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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
+7.5%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$12B
AUM Growth
+$1.43B
Cap. Flow
-$2.83B
Cap. Flow %
-23.52%
Top 10 Hldgs %
25.06%
Holding
734
New
18
Increased
28
Reduced
483
Closed
17

Top Buys

Rank Stock Value
1
DHR.PRA
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
+$149M
2
KKR.PRC
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
+$58.3M
3
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$51.4M
4
MMCA icon
IQ MacKay California Municipal Intermediate ETF
MMCA
+$49.5M
5
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$47.7M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$11.4M
2
TSM icon
TSMC
TSM
+$10.6M
3
MSFT icon
Microsoft
MSFT
+$8.86M
4
VST icon
Vistra
VST
+$6.14M
5
AMZN icon
Amazon
AMZN
+$4.92M

Sector Composition

Rank Sector Weight
1 Technology 13.6%
2 Healthcare 6.46%
3 Financials 6.42%
4 Consumer Discretionary 6.05%
5 Communication Services 5.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IAU icon
51
iShares Gold Trust
IAU
$63B
$32.4M 0.27%
929,500
– –
VZ icon
52
Verizon
VZ
$192B
$32.1M 0.27%
617,622
-14,755
-2% -$770K
NKE icon
53
Nike
NKE
$62.4B
$31.8M 0.26%
190,818
-4,131
-2% -$681K
INTC icon
54
Intel
INTC
$470B
$31.3M 0.26%
607,801
-12,335
-2% -$631K
DHR icon
55
Danaher
DHR
$135B
$31.3M 0.26%
107,176
-2,364
-2% -$651K
WMT icon
56
Walmart Inc
WMT
$869B
$30.7M 0.26%
637,509
-17,643
-3% -$842K
QCOM icon
57
Qualcomm
QCOM
$176B
$30.6M 0.25%
167,509
-5,197
-3% -$832K
MCD icon
58
McDonald's
MCD
$188B
$30.1M 0.25%
112,148
-2,505
-2% -$632K
MRK icon
59
Merck
MRK
$325B
$29M 0.24%
378,218
-9,928
-3% -$791K
WFC icon
60
Wells Fargo
WFC
$262B
$28.6M 0.24%
595,321
-31,440
-5% -$1.55M
MUI
61
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$28.1M 0.23%
1,853,870
-10,268
-0.6% -$157K
NEE icon
62
NextEra Energy
NEE
$187B
$27.4M 0.23%
293,701
-6,896
-2% -$596K
INTU icon
63
Intuit
INTU
$80.8B
$27.2M 0.23%
42,217
+478
+1% +$295K
LOW icon
64
Lowe's Companies
LOW
$116B
$26.8M 0.22%
103,628
-4,641
-4% -$1.1M
NEA icon
65
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.36B
$26.6M 0.22%
1,707,583
– –
T icon
66
AT&T
T
$165B
$26.3M 0.22%
1,415,294
-33,527
-2% -$627K
TXN icon
67
Texas Instruments
TXN
$256B
$26M 0.22%
137,802
-3,294
-2% -$632K
AMD icon
68
Advanced Micro Devices
AMD
$853B
$25.9M 0.22%
180,253
-5,418
-3% -$728K
CPLB
69
NYLI MacKay Core Plus Bond ETF
CPLB
$350M
$24.8M 0.21%
997,689
– –
MUC icon
70
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
$24.7M 0.21%
1,599,281
-6,591
-0.4% -$103K
UNP icon
71
Union Pacific
UNP
$183B
$24.2M 0.2%
96,050
-3,578
-4% -$847K
UPS icon
72
United Parcel Service
UPS
$97.5B
$23.4M 0.19%
109,054
-2,350
-2% -$478K
GLD icon
73
SPDR Gold Trust
GLD
$131B
$22.3M 0.19%
130,336
-10,000
-7% -$1.68M
MUJ icon
74
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$640M
$21.7M 0.18%
1,369,786
-14,097
-1% -$219K
HON icon
75
Honeywell
HON
$76.9B
$21.5M 0.18%
109,247
-2,800
-2% -$565K
1 2
3
4 5

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PA
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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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CA
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Mackay Shields LLC's Q4 2021 Portfolio in Review

As of Q4 2021, Mackay Shields LLC held 734 positions worth $12B, up 13% from $10.6B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Mackay Shields LLC withdrew a net $2.83B in Q4 2021, closing 17 positions and reducing 483 holdings. Its most notable exit was Kansas City Southern, an estimated $3.81M position sold in full.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Mackay Shields LLC opened a new position in Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A worth $157M.

  • Mackay Shields LLC's largest Q4 2021 buy was Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A: 71,691 shares worth $157M.
  • Mackay Shields LLC added most to Vanguard S&P 500 ETF in Q4 2021, an estimated $3.48M increase.
  • Mackay Shields LLC's biggest Q4 2021 reduction was Apple, cutting an estimated $11.4M.
  • Mackay Shields LLC fully exited Kansas City Southern in Q4 2021, selling an estimated $3.81M.
  • Mackay Shields LLC's ten largest holdings make up 25% of its $12B portfolio in Q4 2021.
  • Mackay Shields LLC opened 18 new positions and closed 17 in Q4 2021.
  • Mackay Shields LLC's portfolio value rose 13% quarter-over-quarter to $12B.

Based on Mackay Shields LLC's 13F filing for Q4 2021, filed 4 Feb 2022.