# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0000940400-26-007253
**Filing Date:** 2026-2
**Character Count:** 12657
**Document Hash:** db57dc254329f4343d53a8c6a32674f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007253.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000940400-26-007253

**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:** 26664698

**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 Aggressive Model Portfolio (Series ID: S000068271)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218574 | Class II     | QLMABX          |
| C000218575 | Class I      | QLMAAX          |

## 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 Aggressive Model Portfolio

- **b. EDGAR series identifier (if any):** S000068271

- **c. LEI of Series:** 549300NFCDRZGQZD3341

**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:** $1197633223.12

**Total Liabilities:** $382743.85

**Net Assets:** $1197250479.27

**Cash Not Reported:** $1558028.57

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218574 | 1.61%                | 0.17%                | 0.59%                |
| Class ID C000218575 | 1.66%                | 0.17%                | 0.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1380403.30              | $-13904026.02                              |
| Month 2  | $0.00                    | $2250397.65                                |
| Month 3  | $0.00                    | $-16691588.68                              |

### 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        |    682322 | NS      | $162201537.35 | 13.55%            |  |  |  | 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        |   1015980 | NS      | $31991495.82  | 2.67%             |  |  |  | No            |                  2 | On Loan: No      |
| ClearBridge Variable Appreciation Portfolio             | ClearBridge Variable Appreciation Portfolio             | CUSIP: 52467W882<br>LEI: 549300JPS8VIXKYYNE50 | Long             | EC               | RF                | US        |   1087364 | NS      | $67753626.73  | 5.66%             |  |  |  | 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        |   2682231 | NS      | $29652867.52  | 2.48%             |  |  |  | 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        |   7331443 | NS      | $7331442.75   | 0.61%             |  |  |  | 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        |   1354019 | NS      | $14814318.03  | 1.24%             |  |  |  | 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        |   1545011 | NS      | $17869440.32  | 1.49%             |  |  |  | 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        |   1944874 | NS      | $30787353.77  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam VT International Value Fund                      | Putnam VT International Value Fund                      | CUSIP: 000000000<br>LEI: TNUK5E0XNNLQBFCQD252 | Long             | EC               | RF                | US        |   2254576 | NS      | $36343766.14  | 3.04%             |  |  |  | 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        |   1252624 | NS      | $35749883.59  | 2.99%             |  |  |  | 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        |   1950388 | NS      | $24230444.94  | 2.02%             |  |  |  | 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        |   5674514 | NS      | $68379029.96  | 5.71%             |  |  |  | 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        |    746880 | NS      | $26969830.52  | 2.25%             |  |  |  | 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        |    747704 | NS      | $29967978.12  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Growth and Income Portfolio                        | Voya Growth and Income Portfolio                        | CUSIP: 92913H105<br>LEI: EGZJ3ZLULHRUEQW4E910 | Long             | EC               | RF                | US        |   4280343 | NS      | $98105453.97  | 8.19%             |  |  |  | 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        |   1126200 | NS      | $35745585.56  | 2.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity US Bond Index Fund                             | Fidelity US Bond Index Fund                             | CUSIP: 316146356<br>LEI: 5VUJ0DJSDOFYE2WQN531 | Long             | EC               | RF                | US        |   7996180 | NS      | $84439664.54  | 7.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity VIP Growth Opportunities Portfolio             | Fidelity VIP Growth Opportunities Portfolio             | CUSIP: 315802207<br>LEI: H39OKPBXOUBYCSFNP849 | Long             | EC               | RF                | US        |    711335 | NS      | $70912994.72  | 5.92%             |  |  |  | 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        |   2780569 | NS      | $81832134.72  | 6.84%             |  |  |  | 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        |   2691086 | NS      | $78564897.59  | 6.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity International Index Fund                       | Fidelity International Index Fund                       | CUSIP: 315911727<br>LEI: N/A                  | Long             | EC               | RF                | US        |    724182 | NS      | $44030273.26  | 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        |   2000511 | NS      | $35660510.95  | 2.98%             |  |  |  | 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        |    592440 | NS      | $82455755.64  | 6.89%             |  |  |  | No            |                  2 | 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