NIKE, Inc. bonds NKE
Who owns NIKE, 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. NKE 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 |
|---|---|---|---|---|---|---|---|---|---|
| 654106AF0 | 2.38% fixed | 2026-11-01 | USD | 99.54 | 4.21% | 48 bp | 3 | $13.7M | Jul 2026 |
| 654106AJ2 | 2.75% fixed | 2027-03-27 | USD | 99.00 | 4.30% | 40 bp | 3 | $8.3M | Jul 2026 |
| 654106AK9 | 2.85% fixed | 2030-03-27 | USD | 93.80 | 4.71% | 43 bp | 16 | $25.7M | Jul 2026 |
| 654106AL7 | 3.25% fixed | 2040-03-27 | USD | 77.34 | 5.65% | 87 bp | 11 | $23.2M | Jul 2026 |
| 654106AD5 | 3.63% fixed | 2043-05-01 | USD | 75.79 | 5.93% | 98 bp | 4 | $1.1M | Jul 2026 |
| 654106AE3 | 3.88% fixed | 2045-11-01 | USD | 76.02 | 6.00% | 92 bp | 4 | $2.2M | Jul 2026 |
| 654106AG8 | 3.38% fixed | 2046-11-01 | USD | 69.29 | 6.03% | 92 bp | 4 | $1.0M | Jul 2026 |
| 654106AM5 | 3.375% fixed | 2050-03-27 | USD | 66.96 | 6.01% | 90 bp | 5 | $2.7M | 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 | 8 | $77.9M | 76.68 | 5.96% | 91 bp | 16 |
| Jun 2026 | 8 | $170.7M | 79.18 | 5.63% | 72 bp | 21 |
| May 2026 | 8 | $178.8M | 79.49 | 5.62% | 64 bp | 26 |
| Apr 2026 | 8 | $71.6M | 78.58 | 5.71% | 87 bp | 15 |
| Mar 2026 | 8 | $169.8M | 78.50 | 5.69% | 93 bp | 22 |
| Feb 2026 | 8 | $194.6M | 82.24 | 5.32% | 66 bp | 25 |
| Jan 2026 | 8 | $73.2M | 80.51 | 5.45% | 70 bp | 17 |
| Dec 2025 | 8 | $196.0M | 80.84 | 5.39% | 73 bp | 21 |
| Nov 2025 | 8 | $204.2M | 81.72 | 5.33% | 71 bp | 24 |
| Oct 2025 | 8 | $88.1M | 81.51 | 5.21% | 76 bp | 16 |
| Sep 2025 | 8 | $221.1M | 81.25 | 5.22% | 67 bp | 23 |
| Aug 2025 | 8 | $237.6M | 79.46 | 5.39% | 75 bp | 24 |
| Jul 2025 | 8 | $88.8M | 79.09 | 5.43% | 68 bp | 17 |
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. 30 added, 27 cut, 5 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 | $75.5M | $62.4M | $1.8M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $67.0M | $53.9M | -$1.8M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $37.7M | $30.8M | $12.5M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $27.8M | $26.3M | -$17.5M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $30.4M | $24.4M | -$6.4M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $22.8M | $18.2M | $0 |
| Invesco BulletShares 2026 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $16.5M | $16.4M | $4.6M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $13.7M | $12.9M | $0 |
| iShares iBonds Dec 2026 Term Corporate ETF iShares Trust | 2026-07-31 | $12.8M | $12.8M | $2.7M |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $17.0M | $12.5M | $1.4M |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $10.2M | $10.1M | $155K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.8M | $9.3M | -$2.7M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.4M | $9.2M | -$1.8M |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $8.8M | $8.2M | $897K |
| iShares iBonds Dec 2027 Term Corporate ETF iShares Trust | 2026-07-31 | $7.0M | $7.0M | $82K |
| Fidelity Investment Grade Bond Central Fund Fidelity Central Investment Portfolios II LLC | 2026-06-30 | $6.6M | $6.6M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $8.3M | $6.4M | $1.5M |
| DFA Global Sustainability Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $8.2M | $6.4M | $0 |
| DFA Social Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $6.5M | $6.1M | $0 |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $6.4M | $5.2M | $0 |
| Bond Fund of America | 2026-06-30 | $5.5M | $4.4M | $0 |
| Dimensional Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $5.3M | $4.1M | $0 |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $5.0M | $4.1M | $0 |
| DFA Global Core Plus Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $5.3M | $4.1M | $0 |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $5.0M | $3.9M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): JPMorgan BetaBuilders U.S. Aggregate Bond ETF ($170K), BlackRock Total Return V.I. Fund ($108K), BlackRock Bond Income Portfolio ($100K), Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF ($9K).
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 | 6 | $75.5M | $62.4M | 0.02% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $37.7M | $30.8M | 0.10% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $27.8M | $26.3M | 0.05% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 6 | $30.4M | $24.4M | 0.02% |
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 2026-05-31 | 1 | $16.5M | $16.4M | 0.43% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 1 | $13.7M | $12.9M | 0.02% |
| IBDR iShares iBonds Dec 2026 Term Corporate ETF | 2026-07-31 | 1 | $12.8M | $12.8M | 0.38% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $17.0M | $12.5M | 0.14% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $10.2M | $10.1M | 0.22% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $9.8M | $9.3M | 0.04% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $11.4M | $9.2M | 0.05% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $8.8M | $8.2M | 0.25% |
| IBDS iShares iBonds Dec 2027 Term Corporate ETF | 2026-07-31 | 1 | $7.0M | $7.0M | 0.18% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 6 | $8.3M | $6.4M | 0.01% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 1 | $5.3M | $4.1M | 0.04% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.24: safer than 68% of companies (66th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-08-31.
| Equity value | $55.33B |
| Debt barrier (short-term + ½ long-term debt) | $5.42B |
| Equity volatility (1 year) | 36.3% |
| Asset value / asset volatility (solved) | $60.52B / 33.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 91 bp spread prices in about 1.5% 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 = 3.40 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in NKE'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 | 251 | $656.2M | 1 | $524K | 6 | $7.1M | 0 |
| 2026-06-30 | 1,724 | $38.91B | 65 | $3.55B | 84 | $2.90B | 1 |
| 2026-03-31 | 1,905 | $41.81B | 61 | $3.40B | 74 | $2.51B | 1 |
| 2025-12-31 | 2,054 | $59.58B | 61 | $4.28B | 81 | $3.50B | 1 |
| 2025-09-30 | 2,048 | $65.42B | 69 | $4.54B | 87 | $4.64B | 1 |
| 2025-06-30 | 2,051 | $69.30B | 65 | $7.53B | 73 | $5.06B | 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.