Third Quarter Report
September 30, 2023 (Unaudited)
September 30, 2023 (Unaudited)
Columbia Acorn® Fund
Columbia Acorn International®
Columbia Acorn International SelectSM
Columbia Thermostat FundSM
Columbia Acorn European FundSM
Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value
Portfolio of Investments
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 97.1% | ||
Issuer | Shares | Value ($) |
Communication Services 1.9% | ||
Entertainment 1.3% | ||
Take-Two Interactive Software, Inc.(a) | 245,137 | 34,414,784 |
Media 0.6% | ||
Trade Desk, Inc. (The), Class A(a) | 185,088 | 14,464,627 |
Total Communication Services | 48,879,411 | |
Consumer Discretionary 16.9% | ||
Auto Components 0.9% | ||
Dorman Products, Inc.(a) | 324,095 | 24,553,437 |
Broadline Retail 0.5% | ||
Etsy, Inc.(a) | 188,582 | 12,178,626 |
Distributors 1.9% | ||
Pool Corp. | 141,732 | 50,470,765 |
Diversified Consumer Services 1.8% | ||
Bright Horizons Family Solutions, Inc.(a) | 569,228 | 46,369,313 |
Hotels, Restaurants & Leisure 4.9% | ||
Churchill Downs, Inc. | 484,353 | 56,204,322 |
Planet Fitness, Inc., Class A(a) | 459,659 | 22,606,030 |
Wingstop, Inc. | 207,450 | 37,307,808 |
Xponential Fitness, Inc., Class A(a) | 714,063 | 11,067,976 |
Total | 127,186,136 | |
Household Durables 2.5% | ||
Skyline Champion Corp.(a) | 720,249 | 45,894,266 |
TopBuild Corp.(a) | 80,656 | 20,293,050 |
Total | 66,187,316 | |
Specialty Retail 4.4% | ||
Boot Barn Holdings, Inc.(a) | 179,820 | 14,599,586 |
Five Below, Inc.(a) | 291,196 | 46,853,436 |
Williams-Sonoma, Inc. | 341,047 | 52,998,704 |
Total | 114,451,726 | |
Total Consumer Discretionary | 441,397,319 | |
Consumer Staples 2.9% | ||
Consumer Staples Distribution & Retail 2.3% | ||
BJ’s Wholesale Club Holdings, Inc.(a) | 852,605 | 60,850,419 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Household Products 0.6% | ||
WD-40 Co. | 72,050 | 14,643,442 |
Total Consumer Staples | 75,493,861 | |
Energy 3.2% | ||
Energy Equipment & Services 0.8% | ||
ChampionX Corp. | 351,933 | 12,535,853 |
Helix Energy Solutions Group, Inc.(a) | 823,874 | 9,202,673 |
Total | 21,738,526 | |
Oil, Gas & Consumable Fuels 2.4% | ||
Antero Resources Corp.(a) | 569,198 | 14,446,245 |
APA Corp. | 622,715 | 25,593,587 |
Diamondback Energy, Inc. | 142,523 | 22,073,962 |
Total | 62,113,794 | |
Total Energy | 83,852,320 | |
Financials 7.4% | ||
Banks 1.6% | ||
Lakeland Financial Corp. | 274,942 | 13,048,747 |
Pinnacle Financial Partners, Inc. | 211,702 | 14,192,502 |
Western Alliance Bancorp | 328,538 | 15,102,892 |
Total | 42,344,141 | |
Capital Markets 3.5% | ||
Ares Management Corp., Class A | 228,120 | 23,466,705 |
GCM Grosvenor, Inc., Class A(b) | 4,025,082 | 31,234,636 |
Houlihan Lokey, Inc., Class A | 352,831 | 37,795,257 |
Total | 92,496,598 | |
Insurance 2.3% | ||
Ryan Specialty Holdings, Inc., Class A(a) | 1,243,118 | 60,166,911 |
Total Financials | 195,007,650 | |
Health Care 18.9% | ||
Biotechnology 5.4% | ||
Apellis Pharmaceuticals, Inc.(a) | 64,012 | 2,435,017 |
Arrowhead Pharmaceuticals, Inc.(a) | 214,574 | 5,765,603 |
bluebird bio, Inc.(a) | 1,705,734 | 5,185,431 |
Exact Sciences Corp.(a) | 639,787 | 43,646,269 |
Exelixis, Inc.(a) | 377,951 | 8,258,229 |
Karuna Therapeutics, Inc.(a) | 26,208 | 4,431,511 |
2 | Columbia Acorn® Fund | Third Quarter Report 2023 |
Portfolio of Investments (continued)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Natera, Inc.(a) | 913,079 | 40,403,746 |
PTC Therapeutics, Inc.(a) | 239,182 | 5,360,069 |
Revolution Medicines, Inc.(a) | 258,724 | 7,161,480 |
Sarepta Therapeutics, Inc.(a) | 159,118 | 19,288,284 |
Total | 141,935,639 | |
Health Care Equipment & Supplies 3.4% | ||
Glaukos Corp.(a) | 375,484 | 28,255,171 |
Inspire Medical Systems, Inc.(a) | 140,946 | 27,969,325 |
Insulet Corp.(a) | 112,827 | 17,994,778 |
Outset Medical, Inc.(a) | 1,367,974 | 14,883,557 |
Total | 89,102,831 | |
Health Care Providers & Services 1.0% | ||
Chemed Corp. | 36,812 | 19,131,196 |
P3 Health Partners, Inc., Class A(a),(b),(c) | 4,566,080 | 6,712,138 |
Total | 25,843,334 | |
Life Sciences Tools & Services 7.8% | ||
Bio-Techne Corp. | 907,134 | 61,748,611 |
DNA Script(a),(d),(e),(f) | 1,139 | 275,511 |
Maravai LifeSciences Holdings, Inc., Class A(a) | 1,831,822 | 18,318,220 |
Repligen Corp.(a) | 403,738 | 64,198,379 |
Stevanato Group SpA | 369,920 | 10,994,022 |
West Pharmaceutical Services, Inc. | 133,345 | 50,032,378 |
Total | 205,567,121 | |
Pharmaceuticals 1.3% | ||
Catalent, Inc.(a) | 621,131 | 28,280,094 |
Pliant Therapeutics, Inc.(a) | 310,308 | 5,380,741 |
Total | 33,660,835 | |
Total Health Care | 496,109,760 | |
Industrials 20.2% | ||
Aerospace & Defense 3.4% | ||
Axon Enterprise, Inc.(a) | 224,310 | 44,635,447 |
Curtiss-Wright Corp. | 230,360 | 45,065,327 |
Total | 89,700,774 | |
Commercial Services & Supplies 1.5% | ||
Casella Waste Systems, Inc., Class A(a) | 497,768 | 37,979,698 |
Construction & Engineering 2.5% | ||
WillScot Mobile Mini Holdings Corp.(a) | 1,580,275 | 65,723,637 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Electrical Equipment 2.3% | ||
Atkore, Inc.(a) | 286,636 | 42,763,225 |
Generac Holdings, Inc.(a) | 102,819 | 11,203,158 |
Vertiv Holdings Co. | 178,924 | 6,655,973 |
Total | 60,622,356 | |
Machinery 3.3% | ||
IDEX Corp. | 118,263 | 24,601,070 |
Middleby Corp. (The)(a) | 134,019 | 17,154,432 |
SPX Technologies, Inc.(a) | 552,533 | 44,976,186 |
Total | 86,731,688 | |
Professional Services 5.7% | ||
Exponent, Inc. | 313,757 | 26,857,599 |
ICF International, Inc. | 270,787 | 32,713,778 |
KBR, Inc. | 731,593 | 43,120,091 |
Paycom Software, Inc. | 176,842 | 45,849,825 |
Total | 148,541,293 | |
Trading Companies & Distributors 1.5% | ||
SiteOne Landscape Supply, Inc.(a) | 245,756 | 40,168,818 |
Total Industrials | 529,468,264 | |
Information Technology 20.3% | ||
Communications Equipment 1.7% | ||
Calix, Inc.(a) | 968,166 | 44,380,729 |
IT Services 4.1% | ||
Endava PLC, ADR(a) | 327,442 | 18,778,799 |
Globant SA(a) | 223,088 | 44,137,961 |
MongoDB, Inc.(a) | 56,474 | 19,532,097 |
VeriSign, Inc.(a) | 122,073 | 24,723,445 |
Total | 107,172,302 | |
Semiconductors & Semiconductor Equipment 4.1% | ||
Aehr Test Systems(a) | 269,973 | 12,337,766 |
Axcelis Technologies, Inc.(a) | 29,398 | 4,793,344 |
Lattice Semiconductor Corp.(a) | 358,298 | 30,788,547 |
Marvell Technology, Inc. | 218,648 | 11,835,416 |
Monolithic Power Systems, Inc. | 42,562 | 19,663,644 |
Onto Innovation, Inc.(a) | 116,556 | 14,863,221 |
Rambus, Inc.(a) | 218,086 | 12,167,018 |
Total | 106,448,956 |
Columbia Acorn® Fund | Third Quarter Report 2023 | 3 |
Portfolio of Investments (continued)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Software 9.0% | ||
Bentley Systems, Inc., Class B | 762,336 | 38,238,774 |
DoubleVerify Holdings, Inc.(a) | 845,621 | 23,635,107 |
HubSpot, Inc.(a) | 73,825 | 36,358,812 |
Sprout Social, Inc., Class A(a) | 1,158,764 | 57,799,148 |
Workiva, Inc., Class A(a) | 385,014 | 39,017,319 |
Zeta Global Holdings Corp., Class A(a) | 829,782 | 6,928,680 |
Zscaler, Inc.(a) | 225,659 | 35,110,284 |
Total | 237,088,124 | |
Technology Hardware, Storage & Peripherals 1.4% | ||
Super Micro Computer, Inc.(a) | 132,085 | 36,220,349 |
Total Information Technology | 531,310,460 | |
Materials 3.2% | ||
Chemicals 1.5% | ||
Albemarle Corp. | 110,523 | 18,793,331 |
Avient Corp. | 538,224 | 19,010,071 |
Total | 37,803,402 | |
Containers & Packaging 1.7% | ||
Avery Dennison Corp. | 249,222 | 45,525,383 |
Total Materials | 83,328,785 | |
Real Estate 2.2% | ||
Real Estate Management & Development 2.2% | ||
Colliers International Group, Inc. | 603,802 | 57,512,141 |
Total Real Estate | 57,512,141 | |
Total Common Stocks (Cost $2,319,494,233) | 2,542,359,971 | |
Securities Lending Collateral 0.1% | ||
Issuer | Shares | Value ($) |
Dreyfus Government Cash Management Fund, Institutional Shares, 5.222%(g),(h) | 1,748,550 | 1,748,550 |
Total Securities Lending Collateral (Cost $1,748,550) | 1,748,550 | |
Money Market Funds 3.1% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.515%(b),(g) | 81,300,364 | 81,275,974 |
Total Money Market Funds (Cost $81,255,137) | 81,275,974 | |
Total Investments in Securities (Cost: $2,402,497,920) | 2,625,384,495 | |
Obligation to Return Collateral for Securities Loaned | (1,748,550) | |
Other Assets & Liabilities, Net | (6,209,809) | |
Net Assets | 2,617,426,136 |
Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 5.515% | ||||||||
75,773,186 | 567,474,455* | (561,987,507) | 15,840 | 81,275,974 | (24,918) | 3,567,157 | 81,300,364 | |
GCM Grosvenor, Inc., Class A | ||||||||
24,820,677 | 6,150,534* | — | 263,425 | 31,234,636 | — | 1,163,295 | 4,025,082 |
4 | Columbia Acorn® Fund | Third Quarter Report 2023 |
Portfolio of Investments (continued)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Columbia Acorn® Fund, September 30, 2023 (Unaudited)
Notes to Portfolio of Investments (continued)
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
P3 Health Partners, Inc., Class A† | ||||||||
4,600,000 | 5,223,662* | (4,288,225) | 20,400,000 | — | (2,434,850) | — | — | |
Total | 105,193,863 | 20,679,265 | 112,510,610 | (2,459,768) | 4,730,452 |
* | Includes the effect of affiliated issuers acquired in the fund reorganization. |
† | Issuer was not an affiliate at the end of period. |
(c) | All or a portion of this security was on loan at September 30, 2023. The total market value of securities on loan at September 30, 2023 was $1,713,579. |
(d) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At September 30, 2023, the total value of these securities amounted to $275,511, which represents 0.01% of total net assets. |
(e) | Denotes a restricted security, which is subject to legal or contractual restrictions on resale under federal securities laws. Disposal of a restricted investment may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. Private placement securities are generally considered to be restricted, although certain of those securities may be traded between qualified institutional investors under the provisions of Section 4(a)(2) and Rule 144A. The Fund will not incur any registration costs upon such a trade. These securities are valued at fair value determined in good faith under consistently applied procedures approved by the Fund’s Board of Trustees. At September 30, 2023, the total market value of these securities amounted to $275,511, which represents 0.01% of total net assets. Additional information on these securities is as follows: |
Security | Acquisition Dates | Shares | Cost ($) | Value ($) |
DNA Script | 10/01/2021 | 1,139 | 993,179 | 275,511 |
(f) | Valuation based on significant unobservable inputs. |
(g) | The rate shown is the seven-day current annualized yield at September 30, 2023. |
(h) | Investment made with cash collateral received from securities lending activity. |
Abbreviation Legend
ADR | American Depositary Receipt |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Acorn® Fund | Third Quarter Report 2023 | 5 |
Portfolio of Investments
Columbia Acorn International®, September 30, 2023 (Unaudited)
Columbia Acorn International®, September 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.0% | ||
Issuer | Shares | Value ($) |
Australia 5.4% | ||
carsales.com Ltd. | 1,015,596 | 18,193,775 |
IDP Education Ltd. | 2,232,503 | 30,552,264 |
Pro Medicus Ltd. | 345,798 | 18,451,848 |
Total | 67,197,887 | |
Brazil 1.2% | ||
TOTVS SA | 2,731,540 | 14,628,932 |
Canada 9.0% | ||
Agnico Eagle Mines Ltd. | 106,337 | 4,832,041 |
Altus Group Ltd. | 607,490 | 21,030,134 |
ARC Resources Ltd. | 1,428,711 | 22,804,678 |
CCL Industries, Inc., Class B | 510,473 | 21,426,148 |
Richelieu Hardware Ltd. | 435,036 | 12,741,198 |
Wheaton Precious Metals Corp. | 173,921 | 7,057,998 |
Whitecap Resources, Inc. | 2,704,699 | 22,840,344 |
Total | 112,732,541 | |
China 3.0% | ||
China Meidong Auto Holdings Ltd.(a) | 11,794,000 | 6,444,475 |
Shenzhou International Group Holdings Ltd. | 1,872,900 | 17,810,578 |
Silergy Corp. | 1,354,000 | 12,834,343 |
Total | 37,089,396 | |
Denmark 1.4% | ||
Netcompany Group AS(a),(b) | 459,837 | 17,429,328 |
Finland 2.0% | ||
Valmet OYJ(a) | 1,099,927 | 25,111,942 |
France 2.1% | ||
Edenred SE | 262,248 | 16,405,192 |
Robertet SA | 11,095 | 9,466,262 |
Total | 25,871,454 | |
Germany 6.3% | ||
Amadeus Fire AG | 77,512 | 9,145,920 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 478,898 | 16,283,523 |
Hypoport SE(b) | 119,825 | 16,153,643 |
Jenoptik AG | 668,784 | 16,900,981 |
Nemetschek SE | 270,043 | 16,434,429 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Tonies SE, Class A(b) | 892,941 | 4,342,685 |
Total | 79,261,181 | |
India 1.4% | ||
Astral Ltd. | 107,201 | 2,461,741 |
Cholamandalam Investment and Finance Co., Ltd. | 314,768 | 4,604,223 |
ICICI Prudential Life Insurance Co., Ltd. | 1,527,395 | 10,394,995 |
Total | 17,460,959 | |
Italy 2.3% | ||
Amplifon SpA | 773,371 | 22,892,613 |
Carel Industries SpA | 228,507 | 5,469,441 |
Total | 28,362,054 | |
Japan 17.7% | ||
Aruhi Corp.(a) | 985,000 | 6,028,339 |
Daiseki Co., Ltd. | 1,058,819 | 28,306,659 |
Disco Corp. | 125,500 | 23,186,893 |
Fuso Chemical Co., Ltd. | 572,700 | 15,027,389 |
Hikari Tsushin, Inc. | 222,928 | 33,950,955 |
Hoshizaki Corp. | 424,600 | 14,739,688 |
Insource Co., Ltd. | 1,143,900 | 7,914,696 |
Milbon Co., Ltd. | 200,900 | 5,583,200 |
Obic Co., Ltd. | 91,300 | 13,833,822 |
Recruit Holdings Co., Ltd. | 868,500 | 26,571,785 |
Simplex Holdings, Inc. | 821,600 | 14,866,843 |
Solasto Corp. | 2,012,300 | 8,323,639 |
Suntory Beverage & Food Ltd. | 614,300 | 18,694,949 |
Yamaha Corp. | 178,500 | 4,875,126 |
Total | 221,903,983 | |
Mexico 4.2% | ||
Corporación Inmobiliaria Vesta SAB de CV | 9,072,758 | 29,861,621 |
Grupo Aeroportuario del Centro Norte SAB de CV | 1,504,129 | 16,351,011 |
La Comer SAB de CV | 2,922,823 | 6,124,888 |
Total | 52,337,520 |
6 | Columbia Acorn International® | Third Quarter Report 2023 |
Portfolio of Investments (continued)
Columbia Acorn International®, September 30, 2023 (Unaudited)
Columbia Acorn International®, September 30, 2023 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Netherlands 3.4% | ||
BE Semiconductor Industries NV | 126,457 | 12,368,311 |
IMCD NV | 230,066 | 29,088,345 |
Vivoryon Therapeutics NV(a),(b) | 118,612 | 1,405,426 |
Total | 42,862,082 | |
New Zealand 1.3% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 1,246,015 | 16,064,977 |
Norway 0.4% | ||
AutoStore Holdings Ltd.(b),(c) | 3,294,326 | 4,630,478 |
South Korea 2.5% | ||
Jeisys Medical, Inc.(b) | 2,396,433 | 21,341,257 |
KEPCO Plant Service & Engineering Co., Ltd. | 396,859 | 9,642,113 |
Total | 30,983,370 | |
Spain 0.5% | ||
Befesa SA | 193,542 | 5,899,339 |
Sweden 8.0% | ||
AddTech AB, B Shares | 1,497,377 | 23,897,044 |
Dometic Group AB | 1,040,797 | 6,575,670 |
Hexagon AB, Class B | 4,125,311 | 35,109,453 |
Munters Group AB | 1,530,474 | 19,631,113 |
Sectra AB, Class B(b) | 1,302,057 | 15,373,913 |
Total | 100,587,193 | |
Switzerland 3.8% | ||
Belimo Holding AG, Registered Shares | 56,717 | 26,917,604 |
Inficon Holding AG | 16,427 | 20,027,309 |
Total | 46,944,913 | |
Taiwan 5.7% | ||
Parade Technologies Ltd. | 882,000 | 26,996,241 |
Sinbon Electronics Co., Ltd. | 1,816,000 | 18,203,512 |
Universal Vision Biotechnology Co., Ltd. | 1,171,883 | 12,208,908 |
Voltronic Power Technology Corp. | 291,408 | 14,350,961 |
Total | 71,759,622 | |
United Kingdom 12.6% | ||
Auto Trader Group PLC | 2,424,562 | 18,218,095 |
Diploma PLC | 189,215 | 6,907,787 |
Genus PLC | 681,297 | 17,377,022 |
Halma PLC | 711,700 | 16,768,173 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Intermediate Capital Group PLC | 1,193,307 | 20,030,204 |
Rentokil Initial PLC | 2,244,634 | 16,665,540 |
Rightmove PLC | 4,185,562 | 28,563,525 |
Safestore Holdings PLC | 1,831,829 | 16,366,001 |
Spirax-Sarco Engineering PLC | 149,106 | 17,259,506 |
Total | 158,155,853 | |
United States 2.1% | ||
Inter Parfums, Inc. | 199,101 | 26,747,228 |
Vietnam 1.7% | ||
Asia Commercial Bank JSC | 7,791,324 | 6,984,352 |
FPT Corp. | 3,829,589 | 14,599,059 |
Total | 21,583,411 | |
Total Common Stocks (Cost $1,048,074,757) | 1,225,605,643 | |
Securities Lending Collateral 3.2% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 5.222%(d),(e) | 39,801,037 | 39,801,037 |
Total Securities Lending Collateral (Cost $39,801,037) | 39,801,037 | |
Money Market Funds 1.9% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.515%(d),(f) | 24,511,688 | 24,504,335 |
Total Money Market Funds (Cost $24,501,144) | 24,504,335 | |
Total Investments in Securities (Cost $1,112,376,938) | 1,289,911,015 | |
Obligation to Return Collateral for Securities Loaned | (39,801,037) | |
Other Assets & Liabilities, Net | 596,712 | |
Net Assets | $1,250,706,690 |
Columbia Acorn International® | Third Quarter Report 2023 | 7 |
Portfolio of Investments (continued)
Columbia Acorn International®, September 30, 2023 (Unaudited)
Columbia Acorn International®, September 30, 2023 (Unaudited)
At September 30, 2023, securities and/or cash totaling $383,175 were pledged as collateral.
Investments in derivatives
Long futures contracts | ||||||
Description | Number of contracts | Expiration date | Trading currency | Notional amount | Value/Unrealized appreciation ($) | Value/Unrealized depreciation ($) |
MSCI Emerging Markets Index | 279 | 12/2023 | USD | 13,329,225 | — | (457,394) |
Notes to Portfolio of Investments
(a) | All or a portion of this security was on loan at September 30, 2023. The total market value of securities on loan at September 30, 2023 was $37,544,825. |
(b) | Non-income producing investment. |
(c) | Represents privately placed and other securities and instruments exempt from Securities and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. At September 30, 2023, the total value of these securities amounted to $4,630,478, which represents 0.37% of total net assets. |
(d) | The rate shown is the seven-day current annualized yield at September 30, 2023. |
(e) | Investment made with cash collateral received from securities lending activity. |
(f) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 5.515% | ||||||||
10,828,339 | 265,131,735 | (251,457,869) | 2,130 | 24,504,335 | (7,469) | 1,483,894 | 24,511,688 |
Currency Legend
USD | US Dollar |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
8 | Columbia Acorn International® | Third Quarter Report 2023 |
Portfolio of Investments
Columbia Acorn International SelectSM, September 30, 2023 (Unaudited)
Columbia Acorn International SelectSM, September 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 99.0% | ||
Issuer | Shares | Value ($) |
Australia 3.5% | ||
IDP Education Ltd. | 518,737 | 7,099,023 |
Brazil 2.0% | ||
TOTVS SA | 755,891 | 4,048,221 |
Canada 3.0% | ||
CCL Industries, Inc., Class B | 144,941 | 6,083,627 |
China 8.5% | ||
NetEase, Inc., ADR | 70,909 | 7,102,246 |
Shenzhou International Group Holdings Ltd. | 681,300 | 6,478,908 |
Silergy Corp. | 400,000 | 3,791,534 |
Total | 17,372,688 | |
Finland 3.4% | ||
Valmet OYJ(a) | 302,763 | 6,912,247 |
France 2.3% | ||
Edenred SE | 73,162 | 4,576,724 |
Germany 2.7% | ||
Nemetschek SE | 91,825 | 5,588,338 |
Italy 2.3% | ||
Amplifon SpA | 155,081 | 4,590,564 |
Japan 19.3% | ||
Disco Corp. | 43,500 | 8,036,891 |
Hikari Tsushin, Inc. | 35,900 | 5,467,412 |
Hoshizaki Corp. | 112,000 | 3,888,001 |
Obic Co., Ltd. | 34,800 | 5,272,913 |
Recruit Holdings Co., Ltd. | 341,500 | 10,448,204 |
Suntory Beverage & Food Ltd. | 203,900 | 6,205,274 |
Total | 39,318,695 | |
Mexico 2.6% | ||
Corporación Inmobiliaria Vesta SAB de CV | 1,594,206 | 5,247,090 |
Netherlands 4.0% | ||
IMCD NV | 64,443 | 8,147,837 |
New Zealand 3.0% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 473,981 | 6,111,077 |
Sweden 11.4% | ||
AddTech AB, B Shares | 251,958 | 4,021,066 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Hexagon AB, Class B | 1,043,102 | 8,877,571 |
Sectra AB, Class B(b) | 616,853 | 7,283,432 |
Sweco AB, Class B | 328,638 | 3,064,938 |
Total | 23,247,007 | |
Switzerland 9.1% | ||
Belimo Holding AG, Registered Shares | 18,987 | 9,011,135 |
Lonza Group AG, Registered Shares | 20,321 | 9,399,420 |
Total | 18,410,555 | |
Taiwan 6.8% | ||
Parade Technologies Ltd. | 222,000 | 6,794,972 |
Voltronic Power Technology Corp. | 140,852 | 6,936,534 |
Total | 13,731,506 | |
United Kingdom 12.8% | ||
Diploma PLC | 179,437 | 6,550,815 |
Halma PLC | 192,734 | 4,540,954 |
Intermediate Capital Group PLC | 245,455 | 4,120,074 |
Rightmove PLC | 1,006,526 | 6,868,834 |
Spirax-Sarco Engineering PLC | 33,960 | 3,930,981 |
Total | 26,011,658 | |
United States 2.3% | ||
Inter Parfums, Inc. | 35,268 | 4,737,903 |
Total Common Stocks (Cost $193,540,894) | 201,234,760 | |
Securities Lending Collateral 3.3% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 5.222%(c),(d) | 6,642,000 | 6,642,000 |
Total Securities Lending Collateral (Cost $6,642,000) | 6,642,000 | |
Columbia Acorn International SelectSM | Third Quarter Report 2023 | 9 |
Portfolio of Investments (continued)
Columbia Acorn International SelectSM, September 30, 2023 (Unaudited)
Columbia Acorn International SelectSM, September 30, 2023 (Unaudited)
Money Market Funds 0.7% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.515%(c),(e) | 1,455,982 | 1,455,545 |
Total Money Market Funds (Cost $1,455,329) | 1,455,545 | |
Total Investments in Securities (Cost $201,638,223) | 209,332,305 | |
Obligation to Return Collateral for Securities Loaned | (6,642,000) | |
Other Assets & Liabilities, Net | 532,996 | |
Net Assets | $203,223,301 |
Notes to Portfolio of Investments
(a) | All or a portion of this security was on loan at September 30, 2023. The total market value of securities on loan at September 30, 2023 was $6,191,782. |
(b) | Non-income producing investment. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2023. |
(d) | Investment made with cash collateral received from securities lending activity. |
(e) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 5.515% | ||||||||
2,143,192 | 51,872,657 | (52,560,503) | 199 | 1,455,545 | 84 | 145,159 | 1,455,982 |
Abbreviation Legend
ADR | American Depositary Receipt |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
10 | Columbia Acorn International SelectSM | Third Quarter Report 2023 |
Portfolio of Investments
Columbia Thermostat FundSM, September 30, 2023 (Unaudited)
Columbia Thermostat FundSM, September 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Equity Funds 17.8% | ||
Shares | Value ($) | |
International 2.0% | ||
Columbia Emerging Markets Fund, Institutional 3 Class(a),(b) | 2,200,494 | 25,833,794 |
U.S. Large Cap 13.8% | ||
Columbia Contrarian Core Fund, Institutional 3 Class(a) | 2,155,710 | 63,658,129 |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class(a) | 2,726,697 | 63,859,231 |
Columbia Large Cap Index Fund, Institutional 3 Class(a) | 1,070,383 | 50,950,249 |
Total | 178,467,609 | |
U.S. Small Cap 2.0% | ||
Columbia Small Cap Index Fund, Institutional 3 Class(a) | 1,210,464 | 25,746,570 |
Total Equity Funds (Cost $206,768,071) | 230,047,973 | |
Exchange-Traded Equity Funds 2.0% | ||
U.S. Large Cap 2.0% | ||
Columbia Research Enhanced Core ETF(a) | 1,018,436 | 25,593,297 |
Total Exchange-Traded Equity Funds (Cost $22,467,279) | 25,593,297 | |
Exchange-Traded Fixed Income Funds 8.0% | ||
Multisector 8.0% | ||
Columbia Diversified Fixed Income Allocation ETF(a) | 6,122,276 | 103,068,516 |
Total Exchange-Traded Fixed Income Funds (Cost $117,680,186) | 103,068,516 | |
Fixed Income Funds 71.8% | ||
Shares | Value ($) | |
Investment Grade 71.8% | ||
Columbia Corporate Income Fund, Institutional 3 Class(a) | 12,061,379 | 103,486,628 |
Columbia Quality Income Fund, Institutional 3 Class(a) | 12,436,945 | 206,577,664 |
Columbia Total Return Bond Fund, Institutional 3 Class(a) | 9,001,381 | 258,789,719 |
Columbia U.S. Treasury Index Fund, Institutional 3 Class(a) | 37,521,320 | 362,080,736 |
Total | 930,934,747 | |
Total Fixed Income Funds (Cost $1,031,690,360) | 930,934,747 | |
Money Market Funds 0.2% | ||
Columbia Short-Term Cash Fund, 5.515%(a),(c) | 3,257,855 | 3,256,878 |
Total Money Market Funds (Cost $3,256,877) | 3,256,878 | |
Total Investments in Securities (Cost: $1,381,862,773) | 1,292,901,411 | |
Other Assets & Liabilities, Net | 2,685,199 | |
Net Assets | 1,295,586,610 |
Notes to Portfolio of Investments
(a) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Capital gain distributions($) | Realized gain (loss)($) | Dividends — affiliated issuers ($) | End of period shares |
Columbia Acorn® Fund, Institutional 3 Class | |||||||||
20,526,610 | 28,341,323 | (47,869,698) | (998,235) | — | — | 4,610,957 | — | — | |
Columbia Contrarian Core Fund, Institutional 3 Class | |||||||||
30,404,160 | 149,788,992 | (124,499,991) | 7,964,968 | 63,658,129 | — | 6,058,091 | — | 2,155,710 |
Columbia Thermostat FundSM | Third Quarter Report 2023 | 11 |
Portfolio of Investments (continued)
Columbia Thermostat FundSM, September 30, 2023 (Unaudited)
Columbia Thermostat FundSM, September 30, 2023 (Unaudited)
Notes to Portfolio of Investments (continued)
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Capital gain distributions($) | Realized gain (loss)($) | Dividends — affiliated issuers ($) | End of period shares |
Columbia Corporate Income Fund, Institutional 3 Class | |||||||||
114,873,896 | 60,429,106 | (75,386,769) | 3,570,395 | 103,486,628 | — | (5,907,498) | 3,324,727 | 12,061,379 | |
Columbia Diversified Fixed Income Allocation ETF | |||||||||
115,127,713 | 58,667,528 | (73,382,270) | 2,655,545 | 103,068,516 | — | (5,980,051) | 2,593,885 | 6,122,276 | |
Columbia Emerging Markets Fund, Institutional 3 Class | |||||||||
20,889,634 | 64,795,460 | (60,115,974) | 264,674 | 25,833,794 | — | 3,018,196 | — | 2,200,494 | |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class | |||||||||
30,435,205 | 151,627,657 | (122,960,396) | 4,756,765 | 63,859,231 | 1,115,970 | 7,397,872 | 193,248 | 2,726,697 | |
Columbia Large Cap Index Fund, Institutional 3 Class | |||||||||
61,073,643 | 156,040,111 | (172,085,708) | 5,922,203 | 50,950,249 | 2,118,267 | 9,472,485 | 166,783 | 1,070,383 | |
Columbia Quality Income Fund, Institutional 3 Class | |||||||||
230,219,391 | 128,247,376 | (159,767,556) | 7,878,453 | 206,577,664 | — | (22,289,265) | 5,996,050 | 12,436,945 | |
Columbia Research Enhanced Core ETF | |||||||||
20,231,103 | 62,979,269 | (59,610,738) | 1,993,663 | 25,593,297 | — | 2,658,842 | — | 1,018,436 | |
Columbia Select Mid Cap Value Fund, Institutional 3 Class | |||||||||
20,582,824 | 29,766,266 | (45,987,280) | (4,361,810) | — | — | 5,564,362 | 95,470 | — | |
Columbia Short Term Bond Fund, Institutional 3 Class | |||||||||
172,099,694 | 50,641,529 | (228,529,199) | 5,787,976 | — | — | (4,228,570) | 2,342,611 | — | |
Columbia Short-Term Cash Fund, 5.515% | |||||||||
3,993,005 | 143,729,907 | (144,466,034) | — | 3,256,878 | — | (142) | 207,931 | 3,257,855 | |
Columbia Small Cap Index Fund, Institutional 3 Class | |||||||||
— | 57,561,774 | (32,053,945) | 238,741 | 25,746,570 | 688,301 | 1,909,342 | 20,313 | 1,210,464 | |
Columbia Total Return Bond Fund, Institutional 3 Class | |||||||||
114,885,482 | 287,436,983 | (151,921,675) | 8,388,929 | 258,789,719 | — | (19,812,925) | 6,308,322 | 9,001,381 | |
Columbia U.S. Treasury Index Fund, Institutional 3 Class | |||||||||
401,455,944 | 222,742,012 | (271,296,934) | 9,179,714 | 362,080,736 | — | (21,527,369) | 7,070,982 | 37,521,320 | |
Total | 1,356,798,304 | 53,241,981 | 1,292,901,411 | 3,922,538 | (39,055,673) | 28,320,322 |
(b) | Non-income producing investment. |
(c) | The rate shown is the seven-day current annualized yield at September 30, 2023. |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
12 | Columbia Thermostat FundSM | Third Quarter Report 2023 |
Portfolio of Investments
Columbia Acorn European FundSM, September 30, 2023 (Unaudited)
Columbia Acorn European FundSM, September 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 97.8% | ||
Issuer | Shares | Value ($) |
Denmark 3.2% | ||
Netcompany Group AS(a),(b) | 48,080 | 1,822,389 |
Finland 2.8% | ||
Valmet OYJ(b) | 69,797 | 1,593,504 |
France 4.6% | ||
Edenred SE | 21,512 | 1,345,705 |
Robertet SA | 1,463 | 1,248,233 |
Total | 2,593,938 | |
Germany 11.5% | ||
Amadeus Fire AG | 9,825 | 1,159,287 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 20,056 | 681,946 |
Hypoport SE(a) | 4,795 | 646,415 |
Jenoptik AG | 42,275 | 1,068,340 |
Nemetschek SE | 19,063 | 1,160,147 |
Washtec AG | 49,521 | 1,753,929 |
Total | 6,470,064 | |
Italy 7.4% | ||
Amplifon SpA | 62,267 | 1,843,170 |
Carel Industries SpA | 97,707 | 2,338,671 |
Total | 4,181,841 | |
Netherlands 8.6% | ||
Argenx SE(a) | 1,696 | 829,051 |
BE Semiconductor Industries NV | 18,689 | 1,827,905 |
IMCD NV | 17,565 | 2,220,827 |
Total | 4,877,783 | |
Norway 0.9% | ||
AutoStore Holdings Ltd.(a),(c) | 346,616 | 487,201 |
Spain 0.6% | ||
Befesa SA | 11,523 | 351,232 |
Sweden 18.5% | ||
AddTech AB, B Shares | 140,155 | 2,236,772 |
Dometic Group AB | 146,572 | 926,030 |
Hexagon AB, Class B | 262,186 | 2,231,397 |
Munters Group AB | 209,018 | 2,681,036 |
Sectra AB, Class B(a) | 147,018 | 1,735,901 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Sweco AB, Class B | 70,887 | 661,105 |
Total | 10,472,241 | |
Switzerland 8.4% | ||
Belimo Holding AG, Registered Shares | 4,315 | 2,047,877 |
Inficon Holding AG | 1,212 | 1,477,634 |
Kardex Holding AG | 5,606 | 1,222,266 |
Total | 4,747,777 | |
United Kingdom 27.3% | ||
Auto Trader Group PLC | 252,056 | 1,893,942 |
Diploma PLC | 65,992 | 2,409,210 |
Genus PLC | 48,562 | 1,238,612 |
Halma PLC | 65,320 | 1,538,987 |
Intermediate Capital Group PLC | 94,066 | 1,578,941 |
Rentokil Initial PLC | 188,606 | 1,400,327 |
Rightmove PLC | 321,571 | 2,194,497 |
Safestore Holdings PLC | 136,567 | 1,220,122 |
Spirax-Sarco Engineering PLC | 17,157 | 1,985,979 |
Total | 15,460,617 | |
United States 4.0% | ||
Inter Parfums, Inc. | 16,919 | 2,272,898 |
Total Common Stocks (Cost $42,280,621) | 55,331,485 | |
Securities Lending Collateral 5.7% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 5.222%(d),(e) | 3,203,000 | 3,203,000 |
Total Securities Lending Collateral (Cost $3,203,000) | 3,203,000 | |
Money Market Funds 0.0% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.515%(d),(f) | 1,421 | 1,421 |
Total Money Market Funds (Cost $1,421) | 1,421 | |
Total Investments in Securities (Cost $45,485,042) | 58,535,906 | |
Obligation to Return Collateral for Securities Loaned | (3,203,000) | |
Other Assets & Liabilities, Net | 1,236,336 | |
Net Assets | $56,569,242 |
Columbia Acorn European FundSM | Third Quarter Report 2023 | 13 |
Portfolio of Investments (continued)
Columbia Acorn European FundSM, September 30, 2023 (Unaudited)
Columbia Acorn European FundSM, September 30, 2023 (Unaudited)
Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | All or a portion of this security was on loan at September 30, 2023. The total market value of securities on loan at September 30, 2023 was $3,054,564. |
(c) | Represents privately placed and other securities and instruments exempt from Securities and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified institutional buyers. At September 30, 2023, the total value of these securities amounted to $487,201, which represents 0.86% of total net assets. |
(d) | The rate shown is the seven-day current annualized yield at September 30, 2023. |
(e) | Investment made with cash collateral received from securities lending activity. |
(f) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 5.515% | ||||||||
1,602,880 | 15,256,008 | (16,857,433) | (34) | 1,421 | 239 | 65,789 | 1,421 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
14 | Columbia Acorn European FundSM | Third Quarter Report 2023 |
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You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.
3QT110_12_N01_(11/23)