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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
+0.58%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$1.81B
AUM Growth
-$170M
Cap. Flow
-$1.52B
Cap. Flow %
-83.81%
Top 10 Hldgs %
30.92%
Holding
139
New
7
Increased
8
Reduced
8
Closed
24

Top Buys

Rank Stock Value
1
BAC icon
Bank of America
BAC
+$6.99M
2
AMT.PRA
American Tower Corporation
AMT.PRA
+$5.18M
3
MFL
BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND
MFL
+$4.06M
4
HYMB icon
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
+$3.89M
5
VKI icon
Invesco Advantage Municipal Income Trust II
VKI
+$3.35M

Top Sells

Rank Stock Value
1
UTX.PRA
UNITED TECHNOLOGIES CORP CORP UNIT (DE)
UTX.PRA
+$47.7M
2
SWU
STANLEY BLACK & DECKER INC CORP UNIT
SWU
+$37M
3
F icon
Ford
F
+$31.3M
4
GT.PRA
GOODYEAR TIRE & RUBR CO PFD CONV (OH)
GT.PRA
+$21M
5
C icon
Citigroup
C
+$20.6M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 2.34%
2 Energy 1.27%
3 Financials 0.38%
4 Industrials 0%
5 Materials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TDW icon
51
Tidewater
TDW
$3.83B
– –
-6,341
Closed -$9.95M
TGI
52
DELISTED
Triumph Group
TGI
– –
-106,863
Closed -$6.9M
X
53
DELISTED
US Steel
X
– –
-50,000
Closed -$1.38M
USCR
54
DELISTED
U S Concrete, Inc.
USCR
– –
-204,475
Closed -$4.8M
NUM
55
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
– –
-119,553
Closed -$1.62M
SWH
56
DELISTED
Stanley Black & Decker, Inc.
SWH
– –
-174,300
Closed -$18.8M
WY.PRA
57
DELISTED
WEYERHAEUSER COMP PREF CONV SER A (WA)
WY.PRA
– –
-43,700
Closed -$2.39M
NIO
58
DELISTED
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
– –
-362,850
Closed -$4.99M
NQU
59
DELISTED
NUVEEN QUALITY INCOME MUNI FD
NQU
– –
-473,190
Closed -$6.29M
CCI.PRA
60
DELISTED
Crown Castle International Corp.
CCI.PRA
– –
-46,300
Closed -$4.69M
NCO
61
DELISTED
NUVEEN CALIF MUN MKT OPPOR FD
NCO
– –
-95,487
Closed -$1.36M
GT.PRA
62
DELISTED
GOODYEAR TIRE & RUBR CO PFD CONV (OH)
GT.PRA
– –
-289,513
Closed -$21M
GG
63
DELISTED
Goldcorp Inc
GG
– –
-592,000
Closed -$14.5M
NPF
64
DELISTED
NUVEEN PREMIER MUNI INCOME FD
NPF
– –
-139,280
Closed -$1.83M
1 2
3

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Mackay Shields LLC's Q2 2014 Portfolio in Review

As of Q2 2014, Mackay Shields LLC held 139 positions worth $1.81B, down 8.6% from $1.98B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Mackay Shields LLC withdrew a net $1.52B in Q2 2014, closing 24 positions and reducing 8 holdings. Its most notable exit was Ford, an estimated $31.3M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 2.3% of assets, down from 3.7% a quarter earlier, followed by Energy and Financials.

Against the trend, Mackay Shields LLC opened a new position in Bank of America worth $6.92M.

  • Mackay Shields LLC's largest Q2 2014 buy was Bank of America: 450,000 shares worth $6.92M.
  • Mackay Shields LLC added most to BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND in Q2 2014, an estimated $4.06M increase.
  • Mackay Shields LLC's biggest Q2 2014 reduction was UNITED TECHNOLOGIES CORP CORP UNIT (DE), cutting an estimated $47.7M.
  • Mackay Shields LLC fully exited Ford in Q2 2014, selling an estimated $31.3M.
  • Mackay Shields LLC's ten largest holdings make up 31% of its $1.81B portfolio in Q2 2014.
  • Mackay Shields LLC opened 7 new positions and closed 24 in Q2 2014.
  • Mackay Shields LLC's portfolio value fell 8.6% quarter-over-quarter to $1.81B.

Based on Mackay Shields LLC's 13F filing for Q2 2014, filed 22 Jul 2014.