<?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>S000063431</seriesId>
        <classId>C000205541</classId>
        <classId>C000205542</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</regName>
      <regFileNumber>811-08090</regFileNumber>
      <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 Global Aggressive Growth Allocation Managed Risk Fund</seriesName>
      <seriesId>S000063431</seriesId>
      <seriesLei>549300L7EV0TL7RU6E93</seriesLei>
      <repPdEnd>2020-12-31</repPdEnd>
      <repPdDate>2020-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>234618239.30</totAssets>
      <totLiabs>121969868.21</totLiabs>
      <netAssets>112648371.09</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>8016617.60000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000205542" rtn1="-1.11000000" rtn2="-5.98000000" rtn3="-6.25000000"/>
          <monthlyTotReturn classId="C000205541" rtn1="-1.13000000" rtn2="-6.00000000" rtn3="-6.27000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="-132734.88000000"/>
            <mon3 netRealizedGain="7025364.45000000" netUnrealizedAppr="-1545803.23000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="-132734.88000000"/>
              <instrMon3 netRealizedGain="7025364.45000000" netUnrealizedAppr="-1545803.23000000"/>
            </futureCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="-3663.15000000"/>
            <mon3 netRealizedGain="55023.60000000" netUnrealizedAppr="253280.73000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="-3663.15000000"/>
              <instrMon3 netRealizedGain="55023.60000000" netUnrealizedAppr="253280.73000000"/>
            </futureCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="42773.45000000"/>
            <mon2 netRealizedGain="50106.65000000" netUnrealizedAppr="29282.75000000"/>
            <mon3 netRealizedGain="345584.17000000" netUnrealizedAppr="381376.07000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="42773.45000000"/>
              <instrMon2 netRealizedGain="50106.65000000" netUnrealizedAppr="29282.75000000"/>
              <instrMon3 netRealizedGain="345584.17000000" netUnrealizedAppr="381376.07000000"/>
            </futureCategory>
          </interestRtContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-25428.41000000" netUnrealizedAppr="-1353400.45000000"/>
        <othMon2 netRealizedGain="4513.19000000" netUnrealizedAppr="-7225813.19000000"/>
        <othMon3 netRealizedGain="-1312215.98000000" netUnrealizedAppr="-12351923.36000000"/>
      </returnInfo>
      <mon1Flow redemption="1431064.31000000" reinvestment="0.00000000" sales="10377274.20000000"/>
      <mon2Flow redemption="1265972.94000000" reinvestment="0.00000000" sales="9503455.14000000"/>
      <mon3Flow redemption="2720012.63000000" reinvestment="0.00000000" sales="9224772.13000000"/>


    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>LVIP Mondrian International Value Fund</name>
        <lei>75AN0H8T28E3LGUKRV37</lei>
        <title>LVIP Mondrian International Value Fund</title>
        <cusip>535000152</cusip>
        <identifiers>
          <isin value="US5350001526"/>
        </identifiers>
        <balance>344047.56700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4254492.21000000</valUSD>
        <pctVal>3.776789818470</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>EURO FX CURR FUT  JUN20 XCME 20200615</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1D89S9"/>
        </identifiers>
        <balance>-33.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>94486.10000000</valUSD>
        <pctVal>0.083877022886</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Euro FX Currency Future</indexName>
                <indexIdentifier>ECM0 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-15</expDate>
            <notionalAmt>-4652404.85000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>94486.10000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>AUDUSD CRNCY FUT  JUN20 XCME 20200615</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1K0Y68"/>
        </identifiers>
        <balance>-22.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>13726.40000000</valUSD>
        <pctVal>0.012185173977</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Australian Dollar Currency Future</indexName>
                <indexIdentifier>ADM0 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-15</expDate>
            <notionalAmt>-1365186.40000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>13726.40000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures U.S., Inc.</name>
        <lei>5493004R83R1LVX2IL36</lei>
        <title>MSCI EMGMKT       JUN20 IFUS 20200619</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1D4L96"/>
        </identifiers>
        <balance>-99.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-64729.25000000</valUSD>
        <pctVal>-0.05746132800</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures U.S., Inc.</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Emerging Markets</indexName>
                <indexIdentifier>MESM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-4107625.75000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-64729.25000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP SSgA Emerging Markets Equity Index Fund</name>
        <lei>549300TX2W97ZKHHF152</lei>
        <title>LVIP SSgA Emerging Markets Equity Index Fund</title>
        <cusip>53500Q676</cusip>
        <identifiers>
          <isin value="US53500Q6769"/>
        </identifiers>
        <balance>514944.16700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4501641.91000000</valUSD>
        <pctVal>3.996189085063</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 Clarion Global Real Estate Fund</name>
        <lei>ZJO68HZDT4S4CT0MS688</lei>
        <title>LVIP Clarion Global Real Estate Fund</title>
        <cusip>534898101</cusip>
        <identifiers>
          <isin value="US5348981011"/>
        </identifiers>
        <balance>299320.33100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2202997.64000000</valUSD>
        <pctVal>1.955640919334</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 Bond Index Fund</name>
        <lei>X5PPJVEZIDWEFRKRER10</lei>
        <title>LVIP SSgA Bond Index Fund</title>
        <cusip>534898663</cusip>
        <identifiers>
          <isin value="US5348986630"/>
        </identifiers>
        <balance>422078.21700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5006691.81000000</valUSD>
        <pctVal>4.444531031877</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 Global Income Fund</name>
        <lei>0BLP1NWPPKDBOCRPMN44</lei>
        <title>LVIP Global Income Fund</title>
        <cusip>534898598</cusip>
        <identifiers>
          <isin value="US5348985988"/>
        </identifiers>
        <balance>60769.70300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>704624.71000000</valUSD>
        <pctVal>0.625508121583</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S+P500 EMINI FUT  JUN20 XCME 20200619</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI19X157"/>
        </identifiers>
        <balance>-220.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-392900.00000000</valUSD>
        <pctVal>-0.34878444863</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>E-mini S&amp;P 500 Index</indexName>
                <indexIdentifier>ESM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-27873800.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-392900.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <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>
        <identifiers>
          <isin value="US4749038539"/>
        </identifiers>
        <balance>1628869.59300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27444823.77000000</valUSD>
        <pctVal>24.36326731087</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 T. Rowe Price Structured Mid-Cap Growth Fund</name>
        <lei>IKC8MFICKNZ414MAGJ47</lei>
        <title>LVIP T. Rowe Price Structured Mid-Cap Growth Fund</title>
        <cusip>535000103</cusip>
        <identifiers>
          <isin value="US5350001039"/>
        </identifiers>
        <balance>44953.44800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1046830.94000000</valUSD>
        <pctVal>0.929290792108</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 Large Cap 100 Fund</name>
        <lei>ZGG96APH7D63U63FX232</lei>
        <title>LVIP SSgA Large Cap 100 Fund</title>
        <cusip>534898622</cusip>
        <identifiers>
          <isin value="US5348986226"/>
        </identifiers>
        <balance>555833.55700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5014174.52000000</valUSD>
        <pctVal>4.451173569117</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>LINCOLN VARIABLE INSURANCE MUTUAL FUND NPV</name>
        <lei>N/A</lei>
        <title>LINCOLN VARIABLE INSURANCE MUTUAL FUND NPV</title>
        <cusip>535000178</cusip>
        <identifiers>
          <isin value="US5350001781"/>
        </identifiers>
        <balance>45060.20700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1064457.27000000</valUSD>
        <pctVal>0.944938004606</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"/>
        </identifiers>
        <balance>278486.88200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2763425.33000000</valUSD>
        <pctVal>2.453142733677</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S+P MID 400 EMINI JUN20 XCME 20200619</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1K55H5"/>
        </identifiers>
        <balance>-54.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>155239.02000000</valUSD>
        <pctVal>0.137808490702</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>E-mini S&amp;P MidCap 400 Index</indexName>
                <indexIdentifier>FAM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-7919359.02000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>155239.02000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP SSgA Emerging Markets Fund</name>
        <lei>YXMQSSTE7K566U77J545</lei>
        <title>LVIP SSgA Emerging Markets Fund</title>
        <cusip>534898630</cusip>
        <identifiers>
          <isin value="US5348986309"/>
        </identifiers>
        <balance>127666.89600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>780172.40000000</valUSD>
        <pctVal>0.692573174783</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>JPN YEN CURR FUT  JUN20 XCME 20200615</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1GVJT2"/>
        </identifiers>
        <balance>-30.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>54838.50000000</valUSD>
        <pctVal>0.048681130023</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>JPN Yen Currency Future</indexName>
                <indexIdentifier>JYM0 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-15</expDate>
            <notionalAmt>-3549651.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>54838.50000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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>
        <identifiers>
          <isin value="US8574927062"/>
        </identifiers>
        <balance>2426425.93000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2426425.93000000</valUSD>
        <pctVal>2.153982260481</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>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"/>
        </identifiers>
        <balance>532508.06600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5338925.87000000</valUSD>
        <pctVal>4.739461226416</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>SWEDISH KRONA FUT JUN20 XCME 20200615</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1KTB29"/>
        </identifiers>
        <balance>-5.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>38136.00000000</valUSD>
        <pctVal>0.033854018154</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Swedish Krona Currency Future</indexName>
                <indexIdentifier>SEM0 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-15</expDate>
            <notionalAmt>-1047836.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>38136.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>E-MINI RUSS 2000  JUN20 XCME 20200619</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1HKD61"/>
        </identifiers>
        <balance>-90.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-64337.50000000</valUSD>
        <pctVal>-0.05711356442</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>E-mini Russell 2000 Index</indexName>
                <indexIdentifier>RTYM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-5099862.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-64337.50000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASX Clear (Futures)</name>
        <lei>549300ZD7BBOVZFVHK49</lei>
        <title>SPI 200 FUTURES   JUN20 XSFE 20200618</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1GZGS8"/>
        </identifiers>
        <balance>-17.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.62575200"/>
        <valUSD>-8975.02000000</valUSD>
        <pctVal>-0.00796728786</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ASX Clear (Futures)</counterpartyName>
              <counterpartyLei>549300ZD7BBOVZFVHK49</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P ASX Share Price Index 200</indexName>
                <indexIdentifier>XPM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-18</expDate>
            <notionalAmt>-2156733.85000000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>-8975.02000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP Loomis Sayles Global Growth Fund</name>
        <lei>549300E0BQH07C3TZN20</lei>
        <title>LVIP Loomis Sayles Global Growth Fund</title>
        <cusip>53500Q726</cusip>
        <identifiers>
          <isin value="US53500Q7262"/>
        </identifiers>
        <balance>200089.39800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2077528.22000000</valUSD>
        <pctVal>1.844259441923</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 Developed International Fund</name>
        <lei>ZC1JP9GQKS75O7IOKT07</lei>
        <title>LVIP SSgA Developed International Fund</title>
        <cusip>534898648</cusip>
        <identifiers>
          <isin value="US5348986481"/>
        </identifiers>
        <balance>366561.81900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2064476.16000000</valUSD>
        <pctVal>1.832672891781</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>369353.69300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5112593.82000000</valUSD>
        <pctVal>4.538542164906</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 Mid-Cap Index Fund</name>
        <lei>549300YYWU78MNJNW746</lei>
        <title>LVIP SSgA Mid-Cap Index Fund</title>
        <cusip>535000764</cusip>
        <identifiers>
          <isin value="US5350007648"/>
        </identifiers>
        <balance>634224.54200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5342073.32000000</valUSD>
        <pctVal>4.742255274807</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>Osaka Exchange</name>
        <lei>3538001249AILNPRUX57</lei>
        <title>TOPIX INDX FUTR   JUN20 XOSE 20200611</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI19X4B1"/>
        </identifiers>
        <balance>-28.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="107.52500000"/>
        <valUSD>-240259.66000000</valUSD>
        <pctVal>-0.21328285324</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Osaka Exchange</counterpartyName>
              <counterpartyLei>3538001249AILNPRUX57</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>TOPIX Index</indexName>
                <indexIdentifier>TPM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-11</expDate>
            <notionalAmt>-367006080.00000000</notionalAmt>
            <curCd>JPY</curCd>
            <unrealizedAppr>-240259.66000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO STOXX 50     JUN20 XEUR 20200619</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI14K5F4"/>
        </identifiers>
        <balance>-150.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.90670100"/>
        <valUSD>-620502.24000000</valUSD>
        <pctVal>-0.55083108081</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Eurex Deutschland</counterpartyName>
              <counterpartyLei>529900LN3S50JPU47S06</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>EURO STOXX 50 Index</indexName>
                <indexIdentifier>VGM0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-3557890.00000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-620502.24000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP SSgA International Index Fund</name>
        <lei>9JGZTL6DAJQG1H1UEI15</lei>
        <title>LVIP SSgA International Index Fund</title>
        <cusip>534898655</cusip>
        <identifiers>
          <isin value="US5348986556"/>
        </identifiers>
        <balance>1676604.27500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12665068.69000000</valUSD>
        <pctVal>11.24301094410</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>BP CURRENCY FUT   JUN20 XCME 20200615</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1GVKM5"/>
        </identifiers>
        <balance>-36.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>48430.58000000</valUSD>
        <pctVal>0.042992703339</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>British Pound Currency Future</indexName>
                <indexIdentifier>BPM0 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-15</expDate>
            <notionalAmt>-2851030.58000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>48430.58000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures Europe - Financial Products Division</name>
        <lei>N/A</lei>
        <title>FTSE 100 IDX FUT  JUN20 IFLL 20200619</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1D89B6"/>
        </identifiers>
        <balance>-40.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80508800"/>
        <valUSD>-314599.15000000</valUSD>
        <pctVal>-0.27927536541</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures Europe - Financial Products Division</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE 100 Index</indexName>
                <indexIdentifier>Z M0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-2000920.00000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-314599.15000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nasdaq Nordic</name>
        <lei>N/A</lei>
        <title>OMXS30 IND FUTURE APR20 XSTO 20200417</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1JYD10"/>
        </identifiers>
        <balance>-69.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="SEK" exchangeRt="9.89255000"/>
        <valUSD>-127474.31000000</valUSD>
        <pctVal>-0.11316125458</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Nasdaq Nordic</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>OMXS30 Index</indexName>
                <indexIdentifier>QCJ0 Index</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-04-17</expDate>
            <notionalAmt>-8950954.00000000</notionalAmt>
            <curCd>SEK</curCd>
            <unrealizedAppr>-127474.31000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP SSgA Small Cap Index Fund</name>
        <lei>XOQF2PFRA3OF885Z6D59</lei>
        <title>LVIP SSgA Small Cap Index Fund</title>
        <cusip>474903101</cusip>
        <identifiers>
          <isin value="US4749031013"/>
        </identifiers>
        <balance>288095.21000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6316487.48000000</valUSD>
        <pctVal>5.607260379249</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>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 5YR NOTE (CBT) JUN20 XCBT 20200630</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1G00H6"/>
        </identifiers>
        <balance>471.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>444037.27000000</valUSD>
        <pctVal>0.394179929725</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Board of Trade</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>5 Year US Treasury Note</indexName>
                <indexIdentifier>FVM0 Comdty</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-06-30</expDate>
            <notionalAmt>58600228.36000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>444037.27000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVIP MFS International Growth Fund</name>
        <lei>9LBFO02LQR4KRKTDGJ66</lei>
        <title>LVIP MFS International Growth Fund</title>
        <cusip>474903200</cusip>
        <identifiers>
          <isin value="US4749032003"/>
        </identifiers>
        <balance>349742.88000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5454589.96000000</valUSD>
        <pctVal>4.842138334731</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 T. Rowe Price Growth Stock Fund</name>
        <lei>WRNAMU05RIX3QWP8GY77</lei>
        <title>LVIP T. Rowe Price Growth Stock Fund</title>
        <cusip>474903507</cusip>
        <identifiers>
          <isin value="US4749035071"/>
        </identifiers>
        <balance>98349.56700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4113077.24000000</valUSD>
        <pctVal>3.651253187419</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>2020-04-21</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>
  <documents>XXXX</documents>
</edgarSubmission>
