# EDGAR Filing Document

**Accession Number:** 0000914036
**File Stem:** 0001410368-25-027761
**Filing Date:** 2025-11
**Character Count:** 98105
**Document Hash:** 643a60499d2c905c1b46ac83b78b7681
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-027761.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001410368-25-027761

**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:** 251504951

**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 BlackRock Dividend Value Managed Volatility Fund (Series ID: S000002815)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000007726 | Standard Class |  |
| C000007727 | Service Class  |  |

## Nport-Ex

**LVIP BlackRock Dividend Value 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>|
| **COMMON STOCK–93.22%** | **COMMON STOCK–93.22%** | **COMMON STOCK–93.22%** |
| **Aerospace & Defense–3.31%** | **Aerospace & Defense–3.31%** | **Aerospace & Defense–3.31%** |
| Airbus SE | 38961 | $9029508 |
| †Boeing Co. | 33458 | 7221240 |
| L3Harris Technologies, Inc. | 51888 | 15847114 |
| Lockheed Martin Corp. | 56656 | 28283242 |
| RTX Corp. | 44089 | 7377412 |
|  |  | **67758516** |
| **Air Freight & Logistics–0.56%** | **Air Freight & Logistics–0.56%** | **Air Freight & Logistics–0.56%** |
| &nbsp;&nbsp; United Parcel Service, Inc. <br> Class B<br>| 138463 | 11565814 |
|  |  | **11565814** |
| **Automobile Components–0.16%** | **Automobile Components–0.16%** | **Automobile Components–0.16%** |
| Autoliv, Inc. | 13403 | 1655271 |
| Lear Corp. | 16686 | 1678778 |
|  |  | **3334049** |
| **Automobiles–1.06%** | **Automobiles–1.06%** | **Automobiles–1.06%** |
| Ford Motor Co. | 734853 | 8788842 |
| General Motors Co. | 213353 | 13008132 |
|  |  | **21796974** |
| **Banks–9.57%** | **Banks–9.57%** | **Banks–9.57%** |
| 1st Source Corp. | 3561 | 219215 |
| Bank of America Corp. | 344265 | 17760631 |
| Bank OZK | 20043 | 1021792 |
| Banner Corp. | 6674 | 437147 |
| Cathay General Bancorp | 13118 | 629795 |
| &nbsp;&nbsp; Central Pacific Financial <br> Corp.<br>| 4242 | 128702 |
| Citigroup, Inc. | 522045 | 52987568 |
| City Holding Co. | 2751 | 340766 |
| &nbsp;&nbsp; Columbia Banking System, <br> Inc.<br>| 57350 | 1476189 |
| Comerica, Inc. | 24360 | 1669147 |
| CVB Financial Corp. | 24875 | 470386 |
| East West Bancorp, Inc. | 26193 | 2788245 |
| Fifth Third Bancorp | 125572 | 5594233 |
| &nbsp;&nbsp; First Citizens BancShares, <br> Inc. Class A<br>| 19386 | 34684656 |
| &nbsp;&nbsp; First Commonwealth <br> Financial Corp.<br>| 20692 | 352799 |
| First Financial Corp. | 2458 | 138730 |
| &nbsp;&nbsp; German American Bancorp, <br> Inc.<br>| 7697 | 302261 |
| &nbsp;&nbsp; International Bancshares <br> Corp.<br>| 10228 | 703175 |
| JPMorgan Chase & Co. | 58495 | 18451078 |
| Lakeland Financial Corp. | 5261 | 337756 |
| Northwest Bancshares, Inc. | 27288 | 338098 |
| OFG Bancorp | 8586 | 373405 |
| Regions Financial Corp. | 168934 | 4454790 |
| S&T Bancorp, Inc. | 7144 | 268543 |
| Wells Fargo & Co. | 595698 | 49931406 |
|  |  | **195860513** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Beverages–2.08%** | **Beverages–2.08%** | **Beverages–2.08%** |
| Coca-Cola Co. | 271028 | $17974577 |
| Keurig Dr. Pepper, Inc. | 271510 | 6926220 |
| PepsiCo, Inc. | 125889 | 17679851 |
|  |  | **42580648** |
| **Biotechnology–1.91%** | **Biotechnology–1.91%** | **Biotechnology–1.91%** |
| AbbVie, Inc. | 88307 | 20446603 |
| Amgen, Inc. | 65920 | 18602624 |
|  |  | **39049227** |
| **Broadline Retail–1.86%** | **Broadline Retail–1.86%** | **Broadline Retail–1.86%** |
| †Amazon.com, Inc. | 173121 | 38012178 |
|  |  | **38012178** |
| **Building Products–0.38%** | **Building Products–0.38%** | **Building Products–0.38%** |
| &nbsp;&nbsp; Fortune Brands Innovations, <br> Inc.<br>| 145299 | 7757514 |
|  |  | **7757514** |
| **Capital Markets–3.10%** | **Capital Markets–3.10%** | **Capital Markets–3.10%** |
| &nbsp;&nbsp; Artisan Partners Asset <br> Management, Inc. Class A<br>| 14560 | 631904 |
| Carlyle Group, Inc. | 217362 | 13628597 |
| Charles Schwab Corp. | 125483 | 11979862 |
| Cohen & Steers, Inc. | 6005 | 393988 |
| Federated Hermes, Inc. | 14734 | 765137 |
| &nbsp;&nbsp; Intercontinental Exchange, <br> Inc.<br>| 177387 | 29886162 |
| Janus Henderson Group PLC | 24752 | 1101712 |
| Moelis & Co. Class A | 7310 | 521349 |
| T. Rowe Price Group, Inc. | 41821 | 4292507 |
| &nbsp;&nbsp; Virtus Investment Partners, <br> Inc.<br>| 1432 | 272123 |
|  |  | **63473341** |
| **Chemicals–1.94%** | **Chemicals–1.94%** | **Chemicals–1.94%** |
| &nbsp;&nbsp; Air Products & Chemicals, <br> Inc.<br>| 40512 | 11048433 |
| CF Industries Holdings, Inc. | 30499 | 2735760 |
| FMC Corp. | 23554 | 792121 |
| Huntsman Corp. | 30120 | 270478 |
| &nbsp;&nbsp; LyondellBasell Industries NV <br> Class A<br>| 183590 | 9003253 |
| PPG Industries, Inc. | 150109 | 15777957 |
|  |  | **39628002** |
| **Commercial Services & Supplies–0.83%** | **Commercial Services & Supplies–0.83%** | **Commercial Services & Supplies–0.83%** |
| Ennis, Inc. | 4193 | 76648 |
| Rentokil Initial PLC | 3358523 | 16974419 |
|  |  | **17051067** |
| **Communications Equipment–1.63%** | **Communications Equipment–1.63%** | **Communications Equipment–1.63%** |
| Cisco Systems, Inc. | 487982 | 33387729 |
|  |  | **33387729** |

---

*LVIP BlackRock Dividend Value Managed Volatility Fund–1*

------

**LVIP BlackRock Dividend Value Managed Volatility Fund**

**Schedule of Investments (continued)**

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Consumer Staples Distribution & Retail–1.77%** | **Consumer Staples Distribution & Retail–1.77%** | **Consumer Staples Distribution & Retail–1.77%** |
| Dollar General Corp. | 221733 | $22916105 |
| Sysco Corp. | 67509 | 5558691 |
| Target Corp. | 85448 | 7664686 |
|  |  | **36139482** |
| **Containers & Packaging–1.54%** | **Containers & Packaging–1.54%** | **Containers & Packaging–1.54%** |
| Amcor PLC | 435072 | 3558889 |
| Crown Holdings, Inc. | 91282 | 8816929 |
| Packaging Corp. of America | 16839 | 3669723 |
| Sealed Air Corp. | 437100 | 15451485 |
|  |  | **31497026** |
| **Diversified Telecommunication Services–1.60%** | **Diversified Telecommunication Services–1.60%** | **Diversified Telecommunication Services–1.60%** |
| &nbsp;&nbsp; Verizon Communications, <br> Inc.<br>| 747367 | 32846780 |
|  |  | **32846780** |
| **Electric Utilities–2.21%** | **Electric Utilities–2.21%** | **Electric Utilities–2.21%** |
| &nbsp;&nbsp; American Electric Power Co., <br> Inc.<br>| 62556 | 7037550 |
| Edison International | 114477 | 6328289 |
| Evergy, Inc. | 127190 | 9668984 |
| Exelon Corp. | 357623 | 16096611 |
| PG&E Corp. | 402229 | 6065613 |
|  |  | **45197047** |
| **Electronic Equipment, Instruments & Components–0.62%** | **Electronic Equipment, Instruments & Components–0.62%** | **Electronic Equipment, Instruments & Components–0.62%** |
| CDW Corp. | 68314 | 10881054 |
| Ralliant Corp. | 43488 | 1901730 |
|  |  | **12782784** |
| **Energy Equipment & Services–0.66%** | **Energy Equipment & Services–0.66%** | **Energy Equipment & Services–0.66%** |
| Halliburton Co. | 160541 | 3949308 |
| Schlumberger NV | 280353 | 9635733 |
|  |  | **13585041** |
| **Entertainment–1.44%** | **Entertainment–1.44%** | **Entertainment–1.44%** |
| Electronic Arts, Inc. | 104214 | 21019964 |
| Walt Disney Co. | 73120 | 8372240 |
|  |  | **29392204** |
| **Financial Services–1.58%** | **Financial Services–1.58%** | **Financial Services–1.58%** |
| &nbsp;&nbsp; Fidelity National Information <br> Services, Inc.<br>| 471045 | 31060707 |
| Radian Group, Inc. | 25714 | 931361 |
| Western Union Co. | 50224 | 401290 |
|  |  | **32393358** |
| **Food Products–2.47%** | **Food Products–2.47%** | **Food Products–2.47%** |
| Archer-Daniels-Midland Co. | 90250 | 5391535 |
| Campbell's Co. | 243238 | 7681456 |
| Flowers Foods, Inc. | 36256 | 473141 |
| General Mills, Inc. | 100578 | 5071143 |
| Hershey Co. | 27868 | 5212709 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Food Products (continued)** | **Food Products (continued)** | **Food Products (continued)** |
| Kraft Heinz Co. | 636051 | $16562768 |
| Lamb Weston Holdings, Inc. | 173520 | 10078042 |
|  |  | **50470794** |
| **Ground Transportation–0.53%** | **Ground Transportation–0.53%** | **Ground Transportation–0.53%** |
| CSX Corp. | 155333 | 5515875 |
| Union Pacific Corp. | 22664 | 5357090 |
|  |  | **10872965** |
| **Health Care Equipment & Supplies–4.50%** | **Health Care Equipment & Supplies–4.50%** | **Health Care Equipment & Supplies–4.50%** |
| Baxter International, Inc. | 1346071 | 30650037 |
| Becton Dickinson & Co. | 162862 | 30482880 |
| Medtronic PLC | 325132 | 30965572 |
|  |  | **92098489** |
| **Health Care Providers & Services–4.67%** | **Health Care Providers & Services–4.67%** | **Health Care Providers & Services–4.67%** |
| Cardinal Health, Inc. | 212994 | 33431538 |
| CVS Health Corp. | 467741 | 35262994 |
| Elevance Health, Inc. | 57209 | 18485372 |
| Labcorp Holdings, Inc. | 28942 | 8308091 |
|  |  | **95487995** |
| **Health Care REITs–0.40%** | **Health Care REITs–0.40%** | **Health Care REITs–0.40%** |
| Healthcare Realty Trust, Inc. | 459779 | 8289815 |
|  |  | **8289815** |
| **Hotels, Restaurants & Leisure–0.27%** | **Hotels, Restaurants & Leisure–0.27%** | **Hotels, Restaurants & Leisure–0.27%** |
| Darden Restaurants, Inc. | 22052 | 4197819 |
| Vail Resorts, Inc. | 6942 | 1038315 |
| Wendy's Co. | 29225 | 267701 |
|  |  | **5503835** |
| **Household Durables–0.05%** | **Household Durables–0.05%** | **Household Durables–0.05%** |
| Ethan Allen Interiors, Inc. | 4365 | 128593 |
| Whirlpool Corp. | 10442 | 820741 |
|  |  | **949334** |
| **Household Products–0.38%** | **Household Products–0.38%** | **Household Products–0.38%** |
| Kimberly-Clark Corp. | 62305 | 7747004 |
|  |  | **7747004** |
| **Independent Power and Renewable Electricity Producers–0.01%** | **Independent Power and Renewable Electricity Producers–0.01%** | **Independent Power and Renewable Electricity Producers–0.01%** |
| Clearway Energy, Inc. Class A | 6583 | 177280 |
|  |  | **177280** |
| **Industrial Conglomerates–0.48%** | **Industrial Conglomerates–0.48%** | **Industrial Conglomerates–0.48%** |
| Honeywell International, Inc. | 46638 | 9817299 |
|  |  | **9817299** |
| **Industrial REITs–0.81%** | **Industrial REITs–0.81%** | **Industrial REITs–0.81%** |
| &nbsp;&nbsp; Rexford Industrial Realty, <br> Inc.<br>| 247752 | 10185085 |
| STAG Industrial, Inc. | 183724 | 6483620 |
|  |  | **16668705** |

---

*LVIP BlackRock Dividend Value Managed Volatility Fund–2*

------

**LVIP BlackRock Dividend Value Managed Volatility Fund**

**Schedule of Investments (continued)**

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Insurance–3.20%** | **Insurance–3.20%** | **Insurance–3.20%** |
| &nbsp;&nbsp; American Financial Group, <br> Inc.<br>| 13005 | $1895088 |
| &nbsp;&nbsp; American International <br> Group, Inc.<br>| 139218 | 10934182 |
| AMERISAFE, Inc. | 3542 | 155281 |
| Cincinnati Financial Corp. | 29571 | 4675175 |
| CNA Financial Corp. | 3419 | 158847 |
| &nbsp;&nbsp; Fidelity National Financial, <br> Inc.<br>| 312881 | 18926172 |
| Unum Group | 29474 | 2292488 |
| Willis Towers Watson PLC | 76759 | 26516396 |
|  |  | **65553629** |
| **Interactive Media & Services–1.68%** | **Interactive Media & Services–1.68%** | **Interactive Media & Services–1.68%** |
| Alphabet, Inc. Class C | 79413 | 19341036 |
| Meta Platforms, Inc. Class A | 20366 | 14956383 |
|  |  | **34297419** |
| **IT Services–0.60%** | **IT Services–0.60%** | **IT Services–0.60%** |
| &nbsp;&nbsp; Cognizant Technology <br> Solutions Corp. Class A<br>| 183990 | 12340209 |
|  |  | **12340209** |
| **Leisure Products–0.78%** | **Leisure Products–0.78%** | **Leisure Products–0.78%** |
| Hasbro, Inc. | 211178 | 16017851 |
|  |  | **16017851** |
| **Machinery–0.76%** | **Machinery–0.76%** | **Machinery–0.76%** |
| CNH Industrial NV | 534846 | 5803079 |
| Fortive Corp. | 130464 | 6391432 |
| Snap-on, Inc. | 9859 | 3416439 |
|  |  | **15610950** |
| **Media–1.66%** | **Media–1.66%** | **Media–1.66%** |
| Comcast Corp. Class A | 676100 | 21243062 |
| &nbsp;&nbsp; Interpublic Group of Cos., <br> Inc.<br>| 69061 | 1927492 |
| Nexstar Media Group, Inc. | 5401 | 1067994 |
| WPP PLC | 1958677 | 9688675 |
|  |  | **33927223** |
| **Metals & Mining–1.27%** | **Metals & Mining–1.27%** | **Metals & Mining–1.27%** |
| Barrick Mining Corp. | 287203 | 9411643 |
| Teck Resources Ltd. Class B | 376443 | 16522083 |
|  |  | **25933726** |
| **Multi-Utilities–1.28%** | **Multi-Utilities–1.28%** | **Multi-Utilities–1.28%** |
| Dominion Energy, Inc. | 296724 | 18150607 |
| Sempra | 90057 | 8103329 |
|  |  | **26253936** |
| **Oil, Gas & Consumable Fuels–7.69%** | **Oil, Gas & Consumable Fuels–7.69%** | **Oil, Gas & Consumable Fuels–7.69%** |
| APA Corp. | 67401 | 1636496 |
| BP PLC | 6123698 | 35063741 |
| Chevron Corp. | 118296 | 18370186 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
| ConocoPhillips | 197585 | $18689565 |
| Coterra Energy, Inc. | 143507 | 3393941 |
| &nbsp;&nbsp; Enterprise Products <br> Partners LP<br>| 582600 | 18217902 |
| EOG Resources, Inc. | 102583 | 11501606 |
| HF Sinclair Corp. | 30232 | 1582343 |
| Murphy Oil Corp. | 25420 | 722182 |
| ONEOK, Inc. | 118761 | 8665990 |
| Ovintiv, Inc. | 48219 | 1947083 |
| Shell PLC | 779170 | 27732814 |
| Valero Energy Corp. | 58437 | 9949484 |
|  |  | **157473333** |
| **Personal Care Products–0.02%** | **Personal Care Products–0.02%** | **Personal Care Products–0.02%** |
| Interparfums, Inc. | 3486 | 342953 |
|  |  | **342953** |
| **Pharmaceuticals–3.54%** | **Pharmaceuticals–3.54%** | **Pharmaceuticals–3.54%** |
| AstraZeneca PLC | 65120 | 9793179 |
| Bristol-Myers Squibb Co. | 556401 | 25093685 |
| Merck & Co., Inc. | 222302 | 18657807 |
| Pfizer, Inc. | 148436 | 3782149 |
| Sanofi SA | 163517 | 15079813 |
|  |  | **72406633** |
| **Professional Services–3.23%** | **Professional Services–3.23%** | **Professional Services–3.23%** |
| Insperity, Inc. | 6891 | 339037 |
| Kforce, Inc. | 3159 | 94707 |
| Leidos Holdings, Inc. | 78879 | 14904976 |
| Paychex, Inc. | 61381 | 7780656 |
| Robert Half, Inc. | 19134 | 650173 |
| &nbsp;&nbsp; SS&C Technologies Holdings, <br> Inc.<br>| 477579 | 42389912 |
|  |  | **66159461** |
| **Residential REITs–0.54%** | **Residential REITs–0.54%** | **Residential REITs–0.54%** |
| AvalonBay Communities, Inc. | 57639 | 11134126 |
|  |  | **11134126** |
| **Semiconductors & Semiconductor Equipment–2.25%** | **Semiconductors & Semiconductor Equipment–2.25%** | **Semiconductors & Semiconductor Equipment–2.25%** |
| NVIDIA Corp. | 35715 | 6663704 |
| Skyworks Solutions, Inc. | 28056 | 2159751 |
| STMicroelectronics NV | 259638 | 7270152 |
| &nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co. Ltd. <br> ADR<br>| 44528 | 12436225 |
| Texas Instruments, Inc. | 95615 | 17567344 |
|  |  | **46097176** |
| **Software–1.44%** | **Software–1.44%** | **Software–1.44%** |
| Microsoft Corp. | 56918 | 29480678 |
|  |  | **29480678** |

---

*LVIP BlackRock Dividend Value Managed Volatility Fund–3*

------

**LVIP BlackRock Dividend Value Managed Volatility Fund**

**Schedule of Investments (continued)**

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Specialized REITs–0.66%** | **Specialized REITs–0.66%** | **Specialized REITs–0.66%** |
| Crown Castle, Inc. | 139724 | $13481969 |
|  |  | **13481969** |
| **Specialty Retail–1.10%** | **Specialty Retail–1.10%** | **Specialty Retail–1.10%** |
| Best Buy Co., Inc. | 37016 | 2799150 |
| Buckle, Inc. | 5796 | 339993 |
| Home Depot, Inc. | 45882 | 18590928 |
| Signet Jewelers Ltd. | 7820 | 750094 |
|  |  | **22480165** |
| **Technology Hardware, Storage & Peripherals–4.32%** | **Technology Hardware, Storage & Peripherals–4.32%** | **Technology Hardware, Storage & Peripherals–4.32%** |
| &nbsp;&nbsp; Hewlett Packard Enterprise <br> Co.<br>| 675974 | 16601921 |
| HP, Inc. | 753615 | 20520937 |
| &nbsp;&nbsp; Samsung Electronics Co. Ltd. <br> GDR<br>| 23757 | 35492958 |
| Western Digital Corp. | 131736 | 15816224 |
|  |  | **88432040** |
| **Textiles, Apparel & Luxury Goods–0.02%** | **Textiles, Apparel & Luxury Goods–0.02%** | **Textiles, Apparel & Luxury Goods–0.02%** |
| Carter's, Inc. | 7019 | 198076 |
| Oxford Industries, Inc. | 2756 | 111728 |
|  |  | **309804** |
| **Tobacco–1.61%** | **Tobacco–1.61%** | **Tobacco–1.61%** |
| Altria Group, Inc. | 280652 | 18539871 |
| &nbsp;&nbsp; British American Tobacco <br> PLC ADR<br>| 270491 | 14357662 |
|  |  | **32897533** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Trading Companies & Distributors–1.19%** | **Trading Companies & Distributors–1.19%** | **Trading Companies & Distributors–1.19%** |
| Fastenal Co. | 216014 | $10593326 |
| &nbsp;&nbsp; MSC Industrial Direct Co., <br> Inc. Class A<br>| 8733 | 804659 |
| Watsco, Inc. | 6589 | 2663933 |
| WESCO International, Inc. | 48215 | 10197472 |
|  |  | **24259390** |
| **Total Common Stock** <br>**(Cost $1,560,559,700)** | **Total Common Stock** <br>**(Cost $1,560,559,700)** | **1908063013** |
| **PREFERRED STOCK–0.74%** | **PREFERRED STOCK–0.74%** | **PREFERRED STOCK–0.74%** |
| Henkel AG & Co. KGaA 2.97% | 187820 | 15149050 |
| **Total Preferred Stock** <br>**(Cost $15,325,987)** | **Total Preferred Stock** <br>**(Cost $15,325,987)** | **15149050** |

---

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

---

| | | |
|:---|:---|:---|
| **MONEY MARKET FUND–5.37%** | **MONEY MARKET FUND–5.37%** | **MONEY MARKET FUND–5.37%** |
| &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund - Premier Class <br> (seven-day effective yield <br> 4.09%)<br>| 109895326 | 109895326 |
| **Total Money Market Fund** <br>**(Cost $109,895,326)** | **Total Money Market Fund** <br>**(Cost $109,895,326)** | **109895326** |

---

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

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

---

| | |
|:---|:---|
| **TOTAL INVESTMENTS–99.33% (Cost $1,685,781,013)** | **2033107389** |
| **RECEIVABLES AND OTHER ASSETS NET OF LIABILITIES–0.67%** | **13729722** |
| **NET ASSETS APPLICABLE TO 95,072,526 SHARES OUTSTANDING–100.00%** | **$2046837111** |

---

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

------

†Non-income producing.<br>

*LVIP BlackRock Dividend Value Managed Volatility Fund–4*

------

**LVIP BlackRock Dividend Value Managed Volatility Fund**

**Schedule of Investments (continued)**

&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:** |
| 17 | CME British Pound Currency Futures | &nbsp;&nbsp; $1429169 | &nbsp;&nbsp; $1439414 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(10245)<br>|
| 16 | CME Euro Foreign Exchange Currency Futures | &nbsp;&nbsp; 2358400 | &nbsp;&nbsp; 2355322 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; 3078 | &nbsp;&nbsp; — |
| 20 | CME Japanese Yen Currency Futures | &nbsp;&nbsp; 1703500 | &nbsp;&nbsp; 1713053 | &nbsp;&nbsp; 12/15/25 | &nbsp;&nbsp; — | &nbsp;&nbsp; (9553)<br>|
|  |  |  |  |  | &nbsp;&nbsp; 3078 | &nbsp;&nbsp; (19798)<br>|
| **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** | **Equity Contracts:** |
| 4 | CME E-mini Consumer Staples Select Sector Futures | &nbsp;&nbsp; 318880 | &nbsp;&nbsp; 318227 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 653 | &nbsp;&nbsp; — |
| 18 | CME E-mini Russell 1000 Value Index Futures | &nbsp;&nbsp; 1815480 | &nbsp;&nbsp; 1803998 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 11482 | &nbsp;&nbsp; — |
| 4 | CME E-mini S&P 500 Index Futures | &nbsp;&nbsp; 1347750 | &nbsp;&nbsp; 1318852 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 28898 | &nbsp;&nbsp; — |
| 107 | CME E-mini S&P MidCap 400 Index Futures | &nbsp;&nbsp; 35162340 | &nbsp;&nbsp; 35158785 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 3555 | &nbsp;&nbsp; — |
| 37 | Eurex EURO STOXX 50 Futures | &nbsp;&nbsp; 2407003 | &nbsp;&nbsp; 2338531 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 68472 | &nbsp;&nbsp; — |
| 12 | FTSE 100 Index Futures | &nbsp;&nbsp; 1518257 | &nbsp;&nbsp; 1504759 | &nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp; 13498 | &nbsp;&nbsp; — |
| 6 | OSE Nikkei 225 Index Futures | &nbsp;&nbsp; 1825337 | &nbsp;&nbsp; 1754334 | &nbsp;&nbsp; 12/11/25 | &nbsp;&nbsp; 71003 | &nbsp;&nbsp; — |
|  |  |  |  |  | &nbsp;&nbsp; 197561 | &nbsp;&nbsp; — |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | &nbsp;&nbsp; $200639 | &nbsp;&nbsp; $(19798)<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:** |
| ADR–American Depositary Receipt |
| CME–Chicago Mercantile Exchange |
| FTSE–Financial Times Stock Exchange |
| GDR–Global Depository Receipt |
| IT–Information Technology |
| OSE–Osaka Securities Exchange |
| REIT–Real Estate Investment Trust |
| S&P–Standard & Poor's |

---

*LVIP BlackRock Dividend Value Managed Volatility Fund–5*

------

## 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 BlackRock Dividend Value Managed Volatility Fund

- **b. EDGAR series identifier (if any):** S000002815

- **c. LEI of Series:** 4BSVNHDU3TH4F58UXE44

**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:** $2344294919.01

**Total Liabilities:** $296337395.94

**Net Assets:** $2047957523.07

**Cash Not Reported:** $4359899.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007727 | 0.27%                | 3.86%                | 0.42%                |
| Class ID C000007726 | 0.29%                | 3.89%                | 0.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9884218.79              | $-7611334.42                               |
| Month 2  | $-2395485.40             | $88618769.29                               |
| Month 3  | $16168740.94             | $-12466260.98                              |

**Designated Index Information**

- **Index Name:** Russell 1000 Value Index

- **Index Identifier:** RU10VATR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WESCO International Inc                                    | WESCO International Inc                                    | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     48343 | NS      | $10224544.50  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                                | Honeywell International Inc                                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     47034 | NS      | $9900657.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                                   | FMC Corp                                                   | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     23554 | NS      | $792121.02    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                                    | Nexstar Media Group Inc                                    | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      5401 | NS      | $1067993.74   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC                               | British American Tobacco PLC                               | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    272789 | NS      | $14479640.12  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                          | Cisco Systems Inc                                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    489777 | NS      | $33510542.34  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                                        | Clearway Energy Inc                                        | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      6583 | NS      | $177280.19    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                                   | Bank OZK                                                   | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     20043 | NS      | $1021792.14   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                                  | L3Harris Technologies Inc                                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     52328 | NS      | $15981494.48  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                                           | Interparfums Inc                                           | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3486 | NS      | $342952.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                                  | United Parcel Service Inc                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    138463 | NS      | $11565814.39  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                                        | Dollar General Corp                                        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    222133 | NS      | $22957445.55  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial Inc                            | Fidelity National Financial Inc                            | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    315130 | NS      | $19062213.70  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc                             | American Electric Power Co Inc                             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     63088 | NS      | $7097400.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                                          | General Motors Co                                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    215166 | NS      | $13118671.02  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                                                 | Kforce Inc                                                 | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |      3159 | NS      | $94706.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp                                       | Western Digital Corp                                       | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    132855 | NS      | $15950571.30  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Inc                                               | Comerica Inc                                               | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |     24360 | NS      | $1669147.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                        | Dominion Energy Inc                                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    299217 | NS      | $18303103.89  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                         | Union Pacific Corp                                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     22727 | NS      | $5371980.99   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corp                              | International Bancshares Corp                              | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     10228 | NS      | $703175.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                                     | BP PLC                                                     | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |   6144254 | NS      | $35181442.28  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                                              | AMERISAFE Inc                                              | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |      3542 | NS      | $155281.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                                         | Valero Energy Corp                                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     58437 | NS      | $9949483.62   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | S+P500 EMINI FUT DEC25                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         4 | NC      | $28898.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                           | Wells Fargo & Co                                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    598964 | NS      | $50205162.48  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                                          | General Mills Inc                                          | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |    100578 | NS      | $5071142.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                                | Paychex Inc                                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     61381 | NS      | $7780655.56   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennis Inc                                                  | Ennis Inc                                                  | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4193 | NS      | $76648.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                                            | Schlumberger NV                                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    280353 | NS      | $9635732.61   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                                 | AbbVie Inc                                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     88307 | NS      | $20446602.78  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                                | OFG Bancorp                                                | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |      8586 | NS      | $373405.14    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                             | Air Products and Chemicals Inc                             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     40856 | NS      | $11142248.32  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc                      | Artisan Partners Asset Management Inc                      | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |     14560 | NS      | $631904.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp                        | Cognizant Technology Solutions Corp                        | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    186073 | NS      | $12479916.11  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc                                | Columbia Banking System Inc                                | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57350 | NS      | $1476189.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The                                       | Western Union Co/The                                       | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |     50224 | NS      | $401289.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                          | EOG Resources Inc                                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    102583 | NS      | $11501605.96  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                                  | Airbus SE                                                  | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |     39292 | NS      | $9106219.65   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                                  | Shell PLC                                                  | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    784358 | NS      | $27917469.53  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CNA Financial Corp                                         | CNA Financial Corp                                         | CUSIP: 126117100<br>LEI: 549300YX2GSZD7YG1R84 | Long             | EC               | CORP              | US        |      3419 | NS      | $158846.74    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                                                | Snap-on Inc                                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      9859 | NS      | $3416439.27   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                              | Citigroup Inc                                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    522045 | NS      | $52987567.50  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                                  | Amcor PLC                                                  | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |    435072 | NS      | $3558888.96   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Inc                                         | Cohen & Steers Inc                                         | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |      6005 | NS      | $393988.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                               | Comcast Corp                                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    677018 | NS      | $21271905.56  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                                         | PPG Industries Inc                                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    151384 | NS      | $15911972.24  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle Inc/The                                             | Buckle Inc/The                                             | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |      5796 | NS      | $339993.36    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                                                | Exelon Corp                                                | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    360662 | NS      | $16233396.62  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                                                  | Lear Corp                                                  | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     20084 | NS      | $2020651.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                              | Medtronic PLC                                              | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    326270 | NS      | $31073954.80  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts Inc                                           | Vail Resorts Inc                                           | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      6942 | NS      | $1038314.94   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                                         | Coterra Energy Inc                                         | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    143507 | NS      | $3393940.55   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                                | PepsiCo Inc                                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    125889 | NS      | $17679851.16  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                                      | Texas Instruments Inc                                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     95615 | NS      | $17567343.95  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp                          | First Commonwealth Financial Corp                          | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |     20692 | NS      | $352798.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                                          | CNH Industrial NV                                          | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    543532 | NS      | $5897322.20   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co KGaA                                        | Henkel AG & Co KGaA                                        | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EP               | CORP              | DE        |    189415 | NS      | $15277698.79  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co                              | Hewlett Packard Enterprise Co                              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    681717 | NS      | $16742969.52  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                                         | Crown Holdings Inc                                         | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     91520 | NS      | $8839916.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                                      | Carlyle Group Inc/The                                      | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |    217936 | NS      | $13664587.20  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                                      | Oxford Industries Inc                                      | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |      2756 | NS      | $111728.24    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co                                  | Archer-Daniels-Midland Co                                  | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     90250 | NS      | $5391535.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                                        | Elevance Health Inc                                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     57209 | NS      | $18485372.08  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                                        | Leidos Holdings Inc                                        | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     79549 | NS      | $15031579.04  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| WPP PLC                                                    | WPP PLC                                                    | CUSIP: 000000000<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | JE        |   1975318 | NS      | $9770989.98   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                       | Edison International                                       | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    116335 | NS      | $6430998.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | JPN YEN CURR FUT DEC25                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |        20 | NC      | $-9552.80     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                                       | Lockheed Martin Corp                                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     56809 | NS      | $28359620.89  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                                 | Hasbro Inc                                                 | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |    212972 | NS      | $16153926.20  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                                | CDW Corp/DE                                                | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     68810 | NS      | $10960056.80  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                                            | Sealed Air Corp                                            | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    440984 | NS      | $15588784.40  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                             | Microsoft Corp                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     57103 | NS      | $29576498.85  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                              | Insperity Inc                                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      6891 | NS      | $339037.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                                      | Becton Dickinson & Co                                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    162862 | NS      | $30482880.54  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics NV                                      | STMicroelectronics NV                                      | CUSIP: 000000000<br>LEI: 213800Z8NOHIKRI42W10 | Long             | EC               | CORP              | NL        |    261843 | NS      | $7331894.20   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                                  | Packaging Corp of America                                  | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     16839 | NS      | $3669723.27   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                              | Intercontinental Exchange Inc                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    178128 | NS      | $30011005.44  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                                   | Willis Towers Watson PLC                                   | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     76964 | NS      | $26587213.80  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                | NVIDIA Corp                                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     36294 | NS      | $6771734.52   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                            | Best Buy Co Inc                                            | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     37016 | NS      | $2799149.92   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                               | Chevron Corp                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118296 | NS      | $18370185.84  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Wendy's Co/The                                             | Wendy's Co/The                                             | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |     29225 | NS      | $267701.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp                                    | Lakeland Financial Corp                                    | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5261 | NS      | $337756.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                               | Alphabet Inc                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     79620 | NS      | $19391451.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                                     | Sempra                                                     | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     90627 | NS      | $8154617.46   | 0.40%             |  |  |  | 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        | 109895326 | NS      | $109895326.23 | 5.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                            | CVS Health Corp                                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    469691 | NS      | $35410004.49  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                           | Crown Castle Inc                                           | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |    140093 | NS      | $13517573.57  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                                         | Walt Disney Co/The                                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     73741 | NS      | $8443344.50   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                                | Target Corp                                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     85448 | NS      | $7664685.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                                        | Signet Jewelers Ltd                                        | CUSIP: 000000000<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |      7820 | NS      | $750094.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                                           | Coca-Cola Co/The                                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    271028 | NS      | $17974576.96  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                                            | Robert Half Inc                                            | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     19134 | NS      | $650173.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC                                       | Rentokil Initial PLC                                       | CUSIP: 000000000<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |   3340912 | NS      | $16885410.93  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                                              | Huntsman Corp                                              | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     30120 | NS      | $270477.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc                                     | Darden Restaurants Inc                                     | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     22052 | NS      | $4197818.72   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | XAP CONS STAPLES DEC25                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         5 | NC      | $-299.51      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                            | American Financial Group Inc/OH                            | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     13005 | NS      | $1895088.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp                                              | Ralliant Corp                                              | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44761 | NS      | $1957398.53   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaka Exchange                                             | NIKKEI 225 (OSE) DEC25                                     | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |         6 | NC      | $71002.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                                   | Lamb Weston Holdings Inc                                   | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |    174995 | NS      | $10163709.60  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                                  | Janus Henderson Group PLC                                  | CUSIP: 000000000<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | JE        |     24752 | NS      | $1101711.52   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co/The                                             | Hershey Co/The                                             | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     27868 | NS      | $5212709.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/NC                           | First Citizens BancShares Inc/NC                           | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |     19386 | NS      | $34684655.76  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                            | AstraZeneca PLC                                            | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     65673 | NS      | $9876343.03   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp Inc                                | German American Bancorp Inc                                | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |      7697 | NS      | $302261.19    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                                  | Amgen Inc                                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     65920 | NS      | $18602624.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                       | Bank of America Corp                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    347190 | NS      | $17911532.10  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                                 | Unum Group                                                 | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     29474 | NS      | $2292487.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | S+P MID 400 EMINI DEC25                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       107 | NC      | $3554.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell's Company/The                                     | Campbell's Company/The                                     | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |    245305 | NS      | $7746731.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                         | Home Depot Inc/The                                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     45882 | NS      | $18590927.58  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                                       | Labcorp Holdings Inc                                       | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29188 | NS      | $8378707.28   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc                             | SS&C Technologies Holdings Inc                             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    479902 | NS      | $42596101.52  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                                 | Evergy Inc                                                 | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    128270 | NS      | $9751085.40   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                                                | Banner Corp                                                | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6674 | NS      | $437147.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                             | Fortune Brands Innovations Inc                             | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |    146689 | NS      | $7831725.71   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                                                  | PG&E Corp                                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    408761 | NS      | $6164115.88   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                          | EURO STOXX 50 DEC25                                        | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |        37 | NC      | $68472.31     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc                                           | Radian Group Inc                                           | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     25714 | NS      | $931361.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                                      | East West Bancorp Inc                                      | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     26193 | NS      | $2788244.85   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co                                            | City Holding Co                                            | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2751 | NS      | $340766.37    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Autoliv Inc                                                | Autoliv Inc                                                | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |     13403 | NS      | $1655270.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                                              | Ford Motor Co                                              | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    734853 | NS      | $8788841.88   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                                            | Murphy Oil Corp                                            | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     25420 | NS      | $722182.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | EURO FX CURR FUT DEC25                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |        16 | NC      | $3077.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                                   | CSX Corp                                                   | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    157855 | NS      | $5605431.05   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp                                  | Cincinnati Financial Corp                                  | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     29571 | NS      | $4675175.10   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                                                 | Sysco Corp                                                 | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     62375 | NS      | $5135957.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc                                  | AvalonBay Communities Inc                                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |     58130 | NS      | $11228972.10  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc                 | Fidelity National Information Services Inc                 | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    471045 | NS      | $31060707.30  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                                     | Cathay General Bancorp                                     | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     13118 | NS      | $629795.18    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                                 | Watsco Inc                                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      6589 | NS      | $2663932.70   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                                           | HF Sinclair Corp                                           | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     30232 | NS      | $1582342.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | BP CURRENCY FUT DEC25                                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              |  | US        |        17 | NC      | $-10244.88    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                                                   | APA Corp                                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     67401 | NS      | $1636496.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                    | Charles Schwab Corp/The                                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    125813 | NS      | $12011367.11  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares Inc                                   | Northwest Bancshares Inc                                   | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27288 | NS      | $338098.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                         | Meta Platforms Inc                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     20415 | NS      | $14992367.70  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                                 | Pfizer Inc                                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    149697 | NS      | $3814279.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                                 | Verizon Communications Inc                                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    750085 | NS      | $32966235.75  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                   | RTX Corp                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     44805 | NS      | $7497220.65   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                                               | Carter's Inc                                               | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |      7019 | NS      | $198076.18    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                                              | Boeing Co/The                                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     33742 | NS      | $7282535.86   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp                             | Central Pacific Financial Corp                             | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |      4242 | NS      | $128702.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                                          | Flowers Foods Inc                                          | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     36256 | NS      | $473140.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                                        | Cardinal Health Inc                                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |    212994 | NS      | $33431538.24  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Inc                                       | Federated Hermes Inc                                       | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |     14734 | NS      | $765136.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T Bancorp Inc                                            | S&T Bancorp Inc                                            | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7144 | NS      | $268542.96    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                               | LyondellBasell Industries NV                               | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |    184738 | NS      | $9059551.52   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                                  | Sanofi SA                                                  | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    164908 | NS      | $15208092.73  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc                                     | Skyworks Solutions Inc                                     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     28056 | NS      | $2159750.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                                           | Altria Group Inc                                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    280652 | NS      | $18539871.12  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                                 | Samsung Electronics Co Ltd                                 | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     23757 | NS      | $35492958.00  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp                                        | Barrick Mining Corp                                        | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    289643 | NS      | $9491601.11   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                                 | CF Industries Holdings Inc                                 | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     30499 | NS      | $2735760.30   | 0.13%             |  |  |  | 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        |        12 | NC      | $13498.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc                             | Virtus Investment Partners Inc                             | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      1432 | NS      | $272122.96    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corp                                            | 1st Source Corp                                            | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3561 | NS      | $219215.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc                                  | Ethan Allen Interiors Inc                                  | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4365 | NS      | $128592.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc                               | MSC Industrial Direct Co Inc                               | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |      8733 | NS      | $804658.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                                        | Electronic Arts Inc                                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |    104343 | NS      | $21045983.10  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                                     | Regions Financial Corp                                     | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    168934 | NS      | $4454789.58   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp                                               | Fortive Corp                                               | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    132583 | NS      | $6495241.17   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                                | Ovintiv Inc                                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     48219 | NS      | $1947083.22   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                                                | Moelis & Co                                                | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |      7310 | NS      | $521349.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp                                       | First Financial Corp                                       | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2458 | NS      | $138729.52    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                  | Taiwan Semiconductor Manufacturing Co Ltd                  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     47200 | NS      | $13182488.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners LP                            | Enterprise Products Partners LP                            | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    585860 | NS      | $18319842.20  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                                        | STAG Industrial Inc                                        | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               |  | US        |    186707 | NS      | $6588890.03   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                        | Fifth Third Bancorp                                        | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    125572 | NS      | $5594232.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                                        | Kimberly-Clark Corp                                        | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     62305 | NS      | $7747003.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/The                           | Interpublic Group of Cos Inc/The                           | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     69061 | NS      | $1927492.51   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                                         | Kraft Heinz Co/The                                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    641454 | NS      | $16703462.16  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                              | Rexford Industrial Realty Inc                              | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |    249841 | NS      | $10270963.51  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                                         | Teck Resources Ltd                                         | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    379880 | NS      | $16672933.20  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                                     | T Rowe Price Group Inc                                     | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     41821 | NS      | $4292507.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                | E-MINI RUSS 1000 VDEC25                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        22 | NC      | $14109.57     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc                                | Healthcare Realty Trust Inc                                | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               |  | US        |    463646 | NS      | $8359537.38   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                                       | Keurig Dr Pepper Inc                                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    273817 | NS      | $6985071.67   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                             | Merck & Co Inc                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    222302 | NS      | $18657806.86  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                                             | Whirlpool Corp                                             | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     10442 | NS      | $820741.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                        | JPMorgan Chase & Co                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     58993 | NS      | $18608161.99  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                                             | Halliburton Co                                             | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    160541 | NS      | $3949308.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                             | Amazon.com Inc                                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    173900 | NS      | $38183223.00  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                                     | HP Inc                                                     | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    761074 | NS      | $20724045.02  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                                  | ONEOK Inc                                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    118761 | NS      | $8665990.17   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc                                   | Baxter International Inc                                   | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |   1350515 | NS      | $30751226.55  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                                    | Bristol-Myers Squibb Co                                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    557877 | NS      | $25160252.70  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc                           | American International Group Inc                           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    140401 | NS      | $11027094.54  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp                                         | CVB Financial Corp                                         | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24875 | NS      | $470386.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                                | Fastenal Co                                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    216014 | NS      | $10593326.56  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                             | ConocoPhillips                                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    197585 | NS      | $18689565.15  | 0.91%             |  |  |  | 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