Lamb Weston Holdings, Inc. bonds LW
Who owns Lamb Weston 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. LW 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 |
|---|---|---|---|---|---|---|---|---|---|
| 513272AC8 | 4.875% fixed | 2028-05-15 | USD | 99.24 | 5.32% | 114 bp | 25 | $35.7M | Jul 2026 |
| 513272AD6 | 4.125% fixed | 2030-01-31 | USD | 95.26 | 5.64% | 136 bp | 42 | $163.5M | Jul 2026 |
| 513272AE4 | 4.375% fixed | 2032-01-31 | USD | 93.75 | 5.72% | 135 bp | 38 | $55.4M | 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 | 3 | $254.6M | 95.26 | 5.64% | 135 bp | 42 |
| Jun 2026 | 3 | $232.7M | 95.91 | 5.39% | 123 bp | 78 |
| May 2026 | 3 | $139.8M | 95.57 | 5.47% | 140 bp | 38 |
| Apr 2026 | 3 | $257.7M | 95.82 | 5.37% | 150 bp | 44 |
| Mar 2026 | 3 | $231.5M | 95.30 | 5.50% | 172 bp | 76 |
| Feb 2026 | 3 | $142.6M | 96.93 | 4.99% | 140 bp | 38 |
| Jan 2026 | 3 | $254.8M | 96.59 | 5.08% | 138 bp | 46 |
| Dec 2025 | 3 | $238.5M | 96.78 | 5.00% | 141 bp | 76 |
| Nov 2025 | 3 | $146.4M | 97.03 | 4.92% | 130 bp | 38 |
| Oct 2025 | 3 | $253.8M | 96.67 | 5.00% | 140 bp | 47 |
| Sep 2025 | 3 | $246.5M | 96.10 | 5.14% | 152 bp | 68 |
| Aug 2025 | 3 | $146.6M | 95.92 | 5.17% | 142 bp | 38 |
| Jul 2025 | 3 | $246.6M | 95.13 | 5.36% | 144 bp | 46 |
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. 40 added, 38 cut, 8 new holders and 9 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| American High Income Trust | 2026-06-30 | $70.7M | $67.4M | -$15K |
| Income Fund of America | 2026-07-31 | $50.4M | $47.9M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $41.9M | $40.0M | $1.8M |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $38.6M | $37.0M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $29.2M | $28.0M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $28.1M | $26.9M | $435K |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $19.4M | $18.6M | $0 |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $18.2M | $17.3M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $16.6M | $15.5M | -$2.1M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $15.6M | $14.9M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $13.4M | $12.9M | $25K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $13.0M | $12.7M | -$159K |
| Capital Group U.S. Multi-Sector Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $10.3M | $9.7M | $1.2M |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $9.9M | $9.7M | $300K |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $9.7M | $9.3M | $128K |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $9.8M | $9.3M | $0 |
| First Trust Limited Duration Investment Grade Corporate ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $9.0M | $8.8M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.6M | $8.2M | -$759K |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $8.4M | $8.0M | $0 |
| PIMCO High Yield Fund PIMCO FUNDS | 2026-06-30 | $7.0M | $6.9M | $3.0M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $7.1M | $6.7M | -$3.1M |
| PGIM Short Duration Multi-Sector Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $7.0M | $6.6M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.7M | $6.6M | -$307K |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $6.6M | $6.3M | $101K |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $6.5M | $6.2M | -$566K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund ($3.0M), Columbia Strategic Income Fund ($3.0M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($353K), Columbia Variable Portfolio - Intermediate Bond Fund ($230K), BlackRock Global Allocation Fund, Inc. ($100K), Columbia Variable Portfolio - Strategic Income Fund ($81K), State Street(R) My2030 High Yield Corporate Bond ETF ($40K), State Street(R) My2028 High Yield Corporate Bond ETF ($35K), NYLI MacKay High Income ETF ($8K).
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 | 3 | $41.9M | $40.0M | 0.14% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 3 | $28.1M | $26.9M | 0.17% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 2 | $13.4M | $12.9M | 0.17% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $13.0M | $12.7M | 0.11% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 2 | $10.3M | $9.7M | 0.19% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 2 | $9.0M | $8.8M | 0.58% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 3 | $8.6M | $8.2M | 0.11% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $6.7M | $6.6M | 0.14% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 3 | $6.5M | $6.2M | 0.18% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $5.6M | $5.5M | 0.25% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 1 | $5.7M | $5.4M | 0.33% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 1 | $5.6M | $5.3M | 0.06% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 3 | $4.6M | $4.4M | 0.18% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $3.5M | $3.3M | 0.01% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $3.3M | $3.1M | 0.12% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.16: safer than 39% of companies (33th percentile in Consumer Defensive). Market-implied, prices to 2026-10-16, balance sheet 2026-08-30.
| Equity value | $7.39B |
| Debt barrier (short-term + ½ long-term debt) | $2.14B |
| Equity volatility (1 year) | 45.0% |
| Asset value / asset volatility (solved) | $9.44B / 35.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 135 bp spread prices in about 2.3% 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 = 2.60 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LW'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 | 74 | $106.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 546 | $5.18B | 15 | $85.4M | 20 | $72.3M | 0 |
| 2026-03-31 | 547 | $4.08B | 21 | $198.7M | 23 | $102.1M | 0 |
| 2025-12-31 | 613 | $4.68B | 22 | $199.9M | 24 | $181.9M | 1 |
| 2025-09-30 | 616 | $6.66B | 23 | $316.8M | 24 | $168.1M | 2 |
| 2025-06-30 | 611 | $6.32B | 23 | $257.4M | 32 | $225.3M | 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.