# EDGAR Filing Document

**Accession Number:** 0000815425
**File Stem:** 0001410368-26-055064
**Filing Date:** 2026-5
**Character Count:** 97595
**Document Hash:** 326f0db9b252435f3c7b8be1b8e8dfd6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055064.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055064

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLUMBIA FUNDS VARIABLE INSURANCE TRUST
- **CENTRAL INDEX KEY:** 0000815425

**ORGANIZATION NAME:**
- **EIN:** 043031721
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05199
- **FILM NUMBER:** 261033061

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE VARIABLE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEINROE VARIABLE INVESTMENT FUND
- **DATE OF NAME CHANGE:** 19890327

## Series and Classes Contracts Data

### Variable Portfolio - Managed Volatility Conservative Fund (Series ID: S000040389)

| Class ID   | Class Name                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000125448 | Variable Portfolio - Managed Volatility Conservative Fund Class 2 |  |
| C000206835 | Variable Portfolio - Managed Volatility Conservative Fund Class 1 |  |

## Nport-Ex

![](img695bebf21.jpg)

Variable Portfolio – Managed Volatility Conservative Fund

**First Quarter Report**

March 31, 2026 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

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

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Variable Portfolio – Managed Volatility Conservative Fund, March 31, 2026 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

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

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

---

| | | |
|:---|:---|:---|
| **Equity Funds 18.0%** | **Equity Funds 18.0%** | **Equity Funds 18.0%** |
|  | **Shares** | **Value ($)** |
| **International 5.4%** | **International 5.4%** | **International 5.4%** |
| &nbsp;&nbsp; Columbia Variable Portfolio – Overseas Core Fund, <br> Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 1114575 | &nbsp;&nbsp; 18847468 |
| &nbsp;&nbsp; Variable Portfolio – Partners International Core <br> Equity Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 274529 | &nbsp;&nbsp; 3264152 |
| &nbsp;&nbsp; Variable Portfolio – Partners International Growth <br> Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 343694 | &nbsp;&nbsp; 4358032 |
| &nbsp;&nbsp; Variable Portfolio – Partners International Value <br> Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 336708 | &nbsp;&nbsp; 4387311 |
| **Total** | **Total** | &nbsp;&nbsp; **30856963** |
| **U.S. Large Cap 11.3%** | **U.S. Large Cap 11.3%** | **U.S. Large Cap 11.3%** |
| &nbsp;&nbsp; Columbia Variable Portfolio – Contrarian Core Fund, <br> Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 83333 | &nbsp;&nbsp; 4994947 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Disciplined Core <br> Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 112864 | &nbsp;&nbsp; 13887921 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Large Cap Growth <br> Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 183760 | &nbsp;&nbsp; 9454472 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Select Large Cap <br> Equity Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 526579 | &nbsp;&nbsp; 13301378 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Select Large Cap <br> Value Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 145599 | &nbsp;&nbsp; 8371964 |
| &nbsp;&nbsp; CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 <br> Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 37538 | &nbsp;&nbsp; 2694508 |
| &nbsp;&nbsp; CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, <br> Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 65614 | &nbsp;&nbsp; 2953300 |
| &nbsp;&nbsp; CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 <br> Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 71985 | &nbsp;&nbsp; 3599977 |
| &nbsp;&nbsp; CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, <br> Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 41444 | &nbsp;&nbsp; 2684716 |
| &nbsp;&nbsp; Variable Portfolio – Partners Core Equity Fund, <br> Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 43161 | &nbsp;&nbsp; 2130416 |
| **Total** | **Total** | &nbsp;&nbsp; **64073599** |
| **U.S. Mid Cap 0.5%** | **U.S. Mid Cap 0.5%** | **U.S. Mid Cap 0.5%** |
| &nbsp;&nbsp; Columbia Variable Portfolio – Select Mid Cap <br> Growth Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 24632 | &nbsp;&nbsp; 1540215 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Select Mid Cap Value <br> Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 30699 | &nbsp;&nbsp; 1556761 |
| **Total** | **Total** | &nbsp;&nbsp; **3096976** |

---

---

| | | |
|:---|:---|:---|
| **Equity Funds (continued)** | **Equity Funds (continued)** | **Equity Funds (continued)** |
|  | **Shares** | **Value ($)** |
| **U.S. Small Cap 0.8%** | **U.S. Small Cap 0.8%** | **U.S. Small Cap 0.8%** |
| &nbsp;&nbsp; Columbia Variable Portfolio – Small Cap Value <br> Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 80888 | &nbsp;&nbsp; 1030516 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Small Company <br> Growth Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 69977 | &nbsp;&nbsp; 1009765 |
| &nbsp;&nbsp; Variable Portfolio – Partners Small Cap Growth <br> Fund, Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 34377 | &nbsp;&nbsp; 1305612 |
| &nbsp;&nbsp; Variable Portfolio – Partners Small Cap Value Fund, <br> Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 29632 | &nbsp;&nbsp; 1309446 |
| **Total** | **Total** | &nbsp;&nbsp; **4655339** |
| &nbsp;&nbsp; Total Equity Funds <br>(Cost $51,937,388) | &nbsp;&nbsp; Total Equity Funds <br>(Cost $51,937,388) | &nbsp;&nbsp; **102682877** |
| **Exchange-Traded Fixed Income Funds 9.4%** | **Exchange-Traded Fixed Income Funds 9.4%** | **Exchange-Traded Fixed Income Funds 9.4%** |
| **Investment Grade 9.4%** | **Investment Grade 9.4%** | **Investment Grade 9.4%** |
| iShares Core U.S. Aggregate Bond ETF | &nbsp;&nbsp; 223000 | &nbsp;&nbsp; 22137210 |
| &nbsp;&nbsp; iShares iBoxx $ Investment Grade Corporate Bond <br> ETF<br>| &nbsp;&nbsp; 57600 | &nbsp;&nbsp; 6277824 |
| Vanguard Intermediate-Term Corporate Bond ETF | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 6702750 |
| Vanguard Total Bond Market ETF | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 18410000 |
| **Total** | **Total** | &nbsp;&nbsp; **53527784** |
| &nbsp;&nbsp; Total Exchange-Traded Fixed Income Funds <br>(Cost $53,186,555) | &nbsp;&nbsp; Total Exchange-Traded Fixed Income Funds <br>(Cost $53,186,555) | &nbsp;&nbsp; **53527784** |
| **Fixed Income Funds 54.2%** | **Fixed Income Funds 54.2%** | **Fixed Income Funds 54.2%** |
| **Investment Grade 54.2%** | **Investment Grade 54.2%** | **Investment Grade 54.2%** |
| &nbsp;&nbsp; Columbia Variable Portfolio – Corporate Bond Fund, <br> Class 1 Shares<sup>(a),(b)</sup> <br>| &nbsp;&nbsp; 3492832 | &nbsp;&nbsp; 27313947 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Intermediate Bond <br> Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 6501525 | &nbsp;&nbsp; 55913115 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Limited Duration <br> Credit Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 1101884 | &nbsp;&nbsp; 10489932 |
| &nbsp;&nbsp; Columbia Variable Portfolio – Long <br> Government/Credit Bond Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 2387968 | &nbsp;&nbsp; 16859058 |
| &nbsp;&nbsp; Columbia Variable Portfolio – U.S. Government <br> Mortgage Fund, Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 2236497 | &nbsp;&nbsp; 21000703 |
| &nbsp;&nbsp; CTIVP<sup>®</sup> – American Century Diversified Bond Fund, <br> Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 6147950 | &nbsp;&nbsp; 57175933 |
| &nbsp;&nbsp; CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 <br> Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 5923484 | &nbsp;&nbsp; 55147641 |

---

Variable Portfolio – Managed Volatility Conservative Fund \| 2026

------

Portfolio of Investments (continued)

Variable Portfolio – Managed Volatility Conservative Fund, March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Fixed Income Funds (continued)** | **Fixed Income Funds (continued)** | **Fixed Income Funds (continued)** |
|  | **Shares** | **Value ($)** |
| &nbsp;&nbsp; Variable Portfolio – Partners Core Bond Fund, <br> Class 1 Shares<sup>(a)</sup> <br>| &nbsp;&nbsp; 6612501 | &nbsp;&nbsp; 64538015 |
| **Total** | **Total** | &nbsp;&nbsp; **308438344** |
| &nbsp;&nbsp; Total Fixed Income Funds <br>(Cost $330,491,997) | &nbsp;&nbsp; Total Fixed Income Funds <br>(Cost $330,491,997) | &nbsp;&nbsp; **308438344** |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency 9.9%** | **Residential Mortgage-Backed Securities - Agency 9.9%** | **Residential Mortgage-Backed Securities - Agency 9.9%** | **Residential Mortgage-Backed Securities - Agency 9.9%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Uniform Mortgage-Backed Security TBA<sup>(c)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(c)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(c)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(c)</sup>  |
| &nbsp;&nbsp; 04/16/2041- <br>04/13/2056<br>| &nbsp;&nbsp; 3.000% | 4600000 | &nbsp;&nbsp; 4120252 |
| &nbsp;&nbsp; 04/16/2041- <br>04/13/2056<br>| &nbsp;&nbsp; 3.500% | 8775000 | &nbsp;&nbsp; 8130776 |
| &nbsp;&nbsp; 04/16/2041- <br>04/13/2056<br>| &nbsp;&nbsp; 4.000% | 11497000 | &nbsp;&nbsp; 10950681 |
| 04/13/2056 | &nbsp;&nbsp; 4.500% | 10750000 | &nbsp;&nbsp; 10373811 |
| 04/13/2056 | &nbsp;&nbsp; 5.000% | 7025000 | &nbsp;&nbsp; 6927540 |
| 04/13/2056 | &nbsp;&nbsp; 5.500% | 7500000 | &nbsp;&nbsp; 7534544 |
| 04/13/2056 | &nbsp;&nbsp; 6.000% | 8000000 | &nbsp;&nbsp; 8154624 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $56,721,582) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $56,721,582) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $56,721,582) | &nbsp;&nbsp; **56192228** |

---

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

---

| | |
|:---|:---|
| **Put Option Contracts Purchased 0.3%** | **Put Option Contracts Purchased 0.3%** |
|  | **Value ($)** |
| (Cost $1,538,954) | &nbsp;&nbsp; **1559560** |

---

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

---

| | | |
|:---|:---|:---|
| **Money Market Funds 17.2%** | **Money Market Funds 17.2%** | **Money Market Funds 17.2%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 3.790%<sup>(a),(d)</sup> <br>| &nbsp;&nbsp; 97835899 | &nbsp;&nbsp; 97796764 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $97,795,871) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $97,795,871) | &nbsp;&nbsp; **97796764** |
| **Total Investments in Securities** <br>**(Cost: $591,672,347)** | **Total Investments in Securities** <br>**(Cost: $591,672,347)** | &nbsp;&nbsp; **620197557** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **(51454706)**<br>|
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **568742851** |

---

At March 31, 2026, securities and/or cash totaling $3,971,608 were pledged as collateral.

**Investments in derivatives** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** |
| **Currency to** <br>**be sold**<br>| &nbsp;&nbsp;&nbsp; **Currency to** <br>**be purchased**<br>| **Counterparty** | **Settlement** <br>**date**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**depreciation ($)**<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 660,000 AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 451,260 USD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3993)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850,000 CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 627,376 USD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 15812 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; 1,442,000 CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,035,010 USD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2490)<br>|
| &nbsp;&nbsp;&nbsp; 1,650,000 CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,127,783 USD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 59382 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp; 20,248,000 NOK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,085,058 USD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5877)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 409,440 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 579,000 AUD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10059)<br>|
| &nbsp;&nbsp;&nbsp; 1,935,366 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,444,000 GBP | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24136)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 969,654 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,696,000 NZD | Barclays | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 5631 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; 3,385,000 EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,923,164 USD | Citi | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 6640 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp; 10,524,000 NOK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,081,137 USD | Citi | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5637)<br>|
| &nbsp;&nbsp;&nbsp; 1,979,504 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,501,000 GBP | Citi | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 7170 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 296,219 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 421,000 AUD | Goldman Sachs International | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5823)<br>|
| &nbsp;&nbsp;&nbsp; 1,183,000 CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 865,260 USD | HSBC | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 14106 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp; 63,550,000 SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6,894,868 USD | HSBC | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 174389 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 884,580 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8,640,000 NOK | HSBC | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 7641 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; 2,254,000 CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,652,078 USD | JPMorgan | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 30355 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; 1,610,000 EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,846,765 USD | JPMorgan | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16042)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 879,761 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756,000 EUR | JPMorgan | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5052)<br>|
| &nbsp;&nbsp; 10,421,550 USD | &nbsp;&nbsp;&nbsp;&nbsp; 1,645,000,000 JPY | JPMorgan | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35769)<br>|
| &nbsp;&nbsp; 48,958,000 JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 309,058 USD | Morgan Stanley | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41)<br>|
| &nbsp;&nbsp;&nbsp; 1,030,061 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 894,000 EUR | Morgan Stanley | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 4318 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; 6,640,570 USD | &nbsp;&nbsp;&nbsp;&nbsp; 64,150,000 NOK | Morgan Stanley | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16041)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 334,866 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 571,000 NZD | Morgan Stanley | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6512)<br>|

---

Variable Portfolio – Managed Volatility Conservative Fund \| 2026

------

Portfolio of Investments (continued)

Variable Portfolio – Managed Volatility Conservative Fund, March 31, 2026 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward foreign currency exchange contracts (continued)** | **Forward foreign currency exchange contracts (continued)** | **Forward foreign currency exchange contracts (continued)** | **Forward foreign currency exchange contracts (continued)** | **Forward foreign currency exchange contracts (continued)** | **Forward foreign currency exchange contracts (continued)** |
| **Currency to**<br> **be sold**<br>| &nbsp;&nbsp;&nbsp; **Currency to**<br> **be purchased**<br>| **Counterparty** | **Settlement**<br> **date**<br>| &nbsp;&nbsp;&nbsp; **Unrealized**<br> **appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized**<br> **depreciation ($)**<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 541,993 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5,022,000 SEK | Morgan Stanley | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10911)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 779,000 CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 993,369 USD | UBS | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 16833 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| 133,991,000 JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 847,529 USD | UBS | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1571 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp; 12,918,000 SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,352,217 USD | UBS | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13875)<br>|
| &nbsp;&nbsp;&nbsp; 2,740,495 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,050,000 GBP | UBS | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (27184)<br>|
| &nbsp;&nbsp;&nbsp; 2,400,000 AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,688,686 USD | Wells Fargo | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 33222 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 649,000 CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 829,939 USD | Wells Fargo | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 16368 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; 1,244,000 CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,557,026 USD | Wells Fargo | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2423)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 961,350 USD | &nbsp;&nbsp;&nbsp;&nbsp; 153,145,000 JPY | Wells Fargo | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 5538 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 351,118 USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 597,000 NZD | Wells Fargo | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7813)<br>|
| &nbsp;&nbsp;&nbsp; 1,363,685 USD | &nbsp;&nbsp;&nbsp;&nbsp; 12,742,000 SEK | Wells Fargo | 04/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16205)<br>|
| Total |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 398976 | &nbsp;&nbsp;&nbsp;&nbsp; (215883)<br>|

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| CAC40 Index | 4 | 04/2026 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; 313000 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6126)<br>|
| NASDAQ 100 Index E-mini | 2 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 956600 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (27709)<br>|
| S&P 500 Index E-mini | 35 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 11498813 | &nbsp;&nbsp;&nbsp;&nbsp; 178976 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| S&P/TSX 60 Index | 4 | 06/2026 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; 1526240 | &nbsp;&nbsp;&nbsp;&nbsp; 8950 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 10-Year Note | 4 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 444188 | &nbsp;&nbsp;&nbsp;&nbsp; 2867 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 2-Year Note | 54 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 11202047 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58611)<br>|
| U.S. Treasury 5-Year Note | 2 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 216359 | &nbsp;&nbsp;&nbsp;&nbsp; 699 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 5-Year Note | 134 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 14496078 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (181320)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 191492 | &nbsp;&nbsp;&nbsp;&nbsp; (273766)<br>|

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| Euro STOXX 50 Index | (36) | 06/2026 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; (1978200)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 76726 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Euro STOXX 50 Index | (12) | 06/2026 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; (659400)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6175)<br>|
| FTSE 100 Index | (1) | 06/2026 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; (101990)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 658 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| FTSE 100 Index | (1) | 06/2026 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; (101990)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3161)<br>|
| FTSE/MIB Index | (2) | 06/2026 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; (435760)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2541 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MSCI Singapore Index | (2) | 04/2026 | SGD | &nbsp;&nbsp;&nbsp;&nbsp; (87320)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (335)<br>|
| OMXS30 Index | (15) | 04/2026 | SEK | &nbsp;&nbsp;&nbsp;&nbsp; (4380000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4834)<br>|
| Russell 2000 Index E-mini | (6) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (753660)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 274 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Russell 2000 Index E-mini | (2) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (251220)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69)<br>|
| S&P 500 Index E-mini | (4) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (1314150)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 23042 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| S&P 500 Index E-mini | (9) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (2956838)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (47006)<br>|
| S&P Mid 400 Index E-mini | (1) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (339650)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| S&P Mid 400 Index E-mini | (2) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (679300)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6393)<br>|
| SPI 200 Index | (1) | 06/2026 | AUD | &nbsp;&nbsp;&nbsp;&nbsp; (212825)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 697 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SPI 200 Index | (1) | 06/2026 | AUD | &nbsp;&nbsp;&nbsp;&nbsp; (212825)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (606)<br>|
| TOPIX Index | (3) | 06/2026 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; (105120000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 15308 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Long Bond | (10) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (1138750)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 22825 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Long Bond | (3) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (341625)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1412)<br>|
| U.S. Treasury Ultra Bond | (10) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (1165625)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 27133 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra Bond | (3) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (349688)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1131)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 170704 | &nbsp;&nbsp;&nbsp;&nbsp; (71122)<br>|

---

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

Variable Portfolio – Managed Volatility Conservative Fund \| 2026

------

Portfolio of Investments (continued)

Variable Portfolio – Managed Volatility Conservative Fund, March 31, 2026 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; 1305704 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 6650.00 | &nbsp;&nbsp; 06/18/2026 | &nbsp;&nbsp; 54407 | &nbsp;&nbsp; 55470 |
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; 1305704 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 6420.00 | &nbsp;&nbsp; 06/18/2026 | &nbsp;&nbsp; 53207 | &nbsp;&nbsp; 39160 |
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; 16974152 | &nbsp;&nbsp; 26 | &nbsp;&nbsp; 5300.00 | &nbsp;&nbsp; 12/17/2027 | &nbsp;&nbsp; 668158 | &nbsp;&nbsp; 629200 |
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; 9792780 | &nbsp;&nbsp; 15 | &nbsp;&nbsp; 5500.00 | &nbsp;&nbsp; 12/17/2027 | &nbsp;&nbsp; 354182 | &nbsp;&nbsp; 419250 |
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; 10445632 | &nbsp;&nbsp; 16 | &nbsp;&nbsp; 5400.00 | &nbsp;&nbsp; 12/17/2027 | &nbsp;&nbsp; 409000 | &nbsp;&nbsp; 416480 |
| Total |  |  |  |  |  |  | &nbsp;&nbsp; 1538954 | &nbsp;&nbsp; 1559560 |

---

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Premium** <br>**received ($)**<br>| **Value ($)** |
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; (1305704)<br>| &nbsp;&nbsp; (2)<br>| &nbsp;&nbsp; 6650.00 | &nbsp;&nbsp; 06/18/2026 | &nbsp;&nbsp; (51593)<br>| &nbsp;&nbsp; (39850)<br>|
| S&P 500 Index | Morgan Stanley | USD | &nbsp;&nbsp; (1305704)<br>| &nbsp;&nbsp; (2)<br>| &nbsp;&nbsp; 6420.00 | &nbsp;&nbsp; 06/18/2026 | &nbsp;&nbsp; (57993)<br>| &nbsp;&nbsp; (69140)<br>|
| Total |  |  |  |  |  |  | &nbsp;&nbsp; (109586)<br>| &nbsp;&nbsp; (108990)<br>|

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended March 31, 2026 are as follows:

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Capital gain** <br>**distributions($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends —** <br>**affiliated** <br>**issuers ($)**<br>| **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  | Columbia Short-Term Cash Fund, 3.790%  |
|  | 100455424 | 42604609 | (45252869)<br>| (10400)<br>| 97796764 |  | 333 | 911936 | 97835899 |
| Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Contrarian Core Fund, Class 1 Shares  |
|  | 5034629 | 278237 | (14173)<br>| (303746)<br>| 4994947 |  | 11090 |  | 83333 |
| Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Corporate Bond Fund, Class 1 Shares  |
|  | 27313788 | 691069 | (586421)<br>| (104489)<br>| 27313947 |  | (3726)<br>|  | 3492832 |
| Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Disciplined Core Fund, Class 1 Shares  |
|  | 13954731 | 696971 | (53476)<br>| (710305)<br>| 13887921 |  | (707)<br>|  | 112864 |
| Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Intermediate Bond Fund, Class 1 Shares  |
|  | 55545953 | 1426598 | (1258201)<br>| 198765 | 55913115 |  | (199734)<br>|  | 6501525 |
| Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Large Cap Growth Fund, Class 1 Shares  |
|  | 9156506 | 1304969 | (62294)<br>| (944709)<br>| 9454472 |  | (3329)<br>|  | 183760 |
| Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  | Columbia Variable Portfolio – Limited Duration Credit Fund, Class 1 Shares  |
|  | 10648074 | 210797 | (377646)<br>| 8707 | 10489932 |  | 1672 |  | 1101884 |
| Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  | Columbia Variable Portfolio – Long Government/Credit Bond Fund, Class 1 Shares  |
|  | 16953865 | 470070 | (564671)<br>| (206)<br>| 16859058 |  | (92233)<br>|  | 2387968 |
| Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  | Columbia Variable Portfolio – Overseas Core Fund, Class 1 Shares  |
|  | 18826225 | 2886735 | (1389977)<br>| (1475515)<br>| 18847468 |  | 564329 | 1215396 | 1114575 |
| Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Equity Fund, Class 1 Shares  |
|  | 13399286 | 813182 | (55841)<br>| (855249)<br>| 13301378 |  | 17428 |  | 526579 |
| Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Large Cap Value Fund, Class 1 Shares  |
|  | 8223840 | 444153 | (473485)<br>| 177456 | 8371964 |  | 47586 |  | 145599 |
| Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Growth Fund, Class 1 Shares  |
|  | 1641833 | 131038 | (93897)<br>| (138759)<br>| 1540215 |  | 94962 |  | 24632 |
| Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Select Mid Cap Value Fund, Class 1 Shares  |
|  | 1652600 | 88029 | (187175)<br>| 3307 | 1556761 |  | 114069 |  | 30699 |

---

Variable Portfolio – Managed Volatility Conservative Fund \| 2026

------

Portfolio of Investments (continued)

Variable Portfolio – Managed Volatility Conservative Fund, March 31, 2026 (Unaudited)

**Notes to Portfolio of Investments (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning**<br> **of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br> **unrealized** <br> **appreciation** <br> **(depreciation)($)**<br>| **End of** <br> **period($)**<br>| **Capital gain**<br> **distributions($)**<br>| **Realized gain**<br> **(loss)($)**<br>| **Dividends —**<br> **affiliated**<br> **issuers ($)**<br>| **End of**<br> **period shares**<br>|
| Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Cap Value Fund, Class 1 Shares  |
|  | 1014702 | 108412 | (92830)<br>| 232 | 1030516 |  | 9674 |  | 80888 |
| Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  | Columbia Variable Portfolio – Small Company Growth Fund, Class 1 Shares  |
|  | 1007719 | 132942 | (80794)<br>| (50102)<br>| 1009765 |  | 15596 |  | 69977 |
| Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  | Columbia Variable Portfolio – U.S. Government Mortgage Fund, Class 1 Shares  |
|  | 21128461 | 350286 | (607290)<br>| 129246 | 21000703 |  | (61471)<br>|  | 2236497 |
| CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – American Century Diversified Bond Fund, Class 1 Shares  |
|  | 57563491 | 1020924 | (1576466)<br>| 167984 | 57175933 |  | (233163)<br>|  | 6147950 |
| CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Principal Large Cap Growth Fund, Class 1 Shares  |
|  | 2671756 | 370389 | (5204)<br>| (342433)<br>| 2694508 |  | (417)<br>|  | 37538 |
| CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – T. Rowe Price Large Cap Value Fund, Class 1 Shares  |
|  | 2971900 | 123111 | (94760)<br>| (46951)<br>| 2953300 |  | 106664 |  | 65614 |
| CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  | CTIVP<sup>®</sup> – TCW Core Plus Bond Fund, Class 1 Shares  |
|  | 55473410 | 979084 | (1472145)<br>| 167292 | 55147641 |  | (168891)<br>|  | 5923484 |
| CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Wellington Large Cap Value Fund, Class 1 Shares  |
|  | 3663280 | 195677 | (131352)<br>| (127628)<br>| 3599977 |  | 24083 |  | 71985 |
| CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  | CTIVP<sup>®</sup> – Westfield Select Large Cap Growth Fund, Class 1 Shares  |
|  | 2677866 | 199571 | (13572)<br>| (179149)<br>| 2684716 |  | (566)<br>|  | 41444 |
| Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  | Variable Portfolio – Partners Core Bond Fund, Class 1 Shares  |
|  | 65430206 | 984181 | (2085718)<br>| 209346 | 64538015 |  | (211021)<br>|  | 6612501 |
| Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners Core Equity Fund, Class 1 Shares  |
|  | 2120738 | 129643 | (1894)<br>| (118071)<br>| 2130416 |  | (11)<br>|  | 43161 |
| Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  | Variable Portfolio – Partners International Core Equity Fund, Class 1 Shares  |
|  | 3282308 | 349899 | (148972)<br>| (219083)<br>| 3264152 |  | 45146 | 81904 | 274529 |
| Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  | Variable Portfolio – Partners International Growth Fund, Class 1 Shares  |
|  | 4409509 | 378339 | (262676)<br>| (167140)<br>| 4358032 |  | 45415 | 37317 | 343694 |
| Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  | Variable Portfolio – Partners International Value Fund, Class 1 Shares  |
|  | 4313167 | 519470 | (239489)<br>| (205837)<br>| 4387311 |  | 113015 | 136633 | 336708 |
| Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Growth Fund, Class 1 Shares  |
|  | 1290401 | 123983 | (94133)<br>| (14639)<br>| 1305612 |  | 38902 |  | 34377 |
| Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  | Variable Portfolio – Partners Small Cap Value Fund, Class 1 Shares  |
|  | 1289673 | 118691 | (94245)<br>| (4673)<br>| 1309446 |  | 69323 |  | 29632 |
| Total | 513115341 |  |  | (4956749)<br>| 508917985 |  | 344018 | 2383186 |  |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents a security purchased on a when-issued basis.

&nbsp;&nbsp;&nbsp;&nbsp;(d) The rate shown is the seven-day current annualized yield at March 31, 2026.

**Abbreviation Legend** 

TBA To Be Announced

Variable Portfolio – Managed Volatility Conservative Fund \| 2026

------

Portfolio of Investments (continued)

Variable Portfolio – Managed Volatility Conservative Fund, March 31, 2026 (Unaudited)

**Currency Legend** 

---

| | |
|:---|:---|
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| EUR | Euro |
| GBP | British Pound |
| JPY | Japanese Yen |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| USD | US Dollar |

---

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Variable Portfolio – Managed Volatility Conservative Fund \| 2026

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT7045_(05/26)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** COLUMBIA FUNDS VARIABLE INSURANCE TRUST

- **b. Investment Company Act file number:** 811-05199

- **c. CIK number of Registrant:** 0000815425

- **d. LEI of Registrant:** 549300293M2AM3RU8K52

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1800-345-6611

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

- **a. Name of Series:** Variable Portfolio - Managed Volatility Conservative Fund

- **b. EDGAR series identifier (if any):** S000040389

- **c. LEI of Series:** 549300DZ5JLCT5FW6L92

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $641457754.30

**Total Liabilities:** $72147860.97

**Net Assets:** $569309893.33

**Delayed Delivery Securities:** $71465525.91

**Cash Not Reported:** $266442.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000125448 | 0.76%                | 1.37%                | -2.56%               |
| Class ID C000206835 | 0.81%                | 1.41%                | -2.58%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $584588.80               | $3110818.42                                |
| Month 2  | $316956.31               | $7147956.68                                |
| Month 3  | $-348104.37              | $-16288968.69                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F030447<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1300000 | PA      | $1241456.26   | 0.22%             | 2041-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F030645<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4050000 | PA      | $3556626.77   | 0.62%             | 2056-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F032443<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2150000 | PA      | $2069486.22   | 0.36%             | 2041-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F032641<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6875000 | PA      | $6301927.71   | 1.11%             | 2056-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F040446<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3370000 | PA      | $3290917.09   | 0.58%             | 2041-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F040644<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8377000 | PA      | $7903897.53   | 1.39%             | 2056-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F042640<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  11250000 | PA      | $10856313.79  | 1.91%             | 2056-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F050643<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7025000 | PA      | $6927539.65   | 1.22%             | 2056-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F052649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7500000 | PA      | $7534544.33   | 1.32%             | 2056-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| UMBS, TBA                                               | Uniform Mortgage-Backed Security, TBA                   | CUSIP: 01F060642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8000000 | PA      | $8154624.00   | 1.43%             | 2056-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Columbia Variable Portfolio - Small Cap Value Fund      | Columbia Variable Portfolio - Small Cap Value Fund      | CUSIP: 19765R303<br>LEI: QFDZC6A36M07XEWD4L46 | Long             | EC               | RF                | US        |     81098 | NS      | $1033192.78   | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP LONG GOVT/CREDIT BD 1                       | COLUMBIA VP LONG GOVT/CREDIT BD 1                       | CUSIP: 19765R444<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2388400 | NS      | $16862104.70  | 2.96%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA CONTRARIAN CORE CL I MF                        | COLUMBIA CONTRARIAN CORE CL I MF                        | CUSIP: 19765R535<br>LEI: N/A                  | Long             | EC               | RF                | US        |     83332 | NS      | $4994946.51   | 0.88%             |  |  |  | No            | N/A                | On Loan: No      |
| Columbia Variable Portfolio - Small Company Growth Fund | Columbia Variable Portfolio - Small Company Growth Fund | CUSIP: 19765R642<br>LEI: S7VQF2LJKBJBPNFLD691 | Long             | EC               | RF                | US        |     69977 | NS      | $1009764.72   | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| VP - PARTNERS CORE BD FD CL1                            | VP - PARTNERS CORE BD FD CL1                            | CUSIP: 19766E129<br>LEI: N/A                  | Long             | EC               | RF                | US        |   6615848 | NS      | $64570675.80  | 11.34%            |  |  |  | No            | N/A                | On Loan: No      |
| VP - PARTNERS INTL GROWTH FD 1                          | VP - PARTNERS INTL GROWTH FD 1                          | CUSIP: 19766E145<br>LEI: N/A                  | Long             | EC               | RF                | US        |    343705 | NS      | $4358177.89   | 0.77%             |  |  |  | No            | N/A                | On Loan: No      |
| VP PARTNERS CORE EQUITY FD CL 1                         | VP PARTNERS CORE EQUITY FD CL 1                         | CUSIP: 19766E236<br>LEI: N/A                  | Long             | EC               | RF                | US        |     43161 | NS      | $2130416.00   | 0.37%             |  |  |  | No            | N/A                | On Loan: No      |
| CTIVP - PRINCIPAL LARGE CAP GROWTH FUND                 | CTIVP - PRINCIPAL LARGE CAP GROWTH FUND                 | CUSIP: 19766E277<br>LEI: N/A                  | Long             | EC               | RF                | US        |     37538 | NS      | $2694507.93   | 0.47%             |  |  |  | No            | N/A                | On Loan: No      |
| CTIVP - AMER CENT DIVERSE BD CLS 1                      | CTIVP - AMER CENT DIVERSE BD CLS 1                      | CUSIP: 19766E293<br>LEI: N/A                  | Long             | EC               | RF                | US        |   6151142 | NS      | $57205621.95  | 10.05%            |  |  |  | No            | N/A                | On Loan: No      |
| VP - PARTNERS INTL VALUE FD 1                           | VP - PARTNERS INTL VALUE FD 1                           | CUSIP: 19766E327<br>LEI: N/A                  | Long             | EC               | RF                | US        |    338937 | NS      | $4416349.64   | 0.78%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP OVERSEAS CORE-1                             | COLUMBIA VP OVERSEAS CORE-1                             | CUSIP: 19766E418<br>LEI: Q0EBCBICSMH65I7QD232 | Long             | EC               | RF                | US        |   1125230 | NS      | $19027636.97  | 3.34%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP SEL LARGE CAP VAL CL 1                      | COLUMBIA VP SEL LARGE CAP VAL CL 1                      | CUSIP: 19766E475<br>LEI: N/A                  | Long             | EC               | RF                | US        |    145599 | NS      | $8371963.55   | 1.47%             |  |  |  | No            | N/A                | On Loan: No      |
| Columbia Variable Portfolio - Large Cap Growth Fund     | Columbia Variable Portfolio - Large Cap Growth Fund     | CUSIP: 19766E517<br>LEI: N/A                  | Long             | EC               | RF                | US        |    183760 | NS      | $9454472.17   | 1.66%             |  |  |  | No            | N/A                | On Loan: No      |
| Columbia VP - US Government Mortgage Fund               | Columbia VP - US Government Mortgage Fund               | CUSIP: 19766E541<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2240020 | NS      | $21033783.62  | 3.69%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP SEL MID CAP VAL CL 1                        | COLUMBIA VP SEL MID CAP VAL CL 1                        | CUSIP: 19766E582<br>LEI: N/A                  | Long             | EC               | RF                | US        |     30699 | NS      | $1556761.60   | 0.27%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VARIABLE PORTFOLIO - MI                        | COLUMBIA VARIABLE PORTFOLIO - MI                        | CUSIP: 19766E624<br>LEI: 0OPPEF28BGYQSTF7XF64 | Long             | EC               | RF                | US        |     24632 | NS      | $1540214.89   | 0.27%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP LTD DUR BD- C                               | COLUMBIA VP LTD DUR BD- C                               | CUSIP: 19766E640<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1102541 | NS      | $10496188.91  | 1.84%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VARIABLE PORTFOLIO - CORPORATE BOND FUND       | COLUMBIA VARIABLE PORTFOLIO - CORPORATE BOND FUND       | CUSIP: 19766E749<br>LEI: N/A                  | Long             | EC               | RF                | US        |   3492832 | NS      | $27313947.61  | 4.80%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP DISCIPLINED CORE FD-1                       | COLUMBIA VP DISCIPLINED CORE FD-1                       | CUSIP: 19766E814<br>LEI: N/A                  | Long             | EC               | RF                | US        |    112864 | NS      | $13887921.23  | 2.44%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP INTERMED BOND FD CL 1                       | COLUMBIA VP INTERMED BOND FD CL 1                       | CUSIP: 19766E871<br>LEI: N/A                  | Long             | EC               | RF                | US        |   6501597 | NS      | $55913735.54  | 9.82%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND                           | COLUMBIA SHORT TERM CASH FUND                           | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  97835899 | NS      | $97796764.33  | 17.18%            |  |  |  | No            | 1                  | On Loan: No      |
| CTIVP - WELLINGTON LG CAP VAL FD 1                      | CTIVP - WELLINGTON LG CAP VAL FD 1                      | CUSIP: 19766L305<br>LEI: N/A                  | Long             | EC               | RF                | US        |     71985 | NS      | $3599977.15   | 0.63%             |  |  |  | No            | N/A                | On Loan: No      |
| COLUMBIA VP SEL LARGE CAP EQ FD 1                       | COLUMBIA VP SEL LARGE CAP EQ FD 1                       | CUSIP: 19766L495<br>LEI: N/A                  | Long             | EC               | RF                | US        |    526579 | NS      | $13301378.42  | 2.34%             |  |  |  | No            | N/A                | On Loan: No      |
| CTIVP - WESTFIELD SELECT LARGE CAP GROWTH FUND          | CTIVP - WESTFIELD SELECT LARGE CAP GROWTH FUND          | CUSIP: 19766L610<br>LEI: N/A                  | Long             | EC               | RF                | US        |     41444 | NS      | $2684716.08   | 0.47%             |  |  |  | No            | N/A                | On Loan: No      |
| VP - PARTNERS INTL CORE EQUITY FD CL1                   | VP - PARTNERS INTL CORE EQUITY FD CL1                   | CUSIP: 19766L727<br>LEI: N/A                  | Long             | EC               | RF                | US        |    275882 | NS      | $3280232.88   | 0.58%             |  |  |  | No            | N/A                | On Loan: No      |
| CTIVP - TCW CORE PLUS BOND FD CL1                       | CTIVP - TCW CORE PLUS BOND FD CL1                       | CUSIP: 19766L743<br>LEI: N/A                  | Long             | EC               | RF                | US        |   5929569 | NS      | $55204285.09  | 9.70%             |  |  |  | No            | N/A                | On Loan: No      |
| VP - PARTNERS SMALL CAP VALUE-1                         | VP - PARTNERS SMALL CAP VALUE-1                         | CUSIP: 19766L776<br>LEI: N/A                  | Long             | EC               | RF                | US        |     29632 | NS      | $1309446.03   | 0.23%             |  |  |  | No            | N/A                | On Loan: No      |
| VP - PARTNERS SM CAP GR                                 | VP - PARTNERS SM CAP GR                                 | CUSIP: 19766L792<br>LEI: N/A                  | Long             | EC               | RF                | US        |     34376 | NS      | $1305612.06   | 0.23%             |  |  |  | No            | N/A                | On Loan: No      |
| CTIVP - T ROWE LRG CAP VAL CL1                          | CTIVP - T ROWE LRG CAP VAL CL1                          | CUSIP: 19766L826<br>LEI: N/A                  | Long             | EC               | RF                | US        |     65614 | NS      | $2953300.05   | 0.52%             |  |  |  | No            | N/A                | On Loan: No      |
| iShares Core U.S. Aggregate Bond ETF                    | iShares Core U.S. Aggregate Bond ETF                    | CUSIP: 464287226<br>LEI: 549300F7VSXTKBGHJE47 | Long             | EC               | RF                | US        |    223000 | NS      | $22137210.00  | 3.89%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares iBoxx USD Investment Grade Corporate Bond ETF   | iShares iBoxx USD Investment Grade Corporate Bond ETF   | CUSIP: 464287242<br>LEI: 549300FYCXFXG8POR355 | Long             | EC               | RF                | US        |     62600 | NS      | $6822774.00   | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Total Bond Market ETF                          | Vanguard Total Bond Market ETF                          | CUSIP: 921937835<br>LEI: CIJB0QNLPT2SSWMJ5W92 | Long             | EC               | RF                | US        |    250000 | NS      | $18410000.00  | 3.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Intermediate-Term Corporate Bond ETF           | Vanguard Intermediate-Term Corporate Bond ETF           | CUSIP: 92206C870<br>LEI: VKDXEYNPEMWGHJ22MR31 | Long             | EC               | RF                | US        |     86000 | NS      | $7116500.00   | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Barclays Capital, Inc.                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | AU        |         1 | NC      | $-3992.78     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | CA        |         1 | NC      | $15811.90     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | CA        |         1 | NC      | $-2490.15     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | CH        |         1 | NC      | $59382.38     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | NO        |         1 | NC      | $-5876.69     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | AUSTRALIA DOLLAR                                        | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | AU        |         1 | NC      | $-10059.22    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | BRITISH POUND                                           | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | GB        |         1 | NC      | $-24135.96    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Barclays Capital, Inc.                                  | NEW ZEALAND DOLLAR                                      | CUSIP: 000000000<br>LEI: AC28XWWI3WIBK2824319 | N/A              | DFE              |  | NZ        |         1 | NC      | $5630.72      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Euronext Paris Matif                                    | CAC40 10 EURO APR 26                                    | CUSIP: 000000000<br>LEI: 969500HMVSZ0TCV65D58 | N/A              | DE               |  | FR        |         4 | NC      | $-6126.46     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 12/17/27 P5300                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |        26 | NC      | $629200.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 12/17/27 P5500                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |        15 | NC      | $419250.00    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 06/18/26 P6650                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |         2 | NC      | $55470.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 06/18/26 C6650                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |        -2 | NC      | $-39850.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 06/18/26 P6420                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |         2 | NC      | $39160.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 06/18/26 C6420                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |        -2 | NC      | $-69140.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Global Markets, Inc.                          | US DOLLARS                                              | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              |  | XX        |         1 | NC      | $6640.25      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Citigroup Global Markets, Inc.                          | US DOLLARS                                              | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              |  | NO        |         1 | NC      | $-5637.32     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Citigroup Global Markets, Inc.                          | BRITISH POUND                                           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              |  | GB        |         1 | NC      | $7169.78      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | S&P500 EMINI JUN 26                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        42 | NC      | $137470.84    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | S&P500 EMINI JUN 26                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        -4 | NC      | $23042.48     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | S&P500 EMINI JUN 26                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       -10 | NC      | $-54891.15    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | S&P MID 400 EMINI JUN 26                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        -1 | NC      | $1499.66      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | S&P MID 400 EMINI JUN 26                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        -3 | NC      | $-13241.69    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 5YR NOTE JUN 26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         2 | NC      | $699.53       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 5YR NOTE JUN 26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       139 | NC      | $-189603.71   | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs International                             | AUSTRALIA DOLLAR                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | AU        |         1 | NC      | $-5823.41     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank Co. Ltd.                                      | US DOLLARS                                              | CUSIP: 000000000<br>LEI: 2HI3YI5320L3RW6NJ957 | N/A              | DFE              |  | CA        |         1 | NC      | $14106.49     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank Co. Ltd.                                      | US DOLLARS                                              | CUSIP: 000000000<br>LEI: 2HI3YI5320L3RW6NJ957 | N/A              | DFE              |  | SE        |         1 | NC      | $174388.95    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC Bank Co. Ltd.                                      | NORWAY KRONA                                            | CUSIP: 000000000<br>LEI: 2HI3YI5320L3RW6NJ957 | N/A              | DFE              |  | NO        |         1 | NC      | $7640.58      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: 984500653R409CC5AB28 | N/A              | DFE              |  | CA        |         1 | NC      | $30354.96     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: 984500653R409CC5AB28 | N/A              | DFE              |  | XX        |         1 | NC      | $-16042.26    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | EURO COUNTRIES                                          | CUSIP: 000000000<br>LEI: 984500653R409CC5AB28 | N/A              | DFE              |  | XX        |         1 | NC      | $-5051.79     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                  | JAPANESE YEN                                            | CUSIP: 000000000<br>LEI: 984500653R409CC5AB28 | N/A              | DFE              |  | JP        |         1 | NC      | $-35768.60    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley Bank NA                                  | US DOLLARS                                              | CUSIP: 000000000<br>LEI: G1MLHIS0N32I3QPILB75 | N/A              | DFE              |  | JP        |         1 | NC      | $-40.70       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley Bank NA                                  | EURO COUNTRIES                                          | CUSIP: 000000000<br>LEI: G1MLHIS0N32I3QPILB75 | N/A              | DFE              |  | XX        |         1 | NC      | $4318.41      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley Bank NA                                  | NORWAY KRONA                                            | CUSIP: 000000000<br>LEI: G1MLHIS0N32I3QPILB75 | N/A              | DFE              |  | NO        |         1 | NC      | $-16040.79    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley Bank NA                                  | NEW ZEALAND DOLLAR                                      | CUSIP: 000000000<br>LEI: G1MLHIS0N32I3QPILB75 | N/A              | DFE              |  | NZ        |         1 | NC      | $-6512.26     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley Bank NA                                  | SWEDISH KRONA                                           | CUSIP: 000000000<br>LEI: G1MLHIS0N32I3QPILB75 | N/A              | DFE              |  | SE        |         1 | NC      | $-10911.37    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                             | NASDAQ 100 E-MINI JUN 26                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         2 | NC      | $-27709.05    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| The Montreal Exchange/Bourse De Montreal                | S&P/TSE 60 INDEX JUN 26                                 | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DE               |  | CA        |         4 | NC      | $8950.18      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Nasdaq Stockholm AB                                     | OMXS30 INDEX APR 26                                     | CUSIP: 000000000<br>LEI: 549300KBQIVNEJEZVL96 | N/A              | DE               |  | SE        |       -15 | NC      | $-4834.09     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Singapore Exchange Derivatives Clearing Ltd.            | MSCI SING IX ETS APR 26                                 | CUSIP: 000000000<br>LEI: 549300ZLWT3FK3F0FW61 | N/A              | DE               |  | SG        |        -2 | NC      | $-334.63      | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                             | RUSSELL 2000 EMINI CME JUN 26                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       -10 | NC      | $-1370.56     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Italian Derivatives Market                              | FTSE/MIB INDEX JUN 26                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | IT        |        -2 | NC      | $2541.42      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Osaka Exchange                                          | TOPIX INDEX JUN 26                                      | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |        -3 | NC      | $15307.66     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 2YR NOTE JUN 26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        55 | NC      | $-60089.08    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US 10YR NOTE JUN 26                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         4 | NC      | $2866.90      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| UBS Securities LLC                                      | US DOLLARS                                              | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              |  | CH        |         1 | NC      | $16833.21     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS Securities LLC                                      | US DOLLARS                                              | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              |  | JP        |         1 | NC      | $1571.14      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS Securities LLC                                      | US DOLLARS                                              | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              |  | SE        |         1 | NC      | $-13875.00    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UBS Securities LLC                                      | BRITISH POUND                                           | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              |  | GB        |         1 | NC      | $-27183.68    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                  | US LONG BOND JUN 26                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -8 | NC      | $22641.45     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US LONG BOND JUN 26                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -3 | NC      | $-1412.10     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO STOXX 50 JUN 26                                    | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |       -36 | NC      | $76725.62     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Eurex Deutschland                                       | EURO STOXX 50 JUN 26                                    | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |       -12 | NC      | $-6174.90     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo Securities LLC                              | US DOLLARS                                              | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              |  | AU        |         1 | NC      | $33221.60     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Wells Fargo Securities LLC                              | US DOLLARS                                              | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              |  | CH        |         1 | NC      | $16368.26     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Wells Fargo Securities LLC                              | US DOLLARS                                              | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              |  | CH        |         1 | NC      | $-2422.66     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Wells Fargo Securities LLC                              | JAPANESE YEN                                            | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              |  | JP        |         1 | NC      | $5538.25      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Wells Fargo Securities LLC                              | NEW ZEALAND DOLLAR                                      | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              |  | NZ        |         1 | NC      | $-7813.36     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Wells Fargo Securities LLC                              | SWEDISH KRONA                                           | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              |  | SE        |         1 | NC      | $-16205.13    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                  | US ULTRA T-BOND JUN 26                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -8 | NC      | $26949.27     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                  | US ULTRA T-BOND JUN 26                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -3 | NC      | $-1131.00     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| ASX Clear (Futures)                                     | SPI 200 JUN 26                                          | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DE               |  | AU        |        -1 | NC      | $696.85       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ASX Clear (Futures)                                     | SPI 200 JUN 26                                          | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DE               |  | AU        |        -1 | NC      | $-605.64      | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures Europe - Financial Products Division        | FTSE 100 INDEX JUN 26                                   | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DE               |  | GB        |        -1 | NC      | $657.76       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures Europe - Financial Products Division        | FTSE 100 INDEX JUN 26                                   | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DE               |  | GB        |        -2 | NC      | $-6322.28     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| CBOE Global Markets, Inc.                               | SPX US 12/17/27 P5400                                   | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               |  | US        |        16 | NC      | $416480.00    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-05-04

**Name of Applicant:** COLUMBIA FUNDS VARIABLE INSURANCE TRUST

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager