Alibaba Group Holding Limited bonds BABA
Who owns Alibaba Group Holding Limited'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. BABA 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 |
|---|---|---|---|---|---|---|---|---|---|
| 01609WAT9 | 3.4% fixed | 2027-12-06 | USD | 98.57 | 4.50% | 39 bp | 6 | $23.9M | Jul 2026 |
| HK0001082178 | 2.8% fixed | 2029-11-28 | CNY | 102.62 | 1.98% | — | 1 | $2.7M | Jul 2026 |
| 01609WBM3 | 4.88% fixed | 2030-05-26 | USD | 100.56 | 4.72% | 43 bp | 7 | $7.0M | Jul 2026 |
| 01609WAX0 | 2.125% fixed | 2031-02-09 | USD | 89.54 | 4.72% | 41 bp | 9 | $17.0M | Jul 2026 |
| 01609WBG6 convertible | 0.5% fixed | 2031-06-01 | USD | 138.06 | — | — | 19 | $501.1M | Jul 2026 |
| YM0158654 | 0% none | 2032-07-09 | HKD | 93.80 | — | — | 1 | $1.6M | Jul 2026 |
| G01719AP1 | 0% fixed | 2032-09-15 | USD | 88.75 | 1.93% | -235 bp | 2 | $1.3M | Jun 2026 |
| YK0592740 convertible | 0% none | 2032-09-15 | USD | 96.71 | — | — | 14 | $39.5M | Jul 2026 |
| TC91Y8ZU4 | 0% none | 2032-09-15 | USD | 97.38 | — | — | 1 | $116K | May 2026 |
| 01609WAR3 | 4.5% fixed | 2034-11-28 | USD | 95.29 | 5.20% | 68 bp | 9 | $6.8M | Jul 2026 |
| 01609WBP6 | 5.25% fixed | 2035-05-26 | USD | 100.26 | 5.21% | 67 bp | 8 | $4.7M | Jul 2026 |
| 01609WAU6 | 4% fixed | 2037-12-06 | USD | 88.13 | 5.41% | 74 bp | 7 | $5.5M | Jul 2026 |
| 01609WAY8 | 2.7% fixed | 2041-02-09 | USD | 71.31 | 5.62% | 78 bp | 9 | $3.1M | Jul 2026 |
| 01609WAV4 | 4.2% fixed | 2047-12-06 | USD | 78.28 | 6.02% | 91 bp | 5 | $3.5M | Jul 2026 |
| 01609WAZ5 | 3.15% fixed | 2051-02-09 | USD | 63.38 | 6.03% | 92 bp | 5 | $7.3M | Jul 2026 |
| 01609WBQ4 | 5.63% fixed | 2054-11-26 | USD | 94.61 | 6.03% | 93 bp | 3 | $3.3M | Jul 2026 |
| 01609WAW2 | 4.4% fixed | 2057-12-06 | USD | 76.96 | 6.05% | 95 bp | 4 | $2.0M | Jul 2026 |
| 01609WBA9 | 3.25% fixed | 2061-02-09 | USD | 59.62 | 6.05% | 95 bp | 4 | $1.6M | 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 | 16 | $630.7M | 94.20 | 5.31% | 71 bp | 19 |
| Jun 2026 | 17 | $797.5M | 90.11 | 4.93% | 52 bp | 31 |
| May 2026 | 16 | $368.1M | 97.36 | 4.87% | 39 bp | 18 |
| Apr 2026 | 15 | $590.1M | 97.67 | 4.94% | 62 bp | 22 |
| Mar 2026 | 17 | $822.3M | 96.27 | 4.87% | 68 bp | 34 |
| Feb 2026 | 16 | $436.7M | 99.73 | 4.66% | 51 bp | 19 |
| Jan 2026 | 15 | $836.1M | 98.46 | 4.84% | 60 bp | 22 |
| Dec 2025 | 16 | $787.2M | 98.91 | 4.80% | 64 bp | 34 |
| Nov 2025 | 17 | $431.1M | 99.54 | 4.72% | 59 bp | 17 |
| Oct 2025 | 14 | $781.5M | 96.17 | 4.64% | 54 bp | 27 |
| Sep 2025 | 18 | $866.0M | 100.86 | 4.74% | 57 bp | 34 |
| Aug 2025 | 16 | $385.9M | 98.40 | 4.79% | 56 bp | 17 |
| Jul 2025 | 17 | $572.7M | 97.98 | 5.05% | 68 bp | 26 |
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. 45 added, 30 cut, 15 new holders and 24 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $175.0M | $241.6M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $190.0M | $165.7M | $5.8M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $175.6M | $152.6M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $105.2M | $145.3M | $18.0M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $74.8M | $88.3M | $9.3M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $71.5M | $69.6M | -$3.2M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $60.0M | $51.8M | -$1.0M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $50.4M | $51.5M | -$30.7M |
| Franklin Convertible Securities Fund Franklin Investors Securities Trust | 2026-07-31 | $37.0M | $51.1M | $0 |
| AQR Diversified Arbitrage Fund AQR Funds | 2026-06-30 | $125.4M | $50.0M | $95.9M |
| American Balanced Fund | 2026-06-30 | $48.8M | $39.8M | $0 |
| Bond Fund of America | 2026-06-30 | $42.7M | $36.5M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $38.6M | $31.7M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $26.6M | $25.9M | -$3.0M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $26.1M | $23.1M | -$2.1M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $19.6M | $19.7M | $3.7M |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $24.1M | $19.5M | -$2.3M |
| Calamos Evolving World Growth Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $14.7M | $18.5M | new |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $18.6M | $18.5M | $1.1M |
| iShares iBonds Dec 2027 Term Corporate ETF iShares Trust | 2026-07-31 | $17.7M | $17.5M | $46K |
| Global Opportunities Portfolio | 2026-07-31 | $27.9M | $17.3M | $13.0M |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $18.0M | $16.9M | $10.5M |
| American Funds Emerging Markets Bond Fund | 2026-06-30 | $18.5M | $16.1M | $2.5M |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $17.6M | $15.0M | $2.2M |
| Fidelity Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $19.2M | $14.8M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): JPMorgan Global Active Allocation Portfolio ($28.5M), Bramshill Income Performance Fund ($6.7M), Touchstone Strategic Trust-Touchstone Flexible Income Fund ($6.1M), Virtus Income & Growth Fund ($5.4M), Virtus Convertible Fund ($5.1M), Columbia Convertible Securities Fund ($5.0M), AB International Bond Portfolio ($4.5M), PIMCO Sector Fund Series - I ($3.6M), AB All Market Total Return Portfolio ($2.5M), Fidelity Convertible Securities Fund ($2.3M).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 11 | $190.0M | $165.7M | 0.04% |
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 1 | $105.2M | $145.3M | 2.02% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 1 | $74.8M | $88.3M | 1.42% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $71.5M | $69.6M | 0.14% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 12 | $60.0M | $51.8M | 0.04% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $50.4M | $51.5M | 0.07% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $26.6M | $25.9M | 0.04% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $26.1M | $23.1M | 0.13% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $19.6M | $19.7M | 0.04% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $24.1M | $19.5M | 0.21% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $18.6M | $18.5M | 0.08% |
| IBDS iShares iBonds Dec 2027 Term Corporate ETF | 2026-07-31 | 1 | $17.7M | $17.5M | 0.45% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 12 | $17.6M | $15.0M | 0.03% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $12.6M | $12.9M | 0.07% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 4 | $13.0M | $12.5M | 0.11% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.78: safer than 64% of companies (62th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $269.80B |
| Debt barrier (short-term + ½ long-term debt) | $22.25B |
| Equity volatility (1 year) | 40.5% |
| Asset value / asset volatility (solved) | $291.11B / 37.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 71 bp spread prices in about 1.2% 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'' = 3.47 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in BABA'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 | 166 | $308.1M | 1 | $168.4M | 5 | $17.7M | 2 |
| 2026-06-30 | 1,219 | $23.17B | 65 | $7.44B | 92 | $8.37B | 89 |
| 2026-03-31 | 1,333 | $32.10B | 62 | $8.53B | 79 | $9.77B | 86 |
| 2025-12-31 | 1,417 | $41.76B | 68 | $11.93B | 86 | $12.24B | 87 |
| 2025-09-30 | 1,406 | $49.74B | 56 | $12.44B | 83 | $18.28B | 83 |
| 2025-06-30 | 1,262 | $30.36B | 52 | $6.45B | 72 | $9.31B | 84 |
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.