page 1 of 142 - valic · be semiconductor industries nv 72,959 beazley plc 75,541 bechtle ag...

VALIC Company I - Asset Allocation Fund - (unaudited)

January 31, 2020

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

3D Systems Corp. 25,646

3M Co. 175,319

8x8, Inc. 32,585

A. Schulman, Inc. CVR 337

A2A SpA 30,160

AAK AB 59,971

Aalberts NV 120,844

AAON, Inc. 31,254

AAR Corp. 25,846

Aareal Bank AG 84,933

ABB, Ltd. 134,832

Abbott Laboratories 64,745

AbbVie, Inc. 18,392

Abercrombie & Fitch Co., Class A 24,524

ABM Industries, Inc. 38,674

Acadia Realty Trust 34,326

Accenture PLC, Class A 414,729

Acciona SA 40,514

Acerinox SA 69,540

Ackermans & van Haaren NV 68,873

Activision Blizzard, Inc. 70,761

Addus HomeCare Corp. 25,000

Adobe, Inc. 321,644

Advance Auto Parts, Inc. 1,318

Advanced Energy Industries, Inc. 41,125

Advanced Micro Devices, Inc. 76,704

AECOM 4,727

Aedifica SA 104,167

Aegion Corp. 25,916

Aerojet Rocketdyne Holdings, Inc. 56,965

AeroVironment, Inc. 26,045

AES Corp. 30,048

AF POYRY AB 42,026

Aflac, Inc. 46,826

Aggreko PLC 62,573

Agree Realty Corp. 42,065

Air France-KLM 42,721

Air Products & Chemicals, Inc. 116,968

AK Steel Holding Corp. 19,243

Akamai Technologies, Inc. 29,872

Alarm.com Holdings, Inc. 28,203

Albany International Corp., Class A 32,792

Alexion Pharmaceuticals, Inc. 5,466

Align Technology, Inc. 16,969

Allegiant Travel Co. 29,575

Allegion PLC 8,794

Allstate Corp. 61,878

Alphabet, Inc., Class A 759,373

Alphabet, Inc., Class C 880,617

Alstria Office REIT-AG 93,184

Alten SA 106,272

Altria Group, Inc. 40,258

Alumina, Ltd. 17,185

Aluminum Corp. of China, Ltd. 5,831

Amazon.com, Inc. 1,715,447

Ambac Financial Group, Inc. 24,859

Ambev SA ADR 219,153

Ambu A/S, Class B 48,062

AMC Networks, Inc., Class A 402

American Assets Trust, Inc. 30,707

American Axle & Manufacturing Holdings, Inc. 21,899

American Equity Investment Life Holding Co. 40,803

American Express Co. 19,610

American Homes 4 Rent, Class A 20,607

American States Water Co. 41,623

American Tower Corp. 247,730

American Woodmark Corp. 29,057

Ameriprise Financial, Inc. 17,203

Ameris Bancorp 41,356

AmerisourceBergen Corp. 18,738

AMETEK, Inc. 38,860

Amgen, Inc. 24,414

AMN Healthcare Services, Inc. 48,918

Amphastar Pharmaceuticals, Inc. 19,496

of 142

Amphenol Corp., Class A 45,756

Amplifon SpA 38,330

ams AG 50,934

Analog Devices, Inc. 195,465

Andersons, Inc. 20,471

Anglo American PLC 132,189

Anixter International, Inc. 44,506

Anthem, Inc. 29,446

Antofagasta PLC 20,774

Aon PLC 5,066

Apache Corp. 26,891

APERAM SA 27,004

Apogee Enterprises, Inc. 23,960

Apollo Commercial Real Estate Finance, Inc. 28,407

Apple, Inc. 2,769,186

Applied Industrial Technologies, Inc. 40,744

Applied Materials, Inc. 105,716

Applus Services SA 64,022

Aptiv PLC 38,156

Archrock, Inc. 20,157

Arconic, Inc. 32,346

Arcosa, Inc. 31,063

Argenx SE 14,429

Argenx SE 59,240

Arista Networks, Inc. 153,881

Asahi Group Holdings, Ltd. 92,931

Asbury Automotive Group, Inc. 31,346

Ascential PLC 61,673

Ashmore Group PLC 61,433

ASM International NV 78,556

ASM Pacific Technology, Ltd. 130,893

ASR Nederland NV 81,481

Associated Banc-Corp. 837

Assura PLC 57,555

Astec Industries, Inc. 26,765

AT&T, Inc. 509,525

Atos SE 141,654

Aurubis AG 86,299

Autodesk, Inc. 187,008

Automatic Data Processing, Inc. 136,255

AutoZone, Inc. 70,883

AvalonBay Communities, Inc. 62,840

Avast PLC 71,612

Avista Corp. 48,816

Axfood AB 57,626

Axos Financial, Inc. 27,353

Azimut Holding SpA 63,788

AZZ, Inc. 24,426

B&G Foods, Inc. 22,339

B&M European Value Retail SA 90,399

B3 SA - Brasil Bolsa Balcao 261,112

Badger Meter, Inc. 26,636

Baidu, Inc. ADR 294,691

Baker Hughes a GE Co., LLC 22,310

Bakkafrost P/F 66,067

Balchem Corp. 54,658

Balfour Beatty PLC 64,339

Ball Corp. 97,010

Banc of California, Inc. 25,919

Banca Generali SpA 17,428

Banco BPM SpA 71,756

Banco Bradesco SA ADR 556,029

Banco BTG Pactual SA 43,782

Banco de Credito e Inversiones SA 3.50 10/12/2027 206,189

Banco do Brasil SA 113,342

Banco Santander Brasil SA ADR 45,658

BancorpSouth Bank 771

Bandai Namco Holdings, Inc. 23,276

Bank of America Corp. 1,537,823

Bank of Hawaii Corp. 193,267

Bank of New York Mellon Corp. 210,466

Banner Corp. 32,425

Banque Cantonale Vaudoise 86,216

Barco NV 21,653

Barnes Group, Inc. 44,788

BAWAG Group AG 105,802

Baxter International, Inc. 9,457

BB Seguridade Participacoes SA 82,837

of 142

BE Semiconductor Industries NV 72,959

Beazley PLC 75,541

Bechtle AG 100,986

Beijer Ref AB 13,076

Belimo Holding AG 42,090

Bellway PLC 130,524

Benchmark Electronics, Inc. 23,577

Berkshire Hathaway, Inc., Class B 114,459

Best Buy Co., Inc. 29,472

BHP Group PLC 225,073

BHP Group, Ltd. 369,078

Big Lots, Inc. 22,460

Big Yellow Group PLC 59,880

BillerudKorsnas AB 45,100

Biogen, Inc. 31,724

BioTelemetry, Inc. 30,771

BJ's Restaurants, Inc. 21,959

Bloomin' Brands, Inc. 30,033

Blucora, Inc. 22,708

BlueScope Steel, Ltd. 23,455

BMW Vehicle Lease Trust 2.92 08/22/2022 391,344

Bodycote PLC 60,687

Boeing Co. 300,765

Boise Cascade Co. 25,847

Boliden AB 31,638

Bolsas y Mercados Espanoles 40,529

Booking Holdings, Inc. 188,547

Boot Barn Holdings, Inc. 24,007

Booz Allen Hamilton Holding Corp. 149,056

BorgWarner, Inc. 3,600

Boston Private Financial Holdings, Inc. 35,568

Boston Properties, Inc. 49,742

Bottomline Technologies, Inc. 36,073

Bovis Homes Group PLC 59,676

BPER Banca 69,219

BR Malls Participacoes SA 61,439

Brady Corp., Class A 39,368

Bravida Holding AB 79,913

Brembo SpA 64,694

Brewin Dolphin Holdings PLC 52,652

BRF SA ADR 44,082

Bristol-Myers Squibb Co. 30,846

Britvic PLC 80,450

Broadcom, Inc. 421,731

Brookline Bancorp, Inc. 24,001

Brooks Automation, Inc. 42,650

Bucher Industries AG 81,138

BUWOG AG 0

Buzzi Unicem SpA 28,663

C.H. Robinson Worldwide, Inc. 22,388

CA Immobilien Anlagen AG 73,751

Cabot Oil & Gas Corp. 19,444

Cadence BanCorp 34,464

Calavo Growers, Inc. 22,753

Caleres, Inc. 19,779

California Water Service Group 38,947

Callaway Golf Co. 35,214

Callon Petroleum Co. 25,449

Cal-Maine Foods, Inc. 20,557

CANCOM SE 43,430

Capcom Co., Ltd. 42,656

Capgemini SE 183,644

Capita PLC 65,124

Capital & Counties Properties PLC 55,205

Capstead Mtg. Corp. 35,272

Cardinal Health, Inc. 5,736

Cardiovascular Systems, Inc. 29,050

Cardtronics PLC, Class A 27,990

CareTrust REIT, Inc. 37,639

Carnival Corp. 31,342

Castellum AB 36,626

Caterpillar, Inc. 149,476

Cathay General Bancorp 829

Cavco Industries, Inc. 31,587

CBRE Group, Inc., Class A 18,193

CDK Global, Inc. 146,063

CDW Corp. 17,741

Celanese Corp. 9,729

of 142

Cembra Money Bank AG 101,431

Centamin PLC 39,963

Centene Corp. 3,392

CenterPoint Energy, Inc. 11,095

Centrais Eletricas Brasileiras SA ADR 101,048

Central Garden & Pet Co., Class A 29,571

Central Japan Railway Co. 58,705

Central Pacific Financial Corp. 43,536

Century Communities, Inc. 23,380

CenturyLink, Inc. 9,289

Cerner Corp. 16,449

Cerved Group SpA 70,339

CEVA, Inc. 19,200

CF Industries Holdings, Inc. 12,285

CGG SA 31,571

Charles Schwab Corp. 15,851

Chart Industries, Inc. 38,836

Charter Communications, Inc., Class A 211,124

Chatham Lodging Trust 32,422

Check Point Software Technologies, Ltd. 178,895

Chefs' Warehouse, Inc. 22,131

Chevron Corp. 1,101,506

Children's Place, Inc. 21,720

China Hongqiao Group, Ltd. 4,164

China Molybdenum Co, Ltd. 7,700

China Zhongwang Holdings, Ltd. 2,507

Chipotle Mexican Grill, Inc. 35,537

Church & Dwight Co., Inc. 26,348

Cia Brasileira de Distribuicao ADR 57,354

Cia Energetica de Minas Gerais ADR 34,320

CIE Automotive SA 48,420

Cie Plastic Omnium SA 58,687

Cielo SA 24,598

Cineworld Group PLC 52,510

Cintas Corp. 106,846

CIRCOR International, Inc. 22,634

Cisco Systems, Inc. 730,463

Citibank Credit Card Issuance Trust 3.21 12/07/2024 209,535

Citigroup, Inc. 785,695

Citizens Financial Group, Inc. 187,556

City Holding Co. 1,060

Cleveland-Cliffs, Inc. 30,937

Clorox Co. 21,237

Close Brothers Group PLC 63,618

Coca-Cola Co. 30,251

Coca-Cola Consolidated, Inc. 21,665

Cogent Communications Holdings, Inc. 43,622

Cognex Corp. 127,476

Cognizant Technology Solutions Corp., Class A 234,103

Cohu, Inc. 20,580

Colgate-Palmolive Co. 31,578

Columbia Banking System, Inc. 37,849

Comcast Corp., Class A 344,052

Comerica, Inc. 153,328

Cometa Energia SA de CV 6.38 04/24/2035 221,539

Comfort Systems USA, Inc. 27,747

Commonwealth of Australia 2.25 05/21/2028 23,712




Community Bank System, Inc. 39,895

CompuGroup Medical SE 16,551

COMSYS Holdings Corp. 49,207

Comtech Telecommunications Corp. 16,305

Concho Resources, Inc. 27,281

Concordia Financial Group, Ltd. 30,308

CONMED Corp. 44,231

ConocoPhillips 437,464

Constellium SE 19,800

ConvaTec Group PLC 83,148

Cooper Cos., Inc. 22,895

Cooper Tire & Rubber Co. 27,046

Corbion NV 82,850

Corcept Therapeutics, Inc. 24,364

Core-Mark Holding Co., Inc. 20,651

Corning, Inc. 35,498

Corteva, Inc. 49,164

CoStar Group, Inc. 45,709

of 142

Costco Wholesale Corp. 27,802

Coty, Inc., Class A 934

Country Garden Holdings Co., Ltd. 7.25 04/08/2026 218,617

Countryside Properties PLC 67,350

Covetrus, Inc. 21,673

Cranswick PLC 73,294

Credit Acceptance Corp. 15,872

Crocs, Inc. 41,322

Crown Castle International Corp. 131,859

CryoLife, Inc. 27,628

CSG Systems International, Inc. 27,152

CSX Corp. 163,902

CTS Corp. 22,539

CTS Eventim AG & Co. KGaA 84,962

Cubic Corp. 36,367

Cullen/Frost Bankers, Inc. 28,264

Cummins, Inc. 65,428

Customers Bancorp, Inc. 31,343

CVB Financial Corp. 34,021

CVS Health Corp. 44,626

CYBG PLC 56,531

D.R. Horton, Inc. 9,058

Daifuku Co., Ltd. 90,409

Dai-ichi Life Holdings, Inc. 88,751

Daiichi Sankyo Co., Ltd. 101,602

Daikin Industries, Ltd. 126,650

Darden Restaurants, Inc. 15,834

Darling Ingredients, Inc. 69,453

Dave & Buster's Entertainment, Inc. 26,849

Dechra Pharmaceuticals PLC 94,800

Deere & Co. 84,047

Delta Air Lines, Inc. 24,191

Derwent London PLC 113,475

Designer Brands, Inc., Class A 21,915

Deutsche Pfandbriefbank AG 98,539

Devon Energy Corp. 21,720

Dfds A/S 43,720

Dialog Semiconductor PLC 42,682

DiamondRock Hospitality Co. 34,116

DiaSorin SpA 59,414

Diebold Nixdorf, Inc. 18,347

Digital Realty Trust, Inc. 52,886

Dime Community Bancshares, Inc. 27,407

Dine Brands Global, Inc. 25,575

Diodes, Inc. 32,688

Direct Line Insurance Group PLC 116,628

Disco Corp. 46,294

Discover Financial Services 9,391

Discovery, Inc., Class C 14,607

Dixons Carphone PLC 46,875

DKSH Holding AG 53,411

Dollar General Corp. 70,415

Dollar Tree, Inc. 40,749

Dometic Group AB 59,687

Domino's Pizza Group PLC 50,991

dormakaba Holding AG 59,739

Dorman Products, Inc. 33,085

Dover Corp. 1,025

Dow, Inc. 102,275

Drax Group PLC 39,357

Dril-Quip, Inc. 27,239

DuPont de Nemours, Inc. 87,927

DXC Technology Co. 134,119

E*TRADE Financial Corp. 5,967

E.W. Scripps Co., Class A 17,518

Eagle Bancorp, Inc. 27,793

East West Bancorp, Inc. 73,436

Easterly Government Properties, Inc. 31,957

easyJet PLC 83,424

Eaton Corp. PLC 70,853

eBay, Inc. 86,618

Echo Global Logistics, Inc. 20,756

Ecolab, Inc. 115,705

Ecopetrol SA 5.88 05/28/2045 36,060

Edwards Lifesciences Corp. 21,766

eHealth, Inc. 34,913

El Paso Electric Co. 37,722

Electrocomponents PLC 94,231

of 142

Electronic Arts, Inc. 63,457

Elekta AB, Series B 57,048

Elia System Operator SA/NV 19,938

Elis SA 87,300

Emergent BioSolutions, Inc. 41,097

Emerson Electric Co. 76,644

Emmi AG 58,146

Employers Holdings, Inc. 29,983

Enanta Pharmaceuticals, Inc. 19,431

Enav SpA 83,745

Encore Capital Group, Inc. 21,117

Encore Wire Corp. 22,919

Endo International PLC 21,903

Energean Oil & Gas PLC 33,899

Enerpac Tool Group Corp. 28,564

Engie Brasil Energia SA 49,831

EnPro Industries, Inc. 26,240

Ensign Group, Inc. 37,290

Entra ASA 71,653

EOG Resources, Inc. 317,159

ePlus, Inc. 21,843

Equatorial Energia SA 51,770

Equinix, Inc. 100,254

Equity Residential 64,802

ESCO Technologies, Inc. 38,192

Essential Properties Realty Trust, Inc. 38,571

Essentra PLC 43,758

Essex Property Trust, Inc. 40,269

Estee Lauder Cos., Inc., Class A 4,294

Euronav NV 56,795

Euronext NV 115,303

Evergy, Inc. 57,367

EVERTEC, Inc. 30,817

Evolution Gaming Group AB 68,666

Evotec SE 55,801

Evraz PLC 11,413

Exelon Corp. 26,175

ExlService Holdings, Inc. 37,213

Expedia Group, Inc. 10,086

Experian PLC 215,285

Exponent, Inc. 56,106

Extra Space Storage, Inc. 8,965

Extreme Networks, Inc. 16,001

Exxon Mobil Corp. 1,423,045

F5 Networks, Inc. 129,203

Fabege AB 52,588

Fabrinet 36,563

Facebook, Inc., Class A 925,555

FactSet Research Systems, Inc. 21,744

Faes Farma SA 34,310

Fancl Corp. 57,861

FANUC Corp. 109,158

FARO Technologies, Inc. 23,092

Fastenal Co. 34,531

Fastighets AB Balder, Class B 53,746

Federal Republic of Germany 2.50 07/04/2044 198,206

Federal Signal Corp. 33,157

FedEx Corp. 62,195

Ferro Corp. 23,188

FGL Holdings 23,189

Fidelity National Financial, Inc. 5,850

Fidelity National Information Services, Inc. 143,660

Fifth Third Bancorp 306,236

First Abu Dhabi Bank PJSC 3.00 03/30/2022 202,864

First BanCorp./Puerto Rico 33,882

First Commonwealth Financial Corp. 41,709

First Financial Bancorp 36,421

First Midwest Bancorp, Inc. 34,217

First Quantum Minerals, Ltd. 26,233

First Republic Bank 168,759

FirstGroup PLC 45,204

Fiserv, Inc. 113,866

Flagstar Bancorp, Inc. 775

FleetCor Technologies, Inc. 92,362

FLIR Systems, Inc. 28,605

Flughafen Zurich AG 97,453

Forbo Holding AG 72,115

Ford Motor Co. 69,546

of 142

FormFactor, Inc. 31,612

Fortescue Metals Group, Ltd. 50,509

Fortinet, Inc. 336,736

Fortive Corp. 39,713

Forward Air Corp. 32,005

Four Corners Property Trust, Inc. 33,470

Fox Corp., Class B 3,633

Fox Factory Holding Corp. 40,808

Franklin Electric Co., Inc. 32,133

Franklin Resources, Inc. 8,045

Franklin Street Properties Corp. 29,146

Freenet AG 85,051

Freeport-McMoRan, Inc. 78,322

Fresh Del Monte Produce, Inc. 20,052

Frontdoor, Inc. 14,648

Fuji Electric Co., Ltd. 90,423

Fuji Oil Holdings, Inc. 77,952

Fujitsu, Ltd. 275,933

Fulton Financial Corp. 824

Future PLC 36,959

G4S PLC 88,539

Galenica AG 115,496

Games Workshop Group PLC 58,665

Gaztransport Et Technigaz SA 45,164

GCP Applied Technologies, Inc. 24,398

General Dynamics Corp. 99,124

General Electric Co. 216,481

General Mills, Inc. 10,653

General Motors Co. 87,248

Genesco, Inc. 18,520

Gentherm, Inc. 34,675

Georg Fischer AG 98,104

Gerdau SA ADR 92,229

Gerresheimer AG 63,118

Gibraltar Industries, Inc. 31,785

G-III Apparel Group, Ltd. 23,156

Gilead Sciences, Inc. 18,138

Glacier Bancorp, Inc. 38,133

Glanbia PLC 25,329

Glanbia PLC 75,444

Glencore PLC 154,612

Global Net Lease, Inc. 32,277

Global Payments, Inc. 93,621

Globo Comunicacao e Participacoes SA 4.88 01/22/2030 204,104

GMS, Inc. 22,578

GN Store Nord A/S 97,277

GoDaddy, Inc., Class A 168,025

Goldman Sachs Group, Inc. 213,737

Government of Canada 2.00 09/01/2023 26,275



Government of France 0.75 05/25/2028 83,321




Government of Japan 0.10 06/01/2021 28,702


















Grainger PLC 66,333

Grand City Properties SA 76,682

Granite Construction, Inc. 24,715

Granite Point Mtg. Trust, Inc. 31,916

Great Portland Estates PLC 78,587

of 142

Great Western Bancorp, Inc. 28,870

Greenbrier Cos., Inc. 19,176

Greencore Group PLC 37,026

Greggs PLC 67,716

GRENKE AG 86,795

Group 1 Automotive, Inc. 30,836

Guess?, Inc. 22,099

Guidewire Software, Inc. 260,550

GVC Holdings PLC 130,323

H.B. Fuller Co. 37,430

Halliburton Co. 32,061

Hammerson PLC 48,263

Hancock Whitney Corp. 715

Hanesbrands, Inc. 2,078

Hanger, Inc. 18,249

Hanmi Financial Corp. 34,801

Hapvida Participacoes e Investimentos SA 35,066

Harmonic Drive Systems, Inc. 76,195

Harsco Corp. 21,560

Hartford Financial Services Group, Inc. 26,735

Hawaiian Holdings, Inc. 24,395

HCA Healthcare, Inc. 2,082

HEICO Corp. 5,020

HEICO Corp., Class A 16,538

Helix Energy Solutions Group, Inc. 24,736

HelloFresh SE 94,692

Helmerich & Payne, Inc. 5,393

Helvetia Holding AG 36,533

Henry Schein, Inc. 35,228

Hera SpA 52,134

Hersha Hospitality Trust 26,433

Hershey Co. 32,586

Hess Corp. 25,457

Hewlett Packard Enterprise Co. 32,610

Hexagon AB, Class B 163,827

Hexpol AB 80,617

Hikari Tsushin, Inc. 49,323

Hillenbrand, Inc. 35,446

Hilton Worldwide Holdings, Inc. 61,446

HIS Co., Ltd. 29,894

Hitachi Metals, Ltd. 17,087

Hitachi, Ltd. 278,769

HMS Holdings Corp. 39,068

HollyFrontier Corp. 24,706

Holmen AB 51,431

Hologic, Inc. 7,600

Home BancShares, Inc. 803

Home Depot, Inc. 537,860

HomeServe PLC 109,715

HomeStreet, Inc. 4,624

Honeywell International, Inc. 602,459

Hope Bancorp, Inc. 32,593

Horace Mann Educators Corp. 29,032

Host Hotels & Resorts, Inc. 28,219

Howden Joinery Group PLC 107,005

Hoya Corp. 96,124

HP, Inc. 50,315

Hub Group, Inc., Class A 32,251

Hufvudstaden AB, Class A 29,601

HUGO BOSS AG 62,915

Huhtamaki Oyj 90,529

Humana, Inc. 8,070

Huntington Ingalls Industries, Inc. 5,481

Hypera SA 34,884

Ichor Holdings, Ltd. 18,966

IDEXX Laboratories, Inc. 21,410

Idorsia, Ltd. 61,450

IG Group Holdings PLC 61,944

IHS Markit, Ltd. 72,867

Illinois Tool Works, Inc. 101,488

Illumina, Inc. 7,832

IMCD NV 113,408

IMI PLC 92,530

IMMOFINANZ AG 59,926

Inchcape PLC 91,893

Incyte Corp. 27,694

Independence Realty Trust, Inc. 32,787

Independent Bank Corp. 32,490

of 142

Indika Energy Capital III Pte, Ltd. 5.88 11/09/2024 187,574

Indutrade AB 91,321

Infrastrutture Wireless Italiane SpA 55,677

Ingenico Group SA 112,396

Ingersoll-Rand PLC 55,957

Inmobiliaria Colonial Socimi SA 80,729

Innophos Holdings, Inc. 24,066

Innospec, Inc. 38,680

Innovative Industrial Properties, Inc. 23,360

Innoviva, Inc. 19,065

Inpex Corp. 38,399

Insight Enterprises, Inc. 37,414

Installed Building Products, Inc. 24,908

Integer Holdings Corp. 45,774

Intel Corp. 559,260

Intercontinental Exchange, Inc. 11,171

Interface, Inc. 19,714

Intermediate Capital Group PLC 123,357

International Bancshares Corp. 630

International Business Machines Corp. 533,382

Interpump Group SpA 55,472

Intrum AB 25,889

Intuit, Inc. 205,799

Inversiones CMPC SA 4.38 04/04/2027 212,850

Invesco Mtg. Capital, Inc. 35,190

Investec PLC 78,825

ION Media Networks, Inc. 14,283

IPG Photonics Corp. 28,343

Iren SpA 55,951

Iridium Communications, Inc. 38,018

iRobot Corp. 23,713

iShares Core S&P Small-Cap ETF 69,454

iShares MSCI Europe Small-Cap ETF 210,873

iShares MSCI India ETF 4,373,332

iShares MSCI South Korea ETF 6,306,910

iShares Russell 1000 Growth ETF 18,890

Italgas SpA 44,282

Itau Unibanco Holding SA ADR 485,176

ITOCHU Corp. 114,328

Itochu Techno-Solutions Corp. 85,672

Itron, Inc. 44,227

IWG PLC 88,642

J&J Snack Foods Corp. 34,992

Jacobs Engineering Group, Inc. 12,306

James River Group Holdings, Ltd. 28,684

Jazz Pharmaceuticals PLC 6,307

JBS SA 75,348

JD Wetherspoon PLC 63,183

JFE Holdings, Inc. 28,165

Jiangxi Copper Co., Ltd. 7,036

John Bean Technologies Corp. 53,783

John Wood Group PLC 90,285

Johnson & Johnson 73,095

Johnson Controls International PLC 78,111

JPMorgan Chase & Co. 1,867,070

Juniper Networks, Inc. 128,808

Jupiter Fund Management PLC 50,029

Jyske Bank A/S 110,587

Kaiser Aluminum Corp. 28,242

Kakao Corp. 231,517

Kaman Corp. 26,601

Kansas City Southern 2,530

Kawasaki Heavy Industries, Ltd. 105,853

KAZ Minerals PLC 33,693

KBC Ancora 85,149

Kellogg Co. 4,570

KEMET Corp. 26,795

Kemira Oyj 22,090

Keyence Corp. 474,678

Keysight Technologies, Inc. 33,476

KH Neochem Co., Ltd. 21,573

Kimberly-Clark Corp. 60,734

Kinder Morgan, Inc. 338,094

Kingdom of Spain 0.35 07/30/2023 24,968

Kingdom of Spain 2.15 10/31/2025 63,913

Kingdom of Spain 3.80 04/30/2024 122,195

Kingdom of Spain 4.65 07/30/2025 151,291

Kingdom of Spain 4.80 01/31/2024 24,011

of 142

Kingdom of Spain 5.15 10/31/2028 22,272

Kingdom of Spain 5.90 07/30/2026 72,234

Kingdom of Sweden 3.50 03/30/2039 34,590

Kingsland VIII, Ltd. 3.30 04/20/2031 7,417,935

Kinsale Capital Group, Inc. 34,152

Kite Realty Group Trust 30,375

KLA Corp. 41,435

Knowles Corp. 28,076

Koito Manufacturing Co., Ltd. 64,638

Komatsu, Ltd. 72,509

Konecranes OYJ 56,142

Kontoor Brands, Inc. 29,215

Korian SA 44,701

Korn Ferry 37,087

Kubota Corp. 74,421

Kulicke & Soffa Industries, Inc. 31,042

Kungsleden AB 72,274

Kurita Water Industries, Ltd. 32,011

Kusuri no Aoki Holdings Co., Ltd. 30,531

L3Harris Technologies, Inc. 391,975

Lacto Japan Co., Ltd. 36,892

Lam Research Corp. 90,059

Lancashire Holdings, Ltd. 50,067

Landis+Gyr Group AG 45,539

Las Vegas Sands Corp. 52,117

La-Z-Boy, Inc. 26,596

LCI Industries 42,648

LEG Immobilien AG 94,994

Lehman Brothers Holdings Capital Trust VII 5

Lehman Brothers Holdings, Inc. 5.50 04/04/2016 550



Leidos Holdings, Inc. 174,918

LendingTree, Inc. 1,867

Leroy Seafood Group ASA 33,131

Lexington Realty Trust 43,572

LGI Homes, Inc. 24,719

LHC Group, Inc. 65,150

Lifco AB 24,079

Linde PLC 243,756

Lithia Motors, Inc., Class A 48,017

Livent Corp. 30,714

LivePerson, Inc. 41,912

LKQ Corp. 8,825

Localiza Rent a Car SA 194,666

Lockheed Martin Corp. 215,772

Logitech International SA 146,650

LogMeIn, Inc. 176,067

Lojas Renner SA 233,953

LondonMetric Property PLC 69,161

Loomis AB, Series B 60,333

Lowe's Cos., Inc. 161,574

LPL Financial Holdings, Inc. 645

LTC Properties, Inc. 30,650

Lululemon Athletica, Inc. 45,484

Luminex Corp. 28,946

Lundin Mining Corp. 16,865

LyondellBasell Industries NV, Class A 45,392

M&T Bank Corp. 303,842

M/I Homes, Inc. 25,702

Maanshan Iron & Steel Co., Ltd. 2,121

Magazine Luiza SA 133,878

Magellan Health, Inc. 27,966

Man Group PLC 62,502

ManTech International Corp., Class A 36,688

Marathon Oil Corp. 1,262

Marathon Petroleum Corp. 225,085

MarketAxess Holdings, Inc. 19,126

Marks & Spencer Group PLC 92,823

Marriott International, Inc., Class A 67,229

Marshalls PLC 58,300

Martin Marietta Materials, Inc. 27,435

Maruichi Steel Tube, Ltd. 8,278

Marvell Technology Group, Ltd. 39,762

Masco Corp. 7,556

Masmovil Ibercom SA 37,679

Mastercard, Inc., Class A 579,750

Materion Corp. 25,738

of 142

Matrix Service Co. 19,858

Matson, Inc. 28,088

Matsuoka Corp. 10,519

Matthews International Corp., Class A 25,079

Maxim Integrated Products, Inc. 101,242

MaxLinear, Inc. 22,881

McDonald's Corp. 298,274

McKesson Corp. 1,569

MDC Holdings, Inc. 30,720

Mediclinic International PLC 43,190

Medifast, Inc. 21,452

Medpace Holdings, Inc. 39,439

Medtronic PLC 33,131

Megmilk Snow Brand Co., Ltd. 18,705

Meiko Electronics Co. 32,262

MercadoLibre, Inc. 46,410

Mercedes-Benz Auto Lease Trust 3.25 10/15/2024 79,572

Merck & Co., Inc. 76,383

Merit Medical Systems, Inc. 35,327

Meritage Homes Corp. 38,886

Meritor, Inc. 29,491

Merlin Properties Socimi SA 103,834

Mesa Laboratories, Inc. 25,457

Methode Electronics, Inc. 23,711

MetLife, Inc. 10,389

Mettler-Toledo International, Inc. 8,329

Micro Focus International PLC 93,700

Microchip Technology, Inc. 271,579

Micron Technology, Inc. 99,013

Microsoft Corp. 2,750,236

MicroStrategy, Inc., Class A 31,166

Minebea Mitsumi, Inc. 108,952

Mitchells & Butlers PLC 41,685

Mitsubishi Corp. 97,546

Mitsubishi Electric Corp. 183,526

Mitsubishi Materials Corp. 15,035

Mitsubishi UFJ Financial Group, Inc. 77,762

Mitsui Fudosan Co., Ltd. 161,201

Mobile Mini, Inc. 31,722

Molson Coors Brewing Co., Class B 3,446

Momenta Pharmaceuticals, Inc. 54,790

Mondelez International, Inc., Class A 11,763

Moneysupermarket.com Group PLC 71,313

Monro, Inc. 33,106

Monster Beverage Corp. 7,393

Moody's Corp. 13,610

Moog, Inc., Class A 43,461

Morgan Stanley 266,212

MorphoSys AG 78,153

Motorola Solutions, Inc. 47,790

MS&AD Insurance Group Holdings, Inc. 129,026

MSCI, Inc. 11,146

MTS Systems Corp. 23,469

Mueller Industries, Inc. 29,170

Murata Manufacturing Co., Ltd. 119,978

Myriad Genetics, Inc. 35,475

Nabors Industries, Ltd. 16,477

National Bank Holdings Corp., Class A 36,577

National Express Group PLC 56,053

National Instruments Corp. 25,261

National Storage Affiliates Trust 34,526

Natura & Co. Holding SA 113,323

Natus Medical, Inc. 22,967

NAVER Corp. 273,147

NBT Bancorp, Inc. 26,415

NEC Corp. 40,277

Neenah, Inc. 24,524

Nemetschek SE 84,804

Neogen Corp. 56,574

NeoGenomics, Inc. 53,308

Netflix, Inc. 253,986

Network International Holdings PLC 66,548

New York Mtg. Trust, Inc. 34,925

Newell Brands, Inc. 3,418

Newmont Goldcorp Corp. 78,855

Newpark Resources, Inc. 20,180

Nexity SA 85,069

NextGen Healthcare, Inc. 19,778

of 142

Nibe Industrier AB, Class B 95,910

NIC, Inc. 26,004

Nidec Corp. 101,274

Nihon Unisys, Ltd. 85,617

NIKE, Inc., Class B 220,046

Nippon Steel Corp. 53,794

Nippon Telegraph & Telephone Corp. 152,764

Nitori Holdings Co., Ltd. 77,932

NMI Holdings, Inc., Class A 35,463

Noble Energy, Inc. 23,170

Nomura Research Institute, Ltd. 84,189

Nordic Entertainment Group AB, Class B 70,504

Norfolk Southern Corp. 101,606

Norsk Hydro ASA 20,587

Northern Trust Corp. 223,007

Northfield Bancorp, Inc. 43,125

Northrop Grumman Corp. 146,457

Northwest Bancshares, Inc. 8,822

Northwest Natural Holding Co. 35,736

NortonLifeLock, Inc. 259,730

Norwegian Cruise Line Holdings, Ltd. 11,470

Notre Dame Intermedica Participacoes SA 86,890

NRG Energy, Inc. 21,027

NTT Data Corp. 130,488

Nuance Communications, Inc. 2,743

Nucor Corp. 72,232

NVIDIA Corp. 460,329

NXP Semiconductors NV 387,938

Oasis Petroleum, Inc. 15,685

OBIC Co., Ltd. 82,139

OC Oerlikon Corp. AG 73,600

Occidental Petroleum Corp. 238,320

Oceaneering International, Inc. 25,366

OCI NV 31,881

Office Depot, Inc. 23,956

Office Properties Income Trust 35,187

OFG Bancorp 27,003

Oil States International, Inc. 14,823

Old National Bancorp 38,507

Omnicell, Inc. 56,408

Omnicom Group, Inc. 38,408

Omron Corp. 166,286

ON Semiconductor Corp. 36,577

Onto Innovation, Inc. 33,691

Opus Bank 1,012

Oracle Corp. 293,458

Oracle Corp. Japan 60,686

Orazul Energy Egenor S en C por A 5.63 04/28/2027 207,910

O'Reilly Automotive, Inc. 73,504

Orpea 75,626

Orthofix Medical, Inc. 24,788

OSI Systems, Inc. 23,193

Otsuka Corp. 86,058

Oxford Industries, Inc. 22,277

PACCAR, Inc. 43,784

Pacific Premier Bancorp, Inc. 30,545

Pacira BioSciences, Inc. 32,415

PacWest Bancorp 1,472

Palo Alto Networks, Inc. 313,901

Pan Pacific International Holdings Corp. 104,817

Pandox AB 13,871

Paragon Banking Group PLC 45,061

Parker-Hannifin Corp. 48,335

Patrick Industries, Inc. 23,346

Patterson-UTI Energy, Inc. 2,088

Paychex, Inc. 43,743

PayPal Holdings, Inc. 230,399

PDC Energy, Inc. 38,776

Peab AB 63,656

Pennon Group PLC 136,900

PennyMac Mtg. Investment Trust 31,736

Penta-Ocean Construction Co., Ltd. 43,695

PepsiCo, Inc. 21,871

PeptiDream, Inc. 71,310

Perdoceo Education Corp. 24,145

Perficient, Inc. 31,261

Perspecta, Inc. 74,835

Petra Diamonds US Treasury PLC 7.25 05/01/2022 122,000

of 142

Petrobras Distribuidora SA 53,799

Petrobras Global Finance BV 6.75 01/27/2041 36,540

Petroleo Brasileiro SA ADR 238,812

Petroleo Brasileiro SA ADR (Preference Shares) 344,368

Pets at Home Group PLC 40,929

Pfizer, Inc. 40,070

PGT Innovations, Inc. 24,072

Philip Morris International, Inc. 19,683

Phillips 66 257,846

Photronics, Inc. 19,464

Pinnacle Financial Partners, Inc. 117,884

Pinnacle West Capital Corp. 3,810

Pioneer Natural Resources Co. 28,350

Piper Jaffray Cos. 31,818

PKSHA Technology, Inc. 8,928

Plantronics, Inc. 19,731

Playtech PLC 38,952

Plexus Corp. 30,795

PNC Financial Services Group, Inc. 135,626

Polypipe Group PLC 42,662

Pool Corp. 20,176

Portuguese Republic 1.95 06/15/2029 24,578





Power Integrations, Inc. 41,119

PPG Industries, Inc. 62,317

PRA Group, Inc. 29,915

PriceSmart, Inc. 24,259

Primary Health Properties PLC 71,282

ProAssurance Corp. 25,480

Procter & Gamble Co. 39,255

Progress Software Corp. 36,871

Progressive Corp. 9,360

Prologis, Inc. 118,886

ProSiebenSat.1 Media SE 67,483

Prosperity Bancshares, Inc. 219,515

Proto Labs, Inc. 44,816

Provident Financial Services, Inc. 48,654

PTC, Inc. 36,573

Public Storage 80,777

PulteGroup, Inc. 30,898

QEP Resources, Inc. 18,979

QinetiQ PLC 75,772

Qorvo, Inc. 6,669

Quaker Chemical Corp. 34,698

QUALCOMM, Inc. 434,569

Qualys, Inc. 44,928

Quanex Building Products Corp. 24,152

Quilter PLC 86,891

Raia Drogasil SA 127,625

Rambus, Inc. 34,073

Range Resources Corp. 16,224

Rational AG 46,699

Raven Industries, Inc. 25,715

Raymond James Financial, Inc. 823

Raytheon Co. 106,051

RE/MAX Holdings, Inc., Class A 25,839

Realogy Holdings Corp. 23,340

RealPage, Inc. 12,078

Realty Income Corp. 51,751

Recruit Holdings Co., Ltd. 54,754

Redrow PLC 59,256

Redwood Trust, Inc. 33,003

REGENXBIO, Inc. 25,726

Regions Financial Corp. 173,045

Reliance Steel & Aluminum Co. 10,676

Relo Group, Inc. 40,243

Renesas Electronics Corp. 124,946

ReNew Power Synthetic 6.67 03/12/2024 210,067

Renewable Energy Group, Inc. 21,970

Rengo Co., Ltd. 64,585

Renishaw PLC 49,602

Rent-A-Center, Inc. 28,606

Reply SpA 23,085

Republic of Italy 2.50 11/15/2025 65,700


of 142






Republic Services, Inc. 50,091

Retail Opportunity Investments Corp. 32,626

Rheinmetall AG 88,119

Ringkjoebing Landbobank A/S 68,029

Rio Tinto PLC 296,179

Rio Tinto, Ltd. 117,631

Rocket Internet SE 55,459

Rockwell Automation, Inc. 223,284

Rockwool International A/S 46,288

Rogers Corp. 34,854

Roper Technologies, Inc. 68,699

Ross Stores, Inc. 77,187

Rotork PLC 93,506

Royal Caribbean Cruises, Ltd. 36,295

Royal Mail PLC 46,901

Royal Unibrew A/S 79,082

RPT Realty 32,796

Rubis SCA 93,013

Rumo SA 65,007

Ruth's Hospitality Group, Inc. 20,582

S&P Global, Inc. 15,274

S&T Bancorp, Inc. 42,890

Saia, Inc. 35,972

Saipem SpA 64,008

salesforce.com, Inc. 1,078,181

Salmar ASA 36,300

Sankyu, Inc. 69,206

Sanmina Corp. 34,706

Santen Pharmaceutical Co., Ltd. 99,106

Saudi Arabian Oil Co. 3.50 04/16/2029 211,948

Savills PLC 56,051

SBA Communications Corp. 54,903

SBM Offshore NV 54,314

Schlumberger, Ltd. 367,102

Schneider Electric SE 258,226

Scholastic Corp. 25,569

Schweitzer-Mauduit International, Inc. 21,929

Scout24 AG 123,584

SCSK Corp. 96,525

SEACOR Holdings, Inc. 24,246

Sealed Air Corp. 2,308

Select Medical Holdings Corp. 39,034

ServiceNow, Inc. 814,120

ServisFirst Bancshares, Inc. 29,400

Seven & i Holdings Co., Ltd. 80,513

SFS Group AG 29,458

Shaftesbury PLC 64,767

Shake Shack, Inc., Class A 35,276

Shenandoah Telecommunications Co. 30,585

Sherwin-Williams Co. 100,258

Shimadzu Corp. 100,765

Shimano, Inc. 61,274

Shin-Etsu Chemical Co., Ltd. 91,059

Shopify, Inc., Class A 387,895

Siegfried Holding AG 71,242

Siemens AG 267,248

SIG Combibloc Group AG 45,813

Signature Aviation PLC 78,548

Signature Bank 851

Signet Jewelers, Ltd. 25,453

Signify NV 75,771

Siltronic AG 54,404

SimCorp A/S 95,942

Simmons First National Corp., Class A 40,886

Simon Property Group, Inc. 147,930

Simpson Manufacturing Co., Inc. 46,295

SINA Corp. 186,262

SkyWest, Inc. 39,005

Sleep Number Corp. 26,001

SM Energy Co. 20,820

Snap-on, Inc. 11,334

Societe BIC SA 37,480

Sofina SA 56,667

of 142

SoftBank Group Corp. 80,978

Softcat PLC 55,390

Software AG 26,559

SOITEC 26,491

Sony Corp. 70,288

Sopra Steria Group 104,606

South Jersey Industries, Inc. 43,520

South32, Ltd. 41,658

Southern Co. 6,758

Southern Copper Corp. 3.88 04/23/2025 37,401

Southside Bancshares, Inc. 42,973

Southwest Airlines Co. 6,268

Southwestern Energy Co. 19,025

SpareBank 1 SR Bank ASA 73,611

SPDR S&P 500 Trust ETF 48,581

Spectris PLC 96,796

Spirent Communications PLC 53,426

Splunk, Inc. 198,888

Spok Holdings, Inc. 21,463

SPS Commerce, Inc. 34,553

SPX Corp. 35,036

SPX FLOW, Inc. 31,668

Square, Inc., Class A 38,839

SSAB AB, Class B 59,008

SSP Group PLC 96,732

Stabilus SA 23,628

Stadler Rail AG 24,250

Stamps.com, Inc. 22,719

Standex International Corp. 28,140

Stanley Black & Decker, Inc. 43,019

Starbucks Corp. 212,245

State Street Corp. 89,848

State Street Institutional U.S. Government Money Market Fund, Premier Class 3,327,704

Steel Dynamics, Inc. 31,912

Stepan Co. 31,371

STERIS PLC 8,288

Sterling Bancorp 2,260

Steven Madden, Ltd. 44,652

Stewart Information Services Corp. 26,762

STMicroelectronics NV 135,254

Storebrand ASA 59,863

Strategic Education, Inc. 54,529

Stroeer SE & Co. KGaA 63,175

Subsea 7 SA 83,269

Sul America SA 120,628

Sumitomo Bakelite Co., Ltd. 53,958

Sumitomo Metal Mining Co., Ltd. 79,605

Sumitomo Mitsui Financial Group, Inc. 122,651

Summit Hotel Properties, Inc. 29,821

Sunrise Communications Group AG 79,605

Supernus Pharmaceuticals, Inc. 24,928

Suzano SA 85,220

Suzuki Motor Corp. 113,497

SVB Financial Group 104,063

Svenska Cellulosa AB SCA, Class B 92,194

Sweco AB, Class B 90,735

Swedish Orphan Biovitrum AB 47,635

Sykes Enterprises, Inc. 27,241

Synchrony Financial 5,445

Synopsys, Inc. 37,025

Sysco Corp. 11,910

T. Rowe Price Group, Inc. 52,878

Tabula Rasa HealthCare, Inc. 26,132

Tactile Systems Technology, Inc. 21,689

TAG Immobilien AG 48,882

Takeaway.com NV 75,164

Take-Two Interactive Software, Inc. 14,957

TalkTalk Telecom Group PLC 49,324

Target Corp. 118,049

Tate & Lyle PLC 109,579

TE Connectivity, Ltd. 50,699

Tecan Group AG 104,190

TechnipFMC PLC 17,170

Teck Resources, Ltd., Class B 31,140

Teleflex, Inc. 8,916

Tengizchevroil Finance Co. International, Ltd. 4.00 08/15/2026 210,802

Tennant Co. 28,726

Teradyne, Inc. 86,645

of 142

Termocandelaria Power, Ltd. 7.88 01/30/2029 219,250

Terumo Corp. 57,110

Tesla, Inc. 143,125

Texas Instruments, Inc. 502,749

TGS NOPEC Geophysical Co. ASA 84,739

Thermo Fisher Scientific, Inc. 626

THK Co., Ltd. 69,761

Thule Group AB 85,095

thyssenkrupp AG 24,336

Tieto Oyj 53,924

Tivity Health, Inc. 19,351

TiVo Corp. 22,976

TJX Cos., Inc. 126,346

TKH Group NV CVA 80,533

T-Mobile US, Inc. 65,886

Tokyo Century Corp. 45,589

Tokyu Corp. 84,489

Tompkins Financial Corp. 3,702

Tomra Systems ASA 57,431

TopBuild Corp. 54,621

Topcon Corp. 36,911

Topdanmark A/S 33,784

Towa Corp. 32,674

Toyota Motor Corp. 173,457

TP ICAP PLC 58,902

Trainline PLC 71,629

TransDigm Group, Inc. 57,895

Travis Perkins PLC 107,233

Trelleborg AB, Class B 103,587

Trend Micro, Inc. 251,389

Trimble, Inc. 38,608

Trinseo SA 20,822

Tritax Big Box REIT PLC 76,188

Triumph Group, Inc. 19,838

TrueBlue, Inc. 22,721

Truist Financial Corp. 366,147

TrustCo Bank Corp. 40,245

Trustmark Corp. 831

TTM Technologies, Inc. 25,384

Tullow Oil PLC 18,621

Turkcell Iletisim Hizmetleri AS 5.80 04/11/2028 208,000

Twitter, Inc. 37,352

Tyler Technologies, Inc. 215,247

Tyson Foods, Inc., Class A 3,884

U.S. Physical Therapy, Inc. 27,645

UDG Healthcare PLC 57,525

Ultra Clean Holdings, Inc. 19,190

Ultra Electronics Holdings PLC 57,582

Ultrapar Participacoes SA ADR 48,392

UMB Financial Corp. 731

Umpqua Holdings Corp. 11,458

Unifin Financiera SAB de CV 7.38 02/12/2026 210,400

UniFirst Corp. 44,865

Union Pacific Corp. 224,275

Union Tool Co. 8,501

Unipol Gruppo SpA 61,146

UNITE Group PLC 113,131

United Airlines Holdings, Inc. 5,311

United Bankshares, Inc. 755

United Community Banks, Inc. 29,791

United Fire Group, Inc. 25,582

United Internet AG 118,365

United Kingdom Gilt Treasury 3.50 01/22/2045 126,443



United Parcel Service, Inc., Class B 133,541

United States Treasury Bonds 3.38 05/15/2044 25,233



United States Treasury Notes 1.38 06/30/2023 66,139







United Technologies Corp. 214,786

UnitedHealth Group, Inc. 62,936

of 142

Uniti Group, Inc. 22,896

Universal Corp. 22,748

Universal Forest Products, Inc. 46,846

Universal Health Services, Inc., Class B 8,364

Universal Insurance Holdings, Inc. 19,423

US Bancorp 520,811

USANA Health Sciences, Inc. 17,153

Valaris PLC 20,757

Vale SA ADR 415,770

Valero Energy Corp. 49,827

Valley National Bancorp 8,413

Valmet Oyj 45,282

Vanda Pharmaceuticals, Inc. 17,684

Varex Imaging Corp. 25,825

Varta AG 9,561

VAT Group AG 108,094

Vector Group, Ltd. 25,045

Veeva Systems, Inc., Class A 323,568

Ventas, Inc. 42,816

VeriSign, Inc. 41,420

Verisk Analytics, Inc. 50,366

Veritex Holdings, Inc. 37,156

Verizon Communications, Inc. 448,831

Vertex Pharmaceuticals, Inc. 3,179

VF Corp. 49,782

Viad Corp. 31,655

Viavi Solutions, Inc. 49,026

Vicor Corp. 19,319

Victrex PLC 68,969

Virtus Investment Partners, Inc. 25,221

Virtusa Corp. 25,359

Visa, Inc., Class A 724,450

Viscofan SA 95,667

Vistra Energy Corp. 4,864

VMware, Inc., Class A 490,819

voestalpine AG 13,697

Vonage Holdings Corp. 32,367

Vontobel Holding AG 37,649

Wabash National Corp. 20,799

Waddell & Reed Financial, Inc., Class A 29,243

Walker & Dunlop, Inc. 40,818

Wallenstam AB 22,402

Walmart, Inc. 19,349

Walt Disney Co. 410,227

Warehouses De Pauw CVA 66,906

Warrior Met Coal, Inc. 22,330

Washington Federal, Inc. 16,558

Washington Prime Group, Inc. 17,124

Washington Real Estate Investment Trust 38,202

Waste Connections, Inc. 45,266

Waste Management, Inc. 91,275

Watts Water Technologies, Inc., Class A 37,491

WD-40 Co. 35,122

WEG SA 88,343

Weir Group PLC 98,641

Wells Fargo & Co. 736,676

Welltower, Inc. 71,324

Westamerica Bancorporation 23,570

Weyerhaeuser Co. 44,583

WH Smith PLC 83,678

Whirlpool Corp. 6,431

Whitestone REIT 35,029

Wienerberger AG 83,755

Wihlborgs Fastigheter AB 102,580

William Hill PLC 50,428

Williams Cos., Inc. 7,779

Wingstop, Inc. 43,695

Winnebago Industries, Inc. 33,294

Wintrust Financial Corp. 886

Wirecard AG 121,436

Wizz Air Holdings PLC 71,470

Wolverine World Wide, Inc. 40,725

Woodward, Inc. 18,028

Workday, Inc., Class A 489,270

Worldline SA 63,951

W-Scope Corp. 48,928

Xencor, Inc. 29,935

Xenia Hotels & Resorts, Inc. 31,212

of 142

Xilinx, Inc. 151,642

Xperi Corp. 18,423

Yamaha Corp. 40,366

Yaskawa Electric Corp. 34,388

Yokogawa Electric Corp. 79,854

Yum! Brands, Inc. 57,116

Yuzhou Properties Co., Ltd. 8.50 02/26/2024 205,810

Zebra Technologies Corp., Class A 96,803

Zenkoku Hosho Co., Ltd. 64,198

Zoetis, Inc. 6,442

Futures Contracts

Description Expiration Month

Unrealized

Appreciation

(Depreciation) ($)

FTSE China A50 Index Long February 2020 (403,388)

MSCI Europe Long March 2020 (7,161)

Nikkei 225 Long March 2020 (98,093)

Russell 1000 E-mini Growth Index Short March 2020 (65,324)

Russell 1000 E-mini Value Index Short March 2020 6,120

Russell 2000 E-mini Index Short March 2020 21,139

S&P 500 E-mini Index Short March 2020 (37,837)

U.S. Treasury 10 Year Notes Short March 2020 (84,995)

U.S. Treasury 5 Year Notes Short March 2020 (22,303)

Forward Foreign Currency Contracts

Description Settlement Date

Unrealized

Appreciation

(Depreciation) ($)

BOUGHT AUD/SOLD USD 3/18/2020 (5,153)

BOUGHT AUD/SOLD USD 3/18/2020 (21,646)

BOUGHT CAD/SOLD USD 3/18/2020 (4,965)

BOUGHT CHF/SOLD USD 3/18/2020 31,781

BOUGHT CNH/SOLD USD 3/18/2020 7,516

BOUGHT EUR/SOLD USD 3/18/2020 (95,844)

BOUGHT GBP/SOLD USD 3/18/2020 21,011

BOUGHT JPY/SOLD USD 3/18/2020 1,407

BOUGHT JPY/SOLD USD 3/18/2020 33,973

SOLD AUD/BOUGHT USD 3/18/2020 4,592

SOLD AUD/BOUGHT USD 3/18/2020 640

SOLD AUD/BOUGHT USD 3/18/2020 9,240

SOLD AUD/BOUGHT USD 3/18/2020 543

SOLD CAD/BOUGHT USD 3/18/2020 671

SOLD EUR/BOUGHT USD 3/18/2020 1,937



SOLD GBP/BOUGHT USD 3/18/2020 3,788

SOLD GBP/BOUGHT USD 3/18/2020 (71)

SOLD JPY/BOUGHT USD 3/18/2020 (10,829)

SOLD JPY/BOUGHT USD 3/18/2020 (8,421)

SOLD KRW/BOUGHT USD 3/18/2020 8,185

SOLD SEK/BOUGHT USD 3/18/2020 1,083

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

January 31, 2020



Advanced Micro Devices, Inc. 2,448,700

Agilent Technologies, Inc. 159,423


Alexion Pharmaceuticals, Inc. 2,258,240

Alibaba Group Holding, Ltd. ADR 36,326,166

Alphabet, Inc., Class A 11,535,312

Alphabet, Inc., Class C 49,674,556


American Tower Corp. 44,494

Amgen, Inc. 144,970

ANT International Co., Ltd., Class C 1,759,570

Anthem, Inc. 5,908,316

Apple, Inc. 26,115,835

Applied Materials, Inc. 3,478,646

Aptiv PLC 3,207,267

Atlassian Corp. PLC, Class A 1,645,812

Automatic Data Processing, Inc. 822,672

Becton Dickinson and Co. 11,826,136

of 142

Boeing Co. 16,113,055

Booking Holdings, Inc. 10,922,892

Broadcom, Inc. 161,430

Canadian Pacific Railway, Ltd. 2,079,963

Centene Corp. 6,205,628

Charles Schwab Corp. 2,624,910


Chubb, Ltd. 1,704,568

Cigna Corp. 14,257,474


Citigroup, Inc. 222,560

Concho Resources, Inc. 134,510

Constellation Brands, Inc., Class A 54,042

CoStar Group, Inc. 4,365,891

Coupa Software, Inc. 177,265

Danaher Corp. 10,496,607

DocuSign, Inc. 1,829,283

Dollar General Corp. 9,922,099

Dollar Tree, Inc. 1,429,864

Electronic Arts, Inc. 1,325,581

Equifax, Inc. 1,663,890

Exact Sciences Corp. 1,757,862

Facebook, Inc., Class A 54,193,048

Ferrari NV 943,366

Fidelity National Information Services, Inc. 14,404,070

Fiserv, Inc. 14,053,624

FleetCor Technologies, Inc. 4,519,768

Fortive Corp. 312,083

General Electric Co. 849,090

Global Payments, Inc. 17,369,446

Goldman Sachs Group, Inc. 1,980,458

HCA Healthcare, Inc. 3,863,776

Hilton Worldwide Holdings, Inc. 4,464,860

Honeywell International, Inc. 2,116,229

IAC/InterActiveCorp 5,564,814

IHS Markit, Ltd. 1,097,416

Intercontinental Exchange, Inc. 4,310,763

Intuit, Inc. 17,022,991

Intuitive Surgical, Inc. 11,672,533

JPMorgan Chase & Co. 145,464

Kansas City Southern 1,074,555

KLA Corp. 2,308,427

L3Harris Technologies, Inc. 2,760,649

Lam Research Corp. 2,415,501

Linde PLC 2,734,130

Lululemon Athletica, Inc. 4,342,056

Marriott International, Inc., Class A 3,331,187

Marsh & McLennan Cos., Inc. 3,063,174

Marvell Technology Group, Ltd. 3,408,896

Mastercard, Inc., Class A 29,301,539

Match Group, Inc. 1,284,764




Morgan Stanley 3,725,093


Netflix, Inc. 14,664,254

NextEra Energy, Inc. 69,732

NIKE, Inc., Class B 4,453,875

Norfolk Southern Corp. 1,825,377

Northrop Grumman Corp. 4,168,964

NVIDIA Corp. 5,631,053

Paycom Software, Inc. 2,481,648

PayPal Holdings, Inc. 14,096,963

Philip Morris International, Inc. 3,722


QUALCOMM, Inc. 1,909,067

Restaurant Brands International, Inc. 292,787

Roper Technologies, Inc. 5,868,023

Ross Stores, Inc. 7,476,566

Royal Caribbean Cruises, Ltd. 1,369,953

S&P Global, Inc. 5,367,328


Seattle Genetics, Inc. 422,721

Sempra Energy 1,694,270

ServiceNow, Inc. 19,634,252

Sherwin-Williams Co. 1,921,616

Splunk, Inc. 6,961,082

of 142

Spotify Technology SA 2,116,957

State Street Corp. 1,849,305

State Street Institutional U.S. Government Money Market Fund, Premier Class 500,082

Stryker Corp. 14,750,054

Synopsys, Inc. 1,239,084

T. Rowe Price Government Reserve Fund 1,094,698

TD Ameritrade Holding Corp. 4,352,064


Tencent Holdings, Ltd. 19,591,520

Texas Instruments, Inc. 1,167,771

Thermo Fisher Scientific, Inc. 9,422,321

TJX Cos., Inc. 1,239,604

Trip.com Group, Ltd . 1,343,677

Union Pacific Corp. 2,154,117

United Airlines Holdings, Inc. 2,454,637


UnitedHealth Group, Inc. 15,460,720

Veeva Systems, Inc., Class A 923,643

Vertex Pharmaceuticals, Inc. 14,415,859

VF Corp. 137,813

Visa, Inc., Class A 33,536,592

VMware, Inc., Class A 3,974,819

Willis Towers Watson PLC 8,512,452

Workday, Inc., Class A 9,633,070

Wynn Resorts, Ltd. 2,123,777


Zoetis, Inc. 1,529,994

VALIC Company I - Capital Conservation Fund - (unaudited)

January 31, 2020


ABB Finance USA, Inc. 3.38 04/03/2023 273,604

AbbVie, Inc. 4.05 11/21/2039 179,534

AbbVie, Inc. 4.25 11/21/2049 334,745

ACE INA Holdings, Inc. 2.88 11/03/2022 214,199

Adobe, Inc. 2.30 02/01/2030 416,522

AEP Texas, Inc. 4.15 05/01/2049 98,136

AEP Transmission Co. LLC 3.15 09/15/2049 99,129

Albemarle Wodgina Pty, Ltd. 3.45 11/15/2029 114,013

Amazon.com, Inc. 4.80 12/05/2034 137,628

American Express Co. 3.40 02/22/2024 163,089


American Express Credit Account Master Trust 2.99 12/15/2023 127,332

Ameriprise Financial, Inc. 3.00 03/22/2022 191,702

Amgen, Inc. 4.66 06/15/2051 240,712

Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc. 4.90 02/01/2046 254,778

Anheuser-Busch InBev Worldwide, Inc. 4.60 04/15/2048 402,604

Anheuser-Busch InBev Worldwide, Inc. 5.55 01/23/2049 316,530

Apache Corp. 4.75 04/15/2043 189,668

Apache Corp. 5.10 09/01/2040 221,458

Apple, Inc. 2.05 09/11/2026 164,610

Apple, Inc. 2.85 05/06/2021 184,990

Arrow Electronics, Inc. 4.00 04/01/2025 130,928

Assurant, Inc. 6.75 02/15/2034 34,013

AT&T, Inc. 4.50 05/15/2035 794,099

AT&T, Inc. 4.50 03/09/2048 84,511

AT&T, Inc. 4.80 06/15/2044 238,552

AT&T, Inc. 4.85 07/15/2045 155,150

AT&T, Inc. 4.90 08/15/2037 406,589

Australia & New Zealand Banking Group, Ltd. 2.95 07/22/2030 202,750

BA Credit Card Trust 1.74 01/15/2025 100,605

BA Credit Card Trust 3.00 09/15/2023 266,476

BAE Systems Holdings, Inc. 3.85 12/15/2025 373,301

Banco Santander SA 3.31 06/27/2029 213,206

BANK 3.18 08/15/2061 86,590

BANK 3.93 02/15/2052 427,763

Bank of America Corp. 2.46 10/22/2025 391,267




Bank of Montreal 2.05 11/01/2022 516,846

BankUnited, Inc. 4.88 11/17/2025 771,028

Benchmark Mtg. Trust 3.57 01/15/2051 193,787

Benchmark Mtg. Trust 3.93 03/15/2052 554,680

Black Hills Corp. 3.88 10/15/2049 114,623

BMW US Capital LLC 3.10 04/12/2021 179,957

of 142

BNP Paribas SA 3.05 01/13/2031 410,043

BNP Paribas SA 4.71 01/10/2025 464,197

BP Capital Markets PLC 3.51 03/17/2025 567,665

Braskem Netherlands Finance BV 4.50 01/10/2028 212,617

Braskem Netherlands Finance BV 4.50 01/31/2030 301,560

Brighthouse Financial, Inc. 4.70 06/22/2047 169,873

Bristol-Myers Squibb Co. 3.63 05/15/2024 236,270

Bristol-Myers Squibb Co. 4.63 05/15/2044 184,998

BX Commercial Mtg. Trust 2.68 04/15/2034 100,031

Cameron LNG LLC 3.70 01/15/2039 226,662

Canadian Imperial Bank of Commerce 2.25 01/28/2025 331,047

Canadian Natural Resources, Ltd. 3.85 06/01/2027 202,847

Canadian Pacific Railway Co. 6.13 09/15/2115 165,930

Capital One Prime Auto Receivables Trust 1.92 05/15/2024 201,464

Cardinal Health, Inc. 4.60 03/15/2043 256,966

CarMax Auto Owner Trust 2.18 08/15/2024 232,944

CarMax Auto Owner Trust 3.36 09/15/2023 256,246

Caterpillar Financial Services Corp. 1.95 11/18/2022 138,139



Cenovus Energy, Inc. 4.25 04/15/2027 226,255

CenterPoint Energy, Inc. 2.95 03/01/2030 337,696

Charter Communications Operating LLC/Charter Communications Operating Capital 4.80 03/01/2050 102,732



Chase Mtg. Finance Corp. 3.75 12/25/2045 225,418

Cheniere Corpus Christi Holdings LLC 3.70 11/15/2029 134,772

Chevron Corp. 2.90 03/03/2024 572,357

Chevron Phillips Chemical Co. LLC/Chevron Phillips Chemical Co. LP 3.30 05/01/2023 166,925

Cigna Corp. 4.80 08/15/2038 226,994

Cimarex Energy Co. 4.38 03/15/2029 570,313

Citigroup, Inc. 3.67 07/24/2028 333,218

Citigroup, Inc. 4.45 09/29/2027 229,007

Citigroup, Inc. 4.75 05/18/2046 290,407

Citigroup, Inc. 5.88 02/22/2033 196,768

Citigroup, Inc. 6.00 10/31/2033 138,857

Citizens Financial Group, Inc. 4.15 09/28/2022 357,426

Citizens Financial Group, Inc. 4.30 12/03/2025 135,216

CNH Industrial Capital LLC 4.20 01/15/2024 287,678

CNH Industrial NV 3.85 11/15/2027 82,601

Columbia Property Trust Operating Partnership LP 4.15 04/01/2025 294,036

Comcast Corp. 2.35 01/15/2027 306,590

Comcast Corp. 2.65 02/01/2030 105,184

Comcast Corp. 3.90 03/01/2038 73,024

Comcast Corp. 4.60 10/15/2038 289,901

COMM Mtg. Trust 3.96 02/10/2036 135,323

Conagra Brands, Inc. 5.40 11/01/2048 141,852

Conagra Brands, Inc. 7.00 10/01/2028 248,549

Consolidated Edison Co. of New York, Inc. 4.45 06/15/2020 225,364

Corning, Inc. 5.45 11/15/2079 436,170

Credit Suisse AG 2.10 11/12/2021 351,323

CSAIL Commercial Mtg. Trust 2.99 06/15/2050 1,802,370

CVS Health Corp. 4.78 03/25/2038 731,340

Daimler Finance North America LLC 2.00 07/06/2021 257,257

Danske Bank A/S 3.24 12/20/2025 206,990

Danske Bank A/S 3.88 09/12/2023 251,391

Darden Restaurants, Inc. 4.55 02/15/2048 347,900

DBS Group Holdings, Ltd. 2.85 04/16/2022 235,250

Dell International LLC/EMC Corp. 8.10 07/15/2036 230,898

Deutsche Bank AG 4.25 02/04/2021 185,421

Deutsche Telekom AG 3.63 01/21/2050 309,981

DH Europe Finance II SARL 3.25 11/15/2039 221,931

Discover Card Execution Note Trust 3.04 07/15/2024 133,847

Discovery Communications LLC 5.30 05/15/2049 216,234

Dominion Energy South Carolina, Inc. 5.10 06/01/2065 321,272

Dominion Resources, Inc. 5.25 08/01/2033 296,292

Dominion Resources, Inc. 5.75 10/01/2054 117,562

Domtar Corp. 6.75 02/15/2044 431,670

DTE Electric Co. 3.95 03/01/2049 406,776

Duke Energy Progress LLC 2.80 05/15/2022 149,325

Duke Realty LP 2.88 11/15/2029 61,675

Ecolab, Inc. 2.38 08/10/2022 225,412

Electricite de France SA 5.00 09/21/2048 501,587

Emera US Finance LP 4.75 06/15/2046 227,480

Enable Midstream Partners LP 4.15 09/15/2029 123,775


Enel Finance International NV 4.75 05/25/2047 299,139

Energy Transfer Operating LP 4.90 03/15/2035 259,818

of 142

Energy Transfer Operating LP 5.50 06/01/2027 171,111

Energy Transfer Partners LP 6.13 12/15/2045 124,844

Engie Energia Chile SA 3.40 01/28/2030 211,299

EnLink Midstream Partners LP 4.85 07/15/2026 121,695


Enstar Group, Ltd. 4.95 06/01/2029 399,580

Entergy Louisiana LLC 179,770

Entergy Texas, Inc. 4.50 03/30/2039 482,083

Enterprise Products Operating LLC 3.70 01/31/2051 178,487


Federal Home Loan Bank 5.50 07/15/2036 366,426

Federal Home Loan Mtg. Corp. 2.50 01/01/2028 165,930











Federal Home Loan Mtg. Corp. 3.00 08/01/2046 2,194,132























Federal Home Loan Mtg. Corp. 5.00 10/01/2033 359









Federal Home Loan Mtg. Corp. REMIC 3.00 09/15/2045 654,181



Federal Home Loan Mtg. Corp. Structured Agency Credit Risk 2.86 08/25/2029 88,082






Federal National Mtg. Assoc. 2.50 04/01/2028 236,009





Federal National Mtg. Assoc. 3.00 03/01/2030 1,361,234










of 142







































































Federal National Mtg. Assoc. 6.00 12/01/2020 33





Federal National Mtg. Assoc. REMIC 3.00 12/25/2047 255,910


Federal National Mtg. Assoc. REMIC 3.00 05/25/2048 1,216,089

of 142

First Niagara Financial Group, Inc. 7.25 12/15/2021 334,089

FirstEnergy Corp. 7.38 11/15/2031 644,037

Fiserv, Inc. 4.40 07/01/2049 241,516

Ford Credit Auto Owner Trust 1.73 03/15/2022 124,910

Ford Motor Credit Co. LLC 3.10 05/04/2023 323,286

Ford Motor Credit Co. LLC 4.39 01/08/2026 206,086

Fox Corp. 5.48 01/25/2039 173,338

GATX Corp. 4.35 02/15/2024 303,504

GE Capital International Funding Co. ULC 3.37 11/15/2025 716,049

General Dynamics Corp. 2.88 05/11/2020 238,738

General Motors Financial Co., Inc. 3.70 05/09/2023 255,627

Georgia Power Co. 2.00 09/08/2020 135,263

Georgia-Pacific LLC 3.73 07/15/2023 296,650

Georgia-Pacific LLC 5.40 11/01/2020 222,705

GlaxoSmithKline Capital PLC 3.13 05/14/2021 241,511

GlaxoSmithKline Capital, Inc. 3.38 05/15/2023 173,682

GM Financial Consumer Automobile Receivables Trust 2.13 03/16/2023 201,337

GM Financial Consumer Automobile Receivables Trust 2.18 04/16/2024 75,908

Goldman Sachs Group, Inc. 2.35 11/15/2021 379,734



Government National Mtg. Assoc. 3.00 02/20/2045 437,419



Government National Mtg. Assoc. 3.00 11/20/2045 1,153,754









Government National Mtg. Assoc. REMIC 1.00 10/16/2043 202,055

GS Mtg. Securities Trust 2.90 02/10/2048 46,358

Hanwha Energy USA Holdings Corp. 2.38 07/30/2022 360,653

HCA, Inc. 5.25 06/15/2026 163,415

HCA, Inc. 5.25 06/15/2049 120,827

Hewlett Packard Enterprise Co. 6.20 10/15/2035 222,542

Home Depot, Inc. 3.13 12/15/2049 316,274

Honda Auto Receivables Owner Trust 2.83 03/20/2023 23,425

HSBC Holdings PLC 3.40 03/08/2021 346,056

Humana, Inc. 3.95 08/15/2049 127,923

Huntsman International LLC 4.50 05/01/2029 262,561

Hyundai Capital America 3.40 06/20/2024 334,653

Hyundai Capital America 3.50 11/02/2026 221,284

IBM Credit LLC 3.00 02/06/2023 651,463

Illinois Tool Works, Inc. 3.50 03/01/2024 175,701

ILPT Trust 4.15 02/11/2041 472,014

ING Groep NV 4.63 01/06/2026 248,796

International Bank for Reconstruction & Development 3.13 11/20/2025 250,577

International Business Machines Corp. 2.50 01/27/2022 184,020

Interpublic Group of Cos., Inc. 4.20 04/15/2024 95,641

Interstate Power & Light Co. 3.50 09/30/2049 142,342

Jabil, Inc. 3.60 01/15/2030 147,912

Jackson Park Trust 2.77 10/14/2039 206,730

JB Hunt Transport Services, Inc. 3.88 03/01/2026 134,717

John Deere Capital Corp. 2.35 01/08/2021 155,990




JP Morgan Mtg. Trust 3.00 12/25/2048 645,076

JPMorgan Chase & Co. 3.21 04/01/2023 574,400




Kansas City Southern 2.88 11/15/2029 147,277

Kansas City Southern 4.70 05/01/2048 116,976

Keurig Dr Pepper, Inc. 4.42 05/25/2025 313,180

Kirby Corp. 4.20 03/01/2028 175,304

Kohl's Corp. 5.55 07/17/2045 247,224

Kommunalbanken AS 1.75 09/15/2020 394,503

Kraft Heinz Foods Co. 3.95 07/15/2025 162,117

Kraft Heinz Foods Co. 4.88 02/15/2025 136,490

Kreditanstalt fuer Wiederaufbau 1.63 03/15/2021 387,643

Kroger Co. 3.88 10/15/2046 136,905

L3Harris Technologies, Inc. 2.90 12/15/2029 128,232

Laboratory Corp. of America Holdings 2.95 12/01/2029 40,838

of 142



Lear Corp. 5.25 05/15/2049 206,842

Lehman Brothers Holdings Capital Trust VII 8

Lehman Brothers Holdings, Inc. 5.50 04/04/2016 1,113



Lowe's Cos., Inc. 4.05 05/03/2047 153,794

Lubrizol Corp. 6.50 10/01/2034 201,984

LYB International Finance III LLC 4.20 10/15/2049 261,341

Manulife Financial Corp. 4.06 02/24/2032 222,269

Marathon Oil Corp. 6.60 10/01/2037 131,915

Marathon Oil Corp. 6.80 03/15/2032 180,480

Marsh & McLennan Cos., Inc. 3.50 12/29/2020 117,843

Martin Marietta Materials, Inc. 3.50 12/15/2027 201,849

MassMutual Global Funding II 2.75 06/22/2024 208,468

Mastercard, Inc. 2.00 03/03/2025 253,679

McDonald's Corp. 4.45 03/01/2047 226,604

Mercedes-Benz Auto Lease Trust 3.25 10/15/2024 31,625

Mississippi Power Co. 4.25 03/15/2042 242,837

Mitsubishi UFJ Financial Group, Inc. 3.41 03/07/2024 369,209

Mizuho Financial Group, Inc. 2.56 09/13/2025 544,347

Morgan Stanley 3.63 01/20/2027 598,890

Morgan Stanley 5.50 07/24/2020 222,859

Morgan Stanley Bank of America Merrill Lynch Trust 2.98 07/15/2050 161,968

Morgan Stanley Capital Barclays Bank Trust 2.20 09/13/2031 34,043

MPLX LP 5.50 02/15/2049 207,013

MSDB Trust 3.43 07/11/2039 842,417

MTRO Commercial Mtg. Trust 2.58 12/15/2033 250,000

Mylan, Inc. 4.55 04/15/2028 194,301

National Australia Bank, Ltd. 3.93 08/02/2034 212,651

National Bank of Canada 2.15 10/07/2022 389,952

National Rural Utilities Cooperative Finance Corp. 2.85 01/27/2025 611,233

National Rural Utilities Cooperative Finance Corp. 4.75 04/30/2043 158,901

NatWest Markets PLC 3.63 09/29/2022 327,971

Nestle Holdings, Inc. 3.50 09/24/2025 323,102

New York Community Bancorp, Inc. 5.90 11/06/2028 474,241

New York Life Global Funding 1.95 09/28/2020 380,740

NiSource, Inc. 2.95 09/01/2029 221,173

NiSource, Inc. 5.65 02/01/2045 170,006

Nissan Auto Receivables Owner Trust 1.18 01/15/2021 6,796

Nissan Motor Acceptance Corp. 2.65 07/13/2022 117,130

Noble Energy, Inc. 4.20 10/15/2049 177,848

Noble Energy, Inc. 4.95 08/15/2047 215,796

Nomura Holdings, Inc. 3.10 01/16/2030 204,537

Norfolk Southern Corp. 4.10 05/15/2049 223,208

NXP BV/NXP Funding LLC/NXP USA, Inc. 4.30 06/18/2029 245,617

Occidental Petroleum Corp. 6.45 09/15/2036 393,166

One Bryant Park Trust 2.52 09/15/2054 275,613

Oracle Corp. 2.95 11/15/2024 514,725

Owens Corning 4.30 07/15/2047 346,338

PACCAR Financial Corp. 2.00 09/26/2022 133,276

PECO Energy Co. 3.00 09/15/2049 149,071

Penske Truck Leasing Co. LP/PTL Finance Corp. 3.35 11/01/2029 39,310



PepsiCo, Inc. 2.88 10/15/2049 177,994

Petro-Canada 5.95 05/15/2035 135,460

Petroleos Mexicanos 7.69 01/23/2050 174,677

Prudential Financial, Inc. 3.70 03/13/2051 53,801



Public Service Co. of Colorado 3.70 06/15/2028 239,840

Public Service Co. of Colorado 4.10 06/15/2048 186,575

QUALCOMM, Inc. 4.30 05/20/2047 99,955

QVC, Inc. 4.75 02/15/2027 200,836

QVC, Inc. 4.85 04/01/2024 429,984

Regions Financial Corp. 7.38 12/10/2037 428,822



Roche Holdings, Inc. 1.75 01/28/2022 204,565

Rockies Express Pipeline LLC 3.60 05/15/2025 206,453

Royal Bank of Scotland Group PLC 3.75 11/01/2029 415,537

Sabra Health Care LP/Sabra Capital Corp. 3.90 10/15/2029 193,640

Sabra Health Care LP/Sabra Capital Corp. 4.80 06/01/2024 134,078

Schlumberger Holdings Corp. 4.00 12/21/2025 200,910

Shinhan Bank Co., Ltd. 4.00 04/23/2029 217,298

Shire Acquisitions Investments Ireland DAC 3.20 09/23/2026 407,211

of 142

Siemens Financieringsmaatschappij NV 3.25 05/27/2025 545,068

SK Telecom Co., Ltd. 3.75 04/16/2023 209,295

Smithfield Foods, Inc. 2.65 10/03/2021 83,830



Stanley Black & Decker, Inc. 3.40 03/01/2026 166,359


Steel Dynamics, Inc. 3.45 04/15/2030 104,114

SunTrust Bank 3.20 04/01/2024 433,543

SunTrust Bank 3.50 08/02/2022 176,368

Synchrony Financial 2.85 07/25/2022 80,533

Synchrony Financial 4.50 07/23/2025 631,545

Teck Resources, Ltd. 6.13 10/01/2035 247,621

Telecom Italia Capital SA 7.72 06/04/2038 203,951

Telefonica Emisiones SAU 4.67 03/06/2038 413,189

Time Warner Cable LLC 6.55 05/01/2037 281,822

Toll Brothers Finance Corp. 4.35 02/15/2028 144,193

Total Capital International SA 3.46 07/12/2049 221,783

Toyota Auto Loan Extended Note Trust 2.56 11/25/2031 103,589

Toyota Auto Receivables Owner Trust 3.13 02/15/2024 232,466

Toyota Motor Credit Corp. 3.45 09/20/2023 259,081

Trimble, Inc. 4.75 12/01/2024 24,188

Trimble, Inc. 4.90 06/15/2028 366,655

UBS Group Funding Switzerland AG 3.49 05/23/2023 206,899

UniCredit SpA 6.57 01/14/2022 405,657

UniCredit SpA 7.30 04/02/2034 236,309

United Mexican States 4.50 04/22/2029 255,246


United States Treasury Bills 2.39 04/23/2020 191,349

United States Treasury Bonds 2.25 08/15/2049 1,754,908
















United States Treasury Notes 1.63 11/30/2026 1,620,500



















UnitedHealth Group, Inc. 2.38 10/15/2022 743,214



Unum Group 4.50 12/15/2049 195,917

USAA Capital Corp. 2.63 06/01/2021 268,621

Verizon Communications, Inc. 4.27 01/15/2036 113,651



Verizon Owner Trust 3.20 09/20/2022 101,687

Viacom, Inc. 4.38 03/15/2043 439,964

ViacomCBS, Inc. 3.70 06/01/2028 270,611

Vodafone Group PLC 4.88 06/19/2049 117,229

Vodafone Group PLC 5.25 05/30/2048 156,247

Volkswagen Group of America Finance LLC 2.50 09/24/2021 201,895

of 142

Voya Financial, Inc. 4.70 01/23/2048 148,920

Walmart, Inc. 2.55 04/11/2023 294,349

Walmart, Inc. 3.05 07/08/2026 265,362

Washington Gas Light Co. 3.65 09/15/2049 207,524

Waste Connections, Inc. 2.60 02/01/2030 194,352

WEA Finance LLC 2.88 01/15/2027 137,071

Wells Fargo & Co. 4.30 07/22/2027 943,061

Wells Fargo Bank NA 2.08 09/09/2022 583,470

Wells Fargo Capital X 5.95 12/01/2086 92,757

Willis North America, Inc. 3.88 09/15/2049 140,348

Willis North America, Inc. 5.05 09/15/2048 155,367

World Financial Network Credit Card Master Trust 2.71 07/15/2026 100,701

Zions Bancorp NA 3.25 10/29/2029 401,916

VALIC Company I - Core Equity Fund - (unaudited)

January 31, 2020


AES Corp. 4,289,502


Ally Financial, Inc. 3,599,179



Altria Group, Inc. 5,346,222



Apple, Inc. 14,190,724

Assured Guaranty, Ltd. 1,994,865

BAE Systems PLC 4,004,833


Biogen, Inc. 3,155,224

BP PLC ADR 3,604,871

CDK Global, Inc. 2,642,344

CDW Corp. 2,198,996


Cisco Systems, Inc. 5,953,345

Cognizant Technology Solutions Corp., Class A 4,605,587

Comcast Corp., Class A 6,667,327

ConocoPhillips 2,955,157

Corteva, Inc. 4,804,190

D.R. Horton, Inc. 5,276,200

Delta Air Lines, Inc. 3,347,020

DISH Network Corp., Class A 2,658,226



E*TRADE Financial Corp. 2,461,774

Fixed Income Clearing Corp. Repurchase Agreement 0.25 02/03/2020 1,252,000

Fortive Corp. 3,729,866

Fox Corp., Class A 2,655,150

General Motors Co. 2,334,863

Hubbell, Inc. 3,531,336

Humana, Inc. 3,760,844


KAR Auction Services, Inc. 685,925

Koninklijke Philips NV 2,549,122

Laboratory Corp. of America Holdings 5,590,875

Lowe's Cos., Inc. 5,075,852

Marathon Oil Corp. 2,078,015


Molson Coors Brewing Co., Class B 2,458,303


Novartis AG ADR 2,248,582

Novo Nordisk A/S ADR 3,247,349

O'Reilly Automotive, Inc. 4,294,101

Packaging Corp. of America 1,929,075

Pfizer, Inc. 4,956,607

Quanta Services, Inc. 3,936,533

Raymond James Financial, Inc. 1,281,300

Regions Financial Corp. 1,461,494

Sony Corp. ADR 3,259,931

Taiwan Semiconductor Manufacturing Co., Ltd. ADR 4,157,048

Truist Financial Corp. 1,678,552

Unilever NV 3,652,641


US Bancorp 3,920,930

Verizon Communications, Inc. 6,904,313

Walmart, Inc. 6,025,036

of 142

VALIC Company I - Dividend Value Fund - (unaudited)

January 31, 2020


3M Co. 12,371,672

AbbVie, Inc. 12,628,425

Alcon, Inc. 5,440,698


Anthem, Inc. 13,231,901

Arthur J. Gallagher & Co. 8,323,966

AstraZeneca PLC 10,856,512


Baker Hughes a GE Co., LLC 4,023,237


Bayer AG 8,561,454

BCE, Inc. 734,789

Berkshire Hathaway, Inc., Class B 7,374,770

BP PLC 14,691,457

Bristol-Myers Squibb Co. 22,653,817

Cardinal Health, Inc. 14,469,129

Caterpillar, Inc. 13,737,765




Citigroup, Inc. 23,758,890



Conagra Brands, Inc. 4,207,736


Constellation Brands, Inc., Class A 6,424,796

Constellation Software, Inc. 3,034,579


CRH PLC 2,248,455

CVS Health Corp. 9,495,614


DuPont de Nemours, Inc. 3,213,490

Enterprise Products Partners LP 9,089,131

Equinor ASA 2,440,532

Equitable Holdings, Inc. 6,231,797


FedEx Corp. 6,303,990

Ferguson PLC 4,999,032

FirstEnergy Corp. 11,724,872


Foot Locker, Inc. 12,363,070



Gap, Inc. 13,517,194

General Electric Co. 8,401,683


Gilead Sciences, Inc. 12,468,791

H&R Block, Inc. 11,888,283

Hanesbrands, Inc. 12,485,342

Hartford Financial Services Group, Inc. 4,902,634

Henkel AG & Co. KGaA (Preference Shares) 3,589,648

HP, Inc. 14,496,875


International Business Machines Corp. 13,173,717

Interpublic Group of Cos., Inc. 14,107,460

Johnson & Johnson 19,898,857


Kellogg Co. 4,765,287


Kraft Heinz Co. 13,915,581

Lockheed Martin Corp. 5,200,802


LyondellBasell Industries NV, Class A 12,841,061

Macy's, Inc. 13,469,281


Marathon Petroleum Corp. 10,463,237

McKesson Corp. 2,151,414

Medtronic PLC 18,577,528

MetLife, Inc. 17,170,381



Motorola Solutions, Inc. 7,352,580

of 142

Nestle SA 8,684,254

NetApp, Inc. 13,614,490

Newell Brands, Inc. 6,373,362

NextEra Energy, Inc. 5,009,708


NXP Semiconductors NV 3,430,294

Omnicom Group, Inc. 12,246,611

Oracle Corp. 3,054,216

Pentair PLC 4,058,130

PepsiCo, Inc. 3,138,784

Pfizer, Inc. 19,179,643

Philip Morris International, Inc. 14,146,249

Progressive Corp. 2,005,147

Prudential Financial, Inc. 4,759,888

Public Service Enterprise Group, Inc. 2,140,258

Quest Diagnostics, Inc. 2,591,227



Samsung Electronics Co., Ltd. GDR 9,283,451

Sanofi 7,520,696

Siemens AG 8,205,311

Six Flags Entertainment Corp. 11,968,435

Sony Corp. 10,170,721


Steel Dynamics, Inc. 13,846,751

Tapestry, Inc. 14,956,908

TOTAL SA ADR 3,709,361

Travelers Cos., Inc. 4,690,805





Wells Fargo & Co. 22,423,660

Williams Cos., Inc. 9,873,868


VALIC Company I - Dynamic Allocation Fund - (unaudited)

January 31, 2020


AB Government Money Market Portfolio, Class AB 6,452,190

Over the Counter Put Options - Purchased 2,470,318














VALIC Co. I Blue Chip Growth Fund 6,438,631

VALIC Co. I Capital Conservation Fund 13,359,910

VALIC Co. I Dividend Value Fund 7,241,872

VALIC Co. I Emerging Economies Fund 1,299,263

VALIC Co. I Global Real Estate Fund 1,594,077

VALIC Co. I Government Securities Fund 9,363,466

VALIC Co. I Growth & Income Fund 3,528,311

VALIC Co. I Growth Fund 7,336,771

VALIC Co. I Inflation Protected Fund 3,023,745

VALIC Co. I International Equities Index Fund 5,422,091

VALIC Co. I International Government Bond Fund 749,979

VALIC Co. I International Growth Fund 5,669,639

VALIC Co. I International Value Fund 4,987,521

VALIC Co. I Large Cap Core Fund 7,147,724

VALIC Co. I Large Capital Growth Fund 6,397,810

VALIC Co. I Mid Cap Index Fund 4,345,459

VALIC Co. I Small Cap Aggressive Growth Fund 812,666

VALIC Co. I Small Cap Index Fund 1,596,249

VALIC Co. I Small Cap Special Values Fund 1,599,269

VALIC Co. I Stock Index Fund 24,144,870

VALIC Co. I Systematic Value Fund 7,284,023

VALIC Co. I Value Fund 7,989,252

of 142

VALIC Co. II Capital Appreciation Fund 5,933,083

VALIC Co. II Core Bond Fund 10,582,135

VALIC Co. II High Yield Bond Fund 1,545,328

VALIC Co. II International Opportunities Fund 111,119

VALIC Co. II Large Cap Value Fund 3,146,772

VALIC Co. II Mid Cap Growth Fund 2,392,419

VALIC Co. II Mid Cap Value Fund 2,385,906

VALIC Co. II Small Cap Growth Fund 463,682

VALIC Co. II Small Cap Value Fund 423,094

VALIC Co. II Strategic Bond Fund 2,655,057

VALIC Co. II U.S. Socially Responsible Fund 812,569

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-Mini Index Long March 2020 (5,996,425)

Over the Counter Purchased Put Options

Description Strike Price ($) Expiration Month

Unrealized

Appreciation

(Depreciation) ($)

Put - S&P 500 Index 2,800 June 2020 (261,043)

Put - S&P 500 Index 2,875 September 2020 107,400

Put - S&P 500 Index 2,900 June 2020 9,737

Put - S&P 500 Index 2,975 July 2020 216,971

VALIC Company I - Emerging Economies Fund - (unaudited)

January 31, 2020


Absa Group, Ltd. 3,205,761


Alrosa PJSC 4,685,173

AngloGold Ashanti, Ltd. 2,300,983

Anhui Conch Cement Co., Ltd. 8,118,829

Anhui Expressway Co., Ltd., Class A 585,699

ANTA Sports Products, Ltd. 6,712,120

Banco do Brasil SA 9,226,941

Banco do Estado do Rio Grande do Sul SA, Class B (Preference Shares) 1,642,815

Banco Macro SA ADR 1,147,794

Banco Santander Chile ADR 1,906,986

Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand 2,455,831

Bank Rakyat Indonesia Persero Tbk PT 7,939,544

Baoshan Iron & Steel Co., Ltd., Class A 2,269,515

Beijing Enterprises Holdings, Ltd. 2,183,897

Capitec Bank Holdings, Ltd. 2,513,202

Catcher Technology Co., Ltd. 3,094,663

CD Projekt SA 1,921,018

Chailease Holding Co., Ltd. 2,384,648

Cheil Worldwide, Inc. 1,791,928

China Construction Bank Corp. 16,756,326

China Lesso Group Holdings, Ltd. 2,053,970

China Life Insurance Co., Ltd. 2,606,983

China Merchants Bank Co., Ltd. 11,126,312

China Petroleum & Chemical Corp. 7,067,321

China Resources Cement Holdings, Ltd. 3,925,099

China Vanke Co., Ltd. 8,209,723

China Yangtze Power Co., Ltd. 2,284,630

Chipbond Technology Corp. 1,618,399

Cia de Saneamento Basico do Estado de Sao Paulo 5,069,099

Cia Paranaense de Energia, Class B (Preference Shares) 2,956,807

Country Garden Holdings Co., Ltd. 7,860,423

Cyrela Brazil Realty SA Empreendimentos e Participacoes 2,702,911

Daelim Industrial Co., Ltd. 2,346,874

Daqin Railway Co., Ltd., Class A 2,314,206

Delta Electronics, Inc. 2,833,911

Dongfeng Motor Group Co., Ltd. 1,633,071

Doosan Bobcat, Inc. 1,876,511

E.Sun Financial Holding Co., Ltd. 3,070,250

Elite Material Co., Ltd. 2,725,783

E-Mart Co., Ltd. 2,000,965

Eregli Demir ve Celik Fabrikalari TAS 6,310,271

Exxaro Resources, Ltd. 2,069,050

F&F Co., Ltd. 1,486,099

of 142

Fibra Uno Administracion SA de CV 2,440,940

FLEXium Interconnect, Inc. 2,451,653

Ford Otomotiv Sanayi AS 1,620,821

Fubon Financial Holding Co., Ltd. 7,987,286

Geely Automobile Holdings, Ltd. 4,441,342

Globalwafers Co., Ltd. 4,660,595

Graphite India, Ltd. 659,778

Greendland Holdings Corp., Ltd., Class A 3,840,654

Grupo Aeroportuario del Centro Norte SAB de CV 3,105,001

Grupo Financiero Banorte SAB de CV, Class O 10,858,221

GS Engineering & Construction Corp. 1,534,616

GS Holdings Corp. 1,815,680

Hana Financial Group, Inc. 8,652,139

Hangzhou Robam Appliances Co., Ltd. 4,146,743

HDFC Bank, Ltd. ADR 5,598,089

HEG, Ltd. 355,842

HLA Corp., Ltd., Class A 2,249,148

Housing Development Finance Corp., Ltd. 16,523,835

Hyundai Glovis Co., Ltd. 3,703,339

Hyundai Marine & Fire Insurance Co., Ltd. 1,838,749

Hyundai Mobis Co., Ltd. 8,782,948

Industrial & Commercial Bank of China, Ltd. 13,359,833

Industrial Bank Co., Ltd., Class A 2,161,804

Industrial Bank of Korea 3,654,319

Infosys, Ltd. ADR 8,979,506

Inter Rao UES PJSC 2,945,627

IRB Brasil Resseguros S/A 9,707,947

ITC, Ltd. 5,482,939

ITEQ Corp. 2,309,801

JD.com, Inc. ADR 8,476,632

KEPCO Plant Service & Engineering Co., Ltd. 2,375,309

Kia Motors Corp. 8,392,683

KOC Holding AS 2,185,186

Krung Thai Bank PCL 3,116,024

KT&G Corp. 8,222,213

Kunlun Energy Co., Ltd. 2,520,614

Lenovo Group, Ltd. 2,139,313

LG Household & Health Care, Ltd. 3,745,652

Lotte Chemical Corp. 2,289,566

Lukoil PJSC ADR 14,380,006

Magnit PJSC 2,086,413

Magnitogorsk Iron & Steel Works PJSC 1,423,554

Midea Group Co., Ltd. 3,893,213

MMC Norilsk Nickel PJSC ADR 6,130,432

Nanya Technology Corp. 4,224,751

NetEase, Inc. ADR 10,396,473

Nine Dragons Paper Holdings, Ltd. 2,189,947

Novatek Microelectronics Corp. 2,839,579

Oil & Natural Gas Corp., Ltd. 2,876,956

OPAP SA 2,460,119

OTP Bank PLC 10,564,254

Petrobras Distribuidora SA 3,741,424

Ping An Bank Co., Ltd., Class A 2,551,510

Ping An Insurance Group Co. of China, Ltd. 16,307,922

Polski Koncern Naftowy Orlen SA 4,355,837

Postal Savings Bank of China Co., Ltd. 5,665,128

Pou Chen Corp. 2,123,287

Powertech Technology, Inc. 2,605,966

Powszechna Kasa Oszczednosci Bank Polski SA 4,532,062

Qualicorp Consultoria e Corretora de Seguros SA 2,812,980

Radiant Opto-Electronics Corp. 2,392,594

RusHydro PJSC 1,398,233

Samsung Electronics Co., Ltd. 43,067,619

Samsung SDS Co., Ltd. 2,281,258

Sany Heavy Industry Co., Ltd., Class A 1,676,929

Sberbank of Russia PJSC ADR 14,605,231

SDIC Power Holdings Co., Ltd., Class A 3,766,993

Severstal PJSC GDR 3,563,183

Shin Zu Shing Co., Ltd. 2,816,028

Shinhan Financial Group Co., Ltd. 9,085,652

Silicon Motion Technology Corp. ADR 2,461,815

SK Hynix, Inc. 4,120,065

Smiles Fidelidade SA 1,655,136

SPAR Group, Ltd. 2,866,424

Surgutneftegas OJSC (Preference Shares) 3,253,202


Tatneft PJSC ADR 5,861,649

Tekfen Holding AS 1,475,932

of 142


Unimicron Technology Corp. 3,131,418

Vale SA ADR 10,384,733

Vipshop Holdings, Ltd. ADR 3,013,713

Weichai Power Co., Ltd. 3,941,633

Woori Financial Group, Inc. 3,923,186

X5 Retail Group NV GDR 4,257,411

Xiamen C & D, Inc., Class A 2,197,847

Yanzhou Coal Mining Co., Ltd. 1,674,929

Yapi Ve Kredi Bankasi AS 4,074,283

YDUQS Part 8,631,955

YiChang HEC ChangJiang Pharmaceutical Co., Ltd. 2,213,296

Yuanta Financial Holding Co., Ltd. 4,720,363

Yum China Holdings, Inc. 9,860,661

Zhen Ding Technology Holding, Ltd. 2,250,900

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

January 31, 2020


Activia Properties, Inc. 5,344,129

Aedas Homes SAU 1,361,320

Agree Realty Corp. 3,599,386

Alexandria Real Estate Equities, Inc. 3,337,603

Allied Properties Real Estate Investment Trust 2,885,760

Alstria Office REIT-AG 3,893,235

American Assets Trust, Inc. 1,242,285

American Homes 4 Rent, Class A 3,829,152

American Tower Corp. 16,178,233

Americold Realty Trust 3,169,172

Ascendas India Trust 4,992,331

Ascendas Real Estate Investment Trust 3,488,820

AvalonBay Communities, Inc. 10,865,487

BGP Holdings PLC 0

Big Yellow Group PLC 6,735,604

Boston Properties, Inc. 12,232,916

Camden Property Trust 2,585,890

Canadian Apartment Properties REIT 5,676,680

CapitaLand, Ltd. 3,891,373

CareTrust REIT, Inc. 1,109,089

Castellum AB 7,486,300

Centuria Industrial REIT 3,567,836

Chartwell Retirement Residences 5,633,915

CK Asset Holdings, Ltd. 11,705,979

Crown Castle International Corp. 17,922,512

CyrusOne, Inc. 1,821,606

Dalata Hotel Group PLC 1,304,967

Derwent London PLC 7,469,379

Dexus 1,855,466

Digital Realty Trust, Inc. 2,321,559

EastGroup Properties, Inc. 1,417,713

Elite Commercial REIT 1,932,007

Empire State Realty Trust, Inc., Class A 2,333,337

Entra ASA 4,364,537

EPR Properties 3,221,071

Equinix, Inc. 9,016,972


ESCON Japan Reit Investment Corp. 2,378,608

Essential Properties Realty Trust, Inc. 1,558,170

Essex Property Trust, Inc. 1,855,772

Extra Space Storage, Inc. 1,260,202

Federal Realty Investment Trust 2,556,784

Four Corners Property Trust, Inc. 911,668

Gaming and Leisure Properties, Inc. 2,779,681

Gecina SA 7,659,106

GLP J-REIT 2,927,161

Goodman Group 8,952,714

Healthpeak Properties, Inc. REIT 7,670,153

Hibernia REIT PLC 2,178,362

Hudson Pacific Properties, Inc. 5,833,188

Instone Real Estate Group AG 1,522,626

Invincible Investment Corp. 6,803,109

Invitation Homes, Inc. 5,257,221

Iron Mountain, Inc. 1,307,895

Japan Hotel REIT Investment Corp. 1,738,867

Japan Rental Housing Investments, Inc. 3,282,974

Klepierre SA 5,377,582

of 142

Kyoritsu Maintenance Co., Ltd. 2,186,267

Lamar Advertising Co., Class A 2,282,569

Link REIT 9,396,913

Macerich Co. 2,230,197

Medical Properties Trust, Inc. 2,451,318

Merlin Properties Socimi SA 6,370,440

Mid-America Apartment Communities, Inc. 3,505,578

Mirvac Group 6,722,715

Mitsubishi Estate Co., Ltd. 15,646,860

Mitsui Fudosan Co., Ltd. 7,066,401

Mitsui Fudosan Logistics Park, Inc. 3,846,981

Nippon Prologis REIT, Inc. 2,247,161

Omega Healthcare Investors, Inc. 3,151,116

Park Hotels & Resorts, Inc. 2,172,323

Pebblebrook Hotel Trust 3,219,065

PotlatchDeltic Corp. 607,676

Prologis, Inc. 10,848,941

PSP Swiss Property AG 6,970,801

Public Storage 3,989,417

QTS Realty Trust, Inc., Class A 2,663,577

Rayonier, Inc. 1,296,770

Realty Income Corp. 2,125,381

Regency Centers Corp. 2,228,043

Retail Opportunity Investments Corp. 1,519,751

Rexford Industrial Realty, Inc. 2,479,906

RLJ Lodging Trust 1,357,439

Sankei Real Estate, Inc. 5,622,452

SBA Communications Corp. 10,928,232

Scentre Group 1,266,161

Simon Property Group, Inc. 7,355,206

STAG Industrial, Inc. 3,050,388

State Street Institutional U.S. Government Money Market Fund, Administration Class 2,849,143

Sumitomo Realty & Development Co., Ltd. 11,929,126

Summit Industrial Income REIT 3,842,515

Sun Communities, Inc. 5,393,936

Sun Hung Kai Properties, Ltd. 11,248,497

Sunstone Hotel Investors, Inc. 1,266,428

Terreno Realty Corp. 2,085,123

Tritax Big Box REIT PLC 4,349,267

Tritax EuroBox PLC 800,997

Tritax EuroBox PLC 1,816,908

UDR, Inc. 5,846,888

Unibail-Rodamco-Westfield 982,923

Unibail-Rodamco-Westfield 2,024,764

UNITE Group PLC 8,500,557

Ventas, Inc. 8,040,341

VEREIT, Inc. 7,626,796

VICI Properties, Inc. 6,131,760

Vonovia SE 22,967,194

Vornado Realty Trust 3,482,390

Warehouses De Pauw CVA 2,216,593

Welltower, Inc. 3,134,028

Weyerhaeuser Co. 4,271,920

VALIC Company I - Global Strategy Fund - (unaudited)

January 31, 2020


AbbVie, Inc. 1,369,238

ABC-Mart, Inc. 32,178

Abu Dhabi Commercial Bank PJSC 69,303

Accenture PLC, Class A 1,764,806

Accton Technology Corp. 15,990

Adaro Energy Tbk PT 20,075

adidas AG 410,556

Admiral Group PLC 116,950

Advanced Info Service PCL 137,212

Advantech Co., Ltd. 28,603

Advantest Corp. 115,965

Aena SME SA 134,004

AGL Energy, Ltd. 102,059

Agricultural Bank of China, Ltd. 145,758

AIB Group PLC 26,149

Air Canada 30,147


Airports of Thailand PCL 140,688

Aldar Properties PJSC 36,275

of 142

Algonquin Power & Utilities Corp. 61,236

Alrosa PJSC 249,799



AMBEV SA 142,547

Amcor PLC 238,275

American Electric Power Co., Inc. 729,540


Amgen, Inc. 1,706,795

Anglo American PLC 408,385

AngloGold Ashanti, Ltd. 67,311

Anhui Conch Cement Co., Ltd. 111,479

ANTA Sports Products, Ltd. 95,024

Apple, Inc. 1,764,207

Applied Materials, Inc. 881,448

Aristocrat Leisure, Ltd. 75,567

Aroundtown SA 120,763

Asian Paints, Ltd. 44,329

Assicurazioni Generali SpA 221,509

Astellas Pharma, Inc. 545,717

ASX, Ltd. 85,860

AT&T, Inc. 1,700,424

Aurizon Holdings, Ltd. 77,465

Australia & New Zealand Banking Group, Ltd. 364,075

Auto Trader Group PLC 106,932

Azrieli Group, Ltd. 31,078

Bajaj Auto, Ltd. 49,668

Banco de Sabadell SA 71,663


Bank of China, Ltd. 430,728

Bank of Communications Co., Ltd. 75,851

Barratt Developments PLC 216,341

BCE, Inc. 122,515

Bendigo & Adelaide Bank, Ltd. 34,140

Berkeley Group Holdings PLC 154,184


Bharat Petroleum Corp., Ltd. 60,385

Bharti Infratel, Ltd. 18,430

BHP Group PLC 656,536

BHP Group, Ltd. 947,262

BIM Birlesik Magazalar AS 60,554

Biogen, Inc. 914,090


BNK Financial Group, Inc. 21,660

Boliden AB 98,247


Boral, Ltd. 21,575

BorgWarner, Inc. 75,438

Brambles, Ltd. 147,089

Bridgestone Corp. 332,163


Britannia Industries, Ltd. 26,964

British American Tobacco PLC 757,853

British Land Co. PLC 107,065

Broadcom, Inc. 1,281,672

Broadridge Financial Solutions, Inc. 190,640

BT Group PLC 312,411

Bumrungrad Hospital PCL 27,259

Burberry Group PLC 175,103

Burlington Stores, Inc. 195,723



Cadence Design Systems, Inc. 209,119

Campbell Soup Co. 130,653

Canadian Apartment Properties REIT 21,384

Canadian Imperial Bank of Commerce 497,440

Canadian National Railway Co. 981,211

Canon, Inc. 363,636

CapitaLand Mall Trust 67,385

Capitec Bank Holdings, Ltd. 54,373

Capri Holdings, Ltd. 74,900

Carnival Corp. 265,533

Catcher Technology Co., Ltd. 71,233


Centrica PLC 70,390

CGI, Inc. 191,420

Charoen Pokphand Indonesia Tbk PT 37,848


of 142

Chicony Electronics Co., Ltd. 25,420

China Cinda Asset Management Co. Ltd. 22,182

China CITIC Bank Corp., Ltd. 71,322

China Conch Venture Holdings, Ltd. 93,025

China Construction Bank Corp. 672,104

China Development Financial Holding Corp. 51,271

China Everbright Bank Co., Ltd. 12,826

China Medical System Holdings, Ltd. 22,658

China Minsheng Banking Corp., Ltd. 66,620

China Mobile, Ltd. 826,897

China Petroleum & Chemical Corp. 154,073

China Resources Cement Holdings, Ltd. 26,884

China Shenhua Energy Co., Ltd. 90,503

China Telecom Corp., Ltd. 58,246

Chongqing Rural Commercial Bank Co., Ltd. 9,599

Chunghwa Telecom Co., Ltd. 206,495


CI Financial Corp. 64,835

Cia Cervecerias Unidas SA 20,075

Cia de Saneamento Basico do Estado de Sao Paulo 69,794

Cie Generale des Etablissements Michelin SCA 279,838

Cielo SA 32,357

CIMIC Group, Ltd. 23,382


Citrix Systems, Inc. 181,830

Clicks Group, Ltd. 60,944

Clorox Co. 377,544

CNOOC, Ltd. 248,441

Coal India, Ltd. 50,250

Coca-Cola Amatil, Ltd. 44,163

Cochlear, Ltd. 122,045

Cognizant Technology Solutions Corp., Class A 454,212

Coles Group, Ltd. 88,072

Coloplast A/S, Class B 306,498

Colruyt SA 46,579

ComfortDelGro Corp., Ltd. 58,372

Commercial International Bank Egypt SAE 82,391

Commonwealth Bank of Australia 795,075

Compass Group PLC 604,790

Constellation Software, Inc. 315,336

Copart, Inc. 314,526

Cosan SA 39,081

Country Garden Services Holdings Co., Ltd. 29,108

Covestro AG 132,326

Covivio 74,753

Crown Resorts, Ltd. 38,019

CSL, Ltd. 1,028,075



Dabur India, Ltd. 47,720

Daelim Industrial Co., Ltd. 18,289

Daito Trust Construction Co., Ltd. 141,328

Daiwa House Industry Co., Ltd. 204,500

Dali Foods Group Co., Ltd. 18,888


DB Insurance Co., Ltd. 21,475


Deutsche Lufthansa AG 55,801

Dexus 103,709

DiGi.Com Bhd 62,814



Dominion Energy, Inc. 694,575

Dongfeng Motor Group Co., Ltd. 28,440

Dow, Inc. 350,132

Dubai Islamic Bank PJSC 41,457

easyJet PLC 32,188

Eclat Textile Co., Ltd. 25,619

Ecopetrol SA 67,113

Eicher Motors, Ltd. 50,245

Electricity Generating PCL 29,249

Eli Lilly & Co. 1,815,320

Elisa Oyj 150,579

Emirates Telecommunications Group Co. PJSC 126,023

Empire Co., Ltd., Class A 41,756

EMS-Chemie Holding AG 86,555

Enagas SA 82,097

Endesa SA 146,521

of 142

Enel Americas SA 57,267

Enel Chile SA 41,288

Enel SpA 804,883

Engie Brasil Energia SA 44,969

Equinor ASA 139,304

Equity LifeStyle Properties, Inc. 130,950

Eregli Demir ve Celik Fabrikalari TAS 48,090

Erie Indemnity Co., Class A 33,300


Evraz PLC 42,026

Expeditors International of Washington, Inc. 182,600


Exxaro Resources, Ltd. 40,975

F5 Networks, Inc. 122,120


FactSet Research Systems, Inc. 114,444

Far EasTone Telecommunications Co., Ltd. 54,254

Fastenal Co. 324,384

Federal Home Loan Bank 1.52 02/03/2020 15,565,000

Federative Republic of Brazil 10.00 01/01/2021 903,129

Federative Republic of Brazil 10.00 01/01/2023 2,940,238



Federative Republic of Brazil zero coupon 07/01/2021 2,370,296

Feng TAY Enterprise Co., Ltd. 29,954

Ferguson PLC 145,918

Ferrari NV 143,247

Fibra Uno Administracion SA de CV 84,299

First Capital Real Estate Investment Trust 40,936

Fisher & Paykel Healthcare Corp., Ltd. 148,830

Fixed Income Clearing Corp. Repurchase Agreement 0.25 02/03/2020 927,000

Flight Centre Travel Group, Ltd. 19,320

Ford Otomotiv Sanayi AS 17,674

Formosa Chemicals & Fibre Corp. 133,929

Formosa Petrochemical Corp. 53,332

Formosa Plastics Corp. 190,598


Fox Corp., Class A 129,780


Franco-Nevada Corp. 159,137

Fuyao Glass Industry Group Co., Ltd. 13,662

GAIL India, Ltd. 29,247

Galaxy Entertainment Group, Ltd. 137,041

Gap, Inc. 76,604

Garmin, Ltd. 203,595

Geberit AG 229,444



Gildan Activewear, Inc. 91,439


GlaxoSmithKline PLC 1,825,718

Globalwafers Co., Ltd. 25,964

Globe Telecom, Inc. 19,649

Goodman Group 153,396

Government of Japan -0.31 03/10/2020 692,247




Government of Japan -0.22 02/25/2020 4,113,613

Government of Japan -0.21 02/03/2020 2,417,075


Government of Japan (0.14)-(0.16) 04/06/2020 2,814,499

Government of Japan (0.18)-(0.19) 02/10/2020 5,935,283

Government of Japan (0.26)-(0.30) 04/10/2020 718,637

GPT Group 94,361

Great-West Lifeco, Inc. 69,958

Grupo Aeroportuario del Pacifico SAB de CV, Class B 70,579

Guangdong Investment, Ltd. 72,806

Guangzhou Automobile Group Co., Ltd. 38,153

Gudang Garam Tbk PT 27,177

H&R Real Estate Investment Trust 40,407

Haci Omer Sabanci Holding AS 19,640

Hana Financial Group, Inc. 119,030


Hanjaya Mandala Sampoerna Tbk PT 29,236

Hankook Tire & Technology Co., Ltd. 21,291

Hapvida Participacoes e Investimentos SA 25,248

Hargreaves Lansdown PLC 111,904

of 142

Hartalega Holdings Bhd 30,001

Harvey Norman Holdings, Ltd. 25,567

HCL Technologies, Ltd. 115,350

HDFC Asset Management Co., Ltd. 15,218

HDFC Life Insurance Co., Ltd. 26,127

Healthpeak Properties, Inc. REIT 183,549

Hennes & Mauritz AB, Class B 303,034

Hermes International 380,025

Hero MotoCorp, Ltd. 36,859

Hershey Co. 434,476

Hindustan Petroleum Corp., Ltd. 29,489

Hindustan Unilever, Ltd. 277,255

HKT Trust & HKT, Ltd. 76,108


Home Depot, Inc. 1,687,940

Home Product Center PCL 35,949

Hormel Foods Corp. 222,122

Hoya Corp. 624,808

Hydro One, Ltd. 73,175

Hypera SA 44,020

Hyundai Marine & Fire Insurance Co., Ltd. 14,824

Iberdrola SA 747,604

ICA Gruppen AB 28,283

ICICI Lombard General Insurance Co., Ltd. 21,508


IGM Financial, Inc. 26,026

Iida Group Holdings Co., Ltd. 33,706


Imperial Brands PLC 480,082

Indian Oil Corp., Ltd. 47,762

Indofood CBP Sukses Makmur Tbk PT 26,803

Industria de Diseno Textil SA 612,907

Industrial & Commercial Bank of China, Ltd. 391,292

Industrial Bank of Korea 35,153

Infosys, Ltd. 512,105

Ingredion, Inc. 79,200

Intel Corp. 1,719,717

Inter Pipeline, Ltd. 93,305

Inter RAO UES PJSC 176,977


Intertek Group PLC 175,437

Intesa Sanpaolo SpA 508,802

Intouch Holdings PCL 59,281

Intuit, Inc. 1,233,672

Invesco, Ltd. 48,440

IRB Brasil Resseguros S/A 94,211

Israel Chemicals, Ltd. 35,206

Itau Unibanco Holding SA 400,038

Itausa - Investimentos Itau SA 250,438

ITC, Ltd. 151,812

ITOCHU Corp. 541,310

ITV PLC 129,639

Jack Henry & Associates, Inc. 149,540

Japan Airlines Co., Ltd. 59,368

Japan Post Bank Co., Ltd. 49,638

Japan Tobacco, Inc. 408,398

Jardine Matheson Holdings, Ltd. 172,676


JB Hunt Transport Services, Inc. 129,516

Jeronimo Martins SGPS SA 60,915

Jiangsu Expressway Co., Ltd. 9,899


JUMBO SA 29,622

Kakaku.com, Inc. 70,832

Kangwon Land, Inc. 32,978

Kao Corp. 519,385

KB Financial Group, Inc. 201,195

KDDI Corp. 1,001,159

Kellogg Co. 211,451

Kerry Properties, Ltd. 27,797

Keyera Corp. 41,747

Kia Motors Corp. 77,958


Kimberly-Clark de Mexico SAB de CV, Class A 50,271

Kimco Realty Corp. 99,060

Kingboard Holdings, Ltd. 15,846

Kingboard Laminates Holdings, Ltd. 13,269

Kingdom of Norway 1.18 03/18/2020 39,731

of 142



Kingdom of Norway 2.00 05/24/2023 1,482,110



Kingdom of Norway 1.18-1.19 09/16/2020 148,187



Kingfisher PLC 81,867

Kirkland Lake Gold, Ltd. 135,326

KLA Corp. 430,924

Kohl's Corp. 119,700

Koninklijke Ahold Delhaize NV 434,328

Korea Zinc Co., Ltd. 31,053

Kroger Co. 306,204

KT&G Corp. 124,964

Kumba Iron Ore, Ltd. 33,395


Lamb Weston Holdings, Inc. 100,441

Land & Houses PCL 24,026

Land Securities Group PLC 121,334

Largan Precision Co., Ltd. 155,706


Lear Corp. 123,180

Lee & Man Paper Manufacturing, Ltd. 12,431

Leggett & Platt, Inc. 90,421

LG Corp. 64,792

LG Household & Health Care, Ltd. 13,978

Lite-On Technology Corp. 51,034

Localiza Rent a Car SA 52,596


Lojas Renner SA 115,367

Longfor Group Holdings, Ltd. 84,282

Lotte Chemical Corp. 37,202


Lululemon Athletica, Inc. 406,963


M&G PLC 68,606

Magellan Financial Group, Ltd. 44,671

Magna International, Inc. 299,102

Magnitogorsk Iron & Steel Works PJSC 87,941

Manila Electric Co. 19,234

Mapletree Commercial Trust 26,264

Marico, Ltd. 24,416



Marubeni Corp. 155,028


Match Group, Inc. 31,288


Medibank Private, Ltd. 65,301

Medical Properties Trust, Inc. 81,955

Merck & Co., Inc. 1,751,520

Meridian Energy, Ltd. 46,479

Metro, Inc., Class A 167,141




Mirvac Group 70,293

Mitsubishi Chemical Holdings Corp. 122,383

Mitsubishi Gas Chemical Co., Inc. 36,179

MMC Norilsk Nickel OJSC 951,272

Mobile TeleSystems PJSC ADR 353,593

MOL Hungarian Oil & Gas PLC 57,876

Moncler SpA 121,037

Mondi PLC 147,104

Moneta Money Bank AS 30,810



Moscow Exchange MICEX-RTS PJSC 87,694

Motor Oil Hellas Corinth Refineries SA 16,870

Mowi ASA 179,405

Mr. Price Group, Ltd. 55,743

Nan Ya Plastics Corp. 164,581

Nanya Technology Corp. 60,679

National Australia Bank, Ltd. 551,654

NCSoft Corp. 87,785

Nestle India, Ltd. 67,951

of 142

Nestle Malaysia Bhd 45,706

Nestle SA 1,795,337

NetApp, Inc. 144,180

Newcrest Mining, Ltd. 94,159

Nexon Co., Ltd. 73,945

Next PLC 256,610

Nien Made Enterprise Co., Ltd. 16,237


Nine Dragons Paper Holdings, Ltd. 17,919

Nippon Building Fund, Inc. 72,745

Nippon Telegraph & Telephone Corp. 595,778

Nokian Renkaat Oyj 56,411

Nordstrom, Inc. 66,348

Novatek Microelectronics Corp. 63,573

Novo Nordisk A/S, Class B 1,839,973

Novolipetsk Steel PJSC 255,053

NTT DOCOMO, Inc. 769,872

Nucor Corp. 161,466

NVR, Inc. 229,018

NWS Holdings, Ltd. 24,401

Obayashi Corp. 50,275


OGE Energy Corp. 96,285

Oil & Natural Gas Corp., Ltd. 47,425

Old Dominion Freight Line, Inc. 176,607

Omnicom Group, Inc. 248,523

OMV AG 109,506

OPAP SA 19,554



Oriental Land Co., Ltd. 182,779

Orion Oyj, Class B 80,708

Orkla ASA 58,326

PACCAR, Inc. 296,840

Packaging Corp. of America 95,750

Page Industries, Ltd. 20,810

Pandora A/S 126,565

Partners Group Holding AG 307,231


Pembina Pipeline Corp. 137,863


Persimmon PLC 297,929

Petrobras Distribuidora SA 58,507

Petronas Chemicals Group Bhd 64,934

Petronas Gas Bhd 35,840

Petronet LNG, Ltd. 25,732

Peugeot SA 202,360



Phillips 66 502,535

Phison Electronics Corp. 20,722

PhosAgro PJSC 91,584

Pidilite Industries, Ltd. 36,253

Polymetal International PLC 187,759

Polyus PJSC 178,443

Porsche Automobil Holding SE 163,849

Porto Seguro SA 18,530

Postal Savings Bank of China Co., Ltd. 27,925

Poste Italiane SpA 87,655

Power Assets Holdings, Ltd. 93,662

Power Corp. of Canada 104,794

Power Financial Corp. 77,868

Powertech Technology, Inc. 38,842

Powszechny Zaklad Ubezpieczen SA 66,300

PPL Corp. 267,806

President Chain Store Corp. 88,225

Procter & Gamble Co. 1,782,066

Promotora y Operadora de Infraestructura SAB de CV 25,955

Proximus SADP 77,338

PTT Exploration & Production PCL 74,177

PTT Global Chemical PCL 55,103

PTT PCL 210,843

Public Service Enterprise Group, Inc. 414,400



Qantas Airways, Ltd. 23,448

Quebecor, Inc., Class B 52,111

Ralph Lauren Corp. 79,450

of 142

Ratch Group PCL 18,884

REA Group, Ltd. 53,836

Recordati SpA 53,926

Red Electrica Corp. SA 117,111

Regeneron Pharmaceuticals, Inc. 270,352

RELX PLC 871,047

Renault SA 83,214

Repsol SA 271,817

Republic of Argentina 4.00 03/06/2020 118

Republic of Argentina 4.50 02/13/2020 294,130





Republic of Argentina 27.93 06/21/2020 88






Republic of Argentina zero coupon 02/26/2020 23,365













Republic of Colombia 4.38 03/21/2023 18,310





Republic of Ghana 18.75 01/24/2022 250,210








Republic of India 6.79 05/15/2027 5,334,091

Republic of India 6.84 12/19/2022 571,766




Republic of India 8.20 02/15/2022 877,497

Republic of Indonesia 5.63 05/15/2023 6,364



Republic of Indonesia 8.38 03/15/2024 6,835,562







Republic of South Korea 1.18 08/02/2021 147,351

Republic of South Korea 1.38 09/10/2021 1,235,134














Rio Tinto PLC 1,091,378

of 142

Rio Tinto, Ltd. 374,452

RioCan Real Estate Investment Trust 51,307

RMB Holdings, Ltd. 54,810

Robert Half International, Inc. 122,157

Roche Holding AG 1,847,719


Rogers Communications, Inc., Class B 260,354

Rollins, Inc. 83,490


Royal Dutch Shell PLC, Class A 858,100

Royal Dutch Shell PLC, Class B 733,948

Rural Electrification Corp., Ltd. 18,205

S&P Global, Inc. 998,682

S-1 Corp. 15,608


Samsung Electronics Co., Ltd. 206,586

Sands China, Ltd. 181,656

Saputo, Inc. 98,316

SATS, Ltd. 36,294

SBI Life Insurance Co., Ltd. 33,285

Scentre Group 109,743

Seagate Technology PLC 296,348

Sekisui House, Ltd. 163,815

Severstal PJSC 258,649

Shanghai Commercial & Savings Bank, Ltd. 54,174

Shaw Communications, Inc., Class B 64,484

Shenzhou International Group Holdings, Ltd. 113,534

Shinhan Financial Group Co., Ltd. 144,284

Shionogi & Co., Ltd. 231,846

Showa Denko KK 33,596

Siam Cement Group PCL 115,177


Singapore Exchange, Ltd. 124,092

Singapore Technologies Engineering, Ltd. 70,655

Singapore Telecommunications, Ltd. 325,820

Sino Land Co., Ltd. 21,764

Sinopec Shanghai Petrochemical Co., Ltd. 12,766

SK Hynix, Inc. 746,050

SK Telecom Co., Ltd. 54,436

Skanska AB, Class B 55,434

Skyworks Solutions, Inc. 350,765

SmartCentres Real Estate Investment Trust 23,734

Smith & Nephew PLC 158,787

Snam SpA 113,014


Societe Generale SA 344,331

Softbank Corp. 190,882

Sonic Healthcare, Ltd. 92,415

South32, Ltd. 102,021


Spark New Zealand, Ltd. 117,839

SSE PLC 295,811

Starbucks Corp. 1,730,532

Steel Dynamics, Inc. 74,700

Subaru Corp. 254,361

Swedbank AB, Class A 91,863

Swisscom AG 220,132

Sysco Corp. 607,836


Taiwan Business Bank 24,410

Taiwan Cement Corp. 51,142

Taiwan Mobile Co., Ltd. 91,528

Taiwan Semiconductor Manufacturing Co., Ltd. 1,742,810

Tapestry, Inc. 113,388


Tata Consultancy Services, Ltd. 362,218

Tatneft PJSC 867,400

Taylor Wimpey PLC 202,473


Tech Mahindra, Ltd. 62,106

Teck Resources, Ltd., Class B 90,449

Telefonica Brasil SA 112,329

Telekomunikasi Indonesia Persero Tbk PT 236,214

Telenor ASA 213,577

Telia Co AB 152,051

Telstra Corp., Ltd. 143,802

TELUS Corp. 124,341


of 142

Thomson Reuters Corp. 160,783

Tiger Brands, Ltd. 31,461

Tim Participacoes SA 39,112

TJX Cos., Inc. 1,334,304

Tokyo Electron, Ltd. 527,030

Tosoh Corp. 63,177

Tractor Supply Co. 176,605

Tryg A/S 39,611

TUI AG 68,962

Tupras Turkiye Petrol Rafinerileri AS 43,544

Turkcell Iletisim Hizmetleri AS 39,612

Turkiye Garanti Bankasi AS 57,005

Turkiye Is Bankasi, Class C 29,751


Ulta Beauty, Inc. 241,119

Unilever Indonesia Tbk PT 90,430


Unilever PLC 1,012,499


United Mexican States 6.50 06/10/2021 1,106,097













United Tractors Tbk PT 40,240

Vale SA 271,152


Vanguard International Semiconductor Corp. 34,482

Ventas, Inc. 243,012

Venture Corp., Ltd. 48,446


VF Corp. 389,959

ViacomCBS, Inc., Class B 225,258

Vitasoy International Holdings, Ltd. 7,191

Vodacom Group, Ltd. 83,563

Walgreens Boots Alliance, Inc. 518,670

Wal-Mart de Mexico SAB de CV 242,573

Walsin Technology Corp. 27,253

Walt Disney Co. 1,632,058


Waters Corp. 89,516

WEC Energy Group, Inc. 459,494

Wesfarmers, Ltd. 435,672

West Fraser Timber Co., Ltd. 32,051

Western Union Co. 102,220

Westpac Banking Corp. 453,290

Wharf Holdings, Ltd. 9,875

Wheaton Precious Metals Corp. 94,206

Woodside Petroleum, Ltd. 225,175

Woolworths Group, Ltd. 423,989

Woongjin Coway Co., Ltd. 58,368

Woori Financial Group, Inc. 29,284

WPG Holdings, Ltd. 25,053

WW Grainger, Inc. 181,602

Wynn Macau, Ltd. 34,840

X5 Retail Group NV GDR 51,286


Yageo Corp. 62,088

Yangzijiang Shipbuilding Holdings, Ltd. 29,392

Yuanta Financial Holding Co., Ltd. 67,387

Yue Yuen Industrial Holdings, Ltd. 17,981

Zhen Ding Technology Holding, Ltd. 23,325

ZOZO, Inc. 43,367



Unrealized

Appreciation

(Depreciation) ($)

BOUGHT BRL/SOLD EUR 04/01/2020 (32,992)

of 142

BOUGHT BRL/SOLD USD 02/04/2020 (3,475)

BOUGHT CHF/SOLD EUR 02/10/2020 25,506








BOUGHT EUR/SOLD USD 02/12/2020 (738)









BOUGHT INR/SOLD USD 02/03/2020 (1,379)

BOUGHT JPY/SOLD AUD 02/21/2020 (23,366)

BOUGHT JPY/SOLD AUD 03/06/2020 (43,665)

BOUGHT JPY/SOLD AUD 03/12/2020 19,346

BOUGHT JPY/SOLD AUD 06/12/2020 61,936

BOUGHT JPY/SOLD EUR 02/25/2020 (21,552)




BOUGHT JPY/SOLD USD 02/26/2020 (49,357)











BOUGHT NOK/SOLD USD 02/26/2020 (18,917)







BOUGHT SEK/SOLD EUR 02/13/2020 (228)

BOUGHT SEK/SOLD EUR 03/13/2020 (271)

BOUGHT SEK/SOLD EUR 04/15/2020 18,658

BOUGHT SEK/SOLD EUR 05/13/2020 (4,959)

BOUGHT SEK/SOLD EUR 06/15/2020 (22,140)

SOLD AUD/BOUGHT JPY 03/12/2020 41,263





SOLD AUD/BOUGHT JPY 08/21/2020 (25,249)

SOLD BRL/BOUGHT USD 02/04/2020 24,242




SOLD EUR/BOUGHT USD 02/12/2020 382





SOLD EUR/BOUGHT USD 03/31/2020 (4,642)

SOLD EUR/BOUGHT USD 04/08/2020 (985)








SOLD EUR/BOUGHT USD 05/14/2020 (1,018)




of 142








SOLD INR/BOUGHT USD 02/03/2020 (7,172)











SOLD INR/BOUGHT USD 4/7/2020 (958)



SOLD INR/BOUGHT USD 4/30/2020 629


SOLD JPY/BOUGHT USD 2/26/2020 46,132






SOLD KRW/BOUGHT USD 2/10/2020 (9,497)














SOLD MXN/BOUGHT USD 4/6/2020 (271,004)









SOLD NOK/BOUGHT USD 2/26/2020 622

SOLD NOK/BOUGHT USD 3/23/2020 4,792

SOLD NOK/BOUGHT USD 3/24/2020 329

Centrally Clear Interest Rate Swap

Payment Received by Portfolio

Payment Made by

the Portfolio Maturity Date

Unrealized

Appreciation

(Depreciation) ($)

3 Months LIBOR 2.70% 03/08/2047 (2,571,027)

3 Months LIBOR 2.98% 02/20/2048 (304,583)

3 Months LIBOR 3.00% 02/22/2048 (309,852)

3 Months LIBOR 3.02% 02/23/2048 (313,814)

3 Months LIBOR 2.00% 11/12/2049 909,056

VALIC Company I - Government Securities Fund - (unaudited)

January 31, 2020


Allergan Funding SCS 3.45 03/15/2022 129,703

American Airlines Pass-Through Trust 3.00 04/15/2030 682,342

American Airlines Pass-Through Trust 3.35 04/15/2031 318,542


AT&T, Inc. 3.60 07/15/2025 538,249

AT&T, Inc. 3.95 01/15/2025 185,751

of 142

BBCMS Trust 2.47 03/10/2036 313,709

Boston Properties LP 2.75 10/01/2026 247,976

Citigroup, Inc. 3.40 05/01/2026 428,833

Citigroup, Inc. 4.50 01/14/2022 170,258

COMM Mtg. Trust 1.80 08/15/2045 26,043

COMM Mtg. Trust 2.24 11/13/2039 599,100

CVS Health Corp. 4.30 03/25/2028 487,558

DBUBS Mtg. Trust 3.53 07/10/2044 48,951

Eleven Madison Mtg. Trust 3.67 09/10/2035 430,162


Federal Farm Credit Bank 3.33 04/28/2037 573,790

Federal Farm Credit Bank 3.35 10/21/2025 1,100,225























Federal Home Loan Mtg. Corp. Multifamily Structured Pass Through Certs. 2.81 09/25/2024 613,883

Federal Home Loan Mtg. Corp. Multifamily Structured Pass Through Certs. 3.01 07/25/2025 457,593

Federal Home Loan Mtg. Corp. Multifamily Structured Pass Through Certs. 3.28 06/25/2025 1,076,695





Federal Home Loan Mtg. Corp. REMIC 3.00 08/15/2032 1,850,462

































Federal National Mtg. Assoc. 4.33 02/01/2035 886




of 142






Federal National Mtg. Assoc. Grantor Trust 2.90 06/25/2027 1,187,717



























Gilead Sciences, Inc. 3.50 02/01/2025 154,346































Government National Mtg. Assoc. 7.50 07/15/2030 119






GS Mtg. Securities Trust 3.43 08/10/2050 1,200,555

Israel Government AID 0.00 02/15/2024 2,466,261

Johnson Controls International PLC 5.00 03/30/2020 200,923

Magellan Midstream Partners LP 3.20 03/15/2025 141,828

Medtronic, Inc. 3.15 03/15/2022 102,136

Mitsubishi UFJ Financial Group, Inc. 2.76 09/13/2026 225,199

Mizuho Financial Group, Inc. 2.95 02/28/2022 371,312

Morgan Stanley 2.50 04/21/2021 322,097

New York Life Global Funding 2.00 04/13/2021 154,739

of 142

Noble Energy, Inc. 3.90 11/15/2024 123,640



Progress Residential Trust 2.77 08/17/2034 301,982

Progress Residential Trust 3.07 11/12/2032 691,818

Resolution Funding Corp. 0.00 07/15/2020 1,984,408

San Diego Gas & Electric Co. 6.00 06/01/2026 242,824

Sofi Professional Loan Program Trust 3.34 08/25/2047 1,034,530

Tricon American Homes Trust 2.59 11/17/2033 548,716

UBS Commercial Mortgage Trust 4.26 12/15/2051 1,618,521

UBS-BAMLL Trust 3.66 06/10/2030 223,375














Walt Disney Co. 2.00 09/01/2029 494,538

WF-RBS Commercial Mtg. Trust 4.38 03/15/2044 306,448

VALIC Company I - Growth & Income Fund - (unaudited)

January 31, 2020




Advanced Micro Devices, Inc. 846,376


Allergan PLC 264,096

Allstate Corp. 177,691



Altice USA, Inc., Class A 202,437



American Express Co. 1,037,402


Amgen, Inc. 111,266

Analog Devices, Inc. 1,067,209

Anthem, Inc. 753,660

Apple, Inc. 6,962,737

Arch Capital Group, Ltd. 94,547

Arthur J. Gallagher & Co. 204,832

AT&T, Inc. 43,075

Automatic Data Processing, Inc. 1,205,386



Avery Dennison Corp. 280,066



Becton Dickinson and Co. 80,077




BlackRock, Inc. 317,465


Boston Scientific Corp. 341,994


Capital One Financial Corp. 831,434




Charter Communications, Inc., Class A 1,383,171


Chubb, Ltd. 164,149

Cigna Corp. 577,140

Cintas Corp. 84,249



Citizens Financial Group, Inc. 143,901

of 142

CMS Energy Corp. 691,677

Coca-Cola Co. 1,345,302


Conagra Brands, Inc. 78,448

Constellation Brands, Inc., Class A 649,447

Costco Wholesale Corp. 340,655

Crown Holdings, Inc. 325,732

CSX Corp. 391,166


DaVita, Inc. 177,471


Diamondback Energy, Inc. 360,245

Discovery, Inc., Class A 310,917


Dow, Inc. 301,344


Eastman Chemical Co. 500,672

Eaton Corp. PLC 1,311,999

Edison International 330,773

Edwards Lifesciences Corp. 219,200


Eli Lilly & Co. 974,548


Entergy Corp. 947,865




Everest Re Group, Ltd. 177,005


Exxon Mobil Corp. 240,529


Federal Realty Investment Trust 51,008

Fifth Third Bancorp 147,257

FirstEnergy Corp. 111,992

Fiserv, Inc. 469,814


General Dynamics Corp. 664,918



Goldman Sachs Group, Inc. 71,325

H&R Block, Inc. 44,962

Hartford Financial Services Group, Inc. 784,986

Hasbro, Inc. 152,805




HP, Inc. 341,824



Intel Corp. 226,568


Intuitive Surgical, Inc. 214,956



KeyCorp 634,325



Lennar Corp., Class A 486,817

Linde PLC 378,431

Lowe's Cos., Inc. 976,067

Lyft, Inc., Class A 81,666


Magna International, Inc. 225,773



Masco Corp. 374,648


McKesson Corp. 438,383


Merck & Co., Inc. 1,512,801



Mid-America Apartment Communities, Inc. 203,345

Mondelez International, Inc., Class A 1,024,922



Netflix, Inc. 947,962

Newmont Goldcorp Corp. 102,512

of 142


NIKE, Inc., Class B 962,615


Northrop Grumman Corp. 494,432


NXP Semiconductors NV 620,853

ONEOK, Inc. 710,441


Packaging Corp. of America 93,452




Pfizer, Inc. 313,598


Phillips 66 57,289


Principal Financial Group, Inc. 105,053



Ralph Lauren Corp. 144,826


Regions Financial Corp. 239,342

RenaissanceRe Holdings, Ltd. 77,860


Royal Caribbean Cruises, Ltd. 118,953



Sempra Energy 306,501


Southern Co. 625,293



State Street Corp. 694,737



Teradyne, Inc. 446,884



TJX Cos., Inc. 577,706


Travelers Cos., Inc. 33,695

Truist Financial Corp. 113,402

Union Pacific Corp. 346,101

United Airlines Holdings, Inc. 86,170

United Technologies Corp. 968,490


Ventas, Inc. 222,125



Vertex Pharmaceuticals, Inc. 577,161


VICI Properties, Inc. 116,553

Visa, Inc., Class A 772,402

Voya Financial, Inc. 135,886

Walmart, Inc. 350,454

Walt Disney Co. 72,198


Wells Fargo & Co. 845,530

WestRock Co. 168,129

Xcel Energy, Inc. 250,606


Zimmer Biomet Holdings, Inc. 984,866

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-Mini Index Long March 2020 (34,014)

VALIC Company I - Growth Fund - (unaudited)

January 31, 2020


Abbott Laboratories 2,038,727


ABIOMED, Inc. 109,539

of 142


Adaptive Biotechnologies Corp. 9,746,010

Adobe, Inc. 31,332,222


Adyen NV 14,909,331


Air Products & Chemicals, Inc. 1,200,950

Akamai Technologies, Inc. 247,844

Alexandria Real Estate Equities, Inc. 246,595



Align Technology, Inc. 18,655,690

Allegion PLC 274,288







American Water Works Co., Inc. 280,981


AMETEK, Inc. 506,832

Amgen, Inc. 1,728,616

Amphenol Corp., Class A 673,113


ANSYS, Inc. 536,041

Aon PLC 741,582

Apache Corp. 146,008

Apple, Inc. 53,006,373


Arconic, Inc. 132,379

Arista Networks, Inc. 276,495


ASML Holding NV 24,514,528

Autodesk, Inc. 23,952,511



Avery Dennison Corp. 177,699

Ball Corp. 15,192,591


BlackRock, Inc. 724,052

Boeing Co. 1,708,792



Boston Scientific Corp. 785,858



Broadridge Financial Solutions, Inc. 218,164

Brown-Forman Corp., Class B 281,247


Cadence Design Systems, Inc. 461,792

Campbell Soup Co. 82,069

CarMax, Inc. 364,191


Cboe Global Markets, Inc. 311,870

CBRE Group, Inc., Class A 466,422

CDW Corp. 427,746


Centene Corp. 243,703

Cerner Corp. 324,456





Cimarex Energy Co. 55,082

Cincinnati Financial Corp. 167,395


Citrix Systems, Inc. 176,133

CME Group, Inc. 25,810,254






Cooper Cos., Inc. 223,397

Copart, Inc. 23,443,551

Corning, Inc. 220,193


of 142

Costco Wholesale Corp. 1,817,538

Coty, Inc., Class A 32,524

Coupa Software, Inc. 11,153,836

Crown Castle International Corp. 824,570

CSX Corp. 677,441





Deere & Co. 672,379

DENTSPLY SIRONA, Inc. 150,640



Dover Corp. 222,691

Dow, Inc. 779,643

Duke Realty Corp. 179,698

eBay, Inc. 585,756

Ecolab, Inc. 572,445

Edwards Lifesciences Corp. 1,046,534





Equifax, Inc. 248,534




Expeditors International of Washington, Inc. 147,541



Fair Isaac Corp. 19,804,339

Fastenal Co. 319,605


Ferrari NV 20,385,859


Fiserv, Inc. 1,545,963


FleetCor Technologies, Inc. 624,471

FLIR Systems, Inc. 75,712

FMC Corp. 282,755

Fortinet, Inc. 373,766

Fortune Brands Home & Security, Inc. 218,154


Garmin, Ltd. 319,741

Gartner, Inc. 328,313

Global Payments, Inc. 656,907

Healthpeak Properties, Inc. REIT 191,071

Hershey Co. 351,926

Hess Corp. 334,385


Hologic, Inc. 176,830



Huntington Ingalls Industries, Inc. 143,811

IAC/InterActiveCorp 26,327,694

IDEX Corp. 162,212


IHS Markit, Ltd. 526,864



Incyte Corp. 298,126



Intercontinental Exchange, Inc. 697,183

Intuit, Inc. 26,432,544



IQVIA Holdings, Inc. 17,870,362

iShares S&P 500 Growth ETF 10,336,644

Jack Henry & Associates, Inc. 136,530

JB Hunt Transport Services, Inc. 123,904




Keysight Technologies, Inc. 398,183


KLA Corp. 596,830


of 142


Lamb Weston Holdings, Inc. 167,371


Leggett & Platt, Inc. 94,371


Linde PLC 1,768,044

Live Nation Entertainment, Inc. 146,817

LKQ Corp. 118,875


Lonza Group AG 14,264,360

Lowe's Cos., Inc. 15,585,227


Marriott International, Inc., Class A 867,392

Marsh & McLennan Cos., Inc. 785,928

Martin Marietta Materials, Inc. 376,443

Masco Corp. 308,120



McCormick & Co., Inc. 235,089

McDonald's Corp. 1,618,255

MercadoLibre, Inc. 18,792,735

Merck & Co., Inc. 2,730,662


MGM Resorts International 222,700


Micron Technology, Inc. 1,341,425






MSCI, Inc. 552,451

Nasdaq, Inc. 143,362

National Oilwell Varco, Inc. 56,265





Norfolk Southern Corp. 669,187


NortonLifeLock, Inc. 230,600

Novartis AG ADR 15,039,565

NRG Energy, Inc. 211,822


NVR, Inc. 324,442




PACCAR, Inc. 585,814



Paycom Software, Inc. 356,339



PerkinElmer, Inc. 133,634


Phillips 66 463,337


PPG Industries, Inc. 329,920


Progressive Corp. 656,736




Qorvo, Inc. 280,635


Quanta Services, Inc. 57,237




Republic Services, Inc. 210,156

ResMed, Inc. 521,581







of 142


Seagate Technology PLC 180,430

Sempra Energy 465,053




Skyworks Solutions, Inc. 255,153


STERIS PLC 157,471


SVB Financial Group 181,209


Synopsys, Inc. 506,254

Sysco Corp. 430,414








Tiffany & Co. 330,225

TJX Cos., Inc. 1,634,050

Tractor Supply Co. 123,159

TransDigm Group, Inc. 731,409

TransUnion 18,056,097


UDR, Inc. 150,581

Ulta Beauty, Inc. 192,359



United Rentals, Inc. 232,708


United Technologies Corp. 1,474,063

Varian Medical Systems, Inc. 160,250

VeriSign, Inc. 259,967



VF Corp. 328,644


Vulcan Materials Co. 427,864



Waters Corp. 204,096


Willis Towers Watson PLC 297,708

Wynn Resorts, Ltd. 278,309

Xerox Holdings Corp. 150,924


Xylem, Inc. 198,026


Zebra Technologies Corp., Class A 294,234

Zoetis, Inc. 20,514,804

Futures Contracts

Description Type Expiration Month

Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-mini LONG March 2020 (14,890)

VALIC Company I - Health Sciences Fund - (unaudited)

January 31, 2020


10X Genomics, Inc., Class A 861,990

AbbVie, Inc. 14,980,598

Abcam PLC 1,139,200

ABIOMED, Inc. 1,272,174

Acadia Healthcare Co., Inc. 1,128,084

ACADIA Pharmaceuticals, Inc. 8,434,330

Acceleron Pharma, Inc. 6,128,013

Acerta Pharma BV, Class B 879,401

Adaptive Biotechnologies Corp. 921,134

Adverum Biotechnologies, Inc. 515,708

Agilent Technologies, Inc. 12,789,039

Agios Pharmaceuticals, Inc. 1,638,741

of 142

Aimmune Therapeutics, Inc. 2,320,304

Akero Therapeutics, Inc. 244,332

Alcon, Inc. 6,007,070

Alector, Inc. 635,439


Alkermes PLC 1,092,269

Allakos, Inc. 518,685

Allogene Therapeutics, Inc. 1,122,902

Alnylam Pharmaceuticals, Inc. 7,416,352

Amarin Corp. PLC ADR 3,608,940

Amedisys, Inc. 2,574,989

Amgen, Inc. 17,374,741


Apellis Pharmaceuticals, Inc. 1,053,156

Applied Therapeutics, Inc. 94,446

Ardelyx, Inc. 509,130

Argenx SE ADR 6,703,713

Arvinas, Inc. 77,536

Ascendis Pharma A/S ADR 9,484,560

Assembly Biosciences, Inc. 361,718

Astellas Pharma, Inc. 2,983,724

AstraZeneca PLC ADR 11,598,100

AtriCure, Inc. 1,435,410

Autolus Therapeutics PLC ADR 142,076

Avantor, Inc. 4,672,781

Avrobio, Inc. 280,056

Axsome Therapeutics, Inc. 2,550,511

Bayer AG 3,275,810



BeiGene, Ltd. ADR 2,557,210

BioCryst Pharmaceuticals, Inc. 81,510


BioMarin Pharmaceutical, Inc. 5,423,409

Bluebird Bio, Inc. 2,746,038

Blueprint Medicines Corp. 2,543,013

Boston Scientific Corp. 1,323,092


Bristol-Myers Squibb Co. CVR 912,139

Bruker Corp. 4,305,028

Calithera Biosciences, Inc. 74,400

Cara Therapeutics, Inc. 1,177,457

Catalent, Inc. 2,706,058


ChemoCentryx, Inc. 101,808

Chugai Pharmaceutical Co., Ltd. 5,966,835


Color Genomics, Inc. 3.00 06/30/2021 543,971

Constellation Pharmaceuticals, Inc. 660,800

Cooper Cos., Inc. 5,715,013

Cortexyme, Inc. 131,572

CRISPR Therapeutics AG 912,606

Cyclerion Therapeutics, Inc. 79,704

Daiichi Sankyo Co., Ltd. 5,411,997


Deciphera Pharmaceuticals, Inc. 2,021,822

Denali Therapeutics, Inc. 602,484

DexCom, Inc. 7,230,686

DiaSorin SpA 2,226,379

Dicerna Pharmaceuticals, Inc. 1,553,280

Doximity, Inc. 751,506

Eisai Co., Ltd. 2,974,190

Elanco Animal Health, Inc. 1,989,589

Elanco Animal Health, Inc. 288,974

Eli Lilly & Co. 17,153,517

Enanta Pharmaceuticals, Inc. 1,502,906

Envista Holdings Corp. 4,688,861

Epizyme, Inc. 753,480

Evotec SE 1,454,115

Exact Sciences Corp. 7,093,198

Exagen, Inc. 246,148

Exelixis, Inc. 3,275,396

Fate Therapeutics, Inc. 871,522

FibroGen, Inc. 1,841,107

Forty Seven, Inc. 594,676

Freenome Holdings, Inc. 431,108

G1 Therapeutics, Inc. 472,616

Galapagos NV 3,080,680

of 142


Generation Bio 478,836

GenMark Diagnostics, Inc. 496,230

Gingko Bioworks 1,309,957

Global Blood Therapeutics, Inc. 4,726,390

Gritstone Oncology, Inc. 155,936

Guardant Health, Inc. 1,986,317

GW Pharmaceuticals PLC ADR 1,433,727


Hologic, Inc. 9,818,779

Homology Medicines, Inc. 708,898

HTG Molecular Diagnostics, Inc. 50,941

Humana, Inc. 12,110,356

ICU Medical, Inc. 2,155,701

IGM Biosciences, Inc. 708,454

Illumina, Inc. 2,992,072

Immunomedics, Inc. 1,485,117

Incyte Corp. 6,410,504

Insmed, Inc. 1,096,302

Insulet Corp. 3,958,416

Intercept Pharmaceuticals, Inc. 1,369,424

Intra-Cellular Therapies, Inc. 793,742


Ionis Pharmaceuticals, Inc. 2,199,306

Iovance Biotherapeutics, Inc. 3,275,196

Ipsen SA 1,478,109

iRhythm Technologies, Inc. 1,475,319

JAND, Inc. (dba Warby Parker) 53,542


JAND, Inc. (dba Warby Parker) 1,366,945

Kadmon Holdings, Inc. 531,770

KalVista Pharmaceuticals, Inc. 74,970

Kardium, Inc. 525,544

Karuna Therapeutics, Inc. 2,478,859

Karyopharm Therapeutics, Inc. 74,290

Kodiak Sciences, Inc. 4,278,992

Krystal Biotech, Inc. 1,105,717

Lantheus Holdings, Inc. 1,023,775


MEI Pharma, Inc. 78,776

Menlo Therapeutics, Inc. 134,320

Merck & Co., Inc. 16,395,252

Mettler-Toledo International, Inc. 2,556,240

Milestone Pharmaceuticals, Inc. 747,980

Minerva Neurosciences, Inc. 385,199

Mirati Therapeutics, Inc. 2,517,202

Moderna, Inc. 99,740

Molina Healthcare, Inc. 4,450,653

Momenta Pharmaceuticals, Inc. 1,393,918

MorphoSys AG 1,265,846

MyoKardia, Inc. 3,014,069

Nektar Therapeutics 758,386

Neurocrine Biosciences, Inc. 8,363,085

Nevro Corp. 4,910,892

Novartis AG 5,706,884

Novocure, Ltd. 2,447,873

NuVasive, Inc. 416,911

Odonate Therapeutics, Inc. 690,814

Option Care Health, Inc. 493,069

Orchard Therapeutics PLC ADR 655,279

Otsuka Holdings Co., Ltd. 398,102

Outset Medical, Inc 704,422

Outset Medical, Inc. 496,950



Pennant Group, Inc. 991,082

Penumbra, Inc. 3,758,002

Perrigo Co. PLC 42,210

PhaseBio Pharmaceuticals, Inc. 188,871

Phreesia, Inc. 537,199

PRA Health Sciences, Inc. 2,411,178

Principia Biopharma, Inc. 1,029,097

Progenics Pharmaceuticals, Inc. 425,038

PTC Therapeutics, Inc. 3,341,372

Puma Biotechnology, Inc. 255,450

Quanterix Corp. 1,366,154

Quidel Corp. 3,851,981

Radius Health, Inc. 633,249

of 142

RAPT Therapeutics, Inc. 563,900

Rapt Theraputics 454,962

Reata Pharmaceuticals, Inc., Class A 5,382,890

RefleXion Medical, Inc. 271,140

Regeneron Pharmaceuticals, Inc. 8,728,990


Relmada Therapeutics, Inc. 282,997

Rhythm Pharmaceuticals, Inc. 219,724


Rocket Pharmaceuticals, Inc. 920,207

Sage Therapeutics, Inc. 3,804,141

Sarepta Therapeutics, Inc. 4,845,157

Sartorius AG (Preference Shares) 3,417,900

Scholar Rock Holding Corp. 160,729

Seattle Genetics, Inc. 8,907,165

Seer, Inc. 463,720

Shockwave Medical, Inc. 2,808,058

SI-BONE, Inc. 389,458

Silk Road Medical, Inc. 227,860


Stoke Therapeutics, Inc. 644,450


T. Rowe Price Government Reserve Fund 871,246

Tandem Diabetes Care, Inc. 882,064

Teleflex, Inc. 7,200,235

Tempus Labs, Inc. 981,344

Tempus Labs, Inc. 261,239

Tempus Labs, Inc. 1,459,961


Translate Bio, Inc. 60,228

Tricida, Inc. 2,720,662

Turning Point Therapeutics, Inc. 1,132,794

Ultragenyx Pharmaceutical, Inc. 2,672,588

uniQure NV 270,532

United Therapeutics Corp. 439,515


Veeva Systems, Inc., Class A 1,905,930

Verily Life Sciences LLC 861,094


WaVe Life Sciences, Ltd. 95,623

West Pharmaceutical Services, Inc. 5,165,064

Wuxi Biologics Cayman, Inc. 999,682

X4 Pharmaceuticals, Inc. 68,890

Xencor, Inc. 2,093,725

Zai Lab, Ltd. ADR 601,886

Zealand Pharma A/S 687,543

Zeneca, Inc. CVR 14,213

Zimmer Biomet Holdings, Inc. 2,713,965

Zogenix, Inc. 1,878,801

Zymeworks, Inc. 1,637,242

VALIC Company I - Inflation Protected Fund - (unaudited)

January 31, 2020


AbbVie, Inc. 4.05 11/21/2039 557,098

Albemarle Wodgina Pty, Ltd. 3.45 11/15/2029 943,200

Apache Corp. 4.25 01/15/2030 3,681,366

BAC Capital Trust XIV 4.00 09/29/2049 2,955,535

Banco Santander SA 240,591

BANK 3.18 08/15/2061 3,788,324

Bank of America Corp. 2.86 11/19/2024 2,007,500




Barclays Bank PLC 2.76 05/22/2023 9,844,100

BBVA Bancomer SA 5.13 01/18/2033 1,219,425

Benchmark Mtg. Trust 4.03 04/10/2051 6,807,418



BNP Paribas SA 3.19 12/21/2020 426,151

CAMB Commercial Mtg. Trust 2.75 12/15/2037 751,646

Cenovus Energy, Inc. 4.25 04/15/2027 2,510,147

Chase Issuance Trust 1.49 07/15/2022 1,498,855

Cheniere Corpus Christi Holdings LLC 3.70 11/15/2029 601,290

Cimarex Energy Co. 4.38 03/15/2029 2,128,033

Citigroup, Inc. 2.83 03/27/2025 1,988,200

of 142

Citigroup, Inc. 3.29 09/29/2024 2,011,800

Citigroup, Inc. 4.65 07/23/2048 3,780,137

Citigroup, Inc. 4.79 03/30/2020 3,938,000

CNH Industrial NV 3.85 11/15/2027 1,474,107

Commonwealth of Australia 0.75 11/21/2027 16,488,023

Commonwealth of Australia 3.72 09/20/2025 13,055,041

Corestates Capital II 2.48 01/15/2027 638,092

Credit Agricole SA 4.00 01/10/2033 2,743,605

CSAIL Commercial Mtg. Trust 3.00 09/15/2052 3,186,166

CVS Health Corp. 4.78 03/25/2038 2,115,870

Danske Bank A/S 3.24 12/20/2025 698,591

Dow Chemical Co. 4.80 05/15/2049 2,246,016

DowDuPont, Inc. 5.32 11/15/2038 1,489,114


Enbridge, Inc. 5.50 07/15/2077 2,770,125

Energy Transfer Operating LP 5.80 06/15/2038 1,335,986

Energy Transfer Operating LP 6.25 12/31/2099 2,426,300

EnLink Midstream LLC 5.38 06/01/2029 474,220

EnLink Midstream Partners LP 4.85 07/15/2026 1,188,585



Enterprise Products Operating LLC 5.25 08/16/2077 1,062,957







Genworth Holdings, Inc. 3.91 11/15/2066 508,000

Glencore Funding LLC 4.00 04/16/2025 431,656

Goldman Sachs Group, Inc. 3.69 08/30/2023 4,107,468

Goldman Sachs Group, Inc. 5.00 05/10/2066 2,845,239


Government of Canada 4.00 12/01/2031 19,929,677



Government of New Zealand 2.17 09/20/2025 26,295,799

Hartford Financial Services Group, Inc. 4.03 02/12/2067 3,688,300

Jackson Park Trust 2.77 10/14/2039 3,100,946

JPMorgan Chase & Co. 3.30 12/20/2023 2,030,000



Kingdom of Spain 0.30 11/30/2021 10,180,144

Kingdom of Spain 1.00 11/30/2030 12,912,617




Masco Corp. 3.50 11/15/2027 3,193,381

Morgan Stanley 3.31 08/24/2023 475,605

Morgan Stanley 3.36 09/26/2028 1,484,368

Morgan Stanley 3.76 02/11/2020 1,995,000

Morgan Stanley 3.76 04/25/2023 3,961,913

Morgan Stanley 3.76 06/09/2023 681,430

MPLX LP 4.25 12/01/2027 1,360,588

MPLX LP 6.88 12/31/2099 1,280,533

Newcrest Finance Pty, Ltd. 5.75 11/15/2041 2,302,991

Noble Energy, Inc. 3.85 01/15/2028 505,010

One Bryant Park Trust 2.52 09/15/2054 2,082,409

Penske Truck Leasing Co. LP/PTL Finance Corp. 3.35 11/01/2029 1,446,178

Petroleos Mexicanos 7.69 01/23/2050 1,100,797

Prudential Financial, Inc. 5.70 09/15/2048 9,678,889

Royal Bank of Scotland Group PLC 3.75 11/01/2029 2,835,001

Royal Bank of Scotland Group PLC 4.27 03/22/2025 1,226,822

Royal Bank of Scotland Group PLC 8.63 12/29/2049 395,280

SLM Corp. 3.91 12/15/2020 2,004,394

Societe Generale SA 3.60 05/03/2023 10,055,000


Steel Dynamics, Inc. 3.45 04/15/2030 396,872

Store Master Funding I-VII 3.96 10/20/2048 1,746,955

Teck Resources, Ltd. 6.13 10/01/2035 1,384,047

UniCredit SpA 5.86 06/19/2032 790,450

UniCredit SpA 6.57 01/14/2022 1,614,022

UniCredit SpA 7.30 04/02/2034 978,318

United Kingdom Gilt Treasury 0.13 03/22/2024 2,948,015

United Mexican States 2.50 12/10/2020 4




of 142






































WEC Energy Group, Inc. 4.02 05/15/2067 761,866

Wells Fargo & Co. 3.26 03/31/2021 1,905,600

Zions Bancorp NA 3.25 10/29/2029 1,619,813

VALIC Company I - International Equities Index Fund - (unaudited)

January 31, 2020


3i Group PLC 1,006,672

a2 Milk Co., Ltd. 498,543

ABB, Ltd. 3,050,409

ABC-Mart, Inc. 148,017

ABN AMRO Group NV CVA 523,077

Accor SA 512,065

Acom Co., Ltd. 132,904

ACS Actividades de Construccion y Servicios SA 617,509

Adecco Group AG 649,046

adidas AG 4,060,929


Advantest Corp. 748,499

Adyen NV 678,115

Aegon NV 514,802

Aena SME SA 888,609

Aeon Co., Ltd. 949,784

AEON Financial Service Co., Ltd. 124,714

Aeon Mall Co., Ltd. 121,440

AerCap Holdings NV 495,054

Aeroports de Paris 401,186

AGC, Inc. 432,597

Ageas 700,141


AIA Group, Ltd. 8,476,769

AIB Group PLC 170,118

Air Liquide SA 4,860,170

Air Water, Inc. 147,363

Airbus SE 6,123,918

Aisin Seiki Co., Ltd. 380,936

Ajinomoto Co., Inc. 514,240

Aker BP ASA 217,491

Akzo Nobel NV 1,528,861

of 142

Alcon, Inc. 1,745,490

Alfa Laval AB 557,293

Alfresa Holdings Corp. 270,322

Allianz SE 7,236,970

Alps Alpine Co., Ltd. 264,056

Alstom SA 722,527

Altice Europe NV 308,831


Amada Holdings Co., Ltd. 245,773

Amadeus IT Group SA 2,402,771

AMP, Ltd. 287,007

Amundi SA 351,057

ANA Holdings, Inc. 256,092

ANDRITZ AG 204,089

Anglo American PLC 1,932,582

Anheuser-Busch InBev SA NV 4,088,961


Aozora Bank, Ltd. 225,714

AP Moller - Maersk A/S, Series A 301,891

AP Moller - Maersk A/S, Series B 557,274

APA Group 625,641

ArcelorMittal 697,538

Aristocrat Leisure, Ltd. 965,878

Arkema SA 449,997


Asahi Group Holdings, Ltd. 1,198,816

Asahi Intecc Co., Ltd. 390,467

Asahi Kasei Corp. 916,628

Ascendas Real Estate Investment Trust 471,870

Ashtead Group PLC 1,058,174

ASM Pacific Technology, Ltd. 292,823


Assa Abloy AB, Class B 1,696,398

Assicurazioni Generali SpA 1,523,719

Associated British Foods PLC 881,469


AstraZeneca PLC 9,123,193

ASX, Ltd. 775,786

Atlantia SpA 866,305

Atlas Copco AB, Class A 1,694,878

Atlas Copco AB, Class B 863,716

Atos SE 580,060

Auckland International Airport, Ltd. 384,867


AusNet Services 153,587

Australia & New Zealand Banking Group, Ltd. 3,422,685


AVEVA Group PLC 298,008

Aviva PLC 1,470,266

AXA SA 3,661,379

Azrieli Group, Ltd. 222,859


Baloise Holding AG 627,598

Banco Bilbao Vizcaya Argentaria SA 2,451,204


Banco Espirito Santo SA 0

Banco Santander SA 4,672,026


Bank Hapoalim B.M. 692,827

Bank Leumi Le-Israel B.M. 757,762

Bank of East Asia, Ltd. 200,068

Bank of Ireland Group PLC 335,986

Bank of Kyoto, Ltd. 150,745

Bankia SA 158,702

Bankinter SA 310,840

Barclays PLC 2,713,239


Barry Callebaut AG 476,763

BASF SE 4,432,235

Bayer AG 5,355,976

Bayerische Motoren Werke AG 1,683,031

Bayerische Motoren Werke AG (Preference Shares) 223,169

Beiersdorf AG 814,519

BeiGene, Ltd. ADR 390,803

Bendigo & Adelaide Bank, Ltd. 240,901

Benesse Holdings, Inc. 139,862


BGP Holdings PLC 0

of 142

BHP Group PLC 3,290,347

BHP Group, Ltd. 5,395,792

BioMerieux 292,278


BNP Paribas SA 4,254,206

BOC Hong Kong Holdings, Ltd. 869,397

Boliden AB 463,122

Bollore SA 255,115

Boral, Ltd. 272,039

Bouygues SA 626,413

BP PLC 8,732,431


Brenntag AG 571,346

Bridgestone Corp. 1,434,660

British American Tobacco PLC 7,212,110

British Land Co. PLC 461,336

Brother Industries, Ltd. 307,435

BT Group PLC 1,273,215

Budweiser Brewing Co. APAC, Ltd. 283,190

Bunzl PLC 623,674


Bureau Veritas SA 576,823

CaixaBank SA 745,737

Calbee, Inc. 186,190

Caltex Australia, Ltd. 401,911

Canon, Inc. 1,876,149

Capgemini SE 1,402,643

CapitaLand Commercial Trust 287,757

CapitaLand Mall Trust 337,292

CapitaLand, Ltd. 481,024

Carl Zeiss Meditec AG 351,024

Carlsberg A/S, Class B 1,113,410

Carnival PLC 465,492

Carrefour SA 730,145

Casino Guichard Perrachon SA 157,045

Casio Computer Co., Ltd. 255,435

Cellnex Telecom SA 885,912

Central Japan Railway Co. 2,015,543

Centrica PLC 465,499

Challenger, Ltd. 229,282


Chiba Bank, Ltd. 209,819

Chocoladefabriken Lindt & Spruengli AG 653,344

Chocoladefabriken Lindt & Spruengli AG (Participation Certificate) 637,932

Chr. Hansen Holding A/S 559,457

Chubu Electric Power Co., Inc. 622,294


Chugoku Electric Power Co., Inc. 261,347

Cie de Saint-Gobain 1,321,544

Cie Financiere Richemont SA 2,707,819

Cie Generale des Etablissements Michelin SCA 1,413,731

CIMIC Group, Ltd. 132,604

City Developments, Ltd. 246,009

CK Asset Holdings, Ltd. 1,174,162

CK Hutchison Holdings, Ltd. 1,695,706

CK Infrastructure Holdings, Ltd. 327,036

Clariant AG 318,456

CLP Holdings, Ltd. 1,215,393

CNH Industrial NV 687,724

CNP Assurances 220,184


Coca-Cola Bottlers Japan Holdings, Inc. 231,841

Coca-Cola European Partners PLC 865,592

Coca-Cola HBC AG 523,468

Cochlear, Ltd. 651,592


Coloplast A/S, Class B 1,065,367

Colruyt SA 196,524


Commerzbank AG 410,221

Commonwealth Bank of Australia 7,056,428

Compass Group PLC 2,794,718

Computershare, Ltd. 412,986


Continental AG 894,829

Covestro AG 523,087

Covivio 405,140

Credit Agricole SA 1,111,018

of 142

Credit Saison Co., Ltd. 179,748

Credit Suisse Group AG 2,297,049

CRH PLC 2,135,053

Croda International PLC 601,142

Crown Resorts, Ltd. 205,242

CSL, Ltd. 6,591,909

CyberAgent, Inc. 285,417

CyberArk Software, Ltd. 371,009

Dai Nippon Printing Co., Ltd. 478,513

Daicel Corp. 166,981

Daifuku Co., Ltd. 433,420

Dai-ichi Life Holdings, Inc. 1,134,539


Daikin Industries, Ltd. 2,490,786

Daimler AG 2,997,606

Dairy Farm International Holdings, Ltd. 123,029

Daito Trust Construction Co., Ltd. 600,646

Daiwa House Industry Co., Ltd. 1,267,899

Daiwa House REIT Investment Corp. 354,931

Daiwa Securities Group, Inc. 551,171

Danone SA 3,517,208

Danske Bank A/S 768,068

Dassault Aviation SA 217,491

Dassault Systemes SE 1,622,924

Davide Campari-Milano SpA 399,708

DBS Group Holdings, Ltd. 2,342,883

DCC PLC 565,940

Delivery Hero SE 621,909

Demant A/S 255,051

Denso Corp. 1,250,024

Dentsu, Inc. 510,064

Deutsche Bank AG 1,281,743

Deutsche Boerse AG 2,204,049

Deutsche Lufthansa AG 259,430

Deutsche Post AG 2,463,996

Deutsche Telekom AG 3,840,840

Deutsche Wohnen SE 1,084,458

Dexus 654,554

Diageo PLC 6,657,013


Disco Corp. 439,791

DNB ASA 1,176,762

DSV A/S 1,681,825

Dufry AG 249,856

E.ON SE 1,814,532

East Japan Railway Co. 1,902,387

easyJet PLC 208,577

Edenred 934,722

EDP - Energias de Portugal SA 913,401

Eiffage SA 647,272

Eisai Co., Ltd. 1,330,950

Elbit Systems, Ltd. 264,418

Electric Power Development Co., Ltd. 234,151

Electricite de France SA 535,200

Electrolux AB, Series B 381,056

Elisa Oyj 608,632


Enagas SA 434,627

Endesa SA 619,887

Enel SpA 5,041,023

Engie SA 2,236,375

Eni SpA 2,537,889

Epiroc AB, Class A 542,313

Epiroc AB, Class B 313,964


Erste Group Bank AG 785,892

EssilorLuxottica SA 2,992,641

Essity AB, Class B 1,366,913

Eurazeo SE 201,526

Eurofins Scientific SE 442,861

Eutelsat Communications SA 186,241

Evonik Industries AG 364,888

Evraz PLC 166,940

EXOR NV 568,945

Experian PLC 2,253,456

FamilyMart Co., Ltd. 391,899

FANUC Corp. 2,510,644

Fast Retailing Co., Ltd. 2,196,054

of 142

Faurecia SA 257,829


Ferrari NV 1,448,016

Ferrovial SA 1,127,022

Fiat Chrysler Automobiles NV 1,002,783

FinecoBank Banca Fineco SpA 506,998

Fisher & Paykel Healthcare Corp., Ltd. 612,251


Fletcher Building, Ltd. 215,877

Flight Centre Travel Group, Ltd. 103,421

Flutter Entertainment PLC 632,620


Fortum Oyj 765,473

Fraport AG Frankfurt Airport Services Worldwide 220,979

Fresenius Medical Care AG & Co. KGaA 1,172,743

Fresenius SE & Co. KGaA 1,522,488

Fuchs Petrolub SE (Preference Shares) 219,631

Fuji Electric Co., Ltd. 262,519

FUJIFILM Holdings Corp. 1,266,167

Fujitsu, Ltd. 1,485,795

Fukuoka Financial Group, Inc. 209,717

G4S PLC 284,459

Galapagos NV 690,088

Galaxy Entertainment Group, Ltd. 1,004,965

Galp Energia SGPS SA 539,006

GEA Group AG 327,518

Geberit AG 1,389,848

Gecina SA 615,717

Genmab A/S 1,068,702

Genting Singapore, Ltd. 269,637

Getlink SE 553,285

Givaudan SA 2,168,236

Gjensidige Forsikring ASA 309,063

GlaxoSmithKline PLC 8,331,207

Glencore PLC 2,260,801

GMO Payment Gateway, Inc. 188,564

Goodman Group 1,147,882

GPT Group 549,893

Grifols SA 712,690

Groupe Bruxelles Lambert SA 576,588

GVC Holdings PLC 479,901

H. Lundbeck A/S 210,194

Hakuhodo DY Holdings, Inc. 235,133

Halma PLC 750,672

Hamamatsu Photonics KK 424,767

Hang Lung Properties, Ltd. 300,045

Hang Seng Bank, Ltd. 1,099,003

Hankyu Hanshin Holdings, Inc. 662,256

Hannover Rueck SE 835,447


Harvey Norman Holdings, Ltd. 111,462

HeidelbergCement AG 719,374

Heineken Holding NV 806,427

Heineken NV 2,006,623

Henderson Land Development Co., Ltd. 462,467

Henkel AG & Co. KGaA 685,771


Hennes & Mauritz AB, Class B 1,255,304

Hermes International 1,688,750

Hexagon AB, Class B 1,017,845

Hikari Tsushin, Inc. 369,921

Hino Motors, Ltd. 189,677

Hirose Electric Co., Ltd. 290,288

Hisamitsu Pharmaceutical Co., Inc. 186,371

Hitachi Chemical Co., Ltd. 309,904

Hitachi Construction Machinery Co., Ltd. 204,712

Hitachi High-Technologies Corp. 352,087


Hitachi, Ltd. 2,627,298

HK Electric Investments & HK Electric Investments, Ltd. 188,108

HKT Trust & HKT, Ltd. 401,432

HOCHTIEF AG 203,529

Honda Motor Co., Ltd. 2,962,532

Hong Kong & China Gas Co., Ltd. 1,382,721

Hong Kong Exchanges & Clearing, Ltd. 2,800,464

Hongkong Land Holdings, Ltd. 438,239

Hoshizaki Corp. 358,275

Hoya Corp. 2,604,969

of 142

HSBC Holdings PLC 10,453,250

Hulic Co., Ltd. 261,936

Husqvarna AB, Class B 224,379

Iberdrola SA 4,701,512

Iberdrola SA 87,142

ICA Gruppen AB 282,744

ICADE 236,966

Idemitsu Kosan Co., Ltd. 348,749

IHI Corp. 248,424

Iida Group Holdings Co., Ltd. 176,957

Iliad SA 249,611

Imperial Brands PLC 1,741,552

Incitec Pivot, Ltd. 246,802

Industria de Diseno Textil SA 2,610,829

Industrivarden AB, Class C 280,272

Infineon Technologies AG 1,927,754

Informa PLC 914,240

ING Groep NV 3,007,998

Ingenico Group SA 501,936

Inpex Corp. 681,812

Insurance Australia Group, Ltd. 766,606

InterContinental Hotels Group PLC 758,075


Intesa Sanpaolo SpA 2,631,252

Investor AB, Class B 1,775,981

Ipsen SA 200,200

Isetan Mitsukoshi Holdings, Ltd. 186,378

iShares MSCI EAFE ETF 61,696,964

Israel Chemicals, Ltd. 210,691

Israel Discount Bank, Ltd., Class A 376,740

ISS A/S 271,929

Isuzu Motors, Ltd. 383,558

ITOCHU Corp. 2,235,238

Itochu Techno-Solutions Corp. 200,886

ITV PLC 459,664

J Sainsbury PLC 337,500

J. Front Retailing Co., Ltd. 197,250

James Hardie Industries PLC CDI 658,437

Japan Airlines Co., Ltd. 231,818

Japan Airport Terminal Co., Ltd. 165,146

Japan Exchange Group, Inc. 649,731

Japan Post Bank Co., Ltd. 264,738

Japan Post Holdings Co., Ltd. 1,017,563

Japan Post Insurance Co., Ltd. 270,029

Japan Prime Realty Investment Corp. 259,192

Japan Real Estate Investment Corp. 684,589

Japan Retail Fund Investment Corp. 397,837

Japan Tobacco, Inc. 1,807,109

Jardine Cycle & Carriage, Ltd. 148,496


Jardine Strategic Holdings, Ltd. 480,476

JCDecaux SA 161,942

JD Sports Fashion PLC 339,103

Jeronimo Martins SGPS SA 307,649


JGC Corp. 225,971

Johnson Matthey PLC 472,881

JSR Corp. 242,710

JTEKT Corp. 154,996

Julius Baer Group, Ltd. 795,785

JXTG Holdings, Inc. 960,197

Kajima Corp. 405,657

Kakaku.com, Inc. 254,470

Kamigumi Co., Ltd. 162,120

Kansai Electric Power Co., Inc. 561,477

Kansai Paint Co., Ltd. 301,813

Kao Corp. 2,740,755

Kawasaki Heavy Industries, Ltd. 197,985

KBC Group NV 1,299,395


Keihan Holdings Co., Ltd. 307,615

Keikyu Corp. 288,809

Keio Corp. 416,213

Keisei Electric Railway Co., Ltd. 332,365

Keppel Corp., Ltd. 504,316

Kering SA 3,310,065

Kerry Group PLC, Class A 1,449,740

Kerry Properties, Ltd. 129,254

of 142

Keyence Corp. 4,407,723

Kikkoman Corp. 497,703


Kingspan Group PLC 673,911

Kinnevik AB, Class B 415,814

Kintetsu Group Holdings Co., Ltd. 642,334

KION Group AG 290,765

Kirin Holdings Co., Ltd. 1,276,212

Klepierre SA 479,592

Knorr-Bremse AG 375,995

Kobayashi Pharmaceutical Co., Ltd. 282,958

Koito Manufacturing Co., Ltd. 318,882

Komatsu, Ltd. 1,443,584

Konami Holdings Corp. 258,368

Kone Oyj, Class B 1,560,961

Konica Minolta, Inc. 199,378

Koninklijke Ahold Delhaize NV 2,068,224

Koninklijke DSM NV 1,577,752

Koninklijke KPN NV 713,365


Koninklijke Vopak NV 267,854

Kose Corp. 317,804

Kubota Corp. 1,155,083

Kuehne & Nagel International AG 621,568

Kuraray Co., Ltd. 272,485

Kurita Water Industries, Ltd. 203,703

Kyocera Corp. 1,496,222

Kyowa Kirin Co., Ltd. 406,405

Kyushu Electric Power Co., Inc. 220,705

Kyushu Railway Co. 373,234

L E Lundbergforetagen AB, Class B 234,283

LafargeHolcim, Ltd. 1,784,500

Land Securities Group PLC 617,468

LANXESS AG 355,889

Lawson, Inc. 207,469

Legal & General Group PLC 1,707,276

Legrand SA 1,522,308

LendLease Group 479,267

Leonardo SpA 356,503

LINE Corp. 212,677

Link REIT 1,512,379

Lion Corp. 305,187

LIXIL Group Corp. 313,454

Lloyds Banking Group PLC 3,712,087

London Stock Exchange Group PLC 2,322,408


L'Oreal SA 5,036,248

Lundin Petroleum AB 401,737

LVMH Moet Hennessy Louis Vuitton SE 8,638,621

M&G PLC 576,029

M3, Inc. 920,205

Macquarie Group, Ltd. 2,190,549

Magellan Financial Group, Ltd. 397,176

Makita Corp. 603,269

Mapfre SA 196,130

Mapletree Commercial Trust 246,157



Marui Group Co., Ltd. 310,763

Maruichi Steel Tube, Ltd. 110,378

Mazda Motor Corp. 336,318

McDonald's Holdings Co. Japan, Ltd. 223,613

Mebuki Financial Group, Inc. 139,071

Medibank Private, Ltd. 398,439

Mediobanca Banca di Credito Finanziario SpA 440,704

Medipal Holdings Corp. 275,989

Meggitt PLC 494,309

MEIJI Holdings Co., Ltd. 568,623

Melco Resorts & Entertainment, Ltd. ADR 301,501

Melrose Industries PLC 1,068,288

Mercari, Inc. 94,853

Merck KGaA 1,182,377

Mercury NZ, Ltd. 163,173

Meridian Energy, Ltd. 313,002

METRO AG 179,121

Metso Oyj 265,597


Millicom International Cellular SA SDR 324,632

of 142

Minebea Mitsumi, Inc. 501,959

Mirvac Group 626,171

MISUMI Group, Inc. 500,981


Mitsubishi Corp. 2,466,883

Mitsubishi Electric Corp. 1,791,103

Mitsubishi Estate Co., Ltd. 1,647,347

Mitsubishi Gas Chemical Co., Inc. 171,851

Mitsubishi Heavy Industries, Ltd. 826,573

Mitsubishi Materials Corp. 197,963

Mitsubishi Motors Corp. 175,967

Mitsubishi Tanabe Pharma Corp. 293,749

Mitsubishi UFJ Financial Group, Inc. 4,475,916

Mitsubishi UFJ Lease & Finance Co., Ltd. 180,085

Mitsui & Co., Ltd. 2,097,202

Mitsui Chemicals, Inc. 286,557

Mitsui Fudosan Co., Ltd. 1,678,072

Mitsui OSK Lines, Ltd. 196,498

Mizrahi Tefahot Bank, Ltd. 272,724

Mizuho Financial Group, Inc. 2,530,239

Moncler SpA 554,621

Mondi PLC 706,982

MonotaRO Co., Ltd. 215,717

Mowi ASA 746,139

MS&AD Insurance Group Holdings, Inc. 1,118,228

MTR Corp., Ltd. 613,270

MTU Aero Engines AG 1,126,400

Muenchener Rueckversicherungs-Gesellschaft AG 3,028,969

Murata Manufacturing Co., Ltd. 2,336,708

Nabtesco Corp. 228,329

Nagoya Railroad Co., Ltd. 390,382

National Australia Bank, Ltd. 3,492,074

National Grid PLC 3,296,304

Natixis SA 284,508

Naturgy Energy Group SA 553,960

NEC Corp. 787,640

Neste Oyj 1,197,317

Nestle SA 23,367,537

New World Development Co., Ltd. 543,652

Newcrest Mining, Ltd. 1,100,415

Nexon Co., Ltd. 471,905

Next PLC 858,930

NGK Insulators, Ltd. 310,839

NGK Spark Plug Co., Ltd. 193,389

NH Foods, Ltd. 259,805

NICE, Ltd. 760,918

Nidec Corp. 2,012,818

Nikon Corp. 274,667

Nintendo Co., Ltd. 2,963,085

Nippon Building Fund, Inc. 767,867

Nippon Express Co., Ltd. 291,292

Nippon Paint Holdings Co., Ltd. 497,197

Nippon Prologis REIT, Inc. 407,011

Nippon Shinyaku Co., Ltd. 285,984

Nippon Steel Corp. 793,115

Nippon Telegraph & Telephone Corp. 2,332,190

Nippon Yusen KK 173,249

Nissan Chemical Corp. 364,953

Nissan Motor Co., Ltd. 896,302

Nisshin Seifun Group, Inc. 240,252

Nissin Foods Holdings Co., Ltd. 338,841


Nitto Denko Corp. 623,359

NMC Health PLC 113,661

NN Group NV 756,551

Nokia Oyj 1,563,654


Nomura Holdings, Inc. 1,209,966

Nomura Real Estate Holdings, Inc. 219,312

Nomura Real Estate Master Fund, Inc. 511,868

Nomura Research Institute, Ltd. 536,152

Nordea Bank Abp 1,814,478

Norsk Hydro ASA 301,059



Novozymes A/S, Class B 792,747

NSK, Ltd. 210,707

NTT Data Corp. 629,992

of 142

NTT DOCOMO, Inc. 2,716,018

NWS Holdings, Ltd. 142,554


Obayashi Corp. 504,936

OBIC Co., Ltd. 629,732

Ocado Group PLC 529,800

Odakyu Electric Railway Co., Ltd. 465,103

Oil Search, Ltd. 465,822

Oji Holdings Corp. 309,515

Olympus Corp. 1,334,419

Omron Corp. 785,557

OMV AG 521,871

Ono Pharmaceutical Co., Ltd. 624,280


Orange SA 2,013,011

Orica, Ltd. 407,397

Oriental Land Co., Ltd. 1,853,902

Origin Energy, Ltd. 676,620


ORIX Corp. 1,592,057

Orix JREIT, Inc. 392,524

Orkla ASA 519,044

Orsted A/S 1,466,790

Osaka Gas Co., Ltd. 449,426

Otsuka Corp. 289,469

Otsuka Holdings Co., Ltd. 1,229,694

Oversea-Chinese Banking Corp., Ltd. 1,808,315

Pan Pacific International Holdings Corp. 507,961

Panasonic Corp. 1,561,188

Pandora A/S 367,603

Pargesa Holding SA 220,295

Park24 Co., Ltd. 210,974

Partners Group Holding AG 1,218,837

PCCW, Ltd. 178,346

Pearson PLC 417,167

PeptiDream, Inc. 318,516

Pernod Ricard SA 2,619,442


Persol Holdings Co., Ltd. 226,988

Peugeot SA 868,218

Pigeon Corp. 287,271

Pirelli & C SpA 137,445

Pola Orbis Holdings, Inc. 142,399

Porsche Automobil Holding SE (Preference Shares) 738,610



Prosus NV 2,498,372


Prudential PLC 3,291,061

Prysmian SpA 380,214

Publicis Groupe SA 683,156

Puma SE 474,012

Qantas Airways, Ltd. 220,781

QBE Insurance Group, Ltd. 844,720

QIAGEN NV 540,141

Raiffeisen Bank International AG 240,096

Rakuten, Inc. 474,642

Ramsay Health Care, Ltd. 598,544

Randstad NV 486,508

REA Group, Ltd. 280,560

Reckitt Benckiser Group PLC 4,178,707


Recruit Holdings Co., Ltd. 3,773,471


RELX PLC 3,671,803

Remy Cointreau SA 170,640

Renault SA 531,388

Renesas Electronics Corp. 345,661

Rentokil Initial PLC 812,784

Repsol SA 1,453,006

Resona Holdings, Inc. 610,531

Ricoh Co., Ltd. 539,640

Rinnai Corp. 171,397

Rio Tinto PLC 4,331,293

Rio Tinto, Ltd. 1,719,719


Rohm Co., Ltd. 482,667

Rolls-Royce Holdings PLC 1,086,486

of 142

Royal Bank of Scotland Group PLC 982,798

Royal Dutch Shell PLC, Class A 8,004,553

Royal Dutch Shell PLC, Class B 6,996,243

RSA Insurance Group PLC 532,283

RWE AG 1,444,862

Ryman Healthcare, Ltd. 299,713

Ryohin Keikaku Co., Ltd. 283,289

Safran SA 3,763,970

Sage Group PLC 752,026

Sampo Oyj, Class A 1,428,487

Sands China, Ltd. 832,913

Sandvik AB 1,467,161

Sankyo Co., Ltd. 107,362

Sanofi 7,729,979


Santos, Ltd. 719,008

SAP SE 9,147,841

Sartorius AG (Preference Shares) 590,299

Sartorius Stedim Biotech 354,371

SATS, Ltd. 158,375

SBI Holdings, Inc. 389,659


Schibsted ASA, Class B 198,055

Schindler Holding AG 747,966


Schneider Electric SE 3,942,051

Schroders PLC 374,717

SCOR SE 480,403

SEB SA 207,128

Secom Co., Ltd. 1,311,904

Securitas AB, Class B 350,019

SEEK, Ltd. 354,914

Sega Sammy Holdings, Inc. 170,052

Segro PLC 937,496

Seibu Holdings, Inc. 222,256

Seiko Epson Corp. 291,273

Sekisui Chemical Co., Ltd. 428,079


Sembcorp Industries, Ltd. 107,657

SES SA FDR 318,662

Seven & i Holdings Co., Ltd. 2,055,008

Seven Bank, Ltd. 125,439

Severn Trent PLC 577,957

SG Holdings Co., Ltd. 216,979

SGS SA 1,089,071

Sharp Corp. 205,216

Shimadzu Corp. 442,247

Shimamura Co., Ltd. 120,180


Shimizu Corp. 430,543

Shin-Etsu Chemical Co., Ltd. 2,948,023

Shinsei Bank, Ltd. 210,198

Shionogi & Co., Ltd. 1,141,394

Shiseido Co., Ltd. 1,841,742

Shizuoka Bank, Ltd. 225,753

Showa Denko KK 230,373


Siemens Gamesa Renewable Energy SA 270,147

Siemens Healthineers AG 503,339

Sika AG 1,633,828

Singapore Airlines, Ltd. 239,176

Singapore Exchange, Ltd. 360,309

Singapore Press Holdings, Ltd. 168,228

Singapore Technologies Engineering, Ltd. 329,525

Singapore Telecommunications, Ltd. 1,404,376

Sino Land Co., Ltd. 296,538

SJM Holdings, Ltd. 156,954

Skandinaviska Enskilda Banken AB, Class A 1,143,365

Skanska AB, Class B 559,033

SKF AB, Class B 493,808

SMC Corp. 1,774,002

Smith & Nephew PLC 1,497,065

Smiths Group PLC 630,395

Smurfit Kappa Group PLC 556,488

Snam SpA 777,391

Societe Generale SA 1,865,211

Sodexo SA 658,832

Softbank Corp. 1,636,915

of 142

SoftBank Group Corp. 4,514,518

Sohgo Security Services Co., Ltd. 265,449

Solvay SA 543,118

Sompo Holdings, Inc. 891,654


Sonova Holding AG 991,339

Sony Corp. 6,361,093

Sony Financial Holdings, Inc. 248,004

South32, Ltd. 609,011


Spirax-Sarco Engineering PLC 616,126

Square Enix Holdings Co., Ltd. 321,968

SSE PLC 1,451,557

St James's Place PLC 569,070

Standard Chartered PLC 1,614,100

Standard Life Aberdeen PLC 682,369

Stanley Electric Co., Ltd. 238,364

STMicroelectronics NV 1,359,184

Stockland 550,181

Stora Enso Oyj, Class R 538,934

Straumann Holding AG 700,616

Subaru Corp. 1,092,255

Suez 398,969

SUMCO Corp. 272,696

Sumitomo Chemical Co., Ltd. 450,329

Sumitomo Corp. 1,259,731

Sumitomo Dainippon Pharma Co., Ltd. 193,441

Sumitomo Electric Industries, Ltd. 708,576

Sumitomo Heavy Industries, Ltd. 205,192


Sumitomo Mitsui Financial Group, Inc. 3,315,078

Sumitomo Mitsui Trust Holdings, Inc. 866,440

Sumitomo Realty & Development Co., Ltd. 873,672

Sumitomo Rubber Industries, Ltd. 133,436


Suncorp Group, Ltd. 761,357

Sundrug Co., Ltd. 171,749

Suntec Real Estate Investment Trust 186,471

Suntory Beverage & Food, Ltd. 419,221

Suzuken Co., Ltd. 195,149

Suzuki Motor Corp. 1,189,447

Svenska Handelsbanken AB, Class A 1,073,364

Swatch Group AG 182,372

Swatch Group AG 516,609

Swedbank AB, Class A 988,008

Swedish Match AB 684,666

Swire Pacific, Ltd., Class A 310,914

Swire Properties, Ltd. 257,160

Swiss Life Holding AG 1,201,044

Swiss Prime Site AG 659,939

Swiss Re AG 2,368,363

Swisscom AG 1,011,180

Sydney Airport 434,643

Symrise AG 942,699

Sysmex Corp. 851,140

T&D Holdings, Inc. 418,701

Tabcorp Holdings, Ltd. 445,545

Taiheiyo Cement Corp. 230,418

Taisei Corp. 571,717

Taisho Pharmaceutical Holdings Co., Ltd. 169,540

Taiyo Nippon Sanso Corp. 201,590

Takeda Pharmaceutical Co., Ltd. 4,087,314


TDK Corp. 975,240

Techtronic Industries Co., Ltd. 772,839

Teijin, Ltd. 226,879

Tele2 AB, Class B 535,635

Telecom Italia SpA 349,020

Telecom Italia SpA (RSP) 225,210

Telefonaktiebolaget LM Ericsson, Class B 1,719,503

Telefonica Deutschland Holding AG 192,045

Telefonica SA 2,249,494

Telenet Group Holding NV 152,622

Telenor ASA 928,891

Teleperformance 1,047,312

Telia Co AB 831,931


Temenos AG 747,964

of 142

Tenaris SA 347,586

Terna Rete Elettrica Nazionale SpA 698,906

Terumo Corp. 1,638,344

Tesco PLC 2,277,409

Teva Pharmaceutical Industries, Ltd. ADR 808,590

Thales SA 835,628

THK Co., Ltd. 214,265

thyssenkrupp AG 356,084

Tobu Railway Co., Ltd. 480,683

Toho Co., Ltd. 298,515

Toho Gas Co., Ltd. 204,124

Tohoku Electric Power Co., Inc. 284,088

Tokio Marine Holdings, Inc. 2,463,278

Tokyo Century Corp. 152,774

Tokyo Electric Power Co. Holdings, Inc. 429,424

Tokyo Electron, Ltd. 2,459,473

Tokyo Gas Co., Ltd. 585,268

Tokyu Corp. 626,629

Tokyu Fudosan Holdings Corp. 307,119

Toppan Printing Co., Ltd. 395,824

Toray Industries, Inc. 654,188

Toshiba Corp. 1,119,612

Tosoh Corp. 259,727

TOTAL SA 8,318,719

TOTO, Ltd. 408,661

Toyo Seikan Group Holdings, Ltd. 171,854

Toyo Suisan Kaisha, Ltd. 263,969

Toyoda Gosei Co., Ltd. 103,840

Toyota Industries Corp. 561,231

Toyota Motor Corp. 11,274,708

Toyota Tsusho Corp. 518,249

TPG Telecom, Ltd. 130,550

Transurban Group 1,996,958

Treasury Wine Estates, Ltd. 437,053

Trend Micro, Inc. 471,354

Tryg A/S 260,714

Tsuruha Holdings, Inc. 318,896

TUI AG 320,665

Ubisoft Entertainment SA 458,343

UBS Group AG 3,409,196

UCB SA 828,463

Umicore SA 645,920

Unibail-Rodamco-Westfield 1,335,145

Unicharm Corp. 981,236

UniCredit SpA 1,911,078


Unilever PLC 4,714,882

Uniper SE 469,813

United Internet AG 284,029

United Overseas Bank, Ltd. 1,662,158

United States Treasury Bills 1.53 05/28/2020 8,160,158




United Urban Investment Corp. 378,286

United Utilities Group PLC 651,154

UOL Group, Ltd. 191,654

UPM-Kymmene Oyj 1,200,278

USS Co., Ltd. 283,834

Valeo SA 510,740

Venture Corp., Ltd. 231,028

Veolia Environnement SA 1,130,240

Verbund AG 255,696

Vestas Wind Systems A/S 1,340,234

Vicinity Centres 383,109

Vifor Pharma AG 596,318

Vinci SA 4,024,014

Vitasoy International Holdings, Ltd. 186,965

Vivendi SA 1,663,885

Vodafone Group PLC 3,746,126


Volkswagen AG 424,236

Volkswagen AG (Preference Shares) 2,376,534

Volvo AB, Class B 1,805,086


Wartsila Oyj Abp 387,269

Washington H. Soul Pattinson & Co., Ltd. 120,427


of 142

Welcia Holdings Co., Ltd. 187,818

Wendel SA 257,547

Wesfarmers, Ltd. 2,395,201

West Japan Railway Co. 977,629

Westpac Banking Corp. 4,114,806

WH Group, Ltd. 644,258

Wharf Real Estate Investment Co., Ltd. 442,009

Wheelock & Co., Ltd. 353,430

Whitbread PLC 560,280

Wilmar International, Ltd. 385,197

Wirecard AG 1,234,922

WiseTech Global, Ltd. 166,114

Wix.com, Ltd. 480,723

WM Morrison Supermarkets PLC 409,384

Wolters Kluwer NV 1,495,593

Woodside Petroleum, Ltd. 1,523,885

Woolworths Group, Ltd. 2,454,954

Worldline SA 504,337

Worley, Ltd. 239,444

WPP PLC 1,117,366

Wynn Macau, Ltd. 229,778

Yakult Honsha Co., Ltd. 427,665

Yamada Denki Co., Ltd. 224,887

Yamaha Corp. 514,664

Yamaha Motor Co., Ltd. 365,800

Yamato Holdings Co., Ltd. 351,062

Yamazaki Baking Co., Ltd. 163,821

Yangzijiang Shipbuilding Holdings, Ltd. 114,597

Yara International ASA 458,835

Yaskawa Electric Corp. 588,042

Yokogawa Electric Corp. 281,223

Yokohama Rubber Co., Ltd. 141,853

Yue Yuen Industrial Holdings, Ltd. 142,462

Z Holdings Corp. 740,657

Zalando SE 473,811

ZOZO, Inc. 129,985

Zurich Insurance Group AG 4,423,026

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

mini MSCI EAFE Index Long March 2020 (5,996,425)

VALIC Company I - International Government Bond Fund - (unaudited)

January 31, 2020


Adani Green Energy UP, Ltd./Prayatna Developers Pvt, Ltd./Parampujya Solar Energy 6.25 12/10/2024 248,681

Arab Republic of Egypt 5.63 04/16/2030 580,856





Azure Orbit IV International Finance, Ltd. 3.75 01/25/2023 206,493

Banco de Credito e Inversiones SA 3.50 10/12/2027 525,782

Banco do Brasil SA 4.75 03/20/2024 498,788

BRF SA 4.88 01/24/2030 307,050

CBQ Finance, Ltd. 3.25 06/13/2021 201,600

China Minmetals Corp. 3.75 12/31/2099 434,520

Chinalco Capital Holdings, Ltd. 4.25 04/21/2022 447,657

CNAC HK Finbridge Co., Ltd. 4.13 07/19/2027 215,349

CNAC HK Finbridge Co., Ltd. 5.13 03/14/2028 480,136





CRCC Chengan, Ltd. 3.97 12/31/2099 305,409

Dominican Republic 5.88 01/30/2060 299,850

Dominican Republic 6.60 01/28/2024 444,600

Dominican Republic 6.85 01/27/2045 1,428,750

Ecopetrol SA 5.88 05/28/2045 210,350

Emirate of Abu Dhabi 2.50 10/11/2022 741,191

Emirate of Abu Dhabi 2.50 09/30/2029 608,340

Emirate of Abu Dhabi 3.13 10/11/2027 1,325,000

Empresa Nacional del Petroleo 5.25 11/06/2029 340,821

of 142

Energuate Trust 5.88 05/03/2027 209,500

Equate Petrochemical BV 3.00 03/03/2022 302,064

Export-Import Bank of India 3.38 08/05/2026 577,028

Federal Republic of Germany 0.50 02/15/2028 1,205,770



Federal Republic of Germany 4.75 07/04/2034 97,012

Federal Republic of Nigeria 6.50 11/28/2027 483,395

Federal Republic of Nigeria 7.63 11/28/2047 359,973

Federative Republic of Brazil 4.75 01/14/2050 504,700

Globo Comunicacao e Participacoes SA 4.88 01/22/2030 204,104


Government of France 0.50 05/25/2029 1,243,998






Government of Japan 0.10 06/20/2028 1,409,741
















Government of Mongolia 5.63 05/01/2023 612,600

Government of Romania 3.38 01/28/2050 1,175,592

Government of Romania 6.13 01/22/2044 466,423

Government of Ukraine 7.75 09/01/2023 607,420




GTL Trade Finance, Inc. 7.25 04/16/2044 260,250

Huarong Finance II Co., Ltd. 4.63 06/03/2026 215,037

Kazakhstan Temir Zholy Finance BV 6.95 07/10/2042 565,408

Kingdom of Bahrain 5.63 09/30/2031 447,302



Kingdom of Belgium 1.45 06/22/2037 1,331,955

Kingdom of Saudi Arabia 2.75 02/03/2032 914,550

Kingdom of Saudi Arabia 4.38 04/16/2029 935,584

Kingdom of Spain 1.30 10/31/2026 1,208,553

Kingdom of Spain 2.75 10/31/2024 1,265,735

Kingdom of Spain 4.65 07/30/2025 1,961,177

Kingdom of Spain 5.15 10/31/2044 847,846

Kingdom of Spain 6.00 01/31/2029 674,879

Mexico City Airport Trust 4.25 10/31/2026 644,883

Millicom International Cellular SA 6.63 10/15/2026 220,250

Ooredoo International Finance, Ltd. 3.25 02/21/2023 459,641

Oriental Republic of Uruguay 5.10 06/18/2050 631,250

Pertamina Persero PT 6.50 05/27/2041 384,751

Perusahaan Listrik Negara PT 4.13 05/15/2027 212,750

Petkim Petrokimya Holding AS 5.88 01/26/2023 308,225

Petra Diamonds US Treasury PLC 7.25 05/01/2022 183,000

Petrobras Global Finance BV 6.75 01/27/2041 548,100




Philippine National Bank 3.28 09/27/2024 307,031

PT Pelabuhan Indonesia II 4.25 05/05/2025 424,500

Republic of Chile 3.24 02/06/2028 449,400




Republic of Ecuador 10.75 03/28/2022 801,900

Republic of Ecuador 10.75 01/31/2029 871,200



Republic of Guatemala 4.88 02/13/2028 1,078,500

of 142

Republic of Guatemala 4.90 06/01/2030 430,400

Republic of Honduras 6.25 01/19/2027 887,200








Republic of Ireland 1.00 05/15/2026 721,649





Republic of Italy 2.25 09/01/2036 1,858,549









Republic of Ivory Coast 5.75 12/31/2032 1,303,310

Republic of Ivory Coast 5.88 10/17/2031 586,953



Republic of Kenya 6.88 06/24/2024 650,172

Republic of Panama 3.87 07/23/2060 566,250



Republic of Peru 5.63 11/18/2050 489,600

Republic of Poland 2.25 04/25/2022 706,896

Republic of South Africa 5.38 07/24/2044 338,489




Republic of Sri Lanka 5.75 04/18/2023 720,720



Republic of the Philippines 0.70 02/03/2029 1,107,386

Republic of the Philippines 7.75 01/14/2031 751,360

Republic of Turkey 5.75 05/11/2047 964,800

Republic of Turkey 6.88 03/17/2036 1,054,500

Saka Energi Indonesia PT 4.45 05/05/2024 406,145

Southern Copper Corp. 3.88 04/23/2025 320,581

SPIC Luxembourg Latin America Renewable Energy Investment Co. SARL 4.65 10/30/2023 393,236

State of Kuwait 2.75 03/20/2022 814,000

State of Qatar 2.38 06/02/2021 753,375

State of Qatar 4.50 04/23/2028 1,041,631

State of Qatar 5.10 04/23/2048 951,998


Stillwater Mining Co. 7.13 06/27/2025 319,500

Sultanate of Oman 4.75 06/15/2026 202,076



Termocandelaria Power, Ltd. 7.88 01/30/2029 602,938

Unifin Financiera SAB de CV SOFOM ENR 7.25 09/27/2023 306,675





















of 142






















VALIC Company I - International Growth Fund - (unaudited)

January 31, 2020





Brookfield Asset Management, Inc., Class A 13,836,031

Brookfield Infrastructure Partners LP 17,737,392

Calbee, Inc. 11,305,336

Chocoladefabriken Lindt & Spruengli AG 18,293,623

Chr. Hansen Holding A/S 11,151,252


Diageo PLC 6,354,211

DSV A/S 35,229,349

EPAM Systems, Inc. 30,777,911

Foshan Haitian Flavouring & Food Co., Ltd., Class A 14,343,452

Haidilao International Holding, Ltd. 3,238,517

HDFC Bank, Ltd. 19,192,171



Kotak Mahindra Bank, Ltd. 8,272,168

Kuehne & Nagel International AG 9,812,071

Moncler SpA 30,626,802

Over the Counter Purchased Call Options 06/16/2020 87,940

Over the Counter Purchased Call Options 09/21/2020 137,016

Pernod Ricard SA 8,002,626

Pigeon Corp. 14,545,698

Rational AG 5,206,158

Reckitt Benckiser Group PLC 12,735,894

Remy Cointreau SA 5,372,448

Rightmove PLC 22,734,569


TAL Education Group ADR 15,996,044

Vitrolife AB 13,473,527

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 (390,722)

Call option to sell Chinese Yuan in exchange for U.S. Dollars 8.09 09/21/2020 (337,007)

VALIC Company I - International Socially Responsible Fund - (unaudited)

January 31, 2020


3i Group PLC 1,082,454

ABB, Ltd. 2,532,373

ABN AMRO Group NV CVA 703,017

Accor SA 533,105

Adecco Group AG 388,298


of 142

Aegon NV 649,307

Aena SME SA 841,596

Aeon Co., Ltd. 537,190

AerCap Holdings NV 526,473

Aeroports de Paris 430,059

Ageas 141,307



Air Liquide SA 3,270,485

Ajinomoto Co., Inc. 453,257

Akzo Nobel NV 1,443,919

Alcon, Inc. 1,368,106

Amadeus IT Group SA 1,369,521

Amcor PLC CDI 629,104


Aozora Bank, Ltd. 61,803

APA Group 561,602

Arkema SA 321,965


Ashtead Group PLC 1,018,274


Assa Abloy AB, Class B 763,653

Assicurazioni Generali SpA 2,089,033


ASX, Ltd. 518,430

Atlas Copco AB, Class B 1,164,548

Atos SE 346,376

Auckland International Airport, Ltd. 160,343



Aviva PLC 2,031,784

AXA SA 3,075,358

Baloise Holding AG 574,439


Banco Espirito Santo SA 0

Bank Hapoalim B.M. 498,379

Bank Leumi Le-Israel B.M. 534,795

Bankia SA 233,038

Bankinter SA 188,410


Beiersdorf AG 894,721


BGP Holdings PLC 0

BOC Hong Kong Holdings, Ltd. 418,170

Boliden AB 635,548

Bouygues SA 847,611


Brenntag AG 125,094

Bridgestone Corp. 936,416

British Land Co. PLC 1,051,971

BT Group PLC 965,094

Bunzl PLC 691,765


Bureau Veritas SA 323,583

CaixaBank SA 505,800

Caltex Australia, Ltd. 532,118

Canon, Inc. 1,088,272

Capgemini SE 918,344

CapitaLand, Ltd. 691,653

Carrefour SA 529,942

Casino Guichard Perrachon SA 157,289

Central Japan Railway Co. 1,271,944

Centrica PLC 478,803


Chiba Bank, Ltd. 42,611

Chr. Hansen Holding A/S 192,227

Chubu Electric Power Co., Inc. 379,083



Cie Generale des Etablissements Michelin SCA 969,083

City Developments, Ltd. 205,642

CK Asset Holdings, Ltd. 663,124

CNH Industrial NV 651,439

CNP Assurances 446,788


Coca-Cola European Partners PLC 369,112

Coca-Cola HBC AG 904,119


of 142


Commerzbank AG 258,949

Compass Group PLC 1,990,867

Computershare, Ltd. 194,807


Continental AG 650,879

Covestro AG 224,845

Covivio 544,068

CRH PLC 1,198,284

Croda International PLC 898,226

CSL, Ltd. 3,344,516

Dai Nippon Printing Co., Ltd. 157,660

Dai-ichi Life Holdings, Inc. 520,675


Daikin Industries, Ltd. 1,041,345

Daiwa House Industry Co., Ltd. 575,746

Danone SA 3,132,013

Dassault Systemes SE 949,353

DBS Group Holdings, Ltd. 1,544,798

DCC PLC 645,471

Demant A/S 84,627

Denso Corp. 860,406

Dentsu, Inc. 248,408

Deutsche Boerse AG 1,083,921

Deutsche Wohnen SE 729,429

Dexus 237,252


DSV A/S 565,322

East Japan Railway Co. 1,406,881

Edenred 526,423

EDP - Energias de Portugal SA 973,717

Eiffage SA 1,190,652

Eisai Co., Ltd. 773,289

Elisa Oyj 290,509


Enagas SA 797,342

Epiroc AB, Class A 264,041


Erste Group Bank AG 452,681

EssilorLuxottica SA 1,976,886

Essity AB, Class B 1,206,640

Eurazeo SE 361,739

Eutelsat Communications SA 168,392

Evraz PLC 312,930

EXOR NV 592,916

Experian PLC 1,800,943

FANUC Corp. 1,037,005


Ferrari NV 801,037


Fletcher Building, Ltd. 49,893


Fraport AG Frankfurt Airport Services Worldwide 108,324

Fresnillo PLC 291,915

FUJIFILM Holdings Corp. 598,462

Galp Energia SGPS SA 945,713

Geberit AG 1,075,484

Gecina SA 714,648

Genmab A/S 468,222

Getlink SE 463,369

Givaudan SA 1,828,315

Goodman Group 502,936

GPT Group 245,664

Grifols SA 646,614

Groupe Bruxelles Lambert SA 1,271,850

Halma PLC 555,464

Hang Lung Properties, Ltd. 179,193

Hang Seng Bank, Ltd. 444,450

Hankyu Hanshin Holdings, Inc. 373,789

Hannover Rueck SE 319,648


HeidelbergCement AG 528,537

Henderson Land Development Co., Ltd. 477,125

Henkel AG & Co. KGaA 389,973


Hennes & Mauritz AB, Class B 602,905


Hexagon AB, Class B 299,860

of 142

Hisamitsu Pharmaceutical Co., Inc. 287,112


Hitachi, Ltd. 985,237

Hong Kong & China Gas Co., Ltd. 956,839

Hong Kong Exchanges & Clearing, Ltd. 978,515

Hongkong Land Holdings, Ltd. 290,927

Hoya Corp. 1,028,530

ICADE 105,244

Idemitsu Kosan Co., Ltd. 232,067

Iliad SA 94,807

Industrivarden AB, Class C 70,634

Infineon Technologies AG 500,636

Informa PLC 1,182,251

Inpex Corp. 589,093

Insurance Australia Group, Ltd. 290,647

InterContinental Hotels Group PLC 1,039,734


Investec PLC 445,447

Investor AB, Class B 2,336,892

Ipsen SA 243,479

Isuzu Motors, Ltd. 189,822

ITV PLC 606,467

J Sainsbury PLC 659,166

Jardine Cycle & Carriage, Ltd. 226,986


Jardine Strategic Holdings, Ltd. 268,269


John Wood Group PLC 432,519

Johnson Matthey PLC 568,557

Julius Baer Group, Ltd. 677,260

JXTG Holdings, Inc. 667,017

Kajima Corp. 285,227

Kao Corp. 1,382,363

KBC Group NV 901,382


Keikyu Corp. 7,359

Keio Corp. 114,031

Keppel Corp., Ltd. 590,561

Kerry Group PLC, Class A 1,280,088



Kintetsu Group Holdings Co., Ltd. 405,408

Klepierre SA 457,727

Komatsu, Ltd. 641,593

Kone Oyj, Class B 955,366

Koninklijke DSM NV 956,506

Koninklijke KPN NV 503,759

Koninklijke Vopak NV 887,651

Kubota Corp. 497,693

Kuehne & Nagel International AG 562,017

Kyocera Corp. 406,867

Kyowa Kirin Co., Ltd. 589,639

Land Securities Group PLC 1,385,036

LANXESS AG 85,765

Legal & General Group PLC 1,883,802

Legrand SA 1,156,030

Link REIT 509,167

LIXIL Group Corp. 49,755

London Stock Exchange Group PLC 1,932,885



Macquarie Group, Ltd. 1,539,194



Mazda Motor Corp. 339,648

Mediobanca Banca di Credito Finanziario SpA 561,074

MEIJI Holdings Co., Ltd. 484,382

Melrose Industries PLC 703,279

Merck KGaA 1,541,733

Metso Oyj 139,965



Mitsubishi Corp. 1,399,013

Mitsubishi Electric Corp. 793,439

Mitsubishi Estate Co., Ltd. 820,735

Mitsubishi Tanabe Pharma Corp. 730,701

Mitsui & Co., Ltd. 1,623,640

Mitsui Fudosan Co., Ltd. 980,417

of 142

Mondi PLC 579,183

Mowi ASA 685,876

MS&AD Insurance Group Holdings, Inc. 433,396

MTR Corp., Ltd. 431,249


Murata Manufacturing Co., Ltd. 839,844

National Grid PLC 2,967,917

Natixis SA 562,461

Neste Oyj 925,512

New World Development Co., Ltd. 405,245

Newcrest Mining, Ltd. 845,519

Next PLC 877,784

NGK Spark Plug Co., Ltd. 22,649

NICE, Ltd. 388,466

Nidec Corp. 835,509

Nikon Corp. 13,251

Nintendo Co., Ltd. 1,185,234

Nippon Steel Corp. 1,542,091

Nippon Telegraph & Telephone Corp. 1,273,030

Nisshin Seifun Group, Inc. 279,442


NN Group NV 983,175

Nokia Oyj 763,098


Nordea Bank Abp 1,174,087


Novozymes A/S, Class B 223,606

NTT DOCOMO, Inc. 1,219,203


Oil Search, Ltd. 752,077

OMV AG 765,543

Ono Pharmaceutical Co., Ltd. 813,176

Oriental Land Co., Ltd. 705,005

Origin Energy, Ltd. 666,930


ORIX Corp. 993,768

Orkla ASA 766,407

Orsted A/S 805,835

Osaka Gas Co., Ltd. 472,992

Otsuka Holdings Co., Ltd. 1,313,738

Oversea-Chinese Banking Corp., Ltd. 1,237,433

Panasonic Corp. 652,193

Pandora A/S 192,510

Pargesa Holding SA 881,420

Partners Group Holding AG 1,095,027

Pearson PLC 493,345





Publicis Groupe SA 511,112

QBE Insurance Group, Ltd. 334,815

QIAGEN NV 654,540

Rakuten, Inc. 210,177

Ramsay Health Care, Ltd. 488,663


Recruit Holdings Co., Ltd. 1,185,039


RELX PLC 2,513,558


Repsol SA 2,270,138

Resona Holdings, Inc. 402,508

RSA Insurance Group PLC 609,946

Ryohin Keikaku Co., Ltd. 83,615

Sage Group PLC 784,390

Sampo Oyj, Class A 1,150,827

Sandvik AB 662,395


Santos, Ltd. 626,125

SAP SE 4,369,905

Sartorius Stedim Biotech 473,636




Schneider Electric SE 2,380,267

Schroders PLC 748,629

SCOR SE 251,191

Secom Co., Ltd. 572,307

of 142

Segro PLC 1,646,621


SES SA FDR 123,837

SGS SA 993,742


Shin-Etsu Chemical Co., Ltd. 1,263,438

Shionogi & Co., Ltd. 968,996

Shiseido Co., Ltd. 827,169

Shizuoka Bank, Ltd. 31,452

Siemens Healthineers AG 650,109

Sika AG 1,126,362

Singapore Telecommunications, Ltd. 970,995

Skandinaviska Enskilda Banken AB, Class A 749,992

SMC Corp. 649,025

Smith & Nephew PLC 1,377,723

Smiths Group PLC 1,041,850

Snam SpA 1,527,186

Societe BIC SA 75,568

Sodexo SA 446,724

Softbank Corp. 744,302

SoftBank Group Corp. 1,886,785

Solvay SA 374,752


Sonova Holding AG 581,753

Sony Corp. 2,502,264


Spirax-Sarco Engineering PLC 613,420

SSE PLC 1,680,284

St James's Place PLC 879,202

STMicroelectronics NV 432,066

Stockland 278,894

Stora Enso Oyj, Class R 392,745

Straumann Holding AG 432,397

Suez 544,389

Sumitomo Chemical Co., Ltd. 190,328

Sumitomo Corp. 948,153

Sumitomo Dainippon Pharma Co., Ltd. 145,509

Sumitomo Electric Industries, Ltd. 569,769


Sumitomo Mitsui Financial Group, Inc. 2,403,957

Sumitomo Mitsui Trust Holdings, Inc. 770,984

Sumitomo Realty & Development Co., Ltd. 645,117


Suncorp Group, Ltd. 516,862

Suntory Beverage & Food, Ltd. 359,937

Svenska Handelsbanken AB, Class A 943,032

Swatch Group AG 1,001,840

Swire Pacific, Ltd., Class A 271,502

Swire Properties, Ltd. 167,525

Swiss Life Holding AG 1,498,163

Swiss Prime Site AG 2,049,697

Swiss Re AG 2,367,459

Swisscom AG 1,568,920

Sydney Airport 448,485

Symrise AG 391,770

Sysmex Corp. 336,164

Taisho Pharmaceutical Holdings Co., Ltd. 402,657


Telefonaktiebolaget LM Ericsson, Class B 733,273

Telefonica Deutschland Holding AG 78,720

Telefonica SA 1,671,030

Telenor ASA 666,913

Teleperformance 532,578


Temenos AG 393,216

Tenaris SA 585,496

Terna Rete Elettrica Nazionale SpA 988,818

Terumo Corp. 681,751

Tobu Railway Co., Ltd. 141,377

Tohoku Electric Power Co., Inc. 167,276

Tokio Marine Holdings, Inc. 1,017,794

Tokyo Electron, Ltd. 658,787

Tokyo Gas Co., Ltd. 545,812

Tokyu Corp. 325,636

Toppan Printing Co., Ltd. 161,114

Toray Industries, Inc. 279,323

TOTO, Ltd. 32,369

Toyota Industries Corp. 480,285

of 142

Toyota Motor Corp. 6,494,232

Toyota Tsusho Corp. 178,470

Transurban Group 1,384,621

TUI AG 353,612

UCB SA 1,363,850

Umicore SA 229,741

Unibail-Rodamco-Westfield 991,082

Unicharm Corp. 721,397

United Overseas Bank, Ltd. 1,228,067


United Utilities Group PLC 1,187,681

UPM-Kymmene Oyj 845,946

Veolia Environnement SA 1,105,763

Vestas Wind Systems A/S 531,706

Vicinity Centres 280,204

Vifor Pharma AG 860,571


Volvo AB, Class B 1,034,579



Wendel SA 269,442

West Japan Railway Co. 632,087

WH Group, Ltd. 318,813

Wharf Real Estate Investment Co., Ltd. 251,842

Wheelock & Co., Ltd. 444,835

Whitbread PLC 837,268

Wirecard AG 490,626

WM Morrison Supermarkets PLC 873,586

Wolters Kluwer NV 842,554

Woodside Petroleum, Ltd. 1,650,147

Worldline SA 226,863

WPP PLC 897,082

Yakult Honsha Co., Ltd. 316,975

Yamazaki Baking Co., Ltd. 165,726

Yara International ASA 307,311

Z Holdings Corp. 320,061

Zurich Insurance Group AG 4,595,940

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

MSCI EAFE Long March 2020 (1,036,725)

VALIC Company I - International Value Fund - (unaudited)

January 31, 2020



Alps Alpine Co., Ltd. 8,489,669

Berry Global Group, Inc. 17,489,964

BP PLC 16,584,347

Check Point Software Technologies, Ltd. 20,122,332

China Mobile, Ltd. 7,577,161


CIMB Group Holdings Bhd 15,407,089

Cosan, Ltd., Class A 4,464,013

Daiwa Securities Group, Inc. 20,938,436

DNB ASA 20,901,808

Eni SpA 17,967,281

Fresnillo PLC 6,105,458

Gentex Corp. 13,350,089

Greencore Group PLC 12,859,201

Hana Financial Group, Inc. 3,901,609

Hitachi, Ltd. 23,187,430

Hollysys Automation Technologies, Ltd. 13,558,140

Home Capital Group, Inc. 8,198,613

John Wood Group PLC 23,463,351

Keppel Corp., Ltd. 17,201,794

Kingfisher PLC 7,945,750


LafargeHolcim, Ltd. 23,209,092

Lundin Mining Corp. 16,009,092

Man Group PLC 4,357,202

Melrose Industries PLC 17,900,975

METRO AG 5,098,972

of 142

Midea Group Co., Ltd. 20,807,377

Mitsubishi UFJ Financial Group, Inc. 19,779,672

Mobile TeleSystems PJSC ADR 11,728,812


NN Group NV 17,019,993


OCI NV 11,961,960

Orange SA 10,157,464

Origin Energy, Ltd. 3,814,079

Prysmian SpA 18,463,172

Rheinmetall AG 3,249,455


SAP SE 9,487,823

Sensata Technologies Holding PLC 8,611,507

Shanghai Pharmaceuticals Holding Co., Ltd. 11,303,704

Siam Commercial Bank PCL 9,877,658


SK Telecom Co., Ltd. 10,763,941

Smiths Group PLC 25,591,581


Takeda Pharmaceutical Co., Ltd. 20,252,351

Xinyi Glass Holdings, Ltd. 16,570,592

Zee Telefilms, Ltd. 11,321,602



Unrealized

Appreciation

(Depreciation) ($)

BOUGHT GBP/SOLD USD 03/09/2020 48,293

BOUGHT GBP/SOLD USD 03/09/2020 (122,339)

BOUGHT GBP/SOLD USD 03/09/2020 (430,177)



SOLD GBP/BOUGHT USD 03/09/2020 (52,291)

VALIC Company I - Large Cap Core Fund - (unaudited)

January 31, 2020



Activision Blizzard, Inc. 2,475,985

Adobe, Inc. 2,521,185



Allergan PLC 1,579,908




American Electric Power Co., Inc. 1,680,548



Aon PLC 1,613,772

Apple, Inc. 9,931,557

Aramark 1,041,792

AT&T, Inc. 2,410,313

Autodesk, Inc. 931,101



BlackRock, Inc. 2,867,202

Boeing Co. 572,886

Canadian Natural Resources, Ltd. 1,321,547



CDK Global, Inc. 849,486








Corning, Inc. 1,526,268



DENTSPLY SIRONA, Inc. 1,818,600


of 142

DXC Technology Co. 707,449

eBay, Inc. 2,484,950



Emerson Electric Co. 1,825,491

EOG Resources, Inc. 1,445,659










L3Harris Technologies, Inc. 971,639





Marvell Technology Group, Ltd. 744,519





Mohawk Industries, Inc. 491,166



Newmont Goldcorp Corp. 2,055,637




Palo Alto Networks, Inc. 1,307,725



Schlumberger, Ltd. 537,333


Spirit AeroSystems Holdings, Inc., Class A 588,860

Sysco Corp. 756,017


Uber Technologies, Inc. 751,566



VALIC Company I - Large Capital Growth Fund - (unaudited)

January 31, 2020




adidas AG 2,611,795



Amphenol Corp., Class A 8,656,377


Aon PLC 16,315,900

Apple, Inc. 20,331,402


Blackstone Group, Inc., Class A 8,478,470

Canadian Pacific Railway, Ltd. 144,601


Church & Dwight Co., Inc. 8,358,137



Colgate-Palmolive Co. 10,586,028



Dollarama, Inc. 5,586,881

Ecolab, Inc. 7,220,770




Estee Lauder Cos., Inc., Class A 4,695,745





of 142

LVMH Moet Hennessy Louis Vuitton SE 8,355,502






Moody's Corp. 8,554,702

Nestle SA 4,847,842


Nordson Corp. 8,915,977


PPG Industries, Inc. 8,464,419






TE Connectivity, Ltd. 7,766,902



TJX Cos., Inc. 10,412,235



Verisk Analytics, Inc. 6,316,346

VF Corp. 5,345,176



Waters Corp. 10,083,977

Zoetis, Inc. 3,720,570

VALIC Company I - Mid Cap Index Fund - (unaudited)

January 31, 2020


Aaron's, Inc. 7,057,310

Acadia Healthcare Co., Inc. 5,038,273

ACI Worldwide, Inc. 7,050,640

Acuity Brands, Inc. 8,268,698

Adient PLC 3,962,297

Adtalem Global Education, Inc. 3,299,018

AECOM 13,413,438

Affiliated Managers Group, Inc. 6,965,635

AGCO Corp. 7,783,997

Alexander & Baldwin, Inc. 2,628,752

Alleghany Corp. 20,325,972

Allegheny Technologies, Inc. 3,850,683

ALLETE, Inc. 7,636,416

Allscripts Healthcare Solutions, Inc. 2,466,424

AMC Networks, Inc., Class A 2,855,154


American Campus Communities, Inc. 11,158,749

American Eagle Outfitters, Inc. 4,049,179

American Financial Group, Inc. 14,415,980

Antero Midstream Corp. 2,650,319

Apergy Corp. 3,546,415

AptarGroup, Inc. 13,073,422

Aqua America, Inc. 19,848,196

Arcosa, Inc. 44

Arrow Electronics, Inc. 10,950,700

Arrowhead Pharmaceuticals, Inc. 7,427,835

ASGN, Inc. 6,327,661

Ashland Global Holdings, Inc. 7,888,561

Associated Banc-Corp. 5,622,412

AutoNation, Inc. 4,424,115

Avanos Medical, Inc. 2,336,934

Avis Budget Group, Inc. 3,301,058

Avnet, Inc. 6,522,551

Axon Enterprise, Inc. 8,069,735

BancorpSouth Bank 4,853,529

Bank of Hawaii Corp. 6,388,749

Bank OZK 5,817,091

Bed Bath & Beyond, Inc. 3,193,126

Belden, Inc. 3,370,511

Bio-Rad Laboratories, Inc., Class A 13,806,995

Bio-Techne Corp. 14,167,936

BJ's Wholesale Club Holdings, Inc. 4,438,291

Black Hills Corp. 9,033,830

of 142

Blackbaud, Inc. 6,821,133

Boston Beer Co., Inc., Class A 5,815,052

Boyd Gaming Corp. 4,229,894

Brighthouse Financial, Inc. 7,525,088

Brinker International, Inc. 2,824,541

Brink's Co. 7,456,456

Brixmor Property Group, Inc. 10,525,367

Brown & Brown, Inc. 18,589,453

Brunswick Corp. 9,076,986

Cable One, Inc. 15,162,459

Cabot Corp. 4,019,948

Cabot Microelectronics Corp. 7,497,694

CACI International, Inc., Class A 11,857,220

Caesars Entertainment Corp. 13,508,106

Camden Property Trust 19,274,662

Cantel Medical Corp. 4,315,755

Carlisle Cos., Inc. 15,675,650

Carpenter Technology Corp. 3,357,474

Carter's, Inc. 8,290,431

Casey's General Stores, Inc. 10,475,686


Cathay General Bancorp 4,834,276

CDK Global, Inc. 11,537,442

Ceridian HCM Holding, Inc. 13,077,501

Charles River Laboratories International, Inc. 13,366,069

Cheesecake Factory, Inc. 2,791,718

Chemed Corp. 13,237,315

Chemours Co. 4,014,963

Chesapeake Energy Corp. 1,062,423

Choice Hotels International, Inc. 5,635,348

Churchill Downs, Inc. 9,061,722

Ciena Corp. 11,138,781

Cinemark Holdings, Inc. 5,947,197

Cirrus Logic, Inc. 7,860,044

CIT Group, Inc. 7,665,704

Clean Harbors, Inc. 7,474,045

CNO Financial Group, Inc. 4,706,855

CNX Resources Corp. 2,388,387

Cognex Corp. 15,421,738

Coherent, Inc. 6,047,547

Colfax Corp. 5,204,489

Columbia Sportswear Co. 4,828,145

Commerce Bancshares, Inc. 12,423,323

Commercial Metals Co. 4,316,815

CommVault Systems, Inc. 3,351,964

Compass Minerals International, Inc. 3,472,821

Core Laboratories NV 2,759,953

CoreCivic, Inc. 3,363,121

CoreLogic, Inc. 6,546,503

CoreSite Realty Corp. 7,836,616

Corporate Office Properties Trust 5,906,219

Cousins Properties, Inc. 10,635,087

Cracker Barrel Old Country Store, Inc. 6,514,359

Crane Co. 7,713,791

Cree, Inc. 8,865,457

Cullen/Frost Bankers, Inc. 8,987,239

Curtiss-Wright Corp. 10,991,454

Cypress Semiconductor Corp. 15,254,460

CyrusOne, Inc. 12,195,314

Dana, Inc. 3,926,715

Deckers Outdoor Corp. 9,455,772

Delphi Technologies PLC 2,337,617

Deluxe Corp. 3,592,828

Dick's Sporting Goods, Inc. 4,980,033

Dillard's, Inc., Class A 1,059,685

Diversified Healthcare Trust 3,251,579

Domino's Pizza, Inc. 20,402,081

Domtar Corp. 3,530,713

Donaldson Co., Inc. 11,618,081

Douglas Emmett, Inc. 12,110,572

Dunkin' Brands Group, Inc. 11,453,460

Dycom Industries, Inc. 2,255,921

Eagle Materials, Inc. 6,719,776

East West Bancorp, Inc. 11,818,606


Eaton Vance Corp. 9,164,457

Edgewell Personal Care Co. 2,477,971

Eldorado Resorts, Inc. 6,914,035

of 142

EMCOR Group, Inc. 8,169,013

Encompass Health Corp. 13,446,896

Energizer Holdings, Inc. 5,269,153

EnerSys 5,387,285

EPR Properties 9,913,721

EQT Corp. 2,738,254

Equitrans Midstream Corp. 3,489,033

Etsy, Inc. 10,239,313

Evercore, Inc., Class A 5,302,104


FactSet Research Systems, Inc. 19,220,870

Fair Isaac Corp. 20,632,437

Federated Investors, Inc., Class B 6,162,506

First American Financial Corp. 12,326,954

First Financial Bankshares, Inc. 8,061,795

First Horizon National Corp. 8,814,880

First Industrial Realty Trust, Inc. 9,597,380

First Solar, Inc. 6,661,817

FirstCash, Inc. 6,571,540

Five Below, Inc. 11,159,756


Flowers Foods, Inc. 7,336,843

Fluor Corp. 4,439,797

FNB Corp. 6,713,343

Foot Locker, Inc. 7,195,619

FTI Consulting, Inc. 7,998,877

Fulton Financial Corp. 4,785,704

GATX Corp. 4,730,947


Genworth Financial, Inc., Class A 3,653,490

GEO Group, Inc. 3,392,450

Globus Medical, Inc., Class A 7,124,562

Goodyear Tire & Rubber Co. 5,406,199

Graco, Inc. 15,693,919

Graham Holdings Co., Class B 4,229,543

Grand Canyon Education, Inc. 6,683,546

Green Dot Corp., Class A 2,523,080

Greif, Inc., Class A 1,879,085

GrubHub, Inc. 8,767,210

Haemonetics Corp. 9,636,319

Hain Celestial Group, Inc. 3,443,461

Hancock Whitney Corp. 6,136,174

Hanover Insurance Group, Inc. 9,664,846

Hawaiian Electric Industries, Inc. 9,436,304

Healthcare Realty Trust, Inc. 8,538,070

Healthcare Services Group, Inc. 3,359,334

HealthEquity, Inc. 8,289,737

Helen of Troy, Ltd. 8,422,556

Herman Miller, Inc. 4,041,244

Highwoods Properties, Inc. 9,203,904

Hill-Rom Holdings, Inc. 12,587,012

HNI Corp. 2,727,173

Home BancShares, Inc. 5,252,283

Hubbell, Inc. 13,791,330


IDACORP, Inc. 10,010,265

II-VI, Inc. 5,195,897

Ingevity Corp. 4,829,411

Ingredion, Inc. 10,401,864

Insperity, Inc. 5,815,871

Integra LifeSciences Holdings Corp. 6,944,837

Interactive Brokers Group, Inc., Class A 6,386,407

InterDigital, Inc. 3,045,380

International Bancshares Corp. 4,002,016

ITT, Inc. 10,415,445

j2 Global, Inc. 7,856,781

Jabil, Inc. 9,564,840

Jack in the Box, Inc. 3,423,281

Janus Henderson Group PLC 6,962,087

JBG SMITH Properties 8,473,734

Jefferies Financial Group, Inc. 9,650,704

JetBlue Airways Corp. 10,135,510

John Wiley & Sons, Inc., Class A 3,378,543

Jones Lang LaSalle, Inc. 15,494,377

KAR Auction Services, Inc. 4,792,287

KB Home 5,695,359

KBR, Inc. 6,824,426

Kemper Corp. 8,254,369

of 142

Kennametal, Inc. 4,590,087

Kilroy Realty Corp. 14,257,692

Kirby Corp. 7,778,488

Knight-Swift Transportation Holdings, Inc. 8,065,901


Lancaster Colony Corp. 5,418,317

Landstar System, Inc. 7,737,770

Lear Corp. 12,000,688

Legg Mason, Inc. 5,655,609

LendingTree, Inc. 4,225,474

Lennox International, Inc. 14,463,165

Liberty Property Trust 17,499,899

Life Storage, Inc. 9,347,763

Ligand Pharmaceuticals, Inc. 2,730,452

Lincoln Electric Holdings, Inc. 9,654,805

Littelfuse, Inc. 7,629,244

LivaNova PLC 5,824,349

LiveRamp Holdings, Inc. 4,822,885

LogMeIn, Inc. 7,429,957

Louisiana-Pacific Corp. 6,379,753

Lumentum Holdings, Inc. 10,356,168

Macerich Co. 4,352,257

Mack-Cali Realty Corp. 3,520,671

Manhattan Associates, Inc. 9,668,432

ManpowerGroup, Inc. 9,550,641

Marriott Vacations Worldwide Corp. 7,965,419

Masimo Corp. 14,817,975

MasTec, Inc. 6,165,506

Matador Resources Co. 2,847,696

Mattel, Inc. 8,980,523

MAXIMUS, Inc. 8,127,266

MDU Resources Group, Inc. 10,504,769

Medical Properties Trust, Inc. 20,291,704

MEDNAX, Inc. 3,443,105

Mercury General Corp. 2,357,400

Mercury Systems, Inc. 7,546,521

Meredith Corp. 2,138,628

Minerals Technologies, Inc. 3,340,308

MKS Instruments, Inc. 10,115,969


Monolithic Power Systems, Inc. 12,242,592

MSA Safety, Inc. 8,555,953

MSC Industrial Direct Co., Inc., Class A 5,428,583

Murphy Oil Corp. 5,542,872

Murphy USA, Inc. 5,230,287

National Fuel Gas Co. 6,600,944

National Instruments Corp. 9,320,128

National Retail Properties, Inc. 17,017,112

Navient Corp. 4,952,127

NCR Corp. 7,617,685

Nektar Therapeutics 6,194,979

NetScout Systems, Inc. 2,997,735

New Jersey Resources Corp. 6,986,551

New York Community Bancorp, Inc. 9,151,309

New York Times Co., Class A 8,146,897

NewMarket Corp. 5,747,592

Nordson Corp. 15,296,521

NorthWestern Corp. 6,874,499

NOW, Inc. 1,928,186

Nu Skin Enterprises, Inc., Class A 3,204,998

NuVasive, Inc. 7,110,078

nVent Electric PLC 6,860,324

OGE Energy Corp. 16,249,378

O-I Glass, Inc. 3,477,290

Old Republic International Corp. 11,392,486

Olin Corp. 4,203,600

Ollie's Bargain Outlet Holdings, Inc. 5,135,333

Omega Healthcare Investors, Inc. 16,228,274

ONE Gas, Inc. 8,823,276

Oshkosh Corp. 10,367,132

Owens Corning 11,650,495

PacWest Bancorp 7,436,033

Papa John's International, Inc. 2,528,104

Park Hotels & Resorts, Inc. 9,298,699

Patterson Cos., Inc. 3,356,987

Patterson-UTI Energy, Inc. 2,734,758

PBF Energy, Inc., Class A 4,923,610


of 142

Penn National Gaming, Inc. 5,754,386

Penumbra, Inc. 9,978,235

Perspecta, Inc. 6,833,698

Pilgrim's Pride Corp. 2,417,153

Pinnacle Financial Partners, Inc. 7,525,543

PNM Resources, Inc. 7,647,732

Polaris, Inc. 9,349,863

PolyOne Corp. 4,518,287

Pool Corp. 15,545,081

Post Holdings, Inc. 12,305,066

PotlatchDeltic Corp. 5,117,516


Prestige Consumer Healthcare, Inc. 3,607,204

Primerica, Inc. 8,681,675

Prosperity Bancshares, Inc. 11,733,088

PS Business Parks, Inc. 5,941,678

PTC, Inc. 15,296,407

Rayonier, Inc. 6,955,288

Regal Beloit Corp. 5,687,252

Reinsurance Group of America, Inc. 15,967,943

Reliance Steel & Aluminum Co. 13,547,892

RenaissanceRe Holdings, Ltd. 14,811,745

Repligen Corp. 8,327,451

Resideo Technologies, Inc. 2,213,580

RH 6,038,094

RLI Corp. 6,570,970

Royal Gold, Inc. 13,391,881

RPM International, Inc. 16,386,052

Ryder System, Inc. 4,502,430

Sabra Health Care REIT, Inc. 7,373,146

Sabre Corp. 10,444,811

Sally Beauty Holdings, Inc. 3,161,333

Sanderson Farms, Inc. 4,806,345

Science Applications International Corp. 7,624,404

Scientific Games Corp. 2,378,604

Scotts Miracle-Gro Co. 8,609,966

SEI Investments Co. 14,582,869

Selective Insurance Group, Inc. 6,967,446

Semtech Corp. 5,652,012

Sensient Technologies Corp. 4,476,709

Service Corp. International 15,517,052

Service Properties Trust 6,287,441

Signature Bank 13,562,556

Silgan Holdings, Inc. 4,236,368

Silicon Laboratories, Inc. 7,549,225

Six Flags Entertainment Corp. 5,306,590

Skechers U.S.A., Inc., Class A 8,864,758

SLM Corp. 8,161,947

SolarEdge Technologies, Inc. 8,422,223

Sonoco Products Co. 10,126,294

Southwest Gas Holdings, Inc. 7,302,799

Spire, Inc. 7,610,049

Spirit Realty Capital, Inc. 9,319,206

Sprouts Farmers Market, Inc. 3,269,171

Steel Dynamics, Inc. 11,397,666

Stericycle, Inc. 10,112,666

Sterling Bancorp 7,154,260

Stifel Financial Corp. 7,830,919

Synaptics, Inc. 3,951,182

Syneos Health, Inc. 6,765,554

SYNNEX Corp. 9,965,696

Synovus Financial Corp. 9,085,974

Taubman Centers, Inc. 2,863,585

TCF Financial Corp. 11,483,248

Tech Data Corp. 9,027,197

TEGNA, Inc. 6,489,921

Teledyne Technologies, Inc. 23,571,194

Telephone & Data Systems, Inc. 3,927,178

Tempur Sealy International, Inc. 7,370,096

Tenet Healthcare Corp. 5,819,893

Teradata Corp. 4,847,944

Teradyne, Inc. 19,578,507

Terex Corp. 2,944,022

Tetra Tech, Inc. 8,272,898

Texas Capital Bancshares, Inc. 4,896,441

Texas Roadhouse, Inc. 7,219,500

Thor Industries, Inc. 7,868,978

Timken Co. 6,304,756

of 142

Toll Brothers, Inc. 10,146,596

Tootsie Roll Industries, Inc. 1,013,238

Toro Co. 15,102,495

Transocean, Ltd. 4,643,348

TreeHouse Foods, Inc. 4,438,726

Trex Co., Inc. 10,146,522

TRI Pointe Group, Inc. 4,008,334

Trimble, Inc. 18,754,764

Trinity Industries, Inc. 3,532,683

TripAdvisor, Inc. 5,082,176

Trustmark Corp. 3,638,333

Tyler Technologies, Inc. 22,341,365

UGI Corp. 15,390,172

UMB Financial Corp. 5,083,193

Umpqua Holdings Corp. 6,589,040

United Bankshares, Inc. 6,165,631

United States Steel Corp. 2,730,478







United Therapeutics Corp. 7,587,885

Universal Display Corp. 13,224,553

Urban Edge Properties 3,749,519

Urban Outfitters, Inc. 3,197,210

Valley National Bancorp 7,302,176

Valmont Industries, Inc. 5,414,049

Valvoline, Inc. 7,031,171

ViaSat, Inc. 6,498,983

Vishay Intertechnology, Inc. 4,754,272

Visteon Corp. 3,951,473

Washington Federal, Inc. 4,716,072

Watsco, Inc. 10,052,924

Webster Financial Corp. 7,309,444

Weingarten Realty Investors 6,231,503

Wendy's Co. 7,060,736

Werner Enterprises, Inc. 2,890,414


WEX, Inc. 16,625,400

Williams-Sonoma, Inc. 9,629,623

Wintrust Financial Corp. 6,394,001

Woodward, Inc. 11,611,576

World Fuel Services Corp. 4,529,079

World Wrestling Entertainment, Inc., Class A 4,106,898

Worthington Industries, Inc. 2,403,463

WPX Energy, Inc. 8,816,961

WW International, Inc. 2,712,308

Wyndham Destinations, Inc. 7,793,287

Wyndham Hotels & Resorts, Inc. 9,632,516

XPO Logistics, Inc. 14,530,684

Yelp, Inc. 3,687,158

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P Mid Cap 400 E-Mini Index Long March 2020 (2,275,857)

VALIC Company I - Mid Cap Strategic Growth Fund - (unaudited)

January 31, 2020




Airbnb, Inc., Series D 3,629,691

Amdocs, Ltd. 3,390,428

AMETEK, Inc. 2,679,688

Aon PLC 4,432,531

Aramark 2,029,734




Booz Allen Hamilton Holding Corp. 2,381,781


of 142


Bristol-Myers Squibb Co. CVR 58,405

Broadridge Financial Solutions, Inc. 2,939,431

Carlisle Cos., Inc. 1,784,147

CarMax, Inc. 2,586,892


Cboe Global Markets, Inc. 1,466,564

CBRE Group, Inc., Class A 1,695,725

Ceridian HCM Holding, Inc. 2,217,023

Chipotle Mexican Grill, Inc. 2,426,928

Cimpress PLC 2,619,777

Clarivate Analytics PLC 1,444,766

Clean Harbors, Inc. 2,192,396





Crown Holdings, Inc. 2,801,295



Dolby Laboratories, Inc., Class A 2,113,206




Edenred 1,802,708


Elanco Animal Health, Inc. 3,528,069

Entegris, Inc. 1,600,937



Euronet Worldwide, Inc. 1,078,573



Flex, Ltd. 2,272,320

Floor & Decor Holdings, Inc., Class A 1,452,229

FMC Corp. 1,716,223

Freshpet, Inc. 2,175,962

Frontdoor, Inc. 1,123,814

Gildan Activewear, Inc. 2,425,056


GoDaddy, Inc., Class A 3,413,932

Grocery Outlet Holding Corp. 2,050,343


HEICO Corp., Class A 1,919,635

Horizon Therapeutics PLC 1,275,095


IDEXX Laboratories, Inc. 2,379,468


Ingersoll-Rand PLC 1,251,429

Intact Financial Corp. 3,505,924




James River Group Holdings, Ltd. 2,256,068


Keysight Technologies, Inc. 1,830,973

KLA Corp. 3,283,641




Lamb Weston Holdings, Inc. 2,180,939

Liberty Media Corp. - Liberty Formula One, Series C 1,233,010

LPL Financial Holdings, Inc. 4,522,846


Microchip Technology, Inc. 4,605,833

Middleby Corp. 1,316,871


MSCI, Inc. 1,101,759

National Instruments Corp. 2,681,192


NICE, Ltd., ADR 4,939,496

Norwegian Cruise Line Holdings, Ltd. 1,732,893

ON Semiconductor Corp. 3,525,953

Parker-Hannifin Corp. 1,167,291

PerkinElmer, Inc. 3,632,429


Repay Holdings Corp. 1,093,401

Rexnord Corp. 2,232,542

of 142

Ritchie Bros. Auctioneers, Inc. 2,307,450


Ryanair Holdings PLC ADR 1,675,730

Sage Therapeutics, Inc. 284,739


Sarepta Therapeutics, Inc. 865,409

Sealed Air Corp. 2,066,455

Sensata Technologies Holding PLC 4,282,946

ServiceMaster Global Holdings, Inc. 1,902,935

Southwest Airlines Co. 1,683,927


SS&C Technologies Holdings, Inc. 4,315,933

STERIS PLC 3,332,359

SVB Financial Group 1,035,101

Synchrony Financial 1,093,157

Take-Two Interactive Software, Inc. 3,598,357

TD Ameritrade Holding Corp. 4,110,723





Trade Desk, Inc., Class A 1,784,933

Tradeweb Markets, Inc. 1,316,130

Trimble, Inc. 1,275,685

United Rentals, Inc. 1,661,660

Varian Medical Systems, Inc. 1,254,587


VF Corp. 1,447,412

Visteon Corp. 917,336

Wabtec Corp. 2,409,092

Waste Connections, Inc. 2,652,474


Wayfair, Inc., Class A 635,380

WEX, Inc. 7,379,401

Williams-Sonoma, Inc. 1,127,167


Wix.com, Ltd. 1,210,439


WR Berkley Corp. 3,386,130


XPO Logistics, Inc. 1,668,406

Zynga, Inc., Class A 2,389,440

VALIC Company I - Nasdaq-100 Index Fund - (unaudited)

January 31, 2020



Adobe, Inc. 11,005,079







American Airlines Group, Inc. 761,209

Amgen, Inc. 8,311,227


ANSYS, Inc. 1,495,373

Apple, Inc. 69,799,457





Baidu, Inc. ADR 2,211,848


BioMarin Pharmaceutical, Inc. 971,022



Cadence Design Systems, Inc. 1,309,950

CDW Corp. 1,213,446

Cerner Corp. 1,460,735


Check Point Software Technologies, Ltd. 1,126,639

Cintas Corp. 1,869,378


Citrix Systems, Inc. 1,022,006

of 142



Copart, Inc. 1,526,973



CSX Corp. 3,866,697


eBay, Inc. 1,767,605


Exelon Corp. 2,995,172



Fastenal Co. 1,295,164












JD.com, Inc. ADR 2,261,852

KLA Corp. 1,693,200



Liberty Global PLC, Class A 241,151

Liberty Global PLC, Class C 553,388



Maxim Integrated Products, Inc. 1,053,302






Monster Beverage Corp. 2,318,413


NetEase, Inc. ADR 1,514,949





PACCAR, Inc. 1,661,785

Paychex, Inc. 1,987,634






Seattle Genetics, Inc. 1,202,695

Sirius XM Holdings, Inc. 2,024,883

Skyworks Solutions, Inc. 1,248,158





Tesla, Inc. 7,592,152


T-Mobile US, Inc. 4,386,492


Ulta Beauty, Inc. 1,020,737



VeriSign, Inc. 1,582,072



Walgreens Boots Alliance, Inc. 2,938,418

Western Digital Corp. 1,261,203



Xcel Energy, Inc. 2,402,069

Xilinx, Inc. 1,375,419

Futures Contracts

of 142


Unrealized

Appreciation

(Depreciation) ($)

Nasdaq 100 E-Mini Index Long March 2020 94,719

VALIC Company I - Science & Technology Fund - (unaudited)

January 31, 2020


58.com, Inc. ADR 13,763,169


Adobe, Inc. 7,686,455


Adyen NV 1,364,499

Airbnb, Inc., Series E 3,324,317

Akamai Technologies, Inc. 7,027,388




Alteryx, Inc., Class A 16,585,772


Apple, Inc. 35,536,391


ASML Holding NV 623,065



AVEVA Group PLC 1,285,423

BE Semiconductor Industries NV 4,836,762

Bloom Energy Corp. Class A 981,454

Boeing Co. 7,893,096


CDW Corp. 1,927,399


Cognex Corp. 1,086,680

Cree, Inc. 1,583,449

Crowdstrike Holdings, Inc., Class A 13,229,345

Datadog, Inc., Class A 38,816

DocuSign, Inc. 640,249

DXC Technology Co. 3,957,264

Dynatrace, Inc. 210,716










Flex, Ltd. 9,289,489

FormFactor, Inc. 4,224,391

Fortinet, Inc. 8,561,673

Genpact, Ltd. 9,495,561


GM Cruise Holdings, LLC 1,637,025

GoDaddy, Inc., Class A 2,145,007

GrubHub, Inc. 399,898

Guidewire Software, Inc. 8,692,988

HubSpot, Inc. 1,172,491



JAND, Inc. (dba Warby Parker) 1,115,165

JAND, Inc. (dba Warby Parker), Class A 903,995

KLA Corp. 16,861,227



Lattice Semiconductor Corp. 5,254,723



Mail.ru Group, Ltd. GDR 12,841,618



Match Group, Inc. 1,951,120



Mesosphere, Inc. 1,326,913

of 142



MongoDB, Inc. 24,479,959

Naspers, Ltd., Class N 7,458,328

NAVER Corp. 13,678,879

NetApp, Inc. 4,035,705


New Relic, Inc. 674,952

News Corp., Class A 2,196,661

Nexon Co., Ltd. 3,705,328

NortonLifeLock, Inc. 14,147,163



Okta, Inc. 22,960,005

Palo Alto Networks, Inc. 1,233,769



Proofpoint, Inc. 1,067,833

Prosus NV 3,287,514

Pure Storage, Inc., Class A 20,620,891


Rapid7, Inc. 708,997

Renesas Electronics Corp. 9,672,812

RingCentral, Inc., Class A 19,555,798




Shopify, Inc., Class A 5,403,984

SK Hynix, Inc. 4,853,240

Slack Technologies, Inc., Class A 3,720,102

Snap, Inc., Class A 2,003,052

Splunk, Inc. 12,547,026

Square, Inc., Class A 5,035,973




SVMK, Inc. 3,365,926






Telefonaktiebolaget LM Ericsson ADR 1,090,614



Tesla, Inc. 4,957,343

Tokyo Electron, Ltd. 5,626,264

Trade Desk, Inc., Class A 713,327

TransUnion 4,003,897


Twilio, Inc., Class A 26,002,603

Uber Technologies, Inc. 4,657,205

Veeva Systems, Inc., Class A 4,236,296



Viavi Solutions, Inc. 640,704



WEX, Inc. 11,103,918


Xiaoju Kuaizhi, Inc., Series A-17 597,484

Yandex NV, Class A 642,351

Zalando SE 17,384,260

Zendesk, Inc. 1,623,456

Zscaler, Inc. 11,259,226

Zynga, Inc., Class A 573,796

VALIC Company I - Small Cap Aggressive Growth Fund - (unaudited)

January 31, 2020


Aaron's, Inc. 1,413,955


Advanced Energy Industries, Inc. 3,129,815

Aimmune Therapeutics, Inc. 2,318,504

Albany International Corp., Class A 2,174,731

Amicus Therapeutics, Inc. 1,442,043

of 142


Arco Platform, Ltd., Class A 2,821,546

Arena Pharmaceuticals, Inc. 1,314,958

Armstrong World Industries, Inc. 1,396,594

Ascendis Pharma A/S ADR 2,180,514


Avaya Holdings Corp. 1,065,784


Azul SA ADR 2,485,850

Bandwidth, Inc., Class A 2,656,033

BellRing Brands, Inc., Class A 996,955


Bluebird Bio, Inc. 2,116,407




Cardlytics, Inc. 881,160

Celyad SA ADR 304,085

Cornerstone OnDemand, Inc. 3,129,336

CryoPort, Inc. 1,064,212

CytomX Therapeutics, Inc. 701,709

Dine Brands Global, Inc. 2,052,820

eHealth, Inc. 1,765,636


Envestnet, Inc. 1,718,577

Epizyme, Inc. 1,939,165

Equillium, Inc. 283,888

ESCO Technologies, Inc. 1,827,078

Essent Group, Ltd. 2,849,102

Everbridge, Inc. 3,167,868

Evo Payments, Inc., Class A 2,667,365

Evoqua Water Technologies Corp. 678,780

Fate Therapeutics, Inc. 2,557,302


Five9, Inc. 360,085


Freshpet, Inc. 506,184

Frontdoor, Inc. 1,373,631


Generac Holdings, Inc. 1,911,236

Gossamer Bio, Inc. 662,672

GW Pharmaceuticals PLC ADR 1,927,040

Hanger, Inc. 1,714,253

Health Catalyst, Inc. 1,300,123


Hostess Brands, Inc. 2,338,032


Ingevity Corp. 558,283

Inphi Corp. 569,700

Inspire Medical Systems, Inc. 2,100,384

Invitae Corp. 1,737,061



Itron, Inc. 2,690,393

Kura Oncology, Inc. 850,211


LendingTree, Inc. 1,879,648

LHC Group, Inc. 3,390,145

Littelfuse, Inc. 1,295,335


MACOM Technology Solutions Holdings, Inc. 1,340,856

Masimo Corp. 2,144,442



Monolithic Power Systems, Inc. 738,599

Monro, Inc. 1,404,480

Myovant Sciences, Ltd. 1,133,348



Nomad Foods, Ltd. 1,310,691

Planet Fitness, Inc., Class A 2,373,610

Q2 Holdings, Inc. 1,499,668

QuinStreet, Inc. 688,688

Regis Corp. 940,357



Silk Road Medical, Inc. 1,537,216

Simply Good Foods Co. 1,278,970

of 142

Simpson Manufacturing Co., Inc. 1,415,393

SiteOne Landscape Supply, Inc. 3,138,841

Skyline Champion Corp. 840,363

SPX Corp. 1,015,258

Steven Madden, Ltd. 1,065,297

Strategic Education, Inc. 3,380,501

Trex Co., Inc. 1,783,056

Varonis Systems, Inc. 4,313,510


Watts Water Technologies, Inc., Class A 2,815,810

Western Alliance Bancorp 1,902,674

Wix.com, Ltd. 3,839,788

WNS Holdings, Ltd. ADR 2,743,078

VALIC Company I - Small Cap Fund - (unaudited)

January 31, 2020


1st Constitution Bancorp 128,960

1stdibs.com, Inc., Series D 55,677

A Place For Rover, Inc. 45,844

A Place For Rover, Inc. 3,206

Aaron's, Inc. 855,674

Acacia Research Corp. 100,000

Acadia Healthcare Co., Inc. 374,957

ACADIA Pharmaceuticals, Inc. 85,871

Acadia Realty Trust 210,970

Acceleron Pharma, Inc. 308,652

AcelRx Pharmaceuticals, Inc. 54,570

Aclaris Therapeutics, Inc. 53,444

Acme United Corp. 109,269

Acorda Therapeutics, Inc. 47,920

Acushnet Holdings Corp. 1,283,118

Adamas Pharmaceuticals, Inc. 69,390

Adams Resources & Energy, Inc. 117,183

Adaptive Biotechnologies Corp. 105,056

ADT, Inc. 99,349

Aduro Biotech, Inc. 68,880

Advanced Disposal Services, Inc. 854,525

Aeglea BioTherapeutics, Inc. 181,500

Aerojet Rocketdyne Holdings, Inc. 445,459

Agios Pharmaceuticals, Inc. 142,925

AgroFresh Solutions, Inc. 144,612

Aimmune Therapeutics, Inc. 253,834

Alacer Gold Corp. 154,330

Alaska Communications Systems Group, Inc. 157,080

Alexander & Baldwin, Inc. 191,843

Alico, Inc. 102,931

Alimera Sciences, Inc. 50,372

Allbirds, Inc. 73,062

Allbirds, Inc., Series A 23,839

Allbirds, Inc., Series B 4,188

Allbirds, Inc., Series C 40,075

Allbirds, Inc., Series SEED 12,821

Allena Pharmaceuticals, Inc. 77,010

Allogene Therapeutics, Inc. 36,403

Alpha Pro Tech, Ltd. 201,600

Alphatec Holdings, Inc. 139,200

Altimmune, Inc. 25,950

Altra Industrial Motion Corp. 1,435,867

Altus Midstream Co., Class A 62,400

AMCON Distributing Co. 37,095

Amedisys, Inc. 681,604

American Campus Communities, Inc. 614,658

American Superconductor Corp. 65,940

AmeriServ Financial, Inc. 90,200

Ampco-Pittsburgh Corp. 56,550

Amplify Energy Corp. 80,850

API Group Corp. 323,078

Applied Genetic Technologies Corp. 125,600

Applied Industrial Technologies, Inc. 1,617,414

Applied Optoelectronics, Inc. 56,500

AptarGroup, Inc. 3,908,050

ARC Document Solutions, Inc. 131,840

Arcturus Therapeutics Holdings, Inc. 51,500

Argenx SE ADR 452,782

Ascendis Pharma A/S ADR 936,919

of 142

Aspen Aerogels, Inc. 117,434

Aspen Group, Inc. 126,730

Aspen Technology, Inc. 1,615,748

AssetMark Financial Holdings, Inc. 429,098

Assurant, Inc. 786,363

Asta Funding, Inc. 135,564

Atlantic Capital Bancshares, Inc. 173,755

Atlanticus Holdings Corp. 103,779

AtriCure, Inc. 221,730

Avanos Medical, Inc. 338,742

Aware, Inc. 125,640

Axis Capital Holdings, Ltd. 568,613

AXT, Inc. 106,080

AZZ, Inc. 420,852

Babcock & Wilcox Enterprises, Inc. 84,200

Ballantyne Strong, Inc. 48,370

Bank of Commerce Holdings 81,748

Bank of Princeton 62,556

BankFinancial Corp. 115,971

BankUnited, Inc. 2,120,613

Barnes Group, Inc. 221,095

Bassett Furniture Industries, Inc. 79,495

BBQ Holdings, Inc. 33,990

BCB Bancorp, Inc. 112,832

Bel Fuse, Inc., Class B 103,920

Belden, Inc. 78,832


Big 5 Sporting Goods Corp. 130,550

Bill.com Holdings, Inc. 311,028




Blue Apron Holdings, Inc., Class A 11,580

BlueLinx Holdings, Inc. 64,515

Blueprint Medicines Corp. 307,923

Bombardier, Inc., Class B 123,613

Booz Allen Hamilton Holding Corp. 819,420

Boston Beer Co., Inc., Class A 868,498

Brady Corp., Class A 2,164,192

Bridge Bancorp, Inc. 291,360

Bright Horizons Family Solutions, Inc. 559,302

BrightView Holdings, Inc. 530,501

Brink's Co. 1,010,448

Bruker Corp. 662,403

Brunswick Corp. 2,723,416

BSQUARE Corp. 21,900

Build-A-Bear Workshop, Inc. 33,440

Burlington Stores, Inc. 1,098,224

BWX Technologies, Inc. 799,517

C&F Financial Corp. 150,150

Cable One, Inc. 1,349,592


Cadence BanCorp 901,914

California Water Service Group 346,896



Calyxt, Inc. 111,400

Capital Bancorp, Inc. 108,960

Capital Senior Living Corp. 47,430

Capitol Federal Financial, Inc. 263,165

Cara Therapeutics, Inc. 69,971

Carter's, Inc. 1,457,190

Casey's General Stores, Inc. 403,276

Castlight Health, Inc., Class B 78,740

Catabasis Pharmaceuticals, Inc. 53,000



cbdMD, Inc. 19,344


CCA Industries, Inc. 9,887

CEL-SCI Corp. 69,112

CenterState Bank Corp. 398,522

Centrus Energy Corp, Class A 60,672

Ceridian HCM Holding, Inc. 813,079

Chaparral Energy, Inc., Class A 67,568

Chart Industries, Inc. 479,850

Checkr, Inc. 56,196

Checkr, Inc. 90,679

of 142

Checkr, Inc., Series D 123,527

Chegg, Inc. 217,694

Chemung Financial Corp. 218,185

Chesapeake Utilities Corp. 509,913

Chiasma, Inc. 212,400

Chimerix, Inc. 94,545

Chuy's Holdings, Inc. 212,849


Cinemark Holdings, Inc. 1,831,676

Citi Trends, Inc. 144,398

Citizens Holding Co. 96,975

Clarivate Analytics PLC 728,824

Clearfield, Inc. 127,200

Codorus Valley Bancorp, Inc. 79,461

Collectors Universe, Inc. 176,832

Collier Creek Holdings 145,734

Colliers International Group, Inc. 116,278

Colony Bankcorp, Inc. 115,125

Columbia Banking System, Inc. 246,480

Commerce Bancshares, Inc. 2,006,796

Communications Systems, Inc. 184,500

Community Healthcare Trust, Inc. 113,208

Computer Modelling Group, Ltd. 90,361

Computer Task Group, Inc. 116,816

Conformis, Inc. 49,775

Consolidated Communications Holdings, Inc. 5

Consolidated-Tomoka Land Co. 196,726

Constellium SE 287,408

Consumer Portfolio Services, Inc. 86,485

Container Store Group, Inc. 80,800

Contango Oil & Gas Co. 156,400

Contura Energy, Inc. 40,530

Convoy, Inc., Series C 163,753

Convoy, Inc., Series D 103,703

Conyers Park II Acquisition Corp. 152,995

Core Laboratories NV 745,669

Core Molding Technologies, Inc. 23,700

CoreLogic, Inc. 1,454,799

CorMedix, Inc. 74,930


Corvus Pharmaceuticals, Inc. 130,945

Cott Corp. 1,272,694

Coupa Software, Inc. 571,599

CPI Aerostructures, Inc. 52,800

CRISPR Therapeutics AG 33,923

Cross Country Healthcare, Inc. 126,631

CrossFirst Bankshares, Inc. 109,541


Crown Holdings, Inc. 1,611,115

CSS Industries, Inc. 42,075

CTS Corp. 408,259

CubeSmart 2,325,940

Cubic Corp. 641,735

Cullen/Frost Bankers, Inc. 1,385,368

Culp, Inc. 82,095

Cumberland Pharmaceuticals, Inc. 135,108

Curis, Inc. 81,311

Cushman & Wakefield PLC 1,748,097

CyberOptics Corp. 150,549

Dawson Geophysical Co. 47,825

Delta Apparel, Inc. 137,940

Denny's Corp. 368,460

Descartes Systems Group, Inc. 972,019

DHI Group, Inc. 70,000

Diamondback Energy, Inc. 372,000

Dixie Group, Inc. 14,000

Douglas Dynamics, Inc. 1,350,859


Drive Shack, Inc. 74,844

Dunkin' Brands Group, Inc. 531,012


Earthstone Energy, Inc., Class A 92,000

East West Bancorp, Inc. 297,960

Eastern Co. 115,980


Eastman Kodak Co. 3,069

Eaton Vance Corp. 1,138,535

Educational Development Corp. 91,200

of 142

Elanco Animal Health, Inc. CVR 0

Electromed, Inc. 135,386

Element Solutions, Inc. 240,400

Elevate Credit, Inc. 156,870

Eloxx Pharmaceuticals, Inc. 64,727

EMCORE Corp. 108,514

Emmis Communications Corp. 104,328


Encompass Health Corp. 2,872,372





Envista Holdings Corp. 694,921

Enzo Biochem, Inc. 94,125

Equity Bancshares, Inc., Class A 190,706

Era Group, Inc. 149,100

ERO Copper Corp. 325,575

Escalade, Inc. 45,760

ESCO Technologies, Inc. 800,786

ESSA Bancorp, Inc. 152,550

Essent Group, Ltd. 297,660

Euronet Worldwide, Inc. 693,616

Evans Bancorp, Inc. 113,216

Evelo Biosciences, Inc. 79,245

Everspin Technologies, Inc. 47,800

Evo Payments, Inc., Class A 108,069

Evolution Petroleum Corp. 116,424

EyePoint Pharmaceuticals, Inc. 140,250

FactSet Research Systems, Inc. 1,290,070

Farmers Business Network, Inc., Series C 193,156

FB Financial Corp. 388,906


FedNat Holding Co. 118,028

Fiesta Restaurant Group, Inc. 122,328

First Acceptance Corp. 1,765

First Bancshares, Inc. 259,768

First Bank 107,000

First Business Financial Services, Inc. 163,670

First Financial Bancorp 1,501,947

First Financial Northwest, Inc. 146,300

First Hawaiian, Inc. 1,946,962

First Horizon National Corp. 1,339,200

First Industrial Realty Trust, Inc. 281,820

First Internet Bancorp 132,550

First Northwest Bancorp 102,635

FirstService Corp. 976,709

Five Below, Inc. 181,152

Five Prime Therapeutics, Inc. 98,176

Five9, Inc. 576,996


Flotek Industries, Inc. 85,000

Focus Financial Partners, Inc. Class A 1,211,021

Fortune Brands Home & Security, Inc. 1,774,092


Franco-Nevada Corp. 466,044

Franklin Covey Co. 95,400

FreightCar America, Inc. 56,350

Frequency Electronics, Inc. 92,500

Friedman Industries, Inc. 58,696

Fuel Tech, Inc. 61,883


Gaia, Inc. 79,524

Gardner Denver Holdings, Inc. 441,375

Gates Industrial Corp. PLC 1,314,587

GCP Applied Technologies, Inc. 1,414,614

Gencor Industries, Inc. 96,967


Generation Bio 41,930

Genesis Healthcare, Inc. 150,000

Genie Energy, Ltd., Class B 90,375


Geospace Technologies Corp. 119,349


Global Blood Therapeutics, Inc. 612,400

Gold Resource Corp. 204,050

Goldfield Corp. 107,100

Goodrich Petroleum Corp. 60,390

of 142

GP Strategies Corp. 106,480

Graco, Inc. 467,720

Graham Corp. 106,024

Grasshopper Bancorp, Inc. 52,080

Grasshopper Bancorp, Inc. 3,764

Great Elm Capital Group, Inc. 120,000

Greenlane Holdings, Inc., Class A 24,400

Grocery Outlet Holding Corp. 32,740

GrubHub, Inc. 693,012

GSI Technology, Inc. 160,578

Guidewire Software, Inc. 1,730,025

Gulf Island Fabrication, Inc. 46,410

Habit Restaurants, Inc., Class A 139,100

Hanger, Inc. 517,208

Hanover Insurance Group, Inc. 637,468

Harvard Bioscience, Inc. 133,650


Hawthorn Bancshares, Inc. 73,801

Haynes International, Inc. 208,984


Helios Technologies, Inc. 225,271

Heritage Commerce Corp. 236,396

Heritage Financial Corp. 247,488

Heritage-Crystal Clean, Inc. 252,315

Hi-Crush Partners LP 31,950

HMS Holdings Corp. 355,160

Home BancShares, Inc. 695,872



Horizon Global Corp. 117,950

Hornbeck Offshore Services, Inc. 7,725

Houston Wire & Cable Co. 58,661

Hurco Cos., Inc. 93,900

Huron Consulting Group, Inc. 114,454

IAA, Inc. 1,935,628

IBERIABANK Corp. 1,191,717

Iconix Brand Group, Inc. 43,960



Immunomedics, Inc. 144,846

Independence Contract Drilling, Inc. 21,845

Independent Bank Corp./Massachusetts 194,507

Independent Bank Group, Inc. 500,251

Infinity Pharmaceuticals, Inc. 132,000

Information Services Group, Inc. 73,980

InfuSystem Holdings, Inc. 214,500

Innodata, Inc. 59,964

Inphi Corp. 360,658

Insmed, Inc. 309,990

Interfor Corp. 194,789

Internap Corp. 100,000

Intevac, Inc. 36,600

Investors Bancorp, Inc. 319,044

Iovance Biotherapeutics, Inc. 32,610

iRhythm Technologies, Inc. 500,165

IRIDEX Corp. 21,384

J Alexander's Holdings, Inc. 124,540

J. Jill, Inc. 42,245

J2 Acquisition Ltd-API Group Corp. 6,924

JAKKS Pacific, Inc. 30,600


JAND, Inc. (dba Warby Parker), Class A 81,039

JBG SMITH Properties 767,693

JMP Group LLC 49,226


Kala Pharmaceuticals, Inc. 112,644

Kaleido Biosciences, Inc. 111,540


KAR Auction Services, Inc. 889,335

Key Tronic Corp. 55,871

Kinsale Capital Group, Inc. 2,268,523

KLX Energy Services Holdings, Inc. 56,560

Knight-Swift Transportation Holdings, Inc. 2,216,494

Kodiak Sciences, Inc. 154,019

Kosmos Energy, Ltd. 58,070

Kratos Defense & Security Solutions, Inc. 49,518

Krystal Biotech, Inc. 55,030

Kura Sushi USA, Inc., Class A 101,340

of 142

KVH Industries, Inc. 85,994

L.S. Starrett Co., Class A 45,040

Lake Shore Bancorp, Inc. 152,500

Lakeland Industries, Inc. 139,400

Landstar System, Inc. 1,883,525

Lattice Semiconductor Corp. 910,005

Lazard, Ltd., Class A 1,639,839

LCI Industries 2,367,566

Leaf Group, Ltd. 115,170

Lee Enterprises, Inc. 178,717

Libbey, Inc. 53,200

Liberty Oilfield Services, Inc., Class A 243,529

Lifetime Brands, Inc. 54,160

Lifeway Foods, Inc. 15,075

Lincoln Educational Services Corp. 47,200

Lincoln Electric Holdings, Inc. 2,405,809

Lineage Cell Therapeutics, Inc. 6,913

Littelfuse, Inc. 389,202

Live Oak Bancshares, Inc. 189,011

LogicBio Therapeutics, Inc. 49,350

Lonestar Resources US, Inc., Class A 54,600

Lovesac Co. 90,800

LSB Industries, Inc. 52,850

LSI Industries, Inc. 266,000

Luby's, Inc. 60,500

Lundin Mining Corp. 200,302

Magnolia Oil & Gas Corp., Class A 345,056

Malibu Boats, Inc., Class A 89,288

Malvern Bancorp, Inc. 76,000

Mammoth Energy Services, Inc. 42,600

Manning & Napier, Inc. 15,960

Marchex, Inc., Class B 136,400

Marin Software, Inc. 19,407

Marinus Pharmaceuticals, Inc. 180,264

Marlin Business Services Corp. 147,750

Matson, Inc. 597,766

Maui Land & Pineapple Co., Inc. 104,500

Medallia, Inc. 305,002

Medallion Financial Corp. 117,819

Mediaco Holding, Inc., Class A 25,310


Meridian Bancorp, Inc. 380,668

Meridian Corp. 138,414


Merrimack Pharmaceuticals, Inc. 15,350

Mesa Air Group, Inc. 39,284

Michaels Cos., Inc. 166,634

Micron Solutions, Inc. 16,769

Mid Penn Bancorp, Inc. 112,800

Middlesex Water Co. 305,547

Millendo Therapeutics, Inc. 26,464

Minerals Technologies, Inc. 395,149

Mitcham Industries, Inc. 63,616

MKS Instruments, Inc. 199,158

Moelis & Co., Class A 1,398,852


Momenta Pharmaceuticals, Inc. 276,822

Monarch Casino & Resort, Inc. 706,214

MoneyGram International, Inc. 96,820

Monolithic Power Systems, Inc. 213,449

Monro, Inc. 772,778

Morningstar, Inc. 1,633,852


Mueller Water Products, Inc., Class A 377,448

Mustang Bio, Inc. 100,925

MyoKardia, Inc. 363,824

NantHealth, Inc. 51,137

NantKwest, Inc. 34,128

National CineMedia, Inc. 93,025

National Instruments Corp. 745,187

National Retail Properties, Inc. 2,339,400

National Vision Holdings, Inc. 632,790

Natural Gas Services Group, Inc. 77,848

Natural Grocers by Vitamin Cottage, Inc. 126,700

nCino, Inc. 93,155

NCS Multistage Holdings, Inc. 35,190

Neon Therapeutics, Inc. 31,050

Neos Therapeutics, Inc. 23,850

of 142

Neuronetics, Inc. 52,635

Nevro Corp. 330,813

New Fortress Energy LLC 93,235

New Home Co., Inc. 54,810

NextEra Energy Partners LP 334,943

NexTier Oilfield Solutions, Inc. 172,525

NII Holdings, Inc. 6,510

Nine Energy Service, Inc. 96,800

nLight, Inc. 901,657

Nomad Foods, Ltd. 343,524

Northeast Bank 130,455

Northern Star Resources, Ltd. 518,658

Northrim BanCorp, Inc. 135,468


Novanta, Inc. 789,442

Novavax, Inc. 108,966


Nuverra Environmental Solutions, Inc. 18,711


Ohio Valley Banc Corp. 132,200

Oil-Dri Corp. of America 173,460

Ollie's Bargain Outlet Holdings, Inc. 696,203

Olympic Steel, Inc. 80,850

Oncocyte Corp. 130,500

ONE Gas, Inc. 954,450

OneSpaWorld Holdings, Ltd. 229,653

Orchard Therapeutics PLC ADR 150,220

Origin Bancorp, Inc. 359,342

Orion Group Holdings, Inc. 69,552

Osisko Gold Royalties, Ltd. 90,088

Otonomy, Inc. 112,000

Outfront Media, Inc. 1,424,070

Overseas Shipholding Group, Inc., Class A 62,300

Ovid therapeutics, Inc. 216,720

P.A.M. Transportation Services, Inc. 72,477

Pacific Mercantile Bancorp 110,880


PagerDuty, Inc. 96,195

Palatin Technologies, Inc. 65,210

Panhandle Oil and Gas, Inc., Class A 36,150

Papa John's International, Inc. 647,800

Paramount Group, Inc. 195,814

Parsley Energy, Inc., Class A 171,525

Parsons Corp. 202,169

Patriot Transportation Holding, Inc. 60,000


Paycom Software, Inc. 704,088

Paylocity Holding Corp. 42,567

PC-Tel, Inc. 170,660

PDF Solutions, Inc. 207,086


Penns Woods Bancorp, Inc. 151,440

PennyMac Financial Services, Inc. 554,863

Penumbra, Inc. 87,730

Peoples Bancorp of North Carolina, Inc. 165,468

Performance Food Group Co. 4,817,972

Performant Financial Corp. 48,475

Pfenex, Inc. 150,080



PICO Holdings, Inc. 99,500

Pinnacle Financial Partners, Inc. 682,615

Pixelworks, Inc. 88,000

Planet Fitness, Inc., Class A 827,694

Plex Systems, Inc., Series B 146,728


PolyOne Corp. 235,578

Pool Corp. 4,500,255

Portland General Electric Co. 2,494,994

Portman Ridge Finance Corp. 38,243

Post Holdings, Inc. 731,990

Potbelly Corp. 43,100

Power Integrations, Inc. 1,273,226

PQ Group Holdings, Inc. 1,473,894


Premier Financial Bancorp, Inc. 100,164

Premier, Inc., Class A 1,307,109


of 142

PRGX Global, Inc. 104,940

Principia Biopharma, Inc. 170,007

Proofpoint, Inc. 614,050

ProSight Global, Inc. 50,312

Prosperity Bancshares, Inc. 470,340

Protalix BioTherapeutics, Inc. 32,194

Providence Service Corp. 56,744

Provident Financial Holdings, Inc. 75,142

PS Business Parks, Inc. 930,963

PTC Therapeutics, Inc. 180,250


Quaker Chemical Corp. 2,351,175

Quidel Corp. 784,819

Quintana Energy Services, Inc. 35,850

Radian Group, Inc. 372,248


Ranger Energy Services, Inc. 35,000

RBC Bearings, Inc. 2,241,366

RCM Technologies, Inc. 54,600

Reata Pharmaceuticals, Inc., Class A 467,554

Red Lion Hotels Corp. 91,080

Red Robin Gourmet Burgers, Inc. 257,668

Regency Centers Corp. 231,719

Regional Management Corp. 30,305


Retractable Technologies, Inc. 48,000

REV Group, Inc. 83,650

Rexford Industrial Realty, Inc. 626,470

RGC Resources, Inc. 11,875

RH 177,855

Richardson Electronics, Ltd. 79,050

RigNet, Inc. 52,416

Rivian Automotive, Inc. Series D 131,012

RLI Corp. 2,109,560


Rockwell Medical, Inc. 89,977

Rocky Brands, Inc. 182,137

Rocky Mountain Chocolate Factory, Inc. 53,950

Roofoods, Ltd. 6,686

Roofoods, Ltd. 240,186

RTW RetailWinds, Inc. 13,030

Ryman Hospitality Properties, Inc. 109,179

Safety Insurance Group, Inc. 275,411

Saga Communications, Inc., Class A 49,209


SailPoint Technologies Holding, Inc. 835,949

Salem Media Group, Inc. 13,800

Sanderson Farms, Inc. 495,684

SandRidge Energy, Inc. 63,750

SB One Bancorp 143,400

Schneider National, Inc., Class B 266,973


scPharmaceuticals, Inc. 70,150

SeaChange International, Inc. 108,780

Seacoast Banking Corp. of Florida 527,362


Seismic Software Holdings, Inc., Series E 82,718

Select Bancorp, Inc. 122,960

Selecta Biosciences, Inc. 252,000

Selective Insurance Group, Inc. 814,875

Semtech Corp. 154,208

Seneca Foods Corp., Class A 197,750

ServiceMaster Global Holdings, Inc. 749,732

ServiceSource International, Inc. 133,000

ServiceTitan, Inc. 5,081

ServiceTitan, Inc., Series A-1 106

ServiceTitan, Inc., Series D 51,657

Sesen Bio, Inc. 47,495

Seven Generations Energy, Ltd., Class A 133,964


Shiloh Industries, Inc. 46,104

Shore Bancshares, Inc. 130,000

Signature Bank 227,024

SilverBow Resources, Inc. 53,200

Silvercrest Asset Management Group, Inc., Class A 118,800

Simply Good Foods Co. 271,184

Simpson Manufacturing Co., Inc. 419,054


of 142

SJW Group 511,250


SLM Corp. 224,952

Smart Sand, Inc. 30,450

Sonim Technologies, Inc. 60,669

SORL Auto Parts, Inc. 70,074

Sound Bank 0

Sound Bank (Non-Voting Shares) 30,560

Sound Bank (Voting Shares) 15,010

South State Corp. 305,162

Southern First Bancshares, Inc. 89,815

Southwest Gas Holdings, Inc. 863,608

Spero Therapeutics, Inc. 79,206


Sportsman's Warehouse Holdings, Inc. 106,920

SPX Corp. 215,908

SS&C Technologies Holdings, Inc. 920,891

State Auto Financial Corp. 194,541


Steel Connect, Inc. 100,100

Stella-Jones, Inc. 317,026

Sterling Bancorp, Inc. 121,553

StoneCo, Ltd., Class A 358,032

Stoneridge, Inc. 231,238

Strategic Education, Inc. 81,145

Strattec Security Corp. 32,993

Stratus Properties, Inc. 89,250

Superior Drilling Products, Inc. 40,746

Sutro Biopharma, Inc. 86,016

Synacor, Inc. 66,000

Synalloy Corp. 101,357

Syndax Pharmaceuticals, Inc. 121,940


Synlogic, Inc. 143,112

Sypris Solutions, Inc. 22,824

T. Rowe Price Government Reserve Fund 941,582

T2 Biosystems, Inc. 22,253


Tandy Leather Factory, Inc. 83,700

Team, Inc. 190,400


Teligent, Inc. 10,243

Tempur Sealy International, Inc. 531,396

Tetra Tech, Inc. 111,280

TETRA Technologies, Inc. 76,500

Tetraphase Pharmaceuticals, Inc. 23,300

Texas Capital Bancshares, Inc. 222,588

TherapeuticsMD, Inc. 225,065

Thermon Group Holdings, Inc. 97,170

Thor Industries, Inc. 773,475

Tilly's, Inc., Class A 93,228

Timberland Bancorp, Inc. 109,824

Titan International, Inc. 115,544

Toast, Inc. 198,063

Toast, Inc. 303

Toast, Inc., Series B 2,698

Tocagen, Inc. 6,643

Toro Co. 5,279,880

Towne Bank 297,360

Townsquare Media, Inc., Class A 106,150

TransAct Technologies, Inc. 78,900

TravelCenters of America, Inc. 67,360

Travelzoo 111,650

Trecora Resources 14,217

TreeHouse Foods, Inc. 575,340

Trevena, Inc. 48,455

Trevi Therapeutics, Inc. 74,700

TRI Pointe Group, Inc. 436,044

Tricida, Inc. 146,223

Trinity Place Holdings, Inc. 33,000

Tucows, Inc., Class A 108,812

Tuesday Morning Corp. 53,760

Turning Point Therapeutics, Inc. 121,329

Twin Disc, Inc. 48,750



Ultragenyx Pharmaceutical, Inc. 296,014

Ultralife Corp. 85,485

of 142

United Bancshares, Inc. 142,500

United Security Bancshares 117,416

United-Guardian, Inc. 58,800

Unity Bancorp, Inc. 175,360

Universal Technical Institute, Inc. 284,530

Uranium Energy Corp. 83,405

US Auto Parts Network, Inc. 51,000

US Ecology, Inc. 685,063

USA Truck, Inc. 22,760

VAALCO Energy, Inc. 67,200

Valmont Industries, Inc. 404,587

Valvoline, Inc. 1,163,279

Venture Global LNG, Inc., Series B 20,800

Venture Global LNG, Inc., Series C 306,800

Visteon Corp. 313,653

VIVUS, Inc. 51,092

VolitionRX, Ltd. 140,826

Volt Information Sciences, Inc. 36,270

VOXX International Corp. 86,000

Vroom, Inc. 159,433

Vroom, Inc. 52,183

Waste Connections, Inc. 409,318

Webster Financial Corp. 350,581

Welbilt, Inc. 972,415

Wendy's Co. 862,618

West Fraser Timber Co., Ltd. 492,781


Western Alliance Bancorp 2,815,073

Willis Lease Finance Corp. 136,390

WillScot Corp. 2,112,444

Wintrust Financial Corp. 1,763,614

Wireless Telecom Group, Inc. 69,692

Woodward, Inc. 2,041,589

Xencor, Inc. 278,070

XOMA Corp. 168,035

XPO Logistics, Inc. 89

YRC Worldwide, Inc. 49,720

ZAGG, Inc. 105,840

Zendesk, Inc. 648,000

Zovio, Inc. 39,750

Zynga, Inc., Class A 477,386

VALIC Company I - Small Cap Index Fund - (unaudited)

January 31, 2020


1-800-flowers.com, Inc., Class A 193,551

1st Constitution Bancorp 91,683

1st Source Corp. 342,033

22nd Century Group, Inc. 55,084

3D Systems Corp. 643,414

89bio, Inc. 40,320

8x8, Inc. 896,646

A. Schulman, Inc. CVR 2,862

A10 Networks, Inc. 172,136

AAON, Inc. 1,106,274

AAR Corp. 729,183

Aaron's, Inc. 2,060,504

Abeona Therapeutics, Inc. 37,331

Abercrombie & Fitch Co., Class A 527,610

ABM Industries, Inc. 1,304,579

Abraxas Petroleum Corp. 18,840

Acacia Communications, Inc. 1,335,354

Acacia Research Corp. 63,220

ACADIA Pharmaceuticals, Inc. 2,309,251

Acadia Realty Trust 1,090,690

Accelerate Diagnostics, Inc. 235,368

Acceleron Pharma, Inc. 2,100,014

ACCO Brands Corp. 427,792

Accuray, Inc. 175,556

AcelRx Pharmaceuticals, Inc. 68,422

Acer Therapeutics, Inc. 9,796


Aclaris Therapeutics, Inc. 19,625

ACNB Corp. 112,624

Acorda Therapeutics, Inc. 46,792

Acushnet Holdings Corp. 559,783

of 142

Adamas Pharmaceuticals, Inc. 60,313

Addus HomeCare Corp. 603,493

Adesto Technologies Corp. 98,718

Adient PLC 1,158,261

ADMA Biologics, Inc. 102,370

Adtalem Global Education, Inc. 955,340

ADTRAN, Inc. 221,580

Aduro Biotech, Inc. 56,524

Advanced Disposal Services, Inc. 1,229,991

Advanced Drainage Systems, Inc. 926,512

Advanced Emissions Solutions, Inc. 96,280

Advanced Energy Industries, Inc. 1,367,747

AdvanSix, Inc. 268,314

Adverum Biotechnologies, Inc. 273,656

Aegion Corp. 327,064

Aeglea BioTherapeutics, Inc. 97,567

Aerie Pharmaceuticals, Inc. 444,047

Aerojet Rocketdyne Holdings, Inc. 1,954,239

AeroVironment, Inc. 728,514

Affimed NV 98,968

AG Mortgage Investment Trust, Inc. 264,964

Agenus, Inc. 205,580

AgeX Therapeutics, Inc. 14,967

Agilysys, Inc. 345,410

Agree Realty Corp. 1,617,613

Aimmune Therapeutics, Inc. 717,721

Air Transport Services Group, Inc. 629,876

Aircastle, Ltd. 863,638

Airgain, Inc. 43,376

AK Steel Holding Corp. 446,562

Akcea Therapeutics, Inc. 111,668

Akebia Therapeutics, Inc. 437,814

Akero Therapeutics, Inc. 62,021

Akorn, Inc. 73,391

Akoustis Technologies, Inc. 96,050

Alamo Group, Inc. 623,672

Alarm.com Holdings, Inc. 829,179

Albany International Corp., Class A 1,097,761

Albireo Pharma, Inc. 126,870

Alder Biopharmaceuticals, Inc. CVR 33,212

Aldeyra Therapeutics, Inc. 62,900


Alerus Financial Corp. 32,367

Alexander & Baldwin, Inc. 770,609

Alexander's, Inc. 353,335

Alico, Inc. 74,643

Allakos, Inc. 722,217

Allegheny Technologies, Inc. 1,114,678

Allegiance Bancshares, Inc. 362,700

Allegiant Travel Co. 1,122,171

ALLETE, Inc. 2,223,573

Allied Motion Technologies, Inc. 166,491

Allogene Therapeutics, Inc. 432,728

Allscripts Healthcare Solutions, Inc. 713,152

Alpha & Omega Semiconductor, Ltd. 126,691

Alphatec Holdings, Inc. 139,736

Altair Engineering, Inc., Class A 759,175

Altisource Portfolio Solutions SA 53,977

Altra Industrial Motion Corp. 1,099,276

Altus Midstream Co., Class A 53,822

AMAG Pharmaceuticals, Inc. 153,225

Amalgamated Bank, Class A 122,697

Ambac Financial Group, Inc. 497,476

Ambarella, Inc. 959,369

AMC Entertainment Holdings, Inc., Class A 172,773


Amerant Bancorp, Inc. 185,145

Ameresco, Inc., Class A 221,453

American Assets Trust, Inc. 1,131,391

American Axle & Manufacturing Holdings, Inc. 531,642

American Eagle Outfitters, Inc. 1,176,854

American Equity Investment Life Holding Co. 1,223,100

American Finance Trust, Inc. 712,377

American National Bankshares, Inc. 187,380

American Outdoor Brands Corp. 261,763

American Public Education, Inc. 184,992

American Realty Investors, Inc. 18,816

American Renal Associates Holdings, Inc. 85,552

of 142

American Software, Inc., Class A 221,143

American States Water Co. 1,668,293

American Superconductor Corp. 68,848

American Vanguard Corp. 276,782

American Woodmark Corp. 949,240

America's Car-Mart, Inc. 351,955

Ameris Bancorp 1,261,644

AMERISAFE, Inc. 671,611

Ames National Corp. 121,634

Amicus Therapeutics, Inc. 1,161,806

Amkor Technology, Inc. 567,619

AMN Healthcare Services, Inc. 1,593,739

Amneal Pharmaceuticals, Inc. 272,660

Amphastar Pharmaceuticals, Inc. 348,511

Amplify Energy Corp. 36,178

Amyris, Inc. 78,451

AnaptysBio, Inc. 183,213

Anavex Life Sciences Corp. 63,063

Andersons, Inc. 365,811

AngioDynamics, Inc. 260,873

ANI Pharmaceuticals, Inc. 291,090

Anika Therapeutics, Inc. 282,796

Anixter International, Inc. 1,528,221

Antares Pharma, Inc. 304,882

Anterix, Inc. 256,552

Anworth Mtg. Asset Corp. 179,594


Apogee Enterprises, Inc. 427,693

Apollo Commercial Real Estate Finance, Inc. 1,449,165

Apollo Medical Holdings, Inc. 56,663

Appfolio, Inc., Class A 1,060,984

Appian Corp. 892,945

Applied Industrial Technologies, Inc. 1,272,094

Applied Optoelectronics, Inc. 110,322

Applied Therapeutics, Inc. 172,521

Aprea Therapeutics, Inc. 127,174

Apyx Medical Corp. 129,819

AquaVenture Holdings, Ltd. 194,481

ArcBest Corp. 291,859

Arch Coal, Inc., Class A 399,100

Archrock, Inc. 552,695

Arcosa, Inc. 1,094,144

Arcus Biosciences, Inc. 146,407

Ardelyx, Inc. 171,513

Ardmore Shipping Corp. 105,479

Arena Pharmaceuticals, Inc. 1,185,244

Ares Commercial Real Estate Corp. 226,538

Ares Management Corp., Class A 1,324,448

Argan, Inc. 318,394

Argo Group International Holdings, Ltd. 1,100,374

Arlington Asset Investment Corp., Class A 105,279

Arlo Technologies, Inc. 164,664

Armada Hoffler Properties, Inc. 518,747

ARMOUR Residential REIT, Inc. 583,019

Armstrong Flooring, Inc. 32,186

Arrow Financial Corp. 229,748

Arrowhead Pharmaceuticals, Inc. 2,010,129

Artesian Resources Corp., Class A 154,991

Artisan Partners Asset Management, Inc., Class A 858,580

Arvinas, Inc. 528,020

Asbury Automotive Group, Inc. 956,495

Ascena Retail Group, Inc. 17,688

ASGN, Inc. 1,776,998

Ashford Hospitality Trust, Inc. 113,763


Assertio Therapeutics, Inc. 35,444

AssetMark Financial Holdings, Inc. 207,539

Associated Capital Group, Inc., Class A 41,269

Astec Industries, Inc. 473,188

Astronics Corp. 295,924

AstroNova, Inc. 43,689

At Home Group, Inc. 138,579

Atara Biotherapeutics, Inc. 349,867

Athenex, Inc. 469,627

Athersys, Inc. 93,552

Atkore International Group, Inc. 954,587

Atlantic Capital Bancshares, Inc. 207,532

Atlantic Power Corp. 131,228

of 142

Atlantic Union Bankshares Corp. 1,382,604

Atlas Air Worldwide Holdings, Inc. 266,881

ATN International, Inc. 328,933

Atreca, Inc., Class A 61,444

AtriCure, Inc. 759,250

Atrion Corp. 528,605

Avalon GloboCare Corp. 19,705


Avaya Holdings Corp. 727,558

Avid Bioservices, Inc. 190,295

Avid Technology, Inc. 122,343

Avis Budget Group, Inc. 969,338

Avista Corp. 1,739,426

Avrobio, Inc. 230,012

AVX Corp. 490,108

Axcelis Technologies, Inc. 400,117

Axcella Health, Inc. 19,389

AxoGen, Inc. 215,336


Axonics Modulation Technologies, Inc. 233,082

Axos Financial, Inc. 836,649

Axsome Therapeutics, Inc. 1,122,235

AXT, Inc. 77,150

AZZ, Inc. 550,615

B&G Foods, Inc. 523,492

B. Riley Financial, Inc. 282,656

Badger Meter, Inc. 867,710

Balchem Corp. 1,786,759

Banc of California, Inc. 371,437

BancFirst Corp. 552,915

Banco Latinoamericano de Comercio Exterior SA, Class E 319,536

Bancorp, Inc. 305,155

BancorpSouth Bank 1,456,270

Bandwidth, Inc., Class A 585,917

Bank First Corp. 186,212

Bank of Commerce Holdings 95,251

Bank of Marin Bancorp 299,388

Bank of N.T. Butterfield & Son, Ltd. 946,604

Bank of Princeton 87,993

Bank7 Corp. 34,725

BankFinancial Corp. 89,285

Bankwell Financial Group, Inc. 92,307

Banner Corp. 929,704

Bar Harbor Bankshares 172,370

Barnes & Noble Education, Inc. 72,522

Barnes Group, Inc. 1,529,472

Barrett Business Services, Inc. 308,542

Bassett Furniture Industries, Inc. 59,939

Baudax Bio, Inc. 33,304

Baycom Corp. 125,462

BBX Capital Corp. 128,118

BCB Bancorp, Inc. 93,992

Beacon Roofing Supply, Inc. 1,155,241

Beazer Homes USA, Inc. 203,033

Bed Bath & Beyond, Inc. 892,520

Bel Fuse, Inc., Class B 87,812

Belden, Inc. 987,765


Benchmark Electronics, Inc. 583,743

Benefitfocus, Inc. 281,570

Berkshire Hills Bancorp, Inc. 651,729

Berry Petroleum Corp. 220,474

Beyondspring, Inc. 99,894

BG Staffing, Inc. 102,592

Big Lots, Inc. 541,227

Biglari Holdings, Inc., Class B 52,613

BioCryst Pharmaceuticals, Inc. 216,811

BioDelivery Sciences International, Inc. 225,230

Biohaven Pharmaceutical Holding Co., Ltd. 974,164

BioLife Solutions, Inc. 51,423

BioSig Technologies, Inc. 39,772

BioSpecifics Technologies Corp. 186,161

BioTelemetry, Inc. 833,890

Bioxcel Therapeutics, Inc. 59,072

BJ's Restaurants, Inc. 390,839


Black Hills Corp. 2,605,066


of 142

Blackline, Inc. 1,358,525

Blackstone Mtg. Trust, Inc., Class A 2,477,003


Bloomin' Brands, Inc. 928,544

Blucora, Inc. 563,434

Blue Bird Corp. 153,420

Bluegreen Vacations Corp. 33,764

BlueLinx Holdings, Inc. 53,876


Bluerock Residential Growth REIT, Inc. 133,749

BMC Stock Holdings, Inc. 998,594

Boingo Wireless, Inc. 250,911

Boise Cascade Co. 722,226

Bonanza Creek Energy, Inc. 176,789


Boston Beer Co., Inc., Class A 1,529,583

Boston Omaha Corp., Class A 108,689

Boston Private Financial Holdings, Inc. 485,708

Bottomline Technologies, Inc. 1,192,439

Box, Inc., Class A 1,106,373

Boyd Gaming Corp. 1,235,790

Brady Corp., Class A 1,359,223

Braemar Hotels & Resorts, Inc. 123,115

Bridge Bancorp, Inc. 254,181

Bridgebio Pharma, Inc. 400,256

Bridgewater Bancshares, Inc. 151,576

Bridgford Foods Corp. 16,944

Briggs & Stratton Corp. 77,613

Brigham Minerals, Inc., Class A 140,571

Brightcove, Inc. 172,906

Brightsphere Investment Group, Inc. 311,012

BrightView Holdings, Inc. 253,227

Brinker International, Inc. 819,520

Brink's Co. 2,159,053

Brookdale Senior Living, Inc. 624,844

Brookline Bancorp, Inc. 612,332

Brooks Automation, Inc. 1,388,435

BRP Group, Inc., Class A 116,614

BRT Apartments Corp. 87,218

Bryn Mawr Bank Corp. 383,379

Buckle, Inc. 362,269

Builders FirstSource, Inc. 1,451,871

Business First Bancshares, Inc. 158,840

Byline Bancorp, Inc. 230,963

C&F Financial Corp. 83,584

Cabaletta Bio, Inc. 54,991


Cactus, Inc., Class A 697,069

Cadence BanCorp 1,008,291

Cadiz, Inc. 61,437

Caesarstone, Ltd. 151,479

CAI International, Inc. 229,459

CalAmp Corp. 164,021

Calavo Growers, Inc. 637,855

Caleres, Inc. 355,282

California Resources Corp. 182,260

California Water Service Group 1,297,969


Calix, Inc. 219,831

Callaway Golf Co. 1,028,524



Calyxt, Inc. 26,680

Cambium Networks Corp. 15,395

Cambridge Bancorp 159,085

Camden National Corp. 364,469

Camping World Holdings, Inc., Class A 263,335

Cannae Holdings, Inc. 1,411,797

Capital Bancorp, Inc. 55,638

Capital City Bank Group, Inc. 196,788

Capitol Federal Financial, Inc. 894,210

Capstar Financial Holdings, Inc. 112,275

Capstead Mtg. Corp. 394,848

Cara Therapeutics, Inc. 329,293

Cardiovascular Systems, Inc. 805,128

Cardlytics, Inc. 617,064

Cardtronics PLC, Class A 850,050

Care.com, Inc. 169,251

of 142

CareDx, Inc. 510,332

CareTrust REIT, Inc. 1,087,996

Cargurus, Inc. 1,372,988

Carolina Financial Corp. 460,507

Carpenter Technology Corp. 961,589

Carriage Services, Inc. 199,727

Carrols Restaurant Group, Inc. 81,420

Cars.com, Inc. 402,125

Carter Bank & Trust 230,217

Casa Systems, Inc. 65,207

Casella Waste Systems, Inc., Class A 1,205,780

CASI Pharmaceuticals, Inc. 73,818

Cass Information Systems, Inc. 390,781

Castle Biosciences, Inc. 59,984

Castlight Health, Inc., Class B 64,923

Catalyst Pharmaceuticals, Inc. 203,642

Catasys, Inc. 63,378

CatchMark Timber Trust, Inc., Class A 258,408

Cathay General Bancorp 1,420,692

Cato Corp., Class A 182,712


cbdMD, Inc. 5,497

CBIZ, Inc. 711,612

CBL & Associates Properties, Inc. 73,152

CBTX, Inc. 273,219

CECO Environmental Corp. 119,951

Cedar Realty Trust, Inc. 114,535

Celcuity, Inc. 33,363

Cellular Biomedicine Group, Inc. 105,966

CEL-SCI Corp. 182,299

Celsius Holdings, Inc. 79,834

CenterState Bank Corp. 1,397,299

Centogene NV 9,389

Central European Media Enterprises, Ltd., Class A 203,613

Central Garden & Pet Co. 173,258

Central Garden & Pet Co., Class A 646,567

Central Pacific Financial Corp. 397,482

Central Valley Community Bancorp 108,663

Centric Brands, Inc. 17,076

Century Aluminum Co. 136,461

Century Bancorp, Inc., Class A 125,302

Century Casinos, Inc. 116,612

Century Communities, Inc. 413,155

Cerecor, Inc. 44,908

Cerus Corp. 289,221

CEVA, Inc. 305,089

ChannelAdvisor Corp. 128,354

Chaparral Energy, Inc., Class A 16,435

Charah Solutions, Inc. 9,562

Chart Industries, Inc. 1,183,822

Chase Corp. 345,715

Chatham Lodging Trust 385,451

Checkpoint Therapeutics, Inc. 22,746

Cheesecake Factory, Inc. 820,531

Chefs' Warehouse, Inc. 456,784

Chegg, Inc. 2,507,980

ChemoCentryx, Inc. 887,723

Chemung Financial Corp. 72,358

Cherry Hill Mtg. Investment Corp. 123,756

Chesapeake Utilities Corp. 789,692

Chiasma, Inc. 83,053

Chico's FAS, Inc. 233,260

Children's Place, Inc. 464,591

Chimerix, Inc. 40,628

ChromaDex Corp. 92,923

Churchill Downs, Inc. 2,606,781

Chuy's Holdings, Inc. 209,166

CIM Commercial Trust Corp. 10,736

Cimpress PLC 1,223,935

Cincinnati Bell, Inc. 349,303

CIRCOR International, Inc. 416,463

Cirrus Logic, Inc. 2,299,077

Citi Trends, Inc. 133,335

Citizens & Northern Corp. 157,537

Citizens, Inc. 153,985

City Holding Co. 618,457

City Office REIT, Inc. 370,516

Civista Bancshares, Inc. 173,417

of 142

Clarus Corp. 159,069

Clean Energy Fuels Corp. 158,716

Clear Channel Outdoor Holdings, Inc. 68,520

Clearfield, Inc. 73,178

Clearwater Paper Corp. 231,550

Clearway Energy, Inc., Class A 370,475

Clearway Energy, Inc., Class C 802,025

Cleveland-Cliffs, Inc. 969,336

Clipper Realty, Inc. 78,905

Cloudera, Inc. 1,272,688

Clovis Oncology, Inc. 214,388

CNB Financial Corp. 220,458

CNO Financial Group, Inc. 1,366,989

CNX Resources Corp. 692,446

Coastal Financial Corp. 70,951

Coca-Cola Consolidated, Inc. 653,735

Coda Octopus Group, Inc. 14,964

Codexis, Inc. 425,790

Codorus Valley Bancorp, Inc. 105,577

Coeur Mining, Inc. 737,873

Cogent Communications Holdings, Inc. 1,546,061

Cohen & Steers, Inc. 865,640

Coherus Biosciences, Inc. 579,824

Cohu, Inc. 462,612

Collectors Universe, Inc. 113,246

Collegium Pharmaceutical, Inc. 332,058

Colony Bankcorp, Inc. 58,560

Colony Credit Real Estate, Inc. 517,410

Columbia Banking System, Inc. 1,433,216

Columbia Financial, Inc. 449,050

Columbus McKinnon Corp. 414,177

Comfort Systems USA, Inc. 867,030

Commercial Metals Co. 1,244,857

Commercial Vehicle Group, Inc. 77,849

Community Bank System, Inc. 1,731,105

Community Bankers Trust Corp. 97,995

Community Financial Corp. 85,476

Community Health Systems, Inc. 189,854

Community Healthcare Trust, Inc. 464,908

Community Trust Bancorp, Inc. 347,594

CommVault Systems, Inc. 947,131


Computer Programs & Systems, Inc. 169,624

CompX International, Inc. 13,695

comScore, Inc. 99,343

Comstock Resources, Inc. 44,002

Comtech Telecommunications Corp. 352,326

Concert Pharmaceuticals, Inc. 118,174

Concrete Pumping Holdings, Inc. 42,121

Conduent, Inc. 380,501

Conformis, Inc. 33,054

CONMED Corp. 1,422,910

ConnectOne Bancorp, Inc. 411,758

Conn's, Inc. 81,214

CONSOL Energy, Inc. 107,747

Consolidated Communications Holdings, Inc. 174,894

Consolidated Water Co., Ltd. 126,785

Consolidated-Tomoka Land Co. 159,475

Constellation Pharmaceuticals, Inc. 262,338

Construction Partners, Inc., Class A 151,674

Container Store Group, Inc. 33,011

Continental Building Products, Inc. 661,270

Contura Energy, Inc. 53,916

Cooper Tire & Rubber Co. 684,210

Cooper-Standard Holdings, Inc. 228,417

Corbus Pharmaceuticals Holdings, Inc. 197,270

Corcept Therapeutics, Inc. 623,060

CoreCivic, Inc. 976,268

Core-Mark Holding Co., Inc. 545,472

CorEnergy Infrastructure Trust, Inc. 301,416

CorePoint Lodging, Inc. 187,978

Corium International, Inc. CVR 2,684

CorMedix, Inc. 82,836

Cornerstone Building Brands, Inc. 202,660


Cortexyme, Inc. 274,657

CorVel Corp. 415,911

Costamare, Inc. 210,407

of 142

Covanta Holding Corp. 908,088

Covenant Transportation Group, Inc., Class A 82,173

Covia Holdings Corp. 34,189

Cowen, Inc., Class A 232,951

CRA International, Inc. 206,300

Cracker Barrel Old Country Store, Inc. 1,888,380

Craft Brew Alliance, Inc. 97,711

Crawford & Co., Class A 73,093

Crinetics Pharmaceuticals, Inc. 121,813

Crocs, Inc. 1,343,872

Cross Country Healthcare, Inc. 181,715


CryoLife, Inc. 556,941

CryoPort, Inc. 289,927

CSG Systems International, Inc. 841,809

CSW Industrials, Inc. 579,420

CTS Corp. 489,301

Cubic Corp. 1,048,688

Cue Biopharma, Inc. 155,538

Culp, Inc. 71,524

Cumulus Media, Inc., Class A 103,460

Curo Group Holdings Corp. 83,113

Cushman & Wakefield PLC 1,112,473

Customers Bancorp, Inc. 311,442

Cutera, Inc. 202,952

CVB Financial Corp. 1,424,760

CVR Energy, Inc. 526,037

Cyclerion Therapeutics, Inc. 39,780

Cymabay Therapeutics, Inc. 54,487

Cytokinetics, Inc. 351,731

CytomX Therapeutics, Inc. 171,610

CytoSorbents Corp. 77,686

Daily Journal Corp. 160,050

Daktronics, Inc. 111,050

Dana, Inc. 1,143,607

Darling Ingredients, Inc. 2,288,931

DASAN Zhone Solutions, Inc. 35,812

Daseke, Inc. 71,280

Dave & Buster's Entertainment, Inc. 700,068

Deciphera Pharmaceuticals, Inc. 635,068

Deckers Outdoor Corp. 2,755,595

Del Taco Restaurants, Inc. 111,781

Delek US Holdings, Inc. 1,043,947



Denali Therapeutics, Inc. 570,384

Denbury Resources, Inc. 243,778

Denny's Corp. 609,105

Dermira, Inc. 460,049

Designer Brands, Inc., Class A 454,982

DHI Group, Inc. 72,033

DHT Holdings, Inc. 264,576

Diamond Hill Investment Group, Inc. 227,203

Diamond Offshore Drilling, Inc. 154,360

Diamond S Shipping, Inc. 126,667

DiamondRock Hospitality Co. 1,000,507

Dicerna Pharmaceuticals, Inc. 525,099

Diebold Nixdorf, Inc. 454,058

Digi International, Inc. 225,221

Digimarc Corp. 188,518

Digital Turbine, Inc. 251,503

Dillard's, Inc., Class A 311,554

Dime Community Bancshares, Inc. 316,150

Dine Brands Global, Inc. 699,562

Diodes, Inc. 1,089,191

Diplomat Pharmacy, Inc. 119,472

Diversified Healthcare Trust 938,930

DLB Oil & Gas, Inc. 0

DMC Global, Inc. 303,351

Domo, Inc., Class B 217,762

Donegal Group, Inc., Class A 73,991

Donnelley Financial Solutions, Inc. 145,096

Dorian LPG, Ltd. 185,372

Dorman Products, Inc. 966,381

Douglas Dynamics, Inc. 603,417


Drive Shack, Inc. 117,343

DSP Group, Inc. 163,861

of 142

Ducommun, Inc. 225,647

Duluth Holdings, Inc., Class B 46,602

DXP Enterprises, Inc. 289,633

Dycom Industries, Inc. 631,320

Dynavax Technologies Corp. 216,175

Dynex Capital, Inc. 204,770

e.l.f. Beauty, Inc. 211,335


Eagle Bancorp, Inc. 734,859

Eagle Bulk Shipping, Inc. 73,892

Eagle Pharmaceuticals, Inc. 251,716

Earthstone Energy, Inc., Class A 50,795

Easterly Government Properties, Inc. 925,427

Eastern Co. 76,895


Ebix, Inc. 411,439

Echo Global Logistics, Inc. 266,863

Edgewell Personal Care Co. 717,047

Editas Medicine, Inc. 702,192

eGain Corp. 75,370

eHealth, Inc. 1,231,213

Eidos Therapeutics, Inc. 308,385

Eiger BioPharmaceuticals, Inc. 148,814

El Paso Electric Co. 1,420,017

El Pollo Loco Holdings, Inc. 138,448


ElectroCore, Inc. 8,399

Elevate Credit, Inc. 67,007

Ellington Financial, Inc. 287,405

Eloxx Pharmaceuticals, Inc. 49,491

EMCOR Group, Inc. 2,356,553

Emerald Expositions Events, Inc. 132,419

Emergent BioSolutions, Inc. 1,291,144

Employers Holdings, Inc. 691,655



Encore Wire Corp. 568,028

Endo International PLC 654,789

Endurance International Group Holdings, Inc. 173,569

Energous Corp. 23,299

Energy Fuels, Inc. 68,698

Energy Recovery, Inc. 197,084


EnerSys 1,577,651

Ennis, Inc. 273,162

Enochian Biosciences, Inc. 31,338

Enova International, Inc. 424,191

Enphase Energy, Inc. 1,487,019

EnPro Industries, Inc. 617,594

Ensign Group, Inc. 1,174,748

Enstar Group, Ltd. 1,153,383

Entercom Communications Corp., Class A 243,111

Enterprise Bancorp, Inc. 142,847

Enterprise Financial Services Corp. 543,222

Entravision Communications Corp., Class A 68,223


Enzo Biochem, Inc. 56,892

Epizyme, Inc. 834,835

ePlus, Inc. 546,720

Equity Bancshares, Inc., Class A 205,103

Era Group, Inc. 99,539

Eros International PLC 90,334

Escalade, Inc. 47,696

ESCO Technologies, Inc. 1,259,379

Esperion Therapeutics, Inc. 703,148

Esquire Financial Holdings, Inc. 74,484

ESSA Bancorp, Inc. 82,360

Essent Group, Ltd. 2,455,199

Essential Properties Realty Trust, Inc. 1,144,738

Ethan Allen Interiors, Inc. 199,130

Evans Bancorp, Inc. 94,672

Evelo Biosciences, Inc. 41,448

Eventbrite, Inc., Class A 396,943

Everbridge, Inc. 1,547,950

Everi Holdings, Inc. 441,213

EverQuote, Inc., Class A 165,692

EVERTEC, Inc. 1,045,873

EVI Industries, Inc. 62,458

of 142

Evo Payments, Inc., Class A 504,821

Evofem Biosciences, Inc. 35,972

Evolent Health, Inc., Class A 383,514

Evolus, Inc. 97,072

Evolution Petroleum Corp. 70,358

Evoqua Water Technologies Corp. 768,006

Exagen, Inc. 35,126

Exantas Capital Corp. 189,257

Exela Technologies, Inc. 8,650

ExlService Holdings, Inc. 1,259,100

eXp World Holdings, Inc. 116,980

Exponent, Inc. 1,934,227

Express, Inc. 135,546

Exterran Corp. 80,433

Extraction Oil & Gas, Inc. 61,747

Extreme Networks, Inc. 362,703

EyePoint Pharmaceuticals, Inc. 60,586

EZCORP, Inc., Class A 162,479

Fabrinet 1,180,676

Falcon Minerals Corp. 109,005

Farmer Brothers Co. 65,147

Farmers & Merchants Bancorp, Inc. 152,263

Farmers National Banc Corp. 208,096

Farmland Partners, Inc. 92,528

FARO Technologies, Inc. 457,191

Fate Therapeutics, Inc. 790,243

FB Financial Corp. 311,617

FBL Financial Group, Inc., Class A 267,502

Federal Agricultural Mtg. Corp., Class C 353,574


Federated Investors, Inc., Class B 1,794,689

FedNat Holding Co. 92,108

Ferro Corp. 573,548

Ferroglobe Representation & Warranty Trust 0

FGL Holdings 722,804

FibroGen, Inc. 1,688,689

Fidelity D&D Bancorp, Inc. 81,580

Fiesta Restaurant Group, Inc. 119,617

Financial Institutions, Inc. 244,909

First Bancorp 534,080

First Bancorp, Inc. 148,866

First BanCorp./Puerto Rico 1,022,286

First Bancshares, Inc. 293,190

First Bank 91,282

First Busey Corp. 672,843

First Business Financial Services, Inc. 106,738

First Capital, Inc. 110,007

First Choice Bancorp 126,106

First Commonwealth Financial Corp. 679,704

First Community Bankshares, Inc. 228,530

First Defiance Financial Corp. 293,253

First Financial Bancorp 1,203,803

First Financial Bankshares, Inc. 2,240,309

First Financial Corp. 280,718

First Financial Northwest, Inc. 59,559

First Foundation, Inc. 331,370

First Guaranty Bancshares, Inc. 47,646

First Industrial Realty Trust, Inc. 2,766,533

First Internet Bancorp 128,759

First Interstate BancSystem, Inc., Class A 748,594

First Merchants Corp. 1,114,670

First Mid Bancshares, Inc. 244,774

First Midwest Bancorp, Inc. 1,091,396

First Northwest Bancorp 71,039

First of Long Island Corp. 263,727


Fitbit, Inc., Class A 752,799

Five Prime Therapeutics, Inc. 82,690

Five9, Inc. 2,204,191


Flagstar Bancorp, Inc. 627,765

Flexion Therapeutics, Inc. 303,954

Flexsteel Industries, Inc. 62,943

Flotek Industries, Inc. 46,946

Fluent, Inc. 59,357

Fluidigm Corp. 136,370

Flushing Financial Corp. 275,915

FNCB Bancorp, Inc. 68,978

of 142

Focus Financial Partners, Inc. Class A 445,051

ForeScout Technologies, Inc. 620,007

Forestar Group, Inc. 125,471

FormFactor, Inc. 981,218

Forrester Research, Inc. 228,487

Forterra, Inc. 123,556


Forum Energy Technologies, Inc. 45,057

Forward Air Corp. 948,043

Fossil Group, Inc. 161,756

Foundation Building Materials, Inc. 186,359

Four Corners Property Trust, Inc. 1,065,966

Fox Factory Holding Corp. 1,272,301

Franklin Covey Co. 159,127

Franklin Electric Co., Inc. 1,369,849

Franklin Financial Network, Inc. 248,356

Franklin Financial Services Corp. 77,715

Franklin Street Properties Corp. 405,285

Frank's International NV 191,671

Frequency Therapeutics, Inc. 70,630

Fresh Del Monte Produce, Inc. 494,486

Freshpet, Inc. 1,111,781

Front Yard Residential Corp. 272,971

Frontier Communications Corp. 29,729

FRP Holdings, Inc. 169,288

FS Bancorp, Inc. 112,395


FTS International, Inc. 10,192

Fulcrum Therapeutics, Inc. 40,204

Fulton Financial Corp. 1,357,655

Funko, Inc., Class A 169,027

FutureFuel Corp. 145,362

FVCBankcorp, Inc. 99,416


Gaia, Inc. 45,650

GAIN Capital Holdings, Inc. 38,822

Galectin Therapeutics, Inc. 54,110

Galera Therapeutics, Inc. 12,807

GAMCO Investors, Inc., Class A 44,006

GameStop Corp., Class A 177,247

Gannett Co, Inc. 368,470

GasLog, Ltd. 134,674

GATX Corp. 1,369,807

GCP Applied Technologies, Inc. 617,449

Genco Shipping & Trading, Ltd. 61,323

Gencor Industries, Inc. 52,306


General Finance Corp. 57,672

Genesco, Inc. 292,541

Genesis Healthcare, Inc. 64,532

Genie Energy, Ltd., Class B 52,699

GenMark Diagnostics, Inc. 153,523


Genworth Financial, Inc., Class A 1,066,111

GEO Group, Inc. 966,123

Geospace Technologies Corp. 91,121

German American Bancorp, Inc. 434,965

Geron Corp. 124,662

Getty Realty Corp. 540,347


G-III Apparel Group, Ltd. 616,851

Glacier Bancorp, Inc. 1,890,846

Gladstone Commercial Corp. 335,619

Gladstone Land Corp. 124,957

Glaukos Corp. 1,124,100

Global Blood Therapeutics, Inc. 1,941,811

Global Indemnity, Ltd. 134,665

Global Medical REIT, Inc. 242,886

Global Net Lease, Inc. 959,011

Global Water Resources, Inc. 76,513

Globus Medical, Inc., Class A 2,041,952

Glu Mobile, Inc. 351,015

GlycoMimetics, Inc. 74,344

GMS, Inc. 546,985

GNC Holdings, Inc., Class A 89,891

Gogo, Inc. 148,379

Golar LNG, Ltd. 468,234

Gold Resource Corp. 171,496

of 142

Golden Entertainment, Inc. 150,751

Goodrich Petroleum Corp. 31,316

Goosehead Insurance, Inc., Class A 306,349

GoPro, Inc., Class A 258,169

Gorman-Rupp Co. 334,036

Gossamer Bio, Inc. 292,519

GP Strategies Corp. 87,393

Graham Corp. 90,102

Granite Construction, Inc. 653,670

Granite Point Mtg. Trust, Inc. 509,450

Gray Television, Inc. 948,638

Great Ajax Corp. 133,577

Great Lakes Dredge & Dock Corp. 327,763

Great Southern Bancorp, Inc. 323,704

Great Western Bancorp, Inc. 858,664

Green Brick Partners, Inc. 144,759

Green Dot Corp., Class A 747,518

Green Plains, Inc. 219,784

Greenbrier Cos., Inc. 397,389

Greene County Bancorp, Inc. 49,594

Greenhill & Co., Inc. 122,571

Greenlane Holdings, Inc., Class A 12,622

Greenlight Capital Re, Ltd., Class A 139,473

Greif, Inc., Class A 537,101

Greif, Inc., Class B 146,750

Griffin Industrial Realty, Inc. 20,088

Griffon Corp. 389,709

Gritstone Oncology, Inc. 113,417

Group 1 Automotive, Inc. 913,077

Groupon, Inc. 668,353

GSI Technology, Inc. 66,137

GTT Communications, Inc. 205,420

GTY Technology Holdings, Inc. 127,435

Guaranty Bancshares, Inc. 127,786

Guess?, Inc. 503,019

Gulfport Energy Corp. 127,529

GWG Holdings, Inc. 8,163

H&E Equipment Services, Inc. 444,740

H.B. Fuller Co. 1,208,946

Habit Restaurants, Inc., Class A 147,070

Hackett Group, Inc. 194,099


Hallador Energy Co. 17,334

Hallmark Financial Services, Inc. 115,412

Halozyme Therapeutics, Inc. 1,395,542

Hamilton Beach Brands Holding Co., Class A 52,424

Hamilton Lane, Inc., Class A 734,909



Hanmi Financial Corp. 261,736

Hannon Armstrong Sustainable Infrastructure Capital, Inc. 1,109,016

HarborOne Bancorp, Inc. 146,925

Harmonic, Inc. 316,723

Harpoon Therapeutics,, Inc.. 50,063

Harsco Corp. 596,969

Haverty Furniture Cos., Inc. 184,451


Hawkins, Inc. 209,276

Hawthorn Bancshares, Inc. 66,112

Haynes International, Inc. 171,101

HBT Financial, Inc. 90,290

HCI Group, Inc. 139,362

Health Catalyst, Inc. 137,848

Health Insurance Innovations, Inc., Class A 115,153

Healthcare Realty Trust, Inc. 2,453,522

Healthcare Services Group, Inc. 978,099


HealthStream, Inc. 341,885

Heartland Express, Inc. 440,953

Heartland Financial USA, Inc. 873,582

Hecla Mining Co. 764,196

Heidrick & Struggles International, Inc. 274,765


Helios Technologies, Inc. 639,841

Helix Energy Solutions Group, Inc. 607,953

Hemisphere Media Group, Inc. 120,140

Herc Holdings, Inc. 496,766

Heritage Commerce Corp. 326,099

of 142

Heritage Financial Corp. 485,334

Heritage Insurance Holdings, Inc. 162,412

Heritage-Crystal Clean, Inc. 218,749

Herman Miller, Inc. 1,169,936

Heron Therapeutics, Inc. 900,610

Hersha Hospitality Trust 228,908

Hertz Global Holdings, Inc. 821,600

Heska Corp. 360,584

HF Foods Group, Inc. 67,234

Hibbett Sports, Inc. 223,441

HighPoint Resources Corp. 66,940

Hillenbrand, Inc. 1,089,031

Hilltop Holdings, Inc. 813,206

Hingham Institution for Savings 149,295

HMS Holdings Corp. 1,232,159

HNI Corp. 791,664

Home Bancorp, Inc. 139,146

Home BancShares, Inc. 1,524,227

HomeStreet, Inc. 369,907

HomeTrust Bancshares, Inc. 213,194


Hooker Furniture Corp. 147,125

Hookipa Pharma, Inc. 61,428


Horace Mann Educators Corp. 913,747

Horizon Bancorp 324,373

Hostess Brands, Inc. 823,800

Houghton Mifflin Harcourt Co. 296,043

Houlihan Lokey, Inc. 1,121,101

Howard Bancorp, Inc. 111,778

Hub Group, Inc., Class A 877,801

Hudson, Ltd., Class A 223,514

Hurco Cos., Inc. 102,038

Huron Consulting Group, Inc. 746,546

Hyster-Yale Materials Handling, Inc. 280,586

I3 Verticals, Inc., Class A 240,141


ICF International, Inc. 816,602

Ichor Holdings, Ltd. 377,474

Ideanomics, Inc. 15,002

IDT Corp., Class B 64,668

IES Holdings, Inc. 106,017


II-VI, Inc. 1,545,343

IMAX Corp. 444,463

Immersion Corp. 117,222

ImmunoGen, Inc. 351,984


Impinj, Inc. 277,456

Independence Contract Drilling, Inc. 17,135

Independence Holding Co. 103,330

Independence Realty Trust, Inc. 686,175

Independent Bank Corp. 1,231,732

Independent Bank Corp. 237,639

Independent Bank Group, Inc. 980,272

Industrial Logistics Properties Trust 762,191

Infinera Corp. 675,483

Information Services Group, Inc. 49,478

Ingevity Corp. 1,408,752

Ingles Markets, Inc., Class A 302,961

InnerWorkings, Inc. 94,097

Innophos Holdings, Inc. 321,933

Innospec, Inc. 1,257,816

Innovative Industrial Properties, Inc. 521,069

Innoviva, Inc. 452,970

Inogen, Inc. 415,474

Inovalon Holdings, Inc., Class A 757,319

Inovio Pharmaceuticals, Inc. 215,696

Inphi Corp. 1,754,220

Inseego Corp. 155,162

Insight Enterprises, Inc. 1,182,301

Insmed, Inc. 939,459

Insperity, Inc. 1,686,503

Inspire Medical Systems, Inc. 517,392

Inspired Entertainment, Inc. 26,628

Installed Building Products, Inc. 862,503

Insteel Industries, Inc. 211,956

Instructure, Inc. 867,105

of 142

Integer Holdings Corp. 1,425,753

Intellia Therapeutics, Inc. 236,509

Intelligent Systems Corp. 148,660

Intelsat SA 117,437

Inter Parfums, Inc. 624,893

Intercept Pharmaceuticals, Inc. 1,194,214

InterDigital, Inc. 885,326

Interface, Inc. 477,978

International Bancshares Corp. 1,125,934

International Money Express, Inc. 97,981

International Seaways, Inc. 288,312

Intersect ENT, Inc. 407,652

INTL. FCStone, Inc. 390,383

Intra-Cellular Therapies, Inc. 518,988

Intrepid Potash, Inc. 116,549

Intrexon Corp. 173,440

IntriCon Corp. 71,781

Invacare Corp. 132,829

Invesco Mtg. Capital, Inc. 1,290,849

Investar Holding Corp. 104,602

Investors Bancorp, Inc. 1,411,262

Investors Real Estate Trust 441,021

Investors Title Co. 112,985

Invitae Corp. 830,093


iRadimed Corp. 59,517


Iridium Communications, Inc. 1,299,907

iRobot Corp. 663,311

Ironwood Pharmaceuticals, Inc. 953,595

iStar, Inc. 444,415

Iteris, Inc. 104,337

Itron, Inc. 1,440,272

J Alexander's Holdings, Inc. 64,311

J&J Snack Foods Corp. 1,288,079

J. Jill, Inc. 10,303

J.C. Penney Co., Inc. 123,150

j2 Global, Inc. 2,296,614


James River Group Holdings, Ltd. 653,160

JELD-WEN Holding, Inc. 828,493

Jernigan Capital, Inc. 219,090

John B. Sanfilippo & Son, Inc. 373,533

John Bean Technologies Corp. 1,810,552

Johnson Outdoors, Inc., Class A 199,094

Joint Corp. 112,007

Jounce Therapeutics, Inc. 52,276

K12, Inc. 325,689

Kadant, Inc. 601,757

Kadmon Holdings, Inc. 368,953

Kaiser Aluminum Corp. 810,314

Kala Pharmaceuticals, Inc. 68,159

Kaleido Biosciences, Inc. 50,064


Kaman Corp. 877,473

Karuna Therapeutics, Inc. 223,228

Karyopharm Therapeutics, Inc. 494,255

KB Home 1,653,965

KBR, Inc. 1,978,882

Kearny Financial Corp. 502,620

Kelly Services, Inc., Class A 302,169

KEMET Corp. 761,514

Kennametal, Inc. 1,320,125

Kennedy-Wilson Holdings, Inc. 1,359,056

Kezar Life Sciences, Inc. 24,529

Kforce, Inc. 384,987

Kimball Electronics, Inc. 203,933

Kimball International, Inc., Class B 344,050

Kindred Biosciences, Inc. 166,097

Kiniksa Pharmaceuticals, Ltd., Class A 105,412

Kinsale Capital Group, Inc. 1,198,739

Kite Realty Group Trust 732,187

KKR Real Estate Finance Trust, Inc. 273,061

KLX Energy Services Holdings, Inc. 44,084

Knoll, Inc. 623,630

Knowles Corp. 824,497

Kodiak Sciences, Inc. 739,619

Kontoor Brands, Inc. 866,693

of 142

Koppers Holdings, Inc. 303,350

Korn Ferry 1,187,764

Kraton Corp. 264,500

Kratos Defense & Security Solutions, Inc. 849,014

Kronos Worldwide, Inc. 126,134

Krystal Biotech, Inc. 281,786

Kura Oncology, Inc. 206,941

Kura Sushi USA, Inc., Class A 38,915

KVH Industries, Inc. 86,755

La Jolla Pharmaceutical Co. 72,877

Ladder Capital Corp. 970,476

Ladenburg Thalmann Financial Services, Inc. 212,953

Lakeland Bancorp, Inc. 406,536

Lakeland Financial Corp. 600,496

Lancaster Colony Corp. 1,501,806

Landec Corp. 148,982

Lands' End, Inc. 63,562

Lannett Co., Inc. 135,832

Lantheus Holdings, Inc. 346,961

Laredo Petroleum, Inc. 159,411


Laureate Education, Inc., Class A 1,264,009

Lawson Products, Inc. 101,287

La-Z-Boy, Inc. 706,099

LB Foster Co., Class A 87,174

LCI Industries 1,353,404

LCNB Corp. 103,447

Leaf Group, Ltd. 31,400

Lee Enterprises, Inc. 58,029

Legacy Housing Corp. 41,599

LeMaitre Vascular, Inc. 303,965

LendingClub Corp. 404,117

Level One Bancorp, Inc. 65,705

Lexicon Pharmaceuticals, Inc. 65,873

Lexington Realty Trust 1,375,082

LGI Homes, Inc. 820,604

LHC Group, Inc. 2,253,732

Liberty Latin America, Ltd., Class A 396,250

Liberty Latin America, Ltd., Class C 985,354

Liberty Media Corp. - Liberty Braves, Series A 149,438

Liberty Media Corp. - Liberty Braves, Series C 539,596

Liberty Oilfield Services, Inc., Class A 231,826

Liberty TripAdvisor Holdings, Inc., Class A 219,703

Lifetime Brands, Inc. 41,250

Lifevantage Corp. 115,741

Ligand Pharmaceuticals, Inc. 772,113

Limelight Networks, Inc. 290,298

Limoneira Co. 156,804

Lindblad Expeditions Holdings, Inc. 194,434

Lindsay Corp. 554,866

Lineage Cell Therapeutics, Inc. 57,215

Liquidia Technologies, Inc. 40,054

Liquidity Services, Inc. 74,852

Lithia Motors, Inc., Class A 1,562,708

LivaNova PLC 1,695,376

Live Oak Bancshares, Inc. 234,669

Livent Corp. 708,996

LivePerson, Inc. 1,308,260


LiveXLive Media, Inc. 23,485

Livongo Health, Inc. 183,109

LogicBio Therapeutics, Inc. 42,105

Loral Space & Communications, Inc. 212,097

Louisiana-Pacific Corp. 1,862,215

Lovesac Co. 51,200

LSB Industries, Inc. 34,884

LTC Properties, Inc. 933,632

Lumber Liquidators Holdings, Inc. 111,487


Luminex Corp. 489,678

Luther Burbank Corp. 105,688

Luxfer Holdings PLC 224,656

Lydall, Inc. 179,034

M/I Homes, Inc. 618,086

Macatawa Bank Corp. 140,948

Mack-Cali Realty Corp. 977,264

Mackinac Financial Corp. 71,593

MACOM Technology Solutions Holdings, Inc. 670,769

of 142

MacroGenics, Inc. 226,459

Madrigal Pharmaceuticals, Inc. 333,242

Magellan Health, Inc. 825,296

Magenta Therapeutics, Inc. 117,232


MainStreet Bancshares, Inc. 80,234

Majesco 27,155

Malibu Boats, Inc., Class A 458,963

Mallinckrodt PLC 198,123

Malvern Bancorp, Inc. 77,600

Mammoth Energy Services, Inc. 9,480

Manitowoc Co, Inc. 260,432

MannKind Corp. 141,577

ManTech International Corp., Class A 1,104,492

Marchex, Inc., Class B 62,874

Marcus & Millichap, Inc. 417,578

Marcus Corp. 334,963

Marine Products Corp. 53,130

MarineMax, Inc. 215,822

Marinus Pharmaceuticals, Inc. 53,631

Marker Therapeutics, Inc. 36,050

Marlin Business Services Corp. 87,310

Marriott Vacations Worldwide Corp. 2,558,226

Marrone Bio Innovations, Inc. 30,648

Marten Transport, Ltd. 418,397

Masonite International Corp. 950,367

MasTec, Inc. 1,780,721

MasterCraft Boat Holdings, Inc. 166,142

Matador Resources Co. 836,835

Materion Corp. 566,240

Matrix Service Co. 277,857

Matson, Inc. 786,350

Matthews International Corp., Class A 591,111

Maui Land & Pineapple Co., Inc. 36,241

Maxar Technologies, Inc. 489,940


MaxLinear, Inc. 661,549

Mayville Engineering Co., Inc. 24,649

MBIA, Inc. 350,133

McDermott International, Inc. 6,805

McGrath RentCorp 961,552

MDC Holdings, Inc. 1,093,322

MDC Partners, Inc., Class A 65,962

Medallion Financial Corp. 73,020

Media General, Inc. CVR 0

MediciNova, Inc. 124,647

Medifast, Inc. 550,115

Medpace Holdings, Inc. 1,213,013

Meet Group, Inc. 189,204

MEI Pharma, Inc. 82,818

MeiraGTx Holdings PLC 159,259


Mercantile Bank Corp. 270,058

Merchants Bancorp 87,143


Meredith Corp. 614,492

Meridian Bancorp, Inc. 443,346

Meridian Bioscience, Inc. 212,869

Merit Medical Systems, Inc. 1,002,388

Meritage Homes Corp. 1,320,637


Mersana Therapeutics, Inc. 124,517

Mesa Air Group, Inc. 91,267

Mesa Laboratories, Inc. 538,789

Meta Financial Group, Inc. 675,059

Methode Electronics, Inc. 614,816

Metrocity Bankshares, Inc. 131,099

Metropolitan Bank Holding Corp. 177,087

MGE Energy, Inc. 1,433,145

MGP Ingredients, Inc. 227,078

Michaels Cos., Inc. 212,488

MicroStrategy, Inc., Class A 646,128

Mid Penn Bancorp, Inc. 84,984

Middlesex Water Co. 544,007

Midland States Bancorp, Inc. 297,674

MidWestOne Financial Group, Inc. 197,145

Millendo Therapeutics, Inc. 38,303

Miller Industries, Inc. 195,311

of 142

Minerals Technologies, Inc. 968,981

Minerva Neurosciences, Inc. 123,478


Mirum Pharmaceuticals, Inc. 21,716

Misonix, Inc. 68,830

Mistras Group, Inc. 102,342

Mitek Systems, Inc. 187,363

MMA Capital Holdings, Inc. 75,780

Mobile Mini, Inc. 940,987

MobileIron, Inc. 241,457

Model N, Inc. 528,296

Modine Manufacturing Co. 178,836

Moelis & Co., Class A 878,148

Molecular Templates, Inc. 130,650

Momenta Pharmaceuticals, Inc. 1,468,673

Monarch Casino & Resort, Inc. 312,632

Monmouth Real Estate Investment Corp. 694,471

Monro, Inc. 1,051,542

Montage Resources Corp., Class A 40,106

Moog, Inc., Class A 1,480,088

Morphic Holding, Inc. 51,034

Motorcar Parts of America, Inc. 190,716

Movado Group, Inc. 139,224

Mr. Cooper Group, Inc. 484,008

MRC Global, Inc. 455,084


MSG Networks, Inc., Class A 335,685

MTS Systems Corp. 467,666

Mueller Industries, Inc. 831,170

Mueller Water Products, Inc., Class A 939,340

Murphy USA, Inc. 1,530,098

Mustang Bio, Inc. 52,477

MutualFirst Financial, Inc. 111,988

MVB Financial Corp. 98,362

Myers Industries, Inc. 294,816

MyoKardia, Inc. 1,552,513

MYR Group, Inc. 237,486

Myriad Genetics, Inc. 1,010,055

Nabors Industries, Ltd. 374,964

NACCO Industries, Inc., Class A 89,283

NanoString Technologies, Inc. 466,509

Napco Security Technologies, Inc. 174,695

Natera, Inc. 1,120,845

Nathan's Famous, Inc. 99,330

National Bank Holdings Corp., Class A 494,020

National Bankshares, Inc. 132,526

National Beverage Corp. 260,292

National CineMedia, Inc. 236,197

National Energy Services Reunited Corp. 80,299

National General Holdings Corp. 757,966

National Health Investors, Inc. 1,846,656

National HealthCare Corp. 526,850

National Presto Industries, Inc. 220,215

National Research Corp. 418,133

National Storage Affiliates Trust 1,041,097

National Vision Holdings, Inc. 1,373,228

National Western Life Group, Inc., Class A 311,752

Natural Gas Services Group, Inc. 69,211

Natural Grocers by Vitamin Cottage, Inc. 42,137

Nature's Sunshine Products, Inc. 42,953

Natus Medical, Inc. 542,224

Navistar International Corp. 932,785

NBT Bancorp, Inc. 828,772

NCS Multistage Holdings, Inc. 9,027

Neenah, Inc. 573,037

Nelnet, Inc., Class A 526,506

Neogen Corp. 1,771,623

NeoGenomics, Inc. 1,578,368

Neon Therapeutics, Inc. 9,805

NeoPhotonics Corp. 154,286

NETGEAR, Inc. 393,619

NetScout Systems, Inc. 948,570

Neuronetics, Inc. 24,873


New Age Beverages Corp. 67,030

New Jersey Resources Corp. 1,884,977

New Senior Investment Group, Inc. 327,729


of 142

Newmark Group, Inc., Class A 868,238


NewStar Financial, Inc. CVR 9,676

NexPoint Residential Trust, Inc. 500,298

NextCure, Inc. 309,168

NextDecade Corp. 31,526

NextGen Healthcare, Inc. 389,314


NGM Biopharmaceuticals, Inc. 202,788

NI Holdings, Inc. 75,230

NIC, Inc. 666,420

Nicolet Bankshares, Inc. 339,403

Nine Energy Service, Inc. 39,514

NL Industries, Inc. 14,438

nLight, Inc. 298,251

NMI Holdings, Inc., Class A 1,068,043

NN, Inc. 185,968

Noble Corp. PLC 102,954

Noodles & Co. 104,715

Nordic American Tankers, Ltd. 241,893

Northeast Bank 85,137

Northern Oil and Gas, Inc. 252,891

Northfield Bancorp, Inc. 356,333

Northrim BanCorp, Inc. 124,668

Northwest Bancshares, Inc. 810,812

Northwest Natural Holding Co. 1,140,472

Northwest Pipe Co. 160,868


Norwood Financial Corp. 100,810

Novagold Resources, Inc. 1,084,313

Novanta, Inc. 1,569,538

Novavax, Inc. 103,998

Novocure, Ltd. 3,634,990

NOW, Inc. 556,916

NuVasive, Inc. 2,057,253

NV5 Global, Inc. 330,363

NVE Corp. 179,805

Oak Valley Bancorp 65,028

Oasis Petroleum, Inc. 369,122

Oceaneering International, Inc. 631,595

OceanFirst Financial Corp. 653,118

Ocular Therapeutix, Inc. 94,590

Ocwen Financial Corp. 85,090


Office Depot, Inc. 619,855

Office Properties Income Trust 834,041

OFG Bancorp 512,086

Ohio Valley Banc Corp. 70,297


Oil-Dri Corp. of America 95,615

Old National Bancorp 1,555,716

Old Second Bancorp, Inc. 183,022

Olympic Steel, Inc. 69,649

Omega Flex, Inc. 156,941

Omeros Corp. 309,379

Omnicell, Inc. 1,729,964

OMNOVA Solutions, Inc. 227,536

On Deck Capital, Inc. 131,857

Oncocyte Corp. 28,817

Oncternal Therapeutics, Inc. CVR 754

ONE Gas, Inc. 2,536,758

One Liberty Properties, Inc. 218,392

OneSpan, Inc. 279,648

OneSpaWorld Holdings, Ltd. 350,153

Onto Innovation, Inc. 938,029

Ooma, Inc. 133,860

OP Bancorp 67,333

OPKO Health, Inc. 287,187

Oportun Financial Corp. 78,353

Oppenheimer Holdings, Inc., Class A 135,078

OptimizeRx Corp. 78,311

Optinose, Inc. 100,232

Option Care Health, Inc. 264,481

Opus Bank 299,484

OraSure Technologies, Inc. 222,731

ORBCOMM, Inc. 134,819

Orchid Island Capital, Inc. 196,475

Organogenesis Holdings, Inc. 25,095

of 142

Origin Bancorp, Inc. 345,845

Orion Engineered Carbons SA 486,041

Ormat Technologies, Inc. 1,615,874

Orrstown Financial Services, Inc. 107,110

Orthofix Medical, Inc. 401,539

OrthoPediatrics Corp. 210,681

OSI Systems, Inc. 750,388

Osmotica Pharmaceuticals PLC 26,127

Otter Tail Corp. 1,084,911

Overseas Shipholding Group, Inc., Class A 59,162

Overstock.com, Inc. 112,145

Owens & Minor, Inc. 198,210

Oxford Industries, Inc. 593,092

Oyster Point Pharma, Inc. 91,035

P.A.M. Transportation Services, Inc. 52,288

P.H. Glatfelter Co. 373,579

Pacific Biosciences of California, Inc. 341,424

Pacific Drilling SA 28,213

Pacific Mercantile Bancorp 69,238


Pacira BioSciences, Inc. 909,781

Palatin Technologies, Inc. 76,482

Palomar Holdings, Inc. 343,790

Pan American Silver Corp. CVR 113,448

Panhandle Oil and Gas, Inc., Class A 56,965

Papa John's International, Inc. 735,901

Par Pacific Holdings, Inc. 366,063

PAR Technology Corp. 202,138

Paratek Pharmaceuticals, Inc. 56,727

Pareteum Corp. 44,045

Park Aerospace Corp. 148,419

Park National Corp. 647,316

Parke Bancorp, Inc. 99,530

Parker Drilling Co. 80,551

Park-Ohio Holdings Corp. 131,477

Parsons Corp. 403,724

Party City Holdco, Inc. 79,796

Patrick Industries, Inc. 601,082

Pattern Energy Group, Inc., Class A 1,220,961

Patterson Cos., Inc. 945,241

Paysign, Inc. 135,636

PC Connection, Inc. 288,125

PCB Bancorp 95,017

PCSB Financial Corp. 165,382

PDC Energy, Inc. 1,109,359

PDF Solutions, Inc. 228,819

PDL BioPharma, Inc. 190,382

PDL Community Bancorp 60,390

Peabody Energy Corp. 222,343

Peapack Gladstone Financial Corp. 278,036


Penn National Gaming, Inc. 1,683,426

Penn Virginia Corp. 148,778


Penns Woods Bancorp, Inc. 111,151

Pennsylvania Real Estate Investment Trust 140,532

PennyMac Financial Services, Inc. 432,661

PennyMac Mtg. Investment Trust 1,072,104

Peoples Bancorp of North Carolina, Inc. 64,655

Peoples Bancorp, Inc. 300,800

Peoples Financial Services Corp. 164,079

People's Utah Bancorp 210,048

Perdoceo Education Corp. 629,732

Perficient, Inc. 815,627

Performance Food Group Co. 2,738,655

Personalis, Inc. 49,948

Perspecta, Inc. 2,017,363

PetIQ, Inc. 302,201

PetMed Express, Inc. 253,764

Pfenex, Inc. 164,263



Phathom Pharmaceuticals, Inc. 184,436

Phibro Animal Health Corp., Class A 248,491

Photronics, Inc. 428,130

Phreesia, Inc. 157,976

Phunware, Inc. 14,106

Physicians Realty Trust 1,876,466

of 142

PICO Holdings, Inc. 91,848

Piedmont Office Realty Trust, Inc., Class A 1,491,952

Pieris Pharmaceuticals, Inc. 87,956

Ping Identity Holding Corp. 171,593

Pioneer Bancorp, Inc. 83,280

Piper Jaffray Cos. 582,698

Pitney Bowes, Inc. 329,191

PJT Partners, Inc., Class A 534,568

Plantronics, Inc. 498,752

PlayAGS, Inc. 140,486

Plexus Corp. 1,056,061

Plug Power, Inc. 486,190


PolarityTE, Inc. 24,391


Portland General Electric Co. 2,836,934

Portola Pharmaceuticals, Inc. 500,869

Potbelly Corp. 46,018

PotlatchDeltic Corp. 1,461,226

Powell Industries, Inc. 189,058

Power Integrations, Inc. 1,421,001

PQ Group Holdings, Inc. 297,902


Precision BioSciences, Inc. 149,285

Preferred Apartment Communities, Inc., Class A 276,983

Preferred Bank 427,923

Preformed Line Products Co. 86,190

Premier Financial Bancorp, Inc. 113,849


Prevail Therapeutics, Inc. 72,009

PRGX Global, Inc. 41,560

PriceSmart, Inc. 707,063

PrimeEnergy Resources Corp. 38,452

Primo Water Corp. 271,215

Primoris Services Corp. 485,556

Principia Biopharma, Inc. 497,595

Priority Technology Holdings, Inc. 10,067

ProAssurance Corp. 831,531

Progenics Pharmaceuticals, Inc. 199,166

Progress Software Corp. 1,030,905

Progyny, Inc. 165,660

ProPetro Holding Corp. 399,866

PROS Holdings, Inc. 1,014,120

ProSight Global, Inc. 65,940

Protagonist Therapeutics, Inc. 68,380

Protective Insurance Corp., Class B 73,382

Prothena Corp. PLC 251,298

Proto Labs, Inc. 1,433,993

Providence Service Corp. 388,452

Provident Bancorp, Inc. 52,295

Provident Financial Holdings, Inc. 66,228

Provident Financial Services, Inc. 715,253

Prudential Bancorp, Inc. 79,122

PS Business Parks, Inc. 1,723,019

PTC Therapeutics, Inc. 1,597,891

Pulse Biosciences, Inc. 80,864

Puma Biotechnology, Inc. 124,188

Pure Cycle Corp. 114,221

Purple Innovation, Inc. 50,066

Pyxus International, Inc. 29,688

Pzena Investment Management, Inc., Class A 74,291


QAD, Inc., Class A 302,938

QCR Holdings, Inc. 311,497


QTS Realty Trust, Inc., Class A 1,681,600

Quad/Graphics, Inc. 70,189


Qualys, Inc. 1,482,702

Quanex Building Products Corp. 300,336

Quanterix Corp. 185,920

Quidel Corp. 1,396,762

QuinStreet, Inc. 307,901

Quotient Technology, Inc. 388,098

R1 RCM, Inc. 666,438

Ra Pharmaceuticals, Inc. 837,848

Radian Group, Inc. 2,546,397

Radiant Logistics, Inc. 96,972

of 142


RadNet, Inc. 487,151

Rafael Holdings, Inc., Class B 109,579

Ramaco Resources, Inc. 12,900

Rambus, Inc. 900,353

Rapid7, Inc. 1,503,383

RAPT Therapeutics, Inc. 35,388

Raven Industries, Inc. 577,871

Rayonier Advanced Materials, Inc. 77,209

RBB Bancorp 164,092

RBC Bearings, Inc. 1,937,655

RCI Hospitality Holdings, Inc. 82,356

RE/MAX Holdings, Inc., Class A 351,372

Reading International, Inc., Class A 85,262

Ready Capital Corp. 265,608

Realogy Holdings Corp. 619,038

RealReal, Inc. 129,897

Reata Pharmaceuticals, Inc., Class A 2,513,460

Recro Pharma, Inc. 166,252

Red Lion Hotels Corp. 34,169

Red River Bancshares, Inc. 133,593

Red Robin Gourmet Burgers, Inc. 219,046

Red Rock Resorts, Inc., Class A 879,051

Redfin Corp. 1,118,791

Redwood Trust, Inc. 1,012,985


Regional Management Corp. 121,192

Regis Corp. 186,038

Reliant Bancorp, Inc. 111,487

Renasant Corp. 913,006

Renewable Energy Group, Inc. 496,850

Rent-A-Center, Inc. 738,242

Repligen Corp. 2,695,472

Replimune Group, Inc. 105,958

Republic Bancorp, Inc., Class A 208,578

Republic First Bancorp, Inc. 71,564

Resources Connection, Inc. 239,154

resTORbio, Inc. 10,891

Retail Opportunity Investments Corp. 972,775

Retail Value, Inc. 261,842

Retrophin, Inc. 328,819

REV Group, Inc. 139,510

Revance Therapeutics, Inc. 518,626

Revlon, Inc., Class A 75,778

REX American Resources Corp. 217,008

Rexford Industrial Realty, Inc. 2,741,577

Rexnord Corp. 1,784,845

RGC Resources, Inc. 97,811

RH 1,774,166

Rhythm Pharmaceuticals, Inc. 264,047

Ribbon Communications, Inc. 86,441

Richmond Mutual Bancorp., Inc. 102,668

Rigel Pharmaceuticals, Inc. 195,271

RigNet, Inc. 31,038

Rimini Street, Inc. 52,190

Ring Energy, Inc. 66,815

Rite Aid Corp. 338,639

Riverview Bancorp, Inc. 80,393

RLI Corp. 1,908,658


RMR Group, Inc., Class A 358,747

Roadrunner Transportation Systems, Inc. 18,275

Rocket Pharmaceuticals, Inc. 312,812

Rockwell Medical, Inc. 82,917

Rocky Brands, Inc. 96,646

Rogers Corp. 1,119,332

Rosehill Resources, Inc. 5,746

Rosetta Stone, Inc. 182,836

RPC, Inc. 135,148

RPT Realty 559,716

RR Donnelley & Sons Co. 87,062

RTI Surgical Holdings, Inc. 121,376

RTW RetailWinds, Inc. 6,147

Rubicon Project, Inc. 235,816

Rubius Therapeutics, Inc. 139,994

Rush Enterprises, Inc., Class A 600,925

Rush Enterprises, Inc., Class B 103,802

Ruth's Hospitality Group, Inc. 290,813

of 142

Ryerson Holding Corp. 85,198

Ryman Hospitality Properties, Inc. 2,004,837

S&T Bancorp, Inc. 733,794

Sabra Health Care REIT, Inc. 2,133,080

Safe Bulkers, Inc. 33,983

Safeguard Scientifics, Inc. 106,528

Safehold, Inc. 248,584

Safety Insurance Group, Inc. 698,519

Saga Communications, Inc., Class A 59,154

Saia, Inc. 1,160,433

SailPoint Technologies Holding, Inc. 1,105,139

Sally Beauty Holdings, Inc. 951,669


SandRidge Energy, Inc. 40,372

Sandy Spring Bancorp, Inc. 628,627

Sangamo Therapeutics, Inc. 432,499

Sanmina Corp. 1,122,774

Satsuma Pharmaceuticals, Inc. 56,164

Saul Centers, Inc. 305,415

Savara, Inc. 46,688

SB One Bancorp 100,500

ScanSource, Inc. 454,582

Schnitzer Steel Industries, Inc., Class A 212,208


Scholastic Corp. 499,555

Schweitzer-Mauduit International, Inc. 555,751

Science Applications International Corp. 2,610,368

Scientific Games Corp. 711,765

Scorpio Bulkers, Inc. 102,815

Scorpio Tankers, Inc. 528,721

Sculptor Capital Management, Inc. 198,500

Seacoast Banking Corp. of Florida 704,108

SEACOR Holdings, Inc. 335,904

SEACOR Marine Holdings, Inc. 105,621

Seadrill, Ltd. 41,253

SeaSpine Holdings Corp. 120,250

SeaWorld Entertainment, Inc. 834,897

SecureWorks Corp., Class A 65,924

Select Bancorp, Inc. 93,566

Select Energy Services, Inc., Class A 211,848

Select Interior Concepts, Inc., Class A 88,019

Select Medical Holdings Corp. 1,290,757

Selective Insurance Group, Inc. 1,992,071

Semtech Corp. 1,631,472

Seneca Foods Corp., Class A 134,510

Senseonics Holdings, Inc. 51,446


Seres Therapeutics, Inc. 61,083

Seritage Growth Properties, Class A 636,137

ServisFirst Bancshares, Inc. 898,060

SFL Corp., Ltd. 552,955

Shake Shack, Inc., Class A 1,005,140

SharpSpring, Inc. 64,927


Shockwave Medical, Inc. 568,368

Shoe Carnival, Inc. 173,025

Shore Bancshares, Inc. 105,528

ShotSpotter, Inc. 114,686

Shutterstock, Inc. 424,937

SI-BONE, Inc. 177,493

Siebert Financial Corp. 26,772

Sientra, Inc. 120,000

Sierra Bancorp 194,637

SIGA Technologies, Inc. 145,724

Signet Jewelers, Ltd. 647,327



SilverBow Resources, Inc. 19,338

Silvercrest Asset Management Group, Inc., Class A 52,807

Silvergate Capital Corp., Class A 25,895

Simmons First National Corp., Class A 1,174,421

Simply Good Foods Co. 973,652


Simulations Plus, Inc. 199,911


SJW Group 991,839


SkyWest, Inc. 1,396,298

of 142

Sleep Number Corp. 740,162

SM Energy Co. 528,428

SMART Global Holdings, Inc. 209,914

Smart Sand, Inc. 22,488

SmartFinancial, Inc. 141,330

Solaris Oilfield Infrastructure, Inc., Class A 184,180

Solid Biosciences, Inc. 33,818

Soliton, Inc. 34,170

Sonic Automotive, Inc., Class A 395,723

Sonim Technologies, Inc. 16,400

Sonos, Inc. 497,748

Sorrento Therapeutics, Inc. 246,135

South Jersey Industries, Inc. 1,465,772

South Plains Financial, Inc. 113,035

South State Corp. 1,299,887

Southern First Bancshares, Inc. 142,064

Southern Missouri Bancorp, Inc. 142,124

Southern National Bancorp of Virginia, Inc. 157,241

Southside Bancshares, Inc. 577,803

Southwest Gas Holdings, Inc. 2,106,880

Southwestern Energy Co. 438,444

SP Plus Corp. 489,888

Spark Energy, Inc., Class A 57,690

Spartan Motors, Inc. 294,355

SpartanNash Co. 224,331

Spectrum Pharmaceuticals, Inc. 144,886

Spero Therapeutics, Inc. 52,902

Spire, Inc. 2,153,786

Spirit Airlines, Inc. 1,447,225

Spirit of Texas Bancshares, Inc. 146,474


Sportsman's Warehouse Holdings, Inc. 141,245

SpringWorks Therapeutics, Inc. 168,827

SPS Commerce, Inc. 1,021,235

SPX Corp. 1,101,229

SPX FLOW, Inc. 940,979

St. Joe Co. 360,364

STAAR Surgical Co. 767,900

STAG Industrial, Inc. 2,216,984

Stamps.com, Inc. 631,973

Standard Motor Products, Inc. 525,490


StarTek, Inc. 65,046

State Auto Financial Corp. 266,233

Steelcase, Inc., Class A 831,290

Stemline Therapeutics, Inc. 156,548

Stepan Co. 1,037,305

Sterling Bancorp, Inc. 62,276

Sterling Construction Co., Inc. 176,690


Stewart Information Services Corp. 502,962

Stifel Financial Corp. 2,208,646

Stitch Fix, Inc., Class A 486,350

Stock Yards Bancorp, Inc. 403,283

Stoke Therapeutics, Inc. 131,468

Stoneridge, Inc. 378,645

Stratasys, Ltd. 474,888

Strategic Education, Inc. 1,778,049

Stratus Properties, Inc. 89,696

Strongbridge Biopharma PLC 54,559

Sturm Ruger & Co., Inc. 425,377

Summit Financial Group, Inc. 138,487

Summit Hotel Properties, Inc. 589,811

Summit Materials, Inc., Class A 1,270,020

SunCoke Energy, Inc. 220,365

Sunnova Energy International, Inc. 94,558

SunPower Corp. 275,298

Sunrun, Inc. 988,540

Sunstone Hotel Investors, Inc. 1,462,435

Superior Group of Cos., Inc. 63,069

Supernus Pharmaceuticals, Inc. 579,274

Surgery Partners, Inc. 208,260

Surmodics, Inc. 265,173

Sutro Biopharma, Inc. 57,231

SVMK, Inc. 787,137


Synalloy Corp. 54,797

Synaptics, Inc. 1,152,470

of 142

Synchronoss Technologies, Inc. 109,060

Syndax Pharmaceuticals, Inc. 96,849


Synlogic, Inc. 21,601

Syros Pharmaceuticals, Inc. 125,661

Systemax, Inc. 150,248


Tactile Systems Technology, Inc. 529,759

Tailored Brands, Inc. 102,194

Talos Energy, Inc. 226,860

Tandem Diabetes Care, Inc. 2,189,648

Tanger Factory Outlet Centers, Inc. 677,969

Target Hospitality Corp. 91,294

Taylor Morrison Home Corp., Class A 1,399,202

TCR2 Therapeutics, Inc. 88,330

Team, Inc. 208,080

Tech Data Corp. 2,626,041

TechTarget, Inc. 300,414

Teekay Corp. 125,558

Teekay Tankers, Ltd. 199,210

TEGNA, Inc. 1,887,747

Tejon Ranch Co. 173,639

Teladoc Health, Inc. 3,772,932

Telaria, Inc. 230,040

Telenav, Inc. 77,655

Tellurian, Inc. 340,498

Tenable Holdings, Inc. 527,451

Tenet Healthcare Corp. 1,671,889

Tennant Co. 713,667

Tenneco, Inc., Class A 246,864

Terex Corp. 825,269

TerraForm Power, Inc., Class A 737,330


Territorial Bancorp, Inc. 116,120

TESSCO Technologies, Inc. 20,764

Tetra Tech, Inc. 2,399,967


Texas Roadhouse, Inc. 2,120,500

Textainer Group Holdings, Ltd. 256,088

TG Therapeutics, Inc. 628,977

TherapeuticsMD, Inc. 255,929

Theravance Biopharma, Inc. 640,292

Thermon Group Holdings, Inc. 395,790

Third Point Reinsurance, Ltd. 413,450

Tidewater, Inc. 307,410

Tilly's, Inc., Class A 95,965

Timberland Bancorp, Inc. 107,290

TimkenSteel Corp. 131,887

Tiptree, Inc. 87,509

Titan International, Inc. 73,679

Titan Machinery, Inc. 118,791

Tivity Health, Inc. 527,748

TiVo Corp. 464,981

Tobira Therapeutics, Inc. CVR 0

Tocagen, Inc. 5,444

Tompkins Financial Corp. 635,947

Tootsie Roll Industries, Inc. 285,432

TopBuild Corp. 1,968,656

Towne Bank 909,045

TPG RE Finance Trust, Inc. 521,289

TPI Composites, Inc. 307,826

Transcat, Inc. 108,599

Transcontinental Realty Investors, Inc. 17,576

TransEnterix, Inc. 12,313

Translate Bio, Inc. 127,554

TransMedics Group, Inc. 128,086

Travelzoo 27,415

Trecora Resources 74,220

Tredegar Corp. 272,364

Trex Co., Inc. 2,965,767

TRI Pointe Group, Inc. 1,156,021

Tribune Publishing Co. 112,990

Tricida, Inc. 395,370

TriCo Bancshares 500,391

TriMas Corp. 661,652

TriNet Group, Inc. 1,309,926

Trinseo SA 579,512

Triple-S Management Corp., Class B 207,229

of 142

TriState Capital Holdings, Inc. 288,456

Triton International, Ltd. 1,043,477

Triumph Bancorp, Inc. 468,150

Triumph Group, Inc. 520,536

Tronox Holdings PLC, Class A 396,689

TrueBlue, Inc. 435,264

TrueCar, Inc. 199,282

Trupanion, Inc. 472,352

TrustCo Bank Corp. 387,381

Trustmark Corp. 1,056,907

TTEC Holdings, Inc. 292,220

TTM Technologies, Inc. 732,192

Tucows, Inc., Class A 292,152

Tupperware Brands Corp. 156,913

Turning Point Brands, Inc. 97,093

Turning Point Therapeutics, Inc. 832,163

Tutor Perini Corp. 230,717

Twin Disc, Inc. 51,675

Twin River Worldwide Holdings, Inc. 238,811

Twist Bioscience Corp. 280,667

Tyme Technologies, Inc. 42,445


UFP Technologies, Inc. 161,853

Ultra Clean Holdings, Inc. 467,149

Ultragenyx Pharmaceutical, Inc. 1,475,026


UMH Properties, Inc. 293,959

Unifi, Inc. 159,399

UniFirst Corp. 1,585,964

Union Bankshares, Inc. 67,206

Unisys Corp. 254,072

Unit Corp. 10,909

United Bankshares, Inc. 1,719,699

United Community Banks, Inc. 1,129,950

United Community Financial Corp. 264,320

United Fire Group, Inc. 481,549

United Insurance Holdings Corp. 107,393

United Natural Foods, Inc. 197,194

United Security Bancshares 67,372

United States Lime & Minerals, Inc. 92,532


Uniti Group, Inc. 601,806

Unitil Corp. 462,613

Unity Bancorp, Inc. 88,798

UNITY Biotechnology, Inc. 86,600

Universal Corp. 670,168

Universal Electronics, Inc. 341,955

Universal Forest Products, Inc. 1,465,261

Universal Health Realty Income Trust 812,506

Universal Insurance Holdings, Inc. 371,672

Universal Logistics Holdings, Inc. 69,189

Univest Financial Corp. 367,036

Upland Software, Inc. 459,110

Upwork, Inc. 270,709

Uranium Energy Corp. 75,981

Urban Edge Properties 1,087,566

UroGen Pharma, Ltd. 283,042

Urstadt Biddle Properties, Inc., Class A 344,425

US Concrete, Inc. 292,087

US Ecology, Inc. 668,968

US Silica Holdings, Inc. 193,547

US Well Services, Inc. 13,814

US Xpress Enterprises, Inc. Class A 61,239

USANA Health Sciences, Inc. 397,410

Utah Medical Products, Inc. 164,621

Valhi, Inc. 24,693

Valley National Bancorp 2,097,218

Value Line, Inc. 17,925

Vanda Pharmaceuticals, Inc. 341,024

Vapotherm, Inc. 80,622

Varex Imaging Corp. 534,779

Varonis Systems, Inc. 1,274,309

VBI Vaccines, Inc. 107,772

Vector Group, Ltd. 749,019

Vectrus, Inc. 323,350

Veeco Instruments, Inc. 315,308

Vera Bradley, Inc. 100,715

Veracyte, Inc. 636,143

of 142

Vericel Corp. 377,003

Verint Systems, Inc. 1,979,134

Veritex Holdings, Inc. 731,817

Veritiv Corp. 93,731

Verra Mobility Corp. 1,044,052

Verrica Pharmaceuticals, Inc. 96,085

Verso Corp., Class A 301,767

Viad Corp. 670,020

Viavi Solutions, Inc. 1,665,210

Vicor Corp. 457,657

Viela Bio, Inc. 110,377

ViewRay, Inc. 113,019

Viking Therapeutics, Inc. 209,319

Village Super Market, Inc., Class A 94,360

Vince Holding Corp. 23,396

Vir Biotechnology, Inc. 98,558

VirnetX Holding Corp. 119,753

Virtus Investment Partners, Inc. 413,996

Virtusa Corp. 613,690

Vishay Intertechnology, Inc. 1,382,946

Vishay Precision Group, Inc. 185,031

Vista Outdoor, Inc. 220,671

Visteon Corp. 1,145,034

Vivint Solar, Inc. 185,012

Vocera Communications, Inc. 352,392

Vonage Holdings Corp. 1,031,794

Voyager Therapeutics, Inc. 136,772

VSE Corp. 139,342

W&T Offshore, Inc. 200,219

Wabash National Corp. 319,824

Waddell & Reed Financial, Inc., Class A 569,927

Waitr Holdings, Inc. 10,191


Warrior Met Coal, Inc. 500,827

Washington Federal, Inc. 1,381,624

Washington Prime Group, Inc. 288,915

Washington Real Estate Investment Trust 1,254,463

Washington Trust Bancorp, Inc. 367,612

Waterstone Financial, Inc. 212,031

Watford Holdings, Ltd. 214,545

Watts Water Technologies, Inc., Class A 1,413,888

WaVe Life Sciences, Ltd. 82,119

WD-40 Co. 1,318,762

Weis Markets, Inc. 179,818

Welbilt, Inc. 1,006,684

Werner Enterprises, Inc. 856,921

WesBanco, Inc. 1,102,399

West Bancorporation, Inc. 188,041

Westamerica Bancorporation 848,517

Western Asset Mtg. Capital Corp. 283,298

Western New England Bancorp, Inc. 109,933

Westwood Holdings Group, Inc. 116,392

Weyco Group, Inc. 70,645

Whitestone REIT 257,860

Whiting Petroleum Corp. 212,191

WideOpenWest, Inc. 85,428

Willdan Group, Inc. 170,984

William Lyon Homes, Class A 378,530

Willis Lease Finance Corp. 88,891

WillScot Corp. 500,109

Wingstop, Inc. 1,398,508

Winmark Corp. 254,483

Winnebago Industries, Inc. 875,065

WisdomTree Investments, Inc. 288,250

Wolverine World Wide, Inc. 1,291,245

Workiva, Inc. 858,624

World Acceptance Corp. 243,240

World Fuel Services Corp. 1,296,476

Worthington Industries, Inc. 730,671

Wrap Technologies, Inc. 28,041

Wright Medical Group NV 1,953,615

WSFS Financial Corp. 1,051,859

WW International, Inc. 791,718

X4 Pharmaceuticals, Inc. 50,597

XBiotech, Inc. 218,385

Xencor, Inc. 824,776

Xenia Hotels & Resorts, Inc. 1,088,450

Xeris Pharmaceuticals, Inc. 87,237

of 142

Xperi Corp. 407,077

Yelp, Inc. 1,148,042

YETI Holdings, Inc. 770,105

Yext, Inc. 725,337

Y-mAbs Therapeutics, Inc. 400,631

York Water Co. 314,139

Youngevity International, Inc. 6,905

YRC Worldwide, Inc. 38,714

ZAGG, Inc. 108,924

Zeneca, Inc. CVR 2,429

ZIOPHARM Oncology, Inc. 324,845

Zix Corp. 185,328

Zogenix, Inc. 1,103,607

Zumiez, Inc. 319,524

Zuora, Inc., Class A 670,048

Zynerba Pharmaceuticals, Inc. 59,245

Zynex, Inc. 78,052

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

Russell 2000 E-Mini Index Long March 2020 (876,722)

VALIC Company I - Small Cap Special Values Fund - (unaudited)

January 31, 2020


A. Schulman, Inc. CVR 13,570

A.H. Belo Corp., Class A 374,578

Acadia Realty Trust 1,843,555

ACCO Brands Corp. 908,496


Alamo Group, Inc. 1,789,803

Alcoa Corp. 637,515

American Eagle Outfitters, Inc. 527,026

API Group Corp. 1,584,652

Apollo Commercial Real Estate Finance, Inc. 1,882,218

Apollo Investment Corp. 1,679,283

Artisan Partners Asset Management, Inc., Class A 1,706,740

Associated Banc-Corp. 2,626,435

Atkore International Group, Inc. 2,543,897


AVX Corp. 1,860,482

Badger Meter, Inc. 1,104,776


Berry Petroleum Corp. 665,841


BlackBerry, Ltd. 594,951

Brooks Automation, Inc. 1,594,410



Central Garden & Pet Co. 1,731,352

Central Garden & Pet Co., Class A 1,831,545

CNO Financial Group, Inc. 938,638


Cott Corp. 2,315,349

CSW Industrials, Inc. 3,982,334

CVB Financial Corp. 1,627,080



Denny's Corp. 4,801,177

Dine Brands Global, Inc. 5,470,493

Douglas Dynamics, Inc. 2,460,802

DSP Group, Inc. 655,645

Eagle Materials, Inc. 6,534,245

Element Solutions, Inc. 938,527

EnerSys 584,315

Ennis, Inc. 1,665,483

Enstar Group, Ltd. 2,288,408

Ferro Corp. 365,803

First Citizens BancShares, Inc., Class A 4,271,457

First Hawaiian, Inc. 3,122,119

Forum Energy Technologies, Inc. 237,081

Franchise Group, Inc. 493,427

Franklin Electric Co., Inc. 4,886,747

of 142

Gannett Co, Inc. 581,910

GlassBridge Enterprises, Inc. 30,660

Griffon Corp. 1,000,082



Hanover Insurance Group, Inc. 2,693,302

Harsco Corp. 178,279

Hawaiian Electric Industries, Inc. 4,186,011

Healthcare Services Group, Inc. 1,123,251


Hillenbrand, Inc. 1,841,286

Hostess Brands, Inc. 1,988,549


ICU Medical, Inc. 540,841

IDACORP, Inc. 3,678,486

Innospec, Inc. 5,775,657

Invesco Mtg. Capital, Inc. 1,027,817

J&J Snack Foods Corp. 3,047,310


Jefferies Financial Group, Inc. 1,148,478

Kadant, Inc. 2,076,461

Korn Ferry 2,653,291

Lancaster Colony Corp. 426,061

Littelfuse, Inc. 491,279



Mayville Engineering Co., Inc. 279,881

Mueller Industries, Inc. 4,829,473

Myers Industries, Inc. 237,280

NCR Corp. 1,030,787

Neenah, Inc. 4,810,475

NETGEAR, Inc. 1,089,319

New Mountain Finance Corp. 1,911,264



NN, Inc. 472,820

Nomad Foods, Ltd. 4,267,021



Parsons Corp. 1,908,394




PQ Group Holdings, Inc. 1,046,760

Premier, Inc., Class A 783,751


ProAssurance Corp. 2,158,639



Quanex Building Products Corp. 1,623,453

Renasant Corp. 2,609,064

Rogers Corp. 298,025

Schweitzer-Mauduit International, Inc. 2,305,675


ServiceMaster Global Holdings, Inc. 694,215

Silgan Holdings, Inc. 3,811,519


Six Flags Entertainment Corp. 777,433

South State Corp. 2,138,024

Spectrum Brands Holdings, Inc. 2,241,588


Stewart Information Services Corp. 2,375,032



Tootsie Roll Industries, Inc. 312,993

TreeHouse Foods, Inc. 1,760,585

TriMas Corp. 1,303,078

Two Harbors Investment Corp. 2,120,926


Urban Outfitters, Inc. 467,507

Verint Systems, Inc. 1,288,412

Viad Corp. 2,466,815

Washington Real Estate Investment Trust 2,348,446

Wendy's Co. 1,626,659

Westwood Holdings Group, Inc. 1,225,130

White Mountains Insurance Group, Ltd. 2,350,631

WPX Energy, Inc. 1,353,648

of 142

VALIC Company I - Small-Mid Growth Fund - (unaudited)

January 31, 2020


10X Genomics, Inc., Class A 534,540

ACADIA Pharmaceuticals, Inc. 253,739

Aerojet Rocketdyne Holdings, Inc. 1,706,438

Agios Pharmaceuticals, Inc. 1,450,887


Allegion PLC 2,100,415

Alteryx, Inc., Class A 1,054,254

Amarin Corp. PLC ADR 761,626

Anaplan, Inc. 1,296,121

Ashland Global Holdings, Inc. 1,609,361

Atreca, Inc., Class A 396,254

Avalara, Inc. 1,002,183

Avery Dennison Corp. 1,465,295

Badger Meter, Inc. 1,414,428


Beyond Meat, Inc. 252,089

Bill.com Holdings, Inc. 579,334

BioSpecifics Technologies Corp. 327,480

Bio-Techne Corp. 1,331,630

Black Knight, Inc. 1,477,393

Bluebird Bio, Inc. 686,051

Booz Allen Hamilton Holding Corp. 2,406,519

Bright Horizons Family Solutions, Inc. 2,529,137

Burlington Stores, Inc. 2,553,968

Castle Biosciences, Inc. 524,866


Centogene NV 351,731

Choice Hotels International, Inc. 1,709,212

Cloudflare, Inc., Class A 514,707

Colfax Corp. 1,981,969

Columbia Sportswear Co. 687,213


Coupa Software, Inc. 1,458,085


DocuSign, Inc. 1,672,184

Domino's Pizza, Inc. 1,878,991


Dynatrace, Inc. 753,006


Elastic NV 571,593


Equity LifeStyle Properties, Inc. 1,697,403

Euronet Worldwide, Inc. 989,664



Five Below, Inc. 1,168,317

Floor & Decor Holdings, Inc., Class A 1,025,007

Fortune Brands Home & Security, Inc. 860,180

Glacier Bancorp, Inc. 700,037

Glaukos Corp. 610,481

Guardant Health, Inc. 1,123,111

GW Pharmaceuticals PLC ADR 479,218

HEICO Corp., Class A 744,874

Hexcel Corp. 973,321

Hillenbrand, Inc. 692,133

HubSpot, Inc. 1,388,172

Huntington Ingalls Industries, Inc. 1,368,162

IDEX Corp. 1,282,618

Incyte Corp. 763,070

Ingevity Corp. 643,069







MKS Instruments, Inc. 1,212,138

Moderna, Inc. 659,171



MSCI, Inc. 917,990

Neogen Corp. 873,030


of 142

Nevro Corp. 958,547



Okta, Inc. 1,543,643




Planet Fitness, Inc., Class A 1,162,487

RBC Bearings, Inc. 974,115

Rigel Pharmaceuticals, Inc. 252,602

RingCentral, Inc., Class A 1,400,411


RPM International, Inc. 1,786,891

Ryman Hospitality Properties, Inc. 982,267

Sarepta Therapeutics, Inc. 1,256,079

SBA Communications Corp. 931,857



SiteOne Landscape Supply, Inc. 936,342


State Street Institutional U.S. Government Money Market Fund, Administration Class 2,119,770

Stemline Therapeutics, Inc. 500,545


Tandem Diabetes Care, Inc. 1,060,758

Teladoc Health, Inc. 829,140




Terreno Realty Corp. 814,867

Trade Desk, Inc., Class A 860,838


Vail Resorts, Inc. 1,275,500

Welbilt, Inc. 898,806


Wingstop, Inc. 1,411,310

Xylem, Inc. 1,048,841

Y-mAbs Therapeutics, Inc. 781,731

Zebra Technologies Corp., Class A 1,485,031

Zendesk, Inc. 1,796,342

VALIC Company I - Stock Index Fund - (unaudited)

January 31, 2020


3M Co. 17,513,843

A.O. Smith Corp. 1,123,174


AbbVie, Inc. 22,999,228

ABIOMED, Inc. 1,614,762



Adobe, Inc. 32,628,982

Advance Auto Parts, Inc. 1,751,616


AES Corp. 2,530,939

Aflac, Inc. 7,266,213



Akamai Technologies, Inc. 2,895,810

Alaska Air Group, Inc. 1,527,166

Albemarle Corp. 1,634,019

Alexandria Real Estate Equities, Inc. 3,840,749



Allegion PLC 2,306,552

Allergan PLC 11,761,120

Alliance Data Systems Corp. 808,752

Alliant Energy Corp. 2,738,692

Allstate Corp. 7,371,528





Amcor PLC 3,293,479

Ameren Corp. 3,874,975

American Airlines Group, Inc. 2,008,679

American Electric Power Co., Inc. 9,881,932

of 142


American International Group, Inc. 8,393,118


American Water Works Co., Inc. 4,726,276

Ameriprise Financial, Inc. 4,022,771

AmerisourceBergen Corp. 2,468,919

AMETEK, Inc. 4,262,942

Amgen, Inc. 24,642,231

Amphenol Corp., Class A 5,661,236


ANSYS, Inc. 4,506,693

Anthem, Inc. 12,912,239

Aon PLC 9,898,916

Apache Corp. 1,980,702

Apartment Investment & Management Co., Class A 1,506,452

Apple, Inc. 248,147,785


Aptiv PLC 4,155,134

Archer-Daniels-Midland Co. 4,783,054

Arconic, Inc. 2,227,022

Arista Networks, Inc. 2,325,416


Assurant, Inc. 1,519,718

AT&T, Inc. 52,752,720

Atmos Energy Corp. 2,681,040



AutoZone, Inc. 4,839,109

AvalonBay Communities, Inc. 5,809,242

Avery Dennison Corp. 2,103,646

Baker Hughes a GE Co., LLC 2,702,020

Ball Corp. 4,532,543


Bank of New York Mellon Corp. 7,213,655

Baxter International, Inc. 8,744,006



Best Buy Co., Inc. 3,702,054



Boeing Co. 32,664,368


BorgWarner, Inc. 1,359,187

Boston Properties, Inc. 3,956,890




Broadridge Financial Solutions, Inc. 2,622,134

Brown-Forman Corp., Class B 2,365,641

C.H. Robinson Worldwide, Inc. 1,874,976

Cabot Oil & Gas Corp. 1,103,303

Cadence Design Systems, Inc. 3,883,989

Campbell Soup Co. 1,569,143

Capital One Financial Corp. 8,922,020


Cardinal Health, Inc. 2,875,185

CarMax, Inc. 3,062,971

Carnival Corp. 3,347,065

Cars.com, Inc. 12

Caterpillar, Inc. 13,934,527


CBRE Group, Inc., Class A 3,922,951

CDW Corp. 3,597,941

Celanese Corp. 2,401,511


CenterPoint Energy, Inc. 2,552,910

CenturyLink, Inc. 2,572,861

Cerner Corp. 4,330,846

CF Industries Holdings, Inc. 1,681,207




Chipotle Mexican Grill, Inc. 4,254,925

Chubb, Ltd. 13,222,522

Church & Dwight Co., Inc. 3,496,282



Cincinnati Financial Corp. 3,060,972

of 142

Cintas Corp. 4,489,464



Citizens Financial Group, Inc. 3,110,941

Citrix Systems, Inc. 2,848,306

Clorox Co. 3,789,755


CMS Energy Corp. 3,732,836



Colgate-Palmolive Co. 12,137,990


Comerica, Inc. 1,692,358


Concho Resources, Inc. 2,924,274


Consolidated Edison, Inc. 5,998,422



Copart, Inc. 3,984,030




Coty, Inc., Class A 582,132


CSX Corp. 11,395,501

Cummins, Inc. 4,704,558

CVS Health Corp. 16,936,689

D.R. Horton, Inc. 3,810,645


Darden Restaurants, Inc. 2,740,064

DaVita, Inc. 1,374,882

Deere & Co. 9,584,892

Delta Air Lines, Inc. 6,158,768


Devon Energy Corp. 1,613,535

Diamondback Energy, Inc. 2,301,341

Digital Realty Trust, Inc. 4,927,594

Discover Financial Services 4,520,797


Discovery, Inc., Class C 1,787,999

DISH Network Corp., Class A 1,799,292



Dominion Energy, Inc. 13,548,414

Dover Corp. 3,174,707

Dow, Inc. 6,557,420

DTE Energy Co. 4,890,126

Duke Energy Corp. 13,662,733

Duke Realty Corp. 2,561,961

DuPont de Nemours, Inc. 7,278,001

DXC Technology Co. 1,566,615


Eastman Chemical Co. 1,860,290

Eaton Corp. PLC 7,496,667

eBay, Inc. 4,926,373

Ecolab, Inc. 9,440,343

Edison International 5,269,396



Eli Lilly & Co. 22,647,932

Emerson Electric Co. 8,375,839

Entergy Corp. 5,026,563

EOG Resources, Inc. 8,142,151



Equity Residential 5,566,942

Essex Property Trust, Inc. 3,929,306

Estee Lauder Cos., Inc., Class A 8,337,235

Everest Re Group, Ltd. 2,164,990

Evergy, Inc. 3,156,856

Eversource Energy 5,744,961


Expedia Group, Inc. 2,909,171

Expeditors International of Washington, Inc. 2,387,751

Extra Space Storage, Inc. 2,751,615


F5 Networks, Inc. 1,425,140

of 142


Fastenal Co. 3,840,044

Federal Realty Investment Trust 1,685,520

FedEx Corp. 6,664,577


Fifth Third Bancorp 3,875,630

First Republic Bank 3,586,857

FirstEnergy Corp. 5,267,786

Fiserv, Inc. 13,003,096



FLIR Systems, Inc. 1,327,258

Flowserve Corp. 1,172,602

FMC Corp. 2,378,375

Ford Motor Co. 6,592,879

Fortinet, Inc. 3,143,560




Fox Corp., Class B 1,132,297

Franklin Resources, Inc. 1,354,587

Freeport-McMoRan, Inc. 3,091,505

Gap, Inc. 711,111

Garmin, Ltd. 2,688,811

Gartner, Inc. 2,760,753

General Dynamics Corp. 7,891,818


General Mills, Inc. 6,058,460


Genuine Parts Co. 2,609,667



Globe Life, Inc. 1,993,868

Goldman Sachs Group, Inc. 14,543,881

H&R Block, Inc. 869,513

Halliburton Co. 3,675,007


Harley-Davidson, Inc. 989,241

Hartford Financial Services Group, Inc. 4,101,346

Hasbro, Inc. 2,488,480


Healthpeak Properties, Inc. REIT 3,419,410

Helmerich & Payne, Inc. 844,129

Henry Schein, Inc. 1,941,902

Hershey Co. 4,417,535

Hess Corp. 2,812,491

Hewlett Packard Enterprise Co. 3,460,114


HollyFrontier Corp. 1,280,310

Hologic, Inc. 2,754,835



Hormel Foods Corp. 2,522,550

Host Hotels & Resorts, Inc. 2,249,495

HP, Inc. 6,064,794


Huntington Bancshares, Inc. 2,690,185

Huntington Ingalls Industries, Inc. 2,049,111

IDEX Corp. 2,392,210



Illinois Tool Works, Inc. 9,824,077





Intercontinental Exchange, Inc. 10,661,408


International Flavors & Fragrances, Inc. 2,687,231

International Paper Co. 3,064,994

Interpublic Group of Cos., Inc. 1,689,516

Intuit, Inc. 14,010,028


Invesco, Ltd. 1,235,999



Iron Mountain, Inc. 1,742,312

J.M. Smucker Co. 2,268,437

of 142

Jack Henry & Associates, Inc. 2,208,556

Jacobs Engineering Group, Inc. 2,406,705

JB Hunt Transport Services, Inc. 1,766,490


Johnson Controls International PLC 5,841,756


Juniper Networks, Inc. 1,473,895


Kellogg Co. 3,260,233

KeyCorp 3,537,500


Kimberly-Clark Corp. 9,425,765

Kimco Realty Corp. 1,544,022

Kinder Morgan, Inc. 7,803,481

KLA Corp. 5,020,265

Kohl's Corp. 1,284,809


Kroger Co. 4,135,097

L Brands, Inc. 1,032,473


Laboratory Corp. of America Holdings 3,269,281



Las Vegas Sands Corp. 4,236,660

Leggett & Platt, Inc. 1,202,219

Leidos Holdings, Inc. 2,566,406

Lennar Corp., Class A 3,565,191

Lincoln National Corp. 2,074,108

Linde PLC 20,945,750

Live Nation Entertainment, Inc. 1,843,728

LKQ Corp. 1,922,793


Loews Corp. 2,526,298

Lowe's Cos., Inc. 17,102,507

LyondellBasell Industries NV, Class A 3,837,019

M&T Bank Corp. 4,268,780

Macy's, Inc. 946,074


Marathon Petroleum Corp. 6,792,989

MarketAxess Holdings, Inc. 2,578,430



Martin Marietta Materials, Inc. 3,165,072

Masco Corp. 2,591,503



McCormick & Co., Inc. 3,875,136


McKesson Corp. 4,932,595


Merck & Co., Inc. 41,756,322



MGM Resorts International 3,070,436




Mid-America Apartment Communities, Inc. 3,004,350

Mohawk Industries, Inc. 1,502,600

Molson Coors Brewing Co., Class B 2,004,270


Monster Beverage Corp. 4,880,515

Moody's Corp. 8,003,631


Mosaic Co. 1,331,601

Motorola Solutions, Inc. 5,821,353

MSCI, Inc. 4,647,108

Mylan NV 2,122,208

Nasdaq, Inc. 2,565,032

National Oilwell Varco, Inc. 1,526,438



Newell Brands, Inc. 1,428,561

Newmont Goldcorp Corp. 7,091,272

News Corp., Class A 1,015,875

News Corp., Class B 326,563


Nielsen Holdings PLC 1,393,340

of 142


NiSource, Inc. 2,101,674

Noble Energy, Inc. 1,815,143

Nordstrom, Inc. 757,952


Northern Trust Corp. 3,978,128


NortonLifeLock, Inc. 3,128,076

Norwegian Cruise Line Holdings, Ltd. 2,199,288

NRG Energy, Inc. 1,781,603

Nucor Corp. 2,764,108


NVR, Inc. 2,545,919

Occidental Petroleum Corp. 6,811,146

Old Dominion Freight Line, Inc. 2,405,387

Omnicom Group, Inc. 3,147,581

ONEOK, Inc. 5,936,817



PACCAR, Inc. 4,927,025

Packaging Corp. of America 1,739,778

Parker-Hannifin Corp. 4,825,715

Paychex, Inc. 5,245,007



Pentair PLC 1,385,222

People's United Financial, Inc. 1,314,601



Perrigo Co. PLC 1,490,284

Pfizer, Inc. 39,560,722


Phillips 66 7,793,678

Pinnacle West Capital Corp. 2,107,955

Pioneer Natural Resources Co. 4,292,595

PNC Financial Services Group, Inc. 12,494,541

PPG Industries, Inc. 5,439,657

PPL Corp. 5,022,882

Principal Financial Group, Inc. 2,624,732



Prologis, Inc. 11,263,465

Prudential Financial, Inc. 7,026,827

Public Service Enterprise Group, Inc. 5,747,018

Public Storage 6,452,567

PulteGroup, Inc. 2,183,340

PVH Corp. 1,240,691

Qorvo, Inc. 2,360,784


Quanta Services, Inc. 1,069,343

Quest Diagnostics, Inc. 2,861,484

Ralph Lauren Corp. 1,083,585


Raytheon Co. 11,810,569

Realty Income Corp. 4,905,565

Regency Centers Corp. 1,995,517


Regions Financial Corp. 2,883,097

Republic Services, Inc. 3,843,157

ResMed, Inc. 4,387,731

Robert Half International, Inc. 1,312,722

Rockwell Automation, Inc. 4,251,019

Rollins, Inc. 1,025,713

Roper Technologies, Inc. 7,623,659






Schlumberger, Ltd. 8,905,081

Seagate Technology PLC 2,529,102





Simon Property Group, Inc. 7,843,068

Skyworks Solutions, Inc. 3,700,571

SL Green Realty Corp. 1,440,150

of 142

Snap-on, Inc. 1,680,585

Southern Co. 14,172,435

Southwest Airlines Co. 4,998,837

Stanley Black & Decker, Inc. 4,649,249



STERIS PLC 2,452,480


SVB Financial Group 2,379,027

Synchrony Financial 3,698,564


Sysco Corp. 8,044,956

T. Rowe Price Group, Inc. 5,989,622


Tapestry, Inc. 1,364,985

Target Corp. 10,771,901


TechnipFMC PLC 1,331,845



Textron, Inc. 2,012,515


Tiffany & Co. 2,777,162

TJX Cos., Inc. 13,743,390

T-Mobile US, Inc. 4,812,139

Tractor Supply Co. 2,112,289

TransDigm Group, Inc. 6,149,114

Travelers Cos., Inc. 6,521,376


Twitter, Inc. 4,840,429

Tyson Foods, Inc., Class A 4,682,064

UDR, Inc. 2,695,129

Ulta Beauty, Inc. 2,939,509

Under Armour, Inc., Class A 729,043

Under Armour, Inc., Class C 670,824



United Parcel Service, Inc., Class B 13,924,993

United Rentals, Inc. 1,957,600




Universal Health Services, Inc., Class B 2,114,099

Unum Group 1,056,791

US Bancorp 14,519,906

Valero Energy Corp. 6,645,989

Varian Medical Systems, Inc. 2,452,806

Ventas, Inc. 4,139,883





VF Corp. 5,215,826

ViacomCBS, Inc., Class B 3,540,441


Vornado Realty Trust 1,999,868

Vulcan Materials Co. 3,598,393

Wabtec Corp. 2,581,776

Walgreens Boots Alliance, Inc. 7,318,179

Walmart, Inc. 31,176,657


Waste Management, Inc. 9,117,886


WEC Energy Group, Inc. 6,048,340

Wells Fargo & Co. 34,678,850

Welltower, Inc. 6,613,470


Western Union Co. 2,164,885

WestRock Co. 1,930,695

Weyerhaeuser Co. 4,140,892

Whirlpool Corp. 1,773,334

Williams Cos., Inc. 4,813,777


WR Berkley Corp. 2,048,105

WW Grainger, Inc. 2,534,861

Wynn Resorts, Ltd. 2,339,890

Xcel Energy, Inc. 6,964,665

Xerox Holdings Corp. 1,269,458

of 142

Xilinx, Inc. 4,077,934

Xylem, Inc. 2,822,823

Yum! Brands, Inc. 6,141,006

Zebra Technologies Corp., Class A 2,474,096


Zions Bancorp NA 1,488,524

Zoetis, Inc. 12,270,686

Futures Contracts


Unrealized

Appreciation

(Depreciation) ($)

S&P 500 E-Mini Index Long March 2020 (712,239)

VALIC Company I - Systematic Value Fund - (unaudited)

January 31, 2020




Aflac, Inc. 490,328


AGNC Investment Corp. 260,111

Alexandria Real Estate Equities, Inc. 267,158


Alliance Data Systems Corp. 305,595

Ally Financial, Inc. 291,441

AmerisourceBergen Corp. 834,381


Apache Corp. 235,957

Arrow Electronics, Inc. 190,458


Athene Holding, Ltd., Class A 159,038


Becton Dickinson and Co. 390,480




Brown & Brown, Inc. 416,941

Brown-Forman Corp., Class B 405,028


Camden Property Trust 201,025

Capital One Financial Corp. 541,315

Cboe Global Markets, Inc. 571,987

Centene Corp. 446,265

CenturyLink, Inc. 299,168




CMS Energy Corp. 284,522

Conagra Brands, Inc. 605,300

Devon Energy Corp. 217,461




Eaton Vance Corp. 334,204

Equifax, Inc. 788,474

Equitable Holdings, Inc. 245,508

Equity LifeStyle Properties, Inc. 130,877






Ford Motor Co. 459,416



Globe Life, Inc. 204,454

Henry Schein, Inc. 393,510


Hologic, Inc. 145,681

Honeywell International, Inc. 665,858

International Business Machines Corp. 696,947

International Flavors & Fragrances, Inc. 561,806

Invesco, Ltd. 206,251


of 142


Kimco Realty Corp. 225,381

Knight-Swift Transportation Holdings, Inc. 326,007


Laboratory Corp. of America Holdings 182,591

Lear Corp. 201,769


Lincoln National Corp. 252,896

Marathon Oil Corp. 222,590


Marsh & McLennan Cos., Inc. 795,436

McCormick & Co., Inc. 161,410

Medtronic PLC 781,413



National Retail Properties, Inc. 182,056





Principal Financial Group, Inc. 298,691




Regency Centers Corp. 448,425


Sabre Corp. 353,493


SL Green Realty Corp. 175,244


Sun Communities, Inc. 191,361



TD Ameritrade Holding Corp. 524,369


UDR, Inc. 222,973

Unum Group 181,652

VEREIT, Inc. 264,681


VICI Properties, Inc. 289,386

WEC Energy Group, Inc. 359,404


Willis Towers Watson PLC 792,971

WP Carey, Inc. 309,562

Zimmer Biomet Holdings, Inc. 339,726

VALIC Company I - Value Fund - (unaudited)

January 31, 2020


Amdocs, Ltd. 1,717,447



Assurant, Inc. 1,514,496

AstraZeneca PLC ADR 1,860,778




Blackstone Group, Inc., Class A 724,290

Celanese Corp. 1,647,720

Chubb, Ltd. 1,964,167




Concho Resources, Inc. 1,036,292



Deere & Co. 1,600,072

Dominion Energy, Inc. 2,000,548

Dow, Inc. 1,440,977


Entergy Corp. 1,528,262




FMC Corp. 1,552,573


of 142

Gaming and Leisure Properties, Inc. 1,914,773


Highwoods Properties, Inc. 1,464,214




Intact Financial Corp. 1,463,817



KLA Corp. 1,258,795



Lennar Corp., Class A 2,009,381


M&T Bank Corp. 1,622,848


Merck & Co., Inc. 1,508,101





Noble Energy, Inc. 1,429,173

nVent Electric PLC 1,543,676


Pioneer Natural Resources Co. 1,453,140

PNC Financial Services Group, Inc. 2,119,957





Tapestry, Inc. 911,176

TJX Cos., Inc. 1,256,135






US Foods Holding Corp. 1,260,856



-------------------------------------------------

ULC --- Unlimited Liability Company

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

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

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

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.

TIPS — Treasury Inflation Protected Security

VRDN — Variable Rate Demand Note

VVPR — Reduced tax rate shares

of 142

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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