0001752724-22-079107.txt : 20220331 0001752724-22-079107.hdr.sgml : 20220331 20220331104230 ACCESSION NUMBER: 0001752724-22-079107 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220131 FILED AS OF DATE: 20220331 PERIOD START: 20220430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) CENTRAL INDEX KEY: 0000725781 IRS NUMBER: 840933032 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03826 FILM NUMBER: 22790091 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM SECTOR FUNDS DATE OF NAME CHANGE: 20031126 FORMER COMPANY: FORMER CONFORMED NAME: AIM SECTOR FUNDS INC DATE OF NAME CHANGE: 20031001 FORMER COMPANY: FORMER CONFORMED NAME: INVESCO SECTOR FUNDS INC DATE OF NAME CHANGE: 19990330 0000725781 S000000160 INVESCO Technology Fund C000000361 Class A ITYAX C000000363 Class C ITHCX C000000365 Investor Class FTCHX C000023158 CLASS R5 FTPIX C000071334 Class Y ITYYX C000188945 Class R6 NPORT-P 1 primary_doc.xml NPORT-P false 0000725781 XXXXXXXX S000000160 C000000365 C000023158 C000188945 C000000361 C000071334 C000000363 AIM Sector Funds (Invesco Sector Funds) 811-03826 0000725781 C791731MUP758KD8DB31 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco Technology Fund S000000160 549300K1TQOMOU0PZQ26 2022-04-30 2022-01-31 N 1636023509.96 64072418.17 1571951091.79 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 386.34000000 N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 5457226.61000000 NS USD 5457226.61000000 0.347162620930 Long STIV RF US N 1 N N N Alphabet, Inc. 5493006MHB84DD0ZWV18 Alphabet, Inc., Class A 02079K305 52089.00000000 NS USD 140956480.23000000 8.966976197045 Long EC CORP US N 1 N N N PayPal Holdings, Inc. 5493005X2GO78EFZ3E94 PayPal Holdings, Inc. 70450Y103 238360.00000000 NS USD 40983618.40000000 2.607181521998 Long EC CORP US N 1 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 NVIDIA Corp. 67066G104 438581.00000000 NS USD 107390943.66000000 6.831697514056 Long EC CORP US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 17706.00000000 NS USD 52966967.82000000 3.369504820896 Long EC CORP US N 1 N N N Sea Ltd. 529900OM6JLLW44YKI15 Sea Ltd., ADR 81141R100 24263.00000000 NS USD 3646971.53000000 0.232002862496 Long EC CORP KY N 1 N N N Lattice Semiconductor Corp. 549300LRBBPZDQ2II567 Lattice Semiconductor Corp. 518415104 419060.00000000 NS USD 23140493.20000000 1.472087351881 Long EC CORP US N 1 N N N RingCentral, Inc. 549300C8EH0H1614VE84 RingCentral, Inc., Class A 76680R206 175458.00000000 NS USD 30966582.42000000 1.969945666995 Long EC CORP US N 1 N N N KLA Corp. 549300H0BF5JCG96TJ81 KLA Corp. 482480100 51269.00000000 NS USD 19957483.63000000 1.269599527252 Long EC CORP US N 1 N N N Snowflake, Inc. 254900CJNSY1K7T53Z16 Snowflake, Inc., Class A 833445109 103616.00000000 NS USD 28587654.40000000 1.818609659633 Long EC CORP US N 1 N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 Apple, Inc. 037833100 862622.00000000 NS USD 150769073.16000000 9.591206364335 Long EC CORP US N 1 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 4775073.36000000 NS USD 4775073.36000000 0.303767298164 Long STIV RF US N 1 N N N Zscaler, Inc. 529900MZ0RTK1BWRNF46 Zscaler, Inc. 98980G102 123879.00000000 NS USD 31850529.69000000 2.026178158872 Long EC CORP US N 1 N N N Reata Pharmaceuticals, Inc. 5299005F094GH9QDDD80 Reata Pharmaceuticals, Inc., Class A 75615P103 45002.00000000 NS USD 1265456.24000000 0.080502265408 Long EC CORP US N 1 N N Tesla, Inc. 54930043XZGB27CTOV49 Tesla, Inc. 88160R101 7947.00000000 NS USD 7444113.84000000 0.473558870812 Long EC CORP US N 1 N N N Gitlab, Inc. N/A Gitlab, Inc., Class A 37637K108 75041.00000000 NS USD 4803374.41000000 0.305567675424 Long EC CORP US N 1 N N ASML Holding N.V. 724500Y6DUVHQD6OXN27 ASML Holding N.V., New York Shares N07059210 43141.00000000 NS USD 29215085.20000000 1.858523802208 Long EC CORP NL N 1 N N N KnowBe4, Inc. N/A KnowBe4, Inc., Class A 49926T104 891093.00000000 NS USD 21314944.56000000 1.355954690405 Long EC CORP US N 1 N N Adobe, Inc. FU4LY2G4933NH2E1CP29 Adobe, Inc. 00724F101 56956.00000000 NS USD 30431590.80000000 1.935912062336 Long EC CORP US N 1 N N N ZoomInfo Technologies, Inc. N/A ZoomInfo Technologies, Inc., Class A 98980F104 517787.00000000 NS USD 27370220.82000000 1.741162365861 Long EC CORP US N 1 N N N Invesco Private Government Fund N/A Invesco Private Government Fund N/A 18865546.55000000 NS USD 18865546.55000000 1.200135719777 Long STIV PF US N 2 N N Datadog, Inc. 549300F6JNO0KRPO1K63 Datadog, Inc., Class A 23804L103 149200.00000000 NS USD 21799612.00000000 1.386786911746 Long EC CORP US N 1 N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc. 30303M102 113143.00000000 NS USD 35443176.18000000 2.254725122499 Long EC CORP US N 1 N N N HubSpot, Inc. 529900BLNVEW0MVKJB37 HubSpot, Inc. 443573100 55858.00000000 NS USD 27303390.40000000 1.736910934608 Long EC CORP US N 1 N N Advanced Micro Devices, Inc. R2I72C950HOYXII45366 Advanced Micro Devices, Inc. 007903107 252415.00000000 NS USD 28838413.75000000 1.834561768531 Long EC CORP US N 1 N N Invesco Private Prime Fund N/A Invesco Private Prime Fund N/A 44010806.42000000 NS USD 44019607.10000000 2.800316582997 Long STIV PF US N 2 N N Applied Materials, Inc. 41BNNE1AFPNAZELZ6K07 Applied Materials, Inc. 038222105 331143.00000000 NS USD 45757339.74000000 2.910862811125 Long EC CORP US N 1 N N N Darktrace PLC 213800PC5S5P9CSNFC89 Darktrace PLC N/A 1004733.00000000 NS 5535243.08000000 0.352125655111 Long EC CORP GB N 2 N N N Shockwave Medical, Inc. 549300LDXO56IC5Y1538 Shockwave Medical, Inc. 82489T104 60265.00000000 NS USD 8736617.05000000 0.555781734917 Long EC CORP US N 1 N N Expensify, Inc. N/A Expensify, Inc., Class A 30219Q106 279613.00000000 NS USD 8178680.25000000 0.520288467797 Long EC CORP US N 1 N N ServiceNow, Inc. 549300HJTQM36M0E1G39 ServiceNow, Inc. 81762P102 87080.00000000 NS USD 51009722.40000000 3.244994241004 Long EC CORP US N 1 N N N IQVIA Holdings, Inc. 549300W3R20NM4KQPH86 IQVIA Holdings, Inc. 46266C105 80902.00000000 NS USD 19812899.80000000 1.260401796434 Long EC CORP US N 1 N N N Adyen N.V. 724500973ODKK3IFQ447 Adyen N.V. N/A 6563.00000000 NS 13383220.30000000 0.851376379958 Long EC CORP NL N 2 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 578020.00000000 NS USD 179752659.60000000 11.43500332413 Long EC CORP US N 1 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio, Institutional Class 825252729 3982707.40000000 NS USD 3983105.67000000 0.253386106654 Long STIV RF US N 1 N N N Avantor, Inc. 5493003VM0XB4U8YD238 Avantor, Inc. 05352A100 890338.00000000 NS USD 33236317.54000000 2.114335345010 Long EC CORP US N 1 N N N Intuitive Surgical, Inc. 54930052SRG011710797 Intuitive Surgical, Inc. 46120E602 83342.00000000 NS USD 23684129.56000000 1.506670893496 Long EC CORP US N 1 N N N ON Semiconductor Corp. ZV20P4CNJVT8V1ZGJ064 ON Semiconductor Corp. 682189105 436049.00000000 NS USD 25726891.00000000 1.636621593023 Long EC CORP US N 1 N N Shopify, Inc. 549300HGQ43STJLLP808 Shopify, Inc., Class A 82509L107 13570.00000000 NS USD 13084736.80000000 0.832388289199 Long EC CORP CA N 1 N N N Booking Holdings, Inc. FXM8FAOHMYDIPD38UZ17 Booking Holdings, Inc. 09857L108 6234.00000000 NS USD 15311514.42000000 0.974045216798 Long EC CORP US N 1 N N N Synopsys, Inc. QG7T915N9S0NY5UKNE63 Synopsys, Inc. 871607107 118081.00000000 NS USD 36664150.50000000 2.332397661192 Long EC CORP US N 1 N N N MongoDB, Inc. 549300TPTG69WKWE1Z37 MongoDB, Inc. 60937P106 43606.00000000 NS USD 17665226.66000000 1.123777117002 Long EC CORP US N 1 N N Electronic Arts, Inc. 549300O7A67PUEYKDL45 Electronic Arts, Inc. 285512109 75462.00000000 NS USD 10010788.92000000 0.636838446964 Long EC CORP US N 1 N N N QUALCOMM, Inc. H1J8DDZKZP6H7RWC0H53 QUALCOMM, Inc. 747525103 325887.00000000 NS USD 57277899.12000000 3.643745624094 Long EC CORP US N 1 N N N salesforce.com, inc. RCGZFPDMRW58VJ54VR07 salesforce.com, inc. 79466L302 123671.00000000 NS USD 28769584.73000000 1.830183195918 Long EC CORP US N 1 N N N Workday, Inc. 549300J0DYC0N31V7G13 Workday, Inc., Class A 98138H101 51379.00000000 NS USD 12999400.79000000 0.826959620938 Long EC CORP US N 1 N N N Cloudflare, Inc. 5493007DY18BGNLDWU14 Cloudflare, Inc., Class A 18915M107 203081.00000000 NS USD 19577008.40000000 1.245395515308 Long EC CORP US N 1 N N N Monolithic Power Systems, Inc. 529900TB7O85LSZ1XU31 Monolithic Power Systems, Inc. 609839105 40062.00000000 NS USD 16142181.66000000 1.026888288338 Long EC CORP US N 1 N N N Palo Alto Networks, Inc. 549300QXR2YVZV231H43 Palo Alto Networks, Inc. 697435105 82093.00000000 NS USD 42474918.20000000 2.702050873073 Long EC CORP US N 1 N N N 2022-03-02 AIM Sector Funds (Invesco Sector Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
January 31, 2022
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–98.70%
Application Software–12.54%
Adobe, Inc.(b) 56,956    $30,431,591
Datadog, Inc., Class A(b) 149,200    21,799,612
Expensify, Inc., Class A(b)(c) 279,613     8,178,680
HubSpot, Inc.(b)(c) 55,858    27,303,390
RingCentral, Inc., Class A(b) 175,458    30,966,582
salesforce.com, inc.(b) 123,671    28,769,585
Synopsys, Inc.(b) 118,081    36,664,151
Workday, Inc., Class A(b) 51,379    12,999,401
      197,112,992
Automobile Manufacturers–0.47%
Tesla, Inc.(b) 7,947     7,444,114
Data Processing & Outsourced Services–3.46%
Adyen N.V. (Netherlands)(b)(d) 6,563    13,383,220
PayPal Holdings, Inc.(b) 238,360    40,983,619
      54,366,839
Health Care Equipment–2.06%
Intuitive Surgical, Inc.(b) 83,342    23,684,130
Shockwave Medical, Inc.(b)(c) 60,265     8,736,617
      32,420,747
Hotels, Resorts & Cruise Lines–0.97%
Booking Holdings, Inc.(b) 6,234    15,311,514
Interactive Home Entertainment–0.87%
Electronic Arts, Inc. 75,462    10,010,789
Sea Ltd., ADR (Taiwan)(b) 24,263     3,646,971
      13,657,760
Interactive Media & Services–12.97%
Alphabet, Inc., Class A(b) 52,089   140,956,480
Meta Platforms, Inc., Class A(b) 113,143    35,443,176
ZoomInfo Technologies, Inc., Class A(b) 517,787    27,370,221
      203,769,877
Internet & Direct Marketing Retail–3.37%
Amazon.com, Inc.(b) 17,706    52,966,968
Internet Services & Infrastructure–5.02%
Cloudflare, Inc., Class A(b) 203,081    19,577,008
MongoDB, Inc.(b)(c) 43,606    17,665,227
Shopify, Inc., Class A (Canada)(b) 13,570    13,084,737
Snowflake, Inc., Class A(b) 103,616    28,587,654
      78,914,626
Life Sciences Tools & Services–3.38%
Avantor, Inc.(b) 890,338    33,236,317
IQVIA Holdings, Inc.(b) 80,902    19,812,900
      53,049,217
Pharmaceuticals–0.08%
Reata Pharmaceuticals, Inc., Class A(b)(c) 45,002     1,265,456
  Shares Value
Semiconductor Equipment–6.04%
Applied Materials, Inc. 331,143    $45,757,340
ASML Holding N.V., New York Shares (Netherlands) 43,141    29,215,085
KLA Corp. 51,269    19,957,484
      94,929,909
Semiconductors–16.45%
Advanced Micro Devices, Inc.(b)(c) 252,415    28,838,414
Lattice Semiconductor Corp.(b) 419,060    23,140,493
Monolithic Power Systems, Inc. 40,062    16,142,182
NVIDIA Corp. 438,581   107,390,943
ON Semiconductor Corp.(b)(c) 436,049    25,726,891
QUALCOMM, Inc. 325,887    57,277,899
      258,516,822
Systems Software–21.43%
Darktrace PLC (United Kingdom)(b) 1,004,733     5,535,243
Gitlab, Inc., Class A(b)(c) 75,041     4,803,374
KnowBe4, Inc., Class A(b)(c) 891,093    21,314,945
Microsoft Corp. 578,020   179,752,660
Palo Alto Networks, Inc.(b) 82,093    42,474,918
ServiceNow, Inc.(b) 87,080    51,009,722
Zscaler, Inc.(b) 123,879    31,850,530
      336,741,392
Technology Hardware, Storage & Peripherals–9.59%
Apple, Inc. 862,622   150,769,073
Total Common Stocks & Other Equity Interests (Cost $965,364,937) 1,551,237,306
Money Market Funds–0.90%
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(e)(f) 4,775,073     4,775,073
Invesco Liquid Assets Portfolio, Institutional Class, 0.01%(e)(f) 3,982,707     3,983,106
Invesco Treasury Portfolio, Institutional Class, 0.01%(e)(f) 5,457,227     5,457,227
Total Money Market Funds (Cost $14,215,373) 14,215,406
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-99.60% (Cost $979,580,310)     1,565,452,712
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–4.00%
Invesco Private Government Fund, 0.02%(e)(f)(g) 18,865,547    18,865,547
Invesco Private Prime Fund, 0.11%(e)(f)(g) 44,010,806    44,019,607
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $62,885,812) 62,885,154
TOTAL INVESTMENTS IN SECURITIES–103.60% (Cost $1,042,466,122) 1,628,337,866
OTHER ASSETS LESS LIABILITIES—(3.60)% (56,655,896)
NET ASSETS–100.00% $1,571,681,970
 
See accompanying notes which are an integral part of this schedule.
Invesco Technology Fund
Investment Abbreviations:
ADR – American Depositary Receipt
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) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The value of this security at January 31, 2022 represented less than 1% of the Fund’s Net Assets.
(e) 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 nine months ended January 31, 2022.
    
  Value
April 30, 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 $5,850,425 $153,282,548 $(154,357,900) $- $- $4,775,073 $1,043
Invesco Liquid Assets Portfolio, Institutional Class 4,757,529 109,487,535 (110,260,733) (643) (582) 3,983,106 381
Invesco Treasury Portfolio, Institutional Class 6,686,199 175,180,055 (176,409,027) - - 5,457,227 469
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund 19,842,453 218,331,791 (219,308,697) - - 18,865,547 2,505*
Invesco Private Prime Fund 29,763,679 492,703,869 (478,440,363) (658) (6,920) 44,019,607 32,516*
Total $66,900,285 $1,148,985,798 $(1,138,776,720) $(1,301) $(7,502) $77,100,560 $36,914
    
* 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.
    
(f) The rate shown is the 7-day SEC standardized yield as of January 31, 2022.
(g) 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 Technology 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 $1,532,318,843 $18,918,463 $— $1,551,237,306
Money Market Funds 14,215,406 62,885,154 — 77,100,560
Total Investments $1,546,534,249 $81,803,617 $— $1,628,337,866
Invesco Technology Fund