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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
+0.05%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.95B
AUM Growth
-$167M
Cap. Flow
-$3B
Cap. Flow %
-75.87%
Top 10 Hldgs %
28.36%
Holding
247
New
4
Increased
5
Reduced
26
Closed
6

Top Buys

Rank Stock Value
1
CHRD icon
Chord Energy
CHRD
+$18.9M
2
ACWX icon
iShares MSCI ACWI ex US ETF
ACWX
+$15.1M
3
AVGO icon
Broadcom
AVGO
+$9.59M
4
KOS icon
Kosmos Energy
KOS
+$2.86M
5
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$402K

Top Sells

Rank Stock Value
1
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$44.5M
2
WLL
Whiting Petroleum Corporation
WLL
+$18.3M
3
RBCP
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
+$3.29M
4
MUC icon
BlackRock MuniHoldings California Quality Fund
MUC
+$2.46M
5
GPOR icon
Gulfport Energy Corp
GPOR
+$2.38M

Sector Composition

Rank Sector Weight
1 Energy 7.15%
2 Technology 1.13%
3 Financials 0.51%
4 Utilities 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MYN icon
26
BlackRock MuniYield New York Quality Fund
MYN
$375M
$9.17M 0.23%
972,655
-38,564
-4% -$404K
VFL
27
DELISTED
abrdn National Municipal Income Fund
VFL
$8.9M 0.23%
817,042
– –
PDCE
28
DELISTED
PDC Energy, Inc.
PDCE
$8.88M 0.22%
153,669
– –
AVGO icon
29
Broadcom
AVGO
$1.85T
$8.33M 0.21%
+187,710
New +$9.59M
NRK icon
30
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$905M
$7.61M 0.19%
775,232
-16,173
-2% -$178K
MHD icon
31
BlackRock MuniHoldings Fund
MHD
$599M
$7.18M 0.18%
638,616
-120,772
-16% -$1.55M
MAV
32
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$6.81M 0.17%
902,007
-101,444
-10% -$893K
KOS icon
33
Kosmos Energy
KOS
$1.62B
$6.55M 0.17%
1,267,346
+472,089
+59% +$2.86M
MHI
34
DELISTED
Pioneer Municipal High Income Fund
MHI
$6.08M 0.15%
740,248
-47,111
-6% -$447K
NQP
35
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$5.67M 0.14%
517,097
– –
MQY icon
36
BlackRock MuniYield Quality Fund
MQY
$810M
$5.09M 0.13%
460,649
-8,126
-2% -$102K
ENX
37
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$4.18M 0.11%
494,730
– –
VPV icon
38
Invesco Pennsylvania Value Municipal Income Trust
VPV
$194M
$2.78M 0.07%
287,761
-86,159
-23% -$918K
NAD icon
39
Nuveen Quality Municipal Income Fund
NAD
$2.71B
$2.07M 0.05%
188,362
– –
IQI icon
40
Invesco Quality Municipal Securities
IQI
$526M
$1.76M 0.04%
192,750
– –
CRC icon
41
California Resources
CRC
$4.85B
$1.66M 0.04%
43,073
-41,375
-49% -$1.8M
MFM
42
Aberdeen Municipal Income Fund
MFM
$224M
$1.61M 0.04%
333,155
– –
KTF
43
DWS Municipal Income Trust
KTF
$347M
$1.49M 0.04%
179,378
-44,013
-20% -$409K
BNY
44
DELISTED
BlackRock New York Municipal Income Trust
BNY
$1.03M 0.03%
105,138
– –
MBB icon
45
iShares MBS ETF
MBB
$38.9B
$678K 0.02%
7,400
+473
+7% +$45.9K
IEI icon
46
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
$593K 0.02%
5,190
+2,790
+116% +$330K
EIM
47
Eaton Vance Municipal Bond Fund
EIM
$496M
$583K 0.01%
60,261
– –
LQD icon
48
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
$541K 0.01%
5,280
– –
BSX.PRA
49
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
$349K 0.01%
3,400
-21
-0.6% -$2.22K
BIL icon
50
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
$302K 0.01%
+3,300
New +$302K
1
2
3

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MASUI
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Mackay Shields LLC's Q3 2022 Portfolio in Review

As of Q3 2022, Mackay Shields LLC held 247 positions worth $3.95B, down 4% from $4.12B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Mackay Shields LLC withdrew a net $3B in Q3 2022, closing 6 positions and reducing 26 holdings. Its most notable exit was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A, an estimated $44.5M position sold in full.

By sector, the portfolio is most concentrated in Energy at 7.1% of assets, up from 6.3% a quarter earlier, followed by Technology and Financials.

Against the trend, Mackay Shields LLC opened a new position in Chord Energy worth $20.1M.

  • Mackay Shields LLC's largest Q3 2022 buy was Chord Energy: 147,062 shares worth $20.1M.
  • Mackay Shields LLC added most to Kosmos Energy in Q3 2022, an estimated $2.86M increase.
  • Mackay Shields LLC's biggest Q3 2022 reduction was BlackRock MuniHoldings California Quality Fund, cutting an estimated $2.46M.
  • Mackay Shields LLC fully exited Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in Q3 2022, selling an estimated $44.5M.
  • Mackay Shields LLC's ten largest holdings make up 28% of its $3.95B portfolio in Q3 2022.
  • Mackay Shields LLC opened 4 new positions and closed 6 in Q3 2022.
  • Mackay Shields LLC's portfolio value fell 4% quarter-over-quarter to $3.95B.

Based on Mackay Shields LLC's 13F filing for Q3 2022, filed 2 Nov 2022.