# EDGAR Filing Document

**Accession Number:** 0001645194
**File Stem:** 0000940400-26-008674
**Filing Date:** 2026-2
**Character Count:** 52257
**Document Hash:** cff2b88e26747bc30ff52272ee855c4d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008674.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000940400-26-008674

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Legg Mason ETF Investment Trust
- **CENTRAL INDEX KEY:** 0001645194

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23096
- **FILM NUMBER:** 26687477

**BUSINESS ADDRESS:**
- **STREET 1:** 620 EIGHTH AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** 620 EIGHTH AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason ETF InvestmentTrust
- **DATE OF NAME CHANGE:** 20170221

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Legg Mason ETF Equity Trust
- **DATE OF NAME CHANGE:** 20150615

## Series and Classes Contracts Data

### ClearBridge Large Cap Growth Select ETF (Series ID: S000057700)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000186075 | ClearBridge Large Cap Growth Select ETF | LRGE            |

## Nport-Ex

Schedules of Investments (unaudited)

December 31, 2025

 **Franklin ClearBridge Enhanced Income ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| **Common Stocks — 99.3%** | **Common Stocks — 99.3%** | **Common Stocks — 99.3%** |
| **Communication Services — 10.5%** | **Communication Services — 10.5%** | **Communication Services — 10.5%** |
| *Entertainment — 0.8%* | *Entertainment — 0.8%* | *Entertainment — 0.8%* |
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 7947 | &nbsp;&nbsp;&nbsp; $*904130*<br>|
| *Interactive Media & Services — 5.2%* | *Interactive Media & Services — 5.2%* | *Interactive Media & Services — 5.2%* |
| &nbsp;&nbsp;&nbsp; Alphabet Inc., Class A Shares | &nbsp;&nbsp; 11479 | &nbsp;&nbsp;&nbsp; 3592927<br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Class A Shares | &nbsp;&nbsp; 3292 | &nbsp;&nbsp;&nbsp; 2173016<br>|
| *Total Interactive Media & Services* | *Total Interactive Media & Services* | &nbsp;&nbsp; *5765943* |
| *Media — 2.4%* | *Media — 2.4%* | *Media — 2.4%* |
| &nbsp;&nbsp;&nbsp; Comcast Corp., Class A Shares | &nbsp;&nbsp; 90433 | &nbsp;&nbsp;&nbsp; *2703042*<br>|
| *Wireless Telecommunication Services — 2.1%* | *Wireless Telecommunication Services — 2.1%* | *Wireless Telecommunication Services — 2.1%* |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc. | &nbsp;&nbsp; 11336 | &nbsp;&nbsp;&nbsp; *2301662*<br>|
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **11674777** |
| **Consumer Discretionary — 3.2%** | **Consumer Discretionary — 3.2%** | **Consumer Discretionary — 3.2%** |
| *Specialty Retail — 3.2%* | *Specialty Retail — 3.2%* | *Specialty Retail — 3.2%* |
| &nbsp;&nbsp;&nbsp; Home Depot Inc. | &nbsp;&nbsp; 4486 | &nbsp;&nbsp;&nbsp; 1543633<br>|
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA, ADR | &nbsp;&nbsp; 123717 | &nbsp;&nbsp;&nbsp; 2041330<br>|
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **3584963** |
| **Consumer Staples — 8.6%** | **Consumer Staples — 8.6%** | **Consumer Staples — 8.6%** |
| *Beverages — 2.4%* | *Beverages — 2.4%* | *Beverages — 2.4%* |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. | &nbsp;&nbsp; 28095 | &nbsp;&nbsp;&nbsp; 1964122<br>|
| &nbsp;&nbsp;&nbsp; Diageo PLC, ADR | &nbsp;&nbsp; 7790 | &nbsp;&nbsp;&nbsp; 672043<br>|
| *Total Beverages* | *Total Beverages* | &nbsp;&nbsp; *2636165* |
| *Food Products — 2.9%* | *Food Products — 2.9%* | *Food Products — 2.9%* |
| &nbsp;&nbsp;&nbsp; Nestle SA, ADR | &nbsp;&nbsp; 32655 | &nbsp;&nbsp;&nbsp; *3225661*<br>|
| *Household Products — 1.1%* | *Household Products — 1.1%* | *Household Products — 1.1%* |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. | &nbsp;&nbsp; 8658 | &nbsp;&nbsp;&nbsp; *1240778*<br>|
| *Personal Care Products — 2.2%* | *Personal Care Products — 2.2%* | *Personal Care Products — 2.2%* |
| &nbsp;&nbsp;&nbsp; Unilever PLC, ADR | &nbsp;&nbsp; 38040 | &nbsp;&nbsp;&nbsp; *2487816*<br>|
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **9590420** |
| **Energy — 9.5%** | **Energy — 9.5%** | **Energy — 9.5%** |
| *Oil, Gas & Consumable Fuels — 9.5%* | *Oil, Gas & Consumable Fuels — 9.5%* | *Oil, Gas & Consumable Fuels — 9.5%* |
| &nbsp;&nbsp;&nbsp; Enbridge Inc. | &nbsp;&nbsp; 40063 | &nbsp;&nbsp;&nbsp; 1916213<br>|
| &nbsp;&nbsp;&nbsp; EQT Corp. | &nbsp;&nbsp; 11219 | &nbsp;&nbsp;&nbsp; 601338<br>|
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp; 35500 | &nbsp;&nbsp;&nbsp; 4272070<br>|
| &nbsp;&nbsp;&nbsp; Williams Cos. Inc. | &nbsp;&nbsp; 61486 | &nbsp;&nbsp;&nbsp; 3695924<br>|
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **10485545** |
| **Financials — 14.7%** | **Financials — 14.7%** | **Financials — 14.7%** |
| *Banks — 4.0%* | *Banks — 4.0%* | *Banks — 4.0%* |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | &nbsp;&nbsp; 8736 | &nbsp;&nbsp;&nbsp; 2814914<br>|
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc. | &nbsp;&nbsp; 7706 | &nbsp;&nbsp;&nbsp; 1608473<br>|
| *Total Banks* | *Total Banks* | &nbsp;&nbsp; *4423387* |
| *Consumer Finance — 1.7%* | *Consumer Finance — 1.7%* | *Consumer Finance — 1.7%* |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. | &nbsp;&nbsp; 7626 | &nbsp;&nbsp;&nbsp; *1848237*<br>|
| *Financial Services — 3.9%* | *Financial Services — 3.9%* | *Financial Services — 3.9%* |
| &nbsp;&nbsp;&nbsp; Apollo Global Management Inc. | &nbsp;&nbsp; 15597 | &nbsp;&nbsp;&nbsp; 2257822<br>|
| &nbsp;&nbsp;&nbsp; Visa Inc., Class A Shares | &nbsp;&nbsp; 6056 | &nbsp;&nbsp;&nbsp; 2123900<br>|
| *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *4381722* |

---

See Notes to Schedules of Investments.

------

ClearBridge ETFs 2025 Quarterly Report

------

Schedules of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin ClearBridge Enhanced Income ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Insurance — 5.1%* | *Insurance — 5.1%* | *Insurance — 5.1%* |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos. Inc. | &nbsp;&nbsp; 8737 | &nbsp;&nbsp;&nbsp; $1620888<br>|
| &nbsp;&nbsp;&nbsp; MetLife Inc. | &nbsp;&nbsp; 26397 | &nbsp;&nbsp;&nbsp; 2083779<br>|
| &nbsp;&nbsp;&nbsp; Travelers Cos. Inc. | &nbsp;&nbsp; 6664 | &nbsp;&nbsp;&nbsp; 1932960<br>|
| *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *5637627* |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **16290973** |
| **Health Care — 11.4%** | **Health Care — 11.4%** | **Health Care — 11.4%** |
| *Health Care Equipment & Supplies — 2.7%* | *Health Care Equipment & Supplies — 2.7%* | *Health Care Equipment & Supplies — 2.7%* |
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co. | &nbsp;&nbsp; 15612 | &nbsp;&nbsp;&nbsp; *3029821*<br>|
| *Health Care Providers & Services — 2.4%* | *Health Care Providers & Services — 2.4%* | *Health Care Providers & Services — 2.4%* |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. | &nbsp;&nbsp; 22923 | &nbsp;&nbsp;&nbsp; 1819169<br>|
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc. | &nbsp;&nbsp; 2550 | &nbsp;&nbsp;&nbsp; 841781<br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *2660950* |
| *Pharmaceuticals — 6.3%* | *Pharmaceuticals — 6.3%* | *Pharmaceuticals — 6.3%* |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC, ADR | &nbsp;&nbsp; 16273 | &nbsp;&nbsp;&nbsp; 1495977<br>|
| &nbsp;&nbsp;&nbsp; Haleon PLC, ADR | &nbsp;&nbsp; 220565 | &nbsp;&nbsp;&nbsp; 2229912<br>|
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp; 8908 | &nbsp;&nbsp;&nbsp; 1843511<br>|
| &nbsp;&nbsp;&nbsp; Roche Holding AG, ADR | &nbsp;&nbsp; 27250 | &nbsp;&nbsp;&nbsp; 1405282<br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *6974682* |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **12665453** |
| **Industrials — 10.6%** | **Industrials — 10.6%** | **Industrials — 10.6%** |
| *Aerospace & Defense — 4.3%* | *Aerospace & Defense — 4.3%* | *Aerospace & Defense — 4.3%* |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies Inc. | &nbsp;&nbsp; 5554 | &nbsp;&nbsp;&nbsp; 1630488<br>|
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. | &nbsp;&nbsp; 2640 | &nbsp;&nbsp;&nbsp; 1505354<br>|
| &nbsp;&nbsp;&nbsp; RTX Corp. | &nbsp;&nbsp; 8679 | &nbsp;&nbsp;&nbsp; 1591729<br>|
| *Total Aerospace & Defense* | *Total Aerospace & Defense* | &nbsp;&nbsp; *4727571* |
| *Commercial Services & Supplies — 1.6%* | *Commercial Services & Supplies — 1.6%* | *Commercial Services & Supplies — 1.6%* |
| &nbsp;&nbsp;&nbsp; Waste Management Inc. | &nbsp;&nbsp; 8087 | &nbsp;&nbsp;&nbsp; *1776795*<br>|
| *Ground Transportation — 3.2%* | *Ground Transportation — 3.2%* | *Ground Transportation — 3.2%* |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc. | &nbsp;&nbsp; 7441 | &nbsp;&nbsp;&nbsp; 1166749<br>|
| &nbsp;&nbsp;&nbsp; Union Pacific Corp. | &nbsp;&nbsp; 10250 | &nbsp;&nbsp;&nbsp; 2371030<br>|
| *Total Ground Transportation* | *Total Ground Transportation* | &nbsp;&nbsp; *3537779* |
| *Professional Services — 1.5%* | *Professional Services — 1.5%* | *Professional Services — 1.5%* |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc. | &nbsp;&nbsp; 6468 | &nbsp;&nbsp;&nbsp; *1663763*<br>|
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **11705908** |
| **Information Technology — 14.8%** | **Information Technology — 14.8%** | **Information Technology — 14.8%** |
| *Electronic Equipment, Instruments & Components — 1.5%* | *Electronic Equipment, Instruments & Components — 1.5%* | *Electronic Equipment, Instruments & Components — 1.5%* |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC | &nbsp;&nbsp; 7398 | &nbsp;&nbsp;&nbsp; *1683119*<br>|
| *Semiconductors & Semiconductor Equipment — 6.5%* | *Semiconductors & Semiconductor Equipment — 6.5%* | *Semiconductors & Semiconductor Equipment — 6.5%* |
| &nbsp;&nbsp;&nbsp; Broadcom Inc. | &nbsp;&nbsp; 12183 | &nbsp;&nbsp;&nbsp; 4216536<br>|
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc. | &nbsp;&nbsp; 17000 | &nbsp;&nbsp;&nbsp; 2949330<br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *7165866* |
| *Software — 5.0%* | *Software — 5.0%* | *Software — 5.0%* |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp; 9483 | &nbsp;&nbsp;&nbsp; 4586169<br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 5076 | &nbsp;&nbsp;&nbsp; 989363<br>|
| *Total Software* | *Total Software* | &nbsp;&nbsp; *5575532* |

---

See Notes to Schedules of Investments.

------

ClearBridge ETFs 2025 Quarterly Report

------

 **Franklin ClearBridge Enhanced Income ETF**

(Percentages shown based on Fund net assets)

---

| | | | |
|:---|:---|:---|:---|
| Security |  | Shares | Value |
| *Technology Hardware, Storage & Peripherals — 1.8%* | *Technology Hardware, Storage & Peripherals — 1.8%* | *Technology Hardware, Storage & Peripherals — 1.8%* | *Technology Hardware, Storage & Peripherals — 1.8%* |
| &nbsp;&nbsp;&nbsp; Apple Inc. | &nbsp;&nbsp;&nbsp; Apple Inc. | &nbsp;&nbsp; 7488 | &nbsp;&nbsp;&nbsp; $*2035688*<br>|
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **16460205** |
| **Materials — 7.2%** | **Materials — 7.2%** | **Materials — 7.2%** | **Materials — 7.2%** |
| *Chemicals — 4.2%* | *Chemicals — 4.2%* | *Chemicals — 4.2%* | *Chemicals — 4.2%* |
| &nbsp;&nbsp;&nbsp; Air Products & Chemicals Inc. | &nbsp;&nbsp;&nbsp; Air Products & Chemicals Inc. | &nbsp;&nbsp; 11005 | &nbsp;&nbsp;&nbsp; 2718455<br>|
| &nbsp;&nbsp;&nbsp; Linde PLC | &nbsp;&nbsp;&nbsp; Linde PLC | &nbsp;&nbsp; 4520 | &nbsp;&nbsp;&nbsp; 1927283<br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *4645738* |
| *Construction Materials — 1.7%* | *Construction Materials — 1.7%* | *Construction Materials — 1.7%* | *Construction Materials — 1.7%* |
| &nbsp;&nbsp;&nbsp; Vulcan Materials Co. | &nbsp;&nbsp;&nbsp; Vulcan Materials Co. | &nbsp;&nbsp; 6634 | &nbsp;&nbsp;&nbsp; *1892149*<br>|
| *Metals & Mining — 1.3%* | *Metals & Mining — 1.3%* | *Metals & Mining — 1.3%* | *Metals & Mining — 1.3%* |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc. | &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc. | &nbsp;&nbsp; 28109 | &nbsp;&nbsp;&nbsp; *1427656*<br>|
| **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **7965543** |
| **Real Estate — 5.0%** | **Real Estate — 5.0%** | **Real Estate — 5.0%** | **Real Estate — 5.0%** |
| *Residential REITs — 1.6%* | *Residential REITs — 1.6%* | *Residential REITs — 1.6%* | *Residential REITs — 1.6%* |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc. | &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc. | &nbsp;&nbsp; 9695 | &nbsp;&nbsp;&nbsp; *1757801*<br>|
| *Specialized REITs — 3.4%* | *Specialized REITs — 3.4%* | *Specialized REITs — 3.4%* | *Specialized REITs — 3.4%* |
| &nbsp;&nbsp;&nbsp; American Tower Corp. | &nbsp;&nbsp;&nbsp; American Tower Corp. | &nbsp;&nbsp; 9858 | &nbsp;&nbsp;&nbsp; 1730769<br>|
| &nbsp;&nbsp;&nbsp; Public Storage | &nbsp;&nbsp;&nbsp; Public Storage | &nbsp;&nbsp; 7980 | &nbsp;&nbsp;&nbsp; 2070810<br>|
| *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | &nbsp;&nbsp; *3801579* |
| **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **5559380** |
| **Utilities — 3.8%** | **Utilities — 3.8%** | **Utilities — 3.8%** | **Utilities — 3.8%** |
| *Electric Utilities — 1.0%* | *Electric Utilities — 1.0%* | *Electric Utilities — 1.0%* | *Electric Utilities — 1.0%* |
| &nbsp;&nbsp;&nbsp; PG&E Corp. | &nbsp;&nbsp;&nbsp; PG&E Corp. | &nbsp;&nbsp; 66477 | &nbsp;&nbsp;&nbsp; *1068285*<br>|
| *Multi-Utilities — 2.8%* | *Multi-Utilities — 2.8%* | *Multi-Utilities — 2.8%* | *Multi-Utilities — 2.8%* |
| &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp; 8554 | &nbsp;&nbsp;&nbsp; 1103295<br>|
| &nbsp;&nbsp;&nbsp; Sempra | &nbsp;&nbsp;&nbsp; Sempra | &nbsp;&nbsp; 23451 | &nbsp;&nbsp;&nbsp; 2070489<br>|
| *Total Multi-Utilities* | *Total Multi-Utilities* | *Total Multi-Utilities* | &nbsp;&nbsp; *3173784* |
| **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **4242069** |
| **Total Investments before Short-Term Investments (Cost — $94,678,833)** | **Total Investments before Short-Term Investments (Cost — $94,678,833)** | **Total Investments before Short-Term Investments (Cost — $94,678,833)** | &nbsp;&nbsp; **110225236** |
|  | Rate |  |  |
| **Short-Term Investments — 0.7%** | **Short-Term Investments — 0.7%** | **Short-Term Investments — 0.7%** | **Short-Term Investments — 0.7%** |
| &nbsp;&nbsp;&nbsp; JPMorgan 100% U.S. Treasury Securities Money Market Fund, Institutional Class <br> (Cost — $760,913)  | &nbsp;&nbsp; 3.609% | &nbsp;&nbsp; 760913<br>| &nbsp;&nbsp;&nbsp;&nbsp; **760913**<br> <sup>(a)</sup><br>|
| **Total Investments — 100.0% (Cost — $95,439,746)** | **Total Investments — 100.0% (Cost — $95,439,746)** | **Total Investments — 100.0% (Cost — $95,439,746)** | &nbsp;&nbsp; **110986149** |
| &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.0%†† | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.0%†† | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.0%†† | &nbsp;&nbsp;&nbsp; 26728 |
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$111012877** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| †† | Represents less than 0.1%. |
| <sup>(a)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| ADR |  | American Depositary Receipts |

---

See Notes to Schedules of Investments.

------

ClearBridge ETFs 2025 Quarterly Report

------

Schedules of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin ClearBridge Enhanced Income ETF**

At December 31, 2025, the Fund had the following open written options contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Exchange-Traded Written Options** | **Exchange-Traded Written Options** | **Exchange-Traded Written Options** | **Exchange-Traded Written Options** | **Exchange-Traded Written Options** | **Exchange-Traded Written Options** |
| Security | &nbsp;&nbsp;&nbsp; Expiration <br>Date<br>| &nbsp;&nbsp;&nbsp; Strike <br>Price<br>| Contracts | &nbsp;&nbsp;&nbsp; Notional <br>Amount<br>| Value |
| S&P 500 Index, Call | &nbsp;&nbsp;&nbsp;&nbsp; 1/2/26 | &nbsp;&nbsp;&nbsp;&nbsp; $7125.000 | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; $18482850 | &nbsp;&nbsp;&nbsp;&nbsp; $(81) |
| S&P 500 Index, Call | &nbsp;&nbsp;&nbsp;&nbsp; 1/9/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7150.000 | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 18482850 | &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;(540) |
| S&P 500 Index, Call | &nbsp;&nbsp;&nbsp;&nbsp; 1/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7075.000 | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 17113750 | &nbsp;&nbsp;&nbsp;&nbsp; (7750) |
| S&P 500 Index, Call | &nbsp;&nbsp;&nbsp;&nbsp; 1/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7100.000 | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 19167400 | &nbsp;&nbsp;&nbsp;&nbsp; (15036) |
| S&P 500 Index, Call | &nbsp;&nbsp;&nbsp;&nbsp; 1/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7175.000 | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 18482850 | &nbsp;&nbsp;&nbsp;&nbsp; (14040) |
| **Total Exchange-Traded Written Options (Premiums received — $233,101)** | **Total Exchange-Traded Written Options (Premiums received — $233,101)** | **Total Exchange-Traded Written Options (Premiums received — $233,101)** | **Total Exchange-Traded Written Options (Premiums received — $233,101)** | **Total Exchange-Traded Written Options (Premiums received — $233,101)** | &nbsp;&nbsp;&nbsp; **$(37447)** |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedules of Investments.

------

ClearBridge ETFs 2025 Quarterly Report

------

Schedules of Investments (unaudited) (cont'd)

December 31, 2025

 **ClearBridge Large Cap Growth Select ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| **Common Stocks — 99.1%** | **Common Stocks — 99.1%** | **Common Stocks — 99.1%** |
| **Communication Services — 11.9%** | **Communication Services — 11.9%** | **Communication Services — 11.9%** |
| *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* |
| &nbsp;&nbsp;&nbsp; GCI Liberty Inc., Class A Shares (Escrow) | &nbsp;&nbsp; 3549 | &nbsp;&nbsp;&nbsp; $*7*<br> \*<sup>(a)(b)</sup><br>|
| *Entertainment — 3.7%* | *Entertainment — 3.7%* | *Entertainment — 3.7%* |
| &nbsp;&nbsp;&nbsp; Netflix Inc. | &nbsp;&nbsp; 169310 | &nbsp;&nbsp;&nbsp; *15,874,506*<br> \*<br>|
| *Interactive Media & Services — 8.2%* | *Interactive Media & Services — 8.2%* | *Interactive Media & Services — 8.2%* |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Class A Shares | &nbsp;&nbsp; 53968 | &nbsp;&nbsp;&nbsp; *35623737*<br>|
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **51498250** |
| **Consumer Discretionary — 18.8%** | **Consumer Discretionary — 18.8%** | **Consumer Discretionary — 18.8%** |
| *Automobiles — 5.6%* | *Automobiles — 5.6%* | *Automobiles — 5.6%* |
| &nbsp;&nbsp;&nbsp; Tesla Inc. | &nbsp;&nbsp; 53702 | &nbsp;&nbsp;&nbsp; *24,150,863*<br> \*<br>|
| *Broadline Retail — 8.5%* | *Broadline Retail — 8.5%* | *Broadline Retail — 8.5%* |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc. | &nbsp;&nbsp; 159271 | &nbsp;&nbsp;&nbsp; *36,762,932*<br> \*<br>|
| *Hotels, Restaurants & Leisure — 4.7%* | *Hotels, Restaurants & Leisure — 4.7%* | *Hotels, Restaurants & Leisure — 4.7%* |
| &nbsp;&nbsp;&nbsp; Airbnb Inc., Class A Shares | &nbsp;&nbsp; 93787 | &nbsp;&nbsp;&nbsp; 12,728,772<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc. | &nbsp;&nbsp; 215000 | &nbsp;&nbsp;&nbsp; 7,955,000<br> \*<br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *20683772* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **81597567** |
| **Consumer Staples — 1.8%** | **Consumer Staples — 1.8%** | **Consumer Staples — 1.8%** |
| *Beverages — 1.8%* | *Beverages — 1.8%* | *Beverages — 1.8%* |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp. | &nbsp;&nbsp; 104100 | &nbsp;&nbsp;&nbsp; **7,981,347**<br> \*<br>|
| **Financials — 6.8%** | **Financials — 6.8%** | **Financials — 6.8%** |
| *Financial Services — 4.7%* | *Financial Services — 4.7%* | *Financial Services — 4.7%* |
| &nbsp;&nbsp;&nbsp; Visa Inc., Class A Shares | &nbsp;&nbsp; 57624 | &nbsp;&nbsp;&nbsp; *20209313*<br>|
| *Insurance — 2.1%* | *Insurance — 2.1%* | *Insurance — 2.1%* |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos. Inc. | &nbsp;&nbsp; 50397 | &nbsp;&nbsp;&nbsp; *9349652*<br>|
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **29558965** |
| **Health Care — 7.5%** | **Health Care — 7.5%** | **Health Care — 7.5%** |
| *Biotechnology — 1.7%* | *Biotechnology — 1.7%* | *Biotechnology — 1.7%* |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc. | &nbsp;&nbsp; 15849 | &nbsp;&nbsp;&nbsp; *7,185,303*<br> \*<br>|
| *Health Care Equipment & Supplies — 3.2%* | *Health Care Equipment & Supplies — 3.2%* | *Health Care Equipment & Supplies — 3.2%* |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc. | &nbsp;&nbsp; 24414 | &nbsp;&nbsp;&nbsp; *13,827,113*<br> \*<br>|
| *Life Sciences Tools & Services — 2.6%* | *Life Sciences Tools & Services — 2.6%* | *Life Sciences Tools & Services — 2.6%* |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc. | &nbsp;&nbsp; 19772 | &nbsp;&nbsp;&nbsp; *11456885*<br>|
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **32469301** |
| **Industrials — 4.2%** | **Industrials — 4.2%** | **Industrials — 4.2%** |
| *Electrical Equipment — 2.7%* | *Electrical Equipment — 2.7%* | *Electrical Equipment — 2.7%* |
| &nbsp;&nbsp;&nbsp; Eaton Corp. PLC | &nbsp;&nbsp; 37098 | &nbsp;&nbsp;&nbsp; *11816084*<br>|
| *Ground Transportation — 1.5%* | *Ground Transportation — 1.5%* | *Ground Transportation — 1.5%* |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc. | &nbsp;&nbsp; 75701 | &nbsp;&nbsp;&nbsp; *6,185,529*<br> \*<br>|
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **18001613** |
| **Information Technology — 45.4%** | **Information Technology — 45.4%** | **Information Technology — 45.4%** |
| *Semiconductors & Semiconductor Equipment — 22.1%* | *Semiconductors & Semiconductor Equipment — 22.1%* | *Semiconductors & Semiconductor Equipment — 22.1%* |
| &nbsp;&nbsp;&nbsp; ASML Holding NV, Registered Shares | &nbsp;&nbsp; 10358 | &nbsp;&nbsp;&nbsp; 11081610<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 371171 | &nbsp;&nbsp;&nbsp; 69223391<br>|
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp; 51219 | &nbsp;&nbsp;&nbsp; 15564942<br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *95869943* |

---

See Notes to Schedules of Investments.

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ClearBridge ETFs 2025 Quarterly Report

------

Schedules of Investments (unaudited) (cont'd)

December 31, 2025

 **ClearBridge Large Cap Growth Select ETF**

(Percentages shown based on Fund net assets)

---

| | | | |
|:---|:---|:---|:---|
| Security |  | Shares | Value |
| *Software — 14.3%* | *Software — 14.3%* | *Software — 14.3%* | *Software — 14.3%* |
| &nbsp;&nbsp;&nbsp; Datadog Inc., Class A Shares | &nbsp;&nbsp;&nbsp; Datadog Inc., Class A Shares | &nbsp;&nbsp; 32090 | &nbsp;&nbsp;&nbsp; $4,363,919<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Intuit Inc. | &nbsp;&nbsp;&nbsp; Intuit Inc. | &nbsp;&nbsp; 17434 | &nbsp;&nbsp;&nbsp; 11548630<br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 71312 | &nbsp;&nbsp;&nbsp; 13899422<br>|
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc. | &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc. | &nbsp;&nbsp; 79467 | &nbsp;&nbsp;&nbsp; 14,637,822<br> \*<br>|
| &nbsp;&nbsp;&nbsp; ServiceNow Inc. | &nbsp;&nbsp;&nbsp; ServiceNow Inc. | &nbsp;&nbsp; 51790 | &nbsp;&nbsp;&nbsp; 7,933,710<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Synopsys Inc. | &nbsp;&nbsp;&nbsp; Synopsys Inc. | &nbsp;&nbsp; 20338 | &nbsp;&nbsp;&nbsp; 9,553,165<br> \*<br>|
| *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *61936668* |
| *Technology Hardware, Storage & Peripherals — 9.0%* | *Technology Hardware, Storage & Peripherals — 9.0%* | *Technology Hardware, Storage & Peripherals — 9.0%* | *Technology Hardware, Storage & Peripherals — 9.0%* |
| &nbsp;&nbsp;&nbsp; Apple Inc. | &nbsp;&nbsp;&nbsp; Apple Inc. | &nbsp;&nbsp; 144007 | &nbsp;&nbsp;&nbsp; *39149743*<br>|
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **196956354** |
| **Materials — 2.7%** | **Materials — 2.7%** | **Materials — 2.7%** | **Materials — 2.7%** |
| *Chemicals — 2.7%* | *Chemicals — 2.7%* | *Chemicals — 2.7%* | *Chemicals — 2.7%* |
| &nbsp;&nbsp;&nbsp; Linde PLC | &nbsp;&nbsp;&nbsp; Linde PLC | &nbsp;&nbsp; 8000 | &nbsp;&nbsp;&nbsp; 3411120<br>|
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co. | &nbsp;&nbsp;&nbsp; Sherwin-Williams Co. | &nbsp;&nbsp; 25045 | &nbsp;&nbsp;&nbsp; 8115331<br>|
| **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **11526451** |
| **Total Investments before Short-Term Investments (Cost — $305,695,164)** | **Total Investments before Short-Term Investments (Cost — $305,695,164)** | **Total Investments before Short-Term Investments (Cost — $305,695,164)** | &nbsp;&nbsp; **429589848** |
|  | Rate |  |  |
| **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** |
| &nbsp;&nbsp;&nbsp; JPMorgan 100% U.S. Treasury Securities Money Market Fund, Institutional Class <br> (Cost — $3,847,555)  | &nbsp;&nbsp; 3.609% | &nbsp;&nbsp; 3847555<br>| &nbsp;&nbsp;&nbsp;&nbsp; **3847555**<br> <sup>(c)</sup><br>|
| **Total Investments — 100.0% (Cost — $309,542,719)** | **Total Investments — 100.0% (Cost — $309,542,719)** | **Total Investments — 100.0% (Cost — $309,542,719)** | &nbsp;&nbsp; **433437403** |
| &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.0)%†† | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.0)%†† | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (0.0)%†† | &nbsp;&nbsp;&nbsp; (108480)<br>|
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$433328923** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is fair valued in accordance with procedures approved by the Board of Trustees (Note 1). |
| <sup>(b)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(c)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| ADR |  | American Depositary Receipts |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedules of Investments.

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ClearBridge ETFs 2025 Quarterly Report

------

Notes to Schedules of Investments (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1. Organization and significant accounting policies** 

Franklin ClearBridge Enhanced Income ETF ("Enhanced Income ETF'') and ClearBridge Large Cap Growth Select ETF ("Large Cap Growth Select ETF") (formerly ClearBridge Large Cap Growth ESG ETF) (the "Funds") are separate investment series of Legg Mason ETF Investment Trust (the "Trust"). Enhanced Income ETF is a separate diversified investment series of the Trust. Large Cap Growth Select ETF is a separate non-diversified investment series of the Trust. The Trust, a Maryland statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company.

The Funds are actively managed exchange-traded funds ("ETFs"). ETFs are funds that trade like other publicly-traded securities. Unlike shares of a mutual fund, which can be bought from and redeemed by the issuing fund by all shareholders at a price based on net asset value ("NAV"), shares of the Funds may be directly purchased from and redeemed by the Funds at NAV solely by certain large institutional investors who have entered into agreements with the Funds' distributor ("Authorized Participants"). Also unlike shares of a mutual fund, shares of the Funds are listed on a national securities exchange and trade in the secondary market at market prices that change throughout the day.

Shares of the Funds are listed and traded at market prices on NASDAQ. The market price for a Fund's shares may be different from a Fund's NAV. The Funds issue and redeem shares at NAV only in blocks of a specified number of shares or multiples thereof ("Creation Units"). Only Authorized Participants may purchase or redeem Creation Units directly with the Funds at NAV. Creation Units are created and redeemed principally in-kind (although under some circumstances its shares are created and redeemed partially for cash). Except when aggregated in Creation Units, shares of the Funds are not redeemable securities. Shareholders who are not Authorized Participants may not redeem shares directly from the Funds at NAV.

The Funds follow the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Funds and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. When the Funds hold securities or other assets that are denominated in a foreign currency, the Funds will use the currency exchange rates, generally determined as of 4:00 p.m. (London Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before each Fund calculate its net asset value, the Funds value these securities as determined in accordance with procedures approved by the Funds' Board of Trustees (the "Board").

Pursuant to policies adopted by the Board, the Funds' manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Funds' manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Funds' pricing policies, and reporting to the Funds' manager and the Board. When determining the reliability of third party pricing information for investments owned by the Funds, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it

------

ClearBridge ETFs 2025 Quarterly Report

------

Notes to Schedules of Investments (unaudited) (cont'd)

deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Funds use valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Funds' own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Funds' assets carried at fair value:

**Enhanced Income ETF** <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Common Stocks† | &nbsp;&nbsp; $110225236 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $110225236 |
| Short-Term Investments† | &nbsp;&nbsp; 760913 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 760913 |
| **Total Investments** | &nbsp;&nbsp; **$110986149** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$110986149** |
| **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Written Options | &nbsp;&nbsp; $37447 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $37447 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

† See Schedule of Investments for additional detailed categorizations.

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ClearBridge ETFs 2025 Quarterly Report

------

**Large Cap Growth Select ETF** <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | &nbsp;&nbsp; $51498243 | &nbsp;&nbsp; — | &nbsp;&nbsp; $7 | &nbsp;&nbsp; $51498250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Common Stocks | &nbsp;&nbsp; 378091598 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 378091598 |
| Total Long-Term Investments | &nbsp;&nbsp; 429589841 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7 | &nbsp;&nbsp; 429589848 |
| Short-Term Investments† | &nbsp;&nbsp; 3847555 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3847555 |
| **Total Investments** | &nbsp;&nbsp; **$433437396** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$7** | &nbsp;&nbsp; **$433437403** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

† See Schedule of Investments for additional detailed categorizations.

------

ClearBridge ETFs 2025 Quarterly Report

------

## 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 ETF Investment Trust

- **b. Investment Company Act file number:** 811-23096

- **c. CIK number of Registrant:** 0001645194

- **d. LEI of Registrant:** 549300D7ZZ1A7JJ9G964

- **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 Large Cap Growth Select ETF

- **b. EDGAR series identifier (if any):** S000057700

- **c. LEI of Series:** 549300205FCQAQR6CH35

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $433502186.64

**Total Liabilities:** $173263.53

**Net Assets:** $433328923.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186075 | 3.05%                | -4.78%               | 0.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3135973.90              | $10507032.99                               |
| Month 2  | $1185489.22              | $-22754629.93                              |
| Month 3  | $1920635.75              | $1457813.54                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Visa Inc                                               | Visa Inc                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     57624 | NS      | $20209313.04  | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                                 | Palo Alto Networks Inc                                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     79467 | NS      | $14637821.40  | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                           | Thermo Fisher Scientific Inc                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     19772 | NS      | $11456885.40  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                                   | Taiwan Semiconductor Manufacturing Co Ltd              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     51219 | NS      | $15564941.91  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                            | Netflix Inc                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    169310 | NS      | $15874505.60  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                           | Synopsys Inc                                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     20338 | NS      | $9553165.36   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                              | Linde PLC                                              | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |      8000 | NS      | $3411120.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                        | ASML Holding NV                                        | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     10358 | NS      | $11081609.88  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                            | NVIDIA Corp                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    371171 | NS      | $69223391.50  | 15.97%            |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                             | Intuit Inc                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     17434 | NS      | $11548630.28  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                     | Meta Platforms Inc                                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     53968 | NS      | $35623737.12  | 8.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                         | Amazon.com Inc                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    159271 | NS      | $36762932.22  | 8.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                         | ServiceNow Inc                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     51790 | NS      | $7933710.10   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                                | Sherwin-Williams Co/The                                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     25045 | NS      | $8115331.35   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                                  | Monster Beverage Corp                                  | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    104100 | NS      | $7981347.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                              | Tesla Inc                                              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     53702 | NS      | $24150863.44  | 5.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                             | Airbnb Inc                                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     93787 | NS      | $12728771.64  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                              | Apple Inc                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    144007 | NS      | $39149743.02  | 9.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                             | Chipotle Mexican Grill Inc                             | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |    215000 | NS      | $7955000.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                            | Oracle Corp                                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     71312 | NS      | $13899421.92  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                                            | Datadog Inc                                            | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     32090 | NS      | $4363919.10   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                               | Marsh & McLennan Cos Inc                               | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     50397 | NS      | $9349651.44   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI LIBERTY INC                                        | GCI LIBERTY INC ESCROW SHARE                           | CUSIP: 361ESC049<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3549 | NS      | $7.10         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Vertex Pharmaceuticals Inc                             | Vertex Pharmaceuticals Inc                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     15849 | NS      | $7185302.64   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                 | Intuitive Surgical Inc                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     24414 | NS      | $13827113.04  | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                  | Uber Technologies Inc                                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     75701 | NS      | $6185528.71   | 1.43%             |  |  |  | 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        |   3847555 | NS      | $3847555.15   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                         | Eaton Corp PLC                                         | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     37098 | NS      | $11816083.98  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** Legg Mason ETF Investment Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer