NPORT-P false 0001352621 XXXXXXXX S000031508 C000097934 C000097935 C000112455 C000112456 C000158841 Northern Lights Variable Trust 811-21853 0001352621 549300JG5J5V82S8VI88 225 PICTORIA DRIVE SUITE 450 CINCINNATI 45246 631-470-2600 TOPS Managed Risk Moderate Growth ETF Portfolio S000031508 549300NQO6B78XIUUT51 2024-12-31 2024-09-30 N 107876666.11 60973.41 107815692.70 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 142600.13000000 N/A UST TOPS Managed Risk Moderate Growth ETF Port DRP TOPS MANAGED RISK MODERATE GROWTH ETF PORT DRP DBX ETF Trust DNLQXYGHEZ10Q9SIK386 233051432 131065.00000000 NS USD 4838919.80000000 4.488140528359 Long EC RF US N 1 N N N Flexshares Trust 5493007FU2RQX77I4604 33939L407 95108.00000000 NS USD 3923205.00000000 3.638807024981 Long EC RF US N 1 N N N ishares Trust 5493000860OXIC4B5K91 464287242 42743.00000000 NS USD 4829104.14000000 4.479036417673 Long EC RF US N 1 N N Ishares Inc 549300MGJZCNMJLBAJ67 46434G764 31212.00000000 NS USD 1907365.32000000 1.769098052643 Long EC RF US N 1 N N N ishares Trust 5493000860OXIC4B5K91 46434V290 29440.00000000 NS USD 1953344.00000000 1.811743681353 Long EC RF US N 1 N N N ishares Trust 5493000860OXIC4B5K91 46434V647 144477.00000000 NS USD 3856091.13000000 3.576558322293 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 78464A409 23316.00000000 NS USD 1933829.04000000 1.793643384902 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 78464A474 286639.00000000 NS USD 8679428.92000000 8.050246399798 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 78464A508 55457.00000000 NS USD 2931457.02000000 2.718952080711 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 78464A847 142629.00000000 NS USD 7798953.72000000 7.233597934301 Long EC RF US N 1 N N N SPDR Series Trust 5493004JVD6CQEEJSS37 78468R853 86235.00000000 NS USD 3924554.85000000 3.640059022688 Long EC RF US N 1 N N N Short-Term Invts T 549300UJV6OHYATSFU27 825252885 12335489.95000000 PA USD 12335489.95000000 11.44127505104 Long STIV RF US N 1 N N N VanEck ETF Trust 549300ZLFKNTXC51ZN76 92189H300 76212.00000000 NS USD 1935784.80000000 1.795457369444 Long EC RF US N 1 N N N Vanguard Tax Managed Funds 549300PTTIGTMUA02X28 921943858 239501.00000000 NS USD 12648047.81000000 11.73117520581 Long EC RF US N 1 N N N Vanguard Malvern Funds 549300EW16IGZDA38J20 922020805 117250.00000000 NS USD 5781597.50000000 5.362482357820 Long EC RF US N 1 N N N Vanguard Charlotte Funds 549300Z9BHDBGHMJLU94 92203J407 19219.00000000 NS USD 966331.32000000 0.896280769339 Long EC RF US N 1 N N N Vanguard International Equity Index Funds 549300UR5XWDVDO7NP96 922042858 81922.00000000 NS USD 3919967.70000000 3.635804400856 Long EC RF US N 1 N N N Vanguard Scottsdale Funds 549300Y88GQ3VLJIBX57 92206C102 32665.00000000 NS USD 1927888.30000000 1.788133296480 Long EC RF US N 1 N N N Vanguard Scottsdale Funds 549300Y88GQ3VLJIBX57 92206C706 15968.00000000 NS USD 964786.56000000 0.894847990899 Long EC RF US N 1 N N N Vanguard Scottsdale Funds 549300Y88GQ3VLJIBX57 92206C771 40841.00000000 NS USD 1928103.61000000 1.788332998392 Long EC RF US N 1 N N N Vanguard Index Funds 549300G6KNDK44WUN559 922908363 33027.00000000 NS USD 17427357.09000000 16.16402645437 Long EC RF US N 1 N N N Wisdomtree Trust 549300SEVJBU47TE8855 97717X578 29876.00000000 NS USD 986804.28000000 0.915269619187 Long EC RF US N 1 N N N CHICAGO MERCANTILE EXCHANGE (FLOOR) N/A N/A 9.00000000 NC USD 55732.50000000 0.051692382253 Long DE CORP US N 1 BOFA SECURITIES INC 549300HN4UKV1E2R3U73 Long CME Standard & Poor's 500 Inde SPX 2024-12-23 2560680.00000000 USD 55732.50000000 N N N CME GLOBEX N/A N/A 4.00000000 NC USD 33225.00000000 0.030816478722 Long DE CORP US N 1 BOFA SECURITIES INC 549300HN4UKV1E2R3U73 Long CME E-Mini Standard & Poor's M MID 2024-12-23 1226215.00000000 USD 33225.00000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 N/A 39.00000000 NC USD 7929.69000000 0.007354856979 Long DIR CORP US N 1 BOFA SECURITIES INC 549300HN4UKV1E2R3U73 Long N/A CBOT 5 Year US Treasury Note 2025-01-01 4277500.02000000 USD 7929.69000000 N N N ICE FUTURES U.S. 5493004R83R1LVX2IL36 N/A 18.00000000 NC USD 67265.00000000 0.062388877087 Long DE CORP US N 1 BOFA SECURITIES INC 549300HN4UKV1E2R3U73 Long ICE US MSCI Emerging Markets E MXEF 2024-12-23 988165.00000000 USD 67265.00000000 N N N ICE FUTURES U.S. 5493004R83R1LVX2IL36 N/A 13.00000000 NC USD 32245.00000000 0.029907520132 Long DE CORP US N 1 BOFA SECURITIES INC 549300HN4UKV1E2R3U73 Long ICE US mini MSCI EAFE Index MXEA 2024-12-23 1584825.00000000 USD 32245.00000000 N N N CME GLOBEX N/A N/A 4.00000000 NC USD 8572.50000000 0.007951068889 Long DE CORP US N 1 BOFA SECURITIES INC 549300HN4UKV1E2R3U73 Long RUSSELL 2000 INDEX RTY 2024-12-23 441267.50000000 USD 8572.50000000 N N N 2024-10-28 Northern Lights Variable Trust James Colantino James Colantino Treasurer XXXX