Liberty Energy Inc. bonds LBRT
Who owns Liberty Energy 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. LBRT 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 |
|---|---|---|---|---|---|---|---|---|---|
| 53115LAA2 convertible | 0% none | 2031-03-01 | USD | 87.66 | — | — | 14 | $71.2M | Jul 2026 |
| 53115LAC8 convertible | 0% none | 2032-03-01 | USD | 82.19 | — | — | 15 | $29.8M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | $101.0M | 84.92 | — | — | 15 |
| Jun 2026 | 2 | $33.4M | 100.00 | — | — | 19 |
| May 2026 | 2 | $28.7M | 106.57 | — | — | 6 |
| Apr 2026 | 2 | $150.7M | 116.80 | — | — | 22 |
| Mar 2026 | 2 | $44.5M | 105.50 | — | — | 16 |
| Feb 2026 | 1 | $12.1M | 108.31 | — | — | 5 |
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. 7 added, 7 cut, 11 new holders and 14 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $26.5M | $22.6M | $2.8M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $19.9M | $20.0M | $6.3M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $22.5M | $19.2M | $0 |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $12.5M | $10.9M | $0 |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $9.6M | $10.4M | $5.2M |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $9.9M | $10.2M | new |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $10.0M | $8.6M | $0 |
| Calamos Growth & Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $9.5M | $8.4M | $0 |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $9.6M | $8.2M | $0 |
| Calamos Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $9.3M | $8.0M | $0 |
| Calamos Dynamic Convertible & Income Fund | 2026-07-31 | $7.9M | $6.8M | $0 |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $5.0M | $5.2M | $0 |
| Putnam Convertible Securities Fund | 2026-07-31 | $5.1M | $4.4M | $0 |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $3.5M | $3.8M | $1.6M |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $2.9M | $3.2M | -$451K |
| Empower High Yield Bond Fund EMPOWER FUNDS, INC. | 2026-06-30 | $2.1M | $2.2M | $273K |
| Bancroft Fund Ltd | 2026-06-30 | $1.6M | $1.7M | $0 |
| Ellsworth Growth & Income Fund Ltd | 2026-06-30 | $1.6M | $1.7M | $0 |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $1.5M | $1.3M | new |
| THE HARTFORD STRATEGIC INCOME FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $1.4M | $1.2M | -$1.3M |
| Voya Global Income & Growth Fund Voya Equity Trust | 2026-05-31 | $940K | $1.0M | -$570K |
| Gabelli Convertible & Income Securities Fund Inc | 2026-06-30 | $700K | $723K | $0 |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $544K | $547K | new |
| Putnam Diversified Income Trust | 2026-06-30 | $372K | $375K | $0 |
| BNY Mellon Core Plus Fund BNY Mellon Absolute Insight Funds, Inc. | 2026-07-31 | $324K | $284K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Virtus Income & Growth Fund ($7.0M), Virtus Convertible Fund ($6.7M), Calamos Global Dynamic Income Fund ($3.5M), Calamos Global Opportunities Fund ($2.8M), Virtus Convertible & Income Fund ($1.2M), Virtus Convertible & Income Fund II ($975K), Virtus Equity & Convertible Income Fund ($965K), Virtus Dividend, Interest & Premium Strategy Fund ($960K), FS Multi-Strategy Alternatives Fund ($892K), Defensive Market Strategies Fund ($887K).
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 | 2 | $26.5M | $22.6M | 0.31% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 2 | $19.9M | $20.0M | 0.32% |
| HFSI Hartford Strategic Income ETF | 2026-07-31 | 1 | $325K | $267K | 0.02% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $61K | $54K | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 2.95: safer than 24% of companies (32th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $2.78B |
| Debt barrier (short-term + ½ long-term debt) | $651.9M |
| Equity volatility (1 year) | 64.7% |
| Asset value / asset volatility (solved) | $3.40B / 52.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z = 2.27 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LBRT'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 | 25 | $4.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 391 | $4.65B | 10 | $43.4M | 15 | $92.2M | 0 |
| 2026-03-31 | 375 | $4.14B | 10 | $49.3M | 10 | $35.4M | 0 |
| 2025-12-31 | 328 | $2.88B | 10 | $17.3M | 14 | $24.5M | 0 |
| 2025-09-30 | 324 | $1.95B | 12 | $11.3M | 16 | $24.6M | 0 |
| 2025-06-30 | 313 | $1.72B | 12 | $9.6M | 14 | $11.1M | 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.