# EDGAR Filing Document

**Accession Number:** 0000889512
**File Stem:** 0001145549-25-046155
**Filing Date:** 2025-7
**Character Count:** 15826
**Document Hash:** 5081e36716b1f6b89db7c434403de3ac
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-046155.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001145549-25-046155

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**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:** 251110810

**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):** 2025-06-30

**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:** $839979834.66

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

- **Cash:** $0.00

- **Total Other Assets:** $31671.28

- **Total Liabilities:** $2447216.49

- **Net Assets of Series:** $837564289.45

- **Number of Shares Outstanding (Series):** 837627162.1810

- **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 (%)   |
|:---|:---|:---|:---|:---|
| 2025-06-02 | $1789409909.48            | $3058858415.01             | 34.7500%                  | 59.4000%                   |
| 2025-06-03 | $2052822791.21            | $3147535201.21             | 39.5700%                  | 60.6600%                   |
| 2025-06-04 | $2689958768.11            | $3724571246.61             | 47.2700%                  | 65.4500%                   |
| 2025-06-05 | $2514387298.27            | $3723934196.27             | 44.1900%                  | 65.4400%                   |
| 2025-06-06 | $2472851193.24            | $3722444900.74             | 43.4600%                  | 65.4200%                   |
| 2025-06-09 | $2816916672.18            | $3886623411.68             | 49.4300%                  | 68.1900%                   |
| 2025-06-10 | $2898271587.33            | $4027868966.08             | 49.0800%                  | 68.2100%                   |
| 2025-06-11 | $2959095934.22            | $3937687208.32             | 50.5500%                  | 67.2600%                   |
| 2025-06-12 | $2611514275.64            | $3940072257.24             | 44.5900%                  | 67.2700%                   |
| 2025-06-13 | $2559723670.86            | $3931958862.97             | 43.6700%                  | 67.0900%                   |
| 2025-06-16 | $3495882330.18            | $4558333858.68             | 51.3700%                  | 66.9900%                   |
| 2025-06-17 | $4053787228.75            | $5167107265.24             | 55.0500%                  | 70.1700%                   |
| 2025-06-18 | $2502411156.10            | $3325756404.83             | 44.9000%                  | 59.6800%                   |
| 2025-06-20 | $2597429941.43            | $3347258116.43             | 46.4200%                  | 59.8200%                   |
| 2025-06-23 | $1569220426.06            | $2329035865.06             | 36.0500%                  | 53.5100%                   |
| 2025-06-24 | $1195538403.76            | $2080197734.26             | 30.6200%                  | 53.2800%                   |
| 2025-06-25 | $1984335774.61            | $2958974513.11             | 43.9100%                  | 65.4800%                   |
| 2025-06-26 | $1526001579.29            | $2315733422.29             | 40.8400%                  | 61.9800%                   |
| 2025-06-27 | $2132885654.52            | $2797697559.02             | 52.4100%                  | 68.7400%                   |
| 2025-06-30 | $3170858660.69            | $3695735213.19             | 65.8400%                  | 76.7400%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-06-02 | 4.4400%             |
| 2025-06-03 | 4.4400%             |
| 2025-06-04 | 4.4400%             |
| 2025-06-05 | 4.4400%             |
| 2025-06-06 | 4.4400%             |
| 2025-06-09 | 4.4400%             |
| 2025-06-10 | 4.4400%             |
| 2025-06-11 | 4.4400%             |
| 2025-06-12 | 4.4400%             |
| 2025-06-13 | 4.4400%             |
| 2025-06-16 | 4.4400%             |
| 2025-06-17 | 4.4400%             |
| 2025-06-18 | 4.4400%             |
| 2025-06-20 | 4.4400%             |
| 2025-06-23 | 4.4500%             |
| 2025-06-24 | 4.4500%             |
| 2025-06-25 | 4.4500%             |
| 2025-06-26 | 4.4500%             |
| 2025-06-27 | 4.4600%             |
| 2025-06-30 | 4.4600%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-06-02 | 0.9999                      |
|  |  |
| 2025-06-03 | 0.9999                      |
|  |  |
| 2025-06-04 | 0.9999                      |
|  |  |
| 2025-06-05 | 0.9999                      |
|  |  |
| 2025-06-06 | 0.9999                      |
|  |  |
| 2025-06-09 | 0.9999                      |
|  |  |
| 2025-06-10 | 0.9999                      |
|  |  |
| 2025-06-11 | 0.9999                      |
|  |  |
| 2025-06-12 | 0.9999                      |
|  |  |
| 2025-06-13 | 0.9999                      |
|  |  |
| 2025-06-16 | 0.9999                      |
|  |  |
| 2025-06-17 | 0.9999                      |
|  |  |
| 2025-06-18 | 0.9999                      |
|  |  |
| 2025-06-20 | 0.9999                      |
|  |  |
| 2025-06-23 | 0.9999                      |
|  |  |
| 2025-06-24 | 0.9999                      |
|  |  |
| 2025-06-25 | 0.9999                      |
|  |  |
| 2025-06-26 | 0.9999                      |
|  |  |
| 2025-06-27 | 0.9999                      |
|  |  |
| 2025-06-30 | 0.9999                      |
|  |  |

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

### Class: 0L

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $836932780.27

- **Number of Shares Outstanding:** 836995551.0080

- **Expense Reimbursement/Waiver:** 95151.49

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 0.9999          |
|  |  |
| 2025-06-03 | 0.9999          |
|  |  |
| 2025-06-04 | 0.9999          |
|  |  |
| 2025-06-05 | 0.9999          |
|  |  |
| 2025-06-06 | 0.9999          |
|  |  |
| 2025-06-09 | 0.9999          |
|  |  |
| 2025-06-10 | 0.9999          |
|  |  |
| 2025-06-11 | 0.9999          |
|  |  |
| 2025-06-12 | 0.9999          |
|  |  |
| 2025-06-13 | 0.9999          |
|  |  |
| 2025-06-16 | 0.9999          |
|  |  |
| 2025-06-17 | 0.9999          |
|  |  |
| 2025-06-18 | 0.9999          |
|  |  |
| 2025-06-20 | 0.9999          |
|  |  |
| 2025-06-23 | 0.9999          |
|  |  |
| 2025-06-24 | 0.9999          |
|  |  |
| 2025-06-25 | 0.9999          |
|  |  |
| 2025-06-26 | 0.9999          |
|  |  |
| 2025-06-27 | 0.9999          |
|  |  |
| 2025-06-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $6105612.92               | $563987.13              |
| 2025-06-03 | $7705483.99               | $1610427.12             |
| 2025-06-04 | $3707420.00               | $773682.14              |
| 2025-06-05 | $2425.00                  | $1037944.07             |
| 2025-06-06 | $440599.97                | $1489644.26             |
| 2025-06-09 | $30597.25                 | $9101911.26             |
| 2025-06-10 | $211000.00                | $3969761.89             |
| 2025-06-11 | $985388.34                | $2314884.78             |
| 2025-06-12 | $195407.89                | $4793572.86             |
| 2025-06-13 | $982174.85                | $3811328.69             |
| 2025-06-16 | $1484683.93               | $303204.89              |
| 2025-06-17 | $5576037.44               | $3009865.98             |
| 2025-06-18 | $76365.18                 | $8212816.38             |
| 2025-06-20 | $6295505.32               | $4666316.69             |
| 2025-06-23 | $6262550.88               | $2546010.55             |
| 2025-06-24 | $659086.73                | $2396500.00             |
| 2025-06-25 | $15600000.00              | $1455354.27             |
| 2025-06-26 | $10256932.92              | $3118195.65             |
| 2025-06-27 | $4695307.15               | $14434785.57            |
| 2025-06-30 | $185835401.51             | $1230615.05             |

**Total Gross Subscriptions (Month):** $257107981.27

**Total Gross Redemptions (Month):** $70840809.23

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 4.2600%           |
| 2025-06-03 | 4.2600%           |
| 2025-06-04 | 4.2600%           |
| 2025-06-05 | 4.2600%           |
| 2025-06-06 | 4.2500%           |
| 2025-06-09 | 4.2500%           |
| 2025-06-10 | 4.2500%           |
| 2025-06-11 | 4.2500%           |
| 2025-06-12 | 4.2600%           |
| 2025-06-13 | 4.2600%           |
| 2025-06-16 | 4.2600%           |
| 2025-06-17 | 4.2600%           |
| 2025-06-18 | 4.2600%           |
| 2025-06-20 | 4.2600%           |
| 2025-06-23 | 4.2700%           |
| 2025-06-24 | 4.2700%           |
| 2025-06-25 | 4.2700%           |
| 2025-06-26 | 4.2700%           |
| 2025-06-27 | 4.2800%           |
| 2025-06-30 | 4.2700%           |

**Beneficial/Record Owner Categories**
| Category                  | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer             |  | 25.8700%         | 0.0000%              |
| Broker-dealer             |  | 40.0000%         | 0.0000%              |
| Non-financial corporation |  | 20.9900%         | 0.0000%              |

### Class: 0I

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $631509.18

- **Number of Shares Outstanding:** 631611.1730

- **Expense Reimbursement/Waiver:** 4475.37

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 0.9998          |
|  |  |
| 2025-06-03 | 0.9998          |
|  |  |
| 2025-06-04 | 0.9998          |
|  |  |
| 2025-06-05 | 0.9998          |
|  |  |
| 2025-06-06 | 0.9998          |
|  |  |
| 2025-06-09 | 0.9998          |
|  |  |
| 2025-06-10 | 0.9998          |
|  |  |
| 2025-06-11 | 0.9998          |
|  |  |
| 2025-06-12 | 0.9998          |
|  |  |
| 2025-06-13 | 0.9998          |
|  |  |
| 2025-06-16 | 0.9998          |
|  |  |
| 2025-06-17 | 0.9998          |
|  |  |
| 2025-06-18 | 0.9998          |
|  |  |
| 2025-06-20 | 0.9998          |
|  |  |
| 2025-06-23 | 0.9998          |
|  |  |
| 2025-06-24 | 0.9998          |
|  |  |
| 2025-06-25 | 0.9998          |
|  |  |
| 2025-06-26 | 0.9998          |
|  |  |
| 2025-06-27 | 0.9998          |
|  |  |
| 2025-06-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $2245.25                  | $9.66                   |

**Total Gross Subscriptions (Month):** $2245.25

**Total Gross Redemptions (Month):** $9.66

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 4.2100%           |
| 2025-06-03 | 4.2100%           |
| 2025-06-04 | 4.2100%           |
| 2025-06-05 | 4.2100%           |
| 2025-06-06 | 4.2000%           |
| 2025-06-09 | 4.2000%           |
| 2025-06-10 | 4.2000%           |
| 2025-06-11 | 4.2000%           |
| 2025-06-12 | 4.2000%           |
| 2025-06-13 | 4.2100%           |
| 2025-06-16 | 4.2100%           |
| 2025-06-17 | 4.2100%           |
| 2025-06-18 | 4.2100%           |
| 2025-06-20 | 4.2100%           |
| 2025-06-23 | 4.2200%           |
| 2025-06-24 | 4.2200%           |
| 2025-06-25 | 4.2200%           |
| 2025-06-26 | 4.2200%           |
| 2025-06-27 | 4.2300%           |
| 2025-06-30 | 4.2200%           |

**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):** $839979834.66
- **C.18.a - Value (excl. sponsor support):** $839979834.66
- **C.19 - Percentage of Net Assets:** 100.0000%
- **C.17 - Yield as of Reporting Date:** 0.0000%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **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:** 2025-07-08

**By:** /s/Christopher Berarducci

**Name of Signing Officer:** Christopher Berarducci

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