NPORT-P
    false
    
      
      
        
          0000908186
          XXXXXXXX
        
      
      
      
      
        S000005780
        C000015883
        C000050996
        C000015882
        C000015884
        C000189664
        C000131605
        C000050997
        C000189663
      
      
      
    
  
  
    
      American Century Capital Portfolios, Inc.
      811-07820
      0000908186
      54930011K8R4RJDCY258
      4500 Main St
      Kansas City
      
      64111
      816-531-5575
      Real Estate Fund
      S000005780
      HR05V1805OVZAZ8RY743
      2021-10-31
      2021-07-31
      N
    
    
      1005931496.330000000000
      878544.170000000000
      1005052952.160000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      N
      
        
          
          
          
          
          
          
          
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Xenia Hotels & Resorts Inc
        54930075IWIPHF5IQL62
        Xenia Hotels & Resorts Inc
        984017103
        
          
          
          
        
        884614.0000000000
        NS
        USD
        15639975.5200000000
        1.5561344789
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        American Campus Communities Inc
        N/A
        American Campus Communities Inc
        024835100
        
          
          
          
        
        251556.0000000000
        NS
        USD
        12655782.3600000000
        1.2592154804
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        American Tower Corp
        5493006ORUSIL88JOE18
        American Tower Corp
        03027X100
        
          
          
          
        
        255760.0000000000
        NS
        USD
        72328928.0000000000
        7.1965290828
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        AvalonBay Communities Inc
        K9G90K85RBWD2LAGQX17
        AvalonBay Communities Inc
        053484101
        
          
          
          
        
        72570.0000000000
        NS
        USD
        16533623.1000000000
        1.6450499513
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Brixmor Property Group Inc
        N/A
        Brixmor Property Group Inc
        11120U105
        
          
          
          
        
        749290.0000000000
        NS
        USD
        17248655.8000000000
        1.7161937352
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Community Healthcare Trust Inc
        549300FATSRCMKOV9536
        Community Healthcare Trust Inc
        20369C106
        
          
          
          
        
        106107.0000000000
        NS
        USD
        5287311.8100000000
        0.5260729595
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        CoreSite Realty Corp
        N/A
        CoreSite Realty Corp
        21870Q105
        
          
          
          
        
        73352.0000000000
        NS
        USD
        10137979.9200000000
        1.0087010737
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Crown Castle International Corp
        54930012H97VSM0I2R19
        Crown Castle International Corp
        22822V101
        
          
          
          
        
        366350.0000000000
        NS
        USD
        70738521.5000000000
        7.0382880174
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Empire State Realty Trust Inc
        549300VOKY1DUEQSB456
        Empire State Realty Trust Inc
        292104106
        
          
          
          
        
        524145.0000000000
        NS
        USD
        5990977.3500000000
        0.5960857423
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Equinix Inc
        549300EVUN2BTLJ3GT74
        Equinix Inc
        29444U700
        
          
          
          
        
        85257.0000000000
        NS
        USD
        69945695.3700000000
        6.9594040015
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Equity Residential
        5493008RACSH5EP3PI59
        Equity Residential
        29476L107
        
          
          
          
        
        393258.0000000000
        NS
        USD
        33084795.5400000000
        3.2918460136
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Essential Properties Realty Trust Inc
        N/A
        Essential Properties Realty Trust Inc
        29670E107
        
          
          
          
        
        262116.0000000000
        NS
        USD
        7811056.8000000000
        0.7771786335
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Essex Property Trust Inc
        N/A
        Essex Property Trust Inc
        297178105
        
          
          
          
        
        61094.0000000000
        NS
        USD
        20044941.4000000000
        1.9944164491
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Extra Space Storage Inc
        N/A
        Extra Space Storage Inc
        30225T102
        
          
          
          
        
        199957.0000000000
        NS
        USD
        34820511.9800000000
        3.4645450178
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Innovative Industrial Properties Inc
        5493008BQ0545EZXRR30
        Innovative Industrial Properties Inc
        45781V101
        
          
          
          
        
        86939.0000000000
        NS
        USD
        18691015.6100000000
        1.8597045628
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Invitation Homes Inc
        N/A
        Invitation Homes Inc
        46187W107
        
          
          
          
        
        1246180.0000000000
        NS
        USD
        50694602.4000000000
        5.0439732843
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Iron Mountain Inc
        SQL3F6CKNNBM3SQGHX24
        Iron Mountain Inc
        46284V101
        
          
          
          
        
        345800.0000000000
        NS
        USD
        15132208.0000000000
        1.5056130095
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Kilroy Realty Corp
        549300CXXI18B214UN80
        Kilroy Realty Corp
        49427F108
        
          
          
          
        
        267717.0000000000
        NS
        USD
        18544756.5900000000
        1.8451521932
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Kimco Realty Corp
        549300EA7I6T15IBYS12
        Kimco Realty Corp
        49446R109
        
          
          
          
        
        689218.0000000000
        NS
        USD
        14701019.9400000000
        1.4627109854
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Life Storage Inc
        W9EE01AFDDF9DQCQZC68
        Life Storage Inc
        53223X107
        
          
          
          
        
        250745.0000000000
        NS
        USD
        29427433.2000000000
        2.9279485361
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        MGM Growth Properties LLC
        549300E2UGIBHWE12262
        MGM Growth Properties LLC
        55303A105
        
          
          
          
        
        136149.0000000000
        NS
        USD
        5146432.2000000000
        0.5120558264
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        NETSTREIT Corp
        N/A
        NETSTREIT Corp
        64119V303
        
          
          
          
        
        296249.0000000000
        NS
        USD
        7687661.5500000000
        0.7649011461
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        PotlatchDeltic Corp
        54930084YA8UJOTXDM59
        PotlatchDeltic Corp
        737630103
        
          
          
          
        
        257301.0000000000
        NS
        USD
        13364213.9400000000
        1.3297024710
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Prologis Inc
        N/A
        Prologis Inc
        74340W103
        
          
          
          
        
        773895.0000000000
        NS
        USD
        99089515.8000000000
        9.8591338483
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Realty Income Corp
        549300CUWDAUZSH43859
        Realty Income Corp
        756109104
        
          
          
          
        
        405211.0000000000
        NS
        USD
        28482281.1900000000
        2.8339085148
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Rexford Industrial Realty Inc
        549300MSLO0DF0EMX355
        Rexford Industrial Realty Inc
        76169C100
        
          
          
          
        
        341365.0000000000
        NS
        USD
        21000774.8000000000
        2.0895192392
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        State Street Institutional US Government Money Market Fund
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
          
          
        
        556098.3400000000
        NS
        USD
        556098.3400000000
        0.0553302529
        Long
        STIV
        RF
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        SBA Communications Corp
        N/A
        SBA Communications Corp
        78410G104
        
          
          
          
        
        142080.0000000000
        NS
        USD
        48447859.2000000000
        4.8204285253
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        SL Green Realty Corp
        N/A
        SL Green Realty Corp
        78440X804
        
          
          
          
        
        184005.0000000000
        NS
        USD
        13701012.3000000000
        1.3632129800
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Simon Property Group Inc
        N/A
        Simon Property Group Inc
        828806109
        
          
          
          
        
        266970.0000000000
        NS
        USD
        33777044.4000000000
        3.3607228681
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Sun Communities Inc
        549300H5GEOJYN41ZG57
        Sun Communities Inc
        866674104
        
          
          
          
        
        190391.0000000000
        NS
        USD
        37337579.0100000000
        3.7149862532
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Travel + Leisure Co
        T4VNTWMFQ7JQB65L7T35
        Travel + Leisure Co
        894164102
        
          
          
          
        
        121410.0000000000
        NS
        USD
        6289038.0000000000
        0.6257419558
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        UDR Inc
        P3CH2EG5X6Z1XWU1OO74
        UDR Inc
        902653104
        
          
          
          
        
        771877.0000000000
        NS
        USD
        42445516.2300000000
        4.2232119351
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Urban Edge Properties
        N/A
        Urban Edge Properties
        91704F104
        
          
          
          
        
        764104.0000000000
        NS
        USD
        14517976.0000000000
        1.4444986176
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Ventas Inc
        ORQTRC074CWLT3DKHT41
        Ventas Inc
        92276F100
        
          
          
          
        
        353820.0000000000
        NS
        USD
        21151359.6000000000
        2.1045020120
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        VICI Properties Inc
        N/A
        VICI Properties Inc
        925652109
        
          
          
          
        
        540543.0000000000
        NS
        USD
        16859536.1700000000
        1.6774774039
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Welltower Inc
        T6IZ0MBEG5ACZDTR7D06
        Welltower Inc
        95040Q104
        
          
          
          
        
        495488.0000000000
        NS
        USD
        43038087.6800000000
        4.2821711620
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Weyerhaeuser Co
        08IRJODWFYBI7QWRGS31
        Weyerhaeuser Co
        962166104
        
          
          
          
        
        210113.0000000000
        NS
        USD
        7087111.4900000000
        0.7051480695
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        State Street Bank & Trust Co 0.02 08/02/2021
        571474TGEMMWANRLN572
        State Street Bank & Trust Co 0.02 08/02/2021
        RPE42NC08
        
          
        
        4329000.0000000000
        PA
        USD
        4329000.0000000000
        0.4307235744
        Long
        RA
        CORP
        US
        
        N
        
        2
        
          2021-08-02
          Fixed
          0.02
          N
          N
          N
        
        
          Repurchase
          
          N
          0.02
          2021-08-02
          
            
              3933700
              USD
              4415605.94
              USD
              UST
            
          
        
        
          N
          N
          N
        
      
      
        Bank of Montreal/Chicago IL 0.02 08/02/2021
        NQQ6HPCNCCU6TUTQYE16
        Bank of Montreal/Chicago IL 0.02 08/02/2021
        RPE32N4Q2
        
          
        
        1732545.5000000000
        PA
        USD
        1732545.5000000000
        0.1723835044
        Long
        RA
        CORP
        US
        
        N
        
        2
        
          2021-08-02
          Fixed
          0.02
          N
          N
          N
        
        
          Repurchase
          
          N
          0.02
          2021-08-02
          
            
              1700081.927
              USD
              1767466.589
              USD
              UST
            
          
        
        
          N
          N
          N
        
      
    
    
      2021-09-23
      American Century Capital Portfolios, Inc.
      Amy R. Bitter
      Amy R. Bitter
      Assistant Treasurer
    
  
  XXXX
Document

American Century Investments®
Quarterly Portfolio Holdings
Real Estate Fund
July 31, 2021


Real Estate - Schedule of Investments
JULY 31, 2021 (UNAUDITED)
Shares/
Principal Amount ($)		Value ($)
COMMON STOCKS — 99.5%


Data Centers — 8.0%
CoreSite Realty Corp.73,352 10,137,980 
Equinix, Inc.85,257 69,945,695 
80,083,675 
Health Care — 6.9%
Community Healthcare Trust, Inc.106,107 5,287,312 
Ventas, Inc.353,820 21,151,359 
Welltower, Inc.495,488 43,038,088 
69,476,759 
Industrial — 13.8%
Innovative Industrial Properties, Inc.86,939 18,691,015 
Prologis, Inc.773,895 99,089,516 
Rexford Industrial Realty, Inc.341,365 21,000,775 
138,781,306 
Infrastructure REITs — 19.1%
American Tower Corp.255,760 72,328,928 
Crown Castle International Corp.366,350 70,738,522 
SBA Communications Corp.142,080 48,447,859 
191,515,309 
Lodging/Resorts — 2.2%
MGM Growth Properties LLC, Class A136,149 5,146,432 
Travel + Leisure Co.20,804 1,077,647 
Xenia Hotels & Resorts, Inc.(1)
884,614 15,639,976 
21,864,055 
Office — 3.8%
Empire State Realty Trust, Inc., Class A524,145 5,990,977 
Kilroy Realty Corp.267,717 18,544,757 
SL Green Realty Corp.184,005 13,701,012 
38,236,746 
Residential — 21.2%
American Campus Communities, Inc.251,556 12,655,782 
AvalonBay Communities, Inc.72,570 16,533,623 
Equity Residential393,258 33,084,796 
Essex Property Trust, Inc.61,094 20,044,941 
Invitation Homes, Inc.1,246,180 50,694,603 
Sun Communities, Inc.190,391 37,337,579 
UDR, Inc.771,877 42,445,516 
212,796,840 
Retail — 12.9%
Brixmor Property Group, Inc.749,290 17,248,656 
Essential Properties Realty Trust, Inc.262,116 7,811,057 
Kimco Realty Corp.954,075 20,350,420 
NETSTREIT Corp.296,249 7,687,662 
Realty Income Corp.405,211 28,482,281 
Simon Property Group, Inc.266,970 33,777,044 
Urban Edge Properties764,104 14,517,976 
129,875,096 
Self Storage — 6.4%
Extra Space Storage, Inc.199,957 34,820,512 


Life Storage, Inc.250,745 29,427,433 
64,247,945 
Specialty — 3.2%
Iron Mountain, Inc.345,800 15,132,208 
VICI Properties, Inc.540,543 16,859,536 
31,991,744 
Timber REITs — 2.0%
PotlatchDeltic Corp.257,301 13,364,214 
Weyerhaeuser Co.210,113 7,087,112 
20,451,326 
TOTAL COMMON STOCKS
(Cost $688,544,379)
999,320,801 
TEMPORARY CASH INVESTMENTS — 0.7%


Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.125% - 3.125%, 12/31/22 - 11/15/41, valued at $1,767,467), in a joint trading account at 0.02%, dated 7/30/21, due 8/2/21 (Delivery value $1,732,549)1,732,546 
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 2.50%, 5/15/46, valued at $4,415,606), at 0.02%, dated 7/30/21, due 8/2/21 (Delivery value $4,329,007)4,329,000 
State Street Institutional U.S. Government Money Market Fund, Premier Class556,098 556,098 
TOTAL TEMPORARY CASH INVESTMENTS
(Cost $6,617,644)
6,617,644 
TOTAL INVESTMENT SECURITIES — 100.2%
(Cost $695,162,023)

1,005,938,445 
OTHER ASSETS AND LIABILITIES — (0.2)%

(1,970,387)
TOTAL NET ASSETS — 100.0%

$1,003,968,058 

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. Equity securities initially expressed in local currencies are translated into U.S. dollars at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service.

Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value.

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 Stocks999,320,801 — — 
Temporary Cash Investments556,098 6,061,546 — 
999,876,899 6,061,546 — 
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.