TIDAL TRUST II

Ticker: RIOX CUSIP: 88636J287 Class: DEFIANCE DAILY T

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

SIH Partners, LLLP

Value ($000) $1,388 Shares 196,833

HUB Investment Partners, LLC

Value ($000) $404 Shares 57,300

Value ($000) $180 Shares 25,562

Tower Research Capital LLC (TRC)

Value ($000) $1 Shares 86

Institution	Shares	Value ($000)
SIH Partners, LLLP	196,833	$1,388
HUB Investment Partners, LLC	57,300	$404
UBS Group AG	25,562	$180
Tower Research Capital LLC (TRC)	86	$1

Increased Positions (2)

Optiver Holding B.V.

Value ($000) $125 (+2.8%) Shares 17,677 (+387.9%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $392 (-77.3%) Shares 55,625 (+7.9%)

Institution	Prev Shares	Curr Shares	Change
Optiver Holding B.V.	3,623	17,677	+14,054 (+387.9%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	51,540	55,625	+4,085 (+7.9%)

Decreased Positions (3)

Bison Wealth, LLC

Value ($000) $985 (-72.6%) Shares 53,995 (-47.0%)

GROUP ONE TRADING, L.P.

Value ($000) $41 (-93.3%) Shares 5,787 (-68.2%)

SIMPLEX TRADING, LLC

Value ($000) $0 (-29.2%) Shares 31 (-99.7%)

Institution	Prev Shares	Curr Shares	Change
Bison Wealth, LLC	101,835	53,995	-47,840 (-47.0%)
GROUP ONE TRADING, L.P.	18,191	5,787	-12,404 (-68.2%)
SIMPLEX TRADING, LLC	9,209	31	-9,178 (-99.7%)

Exited Positions (1)

JANE STREET GROUP, LLC

Value ($000) $621 Shares 18,561

Institution	Prev Shares	Prev Value ($000)
JANE STREET GROUP, LLC	18,561	$621