Western Asset Management Company, LLC In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Western Asset Management Company, LLC reported 5 stock positions worth $14.4 million . Its top holding was Berry (BRY) at 51.3% of the portfolio, followed by Chord Energy (CHRD, 22.9% ) and SS Blackstone Sr Loan ETF (SRLN, 17.0% ). Compared with Q4 2023, it sold out of 1 and reduced 2. The biggest sale was an exit from iShares Core U.S. Aggregate (AGG).
Location Pasadena, CA
CIK 0001138897
Portfolio Value $14.4M (Q1 2024) Holdings 5 stocks · $14.4M Holdings quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 BRY Berry Corp. 914,022 $7.4M Reduce -3.6% CHRD Chord Energy Corp. 18,443 $3.3M Reduce -10.4% SRLN SS Blackstone Sr Loan ETF 57,974 $2.4M No change HYG Ishr Ibx Usd Hiyld CB ETF-Ui 11,200 $871K No change EMLC Vaneck JPM Em Local Curr BND 16,200 $397K No change
Other holdings (9): bonds, preferreds, convertibles and warrants · $90.2M (not counted above) Security Class Shares / Principal Value Change DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal 41,533,000 $30.5M Add +9.2% DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) NOTE 3/1 · principal 20,730,000 $18.0M No change TWO HARBORS INV CORP (TWO 6.25 01/15/26) NOTE 6.250% 1/1 · principal 16,835,000 $16.0M Reduce -0.7% DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 22,750,000 $14.3M Reduce -19.5% WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 4,965 $6.1M No change PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal 3,000,000 $2.9M No change PENNYMAC CORP (PMT 5.5 11/01/24) NOTE 5.500%11/0 · principal 1,500,000 $1.5M No change SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal 1,970,000 $928K Reduce -67.4% FLYX.WS Eg Acquisition Corp.-A -CW28 *W EXP 99/99/999 263,585 $113K No change
Total filed on the 13F, all lines: $104.6M.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ AGG iShares Core U.S. Aggregate Sold out 0.00% −31.97 CHRD Chord Energy Corp. Reduce -10.4% 22.90% +6.02 BRY Berry Corp. Reduce -3.6% 51.26% +18.39
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ None this quarter.
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ DISH NETWORK CORP (DISH 2.375 03/15/24) NOTE 2.375% 3/1 · principal Sold out 46,197,000 $45.9Mbefore exit DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal Add +9.2% 41,533,000 $30.5M TWO HARBORS INV CORP (TWO 6.25 01/15/26) NOTE 6.250% 1/1 · principal Reduce -0.7% 16,835,000 $16.0M DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal Reduce -19.5% 22,750,000 $14.3M SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal Reduce -67.4% 1,970,000 $928K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q3 2025 4 $15.7M SJNK, SHYG, WW, CHRD Q2 2025 6 $41.5M AGG, FLYYQ, SHYG, SJNK, EMLC Q1 2025 4 $6.0M SJNK, CHRD, EMLC, BKLN Q4 2024 4 $11.2M SJNK, BKLN, CHRD, EMLC Q3 2024 3 $7.6M SJNK, CHRD, EMLC Q2 2024 Amended 2 $3.2M CHRD, EMLC Q1 2024 5 $14.4M BRY, CHRD, SRLN, HYG, EMLC