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Form NPORT-P AIM VARIABLE INSURANCE For: Mar 31

May 24, 2022 11:53 AM EDT

  
    NPORT-P
    false
    
      
      
        
          0000896435
          XXXXXXXX
        
      
      
      
      
        S000000203
        C000000453
        C000000452
      
      
      
    
  
  
    
      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. Core Equity Fund
      S000000203
      5493002WSEMGK8WD7S29
      2022-12-31
      2022-03-31
      N
    
    
      921575175.61
      16926776.02
      904648399.59
      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
      1252.84000000
      
        
        
      
      N
      
        
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        Invesco Treasury Portfolio
        5493004B3TM8ZIDDDC39
        Invesco Treasury Portfolio, Institutional Class
        825252406
        
          
        
        1330973.83000000
        NS
        USD
        1330973.83000000
        0.147126091264
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Intercontinental Exchange, Inc.
        5493000F4ZO33MV32P92
        Intercontinental Exchange, Inc.
        45866F104
        
          
        
        109512.00000000
        NS
        USD
        14468725.44000000
        1.599375563650
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Exxon Mobil Corp.
        J3WHBG0MTS7O8ZVMDC91
        Exxon Mobil Corp.
        30231G102
        
          
        
        179139.00000000
        NS
        USD
        14795090.01000000
        1.635451963072
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vulcan Materials Co.
        549300Q8LSNHAVWBNI21
        Vulcan Materials Co.
        929160109
        
          
        
        61156.00000000
        NS
        USD
        11234357.20000000
        1.241847905229
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alphabet, Inc.
        5493006MHB84DD0ZWV18
        Alphabet, Inc., Class A
        02079K305
        
          
        
        9372.00000000
        NS
        USD
        26066812.20000000
        2.881430201149
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PayPal Holdings, Inc.
        5493005X2GO78EFZ3E94
        PayPal Holdings, Inc.
        70450Y103
        
          
        
        46402.00000000
        NS
        USD
        5366391.30000000
        0.593201878479
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Warner Music Group Corp.
        QYRBV36XVCBJ28XL7W06
        Warner Music Group Corp., Class A
        934550203
        
          
        
        61535.00000000
        NS
        USD
        2329099.75000000
        0.257459113513
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amazon.com, Inc.
        ZXTILKJKG63JELOEG630
        Amazon.com, Inc.
        023135106
        
          
        
        15495.00000000
        NS
        USD
        50512925.25000000
        5.583708021027
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Doximity, Inc.
        N/A
        Doximity, Inc., Class A
        26622P107
        
          
        
        53577.00000000
        NS
        USD
        2790825.93000000
        0.308498410129
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Eli Lilly and Co.
        FRDRIPF3EKNDJ2CQJL29
        Eli Lilly and Co.
        532457108
        
          
        
        71340.00000000
        NS
        USD
        20429635.80000000
        2.258295688055
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Floor & Decor Holdings, Inc.
        549300M5FR3N688XGQ36
        Floor & Decor Holdings, Inc., Class A
        339750101
        
          
        
        27881.00000000
        NS
        USD
        2258361.00000000
        0.249639639115
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Constellation Brands, Inc.
        5493005GKEG8QCVY7037
        Constellation Brands, Inc., Class A
        21036P108
        
          
        
        22889.00000000
        NS
        USD
        5271794.48000000
        0.582745128647
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apple, Inc.
        HWUPKR0MPOU8FGXBT394
        Apple, Inc.
        037833100
        
          
        
        226893.00000000
        NS
        USD
        39617786.73000000
        4.379357410896
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fiserv, Inc.
        GI7UBEJLXYLGR2C7GV83
        Fiserv, Inc.
        337738108
        
          
        
        117745.00000000
        NS
        USD
        11939343.00000000
        1.319777164853
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Government & Agency Portfolio
        5493007T1J7WZ5QI1A47
        Invesco Government & Agency Portfolio, Institutional Class
        825252885
        
          
        
        1164602.16000000
        NS
        USD
        1164602.16000000
        0.128735336350
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cheniere Energy, Inc.
        MIHC87W9WTYSYZWV1J40
        Cheniere Energy, Inc.
        16411R208
        
          
        
        42705.00000000
        NS
        USD
        5921048.25000000
        0.654513759454
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Express Co.
        R4PP93JZOLY261QX3811
        American Express Co.
        025816109
        
          
        
        71242.00000000
        NS
        USD
        13322254.00000000
        1.472644400414
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Allstate Corp. (The)
        OBT0W1ED8G0NWVOLOJ77
        Allstate Corp. (The)
        020002101
        
          
        
        94518.00000000
        NS
        USD
        13091688.18000000
        1.447157612386
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equitable Holdings, Inc.
        549300FIBAKMNHPZ4009
        Equitable Holdings, Inc.
        29452E101
        
          
        
        510407.00000000
        NS
        USD
        15776680.37000000
        1.743957141487
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tesla, Inc.
        54930043XZGB27CTOV49
        Tesla, Inc.
        88160R101
        
          
        
        7855.00000000
        NS
        USD
        8464548.00000000
        0.935672688288
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United Parcel Service, Inc.
        D01LMJZU09ULLNCY6Z23
        United Parcel Service, Inc., Class B
        911312106
        
          
        
        129788.00000000
        NS
        USD
        27834334.48000000
        3.076812438137
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CarMax, Inc.
        529900F60CID3NCZM330
        CarMax, Inc.
        143130102
        
          
        
        78993.00000000
        NS
        USD
        7621244.64000000
        0.842453780214
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Deere & Co.
        PWFTNG3EI0Y73OXWDH08
        Deere & Co.
        244199105
        
          
        
        29567.00000000
        NS
        USD
        12283905.82000000
        1.357865202167
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sysco Corp.
        5RGWIFLMGH3YS7KWI652
        Sysco Corp.
        871829107
        
          
        
        101139.00000000
        NS
        USD
        8257999.35000000
        0.912840762636
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Airbnb, Inc.
        549300HMUDNO0RY56D37
        Airbnb, Inc., Class A
        009066101
        
          
        
        66690.00000000
        NS
        USD
        11454674.40000000
        1.266201808922
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Magellan Midstream Partners L.P.
        MZF5TI8NFVZZNUSKDL39
        Magellan Midstream Partners L.P.
        559080106
        
          
        
        85916.00000000
        NS
        USD
        4215898.12000000
        0.466026151365
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Private Government Fund
        N/A
        Invesco Private Government Fund
        N/A
        
          
        
        4876913.26000000
        NS
        USD
        4876913.26000000
        0.539094886169
        Long
        STIV
        PF
        US
        N
        
        2
        
          
          N
          N
        
      
      
        APA Corp.
        N/A
        APA Corp.
        03743Q108
        
          
        
        148819.00000000
        NS
        USD
        6150689.27000000
        0.679898319920
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AstraZeneca PLC
        PY6ZZQWO2IZFZC3IOL08
        AstraZeneca PLC, ADR
        046353108
        
          
        
        250386.00000000
        NS
        USD
        16610607.24000000
        1.836139570636
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        Valvoline, Inc.
        549300CMHPBEY6VPOT75
        Valvoline, Inc.
        92047W101
        
          
        
        205480.00000000
        NS
        USD
        6484948.80000000
        0.716847429668
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Otis Worldwide Corp.
        549300ZLBKR8VSU25153
        Otis Worldwide Corp.
        68902V107
        
          
        
        164131.00000000
        NS
        USD
        12629880.45000000
        1.396109301218
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amdocs Ltd.
        549300HQV672RJ7RQV66
        Amdocs Ltd.
        G02602103
        
          
        
        26985.00000000
        NS
        USD
        2218436.85000000
        0.245226416252
        Long
        EC
        CORP
        GG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        VMware, Inc.
        549300BUDHS3LRWBE814
        VMware, Inc., Class A
        928563402
        
          
        
        157721.00000000
        NS
        USD
        17959690.27000000
        1.985267456189
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SVB Financial Group
        549300D2KJ20JMXE7542
        SVB Financial Group
        78486Q101
        
          
        
        11524.00000000
        NS
        USD
        6447101.80000000
        0.712663815347
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Comcast Corp.
        51M0QTTNCGUN7KFCFZ59
        Comcast Corp., Class A
        20030N101
        
          
        
        238209.00000000
        NS
        USD
        11152945.38000000
        1.232848627715
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Motorola Solutions, Inc.
        6S552MUG6KGJVEBSEC55
        Motorola Solutions, Inc.
        620076307
        
          
        
        39400.00000000
        NS
        USD
        9542680.00000000
        1.054849597293
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Netflix, Inc.
        549300Y7VHGU0I7CE873
        Netflix, Inc.
        64110L106
        
          
        
        24395.00000000
        NS
        USD
        9138123.05000000
        1.010129797846
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tenet Healthcare Corp.
        0W9AIBT6U6ADJ2I8HK17
        Tenet Healthcare Corp.
        88033G407
        
          
        
        77417.00000000
        NS
        USD
        6654765.32000000
        0.735618978933
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rockwell Automation, Inc.
        VH3R4HHBHH12O0EXZJ88
        Rockwell Automation, Inc.
        773903109
        
          
        
        15964.00000000
        NS
        USD
        4470398.92000000
        0.494158716472
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FirstEnergy Corp.
        549300SVYJS666PQJH88
        FirstEnergy Corp.
        337932107
        
          
        
        356618.00000000
        NS
        USD
        16354501.48000000
        1.807829592957
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        JPMorgan Chase & Co.
        8I5DZWZKVSZI1NUHU748
        JPMorgan Chase & Co.
        46625H100
        
          
        
        102047.00000000
        NS
        USD
        13911047.04000000
        1.537729691038
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Advanced Micro Devices, Inc.
        R2I72C950HOYXII45366
        Advanced Micro Devices, Inc.
        007903107
        
          
        
        101304.00000000
        NS
        USD
        11076579.36000000
        1.224407113859
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NOV, Inc.
        549300EHF3IW1AR6U008
        NOV, Inc.
        62955J103
        
          
        
        116652.00000000
        NS
        USD
        2287545.72000000
        0.252865723416
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Private Prime Fund
        N/A
        Invesco Private Prime Fund
        N/A
        
          
        
        11380602.39000000
        NS
        USD
        11379464.09000000
        1.257888047462
        Long
        STIV
        PF
        US
        N
        
        2
        
          
          N
          N
        
      
      
        Bayer AG
        549300J4U55H3WP1XT59
        Bayer AG
        N/A
        
          
        
        57269.00000000
        NS
        
        3918184.81000000
        0.433116867478
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Applied Materials, Inc.
        41BNNE1AFPNAZELZ6K07
        Applied Materials, Inc.
        038222105
        
          
        
        89193.00000000
        NS
        USD
        11755637.40000000
        1.299470314138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Manhattan Associates, Inc.
        529900Q1GJP7KD52SW51
        Manhattan Associates, Inc.
        562750109
        
          
        
        19103.00000000
        NS
        USD
        2649777.13000000
        0.292906849909
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Target Corp.
        8WDDFXB5T1Z6J0XC1L66
        Target Corp.
        87612E106
        
          
        
        50632.00000000
        NS
        USD
        10745123.04000000
        1.187767871459
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Citizens BancShares, Inc.
        549300N3Z00ZHE2XC526
        First Citizens BancShares, Inc., Class A
        31946M103
        
          
        
        13960.00000000
        NS
        USD
        9291776.00000000
        1.027114623118
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cooper Cos., Inc. (The)
        QJKMVPIGLH7530PCUE20
        Cooper Cos., Inc. (The)
        216648402
        
          
        
        25163.00000000
        NS
        USD
        10507817.17000000
        1.161536037068
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coca-Cola Co. (The)
        UWJKFUJFZ02DKWI3RY53
        Coca-Cola Co. (The)
        191216100
        
          
        
        98962.00000000
        NS
        USD
        6135644.00000000
        0.678235213015
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ServiceNow, Inc.
        549300HJTQM36M0E1G39
        ServiceNow, Inc.
        81762P102
        
          
        
        8835.00000000
        NS
        USD
        4920123.15000000
        0.543871315334
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Procter & Gamble Co. (The)
        2572IBTT8CCZW6AU4141
        Procter & Gamble Co. (The)
        742718109
        
          
        
        160784.00000000
        NS
        USD
        24567795.20000000
        2.715728587054
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Verizon Communications, Inc.
        2S72QS2UO2OESLG6Y829
        Verizon Communications, Inc.
        92343V104
        
          
        
        269807.00000000
        NS
        USD
        13743968.58000000
        1.519260807428
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rocket Cos., Inc.
        N/A
        Rocket Cos., Inc., Class A
        77311W101
        
          
        
        416584.00000000
        NS
        USD
        4632414.08000000
        0.512067901971
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Microsoft Corp.
        INR2EJN1ERAN0W5ZP974
        Microsoft Corp.
        594918104
        
          
        
        197113.00000000
        NS
        USD
        60771909.03000000
        6.717737969529
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Prologis, Inc.
        529900DFH19P073LZ636
        Prologis, Inc.
        74340W103
        
          
        
        155504.00000000
        NS
        USD
        25110785.92000000
        2.775750880826
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Liquid Assets Portfolio
        549300DC1W0JSX3QRC47
        Invesco Liquid Assets Portfolio, Institutional Class
        825252729
        
          
        
        832102.26600000
        NS
        USD
        831852.63000000
        0.091953142279
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avantor, Inc.
        5493003VM0XB4U8YD238
        Avantor, Inc.
        05352A100
        
          
        
        230091.00000000
        NS
        USD
        7781677.62000000
        0.860188071246
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TransUnion
        549300ZS772LUNUMRB03
        TransUnion
        89400J107
        
          
        
        38559.00000000
        NS
        USD
        3984687.06000000
        0.440468038389
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Waste Connections, Inc.
        549300HDLRTPBQU69P29
        Waste Connections, Inc.
        94106B101
        
          
        
        42063.00000000
        NS
        USD
        5876201.10000000
        0.649556347268
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Raytheon Technologies Corp.
        I07WOS4YJ0N7YRFE7309
        Raytheon Technologies Corp.
        75513E101
        
          
        
        176290.00000000
        NS
        USD
        17465050.30000000
        1.930589863190
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HCA Healthcare, Inc.
        529900PH4ZGUH2MNEU89
        HCA Healthcare, Inc.
        40412C101
        
          
        
        86225.00000000
        NS
        USD
        21609709.50000000
        2.388741251274
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mondelez International, Inc.
        549300DV9GIB88LZ5P30
        Mondelez International, Inc., Class A
        609207105
        
          
        
        171571.00000000
        NS
        USD
        10771227.38000000
        1.190653449990
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Union Pacific Corp.
        549300LMMRSZZCZ8CL11
        Union Pacific Corp.
        907818108
        
          
        
        37446.00000000
        NS
        USD
        10230621.66000000
        1.130894794556
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UnitedHealth Group, Inc.
        549300GHBMY8T5GXDE41
        UnitedHealth Group, Inc.
        91324P102
        
          
        
        46616.00000000
        NS
        USD
        23772761.52000000
        2.627845418261
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        General Motors Co.
        54930070NSV60J38I987
        General Motors Co.
        37045V100
        
          
        
        210372.00000000
        NS
        USD
        9201671.28000000
        1.017154430845
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Seagen, Inc.
        N/A
        Seagen, Inc.
        81181C104
        
          
        
        54948.00000000
        NS
        USD
        7915259.40000000
        0.874954225706
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        O'Reilly Automotive, Inc.
        549300K2RLMQL149Q332
        O'Reilly Automotive, Inc.
        67103H107
        
          
        
        10817.00000000
        NS
        USD
        7409212.32000000
        0.819015688676
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Accenture PLC
        549300JY6CF6DO4YFQ03
        Accenture PLC, Class A
        G1151C101
        
          
        
        36361.00000000
        NS
        USD
        12262020.03000000
        1.355445942927
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        CVS Health Corp.
        549300EJG376EN5NQE29
        CVS Health Corp.
        126650100
        
          
        
        182245.00000000
        NS
        USD
        18445016.45000000
        2.038915501133
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Signature Bank
        VLP5AP0XK2GM6GKD1007
        Signature Bank
        82669G104
        
          
        
        21682.00000000
        NS
        USD
        6363450.18000000
        0.703416949931
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        QUALCOMM, Inc.
        H1J8DDZKZP6H7RWC0H53
        QUALCOMM, Inc.
        747525103
        
          
        
        150220.00000000
        NS
        USD
        22956620.40000000
        2.537629029179
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zynga, Inc.
        549300XNQ0U2EL088Z74
        Zynga, Inc., Class A
        98986T108
        
          
        
        194481.00000000
        NS
        USD
        1797004.44000000
        0.198641200361
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        salesforce.com, inc.
        RCGZFPDMRW58VJ54VR07
        salesforce.com, inc.
        79466L302
        
          
        
        82392.00000000
        NS
        USD
        17493469.44000000
        1.933731320138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        D.R. Horton, Inc.
        529900ZIUEYVSB8QDD25
        D.R. Horton, Inc.
        23331A109
        
          
        
        86165.00000000
        NS
        USD
        6420154.15000000
        0.709685017174
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Workday, Inc.
        549300J0DYC0N31V7G13
        Workday, Inc., Class A
        98138H101
        
          
        
        38827.00000000
        NS
        USD
        9297513.42000000
        1.027748838577
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coty, Inc.
        549300BO9IWPF3S48F93
        Coty, Inc., Class A
        222070203
        
          
        
        97733.00000000
        NS
        USD
        878619.67000000
        0.097122779457
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Snap, Inc.
        549300JNC0L6VP8A2Q35
        Snap, Inc., Class A
        83304A106
        
          
        
        62334.00000000
        NS
        USD
        2243400.66000000
        0.247985920388
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2022-04-30
      AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
      Sheri Morris
      Sheri Morris
      President
    
  
  XXXX



Schedule of Investments(a)
March 31, 2022
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–99.67%
Aerospace & Defense–1.93%
Raytheon Technologies Corp. 176,290  $17,465,050
Agricultural & Farm Machinery–1.36%
Deere & Co. 29,567  12,283,906
Air Freight & Logistics–3.08%
United Parcel Service, Inc., Class B 129,788  27,834,335
Application Software–3.26%
Manhattan Associates, Inc.(b) 19,103   2,649,777
salesforce.com, inc.(b) 82,392  17,493,470
Workday, Inc., Class A(b) 38,827   9,297,513
      29,440,760
Automobile Manufacturers–1.95%
General Motors Co.(b) 210,372   9,201,671
Tesla, Inc.(b) 7,855   8,464,548
      17,666,219
Automotive Retail–1.66%
CarMax, Inc.(b)(c) 78,993   7,621,245
O’Reilly Automotive, Inc.(b) 10,817   7,409,212
      15,030,457
Biotechnology–0.88%
Seagen, Inc.(b) 54,948   7,915,259
Cable & Satellite–1.23%
Comcast Corp., Class A 238,209  11,152,945
Commodity Chemicals–0.72%
Valvoline, Inc. 205,480   6,484,949
Communications Equipment–1.05%
Motorola Solutions, Inc. 39,400   9,542,680
Construction Materials–1.24%
Vulcan Materials Co. 61,156  11,234,357
Consumer Finance–1.47%
American Express Co. 71,242  13,322,254
Data Processing & Outsourced Services–1.91%
Fiserv, Inc.(b) 117,745  11,939,343
PayPal Holdings, Inc.(b) 46,402   5,366,391
      17,305,734
Distillers & Vintners–0.58%
Constellation Brands, Inc., Class A 22,889   5,271,795
Diversified Banks–1.54%
JPMorgan Chase & Co. 102,047  13,911,047
Electric Utilities–1.81%
FirstEnergy Corp. 356,618  16,354,502
Electrical Components & Equipment–0.49%
Rockwell Automation, Inc. 15,964   4,470,399
  Shares Value
Environmental & Facilities Services–0.65%
Waste Connections, Inc. 42,063   $5,876,201
Financial Exchanges & Data–1.60%
Intercontinental Exchange, Inc. 109,512  14,468,725
Food Distributors–0.91%
Sysco Corp.(c) 101,139   8,257,999
General Merchandise Stores–1.19%
Target Corp. 50,632  10,745,123
Health Care Facilities–3.13%
HCA Healthcare, Inc. 86,225  21,609,710
Tenet Healthcare Corp.(b) 77,417   6,654,765
      28,264,475
Health Care Services–2.04%
CVS Health Corp. 182,245  18,445,017
Health Care Supplies–1.16%
Cooper Cos., Inc. (The) 25,163  10,507,817
Health Care Technology–0.31%
Doximity, Inc., Class A(b) 53,577   2,790,826
Home Improvement Retail–0.25%
Floor & Decor Holdings, Inc., Class A(b) 27,881   2,258,361
Homebuilding–0.71%
D.R. Horton, Inc. 86,165   6,420,154
Hotels, Resorts & Cruise Lines–1.27%
Airbnb, Inc., Class A(b) 66,690  11,454,674
Household Products–2.72%
Procter & Gamble Co. (The) 160,784  24,567,795
Industrial Machinery–1.40%
Otis Worldwide Corp. 164,131  12,629,880
Industrial REITs–2.78%
Prologis, Inc. 155,504  25,110,786
Integrated Oil & Gas–1.64%
Exxon Mobil Corp. 179,139  14,795,090
Integrated Telecommunication Services–1.52%
Verizon Communications, Inc. 269,807  13,743,969
Interactive Home Entertainment–0.20%
Zynga, Inc., Class A(b) 194,481   1,797,004
Interactive Media & Services–3.13%
Alphabet, Inc., Class A(b) 9,372  26,066,812
Snap, Inc., Class A(b) 62,334   2,243,401
      28,310,213
Internet & Direct Marketing Retail–5.59%
Amazon.com, Inc.(b) 15,495  50,512,925
IT Consulting & Other Services–1.60%
Accenture PLC, Class A 36,361  12,262,020
 
See accompanying notes which are an integral part of this schedule.
Invesco V.I. Core Equity Fund

  Shares Value
IT Consulting & Other Services–(continued)
Amdocs Ltd. 26,985   $2,218,437
      14,480,457
Life Sciences Tools & Services–0.86%
Avantor, Inc.(b) 230,091   7,781,678
Managed Health Care–2.63%
UnitedHealth Group, Inc. 46,616  23,772,762
Movies & Entertainment–1.27%
Netflix, Inc.(b) 24,395   9,138,123
Warner Music Group Corp., Class A 61,535   2,329,100
      11,467,223
Oil & Gas Equipment & Services–0.25%
NOV, Inc. 116,652   2,287,546
Oil & Gas Exploration & Production–0.68%
APA Corp. 148,819   6,150,689
Oil & Gas Storage & Transportation–1.12%
Cheniere Energy, Inc. 42,705   5,921,048
Magellan Midstream Partners L.P. 85,916   4,215,898
      10,136,946
Other Diversified Financial Services–1.74%
Equitable Holdings, Inc. 510,407  15,776,680
Packaged Foods & Meats–1.19%
Mondelez International, Inc., Class A 171,571  10,771,227
Personal Products–0.10%
Coty, Inc., Class A(b) 97,733     878,620
Pharmaceuticals–4.53%
AstraZeneca PLC, ADR (United Kingdom) 250,386  16,610,607
Bayer AG (Germany) 57,269   3,918,185
Eli Lilly and Co. 71,340  20,429,636
      40,958,428
Property & Casualty Insurance–1.45%
Allstate Corp. (The) 94,518  13,091,688
Railroads–1.13%
Union Pacific Corp. 37,446  10,230,622
Regional Banks–2.44%
First Citizens BancShares, Inc., Class A 13,960   9,291,776
Signature Bank 21,682   6,363,450
SVB Financial Group(b) 11,524   6,447,102
      22,102,328
Research & Consulting Services–0.44%
TransUnion 38,559   3,984,687
  Shares Value
Semiconductor Equipment–1.30%
Applied Materials, Inc. 89,193  $11,755,637
Semiconductors–3.76%
Advanced Micro Devices, Inc.(b) 101,304  11,076,579
QUALCOMM, Inc. 150,220  22,956,621
      34,033,200
Soft Drinks–0.68%
Coca-Cola Co. (The) 98,962   6,135,644
Systems Software–9.25%
Microsoft Corp. 197,113  60,771,909
ServiceNow, Inc.(b) 8,835   4,920,123
VMware, Inc., Class A 157,721  17,959,691
      83,651,723
Technology Hardware, Storage & Peripherals–4.38%
Apple, Inc. 226,893  39,617,787
Thrifts & Mortgage Finance–0.51%
Rocket Cos., Inc., Class A 416,584   4,632,414
Total Common Stocks & Other Equity Interests (Cost $671,408,799) 901,341,668
Money Market Funds–0.37%
Invesco Government & Agency Portfolio, Institutional Class, 0.25%(d)(e) 1,164,602   1,164,602
Invesco Liquid Assets Portfolio, Institutional Class, 0.25%(d)(e) 832,102     831,853
Invesco Treasury Portfolio, Institutional Class, 0.16%(d)(e) 1,330,974   1,330,974
Total Money Market Funds (Cost $3,327,429) 3,327,429
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-100.04% (Cost $674,736,228)     904,669,097
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–1.80%
Invesco Private Government Fund, 0.31%(d)(e)(f) 4,876,913   4,876,913
Invesco Private Prime Fund, 0.34%(d)(e)(f) 11,380,603  11,379,464
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $16,255,259) 16,256,377
TOTAL INVESTMENTS IN SECURITIES–101.84% (Cost $690,991,487) 920,925,474
OTHER ASSETS LESS LIABILITIES—(1.84)% (16,639,115)
NET ASSETS–100.00% $904,286,359
Investment Abbreviations:
ADR – American Depositary Receipt
REIT – Real Estate Investment Trust
See accompanying notes which are an integral part of this schedule.
Invesco V.I. Core Equity Fund

Notes to Schedule of Investments:
(a) Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
(b) Non-income producing security.
(c) All or a portion of this security was out on loan at March 31, 2022.
(d) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended March 31, 2022.
    
  Value
December 31, 2021
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
Realized
Gain
(Loss)
Value
March 31, 2022
Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $389,846 $7,507,819 $(6,733,063) $- $- $1,164,602 $41
Invesco Liquid Assets Portfolio, Institutional Class 286,795 5,362,727 (4,817,328) - (341) 831,853 44
Invesco Treasury Portfolio, Institutional Class 445,538 8,580,364 (7,694,928) - - 1,330,974 48
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund 4,212,863 44,361,646 (43,697,596) - - 4,876,913 1,185*
Invesco Private Prime Fund 9,830,013 101,310,095 (99,759,901) 1,118 (1,861) 11,379,464 3,637*
Total $15,165,055 $167,122,651 $(162,702,816) $1,118 $(2,202) $19,583,806 $4,955
    
* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.
    
(e) The rate shown is the 7-day SEC standardized yield as of March 31, 2022.
(f) The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned.
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco V.I. Core Equity Fund

Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2022
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Fund’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of March 31, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Common Stocks & Other Equity Interests $897,423,483 $3,918,185 $— $901,341,668
Money Market Funds 3,327,429 16,256,377 19,583,806
Total Investments $900,750,912 $20,174,562 $— $920,925,474
Invesco V.I. Core Equity Fund


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