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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
+2.95%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$2.69B
AUM Growth
+$325M
Cap. Flow
-$1.61B
Cap. Flow %
-59.97%
Top 10 Hldgs %
28.32%
Holding
164
New
7
Increased
6
Reduced
12
Closed
5

Top Buys

Rank Stock Value
1
TFX icon
Teleflex
TFX
+$26.7M
2
CCI.PRA
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$16.7M
3
HYD icon
VanEck High Yield Muni ETF
HYD
+$7.51M
4
HYMB icon
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
+$6.21M
5
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$5.7M

Top Sells

Rank Stock Value
1
EHC icon
Encompass Health
EHC
+$39.6M
2
TSNU
Tyson Foods, Inc.
TSNU
+$28.1M
3
BHI
Baker Hughes
BHI
+$2.8M
4
MNDT
Mandiant, Inc. Common Stock
MNDT
+$1.62M
5
ENX
Eaton Vance New York Municipal Bond Fund
ENX
+$1.2M

Sector Composition

Rank Sector Weight
1 Energy 4.79%
2 Consumer Discretionary 1.36%
3 Healthcare 1.1%
4 Industrials 0.93%
5 Financials 0.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VKQ icon
51
Invesco Municipal Trust
VKQ
$541M
$308K 0.01%
24,087
– –
MHN
52
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$269K 0.01%
19,700
-49,474
-72% -$702K
EHC icon
53
Encompass Health
EHC
$11B
– –
-1,029,504
Closed -$39.6M
MNDT
54
DELISTED
Mandiant, Inc. Common Stock
MNDT
– –
-106,360
Closed -$1.62M
SN
55
DELISTED
Sanchez Energy Corporation
SN
– –
-16,611
Closed -$119K
TSNU
56
DELISTED
Tyson Foods, Inc.
TSNU
– –
-411,901
Closed -$28.1M
BHI
57
DELISTED
Baker Hughes
BHI
– –
-51,357
Closed -$2.8M
1 2
3

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MASUI
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LMIM
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XL
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PCM
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CIAS
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Mackay Shields LLC's Q3 2017 Portfolio in Review

As of Q3 2017, Mackay Shields LLC held 164 positions worth $2.69B, up 14% from $2.36B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Mackay Shields LLC withdrew a net $1.61B in Q3 2017, closing 5 positions and reducing 12 holdings. Its most notable exit was Encompass Health, an estimated $39.6M position sold in full.

By sector, the portfolio is most concentrated in Energy at 4.8% of assets, up from 3.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Mackay Shields LLC opened a new position in Teleflex worth $29.6M.

  • Mackay Shields LLC's largest Q3 2017 buy was Teleflex: 122,510 shares worth $29.6M.
  • Mackay Shields LLC added most to Bank of America Series L in Q3 2017, an estimated $5.7M increase.
  • Mackay Shields LLC's biggest Q3 2017 reduction was Eaton Vance New York Municipal Bond Fund, cutting an estimated $1.2M.
  • Mackay Shields LLC fully exited Encompass Health in Q3 2017, selling an estimated $39.6M.
  • Mackay Shields LLC's ten largest holdings make up 28% of its $2.69B portfolio in Q3 2017.
  • Mackay Shields LLC opened 7 new positions and closed 5 in Q3 2017.
  • Mackay Shields LLC's portfolio value rose 14% quarter-over-quarter to $2.69B.

Based on Mackay Shields LLC's 13F filing for Q3 2017, filed 24 Oct 2017.