Variable Portfolio - Managed Volatility Moderate Growth Fund

Fund Profile

Fund profile

Fund manager

Columbia Funds Variable Series Trust II

Total assets

$12.74 bn

Liabilities

$938.75 mm

Net assets

$11.80 bn

Number of holdings

275.00

Top 200 of 275 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
COLUMBIA SHORT TERM CASH FUND	1.93 bn	1.93 bn shares	16.37	Short-term investment vehicle	Long	USA
Columbia Variable Portfolio - Overseas Core Fund	762.32 mm	57.71 mm shares	6.46	Common equity	Long	USA
VP - PARTNERS CORE BD FD CL1	687.22 mm	71.66 mm shares	5.82	Common equity	Long	USA
COLUMBIA VP SEL LARGE CAP EQ FD 1	630.14 mm	26.78 mm shares	5.34	Common equity	Long	USA
COLUMBIA VP DISCIPLINED CORE FD -1	626.24 mm	5.54 mm shares	5.31	Common equity	Long	USA
COLUMBIA VP INTERMED BOND FD CL 1	597.32 mm	71.62 mm shares	5.06	Common equity	Long	USA
CTIVP - TCW CORE PLUS BOND FD CL1	597.19 mm	65.70 mm shares	5.06	Common equity	Long	USA
CTIVP - AMER CENT DIVERSE BD CLS 1	458.00 mm	51.17 mm shares	3.88	Common equity	Long	USA
VP-PARTNERS INTL CORE EQUITY FD 1	407.03 mm	38.15 mm shares	3.45	Common equity	Long	USA
COLUMBIA VP LONG GOVT/CREDIT BD 1	354.61 mm	48.71 mm shares	3.00	Common equity	Long	USA
Columbia Variable Portfolio - Large Cap Growth Fund	322.82 mm	6.59 mm shares	2.74	Common equity	Long	USA
iShares Core U.S. Aggregate Bond ETF	319.77 mm	3.30 mm shares	2.71	Common equity	Long	USA
COLUMBIA VP SEL LARGE CAP VAL CL 1	314.62 mm	7.20 mm shares	2.67	Common equity	Long	USA
iShares Core S&P 500 ETF	313.77 mm	533.00 k shares	2.66	Common equity	Long	USA
VP PARTNERS CORE EQUITY FD CL 1	309.92 mm	6.74 mm shares	2.63	Common equity	Long	USA
CTIVP - WESTFIELD SLCT LGCAP GRO 1	281.26 mm	4.76 mm shares	2.38	Common equity	Long	USA
CTIVP - PRINCIPAL BL CHIP GR FD 1	278.38 mm	3.89 mm shares	2.36	Common equity	Long	USA
Variable Portfolio-MFS Value Fund	272.42 mm	6.35 mm shares	2.31	Common equity	Long	USA
CTIVP - T ROWE LRG CAP VAL CL1	269.94 mm	6.87 mm shares	2.29	Common equity	Long	USA
VP - PARTNERS INTL VALUE FD 1	247.41 mm	24.23 mm shares	2.10	Common equity	Long	USA
VP - PARTNERS INTL GROWTH FD 1	242.49 mm	21.50 mm shares	2.05	Common equity	Long	USA
COLUMBIA VP CONTRARIAN CORE-1	201.72 mm	3.74 mm shares	1.71	Common equity	Long	USA
UMBS 30YR TBA(REG A)	187.51 mm	220.80 mm principal	1.59	ABS-mortgage backed security	Long	USA
COLUMBIA VP LTD DUR BD- C	186.51 mm	19.53 mm shares	1.58	Common equity	Long	USA
Columbia VP - US Government Mortgage Fund	184.07 mm	20.99 mm shares	1.56	Common equity	Long	USA
UMBS 30YR TBA(REG A)	178.97 mm	195.73 mm principal	1.52	ABS-mortgage backed security	Long	USA
UMBS 30YR TBA(REG A)	150.66 mm	160.20 mm principal	1.28	ABS-mortgage backed security	Long	USA
VO Vanguard Large Cap Index Fund	134.70 mm	250.00 k shares	1.14	Common equity	Long	USA
iShares iBoxx $ Investment Grade Corporate Bond ETF	112.80 mm	1.06 mm shares	0.96	Common equity	Long	USA
VEVFX Vanguard Explorer Value Fund	106.08 mm	1.32 mm shares	0.90	Common equity	Long	USA
VP - PARTNERS SMALL CAP VALUE-1	86.42 mm	2.20 mm shares	0.73	Common equity	Long	USA
VP - PARTNERS SM CAP GR	86.41 mm	2.50 mm shares	0.73	Common equity	Long	USA
UMBS 30YR TBA(REG A)	59.74 mm	61.90 mm principal	0.51	ABS-mortgage backed security	Long	USA
UMBS 30YR TBA(REG A)	50.77 mm	57.40 mm principal	0.43	ABS-mortgage backed security	Long	USA
CTIVP - WESTFIELD MID CAP GRTH CL1	47.73 mm	908.71 k shares	0.40	Common equity	Long	USA
COLUMBIA VP SEL MID CAP GRO FD 1	47.41 mm	844.26 k shares	0.40	Common equity	Long	USA
CTIVP-VICTORY SYCAMORE EST VAL CL1	47.30 mm	931.59 k shares	0.40	Common equity	Long	USA
COLUMBIA VP SEL MID CAP VAL CL 1	47.29 mm	1.14 mm shares	0.40	Common equity	Long	USA
Columbia Variable Portfolio - Small Cap Value Fund	32.93 mm	2.45 mm shares	0.28	Common equity	Long	USA
Columbia Variable Portfolio - Small Company Growth Fund	32.91 mm	2.33 mm shares	0.28	Common equity	Long	USA
UMBS 15YR TBA(REG B)	25.25 mm	26.30 mm principal	0.21	ABS-mortgage backed security	Long	USA
SPX US 06/18/26 P4600	24.39 mm	2.33 k contracts	0.21	Equity derivative	N/A	USA
SPX US 06/18/26 P4700	23.03 mm	2.00 k contracts	0.20	Equity derivative	N/A	USA
SPX US 06/18/26 P4900	18.56 mm	1.34 k contracts	0.16	Equity derivative	N/A	USA
UMBS 15YR TBA(REG B)	16.68 mm	17.65 mm principal	0.14	ABS-mortgage backed security	Long	USA
SPX US 06/18/26 P4800	12.67 mm	1.00 k contracts	0.11	Equity derivative	N/A	USA
UMBS 15YR TBA(REG B)	9.77 mm	10.50 mm principal	0.08	ABS-mortgage backed security	Long	USA
DAX INDEX MAR 25	3.02 mm	-242.00 contracts	0.03	Equity derivative	N/A	Germany
US DOLLARS HSBC	2.64 mm	-76.00 mm other units	0.02	DFE	N/A	New Zealand
US ULTRA T-BOND MAR 25	2.63 mm	-685.00 contracts	0.02	Interest rate derivative	N/A	USA
US DOLLARS HSBC	2.08 mm	-7.50 bn other units	0.02	DFE	N/A	Japan
US LONG BOND MAR 25	1.73 mm	-500.00 contracts	0.01	Interest rate derivative	N/A	USA
US DOLLARS Barclays	1.72 mm	-10.00 bn other units	0.01	DFE	N/A	Japan
US DOLLARS Barclays	1.66 mm	-42.50 mm other units	0.01	DFE	N/A	Switzerland
US DOLLARS Barclays	1.04 mm	-40.00 mm other units	0.01	DFE	N/A	New Zealand
TREASURY BOND	1.02 mm	1.08 mm principal	0.01	Debt	Long	USA
T AT&T Inc.	1.00 mm	1.45 mm principal	0.01	Debt	Long	USA
TOPIX INDEX MAR 25	941.61 k	342.00 contracts	0.01	Equity derivative	N/A	Japan
UNH UnitedHealth Group Incorporated	907.20 k	935.00 k principal	0.01	Debt	Long	USA
AMGN Amgen Inc.	827.85 k	863.00 k principal	0.01	Debt	Long	USA
US DOLLARS HSBC	813.67 k	-25.00 mm other units	0.01	DFE	N/A	Australia
BAESY BAE Systems plc	793.93 k	796.00 k principal	0.01	Debt	Long	UK
SPI 200 MAR 25	729.13 k	-358.00 contracts	0.01	Equity derivative	N/A	Australia
Broadcom Pte. Ltd.	691.85 k	859.00 k principal	0.01	Debt	Long	USA
US DOLLARS UBS	690.29 k	-40.00 mm other units	0.01	DFE	N/A	Canada
MORGAN STANLEY	653.93 k	804.00 k principal	0.01	Debt	Long	USA
VZ Verizon Communications Inc.	647.18 k	855.00 k principal	0.01	Debt	Long	USA
CVS CVS Health Corporation	644.25 k	766.00 k principal	0.01	Debt	Long	USA
BP CAPITAL MARKETS AMERICA INC	615.35 k	625.00 k principal	0.01	Debt	Long	USA
CHARTER COMM OPT/OPT CAP	596.48 k	730.00 k principal	0.01	Debt	Long	USA
BMY Bristol-Myers Squibb Company	595.42 k	618.00 k principal	0.01	Debt	Long	USA
BACARDI LTD	583.55 k	636.00 k principal	0.00	Debt	Long	Bermuda
LOW Lowe's Companies, Inc.	566.78 k	733.00 k principal	0.00	Debt	Long	USA
US DOLLARS Barclays	560.64 k	-35.00 mm other units	0.00	DFE	N/A	XX
US DOLLARS Citi	551.85 k	-55.00 mm other units	0.00	DFE	N/A	Switzerland
AEP TEXAS INC	542.94 k	807.00 k principal	0.00	Debt	Long	USA
US DOLLARS Wells Fargo	542.47 k	-4.00 bn other units	0.00	DFE	N/A	Japan
DUK Duke Energy Corporation	536.80 k	615.00 k principal	0.00	Debt	Long	USA
BDX Becton, Dickinson and Company	532.07 k	540.00 k principal	0.00	Debt	Long	USA
BA The Boeing Company	506.71 k	766.00 k principal	0.00	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	500.70 k	522.00 k principal	0.00	Debt	Long	USA
AAPL Apple Inc.	479.66 k	778.00 k principal	0.00	Debt	Long	USA
AMZN Amazon.com, Inc.	478.09 k	711.00 k principal	0.00	Debt	Long	USA
PCG+A Pacific Gas & Electric Co.	472.89 k	545.00 k principal	0.00	Debt	Long	USA
EXC Exelon Corporation	465.69 k	483.00 k principal	0.00	Debt	Long	USA
NBCUNIVERSAL MEDIA LLC	464.93 k	546.00 k principal	0.00	Debt	Long	USA
WELLS FARGO & COMPANY	459.15 k	515.00 k principal	0.00	Debt	Long	USA
BANK OF AMERICA CORP	456.99 k	585.00 k principal	0.00	Debt	Long	USA
WARNERMEDIA HOLDINGS INC	456.32 k	620.00 k principal	0.00	Debt	Long	USA
ABBV AbbVie Inc.	446.45 k	516.00 k principal	0.00	Debt	Long	USA
VIRGINIA ELECTRIC AND POWER CO	432.08 k	444.00 k principal	0.00	Debt	Long	USA
BURLINGTON NORTHERN SANTA FE LLC	432.00 k	440.00 k principal	0.00	Debt	Long	USA
ET Energy Transfer LP	422.49 k	438.00 k principal	0.00	Debt	Long	USA
US DOLLARS Goldman Sachs International	401.33 k	-17.50 mm other units	0.00	DFE	N/A	XX
UNITED TECHNOLOGIES CORPORATION	398.29 k	380.00 k principal	0.00	Debt	Long	USA
INTC Intel Corporation	389.71 k	685.00 k principal	0.00	Debt	Long	USA
UNH UnitedHealth Group Incorporated	388.88 k	415.00 k principal	0.00	Debt	Long	USA
BERKSHIRE HATHAWAY FINANCE CORP	382.05 k	505.00 k principal	0.00	Debt	Long	USA
CNC Centene Corporation	373.61 k	433.00 k principal	0.00	Debt	Long	USA
C Citigroup Inc.	373.29 k	375.00 k principal	0.00	Debt	Long	USA
EXC Exelon Corporation	372.32 k	489.00 k principal	0.00	Debt	Long	USA
LHX L3Harris Technologies, Inc.	368.26 k	369.00 k principal	0.00	Debt	Long	USA
NEXTERA ENERGY CAPITAL HOLDINGS	363.19 k	379.00 k principal	0.00	Debt	Long	USA
PFIZER INVESTMENT ENTERPRISES PTE	363.16 k	387.00 k principal	0.00	Debt	Long	Singapore
US DOLLARS Morgan Stanley	360.70 k	-2.50 bn other units	0.00	DFE	N/A	Japan
US DOLLARS Morgan Stanley	355.23 k	-150.00 mm other units	0.00	DFE	N/A	Norway
OXY Occidental Petroleum Corporation	338.05 k	359.00 k principal	0.00	Debt	Long	USA
NOC Northrop Grumman Corporation	336.51 k	375.00 k principal	0.00	Debt	Long	USA
NEW YORK LIFE INSURANCE COMPANY	336.10 k	460.00 k principal	0.00	Debt	Long	USA
CMCSA Comcast Corporation	335.23 k	575.00 k principal	0.00	Debt	Long	USA
CNC Centene Corporation	333.55 k	404.00 k principal	0.00	Debt	Long	USA
US DOLLARS Morgan Stanley	330.39 k	-10.00 mm other units	0.00	DFE	N/A	Switzerland
WMB The Williams Companies, Inc.	319.48 k	330.00 k principal	0.00	Debt	Long	USA
META Meta Platforms, Inc.	317.55 k	315.00 k principal	0.00	Debt	Long	USA
ENB Enbridge Inc.	316.99 k	320.00 k principal	0.00	Debt	Long	Canada
BACARDI LTD	313.38 k	350.00 k principal	0.00	Debt	Long	Bermuda
Cigna Holding Co	310.16 k	472.00 k principal	0.00	Debt	Long	USA
ONCOR ELECTRIC DELIVERY COMPANY	304.73 k	313.00 k principal	0.00	Debt	Long	USA
JPMORGAN CHASE & CO	303.69 k	311.00 k principal	0.00	Debt	Long	USA
ORCL Oracle Corporation	295.92 k	385.00 k principal	0.00	Debt	Long	USA
VZ Verizon Communications Inc.	295.50 k	310.00 k principal	0.00	Debt	Long	USA
CARR Carrier Global Corporation	292.80 k	380.00 k principal	0.00	Debt	Long	USA
Kinder Morgan Energy Partners L P	279.00 k	320.00 k principal	0.00	Debt	Long	USA
PLAINS ALL AMERICAN PIPELINE LP	275.86 k	334.00 k principal	0.00	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	270.54 k	280.00 k principal	0.00	Debt	Long	USA
BAT CAPITAL CORP	267.42 k	248.00 k principal	0.00	Debt	Long	USA
CVS CVS Health Corporation	266.22 k	308.00 k principal	0.00	Debt	Long	USA
TEACHERS INSURANCE & ANNUITY	264.78 k	396.00 k principal	0.00	Debt	Long	USA
HCA INC	262.51 k	336.00 k principal	0.00	Debt	Long	USA
MPLX MPLX LP	261.77 k	311.00 k principal	0.00	Debt	Long	USA
UPS United Parcel Service, Inc.	259.06 k	267.00 k principal	0.00	Debt	Long	USA
US DOLLARS UBS	253.23 k	-80.00 mm other units	0.00	DFE	N/A	XX
SOUTHERN CALIFORNIA GAS COMPANY	246.11 k	250.00 k principal	0.00	Debt	Long	USA
MRK Merck & Co., Inc.	246.03 k	270.00 k principal	0.00	Debt	Long	USA
KO The Coca-Cola Company	242.54 k	255.00 k principal	0.00	Debt	Long	USA
BANK OF AMERICA CORP	235.40 k	289.00 k principal	0.00	Debt	Long	USA
NOC Northrop Grumman Corporation	232.29 k	295.00 k principal	0.00	Debt	Long	USA
VOD Vodafone Group Public Limited Company	232.18 k	240.00 k principal	0.00	Debt	Long	UK
STZ Constellation Brands, Inc.	226.02 k	234.00 k principal	0.00	Debt	Long	USA
ORCL Oracle Corporation	223.08 k	319.00 k principal	0.00	Debt	Long	USA
US DOLLARS Morgan Stanley	222.92 k	-50.00 mm other units	0.00	DFE	N/A	XX
CVE Cenovus Energy Inc.	221.75 k	321.00 k principal	0.00	Debt	Long	Canada
NISOURCE FINANCE CORPORATION	219.68 k	249.00 k principal	0.00	Debt	Long	USA
MET MetLife, Inc.	216.18 k	239.00 k principal	0.00	Debt	Long	USA
DUKE ENERGY CAROLINAS	216.09 k	225.00 k principal	0.00	Debt	Long	USA
RTX RTX Corporation	212.28 k	224.00 k principal	0.00	Debt	Long	USA
FTSE 100 INDEX MAR 25	211.63 k	-290.00 contracts	0.00	Equity derivative	N/A	UK
D Dominion Energy, Inc.	211.28 k	250.00 k principal	0.00	Debt	Long	USA
CPB Campbell Soup Company	207.56 k	220.00 k principal	0.00	Debt	Long	USA
US DOLLARS Citi	202.00 k	-16.00 mm other units	0.00	DFE	N/A	UK
FOUNDRY JV HOLDCO LLC	201.95 k	200.00 k principal	0.00	Debt	Long	USA
TOTALENERGIES CAPITAL SA	199.56 k	209.00 k principal	0.00	Debt	Long	France
MARS INC	198.65 k	260.00 k principal	0.00	Debt	Long	USA
CPB Campbell Soup Company	197.85 k	307.00 k principal	0.00	Debt	Long	USA
C Citigroup Inc.	197.35 k	230.00 k principal	0.00	Debt	Long	USA
ES Eversource Energy	194.86 k	190.00 k principal	0.00	Debt	Long	USA
US DOLLARS Citi	192.68 k	-100.00 mm other units	0.00	DFE	N/A	Norway
KR The Kroger Co.	190.15 k	202.00 k principal	0.00	Debt	Long	USA
NORTHWESTERN MUTUAL LIFE INSURANCE	184.13 k	274.00 k principal	0.00	Debt	Long	USA
MCDONALDS CORPORATION	183.78 k	255.00 k principal	0.00	Debt	Long	USA
PFE Pfizer Inc.	183.39 k	228.00 k principal	0.00	Debt	Long	USA
IBM International Business Machines Corporation	183.36 k	200.00 k principal	0.00	Debt	Long	USA
LMT Lockheed Martin Corporation	175.55 k	186.00 k principal	0.00	Debt	Long	USA
CONSOLIDATED EDISON COMPANY OF NY	171.91 k	169.00 k principal	0.00	Debt	Long	USA
NSC Norfolk Southern Corporation	171.51 k	180.00 k principal	0.00	Debt	Long	USA
FANG Diamondback Energy, Inc.	170.95 k	182.00 k principal	0.00	Debt	Long	USA
URI United Rentals, Inc.	169.77 k	190.00 k principal	0.00	Debt	Long	USA
CNC Centene Corporation	164.81 k	185.00 k principal	0.00	Debt	Long	USA
US DOLLARS Barclays	163.31 k	-60.00 mm other units	0.00	DFE	N/A	Norway
CANADIAN PACIFIC RAILWAY COMPANY	162.65 k	250.00 k principal	0.00	Debt	Long	Canada
CONSTELLATION ENERGY GENERATION	160.61 k	165.00 k principal	0.00	Debt	Long	USA
LHX L3Harris Technologies, Inc.	158.61 k	159.00 k principal	0.00	Debt	Long	USA
JERSEY CENTRAL POWER & LIGHT COMPA	157.15 k	161.00 k principal	0.00	Debt	Long	USA
NXP BV / NXP FUNDING LLC/NXP USA	157.00 k	215.00 k principal	0.00	Debt	Long	Netherlands
Apache Corp	147.68 k	170.00 k principal	0.00	Debt	Long	USA
ET Energy Transfer LP	146.86 k	150.00 k principal	0.00	Debt	Long	USA
US 2YR NOTE MAR 25	145.60 k	1.23 k contracts	0.00	Interest rate derivative	N/A	USA
US DOLLARS Wells Fargo	144.31 k	-8.00 mm other units	0.00	DFE	N/A	Australia
NSC Norfolk Southern Corporation	143.76 k	140.00 k principal	0.00	Debt	Long	USA
ERAC USA FINANCE LLC	141.35 k	143.00 k principal	0.00	Debt	Long	USA
NISOURCE INC	138.86 k	170.00 k principal	0.00	Debt	Long	USA
TEACHERS INSURANCE & ANNUITY	138.41 k	155.00 k principal	0.00	Debt	Long	USA
NSC Norfolk Southern Corporation	138.37 k	180.00 k principal	0.00	Debt	Long	USA
SRE Sempra	136.47 k	180.00 k principal	0.00	Debt	Long	USA
MORGAN STANLEY	136.15 k	141.00 k principal	0.00	Debt	Long	USA
LIBERTY MUTUAL GROUP INC	131.04 k	180.00 k principal	0.00	Debt	Long	USA
EASTERN ENERGY GAS HOLDINGS LLC	129.37 k	137.00 k principal	0.00	Debt	Long	USA
MIDAMERICAN ENERGY COMPANY	127.39 k	135.00 k principal	0.00	Debt	Long	USA
XEL Xcel Energy Inc.	127.17 k	185.00 k principal	0.00	Debt	Long	USA
US DOLLARS Wells Fargo	126.81 k	-12.50 mm other units	0.00	DFE	N/A	UK
AEP TEXAS INC	124.18 k	187.00 k principal	0.00	Debt	Long	USA
NISOURCE FINANCE CORPORATION	124.10 k	133.00 k principal	0.00	Debt	Long	USA
Cleveland Electric Illuminating Co	120.62 k	178.00 k principal	0.00	Debt	Long	USA
BA The Boeing Company	119.82 k	130.00 k principal	0.00	Debt	Long	USA
NXP BV/NXP FUNDING LLC/NXP USA	117.73 k	169.00 k principal	0.00	Debt	Long	Netherlands
CMCSA Comcast Corporation	110.98 k	120.00 k principal	0.00	Debt	Long	USA
CNQ Canadian Natural Resources Limited	109.00 k	105.00 k principal	0.00	Debt	Long	Canada
LYB INTERNATIONAL FINANCE III LLC	104.02 k	155.00 k principal	0.00	Debt	Long	USA
FOX Fox Corporation	101.97 k	110.00 k principal	0.00	Debt	Long	USA
CHARTER COMM OPT/OPT CAP	100.46 k	165.00 k principal	0.00	Debt	Long	USA