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Portfolio (Quarterly) Guide ↗

MACKAY SHIELDS LLC

· CIK 0000061227
13F Portfolio $2.9B AUM 340 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 10 New 7 Added 91 Reduced 14 Exited
Page 2 of 7  ·  132 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 NCL CORP LTD 38,891,000.0 $38.9M 1.36% -420K -1.1% $1.00
22 IAU ISHARES GOLD TR Financial Services 475,000.0 $38.6M 1.35% -50K -9.5% $81.17 +4.5%
23 SHIFT4 PMTS INC 39,492,000.0 $38.1M 1.33% -405K -1.0% $0.96
24 ETSY INC 37,045,000.0 $37.5M 1.31% -448K -1.2% $1.01
25 CHEFS WHSE INC 23,784,000.0 $36.2M 1.26% -316K -1.3% $1.52
26 PATRICK INDS INC 21,148,000.0 $36.0M 1.26% -2.2M -9.4% $1.70
27 MERITAGE HOMES CORP 36,370,000.0 $35.9M 1.26% -654K -1.8% $0.99
28 MICROCHIP TECHNOLOGY INC. 601,474.0 $35.1M 1.23% -8K -1.3% $58.42
29 AKAMAI TECHNOLOGIES INC 33,859,000.0 $34.0M 1.19% -9.6M -22.1% $1.00
30 DEXCOM INC 36,913,000.0 $34.0M 1.19% -377K -1.0% $0.92
31 DATADOG INC 33,802,000.0 $33.8M 1.18% NEW $1.00
32 BIOMARIN PHARMACEUTICAL INC 34,655,000.0 $33.3M 1.16% -551K -1.6% $0.96
33 TALO TALOS ENERGY INC Energy 3,008,435.0 $33.2M 1.16% -90K -2.9% $11.02 +45.6%
34 BRIDGEBIO PHARMA INC 28,678,000.0 $32.3M 1.13% -244K -0.8% $1.13
35 FORD MTR CO 30,093,000.0 $31.3M 1.10% -683K -2.2% $1.04
36 LIVE NATION ENTERTAINMENT IN 29,685,000.0 $31.3M 1.09% NEW $1.05
37 BTT BLACKROCK MUN TARGET TERM TR Financial Services 1,364,127.0 $31.1M 1.09% -56K -3.9% $22.82 -0.7%
38 TYLER TEX INDPT SCH DIST 30,319,000.0 $30.7M 1.07% -302K -1.0% $1.01
39 BURLINGTON STORES INC 20,379,000.0 $30.3M 1.06% -182K -0.9% $1.49
40 FLUOR CORP 26,298,000.0 $30.0M 1.05% -432K -1.6% $1.14
Page 2 of 7  ·  132 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 75.3%
Energy 21.8%
Communication Services 2.6%
Consumer Defensive 0.3%