# EDGAR Filing Document

**Accession Number:** 0000810016
**File Stem:** 0001752724-23-035116
**Filing Date:** 2023-2
**Character Count:** 18048
**Document Hash:** 09a25e8a3b816ff6ad39dff6229c1bf1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035116.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035116

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ivy Variable Insurance Portfolios
- **CENTRAL INDEX KEY:** 0000810016
- **IRS NUMBER:** 481146010
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05017
- **FILM NUMBER:** 23657148

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 LAMAR AVENUE
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66202
- **BUSINESS PHONE:** 9132362000

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 29217
- **CITY:** SHAWNEE MISSION
- **STATE:** KS
- **ZIP:** 66201-9217

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy Funds Variable Insurance Portfolios
- **DATE OF NAME CHANGE:** 20100301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy Funds Variable Insurance Portfolios, Inc.
- **DATE OF NAME CHANGE:** 20080819

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** W&R TARGET FUNDS INC
- **DATE OF NAME CHANGE:** 20001026

## Series and Classes Contracts Data

### Delaware Ivy VIP Global Value Equity (Series ID: S000006239)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017173 | Class II     |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ivy Variable Insurance Portfolios

- **b. Investment Company Act file number:** 811-05017

- **c. CIK number of Registrant:** 0000810016

- **d. LEI of Registrant:** 72XHPUAYSOH6ROSGJT53

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

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

- **a. Name of Series:** Delaware VIP Global Value Equity

- **b. EDGAR series identifier (if any):** S000006239

- **c. LEI of Series:** QKP6JSB9ORMV57UWFP16

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $238923339.35

**Total Liabilities:** $10189058.24

**Net Assets:** $228734281.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017173 | 7.18%                | 9.26%                | -0.38%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-385651.61              | $15918129.62                               |
| Month 2  | $1587912.07              | $18601997.60                               |
| Month 3  | $1395423.86              | $-2560004.97                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SAP SE                                         | SAP SE                                         | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     79360 | NS      | $8188418.41   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                                 | Air Liquide SA                                 | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     59430 | NS      | $8422870.08   | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                            | Amadeus IT Group SA                            | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |    166860 | NS      | $8671772.18   | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Securitas AB                                   | Securitas AB                                   | CUSIP: 000000000<br>LEI: 635400TTYKE8EIWDS617 | Long             | EC               | CORP              | SE        |    820970 | NS      | $6841646.14   | 2.99%             |  |  |  | No            |                  1 | On Loan: —       |
| BlackRock Liquidity FedFund                    | BlackRock Liquidity FedFund                    | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |    107102 | NS      | $107102.42    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity AB                                      | Essity AB                                      | CUSIP: 000000000<br>LEI: 549300G8E6YUVJ1DA153 | Long             | EC               | CORP              | SE        |    255490 | NS      | $6691559.25   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                             | Conagra Brands Inc                             | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     77180 | NS      | $2986866.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Group Holdings Ltd                       | Asahi Group Holdings Ltd                       | CUSIP: 000000000<br>LEI: 353800KAJ02XNHLCJW79 | Long             | EC               | CORP              | JP        |     72500 | NS      | $2275430.51   | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| Merck & Co Inc                                 | Merck & Co Inc                                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     82120 | NS      | $9111214.00   | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                                      | adidas AG                                      | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     45200 | NS      | $6167067.98   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                     | Pfizer Inc                                     | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    107720 | NS      | $5519572.80   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                  | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |    393280 | NS      | $11299279.70  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                            | Kimberly-Clark Corp                            | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     61980 | NS      | $8413785.00   | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                           | Parker-Hannifin Corp                           | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      8880 | NS      | $2584080.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard S&P 500 ETF                           | Vanguard S&P 500 ETF                           | CUSIP: 922908363<br>LEI: N/A                  | Long             | EC               | RF                | US        |      5650 | NS      | $1985071.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| H & M Hennes & Mauritz AB                      | H & M Hennes & Mauritz AB                      | CUSIP: 000000000<br>LEI: 529900O5RR7R39FRDM42 | Long             | EC               | CORP              | SE        |    398820 | NS      | $4289813.15   | 1.88%             |  |  |  | No            |                  1 | On Loan: —       |
| DREYFUS INST PREF GOVT PLUS MMF - SL #4134     | DREYFUS INST PREF GOVT PLUS MMF - SL #4134     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   9882610 | NS      | $9882610.50   | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange SA                                      | Orange SA                                      | CUSIP: 000000000<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |    491150 | NS      | $4879499.83   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG & Co                 | Fresenius Medical Care AG & Co KGaA            | CUSIP: 000000000<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |    112900 | NS      | $3694500.82   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    107102 | NS      | $107102.41    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                   | Unilever PLC                                   | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    188280 | NS      | $9519114.65   | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     24410 | NS      | $5071421.60   | 2.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Otis Worldwide Corp                            | Otis Worldwide Corp                            | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     31640 | NS      | $2477728.40   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Makita Corp                                    | Makita Corp                                    | CUSIP: 000000000<br>LEI: 529900CDR9E94BCM6294 | Long             | EC               | CORP              | JP        |    150100 | NS      | $3522615.06   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein Inc                               | Henry Schein Inc                               | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |    116800 | NS      | $9328816.00   | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                      | Danone SA                                      | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |    124890 | NS      | $6581484.88   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                     | Diageo PLC                                     | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    213010 | NS      | $9399423.04   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Intertek Group PLC                             | Intertek Group PLC                             | CUSIP: 000000000<br>LEI: 2138003GAT25WW1RN369 | Long             | EC               | CORP              | GB        |     93940 | NS      | $4581363.90   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S                               | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     45860 | NS      | $6192301.49   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                               | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     17130 | NS      | $5381782.30   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp                                       | Kao Corp                                       | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |    137000 | NS      | $5485637.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: —       |
| MSILF Government Portfolio                     | MSILF Government Portfolio                     | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |    107102 | NS      | $107102.42    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Knorr-Bremse AG                                | Knorr-Bremse AG                                | CUSIP: 000000000<br>LEI: 5299001GRRO0Z25YZT52 | Long             | EC               | CORP              | DE        |     72490 | NS      | $3960546.82   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                      | Nestle SA                                      | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     94800 | NS      | $10984558.48  | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                                  | Ingredion Inc                                  | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     72350 | NS      | $7085235.50   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                       | Lamb Weston Holdings Inc                       | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     70830 | NS      | $6329368.80   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Sodexo SA                                      | Sodexo SA                                      | CUSIP: 000000000<br>LEI: 969500LCBOG12HXPYM84 | Long             | EC               | CORP              | FR        |     69930 | NS      | $6698165.75   | 2.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Swatch Group AG/The                            | Swatch Group AG/The                            | CUSIP: 000000000<br>LEI: 529900NTES2LEON1JZ55 | Long             | EC               | CORP              | CH        |     22130 | NS      | $6294478.99   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio                  | Fidelity Government Portfolio                  | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    107102 | NS      | $107102.42    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew PLC                             | Smith & Nephew PLC                             | CUSIP: 000000000<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |    616820 | NS      | $8273591.86   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co/The                                  | Clorox Co/The                                  | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     61340 | NS      | $8607842.20   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Ivy Variable Insurance Portfolio

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration