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
+8.28%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$14.7B
AUM Growth
+$2.19B
Cap. Flow
-$1.92B
Cap. Flow %
-13.03%
Top 10 Hldgs %
27.46%
Holding
1,621
New
167
Increased
614
Reduced
452
Closed
209

Top Buys

Rank Stock Value
1
PZA icon
Invesco National AMT-Free Municipal Bond ETF
PZA
+$148M
2
WLL
Whiting Petroleum Corporation
WLL
+$46M
3
PCGU
PG&E Corporation
PCGU
+$36.3M
4
BTT icon
BlackRock Municipal 2030 Target Term Trust
BTT
+$30.3M
5
PII icon
Polaris
PII
+$21.1M

Top Sells

Rank Stock Value
1
CCI.PRA
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$27.5M
2
ULTR
IQ Ultra Short Duration ETF
ULTR
+$24.7M
3
MMIN icon
IQ MacKay Municipal Insured ETF
MMIN
+$24.1M
4
ORLY icon
O'Reilly Automotive
ORLY
+$20M
5
CLGX
Corelogic, Inc.
CLGX
+$17M

Sector Composition

Rank Sector Weight
1 Technology 16.41%
2 Healthcare 9.48%
3 Consumer Discretionary 8.4%
4 Financials 7.48%
5 Communication Services 5.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PCGU
51
DELISTED
PG&E Corporation
PCGU
$36.3M 0.25%
+370,494
New +$36.3M
TMO icon
52
Thermo Fisher Scientific
TMO
$211B
$33.8M 0.23%
76,573
+7,540
+11% +$3.12M
NKE icon
53
Nike
NKE
$61.9B
$33.4M 0.23%
266,412
-18,545
-7% -$1.99M
IAU icon
54
iShares Gold Trust
IAU
$63B
$33.4M 0.23%
929,500
– –
ELV icon
55
Elevance Health
ELV
$81.9B
$32.3M 0.22%
120,255
+5,609
+5% +$1.51M
CSCO icon
56
Cisco
CSCO
$450B
$32.2M 0.22%
816,590
+1,647
+0.2% +$71.8K
IQV icon
57
IQVIA
IQV
$34.7B
$31.6M 0.21%
200,549
-1,290
-0.6% -$202K
TSLA icon
58
Tesla
TSLA
$1.24T
$31.5M 0.21%
220,245
-118,860
-35% -$14M
GLD icon
59
SPDR Gold Trust
GLD
$131B
$31.5M 0.21%
177,786
– –
MCD icon
60
McDonald's
MCD
$188B
$31M 0.21%
141,014
-1,865
-1% -$383K
UNP icon
61
Union Pacific
UNP
$182B
$30.5M 0.21%
155,111
-44,806
-22% -$8.33M
BBY icon
62
Best Buy
BBY
$18B
$29.9M 0.2%
268,534
-58,402
-18% -$5.97M
HUM icon
63
Humana
HUM
$46.7B
$29.7M 0.2%
71,747
-773
-1% -$311K
LLY icon
64
Eli Lilly
LLY
$1.07T
$29.5M 0.2%
199,038
+16,662
+9% +$2.58M
TGT icon
65
Target
TGT
$62.1B
$29.4M 0.2%
186,699
+48,946
+36% +$6.72M
ADSK icon
66
Autodesk
ADSK
$44.3B
$29.3M 0.2%
127,002
+1,548
+1% +$368K
DG icon
67
Dollar General
DG
$25.9B
$28.8M 0.2%
137,427
-45,362
-25% -$8.92M
MUI
68
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$28.5M 0.19%
2,033,849
+696,822
+52% +$9.86M
NEE icon
69
NextEra Energy
NEE
$187B
$27.4M 0.19%
394,412
-62,264
-14% -$4.3M
XOM icon
70
ExxonMobil
XOM
$651B
$27.2M 0.18%
791,594
+11,080
+1% +$453K
MCK icon
71
McKesson
MCK
$98.5B
$27.1M 0.18%
181,918
-12,839
-7% -$1.95M
BKNG icon
72
Booking.com
BKNG
$138B
$26.8M 0.18%
392,050
+10,175
+3% +$715K
CVX icon
73
Chevron
CVX
$388B
$26.8M 0.18%
372,217
-20,403
-5% -$1.72M
REGN icon
74
Regeneron Pharmaceuticals
REGN
$68.8B
$26.1M 0.18%
46,695
+2,851
+7% +$1.73M
ORCL icon
75
Oracle
ORCL
$331B
$25.8M 0.18%
432,481
-14,704
-3% -$835K
1 2
3
4 5

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 2020 Portfolio in Review

As of Q3 2020, Mackay Shields LLC held 1,621 positions worth $14.7B, up 17% from $12.5B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Mackay Shields LLC withdrew a net $1.92B in Q3 2020, closing 209 positions and reducing 452 holdings. Its most notable exit was Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A, an estimated $27.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Mackay Shields LLC opened a new position in Invesco National AMT-Free Municipal Bond ETF worth $146M.

  • Mackay Shields LLC's largest Q3 2020 buy was Invesco National AMT-Free Municipal Bond ETF: 5,500,000 shares worth $146M.
  • Mackay Shields LLC added most to BlackRock Municipal 2030 Target Term Trust in Q3 2020, an estimated $30.3M increase.
  • Mackay Shields LLC's biggest Q3 2020 reduction was O'Reilly Automotive, cutting an estimated $20M.
  • Mackay Shields LLC fully exited Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in Q3 2020, selling an estimated $27.5M.
  • Mackay Shields LLC's ten largest holdings make up 27% of its $14.7B portfolio in Q3 2020.
  • Mackay Shields LLC opened 167 new positions and closed 209 in Q3 2020.
  • Mackay Shields LLC's portfolio value rose 17% quarter-over-quarter to $14.7B.

Based on Mackay Shields LLC's 13F filing for Q3 2020, filed 4 Nov 2020.