Western Asset Management Company, LLC
Western Asset Management Company, LLC is a global fixed income investment manager headquartered in Pasadena, California, United States. The firm specializes in fixed income management for institutional clients and offers a range of products designed to meet both broad and specific client objectives. Founded in 1971, Western Asset has a worldwide presence with offices in major financial centers, employing approximately 870 professionals as of the most recent public data. The firm serves corporate pensions, public pensions, insurers, central banks, sovereign wealth funds, foundations, endowments, and individual investors.
Investment Strategy
Western Asset Management primarily focuses on active fixed income management, leveraging a value-oriented, long-term investment approach. The firm seeks to generate attractive risk-adjusted returns through diversified strategies spanning multiple fixed income sectors, including global government bonds, corporate credits, emerging market debt, securitized assets, and inflation-linked securities. Their investment process involves top-down macroeconomic analysis combined with rigorous bottom-up security selection, and they emphasize risk management, global research, and collaboration across their global offices to deliver investment solutions tailored to client needs.
Top Holdings
Equity Positions (7)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AGG | ISHARES TR | 27.03% | $20.6M | 208,047 | $99.20 | $99.20 | +$20.6M |
F FLYY | SPIRIT AVIATION HLDGS INC | 9.52% | $7.3M | 1,456,966 | $4.99 | $4.99 | +$7.3M |
S SHYG | ISHARES TR | 9.34% | $7.1M | 165,300 | $43.14 | $43.14 | +$7.1M |
W WFC-PL | WELLS FARGO CO NEW | 7.64% | $5.8M | 4,965 | $1490.37 | $1174.13 | -$132.4K |
S SJNK | SPDR SERIES TRUST | 7.39% | $5.6M | 221,350 | $25.71 | $25.48 | +$792.9K |