2023 ETF SERIES TRUST II

Ticker: QLTI CUSIP: 90139K308 Class: GMO INTL QUALITY

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (7)

RPS ADVISORY SOLUTIONS LLC
Value ($000) $425 Shares 15,989
MONETA GROUP INVESTMENT ADVISORS LLC
Value ($000) $1,221 Shares 45,891
Dynamic Advisor Solutions LLC
Value ($000) $314 Shares 11,797
Turim 21 Investimentos Ltda.
Value ($000) $39 Shares 1,450
Grantham, Mayo, Van Otterloo & Co. LLC
Value ($000) $959 Shares 36,055
RAYMOND JAMES FINANCIAL INC
Value ($000) $1,361 Shares 51,154
CITADEL ADVISORS LLC
Value ($000) $723 Shares 27,172

Increased Positions (3)

LAZARD ASSET MANAGEMENT LLC
Value ($000) $40,531 (+153.2%) Shares 1,523,733 (+143.2%)
Perigon Wealth Management, LLC
Value ($000) $4,747 (+29.5%) Shares 178,446 (+24.4%)
Parallel Advisors, LLC
Value ($000) $126 (+80.6%) Shares 4,749 (+73.4%)

Decreased Positions (4)

Beta Wealth Group, Inc.
Value ($000) $17,850 (+0.1%) Shares 671,062 (-3.9%)
JANE STREET GROUP, LLC
Value ($000) $563 (-70.9%) Shares 21,170 (-72.1%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $554 (-12.7%) Shares 20,839 (-16.2%)
JPMORGAN CHASE & CO
Value ($000) $358 (+0.5%) Shares 13,468 (-3.5%)

Exited Positions (1)

UBS Group AG
Value ($000) $41 Shares 1,587