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Systematic Value Fund

Filed by VALIC Co I. What this fund reported holding in its latest quarterly NPORT-P. Positions are ordered by share of the fund rather than by size, because that is what separates a conviction from a rounding error.

Positions
139
matched to a ticker
Fund size
$680.1M
the filing's own figure
Matched value
$609.9M
of the positions below
As of
2026-08-31
S000008346

What it holds

Largest share of the fund first.

Company% of fundValue
AMZNAmazon.com Inc6.01%$40.8M
AAPLApple Inc5.37%$36.4M
MSFTMicrosoft Corp4.96%$33.6M
JPMJPMorgan Chase & Co3.36%$22.8M
BRK.BBerkshire Hathaway Inc3.11%$21.1M
JNJJohnson & Johnson2.51%$17M
PMPhilip Morris International Inc1.49%$10.1M
XOMExxonmobil Holdings Corp1.46%$9.9M
ABBVAbbVie Inc1.37%$9.3M
CSCOCisco Systems Inc1.33%$9M
ADIAnalog Devices Inc1.28%$8.7M
VLOValero Energy Corp1.25%$8.5M
WMTWalmart Inc1.18%$8M
AMGNAmgen Inc1.12%$7.6M
SPGIS&P Global Inc1.10%$7.5M
VZVerizon Communications Inc1.10%$7.5M
ORealty Income Corp1.04%$7.1M
SSNCSS&C Technologies Holdings Inc1.03%$7M
OMCOmnicom Group Inc1.01%$6.8M
CVXChevron Corp0.94%$6.4M
UNHUnitedHealth Group Inc0.93%$6.3M
TROWT Rowe Price Group Inc0.91%$6.2M
DISWalt Disney Co0.91%$6.2M
INTCIntel Corp0.90%$6.1M
BACBank of America Corp0.89%$6M
ROPRoper Technologies Inc0.88%$6M
ADBEAdobe Inc0.87%$5.9M
PEPPepsiCo Inc0.86%$5.8M
MCKMcKesson Corp0.83%$5.6M
NEMNewmont Corporation0.79%$5.4M
MRKMerck & Co Inc0.79%$5.4M
WFCWells Fargo & Co0.79%$5.3M
DELLDell Technologies Inc0.77%$5.2M
ADCAgree Realty Corp0.76%$5.2M
MCDMcDonald's Corp0.76%$5.2M
STAGSTAG Industrial Inc0.76%$5.1M
PPGPPG Industries Inc0.74%$5M
BLKBlackRock Inc0.73%$4.9M
PGProcter & Gamble Co0.70%$4.8M
GDGeneral Dynamics Corp0.70%$4.7M
STTState Street Corp0.66%$4.5M
RMDResmed Inc0.64%$4.3M
METAMeta Platforms Inc0.63%$4.3M
MPCMarathon Petroleum Corp0.63%$4.3M
WABWestinghouse Air Brake Technologies Corp0.63%$4.3M
IBMInternational Business Machines Corp0.63%$4.3M
DOVDover Corp0.63%$4.3M
CNMCore & Main Inc0.62%$4.2M
AFLAflac Inc0.61%$4.2M
MOAltria Group Inc0.61%$4.1M
NOCNorthrop Grumman Corp0.56%$3.8M
MRNAModerna Inc0.56%$3.8M
KDPKeurig Dr Pepper Inc0.56%$3.8M
GSGoldman Sachs Group Inc0.55%$3.7M
REGNRegeneron Pharmaceuticals Inc0.55%$3.7M
HPEHewlett Packard Enterprise Co0.54%$3.7M
BSXBoston Scientific Corp0.54%$3.7M
CAHCardinal Health Inc0.54%$3.7M
GENGen Digital Inc0.51%$3.5M
NTRSNorthern Trust Corp0.50%$3.4M
KIMKimco Realty Corp0.50%$3.4M
SNASnap-On Inc0.48%$3.3M
COSTCostco Wholesale Corp0.48%$3.3M
CTSHCognizant Technology Solutions Corp0.46%$3.1M
AJGArthur J. Gallagher & Co.0.46%$3.1M
IWDiShares Russell 1000 Value ETF0.45%$3.1M
GPNGlobal Payments Inc0.45%$3M
AIZAssurant Inc0.44%$3M
EWBCEast West Bancorp Inc0.43%$2.9M
AMGAffiliated Managers Group, Inc.0.43%$2.9M
CHRWCH Robinson Worldwide Inc0.43%$2.9M
GMGeneral Motors Co0.41%$2.8M
OVVOvintiv Inc0.41%$2.8M
MSMorgan Stanley0.39%$2.7M
GILDGilead Sciences, Inc0.39%$2.6M
PAYCPaycom Software Inc0.38%$2.6M
HSYHershey Co0.36%$2.5M
EOGEOG Resources Inc0.36%$2.5M
RTXRTX Corp0.36%$2.5M
HASHasbro Inc0.36%$2.4M
SCHWCharles Schwab Corp0.36%$2.4M
INTUIntuit Inc0.36%$2.4M
CFCF Industries Holdings Inc0.34%$2.3M
KMBKimberly-Clark Corp0.33%$2.3M
GLGlobe Life Inc0.33%$2.2M
AYIAcuity Inc0.33%$2.2M
CROXCrocs Inc0.32%$2.2M
SYKStryker Corp0.32%$2.2M
SYFSynchrony Financial0.32%$2.1M
MTGMGIC Investment Corp0.30%$2M
NUENucor Corp0.29%$2M
POSTPost Holdings Inc0.29%$2M
AIGAmerican International Group Inc0.29%$2M
EXELExelixis Inc0.28%$1.9M
TSCOTractor Supply Co0.27%$1.8M
AMTAmerican Tower Corp0.25%$1.7M
CMCSAComcast Corp0.24%$1.7M
BRXBrixmor Property Group Inc0.24%$1.6M
ACMAECOM0.24%$1.6M
COPConocoPhillips0.22%$1.5M
WUWestern Union Co0.22%$1.5M
FOXAFox Corp0.22%$1.5M
JLLJones Lang LaSalle Inc0.22%$1.5M
CHRDChord Energy Corp0.21%$1.4M
MCOMoody's Corp0.21%$1.4M
ALBAlbemarle Corp0.20%$1.4M
YUMYum! Brands Inc0.20%$1.4M
CMICummins Inc0.20%$1.4M
INCYIncyte Corp0.20%$1.3M
LDOSLeidos Holdings Inc0.19%$1.3M
FIVEFive Below Inc0.18%$1.2M
COOCooper Companies Inc0.18%$1.2M
SCCOSouthern Copper Corp0.17%$1.2M
QCOMQualcomm Inc0.17%$1.2M
SNXTD Synnex Corp0.17%$1.1M
ALLAllstate Corp0.17%$1.1M
RPMRPM International Inc0.17%$1.1M
MKSIMKS Incorporated0.15%$1M
PNFPPinnacle Financial Partners Inc0.14%$956.9K
PSXPhillips 660.13%$889.4K
APAAPA Corp (US)0.12%$821.7K
CFRCullen/Frost Bankers Inc0.12%$819.5K
MASMasco Corp0.12%$818.7K
RGLDRoyal Gold Inc0.12%$781.5K
BENFranklin Resources Inc0.11%$776.9K
AMAntero Midstream Corp0.11%$774.5K
SJMJ.M. Smucker Co0.11%$757.7K
TRVTravelers Companies Inc0.11%$717.2K
SAROStandardAero, Inc.0.10%$693.2K
FISFidelity National Information Services Inc0.10%$666.5K
NFGNational Fuel Gas Co0.10%$665.3K
WWayfair Inc0.10%$662K
LOPEGrand Canyon Education Inc0.09%$640.1K
BWABorgwarner Inc0.09%$585.1K
AAAlcoa Corp0.08%$574.6K
GNTXGentex Corp0.08%$574.1K
NBIXNeurocrine Biosciences Inc0.08%$567K
CWCurtiss-Wright Corp0.08%$533.6K
DVADaVita Inc0.08%$512.5K

Source: NPORT-P filings, via EDGAR. Positions arrive by CUSIP, and only a CUSIP verified against a ticker is kept — so this is what we could match, not everything the fund holds, and the matched value is therefore below the fund's own size. A balance is shares where the filing says `NS` and a principal amount where it says `PA`, which is why it is not labelled shares in both cases.

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