# EDGAR Filing Document

**Accession Number:** 0001364924
**File Stem:** 0001752724-23-014738
**Filing Date:** 2023-1
**Character Count:** 122157
**Document Hash:** 8342c08171fed4fab8bab3e10389294f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-014738.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-014738

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fidelity Rutland Square Trust II
- **CENTRAL INDEX KEY:** 0001364924
- **IRS NUMBER:** 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:** 23556599

**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**<sup>®</sup> **Fidelity**<sup>®</sup> **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, 2022**

SIL-NPRT3-0123

1.912843.112 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 25.0%** | &nbsp;&nbsp;**Common Stocks - 25.0%** | &nbsp;&nbsp;**Common Stocks - 25.0%** |
|  | Shares | Value ($)<br>|
| COMMUNICATION SERVICES - 0.9%  |  |  |
| Diversified Telecommunication Services - 0.4% |  |  |
| Cellnex Telecom SA (a) | 458732 | 15775127 |
| Deutsche Telekom AG  | 1164381 | 23686713 |
| Elisa Corp. (A Shares)  | 339852 | 17678157 |
| HKT Trust/HKT Ltd. unit  | 11038000 | 13458875 |
|  |  | 70598872 |
| Entertainment - 0.2% |  |  |
| Capcom Co. Ltd.  | 490800 | 14955449 |
| Sea Ltd. ADR (b) | 156050 | 9108639 |
| Universal Music Group NV  | 839286 | 19958874 |
|  |  | 44022962 |
| Interactive Media & Services - 0.0% |  |  |
| Z Holdings Corp.  | 1688900 | 4647763 |
| Media - 0.2% |  |  |
| Publicis Groupe SA  | 164003 | 10794091 |
| Vivendi SA (c) | 1115100 | 10036395 |
| WPP PLC  | 988072 | 10384319 |
|  |  | 31214805 |
| Wireless Telecommunication Services - 0.1% |  |  |
| SoftBank Group Corp.  | 682600 | 29910523 |
| TOTAL COMMUNICATION SERVICES |  | 180394925 |
| CONSUMER DISCRETIONARY - 2.3%  |  |  |
| Auto Components - 0.2% |  |  |
| DENSO Corp.  | 628800 | 34697471 |
| Automobiles - 1.0% |  |  |
| Ferrari NV (Italy)  | 54541 | 12173655 |
| Isuzu Motors Ltd.  | 1810500 | 23723099 |
| Mercedes-Benz Group AG (Germany)  | 342207 | 23250651 |
| Suzuki Motor Corp.  | 774400 | 27935676 |
| Toyota Motor Corp.  | 7100900 | 104537389 |
|  |  | 191620470 |
| Hotels, Restaurants & Leisure - 0.2% |  |  |
| Compass Group PLC  | 1155699 | 26347555 |
| Flight Centre Travel Group Ltd. (b) | 642205 | 7114946 |
| Flutter Entertainment PLC (Ireland) (b) | 42967 | 6454661 |
| InterContinental Hotel Group PLC  | 103056 | 5998189 |
|  |  | 45915351 |
| Household Durables - 0.1% |  |  |
| Barratt Developments PLC  | 1495192 | 7230411 |
| Sony Group Corp.  | 274300 | 22723060 |
|  |  | 29953471 |
| Internet & Direct Marketing Retail - 0.1% |  |  |
| Prosus NV  | 147569 | 9656734 |
| ZOZO, Inc.  | 212200 | 5357337 |
|  |  | 15014071 |
| Multiline Retail - 0.1% |  |  |
| B&M European Value Retail SA  | 1302012 | 6450236 |
| Pan Pacific International Holdings Ltd.  | 336100 | 5868287 |
|  |  | 12318523 |
| Specialty Retail - 0.1% |  |  |
| Fast Retailing Co. Ltd.  | 14100 | 8384418 |
| Industria de Diseno Textil SA  | 331491 | 8653178 |
| WH Smith PLC  | 100882 | 1722432 |
|  |  | 18760028 |
| Textiles, Apparel & Luxury Goods - 0.5% |  |  |
| Compagnie Financiere Richemont SA Series A  | 195268 | 25886289 |
| Hermes International SCA  | 9464 | 15381637 |
| LVMH Moet Hennessy Louis Vuitton SE  | 87290 | 67739554 |
|  |  | 109007480 |
| TOTAL CONSUMER DISCRETIONARY |  | 457286865 |
| CONSUMER STAPLES - 1.8%  |  |  |
| Beverages - 0.5% |  |  |
| Anheuser-Busch InBev SA NV  | 307496 | 18134693 |
| Coca-Cola HBC AG  | 456365 | 11163099 |
| Diageo PLC  | 978762 | 45201185 |
| Heineken NV (Bearer)  | 81824 | 7578037 |
| Pernod Ricard SA  | 147480 | 29257942 |
|  |  | 111334956 |
| Food & Staples Retailing - 0.1% |  |  |
| Seven & i Holdings Co. Ltd.  | 367800 | 14965433 |
| Food Products - 0.6% |  |  |
| Nestle SA (Reg. S)  | 822548 | 97902627 |
| Tate & Lyle PLC  | 2065085 | 18343199 |
|  |  | 116245826 |
| Household Products - 0.2% |  |  |
| Reckitt Benckiser Group PLC  | 501409 | 35982868 |
| Personal Products - 0.2% |  |  |
| Shiseido Co. Ltd.  | 387400 | 16545844 |
| Unilever PLC  | 443271 | 22164057 |
|  |  | 38709901 |
| Tobacco - 0.2% |  |  |
| British American Tobacco PLC (United Kingdom)  | 548375 | 22484472 |
| Imperial Brands PLC  | 547601 | 14084881 |
|  |  | 36569353 |
| TOTAL CONSUMER STAPLES |  | 353808337 |
| ENERGY - 2.0%  |  |  |
| Energy Equipment & Services - 0.1% |  |  |
| John Wood Group PLC (b) | 6580533 | 10373995 |
| Tenaris SA  | 1061748 | 18431229 |
|  |  | 28805224 |
| Oil, Gas & Consumable Fuels - 1.9% |  |  |
| BP PLC  | 5850107 | 34935281 |
| Equinor ASA  | 1025893 | 39507964 |
| Harbour Energy PLC  | 1592734 | 6115621 |
| Idemitsu Kosan Co. Ltd.  | 293900 | 6901840 |
| INPEX Corp.  | 1917400 | 21129034 |
| Reliance Industries Ltd. sponsored GDR (a)(c) | 193300 | 12863632 |
| Santos Ltd.  | 3368890 | 16804508 |
| Shell PLC: |  |  |
|  ADR  | 1040500  | 60838035  |
| (London)  | 281821  | 8247715  |
|  rights (b)(d) | 281821  | 72495  |
| Thungela Resources Ltd. (c) | 84400 | 1575453 |
| TotalEnergies SE  | 1823674 | 113979800 |
| Woodside Energy Group Ltd.  | 2137516 | 53982004 |
|  |  | 376953382 |
| TOTAL ENERGY |  | 405758606 |
| FINANCIALS - 5.9%  |  |  |
| Banks - 2.9% |  |  |
| Banco Santander SA (Spain)  | 14547848 | 43408402 |
| Bank of Ireland Group PLC  | 2771923 | 22984908 |
| BNP Paribas SA  | 1020840 | 57363043 |
| CaixaBank SA  | 7660177 | 28479157 |
| Commonwealth Bank of Australia  | 400065 | 29483677 |
| DBS Group Holdings Ltd.  | 814300 | 21235928 |
| Erste Group Bank AG  | 214800 | 6725688 |
| FinecoBank SpA  | 846314 | 13745585 |
| HSBC Holdings PLC (United Kingdom)  | 2743614 | 16809418 |
| ING Groep NV (Certificaten Van Aandelen)  | 1573291 | 19079025 |
| KBC Group NV  | 611977 | 33899669 |
| Lloyds Banking Group PLC  | 45639729 | 26042658 |
| Mediobanca SpA  | 1282100 | 12390036 |
| Mitsubishi UFJ Financial Group, Inc.  | 4393100 | 23957966 |
| National Australia Bank Ltd.  | 839281 | 18064638 |
| NatWest Group PLC  | 3895269 | 12388166 |
| Nordea Bank ABP  | 2602252 | 27347094 |
| PT Bank Rakyat Indonesia (Persero) Tbk  | 23702600 | 7540103 |
| Societe Generale Series A  | 193777 | 4877181 |
| Standard Chartered PLC (United Kingdom)  | 4455909 | 33192235 |
| Sumitomo Mitsui Financial Group, Inc.  | 1465700 | 49746949 |
| Unicaja Banco SA (a) | 2989700 | 3090939 |
| United Overseas Bank Ltd.  | 2747003 | 63338966 |
|  |  | 575191431 |
| Capital Markets - 0.6% |  |  |
| Deutsche Borse AG  | 55193 | 10143063 |
| Hong Kong Exchanges and Clearing Ltd.  | 256800 | 10209730 |
| Macquarie Group Ltd.  | 428294 | 52672252 |
| Nordnet AB  | 567165 | 7849447 |
| UBS Group AG  | 1175408 | 21689438 |
| UBS Group AG (c) | 1619000 | 29854360 |
|  |  | 132418290 |
| Diversified Financial Services - 0.4% |  |  |
| Investor AB (B Shares)  | 2271612 | 42276665 |
| ORIX Corp.  | 1970100 | 31919888 |
|  |  | 74196553 |
| Insurance - 2.0% |  |  |
| AIA Group Ltd.  | 4964800 | 50415604 |
| Aviva PLC  | 3155466 | 17037197 |
| AXA SA  | 2084274 | 58919430 |
| Beazley PLC  | 1111000 | 8772498 |
| Hannover Reuck SE  | 104500 | 19837212 |
| Hiscox Ltd.  | 791564 | 9656246 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen  | 131761 | 41617549 |
| NN Group NV  | 608422 | 26001801 |
| Prudential PLC  | 1630694 | 19397092 |
| Sampo Oyj (A Shares)  | 416700 | 21103025 |
| Steadfast Group Ltd.  | 3495427 | 12678579 |
| Swiss Life Holding AG  | 21000 | 11226266 |
| Talanx AG  | 163224 | 7256545 |
| Tokio Marine Holdings, Inc.  | 1571300 | 32413996 |
| Zurich Insurance Group Ltd.  | 126538 | 60793542 |
|  |  | 397126582 |
| TOTAL FINANCIALS |  | 1178932856 |
| HEALTH CARE - 2.8%  |  |  |
| Biotechnology - 0.1% |  |  |
| Argenx SE (b) | 55821 | 22592681 |
| Health Care Equipment & Supplies - 0.6% |  |  |
| EssilorLuxottica SA  | 101851 | 19019274 |
| Hoya Corp.  | 442500 | 45789959 |
| Olympus Corp.  | 1338300 | 27647681 |
| Siemens Healthineers AG (a) | 224641 | 11973057 |
|  |  | 104429971 |
| Life Sciences Tools & Services - 0.1% |  |  |
| Eurofins Scientific SA  | 168848 | 11720717 |
| Sartorius Stedim Biotech  | 27402 | 9352391 |
|  |  | 21073108 |
| Pharmaceuticals - 2.0% |  |  |
| AstraZeneca PLC (United Kingdom)  | 742198 | 100449563 |
| Bayer AG  | 324300 | 18821368 |
| Daiichi Sankyo Kabushiki Kaisha  | 984100 | 32593945 |
| Euroapi SASU (b) | 17269 | 308274 |
| Merck KGaA  | 111874 | 20497004 |
| Novartis AG  | 90290 | 8031707 |
| Roche Holding AG (participation certificate)  | 304144 | 99340697 |
| Sanofi SA  | 979771 | 88502039 |
| UCB SA  | 411891 | 33246417 |
|  |  | 401791014 |
| TOTAL HEALTH CARE |  | 549886774 |
| INDUSTRIALS - 3.8%  |  |  |
| Aerospace & Defense - 0.6% |  |  |
| Airbus Group NV  | 263251 | 30220040 |
| BAE Systems PLC  | 5035821 | 49873424 |
| Dassault Aviation SA  | 84294 | 13399155 |
| Rheinmetall AG  | 180316 | 36852101 |
|  |  | 130344720 |
| Air Freight & Logistics - 0.5% |  |  |
| Deutsche Post AG  | 1506984 | 60201379 |
| DSV A/S  | 193163 | 30904787 |
|  |  | 91106166 |
| Airlines - 0.0% |  |  |
| Ryanair Holdings PLC sponsored ADR (b) | 131000 | 9915390 |
| Building Products - 0.1% |  |  |
| ASSA ABLOY AB (B Shares)  | 395688 | 9072885 |
| Kingspan Group PLC (Ireland)  | 153194 | 8696197 |
| Nibe Industrier AB (B Shares)  | 810942 | 7656079 |
|  |  | 25425161 |
| Commercial Services & Supplies - 0.1% |  |  |
| Rentokil Initial PLC  | 2597011 | 17108470 |
| Construction & Engineering - 0.2% |  |  |
| Ferrovial SA  | 525066 | 14120234 |
| VINCI SA  | 308138 | 31111401 |
|  |  | 45231635 |
| Industrial Conglomerates - 0.8% |  |  |
| Hitachi Ltd.  | 1640100 | 87711670 |
| Siemens AG  | 501049 | 69487901 |
|  |  | 157199571 |
| Machinery - 0.5% |  |  |
| Indutrade AB  | 455961 | 9821435 |
| Kawasaki Heavy Industries Ltd.  | 579100 | 12409736 |
| Minebea Mitsumi, Inc.  | 1576300 | 26172036 |
| Misumi Group, Inc.  | 474400 | 11792368 |
| Sandvik AB  | 984809 | 18092624 |
| SMC Corp.  | 17600 | 8031071 |
| Techtronic Industries Co. Ltd.  | 721000 | 8789106 |
|  |  | 95108376 |
| Marine - 0.1% |  |  |
| A.P. Moller - Maersk A/S Series B  | 6061 | 13139990 |
| Professional Services - 0.4% |  |  |
| Experian PLC  | 224554 | 7945001 |
| Persol Holdings Co. Ltd.  | 657900 | 15293020 |
| Recruit Holdings Co. Ltd.  | 540200 | 17478314 |
| RELX PLC (London Stock Exchange)  | 498797 | 13986738 |
| Teleperformance  | 67590 | 15429562 |
| Wolters Kluwer NV  | 63324 | 6978966 |
|  |  | 77111601 |
| Trading Companies & Distributors - 0.5% |  |  |
| Brenntag SE  | 156173 | 9929626 |
| Bunzl PLC  | 587960 | 21744525 |
| Ferguson PLC  | 41300 | 4682221 |
| IMCD NV  | 84866 | 12552044 |
| Itochu Corp.  | 1258700 | 39532095 |
| RS GROUP PLC  | 413213 | 4595564 |
|  |  | 93036075 |
| TOTAL INDUSTRIALS |  | 754727155 |
| INFORMATION TECHNOLOGY - 1.8%  |  |  |
| Electronic Equipment & Components - 0.2% |  |  |
| Azbil Corp.  | 210900 | 6490241 |
| Ibiden Co. Ltd.  | 143800 | 5901100 |
| Keyence Corp.  | 44600 | 18871686 |
| Murata Manufacturing Co. Ltd.  | 154200 | 8458377 |
|  |  | 39721404 |
| IT Services - 0.8% |  |  |
| Adyen BV (a)(b) | 11512 | 18135070 |
| ALTEN  | 39600 | 5004847 |
| Amadeus IT Holding SA Class A (b) | 277666 | 15012710 |
| Capgemini SA  | 139488 | 25219078 |
| Edenred SA  | 181303 | 9960604 |
| Fujitsu Ltd.  | 211000 | 28631496 |
| Net One Systems Co. Ltd.  | 279100 | 7011491 |
| TIS, Inc.  | 602300 | 17229364 |
| Wix.com Ltd. (b) | 166950 | 15107306 |
| Worldline SA (a)(b) | 242383 | 11481978 |
|  |  | 152793944 |
| Semiconductors & Semiconductor Equipment - 0.6% |  |  |
| ASML Holding NV (Netherlands)  | 78988 | 48223766 |
| Infineon Technologies AG  | 220219 | 7397255 |
| Renesas Electronics Corp. (b) | 3717500 | 36460151 |
| Sumco Corp.  | 1348500 | 20175618 |
|  |  | 112256790 |
| Software - 0.0% |  |  |
| NICE Ltd. (b) | 54431 | 10322075 |
| Technology Hardware, Storage & Peripherals - 0.2% |  |  |
| FUJIFILM Holdings Corp.  | 786400 | 42302176 |
| Samsung Electronics Co. Ltd.  | 153650 | 7464907 |
|  |  | 49767083 |
| TOTAL INFORMATION TECHNOLOGY |  | 364861296 |
| MATERIALS - 2.3%  |  |  |
| Chemicals - 0.7% |  |  |
| Air Liquide SA  | 214326 | 31203960 |
| HEXPOL AB (B Shares)  | 770207 | 8412941 |
| Linde PLC  | 62400 | 21016664 |
| Nutrien Ltd.  | 136100 | 10938387 |
| Shin-Etsu Chemical Co. Ltd.  | 435100 | 56304222 |
| Sika AG  | 62094 | 15868787 |
|  |  | 143744961 |
| Construction Materials - 0.2% |  |  |
| CRH PLC  | 1096098 | 44064795 |
| Metals & Mining - 1.3% |  |  |
| Alleima AB (b) | 67120 | 263008 |
| Anglo American PLC (United Kingdom)  | 867985 | 36086578 |
| ArcelorMittal SA (Netherlands)  | 338891 | 9292091 |
| BHP Group Ltd.  | 1956615 | 60763397 |
| Dowa Holdings Co. Ltd.  | 192300 | 6387514 |
| Fortescue Metals Group Ltd.  | 590295 | 7856637 |
| Glencore PLC  | 12292795 | 83887452 |
| Lynas Rare Earths Ltd. (b) | 4583127 | 27187236 |
| Newcrest Mining Ltd.  | 1377324 | 18755326 |
| South32 Ltd.  | 3024637 | 8401029 |
|  |  | 258880268 |
| Paper & Forest Products - 0.1% |  |  |
| UPM-Kymmene Corp.  | 392812 | 14420674 |
| TOTAL MATERIALS |  | 461110698 |
| REAL ESTATE - 0.6%  |  |  |
| Equity Real Estate Investment Trusts (REITs) - 0.2% |  |  |
| Link (REIT)  | 2167200 | 14639002 |
| National Storage REIT unit  | 9895142 | 16289291 |
| Warehouses de Pauw  | 359581 | 9608072 |
|  |  | 40536365 |
| Real Estate Management & Development - 0.4% |  |  |
| Kerry Properties Ltd.  | 4045500 | 7733770 |
| Mitsubishi Estate Co. Ltd.  | 2113700 | 29846634 |
| Mitsui Fudosan Co. Ltd.  | 349900 | 7093553 |
| Sino Land Ltd.  | 8202000 | 10258258 |
| Vonovia SE  | 645128 | 16024284 |
|  |  | 70956499 |
| TOTAL REAL ESTATE |  | 111492864 |
| UTILITIES - 0.8%  |  |  |
| Electric Utilities - 0.4% |  |  |
| Enel SpA  | 2997900 | 16173028 |
| Iberdrola SA  | 2311745 | 26116765 |
| Kansai Electric Power Co., Inc.  | 1482700 | 12585148 |
| ORSTED A/S (a) | 357218 | 31278151 |
|  |  | 86153092 |
| Independent Power and Renewable Electricity Producers - 0.3% |  |  |
| RWE AG  | 1061667 | 46735634 |
| Multi-Utilities - 0.1% |  |  |
| Veolia Environnement SA  | 573180 | 14834969 |
| TOTAL UTILITIES |  | 147723695 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $4,944,436,385) |  | <br> **4965984071** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Nonconvertible Preferred Stocks - 0.1%** | &nbsp;&nbsp;**Nonconvertible Preferred Stocks - 0.1%** | &nbsp;&nbsp;**Nonconvertible Preferred Stocks - 0.1%** |
|  | Shares | Value ($)<br>|
| CONSUMER DISCRETIONARY - 0.1%  |  |  |
| Automobiles - 0.1% |  |  |
| Porsche Automobil Holding SE (Germany)  | 231600 | 14236151 |
| Volkswagen AG  | 98077 | 14487026 |
| <br> **TOTAL NONCONVERTIBLE PREFERRED STOCKS**<br> (Cost $37,652,741) |  | <br> **28723177** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Equity Funds - 72.9%** | &nbsp;&nbsp;**Equity Funds - 72.9%** | &nbsp;&nbsp;**Equity Funds - 72.9%** |
|  | Shares | Value ($)<br>|
| Foreign Large Blend Funds - 6.7%  |  |  |
| Fidelity Pacific Basin Fund (e) | 4884671 | 149666314 |
| Fidelity SAI International Index Fund (e) | 694825 | 8594989 |
| Fidelity SAI International Low Volatility Index Fund (e) | 116704225 | 1169376332 |
| TOTAL FOREIGN LARGE BLEND FUNDS |  | 1327637635 |
| Foreign Large Growth Funds - 40.8%  |  |  |
| Fidelity Advisor International Discovery Fund Class Z (e) | 51384784 | 2108831546 |
| Fidelity Diversified International Fund (e) | 46967098 | 1794143134 |
| Fidelity International Capital Appreciation Fund (e) | 71635452 | 1580994417 |
| Fidelity Overseas Fund (e) | 42754791 | 2245481634 |
| Fidelity SAI International Momentum Index Fund (e) | 23742700 | 276365032 |
| Fidelity SAI International Quality Index Fund (e) | 8945682 | 101444029 |
| TOTAL FOREIGN LARGE GROWTH FUNDS |  | 8107259792 |
| Foreign Large Value Funds - 19.2%  |  |  |
| Fidelity SAI International Value Index Fund (e) | 435389300 | 3814010268 |
| Foreign Small Mid Blend Funds - 2.5%  |  |  |
| Fidelity SAI International Small Cap Index Fund (e) | 63801004 | 499561864 |
| Foreign Small Mid Growth Funds - 0.6%  |  |  |
| Fidelity Advisor International Small Cap Opportunities Fund - Class Z (e) | 5472738 | 106827852 |
| Sector Funds - 0.4%  |  |  |
| Fidelity Advisor International Real Estate Fund Class Z (e) | 8650397 | 86936494 |
| Other - 2.7%  |  |  |
| Fidelity Advisor Japan Fund Class Z (e) | 25843030 | 387128594 |
| Fidelity Japan Smaller Companies Fund (e) | 2972180 | 41164688 |
| Fidelity SAI Japan Stock Index Fund (e) | 13110014 | 111435123 |
| TOTAL OTHER |  | 539728405 |
| <br> **TOTAL EQUITY FUNDS**<br> (Cost $14,831,968,062) |  | <br> **14481962310** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Other - 0.1%** | &nbsp;&nbsp;**Other - 0.1%** | &nbsp;&nbsp;**Other - 0.1%** |
|  | Shares | Value ($)<br>|
| Commodity Funds - Broad Basket - 0.1%  |  |  |
| Fidelity SAI Inflation-Focused Fund (e)<br> (Cost $11,311,621) | 1294903 | **13363396** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 0.1%** |
|  | Principal<br> Amount (f)<br>| Value ($)<br>|
| U.S. Treasury Bills, yield at date of purchase 2.88% to 3.18% 12/1/22 to 12/15/22 (g) <br>(Cost $17,701,515) <br>| 17710000 | **17700216** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 1.7%** | &nbsp;&nbsp;**Money Market Funds - 1.7%** | &nbsp;&nbsp;**Money Market Funds - 1.7%** |
|  | Shares | Value ($)<br>|
| Fidelity Cash Central Fund 3.86% (h) | 92833828 | 92852395 |
| Fidelity Securities Lending Cash Central Fund 3.86% (h)(i) | 19209637 | 19211558 |
| State Street Institutional U.S. Government Money Market Fund Premier Class 3.66% (j) | 220832678 | 220832678 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $332,896,631) |  | **332896631** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 99.9%**<br> (Cost $20,175,966,955)<br>| <br>**19840629801** |
| **NET OTHER ASSETS (LIABILITIES) - 0.1%**  | **12426935** |
| **NET ASSETS - 100.0%** | **19853056736** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &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 Index Contracts |  |  |  |  |  |
| CME Nikkei 225 Index Contracts (United States) | 250 | Dec 2022 | 35468750 | 1280235 | 1280235 |
| ICE E-mini MSCI EAFE Index Contracts (United States) | 1959 | Dec 2022 | 193921410 | 8196241 | 8196241 |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **9476476** |
| The notional amount of futures purchased as a percentage of Net Assets is 1.2% | The notional amount of futures purchased as a percentage of Net Assets is 1.2% | The notional amount of futures purchased as a percentage of Net Assets is 1.2% | The notional amount of futures purchased as a percentage of Net Assets is 1.2% | The notional amount of futures purchased as a percentage of Net Assets is 1.2% | The notional amount of futures purchased as a percentage of Net Assets is 1.2% |

---

**Legend**

(a) 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 $104,597,954 or 0.5% of net assets.

(b) Non-income producing

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

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

(e) Affiliated Fund

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

(g) 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 $11,817,789.

(h) 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.

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

(j) 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 ($) | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund 3.86% | 69827988 | 523704554 | 500680147 | 1125987 | - | - | 92852395 | 0.2% |
| Fidelity Securities Lending Cash Central Fund 3.86% | 26204871 | 630991594 | 637984907 | 1049052 | - | - | 19211558 | 0.1% |
| Total | 96032859 | 1154696148 | 1138665054 | 2175039 | - | - | 112063953 |  |

---

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

Amount 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 payments 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 Funds 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 ($) |
| Fidelity Advisor International Discovery Fund Class Z | 2384485835 | - | 11999999 | - | (4667342) | (258986948) | 2108831546 |
| Fidelity Advisor International Real Estate Fund Class Z | 109352502 | 3860487 | 1000000 | 3860487 | (503568) | (24772927) | 86936494 |
| Fidelity Advisor International Small Cap Opportunities Fund - Class Z | 100692930 | 17815027 | - | - | - | (11680105) | 106827852 |
| Fidelity Advisor Japan Fund Class Z | 426151570 | - | - | - | - | (39022976) | 387128594 |
| Fidelity Diversified International Fund | 2014096859 | - | 14000000 | - | (4848894) | (201104831) | 1794143134 |
| Fidelity International Capital Appreciation Fund | 1739292927 | - | 7000000 | - | (3075596) | (148222914) | 1580994417 |
| Fidelity Japan Smaller Companies Fund | 44077424 | - | - | - | - | (2912736) | 41164688 |
| Fidelity Overseas Fund | 2516726904 | - | 12000000 | - | (5047729) | (254197541) | 2245481634 |
| Fidelity Pacific Basin Fund | 171989260 | - | - | - | - | (22322946) | 149666314 |
| Fidelity SAI Inflation-Focused Fund | 13476115 | 1288917 | - | 1288918 | - | (1401636) | 13363396 |
| Fidelity SAI International Index Fund | 1344983583 | - | 1183197059 | - | (160486923) | 7295388 | 8594989 |
| Fidelity SAI International Low Volatility Index Fund | 1286213686 | - | 8000000 | - | (1668551) | (107168803) | 1169376332 |
| Fidelity SAI International Momentum Index Fund | 304885776 | - | 2000001 | - | (686792) | (25833951) | 276365032 |
| Fidelity SAI International Quality Index Fund | 110258936 | - | 2000001 | - | (570866) | (6244040) | 101444029 |
| Fidelity SAI International Small Cap Index Fund | 572933019 | - | - | - | - | (73371155) | 499561864 |
| Fidelity SAI International Value Index Fund | 4068504316 | - | 27999999 | - | (6475537) | (220018512) | 3814010268 |
| Fidelity SAI Japan Stock Index Fund | 168885685 | - | 38000000 | - | (11958523) | (7492039) | 111435123 |
|  | 17377007327 | 22964431 | 1307197059 | 5149405 | (199990321) | (1397458672) | 14495325706 |

---

Amounts in the 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.

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:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $19873731247.30

**Total Liabilities:** $28916902.56

**Net Assets:** $19844814344.74

**Delayed Delivery Securities:** $74841.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089635 | -9.38%               | 5.69%                | 12.70%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-67199334.87            | $-1719324722.73                            |
| Month 2  | $-52759180.05            | $1017377371.47                             |
| Month 3  | $-41891667.43            | $2262333841.88                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MINEBEA MITSUMI INC                                       | MINEBEA MITSUMI INC                                  | CUSIP: N/A<br>LEI: 353800CCB0CZ75YZ4010       | Long             | EC               | CORP              | JP        |   1576300 | NS      | $26172035.76   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                              | UBS GROUP AG                                         | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |   1619000 | NS      | $29854360.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity Oxford Street Trust                              | FIDELITY SAI INFLATION-FOCUSED FUND                  | CUSIP: 31634R406<br>LEI: Z2ZIGDKL3355UQRAKY22 | Long             | EC               | RF                | US        |   1294903 | NS      | $13363396.39   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TATE and LYLE PLC                                         | TATE and LYLE PLC                                    | CUSIP: N/A<br>LEI: 2138008K14474WPKZ244       | Long             | EC               | CORP              | GB        |   2065085 | NS      | $18343199.42   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HANNOVER RUECK SA                                         | HANNOVER RUECKVERSICHERUNGS SE(REGD)                 | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |    104500 | NS      | $19837212.20   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/15/2022                              | CUSIP: 912796X79<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1910000 | PA      | $1907671.39    | 0.01%             | 2022-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PAN PACIFIC INTERNATIONAL HOLDINGS LTD                    | PAN PACIFIC INTERNATIONAL HOLDINGS LTD               | CUSIP: N/A<br>LEI: 529900QLHJM2E18A5763       | Long             | EC               | CORP              | JP        |    336100 | NS      | $5868287.06    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                        | HARBOUR ENERGY PLC                                   | CUSIP: N/A<br>LEI: 213800YPC42DYBKVPF97       | Long             | EC               | CORP              | GB        |   1592734 | NS      | $6115620.96    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TENARIS SA                                                | TENARIS SA (ITALY)                                   | CUSIP: N/A<br>LEI: 549300Y7C05BKC4HZB40       | Long             | EC               | CORP              | LU        |   1061748 | NS      | $18431228.86   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| IBERDROLA SA                                              | IBERDROLA SA                                         | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |   2311745 | NS      | $26116764.53   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| PORSCHE AUTOMOBIL HLDG SE                                 | PORSCHE AUTO HLDG NON-VTG PFD                        | CUSIP: N/A<br>LEI: 52990053Z17ZYM1KFV27       | Long             | EP               | CORP              | DE        |    231600 | NS      | $14236150.89   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| RWE AG                                                    | RWE AG                                               | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |   1061667 | NS      | $46735634.32   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| TOTALENERGIES SE                                          | TOTALENERGIES SE                                     | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |   1823674 | NS      | $113979799.68  | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                               | EQUINOR ASA                                          | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |   1025893 | NS      | $39507963.61   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| FAST RETAILING CO LTD                                     | FAST RETAILING CO LTD                                | CUSIP: N/A<br>LEI: 353800ZCXKHDPY0N5218       | Long             | EC               | CORP              | JP        |     14100 | NS      | $8384418.17    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                                | SAMSUNG ELECTRONICS CO LTD                           | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    153650 | NS      | $7464907.01    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PLC                                 | BANK OF IRELAND GROUP PLC                            | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |   2771923 | NS      | $22984908.36   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Concord Street Trust                             | FIDELITY SAI JAPAN STOCK INDEX FUND                  | CUSIP: 315911487<br>LEI: EEX0N4ID1C226M44VF22 | Long             | EC               | RF                | US        |  13110014 | NS      | $111435123.01  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC HOLDINGS PLC                                    | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |   2743614 | NS      | $16809417.59   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC SPONS ADR                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1040500 | NS      | $60838035.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                                                 | LINDE PLC                                            | CUSIP: N/A<br>LEI: 8945002PAZHZLBGKGF02       | Long             | EC               | CORP              | IE        |     62400 | NS      | $21016664.25   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | FIDELITY INTERNATIONAL DISCOVERY FUND                | CUSIP: 31618H473<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |  51384784 | NS      | $2108831545.70 | 10.63%            |  |  |  | No            |                  1 | On Loan: No      |
| EUROFINS SCIENTIFIC SE                                    | EUROFINS SCIENTIFIC SE                               | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | EC               | CORP              | LU        |    168848 | NS      | $11720717.09   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                                    | WAREHOUSES DE PAUW SCA                               | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    359581 | NS      | $9608072.44    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HEXPOL AB                                                 | HEXPOL AB B                                          | CUSIP: N/A<br>LEI: 549300MN30TBRLYN3465       | Long             | EC               | CORP              | SE        |    770207 | NS      | $8412941.16    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ORSTED A/S                                                | ORSTED A/S                                           | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |    357218 | NS      | $31278151.46   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                    | AXA SA                                               | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |   2084274 | NS      | $58919430.10   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Select Portfolios                                | FIDELITY INTERNATIONAL REAL ESTATE FUNDZ             | CUSIP: 316390152<br>LEI: Z57125JG1LHEQKDYS630 | Long             | EC               | RF                | US        |   8650397 | NS      | $86936494.40   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOZO INC                                                  | ZOZO INC                                             | CUSIP: N/A<br>LEI: 549300GC7XPQMZA0OW13       | Long             | EC               | CORP              | JP        |    212200 | NS      | $5357337.02    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                              | BRITISH AMERICAN TOBACCO PLC                         | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    548375 | NS      | $22484472.27   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ESSILORLUXOTTICA                                          | ESSILORLUXOTTICA                                     | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |    101851 | NS      | $19019274.07   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ELISA CORP                                                | ELISA CORP CL A                                      | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |    339852 | NS      | $17678157.28   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NET ONE SYSTEMS CO LTD                                    | NET ONE SYSTEMS CO LTD                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    279100 | NS      | $7011490.82    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC EEE RT                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    281821 | NS      | $72494.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI ESTATE CO LTD                                  | MITSUBISHI ESTATE CO LTD                             | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |   2113700 | NS      | $29846634.09   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| RS GROUP PLC                                              | RS GROUP PLC                                         | CUSIP: N/A<br>LEI: 549300KVXDURRKVW7R37       | Long             | EC               | CORP              | GB        |    413213 | NS      | $4595564.30    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BUNZL PLC                                                 | BUNZL PLC                                            | CUSIP: N/A<br>LEI: 213800Q1Q9DV4L78UM09       | Long             | EC               | CORP              | GB        |    587960 | NS      | $21744524.68   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGSPAN GROUP PLC                                        | KINGSPAN GROUP PLC                                   | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |    153194 | NS      | $8696196.99    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                        | BANCO SANTANDER SA                                   | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |  14547848 | NS      | $43408402.06   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | Fidelity SAI International Index Fund                | CUSIP: 31635V828<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |    694825 | NS      | $8594989.26    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGENX SE                                                 | ARGENX SE                                            | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |     55821 | NS      | $22592680.75   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                       | MACQUARIE GROUP LTD                                  | CUSIP: N/A<br>LEI: ACMHD8HWFMFUIQQ8Y590       | Long             | EC               | CORP              | AU        |    428294 | NS      | $52672252.35   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| RECRUIT HOLDINGS CO LTD                                   | RECRUIT HOLDINGS CO LTD                              | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |    540200 | NS      | $17478313.55   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| SMC CORP                                                  | SMC CORP                                             | CUSIP: N/A<br>LEI: 353800O40V08DOZ70X62       | Long             | EC               | CORP              | JP        |     17600 | NS      | $8031071.29    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |   1020840 | NS      | $57363042.86   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                         | TOYOTA MOTOR CORP                                    | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |   7100900 | NS      | $104537388.54  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ZURICH INSURANCE GROUP AG                                 | ZURICH INSURANCE GROUP AG                            | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |    126538 | NS      | $60793541.91   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| PERSOL HOLDINGS CO LTD                                    | PERSOL HOLDINGS CO LTD                               | CUSIP: N/A<br>LEI: 3538000H6OI725NB2008       | Long             | EC               | CORP              | JP        |    657900 | NS      | $15293020.21   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| WIX.COM LTD                                               | WIX.COM LTD                                          | CUSIP: N/A<br>LEI: 5493008P6N29Q1AG9464       | Long             | EC               | CORP              | IL        |    166950 | NS      | $15107305.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIA DE DISENO TEXTIL INDITEX SA                     | INDITEX SA                                           | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |    331491 | NS      | $8653178.40    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN | MUNICH REINSURANCE (REG)                             | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |    131761 | NS      | $41617548.53   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCK KGAA                                                | MERCK KGAA                                           | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |    111874 | NS      | $20497003.81   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| DOWA HOLDINGS CO LTD                                      | DOWA HOLDINGS CO LTD                                 | CUSIP: N/A<br>LEI: 353800ZSQZKFE140A689       | Long             | EC               | CORP              | JP        |    192300 | NS      | $6387514.25    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SIKA AG                                                   | SIKA AG                                              | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |     62094 | NS      | $15868786.91   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMCO CORP                                                | SUMCO CORPORATION                                    | CUSIP: N/A<br>LEI: 353800SUSRUOM0V6KU92       | Long             | EC               | CORP              | JP        |   1348500 | NS      | $20175617.56   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity International Capital Appreciation Fund     | CUSIP: 315910810<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |  71635452 | NS      | $1580994417.03 | 7.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SHISEIDO CO LTD                                           | SHISEIDO CO LTD                                      | CUSIP: N/A<br>LEI: 5299008QCD0YDT5OF506       | Long             | EC               | CORP              | JP        |    387400 | NS      | $16545843.56   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BARRATT DEVELOPMENTS PLC                                  | BARRATT DEVELOPMENTS PLC                             | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |   1495192 | NS      | $7230410.70    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                                  | RELX PLC                                             | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |    498797 | NS      | $13986738.28   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| EDENRED                                                   | EDENRED                                              | CUSIP: N/A<br>LEI: 9695006LOD5B2D7Y0N70       | Long             | EC               | CORP              | FR        |    181303 | NS      | $9960603.87    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN PLC                                        | ANGLO AMERICAN PLC                                   | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |    867985 | NS      | $36086578.11   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| DENSO CORP                                                | DENSO CORP                                           | CUSIP: N/A<br>LEI: 549300RYPA10CQM3QK38       | Long             | EC               | CORP              | JP        |    628800 | NS      | $34697471.12   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVARTIS AG                                               | NOVARTIS AG (REG)                                    | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     90290 | NS      | $8031706.75    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| HOYA CORP                                                 | HOYA CORP                                            | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |    442500 | NS      | $45789959.22   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| VIVENDI SE                                                | VIVENDI                                              | CUSIP: N/A<br>LEI: 969500FU4DRAEVJW7U54       | Long             | EC               | CORP              | FR        |   1115100 | NS      | $10036394.54   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Fidelity Investment Trust                                 | FIDELITY JAPAN FUND/UNITED STATESZ                   | CUSIP: 31618H259<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |  25843030 | NS      | $387128593.86  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CAIXABANK SA                                              | CAIXABANK SA                                         | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |   7660177 | NS      | $28479156.93   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| MURATA MANUFACTURING CO LTD                               | MURATA MFG CO LTD                                    | CUSIP: N/A<br>LEI: 529900QZG6DL8ZRI7140       | Long             | EC               | CORP              | JP        |    154200 | NS      | $8458376.82    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| STEADFAST GROUP LTD                                       | STEADFAST GROUP LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   3495427 | NS      | $12678578.62   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCHE HOLDING AG                                          | ROCHE HOLDINGS AG (GENUSSCHEINE)                     | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |    304144 | NS      | $99340697.38   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM KYMMENE CORP                                          | UPM KYMMENE CORP                                     | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |    392812 | NS      | $14420673.56   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| FERGUSON PLC                                              | FERGUSON PLC                                         | CUSIP: N/A<br>LEI: 213800DU1LGY3R2S2X42       | Long             | EC               | CORP              | JE        |     41300 | NS      | $4682220.89    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ING GROEP NV                                              | ING GROEP NV                                         | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |   1573291 | NS      | $19079025.43   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC GROUPE SA/NV                                          | KBC GROUPE SA                                        | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |    611977 | NS      | $33899668.80   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| FINECOBANK SPA                                            | FINECOBANK SPA                                       | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    846314 | NS      | $13745585.19   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| INFINEON TECHNOLOGIES AG                                  | INFINEON TECHNOLOGIES AG                             | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |    220219 | NS      | $7397255.45    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NICE LTD                                                  | NICE LTD                                             | CUSIP: N/A<br>LEI: 254900YTY4EF5Z4W0A51       | Long             | EC               | CORP              | IL        |     54431 | NS      | $10322075.44   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HERMES INTL SCA                                           | HERMES INTERNATIONAL SA                              | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |      9464 | NS      | $15381637.14   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| WH SMITH PLC                                              | SMITH (WH) PLC                                       | CUSIP: N/A<br>LEI: 2138001KJNGUJ34G7X91       | Long             | EC               | CORP              | GB        |    196782 | NS      | $3359801.81    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GLENCORE PLC                                              | GLENCORE PLC                                         | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |  12292795 | NS      | $83887452.22   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| DASSAULT AVIATION SA                                      | DASSAULT AVIATION SA                                 | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |     84294 | NS      | $13399155.47   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJITSU LTD                                               | FUJITSU LTD                                          | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    211000 | NS      | $28631496.46   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| FERRARI NV                                                | FERRARI NV                                           | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |     54541 | NS      | $12173654.80   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BP PLC                                                    | BP PLC                                               | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |   5850107 | NS      | $34935281.37   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| FLIGHT CENTRE TRAVEL GROUP LTD                            | FLIGHT CENTRE TRVL GRP LTD                           | CUSIP: N/A<br>LEI: 254900BGNUI78EKEJY68       | Long             | EC               | CORP              | AU        |    642205 | NS      | $7114945.67    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTOS LTD                                                | SANTOS LTD                                           | CUSIP: N/A<br>LEI: 5299000RK70B5O2M7077       | Long             | EC               | CORP              | AU        |   3368890 | NS      | $16804507.63   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| FERROVIAL SA                                              | FERROVIAL SA                                         | CUSIP: N/A<br>LEI: 95980020140005757903       | Long             | EC               | CORP              | ES        |    525066 | NS      | $14120234.14   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ANHEUSER BUSCH INBEV SA NV                                | ANHEUSER-BUSCH INBEV SA/NV                           | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |    307496 | NS      | $18134692.64   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPGEMINI SA                                              | CAPGEMINI SA (FF40)                                  | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |    139488 | NS      | $25219078.20   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                           | BAE SYSTEMS PLC                                      | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |   4973628 | NS      | $49257481.33   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| RYANAIR HOLDINGS PLC                                      | RYANAIR HOLDINGS PLC SPON ADR                        | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    131000 | NS      | $9915390.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU CORPORATION                                        | ITOCHU CORP                                          | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |   1258700 | NS      | $39532094.51   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ISUZU MOTORS LTD                                          | ISUZU MOTORS LTD                                     | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |   1810500 | NS      | $23723098.68   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLICIS GROUPE SA                                        | PUBLICIS GROUPE SA                                   | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |    164003 | NS      | $10794091.03   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAZLEY PLC/UK                                            | BEAZLEY PLC/UK                                       | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |   1111000 | NS      | $8772498.28    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/08/2022                              | CUSIP: 912796X61<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10650000 | PA      | $10642545.00   | 0.05%             | 2022-12-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SIEMENS HEALTHINEERS AG                                   | SIEMENS HEALTHINEERS AG                              | CUSIP: N/A<br>LEI: 529900QBVWXMWANH7H45       | Long             | EC               | CORP              | DE        |    224641 | NS      | $11973056.62   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK RAKYAT INDONESIA TBK PT                              | BANK RAKYAT INDONESIA TBK PT                         | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |  23702600 | NS      | $7540102.75    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NORDNET AB                                                | NORDNET AB                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |    567165 | NS      | $7849446.79    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER GROUP PLC                               | RECKITT BENCKISER GROUP PLC                          | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |    501409 | NS      | $35982868.25   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSA ABLOY AB                                             | ASSA ABLOY AB SER B                                  | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |    395688 | NS      | $9072885.06    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| AIR LIQUIDE SA                                            | AIR LIQUIDE SA                                       | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |    214326 | NS      | $31203960.27   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                       | SUMITOMO MITSUI FINL GROUP INC                       | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |   1465700 | NS      | $49746949.21   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| MISUMI GROUP INC                                          | MISUMI GROUP INC                                     | CUSIP: N/A<br>LEI: 353800SJWGE5BEK2V032       | Long             | EC               | CORP              | JP        |    474400 | NS      | $11792367.96   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUSTRALIA                               | COMMONWEALTH BK OF AUSTRALIA                         | CUSIP: N/A<br>LEI: MSFSBD3QN1GSN7Q6C537       | Long             | EC               | CORP              | AU        |    400065 | NS      | $29483677.01   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| KANSAI ELECTRIC POWER CO INC                              | KANSAI ELECTRIC POWER CO INC                         | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |   1482700 | NS      | $12585148.17   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA LUXEMBOURG                               | ARCELORMITTAL SA                                     | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |    338891 | NS      | $9292090.85    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HKT TRUST AND HKT LTD                                     | HKT TRUST AND HKT LTD(STAPLED)                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |  11038000 | NS      | $13458874.70   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                    | DBS GROUP HOLDINGS LTD                               | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |    814300 | NS      | $21235928.04   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Diversified International Fund              | CUSIP: 315910802<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |  46967098 | NS      | $1794143133.74 | 9.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AZBIL CORP                                                | AZBIL CORPORATION                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    210900 | NS      | $6490240.61    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | Fidelity Sai International Value Index Fund          | CUSIP: 31635V182<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        | 435389300 | NS      | $3814010271.42 | 19.22%            |  |  |  | No            |                  1 | On Loan: No      |
| RHEINMETALL                                               | RHEINMETALL AG ORD                                   | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |    180316 | NS      | $36852100.65   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| WOOD (JOHN) GROUP PLC                                     | JOHN WOOD GROUP PLC                                  | CUSIP: N/A<br>LEI: 549300PLYY6I10B6S323       | Long             | EC               | CORP              | GB        |   6580533 | NS      | $10373994.72   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HISCOX LTD                                                | HISCOX LTD (NE HISCOX BERMUDA)                       | CUSIP: N/A<br>LEI: 5493007JXOLJ0QCY2D70       | Long             | EC               | CORP              | BM        |    791564 | NS      | $9656246.01    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | FIDELITY INTERNATIONAL SMALL CAP OPPORTUNITIES FUNDZ | CUSIP: 31618H275<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   5472738 | NS      | $106827852.28  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| THUNGELA RESOURCES LTD                                    | THUNGELA RESOURCES LTD                               | CUSIP: N/A<br>LEI: 213800EGYK3BN3SRIF27       | Long             | EC               | CORP              | ZA        |     84400 | NS      | $1575452.78    | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| NEWCREST MNG LTD                                          | NEWCREST MINING LTD                                  | CUSIP: N/A<br>LEI: 5299006MN50OZJUJI655       | Long             | EC               | CORP              | AU        |   1377324 | NS      | $18755326.26   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| VOLKSWAGEN AG                                             | VOLKSWAG PFD PERP                                    | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EP               | CORP              | DE        |     98077 | NS      | $14487025.75   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                       | LVMH MOET HENNESSY LOUIS VUITTON SE                  | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |     87290 | NS      | $67739554.15   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| AVIVA  PLC                                                | AVIVA PLC                                            | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |   3155466 | NS      | $17037197.37   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC                                            | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    281821 | NS      | $8247714.91    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUI FUDOSAN CO LTD                                     | MITSUI FUDOSAN CO                                    | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |    349900 | NS      | $7093552.98    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| TELEPERFORMANCE                                           | TELEPERFORMANCE                                      | CUSIP: N/A<br>LEI: 9695004GI61FHFFNRG61       | Long             | EC               | CORP              | FR        |     67590 | NS      | $15429561.98   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SINO LAND LTD                                             | SINO LAND CO                                         | CUSIP: N/A<br>LEI: 529900G5P51053HJVZ92       | Long             | EC               | CORP              | HK        |   8202000 | NS      | $10258257.82   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| IDEMITSU KOSAN CO LTD                                     | IDEMITSU KOSAN CO LTD                                | CUSIP: N/A<br>LEI: 549300P0R46FF6DUA630       | Long             | EC               | CORP              | JP        |    293900 | NS      | $6901840.18    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLEIMA AB                                                | ALLEIMA AB                                           | CUSIP: N/A<br>LEI: 529900EBHTYGLA6PGP77       | Long             | EC               | CORP              | SE        |     67120 | NS      | $263008.30     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SEVEN and I HOLDINGS CO LTD                               | SEVEN and I HOLDINGS CO LTD                          | CUSIP: N/A<br>LEI: 52990037G8JRM3TWGY86       | Long             | EC               | CORP              | JP        |    367800 | NS      | $14965432.64   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| KEYENCE CORP                                              | KEYENCE CORP                                         | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |     44600 | NS      | $18871686.43   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| KAWASAKI HEAVY INDUSTRIES LTD                             | KAWASAKI HEAVY INDUSTRIES LTD                        | CUSIP: N/A<br>LEI: 5493008FFSI8SQ74AT93       | Long             | EC               | CORP              | JP        |    579100 | NS      | $12409735.96   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| WOLTERS KLUWER NV                                         | WOLTERS KLUWER NV                                    | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     63324 | NS      | $6978966.14    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AMADEUS IT GROUP SA                                       | AMADEUS IT GROUP SA                                  | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |    277666 | NS      | $15012710.08   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Z HOLDINGS COR                                            | Z HOLDINGS CORP                                      | CUSIP: N/A<br>LEI: 52990078MD2OL792YM35       | Long             | EC               | CORP              | JP        |   1688900 | NS      | $4647762.60    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AIRBUS SE                                                 | AIRBUS SE                                            | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |    263251 | NS      | $30220039.68   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                           | ASTRAZENECA PLC                                      | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    747998 | NS      | $101234538.95  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Concord Street Trust                             | FIDELITY SAI INTERNATIONAL SMALL CAP INDEX FUND      | CUSIP: 315911495<br>LEI: EEX0N4ID1C226M44VF22 | Long             | EC               | RF                | US        |  63801004 | NS      | $499561863.67  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ERSTE GROUP BANK AG (UNGTD)                               | ERSTE GROUP BANK AG                                  | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |    214800 | NS      | $6725687.99    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HEINEKEN NV                                               | HEINEKEN NV                                          | CUSIP: N/A<br>LEI: 724500K5PTPSST86UQ23       | Long             | EC               | CORP              | NL        |     81824 | NS      | $7578036.65    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PRUDENTIAL PLC                                            | PRUDENTIAL PLC                                       | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |   1630694 | NS      | $19397091.72   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CELLNEX TELECOM SAU                                       | CELLNEX TELECOM SAU                                  | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |    458732 | NS      | $15775126.83   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BRENNTAG SE                                               | BRENNTAG SE                                          | CUSIP: N/A<br>LEI: NNROIXVWJ7CPSR27SV97       | Long             | EC               | CORP              | DE        |    170573 | NS      | $10845191.89   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| INPEX CORPORATION                                         | INPEX CORP                                           | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |   1917400 | NS      | $21129034.45   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ALTEN SA                                                  | ALTEN                                                | CUSIP: N/A<br>LEI: 969500Y7G9TY7Y24GN07       | Long             | EC               | CORP              | FR        |     39600 | NS      | $5004846.96    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC                               | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |   4455909 | NS      | $33192235.22   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                          | SOCIETE GENERALE SA CL A                             | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    193777 | NS      | $4877180.72    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP GROUP LTD                                             | BHP GROUP LIMITED                                    | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |   1956615 | NS      | $60763396.77   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| HONG KONG EXCHANGES and CLEARING LTD                      | HONG KONG EXCHS and CLEARING LTD                     | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |    256800 | NS      | $10209730.37   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM AG                                       | DEUTSCHE TELEKOM AG (REGD)                           | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |   1164381 | NS      | $23686712.56   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| EXPERIAN PLC                                              | EXPERIAN PLC                                         | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |    224554 | NS      | $7945001.28    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| LYNAS RARE EARTHS LTD                                     | LYNAS RARE EARTHS LTD                                | CUSIP: N/A<br>LEI: 529900SGT9M1FJPXXI35       | Long             | EC               | CORP              | AU        |   4583127 | NS      | $27187236.23   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| LINK REIT                                                 | LINK REAL ESTATE INVESTMENT TR                       | CUSIP: N/A<br>LEI: 529900XUE70U36QX5M62       | Long             | EC               | CORP              | HK        |   2167200 | NS      | $14639001.92   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                              | UBS GROUP AG                                         | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |   1175408 | NS      | $21689438.01   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEL SPA                                                  | ENEL (ENTE NAZ ENERG ELET) SPA                       | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |   2997900 | NS      | $16173027.79   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ADYEN NV                                                  | ADYEN BV                                             | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |     11512 | NS      | $18135070.15   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| FLUTTER ENTERTAINMENT PLC                                 | FLUTTER ENTERTAINMENT PLC                            | CUSIP: N/A<br>LEI: 635400EG4YIJLJMZJ782       | Long             | EC               | CORP              | IE        |     42967 | NS      | $6454660.83    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                             | AIA GROUP LTD                                        | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   4964800 | NS      | $50415604.40   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| SONY GROUP CORP                                           | SONY GROUP CORP                                      | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |    274300 | NS      | $22723059.81   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| WPP PLC                                                   | WPP PLC NEW (UK)                                     | CUSIP: N/A<br>LEI: 549300LSGBXPYHXGDT93       | Long             | EC               | CORP              | JE        |    988072 | NS      | $10384319.20   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC                               | NIKKEI 225 (CME) FUT DEC22 NXZ2                      | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |       250 | NC      | $1280235.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDVIK AB                                                | SANDVIK AB                                           | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |    984809 | NS      | $18092624.26   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Cash Central Fund                           | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  92833828 | NS      | $92852395.02   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODSIDE ENERGY GROUP LTD                                 | WOODSIDE ENERGY GROUP LTD                            | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |   2137516 | NS      | $53982004.43   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| WORLDLINE SA                                              | WORLDLINE SA                                         | CUSIP: N/A<br>LEI: 549300CJMQNCA0U4TS33       | Long             | EC               | CORP              | FR        |    242383 | NS      | $11481978.36   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| IBIDEN CO LTD                                             | IBIDEN CO LTD                                        | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |    143800 | NS      | $5901100.35    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/01/2022                              | CUSIP: 912796P94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5150000 | PA      | $5150000.00    | 0.03%             | 2022-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SUZUKI MTR CORP                                           | SUZUKI MOTOR CORP                                    | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |    774400 | NS      | $27935675.66   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIICHI SANKYO CO LTD                                     | DAIICHI SANKYO CO LTD                                | CUSIP: N/A<br>LEI: 353800XGIU2IHQGC9504       | Long             | EC               | CORP              | JP        |    984100 | NS      | $32593944.93   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SIEMENS AG                                                | SIEMENS AG (REGD)                                    | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |    501049 | NS      | $69487901.35   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SARTORIUS STEDIM BIOTECH                                  | SARTORIUS STEDIM BIOTECH                             | CUSIP: N/A<br>LEI: 52990006IVXY7GCSSR39       | Long             | EC               | CORP              | FR        |     27402 | NS      | $9352390.67    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | FIDELITY SAI INTERNATIONAL MOMENTUM INDEX FUND       | CUSIP: 31635T716<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |  23742700 | NS      | $276365031.76  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NUTRIEN LTD                                               | NUTRIEN LTD                                          | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    136100 | NS      | $10938386.80   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                                   | CRH PLC                                              | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   1096098 | NS      | $44064795.40   | 0.22%             |  |  |  | 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        | 227258412 | NS      | $227258412.28  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| B and M EUROPEAN VALUE RETAIL S.A.                        | B and M EUROPEAN VALUE RETAIL S.A.                   | CUSIP: N/A<br>LEI: 213800UK7ZRLY2K1X530       | Long             | EC               | CORP              | LU        |   1302012 | NS      | $6450235.67    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS PLC                                       | IMPERIAL BRANDS PLC                                  | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    547601 | NS      | $14084880.79   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPCOM CO LTD                                             | CAPCOM CO LTD                                        | CUSIP: N/A<br>LEI: 529900JJWQKXS3TC8744       | Long             | EC               | CORP              | JP        |    490800 | NS      | $14955448.60   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM HLDGS CORP                                       | FUJIFILM HOLDINGS CORP                               | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |    786400 | NS      | $42302175.56   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE POST AG                                          | DEUTSCHE POST AG                                     | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |   1506984 | NS      | $60201378.67   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                  | UNITED OVERSEAS BANK (LOC)                           | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |   2747003 | NS      | $63338966.27   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMPO OYJ                                                 | SAMPO OYJ SER A                                      | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |    416700 | NS      | $21103024.97   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL HOTELS GROUP PLC NEW                     | INTERCONTINENTAL HOTELS GP PLC                       | CUSIP: N/A<br>LEI: 2138007ZFQYRUSLU3J98       | Long             | EC               | CORP              | GB        |    103056 | NS      | $5998189.28    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS INC                                                   | TIS INC                                              | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |    607200 | NS      | $17369533.59   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES US                                            | MSCI EAFE FUT DEC22 MFSZ2                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      1879 | NC      | $8196303.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AP MOLLER MAERSK AS                                       | A P MOLLER - MAERSK A/S B                            | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |      6061 | NS      | $13139989.80   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UCB SA                                                    | UCB SA                                               | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |    411891 | NS      | $33246417.36   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPAGNIE FINANCIERE RICHEMONT AG SWITZ                   | CIE FINANCIERE RICHEMONT SA A                        | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |    195268 | NS      | $25886288.98   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| VONOVIA SE                                                | VONOVIA SE                                           | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    645128 | NS      | $16024283.81   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HITACHI LTD                                               | HITACHI LTD                                          | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |   1640100 | NS      | $87711670.29   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| PERNOD RICARD SA                                          | PERNOD-RICARD                                        | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |    147480 | NS      | $29257942.21   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| DIAGEO PLC                                                | DIAGEO PLC                                           | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |    978762 | NS      | $45201185.22   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                           | NORDEA BANK ABP                                      | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |   2602252 | NS      | $27347094.00   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX CORP                                                 | ORIX CORP                                            | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |   1970100 | NS      | $31919887.66   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| COCA COLA HBC AG                                          | COCA COLA HBC AG                                     | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |    456365 | NS      | $11163098.72   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK LTD                               | NATIONAL AUSTRALIA BANK LTD                          | CUSIP: N/A<br>LEI: F8SB4JFBSYQFRQEH3Z21       | Long             | EC               | CORP              | AU        |    839281 | NS      | $18064637.50   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Securities Lending Cash Central Fund        | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  17096564 | NS      | $17098274.01   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EUROAPI SASU                                              | EUROAPI SASU                                         | CUSIP: N/A<br>LEI: 9695002FT7GGI3CKKJ14       | Long             | EC               | CORP              | FR        |     17269 | NS      | $308273.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BOERSE AG                                        | DEUTSCHE BOERSE AG                                   | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |     55193 | NS      | $10143062.55   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESTOR AB                                               | INVESTOR AB SER B                                    | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |   2271612 | NS      | $42276664.52   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| FORTESCUE METALS GROUP LTD                                | FORTESCUE METALS GROUP LTD                           | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |    590295 | NS      | $7856636.62    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Pacific Basin Fund                          | CUSIP: 316343201<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   4884671 | NS      | $149666314.29  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                   | VEOLIA ENVIRONNEMENT                                 | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |    573180 | NS      | $14834968.92   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BAYER AG                                                  | BAYER AG                                             | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |    324300 | NS      | $18821367.94   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIVERSAL MUSIC GROUP NV                                  | UNIVERSAL MUSIC GROUP NV                             | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |    839286 | NS      | $19958874.17   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIN ETSU CHEM CO LTD                                     | SHIN-ETSU CHEMICAL CO LTD                            | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |    435100 | NS      | $56304222.02   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| PROSUS NV                                                 | PROSUS NV                                            | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |    147569 | NS      | $9656734.42    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| KERRY PROPERTIES LTD                                      | KERRY PROPERTIES LTD                                 | CUSIP: N/A<br>LEI: 5299006T5ULIIRZ7LK49       | Long             | EC               | CORP              | BM        |   4045500 | NS      | $7733770.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| OLYMPUS CORP                                              | OLYMPUS CORP                                         | CUSIP: N/A<br>LEI: 5299000Y52IFDI1I2A21       | Long             | EC               | CORP              | JP        |   1338300 | NS      | $27647681.00   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| IMCD NV                                                   | IMCD GROUP BV                                        | CUSIP: N/A<br>LEI: 724500NSJPNFJPDAUP02       | Long             | EC               | CORP              | NL        |     84866 | NS      | $12552043.80   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML HOLDING NV                                           | ASML HOLDING NV                                      | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     78988 | NS      | $48223766.02   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                  | LLOYDS BANKING GROUP PLC                             | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |  45639729 | NS      | $26042657.63   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                                       | SOFTBANK GROUP CORP                                  | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |    682600 | NS      | $29910522.72   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| UNICAJA BANCO                                             | UNICAJA BANCO SA                                     | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | EC               | CORP              | ES        |   2989700 | NS      | $3090939.40    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UNILEVER PLC                                              | UNILEVER PLC ORD                                     | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    443271 | NS      | $22164057.32   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ GROUP AG                                    | MERCEDES-BENZ GROUP AG                               | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |    342207 | NS      | $23250650.58   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                   | RELIANCE INDS GDR                                    | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    193300 | NS      | $12863632.13   | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| NATIONAL STORAGE REIT                                     | NATIONAL STORAGE REIT STAPLED                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   9895142 | NS      | $16289291.23   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPASS GROUP PLC                                         | COMPASS GROUP PLC                                    | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |   1155699 | NS      | $26347554.77   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| NESTLE SA                                                 | NESTLE SA (REG)                                      | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |    822548 | NS      | $97902627.21   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                                  | RENESAS ELECTRONICS CORP                             | CUSIP: N/A<br>LEI: 5299000EPC47VJQOFB81       | Long             | EC               | CORP              | JP        |   3717500 | NS      | $36460150.94   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| VINCI SA                                                  | VINCI SA                                             | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |    308138 | NS      | $31111401.37   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC (UNGTD)                                 | NATWEST GROUP PLC                                    | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |   3895269 | NS      | $12388165.60   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                                                   | DSV A/S                                              | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |    193163 | NS      | $30904786.53   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| TALANX AG                                                 | TALANX AKTIENGESELLSCHAFT                            | CUSIP: N/A<br>LEI: 5299006ZIILJ6VJVSJ32       | Long             | EC               | CORP              | DE        |    163224 | NS      | $7256544.89    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SANOFI                                                    | SANOFI                                               | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    979771 | NS      | $88502038.67   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKIO MARINE HOLDINGS INC                                 | TOKIO MARINE HOLDINGS INC                            | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |   1571300 | NS      | $32413995.76   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | Fidelity SAI International Low Volatility Index Fund | CUSIP: 31635V877<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        | 116704225 | NS      | $1169376332.33 | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| NN GROUP NV                                               | NN GROUP NV                                          | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |    608422 | NS      | $26001801.00   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                        | MITSUBISHI UFJ FINL GRP INC                          | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |   4393100 | NS      | $23957966.23   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                               | FIDELITY SAI INTERNATIONAL QUALITY INDEX FUND        | CUSIP: 31635T690<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   8945682 | NS      | $101444029.16  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NIBE INDUSTRIER AB                                        | NIBE INDUSTRIER AB B SHS                             | CUSIP: N/A<br>LEI: 549300ZQH0FIF1P0MX67       | Long             | EC               | CORP              | SE        |    810942 | NS      | $7656078.82    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| TECHTRONIC INDUSTRIES CO LTD                              | TECHTRONIC INDUSTRIES CO LTD                         | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |    721000 | NS      | $8789105.77    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| RENTOKIL INITIAL PLC                                      | RENTOKIL INITIAL PLC                                 | CUSIP: N/A<br>LEI: 549300VN4WV7Z6T14K68       | Long             | EC               | CORP              | GB        |   2597011 | NS      | $17108469.79   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDIOBANCA SPA                                            | MEDIOBANCA SPA                                       | CUSIP: N/A<br>LEI: PSNL19R2RXX5U3QWHI44       | Long             | EC               | CORP              | IT        |   1282100 | NS      | $12390036.35   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Overseas Fund                               | CUSIP: 316343102<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |  42754791 | NS      | $2245481633.93 | 11.32%            |  |  |  | No            |                  1 | On Loan: No      |
| INDUTRADE AB                                              | INDUTRADE AB                                         | CUSIP: N/A<br>LEI: 549300FISLQ6CEFP1867       | Long             | EC               | CORP              | SE        |    455961 | NS      | $9821435.19    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SWISS LIFE HOLDING AG                                     | SWISS LIFE HLDGS AG (NEW)                            | CUSIP: N/A<br>LEI: 5493000KUC3Z24U77V93       | Long             | EC               | CORP              | CH        |     21000 | NS      | $11226266.16   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTH32 LTD                                               | SOUTH32                                              | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |   3024637 | NS      | $8401029.09    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust                                 | Fidelity Japan Smaller Companies Fund                | CUSIP: 315910760<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2972180 | NS      | $41164688.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LTD                                                   | SEA LTD ADR                                          | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |    156050 | NS      | $9108638.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer