MacKay Shields

MacKay Shields as of Dec. 31, 2011

Portfolio Holdings for MacKay Shields

MacKay Shields holds 152 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Apache Corp. 6% Mandatory Conv pfd cv 3.5 $76M 1.4M 54.28
E M C Corp Mass note 1.750%12/0 3.4 $74M 52M 1.44
Allegheny Technologies Inc note 4.250% 6/0 3.1 $67M 48M 1.40
Biomarin Pharmaceutical Inc note 1.875% 4/2 2.6 $55M 31M 1.78
Teva Pharm Finance Llc Cvt cv bnd 2.5 $55M 53M 1.04
Gilead Sciences conv 2.5 $55M 50M 1.10
Peabody Energy Corp sdcv 4.750%12/1 2.5 $54M 53M 1.02
St Mary Ld & Expl Co note 3.500% 4/0 2.4 $52M 38M 1.37
Amgen Inc note 0.375% 2/0 2.3 $50M 50M 1.01
Teleflex Inc note 3.875% 8/0 2.1 $45M 37M 1.21
Microchip Technology Inc sdcv 2.125%12/1 1.9 $40M 30M 1.35
Sba Communications Corp note 1.875% 5/0 1.8 $39M 34M 1.13
Stanley Black & Decker Inc unit 99/99/9999 1.7 $37M 315k 117.25
GAME Technolog debt 1.6 $35M 30M 1.19
Danaher Corp Del debt 1.5 $33M 24M 1.37
Citigroup Inc unit 1.5 $32M 393k 81.14
Covanta Holding Conv conv bnd 1.5 $32M 30M 1.05
Bank Of America Corporation preferred (BAC.PL) 1.4 $31M 39k 786.97
Ttm Technologies Inc note 3.250% 5/1 1.4 $30M 29M 1.05
General Motors Company (GM) 1.4 $29M 1.4M 20.27
Virgin Media Inc note 6.500%11/1 1.4 $29M 21M 1.39
Wesco Intl Inc dbcv 6.000% 9/1 1.3 $28M 14M 2.03
Omnicom Group Inc note 7/0 1.3 $28M 26M 1.06
Sandisk Corp note 1.500% 8/1 1.3 $27M 23M 1.18
Incyte Corp note 4.750%10/0 1.2 $27M 14M 1.88
Verisign Inc sdcv 3.250% 8/1 1.2 $27M 22M 1.20
Coinstar Inc note 4.000% 9/0 1.2 $26M 20M 1.31
Salix Pharmaceuticals Inc note 2.750% 5/1 1.2 $25M 20M 1.30
Viropharma Inc note 2.000% 3/1 1.2 $25M 16M 1.59
Mgm Mirage conv 1.1 $24M 25M 0.95
Molson Coors Brewing Co note 2.500% 7/3 1.1 $23M 22M 1.06
Steel Dynamics Inc note 5.125% 6/1 1.0 $22M 20M 1.09
Ford Motor Company (F) 1.0 $22M 2.0M 10.76
Symantec Corp note 1.000% 6/1 1.0 $21M 19M 1.12
Newmont Mining Corp note 1.250% 7/1 1.0 $21M 15M 1.39
Anixter Intl Inc note 1.000% 2/1 0.9 $20M 18M 1.14
Medtronic Inc note 1.625% 4/1 0.9 $19M 19M 1.01
Ppl Corp unit 99/99/9999 0.9 $20M 352k 55.44
Goodyear Tire Rubr Pfd 5.875% p 0.9 $19M 400k 48.62
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $19M 18k 1055.46
L-3 Communications Corp debt 3.000% 8/0 0.9 $19M 19M 0.96
Verifone Sys Inc note 1.375% 6/1 0.8 $18M 18M 1.03
Ingersoll-rand Global Hldg C debt 0.8 $18M 10M 1.72
Mylan Inc note 1.250% 3/1 0.8 $17M 17M 1.00
On Semiconductor Corp note 2.625%12/1 0.8 $17M 15M 1.11
Metlife Inc 5% 10/0/14 Conv Pr cv prf 0.8 $17M 269k 61.62
On Semiconductor Corp note 2.625%12/1 0.8 $17M 15M 1.11
Core Laboratories 0.8 $16M 143k 113.95
Salix Pharmaceuticals 0.8 $16M 338k 47.85
Intel Corp sdcv 0.7 $16M 15M 1.05
Hartford Finl Svcs Group Inc dep conv p 0.7 $15M 805k 18.78
Transocean Inc note 1.500%12/1 0.7 $14M 15M 0.98
Omnicare Inc note 3.750%12/1 0.7 $15M 10M 1.40
Boston Pptys Ltd Partnership note 3.750% 5/1 0.6 $14M 12M 1.15
Chesapeake Energy Corp note 2.750%11/1 0.6 $14M 14M 0.98
Ciena Corp note 0.875% 6/1 0.6 $13M 17M 0.76
Mylan Inc note 3.750% 9/1 0.6 $13M 7.5M 1.75
Notes Gencorp Inc. 4.0625% dbcv 0.6 $13M 15M 0.91
General Mtrs Co jr pfd cnv srb 0.6 $13M 378k 34.25
China Med Technologies Inc note 4.000% 8/1 0.6 $12M 21M 0.58
Merck & Co (MRK) 0.6 $12M 321k 37.70
Insulet Corporation Cvt 3.75 0 convert 0.6 $12M 12M 1.02
Jns 3.25% 7/15/2014 note 0.6 $12M 12M 0.99
Synopsys (SNPS) 0.5 $11M 413k 27.20
Spartan Stores Inc note 3.375% 5/1 0.5 $11M 11M 0.93
Sonic Automotive Inc note 5.000% 10/0 0.5 $11M 7.9M 1.33
Costco Companies Inc note 8/1 0.5 $11M 5.6M 1.90
Intermune Inc note 2.500% 9/1 0.5 $11M 14M 0.75
Iconix Brand 0.5 $10M 620k 16.29
United States Stl Corp New note 4.000% 5/1 0.5 $10M 9.1M 1.11
Omnicare Cap Tr Ii pfd b tr 4.00% 0.5 $10M 217k 46.37
Arcelormittal Sa Luxembourg note 5.000% 5/1 0.5 $10M 9.5M 1.05
Holdings Inc Note 5.25 0.5 $9.9M 6.4M 1.56
Citigroup (C) 0.5 $9.9M 378k 26.31
Baker Hughes Incorporated 0.5 $9.8M 202k 48.64
Alpha Natural Resources Inc note 2.375% 4/1 0.4 $9.4M 10M 0.93
D Synnex Corp Ser B Sr Uns Conv convrt bonds 0.4 $9.2M 7.8M 1.18
Nuance Communications Inc dbcv 2.750% 8/1 0.4 $8.7M 6.0M 1.44
Sothebys note 3.125% 6/1 0.4 $8.6M 7.5M 1.14
Triumph (TGI) 0.4 $8.7M 149k 58.45
Central European Media sr nt cv 5%15 0.4 $8.7M 14M 0.63
Alza Corp sdcv 7/2 0.4 $8.5M 9.1M 0.93
Arvinmeritor Inc frnt 4.000% 2/1 0.4 $8.5M 13M 0.65
Ford Mtr Co Del note 4.250%11/1 0.4 $8.2M 5.7M 1.44
Lucent Technologies Inc dbcv 2.875% 6/1 0.4 $8.2M 9.3M 0.88
Affiliated Managers Group note 3.950% 8/1 0.4 $7.7M 7.0M 1.09
Equinix Inc note 3.000%10/1 0.3 $7.6M 6.8M 1.12
Chart Industries 2% conv 0.3 $7.5M 7.1M 1.06
Cit 0.3 $7.4M 211k 34.87
Stanley Wks frnt 5/1 0.3 $7.4M 6.7M 1.11
Halliburton Company (HAL) 0.3 $6.9M 200k 34.51
Symantec Corporation 0.3 $6.8M 431k 15.65
Equinix Inc note 4.750% 6/1 0.3 $6.5M 4.6M 1.41
Rovi Corp conv 0.3 $6.6M 6.6M 1.00
iGATE Corporation 0.3 $6.2M 392k 15.73
Avis Budget (CAR) 0.3 $5.8M 545k 10.72
Newpark Res Inc note 4.000%10/0 0.3 $5.7M 5.0M 1.14
Micron Technology Inc note 4.250%10/1 0.3 $5.8M 4.1M 1.41
Tidewater 0.3 $5.7M 116k 49.30
ION Geophysical Corporation 0.2 $5.5M 891k 6.13
Hollyfrontier Corp 0.2 $5.4M 233k 23.40
Quantum Corp note 3.500%11/1 0.2 $5.4M 5.6M 0.96
Note 3.50 0.2 $5.3M 5.2M 1.02
Cal Dive Intl Inc note 3.250%12/1 0.2 $5.1M 5.0M 1.01
Massey Energy Co note 3.250% 8/0 0.2 $5.0M 5.5M 0.92
Industries N shs - a - (LYB) 0.2 $4.9M 151k 32.49
Health Care Reit Inc Cvt cv bnd 0.2 $4.7M 4.1M 1.14
U.s. Concrete Inc Cmn 0.2 $4.3M 1.5M 2.90
Archer Daniels Midland Co note 0.875% 2/1 0.2 $4.0M 4.0M 1.01
Vale Cap Ii gtd cv 6.75%12 0.2 $4.0M 67k 59.90
Leap Wireless Intl Inc note 4.500% 7/1 0.2 $3.8M 4.4M 0.87
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 $3.6M 3.5M 1.01
Nii Hldgs Inc note 3.125% 6/1 0.2 $3.5M 3.4M 1.01
Invitrogen Corp note 1.500% 2/1 0.1 $3.3M 3.3M 1.00
Morgan Stanley California Quality (IQC) 0.1 $3.2M 235k 13.72
Omnicom Group Inc debt 0.1 $2.7M 2.5M 1.08
Transocean (RIG) 0.1 $2.3M 59k 38.39
Sandisk Corp note 1.000% 5/1 0.1 $2.1M 2.1M 0.98
Hartford Financial Services (HIG) 0.1 $2.2M 133k 16.25
Ixia note 0.1 $2.2M 2.3M 0.98
Microsoft Corporation (MSFT) 0.1 $2.1M 79k 25.96
Hewlett-Packard Company 0.1 $2.0M 77k 25.76
SPDR Barclays Capital Convertible SecETF (CWB) 0.1 $2.0M 55k 36.16
TeleCommunication Systems 0.1 $1.7M 725k 2.35
Alcoa Inc debt 0.1 $1.7M 1.1M 1.52
Nuveen California Municipal Market Op (NCO) 0.1 $1.8M 122k 14.64
Nuveen Michigan Qlity Incom Municipal 0.1 $1.7M 113k 14.62
Forest Oil Corporation 0.1 $1.5M 110k 13.55
Nuveen Pennsylvania Premium Income Munic (NPY) 0.1 $1.5M 110k 13.99
Nuveen PA Investnt Quality Municipal (NQP) 0.1 $1.4M 89k 15.14
Blue Coat Systems 0.1 $1.2M 46k 25.46
Blackrock Muniyield California Ins Fund 0.1 $1.1M 79k 14.33
Invesco California Ins Mun Inc Trust 0.1 $1.2M 76k 15.21
Nuveen CA Dividend Advantage Muni. Fund (NAC) 0.1 $1.1M 78k 14.25
Netapp Inc note 1.750% 6/0 0.0 $780k 614k 1.27
Gulf Island Fabrication (GIFI) 0.0 $876k 30k 29.20
McDermott International 0.0 $759k 66k 11.52
Babcock & Wilcox 0.0 $795k 33k 24.13
Blackrock MuniHoldings CA Insrd Fnd (MUC) 0.0 $933k 63k 14.87
TTM Technologies (TTMI) 0.0 $548k 50k 10.96
Teradyne Inc note 4.500% 3/1 0.0 $507k 198k 2.56
Nuveen Ca Invt Quality Mun F 0.0 $415k 28k 14.69
BlackRock MuniYield California Fund 0.0 $373k 25k 15.04
Invesco Quality Municipal Securities 0.0 $509k 35k 14.70
Meritor 0.0 $498k 94k 5.32
Nortek 0.0 $399k 15k 27.50
Borgwarner Inc note 3.500% 4/1 0.0 $229k 118k 1.94
Invesco Municipal Income Opp Trust (OIA) 0.0 $255k 38k 6.64
Nuveen New York Invst. Qlty. Mun. Fund (NQN) 0.0 $179k 12k 15.43
Blackrock Nj Municipal Bond 0.0 $258k 17k 15.31