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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
INTC icon
26
Intel
INTC
$481B
$54.8M 0.37%
1,057,603
+42,440
+4% +$2.21M
MRK icon
27
Merck
MRK
$324B
$54.6M 0.37%
690,188
-14,614
-2% -$1.14M
QCOM icon
28
Qualcomm
QCOM
$178B
$54.5M 0.37%
463,070
-38,832
-8% -$4.15M
NFLX icon
29
Netflix
NFLX
$292B
$52.5M 0.36%
1,049,920
+18,380
+2% +$915K
WMT icon
30
Walmart Inc
WMT
$868B
$49M 0.33%
1,051,047
-30,828
-3% -$1.37M
PFE icon
31
Pfizer
PFE
$140B
$48.1M 0.33%
1,380,077
+115,122
+9% +$4.04M
WFC.PRL icon
32
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.68B
$47.8M 0.32%
35,618
-49
-0.1% -$66.2K
VZ icon
33
Verizon
VZ
$189B
$47.7M 0.32%
802,381
+30,341
+4% +$1.76M
ABT icon
34
Abbott
ABT
$180B
$46.1M 0.31%
423,649
+87,406
+26% +$8.87M
AMGN icon
35
Amgen
AMGN
$203B
$45.9M 0.31%
180,579
-28,987
-14% -$7.18M
TSM icon
36
TSMC
TSM
$2.11T
$43.7M 0.3%
538,994
-127,537
-19% -$9.69M
DIS icon
37
Walt Disney
DIS
$166B
$43.5M 0.3%
350,667
+9,277
+3% +$1.16M
ABBV icon
38
AbbVie
ABBV
$457B
$43.1M 0.29%
491,967
-146,081
-23% -$13.8M
BTT icon
39
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
$42.7M 0.29%
1,707,894
+1,226,895
+255% +$30.3M
LOW icon
40
Lowe's Companies
LOW
$116B
$40.9M 0.28%
246,714
+108,421
+78% +$16.7M
PEP icon
41
PepsiCo
PEP
$186B
$40.4M 0.27%
291,443
-4,952
-2% -$674K
CMCSA icon
42
Comcast
CMCSA
$79.4B
$40.3M 0.27%
870,693
+4,768
+0.6% +$207K
CHTR icon
43
Charter Communications
CHTR
$14.8B
$39.8M 0.27%
63,696
-9,564
-13% -$5.64M
SWT
44
DELISTED
Stanley Black & Decker, Inc.
SWT
$39.2M 0.27%
384,500
+15,700
+4% +$1.53M
LMT icon
45
Lockheed Martin
LMT
$133B
$38.8M 0.26%
101,263
-8,211
-8% -$3.13M
SPGI icon
46
S&P Global
SPGI
$126B
$38.6M 0.26%
107,005
+35,807
+50% +$12.6M
T icon
47
AT&T
T
$163B
$38.5M 0.26%
1,787,469
+23,085
+1% +$516K
COST icon
48
Costco
COST
$414B
$38.2M 0.26%
107,577
-8,739
-8% -$2.94M
KO icon
49
Coca-Cola
KO
$352B
$38M 0.26%
770,214
+12,550
+2% +$604K
NOW icon
50
ServiceNow
NOW
$101B
$36.9M 0.25%
380,355
+8,320
+2% +$743K
1
2
3 4 5

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MASUI
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LMIM
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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.