We define reduced colored sl N link homologies and use deformation spectral sequences to characterize their dependence on color and rank. We then define reduced colored HOMFLY-PT homologies and prove that they arise as large N limits of sl N homologies. Together, these results allow proofs of many aspects of the physically conjectured structure of the family of type A link homologies. In particular, we verify a conjecture of Gorsky, Gukov and Stošić about the growth of colored HOMFLY-PT homologies. arXiv:1602.02769v1 [math.GT] 8 Feb 2016 Theorem 2. . Let K be a labelled knot. For sufficiently large N , there are isomorphisms i+2N j=I h−j=Jbetween a grading-collapsed version of reduced colored HOMFLY-PT homology and reduced colored sl N homology. See Theorem 3.46.Theorem 2 relies on the fact that the reduced colored HOMFLY-PT homology is finite-dimensional for knots, see Proposition 3.45. On the contrary, the original unreduced colored HOMFLY-PT homology of Mackaay-Stošić-Vaz [36] and Webster-Williamson [53] is always infinite-dimensional. Nevertheless, we find an analogue of Theorem 1, which relates it to unreduced colored sl N homologies and -more generally -their Σ-deformed versions, which have been defined by Wu in [58] and further studied by Rose and the author in [49].Theorem 3. Let L be a labelled link. There is a spectral sequencefrom unreduced colored HOMFLY-PT homology to unreduced, Σ-deformed colored sl N homology. See Theorem 3.22.1.2. The physical structure. The existence of reduced colored sl N and HOMFLY-PT homologies and the theorems describing their relationships, although new, will not come as a surprise to the expert. In fact, they are at the very centre of current interest in the study of link homologies from the prespective of theoretical physics. Since Gukov-Schwarz-Vafa's physical interpretation of Khovanov-Rozansky homology as a space of BPS states [22], there has been significant cross-fertilization between the mathematical and physical sides of this field. A particularly interesting outcome is a package of conjectures about the structure of the family of colored sl N and HOMFLY-PT homologies, which has been developed over a decade in a series of papers by Dunfield-Gukov-Rasmussen [12], Gukov-Walcher [24], Gukov-Stošić [23], Gorsky-Gukov-Stošić [18] and most recently Gukov-Nawata-Saberi-Stošić-Su lkowski [20]. Thanks to recent advances in understanding the higher representation theory underlying link homologies (in particular categorical skew Howe duality), which led to the convergence of several different approaches to link homologies [7,42,49,37], we are now in a position to prove a significant part of the physically conjectured structure. In the following theorems, K k denotes a knot labelled with the k th exterior power of the vector representation.Theorem 4. There is a spectral sequencewhich preserves the homological grading. See Corollary 3.47.This implies that the colored HOMFLY-PT homologies of a knot grow at least exponentially in color, as predicted in [18]. A related result has ...