IQVIA Holdings Inc. bonds IQV
Who owns IQVIA Holdings 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. IQV 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 |
|---|---|---|---|---|---|---|---|---|---|
| 449934AD0 | 5% fixed | 2026-10-15 | USD | 99.96 | 5.15% | 142 bp | 15 | $139.0M | Jul 2026 |
| 46266TAA6 | 5% fixed | 2027-05-15 | USD | 99.91 | 5.11% | 115 bp | 20 | $98.4M | Jul 2026 |
| ACI1DMVN6 | 2.25% fixed | 2028-01-15 | EUR | 98.12 | 3.58% | — | 3 | $1.5M | Jul 2026 |
| 46266TAC2 | 5.7% fixed | 2028-05-15 | USD | 101.24 | 4.96% | 78 bp | 25 | $59.3M | Jul 2026 |
| 46266TAB4 | 5.7% fixed | 2028-05-15 | USD | 101.28 | 4.94% | 76 bp | 1 | $66K | Jul 2026 |
| U46093AC1 | 2.875% fixed | 2028-06-15 | EUR | 98.68 | 3.61% | — | 3 | $1.5M | Jul 2026 |
| BJ9491801 | 2.875% fixed | 2028-06-15 | EUR | 99.04 | 3.39% | — | 1 | $5.7M | Jun 2026 |
| 46266TAF5 | 6.25% fixed | 2029-02-01 | USD | 102.74 | 5.07% | 83 bp | 29 | $45.6M | Jul 2026 |
| U46093AD9 | 2.25% fixed | 2029-03-15 | EUR | 96.58 | 3.64% | — | 2 | $780K | Jul 2026 |
| ACI1VXQK4 | 2.25% fixed | 2029-03-15 | EUR | 96.61 | 3.63% | — | 1 | $1.1M | Jul 2026 |
| 46266TAD0 | 6.5% fixed | 2030-05-15 | USD | 101.93 | 5.92% | 163 bp | 34 | $99.2M | Jul 2026 |
| 46266TAG3 | 6.25% fixed | 2032-06-01 | USD | 101.34 | 5.97% | 159 bp | 77 | $260.4M | Jul 2026 |
| DL4834990 | 4.625% fixed | 2033-06-15 | EUR | 100.15 | 4.60% | — | 4 | $15.5M | Jul 2026 |
| XS3315365398 | 4.625% fixed | 2033-06-15 | EUR | 100.13 | 4.60% | — | 10 | $11.6M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $139K | 99.98 | — | — | 1 |
| Jul 2026 | 13 | $734.0M | 100.13 | 5.07% | 83 bp | 77 |
| Jun 2026 | 12 | $1.14B | 100.70 | 5.37% | 117 bp | 129 |
| May 2026 | 9 | $564.5M | 99.97 | 5.30% | 120 bp | 56 |
| Apr 2026 | 11 | $723.8M | 100.01 | 4.93% | 118 bp | 82 |
| Mar 2026 | 10 | $1.10B | 99.88 | 5.28% | 160 bp | 128 |
| Feb 2026 | 11 | $565.3M | 99.91 | 5.16% | 168 bp | 57 |
| Jan 2026 | 11 | $725.6M | 100.04 | 4.67% | 110 bp | 87 |
| Dec 2025 | 14 | $1.08B | 99.81 | 5.00% | 147 bp | 132 |
| Nov 2025 | 11 | $528.1M | 99.93 | 5.05% | 144 bp | 57 |
| Oct 2025 | 12 | $748.2M | 99.93 | 4.73% | 118 bp | 89 |
| Sep 2025 | 15 | $1.11B | 99.39 | 5.10% | 147 bp | 131 |
| Aug 2025 | 12 | $490.1M | 99.77 | 5.15% | 134 bp | 58 |
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. 113 added, 74 cut, 20 new holders and 28 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $87.8M | $88.0M | $0 |
| American High Income Trust | 2026-06-30 | $78.7M | $79.8M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $75.1M | $75.7M | $0 |
| Income Fund of America | 2026-07-31 | $72.1M | $73.2M | $0 |
| T. Rowe Price Capital Appreciation Fund T. ROWE PRICE CAPITAL APPRECIATION FUND, INC. | 2026-06-30 | $70.3M | $70.9M | $0 |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $59.9M | $61.7M | $0 |
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $60.8M | $61.0M | $17.8M |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $54.2M | $54.6M | $216K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $51.3M | $52.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $48.3M | $49.0M | -$14.5M |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $47.0M | $47.8M | $0 |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $43.0M | $43.1M | $13.8M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $38.9M | $39.6M | -$10.8M |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $37.2M | $38.1M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $37.0M | $37.8M | $1.4M |
| Artisan High Income Fund Artisan Partners Funds Inc. | 2026-06-30 | $34.2M | $34.8M | $0 |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $27.4M | $29.2M | $0 |
| Invesco BulletShares 2026 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $29.0M | $29.0M | $2.7M |
| iShares iBonds 2026 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $28.3M | $28.3M | -$5.2M |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $28.0M | $28.2M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $27.1M | $27.4M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $26.7M | $26.8M | $0 |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $26.6M | $26.8M | $1.0M |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $22.6M | $22.8M | $2.1M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $22.0M | $22.1M | $670K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares Investment Grade Systematic Bond ETF ($6.8M), Diversified Bond Fund ($3.5M), Global Bond Fund ($3.2M), iShares iBoxx $ Investment Grade Corporate Bond ETF ($2.5M), Short Duration Strategic Income Fund ($2.2M), Short Bond Fund ($2.1M), First Trust/Dow Jones Dividend & Income Allocation Portfolio ($2.0M), THE HARTFORD BALANCED INCOME FUND ($1.9M), THE HARTFORD HIGH YIELD FUND ($1.9M), American Century Diversified Corporate Bond ETF ($1.7M).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 2 | $48.3M | $49.0M | 0.17% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 3 | $38.9M | $39.6M | 0.25% |
| BSJQ Invesco BulletShares 2026 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $29.0M | $29.0M | 2.82% |
| IBHF iShares iBonds 2026 Term High Yield and Income ETF | 2026-07-31 | 1 | $28.3M | $28.3M | 3.49% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 3 | $22.0M | $22.1M | 0.29% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 2 | $19.5M | $20.0M | 0.19% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 3 | $18.7M | $18.9M | 0.86% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 3 | $16.0M | $16.2M | 1.07% |
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $15.9M | $16.1M | 0.25% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $15.5M | $15.9M | 0.02% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $15.1M | $15.4M | 0.03% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $14.6M | $14.9M | 0.20% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $13.3M | $13.3M | 0.27% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $11.9M | $12.2M | 0.06% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $11.2M | $11.4M | 0.10% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.18: safer than 51% of companies (48th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $43.75B |
| Debt barrier (short-term + ½ long-term debt) | $9.15B |
| Equity volatility (1 year) | 40.2% |
| Asset value / asset volatility (solved) | $52.52B / 33.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 83 bp spread prices in about 1.4% 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'' = 1.10 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in IQV'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 | 144 | $536.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,070 | $29.84B | 17 | $98.8M | 16 | $76.6M | 0 |
| 2026-03-31 | 1,047 | $22.28B | 18 | $144.7M | 19 | $152.2M | 0 |
| 2025-12-31 | 1,122 | $35.25B | 11 | $253.8M | 13 | $282.9M | 0 |
| 2025-09-30 | 991 | $30.02B | 19 | $230.8M | 20 | $491.1M | 1 |
| 2025-06-30 | 958 | $24.45B | 25 | $239.3M | 21 | $453.0M | 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.