# EDGAR Filing Document

**Accession Number:** 0001352621
**File Stem:** 0000910472-25-000326
**Filing Date:** 2025-8
**Character Count:** 20740
**Document Hash:** 00013af73c2dfdcfab2f2955d2909687
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-000326.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000910472-25-000326

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Variable Trust
- **CENTRAL INDEX KEY:** 0001352621

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21853
- **FILM NUMBER:** 251269002

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 17645 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Donoghue Forlines Momentum VIT Fund (Series ID: S000016887)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000186847 | Donoghue Forlines Momentum VIT Fund Class 2 shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Northern Lights Variable Trust

- **b. Investment Company Act file number:** 811-21853

- **c. CIK number of Registrant:** 0001352621

- **d. LEI of Registrant:** 549300JG5J5V82S8VI88

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Donoghue Forlines Momentum VIT Fund

- **b. EDGAR series identifier (if any):** S000016887

- **c. LEI of Series:** 549300AX848D7L72RN86

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $68781394.17

**Total Liabilities:** $93002.07

**Net Assets:** $68688392.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186847 | 0.96%                | 8.66%                | 5.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $610011.16                                 |
| Month 2  | $13459.96                | $5259542.99                                |
| Month 3  | $4393334.89              | $-700191.40                                |

### Schedule of Portfolio Investments

| Name                                       | Title                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Dollar General Corporation                 | DOLLAR GENERAL C                     | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     11594 | NS      | $1326121.72   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Cardinal Health, Inc.                      | CARDINAL HEALTH                      | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      8416 | NS      | $1413888.00   | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| SBA Communications Corp.                   | SBA COMM CORP                        | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      5749 | NS      | $1350095.16   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Broadcom Inc                               | BROADCOM INC                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5109 | NS      | $1408295.85   | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Verisign, Inc.                             | VERISIGN INC                         | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      4618 | NS      | $1333678.40   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Expand Energy Corp.                        | EXPAND ENERGY CO                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     11514 | NS      | $1346447.16   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| W.R. Berkley Corporation                   | WR BERKLEY CORP                      | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     17850 | NS      | $1311439.50   | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Uber Technologies Inc                      | UBER TECHNOLOGIE                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     14925 | NS      | $1392502.50   | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| The Charles Schwab Corporation             | SCHWAB (CHARLES)                     | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     14617 | NS      | $1333655.08   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Palantir Technologies Inc                  | PALANTIR TECHN-A                     | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      9474 | NS      | $1291495.68   | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Charter Communications, Inc.               | CHARTER COMMUN-A                     | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      3232 | NS      | $1321273.92   | 1.92%             |  |  |  | No            | 1                  | On Loan: —       |
| HCA Healthcare Inc                         | HCA HEALTHCARE I                     | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      3515 | NS      | $1346596.50   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Quanta Services, Inc.                      | QUANTA SERVICES                      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3632 | NS      | $1373186.56   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Veeva Systems Inc                          | VEEVA SYSTEMS-A                      | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      4478 | NS      | $1289574.44   | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Cloudflare Inc                             | CLOUDFLARE INC-A                     | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      7190 | NS      | $1408017.70   | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Intuit Inc                                 | INTUIT INC                           | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1690 | NS      | $1331094.70   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Cadence Design Systems, Inc.               | CADENCE DESIGN                       | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      4206 | NS      | $1296078.90   | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity Colchester Street Trust           | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   1285203 | PA      | $1285203.05   | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Applovin Corp.                             | APPLOVIN CO-CL A                     | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      3370 | NS      | $1179769.60   | 1.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Roblox Corporation                         | ROBLOX CORP - A                      | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13436 | NS      | $1413467.20   | 2.06%             |  |  |  | No            | 1                  | On Loan: —       |
| CME Group Inc.                             | CME GROUP INC                        | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      4792 | NS      | $1320771.04   | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Zscaler Inc                                | ZSCALER INC                          | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      4309 | NS      | $1352767.46   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Snowflake Inc                              | SNOWFLAKE INC-A                      | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      6194 | NS      | $1386031.38   | 2.02%             |  |  |  | No            | 1                  | On Loan: —       |
| Dollar Tree Inc                            | DOLLAR TREE INC                      | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     13716 | NS      | $1358432.64   | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| The Hartford Insurance Group Inc.          | HARTFORD INSURAN                     | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     10390 | NS      | $1318179.30   | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Curtiss-Wright Corp.                       | CURTISS-WRIGHT                       | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      2739 | NS      | $1338138.45   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Monster Beverage Corp                      | MONSTER BEVERAGE                     | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     20645 | NS      | $1293202.80   | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Duolingo Inc                               | DUOLINGO                             | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2727 | NS      | $1118124.54   | 1.63%             |  |  |  | No            | 1                  | On Loan: No      |
| eBay Inc.                                  | EBAY INC                             | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     16592 | NS      | $1235440.32   | 1.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Netflix, Inc.                              | NETFLIX INC                          | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1059 | NS      | $1418138.67   | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| L3 Harris Technologies Inc                 | L3HARRIS TECHNOL                     | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      5238 | NS      | $1313899.92   | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertiv Holdings Co                         | VERTIV HOLDING-A                     | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     11684 | NS      | $1500342.44   | 2.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Electronic Arts Inc.                       | ELECTRONIC ARTS                      | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      8750 | NS      | $1397375.00   | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| NRG Energy, Inc.                           | NRG ENERGY                           | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      8668 | NS      | $1391907.44   | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Cencora Inc                                | CENCORA INC                          | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4508 | NS      | $1351723.80   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Okta Inc.                                  | OKTA INC                             | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     12865 | NS      | $1286114.05   | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Philip Morris International Inc.           | PHILIP MORRIS IN                     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      7047 | NS      | $1283470.11   | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp.                            | MICROSOFT CORP                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      2734 | NS      | $1359918.94   | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                        | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Tenet Healthcare Corporation               | TENET HEALTHCARE                     | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      8005 | NS      | $1408880.00   | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Carvana Co                                 | CARVANA CO                           | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      3797 | NS      | $1279437.12   | 1.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Seagate Technology Holdings PLC            | SEAGATE TECHNOLO                     | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     10216 | NS      | $1474475.28   | 2.15%             |  |  |  | No            | 1                  | On Loan: No      |
| EQT Corporation                            | EQT CORP                             | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     23942 | NS      | $1396297.44   | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Axon Enterprise Inc                        | AXON ENTERPRISE                      | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1660 | NS      | $1374380.40   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Crowdstrike Holdings Inc                   | CROWDSTRIKE HO-A                     | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      2709 | NS      | $1379720.79   | 2.01%             |  |  |  | No            | 1                  | On Loan: —       |
| Zoom Communications Inc.                   | ZOOM COMMUNICATI                     | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     16532 | NS      | $1289165.36   | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Ulta Beauty Inc                            | ULTA BEAUTY INC                      | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2828 | NS      | $1322994.96   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Robinhood Markets Inc                      | ROBINHOOD MARK-A                     | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     17256 | NS      | $1615679.28   | 2.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Cboe Global Markets Inc                    | CBOE GLOBAL MARK                     | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      5797 | NS      | $1351918.37   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information Services Inc | FIDELITY NATIONA                     | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     15941 | NS      | $1297756.81   | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Amphenol Corporation                       | AMPHENOL CORP-A                      | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     13884 | NS      | $1371045.00   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Newmont Corporation                        | NEWMONT CORP                         | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     24239 | NS      | $1412164.14   | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

**Name of Applicant:** Northern Lights Variable Trust

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer