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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
+1.28%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.58B
AUM Growth
-$65.1M
Cap. Flow
-$2.73B
Cap. Flow %
-76.38%
Top 10 Hldgs %
26.03%
Holding
151
New
1
Increased
3
Reduced
25
Closed
4

Top Buys

Rank Stock Value
1
DHR icon
Danaher
DHR
+$35.9M
2
NICE icon
Nice
NICE
+$10.7M
3
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$57.7K
4
GTLS.PRB
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
+$51.7K

Top Sells

Rank Stock Value
1
DHR.PRB
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
+$109M
2
GPOR icon
Gulfport Energy Corp
GPOR
+$46.3M
3
BDXB
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
+$17.6M
4
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$4.37M
5
CHRD icon
Chord Energy
CHRD
+$3.02M

Sector Composition

Rank Sector Weight
1 Energy 7.47%
2 Technology 1.65%
3 Healthcare 1.01%
4 Utilities 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ENX
26
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$4.2M 0.12%
446,890
-47,840
-10% -$455K
MQY icon
27
BlackRock MuniYield Quality Fund
MQY
$811M
$4.14M 0.12%
357,837
-102,812
-22% -$1.19M
MAV
28
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$4.09M 0.11%
517,619
-4,791
-0.9% -$38.1K
VFL
29
DELISTED
abrdn National Municipal Income Fund
VFL
$4.03M 0.11%
401,695
-21,385
-5% -$219K
MHI
30
DELISTED
Pioneer Municipal High Income Fund
MHI
$3.08M 0.09%
360,887
-68,250
-16% -$588K
NQP
31
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$2.62M 0.07%
233,310
-102,741
-31% -$1.15M
MFM
32
Aberdeen Municipal Income Fund
MFM
$225M
$1.7M 0.05%
333,155
– –
LQD icon
33
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
$1.54M 0.04%
14,280
– –
KTF
34
DWS Municipal Income Trust
KTF
$347M
$1.52M 0.04%
176,016
-3,362
-2% -$29.1K
NINE
35
DELISTED
Nine Energy Service
NINE
$1.14M 0.03%
297,225
-61,025
-17% -$235K
MBB icon
36
iShares MBS ETF
MBB
$38.9B
$844K 0.02%
9,050
– –
BNY
37
DELISTED
BlackRock New York Municipal Income Trust
BNY
$817K 0.02%
78,984
-26,154
-25% -$266K
VPV icon
38
Invesco Pennsylvania Value Municipal Income Trust
VPV
$193M
$596K 0.02%
60,475
-5,349
-8% -$52.7K
VST icon
39
Vistra
VST
$56.2B
$365K 0.01%
13,918
– –
IEI icon
40
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
$355K 0.01%
3,080
– –
QYLD icon
41
Global X NASDAQ-100 Covered Call ETF
QYLD
$8B
$338K 0.01%
19,046
– –
AWF
42
AllianceBernstein Global High Income Fund
AWF
$868M
$273K 0.01%
27,416
– –
TLT icon
43
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
$261K 0.01%
2,535
– –
DSL
44
DoubleLine Income Solutions Fund
DSL
$1.22B
$253K 0.01%
21,256
– –
JQC icon
45
Nuveen Credit Strategies Income Fund
JQC
$702M
$251K 0.01%
49,712
– –
GHY
46
PGIM Global High Yield Fund
GHY
$480M
$251K 0.01%
22,844
– –
BTZ icon
47
BlackRock Credit Allocation Income Trust
BTZ
$932M
$247K 0.01%
24,340
– –
NBO
48
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
$245K 0.01%
25,745
– –
ZROZ icon
49
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.34B
$213K 0.01%
2,310
– –
EIM
50
Eaton Vance Municipal Bond Fund
EIM
$496M
– –
-29,175
Closed -$303K
1
2
3

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MASUI
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LMIM
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Mackay Shields LLC's Q2 2023 Portfolio in Review

As of Q2 2023, Mackay Shields LLC held 151 positions worth $3.58B, down 1.8% from $3.64B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Mackay Shields LLC withdrew a net $2.73B in Q2 2023, closing 4 positions and reducing 25 holdings. Its most notable exit was Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B, an estimated $109M position sold in full.

By sector, the portfolio is most concentrated in Energy at 7.5% of assets, down from 7.6% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Mackay Shields LLC opened a new position in Danaher worth $36.1M.

  • Mackay Shields LLC's largest Q2 2023 buy was Danaher: 169,445 shares worth $36.1M.
  • Mackay Shields LLC added most to Nice in Q2 2023, an estimated $10.7M increase.
  • Mackay Shields LLC's biggest Q2 2023 reduction was Gulfport Energy Corp, cutting an estimated $46.3M.
  • Mackay Shields LLC fully exited Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B in Q2 2023, selling an estimated $109M.
  • Mackay Shields LLC's ten largest holdings make up 26% of its $3.58B portfolio in Q2 2023.
  • Mackay Shields LLC opened 1 new position and closed 4 in Q2 2023.
  • Mackay Shields LLC's portfolio value fell 1.8% quarter-over-quarter to $3.58B.

Based on Mackay Shields LLC's 13F filing for Q2 2023, filed 27 Jul 2023.