MacKay Shields
Latest statistics and disclosures from MacKay Shields's latest quarterly 13F-HR filing:
- Top 5 stock holdings are Icahn Enterprises Lp conv bnd, Gilead Sciences conv, PCS, Apache Corp. 6% Mandatory Conv pfd cv, Danaher Corp Del debt. These five stock positions account for 17.78% of MacKay Shields's total stock portfolio.
- Added to shares of PCS (+$72.39M), Intel Corp. Jr. Sub. Cv. Deb. conv (+$25.41M), Ford Mtr Co Del note 4.250%11/1 (+$18.25M), Arcc 4 7/8 03/15/17 (+$18.22M), Cien 4 12/15/20 (+$18.21M), Priceline.com debt 1.000% 3/1 (+$15.57M), Airtran Hldgs Inc note 5.250%11/0 (+$13.21M), Continental Airls Inc note 4.500% 1/1 (+$10.98M), Chart Industries 2% conv (+$10.84M), Kb Home note (+$10.45M).
- Started new stock positions in Volcano Corporation note 1.750%12/0, Airtran Hldgs Inc note 5.250%11/0, Nextera Energy Inc unit, Priceline.com debt 1.000% 3/1, LEA, Cien 4 12/15/20, PCS, Nuveen Ins Ny Tx Fr Adv Mun, Comtech Telecommunications Cor conv, Rti Intl Metals Inc note 3.000%12/0, Kb Home note, Radian Group Inc note, Arcc 4 7/8 03/15/17, Walter Invt Mgmt Corp note.
- Reduced shares in these stocks: Amgen Inc note 0.375% 2/0 (-$50.24M), Anixter Intl Inc note 1.000% 2/1 (-$17.65M), CXO (-$16.92M), CLR (-$16.54M), WLL (-$16.26M), Coinstar Inc note 4.000% 9/0 (-$16.19M), Allegheny Technologies Inc note 4.250% 6/0 (-$15.10M), Molson Coors Brewing Co note 2.500% 7/3 (-$14.23M), L-3 Communications Corp debt 3.000% 8/0 (-$12.83M), Xilinx Inc Cvt 2.625 6-15-17 convert (-$12.82M).
- Sold out of its positions in Amgen Inc note 0.375% 2/0, Anixter Intl Inc note 1.000% 2/1, Arcelormittal Sa Luxembourg note 5.000% 5/1, Arvinmeritor Inc frnt 4.000% 2/1, Note 3.50, Coinstar Inc note 4.000% 9/0, CXO, CLR, COST,
- As of March 31, 2013, MacKay Shields has $1.92B in assets under management (AUM). Assets under management dropped from a total value of $2.01B to $1.92B.
- Independent of market fluctuations, MacKay Shields was a net seller by $186.99M worth of stocks in the most recent quarter.
MacKay Shields portfolio companies for quarter ending March 2013
| Ticker | Name | Portfolio Weight | Change | Share Count | Price | Last Trade |
|---|---|---|---|---|---|---|
| Icahn Enterprises Lp conv bnd | 4.43 | -4.00% | 85118000 | 1.00 | 0.00 | |
| Gilead Sciences conv | 3.88 | -13.00% | 34429000 | 2.17 | 0.00 | |
| PCS | MetroPCS Communications | 3.76 | NEW | 6641214 | 10.90 | 11.69 |
| Apache Corp. 6% Mandatory Conv pfd cv | 2.90 | -9.00% | 1252138 | 44.54 | 0.00 | |
| Danaher Corp Del debt | 2.81 | -11.00% | 29873000 | 1.81 | 0.00 | |
| Stanley Black & Decker Inc unit 99/99/9999 | 2.59 | -6.00% | 393185 | 126.59 | 0.00 | |
| E M C Corp Mass note 1.750%12/0 | 2.44 | -9.00% | 31467000 | 1.49 | 0.00 | |
| Teva Pharm Finance Llc Cvt cv bnd | 2.42 | -7.00% | 44743000 | 1.04 | 0.00 | |
| Metlife Inc 5% 10/0/14 Conv Pr cv prf | 2.33 | +4.00% | 908349 | 49.40 | 0.00 | |
| United Technol conv prf | 2.22 | -11.00% | 713560 | 59.89 | 0.00 | |
| Teleflex Inc note 3.875% 8/0 | 2.06 | -11.00% | 27343000 | 1.45 | 0.00 | |
| Covanta Holding Conv conv bnd | 1.91 | -9.00% | 28540000 | 1.29 | 0.00 | |
| Chart Industries 2% conv | 1.81 | +45.00% | 25591000 | 1.36 | 0.00 | |
| GM | General Motors Company | 1.80 | -6.00% | 1247462 | 27.82 | 33.42 |
| Gold | 1.75 | 1000000 | 33.63 | 0.00 | ||
| Peabody Energy Corp sdcv 4.750%12/1 | 1.71 | -11.00% | 40006000 | 0.82 | 0.00 | |
| Microchip Technology Inc sdcv 2.125%12/1 | 1.68 | +43.00% | 22822000 | 1.42 | 0.00 | |
| Citi | 1.65 | -2.00% | 716699 | 44.24 | 0.00 | |
| Allegheny Technologies Inc note 4.250% 6/0 | 1.55 | -33.00% | 27560000 | 1.08 | 0.00 | |
| Biomarin Pharmaceutical Inc note 1.875% 4/2 | 1.49 | -13.00% | 9300000 | 3.09 | 0.00 | |
| Mylan Inc note 3.750% 9/1 | 1.43 | -12.00% | 12374000 | 2.22 | 0.00 | |
| Wabash National Corp 3.375 '18 conv | 1.42 | +19.00% | 22622000 | 1.21 | 0.00 | |
| Sba Communications Corp note 4.000%10/0 | 1.40 | -13.00% | 11283000 | 2.39 | 0.00 | |
| F | Ford Motor Company | 1.37 | 2009500 | 13.15 | 15.08 | |
| Continental Airls Inc note 4.500% 1/1 | 1.36 | +72.00% | 14594000 | 1.79 | 0.00 | |
| Intel Corp. Jr. Sub. Cv. Deb. conv | 1.35 | +4965.00% | 21425000 | 1.21 | 0.00 | |
| General Mtrs Co jr pfd cnv srb | 1.34 | +6.00% | 599706 | 42.94 | 0.00 | |
| Omnicom Group Inc note 7/0 | 1.34 | -7.00% | 21724000 | 1.19 | 0.00 | |
| Verisign Inc sdcv 3.250% 8/1 | 1.32 | -25.00% | 17047000 | 1.49 | 0.00 | |
| Salix Pharmaceuticals Inc note 2.750% 5/1 | 1.30 | -12.00% | 19383000 | 1.29 | 0.00 | |
| Ford Mtr Co Del note 4.250%11/1 | 1.23 | +333.00% | 14740000 | 1.61 | 0.00 | |
| Omnicare Inc note 3.750%12/1 | 1.21 | -14.00% | 14312000 | 1.62 | 0.00 | |
| GAME Technolog debt | 1.20 | -13.00% | 21438000 | 1.08 | 0.00 | |
| Helix Energy Solutions note | 1.14 | 17755000 | 1.23 | 0.00 | ||
| Hologic Inc cnv | 1.07 | -15.00% | 19653000 | 1.05 | 0.00 | |
| U.s. Concrete Inc Cmn | 0.99 | -3.00% | 1379903 | 13.81 | 0.00 | |
| On Semiconductor Corp note 2.625%12/1 | 0.98 | -16.00% | 16562000 | 1.14 | 0.00 | |
| Bank Of America Corporation preferred | 0.97 | -29.00% | 15220 | 1220.76 | 0.00 | |
| Cien 4 12/15/20 | 0.95 | NEW | 15173000 | 1.20 | 0.00 | |
| Arcc 4 7/8 03/15/17 | 0.95 | NEW | 17184000 | 1.06 | 0.00 | |
| Novellus Systems, Inc. note 2.625% 5/1 | 0.83 | -16.00% | 11645000 | 1.37 | 0.00 | |
| Xilinx Inc Cvt 2.625 6-15-17 convert | 0.81 | -45.00% | 10921000 | 1.42 | 0.00 | |
| Priceline.com debt 1.000% 3/1 | 0.81 | NEW | 14027000 | 1.11 | 0.00 | |
| Wells Fargo & Company Non-cum Perpet cnv | 0.80 | -12.00% | 11922 | 1288.71 | 0.00 | |
| Medivation Inc note 2.625% 4/0 | 0.79 | 12380000 | 1.23 | 0.00 | ||
| Holdings Inc Note 5.25 | 0.78 | -16.00% | 5519000 | 2.71 | 0.00 | |
| Insulet Corporation Cvt 3.75 0 convert | 0.76 | 12239000 | 1.19 | 0.00 | ||
| Wesco Intl Inc dbcv 6.000% 9/1 | 0.75 | -39.00% | 5478000 | 2.63 | 0.00 | |
| Mgm Mirage conv | 0.75 | -11.00% | 13165000 | 1.09 | 0.00 | |
| Ppl Corp unit 99/99/9999 | 0.74 | -19.00% | 259546 | 54.85 | 0.00 | |
| Apollo Invt Corp note 5.750% 1/1 | 0.73 | -3.00% | 13189000 | 1.06 | 0.00 | |
| Lam Research Corp note 0.500% 5/1 | 0.71 | +41.00% | 13354000 | 1.02 | 0.00 | |
| Sandisk Corp note 1.500% 8/1 | 0.69 | -35.00% | 10231000 | 1.29 | 0.00 | |
| Airtran Hldgs Inc note 5.250%11/0 | 0.69 | NEW | 9177000 | 1.44 | 0.00 | |
| Bottomline Tech Del Inc note 1.500%12/0 | 0.69 | +282.00% | 11413000 | 1.17 | 0.00 | |
| Nuance Communications Inc note 2.750%11/0 | 0.69 | +18.00% | 12705000 | 1.04 | 0.00 | |
| Goodyear Tire Rubr Pfd 5.875% pfd | 0.68 | -14.00% | 298636 | 43.51 | 0.00 | |
| Akorn Inc note 3.500% 6/0 | 0.68 | -34.00% | 7512000 | 1.73 | 0.00 | |
| Omnicare Cap Tr Ii pfd b tr 4.00% | 0.63 | 234970 | 51.50 | 0.00 | ||
| Boston Pptys Ltd Partnership note 3.750% 5/1 | 0.61 | -3.00% | 11422000 | 1.03 | 0.00 | |
| MRK | Merck & Co | 0.55 | -29.00% | 239532 | 44.23 | 45.99 |
| Jns 3.25% 7/15/2014 note | 0.54 | -2.00% | 9984000 | 1.05 | 0.00 | |
| Kb Home note | 0.54 | NEW | 9500000 | 1.10 | 0.00 | |
| Textron Inc note 4.500% 5/0 | 0.53 | -4.00% | 4526000 | 2.26 | 0.00 | |
| Intel Corp sdcv | 0.53 | -41.00% | 9624000 | 1.06 | 0.00 | |
| Xpo Logistics note 4.5% 10/1 | 0.52 | -25.00% | 8414000 | 1.19 | 0.00 | |
| BHI | Baker Hughes Incorporated | 0.48 | 201000 | 46.41 | 47.53 | |
| CIT | CIT | 0.47 | 208001 | 43.48 | 44.45 | |
| Affiliated Managers Group note 3.950% 8/1 | 0.46 | -4.00% | 7117000 | 1.25 | 0.00 | |
| Ttm Technologies Inc note 3.250% 5/1 | 0.44 | -21.00% | 8530000 | 1.00 | 0.00 | |
| Sothebys note 3.125% 6/1 | 0.44 | 7500000 | 1.12 | 0.00 | ||
| Alza Corp sdcv 7/2 | 0.44 | 7605000 | 1.12 | 0.00 | ||
| Radian Group Inc note | 0.44 | NEW | 7000000 | 1.21 | 0.00 | |
| Newmont Mining Corp Cvt cv bnd | 0.42 | +1518.00% | 6540000 | 1.23 | 0.00 | |
| Rti Intl Metals Inc note 3.000%12/0 | 0.42 | NEW | 6886000 | 1.16 | 0.00 | |
| Comtech Telecommunications Cor conv | 0.42 | NEW | 7813000 | 1.03 | 0.00 | |
| HAL | Halliburton Company | 0.41 | 195042 | 40.41 | 45.25 | |
| Steel Dynamics Inc note 5.125% 6/1 | 0.39 | -31.00% | 6661000 | 1.12 | 0.00 | |
| Sba Communications Corp note 1.875% 5/0 | 0.34 | 3814000 | 1.73 | 0.00 | ||
| IO | ION Geophysical Corporation | 0.32 | 891000 | 6.81 | 6.28 | |
| Molson Coors Brewing Co note 2.500% 7/3 | 0.30 | -70.00% | 5658000 | 1.03 | 0.00 | |
| Ares Capital Corp 5.75 16 convert | 0.29 | +2915.00% | 5126000 | 1.08 | 0.00 | |
| Volcano Corporation note 1.750%12/0 | 0.28 | NEW | 5535000 | 0.99 | 0.00 | |
| Symantec Corp note 1.000% 6/1 | 0.27 | -29.00% | 4041000 | 1.29 | 0.00 | |
| SYMC | Symantec Corporation | 0.27 | -38.00% | 213200 | 24.68 | 24.30 |
| Notes Gencorp Inc. 4.0625% dbcv | 0.26 | -38.00% | 3215000 | 1.56 | 0.00 | |
| Industries N shs - a - | 0.22 | -55.00% | 66640 | 63.30 | 0.00 | |
| Nuance Communications Inc dbcv 2.750% 8/1 | 0.19 | -33.00% | 2966000 | 1.22 | 0.00 | |
| TIBX | Tibco Software | 0.19 | 181948 | 20.22 | 22.20 | |
| Newmont Mining Corp note 1.250% 7/1 | 0.17 | -73.00% | 2875000 | 1.12 | 0.00 | |
| Archer Daniels Midland Co note 0.875% 2/1 | 0.16 | 3007000 | 1.01 | 0.00 | ||
| Hartford Finl Svcs Group Inc dep conv pfd | 0.15 | -72.00% | 121863 | 23.77 | 0.00 | |
| Hornbeck Offshore Svcs Inc N frnt 1.625%11/1 | 0.15 | -37.00% | 2714000 | 1.08 | 0.00 | |
| Newpark Res Inc note 4.000%10/0 | 0.15 | -35.00% | 2425000 | 1.17 | 0.00 | |
| Ensco Plc Shs Class A | 0.15 | 47000 | 60.00 | 0.00 | ||
| Ciena Corp note 0.875% 6/1 | 0.14 | -38.00% | 3064000 | 0.90 | 0.00 | |
| Medtronic Inc note 1.625% 4/1 | 0.14 | -82.00% | 2777000 | 1.00 | 0.00 | |
| TDW | Tidewater | 0.13 | 50200 | 50.50 | 57.68 | |
| Lam Research Corp conv | 0.13 | -52.00% | 2394000 | 1.07 | 0.00 | |
| Quantum Corp note 3.500%11/1 | 0.12 | 2575000 | 0.92 | 0.00 | ||
| Walter Invt Mgmt Corp note | 0.11 | NEW | 2025000 | 1.08 | 0.00 | |
| SLB | Schlumberger | 0.09 | 22000 | 74.91 | 75.74 | |
| Alcoa Inc debt | 0.09 | +9.00% | 1206000 | 1.39 | 0.00 | |
| NUM | Nuveen Michigan Qlity Incom Municipal Fd | 0.09 | +5.00% | 119553 | 15.15 | 14.98 |
| United States Stl Corp New note 4.000% 5/1 | 0.08 | -6.00% | 1456000 | 1.05 | 0.00 | |
| NPY | Nuveen Pennsylvania Premium Income Munic | 0.08 | 110423 | 14.44 | 14.21 | |
| NQP | Nuveen PA Investnt Quality Municipal Fd | 0.06 | 82233 | 14.99 | 14.75 | |
| MCA | Blackrock Muniyield California Ins Fund | 0.06 | -14.00% | 67820 | 16.22 | 15.92 |
| LEA | Lear Corporation | 0.05 | NEW | 18117 | 54.87 | 61.03 |
| Spdr Series Trust cmn | 0.05 | 18000 | 58.50 | 0.00 | ||
| BFO | BlackRock Florida Municipal 2020 Term Tr | 0.04 | 53100 | 15.73 | 15.60 | |
| Nextera Energy Inc unit | 0.03 | NEW | 9216 | 54.58 | 0.00 | |
| Alpha Natural Resources Inc note 2.375% 4/1 | 0.02 | 371000 | 0.95 | 0.00 | ||
| DYNEGY INC Common stock | 0.02 | 13120 | 24.01 | 0.00 | ||
| Chesapeake Energy Corp note 2.500% 5/1 | 0.01 | -25.00% | 200000 | 0.96 | 0.00 | |
| Nuveen Ins Ny Tx Fr Adv Mun | 0.01 | NEW | 17036 | 14.44 | 0.00 | |
| NCO | Nuveen California Municipal Market Op Fd | 0.01 | -72.00% | 12355 | 15.86 | 16.12 |
Past 13F-HR SEC Filings for MacKay Shields
- MacKay Shields 2012 Q4 - filed Jan. 22, 2013
- MacKay Shields 2012 Q3 - filed Oct. 23, 2012
- MacKay Shields 2012 Q2 - filed July 31, 2012
- MacKay Shields 2012 Q1 - filed May 1, 2012
- MacKay Shields 2011 Q4 - filed Jan. 18, 2012
- MacKay Shields 2011 Q3 - filed Nov. 2, 2011
- MacKay Shields 2011 Q2 - filed July 29, 2011
- MacKay Shields 2011 Q1 - filed May 13, 2011