NPORT-EX 2 aclq_globalsmallcap.htm PART F Document

American Century Investments®
Quarterly Portfolio Holdings
Global Small Cap Fund
August 31, 2023



Global Small Cap - Schedule of Investments
AUGUST 31, 2023 (UNAUDITED) 
SharesValue ($)
COMMON STOCKS — 99.0%
Australia — 1.6%
carsales.com Ltd.
50,467 938,602 
Pinnacle Investment Management Group Ltd.
68,361 411,470 
1,350,072 
Belgium — 0.1%
D'ieteren Group
505 82,479 
Brazil — 1.0%
Direcional Engenharia SA
97,700 393,597 
TOTVS SA
82,000 456,692 
850,289 
Canada — 7.9%
ATS Corp.(1)
13,400 600,856 
Boardwalk Real Estate Investment Trust
17,909 906,186 
Brookfield Infrastructure Corp., Class A
14,869 577,661 
Capstone Copper Corp.(1)(2)
202,594 943,100 
Element Fleet Management Corp.
54,988 845,249 
FirstService Corp.
7,004 1,059,153 
Kinaxis, Inc.(1)
4,588 565,588 
Stantec, Inc.
20,036 1,338,402 
6,836,195 
China — 0.7%
Poly Property Services Co. Ltd., Class H
16,400 76,126 
Tongcheng Travel Holdings Ltd.(1)
246,000 551,300 
627,426 
Finland — 0.6%
Metso Oyj
46,875 538,384 
France — 1.3%
Gaztransport Et Technigaz SA
2,717 336,459 
SPIE SA
27,168 813,331 
1,149,790 
Germany — 3.9%
AIXTRON SE
18,641 707,658 
CTS Eventim AG & Co. KGaA
12,598 783,703 
HelloFresh SE(1)
15,958 514,296 
Hugo Boss AG
2,858 215,151 
KION Group AG
15,694 626,524 
Redcare Pharmacy NV(1)
4,868 579,701 
3,427,033 
Hong Kong — 1.8%
Samsonite International SA(1)
461,100 1,543,564 
India — 0.5%
WNS Holdings Ltd., ADR(1)
6,537 427,193 
Ireland — 0.5%
AIB Group PLC
100,823 458,900 
Israel — 2.7%
CyberArk Software Ltd.(1)
4,055 673,292 
Inmode Ltd.(1)
26,359 1,030,374 
Nova Ltd.(1)
5,132 661,720 
2,365,386 



Italy — 1.7%
BPER Banca
311,680 938,554 
Eurogroup Laminations SpA(1)
71,729 393,632 
Interpump Group SpA
3,064 154,901 
1,487,087 
Japan — 8.9%
Asics Corp.
43,300 1,575,940 
Goldwin, Inc.
5,900 421,487 
Invincible Investment Corp.
2,271 943,450 
Japan Airport Terminal Co. Ltd.
13,300 630,389 
JMDC, Inc.
19,600 586,168 
MatsukiyoCocokara & Co.
13,100 771,334 
Money Forward, Inc.(1)
18,400 691,729 
Nippon Gas Co. Ltd.(2)
13,100 203,911 
Ryohin Keikaku Co. Ltd.(2)
34,700 447,362 
Socionext, Inc.
5,100 631,022 
TechnoPro Holdings, Inc.
22,100 542,014 
Toyo Suisan Kaisha Ltd.
7,400 305,114 
7,749,920 
Mexico — 1.5%
Corp. Inmobiliaria Vesta SAB de CV(2)
169,814 627,845 
Gentera SAB de CV
553,386 674,105 
1,301,950 
Netherlands — 0.2%
Basic-Fit NV(1)(2)
6,528 198,931 
Norway — 0.9%
Aker Solutions ASA
188,154 785,828 
South Korea — 1.0%
JYP Entertainment Corp.
10,137 859,718 
Spain — 1.2%
CIE Automotive SA
13,376 406,793 
Sacyr SA(2)
189,090 602,162 
1,008,955 
Sweden — 1.9%
Fortnox AB
75,146 390,324 
Thule Group AB
18,595 537,437 
Trelleborg AB, B Shares
27,128 688,695 
1,616,456 
Switzerland — 0.7%
Dufry AG(1)
13,124 583,133 
Taiwan — 1.9%
Lotes Co. Ltd.
16,000 432,397 
Poya International Co. Ltd.
29,300 446,493 
Wiwynn Corp.
16,000 779,751 
1,658,641 
United Kingdom — 3.3%
Games Workshop Group PLC
3,093 423,532 
Indivior PLC(1)
27,406 630,616 
Intermediate Capital Group PLC
46,865 800,903 
Rotork PLC
126,300 480,004 
Tritax Big Box REIT PLC
292,416 522,285 
2,857,340 
United States — 53.2%
ADMA Biologics, Inc.(1)
115,921 446,296 
Alphatec Holdings, Inc.(1)
27,520 449,952 



Antero Resources Corp.(1)
28,692 793,908 
ATI, Inc.(1)
18,339 831,307 
Avid Bioservices, Inc.(1)
7,183 84,759 
AZEK Co., Inc.(1)
29,258 995,065 
Bancorp, Inc.(1)
18,259 670,288 
Bowlero Corp.(1)(2)
15,738 173,118 
Clean Harbors, Inc.(1)
5,161 873,964 
Commerce Bancshares, Inc.
12,512 614,214 
Commercial Metals Co.
16,202 912,011 
Construction Partners, Inc., Class A(1)
21,517 747,716 
Crocs, Inc.(1)
2,172 211,422 
DoubleVerify Holdings, Inc.(1)
14,347 485,072 
Driven Brands Holdings, Inc.(1)
23,279 350,349 
elf Beauty, Inc.(1)
6,461 896,205 
Ensign Group, Inc.
4,290 429,944 
Eventbrite, Inc., Class A(1)
56,780 575,181 
Evercore, Inc., Class A
4,715 660,336 
Evolent Health, Inc., Class A(1)
16,060 409,691 
Freshpet, Inc.(1)
5,871 443,319 
FTI Consulting, Inc.(1)
3,461 643,123 
Guidewire Software, Inc.(1)
9,679 836,556 
GXO Logistics, Inc.(1)
13,839 885,281 
H&E Equipment Services, Inc.
11,930 540,668 
Hamilton Lane, Inc., Class A
4,737 439,546 
Hayward Holdings, Inc.(1)
52,202 772,590 
Healthcare Services Group, Inc.
18,268 210,995 
HealthEquity, Inc.(1)
10,429 704,479 
Huron Consulting Group, Inc.(1)
8,692 868,765 
Inspire Medical Systems, Inc.(1)
1,977 448,542 
Inter Parfums, Inc.
4,826 674,337 
Jabil, Inc.
5,493 628,509 
JELD-WEN Holding, Inc.(1)
39,908 601,813 
Kinsale Capital Group, Inc.
3,370 1,343,383 
Lattice Semiconductor Corp.(1)
7,230 703,190 
Littelfuse, Inc.
1,848 493,564 
Louisiana-Pacific Corp.
7,370 460,478 
MACOM Technology Solutions Holdings, Inc.(1)
2,077 175,631 
Manhattan Associates, Inc.(1)
3,624 734,295 
MGP Ingredients, Inc.
5,250 629,475 
Modine Manufacturing Co.(1)
15,924 757,823 
Natera, Inc.(1)
9,780 574,379 
Newmark Group, Inc., Class A
55,866 396,090 
NOW, Inc.(1)
62,247 695,299 
O-I Glass, Inc.(1)
30,856 612,800 
Ollie's Bargain Outlet Holdings, Inc.(1)
11,578 892,432 
Onto Innovation, Inc.(1)
6,577 914,071 
Power Integrations, Inc.
5,084 427,158 
Pure Storage, Inc., Class A(1)
17,290 632,641 
R1 RCM, Inc.(1)
42,763 737,234 
RadNet, Inc.(1)
36,502 1,219,532 
RLI Corp.
4,963 652,734 
Ryman Hospitality Properties, Inc.
10,870 924,276 
scPharmaceuticals, Inc.(1)(2)
36,781 282,478 
Shift4 Payments, Inc., Class A(1)
9,807 556,939 
Sigma Lithium Corp.(1)
15,466 473,878 



SouthState Corp.
8,164 590,257 
SPS Commerce, Inc.(1)
4,775 888,771 
Summit Materials, Inc., Class A(1)
21,276 795,935 
Surgery Partners, Inc.(1)
14,440 523,594 
Tenable Holdings, Inc.(1)
24,969 1,132,843 
Terreno Realty Corp.
6,682 406,867 
Toll Brothers, Inc.
16,730 1,370,689 
TransMedics Group, Inc.(1)
6,473 424,823 
Transocean Ltd.(1)
141,793 1,159,867 
Trex Co., Inc.(1)
6,473 461,978 
Wayfair, Inc., Class A(1)
12,772 882,673 
Weatherford International PLC(1)
13,231 1,171,208 
Wintrust Financial Corp.
9,551 741,253 
46,149,859 
TOTAL COMMON STOCKS
(Cost $73,060,753)
85,914,529 
EXCHANGE-TRADED FUNDS — 0.8%
Schwab International Small-Cap Equity ETF
10,613 361,054 
Schwab US Small-Cap ETF
8,158 360,747 
TOTAL EXCHANGE-TRADED FUNDS
(Cost $688,358)
721,801 
SHORT-TERM INVESTMENTS — 1.1%
Money Market Funds — 0.8%
State Street Institutional U.S. Government Money Market Fund, Premier Class
1,208 1,208 
State Street Navigator Securities Lending Government Money Market Portfolio(3)
660,840 660,840 
662,048 
Repurchase Agreements — 0.3%
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 2.375% - 3.00%, 5/15/47 - 5/15/51, valued at $42,990), in a joint trading account at 5.25%, dated 8/31/23, due 9/1/23 (Delivery value $42,119)
42,113 
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 0.625%, 3/31/27, valued at $213,236), at 5.28%, dated 8/31/23, due 9/1/23 (Delivery value $209,031)
209,000 
251,113 
TOTAL SHORT-TERM INVESTMENTS
(Cost $913,161)
913,161 
TOTAL INVESTMENT SECURITIES — 100.9%
(Cost $74,662,272)
87,549,491 
OTHER ASSETS AND LIABILITIES — (0.9)%
(743,544)
TOTAL NET ASSETS — 100.0%
$86,805,947 

MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Industrials18.7%
Information Technology
16.2%
Consumer Discretionary
13.9%
Financials12.1%
Health Care
10.4%
Real Estate
6.8%
Materials5.8%
Consumer Staples
5.6%
Energy4.9%
Communication Services
3.7%
Utilities0.9%
Exchange-Traded Funds
0.8%
Short-Term Investments
1.1%
Other Assets and Liabilities
(0.9)%




NOTES TO SCHEDULE OF INVESTMENTS
ADRAmerican 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 $1,282,419. 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 $1,356,918, which includes securities collateral of $696,078.



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. 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 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 Stocks
Australia$1,350,072— 
Belgium82,479— 
Brazil850,289— 
Canada$1,178,5175,657,678— 
China627,426— 
Finland538,384— 
France1,149,790— 
Germany3,427,033— 
Hong Kong
1,543,564— 
Ireland458,900— 
Italy1,487,087— 
Japan7,749,920— 
Mexico1,301,950— 
Netherlands198,931— 
Norway785,828— 
South Korea
859,718— 
Spain1,008,955— 
Sweden1,616,456— 
Switzerland583,133— 
Taiwan1,658,641— 
United Kingdom
2,857,340— 
Other Countries
48,942,438— 
Exchange-Traded Funds
721,801— 
Short-Term Investments
662,048251,113— 
$51,504,804$36,044,687— 
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.