# EDGAR Filing Document

**Accession Number:** 0001176343
**File Stem:** 0001752724-25-203557
**Filing Date:** 2025-8
**Character Count:** 20287
**Document Hash:** b7dac6d7cb09ba34973ee62709876299
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203557.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203557

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**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:** 251253250

**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

### ClearBridge Variable Large Cap Growth Portfolio (Series ID: S000016935)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000047118 | Class I      | QLMLOX          |
| C000047119 | Class II     | LVLGX           |

## 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:** ClearBridge Variable Large Cap Growth Portfolio

- **b. EDGAR series identifier (if any):** S000016935

- **c. LEI of Series:** 549300V544YNFV1OTM53

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $580968501.73

**Total Liabilities:** $497219.54

**Net Assets:** $580471282.19

**Cash Not Reported:** $84561.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047118 | 0.32%                | 7.93%                | 5.45%                |
| Class ID C000047119 | 0.30%                | 7.90%                | 5.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2725748.73              | $-840934.34                                |
| Month 2  | $-105406.80              | $40600101.06                               |
| Month 3  | $4501688.27              | $25655998.14                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Stryker Corp                                             | Stryker Corp                                             | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     26300 | NS      | $10405069.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC SHARES                                          | VISA INC SHARES                                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     79087 | NS      | $28079839.35  | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                                      | PayPal Holdings Inc                                      | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    130452 | NS      | $9695192.64   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                                  | Sherwin-Williams Co/The                                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     25500 | NS      | $8755680.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                             | Alphabet Inc                                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     71069 | NS      | $12524489.87  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                                | Tesla Inc                                                | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     33410 | NS      | $10613020.60  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                    | Uber Technologies Inc                                    | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    101653 | NS      | $9484224.90   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                   | UNITEDHEALTH GROUP INC                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     20493 | NS      | $6393201.21   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                                         | Novo Nordisk A/S                                         | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     61408 | NS      | $4238380.16   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC                             | THERMO FISHER SCIENTIFIC INC                             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     12929 | NS      | $5242192.34   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                           | Eli Lilly & Co                                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7421 | NS      | $5784892.13   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                              | NVIDIA Corp                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    398780 | NS      | $63003252.20  | 10.85%            |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                | Linde PLC                                                | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |     10800 | NS      | $5067144.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                 | RTX Corp                                                 | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     50101 | NS      | $7315748.02   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                                | Airbus SE                                                | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |    107292 | NS      | $5617809.12   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                           | Salesforce Inc                                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     42710 | NS      | $11646589.90  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan 100% US Treasury Securities Money Market Fund   | JPMorgan 100% US Treasury Securities Money Market Fund   | CUSIP: 4812A2835<br>LEI: 549300BS6M6EE7LNA816 | Long             | STIV             | RF                | US        |   7776629 | NS      | $7776629.25   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                           | ServiceNow Inc                                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2400 | NS      | $2467392.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC                                   | PALO ALTO NETWORKS INC                                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     69878 | NS      | $14299833.92  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WW GRAINGER INC                                          | WW GRAINGER INC                                          | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |     10227 | NS      | $10638534.48  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                             | Broadcom Inc                                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     28208 | NS      | $7775535.20   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                           | AMAZON.COM INC                                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    223000 | NS      | $48923970.00  | 8.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                                              | EQUINIX INC                                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      8309 | NS      | $6609560.23   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                           | Eaton Corp PLC                                           | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     35880 | NS      | $12808801.20  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FACEBOOK INC-A                                           | FACEBOOK INC                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     54817 | NS      | $40459879.53  | 6.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                           | Starbucks Corp                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     65100 | NS      | $5965113.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                                     | Taiwan Semiconductor Manufacturing Co Ltd                | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     28703 | NS      | $6500942.47   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                       | Union Pacific Corp                                       | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     35400 | NS      | $8144832.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC                                               | ZOETIS INC                                               | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     21374 | NS      | $3333275.30   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                                | APPLE INC                                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    134371 | NS      | $27568898.07  | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                           | MICROSOFT CORP                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     93277 | NS      | $46396912.57  | 7.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                          | ASML Holding NV                                          | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     12220 | NS      | $9792985.80   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Premier Institutional US Treasury Reserves | Western Asset Premier Institutional US Treasury Reserves | CUSIP: 52470G478<br>LEI: 549300FS1J68EF5THY28 | Long             | STIV             | RF                | US        |   7776629 | NS      | $7776629.41   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                                    | Monster Beverage Corp                                    | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    124500 | NS      | $7798680.00   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                               | Intuit Inc                                               | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     17028 | NS      | $13411763.64  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                             | Synopsys Inc                                             | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     16818 | NS      | $8622252.24   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                            | Accenture PLC                                            | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     22700 | NS      | $6784803.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                           | S&P Global Inc                                           | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     15399 | NS      | $8119738.71   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                                 | Marsh & McLennan Cos Inc                                 | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     33200 | NS      | $7258848.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                                   | Marvell Technology Inc                                   | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23800 | NS      | $1842120.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                   | Intuitive Surgical Inc                                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     22698 | NS      | $12334320.18  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                              | Netflix Inc                                              | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     19582 | NS      | $26222843.66  | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                               | Airbnb Inc                                               | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     60098 | NS      | $7953369.32   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                              | Workday Inc                                              | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     38730 | NS      | $9295200.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

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

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer