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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
+0.56%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.92B
AUM Growth
-$35.6M
Cap. Flow
-$3.04B
Cap. Flow %
-77.64%
Top 10 Hldgs %
28.2%
Holding
249
New
3
Increased
5
Reduced
16
Closed
8

Top Buys

Rank Stock Value
1
NICE icon
Nice
NICE
+$14.7M
2
CWB icon
State Street SPDR Bloomberg Convertible Securities ETF
CWB
+$4.61M
3
NEE.PRR
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
+$410K
4
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$255K
5
MBB icon
iShares MBS ETF
MBB
+$152K

Top Sells

Rank Stock Value
1
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$19.4M
2
SWT
Stanley Black & Decker, Inc.
SWT
+$17.9M
3
MUC icon
BlackRock MuniHoldings California Quality Fund
MUC
+$15M
4
ACWX icon
iShares MSCI ACWI ex US ETF
ACWX
+$13.6M
5
AVGO icon
Broadcom
AVGO
+$8.33M

Sector Composition

Rank Sector Weight
1 Energy 6.6%
2 Technology 1.32%
3 Financials 0.56%
4 Utilities 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GPOR icon
1
Gulfport Energy Corp
GPOR
$2.7B
$158M 4.03%
2,145,488
-3,600
-0.2% -$298K
DHR.PRB
2
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
$116M 2.96%
85,202
-669
-0.8% -$905K
TALO icon
3
Talos Energy
TALO
$2.47B
$62.6M 1.6%
3,314,284
-37,500
-1% -$753K
PCGU
4
DELISTED
PG&E Corporation
PCGU
$59.1M 1.51%
409,028
-3,156
-0.8% -$427K
NICE icon
5
Nice
NICE
$5.52B
$51.8M 1.32%
269,413
+76,371
+40% +$14.7M
AESC
6
DELISTED
The AES Corporation
AESC
$39.8M 1.02%
389,379
-4,076
-1% -$401K
BAC.PRL icon
7
Bank of America Series L
BAC.PRL
$3.95B
$38.4M 0.98%
33,019
+80
+0.2% +$94.8K
WFC.PRL icon
8
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
$36.3M 0.93%
30,553
+100
+0.3% +$119K
KKR.PRC
9
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
$35.5M 0.91%
617,589
-6,113
-1% -$369K
IAU icon
10
iShares Gold Trust
IAU
$63.4B
$32.2M 0.82%
929,500
– –
BTT icon
11
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$29.8M 0.76%
1,401,701
– –
BAC icon
12
Bank of America
BAC
$430B
$22.1M 0.56%
666,299
– –
NEA icon
13
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.42B
$19.4M 0.5%
1,707,583
– –
CHRD icon
14
Chord Energy
CHRD
$7.25B
$18.9M 0.48%
138,062
-9,000
-6% -$1.32M
BDXB
15
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
$17.7M 0.45%
351,597
-8,633
-2% -$416K
MHN
16
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$13.3M 0.34%
1,297,034
– –
NEE.PRP
17
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
$12.9M 0.33%
254,846
-9,849
-4% -$494K
GLD icon
18
SPDR Gold Trust
GLD
$132B
$11.9M 0.3%
70,336
– –
MQT
19
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$11.7M 0.3%
1,146,255
– –
MUJ icon
20
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$648M
$11.1M 0.28%
1,003,043
-206,033
-17% -$2.34M
MIY icon
21
BlackRock MuniYield Michigan Quality Fund
MIY
$355M
$11M 0.28%
992,834
-131,987
-12% -$1.51M
PDCE
22
DELISTED
PDC Energy, Inc.
PDCE
$9.75M 0.25%
153,669
– –
MYN icon
23
BlackRock MuniYield New York Quality Fund
MYN
$382M
$9.53M 0.24%
972,655
– –
KOS icon
24
Kosmos Energy
KOS
$1.44B
$8.06M 0.21%
1,267,346
– –
NRK icon
25
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$924M
$7.95M 0.2%
775,232
– –
1
2 3

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PA
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MASUI
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LMIM
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XL
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CIAS
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Mackay Shields LLC's Q4 2022 Portfolio in Review

As of Q4 2022, Mackay Shields LLC held 249 positions worth $3.92B, down 0.9% from $3.95B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Mackay Shields LLC withdrew a net $3.04B in Q4 2022, closing 8 positions and reducing 16 holdings. Its most notable exit was BlackRock Municipal Income Fund, Inc., an estimated $19.4M position sold in full.

By sector, the portfolio is most concentrated in Energy at 6.6% of assets, down from 7.1% a quarter earlier, followed by Technology and Financials.

Against the trend, Mackay Shields LLC opened a new position in State Street SPDR Bloomberg Convertible Securities ETF worth $4.55M.

  • Mackay Shields LLC's largest Q4 2022 buy was State Street SPDR Bloomberg Convertible Securities ETF: 70,790 shares worth $4.55M.
  • Mackay Shields LLC added most to Nice in Q4 2022, an estimated $14.7M increase.
  • Mackay Shields LLC's biggest Q4 2022 reduction was abrdn National Municipal Income Fund, cutting an estimated $4.31M.
  • Mackay Shields LLC fully exited BlackRock Municipal Income Fund, Inc. in Q4 2022, selling an estimated $19.4M.
  • Mackay Shields LLC's ten largest holdings make up 28% of its $3.92B portfolio in Q4 2022.
  • Mackay Shields LLC opened 3 new positions and closed 8 in Q4 2022.
  • Mackay Shields LLC's portfolio value fell 0.9% quarter-over-quarter to $3.92B.

Based on Mackay Shields LLC's 13F filing for Q4 2022, filed 31 Jan 2023.