PORTFOLIO
OF
INVESTMENTS
Columbia
Emerging
Markets
Consumer
ETF
December
31,
2019
(Unaudited)
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
|
1
Common
Stocks
-
94
.1
%
Issuer
Shares
Value
($)
Brazil
-
6.4%
Lojas
Renner
SA
467,989
6,536,978
Petrobras
Distribuidora
SA
424,900
3,176,161
Raia
Drogasil
SA
153,581
4,262,258
TIM
Participacoes
SA
470,016
1,830,897
Total
15,806,294
Chile
-
1.0%
Cencosud
SA
683,233
899,529
S.A.C.I.
Falabella
369,404
1,592,178
Total
2,491,707
China
-
45.2%
58.com,
Inc.
ADR
(a)
28,138
1,821,373
Alibaba
Group
Holding,
Ltd.
ADR
(a)
57,504
12,196,598
ANTA
Sports
Products,
Ltd.
311,883
2,791,889
Autohome,
Inc.
ADR
(a)
17,259
1,380,893
Baidu,
Inc.
ADR
(a)
83,367
10,537,589
BYD
Co.,
Ltd.
Class
H
186,193
928,360
China
Mengniu
Dairy
Co.,
Ltd.
(a)
824,553
3,333,430
China
Mobile,
Ltd.
1,529,528
12,857,630
China
Resources
Beer
Holdings
Co.,
Ltd.
413,104
2,285,067
China
Telecom
Corp.,
Ltd.
Class
H
4,214,794
1,736,375
China
Tower
Corp.
Ltd.
Class
H
(b)
13,464,599
2,972,241
China
Unicom
Hong
Kong,
Ltd.
1,765,698
1,663,316
Dongfeng
Motor
Group
Co.,
Ltd.
Class
H
754,753
710,021
Geely
Automobile
Holdings,
Ltd.
1,555,466
3,042,340
Guangzhou
Automobile
Group
Co.,
Ltd.
Class
H
856,259
1,065,955
Hengan
International
Group
Co.,
Ltd.
213,181
1,518,461
JD.com,
Inc.
ADR
(a)
265,163
9,341,692
NetEase,
Inc.
ADR
20,986
6,435,147
New
Oriental
Education
&
Technology
Group,
Inc.
ADR
(a)
36,088
4,375,670
TAL
Education
Group
ADR
(a)
117,034
5,641,039
Tencent
Holdings,
Ltd.
270,367
13,032,912
Trip.com
Group
Ltd.
ADR
(a)
124,172
4,164,729
Want
Want
China
Holdings,
Ltd.
1,923,053
1,796,738
Yum
China
Holdings,
Inc.
114,170
5,481,302
Total
111,110,767
Hong
Kong
-
0.5%
Haier
Electronics
Group
Co.,
Ltd.
366,381
1,144,970
India
-
11.8%
Hero
MotoCorp,
Ltd.
57,561
1,970,132
Hindustan
Unilever,
Ltd.
414,826
11,175,835
ITC,
Ltd.
1,719,018
5,724,589
Mahindra
&
Mahindra,
Ltd.
358,052
2,666,398
Maruti
Suzuki
India,
Ltd.
71,080
7,337,821
Total
28,874,775
Indonesia
-
2.7%
PT
Astra
International
Tbk
4,846,680
2,417,667
PT
Telekomunikasi
Indonesia
Persero
Tbk
11,385,313
3,255,876
PT
Unilever
Indonesia
Tbk
274,038
829,072
Total
6,502,615
Mexico
-
2.9%
Coca-Cola
Femsa
SAB
de
CV
92,000
559,678
Fomento
Economico
Mexicano
SAB
de
CV
Series
UBD
325,570
3,080,364
Grupo
Televisa
SAB
Series
CPO
443,195
1,041,335
Wal-Mart
de
Mexico
SAB
de
CV
887,017
2,543,527
Total
7,224,904
Russia
-
4.6%
Magnit
PJSC
GDR
221,813
2,673,956
Common
Stocks
(continued)
Issuer
Shares
Value
($)
X5
Retail
Group
NV
GDR
65,493
2,259,508
Yandex
NV
Class
A
(a)
145,778
6,339,885
Total
11,273,349
South
Africa
-
3.7%
Shoprite
Holdings,
Ltd.
420,786
3,789,135
Vodacom
Group,
Ltd.
644,916
5,317,611
Total
9,106,746
Taiwan
-
11.1%
Chunghwa
Telecom
Co.,
Ltd.
2,236,036
8,205,089
Hotai
Motor
Co.,
Ltd.
208,958
4,760,927
President
Chain
Store
Corp.
330,243
3,349,030
Taiwan
Mobile
Co.,
Ltd.
958,815
3,582,323
Uni-President
Enterprises
Corp.
3,008,215
7,446,027
Total
27,343,396
Thailand
-
3.2%
Advanced
Info
Service
PCL
345,700
2,458,260
CP
ALL
PCL
1,421,805
3,429,467
Thai
Beverage
PCL
3,001,144
1,986,404
Total
7,874,131
United
Arab
Emirates
-
1.0%
Emirates
Telecommunications
Group
Co.
PJSC
571,712
2,546,373
Total
Common
Stocks
(Cost:
$
226,419,466
)
231,300,027
Exchange-Traded
Equity
Funds
3
.5
%
Issuer
Shares
Value
($)
United
States 3.5%
iShares
MSCI
Saudi
Arabia
ETF
280,601
8,676,183
Total
Exchange-Traded
Equity
Funds
(Cost
$8,709,855)
8,676,183
Preferred
Stocks
-
2
.2
%
Issuer
Shares
Value
($)
Brazil
-
2.2%
Cia
Brasileira
de
Distribuicao
Preference
Shares
92,034
2,005,315
Telefonica
Brasil
SA
Preference
Shares
243,629
3,511,474
Total
5,516,789
Total
Preferred
Stocks
(Cost:
$
5,313,299
)
5,516,789
Money
Market
Funds
-
0
.2
%
Issuer
Shares
Value
($)
Goldman
Sachs
Financial
Square
Funds
—
Treasury
Instruments
Fund,
Institutional
Shares,
1.434%
(c)
424,400
424,400
Total
Money
Market
Funds
(Cost
$424,400)
424,400
Total
Investments
in
Securities
(Cost:
$240,867,020)
245,917,399
Other
Assets
&
Liabilities,
Net
4,527
Net
Assets
245,921,926
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Emerging
Markets
Consumer
ETF
December
31,
2019
(Unaudited)
2
|
Notes
to
Portfolio
of
Investments
Abbreviation
Legend
(a)
Non-income
producing
investment.
(b)
Represents
privately
placed
and
other
securities
and
instruments
exempt
from
SEC
registration
(collectively,
private
placements),
such
as
Section
4(a)(2)
and
Rule
144A
eligible
securities,
which
are
often
sold
only
to
qualified
institutional
buyers.
The
Fund
may
invest
in
private
placements
determined
to
be
liquid
as
well
as
those
determined
to
be
illiquid.
Private
placements
may
be
determined
to
be
liquid
under
guidelines
established
by
the
Fund’s
Board
of
Trustees.
At
December
31,
2019,
the
net
value
of
these
securities
amounted
to
$2,972,241
which
represents
1.21%
of
net
assets.
(c)
The
rate
shown
is
the
seven-day
current
annualized
yield
at
December
31,
2019.
ADR
American
Depositary
Receipts
ETF
Exchange
Traded
Fund
GDR
Global
Depositary
Receipts
PJSC
Private
Joint
Stock
Company
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
in
the
most
recent
shareholder
report.