NPORT-P false 0000815425 XXXXXXXX S000040390 C000206836 C000125449 Columbia Funds Variable Insurance Trust 811-05199 0000815425 549300293M2AM3RU8K52 290 Congress Street Boston 02110 800-345-6611 Variable Portfolio - Managed Volatility Conservative Growth Fund S000040390 549300FHF67Z6OQ8ZU22 2025-12-31 2025-06-30 N 1224886913.350000000000 96551218.300000000000 1128335695.050000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 95643915.550000000000 0.000000000000 0.000000000000 0.000000000000 AUD CHF SEK NZD JPY SGD EUR USD NOK GBP CAD N N/A N/A Citi MBNUM2BPBDO7JBLYG310 000000000 -64500000.000000000000 OU Notional Amount N/A -118253.450000000000 -0.0104803429 N/A DFE CORP SE N 2 Citi MBNUM2BPBDO7JBLYG310 64500000.00 SEK 6722111.06 USD 2025-08-20 -118253.450000000000 N N N Citi MBNUM2BPBDO7JBLYG310 000000000 800000.000000000000 OU Notional Amount N/A 11806.400000000000 0.0010463553 N/A DFE CORP AU N 2 Citi MBNUM2BPBDO7JBLYG310 515254.40 USD 800000.00 AUD 2025-08-20 11806.400000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 86.000000000000 NC USD 1277530.000000000000 0.1132225104 N/A DE CORP US N 1 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 Put Purchased S&P 500 INDEX SPX000009 100.000000000000000 5000.000000000000 USD 2026-12-18 XXXX -77359.530000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 7.000000000000 NC USD 164080.000000000000 0.0145417716 N/A DE CORP US N 1 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 Call Purchased S&P 500 INDEX SPX000009 100.000000000000000 6150.000000000000 USD 2025-09-19 XXXX 40169.290000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 -7.000000000000 NC USD -92400.000000000000 -0.0081890523 N/A DE CORP US N 1 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 Put Written S&P 500 INDEX SPX000009 100.000000000000000 6150.000000000000 USD 2025-09-19 XXXX 25889.290000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 139.000000000000 NC USD 1173950.420000000000 0.1040426555 N/A DE CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Long S&P500 EMINI SEP 25 S&P500 EMINI SEP 25 2025-09-19 42289612.08 USD 1173950.420000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 301.000000000000 NC USD 388883.720000000000 0.0344652502 N/A DIR CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Long US 5YR NOTE SEP 25 US 5YR NOTE SEP 25 2025-09-30 32420116.28 USD 388883.720000000000 N N N HSBC CYYGQCGNHMHPSMRL3R97 000000000 1955000000.000000000000 OU Notional Amount N/A 213250.970000000000 0.0188996033 N/A DFE CORP JP N 2 HSBC CYYGQCGNHMHPSMRL3R97 13440998.83 USD 1955000000.00 JPY 2025-08-20 213250.970000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 101050000.000000000000 OU Notional Amount N/A 10380.120000000000 0.0009199496 N/A DFE CORP NO N 2 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 10018078.14 USD 101050000.00 NOK 2025-08-20 10380.120000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 12.000000000000 NC 22792.220000000000 0.0020199857 N/A DE CORP CA N 1 JPMorgan ZBUT11V806EZRVTWT807 Long S&P/TSE 60 INDEX SEP 25 S&P/TSE 60 INDEX SEP 25 2025-09-18 3808918.21 CAD 22792.220000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 163.000000000000 NC 21267.100000000000 0.0018848203 N/A DE CORP SE N 1 JPMorgan ZBUT11V806EZRVTWT807 Long OMXS30 INDEX JUL 25 OMXS30 INDEX JUL 25 2025-07-18 40438517.97 SEK 21267.100000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 21.000000000000 NC 11597.120000000000 0.0010278076 N/A DE CORP SG N 1 JPMorgan ZBUT11V806EZRVTWT807 Long MSCI SING IX ETS JUL 25 MSCI SING IX ETS JUL 25 2025-07-30 848822.73 SGD 11597.120000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 -25.000000000000 NC USD -42187.000000000000 -0.0037388696 N/A DE CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Short RUSSELL 2000 EMINI CME SEP 25 RUSSELL 2000 EMINI CME SEP 25 2025-09-19 -2697438.00 USD -42187.000000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 33.000000000000 NC 154137.610000000000 0.0136606163 N/A DE CORP JP N 1 JPMorgan ZBUT11V806EZRVTWT807 Long TOPIX INDEX SEP 25 TOPIX INDEX SEP 25 2025-09-11 920043911.18 JPY 154137.610000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 161.000000000000 NC USD 144345.970000000000 0.0127928214 N/A DIR CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Long US 2YR NOTE SEP 25 US 2YR NOTE SEP 25 2025-09-30 33347427.55 USD 144345.970000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 10.000000000000 NC USD -486.740000000000 -0.0000431379 N/A DIR CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Long US 2YR NOTE SEP 25 US 2YR NOTE SEP 25 2025-09-30 2080721.12 USD -486.740000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 58.000000000000 NC USD 72757.100000000000 0.0064481785 N/A DIR CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Long US 10YR NOTE SEP 25 US 10YR NOTE SEP 25 2025-09-19 6430492.90 USD 72757.100000000000 N N N UBS T6FIZBDPKLYJKFCRVK44 000000000 350000.000000000000 OU Notional Amount N/A 2073.780000000000 0.0001837910 N/A DFE CORP CA N 2 UBS T6FIZBDPKLYJKFCRVK44 255617.00 USD 350000.00 CAD 2025-08-20 2073.780000000000 N N N UBS T6FIZBDPKLYJKFCRVK44 000000000 6800000.000000000000 OU Notional Amount N/A 160022.130000000000 0.0141821384 N/A DFE CORP XX N 2 UBS T6FIZBDPKLYJKFCRVK44 7877290.00 USD 6800000.00 EUR 2025-08-20 160022.130000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 -61.000000000000 NC USD -244362.120000000000 -0.0216568634 N/A DIR CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Short US LONG BOND SEP 25 US LONG BOND SEP 25 2025-09-19 -6799231.63 USD -244362.120000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 33.000000000000 NC 24172.330000000000 0.0021422995 N/A DE CORP DE N 1 JPMorgan ZBUT11V806EZRVTWT807 Long EURO STOXX 50 SEP 25 EURO STOXX 50 SEP 25 2025-09-19 1737161.58 EUR 24172.330000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 96.000000000000 NC -39940.690000000000 -0.0035397879 N/A DE CORP DE N 1 JPMorgan ZBUT11V806EZRVTWT807 Long EURO STOXX 50 SEP 25 EURO STOXX 50 SEP 25 2025-09-19 5149407.53 EUR -39940.690000000000 N N N Wells Fargo VYVVCKR63DVZZN70PB21 000000000 -7700000.000000000000 OU Notional Amount N/A -237690.720000000000 -0.0210656032 N/A DFE CORP CH N 2 Wells Fargo VYVVCKR63DVZZN70PB21 7700000.00 CHF 9529467.09 USD 2025-08-20 -237690.720000000000 N N N UMBS N/A 01F030470 950000.000000000000 PA USD 905745.430000000000 0.0802726914 Long ABS-MBS USGA US N 2 2040-07-17 Fixed 3.000000000000 N N N N N N UMBS N/A 01F030678 26343000.000000000000 PA USD 22790397.250000000000 2.0198241844 Long ABS-MBS USGA US N 2 2055-07-14 Fixed 3.000000000000 N N N N N N UMBS N/A 01F032476 1500000.000000000000 PA USD 1447340.580000000000 0.1282721611 Long ABS-MBS USGA US N 2 2040-07-17 Fixed 3.500000000000 N N N N N N UMBS N/A 01F032674 5400000.000000000000 PA USD 4861109.050000000000 0.4308211706 Long ABS-MBS USGA US N 2 2055-07-14 Fixed 3.500000000000 N N N N N N UMBS N/A 01F040479 2150000.000000000000 PA USD 2102744.980000000000 0.1863581015 Long ABS-MBS USGA US N 2 2040-07-17 Fixed 4.0000 N N N N N N UMBS N/A 01F040677 21996000.000000000000 PA USD 20450271.130000000000 1.8124279166 Long ABS-MBS USGA US N 2 2055-07-14 Fixed 4.000000000000 N N N N N N UMBS N/A 01F042673 18100000.000000000000 PA USD 17311228.790000000000 1.5342268144 Long ABS-MBS USGA US N 2 2055-07-14 Fixed 4.5000 N N N N N N UMBS N/A 01F050676 8850000.000000000000 PA USD 8672116.420000000000 0.7685759174 Long ABS-MBS USGA US N 2 2055-07-14 Fixed 5.0000 N N N N N N Columbia Variable Portfolio - Small Cap Value Fund QFDZC6A36M07XEWD4L46 19765R303 277520.315000000000 NS USD 3654942.550000000000 0.3239233294 Long EC RF US N N/A N N N COLUMBIA VP LONG GOVT/CREDIT BD 1 N/A 19765R444 5698873.078000000000 NS USD 42912514.280000000000 3.8031690806 Long EC RF US N N/A N N N COLUMBIA CONTRARIAN CORE CL I MF N/A 19765R535 245212.968000000000 NS USD 14102197.790000000000 1.2498228898 Long EC RF US N N/A N N N Columbia Variable Portfolio - Small Company Growth Fund S7VQF2LJKBJBPNFLD691 19765R642 258346.265000000000 NS USD 3730520.070000000000 0.3306214708 Long EC RF US N N/A N N N VP - PARTNERS CORE BD FD CL1 N/A 19766E129 10533581.376000000000 NS USD 105230477.950000000000 9.3261675946 Long EC RF US N N/A N N N VP - PARTNERS INTL GROWTH FD 1 N/A 19766E145 1294946.480000000000 NS USD 16406971.900000000000 1.4540860466 Long EC RF US N N/A N N N CTIVP - VICTORY SYCAMORE EST VAL CL1 N/A 19766E178 61430.739000000000 NS USD 3094880.630000000000 0.2742872218 Long EC RF US N N/A N N N COLUMBIA VP OVERSEAS CORE-1 N/A 19766E418 3520186.742000000000 NS USD 56463795.340000000000 5.0041663654 Long EC RF US N N/A N N N COLUMBIA VP SEL LARGE CAP VAL CL 1 N/A 19766E475 434122.786000000000 NS USD 20738045.490000000000 1.8379322378 Long EC RF US N N/A N N N Columbia Variable Portfolio - Large Cap Growth Fund N/A 19766E517 419176.930000000000 NS USD 21491201.200000000000 1.9046814963 Long EC RF US N N/A N N N Columbia VP - US Government Mortgage Fund N/A 19766E541 2665609.049000000000 NS USD 24523603.250000000000 2.1734314848 Long EC RF US N N/A N N N COLUMBIA VP SEL MID CAP VAL CL 1 N/A 19766E582 73072.592000000000 NS USD 3125314.760000000000 0.2769844802 Long EC RF US N N/A N N N COLUMBIA VARIABLE PORTFOLIO - MI 0OPPEF28BGYQSTF7XF64 19766E624 50369.711000000000 NS USD 3178328.760000000000 0.2816829046 Long EC RF US N N/A N N N COLUMBIA VP LTD DUR BD- C N/A 19766E640 2064139.763000000000 NS USD 20414342.260000000000 1.8092436807 Long EC RF US N N/A N N N COLUMBIA VARIABLE PORTFOLIO - CORPORATE BOND FUND N/A 19766E749 1642254.727000000000 NS USD 12513981.020000000000 1.1090654204 Long EC RF US N N/A N N N COLUMBIA VP DISCIPLINED CORE FD-1 N/A 19766E814 381285.078000000000 NS USD 44267197.560000000000 3.9232293859 Long EC RF US N N/A N N N VP PARTNERS CORE EQUITY FD CL 1 N/A 19766E236 240339.305000000000 NS USD 11593968.070000000000 1.0275282543 Long EC RF US N N/A N N N CTIVP - PRINCIPAL LARGE CAP GROWTH FUND N/A 19766E277 235181.206000000000 NS USD 18445261.990000000000 1.6347317621 Long EC RF US N N/A N N N CTIVP - AMER CENT DIVERSE BD CLS 1 N/A 19766E293 7633481.553000000000 NS USD 71067713.260000000000 6.2984547570 Long EC RF US N N/A N N N VP - PARTNERS INTL VALUE FD 1 N/A 19766E327 1370911.540000000000 NS USD 16382392.900000000000 1.4519077055 Long EC RF US N N/A N N N COLUMBIA VP INTERMED BOND FD CL 1 N/A 19766E871 9992301.097000000000 NS USD 88232018.690000000000 7.8196603260 Long EC RF US N N/A N N N COLUMBIA SHORT TERM CASH FUND N/A 19766H239 190691809.858000000000 NS USD 190653671.500000000000 16.8968926833 Long STIV CORP US N 1 N N N CTIVP - WESTFIELD MID CAP GRTH CL1 N/A 19766L107 54933.449000000000 NS USD 3155377.310000000000 0.2796488070 Long EC RF US N N/A N N N CTIVP - WELLINGTON LG CAP VAL FD 1 N/A 19766L305 393074.877000000000 NS USD 18246535.790000000000 1.6171194326 Long EC RF US N N/A N N N COLUMBIA VP SEL LARGE CAP EQ FD 1 N/A 19766L495 1889388.723000000000 NS USD 45760994.870000000000 4.0556188261 Long EC RF US N N/A N N N CTIVP - WESTFIELD SELECT LARGE CAP GROWTH FUND N/A 19766L610 291548.800000000000 NS USD 18516264.290000000000 1.6410244195 Long EC RF US N N/A N N N VP - PARTNERS INTL CORE EQUITY FD CL1 N/A 19766L727 1818606.035000000000 NS USD 21805086.360000000000 1.9324999161 Long EC RF US N N/A N N N CTIVP - TCW CORE PLUS BOND FD CL1 N/A 19766L743 8871070.915000000000 NS USD 84097752.270000000000 7.4532563881 Long EC RF US N N/A N N N VP - PARTNERS SMALL CAP VALUE-1 N/A 19766L776 128938.443000000000 NS USD 4839059.770000000000 0.4288670288 Long EC RF US N N/A N N N VP - PARTNERS SM CAP GR N/A 19766L792 144492.657000000000 NS USD 4956098.140000000000 0.4392396839 Long EC RF US N N/A N N N CTIVP - T ROWE LRG CAP VAL CL1 N/A 19766L826 434638.348000000000 NS USD 17685434.380000000000 1.5673911991 Long EC RF US N N/A N N N ISHARES S&P 500 5493007M4YMN8XL48C14 464287200 41000.000000000000 NS USD 25456900.000000000000 2.2561459424 Long EC RF US N 1 N N N iShares Core U.S. Aggregate Bond ETF 549300F7VSXTKBGHJE47 464287226 240000.000000000000 NS USD 23808000.000000000000 2.1100103546 Long EC RF US N 1 N N N ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND FUND ETF 549300FYCXFXG8POR355 464287242 114150.000000000000 NS USD 12511981.500000000000 1.1088882107 Long EC RF US N 1 N N N VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF N/A 92206C870 175000.000000000000 NS USD 14511000.000000000000 1.2860534381 Long EC RF US N 1 N N N Vanguard S&P 500 ETF 549300D8V8ZP5GRJOC71 922908363 45000.000000000000 NS USD 25561350.000000000000 2.2654029392 Long EC RF US N 1 N N N Barclays AC28XWWI3WIBK2824319 000000000 7900000.000000000000 OU Notional Amount N/A 177821.100000000000 0.0157595918 N/A DFE CORP GB N 2 Barclays AC28XWWI3WIBK2824319 10669345.00 USD 7900000.00 GBP 2025-08-20 177821.100000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 93.000000000000 NC USD 1069965.000000000000 0.0948268325 N/A DE CORP US N 1 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 Put Purchased S&P 500 INDEX SPX000009 100.000000000000000 4700.000000000000 USD 2026-12-18 XXXX -507016.070000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 40.000000000000 NC USD 500600.000000000000 0.0443662291 N/A DE CORP US N 1 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 Put Purchased S&P 500 INDEX SPX000009 100.000000000000000 4800.000000000000 USD 2026-12-18 XXXX -129941.180000000000 N N N Wells Fargo VYVVCKR63DVZZN70PB21 000000000 -6050000.000000000000 OU Notional Amount N/A -85018.640000000000 -0.0075348711 N/A DFE CORP NZ N 2 Wells Fargo VYVVCKR63DVZZN70PB21 6050000.00 NZD 3609006.50 USD 2025-08-20 -85018.640000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 -61.000000000000 NC USD -288400.460000000000 -0.0255598100 N/A DIR CORP US N 1 JPMorgan ZBUT11V806EZRVTWT807 Short US ULTRA T-BOND SEP 25 US ULTRA T-BOND SEP 25 2025-09-19 -6978224.54 USD -288400.460000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 11.000000000000 NC 3046.790000000000 0.0002700251 N/A DE CORP AU N 1 JPMorgan ZBUT11V806EZRVTWT807 Long SPI 200 SEP 25 SPI 200 SEP 25 2025-09-18 2343110.85 AUD 3046.790000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 4.000000000000 NC -1325.020000000000 -0.0001174314 N/A DE CORP AU N 1 JPMorgan ZBUT11V806EZRVTWT807 Long SPI 200 SEP 25 SPI 200 SEP 25 2025-09-18 855729.48 AUD -1325.020000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 6.000000000000 NC 589.170000000000 0.0000522158 N/A DE CORP GB N 1 JPMorgan ZBUT11V806EZRVTWT807 Long FTSE 100 INDEX SEP 25 FTSE 100 INDEX SEP 25 2025-09-19 526945.99 GBP 589.170000000000 N N N JPMorgan ZBUT11V806EZRVTWT807 000000000 6.000000000000 NC -272.050000000000 -0.0000241107 N/A DE CORP GB N 1 JPMorgan ZBUT11V806EZRVTWT807 Long FTSE 100 INDEX SEP 25 FTSE 100 INDEX SEP 25 2025-09-19 527578.98 GBP -272.050000000000 N N N Morgan Stanley 9R7GPTSO7KV3UQJZQ078 000000000 165.000000000000 NC USD 1738275.000000000000 0.1540565461 N/A DE CORP US N 1 Morgan Stanley 9R7GPTSO7KV3UQJZQ078 Put Purchased S&P 500 INDEX SPX000009 100.000000000000000 4600.000000000000 USD 2026-12-18 XXXX -432882.140000000000 N N N 2025-07-23 Columbia Funds Variable Insurance Trust Martha Skinner Martha Skinner Assistant Treasurer