MACKAY SHIELDS LLC

CIK

61227

Location

New York, NY

Portfolio Value

Small $251,980,189

Diversification

Diversified

Filing Date

Global Rank

#4,056 / 8,633 ▼ 484

Top Industry

Asset Management 63.7%

3Y Alpha vs SPY

-12.4%

Period ended 52 days ago

Filed Jul 28, 2026 · 24d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+28.8%

SPY

+73.6%

Annualised alpha

-11.4%

Max drawdown

−15.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

18 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

17.8%

+5.7 pts

Top 5

62.0%

+10.6 pts

Top 10

89.9%

+6.5 pts

HHI

1,015

Diversified+228

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	56.0%	$141,032,104	11
Energy	28.1%	$70,754,294	3
Unclassified	12.1%	$30,418,265	2
Communication Services	3.8%	$9,545,878	1
Healthcare	0.1%	$229,648	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
BTT	BlackRock Municipal 2030 Target Term Trust	+401,718	1,967,980	$44,771,544
WBD	Warner Bros. Discovery, Inc.	+131,810	358,060	$9,545,878
MFM	Aberdeen Municipal Income Fund	+667	333,822	$1,876,079
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
MUJ	Blackrock Muniholdings New Jersey Quality Fund, Inc.	−265,980	881,952	$10,856,828
MIY	Blackrock Muniyield Michigan Quality Fund, Inc.	−179,222	479,747	$5,886,494
TALO	Talos Energy Inc.	−165,189	1,163,908	$15,026,050
MYI	Blackrock Muniyield Quality Fund III, Inc.	−87,252	439,004	$4,877,333
IAU	Ishares Gold Trust	−62,130	328,020	$24,768,790
NINE	Nine Energy Service, Inc.	−54,869	3,011,565	$39,180,459
MUC	Blackrock Muniholdings California Quality Fund, Inc.	−18,025	128,815	$1,415,675
GPOR	Gulfport Energy Corp	−1,080	97,512	$16,547,785
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
MCHP	Microchip Technology Inc	601,047	$34,241,646
NBH	Neuberger Municipal Fund Inc.	623,277	$6,326,261
NRK	Nuveen New York Amt-Free Quality Municipal Income Fund	519,880	$5,307,974
VGM	Invesco Trust for Investment Grade Municipals	209,167	$2,064,477
VKQ	Invesco Municipal Trust	208,814	$1,987,908
VMO	Invesco Municipal Opportunity Trust	126,255	$1,200,684
NZF	Nuveen Municipal Credit Income Fund	55,659	$677,926
VKI	Invesco Advantage Municipal Income Trust II	45,320	$392,470
NQP	NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND	117,934	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 tracked positions · $251,980,189 total · as of Jun 30, 2026

All sectors Communication Services Energy Financial Services Healthcare

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BTT	BlackRock Municipal 2030 Target Term Trust Financial Services	Added	1,967,980	+401,718	$44,771,544	+25.9%	17.77%
NINE	Nine Energy Service, Inc. Energy	Reduced	3,011,565	-54,869	$39,180,459	+55.8%	15.55%
IAU	Ishares Gold Trust	Reduced	328,020	-62,130	$24,768,790	−28.0%	9.83%
MYN	Blackrock Muniyield New York Quality Fund, Inc. Financial Services	Held	2,349,687	0	$23,849,322	+5.7%	9.46%
MHD	Blackrock Muniholdings Fund, Inc. Financial Services	Held	1,982,355	0	$23,590,024	+5.5%	9.36%
MQY	Blackrock Muniyield Quality Fund, Inc. Financial Services	Held	1,594,019	0	$18,490,619	+5.6%	7.34%
GPOR	Gulfport Energy Corp Energy	Reduced	97,512	-1,080	$16,547,785	−20.7%	6.57%
TALO	Talos Energy Inc. Energy	Reduced	1,163,908	-165,189	$15,026,050	−28.3%	5.96%
MUJ	Blackrock Muniholdings New Jersey Quality Fund, Inc. Financial Services	Reduced	881,952	-265,980	$10,856,828	−18.3%	4.31%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	358,060	+131,810	$9,545,878	+53.6%	3.79%
MIY	Blackrock Muniyield Michigan Quality Fund, Inc. Financial Services	Reduced	479,747	-179,222	$5,886,494	−24.8%	2.34%
GLD	Spdr Gold Trust	Held	15,336	0	$5,649,475	−14.4%	2.24%
MYI	Blackrock Muniyield Quality Fund III, Inc. Financial Services	Reduced	439,004	-87,252	$4,877,333	−11.8%	1.94%
VFL	abrdn National Municipal Income Fund Financial Services	Held	401,695	0	$4,165,577	—	1.65%
MFM	Aberdeen Municipal Income Fund Financial Services	Added	333,822	+667	$1,876,079	+4.5%	0.74%
MUC	Blackrock Muniholdings California Quality Fund, Inc. Financial Services	Reduced	128,815	-18,025	$1,415,675	−7.3%	0.56%
EIM	Eaton Vance Municipal Bond Fund Financial Services	Held	125,764	0	$1,252,609	+1.9%	0.50%
WW	Ww International, Inc. Healthcare	Held	14,371	0	$229,648	+16.3%	0.09%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.