0001752724-22-217031.txt : 20220927 0001752724-22-217031.hdr.sgml : 20220927 20220927095037 ACCESSION NUMBER: 0001752724-22-217031 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220731 FILED AS OF DATE: 20220927 DATE AS OF CHANGE: 20220927 PERIOD START: 20230430 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: 221267657 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 2023-04-30 2022-07-31 N 1349113434.95 95154965.37 1253958469.58 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 2725.72000000 N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 15358695.70000000 NS USD 15358695.70000000 1.224816935535 Long STIV RF US N 1 N N N Alphabet, Inc. 5493006MHB84DD0ZWV18 Alphabet, Inc., Class A 02079K305 590639.00000000 NS USD 68703128.48000000 5.478899831747 Long EC CORP US N 1 N N N Crowdstrike Holdings, Inc. 549300YBY08K9KM4HX32 Crowdstrike Holdings, Inc., Class A 22788C105 84973.00000000 NS USD 15601042.80000000 1.244143500639 Long EC CORP US N 1 N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 NVIDIA Corp. 67066G104 169039.00000000 NS USD 30702553.57000000 2.448450591851 Long EC CORP US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 456317.00000000 NS USD 61579979.15000000 4.910846781921 Long EC CORP US N 1 N N N Lattice Semiconductor Corp. 549300LRBBPZDQ2II567 Lattice Semiconductor Corp. 518415104 644917.00000000 NS USD 39662395.50000000 3.162975207088 Long EC CORP US N 1 N N N KLA Corp. 549300H0BF5JCG96TJ81 KLA Corp. 482480100 60634.00000000 NS USD 23255564.36000000 1.854572134896 Long EC CORP US N 1 N N N Intuit, Inc. VI90HBPH7XSFMB9E4M29 Intuit, Inc. 461202103 27545.00000000 NS USD 12565202.65000000 1.002042966718 Long EC CORP US N 1 N N N Snowflake, Inc. 254900CJNSY1K7T53Z16 Snowflake, Inc., Class A 833445109 48023.00000000 NS USD 7199127.93000000 0.574112150014 Long EC CORP US N 1 N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 Apple, Inc. 037833100 615195.00000000 NS USD 99975339.45000000 7.972779153003 Long EC CORP US N 1 N N N Kuaishou Technology 300300FCDZBE6UP9ED24 Kuaishou Technology N/A 850500.00000000 NS 8630151.86000000 0.688232670328 Long EC CORP KY N 2 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 13438858.78000000 NS USD 13438858.78000000 1.071714821982 Long STIV RF US N 1 N N N Mastercard, Inc. AR5L2ODV9HN37376R084 Mastercard, Inc., Class A 57636Q104 140851.00000000 NS USD 49831675.29000000 3.973949416896 Long EC CORP US N 1 N N N Tesla, Inc. 54930043XZGB27CTOV49 Tesla, Inc. 88160R101 7947.00000000 NS USD 7084353.15000000 0.564959153102 Long EC CORP US N 1 N N N ASML Holding N.V. 724500Y6DUVHQD6OXN27 ASML Holding N.V., New York Shares N07059210 42676.00000000 NS USD 24514801.44000000 1.954993090657 Long EC CORP NL N 1 N N N Trade Desk, Inc. (The) 549300GXPD31VT3E0P46 Trade Desk, Inc. (The), Class A 88339J105 389599.00000000 NS USD 17531955.00000000 1.398128839615 Long EC CORP US N 1 N N N Baidu, Inc. 254900AL64IANZYI1E02 Baidu, Inc., ADR 056752108 59803.00000000 NS USD 8167295.71000000 0.651321069088 Long EC CORP KY N 1 N N N KnowBe4, Inc. N/A KnowBe4, Inc., Class A 49926T104 891093.00000000 NS USD 12733718.97000000 1.015481714818 Long EC CORP US N 1 N N N Adobe, Inc. FU4LY2G4933NH2E1CP29 Adobe, Inc. 00724F101 53809.00000000 NS USD 22068147.08000000 1.759878625596 Long EC CORP US N 1 N N N Invesco Private Government Fund N/A Invesco Private Government Fund N/A 22774906.11000000 NS USD 22774906.11000000 1.816240861440 Long STIV PF US N 2 N N Broadcom, Inc. 549300WV6GIDOZJTV909 Broadcom, Inc. 11135F101 57282.00000000 NS USD 30673365.36000000 2.446122906309 Long EC CORP US N 1 N N N Datadog, Inc. 549300F6JNO0KRPO1K63 Datadog, Inc., Class A 23804L103 122984.00000000 NS USD 12545597.84000000 1.000479532962 Long EC CORP US N 1 N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc., Class A 30303M102 70254.00000000 NS USD 11177411.40000000 0.891370142724 Long EC CORP US N 1 N N N HubSpot, Inc. 529900BLNVEW0MVKJB37 HubSpot, Inc. 443573100 12706.00000000 NS USD 3913448.00000000 0.312087528808 Long EC CORP US N 1 N N N Netflix, Inc. 549300Y7VHGU0I7CE873 Netflix, Inc. 64110L106 32388.00000000 NS USD 7284061.20000000 0.580885362370 Long EC CORP US N 1 N N N Advanced Micro Devices, Inc. R2I72C950HOYXII45366 Advanced Micro Devices, Inc. 007903107 147529.00000000 NS USD 13937064.63000000 1.111445471927 Long EC CORP US N 1 N N N Invesco Private Prime Fund N/A Invesco Private Prime Fund N/A 58564044.28000000 NS USD 58564044.28000000 4.670333643475 Long STIV PF US N 2 N N Bayer AG 549300J4U55H3WP1XT59 Bayer AG N/A 749685.00000000 NS 43689254.06000000 3.484106939732 Long EC CORP DE N 2 N N N Applied Materials, Inc. 41BNNE1AFPNAZELZ6K07 Applied Materials, Inc. 038222105 192576.00000000 NS USD 20409204.48000000 1.627582170790 Long EC CORP US N 1 N N N Take-Two Interactive Software, Inc. BOMSTHHJK882EWYX3334 Take-Two Interactive Software, Inc. 874054109 146339.00000000 NS USD 19423575.47000000 1.548980763015 Long EC CORP US N 1 N N N Darktrace PLC 213800PC5S5P9CSNFC89 Darktrace PLC G2658M105 654302.00000000 NS 2996152.78000000 0.238935567060 Long EC CORP GB N 2 N N N ServiceNow, Inc. 549300HJTQM36M0E1G39 ServiceNow, Inc. 81762P102 72201.00000000 NS USD 32249298.66000000 2.571799580475 Long EC CORP US N 1 N N N Adyen N.V. 724500973ODKK3IFQ447 Adyen N.V. N/A 3221.00000000 NS 5810089.72000000 0.463339884130 Long EC CORP NL N 2 N N N Nintendo Co. Ltd. 353800FEEXU6I9M0ZF27 Nintendo Co. Ltd. N/A 41600.00000000 NS 18705109.14000000 1.491684899761 Long EC CORP JP N 2 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 516658.00000000 NS USD 145046566.92000000 11.56709495878 Long EC CORP US N 1 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio, Institutional Class 825252729 10168913.70200000 NS USD 10168913.70000000 0.810945015061 Long STIV RF US N 1 N N N ON Semiconductor Corp. ZV20P4CNJVT8V1ZGJ064 ON Semiconductor Corp. 682189105 485891.00000000 NS USD 32447800.98000000 2.587629635841 Long EC CORP US N 1 N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 UnitedHealth Group, Inc. 91324P102 79568.00000000 NS USD 43152909.12000000 3.441334794321 Long EC CORP US N 1 N N N JD.com, Inc. 549300HVTWB0GJZ16V92 JD.com, Inc., ADR 47215P106 545529.00000000 NS USD 32458975.50000000 2.588520775402 Long EC CORP KY N 1 N N Synopsys, Inc. QG7T915N9S0NY5UKNE63 Synopsys, Inc. 871607107 98217.00000000 NS USD 36094747.50000000 2.878464349149 Long EC CORP US N 1 N N N MongoDB, Inc. 549300TPTG69WKWE1Z37 MongoDB, Inc. 60937P106 37899.00000000 NS USD 11842300.53000000 0.944393360488 Long EC CORP US N 1 N N N Visa, Inc. 549300JZ4OKEHW3DPJ59 Visa, Inc., Class A 92826C839 256400.00000000 NS USD 54385004.00000000 4.337065805553 Long EC CORP US N 1 N N Paycom Software, Inc. 254900LSB0HNJUDC6Q18 Paycom Software, Inc. 70432V102 18936.00000000 NS USD 6258158.64000000 0.499072241371 Long EC CORP US N 1 N N N Electronic Arts, Inc. 549300O7A67PUEYKDL45 Electronic Arts, Inc. 285512109 96009.00000000 NS USD 12599261.07000000 1.004759039126 Long EC CORP US N 1 N N N QUALCOMM, Inc. H1J8DDZKZP6H7RWC0H53 QUALCOMM, Inc. 747525103 197765.00000000 NS USD 28687790.90000000 2.287778391066 Long EC CORP US N 1 N N N salesforce.com, inc. RCGZFPDMRW58VJ54VR07 salesforce.com, inc. 79466L302 132598.00000000 NS USD 24400683.96000000 1.945892511749 Long EC CORP US N 1 N N N Workday, Inc. 549300J0DYC0N31V7G13 Workday, Inc., Class A 98138H101 51379.00000000 NS USD 7968882.90000000 0.635498151917 Long EC CORP US N 1 N N N Cloudflare, Inc. 5493007DY18BGNLDWU14 Cloudflare, Inc., Class A 18915M107 31782.00000000 NS USD 1599270.24000000 0.127537735802 Long EC CORP US N 1 N N Monolithic Power Systems, Inc. 529900TB7O85LSZ1XU31 Monolithic Power Systems, Inc. 609839105 49078.00000000 NS USD 22807528.16000000 1.818842386992 Long EC CORP US N 1 N N N Palo Alto Networks, Inc. 549300QXR2YVZV231H43 Palo Alto Networks, Inc. 697435105 45419.00000000 NS USD 22668622.90000000 1.807765045647 Long EC CORP US N 1 N N 2022-08-30 AIM Sector Funds (Invesco Sector Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
July 31, 2022
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–98.96%
Application Software–12.49%
Adobe, Inc.(b) 53,809    $22,068,147
Datadog, Inc., Class A(b) 122,984    12,545,598
HubSpot, Inc.(b) 12,706     3,913,448
Intuit, Inc. 41,303    18,841,189
Paycom Software, Inc.(b) 18,936     6,258,159
salesforce.com, inc.(b) 170,333    31,344,679
Synopsys, Inc.(b) 98,217    36,094,747
Trade Desk, Inc. (The), Class A(b) 389,599    17,531,955
Workday, Inc., Class A(b) 51,379     7,968,883
      156,566,805
Automobile Manufacturers–0.57%
Tesla, Inc.(b) 7,947     7,084,353
Data Processing & Outsourced Services–8.78%
Adyen N.V. (Netherlands)(b)(c) 3,221     5,810,090
Mastercard, Inc., Class A 140,851    49,831,675
Visa, Inc., Class A(d) 256,400    54,385,004
      110,026,769
Interactive Home Entertainment–4.05%
Electronic Arts, Inc. 96,009    12,599,262
Nintendo Co. Ltd. (Japan) 41,600    18,705,109
Take-Two Interactive Software, Inc.(b) 146,339    19,423,576
      50,727,947
Interactive Media & Services–7.16%
Alphabet, Inc., Class A(b) 590,639    68,703,128
Baidu, Inc., ADR (China)(b) 59,803     8,167,296
Kuaishou Technology (China)(b)(c) 850,500     8,630,152
Meta Platforms, Inc., Class A(b) 27,151     4,319,724
      89,820,300
Internet & Direct Marketing Retail–7.50%
Amazon.com, Inc.(b) 456,317    61,579,979
JD.com, Inc., ADR (China)(d) 545,529    32,458,976
      94,038,955
Internet Services & Infrastructure–2.48%
Cloudflare, Inc., Class A(b)(d) 126,943     6,387,772
MongoDB, Inc.(b) 37,899    11,842,300
Snowflake, Inc., Class A(b) 86,208    12,923,441
      31,153,513
IT Consulting & Other Services–0.25%
EPAM Systems, Inc.(b) 9,008     3,146,044
Managed Health Care–3.44%
UnitedHealth Group, Inc. 79,568    43,152,909
Movies & Entertainment–0.58%
Netflix, Inc.(b) 32,388     7,284,061
Pharmaceuticals–3.48%
Bayer AG (Germany) 749,685    43,689,254
  Shares Value
Semiconductor Equipment–5.28%
Applied Materials, Inc. 234,917    $24,896,504
ASML Holding N.V., New York Shares (Netherlands) 44,056    25,307,528
KLA Corp. 41,731    16,005,508
      66,209,540
Semiconductors–17.30%
Advanced Micro Devices, Inc.(b) 202,105    19,092,859
Broadcom, Inc. 57,282    30,673,365
Lattice Semiconductor Corp.(b) 644,917    39,662,396
Marvell Technology, Inc. 229,707    12,790,086
Monolithic Power Systems, Inc. 49,078    22,807,528
NVIDIA Corp. 169,039    30,702,554
ON Semiconductor Corp.(b) 485,891    32,447,801
QUALCOMM, Inc. 197,765    28,687,791
      216,864,380
Systems Software–17.63%
Crowdstrike Holdings, Inc., Class A(b)(d) 101,750    18,681,300
Darktrace PLC (United Kingdom)(b) 654,302     2,996,153
KnowBe4, Inc., Class A(b) 891,093    12,733,719
Microsoft Corp. 469,210   131,726,015
Palo Alto Networks, Inc.(b)(d) 45,419    22,668,623
ServiceNow, Inc.(b) 72,201    32,249,299
      221,055,109
Technology Hardware, Storage & Peripherals–7.97%
Apple, Inc. 615,195    99,975,339
Total Common Stocks & Other Equity Interests (Cost $880,334,567) 1,240,795,278
Money Market Funds–3.11%
Invesco Government & Agency Portfolio, Institutional Class, 1.71%(e)(f) 13,438,859    13,438,859
Invesco Liquid Assets Portfolio, Institutional Class, 1.67%(e)(f) 10,168,827    10,168,827
Invesco Treasury Portfolio, Institutional Class, 1.66%(e)(f) 15,358,696    15,358,696
Total Money Market Funds (Cost $38,964,796) 38,966,382
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-102.07% (Cost $919,299,363)     1,279,761,660
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–6.49%
Invesco Private Government Fund, 1.77%(e)(f)(g) 22,774,906    22,774,906
Invesco Private Prime Fund, 1.89%(e)(f)(g) 58,564,044    58,564,044
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $81,339,273) 81,338,950
TOTAL INVESTMENTS IN SECURITIES–108.56% (Cost $1,000,638,636) 1,361,100,610
OTHER ASSETS LESS LIABILITIES—(8.56)% (107,273,824)
NET ASSETS–100.00% $1,253,826,786
 
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) 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 aggregate value of these securities at July 31, 2022 was $14,440,242, which represented 1.15% of the Fund’s Net Assets.
(d) All or a portion of this security was out on loan at July 31, 2022.
(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 three months ended July 31, 2022.
    
  Value
April 30, 2022 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain 		Value
July 31, 2022 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $17,624,636 $26,976,312 $(31,162,089) $- $- $13,438,859 $14,062
Invesco Liquid Assets Portfolio, Institutional Class 13,155,917 19,268,795 (22,258,636) 2,031 720 10,168,827 17,843
Invesco Treasury Portfolio, Institutional Class 20,142,441 30,830,071 (35,613,816) - - 15,358,696 23,363
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund 4,664,621 92,675,485 (74,565,200) - - 22,774,906 87,000*
Invesco Private Prime Fund 10,884,116 213,109,496 (165,430,296) (323) 1,051 58,564,044 253,245*
Total $66,471,731 $382,860,159 $(329,030,037) $1,708 $1,771 $120,305,332 $395,513
    
* 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 July 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
July 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 July 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 $1,160,964,520 $79,830,758 $— $1,240,795,278
Money Market Funds 38,966,382 81,338,950 — 120,305,332
Total Investments $1,199,930,902 $161,169,708 $— $1,361,100,610
Invesco Technology Fund