MacKay Shields

MacKay Shields as of Sept. 30, 2011

Portfolio Holdings for MacKay Shields

MacKay Shields holds 165 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Core Laboratories Lp note 0.250%10/3 3.7 $79M 39M 2.03
E M C Corp Mass note 1.750%12/0 3.6 $77M 55M 1.41
Allegheny Technologies Inc note 4.250% 6/0 2.7 $58M 48M 1.21
Apache Corp. 6% Mandatory Conv pfd cv 2.5 $55M 1.1M 51.17
Biomarin Pharmaceutical Inc note 1.875% 4/2 2.4 $52M 31M 1.67
Peabody Energy Corp sdcv 4.750%12/1 2.4 $52M 50M 1.04
St Mary Ld & Expl Co note 3.500% 4/0 2.2 $48M 39M 1.22
Gilead Sciences conv 2.1 $46M 42M 1.08
Teleflex Inc note 3.875% 8/0 2.1 $45M 42M 1.09
Amgen Inc note 0.375% 2/0 2.0 $44M 45M 0.99
Teva Pharm Finance Llc Cvt cv bnd 2.0 $43M 42M 1.03
Microchip Technology Inc sdcv 2.125%12/1 1.7 $37M 32M 1.16
Sba Communications Corp note 1.875% 5/0 1.7 $36M 34M 1.04
GAME Technolog debt 1.6 $34M 30M 1.15
On Semiconductor Corp note 2.625%12/1 1.5 $33M 31M 1.07
Covanta Holding Conv conv bnd 1.5 $33M 30M 1.09
Virgin Media Inc note 6.500%11/1 1.5 $32M 21M 1.50
Citigroup Inc unit 1.5 $32M 397k 80.12
Stanley Black & Decker Inc unit 99/99/9999 1.5 $32M 307k 103.08
Danaher Corp Del debt 1.4 $31M 25M 1.22
Sandisk Corp note 1.500% 8/1 1.4 $29M 28M 1.05
Ttm Technologies Inc note 3.250% 5/1 1.4 $29M 29M 1.00
General Motors Company (GM) 1.3 $29M 1.4M 20.18
Incyte Corp note 4.750%10/0 1.2 $25M 14M 1.78
General Mtrs Co jr pfd cnv srb 1.1 $25M 708k 35.08
Molson Coors Brewing Co note 2.500% 7/3 1.1 $24M 23M 1.06
Steel Dynamics Inc note 5.125% 6/1 1.1 $23M 22M 1.03
Newmont Mining Corp note 1.250% 7/1 1.0 $22M 15M 1.46
Hartford Finl Svcs Group Inc dep conv p 1.0 $22M 1.1M 19.26
Coinstar Inc note 4.000% 9/0 1.0 $22M 18M 1.25
Verisign Inc sdcv 3.250% 8/1 1.0 $21M 21M 1.02
Metlife Inc 5% 10/0/14 Conv Pr cv prf 1.0 $21M 370k 56.56
Viropharma Inc note 2.000% 3/1 0.9 $20M 17M 1.20
Wesco Intl Inc dbcv 6.000% 9/1 0.9 $20M 14M 1.42
Ppl Corp unit 99/99/9999 0.9 $20M 366k 55.29
Medtronic Inc note 1.625% 4/1 0.9 $20M 20M 1.00
Note 3.50 0.9 $20M 20M 0.97
Ford Motor Company (F) 0.9 $19M 2.0M 9.67
L-3 Communications Corp debt 3.000% 8/0 0.9 $19M 20M 0.95
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $19M 18k 1032.75
Bank Of America Corporation preferred (BAC.PL) 0.9 $19M 25k 765.09
Mgm Mirage conv 0.9 $19M 22M 0.88
Anixter Intl Inc note 1.000% 2/1 0.9 $19M 18M 1.02
Verifone Sys Inc note 1.375% 6/1 0.8 $18M 18M 1.04
Mylan Inc note 1.250% 3/1 0.8 $18M 18M 1.00
China Med Technologies Inc note 4.000% 8/1 0.8 $17M 27M 0.64
Ingersoll-rand Global Hldg C debt 0.8 $17M 11M 1.60
Goodyear Tire Rubr Pfd 5.875% p 0.8 $16M 414k 38.87
Omnicom Group Inc note 7/0 0.7 $16M 15M 1.03
Equinix Inc note 3.000%10/1 0.7 $16M 15M 1.05
Chesapeake Energy Corp note 2.750%11/1 0.7 $16M 15M 1.04
Transocean Inc note 1.500%12/1 0.7 $15M 16M 0.97
Savient Pharmaceuticals note 0.7 $15M 22M 0.70
Intel Corp sdcv 0.7 $15M 14M 1.02
Salix Pharmaceuticals 0.7 $14M 481k 29.60
Textron Inc note 4.500% 5/0 0.6 $13M 8.6M 1.51
Boston Pptys Ltd Partnership note 3.750% 5/1 0.6 $13M 12M 1.09
Jns 3.25% 7/15/2014 note 0.6 $13M 13M 0.98
Omnicare Cap Tr Ii pfd b tr 4.00% 0.6 $13M 311k 41.25
Notes Gencorp Inc. 4.0625% dbcv 0.6 $13M 15M 0.87
Arvinmeritor Inc frnt 4.000% 2/1 0.6 $12M 18M 0.69
Omnicare Inc note 3.750%12/1 0.5 $12M 10M 1.12
Mf Global Hldgs Ltd note 1.875% 2/0 0.5 $12M 14M 0.80
Mylan Inc note 3.750% 9/1 0.5 $11M 7.5M 1.46
Insulet Corporation Cvt 3.75 0 convert 0.5 $11M 12M 0.92
Amr Corp note 6.250%10/1 0.5 $11M 18M 0.59
Spartan Stores Inc note 3.375% 5/1 0.5 $11M 11M 0.94
Merck & Co (MRK) 0.5 $11M 321k 32.71
Costco Companies Inc note 8/1 0.5 $11M 5.6M 1.87
Arcelormittal Sa Luxembourg note 5.000% 5/1 0.5 $10M 9.9M 1.05
Synopsys (SNPS) 0.5 $10M 413k 24.36
Holdings Inc Note 5.25 0.5 $9.8M 7.5M 1.31
Symantec Corp note 1.000% 6/1 0.5 $9.7M 8.5M 1.14
Iconix Brand 0.5 $9.8M 620k 15.80
Citigroup (C) 0.5 $9.7M 378k 25.62
Central European Media sr nt cv 5%15 0.5 $9.8M 14M 0.71
United States Stl Corp New note 4.000% 5/1 0.4 $9.6M 9.1M 1.05
Lucent Technologies Inc dbcv 2.875% 6/1 0.4 $9.2M 9.9M 0.93
Sonic Automotive Inc note 5.000% 10/0 0.4 $9.2M 8.3M 1.11
Teva Pharmaceutical Industries (TEVA) 0.4 $8.6M 231k 37.22
D Synnex Corp Ser B Sr Uns Conv convrt bonds 0.4 $8.6M 7.8M 1.11
Alpha Natural Resources Inc note 2.375% 4/1 0.4 $8.2M 8.7M 0.95
Alza Corp sdcv 7/2 0.4 $8.2M 9.1M 0.90
Triumph (TGI) 0.4 $8.2M 168k 48.74
Nuance Communications Inc dbcv 2.750% 8/1 0.4 $8.0M 6.4M 1.26
Microsoft Corporation (MSFT) 0.4 $7.9M 318k 24.89
Baker Hughes Incorporated 0.4 $7.7M 166k 46.16
Salix Pharmaceuticals Inc note 2.750% 5/1 0.4 $7.8M 7.8M 1.00
Stanley Wks frnt 5/1 0.3 $7.3M 7.0M 1.03
Ford Mtr Co Del note 4.250%11/1 0.3 $7.4M 5.7M 1.30
Affiliated Managers Group note 3.950% 8/1 0.3 $7.4M 7.0M 1.05
Netapp Inc note 1.750% 6/0 0.3 $7.2M 5.9M 1.22
Symantec Corporation 0.3 $7.0M 431k 16.30
Chart Industries 2% conv 0.3 $6.6M 7.0M 0.94
Cit 0.3 $6.4M 211k 30.37
CHECK POINT SOFTWARE Technolog Com Stk (CHKP) 0.3 $6.4M 121k 52.76
Equinix Inc note 4.750% 6/1 0.3 $6.3M 4.9M 1.28
ResMed (RMD) 0.3 $6.0M 208k 28.79
Halliburton Company (HAL) 0.3 $6.1M 200k 30.52
U.s. Concrete Inc Cmn 0.3 $6.1M 1.5M 4.17
Hollyfrontier Corp 0.3 $6.1M 233k 26.22
Blue Coat Systems 0.3 $5.9M 424k 13.88
Massey Energy Co note 3.250% 8/0 0.2 $5.3M 6.0M 0.89
Micron Technology Inc note 4.250%10/1 0.2 $5.4M 4.4M 1.24
Tidewater 0.2 $4.9M 116k 42.05
iGATE Corporation 0.2 $4.9M 424k 11.54
Newpark Res Inc note 4.000%10/0 0.2 $5.0M 5.4M 0.92
Vale Cap Ii gtd cv 6.75%12 0.2 $4.6M 72k 63.31
ION Geophysical Corporation 0.2 $4.2M 891k 4.73
Health Care Reit Inc Cvt cv bnd 0.2 $4.4M 4.1M 1.07
Nii Hldgs Inc note 3.125% 6/1 0.2 $4.0M 4.0M 1.01
Archer Daniels Midland Co note 0.875% 2/1 0.2 $4.0M 4.0M 1.00
TeleCommunication Systems 0.2 $4.2M 1.2M 3.45
China Mobile 0.2 $3.8M 78k 48.69
Bpz Resources Inc bond 0.2 $3.9M 4.8M 0.83
Home Inns & Hotels Mgmt Inc note 2.000%12/1 0.2 $3.8M 5.0M 0.76
Asbury Automotive Group Inc note 3.000% 9/1 0.2 $3.4M 3.5M 0.98
Invitrogen Corp note 1.500% 2/1 0.2 $3.3M 3.3M 1.01
Advanced Micro Devices (AMD) 0.2 $3.4M 673k 5.08
ViroPharma Incorporated 0.1 $3.1M 170k 18.07
Transocean (RIG) 0.1 $2.8M 59k 47.73
Novartis (NVS) 0.1 $2.7M 49k 55.73
GlaxoSmithKline 0.1 $2.7M 66k 41.31
Omnicom Group Inc debt 0.1 $2.5M 2.5M 1.02
Leap Wireless Intl Inc note 4.500% 7/1 0.1 $2.4M 2.7M 0.89
Mf Global Hldgs Ltd note 3.375% 8/0 0.1 $2.4M 3.0M 0.79
Sandisk Corp note 1.000% 5/1 0.1 $2.1M 2.1M 0.97
Mentor Graphics Corporation 0.1 $2.2M 224k 9.62
Avis Budget (CAR) 0.1 $2.2M 232k 9.67
Icon 0.1 $2.1M 129k 16.04
Ciena Corp note 0.875% 6/1 0.1 $1.9M 2.5M 0.74
Bank of America Corporation (BAC) 0.1 $1.9M 307k 6.12
Alcoa Inc debt 0.1 $1.9M 1.1M 1.64
Morgan Stanley California Quality (IQC) 0.1 $1.9M 149k 12.86
Hewlett-Packard Company 0.1 $1.7M 77k 22.45
Nuveen California Municipal Market Op (NCO) 0.1 $1.7M 125k 13.80
Arvinmeritor Inc frnt 4.625% 3/0 0.1 $1.5M 2.0M 0.77
Forest Oil Corporation 0.1 $1.6M 110k 14.40
Nuveen Pennsylvania Premium Income Munic (NPY) 0.1 $1.5M 110k 13.22
Invesco California Ins Mun Inc Trust 0.1 $1.6M 112k 14.10
Nuveen CA Dividend Advantage Muni. Fund (NAC) 0.1 $1.4M 105k 13.53
Nuveen Michigan Qlity Incom Municipal 0.1 $1.6M 113k 13.93
Nuveen PA Investnt Quality Municipal (NQP) 0.1 $1.3M 89k 14.57
Eni S.p.A. (E) 0.1 $1.1M 32k 35.14
Blackrock Muniyield California Ins Fund 0.1 $1.1M 79k 13.87
Morgan Stanley (MS) 0.0 $787k 58k 13.50
Nuveen Ca Invt Quality Mun F 0.0 $808k 57k 14.24
Blackrock MuniHoldings CA Insrd Fnd (MUC) 0.0 $889k 63k 14.17
Gulf Island Fabrication (GIFI) 0.0 $620k 30k 20.67
McDermott International 0.0 $709k 66k 10.76
Babcock & Wilcox 0.0 $644k 33k 19.54
Meritor 0.0 $661k 94k 7.06
Teradyne Inc note 4.500% 3/1 0.0 $422k 198k 2.13
TTM Technologies (TTMI) 0.0 $476k 50k 9.52
BlackRock MuniYield California Fund 0.0 $353k 25k 14.23
Invesco Insured Municipal Income Trust (IIM) 0.0 $382k 25k 15.46
Invesco Quality Municipal Securities 0.0 $494k 35k 14.27
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.0 $356k 25k 14.36
Borgwarner Inc note 3.500% 4/1 0.0 $220k 118k 1.86
Invesco Municipal Income Opp Trust (OIA) 0.0 $243k 38k 6.33
Invesco Quality Municipal Inc Trust (IQI) 0.0 $158k 12k 12.85
Nuveen California Performanc Plus Mun (NCP) 0.0 $210k 15k 13.91
Nuveen New York Invst. Qlty. Mun. Fund (NQN) 0.0 $167k 12k 14.40
Blackrock Nj Municipal Bond 0.0 $278k 20k 13.97
Gilead Sciences Inc note 0.625% 5/0 0.0 $9.0k 8.0k 1.12