NPORT-P
false
0001587982
XXXXXXXX
S000047911
C000150491
INVESTMENT MANAGERS SERIES TRUST II
811-22894
0001587982
549300SU7ER9OFETRU41
235 WEST GALENA STREET
MILWAUKEE
532123948
4142992000
ACR Opportunity Fund
S000047911
549300DHQY7HQ5NBGY23
2026-11-30
2026-05-31
N
125822235.890000000000
207195.310000000000
125615040.580000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
209040.990000000000
N
Lennar Corp
529900G61XVRLX5TJX09
Lennar Corp.
526057302
6500
NS
USD
572520
0.4557734467
Long
EC
CORP
US
N
1
N
N
N
Liberty Latin America Ltd
213800YWQHEAX7CAVO83
Liberty Latin America Ltd. - Class C
G9001E128
17839
NS
USD
146279.80
0.1164508639
Long
EC
CORP
US
N
1
N
N
N
Magna International Inc
95RWVLFZX6VGDZNNTN43
Magna International, Inc.
559222401
58500
NS
USD
3788460
3.0159286519
Long
EC
CORP
CA
N
1
N
N
N
Microsoft Corp
INR2EJN1ERAN0W5ZP974
Microsoft Corp.
594918104
3000
NS
USD
1350720
1.0752852475
Long
EC
CORP
US
N
1
N
N
N
Opmobility
9695001VLC2KYXX0DW73
Opmobility
F73325106
184000
NS
3562963.72
2.8364148939
Long
EC
CORP
FR
N
2
N
N
N
Premium Brands Holdings Corp
529900F5EXPGUY8WV366
Premium Brands Holdings Corp.
74061A108
42000
NS
2770958.15
2.2059127133
Long
EC
CORP
CA
N
1
N
N
N
Power Corp of Canada
549300BE2CB8T87IJV50
Power Corp. of Canada
739239101
70000
NS
4230869.66
3.3681234671
Long
EC
CORP
CA
N
1
N
N
N
EchoStar Corp
549300EE20907QZ9GT38
EchoStar Corp. - Class A
278768106
15000
NS
USD
1937850
1.5426894670
Long
EC
CORP
US
N
1
N
N
N
iShares 0-3 Month Treasury Bon
549300L2T50TTT4U6186
iShares 0-3 Month Treasury Bond ETF
46436E718
53500
NS
USD
5385845
4.2875797159
Long
RF
US
N
1
N
N
N
Southern Missouri Bancorp Inc
N/A
Southern Missouri Bancorp, Inc.
843380106
20000
NS
USD
1381200
1.0995498577
Long
EC
CORP
US
N
1
N
N
N
Sunbelt Rentals Holdings Inc
529900W4BQDNMAOSRA49
Sunbelt Rentals Holdings, Inc.
866966104
29400
NS
2304099.30
1.8342543133
Long
EC
CORP
US
N
2
N
N
N
Sodexo SA
969500LCBOG12HXPYM84
Sodexo S.A.
F84941123
38000
NS
2085093.20
1.6599072773
Long
EC
CORP
FR
N
2
N
N
N
Thor Industries Inc
254900XZO1228PDSG060
Thor Industries, Inc.
885160101
10000
NS
USD
790800
0.6295424468
Long
EC
CORP
US
N
1
N
N
N
Vodafone Group PLC
213800TB53ELEUKM7Q61
Vodafone Group PLC - ADR ADR
92857W308
430000
NS
USD
6432800
5.1210428069
Long
CORP
GB
N
1
N
N
N
Vistry Group PLC
2138001KOWN7CG9SLK53
Vistry Group PLC
G9424B107
310000
NS
1161644.22
0.9247652308
Long
EC
CORP
GB
N
2
N
N
N
Naked Wines PLC
213800IYPFIRRQQE9R62
Naked Wines PLC
G6361W102
152136
NS
153652.03
0.1223197710
Long
EC
CORP
GB
N
1
N
N
N
Winpak Ltd
549300FWDGJBHZHH8U59
Winpak Ltd.
97535P104
55000
NS
1638391.24
1.3042954350
Long
EC
CORP
CA
N
1
N
N
N
Ziff Davis Inc
5493008OJYGLHD7MXA18
Ziff Davis, Inc.
48123V102
20000
NS
USD
901400
0.7175892280
Long
EC
CORP
US
N
1
N
N
N
Budweiser Brewing Co APAC Ltd
549300YF1MR4GTF18132
Budweiser Brewing Co. APAC Ltd.
G1674K101
2200000
NS
1960515
1.5607326885
Long
EC
CORP
HK
Y
2
N
N
N
TREASURY BILL
254900HROIFWPRGM1V77
United States Treasury Bill
912797QX8
1000000
PA
USD
998993
0.7952813575
Long
DBT
UST
US
N
2
2026-06-11
Fixed
0
N
N
N
N
N
N
Arrow Electronics Inc
549300YNNLBXT8N8R512
Arrow Electronics, Inc.
042735100
13000
NS
USD
2790190
2.2212228624
Long
EC
CORP
US
N
1
N
N
N
Azelis Group NV
699400M9RRMTV264FM70
Azelis Group N.V.
B0R5SJ106
200000
NS
2293712.82
1.8259858130
Long
EC
CORP
BE
N
2
N
N
N
Barclays PLC
213800LBQA1Y9L22JB70
Barclays PLC - ADR ADR
06738E204
250000
NS
USD
6132500
4.8819790781
Long
CORP
GB
N
1
N
N
N
Citigroup Inc
6SHGI4ZSSLCXXQSBB395
Citigroup, Inc.
172967424
36000
NS
USD
4532400
3.6081666487
Long
EC
CORP
US
N
1
N
N
N
Chevron Corp
N/A
Chevron Corp.
166764100
8000
NS
USD
1459680
1.1620264526
Long
EC
CORP
US
N
1
N
N
N
DCC PLC
213800UPS1QEE4TD3T45
DCC PLC
G2689P101
36000
NS
2904151.90
2.3119459952
Long
EC
CORP
IE
N
2
N
N
N
Dell Technologies Inc
549300TJB5YBRUPOG437
Dell Technologies, Inc. - Class C
24703L202
20000
NS
USD
8418200
6.7015860212
Long
EC
CORP
US
N
1
N
N
N
Dollar General Corp
OPX52SQVOZI8IVSWYU66
Dollar General Corp.
256677105
20000
NS
USD
2212200
1.7610948417
Long
EC
CORP
US
N
1
N
N
N
Eurocell PLC
213800RH62IQ7S9OFQ55
Eurocell PLC
G3143F101
1300000
NS
1820630.22
1.4493727913
Long
EC
CORP
GB
N
1
N
N
N
EPI PREF HOLDINGS SERIES B /
N/A
EPI PREF HOLDINGS SERIES B /
999999999
3201.34
NS
USD
288120.60
0.2293679154
Long
EC
CORP
US
N
3
N
N
N
Eurofins Scientific SE
529900JEHFM47DYY3S57
Eurofins Scientific S.E.
L31839134
20000
NS
1454986.59
1.1582901086
Long
EC
CORP
LU
N
2
N
N
N
FedEx Corp
549300E707U7WNPZN687
FedEx Corp.
31428X106
9500
NS
USD
3911625
3.1139782163
Long
EC
CORP
US
N
1
N
N
N
Five Point Holdings LLC
N/A
Five Point Holdings LLC - Class A
33833Q106
133898
NS
USD
673506.94
0.5361674342
Long
EC
CORP
US
N
1
N
N
N
Fairfax Financial Holdings Ltd
GLS7OQD0WOEDI8YAP031
Fairfax Financial Holdings Ltd.
303901102
1800
NS
USD
2806173
2.2339466572
Long
EC
CORP
CA
N
1
N
N
N
General Motors Co
54930070NSV60J38I987
General Motors Co.
37045V100
70800
NS
USD
5893392
4.6916292609
Long
EC
CORP
US
N
1
N
N
N
IAC Inc
549300TO56L57RP6P031
IAC, Inc.
44891N208
115000
NS
USD
5162350
4.1096591429
Long
EC
CORP
US
N
1
N
N
N
UMB IB MONEY MARKET II /
N/A
UMB IB MONEY MARKET II /
SF8888627
17097423.43
PA
USD
17097423.43
13.6109683610
Long
STIV
CORP
US
N
1
N
N
N
ISS A/S
213800LEZA58SZNCBN19
ISS A/S
K5591Y107
153000
NS
6298792.10
5.0143613941
Long
EC
CORP
DK
N
2
N
N
N
JD Sports Fashion PLC
213800HROV6Y9MUU8375
JD Sports Fashion PLC
G5144Y120
1100000
NS
1245313.76
0.9913731304
Long
EC
CORP
GB
N
2
N
N
N
Jefferies Financial Group Inc
549300HOF34RGOJ5YL07
Jefferies Financial Group, Inc.
47233W109
10000
NS
USD
527200
0.4196949645
Long
EC
CORP
US
N
1
N
N
N
Liberty Global Ltd
213800HRMKKTYH7SKA24
Liberty Global Ltd. - Class A
G61188101
284500
NS
USD
3559095
2.8333350716
Long
EC
CORP
GB
N
1
N
N
N
2026-06-04
INVESTMENT MANAGERS SERIES TRUST II
/s/ Terrance P. Gallagher
Terrance P. Gallagher
President