BHP Group Limited bonds BHP
Who owns BHP Group 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. BHP 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 |
|---|---|---|---|---|---|---|---|---|---|
| 055451BB3 | 5.25% fixed | 2026-09-08 | USD | 100.09 | 4.30% | 57 bp | 4 | $27.8M | Jul 2026 |
| 055451AZ1 | 4.75% fixed | 2028-02-28 | USD | 100.37 | 4.50% | 35 bp | 11 | $31.6M | Jul 2026 |
| 055451BC1 | 5.1% fixed | 2028-09-08 | USD | 100.97 | 4.61% | 38 bp | 13 | $50.4M | Jul 2026 |
| 055451BJ6 | 5% fixed | 2030-02-21 | USD | 100.51 | 4.84% | 56 bp | 9 | $15.6M | Jul 2026 |
| 055451BD9 | 5.25% fixed | 2030-09-08 | USD | 101.37 | 4.88% | 58 bp | 14 | $9.3M | Jul 2026 |
| 055451BK3 | 5.125% fixed | 2032-02-21 | USD | 100.41 | 5.04% | 67 bp | 10 | $39.2M | Jul 2026 |
| 055451BA5 | 4.9% fixed | 2033-02-28 | USD | 98.63 | 5.15% | 72 bp | 11 | $45.1M | Jul 2026 |
| 055451BE7 | 5.25% fixed | 2033-09-08 | USD | 100.32 | 5.19% | 73 bp | 18 | $34.8M | Jul 2026 |
| 055451BL1 | 5.3% fixed | 2035-02-21 | USD | 99.77 | 5.33% | 80 bp | 10 | $5.8M | Jul 2026 |
| 055451AR9 | 4.13% fixed | 2042-02-24 | USD | 83.14 | 5.79% | 90 bp | 5 | $14.3M | Jul 2026 |
| 055451AV0 | 5% fixed | 2043-09-30 | USD | 90.63 | 5.87% | 91 bp | 13 | $36.9M | Jul 2026 |
| 055451BF4 | 5.5% fixed | 2053-09-08 | USD | 93.96 | 5.95% | 85 bp | 9 | $5.8M | Jul 2026 |
| 055451BM9 | 5.75% fixed | 2055-09-05 | USD | 96.54 | 6.00% | 90 bp | 12 | $18.5M | 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 | 13 | $335.1M | 100.09 | 5.17% | 72 bp | 18 |
| Jun 2026 | 13 | $621.8M | 101.22 | 4.89% | 57 bp | 38 |
| May 2026 | 13 | $564.3M | 101.58 | 4.83% | 52 bp | 22 |
| Apr 2026 | 13 | $331.0M | 100.88 | 4.84% | 71 bp | 20 |
| Mar 2026 | 13 | $654.6M | 100.93 | 4.87% | 82 bp | 40 |
| Feb 2026 | 14 | $622.4M | 102.98 | 4.44% | 53 bp | 24 |
| Jan 2026 | 15 | $367.8M | 101.73 | 4.66% | 64 bp | 22 |
| Dec 2025 | 15 | $657.5M | 102.02 | 4.60% | 68 bp | 42 |
| Nov 2025 | 15 | $687.7M | 102.46 | 4.54% | 64 bp | 27 |
| Oct 2025 | 15 | $401.9M | 102.14 | 4.59% | 71 bp | 22 |
| Sep 2025 | 15 | $692.8M | 102.22 | 4.58% | 67 bp | 43 |
| Aug 2025 | 14 | $614.8M | 101.46 | 4.63% | 63 bp | 27 |
| Jul 2025 | 14 | $357.2M | 101.09 | 4.76% | 61 bp | 24 |
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, 46 cut, 1 new holders and 11 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $134.0M | $137.0M | $2.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $132.2M | $129.2M | $3.3M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $114.8M | $112.6M | $0 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $82.8M | $81.5M | -$15.5M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $69.5M | $69.1M | -$6.0M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $59.2M | $58.5M | $635K |
| VANGUARD LONG-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $44.5M | $39.8M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $36.7M | $37.0M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $35.1M | $35.5M | -$1.4M |
| Invesco Ultra Short Duration ETF Invesco Actively Managed Exchange-Traded Fund Trust | 2026-07-31 | $34.8M | $34.9M | $20.0M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $31.2M | $31.9M | -$1.9M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $31.2M | $31.5M | -$18.5M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $30.5M | $31.0M | $575K |
| AST PGIM Fixed Income Central Portfolio Advanced Series Trust | 2026-06-30 | $27.2M | $27.7M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $26.5M | $26.3M | $570K |
| AST Investment Grade Bond Portfolio Advanced Series Trust | 2026-06-30 | $25.6M | $26.0M | $0 |
| American Funds Strategic Bond Fund | 2026-06-30 | $24.5M | $24.9M | -$4.7M |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $22.6M | $23.0M | $2.2M |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $22.8M | $22.9M | -$7.0M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $20.8M | $21.1M | -$1.3M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $17.5M | $17.8M | $2.4M |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $17.1M | $16.6M | $3.4M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $15.3M | $15.4M | $719K |
| Invesco Conservative Income Fund Invesco Management Trust | 2026-05-31 | $14.8M | $14.9M | $0 |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $13.7M | $12.8M | -$3.3M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Franklin Total Return Fund ($6.5M), AB Ultra Short Income ETF ($4.5M), Capital World Bond Fund ($3.1M), Fixed Income Fund ($1.1M), Core Bond Fund ($325K), BlackRock Multi-Sector Income Trust ($250K), VOYA LIMITED MATURITY BOND PORTFOLIO ($173K), PGIM Active Aggregate Bond ETF ($145K), Hartford Core Bond ETF ($100K), F/m 3-Year Investment Grade Corporate Bond ETF ($86K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $134.0M | $137.0M | 0.20% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 10 | $132.2M | $129.2M | 0.03% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 10 | $82.8M | $81.5M | 0.27% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 12 | $59.2M | $58.5M | 0.04% |
| GSY Invesco Ultra Short Duration ETF | 2026-07-31 | 2 | $34.8M | $34.9M | 0.89% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $31.2M | $31.9M | 0.17% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $31.2M | $31.5M | 0.06% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 4 | $30.5M | $31.0M | 0.06% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $26.5M | $26.3M | 0.15% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 4 | $22.6M | $23.0M | 0.20% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $20.8M | $21.1M | 0.10% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 8 | $17.5M | $17.8M | 0.15% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 12 | $17.1M | $16.6M | 0.04% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $15.3M | $15.4M | 0.02% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $13.7M | $12.8M | 0.14% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.77: safer than 76% of companies (81th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $211.27B |
| Debt barrier (short-term + ½ long-term debt) | $13.62B |
| Equity volatility (1 year) | 33.8% |
| Asset value / asset volatility (solved) | $224.32B / 31.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 72 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'' = 4.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in BHP'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 | 132 | $174.6M | 1 | $331K | 1 | $679K | 0 |
| 2026-06-30 | 820 | $9.38B | 23 | $311.9M | 29 | $537.0M | 0 |
| 2026-03-31 | 734 | $7.57B | 25 | $389.2M | 26 | $488.5M | 0 |
| 2025-12-31 | 678 | $6.00B | 28 | $403.8M | 22 | $412.0M | 0 |
| 2025-09-30 | 625 | $5.94B | 21 | $240.6M | 22 | $298.7M | 0 |
| 2025-06-30 | 609 | $4.67B | 19 | $176.0M | 21 | $209.9M | 1 |
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.