diff --git a/src/services/callHierarchy.ts b/src/services/callHierarchy.ts
index 9934c91c88e..ca5a193e78f 100644
--- a/src/services/callHierarchy.ts
+++ b/src/services/callHierarchy.ts
@@ -249,6 +249,10 @@ namespace ts.CallHierarchy {
                 }
                 return undefined;
             }
+            // #39453
+            if (isVariableDeclaration(location) && location.initializer && isConstNamedExpression(location.initializer)) {
+                return location.initializer;
+            }
             if (!followingSymbol) {
                 let symbol = typeChecker.getSymbolAtLocation(location);
                 if (symbol) {
diff --git a/tests/baselines/reference/callHierarchyCallExpressionByConstNamedFunctionExpression.callHierarchy.txt b/tests/baselines/reference/callHierarchyCallExpressionByConstNamedFunctionExpression.callHierarchy.txt
new file mode 100644
index 00000000000..470cec600f3
--- /dev/null
+++ b/tests/baselines/reference/callHierarchyCallExpressionByConstNamedFunctionExpression.callHierarchy.txt
@@ -0,0 +1,107 @@
+╭ name: bar
+├ kind: function
+├ file: /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
+├ span:
+│ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:5:13-7:2
+│ │ 5: const bar = function () {
+│ │                ^^^^^^^^^^^^^
+│ │ 6:     baz();
+│ │    ^^^^^^^^^^
+│ │ 7: }
+│ │    ^
+│ ╰
+├ selectionSpan:
+│ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:5:7-5:10
+│ │ 5: const bar = function () {
+│ │          ^^^
+│ ╰
+├ incoming:
+│ ╭ from:
+│ │ ╭ name: foo
+│ │ ├ kind: function
+│ │ ├ file: /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
+│ │ ├ span:
+│ │ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:1:1-3:2
+│ │ │ │ 1: function foo() {
+│ │ │ │    ^^^^^^^^^^^^^^^^
+│ │ │ │ 2:     bar();
+│ │ │ │    ^^^^^^^^^^
+│ │ │ │ 3: }
+│ │ │ │    ^
+│ │ │ ╰
+│ │ ├ selectionSpan:
+│ │ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:1:10-1:13
+│ │ │ │ 1: function foo() {
+│ │ │ │             ^^^
+│ │ │ ╰
+│ │ ╰ incoming: none
+│ ├ fromSpans:
+│ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:2:5-2:8
+│ │ │ 2:     bar();
+│ │ │        ^^^
+│ ╰ ╰
+│ ╭ from:
+│ │ ╭ name: /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
+│ │ ├ kind: script
+│ │ ├ file: /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
+│ │ ├ span:
+│ │ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:1:1-12:6
+│ │ │ │  1: function foo() {
+│ │ │ │     ^^^^^^^^^^^^^^^^
+│ │ │ │  2:     bar();
+│ │ │ │     ^^^^^^^^^^
+│ │ │ │  3: }
+│ │ │ │     ^
+│ │ │ │  4:
+│ │ │ │     ^
+│ │ │ │  5: const bar = function () {
+│ │ │ │     ^^^^^^^^^^^^^^^^^^^^^^^^^
+│ │ │ │  6:     baz();
+│ │ │ │     ^^^^^^^^^^
+│ │ │ │  7: }
+│ │ │ │     ^
+│ │ │ │  8:
+│ │ │ │     ^
+│ │ │ │  9: function baz() {
+│ │ │ │     ^^^^^^^^^^^^^^^^
+│ │ │ │ 10: }
+│ │ │ │     ^
+│ │ │ │ 11:
+│ │ │ │     ^
+│ │ │ │ 12: bar()
+│ │ │ │     ^^^^^
+│ │ │ ╰
+│ │ ├ selectionSpan:
+│ │ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:1:1-1:1
+│ │ │ │ 1: function foo() {
+│ │ │ │    <
+│ │ │ ╰
+│ │ ╰ incoming: none
+│ ├ fromSpans:
+│ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:12:1-12:4
+│ │ │ 12: bar()
+│ │ │     ^^^
+│ ╰ ╰
+├ outgoing:
+│ ╭ to:
+│ │ ╭ name: baz
+│ │ ├ kind: function
+│ │ ├ file: /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
+│ │ ├ span:
+│ │ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:9:1-10:2
+│ │ │ │  9: function baz() {
+│ │ │ │     ^^^^^^^^^^^^^^^^
+│ │ │ │ 10: }
+│ │ │ │     ^
+│ │ │ ╰
+│ │ ├ selectionSpan:
+│ │ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:9:10-9:13
+│ │ │ │ 9: function baz() {
+│ │ │ │             ^^^
+│ │ │ ╰
+│ │ ╰ outgoing: none
+│ ├ fromSpans:
+│ │ ╭ /tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts:6:5-6:8
+│ │ │ 6:     baz();
+│ │ │        ^^^
+╰ ╰ ╰
diff --git a/tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts b/tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
new file mode 100644
index 00000000000..05057886f70
--- /dev/null
+++ b/tests/cases/fourslash/callHierarchyCallExpressionByConstNamedFunctionExpression.ts
@@ -0,0 +1,16 @@
+/// <reference path="fourslash.ts" />
+
+//// function foo() {
+////     bar();
+//// }
+////
+//// const bar = function () {
+////     baz();
+//// }
+////
+//// function baz() {
+//// }
+////
+//// /**/bar()
+goTo.marker();
+verify.baselineCallHierarchy();