Lam Research Corporation bonds LRCX
Who owns Lam Research Corporation'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. LRCX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 512807AU2 | 4% fixed | 2029-03-15 | USD | 98.31 | 4.69% | 44 bp | 12 | $17.0M | Jul 2026 |
| 512807AV0 | 1.9% fixed | 2030-06-15 | USD | 89.62 | 4.87% | 58 bp | 10 | $8.8M | Jul 2026 |
| 512807AT5 | 4.875% fixed | 2049-03-15 | USD | 86.01 | 6.01% | 91 bp | 5 | $1.9M | Jul 2026 |
| 512807AW8 | 2.875% fixed | 2050-06-15 | USD | 60.34 | 6.03% | 92 bp | 5 | $1.3M | Jul 2026 |
| 512807AX6 | 3.13% fixed | 2060-06-15 | USD | 57.83 | 6.08% | 98 bp | 7 | $1.4M | 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 | 5 | $30.3M | 86.01 | 5.44% | 74 bp | 12 |
| Jun 2026 | 5 | $140.8M | 90.47 | 5.07% | 51 bp | 25 |
| May 2026 | 5 | $131.8M | 90.65 | 5.02% | 45 bp | 24 |
| Apr 2026 | 5 | $29.2M | 89.90 | 5.03% | 64 bp | 12 |
| Mar 2026 | 5 | $138.7M | 89.47 | 5.06% | 74 bp | 24 |
| Feb 2026 | 6 | $136.4M | 92.50 | 4.69% | 52 bp | 25 |
| Jan 2026 | 6 | $41.8M | 91.52 | 4.83% | 56 bp | 15 |
| Dec 2025 | 6 | $136.7M | 91.29 | 4.82% | 60 bp | 23 |
| Nov 2025 | 6 | $145.3M | 92.08 | 4.71% | 55 bp | 25 |
| Oct 2025 | 6 | $34.6M | 91.90 | 4.74% | 62 bp | 11 |
| Sep 2025 | 6 | $138.9M | 91.86 | 4.76% | 58 bp | 23 |
| Aug 2025 | 6 | $142.0M | 90.31 | 4.88% | 56 bp | 24 |
| Jul 2025 | 6 | $43.5M | 89.95 | 4.98% | 55 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. 28 added, 20 cut, 4 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $76.4M | $62.1M | $425K |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $57.5M | $46.5M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $29.6M | $29.1M | $3.7M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $20.5M | $16.7M | -$2.6M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $18.1M | $15.1M | -$1.2M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $10.4M | $9.9M | -$1.1M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $11.6M | $7.5M | $0 |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $7.5M | $7.4M | $505K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $7.1M | $7.0M | $100K |
| Invesco BulletShares 2029 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $6.9M | $6.8M | -$470K |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $9.2M | $6.0M | $1.6M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.8M | $5.9M | -$285K |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $5.9M | $5.8M | $0 |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $4.7M | $4.6M | new |
| Invesco BulletShares 2030 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.1M | $4.6M | $270K |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $5.1M | $4.1M | $540K |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $4.5M | $4.0M | $367K |
| SA Federated Hermes Corporate Bond Portfolio SUNAMERICA SERIES TRUST | 2026-07-31 | $3.8M | $3.7M | $0 |
| iShares ESG Aware 1-5 Year USD Corporate Bond ETF iShares Trust | 2026-05-31 | $3.8M | $3.6M | $1.8M |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $3.2M | $2.8M | $0 |
| VANGUARD LONG-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.3M | $2.7M | $105K |
| iShares ESG Aware U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $2.9M | $2.7M | $65K |
| iShares ESG Aware USD Corporate Bond ETF iShares Trust | 2026-05-31 | $2.9M | $2.6M | $75K |
| BlackRock Balanced Fund, Inc. | 2026-05-29 | $2.5M | $2.3M | -$1.3M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.2M | $2.2M | -$83K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): BlackRock Systematic Multi-Strategy Fund ($4.1M), AB Corporate Bond ETF ($280K), State Street(R) My2026 Corporate Bond ETF ($215K), BlackRock Total Return Fund ($107K).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 5 | $76.4M | $62.1M | 0.02% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $29.6M | $29.1M | 0.06% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 5 | $20.5M | $16.7M | 0.01% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $18.1M | $15.1M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $10.4M | $9.9M | 0.04% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $7.5M | $7.4M | 0.18% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $7.1M | $7.0M | 0.01% |
| BSCT Invesco BulletShares 2029 Corporate Bond ETF | 2026-05-31 | 1 | $6.9M | $6.8M | 0.24% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $9.2M | $6.0M | 0.07% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $6.8M | $5.9M | 0.03% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $4.7M | $4.6M | 0.04% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 1 | $5.1M | $4.6M | 0.18% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 5 | $5.1M | $4.1M | 0.01% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $4.5M | $4.0M | 0.12% |
| SUSB iShares ESG Aware 1-5 Year USD Corporate Bond ETF | 2026-05-31 | 2 | $3.8M | $3.6M | 0.30% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.86: safer than 72% of companies (71th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-06-28.
| Equity value | $341.14B |
| Debt barrier (short-term + ½ long-term debt) | $1.96B |
| Equity volatility (1 year) | 64.1% |
| Asset value / asset volatility (solved) | $343.02B / 63.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 74 bp spread prices in about 1.2% 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 = 23.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LRCX'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 | 524 | $3.71B | 3 | $22.6M | 4 | $1.4M | 0 |
| 2026-06-30 | 3,128 | $443.97B | 65 | $13.52B | 70 | $10.86B | 0 |
| 2026-03-31 | 2,632 | $178.75B | 58 | $4.48B | 58 | $4.19B | 0 |
| 2025-12-31 | 2,382 | $175.72B | 58 | $5.80B | 60 | $4.16B | 0 |
| 2025-09-30 | 2,096 | $134.56B | 51 | $2.95B | 56 | $2.54B | 1 |
| 2025-06-30 | 1,868 | $101.07B | 58 | $2.00B | 59 | $1.97B | 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.