Kinetik Holdings Inc. bonds KNTK
Who owns Kinetik 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. KNTK 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 |
|---|---|---|---|---|---|---|---|---|---|
| 49461MAB6 | 6.625% fixed | 2028-12-15 | USD | 101.66 | 5.86% | 163 bp | 49 | $104.6M | Jul 2026 |
| 49461MAA8 | 5.875% fixed | 2030-06-15 | USD | 100.13 | 5.84% | 154 bp | 50 | $89.9M | 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 | 2 | $194.5M | 100.89 | 5.85% | 159 bp | 50 |
| Jun 2026 | 2 | $243.9M | 101.11 | 5.80% | 165 bp | 86 |
| May 2026 | 2 | $316.9M | 101.33 | 5.72% | 166 bp | 44 |
| Apr 2026 | 2 | $193.2M | 101.18 | 5.78% | 193 bp | 53 |
| Mar 2026 | 2 | $238.2M | 101.03 | 5.85% | 209 bp | 81 |
| Feb 2026 | 2 | $317.9M | 102.15 | 5.48% | 192 bp | 44 |
| Jan 2026 | 2 | $209.3M | 102.11 | 5.52% | 185 bp | 53 |
| Dec 2025 | 2 | $233.5M | 101.93 | 5.58% | 198 bp | 78 |
| Nov 2025 | 2 | $318.5M | 101.80 | 5.64% | 203 bp | 44 |
| Oct 2025 | 2 | $203.2M | 101.71 | 5.68% | 210 bp | 51 |
| Sep 2025 | 2 | $238.7M | 101.65 | 5.71% | 211 bp | 83 |
| Aug 2025 | 2 | $298.9M | 101.84 | 5.66% | 193 bp | 42 |
| Jul 2025 | 2 | $197.8M | 101.16 | 5.87% | 197 bp | 56 |
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. 49 added, 33 cut, 14 new holders and 6 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 | $71.8M | $73.3M | $2.1M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $36.4M | $36.7M | -$732K |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $29.2M | $29.5M | $150K |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $28.9M | $29.5M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $27.8M | $28.2M | -$4.7M |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $26.2M | $26.6M | $0 |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $21.6M | $21.7M | -$735K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $21.0M | $21.3M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $17.7M | $17.9M | -$945K |
| Franklin High Income Fund Franklin High Income Trust | 2026-06-30 | $16.8M | $17.0M | $0 |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $16.6M | $16.8M | $3.9M |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $14.6M | $14.8M | -$59K |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $14.1M | $14.1M | $0 |
| JPMorgan Core Plus Bond ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $14.0M | $14.1M | $1.1M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $12.6M | $12.8M | -$66K |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $10.3M | $10.4M | -$2.6M |
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $10.3M | $10.4M | $0 |
| Franklin High Yield Corporate ETF Franklin Templeton ETF Trust | 2026-06-30 | $10.2M | $10.3M | $2.5M |
| High Yield Bond Series Manning & Napier Fund, Inc. | 2026-06-30 | $10.0M | $10.2M | -$1.0M |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $9.5M | $9.5M | $555K |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $9.0M | $9.2M | $0 |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $9.1M | $9.1M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $8.8M | $8.9M | $0 |
| First Trust Smith Opportunistic Fixed Income ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $8.3M | $8.5M | $0 |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $8.1M | $8.2M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nuveen High Yield Income Fund ($2.3M), Eaton Vance Multi-Asset Credit Fund ($679K), SIMT Multi-Asset Income Fund ($660K), Goldman Sachs Income Fund ($335K), BlackRock Global Allocation Fund, Inc. ($129K), Neuberger Flexible Credit Income ETF ($55K).
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 | $36.4M | $36.7M | 0.13% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $27.8M | $28.2M | 0.17% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 2 | $17.7M | $17.9M | 0.24% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $14.6M | $14.8M | 0.20% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 2 | $14.0M | $14.1M | 0.11% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $12.6M | $12.8M | 0.11% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $10.3M | $10.4M | 0.21% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 2 | $10.2M | $10.3M | 0.87% |
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 1 | $8.3M | $8.5M | 0.25% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 2 | $7.5M | $7.6M | 0.34% |
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 1 | $7.2M | $7.3M | 0.22% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $5.8M | $5.9M | 0.85% |
| SMTH ALPS | Smith Core Plus Bond ETF | 2026-05-31 | 1 | $5.6M | $5.8M | 0.21% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 1 | $4.9M | $5.0M | 0.05% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $4.1M | $4.2M | 0.18% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.90: safer than 48% of companies (56th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $4.40B |
| Debt barrier (short-term + ½ long-term debt) | $2.08B |
| Equity volatility (1 year) | 33.8% |
| Asset value / asset volatility (solved) | $6.39B / 23.3% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 159 bp spread prices in about 2.6% 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'' = -0.68 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in KNTK'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 | 28 | $20.4M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 311 | $2.77B | 5 | $5.3M | 5 | $29.2M | 0 |
| 2026-03-31 | 291 | $2.32B | 5 | $8.1M | 7 | $40.4M | 0 |
| 2025-12-31 | 240 | $1.86B | 5 | $1.7M | 6 | $13.0M | 0 |
| 2025-09-30 | 266 | $2.07B | 4 | $1.1M | 5 | $17.3M | 0 |
| 2025-06-30 | 267 | $2.39B | 5 | $1.1M | 5 | $4.9M | 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.