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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
+1.28%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.58B
AUM Growth
-$65.1M
Cap. Flow
-$2.73B
Cap. Flow %
-76.38%
Top 10 Hldgs %
26.03%
Holding
151
New
1
Increased
3
Reduced
25
Closed
4

Top Buys

Rank Stock Value
1
DHR icon
Danaher
DHR
+$35.9M
2
NICE icon
Nice
NICE
+$10.7M
3
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$57.7K
4
GTLS.PRB
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
+$51.7K

Top Sells

Rank Stock Value
1
DHR.PRB
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
+$109M
2
GPOR icon
Gulfport Energy Corp
GPOR
+$46.3M
3
BDXB
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
4
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$4.37M
5
CHRD icon
Chord Energy
CHRD
+$3.02M

Sector Composition

Rank Sector Weight
1 Energy 7.47%
2 Technology 1.65%
3 Healthcare 1.01%
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
$168M 4.71%
1,603,070
-499,720
-24% -$46.3M
PCGU
2
DELISTED
PG&E Corporation
PCGU
$60.5M 1.69%
403,751
-3,760
-0.9% -$555K
NICE icon
3
Nice
NICE
$5.52B
$59.1M 1.65%
286,433
+52,045
+22% +$10.7M
TALO icon
4
Talos Energy
TALO
$2.47B
$43.7M 1.22%
3,152,973
-129,838
-4% -$1.75M
KKR.PRC
5
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
$40.3M 1.13%
608,607
-6,327
-1% -$398K
BAC.PRL icon
6
Bank of America Series L
BAC.PRL
$3.95B
$37.7M 1.05%
32,074
-14
-0% -$16.4K
DHR icon
7
Danaher
DHR
$127B
$36.1M 1.01%
+169,445
New +$35.9M
WFC.PRL icon
8
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
$34M 0.95%
29,384
+50
+0.2% +$57.7K
IAU icon
9
iShares Gold Trust
IAU
$63.4B
$33.8M 0.95%
929,500
– –
NEE.PRR
10
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
$32.3M 0.9%
715,626
-5,150
-0.7% -$240K
GTLS.PRB
11
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
$32.2M 0.9%
494,856
+957
+0.2% +$51.7K
AESC
12
DELISTED
The AES Corporation
AESC
$31.5M 0.88%
386,344
-2,478
-0.6% -$210K
BTT icon
13
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$29.1M 0.81%
1,401,701
– –
FET icon
14
Forum Energy Technologies
FET
$597M
$27.2M 0.76%
1,061,621
-54,575
-5% -$1.29M
CHRD icon
15
Chord Energy
CHRD
$7.25B
$17.8M 0.5%
115,748
-20,814
-15% -$3.02M
MHN
16
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$11.7M 0.33%
1,111,764
-174,190
-14% -$1.8M
MUJ icon
17
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$648M
$11.2M 0.31%
1,003,043
– –
NEA icon
18
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.42B
$10.2M 0.28%
930,320
-400,000
-30% -$4.37M
MQT
19
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$9.98M 0.28%
992,093
-136,842
-12% -$1.38M
GLD icon
20
SPDR Gold Trust
GLD
$132B
$9.86M 0.28%
55,336
– –
KOS icon
21
Kosmos Energy
KOS
$1.44B
$9.01M 0.25%
1,503,656
– –
MYN icon
22
BlackRock MuniYield New York Quality Fund
MYN
$382M
$8.25M 0.23%
814,624
-132,809
-14% -$1.33M
MHD icon
23
BlackRock MuniHoldings Fund
MHD
$615M
$7.43M 0.21%
638,616
– –
MIY icon
24
BlackRock MuniYield Michigan Quality Fund
MIY
$355M
$7.35M 0.21%
664,819
-128,015
-16% -$1.41M
NRK icon
25
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$924M
$5.81M 0.16%
561,758
-76,304
-12% -$790K
1
2 3

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MASUI
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Mackay Shields LLC's Q2 2023 Portfolio in Review

As of Q2 2023, Mackay Shields LLC held 151 positions worth $3.58B, down 1.8% from $3.64B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Mackay Shields LLC withdrew a net $2.73B in Q2 2023, closing 4 positions and reducing 25 holdings. Its most notable exit was Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B, an estimated $109M position sold in full.

By sector, the portfolio is most concentrated in Energy at 7.5% of assets, down from 7.6% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Mackay Shields LLC opened a new position in Danaher worth $36.1M.

  • Mackay Shields LLC's largest Q2 2023 buy was Danaher: 169,445 shares worth $36.1M.
  • Mackay Shields LLC added most to Nice in Q2 2023, an estimated $10.7M increase.
  • Mackay Shields LLC's biggest Q2 2023 reduction was Gulfport Energy Corp, cutting an estimated $46.3M.
  • Mackay Shields LLC fully exited Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B in Q2 2023, selling an estimated $109M.
  • Mackay Shields LLC's ten largest holdings make up 26% of its $3.58B portfolio in Q2 2023.
  • Mackay Shields LLC opened 1 new position and closed 4 in Q2 2023.
  • Mackay Shields LLC's portfolio value fell 1.8% quarter-over-quarter to $3.58B.

Based on Mackay Shields LLC's 13F filing for Q2 2023, filed 27 Jul 2023.