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
+0.84%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.63B
AUM Growth
+$58M
Cap. Flow
-$2.79B
Cap. Flow %
-76.84%
Top 10 Hldgs %
27.44%
Holding
147
New
2
Increased
–
Reduced
11
Closed
10

Top Buys

Rank Stock Value
1
APO.PRA icon
Apollo Global Management Series A
APO.PRA
+$59.5M
2
FLR icon
Fluor
FLR
+$28.4M

Top Sells

Rank Stock Value
1
PCGU
PG&E Corporation
PCGU
+$60.5M
2
NICE icon
Nice
NICE
+$59.1M
3
KKR.PRC
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
+$40.3M
4
GPOR icon
Gulfport Energy Corp
GPOR
+$18.8M
5
MYN icon
BlackRock MuniYield New York Quality Fund
MYN
+$2.63M

Sector Composition

Rank Sector Weight
1 Energy 8.3%
2 Healthcare 1.06%
3 Industrials 0.86%
4 Utilities 0.02%
5 Technology 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VFL
26
DELISTED
abrdn National Municipal Income Fund
VFL
$3.46M 0.1%
401,695
– –
MQY icon
27
BlackRock MuniYield Quality Fund
MQY
$808M
$3.28M 0.09%
357,837
– –
MAV
28
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$3.25M 0.09%
517,619
– –
NQP
29
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$2.37M 0.07%
233,310
– –
MHI
30
DELISTED
Pioneer Municipal High Income Fund
MHI
$2.35M 0.06%
360,887
– –
MFM
31
Aberdeen Municipal Income Fund
MFM
$224M
$1.52M 0.04%
333,155
– –
LQD icon
32
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
$1.46M 0.04%
14,280
– –
KTF
33
DWS Municipal Income Trust
KTF
$347M
$1.24M 0.03%
176,016
– –
NINE
34
DELISTED
Nine Energy Service
NINE
$1.15M 0.03%
264,450
-32,775
-11% -$148K
MBB icon
35
iShares MBS ETF
MBB
$38.9B
$804K 0.02%
9,050
– –
BNY
36
DELISTED
BlackRock New York Municipal Income Trust
BNY
$670K 0.02%
78,984
– –
VST icon
37
Vistra
VST
$57B
$558K 0.02%
13,918
– –
VPV icon
38
Invesco Pennsylvania Value Municipal Income Trust
VPV
$193M
$524K 0.01%
60,475
– –
IEI icon
39
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
$349K 0.01%
3,080
– –
NBO
40
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
$226K 0.01%
25,745
– –
TLT icon
41
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
$225K 0.01%
2,535
– –
AWF
42
AllianceBernstein Global High Income Fund
AWF
$869M
– –
-27,416
Closed -$273K
BTZ icon
43
BlackRock Credit Allocation Income Trust
BTZ
$930M
– –
-24,340
Closed -$247K
DSL
44
DoubleLine Income Solutions Fund
DSL
$1.22B
– –
-21,256
Closed -$253K
GHY
45
PGIM Global High Yield Fund
GHY
$480M
– –
-22,844
Closed -$251K
JQC icon
46
Nuveen Credit Strategies Income Fund
JQC
$702M
– –
-49,712
Closed -$251K
NICE icon
47
Nice
NICE
$5.09B
– –
-286,433
Closed -$59.1M
QYLD icon
48
Global X NASDAQ-100 Covered Call ETF
QYLD
$8B
– –
-19,046
Closed -$338K
ZROZ icon
49
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.34B
– –
-2,310
Closed -$213K
KKR.PRC
50
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
– –
-608,607
Closed -$40.3M
1
2
3

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 Q3 2023 Portfolio in Review

As of Q3 2023, Mackay Shields LLC held 147 positions worth $3.63B, up 1.6% from $3.58B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Mackay Shields LLC withdrew a net $2.79B in Q3 2023, closing 10 positions and reducing 11 holdings. Its most notable exit was PG&E Corporation, an estimated $60.5M position sold in full.

By sector, the portfolio is most concentrated in Energy at 8.3% of assets, up from 7.5% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Mackay Shields LLC opened a new position in Apollo Global Management Series A worth $60.6M.

  • Mackay Shields LLC's largest Q3 2023 buy was Apollo Global Management Series A: 1,102,499 shares worth $60.6M.
  • Mackay Shields LLC's biggest Q3 2023 reduction was Gulfport Energy Corp, cutting an estimated $18.8M.
  • Mackay Shields LLC fully exited PG&E Corporation in Q3 2023, selling an estimated $60.5M.
  • Mackay Shields LLC's ten largest holdings make up 27% of its $3.63B portfolio in Q3 2023.
  • Mackay Shields LLC opened 2 new positions and closed 10 in Q3 2023.
  • Mackay Shields LLC's portfolio value rose 1.6% quarter-over-quarter to $3.63B.

Based on Mackay Shields LLC's 13F filing for Q3 2023, filed 25 Oct 2023.