Mackay Shields LLC
- SEC CIK
- 0000061227
- Latest filing
- Jul 28, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Oct 27, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 136
- −9 vs. Q2 2025
- Portfolio value
- $2.94B
- −$182.3M (−5.8%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Biomarin Pharmaceutical Inc09061GAK7 | NOTE 1.250% 5/1 | – | $33.4M | 1.1% | – | – | – |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | – | $33.7M | 1.1% | – | – | – |
| Dexcom Inc252131AM9 | NOTE 0.375% 5/1 | – | $34.0M | 1.2% | – | – | – |
| Chefs Whse Inc163086AE1 | NOTE 2.375%12/1 | – | $34.9M | 1.2% | – | – | – |
| MCHPPMicrochip Technology Inc | DEP SHS REPSTG | 609,163 | $36.0M | 1.2% | −3,440−0.6% | Reduced | History |
| Patk703343AG8 | 12/01/2028 | – | $38.0M | 1.3% | – | – | – |
| Meritage Homes CORP59001ABF8 | NOTE 1.750% 5/1 | – | $38.0M | 1.3% | – | – | – |
| IAUiShares Gold Trust | ETF | 525,000 | $38.2M | 1.3% | −30,000−5.4% | Reduced | History |
| Ionis Pharmaceuticals Inc462222AF7 | NOTE 1.750% 6/1 | – | $38.5M | 1.3% | – | – | – |
| Etsy Inc29786AAJ5 | NOTE 0.125%10/0 | – | $39.0M | 1.3% | – | – | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | – | $39.4M | 1.3% | – | – | – |
| Snowflake Inc.833445AB5 | NOTE 10/0 | – | $40.1M | 1.4% | – | New | – |
| NCL Corp Ltd62886HBD2 | NOTE 1.125% 2/1 | – | $40.3M | 1.4% | – | – | – |
| MKS Inc55306NAB0 | NOTE 1.250% 6/0 | – | $40.8M | 1.4% | – | – | – |
| HPE.PCHewlett Packard Enterprise Co | 7.625 MAND CONV | 605,178 | $41.2M | 1.4% | −3,062−0.5% | Reduced | History |
| Akamai Technologies Inc00971TAL5 | NOTE 0.375% 9/0 | – | $41.6M | 1.4% | – | – | – |
| Lumentum Hldgs Inc55024UAF6 | NOTE 0.500% 6/1 | – | $42.5M | 1.4% | – | – | – |
| iRhythm Holdings, Inc.450056AB2 | NOTE 1.500% 9/0 | – | $42.5M | 1.4% | – | – | – |
| On Semiconductor Corp682189AS4 | NOTE 5/0 | – | $45.6M | 1.6% | – | – | – |
| Liberty Media Corp531229AQ5 | NOTE 2.250% 8/1 | – | $45.7M | 1.6% | – | – | – |
| Osi Systems Inc671044AF2 | NOTE 2.250% 8/0 | – | $47.3M | 1.6% | – | New | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 721,847 | $51.0M | 1.7% | −3,217−0.4% | Reduced | – |
| Nutanix, Inc.67059NAH1 | NOTE 0.250%10/0 | – | $56.1M | 1.9% | – | – | – |
| Post Hldgs Inc737446AT1 | NOTE 2.500% 8/1 | – | $56.3M | 1.9% | – | – | – |
| Cable One, Inc.12685JAG0 | NOTE 1.125% 3/1 | – | $57.7M | 2.0% | – | – | – |
| Halozyme Therapeutics, Inc.40637HAD1 | NOTE 0.250% 3/0 | – | $58.0M | 2.0% | – | New | – |
| BA.PABoeing Co | DEP CONV PFD A | 841,981 | $58.6M | 2.0% | −3,742−0.4% | Reduced | History |
| Lantheus Hldgs Inc516544AB9 | NOTE 2.625%12/1 | – | $58.7M | 2.0% | – | – | – |
| PG&E Corp69331CAL2 | NOTE 4.250%12/0 | – | $61.3M | 2.1% | – | – | – |
| Western Digital Corp958102AT2 | NOTE 3.000%11/1 | – | $61.7M | 2.1% | – | – | – |
| Advanced Energy Inds007973AE0 | NOTE 2.500% 9/1 | – | $62.7M | 2.1% | – | – | – |
| Mirum Pharmaceuticals, Inc.604749AB7 | NOTE 4.000% 5/0 | – | $63.1M | 2.1% | – | – | – |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | – | $63.3M | 2.2% | – | – | – |
| Tetra Tech Inc88162GAB9 | DBCV 2.250% 8/1 | – | $63.5M | 2.2% | – | – | – |
| QXO.PBQXO, Inc. | 5.50 DEP PFD | 1,186,085 | $65.5M | 2.2% | +267,383+29.1% | Added | History |
| Seagate HDD Cayman81180WBL4 | NOTE 3.500% 6/0 | – | $73.7M | 2.5% | – | – | – |
Sold out since Q2 2025 (19)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| NICE Ltd.653656AB4 | NOTE 9/1 | – | $57.6M | 1.8% | – |
| Halozyme Therapeutics, Inc.40637HAF6 | NOTE 1.000% 8/1 | – | $49.8M | 1.6% | – |
| Nextera Energy Inc65339F713 | UNIT 09/01/2025 | 1,204,627 | $48.0M | 1.5% | – |
| Centennial Resource Dev Inc15136AAA0 | NOTE 3.250% 4/0 | – | $35.8M | 1.1% | – |
| Chart Inds Inc16115Q407 | 6.75DP CNV PFD B | 400,972 | $24.4M | 0.8% | – |
| Kosmos Energy Ltd.500688AH9 | NOTE 3.125% 3/1 | – | $22.0M | 0.7% | – |
| FETForum Energy Technologies, Inc. | COM | 809,235 | $15.8M | 0.5% | History |
| Envista Holdings Corp29415FAD6 | NOTE 1.750% 8/1 | – | $13.9M | 0.4% | – |
| Okta, Inc.679295AD7 | NOTE 0.125% 9/0 | – | $13.7M | 0.4% | – |
| Summit Hotel Pptys Inc866082AA8 | NOTE 1.500% 2/1 | – | $13.0M | 0.4% | – |
| TransMedics Group, Inc.89377MAB5 | NOTE 1.500% 6/0 | – | $9.82M | 0.3% | – |
| MHIPioneer Municipal High Income Fund, Inc. | COM SHS | 777,329 | $7.12M | 0.2% | History |
| MAVPioneer Municipal High Income Advantage Fund, Inc. | COM | 736,710 | $6.11M | 0.2% | History |
| NCL Corp Ltd62886HAX9 | NOTE 5.375% 8/0 | – | $4.53M | 0.1% | – |
| Solaredge Technologies, Inc.83417MAD6 | NOTE 9/1 | – | $3.09M | 0.1% | – |
| NBBNuveen Taxable Municipal Income Fund | COM | 156,775 | $2.48M | 0.1% | History |
| American Airls Group Inc02376RAF9 | NOTE 6.500% 7/0 | – | $2.32M | 0.1% | – |
| MYIBlackRock Muniyield Quality Fund III, Inc. | COM | 88,233 | $925.6K | <0.1% | History |
| NANNuveen New York Quality Municipal Income Fund | COM | 53,530 | $610.8K | <0.1% | History |