JD.com, Inc. bonds JD
Who owns JD.com, 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. JD 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 |
|---|---|---|---|---|---|---|---|---|---|
| 47215PAJ5 | 0.25% fixed | 2029-06-01 | USD | 104.38 | -1.26% | -552 bp | 12 | $115.2M | Jul 2026 |
| 47215PAE6 | 3.375% fixed | 2030-01-14 | USD | 96.05 | 4.63% | 35 bp | 5 | $3.5M | Jul 2026 |
| 47215PAF3 | 4.13% fixed | 2050-01-14 | USD | 78.50 | 5.82% | 72 bp | 2 | $499K | 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 | $119.2M | 96.05 | 4.63% | 35 bp | 12 |
| Jun 2026 | 3 | $79.5M | 96.58 | 4.43% | 26 bp | 16 |
| May 2026 | 3 | $25.5M | 96.78 | 4.34% | 27 bp | 10 |
| Apr 2026 | 3 | $91.4M | 97.05 | 4.24% | 38 bp | 6 |
| Mar 2026 | 3 | $97.5M | 96.68 | 4.33% | 56 bp | 16 |
| Feb 2026 | 4 | $24.0M | 98.49 | 3.90% | 31 bp | 9 |
| Jan 2026 | 4 | $92.0M | 98.54 | 4.16% | 47 bp | 10 |
| Dec 2025 | 3 | $105.3M | 97.19 | 4.14% | 51 bp | 17 |
| Nov 2025 | 4 | $26.2M | 98.76 | 4.02% | 39 bp | 12 |
| Oct 2025 | 4 | $84.8M | 98.49 | 4.66% | 55 bp | 10 |
| Sep 2025 | 3 | $108.2M | 96.82 | 4.82% | 65 bp | 18 |
| Aug 2025 | 4 | $25.8M | 98.24 | 4.19% | 43 bp | 12 |
| Jul 2025 | 4 | $63.1M | 97.48 | 4.50% | 58 bp | 11 |
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. 6 added, 4 cut, 10 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $42.0M | $43.8M | $5.9M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $37.2M | $38.8M | $0 |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $29.8M | $29.4M | $4.0M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $14.0M | $13.0M | $0 |
| AQR Diversified Arbitrage Fund AQR Funds | 2026-06-30 | $12.8M | $12.6M | $0 |
| Miller Convertible Bond Fund Miller Investment Trust | 2026-07-31 | $12.0M | $12.5M | new |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $11.8M | $11.4M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $11.3M | $10.4M | $0 |
| Calamos Global Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $5.3M | $5.6M | $0 |
| Global Opportunities Portfolio | 2026-07-31 | $4.5M | $4.7M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.8M | $4.6M | $0 |
| Miller Intermediate Bond Fund Miller Investment Trust | 2026-07-31 | $4.0M | $4.2M | new |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $4.2M | $4.1M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $4.2M | $3.7M | $0 |
| WESTWOOD ALTERNATIVE INCOME FUND Ultimus Managers Trust | 2026-07-31 | $2.5M | $2.6M | $0 |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $2.5M | $2.6M | $1.8M |
| Calamos Evolving World Growth Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $2.0M | $2.1M | new |
| EQ/Long-Term Bond Portfolio EQ Advisors Trust | 2026-06-30 | $2.4M | $2.0M | $0 |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $1.8M | $1.7M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $1.3M | $1.2M | $200K |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $1.4M | $1.1M | $0 |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $934K | $902K | -$83K |
| Nuveen Bond Index Fund TIAA-CREF Funds | 2026-06-30 | $1.0M | $896K | $0 |
| Eaton Vance Total Return Bond Fund Eaton Vance Mutual Funds Trust | 2026-06-30 | $800K | $787K | $0 |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $700K | $618K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): T. Rowe Price Emerging Markets Bond Fund ($8.2M), FS Multi-Strategy Alternatives Fund ($7.3M), JPMorgan Global Active Allocation Portfolio ($4.2M), Defensive Market Strategies Fund ($1.5M), Empower High Yield Bond Fund ($686K), Transamerica Long Credit ($249K), Goldman Sachs Access U.S. Aggregate Bond ETF ($200K).
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 | 1 | $42.0M | $43.8M | 0.61% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 1 | $29.8M | $29.4M | 0.47% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 2 | $14.0M | $13.0M | 0.00% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $11.8M | $11.4M | 0.02% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 1 | $4.8M | $4.6M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $4.2M | $4.1M | 0.02% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 2 | $4.2M | $3.7M | 0.00% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $1.8M | $1.7M | 0.05% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $1.3M | $1.2M | 0.00% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $1.4M | $1.1M | 0.01% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 1 | $934K | $902K | 0.01% |
| BLV VANGUARD LONG-TERM BOND INDEX FUND | 2026-06-30 | 1 | $670K | $549K | 0.01% |
| VTC VANGUARD TOTAL CORPORATE BOND ETF | 2026-05-31 | 1 | $450K | $435K | 0.02% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $464K | $435K | 0.00% |
| XAGG Eaton Vance Income Opportunities ETF | 2026-06-30 | 1 | $280K | $275K | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.92: safer than 66% of companies (63th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $36.17B |
| Debt barrier (short-term + ½ long-term debt) | $8.02B |
| Equity volatility (1 year) | 30.0% |
| Asset value / asset volatility (solved) | $43.85B / 24.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 35 bp spread prices in about 0.6% 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'' = 1.14 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in JD'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 | 37 | $24.7M | 0 | — | 1 | $1.1M | 0 |
| 2026-06-30 | 414 | $4.96B | 40 | $929.1M | 39 | $1.19B | 58 |
| 2026-03-31 | 399 | $4.93B | 34 | $1.25B | 39 | $1.10B | 55 |
| 2025-12-31 | 428 | $5.38B | 39 | $1.68B | 44 | $1.68B | 53 |
| 2025-09-30 | 455 | $7.55B | 38 | $1.87B | 64 | $2.15B | 62 |
| 2025-06-30 | 462 | $6.74B | 36 | $1.03B | 42 | $1.42B | 60 |
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.