# EDGAR Filing Document

**Accession Number:** 0000914036
**File Stem:** 0001410368-25-027763
**Filing Date:** 2025-11
**Character Count:** 17295
**Document Hash:** 14ad5c3233d64842091ed3b6f9492ae3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-027763.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001410368-25-027763

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08090
- **FILM NUMBER:** 251504952

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

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

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

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

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

## Series and Classes Contracts Data

### LVIP Multi-Manager International Equity Managed Volatility Fund (Series ID: S000040168)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000124876 | Standard Class |  |
| C000124877 | Service Class  |  |

## Nport-Ex

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

**Schedule of Investments**

September 30, 2025 (unaudited)

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

---

| | | |
|:---|:---|:---|
|  | **Number of** <br>**Shares**<br>| **Value** <br>**(U.S. $)**<br>|
| **AFFILIATED INVESTMENTS–95.07%** | **AFFILIATED INVESTMENTS–95.07%** | **AFFILIATED INVESTMENTS–95.07%** |
| **INVESTMENT COMPANIES–95.07%** | **INVESTMENT COMPANIES–95.07%** | **INVESTMENT COMPANIES–95.07%** |
| **International Equity Funds–95.07%** | **International Equity Funds–95.07%** | **International Equity Funds–95.07%** |
| ✧✧Lincoln Variable Insurance Products Trust- | ✧✧Lincoln Variable Insurance Products Trust- |  |
| &nbsp;&nbsp;&nbsp; LVIP Dimensional <br> International Core Equity <br> Fund<br>| 10725762 | $166260038 |
| &nbsp;&nbsp;&nbsp; LVIP Franklin Templeton <br> Multi-Factor International <br> Equity Fund<br>| 5325515 | 55145708 |
| &nbsp;&nbsp;&nbsp; LVIP MFS International <br> Growth Fund<br>| 15375804 | 326843460 |
| **Total Affiliated Investments** <br>**(Cost $409,066,135)**<br>|  | **548249206** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **UNAFFILIATED INVESTMENT–4.51%** | **UNAFFILIATED INVESTMENT–4.51%** | **UNAFFILIATED INVESTMENT–4.51%** |
| **INVESTMENT COMPANY–4.51%** | **INVESTMENT COMPANY–4.51%** | **INVESTMENT COMPANY–4.51%** |
| **Money Market Fund–4.51%** | **Money Market Fund–4.51%** | **Money Market Fund–4.51%** |
| &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund - Premier Class <br> (seven-day effective yield <br> 4.09%)<br>| 25999207 | $25999207 |
| **Total Unaffiliated** <br> **Investment** <br>**(Cost $25,999,207)**<br>|  | **25999207** |

---

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

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

---

| | |
|:---|:---|
| **TOTAL INVESTMENTS–99.58% (Cost $435,065,342)** | **574248413** |
| **RECEIVABLES AND OTHER ASSETS NET OF LIABILITIES–0.42%** | **2409905** |
| **NET ASSETS APPLICABLE TO 42,460,383 SHARES OUTSTANDING–100.00%** | **$576658318** |

---

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

------

✧✧Standard Class shares.<br>

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

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

**Futures Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Contracts to Buy (Sell)** | **Contracts to Buy (Sell)** | **Notional** <br>**Amount**<br>| **Notional** <br>**Cost (Proceeds)**<br>| **Expiration** <br>**Date**<br>| **Value/** <br>**Unrealized** <br>**Appreciation**<sup>1</sup> <br>| **Value/** <br>**Unrealized** <br>**Depreciation**<sup>1</sup> <br>|
| **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** | **Currency Contracts:** |
| 75 | CME British Pound Currency Futures | &nbsp;&nbsp; $6305156 | &nbsp;&nbsp; $6351617 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(46461)<br>|
| 71 | CME Euro Foreign Exchange Currency Futures | &nbsp;&nbsp; 10465400 | &nbsp;&nbsp; 10453406 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; 11994 | &nbsp;&nbsp; — |
| 89 | CME Japanese Yen Currency Futures | &nbsp;&nbsp; 7580575 | &nbsp;&nbsp; 7624097 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; — | &nbsp;&nbsp; (43522)<br>|
|  |  |  |  |  | &nbsp;&nbsp; 11994 | &nbsp;&nbsp; (89983)<br>|
| **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** |
| 6 | CME E-mini S&P 500 Index Futures | &nbsp;&nbsp; 2021625 | &nbsp;&nbsp; 1994208 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 27417 | &nbsp;&nbsp; — |
| 1 | CME E-mini S&P MidCap 400 Index Futures | &nbsp;&nbsp; 328620 | &nbsp;&nbsp; 328343 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 277 | &nbsp;&nbsp; — |
| 161 | Eurex EURO STOXX 50 Futures | &nbsp;&nbsp; 10473718 | &nbsp;&nbsp; 10175897 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 297821 | &nbsp;&nbsp; — |
| 50 | FTSE 100 Index Futures | &nbsp;&nbsp; 6326071 | &nbsp;&nbsp; 6269829 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 56242 | &nbsp;&nbsp; — |
| 15 | ICE U.S. MSCI Emerging Markets Index Futures | &nbsp;&nbsp; 1019775 | &nbsp;&nbsp; 1008680 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 11095 | &nbsp;&nbsp; — |
| 25 | OSE Nikkei 225 Index Futures | &nbsp;&nbsp; 7605572 | &nbsp;&nbsp; 7309728 | &nbsp;&nbsp; 12/11/25 | &nbsp;&nbsp; 295844 | &nbsp;&nbsp; — |
|  |  |  |  |  | &nbsp;&nbsp; 688696 | &nbsp;&nbsp; — |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | &nbsp;&nbsp; $700690 | &nbsp;&nbsp; $(89983)<br>|

---

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

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

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

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

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

---

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

---

See accompanying notes.

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

------

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

**Notes**

September 30, 2025 (unaudited)

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

**1. Transactions with Affiliates**

Affiliated investments, for purposes of the Investment Company Act of 1940, are investments that have a common investment adviser, Lincoln Financial Investments Corporation ("LFI") (LVIP Funds), or investments in issuers whereby the Fund held 5% or more of the issuers' outstanding securities (non-LVIP Funds). Affiliated investments of the Fund and the corresponding investment activity for the period ended September 30, 2025, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **12/31/24**<br>| **Purchases** | **Sales** | **Net**<br> **Realized**<br> **Gain (Loss)**<br>| **Net Change**<br> **in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Value**<br> **09/30/25**<br>| **Number of**<br> **Shares**<br> **09/30/25**<br>| **Dividends** | **Capital**<br> **Gain**<br> **Distributions**<br>|
| **INVESTMENT COMPANIES-95.07%**<sup>@</sup> <br>|  |  |  |  |  |  |  |  |  |
| **International Equity Funds-95.07%**<sup>@</sup> <br>|  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; ✧✧LVIP Dimensional International Core <br> Equity Fund<br>| $168667857 | $1445012 | $45173822 | $3704093 | $37616898 | $166260038 | 10725762 | $119539 | $— |
| &nbsp;&nbsp; ✧✧LVIP Franklin Templeton Multi-Factor <br> International Equity Fund<br>| 56119926 | 210827 | 15317157 | 1242456 | 12889656 | 55145708 | 5325515 |  |  |
| ✧✧LVIP MFS International Growth Fund | 335835971 | 37115117 | 73165410 | 10493677 | 16564105 | 326843460 | 15375804 |  |  |
| Total | $560623754 | $38770956 | $133656389 | $15440226 | $67070659 | $548249206 |  | $119539 | $— |

---

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

------

---

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

---

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

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** FORT WAYNE

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46802

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

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

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

- **b. EDGAR series identifier (if any):** S000040168

- **c. LEI of Series:** 5493002CSTBLOT1SPK45

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $577226166.50

**Total Liabilities:** $518744.93

**Net Assets:** $576707421.57

**Cash Not Reported:** $1951827.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000124876 | -1.29%               | 2.93%                | 1.70%                |
| Class ID C000124877 | -1.31%               | 2.90%                | 1.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1765154.33              | $-8553236.80                               |
| Month 2  | $1580082.73              | $13810121.74                               |
| Month 3  | $405686.77               | $-17142382.47                              |

**Designated Index Information**

- **Index Name:** MSCI EAFE Index

- **Index Identifier:** NDDUEAFE

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LVIP Franklin Templeton Multi-Factor International Equity Fund | LVIP Franklin Templeton Multi-Factor International Equity Fund | CUSIP: 534898648<br>LEI: ZC1JP9GQKS75O7IOKT07 | Long             | EC               | RF                | US        |   5325966 | NS      | $55150377.50  | 9.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | S+P500 EMINI FUT DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         6 | NC      | $27416.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | JPN YEN CURR FUT DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |        89 | NC      | $-43522.46    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund     | State Street Institutional US Government Money Market Fund     | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  25999207 | NS      | $25999206.70  | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                         | MSCI EMGMKT DEC25                                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |        15 | NC      | $11095.21     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaka Exchange                                                 | NIKKEI 225 (OSE) DEC25                                         | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |        25 | NC      | $295844.46    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LVIP Dimensional International Core Equity Fund                | LVIP Dimensional International Core Equity Fund                | CUSIP: 53500Q304<br>LEI: 549300YPLMOSU61OL334 | Long             | EC               | RF                | US        |  10726666 | NS      | $166274046.43 | 28.83%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | S+P MID 400 EMINI DEC25                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         1 | NC      | $277.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                              | EURO STOXX 50 DEC25                                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |       161 | NC      | $297821.09    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | EURO FX CURR FUT DEC25                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |        71 | NC      | $11993.81     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                    | BP CURRENCY FUT DEC25                                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |        75 | NC      | $-46460.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe - Financial Products Division               | FTSE 100 IDX FUT DEC25                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        |        50 | NC      | $56241.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LVIP MFS International Growth Fund                             | LVIP MFS International Growth Fund                             | CUSIP: 474903200<br>LEI: 9LBFO02LQR4KRKTDGJ66 | Long             | EC               | RF                | US        |  15377122 | NS      | $326871477.81 | 56.68%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** James Hoffmayer

**Name of Signer:** James Hoffmayer

**Title:** VP