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
-0.82%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$1.93B
AUM Growth
+$118M
Cap. Flow
-$1.29B
Cap. Flow %
-66.55%
Top 10 Hldgs %
28.41%
Holding
140
New
22
Increased
4
Reduced
17
Closed
5

Top Buys

Rank Stock Value
1
SWU
STANLEY BLACK & DECKER INC CORP UNIT
SWU
+$36.7M
2
F icon
Ford
F
+$31.5M
3
CCI.PRA
Crown Castle International Corp.
CCI.PRA
+$20.9M
4
SWH
Stanley Black & Decker, Inc.
SWH
+$19.5M
5
C icon
Citigroup
C
+$17.4M

Top Sells

Rank Stock Value
1
OCR.PRB
OMNICARE CAP TR II SER B 4% TR PFD INCM EQTY REDM SEC PIERS
OCR.PRB
+$18M
2
BAC icon
Bank of America
BAC
+$6.92M
3
MYI icon
BlackRock MuniYield Quality Fund III
MYI
+$3.74M
4
TIBX
TIBCO SOFTWARE INC
TIBX
+$3.67M
5
ESV
Ensco Rowan plc
ESV
+$2.61M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 3.3%
2 Energy 1.59%
3 Financials 0.93%
4 Industrials 0.36%
5 Materials 0.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MYC
51
DELISTED
Blackrock Muni Yield California Fund, Inc.
MYC
$284K 0.01%
18,773
-125,780
-87% -$1.89M
MEN
52
DELISTED
Blackrock Muni Enhanced Fund, Inc.
MEN
$280K 0.01%
25,000
-129,530
-84% -$1.44M
NRK icon
53
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$914M
$218K 0.01%
+17,036
New +$221K
NAN icon
54
Nuveen New York Quality Municipal Income Fund
NAN
$379M
$172K 0.01%
12,886
– –
AA icon
55
Alcoa
AA
$12.2B
$50K ﹤0.01%
+1,294
New +$50.7K
CWB icon
56
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.78B
$28K ﹤0.01%
+566
New +$28.5K
VRNT
57
DELISTED
Verint Systems
VRNT
$3K ﹤0.01%
+104
New +$2.66K
BAC icon
58
Bank of America
BAC
$432B
– –
-450,000
Closed -$6.92M
HYD icon
59
VanEck High Yield Muni ETF
HYD
$4.47B
– –
-16,245
Closed -$980K
OCR.PRB
60
DELISTED
OMNICARE CAP TR II SER B 4% TR PFD INCM EQTY REDM SEC PIERS
OCR.PRB
– –
-221,090
Closed -$18M
TIBX
61
DELISTED
TIBCO SOFTWARE INC
TIBX
– –
-181,948
Closed -$3.67M
ESV
62
DELISTED
Ensco Rowan plc
ESV
– –
-11,750
Closed -$2.61M
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 2014 Portfolio in Review

As of Q3 2014, Mackay Shields LLC held 140 positions worth $1.93B, up 6.5% from $1.81B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Mackay Shields LLC withdrew a net $1.29B in Q3 2014, closing 5 positions and reducing 17 holdings. Its most notable exit was OMNICARE CAP TR II SER B 4% TR PFD INCM EQTY REDM SEC PIERS, an estimated $18M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 3.3% of assets, up from 2.3% a quarter earlier, followed by Energy and Financials.

Against the trend, Mackay Shields LLC opened a new position in Ford worth $27.3M.

  • Mackay Shields LLC's largest Q3 2014 buy was Ford: 1,844,500 shares worth $27.3M.
  • Mackay Shields LLC added most to STANLEY BLACK & DECKER INC CORP UNIT in Q3 2014, an estimated $36.7M increase.
  • Mackay Shields LLC's biggest Q3 2014 reduction was BlackRock MuniYield Quality Fund III, cutting an estimated $3.74M.
  • Mackay Shields LLC fully exited OMNICARE CAP TR II SER B 4% TR PFD INCM EQTY REDM SEC PIERS in Q3 2014, selling an estimated $18M.
  • Mackay Shields LLC's ten largest holdings make up 28% of its $1.93B portfolio in Q3 2014.
  • Mackay Shields LLC opened 22 new positions and closed 5 in Q3 2014.
  • Mackay Shields LLC's portfolio value rose 6.5% quarter-over-quarter to $1.93B.

Based on Mackay Shields LLC's 13F filing for Q3 2014, filed 24 Oct 2014.