NPORT-P
    false
    
      
      
        
          0000810016
          XXXXXXXX
        
      
      
      
      
        S000020590
        C000057545
      
      
    
  
  
    
      Ivy Variable Insurance Portfolios
      811-05017
      0000810016
      72XHPUAYSOH6ROSGJT53
      6300 LAMAR AVE
      OVERLAND PARK
      
      66202
      9132362000
      Delaware Ivy VIP Pathfinder Moderate
      S000020590
      549300CPIQ9ORW0E7B90
      2022-12-31
      2022-03-31
      N
    
    
      567726144.75
      83398.84
      567642745.91
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      367926.91000000
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        State Street Institutional US Government Money Market Fund
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
          
        
        2448566.78000000
        NS
        USD
        2448566.78000000
        0.431357010662
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IVY VIP MID CAP GROWTH PORTFOLIO CL2
        N/A
        IVY VIP MID CAP GROWTH PORTFOLIO CL2
        000000000
        
          
          
        
        2299548.22300000
        NS
        USD
        35505024.56000000
        6.254818689364
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP International Core Equity Class S
        N/A
        Delaware Ivy VIP International Core Equity Class S
        000000000
        
          
        
        3530532.65000000
        NS
        USD
        60054360.38000000
        10.57960500908
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IVY VIP SMALL CAP GROWTH I
        N/A
        IVY VIP SMALL CAP GROWTH I
        000000000
        
          
          
        
        570946.60000000
        NS
        USD
        5812236.39000000
        1.023925071161
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Limited-Term Bond Class S
        N/A
        Delaware Ivy VIP Limited-Term Bond Class S
        000000000
        
          
        
        17664011.99900000
        NS
        USD
        84080697.12000000
        14.81225607581
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Global Equity Income Class S
        N/A
        Delaware Ivy VIP Global Equity Income Class S
        000000000
        
          
        
        7837769.58100000
        NS
        USD
        49926592.23000000
        8.795425043257
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Value Class S
        N/A
        Delaware Ivy VIP Value Class S
        000000000
        
          
        
        7654468.64600000
        NS
        USD
        63149366.33000000
        11.12484336054
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Growth Class S
        N/A
        Delaware Ivy VIP Growth Class S
        000000000
        
          
        
        5771467.73800000
        NS
        USD
        77799385.11000000
        13.70569529348
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Small Cap Core Class S
        N/A
        Delaware Ivy VIP Small Cap Core Class S
        000000000
        
          
        
        367656.67000000
        NS
        USD
        5808975.39000000
        1.023350590112
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Corporate Bond Class S
        N/A
        Delaware Ivy VIP Corporate Bond Class S
        000000000
        
          
        
        20586413.97100000
        NS
        USD
        107255216.79000000
        18.89484496416
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IVY VIP HIGH INCOME PORTFOLIO CL2
        N/A
        IVY VIP HIGH INCOME PORTFOLIO CL2
        000000000
        
          
          
        
        1286176.57600000
        NS
        USD
        4244382.70000000
        0.747720768138
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delaware Ivy VIP Core Equity Class S
        N/A
        Delaware Ivy VIP Core Equity Class S
        000000000
        
          
        
        4285927.81100000
        NS
        USD
        71274979.50000000
        12.55630940649
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-05-20
      Ivy Variable Insurance Portfolio
      Dan Geatens
      Dan Geatens
      Division Director - Head of US Fund Administration
    
  
  XXXX




Schedule of investments
Delaware Ivy VIP Pathfinder Moderate
March 31, 2022 (Unaudited)
    Number of
shares
Value (US $)
Affiliated Mutual Funds — 99.55%
Delaware Ivy VIP Core Equity Class II    4,285,928 $ 71,274,980
Delaware Ivy VIP Corporate Bond Class II   20,586,414 107,255,217
Delaware Ivy VIP Global Equity Income Class II    7,837,769   49,926,592
Delaware Ivy VIP Growth Class II    5,771,468   77,799,385
Delaware Ivy VIP High Income Class I    1,286,176    4,244,383
Delaware Ivy VIP International Core Equity Class II    3,530,533   60,054,360
Delaware Ivy VIP Limited-Term Bond Class II   17,664,012   84,080,697
Delaware Ivy VIP Mid Cap Growth Class I    2,299,548   35,505,025
Delaware Ivy VIP Small Cap Core Class II      367,657    5,808,975
Delaware Ivy VIP Small Cap Growth Class I      570,946    5,812,236
Delaware Ivy VIP Value Class II    7,654,469  63,149,366
Total Affiliated Mutual Funds
(cost $563,540,087)
564,911,216
 
Short-Term Investments — 0.50%
Money Market Mutual Fund — 0.50%
State Street Institutional US Government Money Market Fund – Premier Class (seven-day effective yield 0.17%)    2,816,504   2,816,504
Total Short-Term Investments
(cost $2,816,504)
  2,816,504
Total Value of Securities—100.05%
(cost $566,356,591)
    567,727,720
Liabilities Net of Receivables and Other Assets—(0.05%)        (291,036)
Net Assets Applicable to 110,346,445 Shares Outstanding—100.00%     $567,436,684
NQ-IV047 [3/22] 5/22 (2218153)    1