Mackay Shields is an investment fund managing more than $598 billion ran by Chris Fitzgerald. There are currently 42 companies in Mr. Fitzgerald’s portfolio. The largest investments include Gulfport and Talos Inc, together worth $187 billion.
As of 26th January 2024, Mackay Shields’s top holding is 1,066,363 shares of Gulfport currently worth over $142 billion and making up 23.7% of the portfolio value.
Relative to the number of outstanding shares of Gulfport, Mackay Shields owns less than approximately 0.1% of the company.
In addition, the fund holds 3,152,973 shares of Talos Inc worth $44.9 billion, whose value fell 17.0% in the past six months.
The third-largest holding is Apollo Global Mgmt Inc worth $42.3 billion and the next is Bank America Corp worth $37.4 billion, with 31,001 shares owned.
Currently, Mackay Shields's portfolio is worth at least $598 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Mackay Shields office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Chris Fitzgerald serves as the Chief Compliance Officer at Mackay Shields.
In the most recent 13F filing, Mackay Shields revealed that it had opened a new position in
Spdr Ser Tr and bought 65,864 shares worth $4.75 billion.
The investment fund also strengthened its position in Blackrock Munihldgs Nj Qlty by buying
36,035 additional shares.
This makes their stake in Blackrock Munihldgs Nj Qlty total 1,039,078 shares worth $11.9 billion.
On the other hand, there are companies that Mackay Shields is getting rid of from its portfolio.
Mackay Shields closed its position in Fluor Corp New on 2nd February 2024.
It sold the previously owned 848,588 shares for $31.1 billion.
Chris Fitzgerald also disclosed a decreased stake in Gulfport by 0.3%.
This leaves the value of the investment at $142 billion and 1,066,363 shares.
The two most similar investment funds to Mackay Shields are Org Partners and Winthrop Advisory. They manage $598 billion and $599 billion respectively.
Mackay Shields’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Energy — making up 33.0% of
the total portfolio value.
The fund focuses on investments in the United States as
14.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
2% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $33.8 billion.
These positions were updated on February 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Gulfport Energy Corp. |
25.60%
1,066,363
|
$142,039,552,000 | 23.74% |
| Talos Energy Inc |
No change
3,152,973
|
$44,866,806,000 | 7.50% |
| Apollo Global Mgmt Inc |
31.97%
750,028
|
$42,268,775,000 | 7.06% |
| Bank America Corp |
2.23%
31,001
|
$37,413,234,000 | 6.25% |
| Ishares Gold Tr |
No change
929,500
|
$36,278,385,000 | 6.06% |
| Danaher Corp. |
No change
150,217
|
$34,751,201,000 | 5.81% |
| Wells Fargo Co New |
1.25%
28,711
|
$34,422,846,000 | 5.75% |
| Fluor Corp New |
Closed
848,588
|
$31,143,180,000 | |
| Blackrock Mun Target Term Tr |
No change
1,401,701
|
$29,155,381,000 | 4.87% |
| Chart Inds Inc |
1.78%
483,194
|
$27,288,268,000 | 4.56% |
| Forum Energy Technologies In |
1.44%
980,838
|
$21,745,179,000 | 3.63% |
| Chord Energy Corporation |
8.55%
95,748
|
$15,916,190,000 | 2.66% |
| Blackrock Munihldgs Nj Qlty |
3.59%
1,039,078
|
$11,855,880,000 | 1.98% |
| Blackrock Munihldgs Ny Qlty |
No change
1,111,764
|
$11,684,640,000 | 1.95% |
| Spdr Gold Tr |
No change
55,336
|
$10,578,583,000 | 1.77% |
| Blackrock Muniyield Quality |
No change
992,093
|
$10,268,163,000 | 1.72% |
| Nuveen Amt Free Qlty Mun Inc |
No change
930,320
|
$10,233,520,000 | 1.71% |
| Kosmos Energy Ltd |
No change
1,503,656
|
$10,089,532,000 | 1.69% |
| Blackrock Muniyield N Y Qual |
49.86%
814,624
|
$8,415,066,000 | 1.41% |
| Blackrock Muniholdings Fd In |
5.95%
676,639
|
$8,058,770,000 | 1.35% |
| Blackrock Muniyield Mich Qu |
No change
664,819
|
$7,552,344,000 | 1.26% |
| Nuveen New York Amt Qlt Muni |
No change
561,758
|
$5,915,312,000 | 0.99% |
| Spdr Ser Tr |
Opened
65,864
|
$4,752,087,000 | 0.79% |
| Blackrock Muniyild Qult Fd I |
No change
357,837
|
$4,362,033,000 | 0.73% |
| Pioneer Municipal High Incom |
No change
878,506
|
$7,265,759,000 | 1.21% |
| Eaton Vance New York Mun Bd |
0.14%
426,471
|
$4,115,445,000 | 0.69% |
| Abrdn Natl Mun Income Fd |
No change
401,695
|
$4,101,306,000 | 0.69% |
| Nuveen Pennsylvania Qlt Mun |
No change
233,310
|
$2,701,730,000 | 0.45% |
| Mfs Mun Income Tr |
No change
333,155
|
$1,722,411,000 | 0.29% |
| Dws Mun Income Tr New |
No change
176,016
|
$1,564,782,000 | 0.26% |
| Ishares Tr |
Closed
28,945
|
$2,833,848,000 | |
| Nuveen Municipal Credit Inc |
Opened
94,260
|
$1,114,153,000 | 0.19% |
| Blackrock Municipal Income |
Opened
78,560
|
$914,439,000 | 0.15% |
| Blackrock N Y Mun Income Tru |
No change
78,984
|
$831,701,000 | 0.14% |
| Invesco Pa Value Mun Inc Tr |
No change
60,475
|
$604,750,000 | 0.10% |
| Nine Energy Service Inc |
14.70%
225,571
|
$604,531,000 | 0.10% |
| Nuveen Amt Free Mun Cr Inc F |
Opened
49,026
|
$579,487,000 | 0.10% |
| Vistra Corp |
No change
13,918
|
$536,121,000 | 0.09% |
| Blackrock Munihldngs Cali Ql |
Opened
40,376
|
$449,385,000 | 0.08% |
| Blackrock Muni Income Tr Ii |
Opened
29,655
|
$316,715,000 | 0.05% |
| Blackrock Munivest Fd Inc |
Opened
44,425
|
$316,306,000 | 0.05% |
| Blackrock Mun Income Quality |
Opened
25,610
|
$287,088,000 | 0.05% |
| Neuberger Berman N Y Mun Fd |
Closed
25,745
|
$225,526,000 | |
| Blackrock Mun Income Tr |
Opened
22,131
|
$222,859,000 | 0.04% |
| Blackrock Muniyield Fd Inc |
Opened
18,500
|
$199,430,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 45 holdings | |||