Vault-13

WESTERN ASSET HIGH YIELD DEF HYI

COM · Closed-End Fund · CUSIP 95768B107

58 institutional holders +2 vs Q4 2024
7,296,8567.3m shares reported held*
$86.4mreported value*
7 new 17 added 18 reduced 5 sold out net bought ≈ $11.2m (+941.9k 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 ≈ $11.84.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 53Q1 23: 52Q2 23: 54Q3 23: 53Q4 23: 59Q1 24: 57Q2 24: 51Q3 24: 54Q4 24: 56Q1 25: 5858Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202252
Q4 202253
Q1 202352
Q2 202354
Q3 202353
Q4 202359
Q1 202457
Q2 202451
Q3 202454
Q4 202456
Q1 202558

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 17 bought or addedQ2 23: 27 cut or sold outQ3 23: 18 bought or addedQ3 23: 25 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 26 cut or sold outQ1 24: 22 bought or addedQ1 24: 28 cut or sold outQ1 24Q2 24: 17 bought or addedQ2 24: 29 cut or sold outQ3 24: 24 bought or addedQ3 24: 24 cut or sold outQ3 24Q4 24: 19 bought or addedQ4 24: 24 cut or sold outQ1 25: 24 bought or addedQ1 25: 23 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231727
Q3 20231825
Q4 20231926
Q1 20242228
Q2 20241729
Q3 20242424
Q4 20241924
Q1 20252423

Biggest buyers

Huntleigh Advisors, Inc. Added +644,574+644.6k
ICON ADVISERS INC/CO New +417,617+417.6k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +98,577+98.6k
READYSTATE ASSET MANAGEMENT LP New +45,753+45.8k
GUGGENHEIM CAPITAL LLC Added +32,229+32.2k
Camelot Portfolios, LLC Added +24,014+24.0k
JANE STREET GROUP, LLC New +17,521+17.5k
HRT FINANCIAL LP New +11,697+11.7k
CSS LLC/IL New +10,100+10.1k
UBS Group AG Added +10,066+10.1k

Biggest sellers

Hara Capital LLC Reduced -129,506-129.5k
Almitas Capital LLC Sold out -64,498-64.5k
RAYMOND JAMES FINANCIAL INC Reduced -58,403-58.4k
STIFEL FINANCIAL CORP Reduced -24,100-24.1k
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Reduced -21,764-21.8k
OSAIC HOLDINGS, INC. Reduced -19,649-19.6k
SIT INVESTMENT ASSOCIATES INC Reduced -18,468-18.5k
Sanctuary Advisors, LLC Sold out -12,622-12.6k
BANK OF AMERICA CORP /DE/ Reduced -8,442-8.4k
Shaker Financial Services, LLC Reduced -6,701-6.7k

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 Q1 2025

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 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 0.41% of their portfolio Minneapolis, MN 1,470,4611.5m $17.4m $17.4m 0.41% Reduced -18.5k -18,468
2 Huntleigh Advisors, Inc. 1.95% of their portfolio ST. LOUIS, MO 986,460986.5k $11.7m $11.7m 1.95% Added +644.6k +644,574
3 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.63% of their portfolio EDINA, MN 806,469806.5k $9.5m $9.5m 0.63% Reduced -21.8k -21,764
4 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 651,568651.6k $7.7m $7.7m 0.00% Reduced -58.4k -58,403
5 GUGGENHEIM CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 478,654478.7k $5.7m $5.7m 0.05% Added +32.2k +32,229
6 ICON ADVISERS INC/CO 1.16% of their portfolio GREENWOOD VILLAGE, CO 417,617417.6k $4.9m $4.9m 1.16% New
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 310,003310.0k $3.7m $3.7m 0.00% Reduced -276 -276
8 Uncommon Cents Investing LLC 1.02% of their portfolio JANESVILLE, WI 293,450293.4k $3.5m $3.5m 1.02% Reduced -5.2k -5,250
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 169,432169.4k $2.0m $2.0m 0.00% Added +3.5k +3,461
10 Shaker Financial Services, LLC 0.72% of their portfolio Arlington, VA 154,820154.8k $1.8m $1.8m 0.72% Reduced -6.7k -6,701
11 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 138,478138.5k $1.6m $1.6m 0.00% Unchanged
12 Capital Investment Advisors, LLC 0.03% of their portfolio ATLANTA, GA 125,898125.9k $1.5m $1.5m 0.03% Reduced -51 -51
13 Hara Capital LLC 0.81% of their portfolio BELLEVUE, WA 101,403101.4k $1.2m $1.2m 0.81% Reduced -129.5k -129,506
14 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.06% of their portfolio WEST PALM BEACH, FL 98,57798.6k $1.2m $1.2m 0.06% New
15 TFB Advisors LLC 0.32% of their portfolio OVERLAND PARK, KS 93,70793.7k $1.1m $1.1m 0.32% Unchanged
16 E&G Advisors, LLC 0.26% of their portfolio HOUSTON, TX 77,11077.1k $913.0k $913.0k 0.26% Reduced -1.2k -1,200
17 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 74,75974.8k $885.1k $885.1k 0.01% Added +1.2k +1,163
18 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 72,82972.8k $862.3k $862.3k 0.00% Added +3.2k +3,183
19 Camelot Portfolios, LLC 0.52% of their portfolio Maumee, OH 71,24171.2k $843.5k $843.5k 0.52% Added +24.0k +24,014
20 1607 Capital Partners, LLC 0.07% of their portfolio Richmond, VA 70,82870.8k $838.6k $838.6k 0.07% Unchanged
21 Consolidated Portfolio Review Corp 0.13% of their portfolio WOODBURY, NY 69,67369.7k $824.9k $824.9k 0.13% Reduced -4.2k -4,184
22 Everstar Asset Management, LLC 0.40% of their portfolio MOORESVILLE, NC 51,40551.4k $608.6k $608.6k 0.40% Unchanged
23 READYSTATE ASSET MANAGEMENT LP 0.03% of their portfolio CHICAGO, IL 45,75345.8k $541.7k $541.7k 0.03% New
24 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 42,41942.4k $502.2k $502.2k 0.00% Reduced -1.9k -1,866
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 38,18738.2k $452.1k $452.1k 0.00% Added +10.1k +10,066
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 36,00736.0k $426.3k $426.3k 0.00% Reduced -8.4k -8,442
27 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.04% of their portfolio London, X0 34,40734.4k $407.4k $407.4k 0.04% Unchanged
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 29,16229.2k $345.3k $345.3k 0.00% Added +2.7k +2,721
29 RVW Wealth, LLC 0.03% of their portfolio LOS ANGELES, CA 27,62327.6k $327.1k $327.1k 0.03% Unchanged
30 Sonora Investment Management Group, LLC 0.02% of their portfolio TUCSON, AZ 18,39018.4k $217.7k $217.7k 0.02% Unchanged
31 Gilman Hill Asset Management, LLC 0.04% of their portfolio NEW CANAAN, CT 18,37518.4k $217.6k $217.6k 0.04% Unchanged
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 17,52117.5k $207.4k $207.4k 0.00% New
33 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 17,50017.5k $207.2k $207.2k 0.00% Unchanged
34 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 16,75016.8k $198.3k $198.3k 0.00% Reduced -24.1k -24,100
35 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,65416.7k $197.2k $197.2k 0.00% Added +2.5k +2,487
36 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 16,52916.5k $195.7k $195.7k 0.00% Added +1.4k +1,391
37 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 12,98813.0k $153.9k $153.9k 0.00% Added +408 +408
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 12,60312.6k $149.2k $149.2k 0.00% Reduced -19.6k -19,649
39 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,69711.7k $138.0k $138.0k 0.00% New
40 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 11,55311.6k $136.8k $136.8k 0.01% Unchanged
41 MRA Advisory Group 0.07% of their portfolio PARSIPPANY, NJ 11,50911.5k $136.3k $136.3k 0.07% Added +35 +35
42 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,36011.4k $135.0k $135.0k 0.00% Added +17 +17
43 Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 11,00011.0k $130.2k $130.2k 0.01% Unchanged
44 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 10,40010.4k $124.1k $124.1k 0.00% Reduced -975 -975
45 CSS LLC/IL 0.01% of their portfolio CHICAGO, IL 10,10010.1k $119.6k $119.6k 0.01% New
46 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,5636.6k $77.7k $77.7k 0.00% Added +142 +142
47 Future Financial Wealth Managment LLC 0.06% of their portfolio CINCINNATI, OH 6,4006.4k $75.8k $75.8k 0.06% Unchanged
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,8623.9k $46.0k $46.0k 0.00% Reduced -145 -145
49 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 2,9593.0k $35.0k $35.0k 0.00% Unchanged
50 Elequin Capital, LP 0.01% of their portfolio NEW YORK, NY 2,6952.7k $31.9k $31.9k 0.01% Reduced -1.8k -1,780
51 Quest 10 Wealth Builders, Inc. 0.03% of their portfolio Fuquay-Varina, VA 2,6322.6k $31.2k $31.2k 0.03% Added +41 +41
52 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,2952.3k $27.2k $27.2k 0.00% Added +51 +51
53 Financial Perspectives, Inc 0.01% of their portfolio MINNEAPOLIS, MN 2,0452.0k $24.2k $24.2k 0.01% Unchanged
54 Noble Wealth Management PBC 0.01% of their portfolio GREENWOOD VILLAGE, CO 1,6751.7k $19.8k $19.8k 0.01% Reduced -150 -150
55 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 1,1161.1k $13.2k $13.2k 0.00% Unchanged
56 FNY Investment Advisers, LLC 0.01% of their portfolio NEW YORK, NY 800800 $9.0k $9.0k 0.01% New
57 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 485485 $5.7k $5.7k 0.00% Added +7 +7
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged