# EDGAR Filing Document

**Accession Number:** 0000831016
**File Stem:** 0001752724-23-034958
**Filing Date:** 2023-2
**Character Count:** 22172
**Document Hash:** cf1e1d90a9e7d48eb8d278ab8e6f0c86
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034958.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034958

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE INSURANCE PRODUCTS FUND II
- **CENTRAL INDEX KEY:** 0000831016
- **IRS NUMBER:** 042708937
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05511
- **FILM NUMBER:** 23657025

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### International Capital Appreciation Portfolio (Series ID: S000039298)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000121082 | Initial Class   |  |
| C000121084 | Investor Class  |  |
| C000121085 | Service Class   |  |
| C000121087 | Service Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Variable Insurance Products Fund II

- **b. Investment Company Act file number:** 811-05511

- **c. CIK number of Registrant:** 0000831016

- **d. LEI of Registrant:** D8TUF5IXYLDDLCD6AV58

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** VIP International Capital Appreciation Portfolio

- **b. EDGAR series identifier (if any):** S000039298

- **c. LEI of Series:** 9X7GSOP6RXNUAHN5WO09

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $493630225.23

**Total Liabilities:** $540315.16

**Net Assets:** $493089910.07

**Cash Not Reported:** $141578.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000121084 | 5.60%                | 13.15%               | -5.38%               |
| Class ID C000121082 | 5.61%                | 13.10%               | -5.33%               |
| Class ID C000121085 | 5.56%                | 13.12%               | -5.41%               |
| Class ID C000121087 | 5.62%                | 13.07%               | -5.34%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5576884.11             | $29670421.59                               |
| Month 2  | $-270090.88              | $61068733.47                               |
| Month 3  | $2480143.68              | $-30573886.01                              |

### Schedule of Portfolio Investments

| Name                                    | Title                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THERMO FISHER SCIENTIFIC INC            | THERMO FISHER SCIENTIFIC INC        | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     14484 | NS      | $7976193.96   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC         | LONDON STOCK EXCHANGE GRP PLC       | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |     94400 | NS      | $8110961.08   | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN NATIONAL RAILWAY CO            | CANADIAN NATL RAILWAY CO            | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     73800 | NS      | $8766611.52   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EUROFINS SCIENTIFIC SE                  | EUROFINS SCIENTIFIC SE              | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | EC               | CORP              | LU        |    114248 | NS      | $8201221.48   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| KINGSPAN GROUP PLC                      | KINGSPAN GROUP PLC                  | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |    139600 | NS      | $7558413.17   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| RECRUIT HOLDINGS CO LTD                 | RECRUIT HOLDINGS CO LTD             | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |    243300 | NS      | $7615771.19   | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| L'OREAL SA                              | L'OREAL SA ORD                      | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |     30950 | NS      | $11083125.53  | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVO-NORDISK AS                         | NOVO-NORDISK AS CL B                | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     99100 | NS      | $13459322.22  | 2.73%             |  |  |  | No            |                  2 | On Loan: No      |
| S and P GLOBAL INC                      | S and P GLOBAL INC                  | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     23163 | NS      | $7758215.22   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                               | LINDE PLC                           | CUSIP: N/A<br>LEI: 8945002PAZHZLBGKGF02       | Long             | EC               | CORP              | IE        |     26170 | NS      | $8536130.60   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SIKA AG                                 | SIKA AG                             | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |     39145 | NS      | $9410583.95   | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                | RELX PLC                            | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |    302300 | NS      | $8358000.26   | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| HOYA CORP                               | HOYA CORP                           | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     84800 | NS      | $8122023.96   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| INFINEON TECHNOLOGIES AG                | INFINEON TECHNOLOGIES AG            | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |    264900 | NS      | $8050821.65   | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| HERMES INTL SCA                         | HERMES INTERNATIONAL SA             | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |      6428 | NS      | $9942831.98   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FERRARI NV                              | FERRARI NV                          | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |     43700 | NS      | $9365088.70   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC              | CONSTELLATION SOFTWARE INC          | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      5790 | NS      | $9039755.10   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPGEMINI SA                            | CAPGEMINI SA (FF40)                 | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |     47100 | NS      | $7873998.92   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| DASSAULT SYSTEMES SA                    | DASSAULT SYSTEMES SA                | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |    230860 | NS      | $8301649.28   | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKYO ELECTRON LTD                      | TOKYO ELECTRON LTD                  | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |     26362 | NS      | $7745912.90   | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| MARSH and MCLENNAN COS INC              | MARSH and MCLENNAN COS INC          | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     50589 | NS      | $8371467.72   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK CENTRAL ASIA TBK PT                | BANK CENTRAL ASIA                   | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |  12733900 | NS      | $6982484.58   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| WASTE CONNECTION INC                    | WASTE CONNECTIONS INC               | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     55310 | NS      | $7331638.70   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HCL TECHNOLOGIES LTD                    | HCL TECHNOLOGIES LTD (DEMAT)        | CUSIP: N/A<br>LEI: 549300C1F8OLYSOQYB65       | Long             | EC               | CORP              | IN        |     88500 | NS      | $1109674.39   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ATLAS COPCO AB                          | ATLAS COPCO AB SER A                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    738400 | NS      | $8748857.41   | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| HEXAGON AB                              | HEXAGON AB SER B                    | CUSIP: N/A<br>LEI: 549300WJFW6ILNI4TA80       | Long             | EC               | CORP              | SE        |    751800 | NS      | $7882692.23   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE     | LVMH MOET HENNESSY LOUIS VUITTON SE | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |     18601 | NS      | $13535822.63  | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| TELEPERFORMANCE                         | TELEPERFORMANCE                     | CUSIP: N/A<br>LEI: 9695004GI61FHFFNRG61       | Long             | EC               | CORP              | FR        |     34976 | NS      | $8337901.16   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYENCE CORP                            | KEYENCE CORP                        | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |     23260 | NS      | $9030573.64   | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| WOLTERS KLUWER NV                       | WOLTERS KLUWER NV                   | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     80252 | NS      | $8398146.43   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                         | ASTRAZENECA PLC                     | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     91040 | NS      | $12319476.52  | 2.50%             |  |  |  | No            |                  2 | On Loan: No      |
| GIVAUDAN SA                             | GIVAUDAN AG                         | CUSIP: N/A<br>LEI: 213800SVRMQA1TD91D41       | Long             | EC               | CORP              | CH        |      2647 | NS      | $8110042.72   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD                                | NICE LTD SPON ADR                   | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |     40260 | NS      | $7741998.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY LTD            | CANADIAN PAC RAILWAY LTD            | CUSIP: 13645T100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    120440 | NS      | $8979629.25   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD         | TAIWAN SEMICONDUCTOR MFG CO LTD     | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   1027800 | NS      | $14929401.38  | 3.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOETIS INC                              | ZOETIS INC CL A                     | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     52900 | NS      | $7752495.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust            | Fidelity Cash Central Fund          | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   8087741 | NS      | $8089358.56   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD CORP                         | BROOKFIELD CORP CL A                | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |    256960 | NS      | $8080765.73   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SARTORIUS STEDIM BIOTECH                | SARTORIUS STEDIM BIOTECH            | CUSIP: N/A<br>LEI: 52990006IVXY7GCSSR39       | Long             | EC               | CORP              | FR        |     23439 | NS      | $7589808.93   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                           | HDFC BANK LTD (DEMAT)               | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |    456550 | NS      | $8953000.40   | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| DANAHER CORP                            | DANAHER CORP                        | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     29410 | NS      | $7806002.20   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HALMA PLC                               | HALMA PLC                           | CUSIP: N/A<br>LEI: 2138007FRGLUR9KGBT40       | Long             | EC               | CORP              | GB        |    315500 | NS      | $7529304.31   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                        | MERCADOLIBRE INC                    | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      9060 | NS      | $7666934.40   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE FINANCIERE RICHEMONT AG SWITZ | CIE FINANCIERE RICHEMONT SA A       | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |     80498 | NS      | $10437367.65  | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| THOMSON REUTERS CORP                    | THOMSON REUTERS CORP                | CUSIP: 884903709<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |     77600 | NS      | $8852360.41   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| PERNOD RICARD SA                        | PERNOD-RICARD                       | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |     41600 | NS      | $8182519.77   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC                              | DIAGEO PLC                          | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |    219200 | NS      | $9594794.86   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM INTL NV                             | ASM INTERNATIONAL NV (NETH)         | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |     30760 | NS      | $7759257.42   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| INFOSYS LTD                             | INFOSYS LTD SPON ADR                | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    432300 | NS      | $7785723.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                         | ASML HOLDING NV                     | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     23078 | NS      | $12583328.16  | 2.55%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPASS GROUP PLC                       | COMPASS GROUP PLC                   | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    377552 | NS      | $8718443.31   | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| NESTLE SA                               | NESTLE SA (REG)                     | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |    127880 | NS      | $14771346.42  | 3.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                                 | DSV A/S                             | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |     58580 | NS      | $9246411.30   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PARTNERS GROUP HOLDING                  | PARTNERS GROUP HOLDING AG           | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |      8879 | NS      | $7843364.73   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODYS CORP                             | MOODYS CORP                         | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     28950 | NS      | $8066049.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| RENTOKIL INITIAL PLC                    | RENTOKIL INITIAL PLC                | CUSIP: N/A<br>LEI: 549300VN4WV7Z6T14K68       | Long             | EC               | CORP              | GB        |   1320800 | NS      | $8114689.33   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer