WEA β€” WESTERN ASSET PREMIER BD FD

Ownership history in BENJAMIN EDWARDS INC  Β·  5 quarters on record

This page tracks every 13F SEC filing in which BENJAMIN EDWARDS INC reported a position in WESTERN ASSET PREMIER BD FD (WEA). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

Position Intelligence

BENJAMIN EDWARDS INC Γ— WEA AI Analytics

πŸ“‰ BENJAMIN EDWARDS INC underperformed the S&P 500 by –9.5% annually on this WEA position. Timing score: 25% (1/4 decisions correct). Average cost basis: $10.16. Maximum drawdown during holding period: –2.7%.

πŸ“ˆ Position Alpha vs SPY
-9.5%
annualised excess return

❌ Significantly underperformed the S&P 500 by 9.5% ann.
4 quarters analyzed

⏱️ Timing Score
25%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
1 of 4 add/trim decisions correct

πŸ’° Entry Quality
$10.16
+7.1% vs current ($10.88)

Best entry: $10.12 (2024 Q3)  Β·  Worst: $10.45 (2025 Q1)

πŸ›‘οΈ Drawdown Resilience
–2.7%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
60%
buy-side decisions

3 adds Β· 2 trims. Bought during 1 of 2 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    WEA price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 5 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 15,200 -4,170 -21.5% 0.00% $171K $10.88
2025 Q2 ADDED 19,370 +90 +0.5% 0.00% $210K $10.31
2025 Q1 ADDED 19,280 +3,500 +22.2% 0.00% $216K $10.45
2024 Q4 REDUCED 15,780 -10,280 -39.4% 0.00% $170K $9.85
2024 Q3 INITIATED 26,060 β€” β€” 0.00% $294K $10.12
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