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Bonds · Corporate issuer

Quanta Services, Inc. bonds PWR

Who owns Quanta Services, 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. PWR stock page.

Held by funds
$134.4M
8 bonds, fund marks Jul 2026
Fund holders
244
-1 vs prior quarter
USD spread over Treasuries
78 bp
+15 bp in a month · fund-reported
USD yield
5.11%
median yield to maturity · fund-reported
Distance-to-default
71th pct
safer than 71% of companies · market-implied, 2026-10-16

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.

BondCouponMaturityCcyPriceYieldSpreadFundsHeldAs of
74762EAK8 4.75% fixed 2027-08-09USD 100.184.57%52 bp 13$43.7M Jul 2026
74762EAM4 4.3% fixed 2028-08-09USD 99.304.67%45 bp 10$35.4M Jul 2026
74762EAF9 2.9% fixed 2030-10-01USD 92.125.02%72 bp 25$25.5M Jul 2026
74762EAN2 4.5% fixed 2031-01-15USD 97.715.08%77 bp 10$5.7M Jul 2026
74762EAH5 2.35% fixed 2032-01-15USD 86.835.15%79 bp 12$5.0M Jul 2026
74762EAL6 5.25% fixed 2034-08-09USD 98.825.43%93 bp 14$9.4M Jul 2026
74762EAP7 5.1% fixed 2035-08-09USD 97.135.51%95 bp 11$6.1M Jul 2026
74762EAJ1 3.05% fixed 2041-10-01USD 71.545.92%105 bp 12$3.5M Jul 2026

Spread history

Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.

61 bp130 bp198 bpAug 2023Jul 20262023-08-31: 132 bp2023-09-30: 176 bp2023-10-31: 198 bp2023-11-30: 120 bp2023-12-31: 100 bp2024-01-31: 118 bp2024-02-29: 129 bp2024-03-31: 110 bp2024-04-30: 122 bp2024-05-31: 96 bp2024-06-30: 110 bp2024-07-31: 85 bp2024-08-31: 114 bp2024-09-30: 106 bp2024-10-31: 105 bp2024-11-30: 66 bp2024-12-31: 99 bp2025-01-31: 84 bp2025-02-28: 70 bp2025-03-31: 102 bp2025-04-30: 110 bp2025-05-31: 100 bp2025-06-30: 73 bp2025-07-31: 76 bp2025-08-31: 78 bp2025-09-30: 81 bp2025-10-31: 78 bp2025-11-30: 74 bp2025-12-31: 80 bp2026-01-31: 71 bp2026-02-28: 61 bp2026-03-31: 94 bp2026-04-30: 78 bp2026-05-31: 62 bp2026-06-30: 63 bp2026-07-31: 78 bp

Price history

Median fund-marked price across the bonds, per 100 of face value.

75.488.1100.8Aug 2023Jul 20262023-08-31: 84.32023-09-30: 81.62023-10-31: 75.42023-11-30: 81.32023-12-31: 99.72024-01-31: 84.62024-02-29: 83.42024-03-31: 84.42024-04-30: 82.22024-05-31: 98.42024-06-30: 84.72024-07-31: 86.52024-08-31: 99.82024-09-30: 100.02024-10-31: 89.92024-11-30: 99.92024-12-31: 89.32025-01-31: 89.02025-02-28: 90.02025-03-31: 90.02025-04-30: 94.62025-05-31: 99.12025-06-30: 92.22025-07-31: 91.92025-08-31: 99.82025-09-30: 100.12025-10-31: 100.32025-11-30: 100.52025-12-31: 100.22026-01-31: 100.02026-02-28: 100.82026-03-31: 98.92026-04-30: 99.52026-05-31: 99.42026-06-30: 99.12026-07-31: 97.4

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-endBondsHeldMedian priceUSD yieldUSD spreadMost funds on one bond
Jul 2026 8$134.4M97.42 5.11%78 bp25
Jun 2026 8$549.8M99.07 4.84%63 bp44
May 2026 8$331.6M99.37 4.78%62 bp24
Apr 2026 8$127.9M99.47 4.75%78 bp26
Mar 2026 8$549.0M98.93 4.81%94 bp47
Feb 2026 9$375.2M100.81 4.33%61 bp24
Jan 2026 8$91.4M100.00 4.54%71 bp29
Dec 2025 8$594.6M100.19 4.55%80 bp46
Nov 2025 8$334.1M100.47 4.46%74 bp24
Oct 2025 8$100.8M100.28 4.49%78 bp28
Sep 2025 8$617.2M100.15 4.55%81 bp48
Aug 2025 9$368.1M99.84 4.66%78 bp23
Jul 2025 5$81.8M91.95 4.85%76 bp28

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. 52 added, 29 cut, 9 new holders and 10 exits in the latest quarter.

Fund seriesReportFace valueValueChange in face value
VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS 2026-06-30$109.2M$106.1M $2.2M
VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS 2026-06-30$87.2M$86.0M $0
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS 2026-05-31$69.1M$66.9M -$14.0M
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS 2026-05-31$44.8M$43.8M -$6.3M
JPMorgan Core Bond Fund JPMorgan Trust II 2026-05-31$46.6M$43.5M $0
First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV 2026-07-31$30.6M$30.6M $0
Baird Short-Term Bond Fund Baird Funds Inc 2026-06-30$30.4M$30.5M $0
Baird Core Plus Bond Fund Baird Funds Inc 2026-06-30$25.0M$24.5M $0
LORD ABBETT BOND DEBENTURE FUND INC 2026-06-30$21.2M$21.4M $0
VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS 2026-06-30$21.9M$21.1M -$2.9M
Invesco Ultra Short Duration ETF Invesco Actively Managed Exchange-Traded Fund Trust 2026-07-31$20.0M$19.9M new
VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS 2026-06-30$18.8M$18.5M $2.0M
Baird Aggregate Bond Fund Baird Funds Inc 2026-06-30$18.3M$17.8M $0
iShares Core U.S. Aggregate Bond ETF iShares Trust 2026-05-31$18.2M$16.9M -$600K
Transamerica Short-Term Bond TRANSAMERICA FUNDS 2026-07-31$14.9M$14.9M $0
Bridge Builder Core Bond Fund Bridge Builder Trust 2026-06-30$13.8M$13.4M $0
iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust 2026-05-31$13.6M$13.2M $280K
iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust 2026-05-31$13.8M$13.2M -$561K
iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust 2026-05-31$13.6M$12.9M $200K
JPMorgan Short Duration Bond Fund JPMorgan Trust II 2026-05-31$12.2M$12.2M $0
JPMorgan Core Plus Bond Fund JPMorgan Trust II 2026-05-31$12.2M$12.2M $0
iMGP Dolan McEniry Corporate Bond Fund LITMAN GREGORY FUNDS TRUST 2026-06-30$11.4M$10.9M new
Goldman Sachs Short Duration Bond Fund GOLDMAN SACHS TRUST 2026-06-30$10.7M$10.7M $0
PIMCO Total Return Portfolio PIMCO VARIABLE INSURANCE TRUST 2026-06-30$9.8M$9.8M $0
BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV 2026-06-30$10.8M$9.7M $0

Largest exits in the latest quarter (fund held the bonds in its previous report, none now): T. Rowe Price Ultra Short-Term Bond Fund ($19.0M), T. Rowe Price Ultra Short-Term Bond ETF ($8.0M), PGIM Corporate Bond 5-10 Year ETF ($1.8M), PIMCO Investment Grade Credit Bond Portfolio ($1.1M), Destinations Core Fixed Income Fund ($214K), F/m 10-Year Investment Grade Corporate Bond ETF ($125K), F/m 3-Year Investment Grade Corporate Bond ETF ($91K), Voya Multi-Sector Income ETF ($68K), Goldman Sachs Income Fund ($61K), AB Corporate Bond ETF ($27K).

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.

ETFReportBondsFace valueValue% of net assets
BND VANGUARD TOTAL BOND MARKET INDEX FUND 2026-06-307$109.2M $106.1M0.03%
VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND 2026-05-314$69.1M $66.9M0.10%
VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND 2026-05-313$44.8M $43.8M0.09%
FTSM First Trust Enhanced Short Maturity ETF 2026-07-312$30.6M $30.6M0.47%
BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND 2026-06-303$21.9M $21.1M0.04%
GSY Invesco Ultra Short Duration ETF 2026-07-311$20.0M $19.9M0.51%
BSV VANGUARD SHORT-TERM BOND INDEX FUND 2026-06-304$18.8M $18.5M0.03%
AGG iShares Core U.S. Aggregate Bond ETF 2026-05-318$18.2M $16.9M0.01%
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF 2026-05-314$13.6M $13.2M0.06%
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF 2026-05-313$13.8M $13.2M0.07%
USIG iShares Broad USD Investment Grade Corporate Bond ETF 2026-05-318$13.6M $12.9M0.07%
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 2026-05-311$9.8M $9.1M0.03%
SCHI Schwab 5-10 Year Corporate Bond ETF 2026-06-303$8.7M $8.5M0.07%
SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF 2026-06-302$7.5M $7.5M0.07%
FIIG First Trust Intermediate Duration Investment Grade Corporate ETF 2026-07-312$6.5M $6.4M0.99%

Default risk, three ways

Stock market: distance-to-default

Distance-to-default 7.78: safer than 71% of companies (72th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.

Equity value$92.75B
Debt barrier (short-term + ½ long-term debt)$3.39B
Equity volatility (1 year)43.9%
Asset value / asset volatility (solved)$96.01B / 42.4%
Risk-free rate (1-year Treasury)4.28%
647281Jan 2021Sep 20262021-01-31: 702021-02-28: 722021-03-31: 782021-04-30: 802021-05-31: 792021-06-30: 802021-07-31: 802021-08-31: 812021-09-30: 802021-10-31: 802021-11-30: 712021-12-31: 702022-01-31: 702022-02-28: 642022-03-31: 672022-04-30: 642022-05-31: 642022-06-30: 642022-07-31: 642022-08-31: 652022-09-30: 662022-10-31: 662022-11-30: 672022-12-31: 672023-01-31: 672023-02-28: 712023-03-31: 722023-04-30: 732023-05-31: 722023-06-30: 762023-07-31: 782023-08-31: 792023-09-30: 792023-10-31: 782023-11-30: 772023-12-31: 792024-01-31: 782024-02-29: 782024-03-31: 792024-04-30: 792024-05-31: 802024-06-30: 792024-07-31: 762024-08-31: 762024-09-30: 762024-10-31: 752024-11-30: 792024-12-31: 772025-01-31: 702025-02-28: 702025-03-31: 682025-04-30: 692025-05-31: 692025-06-30: 702025-07-31: 722025-08-31: 712025-09-30: 732025-10-31: 692025-11-30: 702025-12-31: 682026-01-31: 762026-02-28: 762026-03-31: 782026-04-30: 802026-05-31: 792026-06-30: 782026-07-31: 722026-08-31: 702026-09-30: 71

Bond market: priced-in odds

A 78 bp spread prices in about 1.3% 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'' = 2.13 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.

The stock side: 13F filings

What institutions report holding in PWR'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-endStock holdersStock valuePut managersPuts (underlying value)Call managersCalls (underlying value)Convertible holders
2026-09-30 filings still arriving 308$1.60B 1$548K 0— 0
2026-06-30 1,922$93.31B 37$1.37B 36$879.9M 1
2026-03-31 1,727$71.10B 33$563.1M 37$708.3M 1
2025-12-31 1,594$56.31B 32$668.3M 31$706.7M 0
2025-09-30 1,435$54.99B 28$417.7M 31$629.0M 0
2025-06-30 1,368$50.68B 31$509.1M 33$550.1M 0

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.

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