AXA PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (20.2%)
1290 VT Equity Income Portfolio‡		2,204,842	$	6,893,563
1290 VT GAMCO Small Company Value Portfolio‡		45,592		1,893,901
1290 VT Micro Cap Portfolio‡		139,549		1,063,288
ATM International Managed Volatility Portfolio‡		2,211,007		18,747,577
ATM Large Cap Managed Volatility Portfolio‡		5,026,313		66,832,893
ATM Mid Cap Managed Volatility Portfolio‡		2,092,993		13,118,533
ATM Small Cap Managed Volatility Portfolio‡		625,838		5,755,294
EQ/AB Small Cap Growth Portfolio‡		168,005		2,351,034
EQ/BlackRock Basic Value Equity Portfolio‡		352,362		5,948,972
EQ/Global Equity Managed Volatility Portfolio‡		427,578		6,193,736
EQ/International Core Managed Volatility Portfolio‡		443,154		3,857,021
EQ/International Equity Index Portfolio‡		76,427		563,616
EQ/International Value Managed Volatility Portfolio‡		499,829		4,886,454
EQ/JPMorgan Value Opportunities Portfolio‡		555,932		7,079,321
EQ/Large Cap Core Managed Volatility Portfolio‡		1,623,221		15,389,303
EQ/Large Cap Growth Index Portfolio‡		76,827		1,099,920
EQ/Large Cap Growth Managed Volatility Portfolio‡		289,520		9,361,483
EQ/Large Cap Value Managed Volatility Portfolio‡		507,546		7,423,595
EQ/Loomis Sayles Growth Portfolio‡		723,287		5,886,653
EQ/MFS International Growth Portfolio‡		1,337,579		8,933,298
EQ/Morgan Stanley Small Cap Growth Portfolio‡		189,131		1,567,048
EQ/T. Rowe Price Growth Stock Portfolio*‡		84,330		4,033,012
Multimanager Mid Cap Growth Portfolio*‡		478,536		4,056,975
Multimanager Mid Cap Value Portfolio‡		210,429		2,165,469
Total Equity				205,101,959
Fixed Income (79.6%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		5,459,569		52,915,080
1290 VT High Yield Bond Portfolio‡		1,436,253		12,387,582
EQ/Core Bond Index Portfolio‡		22,420,697		231,624,515
EQ/Global Bond PLUS Portfolio‡		2,364,194		22,228,853
EQ/Intermediate Government Bond Portfolio‡		27,604,111		298,063,013
EQ/PIMCO Ultra Short Bond Portfolio‡		12,250,195		117,642,248
EQ/Quality Bond PLUS Portfolio‡		3,670,827		33,053,602
Multimanager Core Bond Portfolio‡		4,120,673		41,203,402
Total Fixed Income				809,118,295
Total Investments in Securities (99.8%) (Cost $949,813,110)				1,014,220,254
Other Assets Less Liabilities (0.2%)				1,804,420
Net Assets (100%)			$	1,016,024,674

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

1

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December  31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital  Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		2,204,842		6,884,313		2,231,691		(177,690	)		(139	)		(2,044,612	)		6,893,563		—		—
1290 VT GAMCO Small Company Value Portfolio		45,592		2,552,726		405,846		(388,845	)		138,043			(813,869	)		1,893,901		—		—
1290 VT Micro Cap Portfolio		139,549		1,324,301		105,000		—			—			(366,013	)		1,063,288		—		—
ATM Large Cap Managed Volatility Portfolio		5,026,313		73,333,235		7,412,822		(4,698,813	)		92,727			(9,307,078	)		66,832,893		—		—
ATM Mid Cap Managed Volatility Portfolio		2,092,993		12,473,421		3,814,227		(444,225	)		751			(2,725,641	)		13,118,533		—		—
ATM Small Cap Managed Volatility Portfolio		625,838		5,690,397		1,732,536		(366,535	)		28,228			(1,329,332	)		5,755,294		—		—
ATM International Managed Volatility Portfolio		2,211,007		18,492,268		5,235,917		(1,261,915	)		72,308			(3,791,001	)		18,747,577		—		—
EQ/AB Small Cap Growth Portfolio		168,005		2,509,371		510,845		(88,845	)		962			(581,299	)		2,351,034		—		—
EQ/BlackRock Basic Value Equity Portfolio		352,362		8,996,637		272,536		(1,066,535	)		375,371			(2,629,037	)		5,948,972		—		—
EQ/Global Equity Managed Volatility Portfolio		427,578		5,960,717		1,531,691		(177,690	)		1,988			(1,122,970	)		6,193,736		—		—
EQ/International Core Managed Volatility Portfolio		443,154		4,285,729		681,690		(177,690	)		(1,716	)		(930,992	)		3,857,021		—		—
EQ/International Equity Index Portfolio		76,427		753,580		—		—			—			(189,964	)		563,616		—		—
EQ/International Value Managed Volatility Portfolio		499,829		3,879,547		2,331,691		(177,690	)		187			(1,147,281	)		4,886,454		—		—
EQ/JPMorgan Value Opportunities Portfolio		555,932		7,590,508		2,162,536		(266,535	)		4,789			(2,411,977	)		7,079,321		—		—
EQ/Large Cap Core Managed Volatility Portfolio		1,623,221		18,211,414		545,072		(533,070	)		4,406			(2,838,519	)		15,389,303		—		—
EQ/Large Cap Growth Index Portfolio		76,827		1,282,232		—		—			—			(182,312	)		1,099,920		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		289,520		13,932,941		454,228		(4,214,225	)		2,214,482			(3,025,943	)		9,361,483		—		—
EQ/Large Cap Value Managed Volatility Portfolio		507,546		6,992,053		2,123,382		(355,380	)		456			(1,336,916	)		7,423,595		—		—
EQ/Loomis Sayles Growth Portfolio		723,287		4,921,881		1,961,691		(477,690	)		66,134			(585,363	)		5,886,653		—		—
EQ/MFS International Growth Portfolio		1,337,579		8,267,726		2,672,535		(556,535	)		130,667			(1,581,095	)		8,933,298		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		189,131		1,993,495		—		—			—			(426,447	)		1,567,048		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		84,330		3,352,871		1,270,845		(88,845	)		2,498			(504,357	)		4,033,012		—		—
Multimanager Mid Cap Growth Portfolio*		478,536		4,651,219		460,846		(88,845	)		(493	)		(965,752	)		4,056,975		—		—

See Notes to Portfolio of Investments.

2

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital  Gain Distributions ($)
Multimanager Mid Cap Value Portfolio		210,429		2,394,176		620,845		(88,845	)		(207	)		(760,500	)		2,165,469		—		—
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		5,459,569		46,879,001		8,954,226		(444,225	)		395			(2,474,317	)		52,915,080		—		—
1290 VT High Yield Bond Portfolio		1,436,253		13,741,941		454,227		(444,225	)		2,263			(1,366,624	)		12,387,582		—		—
EQ/Core Bond Index Portfolio		22,420,697		232,692,400		8,993,681		(15,795,649	)		57,435			5,676,648			231,624,515		—		—
EQ/Global Bond PLUS Portfolio		2,364,194		22,038,553		817,608		(799,605	)		1,072			171,225			22,228,853		—		—
EQ/Intermediate Government Bond Portfolio		27,604,111		309,926,876		12,354,958		(36,262,912	)		649,653			11,394,438			298,063,013		—		—
EQ/PIMCO Ultra Short Bond Portfolio		12,250,195		120,482,942		4,360,573		(4,264,557	)		4,037			(2,940,747	)		117,642,248		—		—
EQ/Quality Bond PLUS Portfolio		3,670,827		31,817,619		635,917		(621,915	)		3,986			1,217,995			33,053,602		—		—
Multimanager Core Bond Portfolio		4,120,673		40,862,004		1,096,066		(888,449	)		1,267			132,514			41,203,402		271,725		—
Total				1,039,168,094		76,205,728		(75,217,980	)		3,851,550			(29,787,138	)		1,014,220,254		271,725		—

See Notes to Portfolio of Investments.

3

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices  in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant  unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	1,014,220,254	$	—	$	1,014,220,254
Total Assets	$	—	$	1,014,220,254	$	—	$	1,014,220,254
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	1,014,220,254	$	—	$	1,014,220,254

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	79,141,263
Aggregate gross unrealized depreciation		(15,554,954	)
Net unrealized appreciation	$	63,586,309
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	950,633,945

See Notes to Portfolio of Investments.

4

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (40.9%)
1290 VT Equity Income Portfolio‡		3,693,377	$	11,547,551
1290 VT GAMCO Small Company Value Portfolio‡		211,296		8,777,318
1290 VT Micro Cap Portfolio‡		440,438		3,355,911
1290 VT Small Cap Value Portfolio‡		806,384		5,359,683
ATM International Managed Volatility Portfolio‡		6,066,872		51,442,235
ATM Large Cap Managed Volatility Portfolio‡		8,813,632		117,191,387
ATM Mid Cap Managed Volatility Portfolio‡		3,380,977		21,191,401
ATM Small Cap Managed Volatility Portfolio‡		3,247,283		29,862,482
EQ/AB Small Cap Growth Portfolio‡		781,392		10,934,685
EQ/BlackRock Basic Value Equity Portfolio‡		631,071		10,654,449
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		431,039		4,914,497
EQ/Global Equity Managed Volatility Portfolio‡		1,159,768		16,799,980
EQ/International Core Managed Volatility Portfolio‡		1,304,276		11,351,852
EQ/International Equity Index Portfolio‡		203,258		1,498,947
EQ/International Value Managed Volatility Portfolio‡		1,285,584		12,568,204
EQ/JPMorgan Value Opportunities Portfolio‡		929,428		11,835,466
EQ/Large Cap Core Managed Volatility Portfolio‡		2,952,871		27,995,347
EQ/Large Cap Growth Index Portfolio‡		109,025		1,560,890
EQ/Large Cap Growth Managed Volatility Portfolio‡		560,190		18,113,481
EQ/Large Cap Value Managed Volatility Portfolio‡		1,236,175		18,080,869
EQ/Loomis Sayles Growth Portfolio‡		1,202,617		9,787,799
EQ/MFS International Growth Portfolio‡		3,375,711		22,545,385
EQ/Morgan Stanley Small Cap Growth Portfolio‡		677,514		5,613,546
EQ/T. Rowe Price Growth Stock Portfolio*‡		132,359		6,329,979
Multimanager Mid Cap Growth Portfolio*‡		978,765		8,297,853
Multimanager Mid Cap Value Portfolio‡		335,545		3,453,010
Total Equity				451,064,207
Fixed Income (59.0%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		4,370,863		42,363,155
1290 VT High Yield Bond Portfolio‡		1,088,386		9,387,253
EQ/Core Bond Index Portfolio‡		16,733,878		172,874,931
EQ/Global Bond PLUS Portfolio‡.		1,826,012		17,168,708
EQ/Intermediate Government Bond Portfolio‡		20,864,245		225,287,443
EQ/PIMCO Ultra Short Bond Portfolio‡		9,936,306		95,421,285
EQ/Quality Bond PLUS Portfolio‡		3,810,632		34,312,463
Multimanager Core Bond Portfolio‡		5,385,529		53,850,941
Total Fixed Income				650,666,179
Total Investments in Securities (99.9%) (Cost $1,003,344,052)				1,101,730,386
Other Assets Less Liabilities (0.1%)				1,457,549
Net Assets (100%)			$	1,103,187,935

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

5

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss)  ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		3,693,377		13,556,972		2,432,217		(460,631	)		1,119			(3,982,126	)		11,547,551		—		—
1290 VT GAMCO Small Company Value Portfolio		211,296		9,311,101		2,861,662		(745,473	)		239,924			(2,889,896	)		8,777,318		—		—
1290 VT Micro Cap Portfolio		440,438		4,055,217		520,555		(115,158	)		1,656			(1,106,359	)		3,355,911		—		—
1290 VT Small Cap Value Portfolio		806,384		5,985,426		1,751,109		(230,316	)		2,130			(2,148,666	)		5,359,683		—		—
ATM Large Cap Managed Volatility Portfolio		8,813,632		135,736,923		6,704,391		(8,116,942	)		108,812			(17,241,797	)		117,191,387		—		—
ATM Mid Cap Managed Volatility Portfolio		3,380,977		19,073,153		7,043,879		(806,104	)		90			(4,119,617	)		21,191,401		—		—
ATM Small Cap Managed Volatility Portfolio		3,247,283		33,109,450		6,696,651		(2,306,893	)		30,138			(7,666,864	)		29,862,482		—		—
ATM International Managed Volatility Portfolio		6,066,872		53,798,674		12,969,978		(4,447,840	)		121,141			(10,999,718	)		51,442,235		—		—
EQ/AB Small Cap Growth Portfolio		781,392		12,121,269		2,082,218		(460,631	)		4,537			(2,812,708	)		10,934,685		—		—
EQ/BlackRock Basic Value Equity Portfolio		631,071		16,699,194		123,326		(1,940,947	)		712,391			(4,939,515	)		10,654,449		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		431,039		4,042,090		2,140,555		(115,158	)		(216	)		(1,152,774	)		4,914,497		—		—
EQ/Global Equity Managed Volatility Portfolio		1,159,768		19,584,561		1,623,326		(690,947	)		985			(3,717,945	)		16,799,980		—		—
EQ/International Core Managed Volatility Portfolio		1,304,276		11,813,006		2,582,217		(460,631	)		(778	)		(2,581,962	)		11,351,852		—		—
EQ/International Equity Index Portfolio		203,258		2,004,158		—		—			—			(505,211	)		1,498,947		—		—
EQ/International Value Managed Volatility Portfolio		1,285,584		17,065,773		582,218		(460,631	)		(1,233	)		(4,617,923	)		12,568,204		—		—
EQ/JPMorgan Value Opportunities Portfolio		929,428		14,386,230		2,432,218		(460,631	)		1,560			(4,523,911	)		11,835,466		—		—
EQ/Large Cap Core Managed Volatility Portfolio		2,952,871		34,358,896		226,098		(1,266,735	)		(39,978	)		(5,282,934	)		27,995,347		—		—
EQ/Large Cap Growth Index Portfolio		109,025		1,819,609		—		—			—			(258,719	)		1,560,890		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		560,190		25,272,510		164,434		(5,496,262	)		2,506,114			(4,333,315	)		18,113,481		—		—
EQ/Large Cap Value Managed Volatility Portfolio		1,236,175		21,385,513		1,683,880		(806,104	)		(9,169	)		(4,173,251	)		18,080,869		—		—
EQ/Loomis Sayles Growth Portfolio		1,202,617		8,344,102		2,711,663		(345,473	)		5,684			(928,177	)		9,787,799		—		—
EQ/MFS International Growth Portfolio		3,375,711		23,970,599		4,564,990		(1,761,420	)		420,784			(4,649,568	)		22,545,385		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		677,514		7,342,217		41,111		(230,316	)		(4,624	)		(1,534,842	)		5,613,546		—		—

See Notes to Portfolio of Investments.

6

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss)  ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/T. Rowe Price Growth Stock Portfolio*		132,359		5,568,159		1,771,108		(230,316	)		28,904			(807,876	)		6,329,979		—		—
Multimanager Mid Cap Growth Portfolio*		978,765		6,227,810		4,020,554		(115,158	)		(289	)		(1,835,064	)		8,297,853		—		—
Multimanager Mid Cap Value Portfolio		335,545		4,313,225		620,555		(115,158	)		(1,464	)		(1,364,148	)		3,453,010		—		—
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		4,370,863		40,395,828		4,382,217		(460,631	)		(455	)		(1,953,804	)		42,363,155		—		—
1290 VT High Yield Bond Portfolio		1,088,386		10,835,541		82,217		(460,631	)		(6,745	)		(1,063,129	)		9,387,253		—		—
EQ/Core Bond Index Portfolio		16,733,878		191,077,468		4,979,912		(27,781,359	)		1,522,071			3,076,839			172,874,931		—		—
EQ/Global Bond PLUS Portfolio		1,826,012		19,103,136		143,880		(2,206,104	)		(7,354	)		135,150			17,168,708		—		—
EQ/Intermediate Government Bond Portfolio		20,864,245		254,897,723		2,014,325		(41,387,461	)		1,158,433			8,604,423			225,287,443		—		—
EQ/PIMCO Ultra Short Bond Portfolio		9,936,306		105,877,458		739,956		(8,633,680	)		87,272			(2,649,721	)		95,421,285		—		—
EQ/Quality Bond PLUS Portfolio		3,810,632		39,680,109		1,823,326		(8,690,947	)		234,486			1,265,489			34,312,463		—		—
Multimanager Core Bond Portfolio		5,385,529		51,959,474		4,236,401		(2,536,421	)		32,425			159,062			53,850,941		361,366		—
Total				1,224,772,574		86,753,147		(124,343,109	)		7,148,351			(92,600,577	)		1,101,730,386		361,366		—

See Notes to Portfolio of Investments.

7

AXA PREMIER VIP TRUST

EQ/CONSERVATIVE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices  in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant  unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	1,101,730,386	$	—	$	1,101,730,386
Total Assets	$	—	$	1,101,730,386	$	—	$	1,101,730,386
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	1,101,730,386	$	—	$	1,101,730,386

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	128,672,568
Aggregate gross unrealized depreciation		(31,513,906	)
Net unrealized appreciation	$	97,158,662
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	1,004,571,724

See Notes to Portfolio of Investments.

8

AXA PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (51.0%)
1290 VT Equity Income Portfolio‡		22,834,235	$	71,392,520
1290 VT GAMCO Small Company Value Portfolio‡		1,926,275		80,018,392
1290 VT Micro Cap Portfolio‡		3,595,021		27,392,211
1290 VT Small Cap Value Portfolio‡		6,258,342		41,596,455
ATM International Managed Volatility Portfolio‡		52,294,355		443,414,424
ATM Large Cap Managed Volatility Portfolio‡		55,054,562		732,038,772
ATM Mid Cap Managed Volatility Portfolio‡		11,197,094		70,181,509
ATM Small Cap Managed Volatility Portfolio‡		30,746,259		282,747,057
EQ/AB Small Cap Growth Portfolio‡		8,946,183		125,191,516
EQ/BlackRock Basic Value Equity Portfolio‡		4,126,672		69,671,080
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		4,078,323		46,499,081
EQ/Global Equity Managed Volatility Portfolio‡		10,572,644		153,151,468
EQ/International Core Managed Volatility Portfolio‡		11,457,393		99,720,216
EQ/International Equity Index Portfolio‡		1,431,096		10,553,765
EQ/International Value Managed Volatility Portfolio‡		11,089,274		108,411,595
EQ/JPMorgan Value Opportunities Portfolio‡		5,507,717		70,136,055
EQ/Large Cap Core Managed Volatility Portfolio‡		19,641,056		186,211,346
EQ/Large Cap Growth Index Portfolio‡		480,182		6,874,695
EQ/Large Cap Growth Managed Volatility Portfolio‡		3,857,978		124,745,912
EQ/Large Cap Value Managed Volatility Portfolio‡		8,731,915		127,717,003
EQ/Loomis Sayles Growth Portfolio‡		7,619,663		62,014,541
EQ/MFS International Growth Portfolio‡		28,782,358		192,228,911
EQ/Morgan Stanley Small Cap Growth Portfolio‡		5,850,596		48,475,116
EQ/T. Rowe Price Growth Stock Portfolio*‡		784,996		37,541,836
Multimanager Mid Cap Growth Portfolio*‡		2,129,836		18,056,498
Multimanager Mid Cap Value Portfolio‡		1,961,896		20,189,379
Total Equity				3,256,171,353
Fixed Income (48.9%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		18,060,953		175,049,845
1290 VT High Yield Bond Portfolio‡		5,602,090		48,317,629
EQ/Core Bond Index Portfolio‡		80,733,015		834,039,429
EQ/Global Bond PLUS Portfolio‡.		8,862,617		83,328,948
EQ/Intermediate Government Bond Portfolio‡		99,921,281		1,078,927,631
EQ/PIMCO Ultra Short Bond Portfolio‡		47,778,865		458,834,557
EQ/Quality Bond PLUS Portfolio‡		18,333,770		165,084,615
Multimanager Core Bond Portfolio‡		27,796,993		277,947,465
Total Fixed Income				3,121,530,119
Total Investments in Securities (99.9%) (Cost $5,788,065,076)				6,377,701,472
Other Assets Less Liabilities (0.1%)				4,208,989
Net Assets (100%)			$	6,381,910,461

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

9

AXA PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		22,834,235		85,090,442		13,399,999		(2,035,591	)		534			(25,062,864	)		71,392,520		—		—
1290 VT GAMCO Small Company Value Portfolio		1,926,275		70,697,325		35,070,000		(3,285,591	)		356,138			(22,819,480	)		80,018,392		—		—
1290 VT Micro Cap Portfolio		3,595,021		27,921,930		8,600,000		(1,017,796	)		21,400			(8,133,323	)		27,392,211		—		—
1290 VT Small Cap Value Portfolio		6,258,342		51,748,903		12,194,999		(2,526,694	)		65,138			(19,885,891	)		41,596,455		—		—
ATM Large Cap Managed Volatility Portfolio		55,054,562		869,193,388		14,000,000		(40,585,994	)		289,101			(110,857,723	)		732,038,772		—		—
ATM Mid Cap Managed Volatility Portfolio		11,197,094		81,116,353		8,500,000		(2,544,489	)		15,753			(16,906,108	)		70,181,509		—		—
ATM Small Cap Managed Volatility Portfolio		30,746,259		318,337,079		53,875,001		(15,142,366	)		150,214			(74,472,871	)		282,747,057		—		—
ATM International Managed Volatility Portfolio		52,294,355		492,430,006		79,100,001		(26,165,242	)		513,670			(102,464,011	)		443,414,424		—		—
EQ/AB Small Cap Growth Portfolio		8,946,183		146,371,399		17,000,001		(4,580,081	)		93,476			(33,693,279	)		125,191,516		—		—
EQ/BlackRock Basic Value Equity Portfolio		4,126,672		107,790,840		—		(10,553,386	)		3,470,009			(31,036,383	)		69,671,080		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		4,078,323		43,485,915		15,920,000		(1,017,796	)		(6,411	)		(11,882,627	)		46,499,081		—		—
EQ/Global Equity Managed Volatility Portfolio		10,572,644		179,494,368		15,000,001		(7,805,081	)		142,210			(33,680,030	)		153,151,468		—		—
EQ/International Core Managed Volatility Portfolio		11,457,393		118,730,174		10,000,000		(3,053,387	)		(53,647	)		(25,902,924	)		99,720,216		—		—
EQ/International Equity Index Portfolio		1,431,096		14,697,342		—		(508,898	)		(63	)		(3,634,616	)		10,553,765		—		—
EQ/International Value Managed Volatility Portfolio		11,089,274		120,371,702		23,000,000		(2,035,591	)		(996	)		(32,923,520	)		108,411,595		—		—
EQ/JPMorgan Value Opportunities Portfolio		5,507,717		86,415,017		13,400,001		(2,544,489	)		6,538			(27,141,012	)		70,136,055		—		—
EQ/Large Cap Core Managed Volatility Portfolio		19,641,056		220,372,430		6,000,000		(6,106,774	)		(60,655	)		(33,993,655	)		186,211,346		—		—
EQ/Large Cap Growth Index Portfolio		480,182		8,014,179		—		—			—			(1,139,484	)		6,874,695		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		3,857,978		159,857,154		6,000,000		(29,030,081	)		11,922,773			(24,003,934	)		124,745,912		—		—
EQ/Large Cap Value Managed Volatility Portfolio		8,731,915		147,978,783		13,000,001		(4,071,183	)		32,017			(29,222,615	)		127,717,003		—		—
EQ/Loomis Sayles Growth Portfolio		7,619,663		58,342,551		12,399,999		(2,035,591	)		10,872			(6,703,290	)		62,014,541		—		—
EQ/MFS International Growth Portfolio		28,782,358		217,666,175		23,999,999		(10,106,774	)		1,947,097			(41,277,586	)		192,228,911		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		5,850,596		55,833,909		6,000,000		(2,526,694	)		21,671			(10,853,770	)		48,475,116		—		—

See Notes to Portfolio of Investments.

10

AXA PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/T. Rowe Price Growth Stock Portfolio*		784,996		33,272,585		10,000,000		(1,017,796	)		135,059			(4,848,012	)		37,541,836		—		—
Multimanager Mid Cap Growth Portfolio*		2,129,836		18,373,215		4,500,000		(508,898	)		1,020			(4,308,839	)		18,056,498		—		—
Multimanager Mid Cap Value Portfolio		1,961,896		28,671,041		1,300,000		(508,898	)		3,585			(9,276,349	)		20,189,379		—		—
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		18,060,953		171,532,532		13,100,001		(1,526,694	)		(455	)		(8,055,539	)		175,049,845		—		—
1290 VT High Yield Bond Portfolio		5,602,090		55,323,215		—		(1,526,694	)		(14,922	)		(5,463,970	)		48,317,629		—		—
EQ/Core Bond Index Portfolio		80,733,015		925,118,717		37,500,001		(151,033,871	)		3,132,435			19,322,147			834,039,429		—		—
EQ/Global Bond PLUS Portfolio		8,862,617		94,887,511		—		(12,178,386	)		(204,013	)		823,836			83,328,948		—		—
EQ/Intermediate Government Bond Portfolio		99,921,281		1,250,545,554		—		(219,471,828	)		6,541,829			41,312,076			1,078,927,631		—		—
EQ/PIMCO Ultra Short Bond Portfolio		47,778,865		518,259,186		—		(46,866,937	)		539,315			(13,097,007	)		458,834,557		—		—
EQ/Quality Bond PLUS Portfolio		18,333,770		209,985,486		3,500,000		(56,328,387	)		2,075,940			5,851,576			165,084,615		—		—
Multimanager Core Bond Portfolio		27,796,993		265,398,560		24,720,173		(13,071,183	)		78,635			821,280			277,947,465		1,887,388		—
Total				7,253,324,966		481,080,177		(683,319,141	)		31,225,267			(704,609,797	)		6,377,701,472		1,887,388		—

See Notes to Portfolio of Investments.

11

AXA PREMIER VIP TRUST

EQ/MODERATE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices  in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant  unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	6,377,701,472	$	—	$	6,377,701,472
Total Assets	$	—	$	6,377,701,472	$	—	$	6,377,701,472
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	6,377,701,472	$	—	$	6,377,701,472

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	785,268,722
Aggregate gross unrealized depreciation		(220,155,703	)
Net unrealized appreciation	$	565,113,019
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	5,812,588,453

See Notes to Portfolio of Investments.

12

AXA PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (71.1%)
1290 VT Equity Income Portfolio‡		35,794,117	$	111,912,323
1290 VT GAMCO Small Company Value Portfolio‡		3,683,435		153,011,651
1290 VT Micro Cap Portfolio‡		6,458,923		49,213,678
1290 VT Small Cap Value Portfolio‡		10,294,316		68,421,801
ATM International Managed Volatility Portfolio‡		73,274,721		621,311,187
ATM Large Cap Managed Volatility Portfolio‡		88,811,595		1,180,892,709
ATM Mid Cap Managed Volatility Portfolio‡		12,415,302		77,817,034
ATM Small Cap Managed Volatility Portfolio‡		55,964,106		514,654,039
EQ/AB Small Cap Growth Portfolio‡		18,919,554		264,757,343
EQ/BlackRock Basic Value Equity Portfolio‡		7,175,778		121,149,508
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		7,112,454		81,092,795
EQ/Global Equity Managed Volatility Portfolio‡		17,551,109		254,238,976
EQ/International Core Managed Volatility Portfolio‡		17,822,141		155,116,241
EQ/International Equity Index Portfolio‡		2,439,939		17,993,586
EQ/International Value Managed Volatility Portfolio‡		15,332,380		149,893,282
EQ/JPMorgan Value Opportunities Portfolio‡		8,487,893		108,086,052
EQ/Large Cap Core Managed Volatility Portfolio‡		31,582,306		299,423,000
EQ/Large Cap Growth Index Portfolio‡		943,636		13,509,898
EQ/Large Cap Growth Managed Volatility Portfolio‡		6,088,027		196,853,509
EQ/Large Cap Value Managed Volatility Portfolio‡		14,259,497		208,565,964
EQ/Loomis Sayles Growth Portfolio‡		11,042,843		89,874,956
EQ/MFS International Growth Portfolio‡		43,422,287		290,004,693
EQ/Morgan Stanley Small Cap Growth Portfolio‡		11,869,557		98,345,225
EQ/T. Rowe Price Growth Stock Portfolio*‡		1,023,596		48,952,678
Multimanager Mid Cap Growth Portfolio*‡		3,273,573		27,752,960
Multimanager Mid Cap Value Portfolio‡		2,399,553		24,693,199
Total Equity				5,227,538,287
Fixed Income (28.8%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		12,948,801		125,501,997
1290 VT High Yield Bond Portfolio‡		3,855,764		33,255,686
EQ/Core Bond Index Portfolio‡		56,077,500		579,327,376
EQ/Global Bond PLUS Portfolio‡		1,266,896		11,911,736
EQ/Intermediate Government Bond Portfolio‡		70,336,160		759,474,122
EQ/PIMCO Ultra Short Bond Portfolio‡		32,592,452		312,994,950
EQ/Quality Bond PLUS Portfolio‡		12,282,686		110,598,228
Multimanager Core Bond Portfolio‡		18,889,622		188,880,948
Total Fixed Income				2,121,945,043
Total Investments in Securities (99.9%) (Cost $6,398,367,965)				7,349,483,330
Other Assets Less Liabilities (0.1%)				5,350,550
Net Assets (100%)			$	7,354,833,880

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

13

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EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		35,794,117		143,950,406		14,000,000		(4,016,096	)		(11,540	)		(42,010,447	)		111,912,323		—		—
1290 VT GAMCO Small Company Value Portfolio		3,683,435		160,009,532		47,799,999		(6,385,445	)		276,174			(48,688,609	)		153,011,651		—		—
1290 VT Micro Cap Portfolio		6,458,923		60,613,797		6,800,000		(2,008,048	)		62,092			(16,254,163	)		49,213,678		—		—
1290 VT Small Cap Value Portfolio		10,294,316		92,385,236		13,219,999		(2,677,397	)		(4,911	)		(34,501,126	)		68,421,801		—		—
ATM Large Cap Managed Volatility Portfolio		88,811,595		1,468,101,005		—		(100,846,405	)		(2,912,295	)		(183,449,596	)		1,180,892,709		—		—
ATM Mid Cap Managed Volatility Portfolio		12,415,302		79,366,242		18,250,000		(3,346,747	)		9,985			(16,462,446	)		77,817,034		—		—
ATM Small Cap Managed Volatility Portfolio		55,964,106		585,303,741		82,850,000		(14,725,686	)		41,430			(138,815,446	)		514,654,039		—		—
ATM International Managed Volatility Portfolio		73,274,721		774,095,233		32,000,001		(23,427,227	)		142,444			(161,499,264	)		621,311,187		—		—
EQ/AB Small Cap Growth Portfolio		18,919,554		293,023,927		49,000,000		(10,709,590	)		282,953			(66,839,947	)		264,757,343		—		—
EQ/BlackRock Basic Value Equity Portfolio		7,175,778		181,399,133		—		(12,274,144	)		2,697,615			(50,673,096	)		121,149,508		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		7,112,454		89,603,564		17,680,000		(2,008,048	)		(14,435	)		(24,168,286	)		81,092,795		—		—
EQ/Global Equity Managed Volatility Portfolio		17,551,109		297,279,602		21,199,999		(8,032,192	)		123,667			(56,332,100	)		254,238,976		—		—
EQ/International Core Managed Volatility Portfolio		17,822,141		194,936,130		7,999,999		(5,354,795	)		(49,039	)		(42,416,054	)		155,116,241		—		—
EQ/International Equity Index Portfolio		2,439,939		37,261,850		—		(12,988,699	)		5,671,501			(11,951,066	)		17,993,586		—		—
EQ/International Value Managed Volatility Portfolio		15,332,380		154,992,987		40,800,000		(3,346,747	)		(12,286	)		(42,540,672	)		149,893,282		—		—
EQ/JPMorgan Value Opportunities Portfolio		8,487,893		139,503,182		16,000,000		(4,016,096	)		558			(43,401,592	)		108,086,052		—		—
EQ/Large Cap Core Managed Volatility Portfolio		31,582,306		367,706,429		—		(11,378,938	)		(396,906	)		(56,507,585	)		299,423,000		—		—
EQ/Large Cap Growth Index Portfolio		943,636		15,749,169		—		—			—			(2,239,271	)		13,509,898		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		6,088,027		262,887,758		—		(45,401,542	)		18,875,710			(39,508,417	)		196,853,509		—		—
EQ/Large Cap Value Managed Volatility Portfolio		14,259,497		256,629,149		10,000,001		(7,362,843	)		(429,182	)		(50,271,161	)		208,565,964		—		—
EQ/Loomis Sayles Growth Portfolio		11,042,843		105,672,841		—		(3,346,748	)		(7,361	)		(12,443,776	)		89,874,956		—		—
EQ/MFS International Growth Portfolio		43,422,287		348,348,593		17,999,999		(12,048,288	)		2,917,414			(67,213,025	)		290,004,693		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		11,869,557		125,239,143		4,000,001		(5,516,096	)		168,203			(25,546,026	)		98,345,225		—		—

See Notes to Portfolio of Investments.

14

AXA PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/T. Rowe Price Growth Stock Portfolio*		1,023,596		59,511,049		—		(2,008,048	)		385,418			(8,935,741	)		48,952,678		—		—
Multimanager Mid Cap Growth Portfolio*		3,273,573		24,589,219		9,000,000		(669,349	)		814			(5,167,724	)		27,752,960		—		—
Multimanager Mid Cap Value Portfolio		2,399,553		21,577,495		11,679,999		(669,349	)		(997	)		(7,893,949	)		24,693,199		—		—
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		12,948,801		123,778,078		8,800,001		(1,338,699	)		118			(5,737,501	)		125,501,997		—		—
1290 VT High Yield Bond Portfolio		3,855,764		35,890,440		2,500,001		(1,338,699	)		(17,118	)		(3,778,938	)		33,255,686		—		—
EQ/Core Bond Index Portfolio		56,077,500		674,269,964		47,999,999		(159,699,830	)		9,654,154			7,103,089			579,327,376		—		—
EQ/Global Bond PLUS Portfolio		1,266,896		11,821,251		—		—			—			90,485			11,911,736		—		—
EQ/Intermediate Government Bond Portfolio		70,336,160		899,936,374		6,500,000		(181,346,817	)		5,258,461			29,126,104			759,474,122		—		—
EQ/PIMCO Ultra Short Bond Portfolio		32,592,452		364,062,426		—		(42,248,939	)		291,085			(9,109,622	)		312,994,950		—		—
EQ/Quality Bond PLUS Portfolio		12,282,686		151,963,544		1,999,999		(48,975,445	)		1,861,564			3,748,566			110,598,228		—		—
Multimanager Core Bond Portfolio		18,889,622		203,815,388		17,002,814		(32,306,747	)		16,842			352,651			188,880,948		1,388,315		—
Total				8,805,273,877		505,082,811		(771,819,739	)		44,882,132			(1,233,935,751	)		7,349,483,330		1,388,315		—

See Notes to Portfolio of Investments.

15

AXA PREMIER VIP TRUST

EQ/MODERATE-PLUS ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices  in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant  unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	7,349,483,330	$	—	$	7,349,483,330
Total Assets	$	—	$	7,349,483,330	$	—	$	7,349,483,330
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	7,349,483,330	$	—	$	7,349,483,330

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	1,179,050,585
Aggregate gross unrealized depreciation		(296,358,036	)
Net unrealized appreciation	$	882,692,549
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	6,466,790,781

See Notes to Portfolio of Investments.

16

AXA PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (90.7%)
1290 VT Equity Income Portfolio‡		19,379,744	$	60,591,860
1290 VT GAMCO Small Company Value Portfolio‡		1,412,726		58,685,306
1290 VT Micro Cap Portfolio‡		2,703,754		20,601,221
1290 VT Small Cap Value Portfolio‡		3,457,400		22,979,822
ATM International Managed Volatility Portfolio‡		34,831,050		295,339,524
ATM Large Cap Managed Volatility Portfolio‡		46,248,395		614,946,642
ATM Mid Cap Managed Volatility Portfolio‡		5,997,529		37,591,506
ATM Small Cap Managed Volatility Portfolio‡		22,650,611		208,298,310
EQ/AB Small Cap Growth Portfolio‡		5,964,734		83,469,578
EQ/BlackRock Basic Value Equity Portfolio‡		4,194,002		70,807,830
EQ/Franklin Small Cap Value Managed Volatility Portfolio‡		2,794,431		31,860,767
EQ/Global Equity Managed Volatility Portfolio‡		7,793,520		112,894,095
EQ/International Core Managed Volatility Portfolio‡		7,108,558		61,869,827
EQ/International Equity Index Portfolio‡		1,871,845		13,804,117
EQ/International Value Managed Volatility Portfolio‡		7,392,213		72,268,169
EQ/JPMorgan Value Opportunities Portfolio‡		3,384,852		43,103,197
EQ/Large Cap Core Managed Volatility Portfolio‡		16,232,656		153,897,264
EQ/Large Cap Growth Index Portfolio‡		355,637		5,091,610
EQ/Large Cap Growth Managed Volatility Portfolio‡		3,490,115		112,851,243
EQ/Large Cap Value Managed Volatility Portfolio‡		8,256,187		120,758,793
EQ/Loomis Sayles Growth Portfolio‡		6,953,296		56,591,151
EQ/MFS International Growth Portfolio‡		20,637,683		137,833,016
EQ/Morgan Stanley Small Cap Growth Portfolio‡		5,453,824		45,187,661
EQ/T. Rowe Price Growth Stock Portfolio*‡		334,684		16,005,992
Multimanager Mid Cap Growth Portfolio*‡		1,183,261		10,031,549
Multimanager Mid Cap Value Portfolio‡		684,748		7,046,568
Total Equity				2,474,406,618
Fixed Income (9.2%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		2,233,347		21,645,981
1290 VT High Yield Bond Portfolio‡		460,490		3,971,695
EQ/Core Bond Index Portfolio‡		6,835,151		70,612,815
EQ/Intermediate Government Bond Portfolio‡		8,373,305		90,413,073
EQ/PIMCO Ultra Short Bond Portfolio‡		3,350,027		32,171,296
EQ/Quality Bond PLUS Portfolio‡		1,465,659		13,197,382
Multimanager Core Bond Portfolio‡		1,948,777		19,486,190
Total Fixed Income				251,498,432
Total Investments in Securities (99.9%) (Cost $2,328,187,116)				2,725,905,050
Other Assets Less Liabilities (0.1%)				1,806,192
Net Assets (100%)			$	2,727,711,242

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

17

AXA PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Equity Income Portfolio		19,379,744		76,886,798		8,070,216		(1,708,712	)		(9,362	)		(22,647,080	)		60,591,860		—		—
1290 VT GAMCO Small Company Value Portfolio		1,412,726		81,303,421		3,887,769		(2,135,890	)		45,258			(24,415,252	)		58,685,306		—		—
1290 VT Micro Cap Portfolio		2,703,754		27,794,119		976,332		(640,767	)		19,190			(7,547,653	)		20,601,221		—		—
1290 VT Small Cap Value Portfolio		3,457,400		31,468,629		3,918,886		(1,067,945	)		12,255			(11,352,003	)		22,979,822		—		—
ATM Large Cap Managed Volatility Portfolio		46,248,395		762,143,092		807,481		(50,250,188	)		(2,853,985	)		(94,899,758	)		614,946,642		—		—
ATM Mid Cap Managed Volatility Portfolio		5,997,529		43,708,028		4,043,886		(1,067,945	)		(19,464	)		(9,072,999	)		37,591,506		—		—
ATM Small Cap Managed Volatility Portfolio		22,650,611		269,057,214		7,525,647		(5,126,136	)		8,154			(63,166,569	)		208,298,310		—		—
ATM International Managed Volatility Portfolio		34,831,050		377,564,282		5,351,078		(8,543,560	)		44,911			(79,077,187	)		295,339,524		—		—
EQ/AB Small Cap Growth Portfolio		5,964,734		107,732,682		3,949,208		(3,631,013	)		106,746			(24,688,045	)		83,469,578		—		—
EQ/BlackRock Basic Value Equity Portfolio		4,194,002		103,070,056		105,324		(4,563,068	)		4,905			(27,809,387	)		70,807,830		—		—
EQ/Franklin Small Cap Value Managed Volatility Portfolio		2,794,431		41,828,346		1,935,108		(854,356	)		(5,990	)		(11,042,341	)		31,860,767		—		—
EQ/Global Equity Managed Volatility Portfolio		7,793,520		142,383,415		890,431		(3,417,424	)		(7,624	)		(26,954,703	)		112,894,095		—		—
EQ/International Core Managed Volatility Portfolio		7,108,558		80,296,541		1,346,546		(2,349,479	)		(3,098	)		(17,420,683	)		61,869,827		—		—
EQ/International Equity Index Portfolio		1,871,845		30,975,533		43,886		(12,167,945	)		5,029,030			(10,076,387	)		13,804,117		—		—
EQ/International Value Managed Volatility Portfolio		7,392,213		82,915,324		16,643,884		(1,067,945	)		(5,090	)		(26,218,004	)		72,268,169		—		—
EQ/JPMorgan Value Opportunities Portfolio		3,384,852		53,356,283		8,061,439		(1,495,123	)		(13,413	)		(16,805,989	)		43,103,197		—		—
EQ/Large Cap Core Managed Volatility Portfolio		16,232,656		187,489,263		193,095		(4,698,958	)		(70,817	)		(29,015,319	)		153,897,264		—		—
EQ/Large Cap Growth Index Portfolio		355,637		5,935,546		—		—			—			(843,936	)		5,091,610		—		—
EQ/Large Cap Growth Managed Volatility Portfolio		3,490,115		136,381,586		140,431		(11,117,424	)		767,763			(13,321,113	)		112,851,243		—		—
EQ/Large Cap Value Managed Volatility Portfolio		8,256,187		144,715,389		8,140,431		(3,417,424	)		(142,609	)		(28,536,994	)		120,758,793		—		—
EQ/Loomis Sayles Growth Portfolio		6,953,296		66,229,227		78,992		(1,922,301	)		34,007			(7,828,774	)		56,591,151		—		—
EQ/MFS International Growth Portfolio		20,637,683		179,270,477		1,228,200		(10,553,314	)		2,317,049			(34,429,396	)		137,833,016		—		—
EQ/Morgan Stanley Small Cap Growth Portfolio		5,453,824		58,955,816		61,439		(1,495,123	)		65,004			(12,399,475	)		45,187,661		—		—

See Notes to Portfolio of Investments.

18

AXA PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/T. Rowe Price Growth Stock Portfolio*		334,684		19,397,945		26,331		(640,767	)		126,668			(2,904,185	)		16,005,992		—		—
Multimanager Mid Cap Growth Portfolio*		1,183,261		10,304,052		2,008,777		(213,589	)		(242	)		(2,067,449	)		10,031,549		—		—
Multimanager Mid Cap Value Portfolio		684,748		7,689,679		2,008,777		(213,589	)		(6,392	)		(2,431,907	)		7,046,568		—		—
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		2,233,347		24,411,961		8,776		(1,713,589	)		(37,681	)		(1,023,486	)		21,645,981		—		—
1290 VT High Yield Bond Portfolio		460,490		4,268,680		149,999		—			—			(446,984	)		3,971,695		—		—
EQ/Core Bond Index Portfolio		6,835,151		74,803,848		10,746,547		(16,849,479	)		436,692			1,475,207			70,612,815		—		—
EQ/Intermediate Government Bond Portfolio		8,373,305		104,043,569		131,655		(17,743,835	)		539,916			3,441,768			90,413,073		—		—
EQ/PIMCO Ultra Short Bond Portfolio		3,350,027		35,553,189		43,885		(2,567,945	)		27,280			(885,113	)		32,171,296		—		—
EQ/Quality Bond PLUS Portfolio		1,465,659		11,466,968		5,008,778		(3,813,589	)		67,693			467,532			13,197,382		—		—
Multimanager Core Bond Portfolio		1,948,777		21,731,832		1,724,678		(4,027,178	)		1,223			55,635			19,486,190		146,900		—
Total				3,405,132,790		99,257,912		(181,075,600	)		6,477,977			(603,888,029	)		2,725,905,050		146,900		—

See Notes to Portfolio of Investments.

19

AXA PREMIER VIP TRUST

EQ/AGGRESSIVE ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices  in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant  unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	2,725,905,050	$	—	$	2,725,905,050
Total Assets	$	—	$	2,725,905,050	$	—	$	2,725,905,050
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	2,725,905,050	$	—	$	2,725,905,050

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	534,358,293
Aggregate gross unrealized depreciation		(166,952,292	)
Net unrealized appreciation	$	367,406,001
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	2,358,499,049

See Notes to Portfolio of Investments.

20

AXA PREMIER VIP TRUST

CHARTER^SM CONSERVATIVE PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
EXCHANGE TRADED FUNDS (ETF):
Commodity (0.4%)
Invesco DB Base Metals Fund		1,320	$	16,302
Invesco DB Commodity Index Tracking Fund		4,390		49,387
Invesco DB Gold Fund		1,870		87,142
Invesco DB Silver Fund		400		8,092
Total Commodity				160,923
Equity (2.1%)
Invesco S&P 500 BuyWrite ETF		11,450		191,558
iShares Global Infrastructure ETF		6,240		213,096
iShares Micro-Cap ETF		640		42,899
iShares MSCI EAFE Small-Cap ETF		7,570		339,363
iShares U.S. Oil & Gas Exploration & Production ETF		3,840		87,706
Total Equity				874,622
Fixed Income (22.1%)
iShares Floating Rate Bond ETF		39,520		1,926,205
iShares International Treasury Bond ETF		1,640		80,868
iShares JP Morgan USD Emerging Markets Bond ETF		30,420		2,941,005
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		43,030		1,013,787
Vanguard Short-Term Inflation-Protected Securities ETF		10,180		495,970
Vanguard Total International Bond ETF		47,110		2,650,409
Total Fixed Income				9,108,244
Specialty (0.4%)
Invesco DB G10 Currency Harvest Fund		7,390		163,878
Total Exchange Traded Funds (25.0%) (Cost $11,079,264)				10,307,667
INVESTMENT COMPANIES:
Alternatives (10.9%)
1290 VT Convertible Securities Portfolio‡		341,480		3,493,190
1290 VT Energy Portfolio‡		11,414		32,185
1290 VT GAMCO Mergers & Acquisitions Portfolio‡		55,599		552,371
1290 VT Natural Resources Portfolio‡		10,266		48,087
1290 VT Real Estate Portfolio‡		14,285		118,926
AQR Managed Futures Strategy Fund, Institutional Class		8,210		70,439
BlackRock Global Long/Short Credit Fund, Institutional Class		10,342		94,938
Franklin K2 Alternative Strategies Fund, Advisor Class		8,608		92,532
Total Alternatives				4,502,668
Equity (20.1%)
1290 VT GAMCO Small Company Value Portfolio‡		11,430		474,811
1290 VT Low Volatility Global Equity Portfolio‡		19,569		198,786
1290 VT Micro Cap Portfolio‡		27,176		207,067
1290 VT SmartBeta Equity Portfolio‡		17,305		203,142
EQ/AB Small Cap Growth Portfolio‡		34,025		476,134
EQ/BlackRock Basic Value Equity Portfolio‡		20,305		342,815
EQ/Capital Guardian Research Portfolio‡		41,843		886,927
EQ/ClearBridge Large Cap Growth Portfolio‡		37,556		436,826
EQ/Emerging Markets Equity PLUS Portfolio‡		59,339		437,278
EQ/International Equity Index Portfolio‡		156,617		1,154,986
EQ/Invesco Comstock Portfolio‡		38,591		466,946
EQ/Janus Enterprise Portfolio‡		43,507		708,657
EQ/MFS International Growth Portfolio‡		99,637		665,447
EQ/T. Rowe Price Growth Stock Portfolio*‡		9,424		450,695
Financial Investors Trust - Listed Private Equity Fund, Institutional Class		1,975		10,131
MSIF Frontier Markets Portfolio, Institutional Class		13,209		157,978
Multimanager Mid Cap Value Portfolio‡		61,767		635,624
Templeton Emerging Markets Small Cap Fund, Advisor Class		17,942		157,892
Templeton Global Smaller Companies Fund, Advisor Class		28,269		191,100
Total Equity				8,263,242
Fixed Income (43.5%)
1290 VT High Yield Bond Portfolio‡		224,886		1,939,622
Eaton Vance Floating-Rate Fund, Institutional Class		145,365		1,120,761
EQ/Global Bond PLUS Portfolio‡		311,776		2,931,408
EQ/Intermediate Government Bond Portfolio‡		271,910		2,936,027
EQ/PIMCO Global Real Return Portfolio‡		271,730		2,694,081
EQ/PIMCO Ultra Short Bond Portfolio‡		308,462		2,962,248
Multimanager Core Bond Portfolio‡		295,379		2,953,553
PIMCO International Bond Fund Unhedged, Institutional Class		43,345		382,740
Total Fixed Income				17,920,440
Total Investment Companies (74.5%) (Cost $32,347,562)				30,686,350
Total Investments in Securities (99.5%) (Cost $43,426,826)				40,994,017
Other Assets Less Liabilities (0.5%)				201,320
Net Assets (100%)			$	41,195,337

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

21

AXA PREMIER VIP TRUST

CHARTER^SM CONSERVATIVE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Alternatives
1290 VT Convertible Securities Portfolio		341,480		3,600,304		614,523		(252,249	)		3,950			(473,338	)		3,493,190		—		—
1290 VT Energy Portfolio		11,414		58,578		8,672		(4,746	)		(202	)		(30,117	)		32,185		—		—
1290 VT GAMCO Mergers & Acquisitions Portfolio		55,599		547,304		140,095		(33,219	)		(391	)		(101,418	)		552,371		—		—
1290 VT Natural Resources Portfolio		10,266		71,632		8,671		(4,746	)		(136	)		(27,334	)		48,087		—		—
1290 VT Real Estate Portfolio		14,285		155,993		17,342		(9,491	)		(237	)		(44,681	)		118,926		—		—
Equity
1290 VT GAMCO Small Company Value Portfolio		11,430		423,068		202,153		(23,728	)		(530	)		(126,152	)		474,811		—		—
1290 VT Low Volatility Global Equity Portfolio,		19,569		235,712		26,013		(14,237	)		(93	)		(48,609	)		198,786		—		—
1290 VT Micro Cap Portfolio,		27,176		169,064		94,941		(9,491	)		(27	)		(47,420	)		207,067		—		—
1290 VT SmartBeta Equity Portfolio		17,305		235,357		26,007		(14,237	)		137			(44,122	)		203,142		—		—
EQ/AB Small Cap Growth Portfolio		34,025		438,269		161,554		(23,728	)		(352	)		(99,609	)		476,134		—		—
EQ/BlackRock Basic Value Equity Portfolio		20,305		449,110		43,354		(23,728	)		(519	)		(125,402	)		342,815		—		—
EQ/Capital Guardian Research Portfolio		41,843		875,075		253,577		(73,501	)		(227	)		(167,997	)		886,927		—		—
EQ/ClearBridge Large Cap Growth Portfolio		37,556		457,249		92,623		(49,773	)		(786	)		(62,487	)		436,826		—		—
EQ/Emerging Markets Equity PLUS Portfolio		59,339		458,394		122,754		(23,728	)		(22	)		(120,120	)		437,278		—		—
EQ/International Equity Index Portfolio		156,617		1,068,413		414,218		(61,692	)		(794	)		(265,159	)		1,154,986		—		—
EQ/Invesco Comstock Portfolio		38,591		452,478		193,523		(28,473	)		(420	)		(150,162	)		466,946		—		—
EQ/Janus Enterprise Portfolio		43,507		685,687		269,964		(80,564	)		1,038			(167,468	)		708,657		—		—
EQ/MFS International Growth Portfolio		99,637		693,831		169,063		(80,564	)		(59	)		(116,824	)		665,447		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		9,424		465,247		112,924		(71,073	)		4,145			(60,548	)		450,695		—		—
Multimanager Mid Cap Value Portfolio		61,767		667,006		226,365		(37,964	)		(998	)		(218,785	)		635,624		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		224,886		2,046,607		225,437		(123,384	)		(1,342	)		(207,696	)		1,939,622		—		—
EQ/Global Bond PLUS Portfolio		311,776		3,172,127		389,422		(648,021	)		392			17,488			2,931,408		—		—
EQ/Intermediate Government Bond Portfolio		271,910		3,167,273		389,424		(745,021	)		6,081			118,270			2,936,027		—		—
EQ/PIMCO Global Real Return Portfolio		271,730		2,686,495		337,400		(326,148	)		(704	)		(2,962	)		2,694,081		—		—
EQ/PIMCO Ultra Short Bond Portfolio		308,462		3,176,724		368,124		(500,221	)		(5,907	)		(76,472	)		2,962,248		—		—
Multimanager Core Bond Portfolio		295,379		3,173,188		382,619		(607,421	)		1,035			4,132			2,953,553		20,523		—
Total				29,630,185		5,290,762		(3,871,148	)		3,032			(2,644,992	)		28,407,839		20,523		—

See Notes to Portfolio of Investments.

22

AXA PREMIER VIP TRUST

CHARTER^SM CONSERVATIVE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Exchange Traded Funds
Exchange Traded Funds	$	10,307,667	$	—	$	—	$	10,307,667
Investment Companies
Investment Companies		2,278,511		28,407,839		—		30,686,350
Total Assets	$	12,586,178	$	28,407,839	$	—	$	40,994,017
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	12,586,178	$	28,407,839	$	—	$	40,994,017

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	340,134
Aggregate gross unrealized depreciation		(2,782,917	)
Net unrealized depreciation	$	(2,442,783	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	43,436,800

See Notes to Portfolio of Investments.

23

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
EXCHANGE TRADED FUNDS (ETF):
Commodity (1.0%)
Invesco DB Base Metals Fund		3,010	$	37,174
Invesco DB Commodity Index Tracking Fund		6,830		76,837
Invesco DB Gold Fund		4,280		199,448
Invesco DB Silver Fund		1,090		22,051
Total Commodity				335,510
Equity (2.4%)
Invesco S&P 500 BuyWrite ETF		13,890		232,380
iShares Global Infrastructure ETF		6,950		237,342
iShares Micro-Cap ETF		800		53,624
iShares MSCI EAFE Small-Cap ETF		5,130		229,978
iShares U.S. Oil & Gas Exploration & Production ETF		3,460		79,026
Total Equity				832,350
Fixed Income (17.3%)
iShares Floating Rate Bond ETF		29,960		1,460,251
iShares International Treasury Bond ETF		2,040		100,592
iShares JP Morgan USD Emerging Markets Bond ETF		18,650		1,803,082
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		28,870		680,177
Vanguard Short-Term Inflation-Protected Securities ETF		6,500		316,680
Vanguard Total International Bond ETF		29,870		1,680,486
Total Fixed Income				6,041,268
Specialty (0.8%)
Invesco DB G10 Currency Harvest Fund		12,470		276,530
Total Exchange Traded Funds (21.5%) (Cost $8,277,883)				7,485,658
INVESTMENT COMPANIES:
Alternatives (12.3%)
1290 VT Convertible Securities Portfolio‡		227,945		2,331,774
1290 VT Energy Portfolio‡		45,580		128,523
1290 VT GAMCO Mergers & Acquisitions Portfolio‡		60,603		602,082
1290 VT Natural Resources Portfolio‡		40,971		191,918
1290 VT Real Estate Portfolio‡		34,263		285,242
AQR Managed Futures Strategy Fund, Institutional Class		34,342		294,659
BlackRock Global Long/Short Credit Fund, Institutional Class		31,199		286,405
Franklin K2 Alternative Strategies Fund, Advisor Class		14,548		156,395
Total Alternatives				4,276,998
Equity (35.4%)
1290 VT GAMCO Small Company Value Portfolio‡		16,772		696,734
1290 VT Low Volatility Global Equity Portfolio‡		30,211		306,896
1290 VT Micro Cap Portfolio‡		35,921		273,698
1290 VT SmartBeta Equity Portfolio‡		24,565		288,364
EQ/AB Small Cap Growth Portfolio‡		50,596		708,036
EQ/BlackRock Basic Value Equity Portfolio‡		31,297		528,398
EQ/Capital Guardian Research Portfolio‡		60,652		1,285,615
EQ/ClearBridge Large Cap Growth Portfolio‡		54,982		639,510
EQ/Emerging Markets Equity PLUS Portfolio‡		88,902		655,136
EQ/International Equity Index Portfolio‡		223,498		1,648,208
EQ/Invesco Comstock Portfolio‡		58,066		702,589
EQ/Janus Enterprise Portfolio‡		61,600		1,003,363
EQ/MFS International Growth Portfolio‡		146,304		977,124
EQ/T. Rowe Price Growth Stock Portfolio*‡		13,945		666,902
Financial Investors Trust - Listed Private Equity Fund, Institutional Class		43,858		224,990
MSIF Frontier Markets Portfolio, Institutional Class		20,573		246,051
Multimanager Mid Cap Value Portfolio‡		91,602		942,655
Templeton Emerging Markets Small Cap Fund, Advisor Class		27,397		241,091
Templeton Global Smaller Companies Fund, Advisor Class		48,315		326,609
Total Equity				12,361,969
Fixed Income (30.3%)
1290 VT High Yield Bond Portfolio‡		131,908		1,137,697
Eaton Vance Floating-Rate Fund, Institutional Class		74,044		570,876
EQ/Core Bond Index Portfolio‡		2,206		22,789
EQ/Global Bond PLUS Portfolio‡		185,523		1,744,342
EQ/Intermediate Government Bond Portfolio‡		159,936		1,726,952
EQ/PIMCO Global Real Return Portfolio‡		160,180		1,588,112
EQ/PIMCO Ultra Short Bond Portfolio‡		179,188		1,720,796
Multimanager Core Bond Portfolio‡		179,008		1,789,938
PIMCO International Bond Fund Unhedged, Institutional Class		29,831		263,406
Total Fixed Income				10,564,908
Total Investment Companies (78.0%) (Cost $29,849,759)				27,203,875
Total Investments in Securities (99.5%) (Cost $38,127,642)				34,689,533
Other Assets Less Liabilities (0.5%)				164,891
Net Assets (100%)			$	34,854,424

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

24

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Alternatives
1290 VT Convertible Securities Portfolio		227,945		2,683,166		183,594		(199,226	)		2,127			(337,887	)		2,331,774		—		—
1290 VT Energy Portfolio		45,580		164,481		55,164		(9,575	)		(278	)		(81,269	)		128,523		—		—
1290 VT GAMCO Mergers & Acquisitions Portfolio		60,603		622,130		138,061		(38,301	)		(424	)		(119,384	)		602,082		—		—
1290 VT Natural Resources Portfolio		40,971		155,806		94,416		(9,575	)		(28	)		(48,701	)		191,918		—		—
1290 VT Real Estate Portfolio		34,263		356,175		46,831		(19,150	)		(147	)		(98,467	)		285,242		—		—
Equity
1290 VT GAMCO Small Company Value Portfolio		16,772		747,016		239,242		(83,488	)		107			(206,143	)		696,734		—		—
1290 VT Low Volatility Global Equity Portfolio		30,211		391,271		17,912		(23,938	)		(58	)		(78,291	)		306,896		—		—
1290 VT Micro Cap Portfolio		35,921		280,690		79,748		(14,363	)		(44	)		(72,333	)		273,698		—		—
1290 VT SmartBeta Equity Portfolio		24,565		359,146		17,912		(23,938	)		219			(64,975	)		288,364		—		—
EQ/AB Small Cap Growth Portfolio		50,596		702,028		202,742		(43,088	)		(77	)		(153,569	)		708,036		—		—
EQ/BlackRock Basic Value Equity Portfolio		31,297		742,044		32,244		(43,088	)		(140	)		(202,662	)		528,398		—		—
EQ/Capital Guardian Research Portfolio		60,652		1,438,653		238,985		(126,576	)		15			(265,462	)		1,285,615		—		—
EQ/ClearBridge Large Cap Growth Portfolio		54,982		755,956		68,742		(83,488	)		(980	)		(100,720	)		639,510		—		—
EQ/Emerging Markets Equity PLUS Portfolio		88,902		733,905		151,993		(43,088	)		(55	)		(187,619	)		655,136		—		—
EQ/International Equity Index Portfolio		223,498		1,802,267		445,397		(150,514	)		7			(448,949	)		1,648,208		—		—
EQ/Invesco Comstock Portfolio		58,066		719,554		261,744		(43,088	)		44			(235,665	)		702,589		—		—
EQ/Janus Enterprise Portfolio		61,600		1,104,460		279,405		(107,426	)		430			(273,506	)		1,003,363		—		—
EQ/MFS International Growth Portfolio		146,304		1,119,286		152,072		(102,638	)		448			(192,044	)		977,124		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		13,945		754,297		97,243		(83,488	)		4,103			(105,253	)		666,902		—		—
Multimanager Mid Cap Value Portfolio		91,602		1,075,726		290,071		(62,238	)		19			(360,923	)		942,655		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		131,908		1,402,964		104,886		(224,176	)		(16,559	)		(129,418	)		1,137,697		—		—
EQ/Core Bond Index Portfolio		2,206		22,235		—		2			—	#		552			22,789		—		—
EQ/Global Bond PLUS Portfolio		185,523		2,214,727		140,711		(627,052	)		682			15,274			1,744,342		—		—
EQ/Intermediate Government Bond Portfolio		159,936		2,183,719		140,712		(682,052	)		12,701			71,872			1,726,952		—		—
EQ/PIMCO Global Real Return Portfolio		160,180		1,865,583		126,380		(404,902	)		(252	)		1,303			1,588,112		—		—

See Notes to Portfolio of Investments.

25

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
EQ/PIMCO Ultra Short Bond Portfolio		179,188		2,195,099		140,711		(562,302	)		(8,808	)		(43,904	)		1,720,796		—		—
Multimanager Core Bond Portfolio		179,008		2,223,082		113,971		(556,340	)		3,722			5,503			1,789,938		13,730		—
Total				28,815,466		3,860,889		(4,367,096	)		(3,226	)		(3,712,640	)		24,593,393		13,730		—

# Amount represents less than $0.50.

See Notes to Portfolio of Investments.

26

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Exchange Traded Funds
Exchange Traded Funds	$	7,485,658	$	—	$	—	$	7,485,658
Investment Companies
Investment Companies		2,610,482		24,593,393		—		27,203,875
Total Assets	$	10,096,140	$	24,593,393	$	—	$	34,689,533
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	10,096,140	$	24,593,393	$	—	$	34,689,533

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	384,195
Aggregate gross unrealized depreciation		(3,790,795	)
Net unrealized depreciation	$	(3,406,600	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	38,096,133

See Notes to Portfolio of Investments.

27

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
EXCHANGE TRADED FUNDS (ETF):
Commodity (1.8%)
Invesco DB Base Metals Fund		6,660	$	82,251
Invesco DB Commodity Index Tracking Fund		13,750		154,687
Invesco DB Gold Fund		6,130		285,658
Invesco DB Silver Fund		1,350		27,311
Total Commodity				549,907
Equity (3.8%)
Invesco S&P 500 BuyWrite ETF		17,580		294,113
iShares Global Infrastructure ETF		8,680		296,422
iShares Micro-Cap ETF		940		63,008
iShares MSCI EAFE Small-Cap ETF		8,220		368,503
iShares U.S. Oil & Gas Exploration & Production ETF		5,770		131,787
Total Equity				1,153,833
Fixed Income (13.3%)
iShares Floating Rate Bond ETF		22,370		1,090,314
iShares International Treasury Bond ETF		1,730		85,306
iShares JP Morgan USD Emerging Markets Bond ETF		11,970		1,157,260
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		17,450		411,122
Vanguard Short-Term Inflation-Protected Securities ETF		4,250		207,060
Vanguard Total International Bond ETF		19,450		1,094,257
Total Fixed Income				4,045,319
Specialty (1.0%)
Invesco DB G10 Currency Harvest Fund		14,365		318,552
Total Exchange Traded Funds (19.9%) (Cost $6,820,444)				6,067,611
INVESTMENT COMPANIES:
Alternatives (13.3%)
1290 VT Convertible Securities Portfolio‡		159,572		1,632,352
1290 VT Energy Portfolio‡		65,395		184,396
1290 VT GAMCO Mergers & Acquisitions Portfolio‡		64,801		643,792
1290 VT Natural Resources Portfolio‡		55,554		260,227
1290 VT Real Estate Portfolio‡		47,740		397,441
AQR Managed Futures Strategy Fund, Institutional Class		43,272		371,272
BlackRock Global Long/Short Credit Fund, Institutional Class		44,555		409,019
Franklin K2 Alternative Strategies Fund, Advisor Class		14,447		155,308
Total Alternatives				4,053,807
Equity (44.9%)
1290 VT GAMCO Small Company Value Portfolio‡		17,908		743,927
1290 VT Low Volatility Global Equity Portfolio‡		33,924		344,618
1290 VT Micro Cap Portfolio‡		40,558		309,034
1290 VT SmartBeta Equity Portfolio‡		28,816		338,267
EQ/AB Small Cap Growth Portfolio‡		55,235		772,953
EQ/BlackRock Basic Value Equity Portfolio‡		35,374		597,227
EQ/Capital Guardian Research Portfolio‡		66,539		1,410,413
EQ/ClearBridge Large Cap Growth Portfolio‡		59,747		694,929
EQ/Emerging Markets Equity PLUS Portfolio‡		98,390		725,052
EQ/International Equity Index Portfolio‡		250,002		1,843,663
EQ/Invesco Comstock Portfolio‡		63,557		769,041
EQ/Janus Enterprise Portfolio‡		68,182		1,110,563
EQ/MFS International Growth Portfolio‡		160,364		1,071,025
EQ/T. Rowe Price Growth Stock Portfolio*‡		14,868		711,046
Financial Investors Trust - Listed Private Equity Fund, Institutional Class		71,842		368,548
MSIF Frontier Markets Portfolio, Institutional Class		23,960		286,561
Multimanager Mid Cap Value Portfolio‡		103,410		1,064,168
Templeton Emerging Markets Small Cap Fund, Advisor Class		32,806		288,696
Templeton Global Smaller Companies Fund, Advisor Class		38,911		263,035
Total Equity				13,712,766
Fixed Income (21.4%)
1290 VT High Yield Bond Portfolio‡		82,694		713,226
Eaton Vance Floating-Rate Fund, Institutional Class		24,222		186,751
EQ/Core Bond Index Portfolio‡		1,544		15,952
EQ/Global Bond PLUS Portfolio‡		120,070		1,128,934
EQ/Intermediate Government Bond Portfolio‡		100,346		1,083,517
EQ/PIMCO Global Real Return Portfolio‡		101,665		1,007,957
EQ/PIMCO Ultra Short Bond Portfolio‡		112,834		1,083,576
Multimanager Core Bond Portfolio‡		114,394		1,143,850
PIMCO International Bond Fund Unhedged, Institutional Class		20,568		181,611
Total Fixed Income				6,545,374
Total Investment Companies (79.6%) (Cost $27,188,397)				24,311,947
Total Investments in Securities (99.5%) (Cost $34,008,841)				30,379,558
Other Assets Less Liabilities (0.5%)				156,383
Net Assets (100%)			$	30,535,941

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

28

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Alternatives
1290 VT Convertible Securities Portfolio		159,572		1,860,248		120,584		(100,279	)		521			(248,722	)		1,632,352		—		—
1290 VT Energy Portfolio		65,395		220,659		96,754		(7,532	)		(819	)		(124,666	)		184,396		—		—
1290 VT GAMCO Mergers & Acquisitions Portfolio		64,801		702,662		109,177		(25,107	)		(519	)		(142,421	)		643,792		—		—
1290 VT Natural Resources Portfolio		55,554		202,170		133,914		(7,532	)		(131	)		(68,194	)		260,227		—		—
1290 VT Real Estate Portfolio		47,740		463,734		83,426		(15,064	)		(140	)		(134,515	)		397,441		—		—
Equity
1290 VT GAMCO Small Company Value Portfolio		17,908		816,327		231,016		(62,618	)		(191	)		(240,607	)		743,927		—		—
1290 VT Low Volatility Global Equity Portfolio		33,924		420,570		27,827		(15,064	)		17			(88,732	)		344,618		—		—
1290 VT Micro Cap Portfolio		40,558		329,302		83,189		(12,554	)		40			(90,943	)		309,034		—		—
1290 VT SmartBeta Equity Portfolio		28,816		437,347		27,828		(50,064	)		1,619			(78,463	)		338,267		—		—
EQ/AB Small Cap Growth Portfolio		55,235		786,598		198,816		(27,618	)		(465	)		(184,378	)		772,953		—		—
EQ/BlackRock Basic Value Equity Portfolio		35,374		801,978		55,654		(30,129	)		(394	)		(229,882	)		597,227		—		—
EQ/Capital Guardian Research Portfolio		66,539		1,618,590		196,870		(92,747	)		(1,209	)		(311,091	)		1,410,413		—		—
EQ/ClearBridge Large Cap Growth Portfolio		59,747		828,678		55,655		(65,129	)		(521	)		(123,754	)		694,929		—		—
EQ/Emerging Markets Equity PLUS Portfolio		98,390		828,276		171,016		(62,618	)		(339	)		(211,283	)		725,052		—		—
EQ/International Equity Index Portfolio		250,002		1,996,554		472,152		(106,754	)		(1,030	)		(517,259	)		1,843,663		—		—
EQ/Invesco Comstock Portfolio		63,557		795,807		271,554		(30,129	)		97			(268,288	)		769,041		—		—
EQ/Janus Enterprise Portfolio		68,182		1,209,602		289,041		(77,682	)		725			(311,123	)		1,110,563		—		—
EQ/MFS International Growth Portfolio		160,364		1,202,183		173,443		(77,682	)		(115	)		(226,804	)		1,071,025		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		14,868		811,569		83,454		(65,129	)		2,316			(121,164	)		711,046		—		—
Multimanager Mid Cap Value Portfolio		103,410		1,208,342		319,243		(42,682	)		(744	)		(419,991	)		1,064,168		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		82,694		903,342		95,292		(184,840	)		(14,316	)		(86,252	)		713,226		—		—
EQ/Core Bond Index Portfolio		1,544		15,564		—		—			—			388			15,952		—		—
EQ/Global Bond PLUS Portfolio		120,070		1,390,668		127,756		(401,315	)		327			11,498			1,128,934		—		—
EQ/Intermediate Government Bond Portfolio		100,346		1,371,587		127,758		(470,615	)		10,872			43,915			1,083,517		—		—
EQ/PIMCO Global Real Return Portfolio		101,665		1,169,442		113,843		(273,582	)		773			(2,519	)		1,007,957		—		—
EQ/PIMCO Ultra Short Bond Portfolio		112,834		1,380,605		162,757		(424,515	)		(7,122	)		(28,149	)		1,083,576		—		—
Multimanager Core Bond Portfolio		114,394		1,385,385		139,049		(386,565	)		3,150			2,831			1,143,850		8,990		—
Total				25,157,789		3,967,068		(3,115,545	)		(7,598	)		(4,200,568	)		21,801,146		8,990		—

See Notes to Portfolio of Investments.

29

AXA PREMIER VIP TRUST

CHARTER^SM MODERATE GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Exchange Traded Funds
Exchange Traded Funds	$	6,067,611	$	—	$	—	$	6,067,611
Investment Companies
Investment Companies		2,510,801		21,801,146		—		24,311,947
Total Assets	$	8,578,412	$	21,801,146	$	—	$	30,379,558
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	8,578,412	$	21,801,146	$	—	$	30,379,558

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	359,583
Aggregate gross unrealized depreciation		(3,962,650	)
Net unrealized depreciation	$	(3,603,067	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	33,982,625

See Notes to Portfolio of Investments.

30

AXA PREMIER VIP TRUST

CHARTER^SM GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
EXCHANGE TRADED FUNDS (ETF):
Commodity (2.9%)
Invesco DB Base Metals Fund		7,280	$	89,908
Invesco DB Commodity Index Tracking Fund		16,450		185,062
Invesco DB Gold Fund		5,645		263,057
Invesco DB Silver Fund		1,530		30,952
Total Commodity				568,979
Equity (5.3%)
Invesco S&P 500 BuyWrite ETF		14,080		235,558
iShares Global Infrastructure ETF		11,070		378,041
iShares Micro-Cap ETF		770		51,613
iShares MSCI EAFE Small-Cap ETF		4,680		209,804
iShares U.S. Oil & Gas Exploration & Production ETF		8,140		185,918
Total Equity				1,060,934
Fixed Income (8.2%)
iShares Floating Rate Bond ETF		8,360		407,466
iShares International Treasury Bond ETF		1,060		52,269
iShares JP Morgan USD Emerging Markets Bond ETF		5,570		538,508
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		7,570		178,349
Vanguard Short-Term Inflation-Protected Securities ETF		1,650		80,388
Vanguard Total International Bond ETF		6,880		387,069
Total Fixed Income				1,644,049
Specialty (1.6%)
Invesco DB G10 Currency Harvest Fund		14,250		316,002
Total Exchange Traded Funds (18.0%) (Cost $4,428,970)				3,589,964
INVESTMENT COMPANIES:
Alternatives (13.8%)
1290 VT Convertible Securities Portfolio‡		80,453		823,001
1290 VT Energy Portfolio‡		86,241		243,175
1290 VT GAMCO Mergers & Acquisitions Portfolio‡		30,348		301,501
1290 VT Natural Resources Portfolio‡		71,032		332,729
1290 VT Real Estate Portfolio‡		58,145		484,069
AQR Managed Futures Strategy Fund, Institutional Class		28,206		242,005
BlackRock Global Long/Short Credit Fund, Institutional Class		24,395		223,943
Franklin K2 Alternative Strategies Fund, Advisor Class		9,578		102,965
Total Alternatives				2,753,388
Equity (54.8%)
1290 VT GAMCO Small Company Value Portfolio‡		14,039		583,189
1290 VT Low Volatility Global Equity Portfolio‡		27,851		282,918
1290 VT Micro Cap Portfolio‡		32,019		243,967
1290 VT SmartBeta Equity Portfolio‡		23,749		278,784
EQ/AB Small Cap Growth Portfolio‡		41,115		575,362
EQ/BlackRock Basic Value Equity Portfolio‡		29,278		494,308
EQ/Capital Guardian Research Portfolio‡		52,724		1,117,567
EQ/ClearBridge Large Cap Growth Portfolio‡		49,368		574,207
EQ/Emerging Markets Equity PLUS Portfolio‡		77,819		573,463
EQ/International Equity Index Portfolio‡		199,130		1,468,497
EQ/Invesco Comstock Portfolio‡		51,289		620,597
EQ/Janus Enterprise Portfolio‡		53,447		870,565
EQ/MFS International Growth Portfolio‡		127,294		850,156
EQ/T. Rowe Price Growth Stock Portfolio*‡		12,108		579,075
Financial Investors Trust - Listed Private Equity Fund, Institutional Class		33,802		173,406
MSIF Frontier Markets Portfolio, Institutional Class		20,460		244,707
Multimanager Mid Cap Value Portfolio‡		83,113		855,295
Templeton Emerging Markets Small Cap Fund, Advisor Class		25,831		227,314
Templeton Global Smaller Companies Fund, Advisor Class		46,888		316,965
Total Equity				10,930,342
Fixed Income (13.0%)
1290 VT High Yield Bond Portfolio‡		33,880		292,216
Eaton Vance Floating-Rate Fund, Institutional Class		11,609		89,508
EQ/Core Bond Index Portfolio‡		815		8,424
EQ/Global Bond PLUS Portfolio‡		47,377		445,456
EQ/Intermediate Government Bond Portfolio‡		40,883		441,442
EQ/PIMCO Global Real Return Portfolio‡		38,940		386,069
EQ/PIMCO Ultra Short Bond Portfolio‡		44,000		422,541
Multimanager Core Bond Portfolio‡		44,050		440,460
PIMCO International Bond Fund Unhedged, Institutional Class		7,630		67,370
Total Fixed Income				2,593,486
Total Investment Companies (81.6%) (Cost $19,446,463)				16,277,216
Total Investments in Securities (99.6%) (Cost $23,875,433)				19,867,180
Other Assets Less Liabilities (0.4%)				72,487
Net Assets (100%)			$	19,939,667

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

31

AXA PREMIER VIP TRUST

CHARTER^SM GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Alternatives
1290 VT Convertible Securities Portfolio		80,453		1,121,358		24,128		(175,193	)		(4,607	)		(142,685	)		823,001		—		—
1290 VT Energy Portfolio		86,241		372,631		102,065		(35,942	)		(2,611	)		(192,968	)		243,175		—		—
1290 VT GAMCO Mergers & Acquisitions Portfolio		30,348		409,898		9,651		(41,077	)		(8,309	)		(68,662	)		301,501		—		—
1290 VT Natural Resources Portfolio		71,032		373,998		126,645		(35,942	)		914			(132,886	)		332,729		—		—
1290 VT Real Estate Portfolio		58,145		659,854		72,078		(61,616	)		(11,485	)		(174,762	)		484,069		—		—
Equity
1290 VT GAMCO Small Company Value Portfolio		14,039		748,654		131,489		(71,885	)		(2,598	)		(222,471	)		583,189		—		—
1290 VT Low Volatility Global Equity Portfolio		27,851		390,287		8,444		(35,942	)		(911	)		(78,960	)		282,918		—		—
1290 VT Micro Cap Portfolio		32,019		320,743		37,111		(25,673	)		(4,288	)		(83,926	)		243,967		—		—
1290 VT SmartBeta Equity Portfolio		23,749		403,026		8,445		(62,842	)		983			(70,828	)		278,784		—		—
EQ/AB Small Cap Growth Portfolio		41,115		757,336		66,691		(71,885	)		(8,214	)		(168,566	)		575,362		—		—
EQ/BlackRock Basic Value Equity Portfolio		29,278		762,331		16,890		(71,885	)		(10,084	)		(202,944	)		494,308		—		—
EQ/Capital Guardian Research Portfolio,		52,724		1,528,955		47,573		(179,035	)		422			(280,348	)		1,117,567		—		—
EQ/ClearBridge Large Cap Growth Portfolio		49,368		768,576		16,891		(98,785	)		690			(113,165	)		574,207		—		—
EQ/Emerging Markets Equity PLUS Portfolio		77,819		761,538		100,890		(98,785	)		839			(191,019	)		573,463		—		—
EQ/International Equity Index Portfolio		199,130		1,858,921		265,405		(176,545	)		(12,226	)		(467,058	)		1,468,497		—		—
EQ/Invesco Comstock Portfolio		51,289		742,359		189,489		(71,885	)		(1,493	)		(237,873	)		620,597		—		—
EQ/Janus Enterprise Portfolio		53,447		1,130,503		152,628		(129,593	)		379			(283,352	)		870,565		—		—
EQ/MFS International Growth Portfolio		127,294		1,140,575		46,927		(129,593	)		(2,782	)		(204,971	)		850,156		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		12,108		770,879		16,891		(98,785	)		(125	)		(109,785	)		579,075		—		—
Multimanager Mid Cap Value Portfolio		83,113		1,114,643		216,328		(102,693	)		(9,042	)		(363,941	)		855,295		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		33,880		441,657		36,551		(136,477	)		(15,672	)		(33,843	)		292,216		—		—
EQ/Core Bond Index Portfolio		815		8,219		—		—			—			205			8,424		—		—
EQ/Global Bond PLUS Portfolio		47,377		672,443		14,477		(246,016	)		562			3,990			445,456		—		—
EQ/Intermediate Government Bond Portfolio		40,883		661,445		68,278		(315,016	)		6,306			20,429			441,442		—		—
EQ/PIMCO Global Real Return Portfolio		38,940		558,048		38,964		(208,746	)		(1,534	)		(663	)		386,069		—		—
EQ/PIMCO Ultra Short Bond Portfolio		44,000		666,240		68,277		(295,816	)		(6,828	)		(9,332	)		422,541		—		—

See Notes to Portfolio of Investments.

32

AXA PREMIER VIP TRUST

CHARTER^SM GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
Multimanager Core Bond Portfolio		44,050		668,187		32,332		(262,550	)		1,827			665			440,461		4,048		—
Total				19,813,304		1,915,538		(3,240,202	)		(89,887	)		(3,809,719	)		14,589,034		4,048		—

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Exchange Traded Funds
Exchange Traded Funds	$	3,589,964	$	—	$	—	$	3,589,964
Investment Companies
Investment Companies		1,688,183		14,589,033		—		16,277,216
Total Assets	$	5,278,147	$	14,589,033	$	—	$	19,867,180
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	5,278,147	$	14,589,033	$	—	$	19,867,180

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	178,743
Aggregate gross unrealized depreciation		(4,135,557	)
Net unrealized depreciation	$	(3,956,814	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	23,823,994

See Notes to Portfolio of Investments.

33

AXA PREMIER VIP TRUST

CHARTER^SM AGGRESSIVE GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
EXCHANGE TRADED FUNDS (ETF):
Commodity (4.7%)
Invesco DB Base Metals Fund		5,910	$	72,988
Invesco DB Commodity Index Tracking Fund		14,180		159,525
Invesco DB Gold Fund		6,760		315,016
Invesco DB Silver Fund		2,060		41,674
Total Commodity				589,203
Equity (7.1%)
Invesco S&P 500 BuyWrite ETF		11,070		185,201
iShares Global Infrastructure ETF		9,180		313,497
iShares Micro-Cap ETF		810		54,294
iShares MSCI EAFE Small-Cap ETF		2,430		108,937
iShares U.S. Oil & Gas Exploration & Production ETF		9,750		222,690
Total Equity				884,619
Fixed Income (3.7%)
iShares Floating Rate Bond ETF		2,270		110,640
iShares International Treasury Bond ETF		160		7,889
iShares JP Morgan USD Emerging Markets Bond ETF		1,460		141,153
SPDR Bloomberg Barclays Short Term High Yield Bond ETF		2,080		49,005
Vanguard Short-Term Inflation-Protected Securities ETF		430		20,950
Vanguard Total International Bond ETF		2,270		127,710
Total Fixed Income				457,347
Specialty (1.1%)
Invesco DB G10 Currency Harvest Fund		6,485		143,809
Total Exchange Traded Funds (16.6%) (Cost $2,649,876)				2,074,978
INVESTMENT COMPANIES:
Alternatives (14.3%)
1290 VT Convertible Securities Portfolio‡		36,433		372,693
1290 VT Energy Portfolio‡		81,006		228,414
1290 VT GAMCO Mergers & Acquisitions Portfolio‡		14,148		140,560
1290 VT Natural Resources Portfolio‡		63,736		298,554
1290 VT Real Estate Portfolio‡		54,399		452,877
AQR Managed Futures Strategy Fund, Institutional Class		15,960		136,934
BlackRock Global Long/Short Credit Fund, Institutional Class		8,321		76,386
Franklin K2 Alternative Strategies Fund, Advisor Class		7,562		81,294
Total Alternatives				1,787,712
Equity (63.5%)
1290 VT GAMCO Small Company Value Portfolio‡		9,925		412,271
1290 VT Low Volatility Global Equity Portfolio‡		20,818		211,476
1290 VT Micro Cap Portfolio‡		20,838		158,778
1290 VT SmartBeta Equity Portfolio‡		19,091		224,109
EQ/AB Small Cap Growth Portfolio‡		28,871		404,017
EQ/BlackRock Basic Value Equity Portfolio‡		22,892		386,486
EQ/Capital Guardian Research Portfolio‡		40,185		851,792
EQ/ClearBridge Large Cap Growth Portfolio‡		38,104		443,201
EQ/Emerging Markets Equity PLUS Portfolio‡		52,723		388,526
EQ/International Equity Index Portfolio‡		140,016		1,032,562
EQ/Invesco Comstock Portfolio‡		34,363		415,790
EQ/Janus Enterprise Portfolio‡		38,041		619,616
EQ/MFS International Growth Portfolio‡		94,185		629,037
EQ/T. Rowe Price Growth Stock Portfolio*‡		9,332		446,311
Financial Investors Trust - Listed Private Equity Fund, Institutional Class		9,469		48,578
MSIF Frontier Markets Portfolio, Institutional Class		14,955		178,864
Multimanager Mid Cap Value Portfolio‡		58,606		603,099
Templeton Emerging Markets Small Cap Fund, Advisor Class		20,238		178,092
Templeton Global Smaller Companies Fund, Advisor Class		41,174		278,338
Total Equity				7,910,943
Fixed Income (5.1%)
1290 VT High Yield Bond Portfolio‡		8,648		74,590
Eaton Vance Floating-Rate Fund, Institutional Class		3,844		29,636
EQ/Global Bond PLUS Portfolio‡		11,217		105,470
EQ/Intermediate Government Bond Portfolio‡		9,746		105,232
EQ/PIMCO Global Real Return Portfolio‡		9,473		93,924
EQ/PIMCO Ultra Short Bond Portfolio‡		10,491		100,750
Multimanager Core Bond Portfolio‡		10,677		106,764
PIMCO International Bond Fund Unhedged, Institutional Class		2,702		23,862
Total Fixed Income				640,228
Total Investment Companies (82.9%) (Cost $12,471,536)				10,338,883
Total Investments in Securities (99.5%) (Cost $15,121,412)				12,413,861
Other Assets Less Liabilities (0.5%)				52,119
Net Assets (100%)			$	12,465,980

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

34

AXA PREMIER VIP TRUST

CHARTER^SM AGGRESSIVE GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Alternatives
1290 VT Convertible Securities Portfolio		36,433		438,870		45,921		(60,019	)		338			(52,417	)		372,693		—		—
1290 VT Energy Portfolio		81,006		324,522		82,951		(15,156	)		(1,511	)		(162,392	)		228,414		—		—
1290 VT GAMCO Mergers & Acquisitions Portfolio		14,148		145,530		30,999		(7,578	)		(266	)		(28,125	)		140,560		—		—
1290 VT Natural Resources Portfolio		63,736		314,182		104,852		(15,156	)		(1,874	)		(103,450	)		298,554		—		—
1290 VT Real Estate Portfolio		54,399		527,292		93,442		(27,282	)		(112	)		(140,463	)		452,877		—		—
Equity
1290 VT GAMCO Small Company Value Portfolio		9,925		478,309		94,280		(24,250	)		(105	)		(135,963	)		412,271		—		—
1290 VT Low Volatility Global Equity Portfolio		20,818		243,623		26,240		(12,125	)		27			(46,289	)		211,476		—		—
1290 VT Micro Cap Portfolio		20,838		199,522		19,681		(9,094	)		(43	)		(51,288	)		158,778		—		—
1290 VT SmartBeta Equity Portfolio		19,091		253,158		26,241		(12,125	)		38			(43,203	)		224,109		—		—
EQ/AB Small Cap Growth Portfolio		28,871		492,445		52,481		(38,850	)		71			(102,130	)		404,017		—		—
EQ/BlackRock Basic Value Equity Portfolio		22,892		484,809		52,481		(24,250	)		(286	)		(126,268	)		386,486		—		—
EQ/Capital Guardian Research Portfolio		40,185		962,701		101,684		(46,985	)		(507	)		(165,101	)		851,792		—		—
EQ/ClearBridge Large Cap Growth Portfolio		38,104		495,087		52,480		(38,850	)		(29	)		(65,487	)		443,201		—		—
EQ/Emerging Markets Equity PLUS Portfolio		52,723		494,472		52,481		(38,850	)		(243	)		(119,334	)		388,526		—		—
EQ/International Equity Index Portfolio		140,016		1,186,648		176,848		(60,779	)		(694	)		(269,461	)		1,032,562		—		—
EQ/Invesco Comstock Portfolio		34,363		479,647		102,081		(24,250	)		55			(141,743	)		415,790		—		—
EQ/Janus Enterprise Portfolio		38,041		719,162		105,143		(34,860	)		109			(169,938	)		619,616		—		—
EQ/MFS International Growth Portfolio		94,185		712,551		75,442		(34,860	)		47			(124,143	)		629,037		—		—
EQ/T. Rowe Price Growth Stock Portfolio*		9,332		495,501		52,481		(38,850	)		1,421			(64,242	)		446,311		—		—
Multimanager Mid Cap Value Portfolio		58,606		719,997		139,242		(34,860	)		(329	)		(220,951	)		603,099		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		8,648		87,355		9,840		(14,447	)		249			(8,407	)		74,590		—		—
EQ/Global Bond PLUS Portfolio		11,217		145,897		16,400		(57,628	)		(46	)		847			105,470		—		—
EQ/Intermediate Government Bond Portfolio		9,746		144,874		16,400		(61,478	)		666			4,770			105,232		—		—
EQ/PIMCO Global Real Return Portfolio		9,473		113,840		27,721		(46,213	)		(1,034	)		(390	)		93,924		—		—
EQ/PIMCO Ultra Short Bond Portfolio		10,491		149,355		16,400		(61,478	)		(1,417	)		(2,110	)		100,750		—		—
Multimanager Core Bond Portfolio		10,677		139,082		31,699		(64,978	)		499			462			106,764		916		—

See Notes to Portfolio of Investments.

35

AXA PREMIER VIP TRUST

CHARTER^SM AGGRESSIVE GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Security Description	Shares at March 31, 2020	Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
Total			10,948,431		1,605,911		(905,251	)		(4,976	)		(2,337,216	)		9,306,899		916		—

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Exchange Traded Funds
Exchange Traded Funds	$	2,074,978	$	—	$	—	$	2,074,978
Investment Companies
Investment Companies		1,031,984		9,306,899		—		10,338,883
Total Assets	$	3,106,962	$	9,306,899	$	—	$	12,413,861
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	3,106,962	$	9,306,899	$	—	$	12,413,861

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	93,923
Aggregate gross unrealized depreciation		(2,780,623	)
Net unrealized depreciation	$	(2,686,700	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	15,100,561

See Notes to Portfolio of Investments.

36

AXA PREMIER VIP TRUST

CHARTER^SM MULTI-SECTOR BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Fixed Income (100.0%)
1290 VT DoubleLine Opportunistic Bond Portfolio‡		1,428,948	$	13,849,610
1290 VT High Yield Bond Portfolio‡		1,886,243		16,268,714
BlackRock Strategic Income Opportunities Portfolio, Institutional Class		716,173		6,660,409
EQ/Core Bond Index Portfolio‡		8,014,786		82,799,431
EQ/PIMCO Global Real Return Portfolio‡		864,583		8,571,940
EQ/Quality Bond PLUS Portfolio‡		4,599,574		41,416,412
Natixis Loomis Sayles Strategic Income Fund, Institutional Class Shares		319,592		4,023,661
Total Investments in Securities (100.0%) (Cost $173,109,173)				173,590,177
Other Assets Less Liabilities (0.0%)				(1,017	)
Net Assets (100%)			$	173,589,160

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

37

AXA PREMIER VIP TRUST

CHARTER^SM MULTI-SECTOR BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Fixed Income
1290 VT DoubleLine Opportunistic Bond Portfolio		1,428,948		14,477,224		—		—			—			(627,614	)		13,849,610		—		—
1290 VT High Yield Bond Portfolio		1,886,243		18,267,312		97,911		(262,777	)		(2,872	)		(1,830,860	)		16,268,714		—		—
EQ/Core Bond Index Portfolio		8,014,786		82,896,350		1,272,850		(3,416,105	)		40,102			2,006,234			82,799,431		—		—
EQ/PIMCO Global Real Return Portfolio		864,583		8,748,246		97,911		(262,777	)		3,178			(14,618	)		8,571,940		—		—
EQ/Quality Bond PLUS Portfolio		4,599,574		40,524,930		391,645		(1,051,109	)		13,672			1,537,274			41,416,412		—		—
Total				164,914,062		1,860,317		(4,992,768	)		54,080			1,070,416			162,906,107		—		—

See Notes to Portfolio of Investments.

38

AXA PREMIER VIP TRUST

CHARTER^SM MULTI-SECTOR BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	10,684,070	$	162,906,107	$	—	$	173,590,177
Total Assets	$	10,684,070	$	162,906,107	$	—	$	173,590,177
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	10,684,070	$	162,906,107	$	—	$	173,590,177

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	5,615,323
Aggregate gross unrealized depreciation		(5,053,058	)
Net unrealized appreciation	$	562,265
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	173,027,912

See Notes to Portfolio of Investments.

39

AXA PREMIER VIP TRUST

CHARTER^SM SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (100.0%)
1290 VT Micro Cap Portfolio‡		2,986,638	$	22,756,650
EQ/Morgan Stanley Small Cap Growth Portfolio‡		7,141,469		59,170,647
Total Investments in Securities (100.0%) (Cost $90,104,501)				81,927,297
Other Assets Less Liabilities (0.0%)				(13,408	)
Net Assets (100%)			$	81,913,889

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

40

AXA PREMIER VIP TRUST

CHARTER^SM SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT Micro Cap Portfolio		2,986,638		32,837,909		106,959		(1,377,725	)		(61,980	)		(8,748,513	)		22,756,650		—		—
EQ/Morgan Stanley Small Cap Growth
Portfolio		7,141,469		78,870,563		281,979		(3,632,184	)		77,447			(16,427,158	)		59,170,647		—		—
Total				111,708,472		388,938		(5,009,909	)		15,467			(25,175,671	)		81,927,297		—		—

See Notes to Portfolio of Investments.

41

AXA PREMIER VIP TRUST

CHARTER^SM SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices  in active markets for identical securities		Level 2 Significant other observable inputs (including quoted  prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	81,927,297	$	—	$	81,927,297
Total Assets	$	—	$	81,927,297	$	—	$	81,927,297
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	81,927,297	$	—	$	81,927,297

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	—
Aggregate gross unrealized depreciation		(8,179,367	)
Net unrealized depreciation	$	(8,179,367	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	90,106,664

See Notes to Portfolio of Investments.

42

AXA PREMIER VIP TRUST

CHARTER^SM SMALL CAP VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (100.0%)
1290 VT GAMCO Small Company Value Portfolio‡		887,540	$	36,868,825
1290 VT Small Cap Value Portfolio‡		9,641,025		64,079,664
Total Investments in Securities (100.0%) (Cost $123,186,268)				100,948,489
Other Assets Less Liabilities (0.0%)				7,581
Net Assets (100%)			$	100,956,070

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

43

AXA PREMIER VIP TRUST

CHARTER^SM SMALL CAP VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
1290 VT GAMCO Small Company Value Portfolio		887,540		55,038,194		16,900		(1,655,505	)		(114,393	)		(16,416,371	)		36,868,825		—		—
1290 VT Small Cap Value Portfolio		9,641,025		106,383,357		33,547		(3,286,301	)		(167,430	)		(38,883,509	)		64,079,664		—		—
Total				161,421,551		50,447		(4,941,806	)		(281,823	)		(55,299,880	)		100,948,489		—		—

See Notes to Portfolio of Investments.

44

AXA PREMIER VIP TRUST

CHARTER^SM SMALL CAP VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted  prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	100,948,489	$	—	$	100,948,489
Total Assets	$	—	$	100,948,489	$	—	$	100,948,489
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	100,948,489	$	—	$	100,948,489

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	641,674
Aggregate gross unrealized depreciation		(22,237,778	)
Net unrealized depreciation	$	(21,596,104	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	122,544,593

See Notes to Portfolio of Investments.

45

AXA PREMIER VIP TRUST

TARGET 2015 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (43.7%)
EQ/BlackRock Basic Value Equity Portfolio‡		47,129	$	795,689
EQ/Emerging Markets Equity PLUS Portfolio‡		168,269		1,240,006
EQ/Equity 500 Index Portfolio‡		175,734		7,205,967
EQ/International Equity Index Portfolio‡		357,058		2,633,159
EQ/MFS International Growth Portfolio‡		292,774		1,955,351
EQ/Small Company Index Portfolio‡		156,771		1,191,983
Multimanager Aggressive Equity Portfolio‡		10,033		571,485
Multimanager Mid Cap Growth Portfolio*‡		105,444		893,938
Multimanager Mid Cap Value Portfolio‡		93,024		957,291
Total Equity				17,444,869
Fixed Income (56.4%)
1290 VT High Yield Bond Portfolio‡		363,641		3,136,375
EQ/Core Bond Index Portfolio‡		842,279		8,701,450
EQ/Global Bond PLUS Portfolio‡		363,581		3,418,495
EQ/PIMCO Ultra Short Bond Portfolio‡		287,356		2,759,567
EQ/Quality Bond PLUS Portfolio‡		504,443		4,542,203
Total Fixed Income				22,558,090
Total Investments in Securities (100.1%) (Cost $36,508,094)				40,002,959
Other Assets Less Liabilities (-0.1%)				(27,074	)
Net Assets (100%)			$	39,975,885

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

46

AXA PREMIER VIP TRUST

TARGET 2015 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/BlackRock Basic Value Equity Portfolio		47,129		1,208,512		9,047		(97,940	)		434			(324,364	)		795,689		—		—
EQ/Emerging Markets Equity PLUS Portfolio		168,269		1,672,498		171,801		(196,101	)		4,522			(412,714	)		1,240,006		—		—
EQ/Equity 500 Index Portfolio		175,734		8,938,305		801,786		(923,961	)		434,238			(2,044,401	)		7,205,967		—		—
EQ/International Equity Index Portfolio		357,058		3,869,843		23,370		(338,011	)		(17,275	)		(904,768	)		2,633,159		—		—
EQ/MFS International Growth Portfolio		292,774		1,232,854		1,075,308		(122,425	)		(189	)		(230,197	)		1,955,351		—		—
EQ/Small Company Index Portfolio		156,771		1,503,515		367,538		(286,616	)		1,824			(394,278	)		1,191,983		—		—
Multimanager Aggressive Equity Portfolio		10,033		705,929		3,768		(40,808	)		(187	)		(97,217	)		571,485		—		—
Multimanager Mid Cap Growth Portfolio*		105,444		879,565		255,276		(57,131	)		1,641			(185,413	)		893,938		—		—
Multimanager Mid Cap Value Portfolio		93,024		994,841		335,276		(57,131	)		(4,845	)		(310,850	)		957,291		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		363,641		3,866,007		114,122		(463,172	)		(15,957	)		(364,625	)		3,136,375		—		—
EQ/Core Bond Index Portfolio		842,279		10,345,113		351,340		(2,249,224	)		59,466			194,755			8,701,450		—		—
EQ/Global Bond PLUS Portfolio		363,581		3,907,882		134,878		(656,334	)		(13,329	)		45,398			3,418,495		—		—
EQ/PIMCO Ultra Short Bond Portfolio		287,356		3,349,390		109,124		(620,172	)		(11,693	)		(67,082	)		2,759,567		—		—
EQ/Quality Bond PLUS Portfolio		504,443		4,958,776		160,908		(767,627	)		17,055			173,091			4,542,203		—		—
Total				47,433,030		3,913,542		(6,876,653	)		455,705			(4,922,665	)		40,002,959		—		—

See Notes to Portfolio of Investments.

47

AXA PREMIER VIP TRUST

TARGET 2015 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted  prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	40,002,959	$	—	$	40,002,959
Total Assets	$	—	$	40,002,959	$	—	$	40,002,959
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	40,002,959	$	—	$	40,002,959

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	5,739,437
Aggregate gross unrealized depreciation		(2,271,033	)
Net unrealized appreciation	$	3,468,404
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	36,534,555

See Notes to Portfolio of Investments.

48

AXA PREMIER VIP TRUST

TARGET 2025 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (64.8%)
EQ/BlackRock Basic Value Equity Portfolio‡		188,947	$	3,190,022
EQ/Emerging Markets Equity PLUS Portfolio‡		998,841		7,360,639
EQ/Equity 500 Index Portfolio‡		979,307		40,156,474
EQ/International Equity Index Portfolio‡		2,370,671		17,482,760
EQ/MFS International Growth Portfolio‡		1,343,568		8,973,298
EQ/Small Company Index Portfolio‡		1,280,195		9,733,761
Multimanager Aggressive Equity Portfolio‡		39,172		2,231,132
Multimanager Mid Cap Growth Portfolio*‡		355,921		3,017,459
Multimanager Mid Cap Value Portfolio‡		370,775		3,815,549
Total Equity				95,961,094
Fixed Income (35.1%)
1290 VT High Yield Bond Portfolio‡		1,021,882		8,813,655
EQ/Core Bond Index Portfolio‡		1,829,358		18,898,791
EQ/Global Bond PLUS Portfolio‡		839,441		7,892,675
EQ/PIMCO Ultra Short Bond Portfolio‡		662,971		6,366,705
EQ/Quality Bond PLUS Portfolio‡		1,119,073		10,076,579
Total Fixed Income				52,048,405
Total Investments in Securities (99.9%) (Cost $134,625,139)				148,009,499
Other Assets Less Liabilities (0.1%)				102,453
Net Assets (100%)			$	148,111,952

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

49

AXA PREMIER VIP TRUST

TARGET 2025 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/BlackRock Basic Value Equity Portfolio		188,947		4,491,101		79,614		(129,477	)		(182	)		(1,251,034	)		3,190,022		—		—
EQ/Emerging Markets Equity PLUS Portfolio		998,841		8,733,471		1,262,485		(329,196	)		1,387			(2,307,508	)		7,360,639		—		—
EQ/Equity 500 Index Portfolio		979,307		51,194,858		1,136,537		(2,505,295	)		135,815			(9,805,441	)		40,156,474		—		—
EQ/International Equity Index Portfolio		2,370,671		20,835,362		2,591,839		(798,110	)		(11,697	)		(5,134,634	)		17,482,760		—		—
EQ/MFS International Growth Portfolio		1,343,568		9,685,697		1,386,733		(289,115	)		113			(1,810,130	)		8,973,298		—		—
EQ/Small Company Index Portfolio		1,280,195		12,011,484		2,063,230		(828,955	)		(2,459	)		(3,509,539	)		9,733,761		—		—
Multimanager Aggressive Equity Portfolio		39,172		2,628,882		36,747		(59,759	)		(1,413	)		(373,325	)		2,231,132		—		—
Multimanager Mid Cap Growth Portfolio*		355,921		2,001,772		1,515,621		(49,799	)		135			(450,270	)		3,017,459		—		—
Multimanager Mid Cap Value Portfolio		370,775		3,142,371		1,743,373		(29,879	)		826			(1,041,142	)		3,815,549		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		1,021,882		10,258,823		505,858		(889,075	)		(33,465	)		(1,028,486	)		8,813,655		—		—
EQ/Core Bond Index Portfolio		1,829,358		22,865,316		1,288,462		(5,817,909	)		83,957			478,965			18,898,791		—		—
EQ/Global Bond PLUS Portfolio		839,441		9,012,140		482,486		(1,667,196	)		(1,398	)		66,643			7,892,675		—		—
EQ/PIMCO Ultra Short Bond Portfolio		662,971		7,601,323		427,485		(1,470,196	)		(33,248	)		(158,659	)		6,366,705		—		—
EQ/Quality Bond PLUS Portfolio		1,119,073		10,842,924		599,231		(1,789,955	)		28,568			395,811			10,076,579		—		—
Total				175,305,524		15,119,701		(16,653,916	)		166,939			(25,928,749	)		148,009,499		—		—

See Notes to Portfolio of Investments.

50

AXA PREMIER VIP TRUST

TARGET 2025 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted  prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	148,009,499	$	—	$	148,009,499
Total Assets	$	—	$	148,009,499	$	—	$	148,009,499
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	148,009,499	$	—	$	148,009,499

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	24,141,334
Aggregate gross unrealized depreciation		(10,901,445	)
Net unrealized appreciation	$	13,239,889
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	134,769,610

See Notes to Portfolio of Investments.

51

AXA PREMIER VIP TRUST

TARGET 2035 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (78.9%)
EQ/BlackRock Basic Value Equity Portfolio‡		176,647	$	2,982,347
EQ/Emerging Markets Equity PLUS Portfolio‡		995,760		7,337,939
EQ/Equity 500 Index Portfolio‡		1,180,961		48,425,287
EQ/International Equity Index Portfolio‡		2,439,756		17,992,240
EQ/MFS International Growth Portfolio‡		1,521,670		10,162,787
EQ/Small Company Index Portfolio‡		1,588,435		12,077,412
Multimanager Aggressive Equity Portfolio‡		28,771		1,638,717
Multimanager Mid Cap Growth Portfolio*‡		216,904		1,838,886
Multimanager Mid Cap Value Portfolio‡		210,242		2,163,545
Total Equity				104,619,160
Fixed Income (21.3%)
1290 VT High Yield Bond Portfolio‡		597,248		5,151,220
EQ/Core Bond Index Portfolio‡		948,811		9,802,011
EQ/Global Bond PLUS Portfolio‡		455,177		4,279,711
EQ/PIMCO Ultra Short Bond Portfolio‡		347,113		3,333,432
EQ/Quality Bond PLUS Portfolio‡		624,115		5,619,784
Total Fixed Income				28,186,158
Total Investments in Securities (100.2%) (Cost $121,894,187)				132,805,318
Other Assets Less Liabilities (-0.2%)				(224,359	)
Net Assets (100%)			$	132,580,959

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

52

AXA PREMIER VIP TRUST

TARGET 2035 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/BlackRock Basic Value Equity Portfolio		176,647		4,181,765		155,582		(192,191	)		(2,327	)		(1,160,482	)		2,982,347		—		—
EQ/Emerging Markets Equity PLUS Portfolio		995,760		8,750,154		1,613,925		(764,263	)		15,099			(2,276,976	)		7,337,939		—		—
EQ/Equity 500 Index Portfolio		1,180,961		62,883,907		1,400,240		(3,939,722	)		24,698			(11,943,836	)		48,425,287		—		—
EQ/International Equity Index Portfolio		2,439,756		21,781,690		2,354,539		(672,670	)		(5,469	)		(5,465,850	)		17,992,240		—		—
EQ/MFS International Growth Portfolio		1,521,670		11,498,893		1,142,821		(312,311	)		(120	)		(2,166,496	)		10,162,787		—		—
EQ/Small Company Index Portfolio		1,588,435		14,294,140		2,742,337		(520,419	)		(229	)		(4,438,417	)		12,077,412		—		—
Multimanager Aggressive Equity Portfolio		28,771		2,198,053		87,516		(358,108	)		(4,259	)		(284,485	)		1,638,717		—		—
Multimanager Mid Cap Growth Portfolio*		216,904		1,521,656		698,896		(48,048	)		(51	)		(333,567	)		1,838,886		—		—
Multimanager Mid Cap Value Portfolio		210,242		1,945,560		879,447		(24,024	)		58			(637,496	)		2,163,545		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		597,248		5,895,341		411,134		(532,167	)		(25,459	)		(597,629	)		5,151,220		—		—
EQ/Core Bond Index Portfolio		948,811		12,476,626		900,890		(3,876,395	)		42,915			257,975			9,802,011		—		—
EQ/Global Bond PLUS Portfolio		455,177		4,959,247		351,688		(1,064,144	)		(401	)		33,321			4,279,711		—		—
EQ/PIMCO Ultra Short Bond Portfolio		347,113		4,060,466		316,410		(939,155	)		(20,849	)		(83,440	)		3,333,432		—		—
EQ/Quality Bond PLUS Portfolio		624,115		6,108,720		416,133		(1,143,167	)		18,365			219,733			5,619,784		—		—
Total				162,556,218		13,471,558		(14,386,784	)		41,971			(28,877,645	)		132,805,318		—		—

See Notes to Portfolio of Investments.

53

AXA PREMIER VIP TRUST

TARGET 2035 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted  prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	132,805,318	$	—	$	132,805,318
Total Assets	$	—	$	132,805,318	$	—	$	132,805,318
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	132,805,318	$	—	$	132,805,318

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	22,372,912
Aggregate gross unrealized depreciation		(11,572,871	)
Net unrealized appreciation	$	10,800,041
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	122,005,277

See Notes to Portfolio of Investments.

54

AXA PREMIER VIP TRUST

TARGET 2045 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (88.1%)
EQ/BlackRock Basic Value Equity Portfolio‡		177,780	$	3,001,477
EQ/Emerging Markets Equity PLUS Portfolio‡		820,478		6,046,250
EQ/Equity 500 Index Portfolio‡		1,080,081		44,288,693
EQ/International Equity Index Portfolio‡		2,094,668		15,447,353
EQ/MFS International Growth Portfolio‡		1,311,462		8,758,867
EQ/Small Company Index Portfolio‡		1,380,031		10,492,851
Multimanager Aggressive Equity Portfolio‡		25,013		1,424,661
Multimanager Mid Cap Growth Portfolio*‡		163,717		1,387,977
Multimanager Mid Cap Value Portfolio‡		176,605		1,817,399
Total Equity				92,665,528
Fixed Income (11.9%)
1290 VT High Yield Bond Portfolio‡		327,428		2,824,047
EQ/Core Bond Index Portfolio‡		399,533		4,127,514
EQ/Global Bond PLUS Portfolio‡		178,785		1,680,990
EQ/PIMCO Ultra Short Bond Portfolio‡		149,574		1,436,399
EQ/Quality Bond PLUS Portfolio‡		276,545		2,490,123
Total Fixed Income				12,559,073
Total Investments in Securities (100.0%) (Cost $100,022,582)				105,224,601
Other Assets Less Liabilities (0.0%)				5,538
Net Assets (100%)			$	105,230,139

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

55

AXA PREMIER VIP TRUST

TARGET 2045 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales  ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/BlackRock Basic Value Equity Portfolio		177,780		4,070,401		122,405		(30,795	)		(172	)		(1,160,362	)		3,001,477		—		—
EQ/Emerging Markets Equity PLUS Portfolio		820,478		7,579,970		722,807		(213,475	)		424			(2,043,476	)		6,046,250		—		—
EQ/Equity 500 Index Portfolio		1,080,081		56,363,686		1,152,038		(2,329,835	)		14,341			(10,911,537	)		44,288,693		—		—
EQ/International Equity Index Portfolio		2,094,668		19,389,266		1,142,016		(108,688	)		(447	)		(4,974,794	)		15,447,353		—		—
EQ/MFS International Growth Portfolio		1,311,462		10,110,607		652,408		(57,967	)		(4	)		(1,946,177	)		8,758,867		—		—
EQ/Small Company Index Portfolio		1,380,031		12,472,102		2,102,410		(76,082	)		25			(4,005,604	)		10,492,851		—		—
Multimanager Aggressive Equity Portfolio		25,013		1,915,359		86,404		(321,738	)		(2,190	)		(253,174	)		1,424,661		—		—
Multimanager Mid Cap Growth Portfolio*		163,717		1,134,925		511,599		(5,434	)		—	#		(253,113	)		1,387,977		—		—
Multimanager Mid Cap Value Portfolio		176,605		1,875,378		568,400		(3,623	)		31			(622,787	)		1,817,399		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		327,428		3,050,749		234,802		(128,303	)		(7,359	)		(325,842	)		2,824,047		—		—
EQ/Core Bond Index Portfolio		399,533		5,253,839		417,405		(1,670,795	)		13,676			113,389			4,127,514		—		—
EQ/Global Bond PLUS Portfolio		178,785		1,902,333		148,201		(380,869	)		171			11,154			1,680,990		—		—
EQ/PIMCO Ultra Short Bond Portfolio		149,574		1,679,227		145,401		(342,680	)		(9,003	)		(36,546	)		1,436,399		—		—
EQ/Quality Bond PLUS Portfolio		276,545		2,568,153		209,802		(390,303	)		5,721			96,750			2,490,123		—		—
Total				129,365,995		8,216,098		(6,060,587	)		15,214			(26,312,119	)		105,224,601		—		—

# Amount represents less than $0.50.

See Notes to Portfolio of Investments.

56

AXA PREMIER VIP TRUST

TARGET 2045 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	105,224,601	$	—	$	105,224,601
Total Assets	$	—	$	105,224,601	$	—	$	105,224,601
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	105,224,601	$	—	$	105,224,601

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	15,843,728
Aggregate gross unrealized depreciation		(10,674,526	)
Net unrealized appreciation	$	5,169,202
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	100,055,399

See Notes to Portfolio of Investments.

57

AXA PREMIER VIP TRUST

TARGET 2055 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
Equity (98.5%)
EQ/BlackRock Basic Value Equity Portfolio‡		72,703	$	1,227,455
EQ/Emerging Markets Equity PLUS Portfolio‡		222,871		1,642,379
EQ/Equity 500 Index Portfolio‡		290,438		11,909,400
EQ/International Equity Index Portfolio‡		558,810		4,121,006
EQ/MFS International Growth Portfolio‡		469,442		3,135,267
EQ/Small Company Index Portfolio‡		462,689		3,517,983
Multimanager Aggressive Equity Portfolio‡		13,966		795,446
Multimanager Mid Cap Growth Portfolio*‡		13,581		115,135
Multimanager Mid Cap Value Portfolio‡		21,489		221,136
Total Equity				26,685,207
Fixed Income (1.5%)
1290 VT High Yield Bond Portfolio‡		15,229		131,347
EQ/Core Bond Index Portfolio‡		25,724		265,752
Total Fixed Income				397,099
Total Investments in Securities (100.0%) (Cost $31,059,788)				27,082,306
Other Assets Less Liabilities (0.0%)				(7,044	)
Net Assets (100%)			$	27,075,262

* Non-income producing.

‡ All, or a portion, of the security is an affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class K shares.

See Notes to Portfolio of Investments.

58

AXA PREMIER VIP TRUST

TARGET 2055 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

Investments in companies which were affiliates for three months ended March 31, 2020, were as follows:

Security Description	Shares at March 31, 2020		Market Value December 31, 2019 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Net Realized Gain (Loss) ($)			Change in Unrealized Appreciation/ (Depreciation) ($)			Market Value March 31, 2020 ($)		Dividend/ Interest Income ($)		Capital Gain Distributions ($)
INVESTMENT COMPANIES:
Equity
EQ/BlackRock Basic Value Equity Portfolio		72,703		1,524,604		177,153		(14,746	)		(424	)		(459,132	)		1,227,455		—		—
EQ/Emerging Markets Equity PLUS Portfolio		222,871		1,979,169		289,361		(67,427	)		31			(558,755	)		1,642,379		—		—
EQ/Equity 500 Index Portfolio		290,438		14,362,891		1,401,107		(891,626	)		228			(2,963,200	)		11,909,400		—		—
EQ/International Equity Index Portfolio		558,810		4,791,379		681,454		(44,237	)		(899	)		(1,306,691	)		4,121,006		—		—
EQ/MFS International Growth Portfolio		469,442		3,546,954		322,093		(26,811	)		(51	)		(706,918	)		3,135,267		—		—
EQ/Small Company Index Portfolio		462,689		3,701,105		1,103,722		(34,854	)		(1,378	)		(1,250,612	)		3,517,983		—		—
Multimanager Aggressive Equity Portfolio		13,966		1,089,031		128,837		(270,724	)		(6	)		(151,692	)		795,446		—		—
Multimanager Mid Cap Growth Portfolio*		13,581		130,603		16,106		(1,341	)		(3	)		(30,230	)		115,135		—		—
Multimanager Mid Cap Value Portfolio		21,489		320,781		8,052		(670	)		(17	)		(107,010	)		221,136		—		—
Fixed Income
1290 VT High Yield Bond Portfolio		15,229		—		140,000		—			—			(8,653	)		131,347		—		—
EQ/Core Bond Index Portfolio		25,724		221,114		88,052		(50,670	)		(1	)		7,257			265,752		—		—
Total				31,667,631		4,355,937		(1,403,106	)		(2,520	)		(7,535,636	)		27,082,306		—		—

See Notes to Portfolio of Investments.

59

AXA PREMIER VIP TRUST

TARGET 2055 ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

March 31, 2020 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of March 31, 2020:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	27,082,306	$	—	$	27,082,306
Total Assets	$	—	$	27,082,306	$	—	$	27,082,306
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	—	$	27,082,306	$	—	$	27,082,306

As of March 31, 2020, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments in securities and derivative instruments, if applicable, for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	—
Aggregate gross unrealized depreciation		(4,041,283	)
Net unrealized depreciation	$	(4,041,283	)
Federal income tax cost of investments in securities and derivative instruments, if applicable	$	31,123,589

See Notes to Portfolio of Investments.

60

AXA PREMIER VIP TRUST

NOTES TO PORTFOLIO OF INVESTMENTS

March 31, 2020 (Unaudited)

Note 1 Valuation

If market quotations are not readily available for a security or other financial instrument, such security and instrument shall be referred to the Trust’s Valuation Committee (“Committee”), which will value the asset in good faith pursuant to procedures (“Pricing Procedures”) adopted by the Board of Trustees of the Trust (the “Board”).

The Board is responsible for ensuring that appropriate valuation methods are used to price securities for each Portfolio (each, a “Portfolio” and collectively, the “Portfolios”) of the AXA Premier VIP Trust (the “Trust”). The Board has delegated the responsibility of calculating the net asset value (“NAV”) of each of the Trust’s Portfolios and classes pursuant to these Pricing Procedures to the Trust’s administrator, AXA Equitable Funds Management Group, LLC (“FMG LLC”, in its capacity as administrator, the “Administrator”). The Administrator has entered into a sub-administration agreement with JPMorgan Chase Bank, N.A. (the “Sub-Administrator”), which assists in performing certain of the duties described herein. The Committee, established by the Board, determines the value of the Trust’s securities and assets for which market quotations are not readily available or for which valuation cannot otherwise be provided in accordance with procedures adopted by the Board. The Committee is comprised of senior employees from FMG LLC.

Due to the inherent uncertainty of valuations of such securities, the fair value may differ significantly from the values that would have been used had a ready market for such securities existed.

Various inputs are used in determining the value of the Trust’s assets or liabilities carried at fair value. These inputs are summarized in three broad levels below:

• Level 1 - quoted prices in active markets for identical assets

• Level 2 - other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)

A summary of inputs used to value each Portfolio’s assets and liabilities carried at fair value as of March 31, 2020 is included in the Portfolio of Investments for each Portfolio. Changes in valuation techniques may result in transfers in or out of an investment’s assigned level.

Transfers into and transfers out of Level 3, are included in the Level 3 reconciliation following the Portfolio of Investments for each Portfolio, if any. Transfers between levels may be due to a decline, or an increase, in market activity (e.g., frequency of trades), which may result in a lack of, or increase in, available observable market inputs to determine price.

The inputs or methodology used to value securities are not necessarily an indication of the risk associated with investing in those securities. An investment’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement.

The Committee has the ability to meet and review reports based on the valuation techniques used to value Level 3 securities. As part of a review, the Committee would consider obtaining updates from its pricing vendors for fair valued securities. For example, with respect to model driven prices, the Committee could receive reports regarding a review and recalculation of pricing models and related discounts. For those securities which are valued based on broker quotes, the Committee may evaluate variances between existing broker quotes and any alternative broker quotes or other pricing source.

To substantiate unobservable inputs used in a fair valuation, the Secretary of the Committee can perform an independent verification as well as additional research for fair value notifications received from the pricing agents. Among other factors, particular areas of focus may include: description of security, historical pricing, intra-day price movement, last trade information, corporate actions, related securities, any available company news and announcements, any available trade data or other information. The Committee also notes the materiality of holdings and price changes on a Portfolio’s NAV.

The Committee reviews and considers changes in value for all fair valued securities that have occurred since the last review.

Pursuant to procedures approved by the Board, events or circumstances affecting the values of Portfolio securities that occur between the closing of their principal markets and the time the NAV is determined may be reflected in the Trust’s calculation of a NAV for each applicable Portfolio when the Committee deems that the particular event or circumstance would materially affect such Portfolio’s NAV. At March 31, 2020, none of the Portfolios applied these procedures.

For more information on each Portfolio’s policy regarding valuation of investments and other significant accounting policies, please refer to a Portfolio’s most recent semi-annual or annual report.