ADT Inc. bonds ADT
Who owns ADT Inc.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. ADT stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 00109LAA1 | 4.125% fixed | 2029-08-01 | USD | 95.80 | 5.67% | 141 bp | 34 | $69.2M | Jul 2026 |
| 74166NAA2 | 4.875% fixed | 2032-07-15 | USD | 93.56 | 6.18% | 179 bp | 21 | $27.6M | Jul 2026 |
| 00109LAB9 | 5.875% fixed | 2033-10-15 | USD | 97.01 | 6.40% | 193 bp | 45 | $73.5M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 3 | $170.3M | 95.80 | 6.18% | 179 bp | 45 |
| Jun 2026 | 3 | $218.7M | 95.88 | 5.97% | 170 bp | 74 |
| May 2026 | 3 | $141.3M | 96.05 | 5.92% | 168 bp | 27 |
| Apr 2026 | 3 | $184.2M | 96.17 | 5.80% | 175 bp | 48 |
| Mar 2026 | 3 | $208.4M | 95.55 | 6.13% | 216 bp | 72 |
| Feb 2026 | 3 | $136.1M | 97.56 | 5.43% | 161 bp | 27 |
| Jan 2026 | 3 | $182.2M | 97.43 | 5.46% | 153 bp | 48 |
| Dec 2025 | 3 | $236.7M | 97.60 | 5.45% | 159 bp | 66 |
| Nov 2025 | 3 | $134.2M | 97.29 | 5.43% | 160 bp | 25 |
| Oct 2025 | 3 | $165.6M | 96.85 | 5.44% | 164 bp | 42 |
| Sep 2025 | 3 | $114.0M | 96.87 | 5.43% | 159 bp | 43 |
| Aug 2025 | 2 | $96.8M | 96.47 | 5.30% | 145 bp | 25 |
| Jul 2025 | 2 | $92.9M | 95.36 | 5.54% | 152 bp | 37 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 61 added, 36 cut, 9 new holders and 13 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $55.7M | $53.3M | $5.7M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $29.9M | $29.0M | $3.8M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $28.3M | $27.6M | $2.0M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $22.0M | $21.3M | $4.0M |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $20.9M | $20.1M | -$13.6M |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $18.7M | $17.8M | $550K |
| American High Income Trust | 2026-06-30 | $17.4M | $16.9M | -$35K |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $15.9M | $15.4M | $2.6M |
| iShares High Yield Systematic Bond ETF iShares Trust | 2026-05-31 | $15.8M | $15.1M | -$31K |
| High Yield Bond Series Manning & Napier Fund, Inc. | 2026-06-30 | $14.5M | $14.2M | $0 |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $12.1M | $11.5M | $95K |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $10.8M | $10.2M | $165K |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $10.1M | $9.9M | $2.1M |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $9.5M | $9.0M | $360K |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $9.3M | $8.9M | -$25K |
| JNL/PPM America High Yield Bond Fund JNL Series Trust | 2026-06-30 | $7.5M | $7.4M | $2.9M |
| Victory Pioneer Strategic Income Fund Victory Portfolios IV | 2026-06-30 | $7.2M | $7.1M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $6.9M | $6.6M | -$822K |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $6.5M | $6.3M | $0 |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $6.5M | $6.2M | $124K |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $6.2M | $6.0M | -$629K |
| Bond Fund of America | 2026-06-30 | $6.0M | $5.7M | $0 |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $5.9M | $5.7M | $0 |
| Xtrackers USD High Yield BB-B ex Financials ETF DBX ETF Trust | 2026-05-31 | $5.4M | $5.2M | $476K |
| Transamerica Bond TRANSAMERICA FUNDS | 2026-07-31 | $5.3M | $5.0M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Virtus Income & Growth Fund ($5.9M), Hartford Dynamic Bond Fund ($4.7M), Goldman Sachs High Yield Fund ($1.7M), Payden Absolute Return Bond Fund ($1.6M), STERLING CAPITAL ENHANCED CORE BOND ETF ($791K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($532K), THE HARTFORD BALANCED INCOME FUND ($295K), JPMorgan Global Allocation Fund ($280K), Payden Managed Income Fund ($200K), BlackRock Global Allocation Fund, Inc. ($184K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 3 | $55.7M | $53.3M | 0.19% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $29.9M | $29.0M | 0.18% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $22.0M | $21.3M | 0.19% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $15.9M | $15.4M | 0.21% |
| HYDB iShares High Yield Systematic Bond ETF | 2026-05-31 | 3 | $15.8M | $15.1M | 0.93% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $9.3M | $8.9M | 0.12% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 2 | $6.5M | $6.2M | 0.28% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $6.2M | $6.0M | 0.17% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 3 | $5.4M | $5.2M | 0.22% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $5.0M | $4.8M | 0.10% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $4.7M | $4.5M | 0.18% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 2 | $4.0M | $3.8M | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $3.7M | $3.5M | 0.01% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $3.6M | $3.4M | 0.04% |
| SYSB iShares Systematic Bond ETF | 2026-07-31 | 3 | $2.0M | $1.9M | 0.16% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.92: safer than 48% of companies (47th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $4.91B |
| Debt barrier (short-term + ½ long-term debt) | $3.96B |
| Equity volatility (1 year) | 29.4% |
| Asset value / asset volatility (solved) | $8.71B / 16.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 179 bp spread prices in about 3.0% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z = 0.57 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in ADT's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 54 | $84.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 442 | $4.42B | 6 | $2.7M | 9 | $7.6M | 0 |
| 2026-03-31 | 432 | $4.40B | 8 | $5.3M | 8 | $19.8M | 0 |
| 2025-12-31 | 439 | $6.09B | 9 | $6.6M | 9 | $19.9M | 0 |
| 2025-09-30 | 451 | $6.44B | 8 | $25.0M | 11 | $30.6M | 0 |
| 2025-06-30 | 414 | $6.55B | 6 | $15.5M | 11 | $17.1M | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.