<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000914036</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000071412</seriesId>
        <classId>C000226491</classId>
        <classId>C000226492</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</regName>
      <regFileNumber>811-08090</regFileNumber>
      <regCik>0000914036</regCik>
      <regLei>3EICVM5HD7FVBIM8WO57</regLei>
      <regStreet1>1301 S. Harrison Street</regStreet1>
      <regCity>FORT WAYNE</regCity>
      <regStateConditional regCountry="US" regState="US-IN"/>
      <regZipOrPostalCode>46802</regZipOrPostalCode>
      <regPhone>260-455-2000</regPhone>
      <seriesName>Lincoln Hedged S&amp;P 500 Fund</seriesName>
      <seriesId>S000071412</seriesId>
      <seriesLei>5493003ZY8IGI3RUZ549</seriesLei>
      <repPdEnd>2026-12-31</repPdEnd>
      <repPdDate>2026-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>65886217.78</totAssets>
      <totLiabs>5411980.81</totLiabs>
      <netAssets>60474236.97</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.00000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000226491" rtn1="0.77000000" rtn2="0.08000000" rtn3="-1.97000000"/>
          <monthlyTotReturn classId="C000226492" rtn1="0.80000000" rtn2="0.11000000" rtn3="-1.94000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="-18294.31000000" netUnrealizedAppr="70607.17000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="321882.45000000"/>
            <mon3 netRealizedGain="653073.52000000" netUnrealizedAppr="-237728.38000000"/>
            <optionCategory>
              <instrMon1 netRealizedGain="-18294.31000000" netUnrealizedAppr="70607.17000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="321882.45000000"/>
              <instrMon3 netRealizedGain="653073.52000000" netUnrealizedAppr="-237728.38000000"/>
            </optionCategory>
          </equityContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-690.55000000" netUnrealizedAppr="417441.36000000"/>
        <othMon2 netRealizedGain="-1013.12000000" netUnrealizedAppr="-232893.08000000"/>
        <othMon3 netRealizedGain="-32476.24000000" netUnrealizedAppr="-1529892.60000000"/>
      </returnInfo>
      <mon1Flow redemption="1018851.77000000" reinvestment="0.00000000" sales="4022876.12000000"/>
      <mon2Flow redemption="517856.59000000" reinvestment="0.00000000" sales="2529404.80000000"/>
      <mon3Flow redemption="1394859.10000000" reinvestment="0.00000000" sales="3011063.63000000"/>


      <varInfo>

        <fundsDesignatedInfo>
          <nameDesignatedIndex>S&amp;P 500 Index</nameDesignatedIndex>
          <indexIdentifier>SPX</indexIdentifier>

        </fundsDesignatedInfo>

      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>LVIP SSGA S&amp;P 500 Index Fund</name>
        <lei>HZ6M8PNJZPCVFNAKW534</lei>
        <title>LVIP SSGA S&amp;P 500 Index Fund</title>
        <cusip>474903853</cusip>
        <identifiers>
          <isin value="US4749038539"/>
        </identifiers>
        <balance>937894.31000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30223643.98000000</valUSD>
        <pctVal>49.97771860270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Global Advisors</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
        </identifiers>
        <balance>93148.59000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>93148.59000000</valUSD>
        <pctVal>0.154030203053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260617P00526320</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEII77900"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-79353.12000000</valUSD>
        <pctVal>-0.13121805908</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>526.32000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-06-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>234567.01000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260617C00682480</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEII77918"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-257652.78000000</valUSD>
        <pctVal>-0.42605379234</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>682.48000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-06-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>164206.37000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260617P00598090</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEII77926"/>
        </identifiers>
        <balance>231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>227507.28000000</valUSD>
        <pctVal>0.376205292367</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>598.09000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-06-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-365398.62000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260617C00011960</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEII77934"/>
        </identifiers>
        <balance>115.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7350663.15000000</valUSD>
        <pctVal>12.15503248705</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>11.96000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-06-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>417773.25000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260916C00745050</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ00827"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-85215.90000000</valUSD>
        <pctVal>-0.14091273287</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>745.05000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>211766.21000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260916C00013200</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ00835"/>
        </identifiers>
        <balance>115.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7320868.95000000</valUSD>
        <pctVal>12.10576489560</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>13.20000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-104657.31000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260916P00580840</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ00843"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-351020.67000000</valUSD>
        <pctVal>-0.58044662915</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>580.84000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>34505.46000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 260916P00660040</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ00850"/>
        </identifiers>
        <balance>231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>825850.41000000</valUSD>
        <pctVal>1.365623530578</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>660.04000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>63563.47000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 261216C0076907</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ20577"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-122538.57000000</valUSD>
        <pctVal>-0.20262937763</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>769.07000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>156030.50000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 261216C00013440</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ20619"/>
        </identifiers>
        <balance>115.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7300331.10000000</valUSD>
        <pctVal>12.07180357417</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>13.44000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-209479.59000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 261216P00591490</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ20643"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-535585.05000000</valUSD>
        <pctVal>-0.88564168286</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>591.49000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-71520.89000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 261216P00672150</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ20932"/>
        </identifiers>
        <balance>231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1094143.05000000</valUSD>
        <pctVal>1.809271360534</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>672.15000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>199232.01000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 270317C00762380</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ39882"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-284742.15000000</valUSD>
        <pctVal>-0.47084868576</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>762.38000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-03-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>37723.02000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 270317C00013250</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ39890"/>
        </identifiers>
        <balance>115.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7290763.10000000</valUSD>
        <pctVal>12.05598196074</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>13.25000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-03-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-105663.00000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 270317P00662480</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ39916"/>
        </identifiers>
        <balance>231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1112121.78000000</valUSD>
        <pctVal>1.839000929522</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>662.48000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-03-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>87209.94000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SG Americas Securities LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>4XSP 270317P00582980</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="AEIJ39924"/>
        </identifiers>
        <balance>-231.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-589100.82000000</valUSD>
        <pctVal>-0.97413518469</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>SG Americas Securities LLC</counterpartyName>
              <counterpartyLei>549300F35UE0BOM1WJ55</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 Mini Index</indexName>
                <indexIdentifier>XSP INDEX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>582.98000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-03-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-31314.65000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-23</ncom:dateSigned>
      <ncom:nameOfApplicant>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</ncom:nameOfApplicant>
      <ncom:signature>James Hoffmayer</ncom:signature>
      <ncom:signerName>James Hoffmayer</ncom:signerName>
      <ncom:title>VP</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
