# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0001752724-25-203561
**Filing Date:** 2025-8
**Character Count:** 23517
**Document Hash:** 3e2c297b0b23cdbe13341d36ea1ccfe6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203561.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203561

**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:** 251253257

**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 Growth Portfolio (Series ID: S000016933)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000047115 | Class I      | QLMGOX          |
| C000047116 | Class II     | QLMGTX          |

## 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 Growth Portfolio

- **b. EDGAR series identifier (if any):** S000016933

- **c. LEI of Series:** 549300XX7SJ7U4LN3L17

**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:** $146321183.81

**Total Liabilities:** $196069.72

**Net Assets:** $146125114.09

**Cash Not Reported:** $216098.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047116 | 4.00%                | 8.45%                | 5.23%                |
| Class ID C000047115 | 3.96%                | 8.48%                | 5.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $501769.71               | $4547804.17                                |
| Month 2  | $2209565.60              | $8748335.11                                |
| Month 3  | $1576686.62              | $5756682.19                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TE Connectivity PLC                                      | TE Connectivity PLC                                      | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     42272 | NS      | $7130018.24   | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                                     | Howmet Aerospace Inc                                     | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      4900 | NS      | $912037.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                                      | Axon Enterprise Inc                                      | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      2200 | NS      | $1821468.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For                           | Liberty Media Corp-Liberty Formula One                   | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22756 | NS      | $2378002.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                               | Chipotle Mexican Grill Inc                               | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45800 | NS      | $2571670.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                   | UNITEDHEALTH GROUP INC                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3812 | NS      | $1189229.64   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertai                           | Madison Square Garden Entertainment Corp                 | CUSIP: 558256103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25371 | NS      | $1014078.87   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                                     | Ares Management Corp                                     | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     18800 | NS      | $3256160.00   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                              | Cintas Corp                                              | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11200 | NS      | $2496144.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                                   | Paylocity Holding Corp                                   | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      4900 | NS      | $887831.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                                           | Cava Group Inc                                           | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13000 | NS      | $1094990.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                            | Hilton Worldwide Holdings Inc                            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      9800 | NS      | $2610132.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                                 | Crowdstrike Holdings Inc                                 | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     11475 | NS      | $5844332.25   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                           | Starbucks Corp                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     18800 | NS      | $1722644.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                              | Alnylam Pharmaceuticals Inc                              | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      5700 | NS      | $1858713.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Inc                                       | Cohen & Steers Inc                                       | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |     29606 | NS      | $2230812.10   | 1.53%             |  |  |  | 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        |    498350 | NS      | $498350.26    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                                   | TKO Group Holdings Inc                                   | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11301 | NS      | $2056216.95   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                             | BROADCOM INC                                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     34500 | NS      | $9509925.00   | 6.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                                        | Clean Harbors Inc                                        | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      6000 | NS      | $1387080.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                                             | Docusign Inc                                             | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     24216 | NS      | $1886184.24   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                                    | Robinhood Markets Inc                                    | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     38000 | NS      | $3557940.00   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                                        | Tractor Supply Co                                        | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     44300 | NS      | $2337711.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                                                 | MSCI Inc                                                 | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      5400 | NS      | $3114396.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI LIBERTY INC                                          | GCI LIBERTY INC ESCROW SHARE                             | CUSIP: 361ESC049<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66642 | NS      | $133.28       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Sherwin-Williams Co/The                                  | Sherwin-Williams Co/The                                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2000 | NS      | $686720.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc                            | Old Dominion Freight Line Inc                            | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     15700 | NS      | $2548110.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                            | Accenture PLC                                            | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      2746 | NS      | $820751.94    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                                             | Insulet Corp                                             | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      9371 | NS      | $2944180.78   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                            | AppLovin Corp                                            | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      6200 | NS      | $2170496.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International                           | Johnson Controls International plc                       | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     46962 | NS      | $4960126.44   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                                            | Snowflake Inc                                            | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     13561 | NS      | $3034544.97   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                           | ServiceNow Inc                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3200 | NS      | $3289856.00   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                               | Airbnb Inc                                               | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     23900 | NS      | $3162926.00   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTRAGENYX PHARMACEUTICAL IN                             | ULTRAGENYX PHARMACEUTICAL INC                            | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |     17133 | NS      | $622955.88    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                              | HubSpot Inc                                              | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      7911 | NS      | $4403499.93   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                              | Vistra Corp                                              | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     16000 | NS      | $3100960.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                                | Palantir Technologies Inc                                | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     10000 | NS      | $1363200.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                                   | IDEXX Laboratories Inc                                   | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      2800 | NS      | $1501752.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                          | TJX Cos Inc/The                                          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     38100 | NS      | $4704969.00   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                                       | Vertiv Holdings Co                                       | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     34300 | NS      | $4404463.00   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                                | L3Harris Technologies Inc                                | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     19039 | NS      | $4775742.76   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty Inc                                           | elf Beauty Inc                                           | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     13000 | NS      | $1617720.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                              | Shopify Inc                                              | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     23700 | NS      | $2733795.00   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                            | Pinterest Inc                                            | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97668 | NS      | $3502374.48   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports C                           | Madison Square Garden Sports Corp                        | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15764 | NS      | $3293887.80   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                                 | Builders FirstSource Inc                                 | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     10300 | NS      | $1201907.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEPORT-MCMORAN INC                                     | FREEPORT-MCMORAN INC                                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     68796 | NS      | $2982306.60   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                                             | Doximity Inc                                             | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31589 | NS      | $1937669.26   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                                          | WW Grainger Inc                                          | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      2600 | NS      | $2704624.00   | 1.85%             |  |  |  | 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        |    498350 | NS      | $498350.30    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC                               | VERTEX PHARMACEUTICALS INC                               | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     16368 | NS      | $7287033.60   | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK INC                                             | AUTODESK INC                                             | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     20880 | NS      | $6463821.60   | 4.42%             |  |  |  | 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