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 ≈ $11.60.
Trends to Q2 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 |
| Q2 2024 | 51 |
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 |
| Q2 2024 | 17 | 29 |
Biggest buyers
| Shaker Financial Services, LLC | Added | +68.0k |
| WELLS FARGO & COMPANY/MN | Added | +53.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +47.8k |
| Consolidated Portfolio Review Corp | Added | +36.5k |
| Camelot Portfolios, LLC | Added | +35.9k |
| Hara Capital LLC | Added | +26.7k |
| SFI Advisors, LLC | Added | +24.7k |
| Invesco Ltd. | Added | +21.0k |
| B. Riley Wealth Advisors, Inc. | New | +10.9k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Added | +9.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -965.7k |
| Bramshill Investments, LLC | Reduced | -584.0k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -163.9k |
| Relative Value Partners Group, LLC | Sold out | -45.7k |
| SIT INVESTMENT ASSOCIATES INC | Reduced | -43.8k |
| PFG Investments, LLC | Sold out | -35.3k |
| 1607 Capital Partners, LLC | Reduced | -27.1k |
| OSAIC HOLDINGS, INC. | Reduced | -20.9k |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC | Sold out | -20.6k |
| GC Wealth Management RIA, LLC | Sold out | -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
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.39% of their portfolio | 1.5m $16.9m | Reduced -43.8k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.61% of their portfolio | 892.2k $10.3m | Added +9.6k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 504.6k $5.9m | Added +5.9k |
| Bramshill Investments, LLC 0.52% of their portfolio | 410.2k $4.8m | Reduced -584.0k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 404.1k $4.7m | Reduced -10.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 344.8k $4.0m | Added +53.6k |
| Uncommon Cents Investing LLC 1.10% of their portfolio | 302.3k $3.5m | Reduced -2.6k |
| MORGAN STANLEY 0.00% of their portfolio | 265.4k $3.1m | Reduced -965.7k |
| Hara Capital LLC 1.34% of their portfolio | 180.7k $2.1m | Added +26.7k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 138.5k $1.6m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 138.3k $1.6m | Added +9.3k |
| PRIVATE MANAGEMENT GROUP INC 0.06% of their portfolio | 136.6k $1.6m | Reduced -2.2k |
| Capital Investment Advisors, LLC 0.04% of their portfolio | 136.3k $1.6m | Reduced -1.9k |
| Shaker Financial Services, LLC 0.52% of their portfolio | 109.6k $1.3m | Added +68.0k |
| 1607 Capital Partners, LLC 0.11% of their portfolio | 108.5k $1.3m | Reduced -27.1k |
| TFB Advisors LLC 0.35% of their portfolio | 93.7k $1.1m | Unchanged |
| Camelot Portfolios, LLC 0.61% of their portfolio | 93.3k $1.1m | Added +35.9k |
| E&G Advisors, LLC 0.29% of their portfolio | 86.0k $997.6k | Reduced -1.2k |
| Consolidated Portfolio Review Corp 0.19% of their portfolio | 71.8k $832.9k | Added +36.5k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 69.6k $807.7k | Added +1.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 52.2k $605.2k | Reduced -3.9k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio | 47.8k $554.7k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 44.8k $519.3k | Reduced -4.1k |
| SFI Advisors, LLC 0.36% of their portfolio | 40.8k $473.7k | Added +24.7k |
| Invesco Ltd. 0.00% of their portfolio | 38.0k $440.4k | Added +21.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 33.8k $392.5k | Reduced -20.9k |
| LPL Financial LLC 0.00% of their portfolio | 32.1k $371.8k | Reduced -5.3k |
| UBS Group AG 0.00% of their portfolio | 30.6k $354.7k | Reduced -5.7k |
| Gilman Hill Asset Management, LLC 0.04% of their portfolio | 20.7k $239.8k | Reduced -12.5k |
| RVW Wealth, LLC 0.02% of their portfolio | 19.5k $226.2k | Unchanged |
| Sonora Investment Management Group, LLC 0.02% of their portfolio | 18.4k $219.9k | Unchanged |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 15.6k $180.2k | First filing |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.01% of their portfolio | 14.5k $168.7k | Reduced -163.9k |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 12.6k $146.4k | Reduced -1.8k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 11.6k $134.0k | Unchanged |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 11.4k $133.0k | Unchanged |
| Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio | 11.0k $127.6k | Unchanged |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 10.9k $128.0k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 10.3k $120.0k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 8.2k $94.6k | New |
| COMERICA BANK 0.00% of their portfolio | 6.2k $72.3k | Added +49 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.9k $45.0k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 3.0k $34.3k | Added +1.0k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 2.1k $24.9k | Reduced -192 |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.2k $13.8k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 1.1k $12.9k | Unchanged |
| Gilliland Jeter Wealth Management LLC 0.00% of their portfolio | 529 $6.1k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 452 $5.2k | Added +11 |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 309 $3.6k | First filing |
| CWM, LLC 0.00% of their portfolio | 159 $2.0k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |