Universal Health Services, Inc. bonds UHS
Who owns Universal Health Services, 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. UHS 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 |
|---|---|---|---|---|---|---|---|---|---|
| 913903AX8 | 1.65% fixed | 2026-09-01 | USD | 99.57 | 4.19% | 53 bp | 1 | $498 | Jun 2026 |
| 913903AZ3 | 1.65% fixed | 2026-09-01 | USD | 99.78 | 4.19% | 46 bp | 12 | $124.0M | Jul 2026 |
| 913903BB5 | 4.625% fixed | 2029-10-15 | USD | 98.42 | 5.16% | 90 bp | 18 | $12.8M | Jul 2026 |
| 913903AW0 | 2.65% fixed | 2030-10-15 | USD | 89.53 | 5.47% | 117 bp | 19 | $21.0M | Jul 2026 |
| 913903BA7 | 2.65% fixed | 2032-01-15 | USD | 86.61 | 5.53% | 117 bp | 9 | $6.5M | Jul 2026 |
| 913903AY6 | 2.65% fixed | 2032-01-15 | USD | 87.26 | 5.34% | 109 bp | 1 | $167K | Jun 2026 |
| 913903BC3 | 5.05% fixed | 2034-10-15 | USD | 94.25 | 5.94% | 143 bp | 12 | $11.6M | 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 | $175.9M | 94.25 | 5.50% | 117 bp | 19 |
| Jun 2026 | 7 | $454.8M | 95.81 | 5.32% | 109 bp | 37 |
| May 2026 | 5 | $230.5M | 96.25 | 5.18% | 102 bp | 30 |
| Apr 2026 | 5 | $173.6M | 96.28 | 5.14% | 118 bp | 20 |
| Mar 2026 | 7 | $467.6M | 95.53 | 5.26% | 133 bp | 35 |
| Feb 2026 | 5 | $250.4M | 98.70 | 4.65% | 94 bp | 30 |
| Jan 2026 | 5 | $173.7M | 98.14 | 4.84% | 103 bp | 25 |
| Dec 2025 | 7 | $466.9M | 98.19 | 4.91% | 110 bp | 33 |
| Nov 2025 | 5 | $206.9M | 97.93 | 4.79% | 107 bp | 25 |
| Oct 2025 | 5 | $132.0M | 97.90 | 4.90% | 119 bp | 17 |
| Sep 2025 | 8 | $515.6M | 93.95 | 4.97% | 124 bp | 35 |
| Aug 2025 | 5 | $215.0M | 96.27 | 4.94% | 114 bp | 23 |
| Jul 2025 | 5 | $75.7M | 95.09 | 5.20% | 123 bp | 15 |
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. 35 added, 31 cut, 6 new holders and 8 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $70.3M | $66.5M | $0 |
| Navigator Tactical Fixed Income Fund Northern Lights Fund Trust | 2026-07-31 | $53.4M | $53.3M | $1.0M |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $46.9M | $46.7M | $0 |
| TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $45.0M | $44.8M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $44.0M | $42.5M | $0 |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $35.8M | $34.4M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $31.0M | $29.0M | -$389K |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $29.8M | $28.0M | $1.6M |
| Aristotle Strategic Income Fund Aristotle Fund Series Trust | 2026-06-30 | $29.0M | $27.4M | $0 |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $29.6M | $26.7M | $0 |
| First Trust Enhanced Short Maturity ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $25.0M | $24.9M | $0 |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $24.9M | $24.2M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $25.4M | $23.7M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $25.1M | $23.5M | $1.5M |
| Janus Henderson Short Duration Income ETF Janus Detroit Street Trust | 2026-07-31 | $23.4M | $23.4M | $0 |
| PIMCO Short-Term Fund PIMCO FUNDS | 2026-06-30 | $20.3M | $20.3M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $13.8M | $13.3M | $0 |
| Invesco BulletShares 2026 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $11.6M | $11.5M | $3.3M |
| First Trust Core Investment Grade ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $11.7M | $10.9M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $11.7M | $10.9M | -$185K |
| Virtus Newfleet Multi-Sector Short Term Bond Fund Virtus Opportunities Trust | 2026-06-30 | $10.2M | $10.2M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $10.6M | $9.6M | $0 |
| Fidelity Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $10.4M | $9.4M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.0M | $8.4M | $1.1M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $8.9M | $8.3M | $951K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): LORD ABBETT BOND DEBENTURE FUND INC ($22.8M), iShares Investment Grade Systematic Bond ETF ($6.3M), THRIVENT SHORT-TERM BOND FUND ($2.6M), Strategic Bond Fund ($1.6M), Bond-Debenture Portfolio ($1.2M), Guardian Core Plus Fixed Income VIP Fund ($504K), Avantis Core Fixed Income Fund ($500K), Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF ($19K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $31.0M | $29.0M | 0.04% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 4 | $29.8M | $28.0M | 0.01% |
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 1 | $25.0M | $24.9M | 0.38% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $25.1M | $23.5M | 0.05% |
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 1 | $23.4M | $23.4M | 0.70% |
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 2026-05-31 | 1 | $11.6M | $11.5M | 0.30% |
| FTCB First Trust Core Investment Grade ETF | 2026-07-31 | 3 | $11.7M | $10.9M | 0.43% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $11.7M | $10.9M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $9.0M | $8.4M | 0.04% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $8.9M | $8.3M | 0.01% |
| IBDR iShares iBonds Dec 2026 Term Corporate ETF | 2026-07-31 | 1 | $8.2M | $8.1M | 0.24% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $7.9M | $7.2M | 0.04% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 2 | $7.5M | $7.1M | 0.47% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $6.0M | $5.7M | 0.01% |
| UYLD Angel Oak UltraShort Income ETF | 2026-07-31 | 1 | $5.6M | $5.6M | 0.35% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.09: safer than 59% of companies (55th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $10.75B |
| Debt barrier (short-term + ½ long-term debt) | $2.81B |
| Equity volatility (1 year) | 32.3% |
| Asset value / asset volatility (solved) | $13.45B / 25.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 117 bp spread prices in about 1.9% 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'' = 3.72 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in UHS'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 | 72 | $91.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 586 | $7.53B | 10 | $32.1M | 12 | $38.3M | 0 |
| 2026-03-31 | 639 | $7.73B | 8 | $24.4M | 7 | $22.7M | 0 |
| 2025-12-31 | 679 | $10.73B | 11 | $89.4M | 10 | $77.1M | 0 |
| 2025-09-30 | 623 | $10.62B | 14 | $89.7M | 15 | $49.1M | 0 |
| 2025-06-30 | 611 | $9.58B | 15 | $105.1M | 16 | $52.2M | 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.