Pershing Square Holdings, Ltd. bonds PSH.L
Who owns Pershing Square Holdings, Ltd.'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. PSH.L 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 |
|---|---|---|---|---|---|---|---|---|---|
| XS2392996109 | 1.375% fixed | 2027-10-01 | EUR | 97.60 | 3.50% | — | 1 | $1.7M | Jul 2026 |
| 71531QAD3 | 3.25% fixed | 2030-11-15 | USD | 91.34 | 5.54% | 124 bp | 2 | $15.1M | Jul 2026 |
| G7016VAD3 | 3.25% fixed | 2030-11-15 | USD | 91.96 | 5.33% | 114 bp | 5 | $49.8M | Jun 2026 |
| BR6668783 | 3.25% fixed | 2031-10-01 | USD | 88.89 | 5.76% | 142 bp | 2 | $2.0M | Jul 2026 |
| 71531QAG6 | 5.5% fixed | 2032-10-28 | USD | 97.88 | 5.91% | 150 bp | 7 | $25.6M | Jul 2026 |
| 71531QAB7 | 4.95% fixed | 2039-07-15 | USD | 90.98 | 5.95% | 130 bp | 1 | $118K | May 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 | 4 | $44.4M | 94.47 | 5.76% | 142 bp | 7 |
| Jun 2026 | 3 | $220.7M | 91.96 | 5.61% | 138 bp | 7 |
| May 2026 | 3 | $9.7M | 90.98 | 5.62% | 135 bp | 2 |
| Apr 2026 | 4 | $49.9M | 94.56 | 5.40% | 142 bp | 7 |
| Mar 2026 | 3 | $221.3M | 91.88 | 5.43% | 153 bp | 7 |
| Feb 2026 | 3 | $16.0M | 92.49 | 5.26% | 141 bp | 2 |
| Jan 2026 | 4 | $50.2M | 95.08 | 5.28% | 143 bp | 7 |
| Dec 2025 | 3 | $221.3M | 92.62 | 5.32% | 154 bp | 7 |
| Nov 2025 | 3 | $15.9M | 90.02 | 5.34% | 151 bp | 2 |
| Oct 2025 | 4 | $27.0M | 94.73 | 5.21% | 148 bp | 4 |
| Sep 2025 | 3 | $224.2M | 92.05 | 5.03% | 136 bp | 5 |
| Aug 2025 | 2 | $1.1M | 88.58 | 5.82% | 162 bp | 1 |
| Jul 2025 | 3 | $5.5M | 90.44 | 5.42% | 140 bp | 2 |
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. 0 added, 3 cut, 0 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $154.3M | $140.1M | $0 |
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $43.0M | $38.9M | $0 |
| Guggenheim Limited Duration Fund Guggenheim Funds Trust | 2026-06-30 | $25.6M | $22.9M | $0 |
| Janus Henderson Short Duration Income ETF Janus Detroit Street Trust | 2026-07-31 | $15.5M | $14.2M | $0 |
| First Eagle Global Balanced Fund First Eagle Funds | 2026-07-31 | $10.4M | $10.2M | $0 |
| Guggenheim Core Bond Fund Guggenheim Funds Trust | 2026-06-30 | $10.1M | $9.3M | $0 |
| Victory Core Plus Intermediate Bond Fund Victory Portfolios III | 2026-07-31 | $8.1M | $7.9M | $0 |
| Invesco Corporate Bond Fund AIM Investment Securities Funds (Invesco Investment Securities Funds) | 2026-05-31 | $6.2M | $6.1M | $0 |
| DWS Short Duration Fund DEUTSCHE DWS INCOME TRUST | 2026-06-30 | $3.0M | $3.0M | $0 |
| VictoryShares Core Plus Bond ETF Victory Portfolios II | 2026-06-30 | $3.0M | $3.0M | $0 |
| Invesco Core Bond Fund AIM Investment Funds (Invesco Investment Funds) | 2026-07-31 | $2.9M | $2.9M | -$2.0M |
| Invesco Core Plus Bond Fund AIM Counselor Series Trust (Invesco Counselor Series Trust) | 2026-05-31 | $2.5M | $2.5M | -$6.0M |
| Invesco Total Return Bond ETF Invesco Actively Managed Exchange-Traded Fund Trust | 2026-07-31 | $2.4M | $2.3M | -$3.0M |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $2.0M | $1.8M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $1.5M | $1.7M | $0 |
| Victory Short-Term Bond Fund Victory Portfolios III | 2026-07-31 | $1.3M | $1.3M | $0 |
| VictoryShares Short-Term Bond ETF Victory Portfolios II | 2026-06-30 | $1.2M | $1.2M | $0 |
| VictoryShares Core Intermediate Bond ETF Victory Portfolios II | 2026-06-30 | $1.2M | $1.2M | $0 |
| Victory Income Fund Victory Portfolios III | 2026-07-31 | $1.2M | $1.2M | $0 |
| Invesco Core Fixed Income ETF Invesco Actively Managed Exchange-Traded Fund Trust | 2026-07-31 | $1.1M | $1.1M | $0 |
| Guggenheim Strategic Opportunities Fund | 2026-05-29 | $1.1M | $983K | $0 |
| Series E (Total Return Bond Series) Guggenheim Variable Funds Trust | 2026-06-30 | $1.0M | $894K | $0 |
| MEDIUM-DURATION BOND FUND GuideStone Funds | 2026-06-30 | $250K | $230K | $0 |
| Guggenheim Active INvestment Series (GAINS)-Core Plus Fund Guggenheim Funds Trust | 2026-06-30 | $250K | $230K | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $130K | $118K | $0 |
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 |
|---|---|---|---|---|---|
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 1 | $15.5M | $14.2M | 0.42% |
| UBND VictoryShares Core Plus Bond ETF | 2026-06-30 | 1 | $3.0M | $3.0M | 0.15% |
| GTO Invesco Total Return Bond ETF | 2026-07-31 | 2 | $2.4M | $2.3M | 0.09% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $2.0M | $1.8M | 0.00% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 1 | $1.5M | $1.7M | 0.00% |
| UITB VictoryShares Core Intermediate Bond ETF | 2026-06-30 | 1 | $1.2M | $1.2M | 0.04% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 1 | $1.2M | $1.2M | 0.05% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $130K | $118K | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 142 bp spread prices in about 2.4% 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
Not available.
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.