HEICO Corporation bonds HEI
Who owns HEICO 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. HEI 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 |
|---|---|---|---|---|---|---|---|---|---|
| 422806AA7 | 5.25% fixed | 2028-08-01 | USD | 101.03 | 4.70% | 48 bp | 14 | $47.4M | Jul 2026 |
| 422806AC3 | 4.95% fixed | 2031-08-01 | USD | 99.72 | 5.01% | 68 bp | 14 | $58.1M | Jul 2026 |
| 422806AB5 | 5.35% fixed | 2033-08-01 | USD | 100.05 | 5.34% | 88 bp | 11 | $12.1M | Jul 2026 |
| 422806AD1 | 5.4% fixed | 2036-08-01 | USD | 99.00 | 5.53% | 93 bp | 15 | $40.3M | 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 | 4 | $157.9M | 99.89 | 5.18% | 78 bp | 15 |
| Jun 2026 | 2 | $108.9M | 101.39 | 4.87% | 65 bp | 30 |
| May 2026 | 2 | $63.2M | 101.82 | 4.73% | 56 bp | 16 |
| Apr 2026 | 2 | $60.8M | 101.78 | 4.73% | 76 bp | 14 |
| Mar 2026 | 2 | $109.3M | 101.84 | 4.72% | 83 bp | 30 |
| Feb 2026 | 2 | $61.7M | 103.97 | 4.26% | 55 bp | 16 |
| Jan 2026 | 2 | $62.7M | 103.06 | 4.45% | 65 bp | 16 |
| Dec 2025 | 2 | $121.6M | 103.27 | 4.42% | 69 bp | 29 |
| Nov 2025 | 2 | $60.7M | 103.86 | 4.32% | 59 bp | 17 |
| Oct 2025 | 2 | $62.8M | 103.51 | 4.41% | 70 bp | 18 |
| Sep 2025 | 2 | $120.6M | 103.19 | 4.51% | 77 bp | 29 |
| Aug 2025 | 2 | $60.6M | 102.81 | 4.57% | 69 bp | 16 |
| Jul 2025 | 2 | $61.0M | 101.94 | 4.80% | 77 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. 27 added, 8 cut, 18 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $23.8M | $24.2M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $22.5M | $22.8M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $20.3M | $20.7M | $2.6M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $20.4M | $20.2M | new |
| Capital Income Builder | 2026-07-31 | $19.4M | $19.3M | new |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $16.9M | $16.8M | new |
| Transamerica Short-Term Bond TRANSAMERICA FUNDS | 2026-07-31 | $14.9M | $15.0M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $12.5M | $12.7M | $75K |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $11.4M | $11.6M | $0 |
| EUBEL BRADY & SUTTMAN INCOME FUND Eubel Brady & Suttman Mutual Fund Trust | 2026-07-31 | $10.9M | $11.0M | $0 |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $9.8M | $9.9M | $0 |
| First Trust Limited Duration Investment Grade Corporate ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $8.0M | $8.0M | new |
| VANGUARD STAR CORE-PLUS BOND FUND VANGUARD STAR FUNDS | 2026-07-31 | $7.9M | $7.8M | new |
| ALPS | Smith Total Return Bond Fund FINANCIAL INVESTORS TRUST | 2026-07-31 | $7.2M | $7.1M | new |
| First Trust Core Investment Grade ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $5.4M | $5.3M | new |
| Invesco BulletShares 2028 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.0M | $5.0M | $70K |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.8M | $4.9M | -$170K |
| Transamerica Bond TRANSAMERICA FUNDS | 2026-07-31 | $4.6M | $4.6M | $0 |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $4.6M | $4.6M | $190K |
| VOYA INTERMEDIATE BOND FUND Voya Funds Trust | 2026-06-30 | $4.3M | $4.3M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $4.1M | $4.1M | $80K |
| Weitz Core Plus Income Fund Weitz Funds | 2026-06-30 | $4.0M | $4.1M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $3.8M | $3.9M | $20K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.8M | $3.8M | $10K |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $3.7M | $3.8M | -$155K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VictoryShares Core Plus Bond ETF ($297K), iShares Investment Grade Systematic Bond ETF ($266K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $20.3M | $20.7M | 0.03% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 2 | $12.5M | $12.7M | 0.00% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 1 | $8.0M | $8.0M | 0.53% |
| FTCB First Trust Core Investment Grade ETF | 2026-07-31 | 1 | $5.4M | $5.3M | 0.21% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 1 | $5.0M | $5.0M | 0.14% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $4.8M | $4.9M | 0.01% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $4.6M | $4.6M | 0.11% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $4.1M | $4.1M | 0.02% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 2 | $3.8M | $3.9M | 0.00% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.8M | $3.8M | 0.02% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 1 | $3.2M | $3.2M | 0.03% |
| FIIG First Trust Intermediate Duration Investment Grade Corporate ETF | 2026-07-31 | 1 | $3.0M | $3.0M | 0.46% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 4 | $2.6M | $2.6M | 0.01% |
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 1 | $2.6M | $2.6M | 0.10% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 1 | $2.5M | $2.5M | 0.11% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 11.40: safer than 85% of companies (86th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-07-31.
| Equity value | $42.90B |
| Debt barrier (short-term + ½ long-term debt) | $1.27B |
| Equity volatility (1 year) | 32.0% |
| Asset value / asset volatility (solved) | $44.11B / 31.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 78 bp spread prices in about 1.3% 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 = 7.73 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in HEI'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 | 122 | $358.6M | 1 | $2.1M | 0 | — | 0 |
| 2026-06-30 | 999 | $31.84B | 11 | $70.8M | 13 | $98.5M | 0 |
| 2026-03-31 | 916 | $22.23B | 9 | $66.4M | 13 | $103.9M | 0 |
| 2025-12-31 | 955 | $30.00B | 10 | $42.3M | 11 | $32.7M | 0 |
| 2025-09-30 | 898 | $29.83B | 9 | $34.6M | 11 | $62.4M | 0 |
| 2025-06-30 | 894 | $32.23B | 12 | $154.5M | 13 | $72.7M | 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.