NPORT-EX 2 NPORT_LNDC_34895578_0922.htm
LVIP Global Conservative Allocation Managed Risk Fund
Schedule of Investments
September 30, 2022 (unaudited)
    Number of
Shares 		Value
(U.S. $)
AFFILIATED INVESTMENTS–92.95%
INVESTMENT COMPANIES–92.95%
Equity Funds–26.08%
✧✧Lincoln Variable Insurance Products Trust-  
LVIP Channing Small Cap Value Fund
  355,325 $  3,167,013
LVIP Delaware Mid Cap Value Fund
  416,320  15,098,271
LVIP MFS Value Fund
  282,989  12,904,005
LVIP SSGA Large Cap 100 Fund
  2,281,248  26,092,908
LVIP SSGA Mid-Cap Index Fund
  1,482,543  15,501,470
LVIP SSGA Nasdaq-100 Index Fund
  233,032 1,815,782
LVIP SSGA S&P 500 Index Fund
  4,095,648 84,542,372
LVIP SSGA Small-Cap Index Fund
  733,182 19,130,189
LVIP T. Rowe Price Growth Stock Fund
  926,448 32,812,941
LVIP T. Rowe Price Structured Mid-Cap Growth Fund
  665,966 14,975,570
      226,040,521
Fixed Income Funds–56.53%
✧✧Lincoln Variable Insurance Products Trust-  
LVIP BlackRock Inflation Protected Bond Fund
  4,600,545 44,399,860
LVIP Delaware Bond Fund
  16,414,294 189,716,410
LVIP JPMorgan High Yield Fund
  2,510,457 23,485,328
LVIP PIMCO Low Duration Bond Fund
  1,036,156 9,665,258
LVIP SSGA Bond Index Fund
  3,439,348 33,846,625
LVIP SSGA Short-Term Bond Index Fund
  622,613 6,039,347
LVIP Western Asset Core Bond Fund
  21,926,663 182,824,518
      489,977,346
Global Equity Fund–0.66%
✧✧Lincoln Variable Insurance Products Trust–

LVIP BlackRock Global Real Estate Fund
  878,173 5,756,426
      5,756,426
    Number of
Shares 		Value
(U.S. $)
AFFILIATED INVESTMENTS (continued)
INVESTMENT COMPANIES (continued)
Global Fixed Income Fund–0.96%
✧✧Lincoln Variable Insurance Products Trust–

LVIP Global Income Fund
  938,914 $  8,271,832
      8,271,832
International Equity Funds–8.72%
✧✧Lincoln Variable Insurance Products Trust-  
LVIP Loomis Sayles Global Growth Fund
  697,227   7,444,989
LVIP MFS International Growth Fund
  1,515,394  23,682,584
LVIP Mondrian International Value Fund
  1,497,719 18,526,782
LVIP SSGA Developed International 150 Fund
  1,240,399 7,673,106
LVIP SSGA International Index Fund
  2,277,356 18,207,461
      75,534,922
Total Affiliated Investments

(Cost $810,088,077)
    805,581,047
    
       
UNAFFILIATED INVESTMENT–5.30%
INVESTMENT COMPANY–5.30%
Money Market Fund–5.30%
State Street Institutional U.S. Government Money Market Fund - Premier Class (seven-day effective yield 2.94%)
  45,949,212  45,949,212
Total Unaffiliated Investment

(Cost $45,949,212)
    45,949,212
    
TOTAL INVESTMENTS–98.25% (Cost $856,037,289)
851,530,259
RECEIVABLES AND OTHER ASSETS NET OF LIABILITIES–1.75%
15,169,831
NET ASSETS APPLICABLE TO 77,104,483 SHARES OUTSTANDING–100.00%
$866,700,090
    
✧✧ Standard Class shares.
LVIP Global Conservative Allocation Managed Risk Fund–1

 

LVIP Global Conservative Allocation Managed Risk Fund
Schedule of Investments (continued)
The following futures contracts were outstanding at September 30, 2022:
Futures Contracts
Contracts to Buy (Sell)   Notional
Amount 		  Notional
Cost (Proceeds) 		  Expiration
Date 		  Value/
Unrealized
Appreciation1 		  Value/
Unrealized
Depreciation1
Currency Contracts:
(64) Australian Dollar   $(4,105,920)   $(4,323,891)   12/19/22   $217,971   $—
(142) British Pound   (9,923,138)   (10,275,973)   12/19/22   352,835   —
(186) Euro   (22,927,987)   (23,402,521)   12/19/22   474,534   —
(124) Japanese Yen   (10,793,425)   (10,844,453)   12/19/22   51,028   —
(13) Swedish Krona   (2,353,260)   (2,442,780)   12/19/22   89,520   —
    1,185,888   —
Equity Contracts:
(53) E-mini MSCI Emerging Markets Index   (2,309,475)   (2,593,343)   12/16/22   283,868   —
(214) E-mini Russell 2000 Index   (17,866,860)   (19,824,106)   12/16/22   1,957,245   —
(608) E-mini S&P 500 Index   (109,485,600)   (122,846,389)   12/16/22   13,360,789   —
(174) E-mini S&P MidCap 400 Index   (38,422,680)   (43,053,492)   12/16/22   4,630,812   —
(645) Euro STOXX 50 Index   (20,955,186)   (22,972,289)   12/16/22   2,017,103   —
(119) FTSE 100 Index   (9,187,258)   (9,935,067)   12/16/22   747,810   —
(127) OMXS 30 Index   (2,094,227)   (2,217,129)   10/21/22   122,902   —
(36) SPI 200 Index   (3,722,379)   (3,990,770)   12/15/22   268,391   —
(79) TOPIX Index   (10,021,696)   (10,433,953)   12/8/22   412,257   —
    23,801,177   —
Total Futures Contracts   $24,987,065   $—
The use of futures contracts involves elements of market risk and risks in excess of the amounts recognized in the financial statements. The notional amounts presented above represent the Fund’s total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund’s net assets.
    
1 Includes cumulative appreciation (depreciation) of futures contracts from the date the contracts were opened through September 30, 2022.
    
Summary of Abbreviations:
FTSE–Financial Times Stock Exchange
MSCI–Morgan Stanley Capital International
OMXS–Stockholm Stock Exchange
S&P–Standard & Poor’s
SPI–Swiss Performance Index
TOPIX–Tokyo Stock Price Index
See accompanying notes.
LVIP Global Conservative Allocation Managed Risk Fund–2

 

LVIP Global Conservative Allocation Managed Risk Fund
Notes
September 30, 2022 (unaudited)
1. Significant Accounting Policies
Lincoln Variable Insurance Products Trust (“LVIP” or the “Trust”)–LVIP Global Conservative Allocation Managed Risk Fund (the “Fund”) is considered an investment company under U.S. generally accepted accounting principles (“U.S. GAAP”) and follows the accounting and reporting guidelines for investment companies. The following accounting policies are consistently followed by the Fund in the preparation of its financial statements in conformity with U.S. GAAP including, but not limited to, Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services- Investment Companies".
Security Valuation – The Fund operates under a fund of funds structure and invests substantially all of its assets in open-end investment companies and mutual funds that are advised by Lincoln Investment Advisors Corporation (“LIAC”) or other unaffiliated managers (collectively, the “Underlying Funds”). The Fund values Underlying Funds that are open-end funds at their closing net asset value (“NAV”). Securities of each open-end Underlying Fund are valued under the valuation policy of such Underlying Fund. For information regarding the determination of the Underlying Funds’ NAVs, see the Underlying Funds’ prospectuses and statements of additional information. Financial statements for the Underlying Funds can be found at www.sec.gov.   Investments in government money market funds have a stable NAV.   Futures contracts are valued at the daily quoted settlement prices.
2. Investments
U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. A three level hierarchy for fair value measurements has been established based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the asset or liability developed based on the best information available under the circumstances. Each investment in its entirety is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three level hierarchy of inputs is summarized below.
Level 1– inputs are quoted prices in active markets for identical investments (e.g., equity securities, open-end investment companies, futures contracts, options contracts)
Level 2– other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs) (e.g., debt securities, government securities, swap contracts, foreign currency exchange contracts, foreign securities utilizing international fair value pricing)
Level 3– inputs are significant unobservable inputs (including the Fund's own assumptions used to determine the fair value of investments) (e.g., indicative quotes from brokers, fair valued securities)
The following table summarizes the valuation of the Fund's investments by fair value hierarchy levels as of September 30, 2022:
  Level 1   Level 2   Level 3   Total
Investments:              
Assets:
             
Affiliated Investment Companies
$805,581,047   $—   $—   $805,581,047
Unaffiliated Investment Company
45,949,212   —   —   45,949,212
Total Investments
$851,530,259   $—   $—   $851,530,259
Derivatives:              
Assets:
             
Futures Contracts
$24,987,065   $—   $—   $24,987,065
There were no Level 3 investments at the beginning or end of the period.
LVIP Global Conservative Allocation Managed Risk Fund–3

 

LVIP Global Conservative Allocation Managed Risk Fund
Notes (continued)
3. Transactions with Affiliates
Affiliated investments, for purposes of the Investment Company Act of 1940, are investments that have a common investment adviser, LIAC (LVIP Funds), or investments in issuers whereby the Fund held 5% or more of the issuers' outstanding securities (non-LVIP Funds). Affiliated investments of the Fund and the corresponding investment activity for the period ended September 30, 2022, were as follows:
  Value
12/31/21 		  Purchases   Sales   Net
Realized
Gain (Loss) 		  Net Change
in
Unrealized
Appreciation
(Depreciation) 		  Value
09/30/22 		  Number of
Shares
09/30/22 		  Dividends   Capital
Gain
Distributions 		 
INVESTMENT COMPANIES-92.95%@                                    
Equity Funds-26.08%@                                    
✧✧‡LVIP Channing Small Cap Value Fund
$—   $3,842,324   $303,602   $14,529   $(386,238)   $3,167,013   355,325   $—   $—  
✧✧LVIP Delaware Mid Cap Value Fund
19,912,632   2,093,029   2,887,910   44,939   (4,064,419)   15,098,271   416,320   495,868   —  
✧✧LVIP MFS Value Fund
18,867,939   1,077,544   3,514,251   548,330   (4,075,557)   12,904,005   282,989   610,630   —  
✧✧LVIP SSGA Large Cap 100 Fund
42,601,097   2,190,031   10,862,326   199,663   (8,035,557)   26,092,908   2,281,248   379,793   —  
✧✧LVIP SSGA Mid-Cap Index Fund
22,411,186   2,840,666   3,253,025   422,238   (6,919,595)   15,501,470   1,482,543   1,919,494   —  
✧✧LVIP SSGA Nasdaq-100 Index Fund
2,800,830   341,405   397,187   (31,332)   (897,934)   1,815,782   233,032   33,109   —  
✧✧LVIP SSGA S&P 500 Index Fund
127,493,642   10,683,241   16,623,025   9,015,993   (46,027,479)   84,542,372   4,095,648   8,644,655   —  
✧✧LVIP SSGA Small-Cap Index Fund
32,361,500   5,387,584   8,554,713   281,345   (10,345,527)   19,130,189   733,182   2,349,893   —  
✧✧LVIP T. Rowe Price Growth Stock Fund
44,523,540   21,568,592   7,515,723   (1,439,425)   (24,324,043)   32,812,941   926,448   6,352,926   —  
✧✧LVIP T. Rowe Price Structured Mid-Cap Growth Fund
14,722,538   10,479,744   3,755,985   (729,371)   (5,741,356)   14,975,570   665,966   2,011,751   —  
Fixed Income Funds-56.53%@                                    
✧✧LVIP BlackRock Inflation Protected Bond Fund
61,409,017   798,759   14,494,636   (333,890)   (2,979,390)   44,399,860   4,600,545   —   —  
✧✧LVIP Delaware Bond Fund
244,192,051   10,073,186   28,068,397   (3,831,846)   (32,648,584)   189,716,410   16,414,294   54,595   —  
✧✧LVIP JPMorgan High Yield Fund
35,981,430   87,209   8,324,096   (487,945)   (3,771,270)   23,485,328   2,510,457   —   —  
✧✧LVIP PIMCO Low Duration Bond Fund
4,803,622   6,111,654   953,651   (39,427)   (256,940)   9,665,258   1,036,156   —   —  
✧✧LVIP SSGA Bond Index Fund
44,941,497   1,115,391   5,949,648   (307,249)   (5,953,366)   33,846,625   3,439,348   7,768   —  
✧✧LVIP SSGA Short-Term Bond Index Fund
7,599,728   250,731   1,453,629   (19,972)   (337,511)   6,039,347   622,613   31,855   —  
✧✧LVIP Western Asset Core Bond Fund
243,968,070   8,232,786   26,701,394   (3,784,594)   (38,890,350)   182,824,518   21,926,663   —   —  
Global Equity Fund-0.66%@                                    
✧✧LVIP BlackRock Global Real Estate Fund
11,435,103   685,671   2,942,682   (335,317)   (3,086,349)   5,756,426   878,173   171,227   —  
Global Fixed Income Fund-0.96%@                                    
✧✧LVIP Global Income Fund
11,223,132   375,977   1,299,583   (218,120)   (1,809,574)   8,271,832   938,914   —   —  
International Equity Funds-8.72%@                                    
✧✧LVIP Loomis Sayles Global Growth Fund
10,580,023   2,371,931   1,723,489   (2,778)   (3,780,698)   7,444,989   697,227   527,934   —  
✧✧LVIP MFS International Growth Fund
31,272,237   5,746,374   3,347,529   (657,298)   (9,331,200)   23,682,584   1,515,394   1,863,057   —  
✧✧LVIP Mondrian International Value Fund
24,639,329   2,445,212   2,533,146   (280,439)   (5,744,174)   18,526,782   1,497,719   188,931   —  
✧✧LVIP SSGA Developed International 150 Fund
11,130,160   991,817   2,026,200   95,132   (2,517,803)   7,673,106   1,240,399   329,652   —  
✧✧×LVIP SSGA Emerging Markets Equity Index Fund
10,133,573   8,899   10,263,346   2,284,114   (2,163,240)   —   —   —   —  
LVIP Global Conservative Allocation Managed Risk Fund–4

 

LVIP Global Conservative Allocation Managed Risk Fund
Notes (continued)
 3. Transactions with Affiliates (continued)
  Value
12/31/21 		  Purchases   Sales   Net
Realized
Gain (Loss) 		  Net Change
in
Unrealized
Appreciation
(Depreciation) 		  Value
09/30/22 		  Number of
Shares
09/30/22 		  Dividends   Capital
Gain
Distributions 		 
✧✧LVIP SSGA International Index Fund
$35,427,574   $2,027,359   $10,543,631   $1,823,608   $(10,527,449)   $18,207,461   2,277,356   $275,262   $—  
Total
$1,114,431,450   $101,827,116   $178,292,804   $2,230,888   $(234,615,603)   $805,581,047       $26,248,400   $—  
    
@ As a percentage of Net Assets as of September 30, 2022.
✧✧ Standard Class shares.
‡ Issuer was not an investment of the Fund at December 31, 2021.
× Issuer is no longer an affiliate of the Fund at September 30, 2022.
LVIP Global Conservative Allocation Managed Risk Fund–5