Silgan Holdings Inc. bonds SLGN
Who owns Silgan Holdings 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. SLGN 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 |
|---|---|---|---|---|---|---|---|---|---|
| 827048AW9 | 4.125% fixed | 2028-02-01 | USD | 98.59 | 5.11% | 98 bp | 22 | $25.5M | Jul 2026 |
| U82239AN1 | 2.25% fixed | 2028-06-01 | EUR | 97.76 | 3.48% | — | 1 | $3.5M | Jun 2026 |
| BK0252787 | 2.25% fixed | 2028-06-01 | EUR | 97.44 | 3.72% | — | 3 | $26.2M | Jul 2026 |
| XS3176108820 | 4.25% fixed | 2031-02-15 | EUR | 99.09 | 4.47% | — | 3 | $986K | Jul 2026 |
| YL8597970 | 4.25% fixed | 2031-02-15 | EUR | 99.07 | 4.48% | — | 4 | $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 | 4 | $55.1M | 98.83 | 5.11% | 98 bp | 22 |
| Jun 2026 | 5 | $68.1M | 98.70 | 4.99% | 96 bp | 16 |
| May 2026 | 3 | $11.2M | 98.77 | 4.90% | 96 bp | 10 |
| Apr 2026 | 4 | $54.4M | 98.58 | 5.13% | 136 bp | 23 |
| Mar 2026 | 5 | $65.6M | 97.11 | 5.40% | 170 bp | 15 |
| Feb 2026 | 5 | $16.1M | 99.76 | 4.51% | 104 bp | 13 |
| Jan 2026 | 5 | $69.8M | 99.46 | 4.59% | 105 bp | 24 |
| Dec 2025 | 6 | $201.2M | 100.25 | 4.86% | 136 bp | 27 |
| Nov 2025 | 4 | $15.8M | 98.89 | 4.63% | 108 bp | 12 |
| Oct 2025 | 5 | $67.2M | 98.53 | 5.05% | 152 bp | 26 |
| Sep 2025 | 5 | $210.1M | 98.36 | 5.20% | 164 bp | 27 |
| Aug 2025 | 3 | $13.4M | 97.51 | 5.23% | 155 bp | 12 |
| Jul 2025 | 3 | $68.2M | 97.28 | 5.34% | 148 bp | 24 |
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. 13 added, 5 cut, 1 new holders and 12 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $23.0M | $25.9M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $22.5M | $25.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $9.8M | $9.7M | -$8K |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $6.0M | $6.7M | $3.2M |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $6.6M | $6.5M | new |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $5.3M | $5.2M | $310K |
| Greenspring Income Opportunities Fund Manager Directed Portfolios | 2026-06-30 | $4.4M | $4.3M | $492K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $4.0M | $3.9M | $0 |
| Muzinich Low Duration Fund Professionally Managed Portfolios | 2026-06-30 | $2.8M | $3.2M | $0 |
| Invesco BulletShares 2028 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $3.1M | $3.1M | $530K |
| BlackRock Corporate High Yield Fund, Inc. | 2026-06-30 | $2.3M | $2.6M | $0 |
| Boyd Watterson Limited Duration Enhanced Income Fund NORTHERN LIGHTS FUND TRUST III | 2026-06-30 | $2.4M | $2.4M | $0 |
| JPMorgan Global Bond Opportunities Fund JPMorgan Trust I | 2026-05-31 | $1.9M | $2.2M | $0 |
| SBH PLUS BOND FUND Segall Bryant & Hamill Trust | 2026-06-30 | $1.9M | $1.9M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.9M | $1.9M | -$2.2M |
| Palmer Square Income Plus Fund Palmer Square Funds Trust | 2026-06-30 | $1.6M | $1.8M | -$1.2M |
| iShares iBonds 2028 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $1.8M | $1.8M | $202K |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $1.5M | $1.7M | $0 |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $1.7M | $1.7M | -$181K |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.6M | $1.5M | $760K |
| SBH QUALITY HIGH YIELD FUND Segall Bryant & Hamill Trust | 2026-06-30 | $1.4M | $1.3M | $0 |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $1.3M | $1.3M | $0 |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $1.2M | $1.2M | $0 |
| Xtrackers USD High Yield BB-B ex Financials ETF DBX ETF Trust | 2026-05-31 | $1.2M | $1.1M | $209K |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $1.1M | $1.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): CrossingBridge Ultra-Short Duration Fund ($4.5M), Columbia Strategic Income Fund ($3.9M), PGIM Corporate Bond 0-5 Year ETF ($1.1M), Columbia Variable Portfolio - Intermediate Bond Fund ($520K), BlackRock Multi-Sector Income Trust ($415K), BlackRock Low Duration Bond Portfolio ($280K), BlackRock Core Bond Trust ($180K), Thornburg Multi Sector Bond ETF ($177K), Columbia Variable Portfolio - Strategic Income Fund ($120K), Thornburg Core Plus Bond ETF ($73K).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $9.8M | $9.7M | 0.03% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $5.3M | $5.2M | 0.07% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $3.1M | $3.1M | 0.44% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $1.9M | $1.9M | 0.02% |
| IBHH iShares iBonds 2028 Term High Yield and Income ETF | 2026-07-31 | 1 | $1.8M | $1.8M | 0.39% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 1 | $1.7M | $1.7M | 0.05% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $1.6M | $1.5M | 0.03% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $1.2M | $1.1M | 0.05% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $893K | $882K | 0.03% |
| GTOQ Invesco High Yield Systematic Bond ETF | 2026-07-31 | 1 | $600K | $593K | 0.33% |
| EUHY iShares Euro High Yield Corporate Bond USD Hedged ETF | 2026-07-31 | 2 | $500K | $568K | 0.23% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $560K | $552K | 0.00% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $412K | $467K | 0.05% |
| JFLX JPMorgan Flexible Debt ETF | 2026-05-31 | 2 | $345K | $395K | 0.03% |
| XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $365K | $360K | 0.07% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.36: safer than 42% of companies (40th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $4.25B |
| Debt barrier (short-term + ½ long-term debt) | $3.01B |
| Equity volatility (1 year) | 34.1% |
| Asset value / asset volatility (solved) | $7.13B / 20.3% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 98 bp spread prices in about 1.6% 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 = 1.88 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in SLGN'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 | 34 | $13.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 336 | $4.46B | 1 | $9K | 2 | $70K | 0 |
| 2026-03-31 | 324 | $3.14B | 1 | $16K | 2 | $39K | 0 |
| 2025-12-31 | 316 | $3.71B | 1 | $28K | 2 | $238K | 0 |
| 2025-09-30 | 332 | $3.85B | 0 | — | 1 | $9K | 0 |
| 2025-06-30 | 355 | $4.42B | 3 | $125K | 2 | $206K | 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.