Aim Counselor Series Trust NPORT-P Invesco American Franchise Fund (Nov 2023 report)

Schedule of Investments^(a)

November 30, 2023

(Unaudited)

	Shares		Value
Common Stocks & Other Equity Interests–99.36%
Advertising–0.72%
Trade Desk, Inc. (The), Class A(b)(c)		1,316,389	$	92,752,769
Aerospace & Defense–1.26%
Airbus SE (France)		410,263		60,999,121
TransDigm Group, Inc.		106,529		102,573,578
				163,572,699
Agricultural & Farm Machinery–0.32%
Deere & Co.		111,948		40,794,971
Application Software–6.64%
Adobe, Inc.(b)		555,269		339,274,911
HubSpot, Inc.(b)		211,331		104,382,721
Synopsys, Inc.(b)		364,490		198,001,903
Workday, Inc., Class A(b)(c)		807,160		218,514,355
				860,173,890
Asset Management & Custody Banks–2.75%
Blackstone, Inc., Class A		375,788		42,227,298
KKR & Co., Inc., Class A		4,132,441		313,404,325
				355,631,623
Automobile Manufacturers–0.38%
Tesla, Inc.(b)(c)		203,635		48,888,691
Automotive Retail–1.35%
O’Reilly Automotive, Inc., Class R(b)		177,256		174,132,749
Broadline Retail–8.11%
Amazon.com, Inc.(b)		6,491,851		948,394,512
MercadoLibre, Inc. (Brazil)(b)		62,682		101,573,674
				1,049,968,186
Casinos & Gaming–0.64%
Las Vegas Sands Corp.		1,786,469		82,391,950
Construction Materials–0.77%
Martin Marietta Materials, Inc.		213,840		99,347,926
Consumer Electronics–0.42%
Sony Group Corp. (Japan)		637,100		54,909,051
Consumer Staples Merchandise Retail–0.74%
Costco Wholesale Corp.		162,062		96,060,630
Diversified Support Services–0.63%
Cintas Corp.		146,668		81,144,071
Electrical Components & Equipment–2.19%
Eaton Corp. PLC		483,693		110,132,059
Rockwell Automation, Inc.		218,165		60,091,368
Vertiv Holdings Co.		2,608,779		113,899,291
				284,122,718
Environmental & Facilities Services–0.33%
Republic Services, Inc.		261,721		42,356,927
Financial Exchanges & Data–2.27%
S&P Global, Inc.		707,053		294,013,849

	Shares		Value
Food Distributors–0.63%
US Foods Holding Corp.(b)		1,848,681	$	81,027,688
Health Care Distributors–1.72%
McKesson Corp.		472,585		222,379,598
Health Care Equipment–2.71%
Intuitive Surgical, Inc.(b)		785,065		244,029,604
Stryker Corp.(c)		360,917		106,950,535
				350,980,139
Health Care Technology–1.10%
Veeva Systems, Inc., Class A(b)		818,842		142,732,349
Home Improvement Retail–0.61%
Lowe’s Cos., Inc.(c)		397,787		79,091,989
Hotels, Resorts & Cruise Lines–1.14%
Booking Holdings, Inc.(b)		47,020		146,970,414
Industrial Machinery & Supplies & Components–0.80%
Parker-Hannifin Corp.		240,343		104,111,781
Integrated Oil & Gas–0.96%
Suncor Energy, Inc. (Canada)		3,773,691		124,494,066
Interactive Home Entertainment–1.56%
Nintendo Co. Ltd. (Japan)		1,412,800		65,876,341
Take-Two Interactive Software, Inc.(b)		857,082		135,590,372
				201,466,713
Interactive Media & Services–9.95%
Alphabet, Inc., Class A(b)		5,864,330		777,199,655
Meta Platforms, Inc., Class A(b)		1,559,841		510,301,983
				1,287,501,638
Internet Services & Infrastructure–1.17%
MongoDB, Inc.(b)		364,830		151,674,424
Managed Health Care–1.02%
UnitedHealth Group, Inc.		239,187		132,263,235
Movies & Entertainment–1.95%
Netflix, Inc.(b)		532,050		252,175,738
Oil & Gas Equipment & Services–0.52%
Schlumberger N.V.		1,296,499		67,469,808
Oil & Gas Exploration & Production–0.25%
Hess Corp.		232,264		32,647,028
Passenger Ground Transportation–1.40%
Uber Technologies, Inc.(b)		3,220,977		181,598,683
Pharmaceuticals–2.50%
Eli Lilly and Co.		547,873		323,814,858
Semiconductor Materials & Equipment–0.24%
ASML Holding N.V., New York Shares (Netherlands)(c)		45,762		31,290,225

See accompanying notes which are an integral part of this schedule.

Invesco American Franchise Fund

	Shares		Value
Semiconductors–11.01%
Advanced Micro Devices, Inc.(b)		1,530,042	$	185,379,889
Broadcom, Inc.		247,410		229,034,859
Monolithic Power Systems, Inc.		198,701		109,031,213
NVIDIA Corp.		1,927,588		901,532,907
				1,424,978,868
Soft Drinks & Non-alcoholic Beverages–1.17%
Monster Beverage Corp.(b)(c)		2,751,798		151,761,660
Systems Software–15.12%
Microsoft Corp.		4,080,188		1,546,024,035
Palo Alto Networks, Inc.(b)(c)		529,433		156,230,384
ServiceNow, Inc.(b)(c)		372,371		255,349,690
				1,957,604,109
Technology Hardware, Storage & Peripherals–6.10%
Apple, Inc.		4,157,938		789,800,323
Trading Companies & Distributors–1.17%
Fastenal Co.		1,044,274		62,625,112
United Rentals, Inc.(c)		187,746		89,370,851
				151,995,963
Transaction & Payment Processing Services–5.04%
Visa, Inc., Class A(c)		2,539,556		651,853,234
Total Common Stocks & Other Equity Interests (Cost $6,817,187,084)				12,861,947,231
Money Market Funds–0.67%
Invesco Government & Agency Portfolio, Institutional Class, 5.28%(d)(e)		30,580,557		30,580,557

	Shares		Value
Money Market Funds–(continued)
Invesco Liquid Assets Portfolio, Institutional Class, 5.46%(d)(e)		21,830,616	$	21,841,531
Invesco Treasury Portfolio, Institutional Class, 5.28%(d)(e)		34,949,207		34,949,207
Total Money Market Funds (Cost $87,364,772)				87,371,295
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-100.03% (Cost $6,904,551,856)				12,949,318,526
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–5.91%
Invesco Private Government Fund, 5.32%(d)(e)(f)		214,101,973		214,101,973
Invesco Private Prime Fund, 5.55%(d)(e)(f)		550,200,168		550,420,248
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $764,383,942)				764,522,221
TOTAL INVESTMENTS IN SECURITIES–105.94% (Cost $7,668,935,798)				13,713,840,747
OTHER ASSETS LESS LIABILITIES–(5.94)%				(769,110,640	)
NET ASSETS–100.00%			$	12,944,730,107

Notes to Schedule of Investments:

^(a)  Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.

^(b)  Non-income producing security.

^(c)  All or a portion of this security was out on loan at November 30, 2023.

^(d)  Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended November 30, 2023.

	Value August 31, 2023		Purchases at Cost		Proceeds from Sales			Change in Unrealized Appreciation		Realized Gain (Loss)			Value November 30, 2023		Dividend Income
Investments in Affiliated Money Market Funds:
Invesco Government & Agency Portfolio, Institutional Class	$	16,193,539	$	110,484,315	$	(96,097,297	)	$	-	$	-		$	30,580,557	$	353,205
Invesco Liquid Assets Portfolio, Institutional Class		11,559,894		78,917,368		(68,640,927	)		6,402		(1,206	)		21,841,531		256,378
Invesco Treasury Portfolio, Institutional Class		18,506,902		126,267,788		(109,825,483	)		-		-			34,949,207		398,899
Investments Purchased with Cash Collateral from Securities on Loan:
Invesco Private Government Fund		203,220,752		238,409,278		(227,528,057	)		-		-			214,101,973		2,613,548*
Invesco Private Prime Fund		522,567,644		533,199,385		(505,552,406	)		110,787		94,838			550,420,248		7,077,125*
Total	$	772,048,731	$	1,087,278,134	$	(1,007,644,170	)	$	117,189	$	93,632		$	851,893,516	$	10,699,155

* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

^(e)  The rate shown is the 7-day SEC standardized yield as of November 30, 2023.

^(f)  The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

Invesco American Franchise Fund

Notes to Quarterly Schedule of Portfolio Holdings

November 30, 2023

(Unaudited)

NOTE 1–Additional Valuation Information

Generally Accepted Accounting Principles (“GAAP”) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:

Level 1 –	Prices are determined using quoted prices in an active market for identical assets.
Level 2 –	Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 –	Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of November 30, 2023. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

	Level 1		Level 2		Level 3		Total
Investments in Securities
Common Stocks & Other Equity Interests	$	12,680,162,718	$	181,784,513		$–	$	12,861,947,231
Money Market Funds		87,371,295		764,522,221		–		851,893,516
Total Investments	$	12,767,534,013	$	946,306,734		$–	$	13,713,840,747

Invesco American Franchise Fund