Vault-13

WESTERN DIGITAL CORP. WDC 1.5 02.01.24

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

124 institutional holders +8 vs Q1 2023
190,601,097190.6m shares reported held*
$1.1bnreported value*
22 new 25 added 24 reduced 15 sold out net bought ≈ $1.4m (+10.3m 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 ≈ $5.57.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 108Q1 23: 116Q2 23: 124124Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022100
Q4 2022108
Q1 2023116
Q2 2023124

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 23Q2 23: 47 bought or addedQ2 23: 39 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223736
Q1 20234933
Q2 20234739

Biggest buyers

Fort Baker Capital Management LP New +25,500,000+25.5m
BlackRock Inc. Added +16,685,000+16.7m
Linden Advisors LP New +16,000,000+16.0m
WELLS FARGO & COMPANY/MN Added +14,968,000+15.0m
GLAZER CAPITAL, LLC New +11,966,000+12.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +10,213,000+10.2m
CITADEL ADVISORS LLC New +10,000,000+10.0m
JPMORGAN CHASE & CO Added +8,342,000+8.3m
TORONTO DOMINION BANK Added +6,500,000+6.5m
SILVERBACK ASSET MANAGEMENT LLC New +4,895,000+4.9m

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -55,531,000-55.5m
Brandywine Global Investment Management, LLC Reduced -12,725,000-12.7m
NEW YORK STATE COMMON RETIREMENT FUND Sold out -9,533,000-9.5m
LORD, ABBETT & CO. LLC Reduced -7,345,000-7.3m
LORD, ABBETT & CO. LLC Reduced -7,345,000-7.3m
TELEMUS CAPITAL, LLC Sold out -7,333,000-7.3m
MORGAN STANLEY Reduced -4,846,000-4.8m
VICTORY CAPITAL MANAGEMENT INC Reduced -4,200,000-4.2m
CONNING INC. Reduced -4,035,000-4.0m
AXA S.A. Reduced -3,900,000-3.9m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio San Antonio, TX 123,067,500123.1m $119.3m $119.3m 0.13% Reduced -4.2m -4,200,000
2 LORD, ABBETT & CO. LLC 0.13% of their portfolio JERSEY CITY, NJ 75,634,00075.6m $73.5m $73.5m 0.13% Reduced -7.3m -7,345,000
3 LORD, ABBETT & CO. LLC 0.13% of their portfolio JERSEY CITY, NJ 75,634,00075.6m $73.5m $73.5m 0.13% Reduced -7.3m -7,345,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 1.23% of their portfolio NEW YORK, NY 60,213,00060.2m $58.8m $58.8m 1.23% Added +10.2m +10,213,000
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% Unchanged
6 BlackRock Inc. 0.00% of their portfolio New York, NY 51,915,00051.9m $50.3m $50.3m 0.00% Added +16.7m +16,685,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.92% of their portfolio NEW YORK, NY 46,974,00047.0m $45.8m $45.8m 0.92% Reduced -55.5m -55,531,000
8 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 46,426,00046.4m $45.0m $45.0m 0.01% Unchanged
9 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.07% of their portfolio FRANKFURT AM MAIN, 2M 43,450,00043.5m $42.1m $42.1m 0.07% Reduced -1.0m -1,000,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 38,751,00038.8m $37.5m $37.5m 0.00% Added +8.3m +8,342,000
11 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 28,028,00028.0m $27.2m $27.2m 0.14% Unchanged
12 Fort Baker Capital Management LP 3.52% of their portfolio Larkspur, CA 25,500,00025.5m $24.8m $24.8m 3.52% New
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 25,244,00025.2m $24.6m $24.6m 0.00% Added +3.0m +3,000,000
14 OAKTREE CAPITAL MANAGEMENT LP 0.30% of their portfolio LOS ANGELES, CA 22,413,00022.4m $21.8m $21.8m 0.30% Added +830.0k +830,000
15 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 20,198,00020.2m $19.6m $19.6m 0.01% Added +15.0m +14,968,000
16 PIER 88 INVESTMENT PARTNERS LLC 4.60% of their portfolio SAN FRANCISCO, CA 19,148,08019.1m $18.6m $18.6m 4.60% Reduced -2.1m -2,060,000
17 INCOME RESEARCH & MANAGEMENT 11.21% of their portfolio Boston, MA 18,603,00018.6m $18.0m $18.0m 11.21% Reduced -3.8m -3,797,000
18 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 17,350,00017.4m $16.8m $16.8m 0.04% Unchanged
19 Linden Advisors LP 0.16% of their portfolio New York, NY 16,000,00016.0m $15.5m $15.5m 0.16% New
20 CQS (US), LLC 1.86% of their portfolio NEW YORK, NY 16,000,00016.0m $15.5m $15.5m 1.86% Unchanged
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,238,00015.2m $14.8m $14.8m 0.00% Added +3.7m +3,685,000
22 Financial Sense Advisors, Inc. 6.62% of their portfolio SAN DIEGO, CA 14,849,00014.8m $14.5m $14.5m 6.62% Reduced -295.0k -295,000
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,295,00014.3m $13.9m $13.9m 0.00% Added +302.0k +302,000
24 SSI INVESTMENT MANAGEMENT LLC 0.95% of their portfolio Los Angeles, CA 14,035,00014.0m $13.6m $13.6m 0.95% Reduced -830.0k -830,000
25 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 13,750,00013.8m $13.1m $13.1m 0.01% Reduced -1.2m -1,250,000
26 Brandywine Global Investment Management, LLC 0.10% of their portfolio PHILADELPHIA, PA 12,725,00012.7m $12.4m $12.4m 0.10% Reduced -12.7m -12,725,000
27 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
28 PIPER SANDLER & CO. 12.75% of their portfolio MINNEAPOLIS, MN 12,311,00012.3m $11.9m $11.9m 12.75% Added +3.3m +3,329,000
29 GLAZER CAPITAL, LLC 0.77% of their portfolio New York, NY 11,966,00012.0m $11.6m $11.6m 0.77% New
30 RWC Asset Management LLP 0.55% of their portfolio LONDON, X0 11,850,00011.8m $11.5m $11.5m 0.55% Unchanged
31 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 11,646,00011.6m $11.3m $11.3m 0.01% Added +2.3m +2,260,000
32 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,765,00010.8m $10.5m $10.5m 0.01% Unchanged
33 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 10,250,00010.2m $9.9m $9.9m 0.01% Unchanged
34 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 10,000,00010.0m $9.7m $9.7m 0.01% Added +6.5m +6,500,000
35 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 10,000,00010.0m $9.7m $9.7m 0.01% New
36 PALISADE CAPITAL MANAGEMENT, LP 0.24% of their portfolio FORT LEE, NJ 9,463,0009.5m $9.2m $9.2m 0.24% Added +1.3m +1,330,000
37 SHENKMAN CAPITAL MANAGEMENT INC 0.59% of their portfolio NEW YORK, NY 7,682,0007.7m $7.5m $7.5m 0.59% Reduced -3.1m -3,089,000
38 MacKay Shields LLC 0.15% of their portfolio New York, NY 5,370,0005.4m $5.2m $5.2m 0.15% Reduced -37.0k -37,000
39 SILVERBACK ASSET MANAGEMENT LLC 0.65% of their portfolio DURHAM, NC 4,895,0004.9m $4.8m $4.8m 0.65% New
40 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,562,0004.6m $4.5m $4.5m 0.00% Added +565.0k +565,000
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,530,0004.5m $4.4m $4.4m 0.00% Reduced -4.8m -4,846,000
42 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 4,528,0004.5m $4.4m $4.4m 0.01% Reduced -472.0k -472,000
43 CONNING INC. 0.14% of their portfolio HARTFORD, CT 4,450,0004.5m $4.3m $4.3m 0.14% Reduced -4.0m -4,035,000
44 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,920,0003.9m $3.8m $3.8m 0.00% Unchanged
45 AEGON USA Investment Management, LLC 1.97% of their portfolio CEDAR RAPIDS, IA 3,545,0003.5m $3.4m $3.4m 1.97% Reduced -3.5m -3,545,000
46 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 19.38% of their portfolio TOKYO, M0 3,440,0003.4m $3.3m $3.3m 19.38% Added +300.0k +300,000
47 Monashee Investment Management LLC 0.74% of their portfolio Boston, MA 3,198,0003.2m $3.1m $3.1m 0.74% New
48 RATIONAL ADVISORS, INC. 0.25% of their portfolio San Juan, PR 3,123,0803.1m $3.0m $3.0m 0.25% Reduced -2.1m -2,060,000
49 ONTARIO TEACHERS PENSION PLAN BOARD 0.03% of their portfolio Toronto, A6 3,000,0003.0m $2.9m $2.9m 0.03% Unchanged
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 1,576,0001.6m $1.5m $1.5m 0.00% Added +363.0k +363,000
51 PACIFIC GLOBAL INVESTMENT MANAGEMENT CO 0.31% of their portfolio Glendale, CA 1,530,0001.5m $1.5m $1.5m 0.31% Reduced -15.0k -15,000
52 AXA S.A. 0.00% of their portfolio PARIS, I0 1,156,0001.2m $1.1m $1.1m 0.00% Reduced -3.9m -3,900,000
53 Liberty Mutual Group Asset Management Inc. 0.18% of their portfolio Boston, MA 750,000750.0k $727.1k $727.1k 0.18% Unchanged
54 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $677.8k $677.8k 0.00% Unchanged
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 700,000700.0k $677.8k $677.8k 0.00% New
56 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 600,000600.0k $584.7k $584.7k 0.01% Unchanged
57 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 549,000549.0k $529.4k $529.4k 0.00% Unchanged
58 ZAZOVE ASSOCIATES LLC 0.04% of their portfolio INCLINE VILLAGE, NV 500,000500.0k $485.0k $485.0k 0.04% New
59 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 320,000320.0k $310.2k $310.2k 0.01% Reduced -54.0k -54,000
60 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 275,000275.0k $266.6k $266.6k 0.00% First filing
61 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 261,768261.8k $261.8k $261.8k 0.00% Added +149.9k +149,944
62 JAG CAPITAL MANAGEMENT, LLC 0.03% of their portfolio ST LOUIS, MO 261,000261.0k $253.0k $253.0k 0.03% Unchanged
63 Cutler Capital Management, LLC 0.11% of their portfolio WORCESTER, MA 250,000250.0k $242.4k $242.4k 0.11% Added +30.0k +30,000
64 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 250,000250.0k $242.4k $242.4k 0.01% Added +31.0k +31,000
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 246,000246.0k $238.5k $238.5k 0.00% New
66 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 191,000191.0k $185.0k $185.0k 0.00% New
67 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 184,000184.0k $179.3k $179.3k 0.00% Added +79.0k +79,000
68 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 174,000174.0k $168.7k $168.7k 0.01% Unchanged
69 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 170,000170.0k $164.8k $164.8k 0.00% Unchanged
70 SEAVIEW INVESTMENT MANAGERS LLC 0.05% of their portfolio MIAMI, FL 150,000150.0k $145.4k $145.4k 0.05% Unchanged
71 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 140,000140.0k $135.7k $135.7k 0.00% Unchanged
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 133,000133.0k $128.9k $128.9k 0.00% Added +39.0k +39,000
73 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 115,000115.0k $111.0k $111.0k 0.00% Added +34.0k +34,000
74 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 110,000110.0k $106.5k $106.5k 0.00% New
75 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 100,000100.0k $97.0k $97.0k 0.01% Unchanged
76 CreativeOne Wealth, LLC 0.00% of their portfolio OVERLAND PARK, KS 88,00088.0k $86.0k $86.0k 0.00% Added +44.0k +44,000
77 Dynamic Advisor Solutions LLC 0.00% of their portfolio PHOENIX, AZ 82,00082.0k $79.5k $79.5k 0.00% Reduced -30.0k -30,000
78 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 72,00072.0k $69.8k $69.8k 0.00% Added +2.0k +2,000
79 DFPG INVESTMENTS, LLC 0.01% of their portfolio SANDY, UT 69,00069.0k $67.2k $67.2k 0.01% Unchanged
80 TOWNSQUARE CAPITAL LLC 0.00% of their portfolio Lehi, UT 69,00069.0k $66.9k $66.9k 0.00% Unchanged
81 Oaktree Fund Advisors, LLC 0.05% of their portfolio LOS ANGLES, CA 58,00058.0k $56.5k $56.5k 0.05% New
82 Moors & Cabot, Inc. 0.00% of their portfolio BOSTON, MA 50,00050.0k $48.5k $48.5k 0.00% Unchanged
83 Fiduciary Group, LLC 0.01% of their portfolio SAVANNAH, GA 50,00050.0k $48.5k $48.5k 0.01% Unchanged
84 Claro Advisors Inc. 0.01% of their portfolio BOSTON, MA 47,00047.0k $45.6k $45.6k 0.01% Unchanged
85 CHILDRESS CAPITAL ADVISORS, LLC 0.02% of their portfolio HOUSTON, TX 46,00046.0k $44.6k $44.6k 0.02% New
86 Northside Capital Management, LLC 0.01% of their portfolio Hood River, OR 44,00044.0k $42.4k $42.4k 0.01% Unchanged
87 Schechter Investment Advisors, LLC 0.00% of their portfolio BIRMINGHAM, MI 40,00040.0k $38.8k $38.8k 0.00% Unchanged
88 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 36,00036.0k $34.9k $34.9k 0.00% Added +10.0k +10,000
89 Bison Wealth, LLC 0.01% of their portfolio Atlanta, GA 34,00034.0k $33.0k $33.0k 0.01% New
90 PATRON PARTNERS, LLC 0.02% of their portfolio HOUSTON, TX 32,00032.0k $30.9k $30.9k 0.02% Unchanged
91 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 31,00031.0k $30.0k $30.0k 0.01% Unchanged
92 BEACON INVESTMENT ADVISORS LLC 0.02% of their portfolio Gaithersburg, MD 30,00030.0k $29.1k $29.1k 0.02% New
93 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 29,00029.0k $28.1k $28.1k 0.00% Unchanged
94 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 28,00028.0k $27.1k $27.1k 0.00% Unchanged
95 Goldstein Advisors, LLC 0.01% of their portfolio Madison, WI 26,00026.0k $25.2k $25.2k 0.01% Unchanged
96 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 25,00025.0k $24.2k $24.2k 0.00% Unchanged
97 Traynor Capital Management, Inc. 0.00% of their portfolio MALVERN, PA 25,00025.0k $24.2k $24.2k 0.00% Unchanged
98 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 25,00025.0k $24.3k $24.3k 0.00% Unchanged
99 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 24,00024.0k $23.3k $23.3k 0.00% Unchanged
100 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 23,00023.0k $22.3k $22.3k 0.00% Unchanged