CTIVP® – CenterSquare Real Estate 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 InvestmentsCTIVP® – CenterSquare Real Estate Fund, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 99.0% | ||
Issuer | Shares | Value ($) |
Real Estate 99.0% | ||
Data Center REITs 12.5% | ||
Digital Realty Trust, Inc. | 53,240 | 7,668,690 |
Equinix, Inc. | 19,726 | 16,280,459 |
Total | 23,949,149 | |
Diversified REITs 0.5% | ||
Broadstone Net Lease, Inc. | 62,750 | 983,293 |
Health Care REITs 13.9% | ||
CareTrust REIT, Inc. | 56,180 | 1,369,107 |
Healthpeak Properties, Inc. | 256,600 | 4,811,250 |
Medical Properties Trust, Inc. | 237,450 | 1,116,015 |
Omega Healthcare Investors, Inc. | 92,500 | 2,929,475 |
Ventas, Inc. | 144,420 | 6,288,047 |
Welltower, Inc. | 107,060 | 10,003,686 |
Total | 26,517,580 | |
Hotel & Resort REITs 3.5% | ||
DiamondRock Hospitality Co. | 171,020 | 1,643,502 |
Host Hotels & Resorts, Inc. | 181,340 | 3,750,111 |
Xenia Hotels & Resorts, Inc. | 88,750 | 1,332,138 |
Total | 6,725,751 | |
Industrial REITs 14.2% | ||
Americold Realty Trust, Inc. | 39,710 | 989,573 |
First Industrial Realty Trust, Inc. | 83,240 | 4,373,430 |
Prologis, Inc. | 141,180 | 18,384,459 |
Rexford Industrial Realty, Inc. | 67,200 | 3,380,160 |
Total | 27,127,622 | |
Multi-Family Residential REITs 10.4% | ||
AvalonBay Communities, Inc. | 15,040 | 2,790,822 |
Camden Property Trust | 41,114 | 4,045,618 |
Elme Communities | 30,716 | 427,567 |
Equity Residential | 95,910 | 6,052,880 |
Independence Realty Trust, Inc. | 36,487 | 588,535 |
UDR, Inc. | 162,390 | 6,075,010 |
Total | 19,980,432 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Office REITs 5.4% | ||
Alexandria Real Estate Equities, Inc. | 15,290 | 1,971,034 |
Boston Properties, Inc. | 35,740 | 2,334,179 |
Cousins Properties, Inc. | 100,420 | 2,414,097 |
Douglas Emmett, Inc. | 98,250 | 1,362,728 |
Kilroy Realty Corp. | 54,740 | 1,994,178 |
Paramount Group, Inc. | 67,120 | 314,793 |
Total | 10,391,009 | |
Other Specialized REITs 4.6% | ||
Iron Mountain, Inc. | 33,250 | 2,666,982 |
Lamar Advertising Co., Class A | 11,170 | 1,333,810 |
Outfront Media, Inc. | 11,727 | 196,896 |
VICI Properties, Inc. | 154,130 | 4,591,533 |
Total | 8,789,221 | |
Retail REITs 18.0% | ||
Agree Realty Corp. | 65,443 | 3,738,104 |
Brixmor Property Group, Inc. | 185,130 | 4,341,298 |
Kimco Realty Corp. | 264,480 | 5,186,453 |
NNN REIT, Inc. | 59,100 | 2,525,934 |
Realty Income Corp. | 158,290 | 8,563,489 |
Retail Opportunity Investments Corp. | 170,750 | 2,189,015 |
Simon Property Group, Inc. | 43,440 | 6,797,926 |
Urban Edge Properties | 69,682 | 1,203,408 |
Total | 34,545,627 | |
Self Storage REITs 8.0% | ||
Extra Space Storage, Inc. | 55,220 | 8,117,340 |
Public Storage | 24,860 | 7,210,892 |
Total | 15,328,232 | |
Single-Family Residential REITs 5.9% | ||
Invitation Homes, Inc. | 153,240 | 5,456,876 |
Sun Communities, Inc. | 45,510 | 5,851,676 |
Total | 11,308,552 |
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CTIVP® – CenterSquare Real Estate Fund | First Quarter Report 2024
Portfolio of Investments (continued)CTIVP® – CenterSquare Real Estate Fund, March 31, 2024 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Telecom Tower REITs 2.1% | ||
American Tower Corp. | 13,590 | 2,685,248 |
SBA Communications Corp. | 5,830 | 1,263,361 |
Total | 3,948,609 | |
Total Real Estate | 189,595,077 | |
Total Common Stocks (Cost: $182,876,381) | 189,595,077 | |
Money Market Funds 0.6% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.543%(a),(b) | 1,079,403 | 1,079,187 |
Total Money Market Funds (Cost: $1,079,172) | 1,079,187 | |
Total Investments in Securities (Cost $183,955,553) | 190,674,264 | |
Other Assets & Liabilities, Net | 720,918 | |
Net Assets | $191,395,182 |
Notes to Portfolio of Investments
(a) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
(b) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | 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% | ||||||||
801,968 | 3,543,054 | (3,265,788 ) | (47 ) | 1,079,187 | (61 ) | 16,225 | 1,079,403 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
CTIVP® – CenterSquare Real Estate Fund | First Quarter Report 2024
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