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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
+0.17%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$1.84B
AUM Growth
-$4.99M
Cap. Flow
-$1.4B
Cap. Flow %
-76.03%
Top 10 Hldgs %
29.11%
Holding
119
New
6
Increased
3
Reduced
15
Closed
9

Top Buys

Rank Stock Value
1
CAR icon
Avis
CAR
+$5.46M
2
EOT
Eaton Vance National Municipal Opportunities Trust
EOT
+$3.85M
3
VMM
Delaware Investments Minnesota Municipal Income Fund II
VMM
+$1.86M
4
PMO
Franklin Municipal Opportunities Trust
PMO
+$893K
5
BTA
BlackRock Long-Term Municipal Advantage Trust
BTA
+$379K

Top Sells

Rank Stock Value
1
SWK icon
Stanley Black & Decker
SWK
+$10.2M
2
RTX icon
RTX Corp
RTX
+$9.22M
3
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
+$6.82M
4
GM icon
General Motors
GM
+$4.99M
5
NPP
NUVEEN PERFORMANCE+MUN FUND
NPP
+$3.87M

Sector Composition

Rank Sector Weight
1 Industrials 1.84%
2 Consumer Discretionary 0.84%
3 Energy 0.66%
4 Real Estate 0.5%
5 Financials 0.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VKQ icon
26
Invesco Municipal Trust
VKQ
$541M
$5.19M 0.28%
389,697
– –
NRK icon
27
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$914M
$5.04M 0.27%
374,856
– –
NMA
28
DELISTED
NUVEEN MUNI ADVANTAGE FUND
NMA
$4.3M 0.23%
299,782
– –
EOT
29
Eaton Vance National Municipal Opportunities Trust
EOT
$270M
$3.92M 0.21%
+175,913
New +$3.85M
MUS
30
DELISTED
BLACKROCK MUNIHOLDINGS QUALITY FUND, INC.
MUS
$3.83M 0.21%
272,227
– –
IQI icon
31
Invesco Quality Municipal Securities
IQI
$530M
$3.1M 0.17%
234,076
– –
NZF icon
32
Nuveen Municipal Credit Income Fund
NZF
$2.43B
$2.51M 0.14%
167,544
-223,988
-57% -$3.27M
WY.PRA
33
DELISTED
WEYERHAEUSER COMP PREF CONV SER A (WA)
WY.PRA
$2.24M 0.12%
43,700
– –
VMM
34
DELISTED
Delaware Investments Minnesota Municipal Income Fund II
VMM
$1.96M 0.11%
+133,462
New +$1.86M
BFO
35
DELISTED
Blackrock Florida Municipal 2020 Term Trust
BFO
$1.85M 0.1%
122,063
+3,806
+3% +$57.3K
MYF
36
DELISTED
Blackrock Muni Yield Investment Fund, Inc.
MYF
$1.81M 0.1%
112,418
-23,647
-17% -$376K
NUM
37
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
$1.19M 0.06%
82,648
-67,094
-45% -$935K
PMO
38
Franklin Municipal Opportunities Trust
PMO
$288M
$908K 0.05%
+71,513
New +$893K
MFM
39
Aberdeen Municipal Income Fund
MFM
$227M
$453K 0.02%
63,391
-4,426
-7% -$30.9K
BTA
40
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
$387K 0.02%
+32,505
New +$379K
CXE
41
DELISTED
MFS High Income Municipal Trust
CXE
$153K 0.01%
29,699
-235,362
-89% -$1.19M
NNY icon
42
Nuveen New York Municipal Value Fund
NNY
$162M
$153K 0.01%
+15,192
New +$152K
CWB icon
43
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.81B
– –
-84,687
Closed -$3.67M
MQT
44
DELISTED
BlackRock MuniYield Quality Fund II
MQT
– –
-84,054
Closed -$1.12M
MUE
45
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
– –
-137,761
Closed -$1.88M
MUJ icon
46
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$646M
– –
-22,040
Closed -$318K
SWK icon
47
Stanley Black & Decker
SWK
$13.9B
– –
-95,802
Closed -$10.2M
VRNT
48
DELISTED
Verint Systems
VRNT
– –
-104
Closed -$2K
NPP
49
DELISTED
NUVEEN PERFORMANCE+MUN FUND
NPP
– –
-258,986
Closed -$3.87M
NQU
50
DELISTED
NUVEEN QUALITY INCOME MUNI FD
NQU
– –
-88,169
Closed -$1.25M
1
2
3

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PA
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MASUI
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LMIM
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XL
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PCM
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CIAS
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CA
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Mackay Shields LLC's Q1 2016 Portfolio in Review

As of Q1 2016, Mackay Shields LLC held 119 positions worth $1.84B, down 0.27% from $1.84B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Mackay Shields LLC withdrew a net $1.4B in Q1 2016, closing 9 positions and reducing 15 holdings. Its most notable exit was Stanley Black & Decker, an estimated $10.2M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 1.8% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.

Against the trend, Mackay Shields LLC opened a new position in Avis worth $5.47M.

  • Mackay Shields LLC's largest Q1 2016 buy was Avis: 200,000 shares worth $5.47M.
  • Mackay Shields LLC added most to American Tower Corporation in Q1 2016, an estimated $320K increase.
  • Mackay Shields LLC's biggest Q1 2016 reduction was RTX Corp, cutting an estimated $9.22M.
  • Mackay Shields LLC fully exited Stanley Black & Decker in Q1 2016, selling an estimated $10.2M.
  • Mackay Shields LLC's ten largest holdings make up 29% of its $1.84B portfolio in Q1 2016.
  • Mackay Shields LLC opened 6 new positions and closed 9 in Q1 2016.
  • Mackay Shields LLC's portfolio value fell 0.27% quarter-over-quarter to $1.84B.

Based on Mackay Shields LLC's 13F filing for Q1 2016, filed 21 Apr 2016.