NPORT-EX 2 aclq_globalsmallcap.htm PART F Document

American Century Investments®
Quarterly Portfolio Holdings
Global Small Cap Fund
February 28, 2022



Global Small Cap - Schedule of Investments
FEBRUARY 28, 2022 (UNAUDITED)
Shares/
Principal Amount ($)
Value ($)
COMMON STOCKS — 96.3%
Australia — 2.8%
carsales.com Ltd.22,700 343,393 
Corporate Travel Management Ltd.(1)
36,827 587,273 
IDP Education Ltd.26,701 516,386 
IGO Ltd.72,359 580,492 
2,027,544 
Belgium — 2.0%
D'ieteren Group6,383 1,031,140 
Melexis NV4,290 391,601 
1,422,741 
Brazil — 1.6%
Multiplan Empreendimentos Imobiliarios SA188,800 797,102 
Santos Brasil Participacoes SA283,100 353,716 
1,150,818 
Canada — 11.1%
Boardwalk Real Estate Investment Trust19,577 871,891 
BRP, Inc.2,399 171,933 
Capstone Mining Corp.(1)
162,464 842,121 
Colliers International Group, Inc. (Toronto)6,689 918,517 
Definity Financial Corp.(1)
27,822 604,731 
Kinaxis, Inc.(1)
3,250 372,590 
Laurentian Bank of Canada10,479 351,945 
Savaria Corp.(2)
28,332 399,442 
Stantec, Inc.12,264 609,475 
TFI International, Inc.4,313 449,573 
Tricon Residential, Inc. (Toronto)83,245 1,237,346 
Whitecap Resources, Inc.(2)
152,682 1,164,840 
7,994,404 
China — 0.7%
China Yongda Automobiles Services Holdings Ltd.444,500 518,599 
Denmark — 0.7%
Pandora A/S5,187 531,135 
Finland — 1.0%
Metso Outotec Oyj88,753 747,705 
France — 1.9%
APERAM SA10,438 584,446 
Nexans SA7,948 766,699 
1,351,145 
Germany — 0.5%
K+S AG(1)
15,311 392,760 
Hong Kong — 0.4%
Samsonite International SA(1)
140,700 315,038 
India — 1.0%
WNS Holdings Ltd., ADR(1)
8,345 689,547 
Israel — 2.2%
Inmode Ltd.(1)
8,725 372,470 
Kornit Digital Ltd.(1)
3,820 362,251 
Nova Ltd.(1)
7,960 834,049 
1,568,770 



Italy — 1.0%
Autogrill SpA(1)
92,893 702,865 
Japan — 5.6%
Asics Corp.36,800 737,053 
Jeol Ltd.6,100 355,730 
JTOWER, Inc.(1)
2,200 79,467 
Nabtesco Corp.12,700 351,987 
Nextage Co. Ltd.32,400 695,742 
Nippon Gas Co. Ltd.42,300 636,491 
Open House Group Co. Ltd.8,100 368,300 
Relo Group, Inc.11,200 168,571 
West Holdings Corp.17,800 672,137 
4,065,478 
Mexico — 0.6%
Qualitas Controladora SAB de CV78,155 428,152 
Netherlands — 1.8%
ASR Nederland NV15,335 662,794 
Basic-Fit NV(1)
10,530 480,501 
Constellium SE(1)
8,636 167,797 
1,311,092 
Norway — 1.4%
Aker Solutions ASA(1)
22,412 70,675 
Bakkafrost P/F4,930 335,027 
Storebrand ASA61,879 612,365 
1,018,067 
Spain — 1.7%
Banco de Sabadell SA(1)
614,993 531,769 
CIE Automotive SA26,712 714,119 
1,245,888 
Sweden — 1.9%
Fortnox AB61,534 243,768 
Instalco AB58,482 447,157 
Lindab International AB14,809 354,760 
Trelleborg AB, B Shares16,320 327,902 
1,373,587 
Switzerland — 0.7%
Comet Holding AG1,217 369,652 
SIG Combibloc Group AG(1)
5,421 121,656 
491,308 
Taiwan — 1.8%
Airtac International Group19,464 647,413 
ASPEED Technology, Inc.7,000 687,995 
1,335,408 
United Kingdom — 3.0%
Electrocomponents plc63,276 834,690 
Pets at Home Group plc72,151 348,805 
S4 Capital plc(1)
77,379 482,856 
Tritax Big Box REIT plc162,156 510,932 
2,177,283 
United States — 50.9%
Arko Corp.(1)
35,837 299,239 
Bancorp, Inc. (The)(1)
24,736 724,765 
Bloomin' Brands, Inc.(1)
12,774 314,368 
BRP Group, Inc., Class A(1)
12,579 349,319 
Brunswick Corp.1,913 182,730 



Builders FirstSource, Inc.(1)
5,312 395,319 
Capri Holdings Ltd.(1)
10,386 703,548 
Clean Harbors, Inc.(1)
8,620 822,607 
Codexis, Inc.(1)
25,524 508,693 
Commercial Metals Co.15,408 593,978 
Crocs, Inc.(1)
4,054 339,441 
DigitalBridge Group, Inc.(1)
107,558 779,795 
DigitalOcean Holdings, Inc.(1)(2)
6,559 389,080 
Diversey Holdings Ltd.(1)
7,560 72,349 
Driven Brands Holdings, Inc.(1)
20,843 612,159 
Eagle Materials, Inc.4,893 669,509 
Element Solutions, Inc.32,229 792,189 
elf Beauty, Inc.(1)
21,876 578,183 
European Wax Center, Inc., Class A(1)
6,808 169,315 
Evoqua Water Technologies Corp.(1)
13,988 596,728 
First Advantage Corp.(1)
22,834 368,769 
Fox Factory Holding Corp.(1)
2,982 351,936 
Glacier Bancorp, Inc.17,254 955,872 
Global Medical REIT, Inc.21,723 341,051 
Goosehead Insurance, Inc., Class A1,703 148,127 
H&E Equipment Services, Inc.14,706 614,123 
Harmony Biosciences Holdings, Inc.(1)
12,635 504,895 
HireRight Holdings Corp.(1)
9,984 130,491 
John Bean Technologies Corp.3,076 348,726 
Kinsale Capital Group, Inc.922 193,399 
Lattice Semiconductor Corp.(1)
10,371 649,432 
Live Oak Bancshares, Inc.11,462 732,995 
Lovesac Co. (The)(1)
1,846 78,436 
Manhattan Associates, Inc.(1)
3,337 446,090 
MGP Ingredients, Inc.6,254 497,881 
MRC Global, Inc.(1)
21,387 216,009 
Natera, Inc.(1)
5,177 340,388 
National Instruments Corp.19,868 797,700 
Newmark Group, Inc., Class A60,062 1,061,896 
NOW, Inc.(1)
95,120 888,421 
Onto Innovation, Inc.(1)
4,792 413,118 
OptimizeRx Corp.(1)
6,343 287,274 
Paycor HCM, Inc.(1)
21,916 615,182 
Perficient, Inc.(1)
5,174 527,231 
Plymouth Industrial REIT, Inc.18,506 482,636 
Power Integrations, Inc.6,392 575,280 
Progyny, Inc.(1)
8,999 354,201 
Pure Storage, Inc., Class A(1)
18,444 478,437 
R1 RCM, Inc.(1)
36,510 992,707 
RadNet, Inc.(1)
25,049 617,959 
Revolve Group, Inc.(1)
10,246 485,968 
RH(1)
191 76,757 
Ryman Hospitality Properties, Inc.(1)
11,716 1,032,297 
SeaWorld Entertainment, Inc.(1)
12,809 888,816 
Semtech Corp.(1)
5,076 352,173 
Sensata Technologies Holding plc(1)
7,049 408,208 
SI-BONE, Inc.(1)
3,470 76,548 
Silk Road Medical, Inc.(1)
4,509 167,419 
Silvergate Capital Corp., Class A(1)
3,696 473,384 
Sovos Brands, Inc.(1)
32,316 392,316 



SP Plus Corp.(1)
12,756 380,767 
Sprout Social, Inc., Class A(1)
2,783 181,201 
SPS Commerce, Inc.(1)
3,203 415,910 
Sterling Check Corp.(1)
14,516 305,707 
Summit Materials, Inc., Class A(1)
26,787 836,290 
Tenable Holdings, Inc.(1)
16,804 930,269 
Tenet Healthcare Corp.(1)
4,157 357,460 
Travel + Leisure Co.14,912 835,818 
Triumph Bancorp, Inc.(1)
7,224 724,712 
Veritex Holdings, Inc.11,680 474,558 
Wintrust Financial Corp.11,407 1,133,399 
Wyndham Hotels & Resorts, Inc.11,488 992,678 
36,826,631 
TOTAL COMMON STOCKS
(Cost $63,631,601)
69,685,965 
EXCHANGE-TRADED FUNDS — 2.5%
Schwab International Small-Cap Equity ETF(2)
27,932 1,050,802 
Schwab US Small-Cap ETF7,647 719,659 
TOTAL EXCHANGE-TRADED FUNDS
(Cost $1,779,220)
1,770,461 
SHORT-TERM INVESTMENTS — 3.2%
Money Market Funds — 0.5%
State Street Navigator Securities Lending Government Money Market Portfolio(3)
366,109 366,109 
State Street Institutional U.S. Government Money Market Fund, Premier Class10,207 10,207 
376,316 
Repurchase Agreements — 2.7%
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 2.375%, 5/15/51, valued at $1,447,454) at 0.02%, dated 2/28/22, due 3/1/22 (Delivery value $1,419,001)1,419,000 
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.25% - 2.75%, 9/30/25 - 11/15/42, valued at $544,558) in a joint trading account at 0.03%, dated 2/28/22, due 3/1/22 (Delivery value $532,261)532,261 
1,951,261 
TOTAL SHORT-TERM INVESTMENTS
(Cost $2,327,577)
2,327,577 
TOTAL INVESTMENT SECURITIES — 102.0%
(Cost $67,738,398)
73,784,003 
OTHER ASSETS AND LIABILITIES — (2.0)%
(1,436,590)
TOTAL NET ASSETS — 100.0%
$72,347,413 

MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Consumer Discretionary18.5%
Industrials17.6%
Information Technology14.3%
Financials12.6%
Real Estate11.4%
Materials7.8%
Health Care6.9%
Consumer Staples2.5%
Utilities1.8%
Energy1.7%
Communication Services1.2%
Exchange-Traded Funds2.5%
Short-Term Investments3.2%
Other Assets and Liabilities(2.0)%





NOTES TO SCHEDULE OF INVESTMENTS
ADR-American Depositary Receipt
(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 $1,881,099. 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 $1,937,339, which includes securities collateral of $1,571,230.



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 Board of Directors has adopted valuation policies and procedures to guide the investment advisor in the fund’s investment valuation process and to provide methodologies for the oversight of the fund’s pricing function.

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. Equity securities initially expressed in local currencies are translated into U.S. dollars at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service.

Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value.

If the fund determines that the market price for an investment is not readily available or the valuation methods mentioned above do not reflect an investment’s fair value, such investment is valued as determined in good faith by the Board of Directors or its delegate, in accordance with policies and procedures adopted by the Board of Directors. In its determination of fair value, the fund may review several factors including, but not limited to, market information regarding the specific investment or comparable investments and correlation with other investment types, futures indices or general market indicators. Circumstances that may cause the fund to use these procedures to value an investment include, but are not limited to: an investment has been declared in default or is distressed; trading in a security has been suspended during the trading day or a security is not actively trading on its principal exchange; prices received from a regular pricing source are deemed unreliable; or there is a foreign market holiday and no trading occurred.

The fund 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; 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 fund also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that the Board of Directors, or its delegate, deems appropriate. The fund 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 Stocks
Australia— 2,027,544 — 
Belgium— 1,422,741 — 
Brazil— 1,150,818 — 
Canada— 7,994,404 — 
China— 518,599 — 
Denmark— 531,135 — 
Finland— 747,705 — 
France— 1,351,145 — 
Germany— 392,760 — 
Hong Kong— 315,038 — 
Italy— 702,865 — 
Japan— 4,065,478 — 
Mexico— 428,152 — 
Netherlands167,797 1,143,295 — 
Norway— 1,018,067 — 
Spain— 1,245,888 — 
Sweden— 1,373,587 — 
Switzerland— 491,308 — 
Taiwan— 1,335,408 — 
United Kingdom— 2,177,283 — 
Other Countries39,084,948 — — 
Exchange-Traded Funds1,770,461 — — 
Short-Term Investments376,316 1,951,261 — 
41,399,522 32,384,481 — 
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.