Mackay Shields LLC
- SEC CIK
- 0000061227
- Latest filing
- Jul 28, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed Apr 29, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 144
- −3 vs. Q4 2024
- Portfolio value
- $3.11B
- −$283.0M (−8.3%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Ionis Pharmaceuticals Inc462222AF7 | NOTE 1.750% 6/1 | – | $29.9M | 1.0% | – | – | – |
| NVGNuveen AMT-Free Municipal Credit Income Fund | CEF | 2,423,683 | $30.0M | 1.0% | −39,169−1.6% | Reduced | History |
| TALOTalos Energy Inc. | COM | 3,132,176 | $30.4M | 1.0% | 00.0% | Unchanged | History |
| Oil STS Intl Inc678026AK1 | NOTE 4.750% 4/0 | – | $30.7M | 1.0% | – | – | – |
| Liberty Media Corp531229AP7 | NOTE 3.750% 3/1 | – | $31.0M | 1.0% | – | – | – |
| CONMED Corp207410AH4 | NOTE 2.250% 6/1 | – | $31.8M | 1.0% | – | – | – |
| Zscaler, Inc.98980GAB8 | NOTE 0.125% 7/0 | – | $32.2M | 1.0% | – | – | – |
| BTTBlackRock Municipal 2030 Target Term Trust | COM SHS BEN IN | 1,563,907 | $33.2M | 1.1% | +162,206+11.6% | Added | History |
| WFC.PLWells Fargo & Company | PERP PFD CNV A | 28,119 | $33.9M | 1.1% | 00.0% | Unchanged | History |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | – | $33.9M | 1.1% | – | – | – |
| Northern Oil & Gas, Inc.665531AJ8 | NOTE 3.625% 4/1 | – | $34.2M | 1.1% | – | – | – |
| Centennial Resource Dev Inc15136AAA0 | NOTE 3.250% 4/0 | – | $36.0M | 1.2% | – | – | – |
| Etsy Inc29786AAJ5 | NOTE 0.125%10/0 | – | $36.3M | 1.2% | – | – | – |
| Seagate HDD Cayman81180WBL4 | NOTE 3.500% 6/0 | – | $36.3M | 1.2% | – | – | – |
| NZFNuveen Municipal Credit Income Fund | COM SH BEN INT | 2,979,590 | $36.4M | 1.2% | −68,371−2.2% | Reduced | History |
| BA.PABoeing Co | DEP CONV PFD A | 622,080 | $36.9M | 1.2% | −5,271−0.8% | Reduced | History |
| Bank of Amer Corp060505682 | 7.25%CNV PFD L | 29,951 | $37.1M | 1.2% | −130.0% | Reduced | – |
| Cloudflare, Inc.18915MAC1 | NOTE 8/1 | – | $37.7M | 1.2% | – | New | – |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | – | $37.9M | 1.2% | – | – | – |
| IAUiShares Gold Trust | ETF | 660,000 | $38.9M | 1.3% | −30,000−4.3% | Reduced | History |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | – | $40.6M | 1.3% | – | – | – |
| Patk703343AG8 | 12/01/2028 | – | $41.4M | 1.3% | – | – | – |
| Liberty Media Corp531229AQ5 | NOTE 2.250% 8/1 | – | $42.4M | 1.4% | – | – | – |
| Cable One, Inc.12685JAG0 | NOTE 1.125% 3/1 | – | $42.7M | 1.4% | – | – | – |
| Akamai Technologies Inc00971TAL5 | NOTE 0.375% 9/0 | – | $43.2M | 1.4% | – | – | – |
| NCL Corp Ltd62886HBD2 | NOTE 1.125% 2/1 | – | $43.9M | 1.4% | – | – | – |
| NEANuveen AMT-Free Quality Municipal Income Fund | COM | 4,002,639 | $44.8M | 1.4% | −38,362−0.9% | Reduced | History |
| Mirum Pharmaceuticals, Inc.604749AB7 | NOTE 4.000% 5/0 | – | $45.5M | 1.5% | – | – | – |
| Advanced Energy Inds007973AE0 | NOTE 2.500% 9/1 | – | $46.8M | 1.5% | – | – | – |
| Ford MTR Co Del345370CZ1 | NOTE 3/1 | – | $47.1M | 1.5% | – | – | – |
| Chefs Whse Inc163086AE1 | NOTE 2.375%12/1 | – | $48.4M | 1.6% | – | – | – |
| On Semiconductor Corp682189AU9 | NOTE 0.500% 3/0 | – | $48.4M | 1.6% | – | – | – |
| Nextera Energy Inc65339F713 | UNIT 09/01/2025 | 1,212,815 | $49.6M | 1.6% | −3,996−0.3% | Reduced | – |
| Biomarin Pharmaceutical Inc09061GAK7 | NOTE 1.250% 5/1 | – | $51.8M | 1.7% | – | – | – |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | – | $53.0M | 1.7% | – | – | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 728,825 | $53.6M | 1.7% | −4,751−0.6% | Reduced | – |
| Nutanix, Inc.67059NAH1 | NOTE 0.250%10/0 | – | $54.7M | 1.8% | – | – | – |
| Halozyme Therapeutics, Inc.40637HAF6 | NOTE 1.000% 8/1 | – | $56.2M | 1.8% | – | – | – |
| NICE Ltd.653656AB4 | NOTE 9/1 | – | $57.6M | 1.9% | – | – | – |
| PG&E Corp69331CAL2 | NOTE 4.250%12/0 | – | $64.5M | 2.1% | – | – | – |
| Tetra Tech Inc88162GAB9 | DBCV 2.250% 8/1 | – | $66.9M | 2.2% | – | – | – |
| Post Hldgs Inc737446AT1 | NOTE 2.500% 8/1 | – | $70.2M | 2.3% | – | – | – |
| NRG Energy, Inc.629377CG5 | DBCV 2.750% 6/0 | – | $77.4M | 2.5% | – | – | – |
| Lantheus Hldgs Inc516544AB9 | NOTE 2.625%12/1 | – | $79.2M | 2.5% | – | – | – |
Sold out since Q4 2024 (14)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| Datadog, Inc.23804LAB9 | NOTE 0.125% 6/1 | – | $39.4M | 1.2% | – |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $31.3M | 0.9% | – |
| Euronet Worldwide, Inc.298736AL3 | NOTE 0.750% 3/1 | – | $24.3M | 0.7% | – |
| ZZillow Group, Inc. | CL C CAP STK | 236,272 | $17.5M | 0.5% | History |
| Nuvasive Inc670704AJ4 | NOTE 0.375% 3/1 | – | $8.99M | 0.3% | – |
| Ziff Davis, Inc.48123VAE2 | NOTE 1.750%11/0 | – | $8.56M | 0.3% | – |
| State Street SPDR Bloomberg Convertible Securities ETF78464A359 | ETF | 93,907 | $7.31M | 0.2% | – |
| Marriott Vacations Worldwide Corp57164YAD9 | NOTE 1/1 | – | $6.30M | 0.2% | – |
| Uber Technologies, Inc90353TAJ9 | NOTE 12/1 | – | $5.74M | 0.2% | – |
| Akamai Technologies Inc00971TAJ0 | NOTE 0.125% 5/0 | – | $3.34M | 0.1% | – |
| Square Inc852234AF0 | NOTE 0.125% 3/0 | – | $2.93M | 0.1% | – |
| MUIBlackRock Municipal Credit Alpha Portfolio, Inc. | COM | 189,123 | $2.29M | 0.1% | History |
| Blackline, Inc.09239BAD1 | NOTE 3/1 | – | $452.5K | <0.1% | – |
| Live Nation Entertainment IN538034AU3 | NOTE 2.000% 2/1 | – | $30.8K | <0.1% | – |