Columbia Select Large Cap Value Fund
Third Quarter Report
February 28, 2026 (Unaudited)
Not FDIC or NCUA Insured
No Financial Institution Guarantee
May Lose Value

Portfolio of Investments
Columbia Select Large Cap Value Fund, February 28, 2026 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in securities
Common Stocks 96.6%
Issuer
Shares
Value ($)
Communication Services 5.4%
Diversified Telecommunication Services 3.8%
Verizon Communications, Inc.
2,354,816
118,070,474
Interactive Media & Services 1.6%
Alphabet, Inc., Class A
162,626
50,700,282
Total Communication Services
168,770,756
Consumer Discretionary 3.0%
Specialty Retail 3.0%
Lowe’s Companies, Inc.
354,475
93,783,451
Total Consumer Discretionary
93,783,451
Consumer Staples 6.5%
Beverages 3.5%
Constellation Brands, Inc., Class A
698,670
110,292,046
Tobacco 3.0%
Philip Morris International, Inc.
512,615
95,771,861
Total Consumer Staples
206,063,907
Energy 9.9%
Energy Equipment & Services 2.6%
TechnipFMC PLC
1,248,093
82,761,047
Oil, Gas & Consumable Fuels 7.3%
Chevron Corp.
414,737
77,456,282
Marathon Petroleum Corp.
282,642
56,022,471
Williams Companies, Inc. (The)
1,263,032
94,373,751
Total
227,852,504
Total Energy
310,613,551
Financials 17.4%
Banks 9.1%
Bank of America Corp.
1,426,052
71,060,171
Citigroup, Inc.
655,607
72,241,336
JPMorgan Chase & Co.
224,580
67,441,374
Wells Fargo & Co.
949,054
77,300,448
Total
288,043,329
Capital Markets 2.5%
Morgan Stanley
478,678
79,704,674
Common Stocks (continued)
Issuer
Shares
Value ($)
Consumer Finance 1.6%
Capital One Financial Corp.
248,572
48,630,626
Insurance 4.2%
American International Group, Inc.
1,048,775
84,415,900
MetLife, Inc.
662,891
47,774,554
Total
132,190,454
Total Financials
548,569,083
Health Care 12.6%
Health Care Providers & Services 10.1%
Centene Corp.(a)
1,245,880
55,915,094
Cigna Group (The)
291,616
84,516,149
CVS Health Corp.
1,296,438
103,585,396
Tenet Healthcare Corp.(a)
315,625
75,557,469
Total
319,574,108
Pharmaceuticals 2.5%
Bristol-Myers Squibb Co.
1,237,237
77,166,472
Total Health Care
396,740,580
Industrials 11.9%
Aerospace & Defense 5.5%
Boeing Co. (The)(a)
386,325
87,900,527
RTX Corp.
429,687
87,063,180
Total
174,963,707
Ground Transportation 2.4%
CSX Corp.
1,753,469
74,855,591
Machinery 1.9%
Caterpillar, Inc.
82,302
61,136,395
Passenger Airlines 2.1%
Southwest Airlines Co.
1,323,646
65,202,802
Total Industrials
376,158,495
Information Technology 14.2%
Electronic Equipment, Instruments & Components 2.8%
Corning, Inc.
582,286
87,564,169
IT Services 3.4%
EPAM Systems, Inc.(a)
762,893
107,567,913
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Columbia Select Large Cap Value Fund  | 2026

Portfolio of Investments  (continued)
Columbia Select Large Cap Value Fund, February 28, 2026 (Unaudited)
Common Stocks (continued)
Issuer
Shares
Value ($)
Semiconductors & Semiconductor Equipment 4.3%
Applied Materials, Inc.
246,594
91,806,946
QUALCOMM, Inc.
313,054
44,566,368
Total
136,373,314
Software 3.7%
Salesforce, Inc.
521,243
101,532,924
Teradata Corp.(a)
516,374
16,260,617
Total
117,793,541
Total Information Technology
449,298,937
Materials 5.9%
Metals & Mining 5.9%
Barrick Mining Corp.
1,638,014
83,112,830
Freeport-McMoRan, Inc.
1,507,050
102,599,964
Total
185,712,794
Total Materials
185,712,794
Real Estate 3.3%
Specialized REITs 3.3%
American Tower Corp.
546,929
104,933,798
Total Real Estate
104,933,798
Common Stocks (continued)
Issuer
Shares
Value ($)
Utilities 6.5%
Electric Utilities 3.0%
PG&E Corp.
5,006,799
95,129,181
Independent Power and Renewable Electricity Producers 3.5%
AES Corp. (The)
6,328,058
109,348,842
Total Utilities
204,478,023
Total Common Stocks
(Cost $1,672,419,368)
3,045,123,375
Money Market Funds 3.0%
 
Shares
Value ($)
Columbia Short-Term Cash Fund, 3.777%(b),(c)
94,953,822
94,934,831
Total Money Market Funds
(Cost $94,920,424)
94,934,831
Total Investments in Securities
(Cost: $1,767,339,792)
3,140,058,206
Other Assets & Liabilities, Net
13,887,938
Net Assets
3,153,946,144
Notes to Portfolio of Investments
(a)
Non-income producing investment.
(b)
The rate shown is the seven-day current annualized yield at February 28, 2026.
(c)
Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the holdings and transactions in these affiliated companies during the period ended February 28, 2026 are as follows:
Affiliated issuers
Beginning
of period($)
Purchases($)
Sales($)
Net change in
unrealized
appreciation
(depreciation)($)
End of
period($)
Realized gain
(loss)($)
Dividends($)
End of
period shares
Columbia Short-Term Cash Fund, 3.777%
 
61,208,635
638,022,624
(604,309,316
)
12,888
94,934,831
(1,638
)
2,197,831
94,953,822
Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.
Columbia Select Large Cap Value Fund  | 2026
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You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.
3QT216_05_T01_(04/26)