NPORT-P
false
0000822671
XXXXXXXX
S000003873
C000010842
C000010841
Putnam Variable Trust
811-05346
0000822671
549300TBVD21LYBGBD46
100 FEDERAL STREET
BOSTON
02110
1-800-225-1581
Putnam VT Growth Opportunities Fund
S000003873
ZREV7S924QLJLC41VU70
2022-12-31
2021-12-31
N
1233935387.72
6465297.22
1227470090.5
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
930795.48
N
JOHNSON CONTROLS INTERNATIONAL PLC
549300XQ6S1GYKGBL205
COMMON STOCK
G51502105
262100
NS
USD
21311351
1.736201245549
Long
EC
CORP
US
N
1
N
N
N
UNITEDHEALTH GROUP INC
549300GHBMY8T5GXDE41
COMMON STOCK
91324P102
43280
NS
USD
21732619.2
1.770521283427
Long
EC
CORP
US
N
1
N
N
N
CHIPOTLE MEXICAN GRILL INC
N/A
COMMON STOCK
169656105
6423
NS
USD
11229009.75
0.914809235427
Long
EC
CORP
US
N
1
N
N
N
LIVE NATION ENTERTAINMENT INC
5493007B9BM9ZXJINO78
COMMON STOCK
538034109
91003
NS
USD
10892149.07
0.887365741479
Long
EC
CORP
US
N
1
N
N
N
DEXCOM INC
549300YSK3QDSFR5EU59
COMMON STOCK
252131107
20883
NS
USD
11213126.85
0.913515281291
Long
EC
CORP
US
N
1
N
N
N
SALESFORCE.COM INC
RCGZFPDMRW58VJ54VR07
COMMON STOCK
79466L302
63441
NS
USD
16122261.33
1.313454515493
Long
EC
CORP
US
N
1
N
N
N
NETFLIX INC
549300Y7VHGU0I7CE873
COMMON STOCK
64110L106
7723
NS
USD
4652644.12
0.379043380039
Long
EC
CORP
US
N
1
N
N
N
NVIDIA CORP
549300S4KLFTLO7GSQ80
COMMON STOCK
67066G104
163136
NS
USD
47979928.96
3.908847093818
Long
EC
CORP
US
N
1
N
N
N
VISA INC
549300JZ4OKEHW3DPJ59
COMMON STOCK
92826C839
121658
NS
USD
26364505.18
2.147873531424
Long
EC
CORP
US
N
1
N
N
N
TESLA INC
54930043XZGB27CTOV49
COMMON STOCK
88160R101
41991
NS
USD
44375248.98
3.615179654758
Long
EC
CORP
US
N
1
N
N
N
HCA HEALTHCARE INC
529900PH4ZGUH2MNEU89
COMMON STOCK
40412C101
84460
NS
USD
21699463.2
1.767820117813
Long
EC
CORP
US
N
1
N
N
N
META PLATFORMS INC
BQ4BKCS1HXDV9HN80Z93
COMMON STOCK
30303M102
108028
NS
USD
36335217.8
2.960171337877
Long
EC
CORP
US
N
1
N
N
N
SERVICENOW INC
549300HJTQM36M0E1G39
COMMON STOCK
81762P102
18105
NS
USD
11752136.55
0.957427528455
Long
EC
CORP
US
N
1
N
N
N
PALO ALTO NETWORKS INC
549300QXR2YVZV231H43
COMMON STOCK
697435105
33866
NS
USD
18855234.16
1.536105385046
Long
EC
CORP
US
N
1
N
N
N
IQVIA HOLDINGS INC
549300W3R20NM4KQPH86
COMMON STOCK
46266C105
59501
NS
USD
16787612.14
1.367659568239
Long
EC
CORP
US
N
1
N
N
N
ALPHABET INC
5493006MHB84DD0ZWV18
COMMON STOCK
02079K107
24451
NS
USD
70751169.09
5.76398314204
Long
EC
CORP
US
N
1
N
N
N
PAYPAL HOLDINGS INC
5493005X2GO78EFZ3E94
COMMON STOCK
70450Y103
126656
NS
USD
23884788.48
1.945855028555
Long
EC
CORP
US
N
1
N
N
N
BLOCK INC
549300OHIIUWSTIZME52
COMMON STOCK
852234103
13121
NS
USD
2119172.71
0.172645568018
Long
EC
CORP
US
N
1
N
N
N
INGERSOLL RAND INC
5299004C02FMZCUOIR50
COMMON STOCK
45687V106
91391
NS
USD
5654361.17
0.460651645507
Long
EC
CORP
US
N
1
N
N
N
DOCUSIGN INC
549300Q7PVDWRZ39JG09
COMMON STOCK
256163106
40076
NS
USD
6103975.56
0.497281001569
Long
EC
CORP
US
N
1
N
N
N
UBER TECHNOLOGIES INC
549300B2FTG34FILDR98
COMMON STOCK
90353T100
456471
NS
USD
19139829.03
1.559290868114
Long
EC
CORP
US
N
1
N
N
N
DRAFTKINGS INC
5493008P45UYYL683Z97
COMMON STOCK
26142R104
195439
NS
USD
5368709.33
0.437380052805
Long
EC
CORP
US
N
1
N
N
AIRBNB INC
549300HMUDNO0RY56D37
COMMON STOCK
009066101
57475
NS
USD
9569012.75
0.779571968723
Long
EC
CORP
US
N
1
N
N
N
MARVELL TECHNOLOGY INC
N/A
COMMON STOCK
573874104
192109
NS
USD
16807616.41
1.369289283713
Long
EC
CORP
US
N
1
N
N
N
INTUIT INC
VI90HBPH7XSFMB9E4M29
COMMON STOCK
461202103
40831
NS
USD
26263315.82
2.139629798173
Long
EC
CORP
US
N
1
N
N
N
ESTEE LAUDER COS INC/THE
549300VFZ8XJ9NUPU221
COMMON STOCK
518439104
41304
NS
USD
15290740.8
1.245711884823
Long
EC
CORP
US
N
1
N
N
N
DANAHER CORP
S4BKK9OTCEWQ3YHPFM11
COMMON STOCK
235851102
60956
NS
USD
20055133.56
1.63385924555
Long
EC
CORP
US
N
1
N
N
N
APPLE INC
HWUPKR0MPOU8FGXBT394
COMMON STOCK
037833100
634200
NS
USD
112614894
9.174552999017
Long
EC
CORP
US
N
1
N
N
N
WALT DISNEY CO/THE
549300GZKULIZ0WOW665
COMMON STOCK
254687106
48758
NS
USD
7552126.62
0.615259522692
Long
EC
CORP
US
N
1
N
N
N
MASTERCARD INC
AR5L2ODV9HN37376R084
COMMON STOCK
57636Q104
85444
NS
USD
30701738.08
2.501220870277
Long
EC
CORP
US
N
1
N
N
N
NIKE INC
787RXPR0UX0O0XUXPZ81
COMMON STOCK
654106103
129308
NS
USD
21551764.36
1.755787332563
Long
EC
CORP
US
N
1
N
N
N
IDEXX LABORATORIES INC
OGMTXK0LUU1HKV2P0J84
COMMON STOCK
45168D104
16990
NS
USD
11187235.4
0.911405946799
Long
EC
CORP
US
N
1
N
N
N
CADENCE DESIGN SYSTEMS INC
GCT7RXJOGLXPV0NXZY22
COMMON STOCK
127387108
118758
NS
USD
22130553.3
1.802940329975
Long
EC
CORP
US
N
1
N
N
N
SHERWIN-WILLIAMS CO/THE
Z15BMIOX8DDH0X2OBP21
COMMON STOCK
824348106
39586
NS
USD
13940605.76
1.135718570081
Long
EC
CORP
US
N
1
N
N
N
COSTCO WHOLESALE CORP
29DX7H14B9S6O3FD6V18
COMMON STOCK
22160K105
10480
NS
USD
5949496
0.484695802044
Long
EC
CORP
US
N
1
N
N
N
AMERICAN TOWER CORP
5493006ORUSIL88JOE18
COMMON STOCK
03027X100
57314
NS
USD
16764345
1.365764032032
Long
EC
CORP
US
N
1
N
N
N
MICROSOFT CORP
INR2EJN1ERAN0W5ZP974
COMMON STOCK
594918104
390087
NS
USD
131194059.84
10.688167545212
Long
EC
CORP
US
N
1
N
N
N
AMAZON.COM INC
ZXTILKJKG63JELOEG630
COMMON STOCK
023135106
25500
NS
USD
85025670
6.926903609143
Long
EC
CORP
US
N
1
N
N
N
ADOBE INC
FU4LY2G4933NH2E1CP29
COMMON STOCK
00724F101
49374
NS
USD
27998020.44
2.280953373666
Long
EC
CORP
US
N
1
N
N
N
O'REILLY AUTOMOTIVE INC
549300K2RLMQL149Q332
COMMON STOCK
67103H107
19262
NS
USD
13603402.26
1.108247147143
Long
EC
CORP
US
N
1
N
N
N
ADVANCED MICRO DEVICES INC
R2I72C950HOYXII45366
COMMON STOCK
007903107
105507
NS
USD
15182457.3
1.236890203477
Long
EC
CORP
US
N
1
N
N
N
REGENERON PHARMACEUTICALS INC
549300RCBFWIRX3HYQ56
COMMON STOCK
75886F107
16882
NS
USD
10661320.64
0.868560523186
Long
EC
CORP
US
N
1
N
N
N
ELI LILLY AND CO
FRDRIPF3EKNDJ2CQJL29
COMMON STOCK
532457108
40985
NS
USD
11320876.7
0.922293487036
Long
EC
CORP
US
N
1
N
N
N
DEERE AND CO
PWFTNG3EI0Y73OXWDH08
COMMON STOCK
244199105
46423
NS
USD
15917982.47
1.296812247663
Long
EC
CORP
US
N
1
N
N
N
TJX COS INC/THE
V167QI9I69W364E2DY52
COMMON STOCK
872540109
259814
NS
USD
19725078.88
1.606970225398
Long
EC
CORP
US
N
1
N
N
N
UNION PACIFIC CORP
549300LMMRSZZCZ8CL11
COMMON STOCK
907818108
87339
NS
USD
22003314.27
1.792574372304
Long
EC
CORP
US
N
1
N
N
N
COSTAR GROUP INC
N/A
COMMON STOCK
22160N109
22901
NS
USD
1809866.03
0.147446853818
Long
EC
CORP
US
N
1
N
N
N
HOME DEPOT INC/THE
QEKMOTMBBKA8I816DO57
COMMON STOCK
437076102
37543
NS
USD
15580720.43
1.269336055566
Long
EC
CORP
US
N
1
N
N
N
HC BRILLANT SERVICES GMBH
N/A
ORDINARY SHARES
N/A
66
NS
0.01
0.000000000815
Long
EC
CORP
DE
Y
3
N
N
N
UNIVERSAL MUSIC GROUP NV
724500GJBUL3D9TW9Y18
ORDINARY SHARES
N/A
328656
NS
9272049.81
0.755378879026
Long
EC
CORP
NL
N
1
N
N
N
ACCENTURE PLC
N/A
ORDINARY SHARES
G1151C101
64017
NS
USD
26538247.35
2.162028024584
Long
EC
CORP
IE
N
1
N
N
N
LONZA GROUP AG
549300EFW4H2TCZ71055
ORDINARY SHARES
N/A
12654
NS
10576477.61
0.861648498962
Long
EC
CORP
CH
N
1
N
N
N
LULULEMON ATHLETICA INC
549300D9GZ4BMLDW5T40
ORDINARY SHARES
550021109
33712
NS
USD
13196562.4
1.075102562754
Long
EC
CORP
CA
N
1
N
N
N
PUTNAM CASH COLLATERAL POOL LLC
5493005HRIV7IFMKD774
SHORT TERM INV FUND
N/A
3164850
NS
USD
3164850
0.257835203032
Long
STIV
PF
US
N
2
N
N
PUTNAM SHORT TERM INVESTMENT FUND
5493003MK0Q7JP8CPP42
SHORT TERM INV FUND
74676P664
12033506
NS
USD
12033506
0.98035024178
Long
STIV
PF
US
N
2
N
N
N
2022-02-24
Putnam Investments Inc
Janet C. Smith
NPORT
Principal Financial Officer
XXXX