Columbia Variable Portfolio - Select Large Cap Equity Fund
Columbia Funds Variable Series Trust II
Expense ratio
Net assets1
$3.04B
Holdings1
53
Category
US Equity
Return

Investment objective & strategy

As of April 28, 2025 · prospectus

Objective. Columbia Variable Portfolio Select Large Cap Equity Fund (the Fund) seeks long-term capital appreciation.

Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations, at the time of purchase, in the range of companies in the Standard & Poors (S&P) 500 Index (the Index). The market capitalization range of the companies included within the Index was $ 5.3 billion to $ 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 may invest up to 20% of its total assets in foreign securities. The Fund normally invests in common stocks, preferred stocks and convertible securities and may invest … Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations, at the time of purchase, in the range of companies in the Standard & Poors (S&P) 500 Index (the Index). The market capitalization range of the companies included within the Index was $ 5.3 billion to $ 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 may invest up to 20% of its total assets in foreign securities. The Fund normally invests in common stocks, preferred stocks and convertible securities and may invest in exchange-traded funds. The Fund may at times emphasize one or more sectors in selecting its investments, including the information technology sector. Generally, the Fund anticipates holding between 40 and 60 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
NVIDIA CORP $265.12M 8.72%
ALPHABET INC CL C $186.82M 6.14%
MICROSOFT CORP $186.30M 6.13%
APPLE INC $149.37M 4.91%
AMAZON.COM INC $134.26M 4.41%
BROADCOM INC $111.02M 3.65%
JPMORGAN CHASE and CO $88.96M 2.92%
META PLATFORMS INC CL A $84.55M 2.78%
EQUINIX INC $68.03M 2.24%
CHUBB LTD $67.28M 2.21%
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
13
Exited
10
Increased
9
Decreased
27
Unchanged
4

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.
Columbia Cornerstone Equity Fund · NSGAX, NSGCX, NSEPX, CLCRX, CLEYX, NSEAX 88% 0.55%
Columbia Global Value Fund · IEVAX, REVCX, REVRX, RSEYX, CEVZX, CEVYX, CEVAX 56% 0.77%
Columbia Variable Portfolio - Large Cap Growth Fund 55% 0.72%
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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