GameStop Corp. bonds GME
Who owns GameStop Corp.'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. GME 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 |
|---|---|---|---|---|---|---|---|---|---|
| 36467WAE9 | 0% none | 2030-04-01 | USD | 100.29 | — | — | 5 | $55.0M | Jul 2026 |
| 36467WAF6 convertible | 0% none | 2032-06-15 | USD | 99.25 | — | — | 4 | $39.9M | May 2026 |
| 36467WAG4 convertible | 0% none | 2032-06-15 | USD | 99.94 | — | — | 8 | $111.7M | 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 | $166.7M | 100.12 | — | — | 8 |
| Jun 2026 | 2 | $100.0M | 101.53 | — | — | 14 |
| May 2026 | 2 | $40.1M | 99.40 | — | — | 4 |
| Apr 2026 | 2 | $214.3M | 107.98 | — | — | 9 |
| Mar 2026 | 2 | $89.5M | 102.97 | — | — | 15 |
| Feb 2026 | 2 | $43.8M | 107.65 | — | — | 3 |
| Jan 2026 | 2 | $203.3M | 108.03 | — | — | 5 |
| Dec 2025 | 2 | $85.3M | 98.30 | — | — | 10 |
| Nov 2025 | 2 | $36.9M | 102.32 | — | — | 3 |
| Oct 2025 | 2 | $164.5M | 102.80 | — | — | 5 |
| Sep 2025 | 2 | $109.7M | 113.88 | — | — | 10 |
| Aug 2025 | 2 | $47.3M | 101.34 | — | — | 5 |
| Jul 2025 | 2 | $153.5M | 102.04 | — | — | 6 |
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. 10 added, 9 cut, 8 new holders and 10 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $88.2M | $88.2M | $17.4M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $70.0M | $70.1M | -$40.0M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $63.3M | $64.2M | $9.3M |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $29.4M | $29.2M | $1.3M |
| AQR Diversified Arbitrage Fund AQR Funds | 2026-06-30 | $16.7M | $16.9M | $1.7M |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $10.4M | $10.3M | -$1.5M |
| FS Multi-Strategy Alternatives Fund ADVISORS' INNER CIRCLE III | 2026-06-30 | $5.6M | $5.7M | -$506K |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $4.0M | $4.1M | new |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $3.7M | $3.7M | -$643K |
| American Beacon SSI Alternative Income Fund AMERICAN BEACON FUNDS | 2026-06-30 | $3.5M | $3.5M | $1.8M |
| Putnam Convertible Securities Fund | 2026-07-31 | $3.1M | $3.2M | new |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $1.3M | $1.3M | $145K |
| Empower High Yield Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $1.2M | $1.2M | new |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $765K | $777K | $50K |
| Strategic Alternatives Fund GuideStone Funds | 2026-06-30 | $732K | $745K | $355K |
| Morningstar Alternatives Fund Morningstar Funds Trust | 2026-07-31 | $597K | $594K | -$200K |
| Lazard Enhanced Opportunities Portfolio LAZARD FUNDS INC | 2026-06-30 | $581K | $591K | $473K |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $481K | $478K | -$22K |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $430K | $428K | -$32K |
| Harbor Ares Systematic Convertible Securities Fund HARBOR FUNDS | 2026-07-31 | $400K | $402K | -$100K |
| Putnam Diversified Income Trust | 2026-06-30 | $295K | $301K | new |
| Digital Asset Debt Strategy ETF Tidal Trust I | 2026-05-31 | $232K | $231K | $0 |
| Catalyst/SMH High Income Fund MUTUAL FUND SERIES TRUST | 2026-06-30 | $200K | $204K | $0 |
| Lazard US Convertibles Portfolio LAZARD FUNDS INC | 2026-06-30 | $168K | $172K | $0 |
| Fidelity Multi-Strategy Credit Fund | 2026-06-30 | $75K | $76K | -$5K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Miller Convertible Bond Fund ($6.7M), Miller Market Neutral Income Fund ($4.0M), Defensive Market Strategies Fund ($2.5M), Bancroft Fund Ltd ($1.5M), Ellsworth Growth & Income Fund Ltd ($1.5M), Gabelli Convertible & Income Securities Fund Inc ($800K), First Trust SSI Strategic Convertible Securities ETF ($360K), TETON Convertible Securities Fund ($100K), Opportunistic Fixed Income Trust ($12K), Opportunistic Fixed Income Fund ($9K).
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 |
|---|---|---|---|---|---|
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 2 | $88.2M | $88.2M | 1.23% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 2 | $63.3M | $64.2M | 1.04% |
| DADS Digital Asset Debt Strategy ETF | 2026-05-31 | 1 | $232K | $231K | 2.38% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $61K | $61K | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.86: safer than 57% of companies (55th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-08-01.
| Equity value | $13.27B |
| Debt barrier (short-term + ½ long-term debt) | $2.08B |
| Equity volatility (1 year) | 38.8% |
| Asset value / asset volatility (solved) | $15.27B / 33.7% |
| 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'' = 5.27 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in GME'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 | 46 | $7.2M | 1 | $1.3M | 3 | $14.3M | 0 |
| 2026-06-30 | 385 | $3.51B | 37 | $1.27B | 46 | $1.29B | 65 |
| 2026-03-31 | 362 | $2.58B | 33 | $1.37B | 43 | $1.37B | 4 |
| 2025-12-31 | 349 | $3.03B | 32 | $1.19B | 41 | $1.17B | 5 |
| 2025-09-30 | 328 | $4.46B | 34 | $1.54B | 39 | $1.08B | 3 |
| 2025-06-30 | 330 | $4.26B | 34 | $1.05B | 33 | $787.2M | 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.