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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
+1.26%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.43B
AUM Growth
-$207M
Cap. Flow
-$2.91B
Cap. Flow %
-84.95%
Top 10 Hldgs %
25.88%
Holding
145
New
10
Increased
6
Reduced
9
Closed
6

Top Buys

Rank Stock Value
1
NEE.PRR
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
+$22M
2
CWB icon
State Street SPDR Bloomberg Convertible Securities ETF
CWB
+$4.47M
3
MYN icon
BlackRock MuniYield New York Quality Fund
MYN
+$2.54M
4
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$1.03M
5
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$845K

Top Sells

Rank Stock Value
1
GPOR icon
Gulfport Energy Corp
GPOR
+$47.2M
2
FLR icon
Fluor
FLR
+$31.1M
3
APO.PRA icon
Apollo Global Management Series A
APO.PRA
+$18.9M
4
DHR icon
Danaher
DHR
+$4.09M
5
CHRD icon
Chord Energy
CHRD
+$1.46M

Sector Composition

Rank Sector Weight
1 Energy 6.86%
2 Healthcare 1.01%
3 Utilities 0.02%
4 Industrials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MAV
26
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$4.15M 0.12%
517,619
– –
ENX
27
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$4.12M 0.12%
426,471
+605
+0.1% +$5.29K
VFL
28
DELISTED
abrdn National Municipal Income Fund
VFL
$4.1M 0.12%
401,695
– –
MHI
29
DELISTED
Pioneer Municipal High Income Fund
MHI
$3.11M 0.09%
360,887
– –
NQP
30
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$2.7M 0.08%
233,310
– –
MFM
31
Aberdeen Municipal Income Fund
MFM
$224M
$1.72M 0.05%
333,155
– –
KTF
32
DWS Municipal Income Trust
KTF
$347M
$1.56M 0.05%
176,016
– –
NZF icon
33
Nuveen Municipal Credit Income Fund
NZF
$2.41B
$1.11M 0.03%
+94,260
New +$1.03M
MUI
34
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$914K 0.03%
+78,560
New +$845K
BNY
35
DELISTED
BlackRock New York Municipal Income Trust
BNY
$832K 0.02%
78,984
– –
VPV icon
36
Invesco Pennsylvania Value Municipal Income Trust
VPV
$193M
$605K 0.02%
60,475
– –
NINE
37
DELISTED
Nine Energy Service
NINE
$605K 0.02%
225,571
-38,879
-15% -$112K
NVG icon
38
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.66B
$579K 0.02%
+49,026
New +$533K
VST icon
39
Vistra
VST
$57B
$536K 0.02%
13,918
– –
MUC icon
40
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
$449K 0.01%
+40,376
New +$410K
BLE
41
DELISTED
BlackRock Municipal Income Trust II
BLE
$317K 0.01%
+29,655
New +$291K
MVF
42
DELISTED
BlackRock MuniVest Fund
MVF
$316K 0.01%
+44,425
New +$288K
BYM
43
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$287K 0.01%
+25,610
New +$265K
BFK
44
DELISTED
BlackRock Municipal Income Trust
BFK
$223K 0.01%
+22,131
New +$209K
MYD
45
DELISTED
BlackRock MuniYield Fund
MYD
$199K 0.01%
+18,500
New +$182K
FLR icon
46
Fluor
FLR
$7.44B
– –
-848,588
Closed -$31.1M
IEI icon
47
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
– –
-3,080
Closed -$349K
LQD icon
48
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
– –
-14,280
Closed -$1.46M
MBB icon
49
iShares MBS ETF
MBB
$38.9B
– –
-9,050
Closed -$804K
TLT icon
50
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
– –
-2,535
Closed -$225K
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 2023 Portfolio in Review

As of Q4 2023, Mackay Shields LLC held 145 positions worth $3.43B, down 5.7% from $3.63B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Mackay Shields LLC withdrew a net $2.91B in Q4 2023, closing 6 positions and reducing 9 holdings. Its most notable exit was Fluor, an estimated $31.1M position sold in full.

By sector, the portfolio is most concentrated in Energy at 6.9% of assets, down from 8.3% a quarter earlier, followed by Healthcare and Utilities.

Against the trend, Mackay Shields LLC opened a new position in State Street SPDR Bloomberg Convertible Securities ETF worth $4.75M.

  • Mackay Shields LLC's largest Q4 2023 buy was State Street SPDR Bloomberg Convertible Securities ETF: 65,864 shares worth $4.75M.
  • Mackay Shields LLC added most to NextEra Energy, Inc. 6.926% Corporate Units in Q4 2023, an estimated $22M increase.
  • Mackay Shields LLC's biggest Q4 2023 reduction was Gulfport Energy Corp, cutting an estimated $47.2M.
  • Mackay Shields LLC fully exited Fluor in Q4 2023, selling an estimated $31.1M.
  • Mackay Shields LLC's ten largest holdings make up 26% of its $3.43B portfolio in Q4 2023.
  • Mackay Shields LLC opened 10 new positions and closed 6 in Q4 2023.
  • Mackay Shields LLC's portfolio value fell 5.7% quarter-over-quarter to $3.43B.

Based on Mackay Shields LLC's 13F filing for Q4 2023, filed 2 Feb 2024.