Western Asset Management 13F annual report
Western Asset Management is an investment fund managing more than $9.07 billion ran by Daniel Giddings. There are currently 3 companies in Mr. Giddings’s portfolio. The largest investments include Wells Fargo Co New and Chord Energy Corporation, together worth $8.68 billion.
$9.07 billion Assets Under Management (AUM)
As of 7th August 2024, Western Asset Management’s top holding is 4,965 shares of Wells Fargo Co New currently worth over $5.9 billion and making up 65.1% of the portfolio value.
In addition, the fund holds 16,560 shares of Chord Energy Corporation worth $2.78 billion.
The third-largest holding is VanEck ETF Trust worth $385 million.
Currently, Western Asset Management's portfolio is worth at least $9.07 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Western Asset Management
The Western Asset Management office and employees reside in Pasadena, California. According to the last 13-F report filed with the SEC, Daniel Giddings serves as the Global Chief Compliance Officer at Western Asset Management.
Recent trades
There are companies that Western Asset Management is getting rid of from its portfolio.
Western Asset Management closed its position in Berry Corp on 14th August 2024.
It sold the previously owned 914,022 shares for $7.36 billion.
Daniel Giddings also disclosed a decreased stake in Chord Energy Corporation by 0.1%.
This leaves the value of the investment at $2.78 billion and 16,560 shares.
One of the smallest hedge funds
The two most similar investment funds to Western Asset Management are Coalescence Partners Investment Management, L.P. and Hernani L.P.. They manage $9.04 billion and $9.04 billion respectively.
Daniel Giddings investment strategy
Western Asset Management’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Miscellaneous — making up 4.2% of
the total portfolio value.
The fund focuses on investments in the Unknown as
100.0% of the portfolio companies
are based in the Unknown.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
33% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $0.
The complete list of Western Asset Management trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Berry Corp |
Closed
914,022
|
$7,357,877,000 | |
| Wells Fargo Co New |
No change
4,965
|
$5,903,236,000 | 65.12% |
| Chord Energy Corporation |
10.21%
16,560
|
$2,776,781,000 | 30.63% |
| Ssga Active Etf Tr |
Closed
57,974
|
$2,441,285,000 | |
| Ishares Tr |
Closed
11,200
|
$870,576,000 | |
| VanEck ETF Trust |
No change
16,200
|
$385,236,000 | 4.25% |
| No transactions found | |||
| Showing first 500 out of 6 holdings | |||
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- Coalescence Partners Investment Management, L.P.
- Hernani L.P.
- Fjarde Ap-fonden fourth Swedish National Pension Fund
- Qcm Cayman
- Ma Investment Partnership, L.P.
- State Of Alaska, Department Of Revenue
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