NPORT-EX 2 accu_smallcompany.htm PART F Document

American Century Investments®
Quarterly Portfolio Holdings
Small Company Fund
September 30, 2022



Small Company - Schedule of Investments
SEPTEMBER 30, 2022 (UNAUDITED)
Shares/
Principal Amount ($)
Value ($)
COMMON STOCKS — 99.2%
Aerospace and Defense — 0.4%
Moog, Inc., Class A7,874 553,936 
Auto Components — 0.4%
Shyft Group, Inc.25,763 526,338 
Automobiles — 0.4%
Winnebago Industries, Inc.10,722 570,518 
Banks — 7.4%
Ameris Bancorp23,616 1,055,871 
Associated Banc-Corp.37,244 747,860 
Bancorp, Inc.(1)
26,365 579,503 
Bank OZK22,462 888,597 
Customers Bancorp, Inc.(1)
9,774 288,138 
Enterprise Financial Services Corp.10,608 467,176 
Hancock Whitney Corp.7,926 363,090 
Hanmi Financial Corp.22,750 538,720 
Heartland Financial USA, Inc.20,449 886,669 
Hilltop Holdings, Inc.26,445 657,158 
Hope Bancorp, Inc.100,238 1,267,008 
International Bancshares Corp.10,473 445,102 
OFG Bancorp37,195 934,710 
Popular, Inc.7,110 512,347 
QCR Holdings, Inc.6,278 319,801 
Renasant Corp.20,755 649,216 
10,600,966 
Beverages — 1.6%
Celsius Holdings, Inc.(1)
8,220 745,390 
Coca-Cola Consolidated, Inc.3,755 1,546,046 
2,291,436 
Biotechnology — 6.9%
Alector, Inc.(1)
51,800 490,028 
Alkermes PLC(1)
56,785 1,268,009 
Apellis Pharmaceuticals, Inc.(1)
11,525 787,157 
Arcus Biosciences, Inc.(1)
20,744 542,663 
Dynavax Technologies Corp.(1)(2)
47,033 491,025 
Exelixis, Inc.(1)
98,807 1,549,294 
Halozyme Therapeutics, Inc.(1)
31,531 1,246,736 
iTeos Therapeutics, Inc.(1)
29,579 563,480 
PTC Therapeutics, Inc.(1)
10,476 525,895 
REGENXBIO, Inc.(1)
17,000 449,310 
Sarepta Therapeutics, Inc.(1)
10,885 1,203,228 
Seagen, Inc.(1)
1,828 250,125 
Syndax Pharmaceuticals, Inc.(1)
11,440 274,903 
Vanda Pharmaceuticals, Inc.(1)
28,944 285,967 
9,927,820 
Building Products — 2.4%
American Woodmark Corp.(1)
7,038 308,687 
Apogee Enterprises, Inc.5,700 217,854 
Builders FirstSource, Inc.(1)
6,555 386,220 
Masonite International Corp.(1)
2,836 202,178 



Quanex Building Products Corp.10,324 187,484 
Resideo Technologies, Inc.(1)
20,000 381,200 
Simpson Manufacturing Co., Inc.2,225 174,440 
UFP Industries, Inc.22,125 1,596,540 
3,454,603 
Capital Markets — 3.1%
BGC Partners, Inc., Class A74,657 234,423 
Cohen & Steers, Inc.4,927 308,578 
Evercore, Inc., Class A9,181 755,137 
Moelis & Co., Class A21,951 742,163 
Piper Sandler Cos.9,569 1,002,257 
PJT Partners, Inc., Class A14,009 936,082 
StoneX Group, Inc.(1)
6,384 529,489 
4,508,129 
Chemicals — 2.2%
AdvanSix, Inc.16,251 521,657 
Ingevity Corp.(1)
21,931 1,329,677 
Livent Corp.(1)
24,749 758,557 
LSB Industries, Inc.(1)
15,366 218,965 
Mativ Holdings, Inc.13,000 287,040 
3,115,896 
Commercial Services and Supplies — 1.1%
ABM Industries, Inc.13,269 507,274 
ACCO Brands Corp.71,245 349,101 
Brink's Co.9,752 472,387 
Steelcase, Inc., Class A34,522 225,083 
1,553,845 
Communications Equipment — 1.9%
CommScope Holding Co., Inc.(1)
34,340 316,271 
Extreme Networks, Inc.(1)
68,295 892,616 
Viavi Solutions, Inc.(1)
113,356 1,479,296 
2,688,183 
Construction and Engineering — 1.0%
EMCOR Group, Inc.2,237 258,329 
Primoris Services Corp.21,634 351,552 
Sterling Infrastructure, Inc.(1)
14,225 305,411 
WillScot Mobile Mini Holdings Corp.(1)
13,465 543,043 
1,458,335 
Consumer Finance — 0.3%
Navient Corp.33,367 490,161 
Diversified Consumer Services — 0.5%
Graham Holdings Co., Class B1,251 673,013 
Diversified Telecommunication Services — 0.4%
Cogent Communications Holdings, Inc.9,894 516,071 
Electric Utilities — 0.9%
Otter Tail Corp.15,025 924,338 
Portland General Electric Co.7,498 325,863 
1,250,201 
Electrical Equipment — 1.8%
Array Technologies, Inc.(1)
20,467 339,343 
Atkore, Inc.(1)
13,938 1,084,516 
Encore Wire Corp.9,676 1,117,965 
2,541,824 
Electronic Equipment, Instruments and Components — 1.7%
Avnet, Inc.13,845 500,081 



Benchmark Electronics, Inc.42,097 1,043,164 
TD SYNNEX Corp.2,818 228,793 
TTM Technologies, Inc.(1)
26,825 353,554 
Vishay Intertechnology, Inc.19,880 353,665 
2,479,257 
Energy Equipment and Services — 1.2%
Archrock, Inc.36,362 233,444 
ChampionX Corp.42,263 827,087 
Weatherford International PLC(1)
20,512 662,332 
1,722,863 
Entertainment — 1.1%
World Wrestling Entertainment, Inc., Class A21,773 1,527,811 
Equity Real Estate Investment Trusts (REITs) — 3.7%
CareTrust REIT, Inc.33,321 603,443 
Community Healthcare Trust, Inc.13,501 442,158 
Easterly Government Properties, Inc.46,471 732,848 
Four Corners Property Trust, Inc.9,472 229,128 
Office Properties Income Trust19,029 267,357 
Paramount Group, Inc.107,567 670,142 
PotlatchDeltic Corp.34,934 1,433,691 
SL Green Realty Corp.(2)
15,000 602,400 
Universal Health Realty Income Trust7,128 308,001 
5,289,168 
Food and Staples Retailing — 2.5%
Ingles Markets, Inc., Class A17,360 1,375,086 
SpartanNash Co.23,433 680,026 
Sprouts Farmers Market, Inc.(1)
38,684 1,073,481 
Weis Markets, Inc.6,406 456,363 
3,584,956 
Food Products — 0.7%
Seaboard Corp.49 166,730 
TreeHouse Foods, Inc.(1)
18,469 783,455 
950,185 
Gas Utilities — 0.9%
Brookfield Infrastructure Corp., Class A7,673 312,291 
National Fuel Gas Co.11,795 725,982 
UGI Corp.10,259 331,674 
1,369,947 
Health Care Equipment and Supplies — 4.9%
Avanos Medical, Inc.(1)
16,937 368,888 
Bruker Corp.13,143 697,368 
Enovis Corp.(1)
8,903 410,161 
Lantheus Holdings, Inc.(1)
11,495 808,443 
Merit Medical Systems, Inc.(1)
16,864 952,985 
Novocure Ltd.(1)
10,148 771,045 
Shockwave Medical, Inc.(1)
5,561 1,546,347 
STAAR Surgical Co.(1)
10,376 732,027 
Varex Imaging Corp.(1)
38,814 820,528 
7,107,792 
Health Care Providers and Services — 3.5%
Accolade, Inc.(1)
31,817 363,350 
Addus HomeCare Corp.(1)
12,600 1,200,024 
Amedisys, Inc.(1)
2,933 283,885 
AMN Healthcare Services, Inc.(1)
20,095 2,129,266 



Fulgent Genetics, Inc.(1)
10,779 410,896 
Owens & Minor, Inc.11,120 267,992 
R1 RCM, Inc.(1)
20,404 378,086 
5,033,499 
Health Care Technology — 0.2%
NextGen Healthcare, Inc.(1)
15,445 273,376 
Hotels, Restaurants and Leisure — 2.9%
Bloomin' Brands, Inc.51,575 945,370 
Brinker International, Inc.(1)
13,497 337,155 
Monarch Casino & Resort, Inc.(1)
7,607 427,057 
Papa John's International, Inc.2,697 188,817 
Red Rock Resorts, Inc., Class A20,101 688,660 
SeaWorld Entertainment, Inc.(1)
17,706 805,800 
Texas Roadhouse, Inc.3,659 319,284 
Wingstop, Inc.4,057 508,829 
4,220,972 
Household Durables — 1.2%
La-Z-Boy, Inc.15,081 340,378 
M/I Homes, Inc.(1)
5,763 208,794 
Meritage Homes Corp.(1)
6,200 435,674 
Taylor Morrison Home Corp.(1)
21,375 498,465 
Tri Pointe Homes, Inc.(1)
20,854 315,104 
1,798,415 
Insurance — 3.3%
Hanover Insurance Group, Inc.9,162 1,174,018 
Kinsale Capital Group, Inc.4,240 1,082,981 
Palomar Holdings, Inc.(1)
6,894 577,166 
Reinsurance Group of America, Inc.4,279 538,341 
Stewart Information Services Corp.14,983 653,858 
Unum Group18,246 707,945 
4,734,309 
Interactive Media and Services — 0.7%
Yelp, Inc.(1)
28,869 978,948 
IT Services — 0.9%
Grid Dynamics Holdings, Inc.(1)
18,447 345,512 
MAXIMUS, Inc.15,813 915,099 
1,260,611 
Leisure Products — 0.2%
Malibu Boats, Inc., Class A(1)
5,713 274,167 
Life Sciences Tools and Services — 0.7%
Medpace Holdings, Inc.(1)
2,892 454,536 
Repligen Corp.(1)
3,349 626,631 
1,081,167 
Machinery — 1.9%
Hillenbrand, Inc.23,736 871,586 
Mueller Industries, Inc.31,183 1,853,517 
2,725,103 
Marine — 0.7%
Eagle Bulk Shipping, Inc.(2)
3,888 167,884 
Matson, Inc.13,892 854,636 
1,022,520 
Media — 0.3%
Scholastic Corp.12,000 369,120 
Metals and Mining — 0.4%
Alpha Metallurgical Resources, Inc.4,521 618,654 



Multiline Retail — 0.6%
Dillard's, Inc., Class A(2)
3,348 913,200 
Oil, Gas and Consumable Fuels — 5.5%
Callon Petroleum Co.(1)
12,647 442,772 
Chord Energy Corp.8,531 1,166,785 
Magnolia Oil & Gas Corp., Class A34,690 687,209 
Murphy Oil Corp.29,207 1,027,210 
Ovintiv, Inc.19,185 882,510 
PBF Energy, Inc., Class A(1)
19,724 693,496 
PDC Energy, Inc.17,499 1,011,267 
SM Energy Co.33,804 1,271,368 
Talos Energy, Inc.(1)
39,355 655,261 
7,837,878 
Paper and Forest Products — 0.6%
Clearwater Paper Corp.(1)
9,511 357,614 
Louisiana-Pacific Corp.9,581 490,451 
848,065 
Personal Products — 0.3%
USANA Health Sciences, Inc.(1)
8,918 499,854 
Pharmaceuticals — 2.0%
Amphastar Pharmaceuticals, Inc.(1)
27,467 771,823 
Corcept Therapeutics, Inc.(1)
49,362 1,265,642 
Pacira BioSciences, Inc.(1)
9,876 525,304 
Supernus Pharmaceuticals, Inc.(1)
9,239 312,740 
2,875,509 
Professional Services — 4.2%
CACI International, Inc., Class A(1)
1,626 424,484 
CRA International, Inc.2,839 251,933 
Franklin Covey Co.(1)
9,837 446,501 
Insperity, Inc.19,356 1,976,054 
Kelly Services, Inc., Class A16,855 229,059 
Kforce, Inc.7,819 458,584 
TriNet Group, Inc.(1)
26,681 1,900,221 
TrueBlue, Inc.(1)
16,297 310,947 
5,997,783 
Real Estate Management and Development — 1.2%
Cushman & Wakefield PLC(1)
46,534 532,814 
eXp World Holdings, Inc.(2)
40,363 452,469 
Marcus & Millichap, Inc.23,923 784,196 
1,769,479 
Road and Rail — 0.2%
ArcBest Corp.3,797 276,156 
Semiconductors and Semiconductor Equipment — 2.2%
Alpha & Omega Semiconductor Ltd.(1)
13,863 426,426 
Formfactor, Inc.(1)
15,149 379,483 
MaxLinear, Inc.(1)
29,765 970,934 
Power Integrations, Inc.4,229 272,009 
Semtech Corp.(1)
19,666 578,377 
Veeco Instruments, Inc.(1)
27,702 507,501 
3,134,730 
Software — 6.5%
Alarm.com Holdings, Inc.(1)
14,913 967,257 
Appfolio, Inc., Class A(1)
3,861 404,324 
Box, Inc., Class A(1)
60,401 1,473,180 



CommVault Systems, Inc.(1)
19,620 1,040,645 
Dropbox, Inc., Class A(1)
50,701 1,050,525 
HubSpot, Inc.(1)
3,423 924,621 
LiveRamp Holdings, Inc.(1)
27,888 506,446 
Model N, Inc.(1)
19,386 663,583 
Progress Software Corp.5,838 248,407 
Qualys, Inc.(1)
3,917 545,990 
Rapid7, Inc.(1)
8,962 384,470 
SPS Commerce, Inc.(1)
6,256 777,183 
Tenable Holdings, Inc.(1)
11,538 401,522 
9,388,153 
Specialty Retail — 2.4%
AutoNation, Inc.(1)
6,800 692,716 
Caleres, Inc.8,588 208,001 
Chico's FAS, Inc.(1)
45,001 217,805 
Foot Locker, Inc.14,356 446,902 
Group 1 Automotive, Inc.2,517 359,604 
MarineMax, Inc.(1)
14,000 417,060 
Rent-A-Center, Inc.10,644 186,376 
Signet Jewelers Ltd.9,951 569,098 
Sonic Automotive, Inc., Class A7,712 333,930 
3,431,492 
Technology Hardware, Storage and Peripherals — 0.7%
Pure Storage, Inc., Class A(1)
34,977 957,320 
Textiles, Apparel and Luxury Goods — 0.9%
Carter's, Inc.(2)
4,390 287,677 
Crocs, Inc.(1)
7,761 532,870 
G-III Apparel Group Ltd.(1)
17,300 258,635 
Movado Group, Inc.7,148 201,431 
1,280,613 
Thrifts and Mortgage Finance — 3.1%
Essent Group Ltd.23,345 814,040 
Federal Agricultural Mortgage Corp., Class C4,945 490,247 
Mr. Cooper Group, Inc.(1)
15,586 631,233 
NMI Holdings, Inc., Class A(1)
32,896 670,092 
OceanFirst Financial Corp.26,100 486,504 
Radian Group, Inc.47,582 917,857 
Walker & Dunlop, Inc.5,808 486,304 
4,496,277 
Trading Companies and Distributors — 1.9%
BlueLinx Holdings, Inc.(1)
6,918 429,608 
Boise Cascade Co.16,856 1,002,258 
Titan Machinery, Inc.(1)
32,142 908,333 
WESCO International, Inc.(1)
3,685 439,915 
2,780,114 
Water Utilities — 0.3%
California Water Service Group7,058 371,886 
Wireless Telecommunication Services — 0.3%
Telephone & Data Systems, Inc.35,613 495,021 
TOTAL COMMON STOCKS
(Cost $146,883,168)
142,497,645 
SHORT-TERM INVESTMENTS — 2.3%


Money Market Funds — 1.4%
State Street Institutional U.S. Government Money Market Fund, Premier Class2,523 2,523 



State Street Navigator Securities Lending Government Money Market Portfolio(3)
2,016,172 2,016,172 
2,018,695 
Repurchase Agreements — 0.9%
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.625% - 4.625%, 1/15/25 - 5/15/47, valued at $215,702), in a joint trading account at 2.86%, dated 9/30/22, due 10/3/22 (Delivery value $212,086)212,036 
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 3.25%, 6/30/29, valued at $1,076,150), at 2.95%, dated 9/30/22, due 10/3/22 (Delivery value $1,055,259)1,055,000 
1,267,036 
TOTAL SHORT-TERM INVESTMENTS
(Cost $3,285,731)
3,285,731 
TOTAL INVESTMENT SECURITIES — 101.5%
(Cost $150,168,899)
145,783,376 
OTHER ASSETS AND LIABILITIES — (1.5)%
(2,189,154)
TOTAL NET ASSETS — 100.0%
$143,594,222 

FUTURES CONTRACTS SOLD
Reference EntityContractsExpiration
Date
Notional
Amount
Unrealized
Appreciation
(Depreciation)^
Russell 2000 E-Mini Index
30 December 2022$2,504,700 $317,434 
^Amount represents value and unrealized appreciation (depreciation).

NOTES TO SCHEDULE OF INVESTMENTS
(1)Non-income producing.
(2)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $1,967,524. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.
(3)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $2,016,172.



SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS

1. Investment Valuations

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open.  The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Directors oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause the fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

2. Fair Value Measurements

The fund’s investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund’s portfolio holdings.
Level 1 ($)Level 2 ($)Level 3 ($)
Assets
Investment Securities
Common Stocks142,497,645 — — 
Short-Term Investments2,018,695 1,267,036 — 
144,516,340 1,267,036 — 
Other Financial Instruments
Futures Contracts317,434 — — 
This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual shareholder report.