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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
+0.99%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$2.01B
AUM Growth
+$173M
Cap. Flow
-$1.23B
Cap. Flow %
-61.23%
Top 10 Hldgs %
28.89%
Holding
119
New
12
Increased
14
Reduced
7
Closed
5

Top Buys

Rank Stock Value
1
PMO
Franklin Municipal Opportunities Trust
PMO
+$14M
2
AGN.PRA
Allergan plc
AGN.PRA
+$12.6M
3
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$12M
4
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$10M
5
NPP
NUVEEN PERFORMANCE+MUN FUND
NPP
+$9.65M

Top Sells

Rank Stock Value
1
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
+$5.36M
2
NMA
NUVEEN MUNI ADVANTAGE FUND
NMA
+$4.3M
3
MUS
BLACKROCK MUNIHOLDINGS QUALITY FUND, INC.
MUS
+$3.83M
4
CAR icon
Avis
CAR
+$2.76M
5
MYF
Blackrock Muni Yield Investment Fund, Inc.
MYF
+$1.81M

Sector Composition

Rank Sector Weight
1 Industrials 1.34%
2 Energy 0.73%
3 Consumer Discretionary 0.72%
4 Financials 0.44%
5 Real Estate 0.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NMA
51
DELISTED
NUVEEN MUNI ADVANTAGE FUND
NMA
– –
-299,782
Closed -$4.3M
MUS
52
DELISTED
BLACKROCK MUNIHOLDINGS QUALITY FUND, INC.
MUS
– –
-272,227
Closed -$3.83M
MYF
53
DELISTED
Blackrock Muni Yield Investment Fund, Inc.
MYF
– –
-112,418
Closed -$1.81M
CAM
54
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
– –
-80,000
Closed -$5.36M
1 2
3

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PA
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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
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Mackay Shields LLC's Q2 2016 Portfolio in Review

As of Q2 2016, Mackay Shields LLC held 119 positions worth $2.01B, up 9.4% from $1.84B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Mackay Shields LLC withdrew a net $1.23B in Q2 2016, closing 5 positions and reducing 7 holdings. Its most notable exit was CAMERON INTERNATIONAL CORPORATION, an estimated $5.36M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 1.3% of assets, down from 1.8% a quarter earlier, followed by Energy and Consumer Discretionary.

Against the trend, Mackay Shields LLC opened a new position in Nuveen AMT-Free Municipal Credit Income Fund worth $10.4M.

  • Mackay Shields LLC's largest Q2 2016 buy was Nuveen AMT-Free Municipal Credit Income Fund: 639,783 shares worth $10.4M.
  • Mackay Shields LLC added most to Franklin Municipal Opportunities Trust in Q2 2016, an estimated $14M increase.
  • Mackay Shields LLC's biggest Q2 2016 reduction was Avis, cutting an estimated $2.76M.
  • Mackay Shields LLC fully exited CAMERON INTERNATIONAL CORPORATION in Q2 2016, selling an estimated $5.36M.
  • Mackay Shields LLC's ten largest holdings make up 29% of its $2.01B portfolio in Q2 2016.
  • Mackay Shields LLC opened 12 new positions and closed 5 in Q2 2016.
  • Mackay Shields LLC's portfolio value rose 9.4% quarter-over-quarter to $2.01B.

Based on Mackay Shields LLC's 13F filing for Q2 2016, filed 25 Jul 2016.