Columbia Acorn Family of Funds
First Quarter Report
March 31, 2024 (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 InvestmentsColumbia Acorn® Fund, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.2% | ||
Issuer | Shares | Value ($) |
Communication Services 2.2% | ||
Entertainment 1.4% | ||
Take-Two Interactive Software, Inc.(a) | 281,598 | 41,814,487 |
Media 0.8% | ||
Trade Desk, Inc. (The), Class A(a) | 255,371 | 22,324,533 |
Total Communication Services | 64,139,020 | |
Consumer Discretionary 18.9% | ||
Automobile Components 1.8% | ||
Dorman Products, Inc.(a) | 357,562 | 34,465,401 |
Modine Manufacturing Co.(a) | 202,151 | 19,242,754 |
Total | 53,708,155 | |
Distributors 1.5% | ||
Pool Corp. | 105,625 | 42,619,688 |
Diversified Consumer Services 1.8% | ||
Bright Horizons Family Solutions, Inc.(a) | 473,605 | 53,687,863 |
Hotels, Restaurants & Leisure 5.0% | ||
Churchill Downs, Inc. | 559,746 | 69,268,568 |
Dutch Bros, Inc., Class A(a) | 338,035 | 11,155,155 |
Planet Fitness, Inc., Class A(a) | 430,345 | 26,952,507 |
Portillo’s, Inc., Class A(a) | 1,534,078 | 21,753,226 |
Xponential Fitness, Inc., Class A(a) | 1,045,499 | 17,292,553 |
Total | 146,422,009 | |
Household Durables 3.2% | ||
Skyline Champion Corp.(a) | 585,936 | 49,810,419 |
TopBuild Corp.(a) | 102,501 | 45,175,266 |
Total | 94,985,685 | |
Leisure Products 0.7% | ||
Brunswick Corp. | 201,624 | 19,460,748 |
Specialty Retail 4.9% | ||
Boot Barn Holdings, Inc.(a) | 381,072 | 36,259,001 |
Five Below, Inc.(a) | 330,673 | 59,977,469 |
Williams-Sonoma, Inc. | 148,361 | 47,109,068 |
Total | 143,345,538 | |
Total Consumer Discretionary | 554,229,686 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Consumer Staples 3.5% | ||
Beverages 1.0% | ||
Celsius Holdings, Inc.(a) | 342,497 | 28,399,851 |
Consumer Staples Distribution & Retail 2.1% | ||
BJ’s Wholesale Club Holdings, Inc.(a) | 803,016 | 60,748,161 |
Household Products 0.4% | ||
WD-40 Co. | 49,600 | 12,564,176 |
Total Consumer Staples | 101,712,188 | |
Energy 2.0% | ||
Energy Equipment & Services 1.5% | ||
ChampionX Corp. | 413,259 | 14,831,866 |
Helix Energy Solutions Group, Inc.(a) | 1,466,254 | 15,894,193 |
TechnipFMC PLC | 593,740 | 14,908,811 |
Total | 45,634,870 | |
Oil, Gas & Consumable Fuels 0.5% | ||
Permian Resources Corp. | 785,343 | 13,869,158 |
Total Energy | 59,504,028 | |
Financials 7.4% | ||
Banks 1.2% | ||
Lakeland Financial Corp. | 232,728 | 15,434,521 |
Western Alliance Bancorp | 310,239 | 19,914,241 |
Total | 35,348,762 | |
Capital Markets 4.1% | ||
Blue Owl Capital, Inc. | 2,211,962 | 41,717,603 |
GCM Grosvenor, Inc., Class A(b) | 4,025,082 | 38,882,292 |
Houlihan Lokey, Inc., Class A | 304,761 | 39,067,313 |
Total | 119,667,208 | |
Insurance 2.1% | ||
Ryan Specialty Holdings, Inc., Class A | 1,124,700 | 62,420,850 |
Total Financials | 217,436,820 |
2
Columbia Acorn® Fund | First Quarter Report 2024
Portfolio of Investments (continued)Columbia Acorn® Fund, March 31, 2024 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Health Care 20.6% | ||
Biotechnology 6.5% | ||
Apellis Pharmaceuticals, Inc.(a) | 64,012 | 3,762,625 |
Arrowhead Pharmaceuticals, Inc.(a) | 214,574 | 6,136,816 |
bluebird bio, Inc.(a),(c) | 5,365,983 | 6,868,458 |
Cytokinetics, Inc.(a) | 93,217 | 6,535,444 |
Exact Sciences Corp.(a) | 717,960 | 49,582,318 |
Exelixis, Inc.(a) | 505,034 | 11,984,457 |
Insmed, Inc.(a) | 311,042 | 8,438,569 |
Natera, Inc.(a) | 625,608 | 57,218,108 |
Neurocrine Biosciences, Inc.(a) | 40,191 | 5,543,143 |
Revolution Medicines, Inc.(a) | 258,724 | 8,338,675 |
Sarepta Therapeutics, Inc.(a) | 144,489 | 18,705,546 |
Viking Therapeutics, Inc.(a) | 87,952 | 7,212,064 |
Total | 190,326,223 | |
Health Care Equipment & Supplies 4.4% | ||
Glaukos Corp.(a) | 307,866 | 29,028,685 |
Inspire Medical Systems, Inc.(a) | 183,916 | 39,503,318 |
Insulet Corp.(a) | 139,818 | 23,964,805 |
Outset Medical, Inc.(a),(b) | 3,023,976 | 6,713,227 |
Shockwave Medical, Inc.(a) | 91,847 | 29,908,138 |
Total | 129,118,173 | |
Health Care Providers & Services 0.2% | ||
P3 Health Partners, Inc., Class A(a),(b),(c) | 6,309,520 | 6,498,806 |
Life Sciences Tools & Services 9.1% | ||
BioLife Solutions, Inc.(a) | 842,926 | 15,636,277 |
Bio-Techne Corp. | 907,134 | 63,853,162 |
Charles River Laboratories International, Inc.(a) | 96,946 | 26,267,519 |
DNA Script(a),(d),(e),(f) | 1,139 | 227,195 |
Maravai LifeSciences Holdings, Inc., Class A(a) | 2,513,250 | 21,789,877 |
Repligen Corp.(a) | 346,722 | 63,769,110 |
Stevanato Group SpA | 642,229 | 20,615,551 |
West Pharmaceutical Services, Inc. | 139,981 | 55,391,882 |
Total | 267,550,573 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Pharmaceuticals 0.4% | ||
Intra-Cellular Therapies, Inc.(a) | 102,376 | 7,084,419 |
Pliant Therapeutics, Inc.(a) | 310,308 | 4,623,589 |
Total | 11,708,008 | |
Total Health Care | 605,201,783 | |
Industrials 20.8% | ||
Aerospace & Defense 2.5% | ||
Axon Enterprise, Inc.(a) | 54,387 | 17,016,604 |
Curtiss-Wright Corp. | 221,354 | 56,653,343 |
Total | 73,669,947 | |
Commercial Services & Supplies 1.8% | ||
Casella Waste Systems, Inc., Class A(a) | 517,501 | 51,165,324 |
Construction & Engineering 3.5% | ||
MYR Group, Inc.(a) | 181,896 | 32,150,118 |
WillScot Mobile Mini Holdings Corp.(a) | 1,489,768 | 69,274,212 |
Total | 101,424,330 | |
Electrical Equipment 2.8% | ||
Atkore, Inc. | 304,426 | 57,950,534 |
Vertiv Holdings Co. | 293,675 | 23,984,437 |
Total | 81,934,971 | |
Machinery 3.3% | ||
Esab Corp. | 268,030 | 29,636,077 |
SPX Technologies, Inc.(a) | 552,533 | 68,033,388 |
Total | 97,669,465 | |
Professional Services 5.5% | ||
Exponent, Inc. | 350,223 | 28,959,940 |
ICF International, Inc. | 178,809 | 26,934,000 |
KBR, Inc. | 799,028 | 50,866,122 |
Parsons Corp.(a) | 353,668 | 29,336,761 |
Paylocity Holding Corp.(a) | 148,430 | 25,509,180 |
Total | 161,606,003 | |
Trading Companies & Distributors 1.4% | ||
SiteOne Landscape Supply, Inc.(a) | 236,875 | 41,346,531 |
Total Industrials | 608,816,571 |
Columbia Acorn® Fund | First Quarter Report 2024
3
Portfolio of Investments (continued)Columbia Acorn® Fund, March 31, 2024 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Information Technology 18.5% | ||
IT Services 1.9% | ||
Globant SA(a) | 167,491 | 33,816,433 |
MongoDB, Inc.(a) | 65,353 | 23,438,200 |
Total | 57,254,633 | |
Semiconductors & Semiconductor Equipment 3.9% | ||
Lattice Semiconductor Corp.(a) | 569,382 | 44,542,754 |
Monolithic Power Systems, Inc. | 23,917 | 16,201,854 |
Onto Innovation, Inc.(a) | 133,586 | 24,189,753 |
Rambus, Inc.(a) | 458,408 | 28,334,198 |
Total | 113,268,559 | |
Software 9.8% | ||
Crowdstrike Holdings, Inc., Class A(a) | 62,288 | 19,968,910 |
DoubleVerify Holdings, Inc.(a) | 1,038,759 | 36,522,767 |
Dynatrace, Inc.(a) | 395,641 | 18,373,568 |
HubSpot, Inc.(a) | 63,312 | 39,668,767 |
Monday.com Ltd.(a) | 78,721 | 17,780,712 |
Procore Technologies, Inc.(a) | 117,602 | 9,663,356 |
Sprout Social, Inc., Class A(a) | 833,268 | 49,754,432 |
Varonis Systems, Inc.(a) | 468,948 | 22,120,277 |
Workiva, Inc., Class A(a) | 383,927 | 32,557,010 |
Zeta Global Holdings Corp., Class A(a) | 1,283,941 | 14,033,475 |
Zscaler, Inc.(a) | 136,911 | 26,373,166 |
Total | 286,816,440 | |
Technology Hardware, Storage & Peripherals 2.9% | ||
Pure Storage, Inc., Class A(a) | 277,743 | 14,439,859 |
Super Micro Computer, Inc.(a) | 70,210 | 70,914,206 |
Total | 85,354,065 | |
Total Information Technology | 542,693,697 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Materials 2.1% | ||
Chemicals 0.5% | ||
Albemarle Corp. | 110,523 | 14,560,300 |
Containers & Packaging 1.6% | ||
Avery Dennison Corp. | 207,186 | 46,254,274 |
Total Materials | 60,814,574 | |
Real Estate 2.2% | ||
Real Estate Management & Development 2.2% | ||
Colliers International Group, Inc. | 537,620 | 65,713,292 |
Total Real Estate | 65,713,292 | |
Total Common Stocks (Cost $2,275,367,890) | 2,880,261,659 | |
Securities Lending Collateral 0.0% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 5.200%(g),(h) | 73,400 | 73,400 |
Total Securities Lending Collateral (Cost $73,400) | 73,400 | |
Money Market Funds 2.0% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.543%(b),(g) | 59,220,200 | 59,208,356 |
Total Money Market Funds (Cost $59,192,813) | 59,208,356 | |
Total Investments in Securities (Cost: $2,334,634,103) | 2,939,543,415 | |
Obligation to Return Collateral for Securities Loaned | (73,400 ) | |
Other Assets & Liabilities, Net | (4,473,115 ) | |
Net Assets | 2,934,996,900 |
4
Columbia Acorn® Fund | First Quarter Report 2024
Portfolio of Investments (continued)Columbia Acorn® Fund, March 31, 2024 (Unaudited)
Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | 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% | ||||||||
68,959,416 | 254,463,569 | (264,208,315 ) | (6,314 ) | 59,208,356 | 6,909 | 822,527 | 59,220,200 | |
GCM Grosvenor, Inc., Class A | ||||||||
36,064,735 | — | — | 2,817,557 | 38,882,292 | — | 442,759 | 4,025,082 | |
Outset Medical, Inc.‡ | ||||||||
— | 2,682,564 | — | (31,055,438 ) | 6,713,227 | — | — | 3,023,976 | |
P3 Health Partners, Inc., Class A‡ | ||||||||
— | 2,020,781 | — | (21,459,469 ) | 6,498,806 | — | — | 6,309,520 | |
Total | 105,024,151 | (49,703,664 ) | 111,302,681 | 6,909 | 1,265,286 |
‡ | Issuer was not an affiliate at the beginning of period. |
(c) | All or a portion of this security was on loan at March 31, 2024. The total market value of securities on loan at March 31, 2024 was $61,168. |
(d) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At March 31, 2024, the total value of these securities amounted to $227,195, 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 March 31, 2024, the total market value of these securities amounted to $227,195, which represents 0.01% of total net assets. Additional information on these securities is as follows: |
Security | Acquisition Dates | Shares | Cost ($) | Value ($) |
DNA Script | 10/01/2021 | 1,139 | 993,179 | 227,195 |
(f) | Valuation based on significant unobservable inputs. |
(g) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
(h) | Investment made with cash collateral received from securities lending activity. |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Acorn® Fund | First Quarter Report 2024
5
Portfolio of InvestmentsColumbia Acorn International®, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 99.0% | ||
Issuer | Shares | Value ($) |
Australia 4.9% | ||
CAR Group Ltd. | 872,591 | 20,511,009 |
IDP Education Ltd. | 1,432,359 | 16,720,092 |
Pro Medicus Ltd. | 252,698 | 17,087,804 |
Total | 54,318,905 | |
Brazil 1.4% | ||
TOTVS SA | 2,641,793 | 15,006,716 |
Canada 8.9% | ||
Agnico Eagle Mines Ltd. | 97,083 | 5,788,929 |
Altus Group Ltd.(a) | 377,811 | 14,470,366 |
ARC Resources Ltd. | 957,042 | 17,062,910 |
CCL Industries, Inc., Class B | 416,811 | 21,302,887 |
Richelieu Hardware Ltd. | 446,976 | 14,057,198 |
Wheaton Precious Metals Corp. | 258,225 | 12,162,530 |
Whitecap Resources, Inc. | 1,643,356 | 12,435,421 |
Total | 97,280,241 | |
China 2.1% | ||
Proya Cosmetics Co., Ltd., Class A | 407,064 | 5,258,413 |
Shenzhou International Group Holdings Ltd. | 576,800 | 5,475,801 |
Silergy Corp. | 1,236,000 | 12,643,953 |
Total | 23,378,167 | |
Finland 1.5% | ||
Valmet OYJ(a) | 608,034 | 16,006,044 |
France 1.9% | ||
Edenred SE | 292,710 | 15,629,177 |
Robertet SA | 5,829 | 5,018,316 |
Total | 20,647,493 | |
Germany 7.9% | ||
Amadeus Fire AG | 70,766 | 9,167,407 |
CTS Eventim AG & Co. KGaA | 166,648 | 14,817,157 |
Hypoport SE(b) | 95,907 | 24,393,708 |
Jenoptik AG | 679,887 | 21,119,757 |
Nemetschek SE | 175,954 | 17,416,456 |
Total | 86,914,485 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
India 2.6% | ||
Astral Ltd. | 155,692 | 3,723,679 |
Cholamandalam Investment and Finance Co., Ltd. | 400,065 | 5,570,984 |
ICICI Prudential Life Insurance Co., Ltd. | 1,394,459 | 10,195,573 |
Max Healthcare Institute Ltd. | 944,652 | 9,316,505 |
Total | 28,806,741 | |
Ireland 1.9% | ||
Bank of Ireland Group PLC | 577,511 | 5,893,543 |
CRH PLC | 169,949 | 14,668,301 |
Total | 20,561,844 | |
Italy 2.2% | ||
Amplifon SpA | 521,666 | 19,016,126 |
Carel Industries SpA | 249,562 | 5,479,848 |
Total | 24,495,974 | |
Japan 18.2% | ||
Capcom Co., Ltd. | 488,800 | 9,157,233 |
Daiseki Co., Ltd. | 844,119 | 20,607,809 |
Disco Corp. | 65,900 | 24,088,657 |
Fuso Chemical Co., Ltd. | 507,100 | 15,481,224 |
Gunma Bank Ltd. (The) | 1,063,900 | 6,040,285 |
Hoshizaki Corp. | 188,800 | 6,888,695 |
Kokusai Electric Corp. | 225,600 | 5,791,569 |
Macnica Holdings, Inc. | 112,000 | 5,490,100 |
NGK Spark Plug Co., Ltd. | 423,300 | 14,053,506 |
Obic Co., Ltd. | 85,600 | 12,929,979 |
Recruit Holdings Co., Ltd. | 533,900 | 23,441,845 |
Simplex Holdings, Inc. | 727,400 | 13,428,673 |
Solasto Corp. | 1,887,300 | 6,778,768 |
Sundrug Co., Ltd. | 182,800 | 5,675,075 |
Suntory Beverage & Food Ltd. | 614,500 | 20,785,409 |
Yaskawa Electric Corp. | 218,100 | 9,285,540 |
Total | 199,924,367 |
6
Columbia Acorn International® | First Quarter Report 2024
Portfolio of Investments (continued)Columbia Acorn International®, March 31, 2024 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Mexico 4.9% | ||
Corporación Inmobiliaria Vesta SAB de CV | 7,007,664 | 27,344,411 |
Grupo Aeroportuario del Centro Norte SAB de CV | 1,373,218 | 13,498,003 |
La Comer SAB de CV | 5,357,945 | 12,562,946 |
Total | 53,405,360 | |
Netherlands 4.5% | ||
BE Semiconductor Industries NV | 112,247 | 17,193,838 |
IMCD NV | 180,474 | 31,765,245 |
Total | 48,959,083 | |
New Zealand 1.6% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 1,137,570 | 17,432,797 |
Norway 0.8% | ||
AutoStore Holdings Ltd.(b),(c) | 4,699,040 | 8,691,671 |
Sweden 6.1% | ||
AddTech AB, B Shares | 648,070 | 14,743,705 |
Hexagon AB, Class B | 2,259,128 | 26,704,999 |
Munters Group AB | 1,405,706 | 25,214,948 |
Total | 66,663,652 | |
Switzerland 5.7% | ||
Belimo Holding AG, Registered Shares | 60,139 | 29,515,400 |
Inficon Holding AG | 12,163 | 17,749,783 |
Tecan Group AG, Registered Shares | 21,728 | 9,002,555 |
VAT Group AG | 12,809 | 6,617,052 |
Total | 62,884,790 | |
Taiwan 3.8% | ||
Parade Technologies Ltd. | 198,000 | 5,698,719 |
Sinbon Electronics Co., Ltd. | 1,658,000 | 14,509,911 |
Universal Vision Biotechnology Co., Ltd. | 571,883 | 4,881,226 |
Voltronic Power Technology Corp. | 317,408 | 16,371,049 |
Total | 41,460,905 | |
United Kingdom 15.7% | ||
Ashtead Group PLC | 136,138 | 9,697,003 |
Auto Trader Group PLC | 2,439,267 | 21,540,957 |
ConvaTec Group PLC | 4,007,275 | 14,476,500 |
Genus PLC | 658,912 | 14,656,519 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Halma PLC | 783,051 | 23,382,201 |
Howden Joinery Group PLC | 590,796 | 6,762,950 |
Intermediate Capital Group PLC | 995,514 | 25,785,291 |
Rentokil Initial PLC | 2,515,836 | 14,957,935 |
Rightmove PLC | 3,669,818 | 25,436,493 |
Safestore Holdings PLC | 1,672,397 | 15,957,268 |
Total | 172,653,117 | |
United States 1.2% | ||
Inter Parfums, Inc. | 93,531 | 13,142,041 |
Vietnam 1.2% | ||
FPT Corp. | 2,870,489 | 13,558,082 |
Total Common Stocks (Cost $785,540,643) | 1,086,192,475 | |
Securities Lending Collateral 1.9% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 5.200%(d),(e) | 20,830,800 | 20,830,800 |
Total Securities Lending Collateral (Cost $20,830,800) | 20,830,800 | |
Money Market Funds 0.6% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.543%(d),(f) | 5,968,987 | 5,967,793 |
Total Money Market Funds (Cost $5,967,720) | 5,967,793 | |
Total Investments in Securities (Cost $812,339,163) | 1,112,991,068 | |
Obligation to Return Collateral for Securities Loaned | (20,830,800 ) | |
Other Assets & Liabilities, Net | 4,643,667 | |
Net Assets | $1,096,803,935 |
Columbia Acorn International® | First Quarter Report 2024
7
Portfolio of Investments (continued)Columbia Acorn International®, March 31, 2024 (Unaudited)
Notes to Portfolio of Investments
(a) | All or a portion of this security was on loan at March 31, 2024. The total market value of securities on loan at March 31, 2024 was $19,497,830. |
(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 March 31, 2024, the total value of these securities amounted to $8,691,671, which represents 0.79% of total net assets. |
(d) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
(e) | Investment made with cash collateral received from securities lending activity. |
(f) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | 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% | ||||||||
21,219,590 | 42,240,218 | (57,492,045 ) | 30 | 5,967,793 | (1,838 ) | 338,082 | 5,968,987 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
8
Columbia Acorn International® | First Quarter Report 2024
Portfolio of InvestmentsColumbia Acorn International SelectSM, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.9% | ||
Issuer | Shares | Value ($) |
Australia 1.9% | ||
CSL Ltd. | 22,509 | 4,223,308 |
Brazil 0.8% | ||
TOTVS SA | 321,308 | 1,825,191 |
Canada 3.2% | ||
ARC Resources Ltd. | 137,717 | 2,455,329 |
Canadian National Railway Co. | 13,670 | 1,800,094 |
Whitecap Resources, Inc. | 382,647 | 2,895,524 |
Total | 7,150,947 | |
China 1.1% | ||
NetEase, Inc., ADR | 23,783 | 2,460,827 |
Denmark 3.4% | ||
Novo Nordisk A/S | 59,175 | 7,590,579 |
France 16.0% | ||
Airbus Group SE | 26,349 | 4,854,245 |
Cie de Saint-Gobain SA | 31,386 | 2,435,986 |
EssilorLuxottica SA | 11,042 | 2,497,829 |
L’Oreal SA | 6,884 | 3,260,067 |
LVMH Moet Hennessy Louis Vuitton SE | 4,488 | 4,038,288 |
Pernod Ricard SA | 9,978 | 1,615,280 |
Publicis Groupe SA | 44,604 | 4,862,751 |
Schneider Electric SE | 27,623 | 6,244,909 |
TotalEnergies SE | 83,125 | 5,718,119 |
Total | 35,527,474 | |
Germany 5.4% | ||
Adidas AG | 23,407 | 5,229,800 |
Deutsche Telekom AG, Registered Shares | 170,412 | 4,136,667 |
Nemetschek SE | 25,067 | 2,481,207 |
Total | 11,847,674 | |
Hong Kong 0.8% | ||
AIA Group Ltd. | 275,800 | 1,855,189 |
India 2.2% | ||
Max Healthcare Institute Ltd. | 119,375 | 1,177,320 |
Phoenix Mills Ltd. (The) | 72,251 | 2,410,720 |
Polycab India Ltd. | 19,680 | 1,198,467 |
Total | 4,786,507 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Ireland 4.5% | ||
Bank of Ireland Group PLC | 488,933 | 4,989,598 |
CRH PLC | 56,688 | 4,892,742 |
Total | 9,882,340 | |
Italy 1.0% | ||
Amplifon SpA | 62,976 | 2,295,644 |
Japan 24.0% | ||
Capcom Co., Ltd. | 293,000 | 5,489,094 |
Daikin Industries Ltd. | 20,000 | 2,730,815 |
Disco Corp. | 9,700 | 3,545,675 |
Gunma Bank Ltd. (The) | 335,300 | 1,903,664 |
Hoya Corp. | 17,600 | 2,201,247 |
Keyence Corp. | 9,400 | 4,364,053 |
Kokusai Electric Corp. | 44,700 | 1,147,532 |
Macnica Holdings, Inc. | 37,500 | 1,838,203 |
NGK Spark Plug Co., Ltd. | 98,300 | 3,263,548 |
Omron Corp. | 68,400 | 2,449,201 |
ORIX Corp. | 70,300 | 1,537,584 |
Recruit Holdings Co., Ltd. | 102,400 | 4,496,057 |
Renesas Electronics Corp. | 319,400 | 5,691,918 |
Sony Group Corp. | 19,700 | 1,689,289 |
Suntory Beverage & Food Ltd. | 125,800 | 4,255,174 |
Tokyo Electron Ltd. | 11,800 | 3,073,300 |
Yaskawa Electric Corp. | 80,700 | 3,435,778 |
Total | 53,112,132 | |
Netherlands 3.1% | ||
ASML Holding NV | 4,473 | 4,336,403 |
IMCD NV | 14,131 | 2,487,199 |
Total | 6,823,602 | |
New Zealand 1.0% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 148,045 | 2,268,729 |
Norway 0.9% | ||
Equinor ASA | 73,263 | 1,964,504 |
Singapore 1.1% | ||
DBS Group Holdings Ltd. | 88,900 | 2,372,547 |
Columbia Acorn International SelectSM | First Quarter Report 2024
9
Portfolio of Investments (continued)Columbia Acorn International SelectSM, March 31, 2024 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Spain 1.7% | ||
Industria de Diseno Textil SA | 75,631 | 3,808,497 |
Switzerland 8.6% | ||
Belimo Holding AG, Registered Shares | 8,475 | 4,159,414 |
Lonza Group AG, Registered Shares | 5,084 | 3,038,191 |
Nestlé SA, Registered Shares | 46,461 | 4,936,480 |
Sika AG | 11,656 | 3,468,248 |
VAT Group AG | 6,447 | 3,330,481 |
Total | 18,932,814 | |
Taiwan 0.8% | ||
Parade Technologies Ltd. | 61,000 | 1,755,666 |
United Kingdom 17.4% | ||
3i Group PLC | 178,991 | 6,346,558 |
Ashtead Group PLC | 69,659 | 4,961,756 |
Auto Trader Group PLC | 177,233 | 1,565,129 |
BT Group PLC | 1,462,836 | 2,024,509 |
ConvaTec Group PLC | 672,194 | 2,428,338 |
Halma PLC | 76,902 | 2,296,323 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Howden Joinery Group PLC | 217,433 | 2,488,995 |
Intermediate Capital Group PLC | 159,646 | 4,135,068 |
London Stock Exchange Group PLC | 27,212 | 3,256,027 |
Reckitt Benckiser Group PLC | 44,362 | 2,528,858 |
Rightmove PLC | 235,662 | 1,633,437 |
Rio Tinto PLC | 46,274 | 2,925,669 |
Whitbread PLC | 46,043 | 1,924,963 |
Total | 38,515,630 | |
Total Common Stocks (Cost $187,082,650) | 218,999,801 | |
Money Market Funds 0.5% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.543%(a),(b) | 1,174,736 | 1,174,501 |
Total Money Market Funds (Cost $1,174,384) | 1,174,501 | |
Total Investments in Securities (Cost $188,257,034) | 220,174,302 | |
Other Assets & Liabilities, Net | 1,325,034 | |
Net Assets | $221,499,336 |
Notes to Portfolio of Investments
(a) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
(b) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | 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% | ||||||||
5,679,803 | 17,298,787 | (21,804,027 ) | (62 ) | 1,174,501 | 1,142 | 25,045 | 1,174,736 |
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 | First Quarter Report 2024
Portfolio of InvestmentsColumbia Thermostat FundSM, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Equity Funds 9.0% | ||
Shares | Value ($) | |
International 1.0% | ||
Columbia Emerging Markets Fund, Institutional 3 Class(a),(b) | 1,003,848 | 12,979,753 |
U.S. Large Cap 7.0% | ||
Columbia Contrarian Core Fund, Institutional 3 Class(a) | 914,632 | 32,624,920 |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class(a) | 1,178,230 | 32,754,787 |
Columbia Large Cap Index Fund, Institutional 3 Class(a) | 473,228 | 26,221,594 |
Total | 91,601,301 | |
U.S. Small Cap 1.0% | ||
Columbia Small Cap Index Fund, Institutional 3 Class(a) | 545,846 | 13,160,361 |
Total Equity Funds (Cost $86,647,859) | 117,741,415 | |
Exchange-Traded Equity Funds 1.0% | ||
U.S. Large Cap 1.0% | ||
Columbia Research Enhanced Core ETF(a) | 424,363 | 13,146,766 |
Total Exchange-Traded Equity Funds (Cost $10,323,256) | 13,146,766 | |
Exchange-Traded Fixed Income Funds 9.0% | ||
Multisector 9.0% | ||
Columbia Diversified Fixed Income Allocation ETF(a) | 6,580,376 | 117,002,375 |
Total Exchange-Traded Fixed Income Funds (Cost $125,576,870) | 117,002,375 | |
Fixed Income Funds 81.0% | ||
Shares | Value ($) | |
Investment Grade 81.0% | ||
Columbia Corporate Income Fund, Institutional 3 Class(a) | 12,956,951 | 117,519,548 |
Columbia Quality Income Fund, Institutional 3 Class(a) | 13,474,848 | 234,462,346 |
Columbia Total Return Bond Fund, Institutional 3 Class(a) | 9,759,911 | 293,480,517 |
Columbia U.S. Treasury Index Fund, Institutional 3 Class(a) | 41,409,806 | 411,199,377 |
Total | 1,056,661,788 | |
Total Fixed Income Funds (Cost $1,110,851,125) | 1,056,661,788 | |
Money Market Funds 0.3% | ||
Columbia Short-Term Cash Fund, 5.543%(a),(c) | 4,177,297 | 4,176,461 |
Total Money Market Funds (Cost $4,176,202) | 4,176,461 | |
Total Investments in Securities (Cost: $1,337,575,312) | 1,308,728,805 | |
Other Assets & Liabilities, Net | (3,771,295 ) | |
Net Assets | 1,304,957,510 |
Notes to Portfolio of Investments
(a) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Capital gain distributions($) | Realized gain (loss)($) | Dividends — affiliated issuers ($) | End of period shares |
Columbia Contrarian Core Fund, Institutional 3 Class | |||||||||
49,842,893 | — | (15,820,740 ) | (1,397,233 ) | 32,624,920 | — | 5,068,957 | — | 914,632 | |
Columbia Corporate Income Fund, Institutional 3 Class | |||||||||
113,832,291 | 7,543,537 | (2,458,064 ) | (1,398,216 ) | 117,519,548 | — | (75,889 ) | 1,308,989 | 12,956,951 |
Columbia Thermostat FundSM | First Quarter Report 2024
11
Portfolio of Investments (continued)Columbia Thermostat FundSM, March 31, 2024 (Unaudited)
Notes to Portfolio of Investments (continued)
Affiliated issuers | Beginning of period($) | 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 Diversified Fixed Income Allocation ETF | |||||||||
113,184,926 | 7,416,132 | (1,945,290 ) | (1,653,393 ) | 117,002,375 | — | (39,058 ) | 861,901 | 6,580,376 | |
Columbia Emerging Markets Fund, Institutional 3 Class | |||||||||
20,222,272 | — | (6,803,684 ) | (438,835 ) | 12,979,753 | — | 482,617 | — | 1,003,848 | |
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class | |||||||||
49,793,350 | — | (18,391,828 ) | 1,353,265 | 32,754,787 | — | 2,600,566 | — | 1,178,230 | |
Columbia Large Cap Index Fund, Institutional 3 Class | |||||||||
39,867,291 | — | (13,966,404 ) | 320,707 | 26,221,594 | — | 2,613,031 | — | 473,228 | |
Columbia Quality Income Fund, Institutional 3 Class | |||||||||
227,547,307 | 16,279,153 | (4,280,167 ) | (5,083,947 ) | 234,462,346 | — | (528,717 ) | 2,576,758 | 13,474,848 | |
Columbia Research Enhanced Core ETF | |||||||||
19,956,188 | — | (6,417,123 ) | (392,299 ) | 13,146,766 | — | 2,084,736 | — | 424,363 | |
Columbia Short-Term Cash Fund, 5.543% | |||||||||
5,040,866 | 34,155,164 | (35,019,323 ) | (246 ) | 4,176,461 | — | 209 | 58,241 | 4,177,297 | |
Columbia Small Cap Index Fund, Institutional 3 Class | |||||||||
19,727,625 | — | (6,071,063 ) | (496,201 ) | 13,160,361 | — | 607,437 | — | 545,846 | |
Columbia Total Return Bond Fund, Institutional 3 Class | |||||||||
284,542,729 | 19,787,077 | (6,075,872 ) | (4,773,417 ) | 293,480,517 | — | (400,680 ) | 3,450,742 | 9,759,911 | |
Columbia U.S. Treasury Index Fund, Institutional 3 Class | |||||||||
397,039,033 | 26,279,728 | (5,606,019 ) | (6,513,365 ) | 411,199,377 | — | (168,894 ) | 3,217,468 | 41,409,806 | |
Total | 1,340,596,771 | (20,473,180 ) | 1,308,728,805 | — | 12,244,315 | 11,474,099 |
(b) | Non-income producing investment. |
(c) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
12
Columbia Thermostat FundSM | First Quarter Report 2024
Portfolio of InvestmentsColumbia Acorn European FundSM, March 31, 2024 (Unaudited)(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 99.5% | ||
Issuer | Shares | Value ($) |
Belgium 1.7% | ||
Melexis NV | 11,850 | 959,622 |
Finland 0.6% | ||
Metso Outotec OYJ | 28,390 | 337,241 |
France 4.5% | ||
Edenred SE | 24,163 | 1,290,177 |
Robertet SA | 1,434 | 1,234,563 |
Total | 2,524,740 | |
Germany 10.5% | ||
Carl Zeiss Meditec AG | 4,738 | 591,424 |
CTS Eventim AG & Co. KGaA | 17,449 | 1,551,441 |
Gerresheimer AG | 9,043 | 1,017,990 |
Hypoport SE(a) | 2,963 | 753,632 |
Nemetschek SE | 16,873 | 1,670,140 |
Rational AG | 431 | 371,348 |
Total | 5,955,975 | |
Italy 7.5% | ||
Amplifon SpA | 60,995 | 2,223,432 |
Carel Industries SpA | 91,314 | 2,005,060 |
Total | 4,228,492 | |
Netherlands 8.0% | ||
BE Semiconductor Industries NV | 12,574 | 1,926,068 |
IMCD NV | 13,294 | 2,339,878 |
Pluxee NV(a) | 9,667 | 285,761 |
Total | 4,551,707 | |
Norway 1.7% | ||
AutoStore Holdings Ltd.(a),(b) | 334,505 | 618,724 |
TOMRA Systems ASA | 23,051 | 360,816 |
Total | 979,540 | |
Spain 2.4% | ||
Fluidra SA | 57,227 | 1,354,275 |
Sweden 16.7% | ||
AddTech AB, B Shares | 99,873 | 2,272,128 |
Hexagon AB, Class B | 188,213 | 2,224,853 |
Hexpol AB | 51,007 | 622,837 |
Munters Group AB | 124,327 | 2,230,124 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Sectra AB, Class B(a) | 109,879 | 2,126,101 |
Total | 9,476,043 | |
Switzerland 11.3% | ||
Accelleron Industries AG | 20,479 | 767,081 |
Belimo Holding AG, Registered Shares | 4,227 | 2,074,554 |
Comet Holding AG, Registered Shares | 877 | 305,095 |
Inficon Holding AG | 1,044 | 1,523,536 |
Kardex Holding AG | 5,100 | 1,431,759 |
Tecan Group AG, Registered Shares | 814 | 337,264 |
Total | 6,439,289 | |
United Kingdom 31.0% | ||
Auction Technology Group PLC(a) | 65,840 | 513,558 |
Auto Trader Group PLC | 239,529 | 2,115,260 |
ConvaTec Group PLC | 273,876 | 989,392 |
Diploma PLC | 52,028 | 2,443,832 |
Genus PLC | 25,085 | 557,978 |
Halma PLC | 77,604 | 2,317,285 |
Howden Joinery Group PLC | 30,515 | 349,311 |
Intermediate Capital Group PLC | 91,857 | 2,379,233 |
Rentokil Initial PLC | 184,750 | 1,098,433 |
Rightmove PLC | 310,086 | 2,149,289 |
Safestore Holdings PLC | 133,777 | 1,276,441 |
Spirax-Sarco Engineering PLC | 11,050 | 1,401,980 |
Total | 17,591,992 | |
United States 3.6% | ||
Inter Parfums, Inc. | 14,552 | 2,044,702 |
Total Common Stocks (Cost $33,581,452) | 56,443,618 | |
Money Market Funds 0.1% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.543%(c),(d) | 73,997 | 73,983 |
Total Money Market Funds (Cost $73,975) | 73,983 | |
Total Investments in Securities (Cost $33,655,427) | 56,517,601 | |
Other Assets & Liabilities, Net | 236,399 | |
Net Assets | $56,754,000 |
Columbia Acorn European FundSM | First Quarter Report 2024
13
Portfolio of Investments (continued)Columbia Acorn European FundSM, March 31, 2024 (Unaudited)
Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | 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 March 31, 2024, the total value of these securities amounted to $618,724, which represents 1.09% of total net assets. |
(c) | The rate shown is the seven-day current annualized yield at March 31, 2024. |
(d) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended March 31, 2024 are as follows: |
Affiliated issuers | Beginning of period($) | 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% | ||||||||
548,979 | 6,482,965 | (6,957,914 ) | (47 ) | 73,983 | 208 | 7,668 | 73,997 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
14
Columbia Acorn European FundSM | First Quarter Report 2024