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MSL

Mackay Shields LLC Portfolio holdings

AUM $2.73B
1-Year Est. Return 2.13%
This Fund
S&P 500
This Quarter Est. Return
+8.28%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$14.7B
AUM Growth
+$2.19B
Cap. Flow
-$1.92B
Cap. Flow %
-13.03%
Top 10 Hldgs %
27.46%
Holding
1,621
New
167
Increased
614
Reduced
452
Closed
209

Top Buys

Rank Stock Value
1
PZA icon
Invesco National AMT-Free Municipal Bond ETF
PZA
+$148M
2
WLL
Whiting Petroleum Corporation
WLL
+$46M
3
PCGU
PG&E Corporation
PCGU
+$36.3M
4
BTT icon
BlackRock Municipal 2030 Target Term Trust
BTT
+$30.3M
5
PII icon
Polaris
PII
+$21.1M

Top Sells

Rank Stock Value
1
CCI.PRA
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$27.5M
2
ULTR
IQ Ultra Short Duration ETF
ULTR
+$24.7M
3
MMIN icon
IQ MacKay Municipal Insured ETF
MMIN
+$24.1M
4
ORLY icon
O'Reilly Automotive
ORLY
+$20M
5
CLGX
Corelogic, Inc.
CLGX
+$17M

Sector Composition

Rank Sector Weight
1 Technology 16.41%
2 Healthcare 9.48%
3 Consumer Discretionary 8.4%
4 Financials 7.48%
5 Communication Services 5.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SWK icon
401
Stanley Black & Decker
SWK
$14.2B
$4.38M 0.03%
27,002
+2,315
+9% +$360K
MCHP icon
402
Microchip Technology
MCHP
$42.8B
$4.38M 0.03%
85,210
+6,814
+9% +$355K
ADM icon
403
Archer Daniels Midland
ADM
$41.4B
$4.37M 0.03%
94,005
+5,268
+6% +$230K
FAST icon
404
Fastenal
FAST
$54B
$4.37M 0.03%
193,640
+11,700
+6% +$269K
PRU icon
405
Prudential Financial
PRU
$41.7B
$4.36M 0.03%
68,581
-9,491
-12% -$624K
LEN.B icon
406
Lennar Class B
LEN.B
$20B
$4.34M 0.03%
69,492
+27,923
+67% +$1.51M
ROK icon
407
Rockwell Automation
ROK
$51.4B
$4.34M 0.03%
19,650
+1,014
+5% +$227K
TDG icon
408
TransDigm Group
TDG
$69.2B
$4.32M 0.03%
9,097
+1,103
+14% +$519K
PAYX icon
409
Paychex
PAYX
$40.4B
$4.31M 0.03%
54,080
+3,322
+7% +$249K
XLNX
410
DELISTED
Xilinx Inc
XLNX
$4.29M 0.03%
41,148
+2,270
+6% +$233K
NUM
411
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
$4.25M 0.03%
300,000
– –
DHI icon
412
D.R. Horton
DHI
$41B
$4.25M 0.03%
56,127
-318
-0.6% -$21.7K
RNG icon
413
RingCentral
RNG
$4.05B
$4.22M 0.03%
15,385
-1,094
-7% -$304K
GLW icon
414
Corning
GLW
$126B
$4.17M 0.03%
128,510
+5,818
+5% +$180K
VPV icon
415
Invesco Pennsylvania Value Municipal Income Trust
VPV
$194M
$4.16M 0.03%
339,563
+203,991
+150% +$2.56M
SPG icon
416
Simon Property Group
SPG
$74.5B
$4.14M 0.03%
64,031
+6,130
+11% +$402K
UFPI icon
417
UFP Industries
UFPI
$4.97B
$4.13M 0.03%
73,100
-8,700
-11% -$491K
RUN icon
418
Sunrun
RUN
$2.37B
$4.12M 0.03%
+53,500
New +$2.52M
CVET
419
DELISTED
Covetrus, Inc. Common Stock
CVET
$4.1M 0.03%
+167,900
New +$3.62M
NAV
420
DELISTED
Navistar International
NAV
$4.09M 0.03%
94,000
-19,800
-17% -$679K
MKC icon
421
McCormick & Company Non-Voting
MKC
$13.4B
$4.07M 0.03%
41,932
+2,392
+6% +$234K
SYNH
422
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
$4.01M 0.03%
75,381
+32,181
+74% +$1.92M
INVH icon
423
Invitation Homes
INVH
$17.7B
$4.01M 0.03%
143,095
+52,469
+58% +$1.5M
SSD icon
424
Simpson Manufacturing
SSD
$7.98B
$4M 0.03%
41,200
+25,000
+154% +$2.37M
HLT icon
425
Hilton Worldwide
HLT
$74B
$4M 0.03%
46,824
+2,484
+6% +$208K
15 16
17
18 19

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Mackay Shields LLC's Q3 2020 Portfolio in Review

As of Q3 2020, Mackay Shields LLC held 1,621 positions worth $14.7B, up 17% from $12.5B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Mackay Shields LLC withdrew a net $1.92B in Q3 2020, closing 209 positions and reducing 452 holdings. Its most notable exit was Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A, an estimated $27.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Mackay Shields LLC opened a new position in Invesco National AMT-Free Municipal Bond ETF worth $146M.

  • Mackay Shields LLC's largest Q3 2020 buy was Invesco National AMT-Free Municipal Bond ETF: 5,500,000 shares worth $146M.
  • Mackay Shields LLC added most to BlackRock Municipal 2030 Target Term Trust in Q3 2020, an estimated $30.3M increase.
  • Mackay Shields LLC's biggest Q3 2020 reduction was O'Reilly Automotive, cutting an estimated $20M.
  • Mackay Shields LLC fully exited Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in Q3 2020, selling an estimated $27.5M.
  • Mackay Shields LLC's ten largest holdings make up 27% of its $14.7B portfolio in Q3 2020.
  • Mackay Shields LLC opened 167 new positions and closed 209 in Q3 2020.
  • Mackay Shields LLC's portfolio value rose 17% quarter-over-quarter to $14.7B.

Based on Mackay Shields LLC's 13F filing for Q3 2020, filed 4 Nov 2020.