# EDGAR Filing Document

**Accession Number:** 0001364924
**File Stem:** 0000035402-26-000535
**Filing Date:** 2026-1
**Character Count:** 161889
**Document Hash:** 37581013edd53c2ea8aa0b2881b6ab86
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-000535.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000035402-26-000535

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fidelity Rutland Square Trust II
- **CENTRAL INDEX KEY:** 0001364924

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21991
- **FILM NUMBER:** 26555498

**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

### Strategic Advisers Fidelity International Fund (Series ID: S000029153)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000089635 | Strategic Advisers Fidelity International Fund | FUSIX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Strategic Advisers® Fidelity® International Fund**

*Offered exclusively to certain managed account clients of Strategic Advisers LLC or its affiliates - not available for sale to the general public*

**November 30, 2025**

SIL-NPRT3-0126

1.912843.115 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 45.3%** | &nbsp;&nbsp;**Common Stocks - 45.3%** | &nbsp;&nbsp;**Common Stocks - 45.3%** |
|  | Shares | Value ($)<br>|
| AUSTRALIA - 1.5%  |  |  |
| Communication Services - 0.0% |  |  |
| Interactive Media & Services - 0.0% |  |  |
| REA Group Ltd  | 141410 | 18150035 |
| Consumer Discretionary - 0.1% |  |  |
| Hotels, Restaurants & Leisure - 0.1% |  |  |
| Aristocrat Leisure Ltd  | 1129700 | 43178773 |
| Consumer Staples - 0.1% |  |  |
| Beverages - 0.1% |  |  |
| Treasury Wine Estates Ltd  | 9931354 | 37867985 |
| Consumer Staples Distribution & Retail - 0.0% |  |  |
| Coles Group Ltd  | 2055190 | 30052936 |
| TOTAL CONSUMER STAPLES |  | 67920921 |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Whitehaven Coal Ltd  | 7596020 | 34487370 |
| Financials - 0.3% |  |  |
| Banks - 0.2% |  |  |
| Westpac Banking Corp  | 3153270 | 77655859 |
| Capital Markets - 0.1% |  |  |
| Macquarie Group Ltd  | 570823 | 73687972 |
| Insurance - 0.0% |  |  |
| Steadfast Group Ltd  | 7605280 | 25859690 |
| TOTAL FINANCIALS |  | 177203521 |
| Health Care - 0.0% |  |  |
| Health Care Providers & Services - 0.0% |  |  |
| Sonic Healthcare Ltd  | 2048580 | 31320679 |
| Industrials - 0.1% |  |  |
| Commercial Services & Supplies - 0.1% |  |  |
| Brambles Ltd  | 3524740 | 55560156 |
| Trading Companies & Distributors - 0.0% |  |  |
| SGH Ltd  | 881710 | 27317177 |
| TOTAL INDUSTRIALS |  | 82877333 |
| Materials - 0.7% |  |  |
| Metals & Mining - 0.7% |  |  |
| Glencore PLC  | 37607840 | 179771319 |
| Northern Star Resources Ltd  | 2305547 | 41024613 |
| Rio Tinto Ltd  | 1013750 | 87854861 |
| Rio Tinto PLC  | 1291800 | 92754228 |
|  |  | 401405021 |
| Real Estate - 0.1% |  |  |
| Diversified REITs - 0.1% |  |  |
| GPT Group/The unit  | 15180240 | 55196605 |
| TOTAL AUSTRALIA |  | 911740258 |
| AUSTRIA - 0.1%  |  |  |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| Erste Group Bank AG  | 428390 | 46800302 |
| BELGIUM - 0.9%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Beverages - 0.1% |  |  |
| Anheuser-Busch InBev SA/NV  | 613070 | 37792928 |
| Financials - 0.4% |  |  |
| Banks - 0.4% |  |  |
| KBC Group NV  | 2227000 | 274302157 |
| Health Care - 0.4% |  |  |
| Pharmaceuticals - 0.4% |  |  |
| UCB SA  | 772789 | 215657724 |
| Real Estate - 0.0% |  |  |
| Industrial REITs - 0.0% |  |  |
| Warehouses De Pauw CVA  | 1170543 | 30397401 |
| TOTAL BELGIUM |  | 558150210 |
| BRAZIL - 0.2%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Broadline Retail - 0.1% |  |  |
| MercadoLibre Inc (b) | 21986 | 45550155 |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Wheaton Precious Metals Corp  | 439081 | 48280215 |
| TOTAL BRAZIL |  | 93830370 |
| CANADA - 0.4%  |  |  |
| Financials - 0.1% |  |  |
| Capital Markets - 0.1% |  |  |
| Brookfield Asset Management Ltd Class A (United States) (c) | 825695 | 43547154 |
| Industrials - 0.0% |  |  |
| Professional Services - 0.0% |  |  |
| Thomson Reuters Corp (c) | 294606 | 39890763 |
| Information Technology - 0.2% |  |  |
| IT Services - 0.1% |  |  |
| Shopify Inc Class A (United States) (b) | 310092 | 49192995 |
| Software - 0.1% |  |  |
| Constellation Software Inc/Canada  | 34190 | 83600416 |
| TOTAL INFORMATION TECHNOLOGY |  | 132793411 |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Franco-Nevada Corp  | 218062 | 45811043 |
| TOTAL CANADA |  | 262042371 |
| CHILE - 0.1%  |  |  |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Antofagasta PLC  | 879200 | 32097522 |
| CHINA - 0.8%  |  |  |
| Communication Services - 0.4% |  |  |
| Interactive Media & Services - 0.4% |  |  |
| Tencent Holdings Ltd  | 3095095 | 244548232 |
| Consumer Discretionary - 0.3% |  |  |
| Broadline Retail - 0.3% |  |  |
| Prosus NV Class N  | 2898242 | 182716753 |
| Industrials - 0.1% |  |  |
| Machinery - 0.1% |  |  |
| Yangzijiang Shipbuildling (Holdings) Ltd  | 17921430 | 46330046 |
| TOTAL CHINA |  | 473595031 |
| DENMARK - 0.6%  |  |  |
| Health Care - 0.0% |  |  |
| Pharmaceuticals - 0.0% |  |  |
| Novo Nordisk A/S Series B  | 109500 | 5422756 |
| Industrials - 0.5% |  |  |
| Air Freight & Logistics - 0.5% |  |  |
| DSV A/S  | 1287279 | 293996299 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| Novonesis Novozymes B Series B  | 1203925 | 75120805 |
| TOTAL DENMARK |  | 374539860 |
| FINLAND - 0.4%  |  |  |
| Financials - 0.2% |  |  |
| Insurance - 0.2% |  |  |
| Mandatum Holding Oy  | 1119100 | 8419783 |
| Sampo Oyj A Shares  | 7928100 | 93249133 |
|  |  | 101668916 |
| Information Technology - 0.1% |  |  |
| Communications Equipment - 0.1% |  |  |
| Nokia Oyj  | 13347770 | 81289548 |
| Materials - 0.1% |  |  |
| Paper & Forest Products - 0.1% |  |  |
| UPM-Kymmene Oyj  | 1768710 | 48286756 |
| Utilities - 0.0% |  |  |
| Electric Utilities - 0.0% |  |  |
| Fortum Oyj  | 1690700 | 34714117 |
| TOTAL FINLAND |  | 265959337 |
| FRANCE - 4.3%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Orange SA  | 3129940 | 51535609 |
| Entertainment - 0.0% |  |  |
| Vivendi SE  | 7169685 | 20931469 |
| Media - 0.0% |  |  |
| Canal+ SA  | 4533100 | 16003239 |
| TOTAL COMMUNICATION SERVICES |  | 88470317 |
| Consumer Discretionary - 0.6% |  |  |
| Automobile Components - 0.0% |  |  |
| Cie Generale des Etablissements Michelin SCA Series B  | 981875 | 32138590 |
| Hotels, Restaurants & Leisure - 0.1% |  |  |
| Accor SA  | 835344 | 45188365 |
| Textiles, Apparel & Luxury Goods - 0.5% |  |  |
| Hermes International SCA  | 59930 | 146033529 |
| LVMH Moet Hennessy Louis Vuitton SE  | 194912 | 144064043 |
|  |  | 290097572 |
| TOTAL CONSUMER DISCRETIONARY |  | 367424527 |
| Consumer Staples - 0.5% |  |  |
| Beverages - 0.1% |  |  |
| Pernod Ricard SA  | 355820 | 32030900 |
| Food Products - 0.4% |  |  |
| Danone SA  | 3037810 | 271419057 |
| TOTAL CONSUMER STAPLES |  | 303449957 |
| Energy - 0.3% |  |  |
| Energy Equipment & Services - 0.0% |  |  |
| Vallourec SACA  | 2615530 | 47663579 |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| TotalEnergies SE  | 2425458 | 159563106 |
| TOTAL ENERGY |  | 207226685 |
| Financials - 0.8% |  |  |
| Banks - 0.3% |  |  |
| BNP Paribas SA  | 2351220 | 200979352 |
| Capital Markets - 0.0% |  |  |
| Amundi SA (d)(e) | 286570 | 22943983 |
| Insurance - 0.5% |  |  |
| AXA SA  | 5324450 | 240546846 |
| TOTAL FINANCIALS |  | 464470181 |
| Health Care - 0.2% |  |  |
| Health Care Equipment & Supplies - 0.2% |  |  |
| EssilorLuxottica SA  | 274554 | 98345255 |
| Industrials - 1.3% |  |  |
| Aerospace & Defense - 0.9% |  |  |
| Airbus SE  | 342120 | 80464032 |
| Dassault Aviation SA  | 75072 | 23571910 |
| Safran SA  | 845850 | 284342422 |
| Thales SA  | 471610 | 123512254 |
|  |  | 511890618 |
| Building Products - 0.2% |  |  |
| Cie de Saint-Gobain SA  | 1123060 | 112089200 |
| Electrical Equipment - 0.2% |  |  |
| Legrand SA  | 896748 | 136048866 |
| TOTAL INDUSTRIALS |  | 760028684 |
| Information Technology - 0.0% |  |  |
| IT Services - 0.0% |  |  |
| Alten SA  | 164000 | 12797500 |
| Materials - 0.5% |  |  |
| Chemicals - 0.5% |  |  |
| Air Liquide SA  | 1591598 | 305026107 |
| Real Estate - 0.0% |  |  |
| Retail REITs - 0.0% |  |  |
| Unibail-Rodamco-Westfield unit  | 254450 | 27050902 |
| TOTAL FRANCE |  | 2634290115 |
| GERMANY - 5.2%  |  |  |
| Communication Services - 0.2% |  |  |
| Diversified Telecommunication Services - 0.2% |  |  |
| Deutsche Telekom AG  | 4329447 | 139615120 |
| Consumer Discretionary - 0.2% |  |  |
| Automobiles - 0.2% |  |  |
| Bayerische Motoren Werke AG  | 890510 | 90972020 |
| Specialty Retail - 0.0% |  |  |
| Auto1 Group SE (b) | 856910 | 24102208 |
| Textiles, Apparel & Luxury Goods - 0.0% |  |  |
| adidas AG  | 82370 | 15342128 |
| TOTAL CONSUMER DISCRETIONARY |  | 130416356 |
| Financials - 1.7% |  |  |
| Banks - 0.2% |  |  |
| Commerzbank AG  | 2340350 | 92005379 |
| Capital Markets - 0.4% |  |  |
| Deutsche Bank AG  | 1961500 | 69669171 |
| Deutsche Boerse AG  | 600050 | 160393468 |
|  |  | 230062639 |
| Insurance - 1.1% |  |  |
| Allianz SE  | 616165 | 265971259 |
| Hannover Rueck SE  | 776060 | 233590016 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen  | 212669 | 134028066 |
|  |  | 633589341 |
| TOTAL FINANCIALS |  | 955657359 |
| Health Care - 0.4% |  |  |
| Health Care Providers & Services - 0.4% |  |  |
| Fresenius SE & Co KGaA  | 3820677 | 209829156 |
| Pharmaceuticals - 0.0% |  |  |
| Bayer AG  | 807000 | 28550613 |
| TOTAL HEALTH CARE |  | 238379769 |
| Industrials - 1.4% |  |  |
| Aerospace & Defense - 0.6% |  |  |
| MTU Aero Engines AG  | 139200 | 56903749 |
| Rheinmetall AG  | 138712 | 238293091 |
|  |  | 295196840 |
| Air Freight & Logistics - 0.2% |  |  |
| Deutsche Post AG  | 2580298 | 134289929 |
| Electrical Equipment - 0.2% |  |  |
| Siemens Energy AG (b) | 1122745 | 150338170 |
| Industrial Conglomerates - 0.4% |  |  |
| Siemens AG  | 989522 | 262424975 |
| Machinery - 0.0% |  |  |
| Daimler Truck Holding AG  | 681700 | 28848156 |
| TOTAL INDUSTRIALS |  | 871098070 |
| Information Technology - 0.6% |  |  |
| Software - 0.6% |  |  |
| SAP SE  | 1639710 | 395842463 |
| Materials - 0.4% |  |  |
| Chemicals - 0.1% |  |  |
| BASF SE  | 785800 | 40980585 |
| Covestro AG (b) | 293800 | 21102380 |
|  |  | 62082965 |
| Construction Materials - 0.3% |  |  |
| Heidelberg Materials AG  | 771654 | 198145243 |
| TOTAL MATERIALS |  | 260228208 |
| Real Estate - 0.1% |  |  |
| Real Estate Management & Development - 0.1% |  |  |
| LEG Immobilien SE  | 594656 | 44712589 |
| Vonovia SE  | 1136474 | 34404656 |
|  |  | 79117245 |
| Utilities - 0.2% |  |  |
| Independent Power and Renewable Electricity Producers - 0.2% |  |  |
| RWE AG  | 1530210 | 77719968 |
| Multi-Utilities - 0.0% |  |  |
| E.ON SE  | 1372850 | 24452343 |
| TOTAL UTILITIES |  | 102172311 |
| TOTAL GERMANY |  | 3172526901 |
| HONG KONG - 0.5%  |  |  |
| Financials - 0.5% |  |  |
| Capital Markets - 0.0% |  |  |
| Futu Holdings Ltd Class A ADR  | 165500 | 28078730 |
| Insurance - 0.5% |  |  |
| AIA Group Ltd  | 16004390 | 166699815 |
| Prudential PLC  | 8189901 | 118665403 |
|  |  | 285365218 |
| TOTAL HONG KONG |  | 313443948 |
| INDIA - 0.3%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| MakeMyTrip Ltd (b) | 9370 | 668924 |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| Reliance Industries Ltd GDR (e) | 541000 | 38194600 |
| Financials - 0.3% |  |  |
| Banks - 0.3% |  |  |
| HDFC Bank Ltd ADR  | 2952538 | 108712450 |
| ICICI Bank Ltd ADR  | 1535763 | 47961878 |
|  |  | 156674328 |
| TOTAL INDIA |  | 195537852 |
| INDONESIA - 0.1%  |  |  |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| Bank Central Asia Tbk PT  | 138769800 | 69101904 |
| IRELAND - 0.3%  |  |  |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| AIB Group PLC  | 4098380 | 42086664 |
| Industrials - 0.2% |  |  |
| Building Products - 0.2% |  |  |
| Kingspan Group PLC  | 1685216 | 144409272 |
| TOTAL IRELAND |  | 186495936 |
| ISRAEL - 0.3%  |  |  |
| Financials - 0.2% |  |  |
| Banks - 0.2% |  |  |
| Bank Hapoalim BM  | 2191546 | 47288564 |
| Bank Leumi Le-Israel BM  | 2190805 | 45812756 |
|  |  | 93101320 |
| Health Care - 0.1% |  |  |
| Pharmaceuticals - 0.1% |  |  |
| Teva Pharmaceutical Industries Ltd ADR (b) | 2676250 | 71964363 |
| Information Technology - 0.0% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| Next Vision Stabilized Systems Ltd  | 597900 | 25813652 |
| TOTAL ISRAEL |  | 190879335 |
| ITALY - 1.7%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Automobile Components - 0.1% |  |  |
| Pirelli & C SpA (d)(e) | 6347560 | 44118693 |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| Lottomatica Group Spa  | 873000 | 22305942 |
| TOTAL CONSUMER DISCRETIONARY |  | 66424635 |
| Consumer Staples - 0.0% |  |  |
| Beverages - 0.0% |  |  |
| Coca-Cola HBC AG  | 408640 | 20489927 |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Eni SpA (c) | 3017100 | 56476389 |
| Financials - 1.0% |  |  |
| Banks - 1.0% |  |  |
| BPER Banca SPA (c) | 3034500 | 36548832 |
| FinecoBank Banca Fineco SpA  | 2654384 | 65142306 |
| Intesa Sanpaolo SpA  | 36065980 | 233959788 |
| UniCredit SpA (c) | 3567484 | 265302481 |
|  |  | 600953407 |
| Health Care - 0.2% |  |  |
| Health Care Equipment & Supplies - 0.0% |  |  |
| GVS SpA (b)(d)(e) | 190400 | 894769 |
| Pharmaceuticals - 0.2% |  |  |
| Recordati Industria Chimica e Farmaceutica SpA (c) | 2009350 | 118675858 |
| TOTAL HEALTH CARE |  | 119570627 |
| Industrials - 0.3% |  |  |
| Electrical Equipment - 0.2% |  |  |
| Prysmian SpA  | 1141665 | 114324283 |
| Machinery - 0.0% |  |  |
| Interpump Group SpA  | 219500 | 11155721 |
| Passenger Airlines - 0.1% |  |  |
| Ryanair Holdings PLC ADR  | 871650 | 59411664 |
| TOTAL INDUSTRIALS |  | 184891668 |
| TOTAL ITALY |  | 1048806653 |
| JAPAN - 8.8%  |  |  |
| Communication Services - 0.7% |  |  |
| Entertainment - 0.5% |  |  |
| Capcom Co Ltd  | 1506200 | 36827548 |
| Konami Group Corp  | 207560 | 31671154 |
| Nintendo Co Ltd  | 3134447 | 265666023 |
|  |  | 334164725 |
| Interactive Media & Services - 0.1% |  |  |
| LY Corp  | 17884100 | 48030659 |
| Wireless Telecommunication Services - 0.1% |  |  |
| SoftBank Group Corp  | 573450 | 61680837 |
| TOTAL COMMUNICATION SERVICES |  | 443876221 |
| Consumer Discretionary - 1.2% |  |  |
| Automobile Components - 0.1% |  |  |
| Sumitomo Electric Industries Ltd  | 1511020 | 59403821 |
| Automobiles - 0.5% |  |  |
| Isuzu Motors Ltd  | 2974770 | 45200964 |
| Toyota Motor Corp  | 12088360 | 243844448 |
|  |  | 289045412 |
| Broadline Retail - 0.1% |  |  |
| Pan Pacific International Holdings Corp  | 6941500 | 42070839 |
| Hotels, Restaurants & Leisure - 0.0% |  |  |
| Food & Life Cos Ltd  | 312800 | 14077552 |
| Household Durables - 0.3% |  |  |
| Panasonic Holdings Corp  | 4529060 | 56677747 |
| Sony Group Corp  | 3738000 | 109686344 |
| Sumitomo Forestry Co Ltd  | 2729000 | 29001248 |
|  |  | 195365339 |
| Specialty Retail - 0.2% |  |  |
| Fast Retailing Co Ltd  | 234570 | 85806023 |
| ZOZO Inc  | 2379520 | 20504042 |
|  |  | 106310065 |
| TOTAL CONSUMER DISCRETIONARY |  | 706273028 |
| Consumer Staples - 0.3% |  |  |
| Beverages - 0.1% |  |  |
| Asahi Group Holdings Ltd  | 4764890 | 55288647 |
| Food Products - 0.2% |  |  |
| Ajinomoto Co Inc  | 6407220 | 148608291 |
| TOTAL CONSUMER STAPLES |  | 203896938 |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Inpex Corp  | 3894980 | 83058663 |
| Financials - 1.9% |  |  |
| Banks - 1.2% |  |  |
| Chiba Bank Ltd/The  | 6403720 | 67417288 |
| Mitsubishi UFJ Financial Group Inc  | 10547400 | 165378396 |
| Mizuho Financial Group Inc  | 4224980 | 149001876 |
| Sumitomo Mitsui Financial Group Inc  | 11346870 | 343339307 |
|  |  | 725136867 |
| Financial Services - 0.3% |  |  |
| ORIX Corp  | 6066250 | 165819149 |
| Sony Financial Group Inc (b) | 1903200 | 1800793 |
|  |  | 167619942 |
| Insurance - 0.4% |  |  |
| Tokio Marine Holdings Inc  | 6298800 | 223298167 |
| TOTAL FINANCIALS |  | 1116054976 |
| Health Care - 0.3% |  |  |
| Health Care Equipment & Supplies - 0.2% |  |  |
| Hoya Corp  | 839400 | 126013444 |
| Pharmaceuticals - 0.1% |  |  |
| Chugai Pharmaceutical Co Ltd  | 1596700 | 85497087 |
| TOTAL HEALTH CARE |  | 211510531 |
| Industrials - 2.7% |  |  |
| Electrical Equipment - 0.1% |  |  |
| Fuji Electric Co Ltd  | 544580 | 37931119 |
| Industrial Conglomerates - 1.0% |  |  |
| Hikari Tsushin Inc  | 96980 | 26969759 |
| Hitachi Ltd  | 17974597 | 571670549 |
|  |  | 598640308 |
| Machinery - 1.0% |  |  |
| Ebara Corp (c) | 3114620 | 81511901 |
| Hoshizaki Corp (c) | 1226940 | 41394154 |
| Kawasaki Heavy Industries Ltd  | 341040 | 21575220 |
| Komatsu Ltd  | 417990 | 13730706 |
| MINEBEA MITSUMI Inc  | 2873000 | 58322608 |
| Mitsubishi Heavy Industries Ltd  | 10991889 | 278415818 |
| SMC Corp  | 91000 | 32008084 |
| Sumitomo Heavy Industries Ltd  | 2195330 | 59814503 |
|  |  | 586772994 |
| Professional Services - 0.0% |  |  |
| BayCurrent Inc  | 785400 | 34376491 |
| Trading Companies & Distributors - 0.6% |  |  |
| ITOCHU Corp  | 2749100 | 164729529 |
| Marubeni Corp  | 2539850 | 66973798 |
| Mitsui & Co Ltd  | 2647800 | 70294975 |
| Sumitomo Corp  | 1657290 | 51966367 |
|  |  | 353964669 |
| TOTAL INDUSTRIALS |  | 1611685581 |
| Information Technology - 1.3% |  |  |
| Electronic Equipment, Instruments & Components - 0.1% |  |  |
| Ibiden Co Ltd (c) | 678700 | 51617784 |
| TDK Corp  | 7100 | 116540 |
| Yokogawa Electric Corp  | 817800 | 26135256 |
|  |  | 77869580 |
| IT Services - 0.5% |  |  |
| Fujitsu Ltd  | 4278700 | 113519125 |
| NEC Corp  | 2722470 | 102673223 |
| TIS Inc  | 1908590 | 63059652 |
|  |  | 279252000 |
| Semiconductors & Semiconductor Equipment - 0.4% |  |  |
| Advantest Corp  | 1002070 | 133335971 |
| Renesas Electronics Corp  | 4333490 | 51102960 |
| Tekscend Photomask Corp (b) | 646920 | 13873961 |
| Tokyo Electron Ltd  | 274120 | 56040454 |
|  |  | 254353346 |
| Technology Hardware, Storage & Peripherals - 0.3% |  |  |
| FUJIFILM Holdings Corp  | 8514070 | 182796707 |
| TOTAL INFORMATION TECHNOLOGY |  | 794271633 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| Asahi Kasei Corp  | 4049770 | 33807497 |
| Kuraray Co Ltd  | 1560770 | 15347413 |
| Shin-Etsu Chemical Co Ltd  | 1391200 | 41657682 |
|  |  | 90812592 |
| Real Estate - 0.1% |  |  |
| Real Estate Management & Development - 0.1% |  |  |
| Hulic Co Ltd  | 3583240 | 39513017 |
| Mitsubishi Estate Co Ltd  | 1706220 | 40251085 |
|  |  | 79764102 |
| Utilities - 0.1% |  |  |
| Gas Utilities - 0.1% |  |  |
| Osaka Gas Co Ltd  | 949300 | 33327750 |
| Tokyo Gas Co Ltd  | 474100 | 19218343 |
|  |  | 52546093 |
| TOTAL JAPAN |  | 5393750358 |
| NETHERLANDS - 1.4%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Consumer Staples Distribution & Retail - 0.1% |  |  |
| Koninklijke Ahold Delhaize NV  | 1031800 | 42681931 |
| Financials - 0.0% |  |  |
| Insurance - 0.0% |  |  |
| ASR Nederland NV  | 382350 | 25803255 |
| Health Care - 0.3% |  |  |
| Biotechnology - 0.3% |  |  |
| Argenx SE (b) | 189172 | 172448221 |
| Information Technology - 1.0% |  |  |
| Semiconductors & Semiconductor Equipment - 1.0% |  |  |
| ASM International NV  | 331284 | 182361916 |
| ASML Holding NV  | 357452 | 378060374 |
| BE Semiconductor Industries NV  | 228940 | 34508004 |
|  |  | 594930294 |
| TOTAL NETHERLANDS |  | 835863701 |
| PORTUGAL - 0.1%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Consumer Staples Distribution & Retail - 0.1% |  |  |
| Jeronimo Martins SGPS SA  | 1688800 | 40054205 |
| SINGAPORE - 0.6%  |  |  |
| Communication Services - 0.2% |  |  |
| Diversified Telecommunication Services - 0.2% |  |  |
| Singapore Telecommunications Ltd  | 29246040 | 107005656 |
| Consumer Discretionary - 0.2% |  |  |
| Broadline Retail - 0.2% |  |  |
| Sea Ltd Class A ADR (b) | 949363 | 131970951 |
| Financials - 0.2% |  |  |
| Banks - 0.2% |  |  |
| United Overseas Bank Ltd  | 5573923 | 146160361 |
| TOTAL SINGAPORE |  | 385136968 |
| SOUTH AFRICA - 0.1%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| Thungela Resources Ltd (United Kingdom) (c) | 258200 | 1218443 |
| Materials - 0.1% |  |  |
| Metals & Mining - 0.1% |  |  |
| Anglo American PLC  | 1520507 | 57467982 |
| Valterra Platinum Ltd (United Kingdom)  | 202045 | 14067710 |
|  |  | 71535692 |
| TOTAL SOUTH AFRICA |  | 72754135 |
| SPAIN - 2.2%  |  |  |
| Financials - 1.7% |  |  |
| Banks - 1.7% |  |  |
| Banco Santander SA  | 56311640 | 604049252 |
| Bankinter SA  | 7097475 | 111674127 |
| CaixaBank SA  | 24726939 | 276110892 |
|  |  | 991834271 |
| Industrials - 0.0% |  |  |
| Transportation Infrastructure - 0.0% |  |  |
| Aena SME SA (d)(e) | 746730 | 20327342 |
| Utilities - 0.5% |  |  |
| Electric Utilities - 0.5% |  |  |
| Iberdrola SA  | 15285979 | 322654538 |
| TOTAL SPAIN |  | 1334816151 |
| SWEDEN - 0.7%  |  |  |
| Financials - 0.4% |  |  |
| Financial Services - 0.4% |  |  |
| Investor AB B Shares  | 6045880 | 205816646 |
| Health Care - 0.0% |  |  |
| Life Sciences Tools & Services - 0.0% |  |  |
| AddLife AB B Shares  | 1001600 | 20050778 |
| Industrials - 0.3% |  |  |
| Building Products - 0.2% |  |  |
| Assa Abloy AB B Shares  | 3414035 | 129849466 |
| Machinery - 0.1% |  |  |
| Indutrade AB  | 2678919 | 66454069 |
| TOTAL INDUSTRIALS |  | 196303535 |
| Information Technology - 0.0% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| Hexagon AB B Shares  | 2152888 | 25242559 |
| TOTAL SWEDEN |  | 447413518 |
| SWITZERLAND - 1.6%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Textiles, Apparel & Luxury Goods - 0.2% |  |  |
| Cie Financiere Richemont SA Series A  | 604280 | 128470344 |
| Financials - 1.1% |  |  |
| Capital Markets - 0.4% |  |  |
| Partners Group Holding AG  | 36350 | 43125738 |
| UBS Group AG  | 3455145 | 133456105 |
| UBS Group AG (United States)  | 1145387 | 44211938 |
|  |  | 220793781 |
| Insurance - 0.7% |  |  |
| Swiss Life Holding AG  | 63350 | 69479118 |
| Zurich Insurance Group AG  | 531313 | 382016503 |
|  |  | 451495621 |
| TOTAL FINANCIALS |  | 672289402 |
| Health Care - 0.1% |  |  |
| Life Sciences Tools & Services - 0.1% |  |  |
| Lonza Group AG  | 71357 | 48868572 |
| Pharmaceuticals - 0.0% |  |  |
| Galderma Group AG  | 105770 | 21072344 |
| TOTAL HEALTH CARE |  | 69940916 |
| Industrials - 0.1% |  |  |
| Machinery - 0.1% |  |  |
| Schindler Holding AG participation certificate  | 111450 | 39828353 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| Givaudan SA  | 18486 | 77962996 |
| TOTAL SWITZERLAND |  | 988492011 |
| TAIWAN - 0.5%  |  |  |
| Information Technology - 0.5% |  |  |
| Semiconductors & Semiconductor Equipment - 0.5% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd  | 6382719 | 294359112 |
| UNITED KINGDOM - 6.2%  |  |  |
| Consumer Discretionary - 0.8% |  |  |
| Hotels, Restaurants & Leisure - 0.5% |  |  |
| Compass Group PLC  | 6755670 | 212412956 |
| InterContinental Hotels Group PLC  | 901655 | 119701503 |
|  |  | 332114459 |
| Household Durables - 0.2% |  |  |
| Barratt Redrow PLC  | 21070759 | 110003538 |
| Leisure Products - 0.0% |  |  |
| Games Workshop Group PLC  | 113739 | 29222980 |
| Specialty Retail - 0.0% |  |  |
| JD Sports Fashion PLC  | 6660900 | 6812040 |
| Textiles, Apparel & Luxury Goods - 0.1% |  |  |
| Burberry Group PLC (b) | 2274880 | 34313292 |
| TOTAL CONSUMER DISCRETIONARY |  | 512466309 |
| Consumer Staples - 1.1% |  |  |
| Beverages - 0.1% |  |  |
| Diageo PLC  | 3019140 | 69395267 |
| Consumer Staples Distribution & Retail - 0.0% |  |  |
| Tesco PLC  | 4752002 | 28339264 |
| Personal Care Products - 0.1% |  |  |
| Unilever PLC  | 1483463 | 89228709 |
| Tobacco - 0.9% |  |  |
| British American Tobacco PLC  | 5020271 | 294766334 |
| Imperial Brands PLC  | 4306899 | 182889433 |
|  |  | 477655767 |
| TOTAL CONSUMER STAPLES |  | 664619007 |
| Financials - 1.9% |  |  |
| Banks - 1.4% |  |  |
| HSBC Holdings PLC  | 13134510 | 186129048 |
| Lloyds Banking Group PLC  | 211817757 | 268636157 |
| NatWest Group PLC  | 30321750 | 253080036 |
| Standard Chartered PLC  | 6798000 | 150573302 |
|  |  | 858418543 |
| Capital Markets - 0.3% |  |  |
| 3i Group PLC  | 3650819 | 152613163 |
| London Stock Exchange Group PLC  | 199752 | 23553796 |
| St James's Place PLC  | 1486800 | 27415315 |
|  |  | 203582274 |
| Insurance - 0.2% |  |  |
| Admiral Group PLC  | 916980 | 38501940 |
| Aviva PLC  | 3915192 | 33779792 |
| Beazley PLC  | 3615500 | 38167053 |
|  |  | 110448785 |
| TOTAL FINANCIALS |  | 1172449602 |
| Health Care - 0.5% |  |  |
| Pharmaceuticals - 0.5% |  |  |
| Astrazeneca PLC  | 1581489 | 293222246 |
| Industrials - 1.4% |  |  |
| Aerospace & Defense - 0.9% |  |  |
| BAE Systems PLC  | 10607120 | 231007450 |
| Rolls-Royce Holdings PLC  | 22878880 | 322918665 |
|  |  | 553926115 |
| Professional Services - 0.4% |  |  |
| Intertek Group PLC  | 945320 | 57886067 |
| RELX PLC  | 4401636 | 176522814 |
|  |  | 234408881 |
| Trading Companies & Distributors - 0.1% |  |  |
| Diploma PLC  | 570218 | 41249686 |
| TOTAL INDUSTRIALS |  | 829584682 |
| Information Technology - 0.1% |  |  |
| Electronic Equipment, Instruments & Components - 0.1% |  |  |
| Halma PLC  | 1576500 | 74290544 |
| Utilities - 0.4% |  |  |
| Electric Utilities - 0.2% |  |  |
| SSE PLC  | 3898600 | 113424147 |
| Multi-Utilities - 0.2% |  |  |
| National Grid PLC (c) | 6673319 | 101394678 |
| TOTAL UTILITIES |  | 214818825 |
| TOTAL UNITED KINGDOM |  | 3761451215 |
| UNITED STATES - 5.4%  |  |  |
| Communication Services - 0.2% |  |  |
| Entertainment - 0.2% |  |  |
| Spotify Technology SA (b) | 202198 | 121090316 |
| Consumer Staples - 0.1% |  |  |
| Food Products - 0.1% |  |  |
| Nestle SA  | 664120 | 66053678 |
| Energy - 0.7% |  |  |
| Oil, Gas & Consumable Fuels - 0.7% |  |  |
| BP PLC  | 5852510 | 35148105 |
| Shell PLC  | 6026605 | 221483306 |
| Shell PLC ADR  | 2585400 | 190724958 |
| Shell PLC rights 12/31/2049 (b)(f) | 5948605 | 2129600 |
|  |  | 449485969 |
| Financials - 0.6% |  |  |
| Capital Markets - 0.1% |  |  |
| Moody's Corp  | 78182 | 38370162 |
| S&P Global Inc  | 85984 | 42891399 |
|  |  | 81261561 |
| Financial Services - 0.2% |  |  |
| Mastercard Inc Class A  | 64043 | 35257593 |
| Visa Inc Class A  | 244457 | 81756199 |
|  |  | 117013792 |
| Insurance - 0.3% |  |  |
| Aon PLC  | 104726 | 37064626 |
| Arthur J Gallagher & Co  | 148277 | 36716351 |
| Marsh & McLennan Cos Inc  | 463300 | 84992385 |
| Swiss Re AG  | 201131 | 35450246 |
|  |  | 194223608 |
| TOTAL FINANCIALS |  | 392498961 |
| Health Care - 1.0% |  |  |
| Health Care Equipment & Supplies - 0.2% |  |  |
| Alcon AG  | 1693852 | 134689813 |
| Pharmaceuticals - 0.8% |  |  |
| GSK PLC  | 10584041 | 251858241 |
| Roche Holding AG non-voting shares  | 550822 | 211021772 |
|  |  | 462880013 |
| TOTAL HEALTH CARE |  | 597569826 |
| Industrials - 1.4% |  |  |
| Aerospace & Defense - 0.0% |  |  |
| TransDigm Group Inc  | 18285 | 24870708 |
| Building Products - 0.1% |  |  |
| Trane Technologies PLC  | 165579 | 69788237 |
| Commercial Services & Supplies - 0.3% |  |  |
| Waste Connections Inc  | 797480 | 140903637 |
| Construction & Engineering - 0.1% |  |  |
| Ferrovial SE  | 676816 | 44340491 |
| Electrical Equipment - 0.8% |  |  |
| Eaton Corp PLC  | 129641 | 44841525 |
| Schneider Electric SE  | 1452150 | 390781797 |
|  |  | 435623322 |
| Professional Services - 0.1% |  |  |
| Experian PLC  | 1129713 | 49645666 |
| Trading Companies & Distributors - 0.0% |  |  |
| Ferguson Enterprises Inc (United Kingdom)  | 110700 | 28031876 |
| TOTAL INDUSTRIALS |  | 793203937 |
| Information Technology - 0.1% |  |  |
| Software - 0.1% |  |  |
| Cadence Design Systems Inc (b) | 131400 | 40975776 |
| Synopsys Inc (b) | 101500 | 42428015 |
|  |  | 83403791 |
| Materials - 1.3% |  |  |
| Chemicals - 0.2% |  |  |
| Linde PLC  | 351000 | 144022320 |
| Construction Materials - 1.1% |  |  |
| Amrize Ltd  | 783210 | 40374665 |
| CRH PLC  | 1890300 | 226760388 |
| CRH PLC (United Kingdom)  | 392157 | 46988771 |
| Holcim AG  | 3311500 | 310652183 |
|  |  | 624776007 |
| TOTAL MATERIALS |  | 768798327 |
| TOTAL UNITED STATES |  | 3272104805 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $21,499,352,115) |  | <br> **27656034084** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 0.0%** | &nbsp;&nbsp;**Domestic Equity Funds - 0.0%** | &nbsp;&nbsp;**Domestic Equity Funds - 0.0%** |
|  | Shares | Value ($)<br>|
| Fidelity SAI Inflation-Focused Fund (g)<br>(Cost $1,175)<br>| 15 | **1327** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**International Equity Funds - 49.1%** | &nbsp;&nbsp;**International Equity Funds - 49.1%** | &nbsp;&nbsp;**International Equity Funds - 49.1%** |
|  | Shares | Value ($)<br>|
| Fidelity Advisor International Discovery Fund - Class Z (g) | 72390801 | 4291326705 |
| Fidelity Advisor International Growth Fund - Class Z (g) | 64573772 | 1488425433 |
| Fidelity Advisor International Real Estate Fund - Class Z (g) | 8370922 | 88145813 |
| Fidelity Advisor International Small Cap Opportunities Fund - Class Z (g) | 6213721 | 148321515 |
| Fidelity Advisor Japan Fund - Class Z (g) | 9715552 | 210633158 |
| Fidelity Diversified International Fund (g) | 79270805 | 4153790186 |
| Fidelity Japan Smaller Companies Fund (g) | 3117355 | 61879494 |
| Fidelity Pacific Basin Fund (g) | 3631096 | 148076114 |
| Fidelity SAI International Index Fund (g) | 229164288 | 4019541608 |
| Fidelity SAI International Low Volatility Index Fund (g) | 271646022 | 3528681826 |
| Fidelity SAI International Momentum Index Fund (g) | 35232954 | 645820045 |
| Fidelity SAI International Quality Index Fund (g) | 78500079 | 1097431101 |
| Fidelity SAI International Small Cap Index Fund (g) | 62779489 | 660440228 |
| Fidelity SAI International Value Index Fund (g) | 704969324 | 9122303059 |
| Fidelity SAI Japan Stock Index Fund (g) | 10983515 | 135866077 |
| iShares MSCI India ETF (c) | 3046486 | 166673249 |
| <br> **TOTAL INTERNATIONAL EQUITY FUNDS**<br> (Cost $23,297,046,600) |  | **29967355611** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Non-Convertible Preferred Stocks - 0.0%** |
|  | Shares | Value ($)<br>|
| GERMANY - 0.0%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Automobiles - 0.0% |  |  |
| Porsche Automobil Holding SE <br>(Cost $14,233,150)<br>| 296500 | **12786813** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** |
|  | Yield (%) (h) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 1/2/2026 (i) | 3.89 to 3.90 | 23410000 | 23330822 |
| US Treasury Bills 0% 1/8/2026 (i) | 3.89 to 3.90 | 16600000 | 16533398 |
| US Treasury Bills 0% 12/11/2025 (i) | 3.92 to 3.98 | 9720000 | 9709430 |
| US Treasury Bills 0% 12/18/2025 (i) | 3.89 to 3.92 | 10430000 | 10410750 |
| US Treasury Bills 0% 12/26/2025 (i) | 3.88 to 3.93 | 1010000 | 1007270 |
| US Treasury Bills 0% 12/4/2025 (i) | 3.95 to 4.07 | 9060000 | 9057078 |
| US Treasury Bills 0% 2/19/2026 (i) | 3.77 to 3.81 | 7460000 | 7398536 |
| US Treasury Bills 0% 2/26/2026 (i) | 3.77 | 14290000 | 14161947 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $91,605,651) |  |  | **91609231** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 6.4%** | &nbsp;&nbsp;**Money Market Funds - 6.4%** | &nbsp;&nbsp;**Money Market Funds - 6.4%** | &nbsp;&nbsp;**Money Market Funds - 6.4%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (j) | 4.02 | 364042068 | 364114876 |
| Fidelity Securities Lending Cash Central Fund (j)(k) | 4.02 | 640400691 | 640464731 |
| State Street Institutional U.S. Government Money Market Fund Premier Class (l) | 0.10 | 2904195852 | 2904195852 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $3,908,775,459) |  |  | **3908775459** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.9%**<br> (Cost $48,811,014,150)<br>| <br>**61636562525** |
| **NET OTHER ASSETS (LIABILITIES) - (0.9)%**  | **(536328610)** |
| **NET ASSETS - 100.0%** | **61100233915** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Equity Contracts |  |  |  |  |  |
| CME Nikkei 225 Index Contracts (United States) | 250 | 12/11/2025 | 62806250 | 8074145 | 8074145 |
| ICE MSCI EAFE Index Contracts (United States) | 20721 | 12/19/2025 | 2920521345 | 19622229 | 19622229 |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **27696374** |
| The notional amount of futures purchased as a percentage of Net Assets is 4.8% | The notional amount of futures purchased as a percentage of Net Assets is 4.8% | The notional amount of futures purchased as a percentage of Net Assets is 4.8% | The notional amount of futures purchased as a percentage of Net Assets is 4.8% | The notional amount of futures purchased as a percentage of Net Assets is 4.8% | The notional amount of futures purchased as a percentage of Net Assets is 4.8% |

---

**Security Type Abbreviations**

ETF - EXCHANGE-TRADED FUND

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Non-income producing.

(c) Security or a portion of the security is on loan at period end.

(d) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $88,284,787 or 0.1% of net assets.

(e) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $126,479,387 or 0.2% of net assets.

(f) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(g) Affiliated fund.

(h) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(i) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $91,609,231.

(j) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(k) Investment made with cash collateral received from securities on loan.

(l) The rate quoted is the annualized seven-day yield of the fund at period end.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 139844539 | 4018767179 | 3794504270 | 10990668 | 7428 | - | 364114876 | 364042068 | 0.6% |
| Fidelity Securities Lending Cash Central Fund | 191564836 | 2675290302 | 2226396621 | 606084 | 6214 | - | 640464731 | 640400691 | 2.2% |
| Total | 331409375 | 6694057481 | 6020900891 | 11596752 | 13642 | - | 1004579607 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Advisor International Discovery Fund - Class Z | 3650923038 | - | 15000000 | - | (2015905) | 657419572 | 4291326705 | 72390801 |
| Fidelity Advisor International Growth Fund - Class Z | 848881853 | 582999999 | - | - | - | 56543581 | 1488425433 | 64573772 |
| Fidelity Advisor International Real Estate Fund - Class Z | 74382620 | 1779607 | - | 1779606 | - | 11983586 | 88145813 | 8370922 |
| Fidelity Advisor International Small Cap Opportunities Fund - Class Z | 125330748 | - | - | - | - | 22990767 | 148321515 | 6213721 |
| Fidelity Advisor Japan Fund - Class Z | 162346867 | - | - | - | - | 48286291 | 210633158 | 9715552 |
| Fidelity Diversified International Fund | 3477320392 | 99999999 | 10000000 | - | (1170561) | 587640356 | 4153790186 | 79270805 |
| Fidelity Japan Smaller Companies Fund | 48848950 | - | - | - | - | 13030544 | 61879494 | 3117355 |
| Fidelity Pacific Basin Fund | 116412953 | - | - | - | - | 31663161 | 148076114 | 3631096 |
| Fidelity SAI Inflation-Focused Fund | 1246 | 68 | - | 67 | - | 13 | 1327 | 15 |
| Fidelity SAI International Index Fund | 4255393719 | 723060930 | 1551490495 | - | 81233332 | 511344122 | 4019541608 | 229164288 |
| Fidelity SAI International Low Volatility Index Fund | 2822208723 | 314000000 | - | - | - | 392473103 | 3528681826 | 271646022 |
| Fidelity SAI International Momentum Index Fund | 450064544 | 79000000 | - | - | - | 116755501 | 645820045 | 35232954 |
| Fidelity SAI International Quality Index Fund | 974706347 | 126000000 | 75000000 | - | (7352419) | 79077173 | 1097431101 | 78500079 |
| Fidelity SAI International Small Cap Index Fund | 528603301 | - | - | - | - | 131836927 | 660440228 | 62779489 |
| Fidelity SAI International Value Index Fund | 6616002102 | 818000000 | - | - | - | 1688300957 | 9122303059 | 704969324 |
| Fidelity SAI Japan Stock Index Fund | 110823663 | - | - | - | - | 25042414 | 135866077 | 10983515 |
|  | 24262251066 | 2744840603 | 1651490495 | 1779673 | 70694447 | 4374388068 | 29800683689 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy. If an unaffiliated open-end mutual fund's NAV is unavailable, shares of that fund may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and is categorized as Level 2 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

**Derivative Instruments**

Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.

The Fund used futures contracts to manage its exposure to the stock market.

Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Rutland Square Trust II

- **b. Investment Company Act file number:** 811-21991

- **c. CIK number of Registrant:** 0001364924

- **d. LEI of Registrant:** 1KZ3JN58GDRI3EZKKG06

- **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:** Strategic Advisers Fidelity International Fund

- **b. EDGAR series identifier (if any):** S000029153

- **c. LEI of Series:** 549300RL78WW24QSWN11

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-11-30

**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:** $61722958970.44

**Total Liabilities:** $685762698.94

**Net Assets:** $61037196271.50

**Delayed Delivery Securities:** $2129600.59

**Cash Not Reported:** $109202535.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089635 | 2.34%                | 0.87%                | 0.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $46611874.97             | $1162287895.72                             |
| Month 2  | $35132856.29             | $386428575.36                              |
| Month 3  | $-79479349.20            | $266829950.15                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADIDAS AG                                                 | ADIDAS AG                                            | CUSIP: N/A<br>LEI: 549300JSX0Z4CW0V5023       | Long             | EC               | CORP              | DE        |      82370 | NS      | $15342128.06   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ADVANTEST CORP                                            | ADVANTEST CORP                                       | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |    1002070 | NS      | $133335970.98  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| AIR LIQUIDE SA                                            | AIR LIQUIDE SA                                       | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |    1591598 | NS      | $305026107.24  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| AIRBUS SE                                                 | AIRBUS SE                                            | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |     342120 | NS      | $80464031.71   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| AJINOMOTO CO INC                                          | AJINOMOTO CO INC                                     | CUSIP: N/A<br>LEI: 353800UT0TLROREPIC92       | Long             | EC               | CORP              | JP        |    6407220 | NS      | $148608290.77  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJI ELECTRIC CO LTD                                      | FUJI ELECTRIC CO LTD                                 | CUSIP: N/A<br>LEI: 5299000HVNGZZTYYM906       | Long             | EC               | CORP              | JP        |     544580 | NS      | $37931118.72   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANZ SE                                                | ALLIANZ SE (REGD)                                    | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |     616165 | NS      | $265971258.62  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| GPT GROUP                                                 | GPT GROUP REIT STAPLED                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   15180240 | NS      | $55196604.91   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTEN SA                                                  | ALTEN                                                | CUSIP: N/A<br>LEI: 969500Y7G9TY7Y24GN07       | Long             | EC               | CORP              | FR        |     164000 | NS      | $12797500.10   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSA ABLOY AB                                             | ASSA ABLOY AB SER B                                  | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |    3414035 | NS      | $129849466.48  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| INDUTRADE AB                                              | INDUTRADE AB                                         | CUSIP: N/A<br>LEI: 549300FISLQ6CEFP1867       | Long             | EC               | CORP              | SE        |    2678919 | NS      | $66454068.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGLO AMERICAN PLC                                        | ANGLO AMERICAN PLC                                   | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |    1520507 | NS      | $57467981.62   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                           | ANTOFAGASTA PLC                                      | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |     879200 | NS      | $32097522.17   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ASAHI GROUP HOLDINGS LTD                                  | ASAHI GROUP HOLDINGS LTD                             | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    4764890 | NS      | $55288647.13   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MTU AERO ENGINES AG                                       | MTU AERO ENGINES AG                                  | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |     139200 | NS      | $56903749.46   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTOCRAT LEISURE LTD                                    | ARISTOCRAT LEISURE LTD                               | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |    1129700 | NS      | $43178773.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ASAHI KASEI CORP                                          | ASAHI KASEI CORP                                     | CUSIP: N/A<br>LEI: 353800GPI4Z3MGDGN142       | Long             | EC               | CORP              | JP        |    4049770 | NS      | $33807497.07   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                                           | ASML HOLDING NV                                      | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     304958 | NS      | $322539908.56  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                           | ASTRAZENECA PLC                                      | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    1581489 | NS      | $293222245.50  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM INTL NV                                               | ASM INTERNATIONAL NV (NETH)                          | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |     331284 | NS      | $182361916.09  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                                    | AXA SA                                               | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    5324450 | NS      | $240546845.65  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                           | BAE SYSTEMS PLC                                      | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |   10717620 | NS      | $233413977.14  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                                   | BASF SE                                              | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |     785800 | NS      | $40980584.71   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BP PLC                                                    | BP PLC                                               | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |    5852510 | NS      | $35148105.15   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    2351220 | NS      | $200979351.90  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK HAPOALIM B M                                         | BANK HAPOALIM LTD (REG)                              | CUSIP: N/A<br>LEI: B6ARUI4946ST4S7WOU88       | Long             | EC               | CORP              | IL        |    2191546 | NS      | $47288563.97   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                                      | BANK LEUMI LE-ISRAEL BM                              | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |    2190805 | NS      | $45812755.79   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PARTNERS GROUP HOLDING                                    | PARTNERS GROUP HOLDING AG                            | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |      36350 | NS      | $43125737.77   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HLDGS LTD                                         | TENCENT HOLDINGS LTD                                 | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |    3095095 | NS      | $244548231.64  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| REA GROUP LTD                                             | REA GROUP LTD                                        | CUSIP: N/A<br>LEI: 894500KA4UBDATOFPN36       | Long             | EC               | CORP              | AU        |     141410 | NS      | $18150035.19   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| INPEX CORPORATION                                         | INPEX CORP                                           | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    3894980 | NS      | $83058662.53   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRATT REDROW PLC                                        | BARRATT REDROW PLC                                   | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |   21070759 | NS      | $110003537.72  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BAYER AG                                                  | BAYER AG                                             | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |     807000 | NS      | $28550613.29   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BAYERISCHE MOTOREN WERKE (BMW) AG                         | BMW AG                                               | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |     890510 | NS      | $90972020.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BE SEMICONDUCTOR INDUSTRIES NV                            | BE SEMICOND INDUS NV (NETH)                          | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     228940 | NS      | $34508003.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK CENTRAL ASIA TBK PT                                  | BANK CENTRAL ASIA                                    | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |  138769800 | NS      | $69101904.36   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER BANCA                                                | BPER BANCA                                           | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |    3034500 | NS      | $36548831.81   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| BANCO SANTANDER SA                                        | BANCO SANTANDER SA                                   | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |   56311640 | NS      | $604049252.15  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| AVIVA  PLC                                                | AVIVA PLC                                            | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |    3915192 | NS      | $33779793.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMIRAL GROUP PLC                                         | ADMIRAL GROUP PLC                                    | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |     916980 | NS      | $38501939.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPERIAN PLC                                              | EXPERIAN PLC                                         | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |    1129713 | NS      | $49645666.31   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ACCOR SA                                                  | ACCOR SA                                             | CUSIP: N/A<br>LEI: 969500QZC2Q0TK11NV07       | Long             | EC               | CORP              | FR        |     835344 | NS      | $45188365.39   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                                   | CRH PLC                                              | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |    1890300 | NS      | $226760388.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJIFILM HLDGS CORP                                       | FUJIFILM HOLDINGS CORP                               | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |    8514070 | NS      | $182796706.70  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                              | BRITISH AMERICAN TOBACCO PLC                         | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    5020271 | NS      | $294766334.45  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAMBLES LTD                                              | BRAMBLES LTD                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    3524740 | NS      | $55560155.77   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BURBERRY GROUP PLC                                        | BURBERRY GROUP PLC                                   | CUSIP: N/A<br>LEI: 213800PE1KEFCNFR1R50       | Long             | EC               | CORP              | GB        |    2274880 | NS      | $34313292.18   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                                   | CRH PLC                                              | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     392157 | NS      | $46988770.67   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS INC                                | CADENCE DESIGN SYSTEMS INC                           | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     131400 | NS      | $40975776.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPCOM CO LTD                                             | CAPCOM CO LTD                                        | CUSIP: N/A<br>LEI: 529900JJWQKXS3TC8744       | Long             | EC               | CORP              | JP        |    1506200 | NS      | $36827547.68   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| PRYSMIAN SPA                                              | PRYSMIAN SPA                                         | CUSIP: N/A<br>LEI: 529900X0H1IO3RS1A464       | Long             | EC               | CORP              | IT        |    1141665 | NS      | $114324283.41  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| YANGZIJIANG SHIPBUILDLING (HOLDINGS) LTD                  | YANGZIJIANG SHIPBLDG HLDGS LTD                       | CUSIP: N/A<br>LEI: 254900Z3JEM14YIGLM66       | Long             | EC               | CORP              | SG        |   17921430 | NS      | $46330046.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC GROUPE SA/NV                                          | KBC GROUPE SA                                        | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |    2227000 | NS      | $274302155.65  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                                    | WAREHOUSES DE PAUW SCA                               | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    1170543 | NS      | $30397401.47   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIBA BANK LTD                                            | CHIBA BANK LTD                                       | CUSIP: N/A<br>LEI: FGJPAKKCTZVSKZXNBS63       | Long             | EC               | CORP              | JP        |    6403720 | NS      | $67417288.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SONY FINL HLDGS INC                                       | SONY FINANCIAL HOLDINGS INC                          | CUSIP: N/A<br>LEI: 353800O7BDSU41WOZA60       | Long             | EC               | CORP              | JP        |    1903200 | NS      | $1800793.57    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CAIXABANK SA                                              | CAIXABANK SA                                         | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |   24726939 | NS      | $276110891.71  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| WHITEHAVEN COAL LTD                                       | WHITEHAVEN COAL LTD                                  | CUSIP: N/A<br>LEI: 529900WCZ4I6ZO3RRP86       | Long             | EC               | CORP              | AU        |    7596020 | NS      | $34487370.19   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUGAI PHARMACEUTICAL CO LTD                              | CHUGAI PHARMACEUTICAL CO LTD                         | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |    1596700 | NS      | $85497087.37   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                       | MACQUARIE GROUP LTD                                  | CUSIP: N/A<br>LEI: ACMHD8HWFMFUIQQ8Y590       | Long             | EC               | CORP              | AU        |     570823 | NS      | $73687972.48   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOZO INC                                                  | ZOZO INC                                             | CUSIP: N/A<br>LEI: 549300GC7XPQMZA0OW13       | Long             | EC               | CORP              | JP        |    2379520 | NS      | $20504042.25   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PORSCHE AUTOMOBIL HLDG SE                                 | PORSCHE AUTO HLDG NON-VTG PFD                        | CUSIP: N/A<br>LEI: 52990053Z17ZYM1KFV27       | Long             | EP               | CORP              | DE        |     296500 | NS      | $12786813.08   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS INC                                                   | TIS INC                                              | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |    1908590 | NS      | $63059652.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA COLA HBC AG                                          | COCA COLA HBC AG                                     | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |     408640 | NS      | $20489927.05   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERZBANK AG                                            | COMMERZBANK AG                                       | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |    2340350 | NS      | $92005378.83   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE DE ST GOBAIN                                    | ST GOBAIN CIE DE                                     | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |    1123060 | NS      | $112089200.28  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPASS GROUP PLC                                         | COMPASS GROUP PLC                                    | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    6755670 | NS      | $212412955.75  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| JD SPORTS FASHION PLC                                     | JD SPORTS FASHION PLC                                | CUSIP: N/A<br>LEI: 213800HROV6Y9MUU8375       | Long             | EC               | CORP              | GB        |    6660900 | NS      | $6812039.91    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                                | CONSTELLATION SOFTWARE INC                           | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      34190 | NS      | $83600415.72   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                | MIZUHO FINANCIAL GROUP INC                           | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |    4224980 | NS      | $149001875.75  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| HOSHIZAKI CORP                                            | HOSHIZAKI CORP                                       | CUSIP: N/A<br>LEI: 5299001QAMLGU3SRBG20       | Long             | EC               | CORP              | JP        |    1226940 | NS      | $41394153.84   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| LLOYDS BANKING GROUP PLC                                  | LLOYDS BANKING GROUP PLC                             | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |  211817757 | NS      | $268636157.32  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| DANONE SA                                                 | DANONE SA                                            | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |    3037810 | NS      | $271419057.22  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| DASSAULT AVIATION SA                                      | DASSAULT AVIATION SA                                 | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |      75072 | NS      | $23571910.50   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV A/S                                                   | DSV A/S                                              | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |    1287279 | NS      | $293996298.59  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| BANKINTER SA                                              | BANKINTER SA                                         | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |    7097475 | NS      | $111674126.98  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN STAR RESOURCES LTD                               | NORTHERN STAR RESOURCES LTD                          | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |    2305547 | NS      | $41024612.75   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC                                                | DIAGEO PLC                                           | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |    3019140 | NS      | $69395267.13   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                          | DEUTSCHE BANK AG                                     | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |    1961500 | NS      | $69669171.68   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE TELEKOM AG                                       | DEUTSCHE TELEKOM AG (REGD)                           | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |    4329447 | NS      | $139615120.19  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| DIPLOMA PLC                                               | DIPLOMA PLC                                          | CUSIP: N/A<br>LEI: 2138008OGI7VYG8FGR19       | Long             | EC               | CORP              | GB        |     570218 | NS      | $41249686.76   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PAN PACIFIC INTERNATIONAL HOLDINGS LTD                    | PAN PACIFIC INTERNATIONAL HOLDINGS LTD               | CUSIP: N/A<br>LEI: 529900QLHJM2E18A5763       | Long             | EC               | CORP              | JP        |    6941500 | NS      | $42070839.29   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| DHL GROUP                                                 | DHL GROUP                                            | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |    2580298 | NS      | $134289928.88  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| ENI SPA                                                   | ENI SPA                                              | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |    3017100 | NS      | $56476389.30   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| E.ON SE                                                   | E.ON SE                                              | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |    1372850 | NS      | $24452342.65   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ERSTE GROUP BANK AG (UNGTD)                               | ERSTE GROUP BANK AG                                  | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |     428390 | NS      | $46800301.82   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BOERSE AG                                        | DEUTSCHE BOERSE AG                                   | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |     600050 | NS      | $160393467.55  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| EBARA CORP                                                | EBARA CORP                                           | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |    3114620 | NS      | $81511901.41   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| ESSILORLUXOTTICA                                          | ESSILORLUXOTTICA                                     | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |     274554 | NS      | $98345254.81   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FAST RETAILING CO LTD                                     | FAST RETAILING CO LTD                                | CUSIP: N/A<br>LEI: 353800ZCXKHDPY0N5218       | Long             | EC               | CORP              | JP        |     234570 | NS      | $85806022.85   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Japan Smaller Companies Fund                | CUSIP: 315910760<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    3117355 | NS      | $61879493.95   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Diversified International Fund              | CUSIP: 315910802<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   79270805 | NS      | $4153790185.93 | 6.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Advisor International Growth Fund - Class Z | CUSIP: 31618H465<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   64573772 | NS      | $1488425433.21 | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | FIDELITY INTERNATIONAL DISCOVERY FUND                | CUSIP: 31618H473<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   72390801 | NS      | $4291326704.68 | 7.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Pacific Basin Fund                          | CUSIP: 316343201<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    3631096 | NS      | $148076114.17  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Cash Central Fund                           | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  411112723 | NS      | $411194945.96  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Securities Lending Cash Central Fund        | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  632608480 | NS      | $632671741.21  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust                               | FIDELITY SAI INTERNATIONAL LOW VOLATILITY INDEX FUND | CUSIP: 31635V877<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |  271646022 | NS      | $3528681826.13 | 5.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                       | SUMITOMO MITSUI FINL GROUP INC                       | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |   11346870 | NS      | $343339306.00  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                         | NATIONAL GRID PLC                                    | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |    6673319 | NS      | $101394677.96  | 0.17%             |  |  |  | No            |                  2 | On Loan: —       |
| FORTUM OYJ                                                | FORTUM OYJ                                           | CUSIP: N/A<br>LEI: 635400IUIZZIUJSAMF76       | Long             | EC               | CORP              | FI        |    1690700 | NS      | $34714117.15   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCO NEVADA CORP                                        | FRANCO-NEVADA CORP                                   | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     218062 | NS      | $45811042.94   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESENIUS SE and CO KGAA                                  | FRESENIUS SE and CO KGAA                             | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |    3820677 | NS      | $209829155.88  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJITSU LTD                                               | FUJITSU LTD                                          | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    4278700 | NS      | $113519125.31  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO                              | ARTHUR J GALLAGHAR AND CO                            | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     148277 | NS      | $36716350.74   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GAMES WORKSHOP GROUP PLC                                  | GAMES WORKSHOP GROUP CO PLC                          | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |     113739 | NS      | $29222980.43   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GIVAUDAN SA                                               | GIVAUDAN AG                                          | CUSIP: N/A<br>LEI: 213800SVRMQA1TD91D41       | Long             | EC               | CORP              | CH        |      18486 | NS      | $77962995.89   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GLENCORE PLC                                              | GLENCORE PLC                                         | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |   37607840 | NS      | $179771317.64  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| MAKEMYTRIP LIMITED                                        | MAKEMYTRIP LIMITED                                   | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | MU        |      12670 | NS      | $904511.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA GROUP LTD                                             | AIA GROUP LTD                                        | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   16004390 | NS      | $166699814.51  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                                   | GSK PLC                                              | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |   10584041 | NS      | $251858241.31  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC BANK LTD                                             | HDFC BANK LTD SPON ADR                               | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    2952538 | NS      | $108712449.16  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HALMA PLC                                                 | HALMA PLC                                            | CUSIP: N/A<br>LEI: 2138007FRGLUR9KGBT40       | Long             | EC               | CORP              | GB        |    1576500 | NS      | $74290544.13   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HANNOVER RUECK SA                                         | HANNOVER RUECKVERSICHERUNGS SE(REGD)                 | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |     776060 | NS      | $233590015.90  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SWISS RE AG                                               | SWISS RE LTD                                         | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |     201131 | NS      | $35450246.61   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC HOLDINGS PLC                                    | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |   13134510 | NS      | $186129048.19  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| HERMES INTL SCA                                           | HERMES INTERNATIONAL SA                              | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |      59930 | NS      | $146033528.03  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HEXAGON AB                                                | HEXAGON AB SER B                                     | CUSIP: N/A<br>LEI: 549300WJFW6ILNI4TA80       | Long             | EC               | CORP              | SE        |    2855070 | NS      | $33475625.67   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HIKARI TSUSHIN INC                                        | HIKARI TSUSHIN INC                                   | CUSIP: N/A<br>LEI: 3538001SOIIV8U3OXH94       | Long             | EC               | CORP              | JP        |      96980 | NS      | $26969758.97   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HITACHI LTD                                               | HITACHI LTD                                          | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |   17974597 | NS      | $571670547.65  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLCIM AG                                                 | HOLCIM LTD                                           | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |    3311500 | NS      | $310652183.02  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| HEIDELBERG MATERIALS AG                                   | HEIDELBERG MATERIALS AG                              | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |     769754 | NS      | $197657360.93  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| HOYA CORP                                                 | HOYA CORP                                            | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     839400 | NS      | $126013443.87  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI BANK LTD                                            | ICICI BANK LTD SPONS ADR                             | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    1535763 | NS      | $47961878.49   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL BRANDS PLC                                       | IMPERIAL BRANDS PLC                                  | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    4306899 | NS      | $182889432.86  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| IBIDEN CO LTD                                             | IBIDEN CO LTD                                        | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |     678700 | NS      | $51617784.32   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| IBERDROLA SA                                              | IBERDROLA SA                                         | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |   15285979 | NS      | $322654537.72  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ISUZU MOTORS LTD                                          | ISUZU MOTORS LTD                                     | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |    2974770 | NS      | $45200964.09   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL HOTELS GROUP PLC NEW                     | INTERCONTINENTAL HOTELS GP PLC                       | CUSIP: N/A<br>LEI: 2138007ZFQYRUSLU3J98       | Long             | EC               | CORP              | GB        |     901655 | NS      | $119701503.27  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                       | INTESA SANPAOLO SPA                                  | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |   36065980 | NS      | $233959788.21  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESTOR AB                                               | INVESTOR AB SER B                                    | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |    6045880 | NS      | $205816646.49  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERPUMP GROUP SPA                                       | INTERPUMP GROUP SPA                                  | CUSIP: N/A<br>LEI: 815600C79D0F31F4D395       | Long             | EC               | CORP              | IT        |     219500 | NS      | $11155720.90   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Name : iShares Ultra Short-Term Bond Active ETF       | iShares MSCI India ETF                               | CUSIP: 46429B598<br>LEI: 549300G3FWQPUM47D181 | Long             | EC               | RF                | US        |    3046486 | NS      | $166673249.06  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| ITOCHU CORPORATION                                        | ITOCHU CORP                                          | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |    2749100 | NS      | $164729528.50  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JERONIMO MARTINS SGPS SA                                  | JERONIMO MARTINS and FILHO SGPS                      | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |    1688800 | NS      | $40054205.05   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KAWASAKI HEAVY INDUSTRIES LTD                             | KAWASAKI HEAVY INDUSTRIES LTD                        | CUSIP: N/A<br>LEI: 5493008FFSI8SQ74AT93       | Long             | EC               | CORP              | JP        |     341040 | NS      | $21575220.26   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORP PLC                                            | EATON CORP PLC                                       | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |     129641 | NS      | $44841525.49   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KINGSPAN GROUP PLC                                        | KINGSPAN GROUP PLC                                   | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |    1685216 | NS      | $144409271.97  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| KOMATSU LTD                                               | KOMATSU LTD                                          | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |     417990 | NS      | $13730705.83   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| KONINKLIJKE AHOLD DELHAIZE NV                             | KONINKLIJKE AHOLD DELHAIZE NV                        | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |    1031800 | NS      | $42681931.33   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KURARAY CO LTD                                            | KURARAY CO LTD                                       | CUSIP: N/A<br>LEI: 549300W9JPTOE739QZ31       | Long             | EC               | CORP              | JP        |    1560770 | NS      | $15347413.46   | 0.03%             |  |  |  | No            |                  1 | 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        |     194912 | NS      | $144064043.46  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| KONAMI GROUP CORPORATION                                  | KONAMI GROUP CORPORATION                             | CUSIP: N/A<br>LEI: 353800FC4A5QCMIZFV94       | Long             | EC               | CORP              | JP        |     207560 | NS      | $31671153.93   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGRAND SA                                                | LEGRAND SA                                           | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |     878748 | NS      | $133318021.50  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC                           | LONDON STOCK EXCHANGE GRP PLC                        | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |     199752 | NS      | $23553796.09   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LONZA GROUP AG                                            | LONZA GROUP AG                                       | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |      71357 | NS      | $48868571.78   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                                    | TRANE TECHNOLOGIES PLC                               | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |     165579 | NS      | $69788236.92   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERTEK GROUP PLC                                        | INTERTEK GROUP PLC                                   | CUSIP: N/A<br>LEI: 2138003GAT25WW1RN369       | Long             | EC               | CORP              | GB        |     878330 | NS      | $53783976.85   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH and MCLENNAN COS INC                                | MARSH and MCLENNAN COS INC                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     463300 | NS      | $84992385.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MARUBENI CORP                                             | MARUBENI CORP                                        | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |    2539850 | NS      | $66973798.21   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                                            | MASTERCARD INC CL A                                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      64043 | NS      | $35257592.79   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| S and P GLOBAL INC                                        | S and P GLOBAL INC                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      85984 | NS      | $42891398.72   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                                          | MERCADOLIBRE INC                                     | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      21986 | NS      | $45550155.08   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MICHELIN COMPAGNIE GENERALE DES ETABLISSEMENTS            | MICHELIN CL B (REG)                                  | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |     981875 | NS      | $32138590.39   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| MINEBEA MITSUMI INC                                       | MINEBEA MITSUMI INC                                  | CUSIP: N/A<br>LEI: 353800CCB0CZ75YZ4010       | Long             | EC               | CORP              | JP        |    2873000 | NS      | $58322608.11   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI ESTATE CO LTD                                  | MITSUBISHI ESTATE CO LTD                             | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |    1706220 | NS      | $40251084.79   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                        | MITSUBISHI UFJ FINL GRP INC                          | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |   10547400 | NS      | $165378396.47  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI HEAVY INDUSTRIES LTD                           | MITSUBISHI HEAVY INDS LTD                            | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |   10991889 | NS      | $278415817.94  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUI and CO LTD                                         | MITSUI and CO LTD                                    | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |    2647800 | NS      | $70294975.19   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG IMMOBILIEN GMBH                                       | LEG IMMOBILIEN SE                                    | CUSIP: N/A<br>LEI: 391200SO40AKONBO0Z96       | Long             | EC               | CORP              | DE        |     594656 | NS      | $44712588.85   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODYS CORP                                               | MOODYS CORP                                          | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      78182 | NS      | $38370161.96   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VONOVIA SE                                                | VONOVIA SE                                           | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    1136474 | NS      | $34404655.76   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| STEADFAST GROUP LTD                                       | STEADFAST GROUP LTD                                  | CUSIP: N/A<br>LEI: 9845003B6BEAA12DBD91       | Long             | EC               | CORP              | AU        |    7605280 | NS      | $25859689.76   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN | MUNICH REINSURANCE (REG)                             | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |     212669 | NS      | $134028066.53  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC CORP                                                  | NEC CORP                                             | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |    2722470 | NS      | $102673222.82  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NESTLE SA                                                 | NESTLE SA (REG)                                      | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     664120 | NS      | $66053678.33   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NINTENDO CO LTD                                           | NINTENDO CO LTD                                      | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |    3134447 | NS      | $265666023.20  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| NOKIA CORP                                                | NOKIA OYJ                                            | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |   13347770 | NS      | $81289547.50   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVO-NORDISK AS                                           | NOVO-NORDISK AS CL B                                 | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     109500 | NS      | $5422756.86    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ORANGE                                                    | ORANGE                                               | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    3129940 | NS      | $51535609.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVONESIS (NOVOZYMES) B                                   | NOVONESIS (NOVOZYMES) B                              | CUSIP: N/A<br>LEI: 529900T6WNZXD2R3JW38       | Long             | EC               | CORP              | DK        |     628000 | NS      | $39185053.41   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX CORP                                                 | ORIX CORP                                            | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |    6066250 | NS      | $165819148.87  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| OSAKA GAS CO LTD                                          | OSAKA GAS CO LTD                                     | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |     949300 | NS      | $33327750.07   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FINECOBANK SPA                                            | FINECOBANK SPA                                       | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    2654384 | NS      | $65142305.90   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PANASONIC HOLDINGS CORP                                   | PANASONIC HOLDINGS CORP                              | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |    4529060 | NS      | $56677746.81   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| PERNOD RICARD SA                                          | PERNOD-RICARD                                        | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |     355820 | NS      | $32030899.56   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AENA SME SA                                               | AENA SME SA                                          | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |     746730 | NS      | $20327342.86   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTION INC                                      | WASTE CONNECTIONS INC                                | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     797480 | NS      | $140903636.48  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL PLC                                            | PRUDENTIAL PLC                                       | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    8189901 | NS      | $118665403.50  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                              | UBS GROUP AG                                         | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |    3455145 | NS      | $133456104.97  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                                              | UBS GROUP AG                                         | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |    1145387 | NS      | $44211938.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RECORDATI INDUSTRIA CHIMICA E FARMACEUTICA SPA            | RECORDATI SPA                                        | CUSIP: N/A<br>LEI: 815600FBF92FD3531704       | Long             | EC               | CORP              | IT        |    2009350 | NS      | $118675857.55  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| RELIANCE INDUSTRIES LTD                                   | RELIANCE INDS GDR                                    | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     541000 | NS      | $38194600.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                                  | RELX PLC                                             | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |    4401636 | NS      | $176522814.06  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                                  | RENESAS ELECTRONICS CORP                             | CUSIP: N/A<br>LEI: 5299000EPC47VJQOFB81       | Long             | EC               | CORP              | JP        |    4333490 | NS      | $51102960.26   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| RHEINMETALL                                               | RHEINMETALL AG ORD                                   | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |     138712 | NS      | $238293090.81  | 0.39%             |  |  |  | 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        |     604280 | NS      | $128470343.66  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| RIO TINTO PLC                                             | RIO TINTO PLC                                        | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |    1291800 | NS      | $92754227.80   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| RIO TINTO LTD                                             | RIO TINTO LTD                                        | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |    1013750 | NS      | $87854861.42   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMUNDI SA                                                 | AMUNDI SA                                            | CUSIP: N/A<br>LEI: 96950010FL2T1TJKR531       | Long             | EC               | CORP              | FR        |     286570 | NS      | $22943983.38   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGENX SE                                                 | ARGENX SE                                            | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |     189172 | NS      | $172448221.34  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCHE HOLDING AG                                          | ROCHE HOLDINGS AG (GENUSSCHEINE)                     | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     550822 | NS      | $211021772.10  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                  | ROLLS-ROYCE HOLDINGS PLC                             | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |   22878880 | NS      | $322918664.87  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                         | NATWEST GROUP PLC                                    | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |   30321750 | NS      | $253080035.93  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| RWE AG                                                    | RWE AG                                               | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |    1530210 | NS      | $77719968.19   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| RYANAIR HOLDINGS PLC                                      | RYANAIR HOLDINGS PLC SPON ADR                        | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     871650 | NS      | $59411664.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFRAN SA                                                 | SAFRAN SA                                            | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |     845850 | NS      | $284342422.09  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHNEIDER ELEC SA                                         | SCHNEIDER ELECTRIC SE                                | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |    1452150 | NS      | $390781795.97  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHINDLER HOLDING AG                                      | SCHINDLER HOLDING AG PART CERT                       | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |     111450 | NS      | $39828352.63   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                                    | SAP SE                                               | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |    1639710 | NS      | $395842463.05  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMPO OYJ                                                 | SAMPO OYJ SER A                                      | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |    7928100 | NS      | $93249132.91   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE PLC                                                   | SSE PLC                                              | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |    3898600 | NS      | $113424146.62  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| SGH LTD                                                   | SGH LTD                                              | CUSIP: N/A<br>LEI: 254900DME8O9GCK94794       | Long             | EC               | CORP              | AU        |     881710 | NS      | $27317177.53   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ST JAMES'S PLACE PLC                                      | ST JAMES PLACE PLC                                   | CUSIP: N/A<br>LEI: 213800M993ICXOMBCP87       | Long             | EC               | CORP              | GB        |    1486800 | NS      | $27415314.67   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIN ETSU CHEM CO LTD                                     | SHIN-ETSU CHEMICAL CO LTD                            | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |    1391200 | NS      | $41657681.58   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| HULIC CO LTD                                              | HULIC CO LTD                                         | CUSIP: N/A<br>LEI: 3538002E12E7IHAKTB10       | Long             | EC               | CORP              | JP        |    3583240 | NS      | $39513017.51   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS AG                                                | SIEMENS AG (REGD)                                    | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |     989522 | NS      | $262424974.50  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP                              | WHEATON PRECIOUS METALS CORP                         | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     439081 | NS      | $48280215.01   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SMC CORP                                                  | SMC CORP                                             | CUSIP: N/A<br>LEI: 353800O40V08DOZ70X62       | Long             | EC               | CORP              | JP        |      91000 | NS      | $32008083.56   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SONY GROUP CORP                                           | SONY GROUP CORP                                      | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |    3738000 | NS      | $109686343.35  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SONIC HEALTHCARE LTD                                      | SONIC HEALTHCARE LTD                                 | CUSIP: N/A<br>LEI: 549300NQQ5L2NONWR862       | Long             | EC               | CORP              | AU        |    2048580 | NS      | $31320679.07   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                                       | SOFTBANK GROUP CORP                                  | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |     573450 | NS      | $61680837.42   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC                               | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    6798000 | NS      | $150573301.55  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE STR INVT TR                                         | State Street Instl US Govt MMkt Premier              | CUSIP: 857492706<br>LEI: 549300CCOK7OZZUAS108 | Long             | EC               | RF                | US        | 2819497215 | NS      | $2819497215.24 | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO CORP                                             | SUMITOMO CORP                                        | CUSIP: N/A<br>LEI: V82KK8NH1P0JS71FJC05       | Long             | EC               | CORP              | JP        |    1657290 | NS      | $51966367.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO ELECTRIC INDS LTD                                | SUMITOMO ELECTRIC INDS LTD                           | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |    1511020 | NS      | $59403820.75   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO FORESTRY CO LTD                                  | SUMITOMO FORESTRY CO LTD                             | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |    2729000 | NS      | $29001248.36   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO HEAVY INDUSTRIES LTD                             | SUMITOMO HEAVY INDUSTRIES LTD                        | CUSIP: N/A<br>LEI: 353800VSTEIRMBC3S374       | Long             | EC               | CORP              | JP        |    2195330 | NS      | $59814503.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SWISS LIFE HOLDING AG                                     | SWISS LIFE HLDGS AG (NEW)                            | CUSIP: N/A<br>LEI: 5493000KUC3Z24U77V93       | Long             | EC               | CORP              | CH        |      63350 | NS      | $69479118.42   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                                              | SYNOPSYS INC                                         | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     101500 | NS      | $42428015.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TDK CORP                                                  | TDK CORP                                             | CUSIP: N/A<br>LEI: 3538005O8WNU39U8NX03       | Long             | EC               | CORP              | JP        |       7100 | NS      | $116540.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TESCO PLC                                                 | TESCO PLC                                            | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |    4752002 | NS      | $28339263.74   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDUSTRIES LTD                        | TEVA PHARMACEUTICAL IND ADR                          | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |    2676250 | NS      | $71964362.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| THALES SA                                                 | THALES                                               | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |     471610 | NS      | $123512253.62  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| THOMSON REUTERS CORP                                      | THOMSON REUTERS CORP                                 | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |     294606 | NS      | $39890763.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| TOKIO MARINE HOLDINGS INC                                 | TOKIO MARINE HOLDINGS INC                            | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |    6298800 | NS      | $223298167.36  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSDIGM GROUP INC                                       | TRANSDIGM GROUP INC                                  | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      18285 | NS      | $24870708.45   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TOYOTA MOTOR CORP                                         | TOYOTA MOTOR CORP                                    | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |   12088360 | NS      | $243844448.09  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY WINE ESTATES LTD                                 | TREASURY WINE ESTATES LTD                            | CUSIP: N/A<br>LEI: 529900LVOPJGAX6ILK66       | Long             | EC               | CORP              | AU        |    9931354 | NS      | $37867984.59   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TOKYO ELECTRON LTD                                        | TOKYO ELECTRON LTD                                   | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |     274120 | NS      | $56040454.48   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKYO GAS CO LTD                                          | TOKYO GAS CO LTD                                     | CUSIP: N/A<br>LEI: 353800678EIJLOQSWZ83       | Long             | EC               | CORP              | JP        |     474100 | NS      | $19218342.56   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTALENERGIES SE                                          | TOTALENERGIES SE                                     | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |    2425458 | NS      | $159563105.34  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| UNILEVER PLC                                              | UNILEVER PLC ORD                                     | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    1483463 | NS      | $89228708.63   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                  | UNITED OVERSEAS BANK (LOC)                           | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |    5573923 | NS      | $146160360.80  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM KYMMENE CORP                                          | UPM KYMMENE CORP                                     | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |    1768710 | NS      | $48286756.09   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                             | UNICREDIT SPA                                        | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |    3567484 | NS      | $265302480.57  | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| UCB SA                                                    | UCB SA                                               | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |     772789 | NS      | $215657723.97  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLOUREC SA                                              | VALLOUREC SA                                         | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |    2615530 | NS      | $47663579.18   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                                                  | VISA INC CL A                                        | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     244457 | NS      | $81756199.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VIVENDI SE                                                | VIVENDI                                              | CUSIP: N/A<br>LEI: 969500FU4DRAEVJW7U54       | Long             | EC               | CORP              | FR        |    7351185 | NS      | $21461347.87   | 0.04%             |  |  |  | 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        |    6382719 | NS      | $294359112.40  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| 3I GROUP PLC                                              | 3I GROUP PLC                                         | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    3650819 | NS      | $152613163.17  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTPAC BANKING CORP                                      | WESTPAC BANKING CORP                                 | CUSIP: N/A<br>LEI: EN5TNI6CI43VEPAMHL14       | Long             | EC               | CORP              | AU        |    3153270 | NS      | $77655859.22   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LY CORPORATION                                            | LY CORPORATION                                       | CUSIP: N/A<br>LEI: 52990078MD2OL792YM35       | Long             | EC               | CORP              | JP        |   18232800 | NS      | $48967149.18   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| YOKOGAWA ELECTRIC CORP                                    | YOKOGAWA ELECTRIC                                    | CUSIP: N/A<br>LEI: 529900MV0U7C9WWF4L22       | Long             | EC               | CORP              | JP        |     817800 | NS      | $26135255.59   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ZURICH INSURANCE GROUP AG                                 | ZURICH INSURANCE GROUP AG                            | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |     531313 | NS      | $382016502.52  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SINGAPORE TELECOM LTD                                     | SINGAPORE TELECOM LTD (SING)                         | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |   29246040 | NS      | $107005656.70  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | Fidelity SAI International Index Fund                | CUSIP: 31635V828<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |  229164288 | NS      | $4019541607.78 | 6.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ASR NEDERLAND NV                                          | ASR NEDERLAND NV                                     | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     410550 | NS      | $27706359.14   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ADDLIFE AB                                                | ADDLIFE AB                                           | CUSIP: N/A<br>LEI: 5493005T3M7CD7XWE013       | Long             | EC               | CORP              | SE        |    1001600 | NS      | $20050777.71   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BEAZLEY PLC/UK                                            | BEAZLEY PLC/UK                                       | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |    3615500 | NS      | $38167052.63   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BAYCURRENT INC                                            | BAYCURRENT INC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     785400 | NS      | $34376491.15   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FOOD and LIFE COMPANIES LTD                               | FOOD and LIFE COMPANIES LTD                          | CUSIP: N/A<br>LEI: 529900CWF7GCVZKS5M87       | Long             | EC               | CORP              | JP        |     312800 | NS      | $14077551.93   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ANHEUSER BUSCH INBEV SA NV                                | ANHEUSER-BUSCH INBEV SA/NV                           | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |     613070 | NS      | $37792928.49   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SHOPIFY INC                                               | SHOPIFY INC CL A                                     | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     310092 | NS      | $49192994.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PIRELLI and C SPA                                         | PIRELLI and C SPA                                    | CUSIP: N/A<br>LEI: 815600A0C9AFC1F2A709       | Long             | EC               | CORP              | IT        |    6347560 | NS      | $44118693.41   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LTD                                                   | SEA LTD ADR                                          | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     949363 | NS      | $131970950.63  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust                               | Fidelity Sai International Value Index Fund          | CUSIP: 31635V182<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |  704969324 | NS      | $9122303058.95 | 14.95%            |  |  |  | No            |                  1 | On Loan: No      |
| AIB GROUP PLC                                             | AIB GROUP PLC                                        | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |    4098380 | NS      | $42086663.66   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                                     | SPOTIFY TECHNOLOGY SA                                | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |     202198 | NS      | $121090316.26  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | FIDELITY JAPAN FUND/UNITED STATESZ                   | CUSIP: 31618H259<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    9715552 | NS      | $210633157.84  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Select Portfolios                                | FIDELITY INTERNATIONAL REAL ESTATE FUNDZ             | CUSIP: 316390152<br>LEI: Z57125JG1LHEQKDYS630 | Long             | EC               | RF                | US        |    8370922 | NS      | $88145812.95   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust                                 | FIDELITY INTERNATIONAL SMALL CAP OPPORTUNITIES FUNDZ | CUSIP: 31618H275<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    6213721 | NS      | $148321515.09  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Oxford Street Trust                              | FIDELITY SAI INFLATION-FOCUSED FUND                  | CUSIP: 31634R406<br>LEI: Z2ZIGDKL3355UQRAKY22 | Long             | EC               | RF                | US        |         15 | NS      | $1326.68       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| COLES GROUP LTD                                           | COLES GROUP LTD                                      | CUSIP: N/A<br>LEI: 549300OHQRG2HN8LZ793       | Long             | EC               | CORP              | AU        |    2055190 | NS      | $30052936.45   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FUTU HOLDINGS LTD                                         | FUTU HOLDINGS LTD ADR                                | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | KY        |     165500 | NS      | $28078730.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON INC                                                 | ALCON INC                                            | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |    1693852 | NS      | $134689812.88  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSUS NV                                                 | PROSUS NV                                            | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |    2898242 | NS      | $182716753.21  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | FIDELITY SAI INTERNATIONAL MOMENTUM INDEX FUND       | CUSIP: 31635T716<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   35232954 | NS      | $645820044.80  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust                               | FIDELITY SAI INTERNATIONAL QUALITY INDEX FUND        | CUSIP: 31635T690<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   78500079 | NS      | $1097431101.29 | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| AON PLC                                                   | AON PLC                                              | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |     104726 | NS      | $37064625.92   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GVS SPA                                                   | GVS SPA                                              | CUSIP: N/A<br>LEI: 81560013EACB40B52D17       | Long             | EC               | CORP              | IT        |     190400 | NS      | $894769.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIBAIL-RODAMCO-WESTFIELD                                 | UNIBAIL-RODAMCO-WESTFIELD (STAPLED)                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     254450 | NS      | $27050901.79   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS ENERGY AG                                         | SIEMENS ENERGY AG                                    | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |    1122745 | NS      | $150338170.17  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| AUTO1 GROUP SE                                            | AUTO1 GROUP SE                                       | CUSIP: N/A<br>LEI: 391200S2LPXG5ZD5G304       | Long             | EC               | CORP              | DE        |     856910 | NS      | $24102208.08   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Concord Street Trust                             | FIDELITY SAI INTERNATIONAL SMALL CAP INDEX FUND      | CUSIP: 315911495<br>LEI: EEX0N4ID1C226M44VF22 | Long             | EC               | RF                | US        |   62779489 | NS      | $660440228.23  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Concord Street Trust                             | FIDELITY SAI JAPAN STOCK INDEX FUND                  | CUSIP: 315911487<br>LEI: EEX0N4ID1C226M44VF22 | Long             | EC               | RF                | US        |   10983515 | NS      | $135866076.93  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THUNGELA RESOURCES LTD                                    | THUNGELA RESOURCES LTD                               | CUSIP: N/A<br>LEI: 213800EGYK3BN3SRIF27       | Long             | EC               | CORP              | ZA        |     258200 | NS      | $1218443.34    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| NEXT VISION STABILIZED SYSTEMS LTD                        | NEXT VISION STABILIZED SYSTEMS LTD                   | CUSIP: N/A<br>LEI: 2549001OCAI48UYCZD40       | Long             | EC               | CORP              | IL        |     597900 | NS      | $25813652.28   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GALDERMA GROUP AG                                         | GALDERMA GROUP AG                                    | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               | CORP              | CH        |     105770 | NS      | $21072344.66   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIMLER TRUCK HOLDING AG                                  | DAIMLER TRUCK HOLDING AG                             | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |     681700 | NS      | $28848156.30   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC                                            | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    6026605 | NS      | $221483305.63  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC SPONS ADR                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    2585400 | NS      | $190724958.00  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| BROOKFIELD ASSET MANAGEMENT LTD                           | BROOKFIELD ASSET MANAGEMENT LTD A                    | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |     825695 | NS      | $43547154.30   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| LINDE PLC                                                 | LINDE PLC                                            | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     351000 | NS      | $144022320.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| LOTTOMATICA GROUP SPA                                     | LOTTOMATICA GROUP SPA                                | CUSIP: N/A<br>LEI: 549300R72LKEGT4EX026       | Long             | EC               | CORP              | IT        |     873000 | NS      | $22305941.73   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FERROVIAL SE                                              | FERROVIAL SE                                         | CUSIP: N/A<br>LEI: 72450022R2ZFL41Y6I04       | Long             | EC               | CORP              | NL        |     676816 | NS      | $44340490.78   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MANDATUM HOLDING OY                                       | MANDATUM HOLDING OY                                  | CUSIP: N/A<br>LEI: 743700IX5UDCU4CGQE35       | Long             | EC               | CORP              | FI        |    1119100 | NS      | $8419783.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES US                                            | MSCI EAFE FUT DEC25 MFSZ5                            | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | N/A              | DE               | CORP              | US        |      20285 | NC      | $19622279.33   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC                               | NIKKEI 225 (CME) FUT DEC25 NXZ5                      | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |        250 | NC      | $8074145.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TEKSCEND PHOTOMASK CORP                                   | TEKSCEND PHOTOMASK CORP                              | CUSIP: N/A<br>LEI: 353800F4MU4MCZEB9S06       | Long             | EC               | CORP              | JP        |     646920 | NS      | $13873960.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTERPRISES INC                                  | FERGUSON ENTERPRISES INC                             | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     110700 | NS      | $28031875.60   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| COVESTRO AG                                               | COVESTRO AG-TEND                                     | CUSIP: N/A<br>LEI: 3912005AWHKLQ1CPLV11       | Long             | EC               | CORP              | DE        |     293800 | NS      | $21102380.30   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CANAL+ SADIR                                              | CANAL+ SADIR                                         | CUSIP: N/A<br>LEI: 9695000537F9F73BXN18       | Long             | EC               | CORP              | FR        |    4533100 | NS      | $16003238.64   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/26/2025                              | CUSIP: 912797NU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1010000 | PA      | $1007269.91    | 0.00%             | 2025-12-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 02/19/2026                              | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    7460000 | PA      | $7398536.24    | 0.01%             | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VALTERRA PLATINUM LIMITED                                 | VALTERRA PLATINUM LIMITED                            | CUSIP: N/A<br>LEI: 529900RORCZ0E5S5FX81       | Long             | EC               | CORP              | ZA        |     202045 | NS      | $14067710.35   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/04/2025                              | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9060000 | PA      | $9057078.15    | 0.01%             | 2025-12-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/11/2025                              | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9720000 | PA      | $9709429.50    | 0.02%             | 2025-12-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/18/2025                              | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10430000 | PA      | $10410749.56   | 0.02%             | 2025-12-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AMRIZE LTD                                                | AMRIZE LTD                                           | CUSIP: N/A<br>LEI: 529900SLCCO6K43P8146       | Long             | EC               | CORP              | CH        |     783210 | NS      | $40374665.67   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 01/02/2026                              | CUSIP: 912797RA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23410000 | PA      | $23330822.23   | 0.04%             | 2026-01-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 01/08/2026                              | CUSIP: 912797RH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16600000 | PA      | $16533397.98   | 0.03%             | 2026-01-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 02/26/2026                              | CUSIP: 912797RU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   14290000 | PA      | $14161947.31   | 0.02%             | 2026-02-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC EEE RT DRP 12/31/2049                      | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    5948605 | NS      | $2129600.59    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Heather Bonner

**Signature:** Heather Bonner

**Name of Signer:** Heather Bonner

**Title:** President and Treasurer