Columbia Variable Portfolio - Large Cap Growth Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$2.47B
Holdings1
46
Category
US Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

Objective. Columbia Variable Portfolio Large Cap Growth Fund (the Fund) seeks to provide shareholders with long-term capital growth.

Strategy. Under normal market conditions, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that fall within the range of the Russell 1000 Growth Index (the Index). These companies have market capitalizations in the range of companies in the Index at the time of purchase (between $ 681.0 million and $ 3.3 trillion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund invests primarily in common stocks of companies that the investment manager believes have long-term competitive advantages and have the potential for sustainable, above-average, revenue and earnings growth. The … Under normal market conditions, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that fall within the range of the Russell 1000 Growth Index (the Index). These companies have market capitalizations in the range of companies in the Index at the time of purchase (between $ 681.0 million and $ 3.3 trillion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Fund invests primarily in common stocks of companies that the investment manager believes have long-term competitive advantages and have the potential for sustainable, above-average, revenue and earnings growth. The Fund may at times emphasize one or more sectors in selecting its investments, including the information technology sector. The Fund may invest up to 25% of its net assets in foreign investments. The Fund may invest directly in foreign securities or indirectly through depositary receipts.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $333.96M 13.51%
APPLE INC $267.06M 10.80%
MICROSOFT CORP $218.11M 8.82%
AMAZON.COM INC $143.08M 5.79%
ALPHABET INC CL A $128.87M 5.21%
BROADCOM INC $123.67M 5.00%
META PLATFORMS INC CL A $110.51M 4.47%
LILLY ELI and CO $87.96M 3.56%
NETFLIX INC $69.05M 2.79%
VISA INC-CLASS A $68.27M 2.76%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
4
Exited
6
Increased
14
Decreased
25
Unchanged
3

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Columbia Cornerstone Growth Fund · LEGAX, LEGCX, GEGTX, CLGEX, CGFYX, CGWRX, CLWFX, GEGDX 91% 0.65%
Columbia Large Cap Growth Opportunity Fund · NFEAX, NFEPX, CADRX, CLRYX, CLGPX, NFEDX 87% 0.70%
Columbia Select Large Cap Growth Fund · ELGAX, URLGX, UMLGX, CGTRX, CCWRX, UMLAX 75% 0.69%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Columbia Management Investment Advisers, LLC Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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