BridgeBio Pharma, Inc. bonds BBIO
Who owns BridgeBio Pharma, 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. BBIO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 10806XAB8 convertible | 2.5% fixed | 2027-03-15 | USD | 189.36 | — | — | 4 | $22.5M | Jul 2026 |
| 10806XAD4 convertible | 2.25% fixed | 2029-02-01 | USD | 113.64 | — | — | 13 | $65.3M | Jul 2026 |
| 10806XAJ1 convertible | 1.75% fixed | 2031-03-01 | USD | 177.85 | — | — | 9 | $109.0M | Jul 2026 |
| 10806XAK8 convertible | 0.75% fixed | 2033-02-01 | USD | 103.44 | — | — | 21 | $112.5M | 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 | 4 | $309.3M | 145.75 | — | — | 21 |
| Jun 2026 | 4 | $141.8M | 139.67 | — | — | 14 |
| May 2026 | 4 | $92.5M | 131.59 | — | — | 7 |
| Apr 2026 | 4 | $268.2M | 138.12 | — | — | 29 |
| Mar 2026 | 4 | $145.9M | 140.90 | — | — | 17 |
| Feb 2026 | 4 | $98.1M | 132.43 | — | — | 5 |
| Jan 2026 | 4 | $255.3M | 144.06 | — | — | 24 |
| Dec 2025 | 3 | $139.9M | 173.81 | — | — | 14 |
| Nov 2025 | 3 | $95.0M | 166.36 | — | — | 7 |
| Oct 2025 | 3 | $164.1M | 151.50 | — | — | 14 |
| Sep 2025 | 3 | $103.3M | 133.37 | — | — | 14 |
| Aug 2025 | 3 | $76.0M | 131.42 | — | — | 8 |
| Jul 2025 | 3 | $137.0M | 124.17 | — | — | 12 |
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. 23 added, 16 cut, 7 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Franklin Convertible Securities Fund Franklin Investors Securities Trust | 2026-07-31 | $46.2M | $82.2M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $53.1M | $75.5M | $10.3M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $37.6M | $51.3M | $7.0M |
| Invesco Equity and Income Fund AIM Counselor Series Trust (Invesco Counselor Series Trust) | 2026-05-31 | $21.5M | $33.5M | $0 |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $15.7M | $20.1M | $0 |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $15.0M | $17.1M | $0 |
| NYLIM VP MacKay Convertible Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $14.0M | $15.5M | $0 |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $10.0M | $15.5M | -$6.0M |
| Lord Abbett Convertible Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $12.6M | $13.5M | $0 |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $12.5M | $13.5M | $0 |
| Janus Henderson Multi-Sector Income Fund Janus Investment Fund | 2026-06-30 | $13.4M | $13.3M | $0 |
| Calamos Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $12.8M | $13.2M | $3.8M |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $12.8M | $13.2M | $4.2M |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $12.2M | $12.7M | $4.2M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $10.0M | $11.1M | -$1.6M |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $10.6M | $11.0M | $0 |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $9.7M | $10.8M | -$1.6M |
| Calamos Dynamic Convertible & Income Fund | 2026-07-31 | $10.2M | $10.6M | $3.8M |
| Calamos Growth & Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $8.2M | $8.5M | $0 |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $4.5M | $7.6M | -$3.0M |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $5.8M | $7.5M | -$700K |
| Miller Market Neutral Income Fund Miller Investment Trust | 2026-07-31 | $7.0M | $7.2M | new |
| Virtus Convertible & Income Fund | 2026-07-31 | $4.2M | $4.8M | $1.2M |
| Putnam Convertible Securities Fund | 2026-07-31 | $4.3M | $4.5M | $405K |
| Global Opportunities Portfolio | 2026-07-31 | $4.2M | $4.3M | $730K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Calamos Global Dynamic Income Fund ($3.2M), Fidelity Advisor Multi-Asset Income Fund ($3.1M), Calamos Global Opportunities Fund ($2.6M), Defensive Market Strategies Fund ($910K), CALAMOS GLOBAL TOTAL RETURN FUND ($746K), Lazard Enhanced Opportunities Portfolio ($482K), Wellington Global Multi-Strategy Fund ($30K).
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 | 4 | $53.1M | $75.5M | 1.05% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 4 | $37.6M | $51.3M | 0.83% |
| FCVT First Trust SSI Strategic Convertible Securities ETF | 2026-07-31 | 2 | $944K | $1.2M | 1.22% |
| HFSI Hartford Strategic Income ETF | 2026-07-31 | 1 | $559K | $576K | 0.05% |
| ACVT Advent Convertible Bond ETF | 2026-05-31 | 1 | $268K | $289K | 0.89% |
| JIII Janus Henderson Income ETF | 2026-07-31 | 1 | $274K | $282K | 0.15% |
| XAGG Eaton Vance Income Opportunities ETF | 2026-06-30 | 1 | $260K | $258K | 0.02% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 2 | $87K | $119K | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.31: safer than 52% of companies (49th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $13.29B |
| Debt barrier (short-term + ½ long-term debt) | $1.51B |
| Equity volatility (1 year) | 46.6% |
| Asset value / asset volatility (solved) | $14.74B / 42.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z'' = -14.10 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in BBIO'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 | 40 | $15.1M | 0 | — | 0 | — | 2 |
| 2026-06-30 | 463 | $14.26B | 18 | $153.6M | 25 | $849.3M | 72 |
| 2026-03-31 | 443 | $11.72B | 20 | $129.4M | 22 | $779.9M | 68 |
| 2025-12-31 | 423 | $13.07B | 27 | $162.1M | 27 | $892.9M | 56 |
| 2025-09-30 | 385 | $9.48B | 20 | $101.7M | 23 | $602.8M | 59 |
| 2025-06-30 | 350 | $7.79B | 21 | $101.3M | 23 | $501.6M | 53 |
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.