# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0001752724-25-203530
**Filing Date:** 2025-8
**Character Count:** 24476
**Document Hash:** 1aa536911fdf97854e1345565e8f18cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203530.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203530

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS VARIABLE EQUITY TRUST
- **CENTRAL INDEX KEY:** 0001176343

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21128
- **FILM NUMBER:** 251253225

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason Partners Variable Portfolios IV
- **DATE OF NAME CHANGE:** 20060501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY MULTIPLE DISCIPLINE TRUST
- **DATE OF NAME CHANGE:** 20021004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY MULTIPLE DISCIPLINE ACCOUNT TRUST
- **DATE OF NAME CHANGE:** 20020626

## Series and Classes Contracts Data

### ClearBridge Variable Large Cap Value Portfolio (Series ID: S000017019)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000047279 | Class I      | QLMVIX          |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Legg Mason Partners Variable Equity Trust

- **b. Investment Company Act file number:** 811-21128

- **c. CIK number of Registrant:** 0001176343

- **d. LEI of Registrant:** 549300W9EP2BXVLOGN89

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 620 Eighth Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10018

  - **Telephone number:** 1-877-721-1926

**Item A.2. Information about the Series.**

- **a. Name of Series:** ClearBridge Variable Large Cap Value Portfolio

- **b. EDGAR series identifier (if any):** S000017019

- **c. LEI of Series:** 5493008ZDUQZ3KK1QC69

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $264267962.30

**Total Liabilities:** $223751.94

**Net Assets:** $264044210.36

**Cash Not Reported:** $42989.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047279 | -3.88%               | 2.92%                | 2.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1747918.33             | $-8891374.34                               |
| Month 2  | $1571772.05              | $5661581.56                                |
| Month 3  | $1111486.42              | $5569475.66                                |

### Schedule of Portfolio Investments

| Name                                                     | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Procter & Gamble Co/The                                  | Procter & Gamble Co/The                                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     15300 | NS      | $2437596.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                               | Capital One Financial Corp                               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     20100 | NS      | $4276476.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                             | Thermo Fisher Scientific Inc                             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     10300 | NS      | $4176238.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                     | Progressive Corp/The                                     | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     17306 | NS      | $4618279.16   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                                             | CHEVRON CORP                                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36519 | NS      | $5229155.61   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                        | JOHNSON & JOHNSON                                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     30845 | NS      | $4711573.75   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                                 | Marsh & McLennan Cos Inc                                 | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     20480 | NS      | $4477747.20   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                               | Intel Corp                                               | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    271356 | NS      | $6078374.40   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                                         | Exxon Mobil Corp                                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     22600 | NS      | $2436280.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                          | CVS Health Corp                                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     77600 | NS      | $5352848.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                                  | XPO Inc                                                  | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     43400 | NS      | $5480986.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                          | AstraZeneca PLC                                          | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     35500 | NS      | $2480740.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                 | Visa Inc                                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     16471 | NS      | $5848028.55   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                                  | O'Reilly Automotive Inc                                  | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     45000 | NS      | $4055850.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Premier Institutional US Treasury Reserves | Western Asset Premier Institutional US Treasury Reserves | CUSIP: 52470G478<br>LEI: 549300FS1J68EF5THY28 | Long             | STIV             | RF                | US        |   1524832 | NS      | $1524832.49   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                                   | Berkshire Hathaway Inc                                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     12168 | NS      | $5910849.36   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                                            | Boeing Co/The                                            | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     12200 | NS      | $2556266.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L                           | Enterprise Products Partners LP                          | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    164694 | NS      | $5107160.94   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                             | Broadcom Inc                                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     22300 | NS      | $6146995.00   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                                      | AMERICAN TOWER CORP                                      | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     16955 | NS      | $3747394.10   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                     | Edison International                                     | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     53236 | NS      | $2746977.60   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                                     | BANK OF AMERICA CORP                                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    134050 | NS      | $6343246.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                                               | US BANCORP                                               | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     75370 | NS      | $3410492.50   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                                             | COMCAST CORP-CLASS A                                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    110678 | NS      | $3950097.82   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                                   | Motorola Solutions Inc                                   | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     11392 | NS      | $4789880.32   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                                    | Becton Dickinson & Co                                    | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     29832 | NS      | $5138562.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                                            | McKesson Corp                                            | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     10197 | NS      | $7472157.66   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                               | Deere & Co                                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     12578 | NS      | $6395787.22   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                                         | Novo Nordisk A/S                                         | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     31900 | NS      | $2201738.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA ENERGY                                            | SEMPRA ENERGY                                            | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    140474 | NS      | $10643714.98  | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO                                      | AMERICAN EXPRESS CO                                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     15807 | NS      | $5042116.86   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                   | UNITEDHEALTH GROUP INC                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     17465 | NS      | $5448556.05   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                            | Martin Marietta Materials Inc                            | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      9588 | NS      | $5263428.48   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                                     | WEC Energy Group Inc                                     | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     44400 | NS      | $4626480.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC/THE                                    | TRAVELERS COS INC/THE                                    | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     23548 | NS      | $6300031.92   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                              | PepsiCo Inc                                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     19618 | NS      | $2590360.72   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                                     | Parker-Hannifin Corp                                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      7400 | NS      | $5168678.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                 | RTX Corp                                                 | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     32814 | NS      | $4791500.28   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                             | Alphabet Inc                                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16149 | NS      | $2845938.27   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc                                 | Microchip Technology Inc                                 | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    112100 | NS      | $7888477.00   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                           | ConocoPhillips                                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     56119 | NS      | $5036119.06   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                               | Haleon PLC                                               | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    413698 | NS      | $4290048.26   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                           | Starbucks Corp                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     20200 | NS      | $1850926.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                           | Air Products and Chemicals Inc                           | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     29870 | NS      | $8425132.20   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                  | Charles Schwab Corp/The                                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     74847 | NS      | $6829040.28   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                                       | Walt Disney Co/The                                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     20300 | NS      | $2517403.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                                  | Sherwin-Williams Co/The                                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     14300 | NS      | $4910048.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                           | MICROSOFT CORP                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5892 | NS      | $2930739.72   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc                                  | Illinois Tool Works Inc                                  | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     10597 | NS      | $2620108.25   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                             | Veralto Corp                                             | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     32000 | NS      | $3230400.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan 100% US Treasury Securities Money Market Fund   | JPMorgan 100% US Treasury Securities Money Market Fund   | CUSIP: 4812A2835<br>LEI: 549300BS6M6EE7LNA816 | Long             | STIV             | RF                | US        |   1524833 | NS      | $1524832.79   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                                           | HOME DEPOT INC                                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     12275 | NS      | $4500506.00   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                                      | Otis Worldwide Corp                                      | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     33320 | NS      | $3299346.40   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                                    | Northrop Grumman Corp                                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      5322 | NS      | $2660893.56   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                       | Meta Platforms Inc                                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5589 | NS      | $4125185.01   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                      | JPMORGAN CHASE & CO                                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     53442 | NS      | $15493370.22  | 5.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Legg Mason Partners Variable Equity Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer