Cheniere Energy Partners, L.P. bonds CQP
Who owns Cheniere Energy Partners, L.P.'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. CQP 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 |
|---|---|---|---|---|---|---|---|---|---|
| 785592AS5 | 5% fixed | 2027-03-15 | USD | 100.16 | 4.78% | 104 bp | 14 | $108.9M | May 2026 |
| 785592AU0 | 4.2% fixed | 2028-03-15 | USD | 99.27 | 4.67% | 52 bp | 24 | $69.5M | Jul 2026 |
| 16411QAG6 | 4.5% fixed | 2029-10-01 | USD | 98.92 | 4.87% | 60 bp | 25 | $86.6M | Jul 2026 |
| 16411QAK7 | 4% fixed | 2031-03-01 | USD | 95.41 | 5.13% | 82 bp | 21 | $121.9M | Jul 2026 |
| 16411QAN1 | 3.25% fixed | 2032-01-31 | USD | 90.39 | 5.29% | 92 bp | 24 | $114.0M | Jul 2026 |
| 16411QAQ4 | 5.95% fixed | 2033-06-30 | USD | 102.96 | 5.43% | 98 bp | 16 | $22.4M | Jul 2026 |
| 16411QAR2 | 5.75% fixed | 2034-08-15 | USD | 103.12 | 5.27% | 89 bp | 1 | $309 | Jun 2026 |
| 16411QAS0 | 5.75% fixed | 2034-08-15 | USD | 101.21 | 5.56% | 105 bp | 12 | $36.6M | Jul 2026 |
| 16411QAW1 | 5.55% fixed | 2035-10-30 | USD | 99.34 | 5.64% | 108 bp | 17 | $89.6M | Jul 2026 |
| 16411QAX9 | 5.35% fixed | 2036-11-30 | USD | 97.23 | 5.71% | 109 bp | 31 | $77.9M | Jul 2026 |
| 16411QAZ4 | 6.05% fixed | 2056-11-30 | USD | 95.99 | 6.35% | 125 bp | 24 | $22.4M | 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 | 9 | $640.8M | 98.92 | 5.36% | 95 bp | 31 |
| Jun 2026 | 10 | $1.66B | 100.28 | 5.19% | 86 bp | 74 |
| May 2026 | 10 | $1.10B | 100.09 | 5.03% | 77 bp | 48 |
| Apr 2026 | 8 | $574.9M | 99.90 | 4.97% | 96 bp | 25 |
| Mar 2026 | 10 | $1.41B | 100.90 | 5.14% | 109 bp | 77 |
| Feb 2026 | 8 | $906.6M | 100.52 | 4.55% | 82 bp | 32 |
| Jan 2026 | 9 | $572.3M | 100.40 | 4.66% | 89 bp | 33 |
| Dec 2025 | 10 | $1.69B | 100.47 | 4.74% | 93 bp | 81 |
| Nov 2025 | 9 | $863.6M | 100.18 | 4.69% | 95 bp | 34 |
| Oct 2025 | 9 | $571.2M | 100.24 | 4.80% | 108 bp | 38 |
| Sep 2025 | 10 | $1.69B | 100.48 | 4.89% | 110 bp | 80 |
| Aug 2025 | 9 | $884.1M | 100.39 | 4.88% | 99 bp | 35 |
| Jul 2025 | 9 | $602.1M | 100.40 | 5.01% | 95 bp | 37 |
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. 120 added, 94 cut, 120 new holders and 40 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $191.4M | $188.5M | $21.3M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $172.2M | $174.8M | -$57.0M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $175.8M | $173.6M | $39.8M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $181.7M | $170.0M | $12.7M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $151.9M | $147.4M | $80.9M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $81.4M | $80.6M | -$22.9M |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $72.0M | $72.2M | $13.8M |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $66.2M | $67.5M | -$36.6M |
| American Balanced Fund | 2026-06-30 | $63.7M | $63.8M | new |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $63.3M | $63.4M | new |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $61.2M | $62.8M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $51.3M | $50.9M | $325K |
| American Funds Strategic Bond Fund | 2026-06-30 | $50.6M | $50.7M | new |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $49.0M | $49.1M | new |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $47.1M | $48.8M | $0 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $48.5M | $48.8M | -$17.2M |
| Bond Fund of America | 2026-06-30 | $44.4M | $44.4M | new |
| MFS Total Return Bond Fund MFS Series Trust IX | 2026-07-31 | $44.1M | $43.9M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $42.0M | $41.6M | -$9.1M |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $41.3M | $40.6M | -$5.0M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $34.1M | $35.5M | $0 |
| iShares Short Duration Bond Active ETF iShares U.S. ETF Trust | 2026-07-31 | $35.6M | $34.5M | -$2.3M |
| BlackRock Low Duration Bond Portfolio BlackRock Funds V | 2026-06-30 | $34.6M | $34.1M | -$2.4M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $32.8M | $32.8M | -$6.3M |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $31.7M | $32.4M | $8.1M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): First Trust Enhanced Short Maturity ETF ($18.7M), THE HARTFORD BALANCED INCOME FUND ($12.0M), PIMCO Short Asset Portfolio ($11.7M), PIMCO Enhanced Short Maturity Active Exchange-Traded Fund ($10.9M), iShares iBonds Dec 2027 Term Corporate ETF ($10.5M), Victory Pioneer Multi-Asset Ultrashort Income Fund ($10.3M), PIMCO Short-Term Fund ($8.9M), iShares Flexible Income Active ETF ($6.8M), First Trust/Dow Jones Dividend & Income Allocation Portfolio ($3.8M), Income Fund ($2.6M).
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 | 9 | $191.4M | $188.5M | 0.05% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $172.2M | $174.8M | 0.25% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $81.4M | $80.6M | 0.16% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 1 | $63.3M | $63.4M | 0.17% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 4 | $51.3M | $50.9M | 0.10% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $48.5M | $48.8M | 0.16% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 9 | $42.0M | $41.6M | 0.03% |
| NEAR iShares Short Duration Bond Active ETF | 2026-07-31 | 4 | $35.6M | $34.5M | 0.71% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $32.8M | $32.8M | 0.18% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 4 | $31.8M | $32.2M | 0.26% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $28.9M | $28.6M | 0.13% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $28.3M | $27.9M | 0.04% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 4 | $25.6M | $25.7M | 0.22% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 1 | $22.9M | $22.7M | 0.25% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 9 | $20.9M | $20.9M | 0.12% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.75: safer than 64% of companies (71th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $30.67B |
| Debt barrier (short-term + ½ long-term debt) | $7.28B |
| Equity volatility (1 year) | 30.1% |
| Asset value / asset volatility (solved) | $37.64B / 24.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 95 bp spread prices in about 1.6% 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'' = 1.67 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CQP'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 | 20 | $6.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 198 | $7.58B | 5 | $2.9M | 5 | $3.0M | 0 |
| 2026-03-31 | 200 | $8.05B | 6 | $3.6M | 7 | $6.2M | 0 |
| 2025-12-31 | 179 | $6.63B | 5 | $2.4M | 5 | $2.2M | 0 |
| 2025-09-30 | 181 | $6.64B | 4 | $4.1M | 6 | $4.2M | 0 |
| 2025-06-30 | 187 | $12.65B | 5 | $3.6M | 6 | $6.3M | 0 |
Officials trading CQP bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2026-06-24 | John Fetterman | sale full | Cheniere Energy Partners L P Note Rate/Coupon: 4.5% Matures: 2029-10-01 | $1,001 - $15,000 | filing |
| 2023-05-11 | John Fetterman | purchase | Cheniere Energy Partners L P Note Rate/Coupon: 4.5% Matures: 10/1/2029 | $1,001 - $15,000 | filing |
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.