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      <regCik>0000914036</regCik>
      <regLei>3EICVM5HD7FVBIM8WO57</regLei>
      <regStreet1>P O BOX 1110</regStreet1>
      <regCity>FORT WAYNE</regCity>
      <regStateConditional regCountry="US" regState="US-IN"/>
      <regZipOrPostalCode>46801</regZipOrPostalCode>
      <regPhone>260-455-3404</regPhone>
      <seriesName>LVIP U.S. Aggressive Growth Allocation Managed Risk Fund</seriesName>
      <seriesId>S000063432</seriesId>
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      <repPdEnd>2019-12-31</repPdEnd>
      <repPdDate>2019-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
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      <liquidPref>0</liquidPref>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LVIP T. Rowe Price Structured Mid-Cap Growth Fund</name>
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      <invstOrSec>
        <name>LVIP Wellington Mid-Cap Value Fund</name>
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        <title>LVIP Wellington Mid-Cap Value Fund</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LVIP SSgA Small Cap Index Fund</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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        <cusip>000000000</cusip>
        <identifiers>
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        <units>NC</units>
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        <issuerConditional desc="derivative" issuerCat="OTHER"/>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
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                <indexIdentifier>FVH0 Comdty</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LVIP Baron Growth Opportunities Fund</name>
        <lei>F7QKW1QGK0Z0FAQB4H59</lei>
        <title>LVIP Baron Growth Opportunities Fund</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>LVIP MFS Value Fund</name>
        <lei>I8PWKL6YNV2I0SRW8B56</lei>
        <title>LVIP MFS Value Fund</title>
        <cusip>474903408</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LVIP Western Asset Core Bond Fund</name>
        <lei>549300U47Z5JZVUKHE71</lei>
        <title>LVIP Western Asset Core Bond Fund</title>
        <cusip>53500Q775</cusip>
        <identifiers>
          <isin value="US53500Q7759"/>
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        <balance>378074.80600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP SSgA Small-Mid Cap 200 Fund</name>
        <lei>XDP4P8WUU8MSZILKKQ09</lei>
        <title>LVIP SSgA Small-Mid Cap 200 Fund</title>
        <cusip>534898614</cusip>
        <identifiers>
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        <balance>131446.53500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1676469.11000000</valUSD>
        <pctVal>1.998595563106</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>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>
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          <isin value="US4749038539"/>
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        <balance>868059.00700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LVIP T. Rowe Price Growth Stock Fund</name>
        <lei>WRNAMU05RIX3QWP8GY77</lei>
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          <isin value="US4749035071"/>
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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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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP Clarion Global Real Estate Fund</name>
        <lei>ZJO68HZDT4S4CT0MS688</lei>
        <title>LVIP Clarion Global Real Estate Fund</title>
        <cusip>534898101</cusip>
        <identifiers>
          <isin value="US5348981011"/>
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        <balance>168736.62400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1648556.82000000</valUSD>
        <pctVal>1.965320044567</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>LVIP BlackRock Inflation Protected Bond Fund</name>
        <lei>MZ4W4ROOON3S99B8WI92</lei>
        <title>LVIP BlackRock Inflation Protected Bond Fund</title>
        <cusip>534898523</cusip>
        <identifiers>
          <isin value="US5348985236"/>
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        <balance>206528.16400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2075194.99000000</valUSD>
        <pctVal>2.473934935547</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>LVIP Delaware Bond Fund</name>
        <lei>TX5WPE5J86ZXCTSWEQ14</lei>
        <title>LVIP Delaware Bond Fund</title>
        <cusip>535000111</cusip>
        <identifiers>
          <isin value="US5350001112"/>
        </identifiers>
        <balance>278333.60600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3813727.07000000</valUSD>
        <pctVal>4.546518606001</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>
    </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>2020-01-16</ncom:dateSigned>
      <ncom:nameOfApplicant>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</ncom:nameOfApplicant>
      <ncom:signature>William Flory</ncom:signature>
      <ncom:signerName>William Flory</ncom:signerName>
      <ncom:title>VP</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
