MACKAY SHIELDS LLC

Filed: 5/3/2024ACC: 0001085146-24-002185

📋 What this filing means

MACKAY SHIELDS LLC filed this quarterly 13F‑HR report disclosing 140 equity positions with a total reported market value of $3.61B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

140

Positions

$3.61B

Total AUM (reported)

2.63B

Total Shares

Allocation by class

COM$285.23M7.9%

COMMON SHARES$131.96M3.7%

NOTE 9/1$128.79M3.6%

NOTE 0.250% 5/1$103.93M2.9%

DBCV 2.750% 6/0$103.32M2.9%

NOTE 3/1$92.68M2.6%

NOTE 3/0$92.49M2.6%

Portfolio Concentration

Top 3$349.27M9.7%

4–10$541.93M15.0%

11–25$782.98M21.7%

Rest$1.93B53.6%

Top 3 weight

9.7%

Top 10 weight

24.7%

Voting Authority Distribution

Total shares with voting rights: 2.63B

Sole

Full voting authority

182.83M

% of voting shares6.9%

Shared

Joint voting authority

2.45B

% of voting shares93.0%

None

No voting authority

281.49K

% of voting shares0.0%

Investment Discretion (by position count)

Sole50

Shared0

Other90

Dominant voting typeShared · 93.0% of voting shares

Institutional Holdings140

Rows:

GULFPORT ENERGY CORP

OTR

COMMON SHARES

Shares822.62K

TypeSH

Market value$131.96M

3.66%

Sole

131.87K

Shared

690.75K

None

0.00

NICE LTD

SOLE

NOTE 9/1

Shares108.27M

TypePRN

Market value$113.38M

3.14%

Sole

4.62M

Shared

103.64M

None

11K

PIONEER NAT RES CO

SOLE

NOTE 0.250% 5/1

Shares36.29M

TypePRN

Market value$103.93M

2.88%

Sole

1.75M

Shared

34.53M

None

NRG ENERGY INC

DFND

DBCV 2.750% 6/0

Shares62.37M

TypePRN

Market value$103.32M

2.86%

Sole

3.23M

Shared

59.13M

None

MICROCHIP TECHNOLOGY INC.

OTR

NOTE 0.125%11/1

Shares77.86M

TypePRN

Market value$82.96M

2.30%

Sole

3.23M

Shared

74.62M

None

BIOMARIN PHARMACEUTICAL INC

OTR

NOTE 1.250% 5/1

Shares75.70M

TypePRN

Market value$75.04M

2.08%

Sole

3.30M

Shared

72.40M

None

0.00

PALO ALTO NETWORKS INC

DFND

NOTE 0.375% 6/0

Shares25.87M

TypePRN

Market value$73.94M

2.05%

Sole

930K

Shared

24.93M

None

FORD MTR CO DEL

OTR

NOTE 3/1

Shares69.83M

TypePRN

Market value$72.49M

2.01%

Sole

3.13M

Shared

66.70M

None

EXACT SCIENCES CORP

OTR

NOTE 0.375% 3/0

Shares75.16M

TypePRN

Market value$69.47M

1.93%

Sole

3.44M

Shared

71.72M

None

SOUTHWEST AIRLS CO

DFND

NOTE 1.250% 5/0

Shares63.74M

TypePRN

Market value$64.71M

1.79%

Sole

2.42M

Shared

61.32M

None

LANTHEUS HLDGS INC

DFND

NOTE 2.625%12/1

Shares56.88M

TypePRN

Market value$63.10M

1.75%

Sole

2.71M

Shared

54.17M

None

VAIL RESORTS INC

OTR

NOTE 1/0

Shares68.07M

TypePRN

Market value$62.58M

1.73%

Sole

2.52M

Shared

65.53M

None

INTEGER HLDGS CORP

OTR

NOTE 2.125% 2/1

Shares43.09M

TypePRN

Market value$62.36M

1.73%

Sole

2.04M

Shared

41.05M

None

PATRICK INDS INC

SOLE

NOTE 1.750%12/0

Shares43.07M

TypePRN

Market value$55.75M

1.55%

Sole

1.97M

Shared

41.08M

None

LUMENTUM HLDGS INC

OTR

NOTE 0.500%12/1

Shares60.78M

TypePRN

Market value$53.60M

1.49%

Sole

2.74M

Shared

58.03M

None

MGP INGREDIENTS INC NEW

SOLE

NOTE 1.875%11/1

Shares47.92M

TypePRN

Market value$51.92M

1.44%

Sole

2.30M

Shared

45.62M

None

CONMED CORP

DFND

NOTE 2.250% 6/1

Shares56.02M

TypePRN

Market value$51.31M

1.42%

Sole

2.63M

Shared

53.38M

None

NEXTERA ENERGY INC

SOLE

UNIT 09/01/2025

Shares1.26M

TypeSH

Market value$49.55M

1.37%

Sole

79.31K

Shared

1.18M

None

282.00

LIVE NATION ENTERTAINMENT IN

OTR

NOTE 3.125% 1/1

Shares41.08M

TypePRN

Market value$49.44M

1.37%

Sole

2.18M

Shared

38.89M

None

ON SEMICONDUCTOR CORP

SOLE

NOTE 0.500% 3/0

Shares49.80M

TypePRN

Market value$49.25M

1.36%

Sole

2.38M

Shared

47.41M

None

0.00

OIL STS INTL INC

OTR

NOTE 4.750% 4/0

Shares50.73M

TypePRN

Market value$49.10M

1.36%

Sole

2.41M

Shared

48.33M

None

0.00

APOLLO GLOBAL MGMT INC

DFND

SER A MAND CNV

Shares748.15K

TypeSH

Market value$48.00M

1.33%

Sole

39.48K

Shared

708.54K

None

127.00

BLOCK INC

OTR

NOTE 0.125% 3/0

Shares44.91M

TypePRN

Market value$46.08M

1.28%

Sole

1.76M

Shared

43.15M

None

DEXCOM INC

OTR

NOTE 0.250%11/1

Shares41.73M

TypePRN

Market value$45.94M

1.27%

Sole

2.32M

Shared

39.41M

None

PERMIAN RESOURCES CORP

OTR

NOTE 3.250% 4/0

Shares15.19M

TypePRN

Market value$44.99M

1.25%

Sole

716K

Shared

14.47M

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
GULFPORT ENERGY CORPOTR	COMMON SHARES	822.62K	SH	$131.96M 3.66%	131.87K	690.75K	0.00
NICE LTDSOLE	NOTE 9/1	108.27M	PRN	$113.38M 3.14%	4.62M	103.64M	11K
PIONEER NAT RES COSOLE	NOTE 0.250% 5/1	36.29M	PRN	$103.93M 2.88%	1.75M	34.53M	5K
NRG ENERGY INCDFND	DBCV 2.750% 6/0	62.37M	PRN	$103.32M 2.86%	3.23M	59.13M	7K
MICROCHIP TECHNOLOGY INC.OTR	NOTE 0.125%11/1	77.86M	PRN	$82.96M 2.30%	3.23M	74.62M	8K
BIOMARIN PHARMACEUTICAL INCOTR	NOTE 1.250% 5/1	75.70M	PRN	$75.04M 2.08%	3.30M	72.40M	0.00
PALO ALTO NETWORKS INCDFND	NOTE 0.375% 6/0	25.87M	PRN	$73.94M 2.05%	930K	24.93M	5K
FORD MTR CO DELOTR	NOTE 3/1	69.83M	PRN	$72.49M 2.01%	3.13M	66.70M	7K
EXACT SCIENCES CORPOTR	NOTE 0.375% 3/0	75.16M	PRN	$69.47M 1.93%	3.44M	71.72M	4K
SOUTHWEST AIRLS CODFND	NOTE 1.250% 5/0	63.74M	PRN	$64.71M 1.79%	2.42M	61.32M	5K
LANTHEUS HLDGS INCDFND	NOTE 2.625%12/1	56.88M	PRN	$63.10M 1.75%	2.71M	54.17M	5K
VAIL RESORTS INCOTR	NOTE 1/0	68.07M	PRN	$62.58M 1.73%	2.52M	65.53M	8K
INTEGER HLDGS CORPOTR	NOTE 2.125% 2/1	43.09M	PRN	$62.36M 1.73%	2.04M	41.05M	5K
PATRICK INDS INCSOLE	NOTE 1.750%12/0	43.07M	PRN	$55.75M 1.55%	1.97M	41.08M	9K
LUMENTUM HLDGS INCOTR	NOTE 0.500%12/1	60.78M	PRN	$53.60M 1.49%	2.74M	58.03M	7K
MGP INGREDIENTS INC NEWSOLE	NOTE 1.875%11/1	47.92M	PRN	$51.92M 1.44%	2.30M	45.62M	5K
CONMED CORPDFND	NOTE 2.250% 6/1	56.02M	PRN	$51.31M 1.42%	2.63M	53.38M	7K
NEXTERA ENERGY INCSOLE	UNIT 09/01/2025	1.26M	SH	$49.55M 1.37%	79.31K	1.18M	282.00
LIVE NATION ENTERTAINMENT INOTR	NOTE 3.125% 1/1	41.08M	PRN	$49.44M 1.37%	2.18M	38.89M	7K
ON SEMICONDUCTOR CORPSOLE	NOTE 0.500% 3/0	49.80M	PRN	$49.25M 1.36%	2.38M	47.41M	0.00
OIL STS INTL INCOTR	NOTE 4.750% 4/0	50.73M	PRN	$49.10M 1.36%	2.41M	48.33M	0.00
APOLLO GLOBAL MGMT INCDFND	SER A MAND CNV	748.15K	SH	$48.00M 1.33%	39.48K	708.54K	127.00
BLOCK INCOTR	NOTE 0.125% 3/0	44.91M	PRN	$46.08M 1.28%	1.76M	43.15M	4K
DEXCOM INCOTR	NOTE 0.250%11/1	41.73M	PRN	$45.94M 1.27%	2.32M	39.41M	6K
PERMIAN RESOURCES CORPOTR	NOTE 3.250% 4/0	15.19M	PRN	$44.99M 1.25%	716K	14.47M	0.00

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