Schedule of investments
Delaware VIP® Trust — Delaware VIP Growth Equity Series
September 30, 2023 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 100.17%♦ | |||
Communication Services — 9.25% | |||
Alphabet Class A † | 47,233 | $ 6,180,910 | |
Alphabet Class C † | 7,727 | 1,018,805 | |
Electronic Arts | 19,872 | 2,392,589 | |
9,592,304 | |||
Consumer Discretionary — 11.74% | |||
Amazon.com † | 41,231 | 5,241,284 | |
Booking Holdings † | 461 | 1,421,701 | |
Ferrari | 7,707 | 2,277,727 | |
Home Depot | 2,524 | 762,652 | |
LVMH Moet Hennessy Louis Vuitton ADR | 10,672 | 1,612,646 | |
NIKE Class B | 8,932 | 854,078 | |
12,170,088 | |||
Consumer Staples — 2.64% | |||
Coca-Cola | 48,879 | 2,736,246 | |
2,736,246 | |||
Financials — 11.47% | |||
Intercontinental Exchange | 25,732 | 2,831,035 | |
Mastercard Class A | 2,552 | 1,010,362 | |
S&P Global | 7,544 | 2,756,653 | |
Visa Class A | 23,001 | 5,290,460 | |
11,888,510 | |||
Healthcare — 12.79% | |||
Cooper | 5,260 | 1,672,733 | |
Danaher | 12,819 | 3,180,394 | |
Intuitive Surgical † | 5,386 | 1,574,274 | |
UnitedHealth Group | 8,790 | 4,431,830 | |
Veeva Systems Class A † | 6,245 | 1,270,545 | |
Zoetis | 6,501 | 1,131,044 | |
13,260,820 | |||
Industrials — 9.18% | |||
Broadridge Financial Solutions | 10,608 | 1,899,363 | |
Equifax | 9,846 | 1,803,590 | |
JB Hunt Transport Services | 10,021 | 1,889,159 | |
TransUnion | 14,092 | 1,011,665 | |
Union Pacific | 729 | 148,446 | |
Verisk Analytics | 4,422 | 1,044,653 | |
Waste Connections | 12,772 | 1,715,280 | |
9,512,156 | |||
Information Technology — 39.52% | |||
Adobe † | 4,083 | 2,081,922 | |
Apple | 42,820 | 7,331,212 | |
Autodesk † | 6,847 | 1,416,713 | |
Intuit | 6,452 | 3,296,585 | |
Microsoft | 38,458 | 12,143,113 |
Number of shares | Value (US $) | ||
Common Stocks♦ (continued) | |||
Information Technology (continued) | |||
Motorola Solutions | 13,503 | $ 3,676,057 | |
NVIDIA | 11,321 | 4,924,522 | |
Salesforce † | 9,176 | 1,860,709 | |
VeriSign † | 20,945 | 4,241,991 | |
40,972,824 | |||
Real Estate — 3.58% | |||
CoStar Group † | 48,272 | 3,711,634 | |
3,711,634 | |||
Total Common Stocks (cost $88,491,798) | 103,844,582 | ||
Short-Term Investments — 0.04% | |||
Money Market Mutual Funds — 0.04% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 5.24%) | 10,406 | 10,406 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 5.23%) | 10,407 | 10,407 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.37%) | 10,407 | 10,407 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.27%) | 10,406 | 10,406 | |
Total Short-Term Investments (cost $41,626) | 41,626 | ||
Total Value of Securities—100.21% (cost $88,533,424) | 103,886,208 | ||
Liabilities Net of Receivables and Other Assets—(0.21%) | (221,145) | ||
Net Assets Applicable to 7,215,882 Shares Outstanding—100.00% | $103,665,063 |
♦ | Narrow industries are utilized for compliance purposes for concentration whereas broad sectors are used for financial reporting. |
† | Non-income producing security. |
Summary of abbreviations: |
ADR – American Depositary Receipt |
S&P – Standard & Poor’s Financial Services LLC |
NQ-FL3 [0923] 1123 (3217047) 1