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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
+0.25%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.64B
AUM Growth
-$277M
Cap. Flow
-$2.68B
Cap. Flow %
-73.48%
Top 10 Hldgs %
25.7%
Holding
162
New
4
Increased
5
Reduced
28
Closed
8

Top Buys

Rank Stock Value
1
NEE.PRR
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
+$34M
2
FET icon
Forum Energy Technologies
FET
+$32.7M
3
GTLS.PRB
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
+$27M
4
NINE
Nine Energy Service
NINE
+$3.7M
5
KOS icon
Kosmos Energy
KOS
+$1.73M

Top Sells

Rank Stock Value
1
BAC icon
Bank of America
BAC
+$22.1M
2
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
+$12.9M
3
PDCE
PDC Energy, Inc.
PDCE
+$9.75M
4
NICE icon
Nice
NICE
+$7.36M
5
CWB icon
State Street SPDR Bloomberg Convertible Securities ETF
CWB
+$4.55M

Sector Composition

Rank Sector Weight
1 Energy 7.6%
2 Technology 1.47%
3 Utilities 0.01%
4 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GPOR icon
1
Gulfport Energy Corp
GPOR
$2.7B
$168M 4.62%
2,102,790
-42,698
-2% -$3.09M
DHR.PRB
2
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
$109M 2.98%
85,206
+4
+0% +$5.19K
PCGU
3
DELISTED
PG&E Corporation
PCGU
$57.9M 1.59%
407,511
-1,517
-0.4% -$211K
NICE icon
4
Nice
NICE
$5.52B
$53.6M 1.47%
234,388
-35,025
-13% -$7.36M
TALO icon
5
Talos Energy
TALO
$2.47B
$48.7M 1.34%
3,282,811
-31,473
-0.9% -$542K
KKR.PRC
6
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
$39.1M 1.07%
614,934
-2,655
-0.4% -$172K
BAC.PRL icon
7
Bank of America Series L
BAC.PRL
$3.95B
$37.4M 1.03%
32,088
-931
-3% -$1.12M
AESC
8
DELISTED
The AES Corporation
AESC
$35M 0.96%
388,822
-557
-0.1% -$52.1K
IAU icon
9
iShares Gold Trust
IAU
$63.4B
$34.7M 0.95%
929,500
– –
WFC.PRL icon
10
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
$34M 0.93%
29,334
-1,219
-4% -$1.47M
NEE.PRR
11
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
$33.4M 0.92%
720,776
+712,236
+8,340% +$34M
BTT icon
12
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$30.4M 0.84%
1,401,701
– –
FET icon
13
Forum Energy Technologies
FET
$597M
$28.4M 0.78%
+1,116,196
New +$32.7M
GTLS.PRB
14
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
$26.4M 0.73%
+493,899
New +$27M
CHRD icon
15
Chord Energy
CHRD
$7.25B
$18.4M 0.5%
136,562
-1,500
-1% -$204K
BDXB
16
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
$17.6M 0.48%
351,857
+260
+0.1% +$12.9K
NEA icon
17
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.42B
$14.8M 0.41%
1,330,320
-377,263
-22% -$4.21M
MHN
18
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$13.7M 0.38%
1,285,954
-11,080
-0.9% -$117K
MQT
19
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$11.7M 0.32%
1,128,935
-17,320
-2% -$181K
MUJ icon
20
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$648M
$11.5M 0.32%
1,003,043
– –
KOS icon
21
Kosmos Energy
KOS
$1.44B
$11.2M 0.31%
1,503,656
+236,310
+19% +$1.73M
GLD icon
22
SPDR Gold Trust
GLD
$132B
$10.1M 0.28%
55,336
-15,000
-21% -$2.64M
MYN icon
23
BlackRock MuniYield New York Quality Fund
MYN
$382M
$9.62M 0.26%
947,433
-25,222
-3% -$256K
MIY icon
24
BlackRock MuniYield Michigan Quality Fund
MIY
$355M
$8.87M 0.24%
792,834
-200,000
-20% -$2.28M
MHD icon
25
BlackRock MuniHoldings Fund
MHD
$615M
$7.7M 0.21%
638,616
– –
1
2 3

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GC
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PA
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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
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CA
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Mackay Shields LLC's Q1 2023 Portfolio in Review

As of Q1 2023, Mackay Shields LLC held 162 positions worth $3.64B, down 7.1% from $3.92B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Mackay Shields LLC withdrew a net $2.68B in Q1 2023, closing 8 positions and reducing 28 holdings. Its most notable exit was Bank of America, an estimated $22.1M position sold in full.

By sector, the portfolio is most concentrated in Energy at 7.6% of assets, up from 6.6% a quarter earlier, followed by Technology and Utilities.

Against the trend, Mackay Shields LLC opened a new position in Forum Energy Technologies worth $28.4M.

  • Mackay Shields LLC's largest Q1 2023 buy was Forum Energy Technologies: 1,116,196 shares worth $28.4M.
  • Mackay Shields LLC added most to NextEra Energy, Inc. 6.926% Corporate Units in Q1 2023, an estimated $34M increase.
  • Mackay Shields LLC's biggest Q1 2023 reduction was Nice, cutting an estimated $7.36M.
  • Mackay Shields LLC fully exited Bank of America in Q1 2023, selling an estimated $22.1M.
  • Mackay Shields LLC's ten largest holdings make up 26% of its $3.64B portfolio in Q1 2023.
  • Mackay Shields LLC opened 4 new positions and closed 8 in Q1 2023.
  • Mackay Shields LLC's portfolio value fell 7.1% quarter-over-quarter to $3.64B.

Based on Mackay Shields LLC's 13F filing for Q1 2023, filed 27 Apr 2023.