Columbia Funds Series Trust NPORT-P Columbia Small Cap Value Fund II (Nov 2023 report)

COLUMBIA SMALL CAP VALUE FUND II

Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value

PORTFOLIO OF INVESTMENTS

Columbia Small Cap Value Fund II, November 30, 2023 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in securities

Common Stocks 96.7%
Issuer	Shares		Value ($)
Communication Services 1.5%
Interactive Media & Services 0.6%
Ziff Davis, Inc.(a)		107,700		6,873,414
Media 0.9%
Nexstar Media Group, Inc., Class A		81,000		11,496,330
Total Communication Services				18,369,744
Consumer Discretionary 10.7%
Automobile Components 0.5%
Adient PLC(a)		174,600		5,622,120
Hotels, Restaurants & Leisure 3.2%
International Game Technology PLC		421,500		11,266,695
Light & Wonder, Inc.(a)		198,000		17,507,160
Red Rock Resorts, Inc., Class A		231,100		10,290,883
Total				39,064,738
Household Durables 1.8%
KB Home		211,800		11,034,780
Taylor Morrison Home Corp., Class A(a)		235,900		10,639,090
Total				21,673,870
Leisure Products 0.4%
YETI Holdings, Inc.(a)		103,000		4,391,920
Specialty Retail 3.8%
American Eagle Outfitters, Inc.		674,000		12,826,220
Gap, Inc. (The)		313,600		6,293,952
Group 1 Automotive, Inc.		55,200		15,571,920
Signet Jewelers Ltd.		128,900		10,593,002
Total				45,285,094
Textiles, Apparel & Luxury Goods 1.0%
Kontoor Brands, Inc.		226,770		12,465,547
Total Consumer Discretionary				128,503,289
Consumer Staples 1.8%
Food Products 0.9%
TreeHouse Foods, Inc.(a)		274,100		11,158,611
Personal Care Products 0.9%
BellRing Brands, Inc.(a)		201,240		10,645,596
Total Consumer Staples				21,804,207

Common Stocks (continued)
Issuer	Shares		Value ($)
Energy 9.3%
Energy Equipment & Services 1.1%
Helmerich & Payne, Inc.		162,000		5,869,260
Transocean Ltd.(a)		1,259,700		8,011,692
Total				13,880,952
Oil, Gas & Consumable Fuels 8.2%
Callon Petroleum Co.(a)		221,700		6,932,559
Chord Energy Corp.		64,600		10,474,244
Civitas Resources, Inc.		225,500		15,489,595
Golar LNG Ltd.		559,200		12,039,576
Matador Resources Co.		129,500		7,495,460
Murphy Oil Corp.		335,600		14,353,612
Permian Resources Corp.		1,021,200		13,418,568
SM Energy Co.		262,200		9,819,390
Talos Energy, Inc.(a)		564,900		7,863,408
Total				97,886,412
Total Energy				111,767,364
Financials 24.3%
Banks 15.7%
Ameris Bancorp		335,200		14,272,816
Atlantic Union Bankshares Corp.		299,711		9,162,165
Axos Financial, Inc.(a)		208,792		7,990,470
Bancorp, Inc. (The)(a)		309,761		12,083,777
Bank of NT Butterfield & Son Ltd. (The)		57,594		1,597,082
BankUnited, Inc.		106,498		2,938,280
Cathay General Bancorp		380,300		13,949,404
First Horizon Corp.		502,733		6,429,955
Fulton Financial Corp.		214,013		3,045,405
Hancock Whitney Corp.		371,020		15,304,575
Independent Bank Corp.		233,900		13,336,978
New York Community Bancorp, Inc.		1,283,200		12,074,912
Popular, Inc.		143,590		10,595,506
Renasant Corp.		432,300		11,775,852
South State Corp.		38,459		2,847,889
Synovus Financial Corp.		89,374		2,751,825
Triumph Financial, Inc.(a)		99,534		6,755,373
UMB Financial Corp.		200,020		14,333,433

2 Columbia Small Cap Value Fund II | Third Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Small Cap Value Fund II, November 30, 2023 (Unaudited)

Common Stocks (continued)
Issuer	Shares		Value ($)
WaFd, Inc.		170,060		4,545,704
Westamerica BanCorp		12,720		645,031
Western Alliance Bancorp		169,716		8,692,853
WSFS Financial Corp.		220,336		8,498,359
Zions Bancorp		136,825		4,875,075
Total				188,502,719
Capital Markets 2.4%
Houlihan Lokey, Inc., Class A		168,700		18,172,364
Stifel Financial Corp.		171,500		10,464,930
Total				28,637,294
Financial Services 3.4%
AvidXchange Holdings, Inc.(a)		758,300		8,091,061
MGIC Investment Corp.		895,600		15,753,604
Radian Group, Inc.		657,250		16,897,898
Total				40,742,563
Insurance 1.2%
AMERISAFE, Inc.		182,700		8,798,832
Axis Capital Holdings Ltd.		104,500		5,887,530
Total				14,686,362
Mortgage Real Estate Investment Trusts (REITS) 1.6%
Blackstone Mortgage Trust, Inc.		471,700		10,462,306
Starwood Property Trust, Inc.		400,700		7,961,909
Total				18,424,215
Total Financials				290,993,153
Health Care 4.4%
Biotechnology 1.3%
Apellis Pharmaceuticals, Inc.(a)		148,290		7,988,382
Ideaya Biosciences, Inc.(a)		127,900		4,022,455
Insmed, Inc.(a)		153,100		3,830,562
Total				15,841,399
Health Care Equipment & Supplies 2.5%
Haemonetics Corp.(a)		145,400		11,758,498
LivaNova PLC(a)		230,460		10,336,131
Merit Medical Systems, Inc.(a)		98,700		7,062,972
Varex Imaging Corp.(a)		53,793		1,013,998
Total				30,171,599

Common Stocks (continued)
Issuer	Shares		Value ($)
Pharmaceuticals 0.6%
Prestige Consumer Healthcare, Inc.(a)		112,100		6,428,935
Total Health Care				52,441,933
Industrials 19.0%
Aerospace & Defense 1.3%
Moog, Inc., Class A		109,138		15,280,411
Commercial Services & Supplies 2.2%
ABM Industries, Inc.		322,300		13,211,077
CoreCivic, Inc.(a)		291,300		4,215,111
HNI Corp.		216,900		8,474,283
Total				25,900,471
Construction & Engineering 3.5%
API Group Corp.(a)		563,300		17,096,155
EMCOR Group, Inc.		57,900		12,304,908
Fluor Corp.(a)		336,400		12,793,292
Total				42,194,355
Ground Transportation 1.3%
ArcBest Corp.		89,200		10,631,748
Heartland Express, Inc.		340,100		4,564,142
Total				15,195,890
Machinery 0.7%
Hillenbrand, Inc.		224,900		8,712,626
Professional Services 5.0%
Alight, Inc., Class A(a)		1,253,500		9,589,275
ICF International, Inc.		116,000		16,234,200
KBR, Inc.		108,500		5,606,195
Parsons Corp.(a)		236,200		14,712,898
Science Applications International Corp.		121,600		14,277,056
Total				60,419,624
Trading Companies & Distributors 5.0%
Beacon Roofing Supply, Inc.(a)		179,700		14,440,692
Core & Main, Inc., Class A(a)		430,200		15,069,906
FTAI Aviation Ltd.		379,900		15,655,679
Herc Holdings Inc		113,900		14,084,874
Total				59,251,151
Total Industrials				226,954,528

Columbia Small Cap Value Fund II | Third Quarter Report 2023 3

PORTFOLIO OF INVESTMENTS (continued)

Columbia Small Cap Value Fund II, November 30, 2023 (Unaudited)

Common Stocks (continued)
Issuer	Shares		Value ($)
Information Technology 5.4%
Communications Equipment 0.6%
Extreme Networks, Inc.(a)		306,500		4,946,910
Harmonic, Inc.(a)		204,753		2,264,568
Total				7,211,478
Electronic Equipment, Instruments & Components 1.6%
Coherent Corp.(a)		150,200		5,525,858
Knowles Corp.(a)		530,300		8,415,861
Vishay Intertechnology, Inc.		237,000		5,268,510
Total				19,210,229
Semiconductors & Semiconductor Equipment 1.7%
Diodes, Inc.(a)		82,300		5,466,366
Rambus, Inc.(a)		160,700		10,874,569
Ultra Clean Holdings, Inc.(a)		168,700		4,578,518
Total				20,919,453
Software 1.5%
Blackbaud, Inc.(a)		128,200		9,645,768
Progress Software Corp.		150,800		8,122,088
Total				17,767,856
Total Information Technology				65,109,016
Materials 7.3%
Chemicals 3.0%
Avient Corp.		318,100		10,926,735
Cabot Corp.		174,400		13,236,960
HB Fuller Co.		153,100		11,586,608
Total				35,750,303
Containers & Packaging 0.7%
O-I Glass, Inc.(a)		578,300		8,535,708
Metals & Mining 3.6%
ATI, Inc.(a)		160,100		7,036,395
Carpenter Technology Corp.		168,800		11,952,728
Constellium SE(a)		633,700		11,026,380
Materion Corp.		118,800		13,437,468
Total				43,452,971
Total Materials				87,738,982

Common Stocks (continued)
Issuer	Shares		Value ($)
Real Estate 9.4%
Hotel & Resort REITs 1.0%
Apple Hospitality REIT, Inc.		711,300		11,857,371
Industrial REITs 2.3%
First Industrial Realty Trust, Inc.		209,700		9,866,385
STAG Industrial, Inc.		296,200		10,618,770
Terreno Realty Corp.		112,800		6,442,008
Total				26,927,163
Office REITs 1.2%
SL Green Realty Corp.		406,400		14,862,048
Real Estate Management & Development 0.9%
DigitalBridge Group, Inc.		632,100		10,910,046
Residential REITs 0.2%
Centerspace		36,527		1,948,350
Retail REITs 2.9%
Kite Realty Group Trust		793,000		16,748,160
Tanger, Inc.		734,000		18,320,640
Total				35,068,800
Specialized REITs 0.9%
Rayonier, Inc.		350,900		10,765,612
Total Real Estate				112,339,390
Utilities 3.6%
Electric Utilities 1.1%
Portland General Electric Co.		306,457		12,583,125
Gas Utilities 1.8%
New Jersey Resources Corp.		293,900		12,402,580
ONE Gas, Inc.		161,600		9,313,008
Total				21,715,588
Independent Power and Renewable Electricity Producers 0.7%
Clearway Energy, Inc., Class C		356,700		8,906,799
Total Utilities				43,205,512
Total Common Stocks (Cost $906,857,025)				1,159,227,118
Exchange-Traded Equity Funds 2.5%
	Shares		Value ($)
Sector 1.7%
SPDR S&P Biotech ETF		276,070		20,848,807

4 Columbia Small Cap Value Fund II | Third Quarter Report 2023

PORTFOLIO OF INVESTMENTS (continued)

Columbia Small Cap Value Fund II, November 30, 2023 (Unaudited)

Exchange-Traded Equity Funds (continued)
	Shares		Value ($)
U.S. Small Cap 0.8%
iShares Russell 2000 Value ETF		65,600		9,116,432
Total Exchange-Traded Equity Funds (Cost $30,392,777)				29,965,239
Money Market Funds 0.1%
Columbia Short-Term Cash Fund, 5.605%(b),(c)		845,298		845,129
Total Money Market Funds (Cost $845,091)				845,129
Total Investments in Securities (Cost: $938,094,893)				1,190,037,486
Other Assets & Liabilities, Net				8,242,954
Net Assets				1,198,280,440

Notes to Portfolio of Investments

(a) Non-income producing investment.

(b) The rate shown is the seven-day current annualized yield at November 30, 2023.

(c) As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended November 30, 2023 are as follows:

Affiliated issuers	Beginning of period($)		Purchases($)		Sales($)			Net change in unrealized appreciation (depreciation) ($)			End of period($)		Realized gain (loss)($)		Dividends($)		End of period shares
Columbia Short-Term Cash Fund, 5.605%		33,121,956		252,960,408		(285,234,876	)		(2,359	)		845,129		13,322		815,130		845,298

Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.

Columbia Small Cap Value Fund II | Third Quarter Report 2023 5

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

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