American Century Investments®
Quarterly Portfolio Holdings
NT Equity Growth Fund
March 31, 2021
NT Equity Growth - Schedule of Investments | ||
MARCH 31, 2021 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 98.7% | ||||||||
Aerospace and Defense — 0.8% | ||||||||
Boeing Co. (The)(1) | 15,431 | 3,930,584 | ||||||
Raytheon Technologies Corp. | 13,862 | 1,071,117 | ||||||
Textron, Inc. | 78,549 | 4,405,028 | ||||||
9,406,729 | ||||||||
Air Freight and Logistics — 0.8% | ||||||||
FedEx Corp. | 33,966 | 9,647,703 | ||||||
Airlines — 0.6% | ||||||||
Alaska Air Group, Inc.(1) | 54,652 | 3,782,465 | ||||||
Delta Air Lines, Inc.(1) | 31,614 | 1,526,324 | ||||||
Southwest Airlines Co.(1) | 32,146 | 1,962,835 | ||||||
7,271,624 | ||||||||
Auto Components — 0.7% | ||||||||
Lear Corp. | 25,328 | 4,590,700 | ||||||
Magna International, Inc. | 41,999 | 3,697,592 | ||||||
8,288,292 | ||||||||
Automobiles — 2.2% | ||||||||
Ford Motor Co.(1) | 975,062 | 11,944,509 | ||||||
General Motors Co.(1) | 94,133 | 5,408,882 | ||||||
Tesla, Inc.(1) | 12,106 | 8,085,961 | ||||||
25,439,352 | ||||||||
Banks — 2.8% | ||||||||
Bank of America Corp. | 352,093 | 13,622,478 | ||||||
CIT Group, Inc. | 30,987 | 1,596,140 | ||||||
Citigroup, Inc. | 66,364 | 4,827,981 | ||||||
East West Bancorp, Inc. | 40,331 | 2,976,428 | ||||||
JPMorgan Chase & Co. | 45,108 | 6,866,791 | ||||||
Truist Financial Corp. | 50,275 | 2,932,038 | ||||||
32,821,856 | ||||||||
Biotechnology — 1.8% | ||||||||
AbbVie, Inc. | 124,529 | 13,476,528 | ||||||
Amgen, Inc. | 6,574 | 1,635,677 | ||||||
Incyte Corp.(1) | 52,906 | 4,299,671 | ||||||
Sage Therapeutics, Inc.(1) | 16,174 | 1,210,624 | ||||||
20,622,500 | ||||||||
Building Products — 1.0% | ||||||||
Masco Corp. | 187,623 | 11,238,618 | ||||||
Capital Markets — 1.9% | ||||||||
Goldman Sachs Group, Inc. (The) | 11,932 | 3,901,764 | ||||||
Morgan Stanley | 128,025 | 9,942,421 | ||||||
State Street Corp. | 96,772 | 8,129,816 | ||||||
21,974,001 | ||||||||
Chemicals — 1.6% | ||||||||
Dow, Inc. | 74,214 | 4,745,243 | ||||||
Mosaic Co. (The) | 170,082 | 5,376,292 | ||||||
Olin Corp. | 47,606 | 1,807,600 | ||||||
Sherwin-Williams Co. (The) | 9,533 | 7,035,449 | ||||||
18,964,584 | ||||||||
Commercial Services and Supplies — 0.5% | ||||||||
Waste Management, Inc. | 45,160 | 5,826,543 | ||||||
Communications Equipment — 1.0% | ||||||||
Cisco Systems, Inc. | 142,774 | 7,382,843 | ||||||
Lumentum Holdings, Inc.(1) | 50,553 | 4,618,017 | ||||||
12,000,860 | ||||||||
Construction and Engineering — 0.8% | ||||||||
MasTec, Inc.(1) | 21,259 | 1,991,968 | ||||||
Quanta Services, Inc. | 82,384 | 7,248,145 | ||||||
9,240,113 | ||||||||
Consumer Finance — 0.7% | ||||||||
Synchrony Financial | 183,257 | 7,451,230 | ||||||
Containers and Packaging — 0.5% | ||||||||
WestRock Co. | 106,113 | 5,523,182 | ||||||
Distributors — 0.3% | ||||||||
LKQ Corp.(1) | 69,033 | 2,922,167 | ||||||
Diversified Consumer Services — 0.2% | ||||||||
Graham Holdings Co., Class B | 3,269 | 1,838,616 | ||||||
Diversified Financial Services — 1.1% | ||||||||
Berkshire Hathaway, Inc., Class B(1) | 51,404 | 13,132,180 | ||||||
Diversified Telecommunication Services — 2.1% | ||||||||
AT&T, Inc. | 396,321 | 11,996,637 | ||||||
Verizon Communications, Inc. | 214,131 | 12,451,717 | ||||||
24,448,354 | ||||||||
Electric Utilities — 0.1% | ||||||||
NextEra Energy, Inc. | 12,459 | 942,025 | ||||||
Electrical Equipment — 1.7% | ||||||||
Eaton Corp. plc | 70,072 | 9,689,556 | ||||||
Emerson Electric Co. | 108,910 | 9,825,860 | ||||||
19,515,416 | ||||||||
Electronic Equipment, Instruments and Components — 0.8% | ||||||||
Arrow Electronics, Inc.(1) | 82,730 | 9,168,139 | ||||||
Energy Equipment and Services — 0.4% | ||||||||
Baker Hughes Co. | 148,905 | 3,217,837 | ||||||
Schlumberger NV | 51,689 | 1,405,424 | ||||||
4,623,261 | ||||||||
Entertainment — 1.7% | ||||||||
Electronic Arts, Inc. | 38,712 | 5,240,443 | ||||||
Madison Square Garden Sports Corp.(1) | 25,123 | 4,508,574 | ||||||
Take-Two Interactive Software, Inc.(1) | 27,495 | 4,858,367 | ||||||
Walt Disney Co. (The)(1) | 29,091 | 5,367,871 | ||||||
19,975,255 | ||||||||
Equity Real Estate Investment Trusts (REITs) — 1.2% | ||||||||
Iron Mountain, Inc. | 159,468 | 5,901,911 | ||||||
Simon Property Group, Inc. | 48,924 | 5,566,083 | ||||||
Spirit Realty Capital, Inc. | 57,501 | 2,443,793 | ||||||
13,911,787 | ||||||||
Food and Staples Retailing — 1.4% | ||||||||
Kroger Co. (The) | 240,626 | 8,660,130 | ||||||
Walgreens Boots Alliance, Inc. | 33,151 | 1,819,990 | ||||||
Walmart, Inc. | 40,081 | 5,444,202 | ||||||
15,924,322 | ||||||||
Food Products — 1.6% | ||||||||
General Mills, Inc. | 39,755 | 2,437,777 | ||||||
J.M. Smucker Co. (The) | 16,032 | 2,028,529 |
Tyson Foods, Inc., Class A | 194,812 | 14,474,531 | ||||||
18,940,837 | ||||||||
Health Care Equipment and Supplies — 1.8% | ||||||||
Danaher Corp. | 48,275 | 10,865,737 | ||||||
Medtronic plc | 79,334 | 9,371,725 | ||||||
20,237,462 | ||||||||
Health Care Providers and Services — 4.9% | ||||||||
Anthem, Inc. | 22,030 | 7,907,668 | ||||||
Cardinal Health, Inc. | 15,291 | 928,928 | ||||||
CVS Health Corp. | 143,414 | 10,789,035 | ||||||
Humana, Inc. | 26,179 | 10,975,546 | ||||||
Laboratory Corp. of America Holdings(1) | 29,225 | 7,453,252 | ||||||
McKesson Corp. | 38,314 | 7,472,763 | ||||||
UnitedHealth Group, Inc. | 30,735 | 11,435,571 | ||||||
56,962,763 | ||||||||
Health Care Technology — 0.4% | ||||||||
Cerner Corp. | 55,975 | 4,023,483 | ||||||
Hotels, Restaurants and Leisure — 2.5% | ||||||||
Aramark | 106,729 | 4,032,221 | ||||||
Booking Holdings, Inc.(1) | 2,143 | 4,992,847 | ||||||
Darden Restaurants, Inc. | 33,769 | 4,795,198 | ||||||
Las Vegas Sands Corp.(1) | 24,705 | 1,501,076 | ||||||
Six Flags Entertainment Corp.(1) | 61,356 | 2,851,213 | ||||||
Starbucks Corp. | 12,652 | 1,382,484 | ||||||
Texas Roadhouse, Inc.(1) | 57,672 | 5,533,052 | ||||||
Vail Resorts, Inc.(1) | 14,218 | 4,146,822 | ||||||
29,234,913 | ||||||||
Household Products — 1.3% | ||||||||
Clorox Co. (The) | 18,514 | 3,570,980 | ||||||
Colgate-Palmolive Co. | 149,465 | 11,782,326 | ||||||
15,353,306 | ||||||||
Industrial Conglomerates — 1.7% | ||||||||
3M Co. | 52,136 | 10,045,565 | ||||||
Honeywell International, Inc. | 45,388 | 9,852,373 | ||||||
19,897,938 | ||||||||
Interactive Media and Services — 4.3% | ||||||||
Alphabet, Inc., Class A(1) | 16,544 | 34,122,331 | ||||||
Facebook, Inc., Class A(1) | 53,810 | 15,848,659 | ||||||
49,970,990 | ||||||||
Internet and Direct Marketing Retail — 3.6% | ||||||||
Amazon.com, Inc.(1) | 11,924 | 36,893,810 | ||||||
eBay, Inc. | 77,811 | 4,765,146 | ||||||
41,658,956 | ||||||||
IT Services — 3.0% | ||||||||
Accenture plc, Class A | 20,958 | 5,789,648 | ||||||
Akamai Technologies, Inc.(1) | 43,457 | 4,428,268 | ||||||
Cognizant Technology Solutions Corp., Class A | 71,036 | 5,549,332 | ||||||
International Business Machines Corp. | 47,514 | 6,331,716 | ||||||
PayPal Holdings, Inc.(1) | 52,147 | 12,663,377 | ||||||
34,762,341 | ||||||||
Leisure Products — 0.3% | ||||||||
Polaris, Inc. | 21,644 | 2,889,474 | ||||||
Life Sciences Tools and Services — 0.2% | ||||||||
Thermo Fisher Scientific, Inc. | 4,821 | 2,200,208 | ||||||
Machinery — 1.1% | ||||||||
CNH Industrial NV(1) | 713,034 | 11,151,852 | ||||||
Kennametal, Inc. | 35,819 | 1,431,685 | ||||||
12,583,537 | ||||||||
Media — 1.2% | ||||||||
Comcast Corp., Class A | 174,509 | 9,442,682 | ||||||
Liberty Broadband Corp., Class C(1) | 27,514 | 4,131,227 | ||||||
13,573,909 | ||||||||
Metals and Mining — 1.5% | ||||||||
Cleveland-Cliffs, Inc. | 271,806 | 5,466,019 | ||||||
Freeport-McMoRan, Inc.(1) | 151,543 | 4,990,311 | ||||||
Reliance Steel & Aluminum Co. | 47,848 | 7,286,772 | ||||||
17,743,102 | ||||||||
Multiline Retail — 1.3% | ||||||||
Dollar Tree, Inc.(1) | 24,856 | 2,845,018 | ||||||
Target Corp. | 59,169 | 11,719,604 | ||||||
14,564,622 | ||||||||
Oil, Gas and Consumable Fuels — 3.3% | ||||||||
Chevron Corp. | 103,073 | 10,801,020 | ||||||
ConocoPhillips | 41,485 | 2,197,460 | ||||||
DCP Midstream LP | 79,608 | 1,724,309 | ||||||
Exxon Mobil Corp. | 110,992 | 6,196,683 | ||||||
New Fortress Energy, Inc. | 68,179 | 3,130,098 | ||||||
Phillips 66 | 56,990 | 4,646,965 | ||||||
Valero Energy Corp. | 20,807 | 1,489,781 | ||||||
Williams Cos., Inc. (The) | 312,000 | 7,391,280 | ||||||
37,577,596 | ||||||||
Personal Products — 0.4% | ||||||||
Coty, Inc., Class A(1) | 199,395 | 1,796,549 | ||||||
Herbalife Nutrition Ltd.(1) | 75,310 | 3,340,752 | ||||||
5,137,301 | ||||||||
Pharmaceuticals — 4.3% | ||||||||
Bristol-Myers Squibb Co. | 235,134 | 14,844,009 | ||||||
Johnson & Johnson | 98,425 | 16,176,149 | ||||||
Merck & Co., Inc. | 125,185 | 9,650,512 | ||||||
Pfizer, Inc. | 235,582 | 8,535,136 | ||||||
49,205,806 | ||||||||
Professional Services — 0.4% | ||||||||
Robert Half International, Inc. | 32,414 | 2,530,561 | ||||||
TriNet Group, Inc.(1) | 32,568 | 2,539,001 | ||||||
5,069,562 | ||||||||
Road and Rail — 0.3% | ||||||||
Ryder System, Inc. | 46,475 | 3,515,834 | ||||||
Semiconductors and Semiconductor Equipment — 8.0% | ||||||||
Applied Materials, Inc. | 119,865 | 16,013,964 | ||||||
Broadcom, Inc. | 32,352 | 15,000,328 | ||||||
Intel Corp. | 19,446 | 1,244,544 | ||||||
KLA Corp. | 22,900 | 7,566,160 | ||||||
Lam Research Corp. | 13,026 | 7,753,596 | ||||||
Micron Technology, Inc.(1) | 132,346 | 11,674,241 | ||||||
Qorvo, Inc.(1) | 48,651 | 8,888,538 | ||||||
QUALCOMM, Inc. | 87,153 | 11,555,616 | ||||||
Synaptics, Inc.(1) | 14,028 | 1,899,672 |
Texas Instruments, Inc. | 56,866 | 10,747,105 | ||||||
92,343,764 | ||||||||
Software — 11.0% | ||||||||
Adobe, Inc.(1) | 16,539 | 7,862,144 | ||||||
Autodesk, Inc.(1) | 22,583 | 6,258,878 | ||||||
Cadence Design Systems, Inc.(1) | 60,205 | 8,247,483 | ||||||
Citrix Systems, Inc. | 23,976 | 3,365,271 | ||||||
CommVault Systems, Inc.(1) | 38,120 | 2,458,740 | ||||||
Fortinet, Inc.(1) | 29,891 | 5,512,498 | ||||||
Intuit, Inc. | 13,692 | 5,244,858 | ||||||
j2 Global, Inc.(1) | 25,681 | 3,078,125 | ||||||
Microsoft Corp. | 215,224 | 50,743,363 | ||||||
Oracle Corp. (New York) | 136,726 | 9,594,063 | ||||||
salesforce.com, Inc.(1) | 36,205 | 7,670,753 | ||||||
ServiceNow, Inc.(1) | 13,598 | 6,800,496 | ||||||
Varonis Systems, Inc.(1) | 74,358 | 3,817,540 | ||||||
VMware, Inc., Class A(1) | 47,229 | 7,105,603 | ||||||
127,759,815 | ||||||||
Specialty Retail — 4.7% | ||||||||
AutoNation, Inc.(1) | 73,467 | 6,848,594 | ||||||
AutoZone, Inc.(1) | 2,648 | 3,718,586 | ||||||
Best Buy Co., Inc. | 91,027 | 10,450,810 | ||||||
Dick's Sporting Goods, Inc. | 58,186 | 4,430,864 | ||||||
Home Depot, Inc. (The) | 51,090 | 15,595,222 | ||||||
Lowe's Cos., Inc. | 71,003 | 13,503,351 | ||||||
54,547,427 | ||||||||
Technology Hardware, Storage and Peripherals — 5.2% | ||||||||
Apple, Inc. | 483,996 | 59,120,111 | ||||||
NCR Corp.(1) | 36,721 | 1,393,562 | ||||||
60,513,673 | ||||||||
Textiles, Apparel and Luxury Goods — 0.6% | ||||||||
PVH Corp.(1) | 22,097 | 2,335,653 | ||||||
Tapestry, Inc.(1) | 102,881 | 4,239,726 | ||||||
6,575,379 | ||||||||
Trading Companies and Distributors — 1.1% | ||||||||
United Rentals, Inc.(1) | 37,550 | 12,365,591 | ||||||
TOTAL COMMON STOCKS (Cost $871,996,999) | 1,141,328,298 | |||||||
TEMPORARY CASH INVESTMENTS — 2.4% | ||||||||
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 1.875% - 2.50%, 11/30/21 - 2/15/46, valued at $5,077,949), in a joint trading account at 0.01%, dated 3/31/21, due 4/1/21 (Delivery value $4,978,210) | 4,978,209 | |||||||
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 0.75%, 3/31/26, valued at $16,931,058), at 0.00%, dated 3/31/21, due 4/1/21 (Delivery value $16,599,000) | 16,599,000 | |||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 6,435,417 | 6,435,417 | ||||||
TOTAL TEMPORARY CASH INVESTMENTS (Cost $28,012,626) | 28,012,626 | |||||||
TOTAL INVESTMENT SECURITIES — 101.1% (Cost $900,009,625) | 1,169,340,924 | |||||||
OTHER ASSETS AND LIABILITIES — (1.1)% | (12,439,992) | |||||||
TOTAL NET ASSETS — 100.0% | $ | 1,156,900,932 |
FUTURES CONTRACTS PURCHASED | ||||||||||||||
Reference Entity | Contracts | Expiration Date | Notional Amount | Unrealized Appreciation (Depreciation)^ | ||||||||||
S&P 500 E-Mini | 46 | June 2021 | $ | 9,125,020 | $ | 123,796 |
^Amount represents value and unrealized appreciation (depreciation).
NOTES TO SCHEDULE OF INVESTMENTS |
(1)Non-income producing.
SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS
1. Investment Valuations
The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The Board of Directors has adopted valuation policies and procedures to guide the investment advisor in the fund’s investment valuation process and to provide methodologies for the oversight of the fund’s pricing function.
Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.
Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.
If the fund determines that the market price for an investment is not readily available or the valuation methods mentioned above do not reflect an investment’s fair value, such investment is valued as determined in good faith by the Board of Directors or its delegate, in accordance with policies and procedures adopted by the Board of Directors. In its determination of fair value, the fund may review several factors including, but not limited to, market information regarding the specific investment or comparable investments and correlation with other investment types, futures indices or general market indicators. Circumstances that may cause the fund to use these procedures to value an investment include, but are not limited to: an investment has been declared in default or is distressed; trading in a security has been suspended during the trading day or a security is not actively trading on its principal exchange; prices received from a regular pricing source are deemed unreliable; or there is a foreign market holiday and no trading occurred.
The fund monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The fund also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that the Board of Directors, or its delegate, deems appropriate. The fund may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.
2. Fair Value Measurements
The fund’s investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.
•Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.
•Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.
•Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).
The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.
The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund’s portfolio holdings.
Level 1 ($) | Level 2 ($) | Level 3 ($) | |||||||||
Assets | |||||||||||
Investment Securities | |||||||||||
Common Stocks | 1,141,328,298 | — | — | ||||||||
Temporary Cash Investments | 6,435,417 | 21,577,209 | — | ||||||||
1,147,763,715 | 21,577,209 | — | |||||||||
Other Financial Instruments | |||||||||||
Futures Contracts | 123,796 | — | — |
This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual shareholder report.