# Strategic Advisers Alternatives Fund

Strategic Advisers Alternatives Fund is a registered fund series of Fidelity Rutland Square Trust II (series S000076543). Net assets $2.7B as of 2026-05-31.

## Profile

- Series ID: S000076543
- Registrant: Fidelity Rutland Square Trust II
- LEI: 549300L8V38YP5EMDB42
- Net assets: $2.7B
- Total assets: $2.8B
- As of: 2026-05-31
- Type: Fund of funds

## Advisers

- [Strategic Advisers LLC (Advisor)](https://search.stillhousedata.com/firm/104555)
- [FIL Investment Advisors (Subadvisor)](https://search.stillhousedata.com/firm/111103)
- [Fidelity Diversifying Solutions LLC (Subadvisor)](https://search.stillhousedata.com/firm/315088)
- Capital Fund Management S.A. (Subadvisor)
- Pacific Investment Management Company LLC (Subadvisor)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Fidelity Greenwood Street Trust](https://search.stillhousedata.com/security/31624J778) | — | $579.3M | 2134.54% |
| [BLACKROCK FDS](https://search.stillhousedata.com/security/091936542) | — | $305.3M | 1124.86% |
| [EATON VANCE MUT FDS TR](https://search.stillhousedata.com/security/277923280) | — | $273.3M | 1007.15% |
| [STONE RIDGE TR](https://search.stillhousedata.com/security/861728624) | — | $219.1M | 807.19% |
| [BANK OF NEW YORK MELLON EMPLOYEE BENEFIT COLLECTIVE INVT FD PLAN.](https://search.stillhousedata.com/security/31423A440) | — | $186.6M | 687.54% |
| [STATE STR INVT TR](https://search.stillhousedata.com/security/857492706) | — | $179.4M | 660.86% |
| [MERGER FUND](https://search.stillhousedata.com/security/589509108) | — | $152.2M | 560.97% |
| [BANK OF NEW YORK MELLON EMPLOYEE BENEFIT COLLECTIVE INVT FD PLAN.](https://search.stillhousedata.com/security/90470L352) | — | $126.3M | 465.41% |
| [Fidelity Colchester Street Trust](https://search.stillhousedata.com/security/31607A703) | — | $114.4M | 421.33% |
| [BANK OF NEW YORK MELLON EMPLOYEE BENEFIT COLLECTIVE INVT FD PLAN.](https://search.stillhousedata.com/security/09260C109) | — | $81.2M | 299.09% |
| [BLACKROCK MIDCAP INDEX FUND09258N](https://search.stillhousedata.com/security/09258N570) | — | $79.9M | 294.42% |
| [NORTHERN LTS FD TR IV](https://search.stillhousedata.com/security/66537J101) | — | $57.2M | 210.82% |
| [Miller Convertible Bond Fund](https://search.stillhousedata.com/security/60055P839) | — | $55.6M | 204.69% |
| [Cedar Ridge Unconstrained Cred](https://search.stillhousedata.com/security/46141T869) | — | $53.6M | 197.34% |
| [American Beacon Global Evoluti](https://search.stillhousedata.com/security/024525669) | — | $43.5M | 160.26% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $2.7B |
| 2026-02-28 | $2.5B |
| 2025-11-30 | $2.5B |
| 2025-08-31 | $2.5B |
| 2025-05-31 | $2.9B |
| 2025-02-28 | $3.0B |
| 2024-11-30 | $2.2B |
| 2024-08-31 | $2.4B |

## More

- [Registrant: Fidelity Rutland Square Trust II](https://search.stillhousedata.com/registrant/1364924)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000076543.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.