First Citizens BancShares, Inc. bonds FCNCP
Who owns First Citizens BancShares, 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. FCNCP 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 |
|---|---|---|---|---|---|---|---|---|---|
| 31959XAA1 | 7.9% variable | 2027-01-04 | USD | 100.21 | — | — | 15 | $36.9M | Jul 2026 |
| 125581GX0 | 6.125% fixed | 2028-03-09 | USD | 101.71 | 5.00% | 85 bp | 15 | $22.6M | Jul 2026 |
| 337967AA1 | 5.097% fixed | 2029-07-13 | USD | 99.76 | 5.19% | 93 bp | 30 | $107.9M | Jul 2026 |
| 31959XAG8 | 7% fixed | 2030-12-15 | USD | 100.51 | 6.86% | 255 bp | 29 | $109.6M | Jul 2026 |
| 31959XAC7 | 5.231% fixed | 2031-03-12 | USD | 98.86 | 5.51% | 120 bp | 24 | $41.3M | Jul 2026 |
| 31959XAJ2 | 4.869% fixed | 2032-03-03 | USD | 96.45 | 5.62% | 125 bp | 9 | $6.5M | Jul 2026 |
| 319626AA5 | 5.6% fixed | 2035-09-05 | USD | 97.75 | 5.92% | 136 bp | 15 | $12.6M | Jul 2026 |
| 31959XAF0 | 6.254% fixed | 2040-03-12 | USD | 96.97 | 6.59% | 181 bp | 16 | $35.3M | 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 | 8 | $372.7M | 99.31 | 5.62% | 125 bp | 30 |
| Jun 2026 | 8 | $486.3M | 99.94 | 5.43% | 118 bp | 56 |
| May 2026 | 7 | $551.6M | 99.62 | 5.67% | 134 bp | 23 |
| Apr 2026 | 7 | $269.4M | 99.51 | 5.70% | 156 bp | 28 |
| Mar 2026 | 7 | $445.1M | 99.17 | 5.73% | 166 bp | 38 |
| Feb 2026 | 7 | $563.7M | 101.87 | 5.23% | 129 bp | 23 |
| Jan 2026 | 6 | $263.4M | 101.99 | 5.59% | 140 bp | 30 |
| Dec 2025 | 6 | $364.8M | 101.84 | 5.62% | 151 bp | 35 |
| Nov 2025 | 6 | $481.0M | 101.61 | 5.62% | 155 bp | 24 |
| Oct 2025 | 5 | $131.6M | 101.60 | 5.31% | 144 bp | 19 |
| Sep 2025 | 5 | $367.8M | 101.53 | 5.27% | 136 bp | 41 |
| Aug 2025 | 4 | $340.8M | 102.23 | 4.93% | 108 bp | 24 |
| Jul 2025 | 4 | $144.2M | 102.03 | 5.12% | 110 bp | 19 |
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. 78 added, 27 cut, 57 new holders and 5 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $103.3M | $101.7M | $0 |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $80.9M | $80.6M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $47.5M | $46.6M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $45.7M | $46.6M | -$72.1M |
| Nuveen Preferred Securities and Income Fund Nuveen Investment Trust V | 2026-05-31 | $42.5M | $42.6M | $0 |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $42.0M | $41.2M | $0 |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $40.2M | $39.6M | $0 |
| Nuveen Preferred & Income Opportunities Fund | 2026-07-31 | $33.1M | $33.2M | $0 |
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $31.9M | $32.1M | $0 |
| Oakmark Equity and Income Fund HARRIS ASSOCIATES INVESTMENT TRUST | 2026-06-30 | $31.4M | $30.6M | $0 |
| First Trust Smith Opportunistic Fixed Income ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $28.5M | $28.2M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $27.9M | $27.7M | $1.6M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $27.3M | $26.9M | $1.9M |
| ALPS | Smith Total Return Bond Fund FINANCIAL INVESTORS TRUST | 2026-07-31 | $24.9M | $24.3M | $3.2M |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $23.1M | $22.8M | $0 |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $22.6M | $22.7M | new |
| First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $22.0M | $21.9M | new |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $21.2M | $21.3M | $7.3M |
| First Trust Smith Unconstrained Bond ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $20.4M | $20.2M | $0 |
| Strategic Income Opportunities Fund John Hancock Funds II | 2026-05-31 | $19.5M | $19.5M | $0 |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $18.3M | $18.8M | -$9.7M |
| Transamerica Short-Term Bond TRANSAMERICA FUNDS | 2026-07-31 | $17.5M | $17.3M | $4.1M |
| ALPS | Smith Core Plus Bond ETF ALPS ETF TRUST | 2026-05-31 | $16.9M | $16.6M | $1.8M |
| Investment Grade Bond Fund John Hancock Bond Trust | 2026-05-31 | $15.0M | $14.7M | $923K |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $14.8M | $14.6M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): THRIVENT MODERATE ALLOCATION PORTFOLIO ($805K), Vident U.S. Bond Strategy ETF ($530K), Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF ($35K), JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF ($6K), iShares Government/Credit Bond ETF ($5K).
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 |
|---|---|---|---|---|---|
| FPE First Trust Preferred Securities and Income ETF | 2026-07-31 | 1 | $31.9M | $32.1M | 0.51% |
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 2 | $28.5M | $28.2M | 0.85% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $27.9M | $27.7M | 0.06% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $27.3M | $26.9M | 0.04% |
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $22.0M | $21.9M | 0.34% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $21.2M | $21.3M | 0.01% |
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 2 | $20.4M | $20.2M | 0.62% |
| SMTH ALPS | Smith Core Plus Bond ETF | 2026-05-31 | 2 | $16.9M | $16.6M | 0.61% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 6 | $13.0M | $12.9M | 0.11% |
| FTCB First Trust Core Investment Grade ETF | 2026-07-31 | 1 | $12.0M | $12.0M | 0.47% |
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 1 | $11.9M | $11.9M | 0.35% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $10.9M | $10.9M | 0.05% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 2 | $10.1M | $10.2M | 0.10% |
| JHCR John Hancock Core Bond ETF | 2026-06-30 | 3 | $9.1M | $8.9M | 0.38% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 1 | $8.0M | $8.0M | 0.53% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 125 bp spread prices in about 2.1% 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
Not available.
The stock side: 13F filings
What institutions report holding in FCNCP'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 | 78 | $401.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 620 | $13.65B | 7 | $73.0M | 10 | $97.6M | 1 |
| 2026-03-31 | 590 | $11.47B | 7 | $74.8M | 10 | $79.3M | 0 |
| 2025-12-31 | 643 | $15.27B | 5 | $84.6M | 8 | $132.2M | 0 |
| 2025-09-30 | 614 | $12.87B | 6 | $123.5M | 8 | $121.7M | 0 |
| 2025-06-30 | 596 | $15.57B | 13 | $123.1M | 13 | $141.1M | 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.