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
JBSS icon
1351
John B. Sanfilippo & Son
JBSS
$949M
– –
-14,600
Closed -$1.25M
KFY icon
1352
Korn Ferry
KFY
$3.98B
– –
-11,800
Closed -$363K
KMT icon
1353
Kennametal
KMT
$2.68B
– –
-7,800
Closed -$224K
KOS icon
1354
Kosmos Energy
KOS
$1.56B
– –
-500,757
Closed -$831K
KSS icon
1355
Kohl's
KSS
$2.03B
– –
-24,905
Closed -$517K
LADR
1356
Ladder Capital
LADR
$1.25B
– –
-248,800
Closed -$2.02M
LAUR icon
1357
Laureate Education
LAUR
$5.18B
– –
-14,700
Closed -$147K
LEA icon
1358
Lear
LEA
$7.19B
– –
-19,113
Closed -$2.08M
LITE icon
1359
Lumentum
LITE
$59.4B
– –
-10,600
Closed -$863K
MBWM icon
1360
Mercantile Bank Corp
MBWM
$1.01B
– –
-22,700
Closed -$513K
MMIN icon
1361
IQ MacKay Municipal Insured ETF
MMIN
$463M
– –
-891,650
Closed -$24.1M
MMS icon
1362
Maximus
MMS
$3.14B
– –
-39,701
Closed -$2.8M
MORN icon
1363
Morningstar
MORN
$6.56B
– –
-12,558
Closed -$1.77M
MPT
1364
Medical Properties Trust
MPT
$2.89B
– –
-12,875
Closed -$242K
MRCY icon
1365
Mercury Systems
MRCY
$6.2B
– –
-3,800
Closed -$299K
MSEX icon
1366
Middlesex Water
MSEX
$1.05B
– –
-3,200
Closed -$215K
MSM icon
1367
MSC Industrial Direct
MSM
$7.02B
– –
-65,127
Closed -$4.74M
MTG icon
1368
MGIC Investment
MTG
$6.27B
– –
-619,862
Closed -$5.08M
MUB icon
1369
iShares National Muni Bond ETF
MUB
$45.1B
– –
-5,767
Closed -$666K
NEOG icon
1370
Neogen
NEOG
$2.05B
– –
-67,600
Closed -$2.62M
NEU icon
1371
NewMarket
NEU
$7.17B
– –
-1,300
Closed -$520K
NFBK
1372
DELISTED
Northfield Bancorp
NFBK
– –
-14,200
Closed -$164K
NGVT icon
1373
Ingevity
NGVT
$2.55B
– –
-3,900
Closed -$205K
NMIH icon
1374
NMI Holdings
NMIH
$3.25B
– –
-38,300
Closed -$616K
NVRI icon
1375
Enviri
NVRI
$621M
– –
-10,100
Closed -$136K
53 54
55
56 57

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.