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Form NPORT-P Ivy Variable Insurance For: Mar 31

May 27, 2022 2:37 PM EDT

  
    NPORT-P
    false
    
      
      
        
          0000810016
          XXXXXXXX
        
      
      
      
      
        S000006233
        C000203521
        C000017167
      
      
    
  
  
    
      Ivy Variable Insurance Portfolios
      811-05017
      0000810016
      72XHPUAYSOH6ROSGJT53
      6300 LAMAR AVE
      OVERLAND PARK
      
      66202
      9132362000
      Delaware Ivy VIP Small Cap Growth
      S000006233
      7JKC5QVXLZ23MRRN8I76
      2022-12-31
      2022-03-31
      N
    
    
      390032704.02
      8200788.53
      381831915.49
      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
      498097.44000000
      
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          
            UST
          
        
      
      
        
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Joint Corp/The
        N/A
        Joint Corp/The
        47973J102
        
          
          
        
        32028.00000000
        NS
        USD
        1133470.92000000
        0.296850753962
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Malibu Boats Inc
        N/A
        Malibu Boats Inc
        56117J100
        
          
          
        
        77036.00000000
        NS
        USD
        4468858.36000000
        1.170373187444
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Casella Waste Systems Inc
        8EU0XUFVJ48U37IIDH51
        Casella Waste Systems Inc
        147448104
        
          
          
        
        49760.00000000
        NS
        USD
        4361464.00000000
        1.142247104829
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Marriott Vacations Worldwide C
        549300WA6BT5H4F7IO94
        Marriott Vacations Worldwide Corp
        57164Y107
        
          
          
        
        53392.00000000
        NS
        USD
        8419918.40000000
        2.205137406912
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tenable Holdings Inc
        5493004S5OMPESF0EF83
        Tenable Holdings Inc
        88025T102
        
          
          
        
        60963.00000000
        NS
        USD
        3523051.77000000
        0.922670847322
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mimecast Ltd
        254900ELSYFSTT9X2740
        Mimecast Ltd
        000000000
        
          
          
          
        
        96503.00000000
        NS
        USD
        7677778.68000000
        2.010774471313
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Churchill Downs Inc
        529900FODTBQC8MIS994
        Churchill Downs Inc
        171484108
        
          
          
        
        22369.00000000
        NS
        USD
        4960996.82000000
        1.299261957616
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PTC Therapeutics Inc
        549300UJLWOIWFDGB318
        PTC Therapeutics Inc
        69366J200
        
          
          
        
        35056.00000000
        NS
        USD
        1307939.36000000
        0.342543225681
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SM Energy Co
        84BUTVXV5ODI6BXNMH43
        SM Energy Co
        78454L100
        
          
          
        
        80590.00000000
        NS
        USD
        3138980.50000000
        0.822084370807
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Clean Harbors Inc
        5493000SJVZVZJKHJF48
        Clean Harbors Inc
        184496107
        
          
          
        
        65742.00000000
        NS
        USD
        7339436.88000000
        1.922164329972
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pinnacle Financial Partners In
        54930098EZ8JMSAZGS24
        Pinnacle Financial Partners Inc
        72346Q104
        
          
          
        
        91321.00000000
        NS
        USD
        8408837.68000000
        2.202235417961
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tandem Diabetes Care Inc
        549300JEPFOD0K4D3I05
        Tandem Diabetes Care Inc
        875372203
        
          
          
        
        73538.00000000
        NS
        USD
        8551734.02000000
        2.239659303760
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ForgeRock Inc
        N/A
        ForgeRock Inc
        34631B101
        
          
          
        
        32740.00000000
        NS
        USD
        717660.80000000
        0.187952020479
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        State Street Institutional US Government Money Market Fund
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
          
        
        5625660.94000000
        NS
        USD
        5625660.94000000
        1.473334394475
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veritex Holdings Inc
        549300F3SMOML02SC814
        Veritex Holdings Inc
        923451108
        
          
          
        
        118933.00000000
        NS
        USD
        4539672.61000000
        1.188919109649
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wyndham Hotels & Resorts Inc
        549300FE3MQ4RVXXC673
        Wyndham Hotels & Resorts Inc
        98311A105
        
          
          
        
        78869.00000000
        NS
        USD
        6679415.61000000
        1.749307833900
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Globant SA
        2221008DCMSPYS42DS88
        Globant SA
        000000000
        
          
          
        
        38098.00000000
        NS
        USD
        9984342.86000000
        2.614852885513
        Long
        EC
        CORP
        UY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        DREYFUS INST PREF GOVT PLUS MMF - SL #4134
        N/A
        DREYFUS INST PREF GOVT PLUS MMF - SL #4134
        000000000
        
          
          
        
        7762405.08000000
        NS
        USD
        7762405.08000000
        2.032937731262
        Long
        STIV
        RF
        US
        N
        
        1
        
          
          N
          N
        
      
      
        NCR Corp
        549300YKTY8JX1DV2R67
        NCR Corp
        62886E108
        
          
          
        
        138977.00000000
        NS
        USD
        5585485.63000000
        1.462812667933
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Vericel Corp
        54930076YM3PLTDR4B91
        Vericel Corp
        92346J108
        
          
          
        
        175121.00000000
        NS
        USD
        6693124.62000000
        1.752898159759
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Harmony Biosciences Holdings I
        N/A
        Harmony Biosciences Holdings Inc
        413197104
        
          
          
        
        46727.00000000
        NS
        USD
        2273268.55000000
        0.595358443801
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Duckhorn Portfolio Inc/The
        2549003BCT5CJSKJ9X51
        Duckhorn Portfolio Inc/The
        26414D106
        
          
          
        
        130285.00000000
        NS
        USD
        2369884.15000000
        0.620661619382
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cactus Inc
        549300J3T8C9F8QFKV08
        Cactus Inc
        127203107
        
          
          
        
        109956.00000000
        NS
        USD
        6238903.44000000
        1.633939748591
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Northern Oil and Gas Inc
        OKFF0PIZDDMNH4UCYE51
        Northern Oil and Gas Inc
        665531307
        
          
          
        
        21733.00000000
        NS
        USD
        612653.27000000
        0.160451037523
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Onto Innovation Inc
        254900RXZVN73CHOO062
        Onto Innovation Inc
        683344105
        
          
          
        
        31888.00000000
        NS
        USD
        2770748.32000000
        0.725646078181
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Shift4 Payments Inc
        N/A
        Shift4 Payments Inc
        82452J109
        
          
          
        
        134337.00000000
        NS
        USD
        8319490.41000000
        2.178835784149
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Inmode Ltd
        984500DD95A35E9BD358
        Inmode Ltd
        000000000
        
          
          
          
        
        37331.00000000
        NS
        USD
        1377887.21000000
        0.360862241762
        Long
        EC
        CORP
        IL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Valmont Industries Inc
        5493009ZGZJJ8F77JN08
        Valmont Industries Inc
        920253101
        
          
          
        
        28145.00000000
        NS
        USD
        6715397.00000000
        1.758731192331
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axonics Inc
        549300LJY4X7N57VJL05
        Axonics Inc
        05465P101
        
          
          
        
        104217.00000000
        NS
        USD
        6523984.20000000
        1.708601071659
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        MGP Ingredients Inc
        2549006OMHFVZ4MS8538
        MGP Ingredients Inc
        55303J106
        
          
          
        
        24585.00000000
        NS
        USD
        2104230.15000000
        0.551088074264
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Allegro MicroSystems Inc
        N/A
        Allegro MicroSystems Inc
        01749D105
        
          
          
        
        237415.00000000
        NS
        USD
        6742586.00000000
        1.765851864778
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        EnerSys
        7ZS3DE5PN30BYUJFWP05
        EnerSys
        29275Y102
        
          
          
        
        49920.00000000
        NS
        USD
        3722534.40000000
        0.974914418880
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BTRS Holdings Inc
        549300K51KDPS5MBVB54
        BTRS Holdings Inc
        11778X104
        
          
          
        
        303156.00000000
        NS
        USD
        2267606.88000000
        0.593875678802
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Castle Biosciences Inc
        N/A
        Castle Biosciences Inc
        14843C105
        
          
          
        
        73128.00000000
        NS
        USD
        3280522.08000000
        0.859153451274
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sailpoint Technologies Holding
        529900809B15HNZH5H79
        Sailpoint Technologies Holdings Inc
        78781P105
        
          
          
        
        85718.00000000
        NS
        USD
        4387047.24000000
        1.148947236212
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Deckers Outdoor Corp
        5493008LG4W3I6K8J118
        Deckers Outdoor Corp
        243537107
        
          
          
        
        11050.00000000
        NS
        USD
        3025158.50000000
        0.792274919218
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Knight-Swift Transportation Ho
        N/A
        Knight-Swift Transportation Holdings Inc
        499049104
        
          
          
        
        176770.00000000
        NS
        USD
        8919814.20000000
        2.336057788294
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Regal Rexnord Corp
        QH78R09VCJGQKPBPYU33
        Regal Rexnord Corp
        758750103
        
          
          
        
        9384.00000000
        NS
        USD
        1396151.52000000
        0.365645579471
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kornit Digital Ltd
        5299006DPCQWP3VTFK34
        Kornit Digital Ltd
        000000000
        
          
          
          
        
        22811.00000000
        NS
        USD
        1886241.59000000
        0.493997885844
        Long
        EC
        CORP
        IL
        N
        
        1
        
          N
          N
          N
        
      
      
        Varonis Systems Inc
        549300SHIVNRRH7STS26
        Varonis Systems Inc
        922280102
        
          
          
        
        159862.00000000
        NS
        USD
        7599839.48000000
        1.990362557893
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SiTime Corp
        N/A
        SiTime Corp
        82982T106
        
          
          
        
        38283.00000000
        NS
        USD
        9487293.06000000
        2.484677858273
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Air Transport Services Group I
        5493000F3MSFGIXTQE27
        Air Transport Services Group Inc
        00922R105
        
          
          
        
        136929.00000000
        NS
        USD
        4580275.05000000
        1.199552699549
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMN Healthcare Services Inc
        529900W3ARRTCNFH2I39
        AMN Healthcare Services Inc
        001744101
        
          
          
        
        62315.00000000
        NS
        USD
        6501323.95000000
        1.702666457741
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Box Inc
        549300KQUCPD8687YS68
        Box Inc
        10316T104
        
          
          
        
        59741.00000000
        NS
        USD
        1736073.46000000
        0.454669552117
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EVgo Inc
        N/A
        EVgo Inc
        30052F100
        
          
          
        
        191899.00000000
        NS
        USD
        2467821.14000000
        0.646310860849
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Omnicell Inc
        5493008RH0GTKHHPZI77
        Omnicell Inc
        68213N109
        
          
          
        
        56169.00000000
        NS
        USD
        7273323.81000000
        1.904849624910
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Progyny Inc
        N/A
        Progyny Inc
        74340E103
        
          
          
        
        113267.00000000
        NS
        USD
        5821923.80000000
        1.524734723269
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PetIQ Inc
        549300GROACFGKVYOX14
        PetIQ Inc
        71639T106
        
          
          
        
        224592.00000000
        NS
        USD
        5480044.80000000
        1.435198205725
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Texas Roadhouse Inc
        5299002Y1CNRPDGXTQ75
        Texas Roadhouse Inc
        882681109
        
          
          
        
        52216.00000000
        NS
        USD
        4372045.68000000
        1.145018397529
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nexstar Media Group Inc
        52990083ZRR5UT591988
        Nexstar Media Group Inc
        65336K103
        
          
          
        
        50110.00000000
        NS
        USD
        9444732.80000000
        2.473531524435
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pacira BioSciences Inc
        N/A
        Pacira BioSciences Inc
        695127100
        
          
          
        
        84387.00000000
        NS
        USD
        6440415.84000000
        1.686714907457
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Kirby Corp
        I7NO6FZO5GUCG585T325
        Kirby Corp
        497266106
        
          
          
        
        56936.00000000
        NS
        USD
        4110209.84000000
        1.076444810729
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Switch Inc
        549300EZ98N5Y55J4X37
        Switch Inc
        87105L104
        
          
          
        
        279165.00000000
        NS
        USD
        8603865.30000000
        2.253312243152
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veracyte Inc
        529900ESWZRHXOW27Z37
        Veracyte Inc
        92337F107
        
          
          
        
        63096.00000000
        NS
        USD
        1739556.72000000
        0.455581801685
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Focus Financial Partners Inc
        5493006FFJCGLZ246V12
        Focus Financial Partners Inc
        34417P100
        
          
          
        
        48397.00000000
        NS
        USD
        2213678.78000000
        0.579752160622
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ryman Hospitality Properties I
        529900GCCWW9SRMPJR11
        Ryman Hospitality Properties Inc
        78377T107
        
          
          
        
        14759.00000000
        NS
        USD
        1369192.43000000
        0.358585119382
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Boot Barn Holdings Inc
        529900QE1BFMYA3N4E71
        Boot Barn Holdings Inc
        099406100
        
          
          
        
        25220.00000000
        NS
        USD
        2390603.80000000
        0.626087999200
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SimilarWeb Ltd
        254900GWO7PNBAYCPJ12
        SimilarWeb Ltd
        000000000
        
          
          
          
        
        44951.00000000
        NS
        USD
        582115.45000000
        0.152453324718
        Long
        EC
        CORP
        IL
        N
        
        1
        
          N
          N
          
        
      
      
        CareDx Inc
        549300NQOFKL9NON0U06
        CareDx Inc
        14167L103
        
          
          
        
        197022.00000000
        NS
        USD
        7287843.78000000
        1.908652337415
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CryoPort Inc
        N/A
        CryoPort Inc
        229050307
        
          
          
        
        196918.00000000
        NS
        USD
        6874407.38000000
        1.800375270144
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Monarch Casino & Resort Inc
        549300AK5FF7KY11V997
        Monarch Casino & Resort Inc
        609027107
        
          
          
        
        64235.00000000
        NS
        USD
        5603219.05000000
        1.467456968024
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RBC Bearings Inc
        N/A
        RBC Bearings Inc
        75524B104
        
          
          
        
        15883.00000000
        NS
        USD
        3079396.04000000
        0.806479478293
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        MP Materials Corp
        N/A
        MP Materials Corp
        553368101
        
          
          
        
        22074.00000000
        NS
        USD
        1265723.16000000
        0.331486999554
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Fox Factory Holding Corp
        529900GE1HSV0617R721
        Fox Factory Holding Corp
        35138V102
        
          
          
        
        48627.00000000
        NS
        USD
        4763014.65000000
        1.247411349543
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sovos Brands Inc
        N/A
        Sovos Brands Inc
        84612U107
        
          
          
        
        61316.00000000
        NS
        USD
        869460.88000000
        0.227707754309
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Five9 Inc
        254900MXP6EWY0SFFR59
        Five9 Inc
        338307101
        
          
          
        
        46213.00000000
        NS
        USD
        5101915.20000000
        1.336167824906
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BJ's Wholesale Club Holdings I
        549300UCIWH1C93V0J03
        BJ's Wholesale Club Holdings Inc
        05550J101
        
          
          
        
        110156.00000000
        NS
        USD
        7447647.16000000
        1.950504098234
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Seacoast Banking Corp of Flori
        549300V6IC06XYQYPG88
        Seacoast Banking Corp of Florida
        811707801
        
          
          
        
        94631.00000000
        NS
        USD
        3313977.62000000
        0.867915301356
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kinsale Capital Group Inc
        529900QTUQHNZ6HOA508
        Kinsale Capital Group Inc
        49714P108
        
          
          
        
        12310.00000000
        NS
        USD
        2806926.20000000
        0.735120896428
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Visteon Corp
        549300MOVLYHRW4GGW78
        Visteon Corp
        92839U206
        
          
          
        
        41953.00000000
        NS
        USD
        4578330.89000000
        1.199043533101
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sweetgreen Inc
        N/A
        Sweetgreen Inc
        87043Q108
        
          
          
        
        7699.00000000
        NS
        USD
        246291.01000000
        0.064502468234
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Brink's Co/The
        XFP140TFNOQMIVFTVQ13
        Brink's Co/The
        109696104
        
          
          
        
        53552.00000000
        NS
        USD
        3641536.00000000
        0.953701315231
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Allegheny Technologies Inc
        ZW1LRE7C3H17O2ZN9B45
        Allegheny Technologies Inc
        01741R102
        
          
          
        
        14185.00000000
        NS
        USD
        380725.40000000
        0.099710208747
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Insmed Inc
        529900Q55QAG41CCAC11
        Insmed Inc
        457669307
        
          
          
        
        68730.00000000
        NS
        USD
        1615155.00000000
        0.423001570711
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lantheus Holdings Inc
        5299005HUB5IOJGO7S39
        Lantheus Holdings Inc
        516544103
        
          
          
        
        72606.00000000
        NS
        USD
        4015837.86000000
        1.051729228775
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        John Bean Technologies Corp
        5493007CT6ATBZ2L6826
        John Bean Technologies Corp
        477839104
        
          
          
        
        33094.00000000
        NS
        USD
        3920646.18000000
        1.026798971209
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Smartsheet Inc
        549300N9WF42OK9VL589
        Smartsheet Inc
        83200N103
        
          
          
        
        95900.00000000
        NS
        USD
        5253402.00000000
        1.375841512163
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Monolithic Power Systems Inc
        529900TB7O85LSZ1XU31
        Monolithic Power Systems Inc
        609839105
        
          
          
        
        3462.00000000
        NS
        USD
        1681424.16000000
        0.440357155017
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Liberty Oilfield Services Inc
        N/A
        Liberty Oilfield Services Inc
        53115L104
        
          
          
        
        103065.00000000
        NS
        USD
        1527423.30000000
        0.400025047157
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Gray Television Inc
        529900TM5726KDN7UU35
        Gray Television Inc
        389375106
        
          
          
        
        116512.00000000
        NS
        USD
        2571419.84000000
        0.673442877790
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Paycor HCM Inc
        N/A
        Paycor HCM Inc
        70435P102
        
          
          
        
        180982.00000000
        NS
        USD
        5268386.02000000
        1.379765757202
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Viavi Solutions Inc
        5493006K3E3N1QOBF092
        Viavi Solutions Inc
        925550105
        
          
          
        
        411883.00000000
        NS
        USD
        6623078.64000000
        1.734553443889
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CyberArk Software Ltd
        529900YEXNDM894PWS93
        CyberArk Software Ltd
        000000000
        
          
          
          
        
        18904.00000000
        NS
        USD
        3190050.00000000
        0.835459234963
        Long
        EC
        CORP
        IL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Herc Holdings Inc
        549300TP80QLITMSBP82
        Herc Holdings Inc
        42704L104
        
          
          
        
        30995.00000000
        NS
        USD
        5178954.55000000
        1.356344071802
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Red Rock Resorts Inc
        N/A
        Red Rock Resorts Inc
        75700L108
        
          
          
        
        147969.00000000
        NS
        USD
        7185374.64000000
        1.881816146976
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Domo Inc
        549300X57AGT5JULJ761
        Domo Inc
        257554105
        
          
          
        
        120722.00000000
        NS
        USD
        6104911.54000000
        1.598847894148
        Long
        EC
        CORP
        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 Small Cap Growth
March 31, 2022 (Unaudited)
    Number of
shares
Value (US $)
Common Stocks — 98.41%♦
Communication Services — 3.15%
Gray Television *     116,512 $   2,571,420
Nexstar Media Group Class A       50,110    9,444,733
    12,016,153
Consumer Discretionary — 15.50%
Boot Barn Holdings †      25,220     2,390,604
Churchill Downs       22,369     4,960,997
Deckers Outdoor †      11,050     3,025,158
EVgo *, †     191,899     2,467,821
Fox Factory Holding †      48,627     4,763,015
Malibu Boats Class A †      77,036     4,468,858
Marriott Vacations Worldwide       53,392     8,419,918
Monarch Casino & Resort †      64,235     5,603,219
Red Rock Resorts Class A      147,969     7,185,375
Sweetgreen Class A *, †       7,699       246,291
Texas Roadhouse       52,216     4,372,046
Visteon †      41,953     4,578,331
Wyndham Hotels & Resorts       78,869    6,679,416
    59,161,049
Consumer Staples — 3.33%
BJ's Wholesale Club Holdings †     110,156     7,447,647
Duckhorn Portfolio †     130,285     2,369,884
MGP Ingredients *      24,585     2,104,230
Sovos Brands †      56,244      797,540
    12,719,301
Energy — 3.02%
Cactus Class A      109,956     6,238,903
Liberty Oilfield Services Class A *, †     103,065     1,527,423
Northern Oil and Gas *      21,733       612,653
SM Energy       80,590    3,138,981
    11,517,960
Financials — 5.57%
Focus Financial Partners Class A †      48,397     2,213,679
Kinsale Capital Group       12,310     2,806,926
Pinnacle Financial Partners       91,321     8,408,838
Seacoast Banking       94,631     3,313,978
Veritex Holdings      118,933    4,539,672
    21,283,093
Healthcare — 22.05%
AMN Healthcare Services †      62,315     6,501,324
Axonics *, †     104,217     6,523,984
CareDx †     197,022     7,287,844
Castle Biosciences †      73,128     3,280,522
CryoPort †     196,918     6,874,407
Harmony Biosciences Holdings †      46,727     2,273,268
Inmode †      37,331     1,377,887
    Number of
shares
Value (US $)
Common Stocks♦ (continued)
Healthcare (continued)
Insmed †      68,730 $   1,615,155
Joint †      32,028     1,133,471
Lantheus Holdings †      72,606     4,015,838
Omnicell †      56,169     7,273,324
Pacira BioSciences *, †      84,387     6,440,416
PetIQ †     224,592     5,480,045
Progyny †     113,267     5,821,924
PTC Therapeutics †      35,056     1,307,939
Tandem Diabetes Care †      73,538     8,551,734
Veracyte *, †      63,096     1,739,557
Vericel †     175,121    6,693,125
    84,191,764
Industrials — 15.42%
Air Transport Services Group †     136,929     4,580,275
Brink's       53,552     3,641,536
Casella Waste Systems Class A †      49,760     4,361,464
Clean Harbors †      65,742     7,339,437
EnerSys       49,920     3,722,534
Herc Holdings       30,995     5,178,955
John Bean Technologies       33,094     3,920,646
Kirby †      56,936     4,110,210
Knight-Swift Transportation Holdings      176,770     8,919,814
Kornit Digital †      22,811     1,886,242
RBC Bearings *, †      15,883     3,079,396
Regal Rexnord        9,384     1,396,151
Valmont Industries       28,145    6,715,397
    58,852,057
Information Technology — 29.58%
Allegro MicroSystems †     237,415     6,742,586
Box Class A †      59,741     1,736,073
BTRS Holdings †     303,156     2,267,607
CyberArk Software †      18,904     3,190,050
Domo Class B †     120,722     6,104,912
Five9 †      46,213     5,101,915
ForgeRock Class A *, †      32,740       717,661
Globant †      38,098     9,984,343
Mimecast †      96,503     7,677,779
Monolithic Power Systems        3,462     1,681,424
NCR *, †     132,314     5,317,700
Onto Innovation †      31,888     2,770,748
Paycor HCM *, †     180,982     5,268,386
Sailpoint Technologies Holdings *, †      85,718     4,387,047
Shift4 Payments Class A †     134,337     8,319,490
SimilarWeb *, †      44,139       571,600
SiTime †      38,283     9,487,293
Smartsheet Class A †      95,900     5,253,402
Switch Class A      279,165     8,603,865
NQ-IV097 [3/22] 5/22 (2218457)    1

Schedule of investments
Delaware Ivy VIP Small Cap Growth (Unaudited)
    Number of
shares
Value (US $)
Common Stocks♦ (continued)
Information Technology (continued)
Tenable Holdings †      60,963 $   3,523,052
Varonis Systems †     159,862     7,599,839
Viavi Solutions †     411,883    6,623,079
   112,929,851
Materials — 0.43%
Allegheny Technologies †      14,185       380,726
MP Materials *, †      22,074    1,265,723
     1,646,449
Real Estate — 0.36%
Ryman Hospitality Properties †      14,759    1,369,192
     1,369,192
Total Common Stocks
(cost $311,401,653)
 375,686,869
 
Short-Term Investments — 1.60%
Money Market Mutual Fund — 1.60%
State Street Institutional US Government Money Market Fund – Premier Class (seven-day effective yield 0.17%)   6,119,059    6,119,059
Total Short-Term Investments
(cost $6,119,059)
   6,119,059
Total Value of Securities Before
Securities Lending Collateral—100.01%
(cost $317,520,712)
 381,805,928
 
Securities Lending Collateral — 2.03%
Money Market Mutual Fund — 2.03%
Dreyfus Institutional Preference Government Money Market Fund - Institutional Shares (seven-day effective yield 0.30%)   7,762,405    7,762,405
Total Securities Lending Collateral
(cost $7,762,405)
   7,762,405
Total Value of Securities—102.04%
(cost $325,283,117)
    389,568,333■
      Value (US $)
Obligation to Return
Securities Lending
Collateral — (2.03%)
      (7,762,405)
Liabilities Net of Receivables and Other Assets — (0.01%)          (25,874)
Net Assets Applicable to 37,756,958 Shares Outstanding—100.00%      $381,780,054
Narrow industries are utilized for compliance purposes for diversification whereas broad sectors are used for financial reporting.
* Fully or partially on loan.
Non-income producing security.
Includes $26,157,024 of securities loaned for which the counterparty pledged additional non-cash collateral valued at $18,909,215.
 
2    NQ-IV097 [3/22] 5/22 (2218457)


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