NPORT-P false 0001176343 XXXXXXXX S000008304 C000047600 C000022693 Legg Mason Partners Variable Equity Trust 811-21128 0001176343 549300W9EP2BXVLOGN89 620 Eighth Avenue 49thFloor New York 10018 1-877-721-1926 ClearBridge Variable Dividend Strategy Portfolio S000008304 5493002UOIQFVG3SUR80 2020-12-31 2020-06-30 N 420470084.62 347952.18 420122132.44 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 138088.31000000 N NESTLE SA-SPONS ADR KY37LUS27QQX7BB93L28 641069406 96120.00000000 NS USD 10615492.80000000 2.526763524298 Long EC CORP CH N 1 N N N WA Premier Institutional U.S. Treasury Reserves-Premium Shares 549300FS1J68EF5THY28 52470G478 1906088.96000000 NS USD 1906088.96000000 0.453698773004 Long STIV RF US N 1 N N N Linde PLC 8945002PAZHZLBGKGF02 000000000 45060.00000000 NS USD 9557676.60000000 2.274975742051 Long EC CORP GB N 1 N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 46625H100 63250.00000000 NS USD 5949295.00000000 1.416087023420 Long EC CORP US N 1 N N N Public Service Enterprise Grou PUSS41EMO3E6XXNV3U28 744573106 94310.00000000 NS USD 4636279.60000000 1.103555190742 Long EC CORP US N 1 N N N MONDELEZ INTERNATIONAL INC-A 549300DV9GIB88LZ5P30 609207105 177110.00000000 NS USD 9055634.30000000 2.155476610433 Long EC CORP US N 1 N N N Blackstone Group Inc/The 5299004LW4QWGZUB8Y96 09260D107 229000.00000000 NS USD 12975140.00000000 3.088420960981 Long EC CORP US N 1 N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 060505104 258310.00000000 NS USD 6134862.50000000 1.460256917284 Long EC CORP US N 1 N N N US BANCORP N1GZ7BBF3NP8GI976H15 902973304 98660.00000000 NS USD 3632661.20000000 0.864667895238 Long EC CORP US N 1 N N N PFIZER INC 765LHXWGK1KXCLTFYQ30 717081103 194410.00000000 NS USD 6357207.00000000 1.513180694165 Long EC CORP US N 1 N N N INTERNATIONAL PAPER CO 824LMFJDH41EY779Q875 460146103 72360.00000000 NS USD 2547795.60000000 0.606441651907 Long EC CORP US N 1 N N N American International Group I ODVCVCQG2BP6VHV36M30 026874784 183300.00000000 NS USD 5715294.00000000 1.360388696212 Long EC CORP US N 1 N N N WALMART INC Y87794H0US1R65VBXU25 931142103 67600.00000000 NS USD 8097128.00000000 1.927327168643 Long EC CORP US N 1 N N N Apollo Global Management Inc 54930054P2G7ZJB0KM79 03768E105 170500.00000000 NS USD 8511360.00000000 2.025925163848 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 037833100 55729.00000000 NS USD 20329939.20000000 4.839054558236 Long EC CORP US N 1 N N N PROCTER & GAMBLE CO/THE 2572IBTT8CCZW6AU4141 742718109 87900.00000000 NS USD 10510203.00000000 2.501701812032 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GROUP CFGNEKW0P8842LEUIA51 693475105 43200.00000000 NS USD 4545072.00000000 1.081845408525 Long EC CORP US N 1 N N N ZOETIS INC 549300HD9Q1LOC9KLJ48 98978V103 41010.00000000 NS USD 5620010.40000000 1.337708719928 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 907818108 45400.00000000 NS USD 7675778.00000000 1.827034904212 Long EC CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027X100 44050.00000000 NS USD 11388687.00000000 2.710803864070 Long EC CORP US N 1 N N N KINDER MORGAN INC/DE 549300WR7IX8XE0TBO16 49456B101 446350.00000000 NS USD 6771129.50000000 1.611705020317 Long EC CORP US N 1 N N N MERCK & CO. INC. 4YV9Y5M8S0BRK1RP0397 58933Y105 133580.00000000 NS USD 10329741.40000000 2.458747255234 Long EC CORP US N 1 N N N ECOLAB INC 82DYEISM090VG8LTLS26 278865100 44310.00000000 NS USD 8815474.50000000 2.098312328560 Long EC CORP US N 1 N N N WEC ENERGY GROUP INC 549300IGLYTZUK3PVP70 92939U106 49590.00000000 NS USD 4346563.50000000 1.034595219908 Long EC CORP US N 1 N N N WILLIAMS COS INC D71FAKCBLFS2O0RBPG08 969457100 490470.00000000 NS USD 9328739.40000000 2.220482731014 Long EC CORP US N 1 N N N METLIFE INC C4BXATY60WC6XEOZDX54 59156R108 158536.00000000 NS USD 5789734.72000000 1.378107524679 Long EC CORP US N 1 N N N TRAVELERS COS INC/THE 549300Y650407RU8B149 89417E109 49440.00000000 NS USD 5638632.00000000 1.342141145302 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 16390.00000000 NS USD 5172847.90000000 1.231272408800 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 594918104 129130.00000000 NS USD 26279246.30000000 6.255144461772 Long EC CORP US N 1 N N N Vulcan Materials Co 549300Q8LSNHAVWBNI21 929160109 55780.00000000 NS USD 6462113.00000000 1.538151052045 Long EC CORP US N 1 N N N Becton Dickinson and Co ICE2EP6D98PQUILVRZ91 075887109 28610.00000000 NS USD 6845514.70000000 1.629410633579 Long EC CORP US N 1 N N N Raytheon Technologies Corp I07WOS4YJ0N7YRFE7309 75513E101 208474.00000000 NS USD 12846167.88000000 3.057722240290 Long EC CORP US N 1 N N N Boston Properties Inc 549300OF70FSEUQBT254 101121101 39590.00000000 NS USD 3578144.20000000 0.851691430589 Long EC CORP US N 1 N N N TEXAS INSTRUMENTS INC WDJNR2L6D8RWOEB8T652 882508104 59620.00000000 NS USD 7569951.40000000 1.801845419577 Long EC CORP US N 1 N N N INTEL CORP KNX4USFCNGPY45LOCE31 458140100 45830.00000000 NS USD 2742008.90000000 0.652669471154 Long EC CORP US N 1 N N N Enbridge Inc 98TPTUM4IVMFCZBCUR27 29250N105 173309.00000000 NS USD 5272059.78000000 1.254887417946 Long EC CORP CA N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 30231G102 35340.00000000 NS USD 1580404.80000000 0.376177467923 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 91324P102 27410.00000000 NS USD 8084579.50000000 1.924340299104 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE-CL B D01LMJZU09ULLNCY6Z23 911312106 73100.00000000 NS USD 8127258.00000000 1.934498892690 Long EC CORP US N 1 N N N WALT DISNEY CO 549300GZKULIZ0WOW665 254687106 56930.00000000 NS USD 6348264.30000000 1.511052098857 Long EC CORP US N 1 N N N Otis Worldwide Corp 549300ZLBKR8VSU25153 68902V107 44235.00000000 NS USD 2515202.10000000 0.598683550755 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC 2S72QS2UO2OESLG6Y829 92343V104 150675.00000000 NS USD 8306712.75000000 1.977213792988 Long EC CORP US N 1 N N N NEXTERA ENERGY INC N/A 65339F101 34280.00000000 NS USD 8233027.60000000 1.959674809842 Long EC CORP US N 1 N N N Carrier Global Corp 549300JE3W6CWY2NAN77 14448C104 88470.00000000 NS USD 1965803.40000000 0.467912363622 Long EC CORP US N 1 N N N COMCAST CORP 51M0QTTNCGUN7KFCFZ59 20030N101 322700.00000000 NS USD 12578846.00000000 2.994092676561 Long EC CORP US N 1 N N N PPG INDUSTRIES INC 549300BKPEP01R3V6C59 693506107 90280.00000000 NS USD 9575096.80000000 2.279122202962 Long EC CORP US N 1 N N N Edison International 549300I7ROF15MAEVP56 281020107 112512.00000000 NS USD 6110526.72000000 1.454464368375 Long EC CORP US N 1 N N N VISA INC SHARES 549300JZ4OKEHW3DPJ59 92826C839 45110.00000000 NS USD 8713898.70000000 2.074134644940 Long EC CORP US N 1 N N N JPMorgan 100% US Treasury Securities Money Market Fund 549300BS6M6EE7LNA816 4812A2835 7624355.79000000 NS USD 7624355.79000000 1.814795080116 Long STIV RF US N 1 N N N MASTERCARD INC - A AR5L2ODV9HN37376R084 57636Q104 36430.00000000 NS USD 10772351.00000000 2.564099857685 Long EC CORP US N 1 N N N WASTE MANAGEMENT INC 549300YX8JIID70NFS41 94106L109 81540.00000000 NS USD 8635901.40000000 2.055569257883 Long EC CORP US N 1 N N N HOME DEPOT INC QEKMOTMBBKA8I816DO57 437076102 39290.00000000 NS USD 9842537.90000000 2.342780144153 Long EC CORP US N 1 N N N COCA-COLA CO UWJKFUJFZ02DKWI3RY53 191216100 170830.00000000 NS USD 7632684.40000000 1.816777506024 Long EC CORP US N 1 N N N JOHNSON & JOHNSON 549300G0CFPGEF6X2043 478160104 68360.00000000 NS USD 9613466.80000000 2.288255261432 Long EC CORP US N 1 N N N 2020-08-20 Legg Mason Partners Variable Equity Trust Christopher Berarducci Christopher Berarducci Principal Financial Officer