# EDGAR Filing Document

**Accession Number:** 0000896435
**File Stem:** 0001752724-25-207377
**Filing Date:** 2025-8
**Character Count:** 25964
**Document Hash:** 5fb9493f3a0a44c68479da9b2f5e3b84
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207377.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207377

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
- **CENTRAL INDEX KEY:** 0000896435

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07452
- **FILM NUMBER:** 251261449

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS
- **DATE OF NAME CHANGE:** 20000719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### Invesco V.I. Capital Appreciation Fund (Series ID: S000064654)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000209355 | Series II    |  |
| C000209356 | Series I     |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

- **b. Investment Company Act file number:** 811-07452

- **c. CIK number of Registrant:** 0000896435

- **d. LEI of Registrant:** FC4UULIMJMGKBDUARB13

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco V.I. Discovery Large Cap Fund

- **b. EDGAR series identifier (if any):** S000064654

- **c. LEI of Series:** 549300DPQWZVB5YV8X45

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $856834810.47

**Total Liabilities:** $42614390.10

**Net Assets:** $814220420.37

**Cash Not Reported:** $2000271.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209355 | 1.96%                | 10.09%               | 6.98%                |
| Class ID C000209356 | 2.00%                | 10.11%               | 7.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1376270.93              | $12176139.98                               |
| Month 2  | $3948366.25              | $65277077.59                               |
| Month 3  | $5351062.83              | $48338187.24                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Take-Two Interactive Software, Inc.         | Take-Two Interactive Software, Inc.                        | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     31663 | NS      | $7689359.55   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co.                        | General Electric Co.                                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     45770 | NS      | $11780740.30  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                              | DoorDash, Inc., Class A                                    | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     47199 | NS      | $11635025.49  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                            | Cloudflare, Inc., Class A                                  | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     47272 | NS      | $9257275.76   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly and Co.                           | Eli Lilly and Co.                                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7680 | NS      | $5986790.40   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                        | American Express Co.                                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     23763 | NS      | $7579921.74   | 0.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Netflix, Inc.                               | Netflix, Inc.                                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     23681 | NS      | $31711937.53  | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Treasury Portfolio                  | Invesco Treasury Portfolio, Institutional Class            | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   6133870 | NS      | $6133869.78   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp.                                | Cameco Corp.                                               | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     63706 | NS      | $4728896.38   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                 | Tesla, Inc.                                                | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     44099 | NS      | $14008488.34  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                 | Carvana Co.                                                | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     15633 | NS      | $5267695.68   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group, Inc.                            | CBRE Group, Inc., Class A                                  | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     30698 | NS      | $4301403.76   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                               | Cencora, Inc.                                              | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     36673 | NS      | $10996399.05  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                            | ServiceNow, Inc.                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     14712 | NS      | $15125112.96  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                              | AppLovin Corp., Class A                                    | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     32872 | NS      | $11507829.76  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                      | Costco Wholesale Corp.                                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     12284 | NS      | $12160422.96  | 1.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Amazon.com, Inc.                            | Amazon.com, Inc.                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    249845 | NS      | $54813494.55  | 6.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                     | Boston Scientific Corp.                                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    184298 | NS      | $19795448.18  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                 | AbbVie Inc.                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     18060 | NS      | $3352297.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock, Inc.                             | Blackrock, Inc.                                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      5041 | NS      | $5289269.25   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc.                                   | Visa Inc., Class A                                         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     32356 | NS      | $11487997.80  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                        | TJX Cos., Inc. (The)                                       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     49610 | NS      | $6126338.90   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd.      | Check Point Software Technologies Ltd.                     | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     28133 | NS      | $6224426.25   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.              | Monolithic Power Systems, Inc.                             | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     10784 | NS      | $7887201.92   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.                         | Vertiv Holdings Co., Class A                               | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     62148 | NS      | $7980424.68   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc.                               | Broadcom Inc.                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    117200 | NS      | $32306180.00  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                    | Intuitive Surgical, Inc.                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     11370 | NS      | $6178571.70   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                       | Quanta Services, Inc.                                      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     33348 | NS      | $12608211.84  | 1.55%             |  |  |  | No            |                  1 | On Loan: —       |
| Republic Services, Inc.                     | Republic Services, Inc.                                    | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     24410 | NS      | $6019750.10   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co. Inc.                              | KKR & Co. Inc., Class A                                    | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     55522 | NS      | $7386091.66   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)             | Goldman Sachs Group, Inc. (The)                            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     12438 | NS      | $8802994.50   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                | Vistra Corp.                                               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     23510 | NS      | $4556473.10   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                               | Alphabet Inc., Class C                                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    134480 | NS      | $23855407.20  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                | NVIDIA Corp.                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    570515 | NS      | $90135664.85  | 11.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                       | Arista Networks, Inc.                                      | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     94304 | NS      | $9648242.24   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                          | MercadoLibre, Inc.                                         | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      2982 | NS      | $7793844.66   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                | Royal Caribbean Cruises Ltd.                               | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     22251 | NS      | $6967678.14   | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| Snowflake Inc.                              | Snowflake Inc., Class A                                    | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     47371 | NS      | $10600208.67  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomson Reuters Corp.                       | Thomson Reuters Corp.                                      | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |     27766 | NS      | $5584575.58   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                        | Meta Platforms, Inc., Class A                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     69097 | NS      | $50999804.73  | 6.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.                     | Spotify Technology S.A.                                    | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |     17076 | NS      | $13103097.84  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund                  | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  30392900 | NS      | $30392900.14  | 3.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari N.V.                                | Ferrari N.V.                                               | CUSIP: N3167Y103<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |      7526 | NS      | $3693309.24   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Microchip Technology Inc.                   | Microchip Technology Inc.                                  | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    113863 | NS      | $8012539.31   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc.                  | Palantir Technologies Inc., Class A                        | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     22789 | NS      | $3106596.48   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                     | Progressive Corp. (The)                                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     43339 | NS      | $11565445.54  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc.                       | Howmet Aerospace Inc.                                      | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     55553 | NS      | $10340079.89  | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Booking Holdings Inc.                       | Booking Holdings Inc.                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       912 | NS      | $5279786.88   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                  | Apple Inc.                                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    132561 | NS      | $27197540.37  | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc.                             | Mastercard Inc., Class A                                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     27649 | NS      | $15537079.06  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc.                                | Samsara Inc., Class A                                      | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102551 | NS      | $4079478.78   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Invesco Government & Agency Portfolio       | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   3302853 | NS      | $3302852.91   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                       | Ares Management Corp., Class A                             | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     23408 | NS      | $4054265.60   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Welltower Inc.                              | Welltower Inc.                                             | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     48434 | NS      | $7445758.82   | 0.91%             |  |  |  | No            |                  1 | On Loan: —       |
| CrowdStrike Holdings, Inc.                  | CrowdStrike Holdings, Inc., Class A                        | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      8439 | NS      | $4298067.09   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                              | AutoZone, Inc.                                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      1998 | NS      | $7417035.54   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund             | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  11739724 | NS      | $11739724.30  | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp.                             | Microsoft Corp.                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    145281 | NS      | $72264222.21  | 8.88%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                             | GE Vernova Inc.                                            | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     23014 | NS      | $12177858.10  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc.                       | Tradeweb Markets Inc., Class A                             | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21832 | NS      | $3196204.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                       | Axon Enterprise, Inc.                                      | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     13797 | NS      | $11423088.18  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd., ADR           | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     38470 | NS      | $8713070.30   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer