NPORT-P false 0001352621 XXXXXXXX S000072660 C000231259 C000229077 C000231258 Northern Lights Variable Trust 811-21853 0001352621 549300JG5J5V82S8VI88 225 PICTORIA DRIVE SUITE 450 CINCINNATI 45246 631-470-2600 TOPS Target Range Portfolio S000072660 549300OMNK5SQRAB1Q48 2023-12-31 2023-06-30 N 17730485.68 363343.21 17367142.47 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 192222.29000000 N 50SP500_20Russ2000_20MSCIAFE_10MSCIEM 50SP500_20RUSS2000_20MSCIAFE_10MSCIEM N/A N/A N/A 213.00000000 NC USD 2402224.65000000 13.83200865743 Long DO CORP N/A N 2 SOCIETE GENERALE N/A Call Purchased Spdr S&P 500 Etf Trust Spdr S&P 500 Etf Trust TR UNIT 213.00000000 340.00000000 USD 2024-01-19 XXXX 804879.35000000 N N N Ishares Trust 5493000860OXIC4B5K91 46436E718 32554.00000000 NS USD 3275909.02000000 18.86268294083 Long EC RF US N 1 N N N N/A N/A N/A 408.00000000 NC USD 229626.48000000 1.322189187983 Long DO CORP N/A N 2 SOCIETE GENERALE N/A Call Purchased Ishares Trust Ishares Trust MSCI EMG MKT ETF 408.00000000 35.00000000 USD 2024-01-19 XXXX -98345.81000000 N N N Short-Term Invts T 549300UJV6OHYATSFU27 825252885 2741511.88440000 PA USD 2741511.88000000 15.78562440387 Long STIV RF US N 1 N N N N/A N/A N/A -213.00000000 NC USD -293592.81000000 -1.69050729276 Short DO CORP N/A N 2 SOCIETE GENERALE N/A Call Written Spdr S&P 500 Etf Trust Spdr S&P 500 Etf Trust TR UNIT -213.00000000 460.00000000 USD 2024-01-19 XXXX -127929.87000000 N N N N/A N/A N/A 181.00000000 NC USD 592747.85000000 3.413041903836 Long DO CORP N/A N 2 SOCIETE GENERALE N/A Call Purchased Ishares Trust Ishares Trust RUSSELL 2000 ETF 181.00000000 160.00000000 USD 2024-01-19 XXXX -63565.82000000 N N N Goldman Sachs Etf Trust 549300VEZF7K2ES5WL82 381430529 24523.00000000 NS USD 2454016.61000000 14.13022674420 Long EC RF US N 1 N N N N/A N/A N/A -181.00000000 NC USD -32824.35000000 -0.18900259531 Short DO CORP N/A N 2 SOCIETE GENERALE N/A Call Written Ishares Trust Ishares Trust RUSSELL 2000 ETF -181.00000000 215.00000000 USD 2024-01-19 XXXX 83634.31000000 N N N N/A N/A N/A 472.00000000 NC USD 627934.64000000 3.615647427806 Long DO CORP N/A N 2 SOCIETE GENERALE N/A Call Purchased Ishares Trust Ishares Trust MSCI EAFE ETF 472.00000000 61.00000000 USD 2024-01-19 XXXX 27702.08000000 N N N N/A N/A N/A -472.00000000 NC USD -12517.44000000 -0.07207541494 Short DO CORP N/A N 2 SOCIETE GENERALE N/A Call Written Ishares Trust Ishares Trust MSCI EAFE ETF -472.00000000 82.00000000 USD 2024-01-19 XXXX 47534.61000000 N N N N/A N/A N/A -408.00000000 NC USD -3406.80000000 -0.01961635315 Short DO CORP N/A N 2 SOCIETE GENERALE N/A Call Written Ishares Trust Ishares Trust MSCI EMG MKT ETF -408.00000000 48.00000000 USD 2024-01-19 XXXX 33841.04000000 N N N Vanguard Scottsdal 549300Y88GQ3VLJIBX57 92206C102 41979.00000000 NS USD 2423447.67000000 13.95421079884 Long EC RF US N 1 N N N Spdr Series Trust 5493004JVD6CQEEJSS37 78468R663 26740.00000000 NS USD 2455266.80000000 14.13742533776 Long EC RF US N 1 N N N 2023-07-28 Northern Lights Variable Trust James Colantino James Colantino Treasurer