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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
+0.13%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$1.89B
AUM Growth
-$51.8M
Cap. Flow
-$1.34B
Cap. Flow %
-70.73%
Top 10 Hldgs %
26.41%
Holding
140
New
11
Increased
7
Reduced
13
Closed
10

Top Buys

Rank Stock Value
1
ACT.PRA
ACTAVIS PLC Pfd Conv Ser A (Irl)
ACT.PRA
+$28.2M
2
FCAM
Fiat Chrysler Automobiles N.V.
FCAM
+$19M
3
AMT.PRA
American Tower Corporation
AMT.PRA
+$14.8M
4
SWNC
Southwestern Energy Company
SWNC
+$11.6M
5
NMO
NUVEEN MUNI MARKET OPPORT FUND
NMO
+$11.4M

Top Sells

Rank Stock Value
1
GM icon
General Motors
GM
+$12.2M
2
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$4.2M
3
NIO
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
+$3.44M
4
NPM
NUVEEN PREMIUM INCM MUNI FD II
NPM
+$2.54M
5
NPT
NUVEEN PREM INSD MUNI FD-4 INC
NPT
+$1.92M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 3.04%
2 Energy 0.63%
3 Financials 0.38%
4 Materials 0.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MHD icon
51
BlackRock MuniHoldings Fund
MHD
$599M
$703K 0.04%
40,343
-71,563
-64% -$1.25M
ENX
52
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$510K 0.03%
40,000
– –
DYN
53
DELISTED
Dynegy, Inc.
DYN
$412K 0.02%
13,120
– –
CMU
54
DELISTED
MFS High Yield Municipal Trust
CMU
$385K 0.02%
86,802
– –
MUJ icon
55
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$639M
$325K 0.02%
22,040
– –
NAN icon
56
Nuveen New York Quality Municipal Income Fund
NAN
$375M
$179K 0.01%
12,886
– –
CWB icon
57
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.74B
– –
-8,735
Closed -$410K
MQT
58
DELISTED
BlackRock MuniYield Quality Fund II
MQT
– –
-93,689
Closed -$1.24M
MYI icon
59
BlackRock MuniYield Quality Fund III
MYI
$714M
– –
-89,461
Closed -$1.26M
MUI
60
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
– –
-291,392
Closed -$4.2M
MYC
61
DELISTED
Blackrock Muni Yield California Fund, Inc.
MYC
– –
-18,773
Closed -$290K
MEN
62
DELISTED
Blackrock Muni Enhanced Fund, Inc.
MEN
– –
-25,000
Closed -$285K
NPM
63
DELISTED
NUVEEN PREMIUM INCM MUNI FD II
NPM
– –
-179,256
Closed -$2.54M
NIO
64
DELISTED
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
– –
-234,647
Closed -$3.44M
NPT
65
DELISTED
NUVEEN PREM INSD MUNI FD-4 INC
NPT
– –
-144,999
Closed -$1.92M
NPF
66
DELISTED
NUVEEN PREMIER MUNI INCOME FD
NPF
– –
-49,496
Closed -$691K
1 2
3

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MASUI
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LMIM
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XL
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Mackay Shields LLC's Q1 2015 Portfolio in Review

As of Q1 2015, Mackay Shields LLC held 140 positions worth $1.89B, down 2.7% from $1.94B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Mackay Shields LLC withdrew a net $1.34B in Q1 2015, closing 10 positions and reducing 13 holdings. Its most notable exit was BlackRock Municipal Income Fund, Inc., an estimated $4.2M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 3% of assets, down from 3.4% a quarter earlier, followed by Energy and Financials.

Against the trend, Mackay Shields LLC opened a new position in ACTAVIS PLC Pfd Conv Ser A (Irl) worth $27.3M.

  • Mackay Shields LLC's largest Q1 2015 buy was ACTAVIS PLC Pfd Conv Ser A (Irl): 26,950 shares worth $27.3M.
  • Mackay Shields LLC added most to American Tower Corporation in Q1 2015, an estimated $14.8M increase.
  • Mackay Shields LLC's biggest Q1 2015 reduction was General Motors, cutting an estimated $12.2M.
  • Mackay Shields LLC fully exited BlackRock Municipal Income Fund, Inc. in Q1 2015, selling an estimated $4.2M.
  • Mackay Shields LLC's ten largest holdings make up 26% of its $1.89B portfolio in Q1 2015.
  • Mackay Shields LLC opened 11 new positions and closed 10 in Q1 2015.
  • Mackay Shields LLC's portfolio value fell 2.7% quarter-over-quarter to $1.89B.

Based on Mackay Shields LLC's 13F filing for Q1 2015, filed 5 May 2015.