Portfolio of Investments
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
| Common Stocks 99.2% | ||
| Issuer | Shares | Value ($) |
| Communication Services 2.7% | ||
| Diversified Telecommunication Services 0.6% | ||
| Liberty Latin America Ltd., Class C(a) | 449,086 | 6,210,859 |
| Entertainment 0.2% | ||
| Gaia, Inc.(a) | 227,310 | 2,707,262 |
| Interactive Media & Services 0.7% | ||
| Cargurus, Inc.(a) | 216,550 | 6,193,330 |
| Trivago NV, ADR(a) | 525,149 | 1,543,938 |
| Total | 7,737,268 | |
| Media 0.5% | ||
| Criteo SA, ADR(a) | 137,670 | 5,340,219 |
| Wireless Telecommunication Services 0.7% | ||
| Telephone and Data Systems, Inc. | 347,310 | 7,762,379 |
| Total Communication Services | 29,757,987 | |
| Consumer Discretionary 11.2% | ||
| Auto Components 1.8% | ||
| Gentherm, Inc.(a) | 86,446 | 7,168,967 |
| Modine Manufacturing Co.(a) | 273,307 | 4,572,426 |
| Visteon Corp.(a) | 70,210 | 8,007,450 |
| Total | 19,748,843 | |
| Distributors 0.2% | ||
| Educational Development Corp. | 202,264 | 2,133,885 |
| Diversified Consumer Services 1.3% | ||
| American Public Education, Inc.(a) | 133,422 | 3,951,960 |
| Carriage Services, Inc. | 135,649 | 5,043,430 |
| Stride, Inc.(a) | 175,540 | 5,382,056 |
| Total | 14,377,446 | |
| Household Durables 4.2% | ||
| Cavco Industries, Inc.(a) | 21,957 | 5,159,895 |
| Ethan Allen Interiors, Inc. | 148,483 | 3,529,441 |
| Hamilton Beach Brands Holding Co. | 202,916 | 3,792,500 |
| Hooker Furniture Corp. | 91,182 | 3,026,330 |
| Legacy Housing Corp.(a) | 151,813 | 2,677,981 |
| Lifetime Brands, Inc. | 166,454 | 2,508,462 |
| Meritage Homes Corp.(a) | 92,627 | 10,057,440 |
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| Skyline Champion Corp.(a) | 119,970 | 6,766,308 |
| Tri Pointe Homes, Inc.(a) | 364,909 | 8,801,605 |
| Total | 46,319,962 | |
| Internet & Direct Marketing Retail 0.3% | ||
| Redbubble Ltd.(a) | 1,523,608 | 3,632,393 |
| Leisure Products 0.6% | ||
| Malibu Boats, Inc., Class A(a) | 75,902 | 6,349,961 |
| Multiline Retail 0.6% | ||
| Big Lots, Inc. | 117,192 | 6,751,431 |
| Specialty Retail 0.8% | ||
| Leslie’s, Inc.(a) | 79,541 | 1,936,824 |
| Urban Outfitters, Inc.(a) | 194,290 | 7,223,702 |
| Total | 9,160,526 | |
| Textiles, Apparel & Luxury Goods 1.4% | ||
| Culp, Inc. | 184,701 | 2,764,974 |
| Movado Group, Inc. | 152,302 | 4,579,721 |
| Steven Madden Ltd. | 173,250 | 7,593,548 |
| Total | 14,938,243 | |
| Total Consumer Discretionary | 123,412,690 | |
| Consumer Staples 3.2% | ||
| Beverages 0.5% | ||
| MGP Ingredients, Inc. | 94,923 | 5,662,157 |
| Food & Staples Retailing 1.1% | ||
| Andersons, Inc. (The) | 193,515 | 5,166,851 |
| Sprouts Farmers Market, Inc.(a) | 303,190 | 7,452,410 |
| Total | 12,619,261 | |
| Food Products 1.2% | ||
| Dole PLC(a) | 328,120 | 4,757,740 |
| Fresh Del Monte Produce, Inc. | 255,531 | 7,885,686 |
| Total | 12,643,426 | |
| Personal Products 0.4% | ||
| Inter Parfums, Inc. | 58,402 | 4,489,362 |
| Total Consumer Staples | 35,414,206 | |
| Columbia Small Cap Value Fund I | Quarterly Report 2021 | 1 |
Portfolio of Investments (continued)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| Energy 5.8% | ||
| Energy Equipment & Services 3.4% | ||
| ChampionX Corp.(a) | 433,610 | 10,077,096 |
| Core Laboratories NV | 130,250 | 4,345,140 |
| Dawson Geophysical Co.(a) | 811,160 | 2,198,244 |
| Frank’s International NV(a) | 825,778 | 2,270,889 |
| Natural Gas Services Group, Inc.(a) | 258,970 | 2,589,700 |
| Newpark Resources, Inc.(a) | 1,335,980 | 4,315,215 |
| Pason Systems, Inc. | 395,893 | 2,519,550 |
| Profire Energy, Inc.(a) | 992,407 | 1,061,875 |
| ProPetro Holding Corp.(a) | 281,750 | 2,127,213 |
| TechnipFMC PLC(a) | 858,995 | 6,201,944 |
| Total | 37,706,866 | |
| Oil, Gas & Consumable Fuels 2.4% | ||
| Chesapeake Energy Corp. | 128,270 | 6,932,994 |
| HollyFrontier Corp. | 143,710 | 4,225,074 |
| Range Resources Corp.(a) | 572,140 | 8,713,692 |
| Talos Energy, Inc.(a) | 286,350 | 3,304,479 |
| W&T Offshore, Inc.(a) | 642,680 | 2,602,854 |
| Total | 25,779,093 | |
| Total Energy | 63,485,959 | |
| Financials 29.8% | ||
| Banks 18.0% | ||
| Altabancorp | 144,362 | 5,830,781 |
| American River Bankshares | 41,380 | 812,703 |
| Ameris Bancorp | 226,114 | 10,991,402 |
| BancFirst Corp. | 121,764 | 6,755,467 |
| Bank of Marin Bancorp | 67,503 | 2,342,354 |
| BankUnited, Inc. | 287,986 | 11,398,486 |
| Banner Corp. | 129,351 | 6,860,777 |
| Brookline Bancorp, Inc. | 400,263 | 5,751,779 |
| Capital Bancorp, Inc. | 158,535 | 3,601,915 |
| Capital City Bank Group, Inc. | 171,801 | 4,181,636 |
| Central Pacific Financial Corp. | 152,281 | 3,898,394 |
| Central Valley Community Bancorp | 117,810 | 2,637,766 |
| Columbia Banking System, Inc. | 204,419 | 7,142,400 |
| Community Trust Bancorp, Inc. | 110,837 | 4,406,879 |
| First BanCorp | 865,296 | 10,496,041 |
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| First BanCorp | 157,808 | 6,312,320 |
| First Community Corp. | 229,009 | 4,683,234 |
| First Financial Corp. | 144,520 | 5,788,026 |
| First of Long Island Corp. (The) | 163,035 | 3,513,404 |
| FVCBankcorp, Inc.(a) | 121,430 | 2,307,170 |
| Heritage Financial Corp. | 209,584 | 5,069,837 |
| Hilltop Holdings, Inc. | 250,760 | 7,944,077 |
| National Bank Holdings Corp., Class A | 137,770 | 4,885,324 |
| Northrim BanCorp, Inc. | 189,483 | 7,734,696 |
| OFG Bancorp | 307,951 | 7,113,668 |
| Plumas Bancorp | 69,990 | 2,185,788 |
| Popular, Inc. | 218,128 | 15,870,993 |
| Professional Holding Corp., Class A(a) | 121,240 | 2,480,570 |
| Shore Bancshares, Inc. | 159,760 | 2,770,239 |
| Sierra Bancorp | 104,508 | 2,521,778 |
| Southern First Bancshares, Inc.(a) | 95,823 | 4,746,113 |
| Spirit of Texas Bancshares, Inc. | 185,587 | 4,320,465 |
| Towne Bank | 279,394 | 8,328,735 |
| UMB Financial Corp. | 132,826 | 12,432,514 |
| Total | 198,117,731 | |
| Capital Markets 0.5% | ||
| StoneX Group, Inc.(a) | 93,065 | 6,005,485 |
| Consumer Finance 1.4% | ||
| Ezcorp, Inc., Class A(a) | 816,040 | 4,667,749 |
| FirstCash, Inc. | 60,758 | 4,812,034 |
| PROG Holdings, Inc. | 136,107 | 5,957,403 |
| Total | 15,437,186 | |
| Insurance 5.0% | ||
| American Equity Investment Life Holding Co. | 268,661 | 8,621,331 |
| American National Group, Inc. | 64,837 | 10,696,808 |
| Crawford & Co., Class A | 310,314 | 3,280,019 |
| eHealth, Inc.(a) | 79,370 | 4,128,034 |
| Employers Holdings, Inc. | 134,054 | 5,565,922 |
| Global Indemnity Group LLC | 261,797 | 6,730,801 |
| Heritage Insurance Holdings, Inc. | 373,305 | 2,740,059 |
| Horace Mann Educators Corp. | 102,681 | 4,087,731 |
| 2 | Columbia Small Cap Value Fund I | Quarterly Report 2021 |
Portfolio of Investments (continued)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| National Western Life Group, Inc., Class A | 21,014 | 4,368,600 |
| ProAssurance Corp. | 268,200 | 5,439,096 |
| Total | 55,658,401 | |
| Thrifts & Mortgage Finance 4.9% | ||
| HomeStreet, Inc. | 124,847 | 4,707,980 |
| MGIC Investment Corp. | 691,555 | 9,571,121 |
| NMI Holdings, Inc., Class A(a) | 282,467 | 6,219,923 |
| Provident Financial Holdings, Inc. | 200,990 | 3,388,691 |
| Radian Group, Inc. | 538,340 | 12,155,717 |
| Riverview Bancorp, Inc. | 312,679 | 2,182,500 |
| Territorial Bancorp, Inc. | 105,814 | 2,702,490 |
| Washington Federal, Inc. | 268,273 | 8,657,170 |
| Western New England Bancorp, Inc. | 474,400 | 4,013,424 |
| Total | 53,599,016 | |
| Total Financials | 328,817,819 | |
| Health Care 8.0% | ||
| Biotechnology 3.6% | ||
| ACADIA Pharmaceuticals, Inc.(a) | 279,753 | 6,051,057 |
| Allogene Therapeutics, Inc.(a) | 119,570 | 2,624,562 |
| Atara Biotherapeutics, Inc.(a) | 311,233 | 3,968,221 |
| bluebird bio, Inc.(a) | 154,410 | 3,923,558 |
| Coherus Biosciences, Inc.(a) | 306,077 | 3,994,305 |
| Insmed, Inc.(a) | 147,610 | 3,631,206 |
| Iovance Biotherapeutics, Inc.(a) | 212,066 | 4,722,710 |
| Sage Therapeutics, Inc.(a) | 96,450 | 4,217,758 |
| Spero Therapeutics, Inc.(a) | 214,923 | 2,867,073 |
| uniQure NV(a) | 110,630 | 3,209,376 |
| Total | 39,209,826 | |
| Health Care Equipment & Supplies 0.9% | ||
| Inogen, Inc.(a) | 101,980 | 8,134,944 |
| Quotient Ltd.(a) | 620,982 | 2,117,549 |
| Total | 10,252,493 | |
| Health Care Providers & Services 0.5% | ||
| Triple-S Management Corp., Class B(a) | 241,866 | 5,884,600 |
| Pharmaceuticals 3.0% | ||
| Aerie Pharmaceuticals, Inc.(a) | 251,492 | 3,968,544 |
| ANI Pharmaceuticals, Inc.(a) | 97,834 | 3,319,508 |
| Athira Pharma, Inc.(a) | 218,310 | 2,097,959 |
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| Perrigo Co. PLC | 161,280 | 7,746,278 |
| Satsuma Pharmaceuticals, Inc.(a) | 318,400 | 1,668,416 |
| Supernus Pharmaceuticals, Inc.(a) | 192,155 | 5,059,441 |
| Taro Pharmaceutical Industries Ltd.(a) | 84,073 | 5,985,998 |
| TherapeuticsMD, Inc.(a) | 2,945,170 | 2,945,170 |
| Total | 32,791,314 | |
| Total Health Care | 88,138,233 | |
| Industrials 14.9% | ||
| Aerospace & Defense 1.3% | ||
| Curtiss-Wright Corp. | 55,610 | 6,578,663 |
| Moog, Inc., Class A | 101,160 | 7,877,329 |
| Total | 14,455,992 | |
| Airlines 0.4% | ||
| Skywest, Inc.(a) | 119,190 | 4,826,003 |
| Building Products 2.0% | ||
| Caesarstone Ltd. | 244,821 | 3,248,775 |
| Resideo Technologies, Inc.(a) | 322,440 | 9,511,980 |
| UFP Industries, Inc. | 120,815 | 8,971,722 |
| Total | 21,732,477 | |
| Commercial Services & Supplies 0.9% | ||
| HNI Corp. | 145,970 | 5,444,681 |
| KAR Auction Services, Inc.(a) | 245,769 | 4,050,273 |
| Total | 9,494,954 | |
| Construction & Engineering 0.4% | ||
| Dycom Industries, Inc.(a) | 67,950 | 4,715,730 |
| Electrical Equipment 2.2% | ||
| Acuity Brands, Inc. | 42,410 | 7,437,866 |
| AZZ, Inc. | 107,540 | 5,698,544 |
| Encore Wire Corp. | 100,014 | 7,844,098 |
| Thermon(a) | 194,080 | 3,233,373 |
| Total | 24,213,881 | |
| Machinery 2.9% | ||
| Gorman-Rupp Co. | 124,425 | 4,440,728 |
| Greenbrier Companies, Inc. (The) | 144,080 | 6,166,624 |
| Hurco Companies, Inc. | 61,210 | 2,077,467 |
| LB Foster Co., Class A(a) | 161,378 | 2,930,625 |
| Manitex International, Inc.(a) | 427,122 | 3,408,434 |
| Columbia Small Cap Value Fund I | Quarterly Report 2021 | 3 |
Portfolio of Investments (continued)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| Mueller Industries, Inc. | 186,765 | 8,105,601 |
| Standex International Corp. | 59,144 | 5,441,248 |
| Total | 32,570,727 | |
| Marine 1.0% | ||
| Atlas Corp. | 502,091 | 6,562,329 |
| Costamare, Inc. | 382,200 | 4,143,048 |
| Total | 10,705,377 | |
| Professional Services 1.2% | ||
| Korn/Ferry International | 152,567 | 10,487,456 |
| Red Violet, Inc.(a) | 111,560 | 2,693,058 |
| Total | 13,180,514 | |
| Road & Rail 1.7% | ||
| Marten Transport Ltd. | 392,515 | 6,209,587 |
| Schneider National, Inc., Class B | 294,618 | 6,611,228 |
| Werner Enterprises, Inc. | 119,579 | 5,465,956 |
| Total | 18,286,771 | |
| Trading Companies & Distributors 0.9% | ||
| H&E Equipment Services, Inc. | 149,308 | 5,080,951 |
| Textainer Group Holdings Ltd.(a) | 162,252 | 5,237,495 |
| Total | 10,318,446 | |
| Total Industrials | 164,500,872 | |
| Information Technology 8.1% | ||
| Communications Equipment 2.4% | ||
| Applied Optoelectronics, Inc.(a) | 305,920 | 2,364,762 |
| Casa Systems, Inc.(a) | 449,716 | 3,377,367 |
| Digi International, Inc.(a) | 202,450 | 4,186,666 |
| KVH Industries, Inc.(a) | 251,395 | 2,845,791 |
| NETGEAR, Inc.(a) | 166,580 | 5,705,365 |
| Netscout Systems, Inc.(a) | 282,854 | 8,134,881 |
| Total | 26,614,832 | |
| Electronic Equipment, Instruments & Components 2.3% | ||
| Airgain, Inc.(a) | 165,008 | 3,011,396 |
| Bel Fuse, Inc., Class B | 164,880 | 2,248,963 |
| ePlus, Inc.(a) | 63,750 | 5,894,325 |
| Powerfleet, Inc.(a) | 297,380 | 2,025,158 |
| Vishay Intertechnology, Inc. | 445,730 | 9,864,005 |
| Vishay Precision Group, Inc.(a) | 72,846 | 2,646,495 |
| Total | 25,690,342 | |
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| IT Services 1.0% | ||
| Cass Information Systems, Inc. | 88,477 | 3,900,951 |
| IBEX Holdings Ltd.(a) | 179,830 | 3,709,893 |
| International Money Express, Inc.(a) | 171,338 | 2,773,962 |
| Total | 10,384,806 | |
| Semiconductors & Semiconductor Equipment 0.8% | ||
| Cohu, Inc.(a) | 144,552 | 5,118,587 |
| CyberOptics Corp.(a) | 74,640 | 3,496,884 |
| Total | 8,615,471 | |
| Software 1.6% | ||
| Asure Software, Inc.(a) | 305,890 | 2,881,484 |
| CDK Global, Inc. | 120,756 | 5,795,080 |
| Cognyte Software Ltd.(a) | 361,376 | 9,384,935 |
| Total | 18,061,499 | |
| Total Information Technology | 89,366,950 | |
| Materials 8.6% | ||
| Chemicals 1.3% | ||
| Livent Corp.(a) | 385,236 | 7,515,954 |
| Tronox Holdings PLC, Class A | 360,294 | 6,640,219 |
| Total | 14,156,173 | |
| Construction Materials 0.8% | ||
| Eagle Materials, Inc. | 59,640 | 8,428,325 |
| Containers & Packaging 0.6% | ||
| Greif, Inc., Class A | 104,049 | 6,307,450 |
| Metals & Mining 4.8% | ||
| Ampco-Pittsburgh Corp.(a) | 804,316 | 5,010,889 |
| Capstone Mining Corp.(a) | 1,280,954 | 5,739,446 |
| Centerra Gold, Inc. | 732,850 | 5,891,700 |
| Commercial Metals Co. | 339,340 | 11,130,352 |
| ERO Copper Corp.(a) | 277,296 | 5,581,038 |
| Ferroglobe PLC(a) | 765,527 | 4,623,783 |
| Olympic Steel, Inc. | 104,633 | 3,151,546 |
| Pretium Resources, Inc.(a) | 585,726 | 5,460,078 |
| Torex Gold Resources, Inc.(a) | 286,501 | 3,221,873 |
| Universal Stainless & Alloy Products, Inc.(a) | 233,837 | 2,635,343 |
| Total | 52,446,048 | |
| 4 | Columbia Small Cap Value Fund I | Quarterly Report 2021 |
Portfolio of Investments (continued)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
| Common Stocks (continued) | ||
| Issuer | Shares | Value ($) |
| Paper & Forest Products 1.1% | ||
| Clearwater Paper Corp.(a) | 107,710 | 3,176,368 |
| Glatfelter Corp. | 267,487 | 4,073,827 |
| Louisiana-Pacific Corp. | 99,068 | 5,492,330 |
| Total | 12,742,525 | |
| Total Materials | 94,080,521 | |
| Real Estate 6.0% | ||
| Equity Real Estate Investment Trusts (REITS) 6.0% | ||
| American Assets Trust, Inc. | 206,950 | 7,642,664 |
| Brixmor Property Group, Inc. | 214,290 | 4,932,956 |
| Farmland Partners, Inc. | 376,836 | 4,748,134 |
| Highwoods Properties, Inc. | 107,590 | 5,130,967 |
| Hudson Pacific Properties, Inc. | 212,040 | 5,780,210 |
| Macerich Co. (The) | 302,670 | 4,933,521 |
| Pebblebrook Hotel Trust | 377,701 | 8,494,495 |
| PotlatchDeltic Corp. | 179,143 | 9,304,687 |
| RLJ Lodging Trust | 550,345 | 7,897,451 |
| Sunstone Hotel Investors, Inc.(a) | 663,212 | 7,653,466 |
| Total | 66,518,551 | |
| Total Real Estate | 66,518,551 | |
| Utilities 0.9% | ||
| Gas Utilities 0.9% | ||
| National Fuel Gas Co. | 136,730 | 7,032,024 |
| RGC Resources, Inc. | 126,330 | 3,203,729 |
| Total | 10,235,753 | |
| Total Utilities | 10,235,753 | |
| Total Common Stocks (Cost $748,580,374) | 1,093,729,541 | |
| Exchange-Traded Equity Funds 0.3% | ||
| Shares | Value ($) | |
| U.S. Small Cap 0.3% | ||
| iShares Russell 2000 Value ETF | 22,060 | 3,528,718 |
| Total Exchange-Traded Equity Funds (Cost $2,215,901) | 3,528,718 | |
| Money Market Funds 0.7% | ||
| Columbia Short-Term Cash Fund, 0.053%(b),(c) | 7,041,312 | 7,040,608 |
| Total Money Market Funds (Cost $7,040,607) | 7,040,608 | |
| Total Investments in Securities (Cost: $757,836,882) | 1,104,298,867 | |
| Other Assets & Liabilities, Net | (1,904,667) | |
| Net Assets | 1,102,394,200 | |
| Columbia Small Cap Value Fund I | Quarterly Report 2021 | 5 |
Portfolio of Investments (continued)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Columbia Small Cap Value Fund I, July 31, 2021 (Unaudited)
Notes to Portfolio of Investments
| (a) | Non-income producing investment. |
| (b) | The rate shown is the seven-day current annualized yield at July 31, 2021. |
| (c) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended July 31, 2021 are as follows: |
| Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
| Columbia Short-Term Cash Fund, 0.053% | ||||||||
| 12,379,847 | 126,458,354 | (131,797,594) | 1 | 7,040,608 | — | 2,018 | 7,041,312 | |
Abbreviation Legend
| ADR | American Depositary Receipt |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
| 6 | Columbia Small Cap Value Fund I | Quarterly Report 2021 |
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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.
1QT287_04_L01_(09/21)