We are live on ! Find out more
MSL

Mackay Shields LLC Portfolio holdings

AUM $2.73B
1-Year Est. Return 2.13%
This Fund
S&P 500
This Quarter Est. Return
+7.5%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$12B
AUM Growth
+$1.43B
Cap. Flow
-$2.83B
Cap. Flow %
-23.52%
Top 10 Hldgs %
25.06%
Holding
734
New
18
Increased
28
Reduced
483
Closed
17

Top Buys

Rank Stock Value
1
DHR.PRA
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
+$149M
2
KKR.PRC
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
+$58.3M
3
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$51.4M
4
MMCA icon
IQ MacKay California Municipal Intermediate ETF
MMCA
+$49.5M
5
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$47.7M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$11.4M
2
TSM icon
TSMC
TSM
+$10.6M
3
MSFT icon
Microsoft
MSFT
+$8.86M
4
VST icon
Vistra
VST
+$6.14M
5
AMZN icon
Amazon
AMZN
+$4.92M

Sector Composition

Rank Sector Weight
1 Technology 13.6%
2 Healthcare 6.46%
3 Financials 6.42%
4 Consumer Discretionary 6.05%
5 Communication Services 5.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PCGU
26
DELISTED
PG&E Corporation
PCGU
$48.1M 0.4%
415,650
-4,802
-1% -$542K
BAC.PRL icon
27
Bank of America Series L
BAC.PRL
$3.93B
$48M 0.4%
+33,131
New +$47.7M
MA icon
28
Mastercard
MA
$469B
$46.6M 0.39%
129,620
-3,499
-3% -$1.21M
WFC.PRL icon
29
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
$45.3M 0.38%
+30,369
New +$45.3M
DIS icon
30
Walt Disney
DIS
$161B
$42.1M 0.35%
271,605
-6,453
-2% -$1.04M
AVGO icon
31
Broadcom
AVGO
$1.87T
$41M 0.34%
615,490
-11,960
-2% -$672K
BTT icon
32
BlackRock Municipal 2030 Target Term Trust
BTT
$1.42B
$40.6M 0.34%
1,565,628
-3,605
-0.2% -$92.5K
ADBE icon
33
Adobe
ADBE
$84.3B
$40.3M 0.33%
71,034
-1,709
-2% -$1.07M
SWT
34
DELISTED
Stanley Black & Decker, Inc.
SWT
$40.1M 0.33%
367,400
-2,200
-0.6% -$238K
CSCO icon
35
Cisco
CSCO
$444B
$40M 0.33%
630,615
-14,534
-2% -$830K
NFLX icon
36
Netflix
NFLX
$287B
$39.9M 0.33%
662,560
-14,540
-2% -$929K
TMO icon
37
Thermo Fisher Scientific
TMO
$213B
$39.3M 0.33%
58,873
-1,252
-2% -$782K
XOM icon
38
ExxonMobil
XOM
$650B
$38.8M 0.32%
634,514
-15,096
-2% -$943K
AESC
39
DELISTED
The AES Corporation
AESC
$37.8M 0.31%
393,445
-6,122
-2% -$600K
COST icon
40
Costco
COST
$411B
$37.4M 0.31%
65,953
-1,592
-2% -$815K
ABT icon
41
Abbott
ABT
$175B
$37.2M 0.31%
264,318
-6,694
-2% -$857K
CRM icon
42
Salesforce
CRM
$129B
$37.2M 0.31%
146,296
-2,209
-1% -$621K
PEP icon
43
PepsiCo
PEP
$184B
$35.9M 0.3%
206,399
-4,779
-2% -$781K
ABBV icon
44
AbbVie
ABBV
$454B
$35.8M 0.3%
264,330
-6,058
-2% -$716K
KO icon
45
Coca-Cola
KO
$349B
$34.4M 0.29%
581,063
-12,820
-2% -$714K
CMCSA icon
46
Comcast
CMCSA
$78.3B
$34.3M 0.29%
682,099
-18,632
-3% -$971K
CVX icon
47
Chevron
CVX
$387B
$33.9M 0.28%
289,251
-7,641
-3% -$868K
PYPL icon
48
PayPal
PYPL
$49.4B
$33.1M 0.27%
175,401
-4,161
-2% -$900K
TALO icon
49
Talos Energy
TALO
$2.55B
$32.9M 0.27%
3,358,284
-10,361
-0.3% -$118K
LLY icon
50
Eli Lilly
LLY
$1.06T
$32.8M 0.27%
118,708
-2,700
-2% -$684K
1
2
3 4 5

Similar funds

GC
Giverny Capital Montreal, Quebec, Canada $2.73B AUM 14.09% 1-Year Est. Return
PA
Profund Advisors Bethesda, Maryland $2.72B AUM 47.27% 1-Year Est. Return
MASUI
MIRAE ASSET SECURITIES (USA) INC. New York $2.72B AUM 36.56% 1-Year Est. Return
LMIM
Lockheed Martin Investment Management Bethesda, Maryland $2.73B AUM 28.24% 1-Year Est. Return
XL
XN LP New York $2.72B AUM 46.67% 1-Year Est. Return
PCM
Patient Capital Management Baltimore, Maryland $2.74B AUM 43.59% 1-Year Est. Return
CIAS
CBIZ Investment Advisory Services Independence, Ohio $2.74B AUM 14.19% 1-Year Est. Return
CA
Cornerstone Advisors Asheville, North Carolina $2.72B AUM 22.17% 1-Year Est. Return

Mackay Shields LLC's Q4 2021 Portfolio in Review

As of Q4 2021, Mackay Shields LLC held 734 positions worth $12B, up 13% from $10.6B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Mackay Shields LLC withdrew a net $2.83B in Q4 2021, closing 17 positions and reducing 483 holdings. Its most notable exit was Kansas City Southern, an estimated $3.81M position sold in full.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Mackay Shields LLC opened a new position in Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A worth $157M.

  • Mackay Shields LLC's largest Q4 2021 buy was Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A: 71,691 shares worth $157M.
  • Mackay Shields LLC added most to Vanguard S&P 500 ETF in Q4 2021, an estimated $3.48M increase.
  • Mackay Shields LLC's biggest Q4 2021 reduction was Apple, cutting an estimated $11.4M.
  • Mackay Shields LLC fully exited Kansas City Southern in Q4 2021, selling an estimated $3.81M.
  • Mackay Shields LLC's ten largest holdings make up 25% of its $12B portfolio in Q4 2021.
  • Mackay Shields LLC opened 18 new positions and closed 17 in Q4 2021.
  • Mackay Shields LLC's portfolio value rose 13% quarter-over-quarter to $12B.

Based on Mackay Shields LLC's 13F filing for Q4 2021, filed 4 Feb 2022.