# EDGAR Filing Document

**Accession Number:** 0000889512
**File Stem:** 0001193125-26-040746
**Filing Date:** 2026-2
**Character Count:** 21173
**Document Hash:** b6d915384858250fe11d2e33831e6adb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-040746.hdr.sgml**: 20260206

**ACCESSION NUMBER**: 0001193125-26-040746

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260206

**DATE AS OF CHANGE**: 20260206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INSTITUTIONAL TRUST
- **CENTRAL INDEX KEY:** 0000889512

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06740
- **FILM NUMBER:** 26606291

**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:** CITIFUNDS INSTITUTIONAL TRUST
- **DATE OF NAME CHANGE:** 19981030

## Series and Classes Contracts Data

### Western Asset Institutional Government Reserves (Series ID: S000016858)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000046975 | Institutional Shares | INGXX           |
| C000046976 | Class L              | LWPXX           |
| C000089734 | Investor Shares      | LGRXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000889512

### General Information

**Report for (YYYY-MM-DD):** 2026-01-31

**Registrant Full Name:** Legg Mason Partners Institutional Trust

**CIK Number of Registrant:** 0000889512

**LEI of Registrant:** 54930003LJE4ZPPMRV82

**Name of Series:** Western Asset Institutional Government Reserves

**LEI of Series:** 549300LBHDBDFQFMLY08

**EDGAR Series Identifier:** S000016858

**Total number of share classes in the series:** 3

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                      | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Franklin Templeton Fund Adviser LLC                          | 801-66785         |
| Independent Public Accountant | PricewaterhouseCoopers LLP<br>City: Baltimore<br>State: MD   |  |
| Transfer Agent                | BNY Mellon Investment Servicing (US) Inc.<br>CIK: 0000849542 | 084-01761         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-49552

- **Is this a Feeder Fund?:** Yes

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 6 days

- **WAL:** 6 days

- **Total Value of Portfolio Securities:** $13059897949.02

- **Amortized Cost of Portfolio Securities:** $0.00

- **Cash:** $0.00

- **Total Other Assets:** $121543.69

- **Total Liabilities:** $44474406.86

- **Net Assets of Series:** $13015545085.85

- **Number of Shares Outstanding (Series):** 13019184720.5890

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2026-01-02 | $19504082494.31           | $21099123811.83            | 62.0100%                  | 67.0900%                   |
| 2026-01-05 | $20269393184.47           | $21569539967.69            | 63.5000%                  | 67.5700%                   |
| 2026-01-06 | $19771574811.68           | $21054692060.58            | 62.6200%                  | 66.6800%                   |
| 2026-01-07 | $20427013616.34           | $21710234493.69            | 63.3800%                  | 67.3600%                   |
| 2026-01-08 | $18816701753.30           | $19897999210.45            | 62.0700%                  | 65.6300%                   |
| 2026-01-09 | $18772284127.40           | $20153907574.00            | 61.3900%                  | 65.9100%                   |
| 2026-01-12 | $18919227962.87           | $20758182583.68            | 61.5800%                  | 67.5700%                   |
| 2026-01-13 | $19647163278.46           | $21486274262.38            | 62.4700%                  | 68.3200%                   |
| 2026-01-14 | $19588902421.61           | $21379899768.70            | 62.4900%                  | 68.2100%                   |
| 2026-01-15 | $18858469885.09           | $20464623595.33            | 61.9600%                  | 67.2300%                   |
| 2026-01-16 | $17852136770.67           | $19458836416.85            | 60.6400%                  | 66.1000%                   |
| 2026-01-20 | $18399476172.53           | $20019985617.69            | 61.4500%                  | 66.8600%                   |
| 2026-01-21 | $18486342192.01           | $19957702406.46            | 61.8500%                  | 66.7800%                   |
| 2026-01-22 | $20657430986.18           | $22628913976.81            | 64.4000%                  | 70.5400%                   |
| 2026-01-23 | $20529689538.97           | $22501540858.24            | 64.1700%                  | 70.3400%                   |
| 2026-01-26 | $20305784454.67           | $22560740866.59            | 63.9300%                  | 71.0300%                   |
| 2026-01-27 | $21079243976.37           | $23332118057.47            | 64.8800%                  | 71.8100%                   |
| 2026-01-28 | $21150034053.95           | $22533041732.69            | 66.6700%                  | 71.0300%                   |
| 2026-01-29 | $20310695650.31           | $21753329498.91            | 64.2800%                  | 68.8500%                   |
| 2026-01-30 | $18940385054.12           | $20403572622.59            | 63.2400%                  | 68.1200%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-01-02 | 3.8500%             |
| 2026-01-05 | 3.8400%             |
| 2026-01-06 | 3.8300%             |
| 2026-01-07 | 3.8100%             |
| 2026-01-08 | 3.8000%             |
| 2026-01-09 | 3.7600%             |
| 2026-01-12 | 3.7500%             |
| 2026-01-13 | 3.7500%             |
| 2026-01-14 | 3.7500%             |
| 2026-01-15 | 3.7500%             |
| 2026-01-16 | 3.7600%             |
| 2026-01-20 | 3.7600%             |
| 2026-01-21 | 3.7600%             |
| 2026-01-22 | 3.7500%             |
| 2026-01-23 | 3.7500%             |
| 2026-01-26 | 3.7500%             |
| 2026-01-27 | 3.7500%             |
| 2026-01-28 | 3.7500%             |
| 2026-01-29 | 3.7500%             |
| 2026-01-30 | 3.7600%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-01-02 | 0.9997                      |
|  |  |
| 2026-01-05 | 0.9997                      |
|  |  |
| 2026-01-06 | 0.9997                      |
|  |  |
| 2026-01-07 | 0.9997                      |
|  |  |
| 2026-01-08 | 0.9997                      |
|  |  |
| 2026-01-09 | 0.9997                      |
|  |  |
| 2026-01-12 | 0.9997                      |
|  |  |
| 2026-01-13 | 0.9997                      |
|  |  |
| 2026-01-14 | 0.9997                      |
|  |  |
| 2026-01-15 | 0.9997                      |
|  |  |
| 2026-01-16 | 0.9997                      |
|  |  |
| 2026-01-20 | 0.9997                      |
|  |  |
| 2026-01-21 | 0.9997                      |
|  |  |
| 2026-01-22 | 0.9997                      |
|  |  |
| 2026-01-23 | 0.9997                      |
|  |  |
| 2026-01-26 | 0.9997                      |
|  |  |
| 2026-01-27 | 0.9997                      |
|  |  |
| 2026-01-28 | 0.9997                      |
|  |  |
| 2026-01-29 | 0.9997                      |
|  |  |
| 2026-01-30 | 0.9997                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: 0L

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $10352253874.45

- **Number of Shares Outstanding:** 10355623822.6590

- **Expense Reimbursement/Waiver:** 1235366.41

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9997          |
|  |  |
| 2026-01-05 | 0.9997          |
|  |  |
| 2026-01-06 | 0.9997          |
|  |  |
| 2026-01-07 | 0.9997          |
|  |  |
| 2026-01-08 | 0.9997          |
|  |  |
| 2026-01-09 | 0.9997          |
|  |  |
| 2026-01-12 | 0.9997          |
|  |  |
| 2026-01-13 | 0.9997          |
|  |  |
| 2026-01-14 | 0.9997          |
|  |  |
| 2026-01-15 | 0.9997          |
|  |  |
| 2026-01-16 | 0.9997          |
|  |  |
| 2026-01-20 | 0.9997          |
|  |  |
| 2026-01-21 | 0.9997          |
|  |  |
| 2026-01-22 | 0.9997          |
|  |  |
| 2026-01-23 | 0.9997          |
|  |  |
| 2026-01-26 | 0.9997          |
|  |  |
| 2026-01-27 | 0.9997          |
|  |  |
| 2026-01-28 | 0.9997          |
|  |  |
| 2026-01-29 | 0.9997          |
|  |  |
| 2026-01-30 | 0.9997          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $1342517803.21            | $582510942.19           |
| 2026-01-05 | $470983095.81             | $324978807.64           |
| 2026-01-06 | $344632783.45             | $492934074.65           |
| 2026-01-07 | $291324360.27             | $688593595.20           |
| 2026-01-08 | $527447551.69             | $101656129.06           |
| 2026-01-09 | $569327411.13             | $269682373.25           |
| 2026-01-12 | $242887461.28             | $403287055.45           |
| 2026-01-13 | $218376746.21             | $239644795.57           |
| 2026-01-14 | $453339865.15             | $248333654.49           |
| 2026-01-15 | $469189809.06             | $604060687.74           |
| 2026-01-16 | $297944292.82             | $1048868466.38          |
| 2026-01-20 | $556038155.62             | $397924626.69           |
| 2026-01-21 | $188345464.28             | $646242513.84           |
| 2026-01-22 | $917804046.14             | $406971257.76           |
| 2026-01-23 | $570929037.07             | $552536065.38           |
| 2026-01-26 | $34702238.71              | $511257134.07           |
| 2026-01-27 | $458859771.83             | $199738630.93           |
| 2026-01-28 | $303540751.10             | $283543865.16           |
| 2026-01-29 | $135226386.81             | $341665590.63           |
| 2026-01-30 | $339027487.51             | $548901118.66           |

**Total Gross Subscriptions (Month):** $8732444519.15

**Total Gross Redemptions (Month):** $8893331384.74

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.6800%           |
| 2026-01-05 | 3.6700%           |
| 2026-01-06 | 3.6600%           |
| 2026-01-07 | 3.6500%           |
| 2026-01-08 | 3.6200%           |
| 2026-01-09 | 3.5900%           |
| 2026-01-12 | 3.5800%           |
| 2026-01-13 | 3.5800%           |
| 2026-01-14 | 3.5800%           |
| 2026-01-15 | 3.5800%           |
| 2026-01-16 | 3.5900%           |
| 2026-01-20 | 3.5900%           |
| 2026-01-21 | 3.5800%           |
| 2026-01-22 | 3.5800%           |
| 2026-01-23 | 3.5800%           |
| 2026-01-26 | 3.5800%           |
| 2026-01-27 | 3.5800%           |
| 2026-01-28 | 3.5800%           |
| 2026-01-29 | 3.5800%           |
| 2026-01-30 | 3.5900%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 26.5600%         | 0.0000%              |
| Broker-dealer                                       |  | 15.8400%         | 0.0000%              |
| Depository institution or other banking institution |  | 6.1400%          | 0.0000%              |

### Class: 1L

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $259940886.85

- **Number of Shares Outstanding:** 259987087.0000

- **Expense Reimbursement/Waiver:** 47542.59

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9998          |
|  |  |
| 2026-01-05 | 0.9998          |
|  |  |
| 2026-01-06 | 0.9998          |
|  |  |
| 2026-01-07 | 0.9998          |
|  |  |
| 2026-01-08 | 0.9998          |
|  |  |
| 2026-01-09 | 0.9998          |
|  |  |
| 2026-01-12 | 0.9998          |
|  |  |
| 2026-01-13 | 0.9998          |
|  |  |
| 2026-01-14 | 0.9998          |
|  |  |
| 2026-01-15 | 0.9998          |
|  |  |
| 2026-01-16 | 0.9998          |
|  |  |
| 2026-01-20 | 0.9998          |
|  |  |
| 2026-01-21 | 0.9998          |
|  |  |
| 2026-01-22 | 0.9998          |
|  |  |
| 2026-01-23 | 0.9998          |
|  |  |
| 2026-01-26 | 0.9998          |
|  |  |
| 2026-01-27 | 0.9998          |
|  |  |
| 2026-01-28 | 0.9998          |
|  |  |
| 2026-01-29 | 0.9998          |
|  |  |
| 2026-01-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $3056067.00               | $0.00                   |
| 2026-01-05 | $0.00                     | $619069.00              |
| 2026-01-06 | $2663812.00               | $0.00                   |
| 2026-01-07 | $0.00                     | $2282155.00             |
| 2026-01-08 | $0.00                     | $4426293.00             |
| 2026-01-09 | $1933666.00               | $0.00                   |
| 2026-01-12 | $2947197.00               | $0.00                   |
| 2026-01-13 | $8595083.00               | $0.00                   |
| 2026-01-14 | $0.00                     | $660944.00              |
| 2026-01-15 | $12810487.00              | $0.00                   |
| 2026-01-16 | $0.00                     | $268229.00              |
| 2026-01-20 | $917300.00                | $0.00                   |
| 2026-01-21 | $0.00                     | $1798007.00             |
| 2026-01-22 | $0.00                     | $1618240.00             |
| 2026-01-23 | $0.00                     | $273459.00              |
| 2026-01-26 | $6899918.00               | $0.00                   |
| 2026-01-27 | $0.00                     | $1731889.00             |
| 2026-01-28 | $3853985.00               | $0.00                   |
| 2026-01-29 | $0.00                     | $468305.00              |
| 2026-01-30 | $0.00                     | $6961758.00             |

**Total Gross Subscriptions (Month):** $43677515.00

**Total Gross Redemptions (Month):** $21108348.00

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.6600%           |
| 2026-01-05 | 3.6500%           |
| 2026-01-06 | 3.6400%           |
| 2026-01-07 | 3.6200%           |
| 2026-01-08 | 3.6100%           |
| 2026-01-09 | 3.5700%           |
| 2026-01-12 | 3.5600%           |
| 2026-01-13 | 3.5600%           |
| 2026-01-14 | 3.5600%           |
| 2026-01-15 | 3.5600%           |
| 2026-01-16 | 3.5700%           |
| 2026-01-20 | 3.5700%           |
| 2026-01-21 | 3.5700%           |
| 2026-01-22 | 3.5600%           |
| 2026-01-23 | 3.5600%           |
| 2026-01-26 | 3.5600%           |
| 2026-01-27 | 3.5600%           |
| 2026-01-28 | 3.5600%           |
| 2026-01-29 | 3.5600%           |
| 2026-01-30 | 3.5700%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 99.9600%         | 0.0000%              |

### Class: 0I

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $2403350324.55

- **Number of Shares Outstanding:** 2403573810.9300

- **Expense Reimbursement/Waiver:** 370585.79

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9999          |
|  |  |
| 2026-01-05 | 0.9999          |
|  |  |
| 2026-01-06 | 0.9999          |
|  |  |
| 2026-01-07 | 0.9999          |
|  |  |
| 2026-01-08 | 0.9999          |
|  |  |
| 2026-01-09 | 0.9999          |
|  |  |
| 2026-01-12 | 0.9999          |
|  |  |
| 2026-01-13 | 0.9999          |
|  |  |
| 2026-01-14 | 0.9999          |
|  |  |
| 2026-01-15 | 0.9999          |
|  |  |
| 2026-01-16 | 0.9999          |
|  |  |
| 2026-01-20 | 0.9999          |
|  |  |
| 2026-01-21 | 0.9999          |
|  |  |
| 2026-01-22 | 0.9999          |
|  |  |
| 2026-01-23 | 0.9999          |
|  |  |
| 2026-01-26 | 0.9999          |
|  |  |
| 2026-01-27 | 0.9999          |
|  |  |
| 2026-01-28 | 0.9999          |
|  |  |
| 2026-01-29 | 0.9999          |
|  |  |
| 2026-01-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $175142323.22             | $574859.35              |
| 2026-01-05 | $0.00                     | $153931024.59           |
| 2026-01-06 | $32107540.36              | $0.00                   |
| 2026-01-07 | $46959461.48              | $0.00                   |
| 2026-01-08 | $0.00                     | $20866356.90            |
| 2026-01-09 | $207868042.67             | $0.00                   |
| 2026-01-12 | $11513845.61              | $0.00                   |
| 2026-01-13 | $75469517.35              | $0.00                   |
| 2026-01-14 | $0.00                     | $57258638.46            |
| 2026-01-15 | $0.00                     | $46160932.72            |
| 2026-01-16 | $27091636.97              | $0.00                   |
| 2026-01-20 | $27430660.64              | $0.00                   |
| 2026-01-21 | $57347645.31              | $0.00                   |
| 2026-01-22 | $0.00                     | $3668326.23             |
| 2026-01-23 | $0.00                     | $46713611.84            |
| 2026-01-26 | $0.00                     | $93333647.75            |
| 2026-01-27 | $134974346.20             | $0.00                   |
| 2026-01-28 | $0.00                     | $2242612.62             |
| 2026-01-29 | $42321009.10              | $0.00                   |
| 2026-01-30 | $0.00                     | $143837666.82           |

**Total Gross Subscriptions (Month):** $838226028.91

**Total Gross Redemptions (Month):** $568587677.28

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.6300%           |
| 2026-01-05 | 3.6200%           |
| 2026-01-06 | 3.6100%           |
| 2026-01-07 | 3.6000%           |
| 2026-01-08 | 3.5800%           |
| 2026-01-09 | 3.5400%           |
| 2026-01-12 | 3.5300%           |
| 2026-01-13 | 3.5300%           |
| 2026-01-14 | 3.5300%           |
| 2026-01-15 | 3.5300%           |
| 2026-01-16 | 3.5400%           |
| 2026-01-20 | 3.5400%           |
| 2026-01-21 | 3.5400%           |
| 2026-01-22 | 3.5300%           |
| 2026-01-23 | 3.5400%           |
| 2026-01-26 | 3.5300%           |
| 2026-01-27 | 3.5300%           |
| 2026-01-28 | 3.5300%           |
| 2026-01-29 | 3.5300%           |
| 2026-01-30 | 3.5400%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 97.2600%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Government Portfolio

- **C.1 - Title:** Government Portfolio
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: NA, C.5 - Other ID: LMGOVERNMENT
- **C.18 - Value (incl. sponsor support):** $13059897949.02
- **C.18.a - Value (excl. sponsor support):** $13059897949.02
- **C.19 - Percentage of Net Assets:** 100.0000%
- **C.17 - Yield as of Reporting Date:** 0.0000%
- **C.11 - Maturity Date (WAM):** 2026-02-02
- **C.12 - Maturity Date (WAL):** 2026-02-02
- **C.13 - Final Legal Maturity Date:** 2026-02-02
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Legg Mason Partners Institutional Trust

**Date:** 2026-02-06

**By:** /s/Christopher Berarducci

**Name of Signing Officer:** Christopher Berarducci

**Title of Signing Officer:** Principal Financial Officer