WESTERN ASSET HIGH YIELD DEF HYI
COM · Closed-End Fund · CUSIP 95768B107
* 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 ≈ $11.96.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 52 |
| Q4 2022 | 53 |
| Q1 2023 | 52 |
| Q2 2023 | 54 |
| Q3 2023 | 53 |
| Q4 2023 | 59 |
| Q1 2024 | 57 |
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 | 17 | 25 |
| Q1 2023 | 22 | 23 |
| Q2 2023 | 17 | 27 |
| Q3 2023 | 18 | 25 |
| Q4 2023 | 19 | 26 |
| Q1 2024 | 22 | 28 |
Biggest buyers
| MORGAN STANLEY | Added | +412.8k |
| GUGGENHEIM CAPITAL LLC | Added | +55.3k |
| Bramshill Investments, LLC | Added | +50.5k |
| PFG Investments, LLC | New | +35.3k |
| Hara Capital LLC | Added | +32.5k |
| Invesco Ltd. | New | +17.0k |
| Cetera Investment Advisers | New | +12.4k |
| RAYMOND JAMES & ASSOCIATES | Added | +11.6k |
| Future Financial Wealth Managment LLC | New | +6.9k |
| LPL Financial LLC | Added | +6.6k |
Biggest sellers
| SIT INVESTMENT ASSOCIATES INC | Reduced | -281.0k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -49.3k |
| Shaker Financial Services, LLC | Reduced | -40.3k |
| Camelot Portfolios, LLC | Reduced | -34.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Sold out | -31.5k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Reduced | -26.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -15.1k |
| COMMONWEALTH EQUITY SERVICES, LLC | Sold out | -12.1k |
| Cetera Advisor Networks LLC | Sold out | -10.9k |
| Capital Investment Advisors, LLC | Reduced | -8.5k |
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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: FIRST TRUST PORTFOLIOS LP (4.8%, 2026-07-30)
Insider purchases and sales in Q1 2024
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.
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.41% of their portfolio | 1.5m $17.9m | Reduced -281.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $14.7m | Added +412.8k |
| Bramshill Investments, LLC 1.40% of their portfolio | 994.1k $11.9m | Added +50.5k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.60% of their portfolio | 882.6k $10.6m | Reduced -26.8k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 498.8k $6.0m | Added +2.0k |
| GUGGENHEIM CAPITAL LLC 0.04% of their portfolio | 414.1k $5.0m | Added +55.3k |
| Uncommon Cents Investing LLC 1.12% of their portfolio | 304.9k $3.6m | Reduced -1.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 291.2k $3.5m | Reduced -7.1k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.18% of their portfolio | 178.5k $2.1m | Reduced -49.3k |
| Hara Capital LLC 1.11% of their portfolio | 154.0k $1.8m | Added +32.5k |
| PRIVATE MANAGEMENT GROUP INC 0.06% of their portfolio | 138.8k $1.7m | Reduced -3.5k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 138.5k $1.7m | Unchanged |
| Capital Investment Advisors, LLC 0.04% of their portfolio | 138.2k $1.7m | Reduced -8.5k |
| 1607 Capital Partners, LLC 0.13% of their portfolio | 135.6k $1.6m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 129.1k $1.5m | Added +11.6k |
| TFB Advisors LLC 0.39% of their portfolio | 93.7k $1.1m | Unchanged |
| E&G Advisors, LLC 0.33% of their portfolio | 87.3k $1.0m | Reduced -300 |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 68.0k $812.7k | Added +1.1k |
| Camelot Portfolios, LLC 0.67% of their portfolio | 57.4k $686.7k | Reduced -34.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 56.0k $670.4k | Reduced -5.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 54.8k $655.1k | Added +212 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 48.9k $584.9k | Reduced -15.1k |
| Relative Value Partners Group, LLC 0.03% of their portfolio | 45.7k $548.3k | Reduced -8.2k |
| Shaker Financial Services, LLC 0.19% of their portfolio | 41.7k $502.2k | Reduced -40.3k |
| LPL Financial LLC 0.00% of their portfolio | 37.4k $446.8k | Added +6.6k |
| UBS Group AG 0.00% of their portfolio | 36.2k $433.4k | Reduced -3.2k |
| Consolidated Portfolio Review Corp 0.11% of their portfolio | 35.3k $421.9k | Reduced -2.3k |
| PFG Investments, LLC 0.03% of their portfolio | 35.3k $421.9k | New |
| Gilman Hill Asset Management, LLC 0.07% of their portfolio | 33.2k $396.8k | Added +2.5k |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.09% of their portfolio | 20.6k $246.8k | Added +1.3k |
| RVW Wealth, LLC 0.02% of their portfolio | 19.5k $233.2k | Unchanged |
| Sonora Investment Management Group, LLC 0.02% of their portfolio | 18.4k $219.9k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 17.0k $203.3k | New |
| SFI Advisors, LLC 0.15% of their portfolio | 16.2k $193.4k | Reduced -8.4k |
| GC Wealth Management RIA, LLC 0.04% of their portfolio | 15.7k $187.7k | Added +3.4k |
| GeoWealth Management, LLC 0.01% of their portfolio | 15.4k $184.5k | Added +3.1k |
| Concurrent Investment Advisors, LLC 0.01% of their portfolio | 14.4k $172.3k | Reduced -3.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 12.4k $148.9k | New |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 11.6k $137.4k | Unchanged |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 11.4k $137.1k | Unchanged |
| Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio | 11.0k $131.6k | Unchanged |
| Stonebrook Private Inc. 0.04% of their portfolio | 10.8k $129.5k | Reduced -1.9k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 10.3k $123.0k | Unchanged |
| Future Financial Wealth Managment LLC 0.06% of their portfolio | 6.9k $82.5k | New |
| COMERICA BANK 0.00% of their portfolio | 6.2k $74.0k | Added +131 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.9k $47.0k | Reduced -1.8k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.5k $30.5k | Added +2.0k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 2.3k $27.9k | Added +292 |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 2.0k $23.4k | Reduced -600 |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 1.5k $18.3k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.2k $14.3k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 1.1k $13.3k | Unchanged |
| FNY Investment Advisers, LLC 0.01% of their portfolio | 800 $9.0k | New |
| Gilliland Jeter Wealth Management LLC 0.00% of their portfolio | 529 $6.3k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 441 $5.3k | Reduced -13 |
| CWM, LLC 0.00% of their portfolio | 159 $2.0k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |