# EDGAR Filing Document

**Accession Number:** 0000719423
**File Stem:** 0001410368-26-007795
**Filing Date:** 2026-1
**Character Count:** 25978
**Document Hash:** 95d76fa7ed4a9ed33a0dbb29432b53d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-007795.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001410368-26-007795

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALIC Co I
- **CENTRAL INDEX KEY:** 0000719423

**ORGANIZATION NAME:**
- **EIN:** 720029692
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03738
- **FILM NUMBER:** 26564949

**BUSINESS ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
- **BUSINESS PHONE:** 551-235-3560

**MAIL ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIG Retirement CO I
- **DATE OF NAME CHANGE:** 20080501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VALIC CO I
- **DATE OF NAME CHANGE:** 20020110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTH AMERICAN FUNDS VARIABLE PRODUCT SERIES CO I
- **DATE OF NAME CHANGE:** 20000929

## Series and Classes Contracts Data

### Capital Appreciation Fund (Series ID: S000069816)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000222577 | Capital Appreciation Fund | VAPPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** VALIC Co I

- **b. Investment Company Act file number:** 811-03738

- **c. CIK number of Registrant:** 0000719423

- **d. LEI of Registrant:** 549300N3XZ1M1QABFI47

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2919 ALLEN PARKWAY

  - **City:** HOUSTON

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77019

  - **Telephone number:** 800-448-2542

**Item A.2. Information about the Series.**

- **a. Name of Series:** Capital Appreciation Fund

- **b. EDGAR series identifier (if any):** S000069816

- **c. LEI of Series:** 54930021CYU4BO106H08

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $359002440.80

**Total Liabilities:** $272414.05

**Net Assets:** $358730026.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222577 | 4.33%                | 4.19%                | -2.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4935922.75              | $10327658.21                               |
| Month 2  | $2365763.81              | $12850131.76                               |
| Month 3  | $3420715.82              | $-11377789.93                              |

### Schedule of Portfolio Investments

| Name                               | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adobe, Inc.                        | Adobe, Inc.                                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     18474 | NS      | $5914081.62   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc         | Advanced Micro Devices Inc                                   | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     24284 | NS      | $5282498.52   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                                                 | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     59556 | NS      | $19065066.72  | 5.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16937 | NS      | $5422888.66   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     75167 | NS      | $17530447.74  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                | American Express Co                                          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     18098 | NS      | $6610656.46   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                          | Apple Inc                                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    102204 | NS      | $28499585.40  | 7.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                | Arista Networks Inc                                          | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     48285 | NS      | $6309883.80   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                     | Atlassian Corp                                               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     13305 | NS      | $1989363.60   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc               | Booking Holdings Inc                                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1032 | NS      | $5071960.08   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                       | Broadcom Inc                                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     61238 | NS      | $24676464.48  | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                    | Cigna Group/The                                              | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     13150 | NS      | $3646232.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                | Cardinal Health Inc                                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      8789 | NS      | $1865553.14   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc                   | Coeur Mining Inc                                             | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    181560 | NS      | $3135541.20   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                        | Cummins Inc                                                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      2539 | NS      | $1264371.22   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc              | Dell Technologies Inc                                        | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     10379 | NS      | $1384039.65   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                       | DoorDash Inc                                                 | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     24864 | NS      | $4932271.68   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                      | Dynatrace Inc                                                | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     71394 | NS      | $3181316.64   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                    | EMCOR Group Inc                                              | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      5692 | NS      | $3500978.44   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc                   | EPAM Systems Inc                                             | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     15198 | NS      | $2842026.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                  | Expedia Group Inc                                            | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |     20315 | NS      | $5194342.35   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     23669 | NS      | $15336328.55  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc             | FirstCash Holdings Inc                                       | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10589 | NS      | $1677403.49   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                        | HubSpot Inc                                                  | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      6165 | NS      | $2264527.80   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                        | Incyte Corp                                                  | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     16760 | NS      | $1750749.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                         | Insmed Inc                                                   | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      6120 | NS      | $1271552.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp               | Las Vegas Sands Corp                                         | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     31200 | NS      | $2126592.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                     | Eli Lilly & Co                                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7107 | NS      | $7643365.29   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      4228 | NS      | $2327640.84   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                      | McKesson Corp                                                | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      5538 | NS      | $4879642.56   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     52695 | NS      | $25926466.95  | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc             | Motorola Solutions Inc                                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      9879 | NS      | $3652068.72   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                     | NRG Energy Inc                                               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     23552 | NS      | $3991828.48   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                        | Netflix Inc                                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     18690 | NS      | $2010670.20   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc         | Neurocrine Biosciences Inc                                   | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      8511 | NS      | $1295033.76   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                        | Nutanix Inc                                                  | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |     12682 | NS      | $606199.60    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                        | NVIDIA Corp                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    211271 | NS      | $37394967.00  | 10.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc          | Palantir Technologies Inc                                    | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     43596 | NS      | $7343746.20   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp             | Paylocity Holding Corp                                       | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      6139 | NS      | $904458.87    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                | PayPal Holdings Inc                                          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     20594 | NS      | $1291037.86   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc    | Philip Morris International Inc                              | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     15196 | NS      | $2393066.08   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The               | Progressive Corp/The                                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     16100 | NS      | $3683519.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                   | Pure Storage Inc                                             | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     23052 | NS      | $2050705.92   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                       | QUALCOMM Inc                                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     10248 | NS      | $1722586.32   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                        | Rollins Inc                                                  | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     69868 | NS      | $4295484.64   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors       | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   4291761 | NS      | $4291761.22   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                 | SEI Investments Co                                           | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |     18842 | NS      | $1523564.12   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                     | Salesforce Inc                                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     20728 | NS      | $4778633.12   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The            | Charles Schwab Corp/The                                      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     35773 | NS      | $3317230.29   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                     | ServiceNow Inc                                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2669 | NS      | $2168322.29   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                         | Sysco Corp                                                   | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      9364 | NS      | $713536.80    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                                              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     30190 | NS      | $4586464.80   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                          | Tesla Inc                                                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     24855 | NS      | $10691875.35  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc              | Uber Technologies Inc                                        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     71645 | NS      | $6271803.30   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                    | Ulta Beauty Inc                                              | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      6406 | NS      | $3451744.98   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc         | Vertex Pharmaceuticals Inc                                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     12402 | NS      | $5377631.22   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                        | Vistra Corp                                                  | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      4342 | NS      | $776610.12    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                        | Walmart Inc                                                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     22068 | NS      | $2438734.68   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                        | Workday Inc                                                  | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     14509 | NS      | $3128430.58   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                        | Zscaler Inc                                                  | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     12753 | NS      | $3207379.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd | Credo Technology Group Holding Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     10400 | NS      | $1847040.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                  | Everest Group Ltd                                            | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      2564 | NS      | $805839.56    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                        | Genpact Ltd                                                  | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |     20722 | NS      | $913011.32    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd         | RenaissanceRe Holdings Ltd                                   | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     13100 | NS      | $3421327.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-22

**Name of Applicant:** VALIC Co I

**Signature:** Shawn Parry

**Name of Signer:** Shawn Parry

**Title:** Assistant Treasurer