Columbia Variable Portfolio - Select Large Cap Value Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$2.27B
Holdings1
39
Category
US Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

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

Strategy. Under normal circumstances, at least 80% of the Funds net assets (including the amount of any borrowings for investment purposes) are invested in equity securities of large capitalization issuers. These companies have market capitalizations in the range of companies in the Russell 1000 Value Index (the Index) at the time of purchase (between $ 272.6 million and $ 713.6 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Funds Board of Trustees may change the parameters by which large market capitalization is defined if it concludes such a change is appropriate. The Fund invests substantially in securities of U.S. issuers. The Fund also invests substantially in … Under normal circumstances, at least 80% of the Funds net assets (including the amount of any borrowings for investment purposes) are invested in equity securities of large capitalization issuers. These companies have market capitalizations in the range of companies in the Russell 1000 Value Index (the Index) at the time of purchase (between $ 272.6 million and $ 713.6 billion as of March 31, 2025 ). The market capitalization range and composition of companies in the Index are subject to change. The Funds Board of Trustees may change the parameters by which large market capitalization is defined if it concludes such a change is appropriate. The Fund invests substantially in securities of U.S. issuers. The Fund also invests substantially in value companies. The Fund considers value companies to be those companies believed by the investment manager to be undervalued, either historically, by the market, or as compared with issuers in the same or similar industry or sector. The Fund may at times emphasize one or more sectors in selecting its investments, including the financials sector. The Fund may hold a small number of securities, consistent with its value investment approach. Generally, the Fund anticipates holding between 30 and 40 securities in its portfolio; however, the Fund may hold, at any time, more or fewer securities than noted in this range.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
VERIZON COMMUNICATIONS INC $101.56M 4.47%
CONSTELLATION BRANDS INC CL A $89.27M 3.93%
SALESFORCE INC $84.59M 3.73%
FREEPORT MCMORAN INC $78.41M 3.45%
EPAM SYSTEMS INC $76.61M 3.38%
AMERICAN TOWER CORP $76.56M 3.37%
LOWES COS INC $71.44M 3.15%
AES CORP $70.78M 3.12%
WILLIAMS COS INC $70.36M 3.10%
CVS HEALTH CORP $69.14M 3.05%
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Allocation by sector

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

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
2
Exited
1
Increased
9
Decreased
28
Unchanged
0

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.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
SA Columbia Focused Value Portfolio 96% 0.73%
Columbia Select Large Cap Value Fund · SLVAX, SVLCX, SLVRX, SLVIX, CSVZX, CSRYX, CSVGX 94% 0.48%
COPLEY INVESTMENT FUND 29% 1.15%
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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