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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
+0.56%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.92B
AUM Growth
-$35.6M
Cap. Flow
-$3.04B
Cap. Flow %
-77.64%
Top 10 Hldgs %
28.2%
Holding
249
New
3
Increased
5
Reduced
16
Closed
8

Top Buys

Rank Stock Value
1
NICE icon
Nice
NICE
+$14.7M
2
CWB icon
State Street SPDR Bloomberg Convertible Securities ETF
CWB
+$4.61M
3
NEE.PRR
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
+$410K
4
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$255K
5
MBB icon
iShares MBS ETF
MBB
+$152K

Top Sells

Rank Stock Value
1
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$19.4M
2
SWT
Stanley Black & Decker, Inc.
SWT
+$17.9M
3
MUC icon
BlackRock MuniHoldings California Quality Fund
MUC
+$15M
4
ACWX icon
iShares MSCI ACWI ex US ETF
ACWX
+$13.6M
5
AVGO icon
Broadcom
AVGO
+$8.33M

Sector Composition

Rank Sector Weight
1 Energy 6.6%
2 Technology 1.32%
3 Financials 0.56%
4 Utilities 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MHD icon
26
BlackRock MuniHoldings Fund
MHD
$600M
$7.75M 0.2%
638,616
– –
NQP
27
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$5.76M 0.15%
517,097
– –
MAV
28
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$5.46M 0.14%
674,002
-228,005
-25% -$1.79M
MQY icon
29
BlackRock MuniYield Quality Fund
MQY
$808M
$5.34M 0.14%
460,649
– –
CWB icon
30
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.74B
$4.55M 0.12%
+70,790
New +$4.61M
ENX
31
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$4.46M 0.11%
494,730
– –
VFL
32
DELISTED
abrdn National Municipal Income Fund
VFL
$4.39M 0.11%
423,080
-393,962
-48% -$4.31M
MHI
33
DELISTED
Pioneer Municipal High Income Fund
MHI
$3.92M 0.1%
456,702
-283,546
-38% -$2.41M
NAD icon
34
Nuveen Quality Municipal Income Fund
NAD
$2.71B
$2.22M 0.06%
188,362
– –
MFM
35
Aberdeen Municipal Income Fund
MFM
$224M
$1.73M 0.04%
333,155
– –
KTF
36
DWS Municipal Income Trust
KTF
$347M
$1.54M 0.04%
179,378
– –
CRC icon
37
California Resources
CRC
$4.82B
$1.44M 0.04%
33,073
-10,000
-23% -$438K
BNY
38
DELISTED
BlackRock New York Municipal Income Trust
BNY
$1.06M 0.03%
105,138
– –
MBB icon
39
iShares MBS ETF
MBB
$38.9B
$839K 0.02%
9,050
+1,650
+22% +$152K
VPV icon
40
Invesco Pennsylvania Value Municipal Income Trust
VPV
$193M
$769K 0.02%
78,503
-209,258
-73% -$2.03M
IEI icon
41
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
$711K 0.02%
6,190
+1,000
+19% +$115K
EIM
42
Eaton Vance Municipal Bond Fund
EIM
$495M
$626K 0.02%
60,261
– –
LQD icon
43
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
$557K 0.01%
5,280
– –
NEE.PRR
44
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
$430K 0.01%
+8,540
New +$410K
BSX.PRA
45
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
$391K 0.01%
3,400
– –
VST icon
46
Vistra
VST
$57B
$323K 0.01%
13,918
– –
QYLD icon
47
Global X NASDAQ-100 Covered Call ETF
QYLD
$8B
$306K 0.01%
19,246
– –
VVR icon
48
Invesco Senior Income Trust
VVR
$457M
$282K 0.01%
73,504
– –
BAB icon
49
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
$272K 0.01%
10,580
– –
JQC icon
50
Nuveen Credit Strategies Income Fund
JQC
$702M
$256K 0.01%
50,228
– –
1
2
3

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MASUI
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LMIM
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XL
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CIAS
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CA
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Mackay Shields LLC's Q4 2022 Portfolio in Review

As of Q4 2022, Mackay Shields LLC held 249 positions worth $3.92B, down 0.9% from $3.95B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Mackay Shields LLC withdrew a net $3.04B in Q4 2022, closing 8 positions and reducing 16 holdings. Its most notable exit was BlackRock Municipal Income Fund, Inc., an estimated $19.4M position sold in full.

By sector, the portfolio is most concentrated in Energy at 6.6% of assets, down from 7.1% a quarter earlier, followed by Technology and Financials.

Against the trend, Mackay Shields LLC opened a new position in State Street SPDR Bloomberg Convertible Securities ETF worth $4.55M.

  • Mackay Shields LLC's largest Q4 2022 buy was State Street SPDR Bloomberg Convertible Securities ETF: 70,790 shares worth $4.55M.
  • Mackay Shields LLC added most to Nice in Q4 2022, an estimated $14.7M increase.
  • Mackay Shields LLC's biggest Q4 2022 reduction was abrdn National Municipal Income Fund, cutting an estimated $4.31M.
  • Mackay Shields LLC fully exited BlackRock Municipal Income Fund, Inc. in Q4 2022, selling an estimated $19.4M.
  • Mackay Shields LLC's ten largest holdings make up 28% of its $3.92B portfolio in Q4 2022.
  • Mackay Shields LLC opened 3 new positions and closed 8 in Q4 2022.
  • Mackay Shields LLC's portfolio value fell 0.9% quarter-over-quarter to $3.92B.

Based on Mackay Shields LLC's 13F filing for Q4 2022, filed 31 Jan 2023.