2023 ETF SERIES TRUST II

Ticker: GMOV CUSIP: 90139K605 Class: GMO US VALUE

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (5)

RPS ADVISORY SOLUTIONS LLC
Value ($000) $484 Shares 17,600
StoneX Group Inc.
Value ($000) $1,536 Shares 55,889
Aspen Investment Management Inc
Value ($000) $0 Shares 12,100
Grantham, Mayo, Van Otterloo & Co. LLC
Value ($000) $1,874 Shares 68,184
MML INVESTORS SERVICES, LLC
Value ($000) $1,794 Shares 65,244

Increased Positions (5)

Legacy Capital Wealth Partners, LLC
Value ($000) $2,653 (+11.1%) Shares 96,504 (+6.8%)
J.W. COLE ADVISORS, INC.
Value ($000) $784 (+137.9%) Shares 28,510 (+128.7%)
Fund Evaluation Group, LLC
Value ($000) $1,388 (+11.8%) Shares 50,500 (+7.4%)
HighTower Advisors, LLC
Value ($000) $3,384 (+5.9%) Shares 123,110 (+1.8%)
COMERICA BANK
Value ($000) $83 (+5.2%) Shares 3,007 (+1.1%)

Decreased Positions (1)

ENVESTNET ASSET MANAGEMENT INC
Value ($000) $441 (-62.3%) Shares 16,051 (-63.8%)

Exited Positions (3)

CERTIOR FINANCIAL GROUP, LLC
Value ($000) $559 Shares 21,150
CITADEL ADVISORS LLC
Value ($000) $795 Shares 30,075
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $365 Shares 13,824