Liberty All-Star® Growth Fund
|
Schedule of Investments
|
SHARES
|
MARKET VALUE
|
|||||||
COMMON STOCKS (98.29%)
|
||||||||
CONSUMER DISCRETIONARY (18.87%)
|
||||||||
Auto Components (0.88%)
|
||||||||
Dorman Products, Inc.(a)
|
18,000
|
$
|
1,289,160
|
|||||
Distributors (0.73%)
|
||||||||
Pool Corp.
|
10,000
|
1,081,700
|
||||||
Diversified Consumer Services (1.24%)
|
||||||||
Chegg, Inc.(a)
|
123,338
|
1,830,336
|
||||||
Hotels, Restaurants & Leisure (3.59%)
|
||||||||
Chipotle Mexican Grill, Inc.(a)
|
4,680
|
1,440,644
|
||||||
Chuy's Holdings, Inc.(a)
|
14,119
|
297,205
|
||||||
Planet Fitness, Inc., Class A
|
39,506
|
1,065,872
|
||||||
Starbucks Corp.
|
27,866
|
1,496,683
|
||||||
Texas Roadhouse, Inc.
|
20,000
|
982,800
|
||||||
5,283,204
|
||||||||
Household Durables (0.32%)
|
||||||||
GoPro, Inc., Class A(a)(b)
|
43,243
|
476,105
|
||||||
Internet & Direct Marketing Retail (3.81%)
|
||||||||
Amazon.com, Inc.(a)
|
1,497
|
1,439,141
|
||||||
The Priceline Group, Inc.(a)
|
1,026
|
1,878,421
|
||||||
Wayfair, Inc., Class A(a)(b)
|
34,057
|
2,295,442
|
||||||
5,613,004
|
||||||||
Leisure Products (0.73%)
|
||||||||
Hasbro, Inc.
|
11,000
|
1,074,370
|
||||||
Multiline Retail (0.70%)
|
||||||||
Ollie's Bargain Outlet Holdings, Inc.(a)
|
22,358
|
1,037,411
|
||||||
Specialty Retail (3.22%)
|
||||||||
Francesca's Holdings Corp.(a)
|
35,436
|
260,809
|
||||||
Lowe's Companies, Inc.
|
21,139
|
1,689,852
|
||||||
The TJX Companies, Inc.
|
20,247
|
1,492,811
|
||||||
Ulta Beauty, Inc.(a)
|
5,753
|
1,300,523
|
||||||
4,743,995
|
||||||||
Textiles, Apparel & Luxury Goods (3.65%)
|
||||||||
Canada Goose Holdings, Inc.(a)
|
48,726
|
1,001,320
|
||||||
Carter's, Inc.
|
12,000
|
1,185,000
|
||||||
NIKE, Inc., Class B
|
34,818
|
1,805,313
|
||||||
PVH Corp.
|
11,000
|
1,386,660
|
||||||
5,378,293
|
Liberty All-Star® Growth Fund
|
Schedule of Investments
|
SHARES
|
MARKET VALUE
|
|||||||
COMMON STOCKS (continued)
|
||||||||
CONSUMER STAPLES (2.69%)
|
||||||||
Food Products (2.03%)
|
||||||||
McCormick & Co., Inc.
|
12,500
|
$
|
1,283,000
|
|||||
Mondelez International, Inc., Class A
|
42,243
|
1,717,600
|
||||||
3,000,600
|
||||||||
Household Products (0.66%)
|
||||||||
Church & Dwight Co., Inc.
|
20,000
|
969,000
|
||||||
ENERGY (1.82%)
|
||||||||
Energy Equipment & Services (1.82%)
|
||||||||
Core Laboratories NV(b)
|
12,922
|
1,275,402
|
||||||
Schlumberger Ltd.
|
20,162
|
1,406,501
|
||||||
2,681,903
|
||||||||
FINANCIALS (6.01%)
|
||||||||
Banks (1.78%)
|
||||||||
Independent Bank Group, Inc.
|
8,884
|
535,705
|
||||||
Signature Bank(a)
|
16,313
|
2,088,717
|
||||||
2,624,422
|
||||||||
Capital Markets (3.23%)
|
||||||||
FactSet Research Systems, Inc.
|
6,500
|
1,170,715
|
||||||
Financial Engines, Inc.
|
1,925
|
66,894
|
||||||
Raymond James Financial, Inc.
|
18,500
|
1,560,105
|
||||||
State Street Corp.
|
17,066
|
1,630,486
|
||||||
Virtus Investment Partners, Inc.
|
2,871
|
333,179
|
||||||
4,761,379
|
||||||||
Thrifts & Mortgage Finance (1.00%)
|
||||||||
BofI Holding, Inc.(a)(b)
|
51,413
|
1,463,728
|
||||||
HEALTH CARE (16.75%)
|
||||||||
Biotechnology (4.29%)
|
||||||||
ACADIA Pharmaceuticals, Inc.(a)
|
28,820
|
1,085,650
|
||||||
Portola Pharmaceuticals, Inc.(a)
|
34,026
|
1,838,425
|
||||||
Puma Biotechnology, Inc.(a)
|
9,387
|
1,124,093
|
||||||
Regeneron Pharmaceuticals, Inc.(a)
|
3,336
|
1,491,592
|
||||||
Ultragenyx Pharmaceutical, Inc.(a)
|
14,761
|
786,171
|
||||||
6,325,931
|
||||||||
Health Care Equipment & Supplies (3.84%)
|
||||||||
The Cooper Cos., Inc.
|
6,000
|
1,422,660
|
||||||
Insulet Corp.(a)
|
33,031
|
1,819,348
|
||||||
ResMed, Inc.
|
17,000
|
1,308,320
|
||||||
STERIS PLC
|
12,500
|
1,105,000
|
||||||
5,655,328
|
||||||||
Health Care Providers & Services (2.89%)
|
||||||||
Diplomat Pharmacy, Inc.(a)
|
30,469
|
631,013
|
Liberty All-Star® Growth Fund
|
Schedule of Investments
|
SHARES
|
MARKET VALUE
|
|||||||
COMMON STOCKS (continued)
|
||||||||
Health Care Providers & Services (continued)
|
||||||||
Henry Schein, Inc.(a)
|
13,000
|
$
|
1,065,870
|
|||||
PetIQ, Inc.(a)
|
475
|
12,863
|
||||||
UnitedHealth Group, Inc.
|
9,209
|
1,803,583
|
||||||
US Physical Therapy, Inc.
|
12,190
|
749,075
|
||||||
4,262,404
|
||||||||
Health Care Technology (1.96%)
|
||||||||
Cerner Corp.(a)
|
26,482
|
1,888,696
|
||||||
Cotiviti Holdings, Inc.(a)
|
27,741
|
998,121
|
||||||
2,886,817
|
||||||||
Life Sciences Tools & Services (2.44%)
|
||||||||
Cambrex Corp.(a)
|
20,000
|
1,100,000
|
||||||
Charles River Laboratories International, Inc.(a)
|
11,500
|
1,242,230
|
||||||
Mettler-Toledo International, Inc.(a)
|
2,000
|
1,252,320
|
||||||
3,594,550
|
||||||||
Pharmaceuticals (1.33%)
|
||||||||
Aerie Pharmaceuticals, Inc.(a)
|
5,838
|
283,727
|
||||||
Novo Nordisk AS(c)
|
34,682
|
1,669,938
|
||||||
1,953,665
|
||||||||
INDUSTRIALS (13.72%)
|
||||||||
Aerospace & Defense (1.00%)
|
||||||||
HEICO Corp.
|
16,435
|
1,476,027
|
||||||
Air Freight & Logistics (1.31%)
|
||||||||
XPO Logistics, Inc.(a)
|
28,470
|
1,929,697
|
||||||
Building Products (1.86%)
|
||||||||
Allegion PLC
|
3,212
|
277,742
|
||||||
Lennox International, Inc.
|
7,000
|
1,252,790
|
||||||
Masco Corp.
|
31,000
|
1,209,310
|
||||||
2,739,842
|
||||||||
Commercial Services & Supplies (0.93%)
|
||||||||
Cintas Corp.
|
9,500
|
1,370,660
|
||||||
Electrical Equipment (0.47%)
|
||||||||
Acuity Brands, Inc.
|
4,000
|
685,120
|
||||||
Machinery (4.05%)
|
||||||||
Barnes Group, Inc.
|
18,998
|
1,338,219
|
||||||
The Middleby Corp.(a)
|
16,210
|
2,077,636
|
||||||
Proto Labs, Inc.(a)
|
2,253
|
180,916
|
||||||
Snap-on, Inc.
|
6,500
|
968,565
|
||||||
WABCO Holdings, Inc.(a)
|
9,500
|
1,406,000
|
||||||
5,971,336
|
Liberty All-Star® Growth Fund
|
Schedule of Investments
|
SHARES
|
MARKET VALUE
|
|||||||
COMMON STOCKS (continued)
|
||||||||
Professional Services (1.09%)
|
||||||||
WageWorks, Inc.(a)
|
26,492
|
$
|
1,608,064
|
|||||
Road & Rail (2.01%)
|
||||||||
J.B. Hunt Transport Services, Inc.
|
26,666
|
2,962,059
|
||||||
Trading Companies & Distributors (1.00%)
|
||||||||
H&E Equipment Services, Inc.
|
13,784
|
402,493
|
||||||
SiteOne Landscape Supply, Inc.(a)
|
18,276
|
1,061,835
|
||||||
1,464,328
|
||||||||
INFORMATION TECHNOLOGY (31.90%)
|
||||||||
Communications Equipment (0.74%)
|
||||||||
F5 Networks, Inc.(a)
|
9,000
|
1,085,040
|
||||||
Electronic Equipment, Instruments & Components (3.45%)
|
||||||||
Cognex Corp.
|
12,500
|
1,378,500
|
||||||
Fabrinet(a)
|
27,500
|
1,019,150
|
||||||
IPG Photonics Corp.(a)
|
14,528
|
2,688,552
|
||||||
5,086,202
|
||||||||
Internet Software & Services (6.65%)
|
||||||||
2U, Inc.(a)
|
10,209
|
572,112
|
||||||
Alphabet, Inc., Class C(a)
|
2,054
|
1,970,012
|
||||||
Facebook, Inc., Class A(a)
|
11,399
|
1,947,747
|
||||||
GTT Communications, Inc.(a)
|
46,234
|
1,463,306
|
||||||
Shutterstock, Inc.(a)
|
226
|
7,524
|
||||||
SPS Commerce, Inc.(a)
|
1,707
|
96,804
|
||||||
Stamps.com, Inc.(a)(b)
|
10,223
|
2,071,691
|
||||||
The Trade Desk, Inc., Class A(a)
|
27,173
|
1,671,411
|
||||||
9,800,607
|
||||||||
IT Services (6.87%)
|
||||||||
Alliance Data Systems Corp.
|
6,184
|
1,370,065
|
||||||
Automatic Data Processing, Inc.
|
10,109
|
1,105,116
|
||||||
EPAM Systems, Inc.(a)
|
12,579
|
1,106,072
|
||||||
FleetCor Technologies, Inc.(a)
|
12,578
|
1,946,697
|
||||||
Genpact Ltd.
|
45,000
|
1,293,750
|
||||||
Jack Henry & Associates, Inc.
|
11,500
|
1,182,085
|
||||||
Visa, Inc., Class A
|
20,193
|
2,125,111
|
||||||
10,128,896
|
||||||||
Semiconductors & Semiconductor Equipment (1.61%)
|
||||||||
Impinj, Inc.(a)(b)
|
4,696
|
195,400
|
||||||
MACOM Technology Solutions Holdings, Inc.(a)(b)
|
17,606
|
785,404
|
||||||
Monolithic Power Systems, Inc.
|
13,000
|
1,385,150
|
||||||
2,365,954
|
Liberty All-Star® Growth Fund
|
Schedule of Investments
|
SHARES
|
MARKET VALUE
|
|||||||
COMMON STOCKS (continued)
|
||||||||
Software (11.69%)
|
||||||||
Autodesk, Inc.(a)
|
13,842
|
$
|
1,553,903
|
|||||
Ebix, Inc.(b)
|
28,906
|
1,886,116
|
||||||
Everbridge, Inc.(a)
|
49,354
|
1,303,932
|
||||||
Globant SA(a)(b)
|
16,741
|
670,812
|
||||||
HubSpot, Inc.(a)
|
11,237
|
944,470
|
||||||
Paylocity Holding Corp.(a)
|
38,551
|
1,882,060
|
||||||
RealPage, Inc.(a)
|
4,905
|
195,709
|
||||||
Red Hat, Inc.(a)
|
14,688
|
1,628,312
|
||||||
Salesforce.com, Inc.(a)
|
21,204
|
1,980,878
|
||||||
SAP SE(b)(c)
|
13,558
|
1,486,635
|
||||||
SS&C Technologies Holdings, Inc.
|
30,000
|
1,204,500
|
||||||
Synopsys, Inc.(a)
|
18,000
|
1,449,540
|
||||||
The Ultimate Software Group, Inc.(a)
|
5,448
|
1,032,941
|
||||||
17,219,808
|
||||||||
Technology Hardware, Storage & Peripherals (0.89%)
|
||||||||
Electronics For Imaging, Inc.(a)
|
30,290
|
1,292,777
|
||||||
Stratasys Ltd.(a)
|
722
|
16,693
|
||||||
1,309,470
|
||||||||
MATERIALS (3.01%)
|
||||||||
Chemicals (2.07%)
|
||||||||
Ecolab, Inc.
|
14,290
|
1,837,837
|
||||||
International Flavors & Fragrances, Inc.
|
8,500
|
1,214,735
|
||||||
3,052,572
|
||||||||
Containers & Packaging (0.94%)
|
||||||||
Avery Dennison Corp.
|
14,000
|
1,376,760
|
||||||
REAL ESTATE (3.52%)
|
||||||||
Equity Real Estate Investment Trusts (1.83%)
|
||||||||
Camden Property Trust
|
12,000
|
1,097,400
|
||||||
Equinix, Inc.
|
3,595
|
1,604,449
|
||||||
2,701,849
|
||||||||
Real Estate Management & Development (1.69%)
|
||||||||
FirstService Corp.
|
37,800
|
2,487,618
|
||||||
TOTAL COMMON STOCKS
|
||||||||
(COST OF $102,509,785)
|
144,809,214
|
Liberty All-Star® Growth Fund
|
Schedule of Investments
|
SHARES
|
MARKET VALUE
|
|||||||
SHORT TERM INVESTMENTS (6.01%)
|
||||||||
MONEY MARKET FUND (1.85%)
|
||||||||
State Street Institutional U.S. Government Money Market Fund, 0.93%(d)
|
||||||||
(COST OF $2,727,761)
|
2,727,761
|
2,727,761
|
||||||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LOANED (4.16%)
|
||||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 1.02%
|
||||||||
(COST OF $6,122,208)
|
6,122,208
|
$
|
6,122,208
|
|||||
TOTAL SHORT TERM INVESTMENTS
|
||||||||
(COST OF $8,849,969)
|
8,849,969
|
|||||||
TOTAL INVESTMENTS (104.29%)
|
||||||||
(COST OF $111,359,754)
|
153,659,183
|
|||||||
LIABILITIES IN EXCESS OF OTHER ASSETS (-4.29%)
|
(6,321,789
|
)
|
||||||
NET ASSETS (100.00%)
|
$
|
147,337,394
|
||||||
NET ASSET VALUE PER SHARE
|
||||||||
(26,909,895 SHARES OUTSTANDING)
|
$
|
5.48
|
(a)
|
Non-income producing security.
|
(b)
|
Security, or a portion of the security position, is currently on loan. The total market value of securities on loan is $8,888,154.
|
(c)
|
American Depositary Receipt.
|
(d)
|
Rate reflects seven-day effective yield on September 30, 2017.
|
Liberty All-Star® Growth Fund |
Notes to Schedule of Investments
|
Liberty All-Star® Growth Fund |
Notes to Schedule of Investments
|
Market Value of
Securities on Loan |
Cash
Collateral Received
|
Non-Cash
Collateral Received
|
Total
Collateral Received
|
|||||||||||
$
|
8,888,154
|
$
|
6,122,208
|
$
|
2,956,706
|
$
|
9,078,914
|
Liberty All-Star® Growth Fund |
Notes to Schedule of Investments
|
Level 1
|
–
|
Unadjusted quoted prices in active markets for identical investments, unrestricted assets or liabilities that a Fund has the ability to access at the measurement date;
|
|
Level 2
|
–
|
Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and
|
|
Level 3
|
–
|
Significant unobservable prices or inputs (including the Fund's own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date.
|
Valuation Inputs
|
||||||||||||||||
Investments in Securities at Value*
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Common Stocks
|
$
|
144,809,214
|
$
|
–
|
$
|
–
|
$
|
144,809,214
|
||||||||
Short Term Investment
|
2,727,761
|
–
|
–
|
2,727,761
|
||||||||||||
Investments Purchased with Collateral from Securities Loaned
|
6,122,208
|
–
|
–
|
6,122,208
|
||||||||||||
Total
|
$
|
153,659,183
|
$
|
–
|
$
|
–
|
$
|
153,659,183
|
*
|
See Schedule of Investments for industry classifications.
|
Liberty All-Star® Growth Fund |
Notes to Schedule of Investments
|
(a) |
The registrant's Principal Executive Officer and Principal Financial Officer have evaluated the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) within 90 days of this filing and have concluded that the registrant's disclosure controls and procedures were effective, as of that date.
|
(b) |
There was no change in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) during registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.
|
|
LIBERTY ALL-STAR GROWTH FUND, INC.
|
|
|
|
|
|
|
|
By: |
/s/ William Parmentier
|
|
|
|
William Parmentier |
|
|
|
President (principal executive officer)
|
|
|
|
|
|
|
Date: | November 17, 2017 |
|
|
By: |
/s/ William Parmentier
|
|
|
|
William Parmentier
|
|
|
|
President (principal executive officer)
|
|
|
|
|
|
|
Date: |
November 17, 2017
|
|
|
|
|
|
|
By: | /s/ Kimberly Storms |
|
|
|
Kimberly Storms |
|
|
|
Treasurer (principal financial officer)
|
|
|
|
|
|
|
Date: | November 17, 2017 |
|