TIDAL TRUST II

Ticker: IONX CUSIP: 88636R230 Class: DEFIANCE DAILY

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (5)

Value ($000) $2,065 Shares 95,149

CITADEL ADVISORS LLC

Value ($000) $382 Shares 17,581

HOLLENCREST CAPITAL MANAGEMENT

Value ($000) $48 Shares 2,200

Tower Research Capital LLC (TRC)

Value ($000) $21 Shares 973

SIMPLEX TRADING, LLC

Value ($000) $9 Shares 415

Institution	Shares	Value ($000)
UBS Group AG	95,149	$2,065
CITADEL ADVISORS LLC	17,581	$382
HOLLENCREST CAPITAL MANAGEMENT	2,200	$48
Tower Research Capital LLC (TRC)	973	$21
SIMPLEX TRADING, LLC	415	$9

Decreased Positions (1)

Optiver Holding B.V.

Value ($000) $74 (-96.2%) Shares 3,413 (-79.7%)

Institution	Prev Shares	Curr Shares	Change
Optiver Holding B.V.	16,815	3,413	-13,402 (-79.7%)

Exited Positions (3)

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $1,077 Shares 9,200

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $560 Shares 4,783

Value ($000) $1 Shares 5

Institution	Prev Shares	Prev Value ($000)
RENAISSANCE TECHNOLOGIES LLC	9,200	$1,077
SUSQUEHANNA INTERNATIONAL GROUP, LLP	4,783	$560
MORGAN STANLEY	5	$1