Owens Corning bonds OC
Who owns Owens Corning'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. OC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 690742AF8 | 3.4% fixed | 2026-08-15 | USD | 99.95 | 4.68% | 95 bp | 7 | $41.3M | Jul 2026 |
| 690742AN1 | 5.5% fixed | 2027-06-15 | USD | 100.80 | 4.55% | 55 bp | 13 | $58.2M | Jul 2026 |
| 690742AJ0 | 3.95% fixed | 2029-08-15 | USD | 97.50 | 4.84% | 58 bp | 11 | $7.1M | Jul 2026 |
| 690742AL5 | 3.5% fixed | 2030-02-15 | USD | 95.86 | 4.76% | 59 bp | 1 | $29K | Jun 2026 |
| 690742AM3 | 3.5% fixed | 2030-02-15 | USD | 95.26 | 4.98% | 70 bp | 8 | $18.8M | Jul 2026 |
| 690742AK7 | 3.875% fixed | 2030-06-01 | USD | 95.98 | 5.04% | 75 bp | 10 | $17.4M | Jul 2026 |
| 690742AP6 | 5.7% fixed | 2034-06-15 | USD | 101.42 | 5.48% | 97 bp | 13 | $59.8M | Jul 2026 |
| 690742AB7 | 7% fixed | 2036-12-01 | USD | 110.11 | 5.69% | 107 bp | 7 | $2.3M | Jul 2026 |
| 690742AG6 | 4.3% fixed | 2047-07-15 | USD | 77.69 | 6.22% | 111 bp | 8 | $1.4M | Jul 2026 |
| 690742AH4 | 4.4% fixed | 2048-01-30 | USD | 78.51 | 6.23% | 112 bp | 3 | $1.0M | Jul 2026 |
| 690742AQ4 | 5.95% fixed | 2054-06-15 | USD | 95.92 | 6.26% | 116 bp | 8 | $2.4M | 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 | 10 | $209.7M | 96.74 | 5.58% | 102 bp | 13 |
| Jun 2026 | 11 | $295.1M | 97.92 | 5.18% | 81 bp | 36 |
| May 2026 | 10 | $207.3M | 99.03 | 5.15% | 78 bp | 22 |
| Apr 2026 | 10 | $213.7M | 98.63 | 5.13% | 94 bp | 18 |
| Mar 2026 | 11 | $367.3M | 98.25 | 4.95% | 99 bp | 46 |
| Feb 2026 | 10 | $193.7M | 99.64 | 4.81% | 81 bp | 22 |
| Jan 2026 | 10 | $204.4M | 99.47 | 4.95% | 86 bp | 19 |
| Dec 2025 | 11 | $378.9M | 99.12 | 4.65% | 82 bp | 42 |
| Nov 2025 | 10 | $197.4M | 99.33 | 4.89% | 92 bp | 22 |
| Oct 2025 | 10 | $209.2M | 99.11 | 4.96% | 100 bp | 19 |
| Sep 2025 | 11 | $382.1M | 98.76 | 4.68% | 85 bp | 43 |
| Aug 2025 | 10 | $173.1M | 99.02 | 5.04% | 89 bp | 22 |
| Jul 2025 | 10 | $169.4M | 98.28 | 4.93% | 81 bp | 19 |
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, 47 cut, 8 new holders and 28 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $52.9M | $53.7M | $7.6M |
| Putnam Ultra Short Duration Income Fund Putnam Funds Trust | 2026-07-31 | $50.9M | $51.0M | $4.2M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $48.0M | $49.7M | $12.3M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $51.4M | $49.2M | -$1.3M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $41.8M | $40.0M | -$2.5M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $37.4M | $37.3M | $3.1M |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $26.9M | $27.8M | -$35.1M |
| AST Multi-Sector Fixed Income Portfolio Advanced Series Trust | 2026-06-30 | $21.1M | $23.4M | -$7.2M |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $21.6M | $22.3M | -$8.9M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $22.0M | $20.8M | -$995K |
| Invesco Ultra Short Duration ETF Invesco Actively Managed Exchange-Traded Fund Trust | 2026-07-31 | $20.0M | $20.2M | new |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $18.2M | $19.8M | $0 |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $15.0M | $15.1M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $12.7M | $12.6M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $10.9M | $10.3M | -$17.6M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $9.1M | $9.4M | $660K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.1M | $8.8M | $305K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.7M | $8.5M | -$1.1M |
| PGIM Ultra Short Bond ETF PGIM ETF Trust | 2026-05-29 | $8.0M | $8.1M | $0 |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $8.2M | $7.9M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $7.7M | $7.7M | $0 |
| T. Rowe Price Short-Term Bond Fund, Inc. T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $7.3M | $7.3M | $0 |
| Franklin U.S. Core Bond ETF Franklin Templeton ETF Trust | 2026-06-30 | $7.0M | $7.2M | $0 |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $6.7M | $6.7M | $0 |
| Franklin Total Return Fund Franklin Investors Securities Trust | 2026-07-31 | $6.5M | $6.2M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Franklin Core Plus Bond Fund ($7.3M), State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF ($4.0M), Transamerica Bond ($3.8M), Transamerica Aegon Bond VP ($3.0M), Transamerica Core Bond ($2.7M), DoubleLine Core Fixed Income Fund ($2.2M), Transamerica Aegon Core Bond VP ($2.1M), State Street(R) DoubleLine(R) Total Return Tactical ETF ($1.1M), Transamerica Multi-Managed Balanced ($1.1M), JNL/DoubleLine Core Fixed Income Fund ($817K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $48.0M | $49.7M | 0.07% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 7 | $51.4M | $49.2M | 0.01% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $37.4M | $37.3M | 0.07% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 9 | $22.0M | $20.8M | 0.02% |
| GSY Invesco Ultra Short Duration ETF | 2026-07-31 | 1 | $20.0M | $20.2M | 0.51% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $9.1M | $9.4M | 0.02% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 9 | $9.1M | $8.8M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $8.7M | $8.5M | 0.04% |
| PULS PGIM Ultra Short Bond ETF | 2026-05-29 | 1 | $8.0M | $8.1M | 0.05% |
| FLCB Franklin U.S. Core Bond ETF | 2026-06-30 | 1 | $7.0M | $7.2M | 0.24% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $6.0M | $6.0M | 0.07% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $5.7M | $6.0M | 0.03% |
| IBDR iShares iBonds Dec 2026 Term Corporate ETF | 2026-07-31 | 1 | $5.6M | $5.6M | 0.16% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $5.2M | $5.4M | 0.02% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $5.1M | $5.1M | 0.11% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.28: safer than 41% of companies (46th percentile in Basic Materials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $8.74B |
| Debt barrier (short-term + ½ long-term debt) | $3.10B |
| Equity volatility (1 year) | 41.5% |
| Asset value / asset volatility (solved) | $11.70B / 31.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 102 bp spread prices in about 1.7% 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 = 1.91 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in OC'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 | 73 | $91.4M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 677 | $12.48B | 11 | $44.8M | 15 | $47.3M | 0 |
| 2026-03-31 | 620 | $7.27B | 13 | $60.8M | 13 | $56.7M | 0 |
| 2025-12-31 | 640 | $8.30B | 13 | $73.3M | 11 | $65.3M | 0 |
| 2025-09-30 | 711 | $10.34B | 10 | $30.1M | 14 | $34.5M | 1 |
| 2025-06-30 | 694 | $10.21B | 14 | $41.5M | 17 | $40.4M | 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.