|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.88%
|
|||
|
Communication Services-12.75%
|
|||
|
Alphabet, Inc., Class A
|
|
9,337
|
$1,603,536
|
|
Alphabet, Inc., Class C
|
|
8,799
|
1,520,907
|
|
Charter Communications, Inc., Class A(b)
|
|
602
|
238,554
|
|
Comcast Corp., Class A
|
|
17,395
|
601,345
|
|
Electronic Arts, Inc.
|
|
1,833
|
263,549
|
|
Meta Platforms, Inc., Class A
|
|
1,683
|
1,089,726
|
|
Netflix, Inc.(b)
|
|
2,720
|
3,283,666
|
|
Take-Two Interactive Software, Inc.(b)
|
|
1,107
|
250,492
|
|
T-Mobile US, Inc.
|
|
5,058
|
1,225,048
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
2,024
|
152,245
|
|
Warner Bros. Discovery, Inc.(b)
|
|
13,968
|
139,261
|
|
|
|
|
10,368,329
|
|
Consumer Discretionary-11.66%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
1,871
|
241,359
|
|
Amazon.com, Inc.(b)
|
|
14,414
|
2,955,014
|
|
Booking Holdings, Inc.
|
|
216
|
1,192,089
|
|
DoorDash, Inc., Class A(b)
|
|
1,704
|
355,540
|
|
lululemon athletica, inc.(b)
|
|
784
|
248,269
|
|
Marriott International, Inc., Class A
|
|
1,482
|
390,996
|
|
MercadoLibre, Inc. (Brazil)(b)
|
|
230
|
589,557
|
|
O’Reilly Automotive, Inc.(b)
|
|
420
|
574,350
|
|
PDD Holdings, Inc., ADR (China)(b)
|
|
1,917
|
185,010
|
|
Ross Stores, Inc.
|
|
1,971
|
276,117
|
|
Starbucks Corp.
|
|
5,215
|
437,799
|
|
Tesla, Inc.(b)
|
|
5,880
|
2,037,185
|
|
|
|
|
9,483,285
|
|
Consumer Staples-4.04%
|
|||
|
Coca-Cola Europacific Partners PLC (United
Kingdom)
|
|
2,776
|
254,809
|
|
Costco Wholesale Corp.
|
|
1,258
|
1,308,546
|
|
Keurig Dr Pepper, Inc.
|
|
5,552
|
186,936
|
|
Kraft Heinz Co. (The)
|
|
2,769
|
74,015
|
|
Mondelez International, Inc., Class A
|
|
6,064
|
409,259
|
|
Monster Beverage Corp.(b)
|
|
1,798
|
114,982
|
|
PepsiCo, Inc.
|
|
7,141
|
938,685
|
|
|
|
|
3,287,232
|
|
Financials-0.53%
|
|||
|
PayPal Holdings, Inc.(b)
|
|
6,104
|
428,989
|
|
Health Care-5.23%
|
|||
|
Amgen, Inc.
|
|
2,408
|
693,937
|
|
AstraZeneca PLC, ADR (United Kingdom)
|
|
2,751
|
200,355
|
|
Biogen, Inc.(b)
|
|
740
|
96,045
|
|
DexCom, Inc.(b)
|
|
2,009
|
172,372
|
|
GE HealthCare Technologies, Inc.
|
|
2,205
|
155,541
|
|
Gilead Sciences, Inc.
|
|
5,933
|
653,105
|
|
IDEXX Laboratories, Inc.(b)
|
|
502
|
257,707
|
|
Intuitive Surgical, Inc.(b)
|
|
2,037
|
1,125,117
|
|
Regeneron Pharmaceuticals, Inc.
|
|
604
|
296,129
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
1,366
|
603,840
|
|
|
|
|
4,254,148
|
|
Industrials-3.45%
|
|||
|
Automatic Data Processing, Inc.
|
|
2,633
|
857,121
|
|
Cintas Corp.
|
|
2,410
|
545,865
|
|
Copart, Inc.(b)(c)
|
|
5,465
|
281,338
|
|
Fastenal Co.
|
|
4,465
|
184,583
|
|
Old Dominion Freight Line, Inc.
|
|
1,331
|
213,186
|
|
PACCAR, Inc.
|
|
1,178
|
110,555
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Paychex, Inc.(c)
|
|
2,184
|
$344,876
|
|
Verisk Analytics, Inc.
|
|
864
|
271,417
|
|
|
|
|
2,808,941
|
|
Information Technology-59.73%
|
|||
|
Adobe, Inc.(b)
|
|
2,935
|
1,218,289
|
|
Advanced Micro Devices, Inc.(b)
|
|
11,588
|
1,283,139
|
|
ANSYS, Inc.(b)
|
|
578
|
191,214
|
|
Apple, Inc.
|
|
34,750
|
6,979,538
|
|
Applied Materials, Inc.
|
|
6,010
|
942,068
|
|
AppLovin Corp., Class A(b)
|
|
1,675
|
658,275
|
|
ASML Holding N.V., New York Shares
(Netherlands)
|
|
741
|
545,947
|
|
Atlassian Corp., Class A(b)
|
|
953
|
197,871
|
|
Autodesk, Inc.(b)
|
|
1,389
|
411,311
|
|
Broadcom, Inc.
|
|
15,781
|
3,820,107
|
|
Cadence Design Systems, Inc.(b)
|
|
1,820
|
522,467
|
|
CDW Corp.
|
|
1,117
|
201,462
|
|
Cisco Systems, Inc.
|
|
28,091
|
1,770,857
|
|
Cognizant Technology Solutions Corp., Class A
|
|
3,172
|
256,900
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
1,352
|
637,292
|
|
Datadog, Inc., Class A(b)
|
|
1,971
|
232,341
|
|
Fortinet, Inc.(b)
|
|
4,809
|
489,460
|
|
GLOBALFOUNDRIES, Inc.(b)(c)
|
|
3,341
|
119,608
|
|
Intel Corp.
|
|
23,463
|
458,702
|
|
Intuit, Inc.
|
|
1,686
|
1,270,350
|
|
KLA Corp.
|
|
930
|
703,898
|
|
Lam Research Corp.
|
|
9,277
|
749,489
|
|
Marvell Technology, Inc.
|
|
5,408
|
325,508
|
|
Microchip Technology, Inc.
|
|
1,429
|
82,939
|
|
Micron Technology, Inc.
|
|
6,201
|
585,746
|
|
Microsoft Corp.
|
|
19,237
|
8,855,945
|
|
MicroStrategy, Inc., Class A(b)
|
|
551
|
203,352
|
|
NVIDIA Corp.
|
|
66,170
|
8,941,552
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
1,537
|
293,767
|
|
ON Semiconductor Corp.(b)
|
|
2,063
|
86,687
|
|
Palantir Technologies, Inc., Class A(b)
|
|
10,326
|
1,360,760
|
|
Palo Alto Networks, Inc.(b)
|
|
4,661
|
896,870
|
|
QUALCOMM, Inc.
|
|
7,588
|
1,101,778
|
|
Roper Technologies, Inc.
|
|
574
|
327,335
|
|
Synopsys, Inc.(b)
|
|
1,045
|
484,859
|
|
Texas Instruments, Inc.
|
|
4,290
|
784,427
|
|
Workday, Inc., Class A(b)
|
|
1,326
|
328,463
|
|
Zscaler, Inc.(b)(c)
|
|
936
|
258,055
|
|
|
|
|
48,578,628
|
|
Materials-2.01%
|
|||
|
Linde PLC
|
|
3,496
|
1,634,660
|
|
Real Estate-0.18%
|
|||
|
CoStar Group, Inc.(b)
|
|
1,965
|
144,545
|
|
Utilities-0.30%
|
|||
|
Exelon Corp.
|
|
5,495
|
240,791
|
|
Total Common Stocks & Other Equity Interests
(Cost $68,949,749)
|
81,229,548
|
||
|
|
Shares
|
Value
|
|
|
Money Market Funds-0.09%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(d)(e)
(Cost $76,231)
|
|
76,231
|
$76,231
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.97%
(Cost $69,025,980)
|
81,305,779
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.05%
|
|||
|
Invesco Private Government Fund, 4.29%(d)(e)(f)
|
|
236,301
|
236,301
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 4.45%(d)(e)(f)
|
|
616,150
|
$616,273
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $852,574)
|
852,574
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.02%
(Cost $69,878,554)
|
82,158,353
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.02)%
|
(827,663
)
|
||
|
NET ASSETS-100.00%
|
$81,330,690
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
$59,151
|
$472,707
|
$(455,627
)
|
$-
|
$-
|
$76,231
|
$1,115
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
86,430
|
13,606,573
|
(13,456,702
)
|
-
|
-
|
236,301
|
14,935
*
|
|
Invesco Private Prime Fund
|
224,802
|
28,117,056
|
(27,725,268
)
|
(17
)
|
(300
)
|
616,273
|
39,567
*
|
|
Total
|
$370,383
|
$42,196,336
|
$(41,637,597
)
|
$(17
)
|
$(300
)
|
$928,805
|
$55,617
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.86%
|
|||
|
Communication Services-8.00%
|
|||
|
Fox Corp., Class A
|
|
1,267
|
$69,609
|
|
Fox Corp., Class B
|
|
1,370
|
68,884
|
|
Liberty Broadband Corp., Class A(b)
|
|
81
|
7,525
|
|
Liberty Broadband Corp., Class C(b)(c)
|
|
544
|
51,027
|
|
Liberty Media Corp.-Liberty Formula One(b)(c)
|
|
970
|
93,634
|
|
Liberty Media Corp.-Liberty Formula One(b)(c)
|
|
104
|
9,164
|
|
NetEase, Inc., ADR (China)
|
|
519
|
63,193
|
|
News Corp., Class A
|
|
2,352
|
66,421
|
|
News Corp., Class B(c)
|
|
1,178
|
38,544
|
|
|
|
|
468,001
|
|
Consumer Discretionary-13.82%
|
|||
|
Duolingo, Inc.(b)
|
|
131
|
68,069
|
|
eBay, Inc.
|
|
2,392
|
175,023
|
|
Expedia Group, Inc.
|
|
475
|
79,206
|
|
JD.com, Inc., ADR (China)
|
|
1,394
|
45,179
|
|
Pool Corp.(c)
|
|
226
|
67,933
|
|
Rivian Automotive, Inc., Class A(b)(c)
|
|
2,273
|
33,027
|
|
Tractor Supply Co.(c)
|
|
2,870
|
138,908
|
|
Trip.com Group Ltd., ADR (China)(c)
|
|
1,320
|
82,698
|
|
Ulta Beauty, Inc.(b)
|
|
252
|
118,808
|
|
|
|
|
808,851
|
|
Consumer Staples-2.88%
|
|||
|
Dollar Tree, Inc.(b)
|
|
945
|
85,296
|
|
Sprouts Farmers Market, Inc.(b)
|
|
314
|
54,278
|
|
The Campbell’s Company(c)
|
|
845
|
28,764
|
|
|
|
|
168,338
|
|
Financials-1.87%
|
|||
|
Affirm Holdings, Inc.(b)
|
|
980
|
50,862
|
|
Jack Henry & Associates, Inc.
|
|
322
|
58,337
|
|
|
|
|
109,199
|
|
Health Care-18.99%
|
|||
|
Align Technology, Inc.(b)
|
|
326
|
58,986
|
|
Alnylam Pharmaceuticals, Inc.(b)
|
|
357
|
108,728
|
|
argenx SE, ADR (Netherlands)(b)
|
|
98
|
56,180
|
|
BioMarin Pharmaceutical, Inc.(b)
|
|
654
|
37,978
|
|
BioNTech SE, ADR (Germany)(b)(c)
|
|
290
|
27,785
|
|
Bio-Techne Corp.
|
|
460
|
22,264
|
|
Cooper Cos., Inc. (The)(b)
|
|
1,046
|
71,421
|
|
Hologic, Inc.(b)
|
|
844
|
52,472
|
|
ICON PLC(b)
|
|
408
|
53,154
|
|
Illumina, Inc.(b)(c)
|
|
710
|
58,390
|
|
Incyte Corp.(b)
|
|
658
|
42,810
|
|
Insmed, Inc.(b)(c)
|
|
285
|
19,873
|
|
Insulet Corp.(b)(c)
|
|
271
|
88,083
|
|
Medpace Holdings, Inc.(b)(c)
|
|
144
|
42,466
|
|
Moderna, Inc.(b)(c)
|
|
1,666
|
44,249
|
|
Natera, Inc.(b)
|
|
289
|
45,584
|
|
Neurocrine Biosciences, Inc.(b)(c)
|
|
372
|
45,763
|
|
Royalty Pharma PLC, Class A
|
|
1,190
|
39,127
|
|
Sanofi S.A., ADR(c)
|
|
1,267
|
62,552
|
|
Sarepta Therapeutics, Inc.(b)
|
|
202
|
7,595
|
|
Summit Therapeutics, Inc.(b)(c)
|
|
2,053
|
37,395
|
|
United Therapeutics Corp.(b)
|
|
168
|
53,567
|
|
Vaxcyte, Inc.(b)
|
|
124
|
4,029
|
|
Viatris, Inc.
|
|
3,479
|
30,580
|
|
|
|
|
1,111,031
|
|
Industrials-10.94%
|
|||
|
AAON, Inc.
|
|
313
|
30,139
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
C.H. Robinson Worldwide, Inc.
|
|
555
|
$53,263
|
|
FTAI Aviation Ltd.
|
|
197
|
23,079
|
|
Grab Holdings Ltd., Class A (Singapore)(b)
|
|
13,609
|
66,276
|
|
J.B. Hunt Transport Services, Inc.
|
|
532
|
73,868
|
|
Lincoln Electric Holdings, Inc.
|
|
221
|
42,783
|
|
Nordson Corp.
|
|
187
|
39,642
|
|
Paylocity Holding Corp.(b)
|
|
202
|
38,562
|
|
Ryanair Holdings PLC, ADR (Italy)(c)
|
|
812
|
45,147
|
|
Saia, Inc.(b)(c)
|
|
123
|
32,522
|
|
SS&C Technologies Holdings, Inc.
|
|
927
|
74,911
|
|
Tetra Tech, Inc.
|
|
1,436
|
50,174
|
|
United Airlines Holdings, Inc.(b)
|
|
879
|
69,832
|
|
|
|
|
640,198
|
|
Information Technology-41.83%
|
|||
|
Akamai Technologies, Inc.(b)
|
|
831
|
63,098
|
|
Bentley Systems, Inc., Class B
|
|
1,347
|
64,292
|
|
Check Point Software Technologies Ltd.
(Israel)(b)
|
|
507
|
116,042
|
|
CyberArk Software Ltd.(b)
|
|
222
|
84,977
|
|
DocuSign, Inc.(b)
|
|
964
|
85,420
|
|
Entegris, Inc.(c)
|
|
633
|
43,512
|
|
F5, Inc.(b)
|
|
283
|
80,763
|
|
First Solar, Inc.(b)
|
|
503
|
79,514
|
|
Flex Ltd.(b)
|
|
2,572
|
108,796
|
|
Gen Digital, Inc.
|
|
3,242
|
92,332
|
|
Logitech International S.A., Class R (Switzerland)
|
|
971
|
80,360
|
|
Manhattan Associates, Inc.(b)
|
|
288
|
54,369
|
|
Monday.com Ltd.(b)
|
|
225
|
66,935
|
|
Monolithic Power Systems, Inc.
|
|
212
|
140,323
|
|
NetApp, Inc.
|
|
1,080
|
107,093
|
|
Nutanix, Inc., Class A(b)
|
|
1,161
|
89,037
|
|
Okta, Inc.(b)(c)
|
|
918
|
94,710
|
|
PTC, Inc.(b)(c)
|
|
536
|
90,220
|
|
Seagate Technology Holdings PLC
|
|
1,245
|
146,835
|
|
Skyworks Solutions, Inc.
|
|
529
|
36,517
|
|
Super Micro Computer, Inc.(b)(c)
|
|
2,393
|
95,768
|
|
Teradyne, Inc.
|
|
802
|
63,037
|
|
Trimble, Inc.(b)
|
|
1,548
|
110,326
|
|
VeriSign, Inc.
|
|
376
|
102,449
|
|
Western Digital Corp.(b)
|
|
2,184
|
112,585
|
|
Wix.com Ltd. (Israel)(b)
|
|
230
|
34,259
|
|
Zebra Technologies Corp., Class A(b)
|
|
320
|
92,726
|
|
Zoom Communications, Inc., Class A(b)
|
|
1,372
|
111,475
|
|
|
|
|
2,447,770
|
|
Materials-0.56%
|
|||
|
Steel Dynamics, Inc.
|
|
267
|
32,860
|
|
Real Estate-0.97%
|
|||
|
Zillow Group, Inc., Class A(b)(c)
|
|
196
|
12,969
|
|
Zillow Group, Inc., Class C(b)
|
|
656
|
44,024
|
|
|
|
|
56,993
|
|
Total Common Stocks & Other Equity Interests
(Cost $5,226,397)
|
5,843,241
|
||
|
|
Shares
|
Value
|
|
|
Money Market Funds-0.06%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(d)(e)
(Cost $3,322)
|
|
3,322
|
$3,322
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.92%
(Cost $5,229,719)
|
5,846,563
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-22.35%
|
|||
|
Invesco Private Government Fund, 4.29%(d)(e)(f)
|
|
359,467
|
359,467
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 4.45%(d)(e)(f)
|
|
948,268
|
$948,458
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $1,307,925)
|
1,307,925
|
||
|
TOTAL INVESTMENTS IN SECURITIES-122.27%
(Cost $6,537,644)
|
7,154,488
|
||
|
OTHER ASSETS LESS LIABILITIES-(22.27)%
|
(1,303,063
)
|
||
|
NET ASSETS-100.00%
|
$5,851,425
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
$3,323
|
$46,572
|
$(46,573
)
|
$-
|
$-
|
$3,322
|
$63
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
282,581
|
4,415,294
|
(4,338,408
)
|
-
|
-
|
359,467
|
12,239
*
|
|
Invesco Private Prime Fund
|
661,935
|
9,426,495
|
(9,139,796
)
|
(42
)
|
(134
)
|
948,458
|
32,589
*
|
|
Total
|
$947,839
|
$13,888,361
|
$(13,524,777
)
|
$(42
)
|
$(134
)
|
$1,311,247
|
$44,891
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.83%
|
|||
|
Communication Services-15.42%
|
|||
|
Alphabet, Inc., Class A
|
|
7,112,820
|
$1,221,555,707
|
|
Alphabet, Inc., Class C
|
|
6,703,106
|
1,158,631,872
|
|
Charter Communications, Inc.,
Class A(b)(c)
|
|
425,644
|
168,669,948
|
|
Comcast Corp., Class A
|
|
11,313,692
|
391,114,332
|
|
Electronic Arts, Inc.
|
|
781,523
|
112,367,377
|
|
Meta Platforms, Inc., Class A
|
|
2,670,367
|
1,729,035,929
|
|
Netflix, Inc.(b)
|
|
1,283,350
|
1,549,298,621
|
|
Take-Two Interactive Software, Inc.(b)(c)
|
|
529,044
|
119,712,076
|
|
T-Mobile US, Inc.
|
|
3,425,205
|
829,584,651
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
1,356,468
|
102,033,523
|
|
Warner Bros. Discovery, Inc.(b)
|
|
7,360,040
|
73,379,599
|
|
|
|
|
7,455,383,635
|
|
Consumer Discretionary-13.88%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
1,297,727
|
167,406,783
|
|
Amazon.com, Inc.(b)
|
|
12,923,184
|
2,649,381,952
|
|
Booking Holdings, Inc.
|
|
98,371
|
542,902,663
|
|
DoorDash, Inc., Class A(b)
|
|
1,183,148
|
246,863,830
|
|
lululemon athletica, inc.(b)
|
|
348,505
|
110,361,078
|
|
Marriott International, Inc., Class A
|
|
826,729
|
218,115,912
|
|
MercadoLibre, Inc. (Brazil)(b)
|
|
152,127
|
389,945,618
|
|
O’Reilly Automotive, Inc.(b)
|
|
171,841
|
234,992,568
|
|
PDD Holdings, Inc., ADR (China)(b)(c)
|
|
2,003,275
|
193,336,070
|
|
Ross Stores, Inc.
|
|
989,274
|
138,587,395
|
|
Starbucks Corp.(c)
|
|
3,407,085
|
286,024,786
|
|
Tesla, Inc.(b)
|
|
4,432,079
|
1,535,538,090
|
|
|
|
|
6,713,456,745
|
|
Consumer Staples-5.65%
|
|||
|
Coca-Cola Europacific Partners PLC
(United Kingdom)(c)
|
|
1,381,973
|
126,851,302
|
|
Costco Wholesale Corp.(c)
|
|
1,331,729
|
1,385,237,871
|
|
Keurig Dr Pepper, Inc.
|
|
4,067,846
|
136,964,375
|
|
Kraft Heinz Co. (The)
|
|
3,582,801
|
95,768,271
|
|
Mondelez International, Inc., Class A
|
|
3,879,938
|
261,857,015
|
|
Monster Beverage Corp.(b)
|
|
2,917,716
|
186,587,938
|
|
PepsiCo, Inc.
|
|
4,114,355
|
540,831,965
|
|
|
|
|
2,734,098,737
|
|
Energy-0.47%
|
|||
|
Baker Hughes Co., Class A
|
|
2,968,587
|
109,986,149
|
|
Diamondback Energy, Inc.(c)
|
|
867,684
|
116,746,882
|
|
|
|
|
226,733,031
|
|
Financials-0.43%
|
|||
|
PayPal Holdings, Inc.(b)
|
|
2,965,896
|
208,443,171
|
|
Health Care-5.11%
|
|||
|
Amgen, Inc.(c)
|
|
1,611,439
|
464,384,491
|
|
AstraZeneca PLC, ADR (United
Kingdom)
|
|
1,745,795
|
127,146,250
|
|
Biogen, Inc.(b)
|
|
438,734
|
56,943,286
|
|
DexCom, Inc.(b)
|
|
1,171,672
|
100,529,458
|
|
GE HealthCare Technologies, Inc.
|
|
1,371,187
|
96,723,531
|
|
Gilead Sciences, Inc.
|
|
3,735,681
|
411,223,764
|
|
IDEXX Laboratories, Inc.(b)
|
|
243,906
|
125,211,584
|
|
Intuitive Surgical, Inc.(b)
|
|
1,069,868
|
590,930,891
|
|
Regeneron Pharmaceuticals, Inc.
|
|
322,394
|
158,063,330
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
770,236
|
340,482,824
|
|
|
|
|
2,471,639,409
|
|
Industrials-4.77%
|
|||
|
Automatic Data Processing, Inc.
|
|
1,220,520
|
397,315,876
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Axon Enterprise, Inc.(b)
|
|
229,682
|
$172,344,186
|
|
Cintas Corp.
|
|
1,210,512
|
274,180,968
|
|
Copart, Inc.(b)(c)
|
|
2,896,511
|
149,112,386
|
|
CSX Corp.
|
|
5,680,496
|
179,446,869
|
|
Fastenal Co.(c)
|
|
3,438,622
|
142,152,633
|
|
Honeywell International, Inc.
|
|
1,949,541
|
441,902,458
|
|
Old Dominion Freight Line, Inc.(c)
|
|
637,196
|
102,059,683
|
|
PACCAR, Inc.(c)
|
|
1,573,594
|
147,681,797
|
|
Paychex, Inc.(c)
|
|
1,079,623
|
170,483,268
|
|
Verisk Analytics, Inc.
|
|
420,702
|
132,159,326
|
|
|
|
|
2,308,839,450
|
|
Information Technology-51.08%
|
|||
|
Adobe, Inc.(b)
|
|
1,304,689
|
541,563,357
|
|
Advanced Micro Devices, Inc.(b)
|
|
4,861,173
|
538,277,686
|
|
Analog Devices, Inc.
|
|
1,487,779
|
318,354,950
|
|
ANSYS, Inc.(b)
|
|
262,916
|
86,977,871
|
|
Apple, Inc.
|
|
18,318,399
|
3,679,250,439
|
|
Applied Materials, Inc.
|
|
2,437,173
|
382,026,868
|
|
AppLovin Corp., Class A(b)
|
|
927,660
|
364,570,380
|
|
ARM Holdings PLC, ADR(b)(c)
|
|
392,402
|
48,869,745
|
|
ASML Holding N.V., New York Shares
(Netherlands)
|
|
270,899
|
199,590,256
|
|
Atlassian Corp., Class A(b)
|
|
491,762
|
102,104,544
|
|
Autodesk, Inc.(b)
|
|
644,768
|
190,928,700
|
|
Broadcom, Inc.
|
|
9,453,475
|
2,288,402,693
|
|
Cadence Design Systems, Inc.(b)
|
|
822,065
|
235,990,200
|
|
CDW Corp.
|
|
397,374
|
71,670,375
|
|
Cisco Systems, Inc.
|
|
11,934,590
|
752,356,554
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
1,483,088
|
120,115,297
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
701,415
|
330,625,989
|
|
Datadog, Inc., Class A(b)
|
|
951,181
|
112,125,216
|
|
Fortinet, Inc.(b)
|
|
2,306,613
|
234,767,071
|
|
GLOBALFOUNDRIES, Inc.(b)(c)
|
|
1,656,883
|
59,316,411
|
|
Intel Corp.
|
|
12,987,647
|
253,908,499
|
|
Intuit, Inc.
|
|
838,609
|
631,866,723
|
|
KLA Corp.
|
|
398,668
|
301,743,836
|
|
Lam Research Corp.
|
|
3,850,410
|
311,074,624
|
|
Marvell Technology, Inc.
|
|
2,594,428
|
156,158,621
|
|
Microchip Technology, Inc.
|
|
1,612,392
|
93,583,232
|
|
Micron Technology, Inc.(c)
|
|
3,342,151
|
315,699,584
|
|
Microsoft Corp.
|
|
9,065,238
|
4,173,272,966
|
|
MicroStrategy, Inc., Class A(b)(c)
|
|
713,107
|
263,179,269
|
|
NVIDIA Corp.
|
|
29,754,125
|
4,020,674,911
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
760,521
|
145,358,379
|
|
ON Semiconductor Corp.(b)(c)
|
|
1,263,544
|
53,094,119
|
|
Palantir Technologies, Inc., Class A(b)
|
|
6,746,803
|
889,093,699
|
|
Palo Alto Networks, Inc.(b)(c)
|
|
1,986,212
|
382,186,913
|
|
QUALCOMM, Inc.
|
|
3,317,780
|
481,741,656
|
|
Roper Technologies, Inc.
|
|
322,043
|
183,651,462
|
|
Shopify, Inc., Class A (Canada)(b)
|
|
3,646,194
|
390,944,921
|
|
Synopsys, Inc.(b)
|
|
463,738
|
215,165,157
|
|
Texas Instruments, Inc.
|
|
2,730,795
|
499,325,866
|
|
Workday, Inc., Class A(b)
|
|
641,498
|
158,905,470
|
|
Zscaler, Inc.(b)(c)
|
|
459,932
|
126,803,252
|
|
|
|
|
24,705,317,761
|
|
Materials-1.37%
|
|||
|
Linde PLC
|
|
1,418,744
|
663,376,319
|
|
Real Estate-0.19%
|
|||
|
CoStar Group, Inc.(b)(c)
|
|
1,229,520
|
90,443,491
|
|
|
Shares
|
Value
|
|
|
Utilities-1.46%
|
|||
|
American Electric Power Co., Inc.(c)
|
|
1,598,767
|
$165,456,397
|
|
Constellation Energy Corp.
|
|
938,474
|
287,313,815
|
|
Exelon Corp.
|
|
3,013,875
|
132,068,002
|
|
Xcel Energy, Inc.(c)
|
|
1,722,568
|
120,752,017
|
|
|
|
|
705,590,231
|
|
Total Common Stocks & Other Equity Interests
(Cost $41,789,686,050)
|
48,283,321,980
|
||
|
Money Market Funds-0.09%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(d)(e)
(Cost $44,521,630)
|
|
44,521,630
|
44,521,630
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.92%
(Cost $41,834,207,680)
|
48,327,843,610
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.73%
|
|||
|
Invesco Private Government Fund,
4.29%(d)(e)(f)
|
|
96,806,829
|
$96,806,829
|
|
Invesco Private Prime Fund,
4.45%(d)(e)(f)
|
|
253,074,842
|
253,125,457
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $349,932,286)
|
349,932,286
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.65%
(Cost $42,184,139,966)
|
48,677,775,896
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.65)%
|
(312,107,869
)
|
||
|
NET ASSETS-100.00%
|
$48,365,668,027
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in
Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government
& Agency Portfolio,
Institutional Class
|
$12,149,472
|
$320,067,046
|
$(287,694,888
)
|
$-
|
$-
|
$44,521,630
|
$703,746
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
73,775,478
|
1,922,846,402
|
(1,899,815,051
)
|
-
|
-
|
96,806,829
|
3,483,703
*
|
|
Invesco Private Prime
Fund
|
199,210,478
|
4,047,490,195
|
(3,993,511,084
)
|
(13,357
)
|
(50,775
)
|
253,125,457
|
9,410,014
*
|
|
Total
|
$285,135,428
|
$6,290,403,643
|
$(6,181,021,023
)
|
$(13,357
)
|
$(50,775
)
|
$394,453,916
|
$13,597,463
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
Open Futures Contracts(a)
|
|||||
|
Long Futures Contracts
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
|
|
Equity Risk
|
|
|
|
|
|
|
CME E-Mini NASDAQ 100 Index Future
|
160
|
June-2025
|
$68,405,600
|
$7,977,690
|
$7,977,690
|
|
(a)
|
Futures contracts collateralized by $9,038,725 cash held with Morgan Stanley & Co. LLC,
the futures commission merchant.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.93%
|
|||
|
Communication Services-3.42%
|
|||
|
EchoStar Corp., Class A(b)
|
|
1,393
|
$24,698
|
|
Gogo, Inc.(b)
|
|
5,959
|
63,225
|
|
iHeartMedia, Inc., Class A(b)
|
|
24,574
|
32,192
|
|
iQIYI, Inc., ADR (China)(b)
|
|
20,911
|
33,458
|
|
JOYY, Inc., ADR (China)
|
|
930
|
44,528
|
|
Roku, Inc., Class A(b)
|
|
521
|
37,752
|
|
TrueCar, Inc.(b)
|
|
18,667
|
27,067
|
|
|
|
|
262,920
|
|
Consumer Discretionary-7.04%
|
|||
|
BRP, Inc.
|
|
1,097
|
48,268
|
|
Garrett Motion, Inc. (Switzerland)
|
|
4,515
|
47,859
|
|
Gentex Corp.
|
|
1,789
|
38,589
|
|
Gentherm, Inc.(b)
|
|
1,315
|
35,985
|
|
Goodyear Tire & Rubber Co. (The)(b)
|
|
4,603
|
52,520
|
|
GoPro, Inc., Class A(b)
|
|
58,274
|
38,636
|
|
Helen of Troy Ltd.(b)
|
|
791
|
21,270
|
|
iRobot Corp.(b)(c)
|
|
5,983
|
18,368
|
|
Johnson Outdoors, Inc., Class A
|
|
1,627
|
44,238
|
|
MasterCraft Boat Holdings, Inc.(b)
|
|
2,474
|
42,083
|
|
Newell Brands, Inc.
|
|
6,775
|
35,907
|
|
QVC Group, Inc.(b)
|
|
2,606
|
10,684
|
|
Sleep Number Corp.(b)
|
|
3,092
|
33,270
|
|
Sonos, Inc.(b)
|
|
3,290
|
33,821
|
|
Stitch Fix, Inc., Class A(b)
|
|
9,195
|
40,642
|
|
|
|
|
542,140
|
|
Energy-0.43%
|
|||
|
DMC Global, Inc.(b)
|
|
5,129
|
33,133
|
|
Health Care-44.90%
|
|||
|
10X Genomics, Inc., Class A(b)
|
|
4,069
|
38,778
|
|
Accuray, Inc.(b)
|
|
21,640
|
33,109
|
|
Aclaris Therapeutics, Inc.(b)
|
|
21,857
|
31,911
|
|
Adaptimmune Therapeutics PLC, ADR(b)
|
|
80,548
|
23,560
|
|
Adaptive Biotechnologies Corp.(b)
|
|
5,266
|
50,132
|
|
Agios Pharmaceuticals, Inc.(b)
|
|
1,224
|
39,278
|
|
Akebia Therapeutics, Inc.(b)
|
|
23,628
|
71,593
|
|
Aldeyra Therapeutics, Inc.(b)
|
|
8,512
|
18,301
|
|
Alector, Inc.(b)
|
|
26,522
|
35,274
|
|
Alphatec Holdings, Inc.(b)
|
|
3,471
|
43,145
|
|
Altimmune, Inc.(b)(c)
|
|
6,540
|
35,512
|
|
Amicus Therapeutics, Inc.(b)
|
|
4,583
|
27,819
|
|
AnaptysBio, Inc.(b)(c)
|
|
2,600
|
57,798
|
|
AngioDynamics, Inc.(b)
|
|
4,682
|
47,756
|
|
Anika Therapeutics, Inc.(b)
|
|
2,493
|
27,797
|
|
Aquestive Therapeutics, Inc.(b)
|
|
15,534
|
42,097
|
|
Arbutus Biopharma Corp.(b)
|
|
12,608
|
42,363
|
|
Ardelyx, Inc.(b)
|
|
8,115
|
29,782
|
|
Arrowhead Pharmaceuticals, Inc.(b)
|
|
2,300
|
36,961
|
|
AtriCure, Inc.(b)
|
|
1,123
|
38,822
|
|
Autolus Therapeutics PLC, ADR (United
Kingdom)(b)
|
|
25,142
|
43,998
|
|
Axogen, Inc.(b)
|
|
2,174
|
23,675
|
|
Azenta, Inc.(b)
|
|
997
|
26,640
|
|
Bicycle Therapeutics PLC, ADR (United
Kingdom)(b)
|
|
3,965
|
32,592
|
|
BioCryst Pharmaceuticals, Inc.(b)
|
|
5,052
|
54,309
|
|
Bruker Corp.
|
|
929
|
34,094
|
|
Cartesian Therapeutics, Inc., Rts., expiring
12/31/2050(b)(d)
|
|
27,325
|
3,728
|
|
Cerus Corp.(b)
|
|
26,362
|
33,480
|
|
ChromaDex Corp.(b)
|
|
7,747
|
83,823
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
ClearPoint Neuro, Inc.(b)
|
|
2,996
|
$35,383
|
|
Codexis, Inc.(b)
|
|
14,308
|
32,908
|
|
Coherus BioSciences, Inc.(b)(c)
|
|
39,481
|
30,756
|
|
CryoPort, Inc.(b)
|
|
7,809
|
46,932
|
|
DENTSPLY SIRONA, Inc.
|
|
2,628
|
41,995
|
|
Editas Medicine, Inc.(b)
|
|
22,654
|
38,965
|
|
Enanta Pharmaceuticals, Inc.(b)
|
|
5,591
|
33,155
|
|
Fate Therapeutics, Inc.(b)
|
|
38,836
|
46,992
|
|
Guardant Health, Inc.(b)
|
|
1,029
|
41,798
|
|
Heron Therapeutics, Inc.(b)
|
|
17,609
|
33,105
|
|
ICU Medical, Inc.(b)
|
|
297
|
40,053
|
|
IGM Biosciences, Inc.(b)(c)
|
|
31,982
|
40,617
|
|
Immunic, Inc.(b)(c)
|
|
36,551
|
24,120
|
|
Innoviva, Inc.(b)
|
|
2,427
|
47,496
|
|
Inogen, Inc.(b)
|
|
5,221
|
33,545
|
|
Integra LifeSciences Holdings Corp.(b)
|
|
1,874
|
23,725
|
|
Ionis Pharmaceuticals, Inc.(b)
|
|
1,311
|
43,932
|
|
Ironwood Pharmaceuticals, Inc.(b)
|
|
27,016
|
16,185
|
|
KalVista Pharmaceuticals, Inc.(b)
|
|
3,817
|
45,041
|
|
Kodiak Sciences, Inc.(b)
|
|
10,583
|
35,982
|
|
Lexicon Pharmaceuticals, Inc.(b)(c)
|
|
62,181
|
38,963
|
|
Ligand Pharmaceuticals, Inc.(b)(c)
|
|
356
|
36,380
|
|
LivaNova PLC(b)
|
|
1,051
|
45,456
|
|
MacroGenics, Inc.(b)
|
|
17,682
|
24,048
|
|
MannKind Corp.(b)
|
|
8,146
|
33,806
|
|
Masimo Corp.(b)
|
|
230
|
37,375
|
|
MaxCyte, Inc.(b)
|
|
13,023
|
30,995
|
|
MeiraGTx Holdings PLC(b)
|
|
6,101
|
31,237
|
|
Merit Medical Systems, Inc.(b)
|
|
426
|
40,483
|
|
Mersana Therapeutics, Inc.(b)
|
|
83,103
|
28,563
|
|
MiMedx Group, Inc.(b)
|
|
5,198
|
33,423
|
|
Nektar Therapeutics(b)
|
|
51,781
|
37,515
|
|
Ocugen, Inc.(b)(c)
|
|
66,743
|
55,804
|
|
Omeros Corp.(b)(c)
|
|
5,172
|
15,981
|
|
OmniAb Operations, Inc., Rts., expiring
11/02/2027(b)(d)
|
|
83
|
0
|
|
OmniAb Operations, Inc., Rts., expiring
11/02/2027(b)(d)
|
|
83
|
0
|
|
Omnicell, Inc.(b)
|
|
1,143
|
34,713
|
|
OPKO Health, Inc.(b)
|
|
24,997
|
33,996
|
|
OraSure Technologies, Inc.(b)
|
|
12,495
|
35,986
|
|
Orthofix Medical, Inc.(b)
|
|
2,502
|
28,148
|
|
Pacific Biosciences of California, Inc.(b)(c)
|
|
29,997
|
28,908
|
|
Pacira BioSciences, Inc.(b)
|
|
1,809
|
46,745
|
|
Personalis, Inc.(b)
|
|
10,506
|
48,643
|
|
Pro-Dex, Inc.(b)(c)
|
|
1,253
|
50,176
|
|
ProQR Therapeutics N.V. (Netherlands)(b)
|
|
18,667
|
30,987
|
|
Prothena Corp. PLC (Ireland)(b)
|
|
2,751
|
12,627
|
|
PTC Therapeutics, Inc.(b)
|
|
788
|
38,234
|
|
Quanterix Corp.(b)
|
|
5,731
|
29,801
|
|
Sage Therapeutics, Inc.(b)
|
|
5,958
|
38,489
|
|
Sangamo Therapeutics, Inc.(b)(c)
|
|
42,643
|
19,829
|
|
Scilex Holding Co., Class C (Singapore)(b)(c)
|
|
72
|
369
|
|
scPharmaceuticals, Inc.(b)(c)
|
|
13,338
|
48,550
|
|
Seres Therapeutics, Inc.(b)(c)
|
|
2,865
|
20,196
|
|
SI-BONE, Inc.(b)
|
|
2,415
|
45,643
|
|
SIGA Technologies, Inc.
|
|
8,793
|
52,582
|
|
Standard BioTools, Inc.(b)
|
|
40,841
|
41,249
|
|
Supernus Pharmaceuticals, Inc.(b)
|
|
1,356
|
42,985
|
|
Surmodics, Inc.(b)
|
|
1,323
|
38,393
|
|
Sutro Biopharma, Inc.(b)
|
|
27,356
|
24,557
|
|
Tactile Systems Technology, Inc.(b)
|
|
3,044
|
30,075
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Theravance Biopharma, Inc.(b)
|
|
4,652
|
$42,612
|
|
uniQure N.V. (Netherlands)(b)
|
|
3,307
|
47,852
|
|
Vanda Pharmaceuticals, Inc.(b)
|
|
9,149
|
39,707
|
|
Varex Imaging Corp.(b)
|
|
3,383
|
25,948
|
|
Vaxart, Inc.(b)
|
|
85,403
|
36,988
|
|
Verrica Pharmaceuticals, Inc.(b)(c)
|
|
67,010
|
33,143
|
|
Vir Biotechnology, Inc.(b)
|
|
5,184
|
25,609
|
|
Voyager Therapeutics, Inc.(b)
|
|
10,661
|
29,211
|
|
Xencor, Inc.(b)
|
|
2,831
|
22,648
|
|
|
|
|
3,456,440
|
|
Industrials-9.28%
|
|||
|
AeroVironment, Inc.(b)
|
|
291
|
51,807
|
|
Allient, Inc.
|
|
1,749
|
53,169
|
|
American Superconductor Corp.(b)
|
|
1,915
|
54,118
|
|
Ballard Power Systems, Inc. (Canada)(b)(c)
|
|
35,362
|
45,617
|
|
Conduent, Inc.(b)
|
|
12,287
|
27,523
|
|
Energy Recovery, Inc.(b)
|
|
2,908
|
36,670
|
|
Interface, Inc.
|
|
2,150
|
43,193
|
|
LSI Industries, Inc.
|
|
2,369
|
38,544
|
|
Lyft, Inc., Class A(b)
|
|
3,261
|
49,698
|
|
Matthews International Corp., Class A
|
|
1,746
|
37,452
|
|
Microvast Holdings, Inc.(b)
|
|
26,802
|
96,219
|
|
MillerKnoll, Inc.
|
|
2,023
|
34,128
|
|
Omega Flex, Inc.
|
|
1,221
|
39,951
|
|
Stratasys Ltd.(b)
|
|
4,115
|
42,508
|
|
TTEC Holdings, Inc.(b)
|
|
12,924
|
63,457
|
|
|
|
|
714,054
|
|
Information Technology-33.86%
|
|||
|
8x8, Inc.(b)
|
|
17,399
|
28,534
|
|
Advanced Energy Industries, Inc.
|
|
378
|
43,387
|
|
Aehr Test Systems(b)(c)
|
|
4,512
|
43,045
|
|
Allegro MicroSystems, Inc. (Japan)(b)
|
|
1,951
|
49,458
|
|
Alpha & Omega Semiconductor Ltd.(b)
|
|
1,437
|
30,493
|
|
Amkor Technology, Inc.
|
|
2,061
|
37,139
|
|
Applied Optoelectronics, Inc.(b)
|
|
1,990
|
30,686
|
|
Atomera, Inc.(b)(c)
|
|
7,447
|
45,799
|
|
AudioEye, Inc.(b)
|
|
3,343
|
40,852
|
|
Aviat Networks, Inc.(b)
|
|
2,078
|
44,573
|
|
Axcelis Technologies, Inc.(b)
|
|
794
|
44,734
|
|
Bel Fuse, Inc., Class B
|
|
518
|
38,228
|
|
Canadian Solar, Inc. (Canada)(b)(c)
|
|
4,328
|
45,574
|
|
Cirrus Logic, Inc.(b)
|
|
417
|
41,016
|
|
Cognex Corp.
|
|
1,326
|
39,740
|
|
Cohu, Inc.(b)
|
|
2,212
|
37,759
|
|
CommScope Holding Co., Inc.(b)
|
|
6,850
|
41,374
|
|
Commvault Systems, Inc.(b)
|
|
255
|
46,703
|
|
Digimarc Corp.(b)
|
|
2,660
|
34,793
|
|
Diodes, Inc.(b)
|
|
881
|
39,117
|
|
Dropbox, Inc., Class A(b)
|
|
1,674
|
48,312
|
|
Extreme Networks, Inc.(b)
|
|
2,815
|
44,111
|
|
FARO Technologies, Inc.(b)
|
|
1,368
|
57,962
|
|
Himax Technologies, Inc., ADR (Taiwan)
|
|
4,315
|
35,167
|
|
Immersion Corp.
|
|
5,410
|
40,683
|
|
InterDigital, Inc.
|
|
203
|
44,104
|
|
IPG Photonics Corp.(b)
|
|
747
|
49,496
|
|
Itron, Inc.(b)
|
|
402
|
46,471
|
|
Kulicke & Soffa Industries, Inc. (Singapore)
|
|
1,137
|
36,555
|
|
Lantronix, Inc.(b)
|
|
16,991
|
37,210
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Lattice Semiconductor Corp.(b)
|
|
698
|
$31,368
|
|
Littelfuse, Inc.
|
|
188
|
38,551
|
|
Lumentum Holdings, Inc.(b)
|
|
618
|
44,669
|
|
Materialise N.V., ADR (Belgium)(b)
|
|
8,269
|
44,570
|
|
MaxLinear, Inc.(b)
|
|
2,977
|
33,908
|
|
MicroVision, Inc.(b)(c)
|
|
29,997
|
32,997
|
|
Mitek Systems, Inc.(b)
|
|
4,642
|
43,588
|
|
MKS Instruments, Inc.
|
|
474
|
38,958
|
|
Neonode, Inc.(b)(c)
|
|
5,023
|
51,335
|
|
NETGEAR, Inc.(b)
|
|
1,654
|
48,512
|
|
nLight, Inc.(b)
|
|
4,766
|
72,110
|
|
Open Text Corp. (Canada)
|
|
1,685
|
47,702
|
|
OSI Systems, Inc.(b)
|
|
211
|
46,232
|
|
Penguin Solutions, Inc.(b)
|
|
2,182
|
38,752
|
|
Power Integrations, Inc.
|
|
715
|
35,557
|
|
Qorvo, Inc.(b)
|
|
599
|
45,536
|
|
Radware Ltd. (Israel)(b)
|
|
2,016
|
47,013
|
|
Rambus, Inc.(b)
|
|
778
|
41,600
|
|
Ribbon Communications, Inc.(b)
|
|
9,215
|
31,147
|
|
Semtech Corp.(b)
|
|
1,146
|
42,780
|
|
Silicon Laboratories, Inc.(b)
|
|
310
|
37,364
|
|
Silicon Motion Technology Corp., ADR (Taiwan)
|
|
775
|
47,430
|
|
SolarEdge Technologies, Inc.(b)(c)
|
|
2,637
|
47,097
|
|
SoundHound AI, Inc., Class A(b)(c)
|
|
4,020
|
40,642
|
|
Synaptics, Inc.(b)
|
|
658
|
38,664
|
|
Turtle Beach Corp.(b)
|
|
2,537
|
29,125
|
|
Universal Display Corp.
|
|
283
|
40,568
|
|
Veeco Instruments, Inc.(b)
|
|
1,956
|
37,770
|
|
Verint Systems, Inc.(b)
|
|
1,927
|
33,800
|
|
Viasat, Inc.(b)
|
|
5,003
|
43,676
|
|
Viavi Solutions, Inc.(b)
|
|
3,891
|
35,447
|
|
Vuzix Corp.(b)(c)
|
|
14,694
|
42,907
|
|
Xerox Holdings Corp.
|
|
6,560
|
32,078
|
|
|
|
|
2,606,528
|
|
Materials-1.00%
|
|||
|
Arq, Inc.(b)
|
|
8,332
|
41,160
|
|
Innospec, Inc.
|
|
420
|
35,734
|
|
|
|
|
76,894
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.93%
(Cost $9,149,984)
|
7,692,109
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-9.82%
|
|||
|
Invesco Private Government Fund, 4.29%(e)(f)(g)
|
|
209,627
|
209,627
|
|
Invesco Private Prime Fund, 4.45%(e)(f)(g)
|
|
545,920
|
546,029
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $755,656)
|
755,656
|
||
|
TOTAL INVESTMENTS IN SECURITIES-109.75%
(Cost $9,905,640)
|
8,447,765
|
||
|
OTHER ASSETS LESS LIABILITIES-(9.75)%
|
(750,434
)
|
||
|
NET ASSETS-100.00%
|
$7,697,331
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Rts.
|
-Rights
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$-
|
$220,951
|
$(220,951
)
|
$-
|
$-
|
$-
|
$105
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
342,395
|
2,871,986
|
(3,004,754
)
|
-
|
-
|
209,627
|
10,034
*
|
|
Invesco Private Prime Fund
|
863,306
|
4,939,318
|
(5,256,448
)
|
(46
)
|
(101
)
|
546,029
|
26,676
*
|
|
Total
|
$1,205,701
|
$8,032,255
|
$(8,482,153
)
|
$(46
)
|
$(101
)
|
$755,656
|
$36,815
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.87%(a)
|
|||
|
Communication Services-6.83%
|
|||
|
Baidu, Inc., ADR (China)(b)(c)
|
|
53,618
|
$4,391,314
|
|
Fox Corp., Class A
|
|
82,190
|
4,515,518
|
|
Fox Corp., Class B
|
|
89,014
|
4,475,624
|
|
Liberty Broadband Corp., Class A(b)
|
|
6,844
|
635,808
|
|
Liberty Broadband Corp., Class C(b)(c)
|
|
46,411
|
4,353,352
|
|
Liberty Media Corp.-Liberty Formula
One(b)
|
|
84,204
|
8,128,212
|
|
Liberty Media Corp.-Liberty Formula
One(b)(c)
|
|
9,186
|
809,470
|
|
Liberty Media Corp.-Liberty Live(b)
|
|
9,652
|
693,593
|
|
Liberty Media Corp.-Liberty Live,
Series C(b)
|
|
24,060
|
1,755,177
|
|
NetEase, Inc., ADR (China)
|
|
39,521
|
4,812,077
|
|
News Corp., Class A
|
|
142,730
|
4,030,695
|
|
News Corp., Class B(c)
|
|
71,407
|
2,336,437
|
|
|
|
|
40,937,277
|
|
Consumer Discretionary-13.74%
|
|||
|
DraftKings, Inc., Class A(b)
|
|
184,843
|
6,632,167
|
|
Duolingo, Inc.(b)
|
|
14,747
|
7,662,689
|
|
eBay, Inc.
|
|
175,965
|
12,875,359
|
|
Expedia Group, Inc.
|
|
46,601
|
7,770,717
|
|
JD.com, Inc., ADR (China)
|
|
180,690
|
5,856,163
|
|
Pool Corp.(c)
|
|
14,212
|
4,271,985
|
|
Rivian Automotive, Inc., Class A(b)(c)
|
|
423,619
|
6,155,184
|
|
Texas Roadhouse, Inc.
|
|
25,116
|
4,902,894
|
|
Tractor Supply Co.(c)
|
|
200,848
|
9,721,043
|
|
Trip.com Group Ltd., ADR (China)(c)
|
|
132,616
|
8,308,392
|
|
Ulta Beauty, Inc.(b)
|
|
17,522
|
8,260,922
|
|
|
|
|
82,417,515
|
|
Consumer Staples-5.45%
|
|||
|
Casey’s General Stores, Inc.
|
|
14,023
|
6,138,708
|
|
Dollar Tree, Inc.(b)
|
|
81,182
|
7,327,487
|
|
Maplebear, Inc.(b)
|
|
99,846
|
4,559,967
|
|
Pilgrim’s Pride Corp.
|
|
89,530
|
4,401,295
|
|
Sprouts Farmers Market, Inc.(b)
|
|
37,195
|
6,429,528
|
|
The Campbell’s Company(c)
|
|
112,141
|
3,817,280
|
|
|
|
|
32,674,265
|
|
Energy-1.70%
|
|||
|
Expand Energy Corp.
|
|
87,928
|
10,211,079
|
|
Financials-1.74%
|
|||
|
Affirm Holdings, Inc.(b)(c)
|
|
104,621
|
5,429,830
|
|
Jack Henry & Associates, Inc.
|
|
27,488
|
4,980,001
|
|
|
|
|
10,409,831
|
|
Health Care-20.51%
|
|||
|
Align Technology, Inc.(b)(c)
|
|
27,778
|
5,026,151
|
|
Alnylam Pharmaceuticals, Inc.(b)
|
|
48,884
|
14,888,111
|
|
argenx SE, ADR (Netherlands)(b)
|
|
12,087
|
6,928,994
|
|
BioMarin Pharmaceutical, Inc.(b)(c)
|
|
72,139
|
4,189,112
|
|
BioNTech SE, ADR (Germany)(b)(c)
|
|
37,544
|
3,597,091
|
|
Bio-Techne Corp.
|
|
59,815
|
2,895,046
|
|
Cooper Cos., Inc. (The)(b)
|
|
75,415
|
5,149,336
|
|
Hologic, Inc.(b)
|
|
84,673
|
5,264,120
|
|
ICON PLC(b)
|
|
30,444
|
3,966,244
|
|
Illumina, Inc.(b)(c)
|
|
59,700
|
4,909,728
|
|
Incyte Corp.(b)
|
|
73,031
|
4,751,397
|
|
Insmed, Inc.(b)(c)
|
|
68,282
|
4,761,304
|
|
Insulet Corp.(b)
|
|
26,530
|
8,623,046
|
|
Medpace Holdings, Inc.(b)(c)
|
|
11,488
|
3,387,811
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Moderna, Inc.(b)(c)
|
|
145,661
|
$3,868,756
|
|
Natera, Inc.(b)
|
|
51,007
|
8,045,334
|
|
Neurocrine Biosciences, Inc.(b)(c)
|
|
37,629
|
4,629,120
|
|
Royalty Pharma PLC, Class A(c)
|
|
163,461
|
5,374,598
|
|
Sanofi S.A., ADR(c)
|
|
108,426
|
5,352,992
|
|
Sarepta Therapeutics, Inc.(b)(c)
|
|
36,592
|
1,375,859
|
|
Summit Therapeutics, Inc.(b)(c)
|
|
278,574
|
5,074,225
|
|
United Therapeutics Corp.(b)
|
|
16,966
|
5,409,609
|
|
Vaxcyte, Inc.(b)(c)
|
|
48,570
|
1,578,039
|
|
Viatris, Inc.
|
|
451,048
|
3,964,712
|
|
|
|
|
123,010,735
|
|
Industrials-12.84%
|
|||
|
AAON, Inc.(c)
|
|
30,770
|
2,962,843
|
|
C.H. Robinson Worldwide, Inc.
|
|
44,779
|
4,297,441
|
|
Elbit Systems Ltd. (Israel)(c)
|
|
16,801
|
6,881,774
|
|
FTAI Aviation Ltd.
|
|
38,747
|
4,539,211
|
|
Grab Holdings Ltd., Class A (Singapore)(b)
|
|
1,476,070
|
7,188,461
|
|
J.B. Hunt Transport Services, Inc.
|
|
37,747
|
5,241,171
|
|
Lincoln Electric Holdings, Inc.
|
|
21,175
|
4,099,268
|
|
Nordson Corp.
|
|
21,541
|
4,566,477
|
|
Paylocity Holding Corp.(b)
|
|
21,093
|
4,026,654
|
|
Ryanair Holdings PLC, ADR (Italy)(c)
|
|
86,129
|
4,788,772
|
|
Saia, Inc.(b)(c)
|
|
10,030
|
2,652,032
|
|
SS&C Technologies Holdings, Inc.
|
|
93,520
|
7,557,351
|
|
Tetra Tech, Inc.
|
|
101,108
|
3,532,713
|
|
United Airlines Holdings, Inc.(b)
|
|
123,615
|
9,820,594
|
|
Woodward, Inc.
|
|
22,434
|
4,853,147
|
|
|
|
|
77,007,909
|
|
Information Technology-32.24%
|
|||
|
Akamai Technologies, Inc.(b)(c)
|
|
56,762
|
4,309,939
|
|
Astera Labs, Inc.(b)
|
|
61,193
|
5,551,429
|
|
Bentley Systems, Inc., Class B
|
|
110,050
|
5,252,686
|
|
Check Point Software Technologies Ltd.
(Israel)(b)
|
|
41,565
|
9,513,397
|
|
CyberArk Software Ltd.(b)
|
|
18,619
|
7,126,981
|
|
DocuSign, Inc.(b)
|
|
76,337
|
6,764,222
|
|
Entegris, Inc.(c)
|
|
57,075
|
3,923,336
|
|
F5, Inc.(b)
|
|
21,758
|
6,209,298
|
|
First Solar, Inc.(b)(c)
|
|
40,413
|
6,388,487
|
|
Flex Ltd.(b)
|
|
144,531
|
6,113,661
|
|
Gen Digital, Inc.(c)
|
|
232,721
|
6,627,894
|
|
Logitech International S.A., Class R
(Switzerland)
|
|
56,277
|
4,657,485
|
|
Manhattan Associates, Inc.(b)
|
|
23,072
|
4,355,532
|
|
Monday.com Ltd.(b)
|
|
18,811
|
5,596,084
|
|
Monolithic Power Systems, Inc.(c)
|
|
18,438
|
12,204,112
|
|
NetApp, Inc.
|
|
76,894
|
7,624,809
|
|
Nutanix, Inc., Class A(b)
|
|
101,235
|
7,763,712
|
|
Okta, Inc.(b)(c)
|
|
61,815
|
6,377,455
|
|
PTC, Inc.(b)(c)
|
|
45,407
|
7,642,906
|
|
Sandisk Corp.(b)(c)
|
|
54,851
|
2,067,334
|
|
Seagate Technology Holdings PLC
|
|
79,915
|
9,425,175
|
|
Skyworks Solutions, Inc.
|
|
60,644
|
4,186,255
|
|
Super Micro Computer, Inc.(b)(c)
|
|
224,253
|
8,974,605
|
|
Teradyne, Inc.
|
|
61,076
|
4,800,574
|
|
Trimble, Inc.(b)
|
|
92,755
|
6,610,649
|
|
VeriSign, Inc.
|
|
35,749
|
9,740,530
|
|
Western Digital Corp.(b)(c)
|
|
131,232
|
6,765,010
|
|
Wix.com Ltd. (Israel)(b)
|
|
20,683
|
3,080,733
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Zebra Technologies Corp., Class A(b)
|
|
19,424
|
$5,628,492
|
|
Zoom Communications, Inc., Class A(b)
|
|
99,282
|
8,066,662
|
|
|
|
|
193,349,444
|
|
Materials-1.16%
|
|||
|
Steel Dynamics, Inc.
|
|
56,652
|
6,972,162
|
|
Real Estate-0.99%
|
|||
|
Zillow Group, Inc., Class A(b)(c)
|
|
20,544
|
1,359,397
|
|
Zillow Group, Inc., Class C(b)
|
|
68,673
|
4,608,645
|
|
|
|
|
5,968,042
|
|
Utilities-2.67%
|
|||
|
Alliant Energy Corp.
|
|
96,913
|
6,030,896
|
|
Evergy, Inc.
|
|
86,872
|
5,769,170
|
|
Talen Energy Corp.(b)(c)
|
|
17,333
|
4,228,385
|
|
|
|
|
16,028,451
|
|
Total Common Stocks & Other Equity Interests
(Cost $561,593,634)
|
598,986,710
|
||
|
Money Market Funds-0.01%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(d)(e)
(Cost $67,232)
|
|
67,232
|
67,232
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.88%
(Cost $561,660,866)
|
599,053,942
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-22.28%
|
|||
|
Invesco Private Government Fund,
4.29%(d)(e)(f)
|
|
33,150,210
|
$33,150,210
|
|
Invesco Private Prime Fund, 4.45%(d)(e)(f)
|
|
100,415,600
|
100,435,683
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $133,585,893)
|
133,585,893
|
||
|
TOTAL INVESTMENTS IN SECURITIES-122.16%
(Cost $695,246,759)
|
732,639,835
|
||
|
OTHER ASSETS LESS LIABILITIES-(22.16)%
|
(132,888,843
)
|
||
|
NET ASSETS-100.00%
|
$599,750,992
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$122,819
|
$6,595,548
|
$(6,651,135
)
|
$-
|
$-
|
$67,232
|
$5,897
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
29,413,897
|
280,541,677
|
(276,805,364
)
|
-
|
-
|
33,150,210
|
1,041,198
*
|
|
Invesco Private Prime
Fund
|
68,121,348
|
571,286,000
|
(538,959,437
)
|
(4,280
)
|
(7,948
)
|
100,435,683
|
2,737,486
*
|
|
Total
|
$97,658,064
|
$858,423,225
|
$(822,415,936
)
|
$(4,280
)
|
$(7,948
)
|
$133,653,125
|
$3,784,581
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.80%
|
|||
|
Communication Services-3.36%
|
|||
|
T-Mobile US, Inc.
|
|
386
|
$93,489
|
|
Consumer Discretionary-10.85%
|
|||
|
Marriott International, Inc., Class A
|
|
353
|
93,132
|
|
O’Reilly Automotive, Inc.(b)
|
|
81
|
110,768
|
|
Ross Stores, Inc.
|
|
702
|
98,343
|
|
|
|
|
302,243
|
|
Consumer Staples-24.00%
|
|||
|
Coca-Cola Europacific Partners PLC (United
Kingdom)
|
|
1,477
|
135,574
|
|
Costco Wholesale Corp.
|
|
101
|
105,058
|
|
Keurig Dr Pepper, Inc.
|
|
3,495
|
117,677
|
|
Kraft Heinz Co. (The)
|
|
3,419
|
91,390
|
|
Mondelez International, Inc., Class A
|
|
1,747
|
117,905
|
|
PepsiCo, Inc.
|
|
768
|
100,953
|
|
|
|
|
668,557
|
|
Health Care-3.65%
|
|||
|
AstraZeneca PLC, ADR (United Kingdom)
|
|
1,395
|
101,598
|
|
Industrials-24.92%
|
|||
|
Automatic Data Processing, Inc.
|
|
437
|
142,256
|
|
CSX Corp.
|
|
3,002
|
94,833
|
|
Fastenal Co.
|
|
2,526
|
104,425
|
|
Honeywell International, Inc.
|
|
528
|
119,682
|
|
Paychex, Inc.
|
|
737
|
116,380
|
|
Verisk Analytics, Inc.
|
|
371
|
116,546
|
|
|
|
|
694,122
|
|
Information Technology-15.96%
|
|||
|
Cisco Systems, Inc.
|
|
1,808
|
113,976
|
|
Cognizant Technology Solutions Corp., Class A
|
|
1,250
|
101,238
|
|
Microsoft Corp.
|
|
254
|
116,931
|
|
Roper Technologies, Inc.
|
|
197
|
112,343
|
|
|
|
|
444,488
|
|
|
Shares
|
Value
|
|
|
Materials-5.24%
|
|||
|
Linde PLC
|
|
312
|
$145,885
|
|
Utilities-11.82%
|
|||
|
American Electric Power Co., Inc.(c)
|
|
1,126
|
116,530
|
|
Exelon Corp.
|
|
2,721
|
119,234
|
|
Xcel Energy, Inc.
|
|
1,335
|
93,584
|
|
|
|
|
329,348
|
|
Total Common Stocks & Other Equity Interests
(Cost $2,714,405)
|
2,779,730
|
||
|
Money Market Funds-0.05%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(d)(e)
(Cost $1,214)
|
|
1,214
|
1,214
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.85%
(Cost $2,715,619)
|
2,780,944
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-4.18%
|
|||
|
Invesco Private Government Fund, 4.29%(d)(e)(f)
|
|
32,628
|
32,628
|
|
Invesco Private Prime Fund, 4.45%(d)(e)(f)
|
|
83,880
|
83,897
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $116,525)
|
116,525
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.03%
(Cost $2,832,144)
|
2,897,469
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.03)%
|
(112,152
)
|
||
|
NET ASSETS-100.00%
|
$2,785,317
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the period ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$-
|
$18,164
|
$(16,950
)
|
$-
|
$-
|
$1,214
|
$21
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
$-
|
$665,763
|
$(633,135
)
|
$-
|
$-
|
$32,628
|
$228
*
|
|
Invesco Private Prime Fund
|
-
|
1,052,623
|
(968,713
)
|
-
|
(13
)
|
83,897
|
504
*
|
|
Total
|
$-
|
$1,736,550
|
$(1,618,798
)
|
$-
|
$(13
)
|
$117,739
|
$753
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco ESG NASDAQ 100 ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$81,229,548
|
$-
|
$-
|
$81,229,548
|
|
Money Market Funds
|
76,231
|
852,574
|
-
|
928,805
|
|
Total Investments
|
$81,305,779
|
$852,574
|
$-
|
$82,158,353
|
|
Invesco ESG NASDAQ Next Gen 100 ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$5,843,241
|
$-
|
$-
|
$5,843,241
|
|
Money Market Funds
|
3,322
|
1,307,925
|
-
|
1,311,247
|
|
Total Investments
|
$5,846,563
|
$1,307,925
|
$-
|
$7,154,488
|
|
Invesco NASDAQ 100 ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$48,283,321,980
|
$-
|
$-
|
$48,283,321,980
|
|
Money Market Funds
|
44,521,630
|
349,932,286
|
-
|
394,453,916
|
|
Total Investments in Securities
|
48,327,843,610
|
358,971,011
|
-
|
48,677,775,896
|
|
Other Investments - Assets(a)
|
|
|
|
|
|
Futures Contracts
|
7,977,690
|
-
|
-
|
7,977,690
|
|
Total Investments
|
$48,335,821,300
|
$349,932,286
|
$-
|
$48,685,753,586
|
|
Invesco NASDAQ Future Gen 200 ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$7,688,381
|
$-
|
$3,728
|
$7,692,109
|
|
Money Market Funds
|
-
|
755,656
|
-
|
755,656
|
|
Total Investments
|
$7,688,381
|
$755,656
|
$3,728
|
$8,447,765
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco NASDAQ Next Gen 100 ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$598,986,710
|
$-
|
$-
|
$598,986,710
|
|
Money Market Funds
|
67,232
|
133,585,893
|
-
|
133,653,125
|
|
Total Investments
|
$599,053,942
|
$133,585,893
|
$-
|
$732,639,835
|
|
Invesco QQQ Low Volatility ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$2,779,730
|
$-
|
$-
|
$2,779,730
|
|
Money Market Funds
|
1,214
|
116,525
|
-
|
117,739
|
|
Total Investments
|
$2,780,944
|
$116,525
|
$-
|
$2,897,469
|
|
(a)
|
Unrealized appreciation (depreciation).
|