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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
+4.14%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$14.4B
AUM Growth
-$1.6B
Cap. Flow
-$3.87B
Cap. Flow %
-26.79%
Top 10 Hldgs %
18.4%
Holding
1,384
New
133
Increased
301
Reduced
594
Closed
192

Top Buys

Rank Stock Value
1
TALO icon
Talos Energy
TALO
+$130M
2
TPR icon
Tapestry
TPR
+$41.1M
3
VAR
Varian Medical Systems, Inc.
VAR
+$36.2M
4
AAPL icon
Apple
AAPL
+$29.7M
5
CC icon
Chemours
CC
+$28.5M

Top Sells

Rank Stock Value
1
HFXI icon
NYLI FTSE International Equity Currency Neutral ETF
HFXI
+$481M
2
CSML
IndexIQ ETF Trust IQ U.S. Small Cap ETF
CSML
+$290M
3
CLRG
IndexIQ ETF Trust IQ U.S. Large Cap ETF
CLRG
+$285M
4
HFXE
IQ 50 Percent Hedged FTSE Europe ETF
HFXE
+$154M
5
SGY
Stone Energy
SGY
+$150M

Sector Composition

Rank Sector Weight
1 Technology 13.89%
2 Financials 11.05%
3 Consumer Discretionary 9.95%
4 Healthcare 8.62%
5 Industrials 6.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVI icon
1101
CVR Energy
CVI
$3.36B
– –
-57,600
Closed -$1.74M
CW icon
1102
Curtiss-Wright
CW
$27.7B
– –
-31,357
Closed -$4.24M
DHC
1103
Diversified Healthcare Trust
DHC
$2.26B
– –
-108,620
Closed -$1.7M
DVAX
1104
DELISTED
Dynavax Technologies
DVAX
– –
-30,100
Closed -$597K
EIDO icon
1105
iShares MSCI Indonesia ETF
EIDO
$476M
– –
-122,552
Closed -$3.3M
EME icon
1106
Emcor
EME
$33.1B
– –
-30,236
Closed -$2.36M
EMLC icon
1107
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.74B
– –
-306,561
Closed -$12M
EPAM icon
1108
EPAM Systems
EPAM
$4.69B
– –
-13,900
Closed -$1.59M
EPHE icon
1109
iShares MSCI Philippines ETF
EPHE
$127M
– –
-80,885
Closed -$2.83M
EPOL icon
1110
iShares MSCI Poland ETF
EPOL
$669M
– –
-58,526
Closed -$1.47M
ESRT icon
1111
Empire State Realty Trust
ESRT
$976M
– –
-430,809
Closed -$7.23M
ETSY icon
1112
Etsy
ETSY
$7.65B
– –
-12,400
Closed -$348K
EWL icon
1113
iShares MSCI Switzerland ETF
EWL
$2.12B
– –
-148,946
Closed -$5.12M
EWX icon
1114
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$662M
– –
-236,418
Closed -$12.4M
GDEN
1115
DELISTED
Golden Entertainment
GDEN
– –
-13,393
Closed -$311K
GHC icon
1116
Graham Holdings Company
GHC
$4.97B
– –
-6,906
Closed -$4.16M
GLIN icon
1117
VanEck India Growth Leaders ETF
GLIN
$93.7M
– –
-44,860
Closed -$2.57M
GPK icon
1118
Graphic Packaging
GPK
$3.26B
– –
-442,266
Closed -$6.79M
GVI icon
1119
iShares Intermediate Government/Credit Bond ETF
GVI
$3.72B
– –
-45,727
Closed -$4.95M
HBNC icon
1120
Horizon Bancorp
HBNC
$1.03B
– –
-19,316
Closed -$386K
HCKT icon
1121
Hackett Group
HCKT
$245M
– –
-10,200
Closed -$164K
HFXI icon
1122
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$1.99B
– –
-22,838,379
Closed -$481M
HGV icon
1123
Hilton Grand Vacations
HGV
$3.84B
– –
-125,386
Closed -$5.39M
HI
1124
DELISTED
Hillenbrand
HI
– –
-14,300
Closed -$656K
HOFT icon
1125
Hooker Furnishings Corp
HOFT
$148M
– –
-10,815
Closed -$397K
43 44
45
46 47

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MASUI
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LMIM
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XL
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CIAS
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CA
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Mackay Shields LLC's Q2 2018 Portfolio in Review

As of Q2 2018, Mackay Shields LLC held 1,384 positions worth $14.4B, down 10% from $16B the previous quarter. Its ten largest holdings account for 18% of the portfolio.

Mackay Shields LLC withdrew a net $3.87B in Q2 2018, closing 192 positions and reducing 594 holdings. Its most notable exit was NYLI FTSE International Equity Currency Neutral ETF, an estimated $481M position sold in full.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Mackay Shields LLC opened a new position in Talos Energy worth $128M.

  • Mackay Shields LLC's largest Q2 2018 buy was Talos Energy: 3,986,734 shares worth $128M.
  • Mackay Shields LLC added most to Tapestry in Q2 2018, an estimated $41.1M increase.
  • Mackay Shields LLC's biggest Q2 2018 reduction was IndexIQ ETF Trust IQ U.S. Small Cap ETF, cutting an estimated $290M.
  • Mackay Shields LLC fully exited NYLI FTSE International Equity Currency Neutral ETF in Q2 2018, selling an estimated $481M.
  • Mackay Shields LLC's ten largest holdings make up 18% of its $14.4B portfolio in Q2 2018.
  • Mackay Shields LLC opened 133 new positions and closed 192 in Q2 2018.
  • Mackay Shields LLC's portfolio value fell 10% quarter-over-quarter to $14.4B.

Based on Mackay Shields LLC's 13F filing for Q2 2018, filed 6 Aug 2018.