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Strategic Advisers International Fund

Filed by Fidelity Rutland Square Trust II. What this fund reported holding in its latest quarterly NPORT-P. Positions are ordered by share of the fund rather than by size, because that is what separates a conviction from a rounding error.

Positions
77
matched to a ticker
Fund size
$29.5B
the filing's own figure
Matched value
$1.7B
of the positions below
As of
2026-08-31
S000029152

What it holds

Largest share of the fund first.

Company% of fundValue
EZUiShares MSCI Eurozone ETF3.36%$979M
TSMTaiwan Semiconductor Manufacturing Co Ltd0.35%$101.6M
FNVFranco-Nevada Corp0.28%$80.5M
SHELShell PLC0.14%$40.9M
BPBP PLC0.12%$35.3M
SESea Ltd0.12%$33.9M
WPMWheaton Precious Metals Corp0.11%$30.8M
CNQCanadian Natural Resources Ltd0.10%$30.5M
RYAAYRyanair Holdings PLC0.10%$30.3M
HEDJWisdomTree Europe Hedged Equity Fund0.08%$24M
VODVodafone Group PLC0.08%$23.8M
ERICTelefonaktiebolaget LM Ericsson0.08%$22.6M
AAgilent Technologies Inc0.07%$21.7M
SAPSAP SE0.06%$18.2M
ARGXargenx SE0.06%$17.3M
GSKGSK plc0.06%$16.8M
WATWaters Corp0.06%$16.2M
RIORio Tinto PLC0.05%$14.6M
WCNWaste Connections, Inc0.05%$13.7M
PMPhilip Morris International Inc0.04%$12.3M
GEVGE Vernova Inc0.03%$10M
AVGOBroadcom Inc0.03%$8.8M
MAMastercard Inc0.03%$8.8M
NOKNokia Oyj0.03%$8.4M
BNBrookfield Corporation Class A Limited Voting Shares0.03%$7.9M
IMOImperial Oil Ltd0.02%$7.2M
EQNREquinor ASA0.02%$6.7M
BBarrick Mining Corporation Common Shares0.02%$6.3M
IHGInterContinental Hotels Group PLC0.02%$6.1M
VTRSViatris Inc0.02%$6.1M
LYGLloyds Banking Group PLC0.02%$5.9M
RHHBYRoche Holding AG0.02%$5.3M
CNSWFConstellation Software Inc0.02%$5.2M
SAFRYSafran SA0.02%$5.2M
SHOPShopify Inc0.02%$4.6M
TTNDYTechtronic Industries Co Ltd0.01%$4.3M
MCKMcKesson Corp0.01%$3.8M
MPMP Materials Corp0.01%$3.8M
NVSNovartis AG0.01%$3.7M
HLHecla Mining Co0.01%$3.5M
CLPBYColoplast A/S0.01%$3.4M
ITUBItau Unibanco Holding SA0.01%$3M
FERGFerguson Enterprises Inc0.01%$2.8M
SHWSherwin-Williams Co0.01%$2.7M
CPCanadian Pacific Kansas City Ltd0.01%$2.7M
CLSCelestica Inc0.01%$2.7M
VVisa Inc0.01%$2.7M
AAGIYAIA Group Ltd0.01%$2.6M
RBARB Global Inc0.01%$2.5M
CDNSCadence Design Systems Inc0.01%$2.5M
DSGXDescartes Systems Group Inc0.01%$2.2M
WDCWestern Digital Corp0.01%$2.1M
CCJCameco Corp0.01%$1.9M
APHAmphenol Corp0.01%$1.9M
HEIHEICO Corp0.01%$1.7M
SKHYSK Hynix Inc0.01%$1.7M
NICENice Ltd0.01%$1.5M
ALVAutoliv Inc0.00%$1.4M
TFIITFI International Inc. Common Shares0.00%$1.4M
BNPQYBNP Paribas SA0.00%$1.4M
GMABGenmab A/S0.00%$1.3M
PUBGYPublicis Groupe SA0.00%$1.3M
TAKTakeda Pharmaceutical Co Ltd0.00%$1.2M
HKXCYHong Kong Exchanges and Clearing Ltd0.00%$1.2M
ANCTFAlimentation Couche-Tard Inc0.00%$1.1M
SONYSony Group Corp0.00%$1.1M
HLTHilton Worldwide Holdings Inc0.00%$880.2K
PUKPrudential PLC0.00%$453.5K
OTSKYOtsuka Holdings Co Ltd0.00%$353.5K
DANOYDanone SA0.00%$344.4K
IMBBYImperial Brands PLC0.00%$311.3K
DASTYDassault Systemes SE0.00%$291.6K
AIQUYL'Air Liquide Societe Anonyme pour l'Etude et l'Exploitation des Procedes Georges Claude SA0.00%$262.7K
CFRUYCompagnie Financiere Richemont SA0.00%$204.3K
JMHLYJardine Matheson Holdings Ltd0.00%$58.5K
RBGLYReckitt Benckiser Group PLC0.00%$56K
SUHJYSun Hung Kai Properties Ltd0.00%$54.8K

Source: NPORT-P filings, via EDGAR. Positions arrive by CUSIP, and only a CUSIP verified against a ticker is kept — so this is what we could match, not everything the fund holds, and the matched value is therefore below the fund's own size. A balance is shares where the filing says `NS` and a principal amount where it says `PA`, which is why it is not labelled shares in both cases.

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