# EDGAR Filing Document

**Accession Number:** 0000914036
**File Stem:** 0001410368-25-027794
**Filing Date:** 2025-11
**Character Count:** 18779
**Document Hash:** e2499d2ba1269b2625d7efb1b51ecf61
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-027794.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001410368-25-027794

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LINCOLN VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0000914036

**ORGANIZATION NAME:**
- **EIN:** 521835648
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08090
- **FILM NUMBER:** 251504985

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 SOUTH HARRISON STREET
- **CITY:** FORT WAYNE
- **STATE:** IN
- **ZIP:** 46802
- **BUSINESS PHONE:** 260-455-2000

**MAIL ADDRESS:**
- **STREET 1:** 1301 SOUTH HARRISON STREET
- **CITY:** FORT WAYNE
- **STATE:** IN
- **ZIP:** 46802

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGGRESSIVE GROWTH FUND /
- **DATE OF NAME CHANGE:** 20031001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LINCOLN VARIABLE INSURANCE PRODUCTS TRUST
- **DATE OF NAME CHANGE:** 20030910

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LINCOLN NATIONAL AGGRESSIVE GROWTH FUND INC
- **DATE OF NAME CHANGE:** 19931025

## Series and Classes Contracts Data

### LVIP Multi-Manager Global Equity Managed Volatility Fund (Series ID: S000045005)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000139580 | Standard Class |  |
| C000139581 | Service Class  |  |

## Nport-Ex

**LVIP Multi-Manager Global Equity Managed Volatility Fund**

**Schedule of Investments**

September 30, 2025 (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Number of** <br>**Shares**<br>| **Value** <br>**(U.S. $)**<br>|
| **AFFILIATED INVESTMENTS–96.59%** | **AFFILIATED INVESTMENTS–96.59%** | **AFFILIATED INVESTMENTS–96.59%** |
| **INVESTMENT COMPANIES–96.59%** | **INVESTMENT COMPANIES–96.59%** | **INVESTMENT COMPANIES–96.59%** |
| **Equity Fund–38.46%** | **Equity Fund–38.46%** | **Equity Fund–38.46%** |
| &nbsp;&nbsp; ✧✧Lincoln Variable Insurance <br> Products Trust–<br> LVIP Dimensional U.S. Core <br> Equity 2 Fund<br>| 1673268 | $37834272 |
|  |  | **37834272** |
| **International Equity Funds–58.13%** | **International Equity Funds–58.13%** | **International Equity Funds–58.13%** |
| ✧✧Lincoln Variable Insurance Products Trust- | ✧✧Lincoln Variable Insurance Products Trust- |  |
| &nbsp;&nbsp;&nbsp; LVIP Dimensional <br> International Core Equity <br> Fund<br>| 608405 | 9430891 |
| &nbsp;&nbsp;&nbsp; LVIP Franklin Templeton <br> Multi-Factor International <br> Equity Fund<br>| 906149 | 9383168 |
| &nbsp;&nbsp;&nbsp; LVIP Loomis Sayles Global <br> Growth Fund<br>| 1936356 | 38376640 |
|  |  | **57190699** |
| **Total Affiliated Investments** <br>**(Cost $55,507,973)**<br>|  | **95024971** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **UNAFFILIATED INVESTMENT–3.20%** | **UNAFFILIATED INVESTMENT–3.20%** | **UNAFFILIATED INVESTMENT–3.20%** |
| **INVESTMENT COMPANY–3.20%** | **INVESTMENT COMPANY–3.20%** | **INVESTMENT COMPANY–3.20%** |
| **Money Market Fund–3.20%** | **Money Market Fund–3.20%** | **Money Market Fund–3.20%** |
| &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund - Premier Class <br> (seven-day effective yield <br> 4.09%)<br>| 3150678 | $3150678 |
| **Total Unaffiliated** <br> **Investment** <br>**(Cost $3,150,678)**<br>|  | **3150678** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **TOTAL INVESTMENTS–99.79% (Cost $58,658,651)** | **98175649** |
| **RECEIVABLES AND OTHER ASSETS NET OF LIABILITIES–0.21%** | **203437** |
| **NET ASSETS APPLICABLE TO 5,966,446 SHARES OUTSTANDING–100.00%** | **$98379086** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

✧✧Standard Class shares.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The following futures contracts were outstanding at September 30, 2025:<br>

**Futures Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Contracts to Buy (Sell)** | **Contracts to Buy (Sell)** | **Notional** <br>**Amount**<br>| **Notional** <br>**Cost (Proceeds)**<br>| **Expiration** <br>**Date**<br>| **Value/** <br>**Unrealized** <br>**Appreciation**<sup>1</sup> <br>| **Value/** <br>**Unrealized** <br>**Depreciation**<sup>1</sup> <br>|
| **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** |
| 3 | CME British Pound Currency Futures | &nbsp;&nbsp; $252206 | &nbsp;&nbsp; $253583 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1377)<br>|
| 2 | CME Euro Foreign Exchange Currency Futures | &nbsp;&nbsp; 294800 | &nbsp;&nbsp; 294415 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; 385 | &nbsp;&nbsp; — |
| 3 | CME Japanese Yen Currency Futures | &nbsp;&nbsp; 255525 | &nbsp;&nbsp; 256958 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; — | &nbsp;&nbsp; (1433)<br>|
|  |  |  |  |  | &nbsp;&nbsp; 385 | &nbsp;&nbsp; (2810)<br>|
| **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** |
| 3 | CME E-mini Russell 2000 Index Futures | &nbsp;&nbsp; 368325 | &nbsp;&nbsp; 359653 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 8672 | &nbsp;&nbsp; — |
| 5 | CME E-mini S&P 500 Index Futures | &nbsp;&nbsp; 1684687 | &nbsp;&nbsp; 1648564 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 36123 | &nbsp;&nbsp; — |
| 2 | CME E-mini S&P MidCap 400 Index Futures | &nbsp;&nbsp; 657240 | &nbsp;&nbsp; 658485 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; — | &nbsp;&nbsp; (1245)<br>|
| 5 | Eurex EURO STOXX 50 Futures | &nbsp;&nbsp; 325271 | &nbsp;&nbsp; 316018 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 9253 | &nbsp;&nbsp; — |
| 2 | FTSE 100 Index Futures | &nbsp;&nbsp; 253043 | &nbsp;&nbsp; 250793 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 2250 | &nbsp;&nbsp; — |
| 2 | ICE U.S. MSCI Emerging Markets Index Futures | &nbsp;&nbsp; 135970 | &nbsp;&nbsp; 133478 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 2492 | &nbsp;&nbsp; — |
| 1 | OSE Nikkei 225 Index Futures | &nbsp;&nbsp; 304223 | &nbsp;&nbsp; 292389 | &nbsp;&nbsp; 12/11/25 | &nbsp;&nbsp; 11834 | &nbsp;&nbsp; — |
|  |  |  |  |  | &nbsp;&nbsp; 70624 | &nbsp;&nbsp; (1245)<br>|
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | &nbsp;&nbsp; $71009 | &nbsp;&nbsp; $(4055)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The use of futures contracts involves elements of market risk and risks in excess of the amounts recognized in the financial statements. The <br> notional amounts presented above represent the Fund's total exposure in such contracts, whereas only the net unrealized appreciation <br> (depreciation) is reflected in the Fund's net assets.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> Includes cumulative appreciation (depreciation) of futures contracts from the date the contracts were opened through September 30, 2025.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*LVIP Multi-Manager Global Equity Managed Volatility Fund–1*

------

**LVIP Multi-Manager Global Equity Managed Volatility Fund**

**Schedule of Investments (continued)**

---

| |
|:---|
| **Summary of Abbreviations:** |
| CME–Chicago Mercantile Exchange |
| FTSE–Financial Times Stock Exchange |
| ICE–Intercontinental Exchange |
| MSCI–Morgan Stanley Capital International |
| OSE–Osaka Securities Exchange |
| S&P–Standard & Poor's |

---

See accompanying notes.

*LVIP Multi-Manager Global Equity Managed Volatility Fund–2*

------

**LVIP Multi-Manager Global Equity Managed Volatility Fund**

**Notes**

September 30, 2025 (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1. Transactions with Affiliates**

Affiliated investments, for purposes of the Investment Company Act of 1940, are investments that have a common investment adviser, Lincoln Financial Investments Corporation ("LFI") (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, 2025, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **12/31/24**<br>| **Purchases** | **Sales** | **Net**<br> **Realized**<br> **Gain (Loss)**<br>| **Net Change**<br> **in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Value**<br> **09/30/25**<br>| **Number of**<br> **Shares**<br> **09/30/25**<br>| **Dividends** | **Capital**<br> **Gain**<br> **Distributions**<br>|
| **INVESTMENT COMPANIES-96.59%**<sup>@</sup> <br>|  |  |  |  |  |  |  |  |  |
| **Equity Fund-38.46%**<sup>@</sup> <br>|  |  |  |  |  |  |  |  |  |
| ✧✧LVIP Dimensional U.S. Core Equity 2 Fund | $35756796 | $7941470 | $7378782 | $926662 | $588126 | $37834272 | 1673268 | $— | $— |
| **International Equity Funds-58.13%**<sup>@</sup> <br>|  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; ✧✧LVIP Dimensional International Core Equity <br> Fund<br>| 9203189 | 557362 | 2671967 | 311383 | 2030924 | 9430891 | 608405 | 6817 |  |
| &nbsp;&nbsp; ✧✧LVIP Franklin Templeton Multi-Factor <br> International Equity Fund<br>| 9186530 | 569736 | 2764368 | 282428 | 2108842 | 9383168 | 906149 |  |  |
| ✧✧LVIP Loomis Sayles Global Growth Fund | 36822504 | 6366148 | 8287227 | 2626878 | 848337 | 38376640 | 1936356 |  |  |
| Total | $90969019 | $15434716 | $21102344 | $4147351 | $5576229 | $95024971 |  | $6817 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>@</sup> As a percentage of Net Assets as of September 30, 2025. |
| &nbsp;&nbsp; <sup>✧✧</sup> Standard Class shares. |

---

*LVIP Multi-Manager Global Equity Managed Volatility Fund–3*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LINCOLN VARIABLE INSURANCE PRODUCTS TRUST

- **b. Investment Company Act file number:** 811-08090

- **c. CIK number of Registrant:** 0000914036

- **d. LEI of Registrant:** 3EICVM5HD7FVBIM8WO57

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

  - **Street Address 1:** 1301 S. Harrison Street

  - **City:** FORT WAYNE

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46802

  - **Telephone number:** 260-455-2000

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

- **a. Name of Series:** LVIP Multi-Manager Global Equity Managed Volatility Fund

- **b. EDGAR series identifier (if any):** S000045005

- **c. LEI of Series:** 5493006PA71C74W3GT95

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $122060256.16

**Total Liabilities:** $23571906.19

**Net Assets:** $98488349.97

**Cash Not Reported:** $206801.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000139581 | 0.79%                | 3.23%                | 2.88%                |
| Class ID C000139580 | 0.81%                | 3.26%                | 2.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $269494.08               | $508719.96                                 |
| Month 2  | $388575.80               | $2645904.58                                |
| Month 3  | $1062178.45              | $-4947357.33                               |

**Designated Index Information**

- **Index Name:** 60% S&P 500, 28% MSCI EAFE NR, 6% Russell 2000 TR Idx, 6% MSCI EM NR Idx

- **Index Identifier:** 60% SPX, 28% M1EA, 6% RU20INTR, 6% M1EF

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Chicago Mercantile Exchange                                    | E-MINI RUSS 2000 DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         3 | NC      | $8672.48      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LVIP Franklin Templeton Multi-Factor International Equity Fund | LVIP Franklin Templeton Multi-Factor International Equity Fund | CUSIP: 534898648<br>LEI: ZC1JP9GQKS75O7IOKT07 | Long             | EC               | RF                | US        |    907151 | NS      | $9393548.17   | 9.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | S+P500 EMINI FUT DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         5 | NC      | $36122.66     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LVIP Loomis Sayles Global Growth Fund                          | LVIP Loomis Sayles Global Growth Fund                          | CUSIP: 53500Q726<br>LEI: 549300E0BQH07C3TZN20 | Long             | EC               | RF                | US        |   1938451 | NS      | $38418160.37  | 39.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | JPN YEN CURR FUT DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |         3 | NC      | $-1432.92     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund     | State Street Institutional US Government Money Market Fund     | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   3150678 | NS      | $3150677.66   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                         | MSCI EMGMKT DEC25                                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         2 | NC      | $2491.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaka Exchange                                                 | NIKKEI 225 (OSE) DEC25                                         | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |         1 | NC      | $11833.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LVIP Dimensional International Core Equity Fund                | LVIP Dimensional International Core Equity Fund                | CUSIP: 53500Q304<br>LEI: 549300YPLMOSU61OL334 | Long             | EC               | RF                | US        |    609075 | NS      | $9441271.44   | 9.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | S+P MID 400 EMINI DEC25                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         2 | NC      | $-1244.92     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                              | EURO STOXX 50 DEC25                                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |         5 | NC      | $9253.01      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | EURO FX CURR FUT DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |         2 | NC      | $384.72       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | BP CURRENCY FUT DEC25                                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |         3 | NC      | $-1376.67     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| LVIP Dimensional U.S. Core Equity 2 Fund                       | LVIP Dimensional U.S. Core Equity 2 Fund                       | CUSIP: 53500Q106<br>LEI: 549300L3L53GLRPQZK71 | Long             | EC               | RF                | US        |   1675105 | NS      | $37875791.96  | 38.46%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe - Financial Products Division               | FTSE 100 IDX FUT DEC25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        |         2 | NC      | $2249.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-27

**Name of Applicant:** LINCOLN VARIABLE INSURANCE PRODUCTS TRUST

**Signature:** James Hoffmayer

**Name of Signer:** James Hoffmayer

**Title:** VP