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      <regCik>0000710826</regCik>
      <regLei>549300NPPA08K2CWOV06</regLei>
      <regStreet1>BRIGHTHOUSE INVESTMENT ADVISERS, LLC</regStreet1>
      <regStreet2>ONE FINANCIAL CENTER</regStreet2>
      <regCity>BOSTON</regCity>
      <regStateConditional regCountry="US" regState="US-MA"/>
      <regZipOrPostalCode>02111</regZipOrPostalCode>
      <regPhone>980-949-5130</regPhone>
      <seriesName>MFS Value Portfolio</seriesName>
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      <repPdEnd>2020-12-31</repPdEnd>
      <repPdDate>2020-06-30</repPdDate>
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        <name>Cigna Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
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        <name>Pioneer Natural Resources Co</name>
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        <name>Reckitt Benckiser Group PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA NY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Southern Co/The</name>
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      <invstOrSec>
        <name>PPG Industries Inc</name>
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      <invstOrSec>
        <name>Boston Scientific Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TFDXX LEX BLACKROCK FED FUND</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Thermo Fisher Scientific Inc</name>
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        <title>Thermo Fisher Scientific Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Medtronic PLC</name>
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      <invstOrSec>
        <name>DEUTSCHE BANK AG, LONDON BRANCH</name>
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        <name>T Rowe Price Group Inc</name>
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        <name>Intel Corp</name>
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        <name>Pfizer Inc</name>
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        <name>NXP Semiconductors NV</name>
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        <name>Texas Instruments Inc</name>
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        <title>Texas Instruments Inc</title>
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        <name>Stanley Black &amp; Decker Inc</name>
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        <name>McKesson Corp</name>
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        <name>Marriott International Inc/MD</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
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        <name>Archer-Daniels-Midland Co</name>
        <lei>549300LO13MQ9HYSTR83</lei>
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        <name>Trane Technologies PLC</name>
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        <name>Nestle SA</name>
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        <name>FirstEnergy Corp</name>
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        <name>Abbott Laboratories</name>
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        <name>Honeywell International Inc</name>
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        <name>NBC GLOBAL FINANCE LIMITED</name>
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        <name>ConocoPhillips</name>
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        <name>Colgate-Palmolive Co</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
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      <invstOrSec>
        <name>FIDELITY INST GOVT LEX</name>
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        <name>American Express Co</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <name>Lockheed Martin Corp</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
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        <name>Merck &amp; Co Inc</name>
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        <name>Northrop Grumman Corp</name>
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        <name>NATIXIS NY</name>
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        <name>Masco Corp</name>
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        <name>NATIONAL BANK OF CANADA</name>
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        <name>Travelers Cos Inc/The</name>
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        <name>Moody's Corp</name>
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        <name>WELLS FARGO GOVT FD LEX</name>
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        <name>PNC Financial Services Group Inc/The</name>
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        <name>Nasdaq Inc</name>
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        <name>MIZUHO BANK LIMITED NEW YORK</name>
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        <name>Verizon Communications Inc</name>
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        <name>Raytheon Technologies Corp</name>
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        <name>CREDIT INDUSRIAL ET COMM, LONDON</name>
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        <name>MS GOVT US LEX</name>
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        <name>Union Pacific Corp</name>
        <lei>549300LMMRSZZCZ8CL11</lei>
        <title>Union Pacific Corp</title>
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      <invstOrSec>
        <name>Danone SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Equifax Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PepsiCo Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Canadian National Railway Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>US Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackRock Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CITIGROUP GLOBAL MARKETS INC</name>
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        <name>Mitsubishi UFJ Trust &amp; Bank Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Diageo PLC</name>
        <lei>213800ZVIELEA55JMJ32</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Analog Devices Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Duke Energy Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fiserv Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AGRIC BK OF CHINA LTD - NY BRANCH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <name>CHINA CONSTRUCTION BANK CORP NY</name>
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        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holding AG</title>
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        <name>Kimberly-Clark Corp</name>
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        <title>Kimberly-Clark Corp</title>
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        <name>Johnson Controls International plc</name>
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        <title>Johnson Controls International plc</title>
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        <name>DEUTSCHE BANK AG, LONDON BRANCH</name>
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      <invstOrSec>
        <name>Philip Morris International Inc</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Suncor Energy Inc</name>
        <lei>549300W70ZOQDVLCHY06</lei>
        <title>Suncor Energy Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>American Electric Power Co Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Accenture PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Chevron Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>NATIONAL BANK OF CANADA</name>
        <lei>254900F2ES7T4LUTQL51</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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      <invstOrSec>
        <name>J M Smucker Co/The</name>
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          <isin value="US8326964058"/>
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        <fairValLevel>1</fairValLevel>
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        <name>DEUTSCHE BANK SECURITIES INC.</name>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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        <name>UNION BANK OF SWITZERLAND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NBC GLOBAL FINANCE LIMITED</name>
        <lei>549300KWU8YQOYSK5Y64</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CREDIT SUISSE NY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>WESTERN ASST GOV FD</name>
        <lei>N/A</lei>
        <title>WESTERN ASST GOV FD</title>
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        <invCountry>US</invCountry>
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        <name>Goldman Sachs Fin Square Govt Fd</name>
        <lei>N/A</lei>
        <title>Goldman Sachs Fin Square Govt Fd</title>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Public Storage</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage</title>
        <cusip>74460D109</cusip>
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        <balance>53388.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lowe's Cos Inc</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>Lowe's Cos Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc</title>
        <cusip>25746U109</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>EOG Resources Inc</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
        <title>EOG Resources Inc</title>
        <cusip>26875P101</cusip>
        <identifiers>
          <isin value="US26875P1012"/>
        </identifiers>
        <balance>295295.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14959644.70000000</valUSD>
        <pctVal>0.500094506076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2559805.05000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE STREET INST US GOVT FUND</name>
        <lei>N/A</lei>
        <title>STATE STREET INST US GOVT FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="190910034_SLCOLLCASH"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10000000.00000000</valUSD>
        <pctVal>0.334295710964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="10000000.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-07-15</ncom:dateSigned>
      <ncom:nameOfApplicant>Brighthouse Funds Trust II</ncom:nameOfApplicant>
      <ncom:signature>Alan Otis</ncom:signature>
      <ncom:signerName>Alan Otis</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
