Meta Platforms, Inc. bonds META
Who owns Meta Platforms, 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. META 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 |
|---|---|---|---|---|---|---|---|---|---|
| 30303M8G0 | 3.5% fixed | 2027-08-15 | USD | 99.18 | 4.31% | 26 bp | 13 | $35.0M | Jul 2026 |
| 30303M8L9 | 4.6% fixed | 2028-05-15 | USD | 100.18 | 4.49% | 30 bp | 13 | $40.6M | Jul 2026 |
| 30303M8S4 | 4.3% fixed | 2029-08-15 | USD | 99.04 | 4.64% | 38 bp | 11 | $44.4M | Jul 2026 |
| 30303M8M7 | 4.8% fixed | 2030-05-15 | USD | 99.82 | 4.85% | 56 bp | 11 | $15.1M | Jul 2026 |
| 30303MAB8 | 4.2% fixed | 2030-11-15 | USD | 96.92 | 5.01% | 70 bp | 25 | $286.8M | Jul 2026 |
| 30303MAF9 | 4.55% fixed | 2031-05-15 | USD | 97.57 | 5.13% | 80 bp | 26 | $196.1M | Jul 2026 |
| 30303M8T2 | 4.55% fixed | 2031-08-15 | USD | 97.50 | 5.12% | 79 bp | 10 | $8.7M | Jul 2026 |
| 30303M8H8 | 3.85% fixed | 2032-08-15 | USD | 92.65 | 5.29% | 89 bp | 13 | $38.8M | Jul 2026 |
| 30303MAC6 | 4.6% fixed | 2032-11-15 | USD | 96.27 | 5.30% | 89 bp | 38 | $171.3M | Jul 2026 |
| 30303MAG7 | 4.875% fixed | 2033-05-15 | USD | 97.01 | 5.40% | 96 bp | 17 | $127.1M | Jul 2026 |
| 30303M8N5 | 4.95% fixed | 2033-05-15 | USD | 97.71 | 5.36% | 91 bp | 9 | $15.5M | Jul 2026 |
| 30303M8U9 | 4.75% fixed | 2034-08-15 | USD | 95.15 | 5.50% | 100 bp | 18 | $19.9M | Jul 2026 |
| 30303MAD4 | 4.875% fixed | 2035-11-15 | USD | 93.81 | 5.74% | 118 bp | 36 | $230.9M | Jul 2026 |
| 30303MAH5 | 5.25% fixed | 2036-05-15 | USD | 95.89 | 5.81% | 122 bp | 63 | $209.0M | Jul 2026 |
| 30303M8X3 | 5.5% fixed | 2045-11-15 | USD | 86.57 | 6.75% | 168 bp | 41 | $126.2M | Jul 2026 |
| 30303MAJ1 | 6.2% fixed | 2046-05-15 | USD | 93.95 | 6.76% | 166 bp | 35 | $120.6M | Jul 2026 |
| 30303M8J4 | 4.45% fixed | 2052-08-15 | USD | 71.20 | 6.83% | 173 bp | 16 | $41.8M | Jul 2026 |
| 30303M8Q8 | 5.6% fixed | 2053-05-15 | USD | 83.63 | 6.95% | 185 bp | 15 | $34.0M | Jul 2026 |
| 30303M8V7 | 5.4% fixed | 2054-08-15 | USD | 81.33 | 6.92% | 181 bp | 29 | $44.2M | Jul 2026 |
| 30303MAE2 | 5.625% fixed | 2055-11-15 | USD | 83.71 | 6.93% | 183 bp | 57 | $114.6M | Jul 2026 |
| 30303MAK8 | 6.3% fixed | 2056-05-15 | USD | 91.77 | 6.96% | 186 bp | 79 | $157.7M | Jul 2026 |
| 30303M8K1 | 4.65% fixed | 2062-08-15 | USD | 69.54 | 6.97% | 187 bp | 10 | $3.3M | Jul 2026 |
| 30303M8R6 | 5.75% fixed | 2063-05-15 | USD | 82.81 | 7.07% | 197 bp | 19 | $12.5M | Jul 2026 |
| 30303M8W5 | 5.55% fixed | 2064-08-15 | USD | 79.87 | 7.08% | 198 bp | 24 | $31.4M | Jul 2026 |
| 30303M8Y1 | 5.75% fixed | 2065-11-15 | USD | 82.51 | 7.07% | 197 bp | 34 | $143.4M | Jul 2026 |
| 30303MAL6 | 6.45% fixed | 2066-05-15 | USD | 91.56 | 7.09% | 199 bp | 30 | $188.1M | 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 | 26 | $2.46B | 93.88 | 5.41% | 96 bp | 79 |
| Jun 2026 | 26 | $8.08B | 98.39 | 5.03% | 65 bp | 179 |
| May 2026 | 26 | $5.00B | 98.72 | 4.92% | 61 bp | 81 |
| Apr 2026 | 22 | $1.61B | 97.90 | 4.82% | 74 bp | 59 |
| Mar 2026 | 20 | $5.45B | 96.76 | 4.80% | 77 bp | 157 |
| Feb 2026 | 20 | $3.81B | 99.35 | 4.35% | 47 bp | 84 |
| Jan 2026 | 20 | $1.72B | 97.78 | 4.60% | 62 bp | 66 |
| Dec 2025 | 20 | $4.94B | 98.49 | 4.46% | 55 bp | 166 |
| Nov 2025 | 20 | $3.78B | 99.94 | 4.37% | 49 bp | 77 |
| Oct 2025 | 20 | $1.68B | 99.59 | 4.52% | 66 bp | 66 |
| Sep 2025 | 14 | $1.58B | 101.26 | 4.31% | 46 bp | 95 |
| Aug 2025 | 14 | $1.56B | 99.53 | 4.42% | 42 bp | 42 |
| Jul 2025 | 14 | $515.3M | 99.35 | 4.59% | 43 bp | 39 |
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. 458 added, 65 cut, 139 new holders and 22 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $1.10B | $1.05B | $463.2M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $1.05B | $993.6M | $384.1M |
| Dodge & Cox Income Fund Dodge & Cox Funds | 2026-06-30 | $938.3M | $901.7M | $403.5M |
| American Balanced Fund | 2026-06-30 | $750.8M | $712.3M | $126.8M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $716.8M | $703.9M | $122.3M |
| Bond Fund of America | 2026-06-30 | $575.3M | $542.8M | $47.1M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $558.2M | $532.9M | $158.1M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $385.2M | $368.7M | $170.5M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $300.7M | $292.1M | $107.2M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $286.9M | $272.8M | $58.6M |
| VANGUARD LONG-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $284.1M | $243.0M | $82.3M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $244.4M | $239.4M | $72.8M |
| Income Fund of America | 2026-07-31 | $259.2M | $232.1M | $32.1M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $235.4M | $220.4M | -$41.5M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $198.1M | $197.1M | $14.4M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $204.1M | $195.6M | $60.4M |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $172.5M | $164.4M | $29.9M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $180.4M | $164.3M | $38.4M |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $172.0M | $163.3M | $55.9M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $160.4M | $157.7M | $33.2M |
| TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $161.9M | $153.8M | $32.9M |
| American Funds Strategic Bond Fund | 2026-06-30 | $157.0M | $146.3M | $55.8M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $160.6M | $145.6M | $138.6M |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $142.1M | $139.4M | $52.3M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $142.4M | $133.1M | $3.3M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett Income Fund ($12.3M), T. Rowe Price Short-Term Bond Fund, Inc. ($9.5M), AB HIGH INCOME FUND INC ($9.2M), AB Income Fund ($8.4M), ALPS | Smith Total Return Bond Fund ($4.1M), ALPS | Smith Short Duration Bond Fund ($2.8M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($1.9M), Strategic Advisers Short Duration Fund ($1.4M), Short Duration Bond Portfolio ($1.4M), JNL/T. Rowe Price Short-Term Bond Fund ($1.1M).
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 | 26 | $1.05B | $993.6M | 0.25% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 8 | $716.8M | $703.9M | 1.02% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 24 | $558.2M | $532.9M | 1.79% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 26 | $286.9M | $272.8M | 0.20% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 8 | $244.4M | $239.4M | 0.46% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 6 | $198.1M | $197.1M | 0.39% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $160.4M | $157.7M | 0.87% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 8 | $142.1M | $139.4M | 1.20% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 11 | $135.9M | $124.1M | 1.35% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 26 | $130.8M | $124.1M | 0.71% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 12 | $86.1M | $85.0M | 0.73% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 26 | $84.7M | $76.3M | 0.18% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $75.8M | $75.5M | 0.34% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 5 | $72.5M | $72.0M | 0.10% |
| BLV VANGUARD LONG-TERM BOND INDEX FUND | 2026-06-30 | 12 | $66.9M | $61.6M | 0.71% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 9.11: safer than 78% of companies (74th percentile in Communication Services). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $1.80T |
| Debt barrier (short-term + ½ long-term debt) | $41.83B |
| Equity volatility (1 year) | 42.0% |
| Asset value / asset volatility (solved) | $1.84T / 41.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 96 bp spread prices in about 1.6% 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'' = 4.96 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in META'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 | 1,004 | $14.28B | 11 | $97.1M | 10 | $33.7M | 0 |
| 2026-06-30 | 5,032 | $918.56B | 137 | $38.97B | 158 | $66.71B | 2 |
| 2026-03-31 | 5,051 | $787.52B | 121 | $42.87B | 152 | $68.01B | 3 |
| 2025-12-31 | 5,102 | $1.06T | 119 | $51.72B | 139 | $65.49B | 1 |
| 2025-09-30 | 4,843 | $1.16T | 115 | $43.77B | 128 | $58.06B | 1 |
| 2025-06-30 | 4,773 | $1.19T | 106 | $73.89B | 122 | $65.34B | 0 |
Officials trading META bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2026-05-19 | President Donald J. Trump | sale | META PLATFORMS, 4.75% DUE 08/15/34 | $1,000,001 - $5,000,000 | filing |
| 2026-05-19 | President Donald J. Trump | purchase | META PLATFORMS, 5.25% DUE 05/15/36 | $1,000,001 - $5,000,000 | filing |
| 2026-03-26 | President Donald J. Trump | purchase | META PLATFORMS INC B/E 04.875% 111535 DTD110325 CALL@MW+158P YTM = 5.126 UNSOLICITED ACCRU | $100,001 - $250,000 | filing |
| 2025-10-31 | President Donald J. Trump | purchase | META PLATFORMS INC NTS 04.600% 111532 DTD110325 | $50,001 - $100,000 | filing |
| 2025-02-26 | President Donald J. Trump | purchase | META PLATFORMS, 4.75%34 DUE 08/15/34 | $250,001 - $500,000 | filing |
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.