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      <seriesName>Variable Portfolio - Managed Volatility Conservative Fund</seriesName>
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      <repPdEnd>2019-12-31</repPdEnd>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>CTIVP-MFS BLENDED RESEARCH EQ CL1</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="19766E236"/>
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        <balance>223441.014000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>CTIVP - LOOMIS SAYLES GRTH FD CL1</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="19766E277"/>
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        <balance>98522.557000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>CTIVP - AMER CENT DIVERSE BD CLS 1</title>
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          <other otherDesc="Internal Id" value="19766E293"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal Id" value="19766E327"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal Id" value="19766E475"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
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          <isin value="US19766E5179"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP US GOVT MORTGAGE</title>
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          <other otherDesc="Internal Id" value="19766E541"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP MID CAP VAL-CLS 1</title>
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          <isin value="US19766E5823"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP MID CAP GRO OPP - CL 1</title>
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          <isin value="US19766E6243"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP LTD DUR BD- C</title>
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          <other otherDesc="Internal Id" value="19766E640"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP DISCIPLINED CORE FD -1</title>
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          <isin value="US19766E8140"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP DVDND OPPRT-1</title>
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          <isin value="US19766E8488"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>COLUMBIA VP - INTER BD FD CLASS 1</title>
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          <other otherDesc="Internal Id" value="19766E871"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
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        <name>COLUMBIA FUNDS/USA</name>
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        <name>COLUMBIA FUNDS/USA</name>
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        <name>COLUMBIA FUNDS/USA</name>
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        <name>COLUMBIA FUNDS/USA</name>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
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        <title>CTIVP - LA CAP LARGE CAP GRTH CL1</title>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>CTIVPSM AQR INT CORE EQ FD CL1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>CTIVP - TCW CORE PLUS BOND FD CL1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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        <name>COLUMBIA FUNDS/USA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA FUNDS/USA</name>
        <lei>N/A</lei>
        <title>CTIVP - T ROWE LRG CAP VAL CL1</title>
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          <isin value="US19766L8265"/>
          <other otherDesc="Internal Id" value="19766L826"/>
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        <balance>93838.158000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iShares iBoxx $ Investment Grade Corporate Bond ETF</name>
        <lei>549300FYCXFXG8POR355</lei>
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          <isin value="US4642872422"/>
          <ticker value="LQD"/>
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        <balance>95700.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>iShares MSCI EAFE ETF</name>
        <lei>549300O0XO3KDQV68404</lei>
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          <isin value="US4642874659"/>
          <ticker value="EFA"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P 500 ETF TRUST</name>
        <lei>549300NZAMSJ8FXPQQ63</lei>
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        <identifiers>
          <isin value="US78462F1030"/>
          <ticker value="SPY"/>
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        <balance>73425.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>AUD/USD FUTURE (CME) MAR 20</title>
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          <ticker value="ADH0"/>
          <other otherDesc="Internal Id" value="ADH0X20"/>
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        <balance>5.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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            <payOffProf>Long</payOffProf>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan</name>
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          <ticker value="BPH0"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>GBP/USD FUTURE (CME) MAR 20</issuerName>
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            <expDate>2020-03-16</expDate>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <cusip>000000000</cusip>
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          <ticker value="CDH0"/>
          <other otherDesc="Internal Id" value="CDH0X20"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CAD/USD FUTURE (CME) MAR 20</issuerName>
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            <expDate>2020-03-17</expDate>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SPX US 12/17/21 P2500</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CT1600305"/>
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        <balance>114.000000000000</balance>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <other otherDesc="Internal Id" value="CT1606395"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>JPMorgan</counterpartyName>
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              <indexBasketInfo>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="ESH0"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>HANG SENG INDEX JAN 20</title>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Short</payOffProf>
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            <notionalAmt>1509169.550000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-669.550000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US 10YR NOTE MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TYH0"/>
          <other otherDesc="Internal Id" value="TYH0C20"/>
        </identifiers>
        <balance>127.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-139160.250000000000</valUSD>
        <pctVal>-0.0242946473</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10YR NOTE MAR 20</issuerName>
                <issueTitle>US 10YR NOTE MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="TYH0C20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>16448738.380000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-139160.250000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US LONG BOND MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="USH0"/>
          <other otherDesc="Internal Id" value="USH0C20"/>
        </identifiers>
        <balance>60.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-191373.000000000000</valUSD>
        <pctVal>-0.0334099683</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US LONG BOND MAR 20</issuerName>
                <issueTitle>US LONG BOND MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="USH0C20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>9545748.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-191373.000000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO STOXX 50 MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000C174QX9"/>
          <ticker value="VGH0"/>
          <other otherDesc="Internal Id" value="VGH0I20"/>
        </identifiers>
        <balance>126.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891504000"/>
        <valUSD>58549.430000000000</valUSD>
        <pctVal>0.0102215809</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EURO STOXX 50 MAR 20</issuerName>
                <issueTitle>EURO STOXX 50 MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="VGH0I20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>4645402.000000000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>58549.430000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO STOXX 50 MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000C174QX9"/>
          <ticker value="VGH0"/>
          <other otherDesc="Internal Id" value="VGH0I20"/>
        </identifiers>
        <balance>15.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.891504000"/>
        <valUSD>-916.140000000000</valUSD>
        <pctVal>-0.0001599401</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EURO STOXX 50 MAR 20</issuerName>
                <issueTitle>EURO STOXX 50 MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="VGH0I20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>560111.730000000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-916.140000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US ULTRA T-BOND MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNH0"/>
          <other otherDesc="Internal Id" value="WNH0C20"/>
        </identifiers>
        <balance>6.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-32827.230000000000</valUSD>
        <pctVal>-0.0057309898</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US ULTRA T-BOND MAR 20</issuerName>
                <issueTitle>US ULTRA T-BOND MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="WNH0C20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>1122764.730000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-32827.230000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SPI 200 MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="XPH0"/>
          <other otherDesc="Internal Id" value="XPH0I20"/>
        </identifiers>
        <balance>11.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.425009000"/>
        <valUSD>-10726.840000000000</valUSD>
        <pctVal>-0.0018726956</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SPI 200 MAR 20</issuerName>
                <issueTitle>SPI 200 MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="XPH0I20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-19</expDate>
            <notionalAmt>1830705.800000000000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>-10726.840000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FTSE 100 INDEX MAR 20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00F7D1RN68"/>
          <ticker value="Z H0"/>
          <other otherDesc="Internal Id" value="Z H0I20"/>
        </identifiers>
        <balance>17.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.754945000"/>
        <valUSD>62549.880000000000</valUSD>
        <pctVal>0.0109199809</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>FTSE 100 INDEX MAR 20</issuerName>
                <issueTitle>FTSE 100 INDEX MAR 20</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="Z H0I20"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>1227683.340000000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>62549.880000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SPX US 12/17/21 P2600</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="Z946J5WB6"/>
        </identifiers>
        <balance>96.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1089120.000000000000</valUSD>
        <pctVal>0.1901389678</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500</indexName>
                <indexIdentifier>SPX000009</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.000000000000000</shareNo>
            <exercisePrice>2600.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2021-12-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-56463.000000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-01-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Columbia Funds Variable Insurance Trust</ncom:nameOfApplicant>
      <ncom:signature>Martha Skinner</ncom:signature>
      <ncom:signerName>Martha Skinner</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
