COLUMBIA SMALL CAP GROWTH FUND
Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value |
PORTFOLIO OF INVESTMENTS
Columbia Small Cap Growth Fund, November 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.9% | ||||||||
Issuer | Shares | Value ($) | ||||||
Communication Services 1.8% | ||||||||
Entertainment 1.2% | ||||||||
Atlanta Braves Holdings, Inc., Class C(a) | 540,744 | 19,439,747 | ||||||
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Interactive Media & Services 0.6% | ||||||||
ZoomInfo Technologies, Inc.(a) | 586,193 | 8,423,593 | ||||||
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Total Communication Services | 27,863,340 | |||||||
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Consumer Discretionary 10.8% | ||||||||
Broadline Retail 1.0% | ||||||||
Ollie’s Bargain Outlet Holdings, Inc.(a) | 221,193 | 16,206,811 | ||||||
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Diversified Consumer Services 0.9% | ||||||||
WW International, Inc.(a) | 1,934,003 | 13,944,162 | ||||||
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Hotels, Restaurants & Leisure 5.5% | ||||||||
Cava Group, Inc.(a) | 366,692 | 12,471,195 | ||||||
Churchill Downs, Inc. | 245,566 | 28,429,176 | ||||||
Kura Sushi USA, Inc., Class A(a) | 347,318 | 21,700,429 | ||||||
Texas Roadhouse, Inc. | 215,188 | 24,221,561 | ||||||
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Total | 86,822,361 | |||||||
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Household Durables 0.7% | ||||||||
Installed Building Products, Inc. | 79,920 | 12,028,759 | ||||||
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Specialty Retail 2.7% | ||||||||
Academy Sports & Outdoors, Inc. | 384,174 | 19,542,931 | ||||||
Valvoline, Inc. | 697,504 | 23,882,537 | ||||||
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Total | 43,425,468 | |||||||
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Total Consumer Discretionary | 172,427,561 | |||||||
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Consumer Staples 3.0% | ||||||||
Beverages 1.8% | ||||||||
Celsius Holdings, Inc.(a) | 590,843 | 29,252,637 | ||||||
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Consumer Staples Distribution & Retail 1.2% | ||||||||
BJ’s Wholesale Club Holdings, Inc.(a) | 292,468 | 18,887,583 | ||||||
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Total Consumer Staples | 48,140,220 | |||||||
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Energy 4.1% | ||||||||
Energy Equipment & Services 1.1% | ||||||||
ChampionX Corp. | 602,832 | 17,675,034 | ||||||
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Common Stocks (continued) | ||||||||
Issuer | Shares | Value ($) | ||||||
Oil, Gas & Consumable Fuels 3.0% | ||||||||
Antero Resources Corp.(a) | 380,856 | 8,999,627 | ||||||
Northern Oil and Gas, Inc. | 598,059 | 22,379,368 | ||||||
Permian Resources Corp. | 777,309 | 10,213,840 | ||||||
Uranium Energy Corp.(a) | 987,295 | 6,437,164 | ||||||
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Total | 48,029,999 | |||||||
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Total Energy | 65,705,033 | |||||||
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Financials 3.3% | ||||||||
Financial Services 1.2% | ||||||||
Flywire Corp.(a) | 790,500 | 18,418,650 | ||||||
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Insurance 2.1% | ||||||||
RLI Corp. | 146,988 | 19,931,573 | ||||||
Skyward Specialty Insurance Group, Inc.(a) | 419,496 | 13,717,519 | ||||||
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Total | 33,649,092 | |||||||
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Total Financials | 52,067,742 | |||||||
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Health Care 19.5% | ||||||||
Biotechnology 4.4% | ||||||||
Arcus Biosciences, Inc.(a) | 491,690 | 7,404,851 | ||||||
Beam Therapeutics, Inc.(a) | 141,981 | 3,986,827 | ||||||
Intellia Therapeutics, Inc.(a) | 139,437 | 4,131,518 | ||||||
Natera, Inc.(a) | 775,348 | 43,380,721 | ||||||
Revolution Medicines, Inc.(a) | 218,874 | 5,106,331 | ||||||
Syndax Pharmaceuticals, Inc.(a) | 401,061 | 6,675,660 | ||||||
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Total | 70,685,908 | |||||||
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Health Care Equipment & Supplies 3.6% | ||||||||
Glaukos Corp.(a) | 116,244 | 7,426,829 | ||||||
ICU Medical, Inc.(a) | 182,120 | 15,982,851 | ||||||
Inspire Medical Systems, Inc.(a) | 135,466 | 19,684,565 | ||||||
LivaNova PLC(a) | 331,344 | 14,860,778 | ||||||
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Total | 57,955,023 | |||||||
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Health Care Providers & Services 4.2% | ||||||||
Addus HomeCare Corp.(a) | 193,108 | 16,839,017 | ||||||
Chemed Corp. | 65,822 | 37,321,074 | ||||||
Universal Health Services, Inc., Class B | 88,035 | 12,103,052 | ||||||
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Total | 66,263,143 | |||||||
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2 | Columbia Small Cap Growth Fund | First Quarter Report 2023 |
PORTFOLIO OF INVESTMENTS (continued)
Columbia Small Cap Growth Fund, November 30, 2023 (Unaudited)
Common Stocks (continued) | ||||||||
Issuer | Shares | Value ($) | ||||||
Health Care Technology 0.5% | ||||||||
GoodRx Holdings, Inc., Class A(a) | 1,386,221 | 8,303,464 | ||||||
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Life Sciences Tools & Services 6.8% | ||||||||
10X Genomics, Inc., Class A(a) | 392,321 | 17,073,810 | ||||||
BioLife Solutions, Inc.(a) | 331,249 | 4,097,550 | ||||||
Bio-Techne Corp. | 485,204 | 30,519,332 | ||||||
Caris Life Sciences, Inc.(a),(b),(c),(d) | 2,777,778 | 8,055,556 | ||||||
DNA Script(a),(b),(c),(d) | 11,675 | 2,646,999 | ||||||
MaxCyte, Inc.(a) | 1,217,447 | 5,782,873 | ||||||
Pacific Biosciences of California, Inc.(a) | 804,657 | 6,823,491 | ||||||
Repligen Corp.(a) | 206,439 | 32,462,533 | ||||||
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Total | 107,462,144 | |||||||
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Total Health Care | 310,669,682 | |||||||
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Industrials 32.0% | ||||||||
Aerospace & Defense 5.7% | ||||||||
BWX Technologies, Inc. | 360,522 | 28,131,532 | ||||||
Curtiss-Wright Corp. | 213,561 | 45,680,698 | ||||||
Kratos Defense & Security Solutions, Inc.(a) | 891,801 | 16,988,809 | ||||||
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Total | 90,801,039 | |||||||
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Building Products 2.1% | ||||||||
AAON, Inc. | 380,007 | 23,788,438 | ||||||
Trex Company, Inc.(a) | 123,231 | 8,659,443 | ||||||
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Total | 32,447,881 | |||||||
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Commercial Services & Supplies 1.8% | ||||||||
Casella Waste Systems, Inc., Class A(a) | 354,500 | 28,671,960 | ||||||
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Electrical Equipment 2.1% | ||||||||
Atkore, Inc.(a) | 111,567 | 14,492,553 | ||||||
Enovix Corp.(a) | 670,761 | 7,425,324 | ||||||
nVent Electric PLC | 214,052 | 11,398,269 | ||||||
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Total | 33,316,146 | |||||||
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Ground Transportation 6.0% | ||||||||
RXO, Inc.(a) | 786,035 | 16,475,294 | ||||||
Saia, Inc.(a) | 83,478 | 32,588,976 | ||||||
XPO, Inc.(a) | 542,407 | 46,798,876 | ||||||
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Total | 95,863,146 | |||||||
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Machinery 0.8% | ||||||||
RBC Bearings, Inc.(a) | 49,941 | 12,871,793 | ||||||
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Common Stocks (continued) | ||||||||
Issuer | Shares | Value ($) | ||||||
Professional Services 5.7% | ||||||||
Exponent, Inc. | 294,081 | 22,632,474 | ||||||
FTI Consulting, Inc.(a) | 192,210 | 42,374,616 | ||||||
MAXIMUS, Inc. | 305,887 | 25,538,506 | ||||||
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Total | 90,545,596 | |||||||
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Trading Companies & Distributors 7.8% | ||||||||
Core & Main, Inc., Class A(a) | 1,195,492 | 41,878,085 | ||||||
FTAI Aviation Ltd. | 1,151,796 | 47,465,513 | ||||||
SiteOne Landscape Supply, Inc.(a) | 247,311 | 34,826,335 | ||||||
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Total | 124,169,933 | |||||||
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Total Industrials | 508,687,494 | |||||||
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Information Technology 19.4% | ||||||||
Communications Equipment 1.1% | ||||||||
Harmonic, Inc.(a) | 1,609,145 | 17,797,144 | ||||||
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Electronic Equipment, Instruments & Components 0.8% |
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908 Devices, Inc.(a) | 1,496,236 | 11,910,038 | ||||||
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Semiconductors & Semiconductor Equipment 7.3% |
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Aehr Test Systems(a) | 498,909 | 11,454,951 | ||||||
Axcelis Technologies, Inc.(a) | 104,112 | 12,939,039 | ||||||
Lattice Semiconductor Corp.(a) | 122,180 | 7,153,639 | ||||||
Onto Innovation, Inc.(a) | 239,901 | 33,828,440 | ||||||
Rambus, Inc.(a) | 755,657 | 51,135,309 | ||||||
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Total | 116,511,378 | |||||||
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Software 9.0% | ||||||||
BILL Holdings, Inc.(a) | 287,390 | 18,815,423 | ||||||
Procore Technologies, Inc.(a) | 537,169 | 31,741,316 | ||||||
Sprout Social, Inc., Class A(a) | 147,373 | 8,385,524 | ||||||
SPS Commerce, Inc.(a) | 72,956 | 12,568,860 | ||||||
Tenable Holdings, Inc.(a) | 618,894 | 25,616,023 | ||||||
Varonis Systems, Inc.(a) | 448,229 | 18,776,313 | ||||||
Workiva, Inc., Class A(a) | 291,337 | 28,017,879 | ||||||
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Total | 143,921,338 | |||||||
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Technology Hardware, Storage & Peripherals 1.2% |
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Super Micro Computer, Inc.(a) | 70,042 | 19,154,386 | ||||||
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Total Information Technology | 309,294,284 | |||||||
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Columbia Small Cap Growth Fund | First Quarter Report 2023 | 3 |
PORTFOLIO OF INVESTMENTS (continued)
Columbia Small Cap Growth Fund, November 30, 2023 (Unaudited)
Common Stocks (continued) | ||||||||
Issuer | Shares | Value ($) | ||||||
Materials 5.0% | ||||||||
Chemicals 1.6% | ||||||||
Balchem Corp. | 197,019 | 24,572,210 | ||||||
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Construction Materials 0.9% | ||||||||
Knife River Corp.(a) | 235,581 | 14,059,474 | ||||||
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Metals & Mining 2.5% | ||||||||
Alamos Gold, Inc., Class A | 1,090,248 | 16,146,573 | ||||||
Osisko Gold Royalties Ltd. | 1,010,082 | 14,807,802 | ||||||
Triple Flag Precious Metals Corp. | 665,654 | 9,279,217 | ||||||
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Total | 40,233,592 | |||||||
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Total Materials | 78,865,276 | |||||||
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Total Common Stocks | 1,573,720,632 | |||||||
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Money Market Funds 2.6% | ||||||||
Shares | Value ($) | |||||||
Columbia Short-Term Cash Fund, 5.605%(e),(f) | 41,022,075 | 41,013,870 | ||||||
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Total Money Market Funds | 41,013,870 | |||||||
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Total Investments in Securities | 1,614,734,502 | |||||||
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Other Assets & Liabilities, Net | (23,761,885 | ) | ||||||
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Net Assets | 1,590,972,617 | |||||||
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Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. At November 30, 2023, the total value of these securities amounted to $10,702,555, which represents 0.67% of total net assets. |
(c) | 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 November 30, 2023, the total market value of these securities amounted to $10,702,555, which represents 0.67% of total net assets. Additional information on these securities is as follows: |
Security | Acquisition Dates | Shares | Cost ($) | Value ($) | ||||||||||||
Caris Life Sciences, Inc. | 05/11/2021 | 2,777,778 | 22,520,810 | 8,055,556 | ||||||||||||
DNA Script | 10/01/2021 | 11,675 | 10,180,303 | 2,646,999 | ||||||||||||
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32,701,113 | 10,702,555 | |||||||||||||||
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(d) | Valuation based on significant unobservable inputs. |
(e) | The rate shown is the seven-day current annualized yield at November 30, 2023. |
(f) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended November 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares | ||||||||||||||||||||||||
Columbia Short-Term | 100,321,662 | 278,176,856 | (337,471,180 | ) | (13,468 | ) | 41,013,870 | 12,367 | 849,245 | 41,022,075 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
4 | Columbia Small Cap Growth Fund | First 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.
1QT226_08_P01_(01/24)