Rolls-Royce Holdings plc bonds RR.L
Who owns Rolls-Royce Holdings plc'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. RR.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 |
|---|---|---|---|---|---|---|---|---|---|
| ACI1S61B4 | 5.75% fixed | 2027-10-15 | GBP | 100.88 | 4.98% | — | 1 | $1.3M | Jul 2026 |
| ACI1S61G3 | 5.75% fixed | 2027-10-15 | GBP | 101.25 | 4.74% | — | 3 | $42.8M | Jun 2026 |
| 77578JAC2 | 5.75% fixed | 2027-10-15 | USD | 101.01 | 4.87% | 79 bp | 7 | $15.7M | Jul 2026 |
| ZO9246679 | 5.75% fixed | 2027-10-15 | GBP | 202.31 | — | — | 1 | $537K | Jun 2026 |
| ACI12HZ39 | 1.625% fixed | 2028-05-09 | EUR | 97.27 | 3.23% | — | 2 | $12.3M | Jul 2026 |
| XS3373513368 | 3.375% fixed | 2031-05-20 | EUR | 99.17 | 3.56% | — | 3 | $12.7M | Jul 2026 |
| G76312AA8 | 3.88% fixed | 2036-05-20 | EUR | 99.05 | 4.00% | — | 3 | $742K | 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 | 5 | $42.8M | 99.17 | 4.87% | 79 bp | 7 |
| Jun 2026 | 5 | $140.8M | 101.25 | 4.74% | 77 bp | 29 |
| May 2026 | 4 | $29.4M | 101.05 | 4.74% | 87 bp | 10 |
| Apr 2026 | 3 | $29.4M | 100.88 | 4.77% | 103 bp | 7 |
| Mar 2026 | 5 | $146.4M | 100.99 | 4.67% | 98 bp | 31 |
| Feb 2026 | 3 | $23.3M | 102.27 | 4.27% | 80 bp | 9 |
| Jan 2026 | 3 | $34.3M | 102.21 | 4.24% | 71 bp | 10 |
| Dec 2025 | 6 | $202.5M | 101.29 | 4.25% | 74 bp | 28 |
| Nov 2025 | 4 | $23.0M | 101.22 | 4.33% | 77 bp | 8 |
| Oct 2025 | 3 | $34.0M | 102.48 | 4.35% | 83 bp | 10 |
| Sep 2025 | 7 | $367.5M | 99.96 | 4.34% | 77 bp | 27 |
| Aug 2025 | 4 | $81.6M | 100.22 | 4.43% | 73 bp | 6 |
| Jul 2025 | 5 | $47.8M | 102.28 | 4.65% | 78 bp | 10 |
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. 7 added, 2 cut, 8 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PIMCO Income Fund PIMCO Funds | 2026-06-30 | $29.7M | $39.9M | -$3.8M |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $28.0M | $28.4M | $0 |
| PIMCO Low Duration Income Fund PIMCO FUNDS | 2026-06-30 | $16.4M | $17.3M | $0 |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $13.8M | $14.0M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $11.0M | $12.5M | $6.0M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $11.0M | $12.4M | $5.0M |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $10.9M | $11.0M | $0 |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $6.6M | $6.6M | $0 |
| T. Rowe Price Short-Term Bond Fund, Inc. T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $6.4M | $6.5M | $0 |
| Short Duration Bond Fund John Hancock Bond Trust | 2026-05-31 | $5.6M | $5.7M | $1.1M |
| PIMCO Total Return Fund PIMCO FUNDS | 2026-06-30 | $5.5M | $5.6M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $5.2M | $5.3M | $0 |
| Strategic Advisers Fidelity Short Duration Fund Fidelity Rutland Square Trust II | 2026-05-31 | $3.0M | $3.7M | $2.6M |
| NVIT Loomis Core Bond Fund Nationwide Variable Insurance Trust | 2026-06-30 | $3.6M | $3.7M | $0 |
| PIMCO Multisector Bond Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $3.4M | $3.5M | $0 |
| PIMCO Diversified Income Fund PIMCO FUNDS | 2026-06-30 | $3.2M | $3.2M | $0 |
| PIMCO Short-Term Fund PIMCO FUNDS | 2026-06-30 | $3.1M | $3.1M | $0 |
| T. Rowe Price Ultra Short-Term Bond ETF T. Rowe Price Exchange-Traded Funds, Inc. | 2026-05-31 | $3.0M | $3.0M | $0 |
| Short Duration Bond Portfolio PACIFIC SELECT FUND | 2026-06-30 | $1.9M | $1.9M | $0 |
| Strategic Advisers Short Duration Fund Fidelity Rutland Square Trust II | 2026-05-31 | $1.5M | $1.6M | $335K |
| Fidelity Advisor Capital and Income Fund Fidelity Advisor Series I | 2026-07-31 | $1.4M | $1.5M | $0 |
| JNL/T. Rowe Price Short-Term Bond Fund JNL Series Trust | 2026-06-30 | $1.4M | $1.5M | $0 |
| Multi-Sector Bond Portfolio NORTHWESTERN MUTUAL SERIES FUND INC | 2026-06-30 | $1.4M | $1.4M | $0 |
| Goldman Sachs Multi-Manager Non-Core Fixed Income Fund Goldman Sachs Trust II | 2026-07-31 | $970K | $1.3M | $150K |
| Optimum Fixed Income Fund Optimum Fund Trust | 2026-06-30 | $1.0M | $1.0M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): 1290 VT High Yield Bond Portfolio ($732K), EQ/Core Plus Bond Portfolio ($200K).
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 |
|---|---|---|---|---|---|
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 2 | $11.0M | $12.4M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $5.2M | $5.3M | 0.02% |
| TBUX T. Rowe Price Ultra Short-Term Bond ETF | 2026-05-31 | 1 | $3.0M | $3.0M | 0.27% |
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 1 | $958K | $968K | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $940K | $949K | 0.00% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $575K | $583K | 0.00% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 1 | $400K | $537K | 0.01% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 1 | $330K | $333K | 0.01% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 2 | $200K | $229K | 0.00% |
| FLTB Fidelity Limited Term Bond ETF | 2026-05-31 | 1 | $150K | $152K | 0.04% |
| BNDP VANGUARD CORE-PLUS BOND INDEX ETF | 2026-06-30 | 1 | $50K | $51K | 0.04% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 11.59: safer than 86% of companies (87th percentile in Industrials). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $144.73B |
| Debt barrier (short-term + ½ long-term debt) | $1.83B |
| Equity volatility (1 year) | 38.0% |
| Asset value / asset volatility (solved) | $146.48B / 37.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 79 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'' = 1.90 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in RR.L'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 | 4 | $14.2M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 33 | $98.7M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 31 | $94.0M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 34 | $101.3M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 27 | $118.7M | 0 | — | 0 | — | 0 |
| 2025-06-30 | 25 | $84.1M | 0 | — | 0 | — | 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.