Affirm Holdings, Inc. bonds AFRM
Who owns Affirm Holdings, 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. AFRM 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 |
|---|---|---|---|---|---|---|---|---|---|
| 00827BAB2 convertible | 0% none | 2026-11-15 | USD | 98.51 | — | — | 2 | $2.3M | Jul 2026 |
| 00827BAD8 convertible | 0.75% fixed | 2029-12-15 | USD | 108.41 | — | — | 15 | $81.1M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | 2 | $83.4M | 103.46 | — | — | 15 |
| Jun 2026 | 2 | $168.1M | 107.56 | — | — | 18 |
| May 2026 | 1 | $15.3M | 110.62 | — | — | 8 |
| Apr 2026 | 2 | $75.0M | 101.40 | — | — | 14 |
| Mar 2026 | 2 | $118.0M | 95.29 | — | — | 13 |
| Feb 2026 | 2 | $15.3M | 95.68 | — | — | 7 |
| Jan 2026 | 2 | $77.9M | 100.00 | — | — | 16 |
| Dec 2025 | 2 | $60.2M | 103.48 | — | — | 14 |
| Nov 2025 | 2 | $22.7M | 101.69 | — | — | 8 |
| Oct 2025 | 2 | $76.0M | 102.14 | — | — | 17 |
| Sep 2025 | 2 | $66.4M | 101.77 | — | — | 15 |
| Aug 2025 | 2 | $27.6M | 107.44 | — | — | 7 |
| Jul 2025 | 2 | $75.5M | 99.79 | — | — | 17 |
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. 13 added, 13 cut, 9 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $56.8M | $55.9M | $0 |
| AQR Diversified Arbitrage Fund AQR Funds | 2026-06-30 | $19.6M | $22.9M | $3.6M |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $19.6M | $21.3M | $4.0M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $17.7M | $20.6M | $7.4M |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $17.0M | $19.9M | $7.5M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $13.4M | $15.5M | $800K |
| NYLIM VP MacKay Convertible Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $12.0M | $14.0M | $0 |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $11.4M | $12.4M | $0 |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $9.4M | $10.2M | $4.7M |
| Fidelity Advisor Multi-Asset Income Fund Fidelity School Street Trust | 2026-06-30 | $8.4M | $9.8M | new |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $6.2M | $6.8M | $0 |
| Virtus Artificial Intelligence & Technology Opportunities Fund | 2026-07-31 | $5.2M | $5.6M | $0 |
| Virtus Convertible & Income Fund | 2026-07-31 | $4.6M | $5.0M | $750K |
| Putnam Convertible Securities Fund | 2026-07-31 | $4.3M | $4.7M | -$705K |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $3.5M | $4.1M | new |
| Virtus Convertible & Income Fund II | 2026-07-31 | $3.7M | $4.0M | $600K |
| Virtus Equity & Convertible Income Fund | 2026-07-31 | $3.6M | $3.9M | $570K |
| Virtus Dividend, Interest & Premium Strategy Fund | 2026-07-31 | $3.6M | $3.9M | $560K |
| Global Opportunities Portfolio | 2026-07-31 | $3.4M | $3.7M | $0 |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $3.3M | $3.6M | -$2.1M |
| Virtus Diversified Income & Convertible Fund | 2026-07-31 | $2.7M | $3.0M | $445K |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $2.5M | $2.7M | -$5.1M |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $2.3M | $2.6M | -$275K |
| Empower High Yield Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $1.6M | $1.9M | -$284K |
| Voya Global Income & Growth Fund Voya Equity Trust | 2026-05-31 | $1.4M | $1.6M | new |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Morningstar Alternatives Fund ($325K), Opportunistic Fixed Income Trust ($7K), Opportunistic Fixed Income Fund ($5K).
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 |
|---|---|---|---|---|---|
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 1 | $19.6M | $21.3M | 0.30% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 1 | $13.4M | $15.5M | 0.25% |
| FCVT First Trust SSI Strategic Convertible Securities ETF | 2026-07-31 | 1 | $700K | $759K | 0.75% |
| ACVT Advent Convertible Bond ETF | 2026-05-31 | 1 | $589K | $653K | 2.02% |
| XAGG Eaton Vance Income Opportunities ETF | 2026-06-30 | 1 | $210K | $246K | 0.02% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $57K | $62K | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in AFRM'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 | 71 | $126.7M | 0 | — | 0 | — | 3 |
| 2026-06-30 | 652 | $20.98B | 35 | $842.0M | 37 | $786.3M | 62 |
| 2026-03-31 | 575 | $9.66B | 37 | $571.6M | 35 | $460.6M | 61 |
| 2025-12-31 | 627 | $17.29B | 41 | $1.32B | 38 | $1.10B | 60 |
| 2025-09-30 | 608 | $16.52B | 46 | $1.49B | 38 | $1.35B | 25 |
| 2025-06-30 | 551 | $15.29B | 35 | $1.10B | 39 | $1.06B | 26 |
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.