ICON Public Limited Company bonds ICLR
Who owns ICON Public Limited Company'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. ICLR 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 |
|---|---|---|---|---|---|---|---|---|---|
| 45115AAA2 | 5.809% fixed | 2027-05-08 | USD | 100.74 | 4.81% | 86 bp | 19 | $60.7M | Jul 2026 |
| 45115AAB0 | 5.849% fixed | 2029-05-08 | USD | 102.05 | 5.05% | 80 bp | 27 | $46.1M | Jul 2026 |
| 45115AAC8 | 6% fixed | 2034-05-08 | USD | 101.13 | 5.81% | 132 bp | 18 | $39.9M | 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 | 3 | $146.8M | 101.13 | 5.43% | 106 bp | 27 |
| Jun 2026 | 4 | $314.3M | 101.47 | 5.31% | 105 bp | 47 |
| May 2026 | 4 | $394.0M | 101.32 | 5.41% | 121 bp | 31 |
| Apr 2026 | 4 | $235.9M | 101.34 | 5.16% | 134 bp | 28 |
| Mar 2026 | 4 | $294.9M | 100.88 | 5.31% | 164 bp | 47 |
| Feb 2026 | 4 | $392.7M | 101.66 | 5.02% | 152 bp | 32 |
| Jan 2026 | 4 | $231.5M | 103.07 | 4.43% | 80 bp | 25 |
| Dec 2025 | 4 | $269.2M | 103.21 | 4.43% | 86 bp | 41 |
| Nov 2025 | 4 | $321.5M | 103.21 | 4.44% | 86 bp | 36 |
| Oct 2025 | 4 | $221.9M | 103.29 | 4.46% | 89 bp | 25 |
| Sep 2025 | 4 | $265.1M | 103.22 | 4.51% | 93 bp | 43 |
| Aug 2025 | 4 | $301.7M | 103.03 | 4.52% | 78 bp | 39 |
| Jul 2025 | 4 | $226.1M | 102.02 | 4.81% | 88 bp | 28 |
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. 30 added, 27 cut, 9 new holders and 26 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $118.6M | $120.4M | $0 |
| Lord Abbett Ultra Short Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $58.8M | $58.9M | $17.4M |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $51.8M | $51.9M | $13.7M |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $43.6M | $43.8M | $0 |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $22.0M | $22.5M | $3.1M |
| MFS Corporate Bond Fund MFS Series Trust IX | 2026-07-31 | $20.9M | $21.0M | $0 |
| First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $20.0M | $20.1M | -$34.1M |
| T. Rowe Price Ultra Short-Term Bond Fund T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $17.6M | $17.7M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $15.8M | $16.0M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $13.8M | $14.0M | $0 |
| MFS Total Return Bond Fund MFS Series Trust IX | 2026-07-31 | $13.6M | $13.7M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $13.5M | $13.7M | $0 |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $11.6M | $11.9M | $0 |
| First Trust Limited Duration Investment Grade Corporate ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $11.0M | $11.2M | -$4.7M |
| T. Rowe Price Short-Term Bond Fund, Inc. T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $10.6M | $10.7M | $227K |
| Lord Abbett Core Plus Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $10.1M | $10.3M | $0 |
| Guggenheim Limited Duration Fund Guggenheim Funds Trust | 2026-06-30 | $10.3M | $10.3M | $0 |
| Strategic Advisers Fidelity Short Duration Fund Fidelity Rutland Square Trust II | 2026-05-31 | $9.0M | $9.0M | $8.6M |
| First Trust Core Investment Grade ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $8.7M | $8.9M | $0 |
| Fidelity Advisor Limited Term Bond Fund Fidelity Advisor Series II | 2026-05-31 | $8.6M | $8.7M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $8.3M | $8.5M | $0 |
| Lord Abbett Core Fixed Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $8.1M | $8.2M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $8.0M | $8.1M | $150K |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.6M | $7.8M | $2.9M |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $7.6M | $7.7M | $160K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): THE HARTFORD TOTAL RETURN BOND FUND ($2.0M), Hartford Total Return Bond ETF ($1.1M), CTIVP - American Century Diversified Bond Fund ($965K), HARTFORD TOTAL RETURN BOND HLS FUND ($675K), Destinations Core Fixed Income Fund ($600K), AST Core Fixed Income Portfolio ($600K), Empower Core Bond Fund ($600K), Nuveen Short Term Bond Index Fund ($500K), State Street(R) SPDR(R) Portfolio Aggregate Bond ETF ($450K), HIGH-YIELD BOND PORTFOLIO ($400K).
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 |
|---|---|---|---|---|---|
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $20.0M | $20.1M | 0.31% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $13.8M | $14.0M | 0.02% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 2 | $11.0M | $11.2M | 0.74% |
| FTCB First Trust Core Investment Grade ETF | 2026-07-31 | 2 | $8.7M | $8.9M | 0.35% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $8.0M | $8.1M | 0.01% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $7.6M | $7.8M | 0.07% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $7.6M | $7.7M | 0.17% |
| FIIG First Trust Intermediate Duration Investment Grade Corporate ETF | 2026-07-31 | 1 | $6.6M | $6.7M | 1.03% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $5.5M | $5.6M | 0.14% |
| IBDS iShares iBonds Dec 2027 Term Corporate ETF | 2026-07-31 | 1 | $5.4M | $5.5M | 0.14% |
| BSCT Invesco BulletShares 2029 Corporate Bond ETF | 2026-05-31 | 1 | $5.1M | $5.2M | 0.18% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $4.4M | $4.5M | 0.01% |
| TBUX T. Rowe Price Ultra Short-Term Bond ETF | 2026-05-31 | 2 | $4.5M | $4.5M | 0.40% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $4.4M | $4.5M | 0.02% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 2 | $3.9M | $3.9M | 0.17% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 2.75: safer than 22% of companies (23th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $12.98B |
| Debt barrier (short-term + ½ long-term debt) | $2.34B |
| Equity volatility (1 year) | 73.4% |
| Asset value / asset volatility (solved) | $15.21B / 62.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 106 bp spread prices in about 1.8% 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'' = 2.06 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in ICLR'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 | 34 | $303.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 419 | $13.68B | 15 | $85.5M | 16 | $134.6M | 0 |
| 2026-03-31 | 405 | $7.98B | 15 | $26.5M | 14 | $40.0M | 0 |
| 2025-12-31 | 502 | $13.25B | 6 | $18.5M | 10 | $46.7M | 0 |
| 2025-09-30 | 501 | $12.70B | 9 | $18.1M | 11 | $22.7M | 0 |
| 2025-06-30 | 473 | $10.61B | 8 | $8.9M | 10 | $17.9M | 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.