# EDGAR Filing Document

**Accession Number:** 0001382990
**File Stem:** 0001752724-23-043299
**Filing Date:** 2023-2
**Character Count:** 21478
**Document Hash:** a06c8b1ef6ce2c47cbdd2041c655e4d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043299.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043299

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALPS Variable Investment Trust
- **CENTRAL INDEX KEY:** 0001382990
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21987
- **FILM NUMBER:** 23674496

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 328
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201-0328
- **BUSINESS PHONE:** 303-623-2577

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 328
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201-0328

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Financial Investors Variable Insurance Trust
- **DATE OF NAME CHANGE:** 20061207

## Series and Classes Contracts Data

### ALPS/Red Rocks Global Opportunity Portfolio (Series ID: S000046802)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000146220 | Class I      |  |
| C000146221 | Class III    | AVPEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALPS VARIABLE INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-21987

- **c. CIK number of Registrant:** 0001382990

- **d. LEI of Registrant:** 549300SIMUVTFTPVKY68

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

  - **Street Address 1:** 1290 BROADWAY SUITE 1000

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80203

  - **Telephone number:** 3036232577

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

- **a. Name of Series:** ALPS | Red Rocks Global Opportunity Portfolio

- **b. EDGAR series identifier (if any):** S000046802

- **c. LEI of Series:** 5493005TVMZPQ6I2C522

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

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

- **b. Date as of which information is reported:** 2022-12-31

**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:** $22982680.97

**Total Liabilities:** $166953.96

**Net Assets:** $22815727.01

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146221 | 7.45%                | 8.86%                | -5.07%               |
| Class ID C000146220 | 7.55%                | 8.86%                | -5.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16923.10                | $1602544.41                                |
| Month 2  | $32671.58                | $2003288.35                                |
| Month 3  | $-214926.23              | $-1104805.32                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Intermediate Capital Group Plc                             | Intermediate Capital Group PLC                             | CUSIP: G4807D184<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |     42000 | NS      | $579904.50    | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                                      | Costco Wholesale Corp.                                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1200 | NS      | $547800.00    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Icg Enterprise Trust Plc                                   | ICG Enterprise Trust PLC                                   | CUSIP: G4065P101<br>LEI: 213800T2SY83WIJOJH13 | Long             | EC               | CORP              | GB        |     27818 | NS      | $397540.60    | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Ratos Ab                                                   | Ratos AB, B Shares                                         | CUSIP: W72177111<br>LEI: 2138008KECUUB9VR4798 | Long             | EC               | CORP              | SE        |     91000 | NS      | $362274.06    | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                               | Thermo Fisher Scientific, Inc.                             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1080 | NS      | $594745.20    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kkr Group Fin Co Ix Llc                                    | KKR Group Finance Co. IX LLC                               | CUSIP: 48253M104<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     13600 | NS      | $227800.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Harbourvest Global Private Equity Ltd                      | HarbourVest Global Private Equity, Ltd.                    | CUSIP: G43905127<br>LEI: 213800NBWV6WWV8TOL46 | Long             | EC               | CORP              | GB        |     41090 | NS      | $1110230.14   | 4.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Ares Management Corp                                       | Ares Management LP                                         | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     10800 | NS      | $739152.00    | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Owl Rock Capital Corp                                      | Owl Rock Capital Corp.                                     | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               | RF                | US        |     29500 | NS      | $340725.00    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesfarmers Ltd                                             | Wesfarmers, Ltd.                                           | CUSIP: Q95870103<br>LEI: 5493003L32ZX9557ST85 | Long             | EC               | CORP              | AU        |     12400 | NS      | $386723.15    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Pantheon International Plc/the Fund                        | Pantheon International PLC Fund                            | CUSIP: G6889N170<br>LEI: 2138001B3CE5S5PEE928 | Long             | EC               | CORP              | GB        |    139000 | NS      | $437752.71    | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordson Corp                                               | Nordson Corp.                                              | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      1640 | NS      | $389860.80    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Partners Group Holding Ag                                  | Partners Group Holding AG                                  | CUSIP: B119QG904<br>LEI: 549300I3IVVWZWDHI788 | Long             | EC               | CORP              | CH        |       810 | NS      | $717241.89    | 3.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kkr & Co Inc                                               | KKR & Co., Inc.                                            | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     17400 | NS      | $807708.00    | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversif Holding                                   | Compass Diversified Holdings                               | CUSIP: 20451Q302<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |      4200 | NS      | $96852.00     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                               | Apollo Global Management, Inc.                             | CUSIP: 03769M106<br>LEI: 54930054P2G7ZJB0KM79 | Long             | EC               | CORP              | US        |      5300 | NS      | $338087.00    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                                            | Brookfield Corp.                                           | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      7999 | NS      | $251648.54    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nb Private Equity Partners Ltd/fund                        | NB Private Equity Partners, Ltd.                           | CUSIP: G64033106<br>LEI: 213800UJH93NH8IOFQ77 | Long             | EC               | CORP              | GB        |     16500 | NS      | $317621.37    | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Chemed Corp                                                | Chemed Corp.                                               | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      1290 | NS      | $658454.70    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                             | Blackstone, Inc.                                           | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     10650 | NS      | $790123.50    | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Altamir                                                    | Altamir                                                    | CUSIP: F0261L168<br>LEI: 969500U4BPYFRAOQ3Z75 | Long             | EC               | CORP              | FR        |     15447 | NS      | $426607.65    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hgcapital Trust Plc/fund                                   | HgCapital Trust PLC                                        | CUSIP: G4441G106<br>LEI: 213800J7QUJJBEFSIN38 | Long             | EC               | CORP              | GB        |    213500 | NS      | $899923.82    | 3.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Peugeot Invest                                             | Peugeot Invest                                             | CUSIP: N/A<br>LEI: 969500Z8LOO0H8JY2E60       | Long             | EC               | CORP              | FR        |      1458 | NS      | $139011.40    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Cannae Holdings Inc                                        | Cannae Holdings, Inc.                                      | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |     18100 | NS      | $373765.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Hercules Capital Inc                                       | Hercules Capital, Inc.                                     | CUSIP: 427096508<br>LEI: 549300UJ5OC256GR2B73 | Long             | EC               | RF                | US        |     12700 | NS      | $167894.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/canada                          | Constellation Software, Inc.                               | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       295 | NS      | $460574.74    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                               | Danaher Corp.                                              | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1680 | NS      | $445905.60    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Apax Global Alpha Ltd                                      | Apax Global Alpha, Ltd.                                    | CUSIP: G04039106<br>LEI: 21380031LQE8CU8NU843 | Long             | EC               | CORP              | GB        |    110500 | NS      | $251682.87    | 1.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Accenture Plc                                              | Accenture PLC                                              | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      1500 | NS      | $400260.00    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Abrdn Private Equity Opportunities Trust Plc               | ABRDN PRIVATE EQUITY OPPORTUNITIES TRUST PLC               | CUSIP: G8425X100<br>LEI: 2138004MK7VPTZ99EV13 | Long             | EC               | CORP              | GB        |     78300 | NS      | $424150.08    | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Fs Kkr Capital Corp                                        | FS KKR Capital Corp.                                       | CUSIP: 302635206<br>LEI: 549300TYRSI1T21B1360 | Long             | EC               | RF                | US        |     46600 | NS      | $815500.00    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Investor Ab                                                | Investor AB, B Shares                                      | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |     29200 | NS      | $528547.96    | 2.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Inc                                     | Berkshire Hathaway, Inc.                                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2940 | NS      | $908166.00    | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Svb Financial Group                                        | SVB Financial Group                                        | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Long             | EC               | CORP              | US        |       650 | NS      | $149591.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/the                                      | Carlyle Group, Inc.                                        | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     13100 | NS      | $390904.00    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Secured Lending Inc                                | Carlyle Secured Lending, Inc.                              | CUSIP: 872280102<br>LEI: 5493003POT0JT6WD1D83 | Long             | EC               | RF                | US        |     22100 | NS      | $316251.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group Plc                                               | 3i Group PLC                                               | CUSIP: G88473148<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |     49500 | NS      | $798307.43    | 3.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Clairvest Group Inc                                        | Clairvest Group, Inc.                                      | CUSIP: 17965L100<br>LEI: 549300KMHNPWY6PVZ475 | Long             | EC               | CORP              | CA        |      5100 | NS      | $271384.79    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional Treasury Plus Money Market Fund | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |    302090 | NS      | $302090.20    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                             | Mastercard, Inc.                                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1280 | NS      | $445094.40    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                        | Forward Contracts: GBP 01/31/2023                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-483955.00   | -2.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Stepstone Group Inc                                        | StepStone Group, Inc.                                      | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8700 | NS      | $219066.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Mutares Se & Co Kgaa                                       | Mutares SE & Co. KGaA                                      | CUSIP: D5624A108<br>LEI: 391200NWMO6NLQFSCU64 | Long             | EC               | CORP              | DE        |     12700 | NS      | $243866.69    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hbm Healthcare Investments Ag                              | HBM Healthcare Investments AG                              | CUSIP: H3553X112<br>LEI: 549300IFDFSDRT4D3076 | Long             | EC               | CORP              | CH        |      1710 | NS      | $371956.82    | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Diversif Holding                                   | Compass Diversified Holdings                               | CUSIP: 20451Q401<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |     20800 | NS      | $474656.00    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp                                          | Ares Capital Corp.                                         | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | RF                | US        |     26500 | NS      | $489455.00    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Brederode Sa                                               | Brederode SA                                               | CUSIP: L1236K106<br>LEI: 222100RV64ZZO8RUZB21 | Long             | EC               | CORP              | LU        |      9140 | NS      | $1063692.50   | 4.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Oakley Capital Investments Ltd                             | Oakley Capital Investments, Ltd.                           | CUSIP: G67013105<br>LEI: 213800KW6MZUK12CQ815 | Long             | EC               | CORP              | GB        |    137000 | NS      | $694805.12    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** ALPS VARIABLE INVESTMENT TRUST

**Signature:** Erich Rettinger

**Name of Signer:** Erich Rettinger

**Title:** Treasurer