Lithia Motors, Inc. bonds LAD
Who owns Lithia Motors, 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. LAD 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 |
|---|---|---|---|---|---|---|---|---|---|
| 536797AE3 | 4.625% fixed | 2027-12-15 | USD | 99.53 | 4.98% | 87 bp | 29 | $79.7M | Jul 2026 |
| 536797AG8 | 3.875% fixed | 2029-06-01 | USD | 96.02 | 5.40% | 115 bp | 43 | $96.1M | Jul 2026 |
| 536797AJ2 | 5.5% fixed | 2030-10-01 | USD | 98.64 | 5.87% | 157 bp | 52 | $72.3M | Jul 2026 |
| 536797AF0 | 4.375% fixed | 2031-01-15 | USD | 94.70 | 5.74% | 143 bp | 39 | $66.7M | 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 | $314.8M | 97.33 | 5.57% | 129 bp | 52 |
| Jun 2026 | 4 | $273.0M | 97.34 | 5.56% | 139 bp | 60 |
| May 2026 | 4 | $264.8M | 97.49 | 5.53% | 145 bp | 36 |
| Apr 2026 | 4 | $317.3M | 97.64 | 5.48% | 161 bp | 54 |
| Mar 2026 | 4 | $277.9M | 96.57 | 5.71% | 192 bp | 62 |
| Feb 2026 | 4 | $260.2M | 98.27 | 5.14% | 154 bp | 36 |
| Jan 2026 | 4 | $324.8M | 98.31 | 5.09% | 138 bp | 56 |
| Dec 2025 | 4 | $286.5M | 98.41 | 5.09% | 145 bp | 57 |
| Nov 2025 | 4 | $255.3M | 98.16 | 5.16% | 152 bp | 35 |
| Oct 2025 | 4 | $324.7M | 97.38 | 5.33% | 171 bp | 52 |
| Sep 2025 | 4 | $291.9M | 97.31 | 5.35% | 171 bp | 58 |
| Aug 2025 | 3 | $188.8M | 95.86 | 5.10% | 138 bp | 32 |
| Jul 2025 | 3 | $237.3M | 94.33 | 5.53% | 165 bp | 41 |
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. 62 added, 30 cut, 5 new holders and 16 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 | $74.6M | $73.2M | $0 |
| Income Fund of America | 2026-07-31 | $61.3M | $59.3M | $0 |
| American High Income Trust | 2026-06-30 | $59.9M | $57.8M | -$3.0M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $45.7M | $44.3M | $4.1M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $38.5M | $37.2M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $34.9M | $33.9M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $29.9M | $28.9M | -$3.2M |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $18.8M | $18.5M | $10.1M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $18.9M | $18.3M | -$40K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $17.3M | $17.1M | $3.7M |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $15.8M | $15.0M | $0 |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $15.4M | $15.0M | $0 |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $14.9M | $14.3M | $0 |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $13.9M | $13.4M | $1.8M |
| Oakmark Equity and Income Fund HARRIS ASSOCIATES INVESTMENT TRUST | 2026-06-30 | $13.5M | $12.9M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $13.0M | $12.6M | $160K |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $12.5M | $12.2M | $0 |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $12.1M | $11.9M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $11.0M | $10.8M | -$604K |
| Invesco Short Term Bond Fund AIM Investment Securities Funds (Invesco Investment Securities Funds) | 2026-05-31 | $9.9M | $9.8M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $9.8M | $9.7M | $0 |
| Calvert Short Duration Income Fund Calvert Fund | 2026-06-30 | $8.6M | $8.5M | $0 |
| High Yield Fund John Hancock Bond Trust | 2026-05-31 | $8.5M | $8.1M | $2.3M |
| Loomis Sayles Core Plus Bond Fund Natixis Funds Trust I | 2026-06-30 | $8.4M | $7.9M | $0 |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $7.6M | $7.4M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): BNY Mellon Core Plus Fund ($7.9M), PIMCO Multisector Bond Active Exchange-Traded Fund ($4.6M), PIMCO Diversified Income Fund ($2.5M), Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund ($1.2M), JPMorgan Global Allocation Fund ($1.2M), Multi-Sector Bond Portfolio ($1.1M), Western Asset Mortgage Total Return Fund ($1.0M), PIMCO High Yield Spectrum Fund ($975K), TCW Flexible Income ETF ($325K), PIMCO Sector Fund Series - H ($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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 4 | $45.7M | $44.3M | 0.15% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 4 | $29.9M | $28.9M | 0.18% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 4 | $18.9M | $18.3M | 0.24% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 4 | $17.3M | $17.1M | 0.15% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 3 | $11.0M | $10.8M | 0.22% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $7.2M | $7.0M | 0.10% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 4 | $7.0M | $6.8M | 0.20% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 2 | $6.3M | $6.1M | 0.12% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $5.5M | $5.3M | 0.06% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $4.6M | $4.5M | 0.53% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 4 | $4.7M | $4.5M | 0.19% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 4 | $4.2M | $4.1M | 0.16% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 3 | $4.1M | $4.1M | 0.24% |
| IBHG iShares iBonds 2027 Term High Yield and Income ETF | 2026-07-31 | 1 | $3.4M | $3.3M | 0.66% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 2 | $3.0M | $3.0M | 0.13% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.21: safer than 28% of companies (26th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $6.46B |
| Debt barrier (short-term + ½ long-term debt) | $11.22B |
| Equity volatility (1 year) | 38.2% |
| Asset value / asset volatility (solved) | $17.21B / 14.3% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 129 bp spread prices in about 2.1% 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 = 2.10 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LAD'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 | 41 | $69.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 436 | $7.04B | 13 | $303.9M | 12 | $47.6M | 0 |
| 2026-03-31 | 420 | $5.40B | 15 | $216.2M | 11 | $40.9M | 0 |
| 2025-12-31 | 471 | $7.86B | 9 | $60.0M | 8 | $84.1M | 1 |
| 2025-09-30 | 443 | $7.61B | 5 | $25.5M | 6 | $25.5M | 1 |
| 2025-06-30 | 444 | $8.74B | 9 | $30.9M | 10 | $28.0M | 1 |
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.