029"/>
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        <curCd>USD</curCd>
        <valUSD>127595.520000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Texas Instruments Inc</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
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          <ticker value="TXN"/>
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        <balance>2960.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477921.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Microelectronics Corp</name>
        <lei>391200YJCAGH9LF96P73</lei>
        <title>United Microelectronics Corp</title>
        <cusip>910873405</cusip>
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          <isin value="US9108734057"/>
          <ticker value="UMC"/>
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        <balance>9261.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>71402.310000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monolithic Power Systems Inc</name>
        <lei>529900TB7O85LSZ1XU31</lei>
        <title>Monolithic Power Systems Inc</title>
        <cusip>609839105</cusip>
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          <isin value="US6098391054"/>
          <ticker value="MPWR"/>
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        <balance>182.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>182910.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Analog Devices Inc</title>
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          <ticker value="ADI 11 C260"/>
          <other otherDesc="BBGID" value="BBG01VHQ1TD5"/>
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        <balance>-17.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1572.500000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>Analog Devices Inc</issuerName>
                <issueTitle>Analog Devices Inc</issueTitle>
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                  <cusip value="032654105"/>
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                  <ticker value="ADI"/>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>3732.910000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Advanced Micro Devices Inc</title>
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          <ticker value="AMD 11 C260"/>
          <other otherDesc="BBGID" value="BBG01R3DMSZ3"/>
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        <balance>-31.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-48980.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NSDQOMX PHLX</counterpartyName>
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            <writtenOrPur>Written</writtenOrPur>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-2179.380000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="AMD 11 C270"/>
          <other otherDesc="BBGID" value="BBG01R3DMTR0"/>
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        <balance>31.000000000000</balance>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NSDQOMX PHLX</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>Advanced Micro Devices Inc</issuerName>
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            <delta>XXXX</delta>
            <unrealizedAppr>1128.120000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Teradyne Inc</title>
        <cusip>N/A</cusip>
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          <ticker value="TER 11 C185"/>
          <other otherDesc="BBGID" value="BBG01XHWWSZ2"/>
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        <balance>7.000000000000</balance>
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        <valUSD>5145.000000000000</valUSD>
        <pctVal>0.0333780228</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>Teradyne Inc</issuerName>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>1778.110000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Texas Instruments Inc</title>
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          <ticker value="TXN 11 C175"/>
          <other otherDesc="BBGID" value="BBG01TZ9SXT3"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Lam Research Corp</title>
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          <ticker value="LRCX 11 C150"/>
          <other otherDesc="BBGID" value="BBG01XDG3TB7"/>
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        <balance>-36.000000000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <delta>XXXX</delta>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Lam Research Corp</title>
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          <ticker value="LRCX 11 C155"/>
          <other otherDesc="BBGID" value="BBG01XDFSZV6"/>
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        <balance>36.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <putOrCall>Call</putOrCall>
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            <shareNo>100.000000000000</shareNo>
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            <delta>XXXX</delta>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Microchip Technology Inc</title>
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          <ticker value="MCHP 11 C75"/>
          <other otherDesc="BBGID" value="BBG01V8LKCN1"/>
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        <balance>-20.000000000000</balance>
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        <valUSD>-1100.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>NXP Semiconductors NV</title>
        <cusip>N/A</cusip>
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          <ticker value="NXPI 11 C240"/>
          <other otherDesc="BBGID" value="BBG01XD7MX36"/>
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        <balance>9.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>877.500000000000</valUSD>
        <pctVal>0.0056927532</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>NXP Semiconductors NV</issuerName>
                <issueTitle>NXP Semiconductors NV</issueTitle>
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                  <isin value="NL0009538784"/>
                  <ticker value="NXPI"/>
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            <shareNo>100.000000000000</shareNo>
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            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-3283.930000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ON Semiconductor Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ON 11 C60"/>
          <other otherDesc="BBGID" value="BBG01XDNRGL3"/>
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        <balance>-18.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1746.000000000000</valUSD>
        <pctVal>-0.0113271191</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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              <otherRefInst>
                <issuerName>ON Semiconductor Corp</issuerName>
                <issueTitle>ON Semiconductor Corp</issueTitle>
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                  <cusip value="682189105"/>
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                  <ticker value="ON"/>
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            <shareNo>100.000000000000</shareNo>
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            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>1361.140000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ON 11 C65"/>
          <other otherDesc="BBGID" value="BBG01XDNRHT3"/>
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        <balance>18.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>900.000000000000</valUSD>
        <pctVal>0.0058387212</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ON Semiconductor Corp</issuerName>
                <issueTitle>ON Semiconductor Corp</issueTitle>
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                  <cusip value="682189105"/>
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                  <ticker value="ON"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>65.000000000000</exercisePrice>
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            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-850.860000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>QUALCOMM Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="QCOM 11 C170"/>
          <other otherDesc="BBGID" value="BBG01VCRF3D0"/>
        </identifiers>
        <balance>-34.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-51340.000000000000</valUSD>
        <pctVal>-0.3330666061</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>QUALCOMM Inc</issuerName>
                <issueTitle>QUALCOMM Inc</issueTitle>
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                  <cusip value="747525103"/>
                  <isin value="US7475251036"/>
                  <ticker value="QCOM"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>170.000000000000</exercisePrice>
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            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-27367.190000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>QUALCOMM Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="QCOM 11 C175"/>
          <other otherDesc="BBGID" value="BBG01VCRCX56"/>
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        <balance>34.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>38590.000000000000</valUSD>
        <pctVal>0.2503513893</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>QUALCOMM Inc</issuerName>
                <issueTitle>QUALCOMM Inc</issueTitle>
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                  <cusip value="747525103"/>
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                  <ticker value="QCOM"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>175.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>20964.810000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>STMicroelectronics NV</title>
        <cusip>N/A</cusip>
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          <ticker value="STM 11 C28"/>
          <other otherDesc="BBGID" value="BBG01XDKHNT7"/>
        </identifiers>
        <balance>-7.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-70.000000000000</valUSD>
        <pctVal>-0.0004541228</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CHICAGO</counterpartyName>
              <counterpartyLei>529900RLNSGA90UPEH54</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>STMicroelectronics NV</issuerName>
                <issueTitle>STMicroelectronics NV</issueTitle>
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                  <cusip value="861012102"/>
                  <isin value="US8610121027"/>
                  <ticker value="STM"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>28.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>58.110000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Intel Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="INTC 11 C44"/>
          <other otherDesc="BBGID" value="BBG01XFTLX37"/>
        </identifiers>
        <balance>189.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>20601.000000000000</valUSD>
        <pctVal>0.1336483278</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Intel Corp</issuerName>
                <issueTitle>Intel Corp</issueTitle>
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                  <cusip value="458140100"/>
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                  <ticker value="INTC"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>44.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-7503.110000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KLA Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KLAC 11 C1200"/>
          <other otherDesc="BBGID" value="BBG01WMS12M2"/>
        </identifiers>
        <balance>-3.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-17400.000000000000</valUSD>
        <pctVal>-0.1128819428</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>KLA Corp</issuerName>
                <issueTitle>KLA Corp</issueTitle>
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                  <cusip value="482480100"/>
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                  <ticker value="KLAC"/>
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            <shareNo>100.000000000000</shareNo>
            <exercisePrice>1200.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-6149.810000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KLA Corp</title>
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          <ticker value="KLAC 11 C1250"/>
          <other otherDesc="BBGID" value="BBG01WMRZDG0"/>
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        <balance>3.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>10500.000000000000</valUSD>
        <pctVal>0.0681184138</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSEAmerican</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>KLA Corp</issuerName>
                <issueTitle>KLA Corp</issueTitle>
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                  <cusip value="482480100"/>
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            <shareNo>100.000000000000</shareNo>
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            <expDt>2025-11-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>3075.190000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-12-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Tidal Trust II</ncom:nameOfApplicant>
      <ncom:signature>/s/ Aaron Perkovich</ncom:signature>
      <ncom:signerName>Aaron Perkovich</ncom:signerName>
      <ncom:title>Treasurer/Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
