Variable Portfolio - Partners Core Equity Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$2.06B
Holdings1
116
Category
US Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

Objective. Variable Portfolio Partners Core Equity Fund (the Fund) seeks to provide shareholders with long-term capital growth.

Strategy. Under normal market conditions, at least 80% of the Funds net assets (plus the amount of any borrowings for investment purposes) are invested in equity securities. Equity securities include, for example, common stock, preferred stock and convertible securities. The Fund may invest in the securities of issuers of any size, including small-, mid- and large-capitalization companies. The Fund may invest up to 25% of its net assets in foreign investments. The Fund may invest in foreign securities directly or indirectly through depositary receipts. The Fund may at times emphasize one or more sectors in selecting its investments, including the information technology sector . Multiple subadvisers provide the day-to-day management of the Funds portfolio. Under normal market conditions, at least 80% of the Funds net assets (plus the amount of any borrowings for investment purposes) are invested in equity securities. Equity securities include, for example, common stock, preferred stock and convertible securities. The Fund may invest in the securities of issuers of any size, including small-, mid- and large-capitalization companies. The Fund may invest up to 25% of its net assets in foreign investments. The Fund may invest in foreign securities directly or indirectly through depositary receipts. The Fund may at times emphasize one or more sectors in selecting its investments, including the information technology sector . Multiple subadvisers provide the day-to-day management of the Funds portfolio.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $174.68M 8.49%
APPLE INC $147.82M 7.18%
MICROSOFT CORP $100.02M 4.86%
AMAZON.COM INC $76.11M 3.70%
BROADCOM INC $65.38M 3.18%
ALPHABET INC CL C $59.23M 2.88%
ALPHABET INC CL A $49.68M 2.41%
META PLATFORMS INC CL A $44.14M 2.15%
LOWES COS INC $40.46M 1.97%
MCDONALDS CORP $34.06M 1.66%
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
18
Exited
13
Increased
44
Decreased
48
Unchanged
6

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 →

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Advisers

As of December 31, 2025 · N-CEN
FirmRole
J.P. Morgan Investment Management, Inc. Sub-adviser
Columbia Management Investment Advisers, LLC Adviser
T. Rowe Price Associates, Inc. Sub-adviser

Footnotes

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

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