Columbia Variable Portfolio – Select Mid Cap Growth Fund
First Quarter Report
March 31, 2024 (Unaudited)
Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.
Not FDIC or NCUA Insured | No Financial Institution Guarantee | May Lose Value |
Portfolio of InvestmentsColumbia Variable Portfolio – Select Mid Cap Growth Fund, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.9% | ||
Issuer | Shares | Value ($) |
Communication Services 9.6% | ||
Entertainment 4.9% | ||
Roblox Corp., Class A(a) | 101,202 | 3,863,892 |
Spotify Technology SA(a) | 35,781 | 9,442,606 |
Take-Two Interactive Software, Inc.(a) | 64,745 | 9,613,985 |
Total | 22,920,483 | |
Interactive Media & Services 1.9% | ||
Pinterest, Inc., Class A(a) | 262,019 | 9,084,199 |
Media 2.8% | ||
Trade Desk, Inc. (The), Class A(a) | 147,308 | 12,877,666 |
Total Communication Services | 44,882,348 | |
Consumer Discretionary 18.7% | ||
Broadline Retail 2.3% | ||
eBay, Inc. | 209,765 | 11,071,397 |
Distributors 0.8% | ||
LKQ Corp. | 67,113 | 3,584,505 |
Hotels, Restaurants & Leisure 11.4% | ||
Cava Group, Inc.(a) | 51,599 | 3,614,510 |
Churchill Downs, Inc. | 30,652 | 3,793,185 |
Domino’s Pizza, Inc. | 16,803 | 8,349,074 |
DoorDash, Inc., Class A(a) | 62,729 | 8,639,038 |
DraftKings, Inc., Class A(a) | 144,848 | 6,577,548 |
Flutter Entertainment PLC(a) | 15,903 | 3,140,683 |
Hilton Worldwide Holdings, Inc. | 31,067 | 6,626,902 |
Royal Caribbean Cruises Ltd.(a) | 21,000 | 2,919,210 |
Texas Roadhouse, Inc. | 23,160 | 3,577,525 |
Wynn Resorts Ltd. | 60,647 | 6,199,943 |
Total | 53,437,618 | |
Specialty Retail 4.2% | ||
Floor & Decor Holdings, Inc., Class A(a) | 51,564 | 6,683,726 |
Ross Stores, Inc. | 64,096 | 9,406,729 |
Ulta Beauty, Inc.(a) | 7,265 | 3,798,723 |
Total | 19,889,178 | |
Total Consumer Discretionary | 87,982,698 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Consumer Staples 4.2% | ||
Beverages 0.6% | ||
Celsius Holdings, Inc.(a) | 34,133 | 2,830,309 |
Consumer Staples Distribution & Retail 2.7% | ||
Casey’s General Stores, Inc. | 15,360 | 4,891,392 |
Dollar Tree, Inc.(a) | 58,742 | 7,821,497 |
Total | 12,712,889 | |
Household Products 0.9% | ||
Clorox Co. (The) | 26,948 | 4,126,008 |
Total Consumer Staples | 19,669,206 | |
Energy 3.7% | ||
Oil, Gas & Consumable Fuels 3.7% | ||
Cameco Corp. | 148,299 | 6,424,312 |
Range Resources Corp. | 102,721 | 3,536,684 |
Targa Resources Corp. | 64,531 | 7,226,827 |
Total | 17,187,823 | |
Total Energy | 17,187,823 | |
Financials 6.9% | ||
Capital Markets 2.5% | ||
Blue Owl Capital, Inc. | 154,763 | 2,918,830 |
KKR & Co., Inc., Class A | 48,818 | 4,910,115 |
MSCI, Inc. | 7,278 | 4,078,955 |
Total | 11,907,900 | |
Financial Services 2.8% | ||
Apollo Global Management, Inc. | 116,859 | 13,140,794 |
Insurance 1.6% | ||
Kinsale Capital Group, Inc. | 13,909 | 7,298,609 |
Total Financials | 32,347,303 | |
Health Care 19.3% | ||
Biotechnology 1.1% | ||
Natera, Inc.(a) | 55,697 | 5,094,048 |
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Columbia Variable Portfolio – Select Mid Cap Growth Fund | First Quarter Report 2024
Portfolio of Investments (continued)Columbia Variable Portfolio – Select Mid Cap Growth Fund, March 31, 2024 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care Equipment & Supplies 7.2% | ||
Align Technology, Inc.(a) | 27,263 | 8,940,083 |
DexCom, Inc.(a) | 92,978 | 12,896,049 |
IDEXX Laboratories, Inc.(a) | 16,987 | 9,171,791 |
Shockwave Medical, Inc.(a) | 9,139 | 2,975,932 |
Total | 33,983,855 | |
Health Care Providers & Services 2.7% | ||
Cencora, Inc. | 51,475 | 12,507,910 |
Health Care Technology 1.0% | ||
Veeva Systems Inc., Class A(a) | 20,528 | 4,756,133 |
Life Sciences Tools & Services 7.3% | ||
Agilent Technologies, Inc. | 49,422 | 7,191,395 |
Bio-Techne Corp. | 121,699 | 8,566,393 |
Bruker Corp. | 26,518 | 2,491,101 |
Charles River Laboratories International, Inc.(a) | 31,549 | 8,548,201 |
West Pharmaceutical Services, Inc. | 19,428 | 7,687,854 |
Total | 34,484,944 | |
Total Health Care | 90,826,890 | |
Industrials 14.2% | ||
Aerospace & Defense 4.3% | ||
BWX Technologies, Inc. | 34,453 | 3,535,567 |
HEICO Corp. | 30,904 | 5,902,664 |
Howmet Aerospace, Inc. | 120,166 | 8,222,959 |
TransDigm Group, Inc. | 2,062 | 2,539,559 |
Total | 20,200,749 | |
Building Products 1.4% | ||
Builders FirstSource, Inc.(a) | 31,023 | 6,469,847 |
Commercial Services & Supplies 2.0% | ||
RB Global, Inc. | 47,897 | 3,648,315 |
Rollins, Inc. | 125,671 | 5,814,797 |
Total | 9,463,112 | |
Electrical Equipment 1.6% | ||
AMETEK, Inc. | 42,840 | 7,835,436 |
Ground Transportation 3.9% | ||
Saia, Inc.(a) | 7,931 | 4,639,635 |
XPO, Inc.(a) | 111,119 | 13,559,851 |
Total | 18,199,486 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Trading Companies & Distributors 1.0% | ||
Ferguson PLC | 21,181 | 4,626,566 |
Total Industrials | 66,795,196 | |
Information Technology 19.7% | ||
Communications Equipment 1.6% | ||
Arista Networks, Inc.(a) | 25,842 | 7,493,663 |
Electronic Equipment, Instruments & Components 0.7% | ||
Vontier Corp. | 70,018 | 3,176,016 |
IT Services 5.0% | ||
Cloudflare, Inc.(a) | 37,068 | 3,589,294 |
MongoDB, Inc.(a) | 35,721 | 12,810,980 |
Snowflake, Inc., Class A(a) | 44,249 | 7,150,638 |
Total | 23,550,912 | |
Semiconductors & Semiconductor Equipment 2.7% | ||
Lattice Semiconductor Corp.(a) | 45,246 | 3,539,595 |
Microchip Technology, Inc. | 60,023 | 5,384,663 |
Rambus, Inc.(a) | 62,516 | 3,864,114 |
Total | 12,788,372 | |
Software 9.7% | ||
Crowdstrike Holdings, Inc., Class A(a) | 34,625 | 11,100,429 |
Datadog, Inc., Class A(a) | 58,034 | 7,173,002 |
Fair Isaac Corp.(a) | 7,411 | 9,260,860 |
Gitlab, Inc., Class A(a) | 57,280 | 3,340,570 |
HubSpot, Inc.(a) | 23,052 | 14,443,461 |
Total | 45,318,322 | |
Total Information Technology | 92,327,285 | |
Real Estate 2.6% | ||
Real Estate Management & Development 2.6% | ||
CoStar Group, Inc.(a) | 127,685 | 12,334,371 |
Total Real Estate | 12,334,371 | |
Total Common Stocks (Cost $389,508,391) | 464,353,120 | |
Columbia Variable Portfolio – Select Mid Cap Growth Fund | First Quarter Report 2024
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Portfolio of Investments (continued)Columbia Variable Portfolio – Select Mid Cap Growth Fund, March 31, 2024 (Unaudited)
Money Market Funds 1.1% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.543%(b),(c) | 5,293,430 | 5,292,371 |
Total Money Market Funds (Cost $5,292,060) | 5,292,371 | |
Total Investments in Securities (Cost: $394,800,451) | 469,645,491 | |
Other Assets & Liabilities, Net | (61,239 ) | |
Net Assets | 469,584,252 |
Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
(c) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 5.543% | ||||||||
5,187,660 | 50,341,247 | (50,236,328 ) | (208 ) | 5,292,371 | (74 ) | 63,486 | 5,293,430 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
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Columbia Variable Portfolio – Select Mid Cap Growth Fund | First Quarter Report 2024