WESTERN ASSET PREMIER BD FD WEA
SHS BEN INT · Closed-End Fund · CUSIP 957664105
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.20.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 41 |
| Q4 2022 | 38 |
| Q1 2023 | 41 |
| Q2 2023 | 41 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 16 | 20 |
| Q1 2023 | 19 | 16 |
| Q2 2023 | 19 | 15 |
Biggest buyers
| MORGAN STANLEY | Added | +294.9k |
| Consolidated Portfolio Review Corp | New | +60.1k |
| GUGGENHEIM CAPITAL LLC | Added | +32.1k |
| OSAIC HOLDINGS, INC. | Added | +27.1k |
| IFP Advisors, Inc | Added | +25.6k |
| BENJAMIN F. EDWARDS & COMPANY, INC. | Added | +23.5k |
| MELFA WEALTH MANAGEMENT, INC. | New | +23.4k |
| PNC Financial Services Group, Inc. | New | +18.3k |
| Insight Wealth Partners, LLC | Added | +8.5k |
| RIVERBRIDGE PARTNERS LLC | Added | +7.0k |
Biggest sellers
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -41.5k |
| Invesco Ltd. | Reduced | -14.0k |
| M Holdings Securities, Inc. | Sold out | -10.3k |
| Janney Montgomery Scott LLC | Reduced | -10.2k |
| TRUIST FINANCIAL CORP | Reduced | -9.6k |
| 1607 Capital Partners, LLC | Reduced | -6.9k |
| Integrated Wealth Concepts LLC | Reduced | -6.7k |
| LPL Financial LLC | Reduced | -6.7k |
| ProVise Management Group, LLC | Reduced | -4.0k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -3.0k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution +2.2 pts · filed 2026-05-12 | 17.8% |
| SIT INVESTMENT ASSOCIATES INC 13G · institution filed 2025-01-03 | 5.6% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 2 | $331.3k | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $201.6k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.41% of their portfolio | 1.5m $15.8m | Added +3.6k |
| 1607 Capital Partners, LLC 0.65% of their portfolio | 891.0k $9.1m | Reduced -6.9k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 818.3k $8.3m | Added +3.1k |
| MORGAN STANLEY 0.00% of their portfolio | 816.9k $8.3m | Added +294.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 238.1k $2.4m | Added +27.1k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 188.9k $1.9m | Added +32.1k |
| Fiera Capital Corp 0.00% of their portfolio | 149.4k $1.5m | Unchanged |
| ProVise Management Group, LLC 0.13% of their portfolio | 137.6k $1.4m | Reduced -4.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 137.2k $1.4m | Reduced -2.4k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 134.2k $1.4m | Reduced -9.6k |
| LPL Financial LLC 0.00% of their portfolio | 130.0k $1.3m | Reduced -6.7k |
| Karpus Management, Inc. 0.03% of their portfolio | 97.3k $991.1k | Reduced -165 |
| Insight Wealth Partners, LLC 0.73% of their portfolio | 86.7k $883.8k | Added +8.5k |
| Cetera Investment Advisers 0.01% of their portfolio | 73.7k $751.1k | Added +421 |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 68.4k $697.4k | Reduced -6.7k |
| IFP Advisors, Inc 0.02% of their portfolio | 61.9k $703.6k | Added +25.6k |
| Consolidated Portfolio Review Corp 0.15% of their portfolio | 60.1k $612.6k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 52.1k $531.0k | Reduced -10.2k |
| AQR Arbitrage LLC 0.02% of their portfolio | 39.0k $397.4k | Added +5.1k |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio | 29.5k $301.0k | Added +23.5k |
| RIVERBRIDGE PARTNERS LLC 0.00% of their portfolio | 24.2k $246.5k | Added +7.0k |
| MELFA WEALTH MANAGEMENT, INC. 0.24% of their portfolio | 23.4k $238.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.6k $210.2k | Reduced -999 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 18.3k $186.6k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 15.6k $158.6k | Added +421 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 14.9k $151.8k | Added +600 |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 11.7k $118.9k | Reduced -41.5k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 11.7k $118.9k | Reduced -3.0k |
| Strategic Financial Concepts, LLC 0.04% of their portfolio | 10.9k $111.3k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.7k $109.0k | Added +39 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.3k $105.0k | Added +1.4k |
| Invesco Ltd. 0.00% of their portfolio | 10.0k $102.2k | Reduced -14.0k |
| UBS Group AG 0.00% of their portfolio | 7.2k $72.9k | Added +1.6k |
| Beacon Capital Management, LLC 0.01% of their portfolio | 3.5k $35.2k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 2.3k $23.4k | Unchanged |
| PIN OAK INVESTMENT ADVISORS INC 0.02% of their portfolio | 1.5k $15.0k | Unchanged |
| PFS Partners, LLC 0.00% of their portfolio | 333 $3.4k | Unchanged |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 300 $3.0k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 271 $2.8k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $10 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |