Cogent Biosciences, Inc. bonds COGT
Who owns Cogent Biosciences, 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. COGT 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 |
|---|---|---|---|---|---|---|---|---|---|
| 19240QAA0 convertible | 1.625% fixed | 2031-11-15 | USD | 123.64 | — | — | 15 | $38.2M | 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 | 1 | $38.2M | 123.64 | — | — | 15 |
| Jun 2026 | 1 | $1.2M | 123.54 | — | — | 4 |
| May 2026 | 1 | $12.8M | 116.98 | — | — | 5 |
| Apr 2026 | 1 | $34.2M | 119.18 | — | — | 18 |
| Mar 2026 | 1 | $3.8M | 122.53 | — | — | 10 |
| Feb 2026 | 1 | $15.4M | 123.81 | — | — | 4 |
| Jan 2026 | 1 | $29.1M | 119.76 | — | — | 21 |
| Dec 2025 | 1 | $15.7M | 117.12 | — | — | 10 |
| Nov 2025 | 1 | $15.8M | 121.50 | — | — | 5 |
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. 4 added, 2 cut, 1 new holders and 9 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $9.0M | $11.2M | $0 |
| Calamos Growth & Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $6.9M | $8.6M | $0 |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $6.0M | $7.0M | -$1.5M |
| Miller Market Neutral Income Fund Miller Investment Trust | 2026-07-31 | $5.0M | $6.2M | $2.3M |
| Lord Abbett Convertible Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $3.7M | $4.4M | $0 |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $1.9M | $2.3M | $0 |
| Calamos Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $1.8M | $2.2M | $0 |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $1.8M | $2.2M | $0 |
| Calamos Dynamic Convertible & Income Fund | 2026-07-31 | $1.5M | $1.8M | $0 |
| Janus Henderson High-Yield Fund Janus Investment Fund | 2026-06-30 | $827K | $1.0M | $0 |
| Calamos Global Dynamic Income Fund | 2026-07-31 | $824K | $1.0M | $0 |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $860K | $1.0M | $0 |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $758K | $925K | $0 |
| Calamos Global Opportunities Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $598K | $740K | $0 |
| First Trust SSI Strategic Convertible Securities ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $356K | $434K | $0 |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $360K | $421K | $0 |
| Miller Convertible Total Return ETF Miller Investment Trust | 2026-07-31 | $250K | $309K | $125K |
| CALAMOS GLOBAL TOTAL RETURN FUND | 2026-07-31 | $193K | $239K | $0 |
| Calamos Global Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $92K | $114K | $0 |
| Calamos Growth & Income Portfolio CALAMOS ADVISORS TRUST/IL | 2026-06-30 | $71K | $87K | $45K |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $27K | $33K | -$33K |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $21K | $25K | new |
| Fidelity Multi-Strategy Credit Fund | 2026-06-30 | $10K | $12K | $0 |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $10K | $12K | $2K |
| Bancroft Fund Ltd | 2026-06-30 | $0 | $0 | -$700K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Ellsworth Growth & Income Fund Ltd ($700K), Bancroft Fund Ltd ($700K), Gabelli Convertible & Income Securities Fund Inc ($500K), American Beacon SSI Alternative Income Fund ($140K), Janus Henderson Income ETF ($117K), TETON Convertible Securities Fund ($100K), Harbor Ares Systematic Convertible Securities Fund ($100K), Morningstar Alternatives Fund ($31K), Strategic Alternatives Fund ($27K).
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 |
|---|---|---|---|---|---|
| FCVT First Trust SSI Strategic Convertible Securities ETF | 2026-07-31 | 1 | $356K | $434K | 0.43% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.93: safer than 36% of companies (35th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $5.20B |
| Debt barrier (short-term + ½ long-term debt) | $113.2M |
| Equity volatility (1 year) | 90.8% |
| Asset value / asset volatility (solved) | $5.31B / 88.9% |
| 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'' = -0.72 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in COGT'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 | 16 | $52.4M | 0 | — | 0 | — | 1 |
| 2026-06-30 | 316 | $7.32B | 7 | $15.6M | 8 | $56.1M | 23 |
| 2026-03-31 | 289 | $6.32B | 8 | $27.0M | 8 | $36.3M | 22 |
| 2025-12-31 | 261 | $6.07B | 5 | $18.6M | 7 | $23.8M | 29 |
| 2025-09-30 | 190 | $2.28B | 4 | $6.8M | 9 | $20.3M | 0 |
| 2025-06-30 | 174 | $970.9M | 7 | $6.2M | 13 | $20.4M | 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.