Molina Healthcare, Inc. bonds MOH
Who owns Molina Healthcare, 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. MOH 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 |
|---|---|---|---|---|---|---|---|---|---|
| U60868AC7 | 4.375% fixed | 2028-06-15 | USD | 97.87 | 5.58% | 138 bp | 1 | $181K | Jul 2026 |
| 60855RAJ9 | 4.375% fixed | 2028-06-15 | USD | 97.91 | 5.56% | 136 bp | 28 | $86.5M | Jul 2026 |
| 60855RAK6 | 3.875% fixed | 2030-11-15 | USD | 92.47 | 5.88% | 158 bp | 36 | $68.6M | Jul 2026 |
| 60855RAN0 | 6.5% fixed | 2031-02-15 | USD | 100.97 | 6.25% | 194 bp | 52 | $142.5M | Jul 2026 |
| 60855RAL4 | 3.875% fixed | 2032-05-15 | USD | 89.47 | 6.06% | 168 bp | 29 | $146.7M | Jul 2026 |
| 60855RAM2 | 6.25% fixed | 2033-01-15 | USD | 98.93 | 6.46% | 203 bp | 55 | $132.2M | 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 | 6 | $576.6M | 97.89 | 5.97% | 163 bp | 55 |
| Jun 2026 | 6 | $871.1M | 98.28 | 5.72% | 149 bp | 89 |
| May 2026 | 5 | $224.8M | 98.56 | 5.94% | 171 bp | 45 |
| Apr 2026 | 6 | $596.2M | 98.61 | 5.81% | 184 bp | 58 |
| Mar 2026 | 6 | $798.0M | 96.72 | 6.53% | 263 bp | 90 |
| Feb 2026 | 5 | $252.2M | 98.28 | 6.16% | 242 bp | 48 |
| Jan 2026 | 6 | $589.9M | 98.24 | 5.77% | 193 bp | 67 |
| Dec 2025 | 6 | $718.4M | 98.36 | 5.57% | 181 bp | 88 |
| Nov 2025 | 5 | $300.1M | 97.37 | 5.72% | 197 bp | 47 |
| Oct 2025 | 5 | $463.1M | 97.40 | 5.65% | 192 bp | 66 |
| Sep 2025 | 5 | $504.9M | 97.52 | 5.55% | 181 bp | 84 |
| Aug 2025 | 4 | $193.9M | 94.66 | 5.75% | 186 bp | 49 |
| Jul 2025 | 5 | $440.2M | 95.71 | 6.03% | 217 bp | 63 |
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. 96 added, 64 cut, 21 new holders and 43 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| American High Income Trust | 2026-06-30 | $273.8M | $260.3M | $32.3M |
| Income Fund of America | 2026-07-31 | $202.0M | $190.6M | $2.1M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $87.9M | $85.7M | $10.0M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $69.6M | $66.9M | $1.5M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $55.7M | $53.8M | $3.8M |
| American Funds Strategic Bond Fund | 2026-06-30 | $43.3M | $42.3M | $12.5M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $41.9M | $41.5M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $32.3M | $31.7M | $10.3M |
| Capital Income Builder | 2026-07-31 | $31.3M | $30.2M | $205K |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $31.1M | $30.1M | $12.7M |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $30.1M | $27.9M | $0 |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $26.7M | $27.0M | -$2.9M |
| Bond Fund of America | 2026-06-30 | $27.8M | $26.0M | $0 |
| Capital Group U.S. Multi-Sector Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $26.4M | $25.4M | $10.4M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $25.4M | $23.7M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $20.1M | $19.6M | $375K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $18.9M | $19.2M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $18.5M | $18.3M | $1.7M |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $19.5M | $18.3M | -$12.7M |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $17.2M | $17.1M | -$4.1M |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $17.1M | $16.8M | $4.4M |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $16.6M | $15.6M | $0 |
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $14.9M | $14.9M | -$19.8M |
| Loomis Sayles Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $14.9M | $14.4M | $0 |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $14.1M | $14.0M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett Short Duration Income Fund ($29.0M), High Yield Bond Series ($12.1M), Lord Abbett Income Fund ($12.0M), TCW METWEST TOTAL RETURN BOND FUND ($8.5M), Federated Hermes Institutional High Yield Bond Fund ($6.1M), Goldman Sachs High Yield Fund ($4.8M), NVIT Loomis Short Term Bond Fund ($2.0M), Eaton Vance Ltd Duration Income Fund ($1.7M), TCW METWEST UNCONSTRAINED BOND FUND ($1.7M), THRIVENT CORE HIGH YIELD BOND FUND ($1.6M).
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 | 5 | $69.6M | $66.9M | 0.23% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 5 | $55.7M | $53.8M | 0.33% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 5 | $32.3M | $31.7M | 0.28% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 3 | $26.4M | $25.4M | 0.49% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 3 | $20.1M | $19.6M | 0.26% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 3 | $18.5M | $18.3M | 0.25% |
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 2 | $14.4M | $13.0M | 0.39% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 2 | $11.7M | $11.5M | 0.71% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 5 | $11.4M | $11.0M | 0.32% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 2 | $10.7M | $10.7M | 0.13% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 3 | $10.5M | $10.2M | 0.21% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 1 | $9.0M | $8.8M | 0.58% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 5 | $7.3M | $7.1M | 0.30% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 5 | $7.1M | $6.8M | 0.27% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 2 | $6.0M | $6.0M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.87: safer than 36% of companies (34th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $11.04B |
| Debt barrier (short-term + ½ long-term debt) | $1.88B |
| Equity volatility (1 year) | 55.6% |
| Asset value / asset volatility (solved) | $12.84B / 47.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 163 bp spread prices in about 2.7% 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'' = 3.35 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MOH'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 | 62 | $75.4M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 589 | $12.25B | 21 | $296.3M | 17 | $195.1M | 0 |
| 2026-03-31 | 505 | $6.29B | 18 | $193.5M | 16 | $95.8M | 0 |
| 2025-12-31 | 539 | $8.25B | 18 | $218.9M | 18 | $138.8M | 2 |
| 2025-09-30 | 614 | $9.85B | 16 | $125.9M | 17 | $162.1M | 2 |
| 2025-06-30 | 613 | $14.65B | 11 | $32.0M | 11 | $29.3M | 2 |
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.