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
+1.62%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$2.74B
AUM Growth
+$49.5M
Cap. Flow
-$1.84B
Cap. Flow %
-67.13%
Top 10 Hldgs %
28.05%
Holding
165
New
4
Increased
6
Reduced
9
Closed
3

Top Buys

Rank Stock Value
1
XPO icon
XPO
XPO
+$29.4M
2
TMUS icon
T-Mobile US
TMUS
+$19.7M
3
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$7.5M
4
SWP
Stanley Black & Decker, Inc. Corporate Units
SWP
+$5.71M
5
WELL.PRI
Welltower Inc.
WELL.PRI
+$2.91M

Top Sells

Rank Stock Value
1
TMUSP
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
+$20.1M
2
AEO icon
American Eagle Outfitters
AEO
+$10.3M
3
TFX icon
Teleflex
TFX
+$10.1M
4
ARNC.PRB
Arconic Inc.
ARNC.PRB
+$7.9M
5
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$630K

Sector Composition

Rank Sector Weight
1 Energy 5.11%
2 Industrials 2.39%
3 Consumer Discretionary 1.29%
4 Communication Services 0.75%
5 Healthcare 0.75%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SGY
1
DELISTED
Stone Energy
SGY
$126M 4.61%
3,920,351
– –
BAC.PRL icon
2
Bank of America Series L
BAC.PRL
$3.95B
$50.9M 1.86%
38,581
-479
-1% -$630K
AMT.PRB
3
DELISTED
American Tower Corporation
AMT.PRB
$49.9M 1.82%
395,727
-2,437
-0.6% -$307K
WFC.PRL icon
4
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
$44.5M 1.62%
33,942
-166
-0.5% -$220K
XPO icon
5
XPO
XPO
$24.7B
$37.4M 1.36%
1,179,405
+1,150,156
+3,932% +$29.4M
AEO icon
6
American Eagle Outfitters
AEO
$2.91B
$35.2M 1.29%
1,874,584
-686,330
-27% -$10.3M
BDXA
7
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
$27.3M 1%
468,884
+129,088
+38% +$7.5M
SWP
8
DELISTED
Stanley Black & Decker, Inc. Corporate Units
SWP
$25.9M 0.95%
210,810
+47,686
+29% +$5.71M
NEA icon
9
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.42B
$24.7M 0.9%
1,795,140
– –
AGN.PRA
10
DELISTED
Allergan plc
AGN.PRA
$23.9M 0.87%
40,845
-551
-1% -$356K
GLD icon
11
SPDR Gold Trust
GLD
$132B
$23.4M 0.85%
189,000
– –
DAL icon
12
Delta Air Lines
DAL
$55.7B
$21.2M 0.78%
378,997
– –
TMUS icon
13
T-Mobile US
TMUS
$206B
$20.6M 0.75%
+323,636
New +$19.7M
TFX icon
14
Teleflex
TFX
$5.93B
$20.5M 0.75%
82,214
-40,296
-33% -$10.1M
BAC icon
15
Bank of America
BAC
$430B
$19.7M 0.72%
666,299
– –
NZF icon
16
Nuveen Municipal Credit Income Fund
NZF
$2.44B
$19.3M 0.7%
1,265,291
– –
CCI.PRA
17
DELISTED
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
$17.9M 0.66%
15,886
+421
+3% +$467K
NVG icon
18
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.72B
$17.5M 0.64%
1,130,278
– –
PMO
19
Franklin Municipal Opportunities Trust
PMO
$293M
$15.3M 0.56%
1,234,990
– –
MUI
20
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$11.1M 0.41%
800,000
– –
WELL.PRI
21
DELISTED
Welltower Inc.
WELL.PRI
$9.91M 0.36%
164,800
+47,100
+40% +$2.91M
HAL icon
22
Halliburton
HAL
$27.7B
$9.13M 0.33%
186,718
– –
NEE.PRQ
23
DELISTED
NextEra Energy, Inc.
NEE.PRQ
$8.91M 0.33%
127,390
-4,200
-3% -$291K
NRK icon
24
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$924M
$8.41M 0.31%
648,590
– –
IAU icon
25
iShares Gold Trust
IAU
$63.4B
$7.86M 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 Q4 2017 Portfolio in Review

As of Q4 2017, Mackay Shields LLC held 165 positions worth $2.74B, up 1.8% from $2.69B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Mackay Shields LLC withdrew a net $1.84B in Q4 2017, closing 3 positions and reducing 9 holdings. Its most notable exit was T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A, an estimated $20.1M position sold in full.

By sector, the portfolio is most concentrated in Energy at 5.1% of assets, up from 4.8% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Mackay Shields LLC opened a new position in T-Mobile US worth $20.6M.

  • Mackay Shields LLC's largest Q4 2017 buy was T-Mobile US: 323,636 shares worth $20.6M.
  • Mackay Shields LLC added most to XPO in Q4 2017, an estimated $29.4M increase.
  • Mackay Shields LLC's biggest Q4 2017 reduction was American Eagle Outfitters, cutting an estimated $10.3M.
  • Mackay Shields LLC fully exited T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in Q4 2017, selling an estimated $20.1M.
  • Mackay Shields LLC's ten largest holdings make up 28% of its $2.74B portfolio in Q4 2017.
  • Mackay Shields LLC opened 4 new positions and closed 3 in Q4 2017.
  • Mackay Shields LLC's portfolio value rose 1.8% quarter-over-quarter to $2.74B.

Based on Mackay Shields LLC's 13F filing for Q4 2017, filed 24 Jan 2018.