Vault-13

WESTERN ASSET HIGH YIELD DEF HYI

COM · Closed-End Fund · CUSIP 95768B107

51 institutional holders -6 vs Q1 2024
6,447,1266.4m shares reported held*
$74.8mreported value*
3 new 14 added 18 reduced 11 sold out net sold ≈ $19.3m (-1.7m shares)

* 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 ≈ $11.60.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 53Q1 23: 52Q2 23: 54Q3 23: 53Q4 23: 59Q1 24: 57Q2 24: 5151Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202252
Q4 202253
Q1 202352
Q2 202354
Q3 202353
Q4 202359
Q1 202457
Q2 202451

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 17 bought or addedQ4 22: 25 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 23 cut or sold outQ2 23: 17 bought or addedQ2 23: 27 cut or sold outQ2 23Q3 23: 18 bought or addedQ3 23: 25 cut or sold outQ4 23: 19 bought or addedQ4 23: 26 cut or sold outQ4 23Q1 24: 22 bought or addedQ1 24: 28 cut or sold outQ2 24: 17 bought or addedQ2 24: 29 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221725
Q1 20232223
Q2 20231727
Q3 20231825
Q4 20231926
Q1 20242228
Q2 20241729

Biggest buyers

Shaker Financial Services, LLC Added +67,976+68.0k
WELLS FARGO & COMPANY/MN Added +53,600+53.6k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. New +47,817+47.8k
Consolidated Portfolio Review Corp Added +36,527+36.5k
Camelot Portfolios, LLC Added +35,858+35.9k
Hara Capital LLC Added +26,725+26.7k
SFI Advisors, LLC Added +24,664+24.7k
Invesco Ltd. Added +20,969+21.0k
B. Riley Wealth Advisors, Inc. New +10,945+10.9k
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Added +9,592+9.6k

Biggest sellers

MORGAN STANLEY Reduced -965,683-965.7k
Bramshill Investments, LLC Reduced -583,955-584.0k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -163,918-163.9k
Relative Value Partners Group, LLC Sold out -45,691-45.7k
SIT INVESTMENT ASSOCIATES INC Reduced -43,849-43.8k
PFG Investments, LLC Sold out -35,273-35.3k
1607 Capital Partners, LLC Reduced -27,086-27.1k
OSAIC HOLDINGS, INC. Reduced -20,938-20.9k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC Sold out -20,637-20.6k
GC Wealth Management RIA, LLC Sold out -15,695-15.7k

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 Q2 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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 0.39% of their portfolio Minneapolis, MN 1,456,8051.5m $16.9m $16.9m 0.39% Reduced -43.8k -43,849
2 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.61% of their portfolio EDINA, MN 892,164892.2k $10.3m $10.3m 0.61% Added +9.6k +9,592
3 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 504,634504.6k $5.9m $5.9m 0.01% Added +5.9k +5,880
4 Bramshill Investments, LLC 0.52% of their portfolio NAPLES, FL 410,194410.2k $4.8m $4.8m 0.52% Reduced -584.0k -583,955
5 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 404,089404.1k $4.7m $4.7m 0.03% Reduced -10.0k -9,977
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 344,787344.8k $4.0m $4.0m 0.00% Added +53.6k +53,600
7 Uncommon Cents Investing LLC 1.10% of their portfolio JANESVILLE, WI 302,255302.3k $3.5m $3.5m 1.10% Reduced -2.6k -2,600
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 265,430265.4k $3.1m $3.1m 0.00% Reduced -965.7k -965,683
9 Hara Capital LLC 1.34% of their portfolio BELLEVUE, WA 180,743180.7k $2.1m $2.1m 1.34% Added +26.7k +26,725
10 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 138,478138.5k $1.6m $1.6m 0.00% Unchanged
11 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 138,342138.3k $1.6m $1.6m 0.00% Added +9.3k +9,283
12 PRIVATE MANAGEMENT GROUP INC 0.06% of their portfolio IRVINE, CA 136,644136.6k $1.6m $1.6m 0.06% Reduced -2.2k -2,194
13 Capital Investment Advisors, LLC 0.04% of their portfolio ATLANTA, GA 136,322136.3k $1.6m $1.6m 0.04% Reduced -1.9k -1,879
14 Shaker Financial Services, LLC 0.52% of their portfolio Arlington, VA 109,635109.6k $1.3m $1.3m 0.52% Added +68.0k +67,976
15 1607 Capital Partners, LLC 0.11% of their portfolio Richmond, VA 108,485108.5k $1.3m $1.3m 0.11% Reduced -27.1k -27,086
16 TFB Advisors LLC 0.35% of their portfolio OVERLAND PARK, KS 93,70793.7k $1.1m $1.1m 0.35% Unchanged
17 Camelot Portfolios, LLC 0.61% of their portfolio Maumee, OH 93,27593.3k $1.1m $1.1m 0.61% Added +35.9k +35,858
18 E&G Advisors, LLC 0.29% of their portfolio HOUSTON, TX 86,00286.0k $997.6k $997.6k 0.29% Reduced -1.2k -1,250
19 Consolidated Portfolio Review Corp 0.19% of their portfolio WOODBURY, NY 71,80071.8k $832.9k $832.9k 0.19% Added +36.5k +36,527
20 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 69,63369.6k $807.7k $807.7k 0.01% Added +1.7k +1,680
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 52,17552.2k $605.2k $605.2k 0.00% Reduced -3.9k -3,875
22 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio Englewood, NJ 47,81747.8k $554.7k $554.7k 0.05% New
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 44,76444.8k $519.3k $519.3k 0.00% Reduced -4.1k -4,138
24 SFI Advisors, LLC 0.36% of their portfolio Montclair, NJ 40,83840.8k $473.7k $473.7k 0.36% Added +24.7k +24,664
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 37,96638.0k $440.4k $440.4k 0.00% Added +21.0k +20,969
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 33,83333.8k $392.5k $392.5k 0.00% Reduced -20.9k -20,938
27 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 32,05332.1k $371.8k $371.8k 0.00% Reduced -5.3k -5,305
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 30,57930.6k $354.7k $354.7k 0.00% Reduced -5.7k -5,656
29 Gilman Hill Asset Management, LLC 0.04% of their portfolio NEW CANAAN, CT 20,67520.7k $239.8k $239.8k 0.04% Reduced -12.5k -12,500
30 RVW Wealth, LLC 0.02% of their portfolio LOS ANGELES, CA 19,50019.5k $226.2k $226.2k 0.02% Unchanged
31 Sonora Investment Management Group, LLC 0.02% of their portfolio TUCSON, AZ 18,39018.4k $219.9k $219.9k 0.02% Unchanged
32 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 15,60415.6k $180.2k $180.2k 0.00% First filing
33 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.01% of their portfolio London, X0 14,54414.5k $168.7k $168.7k 0.01% Reduced -163.9k -163,918
34 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 12,61912.6k $146.4k $146.4k 0.00% Reduced -1.8k -1,786
35 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 11,55311.6k $134.0k $134.0k 0.01% Unchanged
36 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 11,37511.4k $133.0k $133.0k 0.00% Unchanged
37 Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 11,00011.0k $127.6k $127.6k 0.01% Unchanged
38 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 10,94510.9k $128.0k $128.0k 0.00% New
39 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 10,32010.3k $120.0k $120.0k 0.00% Unchanged
40 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 8,1588.2k $94.6k $94.6k 0.00% New
41 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,2356.2k $72.3k $72.3k 0.00% Added +49 +49
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,8983.9k $45.0k $45.0k 0.00% Unchanged
43 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 2,9593.0k $34.3k $34.3k 0.00% Added +1.0k +1,000
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,1432.1k $24.9k $24.9k 0.00% Reduced -192 -192
45 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1941.2k $13.8k $13.8k 0.00% Unchanged
46 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 1,1161.1k $12.9k $12.9k 0.00% Unchanged
47 Gilliland Jeter Wealth Management LLC 0.00% of their portfolio LITTLE ROCK, AR 529529 $6.1k $6.1k 0.00% Unchanged
48 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 452452 $5.2k $5.2k 0.00% Added +11 +11
49 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 309309 $3.6k $3.6k 0.00% First filing
50 CWM, LLC 0.00% of their portfolio OMAHA, NE 159159 $2.0k $2.0k 0.00% Unchanged
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged