NPORT-P
    false
    
      
      
        
          0000896435
          XXXXXXXX
        
      
      
      
      
        S000027881
        C000084659
        C000084660
      
      
      
    
  
  
    
      AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
      811-07452
      0000896435
      FC4UULIMJMGKBDUARB13
      11 Greenway Plaza
      Suite 1000
      Houston
      
      77046-1173
      800-959-4246
      Invesco V.I. American Value Fund
      S000027881
      549300DAI1LZD3GVM179
      2022-12-31
      2022-06-30
      N
    
    
      327328552.40
      36781608.37
      290546944.03
      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
      146602.46000000
      
        
        
        
        
        
        
        
      
      N
      
        
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        Radian Group, Inc.
        54930005OUP720S5U385
        Radian Group, Inc.
        750236101
        
          
        
        100.00000000
        NS
        USD
        1965.00000000
        0.000676310675
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Treasury Portfolio
        5493004B3TM8ZIDDDC39
        Invesco Treasury Portfolio, Institutional Class
        825252406
        
          
        
        3526544.64000000
        NS
        USD
        3526544.64000000
        1.213760706302
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Shell PLC
        21380068P1DRHMJ8KU70
        Shell PLC
        780259305
        
          
        
        113600.00000000
        NS
        USD
        5940144.00000000
        2.044469619128
        Long
        EC
        CORP
        GB
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Louisiana-Pacific Corp.
        549300C7E2UAO5BVRR75
        Louisiana-Pacific Corp.
        546347105
        
          
        
        100.00000000
        NS
        USD
        5241.00000000
        0.001803839313
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HOCHTIEF AG
        529900Y25S8NZIYTT924
        HOCHTIEF AG
        N/A
        
          
        
        35600.00000000
        NS
        
        1734364.97000000
        0.596931065921
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Huntington Bancshares, Inc.
        549300XTVCVV9I7B5T19
        Huntington Bancshares, Inc.
        446150104
        
          
        
        551550.00000000
        NS
        USD
        6635146.50000000
        2.283674509863
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Ovintiv, Inc.
        N/A
        Ovintiv, Inc.
        69047Q102
        
          
        
        132400.00000000
        NS
        USD
        5850756.00000000
        2.013704194870
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Timken Co. (The)
        B0I35MLPFXZSE70ASS73
        Timken Co. (The)
        887389104
        
          
        
        103300.00000000
        NS
        USD
        5480065.00000000
        1.886120337040
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jabil, Inc.
        5493000CGCQY2OQU7669
        Jabil, Inc.
        466313103
        
          
        
        106500.00000000
        NS
        USD
        5453865.00000000
        1.877102861366
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        nVent Electric PLC
        21380063ZX54EUEMBR73
        nVent Electric PLC
        G6700G107
        
          
        
        100.00000000
        NS
        USD
        3133.00000000
        0.001078311117
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        AECOM
        0EEB8GF0W0NPCIHZX097
        AECOM
        00766T100
        
          
        
        135000.00000000
        NS
        USD
        8804700.00000000
        3.030388094218
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Horizon Therapeutics PLC
        529900P0GSQ79OOZEV53
        Horizon Therapeutics PLC
        G46188101
        
          
        
        37700.00000000
        NS
        USD
        3006952.00000000
        1.034928111200
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Phillips 66
        5493005JBO5YSIGK1814
        Phillips 66
        718546104
        
          
        
        70500.00000000
        NS
        USD
        5780295.00000000
        1.989453036340
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Crane Holdings Co.
        N/A
        Crane Holdings Co.
        224441105
        
          
        
        55914.00000000
        NS
        USD
        4895829.84000000
        1.685039178899
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PacWest Bancorp
        549300YI8VMFO7G36V04
        PacWest Bancorp
        695263103
        
          
        
        80093.00000000
        NS
        USD
        2135279.38000000
        0.734917170486
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Government & Agency Portfolio
        5493007T1J7WZ5QI1A47
        Invesco Government & Agency Portfolio, Institutional Class
        825252885
        
          
        
        3085726.65000000
        NS
        USD
        3085726.65000000
        1.062040648991
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Univar Solutions, Inc.
        549300VSXHFQVR770L55
        Univar Solutions, Inc.
        91336L107
        
          
        
        283500.00000000
        NS
        USD
        7050645.00000000
        2.426680144077
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Spectrum Brands Holdings, Inc.
        549300JM0MJETDD30O20
        Spectrum Brands Holdings, Inc.
        84790A105
        
          
        
        76700.00000000
        NS
        USD
        6290934.00000000
        2.165203981409
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MGIC Investment Corp.
        254900S8483WM4M98R28
        MGIC Investment Corp.
        552848103
        
          
        
        100.00000000
        NS
        USD
        1260.00000000
        0.000433664860
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Southwestern Energy Co.
        EFWMP121W54QV9MGOP87
        Southwestern Energy Co.
        845467109
        
          
        
        520100.00000000
        NS
        USD
        3250625.00000000
        1.118795109290
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LKQ Corp.
        DS830JTTZQN6GK0I2E41
        LKQ Corp.
        501889208
        
          
        
        89742.00000000
        NS
        USD
        4405434.78000000
        1.516255761941
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        US Foods Holding Corp.
        549300UGOZSO64CFPR97
        US Foods Holding Corp.
        912008109
        
          
        
        178921.00000000
        NS
        USD
        5489296.28000000
        1.889297544782
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Molina Healthcare, Inc.
        549300NQQCEQ46YHZ591
        Molina Healthcare, Inc.
        60855R100
        
          
        
        15700.00000000
        NS
        USD
        4389877.00000000
        1.510901109166
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HF Sinclair Corp.
        N/A
        HF Sinclair Corp.
        403949100
        
          
        
        128900.00000000
        NS
        USD
        5821124.00000000
        2.003505498718
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fresenius Medical Care AG & Co. KGaA
        549300CP8NY40UP89Q40
        Fresenius Medical Care AG & Co. KGaA
        N/A
        
          
        
        120800.00000000
        NS
        
        6033247.94000000
        2.076513989896
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Skyworks Solutions, Inc.
        549300WZ3ORQ2BVKBD96
        Skyworks Solutions, Inc.
        83088M102
        
          
        
        23900.00000000
        NS
        USD
        2214096.00000000
        0.762044153447
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vertiv Holdings Co.
        549300KTTIRAOGXCRV69
        Vertiv Holdings Co.
        92537N108
        
          
        
        430596.00000000
        NS
        USD
        3539499.12000000
        1.218219359290
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Performance Food Group Co.
        549300EUK8GR9IT1YK57
        Performance Food Group Co.
        71377A103
        
          
        
        68317.00000000
        NS
        USD
        3141215.66000000
        1.081138771046
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Huntsman Corp.
        5299000V56320A7RIQ67
        Huntsman Corp.
        447011107
        
          
        
        211000.00000000
        NS
        USD
        5981850.00000000
        2.058823926016
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Universal Health Services, Inc.
        549300YGMGQDO0NMJD09
        Universal Health Services, Inc., Class B
        913903100
        
          
        
        51594.00000000
        NS
        USD
        5196031.74000000
        1.788362206784
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Diamondback Energy, Inc.
        549300R22LSX6OHWEN64
        Diamondback Energy, Inc.
        25278X109
        
          
        
        45542.00000000
        NS
        USD
        5517413.30000000
        1.898974817449
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ARC Resources Ltd.
        FIR47I6FEYKYNJBYW622
        ARC Resources Ltd.
        00208D408
        
          
        
        480200.00000000
        NS
        
        6054728.09000000
        2.083906994862
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Private Government Fund
        N/A
        Invesco Private Government Fund
        N/A
        
          
        
        10170545.38000000
        NS
        USD
        10170545.38000000
        3.500482654861
        Long
        STIV
        PF
        US
        N
        
        2
        
          
          N
          N
        
      
      
        Element Solutions, Inc.
        549300FLGN6P5CU20J91
        Element Solutions, Inc.
        28618M106
        
          
        
        100.00000000
        NS
        USD
        1780.00000000
        0.000612637660
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Encompass Health Corp.
        549300FVRPM9DRQZRG64
        Encompass Health Corp.
        29261A100
        
          
        
        128824.00000000
        NS
        USD
        7220585.20000000
        2.485169900549
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        APA Corp.
        N/A
        APA Corp.
        03743Q108
        
          
        
        159600.00000000
        NS
        USD
        5570040.00000000
        1.917087794055
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BWX Technologies, Inc.
        549300NP85N265KWMS58
        BWX Technologies, Inc.
        05605H100
        
          
        
        75400.00000000
        NS
        USD
        4153786.00000000
        1.429643672167
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dana, Inc.
        KVWHW7YLZPFJM8QYNJ51
        Dana, Inc.
        235825205
        
          
        
        353300.00000000
        NS
        USD
        4970931.00000000
        1.710887380555
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Travel + Leisure Co.
        T4VNTWMFQ7JQB65L7T35
        Travel + Leisure Co.
        894164102
        
          
        
        49741.00000000
        NS
        USD
        1930945.62000000
        0.664589891470
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        KBR, Inc.
        254900OFQDXZRKRCV808
        KBR, Inc.
        48242W106
        
          
        
        173300.00000000
        NS
        USD
        8385987.00000000
        2.886276098341
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Oshkosh Corp.
        549300FEKNPCFSA2B506
        Oshkosh Corp.
        688239201
        
          
        
        26659.00000000
        NS
        USD
        2189770.26000000
        0.753671757694
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Huntington Ingalls Industries, Inc.
        5TZLZ6WJTBVJ0QWBG121
        Huntington Ingalls Industries, Inc.
        446413106
        
          
        
        28300.00000000
        NS
        USD
        6164306.00000000
        2.121621351268
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axalta Coating Systems Ltd.
        529900AGLPA40GV6H619
        Axalta Coating Systems Ltd.
        G0750C108
        
          
        
        161300.00000000
        NS
        USD
        3566343.00000000
        1.227458444591
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Apollo Global Management, Inc.
        54930054P2G7ZJB0KM79
        Apollo Global Management, Inc.
        03769M106
        
          
        
        71373.00000000
        NS
        USD
        3460163.04000000
        1.190913589386
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Invesco Private Prime Fund
        N/A
        Invesco Private Prime Fund
        N/A
        
          
        
        26152830.98000000
        NS
        USD
        26152830.98000000
        9.001241113484
        Long
        STIV
        PF
        US
        N
        
        2
        
          
          N
          N
        
      
      
        EQT Corp.
        4NT01YGM4X7ZX86ISY52
        EQT Corp.
        26884L109
        
          
        
        102100.00000000
        NS
        USD
        3512240.00000000
        1.208837357324
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Henry Schein, Inc.
        VGO3WGL8H45T73F4RR92
        Henry Schein, Inc.
        806407102
        
          
        
        38900.00000000
        NS
        USD
        2985186.00000000
        1.027436722821
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cigna Corp.
        549300VIWYMSIGT1U456
        Cigna Corp.
        125523100
        
          
        
        31300.00000000
        NS
        USD
        8248176.00000000
        2.838844520473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Flex Ltd.
        549300EAQH74YHD07T53
        Flex Ltd.
        Y2573F102
        
          
        
        530211.00000000
        NS
        USD
        7672153.17000000
        2.640589869431
        Long
        EC
        CORP
        SG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Vistra Corp.
        549300KP43CPCUJOOG15
        Vistra Corp.
        92840M102
        
          
        
        220300.00000000
        NS
        USD
        5033855.00000000
        1.732544466026
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Rheinmetall AG
        5299001OU9CSE29O6S05
        Rheinmetall AG
        N/A
        
          
        
        26000.00000000
        NS
        
        6003828.57000000
        2.066388476410
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Science Applications International Corp.
        549300LZPNZIXQGZPZ48
        Science Applications International Corp.
        808625107
        
          
        
        100.00000000
        NS
        USD
        9310.00000000
        0.003204301470
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Goldman Sachs Group, Inc. (The)
        784F5XWPLTWKTBV3E584
        Goldman Sachs Group, Inc. (The)
        38141G104
        
          
        
        17200.00000000
        NS
        USD
        5108744.00000000
        1.758319646780
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Liquid Assets Portfolio
        549300DC1W0JSX3QRC47
        Invesco Liquid Assets Portfolio, Institutional Class
        825252729
        
          
        
        2245805.31800000
        NS
        USD
        2245580.74000000
        0.772880522800
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hilton Grand Vacations, Inc.
        549300O9K6MFD8D07574
        Hilton Grand Vacations, Inc.
        43283X105
        
          
        
        709.00000000
        NS
        USD
        25332.57000000
        0.008718924951
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ManpowerGroup, Inc.
        ERO1WSFOSR0JJ6CRQ987
        ManpowerGroup, Inc.
        56418H100
        
          
        
        47249.00000000
        NS
        USD
        3610296.09000000
        1.242586151457
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Yamana Gold, Inc.
        54930002VY22NXG01418
        Yamana Gold, Inc.
        98462Y100
        
          
        
        559000.00000000
        NS
        USD
        2599350.00000000
        0.894640282202
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          
        
      
      
        Elevance Health, Inc.
        8MYN82XMYQH89CTMTH67
        Elevance Health, Inc.
        036752103
        
          
        
        9500.00000000
        NS
        USD
        4584510.00000000
        1.577889595536
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jacobs Engineering Group, Inc.
        549300CZ8QS1GE53O776
        Jacobs Engineering Group, Inc.
        469814107
        
          
        
        44100.00000000
        NS
        USD
        5606433.00000000
        1.929613480780
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sealed Air Corp.
        Q0M0CZB4YN6JZ65WXI09
        Sealed Air Corp.
        81211K100
        
          
        
        24000.00000000
        NS
        USD
        1385280.00000000
        0.476783538241
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WESCO International, Inc.
        529900TXOGREY3WNJ434
        WESCO International, Inc.
        95082P105
        
          
        
        26900.00000000
        NS
        USD
        2880990.00000000
        0.991574703915
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CACI International, Inc.
        SYRPI2D1O9WRTS2WX210
        CACI International, Inc., Class A
        127190304
        
          
        
        21711.00000000
        NS
        USD
        6117725.58000000
        2.105589374007
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        New Fortress Energy, Inc.
        N/A
        New Fortress Energy, Inc.
        644393100
        
          
        
        105300.00000000
        NS
        USD
        4166721.00000000
        1.434095620558
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        AerCap Holdings N.V.
        549300SZYINBBLJQU475
        AerCap Holdings N.V.
        N00985106
        
          
        
        400.00000000
        NS
        USD
        16376.00000000
        0.005636266474
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Pioneer Natural Resources Co.
        FY8JBF7CCL2VE4F1B628
        Pioneer Natural Resources Co.
        723787107
        
          
        
        31671.00000000
        NS
        USD
        7065166.68000000
        2.431678193548
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        MasTec, Inc.
        549300TMDIT8WREDOF45
        MasTec, Inc.
        576323109
        
          
        
        75400.00000000
        NS
        USD
        5403164.00000000
        1.859652669223
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Webster Financial Corp.
        KMRURHT0VWKYS6Z5KU67
        Webster Financial Corp.
        947890109
        
          
        
        119500.00000000
        NS
        USD
        5036925.00000000
        1.733601093900
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NRG Energy, Inc.
        5E2UPK5SW04M13XY7I38
        NRG Energy, Inc.
        629377508
        
          
        
        63300.00000000
        NS
        USD
        2416161.00000000
        0.831590574138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Centene Corp.
        549300Z7JJ4TQSQGT333
        Centene Corp.
        15135B101
        
          
        
        98638.00000000
        NS
        USD
        8345761.18000000
        2.872431237527
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Air Lease Corp.
        5493004NW4M4P8TMMK63
        Air Lease Corp.
        00912X302
        
          
        
        180500.00000000
        NS
        USD
        6034115.00000000
        2.076812413272
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2022-07-30
      AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
      Sheri Morris
      Sheri Morris
      President