Portfolio of Investments
Columbia Variable Portfolio – Contrarian Core Fund, September 30, 2022 (Unaudited)
Columbia Variable Portfolio – Contrarian Core Fund, September 30, 2022 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 99.0% | ||
Issuer | Shares | Value ($) |
Communication Services 9.8% | ||
Entertainment 2.7% | ||
Endeavor Group Holdings, Inc., Class A(a) | 263,404 | 5,336,565 |
Take-Two Interactive Software, Inc.(a) | 150,194 | 16,371,146 |
Walt Disney Co. (The)(a) | 112,004 | 10,565,337 |
Total | 32,273,048 | |
Interactive Media & Services 4.5% | ||
Alphabet, Inc., Class A(a) | 225,986 | 21,615,561 |
Alphabet, Inc., Class C(a) | 205,588 | 19,767,286 |
Match Group, Inc.(a) | 113,909 | 5,439,155 |
Meta Platforms, Inc., Class A(a) | 62,492 | 8,478,915 |
Total | 55,300,917 | |
Media 0.7% | ||
Comcast Corp., Class A | 285,116 | 8,362,452 |
Wireless Telecommunication Services 1.9% | ||
T-Mobile US, Inc.(a) | 173,570 | 23,287,887 |
Total Communication Services | 119,224,304 | |
Consumer Discretionary 8.1% | ||
Automobiles 1.2% | ||
Tesla, Inc.(a) | 55,188 | 14,638,617 |
Hotels, Restaurants & Leisure 0.6% | ||
McDonald’s Corp. | 33,523 | 7,735,097 |
Internet & Direct Marketing Retail 4.5% | ||
Amazon.com, Inc.(a) | 480,180 | 54,260,340 |
Specialty Retail 1.2% | ||
Lowe’s Companies, Inc. | 30,489 | 5,726,139 |
TJX Companies, Inc. (The) | 139,943 | 8,693,259 |
Total | 14,419,398 | |
Textiles, Apparel & Luxury Goods 0.6% | ||
Tapestry, Inc. | 278,127 | 7,907,151 |
Total Consumer Discretionary | 98,960,603 | |
Consumer Staples 7.3% | ||
Beverages 0.7% | ||
Monster Beverage Corp.(a) | 100,017 | 8,697,478 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Food & Staples Retailing 3.7% | ||
Sysco Corp. | 223,659 | 15,814,928 |
Walmart, Inc. | 227,163 | 29,463,041 |
Total | 45,277,969 | |
Food Products 1.5% | ||
Mondelez International, Inc., Class A | 338,894 | 18,581,558 |
Household Products 1.0% | ||
Procter & Gamble Co. (The) | 95,136 | 12,010,920 |
Personal Products 0.4% | ||
Coty, Inc., Class A(a) | 637,698 | 4,030,252 |
Total Consumer Staples | 88,598,177 | |
Energy 4.7% | ||
Oil, Gas & Consumable Fuels 4.7% | ||
Canadian Natural Resources Ltd. | 274,285 | 12,773,452 |
Chevron Corp. | 193,965 | 27,866,952 |
EOG Resources, Inc. | 148,814 | 16,626,988 |
Total | 57,267,392 | |
Total Energy | 57,267,392 | |
Financials 11.7% | ||
Banks 4.8% | ||
Bank of America Corp. | 692,371 | 20,909,604 |
JPMorgan Chase & Co. | 110,636 | 11,561,462 |
Wells Fargo & Co. | 635,133 | 25,545,049 |
Total | 58,016,115 | |
Capital Markets 3.1% | ||
BlackRock, Inc. | 16,132 | 8,877,117 |
MSCI, Inc. | 21,959 | 9,262,087 |
State Street Corp. | 322,571 | 19,615,542 |
Total | 37,754,746 | |
Consumer Finance 0.1% | ||
American Express Co. | 9,481 | 1,279,082 |
Diversified Financial Services 2.9% | ||
Berkshire Hathaway, Inc., Class B(a) | 135,050 | 36,061,051 |
Columbia Variable Portfolio – Contrarian Core Fund | Third Quarter Report 2022 | 1 |
Portfolio of Investments (continued)
Columbia Variable Portfolio – Contrarian Core Fund, September 30, 2022 (Unaudited)
Columbia Variable Portfolio – Contrarian Core Fund, September 30, 2022 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Insurance 0.8% | ||
Aon PLC, Class A | 36,752 | 9,844,758 |
Total Financials | 142,955,752 | |
Health Care 16.2% | ||
Biotechnology 2.8% | ||
BioMarin Pharmaceutical, Inc.(a) | 119,404 | 10,121,877 |
Horizon Therapeutics PLC(a) | 70,149 | 4,341,522 |
Vertex Pharmaceuticals, Inc.(a) | 67,745 | 19,614,887 |
Total | 34,078,286 | |
Health Care Equipment & Supplies 2.9% | ||
Abbott Laboratories | 166,770 | 16,136,665 |
Baxter International, Inc. | 130,544 | 7,031,100 |
Boston Scientific Corp.(a) | 308,181 | 11,935,850 |
Total | 35,103,615 | |
Health Care Providers & Services 3.3% | ||
CVS Health Corp. | 234,510 | 22,365,219 |
Elevance Health, Inc. | 40,556 | 18,422,157 |
Total | 40,787,376 | |
Life Sciences Tools & Services 1.4% | ||
IQVIA Holdings, Inc.(a) | 47,204 | 8,550,532 |
Thermo Fisher Scientific, Inc. | 17,246 | 8,746,999 |
Total | 17,297,531 | |
Pharmaceuticals 5.8% | ||
Eli Lilly & Co. | 82,949 | 26,821,559 |
Johnson & Johnson | 265,426 | 43,359,992 |
Total | 70,181,551 | |
Total Health Care | 197,448,359 | |
Industrials 7.0% | ||
Aerospace & Defense 1.8% | ||
Raytheon Technologies Corp. | 278,862 | 22,827,643 |
Airlines 0.7% | ||
Southwest Airlines Co.(a) | 267,128 | 8,238,228 |
Industrial Conglomerates 1.8% | ||
General Electric Co. | 176,498 | 10,926,991 |
Honeywell International, Inc. | 64,870 | 10,831,344 |
Total | 21,758,335 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Road & Rail 2.7% | ||
Uber Technologies, Inc.(a) | 676,682 | 17,932,073 |
Union Pacific Corp. | 75,698 | 14,747,484 |
Total | 32,679,557 | |
Total Industrials | 85,503,763 | |
Information Technology 27.3% | ||
Electronic Equipment, Instruments & Components 0.9% | ||
TE Connectivity Ltd. | 99,263 | 10,954,665 |
IT Services 5.5% | ||
Fidelity National Information Services, Inc. | 128,497 | 9,710,518 |
Global Payments, Inc. | 86,001 | 9,292,408 |
International Business Machines Corp. | 42,026 | 4,993,109 |
MasterCard, Inc., Class A | 62,312 | 17,717,794 |
PayPal Holdings, Inc.(a) | 101,429 | 8,729,994 |
Visa, Inc., Class A | 92,489 | 16,430,671 |
Total | 66,874,494 | |
Semiconductors & Semiconductor Equipment 2.4% | ||
Advanced Micro Devices, Inc.(a) | 79,886 | 5,061,577 |
Lam Research Corp. | 21,244 | 7,775,304 |
Marvell Technology, Inc. | 57,845 | 2,482,129 |
Microchip Technology, Inc. | 80,116 | 4,889,479 |
NVIDIA Corp. | 72,650 | 8,818,984 |
Total | 29,027,473 | |
Software 12.0% | ||
Adobe, Inc.(a) | 74,835 | 20,594,592 |
Intuit, Inc. | 55,677 | 21,564,816 |
Microsoft Corp. | 348,173 | 81,089,492 |
Palo Alto Networks, Inc.(a) | 79,674 | 13,049,804 |
Salesforce, Inc.(a) | 71,800 | 10,327,712 |
Total | 146,626,416 | |
Technology Hardware, Storage & Peripherals 6.5% | ||
Apple, Inc. | 576,320 | 79,647,424 |
Total Information Technology | 333,130,472 |
2 | Columbia Variable Portfolio – Contrarian Core Fund | Third Quarter Report 2022 |
Portfolio of Investments (continued)
Columbia Variable Portfolio – Contrarian Core Fund, September 30, 2022 (Unaudited)
Columbia Variable Portfolio – Contrarian Core Fund, September 30, 2022 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Materials 2.7% | ||
Chemicals 2.7% | ||
Corteva, Inc. | 188,690 | 10,783,634 |
Ecolab, Inc. | 62,410 | 9,013,252 |
International Flavors & Fragrances, Inc. | 146,556 | 13,311,681 |
Total | 33,108,567 | |
Total Materials | 33,108,567 | |
Real Estate 1.4% | ||
Equity Real Estate Investment Trusts (REITS) 1.4% | ||
American Tower Corp. | 80,045 | 17,185,662 |
Total Real Estate | 17,185,662 | |
Utilities 2.8% | ||
Electric Utilities 1.6% | ||
American Electric Power Co., Inc. | 222,283 | 19,216,366 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Multi-Utilities 1.2% | ||
Public Service Enterprise Group, Inc. | 250,779 | 14,101,303 |
Total Utilities | 33,317,669 | |
Total Common Stocks (Cost $1,146,801,968) | 1,206,700,720 | |
Money Market Funds 1.7% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 2.834%(b),(c) | 20,756,397 | 20,746,019 |
Total Money Market Funds (Cost $20,746,019) | 20,746,019 | |
Total Investments in Securities (Cost: $1,167,547,987) | 1,227,446,739 | |
Other Assets & Liabilities, Net | (8,419,642) | |
Net Assets | 1,219,027,097 |
Notes to Portfolio of Investments
(a) | Non-income producing investment. |
(b) | The rate shown is the seven-day current annualized yield at September 30, 2022. |
(c) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund.The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2022 are as follows: |
Affiliated issuers | Beginning of period($) | Purchases($) | Sales($) | Net change in unrealized appreciation (depreciation)($) | End of period($) | Realized gain (loss)($) | Dividends($) | End of period shares |
Columbia Short-Term Cash Fund, 2.834% | ||||||||
12,885,067 | 214,288,897 | (206,427,945) | — | 20,746,019 | (9,983) | 253,030 | 20,756,397 |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Variable Portfolio – Contrarian Core Fund | Third Quarter Report 2022 | 3 |
You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.
3QT7002_12_A01_(11/22)