HF Sinclair Corporation bonds DINO
Who owns HF Sinclair Corporation'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. DINO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 403949AQ3 | 5% fixed | 2028-02-01 | USD | 99.92 | 5.06% | 92 bp | 17 | $26.9M | Jul 2026 |
| 403949AC4 | 4.5% fixed | 2030-10-01 | USD | 97.31 | 5.23% | 92 bp | 5 | $2.4M | Jul 2026 |
| 403949AR1 | 5.75% fixed | 2031-01-15 | USD | 101.64 | 5.33% | 102 bp | 17 | $25.4M | Jul 2026 |
| 403949AT7 | 5.5% fixed | 2032-09-01 | USD | 100.02 | 5.49% | 109 bp | 17 | $24.2M | Jul 2026 |
| 403949AS9 | 6.25% fixed | 2035-01-15 | USD | 102.62 | 5.85% | 132 bp | 19 | $22.3M | 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 | 5 | $101.1M | 100.02 | 5.33% | 102 bp | 19 |
| Jun 2026 | 5 | $403.5M | 100.65 | 5.21% | 109 bp | 34 |
| May 2026 | 5 | $211.0M | 100.96 | 5.16% | 106 bp | 20 |
| Apr 2026 | 5 | $101.3M | 101.20 | 5.16% | 124 bp | 19 |
| Mar 2026 | 5 | $390.2M | 100.25 | 5.22% | 138 bp | 42 |
| Feb 2026 | 5 | $211.6M | 102.28 | 5.05% | 125 bp | 20 |
| Jan 2026 | 5 | $86.5M | 102.28 | 5.00% | 114 bp | 20 |
| Dec 2025 | 5 | $409.9M | 101.42 | 4.99% | 138 bp | 44 |
| Nov 2025 | 5 | $213.5M | 102.20 | 4.95% | 127 bp | 21 |
| Oct 2025 | 5 | $74.3M | 101.70 | 4.96% | 138 bp | 17 |
| Sep 2025 | 5 | $416.4M | 101.67 | 4.98% | 134 bp | 41 |
| Aug 2025 | 5 | $207.6M | 100.35 | 5.06% | 127 bp | 21 |
| Jul 2025 | 5 | $77.7M | 100.73 | 5.26% | 127 bp | 18 |
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. 38 added, 25 cut, 5 new holders and 13 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $62.2M | $62.2M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $54.9M | $55.1M | $5.0M |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $52.4M | $52.4M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $44.4M | $44.8M | $22.8M |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $42.0M | $43.0M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $38.1M | $38.6M | $750K |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $30.4M | $31.2M | -$3.8M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $28.1M | $28.5M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $23.3M | $23.3M | -$2.7M |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $15.0M | $15.0M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $13.1M | $13.2M | $3.6M |
| Dimensional Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $13.0M | $13.1M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $12.3M | $12.6M | $348K |
| Fidelity SAI Enhanced Core Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $11.5M | $11.9M | new |
| MOA CORE BOND FUND MoA Funds Corp | 2026-06-30 | $11.5M | $11.3M | $0 |
| Lord Abbett Ultra Short Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $10.3M | $10.3M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.6M | $9.9M | $425K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.8M | $8.8M | $650K |
| SLW Short Duration Income ETF SPEND LIFE WISELY FUNDS INVESTMENT TRUST | 2026-07-31 | $8.5M | $8.6M | $0 |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $8.0M | $8.0M | $0 |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $7.6M | $7.6M | $0 |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $7.3M | $7.4M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $6.8M | $7.0M | $765K |
| Virtus Newfleet Multi-Sector Short Term Bond Fund Virtus Opportunities Trust | 2026-06-30 | $6.6M | $6.8M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.3M | $6.3M | $792K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares Investment Grade Systematic Bond ETF ($8.0M), N/A ($4.9M), Bridge Builder Core Plus Bond Fund ($3.6M), N/A ($1.9M), N/A ($1.7M), N/A ($1.5M), N/A ($1.0M), T. Rowe Price Institutional Long Duration Credit Fund ($805K), Hartford Schroders Core Fixed Income Fund ($548K), SA Schroders VCP Global Allocation Portfolio ($507K).
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 | 5 | $38.1M | $38.6M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $30.4M | $31.2M | 0.05% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $23.3M | $23.3M | 0.05% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 5 | $13.1M | $13.2M | 0.01% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 2 | $13.0M | $13.1M | 0.12% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $12.3M | $12.6M | 0.02% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $9.6M | $9.9M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $8.8M | $8.8M | 0.04% |
| WISD SLW Short Duration Income ETF | 2026-07-31 | 2 | $8.5M | $8.6M | 2.23% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $6.8M | $7.0M | 0.06% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 5 | $6.3M | $6.3M | 0.05% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $5.3M | $5.4M | 0.03% |
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 1 | $4.8M | $4.9M | 0.15% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $4.1M | $4.1M | 0.10% |
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 1 | $4.0M | $4.1M | 0.16% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.42: safer than 69% of companies (76th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $22.16B |
| Debt barrier (short-term + ½ long-term debt) | $1.48B |
| Equity volatility (1 year) | 39.4% |
| Asset value / asset volatility (solved) | $23.57B / 37.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 102 bp spread prices in about 1.7% 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'' = 4.62 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in DINO'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 | 96 | $249.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 676 | $10.45B | 15 | $284.2M | 22 | $235.3M | 0 |
| 2026-03-31 | 636 | $7.82B | 18 | $96.7M | 20 | $131.9M | 0 |
| 2025-12-31 | 601 | $7.23B | 16 | $59.3M | 16 | $61.6M | 1 |
| 2025-09-30 | 583 | $7.74B | 19 | $73.8M | 18 | $81.1M | 0 |
| 2025-06-30 | 533 | $6.18B | 21 | $61.0M | 18 | $100.7M | 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.