# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0001752724-25-203556
**Filing Date:** 2025-8
**Character Count:** 15914
**Document Hash:** 327944d70522e521c75f0ac9c0dfad2f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203556.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203556

**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:** 251253249

**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

### Franklin Templeton Moderately Aggressive Model Portfolio (Series ID: S000068274)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218580 | Class II     | QLMADX          |
| C000218581 | Class I      | QLMACX          |

## 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:** Franklin Templeton Moderately Aggressive Model Portfolio

- **b. EDGAR series identifier (if any):** S000068274

- **c. LEI of Series:** 5493001JQ7JYNCZAGH30

**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:** $2471112835.72

**Total Liabilities:** $729596.80

**Net Assets:** $2470383238.92

**Cash Not Reported:** $1116910.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218581 | 0.00%                | 4.24%                | 4.01%                |
| Class ID C000218580 | 0.00%                | 4.18%                | 3.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2679498.36             | $-1919554.89                               |
| Month 2  | $4622571.72              | $86443856.67                               |
| Month 3  | $526420.98               | $78197416.14                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity VIP Emerging Markets Portfolio                                   | Fidelity VIP Emerging Markets Portfolio                                   | CUSIP: 922177324<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2769019 | NS      | $36800259.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO International Bond Portfolio U.S. Dollar-Hedged                     | PIMCO International Bond Portfolio U.S. Dollar-Hedged                     | CUSIP: 693394694<br>LEI: 549300P9300R3FCSTO42 | Long             | EC               | RF                | US        |   2398320 | NS      | $24031168.79  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco VI EQV International Equity Fund                                  | Invesco VI EQV International Equity Fund                                  | CUSIP: 008892507<br>LEI: 549300OD9RBN8ENNHU41 | Long             | EC               | RF                | US        |   1287875 | NS      | $48179395.33  | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| PIMCO VIT Total Return Portfolio                                          | PIMCO VIT Total Return Portfolio                                          | CUSIP: 693394785<br>LEI: WXIJUDZ58N7QM7IEFC20 | Long             | EC               | RF                | US        |   7889775 | NS      | $73059319.66  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco VI Main Street Small Cap Fund                                     | Invesco VI Main Street Small Cap Fund                                     | CUSIP: 00900X793<br>LEI: 549300ZLHE7V68FQT714 | Long             | EC               | CORP              | US        |    821436 | NS      | $24273447.39  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| MainStay VP Eagle Small Growth Init                                       | MainStay VP Eagle Small Growth Init                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2088640 | NS      | $24500377.19  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity US Bond Index Fund                                               | Fidelity US Bond Index Fund                                               | CUSIP: 316146356<br>LEI: 5VUJ0DJSDOFYE2WQN531 | Long             | EC               | RF                | US        |  22654077 | NS      | $236508562.24 | 9.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Variable Insurance Products - VIP Growth Opportunities Portfolio | Fidelity Variable Insurance Products - VIP Growth Opportunities Portfolio | CUSIP: 315802207<br>LEI: H39OKPBXOUBYCSFNP849 | Long             | EC               | RF                | US        |   1364011 | NS      | $121983525.19 | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NYLI VP MFS Investors Trust - Initial Class                               | NYLI VP MFS Investors Trust - Initial Class                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3577456 | NS      | $36788773.52  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds Treasury Trust Fund Portfolio                   | BlackRock Liquidity Funds Treasury Trust Fund Portfolio                   | CUSIP: 09248U551<br>LEI: 549300U5PI8CHFJM7202 | Long             | STIV             | RF                | US        |   8568286 | NS      | $8568286.15   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| American Funds IS The Bond Fd of Amer1A                                   | American Funds IS The Bond Fd of Amer1A                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  10864786 | NS      | $103215467.53 | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NYLI VP MFS Research - Initial Class                                      | NYLI VP MFS Research - Initial Class                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2423146 | NS      | $24653331.88  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MainStay VP MacKay Common Stock Initl                                     | MainStay VP MacKay Common Stock Initl                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2506317 | NS      | $85703753.44  | 3.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Voya Growth and Income Portfolio                                          | Voya Growth and Income Portfolio                                          | CUSIP: 92913H105<br>LEI: EGZJ3ZLULHRUEQW4E910 | Long             | EC               | RF                | US        |   8017962 | NS      | $174230311.33 | 7.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MainStay VP MacKay Intl Eq Initl                                          | MainStay VP MacKay Intl Eq Initl                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1955458 | NS      | $23700547.76  | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity VIP Investment Grade Bd II Init                                  | Fidelity VIP Investment Grade Bd II Init                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  13878064 | NS      | $133090634.64 | 5.39%             |  |  |  | No            |                  2 | On Loan: No      |
| American Funds IS Growth 1A                                               | American Funds IS Growth 1A                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1178860 | NS      | $150281049.60 | 6.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie VIP Small Cap Value Series                                      | Macquarie VIP Small Cap Value Series                                      | CUSIP: 246493670<br>LEI: 549300V02QTMX38GSE96 | Long             | EC               | RF                | US        |   1313733 | NS      | $48594984.22  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| American Funds IS US Government Secs 1A                                   | American Funds IS US Government Secs 1A                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   7953202 | NS      | $78816228.33  | 3.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ClearBridge Variable Appreciation Portfolio                               | ClearBridge Variable Appreciation Portfolio                               | CUSIP: 52467W882<br>LEI: 549300JPS8VIXKYYNE50 | Long             | EC               | RF                | US        |   1994716 | NS      | $135580826.33 | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MainStay VP Epoch US Equity Yield Initl                                   | MainStay VP Epoch US Equity Yield Initl                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   3180504 | NS      | $61066001.26  | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| NYLI VP Newton Technology Growth - Initial Class                          | NYLI VP Newton Technology Growth - Initial Class                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   8536933 | NS      | $90564908.27  | 3.67%             |  |  |  | No            |                  2 | On Loan: No      |
| AB VPS Relative Value Portfolio Class A                                   | AB VPS Relative Value Portfolio Class A                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1473961 | NS      | $48788120.92  | 1.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity VIP Equity Income Portfolio                                      | Fidelity VIP Equity Income Portfolio                                      | CUSIP: 922174305<br>LEI: N/A                  | Long             | EC               | RF                | US        |   3827577 | NS      | $109430428.83 | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam VT International Value Fund                                        | Putnam VT International Value Fund                                        | CUSIP: 746896844<br>LEI: TNUK5E0XNNLQBFCQD252 | Long             | EC               | RF                | US        |   3312640 | NS      | $48397677.49  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity International Index Fund                                         | Fidelity International Index Fund                                         | CUSIP: 315911727<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2119293 | NS      | $121499055.13 | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity 500 Index Fund                                                   | Fidelity 500 Index Fund                                                   | CUSIP: 315911750<br>LEI: VNHOOHES3TKXOTQ3FS51 | Long             | EC               | RF                | US        |   1148114 | NS      | $248118896.01 | 10.04%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock High Yield VI Fund                                              | BlackRock High Yield VI Fund                                              | CUSIP: 09258X107<br>LEI: UT2CQXX2NAVCUUUA7P13 | Long             | EC               | RF                | US        |  12139387 | NS      | $84854313.95  | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MainStay VP Large Cap Growth Init                                         | MainStay VP Large Cap Growth Init                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1850500 | NS      | $63190701.76  | 2.56%             |  |  |  | No            |                  2 | 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