MacKay Shields

MacKay Shields as of March 31, 2011

Portfolio Holdings for MacKay Shields

MacKay Shields holds 170 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Cameron International Corp note 2.500% 6/1 3.7 $112M 69M 1.62
E M C Corp Mass note 1.750%12/0 3.2 $98M 57M 1.71
Core Laboratories Lp note 0.250%10/3 2.9 $88M 40M 2.23
Allegheny Technologies Inc note 4.250% 6/0 2.8 $84M 48M 1.76
Apache Corp. 6% Mandatory Conv pfd cv 2.4 $74M 1.0M 70.86
Nokia Corporation (NOK) 2.4 $72M 8.5M 8.51
Peabody Energy Corp sdcv 4.750%12/1 2.2 $67M 50M 1.33
Fisher Scientific Intl Inc note 3.250% 3/0 2.2 $66M 48M 1.37
St Mary Ld & Expl Co note 3.500% 4/0 1.9 $56M 39M 1.43
Amgen Inc note 0.375% 2/0 1.8 $54M 54M 1.00
Citigroup Inc unit 1.6 $49M 388k 126.90
Chesapeake Energy Corp note 2.750%11/1 1.6 $49M 42M 1.17
Biomarin Pharmaceutical Inc note 1.875% 4/2 1.5 $46M 34M 1.36
Royal Dutch Shell 1.5 $44M 609k 72.89
Microchip Technology Inc sdcv 2.125%12/1 1.4 $44M 32M 1.37
Amr Corp note 6.250%10/1 1.4 $44M 41M 1.06
Teleflex Inc note 3.875% 8/0 1.4 $43M 38M 1.13
Sba Communications Corp note 1.875% 5/0 1.4 $42M 37M 1.14
Ttm Technologies Inc note 3.250% 5/1 1.3 $40M 29M 1.38
Danaher Corp Del debt 1.3 $40M 27M 1.50
Triumph Group Inc New note 2.625%10/0 1.3 $40M 24M 1.64
Nii Hldgs Inc note 3.125% 6/1 1.3 $40M 39M 1.01
United Auto Group Inc note 3.500% 4/0 1.3 $38M 38M 1.00
China Mobile 1.2 $37M 804k 46.25
Mylan Inc note 1.250% 3/1 1.2 $37M 34M 1.10
On Semiconductor Corp note 2.625%12/1 1.2 $37M 31M 1.18
Metlife Inc 5% 10/0/14 Conv Pr cv prf 1.1 $34M 406k 84.85
L-3 Communications Corp debt 3.000% 8/0 1.1 $34M 34M 1.01
General Mtrs Co jr pfd cnv srb 1.1 $34M 712k 48.20
Transocean Inc note 1.500%12/1 1.1 $34M 35M 0.98
Wesco Intl Inc dbcv 6.000% 9/1 1.1 $34M 14M 2.38
Steel Dynamics Inc note 5.125% 6/1 1.1 $33M 26M 1.28
Note 3.50 1.1 $33M 25M 1.32
Virgin Media Inc note 6.500%11/1 1.1 $32M 19M 1.70
Equinix Inc note 4.750% 6/1 1.0 $30M 23M 1.35
Medtronic Inc note 1.625% 4/1 1.0 $30M 29M 1.03
GAME Technolog debt 1.0 $30M 26M 1.15
Ingersoll-rand Global Hldg C debt 1.0 $29M 11M 2.72
Incyte Corp note 4.750%10/0 0.9 $29M 14M 2.01
Sandisk Corp note 1.500% 8/1 0.9 $27M 24M 1.14
Cephalon Inc note 2.500% 5/0 0.9 $27M 23M 1.20
Verisign Inc sdcv 3.250% 8/1 0.9 $27M 22M 1.21
Molson Coors Brewing Co note 2.500% 7/3 0.9 $27M 23M 1.16
Toyota Motor Corporation (TM) 0.9 $26M 323k 80.20
Bank Of America Corporation preferred (BAC.PL) 0.8 $26M 26k 1010.98
China Med Technologies Inc note 4.000% 8/1 0.8 $25M 27M 0.90
Stanley Black & Decker Inc unit 99/99/9999 0.8 $24M 202k 119.71
Credit Suisse Group 0.8 $23M 549k 42.60
Hartford Finl Svcs Group Inc dep conv p 0.8 $23M 881k 26.07
Anixter Intl Inc note 1.000% 2/1 0.8 $23M 18M 1.26
Ppl Corp unit 99/99/9999 0.7 $20M 376k 53.00
Newmont Mining Corp note 1.250% 7/1 0.6 $19M 15M 1.32
Omnicare Inc note 3.750%12/1 0.6 $19M 15M 1.29
Notes Gencorp Inc. 4.0625% dbcv 0.6 $18M 18M 1.00
Halliburton Company (HAL) 0.6 $18M 357k 49.84
Nuance Communications Inc dbcv 2.750% 8/1 0.6 $18M 14M 1.26
Viropharma Inc note 2.000% 3/1 0.6 $17M 14M 1.28
Grupo Televisa (TV) 0.6 $17M 704k 24.53
Textron Inc note 4.500% 5/0 0.6 $17M 7.9M 2.14
Sonic Automotive Inc note 5.000% 10/0 0.6 $17M 13M 1.32
Savient Pharmaceuticals note 0.5 $16M 14M 1.18
United States Stl Corp New note 4.000% 5/1 0.5 $16M 8.7M 1.83
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.5 $15M 15k 1035.18
Arvinmeritor Inc frnt 4.000% 2/1 0.5 $15M 16M 0.99
Ubs Ag Cmn 0.5 $15M 844k 18.05
Mf Global Hldgs Ltd note 1.875% 2/0 0.5 $15M 15M 1.03
Citi 0.5 $15M 3.4M 4.42
Ford Motor Company (F) 0.5 $15M 1000k 14.91
Arcelormittal Sa Luxembourg note 5.000% 5/1 0.5 $14M 9.7M 1.45
Omnicare Cap Tr Ii pfd b tr 4.00% 0.5 $14M 312k 45.25
U.s. Concrete Inc Cmn 0.5 $14M 1.5M 9.51
Salix Pharmaceuticals Inc note 2.750% 5/1 0.5 $14M 13M 1.08
Longtop Financial Technologies 0.5 $14M 437k 31.38
Vodafone 0.4 $13M 461k 28.74
Iconix Brand 0.4 $13M 620k 21.48
Novartis (NVS) 0.4 $13M 241k 54.30
Boston Pptys Ltd Partnership note 3.750% 5/1 0.4 $13M 11M 1.15
Alpha Natural Resources Inc note 2.375% 4/1 0.4 $13M 9.4M 1.36
Holdings Inc Note 5.25 0.4 $13M 6.3M 2.02
Baker Hughes Incorporated 0.4 $12M 167k 73.43
Coinstar Inc note 4.000% 9/0 0.4 $13M 9.0M 1.39
Salix Pharmaceuticals 0.4 $13M 356k 35.03
Central European Media sr nt cv 5%15 0.4 $13M 14M 0.92
Spartan Stores Inc note 3.375% 5/1 0.4 $11M 12M 0.96
ION Geophysical Corporation 0.4 $11M 891k 12.69
GlaxoSmithKline 0.4 $11M 283k 38.38
Omnicom Group Inc note 7/0 0.4 $11M 9.7M 1.13
Merck & Co (MRK) 0.3 $11M 324k 33.01
BHP Billiton (BHP) 0.3 $11M 112k 95.82
Invitrogen Corp note 3.250% 6/1 0.3 $9.9M 8.8M 1.12
Ford Mtr Co Del note 4.250%11/1 0.3 $9.8M 5.4M 1.82
Symantec Corporation 0.3 $9.8M 530k 18.54
D Synnex Corp Ser B Sr Uns Conv convrt bonds 0.3 $9.8M 7.6M 1.29
Symantec Corp note 1.000% 6/1 0.3 $9.3M 7.7M 1.21
Cit 0.3 $9.0M 211k 42.55
Stanley Wks frnt 5/1 0.3 $9.1M 7.3M 1.24
Intel Corp sdcv 0.3 $9.1M 8.8M 1.03
Costco Companies Inc note 8/1 0.3 $9.0M 5.5M 1.63
Costco Wholesale Corporation (COST) 0.3 $8.7M 119k 73.32
Ciena Corp note 0.875% 6/1 0.3 $8.3M 8.5M 0.98
Alza Corp sdcv 7/2 0.3 $8.5M 9.9M 0.86
Affiliated Managers Group note 3.950% 8/1 0.3 $8.4M 7.1M 1.18
Companhia Siderurgica Nacional (SID) 0.3 $8.0M 483k 16.66
Microsoft Corporation (MSFT) 0.3 $8.2M 323k 25.36
Tidewater 0.2 $7.1M 118k 59.85
Frontier Oil Corporation 0.2 $7.1M 242k 29.32
Vale Cap Ii gtd cv 6.75%12 0.2 $6.9M 75k 92.76
Gilead Sciences Inc note 0.625% 5/0 0.2 $6.6M 5.4M 1.22
Philip Morris International (PM) 0.2 $6.5M 99k 65.63
Ryanair Holdings 0.2 $6.7M 241k 27.77
Beckman Coulter Inc note 2.500%12/1 0.2 $6.1M 5.1M 1.19
Arvinmeritor Inc frnt 4.625% 3/0 0.2 $5.7M 5.0M 1.13
Medtronic Inc note 1.500% 4/1 0.2 $5.7M 5.7M 1.00
Newpark Res Inc note 4.000%10/0 0.2 $5.8M 5.6M 1.04
Bpz Resources Inc bond 0.2 $5.5M 4.8M 1.16
Vale (VALE) 0.2 $5.2M 157k 33.33
Hewlett-Packard Company 0.2 $5.1M 125k 40.97
Transocean (RIG) 0.2 $4.8M 62k 77.95
Eni S.p.A. (E) 0.2 $4.7M 97k 49.14
ViroPharma Incorporated 0.2 $4.8M 239k 19.90
Archer Daniels Midland Co note 0.875% 2/1 0.1 $4.5M 4.0M 1.12
Health Care Reit Inc Cvt cv bnd 0.1 $4.4M 4.0M 1.12
Bank of America Corporation (BAC) 0.1 $4.1M 307k 13.33
Forest Oil Corporation 0.1 $4.3M 113k 37.83
TeleCommunication Systems 0.1 $4.4M 1.1M 4.12
Quad/Graphics (QUAD) 0.1 $4.3M 100k 42.54
Mastec note 4% 06/14 0.1 $4.4M 2.9M 1.50
Invitrogen Corp note 1.500% 2/1 0.1 $3.8M 3.3M 1.16
Asbury Automotive Group Inc note 3.000% 9/1 0.1 $3.5M 3.5M 0.99
Boston Scientific Corporation (BSX) 0.1 $3.6M 499k 7.19
Mentor Graphics Corporation 0.1 $3.3M 224k 14.63
Coinstar 0.1 $3.2M 70k 45.92
Advanced Micro Devices (AMD) 0.1 $3.4M 400k 8.60
Teva Pharmaceutical Industries (TEVA) 0.1 $2.9M 58k 50.15
Verigy 0.1 $3.1M 222k 14.09
Alcoa Inc debt 0.1 $3.1M 1.1M 2.82
Leap Wireless Intl Inc note 4.500% 7/1 0.1 $2.6M 2.7M 0.97
Omnicom Group Inc debt 0.1 $2.8M 2.5M 1.11
Allergan Inc note 1.500% 4/0 0.1 $2.3M 2.1M 1.12
Sandisk Corp note 1.000% 5/1 0.1 $2.1M 2.1M 0.99
Nabors Inds Inc note 0.940% 5/1 0.1 $2.2M 2.2M 1.00
McDermott International 0.1 $1.7M 69k 25.39
Morgan Stanley California Quality (IQC) 0.1 $1.7M 149k 11.36
Morgan Stanley (MS) 0.1 $1.7M 61k 27.33
Invesco California Ins Mun Inc Trust 0.1 $1.4M 112k 12.44
Nuveen Michigan Qlity Incom Municipal 0.1 $1.5M 113k 12.96
FormFactor (FORM) 0.0 $1.3M 124k 10.30
Babcock & Wilcox 0.0 $1.1M 34k 33.37
3m Co cv bnd 0.0 $1.2M 1.3M 0.95
Nuveen Pennsylvania Premium Income Munic (NPY) 0.0 $1.3M 110k 12.18
Nuveen PA Investnt Quality Municipal (NQP) 0.0 $1.2M 92k 13.08
Nuveen California Municipal Market Op (NCO) 0.0 $1.4M 110k 12.34
Nuveen CA Dividend Advantage Muni. Fund (NAC) 0.0 $1.3M 105k 12.06
Teradyne Inc note 4.500% 3/1 0.0 $768k 230k 3.34
Gulf Island Fabrication (GIFI) 0.0 $965k 30k 32.17
Blackrock MuniHoldings CA Insrd Fnd (MUC) 0.0 $780k 63k 12.43
Blackrock Muniyield California Ins Fund 0.0 $979k 79k 12.39
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.0 $863k 66k 13.02
Triumph (TGI) 0.0 $539k 6.1k 88.40
Nuveen Ca Invt Quality Mun F 0.0 $697k 57k 12.29
Borgwarner Inc note 3.500% 4/1 0.0 $289k 118k 2.45
Invesco Municipal Income Opp Trust (OIA) 0.0 $232k 38k 6.04
Nuveen California Performanc Plus Mun (NCP) 0.0 $185k 15k 12.25
Nuveen New York Invst. Qlty. Mun. Fund (NQN) 0.0 $153k 12k 13.19
BlackRock MuniYield California Fund 0.0 $315k 25k 12.70
Invesco Insured Municipal Income Trust (IIM) 0.0 $343k 25k 13.88
Invesco Quality Municipal Securities 0.0 $448k 35k 12.94
Isis Pharmaceuticals Inc Del note 2.625% 2/1 0.0 $43k 44k 0.98
Avis Budget (CAR) 0.0 $82k 4.6k 17.83
Invesco Quality Municipal Inc Trust (IQI) 0.0 $147k 12k 11.95