FSLTX
Strategic Advisers Alternatives Fund
Fidelity Rutland Square Trust II
Fund of funds

Portfolio concentration

As of February 28, 2026 · N-PORT
Holdings
176
Top-10 weight
85.42%
Effective holdings ?
11
Crowding ?
92.1

Holdings

As of February 28, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 Fidelity SAI Convertible Arbitrage Fund 44,190,705 $488.75M 19.35%
2 BlackRock Global Equity Mkt Netrl A 19,359,252 $283.03M 11.21%
3 Eaton Vance Glbl Macro Abs Ret Advtg A 22,423,769 $274.24M 10.86%
4 Stone Ridge Diversified Alternatives I SRDAX 21,228,382 $209.95M 8.31%
5 Federated Hermes MDT Market Neutral A 8,773,026 $189.50M 7.50%
6 State Street Navigator Securities Lending Portfolio II GVMXX 168,564,703 $168.56M 6.67%
7 The Merger Fund A 8,744,962 $151.55M 6.00%
8 Absolute Convertible Arbitrage Inv 12,639,503 $147.76M 5.85%
9 BlackRock Systematic Multi-Strat Inv A 10,775,646 $116.27M 4.60%
10 MONEY MARKET FUND FRGXX 98,638,750 $98.64M 3.91%
11 Fulcrum Diversified Abslt Ret Spr Instl 5,439,078 $58.20M 2.30%
12 First Trust Merger Arbitrage Cl I 4,996,158 $52.91M 2.09%
13 American Beacon AHL Mgd Futs Strat R5 4,107,311 $43.21M 1.71%
14 FIDELITY SAI ALTERNATIVE RISK PREMIA COMMODITY STRATEGY FUND 4,187,107 $38.98M 1.54%
15 Miller Market Neutral Income I 2,697,842 $30.03M 1.19%
16 AGF U.S. Market Neutral Anti-Beta 1,944,444 $27.38M 1.08%
17 US TREASURY RP 4.16% 12/1/25 25,100,000 $25.10M 0.99%
18 G2SF 5.5 4/25 11,900,000 $12.04M 0.48%
19 GNII II 5.5% 03/01/2056 #TBA 9,300,000 $9.42M 0.37%
20 Total Return Swap KMH6 112 $7.10M 0.28%
21 Fannie Mae or Freddie Mac 2,900,000 $2.94M 0.12%
22 FNCL 5.5 3/25 2,800,000 $2.85M 0.11%
23 FNCL 5.5 4/26 2,800,000 $2.84M 0.11%
24 FNCL 6 3/24 2,400,000 $2.46M 0.10%
25 FNCL 6 4/26 1,700,000 $1.74M 0.07%
26 FNCI 5 4/21 1,300,000 $1.32M 0.05%
27 S and P/TSX 60 IX FUT MAR26 PTH6 XQH6 66 $1.12M 0.04%
28 TOPIX INDX FUTR MAR26 TPH6 TPZ5 30 $1.06M 0.04%
29 Brent Crude Future COK6 144 $942.20K 0.04%
30 Total Return Swap 71 $883.97K 0.03%
31 DAX INDEX FUTURE MAR26 XEUR 20260320 GXH6 28 $863.79K 0.03%
32 KUNTARAHOITUS OYJ FRN SOFRINDX+100 02/02/2029 144A 800,000 $815.48K 0.03%
33 GOLDMAN SACHS GP 800,000 $799.51K 0.03%
34 S and P MID 400 EMINI FUT SEP25 FAU5 488 $732.62K 0.03%
35 BMW US CAPITAL LLC REGD V/R 144A P/P 4.61353100 700,000 $701.92K 0.03%
36 RABOBK Float 08/28/26 700,000 $701.31K 0.03%
37 ROYAL BANK OF CANADA SR UNSECURED 08/26 VAR 700,000 $700.72K 0.03%
38 United States Treasury Bill 700,000 $693.10K 0.03%
39 FTSE/MIB Index STH6 38 $644.15K 0.03%
40 S and P MID 400 EMINI FUT SEP25 FAU5 729 $620.07K 0.02%
41 SWEDBANK AB 5.337% 09/20/2027 REGS 600,000 $613.23K 0.02%
42 Sound Point CLO XXVIII Ltd., Series 2020-3A, Class A1R 597,311 $598.18K 0.02%
43 Fidelity Cash Central Fund 587,078 $587.20K 0.02%
44 SILVER FUTURE MAY26 SIK6 SIN6 41 $570.29K 0.02%
45 GOVERNMENT NAT MTG ASSN HECM TSFR1M+ 02/20/2067 563,094 $564.82K 0.02%
46 U.S. Treasury Bills 912797TH 563,000 $560.56K 0.02%
47 ORDE SERIES 2025-1 TRUST BBSW1M+115 06/11/2056 738,226 $526.95K 0.02%
48 NATIONWIDE BUILDING SOC(UNGTD) FRN SOFR+129 02/16/2028 144A NWIDE 500,000 $503.46K 0.02%
49 SUMITOMO MITSUI FINL GRP SR UNSECURED 07/26 VAR SUMIBK 500,000 $501.96K 0.02%
50 EVGRN 2025-1A A EVGRN 500,000 $501.91K 0.02%
1 / 15 Next ›

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.