Starbucks Corporation bonds SBUX
Who owns Starbucks Corporation'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. SBUX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 855244BG3 | 4.85% fixed | 2027-02-08 | USD | 100.22 | 4.41% | 56 bp | 5 | $28.2M | Jul 2026 |
| 855244AV1 | 2% fixed | 2027-03-12 | USD | 98.54 | 4.42% | 53 bp | 3 | $4.5M | Jul 2026 |
| 855244AP4 | 3.5% fixed | 2028-03-01 | USD | 98.36 | 4.58% | 43 bp | 6 | $6.2M | Jul 2026 |
| 855244BN8 | 4.5% fixed | 2028-05-15 | USD | 99.82 | 4.60% | 42 bp | 11 | $32.4M | Jul 2026 |
| 855244AR0 | 4% fixed | 2028-11-15 | USD | 98.49 | 4.70% | 47 bp | 8 | $10.0M | Jul 2026 |
| 855244AT6 | 3.55% fixed | 2029-08-15 | USD | 96.81 | 4.69% | 42 bp | 10 | $11.8M | Jul 2026 |
| 855244AW9 | 2.25% fixed | 2030-03-12 | USD | 91.30 | 4.90% | 62 bp | 8 | $7.0M | Jul 2026 |
| 855244BL2 | 4.8% fixed | 2030-05-15 | USD | 101.03 | 4.52% | 64 bp | 9 | $3.7M | Apr 2026 |
| 855244AZ2 | 2.55% fixed | 2030-11-15 | USD | 90.90 | 4.93% | 62 bp | 12 | $11.7M | Jul 2026 |
| 855244BH1 | 4.9% fixed | 2031-02-15 | USD | 100.11 | 4.87% | 56 bp | 7 | $4.4M | Jul 2026 |
| 855244BC2 | 3% fixed | 2032-02-14 | USD | 90.53 | 4.98% | 61 bp | 7 | $6.8M | Jul 2026 |
| 855244BF5 | 4.8% fixed | 2033-02-15 | USD | 97.94 | 5.17% | 74 bp | 10 | $3.8M | Jul 2026 |
| 855244BJ7 | 5% fixed | 2034-02-15 | USD | 98.43 | 5.26% | 77 bp | 6 | $2.3M | Jul 2026 |
| 855244BM0 | 5.4% fixed | 2035-05-15 | USD | 102.63 | 5.03% | 78 bp | 6 | $11.9M | Apr 2026 |
| 855244AH2 | 4.3% fixed | 2045-06-15 | USD | 79.73 | 6.13% | 107 bp | 3 | $801K | Jul 2026 |
| 855244AM1 | 3.75% fixed | 2047-12-01 | USD | 71.49 | 6.17% | 106 bp | 6 | $2.8M | Jul 2026 |
| 855244AS8 | 4.5% fixed | 2048-11-15 | USD | 79.98 | 6.16% | 106 bp | 6 | $1.0M | Jul 2026 |
| 855244AU3 | 4.45% fixed | 2049-08-15 | USD | 79.00 | 6.17% | 106 bp | 8 | $4.2M | Jul 2026 |
| 855244AX7 | 3.35% fixed | 2050-03-12 | USD | 65.11 | 6.18% | 107 bp | 7 | $4.2M | Jul 2026 |
| 855244BA6 | 3.5% fixed | 2050-11-15 | USD | 66.70 | 6.16% | 106 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 | 18 | $144.6M | 94.05 | 5.08% | 68 bp | 12 |
| Jun 2026 | 18 | $593.6M | 94.54 | 4.84% | 56 bp | 32 |
| May 2026 | 19 | $555.9M | 97.59 | 4.74% | 50 bp | 22 |
| Apr 2026 | 21 | $195.4M | 98.18 | 4.75% | 69 bp | 13 |
| Mar 2026 | 21 | $802.1M | 97.86 | 4.78% | 81 bp | 29 |
| Feb 2026 | 21 | $734.4M | 98.92 | 4.27% | 49 bp | 22 |
| Jan 2026 | 22 | $264.3M | 98.67 | 4.37% | 56 bp | 13 |
| Dec 2025 | 22 | $896.2M | 98.59 | 4.38% | 66 bp | 31 |
| Nov 2025 | 22 | $720.5M | 98.67 | 4.31% | 60 bp | 21 |
| Oct 2025 | 22 | $267.1M | 98.40 | 4.39% | 70 bp | 13 |
| Sep 2025 | 22 | $656.9M | 98.36 | 4.41% | 67 bp | 25 |
| Aug 2025 | 22 | $734.3M | 98.39 | 4.46% | 58 bp | 22 |
| Jul 2025 | 23 | $316.5M | 97.94 | 4.67% | 63 bp | 14 |
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. 29 added, 116 cut, 5 new holders and 41 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $211.1M | $193.6M | -$27.5M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $201.3M | $183.3M | -$21.7M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $120.2M | $115.8M | -$2.7M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $64.7M | $60.4M | $193K |
| PGIM Ultra Short Bond ETF PGIM ETF Trust | 2026-05-29 | $49.8M | $50.0M | -$14.6M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $53.5M | $47.5M | -$16.8M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $52.8M | $45.7M | -$761K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $35.7M | $34.0M | -$4.7M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $32.4M | $30.6M | -$11.0M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $30.5M | $29.2M | -$6.6M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $19.6M | $19.6M | -$18.6M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $21.0M | $18.6M | -$6.8M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $19.0M | $18.4M | -$4.5M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $15.9M | $15.7M | -$2.8M |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $15.2M | $15.2M | $214K |
| iShares Ultra Short Duration Bond Active ETF iShares U.S. ETF Trust | 2026-07-31 | $14.9M | $15.0M | $0 |
| Invesco BulletShares 2028 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $14.2M | $14.1M | -$2.9M |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $15.6M | $13.5M | $951K |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $14.5M | $13.2M | -$3.1M |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $13.1M | $12.9M | -$1.6M |
| Invesco BulletShares 2030 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $13.5M | $12.4M | -$2.5M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $12.7M | $12.0M | -$11.7M |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $12.8M | $11.6M | -$921K |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.9M | $11.3M | -$8.7M |
| iShares iBonds Dec 2027 Term Corporate ETF iShares Trust | 2026-07-31 | $11.1M | $11.1M | -$55K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): TCW METWEST TOTAL RETURN BOND FUND ($12.0M), American Funds Corporate Bond Fund ($8.7M), American Funds Multi-Sector Income Fund ($8.6M), Nuveen Core Impact Bond Fund ($8.5M), EQ/PIMCO Ultra Short Bond Portfolio ($6.4M), First Trust Smith Unconstrained Bond ETF ($6.3M), iShares iBonds Dec 2026 Term Corporate ETF ($5.5M), Aristotle Short Duration Income Fund ($4.0M), Capital World Bond Fund ($2.6M), Franklin Total Return Fund ($2.5M).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 15 | $201.3M | $183.3M | 0.05% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 7 | $120.2M | $115.8M | 0.23% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $64.7M | $60.4M | 0.09% |
| PULS PGIM Ultra Short Bond ETF | 2026-05-29 | 2 | $49.8M | $50.0M | 0.31% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 16 | $53.5M | $47.5M | 0.03% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $52.8M | $45.7M | 0.15% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 7 | $35.7M | $34.0M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $30.5M | $29.2M | 0.13% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 16 | $21.0M | $18.6M | 0.11% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 10 | $19.0M | $18.4M | 0.16% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 3 | $15.9M | $15.7M | 0.15% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 2 | $15.2M | $15.2M | 0.33% |
| ICSH iShares Ultra Short Duration Bond Active ETF | 2026-07-31 | 1 | $14.9M | $15.0M | 0.18% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 3 | $14.2M | $14.1M | 0.41% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 16 | $15.6M | $13.5M | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 10.88: safer than 84% of companies (83th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-28.
| Equity value | $111.75B |
| Debt barrier (short-term + ½ long-term debt) | $7.39B |
| Equity volatility (1 year) | 27.3% |
| Asset value / asset volatility (solved) | $118.83B / 25.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 68 bp spread prices in about 1.1% 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'' = -0.74 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in SBUX'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 | 417 | $916.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 2,395 | $97.40B | 55 | $2.37B | 58 | $3.09B | 1 |
| 2026-03-31 | 2,336 | $71.57B | 57 | $1.93B | 55 | $2.73B | 0 |
| 2025-12-31 | 2,318 | $76.26B | 56 | $2.40B | 58 | $2.75B | 0 |
| 2025-09-30 | 2,255 | $76.11B | 60 | $2.15B | 55 | $2.74B | 0 |
| 2025-06-30 | 2,333 | $85.29B | 54 | $2.36B | 59 | $2.65B | 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.