NPORT-EX 2 edgar.htm
Schedule of Investments(a)
January 31, 2023
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–98.34%
Advertising–1.02%
Interpublic Group of Cos., Inc. (The)(b) 2,487,872    $90,707,813
Aerospace & Defense–1.79%
Lockheed Martin Corp. 209,911    97,243,370
Raytheon Technologies Corp. 620,558    61,962,716
      159,206,086
Agricultural & Farm Machinery–1.30%
Deere & Co. 273,383   115,597,268
Air Freight & Logistics–2.70%
United Parcel Service, Inc., Class B 1,298,784   240,573,760
Application Software–1.94%
Manhattan Associates, Inc.(c) 236,706    30,856,994
Synopsys, Inc.(c) 241,137    85,302,214
Tyler Technologies, Inc.(c) 175,659    56,697,455
      172,856,663
Auto Parts & Equipment–0.60%
Mobileye Global, Inc., Class A (Israel)(b)(c) 1,387,612    53,561,823
Automobile Manufacturers–1.10%
General Motors Co. 2,492,774    98,015,874
Automotive Retail–0.70%
O’Reilly Automotive, Inc.(c) 78,619    62,293,765
Biotechnology–1.83%
Gilead Sciences, Inc. 1,185,411    99,503,399
Seagen, Inc.(c) 453,835    63,300,906
      162,804,305
Commodity Chemicals–1.08%
Valvoline, Inc.(b) 2,632,198    96,496,379
Communications Equipment–0.36%
Motorola Solutions, Inc. 125,108    32,154,007
Construction Materials–1.38%
Vulcan Materials Co. 669,637   122,764,551
Consumer Finance–3.02%
American Express Co. 962,784   168,419,805
Capital One Financial Corp.(b) 846,199   100,697,681
      269,117,486
Data Processing & Outsourced Services–4.62%
Fiserv, Inc.(c) 1,206,850   128,746,758
Mastercard, Inc., Class A 412,987   153,052,982
Visa, Inc., Class A(b) 561,295   129,215,722
      411,015,462
Distillers & Vintners–1.78%
Constellation Brands, Inc., Class A 684,267   158,421,496
Diversified Banks–3.06%
JPMorgan Chase & Co. 1,947,060   272,510,518
  Shares Value
Electric Utilities–1.67%
FirstEnergy Corp. 2,535,593   $103,832,533
Southern Co. (The) 659,932    44,664,198
      148,496,731
Financial Exchanges & Data–1.61%
Intercontinental Exchange, Inc. 1,333,492   143,417,065
Food Distributors–0.32%
Sysco Corp. 370,830    28,724,492
General Merchandise Stores–0.36%
Dollar General Corp. 138,734    32,408,262
Health Care Equipment–1.13%
Zimmer Biomet Holdings, Inc. 792,472   100,913,384
Health Care Facilities–2.98%
HCA Healthcare, Inc.(b) 688,303   175,565,446
Tenet Healthcare Corp.(b)(c) 1,635,387    89,700,977
      265,266,423
Health Care Services–1.24%
CVS Health Corp. 1,252,248   110,473,319
Hotels, Resorts & Cruise Lines–1.35%
Airbnb, Inc., Class A(b)(c) 1,081,718   120,189,687
Industrial Conglomerates–1.46%
Honeywell International, Inc. 621,768   129,626,193
Industrial Machinery–1.75%
Otis Worldwide Corp. 1,897,734   156,050,667
Industrial REITs–2.74%
Prologis, Inc. 1,888,490   244,143,987
Integrated Oil & Gas–3.15%
Exxon Mobil Corp. 2,416,090   280,290,601
Integrated Telecommunication Services–0.68%
Verizon Communications, Inc. 1,448,715    60,223,082
Interactive Home Entertainment–0.49%
Electronic Arts, Inc. 336,073    43,245,874
Interactive Media & Services–3.91%
Alphabet, Inc., Class A(c) 1,596,402   157,788,374
Meta Platforms, Inc., Class A(c) 1,279,081   190,544,696
      348,333,070
Internet & Direct Marketing Retail–1.45%
Amazon.com, Inc.(c) 1,254,456   129,372,047
Investment Banking & Brokerage–1.57%
Charles Schwab Corp. (The) 1,808,574   140,019,799
IT Consulting & Other Services–0.67%
Amdocs Ltd. 645,634    59,353,134
Managed Health Care–0.73%
UnitedHealth Group, Inc. 130,194    64,991,543
 
See accompanying notes which are an integral part of this schedule.
Invesco Main Street Fund®
  Shares Value
Movies & Entertainment–2.36%
Netflix, Inc.(c) 594,552   $210,388,171
Multi-Utilities–0.98%
Dominion Energy, Inc. 1,364,120    86,812,597
Oil & Gas Exploration & Production–0.72%
APA Corp. 1,438,712    63,778,103
Oil & Gas Storage & Transportation–0.71%
Cheniere Energy, Inc. 125,293    19,143,517
Magellan Midstream Partners L.P. 829,347    44,287,130
      63,430,647
Other Diversified Financial Services–2.19%
Equitable Holdings, Inc. 6,085,697   195,168,303
Personal Products–0.58%
Coty, Inc., Class A(b)(c) 5,227,471    52,065,611
Pharmaceuticals–3.62%
AstraZeneca PLC, ADR (United Kingdom)(b) 2,423,414   158,418,573
Bristol-Myers Squibb Co. 790,517    57,431,060
Catalent, Inc.(c) 411,421    22,031,594
Eli Lilly and Co. 244,565    84,167,045
      322,048,272
Property & Casualty Insurance–1.50%
Allstate Corp. (The) 1,041,025   133,740,482
Railroads–1.03%
Union Pacific Corp. 447,702    91,416,271
Regional Banks–0.70%
Columbia Banking System, Inc. 209,420     6,473,172
First Citizens BancShares, Inc., Class A(b) 71,739    55,789,986
      62,263,158
Research & Consulting Services–0.97%
Equifax, Inc.(b) 390,375    86,741,325
Restaurants–1.37%
Starbucks Corp. 1,114,709   121,659,340
Semiconductor Equipment–1.33%
Applied Materials, Inc. 1,064,732   118,706,971
Semiconductors–3.61%
Advanced Micro Devices, Inc.(c) 1,456,709   109,471,681
Monolithic Power Systems, Inc.(b) 144,026    61,435,731
QUALCOMM, Inc. 1,131,786   150,765,213
      321,672,625
Soft Drinks–2.48%
Coca-Cola Co. (The) 2,028,026   124,358,554
PepsiCo, Inc. 565,024    96,630,405
      220,988,959
  Shares Value
Specialty Chemicals–0.75%
DuPont de Nemours, Inc. 907,323    $67,096,536
Systems Software–8.73%
Crowdstrike Holdings, Inc., Class A(c) 166,301    17,611,276
Microsoft Corp. 2,019,076   500,347,223
ServiceNow, Inc.(c) 155,863    70,937,927
VMware, Inc., Class A(c) 1,538,710   188,445,814
      777,342,240
Technology Hardware, Storage & Peripherals–5.02%
Apple, Inc. 3,099,069   447,164,666
Thrifts & Mortgage Finance–0.52%
Rocket Cos., Inc., Class A(b) 4,952,653    46,604,465
Tobacco–0.96%
British American Tobacco PLC, ADR (United Kingdom) 2,231,890    85,905,446
Wireless Telecommunication Services–0.67%
T-Mobile US, Inc.(c) 397,638    59,371,330
Total Common Stocks & Other Equity Interests (Cost $7,220,388,306) 8,758,002,134
Money Market Funds–1.59%
Invesco Government & Agency Portfolio, Institutional Class, 4.30%(d)(e) 49,294,600    49,294,600
Invesco Liquid Assets Portfolio, Institutional Class, 4.48%(d)(e) 35,564,073    35,574,742
Invesco Treasury Portfolio, Institutional Class, 4.30%(d)(e) 56,336,685    56,336,686
Total Money Market Funds (Cost $141,202,861) 141,206,028
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-99.93% (Cost $7,361,591,167)     8,899,208,162
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–2.88%
Invesco Private Government Fund, 4.36%(d)(e)(f) 71,856,032    71,856,032
Invesco Private Prime Fund, 4.59%(d)(e)(f) 184,751,113   184,806,536
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $256,653,613) 256,662,568
TOTAL INVESTMENTS IN SECURITIES–102.81% (Cost $7,618,244,780) 9,155,870,730
OTHER ASSETS LESS LIABILITIES—(2.81)% (249,858,116)
NET ASSETS–100.00% $8,906,012,614
Investment Abbreviations:
ADR – American Depositary Receipt
REIT – Real Estate Investment Trust
See accompanying notes which are an integral part of this schedule.
Invesco Main Street Fund®
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) All or a portion of this security was out on loan at January 31, 2023.
(c) Non-income producing security.
(d) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2023.
    
  Value
October 31, 2022 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain 		Value
January 31, 2023 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $75,624,027 $162,561,012 $(188,890,439) $- $- $49,294,600 $342,403
Invesco Liquid Assets Portfolio, Institutional Class 54,378,030 116,115,008 (134,921,741) (3,636) 7,081 35,574,742 257,046
Invesco Treasury Portfolio, Institutional Class 86,427,459 185,784,014 (215,874,787) - - 56,336,686 392,692
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund 38,220,527 152,862,997 (119,227,493) 1 - 71,856,032 506,423*
Invesco Private Prime Fund 98,267,279 289,477,024 (202,964,921) 3,152 24,002 184,806,536 1,396,072*
Total $352,917,322 $906,800,055 $(861,879,381) $(483) $31,083 $397,868,596 $2,894,636
    
* 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 January 31, 2023.
(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.
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Main Street Fund®
Notes to Quarterly Schedule of Portfolio Holdings
January 31, 2023
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used.  Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of January 31, 2023. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Common Stocks & Other Equity Interests $8,758,002,134 $— $— $8,758,002,134
Money Market Funds 141,206,028 256,662,568 — 397,868,596
Total Investments $8,899,208,162 $256,662,568 $— $9,155,870,730
Invesco Main Street Fund®