NPORT-EX 2 edgar.htm
Schedule of Investments(a)
January 31, 2022
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–99.68%
Aerospace & Defense–1.73%
Raytheon Technologies Corp. 2,089,908    $188,488,803
Air Freight & Logistics–2.86%
United Parcel Service, Inc., Class B 1,538,910    311,182,991
Airlines–0.36%
Southwest Airlines Co.(b) 878,300     39,312,708
Application Software–3.42%
Manhattan Associates, Inc.(b) 226,649     30,341,502
salesforce.com, inc.(b) 977,262    227,340,459
Workday, Inc., Class A(b) 453,196    114,663,120
      372,345,081
Automobile Manufacturers–2.01%
General Motors Co.(b) 2,502,417    131,952,448
Tesla, Inc.(b) 92,597     86,737,462
      218,689,910
Automotive Retail–1.62%
CarMax, Inc.(b)(c) 835,181     92,847,072
O’Reilly Automotive, Inc.(b) 128,121     83,502,862
      176,349,934
Biotechnology–0.80%
Seagen, Inc.(b) 651,924     87,690,297
Cable & Satellite–1.30%
Comcast Corp., Class A 2,826,243    141,283,888
Commodity Chemicals–0.74%
Valvoline, Inc. 2,441,978     80,438,755
Communications Equipment–1.00%
Motorola Solutions, Inc. 468,333    108,625,156
Construction Machinery & Heavy Trucks–1.21%
Caterpillar, Inc. 654,870    131,995,597
Construction Materials–1.26%
Vulcan Materials Co. 720,329    137,085,812
Consumer Finance–0.81%
American Express Co. 488,054     87,761,870
Data Processing & Outsourced Services–2.22%
Fiserv, Inc.(b) 1,398,142    147,783,610
PayPal Holdings, Inc.(b) 547,763     94,182,370
      241,965,980
Distillers & Vintners–0.92%
Constellation Brands, Inc., Class A 420,151     99,890,900
Diversified Banks–2.15%
JPMorgan Chase & Co. 1,578,403    234,550,686
Electric Utilities–1.64%
FirstEnergy Corp.(c) 4,255,479    178,559,899
  Shares Value
Electrical Components & Equipment–0.64%
Hubbell, Inc. 81,693     $15,300,282
Rockwell Automation, Inc.(c) 189,295     54,747,900
      70,048,182
Environmental & Facilities Services–0.57%
Waste Connections, Inc. 498,740     62,192,878
Financial Exchanges & Data–1.51%
Intercontinental Exchange, Inc. 1,301,605    164,861,289
Food Distributors–0.86%
Sysco Corp. 1,199,226     93,719,512
General Merchandise Stores–1.21%
Target Corp.(c) 595,792    131,330,431
Health Care Facilities–2.91%
HCA Healthcare, Inc. 1,040,697    249,819,315
Tenet Healthcare Corp.(b) 914,112     67,753,981
      317,573,296
Health Care Services–2.32%
CVS Health Corp. 2,377,419    253,218,898
Health Care Supplies–1.26%
Cooper Cos., Inc. (The) 298,526    118,902,906
Quidel Corp.(b)(c) 175,087     18,096,992
      136,999,898
Health Care Technology–0.24%
Doximity, Inc., Class A(b)(c) 566,600     25,819,962
Home Improvement Retail–1.64%
Floor & Decor Holdings, Inc., Class A(b)(c) 330,777     35,962,075
Home Depot, Inc. (The) 390,148    143,176,513
      179,138,588
Homebuilding–0.84%
D.R. Horton, Inc. 1,024,972     91,448,002
Hotels, Resorts & Cruise Lines–1.12%
Airbnb, Inc., Class A(b)(c) 792,638    122,042,473
Household Products–2.80%
Procter & Gamble Co. (The) 1,902,042    305,182,639
Industrial Machinery–1.53%
Otis Worldwide Corp.(c) 1,945,763    166,226,533
Industrial REITs–2.65%
Prologis, Inc. 1,844,539    289,260,606
Integrated Oil & Gas–0.86%
Exxon Mobil Corp. 1,227,938     93,274,170
Integrated Telecommunication Services–1.57%
Verizon Communications, Inc. 3,206,005    170,655,646
Interactive Home Entertainment–0.58%
Zynga, Inc., Class A(b)(c) 7,022,037     63,689,876
 
See accompanying notes which are an integral part of this schedule.
Invesco Main Street Fund®
  Shares Value
Interactive Media & Services–2.79%
Alphabet, Inc., Class A(b) 103,575    $280,281,200
Snap, Inc., Class A(b)(c) 733,089     23,854,716
      304,135,916
Internet & Direct Marketing Retail–5.06%
Amazon.com, Inc.(b) 184,119    550,786,465
Internet Services & Infrastructure–0.40%
Snowflake, Inc., Class A(b) 159,910     44,119,169
IT Consulting & Other Services–1.62%
Accenture PLC, Class A 431,279    152,491,629
Amdocs Ltd. 320,160     24,296,942
      176,788,571
Life Sciences Tools & Services–0.94%
Avantor, Inc.(b)(c) 2,729,764    101,902,090
Managed Health Care–2.40%
UnitedHealth Group, Inc. 552,616    261,149,743
Movies & Entertainment–1.42%
Netflix, Inc.(b) 289,480    123,648,487
Warner Music Group Corp., Class A(c) 727,762     30,929,885
      154,578,372
Oil & Gas Refining & Marketing–1.14%
Valero Energy Corp. 1,501,874    124,610,486
Oil & Gas Storage & Transportation–0.61%
Magellan Midstream Partners L.P. 1,364,702     66,692,987
Other Diversified Financial Services–1.87%
Equitable Holdings, Inc. 6,051,948    203,587,531
Packaged Foods & Meats–1.24%
Mondelez International, Inc., Class A 2,017,662    135,243,884
Personal Products–0.09%
Coty, Inc., Class A(b) 1,157,480      9,815,430
Pharmaceuticals–3.68%
AstraZeneca PLC, ADR (United Kingdom) 2,803,201    163,174,330
Bayer AG (Germany) 489,041     29,648,090
Eli Lilly and Co. 847,692    208,015,140
      400,837,560
Property & Casualty Insurance–1.24%
Allstate Corp. (The) 1,120,706    135,235,593
Railroads–0.90%
Union Pacific Corp. 401,491     98,184,624
Real Estate Services–0.09%
Zillow Group, Inc., Class C(b)(c) 185,249      9,351,370
Regional Banks–2.64%
First Citizens BancShares, Inc., Class A(c) 165,509    128,944,752
Signature Bank 257,383     78,406,583
SVB Financial Group(b) 136,803     79,879,272
      287,230,607
  Shares Value
Research & Consulting Services–0.43%
TransUnion 457,194     $47,145,845
Semiconductor Equipment–1.34%
Applied Materials, Inc. 1,058,827    146,308,715
Semiconductors–4.14%
Advanced Micro Devices, Inc.(b)(c) 1,202,587    137,395,565
QUALCOMM, Inc. 1,783,281    313,429,468
      450,825,033
Soft Drinks–0.66%
Coca-Cola Co. (The) 1,173,415     71,590,049
Systems Software–9.25%
Microsoft Corp. 2,345,404    729,373,736
ServiceNow, Inc.(b) 104,714     61,339,367
VMware, Inc., Class A 1,691,570    217,332,913
      1,008,046,016
Technology Hardware, Storage & Peripherals–4.00%
Apple, Inc. 2,493,292    435,777,576
Thrifts & Mortgage Finance–0.57%
Rocket Cos., Inc., Class A 4,925,187     62,254,364
Total Common Stocks & Other Equity Interests (Cost $7,792,779,637) 10,859,099,142
Money Market Funds–0.33%
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(d)(e) 12,645,914     12,645,914
Invesco Liquid Assets Portfolio, Institutional Class, 0.01%(d)(e) 9,382,030      9,382,968
Invesco Treasury Portfolio, Institutional Class, 0.01%(d)(e) 14,452,473     14,452,473
Total Money Market Funds (Cost $36,482,293) 36,481,355
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-100.01% (Cost $7,829,261,930)     10,895,580,497
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–1.30%
Invesco Private Government Fund, 0.02%(d)(e)(f) 42,320,784     42,320,784
Invesco Private Prime Fund, 0.11%(d)(e)(f) 98,728,750     98,748,492
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $141,069,279) 141,069,276
TOTAL INVESTMENTS IN SECURITIES–101.31% (Cost $7,970,331,209) 11,036,649,773
OTHER ASSETS LESS LIABILITIES—(1.31)% (142,673,812)
NET ASSETS–100.00% $10,893,975,961
Investment Abbreviations:
ADR – American Depositary Receipt
REIT – Real Estate Investment Trust
See accompanying notes which are an integral part of this schedule.
Invesco Main Street Fund®
Notes to Schedule of Investments:
(a) Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
(b) Non-income producing security.
(c) All or a portion of this security was out on loan at January 31, 2022.
(d) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2022.
    
  Value
October 31, 2021 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain
(Loss) 		Value
January 31, 2022 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $2,916,163 $106,454,656 $(96,724,905) $- $- $12,645,914 $687
Invesco Liquid Assets Portfolio, Institutional Class 2,916,554 76,039,040 (69,570,556) (938) (1,132) 9,382,968 252
Invesco Treasury Portfolio, Institutional Class 3,332,758 121,662,464 (110,542,749) - - 14,452,473 310
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund 54,353,000 322,982,192 (335,014,408) - - 42,320,784 1,656*
Invesco Private Prime Fund 126,823,666 603,895,604 (631,969,251) (4) (1,523) 98,748,492 20,823*
Total $190,342,141 $1,231,033,956 $(1,243,821,869) $(942) $(2,655) $177,550,631 $23,728
    
* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.
    
(e) The rate shown is the 7-day SEC standardized yield as of January 31, 2022.
(f) The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned.
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Main Street Fund®
Notes to Quarterly Schedule of Portfolio Holdings
January 31, 2022
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Fund’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of January 31, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Common Stocks & Other Equity Interests $10,829,451,052 $29,648,090 $— $10,859,099,142
Money Market Funds 36,481,355 141,069,276 — 177,550,631
Total Investments $10,865,932,407 $170,717,366 $— $11,036,649,773
Invesco Main Street Fund®