# EDGAR Filing Document

**Accession Number:** 0000889512
**File Stem:** 0001193125-26-040747
**Filing Date:** 2026-2
**Character Count:** 17230
**Document Hash:** 4a3d084db409c3add71650fd107d7f70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-040747.hdr.sgml**: 20260206

**ACCESSION NUMBER**: 0001193125-26-040747

**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:** 26606294

**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 Liquid Reserves (Series ID: S000008908)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000024235 | Institutional Shares | CILXX           |
| C000089731 | Investor Shares      | LLRXX           |

# 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 Liquid Reserves

**LEI of Series:** 5493000JWV15U527D845

**EDGAR Series Identifier:** S000008908

**Total number of share classes in the series:** 2

**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:** Prime

- **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:** $581600256.50

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

- **Cash:** $0.00

- **Total Other Assets:** $47378.87

- **Total Liabilities:** $1997838.26

- **Net Assets of Series:** $579649797.11

- **Number of Shares Outstanding (Series):** 579666937.7890

- **Does the fund seek to maintain a stable price per share?:** No

- **Stable Price Per Share:** $0.00

- **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 | $3441129155.90            | $4115990420.90             | 57.8200%                  | 69.1600%                   |
| 2026-01-05 | $2075803226.08            | $2975702948.58             | 44.7800%                  | 64.1900%                   |
| 2026-01-06 | $2238196395.86            | $2738136728.36             | 50.3400%                  | 61.5900%                   |
| 2026-01-07 | $2138272732.72            | $2788187037.72             | 48.0900%                  | 62.7100%                   |
| 2026-01-08 | $2608959621.42            | $3558673566.42             | 51.8400%                  | 70.7100%                   |
| 2026-01-09 | $2753611457.42            | $3578365867.42             | 54.4900%                  | 70.8100%                   |
| 2026-01-12 | $2092265127.41            | $3166938902.41             | 47.6400%                  | 72.1100%                   |
| 2026-01-13 | $2263178897.17            | $3262863442.17             | 51.2800%                  | 73.9400%                   |
| 2026-01-14 | $2288174050.74            | $3384254499.69             | 52.0100%                  | 76.9200%                   |
| 2026-01-15 | $2536509493.30            | $3582660798.10             | 54.5800%                  | 77.0900%                   |
| 2026-01-16 | $3539913197.05            | $4496138311.20             | 62.9100%                  | 79.9000%                   |
| 2026-01-20 | $1814870010.92            | $2434810056.42             | 50.9200%                  | 68.3100%                   |
| 2026-01-21 | $2758380722.88            | $3493307382.88             | 59.6600%                  | 75.5600%                   |
| 2026-01-22 | $1883186202.22            | $2493145693.72             | 51.9800%                  | 68.8100%                   |
| 2026-01-23 | $1767448260.86            | $2392369280.86             | 47.8000%                  | 64.7000%                   |
| 2026-01-26 | $3365051077.86            | $4309793730.86             | 61.1300%                  | 78.2900%                   |
| 2026-01-27 | $3526782127.61            | $4346496325.61             | 63.6400%                  | 78.4300%                   |
| 2026-01-28 | $3232533124.45            | $4217309857.45             | 55.2200%                  | 72.0400%                   |
| 2026-01-29 | $2977385713.29            | $4014827045.30             | 52.7000%                  | 71.0700%                   |
| 2026-01-30 | $3417756591.66            | $4195320405.32             | 56.4000%                  | 69.2300%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-01-02 | 3.8500%             |
| 2026-01-05 | 3.8400%             |
| 2026-01-06 | 3.8400%             |
| 2026-01-07 | 3.8300%             |
| 2026-01-08 | 3.8200%             |
| 2026-01-09 | 3.8200%             |
| 2026-01-12 | 3.8100%             |
| 2026-01-13 | 3.8100%             |
| 2026-01-14 | 3.8100%             |
| 2026-01-15 | 3.8000%             |
| 2026-01-16 | 3.7900%             |
| 2026-01-20 | 3.7900%             |
| 2026-01-21 | 3.7800%             |
| 2026-01-22 | 3.7800%             |
| 2026-01-23 | 3.7800%             |
| 2026-01-26 | 3.7800%             |
| 2026-01-27 | 3.7800%             |
| 2026-01-28 | 3.7700%             |
| 2026-01-29 | 3.7700%             |
| 2026-01-30 | 3.7700%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-01-02 | 1.0000                      |
|  |  |
| 2026-01-05 | 1.0000                      |
|  |  |
| 2026-01-06 | 1.0000                      |
|  |  |
| 2026-01-07 | 1.0000                      |
|  |  |
| 2026-01-08 | 1.0000                      |
|  |  |
| 2026-01-09 | 1.0000                      |
|  |  |
| 2026-01-12 | 1.0000                      |
|  |  |
| 2026-01-13 | 1.0000                      |
|  |  |
| 2026-01-14 | 1.0000                      |
|  |  |
| 2026-01-15 | 1.0000                      |
|  |  |
| 2026-01-16 | 1.0000                      |
|  |  |
| 2026-01-20 | 1.0000                      |
|  |  |
| 2026-01-21 | 1.0000                      |
|  |  |
| 2026-01-22 | 1.0000                      |
|  |  |
| 2026-01-23 | 1.0000                      |
|  |  |
| 2026-01-26 | 1.0000                      |
|  |  |
| 2026-01-27 | 1.0000                      |
|  |  |
| 2026-01-28 | 1.0000                      |
|  |  |
| 2026-01-29 | 1.0000                      |
|  |  |
| 2026-01-30 | 1.0000                      |
|  |  |

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

### Class: 0L

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $579003456.73

- **Number of Shares Outstanding:** 579020534.0540

- **Expense Reimbursement/Waiver:** 97836.88

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 1.0000          |
|  |  |
| 2026-01-05 | 1.0000          |
|  |  |
| 2026-01-06 | 1.0000          |
|  |  |
| 2026-01-07 | 1.0000          |
|  |  |
| 2026-01-08 | 1.0000          |
|  |  |
| 2026-01-09 | 1.0000          |
|  |  |
| 2026-01-12 | 1.0000          |
|  |  |
| 2026-01-13 | 1.0000          |
|  |  |
| 2026-01-14 | 1.0000          |
|  |  |
| 2026-01-15 | 1.0000          |
|  |  |
| 2026-01-16 | 1.0000          |
|  |  |
| 2026-01-20 | 1.0000          |
|  |  |
| 2026-01-21 | 1.0000          |
|  |  |
| 2026-01-22 | 1.0000          |
|  |  |
| 2026-01-23 | 1.0000          |
|  |  |
| 2026-01-26 | 1.0000          |
|  |  |
| 2026-01-27 | 1.0000          |
|  |  |
| 2026-01-28 | 1.0000          |
|  |  |
| 2026-01-29 | 1.0000          |
|  |  |
| 2026-01-30 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $5669899.41               | $3437144.09             |
| 2026-01-05 | $3275037.07               | $8089725.00             |
| 2026-01-06 | $80849.29                 | $1069964.21             |
| 2026-01-07 | $162483.20                | $198243.47              |
| 2026-01-08 | $951649.72                | $35368379.32            |
| 2026-01-09 | $8293858.20               | $678823.22              |
| 2026-01-12 | $2556000.00               | $4233699.72             |
| 2026-01-13 | $506579.84                | $2935304.25             |
| 2026-01-14 | $601396.98                | $1528790.27             |
| 2026-01-15 | $3115145.31               | $4647238.76             |
| 2026-01-16 | $312352.40                | $1411264.59             |
| 2026-01-20 | $3122360.00               | $2713746.75             |
| 2026-01-21 | $3728334.52               | $2634110.17             |
| 2026-01-22 | $46086.34                 | $3095875.49             |
| 2026-01-23 | $774260.53                | $1453787.48             |
| 2026-01-26 | $7027922.20               | $1323727.14             |
| 2026-01-27 | $4264267.76               | $1210900.00             |
| 2026-01-28 | $2132072.72               | $8042252.11             |
| 2026-01-29 | $1003225.00               | $7223112.41             |
| 2026-01-30 | $909680.92                | $1654329.05             |

**Total Gross Subscriptions (Month):** $48533461.41

**Total Gross Redemptions (Month):** $92950417.50

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.6700%           |
| 2026-01-05 | 3.6600%           |
| 2026-01-06 | 3.6600%           |
| 2026-01-07 | 3.6500%           |
| 2026-01-08 | 3.6400%           |
| 2026-01-09 | 3.6400%           |
| 2026-01-12 | 3.6300%           |
| 2026-01-13 | 3.6300%           |
| 2026-01-14 | 3.6300%           |
| 2026-01-15 | 3.6200%           |
| 2026-01-16 | 3.6100%           |
| 2026-01-20 | 3.6100%           |
| 2026-01-21 | 3.6000%           |
| 2026-01-22 | 3.6000%           |
| 2026-01-23 | 3.6000%           |
| 2026-01-26 | 3.6000%           |
| 2026-01-27 | 3.6000%           |
| 2026-01-28 | 3.5900%           |
| 2026-01-29 | 3.5900%           |
| 2026-01-30 | 3.5900%           |

**Beneficial/Record Owner Categories**
| Category                  | Other Category     | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer             |  | 47.5300%         | 0.0000%              |
| Broker-dealer             |  | 8.5900%          | 0.0000%              |
| Non-financial corporation |  | 27.4000%         | 0.0000%              |
| Other                     | IND FID AS TRUSTEE | 6.8200%          | 0.0000%              |

### Class: 0I

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $646340.38

- **Number of Shares Outstanding:** 646403.7350

- **Expense Reimbursement/Waiver:** 4633.41

**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 | $2010.28                  | $8.49                   |
| 2026-01-05 | $0.00                     | $0.00                   |
| 2026-01-06 | $0.00                     | $0.00                   |
| 2026-01-07 | $0.00                     | $0.00                   |
| 2026-01-08 | $0.00                     | $0.00                   |
| 2026-01-09 | $0.00                     | $0.00                   |
| 2026-01-12 | $0.00                     | $0.00                   |
| 2026-01-13 | $0.00                     | $0.00                   |
| 2026-01-14 | $0.00                     | $0.00                   |
| 2026-01-15 | $0.00                     | $0.00                   |
| 2026-01-16 | $0.00                     | $0.00                   |
| 2026-01-20 | $0.00                     | $0.00                   |
| 2026-01-21 | $0.00                     | $0.00                   |
| 2026-01-22 | $0.00                     | $0.00                   |
| 2026-01-23 | $0.00                     | $0.00                   |
| 2026-01-26 | $0.00                     | $0.00                   |
| 2026-01-27 | $0.00                     | $0.00                   |
| 2026-01-28 | $0.00                     | $0.00                   |
| 2026-01-29 | $0.00                     | $0.00                   |
| 2026-01-30 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $2010.28

**Total Gross Redemptions (Month):** $8.49

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.6200%           |
| 2026-01-05 | 3.6100%           |
| 2026-01-06 | 3.6100%           |
| 2026-01-07 | 3.6000%           |
| 2026-01-08 | 3.5900%           |
| 2026-01-09 | 3.5900%           |
| 2026-01-12 | 3.5800%           |
| 2026-01-13 | 3.5800%           |
| 2026-01-14 | 3.5800%           |
| 2026-01-15 | 3.5700%           |
| 2026-01-16 | 3.5600%           |
| 2026-01-20 | 3.5600%           |
| 2026-01-21 | 3.5500%           |
| 2026-01-22 | 3.5500%           |
| 2026-01-23 | 3.5500%           |
| 2026-01-26 | 3.5500%           |
| 2026-01-27 | 3.5500%           |
| 2026-01-28 | 3.5400%           |
| 2026-01-29 | 3.5400%           |
| 2026-01-30 | 3.5400%           |

**Beneficial/Record Owner Categories**
| Category      | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer |  | 100.0000%        | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Liquid Reserves Portfolio

- **C.1 - Title:** Liquid Reserves Portfolio
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: NA, C.3 - LEI: N/A, C.5 - Other ID: LMLIQUIDRESERVE
- **C.18 - Value (incl. sponsor support):** $581600256.50
- **C.18.a - Value (excl. sponsor support):** $581600256.50
- **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