Solventum Corporation bonds SOLV
Who owns Solventum 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. SOLV 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 |
|---|---|---|---|---|---|---|---|---|---|
| 83444MAN1 | 5.45% fixed | 2027-02-25 | USD | 100.45 | 4.62% | 76 bp | 15 | $54.8M | Jul 2026 |
| 83444MAP6 | 5.4% fixed | 2029-03-01 | USD | 101.24 | 4.88% | 64 bp | 29 | $53.1M | Jul 2026 |
| 83444MAQ4 | 5.45% fixed | 2031-03-13 | USD | 101.39 | 5.11% | 79 bp | 18 | $27.2M | Jul 2026 |
| 83444MAR2 | 5.6% fixed | 2034-03-23 | USD | 100.62 | 5.50% | 101 bp | 18 | $24.3M | Jul 2026 |
| 83444MAS0 | 5.9% fixed | 2054-04-30 | USD | 94.13 | 6.35% | 125 bp | 10 | $5.0M | 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 | $164.5M | 100.62 | 5.30% | 90 bp | 29 |
| Jun 2026 | 5 | $548.9M | 101.71 | 5.05% | 77 bp | 76 |
| May 2026 | 5 | $431.5M | 101.98 | 5.01% | 76 bp | 48 |
| Apr 2026 | 5 | $188.5M | 102.24 | 5.02% | 97 bp | 29 |
| Mar 2026 | 5 | $580.1M | 102.23 | 5.05% | 108 bp | 76 |
| Feb 2026 | 5 | $526.1M | 103.72 | 4.64% | 81 bp | 52 |
| Jan 2026 | 5 | $187.8M | 103.63 | 4.49% | 70 bp | 31 |
| Dec 2025 | 5 | $598.4M | 103.60 | 4.51% | 79 bp | 67 |
| Nov 2025 | 5 | $544.2M | 103.43 | 4.49% | 80 bp | 49 |
| Oct 2025 | 5 | $186.6M | 103.38 | 4.57% | 89 bp | 34 |
| Sep 2025 | 5 | $655.2M | 103.20 | 4.55% | 84 bp | 79 |
| Aug 2025 | 6 | $831.4M | 102.86 | 4.49% | 64 bp | 52 |
| Jul 2025 | 6 | $268.5M | 102.08 | 4.72% | 71 bp | 38 |
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. 55 added, 63 cut, 19 new holders and 26 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 | $61.6M | $62.5M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $56.4M | $57.4M | $2.5M |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $56.4M | $56.7M | $33.3M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $48.1M | $49.3M | -$35.2M |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $44.6M | $45.4M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $43.2M | $44.2M | $0 |
| Janus Henderson Balanced Fund Janus Investment Fund | 2026-06-30 | $40.0M | $40.9M | -$30.3M |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $37.4M | $38.3M | $0 |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $35.9M | $36.9M | $0 |
| T. Rowe Price New Income Fund, Inc. T. ROWE PRICE NEW INCOME FUND, INC. | 2026-05-31 | $31.5M | $31.1M | $0 |
| First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $30.6M | $30.7M | $0 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $29.1M | $29.5M | -$3.8M |
| Janus Henderson Short Duration Income ETF Janus Detroit Street Trust | 2026-07-31 | $25.0M | $25.3M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $22.2M | $22.5M | -$1.8M |
| Bridge Builder Core Bond Fund Bridge Builder Trust | 2026-06-30 | $21.3M | $21.8M | $0 |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $16.7M | $16.9M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $16.1M | $16.5M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $15.0M | $15.4M | -$6.6M |
| THE HARTFORD BALANCED INCOME FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $15.1M | $15.3M | $0 |
| Janus Henderson VIT Balanced Portfolio Janus Aspen Series | 2026-06-30 | $13.9M | $14.2M | -$10.6M |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $13.8M | $13.7M | new |
| JPMorgan Core Plus Bond ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $12.9M | $13.2M | new |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.3M | $11.6M | -$7.1M |
| First Trust Limited Duration Investment Grade Corporate ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $10.6M | $10.7M | -$2.5M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $10.4M | $10.7M | $3.5M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett Short Duration Income Fund ($25.3M), iShares Flexible Income Active ETF ($16.6M), Janus Henderson Flexible Bond Fund ($15.8M), Lord Abbett Core Fixed Income Fund ($9.7M), First Trust Core Investment Grade ETF ($7.5M), Lord Abbett Total Return Fund ($3.6M), Lord Abbett Core Plus Bond Fund ($2.3M), Western Asset SMASh Series Core Plus Completion Fund ($1.7M), Janus Henderson Flexible Bond Portfolio ($1.6M), Fidelity SAI Enhanced Core Bond Fund ($1.5M).
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 | 4 | $56.4M | $57.4M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $48.1M | $49.3M | 0.07% |
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $30.6M | $30.7M | 0.47% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $29.1M | $29.5M | 0.10% |
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 2 | $25.0M | $25.3M | 0.75% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $22.2M | $22.5M | 0.02% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $15.0M | $15.4M | 0.03% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 1 | $12.9M | $13.2M | 0.11% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $11.3M | $11.6M | 0.06% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 3 | $10.6M | $10.7M | 0.71% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $10.4M | $10.7M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $10.4M | $10.6M | 0.05% |
| JBND JPMorgan Active Bond ETF | 2026-05-31 | 2 | $9.9M | $10.0M | 0.12% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $9.1M | $9.3M | 0.05% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $8.9M | $9.1M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.33: safer than 68% of companies (64th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $14.50B |
| Debt barrier (short-term + ½ long-term debt) | $2.79B |
| Equity volatility (1 year) | 29.5% |
| Asset value / asset volatility (solved) | $17.18B / 24.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 90 bp spread prices in about 1.5% 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 = 2.15 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in SOLV'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 | 112 | $103.4M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 870 | $9.77B | 7 | $12.3M | 10 | $36.5M | 0 |
| 2026-03-31 | 863 | $6.94B | 7 | $10.3M | 8 | $24.3M | 0 |
| 2025-12-31 | 925 | $9.69B | 9 | $12.3M | 11 | $34.7M | 0 |
| 2025-09-30 | 857 | $8.83B | 12 | $26.9M | 13 | $84.9M | 0 |
| 2025-06-30 | 868 | $8.64B | 14 | $33.2M | 14 | $114.3M | 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.