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
+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
SGY
1
DELISTED
Stone Energy
SGY
$114M 4.24%
3,920,351
– –
BAC.PRL icon
2
Bank of America Series L
BAC.PRL
$3.95B
$50.8M 1.89%
39,060
+4,370
+13% +$5.7M
AMT.PRB
3
DELISTED
American Tower Corporation
AMT.PRB
$48.6M 1.81%
398,164
+2,154
+0.5% +$267K
WFC.PRL icon
4
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
$44.9M 1.67%
34,108
-231
-0.7% -$307K
AEO icon
5
American Eagle Outfitters
AEO
$2.91B
$36.6M 1.36%
2,560,914
– –
AGN.PRA
6
DELISTED
Allergan plc
AGN.PRA
$30.4M 1.13%
41,396
+137
+0.3% +$114K
TFX icon
7
Teleflex
TFX
$5.93B
$29.6M 1.1%
+122,510
New +$26.7M
NEA icon
8
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.42B
$24.9M 0.92%
1,795,140
– –
GLD icon
9
SPDR Gold Trust
GLD
$132B
$23M 0.85%
189,000
– –
TMUSP
10
DELISTED
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
$20.1M 0.75%
200,782
– –
NZF icon
11
Nuveen Municipal Credit Income Fund
NZF
$2.44B
$19.2M 0.72%
1,265,291
-70,640
-5% -$1.07M
BDXA
12
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
$18.8M 0.7%
339,796
– –
SWP
13
DELISTED
Stanley Black & Decker, Inc. Corporate Units
SWP
$18.6M 0.69%
163,124
– –
DAL icon
14
Delta Air Lines
DAL
$55.7B
$18.3M 0.68%
378,997
+75,868
+25% +$3.78M
NVG icon
15
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.72B
$17.4M 0.65%
1,130,278
– –
BAC icon
16
Bank of America
BAC
$430B
$16.9M 0.63%
666,299
– –
CCI.PRA
17
DELISTED
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
$16.4M 0.61%
+15,465
New +$16.7M
PMO
18
Franklin Municipal Opportunities Trust
PMO
$293M
$15.6M 0.58%
1,234,990
– –
MUI
19
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$11.3M 0.42%
800,000
– –
NEE.PRQ
20
DELISTED
NextEra Energy, Inc.
NEE.PRQ
$8.73M 0.32%
131,590
– –
HAL icon
21
Halliburton
HAL
$27.7B
$8.6M 0.32%
186,718
– –
NRK icon
22
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$924M
$8.56M 0.32%
648,590
– –
VMM
23
DELISTED
Delaware Investments Minnesota Municipal Income Fund II
VMM
$8.04M 0.3%
564,399
– –
ARNC.PRB
24
DELISTED
Arconic Inc.
ARNC.PRB
$7.9M 0.29%
203,178
– –
IAU icon
25
iShares Gold Trust
IAU
$63.4B
$7.73M 0.29%
313,950
– –
1
2 3

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 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.