Booking Holdings Inc. bonds BKNG
Who owns Booking 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. BKNG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 09857LAU2 | 4% fixed | 2026-11-15 | EUR | 100.55 | 2.94% | — | 1 | $631K | Apr 2026 |
| 09857LAD0 | 1.8% fixed | 2027-03-03 | EUR | 99.14 | 2.84% | — | 1 | $617K | Apr 2026 |
| 09857LAT5 | 0.5% fixed | 2028-03-08 | EUR | 95.86 | 3.19% | — | 2 | $26.5M | Jul 2026 |
| 741503BC9 | 3.55% fixed | 2028-03-15 | USD | 98.43 | 4.56% | 41 bp | 12 | $10.6M | Jul 2026 |
| U09819AB6 | 3.625% fixed | 2028-11-12 | EUR | 100.64 | 3.32% | — | 2 | $8.1M | Jul 2026 |
| 09857LBA5 | 3.5% fixed | 2029-03-01 | EUR | 101.02 | 3.09% | — | 1 | $841K | Jun 2026 |
| 09857LAV0 | 4.25% fixed | 2029-05-15 | EUR | 102.24 | 3.39% | — | 5 | $4.8M | Jul 2026 |
| 09857LBP2 | 3.5% fixed | 2030-05-11 | EUR | 99.69 | 3.59% | — | 2 | $11.8M | Jul 2026 |
| 09857LBL1 | 3% fixed | 2030-11-07 | EUR | 97.52 | 3.64% | — | 5 | $17.9M | Jul 2026 |
| 09857LBH0 | 3.125% fixed | 2031-05-09 | EUR | 97.67 | 3.66% | — | 1 | $3.9M | Jul 2026 |
| 09857LAW8 | 4.5% fixed | 2031-11-15 | EUR | 103.44 | 3.77% | — | 8 | $17.5M | Jul 2026 |
| 09857LBB3 | 3.625% fixed | 2032-03-01 | EUR | 99.14 | 3.80% | — | 2 | $11.4M | Jul 2026 |
| 09857LBE7 | 3.25% fixed | 2032-11-21 | EUR | 98.17 | 3.57% | — | 1 | $796K | Jun 2026 |
| ZK5584576 | 4.125% fixed | 2033-05-12 | EUR | 205.32 | — | — | 1 | $469K | Jun 2026 |
| 09857LAZ1 | 4.125% fixed | 2033-05-12 | EUR | 102.54 | 3.70% | — | 1 | $359K | May 2026 |
| U09819AA8 | 4.125% fixed | 2033-05-12 | EUR | 100.81 | 3.98% | — | 3 | $24.4M | Jul 2026 |
| 09857LBQ0 | 4% fixed | 2034-05-11 | EUR | 98.88 | 4.17% | — | 3 | $1.1M | Jul 2026 |
| 09857LAX6 | 4.75% fixed | 2034-11-15 | EUR | 104.13 | 4.15% | — | 6 | $19.8M | Jul 2026 |
| 09857LBM9 | 3.625% fixed | 2035-11-07 | EUR | 95.48 | 4.22% | — | 3 | $12.3M | Jul 2026 |
| 09857LBC1 | 3.75% fixed | 2036-03-01 | EUR | 95.72 | 4.30% | — | 6 | $9.8M | Jul 2026 |
| 09857LBN7 | 5.375% fixed | 2036-05-07 | USD | 98.45 | 5.58% | 99 bp | 15 | $9.6M | Jul 2026 |
| 09857LBF4 | 3.75% fixed | 2037-11-21 | EUR | 93.71 | 4.47% | — | 3 | $1.0M | Jul 2026 |
| 09857LBJ6 | 4.13% fixed | 2038-05-09 | EUR | 96.19 | 4.55% | — | 2 | $222K | Jul 2026 |
| 09857LBR8 | 4.5% fixed | 2039-05-11 | EUR | 98.19 | 4.69% | — | 3 | $2.5M | Jul 2026 |
| 09857LBD9 | 4% fixed | 2044-03-01 | EUR | 88.56 | 4.99% | — | 4 | $8.6M | Jul 2026 |
| 09857LBG2 | 3.875% fixed | 2045-03-21 | EUR | 86.10 | 5.04% | — | 9 | $22.0M | Jul 2026 |
| 09857LBK3 | 4.5% fixed | 2046-05-09 | EUR | 97.52 | 4.69% | — | 3 | $10.6M | Jun 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 | 20 | $224.0M | 98.31 | 5.07% | 70 bp | 15 |
| Jun 2026 | 19 | $160.7M | 100.70 | 4.91% | 65 bp | 34 |
| May 2026 | 11 | $62.1M | 100.00 | 4.84% | 62 bp | 14 |
| Apr 2026 | 19 | $219.7M | 98.68 | 4.29% | 50 bp | 13 |
| Mar 2026 | 18 | $75.1M | 98.86 | 4.21% | 51 bp | 19 |
| Feb 2026 | 7 | $33.4M | 99.91 | 3.87% | 40 bp | 14 |
| Jan 2026 | 20 | $229.7M | 99.95 | 3.96% | 41 bp | 13 |
| Dec 2025 | 19 | $104.8M | 99.79 | 3.93% | 42 bp | 17 |
| Nov 2025 | 8 | $30.5M | 99.84 | 3.91% | 35 bp | 11 |
| Oct 2025 | 18 | $205.8M | 101.00 | 4.01% | 49 bp | 12 |
| Sep 2025 | 18 | $101.9M | 100.84 | 4.01% | 45 bp | 17 |
| Aug 2025 | 6 | $31.5M | 99.45 | 4.02% | 34 bp | 12 |
| Jul 2025 | 18 | $208.1M | 100.68 | 4.38% | 48 bp | 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. 34 added, 12 cut, 62 new holders and 12 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $86.2M | $96.3M | $10.0M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $70.0M | $78.4M | $0 |
| TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $20.3M | $22.9M | $15.1M |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $12.5M | $13.6M | $0 |
| Invesco BulletShares 2026 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $13.4M | $13.4M | $1.5M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $11.9M | $12.0M | new |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $11.9M | $11.9M | new |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $10.6M | $11.8M | $6.6M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $11.0M | $10.9M | $563K |
| Oakmark Equity and Income Fund HARRIS ASSOCIATES INVESTMENT TRUST | 2026-06-30 | $7.3M | $7.4M | new |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $6.3M | $6.3M | new |
| DFA Global Core Plus Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $5.0M | $6.0M | $0 |
| American Funds Strategic Bond Fund | 2026-06-30 | $5.4M | $5.4M | new |
| Brown Advisory Sustainable Bond Fund Brown Advisory Funds | 2026-06-30 | $5.4M | $5.4M | new |
| Allspring Core Plus Bond Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $3.9M | $4.7M | $1.4M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $4.5M | $4.4M | $1.2M |
| Six Circles Global Bond Fund SIX CIRCLES TRUST | 2026-06-30 | $3.7M | $4.3M | $1.7M |
| iShares Core International Aggregate Bond ETF iShares Trust | 2026-07-31 | $3.7M | $4.2M | -$515K |
| Dimensional Global Credit ETF Dimensional ETF Trust | 2026-07-31 | $3.7M | $4.2M | $0 |
| Invesco BulletShares 2028 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $4.1M | $4.1M | $46K |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $3.9M | $3.9M | new |
| PGIM Global Total Return Fund Prudential Global Total Return Fund, Inc. | 2026-07-31 | $3.5M | $3.9M | $0 |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $3.9M | $3.9M | $123K |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.9M | $3.9M | -$1.6M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.8M | $3.8M | $2.0M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares iBonds Dec 2026 Term Corporate ETF ($10.6M), AB GLOBAL BOND FUND, INC. ($4.1M), DFA Short-Term Extended Quality Portfolio ($1.7M), MetLife Aggregate Bond Index Portfolio ($1.0M), VANGUARD LONG-TERM INVESTMENT-GRADE FUND ($600K), AB International Bond Portfolio ($338K), AB All Market Total Return Portfolio ($179K), BlackRock Strategic Global Bond Fund, Inc. ($137K), iShares ESG Aware U.S. Aggregate Bond ETF ($114K), TOTAL BOND MARKET INDEX PORTFOLIO ($100K).
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 |
|---|---|---|---|---|---|
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 12 | $70.0M | $78.4M | 0.06% |
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 2026-05-31 | 1 | $13.4M | $13.4M | 0.35% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $11.9M | $11.9M | 0.02% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 2 | $11.0M | $10.9M | 0.00% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 2 | $4.5M | $4.4M | 0.00% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 11 | $3.7M | $4.2M | 0.04% |
| DGCB Dimensional Global Credit ETF | 2026-07-31 | 4 | $3.7M | $4.2M | 0.39% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 1 | $4.1M | $4.1M | 0.12% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 1 | $3.9M | $3.9M | 0.03% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $3.9M | $3.9M | 0.10% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $3.9M | $3.9M | 0.04% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 2 | $3.8M | $3.8M | 0.03% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $3.4M | $3.4M | 0.01% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $3.4M | $3.4M | 0.07% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 1 | $2.7M | $2.7M | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.09: safer than 67% of companies (64th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $122.20B |
| Debt barrier (short-term + ½ long-term debt) | $11.09B |
| Equity volatility (1 year) | 37.8% |
| Asset value / asset volatility (solved) | $132.82B / 34.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 70 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'' = 7.18 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in BKNG'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 | 277 | $2.27B | 1 | $114K | 2 | $1.2M | 0 |
| 2026-06-30 | 1,897 | $119.66B | 48 | $4.27B | 45 | $5.78B | 0 |
| 2026-03-31 | 1,808 | $96.07B | 46 | $5.05B | 36 | $7.91B | 0 |
| 2025-12-31 | 1,995 | $149.15B | 45 | $6.74B | 40 | $10.29B | 0 |
| 2025-09-30 | 1,903 | $149.92B | 49 | $6.76B | 45 | $7.53B | 0 |
| 2025-06-30 | 1,921 | $164.38B | 48 | $8.26B | 51 | $10.11B | 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.