# EDGAR Filing Document

**Accession Number:** 0001352621
**File Stem:** 0001752724-23-045609
**Filing Date:** 2023-2
**Character Count:** 20511
**Document Hash:** 30ff87f0595758ca96190f5f61f06d43
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-045609.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-045609

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Variable Trust
- **CENTRAL INDEX KEY:** 0001352621
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21853
- **FILM NUMBER:** 23681130

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 17645 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Donoghue Forlines Momentum VIT Fund (Series ID: S000016887)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000186847 | Donoghue Forlines Momentum VIT Fund Class 2 shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Variable Trust

- **b. Investment Company Act file number:** 811-21853

- **c. CIK number of Registrant:** 0001352621

- **d. LEI of Registrant:** 549300JG5J5V82S8VI88

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Donoghue Forlines Momentum VIT Fund

- **b. EDGAR series identifier (if any):** S000016887

- **c. LEI of Series:** 549300AX848D7L72RN86

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $53345997.62

**Total Liabilities:** $140268.47

**Net Assets:** $53205729.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186847 | 0.15%                | 2.75%                | -7.39%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1367879.56             | $1489656.36                                |
| Month 2  | $-1365816.50             | $2866082.38                                |
| Month 3  | $-96126.30               | $-4167161.56                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Broadcom Inc                           | BROADCOM INC                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2053 | NS      | $1147893.89   | 2.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameriprise Financial, Inc.             | AMERIPRISE FINAN                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3408 | NS      | $1061148.96   | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Antero Resources Corporation           | ANTERO RESOURCES CORP                | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     30948 | NS      | $959078.52    | 1.80%             |  |  |  | No            | 1                  | On Loan: —       |
| Humana Inc.                            | HUMANA INC                           | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      2057 | NS      | $1053574.83   | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Hershey Co (The)                       | HERSHEY CO/THE                       | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      4810 | NS      | $1113851.70   | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Lockheed Martin Corporation            | LOCKHEED MARTIN                      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      2331 | NS      | $1134008.19   | 2.13%             |  |  |  | No            | 1                  | On Loan: No      |
| T-Mobile US Inc                        | T-MOBILE US INC                      | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      7468 | NS      | $1045520.00   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Eli Lilly & Co.                        | ELI LILLY & CO                       | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3048 | NS      | $1115080.32   | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                       | GENUINE PARTS CO                     | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      6170 | NS      | $1070556.70   | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Steel Dynamics, Inc.                   | STEEL DYNAMICS                       | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     10884 | NS      | $1063366.80   | 2.00%             |  |  |  | No            | 1                  | On Loan: —       |
| Caseys Gen Stores                      | CASEY'S GENERAL                      | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      4655 | NS      | $1044349.25   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Financial Group              | PRINCIPAL FINL                       | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     12613 | NS      | $1058482.96   | 1.99%             |  |  |  | No            | 1                  | On Loan: —       |
| Erie Indemnity Co                      | ERIE INDEMNITY COMPANY-CL            | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |      4006 | NS      | $996372.32    | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexstar Media Group Inc                | NEXSTAR MEDIA                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      5967 | NS      | $1044404.01   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Cadence Design Systems, Inc.           | CADENCE DESIGN                       | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      6575 | NS      | $1056208.00   | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Iron Mountain Incorporated             | IRON MOUNTAIN                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     20820 | NS      | $1037877.00   | 1.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Amdocs Limited                         | AMDOCS LTD                           | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     12730 | NS      | $1157157.00   | 2.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Lattice Semiconductor Corporation      | LATTICE SEMICOND                     | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     15531 | NS      | $1007651.28   | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity Institutional Cash Portfolios | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    603542 | PA      | $603541.66    | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Consolidated Edison, Inc.              | CONS EDISON INC                      | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     11538 | NS      | $1099686.78   | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Booz Allen Hamilton Holding Corp.      | BOOZ ALLEN HAMIL                     | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     10631 | NS      | $1111152.12   | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Lamb Weston Holdings Inc               | LAMB WESTON                          | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     13017 | NS      | $1163199.12   | 2.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Grand Canyon Education Inc             | GRAND CANYON EDU                     | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     10004 | NS      | $1057022.64   | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| CDW Corp                               | CDW CORP/DE                          | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      5996 | NS      | $1070765.68   | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Grainger W W Inc                       | WW GRAINGER INC                      | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1876 | NS      | $1043525.00   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| World Wrestling Entertainment, Inc.    | WORLD WRESTLIN-A                     | CUSIP: 98156Q108<br>LEI: 549300WZVLSCS3L4L698 | Long             | EC               | CORP              | US        |     14161 | NS      | $970311.72    | 1.82%             |  |  |  | No            | 1                  | On Loan: No      |
| CF Industries Holdings, Inc.           | CF INDUSTRIES HO                     | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     10455 | NS      | $890766.00    | 1.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Microchip Technology Incorporated      | MICROCHIP TECH                       | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     14284 | NS      | $1003451.00   | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Bristol-Myers Squibb Company           | BRISTOL-MYER SQB                     | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     14090 | NS      | $1013775.50   | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertex Pharmaceuticals Incorporated    | VERTEX PHARM                         | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      3575 | NS      | $1032388.50   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Bentley Systems Incorporated           | BENTLEY SYSTEM-B                     | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     28557 | NS      | $1055466.72   | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| PTC Inc                                | PTC INC                              | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      8892 | NS      | $1067395.68   | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Jazz Pharmaceuticals PLC               | JAZZ PHARMACEUTI                     | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |      7209 | NS      | $1148465.79   | 2.16%             |  |  |  | No            | 1                  | On Loan: No      |
| The Coca-Cola Company                  | COCA-COLA CO/THE                     | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     17783 | NS      | $1131176.63   | 2.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Gen Digital Inc                        | GEN DIGITAL INC                      | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     49266 | NS      | $1055770.38   | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Henry Jack & Associates Inc.           | JACK HENRY                           | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      5974 | NS      | $1048795.44   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                    | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| FactSet Research Systems Inc.          | FACTSET RESEARCH                     | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      2452 | NS      | $983766.92    | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Enphase Energy Inc                     | ENPHASE ENERGY                       | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      3528 | NS      | $934778.88    | 1.76%             |  |  |  | No            | 1                  | On Loan: —       |
| Synopsys Inc                           | SYNOPSYS INC                         | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      3331 | NS      | $1063554.99   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co., Inc                       | MERCK & CO                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     10272 | NS      | $1139678.40   | 2.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Occidental Petroleum Corporation       | OCCIDENTAL PETE                      | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     16278 | NS      | $1025351.22   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Zillow Group Inc                       | ZILLOW GRO-C                         | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |     29783 | NS      | $959310.43    | 1.80%             |  |  |  | No            | 1                  | On Loan: —       |
| WEX Inc                                | WEX INC                              | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |      6688 | NS      | $1094491.20   | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| ON Semiconductor Corp.                 | ON SEMICONDUCTOR                     | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     15042 | NS      | $938169.54    | 1.76%             |  |  |  | No            | 1                  | On Loan: —       |
| Gilead Sciences, Inc.                  | GILEAD SCIENCES                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     12879 | NS      | $1105662.15   | 2.08%             |  |  |  | No            | 1                  | On Loan: No      |
| AutoNation, Inc.                       | AUTONATION INC                       | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9129 | NS      | $979541.70    | 1.84%             |  |  |  | No            | 1                  | On Loan: —       |
| Pure Storage Inc                       | PURE STORAGE-A                       | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     38752 | NS      | $1037003.52   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Ulta Beauty Inc                        | ULTA BEAUTY INC                      | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2433 | NS      | $1141247.31   | 2.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Allison Transmission Holdings Inc      | ALLISON TRANSMIS                     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     25249 | NS      | $1050358.40   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Visa Inc                               | VISA INC-CLASS A                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      5213 | NS      | $1083052.88   | 2.04%             |  |  |  | No            | 1                  | On Loan: —       |
| LPL Financial Holdings Inc.            | LPL FINANCIAL HO                     | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      4779 | NS      | $1033076.43   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** Northern Lights Variable Trust

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer