Third Quarter Report
September 30, 2023 (Unaudited)
September 30, 2023 (Unaudited)
Wanger International
Managed by Columbia Wanger Asset Management, LLC
Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.
Not FDIC or NCUA Insured • No Financial Institution Guarantee • May Lose Value
Portfolio of Investments
Wanger International, September 30, 2023 (Unaudited)
Wanger International, September 30, 2023 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 96.1% | ||
Issuer | Shares | Value ($) |
Australia 6.3% | ||
carsales.com Ltd. | 218,250 | 3,909,814 |
IDP Education Ltd. | 621,038 | 8,499,033 |
Pro Medicus Ltd. | 108,857 | 5,808,631 |
Total | 18,217,478 | |
Brazil 0.9% | ||
TOTVS SA | 506,084 | 2,710,364 |
Canada 3.6% | ||
Altus Group Ltd. | 141,425 | 4,895,861 |
Richelieu Hardware Ltd. | 107,817 | 3,157,711 |
Wheaton Precious Metals Corp. | 37,956 | 1,540,316 |
Whitecap Resources, Inc. | 103,997 | 878,222 |
Total | 10,472,110 | |
China 1.5% | ||
China Meidong Auto Holdings Ltd. | 1,706,000 | 932,192 |
Silergy Corp. | 372,000 | 3,526,127 |
Total | 4,458,319 | |
Denmark 1.7% | ||
Netcompany Group AS(a),(b) | 130,106 | 4,931,443 |
Finland 1.8% | ||
Valmet OYJ(b) | 226,505 | 5,171,235 |
France 1.5% | ||
Robertet SA | 5,178 | 4,417,873 |
Germany 7.8% | ||
Amadeus Fire AG | 26,008 | 3,068,778 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 119,717 | 4,070,626 |
Hypoport SE(a) | 24,182 | 3,259,982 |
Jenoptik AG | 112,720 | 2,848,571 |
Nemetschek SE | 72,912 | 4,437,319 |
Washtec AG | 141,954 | 5,027,709 |
Total | 22,712,985 | |
Italy 4.7% | ||
Amplifon SpA | 245,973 | 7,281,065 |
Carel Industries SpA | 233,001 | 5,577,008 |
GVS SpA(a) | 164,075 | 885,933 |
Total | 13,744,006 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Japan 15.5% | ||
Aruhi Corp. | 447,000 | 2,735,703 |
Avant Group Corp. | 975,300 | 8,480,690 |
Daiseki Co., Ltd. | 303,180 | 8,105,269 |
Fuso Chemical Co., Ltd. | 177,400 | 4,654,896 |
Hikari Tsushin, Inc. | 19,800 | 3,015,453 |
Hoshizaki Corp. | 98,900 | 3,433,243 |
Insource Co., Ltd. | 267,600 | 1,851,537 |
Milbon Co., Ltd. | 70,000 | 1,945,366 |
Simplex Holdings, Inc. | 243,200 | 4,400,701 |
Solasto Corp. | 1,525,200 | 6,308,808 |
Total | 44,931,666 | |
Mexico 4.4% | ||
Corporación Inmobiliaria Vesta SAB de CV | 2,099,061 | 6,908,744 |
Grupo Aeroportuario del Centro Norte SAB de CV | 353,118 | 3,838,658 |
La Comer SAB de CV | 1,031,016 | 2,160,534 |
Total | 12,907,936 | |
Netherlands 4.0% | ||
BE Semiconductor Industries NV | 40,068 | 3,918,909 |
IMCD NV | 60,303 | 7,624,397 |
Total | 11,543,306 | |
New Zealand 1.3% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 289,545 | 3,733,128 |
Norway 0.4% | ||
AutoStore Holdings Ltd.(a),(c) | 774,282 | 1,088,324 |
South Korea 2.5% | ||
Jeisys Medical, Inc.(a) | 563,343 | 5,016,810 |
KEPCO Plant Service & Engineering Co., Ltd. | 93,280 | 2,266,337 |
Total | 7,283,147 | |
Sweden 8.3% | ||
AddTech AB, B Shares | 464,140 | 7,407,336 |
Dometic Group AB | 276,738 | 1,748,408 |
Munters Group AB | 520,213 | 6,672,678 |
Sectra AB, Class B(a) | 596,557 | 7,043,789 |
Sweco AB, Class B | 140,549 | 1,310,786 |
Total | 24,182,997 |
2 | Wanger International | Third Quarter Report 2023 |
Portfolio of Investments (continued)
Wanger International, September 30, 2023 (Unaudited)
Wanger International, September 30, 2023 (Unaudited)
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Switzerland 4.9% | ||
Belimo Holding AG, Registered Shares | 13,700 | 6,501,951 |
Inficon Holding AG | 4,002 | 4,879,119 |
Kardex Holding AG | 13,078 | 2,851,372 |
Total | 14,232,442 | |
Taiwan 6.8% | ||
Parade Technologies Ltd. | 238,000 | 7,284,700 |
Sinbon Electronics Co., Ltd. | 513,000 | 5,142,292 |
Universal Vision Biotechnology Co., Ltd. | 273,148 | 2,845,710 |
Voltronic Power Technology Corp. | 92,495 | 4,555,098 |
Total | 19,827,800 | |
United Kingdom 14.2% | ||
Auto Trader Group PLC | 748,811 | 5,626,546 |
Diploma PLC | 154,367 | 5,635,570 |
Genus PLC | 244,269 | 6,230,275 |
Intermediate Capital Group PLC | 278,494 | 4,674,649 |
Porvair PLC | 895,091 | 6,334,183 |
Rightmove PLC | 1,352,453 | 9,229,543 |
Safestore Holdings PLC | 411,601 | 3,677,343 |
Total | 41,408,109 | |
United States 2.2% | ||
Inter Parfums, Inc. | 46,932 | 6,304,845 |
Common Stocks (continued) | ||
Issuer | Shares | Value ($) |
Vietnam 1.8% | ||
Asia Commercial Bank JSC | 1,830,426 | 1,640,843 |
FPT Corp. | 901,551 | 3,436,869 |
Total | 5,077,712 | |
Total Common Stocks (Cost $259,431,681) | 279,357,225 | |
Securities Lending Collateral 2.6% | ||
Dreyfus Government Cash Management Fund, Institutional Shares, 5.222%(d),(e) | 7,667,068 | 7,667,068 |
Total Securities Lending Collateral (Cost $7,667,068) | 7,667,068 | |
Money Market Funds 5.2% | ||
Shares | Value ($) | |
Columbia Short-Term Cash Fund, 5.515%(d),(f) | 15,047,764 | 15,043,249 |
Total Money Market Funds (Cost $15,040,761) | 15,043,249 | |
Total Investments in Securities (Cost $282,139,510) | 302,067,542 | |
Obligation to Return Collateral for Securities Loaned | (7,667,068) | |
Other Assets & Liabilities, Net | (3,699,685) | |
Net Assets | $290,700,789 |
At September 30, 2023, securities and/or cash totaling $223,863 were pledged as collateral.
Investments in derivatives
Long futures contracts | ||||||
Description | Number of contracts | Expiration date | Trading currency | Notional amount | Value/Unrealized appreciation ($) | Value/Unrealized depreciation ($) |
MSCI Emerging Markets Index | 163 | 12/2023 | USD | 7,787,325 | — | (266,777) |
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 $7,256,605. |
(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 $1,088,324, which represents 0.37% of total net assets. |
(d) | The rate shown is the seven-day current annualized yield at September 30, 2023. |
(e) | Investment made with cash collateral received from securities lending activity. |
Wanger International | Third Quarter Report 2023 | 3 |
Portfolio of Investments (continued)
Wanger International, September 30, 2023 (Unaudited)
Wanger International, September 30, 2023 (Unaudited)
Notes to Portfolio of Investments (continued)
(f) | As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended September 30, 2023 are as follows: |
Affiliated issuers | Beginning of period($) | 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% | ||||||||
3,493,914 | 52,671,050 | (41,123,282) | 1,567 | 15,043,249 | (952) | 409,692 | 15,047,764 |
Currency Legend
USD | US Dollar |
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
4 | Wanger International | 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.
3QT7062_12_B01_(11/23)