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 ≈ $11.84.
Trends to Q1 2025
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 |
| Q3 2024 | 54 |
| Q4 2024 | 56 |
| Q1 2025 | 58 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 17 | 27 |
| Q3 2023 | 18 | 25 |
| Q4 2023 | 19 | 26 |
| Q1 2024 | 22 | 28 |
| Q2 2024 | 17 | 29 |
| Q3 2024 | 24 | 24 |
| Q4 2024 | 19 | 24 |
| Q1 2025 | 24 | 23 |
Biggest buyers
| Huntleigh Advisors, Inc. | Added | +644.6k |
| ICON ADVISERS INC/CO | New | +417.6k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | New | +98.6k |
| READYSTATE ASSET MANAGEMENT LP | New | +45.8k |
| GUGGENHEIM CAPITAL LLC | Added | +32.2k |
| Camelot Portfolios, LLC | Added | +24.0k |
| JANE STREET GROUP, LLC | New | +17.5k |
| HRT FINANCIAL LP | New | +11.7k |
| CSS LLC/IL | New | +10.1k |
| UBS Group AG | Added | +10.1k |
Biggest sellers
| Hara Capital LLC | Reduced | -129.5k |
| Almitas Capital LLC | Sold out | -64.5k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -58.4k |
| STIFEL FINANCIAL CORP | Reduced | -24.1k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Reduced | -21.8k |
| OSAIC HOLDINGS, INC. | Reduced | -19.6k |
| SIT INVESTMENT ASSOCIATES INC | Reduced | -18.5k |
| Sanctuary Advisors, LLC | Sold out | -12.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -8.4k |
| Shaker Financial Services, LLC | Reduced | -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
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.41% of their portfolio | 1.5m $17.4m | Reduced -18.5k |
| Huntleigh Advisors, Inc. 1.95% of their portfolio | 986.5k $11.7m | Added +644.6k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.63% of their portfolio | 806.5k $9.5m | Reduced -21.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 651.6k $7.7m | Reduced -58.4k |
| GUGGENHEIM CAPITAL LLC 0.05% of their portfolio | 478.7k $5.7m | Added +32.2k |
| ICON ADVISERS INC/CO 1.16% of their portfolio | 417.6k $4.9m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 310.0k $3.7m | Reduced -276 |
| Uncommon Cents Investing LLC 1.02% of their portfolio | 293.4k $3.5m | Reduced -5.2k |
| MORGAN STANLEY 0.00% of their portfolio | 169.4k $2.0m | Added +3.5k |
| Shaker Financial Services, LLC 0.72% of their portfolio | 154.8k $1.8m | Reduced -6.7k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 138.5k $1.6m | Unchanged |
| Capital Investment Advisors, LLC 0.03% of their portfolio | 125.9k $1.5m | Reduced -51 |
| Hara Capital LLC 0.81% of their portfolio | 101.4k $1.2m | Reduced -129.5k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 98.6k $1.2m | New |
| TFB Advisors LLC 0.32% of their portfolio | 93.7k $1.1m | Unchanged |
| E&G Advisors, LLC 0.26% of their portfolio | 77.1k $913.0k | Reduced -1.2k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 74.8k $885.1k | Added +1.2k |
| Invesco Ltd. 0.00% of their portfolio | 72.8k $862.3k | Added +3.2k |
| Camelot Portfolios, LLC 0.52% of their portfolio | 71.2k $843.5k | Added +24.0k |
| 1607 Capital Partners, LLC 0.07% of their portfolio | 70.8k $838.6k | Unchanged |
| Consolidated Portfolio Review Corp 0.13% of their portfolio | 69.7k $824.9k | Reduced -4.2k |
| Everstar Asset Management, LLC 0.40% of their portfolio | 51.4k $608.6k | Unchanged |
| READYSTATE ASSET MANAGEMENT LP 0.03% of their portfolio | 45.8k $541.7k | New |
| NorthCoast Asset Management LLC 0.00% of their portfolio | 42.4k $502.2k | Reduced -1.9k |
| UBS Group AG 0.00% of their portfolio | 38.2k $452.1k | Added +10.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 36.0k $426.3k | Reduced -8.4k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.04% of their portfolio | 34.4k $407.4k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 29.2k $345.3k | Added +2.7k |
| RVW Wealth, LLC 0.03% of their portfolio | 27.6k $327.1k | Unchanged |
| Sonora Investment Management Group, LLC 0.02% of their portfolio | 18.4k $217.7k | Unchanged |
| Gilman Hill Asset Management, LLC 0.04% of their portfolio | 18.4k $217.6k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 17.5k $207.4k | New |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 17.5k $207.2k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 16.8k $198.3k | Reduced -24.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 16.7k $197.2k | Added +2.5k |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 16.5k $195.7k | Added +1.4k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 13.0k $153.9k | Added +408 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 12.6k $149.2k | Reduced -19.6k |
| HRT FINANCIAL LP 0.00% of their portfolio | 11.7k $138.0k | New |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 11.6k $136.8k | Unchanged |
| MRA Advisory Group 0.07% of their portfolio | 11.5k $136.3k | Added +35 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 11.4k $135.0k | Added +17 |
| Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio | 11.0k $130.2k | Unchanged |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 10.4k $124.1k | Reduced -975 |
| CSS LLC/IL 0.01% of their portfolio | 10.1k $119.6k | New |
| COMERICA BANK 0.00% of their portfolio | 6.6k $77.7k | Added +142 |
| Future Financial Wealth Managment LLC 0.06% of their portfolio | 6.4k $75.8k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.9k $46.0k | Reduced -145 |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 3.0k $35.0k | Unchanged |
| Elequin Capital, LP 0.01% of their portfolio | 2.7k $31.9k | Reduced -1.8k |
| Quest 10 Wealth Builders, Inc. 0.03% of their portfolio | 2.6k $31.2k | Added +41 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 2.3k $27.2k | Added +51 |
| Financial Perspectives, Inc 0.01% of their portfolio | 2.0k $24.2k | Unchanged |
| Noble Wealth Management PBC 0.01% of their portfolio | 1.7k $19.8k | Reduced -150 |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 1.1k $13.2k | Unchanged |
| FNY Investment Advisers, LLC 0.01% of their portfolio | 800 $9.0k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 485 $5.7k | Added +7 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |