Rivian Automotive, Inc. bonds RIVN
Who owns Rivian Automotive, 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. RIVN 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 |
|---|---|---|---|---|---|---|---|---|---|
| 76954AAB9 convertible | 4.625% fixed | 2029-03-15 | USD | 112.01 | — | — | 20 | $129.8M | Jul 2026 |
| 76954AAD5 convertible | 3.625% fixed | 2030-10-15 | USD | 103.75 | — | — | 12 | $148.5M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | 2 | $278.2M | 107.88 | — | — | 20 |
| Jun 2026 | 2 | $127.4M | 112.85 | — | — | 20 |
| May 2026 | 2 | $78.5M | 109.12 | — | — | 12 |
| Apr 2026 | 2 | $276.1M | 109.21 | — | — | 20 |
| Mar 2026 | 2 | $113.9M | 101.44 | — | — | 16 |
| Feb 2026 | 2 | $70.1M | 103.60 | — | — | 12 |
| Jan 2026 | 2 | $237.3M | 100.36 | — | — | 19 |
| Dec 2025 | 2 | $125.8M | 119.08 | — | — | 15 |
| Nov 2025 | 2 | $69.8M | 105.00 | — | — | 11 |
| Oct 2025 | 2 | $195.1M | 91.82 | — | — | 20 |
| Sep 2025 | 2 | $107.6M | 97.85 | — | — | 17 |
| Aug 2025 | 2 | $60.3M | 93.64 | — | — | 10 |
| Jul 2025 | 2 | $211.5M | 92.88 | — | — | 22 |
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. 15 added, 15 cut, 5 new holders and 6 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $107.5M | $115.4M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $68.5M | $73.7M | $12.7M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $47.9M | $53.8M | $6.6M |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $23.5M | $25.7M | $1.0M |
| Columbia Convertible Securities Fund COLUMBIA FUNDS SERIES TRUST | 2026-05-31 | $20.0M | $20.7M | $3.8M |
| Calamos Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $14.0M | $14.5M | $0 |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $12.2M | $14.4M | -$3.0M |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $11.7M | $13.8M | -$2.7M |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $12.9M | $13.7M | $635K |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $12.2M | $13.0M | $740K |
| Invesco Convertible Securities Fund AIM Growth Series (Invesco Growth Series) | 2026-06-30 | $9.5M | $11.3M | $2.0M |
| Calamos Dynamic Convertible & Income Fund | 2026-07-31 | $10.4M | $11.0M | $375K |
| NYLIM VP MacKay Convertible Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $8.1M | $9.7M | $0 |
| Fidelity Advisor Multi-Asset Income Fund Fidelity School Street Trust | 2026-06-30 | $8.0M | $9.4M | -$30K |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $8.3M | $9.0M | -$940K |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $7.3M | $8.2M | $0 |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $7.0M | $7.9M | -$235K |
| Columbia Flexible Capital Income Fund Columbia Funds Series Trust II | 2026-05-31 | $6.5M | $7.5M | $1.5M |
| T. Rowe Price Dynamic Global Bond Fund T. ROWE PRICE INTERNATIONAL FUNDS, INC. | 2026-06-30 | $5.8M | $6.9M | $0 |
| TRI-CONTINENTAL Corp | 2026-06-30 | $4.5M | $5.3M | $500K |
| Global Opportunities Portfolio | 2026-07-31 | $3.3M | $3.7M | $0 |
| Lord Abbett Convertible Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $3.5M | $3.7M | $0 |
| Virtus Convertible & Income Fund | 2026-07-31 | $3.1M | $3.4M | -$949K |
| THE HARTFORD STRATEGIC INCOME FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $3.1M | $3.3M | -$2.8M |
| Calamos Global Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $2.6M | $2.9M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Defensive Market Strategies Fund ($2.5M), Voya Global Income & Growth Fund ($900K), 1290 Loomis Sayles Multi-Asset Income Fund ($184K), State Street(R) Loomis Sayles Opportunistic Bond ETF ($37K), Opportunistic Fixed Income Fund ($26K), Opportunistic Fixed Income Trust ($25K).
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 |
|---|---|---|---|---|---|
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 2 | $68.5M | $73.7M | 1.03% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 2 | $47.9M | $53.8M | 0.87% |
| FCVT First Trust SSI Strategic Convertible Securities ETF | 2026-07-31 | 1 | $985K | $1.0M | 1.01% |
| ACVT Advent Convertible Bond ETF | 2026-05-31 | 1 | $811K | $841K | 2.61% |
| HFSI Hartford Strategic Income ETF | 2026-07-31 | 2 | $519K | $538K | 0.05% |
| XAGG Eaton Vance Income Opportunities ETF | 2026-06-30 | 1 | $205K | $243K | 0.02% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $73K | $82K | 0.02% |
| TOTR T. Rowe Price Total Return ETF | 2026-05-31 | 1 | $45K | $51K | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.34: safer than 29% of companies (28th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $17.86B |
| Debt barrier (short-term + ½ long-term debt) | $2.22B |
| Equity volatility (1 year) | 68.8% |
| Asset value / asset volatility (solved) | $19.99B / 61.4% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z = -1.48 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in RIVN'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 | 105 | $34.7M | 1 | $9.4M | 3 | $2.8M | 4 |
| 2026-06-30 | 814 | $12.74B | 45 | $1.58B | 45 | $1.33B | 95 |
| 2026-03-31 | 793 | $8.67B | 50 | $1.49B | 45 | $1.25B | 85 |
| 2025-12-31 | 793 | $13.93B | 53 | $2.49B | 57 | $1.89B | 82 |
| 2025-09-30 | 744 | $9.95B | 50 | $1.73B | 55 | $1.31B | 93 |
| 2025-06-30 | 745 | $9.09B | 47 | $1.46B | 49 | $1.20B | 86 |
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.