# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0000940400-26-007241
**Filing Date:** 2026-2
**Character Count:** 14833
**Document Hash:** ab4d909d5594e90a4af44b38b78d64ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007241.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000940400-26-007241

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**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:** 26664684

**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:** 2025-12-31

**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:** $2769187655.74

**Total Liabilities:** $864197.99

**Net Assets:** $2768323457.75

**Cash Not Reported:** $1125036.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218580 | 1.43%                | 0.26%                | 0.39%                |
| Class ID C000218581 | 1.48%                | 0.25%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4087376.26              | $-11542286.80                              |
| Month 2  | $0.00                    | $6582311.49                                |
| Month 3  | $0.00                    | $-50781226.00                              |

### 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 500 Index Fund                                 | Fidelity 500 Index Fund                                 | CUSIP: 315911750<br>LEI: VNHOOHES3TKXOTQ3FS51 | Long             | EC               | RF                | US        |   1320672 | NS      | $313950047.28 | 11.34%            |  |  |  | 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        |   2505533 | NS      | $27413034.06  | 0.99%             |  |  |  | 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        |   2383999 | NS      | $27573093.22  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity VIP Emerging Markets Portfolio                 | Fidelity VIP Emerging Markets Portfolio                 | CUSIP: 922177324<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2695583 | NS      | $42671075.95  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock High Yield VI Fund                            | BlackRock High Yield VI Fund                            | CUSIP: 09258X107<br>LEI: UT2CQXX2NAVCUUUA7P13 | Long             | EC               | RF                | US        |  13640250 | NS      | $96027358.54  | 3.47%             |  |  |  | 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        |  12280157 | NS      | $116047488.02 | 4.19%             |  |  |  | No            |                  1 | 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        |  15805726 | NS      | $149680226.68 | 5.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura VIP Small Cap Value Series                       | Nomura VIP Small Cap Value Series                       | CUSIP: 246493670<br>LEI: 549300V02QTMX38GSE96 | Long             | EC               | RF                | US        |   1383860 | NS      | $55465103.47  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Growth and Income Portfolio                        | Voya Growth and Income Portfolio                        | CUSIP: 92913H105<br>LEI: EGZJ3ZLULHRUEQW4E910 | Long             | EC               | RF                | US        |   8665982 | NS      | $198624318.46 | 7.17%             |  |  |  | No            |                  1 | 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        |   1736987 | NS      | $55131962.40  | 1.99%             |  |  |  | No            |                  2 | 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        |   2711754 | NS      | $27226010.90  | 0.98%             |  |  |  | No            |                  1 | 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        |   7989991 | NS      | $96280983.62  | 3.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity VIP Growth Opportunities Portfolio             | Fidelity VIP Growth Opportunities Portfolio             | CUSIP: 315802207<br>LEI: H39OKPBXOUBYCSFNP849 | Long             | EC               | RF                | US        |   1302566 | NS      | $129852851.39 | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity International Index Fund                       | Fidelity International Index Fund                       | CUSIP: 315911727<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1674878 | NS      | $101832552.55 | 3.68%             |  |  |  | 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        |   3859966 | NS      | $68806594.54  | 2.49%             |  |  |  | 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        |   1174530 | NS      | $163471114.07 | 5.91%             |  |  |  | No            |                  2 | 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        |   2137524 | NS      | $67306999.27  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Putnam VT International Value Fund                      | Putnam VT International Value Fund                      | CUSIP: 000000000<br>LEI: TNUK5E0XNNLQBFCQD252 | Long             | EC               | RF                | US        |   3486551 | NS      | $56203197.07  | 2.03%             |  |  |  | No            |                  2 | 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        |    966211 | NS      | $27575661.06  | 1.00%             |  |  |  | No            |                  2 | 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        |   9025490 | NS      | $88810824.53  | 3.21%             |  |  |  | No            |                  2 | 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        |   2261619 | NS      | $28097002.16  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco VI EQV International Equity Fund                | Invesco VI EQV International Equity Fund                | CUSIP: 008892507<br>LEI: 549300OD9RBN8ENNHU41 | Long             | EC               | RF                | US        |   1540127 | NS      | $55613980.73  | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PIMCO VIT Total Return Portfolio                        | PIMCO VIT Total Return Portfolio                        | CUSIP: 693394785<br>LEI: WXIJUDZ58N7QM7IEFC20 | Long             | EC               | RF                | US        |   8716876 | NS      | $82374475.12  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity US Bond Index Fund                             | Fidelity US Bond Index Fund                             | CUSIP: 316146356<br>LEI: 5VUJ0DJSDOFYE2WQN531 | Long             | EC               | RF                | US        |  24978838 | NS      | $263776525.25 | 9.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity VIP Equity Income Portfolio                    | Fidelity VIP Equity Income Portfolio                    | CUSIP: 922174305<br>LEI: N/A                  | Long             | EC               | RF                | US        |   4287736 | NS      | $126188079.81 | 4.56%             |  |  |  | No            |                  1 | 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        |   3232573 | NS      | $94373350.67  | 3.41%             |  |  |  | No            |                  2 | On Loan: No      |
| ClearBridge Variable Appreciation Portfolio             | ClearBridge Variable Appreciation Portfolio             | CUSIP: 52467W882<br>LEI: 549300JPS8VIXKYYNE50 | Long             | EC               | RF                | US        |   2405687 | NS      | $149898343.57 | 5.41%             |  |  |  | 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        |   3722456 | NS      | $41152867.45  | 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        |  14857709 | NS      | $14857708.86  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-21

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

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer