0001145549-20-068117.txt : 20201124 0001145549-20-068117.hdr.sgml : 20201124 20201124083903 ACCESSION NUMBER: 0001145549-20-068117 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201124 PERIOD START: 20201231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA ACORN TRUST CENTRAL INDEX KEY: 0000002110 IRS NUMBER: 362692100 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-01829 FILM NUMBER: 201340086 BUSINESS ADDRESS: STREET 1: 71 S. WACKER DRIVE, SUITE 2500 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126349200 MAIL ADDRESS: STREET 1: 71 S. WACKER DRIVE, SUITE 2500 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY ACORN TRUST DATE OF NAME CHANGE: 20010424 FORMER COMPANY: FORMER CONFORMED NAME: ACORN INVESTMENT TRUST DATE OF NAME CHANGE: 19940204 FORMER COMPANY: FORMER CONFORMED NAME: ACORN FUND INC DATE OF NAME CHANGE: 19920703 0000002110 S000033621 Columbia Acorn European Fund C000103324 Columbia Acorn European Fund Class A CAEAX C000103325 Columbia Acorn European Fund Class C CAECX C000103327 Columbia Acorn European Fund Institutional Class CAEZX C000122752 Columbia Acorn European Fund Institutional 2 Class CAEEX C000144049 Columbia Acorn European Fund Advisor Class CLOFX C000171393 Columbia Acorn European Fund Institutional 3 Class CAEYX NPORT-P 1 primary_doc.xml NPORT-P false 0000002110 XXXXXXXX S000033621 C000144049 C000103324 C000103325 C000103327 C000122752 C000171393 Columbia Acorn Trust 811-01829 0000002110 549300DX0CWIN8VE1908 71 S Wacker Dr. Suite 2500 Chicago 60606 312-634-9200 Columbia Acorn European Fund S000033621 5493000YCDHFU2BTMI80 2020-12-31 2020-09-30 N 93881394.450000000000 167758.270000000000 93713636.180000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 5893.770000000000 N Abcam PLC 213800B9N83DSNT33F79 Abcam PLC 000000000 55170.000000000000 NS 871348.050000000000 0.9297985710 Long EC CORP GB N 2 N N N ALK ABELLO A/S 529900SGCREUZCZ7P020 ALK-Abello A/S 000000000 3625.000000000000 NS 1191895.460000000000 1.2718484829 Long EC CORP DK N 2 N N N Amplifon SpA ZYXJDNVM2JI3VBM8G556 Amplifon SpA 000000000 43430.000000000000 NS 1553074.200000000000 1.6572552974 Long EC CORP IT N 2 N N N Belimo Holding AG 506700339DLX749VEM23 Belimo Holding AG 000000000 295.000000000000 NS 2227256.440000000000 2.3766620641 Long EC CORP CH N 2 N N N COLUMBIA SHORT TERM CASH FUND N/A COLUMBIA SHORT TERM CASH FUND 19766H239 5006847.435000000000 NS USD 5006346.750000000000 5.3421753270 Long STIV CORP US N 1 N N N Dechra Pharmaceuticals PLC 213800J4UVB5OWG8VX82 Dechra Pharmaceuticals PLC 000000000 62622.000000000000 NS 2603810.830000000000 2.7784759360 Long EC CORP GB N 2 N N N Deutsche Beteiligungs AG 529900I88AOT7YXRMQ23 Deutsche Beteiligungs AG 000000000 25982.000000000000 NS 944340.290000000000 1.0076871718 Long EC CORP DE N 2 N N N Diploma PLC 2138008OGI7VYG8FGR19 Diploma PLC 000000000 92992.000000000000 NS 2636731.970000000000 2.8136054447 Long EC CORP GB N 2 N N N UDG Healthcare PLC 549300IWG5ZPP6B8HH13 UDG Healthcare PLC 000000000 177055.000000000000 NS 1761163.380000000000 1.8793032175 Long EC CORP IE N 2 N N N Gurit Holding AG 529900VOD3V5IBEW8G44 Gurit Holding AG 000000000 507.000000000000 NS 1079570.920000000000 1.1519891491 Long EC CORP CH N 2 N N N Halma PLC 2138007FRGLUR9KGBT40 Halma PLC 000000000 64455.000000000000 NS 1947304.930000000000 2.0779312482 Long EC CORP GB N 2 N N N BE Semiconductor Industries NV 7245007A1YFLI2GNYX06 BE Semiconductor Industries NV 000000000 28308.000000000000 NS 1213616.000000000000 1.2950260490 Long EC CORP NL N 2 N N N HEXAGON AB 549300WJFW6ILNI4TA80 Hexagon AB 000000000 44403.000000000000 NS 3353892.840000000000 3.5788738723 Long EC CORP SE N 2 N N N IMA INDUSTRIA MACCHINE AUTOMATICHE SPA 815600D86992FDA7B908 IMA Industria Macchine Automatiche SpA 000000000 17813.000000000000 NS 1405550.260000000000 1.4998353679 Long EC CORP IT N 2 N N N Inter Parfums Inc N/A Inter Parfums Inc 458334109 33935.000000000000 NS USD 1267472.250000000000 1.3524950068 Long EC CORP US N 1 N N N Inficon Holding AG 5067008UT6890I0YM937 Inficon Holding AG 000000000 2339.000000000000 NS 1938322.980000000000 2.0683467839 Long EC CORP CH N 2 N N N JUMBO SA 549300TGIVUUMY40MZ05 JUMBO SA 000000000 53119.000000000000 NS 930022.040000000000 0.9924084455 Long EC CORP GR N 2 N N N ROBERTET SA 969500EUEC3HIYQOCS92 Robertet SA 000000000 1989.000000000000 NS 2266706.530000000000 2.4187584885 Long EC CORP FR N 2 N N N Kernel Holding SA 5493003GR6L4DZOS2U12 Kernel Holding SA 000000000 44077.000000000000 NS 456107.070000000000 0.4867029907 Long EC CORP LU N 2 N N N Vidrala SA 95980020140005399488 Vidrala SA 000000000 18753.000000000000 NS 2044786.410000000000 2.1819518411 Long EC CORP ES N 2 N N N Nemetschek SE 529900R0S2IX1S358J38 Nemetschek SE 000000000 27487.000000000000 NS 2009059.850000000000 2.1438287232 Long EC CORP DE N 2 N N N ECKERT & ZIEGLER STRAHLEN UND MEDIZINTECHNIK AG 391200EUDABLUKXCKG48 Eckert & Ziegler Strahlen- und Medizintechnik AG 000000000 35144.000000000000 NS 1798167.650000000000 1.9187897549 Long EC CORP DE N 2 N N N Partners Group Holding AG 549300I3IVVWZWDHI788 Partners Group Holding AG 000000000 943.000000000000 NS 867375.220000000000 0.9255592413 Long EC CORP CH N 2 N N N Rentokil Initial PLC 549300VN4WV7Z6T14K68 Rentokil Initial PLC 000000000 451299.000000000000 NS 3119312.640000000000 3.3285578995 Long EC CORP GB N 2 N N N Safestore Holdings PLC 213800WGA3YSJC1YOH73 Safestore Holdings PLC 000000000 117394.000000000000 NS 1179000.020000000000 1.2580880094 Long EC CORP GB N 2 N N N SimCorp A/S 5299000WVEJNSG42AK88 SimCorp A/S 000000000 22258.000000000000 NS 2919898.740000000000 3.1157672021 Long EC CORP DK N 2 N N N SPIRAX-SARCO ENGINEERING PLC 213800WFVZQMHOZP2W17 Spirax-Sarco Engineering PLC 000000000 20701.000000000000 NS 2947858.070000000000 3.1456020598 Long EC CORP GB N 2 N N N Sweco AB 549300Q4Y55VICYV6U90 Sweco AB 000000000 58991.000000000000 NS 3267816.680000000000 3.4870236747 Long EC CORP SE N 2 N N N Trelleborg AB 213800XY16PAWG2PAD14 Trelleborg AB 000000000 101053.000000000000 NS 1784501.880000000000 1.9042072773 Long EC CORP SE N 2 N N N Washtec AG 391200HHWCQ0KBSG9U91 Washtec AG 000000000 21462.000000000000 NS 930692.840000000000 0.9931242431 Long EC CORP DE N 2 N N N Kardex AG 529900JKKMQ07D6QZ480 Kardex AG 000000000 5897.000000000000 NS 1096212.080000000000 1.1697466075 Long EC CORP CH N 2 N N N LEM Holding SA 5067008AF2B2C5O7TJ43 LEM Holding SA 000000000 97.000000000000 NS 181685.680000000000 0.1938732584 Long EC CORP CH N 2 N N N Hypoport SE 391200GNIFXXP6KRYQ46 Hypoport AG 000000000 4125.000000000000 NS 2583948.180000000000 2.7572808882 Long EC CORP DE N 2 N N N Carel Industries SpA 815600115DA6E507AE33 CAREL INDUSTRIES SPA 000000000 99794.000000000000 NS 2109200.760000000000 2.2506871422 Long EC CORP IT N 2 N N N Rightmove PLC 2138001JXGCFKBXYB828 RIGHTMOVE PLC 000000000 244997.000000000000 NS 1980645.640000000000 2.1135084719 Long EC CORP GB N 2 N N N NEXI SPA 5493000P70CQRQG8SN85 Nexi SpA 000000000 71659.000000000000 NS 1436205.860000000000 1.5325473629 Long EC CORP IT N 2 N N N Sectra AB 549300R9ZBT8YSFFK266 Sectra AB 000000000 62937.000000000000 NS 4164604.460000000000 4.4439684871 Long EC CORP SE N 2 N N N AddTech AB 549300QZ5U2IDRHPWL60 AddTech AB 000000000 235620.000000000000 NS 3086774.070000000000 3.2938366238 Long EC CORP SE N 2 N N N GVS SPA 81560013EACB40B52D17 GVS SpA 000000000 105559.000000000000 NS 1423270.200000000000 1.5187439715 Long EC CORP IT N 2 N N N IMCD NV 724500NSJPNFJPDAUP02 IMCD NV 000000000 20725.000000000000 NS 2464923.860000000000 2.6302723493 Long EC CORP NL N 2 N N N ARGENX SE 7245009C5FZE6G9ODQ71 Argenx SE 000000000 4000.000000000000 NS 1056665.830000000000 1.1275475727 Long EC CORP NL N 2 N N N Dustin Group AB 549300C3IRYAOWOT0783 Dustin Group AB 000000000 171373.000000000000 NS 1076849.430000000000 1.1490851000 Long EC CORP SE N 2 N N N RWS HOLDINGS PLC 213800YGBGTTSKUVK111 RWS Holdings PLC 000000000 126910.000000000000 NS 923856.890000000000 0.9858297337 Long EC CORP GB N 2 N N N Auto Trader Group PLC 213800QLK9BZILB1DI86 Auto Trader Group PLC 000000000 232476.000000000000 NS 1687869.400000000000 1.8010926358 Long EC CORP GB N 2 N N N Dometic Group AB 549300STIPMK5VSA7Y59 Dometic Group AB 000000000 136718.000000000000 NS 1687996.070000000000 1.8012278029 Long EC CORP SE N 2 N N N KINDRED GROUP PLC 213800D1MJVOT6SNBX11 Unibet Group PLC 000000000 162979.000000000000 NS 1180039.350000000000 1.2591970583 Long EC CORP MT N 2 N N N Intermediate Capital Group PLC 549300OGASR5WRKJ8R68 Intermediate Capital Group PLC 000000000 110151.000000000000 NS 1694107.320000000000 1.8077489990 Long EC CORP GB N 2 N N N Munters Group AB 549300KYCB37YAVUV523 Munters Group AB 000000000 379626.000000000000 NS 2967202.440000000000 3.1662440611 Long EC CORP SE N 2 N N N Befesa SA 222100VXGA8L6J4ZWG61 Befesa SA 000000000 36637.000000000000 NS 1469859.870000000000 1.5684589030 Long EC CORP LU N 2 N N N TeamViewer AG 3912000FZ0R0KEK9JS42 TeamViewer AG 000000000 35116.000000000000 NS 1731915.690000000000 1.8480935759 Long EC CORP DE N 2 N N N 2020-10-27 Columbia Acorn Trust Martha Skinner Martha Skinner Assistant Treasurer XXXX NPORT-EX 2 nportpoi_acorn.htm
Portfolio of Investments
Columbia Acorn® Fund, September 30, 2020 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.6%
Issuer Shares Value ($)
Communication Services 3.0%
Entertainment 3.0%
Take-Two Interactive Software, Inc.(a) 382,000 63,114,040
Zynga, Inc., Class A(a) 7,153,599 65,240,823
Total   128,354,863
Total Communication Services 128,354,863
Consumer Discretionary 14.2%
Auto Components 0.6%
Dorman Products, Inc.(a) 272,225 24,603,695
Diversified Consumer Services 4.0%
Bright Horizons Family Solutions, Inc.(a) 417,432 63,466,361
Chegg, Inc.(a) 1,103,043 78,801,392
Grand Canyon Education, Inc.(a) 401,887 32,126,847
Total   174,394,600
Hotels, Restaurants & Leisure 3.7%
Churchill Downs, Inc. 104,000 17,037,280
DraftKings, Inc., Class A(a),(b) 487,500 28,684,500
Planet Fitness, Inc., Class A(a) 958,817 59,082,303
Shake Shack, Inc., Class A(a),(b) 324,000 20,891,520
Wingstop, Inc. 258,904 35,379,232
Total   161,074,835
Household Durables 2.9%
Helen of Troy Ltd.(a) 144,197 27,905,004
NVR, Inc.(a) 14,600 59,613,552
Skyline Champion Corp.(a) 1,355,443 36,285,209
Total   123,803,765
Specialty Retail 3.0%
Five Below, Inc.(a) 355,000 45,085,000
Tractor Supply Co. 119,273 17,096,592
Vroom, Inc.(a) 522,000 27,029,160
Williams-Sonoma, Inc. 475,000 42,959,000
Total   132,169,752
Total Consumer Discretionary 616,046,647
Consumer Staples 2.8%
Food & Staples Retailing 0.8%
BJ’s Wholesale Club Holdings, Inc.(a) 824,000 34,237,200
Common Stocks (continued)
Issuer Shares Value ($)
Food Products 1.0%
Beyond Meat, Inc.(a),(b) 252,000 41,847,120
Household Products 1.0%
WD-40 Co. 234,059 44,309,710
Total Consumer Staples 120,394,030
Financials 3.2%
Banks 0.7%
Lakeland Financial Corp. 371,000 15,285,200
SVB Financial Group(a) 69,484 16,719,240
Total   32,004,440
Capital Markets 2.5%
Ares Management Corp., Class A 1,876,790 75,859,852
CF Finance Acquisition Corp., Class A(a) 1,019,811 10,606,034
Hamilton Lane, Inc., Class A 343,000 22,154,370
Total   108,620,256
Total Financials 140,624,696
Health Care 32.8%
Biotechnology 14.9%
ACADIA Pharmaceuticals, Inc.(a) 851,490 35,123,963
Acceleron Pharma, Inc.(a) 655,693 73,785,133
Anika Therapeutics, Inc.(a) 648,943 22,966,093
Argenx SE, ADR(a) 240,801 63,215,079
BioMarin Pharmaceutical, Inc.(a) 340,000 25,867,200
CRISPR Therapeutics AG(a) 529,811 44,313,392
Enanta Pharmaceuticals, Inc.(a) 334,000 15,290,520
Exact Sciences Corp.(a) 494,400 50,404,080
Immunomedics, Inc.(a) 1,233,517 104,885,950
Insmed, Inc.(a) 1,030,000 33,104,200
Intercept Pharmaceuticals, Inc.(a) 583,000 24,171,180
Kiniksa Pharmaceuticals Ltd., Class A(a) 1,356,825 20,786,559
Mirati Therapeutics, Inc.(a) 245,455 40,757,803
Natera, Inc.(a) 667,000 48,184,080
Sarepta Therapeutics, Inc.(a) 322,117 45,234,890
Total   648,090,122
Columbia Acorn® Fund | Quarterly Report 2020
1

Portfolio of Investments   (continued)
Columbia Acorn® Fund, September 30, 2020 (Unaudited)
Common Stocks (continued)
Issuer Shares Value ($)
Health Care Equipment & Supplies 6.1%
Globus Medical, Inc., Class A(a) 1,016,000 50,312,320
Haemonetics Corp.(a) 250,000 21,812,500
Hill-Rom Holdings, Inc. 229,466 19,162,706
Masimo Corp.(a) 312,900 73,863,174
Penumbra, Inc.(a) 282,547 54,921,486
STERIS PLC 133,292 23,484,717
West Pharmaceutical Services, Inc. 72,644 19,969,836
Total   263,526,739
Health Care Providers & Services 4.0%
Amedisys, Inc.(a) 187,300 44,283,339
Chemed Corp. 135,196 64,941,398
Encompass Health Corp. 641,163 41,662,772
HealthEquity, Inc.(a) 415,000 21,318,550
Total   172,206,059
Health Care Technology 1.1%
Livongo Health, Inc.(a) 331,852 46,475,873
Life Sciences Tools & Services 4.7%
10X Genomics, Inc., Class A(a) 325,453 40,577,480
Bio-Rad Laboratories, Inc., Class A(a) 82,000 42,267,720
Bio-Techne Corp. 231,502 57,349,990
Pra Health Sciences, Inc.(a) 322,941 32,759,135
Repligen Corp.(a) 218,000 32,163,720
Total   205,118,045
Pharmaceuticals 2.0%
Horizon Therapeutics PLC(a) 681,589 52,945,833
MyoKardia, Inc.(a) 250,000 34,082,500
Theravance Biopharma, Inc.(a) 107,614 1,591,073
Total   88,619,406
Total Health Care 1,424,036,244
Industrials 14.5%
Aerospace & Defense 1.0%
BWX Technologies, Inc. 747,700 42,102,987
Building Products 0.9%
Allegion PLC 383,170 37,899,345
Common Stocks (continued)
Issuer Shares Value ($)
Commercial Services & Supplies 1.1%
Copart, Inc.(a) 221,000 23,240,360
Unifirst Corp. 138,000 26,133,060
Total   49,373,420
Construction & Engineering 0.3%
Comfort Systems U.S.A., Inc. 251,000 12,929,010
Electrical Equipment 2.0%
Atkore International Group, Inc.(a),(c) 1,558,136 35,416,431
Generac Holdings, Inc.(a) 271,300 52,534,532
Total   87,950,963
Machinery 6.4%
Donaldson Co., Inc. 550,000 25,531,000
IDEX Corp. 225,000 41,042,250
ITT, Inc. 440,311 26,000,365
Nordson Corp. 225,000 43,159,500
SPX Corp.(a) 1,812,127 84,046,450
Toro Co. (The) 354,310 29,744,324
Watts Water Technologies, Inc., Class A 293,100 29,353,965
Total   278,877,854
Professional Services 1.5%
Exponent, Inc. 648,000 46,675,440
ICF International, Inc. 315,000 19,381,950
Total   66,057,390
Road & Rail 0.7%
Old Dominion Freight Line, Inc. 156,310 28,279,605
Trading Companies & Distributors 0.6%
Watsco, Inc. 108,302 25,222,453
Total Industrials 628,693,027
Information Technology 24.6%
Electronic Equipment, Instruments & Components 2.6%
CDW Corp. 429,372 51,322,835
Dolby Laboratories, Inc., Class A 483,000 32,013,240
ePlus, Inc.(a) 424,122 31,045,731
Total   114,381,806
 
2 Columbia Acorn® Fund | Quarterly Report 2020

Portfolio of Investments   (continued)
Columbia Acorn® Fund, September 30, 2020 (Unaudited)
Common Stocks (continued)
Issuer Shares Value ($)
IT Services 8.8%
Booz Allen Hamilton Holdings Corp. 588,785 48,857,379
Endava PLC, ADR(a) 193,858 12,242,133
EPAM Systems, Inc.(a) 207,212 66,987,495
GoDaddy, Inc., Class A(a) 815,347 61,941,912
Jack Henry & Associates, Inc. 210,900 34,290,231
JFrog Ltd.(a),(b) 408,319 34,564,203
LiveRamp Holdings, Inc.(a) 581,000 30,078,370
VeriSign, Inc.(a) 133,000 27,245,050
Wix.com Ltd.(a) 259,225 66,063,491
Total   382,270,264
Semiconductors & Semiconductor Equipment 2.2%
CMC Materials, Inc. 163,000 23,278,030
MKS Instruments, Inc. 250,847 27,400,018
Teradyne, Inc. 584,061 46,409,487
Total   97,087,535
Software 11.0%
Alteryx, Inc., Class A(a) 362,397 41,150,179
Anaplan, Inc.(a) 463,971 29,035,305
ANSYS, Inc.(a) 81,417 26,642,085
Blackline, Inc.(a) 447,277 40,089,438
Cadence Design Systems, Inc.(a) 343,871 36,666,965
CyberArk Software Ltd.(a) 216,638 22,404,702
Elastic NV(a) 388,000 41,861,320
Manhattan Associates, Inc.(a) 589,760 56,316,182
Mimecast Ltd.(a) 1,511,795 70,933,421
Qualys, Inc.(a) 330,800 32,421,708
Sprout Social, Inc., Class A(a) 744,000 28,644,000
Zscaler, Inc.(a) 349,176 49,125,572
Total   475,290,877
Total Information Technology 1,069,030,482
Materials 1.9%
Chemicals 0.6%
Avient Corp. 958,000 25,348,680
Common Stocks (continued)
Issuer Shares Value ($)
Containers & Packaging 1.3%
Avery Dennison Corp. 436,221 55,766,493
Total Materials 81,115,173
Real Estate 1.6%
Equity Real Estate Investment Trusts (REITS) 0.4%
Americold Realty Trust 526,393 18,818,550
Real Estate Management & Development 1.2%
Colliers International Group, Inc. 317,374 21,165,672
FirstService Corp. 217,000 28,620,130
Total   49,785,802
Total Real Estate 68,604,352
Total Common Stocks
(Cost $3,104,269,478)
4,276,899,514
Securities Lending Collateral 0.6%
Dreyfus Government Cash Management Fund, Institutional Shares, 0.025%(d),(e) 24,806,550 24,806,550
Total Securities Lending Collateral
(Cost $24,806,550)
24,806,550
Money Market Funds 1.7%
  Shares Value ($)
Columbia Short-Term Cash Fund, 0.136%(c),(d) 73,799,964 73,792,584
Total Money Market Funds
(Cost $73,785,294)
73,792,584
Total Investments in Securities
(Cost: $3,202,861,322)
4,375,498,648
Obligation to Return Collateral for Securities Loaned   (24,806,550)
Other Assets & Liabilities, Net   (15,512,710)
Net Assets 4,335,179,388
 
Columbia Acorn® Fund | Quarterly Report 2020
3

Portfolio of Investments   (continued)
Columbia Acorn® Fund, September 30, 2020 (Unaudited)
Notes to Portfolio of Investments
(a) Non-income producing investment.
(b) All or a portion of this security was on loan at September 30, 2020. The total market value of securities on loan at September 30, 2020 was $24,475,571.
(c) As defined in the Investment Company Act of 1940, 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, 2020 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
Atkore International Group, Inc.‡,†
  54,566,213 (31,576,165) (11,887,307)
Columbia Short-Term Cash Fund, 0.136%
  57,990,784 1,184,055,939 (1,168,261,429) 7,290 73,792,584 (62,496) 510,370 73,799,964
Total 57,990,784     7,290 73,792,584 (11,949,803) 510,370  
    
Issuer was not an affiliate at the beginning of period.
Issuer was not an affiliate at the end of period.
    
(d) The rate shown is the seven-day current annualized yield at September 30, 2020.
(e) Investment made with cash collateral received from securities lending activity.
Abbreviation Legend
ADR American Depositary Receipt
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
4 Columbia Acorn® Fund | Quarterly Report 2020

Portfolio of Investments
Columbia Acorn International®, September 30, 2020 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 97.3%
Issuer Shares Value ($)
Australia 5.0%
Bapcor Ltd. 2,425,000 11,924,987
carsales.com Ltd. 3,396,523 50,881,633
Evolution Mining Ltd. 3,469,000 14,491,522
National Storage REIT 19,549,881 25,552,150
Technology One Ltd. 3,026,433 17,337,996
Total 120,188,288
Austria 0.4%
S&T AG(a),(b) 435,000 9,100,922
Brazil 1.9%
Notre Dame Intermedica Participacoes SA 1,850,000 21,468,420
TOTVS SA 5,238,400 25,175,736
Total 46,644,156
Cambodia 1.1%
NagaCorp Ltd. 21,637,000 25,859,320
Canada 3.4%
CCL Industries, Inc. 662,003 25,524,565
Osisko Gold Royalties Ltd. 2,497,818 29,544,991
Parex Resources, Inc.(a) 1,079,673 11,376,075
Winpak Ltd. 486,261 16,597,655
Total 83,043,286
China 2.5%
51job, Inc., ADR(a) 229,426 17,892,934
A-Living Services Co., Ltd. 4,623,000 23,652,196
Shenzhou International Group Holdings Ltd. 1,076,500 18,331,601
Total 59,876,731
Denmark 1.9%
ALK-Abello AS(a) 3,341 1,098,517
SimCorp AS 342,302 44,904,626
Total 46,003,143
France 0.6%
Robertet SA 13,230 15,077,188
Germany 5.6%
Eckert & Ziegler Strahlen- und Medizintechnik AG 513,272 26,261,925
Hypoport SE(a) 72,624 45,492,522
Nemetschek SE 425,880 31,128,112
Common Stocks (continued)
Issuer Shares Value ($)
TeamViewer AG(a) 662,189 32,659,059
Total 135,541,618
Greece 0.5%
JUMBO SA 642,000 11,240,312
Hong Kong 1.3%
Vitasoy International Holdings Ltd. 7,710,000 30,064,994
India 0.7%
Zee Entertainment Enterprises Ltd. 5,618,278 15,970,185
Ireland 1.7%
UDG Healthcare PLC 4,158,715 41,366,675
Italy 4.4%
Amplifon SpA(a) 845,394 30,231,628
GVS SpA(a) 1,329,419 17,924,786
Industria Macchine Automatiche SpA(a) 458,173 36,152,539
Nexi SpA(a) 1,104,000 22,126,617
Total 106,435,570
Japan 20.4%
Aica Kogyo Co., Ltd. 693,200 24,711,379
Aruhi Corp.(b) 1,003,000 17,737,572
Azbil Corp. 775,240 29,048,211
Daifuku Co., Ltd. 299,200 30,200,471
Daiseki Co., Ltd. 685,200 17,146,566
Daiwa Securities Living Investments Corp. 18,021 18,622,146
Disco Corp. 61,700 15,085,947
Fuso Chemical Co., Ltd. 390,400 13,829,966
Glory Ltd. 734,700 16,473,192
Hikari Tsushin, Inc. 259,028 61,801,194
Invesco Office J-REIT, Inc. 85,875 11,896,390
Lasertec Corp. 284,000 23,344,489
Mandom Corp. 919,200 15,463,511
MonotaRO Co., Ltd 377,300 18,740,860
Nihon M&A Center, Inc. 300,800 17,208,589
Nihon Unisys Ltd. 902,700 28,480,385
NSD Co., Ltd. 785,400 15,426,445
Seiren Co., Ltd. 850,200 12,522,638
Sekisui Chemical Co., Ltd. 2,889,000 46,210,347
Columbia Acorn International® | Quarterly Report 2020
5

Portfolio of Investments   (continued)
Columbia Acorn International®, September 30, 2020 (Unaudited)
Common Stocks (continued)
Issuer Shares Value ($)
Seria Co., Ltd. 730,791 31,184,207
Solasto Corp. 1,424,600 18,671,887
Valqua Ltd. 462,800 8,359,212
Total 492,165,604
Malta 0.9%
Kindred Group PLC 2,993,507 21,674,302
Mexico 0.5%
Corporación Inmobiliaria Vesta SAB de CV 8,069,100 12,122,900
Netherlands 3.9%
Argenx SE, ADR(a) 133,000 34,915,160
BE Semiconductor Industries NV 336,500 14,426,374
IMCD NV 372,100 44,255,641
Total 93,597,175
New Zealand 1.5%
Fisher & Paykel Healthcare Corp., Ltd. 1,662,000 36,681,226
Russian Federation 0.7%
TCS Group Holding PLC, GDR 675,291 17,810,949
Singapore 1.8%
Mapletree Commercial Trust 20,872,100 29,984,265
Mapletree Logistics Trust 8,120,300 12,231,342
Total 42,215,607
South Korea 2.9%
Koh Young Technology, Inc. 374,203 28,632,498
Korea Investment Holdings Co., Ltd. 675,315 41,737,417
Total 70,369,915
Spain 2.2%
Befesa SA 746,454 29,947,397
Vidrala SA 219,477 23,931,296
Total 53,878,693
Sweden 10.0%
AddTech AB, B Shares 3,131,756 41,028,025
Dometic Group AB(a) 2,177,397 26,883,348
Dustin Group AB 290,000 1,822,261
Hexagon AB, Class B(a) 707,761 53,459,328
Munters Group AB(a) 3,772,682 29,487,736
Sectra AB, Class B(a) 265,000 17,535,316
Sweco AB, Class B 729,003 40,383,248
Common Stocks (continued)
Issuer Shares Value ($)
Trelleborg AB, Class B(a) 1,700,786 30,034,297
Total 240,633,559
Switzerland 3.6%
Belimo Holding AG, Registered Shares 5,322 40,181,216
Gurit Holding AG 4,800 10,220,790
Inficon Holding AG 45,183 37,443,030
Total 87,845,036
Taiwan 4.3%
Grape King Bio Ltd. 2,390,000 13,992,462
Parade Technologies Ltd. 447,000 16,342,348
Silergy Corp. 507,000 30,058,463
Sinbon Electronics Co., Ltd. 3,588,000 22,337,297
Voltronic Power Technology Corp. 629,408 21,380,186
Total 104,110,756
Thailand 0.7%
Muangthai Capital PCL, Foreign Registered Shares 11,229,900 17,593,916
United Kingdom 11.7%
Abcam PLC 1,374,000 21,700,784
Auto Trader Group PLC 4,209,438 30,562,215
Dechra Pharmaceuticals PLC 1,028,287 42,755,977
Diploma PLC 580,000 16,445,550
Genus PLC 144,000 7,141,187
Halma PLC 828,031 25,016,350
Intermediate Capital Group PLC 1,559,053 23,978,022
Rentokil Initial PLC(a) 4,652,043 32,154,240
Rightmove PLC 4,994,389 40,376,473
Safestore Holdings PLC 1,829,856 18,377,432
Spirax-Sarco Engineering PLC 173,624 24,724,357
Total 283,232,587
United States 1.2%
Inter Parfums, Inc. 765,801 28,602,667
Total Common Stocks
(Cost $1,662,164,110)
2,348,947,280
Securities Lending Collateral 0.8%
Dreyfus Government Cash Management Fund, Institutional Shares, 0.025%(c),(d) 19,678,480 19,678,480
Total Securities Lending Collateral
(Cost $19,678,480)
19,678,480
 
6 Columbia Acorn International® | Quarterly Report 2020

Portfolio of Investments   (continued)
Columbia Acorn International®, September 30, 2020 (Unaudited)
Money Market Funds 2.6%
  Shares Value ($)
Columbia Short-Term Cash Fund, 0.136%(c),(e) 62,255,181 62,248,955
Total Money Market Funds
(Cost $62,230,996)
62,248,955
Total Investments in Securities
(Cost $1,744,073,586)
2,430,874,715
Obligation to Return Collateral for Securities Loaned   (19,678,480)
Other Assets & Liabilities, Net   3,487,420
Net Assets $2,414,683,655
At September 30, 2020, securities and/or cash totaling $4,861,400 were pledged as collateral.
Long futures contracts
Description Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
MSCI EAFE Index 173 12/2020 USD 16,030,180 (196,992)
MSCI Emerging Markets Index 520 12/2020 USD 28,301,000 (275,554)
Total         (472,546)
Notes to Portfolio of Investments
(a) Non-income producing investment.
(b) All or a portion of this security was on loan at September 30, 2020. The total market value of securities on loan at September 30, 2020 was $18,009,008.
(c) The rate shown is the seven-day current annualized yield at September 30, 2020.
(d) Investment made with cash collateral received from securities lending activity.
(e) As defined in the Investment Company Act of 1940, 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, 2020 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, 0.136%
  55,980,746 560,088,883 (553,838,633) 17,959 62,248,955 (16,220) 345,608 62,255,181
Abbreviation Legend
ADR American Depositary Receipt
GDR Global Depositary Receipt
Currency Legend
USD US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
Columbia Acorn International® | Quarterly Report 2020
7

Portfolio of Investments
Columbia Acorn USA®, September 30, 2020 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 96.4%
Issuer Shares Value ($)
Consumer Discretionary 14.6%
Auto Components 0.9%
Dorman Products, Inc.(a) 27,500 2,485,450
Diversified Consumer Services 1.2%
Grand Canyon Education, Inc.(a) 40,344 3,225,099
Hotels, Restaurants & Leisure 5.6%
Choice Hotels International, Inc. 25,783 2,216,307
Churchill Downs, Inc. 22,182 3,633,855
Planet Fitness, Inc., Class A(a) 36,200 2,230,644
Shake Shack, Inc., Class A(a),(b) 32,000 2,063,360
Wendy’s Co. (The) 99,000 2,207,205
Wingstop, Inc. 20,900 2,855,985
Total   15,207,356
Household Durables 2.9%
Helen of Troy Ltd.(a) 20,602 3,986,899
Skyline Champion Corp.(a) 147,481 3,948,066
Total   7,934,965
Leisure Products 1.2%
Brunswick Corp. 56,906 3,352,333
Specialty Retail 2.8%
Boot Barn Holdings, Inc.(a) 94,190 2,650,507
Five Below, Inc.(a) 24,814 3,151,378
Vroom, Inc.(a) 33,437 1,731,368
Total   7,533,253
Total Consumer Discretionary 39,738,456
Consumer Staples 4.2%
Beverages 0.6%
Primo Water Corp. 110,081 1,563,150
Food & Staples Retailing 1.2%
BJ’s Wholesale Club Holdings, Inc.(a) 83,401 3,465,312
Household Products 1.5%
WD-40 Co. 21,321 4,036,279
Personal Products 0.9%
Inter Parfums, Inc. 67,338 2,515,074
Total Consumer Staples 11,579,815
Common Stocks (continued)
Issuer Shares Value ($)
Financials 5.1%
Banks 0.9%
Lakeland Financial Corp. 59,365 2,445,838
Capital Markets 1.8%
CF Finance Acquisition Corp., Class A(a) 78,831 819,842
Hamilton Lane, Inc., Class A 29,601 1,911,929
Houlihan Lokey, Inc. 35,530 2,098,046
Total   4,829,817
Consumer Finance 0.8%
FirstCash, Inc. 40,452 2,314,259
Thrifts & Mortgage Finance 1.6%
Merchants Bancorp 214,848 4,234,654
Total Financials 13,824,568
Health Care 34.5%
Biotechnology 15.3%
ACADIA Pharmaceuticals, Inc.(a) 36,989 1,525,796
Acceleron Pharma, Inc.(a) 41,692 4,691,601
Anika Therapeutics, Inc.(a) 89,694 3,174,271
CRISPR Therapeutics AG(a) 24,042 2,010,873
Enanta Pharmaceuticals, Inc.(a) 48,855 2,236,582
Fate Therapeutics, Inc.(a) 94,809 3,789,516
Immunogen, Inc.(a) 446,000 1,605,600
Insmed, Inc.(a) 168,010 5,399,841
Intercept Pharmaceuticals, Inc.(a) 62,378 2,586,192
Kiniksa Pharmaceuticals Ltd., Class A(a) 238,412 3,652,472
Mirati Therapeutics, Inc.(a) 29,369 4,876,722
Natera, Inc.(a) 85,805 6,198,553
Total   41,748,019
Health Care Equipment & Supplies 5.4%
Atrion Corp. 4,453 2,787,578
Globus Medical, Inc., Class A(a) 91,326 4,522,464
Haemonetics Corp.(a) 25,017 2,182,733
SI-BONE, Inc.(a) 214,684 5,092,304
Total   14,585,079
8 Columbia Acorn USA® | Quarterly Report 2020

Portfolio of Investments   (continued)
Columbia Acorn USA®, September 30, 2020 (Unaudited)
Common Stocks (continued)
Issuer Shares Value ($)
Health Care Providers & Services 8.3%
Amedisys, Inc.(a) 20,229 4,782,742
Chemed Corp. 10,612 5,097,474
Corvel Corp.(a) 40,895 3,493,660
LHC Group, Inc.(a) 20,525 4,362,794
National Research Corp., Class A 95,966 4,722,487
Total   22,459,157
Health Care Technology 0.6%
American Well Corp., Class A(a) 55,450 1,643,538
Life Sciences Tools & Services 2.2%
NanoString Technologies, Inc.(a) 58,167 2,600,065
Repligen Corp.(a) 23,740 3,502,600
Total   6,102,665
Pharmaceuticals 2.7%
MyoKardia, Inc.(a) 30,000 4,089,900
Reata Pharmaceuticals, Inc., Class A(a) 18,000 1,753,560
Theravance Biopharma, Inc.(a) 105,821 1,564,564
Total   7,408,024
Total Health Care 93,946,482
Industrials 15.5%
Aerospace & Defense 2.2%
BWX Technologies, Inc. 60,974 3,433,446
Curtiss-Wright Corp. 27,241 2,540,496
Total   5,973,942
Commercial Services & Supplies 0.8%
Unifirst Corp. 11,788 2,232,293
Construction & Engineering 1.7%
Comfort Systems U.S.A., Inc. 92,527 4,766,066
Electrical Equipment 1.0%
Atkore International Group, Inc.(a) 120,921 2,748,534
Machinery 4.5%
ITT, Inc. 56,948 3,362,779
SPX Corp.(a) 112,475 5,216,590
Watts Water Technologies, Inc., Class A 36,171 3,622,526
Total   12,201,895
Common Stocks (continued)
Issuer Shares Value ($)
Professional Services 2.8%
Exponent, Inc. 73,090 5,264,673
ICF International, Inc. 39,936 2,457,262
Total   7,721,935
Road & Rail 1.4%
Saia, Inc.(a) 29,726 3,749,638
Trading Companies & Distributors 1.1%
SiteOne Landscape Supply, Inc.(a) 23,843 2,907,654
Total Industrials 42,301,957
Information Technology 17.5%
Electronic Equipment, Instruments & Components 2.5%
Badger Meter, Inc. 43,615 2,851,112
ePlus, Inc.(a) 55,368 4,052,938
Total   6,904,050
IT Services 2.5%
Endava PLC, ADR(a) 35,024 2,211,765
JFrog Ltd.(a) 15,446 1,307,504
LiveRamp Holdings, Inc.(a) 66,070 3,420,444
Total   6,939,713
Semiconductors & Semiconductor Equipment 1.9%
Advanced Energy Industries, Inc.(a) 48,186 3,032,827
Inphi Corp.(a) 18,079 2,029,368
Total   5,062,195
Software 10.6%
Blackline, Inc.(a) 30,576 2,740,527
CyberArk Software Ltd.(a) 23,818 2,463,257
Elastic NV(a) 19,023 2,052,391
j2 Global, Inc.(a) 32,059 2,219,124
Manhattan Associates, Inc.(a) 56,440 5,389,456
Mimecast Ltd.(a) 113,454 5,323,262
Qualys, Inc.(a) 42,059 4,122,203
Sprout Social, Inc., Class A(a) 119,108 4,585,658
Total   28,895,878
Total Information Technology 47,801,836
 
Columbia Acorn USA® | Quarterly Report 2020
9

Portfolio of Investments   (continued)
Columbia Acorn USA®, September 30, 2020 (Unaudited)
Common Stocks (continued)
Issuer Shares Value ($)
Materials 1.3%
Chemicals 1.3%
Avient Corp. 130,388 3,450,066
Total Materials 3,450,066
Real Estate 3.7%
Equity Real Estate Investment Trusts (REITS) 0.9%
UMH Properties, Inc. 181,001 2,450,754
Real Estate Management & Development 2.8%
Colliers International Group, Inc. 36,100 2,407,509
FirstService Corp. 19,695 2,597,574
Redfin Corp.(a) 53,122 2,652,381
Total   7,657,464
Total Real Estate 10,108,218
Total Common Stocks
(Cost $211,786,975)
262,751,398
Securities Lending Collateral 0.2%
Issuer Shares Value ($)
Dreyfus Government Cash Management Fund, Institutional Shares, 0.025%(c),(d) 576,375 576,375
Total Securities Lending Collateral
(Cost $576,375)
576,375
Money Market Funds 3.7%
  Shares Value ($)
Columbia Short-Term Cash Fund, 0.136%(c),(e) 10,156,642 10,155,626
Total Money Market Funds
(Cost $10,155,442)
10,155,626
Total Investments in Securities
(Cost: $222,518,792)
273,483,399
Obligation to Return Collateral for Securities Loaned   (576,375)
Other Assets & Liabilities, Net   (362,911)
Net Assets 272,544,113
 
At September 30, 2020, securities and/or cash totaling $638,000 were pledged as collateral.
Long futures contracts
Description Number of
contracts
Expiration
date
Trading
currency
Notional
amount
Value/Unrealized
appreciation ($)
Value/Unrealized
depreciation ($)
Russell 2000 Index E-mini 97 12/2020 USD 7,296,340 72,657
Notes to Portfolio of Investments
(a) Non-income producing investment.
(b) All or a portion of this security was on loan at September 30, 2020. The total market value of securities on loan at September 30, 2020 was $560,976.
(c) The rate shown is the seven-day current annualized yield at September 30, 2020.
(d) Investment made with cash collateral received from securities lending activity.
(e) As defined in the Investment Company Act of 1940, 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, 2020 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, 0.136%
  13,292,093 130,184,201 (133,320,852) 184 10,155,626 (3,356) 70,757 10,156,642
Abbreviation Legend
ADR American Depositary Receipt
Currency Legend
USD US Dollar
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
10 Columbia Acorn USA® | Quarterly Report 2020

Portfolio of Investments
Columbia Acorn International SelectSM, September 30, 2020 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 98.2%
Issuer Shares Value ($)
Australia 2.5%
carsales.com Ltd. 759,937 11,384,241
Brazil 1.9%
TOTVS SA 1,809,600 8,696,933
Canada 5.0%
CCL Industries, Inc. 353,983 13,648,370
Winpak Ltd. 283,207 9,666,748
Total 23,315,118
China 13.5%
51job, Inc., ADR(a) 139,603 10,887,638
A-Living Services Co., Ltd. 1,795,750 9,187,418
NetEase, Inc., ADR 29,738 13,520,976
New Oriental Education & Technology Group, Inc., ADR(a) 97,082 14,513,759
Shenzhou International Group Holdings Ltd. 836,800 14,249,776
Total 62,359,567
Denmark 2.7%
SimCorp AS 95,775 12,564,170
Germany 4.5%
Nemetschek SE 159,757 11,676,843
TeamViewer AG(a) 181,133 8,933,451
Total 20,610,294
Italy 4.5%
Amplifon SpA(a) 303,294 10,845,915
Nexi SpA(a) 492,768 9,876,167
Total 20,722,082
Japan 16.9%
Hikari Tsushin, Inc. 79,700 19,015,532
Lasertec Corp. 136,800 11,244,810
Nihon Unisys Ltd. 322,100 10,162,326
Obic Co., Ltd. 60,200 10,586,933
Recruit Holdings Co., Ltd. 306,000 12,152,900
Sekisui Chemical Co., Ltd. 809,500 12,948,175
Seria Co., Ltd. 51,700 2,206,135
Total 78,316,811
Common Stocks (continued)
Issuer Shares Value ($)
Malta 0.0%
BGP Holdings PLC(a),(b) 2,232,232 3
Netherlands 5.8%
IMCD NV 89,048 10,590,907
Koninklijke Philips NV(a) 344,982 16,289,751
Total 26,880,658
New Zealand 3.1%
Fisher & Paykel Healthcare Corp., Ltd. 639,620 14,116,754
South Korea 5.2%
Koh Young Technology, Inc. 129,654 9,920,599
Korea Investment Holdings Co., Ltd. 228,051 14,094,548
Total 24,015,147
Sweden 13.1%
Hexagon AB, Class B(a) 298,540 22,549,629
Sectra AB, Class B(a) 197,492 13,068,244
Sweco AB, Class B 246,861 13,674,908
Trelleborg AB, Class B(a) 638,319 11,272,119
Total 60,564,900
Switzerland 6.9%
Belimo Holding AG, Registered Shares 1,510 11,400,533
Lonza Group AG, Registered Shares 19,015 11,734,832
Partners Group Holding AG 9,421 8,665,474
Total 31,800,839
Taiwan 1.9%
Voltronic Power Technology Corp. 263,852 8,962,715
United Kingdom 10.7%
Auto Trader Group PLC 1,276,430 9,267,396
Dechra Pharmaceuticals PLC 333,400 13,862,708
Intermediate Capital Group PLC 515,909 7,934,610
Rentokil Initial PLC(a) 1,314,783 9,087,588
Rightmove PLC 1,174,282 9,493,327
Total 49,645,629
Total Common Stocks
(Cost $377,876,054)
453,955,861
Columbia Acorn International SelectSM | Quarterly Report 2020
11

Portfolio of Investments   (continued)
Columbia Acorn International SelectSM, September 30, 2020 (Unaudited)
Money Market Funds 1.6%
  Shares Value ($)
Columbia Short-Term Cash Fund, 0.136%(c),(d) 7,373,198 7,372,461
Total Money Market Funds
(Cost $7,372,230)
7,372,461
Total Investments in Securities
(Cost $385,248,284)
461,328,322
Other Assets & Liabilities, Net   869,794
Net Assets $462,198,116
Notes to Portfolio of Investments
(a) Non-income producing investment.
(b) Valuation based on significant unobservable inputs.
(c) The rate shown is the seven-day current annualized yield at September 30, 2020.
(d) As defined in the Investment Company Act of 1940, 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, 2020 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, 0.136%
  1,151,541 106,104,993 (99,884,304) 231 7,372,461 (3,182) 31,266 7,373,198
Abbreviation Legend
ADR American Depositary Receipt
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
12 Columbia Acorn International SelectSM | Quarterly Report 2020

Portfolio of Investments
Columbia Thermostat FundSM, September 30, 2020 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Equity Funds 44.9%
  Shares Value ($)
Dividend Income 4.9%
Columbia Dividend Income Fund, Institutional 3 Class(a) 2,985,853 70,973,724
International Small Mid Cap 5.0%
Columbia Acorn International®, Institutional 3 Class(a) 2,134,766 71,066,362
U.S. Large Cap 25.0%
Columbia Contrarian Core Fund, Institutional 3 Class(a) 2,429,195 71,442,620
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class(a) 2,918,629 71,535,614
Columbia Large Cap Index Fund, Institutional 3 Class(a) 4,167,331 214,825,902
Total 357,804,136
U.S. Mid Cap 5.0%
Columbia Select Mid Cap Value Fund, Institutional 3 Class(a) 7,566,397 71,426,791
U.S. Small Mid Cap 5.0%
Columbia Acorn® Fund, Institutional 3 Class(a),(b) 4,277,663 71,779,180
Total Equity Funds
(Cost $535,494,836)
643,050,193
Exchange-Traded Equity Funds 5.0%
U.S. Large Cap 5.0%
Columbia Research Enhanced Core ETF(a) 3,185,423 71,546,512
Total Exchange-Traded Equity Funds
(Cost $62,377,756)
71,546,512
Exchange-Traded Fixed Income Funds 4.9%
  Shares Value ($)
Multisector 4.9%
Columbia Diversified Fixed Income Allocation ETF(a) 3,276,087 70,468,631
Total Exchange-Traded Fixed Income Funds
(Cost $66,362,254)
70,468,631
Fixed Income Funds 44.3%
Investment Grade 44.3%
Columbia Corporate Income Fund, Institutional 3 Class(a) 6,240,687 70,582,172
Columbia Quality Income Fund, Institutional 3 Class(a) 6,228,034 141,127,245
Columbia Short Term Bond Fund, Institutional 3 Class(a) 10,552,088 105,731,921
Columbia Total Return Bond Fund, Institutional 3 Class(a) 1,791,594 70,535,075
Columbia U.S. Treasury Index Fund, Institutional 3 Class(a) 20,046,012 246,365,484
Total 634,341,897
Total Fixed Income Funds
(Cost $613,599,940)
634,341,897
Money Market Funds 0.5%
Columbia Short-Term Cash Fund, 0.136%(a),(c) 6,083,714 6,083,106
Total Money Market Funds
(Cost $6,083,103)
6,083,106
Total Investments in Securities
(Cost: $1,283,917,889)
1,425,490,339
Other Assets & Liabilities, Net   6,048,149
Net Assets 1,431,538,488
Notes to Portfolio of Investments
(a) As defined in the Investment Company Act of 1940, 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, 2020 are as follows:
    
Affiliated issuers Beginning
of period($)
Purchases($) Sales($) Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Acorn International®, Institutional 3 Class
  14,336,928 76,527,004 (32,216,193) 12,418,623 71,066,362 2,248,667 1,124,582 328,362 2,134,766
Columbia Acorn SelectSM, Institutional 3 Class
  14,215,080 44,681,686 (57,267,751) (1,629,015) 1,414,804 10,745,116 322,525
Columbia Thermostat FundSM | Quarterly Report 2020
13

Portfolio of Investments   (continued)
Columbia Thermostat FundSM, September 30, 2020 (Unaudited)
Notes to Portfolio of Investments  (continued)
Affiliated issuers Beginning
of period($)
Purchases($) Sales($) Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Capital gain
distributions($)
Realized gain
(loss)($)
Dividends —
affiliated
issuers ($)
End of
period shares
Columbia Acorn® Fund, Institutional 3 Class
  14,254,256 76,468,970 (32,270,245) 13,326,199 71,779,180 2,288,169 2,658,707 4,277,663
Columbia Contrarian Core Fund, Institutional 3 Class
  14,273,333 76,451,764 (30,211,480) 10,929,003 71,442,620 3,893,355 2,429,195
Columbia Corporate Income Fund, Institutional 3 Class
  57,276,785 67,077,994 (54,636,521) 863,914 70,582,172 (994,680) 1,159,498 6,240,687
Columbia Diversified Fixed Income Allocation ETF
  57,229,227 65,935,410 (53,885,293) 1,189,287 70,468,631 (2,879,267) 1,011,177 3,276,087
Columbia Dividend Income Fund, Institutional 3 Class
  14,264,391 81,568,227 (31,497,063) 6,638,169 70,973,724 2,668,584 893,481 2,985,853
Columbia Inflation Protected Securities Fund
  57,184,897 9,333,717 (64,547,102) (1,971,512) 1,550,026
Columbia Large Cap Enhanced Core Fund, Institutional 3 Class
  14,253,804 81,213,292 (30,710,809) 6,779,327 71,535,614 3,678,358 3,446,431 143,127 2,918,629
Columbia Large Cap Index Fund, Institutional 3 Class
  57,074,167 284,322,868 (155,409,624) 28,838,491 214,825,902 5,654,689 13,800,420 507,791 4,167,331
Columbia Quality Income Fund, Institutional 3 Class
  114,706,732 136,930,760 (113,264,781) 2,754,534 141,127,245 2,349,289 2,385,447 6,228,034
Columbia Research Enhanced Core ETF
  90,931,545 (28,553,789) 9,168,756 71,546,512 391,836 3,185,423
Columbia Select Mid Cap Value Fund, Institutional 3 Class
  66,932,760 4,494,031 71,426,791 1,587,312 339,368 7,566,397
Columbia Short Term Bond Fund, Institutional 3 Class
  86,093,014 102,966,710 (86,247,331) 2,919,528 105,731,921 (1,859,247) 1,674,970 10,552,088
Columbia Short-Term Cash Fund, 0.136%
  6,263,184 356,827,398 (357,007,478) 2 6,083,106 394 39,450 6,083,714
Columbia Total Return Bond Fund, Institutional 3 Class
  138,965,181 (71,794,838) 3,364,732 70,535,075 719,525 764,674 1,791,594
Columbia U.S. Treasury Index Fund, Institutional 3 Class
  200,147,836 246,124,337 (197,601,763) (2,304,926) 246,365,484 16,080,412 2,384,889 20,046,012
Total 721,573,634     97,779,143 1,425,490,339 16,871,999 53,695,483 11,954,759  
    
(b) Non-income producing investment.
(c) The rate shown is the seven-day current annualized yield at September 30, 2020.
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
14 Columbia Thermostat FundSM | Quarterly Report 2020

Portfolio of Investments
Columbia Acorn European FundSM, September 30, 2020 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 94.4%
Issuer Shares Value ($)
Denmark 4.4%
ALK-Abello AS(a) 3,632 1,194,197
SimCorp AS 22,258 2,919,899
Total 4,114,096
France 2.4%
Robertet SA 1,989 2,266,707
Germany 10.7%
Deutsche Beteiligungs AG 25,982 944,340
Eckert & Ziegler Strahlen- und Medizintechnik AG 35,144 1,798,167
Hypoport SE(a) 4,125 2,583,948
Nemetschek SE 27,487 2,009,060
TeamViewer AG(a) 35,116 1,731,916
Washtec AG(a) 21,462 930,693
Total 9,998,124
Greece 1.0%
JUMBO SA 53,119 930,022
Ireland 1.9%
UDG Healthcare PLC 177,055 1,761,163
Italy 8.5%
Amplifon SpA(a) 43,430 1,553,074
Carel Industries SpA 99,794 2,109,201
GVS SpA(a) 105,559 1,423,270
Industria Macchine Automatiche SpA(a) 17,813 1,405,550
Nexi SpA(a) 71,659 1,436,206
Total 7,927,301
Malta 1.3%
Kindred Group PLC 162,979 1,180,039
Netherlands 5.1%
Argenx SE(a) 4,000 1,056,666
BE Semiconductor Industries NV 28,308 1,213,616
IMCD NV 20,725 2,464,924
Total 4,735,206
Spain 3.7%
Befesa SA 36,637 1,469,860
Vidrala SA 18,753 2,044,786
Total 3,514,646
Common Stocks (continued)
Issuer Shares Value ($)
Sweden 22.8%
AddTech AB, B Shares 235,620 3,086,774
Dometic Group AB(a) 136,718 1,687,996
Dustin Group AB 171,373 1,076,849
Hexagon AB, Class B(a) 44,403 3,353,893
Munters Group AB(a) 379,626 2,967,202
Sectra AB, Class B(a) 62,937 4,164,605
Sweco AB, Class B 58,991 3,267,817
Trelleborg AB, Class B(a) 101,053 1,784,502
Total 21,389,638
Switzerland 7.7%
Belimo Holding AG, Registered Shares 295 2,227,257
Gurit Holding AG 507 1,079,571
Inficon Holding AG 2,339 1,938,323
Kardex Energy AG 5,897 1,096,212
Partners Group Holding AG 943 867,375
Total 7,208,738
Ukraine 0.5%
Kernel Holding SA 44,077 456,107
United Kingdom 23.1%
Abcam PLC 55,170 871,348
Auto Trader Group PLC 232,476 1,687,869
Dechra Pharmaceuticals PLC 62,622 2,603,811
Diploma PLC 92,992 2,636,732
Halma PLC 64,455 1,947,305
Intermediate Capital Group PLC 110,151 1,694,107
Rentokil Initial PLC(a) 451,299 3,119,313
Rightmove PLC 244,997 1,980,646
RWS Holdings PLC 126,910 923,857
Safestore Holdings PLC 117,394 1,179,000
Spirax-Sarco Engineering PLC 20,701 2,947,858
Total 21,591,846
United States 1.3%
Inter Parfums, Inc. 33,935 1,267,472
Total Common Stocks
(Cost $59,305,796)
88,341,105
Columbia Acorn European FundSM | Quarterly Report 2020
15

Portfolio of Investments   (continued)
Columbia Acorn European FundSM, September 30, 2020 (Unaudited)
Money Market Funds 5.3%
  Shares Value ($)
Columbia Short-Term Cash Fund, 0.136%(b),(c) 5,006,847 5,006,347
Total Money Market Funds
(Cost $5,006,715)
5,006,347
Total Investments in Securities
(Cost $64,312,511)
93,347,452
Other Assets & Liabilities, Net   264,823
Net Assets $93,612,275
Notes to Portfolio of Investments
(a) Non-income producing investment.
(b) The rate shown is the seven-day current annualized yield at September 30, 2020.
(c) As defined in the Investment Company Act of 1940, 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, 2020 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, 0.136%
  3,469,112 35,963,627 (34,426,024) (368) 5,006,347 (566) 11,165 5,006,847
Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.
16 Columbia Acorn European FundSM | Quarterly Report 2020