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VALIC Company I - Asset Allocation Fund - (unaudited)

May 31, 2020

Security Coupon(%) Maturity Date Market Value ($)

3M Co. 125,152

A2A SpA 14,698

AAK AB 40,810

Aalberts NV 53,316

ABB, Ltd. 56,202

Abbott Laboratories 27,052

AbbVie, Inc. 4.05 11/21/2039 88,224

AbbVie, Inc. 4.25 11/21/2049 116,031

AbbVie, Inc. 4.50 05/14/2035 35,428

Accenture PLC, Class A 251,823

Acciona SA 153,196

ACEA SpA 127,737

Ackermans & van Haaren NV 41,731

Activision Blizzard, Inc. 74,067

Adaro Indonesia PT 4.25 10/31/2024 226,875

Adevinta ASA, Class B 7,401

Adobe, Inc. 265,208

Advanced Micro Devices, Inc. 68,756

Aedifica SA 58,146

AEP Texas, Inc. 4.15 05/01/2049 40,923

AEP Transmission Co. LLC 3.80 06/15/2049 51,628

AF POYRY AB 24,839

Aflac, Inc. 9,737

Agricultural Bank of China, Ltd., Class A 136,550

Air Products & Chemicals, Inc. 89,411

Air Products and Chemicals, Inc. 2.70 05/15/2040 37,363

Akamai Technologies, Inc. 18,409

Albemarle Wodgina Pty, Ltd. 3.45 11/15/2029 23,672

Alimentation Couche-Tard, Inc. 3.80 01/25/2050 34,140

ALK-Abello A/S 11,739

Allstate Corp. 7,727

Alphabet, Inc., Class A 570,541

Alphabet, Inc., Class C 591,573

Alstria Office REIT-AG 64,440

Alten SA 48,393

Altria Group, Inc. 13,589

Amazon.com, Inc. 4.80 12/05/2034 32,508

Amazon.com, Inc. 1,499,615

Ambu A/S, Class B 61,528

America Movil SAB de CV 4.38 04/22/2049 236,400

American Express Co. 0.91 05/17/2021 300,445

American Honda Finance Corp. 1.42 10/19/2020 240,000

American Tower Corp. 188,464

American Water Capital Corp. 3.45 05/01/2050 14,286

AMETEK, Inc. 27,513

Amgen, Inc. 3.15 02/21/2040 118,073

Amgen, Inc. 3.38 02/21/2050 37,600

Amgen, Inc. 5.15 11/15/2041 46,287

Amgen, Inc. 4,594

Amorepacific Corp. 46,418

AMOREPACIFIC Group 15,654

Amphenol Corp., Class A 34,762

Amplifon SpA 26,378

ams AG 44,577

Analog Devices, Inc. 120,066

Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc. 4.90 02/01/2046 408,688

Anheuser-Busch InBev Worldwide, Inc. 4.60 04/15/2048 71,283

Anhui Conch Cement Co., Ltd., Class A 187,102

Apache Corp. 106,066

Apple, Inc. 2.65 05/11/2050 41,305

Apple, Inc. 1,985,853

Applied Materials, Inc. 80,562

Aptiv PLC 24,866

Arconic Corp. 695

Argenx SE 15,093

Argenx SE 62,617

Arista Networks, Inc. 79,143

Arjo AB, Class B 2,421

Asahi Group Holdings, Ltd. 22,626

ASM International NV 53,079

ASM Pacific Technology, Ltd. 43,823

ASR Nederland NV 43,111

Assurant, Inc. 6.75 02/15/2034 2,336

of 151

Assurant, Inc. 1,641

AT&T, Inc. 2.17 07/15/2021 377,089

AT&T, Inc. 4.50 05/15/2035 41,630

AT&T, Inc. 4.50 03/09/2048 39,681

AT&T, Inc. 4.75 05/15/2046 102,424

AT&T, Inc. 4.80 06/15/2044 53,047

AT&T, Inc. 4.85 07/15/2045 162,899

AT&T, Inc. 4.90 08/15/2037 86,879

AT&T, Inc. 5.35 12/15/2043 42,487

AT&T, Inc. 297,182

Athene Holding, Ltd. 6.15 04/03/2030 34,597

Atlantica Yield PLC 132,834

Atlassian Corp. PLC, Class A 1,297

Atos SE 63,505

Aurubis AG 64,069

Autodesk, Inc. 118,234

Automatic Data Processing, Inc. 80,570

AutoNation, Inc. 4.75 06/01/2030 18,750

AutoZone, Inc. 39,027

AvalonBay Communities, Inc. 34,322

Avangrid, Inc. 123,654

Avery Dennison Corp. 2.65 04/30/2030 21,955

Axfood AB 43,596

Azimut Holding SpA 30,276

Baidu, Inc. 3.08 04/07/2025 208,184

Baidu, Inc. ADR 124,770

Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc. 4.49 05/01/2030 20,323

Baker Hughes Co. 13,703

Bakkafrost P/F 40,657

Ball Corp. 39,193

Banca Generali SpA 10,437

Banco de Credito e Inversiones SA 3.50 10/12/2027 205,871

Bangkok Bank PCL 4.45 09/19/2028 220,627

Bank of America Corp. 2.02 04/24/2023 288,899




Bank of America Corp. 790,051

Bank of New York Mellon Corp. 126,266

Banque Cantonale Vaudoise 71,104

Baoshan Iron & Steel Co., Ltd., Class A 125,915

Barco NV 18,342

BAWAG Group AG 57,837

Baxalta, Inc. 5.25 06/23/2045 65,886

BE Semiconductor Industries NV 46,189

Bechtle AG 84,390

Becton Dickinson and Co. 4.69 12/15/2044 45,476

Beijer Ref AB 9,102

Belimo Holding AG 52,765

Berkshire Hathaway Energy Co. 4.25 10/15/2050 45,255

Berkshire Hathaway Finance Corp. 4.25 01/15/2049 151,861

Berkshire Hathaway, Inc., Class B 7,794

Best Buy Co., Inc. 4,373

BillerudKorsnas AB 33,170

Biogen, Inc. 3.15 05/01/2050 25,383

Biogen, Inc. 10,748

Black Hills Corp. 3.88 10/15/2049 45,242

Boeing Co. 107,929

Bolsas y Mercados Espanoles 31,385

Booking Holdings, Inc. 109,841

Booz Allen Hamilton Holding Corp. 74,815

Boskalis Westminster NV 8,315

Boston Properties, Inc. 23,043

BP Capital Markets America, Inc. 3.00 02/24/2050 157,389

BPER Banca 34,379

Bravida Holding AB 59,341

Brembo SpA 37,188

Brighthouse Financial, Inc. 4.70 06/22/2047 90,967

Bristol-Myers Squibb Co. 0.59 11/16/2020 233,123



Broadcom, Inc. 4.15 11/15/2030 36,649

Broadcom, Inc. 5.00 04/15/2030 24,399

Broadcom, Inc. 247,871

Brooklyn Union Gas Co. 4.49 03/04/2049 7,330

Bucher Industries AG 49,083

Burlington Northern Santa Fe LLC 4.05 06/15/2048 28,921

of 151

Burlington Northern Santa Fe LLC 4.45 03/15/2043 149,447

Burlington Stores, Inc. 4,403

BUWOG AG 0

Buzzi Unicem SpA 17,226

C.H. Robinson Worldwide, Inc. 3,002

CA Immobilien Anlagen AG 39,513

Cabot Oil & Gas Corp. 21,229

CACI International, Inc., Class A 13,041

Campbell Soup Co. 3.13 04/24/2050 40,658

Canadian Pacific Railway Co. 6.13 09/15/2115 34,602

CANCOM SE 32,162

Capcom Co., Ltd. 24,730

Capgemini SE 74,649

Cardinal Health, Inc. 4.60 03/15/2043 12,721


Carnival Corp. 8,814

Carrier Global Corp. 3.38 04/05/2040 78,253


Carrier Global Corp. 22,722

Castellum AB 29,973

Caterpillar, Inc. 3.25 09/19/2049 48,778

Caterpillar, Inc. 98,507

Cboe Global Markets, Inc. 7,559

CDK Global, Inc. 52,518

Celltrion Healthcare Co., Ltd. 40,514

Celltrion, Inc. 156,180

Cembra Money Bank AG 60,219

CenterPoint Energy Houston Electric LLC 4.25 02/01/2049 38,368

Central Japan Railway Co. 17,127

Cerner Corp. 2,552

Cerved Group SpA 37,630

CF Industries Holdings, Inc. 5,052

Charter Communications Operating LLC/Charter Communications Operating Capital 3.70 04/01/2051 38,340



Charter Communications, Inc., Class A 134,368

Check Point Software Technologies, Ltd. 84,227

Chemed Corp. 8,135

Cheniere Corpus Christi Holdings LLC 3.70 11/15/2029 29,840

Chevron Corp. 206,692

China Everbright Bank Co., Ltd., Class A 80,812

China Huadian Overseas Development Management Co., Ltd. 4.00 12/31/2099 202,047

China Minsheng Banking Corp., Ltd., Class A 136,996

China Petroleum & Chemical Corp., Class A 25,445

China Railway Construction Corp., Ltd., Class A 100,368

China Railway Signal & Communication Corp., Ltd. 29,618

China State Construction Engineering Corp., Ltd., Class A 278,375

China Vanke Co., Ltd., Class A 118,500

Chinalco Capital Holdings, Ltd. 4.10 12/31/2099 196,052

Chipotle Mexican Grill, Inc. 30,117

Chubb, Ltd. 3,536

Cigna Corp. 4.80 08/15/2038 22,512

Cigna Corp. 4.90 12/15/2048 89,244

Cimarex Energy Co. 119,968

Cintas Corp. 48,600

Cisco Systems, Inc. 432,532

CITIC Securities Co., Ltd. 136,716

Citigroup, Inc. 4.65 07/23/2048 176,209

Citigroup, Inc. 4.75 05/18/2046 33,628

Citigroup, Inc. 6.00 10/31/2033 71,187

Citigroup, Inc. 423,572

Citizens Financial Group, Inc. 42,416

CJ CheilJedang Corp. 24,044

Clearway Energy, Inc., Class A 61,438

Clearway Energy, Inc., Class C 63,539

Cleveland Electric Illuminating Co. 5.95 12/15/2036 25,397

CNAC HK Finbridge Co., Ltd. 3.38 06/19/2024 204,642

CNH Industrial NV 3.85 11/15/2027 26,515

CNPC HK Overseas Capital, Ltd. 5.95 04/28/2041 282,005

Coca-Cola Co. 2.60 06/01/2050 47,461

Coca-Cola Co. 2.75 06/01/2060 46,849

Cognex Corp. 69,677

Cognizant Technology Solutions Corp., Class A 113,526

Colgate-Palmolive Co. 8,463

Colonial Enterprises, Inc. 3.25 05/15/2030 17,985

Comcast Corp. 1.87 10/01/2021 205,601

Comcast Corp. 3.20 07/15/2036 7,510

of 151

Comcast Corp. 3.75 04/01/2040 33,099

Comcast Corp. 3.90 03/01/2038 16,341

Comcast Corp. 3.97 11/01/2047 63,815

Comcast Corp. 4.60 10/15/2038 144,270

Comcast Corp., Class A 229,680

Comerica, Inc. 21,301

Cometa Energia SA de CV 6.38 04/24/2035 187,815

CompuGroup Medical SE 14,536

COMSYS Holdings Corp. 16,723

Conagra Brands, Inc. 5.40 11/01/2048 111,611

Concho Resources, Inc. 123,215

Concordia Financial Group, Ltd. 9,160

ConocoPhillips 164,502

Consolidated Edison Co. of New York, Inc. 3.95 04/01/2050 29,327

Constellation Brands, Inc. 3.75 05/01/2050 33,125

Continental Resources, Inc. 97,485

Conzzeta AG 26,462

Copart, Inc. 1,877

Corbion NV 62,435

CoreLogic, Inc. 11,002

Corning, Inc. 5.45 11/15/2079 150,891

Corning, Inc. 23,930

Corteva, Inc. 35,230

CoStar Group, Inc. 32,840

Costco Wholesale Corp. 1,542

Country Garden Holdings Co., Ltd. 7.25 04/08/2026 214,859

Coway Co, Ltd. 29,869

Credit Acceptance Corp. 740

Crown Castle International Corp. 4.15 07/01/2050 35,008


Crown Castle International Corp. 117,069

CSX Corp. 3.80 04/15/2050 51,182

CSX Corp. 96,776

CTS Eventim AG & Co. KGaA 43,384

Cummins, Inc. 33,920

Curtiss-Wright Corp. 3,009

CVS Health Corp 4.13 04/01/2040 16,175

CVS Health Corp 4.25 04/01/2050 25,838

CVS Health Corp. 1.72 03/09/2021 370,575

CVS Health Corp. 4.78 03/25/2038 34,182

CVS Health Corp. 5.05 03/25/2048 165,454

CVS Health Corp. 15,540

Daelim Industrial Co., Ltd. 27,800

Daifuku Co., Ltd. 62,281

Dai-ichi Life Holdings, Inc. 30,002

Dai-ichi Life Insurance Co., Ltd. 4.00 12/29/2049 211,500

Daiichi Sankyo Co., Ltd. 46,842

Daikin Industries, Ltd. 29,449

Deere & Co. 3.75 04/15/2050 113,768

Deere & Co. 62,369

Dell International LLC/EMC Corp. 6.20 07/15/2030 25,113


De'Longhi SpA 12,031

DENTSPLY SIRONA, Inc. 3.25 06/01/2030 27,654

Deutsche Telekom AG 3.63 01/21/2050 162,400

Devon Energy Corp. 8,972

DexCom, Inc. 4,540

DH Europe Finance II SARL 3.25 11/15/2039 133,091

Dialog Semiconductor PLC 58,667

Diamondback Energy, Inc. 114,114

DiaSorin SpA 70,954

Digital Realty Trust, Inc. 45,939

Disco Corp. 22,369

Discovery Communications LLC 4.95 05/15/2042 52,487

Discovery, Inc., Class C 744

DKSH Holding AG 39,977

Dollar General Corp. 64,539

Dollar Tree, Inc. 31,318

Dometic Group AB 40,292

Dominion Energy South Carolina, Inc. 5.10 06/01/2065 15,413

Dominion Resources, Inc. 5.25 08/01/2033 22,285

Domino's Pizza, Inc. 1,929

Domtar Corp. 6.75 02/15/2044 87,545

Dongfeng Motor Group Co., Ltd. 20,251

dormakaba Holding AG 43,469

Dow, Inc. 58,132

DTE Electric Co. 2.95 03/01/2050 45,693

of 151

DTE Electric Co. 3.95 03/01/2049 91,687

DTE Electric Co. 4.05 05/15/2048 22,194

Duke Energy Carolinas LLC 3.75 06/01/2045 101,790

Duke Energy Indiana LLC 3.25 10/01/2049 80,425

Duke Energy Ohio, Inc. 2.13 06/01/2030 19,511

DuPont de Nemours, Inc. 62,905

DXC Technology Co. 29,358

E.ON SE 127,011

Eaton Corp. PLC 47,544

eBay, Inc. 69,221

Ecolab, Inc. 97,787

Ecopetrol SA 5.88 05/28/2045 31,200

EDP - Energias de Portugal SA 125,796

EDP Renovaveis SA 129,383

Edwards Lifesciences Corp. 25,169

eGuarantee, Inc. 12,168

Electricite de France SA 5.00 09/21/2048 249,560

Electronic Arts, Inc. 46,694

Elekta AB, Series B 36,980

Eli Lilly & Co. 9,177

Elis SA 61,309

E-MART Inc. 23,520

Emera US Finance LP 4.75 06/15/2046 47,423

Emerson Electric Co. 51,867

Emmi AG 32,911

Enav SpA 41,212

Enbridge, Inc. 5.50 07/15/2077 55,309

Enel SpA 137,819

Energy Transfer Operating LP 5.15 02/01/2043 21,760



Enersis Chile SA ADR 104,455

Engie SA 134,044

Enstar Group, Ltd. 4.95 06/01/2029 44,246

Entergy Corp. 3.75 06/15/2050 21,806

Entergy Texas, Inc. 4.50 03/30/2039 106,096

Enterprise Products Operating LLC 4.25 02/15/2048 42,326




Entra ASA 55,031

EOG Resources, Inc. 4.38 04/15/2030 18,932


EOG Resources, Inc. 150,871

Equinix, Inc. 84,413

Equinor ASA 2.38 05/22/2030 41,269

Equinor ASA 3.25 11/18/2049 46,416

Equinor ASA 3.70 04/06/2050 30,393

Equity Residential 40,333

ERG SpA 139,995

Essential Utilities, Inc. 3.35 04/15/2050 27,511

Essex Property Trust, Inc. 21,849

Euronav NV 40,041

Euronext NV 86,482

Evergy Kansas Central, Inc. 3.45 04/15/2050 65,658

Evolution Gaming Group AB 92,036

Evotec SE 38,742

Exelon Corp. 4.70 04/15/2050 41,700

Experian PLC 106,138

Exxon Mobil Corp. 228,714

F5 Networks, Inc. 75,358

Fabege AB 26,110

Facebook, Inc., Class A 734,244

Fagron 27,214

Fancl Corp. 19,904

FANUC Corp. 71,424

Fastenal Co. 30,945

Fastighets AB Balder, Class B 32,528

FedEx Corp. 44,390

Fidelity National Financial, Inc. 3,828

Fidelity National Information Services, Inc. 104,123

Fifth Third Bancorp 55,707

First Abu Dhabi Bank PJSC 3.00 03/30/2022 205,000

First Republic Bank 73,880

First Solar, Inc. 124,475

FirstEnergy Corp. 7.38 11/15/2031 85,175

Fiserv, Inc. 4.40 07/01/2049 27,950

of 151

Fiserv, Inc. 80,078

FleetCor Technologies, Inc. 39,006

FLIR Systems, Inc. 12,613

Flughafen Zurich AG 54,349

Forbo Holding AG 45,810

Ford Motor Co. 9.63 04/22/2030 19,980

Ford Motor Co. 31,462

Fortinet, Inc. 182,491

Fortive Corp. 25,612

Fortum Oyj 135,272

Freenet AG 45,903

Frontdoor, Inc. 13,512

Fuji Electric Co., Ltd. 21,418

Fuji Oil Holdings, Inc. 21,478

Fujitsu, Ltd. 134,070

Galenica AG 71,053

Gaztransport Et Technigaz SA 28,807

GD Power Development Co., Ltd. 32,754

GE Capital Funding LLC 4.40 05/15/2030 41,463

GE Capital International Funding Co. ULC 4.42 11/15/2035 199,835

General Dynamics Corp. 48,454

General Electric Co. 4.35 05/01/2050 34,181

General Electric Co. 79,103

General Motors Co. 46,325

Georg Fischer AG 59,013

Georgia Power Co. 4.30 03/15/2042 48,602

Georgia-Pacific LLC 2.30 04/30/2030 49,102

Gerresheimer AG 48,047

Getinge AB, Class B 12,925

Glanbia PLC 23,633

Glanbia PLC 39,697

Global Payments, Inc. 63,360

Globo Comunicacao e Participacoes SA 4.88 01/22/2030 172,200

GN Store Nord A/S 74,328

GoDaddy, Inc., Class A 95,481

Goldman Sachs Group, Inc. 2.10 04/26/2022 370,377




Goldman Sachs Group, Inc. 254,062

Grand City Properties SA 48,098

Gree Electric Appliances, Inc. of Zhuhai, Class A 248,192

GRENKE AG 49,048

GS Engineering & Construction Corp. 18,118

GS Holdings Corp. 25,609

Guangdong Haid Group Co., Ltd., Class A 225,848

Guangxi Liuzhou Pharmaceutical Co., Ltd., Class A 46,693

Guardian Life Insurance Co. of America 3.70 01/22/2070 14,347

Guidewire Software, Inc. 116,633

Haitong Securities Co., Ltd. 70,465

Halliburton Co. 2.92 03/01/2030 40,881

Halliburton Co. 15,863

Hana Financial Group, Inc. 74,314

Hangzhou Hikvision Digital Technology Co., Ltd., Class A 89,861

Hankook Tire & Technology Co., Ltd. 18,275

Hanmi Pharm Co., Ltd. 18,032

Hanon Systems 19,033

Han's Laser Technology Industry Group Co., Ltd., Class A 120,436

Hanwha Solutions Corp. 16,028

Harmonic Drive Systems, Inc. 52,028

Hartford Financial Services Group, Inc. 191

HEICO Corp. 4,131

HEICO Corp., Class A 7,807

Helixmith Co., Ltd. 12,923

HelloFresh SE 77,730

Helvetia Holding AG 15,841

Henry Schein, Inc. 15,119

Hera SpA 30,805

Hess Corp. 7.13 03/15/2033 66,355

Hess Corp. 129,118

Hewlett Packard Enterprise Co. 6.20 10/15/2035 5,970

Hewlett Packard Enterprise Co. 16,313

Hexagon AB, Class B 81,468

Hexpol AB 46,887

Highwoods Properties, Inc. 957

Hikari Tsushin, Inc. 21,937

Hilton Worldwide Holdings, Inc. 28,869

of 151

Hitachi, Ltd. 96,291

HLB, Inc. 29,944

HollyFrontier Corp. 11,322

Holmen AB 40,022

Home Depot, Inc. 3.35 04/15/2050 60,035

Home Depot, Inc. 4.40 03/15/2045 50,096

Home Depot, Inc. 4.50 12/06/2048 45,019

Home Depot, Inc. 408,998

Honeywell International, Inc. 286,741

Hotel Shilla Co., Ltd. 21,801

Howmet Aerospace, Inc. 5,441

Hoya Corp. 28,159

HP, Inc. 27,706

HSBC Holdings PLC 3.34 05/25/2021 201,693


Huadong Medicine Co., Ltd., Class A 100,663

Hubei Jumpcan Pharmaceutical Co., Ltd. 46,476

Hufvudstaden AB, Class A 20,004

HUGO BOSS AG 41,866

Huhtamaki Oyj 58,310

Humana, Inc. 4.88 04/01/2030 91,398

Humana, Inc. 20,943

Huntington Bancshares, Inc. 37,142

Huntington Ingalls Industries, Inc. 4.20 05/01/2030 38,995

Huntington Ingalls Industries, Inc. 1,399

Huntsman International LLC 4.50 05/01/2029 53,862

Hyundai Engineering & Construction Co., Ltd. 24,082

Hyundai Glovis Co., Ltd. 19,765

Hyundai Heavy Industries Holdings Co., Ltd. 25,659

Hyundai Mobis Co., Ltd. 102,525

Hyundai Motor Co. 120,529

Hyundai Motor Co. (2nd Preference Shares) 16,522

Hyundai Steel Co. 17,354

Iberdrola SA 135,129

IBM Corp. 0.83 05/13/2021 310,971

Idorsia, Ltd. 41,117

IHS Markit, Ltd. 53,762

Illinois Tool Works, Inc. 77,607

Illumina, Inc. 3,631

IMCD NV 87,320

IMMOFINANZ AG 28,863

Indika Energy Capital III Pte, Ltd. 5.88 11/09/2024 169,112

Indra Sistemas SA 35,472

Industrial & Commercial Bank of China, Ltd., Class A 103,180

Industrial Bank Co., Ltd., Class A 191,527

Indutrade AB 68,081

Infrastrutture Wireless Italiane SpA 38,269

Ingenico Group SA 65,774

Ingersoll Rand, Inc. 8,516

Ingersoll-Rand Luxembourg Finance SA 4.50 03/21/2049 82,929

Inmobiliaria Colonial Socimi SA 38,233

Inner Mongolia Yili Industrial Group Co., Ltd., Class A 60,201

Inpex Corp. 10,474

Intel Corp. 3.10 02/15/2060 77,345

Intel Corp. 3.90 03/25/2030 32,318

Intel Corp. 375,189

Inter-American Development Bank 4.38 01/24/2044 82,763

Intercontinental Exchange, Inc. 3.00 06/15/2050 26,342

International Business Machines Corp. 4.70 02/19/2046 132,081

International Business Machines Corp. 269,284

Interpump Group SpA 41,334

Interstate Power & Light Co. 3.50 09/30/2049 33,047

Intertrust NV 56,770

Intuit, Inc. 125,418

ION Media Networks, Inc. 10,572

IPG Photonics Corp. 17,094

Iren SpA 29,250

iShares MSCI Europe Small-Cap ETF 179,400

iShares Russell 1000 Growth ETF 19,722

Italgas SpA 25,365

ITOCHU Corp. 40,780

JCR Pharmaceuticals Co., Ltd. 22,986

Jiangsu Hengrui Medicine Co., Ltd. 79,378

JM AB 17,472

Johnson Controls International PLC 36,875

JPMorgan Chase & Co. 2.96 05/13/2031 17,541


of 151





JPMorgan Chase & Co. 1,235,253

Juniper Networks, Inc. 66,885

K+S AG 50,272

Kakao Corp. 289,989

Kangwon Land, Inc. 28,040

Kansas City Southern 2.88 11/15/2029 34,378



Kansas City Southern 14,299

Kawasaki Heavy Industries, Ltd. 42,827

KB Financial Group, Inc. 106,118

KBC Ancora 47,568

KDDI Corp. 23,296

Kentucky Utilities Co. 3.30 06/01/2050 18,839

Keurig Dr Pepper, Inc. 3.80 05/01/2050 66,538



KeyCorp 47,246

Keyence Corp. 247,097

Keysight Technologies, Inc. 21,410

Kia Motors Corp. 69,994

Kimberly-Clark Corp. 3.20 07/30/2046 34,669

Kimberly-Clark Corp. 16,973

KLA Corp. 31,673

Koito Manufacturing Co., Ltd. 21,204

Komatsu, Ltd. 20,258

Korea Aerospace Industries, Ltd. 19,024

Korea Development Bank 3.00 01/13/2026 217,368

Korea East-West Power Co., Ltd. 1.75 05/06/2025 206,140

Korea Electric Power Corp. 2.50 06/24/2024 210,763

Korea Electric Power Corp. 43,960

Korea Investment Holdings Co., Ltd. 21,114

Korea National Oil Corp. 3.25 10/01/2025 215,661

Korea Shipbuilding & Offshore Engineering Co., Ltd. 29,888

Korea Zinc Co., Ltd. 28,445

Korian SA 24,702

Kroger Co. 3.95 01/15/2050 21,356

KT&G Corp. 83,861

Kubota Corp. 26,928

Kungsleden AB 48,369

Kurita Water Industries, Ltd. 11,101

Kusuri no Aoki Holdings Co., Ltd. 8,245

Kweichow Moutai Co., Ltd., Class A 210,648

L3Harris Technologies, Inc. 193,068

Laboratory Corp. of America Holdings 4.70 02/01/2045 57,916

Lacto Japan Co., Ltd. 17,844

Lam Research Corp. 56,650

Lao Feng Xiang Co., Ltd., Class A 160,716

Las Vegas Sands Corp. 23,011

LEG Immobilien AG 68,591

Lehman Brothers Holdings Capital Trust VII 0.00 11/30/2056 5

Lehman Brothers Holdings, Inc. 5.50 04/04/2016 493



Leidos Holdings, Inc. 90,023

Leidos, Inc. 4.38 05/15/2030 48,959

Leroy Seafood Group ASA 20,196

LG Chem, Ltd. 147,508

LG Corp. 52,247

LG Display Co., Ltd. 19,824

LG Electronics, Inc. 51,528

LG Household & Health Care, Ltd. 111,961

LG Innotek Co., Ltd. 17,094

LG Uplus Corp. 24,563

Liaoning Wellhope Agri-Tech JSC, Ltd., Class A 73,434

Liberty Mutual Group, Inc. 3.95 05/15/2060 14,162


Lifco AB 17,540

Life Storage, Inc. 1,755

Linde PLC 194,246

Lockheed Martin Corp. 1.85 06/15/2030 28,671

Lockheed Martin Corp. 132,070

Logitech International SA 88,692

of 151

LogMeIn, Inc. 85,409

LONGi Green Energy Technology Co., Ltd., Class A 34,139

Loomis AB, Series B 29,407

Lotte Chemical Corp. 29,407

Lowe's Cos., Inc. 4.05 05/03/2047 83,809

Lowe's Cos., Inc. 137,910

LPL Financial Holdings, Inc. 500

Lululemon Athletica, Inc. 42,013

Luxshare Precision Industry Co., Ltd., Class A 76,928

LYB International Finance III LLC 4.20 10/15/2049 31,888

LyondellBasell Industries NV, Class A 28,054

M&T Bank Corp. 56,422

Manulife Financial Corp. 4.06 02/24/2032 50,133

Marathon Oil Corp. 104,984

Marathon Petroleum Corp. 4.50 04/01/2048 45,676

Marathon Petroleum Corp. 26,355

MarketAxess Holdings, Inc. 21,869

Marriott International, Inc., Class A 32,745

Mars, Inc. 3.88 04/01/2039 119,457

Martin Marietta Materials, Inc. 2,497

Marvell Technology Group, Ltd. 26,487

Masmovil Ibercom SA 30,319

Mastercard, Inc. 3.80 11/21/2046 89,652

Mastercard, Inc. 3.85 03/26/2050 21,730

Mastercard, Inc., Class A 385,741

Maxim Integrated Products, Inc. 47,701

McDonald's Corp. 1.32 10/28/2021 54,928

McDonald's Corp. 3.63 09/01/2049 28,329

McDonald's Corp. 4.20 04/01/2050 29,743

McDonald's Corp. 4.45 03/01/2047 31,777

McDonald's Corp. 201,412

Meiko Electronics Co. 9,346

MercadoLibre, Inc. 42,584

Merck & Co., Inc. 10,736

Mettler-Toledo International, Inc. 795

Microchip Technology, Inc. 141,053

Micron Technology, Inc. 64,679

Microsoft Corp. 3.95 08/08/2056 176,792

Microsoft Corp. 2,014,651

Minebea Mitsumi, Inc. 21,103

Mirae Asset Daewoo Co., Ltd. 28,031

Mississippi Power Co. 4.25 03/15/2042 53,514

Mitsubishi Corp. 37,376

Mitsubishi Electric Corp. 87,020

Mitsubishi UFJ Financial Group, Inc. 2.19 02/25/2025 204,968


Mitsubishi UFJ Financial Group, Inc. 24,760

Mitsui Fudosan Co., Ltd. 50,101

Mitsui Sumitomo Insurance Co., Ltd. 4.95 12/31/2099 223,000

Mizuho Financial Group, Inc. 2.72 07/16/2023 205,210


Moody's Corp. 2,139

Morgan Stanley 3.62 04/01/2031 25,560

Morgan Stanley 3.97 07/22/2038 90,288

Morgan Stanley 219,983

Morinaga Milk Industry Co., Ltd. 33,646

MorphoSys AG 56,553

Motorola Solutions, Inc. 30,720

MS&AD Insurance Group Holdings, Inc. 44,101

Murata Manufacturing Co., Ltd. 27,947

Murphy Oil Corp. 124,400

Mylan, Inc. 5.20 04/15/2048 55,205

National Instruments Corp. 10,764

NAVER Corp. 405,578

NCC AB, Class B 17,832

NCSoft Corp. 100,396

NEC Corp. 22,464

NEL ASA 19,009

Nemetschek SE 68,385

Net One Systems Co., Ltd. 45,425

Netcompany Group A/S 20,893

Netflix, Inc. 233,370

Netmarble Corp. 21,419

New York Life Insurance Co. 3.75 05/15/2050 34,882

New York Life Insurance Co. 4.45 05/15/2069 90,635

Newcrest Finance Pty, Ltd. 4.20 05/13/2050 17,269

Newmont Corp. 81,273

of 151

Nexity SA 58,717

NextEra Energy, Inc. 130,336

NH Investment & Securities Co., Ltd. 19,235

Nibe Industrier AB, Class B 86,315

Nidec Corp. 49,238

Nihon Unisys, Ltd. 34,049

NIKE, Inc., Class B 171,529

Nippon Life Insurance Co. 3.40 01/23/2050 204,144

Nippon Telegraph & Telephone Corp. 81,509

NiSource, Inc. 3.95 03/30/2048 50,698

NiSource, Inc. 5.65 02/01/2045 54,956

Nitori Holdings Co., Ltd. 54,413

Noble Energy, Inc. 4.95 08/15/2047 23,297

Noble Energy, Inc. 5.25 11/15/2043 101,917

Noble Energy, Inc. 110,085

Nomura Research Institute, Ltd. 50,259

Nordic Entertainment Group AB, Class B 49,056

Norfolk Southern Corp. 4.10 05/15/2049 89,001

Norfolk Southern Corp. 62,402

Northern Trust Corp. 67,870

Northrop Grumman Corp. 95,197

Northwestern Mutual Life Insurance Co. 3.63 09/30/2059 80,290

NortonLifeLock, Inc. 102,237

NTT Data Corp. 53,225

Nuance Communications, Inc. 3,318

Nucor Corp. 2.70 06/01/2030 14,245

Nutrien, Ltd. 3.95 05/13/2050 46,973

NVIDIA Corp. 3.50 04/01/2050 26,209

NVIDIA Corp. 3.70 04/01/2060 52,038

NVIDIA Corp. 448,390

NVR, Inc. 16,108

NXP BV/NXP Funding LLC 3.40 05/01/2030 18,557

NXP Semiconductors NV 144,342

OBIC Co., Ltd. 69,399

OC Oerlikon Corp. AG 39,353

Occidental Petroleum Corp. 103,341

Oklahoma Gas & Electric Co. 3.85 08/15/2047 3,269

Omega Healthcare Investors, Inc. 218

Omnicom Group, Inc. 4.20 06/01/2030 31,421

Omron Corp. 92,919

ON Semiconductor Corp. 12,796

ONE Gas, Inc. 4.50 11/01/2048 88,470

ONEOK, Inc. 3.10 03/15/2030 39,650

ONEOK, Inc. 7.15 01/15/2051 21,284

Oracle Corp. 3.85 07/15/2036 88,066

Oracle Corp. 4.00 11/15/2047 56,353

Oracle Corp. 164,698

Oracle Corp. Japan 46,756

Orazul Energy Egenor SCA 5.63 04/28/2027 197,250

O'Reilly Automotive, Inc. 46,731

Orion Corp. 28,510

Orpea 47,862

Orsted A/S 137,747

Otis Worldwide Corp. 29,221

Otsuka Corp. 57,956

Otsuka Holdings Co., Ltd. 18,076

Owens Corning 4.30 07/15/2047 66,685

PACCAR, Inc. 32,498

PacifiCorp 3.30 03/15/2051 38,042

PacifiCorp 4.15 02/15/2050 90,482

Palo Alto Networks, Inc. 164,454

Pan Pacific International Holdings Corp. 42,334

Parker-Hannifin Corp. 4.00 06/14/2049 83,584

Parker-Hannifin Corp. 30,595

Parsley Energy, Inc., Class A 112,331

Paychex, Inc. 26,744

PayPal Holdings, Inc. 223,989

PDC Energy, Inc. 111,971

Peab AB 36,222

PECO Energy Co. 3.00 09/15/2049 37,318

Penske Truck Leasing Co. LP/PTL Finance Corp. 3.35 11/01/2029 67,172

Penta-Ocean Construction Co., Ltd. 18,277

People's United Financial, Inc. 20,621

PepsiCo, Inc. 2.88 10/15/2049 162,044

Perspecta, Inc. 29,021

Pertamina Persero PT 4.30 05/20/2023 207,992

Petrobras Global Finance BV 5.75 02/01/2029 200,710

of 151

Petro-Canada 5.95 05/15/2035 25,451

Petronas Capital, Ltd. 4.55 04/21/2050 241,737

Pfizer, Inc. 2.55 05/28/2040 39,513

Pfizer, Inc. 2.63 04/01/2030 9,834

Pfizer, Inc. 7,829

Phillips 66 42,260

Ping An Insurance Group Co of China, Ltd., Class A 106,022

Pioneer Natural Resources Co. 130,988

PNC Bank NA 1.35 01/22/2021 370,413

PNC Financial Services Group, Inc. 202,421

Pool Corp. 23,136

POSCO 108,728

PPG Industries, Inc. 40,668

Progressive Corp. 3.95 03/26/2050 17,595

Progressive Corp. 4.20 03/15/2048 133,288

Progressive Corp. 932

Prologis LP 3.00 04/15/2050 46,192

Prologis, Inc. 92,415

ProSiebenSat.1 Media SE 112,121

Prudential Financial, Inc. 3.00 03/10/2040 29,004




PSA Treasury Pte, Ltd. 2.13 09/05/2029 416,128

PTC, Inc. 16,498

PTTEP Treasury Center Co., Ltd. 3.90 12/06/2059 197,489

Public Service Co. of Colorado 2.70 01/15/2051 75,611


Public Service Electric & Gas Co. 3.20 08/01/2049 32,090

Public Service Enterprise Group, Inc. 6,074

Public Storage 56,159

Puget Sound Energy, Inc. 4.22 06/15/2048 88,489

PulteGroup, Inc. 9,512

QUALCOMM, Inc. 246,684

Rational AG 24,066

Raytheon Technologies Corp. 127,362

Realty Income Corp. 28,208

Recruit Holdings Co., Ltd. 17,251

Regeneron Pharmaceuticals, Inc. 1,838

Regions Financial Corp. 44,166

Reliance Steel & Aluminum Co. 9,021

RELX Capital, Inc. 3.00 05/22/2030 17,854

Renesas Electronics Corp. 50,448

ReNew Power Synthetic 6.67 03/12/2024 194,614

Rengo Co., Ltd. 31,644

Reply SpA 18,145

Republic Services, Inc. 27,347

ResMed, Inc. 9,488

Rheinmetall AG 59,657

RIB Software SE 5,891

Ringkjoebing Landbobank A/S 82,230

Rocket Internet SE 32,978

Rockwell Automation, Inc. 137,694

ROCKWOOL International A/S, Class B 39,588

Roper Technologies, Inc. 51,194

Ross Stores, Inc. 5.45 04/15/2050 56,251

Ross Stores, Inc. 48,480

Royal Caribbean Cruises, Ltd. 14,005

Royal Unibrew A/S 46,752

Rubis SCA 50,326

RWE AG 133,430

S&P Global, Inc. 31,202

Saab AB, Series B 6,231

Sabine Pass Liquefaction LLC 4.50 05/15/2030 15,354

SAIC Motor Corp., Ltd., Class A 122,333

Saipem SpA 25,711

salesforce.com, Inc. 573,836

Salmar ASA 23,593

Samsung Biologics Co, Ltd. 80,535

Samsung C&T Corp. 69,253

Samsung Electro-Mechanics Co., Ltd. 53,785

Samsung Electronics Co., Ltd. 1,822,455

Samsung Electronics Co., Ltd. (Preference Shares) 260,371

Samsung Engineering Co., Ltd. 17,310

Samsung Fire & Marine Insurance Co., Ltd. 49,629

Samsung Heavy Industries Co., Ltd. 20,461

Samsung Life Insurance Co., Ltd. 32,686

of 151

Samsung SDI Co., Ltd. 150,976

Samsung SDS Co., Ltd. 56,613

Samsung Securities Co. Ltd. 20,334

Sankyu, Inc. 24,500

Santen Pharmaceutical Co., Ltd. 44,340

Saudi Arabian Oil Co. 3.50 04/16/2029 212,425

SBA Communications Corp. 53,716

SBM Offshore NV 30,364

Schlumberger, Ltd. 31,768

Schneider Electric SE 126,199

Scout24 AG 96,205

SDIC Power Holdings Co., Ltd., Class A 43,463

ServiceNow, Inc. 508,964

Seven & i Holdings Co., Ltd. 23,962

SFS Group AG 20,089

Shell International Finance BV 3.63 08/21/2042 10,075

Shell International Finance BV 4.00 05/10/2046 156,047

Shenzhen Inovance Technology Co., Ltd., Class A 59,699

Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Class A 50,812

Sherwin-Williams Co. 83,139

Shimadzu Corp. 27,081

Shimano, Inc. 18,389

Shin-Etsu Chemical Co., Ltd. 35,202

Shinhan Financial Group Co., Ltd. 110,502

Shinsegae, Inc. 16,875

Shopify, Inc., Class A 309,940

Siegfried Holding AG 45,329

Siemens AG 115,594

Siemens Financieringsmaatschappij NV 3.30 09/15/2046 275,866

Siemens Gamesa Renewable Energy SA 137,091

SIG Combibloc Group AG 34,038

Signify NV 34,186

Siltronic AG 34,716

SimCorp A/S 66,964

Simon Property Group LP 3.25 09/13/2049 107,033

Simon Property Group, Inc. 37,159

SINA Corp. 73,923

Sinopec Group Overseas Development 2017, Ltd. 4.25 04/12/2047 232,935

Sirius XM Holdings, Inc. 16,517

SK Holdings Co., Ltd. 69,722

SK Hynix, Inc. 333,640

SK Innovation Co., Ltd. 52,651

SK Telecom Co., Ltd. 41,753

Smithfield Foods, Inc. 5.20 04/01/2029 21,016

Societe BIC SA 21,528

Sofina SA 47,978

SoftBank Group Corp. 35,932

Software AG 21,503

S-Oil Corp. 27,317

SOITEC 19,313

Sonoco Products Co 3.13 05/01/2030 39,579

Sony Corp. 31,929

Sopra Steria Group 54,341

Southern California Edison Co. 3.65 02/01/2050 70,565

Southern Copper Corp. 3.88 04/23/2025 37,298

Splunk, Inc. 116,893

Square, Inc., Class A 32,432

SSAB AB, Class B 35,211

SSE PLC 118,918

Stadler Rail AG 15,122

Stanley Black & Decker, Inc. 4.85 11/15/2048 41,182


Stanley Black & Decker, Inc. 25,090

Starbucks Corp. 131,023

State Grid Overseas Investment 2016, Ltd. 4.25 05/02/2028 231,265

State Street Corp. 89,733

State Street Institutional U.S. Government Money Market Fund, Premier Class 18,596,370

Steel Dynamics, Inc. 3.45 04/15/2030 55,326

STMicroelectronics NV 58,664

Storebrand ASA 72,388

Stroeer SE & Co. KGaA 40,505

Sumitomo Bakelite Co., Ltd. 5,634

Sumitomo Metal Mining Co., Ltd. 11,157

Sumitomo Mitsui Banking Corp. 1.55 10/16/2020 375,533

Sumitomo Mitsui Financial Group, Inc. 2.35 01/15/2025 206,557

Sumitomo Mitsui Financial Group, Inc. 37,663

Sun Hung Kai Properties Capital Market, Ltd. 3.75 02/25/2029 216,961

of 151

Sunoco Logistics Partners Operations LP 5.35 05/15/2045 29,539

Sunrise Communications Group AG 49,483

Suzhou Gold Mantis Construction Decoration Co., Ltd., Class A 101,328

Suzuki Motor Corp. 24,365

SVB Financial Group 44,883

Svenska Cellulosa AB SCA, Class B 80,624

Sweco AB, Class B 69,955

Swedish Orphan Biovitrum AB 41,989

SYNNEX Corp. 5,972

Synopsys, Inc. 36,363

Sysco Corp. 6.60 04/01/2050 75,183

T. Rowe Price Group, Inc. 11,969

TAG Immobilien AG 45,877

Take-Two Interactive Software, Inc. 6,672

Target Corp. 3.63 04/15/2046 57,709

Target Corp. 88,567

TE Connectivity, Ltd. 32,500

Teachers Insurance & Annuity Association of America 4.27 05/15/2047 110,721

Tecan Group AG 84,447

TechnipFMC PLC 5,624

Teck Resources, Ltd. 6.13 10/01/2035 30,003


Telecom Italia Capital SA 7.72 06/04/2038 42,483

Telefonica Emisiones SAU 4.67 03/06/2038 171,478


Tengizchevroil Finance Co. International, Ltd. 4.00 08/15/2026 201,366

Teradyne, Inc. 43,228

Termocandelaria Power, Ltd. 7.88 01/30/2029 204,010

Terumo Corp. 19,654

Tesla, Inc. 161,990

Texas Instruments, Inc. 292,575

TGS NOPEC Geophysical Co. ASA 54,480

THK Co., Ltd. 39,063

Three Gorges Finance I Cayman Islands, Ltd. 2.30 10/16/2024 204,404

Thule Group AB 57,949

Time Warner Cable LLC 6.55 05/01/2037 40,872

TJX Cos., Inc. 92,330

TKH Group NV CVA 67,019

T-Mobile US, Inc. 43,017

T-Mobile USA, Inc. 3.88 04/15/2030 77,921

T-Mobile USA, Inc. 4.38 04/15/2040 20,984

Tokyo Century Corp. 13,066

Tokyu Corp. 20,621

Tomra Systems ASA 49,318

Topcon Corp. 5,272

Topdanmark A/S 21,270

Toronto-Dominion Bank 1.20 06/11/2021 143,161

Total Capital International SA 3.46 07/12/2049 45,376

Towa Corp. 7,285

Toyota Motor Corp. 75,292

Toyota Motor Credit Corp. 1.59 04/13/2021 190,019

Trane Technologies PLC 29,769

TransDigm Group, Inc. 25,489

Trend Micro, Inc. 132,016

Trimble, Inc. 4.90 06/15/2028 77,460

Trimble, Inc. 17,448

Truist Financial Corp. 199,568

Tullow Oil PLC 7.00 03/01/2025 112,500

Turkcell Iletisim Hizmetleri AS 5.80 04/11/2028 188,960

Twitter, Inc. 26,634

Tyler Technologies, Inc. 132,860

UniCredit SpA 5.86 06/19/2032 199,426

Union Pacific Corp. 152,874

Union Tool Co. 5,219

Unione di Banche Italiane SpA 29,317

Unipol Gruppo SpA 55,695

United Internet AG 72,317

United Mexican States 4.75 03/08/2044 42,804

United Parcel Service, Inc. 5.30 04/01/2050 45,280

United Parcel Service, Inc., Class B 99,710

United States Treasury Bills 0.25 06/04/2020 55,000




United States Treasury Bills 1.46 06/04/2020 1,229,990


United States Treasury Bonds 2.38 11/15/2049 236,079

of 151

UnitedHealth Group, Inc. 3.13 05/15/2060 29,428


UnitedHealth Group, Inc. 35,667

Universal Health Services, Inc., Class B 8,541

US Bancorp 204,648

Valero Energy Corp. 24,657

Valiant Holding AG 67,431

Valmet Oyj 38,090

VanEck Vectors Gold Miners ETF 3,637,920

VAT Group AG 90,715

Veeva Systems, Inc., Class A 222,810

Ventas, Inc. 20,970

VeriSign, Inc. 26,281

Verisk Analytics, Inc. 36,263

Verizon Communications, Inc. 3.15 03/22/2030 24,400





Verizon Communications, Inc. 312,721

Vertex Pharmaceuticals, Inc. 22,173

Vestas Wind Systems A/S 138,218

VF Corp. 26,367

Viacom, Inc. 4.38 03/15/2043 33,425

Viacom, Inc. 5.85 09/01/2043 70,526

ViacomCBS, Inc. 4.95 01/15/2031 17,628

ViacomCBS, Inc. 4.95 05/19/2050 40,122

Visa, Inc. 3.65 09/15/2047 47,133

Visa, Inc., Class A 494,543

Viscofan SA 81,001

VMware, Inc. 4.70 05/15/2030 46,973

VMware, Inc., Class A 254,408

Vodafone Group PLC 4.88 06/19/2049 26,106


Vontobel Holding AG 23,161

Voya Financial, Inc. 4.70 01/23/2048 30,030

Vulcan Materials Co. 3.50 06/01/2030 28,115

Wacoal Holdings Corp. 14,498

Walgreens Boots Alliance, Inc. 4.10 04/15/2050 95,227

Wallenstam AB 13,874

Walmart, Inc. 1.43 06/23/2021 105,209

Walt Disney Co. 1.83 09/01/2021 344,149

Walt Disney Co. 3.50 05/13/2040 63,771

Walt Disney Co. 3.80 05/13/2060 18,248

Walt Disney Co. 261,579

Wanhua Chemical Group Co., Ltd. 26,103

Warehouses De Pauw CVA 43,841

Waste Connections, Inc. 34,795

Waste Management, Inc. 64,050

Weifu High-Technology Group Co., Ltd., Class A 190,992

Wells Fargo & Co. 2.01 12/07/2020 215,778

Wells Fargo & Co. 3.07 04/30/2041 34,475

Wells Fargo & Co. 5.01 04/04/2051 169,894

Wells Fargo & Co. 5.61 01/15/2044 37,012

Wells Fargo & Co. 412,376

Welltower, Inc. 34,962

Weyerhaeuser Co. 25,036

Wienerberger AG 41,405

Wihlborgs Fastigheter AB 60,486

Williams Cos., Inc. 5.75 06/24/2044 39,643

Williams Partners LP 5.40 03/04/2044 94,723

Willis North America, Inc. 3.88 09/15/2049 65,218


Wirecard AG 42,486

Woodward, Inc. 7,338

Woori Financial Group, Inc. 47,486

Workday, Inc., Class A 249,465

Worldline SA 33,422

WPX Energy, Inc. 109,380

W-Scope Corp. 12,052

Wyeth 5.95 04/01/2037 20,346

Xilinx, Inc. 91,398

XPO Logistics, Inc. 5,280

Yamaha Corp. 14,611

Yaskawa Electric Corp. 17,993

Yokogawa Electric Corp. 25,975

Yum! Brands, Inc. 36,789

of 151

Yuzhou Properties Co., Ltd. 8.50 02/26/2024 196,000

Zebra Technologies Corp., Class A 52,003

Zenkoku Hosho Co., Ltd. 3,852

Zhejiang Dahua Technology Co., Ltd., Class A 210,176

Zhengzhou Yutong Bus Co., Ltd., Class A 242,413

Zhuzhou CRRC Times Electric Co., Ltd. 64,547

Zions Bancorp NA 22,606

Zoetis, Inc. 4,042

Futures Contracts

Description Expiration Month

Unrealized

Appreciation

(Depreciation) ($)

FTSE China A50 Index Short June 2020 (17,593)

MSCI Europe Long June 2020 52,189

Nasdaq 100 E-Mini Index Long June 2020 311,916

Russell 1000 E-mini Growth Index Short June 2020 (672,762)

Russell 2000 E-mini Index Long June 2020 256,188

U.S. Treasury 10 Year Ultra Bonds Short June 2020 (30,191)

U.S. Treasury Long Bonds Short June 2020 (64,268)

U.S. Treasury Ultra Long Bonds Short June 2020 4,590

Forward Foreign Currency Contracts

Description Settlement Date

Unrealized

Appreciation

(Depreciation) ($)

BOUGHT AUD/SOLD USD 6/17/2020 22,690

BOUGHT CAD/SOLD USD 6/17/2020 (439)

BOUGHT CAD/SOLD USD 6/17/2020 1,427

BOUGHT CAD/SOLD USD 6/17/2020 5,848

BOUGHT CHF/SOLD USD 6/17/2020 (36,357)

BOUGHT CNH/SOLD USD 6/17/2020 (345)

BOUGHT CNH/SOLD USD 6/17/2020 144

BOUGHT CNH/SOLD USD 6/17/2020 (43,743)

BOUGHT EUR/SOLD USD 6/17/2020 24,250

BOUGHT EUR/SOLD USD 6/17/2020 (155,900)

BOUGHT GBP/SOLD USD 6/17/2020 (3,334)

BOUGHT GBP/SOLD USD 6/17/2020 (32,564)

BOUGHT JPY/SOLD USD 6/17/2020 (182,043)


BOUGHT SEK/SOLD USD 6/17/2020 71,261

SOLD CAD/BOUGHT USD 6/17/2020 (7,102)

SOLD CNH/BOUGHT USD 6/17/2020 10,992

SOLD CNH/BOUGHT USD 6/17/2020 (5,072)

SOLD CNH/BOUGHT USD 6/17/2020 42,954

SOLD EUR/BOUGHT USD 6/17/2020 (33,721)

SOLD JPY/BOUGHT USD 6/17/2020 14,720

SOLD KRW/BOUGHT USD 6/17/2020 20,490

SOLD SEK/BOUGHT USD 6/17/2020 (44,029)

VALIC Company I - Blue Chip Growth Fund - (unaudited)

May 31, 2020



AbbVie, Inc. 189,417

Advanced Micro Devices, Inc. 3,873,600

Agilent Technologies, Inc. 163,323


Alexion Pharmaceuticals, Inc. 2,704,225

Alibaba Group Holding, Ltd. ADR 33,769,106

Alphabet, Inc., Class A 10,150,755

Alphabet, Inc., Class C 45,846,898



Amgen, Inc. 85,219

ANT International Co., Ltd., Class C 1,921,023

Anthem, Inc. 7,543,039

Apple, Inc. 27,601,961

Applied Materials, Inc. 3,246,586

Aptiv PLC 258,601

Atlassian Corp. PLC, Class A 2,858,623


of 151

Becton Dickinson and Co. 6,237,946

Biogen, Inc. 92,127

Boeing Co. 149,788

Booking Holdings, Inc. 7,016,718

Canadian Pacific Railway, Ltd. 1,823,693

Centene Corp. 6,791,619

Charles Schwab Corp. 1,249,991

Chipotle Mexican Grill, Inc. 2,308,993

Chubb, Ltd. 1,074,901

Cigna Corp. 15,806,911

Cintas Corp. 803,390

Citrix Systems, Inc. 681,352

Constellation Brands, Inc., Class A 412,235

CoStar Group, Inc. 4,392,022

Coupa Software, Inc. 318,514

Danaher Corp. 10,783,666

DocuSign, Inc. 3,501,186

Dollar General Corp. 10,578,438


Electronic Arts, Inc. 1,271,808

Equifax, Inc. 2,994,420

Etsy, Inc. 64,784

Exact Sciences Corp. 1,618,409

Facebook, Inc., Class A 55,546,135

Ferrari NV 58,542

Fidelity National Information Services, Inc. 13,923,261

Fiserv, Inc. 11,833,960

FleetCor Technologies, Inc. 1,716,038



Global Payments, Inc. 16,137,766

Goldman Sachs Group, Inc. 3,125,173

HCA Healthcare, Inc. 3,186,903

Hilton Worldwide Holdings, Inc. 2,015,902


Humana, Inc. 2,053,250

IAC/InterActiveCorp 5,233,552


Incyte Corp. 2,838,397

Intercontinental Exchange, Inc. 4,806,776

Intuit, Inc. 16,761,916

Intuitive Surgical, Inc. 11,284,484

JPMorgan Chase & Co. 106,944

Kansas City Southern 1,508,662

KLA Corp. 371,803

L3Harris Technologies, Inc. 2,240,621

Lam Research Corp. 2,293,081

Linde PLC 2,541,390

Lululemon Athletica, Inc. 5,516,046

Marriott International, Inc., Class A 2,582,342

Marsh & McLennan Cos., Inc. 2,993,087

Marvell Technology Group, Ltd. 4,596,191

Mastercard, Inc., Class A 24,253,840

Match Group, Inc. 77,732




Morgan Stanley 3,455,556


MSCI, Inc. 1,118,090

Netflix, Inc. 18,457,207


NIKE, Inc., Class B 1,327,774

Norfolk Southern Corp. 1,384,778

Northrop Grumman Corp. 1,361,582

NVIDIA Corp. 9,295,489

Paycom Software, Inc. 1,705,209

PayPal Holdings, Inc. 18,161,437


QUALCOMM, Inc. 1,276,125


Restaurant Brands International, Inc. 179,993

Roper Technologies, Inc. 5,313,543

Ross Stores, Inc. 5,990,092

S&P Global, Inc. 6,402,894

salesforce.com, Inc. 15,675,692

Sea, Ltd. ADR 1,348,620

of 151

Seattle Genetics, Inc. 640,631

Sempra Energy 592,520

ServiceNow, Inc. 20,286,411

Sherwin-Williams Co. 1,551,730

Snap, Inc., Class A 888,286

Splunk, Inc. 7,480,989

Spotify Technology SA 2,912,973

State Street Corp. 377,708

State Street Institutional U.S. Government Money Market Fund, Premier Class 500,000

Stryker Corp. 12,237,040

Synopsys, Inc. 4,916,772

T. Rowe Price Government Reserve Fund 1,587,560

TD Ameritrade Holding Corp. 973,791

Teleflex, Inc. 86,724

Tencent Holdings, Ltd. 20,766,240

Texas Instruments, Inc. 1,255,201

Thermo Fisher Scientific, Inc. 9,459,906

TJX Cos., Inc. 1,445,413

Trip.com Group, Ltd . ADR 273,644

Twilio, Inc., Class A 177,840

Union Pacific Corp. 2,425,091

United Airlines Holdings, Inc. 12,646

UnitedHealth Group, Inc. 17,514,547

Veeva Systems, Inc., Class A 1,378,881

Vertex Pharmaceuticals, Inc. 15,973,429

Visa, Inc., Class A 29,197,947

VMware, Inc., Class A 2,948,502

Willis Towers Watson PLC 7,553,764

Wix.com, Ltd. 1,845,339

Workday, Inc., Class A 8,015,341

Wynn Resorts, Ltd. 353,190

Yum! Brands, Inc. 1,413,337

Zoetis, Inc. 2,497,032

VALIC Company I - Capital Conservation Fund - (unaudited)

May 31, 2020


ABB Finance USA, Inc. 3.38 04/03/2023 280,062

AbbVie, Inc. 4.05 11/21/2039 202,134

AbbVie, Inc. 4.25 11/21/2049 377,963

Advance Auto Parts, Inc. 3.90 04/15/2030 177,284

AEP Texas, Inc. 4.15 05/01/2049 107,568

African Development Bank 0.75 04/03/2023 314,344

Air Products and Chemicals, Inc. 2.70 05/15/2040 195,118


Alimentation Couche-Tard, Inc. 3.80 01/25/2050 173,547

Amazon.com, Inc. 4.80 12/05/2034 159,833



American Express Credit Account Master Trust 2.99 12/15/2023 128,088

American Water Capital Corp. 3.45 05/01/2050 115,383

Ameriprise Financial, Inc. 3.00 03/22/2022 199,331

Amgen, Inc. 3.15 02/21/2040 938,255

Amgen, Inc. 3.38 02/21/2050 170,810

Analog Devices, Inc. 2.95 04/01/2025 170,425

Anglo American Capital PLC 5.38 04/01/2025 219,598

Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc. 4.90 02/01/2046 575,405

Anheuser-Busch InBev Worldwide, Inc. 4.60 04/15/2048 406,535

Apache Corp. 5.10 09/01/2040 307,058

Appalachian Power Co. 3.70 05/01/2050 253,175

Apple, Inc. 2.05 09/11/2026 178,409

Archer-Daniels-Midland Co. 2.75 03/27/2025 113,153

Arrow Electronics, Inc. 4.00 04/01/2025 133,259

Assurant, Inc. 6.75 02/15/2034 33,875

AT&T, Inc. 4.50 05/15/2035 849,482

AT&T, Inc. 4.50 03/09/2048 212,009

AT&T, Inc. 4.85 07/15/2045 154,869

AT&T, Inc. 4.90 08/15/2037 410,912

Athene Holding, Ltd. 6.15 04/03/2030 179,473

Australia & New Zealand Banking Group, Ltd. 2.95 07/22/2030 200,919

AutoNation, Inc. 4.75 06/01/2030 101,042

Avangrid, Inc. 3.20 04/15/2025 597,016

Avery Dennison Corp. 2.65 04/30/2030 108,776

BA Credit Card Trust 1.74 01/15/2025 102,710

BA Credit Card Trust 3.00 09/15/2023 267,853

of 151

BAE Systems Holdings, Inc. 3.85 12/15/2025 386,405

BAE Systems PLC 3.40 04/15/2030 223,624

Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc. 4.49 05/01/2030 99,356

Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santander 5.38 04/17/2025 244,758

Banco Santander SA 2.71 06/27/2024 206,874

BANK 3.93 02/15/2052 428,325








Bank of Montreal 2.05 11/01/2022 539,919

BankUnited, Inc. 4.88 11/17/2025 759,217

Barclays Bank PLC 1.70 05/12/2022 209,607

Baxter International, Inc. 3.75 10/01/2025 565,293

Becton Dickinson and Co. 2.82 05/20/2030 194,922

Benchmark Mtg. Trust 3.57 01/15/2051 193,993

Benchmark Mtg. Trust 3.93 03/15/2052 556,647

Berkshire Hathaway Energy Co. 4.25 10/15/2050 131,993

Biogen, Inc. 3.15 05/01/2050 135,702

Black Hills Corp. 3.88 10/15/2049 111,596

BMW US Capital LLC 3.10 04/12/2021 195,492

BNP Paribas SA 3.05 01/13/2031 408,891

BNP Paribas SA 4.71 01/10/2025 463,513



BP Capital Markets PLC 3.51 03/17/2025 595,518

Braskem Netherlands Finance BV 4.50 01/10/2028 189,668






Broadcom, Inc. 4.15 11/15/2030 185,341

Broadcom, Inc. 5.00 04/15/2030 114,232

BX Commercial Mtg. Trust 1.18 04/15/2034 91,974

Campbell Soup Co. 3.13 04/24/2050 196,351

Canadian Imperial Bank of Commerce 2.25 01/28/2025 368,165

Canadian Pacific Railway Co. 6.13 09/15/2115 165,488

Capital One Prime Auto Receivables Trust 1.92 05/15/2024 204,233


Carlisle Cos., Inc. 2.75 03/01/2030 139,197

CarMax Auto Owner Trust 2.18 08/15/2024 235,999

CarMax Auto Owner Trust 3.36 09/15/2023 257,968



Caterpillar Financial Services Corp. 1.45 05/15/2025 259,120





Chase Mtg. Finance Corp. 3.75 12/25/2045 192,655


Chevron Corp. 1.55 05/11/2025 458,941

Chevron Phillips Chemical Co. LLC/Chevron Phillips Chemical Co. LP 3.30 05/01/2023 171,953

Cigna Corp. 4.80 08/15/2038 125,069

Cigna Corp. 4.90 12/15/2048 150,927

Citigroup, Inc. 3.67 07/24/2028 196,196

Citigroup, Inc. 4.41 03/31/2031 270,103

Citigroup, Inc. 4.45 09/29/2027 248,279

Citigroup, Inc. 4.75 05/18/2046 138,114

Citigroup, Inc. 5.88 02/22/2033 194,139

Citigroup, Inc. 6.00 10/31/2033 375,002

Citizens Financial Group, Inc. 2.50 02/06/2030 58,440




CMS Energy Corp. 4.75 06/01/2050 163,730

CNH Industrial Capital LLC 4.20 01/15/2024 281,078

CNH Industrial NV 3.85 11/15/2027 76,598

Coca-Cola Co. 2.75 06/01/2060 248,886

Coca-Cola Co. 2.95 03/25/2025 261,442

Colonial Enterprises, Inc. 3.25 05/15/2030 93,098

Columbia Property Trust Operating Partnership LP 4.15 04/01/2025 290,746

Comcast Corp. 3.30 02/01/2027 267,472

of 151

Comcast Corp. 3.75 04/01/2040 114,133

Comcast Corp. 3.90 03/01/2038 82,872

Comcast Corp. 4.60 10/15/2038 320,877

COMM Mtg. Trust 3.83 02/10/2036 129,820




Consolidated Edison Co. of New York, Inc. 3.95 04/01/2050 63,346

Constellation Brands, Inc. 3.75 05/01/2050 163,553

Corning, Inc. 5.45 11/15/2079 475,535

Credit Suisse AG 2.10 11/12/2021 355,893

Credit Suisse Group AG 2.59 09/11/2025 261,946

Credit Suisse Group AG 4.19 04/01/2031 277,150


CSAIL Commercial Mtg. Trust 2.99 06/15/2050 1,797,892

CVS Health Corp 4.25 04/01/2050 136,235

CVS Health Corp. 4.78 03/25/2038 470,001

CVS Health Corp. 5.05 03/25/2048 152,628

Daimler Finance North America LLC 2.00 07/06/2021 255,871

Danske Bank A/S 3.24 12/20/2025 204,313

Danske Bank A/S 3.88 09/12/2023 248,688

Darden Restaurants, Inc. 4.55 02/15/2048 189,575

DBS Group Holdings, Ltd. 2.85 04/16/2022 237,736



DENTSPLY SIRONA, Inc. 3.25 06/01/2030 141,344

Deutsche Bank AG 4.25 02/04/2021 183,785

Deutsche Telekom AG 3.63 01/21/2050 162,400

DH Europe Finance II SARL 3.25 11/15/2039 235,636

Diageo Capital PLC 2.13 04/29/2032 235,774

Diamondback Energy, Inc. 4.75 05/31/2025 136,142

Discover Bank 2.70 02/06/2030 235,717

Discovery Communications LLC 5.30 05/15/2049 210,122

Dominion Energy South Carolina, Inc. 5.10 06/01/2065 344,695



Domtar Corp. 6.75 02/15/2044 374,152

DTE Electric Co. 3.95 03/01/2049 448,786

Duke Energy Ohio, Inc. 2.13 06/01/2030 104,743

Ecolab, Inc. 2.38 08/10/2022 252,309

Electricite de France SA 5.00 09/21/2048 499,120

Emera US Finance LP 4.75 06/15/2046 231,470

Enable Midstream Partners LP 4.95 05/15/2028 134,894

Enel Finance International NV 4.75 05/25/2047 302,160




Engie Energia Chile SA 3.40 01/28/2030 210,643

EnLink Midstream Partners LP 5.05 04/01/2045 16,282

Enstar Group, Ltd. 4.95 06/01/2029 403,362

Entergy Corp. 3.75 06/15/2050 113,394

Entergy Louisiana LLC 180,332

Entergy Texas, Inc. 4.50 03/30/2039 495,908





Equinor ASA 1.75 01/22/2026 134,842

Equinor ASA 3.70 04/06/2050 155,341

Essential Utilities, Inc. 3.35 04/15/2050 132,459

European Bank for Reconstruction & Development 1.50 02/13/2025 396,805

Exelon Corp. 4.70 04/15/2050 198,391

Exelon Generation Co. LLC 3.25 06/01/2025 204,967

Federal Home Loan Bank 2.13 09/14/2029 1,085,719

Federal Home Loan Bank 5.50 07/15/2036 390,233

Federal Home Loan Mtg. Corp. 2.50 01/01/2028 156,353











Federal Home Loan Mtg. Corp. 3.00 08/01/2046 2,068,891

of 151

























Federal Home Loan Mtg. Corp. 5.00 10/01/2033 355









Federal Home Loan Mtg. Corp. REMIC 3.00 09/15/2045 585,460



Federal Home Loan Mtg. Corp. Structured Agency Credit Risk 2.34 10/25/2027 81,825



Federal National Mtg. Assoc. 2.50 04/01/2028 223,747


Federal National Mtg. Assoc. 2.50 04/01/2035 1,835,946




































of 151


















































Federal National Mtg. Assoc. 6.00 12/01/2020 10





Federal National Mtg. Assoc. REMIC 3.00 12/25/2047 249,432


Federal National Mtg. Assoc. REMIC 3.00 05/25/2048 1,169,890

First Horizon Bank 5.75 05/01/2030 254,278

First Niagara Financial Group, Inc. 7.25 12/15/2021 334,671

FirstEnergy Corp. 7.38 11/15/2031 669,652

Fiserv, Inc. 4.40 07/01/2049 136,105

Ford Credit Auto Owner Trust 1.73 03/15/2022 125,326

GATX Corp. 4.00 06/30/2030 172,927

GATX Corp. 4.35 02/15/2024 334,260

GE Capital Funding LLC 3.45 05/15/2025 390,599

GE Capital International Funding Co. ULC 4.42 11/15/2035 444,632

General Electric Co. 4.35 05/01/2050 83,989

General Motors Co. 6.80 10/01/2027 218,105




GlaxoSmithKline Capital PLC 3.13 05/14/2021 6,159

GlaxoSmithKline Capital, Inc. 3.38 05/15/2023 194,871

GM Financial Consumer Automobile Receivables Trust 2.13 03/16/2023 202,126

GM Financial Consumer Automobile Receivables Trust 2.18 04/16/2024 76,753



of 151



Government National Mtg. Assoc. 2.50 05/20/2050 3,159,718

Government National Mtg. Assoc. 3.00 02/20/2045 411,364
















Government National Mtg. Assoc. REMIC 1.00 10/16/2043 206,830

Halliburton Co. 2.92 03/01/2030 184,896

Hanwha Energy USA Holdings Corp. 2.38 07/30/2022 365,068

HCA, Inc. 5.25 06/15/2026 178,597



Home Depot, Inc. 3.35 04/15/2050 120,071

Honda Auto Receivables Owner Trust 1.09 10/15/2026 100,972

Honda Auto Receivables Owner Trust 2.83 03/20/2023 23,661




Humana, Inc. 4.88 04/01/2030 447,108

Huntington Ingalls Industries, Inc. 4.20 05/01/2030 216,637

Huntsman International LLC 4.50 05/01/2029 251,016

Hyundai Capital America 3.40 06/20/2024 164,828

IBM Credit LLC 3.00 02/06/2023 668,557

Illinois Tool Works, Inc. 3.50 03/01/2024 197,185

ILPT Trust 4.15 02/11/2041 450,961

ING Groep NV 4.63 01/06/2026 253,406

Intel Corp. 3.90 03/25/2030 201,088

Intercontinental Exchange, Inc. 3.00 06/15/2050 140,827

International Bank for Reconstruction & Development 3.13 11/20/2025 267,449

International Finance Corp. 0.50 03/20/2023 457,084

Interpublic Group of Cos., Inc. 4.20 04/15/2024 95,271

Interstate Power & Light Co. 3.50 09/30/2049 147,110

ITC Holdings Corp. 2.95 05/14/2030 175,573

Jackson Park Trust 2.77 10/14/2039 207,942

JB Hunt Transport Services, Inc. 3.88 03/01/2026 151,885

John Deere Capital Corp. 2.95 04/01/2022 367,353



JP Morgan Mtg. Trust 3.00 12/25/2048 475,563










Kentucky Utilities Co. 3.30 06/01/2050 106,752



Kimberly-Clark Corp. 3.10 03/26/2030 4,572

Kirby Corp. 4.20 03/01/2028 169,668

Kohl's Corp. 5.55 07/17/2045 180,268

Kohl's Corp. 9.50 05/15/2025 115,085

Kommunalbanken AS 1.75 09/15/2020 395,436

Kraft Heinz Foods Co. 3.95 07/15/2025 102,793

Kraft Heinz Foods Co. 4.88 02/15/2025 136,238

Kroger Co. 3.95 01/15/2050 107,904

Laboratory Corp. of America Holdings 3.25 09/01/2024 289,440

Lear Corp. 5.25 05/15/2049 115,246

Lehman Brothers Holdings Capital Trust VII 0.00 11/30/2056 8



of 151


Leidos, Inc. 3.63 05/15/2025 156,648

Leidos, Inc. 4.38 05/15/2030 249,247




Lowe's Cos, Inc. 5.13 04/15/2050 337,044

Lowe's Cos., Inc. 4.05 05/03/2047 37,886

Lubrizol Corp. 6.50 10/01/2034 224,028

LYB International Finance III LLC 4.20 10/15/2049 113,733

Manulife Financial Corp. 4.06 02/24/2032 239,176

Marathon Oil Corp. 6.60 10/01/2037 98,392

Marathon Oil Corp. 6.80 03/15/2032 141,727

Marsh & McLennan Cos., Inc. 3.50 12/29/2020 120,983

Martin Marietta Materials, Inc. 3.50 12/15/2027 206,486

MassMutual Global Funding II 2.75 06/22/2024 213,350

Mastercard, Inc. 2.00 03/03/2025 271,598

McDonald's Corp. 3.63 09/01/2049 139,464

McDonald's Corp. 4.20 04/01/2050 161,799

McDonald's Corp. 4.45 03/01/2047 251,775

Mercedes-Benz Auto Lease Trust 3.25 10/15/2024 31,670

Mississippi Power Co. 4.25 03/15/2042 255,559



Morgan Stanley 3.62 04/01/2031 126,691

Morgan Stanley 3.63 01/20/2027 670,983

Morgan Stanley 5.00 11/24/2025 62,199

Morgan Stanley Bank of America Merrill Lynch Trust 2.98 07/15/2050 23,849

Morgan Stanley Capital Barclays Bank Trust 2.20 09/13/2031 33,814

MSDB Trust 3.32 07/11/2039 829,084

MTRO Commercial Mtg. Trust 1.08 12/15/2033 235,622

Mylan, Inc. 4.55 04/15/2028 202,206

National Australia Bank, Ltd. 3.93 08/02/2034 212,120

National Bank of Canada 2.15 10/07/2022 395,375

National Rural Utilities Cooperative Finance Corp. 2.85 01/27/2025 634,628

National Rural Utilities Cooperative Finance Corp. 4.75 04/30/2043 155,650

NatWest Markets PLC 3.63 09/29/2022 327,430

Nestle Holdings, Inc. 3.50 09/24/2025 332,373

New York Community Bancorp, Inc. 5.90 11/06/2028 439,775

New York Life Global Funding 1.95 09/28/2020 9,044


NiSource, Inc. 5.65 02/01/2045 175,590

Nissan Motor Acceptance Corp. 2.65 07/13/2022 110,830

Noble Energy, Inc. 4.95 08/15/2047 107,855

Noble Energy, Inc. 5.25 11/15/2043 185,224


Northrop Grumman Corp. 5.25 05/01/2050 428,285

NSTAR Electric Co. 3.95 04/01/2030 251,185

Nucor Corp. 2.70 06/01/2030 74,280

Nutrien, Ltd. 3.95 05/13/2050 257,808

NVIDIA Corp. 3.50 04/01/2050 139,024

NXP BV/NXP Funding LLC 3.40 05/01/2030 92,784

Occidental Petroleum Corp. 6.45 09/15/2036 46,860



One Bryant Park Trust 2.52 09/15/2054 275,770

ONEOK, Inc. 3.10 03/15/2030 184,732

ONEOK, Inc. 7.15 01/15/2051 108,783

Oracle Corp. 2.95 11/15/2024 580,284

Owens Corning 4.30 07/15/2047 346,761

PECO Energy Co. 3.00 09/15/2049 172,729




PepsiCo, Inc. 2.25 03/19/2025 269,083

PepsiCo, Inc. 2.88 10/15/2049 202,029

Petro-Canada 5.95 05/15/2035 119,158

Pfizer, Inc. 2.55 05/28/2040 203,644

Prologis LP 3.00 04/15/2050 194,811








Regions Financial Corp. 2.25 05/18/2025 227,133

of 151

Regions Financial Corp. 7.38 12/10/2037 434,088

RELX Capital, Inc. 3.00 05/22/2030 92,419

Republic of Italy 4.00 10/17/2049 197,069

Ross Stores, Inc. 5.45 04/15/2050 286,257

Royal Bank of Scotland Group PLC 2.36 05/22/2024 417,993


Sabine Pass Liquefaction LLC 4.50 05/15/2030 77,866

Sabra Health Care LP/Sabra Capital Corp. 3.90 10/15/2029 158,712

Sabra Health Care LP/Sabra Capital Corp. 4.80 06/01/2024 121,815

Santander Holdings USA, Inc. 3.45 06/02/2025 121,153

Schlumberger Holdings Corp. 4.00 12/21/2025 202,190

Shinhan Bank Co., Ltd. 4.00 04/23/2029 211,368

Shire Acquisitions Investments Ireland DAC 3.20 09/23/2026 438,627

Siemens Financieringsmaatschappij NV 3.25 05/27/2025 276,073

SK Telecom Co., Ltd. 3.75 04/16/2023 212,838




Sonoco Products Co 3.13 05/01/2030 340,988

Southern California Edison Co. 3.65 02/01/2050 122,171

Standard Chartered PLC 4.64 04/01/2031 223,041




Steel Dynamics, Inc. 3.45 04/15/2030 200,557

SunTrust Bank 3.20 04/01/2024 454,845

SunTrust Bank 3.50 08/02/2022 4,119

Synchrony Financial 4.50 07/23/2025 867,061

Synovus Bank 2.29 02/10/2023 246,945

Sysco Corp. 2.40 02/15/2030 185,807

Sysco Corp. 5.95 04/01/2030 218,136

Sysco Corp. 6.60 04/01/2050 121,848



Telecom Italia Capital SA 7.72 06/04/2038 190,567


Time Warner Cable LLC 6.55 05/01/2037 286,103

TJX Cos, Inc. 3.75 04/15/2027 246,292

T-Mobile USA, Inc. 3.88 04/15/2030 397,178

T-Mobile USA, Inc. 4.38 04/15/2040 109,338

Toll Brothers Finance Corp. 4.35 02/15/2028 139,740

Total Capital International SA 3.46 07/12/2049 100,476

Toyota Auto Loan Extended Note Trust 2.56 11/25/2031 103,535

Toyota Auto Receivables Owner Trust 3.13 02/15/2024 235,221

Transcontinental Gas Pipe Line Co. LLC 3.25 05/15/2030 168,233

Trimble, Inc. 4.75 12/01/2024 23,520

Trimble, Inc. 4.90 06/15/2028 363,297

Truist Bank 2.25 03/11/2030 246,701

UBS AG 1.75 04/21/2022 220,504

UBS Group Funding Switzerland AG 3.49 05/23/2023 208,270

UniCredit SpA 6.57 01/14/2022 392,873

UniCredit SpA 7.30 04/02/2034 218,330

Union Electric Co 2.95 06/15/2027 245,461





United States Treasury Bonds 2.38 11/15/2049 6,674,484














United States Treasury Notes 0.63 03/31/2027 605,672

United States Treasury Notes 1.38 10/15/2022 3,084,961





of 151



















Unum Group 4.50 03/15/2025 97,612

Valero Energy Corp. 2.85 04/15/2025 221,706






Verizon Owner Trust 3.20 09/20/2022 101,527

Viacom, Inc. 4.38 03/15/2043 551,995

ViacomCBS, Inc. 4.95 01/15/2031 87,036

ViacomCBS, Inc. 4.95 05/19/2050 223,242

VMware, Inc. 4.70 05/15/2030 237,049



Volkswagen Group of America Finance LLC 3.35 05/13/2025 470,805

Voya Financial, Inc. 4.70 01/23/2048 136,500

Vulcan Materials Co. 3.50 06/01/2030 142,656

Walgreens Boots Alliance, Inc. 4.10 04/15/2050 308,031

Walmart, Inc. 2.55 04/11/2023 308,695

Walt Disney Co. 3.50 05/13/2040 347,444

Wells Fargo & Co. 1.00 06/02/2028 412,551

Wells Fargo & Co. 3.07 04/30/2041 375,169

Wells Fargo & Co. 4.30 07/22/2027 970,511

Wells Fargo & Co. 5.01 04/04/2051 249,613

Wells Fargo & Co. 5.61 01/15/2044 178,449

Wells Fargo & Co. 5.95 12/15/2036 85,821

Williams Cos., Inc. 5.75 06/24/2044 399,925



World Financial Network Credit Card Master Trust 2.71 07/15/2026 97,040

Yara International ASA 3.15 06/04/2030 103,377

Zions Bancorp NA 3.25 10/29/2029 378,282

VALIC Company I - Core Equity Fund - (unaudited)

May 31, 2020


AES Corp. 2,184,164


Ally Financial, Inc. 1,852,285



Altria Group, Inc. 4,425,615



Apple, Inc. 13,642,487

Assured Guaranty, Ltd. 527,935

BAE Systems PLC 2,866,716

Bank of America Corp. 3,650,683

Berkshire Hathaway, Inc., Class B 2,915,462

Biogen, Inc. 3,419,754


BP PLC ADR 2,157,227

CDK Global, Inc. 2,591,983

Chevron Corp. 2,980,709

Cisco Systems, Inc. 5,816,108

Cognizant Technology Solutions Corp., Class A 3,844,832

Comcast Corp., Class A 5,850,583

of 151

ConocoPhillips 2,519,285

Corteva, Inc. 4,439,814

D.R. Horton, Inc. 1,623,110


Dollar Tree, Inc. 5,160,979

E*TRADE Financial Corp. 1,626,233



Fixed Income Clearing Corp. Repurchase Agreement 0.00 06/01/2020 3,725,000

Fortive Corp. 2,898,867

Fox Corp., Class A 2,543,974

General Motors Co. 2,562,120

Hubbell, Inc. 2,855,447


Koninklijke Philips NV 3,202,930

Laboratory Corp. of America Holdings 5,077,267

Lowe's Cos., Inc. 3,500,549



Novo Nordisk A/S ADR 2,358,740

O'Reilly Automotive, Inc. 2,937,787

Otis Worldwide Corp. 2,499,559

Pfizer, Inc. 4,784,787

Quanta Services, Inc. 4,552,250

Raymond James Financial, Inc. 1,622,676

Robert Half International, Inc. 2,355,858


Sanofi ADR 4,209,267

Skechers U.S.A., Inc., Class A 1,275,288

Sony Corp. ADR 287,729

Taiwan Semiconductor Manufacturing Co., Ltd. ADR 3,666,440

Unilever NV 4,297,644

United Rentals, Inc. 698,200


US Bancorp 2,221,398

Verizon Communications, Inc. 4,043,856


Walmart, Inc. 3,866,330

VALIC Company I - Dividend Value Fund - (unaudited)

May 31, 2020


3M Co. 12,178,854

AbbVie, Inc. 14,420,657

Alcon, Inc. 6,689,226

Allstate Corp. 4,531,342


American Express Co. 2,829,283

Amgen, Inc. 11,180,877

Anthem, Inc. 14,669,913

Arthur J. Gallagher & Co. 8,909,837

AstraZeneca PLC 10,872,402



Bayer AG 11,217,107


BP PLC 3,552,189

Bristol-Myers Squibb Co. 15,443,831

British American Tobacco PLC 1,629,333

Broadcom, Inc. 7,490,591

Cardinal Health, Inc. 15,427,065

Caterpillar, Inc. 12,543,854




Citigroup, Inc. 19,130,559

CME Group, Inc. 4,132,238



Conagra Brands, Inc. 2,269,943


Constellation Brands, Inc., Class A 11,151,239

Constellation Software, Inc. 835,509


CRH PLC 1,306,480

of 151

CVS Health Corp. 10,119,353


Dow, Inc. 12,545,811

DuPont de Nemours, Inc. 6,037,783

Edison International 5,199,102

Emerson Electric Co. 12,611,309

Enterprise Products Partners LP 9,623,822

Equinor ASA 8,224,737

Equitable Holdings, Inc. 5,069,348

Exxon Mobil Corp. 8,131,718

FedEx Corp. 2,663,946

Ferguson PLC 6,392,675

Fidelity National Financial, Inc. 1,187,956

FirstEnergy Corp. 13,358,344



Fox Corp., Class B 864,551

General Electric Co. 7,154,428


Gilead Sciences, Inc. 15,330,019

H&R Block, Inc. 8,696,979

Hanesbrands, Inc. 8,931,947

Hartford Financial Services Group, Inc. 4,237,286

Henkel AG & Co. KGaA (Preference Shares) 7,673,136

HP, Inc. 10,277,804

International Business Machines Corp. 11,429,224

Interpublic Group of Cos., Inc. 10,615,968



Kraft Heinz Co. 14,496,986

Lear Corp. 392,385

Lockheed Martin Corp. 4,112,803


LyondellBasell Industries NV, Class A 10,498,403

Marathon Petroleum Corp. 8,761,175

McKesson Corp. 5,312,748

Medtronic PLC 15,326,528

MetLife, Inc. 12,512,431



Motorola Solutions, Inc. 4,614,753

Nestle SA 6,938,117

NetApp, Inc. 11,337,033

Newell Brands, Inc. 3,390,465

NiSource, Inc. 1,181,491

Nucor Corp. 11,561,618

NXP Semiconductors NV 3,341,397

Omnicom Group, Inc. 8,895,157

Paychex, Inc. 10,385,841

Pentair PLC 1,715,076

PepsiCo, Inc. 2,402,761

Pfizer, Inc. 18,398,033

Philip Morris International, Inc. 12,528,054

Pioneer Natural Resources Co. 9,292,454

PPL Corp. 341,147

Prudential Financial, Inc. 4,645,884

Public Service Enterprise Group, Inc. 7,624,253

Quest Diagnostics, Inc. 1,358,328



Samsung Electronics Co., Ltd. GDR 8,763,846

Sanofi 15,274,462

Siemens AG 9,061,644

Sony Corp. 4,910,650

Steel Dynamics, Inc. 12,288,037







Wells Fargo & Co. 12,838,982

Williams Cos., Inc. 9,267,232


VALIC Company I - Dynamic Allocation Fund - (unaudited)

of 151

May 31, 2020


AB Government Money Market Portfolio, Class AB 5,675,635

Over the Counter Purchased Put Options 1,472,660














VALIC Co. I Blue Chip Growth Fund 7,207,773

VALIC Co. I Capital Conservation Fund 12,649,254

VALIC Co. I Dividend Value Fund 7,152,364

VALIC Co. I Emerging Economies Fund 1,115,760

VALIC Co. I Global Real Estate Fund 1,262,751

VALIC Co. I Government Securities Fund 8,708,171

VALIC Co. I Growth Fund 7,785,478

VALIC Co. I Inflation Protected Fund 2,674,986

VALIC Co. I International Equities Index Fund 4,629,005

VALIC Co. I International Government Bond Fund 715,475

VALIC Co. I International Growth Fund 5,402,806

VALIC Co. I International Socially Responsible Fund 705,278

VALIC Co. I International Value Fund 4,068,856

VALIC Co. I Large Cap Core Fund 7,602,607

VALIC Co. I Large Capital Growth Fund 6,027,507

VALIC Co. I Mid Cap Index Fund 3,079,507

VALIC Co. I Small Cap Aggressive Growth Fund 781,944

VALIC Co. I Small Cap Index Fund 1,345,697

VALIC Co. I Small Cap Special Values Fund 1,233,483

VALIC Co. I Stock Index Fund 22,279,503

VALIC Co. I Systematic Core Fund 3,444,090

VALIC Co. I Systematic Value Fund 6,470,770

VALIC Co. I Value Fund 7,200,509

VALIC Co. II Capital Appreciation Fund 5,730,049

VALIC Co. II Core Bond Fund 9,742,565

VALIC Co. II High Yield Bond Fund 1,419,911

VALIC Co. II International Opportunities Fund 101,434

VALIC Co. II Large Cap Value Fund 3,405,084

VALIC Co. II Mid Cap Growth Fund 2,175,431

VALIC Co. II Mid Cap Value Fund 1,915,781

VALIC Co. II Small Cap Growth Fund 458,902

VALIC Co. II Small Cap Value Fund 324,233

VALIC Co. II Strategic Bond Fund 2,538,235

VALIC Co. II U.S. Socially Responsible Fund 1,480,902

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-Mini Index Long June 2020 (436,075)

Over the Counter Purchased Put Options

Description Strike Price ($) Expiration Month

Unrealized

Appreciation

(Depreciation) ($)

Put - S&P 500 Index 2,300 October 2020 (787,386)

Put - S&P 500 Index 2,200 November 2020 (403,607)

Put - S&P 500 Index 2,500 December 2020 (41,305)

VALIC Company I - Emerging Economies Fund - (unaudited)

May 31, 2020


Absa Group, Ltd. 2,978,957


Anhui Conch Cement Co., Ltd. 8,226,238

Arca Continental SAB de CV 2,189,602

Atacadao SA 1,932,436

of 151

Banco do Brasil SA 6,867,253

Banco Macro SA ADR 642,230

Beijing Enterprises Holdings, Ltd. 1,650,423

BIM Birlesik Magazalar AS 4,314,847

Catcher Technology Co., Ltd. 2,813,331

CD Projekt SA 3,515,645

Charoen Pokphand Foods PCL 2,620,115

Cheil Worldwide, Inc. 1,347,117

China Construction Bank Corp. 17,272,693

China Lesso Group Holdings, Ltd. 1,923,418

China Merchants Bank Co., Ltd. 10,746,012

China Resources Cement Holdings, Ltd. 4,380,639

China Vanke Co., Ltd. 7,573,191

Chipbond Technology Corp. 1,650,290

Cia de Saneamento Basico do Estado de Sao Paulo 3,622,857

Cia Paranaense de Energia, Class B (Preference Shares) 4,237,505

Clicks Group, Ltd. 2,192,578

Construtora Tenda SA 1,488,930

Country Garden Holdings Co., Ltd. 7,672,607

Cyrela Brazil Realty SA Empreendimentos e Participacoes 1,156,286

Daelim Industrial Co., Ltd. 2,581,842

Dongfeng Motor Group Co., Ltd. 1,366,935

Doosan Bobcat, Inc. 1,389,110

Ecopetrol SA ADR 1,905,946

Elite Material Co., Ltd. 3,528,859

E-MART Inc. 1,976,100

Eregli Demir ve Celik Fabrikalari TAS 4,770,291

Exxaro Resources, Ltd. 1,806,084

F&F Co., Ltd. 1,402,642

Fibra Uno Administracion SA de CV 1,139,535

FLEXium Interconnect, Inc. 2,064,766

Ford Otomotiv Sanayi AS 1,175,768

Foschini Group, Ltd. 1,776,655

Geely Automobile Holdings, Ltd. 2,817,407

Globalwafers Co., Ltd. 4,280,788

Greendland Holdings Corp., Ltd., Class A 3,131,658

Grupo Aeroportuario del Centro Norte SAB de CV 1,796,818

Grupo Financiero Banorte SAB de CV, Class O 7,382,210

GS Engineering & Construction Corp. 1,513,717

GS Holdings Corp. 1,434,359

Hana Financial Group, Inc. 7,505,611

Hang Zhou Great Star Industrial Co., Ltd., Class A 2,050,157

Hangzhou Robam Appliances Co., Ltd. 4,258,019

HDFC Bank, Ltd. ADR 6,833,642

Housing Development Finance Corp., Ltd. 10,612,450

Hypera SA 2,529,713

Hyundai Glovis Co., Ltd. 2,730,640

Hyundai Mobis Co., Ltd. 7,288,760

Impala Platinum Holdings, Ltd. 2,381,679

Industrial & Commercial Bank of China, Ltd. 12,892,502

Industrial Bank of Korea 2,700,427

Infosys, Ltd. ADR 4,698,639

Inter RAO UES PJSC 2,273,609

International Games System Co., Ltd. 1,886,435

IRB Brasil Resseguros S/A 1,274,198

Itau Unibanco Holding SA ADR 6,218,609

ITC, Ltd. 4,286,107

ITEQ Corp. 2,390,843

JD.com, Inc. ADR 12,706,972

KEPCO Plant Service & Engineering Co., Ltd. 1,867,814

Kia Motors Corp. 6,769,418

Kimberly-Clark de Mexico SAB de CV, Class A 2,183,715

KOC Holding AS 1,603,270

Kotak Mahindra Bank, Ltd. 3,576,281

KT&G Corp. 6,946,123

Lenovo Group, Ltd. 1,771,472

LG Household & Health Care, Ltd. 3,921,945

Lite-On Technology Corp. 2,043,473

Livzon Pharmaceutical Group, Inc. 4,341,393

Lukoil PJSC ADR 11,817,443

Magnitogorsk Iron & Steel Works PJSC 1,159,272

Midea Group Co., Ltd. 4,206,585

Migros Ticaret AS 2,744,246

Minerva SA 2,160,647

MMC Norilsk Nickel PJSC ADR 7,876,768

Nanya Technology Corp. 3,908,370

Naspers, Ltd., Class N 5,996,914

of 151

Netcare, Ltd. 1,446,086

NetEase, Inc. ADR 11,572,387

Nine Dragons Paper Holdings, Ltd. 2,907,644

NongShim Co., Ltd. 2,003,432

Novatek Microelectronics Corp. 2,720,647

OPAP SA 1,848,543

Petrobras Distribuidora SA 2,256,277

Ping An Insurance Group Co. of China, Ltd. 10,985,578

Polski Koncern Naftowy Orlen SA 3,733,310

Poly Developments and Holdings Group Co., Ltd., Class A 4,317,413

Polyus PJSC GDR 365,315

Polyus PJSC GDR 7,996,919

Postal Savings Bank of China Co., Ltd. 5,778,933

Pou Chen Corp. 1,796,681

Powertech Technology, Inc. 2,364,749

Qualicorp Consultoria e Corretora de Seguros SA 2,419,006

Radiant Opto-Electronics Corp. 2,364,792

Raia Drogasil SA 2,307,873

Richter Gedeon Nyrt 3,449,573

RusHydro PJSC 2,301,300


Sany Heavy Industry Co., Ltd., Class A 1,969,163

Sberbank of Russia PJSC ADR 9,300,846

Severstal PJSC GDR 3,315,713

Shandong Weigao Group Medical Polymer Co., Ltd. 3,150,329

Shanghai Construction Group Co., Ltd., Class A 1,808,118

Shinhan Financial Group Co., Ltd. 6,748,918

Silicon Motion Technology Corp. ADR 2,417,915

Simplo Technology Co., Ltd. 2,143,010

SK Hynix, Inc. 14,019,937

Smiles Fidelidade SA 417,017

Suofeiya Home Collection Co., Ltd., Class A 4,548,981

Surgutneftegas OJSC (Preference Shares) 2,920,643


Tatneft PJSC ADR 4,713,551

Telkom SA SOC, Ltd. 908,615


Tingyi Cayman Islands Holding Corp. 3,925,128

United Microelectronics Corp. 2,007,084

Vale SA ADR 9,729,168

Vipshop Holdings, Ltd. ADR 4,313,568

Weichai Power Co., Ltd. 3,891,922

Woolworths Holdings, Ltd. 1,970,842

X5 Retail Group NV GDR 3,403,323

Xiamen C & D, Inc., Class A 2,206,069

Yangtze Optical Fibre and Cable Joint Stock Ltd., Co. 1,968,086

Yanzhou Coal Mining Co., Ltd. 1,724,560

YDUQS Part 3,743,234

YiChang HEC ChangJiang Pharmaceutical Co., Ltd. 1,915,472

Yum China Holdings, Inc. 8,963,732

Zhen Ding Technology Holding, Ltd. 2,289,169

Zhuzhou Kibing Group Co., Ltd., Class A 2,195,947

VALIC Company I - Global Real Estate Fund - (unaudited)

May 31, 2020


Activia Properties, Inc. 3,567,503

Aedas Homes SA 869,831

Agree Realty Corp. 2,909,954

Alexandria Real Estate Equities, Inc. 203,372

Allied Properties Real Estate Investment Trust 2,828,572

Alstria Office REIT-AG 2,515,767

American Assets Trust, Inc. 930,056

American Homes 4 Rent, Class A 1,592,215

American Tower Corp. 25,592,134

Americold Realty Trust 1,178,394

Apartment Investment & Management Co., Class A 3,944,979

Apple Hospitality REIT, Inc. 1,937,899

Ascendas India Trust 3,840,994

Ascendas Real Estate Investment Trust 1,174,798

AvalonBay Communities, Inc. 2,439,060

BGP Holdings PLC 0

Big Yellow Group PLC 3,342,053

Boston Properties, Inc. 2,113,388

Canadian Apartment Properties REIT 3,578,056

of 151

CapitaLand, Ltd. 1,282,586

CareTrust REIT, Inc. 893,253

Castellum AB 5,050,525

Cellnex Telecom SA 973,330

Centuria Industrial REIT 3,154,688

CK Asset Holdings, Ltd. 7,431,743

CoreSite Realty Corp. 2,137,418

Crown Castle International Corp. 17,858,329

CubeSmart 1,295,215

CyrusOne, Inc. 2,725,527

Dalata Hotel Group PLC 983,812

Derwent London PLC 4,437,147

Deutsche Wohnen AG 3,898,648

DiamondRock Hospitality Co. 1,463,866

Digital Realty Trust, Inc. 5,081,880

Duke Realty Corp. 2,352,019

Elite Commercial REIT 1,693,262

Entra ASA 3,076,761

Equinix, Inc. 8,344,352

Equity LifeStyle Properties, Inc. 2,561,465

Equity Residential 3,203,866

ESCON Japan Reit Investment Corp. 1,703,771

Essential Properties Realty Trust, Inc. 1,335,833

Extra Space Storage, Inc. 1,899,009

Federal Realty Investment Trust 1,964,747

Gaming and Leisure Properties, Inc. 3,712,670

Gecina SA 5,178,086

GLP J-REIT 4,388,416

Goodman Group 8,155,336

Healthcare Realty Trust, Inc. 1,866,161

Healthcare Trust of America, Inc., Class A 1,747,232

Healthpeak Properties, Inc. 5,093,630

Hibernia REIT PLC 1,336,308

Hudson Pacific Properties, Inc. 857,407

Ingenia Communities Group 3,391,399

Instone Real Estate Group AG 1,122,090

Invitation Homes, Inc. 6,786,189

Japan Rental Housing Investments, Inc. 2,674,846

Keppel DC REIT 2,971,044

Kilroy Realty Corp. 1,251,442

Kimco Realty Corp. 2,175,494

Klepierre SA 943,993

Kyoritsu Maintenance Co., Ltd. 1,532,807

Link REIT 6,962,646

Merlin Properties Socimi SA 1,903,306

Mid-America Apartment Communities, Inc. 3,147,887

Mirvac Group 1,043,466

Mitsubishi Estate Co., Ltd. 10,310,684

Mitsui Fudosan Co., Ltd. 4,541,868

Mitsui Fudosan Logistics Park, Inc. 2,761,261

National Retail Properties, Inc. 3,476,599

Nippon Prologis REIT, Inc. 5,274,316

Omega Healthcare Investors, Inc. 419,767

Pebblebrook Hotel Trust 1,775,513

Prologis, Inc. 7,686,641

PSP Swiss Property AG 4,622,534

QTS Realty Trust, Inc., Class A 1,895,075

Regency Centers Corp. 1,572,704

Retail Opportunity Investments Corp. 534,357

Rexford Industrial Realty, Inc. 854,506

RLJ Lodging Trust 1,771,103

Sankei Real Estate, Inc. 3,918,123


Segro PLC 5,205,003

STAG Industrial, Inc. 2,200,393

State Street Institutional U.S. Government Money Market Fund, Administration Class 4,307,473

Sumitomo Realty & Development Co., Ltd. 6,634,794

Summit Industrial Income REIT 4,596,141

Sun Communities, Inc. 2,312,886

Sun Hung Kai Properties, Ltd. 5,766,695

Sunstone Hotel Investors, Inc. 1,229,061

Swire Properties, Ltd. 2,234,764

Tritax Big Box REIT PLC 1,528,866

Tritax EuroBox PLC 748,448

Tritax EuroBox PLC 1,617,714

UDR, Inc. 6,372,024

Unibail-Rodamco-Westfield 67,246

of 151


UNITE Group PLC 4,106,891

Ventas, Inc. 6,343,145

VEREIT, Inc. 4,124,034

VICI Properties, Inc. 1,693,775

Vonovia SE 15,606,720

Warehouses De Pauw CVA 2,402,044

Weyerhaeuser Co. 4,522,075

VALIC Company I - Global Strategy Fund - (unaudited)

May 31, 2020


AbbVie, Inc. 1,788,531

ABC-Mart, Inc. 30,411

Abu Dhabi Commercial Bank PJSC 45,514

Accenture PLC, Class A 1,895,228

Accton Technology Corp. 32,222

Adaro Energy Tbk PT 19,838

adidas AG 387,842

Admiral Group PLC 129,566

Advanced Info Service PCL 143,191

Advantech Co., Ltd. 49,527

Advantest Corp. 123,654

Aena SME SA 118,360

AGL Energy, Ltd. 127,526

Agricultural Bank of China, Ltd. 207,271

Agricultural Bank of China, Ltd., Class A 23,663

AIB Group PLC 11,503

Air Canada 11,548


Airports of Thailand PCL 138,969

Aldar Properties PJSC 32,732

Algonquin Power & Utilities Corp. 64,414

Alrosa PJSC 213,739


Alumina, Ltd. 59,427

AMBEV SA 91,209

Amcor PLC 263,418

American Electric Power Co., Inc. 690,525


Amgen, Inc. 1,975,420

Anglo American PLC 375,738

AngloGold Ashanti, Ltd. 92,026

Anhui Conch Cement Co., Ltd. 180,962

Anhui Conch Cement Co., Ltd., Class A 28,662

ANTA Sports Products, Ltd. 179,516

Apple, Inc. 2,003,022


Aristocrat Leisure, Ltd. 81,519

Aroundtown SA 79,891

Asian Paints, Ltd. 52,421

Assicurazioni Generali SpA 180,321

Astellas Pharma, Inc. 622,185

ASX, Ltd. 134,594

AT&T, Inc. 1,564,602

Aurizon Holdings, Ltd. 121,722

Australia & New Zealand Banking Group, Ltd. 411,535

Auto Trader Group PLC 114,650

Azrieli Group, Ltd. 25,543

Bajaj Auto, Ltd. 53,738

Banco de Sabadell SA 27,412

Bandai Namco Holdings, Inc. 206,080

Bank of China, Ltd. 549,463

Bank of Communications Co., Ltd. 98,949

Bank of Communications Co., Ltd., Class A 19,108

Barratt Developments PLC 142,835

BCE, Inc. 112,228

Bendigo & Adelaide Bank, Ltd. 32,682

Berkeley Group Holdings PLC 128,606


Bharat Petroleum Corp., Ltd. 57,011

Bharti Infratel, Ltd. 21,689

BHP Group PLC 669,875

BHP Group, Ltd. 1,389,328

BIM Birlesik Magazalar AS 80,902

of 151


BlueScope Steel, Ltd. 71,873

BNK Financial Group, Inc. 22,895

Boliden AB 102,573


Boral, Ltd. 20,329

BorgWarner, Inc. 80,375

Brambles, Ltd. 217,697

Bridgestone Corp. 358,849


Britannia Industries, Ltd. 40,088

British American Tobacco PLC 772,628

British Land Co. PLC 83,914


Broadridge Financial Solutions, Inc. 205,870

BT Group PLC 240,890

Bumrungrad Hospital PCL 27,539

Burberry Group PLC 144,329




Cadence Design Systems, Inc. 292,128

Campbell Soup Co. 152,940

Canadian Apartment Properties REIT 20,455

Canadian Imperial Bank of Commerce 442,460

Canadian National Railway Co. 1,025,050

Canon, Inc. 324,039

CapitaLand Mall Trust 60,613

Capitec Bank Holdings, Ltd. 33,646

Capri Holdings, Ltd. 42,112

Carnival Corp. 110,180

Catcher Technology Co., Ltd. 72,696

Celanese Corp. 134,865

Centrica PLC 32,872

CGI, Inc. 172,529

Charoen Pokphand Indonesia Tbk PT 35,837


Chicony Electronics Co., Ltd. 28,663

China Cinda Asset Management Co., Ltd. 28,334

China CITIC Bank Corp., Ltd. 81,555

China Conch Venture Holdings, Ltd. 128,728

China Construction Bank Corp. 940,064

China Development Financial Holding Corp. 58,199

China Everbright Bank Co., Ltd. 22,750

China Medical System Holdings, Ltd. 28,643

China Minsheng Banking Corp., Ltd. 91,232

China Minsheng Banking Corp., Ltd., Class A 19,605

China Mobile, Ltd. 811,576

China Petroleum & Chemical Corp. 187,741

China Resources Cement Holdings, Ltd. 53,053

China Shenhua Energy Co., Ltd. 128,687

China Telecom Corp., Ltd. 57,297

China Yangtze Power Co., Ltd. 32,901

Chongqing Rural Commercial Bank Co., Ltd. 17,669

Chunghwa Telecom Co., Ltd. 239,276

Church & Dwight Co., Inc. 187,675

CI Financial Corp. 50,969

Cia Cervecerias Unidas SA 19,055

Cia de Saneamento Basico do Estado de Sao Paulo 58,022

Cie Generale des Etablissements Michelin SCA 277,954

Cielo SA 17,322

CIMIC Group, Ltd. 30,908



Clicks Group, Ltd. 56,728

Clorox Co. 536,250

CNOOC, Ltd. 253,348

Coal India, Ltd. 48,842

Coca-Cola Amatil, Ltd. 55,350

Cochlear, Ltd. 166,376


Coles Group, Ltd. 131,810

Coloplast A/S, Class B 464,991

Colruyt SA 64,239

ComfortDelGro Corp., Ltd. 43,276

Commercial International Bank Egypt SAE 68,902

Commonwealth Bank of Australia 934,524

of 151

Compass Group PLC 409,018

Constellation Software, Inc. 341,024

Copart, Inc. 294,987

Cosan SA 30,850

Country Garden Services Holdings Co., Ltd. 65,880

Covestro AG 132,206

Covivio 42,139

Coway Co, Ltd. 61,302

Crown Resorts, Ltd. 47,431

CSL, Ltd. 1,547,190


D.R. Horton, Inc. 243,320

Dabur India, Ltd. 56,974

Daelim Industrial Co., Ltd. 29,370

Daito Trust Construction Co., Ltd. 116,299

Daiwa House Industry Co., Ltd. 186,410

Dali Foods Group Co., Ltd. 24,477

Darden Restaurants, Inc. 176,778

DB Insurance Co., Ltd. 30,944

Delta Air Lines, Inc. 73,109

Deutsche Lufthansa AG 41,911

Dexus 117,105

DiGi.Com Bhd 73,163

Direct Line Insurance Group PLC 86,981


Dominion Energy, Inc. 790,593

Dongfeng Motor Group Co., Ltd. 36,705

Dow, Inc. 335,820

Dubai Islamic Bank PJSC 29,912

easyJet PLC 17,078

Eclat Textile Co., Ltd. 41,245

Ecopetrol SA 44,608

Eicher Motors, Ltd. 52,418

Electricity Generating PCL 29,500

Eli Lilly & Co. 2,263,660

Elisa Oyj 179,055

Emirates Telecommunications Group Co. PJSC 137,985

Empire Co., Ltd., Class A 47,526

EMS-Chemie Holding AG 112,053

Enagas SA 78,239

Endesa SA 144,771

Enel Americas SA 48,199

Enel Chile SA 37,738

Enel SpA 809,901

Engie Brasil Energia SA 33,379

Equinor ASA 127,451

Equity LifeStyle Properties, Inc. 112,140

Eregli Demir ve Celik Fabrikalari TAS 41,423

Erie Indemnity Co., Class A 36,048

Estee Lauder Cos., Inc., Class A 730,639

Evraz PLC 37,056

Expeditors International of Washington, Inc. 206,199

Extra Space Storage, Inc. 164,475

Exxaro Resources, Ltd. 41,435



FactSet Research Systems, Inc. 92,253

Far EasTone Telecommunications Co., Ltd. 58,213

Fastenal Co. 437,356


Federal Republic of Brazil 3.20-3.44 07/01/2020 2,286,977

Federative Republic of Brazil 10.00 01/01/2021 1,087,488

Federative Republic of Brazil 3.42-3.73 10/01/2020 2,831,692

Federative Republic of Brazil zero coupon 07/01/2021 1,971,389

Feng TAY Enterprise Co., Ltd. 36,232

Ferguson PLC 146,599

Ferrari NV 163,957

Fibra Uno Administracion SA de CV 45,029

First Capital Real Estate Investment Trust 27,571

Fisher & Paykel Healthcare Corp., Ltd. 210,828


Flight Centre Travel Group, Ltd. 9,759

Ford Otomotiv Sanayi AS 14,856

Formosa Chemicals & Fibre Corp. 134,479

Formosa Petrochemical Corp. 58,492

Formosa Plastics Corp. 199,303

Fortescue Metals Group, Ltd. 380,217

of 151

Foshan Haitian Flavouring & Food Co., Ltd., Class A 34,763

Fox Corp., Class A 113,763


Franco-Nevada Corp. 182,473

Fuyao Glass Industry Group Co., Ltd. 18,495

GAIL India, Ltd. 30,246

Galaxy Entertainment Group, Ltd. 211,472

Gap, Inc. 45,390

Garmin, Ltd. 198,374

Geberit AG 241,888

General Mills, Inc. 649,312


Gildan Activewear, Inc. 52,715


GlaxoSmithKline PLC 1,834,901

Globalwafers Co., Ltd. 24,117

Globe Telecom, Inc. 27,723

Goodman Group 251,466

Government of Japan -0.49 06/15/2020 6,298,285

Government of Japan -0.27 09/10/2020 693,845








Government of Japan (0.15)-(0.16) 08/11/2020 1,634,247

GPT Group 92,591

Great-West Lifeco, Inc. 50,479

Grupo Aeroportuario del Pacifico SAB de CV, Class B 44,597

Guangdong Investment, Ltd. 98,770

Guangzhou Automobile Group Co., Ltd. 44,573

Gudang Garam Tbk PT 26,049

H&R Real Estate Investment Trust 19,726

Haci Omer Sabanci Holding AS 17,056

Hana Financial Group, Inc. 148,700

Hanesbrands, Inc. 54,230

Hanjaya Mandala Sampoerna Tbk PT 29,977

Hankook Tire & Technology Co., Ltd. 24,449

Hapvida Participacoes e Investimentos SA 21,589

Hargreaves Lansdown PLC 128,068

Hartalega Holdings Bhd 68,727

Harvey Norman Holdings, Ltd. 29,889

HCL Technologies, Ltd. 147,181

HDFC Asset Management Co., Ltd. 17,668

HDFC Life Insurance Co., Ltd. 30,675

Healthpeak Properties, Inc. 147,840

Hennes & Mauritz AB, Class B 238,597

Hermes International 482,713

Hero MotoCorp, Ltd. 44,553

Hershey Co. 420,608

Hindustan Petroleum Corp., Ltd. 34,913

Hindustan Unilever, Ltd. 420,912

HKT Trust & HKT, Ltd. 101,301


Home Depot, Inc. 2,062,384

Home Product Center PCL 40,234

Hormel Foods Corp. 263,682

Hoya Corp. 675,811

Hydro One, Ltd. 81,386

Hypera SA 37,435

Hyundai Marine & Fire Insurance Co., Ltd. 22,927

Iberdrola SA 840,694

ICA Gruppen AB 35,089

ICICI Lombard General Insurance Co., Ltd. 27,350

ICL, Ltd. 33,558

IDEXX Laboratories, Inc. 185,328

IGM Financial, Inc. 26,125

Iida Group Holdings Co., Ltd. 35,677


Imperial Brands PLC 387,187

Indian Oil Corp., Ltd. 37,964

Indofood CBP Sukses Makmur Tbk PT 20,780

Industria de Diseno Textil SA 580,207

Industrial & Commercial Bank of China, Ltd. 514,506

Industrial Bank of Korea 38,008

of 151

Infosys, Ltd. 616,130

Ingredion, Inc. 75,807

Intel Corp. 1,875,314

Inter Pipeline, Ltd. 59,531

Inter RAO UES PJSC 156,272


Intertek Group PLC 179,653

Intesa Sanpaolo SpA 404,571

Intouch Holdings PCL 64,547

Intuit, Inc. 1,422,568

Invesco, Ltd. 26,301

IRB Brasil Resseguros S/A 16,176

Itau Unibanco Holding SA 257,761

Itausa - Investimentos Itau SA 158,229

ITC, Ltd. 160,733

ITOCHU Corp. 570,915

ITV PLC 82,478

Jack Henry & Associates, Inc. 198,946

Japan Airlines Co., Ltd. 47,228

Japan Post Bank Co., Ltd. 50,410

Japan Tobacco, Inc. 438,529

Jardine Matheson Holdings, Ltd. 132,766

Jazz Pharmaceuticals PLC 47,728

JB Hunt Transport Services, Inc. 143,604

Jeronimo Martins SGPS SA 69,183

Jiangsu Expressway Co., Ltd. 25,973

Johnson & Johnson 2,067,625

JUMBO SA 30,650

Kakaku.com, Inc. 70,244

Kangwon Land, Inc. 40,757

Kao Corp. 594,053

KB Financial Group, Inc. 215,322

KDDI Corp. 1,115,278

Kellogg Co. 228,585

Kerry Properties, Ltd. 36,897

Keyera Corp. 30,111

Kia Motors Corp. 90,615


Kimberly-Clark de Mexico SAB de CV, Class A 43,122

Kimco Realty Corp. 66,660

Kingboard Holdings, Ltd. 25,454

Kingboard Laminates Holdings, Ltd. 16,670

Kingdom of Norway 1.50 02/19/2026 276,722

Kingdom of Norway 1.75 03/13/2025 468,374

Kingdom of Norway 2.00 05/24/2023 1,443,369



Kingdom of Norway 1.15-1.16 09/16/2020 141,162

Kingdom of Norway 1.16-1.23 06/17/2020 234,303

Kingfisher PLC 83,031

Kirkland Lake Gold, Ltd. 146,414

KLA Corp. 527,880

Kohl's Corp. 61,504

Koninklijke Ahold Delhaize NV 511,768

Korea Zinc Co., Ltd. 43,738

Kroger Co. 430,584

KT&G Corp. 152,116

Kumba Iron Ore, Ltd. 44,882

Kweichow Moutai Co., Ltd., Class A 114,899


Lamb Weston Holdings, Inc. 66,066

Land & Houses PCL 21,016

Land Securities Group PLC 84,305

Largan Precision Co., Ltd. 255,590


Lear Corp. 95,445

Lee & Man Paper Manufacturing, Ltd. 14,646

Leggett & Platt, Inc. 64,239

LG Corp. 80,671

LG Household & Health Care, Ltd. 20,238

Lite-On Technology Corp. 57,743

Localiza Rent a Car SA 34,613


Lojas Renner SA 70,796

Longfor Group Holdings, Ltd. 153,156

Lotte Chemical Corp. 51,957


of 151


LyondellBasell Industries NV, Class A 427,192

M&G PLC 43,646

Magellan Financial Group, Ltd. 59,897

Magna International, Inc. 282,530

Magnitogorsk Iron & Steel Works PJSC 81,868

Manila Electric Co. 24,728

Mapletree Commercial Trust 25,169

Marico, Ltd. 38,187


Marks & Spencer Group PLC 39,357

Marubeni Corp. 120,116




Medibank Private, Ltd. 117,279

Medical Properties Trust, Inc. 75,936

Merck & Co., Inc. 1,848,488

Meridian Energy, Ltd. 46,475

Metro, Inc., Class A 187,668

Mettler-Toledo International, Inc. 159,000

Micro Focus International PLC 15,749


Mirvac Group 91,786

Mitsubishi Chemical Holdings Corp. 114,909

Mitsubishi Gas Chemical Co., Inc. 41,754

MMC Norilsk Nickel OJSC 1,057,414

Mobile TeleSystems PJSC ADR 352,044

MOL Hungarian Oil & Gas PLC 49,370

Moncler SpA 119,393

Mondi PLC 153,397

Moneta Money Bank AS 21,648

Monster Beverage Corp. 352,359

Moody's Corp. 534,820

Moscow Exchange MICEX-RTS PJSC 94,496

Motor Oil Hellas Corinth Refineries SA 15,382

Mowi ASA 161,950

Mr. Price Group, Ltd. 43,089

Nan Ya Plastics Corp. 172,067

Nanya Technology Corp. 53,895

National Australia Bank, Ltd. 575,620

NCSoft Corp. 152,833

Nestle India, Ltd. 105,991

Nestle Malaysia Bhd 47,910

Nestle SA 1,967,904

NetApp, Inc. 133,620

Newcrest Mining, Ltd. 139,880

Nexon Co., Ltd. 131,354

Next PLC 194,734

Nien Made Enterprise Co., Ltd. 25,726


Nine Dragons Paper Holdings, Ltd. 24,537

Nippon Building Fund, Inc. 62,755

Nippon Telegraph & Telephone Corp. 604,524

Nokian Renkaat Oyj 55,672

Nordstrom, Inc. 32,260

Novatek Microelectronics Corp. 68,358

Novo Nordisk A/S, Class B 2,202,547

Novolipetsk Steel PJSC 262,292

NTT DOCOMO, Inc. 836,863

Nucor Corp. 160,588

NVR, Inc. 225,513

NWS Holdings, Ltd. 22,045

Obayashi Corp. 47,248

Occidental Petroleum Corp. 125,615

OGE Energy Corp. 72,036

Oil & Natural Gas Corp., Ltd. 46,032

Old Dominion Freight Line, Inc. 196,754

Omnicom Group, Inc. 208,202

OMV AG 83,103

OPAP SA 17,024



Oriental Land Co., Ltd. 232,068

Orion Oyj, Class B 104,141

Orkla ASA 61,614

PACCAR, Inc. 332,370

of 151

Packaging Corp. of America 91,269

Page Industries, Ltd. 22,407

Pandora A/S 139,405

Partners Group Holding AG 318,256


Pembina Pipeline Corp. 104,935


Persimmon PLC 238,842

Petrobras Distribuidora SA 40,958

Petronas Chemicals Group Bhd 71,568

Petronas Gas Bhd 46,885

Petronet LNG, Ltd. 33,927

Peugeot SA 159,053



Phillips 66 485,212

Phison Electronics Corp. 36,712

PhosAgro PJSC 113,505

Pidilite Industries, Ltd. 38,716

Polymetal International PLC 218,774

Polymetal International PLC 34,888

Polyus PJSC 276,426

Porsche Automobil Holding SE 148,907

Porto Seguro SA 12,409

Postal Savings Bank of China Co., Ltd. 40,926

Poste Italiane SpA 76,918

Power Assets Holdings, Ltd. 100,862

Power Corp. of Canada 134,198

Powertech Technology, Inc. 38,819

Powszechny Zaklad Ubezpieczen SA 54,466

PPL Corp. 237,490

President Chain Store Corp. 98,453

Procter & Gamble Co. 1,843,128

Promotora y Operadora de Infraestructura SAB de CV 21,040

Proximus SADP 64,932

PTT Exploration & Production PCL 55,982

PTT Global Chemical PCL 55,288

PTT PCL 191,339




Qantas Airways, Ltd. 22,336

Quebecor, Inc., Class B 52,764

Ralph Lauren Corp. 45,306

Ratch Group PCL 22,006

REA Group, Ltd. 70,481

REC, Ltd. 13,860

Recordati SpA 65,452

Red Electrica Corp. SA 117,788


RELX PLC 868,148

Renault SA 55,135

Repsol SA 210,494

Republic of Argentina 1.10 04/17/2021 120,512








Republic of Argentina 12/04/2020 124,895

Republic of Colombia 4.38 03/21/2023 16,902





Republic of Ghana 18.75 01/24/2022 243,817







Republic of India 6.79 05/15/2027 1,629,522

Republic of India 6.84 12/19/2022 559,096

Republic of India 7.16 05/20/2023 1,345,306

of 151

Republic of Indonesia 5.63 05/15/2023 5,807



Republic of Indonesia 8.38 03/15/2024 3,039,354





Republic of South Korea 1.18 08/02/2021 142,884

Republic of South Korea 1.38 09/10/2021 1,197,861









Rio Tinto PLC 1,236,946

Rio Tinto, Ltd. 562,111

RioCan Real Estate Investment Trust 29,610

RMB Holdings, Ltd. 39,363

Robert Half International, Inc. 116,702

Roche Holding AG 2,131,688


Rogers Communications, Inc., Class B 238,871

Rollins, Inc. 100,320


Royal Dutch Shell PLC, Class A 582,494

Royal Dutch Shell PLC, Class B 484,708


S-1 Corp. 22,389


Samsung Electronics Co., Ltd. 259,052

Sands China, Ltd. 202,913

Saputo, Inc. 93,368

SATS, Ltd. 24,225

SBI Life Insurance Co., Ltd. 32,989

Scentre Group 114,142

Seagate Technology PLC 312,936

Sekisui House, Ltd. 165,870

Severstal PJSC 274,212

Shanghai Commercial & Savings Bank, Ltd. 51,400

Shaw Communications, Inc., Class B 60,739

Shenzhou International Group Holdings, Ltd. 139,431

Shinhan Financial Group Co., Ltd. 154,322

Shionogi & Co., Ltd. 259,983

Showa Denko KK 38,296

Siam Cement PCL 125,080


Singapore Exchange, Ltd. 132,489

Singapore Technologies Engineering, Ltd. 61,647

Singapore Telecommunications, Ltd. 236,507


Sino Land Co., Ltd. 30,380

Sinopec Shanghai Petrochemical Co., Ltd. 17,388

SK Hynix, Inc. 904,783

SK Telecom Co., Ltd. 70,928

Skanska AB, Class B 54,864

Skyworks Solutions, Inc. 391,182

SmartCentres Real Estate Investment Trust 16,058

Smith & Nephew PLC 153,185

Snam SpA 111,924

Snap-on, Inc. 77,814

Societe Generale SA 179,524

Softbank Corp. 201,570

Sonic Healthcare, Ltd. 140,053

South32, Ltd. 109,314

Southwest Airlines Co. 77,040

Spark New Zealand, Ltd. 122,902

SSE PLC 259,848

Starbucks Corp. 1,778,172

Steel Dynamics, Inc. 71,712

Subaru Corp. 258,543

Swedbank AB, Class A 85,816

Swisscom AG 238,621

Sysco Corp. 468,860

of 151


Taiwan Business Bank 24,393

Taiwan Cement Corp. 58,175

Taiwan Mobile Co., Ltd. 103,873

Taiwan Semiconductor Manufacturing Co., Ltd. 1,771,699

Tapestry, Inc. 68,000

Target Corp. 1,113,203

Tata Consultancy Services, Ltd. 501,102

Tatneft PJSC 639,895

Taylor Wimpey PLC 144,077


Tech Mahindra, Ltd. 56,129

Teck Resources, Ltd., Class B 77,900

Telefonica Brasil SA 82,155

Telekomunikasi Indonesia Persero Tbk PT 210,147

Telenor ASA 204,302

Telia Co AB 139,328

Telstra Corp., Ltd. 188,199

TELUS Corp. 119,784


Thomson Reuters Corp. 147,354

Tiger Brands, Ltd. 24,884

Tim Participacoes SA 29,352

TJX Cos., Inc. 1,361,208

Tokyo Electron, Ltd. 519,759

Tosoh Corp. 70,988

Tractor Supply Co. 268,444

Tryg A/S 42,471

TUI AG 42,536

Tupras Turkiye Petrol Rafinerileri AS 33,756

Turkcell Iletisim Hizmetleri AS 39,805

Turkiye Garanti Bankasi AS 38,007

Turkiye Is Bankasi, Class C 20,733

Tyson Foods, Inc., Class A 307,200

Ulta Beauty, Inc. 219,609

Unilever Indonesia Tbk PT 94,455


Unilever PLC 1,036,534







United Mexican States 6.50 06/09/2022 3,497,399





United Mexican States 5.67-5.68 08/13/2020 256,082

United Parcel Service, Inc., Class B 1,036,984






United Tractors Tbk PT 35,773

Vale SA 263,197


Vanguard International Semiconductor Corp. 39,214

Ventas, Inc. 164,265

Venture Corp., Ltd. 51,211


VF Corp. 297,330

ViacomCBS, Inc., Class B 157,624

Vitasoy International Holdings, Ltd. 29,744

Vodacom Group, Ltd. 87,848

Walgreens Boots Alliance, Inc. 506,692

Wal-Mart de Mexico SAB de CV 236,772

Walsin Technology Corp. 31,158

Walt Disney Co. 1,548,360


Waters Corp. 79,940

WEC Energy Group, Inc. 476,996

Wesfarmers, Ltd. 636,759

West Fraser Timber Co., Ltd. 24,356

Western Union Co. 84,084

of 151

Westpac Banking Corp. 510,232

Wharf Holdings, Ltd. 19,741

Wheaton Precious Metals Corp. 150,793

Woodside Petroleum, Ltd. 230,048

Woolworths Group, Ltd. 582,216

Woori Financial Group, Inc. 37,234

WPG Holdings, Ltd. 30,101

Wuliangye Yibin Co., Ltd., Class A 39,477

WW Grainger, Inc. 185,772

Wynn Macau, Ltd. 39,409

X5 Retail Group NV GDR 47,939

Xilinx, Inc. 229,875

Yageo Corp. 86,427

Yangzijiang Shipbuilding Holdings, Ltd. 33,543

Yuanta Financial Holding Co., Ltd. 65,590

Yue Yuen Industrial Holdings, Ltd. 18,816

Zhen Ding Technology Holding, Ltd. 31,905

ZOZO, Inc. 57,157



Unrealized

Appreciation

(Depreciation) ($)

BOUGHT BRL/SOLD EUR 07/02/2020 (45,671)

BOUGHT BRL/SOLD USD 06/02/2020 (7,866)

BOUGHT CHF/SOLD EUR 08/10/2020 27,375


BOUGHT CHF/SOLD EUR 08/13/2020 (11,337)



BOUGHT EUR/SOLD SEK 06/15/2020 (53,868)

BOUGHT EUR/SOLD USD 07/23/2020 (23,455)

BOUGHT INR/SOLD USD 06/03/2020 3,844

BOUGHT JPY/SOLD AUD 06/15/2020 (116,830)

BOUGHT JPY/SOLD AUD 09/14/2020 (73,377)

BOUGHT JPY/SOLD EUR 06/25/2020 (1,734)


BOUGHT JPY/SOLD EUR 08/25/2020 14,486





BOUGHT JPY/SOLD USD 08/26/2020 32,323







BOUGHT NOK/SOLD USD 06/15/2020 (68,967)



BOUGHT NOK/SOLD USD 06/30/2020 106,671


BOUGHT SEK/SOLD EUR 06/15/2020 28,310




SOLD AUD/BOUGHT JPY 06/09/2020 (45,195)

SOLD AUD/BOUGHT JPY 06/12/2020 118,038






SOLD BRL/BOUGHT USD 06/02/2020 97,726




SOLD BRL/BOUGHT USD 09/02/2020 (54,870)


SOLD BRL/BOUGHT USD 11/04/2020 (19,066)

SOLD EUR/BOUGHT USD 06/04/2020 22,391



SOLD EUR/BOUGHT USD 06/30/2020 (582)


of 151















SOLD INR/BOUGHT USD 06/03/2020 68,093

SOLD INR/BOUGHT USD 08/26/2020 (3,804)



SOLD INR/BOUGHT USD 09/03/2020 (8,922)


















SOLD MXN/BOUGHT USD 06/17/2020 87,116

SOLD MXN/BOUGHT USD 10/06/2020 (305,267)









SOLD NOK/BOUGHT USD 6/15/2020 (70,474)

SOLD NOK/BOUGHT USD 6/19/2020 (71,106)

VALIC Company I - Government Securities Fund - (unaudited)

May 31, 2020


AbbVie, Inc. 3.45 03/15/2022 130,986

American Airlines Pass-Through Trust 3.00 04/15/2030 554,768

American Airlines Pass-Through Trust 3.35 04/15/2031 255,454


AT&T, Inc. 3.60 07/15/2025 543,467

AT&T, Inc. 3.95 01/15/2025 187,370

BANK 2.40 03/15/2063 515,474

BBCMS Trust 2.47 03/10/2036 287,489

Boston Properties LP 2.75 10/01/2026 247,770

Citigroup Commercial Mtg. Trust 2.72 02/15/2053 1,329,493

Citigroup, Inc. 3.40 05/01/2026 433,811

Citigroup, Inc. 4.50 01/14/2022 171,163

COMM Mtg. Trust 1.63 08/15/2045 20,991

COMM Mtg. Trust 2.24 02/10/2037 566,499

CVS Health Corp. 4.30 03/25/2028 502,936

DBUBS Mtg. Trust 3.53 07/10/2044 32,799

Eleven Madison Mtg. Trust 3.55 09/10/2035 424,006


Federal Farm Credit Bank 3.33 04/28/2037 616,439

Federal Farm Credit Bank 3.35 10/21/2025 1,142,780




of 151





















Federal Home Loan Mtg. Corp. Multifamily Structured Pass Through Certs. 2.81 09/25/2024 634,378

Federal Home Loan Mtg. Corp. Multifamily Structured Pass Through Certs. 3.01 07/25/2025 473,282

Federal Home Loan Mtg. Corp. Multifamily Structured Pass Through Certs. 3.28 06/25/2025 1,111,693





Federal Home Loan Mtg. Corp. REMIC 3.00 08/15/2032 1,964,694



















Federal National Mtg. Assoc. 3.37 02/01/2035 856

























Federal National Mtg. Assoc. Grantor Trust 2.90 06/25/2027 1,213,205






of 151






















Federal National Mtg. Assoc., REMIC 3.00 01/25/2046 837,476


Gilead Sciences, Inc. 3.50 02/01/2025 160,476































Government National Mtg. Assoc. 7.50 07/15/2030 117






GS Mtg. Securities Trust 3.43 08/10/2050 1,210,615

Israel Government AID 0.00 02/15/2024 2,557,845

Magellan Midstream Partners LP 3.20 03/15/2025 140,141

Medtronic, Inc. 3.15 03/15/2022 103,701



Morgan Stanley 2.50 04/21/2021 324,425

New York Life Global Funding 2.00 04/13/2021 156,246

Noble Energy, Inc. 3.90 11/15/2024 114,639



Progress Residential Trust 2.77 08/17/2034 302,766

Resolution Funding Corp. 0.00 07/15/2020 1,999,347

San Diego Gas & Electric Co. 6.00 06/01/2026 248,521

Sofi Professional Loan Program Trust 3.34 08/25/2047 1,028,140

Tennessee Valley Authority 0.75 05/15/2025 505,065

Tricon American Homes Trust 2.59 11/17/2033 542,751

of 151

UBS Commercial Mtg. Trust 4.26 12/15/2051 1,626,635

UBS-BAMLL Trust 3.66 06/10/2030 220,966













Walt Disney Co. 2.00 09/01/2029 506,622

Wells Fargo & Co. 2.16 02/11/2026 911,485

WF-RBS Commercial Mtg. Trust 4.38 03/15/2044 299,899

VALIC Company I - Growth Fund - (unaudited)

May 31, 2020


Abbott Laboratories 2,057,771

AbbVie, Inc. 1,831,437

ABIOMED, Inc. 122,026


Adaptive Biotechnologies Corp. 13,259,510

Adobe, Inc. 30,584,313


Adyen NV 20,443,282


Air Products & Chemicals, Inc. 1,126,572



Alexion Pharmaceuticals, Inc. 325,409


Align Technology, Inc. 372,360

Allegion PLC 195,911





American Express Co. 809,426


American Water Works Co., Inc. 242,824

Ameriprise Financial, Inc. 243,862

AMETEK, Inc. 443,326

Amgen, Inc. 1,702,996


Analog Devices, Inc. 15,212,219

ANSYS, Inc. 512,513

Aon PLC 614,484

Apache Corp. 53,205

Apple, Inc. 48,461,687



Arthur J. Gallagher & Co. 189,691

ASML Holding NV 26,836,942

AstraZeneca PLC ADR 17,517,482




Avery Dennison Corp. 138,891

Ball Corp. 8,278,345

Baxter International, Inc. 437,359

BlackRock, Inc. 869,084

Boeing Co. 725,750



Boston Scientific Corp. 13,035,395




Brown-Forman Corp., Class B 254,028



of 151


CarMax, Inc. 306,238




CBRE Group, Inc., Class A 311,334

CDW Corp. 337,055


Cerner Corp. 305,159

Charles Schwab Corp. 633,812

Charter Communications, Inc., Class A 1,803,904



Cincinnati Financial Corp. 87,128




Coca-Cola Co. 1,522,702




Cooper Cos., Inc. 189,237

Copart, Inc. 25,766,131



Costco Wholesale Corp. 1,700,287

Coty, Inc., Class A 10,665


CSX Corp. 588,602





Deere & Co. 597,679

DENTSPLY SIRONA, Inc. 115,974

DexCom, Inc. 729,382

Discover Financial Services 195,266



Dover Corp. 176,314

Dow, Inc. 605,325

Duke Realty Corp. 158,125

eBay, Inc. 736,564

Ecolab, Inc. 575,029






Equifax, Inc. 236,022







Fair Isaac Corp. 18,693,026


Federal Realty Investment Trust 49,864

Ferrari NV 17,782,203


Fiserv, Inc. 1,289,568




FMC Corp. 269,742


Fortune Brands Home & Security, Inc. 179,344

Freeport-McMoRan, Inc. 153,074


Gartner, Inc. 230,256



Hershey Co. 285,199

Hess Corp. 259,993


Hologic, Inc. 162,286

of 151


Honeywell International, Inc. 1,013,803

Howmet Aerospace Inc Common Stock 53,576

Humana, Inc. 20,593,276


IDEX Corp. 146,302





Incyte Corp. 385,322



Intercontinental Exchange, Inc. 629,888

Intuit, Inc. 26,844,148



IQVIA Holdings, Inc. 393,686








KLA Corp. 587,179







Linde PLC 1,632,074

Live Nation Entertainment, Inc. 98,123

LKQ Corp. 92,540


Lonza Group AG 19,193,105

Lowe's Cos., Inc. 24,721,920



Marsh & McLennan Cos., Inc. 689,539


Masco Corp. 280,273


Match Group, Inc. 7,232,808


McCormick & Co., Inc. 233,488

McDonald's Corp. 1,305,731

MercadoLibre, Inc. 20,999,627

Merck & Co., Inc. 2,390,523


MGM Resorts International 114,144


Micron Technology, Inc. 1,121,765


Mid-America Apartment Communities, Inc. 126,251




MSCI, Inc. 589,299

Nasdaq, Inc. 135,044

National Oilwell Varco, Inc. 31,549

NetApp, Inc. 98,879


NextEra Energy, Inc. 1,399,958





NRG Energy, Inc. 191,822


NVR, Inc. 273,837


Oracle Corp. 1,478,137



PACCAR, Inc. 540,286

of 151



Paycom Software, Inc. 308,525



PerkinElmer, Inc. 134,529


Phillips 66 367,744




Progressive Corp. 585,863




Qorvo, Inc. 257,241


Quanta Services, Inc. 50,040

Raytheon Technologies Corp. 1,061,612




ResMed, Inc. 489,054








SBA Communications Corp. 23,619,121

Seagate Technology PLC 155,619






Snap, Inc., Class A 15,725,295

SPDR Portfolio S&P 500 Growth ETF 7,421,700


STERIS PLC 160,582

Stryker Corp. 879,611

SVB Financial Group 150,110

Synchrony Financial 243,157


Sysco Corp. 267,802



Target Corp. 839,061





Tiffany & Co. 292,521

TJX Cos., Inc. 16,643,722




TransUnion 17,688,242


UDR, Inc. 107,723






Varian Medical Systems, Inc. 128,188




VF Corp. 205,887


Vulcan Materials Co. 303,188



Waters Corp. 168,873

West Pharmaceutical Services, Inc. 338,103

of 151


Willis Towers Watson PLC 264,785

Wynn Resorts, Ltd. 170,224

Xerox Holdings Corp. 62,440


Xylem, Inc. 149,066



Zoetis, Inc. 18,869,921

Futures Contracts

Description Type Expiration Month

Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-mini LONG June 2020 90,994

VALIC Company I - Health Sciences Fund - (unaudited)

May 31, 2020


10X Genomics, Inc., Class A 1,296,797

AbbVie, Inc. 17,290,832

Abcam PLC 911,194

Acadia Healthcare Co., Inc. 1,004,497

ACADIA Pharmaceuticals, Inc. 8,573,526

Acceleron Pharma, Inc. 7,662,685

Acerta Pharma BV, Class B 1,074,823

Adaptive Biotechnologies Corp. 1,192,037

ADC Therapeutics SA 447,982

Adverum Biotechnologies, Inc. 1,557,462

Agilent Technologies, Inc. 12,303,374

Agios Pharmaceuticals, Inc. 1,905,532

Aimmune Therapeutics, Inc. 978,794

Akero Therapeutics, Inc. 251,556

Alcon, Inc. 5,224,804

Alector, Inc. 1,021,646


Alignment Healthcare Partners, Class A1 1,062,886

Alkermes PLC 1,234,166

Allakos, Inc. 466,960

Allogene Therapeutics, Inc. 2,499,456

Alnylam Pharmaceuticals, Inc. 9,754,049

Amarin Corp. PLC ADR 1,021,125

Amedisys, Inc. 2,302,680

Amgen, Inc. 18,031,450

Anthem, Inc. 10,793,543

Apellis Pharmaceuticals, Inc. 1,860,294

Applied Therapeutics, Inc. 81,936

Aprea Therapeutics, Inc. 201,450

Arcturus Therapeutics Holdings, Inc. 585,190

Arcutis Biotherapeutics, Inc. 500,566

Ardelyx, Inc. 527,108

Argenx SE ADR 10,054,686

Arvinas, Inc. 159,696

Ascendis Pharma A/S ADR 9,093,707

Assembly Biosciences, Inc. 401,475

Astellas Pharma, Inc. 2,718,058


Atea Pharmaceuticals, Inc. 315,114

AtriCure, Inc. 1,837,147

Avantor, Inc. 4,628,547

Avrobio, Inc. 332,477

Axsome Therapeutics, Inc. 1,599,413

Bayer AG 2,709,826

Beam Therapeutics, Inc. 176,883


BeiGene, Ltd. ADR 2,497,005

BELLUS Health, Inc. 440,916

Biogen, Inc. 11,684,160

BioMarin Pharmaceutical, Inc. 4,981,319

Bluebird Bio, Inc. 1,840,561

Blueprint Medicines Corp. 2,148,252


Bristol-Myers Squibb Co. CVR 636,645

Bruker Corp. 4,086,627

Cara Therapeutics, Inc. 810,640

of 151


CareDx, Inc. 240,739

Catalent, Inc. 3,388,173


ChemoCentryx, Inc. 204,826

Chugai Pharmaceutical Co., Ltd. 6,670,393


Color Genomics, Inc. 3.00 06/30/2021 543,971

Compugen, Ltd. 183,141

Constellation Pharmaceuticals, Inc. 412,148

Cooper Cos., Inc. 4,715,078

Cortexyme, Inc. 129,052

CRISPR Therapeutics AG 1,160,309

Cyclerion Therapeutics, Inc. 96,714

Daiichi Sankyo Co., Ltd. 6,014,509


Deciphera Pharmaceuticals, Inc. 1,662,334

Denali Therapeutics, Inc. 1,239,576

DermTech, Inc. 210,081

DexCom, Inc. 9,621,937

DiaSorin SpA 4,815,187

Dicerna Pharmaceuticals, Inc. 1,183,481

Doximity, Inc. 751,506

Eisai Co., Ltd. 2,994,502

Elanco Animal Health, Inc. 151,435

Elanco Animal Health, Inc. 1,378,547

Eli Lilly & Co. 17,564,931

Enanta Pharmaceuticals, Inc. 1,197,657

Envista Holdings Corp. 2,963,004

Epizyme, Inc. 789,750

Esperion Therapeutics, Inc. 360,145

Evotec SE 1,986,649

Exact Sciences Corp. 6,530,487

Exelixis, Inc. 6,936,418

Fate Therapeutics, Inc. 913,423

FibroGen, Inc. 1,300,582

Freenome Holdings, Inc. 319,017

G1 Therapeutics, Inc. 344,695

Galapagos NV 1,493,582


Generation Bio 478,836

GenMark Diagnostics, Inc. 873,697

Ginkgo Bioworks 1,309,957

Global Blood Therapeutics, Inc. 3,622,835

Gritstone Oncology, Inc. 113,696

Guardant Health, Inc. 1,918,257

GW Pharmaceuticals PLC ADR 1,633,803

Halozyme Therapeutics, Inc. 415,017


Hologic, Inc. 8,467,280

Homology Medicines, Inc. 606,553

Horizon Therapeutics PLC 1,805,988

HTG Molecular Diagnostics, Inc. 48,549

Humana, Inc. 17,788,126

ICU Medical, Inc. 2,138,729

IGM Biosciences, Inc. 1,013,354

Immunomedics, Inc. 2,753,272

Inari Medical, Inc. 447,480


Insitro,Inc. 324,177

Insmed, Inc. 2,135,212

Insulet Corp. 3,658,258

Intercept Pharmaceuticals, Inc. 875,719

Intra-Cellular Therapies, Inc. 730,424


Ionis Pharmaceuticals, Inc. 4,259,987

Iovance Biotherapeutics, Inc. 4,542,436

Ipsen SA 2,241,725

iRhythm Technologies, Inc. 2,290,909

JAND, Inc. (dba Warby Parker) 57,466


JAND, Inc. (dba Warby Parker) 1,467,129

JAND, Inc. (dba Warby Parker), Class A 703,603

Kadmon Holdings, Inc. 514,392

Kardium, Inc. 388,902

Karuna Therapeutics, Inc. 2,357,575

Karyopharm Therapeutics, Inc. 693,819

of 151

Kodiak Sciences, Inc. 4,492,204

Krystal Biotech, Inc. 969,850

Lantheus Holdings, Inc. 802,766

Livongo Health, Inc. 683,202



Merck & Co., Inc. 10,969,202

Mersana Therapeutics, Inc. 190,176

Mettler-Toledo International, Inc. 2,286,420

Milestone Pharmaceuticals, Inc. 76,226

Minerva Neurosciences, Inc. 100,433

Mirati Therapeutics, Inc. 2,320,054

Moderna, Inc. 1,739,097

Molina Healthcare, Inc. 6,595,309

Momenta Pharmaceuticals, Inc. 1,512,079

MorphoSys AG 1,044,219

MyoKardia, Inc. 4,681,711

Nektar Therapeutics 827,399

Neurocrine Biosciences, Inc. 8,678,805

Nevro Corp. 4,640,794

Novartis AG 3,256,928


Novocure, Ltd. 1,608,206

Odonate Therapeutics, Inc. 779,278

Option Care Health, Inc. 448,233

Orchard Therapeutics PLC ADR 312,085

Outset Medical, Inc 704,422

Outset Medical, Inc. 195,767



Passage Bio, Inc. 220,278

Pennant Group, Inc. 958,195

Penumbra, Inc. 3,611,682

Perrigo Co. PLC 40,530

PhaseBio Pharmaceuticals, Inc. 227,935

Phreesia, Inc. 508,086

PPD, Inc. 1,287,880

PRA Health Sciences, Inc. 2,339,100

Principia Biopharma, Inc. 1,434,075

Progenics Pharmaceuticals, Inc. 229,230

Protagonist Therapeutics, Inc. 595,940

PTC Therapeutics, Inc. 977,182

Puma Biotechnology, Inc. 415,547

Quanterix Corp. 1,211,008

Quidel Corp. 7,167,300

Radius Health, Inc. 456,545

RAPT Therapeutics, Inc. 479,978

Reata Pharmaceuticals, Inc., Class A 1,758,808

RefleXion Medical, Inc. 305,509

Reflexion Medical, Inc. 127,808

Regeneron Pharmaceuticals, Inc. 18,414,328

REGENXBIO, Inc. 597,551

Repligen Corp. 481,970

REVOLUTION Medicines, Inc. 229,356


Rocket Pharmaceuticals, Inc. 653,309

Sage Therapeutics, Inc. 1,757,245

Sanofi 4,190,188

Sarepta Therapeutics, Inc. 5,098,456

Sartorius AG (Preference Shares) 4,915,671

Scholar Rock Holding Corp. 240,635

Schrodinger, Inc. 1,017,988

Seattle Genetics, Inc. 12,870,468

Seer, Inc. 535,061

Seer, Inc. 457,024

Selectquote, Inc. 1,133,576

Shockwave Medical, Inc. 2,546,947


Stoke Therapeutics, Inc. 637,535



Tandem Diabetes Care, Inc. 1,746,150

Teladoc Health, Inc. 1,879,848

Teleflex, Inc. 6,198,012

Tempus Labs, Inc. 189,045

Tempus Labs, Inc. 297,502

Tempus Labs, Inc. 1,107,549

of 151

Tempus Labs, Inc. 1,646,950


Translate Bio, Inc. 696,959

Tricida, Inc. 1,220,357

Turning Point Therapeutics, Inc. 1,526,062

Ultragenyx Pharmaceutical, Inc. 5,094,246

uniQure NV 779,056

United Therapeutics Corp. 1,073,345



Verily Life Sciences LLC 637,210


WaVe Life Sciences, Ltd. 402,802

West Pharmaceutical Services, Inc. 6,874,393

Wuxi Biologics Cayman, Inc. 1,026,739

Xencor, Inc. 1,660,392

Zai Lab, Ltd. ADR 595,498

Zealand Pharma A/S 482,373

Zeneca, Inc. CVR 14,213

Zentalis Pharmaceuticals, Inc. 995,679

Zimmer Biomet Holdings, Inc. 2,015,123

Zogenix, Inc. 800,055

Zymeworks, Inc. 1,087,068

VALIC Company I - Inflation Protected Fund - (unaudited)

May 31, 2020


Air Products and Chemicals, Inc. 2.70 05/15/2040 3,632,514


Apache Corp. 4.25 01/15/2030 1,583,328

BAC Capital Trust XIV 4.00 09/29/2049 2,770,648

Banco Santander SA 207,060

Bank of America Corp. 2.59 04/29/2031 7,180,913




Barclays Bank PLC 3.33 05/22/2023 9,427,600

BBVA Bancomer SA 5.13 01/18/2033 1,041,950

BNP Paribas SA 2.68 12/21/2020 416,454

BP Capital Markets America, Inc. 3.00 02/24/2050 3,090,110

CAMB Commercial Mtg. Trust 1.25 12/15/2037 722,118

Cenovus Energy, Inc. 4.25 04/15/2027 2,138,789


Citigroup, Inc. 0.45 03/27/2025 1,985,000

Citigroup, Inc. 1.33 09/29/2024 2,024,400

Citigroup, Inc. 4.65 07/23/2048 3,601,115

CNH Industrial NV 3.85 11/15/2027 1,366,979

Commonwealth of Australia 0.75 11/21/2027 15,914,376

Commonwealth of Australia 3.74 09/20/2025 12,554,499

Constellation Brands, Inc. 2.88 05/01/2030 3,099,546

Corestates Capital II 1.87 01/15/2027 587,752

Credit Agricole SA 4.00 01/10/2033 2,747,667

Danske Bank A/S 3.24 12/20/2025 689,556

Dow Chemical Co. 4.80 05/15/2049 2,238,044

DowDuPont, Inc. 5.32 11/15/2038 1,559,048

Enable Midstream Partners LP 4.95 05/15/2028 752,523

Enbridge, Inc. 5.50 07/15/2077 2,461,233

Energy Transfer Operating LP 5.80 06/15/2038 1,196,801

Energy Transfer Operating LP 6.25 12/31/2099 1,941,040

EnLink Midstream LLC 5.38 06/01/2029 405,676

EnLink Midstream Partners LP 6.00 12/31/2099 133,000










General Mills, Inc. 2.88 04/15/2030 664,344

Genworth Holdings, Inc. 2.39 11/15/2066 248,000

Georgia-Pacific LLC 2.30 04/30/2030 3,109,820

Glencore Funding LLC 4.00 04/16/2025 961,777

Goldman Sachs Group, Inc. 3.73 08/30/2023 4,070,544

of 151

Goldman Sachs Group, Inc. 5.00 05/10/2066 2,561,958


Government of Canada 4.00 12/01/2031 27,228,368



Government of New Zealand 2.19 09/20/2025 37,891,523

Hartford Financial Services Group, Inc. 2.52 02/12/2067 3,036,860

Huntsman International LLC 4.50 05/01/2029 1,829,266

Jackson Park Trust 2.77 10/14/2039 3,119,127

JPMorgan Chase & Co. 2.79 12/20/2023 2,008,600



Kingdom of Spain 0.30 11/30/2021 2,933,053

Kingdom of Spain 1.00 11/30/2030 12,016,436

Lehman Brothers Holdings, Inc. 0.00 04/14/2011 4,080



Martin Marietta Materials, Inc. 3.50 12/15/2027 2,139,751

Masco Corp. 3.50 11/15/2027 3,019,084

Morgan Stanley 2.33 06/09/2023 660,680

Morgan Stanley 3.88 08/24/2023 456,300

Morgan Stanley 4.09 09/26/2028 1,435,298

Morgan Stanley 4.33 04/25/2023 3,811,950

Morgan Stanley 5.00 11/24/2025 2,695,297

MPLX LP 4.25 12/01/2027 1,335,065

MPLX LP 6.88 12/31/2099 1,085,459


Newcrest Finance Pty, Ltd. 5.75 11/15/2041 2,221,601

Newmont Corp. 2.25 10/01/2030 4,229,122

Noble Energy, Inc. 3.85 01/15/2028 434,922

Nucor Corp. 2.70 06/01/2030 608,484

Nutrien, Ltd. 2.95 05/13/2030 2,176,754

One Bryant Park Trust 2.52 09/15/2054 2,083,597

Penske Truck Leasing Co. LP/PTL Finance Corp. 3.35 11/01/2029 1,401,592

Prudential Financial, Inc. 5.70 09/15/2048 9,010,901

Republic of Italy 0.55 05/21/2026 11,173,611

Royal Bank of Scotland Group PLC 3.75 11/01/2029 2,760,103


SLM Corp. 4.49 12/15/2020 1,923,714

Smithfield Foods, Inc. 5.20 04/01/2029 2,846,622

Societe Generale SA 3.60 05/03/2023 9,620,000


Steel Dynamics, Inc. 3.45 04/15/2030 2,356,294

Store Master Funding I-VII 3.96 10/20/2048 1,644,196

Teck Resources, Ltd. 6.13 10/01/2035 4,300,794

T-Mobile USA, Inc. 4.38 04/15/2040 801,811

Truist Bank 2.25 03/11/2030 1,605,532

UniCredit SpA 5.86 06/19/2032 735,882

UniCredit SpA 7.30 04/02/2034 903,887

United Kingdom Gilt Treasury 0.13 03/22/2024 9,123,308

United Kingdom Gilt Treasury 1.25 11/22/2032 5,368,572

United Mexican States 2.50 12/10/2020 3


























of 151



















WEC Energy Group, Inc. 2.50 05/15/2067 660,328

Wells Fargo & Co. 3.84 03/31/2021 1,939,600

Zions Bancorp NA 3.25 10/29/2029 3,430,261

VALIC Company I - International Equities Index Fund - (unaudited)

May 31, 2020


3i Group PLC 907,394

a2 Milk Co., Ltd. 791,664

ABB, Ltd. 3,311,832

ABC-Mart, Inc. 182,464

ABN AMRO Group NV CVA 310,013

Accor SA 453,185

Acom Co., Ltd. 148,009

ACS Actividades de Construccion y Servicios SA 604,428

Adecco Group AG 673,292

adidas AG 4,304,548


Advantest Corp. 900,199

Adyen NV 1,252,462

Aegon NV 437,716

Aena SME SA 879,043

Aeon Co., Ltd. 1,316,952

AEON Financial Service Co., Ltd. 110,533

Aeon Mall Co., Ltd. 132,329

AerCap Holdings NV 355,768

Aeroports de Paris 282,215

AGC, Inc. 467,808

Ageas 556,530


AIA Group, Ltd. 8,969,693

AIB Group PLC 82,647

Air Liquide SA 5,857,726

Air Water, Inc. 238,383

Airbus SE 3,374,351

Aisin Seiki Co., Ltd. 463,914

Ajinomoto Co., Inc. 682,286

Aker BP ASA 158,974

Akzo Nobel NV 1,510,947

Alcon, Inc. 2,443,741

Alfa Laval AB 579,815

Alfresa Holdings Corp. 345,098

Allianz SE 6,888,488

Alps Alpine Co., Ltd. 230,088

Alstom SA 732,729

Altice Europe NV 226,425

Alumina, Ltd. 217,986

Amada Holdings Co., Ltd. 269,676

Amadeus IT Group SA 2,055,037

AMP, Ltd. 340,356

Ampol, Ltd. 406,452

Amundi SA 411,667

ANA Holdings, Inc. 253,606

ANDRITZ AG 248,951

Anglo American PLC 1,982,478

Anheuser-Busch InBev SA NV 3,246,047

Antofagasta PLC 390,906

of 151

Aozora Bank, Ltd. 199,092

AP Moller - Maersk A/S, Series A 315,784

AP Moller - Maersk A/S, Series B 584,110

APA Group 825,941

ArcelorMittal 582,572

Aristocrat Leisure, Ltd. 886,506

Arkema SA 548,829


Asahi Group Holdings, Ltd. 1,244,427

Asahi Intecc Co., Ltd. 545,459

Asahi Kasei Corp. 902,160

Ascendas Real Estate Investment Trust 584,725

Ashtead Group PLC 1,233,724

ASM Pacific Technology, Ltd. 252,893


Assa Abloy AB, Class B 1,854,166

Assicurazioni Generali SpA 1,392,481

Associated British Foods PLC 732,253


AstraZeneca PLC 12,693,418

ASX, Ltd. 1,028,307

Atlantia SpA 735,021

Atlas Copco AB, Class A 2,406,392

Atlas Copco AB, Class B 1,257,941

Atos SE 677,715

Auckland International Airport, Ltd. 446,611


AusNet Services 195,959

Australia & New Zealand Banking Group, Ltd. 3,034,478


AVEVA Group PLC 298,251

Aviva PLC 1,096,676

AXA SA 3,218,846

Azrieli Group, Ltd. 202,558


Baloise Holding AG 633,907

Banco Bilbao Vizcaya Argentaria SA 1,894,252


Banco Espirito Santo SA 0

Banco Santander SA 3,440,713

Bandai Namco Holdings, Inc. 1,013,689

Bank Hapoalim BM 639,876

Bank Leumi Le-Israel BM 712,825

Bank of East Asia, Ltd. 215,362

Bank of Ireland Group PLC 159,230

Bank of Kyoto, Ltd. 176,204

Bankia SA 99,054

Bankinter SA 260,985

Barclays PLC 2,252,375


Barry Callebaut AG 553,811

BASF SE 4,507,441

Bayer AG 5,971,729

Bayerische Motoren Werke AG 1,754,036

Bayerische Motoren Werke AG (Preference Shares) 237,195

Beiersdorf AG 957,739

BeiGene, Ltd. ADR 584,191

Bendigo & Adelaide Bank, Ltd. 192,177

Benesse Holdings, Inc. 176,116


BGP Holdings PLC 0

BHP Group PLC 3,769,358

BHP Group, Ltd. 6,269,341

BioMerieux 541,809


BNP Paribas SA 3,692,041

BOC Hong Kong Holdings, Ltd. 945,880

Boliden AB 542,624

Bollore SA 229,943

Boral, Ltd. 218,649

Bouygues SA 626,114

BP PLC 7,004,304

Brambles, Ltd. 1,090,548

Brenntag AG 737,333

Bridgestone Corp. 1,724,466

British American Tobacco PLC 8,255,064


of 151

Brother Industries, Ltd. 380,961

BT Group PLC 1,102,321

Budweiser Brewing Co. APAC, Ltd. 339,156

Bunzl PLC 716,689


Bureau Veritas SA 545,346

CaixaBank SA 612,543

Calbee, Inc. 211,074

Canon, Inc. 1,866,302

Capgemini SE 1,485,181

CapitaLand Commercial Trust 305,734

CapitaLand Mall Trust 339,145

CapitaLand, Ltd. 480,251

Carl Zeiss Meditec AG 375,509

Carlsberg A/S, Class B 1,260,669

Carnival PLC 188,749

Carrefour SA 838,104

Casino Guichard Perrachon SA 185,588

Casio Computer Co., Ltd. 312,088

Cellnex Telecom SA 1,294,215

Central Japan Railway Co. 2,243,637

Centrica PLC 240,118

Challenger, Ltd. 164,729

Check Point Software Technologies, Ltd. 1,215,582

Chiba Bank, Ltd. 236,473

Chocoladefabriken Lindt & Spruengli AG 695,506

Chocoladefabriken Lindt & Spruengli AG (Participation Certificate) 810,363

Chr. Hansen Holding A/S 931,096

Chubu Electric Power Co., Inc. 790,681


Chugoku Electric Power Co., Inc. 347,437

Cie de Saint-Gobain 1,453,337

Cie Financiere Richemont SA 2,776,932

Cie Generale des Etablissements Michelin SCA 1,576,324

CIMIC Group, Ltd. 147,177

City Developments, Ltd. 226,266

CK Asset Holdings, Ltd. 1,293,453

CK Hutchison Holdings, Ltd. 1,518,395

CK Infrastructure Holdings, Ltd. 300,472

Clariant AG 333,633

CLP Holdings, Ltd. 1,462,315

CNH Industrial NV 561,417

CNP Assurances 165,046


Coca-Cola Bottlers Japan Holdings, Inc. 224,701

Coca-Cola European Partners PLC 783,104

Coca-Cola HBC AG 459,531

Cochlear, Ltd. 751,265

Coles Group, Ltd. 1,234,580

Coloplast A/S, Class B 1,813,499

Colruyt SA 303,894


Commerzbank AG 355,666

Commonwealth Bank of Australia 6,762,698

Compass Group PLC 2,122,099

Computershare, Ltd. 382,416


Continental AG 979,432

Covestro AG 586,511

Covivio 256,004

Credit Agricole SA 918,936

Credit Saison Co., Ltd. 171,743

Credit Suisse Group AG 2,136,284

CRH PLC 2,353,193

Croda International PLC 754,406

Crown Resorts, Ltd. 217,031

CSL, Ltd. 7,534,728

CyberAgent, Inc. 461,385

CyberArk Software, Ltd. 357,833

Dai Nippon Printing Co., Ltd. 502,846

Daicel Corp. 191,498

Daifuku Co., Ltd. 715,530

Dai-ichi Life Holdings, Inc. 1,280,939


Daikin Industries, Ltd. 3,327,681

Daimler AG 3,058,048

Dairy Farm International Holdings, Ltd. 130,005

of 151

Daito Trust Construction Co., Ltd. 687,222

Daiwa House Industry Co., Ltd. 1,282,500

Daiwa House REIT Investment Corp. 442,812

Daiwa Securities Group, Inc. 577,747

Danone SA 3,851,973

Danske Bank A/S 730,544

Dassault Aviation SA 194,901

Dassault Systemes SE 2,030,822

Davide Campari-Milano SpA 430,171

Davide Campari-Milano SpA 0

DBS Group Holdings, Ltd. 2,260,153

DCC PLC 747,832

Delivery Hero SE 981,945

Demant A/S 284,532

Denso Corp. 1,512,369

Dentsu Group, Inc. 528,503

Deutsche Bank AG 1,492,775

Deutsche Boerse AG 2,849,054

Deutsche Lufthansa AG 220,045

Deutsche Post AG 2,788,652

Deutsche Telekom AG 4,707,571

Deutsche Wohnen SE 1,464,179

Dexus 593,644

Diageo PLC 7,385,309


Disco Corp. 536,860

DNB ASA 1,179,398

DSV PANALPINA A/S 2,041,396

Dufry AG 109,409

E.ON SE 2,162,440

East Japan Railway Co. 2,157,893

easyJet PLC 122,172

Edenred 926,823

EDP - Energias de Portugal SA 1,096,591

Eiffage SA 652,739

Eisai Co., Ltd. 1,795,134

Elbit Systems, Ltd. 309,636

Electric Power Development Co., Ltd. 252,946

Electricite de France SA 493,029

Electrolux AB, Series B 337,504

Elisa Oyj 812,022


Enagas SA 509,937

Endesa SA 687,465

Enel SpA 5,695,436

Engie SA 1,969,881

Eni SpA 2,099,913

Epiroc AB, Class A 668,414

Epiroc AB, Class B 396,801


Erste Group Bank AG 603,928

EssilorLuxottica SA 3,334,054

Essity AB, Class B 1,826,330

Eurazeo SE 174,697

Eurofins Scientific SE 711,881

Eutelsat Communications SA 158,552

Evonik Industries AG 468,606

Evraz PLC 162,564

EXOR NV 534,289

Experian PLC 2,886,407

FamilyMart Co., Ltd. 433,598

FANUC Corp. 3,160,504

Fast Retailing Co., Ltd. 2,981,981

Faurecia SE 267,532


Ferrari NV 1,858,916

Ferrovial SA 1,210,028

Ferrovial SA 15,154

Fiat Chrysler Automobiles NV 885,556

FinecoBank Banca Fineco SpA 650,282



Fletcher Building, Ltd. 165,039

Flight Centre Travel Group, Ltd. 110,291

Flutter Entertainment PLC 1,605,102

Fortescue Metals Group, Ltd. 1,160,699

Fortum Oyj 775,503

of 151

Fraport AG Frankfurt Airport Services Worldwide 188,144

Fresenius Medical Care AG & Co. KGaA 1,620,130

Fresenius SE & Co. KGaA 1,814,165

Fuchs Petrolub SE (Preference Shares) 252,301

Fuji Electric Co., Ltd. 307,889

FUJIFILM Holdings Corp. 1,515,406

Fujitsu, Ltd. 1,846,047

Fukuoka Financial Group, Inc. 254,113

G4S PLC 157,794

Galapagos NV 844,225

Galaxy Entertainment Group, Ltd. 1,343,872

Galp Energia SGPS SA 545,052

GEA Group AG 414,391

Geberit AG 1,643,961

Gecina SA 536,838

Genmab A/S 1,824,396

Genting Singapore, Ltd. 307,286

Getlink SE 578,692

Givaudan SA 3,022,519

Gjensidige Forsikring ASA 331,071

GlaxoSmithKline PLC 9,402,085

Glencore PLC 1,811,709

GMO Payment Gateway, Inc. 428,061

Goodman Group 1,518,030

GPT Group 466,658

Grifols SA 850,757

Groupe Bruxelles Lambert SA 595,326

GVC Holdings PLC 521,253

H. Lundbeck A/S 243,934

Hakuhodo DY Holdings, Inc. 263,752

Halma PLC 998,565

Hamamatsu Photonics KK 580,123

Hang Lung Properties, Ltd. 388,055

Hang Seng Bank, Ltd. 1,061,774

Hankyu Hanshin Holdings, Inc. 772,544

Hannover Rueck SE 880,233


Harvey Norman Holdings, Ltd. 111,021

HeidelbergCement AG 670,293

Heineken Holding NV 865,821

Heineken NV 2,168,017

Henderson Land Development Co., Ltd. 471,362

Henkel AG & Co. KGaA 752,207


Hennes & Mauritz AB, Class B 1,109,626

Hermes International 2,401,892

Hexagon AB, Class B 1,321,319

Hikari Tsushin, Inc. 416,812

Hino Motors, Ltd. 176,847

Hirose Electric Co., Ltd. 362,818

Hisamitsu Pharmaceutical Co., Inc. 232,069

Hitachi Construction Machinery Co., Ltd. 255,225

Hitachi Metals, Ltd. 223,968

Hitachi, Ltd. 2,824,540

HK Electric Investments & HK Electric Investments, Ltd. 239,540

HKT Trust & HKT, Ltd. 492,237

HOCHTIEF AG 197,102

Honda Motor Co., Ltd. 3,839,092

Hong Kong & China Gas Co., Ltd. 1,564,007

Hong Kong Exchanges & Clearing, Ltd. 3,813,760

Hongkong Land Holdings, Ltd. 401,107

Hoshizaki Corp. 404,000

Hoya Corp. 3,238,261

HSBC Holdings PLC 8,500,512

Hulic Co., Ltd. 279,558

Husqvarna AB, Class B 280,766

Iberdrola SA 6,046,163

ICA Gruppen AB 387,394

ICADE 194,479

ICL, Ltd. 221,809

Idemitsu Kosan Co., Ltd. 396,998

IHI Corp. 192,980

Iida Group Holdings Co., Ltd. 200,683

Iliad SA 237,462

Imperial Brands PLC 1,565,650

Incitec Pivot, Ltd. 193,848

Industria de Diseno Textil SA 2,774,851

of 151

Industrivarden AB, Class C 339,308

Infineon Technologies AG 2,372,356

Informa PLC 771,757

ING Groep NV 2,302,457

Ingenico Group SA 764,311

Inpex Corp. 650,808

Insurance Australia Group, Ltd. 849,113

InterContinental Hotels Group PLC 753,073

Intertek Group PLC 1,003,256

Intesa Sanpaolo SpA 2,349,219

Investor AB, Class B 2,214,565

Ipsen SA 270,216

Isetan Mitsukoshi Holdings, Ltd. 205,023

iShares MSCI EAFE ETF 30,899,484

Israel Discount Bank, Ltd., Class A 339,532

ISS A/S 239,123

Isuzu Motors, Ltd. 470,935

ITOCHU Corp. 2,631,359

Itochu Techno-Solutions Corp. 294,286

ITV PLC 328,359

J Sainsbury PLC 387,199

J. Front Retailing Co., Ltd. 177,732

James Hardie Industries PLC CDI 688,811

Japan Airlines Co., Ltd. 204,657

Japan Airport Terminal Co., Ltd. 202,679

Japan Exchange Group, Inc. 995,933

Japan Post Bank Co., Ltd. 304,942

Japan Post Holdings Co., Ltd. 1,044,282

Japan Post Insurance Co., Ltd. 259,324

Japan Prime Realty Investment Corp. 219,993

Japan Real Estate Investment Corp. 655,426

Japan Retail Fund Investment Corp. 316,014

Japan Tobacco, Inc. 2,166,850

Jardine Cycle & Carriage, Ltd. 138,260


Jardine Strategic Holdings, Ltd. 403,367

JCDecaux SA 157,873

JD Sports Fashion PLC 325,428


JFE Holdings, Inc. 328,187

JGC Holdings Corp. 216,594

Johnson Matthey PLC 461,984

JSR Corp. 345,477

JTEKT Corp. 151,111

Julius Baer Group, Ltd. 871,349

Just Eat Takeaway.com NV 1,140,145

JXTG Holdings, Inc. 1,074,538

Kajima Corp. 464,343

Kakaku.com, Inc. 300,356

Kamigumi Co., Ltd. 189,726

Kansai Electric Power Co., Inc. 637,926

Kansai Paint Co., Ltd. 333,726

Kao Corp. 3,524,181

Kawasaki Heavy Industries, Ltd. 204,619

KBC Group NV 1,193,419


Keihan Holdings Co., Ltd. 413,487

Keikyu Corp. 336,100

Keio Corp. 558,665

Keisei Electric Railway Co., Ltd. 387,570

Keppel Corp., Ltd. 555,365

Kering SA 3,614,527

Kerry Group PLC, Class A 1,795,926

Kerry Properties, Ltd. 141,636

Keyence Corp. 6,877,522

Kikkoman Corp. 659,898


Kingspan Group PLC 866,016

Kinnevik AB, Class B 556,409

Kintetsu Group Holdings Co., Ltd. 766,200

KION Group AG 328,303

Kirin Holdings Co., Ltd. 1,535,303


Knorr-Bremse AG 464,094

Kobayashi Pharmaceutical Co., Ltd. 401,023

Koito Manufacturing Co., Ltd. 402,884

Komatsu, Ltd. 1,703,686

of 151

Konami Holdings Corp. 295,488

Kone Oyj, Class B 2,076,297

Konica Minolta, Inc. 152,778

Koninklijke Ahold Delhaize NV 2,544,184

Koninklijke DSM NV 2,119,079

Koninklijke KPN NV 798,287


Koninklijke Vopak NV 351,282

Kose Corp. 385,968

Kubota Corp. 1,272,361

Kuehne & Nagel International AG 710,257

Kuraray Co., Ltd. 306,060

Kurita Water Industries, Ltd. 247,003

Kyocera Corp. 1,582,075

Kyowa Kirin Co., Ltd. 599,876

Kyushu Electric Power Co., Inc. 287,807

Kyushu Railway Co. 414,040

L E Lundbergforetagen AB, Class B 344,318

LafargeHolcim, Ltd. 1,863,102


LANXESS AG 389,471

Lawson, Inc. 254,461

Legal & General Group PLC 1,340,898

Legrand SA 1,658,663

LendLease Group 509,812

Leonardo SpA 230,445

LINE Corp. 274,478

Link REIT 1,436,653

Lion Corp. 464,408

LIXIL Group Corp. 338,294

Lloyds Banking Group PLC 2,340,390

London Stock Exchange Group PLC 2,851,791


L'Oreal SA 6,672,835

Lundin Petroleum AB 409,779

LVMH Moet Hennessy Louis Vuitton SE 10,593,378

M&G PLC 411,101

M3, Inc. 1,616,973

Macquarie Group, Ltd. 2,215,882

Magellan Financial Group, Ltd. 453,368

Makita Corp. 688,529

Mapfre SA 173,068

Mapletree Commercial Trust 278,278



Marui Group Co., Ltd. 310,610

Maruichi Steel Tube, Ltd. 130,652

Mazda Motor Corp. 331,097

McDonald's Holdings Co. Japan, Ltd. 319,154

Mebuki Financial Group, Inc. 182,392

Medibank Private, Ltd. 473,138

Mediobanca Banca di Credito Finanziario SpA 368,482

Medipal Holdings Corp. 331,479

Meggitt PLC 243,303

MEIJI Holdings Co., Ltd. 782,810

Melco Resorts & Entertainment, Ltd. ADR 318,708

Melrose Industries PLC 633,003

Mercari, Inc. 208,889

Merck KGaA 1,352,096

Mercury NZ, Ltd. 179,009


METRO AG 153,169

Metso Oyj 311,627


Millicom International Cellular SA SDR 212,212

Minebea Mitsumi, Inc. 580,322

Mirvac Group 554,137

MISUMI Group, Inc. 688,555


Mitsubishi Corp. 2,875,612

Mitsubishi Electric Corp. 2,188,681

Mitsubishi Estate Co., Ltd. 1,714,732

Mitsubishi Gas Chemical Co., Inc. 217,716

Mitsubishi Heavy Industries, Ltd. 756,215

Mitsubishi Materials Corp. 232,471

Mitsubishi Motors Corp. 172,590

Mitsubishi UFJ Financial Group, Inc. 4,619,016

of 151

Mitsubishi UFJ Lease & Finance Co., Ltd. 179,924

Mitsui & Co., Ltd. 2,289,120

Mitsui Chemicals, Inc. 349,630

Mitsui Fudosan Co., Ltd. 1,543,503

Mitsui OSK Lines, Ltd. 184,624

Mizrahi Tefahot Bank, Ltd. 253,638

Mizuho Financial Group, Inc. 2,742,675

Moncler SpA 613,697

Mondi PLC 827,595

MonotaRO Co., Ltd. 414,433

Mowi ASA 756,138

MS&AD Insurance Group Holdings, Inc. 1,270,104

MTR Corp., Ltd. 677,807

MTU Aero Engines AG 762,025

Muenchener Rueckversicherungs-Gesellschaft AG 2,981,684

Murata Manufacturing Co., Ltd. 2,923,280

Nabtesco Corp. 320,226

Nagoya Railroad Co., Ltd. 512,959

National Australia Bank, Ltd. 3,410,339

National Grid PLC 3,634,283

Natixis SA 192,005

Naturgy Energy Group SA 499,997

NEC Corp. 916,539

Neste Oyj 1,559,827

Nestle SA 29,321,181

New World Development Co., Ltd. 564,511

Newcrest Mining, Ltd. 1,485,534


Next PLC 731,687

NGK Insulators, Ltd. 350,736

NGK Spark Plug Co., Ltd. 230,870

NH Foods, Ltd. 277,325

NICE, Ltd. 1,049,452

Nidec Corp. 2,504,993

Nikon Corp. 268,566

Nintendo Co., Ltd. 4,162,806

Nippon Building Fund, Inc. 765,616

Nippon Express Co., Ltd. 370,588

Nippon Paint Holdings Co., Ltd. 932,483

Nippon Prologis REIT, Inc. 513,329

Nippon Shinyaku Co., Ltd. 353,295

Nippon Steel Corp. 677,892

Nippon Telegraph & Telephone Corp. 2,651,302

Nippon Yusen KK 200,655

Nissan Chemical Corp. 503,841

Nissan Motor Co., Ltd. 786,678

Nisshin Seifun Group, Inc. 280,665

Nissin Foods Holdings Co., Ltd. 476,188

Nitori Holdings Co., Ltd. 1,324,050

Nitto Denko Corp. 785,488

NN Group NV 872,182

Nokia Oyj 2,030,916


Nomura Holdings, Inc. 1,298,967

Nomura Real Estate Holdings, Inc. 211,322

Nomura Real Estate Master Fund, Inc. 458,265

Nomura Research Institute, Ltd. 814,728

Nordea Bank Abp 2,000,899

Norsk Hydro ASA 312,391



Novozymes A/S, Class B 1,064,677

NSK, Ltd. 238,799

NTT Data Corp. 664,157

NTT DOCOMO, Inc. 3,320,104

NWS Holdings, Ltd. 112,587


Obayashi Corp. 547,524

OBIC Co., Ltd. 1,023,639

Ocado Group PLC 1,121,647

Odakyu Electric Railway Co., Ltd. 669,165

Oil Search, Ltd. 410,102

Oji Holdings Corp. 392,640

Olympus Corp. 1,842,568

Omron Corp. 1,121,660

OMV AG 444,254

Ono Pharmaceutical Co., Ltd. 963,116

of 151


Orange SA 2,193,694

Orica, Ltd. 421,829

Oriental Land Co., Ltd. 2,639,771

Origin Energy, Ltd. 621,826


ORIX Corp. 1,601,933

Orix JREIT, Inc. 346,111

Orkla ASA 615,481

Orsted A/S 2,026,652

Osaka Gas Co., Ltd. 681,554

Otsuka Corp. 458,821

Otsuka Holdings Co., Ltd. 1,608,789

Oversea-Chinese Banking Corp., Ltd. 1,828,919


Panasonic Corp. 1,797,214

Pandora A/S 454,415

Pargesa Holding SA 265,917

Park24 Co., Ltd. 206,025

Partners Group Holding AG 1,413,456

PCCW, Ltd. 212,614

Pearson PLC 406,622

PeptiDream, Inc. 386,211

Pernod Ricard SA 3,017,360


Persol Holdings Co., Ltd. 212,915

Peugeot SA 766,080

Pigeon Corp. 409,487

Pirelli & C SpA 163,695

Pola Orbis Holdings, Inc. 162,205

Porsche Automobil Holding SE (Preference Shares) 753,400



Prosus NV 3,692,848


Prudential PLC 3,086,021

Prysmian SpA 469,261

Publicis Groupe SA 560,182

Puma SE 536,021

Qantas Airways, Ltd. 175,132

QBE Insurance Group, Ltd. 769,668

QIAGEN NV 902,050

Raiffeisen Bank International AG 248,793

Rakuten, Inc. 710,065

Ramsay Health Care, Ltd. 752,077

Randstad NV 456,413

REA Group, Ltd. 317,034

Reckitt Benckiser Group PLC 5,774,711


Recruit Holdings Co., Ltd. 4,260,426


RELX PLC 4,097,740

Remy Cointreau SA 244,210

Renault SA 395,095

Renesas Electronics Corp. 363,540

Rentokil Initial PLC 1,037,031

Repsol SA 1,206,880

Resona Holdings, Inc. 686,034

Ricoh Co., Ltd. 451,994

Rinnai Corp. 261,078

Rio Tinto PLC 5,491,727

Rio Tinto, Ltd. 2,087,753


Rohm Co., Ltd. 566,304

Rolls-Royce Holdings PLC 533,612

Royal Bank of Scotland Group PLC 603,324

Royal Dutch Shell PLC, Class A 5,960,615

Royal Dutch Shell PLC, Class B 5,185,172

RSA Insurance Group PLC 459,557

RWE AG 1,750,900

Ryman Healthcare, Ltd. 273,360

Ryohin Keikaku Co., Ltd. 329,219

Safran SA 2,857,530

Sage Group PLC 848,703

Sampo Oyj, Class A 1,444,671

Sands China, Ltd. 866,705

Sandvik AB 1,709,720

of 151

Sankyo Co., Ltd. 105,660

Sanofi 10,008,176


Santos, Ltd. 568,661

SAP SE 11,135,683

Sartorius AG (Preference Shares) 1,200,446

Sartorius Stedim Biotech 684,686

SATS, Ltd. 116,015

SBI Holdings, Inc. 461,485


Schibsted ASA, Class B 214,714

Schindler Holding AG 425,094


Schneider Electric SE 5,019,328

Schroders PLC 414,716

SCOR SE 357,208

SEB SA 282,937

Secom Co., Ltd. 1,655,604

Securitas AB, Class B 379,027

SEEK, Ltd. 403,793

Sega Sammy Holdings, Inc. 206,055

Segro PLC 1,038,769

Seibu Holdings, Inc. 237,961

Seiko Epson Corp. 287,740

Sekisui Chemical Co., Ltd. 461,433

Sekisui House, Ltd. 1,079,106

Sembcorp Industries, Ltd. 86,655

SES SA FDR 245,653

Seven & i Holdings Co., Ltd. 2,348,277

Seven Bank, Ltd. 153,106

Severn Trent PLC 655,354

SG Holdings Co., Ltd. 425,091

SGS SA 1,295,509

Sharp Corp. 209,424

Shimadzu Corp. 547,031

Shimamura Co., Ltd. 147,826

Shimano, Inc. 1,232,065

Shimizu Corp. 455,813

Shin-Etsu Chemical Co., Ltd. 3,790,130

Shinsei Bank, Ltd. 226,128

Shionogi & Co., Ltd. 1,441,722

Shiseido Co., Ltd. 2,215,871

Shizuoka Bank, Ltd. 263,169

Showa Denko KK 294,399


Siemens Gamesa Renewable Energy SA 366,732

Siemens Healthineers AG 705,547

Sika AG 1,995,329

Singapore Airlines, Ltd. 314,329

Singapore Exchange, Ltd. 430,442

Singapore Press Holdings, Ltd. 132,332

Singapore Technologies Engineering, Ltd. 322,061

Singapore Telecommunications, Ltd. 1,313,750

Sino Land Co., Ltd. 324,828

SJM Holdings, Ltd. 202,220

Skandinaviska Enskilda Banken AB, Class A 1,290,304

Skanska AB, Class B 620,939

SKF AB, Class B 638,331

SMC Corp. 2,667,960

Smith & Nephew PLC 1,621,757

Smiths Group PLC 585,166

Smurfit Kappa Group PLC 672,153

Snam SpA 864,384

Societe Generale SA 1,091,764

Sodexo SA 543,095

Softbank Corp. 1,933,301

SoftBank Group Corp. 6,404,936

Sohgo Security Services Co., Ltd. 319,929

Solvay SA 514,724

Sompo Holdings, Inc. 1,089,530


Sonova Holding AG 1,094,840


Sony Financial Holdings, Inc. 332,851

South32, Ltd. 564,757


Spirax-Sarco Engineering PLC 820,532

of 151

Square Enix Holdings Co., Ltd. 403,099

SSE PLC 1,450,461

St James's Place PLC 554,412

Standard Chartered PLC 1,130,794

Standard Life Aberdeen PLC 685,907

Stanley Electric Co., Ltd. 289,726

STMicroelectronics NV 1,535,954

Stockland 509,892

Stora Enso Oyj, Class R 651,262

Straumann Holding AG 764,934

Subaru Corp. 1,235,263

Suez 353,993

SUMCO Corp. 347,099

Sumitomo Chemical Co., Ltd. 420,981

Sumitomo Corp. 1,304,819

Sumitomo Dainippon Pharma Co., Ltd. 205,214

Sumitomo Electric Industries, Ltd. 799,970

Sumitomo Heavy Industries, Ltd. 233,248


Sumitomo Mitsui Financial Group, Inc. 3,438,899

Sumitomo Mitsui Trust Holdings, Inc. 857,485

Sumitomo Realty & Development Co., Ltd. 843,218

Sumitomo Rubber Industries, Ltd. 158,822

Sun Hung Kai Properties, Ltd. 1,683,144

Suncorp Group, Ltd. 706,696

Sundrug Co., Ltd. 218,325

Suntec Real Estate Investment Trust 186,489

Suntory Beverage & Food, Ltd. 518,971

Suzuken Co., Ltd. 236,333

Suzuki Motor Corp. 1,169,501

Svenska Handelsbanken AB, Class A 1,344,513

Swatch Group AG 186,994


Swedbank AB, Class A 1,036,054

Swedish Match AB 1,076,889

Swire Pacific, Ltd., Class A 238,566

Swire Properties, Ltd. 236,973

Swiss Life Holding AG 1,078,669

Swiss Prime Site AG 644,415

Swiss Re AG 1,825,328

Swisscom AG 1,227,492

Sydney Airport 393,703

Symrise AG 1,277,697

Sysmex Corp. 1,215,258

T&D Holdings, Inc. 442,355

Tabcorp Holdings, Ltd. 392,153

Taiheiyo Cement Corp. 260,427

Taisei Corp. 639,407

Taisho Pharmaceutical Holdings Co., Ltd. 196,934

Taiyo Nippon Sanso Corp. 198,617

Takeda Pharmaceutical Co., Ltd. 5,307,202


TDK Corp. 1,106,105

Techtronic Industries Co., Ltd. 1,087,892

Teijin, Ltd. 265,411

Tele2 AB, Class B 606,602

Telecom Italia SpA 307,267

Telecom Italia SpA (RSP) 212,085

Telefonaktiebolaget LM Ericsson, Class B 2,552,163

Telefonica Deutschland Holding AG 249,894

Telefonica SA 2,006,378

Telenet Group Holding NV 172,999

Telenor ASA 997,615

Teleperformance 1,268,629

Telia Co AB 855,918


Temenos AG 913,644

Tenaris SA 268,432

Terna Rete Elettrica Nazionale SpA 866,365

Terumo Corp. 2,311,292

Tesco PLC 2,521,998

Teva Pharmaceutical Industries, Ltd. ADR 1,245,244

Thales SA 742,976

THK Co., Ltd. 286,459

thyssenkrupp AG 247,399

Tobu Railway Co., Ltd. 620,663

Toho Co., Ltd. 382,430

of 151

Toho Gas Co., Ltd. 329,604

Tohoku Electric Power Co., Inc. 402,991

Tokio Marine Holdings, Inc. 2,518,711

Tokyo Century Corp. 170,557

Tokyo Electric Power Co. Holdings, Inc. 468,165

Tokyo Electron, Ltd. 2,878,664

Tokyo Gas Co., Ltd. 813,794

Tokyu Corp. 720,152

Tokyu Fudosan Holdings Corp. 282,789

Toppan Printing Co., Ltd. 436,675

Toray Industries, Inc. 615,059

Toshiba Corp. 962,964

Tosoh Corp. 328,493

TOTAL SA 8,211,742

TOTO, Ltd. 511,095

Toyo Seikan Group Holdings, Ltd. 137,400

Toyo Suisan Kaisha, Ltd. 422,633

Toyoda Gosei Co., Ltd. 126,281

Toyota Industries Corp. 685,707

Toyota Motor Corp. 13,044,345

Toyota Tsusho Corp. 489,741

TPG Telecom, Ltd. 189,621

Transurban Group 2,373,058

Treasury Wine Estates, Ltd. 422,332

Trend Micro, Inc. 632,579

Tryg A/S 308,722

Tsuruha Holdings, Inc. 488,287

TUI AG 218,867

Ubisoft Entertainment SA 639,166

UBS Group AG 3,784,110

UCB SA 1,153,138

Umicore SA 797,477


Unicharm Corp. 1,369,861

UniCredit SpA 1,567,552


Unilever PLC 5,416,035

Uniper SE 569,326


United Overseas Bank, Ltd. 1,588,767






United Urban Investment Corp. 286,773

United Utilities Group PLC 706,189

UOL Group, Ltd. 205,411

UPM-Kymmene Oyj 1,406,573

USS Co., Ltd. 348,775

Valeo SA 542,716

Venture Corp., Ltd. 272,965

Veolia Environnement SA 1,076,536

Verbund AG 276,608

Vestas Wind Systems A/S 1,760,590

Vicinity Centres 308,830

Vifor Pharma AG 631,726

Vinci SA 4,340,823


Vivendi SA 1,716,779

Vodafone Group PLC 4,020,887

voestalpine AG 206,434

Volkswagen AG 464,928

Volkswagen AG (Preference Shares) 2,475,689

Volvo AB, Class B 1,922,507


Wartsila Oyj Abp 316,372

Washington H. Soul Pattinson & Co., Ltd. 137,637

Weir Group PLC 283,877

Welcia Holdings Co., Ltd. 360,414

Wendel SA 226,990

Wesfarmers, Ltd. 2,750,255

West Japan Railway Co. 955,616

Westpac Banking Corp. 3,682,035

WH Group, Ltd. 755,056

Wharf Real Estate Investment Co., Ltd. 424,701

Wheelock & Co., Ltd. 501,971

of 151

Whitbread PLC 381,894


Wilmar International, Ltd. 495,863

Wirecard AG 1,126,260

WiseTech Global, Ltd. 177,434

Wix.com, Ltd. 982,921

WM Morrison Supermarkets PLC 506,131

Wolters Kluwer NV 1,985,126

Woodside Petroleum, Ltd. 1,277,764

Woolworths Group, Ltd. 2,688,044

Worldline SA 936,189

Worley, Ltd. 169,631

WPP PLC 872,383

Wynn Macau, Ltd. 241,207

Yakult Honsha Co., Ltd. 661,719

Yamada Denki Co., Ltd. 278,324

Yamaha Corp. 633,140

Yamaha Motor Co., Ltd. 368,618

Yamato Holdings Co., Ltd. 622,521

Yamazaki Baking Co., Ltd. 196,828

Yangzijiang Shipbuilding Holdings, Ltd. 145,284

Yara International ASA 553,639

Yaskawa Electric Corp. 788,113

Yokogawa Electric Corp. 300,153

Yokohama Rubber Co., Ltd. 161,849

Yue Yuen Industrial Holdings, Ltd. 94,805

Z Holdings Corp. 986,844

Zalando SE 851,762

ZOZO, Inc. 182,405

Zurich Insurance Group AG 4,404,697

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

mini MSCI EAFE Index Long June 2020 4,449,363

VALIC Company I - International Government Bond Fund - (unaudited)

May 31, 2020


Abu Dhabi Government 3.88 04/16/2050 244,831

Adani Green Energy UP, Ltd./Prayatna Developers Pvt, Ltd./Parampujya Solar Energy 6.25 12/10/2024 235,003

Arab Republic of Egypt 5.63 04/16/2030 489,821










Banco de Credito e Inversiones SA 3.50 10/12/2027 524,971


BRF SA 4.88 01/24/2030 278,250

Centrais Eletricas Brasileiras SA 3.63 02/04/2025 186,200

China Minmetals Corp. 3.75 12/31/2099 427,828

Chinalco Capital Holdings, Ltd. 4.25 04/21/2022 441,688




Commonwealth of Australia 2.50 05/21/2030 768,806




CRCC Chengan, Ltd. 3.97 12/31/2099 300,125

Dominican Republic 5.88 01/30/2060 380,250



Dominican Republic 6.85 01/27/2045 1,280,950

Ecopetrol SA 5.88 05/28/2045 182,002

Emirate of Abu Dhabi 3.13 10/11/2027 1,128,750

Empresa Nacional del Petroleo 5.25 11/06/2029 329,386

Energuate Trust 5.88 05/03/2027 191,276

Equate Petrochemical BV 4.25 11/03/2026 297,305

of 151

Federal Republic of Germany 0.50 02/15/2028 1,202,429



Federal Republic of Germany 4.75 07/04/2034 95,973

Federal Republic of Nigeria 7.63 11/28/2047 305,250

Globo Comunicacao e Participacoes SA 4.88 01/22/2030 344,400


Government of France 0.50 05/25/2029 1,230,873


Government of France 1.75 05/25/2066 385,088


Government of France 5.50 04/25/2029 752,766


Government of Japan 0.10 06/20/2028 1,410,914



Government of Japan 1.30 06/20/2035 804,857











Government of Malaysia 3.89 08/15/2029 499,892

Government of Romania 4.63 04/03/2049 621,229

Government of Ukraine 4.38 01/27/2030 904,738





Grupo Aval, Ltd. 4.38 02/04/2030 331,920

Huarong Finance 2019 Co., Ltd. 3.75 05/29/2024 303,660

Huarong Finance II Co., Ltd. 4.63 06/03/2026 210,797

Islamic Republic of Pakistan 6.88 12/05/2027 948,680

Islamic Republic of Pakistan 8.25 04/15/2024 550,000

Kingdom of Bahrain 5.63 09/30/2031 395,459



Kingdom of Bahrain 7.00 10/12/2028 1,044,250



Kingdom of Saudi Arabia 3.25 10/22/2030 1,030,860

Kingdom of Saudi Arabia 4.50 04/22/2060 552,330

Kingdom of Spain 1.30 10/31/2026 1,192,869

Kingdom of Spain 1.40 04/30/2028 1,204,624

Kingdom of Spain 5.15 10/31/2044 810,978

Lamar Funding, Ltd. 3.96 05/07/2025 246,413

MEGlobal Canada ULC 5.88 05/18/2030 249,394

Mexico City Airport Trust 4.25 10/31/2026 549,300

Millicom International Cellular SA 6.63 10/15/2026 211,422

Oriental Republic of Uruguay 4.98 04/20/2055 425,691

Pertamina Persero PT 6.50 05/27/2041 355,421

Perusahaan Listrik Negara PT 4.13 05/15/2027 207,500

Petkim Petrokimya Holding AS 5.88 01/26/2023 287,910

Petroleos Mexicanos 5.35 02/12/2028 521,376




Philippine National Bank 3.28 09/27/2024 300,017

PT Pelabuhan Indonesia II 4.25 05/05/2025 404,000

Republic of Angola 8.00 11/26/2029 1,108,010

Republic of Angola 9.13 11/26/2049 520,260

Republic of Angola 9.50 11/12/2025 274,803

Republic of Armenia 3.95 09/26/2029 258,437

Republic of Cameroon 9.50 11/19/2025 821,156

Republic of Chile 3.50 01/25/2050 374,500




Republic of Croatia 6.38 03/24/2021 434,280

Republic of El Salvador 6.38 01/18/2027 345,454

Republic of El Salvador 7.65 06/15/2035 731,259

Republic of Georgia 6.88 04/12/2021 276,750

of 151




Republic of Guatemala 4.90 06/01/2030 421,000

Republic of Guatemala 5.38 04/24/2032 541,000

Republic of Honduras 6.25 01/19/2027 1,105,136



Republic of Ireland 1.00 05/15/2026 711,600















Republic of Ivory Coast 5.75 12/31/2032 1,514,299

Republic of Ivory Coast 6.13 06/15/2033 1,277,856

Republic of Ivory Coast 6.38 03/03/2028 539,110

Republic of Ivory Coast 6.63 03/22/2048 485,925

Republic of Kenya 6.88 06/24/2024 1,057,650

Republic of Kenya 7.00 05/22/2027 400,134

Republic of Kenya 8.25 02/28/2048 373,760

Republic of Panama 3.87 07/23/2060 546,250






Republic of Paraguay 4.95 04/28/2031 698,750

Republic of Paraguay 5.40 03/30/2050 496,580

Republic of Philippines 2.95 05/05/2045 726,934




Republic of Poland 2.75 04/25/2028 561,349

Republic of Serbia 3.13 05/15/2027 1,163,111

Republic of South Africa 4.30 10/12/2028 502,523




Republic of Sri Lanka 5.75 04/18/2023 432,000






Republic of the Philippines 0.70 02/03/2029 1,024,021

Republic of Turkey 5.13 02/17/2028 619,500




Saka Energi Indonesia PT 4.45 05/05/2024 340,011

Southern Copper Corp. 3.88 04/23/2025 319,694

SPIC Luxembourg Latin America Renewable Energy Investment Co. SARL 4.65 10/30/2023 393,203

State of Qatar 3.40 04/16/2025 512,515

State of Qatar 4.40 04/16/2050 1,046,109

State of Qatar 4.82 03/14/2049 490,123

State of Qatar 5.10 04/23/2048 547,529


Stillwater Mining Co. 7.13 06/27/2025 308,438

Sultanate of Oman 4.75 06/15/2026 512,864



Termocandelaria Power, Ltd. 7.88 01/30/2029 561,028

Tullow Oil PLC 7.00 03/01/2025 168,750

United Kingdom Gilt Treasury 1.63 10/22/2028 559,247




of 151







































Yingde Gases Investment, Ltd. 6.25 01/19/2023 408,370

VALIC Company I - International Growth Fund - (unaudited)

May 31, 2020


adidas AG 6,959,390

Adyen NV 10,563,042




Brookfield Asset Management, Inc., Class A 10,342,026

Brookfield Infrastructure Corp., Class A 1,529,373

Brookfield Infrastructure Partners LP 12,895,522

Calbee, Inc. 8,813,075

Canada Goose Holdings, Inc. 11,395,639

Chocoladefabriken Lindt & Spruengli AG 8,606,883

Chr. Hansen Holding A/S 14,125,052

Constellation Software, Inc. 4,473,099

Dassault Systemes SE 7,767,305

Davide Campari-Milano SpA 7,261,498

Davide Campari-Milano SpA 0

Diageo PLC 5,464,355

DSV PANALPINA A/S 30,182,587

EPAM Systems, Inc. 30,263,658

Foshan Haitian Flavouring & Food Co., Ltd., Class A 17,775,794

HDFC Bank, Ltd. 20,203,444



Kotak Mahindra Bank, Ltd. 5,528,705

Kuehne & Nagel International AG 5,906,952

Moncler SpA 25,786,884

Over the Counter Purchased Call Options 06/16/2020 6,215

Over the Counter Purchased Call Options 09/21/2020 161,697

Pernod Ricard SA 7,014,949

Pigeon Corp. 15,755,483

Rightmove PLC 18,468,432

Straumann Holding AG 7,803,135

of 151


TAL Education Group ADR 17,603,607

Vitrolife AB 12,834,907

Over the Counter Options Purchased

Description Exercise Price ($) Expiration Date

Unrealized

Appreciation

(Depreciation) ($)

Call option to sell Chinese Yuan in exchange for U.S. Dollars 7.85 06/16/2020 (472,447)

Call option to sell Chinese Yuan in exchange for U.S. Dollars 8.09 09/21/2020 (312,327)

VALIC Company I - International Socially Responsible Fund - (unaudited)

May 31, 2020


3i Group PLC 762,598

a2 Milk Co., Ltd. 339,553

ABB, Ltd. 2,148,968

ABN AMRO Group NV CVA 325,669

Accor SA 174,477

Adecco Group AG 314,832


Adyen NV 148,664

Aegon NV 429,565

Aena SME SA 650,767

Aeon Co., Ltd. 823,372

AerCap Holdings NV 299,832

Aeroports de Paris 236,555

Ageas 87,794



Air Liquide SA 3,072,363

Ajinomoto Co., Inc. 469,071

Akzo Nobel NV 981,771

Alcon, Inc. 1,497,068

Allianz SE 1,768,256

Amadeus IT Group SA 915,514

Ampol, Ltd. 420,601

Antofagasta PLC 836,125

Aozora Bank, Ltd. 42,795

APA Group 579,484

Arkema SA 306,382


Ashtead Group PLC 939,557


Assa Abloy AB, Class B 534,234

Assicurazioni Generali SpA 1,492,173


ASX, Ltd. 537,092

Atlas Copco AB, Class B 1,325,793

Atos SE 316,312

Auckland International Airport, Ltd. 115,976



Aviva PLC 1,184,458

AXA SA 2,112,432

Baloise Holding AG 453,484


Banco Espirito Santo SA 0

Bank Hapoalim BM 359,768

Bank Leumi Le-Israel BM 396,781

Bankia SA 113,685

Bankinter SA 123,645


Beiersdorf AG 822,321

BeiGene, Ltd. ADR 52,476


BGP Holdings PLC 0


BOC Hong Kong Holdings, Ltd. 355,056

Boliden AB 582,018

Bouygues SA 649,558

Brambles, Ltd. 489,105

Brenntag AG 126,175

Bridgestone Corp. 880,508


of 151

BT Group PLC 653,075

Bunzl PLC 621,257


Bureau Veritas SA 239,114

CaixaBank SA 324,726

Canon, Inc. 847,014

Capgemini SE 759,943

CapitaLand, Ltd. 407,535

Carrefour SA 475,448

Casino Guichard Perrachon SA 145,266

Cellnex Telecom SA 159,478

Central Japan Railway Co. 1,267,398

Centrica PLC 193,021


Chiba Bank, Ltd. 37,588

Chr. Hansen Holding A/S 250,090

Chubu Electric Power Co., Inc. 375,809


Cie de Saint-Gobain 771,044

Cie Generale des Etablissements Michelin SCA 844,300

City Developments, Ltd. 113,955

CK Asset Holdings, Ltd. 570,617

CK Hutchison Holdings, Ltd. 389,161

CK Infrastructure Holdings, Ltd. 40,063

CNH Industrial NV 415,415

CNP Assurances 229,426


Coca-Cola European Partners PLC 328,518

Coca-Cola HBC AG 619,995

Coles Group, Ltd. 480,208

Colruyt SA 263,972


Commerzbank AG 267,943

Compass Group PLC 994,637

Computershare, Ltd. 141,532


Continental AG 556,782

Covestro AG 197,049

Covivio 119,433

CRH PLC 899,519

Croda International PLC 878,414

CSL, Ltd. 2,737,364

Dai Nippon Printing Co., Ltd. 129,693

Dai-ichi Life Holdings, Inc. 459,155


Daikin Industries, Ltd. 1,089,595

Dairy Farm International Holdings, Ltd. 116,356

Danone SA 2,680,903

Dassault Systemes SE 928,580

DBS Group Holdings, Ltd. 1,164,656

DCC PLC 666,243

Delivery Hero SE 113,001

Demant A/S 73,796

Denso Corp. 813,762

Dentsu Group, Inc. 201,207

Deutsche Boerse AG 1,095,131

Deutsche Wohnen SE 769,728

Dexus 168,182


DSV PANALPINA A/S 551,210

East Japan Railway Co. 1,279,042

Edenred 407,966

EDP - Energias de Portugal SA 913,702

Eiffage SA 548,447

Eisai Co., Ltd. 815,257

Elisa Oyj 302,963


Enagas SA 666,280

Epiroc AB, Class A 254,398


Erste Group Bank AG 271,898

EssilorLuxottica SA 1,719,777

Essity AB, Class B 1,260,108

Eurazeo SE 245,054

Eutelsat Communications SA 112,053

Evonik Industries AG 99,251

Evraz PLC 373,406

of 151

EXOR NV 435,216

FamilyMart Co., Ltd. 185,828

FANUC Corp. 1,017,789


Ferrari NV 803,187

Ferrovial SA 105,644

Ferrovial SA 1,462

FinecoBank Banca Fineco SpA 152,994



Fletcher Building, Ltd. 30,587

Fortescue Metals Group, Ltd. 650,391

Fraport AG Frankfurt Airport Services Worldwide 72,088

FUJIFILM Holdings Corp. 559,037

Galapagos NV 148,149

Galp Energia SGPS SA 747,468

Geberit AG 994,374

Gecina SA 202,023

Genmab A/S 623,844

Getlink SE 378,800

Givaudan SA 1,993,423

Goodman Group 519,861

GPT Group 162,949

Grifols SA 603,309

Groupe Bruxelles Lambert SA 1,026,293

H. Lundbeck A/S 144,353

Halma PLC 577,525

Hang Lung Properties, Ltd. 181,374

Hang Seng Bank, Ltd. 335,618

Hankyu Hanshin Holdings, Inc. 340,067

Hannover Rueck SE 263,300


HeidelbergCement AG 384,969

Henderson Land Development Co., Ltd. 382,543

Henkel AG & Co. KGaA 334,305


Hennes & Mauritz AB, Class B 416,542


Hexagon AB, Class B 303,684

Hisamitsu Pharmaceutical Co., Inc. 287,563

Hitachi Metals, Ltd. 392,521

Hitachi, Ltd. 828,104

Hong Kong & China Gas Co., Ltd. 845,842

Hong Kong Exchanges & Clearing, Ltd. 1,039,162

Hongkong Land Holdings, Ltd. 207,912

Hoya Corp. 1,004,330

Idemitsu Kosan Co., Ltd. 206,539

Iliad SA 126,847

Industrivarden AB, Class C 66,839

Infineon Technologies AG 481,316

Informa PLC 650,049

ING Groep NV 826,419

Inpex Corp. 480,425

Insurance Australia Group, Ltd. 251,621

InterContinental Hotels Group PLC 485,380

Intertek Group PLC 877,772

Investor AB, Class B 1,557,590

Ipsen SA 284,231

Isetan Mitsukoshi Holdings, Ltd. 194,973

Isuzu Motors, Ltd. 181,995

ITV PLC 338,614

J Sainsbury PLC 590,940

J. Front Retailing Co., Ltd. 44,220

Jardine Cycle & Carriage, Ltd. 166,223


Jardine Strategic Holdings, Ltd. 176,064


JFE Holdings, Inc. 694,638

Johnson Matthey PLC 434,151

Julius Baer Group, Ltd. 579,616

Just Eat Takeaway.com NV 218,316

JXTG Holdings, Inc. 601,541

Kajima Corp. 255,446

Kao Corp. 1,388,800

KBC Group NV 647,050


Keikyu Corp. 6,689

of 151

Keio Corp. 118,865

Keppel Corp., Ltd. 508,385

Kerry Group PLC, Class A 1,239,233



Kintetsu Group Holdings Co., Ltd. 378,189


Knorr-Bremse AG 79,616

Kobayashi Pharmaceutical Co., Ltd. 35,639

Komatsu, Ltd. 591,529

Kone Oyj, Class B 970,147

Koninklijke DSM NV 1,004,031

Koninklijke KPN NV 440,615

Koninklijke Vopak NV 715,467

Kose Corp. 162,961

Kubota Corp. 432,199

Kuehne & Nagel International AG 857,685

Kyocera Corp. 335,920

Kyowa Kirin Co., Ltd. 681,307


LANXESS AG 73,370

Lawson, Inc. 143,826

Legal & General Group PLC 723,158

Legrand SA 894,677

Link REIT 380,246

Lion Corp. 96,084

LIXIL Group Corp. 41,937

London Stock Exchange Group PLC 1,628,059


L'Oreal SA 3,917,623

M&G PLC 33,070

M3, Inc. 48,388

Macquarie Group, Ltd. 1,168,876



Maruichi Steel Tube, Ltd. 184,449

Mazda Motor Corp. 261,291

Mediobanca Banca di Credito Finanziario SpA 366,670

MEIJI Holdings Co., Ltd. 617,216

Melrose Industries PLC 325,712

Merck KGaA 1,408,084


Metso Oyj 128,367



Mitsubishi Corp. 1,273,118

Mitsubishi Electric Corp. 758,127

Mitsubishi Estate Co., Ltd. 598,644

Mitsui & Co., Ltd. 1,385,320

Mitsui Fudosan Co., Ltd. 714,906

Moncler SpA 184,524

Mondi PLC 529,922

Mowi ASA 543,261

MS&AD Insurance Group Holdings, Inc. 385,147

MTR Corp., Ltd. 371,467


Murata Manufacturing Co., Ltd. 821,649

National Grid PLC 2,238,368

Natixis SA 279,107

Neste Oyj 890,155

New World Development Co., Ltd. 328,792

Newcrest Mining, Ltd. 838,533


Next PLC 584,384

NGK Spark Plug Co., Ltd. 20,988

NH Foods, Ltd. 88,744

NICE, Ltd. 418,741

Nidec Corp. 812,430

Nikon Corp. 10,117

Nintendo Co., Ltd. 1,293,299

Nippon Express Co., Ltd. 123,529

Nippon Paint Holdings Co., Ltd. 62,629

Nippon Shinyaku Co., Ltd. 129,254

Nippon Steel Corp. 1,054,191

Nippon Telegraph & Telephone Corp. 1,132,068

Nisshin Seifun Group, Inc. 255,717

Nissin Foods Holdings Co., Ltd. 167,084

of 151

Nitori Holdings Co., Ltd. 362,753

NN Group NV 876,770

Nokia Oyj 774,051


Nordea Bank Abp 1,011,959


Novozymes A/S, Class B 234,720

NTT DOCOMO, Inc. 1,165,045


Ocado Group PLC 366,433

Odakyu Electric Railway Co., Ltd. 142,328

Oil Search, Ltd. 404,892

OMV AG 509,357

Ono Pharmaceutical Co., Ltd. 1,008,843

Oriental Land Co., Ltd. 783,229

Origin Energy, Ltd. 479,063


ORIX Corp. 781,042

Orkla ASA 615,364

Orsted A/S 870,281

Osaka Gas Co., Ltd. 561,633

Otsuka Holdings Co., Ltd. 1,342,164

Oversea-Chinese Banking Corp., Ltd. 959,453


Panasonic Corp. 587,050

Pandora A/S 185,990

Pargesa Holding SA 831,663

Partners Group Holding AG 992,161

Pearson PLC 375,826


Pigeon Corp. 226,193



Prosus NV 1,789,392


Prudential PLC 853,359

Publicis Groupe SA 327,501

Puma SE 119,786

QBE Insurance Group, Ltd. 215,388

QIAGEN NV 788,257

Rakuten, Inc. 245,757

Ramsay Health Care, Ltd. 433,905


Recruit Holdings Co., Ltd. 1,045,414


RELX PLC 2,106,415

Rentokil Initial PLC 793,639

Repsol SA 1,542,683

Resona Holdings, Inc. 353,466

RSA Insurance Group PLC 411,559

Ryohin Keikaku Co., Ltd. 75,717

Sage Group PLC 691,558

Sampo Oyj, Class A 652,524

Sandvik AB 603,324


Santos, Ltd. 387,025

SAP SE 4,157,765

Sartorius AG (Preference Shares) 232,596

Sartorius Stedim Biotech 715,153




Schneider Electric SE 2,084,528

Schroders PLC 647,570

SCOR SE 145,998

Secom Co., Ltd. 563,425

Segro PLC 706,714

Sekisui House, Ltd. 209,720

SES SA FDR 103,437

SG Holdings Co., Ltd. 75,047

SGS SA 810,282

Shimano, Inc. 331,003

Shin-Etsu Chemical Co., Ltd. 1,302,490

Shionogi & Co., Ltd. 963,118

Shiseido Co., Ltd. 781,354

Shizuoka Bank, Ltd. 28,675

Siemens Healthineers AG 712,266

of 151

Sika AG 1,075,162


Skandinaviska Enskilda Banken AB, Class A 661,535

SMC Corp. 755,083

Smith & Nephew PLC 1,166,010

Smiths Group PLC 755,832

Snam SpA 1,327,244

Sodexo SA 257,987

Softbank Corp. 687,114

SoftBank Group Corp. 1,953,820

Solvay SA 277,629


Sonova Holding AG 509,504



Spirax-Sarco Engineering PLC 638,042

SSE PLC 1,115,118

St James's Place PLC 666,736


Stockland 202,023

Stora Enso Oyj, Class R 370,958

Straumann Holding AG 368,633

Suez 377,544

Sumitomo Chemical Co., Ltd. 139,085

Sumitomo Corp. 766,973

Sumitomo Dainippon Pharma Co., Ltd. 188,231

Sumitomo Electric Industries, Ltd. 502,605


Sumitomo Mitsui Financial Group, Inc. 1,987,434

Sumitomo Mitsui Trust Holdings, Inc. 618,803

Sumitomo Realty & Development Co., Ltd. 307,886

Sun Hung Kai Properties, Ltd. 850,248

Suncorp Group, Ltd. 374,979

Suntory Beverage & Food, Ltd. 347,343

Svenska Handelsbanken AB, Class A 753,932


Swire Pacific, Ltd., Class A 162,540

Swire Properties, Ltd. 120,714

Swiss Life Holding AG 1,051,499

Swiss Prime Site AG 474,057

Swiss Re AG 1,266,443

Swisscom AG 1,489,038

Sydney Airport 317,524

Symrise AG 415,022

Sysmex Corp. 375,771

Taisho Pharmaceutical Holdings Co., Ltd. 438,338


Telefonaktiebolaget LM Ericsson, Class B 850,669

Telefonica Deutschland Holding AG 329,873

Telefonica SA 1,164,938

Telenor ASA 559,827


Temenos AG 374,880

Tenaris SA 557,933

Terna Rete Elettrica Nazionale SpA 958,051

Terumo Corp. 750,777

Tobu Railway Co., Ltd. 141,866

Toho Gas Co., Ltd. 29,517

Tohoku Electric Power Co., Inc. 185,438

Tokio Marine Holdings, Inc. 815,005

Tokyo Electron, Ltd. 599,722

Tokyo Gas Co., Ltd. 594,237

Tokyu Corp. 293,454

Toppan Printing Co., Ltd. 138,709

Toray Industries, Inc. 205,020

TOTO, Ltd. 31,696

Toyo Suisan Kaisha, Ltd. 109,572

Toyota Industries Corp. 455,432

Toyota Motor Corp. 5,571,610

Toyota Tsusho Corp. 131,951

Transurban Group 1,137,276

TUI AG 188,270

Ubisoft Entertainment SA 80,080

UCB SA 1,136,701

Umicore SA 221,709


Unicharm Corp. 785,437

of 151


United Overseas Bank, Ltd. 916,969








United Utilities Group PLC 1,006,774

UPM-Kymmene Oyj 774,830

Veolia Environnement SA 821,122

Vestas Wind Systems A/S 545,910

Vicinity Centres 177,060

Vifor Pharma AG 712,599


voestalpine AG 465,776

Volvo AB, Class B 861,242


Washington H. Soul Pattinson & Co., Ltd. 36,718

Weir Group PLC 189,828

Welcia Holdings Co., Ltd. 58,672

Wendel SA 185,569

West Japan Railway Co. 484,265

WH Group, Ltd. 367,770

Wharf Real Estate Investment Co., Ltd. 189,185

Wheelock & Co., Ltd. 495,187



Wirecard AG 349,696

Wix.com, Ltd. 68,255

WM Morrison Supermarkets PLC 842,745

Wolters Kluwer NV 895,560

Woodside Petroleum, Ltd. 1,255,173

Worldline SA 241,389

Worley, Ltd. 81,026

WPP PLC 547,422

Yakult Honsha Co., Ltd. 386,003

Yamazaki Baking Co., Ltd. 155,673

Yara International ASA 80,436

Z Holdings Corp. 333,310

Zalando SE 285,424

Zurich Insurance Group AG 3,577,401

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

MSCI EAFE Index Long June 2020 4,620,016

VALIC Company I - International Value Fund - (unaudited)

May 31, 2020


Advance Auto Parts, Inc. 8,059,105

Alibaba Group Holding, Ltd. 14,139,621

Alps Alpine Co., Ltd. 5,454,938

Berry Global Group, Inc. 18,269,613

Check Point Software Technologies, Ltd. 15,976,835

China Mobile, Ltd. 4,563,795

Cie de Saint-Gobain 13,553,657

CIMB Group Holdings Bhd 2,498,911

Coway Co, Ltd. 13,449,068

Daiwa Securities Group, Inc. 13,268,270

DNB ASA 17,219,302

Fresnillo PLC 6,433,444

Gentex Corp. 15,961,696

Greencore Group PLC 9,282,520

Hana Financial Group, Inc. 16,140,547

Hitachi, Ltd. 13,419,774

Hollysys Automation Technologies, Ltd. 8,470,331

Home Capital Group, Inc. 4,490,790

John Wood Group PLC 9,619,006

Keppel Corp., Ltd. 12,062,825

Kingfisher PLC 6,694,976


of 151

LafargeHolcim, Ltd. 11,869,919

LONGi Green Energy Technology Co., Ltd., Class A 1,736,514

Lundin Mining Corp. 13,743,919

Man Group PLC 3,595,886

Melrose Industries PLC 7,848,456

METRO AG 3,226,158

Midea Group Co., Ltd. 15,208,169

Mitsubishi UFJ Financial Group, Inc. 13,563,638

Mobile TeleSystems PJSC ADR 10,898,153


NN Group NV 17,385,093


OCI NV 7,454,759

Oppein Home Group, Inc., Class A 8,396,240

Orange SA 17,532,879

Prysmian SpA 15,446,526

Qantas Airways, Ltd. 9,549,720

Rheinmetall AG 13,881,818


Sanofi 16,587,644

SAP SE 11,609,693

Sensata Technologies Holding PLC 3,432,525

Shanghai Pharmaceuticals Holding Co., Ltd. 9,113,735

Siam Commercial Bank PCL 3,860,516


SK Telecom Co., Ltd. 12,104,845

Smiths Group PLC 17,575,925


Takeda Pharmaceutical Co., Ltd. 17,599,819

Tech Mahindra, Ltd. 10,226,197

Xinyi Glass Holdings, Ltd. 13,261,630



Unrealized

Appreciation

(Depreciation) ($)


VALIC Company I - Large Cap Core Fund - (unaudited)

May 31, 2020



Activision Blizzard, Inc. 1,737,165

Adobe, Inc. 2,737,128






American Electric Power Co., Inc. 1,342,261




Aon PLC 1,407,602

Apple, Inc. 9,928,630


Automatic Data Processing, Inc. 1,513,974

AutoZone, Inc. 1,056,031



BlackRock, Inc. 2,679,148

Canadian Natural Resources, Ltd. 1,383,437

Carrier Global Corp. 1,240,543












eBay, Inc. 2,113,967

of 151

EOG Resources, Inc. 1,288,522



FirstEnergy Corp. 616,362











Lyft, Inc., Class A 629,264





Merck & Co., Inc. 2,449,448


Mondelez International, Inc., Class A 2,141,611


Newmont Corp. 2,200,226




Palo Alto Networks, Inc. 1,005,779





Principal Financial Group, Inc. 414,702




Stanley Black & Decker, Inc. 1,572,516


TE Connectivity, Ltd. 1,348,344

T-Mobile US, Inc. 1,581,632

Uber Technologies, Inc. 1,119,019




Western Digital Corp. 995,885

VALIC Company I - Large Capital Growth Fund - (unaudited)

May 31, 2020




adidas AG 8,313,559




Amphenol Corp., Class A 10,837,508


Aon PLC 13,979,314

Apple, Inc. 20,011,144


Blackstone Group, Inc., Class A 4,308,678


Canadian Pacific Railway, Ltd. 3,919,755


Church & Dwight Co., Inc. 10,508,749



Colgate-Palmolive Co. 13,103,086



Dollarama, Inc. 7,084,741

Ecolab, Inc. 2,683,823



Estee Lauder Cos., Inc., Class A 6,720,694

of 151




LVMH Moet Hennessy Louis Vuitton SE 7,673,782





Moody's Corp. 7,446,566


Nordson Corp. 4,809,706














TJX Cos., Inc. 3,267,585


Verisk Analytics, Inc. 2,828,153

VF Corp. 3,462,829


VALIC Company I - Mid Cap Index Fund - (unaudited)

May 31, 2020


Aaron's, Inc. 4,267,534

Acadia Healthcare Co., Inc. 4,362,911

ACI Worldwide, Inc. 5,489,358

Acuity Brands, Inc. 5,877,239

Adient PLC 2,549,391

Adtalem Global Education, Inc. 3,110,676

AECOM 10,485,889

Affiliated Managers Group, Inc. 5,651,708

AGCO Corp. 5,960,698

Alleghany Corp. 12,715,131

Allegheny Technologies, Inc. 1,884,324

ALLETE, Inc. 5,224,621

Allscripts Healthcare Solutions, Inc. 1,766,788

AMC Networks, Inc., Class A 2,145,269


American Campus Communities, Inc. 7,641,469

American Eagle Outfitters, Inc. 2,504,884

American Financial Group, Inc. 7,762,948

Antero Midstream Corp. 2,444,459

Apergy Corp. 1,209,639

AptarGroup, Inc. 12,260,363

Arcosa, Inc. 38

Arrow Electronics, Inc. 9,687,503

Arrowhead Pharmaceuticals, Inc. 5,556,822

ASGN, Inc. 5,599,085

Ashland Global Holdings, Inc. 6,964,358

Associated Banc-Corp 3,843,615

AutoNation, Inc. 4,002,364

Avanos Medical, Inc. 2,398,089

Avis Budget Group, Inc. 2,107,227

Avnet, Inc. 4,735,184

Axon Enterprise, Inc. 7,760,909

BancorpSouth Bank 3,672,596

Bank of Hawaii Corp. 4,460,771

Bank OZK 4,680,934

Bed Bath & Beyond, Inc. 1,584,249

Belden, Inc. 2,264,579

Bio-Rad Laboratories, Inc., Class A 18,278,578

Bio-Techne Corp. 17,376,176

BJ's Wholesale Club Holdings, Inc. 7,572,312

Black Hills Corp. 6,529,473

Blackbaud, Inc. 4,963,505

of 151

Boston Beer Co., Inc., Class A 8,961,136

Boyd Gaming Corp. 2,946,314

Brighthouse Financial, Inc. 5,589,223

Brinker International, Inc. 1,695,464

Brink's Co. 3,453,853

Brixmor Property Group, Inc. 5,723,060

Brown & Brown, Inc. 16,185,766

Brunswick Corp. 7,726,210

Cable One, Inc. 16,327,259

Cabot Corp. 3,504,203

Cabot Microelectronics Corp. 7,258,935

CACI International, Inc., Class A 10,812,881

Caesars Entertainment Corp. 10,945,528

Camden Property Trust 15,266,642

Cantel Medical Corp. 2,714,581

Carlisle Cos., Inc. 11,695,579

Carpenter Technology Corp. 1,920,126

Carter's, Inc. 6,530,019

Casey's General Stores, Inc. 10,116,020


Cathay General Bancorp 3,544,896

CDK Global, Inc. 8,216,498

Ceridian HCM Holding, Inc. 11,950,804

Charles River Laboratories International, Inc. 15,107,430

Cheesecake Factory, Inc. 1,518,657

Chemed Corp. 13,189,171

Chemours Co. 3,690,583

Choice Hotels International, Inc. 4,420,916

Churchill Downs, Inc. 8,097,779

Ciena Corp. 14,718,446

Cimarex Energy Co. 4,606,674

Cinemark Holdings, Inc. 2,758,741

Cirrus Logic, Inc. 7,212,920

CIT Group, Inc. 2,958,453

Clean Harbors, Inc. 5,250,254

CNO Financial Group, Inc. 3,734,257

CNX Resources Corp. 3,273,619

Cognex Corp. 16,695,348

Coherent, Inc. 6,038,413

Colfax Corp. 4,039,293

Columbia Sportswear Co. 3,652,489

Commerce Bancshares, Inc. 11,379,884

Commercial Metals Co. 3,505,548

CommVault Systems, Inc. 2,929,587

Compass Minerals International, Inc. 2,810,821

CoreCivic, Inc. 2,466,800

CoreLogic, Inc. 6,785,408

CoreSite Realty Corp. 8,662,633

Corporate Office Properties Trust 4,817,662

Cousins Properties, Inc. 7,863,682

Cracker Barrel Old Country Store, Inc. 4,437,860

Crane Co. 4,891,046

Cree, Inc. 9,771,413

Cullen/Frost Bankers, Inc. 7,447,035

Curtiss-Wright Corp. 7,372,050

CyrusOne, Inc. 14,489,089

Dana, Inc. 3,132,280

Darling Ingredients, Inc. 6,570,413

Deckers Outdoor Corp. 8,792,105

Delphi Technologies PLC 1,908,752

Deluxe Corp. 1,691,192

Dick's Sporting Goods, Inc. 3,948,462

Dillard's, Inc., Class A 509,330

Diversified Healthcare Trust 1,466,382

Domtar Corp. 2,011,644

Donaldson Co., Inc. 10,339,735

Douglas Emmett, Inc. 8,332,192

Dunkin' Brands Group, Inc. 9,110,161

Dycom Industries, Inc. 2,285,062

Eagle Materials, Inc. 4,785,290

East West Bancorp, Inc. 8,763,048

EastGroup Properties, Inc. 7,687,961

Eaton Vance Corp. 7,022,756

Edgewell Personal Care Co. 2,839,129

Eldorado Resorts, Inc. 3,988,434

EMCOR Group, Inc. 6,144,078

Encompass Health Corp. 12,435,286

of 151

Energizer Holdings, Inc. 4,860,588

EnerSys 4,608,620

Enphase Energy, Inc. 7,970,110

EPR Properties 4,264,633

EQT Corp. 5,871,668

Equitrans Midstream Corp. 2,838,668

Essential Utilities, Inc. 16,262,354

Etsy, Inc. 16,520,649

Evercore, Inc., Class A 3,708,738


FactSet Research Systems, Inc. 20,090,243

Fair Isaac Corp. 20,078,545

Federated Hermes, Inc. 3,662,288

First American Financial Corp. 9,765,523

First Financial Bankshares, Inc. 7,166,451

First Horizon National Corp. 5,009,506

First Industrial Realty Trust, Inc. 8,279,848

First Solar, Inc. 6,091,789

FirstCash, Inc. 5,126,909

Five Below, Inc. 10,031,330


Flowers Foods, Inc. 7,817,726

Fluor Corp. 2,802,027

FNB Corp. 4,145,465

Foot Locker, Inc. 5,104,972

FTI Consulting, Inc. 7,804,724

Fulton Financial Corp. 3,167,711

GATX Corp. 3,791,629

Generac Holdings, Inc. 11,981,776


Genworth Financial, Inc., Class A 2,643,084

GEO Group, Inc. 2,501,496

Globus Medical, Inc., Class A 7,242,710

Goodyear Tire & Rubber Co. 3,047,189

Graco, Inc. 13,843,694

Graham Holdings Co., Class B 2,682,784

Grand Canyon Education, Inc. 8,103,093

Greif, Inc., Class A 1,536,236

GrubHub, Inc. 8,933,883

Haemonetics Corp. 9,571,116

Hain Celestial Group, Inc. 4,354,345

Hancock Whitney Corp. 3,246,481

Hanover Insurance Group, Inc. 6,806,138

Hawaiian Electric Industries, Inc. 7,403,683


Healthcare Services Group, Inc. 3,052,551

HealthEquity, Inc. 7,562,571

Helen of Troy, Ltd. 7,882,048

Herman Miller, Inc. 2,340,766

Highwoods Properties, Inc. 6,835,864

Hill-Rom Holdings, Inc. 11,686,763

HNI Corp. 1,877,980

Home BancShares, Inc. 3,865,588

Hubbell, Inc. 11,463,409


IDACORP, Inc. 8,089,754

II-VI, Inc. 7,137,247

Ingevity Corp. 3,792,819

Ingredion, Inc. 9,682,407

Insperity, Inc. 3,355,862

Integra LifeSciences Holdings Corp. 6,394,262

Interactive Brokers Group, Inc., Class A 5,596,256

InterDigital, Inc. 2,946,612

International Bancshares Corp. 3,040,448

ITT, Inc. 8,712,585

j2 Global, Inc. 6,241,058

Jabil, Inc. 7,156,296

Jack in the Box, Inc. 2,729,255

Janus Henderson Group PLC 5,776,571

JBG SMITH Properties 6,041,790

Jefferies Financial Group, Inc. 6,033,515

JetBlue Airways Corp. 5,005,404

John Wiley & Sons, Inc., Class A 3,028,025

Jones Lang LaSalle, Inc. 9,085,952

KAR Auction Services, Inc. 3,181,625

KB Home 4,879,366

KBR, Inc. 5,721,730

of 151

Kemper Corp. 6,838,641

Kennametal, Inc. 3,957,388

Kilroy Realty Corp. 9,591,819

Kirby Corp. 5,292,814

Knight-Swift Transportation Holdings, Inc. 8,802,346

Lamar Advertising Co., Class A 9,818,367

Lancaster Colony Corp. 5,228,689

Landstar System, Inc. 7,899,286

Lear Corp. 10,047,601

Legg Mason, Inc. 7,000,467

LendingTree, Inc. 3,433,564

Lennox International, Inc. 12,909,735

LHC Group, Inc. 8,288,010

Life Storage, Inc. 7,829,594

Ligand Pharmaceuticals, Inc. 2,886,416

Lincoln Electric Holdings, Inc. 8,651,186

Littelfuse, Inc. 6,814,668

LivaNova PLC 4,457,482

LiveRamp Holdings, Inc. 5,877,919

LogMeIn, Inc. 7,135,675

Louisiana-Pacific Corp. 4,774,532

Lumentum Holdings, Inc. 9,745,694

Macerich Co. 1,291,959

Mack-Cali Realty Corp. 2,371,422

Manhattan Associates, Inc. 9,725,945

ManpowerGroup, Inc. 7,019,024

Marriott Vacations Worldwide Corp. 5,787,208

Masimo Corp. 20,288,609

MasTec, Inc. 4,064,749

Matador Resources Co. 1,480,020

Mattel, Inc. 5,497,992

MAXIMUS, Inc. 7,933,435

MDU Resources Group, Inc. 7,507,483

Medical Properties Trust, Inc. 16,107,580

MEDNAX, Inc. 2,254,040

Mercury General Corp. 1,878,781

Mercury Systems, Inc. 8,543,736

Minerals Technologies, Inc. 2,959,192

MKS Instruments, Inc. 9,913,692


Monolithic Power Systems, Inc. 14,589,371

MSA Safety, Inc. 7,298,277

MSC Industrial Direct Co., Inc., Class A 5,377,733

Murphy Oil Corp. 3,073,253

Murphy USA, Inc. 5,779,922

National Fuel Gas Co. 6,238,043

National Instruments Corp. 7,863,529


Navient Corp. 2,179,384

NCR Corp. 3,965,513

Nektar Therapeutics 6,572,822

NetScout Systems, Inc. 3,114,851

New Jersey Resources Corp. 5,774,887

New York Community Bancorp, Inc. 8,086,883

New York Times Co., Class A 9,709,817

NewMarket Corp. 5,544,957


NorthWestern Corp. 5,221,843

NOW, Inc. 1,395,594

Nu Skin Enterprises, Inc., Class A 3,555,821

NuVasive, Inc. 5,433,335

nVent Electric PLC 4,911,285

OGE Energy Corp. 10,794,595

O-I Glass, Inc. 2,052,566

Old Republic International Corp. 7,659,585

Olin Corp. 3,307,215

Ollie's Bargain Outlet Holdings, Inc. 8,610,658

Omega Healthcare Investors, Inc. 11,715,086

ONE Gas, Inc. 7,624,476

Oshkosh Corp. 8,415,724

Owens Corning 9,833,460

PacWest Bancorp 3,571,399

Papa John's International, Inc. 2,956,159

Park Hotels & Resorts, Inc. 4,051,592

Patterson Cos., Inc. 2,920,539

Patterson-UTI Energy, Inc. 1,235,980

Paylocity Holding Corp. 8,025,339

of 151

PBF Energy, Inc., Class A 1,862,652

Pebblebrook Hotel Trust 3,072,407

Penn National Gaming, Inc. 7,115,078

Penumbra, Inc. 9,535,688

Perspecta, Inc. 5,248,881

Physicians Realty Trust 5,858,899

Pilgrim's Pride Corp. 1,865,199

Pinnacle Financial Partners, Inc. 4,938,092

PNM Resources, Inc. 5,598,259

Polaris, Inc. 8,647,184

PolyOne Corp. 3,850,440

Pool Corp. 18,544,894

Post Holdings, Inc. 9,962,798

PotlatchDeltic Corp. 3,933,935


Prestige Consumer Healthcare, Inc. 3,649,836

Primerica, Inc. 8,092,532

Prosperity Bancshares, Inc. 10,628,556

PS Business Parks, Inc. 4,608,575

PTC, Inc. 13,669,423

Rayonier, Inc. 5,662,071

Regal Beloit Corp. 5,606,934

Reinsurance Group of America, Inc. 9,782,941

Reliance Steel & Aluminum Co. 11,132,399

RenaissanceRe Holdings, Ltd. 12,763,403

Repligen Corp. 10,565,219

Resideo Technologies, Inc. 1,492,929

RH 6,100,899

RLI Corp. 5,424,947

Royal Gold, Inc. 15,042,809

RPM International, Inc. 16,696,729

Ryder System, Inc. 3,143,561

Sabra Health Care REIT, Inc. 4,757,195

Sabre Corp. 3,286,808

Sally Beauty Holdings, Inc. 2,611,716

Sanderson Farms, Inc. 4,481,683

Science Applications International Corp. 7,437,531

Scientific Games Corp. 1,464,825

Scotts Miracle-Gro Co. 9,725,983

SEI Investments Co. 11,782,657

Selective Insurance Group, Inc. 5,364,376

Semtech Corp. 6,065,711

Sensient Technologies Corp. 3,651,894

Service Corp. International 12,408,936

Service Properties Trust 1,912,552

Signature Bank 9,566,102

Silgan Holdings, Inc. 4,464,273

Silicon Laboratories, Inc. 6,994,341

Six Flags Entertainment Corp. 3,110,182

Skechers U.S.A., Inc., Class A 7,221,390

SLM Corp. 5,509,690

SolarEdge Technologies, Inc. 11,876,604

Sonoco Products Co. 8,929,143

Southwest Gas Holdings, Inc. 7,143,325

Spire, Inc. 6,400,188

Spirit Realty Capital, Inc. 4,881,715

Sprouts Farmers Market, Inc. 5,111,618

Steel Dynamics, Inc. 9,852,591

Stericycle, Inc. 8,602,827

Sterling Bancorp 4,278,850

Stifel Financial Corp. 5,616,564

STORE Capital Corp. 7,115,012

Synaptics, Inc. 3,671,355

Syneos Health, Inc. 6,539,775

SYNNEX Corp. 7,502,934

Synovus Financial Corp. 4,841,925

Taubman Centers, Inc. 4,357,484

Taylor Morrison Home Corp., Class A 4,401,963

TCF Financial Corp. 7,638,611

Tech Data Corp. 8,309,278

TEGNA, Inc. 4,376,904

Teledyne Technologies, Inc. 23,491,743

Telephone & Data Systems, Inc. 3,450,373

Tempur Sealy International, Inc. 5,102,878

Tenet Healthcare Corp. 3,892,472

Teradata Corp. 4,147,074

Teradyne, Inc. 19,337,147

of 151

Terex Corp. 1,775,433

Tetra Tech, Inc. 7,415,653

Texas Capital Bancshares, Inc. 2,318,486

Texas Roadhouse, Inc. 5,824,570

Thor Industries, Inc. 8,192,362

Timken Co. 4,965,311

Toll Brothers, Inc. 6,715,117

Tootsie Roll Industries, Inc. 1,059,802

Toro Co. 13,044,401

Transocean, Ltd. 1,317,059

TreeHouse Foods, Inc. 5,101,590

Trex Co., Inc. 12,065,093

TRI Pointe Group, Inc. 3,432,991

Trimble, Inc. 16,780,485

Trinity Industries, Inc. 3,374,670

TripAdvisor, Inc. 3,487,887

Trustmark Corp. 2,632,126

Tyler Technologies, Inc. 25,192,308

UGI Corp. 11,458,165

UMB Financial Corp. 3,814,258

Umpqua Holdings Corp. 4,318,632

United Bankshares, Inc. 6,354,940

United States Cash Management Bills 0.01 09/15/2020 149,936

United States Steel Corp. 2,353,831







United Therapeutics Corp. 8,911,358

Universal Display Corp. 10,702,093

Urban Edge Properties 1,933,240

Urban Outfitters, Inc. 2,057,465

Valley National Bancorp 5,381,632

Valmont Industries, Inc. 4,225,182

Valvoline, Inc. 5,952,245

ViaSat, Inc. 4,170,474

Vishay Intertechnology, Inc. 3,705,182

Visteon Corp. 3,466,728

Washington Federal, Inc. 3,488,333

Watsco, Inc. 10,000,677

Webster Financial Corp. 4,484,333

Weingarten Realty Investors 3,723,528

Wendy's Co. 6,736,614

Werner Enterprises, Inc. 3,524,691

WEX, Inc. 11,037,143

Williams-Sonoma, Inc. 11,119,269

Wintrust Financial Corp. 4,162,463

Woodward, Inc. 6,658,226

World Fuel Services Corp. 2,868,793

World Wrestling Entertainment, Inc., Class A 3,780,675

Worthington Industries, Inc. 1,901,416

WPX Energy, Inc. 4,068,378

WW International, Inc. 1,911,498

Wyndham Destinations, Inc. 4,966,206

Wyndham Hotels & Resorts, Inc. 7,525,860

XPO Logistics, Inc. 12,524,328

Yelp, Inc. 2,391,226

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P Mid Cap 400 E-Mini Index Long March 2019 3,508,249

VALIC Company I - Mid Cap Strategic Growth Fund - (unaudited)

May 31, 2020




Airbnb, Inc., Series D 2,192,524

Align Technology, Inc. 2,618,309

Alliant Energy Corp. 1,135,626

Amdocs, Ltd. 2,933,816

of 151

AMETEK, Inc. 2,232,955

Aon PLC 3,963,619

Aramark 1,190,526

Ascendis Pharma A/S ADR 89,767


Belden, Inc. 276,235

Booz Allen Hamilton Holding Corp. 2,576,647



Broadridge Financial Solutions, Inc. 3,588,677

Carlisle Cos., Inc. 974,222

CarMax, Inc. 2,695,651


Cboe Global Markets, Inc. 1,445,620

CBRE Group, Inc., Class A 1,449,405

Ceridian HCM Holding, Inc. 2,004,461


Cimpress PLC 1,973,757

Clarivate Analytics PLC 1,552,285

Clean Harbors, Inc. 2,278,200

Constellation Software, Inc. 5,889,486



Credit Agricole Corporate and Investment Bank NY 0.00 06/01/2020 5,599,960


Crown Holdings, Inc. 2,590,047

DENTSPLY SIRONA, Inc. 1,406,020


Discover Financial Services 1,202,953

Dolby Laboratories, Inc., Class A 1,850,807



Dynatrace, Inc. 159,612

Edenred 1,397,060

Edwards Lifesciences Corp. 1,828,547

Elanco Animal Health, Inc. 2,528,649

Entegris, Inc. 1,782,328



Euronet Worldwide, Inc. 763,713



Flex, Ltd. 1,677,888

Floor & Decor Holdings, Inc., Class A 1,695,252

FMC Corp. 1,951,372

Freshpet, Inc. 2,355,148

Frontdoor, Inc. 1,204,840

Gildan Activewear, Inc. 1,216,902


GoDaddy, Inc., Class A 3,923,914

Grocery Outlet Holding Corp. 2,075,716


Horizon Therapeutics PLC 2,495,155

Hyatt Hotels Corp., Class A 1,237,872

IAA, Inc. 2,005,105


IDEXX Laboratories, Inc. 2,305,789

IHS Markit, Ltd. 1,285,705

Immunomedics, Inc. 613,689


Intact Financial Corp. 3,089,415


IQVIA Holdings, Inc. 2,844,020

James River Group Holdings, Ltd. 2,079,479


Keysight Technologies, Inc. 1,733,324

KLA Corp. 3,486,120



Lamar Advertising Co., Class A 3,099,658

Lamb Weston Holdings, Inc. 1,740,839

Liberty Media Corp. - Liberty Formula One, Series C 929,417

LPL Financial Holdings, Inc. 3,504,678



Microchip Technology, Inc. 4,536,849

Middleby Corp. 799,562

of 151



MSCI, Inc. 1,063,830

National Instruments Corp. 2,326,143


NICE, Ltd., ADR 5,336,262

ON Semiconductor Corp. 2,195,446

PerkinElmer, Inc. 3,946,261


Repay Holdings Corp. 2,540,621

Rexnord Corp. 2,058,178

Ritchie Bros. Auctioneers, Inc. 2,364,835

Royal Caribbean Cruises, Ltd. 1,454,072

Ryanair Holdings PLC ADR 1,388,606


Sealed Air Corp. 1,868,541

Sensata Technologies Holding PLC 3,230,104

ServiceMaster Global Holdings, Inc. 1,736,659

Slack Technologies, Inc., Class A 1,432,844


Square, Inc., Class A 1,950,785

SS&C Technologies Holdings, Inc. 4,134,050

STERIS PLC 3,522,674

SVB Financial Group 1,060,436

Take-Two Interactive Software, Inc. 2,996,421

TD Ameritrade Holding Corp. 2,512,632




Terreno Realty Corp. 1,221,137

Trade Desk, Inc., Class A 1,832,284

Tradeweb Markets, Inc. 2,672,040

Trimble, Inc. 1,389,034

United Rentals, Inc. 1,602,929

Varian Medical Systems, Inc. 1,083,406


VF Corp. 1,232,517

Visteon Corp. 827,568

Waste Connections, Inc. 2,255,173

Waters Corp. 2,043,466

Wayfair, Inc., Class A 2,243,702

Westinghouse Air Brake Technologies Corp. 1,991,920

WEX, Inc. 3,438,862

Williams-Sonoma, Inc. 450,582


Wix.com, Ltd. 2,131,700

WR Berkley Corp. 2,668,655

Xilinx, Inc. 1,808,197

XPO Logistics, Inc. 1,838,480

Zscaler, Inc. 2,101,578

Zynga, Inc., Class A 3,493,214

VALIC Company I - Nasdaq-100 Index Fund - (unaudited)

May 31, 2020



Adobe, Inc. 11,155,343







Amgen, Inc. 8,089,115


ANSYS, Inc. 1,451,790

Apple, Inc. 65,115,702



Autodesk, Inc. 2,758,292


Baidu, Inc. ADR 1,759,034


BioMarin Pharmaceutical, Inc. 1,144,667


of 151


Cadence Design Systems, Inc. 1,527,099

CDW Corp. 945,508

Cerner Corp. 1,357,763



Cintas Corp. 1,536,112


Citrix Systems, Inc. 1,082,165



Copart, Inc. 1,247,348



CSX Corp. 3,307,282



eBay, Inc. 1,905,667


Exelon Corp. 2,228,684

Expedia Group, Inc. 638,145


Fastenal Co. 1,415,053







Illumina, Inc. 3,186,490






KLA Corp. 1,647,162



Liberty Global PLC, Class A 230,263

Liberty Global PLC, Class C 540,609




MercadoLibre, Inc. 2,527,757





Monster Beverage Corp. 2,305,219







PACCAR, Inc. 1,527,573







Seattle Genetics, Inc. 1,616,905

Sirius XM Holdings, Inc. 1,533,849

Skyworks Solutions, Inc. 1,204,366





Tesla, Inc. 9,179,155



Trip.com Group, Ltd . ADR 829,675





of 151




VeriSign, Inc. 1,522,339



Walgreens Boots Alliance, Inc. 2,271,225



Xcel Energy, Inc. 2,037,195


Zoom Video Communications, Inc., Class A 1,795,518

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

Nasdaq 100 E-Mini Index Long June 2020 4,378,988

VALIC Company I - Science & Technology Fund - (unaudited)

May 31, 2020


58.com, Inc. ADR 17,723,228


Adobe, Inc. 7,622,979


Adyen NV 2,072,088

Airbnb, Inc., Series E 2,008,062





Alteryx, Inc., Class A 9,142,349



Apple, Inc. 32,909,969





Baidu, Inc. ADR 4,297,907

BE Semiconductor Industries NV 4,370,717

Bloom Energy Corp. Class A 966,852

Boeing Co. 5,524,360




Cognex Corp. 1,437,224

Cree, Inc. 2,252,234

Crowdstrike Holdings, Inc., Class A 18,678,943

Datadog, Inc., Class A 2,209,726



Elastic NV 1,482,120





Etsy, Inc. 6,444,955








Flex, Ltd. 7,226,901

FormFactor, Inc. 4,201,024

Fortinet, Inc. 1,047,062

Genpact, Ltd. 7,781,557


Globalwafers Co., Ltd. 3,243,752

GM Cruise Holdings, LLC Class F 1,637,025

GrubHub, Inc. 404,556

Guidewire Software, Inc. 8,237,789

of 151

HubSpot, Inc. 4,692,592




Invesco QQQ Trust ETF, Series 1 1,996,395

IPG Photonics Corp. 1,397,823

iShares S&P GSTI Technology Index Fund 1,981,929

JAND, Inc. (dba Warby Parker) 1,196,896



KLA Corp. 16,138,171

Koh Young Technology, Inc. 1,908,670


Lattice Semiconductor Corp. 7,135,700


Mail.Ru Group, Ltd. GDR 13,364,795



Match Group, Inc. 4,368,213

Maxim Integrated Products, Inc. 10,142,913

Mesosphere, Inc. 981,915




MongoDB, Inc. 30,977,401


Naspers, Ltd., Class N 8,072,103

NAVER Corp. 9,129,354

NetApp, Inc. 2,393,580



News Corp., Class A 2,340,020

Nexon Co., Ltd. 3,509,018


Okta, Inc. 21,879,535

Palo Alto Networks, Inc. 1,365,742



Proofpoint, Inc. 3,429,384

Pure Storage, Inc., Class A 24,659,213

Qorvo, Inc. 2,199,540


RingCentral, Inc., Class A 14,927,428




Samsung SDI Co., Ltd. 3,934,383


Shopify, Inc., Class A 3,523,770

SK Hynix, Inc. 6,414,956


Slack Technologies, Inc., Class A 8,024,207

Splunk, Inc. 16,628,034

Square, Inc., Class A 11,768,681



STMicroelectronics NV 4,546,308

SVMK, Inc. 4,011,805





TeamViewer AG 4,529,010

Technology Select Sector SPDR Fund 4,869,599

Telefonaktiebolaget LM Ericsson ADR 1,400,979


Tencent Music Entertainment Group ADR 2,258,817


Tesla, Inc. 3,699,050

Tokyo Electron, Ltd. 7,040,933

Tongcheng-Elong Holdings, Ltd. 3,472,468

Trainline PLC 2,479,890

Trip.com Group, Ltd . ADR 24,075,927

Twilio, Inc., Class A 31,836,324

Uber Technologies, Inc. 4,515,339



of 151


Waymo LLC 1,808,277

WEX, Inc. 6,879,501

Wix.com, Ltd. 5,640,734


Xiaoju Kuaizhi, Inc., Series A-17 442,139

Zalando SE 31,787,699

Zoom Video Communications, Inc., Class A 9,192,966

Zscaler, Inc. 14,227,464

Zynga, Inc., Class A 6,156,578

VALIC Company I - Small Cap Aggressive Growth Fund - (unaudited)

May 31, 2020



Advanced Drainage Systems, Inc. 475,325

Advanced Energy Industries, Inc. 2,995,321

Aimmune Therapeutics, Inc. 1,459,189

Amicus Therapeutics, Inc. 2,253,447

Apellis Pharmaceuticals, Inc. 1,701,345

Arco Platform, Ltd., Class A 2,090,264

Arena Pharmaceuticals, Inc. 1,993,330

Armstrong World Industries, Inc. 881,309

Ascendis Pharma A/S ADR 1,657,131


AssetMark Financial Holdings, Inc. 704,880

Avaya Holdings Corp. 2,205,476


Bandwidth, Inc., Class A 5,447,169

BellRing Brands, Inc., Class A 2,994,731

Bill.com Holdings, Inc. 326,612

BJ's Wholesale Club Holdings, Inc. 842,400

Bluebird Bio, Inc. 1,845,143



Cardlytics, Inc. 504,547

Celyad SA ADR 319,911


Cornerstone OnDemand, Inc. 827,883

CryoPort, Inc. 1,228,254

CytomX Therapeutics, Inc. 839,308

Denny's Corp. 171,026

e.l.f. Beauty, Inc. 1,723,256

eHealth, Inc. 1,512,872


Envestnet, Inc. 2,109,321

Epizyme, Inc. 1,628,816

Equillium, Inc. 213,762

ESCO Technologies, Inc. 997,103

Essent Group, Ltd. 1,074,786

Everbridge, Inc. 5,119,100

EverQuote, Inc., Class A 867,573

Evo Payments, Inc., Class A 1,800,425

Evoqua Water Technologies Corp. 1,510,255

Fate Therapeutics, Inc. 2,850,273


Five9, Inc. 1,378,566


Frontdoor, Inc. 1,475,408



Gossamer Bio, Inc. 759,011

GW Pharmaceuticals PLC ADR 1,320,790

Hanger, Inc. 900,007

Health Catalyst, Inc. 1,354,829


Hostess Brands, Inc. 2,617,739


Inspire Medical Systems, Inc. 1,979,791



Itron, Inc. 1,430,768


Kura Oncology, Inc. 1,456,752


of 151

LendingTree, Inc. 689,053



MACOM Technology Solutions Holdings, Inc. 2,064,703

Masimo Corp. 1,719,760



Myovant Sciences, Ltd. 1,095,150



ORIC Pharmaceuticals, Inc. 709,829

Planet Fitness, Inc., Class A 1,902,707

PRA Group, Inc. 1,716,918

Q2 Holdings, Inc. 1,630,093

Repay Holdings Corp. 323,942

Sage Therapeutics, Inc. 623,671


Silk Road Medical, Inc. 1,498,271

Simpson Manufacturing Co., Inc. 1,973,559

SiteOne Landscape Supply, Inc. 2,405,795

Skyline Champion Corp. 727,564

Strategic Education, Inc. 3,199,222


Trex Co., Inc. 1,930,328

Twist Bioscience Corp. 873,609

Varonis Systems, Inc. 3,399,229

Walker & Dunlop, Inc. 933,930

Watts Water Technologies, Inc., Class A 2,237,836

Western Alliance Bancorp 1,375,689

Wingstop, Inc. 1,134,135

Wix.com, Ltd. 5,400,396

WNS Holdings, Ltd. ADR 1,515,459

VALIC Company I - Small Cap Fund - (unaudited)

May 31, 2020


1st Constitution Bancorp 82,176

1stdibs.com, Inc., Series D 41,201

A Place For Rover, Inc. 33,924

A Place For Rover, Inc. 2,373

A.H. Belo Corp., Class A 23,250

Aaron's, Inc. 543,131

Acacia Research Corp. 103,600

ACADIA Pharmaceuticals, Inc. 146,556

Acadia Realty Trust 92,667

Acceleron Pharma, Inc. 385,437

AcelRx Pharmaceuticals, Inc. 44,619

Aclaris Therapeutics, Inc. 98,700

Acme United Corp. 97,752

Acorda Therapeutics, Inc. 17,648

Acushnet Holdings Corp. 1,282,559

Adamas Pharmaceuticals, Inc. 37,260

Adams Resources & Energy, Inc. 86,943

Adaptive Biotechnologies Corp. 135,953

ADDvantage Technologies Group, Inc. 46,000

ADT, Inc. 113,450

Aduro Biotech, Inc. 106,602

Advaxis, Inc. 48,020

Aeglea BioTherapeutics, Inc. 111,887

Aerojet Rocketdyne Holdings, Inc. 291,822

Agios Pharmaceuticals, Inc. 156,927

AgroFresh Solutions, Inc. 164,388


Alaska Communications Systems Group, Inc. 200,970

Alcoa Corp. 163,938

Alico, Inc. 91,777

Alignment Healthcare Partners, Class A1 92,489

Alimera Sciences, Inc. 37,798

ALJ Regional Holdings, Inc. 26,000

Allbirds, Inc. 54,066

Allbirds, Inc., Series A 17,641

Allbirds, Inc., Series B 3,099

Allbirds, Inc., Series C 29,655

Allbirds, Inc., Series SEED 9,488

Allena Pharmaceuticals, Inc. 50,736

of 151

Allogene Therapeutics, Inc. 80,716

Alpha Pro Tech, Ltd. 149,400

Altimmune, Inc. 139,200

Altra Industrial Motion Corp. 1,194,678

Altus Midstream Co., Class A 20,700

Amarin Corp. PLC ADR 47,334

AMCON Distributing Co. 27,685

Amedisys, Inc. 734,015

American Campus Communities, Inc. 452,200

American Superconductor Corp. 76,125

AmeriServ Financial, Inc. 65,340

Ampco-Pittsburgh Corp. 64,155

Ampio Pharmaceuticals, Inc. 53,060

Amplify Energy Corp. 28,050

Apellis Pharmaceuticals, Inc. 57,273

API Group Corp. 288,467

Api Group Corp. J2 Acquisition, Ltd. 0

Applied Genetic Technologies Corp. 96,000

Applied Industrial Technologies, Inc. 1,289,282

Applied Optoelectronics, Inc. 44,150

AptarGroup, Inc. 3,556,237

ARC Document Solutions, Inc. 105,060


Argenx SE ADR 782,901

Ark Restaurants Corp. 102,000

Arlington Asset Investment Corp., Class A 72,000

Ascendis Pharma A/S ADR 994,424

Aspen Aerogels, Inc. 88,040

Aspen Technology, Inc. 1,585,868



Asta Funding, Inc. 165,000

AstroNova, Inc. 45,010

Atlantic American Corp. 3,540

Atlantic Capital Bancshares, Inc. 104,971

Atlanticus Holdings Corp. 107,793

AtriCure, Inc. 347,148

Avalara, Inc. 64,236

Avanos Medical, Inc. 344,216

Aware, Inc. 77,745

Axis Capital Holdings, Ltd. 437,341

Axonics Modulation Technologies, Inc. 89,878

AZZ, Inc. 335,596

Babcock & Wilcox Enterprises, Inc. 118,250

Ballantyne Strong, Inc. 23,240

Bank of Commerce Holdings 58,293

Bank of Princeton 42,353

BankFinancial Corp. 84,444

BankUnited, Inc. 1,413,738

Barnes & Noble Education, Inc. 83,700

Barnwell Industries, Inc. 8,702

Bassett Furniture Industries, Inc. 41,600

BBQ Holdings, Inc. 24,585

Beasley Broadcast Group, Inc., Class A 30,812

Bel Fuse, Inc., Class B 56,220

Belden, Inc. 54,464

Bellicum Pharmaceuticals, Inc. 29,757

BellRing Brands, Inc., Class A 125,600

Big 5 Sporting Goods Corp. 176,700


BJ’s Restaurant, Inc. 252,168


Blackbaud, Inc. 231,568

Blue Apron Holdings, Inc., Class A 28,260

BlueLinx Holdings, Inc. 72,450

Blueprint Medicines Corp. 355,208



Bowl America, Inc., Class A 25,590

Brady Corp., Class A 1,762,451

Bridge Bancorp, Inc. 168,270

Briggs & Stratton Corp. 41,000

Bright Horizons Family Solutions, Inc. 1,212,332

BrightView Holdings, Inc. 97,637

Brink's Co. 449,200

Bruker Corp. 592,503


of 151

Build-A-Bear Workshop, Inc. 23,835

Burlington Stores, Inc. 1,142,702

BWX Technologies, Inc. 530,156

C&F Financial Corp. 108,120

Cable One, Inc. 1,117,039


Cadence BanCorp 132,864

California Water Service Group 310,200

Cal-Maine Foods, Inc. 550,361

Calyxt, Inc. 86,800

Canterbury Park Holding Corp. 35,200

Capital Bancorp, Inc. 91,040

Capital Senior Living Corp. 15,510

Capitol Federal Financial, Inc. 216,526


Carrols Restaurant Group, Inc. 171,600

Carter's, Inc. 1,180,232

Casey's General Stores, Inc. 949,435

Castlight Health, Inc., Class B 50,019

Catabasis Pharmaceuticals, Inc. 77,625


Cavco Industries, Inc. 266,266

cbdMD, Inc. 27,342


CenterState Bank Corp. 299,647

Centrus Energy Corp, Class A 82,080

Ceridian HCM Holding, Inc. 784,705

Chaparral Energy, Inc., Class A 29,916

Chart Industries, Inc. 247,471

Checkr, Inc. 41,585

Checkr, Inc. 67,102

Checkr, Inc., Series D 91,410

Chemed Corp. 821,602

Chemung Financial Corp. 65,832

Chesapeake Utilities Corp. 487,836

Chimerix, Inc. 178,776

China XD Plastics Co., Ltd 18,122

Chuy's Holdings, Inc. 215,385

Cinemark Holdings, Inc. 571,982

Citi Trends, Inc. 100,688

Citizens Holding Co. 101,250

Clarivate Analytics PLC 823,742

Clearside Biomedical, Inc. 93,000

Codorus Valley Bancorp, Inc. 48,296

Collier Creek Holdings 142,481

Colony Bankcorp, Inc. 95,400

Columbia Banking System, Inc. 155,149

Commerce Bancshares, Inc. 1,883,222

Communications Systems, Inc. 154,200

Community Healthcare Trust, Inc. 101,976

Computer Modelling Group, Ltd. 49,446

Computer Task Group, Inc. 81,144

Conformis, Inc. 49,435

Consolidated Communications Holdings, Inc. 6

Constellium SE 234,806

Consumer Portfolio Services, Inc. 63,455

Container Store Group, Inc. 99,750

Contango Oil & Gas Co. 110,000

Contura Energy, Inc. 65,280

Convoy, Inc., Series C 121,177

Convoy, Inc., Series D 76,740

Conyers Park II Acquisition Corp. 154,570

Core Molding Technologies, Inc. 35,625

CoreLogic, Inc. 1,382,526

CorMedix, Inc. 52,156

Corvus Pharmaceuticals, Inc. 69,000


Covia Holdings Corp. 25,100

CPI Aerostructures, Inc. 76,720

CRISPR Therapeutics AG 42,171

Cross Country Healthcare, Inc. 77,641

CrossFirst Bankshares, Inc. 189,579

Crown Holdings, Inc. 1,423,953

CTO Realty Growth, Inc. 129,518

CTS Corp. 348,461

CubeSmart 2,112,956

Cubic Corp. 413,295

of 151

Cullen/Frost Bankers, Inc. 1,180,422

Culp, Inc. 88,665

Cumberland Pharmaceuticals, Inc. 92,018

Cumulus Media, Inc., Class A 74,965

Curis, Inc. 42,846

Cushman & Wakefield PLC 1,110,198


Cymabay Therapeutics, Inc. 148,200


Dawson Geophysical Co. 26,304

Delta Apparel, Inc. 67,705

Denbury Resources, Inc. 63,900


Descartes Systems Group, Inc. 822,926

Destination XL Group, Inc. 17,096


DHI Group, Inc. 66,750

Diamondback Energy, Inc. 519,476

DIRTT Environmental Solutions 102,180

Dixie Group, Inc. 10,400

Douglas Dynamics, Inc. 882,989

Douglas Emmett, Inc. 79,272

Dril-Quip, Inc. 127,638

Drive Shack, Inc. 107,690

Dunkin' Brands Group, Inc. 783,621

E.W. Scripps Co., Class A 303,988

Earthstone Energy, Inc., Class A 99,532

East West Bancorp, Inc. 363,480

Eastern Co. 78,339


Eastman Kodak Co. 89,032

Eaton Vance Corp. 1,017,547

Educational Development Corp. 132,160

Elanco Animal Health, Inc. CVR 0

Electromed, Inc. 118,244

Element Solutions, Inc. 360,895

Elevate Credit, Inc. 45,900

Eloxx Pharmaceuticals, Inc. 57,291

eMagin Corp. 21,016

EMCORE Corp. 77,871

Emerson Radio Corp. 7,350

Enanta Pharmaceuticals, Inc. 25,745

Encompass Health Corp. 2,731,419

Encore Capital Group, Inc. 347,310

Enerpac Tool Group Corp. 214,800

Enservco Corp. 20,669

Entasis Therapeutics Holdings, Inc. 27,700


Envela Corp. 53,850


Envista Holdings Corp. 708,951

Enzo Biochem, Inc. 106,875

Equillium, Inc. 51,750

Equity Bancshares, Inc., Class A 122,325

Era Group, Inc. 95,190

ERO Copper Corp. 284,077

Escalade, Inc. 52,416

ESCO Technologies, Inc. 705,902

ESSA Bancorp, Inc. 129,150

Essent Group, Ltd. 234,655


Evans Bancorp, Inc. 70,876

Evelo Biosciences, Inc. 58,995

Everspin Technologies, Inc. 58,900

Evo Payments, Inc., Class A 86,346

Evolution Petroleum Corp. 56,364

Express, Inc. 25,141

Extraction Oil & Gas, Inc. 55,100

EyePoint Pharmaceuticals, Inc. 64,500

FactSet Research Systems, Inc. 1,475,740

Farmers Business Network, Inc., Series C 142,935

FB Financial Corp. 315,335

Federal Signal Corp. 186,496

Fiesta Restaurant Group, Inc. 178,747

First Bancshares, Inc. 191,642

First Financial Bancorp 830,319

First Financial Northwest, Inc. 97,700

of 151

First Hawaiian, Inc. 1,259,906

First Horizon National Corp. 1,077,401

First Industrial Realty Trust, Inc. 250,008

First Internet Bancorp 80,400

First Northwest Bancorp 88,140

First Western Financial, Inc. 64,900

FirstService Corp. 936,660

Five Below, Inc. 167,440

Five Prime Therapeutics, Inc. 121,900

Five9, Inc. 713,145


Flanigan's Enterprises, Inc. 722

Flexsteel Industries, Inc. 92,349

Flotek Industries, Inc. 49,000

Focus Financial Partners, Inc., Class A 1,221,842

Fortune Brands Home & Security, Inc. 1,433,170

Forum Energy Technologies, Inc. 29,000

Francesca's Holdings Corp. 45,966

Franco-Nevada Corp. 491,274

Franklin Covey Co. 63,900

FreightCar America, Inc. 42,000

Frequency Electronics, Inc. 81,000

Friedman Industries, Inc. 44,600

Fuel Tech, Inc. 55,755


Gaia, Inc. 73,602

Gates Industrial Corp. PLC 817,367

GCP Applied Technologies, Inc. 1,124,940


General Moly, Inc. 23,050

Generation Bio 41,930

Genesis Healthcare, Inc. 86,210

Gentherm, Inc. 356,329

Geospace Technologies Corp. 70,132

Gibraltar Industries, Inc. 499,734

Global Blood Therapeutics, Inc. 670,113

GlobalSCAPE, Inc. 115,290

Golden Minerals Co. 28,968

Goldfield Corp. 121,275

Goodrich Petroleum Corp. 72,360

GP Strategies Corp. 88,705

Graco, Inc. 424,248

Graham Corp. 66,352

Gran Tierra Energy, Inc. 51,213

Grasshopper Bancorp, Inc. 38,539

Grasshopper Bancorp, Inc. 2,785

Great Elm Capital Group, Inc. 96,000

Greenlane Holdings, Inc., Class A 34,400

Grocery Outlet Holding Corp. 36,810

GSI Technology, Inc. 149,094

Guidewire Software, Inc. 1,505,669

Gulf Island Fabrication, Inc. 27,209


Hallmark Financial Services, Inc. 34,950

Hamilton Beach Brands Holding Co., Class A 84,040


Hanover Insurance Group, Inc. 471,645

Harvard Bioscience, Inc. 118,800

Haul Hub, Inc. 23,391

Hawthorn Bancshares, Inc. 63,907

Haynes International, Inc. 177,960


Helios Technologies, Inc. 296,068

Heritage Commerce Corp. 190,071

Heritage Financial Corp. 182,400

Heritage-Crystal Clean, Inc. 150,944

Hi-Crush Partners LP 22,653

HighPoint Resources Corp. 39,600

Hill International, Inc. 44,100

HMS Holdings Corp. 449,856

Home BancShares, Inc. 596,164


Horizon Global Corp. 56,700

Houston Wire & Cable Co. 35,816

IAA, Inc. 1,707,937

IBERIABANK Corp. 695,100

Iconix Brand Group, Inc. 30,458

of 151


IEC Electronics Corp. 97,047

IGM Biosciences, Inc. 131,309



Independence Contract Drilling, Inc. 43,190

Independent Bank Group, Inc. 62,388

Infinity Pharmaceuticals, Inc. 90,000

Information Services Group, Inc. 47,128


Innodata, Inc. 71,536

Inphi Corp. 169,403

Insmed, Inc. 417,594

Intellicheck, Inc. 152,272

Intersect ENT, Inc. 46,830

Intevac, Inc. 31,781

Intrepid Potash, Inc. 98,400

IntriCon Corp. 100,394

Inuvo, Inc. 42,840

Investors Bancorp, Inc. 229,152

Iovance Biotherapeutics, Inc. 48,135

iRhythm Technologies, Inc. 688,802

IRIDEX Corp. 14,580

J Alexander's Holdings, Inc. 55,120

J. Jill, Inc. 21,762

JAKKS Pacific, Inc. 18,000




JBG SMITH Properties 580,686

JMP Group LLC 46,944

John Bean Technologies Corp. 724,317

KalVista Pharmaceuticals, Inc. 7,875

KAR Auction Services, Inc. 342,018

Key Tronic Corp. 39,399

Kinsale Capital Group, Inc. 2,174,249

Kirkland's, Inc. 50,850

KLX Energy Services Holdings, Inc. 20,720


Kodiak Sciences, Inc. 330,932

Kosmos Energy, Ltd. 20,682

Kratos Defense & Security Solutions, Inc. 170,660


Kura Sushi USA, Inc., Class A 65,655

L.S. Starrett Co., Class A 26,000

Lake Shore Bancorp, Inc. 111,600

Landstar System, Inc. 1,780,754

Laredo Petroleum, Inc. 84,850


Lazard, Ltd., Class A 1,284,741

LCI Industries 2,090,193

Leaf Group, Ltd. 171,990

Lee Enterprises, Inc. 94,017

LGL Group, Inc. 43,000

Libbey, Inc. 31,828

Liberty Oilfield Services, Inc., Class A 192,837

Lifetime Brands, Inc. 45,520

Lifeway Foods, Inc. 15,879

Lincoln Educational Services Corp. 78,000

Lincoln Electric Holdings, Inc. 2,181,367

Lineage Cell Therapeutics, Inc. 5,918

Littelfuse, Inc. 422,474

Live Oak Bancshares, Inc. 163,753

LogicBio Therapeutics, Inc. 113,190

Lonestar Resources US, Inc., Class A 17,505

Lovesac Co. 146,480

LSB Industries, Inc. 83,700

LSI Industries, Inc. 122,800

Luby's, Inc. 32,640

Lundin Mining Corp. 175,882

Magnolia Oil & Gas Corp., Class A 257,631

Malvern Bancorp, Inc. 45,144

Mammoth Energy Services, Inc. 37,800

Manning & Napier, Inc. 26,796

Marchex, Inc., Class B 62,000

Marin Software, Inc. 20,357

Marinus Pharmaceuticals, Inc. 73,152

of 151

Marker Therapeutics, Inc. 81,720

Marlin Business Services Corp. 56,175

Matson, Inc. 482,833

Mayville Engineering Co., Inc. 61,200

Medallia, Inc. 990,422

Medallion Financial Corp. 39,843

Menlo Therapeutics, Inc. 46,366

Meridian Bancorp, Inc. 243,763

Meridian Corp. 104,811

Meritor, Inc. 517,652

Merrimack Pharmaceuticals, Inc. 16,950

Mesa Air Group, Inc. 79,950

MGE Energy, Inc. 128,584

Michaels Cos., Inc. 130,468

Middlesex Water Co. 324,507

Minerals Technologies, Inc. 379,687

Mitcham Industries, Inc. 34,272

MKS Instruments, Inc. 147,882

Moelis & Co., Class A 1,376,375


Momenta Pharmaceuticals, Inc. 322,324

Monarch Casino & Resort, Inc. 528,082

MoneyGram International, Inc. 114,680

Monolithic Power Systems, Inc. 963,592

Monro, Inc. 728,698

Montage Resources Corp., Class A 15,912

Morningstar, Inc. 1,673,334


Mueller Water Products, Inc., Class A 307,286

Mustang Bio, Inc. 102,575

MyoKardia, Inc. 590,725

NanoViricides, Inc. 45,120

National CineMedia, Inc. 89,942



National Vision Holdings, Inc. 567,013

Natural Gas Services Group, Inc. 65,104

Natural Grocers by Vitamin Cottage, Inc. 129,600

nCino, Inc. 93,155

NCS Multistage Holdings, Inc. 49,131

Neos Therapeutics, Inc. 28,392

Network-1 Technologies, Inc. 44,400

Neuronetics, Inc. 53,985

Nevro Corp. 370,394

New Fortress Energy LLC 77,020

New Home Co., Inc. 32,445

Newpark Resources, Inc. 80,800

NextEra Energy Partners LP 311,771

NexTier Oilfield Solutions, Inc. 159,500

NII Holdings, Inc. 6,510

Nine Energy Service, Inc. 40,600

nLight, Inc. 1,106,416

Nomad Foods, Ltd. 360,547


Northeast Bank 111,540

Northern Star Resources, Ltd. 599,984

Northrim BanCorp, Inc. 83,052


Novan, Inc. 46,345

Novanta, Inc. 1,374,568

Novavax, Inc. 82,872

NuVasive, Inc. 287,850

Nuverra Environmental Solutions, Inc. 9,261


Ohio Valley Banc Corp. 100,200

Oil-Dri Corp. of America 173,607


Olympic Steel, Inc. 97,064

On Deck Capital, Inc. 41,135

Oncocyte Corp. 138,000

ONE Gas, Inc. 864,891

OneSpaWorld Holdings, Ltd. 110,788

Orchard Therapeutics PLC ADR 110,894

Origin Bancorp, Inc. 230,941

Orion Group Holdings, Inc. 81,793

Otonomy, Inc. 89,600

Outfront Media, Inc. 733,000

of 151

Overseas Shipholding Group, Inc., Class A 77,350

P.A.M. Transportation Services, Inc. 47,359

Pacific Mercantile Bancorp 60,800

Pacific Premier Bancorp, Inc. 324,300

Palatin Technologies, Inc. 98,846

Panhandle Oil and Gas, Inc., Class A 41,800

Papa John's International, Inc. 973,625

Paramount Group, Inc. 74,995

Parsley Energy, Inc., Class A 94,215

Parsons Corp. 200,982

Party City Holdco, Inc. 258,000

Patriot Transportation Holding, Inc. 42,025


PDF Solutions, Inc. 236,110

PEDEVCO Corp. 53,200

Penn Virginia Corp. 173,844


PennyMac Financial Services, Inc. 522,337

Penumbra, Inc. 236,388

Peoples Bancorp of North Carolina, Inc. 105,875

Performance Food Group Co. 2,380,645

Performant Financial Corp. 30,000

PGT Innovations, Inc. 217,882


PICO Holdings, Inc. 83,800

Pinnacle Financial Partners, Inc. 460,586

Pixelworks, Inc. 78,980

Planet Fitness, Inc., Class A 908,181

PlayAGS, Inc. 234,450

Plex Systems, Inc., Series B 108,579

PNM Resources, Inc. 911,837

Pool Corp. 4,303,782

Popular, Inc. 157,960

Portland General Electric Co. 1,911,206

Portman Ridge Finance Corp. 21,710

Post Holdings, Inc. 565,890

Potbelly Corp. 63,000

Power Integrations, Inc. 1,449,290

Powerfleet, Inc. 117,500

PQ Group Holdings, Inc. 1,030,468

PRA Group, Inc. 400,569

Premier, Inc., Class A 1,254,145

Prestige Consumer Healthcare, Inc. 728,794

PRGX Global, Inc. 104,410

Primo Water Corp. 1,104,462

Principia Biopharma, Inc. 206,301

Professional Holding Corp., Class A 49,488

Proofpoint, Inc. 592,977

ProSight Global, Inc. 13,432

Prosperity Bancshares, Inc. 431,574

Protalix BioTherapeutics, Inc. 29,061

Proteostasis Therapeutics, Inc. 79,255

Providence Service Corp. 265,650

Provident Financial Holdings, Inc. 43,938

Prudential Bancorp, Inc. 61,100

PS Business Parks, Inc. 755,868



QEP Resources, Inc. 123,772

Quad/Graphics, Inc. 85,500

Quaker Chemical Corp. 2,487,918


Quintana Energy Services, Inc. 10,680

RA Medical Systems, Inc. 18,060

Radian Group, Inc. 222,526


Ramaco Resources, Inc. 81,300

Ranger Energy Services, Inc. 18,300

Rayonier Advanced Materials, Inc. 84,630

RBC Bearings, Inc. 2,082,886

RCM Technologies, Inc. 27,400

RealNetworks, Inc. 92,500

RealPage, Inc. 766,434

Reata Pharmaceuticals, Inc., Class A 310,549

Red Lion Hotels Corp. 88,000

Red Robin Gourmet Burgers, Inc. 112,460

Regency Centers Corp. 146,984

of 151

Regional Management Corp. 17,446

Rentokil Initial PLC 526,406

Retractable Technologies, Inc. 163,200

Rexford Industrial Realty, Inc. 525,360

Reynolds Consumer Products, Inc. 102,073

RGC Resources, Inc. 12,382

RH 401,680

Richardson Electronics, Ltd. 62,400

RigNet, Inc. 12,352

Ring Energy, Inc. 148,750

Rivian Automotive, Inc., Series D 131,012

RLI Corp. 2,045,933

RLJ Lodging Trust 703,060

Rockwell Medical, Inc. 96,300

Rocky Brands, Inc. 139,186

Rocky Mountain Chocolate Factory, Inc. 27,885

Roofoods, Ltd. 6,686

Roofoods, Ltd. 240,186

RTW RetailWinds, Inc. 28,369

Rush Enterprises, Inc., Class A 183,128

Ryman Hospitality Properties, Inc. 365,521

Safeguard Scientifics, Inc. 89,253

Safety Insurance Group, Inc. 225,518

Saia, Inc. 238,568

Salem Media Group, Inc. 40,491

Sanderson Farms, Inc. 475,272

SandRidge Energy, Inc. 86,900

Savara, Inc. 63,440

SB One Bancorp 101,940


scPharmaceuticals, Inc. 95,795

SCYNEXIS, Inc. 75,420

Seacoast Banking Corp. of Florida 431,172

SEACOR Marine Holdings, Inc. 23,250


Seismic Software Holdings, Inc., Series E 61,211

Selecta Biosciences, Inc. 128,450

Selective Insurance Group, Inc. 687,095

SelectQuote Inc. 116,184

Selectquote, Inc. 391,637

Semtech Corp. 202,084

ServiceMaster Global Holdings, Inc. 125,020

ServiceSource International, Inc. 88,550

ServiceTitan, Inc. 6,455

ServiceTitan, Inc., Series A-1 135

ServiceTitan, Inc., Series D 65,634

Sesen Bio, Inc. 76,399

Seven Generations Energy, Ltd., Class A 56,237

Shiloh Industries, Inc. 63,189

Shore Bancshares, Inc. 80,000

Sientra, Inc. 168,392

Sierra Oncology, Inc. 105,075

Signature Bank 1,533,256

SilverBow Resources, Inc. 37,800

Silvercrest Asset Management Group, Inc., Class A 112,700

Simply Good Foods Co. 73,178


SJW Group 450,563


SLM Corp. 163,728

Smart Sand, Inc. 15,900

Sonim Technologies, Inc. 15,687

Sound Bank 0

Sound Bank (Non-Voting Shares) 16,044

Sound Bank (Voting Shares) 7,880

South State Corp. 222,687

Southwest Gas Holdings, Inc. 914,210

Spok Holdings, Inc. 49,296

SPX Corp. 191,904

SS&C Technologies Holdings, Inc. 846,135

State Auto Financial Corp. 128,832


Steel Connect, Inc. 37,109

Stella-Jones, Inc. 99,757

Sterling Bancorp, Inc. 42,137

Steven Madden, Ltd. 49,392

StoneCo, Ltd., Class A 245,267

of 151

StoneMor, Inc. 48,003

Stoneridge, Inc. 174,930

Strategic Education, Inc. 148,766

Strattec Security Corp. 19,350

Superior Drilling Products, Inc. 42,398

Superior Energy Services, Inc. 49,210

Superior Group of Cos., Inc. 95,095

Surface Oncology, Inc. 148,190

Synacor, Inc. 48,400


Synlogic, Inc. 134,034

Synthetic Biologics, Inc. 13,874

Sypris Solutions, Inc. 16,776


T2 Biosystems, Inc. 20,983

Tabula Rasa HealthCare, Inc. 85,488

Tailored Brands, Inc. 38,700

Tandy Leather Factory, Inc. 52,350

Team, Inc. 69,020

Tela Bio, Inc. 119,625


Tempur Sealy International, Inc. 358,765

Tetra Tech, Inc. 181,470

TETRA Technologies, Inc. 24,750

Tetraphase Pharmaceuticals, Inc. 21,600

TherapeuticsMD, Inc. 113,033

Thermon Group Holdings, Inc. 65,723

Thor Industries, Inc. 1,025,694

Tilly's, Inc., Class A 56,156

Titan International, Inc. 68,142

Toast, Inc. 258,984

Toast, Inc. 396

Toast, Inc. 21,384

Toast, Inc., Series B 3,528

Tocagen, Inc. 16,093

Tonix Pharmaceuticals Holding Corp. 32,500

Toro Co. 4,098,323

Town Sports International Holdings, Inc. 62,250

Towne Bank 185,564

Townsquare Media, Inc., Class A 49,170

TransAct Technologies, Inc. 30,750

TransEnterix, Inc. 31,748

TravelCenters of America, Inc. 78,996

Travelzoo 67,320

Trecora Resources 13,419

TreeHouse Foods, Inc. 701,043

Trevena, Inc. 71,500

Trevi Therapeutics, Inc. 40,800

TRI Pointe Group, Inc. 279,483

Tricida, Inc. 154,364

Trinity Place Holdings, Inc. 17,200

Tuesday Morning Corp. 17,598

Tupperware Brands Corp. 92,055

Turning Point Therapeutics, Inc. 195,216

Twin Disc, Inc. 68,625


U.S. Physical Therapy, Inc. 320,359

Ultragenyx Pharmaceutical, Inc. 454,095

Ultralife Corp. 102,705

United Bancshares, Inc. 93,000

United Security Bancshares 73,897

United-Guardian, Inc. 55,160

Unity Bancorp, Inc. 114,480

Universal Stainless & Alloy Products, Inc. 58,800

Unum Therapeutics, Inc. 16,836

Upwork, Inc. 79,616

Uranium Energy Corp. 105,525

US Auto Parts Network, Inc. 195,160

USA Truck, Inc. 25,640

VAALCO Energy, Inc. 29,757

Valmont Industries, Inc. 73,872

Venture Global LNG, Inc., Series B 15,392

Venture Global LNG, Inc., Series C 227,032

Vince Holding Corp. 62,400


VIVUS, Inc. 26,992

VolitionRX, Ltd. 90,552

of 151

Volt Information Sciences, Inc. 12,523

VOXX International Corp. 95,400

Vroom, Inc. 159,433

Vroom, Inc. 52,183

Webster Financial Corp. 272,444

Welbilt, Inc. 395,449

Wendy's Co. 983,636

West Fraser Timber Co., Ltd. 173,195


Western Alliance Bancorp 2,122,590

WEX, Inc. 1,318,652

WidePoint Corp. 39,900

WillScot Corp. 1,521,400

Wintrust Financial Corp. 1,034,855

Wireless Telecom Group, Inc. 53,732

Woodward, Inc. 1,455,473

Xencor, Inc. 256,913

Xeris Pharmaceuticals, Inc. 154,200

XPO Logistics, Inc. 79

Xtant Medical Holdings, Inc. 61,500

YRC Worldwide, Inc. 44,400

ZAGG, Inc. 59,700

Zendesk, Inc. 137,200

Zentalis Pharmaceuticals, Inc. 65,797

Zovio, Inc. 70,000

Zynerba Pharmaceuticals, Inc. 113,090

Zynga, Inc., Class A 612,135

VALIC Company I - Small Cap Index Fund - (unaudited)

May 31, 2020


1-800-flowers.com, Inc., Class A 264,617

1Life Healthcare, Inc. 300,132

1st Constitution Bancorp 54,801

1st Source Corp. 235,177

22nd Century Group, Inc. 46,179

3D Systems Corp. 408,460

89bio, Inc. 36,476

8x8, Inc. 677,768

A10 Networks, Inc. 163,397

AAON, Inc. 1,071,970

AAR Corp. 324,011

Aaron's, Inc. 1,201,827

Abeona Therapeutics, Inc. 87,123

Abercrombie & Fitch Co., Class A 351,517

ABM Industries, Inc. 985,972

Abraxas Petroleum Corp. 14,987

Acacia Communications, Inc. 1,233,428

Acacia Research Corp. 61,437

ACADIA Pharmaceuticals, Inc. 2,694,395


Accelerate Diagnostics, Inc. 109,736

Acceleron Pharma, Inc. 2,144,512

ACCO Brands Corp. 287,488

Accuray, Inc. 90,342

AcelRx Pharmaceuticals, Inc. 52,477

Acer Therapeutics, Inc. 7,423


Aclaris Therapeutics, Inc. 20,933

ACNB Corp. 95,907

Acorda Therapeutics, Inc. 16,165

Acushnet Holdings Corp. 566,636

Adamas Pharmaceuticals, Inc. 30,379

Addus HomeCare Corp. 593,859

Adesto Technologies Corp. 157,429

Adient PLC 718,826

ADMA Biologics, Inc. 111,390

Adtalem Global Education, Inc. 851,490

ADTRAN, Inc. 261,824

Aduro Biotech, Inc. 103,201

Advanced Disposal Services, Inc. 1,091,799

Advanced Drainage Systems, Inc. 927,016

Advanced Emissions Solutions, Inc. 39,962

Advanced Energy Industries, Inc. 1,225,930

AdvanSix, Inc. 159,189

of 151

Adverum Biotechnologies, Inc. 628,493

Aegion Corp. 220,332

Aeglea BioTherapeutics, Inc. 111,059

Aerie Pharmaceuticals, Inc. 285,356

Aerojet Rocketdyne Holdings, Inc. 1,543,695

AeroVironment, Inc. 726,645

Affimed NV 116,578

AG Mortgage Investment Trust, Inc. 38,575

Agenus, Inc. 192,326

AgeX Therapeutics, Inc. 11,916

Agilysys, Inc. 191,723

Agree Realty Corp. 1,254,396


Air Transport Services Group, Inc. 606,890

Airgain, Inc. 38,883

Akcea Therapeutics, Inc. 90,383

Akebia Therapeutics, Inc. 662,095

Akero Therapeutics, Inc. 102,519

Akorn, Inc. 4,050

Akoustis Technologies, Inc. 107,739

Alamo Group, Inc. 485,294

Alarm.com Holdings, Inc. 966,371

Albany International Corp., Class A 889,968

Albireo Pharma, Inc. 164,520

Alder Biopharmaceuticals, Inc. CVR 33,212

Aldeyra Therapeutics, Inc. 54,361

Alector, Inc. 544,161

Alerus Financial Corp. 26,089

Alexander & Baldwin, Inc. 377,294

Alexander's, Inc. 266,856

Alico, Inc. 80,482

Allakos, Inc. 609,895

Allegheny Technologies, Inc. 526,130

Allegiance Bancshares, Inc. 231,105

Allegiant Travel Co. 667,429


Allied Motion Technologies, Inc. 123,299

Allogene Therapeutics, Inc. 900,062

Allscripts Healthcare Solutions, Inc. 492,751

Alpha & Omega Semiconductor, Ltd. 102,559

Alphatec Holdings, Inc. 83,802

Altair Engineering, Inc., Class A 753,382

Altisource Portfolio Solutions SA 38,734

Altra Industrial Motion Corp. 961,062

Altus Midstream Co., Class A 16,748

AMAG Pharmaceuticals, Inc. 125,072

Amalgamated Bank, Class A 74,960

Ambac Financial Group, Inc. 292,221

Ambarella, Inc. 884,747

AMC Entertainment Holdings, Inc., Class A 127,516


Amerant Bancorp, Inc. 121,546

Ameresco, Inc., Class A 232,305

American Assets Trust, Inc. 609,604

American Axle & Manufacturing Holdings, Inc. 383,741

American Eagle Outfitters, Inc. 693,989

American Equity Investment Life Holding Co. 942,257

American Finance Trust, Inc. 377,134

American National Bankshares, Inc. 128,128

American Outdoor Brands Corp. 308,112

American Public Education, Inc. 228,905

American Realty Investors, Inc. 9,012

American Renal Associates Holdings, Inc. 54,713

American Software, Inc., Class A 277,882

American States Water Co. 1,449,117

American Superconductor Corp. 74,559

American Vanguard Corp. 184,857

American Woodmark Corp. 509,611

America's Car-Mart, Inc. 235,686

Ameris Bancorp 713,477

AMERISAFE, Inc. 565,187

Ames National Corp. 85,968

Amicus Therapeutics, Inc. 1,537,930

Amkor Technology, Inc. 500,730

AMN Healthcare Services, Inc. 984,215

Amneal Pharmaceuticals, Inc. 277,410

Amphastar Pharmaceuticals, Inc. 322,248

of 151

Amplify Energy Corp. 6,926

Amyris, Inc. 107,223

AnaptysBio, Inc. 225,850

Anavex Life Sciences Corp. 97,596

Andersons, Inc. 196,603

AngioDynamics, Inc. 181,442

ANI Pharmaceuticals, Inc. 136,788

Anika Therapeutics, Inc. 216,369

Anixter International, Inc. 1,405,788

Antares Pharma, Inc. 223,648

Anterix, Inc. 277,648

Anworth Mtg. Asset Corp. 68,703

Apellis Pharmaceuticals, Inc. 928,901

Apogee Enterprises, Inc. 260,355

Apollo Commercial Real Estate Finance, Inc. 612,007

Apollo Medical Holdings, Inc. 76,977

Appfolio, Inc., Class A 1,200,079

Appian Corp. 934,771

Applied Industrial Technologies, Inc. 1,071,898

Applied Optoelectronics, Inc. 80,865

Applied Therapeutics, Inc. 178,529

Aprea Therapeutics, Inc. 83,588

Apyx Medical Corp. 71,235

ArcBest Corp. 274,770

Arch Resources, Inc., Class A 239,454

Archrock, Inc. 394,265

Arcosa, Inc. 895,430

Arcus Biosciences, Inc. 490,377


Ardelyx, Inc. 220,530

Ardmore Shipping Corp. 93,954

Arena Pharmaceuticals, Inc. 1,454,383

Ares Commercial Real Estate Corp. 112,055

Ares Management Corp., Class A 1,300,908

Argan, Inc. 262,370

Argo Group International Holdings, Ltd. 482,907

Arlington Asset Investment Corp., Class A 41,726

Arlo Technologies, Inc. 79,942

Armada Hoffler Properties, Inc. 232,231

ARMOUR Residential REIT, Inc. 222,341

Armstrong Flooring, Inc. 29,169

Arrow Financial Corp. 179,800

Arrowhead Pharmaceuticals, Inc. 1,555,129

Artesian Resources Corp., Class A 135,314

Artisan Partners Asset Management, Inc., Class A 698,554

Arvinas, Inc. 340,053

Asbury Automotive Group, Inc. 672,421

Ascena Retail Group, Inc. 6,301

ASGN, Inc. 1,516,654

Ashford Hospitality Trust, Inc. 29,932


Assertio Holdings, Inc. 30,656


Associated Capital Group, Inc., Class A 38,049

Astec Industries, Inc. 457,212

Astronics Corp. 100,567

AstroNova, Inc. 21,412

At Home Group, Inc. 108,864

Atara Biotherapeutics, Inc. 285,269

Athenex, Inc. 357,612

Athersys, Inc. 187,768

Atkore International Group, Inc. 613,938

Atlantic Capital Bancshares, Inc. 117,614

Atlantic Power Corp. 108,158

Atlantic Union Bankshares Corp. 891,182

Atlas Air Worldwide Holdings, Inc. 437,511

ATN International, Inc. 316,721

Atreca, Inc., Class A 153,356

AtriCure, Inc. 875,305

Atrion Corp. 442,973

Avalon GloboCare Corp. 16,604


Avaya Holdings Corp. 671,527

Avid Bioservices, Inc. 157,709

Avid Technology, Inc. 96,397

Avis Budget Group, Inc. 596,855

Avista Corp. 1,256,848

of 151

Avrobio, Inc. 228,365

Axcelis Technologies, Inc. 417,303

Axcella Health, Inc. 22,548

AxoGen, Inc. 158,527


Axonics Modulation Technologies, Inc. 328,086

Axos Financial, Inc. 607,348

Axsome Therapeutics, Inc. 1,001,510

AXT, Inc. 98,161

AZZ, Inc. 396,320

B&G Foods, Inc. 709,975

B. Riley Financial, Inc. 190,108

Badger Meter, Inc. 843,321

Balchem Corp. 1,561,786

Banc of California, Inc. 239,049

BancFirst Corp. 342,051

Banco Latinoamericano de Comercio Exterior SA, Class E 175,442

Bancorp, Inc. 212,934

BancorpSouth Bank 1,062,883

Bandwidth, Inc., Class A 858,533

Bank First Corp. 173,520

Bank of Commerce Holdings 63,711

Bank of Marin Bancorp 214,485

Bank of N.T. Butterfield & Son, Ltd. 623,380

Bank of Princeton 55,858

Bank7 Corp. 18,268

BankFinancial Corp. 60,981

Bankwell Financial Group, Inc. 46,892

Banner Corp. 635,403

Bar Harbor Bankshares 144,942

Barnes & Noble Education, Inc. 31,098

Barnes Group, Inc. 858,059

Barrett Business Services, Inc. 177,197

Bassett Furniture Industries, Inc. 29,427

Baudax Bio, Inc. 16,681

Baycom Corp. 66,440

BBX Capital Corp. 55,443

BCB Bancorp, Inc. 68,847

Beacon Roofing Supply, Inc. 643,985


Beazer Homes USA, Inc. 137,902

Bed Bath & Beyond, Inc. 427,120

Bel Fuse, Inc., Class B 44,564

Belden, Inc. 640,122


Benchmark Electronics, Inc. 376,970

Benefitfocus, Inc. 181,746

Benefytt Technologies, Inc. 92,281

Berkshire Hills Bancorp, Inc. 234,989

Berry Corp. 128,010

Beyondspring, Inc. 105,213

BG Staffing, Inc. 49,935

Big Lots, Inc. 727,028

Biglari Holdings, Inc., Class B 27,883

BioCryst Pharmaceuticals, Inc. 333,062

BioDelivery Sciences International, Inc. 192,357

Biohaven Pharmaceutical Holding Co., Ltd. 1,287,694

BioLife Solutions, Inc. 57,542

BioSig Technologies, Inc. 72,920

BioSpecifics Technologies Corp. 183,863

BioTelemetry, Inc. 754,408

Bioxcel Therapeutics, Inc. 155,697

BJ's Restaurants, Inc. 200,172


Black Diamond Therapeutics, Inc. 227,037

Black Hills Corp. 1,816,187

Blackbaud, Inc. 1,380,031

Blackline, Inc. 1,547,818

Blackstone Mtg. Trust, Inc., Class A 1,458,452

Bloom Energy Corp. Class A 213,269

Bloomin' Brands, Inc. 478,490

Blucora, Inc. 284,772

Blue Bird Corp. 106,190

Bluegreen Vacations Corp. 15,042

BlueLinx Holdings, Inc. 29,732


Bluerock Residential Growth REIT, Inc. 72,903

of 151

BMC Stock Holdings, Inc. 839,952

Boingo Wireless, Inc. 286,864

Boise Cascade Co. 636,871

Bonanza Creek Energy, Inc. 154,077

Boot Barn Holdings, Inc. 294,147


Boston Omaha Corp., Class A 82,449

Boston Private Financial Holdings, Inc. 274,560

Bottomline Technologies, Inc. 1,055,921

Box, Inc., Class A 1,409,129

Boyd Gaming Corp. 830,271

Brady Corp., Class A 1,192,710

Braemar Hotels & Resorts, Inc. 49,205

Bridge Bancorp, Inc. 167,333

Bridgebio Pharma, Inc. 1,058,666

Bridgewater Bancshares, Inc. 112,234

Bridgford Foods Corp. 13,144

Briggs & Stratton Corp. 32,534

Brigham Minerals, Inc., Class A 180,121

Brightcove, Inc. 150,386

BrightSphere Investment Group, Inc. 264,503

BrightView Holdings, Inc. 205,815

Brinker International, Inc. 474,484

Brink's Co. 964,646

Brookdale Senior Living, Inc. 325,524

Brookline Bancorp, Inc. 351,428

Brooks Automation, Inc. 1,395,113

BRP Group, Inc., Class A 105,574

BRT Apartments Corp. 53,557

Bryn Mawr Bank Corp. 266,175

Buckle, Inc. 196,008

Builders FirstSource, Inc. 1,143,010

Business First Bancshares, Inc. 87,128

Byline Bancorp, Inc. 136,384

C&F Financial Corp. 58,637

Cabaletta Bio, Inc. 27,394


Cactus, Inc., Class A 432,906

Cadence BanCorp 488,332

Cadiz, Inc. 70,151

Caesarstone, Ltd. 121,025

CAI International, Inc. 148,844

CalAmp Corp. 123,146

Calavo Growers, Inc. 456,905

Caleres, Inc. 136,158

California Resources Corp. 30,978

California Water Service Group 1,088,755

Calithera Biosciences, Inc. 156,238

Calix, Inc. 317,419

Callaway Golf Co. 690,028

Callon Petroleum Co. 123,847

Cal-Maine Foods, Inc. 676,421

Calyxt, Inc. 19,500

Cambium Networks Corp. 11,655

Cambridge Bancorp 133,922

Camden National Corp. 242,628

Camping World Holdings, Inc., Class A 336,021

Cannae Holdings, Inc. 1,311,258

Capital Bancorp, Inc. 44,166

Capital City Bank Group, Inc. 131,705

Capitol Federal Financial, Inc. 746,202

Capstar Financial Holdings, Inc. 81,043

Capstead Mtg. Corp. 227,993


Cardiovascular Systems, Inc. 644,223

Cardlytics, Inc. 469,685

Cardtronics PLC, Class A 428,623

CareDx, Inc. 636,426

CareTrust REIT, Inc. 857,241

Cargurus, Inc. 938,579

Carpenter Technology Corp. 530,429

Carriage Services, Inc. 148,150

Carrols Restaurant Group, Inc. 72,166

Cars.com, Inc. 199,427

Carter Bank & Trust 77,039

Casa Systems, Inc. 66,351

Casella Waste Systems, Inc., Class A 1,125,791

of 151

CASI Pharmaceuticals, Inc. 64,141

Casper Sleep, Inc. 22,938

Cass Information Systems, Inc. 273,707

Castle Biosciences, Inc. 175,471

Castlight Health, Inc., Class B 38,686

Catalyst Pharmaceuticals, Inc. 200,316

Catasys, Inc. 68,780

CatchMark Timber Trust, Inc., Class A 185,448

Cathay General Bancorp 1,004,861

Cato Corp., Class A 103,645

Cavco Industries, Inc. 789,479

cbdMD, Inc. 22,647

CBIZ, Inc. 559,976

CBL & Associates Properties, Inc. 24,539

CBTX, Inc. 177,103

CECO Environmental Corp. 78,609

Cedar Realty Trust, Inc. 30,764

Celcuity, Inc. 27,585

Cellular Biomedicine Group, Inc. 80,279

CEL-SCI Corp. 211,161

Celsius Holdings, Inc. 134,906

CenterState Bank Corp. 917,964

Centogene NV 15,911

Central European Media Enterprises, Ltd., Class A 170,912

Central Garden & Pet Co. 175,011

Central Garden & Pet Co., Class A 667,385

Central Pacific Financial Corp. 214,037

Central Valley Community Bancorp 80,782

Century Aluminum Co. 144,220

Century Bancorp, Inc., Class A 102,996

Century Casinos, Inc. 71,832

Century Communities, Inc. 407,061

Cerecor, Inc. 35,465

Cerus Corp. 470,537

CEVA, Inc. 360,660

ChannelAdvisor Corp. 179,453

Chaparral Energy, Inc., Class A 7,463

Charah Solutions, Inc. 8,297

Chart Industries, Inc. 681,223

Chase Corp. 351,366

Chatham Lodging Trust 149,270

Checkpoint Therapeutics, Inc. 35,981

Cheesecake Factory, Inc. 430,524

Chefs' Warehouse, Inc. 174,211

Chegg, Inc. 3,485,164

ChemoCentryx, Inc. 1,224,716

Chemung Financial Corp. 43,778

Cherry Hill Mtg. Investment Corp. 69,385

Chesapeake Utilities Corp. 695,618

Chiasma, Inc. 103,156

Chico's FAS, Inc. 75,935

Children's Place, Inc. 294,270

Chimerix, Inc. 72,063

ChromaDex Corp. 95,070

Churchill Downs, Inc. 2,247,032

Chuy's Holdings, Inc. 127,792

CIM Commercial Trust Corp. 56,598

Cimpress PLC 812,522

Cincinnati Bell, Inc. 352,032

CIRCOR International, Inc. 151,265

Cirrus Logic, Inc. 2,034,948

Citi Trends, Inc. 85,309

Citizens & Northern Corp. 110,841

Citizens, Inc. 144,917

City Holding Co. 482,191

City Office REIT, Inc. 238,561

Civista Bancshares, Inc. 112,639

Clarus Corp. 118,833

Clean Energy Fuels Corp. 135,288

Clear Channel Outdoor Holdings, Inc. 22,739

Clearfield, Inc. 74,627

Clearwater Paper Corp. 223,127

Clearway Energy, Inc., Class A 340,811

Clearway Energy, Inc., Class C 836,151

Cleveland-Cliffs, Inc. 993,016

Clipper Realty, Inc. 51,239

Cloudera, Inc. 1,221,083

of 151

Clovis Oncology, Inc. 167,865

CNB Financial Corp. 123,951

CNO Financial Group, Inc. 1,024,934

CNX Resources Corp. 915,459

Coastal Financial Corp. 47,485

Coca-Cola Consolidated, Inc. 551,126

Coda Octopus Group, Inc. 16,027

Codexis, Inc. 316,375

Codorus Valley Bancorp, Inc. 60,195

Coeur Mining, Inc. 660,008

Cogent Communications Holdings, Inc. 1,564,528

Cohen & Steers, Inc. 697,461

Coherus Biosciences, Inc. 561,977

Cohu, Inc. 292,134

Collectors Universe, Inc. 96,188

Collegium Pharmaceutical, Inc. 341,444

Colony Bankcorp, Inc. 45,525

Colony Credit Real Estate, Inc. 192,971

Columbia Banking System, Inc. 846,242

Columbia Financial, Inc. 354,150

Columbus McKinnon Corp. 337,673

Comfort Systems USA, Inc. 648,499

Commercial Metals Co. 975,083

Commercial Vehicle Group, Inc. 37,024

Community Bank System, Inc. 1,456,028

Community Bankers Trust Corp. 59,278

Community Financial Corp. 55,885

Community Health Systems, Inc. 130,763

Community Healthcare Trust, Inc. 336,739

Community Trust Bancorp, Inc. 244,757

CommVault Systems, Inc. 813,974

Compass Minerals International, Inc. 792,127

Computer Programs & Systems, Inc. 135,374

CompX International, Inc. 11,186

comScore, Inc. 88,820

Comstock Resources, Inc. 40,002

Comtech Telecommunications Corp. 203,604

Concert Pharmaceuticals, Inc. 137,009

Concrete Pumping Holdings, Inc. 42,531

Conduent, Inc. 199,309

Conformis, Inc. 30,794

CONMED Corp. 963,653

ConnectOne Bancorp, Inc. 239,823

Conn's, Inc. 62,792

CONSOL Energy, Inc. 84,655

Consolidated Communications Holdings, Inc. 205,834

Consolidated Water Co., Ltd. 103,069


Construction Partners, Inc., Class A 159,318

Container Store Group, Inc. 21,845

Contura Energy, Inc. 33,542

Cooper Tire & Rubber Co. 623,412

Cooper-Standard Holdings, Inc. 84,759

Corbus Pharmaceuticals Holdings, Inc. 236,639

Corcept Therapeutics, Inc. 698,378

CoreCivic, Inc. 690,702

Core-Mark Holding Co., Inc. 610,803

CorEnergy Infrastructure Trust, Inc. 62,010

CorePoint Lodging, Inc. 76,313

CorMedix, Inc. 54,088

Cornerstone Building Brands, Inc. 120,086

Cornerstone OnDemand, Inc. 1,061,020

Cortexyme, Inc. 252,711

CorVel Corp. 289,279

Costamare, Inc. 114,489

Covanta Holding Corp. 511,767

Covenant Transportation Group, Inc., Class A 76,570

Covia Holdings Corp. 10,062

Cowen, Inc., Class A 177,713

CRA International, Inc. 146,696

Cracker Barrel Old Country Store, Inc. 1,240,887

Craft Brew Alliance, Inc. 84,435

Crawford & Co., Class A 47,227

Crinetics Pharmaceuticals, Inc. 86,929

Crocs, Inc. 952,670

Cross Country Healthcare, Inc. 104,507

CrossFirst Bankshares, Inc. 222,146

of 151

CryoLife, Inc. 399,275

CryoPort, Inc. 373,071

CSG Systems International, Inc. 750,498

CSW Industrials, Inc. 512,584

CTO Realty Growth, Inc. 98,475

CTS Corp. 334,184

Cubic Corp. 620,911

Cue Biopharma, Inc. 266,226

Culp, Inc. 40,956

Cumulus Media, Inc., Class A 35,838

Curo Group Holdings Corp. 50,108

Cushman & Wakefield PLC 556,514

Customers Bancorp, Inc. 151,523

Cutera, Inc. 89,720

CVB Financial Corp. 1,255,390

CVR Energy, Inc. 290,843


Cymabay Therapeutics, Inc. 122,965

Cytokinetics, Inc. 555,525

CytomX Therapeutics, Inc. 192,209

CytoSorbents Corp. 150,618

Daily Journal Corp. 152,935

Daktronics, Inc. 74,861

Dana, Inc. 879,908

Darling Ingredients, Inc. 1,844,777

DASAN Zhone Solutions, Inc. 27,871

Daseke, Inc. 60,916

Dave & Buster's Entertainment, Inc. 196,135

Deciphera Pharmaceuticals, Inc. 591,850

Deckers Outdoor Corp. 2,471,274

Del Taco Restaurants, Inc. 84,821

Delek US Holdings, Inc. 701,452


Deluxe Corp. 474,392

Denali Therapeutics, Inc. 699,117

Denbury Resources, Inc. 49,449


Designer Brands, Inc., Class A 181,184

DHI Group, Inc. 64,432

DHT Holdings, Inc. 316,650

Diamond Hill Investment Group, Inc. 158,909

Diamond S Shipping, Inc. 142,481

DiamondRock Hospitality Co. 581,353

Dicerna Pharmaceuticals, Inc. 555,277

Diebold Nixdorf, Inc. 177,249

Digi International, Inc. 153,271

Digimarc Corp. 97,089

Digital Turbine, Inc. 242,721

Dillard's, Inc., Class A 142,487

Dime Community Bancshares, Inc. 214,964

Dine Brands Global, Inc. 349,412

Diodes, Inc. 973,627

Diversified Healthcare Trust 408,424

DLB Oil & Gas, Inc. 0

DMC Global, Inc. 194,226

Domo, Inc., Class B 217,929

Donegal Group, Inc., Class A 70,908

Donnelley Financial Solutions, Inc. 122,429

Dorian LPG, Ltd. 107,435

Dorman Products, Inc. 908,051

Douglas Dynamics, Inc. 394,486

Dril-Quip, Inc. 529,971

Drive Shack, Inc. 51,832

DSP Group, Inc. 191,553

Ducommun, Inc. 166,506

Duluth Holdings, Inc., Class B 23,490

DXP Enterprises, Inc. 138,149

Dycom Industries, Inc. 616,807

Dynavax Technologies Corp. 245,742

Dynex Capital, Inc. 138,605

e.l.f. Beauty, Inc. 216,684

E.W. Scripps Co., Class A 228,559

Eagle Bancorp, Inc. 505,269

Eagle Bulk Shipping, Inc. 37,749

Eagle Pharmaceuticals, Inc. 224,878

Earthstone Energy, Inc., Class A 28,396

Easterly Government Properties, Inc. 898,910

of 151

Eastern Co. 48,721


Ebix, Inc. 251,216

Echo Global Logistics, Inc. 267,382

Edgewell Personal Care Co. 792,441

Editas Medicine, Inc. 674,639

eGain Corp. 103,288

eHealth, Inc. 1,432,272

Eidos Therapeutics, Inc. 265,532

Eiger BioPharmaceuticals, Inc. 136,319

El Paso Electric Co. 1,329,629

El Pollo Loco Holdings, Inc. 130,725


ElectroCore, Inc. 5,813

Elevate Credit, Inc. 17,927

Ellington Financial, Inc. 195,830

Eloxx Pharmaceuticals, Inc. 41,090

EMCOR Group, Inc. 1,709,559

Emerald Holding, Inc. 26,438

Emergent BioSolutions, Inc. 1,835,528

Employers Holdings, Inc. 454,687

Enanta Pharmaceuticals, Inc. 472,060

Encore Capital Group, Inc. 473,024

Encore Wire Corp. 473,773

Endo International PLC 418,138

Endurance International Group Holdings, Inc. 124,949

Energous Corp. 26,866

Energy Fuels, Inc. 81,120

Energy Recovery, Inc. 139,152

Enerpac Tool Group Corp. 474,278

EnerSys 1,301,765

Ennis, Inc. 218,655

Enochian Biosciences, Inc. 23,554

Enova International, Inc. 219,665

Enphase Energy, Inc. 2,575,140

EnPro Industries, Inc. 446,878

Ensign Group, Inc. 1,065,894

Enstar Group, Ltd. 788,896

Entercom Communications Corp., Class A 95,928

Enterprise Bancorp, Inc. 99,533

Enterprise Financial Services Corp. 343,952

Entravision Communications Corp., Class A 43,239


Enzo Biochem, Inc. 60,597

Epizyme, Inc. 656,633

ePlus, Inc. 474,103

Equity Bancshares, Inc., Class A 116,829

Era Group, Inc. 47,059

Eros International PLC 113,570

Escalade, Inc. 51,247

ESCO Technologies, Inc. 1,017,012

Esperion Therapeutics, Inc. 516,745

Esquire Financial Holdings, Inc. 53,446

ESSA Bancorp, Inc. 64,733

Essent Group, Ltd. 1,534,280

Essential Properties Realty Trust, Inc. 601,947

Ethan Allen Interiors, Inc. 127,498

Evans Bancorp, Inc. 60,293

Evelo Biosciences, Inc. 28,943

Eventbrite, Inc., Class A 151,755

Everbridge, Inc. 2,343,085

Everi Holdings, Inc. 240,346

EverQuote, Inc., Class A 228,459

EVERTEC, Inc. 851,032

EVI Industries, Inc. 43,606

Evo Payments, Inc., Class A 426,284

Evofem Biosciences, Inc. 71,575

Evolent Health, Inc., Class A 316,918

Evolus, Inc. 40,682

Evolution Petroleum Corp. 31,952

Evoqua Water Technologies Corp. 688,145

Exagen, Inc. 18,498

Exantas Capital Corp. 29,392

Exela Technologies, Inc. 7,017

ExlService Holdings, Inc. 988,140

eXp World Holdings, Inc. 106,259

Exponent, Inc. 1,851,026

of 151

Express, Inc. 59,123

Exterran Corp. 89,700

Extraction Oil & Gas, Inc. 11,829

Extreme Networks, Inc. 185,506

EyePoint Pharmaceuticals, Inc. 26,136

EZCORP, Inc., Class A 126,441

Fabrinet 1,123,298

Falcon Minerals Corp. 46,292

Farmer Brothers Co. 39,768

Farmers & Merchants Bancorp, Inc. 105,564

Farmers National Banc Corp. 144,983

Farmland Partners, Inc. 92,419

FARO Technologies, Inc. 467,237

Fate Therapeutics, Inc. 947,929

FB Financial Corp. 193,578

FBL Financial Group, Inc., Class A 166,623

Federal Agricultural Mtg. Corp., Class C 278,773

Federal Signal Corp. 838,999

Federated Hermes, Inc. 1,028,779

FedNat Holding Co. 67,813

Ferro Corp. 472,723

Ferroglobe Representation & Warranty Trust 0

FGL Holdings 585,968

FibroGen, Inc. 1,265,704

Fidelity D&D Bancorp, Inc. 51,135

Fiesta Restaurant Group, Inc. 93,945

Financial Institutions, Inc. 131,914

First Bancorp, Inc. 101,772

First Bancorp/North Carolina 358,930

First BanCorp/Puerto Rico 565,844

First Bancshares, Inc. 190,180

First Bank 59,775

First Busey Corp. 443,290

First Business Financial Services, Inc. 65,819

First Capital, Inc. 95,985

First Choice Bancorp 68,283

First Commonwealth Financial Corp. 385,752

First Community Bankshares, Inc. 184,359

First Defiance Financial Corp. 295,425

First Financial Bancorp 624,258

First Financial Bankshares, Inc. 1,915,460

First Financial Corp. 221,481

First Financial Northwest, Inc. 36,862

First Foundation, Inc. 280,686

First Guaranty Bancshares, Inc. 29,548

First Industrial Realty Trust, Inc. 2,302,157

First Internet Bancorp 73,260

First Interstate BancSystem, Inc., Class A 569,969

First Merchants Corp. 729,672

First Mid Bancshares, Inc. 178,430

First Midwest Bancorp, Inc. 670,013

First Northwest Bancorp 57,237

First of Long Island Corp. 169,405


Fitbit, Inc., Class A 706,650

Five Prime Therapeutics, Inc. 87,095

Five9, Inc. 3,003,565


Flagstar Bancorp, Inc. 489,603

Flexion Therapeutics, Inc. 186,012

Flexsteel Industries, Inc. 36,185

Flotek Industries, Inc. 25,385

Fluent, Inc. 40,989

Fluidigm Corp. 145,240

Flushing Financial Corp. 147,715

FNCB Bancorp, Inc. 45,831

Focus Financial Partners, Inc., Class A 411,392

ForeScout Technologies, Inc. 491,144

Forestar Group, Inc. 121,572

FormFactor, Inc. 915,307

Forrester Research, Inc. 162,683

Forterra, Inc. 78,930


Forward Air Corp. 675,002

Fossil Group, Inc. 68,765

Foundation Building Materials, Inc. 130,589

Four Corners Property Trust, Inc. 730,561

of 151

Fox Factory Holding Corp. 1,307,499

Franklin Covey Co. 99,982

Franklin Electric Co., Inc. 1,129,687

Franklin Financial Network, Inc. 155,827

Franklin Financial Services Corp. 49,900

Franklin Street Properties Corp. 267,117

Frank's International NV 115,580

Frequency Therapeutics, Inc. 51,968

Fresh Del Monte Produce, Inc. 367,924

Freshpet, Inc. 1,280,030

Front Yard Residential Corp. 178,973

FRP Holdings, Inc. 132,690

FS Bancorp, Inc. 81,354


FTS International, Inc. 4,789

Fulcrum Therapeutics, Inc. 121,232

Fulton Financial Corp. 866,791

Funko, Inc., Class A 59,602

FutureFuel Corp. 162,728

FVCBankcorp, Inc. 65,734


Gaia, Inc. 39,635

GAIN Capital Holdings, Inc. 58,492

Galectin Therapeutics, Inc. 58,476

Galera Therapeutics, Inc. 8,630

GAMCO Investors, Inc., Class A 32,235

GameStop Corp., Class A 128,373

Gannett Co, Inc. 74,105

GasLog, Ltd. 66,868

GATX Corp. 1,058,926

GCP Applied Technologies, Inc. 524,969

Genco Shipping & Trading, Ltd. 34,503

Gencor Industries, Inc. 52,130


General Finance Corp. 33,178

Genesco, Inc. 126,472

Genesis Healthcare, Inc. 34,790

Genie Energy, Ltd., Class B 58,875

GenMark Diagnostics, Inc. 253,554

Gentherm, Inc. 648,351

Genworth Financial, Inc., Class A 743,935

GEO Group, Inc. 687,137

Geospace Technologies Corp. 50,227

German American Bancorp, Inc. 369,715

Geron Corp. 143,717

Getty Realty Corp. 428,076

Gibraltar Industries, Inc. 684,532

G-III Apparel Group, Ltd. 219,667

Glacier Bancorp, Inc. 1,724,255

Gladstone Commercial Corp. 280,538

Gladstone Land Corp. 128,470

Glaukos Corp. 730,680

Global Blood Therapeutics, Inc. 1,951,537

Global Indemnity, Ltd. 97,210

Global Medical REIT, Inc. 199,263

Global Net Lease, Inc. 608,832

Global Water Resources, Inc. 63,941

Globus Medical, Inc., Class A 2,002,212

Glu Mobile, Inc. 556,954

GlycoMimetics, Inc. 46,112

GMS, Inc. 398,469

GNC Holdings, Inc., Class A 29,725

Gogo, Inc. 55,039

Golar LNG, Ltd. 362,060

Gold Resource Corp. 114,071

Golden Entertainment, Inc. 100,499

Goodrich Petroleum Corp. 35,199

Goosehead Insurance, Inc., Class A 330,145

GoPro, Inc., Class A 289,495

Gorman-Rupp Co. 260,303

Gossamer Bio, Inc. 251,031

GP Strategies Corp. 48,348

Graham Corp. 52,899

Granite Construction, Inc. 397,778

Granite Point Mtg. Trust, Inc. 128,550

Gray Television, Inc. 611,659

Great Ajax Corp. 70,561

of 151

Great Lakes Dredge & Dock Corp. 272,214

Great Southern Bancorp, Inc. 216,388

Great Western Bancorp, Inc. 388,154

Green Brick Partners, Inc. 125,361

Green Dot Corp., Class A 890,014

Green Plains, Inc. 141,349

Greenbrier Cos., Inc. 328,358

Greene County Bancorp, Inc. 35,116

Greenhill & Co., Inc. 73,200

Greenlane Holdings, Inc., Class A 16,694

Greenlight Capital Re, Ltd., Class A 101,736

Greif, Inc., Class A 423,527

Greif, Inc., Class B 111,378

Griffin Industrial Realty, Inc. 18,781

Griffon Corp. 295,394

Gritstone Oncology, Inc. 77,572

Group 1 Automotive, Inc. 534,927

Groupon, Inc. 277,550

GSI Technology, Inc. 58,229

GTT Communications, Inc. 129,925

GTY Technology Holdings, Inc. 71,610

Guaranty Bancshares, Inc. 99,570

Guess?, Inc. 212,100

Gulfport Energy Corp. 116,539

GWG Holdings, Inc. 11,042

H&E Equipment Services, Inc. 263,733

H.B. Fuller Co. 923,232

Hackett Group, Inc. 162,460


Hallador Energy Co. 6,892

Hallmark Financial Services, Inc. 14,665

Halozyme Therapeutics, Inc. 1,572,599

Hamilton Beach Brands Holding Co., Class A 29,729

Hamilton Lane, Inc., Class A 776,626

Hancock Whitney Corp. 904,213


Hanmi Financial Corp. 131,802

Hannon Armstrong Sustainable Infrastructure Capital, Inc. 885,240

HarborOne Bancorp, Inc. 100,677

Harmonic, Inc. 231,490

Harpoon Therapeutics,, Inc.. 76,878

Harsco Corp. 419,404

Haverty Furniture Cos., Inc. 148,711

Hawaiian Holdings, Inc. 316,320

Hawkins, Inc. 201,587

Hawthorn Bancshares, Inc. 53,702

Haynes International, Inc. 136,660

HBT Financial, Inc. 55,739

HCI Group, Inc. 132,442

Health Catalyst, Inc. 248,005


Healthcare Services Group, Inc. 857,269


HealthStream, Inc. 285,935

Heartland Express, Inc. 484,669

Heartland Financial USA, Inc. 536,296

Hecla Mining Co. 829,313

Heidrick & Struggles International, Inc. 201,150


Helios Technologies, Inc. 504,894

Helix Energy Solutions Group, Inc. 229,753

Hemisphere Media Group, Inc. 82,173

Herc Holdings, Inc. 331,028

Heritage Commerce Corp. 214,388

Heritage Financial Corp. 335,540

Heritage Insurance Holdings, Inc. 158,405

Heritage-Crystal Clean, Inc. 122,756

Herman Miller, Inc. 653,653

Heron Therapeutics, Inc. 737,892

Hersha Hospitality Trust 83,442

Hertz Global Holdings, Inc. 48,901

Heska Corp. 296,852

HF Foods Group, Inc. 75,860

Hibbett Sports, Inc. 160,684

HighPoint Resources Corp. 12,991

Hillenbrand, Inc. 905,765

Hilltop Holdings, Inc. 629,703

of 151

Hingham Institution for Savings 109,816

HMS Holdings Corp. 1,321,639

HNI Corp. 525,828

Home Bancorp, Inc. 87,199

Home BancShares, Inc. 1,082,052

HomeStreet, Inc. 252,063

HomeTrust Bancshares, Inc. 114,972


Hooker Furniture Corp. 91,296

Hookipa Pharma, Inc. 52,390

Hope Bancorp, Inc. 551,897

Horace Mann Educators Corp. 727,807

Horizon Bancorp 184,506

Hostess Brands, Inc. 695,303

Houghton Mifflin Harcourt Co. 76,970

Houlihan Lokey, Inc. 1,226,595

Howard Bancorp, Inc. 64,004

Hub Group, Inc., Class A 728,443

Hudson, Ltd., Class A 96,324

Hurco Cos., Inc. 97,187

Huron Consulting Group, Inc. 499,793

Hyster-Yale Materials Handling, Inc. 178,474

I3 Verticals, Inc., Class A 203,578

IBERIABANK Corp. 1,066,781

ICF International, Inc. 573,497

Ichor Holdings, Ltd. 243,812

Ideanomics, Inc. 19,473

IDT Corp., Class B 50,866

IES Holdings, Inc. 93,062

IGM Biosciences, Inc. 154,565

II-VI, Inc. 2,069,266

IMAX Corp. 317,860

Immersion Corp. 101,467

ImmunoGen, Inc. 381,003


Impinj, Inc. 209,049

Independence Contract Drilling, Inc. 7,058

Independence Holding Co. 69,546

Independence Realty Trust, Inc. 433,934

Independent Bank Corp. 144,087

Independent Bank Corp. 1,111,728

Independent Bank Group, Inc. 650,816

Industrial Logistics Properties Trust 585,656

Infinera Corp. 428,146

Information Services Group, Inc. 29,567

Ingevity Corp. 1,067,200

Ingles Markets, Inc., Class A 290,472

InnerWorkings, Inc. 25,311

Innospec, Inc. 902,955

Innovative Industrial Properties, Inc. 641,339

Innoviva, Inc. 429,969

Inogen, Inc. 334,552

Inovalon Holdings, Inc., Class A 659,886

Inovio Pharmaceuticals, Inc. 674,311

Inphi Corp. 2,722,264

Inseego Corp. 232,737

Insight Enterprises, Inc. 863,013

Insmed, Inc. 1,042,138

Insperity, Inc. 924,204

Inspire Medical Systems, Inc. 529,032

Inspired Entertainment, Inc. 11,465

Installed Building Products, Inc. 701,552

Insteel Industries, Inc. 156,873

Integer Holdings Corp. 1,240,038

Intellia Therapeutics, Inc. 326,159

Intelligent Systems Corp. 105,251

Inter Parfums, Inc. 393,650

Intercept Pharmaceuticals, Inc. 875,936

InterDigital, Inc. 826,254

Interface, Inc. 236,727

International Bancshares Corp. 825,089

International Money Express, Inc. 95,818

International Seaways, Inc. 275,539

Intersect ENT, Inc. 165,009

INTL. FCStone, Inc. 391,961

Intra-Cellular Therapies, Inc. 530,164

Intrepid Potash, Inc. 56,501

of 151

IntriCon Corp. 55,895

Invacare Corp. 99,810

Invesco Mtg. Capital, Inc. 221,520

Investar Holding Corp. 57,916

Investors Bancorp, Inc. 950,816

Investors Real Estate Trust 397,962

Investors Title Co. 84,739

Invitae Corp. 702,252


iRadimed Corp. 50,894


Iridium Communications, Inc. 1,097,652

iRobot Corp. 985,268

Ironwood Pharmaceuticals, Inc. 732,455

iStar, Inc. 312,937

Iteris, Inc. 93,035

Itron, Inc. 1,064,541

J Alexander's Holdings, Inc. 26,699

J&J Snack Foods Corp. 937,327

J. Jill, Inc. 4,978

j2 Global, Inc. 1,759,636

Jack in the Box, Inc. 745,598

James River Group Holdings, Ltd. 551,782

JELD-WEN Holding, Inc. 443,575

Jernigan Capital, Inc. 129,644

John B. Sanfilippo & Son, Inc. 361,323

John Bean Technologies Corp. 1,234,797

Johnson Outdoors, Inc., Class A 200,234

Joint Corp. 95,057

Jounce Therapeutics, Inc. 42,020

K12, Inc. 466,032

Kadant, Inc. 512,618

Kadmon Holdings, Inc. 343,172

Kaiser Aluminum Corp. 544,583

Kala Pharmaceuticals, Inc. 140,691

Kaleido Biosciences, Inc. 39,515

KalVista Pharmaceuticals, Inc. 68,411

Kaman Corp. 533,440

Karuna Therapeutics, Inc. 474,744

Karyopharm Therapeutics, Inc. 530,811

KB Home 1,383,174

KBR, Inc. 1,600,345

Kearny Financial Corp. 321,401

Kelly Services, Inc., Class A 239,240

KEMET Corp. 741,487

Kennametal, Inc. 1,097,838

Kennedy-Wilson Holdings, Inc. 829,003

Kezar Life Sciences, Inc. 71,254

Kforce, Inc. 294,359

Kimball Electronics, Inc. 167,768

Kimball International, Inc., Class B 192,300

Kindred Biosciences, Inc. 76,564

Kiniksa Pharmaceuticals, Ltd., Class A 140,288

Kinsale Capital Group, Inc. 1,469,906

Kite Realty Group Trust 387,331

KKR Real Estate Finance Trust, Inc. 197,000

KLX Energy Services Holdings, Inc. 15,460

Knoll, Inc. 249,491

Knowles Corp. 589,538

Kodiak Sciences, Inc. 873,204

Kontoor Brands, Inc. 311,640

Koppers Holdings, Inc. 150,257

Korn Ferry 805,219

Kraton Corp. 230,001

Kratos Defense & Security Solutions, Inc. 805,515

Kronos Worldwide, Inc. 106,521


Kura Oncology, Inc. 282,566

Kura Sushi USA, Inc., Class A 23,650

KVH Industries, Inc. 72,675

La Jolla Pharmaceutical Co. 47,101

Ladder Capital Corp. 394,392

Lakeland Bancorp, Inc. 260,650

Lakeland Financial Corp. 506,858

Lancaster Colony Corp. 1,398,021

Landec Corp. 133,140

Lands' End, Inc. 32,135

of 151

Lannett Co., Inc. 119,745

Lantheus Holdings, Inc. 255,213

Laredo Petroleum, Inc. 73,767


Laureate Education, Inc., Class A 528,543

Lawson Products, Inc. 62,524

La-Z-Boy, Inc. 555,989

LB Foster Co., Class A 58,925

LCI Industries 1,163,318

LCNB Corp. 87,079

Leaf Group, Ltd. 23,038

Lee Enterprises, Inc. 28,635

Legacy Housing Corp. 36,168

LeMaitre Vascular, Inc. 213,049

LendingClub Corp. 173,035

Level One Bancorp, Inc. 46,630

Lexicon Pharmaceuticals, Inc. 38,194

Lexington Realty Trust 1,132,574

LGI Homes, Inc. 805,253


Liberty Latin America, Ltd., Class A 222,162

Liberty Latin America, Ltd., Class C 526,598

Liberty Media Corp. - Liberty Braves, Series A 108,274

Liberty Media Corp. - Liberty Braves, Series C 381,140

Liberty Oilfield Services, Inc., Class A 132,067

Liberty TripAdvisor Holdings, Inc., Class A 83,099

Lifetime Brands, Inc. 32,524

LifeVantage Corp. 103,205

Ligand Pharmaceuticals, Inc. 837,749

Limelight Networks, Inc. 275,178

Limoneira Co. 100,668

Lindblad Expeditions Holdings, Inc. 86,821

Lindsay Corp. 488,666

Lineage Cell Therapeutics, Inc. 45,943

Liquidia Technologies, Inc. 59,755

Liquidity Services, Inc. 73,025

Lithia Motors, Inc., Class A 1,303,216

LivaNova PLC 1,251,506

Live Oak Bancshares, Inc. 170,509

Livent Corp. 476,356

LivePerson, Inc. 1,120,654


LiveXLive Media, Inc. 46,003

Livongo Health, Inc. 1,486,024

LogicBio Therapeutics, Inc. 27,447

Loral Space & Communications, Inc. 116,464

Louisiana-Pacific Corp. 1,282,094

Lovesac Co. 77,488

LSB Industries, Inc. 11,702

LTC Properties, Inc. 698,359

Lumber Liquidators Holdings, Inc. 136,595


Luminex Corp. 630,928

Luther Burbank Corp. 98,852

Luxfer Holdings PLC 184,836

Lydall, Inc. 88,897

M/I Homes, Inc. 437,282

Macatawa Bank Corp. 92,604

Mack-Cali Realty Corp. 634,926

Mackinac Financial Corp. 46,685

MACOM Technology Solutions Holdings, Inc. 702,945

MacroGenics, Inc. 441,866

Madrigal Pharmaceuticals, Inc. 504,455

Magellan Health, Inc. 792,944

Magenta Therapeutics, Inc. 81,823


MainStreet Bancshares, Inc. 45,397

Majesco 25,695

Malibu Boats, Inc., Class A 463,335

Mallinckrodt PLC 114,179

Malvern Bancorp, Inc. 43,231

Mammoth Energy Services, Inc. 7,890

Manitowoc Co, Inc. 158,071

MannKind Corp. 136,416

ManTech International Corp., Class A 1,003,235

Marchex, Inc., Class B 26,809

Marcus & Millichap, Inc. 305,062

of 151

Marcus Corp. 145,287

Marine Products Corp. 40,050

MarineMax, Inc. 193,307

Marinus Pharmaceuticals, Inc. 100,571

Marker Therapeutics, Inc. 29,637

Marlin Business Services Corp. 31,136

Marriott Vacations Worldwide Corp. 1,792,827

Marrone Bio Innovations, Inc. 26,749

Marten Transport, Ltd. 483,753

Masonite International Corp. 787,931

MasTec, Inc. 1,132,375

MasterCraft Boat Holdings, Inc. 131,823

Matador Resources Co. 419,503

Materion Corp. 513,503

Matrix Service Co. 140,362

Matson, Inc. 585,228

Matthews International Corp., Class A 303,296

Maui Land & Pineapple Co., Inc. 34,189

Maxar Technologies, Inc. 433,956


MaxLinear, Inc. 551,469


MBIA, Inc. 256,657

McGrath RentCorp 650,440

MDC Holdings, Inc. 827,249

MDC Partners, Inc., Class A 35,843

Medallion Financial Corp. 23,163

Media General, Inc. CVR 0

MediciNova, Inc. 107,836

Medifast, Inc. 546,496

Medpace Holdings, Inc. 1,234,599

Meet Group, Inc. 205,788

MEI Pharma, Inc. 178,437

MeiraGTx Holdings PLC 122,415

Menlo Therapeutics, Inc. 53,373

Mercantile Bank Corp. 177,326

Merchants Bancorp 70,933


Meredith Corp. 286,579

Meridian Bancorp, Inc. 266,308

Meridian Bioscience, Inc. 313,714

Merit Medical Systems, Inc. 1,161,507

Meritage Homes Corp. 1,213,331

Meritor, Inc. 697,444

Mersana Therapeutics, Inc. 391,763

Mesa Air Group, Inc. 45,162

Mesa Laboratories, Inc. 508,946

Meta Financial Group, Inc. 295,791

Methode Electronics, Inc. 552,074

Metrocity Bankshares, Inc. 88,469

Metropolitan Bank Holding Corp. 94,640

MGE Energy, Inc. 1,141,842

MGP Ingredients, Inc. 234,588

Michaels Cos., Inc. 147,525

MicroStrategy, Inc., Class A 487,962

Mid Penn Bancorp, Inc. 61,989

Middlesex Water Co. 554,891

Midland States Bancorp, Inc. 158,203

MidWestOne Financial Group, Inc. 109,748

Millendo Therapeutics, Inc. 15,896

Miller Industries, Inc. 157,750

Minerals Technologies, Inc. 818,940

Minerva Neurosciences, Inc. 52,860


Mirum Pharmaceuticals, Inc. 42,277

Misonix, Inc. 60,916

Mistras Group, Inc. 35,035

Mitek Systems, Inc. 178,697

MMA Capital Holdings, Inc. 57,832

Mobile Mini, Inc. 677,550

MobileIron, Inc. 214,623

Model N, Inc. 515,879

Modine Manufacturing Co. 127,667

Moelis & Co., Class A 769,488

Molecular Templates, Inc. 151,863

Momenta Pharmaceuticals, Inc. 1,720,697

Monarch Casino & Resort, Inc. 219,245

of 151

Monmouth Real Estate Investment Corp. 592,213

Monro, Inc. 866,833

Montage Resources Corp., Class A 63,085

Moog, Inc., Class A 811,418

Morphic Holding, Inc. 107,266

Motorcar Parts of America, Inc. 142,507

Movado Group, Inc. 79,632

Mr. Cooper Group, Inc. 408,915

MRC Global, Inc. 224,439


MSG Networks, Inc., Class A 256,291

MTS Systems Corp. 164,513

Mueller Industries, Inc. 715,749

Mueller Water Products, Inc., Class A 706,412

Murphy USA, Inc. 1,630,857

Mustang Bio, Inc. 50,030

MVB Financial Corp. 65,576

Myers Industries, Inc. 232,622

MyoKardia, Inc. 2,439,310

MYR Group, Inc. 223,479

Myriad Genetics, Inc. 497,885

Nabors Industries, Ltd. 125,893

NACCO Industries, Inc., Class A 46,700

NanoString Technologies, Inc. 501,425

Napco Security Technologies, Inc. 126,619

Natera, Inc. 1,316,859

Nathan's Famous, Inc. 79,114

National Bank Holdings Corp., Class A 373,828

National Bankshares, Inc. 93,755

National Beverage Corp. 324,273

National CineMedia, Inc. 82,561

National Energy Services Reunited Corp. 64,922

National General Holdings Corp. 662,978

National Health Investors, Inc. 1,139,154

National HealthCare Corp. 394,975

National Presto Industries, Inc. 215,616

National Research Corp. 328,749

National Storage Affiliates Trust 858,196

National Vision Holdings, Inc. 1,010,999

National Western Life Group, Inc., Class A 215,327

Natural Gas Services Group, Inc. 38,630

Natural Grocers by Vitamin Cottage, Inc. 62,885

Nature's Sunshine Products, Inc. 40,876

Natus Medical, Inc. 347,857

Navistar International Corp. 600,670

NBT Bancorp, Inc. 644,315

NCS Multistage Holdings, Inc. 2,877

Neenah, Inc. 407,817

Nelnet, Inc., Class A 425,176

Neogen Corp. 1,779,360

NeoGenomics, Inc. 1,226,059

NeoPhotonics Corp. 164,461

NETGEAR, Inc. 369,380

NetScout Systems, Inc. 938,238

Neuronetics, Inc. 11,761


New Age Beverages Corp. 54,565

New Jersey Resources Corp. 1,609,760

New Senior Investment Group, Inc. 116,995

New York Mtg. Trust, Inc. 379,117

Newmark Group, Inc., Class A 294,083

Newpark Resources, Inc. 86,591

NewStar Financial, Inc. CVR 9,676

NexPoint Residential Trust, Inc. 309,726

NextCure, Inc. 216,566

NextDecade Corp. 9,132

NextGen Healthcare, Inc. 271,911

NexTier Oilfield Solutions, Inc. 222,645

NGM Biopharmaceuticals, Inc. 232,123

NI Holdings, Inc. 68,924

NIC, Inc. 762,341

Nicolet Bankshares, Inc. 248,800

Nine Energy Service, Inc. 15,546

NL Industries, Inc. 12,614

nLight, Inc. 343,300

NMI Holdings, Inc., Class A 488,715

NN, Inc. 90,352

of 151

Noble Corp. PLC 15,542

Noodles & Co. 80,616

Nordic American Tankers, Ltd. 306,789

Northeast Bank 68,297

Northern Oil and Gas, Inc. 111,364

Northfield Bancorp, Inc. 229,923

Northrim BanCorp, Inc. 71,702

Northwest Bancshares, Inc. 549,174

Northwest Natural Holding Co. 934,660

Northwest Pipe Co. 115,665


Norwood Financial Corp. 68,107

Novagold Resources, Inc. 1,066,198


Novavax, Inc. 712,423

Novocure, Ltd. 2,822,418

NOW, Inc. 388,801

NuVasive, Inc. 1,516,394

NV5 Global, Inc. 235,281

NVE Corp. 139,158

Oak Valley Bancorp 45,367

Oasis Petroleum, Inc. 70,880

Oceaneering International, Inc. 306,491

OceanFirst Financial Corp. 439,895

Ocular Therapeutix, Inc. 143,264

Ocwen Financial Corp. 47,968


Office Depot, Inc. 646,920

Office Properties Income Trust 581,417

OFG Bancorp 296,108

Ohio Valley Banc Corp. 49,975

Oil States International, Inc. 122,400

Oil-Dri Corp. of America 89,744

Old National Bancorp 1,107,313

Old Second Bancorp, Inc. 107,600

Olympic Steel, Inc. 49,017

Omega Flex, Inc. 142,811

Omeros Corp. 366,777

Omnicell, Inc. 1,335,858

On Deck Capital, Inc. 20,941

Oncocyte Corp. 29,758

Oncternal Therapeutics, Inc. CVR 754

ONE Gas, Inc. 2,114,365

One Liberty Properties, Inc. 118,780

OneSpan, Inc. 320,731

OneSpaWorld Holdings, Ltd. 143,115

OneWater Marine, Inc., Class A 32,568

Onto Innovation, Inc. 720,807

Ooma, Inc. 123,318

OP Bancorp 40,088

OPKO Health, Inc. 423,592

Oportun Financial Corp. 33,717

Oppenheimer Holdings, Inc., Class A 97,428

OptimizeRx Corp. 75,521

Optinose, Inc. 57,629

Option Care Health, Inc. 225,522

Opus Bank 205,561

OraSure Technologies, Inc. 430,907

ORBCOMM, Inc. 96,522

Orchid Island Capital, Inc. 130,208

Organogenesis Holdings, Inc. 23,818

Origin Bancorp, Inc. 192,037

Orion Engineered Carbons SA 321,171

Ormat Technologies, Inc. 1,392,418

Orrstown Financial Services, Inc. 65,715

Orthofix Medical, Inc. 296,735

OrthoPediatrics Corp. 222,854

OSI Systems, Inc. 616,313

Osmotica Pharmaceuticals PLC 25,337

Otter Tail Corp. 815,333

Overseas Shipholding Group, Inc., Class A 68,901

Overstock.com, Inc. 310,618

Owens & Minor, Inc. 235,529

Oxford Industries, Inc. 341,642

Oyster Point Pharma, Inc. 77,127

P.A.M. Transportation Services, Inc. 32,038

P.H. Glatfelter Co. 323,363

of 151

Pacific Biosciences of California, Inc. 241,402

Pacific Drilling SA 5,851

Pacific Mercantile Bancorp 35,614

Pacific Premier Bancorp, Inc. 605,771

Pacira BioSciences, Inc. 867,837

Palatin Technologies, Inc. 55,767

Palomar Holdings, Inc. 662,785

Pan American Silver Corp. CVR 111,712

Panhandle Oil and Gas, Inc., Class A 30,894

Papa John's International, Inc. 829,996

Par Pacific Holdings, Inc. 158,552

PAR Technology Corp. 139,356

Paratek Pharmaceuticals, Inc. 70,312

Pareteum Corp. 27,053

Park Aerospace Corp. 109,170

Park National Corp. 478,644

Parke Bancorp, Inc. 66,426

Park-Ohio Holdings Corp. 61,205

Parsons Corp. 376,471

Party City Holdco, Inc. 33,527

Patrick Industries, Inc. 563,723

Patterson Cos., Inc. 793,192

Paysign, Inc. 105,109

PC Connection, Inc. 234,707

PCB Bancorp 52,857

PCSB Financial Corp. 99,799

PDC Energy, Inc. 587,064

PDF Solutions, Inc. 232,357

PDL BioPharma, Inc. 177,499

PDL Community Bancorp 35,939

Peabody Energy Corp. 97,187

Peapack Gladstone Financial Corp. 168,020

Pebblebrook Hotel Trust 856,181

Penn National Gaming, Inc. 1,986,711

Penn Virginia Corp. 57,333


Penns Woods Bancorp, Inc. 70,925

Pennsylvania Real Estate Investment Trust 37,806

PennyMac Financial Services, Inc. 404,169

PennyMac Mtg. Investment Trust 524,384

Peoples Bancorp of North Carolina, Inc. 38,815

Peoples Bancorp, Inc. 194,837

Peoples Financial Services Corp. 109,759

People's Utah Bancorp 187,137

Perdoceo Education Corp. 540,870

Perficient, Inc. 523,978

Performance Food Group Co. 1,642,333

Personalis, Inc. 107,069

Perspecta, Inc. 1,494,613

PetIQ, Inc. 292,319

PetMed Express, Inc. 340,856

Pfenex, Inc. 105,074

PGT Innovations, Inc. 372,152


Phathom Pharmaceuticals, Inc. 219,222

Phibro Animal Health Corp., Class A 257,441

Photronics, Inc. 367,589

Phreesia, Inc. 384,590

Phunware, Inc. 19,642

Physicians Realty Trust 1,570,966

PICO Holdings, Inc. 72,571

Piedmont Office Realty Trust, Inc., Class A 1,006,621

Pieris Pharmaceuticals, Inc. 80,276

Ping Identity Holding Corp. 187,893

Pioneer Bancorp, Inc. 50,825

Piper Sandler Cos. 380,801

Pitney Bowes, Inc. 195,679

PJT Partners, Inc., Class A 595,902

Plantronics, Inc. 212,246

PlayAGS, Inc. 66,792

Plexus Corp. 894,520

Plug Power, Inc. 604,501

PNM Resources, Inc. 1,564,059

PolarityTE, Inc. 10,047


Portland General Electric Co. 2,038,450

Portola Pharmaceuticals, Inc. 659,393

of 151

Potbelly Corp. 21,032

PotlatchDeltic Corp. 1,083,465

Powell Industries, Inc. 114,300

Power Integrations, Inc. 1,478,652

PQ Group Holdings, Inc. 229,063

PRA Group, Inc. 740,029

Precigen, Inc. 76,971

Precision BioSciences, Inc. 121,343

Preferred Apartment Communities, Inc., Class A 154,171

Preferred Bank 248,263

Preformed Line Products Co. 73,452

Premier Financial Bancorp, Inc. 83,313


Prevail Therapeutics, Inc. 112,773

PRGX Global, Inc. 38,785

PriceSmart, Inc. 588,772

PrimeEnergy Resources Corp. 18,838

Primoris Services Corp. 356,382

Principia Biopharma, Inc. 566,385

Priority Technology Holdings, Inc. 5,905

ProAssurance Corp. 354,439

Professional Holding Corp., Class A 23,326

Progenics Pharmaceuticals, Inc. 177,815

Progress Software Corp. 877,448

Progyny, Inc. 142,696

ProPetro Holding Corp. 190,625

PROS Holdings, Inc. 625,654

ProSight Global, Inc. 37,877

Protagonist Therapeutics, Inc. 140,439

Protective Insurance Corp., Class B 61,015

Prothena Corp. PLC 206,484

Proto Labs, Inc. 1,642,171

Providence Service Corp. 452,330

Provident Bancorp, Inc. 35,384

Provident Financial Holdings, Inc. 36,319

Provident Financial Services, Inc. 383,251

Prudential Bancorp, Inc. 51,507

PS Business Parks, Inc. 1,288,958

PTC Therapeutics, Inc. 1,475,864

Pulse Biosciences, Inc. 49,250

Pulse Biosciences, Inc. 2,658

Puma Biotechnology, Inc. 151,322

Pure Cycle Corp. 94,783

Purple Innovation, Inc. 57,489

Pyxus International, Inc. 11,543

Pzena Investment Management, Inc., Class A 34,717


QAD, Inc., Class A 252,235

QCR Holdings, Inc. 215,931

QEP Resources, Inc. 98,415

QTS Realty Trust, Inc., Class A 1,902,415

Quad/Graphics, Inc. 44,149

Quaker Chemical Corp. 1,080,285

Qualys, Inc. 1,870,606

Quanex Building Products Corp. 197,148

Quanterix Corp. 177,486


QuinStreet, Inc. 226,061

Quotient Technology, Inc. 251,611

R1 RCM, Inc. 530,627

Radian Group, Inc. 1,548,840

Radiant Logistics, Inc. 75,140


RadNet, Inc. 344,992

Rafael Holdings, Inc., Class B 89,822

Ramaco Resources, Inc. 10,683

Rambus, Inc. 827,008

Rapid7, Inc. 1,161,089

RAPT Therapeutics, Inc. 15,648

Raven Industries, Inc. 370,763

Rayonier Advanced Materials, Inc. 51,028

RBB Bancorp 100,343

RBC Bearings, Inc. 1,643,917

RCI Hospitality Holdings, Inc. 60,322

RE/MAX Holdings, Inc., Class A 240,994

Reading International, Inc., Class A 27,444

Ready Capital Corp. 110,039

of 151

Realogy Holdings Corp. 332,282

RealReal, Inc. 335,062

Reata Pharmaceuticals, Inc., Class A 1,586,604

Recro Pharma, Inc. 42,746

Red Lion Hotels Corp. 20,439

Red River Bancshares, Inc. 95,232

Red Robin Gourmet Burgers, Inc. 86,653

Red Rock Resorts, Inc., Class A 464,260

Redfin Corp. 1,293,589

Redwood Trust, Inc. 288,354

REGENXBIO, Inc. 605,723

Regional Management Corp. 65,438

Regis Corp. 118,287

Reliant Bancorp, Inc. 68,866

Renasant Corp. 646,971

Renewable Energy Group, Inc. 504,532

Rent-A-Center, Inc. 605,235

Repligen Corp. 3,298,610

Replimune Group, Inc. 121,525

Republic Bancorp, Inc., Class A 149,641

Republic First Bancorp, Inc. 49,872

Resources Connection, Inc. 161,927

resTORbio, Inc. 16,065

Retail Opportunity Investments Corp. 517,098

Retail Value, Inc. 83,309

Retrophin, Inc. 312,931

REV Group, Inc. 79,825

Revance Therapeutics, Inc. 519,762

Revlon, Inc., Class A 34,058

REVOLUTION Medicines, Inc. 209,050

REX American Resources Corp. 158,472

Rexford Industrial Realty, Inc. 2,178,970

Rexnord Corp. 1,543,468

RGC Resources, Inc. 95,647

RH 1,767,003

Rhythm Pharmaceuticals, Inc. 273,806

Ribbon Communications, Inc. 126,518

Richmond Mutual Bancorp., Inc. 67,254

Rigel Pharmaceuticals, Inc. 158,449

RigNet, Inc. 6,860

Rimini Street, Inc. 45,137

Ring Energy, Inc. 34,529

Rite Aid Corp. 349,022

Riverview Bancorp, Inc. 51,235

RLI Corp. 1,519,901

RLJ Lodging Trust 840,069

RMR Group, Inc., Class A 196,916

Rocket Pharmaceuticals, Inc. 290,314

Rockwell Medical, Inc. 67,502

Rocky Brands, Inc. 69,292

Rogers Corp. 965,354

Rosehill Resources, Inc. 1,707

Rosetta Stone, Inc. 185,819

RPC, Inc. 88,992

RPT Realty 217,160

RR Donnelley & Sons Co. 37,091

RTI Surgical Holdings, Inc. 74,444

RTW RetailWinds, Inc. 6,579

Rubicon Project, Inc. 295,392

Rubius Therapeutics, Inc. 108,586

Rush Enterprises, Inc., Class A 545,638

Rush Enterprises, Inc., Class B 79,407

Ruth's Hospitality Group, Inc. 107,920

Ryerson Holding Corp. 38,907

Ryman Hospitality Properties, Inc. 806,785

S&T Bancorp, Inc. 407,237

Sabra Health Care REIT, Inc. 1,308,393

Safe Bulkers, Inc. 25,011

Safeguard Scientifics, Inc. 59,445

Safehold, Inc. 335,753

Safety Insurance Group, Inc. 542,524

Saga Communications, Inc., Class A 48,650

Saia, Inc. 1,355,175

SailPoint Technologies Holding, Inc. 943,267

Sally Beauty Holdings, Inc. 734,478

Sanderson Farms, Inc. 1,265,676

SandRidge Energy, Inc. 23,465

of 151

Sandy Spring Bancorp, Inc. 403,617

Sangamo Therapeutics, Inc. 619,344

Sanmina Corp. 880,206

Satsuma Pharmaceuticals, Inc. 56,409

Saul Centers, Inc. 176,265

Savara, Inc. 40,787

SB One Bancorp 66,176

ScanSource, Inc. 301,248

Schnitzer Steel Industries, Inc., Class A 197,035


Scholastic Corp. 418,127

Schrodinger, Inc. 454,576

Schweitzer-Mauduit International, Inc. 452,234

Science Applications International Corp. 2,456,052

Scientific Games Corp. 422,807

Scorpio Bulkers, Inc. 45,736

Scorpio Tankers, Inc. 376,957

Sculptor Capital Management, Inc. 101,775

Seacoast Banking Corp. of Florida 529,112

SEACOR Holdings, Inc. 224,638

SEACOR Marine Holdings, Inc. 14,711

Seadrill, Ltd. 13,278

SeaSpine Holdings Corp. 111,378

SeaWorld Entertainment, Inc. 410,432

SecureWorks Corp., Class A 52,911

Select Bancorp, Inc. 56,745

Select Energy Services, Inc., Class A 166,421

Select Interior Concepts, Inc., Class A 32,087

Select Medical Holdings Corp. 855,598

Selective Insurance Group, Inc. 1,479,352

Semtech Corp. 1,688,837

Seneca Foods Corp., Class A 114,808

Senseonics Holdings, Inc. 27,536

Sensient Technologies Corp. 1,023,300

Seres Therapeutics, Inc. 96,492

Seritage Growth Properties, Class A 127,888

ServisFirst Bancshares, Inc. 799,554

SFL Corp., Ltd. 388,626

Shake Shack, Inc., Class A 776,478

SharpSpring, Inc. 51,668

Shenandoah Telecommunications Co. 1,215,554

Shockwave Medical, Inc. 540,399

Shoe Carnival, Inc. 113,654

Shore Bancshares, Inc. 59,590

ShotSpotter, Inc. 91,117

Shutterstock, Inc. 348,826

SI-BONE, Inc. 161,310

Siebert Financial Corp. 28,037

Sientra, Inc. 72,071

Sierra Bancorp 128,451

SIGA Technologies, Inc. 158,987

Signet Jewelers, Ltd. 263,518


Silk Road Medical, Inc. 296,516

SilverBow Resources, Inc. 12,886

Silvercrest Asset Management Group, Inc., Class A 46,996

Silvergate Capital Corp., Class A 22,454

Simmons First National Corp., Class A 787,871

Simply Good Foods Co. 677,130


Simulations Plus, Inc. 291,657


SiTime Corp. 70,381

SJW Group 797,063


SkyWest, Inc. 761,374

Sleep Number Corp. 419,455

SM Energy Co. 190,066

SMART Global Holdings, Inc. 174,847

Smart Sand, Inc. 11,014

SmartFinancial, Inc. 94,433

Solaris Oilfield Infrastructure, Inc., Class A 103,839

Solid Biosciences, Inc. 27,934

Soliton, Inc. 26,602

Sonic Automotive, Inc., Class A 308,396

Sonim Technologies, Inc. 3,978

Sonos, Inc. 419,196

of 151

Sorrento Therapeutics, Inc. 317,105

South Jersey Industries, Inc. 1,266,019

South Plains Financial, Inc. 64,350

South State Corp. 847,744

Southern First Bancshares, Inc. 99,153

Southern Missouri Bancorp, Inc. 91,005

Southern National Bancorp of Virginia, Inc. 95,540

Southside Bancshares, Inc. 435,690

Southwest Gas Holdings, Inc. 1,987,763

Southwestern Energy Co. 788,491

SP Plus Corp. 223,866

Spark Energy, Inc., Class A 46,879

Spartan Motors, Inc. 277,413

SpartanNash Co. 369,901

Spectrum Pharmaceuticals, Inc. 157,931

Spero Therapeutics, Inc. 73,367

Spire, Inc. 1,747,163

Spirit Airlines, Inc. 428,062

Spirit of Texas Bancshares, Inc. 79,729

Spok Holdings, Inc. 87,049

Sportsman's Warehouse Holdings, Inc. 228,382

SpringWorks Therapeutics, Inc. 191,492

Sprout Social, Inc., Class A 126,592

SPS Commerce, Inc. 1,148,973

SPX Corp. 841,619

SPX FLOW, Inc. 697,824

St. Joe Co. 309,713

STAAR Surgical Co. 830,824

STAG Industrial, Inc. 1,940,512

Stamps.com, Inc. 1,576,878

Standard Motor Products, Inc. 431,755

Standex International Corp. 314,656

StarTek, Inc. 33,667

State Auto Financial Corp. 165,362

Steelcase, Inc., Class A 491,745

Stemline Therapeutics, Inc. 263,130

Stepan Co. 958,386

Sterling Bancorp, Inc. 22,455

Sterling Construction Co., Inc. 113,849


Stewart Information Services Corp. 348,297

Stifel Financial Corp. 1,528,008

Stitch Fix, Inc., Class A 460,597

Stock Yards Bancorp, Inc. 332,303

Stoke Therapeutics, Inc. 226,674

Stoneridge, Inc. 262,374

Stratasys, Ltd. 442,482

Strategic Education, Inc. 1,743,288

Stratus Properties, Inc. 47,980

Strongbridge Biopharma PLC 59,635

Sturm Ruger & Co., Inc. 502,273

Summit Financial Group, Inc. 89,225

Summit Hotel Properties, Inc. 311,800

Summit Materials, Inc., Class A 832,822

SunCoke Energy, Inc. 116,434

Sunnova Energy International, Inc. 229,710

SunPower Corp. 257,978

Sunrun, Inc. 909,315

Sunstone Hotel Investors, Inc. 957,446

Superior Group of Cos., Inc. 51,361

Supernus Pharmaceuticals, Inc. 573,091

Surgery Partners, Inc. 157,026

Surmodics, Inc. 233,529

Sutro Biopharma, Inc. 52,472

SVMK, Inc. 842,935

Sykes Enterprises, Inc. 502,211

Synalloy Corp. 37,425

Synaptics, Inc. 1,051,189

Synchronoss Technologies, Inc. 51,009

Syndax Pharmaceuticals, Inc. 174,749


Synlogic, Inc. 18,978

Syros Pharmaceuticals, Inc. 163,444

Systemax, Inc. 125,079

Tabula Rasa HealthCare, Inc. 502,135

Tactile Systems Technology, Inc. 428,492

Tailored Brands, Inc. 29,811

of 151

Talos Energy, Inc. 117,855


Tanger Factory Outlet Centers, Inc. 267,341

Target Hospitality Corp. 37,261

Taylor Morrison Home Corp., Class A 1,217,094

TCR2 Therapeutics, Inc. 57,004

Team, Inc. 70,755

Tech Data Corp. 2,331,475

TechTarget, Inc. 305,112

Teekay Corp. 96,936

Teekay Tankers, Ltd., Class A 199,366

TEGNA, Inc. 1,227,998

Tejon Ranch Co. 145,078


Telenav, Inc. 80,304

Tellurian, Inc. 45,494

Tenable Holdings, Inc. 567,738

Tenet Healthcare Corp. 1,078,578

Tennant Co. 554,296

Tenneco, Inc., Class A 165,296

Terex Corp. 480,057

TerraForm Power, Inc., Class A 702,723

Terreno Realty Corp. 1,627,586

Territorial Bancorp, Inc. 95,413

TESSCO Technologies, Inc. 16,715

Tetra Tech, Inc. 2,075,070

TETRA Technologies, Inc. 19,269

Texas Roadhouse, Inc. 1,650,126

Textainer Group Holdings, Ltd. 205,375

TG Therapeutics, Inc. 774,348

TherapeuticsMD, Inc. 120,569

Theravance Biopharma, Inc. 596,658

Thermon Group Holdings, Inc. 251,110

Third Point Reinsurance, Ltd. 262,824

Tidewater, Inc. 90,616

Tilly's, Inc., Class A 54,226

Timberland Bancorp, Inc. 64,225

TimkenSteel Corp. 67,869

Tiptree, Inc. 73,096

Titan International, Inc. 29,724

Titan Machinery, Inc. 95,549

Tivity Health, Inc. 243,576

TiVo Corp. 364,870

Tobira Therapeutics, Inc. CVR 0

Tocagen, Inc. 12,369

Tompkins Financial Corp. 445,881

Tootsie Roll Industries, Inc. 287,952

TopBuild Corp. 1,849,491

Towne Bank 605,727

TPG RE Finance Trust, Inc. 177,010

TPI Composites, Inc. 288,757

Transcat, Inc. 84,210

Transcontinental Realty Investors, Inc. 10,322

TransEnterix, Inc. 4,848

Translate Bio, Inc. 345,775

TransMedics Group, Inc. 90,634

Travelzoo 15,502

Trecora Resources 65,715

Tredegar Corp. 192,217

Trex Co., Inc. 3,401,558

TRI Pointe Group, Inc. 955,001

Tribune Publishing Co. 80,161

Tricida, Inc. 282,540

TriCo Bancshares 365,860

TriMas Corp. 510,911

TriNet Group, Inc. 1,136,551

Trinseo SA 389,538

Triple-S Management Corp., Class B 219,537

TriState Capital Holdings, Inc. 195,411

Triton International, Ltd. 795,044

Triumph Bancorp, Inc. 268,381

Triumph Group, Inc. 179,011

Tronox Holdings PLC, Class A 292,060

TrueBlue, Inc. 288,097

TrueCar, Inc. 136,409

Trupanion, Inc. 418,096

TrustCo Bank Corp. 288,679

of 151

Trustmark Corp. 737,514

TTEC Holdings, Inc. 353,833

TTM Technologies, Inc. 552,225

Tucows, Inc., Class A 273,198

Tupperware Brands Corp. 75,947

Turning Point Brands, Inc. 95,648

Turning Point Therapeutics, Inc. 924,072

Tutor Perini Corp. 201,810

Twin Disc, Inc. 27,637

Twin River Worldwide Holdings, Inc. 175,749

Twist Bioscience Corp. 478,094

Tyme Technologies, Inc. 44,618

U.S. Physical Therapy, Inc. 448,918

UFP Industries, Inc. 1,312,177

UFP Technologies, Inc. 147,204

Ultra Clean Holdings, Inc. 394,782

Ultragenyx Pharmaceutical, Inc. 1,802,483


UMH Properties, Inc. 217,801

Unifi, Inc. 95,396

UniFirst Corp. 1,311,641

Union Bankshares, Inc. 36,770

Unisys Corp. 278,831

United Bankshares, Inc. 1,737,734

United Community Banks, Inc. 742,177

United Fire Group, Inc. 273,827

United Insurance Holdings Corp. 77,890

United Natural Foods, Inc. 503,544

United Security Bancshares 39,778

United States Lime & Minerals, Inc. 71,713





Uniti Group, Inc. 735,735

Unitil Corp. 338,828

Unity Bancorp, Inc. 54,378

UNITY Biotechnology, Inc. 112,622

Universal Corp. 514,929

Universal Electronics, Inc. 292,974

Universal Health Realty Income Trust 577,057

Universal Insurance Holdings, Inc. 255,809

Universal Logistics Holdings, Inc. 57,062

Univest Financial Corp. 227,858

Upland Software, Inc. 381,121

Upwork, Inc. 344,103

Uranium Energy Corp. 91,741

Urban Edge Properties 540,872

UroGen Pharma, Ltd. 211,864

Urstadt Biddle Properties, Inc., Class A 181,843

US Concrete, Inc. 160,601

US Ecology, Inc. 391,212

US Silica Holdings, Inc. 104,200

US Well Services, Inc. 4,558

US Xpress Enterprises, Inc. Class A 53,657

USANA Health Sciences, Inc. 511,878

Utah Medical Products, Inc. 166,828

Valhi, Inc. 10,938

Valley National Bancorp 1,490,848

Value Line, Inc. 14,535

Vanda Pharmaceuticals, Inc. 294,055

Vapotherm, Inc. 192,721

Varex Imaging Corp. 340,344

Varonis Systems, Inc. 1,219,857

VBI Vaccines, Inc. 160,867

Vector Group, Ltd. 611,162

Vectrus, Inc. 298,765

Veeco Instruments, Inc. 272,345

Velocity Financial, Inc. 13,708

Vera Bradley, Inc. 50,789

Veracyte, Inc. 566,936

Vericel Corp. 310,090

Verint Systems, Inc. 1,484,211

Veritex Holdings, Inc. 417,799

Veritiv Corp. 77,800

Verra Mobility Corp. 670,725

Verrica Pharmaceuticals, Inc. 71,314

of 151

Verso Corp., Class A 241,570

Viad Corp. 177,311

Viavi Solutions, Inc. 1,283,952

Vicor Corp. 523,086

Viela Bio, Inc. 123,441

ViewRay, Inc. 88,876

Viking Therapeutics, Inc. 223,552

Village Super Market, Inc., Class A 95,146

Vince Holding Corp. 9,273

Vir Biotechnology, Inc. 118,639

VirnetX Holding Corp. 196,581

Virtus Investment Partners, Inc. 290,191

Virtusa Corp. 415,718

Vishay Intertechnology, Inc. 1,039,583

Vishay Precision Group, Inc. 118,691

Vista Outdoor, Inc. 270,521


Vivint Solar, Inc. 159,943

Vocera Communications, Inc. 294,548

Vonage Holdings Corp. 1,050,777

Voyager Therapeutics, Inc. 140,735

VSE Corp. 109,226

W&T Offshore, Inc. 118,403

Wabash National Corp. 242,532

Waddell & Reed Financial, Inc., Class A 427,099

Waitr Holdings, Inc. 68,701

Walker & Dunlop, Inc. 540,554

Warrior Met Coal, Inc. 350,719

Washington Federal, Inc. 965,380

Washington Prime Group, Inc. 57,677

Washington Real Estate Investment Trust 869,612

Washington Trust Bancorp, Inc. 232,933

Waterstone Financial, Inc. 169,443

Watford Holdings, Ltd. 126,874

Watts Water Technologies, Inc., Class A 1,106,111

WaVe Life Sciences, Ltd. 110,443

WD-40 Co. 1,270,431

Weis Markets, Inc. 256,247

Welbilt, Inc. 380,474

Werner Enterprises, Inc. 1,007,920

WesBanco, Inc. 668,797

West Bancorporation, Inc. 135,934

Westamerica Bancorporation 740,848

Western Asset Mtg. Capital Corp. 49,591

Western New England Bancorp, Inc. 60,636

Westwood Holdings Group, Inc. 68,934

Weyco Group, Inc. 54,628

Whitestone REIT 113,554

Whiting Petroleum Corp. 30,685

WideOpenWest, Inc. 77,280

Willdan Group, Inc. 118,362

Willis Lease Finance Corp. 29,617

WillScot Corp. 331,993


Winmark Corp. 169,623

Winnebago Industries, Inc. 815,402

WisdomTree Investments, Inc. 192,033

Wolverine World Wide, Inc. 803,405

Workiva, Inc. 788,581

World Acceptance Corp. 175,427

World Fuel Services Corp. 792,122

Worthington Industries, Inc. 557,559

Wrap Technologies, Inc. 25,439

Wright Medical Group NV 1,796,699

WSFS Financial Corp. 676,753

WW International, Inc. 538,204

X4 Pharmaceuticals, Inc. 63,469

XBiotech, Inc. 88,332

Xencor, Inc. 689,549

Xenia Hotels & Resorts, Inc. 491,652

Xeris Pharmaceuticals, Inc. 88,228

Xperi Corp. 326,315

Yelp, Inc. 718,159

YETI Holdings, Inc. 1,084,723

Yext, Inc. 732,230

Y-mAbs Therapeutics, Inc. 434,908

York Water Co. 276,257

of 151

Youngevity International, Inc. 6,975

YRC Worldwide, Inc. 23,782

ZAGG, Inc. 40,345

Zeneca, Inc. CVR 2,429

ZIOPHARM Oncology, Inc. 264,112

Zix Corp. 173,074

Zogenix, Inc. 598,680

Zumiez, Inc. 234,342

Zuora, Inc., Class A 511,770

Zynerba Pharmaceuticals, Inc. 57,997

Zynex, Inc. 147,809

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

Russell 2000 E-Mini Index Long June 2020 6,969,839

VALIC Company I - Small Cap Special Values Fund - (unaudited)

May 31, 2020


A.H. Belo Corp., Class A 198,834


ACCO Brands Corp. 650,879

ACI Worldwide, Inc. 845,465

Air Lease Corp. 491,606

Alamo Group, Inc. 1,302,659

Alcoa Corp. 430,089


American Eagle Outfitters, Inc. 721,671

API Group Corp. 1,005,814

Apollo Commercial Real Estate Finance, Inc. 886,569

Apollo Investment Corp. 982,094

Artisan Partners Asset Management, Inc., Class A 1,212,742

Associated Banc-Corp 1,846,280

Atkore International Group, Inc. 2,394,692


Badger Meter, Inc. 853,539

Balchem Corp. 177,345

Belden, Inc. 1,010,035

Berry Corp. 421,036


BlackBerry, Ltd. 825,062

Brooks Automation, Inc. 1,796,931


CBIZ, Inc. 265,707

Central Garden & Pet Co. 1,722,522

Central Garden & Pet Co., Class A 1,649,550

CNO Financial Group, Inc. 909,029

Compass Minerals International, Inc. 1,314,880

CSW Industrials, Inc. 3,755,612

CVB Financial Corp. 1,474,624


Deluxe Corp. 1,056,709

Denny's Corp. 2,353,820

Dine Brands Global, Inc. 2,265,960

Douglas Dynamics, Inc. 1,799,778

DSP Group, Inc. 759,147

Eagle Materials, Inc. 4,851,449

Edgewell Personal Care Co. 790,707

Element Solutions, Inc. 937,139

Ennis, Inc. 1,223,002

Enstar Group, Ltd. 1,893,208


Ferro Corp. 519,985

First Citizens BancShares, Inc., Class A 3,801,490

First Hawaiian, Inc. 2,100,550


Franchise Group, Inc. 339,337

Franklin Electric Co., Inc. 4,006,221

Gannett Co, Inc. 106,193

GlassBridge Enterprises, Inc. 13,169

Griffon Corp. 850,130

H.B. Fuller Co. 252,694

Hancock Whitney Corp. 1,616,441

of 151


Hanover Insurance Group, Inc. 2,647,333

Harsco Corp. 801,199

Hawaiian Electric Industries, Inc. 3,526,974

Healthcare Services Group, Inc. 1,705,233


Hostess Brands, Inc. 1,694,352

Huntsman Corp. 1,025,166

IBERIABANK Corp. 877,929

IDACORP, Inc. 3,498,456

Ingevity Corp. 926,571

Innospec, Inc. 4,798,390

J&J Snack Foods Corp. 3,488,060

Jack in the Box, Inc. 1,296,904

Kadant, Inc. 1,904,065

Korn Ferry 2,008,356





Mueller Industries, Inc. 4,162,871

Myers Industries, Inc. 767,917

National Western Life Group, Inc., Class A 430,458

Natus Medical, Inc. 565,153

Neenah, Inc. 3,647,196

NETGEAR, Inc. 889,229

New Mountain Finance Corp. 1,281,978

New York Mtg. Trust, Inc. 518,043

NN, Inc. 188,048

Nomad Foods, Ltd. 4,867,482


Oil States International, Inc. 104,558

Parsons Corp. 1,820,673

Patterson-UTI Energy, Inc. 731,041


PQ Group Holdings, Inc. 811,621

Premier, Inc., Class A 843,762


Primo Water Corp. 1,790,341

ProAssurance Corp. 980,876

Quanex Building Products Corp. 1,365,835

Renasant Corp. 1,921,906


Rogers Corp. 672,403

Schweitzer-Mauduit International, Inc. 1,988,175


Silgan Holdings, Inc. 3,179,275


South State Corp. 1,462,287

Spectrum Brands Holdings, Inc. 1,928,716


Stewart Information Services Corp. 1,710,572

Sykes Enterprises, Inc. 710,368

Tootsie Roll Industries, Inc. 237,087


TriMas Corp. 1,663,565

Two Harbors Investment Corp. 1,232,016


Verint Systems, Inc. 932,037

Viad Corp. 946,307

Washington Real Estate Investment Trust 1,695,211

Westwood Holdings Group, Inc. 580,161

White Mountains Insurance Group, Ltd. 1,456,656

VALIC Company I - Small-Mid Growth Fund - (unaudited)

May 31, 2020


10X Genomics, Inc., Class A 591,169

ACADIA Pharmaceuticals, Inc. 315,617

ADC Therapeutics SA 78,888

Aerojet Rocketdyne Holdings, Inc. 1,437,052

Agios Pharmaceuticals, Inc. 1,823,525

Alector, Inc. 772,701

Allegion PLC 1,619,327

Amarin Corp. PLC ADR 281,658

of 151

Americold Realty Trust 549,541

Anaplan, Inc. 1,033,476

Argenx SE ADR 393,424

Ashland Global Holdings, Inc. 1,565,903

Atreca, Inc., Class A 398,195

Avalara, Inc. 1,811,991


Badger Meter, Inc. 1,465,439



Beyond Meat, Inc. 419,252


BioSpecifics Technologies Corp. 256,637

Bio-Techne Corp. 1,679,362

Black Knight, Inc. 1,378,558

Bluebird Bio, Inc. 547,791

Booz Allen Hamilton Holding Corp. 2,163,330

Bright Horizons Family Solutions, Inc. 918,647

Brown & Brown, Inc. 569,152


Burlington Stores, Inc. 1,905,271

Castle Biosciences, Inc. 654,040


Centogene NV 563,840

Chegg, Inc. 774,678

Choice Hotels International, Inc. 1,373,221

Ciena Corp. 969,813

Cloudflare, Inc., Class A 1,221,114

Colfax Corp. 1,741,628

Columbia Sportswear Co. 534,580

Coupa Software, Inc. 2,058,510

Datadog, Inc., Class A 1,440,652





Dynatrace, Inc. 1,390,806


Elastic NV 756,955


Equity LifeStyle Properties, Inc. 1,453,584

Evercore, Inc., Class A 557,603



Five Below, Inc. 1,079,883

Floor & Decor Holdings, Inc., Class A 1,300,884


Genmab A/S ADR 1,086,987

Graco, Inc. 629,623

Guardant Health, Inc. 1,335,060

GW Pharmaceuticals PLC ADR 509,167


Hexcel Corp. 474,596

Houlihan Lokey, Inc. 614,900

HubSpot, Inc. 1,616,115

Huntington Ingalls Industries, Inc. 1,047,823

IDEX Corp. 1,565,013



Ingevity Corp. 519,326

Inphi Corp. 980,729

John Bean Technologies Corp. 546,626


Lumentum Holdings, Inc. 994,366

MarketAxess Holdings, Inc. 1,540,011


MKS Instruments, Inc. 1,402,238

Moderna, Inc. 1,094,639


Momenta Pharmaceuticals, Inc. 961,997



Neogen Corp. 924,293




NuVasive, Inc. 926,332

of 151

Okta, Inc. 1,376,296



Peloton Interactive, Inc., Class A 924,130


Pinnacle Financial Partners, Inc. 439,984

Planet Fitness, Inc., Class A 630,530


RBC Bearings, Inc. 881,032


RPM International, Inc. 2,019,210



Silk Road Medical, Inc. 357,442


Standex International Corp. 435,873

State Street Institutional U.S. Government Money Market Fund, Administration Class 3,147,709


Teladoc Health, Inc. 878,133




Terreno Realty Corp. 728,485

Trade Desk, Inc., Class A 744,940

Tradeweb Markets, Inc. 716,194




Xylem, Inc. 852,071

Y-mAbs Therapeutics, Inc. 904,713

Zebra Technologies Corp., Class A 1,623,581

Zendesk, Inc. 1,682,930

VALIC Company I - Stock Index Fund - (unaudited)

May 31, 2020


3M Co. 16,965,605

A.O. Smith Corp. 1,227,780


AbbVie, Inc. 30,812,775

ABIOMED, Inc. 1,906,732



Adobe, Inc. 35,293,101

Advance Auto Parts, Inc. 1,819,798


AES Corp. 1,563,760

Aflac, Inc. 5,048,396



Akamai Technologies, Inc. 3,224,361

Alaska Air Group, Inc. 794,200

Albemarle Corp. 1,530,170

Alexandria Real Estate Equities, Inc. 3,554,160



Allegion PLC 1,747,043

Alliance Data Systems Corp. 358,131

Alliant Energy Corp. 2,237,341

Allstate Corp. 5,975,604





Amcor PLC 3,119,553

Ameren Corp. 3,467,323

American Airlines Group, Inc. 772,013

American Electric Power Co., Inc. 7,941,293

American Express Co. 12,030,063

American International Group, Inc. 4,931,704


American Water Works Co., Inc. 4,329,684

Ameriprise Financial, Inc. 3,346,693

AmerisourceBergen Corp. 2,702,794

AMETEK, Inc. 3,953,618

of 151

Amgen, Inc. 25,739,034



ANSYS, Inc. 4,567,620

Anthem, Inc. 14,064,046

Aon PLC 8,696,327

Apache Corp. 765,184

Apartment Investment & Management Co., Class A 1,035,236

Apple, Inc. 250,430,846


Aptiv PLC 3,627,726

Archer-Daniels-Midland Co. 4,126,921

Arista Networks, Inc. 2,388,062

Arthur J. Gallagher & Co. 3,316,393

Assurant, Inc. 1,173,105

AT&T, Inc. 42,513,724

Atmos Energy Corp. 2,313,269



AutoZone, Inc. 5,158,483

AvalonBay Communities, Inc. 4,108,991

Avery Dennison Corp. 1,742,831

Baker Hughes Co. 2,023,416

Ball Corp. 4,396,172


Bank of New York Mellon Corp. 5,882,636

Baxter International, Inc. 8,666,523



Best Buy Co., Inc. 3,353,653

Biogen, Inc. 10,449,966


Boeing Co. 14,705,910


BorgWarner, Inc. 1,251,985

Boston Properties, Inc. 2,331,606




Broadridge Financial Solutions, Inc. 2,618,303

Brown-Forman Corp., Class B 2,265,355

C.H. Robinson Worldwide, Inc. 2,069,302

Cabot Oil & Gas Corp. 1,526,271

Cadence Design Systems, Inc. 4,830,702

Campbell Soup Co. 1,624,121

Capital One Financial Corp. 5,975,885


CarMax, Inc. 2,730,431

Carnival Corp. 1,382,507

Carrier Global Corp. 3,131,992

Cars.com, Inc. 6

Caterpillar, Inc. 12,520,429

Cboe Global Markets, Inc. 2,225,759

CBRE Group, Inc., Class A 2,776,457

CDW Corp. 3,005,328

Celanese Corp. 2,049,588


CenterPoint Energy, Inc. 1,684,050

CenturyLink, Inc. 1,818,973

Cerner Corp. 4,318,159

CF Industries Holdings, Inc. 1,204,317





Chubb, Ltd. 10,422,090

Church & Dwight Co., Inc. 3,474,240


Cincinnati Financial Corp. 1,689,153

Cintas Corp. 3,920,248


Citigroup, Inc. 19,725,649

Citizens Financial Group, Inc. 1,975,790


Clorox Co. 4,881,525


CMS Energy Corp. 3,135,729

of 151

Coca-Cola Co. 33,945,743


Colgate-Palmolive Co. 11,690,481




Concho Resources, Inc. 2,066,908


Consolidated Edison, Inc. 4,705,737

Constellation Brands, Inc., Class A 5,455,248


Copart, Inc. 3,448,487

Corning, Inc. 3,305,576





CSX Corp. 10,497,350

Cummins, Inc. 4,900,253

CVS Health Corp. 16,087,272

D.R. Horton, Inc. 3,497,117


Darden Restaurants, Inc. 1,890,525

DaVita, Inc. 1,369,196

Deere & Co. 9,033,038

Delta Air Lines, Inc. 2,736,571

DENTSPLY SIRONA, Inc. 1,951,235



Diamondback Energy, Inc. 1,293,964

Digital Realty Trust, Inc. 7,116,413

Discover Financial Services 2,808,649

Discovery, Inc., Class A 648,650

Discovery, Inc., Class C 1,239,185

DISH Network Corp., Class A 1,521,985



Dominion Energy, Inc. 13,195,677

Domino's Pizza, Inc. 2,813,545

Dover Corp. 2,664,164

Dow, Inc. 5,397,708

DTE Energy Co. 3,897,154

Duke Energy Corp. 11,773,012

Duke Realty Corp. 2,390,119

DuPont de Nemours, Inc. 7,087,336


E*TRADE Financial Corp. 1,940,232

Eastman Chemical Co. 1,745,844

Eaton Corp. PLC 6,618,974

eBay, Inc. 6,567,597

Ecolab, Inc. 10,053,546

Edison International 3,929,805

Edwards Lifesciences Corp. 8,839,136


Eli Lilly & Co. 24,371,053

Emerson Electric Co. 7,009,917

Entergy Corp. 3,823,137

EOG Resources, Inc. 5,592,072



Equity Residential 3,986,725

Essex Property Trust, Inc. 3,025,400

Estee Lauder Cos., Inc., Class A 8,287,816

Everest Re Group, Ltd. 1,525,971

Evergy, Inc. 2,651,436

Eversource Energy 5,110,471


Expedia Group, Inc. 2,094,616

Expeditors International of Washington, Inc. 2,452,775

Extra Space Storage, Inc. 2,363,022

Exxon Mobil Corp. 36,282,059

F5 Networks, Inc. 1,661,508


Fastenal Co. 4,462,682

Federal Realty Investment Trust 1,058,408

FedEx Corp. 5,910,190


of 151

Fifth Third Bancorp 2,595,041

First Republic Bank 3,437,751


Fiserv, Inc. 11,499,556



FLIR Systems, Inc. 1,168,860

Flowserve Corp. 644,122

FMC Corp. 2,405,534

Ford Motor Co. 4,193,241

Fortinet, Inc. 3,726,662





Franklin Resources, Inc. 992,581

Freeport-McMoRan, Inc. 2,481,770

Gap, Inc. 357,139

Garmin, Ltd. 2,456,862

Gartner, Inc. 2,053,079

General Dynamics Corp. 6,488,858


General Mills, Inc. 7,185,362


Genuine Parts Co. 2,285,434



Globe Life, Inc. 1,447,052

Goldman Sachs Group, Inc. 11,808,853

H&R Block, Inc. 625,957

Halliburton Co. 1,945,130


Harley-Davidson, Inc. 620,951

Hartford Financial Services Group, Inc. 2,602,610

Hasbro, Inc. 1,764,166


Healthpeak Properties, Inc. 2,299,947

Henry Schein, Inc. 1,680,305

Hershey Co. 3,794,834

Hess Corp. 2,318,625

Hewlett Packard Enterprise Co. 2,369,551

Hilton Worldwide Holdings, Inc. 4,220,244


Hologic, Inc. 2,680,157


Honeywell International, Inc. 19,653,579

Hormel Foods Corp. 2,560,596

Host Hotels & Resorts, Inc. 1,614,897


HP, Inc. 4,231,176

Humana, Inc. 10,255,573

Huntington Bancshares, Inc. 1,731,452

Huntington Ingalls Industries, Inc. 1,541,752

IDEX Corp. 2,286,003


IHS Markit, Ltd. 5,252,704

Illinois Tool Works, Inc. 9,512,549

Illumina, Inc. 10,064,835


Ingersoll Rand, Inc. 1,840,388


Intercontinental Exchange, Inc. 10,212,709


International Flavors & Fragrances, Inc. 2,681,914

International Paper Co. 2,517,929

Interpublic Group of Cos., Inc. 1,251,100

Intuit, Inc. 14,252,099



IPG Photonics Corp. 1,041,957

IQVIA Holdings, Inc. 5,088,465

Iron Mountain, Inc. 1,394,930

J.M. Smucker Co. 2,450,634

Jack Henry & Associates, Inc. 2,624,279

Jacobs Engineering Group, Inc. 2,146,963

JB Hunt Transport Services, Inc. 1,924,294


of 151

Johnson Controls International PLC 4,569,527


Juniper Networks, Inc. 1,531,340


Kellogg Co. 3,066,827

KeyCorp 2,201,138

Keysight Technologies, Inc. 3,825,099

Kimberly-Clark Corp. 9,143,955

Kimco Realty Corp. 884,667

Kinder Morgan, Inc. 5,804,035

KLA Corp. 5,236,218

Kohl's Corp. 567,490


Kroger Co. 4,933,677

L Brands, Inc. 709,073


Laboratory Corp. of America Holdings 3,210,460


Lamb Weston Holdings, Inc. 1,654,413

Las Vegas Sands Corp. 3,055,264


Leidos Holdings, Inc. 2,642,358

Lennar Corp., Class A 3,191,200

Lincoln National Corp. 1,418,696

Linde PLC 20,498,054

Live Nation Entertainment, Inc. 1,306,427

LKQ Corp. 1,587,051


Loews Corp. 1,603,498

Lowe's Cos., Inc. 18,841,832

LyondellBasell Industries NV, Class A 3,087,004

M&T Bank Corp. 2,629,455


Marathon Petroleum Corp. 4,303,034

MarketAxess Holdings, Inc. 3,637,436



Martin Marietta Materials, Inc. 2,264,165

Masco Corp. 2,499,367


Maxim Integrated Products, Inc. 2,943,641

McCormick & Co., Inc. 4,081,929




Merck & Co., Inc. 38,756,901



MGM Resorts International 1,668,504




Mid-America Apartment Communities, Inc. 2,503,136

Mohawk Industries, Inc. 1,044,865

Molson Coors Beverage Co., Class B 1,344,847


Monster Beverage Corp. 5,177,089

Moody's Corp. 8,188,362


Mosaic Co. 797,203

Motorola Solutions, Inc. 4,372,783

MSCI, Inc. 5,253,379

Mylan NV 1,661,526

Nasdaq, Inc. 2,563,237


NetApp, Inc. 1,917,046


Newell Brands, Inc. 944,998

Newmont Corp. 9,040,105

News Corp., Class A 897,643

News Corp., Class B 281,563

NextEra Energy, Inc. 23,556,754

Nielsen Holdings PLC 932,047


NiSource, Inc. 1,678,728

Noble Energy, Inc. 787,455


of 151


Northern Trust Corp. 3,157,082


NortonLifeLock, Inc. 2,463,270

Norwegian Cruise Line Holdings, Ltd. 735,738

NRG Energy, Inc. 1,710,464

Nucor Corp. 2,416,511


NVR, Inc. 2,116,598

Occidental Petroleum Corp. 2,181,661

Old Dominion Freight Line, Inc. 3,090,570

Omnicom Group, Inc. 2,249,732

ONEOK, Inc. 2,858,261

Oracle Corp. 21,968,648



PACCAR, Inc. 4,817,666

Packaging Corp. of America 1,810,270

Parker-Hannifin Corp. 4,360,133




Pentair PLC 1,240,738

People's United Financial, Inc. 959,006



Perrigo Co. PLC 1,405,836

Pfizer, Inc. 39,857,605


Phillips 66 6,558,188

Pinnacle West Capital Corp. 1,651,402

Pioneer Natural Resources Co. 2,861,492

PNC Financial Services Group, Inc. 9,423,467

PPG Industries, Inc. 4,533,872

PPL Corp. 4,045,712

Principal Financial Group, Inc. 1,880,794


Progressive Corp. 8,564,531

Prologis, Inc. 12,738,996

Prudential Financial, Inc. 4,621,500

Public Service Enterprise Group, Inc. 4,867,889

Public Storage 5,743,827

PulteGroup, Inc. 1,631,919

PVH Corp. 635,807

Qorvo, Inc. 2,294,749







Realty Income Corp. 3,574,685

Regency Centers Corp. 1,352,164


Regions Financial Corp. 2,057,504

Republic Services, Inc. 3,394,728

ResMed, Inc. 4,360,795

Robert Half International, Inc. 1,124,957

Rockwell Automation, Inc. 4,710,343

Rollins, Inc. 1,109,915

Roper Technologies, Inc. 7,727,931


Royal Caribbean Cruises, Ltd. 1,681,522



SBA Communications Corp. 6,670,551

Schlumberger, Ltd. 4,822,111

Seagate Technology PLC 2,312,491

Sealed Air Corp. 935,394

Sempra Energy 6,714,892



Simon Property Group, Inc. 3,339,099


SL Green Realty Corp. 647,469

Snap-on, Inc. 1,341,384

Southern Co. 11,287,190

of 151

Southwest Airlines Co. 3,189,007

Stanley Black & Decker, Inc. 3,596,401


State Street Corp. 4,180,271

STERIS PLC 2,652,415


SVB Financial Group 2,088,444

Synchrony Financial 2,168,142


Sysco Corp. 5,307,606

T. Rowe Price Group, Inc. 5,327,821



Target Corp. 11,690,344


TechnipFMC PLC 586,472



Textron, Inc. 1,333,197


Tiffany & Co. 2,608,471

TJX Cos., Inc. 12,065,895


Tractor Supply Co. 2,724,219

Trane Technologies PLC 4,076,139

TransDigm Group, Inc. 3,989,485

Travelers Cos., Inc. 5,207,465

Truist Financial Corp. 9,301,956

Twitter, Inc. 4,534,349

Tyson Foods, Inc., Class A 3,420,242

UDR, Inc. 2,043,737

Ulta Beauty, Inc. 2,630,184

Under Armour, Inc., Class A 310,564

Under Armour, Inc., Class C 288,423


United Airlines Holdings, Inc. 1,318,104

United Parcel Service, Inc., Class B 13,176,976

United Rentals, Inc. 1,968,627





Universal Health Services, Inc., Class B 1,597,357

Unum Group 589,335


Valero Energy Corp. 5,160,868

Varian Medical Systems, Inc. 2,080,989

Ventas, Inc. 2,456,775

VeriSign, Inc. 4,267,410




VF Corp. 3,464,736

ViacomCBS, Inc., Class B 2,113,676


Vornado Realty Trust 1,081,701

Vulcan Materials Co. 2,703,776

Walgreens Boots Alliance, Inc. 6,071,287

Walmart, Inc. 33,189,524


Waste Management, Inc. 7,857,441

Waters Corp. 2,428,577

WEC Energy Group, Inc. 5,456,743

Wells Fargo & Co. 19,212,455

Welltower, Inc. 3,877,268


Western Digital Corp. 2,488,580

Western Union Co. 1,582,901

Westinghouse Air Brake Technologies Corp. 2,097,205

WestRock Co. 1,364,726

Weyerhaeuser Co. 2,837,200

Whirlpool Corp. 1,451,973

Williams Cos., Inc. 4,669,828


WR Berkley Corp. 1,585,802

WW Grainger, Inc. 2,547,553

Wynn Resorts, Ltd. 1,517,445

of 151

Xcel Energy, Inc. 6,431,012



Xylem, Inc. 2,252,973

Yum! Brands, Inc. 5,118,289

Zebra Technologies Corp., Class A 2,657,363


Zions Bancorp NA 1,057,797

Zoetis, Inc. 12,520,567

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-Mini Index Long June 2020 5,587,971

VALIC Company I - Systematic Core Fund - (unaudited)

May 31, 2020


2U, Inc. 83,079

3M Co. 188,980

A.O. Smith Corp. 89,775


AbbVie, Inc. 564,453

ABIOMED, Inc. 126,056

Acadia Healthcare Co., Inc. 28,782

Accenture PLC, Class A 555,866


Acuity Brands, Inc. 117,595

Adaptive Biotechnologies Corp. 54,915

Adobe, Inc. 689,308

ADT, Inc. 66,814

Advance Auto Parts, Inc. 99,057

Advanced Micro Devices, Inc. 235,859

AECOM 158,259

AES Corp. 29,939

Aflac, Inc. 22,867

AGCO Corp. 95,493


AGNC Investment Corp. 26,889



Alaska Air Group, Inc. 122,195



Align Technology, Inc. 155,969

Alkermes PLC 93,056

Alleghany Corp. 21,550

Allegion PLC 128,912

Alliance Data Systems Corp. 231,465

Alliant Energy Corp. 64,020

Allison Transmission Holdings, Inc. 31,987

Allstate Corp. 140,749

Ally Financial, Inc. 87,619

Alnylam Pharmaceuticals, Inc. 65,471



Alteryx, Inc., Class A 40,591



AMC Networks, Inc., Class A 175,981

Amdocs, Ltd. 135,104

AMERCO 27,413

Ameren Corp. 70,022

American Electric Power Co., Inc. 111,337


American Financial Group, Inc. 22,590

American Homes 4 Rent, Class A 48,208

American National Insurance Co. 95,741


American Water Works Co., Inc. 80,391

Americold Realty Trust 43,816

Ameriprise Financial, Inc. 95,808

AmerisourceBergen Corp. 154,641

AMETEK, Inc. 63,922

of 151

Amgen, Inc. 531,985


Analog Devices, Inc. 119,162

Anaplan, Inc. 82,197

ANSYS, Inc. 98,484

Anthem, Inc. 278,522

Aon PLC 252,687

Apergy Corp. 71,880

Apple Hospitality REIT, Inc. 90,706

Apple, Inc. 4,845,724


AptarGroup, Inc. 36,870

Aptiv PLC 27,277

Aramark 47,379

Arch Capital Group, Ltd. 50,768

Archer-Daniels-Midland Co. 53,855

Arconic Corp. 143,485

Ardagh Group SA 21,166


Armstrong World Industries, Inc. 35,509

Arrow Electronics, Inc. 202,612


Ashland Global Holdings, Inc. 26,528

Aspen Technology, Inc. 118,528

Associated Banc-Corp 25,372


AT&T, Inc. 687,592

Athene Holding, Ltd., Class A 88,346

Atlassian Corp. PLC, Class A 129,154

Atmos Energy Corp. 50,054



AutoNation, Inc. 191,281


Avalara, Inc. 34,259

AvalonBay Communities, Inc. 26,210

Avangrid, Inc. 27,355


Avnet, Inc. 90,055

Axis Capital Holdings, Ltd. 34,049

Baker Hughes Co. 35,711

Ball Corp. 73,825

Bank of America Corp. 423,378

Bank of Hawaii Corp. 23,159

Bank of New York Mellon Corp. 46,983

BankUnited, Inc. 32,636

Baxter International, Inc. 130,695

Becton Dickinson and Co. 150,627


Berry Global Group, Inc. 60,045


Beyond Meat, Inc. 28,224


Biogen, Inc. 383,555

BioMarin Pharmaceutical, Inc. 82,896

Bio-Rad Laboratories, Inc., Class A 89,912

Bio-Techne Corp. 80,764

Black Knight, Inc. 95,686

BlackRock, Inc. 115,244



BorgWarner, Inc. 26,492


Boston Scientific Corp. 128,254

Brandywine Realty Trust 34,808

Bright Horizons Family Solutions, Inc. 25,844

Bristol-Myers Squibb Co. 449,333

Brixmor Property Group, Inc. 61,213

Broadcom, Inc. 355,932



Brown-Forman Corp., Class A 72,704


Bruker Corp. 75,524

Bunge, Ltd. 29,070


BWX Technologies, Inc. 62,320

of 151


Cable One, Inc. 84,910

Cabot Corp. 47,293


CACI International, Inc., Class A 187,834


Camden Property Trust 42,122


Capital One Financial Corp. 59,331

Capri Holdings, Ltd. 131,901

Cardinal Health, Inc. 130,490

Carlisle Cos., Inc. 25,051

CarMax, Inc. 58,641


Carter's, Inc. 118,642

Carvana Co. 23,245

Casey's General Stores, Inc. 137,847

Catalent, Inc. 82,394



CBRE Group, Inc., Class A 90,731

CDK Global, Inc. 117,301

CDW Corp. 131,650


Centene Corp. 87,583

CenterPoint Energy, Inc. 26,599

CenturyLink, Inc. 178,051

Cerence, Inc. 301,164

Ceridian HCM Holding, Inc. 36,983

Cerner Corp. 205,286

CF Industries Holdings, Inc. 23,173

Change Healthcare, Inc. 52,191

Charles River Laboratories International, Inc. 146,423


Charter Communications, Inc., Class A 215,968

Chemed Corp. 154,559

Cheniere Energy, Inc. 23,639


Chimera Investment Corp. 73,120


Choice Hotels International, Inc. 37,990

Chubb, Ltd. 118,404


Ciena Corp. 78,193

Cigna Corp. 366,029

Cincinnati Financial Corp. 45,627

Cinemark Holdings, Inc. 73,181




Citizens Financial Group, Inc. 52,586


Clean Harbors, Inc. 26,072

Clorox Co. 211,613

CME Group, Inc. 142,793

CMS Energy Corp. 73,166

CNA Financial Corp. 24,456

Coca-Cola Co. 466,753

Cognex Corp. 26,100


Coherent, Inc. 28,752


Columbia Sportswear Co. 103,672

Comcast Corp., Class A 495,990


Commerce Bancshares, Inc. 29,698

CommScope Holding Co., Inc. 84,315

Conagra Brands, Inc. 83,079


Consolidated Edison, Inc. 88,346

Constellation Brands, Inc., Class A 93,258

Cooper Cos., Inc. 95,728

Copa Holdings SA, Class A 53,597

Copart, Inc. 106,732

CoreLogic, Inc. 30,529

CoreSite Realty Corp. 38,195


of 151

Corporate Office Properties Trust 42,224

Corteva, Inc. 23,623

CoStar Group, Inc. 90,638

Costco Wholesale Corp. 563,575



Cousins Properties, Inc. 24,429

Crane Co. 25,241

Credit Acceptance Corp. 61,390


Crown Holdings, Inc. 37,819

CSX Corp. 45,310

CubeSmart 35,376


Curtiss-Wright Corp. 47,241

CVS Health Corp. 440,696

CyrusOne, Inc. 31,297


Danaher Corp. 231,088

DaVita, Inc. 158,844

Deere & Co. 88,382

Dell Technologies, Inc., Class C 56,044

Delta Air Lines, Inc. 79,159


DexCom, Inc. 163,052

Dick's Sporting Goods, Inc. 43,488

Digital Realty Trust, Inc. 92,740

Discover Financial Services 125,331

Discovery, Inc., Class C 119,107

DocuSign, Inc. 150,500

Dolby Laboratories, Inc., Class A 84,293



Dominion Energy, Inc. 150,723


Domtar Corp. 70,319

Donaldson Co., Inc. 90,724

Douglas Emmett, Inc. 21,814

Dover Corp. 50,959

Dow, Inc. 44,622

Dropbox, Inc., Class A 108,268

DTE Energy Co. 50,988

Duke Energy Corp. 145,828

Duke Realty Corp. 55,134

DuPont de Nemours, Inc. 27,039


Dynatrace, Inc. 59,667

Eastman Chemical Co. 36,423

Eaton Corp. PLC 73,014

Eaton Vance Corp. 69,432

eBay, Inc. 172,050

EchoStar Corp., Class A 74,566

Ecolab, Inc. 144,767

Edison International 47,592



Elastic NV 31,447


Eli Lilly & Co. 476,286


Empire State Realty Trust, Inc., Class A 86,780

Encompass Health Corp. 55,524

Entegris, Inc. 64,970

Entergy Corp. 77,383

Envista Holdings Corp. 54,520


EPAM Systems, Inc. 71,268

EPR Properties 29,392

EQT Corp. 26,613



Equity Commonwealth 63,693

Equity LifeStyle Properties, Inc. 59,746

Equity Residential 33,369

Erie Indemnity Co., Class A 56,235

Essential Utilities, Inc. 48,136


of 151


Etsy, Inc. 37,494


Evercore, Inc., Class A 69,383

Everest Re Group, Ltd. 51,190

Evergy, Inc. 89,142

Eversource Energy 83,867

Exelixis, Inc. 129,728

Exelon Corp. 101,522



Extended Stay America, Inc. 24,783





FactSet Research Systems, Inc. 157,138

Fair Isaac Corp. 157,436


Federal Realty Investment Trust 25,012

FedEx Corp. 23,762


Fidelity National Information Services, Inc. 230,458

Fifth Third Bancorp 25,265

FireEye, Inc. 25,459

First American Financial Corp. 52,459

First Citizens BancShares, Inc., Class A 33,495

First Hawaiian, Inc. 27,600

First Horizon National Corp. 25,862


First Solar, Inc. 26,993

FirstEnergy Corp. 73,575

Fiserv, Inc. 215,035



Floor & Decor Holdings, Inc., Class A 52,364

Flowers Foods, Inc. 144,630

FMC Corp. 34,640

FNB Corp. 22,697

Foot Locker, Inc. 193,374

Ford Motor Co. 129,868







Frontdoor, Inc. 136,128

Gaming and Leisure Properties, Inc. 39,479

Gap, Inc. 77,199

Garmin, Ltd. 74,480

Gartner, Inc. 74,115

Gates Industrial Corp. PLC 132,871

GCI Liberty, Inc., Class A 74,794

General Dynamics Corp. 54,914




Genpact, Ltd. 103,680

Gentex Corp. 71,097

Genuine Parts Co. 84,411

Gilead Sciences, Inc. 455,150


Globe Life, Inc. 22,567

GoDaddy, Inc., Class A 51,217

Goodyear Tire & Rubber Co. 95,909

Graco, Inc. 98,059

GrafTech International, Ltd. 87,463

Graham Holdings Co., Class B 47,286

Grand Canyon Education, Inc. 29,667

Graphic Packaging Holding Co. 45,219

Grocery Outlet Holding Corp. 49,804

GrubHub, Inc. 29,618

Guardant Health, Inc. 26,394

Guidewire Software, Inc. 43,391

H&R Block, Inc. 66,742

Hain Celestial Group, Inc. 53,075

of 151



Hanover Insurance Group, Inc. 48,469

Hartford Financial Services Group, Inc. 36,490

Hawaiian Electric Industries, Inc. 50,509

HCA Healthcare, Inc. 71,409

HD Supply Holdings, Inc. 123,954

Healthcare Trust of America, Inc., Class A 50,981



Helmerich & Payne, Inc. 22,868

Henry Schein, Inc. 206,630

Herbalife Nutrition, Ltd. 184,786

Hershey Co. 161,459

Hewlett Packard Enterprise Co. 31,033

Hexcel Corp. 38,723

Highwoods Properties, Inc. 27,746

Hill-Rom Holdings, Inc. 50,123

Hilton Grand Vacations, Inc. 25,783



Hologic, Inc. 55,809



Horizon Therapeutics PLC 200,130

Hormel Foods Corp. 85,941

Host Hotels & Resorts, Inc. 106,051


HP, Inc. 117,305

Hubbell, Inc. 31,829

HubSpot, Inc. 62,781

Humana, Inc. 312,094

Huntington Bancshares, Inc. 24,652


Huntsman Corp. 74,506

Hyatt Hotels Corp., Class A 22,697

IAA, Inc. 35,137

ICU Medical, Inc. 33,137

IDACORP, Inc. 39,157

IDEX Corp. 37,611





Incyte Corp. 179,769


Ingredion, Inc. 146,644

Insulet Corp. 112,765

Integra LifeSciences Holdings Corp. 43,356


Interactive Brokers Group, Inc., Class A 23,716

Intercontinental Exchange, Inc. 140,040


International Flavors & Fragrances, Inc. 37,693

International Game Technology PLC 216,423

International Paper Co. 85,057

Interpublic Group of Cos., Inc. 125,433


Intuitive Surgical, Inc. 194,890


Invitation Homes, Inc. 51,627

Ionis Pharmaceuticals, Inc. 31,927

IQVIA Holdings, Inc. 124,251

Iron Mountain, Inc. 23,158

ITT, Inc. 25,850

J.M. Smucker Co. 122,133

Jabil, Inc. 36,502


Jacobs Engineering Group, Inc. 55,789

Janus Henderson Group PLC 32,060



JBG SMITH Properties 20,425

Jefferies Financial Group, Inc. 108,937

JetBlue Airways Corp. 128,765

John Wiley & Sons, Inc., Class A 92,299


of 151


Jones Lang LaSalle, Inc. 90,624

JPMorgan Chase & Co. 967,067

Juniper Networks, Inc. 51,795


KAR Auction Services, Inc. 83,890

Kellogg Co. 80,070

Kemper Corp. 21,239

Keurig Dr Pepper, Inc. 67,790

KeyCorp 24,482


Kilroy Realty Corp. 20,335


Kinder Morgan, Inc. 49,280

KLA Corp. 99,417

Knight-Swift Transportation Holdings, Inc. 51,763

Kohl's Corp. 268,772

Kosmos Energy, Ltd. 127,757

Kraft Heinz Co. 98,449

Kroger Co. 280,891

L Brands, Inc. 107,890


Laboratory Corp. of America Holdings 119,042



Landstar System, Inc. 137,652


Lazard, Ltd., Class A 89,417

Lear Corp. 38,496


Lennar Corp., Class A 98,429

Lennar Corp., Class B 64,537

Lennox International, Inc. 128,946

Liberty Broadband Corp., Class A 86,740

Liberty Broadband Corp., Class C 104,378

Liberty Media Corp. - Liberty Formula One, Series A 28,510

Liberty Media Corp. - Liberty Formula One, Series C 27,685

Liberty Media Corp. - Liberty SiriusXM, Series A 125,962

Liberty Media Corp. - Liberty SiriusXM, Series C 150,366

Liberty Media Corp.-Liberty SiriusXM 22

Life Storage, Inc. 46,303

Lincoln Electric Holdings, Inc. 91,537

Lincoln National Corp. 78,591

Linde PLC 219,337

Lions Gate Entertainment Corp., Class A 173,196

Lions Gate Entertainment Corp., Class B 172,896


LKQ Corp. 166,820

Lockheed Martin Corp. 203,154

Loews Corp. 22,171

Lowe's Cos., Inc. 395,743

LPL Financial Holdings, Inc. 119,864


M&T Bank Corp. 22,400

Macy's, Inc. 293,495

Madison Square Garden Co., Class A 37,368

Madison Square Garden Entertainment Corp. 36,287

Manhattan Associates, Inc. 180,248

ManpowerGroup, Inc. 129,845

Marathon Petroleum Corp. 135,043

Markel Corp. 50,256






Masco Corp. 117,745

Masimo Corp. 177,260

Mastercard, Inc., Class A 889,732


Mattel, Inc. 46,943


McCormick & Co., Inc. 65,685


McKesson Corp. 242,765

MDU Resources Group, Inc. 50,897

Medallia, Inc. 51,159

of 151

Medical Properties Trust, Inc. 38,330

MEDNAX, Inc. 255,562

Medtronic PLC 372,731


Mercury General Corp. 25,989


MFA Financial, Inc. 66,382

MGIC Investment Corp. 41,157

MGM Resorts International 165,203




Mid-America Apartment Communities, Inc. 70,165

MKS Instruments, Inc. 42,569

Moderna, Inc. 28,475

Mohawk Industries, Inc. 57,970

Molina Healthcare, Inc. 65,409

Molson Coors Beverage Co., Class B 193,254

Mondelez International, Inc., Class A 179,553

MongoDB, Inc. 32,263

Monolithic Power Systems, Inc. 58,101



Morgan Stanley 81,019

Morningstar, Inc. 46,303


MSC Industrial Direct Co., Inc., Class A 146,377

MSCI, Inc. 79,582

Mylan NV 293,860

Nasdaq, Inc. 60,415

National Fuel Gas Co. 34,625



Navient Corp. 84,079

NCR Corp. 82,236


Netflix, Inc. 411,335

Neurocrine Biosciences, Inc. 84,837

New Relic, Inc. 65,885

New Residential Investment Corp. 80,942

New York Community Bancorp, Inc. 38,733

New York Times Co., Class A 176,613

Newell Brands, Inc. 22,934

NewMarket Corp. 59,314

Newmont Corp. 123,489

News Corp., Class A 51,756

News Corp., Class B 48,586

Nexstar Media Group, Inc., Class A 31,158


Nielsen Holdings PLC 47,532

NIKE, Inc., Class B 459,087

NiSource, Inc. 43,800

Nordson Corp. 47,464



Northern Trust Corp. 22,913

Northrop Grumman Corp. 126,035


Norwegian Cruise Line Holdings, Ltd. 185,399

NRG Energy, Inc. 239,877

Nu Skin Enterprises, Inc., Class A 175,155

Nuance Communications, Inc. 126,961

Nucor Corp. 72,856

Nutanix, Inc., Class A 113,250

nVent Electric PLC 23,352

NVIDIA Corp. 726,726

NVR, Inc. 57,989

OGE Energy Corp. 34,797

Okta, Inc. 79,405


Old Republic International Corp. 23,089

Olin Corp. 19,031

Ollie's Bargain Outlet Holdings, Inc. 33,471

Omega Healthcare Investors, Inc. 24,289


ON Semiconductor Corp. 93,663

OneMain Holdings, Inc. 113,990

of 151

Oracle Corp. 386,499


Oshkosh Corp. 39,645


Outfront Media, Inc. 24,416

Owens Corning 146,790

PACCAR, Inc. 47,270

Packaging Corp. of America 31,031

Palo Alto Networks, Inc. 70,346

Paramount Group, Inc. 95,612


Patterson-UTI Energy, Inc. 117,973



Paylocity Holding Corp. 38,351

PayPal Holdings, Inc. 406,901

PBF Energy, Inc., Class A 130,053

Pegasystems, Inc. 175,687

Penske Automotive Group, Inc. 92,761

Pentair PLC 28,103

Penumbra, Inc. 124,660

PepsiCo, Inc. 662,091

PerkinElmer, Inc. 55,962

Perrigo Co. PLC 104,665

Pfizer, Inc. 622,650

PG&E Corp. 53,548

Philip Morris International, Inc. 424,314

Phillips 66 28,643

Pilgrim's Pride Corp. 141,693

Pinnacle West Capital Corp. 32,329


Polaris, Inc. 57,295

Pool Corp. 196,654

Popular, Inc. 56,471

Post Holdings, Inc. 110,392

PPD, Inc. 47,098


PPL Corp. 37,384

PRA Health Sciences, Inc. 56,408

Premier, Inc., Class A 50,619

Primerica, Inc. 33,297

Principal Financial Group, Inc. 70,829

Procter & Gamble Co. 959,818

Progressive Corp. 205,852


Proofpoint, Inc. 42,090

Prudential Financial, Inc. 94,244

PTC, Inc. 33,836




Pure Storage, Inc., Class A 94,302

PVH Corp. 130,317

QIAGEN NV 70,414

Qorvo, Inc. 169,050

QUALCOMM, Inc. 400,113


Quest Diagnostics, Inc. 86,581

Qurate Retail, Inc. 174,417


Raymond James Financial, Inc. 24,802

Raytheon Technologies Corp. 179,817

RealPage, Inc. 42,930


Regal Beloit Corp. 92,425

Regency Centers Corp. 26,401


Regions Financial Corp. 26,364

Reinsurance Group of America, Inc. 44,649

Reliance Steel & Aluminum Co. 164,318

RenaissanceRe Holdings, Ltd. 72,683


ResMed, Inc. 140,718

Retail Properties of America, Inc., Class A 99,517


RingCentral, Inc., Class A 142,610

Robert Half International, Inc. 157,497

of 151


Roku, Inc. 37,562




Royal Gold, Inc. 25,574

RPM International, Inc. 104,169

S&P Global, Inc. 387,749

Sabre Corp. 231,286

salesforce.com, Inc. 436,800

Santander Consumer USA Holdings, Inc. 83,212


Schneider National, Inc., Class B 32,654

Scotts Miracle-Gro Co. 41,630

Seaboard Corp. 41,160


SEI Investments Co. 83,987


Sensata Technologies Holding PLC 47,201

Service Corp. International 60,919

Service Properties Trust 227,610


ServiceNow, Inc. 329,353


Silgan Holdings, Inc. 33,139


Sirius XM Holdings, Inc. 115,620

SITE Centers Corp. 110,219

Skechers U.S.A., Inc., Class A 75,606


Smartsheet, Inc., Class A 25,832


SolarWinds Corp. 29,575

Sonoco Products Co. 24,247

Southern Co. 134,971

Southern Copper Corp. 25,809

Southwest Airlines Co. 84,166

Spirit AeroSystems Holdings, Inc., Class A 145,644

Spirit Realty Capital, Inc. 27,350

Splunk, Inc. 112,247

Spotify Technology SA 117,605

Sprouts Farmers Market, Inc. 200,914

Square, Inc., Class A 120,242

SS&C Technologies Holdings, Inc. 118,627

Starbucks Corp. 153,484

Steel Dynamics, Inc. 66,347

STERIS PLC 86,263

Sterling Bancorp 31,574

STORE Capital Corp. 27,134

Stryker Corp. 187,118

Sun Communities, Inc. 68,321

Switch, Inc., Class A 73,096


SYNNEX Corp. 193,143


Synovus Financial Corp. 49,568

Sysco Corp. 131,060




Target Corp. 333,472


Teledyne Technologies, Inc. 66,593


Telephone & Data Systems, Inc. 23,645

Tempur Sealy International, Inc. 106,586

Teradata Corp. 106,922

Teradyne, Inc. 150,795

Tesla, Inc. 187,875

Texas Instruments, Inc. 453,943

Textron, Inc. 101,922

TFS Financial Corp. 66,078

Thermo Fisher Scientific, Inc. 395,981

Timken Co. 91,248

TJX Cos., Inc. 283,796

T-Mobile US, Inc. 140,656

Toll Brothers, Inc. 70,791

of 151

Toro Co. 127,784


Trade Desk, Inc., Class A 34,583



TransUnion 73,692

Travelers Cos., Inc. 68,146


Trimble, Inc. 31,257

TripAdvisor, Inc. 118,167

Truist Financial Corp. 29,019

Twilio, Inc., Class A 45,646

Twitter, Inc. 47,229

Two Harbors Investment Corp. 65,422

Tyler Technologies, Inc. 110,341


Uber Technologies, Inc. 31,998

Ubiquiti Networks, Inc. 134,435

UDR, Inc. 23,889

UGI Corp. 177,476


Under Armour, Inc., Class A 68,766

Under Armour, Inc., Class C 69,192

Union Pacific Corp. 184,128




United States Cellular Corp. 21,962

United Therapeutics Corp. 55,201


Univar Solutions, Inc. 139,341

Universal Health Services, Inc., Class B 105,661

Unum Group 72,750

Urban Outfitters, Inc. 45,975

US Bancorp 39,472

US Foods Holding Corp. 220,244

Vail Resorts, Inc. 31,138


Valmont Industries, Inc. 38,076

Valvoline, Inc. 36,205

Vanguard Russell 1000 ETF 609,223


Veeva Systems, Inc., Class A 125,850

VEREIT, Inc. 26,392



Verizon Communications, Inc. 762,752

Vertex Pharmaceuticals, Inc. 323,379

VF Corp. 135,089

ViacomCBS, Inc., Class A 46,999


Virtu Financial, Inc., Class A 31,053


Vistra Energy Corp. 344,455

VMware, Inc., Class A 77,197

Vornado Realty Trust 21,219

Voya Financial, Inc. 63,115

Vulcan Materials Co. 23,505

W.R. Grace & Co. 28,501

Walgreens Boots Alliance, Inc. 271,896

Walmart, Inc. 756,270

Walt Disney Co. 307,795


Waters Corp. 149,888

Watsco, Inc. 122,580

Wayfair, Inc., Class A 189,563

WEC Energy Group, Inc. 96,041

Wells Fargo & Co. 165,252

Welltower, Inc. 31,314

Wendy's Co. 25,618

WESCO International, Inc. 222,344

West Pharmaceutical Services, Inc. 103,699



Westinghouse Air Brake Technologies Corp. 58,383

Westlake Chemical Corp. 43,693

WestRock Co. 66,418

of 151

WEX, Inc. 120,093

White Mountains Insurance Group, Ltd. 42,116

Williams-Sonoma, Inc. 128,559

Wintrust Financial Corp. 34,820

Workday, Inc., Class A 127,484

World Wrestling Entertainment, Inc., Class A 26,004

WP Carey, Inc. 22,646

WR Berkley Corp. 44,448

WW Grainger, Inc. 165,956

Wyndham Destinations, Inc. 31,100

Xcel Energy, Inc. 108,665



XPO Logistics, Inc. 27,032

Xylem, Inc. 24,347

Yum China Holdings, Inc. 71,966



Zendesk, Inc. 73,659

Zillow Group, Inc., Class A 35,877

Zillow Group, Inc., Class C 35,084

Zimmer Biomet Holdings, Inc. 53,695

Zoetis, Inc. 284,216

Zscaler, Inc. 110,940

Zynga, Inc., Class A 94,428

VALIC Company I - Systematic Value Fund - (unaudited)

May 31, 2020



Aflac, Inc. 179,870


Ally Financial, Inc. 120,336


AmerisourceBergen Corp. 754,139



Athene Holding, Ltd., Class A 75,894

Berkshire Hathaway, Inc., Class B 711,885






Camden Property Trust 110,342



Centene Corp. 567,498

CenterPoint Energy, Inc. 110,343



Clorox Co. 153,863


Coca-Cola Co. 483,371


Conagra Brands, Inc. 625,976




Discovery, Inc., Class A 270,483

Discovery, Inc., Class C 384,904

Eaton Vance Corp. 362,879




Equitable Holdings, Inc. 127,731




Fixed Income Clearing Corp. Repurchase Agreement 0.00 06/01/2020 557,000






of 151



Globe Life, Inc. 101,820

Harley-Davidson, Inc. 79,043

Hasbro, Inc. 465,980

HD Supply Holdings, Inc. 80,385


Intel Corp. 751,573





Jones Lang LaSalle, Inc. 338,227

Kellogg Co. 147,797



Laboratory Corp. of America Holdings 112,906

Lincoln National Corp. 134,083





MetLife, Inc. 229,600



Mondelez International, Inc., Class A 306,935



PepsiCo, Inc. 478,447

Pfizer, Inc. 545,124

Philip Morris International, Inc. 369,441

Procter & Gamble Co. 602,436

Prudential Financial, Inc. 222,199


Quest Diagnostics, Inc. 163,345









Unum Group 77,250


VEREIT, Inc. 106,416


VICI Properties, Inc. 140,420

Walmart, Inc. 473,537



Westinghouse Air Brake Technologies Corp. 489,293

VALIC Company I - Value Fund - (unaudited)

May 31, 2020


Amdocs, Ltd. 1,478,924



Assurant, Inc. 1,309,434






Blackstone Group, Inc., Class A 1,464,020


Celanese Corp. 1,851,517


Chubb, Ltd. 1,957,381




Corning, Inc. 1,674,062


of 151

Deere & Co. 1,529,719

Dominion Energy, Inc. 1,974,017


Entergy Corp. 1,391,472




FMC Corp. 1,646,104


Gaming and Leisure Properties, Inc. 1,670,078

General Dynamics Corp. 1,482,983


Highwoods Properties, Inc. 1,114,920


Host Hotels & Resorts, Inc. 1,096,020

Intact Financial Corp. 1,075,119



Keurig Dr Pepper, Inc. 1,116,800

KLA Corp. 1,107,492



Lennar Corp., Class A 1,836,714


M&T Bank Corp. 1,109,641



Merck & Co., Inc. 1,422,044




nVent Electric PLC 1,247,778



PNC Financial Services Group, Inc. 1,856,799

Progressive Corp. 1,879,079



Sealed Air Corp. 1,362,549

Sempra Energy 1,518,373

Sysco Corp. 1,533,448

TJX Cos., Inc. 1,339,787

Trane Technologies PLC 1,214,678

Truist Financial Corp. 1,817,189



VF Corp. 1,279,080


-------------------------------------------------

ULC --- Unlimited Liability Company

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

TIPS — Treasury Inflation Protected Security

VRDN — Variable Rate Demand Note

VVPR — Reduced tax rate shares

REMIC — Real Estate Mortgage Investment Conduit

RSP — Risparmio Savings Shares

SDR — Swedish Depositary Receipt

STIF — Short-Term Index Fund

TBA — Securities purchased on a forward commitment basis with an approximate principal amount and no definite maturity date. The actual principal amount and

maturity date will be determined upon settlement date.

TBD — Senior loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement

date of the transaction. In addition, senior loans typically trade without accrued interest and therefore a coupon rate is not available prior to the settlement.

ADR — American Depositary Receipt

CVA — Certification Van Aandelen (Dutch Cert.)

CVR — Contingent Value Recovery

FDR — Federal Depositary Receipt

GDR — Global Depositary Receipt

NVDR — Non-Voting Depositary Receipt

of 151

CHF — Switzerland Franc

CLP — Chilean Peso

CNY — Yuan Renminbi

COP – Colombian Peso

CRC – Costa Rican Colon

CZK – Czech Koruna

DKK — Danish Krone

DOP – Dominican Peso

EUR — Euro Currency

GBP — Pound Sterling

HKD — Hong Kong Dollar

HUF — Hungarian Forint

IDR — Indonesian Rupiah

ILS — Israeli Shekel

INR — Indian Rupee

JPY — Japanese Yen

KRW — South Korean Won

KZT – Kazakhstani Tenge

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN – Nigerian Naira

NOK — Norwegian Krone

PHP — Philippine Peso

PLN — Polish Zloty

RON – Romanian Leu

RSD – Serbian Dinar

RUB — Russian Ruble

SEK — Swedish Krona

SGD — Singapore Dollar

TRY — Turkish Lira

USD — United States Dollar

UYU – Uruguayan Peso

ZAR — South African Rand

Holdings subject to change without notice.

A funds’ portfolio holdings are unaudited and may not be representative of current or future investments. A funds’ portfolio holdings should not be relied upon in

making investment decisions and should not be construed as research or investment advice regarding particular securities. An investment in a money market fund

is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. While a money market fund seeks to preserve

the value of your investment at $1 per share, it is possible to lose money while investing in the fund.

To obtain a prospectus for the funds listed above, visit www.valic.com or call 1-800-428-2542. The prospectus contains the investment objectives,

risks, fees, charges, expenses and other information regarding the funds, which you should consider carefully before investing. Investors should read

the prospectus carefully before investing. The funds are distributed by AIG Capital Services, Inc., 21650 Oxnard Street, Suite 750, Woodland Hills,

CA 91367-4997.

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