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
+0.76%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$2.94B
AUM Growth
-$182M
Cap. Flow
-$2.17B
Cap. Flow %
-73.93%
Top 10 Hldgs %
21.5%
Holding
144
New
3
Increased
6
Reduced
25
Closed
8

Top Buys

Rank Stock Value
1
NEE.PRS
NextEra Energy 7.299% Corporate Units
NEE.PRS
+$22.9M
2
GPOR icon
Gulfport Energy Corp
GPOR
+$20.1M
3
QXO.PRB
QXO Inc 5.50% Series B Preferred Stock
QXO.PRB
+$15.9M
4
WBD icon
Warner Bros
WBD
+$5.45M
5
NBH
Neuberger Municipal Fund Inc
NBH
+$525K

Top Sells

Rank Stock Value
1
NEE.PRR
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
+$48M
2
GTLS.PRB
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
+$24.4M
3
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$24.2M
4
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$18.8M
5
NAC icon
Nuveen California Quality Municipal Income Fund
NAC
+$18.4M

Sector Composition

Rank Sector Weight
1 Energy 1.82%
2 Technology 1.23%
3 Communication Services 0.41%
4 Consumer Staples 0.02%
5 Healthcare 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BFK
26
DELISTED
BlackRock Municipal Income Trust
BFK
$8.38M 0.29%
833,784
– –
NRK icon
27
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$904M
$8.14M 0.28%
797,635
– –
WBD icon
28
Warner Bros
WBD
$65.1B
$7.81M 0.27%
+400,000
New +$5.45M
MYD
29
DELISTED
BlackRock MuniYield Fund
MYD
$7.52M 0.26%
712,123
-32,637
-4% -$331K
MIY icon
30
BlackRock MuniYield Michigan Quality Fund
MIY
$352M
$7.5M 0.26%
664,819
– –
NAC icon
31
Nuveen California Quality Municipal Income Fund
NAC
$1.84B
$5.88M 0.2%
511,343
-1,639,526
-76% -$18.4M
GLD icon
32
SPDR Gold Trust
GLD
$130B
$5.45M 0.19%
15,336
– –
BYM
33
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$5.25M 0.18%
479,613
-1,448
-0.3% -$15.4K
VOD icon
34
Vodafone
VOD
$35.1B
$4.31M 0.15%
371,152
-220,272
-37% -$2.51M
MQY icon
35
BlackRock MuniYield Quality Fund
MQY
$808M
$4.17M 0.14%
357,837
– –
ENX
36
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$4.16M 0.14%
421,971
– –
VFL
37
DELISTED
abrdn National Municipal Income Fund
VFL
$4.12M 0.14%
401,695
– –
BLE
38
DELISTED
BlackRock Municipal Income Trust II
BLE
$3.8M 0.13%
363,951
-213,719
-37% -$2.14M
VGM icon
39
Invesco Trust Investment Grade Municipals
VGM
$550M
$3.75M 0.13%
370,162
– –
VKI icon
40
Invesco Advantage Municipal Income Trust II
VKI
$394M
$3.55M 0.12%
404,961
– –
EIM
41
Eaton Vance Municipal Bond Fund
EIM
$495M
$3.17M 0.11%
318,814
-81,373
-20% -$792K
VKQ icon
42
Invesco Municipal Trust
VKQ
$536M
$3.14M 0.11%
325,107
– –
VMO icon
43
Invesco Municipal Opportunity Trust
VMO
$647M
$2.98M 0.1%
307,705
– –
NQP
44
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$2.8M 0.1%
233,310
– –
MFM
45
Aberdeen Municipal Income Fund
MFM
$224M
$2.33M 0.08%
433,155
+100,000
+30% +$518K
BNY
46
DELISTED
BlackRock New York Municipal Income Trust
BNY
$2.21M 0.08%
218,559
– –
KTF
47
DWS Municipal Income Trust
KTF
$347M
$1.2M 0.04%
130,807
– –
BKN
48
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
$1.04M 0.04%
92,077
– –
IQI icon
49
Invesco Quality Municipal Securities
IQI
$526M
$936K 0.03%
94,994
-91,572
-49% -$870K
MVT
50
DELISTED
BlackRock MuniVest Fund II
MVT
$698K 0.02%
65,678
– –
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 2025 Portfolio in Review

As of Q3 2025, Mackay Shields LLC held 144 positions worth $2.94B, down 5.8% from $3.12B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Mackay Shields LLC withdrew a net $2.17B in Q3 2025, closing 8 positions and reducing 25 holdings. Its most notable exit was NextEra Energy, Inc. 6.926% Corporate Units, an estimated $48M position sold in full.

By sector, the portfolio is most concentrated in Energy at 1.8% of assets, up from 1.5% a quarter earlier, followed by Technology and Communication Services.

Against the trend, Mackay Shields LLC opened a new position in NextEra Energy 7.299% Corporate Units worth $23.3M.

  • Mackay Shields LLC's largest Q3 2025 buy was NextEra Energy 7.299% Corporate Units: 465,471 shares worth $23.3M.
  • Mackay Shields LLC added most to Gulfport Energy Corp in Q3 2025, an estimated $20.1M increase.
  • Mackay Shields LLC's biggest Q3 2025 reduction was Nuveen AMT-Free Quality Municipal Income Fund, cutting an estimated $24.2M.
  • Mackay Shields LLC fully exited NextEra Energy, Inc. 6.926% Corporate Units in Q3 2025, selling an estimated $48M.
  • Mackay Shields LLC's ten largest holdings make up 21% of its $2.94B portfolio in Q3 2025.
  • Mackay Shields LLC opened 3 new positions and closed 8 in Q3 2025.
  • Mackay Shields LLC's portfolio value fell 5.8% quarter-over-quarter to $2.94B.

Based on Mackay Shields LLC's 13F filing for Q3 2025, filed 27 Oct 2025.