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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
-13.69%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$10.8B
AUM Growth
-$3.69B
Cap. Flow
-$3.42B
Cap. Flow %
-31.63%
Top 10 Hldgs %
20.62%
Holding
1,566
New
241
Increased
339
Reduced
634
Closed
183

Top Buys

Rank Stock Value
1
NICE icon
Nice
NICE
+$27.9M
2
ALGN icon
Align Technology
ALGN
+$21.4M
3
SPGI icon
S&P Global
SPGI
+$16.1M
4
GEN icon
Gen Digital
GEN
+$15.2M
5
TSLA icon
Tesla
TSLA
+$15.1M

Top Sells

Rank Stock Value
1
VOO icon
Vanguard S&P 500 ETF
VOO
+$214M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$64.5M
3
PZA icon
Invesco National AMT-Free Municipal Bond ETF
PZA
+$45M
4
RTX icon
RTX Corp
RTX
+$37.4M
5
CDNS icon
Cadence Design Systems
CDNS
+$25.6M

Sector Composition

Rank Sector Weight
1 Technology 16.19%
2 Healthcare 10.63%
3 Financials 8.6%
4 Consumer Discretionary 7.17%
5 Communication Services 5.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COST icon
26
Costco
COST
$415B
$41.9M 0.39%
146,958
-35,461
-19% -$10.8M
ABBV icon
27
AbbVie
ABBV
$458B
$41.2M 0.38%
540,917
-106,815
-16% -$9.1M
MMIT icon
28
IQ MacKay Municipal Intermediate ETF
MMIT
$1.46B
$41.1M 0.38%
1,596,150
– –
T icon
29
AT&T
T
$165B
$40.2M 0.37%
1,825,262
-222,160
-11% -$6.07M
BDXA
30
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
$39.8M 0.37%
730,782
+839
+0.1% +$50.8K
PFE icon
31
Pfizer
PFE
$140B
$39.1M 0.36%
1,262,014
+162,728
+15% +$5.54M
PEP icon
32
PepsiCo
PEP
$186B
$38.2M 0.35%
317,665
+6,993
+2% +$945K
WMT icon
33
Walmart Inc
WMT
$871B
$38.1M 0.35%
1,007,079
-136,500
-12% -$5.25M
CRM icon
34
Salesforce
CRM
$134B
$38.1M 0.35%
264,300
-11,815
-4% -$2.03M
CSCO icon
35
Cisco
CSCO
$450B
$37.8M 0.35%
962,258
-77,317
-7% -$3.39M
KO icon
36
Coca-Cola
KO
$354B
$37.7M 0.35%
853,008
+14,898
+2% +$805K
NFLX icon
37
Netflix
NFLX
$292B
$36.8M 0.34%
980,340
+73,790
+8% +$2.61M
LMT icon
38
Lockheed Martin
LMT
$134B
$36.6M 0.34%
108,128
-14,522
-12% -$5.71M
QCOM icon
39
Qualcomm
QCOM
$176B
$35M 0.32%
517,217
-55,126
-10% -$4.52M
MMIN icon
40
IQ MacKay Municipal Insured ETF
MMIN
$463M
$34.3M 0.32%
1,291,650
-301,100
-19% -$7.97M
CMCSA icon
41
Comcast
CMCSA
$79.7B
$34M 0.31%
987,703
-320,168
-24% -$13.5M
PYPL icon
42
PayPal
PYPL
$49.5B
$33.6M 0.31%
350,901
-23,058
-6% -$2.55M
DIS icon
43
Walt Disney
DIS
$165B
$32.9M 0.3%
340,638
-11,374
-3% -$1.44M
AMT icon
44
American Tower
AMT
$77.7B
$31.4M 0.29%
144,430
-45,416
-24% -$10.6M
LRCX icon
45
Lam Research
LRCX
$382B
$31.2M 0.29%
1,298,440
-188,890
-13% -$5.44M
AVGOP
46
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
$31M 0.29%
33,112
+99
+0.3% +$106K
LLY icon
47
Eli Lilly
LLY
$1.07T
$31M 0.29%
223,204
+71,310
+47% +$9.8M
CHTR icon
48
Charter Communications
CHTR
$15.2B
$30.8M 0.29%
70,648
-15,026
-18% -$7.35M
AVGO icon
49
Broadcom
AVGO
$1.82T
$29.9M 0.28%
1,262,590
-535,070
-30% -$15.1M
XOM icon
50
ExxonMobil
XOM
$651B
$29.7M 0.28%
783,108
-58,704
-7% -$3.24M
1
2
3 4 5

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MASUI
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Mackay Shields LLC's Q1 2020 Portfolio in Review

As of Q1 2020, Mackay Shields LLC held 1,566 positions worth $10.8B, down 25% from $14.5B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Mackay Shields LLC withdrew a net $3.42B in Q1 2020, closing 183 positions and reducing 634 holdings. Its most notable exit was Invesco National AMT-Free Municipal Bond ETF, an estimated $45M position sold in full.

By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Mackay Shields LLC opened a new position in Nice worth $24.8M.

  • Mackay Shields LLC's largest Q1 2020 buy was Nice: 172,846 shares worth $24.8M.
  • Mackay Shields LLC added most to Align Technology in Q1 2020, an estimated $21.4M increase.
  • Mackay Shields LLC's biggest Q1 2020 reduction was Vanguard S&P 500 ETF, cutting an estimated $214M.
  • Mackay Shields LLC fully exited Invesco National AMT-Free Municipal Bond ETF in Q1 2020, selling an estimated $45M.
  • Mackay Shields LLC's ten largest holdings make up 21% of its $10.8B portfolio in Q1 2020.
  • Mackay Shields LLC opened 241 new positions and closed 183 in Q1 2020.
  • Mackay Shields LLC's portfolio value fell 25% quarter-over-quarter to $10.8B.

Based on Mackay Shields LLC's 13F filing for Q1 2020, filed 8 May 2020.