Vault-13

WESTERN DIGITAL CORP. WDC 1.5 02.01.24

NOTE 1.500% 2/0 · US DOMESTIC · CUSIP 958102AP0

116 institutional holders +8 vs Q4 2022
180,058,208180.1m shares reported held*
$1.1bnreported value*
22 new 27 added 18 reduced 15 sold out net bought ≈ $43.3m (+47.6m 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 ≈ $5.86.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 108Q1 23: 116116Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022100
Q4 2022108
Q1 2023116

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 37 bought or addedQ4 22: 36 cut or sold outQ4 22Q1 23: 49 bought or addedQ1 23: 33 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223736
Q1 20234933

Biggest buyers

LORD, ABBETT & CO. LLC Added +33,916,000+33.9m
LORD, ABBETT & CO. LLC Added +33,916,000+33.9m
Brandywine Global Investment Management, LLC Added +10,135,000+10.1m
PIPER SANDLER & CO. New +8,982,000+9.0m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +7,500,000+7.5m
JPMORGAN CHASE & CO Added +6,430,000+6.4m
RATIONAL ADVISORS, INC. New +5,183,080+5.2m
TRUIST FINANCIAL CORP New +5,000,000+5.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +4,200,000+4.2m
ROYAL BANK OF CANADA Added +2,740,000+2.7m

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -14,704,000-14.7m
BlackRock Inc. Reduced -13,545,000-13.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -10,585,000-10.6m
SILVERBACK ASSET MANAGEMENT LLC Sold out -8,000,000-8.0m
OAKTREE CAPITAL MANAGEMENT LP Reduced -6,232,000-6.2m
CREDIT SUISSE AG/ Reduced -5,750,000-5.8m
VICTORY CAPITAL MANAGEMENT INC Reduced -4,552,000-4.6m
WELLS FARGO & COMPANY/MN Reduced -3,587,000-3.6m
STATE STREET CORP Reduced -3,554,000-3.6m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,696,000-2.7m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio San Antonio, TX 127,267,500127.3m $122.8m $122.8m 0.14% Reduced -4.6m -4,552,000
2 ADVENT CAPITAL MANAGEMENT /DE/ 1.90% of their portfolio NEW YORK, NY 102,505,000102.5m $99.3m $99.3m 1.90% Reduced -14.7m -14,704,000
3 LORD, ABBETT & CO. LLC 0.14% of their portfolio JERSEY CITY, NJ 82,979,00083.0m $80.2m $80.2m 0.14% Added +33.9m +33,916,000
4 LORD, ABBETT & CO. LLC 0.14% of their portfolio JERSEY CITY, NJ 82,979,00083.0m $80.2m $80.2m 0.14% Added +33.9m +33,916,000
5 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 52,400,00052.4m $50.5m $50.5m 0.02% Added +4.2m +4,200,000
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.96% of their portfolio NEW YORK, NY 50,000,00050.0m $48.4m $48.4m 0.96% Unchanged
7 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 46,426,00046.4m $44.8m $44.8m 0.01% Unchanged
8 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.07% of their portfolio FRANKFURT AM MAIN, 2M 44,450,00044.5m $42.9m $42.9m 0.07% Reduced -1.0m -1,000,000
9 BlackRock Inc. 0.00% of their portfolio New York, NY 35,230,00035.2m $34.0m $34.0m 0.00% Reduced -13.5m -13,545,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 30,409,00030.4m $29.4m $29.4m 0.00% Added +6.4m +6,430,000
11 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 28,028,00028.0m $27.1m $27.1m 0.14% Unchanged
12 Brandywine Global Investment Management, LLC 0.10% of their portfolio PHILADELPHIA, PA 25,450,00025.4m $24.7m $24.7m 0.10% Added +10.1m +10,135,000
13 INCOME RESEARCH & MANAGEMENT 11.15% of their portfolio Boston, MA 22,400,00022.4m $21.6m $21.6m 11.15% Unchanged
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 22,244,00022.2m $21.5m $21.5m 0.00% Reduced -3.6m -3,554,000
15 OAKTREE CAPITAL MANAGEMENT LP 0.24% of their portfolio LOS ANGELES, CA 21,583,00021.6m $20.9m $20.9m 0.24% Reduced -6.2m -6,232,000
16 PIER 88 INVESTMENT PARTNERS LLC 4.95% of their portfolio SAN FRANCISCO, CA 21,208,08021.2m $20.4m $20.4m 4.95% Added +1.3m +1,270,000
17 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 17,350,00017.4m $16.7m $16.7m 0.04% Unchanged
18 CQS (US), LLC 1.95% of their portfolio NEW YORK, NY 16,000,00016.0m $15.5m $15.5m 1.95% Unchanged
19 Financial Sense Advisors, Inc. 6.68% of their portfolio SAN DIEGO, CA 15,144,00015.1m $14.6m $14.6m 6.68% Added +1.0m +1,010,000
20 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 15,000,00015.0m $14.2m $14.2m 0.01% Reduced -5.8m -5,750,000
21 SSI INVESTMENT MANAGEMENT LLC 1.01% of their portfolio Los Angeles, CA 14,865,00014.9m $14.3m $14.3m 1.01% Reduced -1.9m -1,857,000
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,993,00014.0m $13.5m $13.5m 0.00% Reduced -847.0k -847,000
23 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio Paris, I0 12,500,00012.5m $12.1m $12.1m 0.04% Unchanged
24 RWC Asset Management LLP 0.35% of their portfolio LONDON, X0 11,850,00011.8m $11.4m $11.4m 0.35% Unchanged
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,553,00011.6m $11.1m $11.1m 0.00% Added +2.7m +2,740,000
26 SHENKMAN CAPITAL MANAGEMENT INC 0.79% of their portfolio NEW YORK, NY 10,771,00010.8m $10.5m $10.5m 0.79% Unchanged
27 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,765,00010.8m $10.4m $10.4m 0.01% Unchanged
28 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 10,250,00010.2m $9.9m $9.9m 0.01% Added +7.5m +7,500,000
29 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 9,533,0009.5m $9.2m $9.2m 0.01% Unchanged
30 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 9,386,0009.4m $9.0m $9.0m 0.01% Reduced -2.0m -2,000,000
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,376,0009.4m $9.0m $9.0m 0.00% Added +113.0k +113,000
32 PIPER SANDLER & CO. 6.06% of their portfolio MINNEAPOLIS, MN 8,982,0009.0m $8.7m $8.7m 6.06% New
33 CONNING INC. 0.27% of their portfolio HARTFORD, CT 8,485,0008.5m $8.2m $8.2m 0.27% Unchanged
34 PALISADE CAPITAL MANAGEMENT, LP 0.21% of their portfolio FORT LEE, NJ 8,133,0008.1m $7.8m $7.8m 0.21% Added +800.0k +800,000
35 TELEMUS CAPITAL, LLC 0.62% of their portfolio Southfield, MI 7,333,0007.3m $7.1m $7.1m 0.62% Added +65.0k +65,000
36 AEGON USA Investment Management, LLC 1.95% of their portfolio CEDAR RAPIDS, IA 7,090,0007.1m $6.8m $6.8m 1.95% Unchanged
37 MacKay Shields LLC 0.14% of their portfolio New York, NY 5,407,0005.4m $5.2m $5.2m 0.14% Reduced -215.0k -215,000
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,230,0005.2m $5.1m $5.1m 0.00% Reduced -3.6m -3,587,000
39 RATIONAL ADVISORS, INC. 0.41% of their portfolio San Juan, PR 5,183,0805.2m $5.0m $5.0m 0.41% New
40 AXA S.A. 0.02% of their portfolio PARIS, I0 5,056,0005.1m $4.9m $4.9m 0.02% Reduced -1.3m -1,300,000
41 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 5,000,0005.0m $4.8m $4.8m 0.01% New
42 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,997,0004.0m $3.9m $3.9m 0.00% Reduced -2.7m -2,696,000
43 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,920,0003.9m $3.8m $3.8m 0.00% Added +300.0k +300,000
44 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,500,0003.5m $3.4m $3.4m 0.01% Added +1.0m +1,000,000
45 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 81.26% of their portfolio TOKYO, M0 3,140,0003.1m $3.0m $3.0m 81.26% Added +320.0k +320,000
46 ONTARIO TEACHERS PENSION PLAN BOARD 0.03% of their portfolio Toronto, A6 3,000,0003.0m $2.9m $2.9m 0.03% Unchanged
47 Monashee Investment Management LLC 0.74% of their portfolio Boston, MA 2,789,0002.8m $2.7m $2.7m 0.74% Reduced -211.0k -211,000
48 Wellesley Asset Management 0.18% of their portfolio PORTSMOUTH, NH 2,525,0002.5m $2.4m $2.4m 0.18% Added +2.5m +2,522,475
49 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 2,375,0002.4m $2.3m $2.3m 0.00% New
50 PACIFIC GLOBAL INVESTMENT MANAGEMENT CO 0.33% of their portfolio Glendale, CA 1,545,0001.5m $1.5m $1.5m 0.33% Unchanged
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 1,213,0001.2m $1.2m $1.2m 0.00% Added +157.0k +157,000
52 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 1,000,0001.0m $966.4k $966.4k 0.03% New
53 Liberty Mutual Group Asset Management Inc. 0.16% of their portfolio Boston, MA 750,000750.0k $723.0k $723.0k 0.16% Unchanged
54 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $676.1k $676.1k 0.00% Unchanged
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 700,000700.0k $676.0k $676.0k 0.00% Unchanged
56 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 600,000600.0k $581.4k $581.4k 0.01% First filing
57 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 549,000549.0k $529.3k $529.3k 0.00% Added +6.0k +6,000
58 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 374,000374.0k $360.5k $360.5k 0.01% Unchanged
59 JAG CAPITAL MANAGEMENT, LLC 0.03% of their portfolio ST LOUIS, MO 261,000261.0k $251.6k $251.6k 0.03% Unchanged
60 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 245,000245.0k $236.0k $236.0k 0.00% New
61 Cutler Capital Management, LLC 0.09% of their portfolio WORCESTER, MA 220,000220.0k $212.1k $212.1k 0.09% Added +198.0k +198,000
62 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 219,000219.0k $211.1k $211.1k 0.01% Added +24.0k +24,000
63 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 174,000174.0k $167.7k $167.7k 0.01% Added +123.0k +123,000
64 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 170,000170.0k $163.9k $163.9k 0.00% Unchanged
65 SEAVIEW INVESTMENT MANAGERS LLC 0.05% of their portfolio MIAMI, FL 150,000150.0k $144.6k $144.6k 0.05% New
66 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 140,000140.0k $135.0k $135.0k 0.00% Unchanged
67 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 112,000112.0k $108.0k $108.0k 0.01% Added +77.0k +77,000
68 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 111,824111.8k $111.8k $111.8k 0.00% Added +7.0k +7,047
69 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 105,000105.0k $101.7k $101.7k 0.00% New
70 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 100,000100.0k $96.4k $96.4k 0.01% Unchanged
71 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 94,00094.0k $90.6k $90.6k 0.00% Added +4.0k +4,000
72 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 82,00082.0k $79.0k $79.0k 0.01% New
73 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 81,00081.0k $78.0k $78.0k 0.00% Added +11.0k +11,000
74 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 70,00070.0k $67.5k $67.5k 0.00% Added +12.0k +12,000
75 DFPG INVESTMENTS, LLC 0.01% of their portfolio SANDY, UT 69,00069.0k $66.5k $66.5k 0.01% New
76 TOWNSQUARE CAPITAL LLC 0.00% of their portfolio Lehi, UT 69,00069.0k $66.5k $66.5k 0.00% New
77 Sterling Investment Counsel, LLC 0.04% of their portfolio Buffalo, NY 65,00065.0k $62.7k $62.7k 0.04% New
78 Moors & Cabot, Inc. 0.00% of their portfolio BOSTON, MA 50,00050.0k $48.2k $48.2k 0.00% Unchanged
79 Fiduciary Group, LLC 0.01% of their portfolio SAVANNAH, GA 50,00050.0k $48.2k $48.2k 0.01% New
80 HOHIMER WEALTH MANAGEMENT, LLC 0.01% of their portfolio SEATTLE, WA 49,00049.0k $47.2k $47.2k 0.01% Unchanged
81 Claro Advisors Inc. 0.01% of their portfolio BOSTON, MA 47,00047.0k $45.3k $45.3k 0.01% Unchanged
82 Northside Capital Management, LLC 0.01% of their portfolio Hood River, OR 44,00044.0k $42.4k $42.4k 0.01% Unchanged
83 CreativeOne Wealth, LLC 0.00% of their portfolio OVERLAND PARK, KS 44,00044.0k $42.0k $42.0k 0.00% New
84 Schechter Investment Advisors, LLC 0.00% of their portfolio BIRMINGHAM, MI 40,00040.0k $38.6k $38.6k 0.00% Unchanged
85 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 36,00036.0k $34.8k $34.8k 0.00% New
86 PATRON PARTNERS, LLC 0.02% of their portfolio HOUSTON, TX 32,00032.0k $30.9k $30.9k 0.02% Unchanged
87 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 31,00031.0k $29.9k $29.9k 0.01% Unchanged
88 One Capital Management, LLC 0.00% of their portfolio WESTLAKE VILLAGE, CA 30,00030.0k $28.9k $28.9k 0.00% New
89 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 29,00029.0k $28.0k $28.0k 0.00% New
90 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 28,00028.0k $27.0k $27.0k 0.00% Unchanged
91 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 26,00026.0k $25.1k $25.1k 0.00% Unchanged
92 Goldstein Advisors, LLC 0.01% of their portfolio Madison, WI 26,00026.0k $25.1k $25.1k 0.01% Reduced -8.0k -8,000
93 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 25,00025.0k $24.1k $24.1k 0.00% Unchanged
94 Traynor Capital Management, Inc. 0.00% of their portfolio MALVERN, PA 25,00025.0k $24.1k $24.1k 0.00% Unchanged
95 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 25,00025.0k $24.1k $24.1k 0.00% New
96 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 24,00024.0k $23.1k $23.1k 0.00% Unchanged
97 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 23,00023.0k $22.2k $22.2k 0.00% Unchanged
98 FourThought Financial Partners, LLC 0.00% of their portfolio VENICE, FL 23,00023.0k $22.2k $22.2k 0.00% Unchanged
99 Certified Advisory Corp 0.00% of their portfolio ALTAMONTE SPRINGS, FL 20,00020.0k $19.3k $19.3k 0.00% Unchanged
100 Financial & Tax Architects, LLC 0.01% of their portfolio ST LOUIS, MO 19,00019.0k $18.3k $18.3k 0.01% Unchanged