DraftKings Inc. bonds DKNG
Who owns DraftKings 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. DKNG 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 |
|---|---|---|---|---|---|---|---|---|---|
| XS2887844186 | 0% none | 2027-02-03 | USD | — | — | — | 1 | $920K | Jul 2026 |
| 26142RAB0 convertible | 0% none | 2028-03-15 | USD | 92.94 | — | — | 13 | $73.7M | 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 | 2 | $74.6M | 92.94 | — | — | 13 |
| Jun 2026 | 1 | $46.0M | 92.96 | — | — | 10 |
| May 2026 | 1 | $12.4M | 92.06 | — | — | 5 |
| Apr 2026 | 2 | $71.2M | 91.06 | — | — | 14 |
| Mar 2026 | 1 | $62.3M | 90.03 | — | — | 12 |
| Feb 2026 | 1 | $10.4M | 90.26 | — | — | 6 |
| Jan 2026 | 2 | $82.8M | 90.97 | — | — | 15 |
| Dec 2025 | 1 | $70.6M | 91.41 | — | — | 14 |
| Nov 2025 | 1 | $10.9M | 90.02 | — | — | 6 |
| Oct 2025 | 1 | $107.5M | 89.14 | — | — | 17 |
| Sep 2025 | 1 | $46.8M | 89.81 | — | — | 11 |
| Aug 2025 | 1 | $14.3M | 91.83 | — | — | 6 |
| Jul 2025 | 1 | $121.3M | 91.11 | — | — | 20 |
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. 5 added, 15 cut, 0 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $40.0M | $37.2M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $25.5M | $23.7M | $3.8M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $18.8M | $17.5M | $1.9M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $10.2M | $9.5M | -$560K |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $9.8M | $9.1M | $0 |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $6.9M | $6.4M | $1.9M |
| Rational/Pier 88 Convertible Securities Fund Mutual Fund & Variable Insurance Trust | 2026-06-30 | $5.8M | $5.4M | $0 |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $4.2M | $3.9M | $0 |
| American Beacon SSI Alternative Income Fund AMERICAN BEACON FUNDS | 2026-06-30 | $3.1M | $2.9M | -$100K |
| Virtus Convertible & Income Fund | 2026-07-31 | $2.6M | $2.4M | -$55K |
| Virtus Convertible & Income Fund II | 2026-07-31 | $2.0M | $1.9M | -$40K |
| Virtus Equity & Convertible Income Fund | 2026-07-31 | $2.0M | $1.9M | -$100K |
| Virtus Dividend, Interest & Premium Strategy Fund | 2026-07-31 | $2.0M | $1.9M | -$80K |
| Multi-Asset Strategy Fund RUSSELL INVESTMENT CO | 2026-07-31 | $1.5M | $1.4M | -$175K |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $1.6M | $1.4M | -$185K |
| Virtus Diversified Income & Convertible Fund | 2026-07-31 | $1.5M | $1.4M | -$40K |
| Victory Pioneer Equity Premium Income Fund Victory Portfolios IV | 2026-07-31 | $36K | $920K | $0 |
| Multi-Strategy Income Fund RUSSELL INVESTMENT CO | 2026-07-31 | $933K | $867K | -$105K |
| THRIVENT CONSERVATIVE ALLOCATION FUND Thrivent Mutual Funds | 2026-06-30 | $716K | $665K | -$81K |
| Advent Convertible Bond ETF RBB Fund Trust | 2026-05-31 | $679K | $626K | $159K |
| THRIVENT MULTISECTOR BOND FUND Thrivent Mutual Funds | 2026-07-31 | $574K | $532K | $0 |
| THRIVENT CONSERVATIVE ALLOCATION PORTFOLIO Thrivent Series Fund, Inc. | 2026-06-30 | $466K | $433K | -$35K |
| THRIVENT DYNAMIC ALLOCATION FUND Thrivent Mutual Funds | 2026-07-31 | $292K | $270K | $0 |
| THRIVENT DYNAMIC ALLOCATION PORTFOLIO Thrivent Series Fund, Inc. | 2026-06-30 | $242K | $225K | -$18K |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $200K | $186K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): AQR Diversified Arbitrage Fund ($20.8M), Harbor Ares Systematic Convertible Securities Fund ($400K), Franklin Alternative Strategies Fund ($25K), Opportunistic Fixed Income Trust ($10K).
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.97: safer than 48% of companies (47th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $9.84B |
| Debt barrier (short-term + ½ long-term debt) | $917.5M |
| Equity volatility (1 year) | 52.3% |
| Asset value / asset volatility (solved) | $10.72B / 48.0% |
| 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'' = -4.94 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in DKNG'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 | 71 | $65.2M | 0 | — | 1 | $98K | 0 |
| 2026-06-30 | 680 | $10.29B | 37 | $663.2M | 49 | $1.23B | 0 |
| 2026-03-31 | 683 | $7.09B | 31 | $391.8M | 39 | $908.3M | 0 |
| 2025-12-31 | 801 | $14.30B | 38 | $880.0M | 45 | $1.30B | 0 |
| 2025-09-30 | 816 | $14.45B | 40 | $1.13B | 50 | $1.21B | 1 |
| 2025-06-30 | 826 | $16.91B | 34 | $918.8M | 48 | $1.32B | 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.