-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SyrFNH+Tr/ddcg6Ss7yPemBzeY4J9Z3iv6tfrzyOMn9FwomNIghXkuFz8wNhHUsl /GbyWD6eLkgVtePPQvqilQ== 0000061227-01-000003.txt : 20010208 0000061227-01-000003.hdr.sgml : 20010208 ACCESSION NUMBER: 0000061227-01-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20001231 FILED AS OF DATE: 20010207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACKAY SHIELDS FINANCIAL CORP CENTRAL INDEX KEY: 0000061227 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 132631681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: SEC FILE NUMBER: 028-00046 FILM NUMBER: 1526643 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-230-3828 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 13F-HR 1 0001.txt FORM 13F HOLDINGS REPORT FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Report for the Calendar Year or Quarter Ended: 12/31/2000 Check here if Amendment [ ]: Amendment Number: This Amendment (check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager filing this report: Name: MacKay Shields LLC Address: 9 West 57th Street New York, New York 10019 Form 13F File Number: 28-46 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Russell A. Thompson Title: Chief Compliance Officer Phone: 212-230-3835 Signature, Place, and Date of Signing: /s/ Russell A. Thompson New York, New York February 7, 2001 Report Type (Check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT Form 13F Summary Page Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 429 Form 13F Information Table Value Total: $17,668,932
FORM 13F PAGE 1 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ----------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DISCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------------ AGCO CP Common 00108410 608,675 50,200 50,200 50,200 AES CORP Common 00130H10 519,899,263 9,388,700 9,388,700 9,388,700 AK STL HLDG CORP Common 00154710 808,509 92,401 92,401 92,401 AT&T CORP Common 00195710 32,979,413 1,911,850 1,911,850 1,911,850 ABGENIX INC Common 00339B10 17,317,125 293,200 293,200 293,200 ABITIBI PRICE INC Common 00392410 11,108,928 1,209,135 1,209,135 1,209,135 ADAPTEC INC CNV Cv Bnd P2 00651FAC 2,908,260 3,624,000 3,624,000 3,624,000 ADELPHIA COMMUNICA-CL A Common 00684810 2,581,250 50,000 50,000 50,000 ADVANCE PARADIGM INC Common 00749110 9,159,150 201,300 201,300 201,300 ADVANTAGE LEARNING SYS Common 00757K10 6,163,463 183,300 183,300 183,300 AEROFLEX INC Common 00776810 13,710,659 475,600 475,600 475,600 ADVANCED ENERGY IND Cv Bnd P2 007973AA 6,463,806 8,195,000 8,195,000 8,195,000 ADVENT SOFTWARE Common 00797410 7,495,694 187,100 187,100 187,100 AFFILIATED MANAGERS GROUP Common 00825210 12,264,563 223,500 223,500 223,500 AGILE SOFTWARE CORP Common 00846X10 7,663,000 155,200 155,200 155,200 AGNICO EAGLE MINES CNV Cv Bnd P2 008474AA 10,275,241 14,718,000 14,718,000 14,718,000 AIR PRODUCTS & CHEMICALS Common 00915810 48,691,600 1,187,600 1,187,600 1,187,600 ALAMOSA PCS HOLDINGS INC Common 01159310 1,464,800 183,100 183,100 183,100 ALCOA INC Common 01381710 58,401,689 1,743,334 1,743,334 1,743,334 ALLEGHENY ENERGY INC Common 01736110 2,771,986 57,525 57,525 57,525 ALLERGAN INC Common 01849010 197,420,050 2,039,200 2,039,200 2,039,200 ALLIED RISER CNV 144A Cv Bnd P2 019496AA 3,360,000 12,000,000 12,000,000 12,000,000 ALLSTATE CORP Common 02000210 58,823,533 1,350,325 1,350,325 1,350,325 ALPHA INDUSTRIES INC Common 02075310 7,947,600 214,800 214,800 214,800 ALZA CORP Common 02261510 5,627,000 132,400 132,400 132,400 AMERADA HESS CORP Common 02355110 3,638,513 49,800 49,800 49,800 ------------- ------------- ------------- ----------- COLUMN TOTALS 1,049,553,767 59,916,570 59,916,570 59,916,570 FORM 13F PAGE 2 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - -------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- AMERICA ONLINE INC Cv Bnd P2 02364JAC 2,905,125 6,100,000 6,100,000 6,100,000 AMERICAN GENERAL CORP Common 02635110 92,723,610 1,137,713 1,137,713 1,137,713 AMERICAN INTL GROUP INC Common 02687410 399,961,007 4,057,943 4,057,943 4,057,943 AMERICAN STANDARD CO Common 02971210 105,675,455 2,142,975 2,142,975 2,142,975 AMERICAN TOWER CORP Cv Bnd P2 029912AF 10,037,500 11,000,000 11,000,000 11,000,000 AMERICREDIT CORP Common 03060R10 6,065,850 222,600 222,600 222,600 AMERISOURCE HEALTH CORP Common 03071P10 19,296,050 382,100 382,100 382,100 AMERISOURCE HEALTH CORP Cv Bnd P2 03071PAB 10,586,250 9,000,000 9,000,000 9,000,000 AMGEN Common 03116210 282,027,034 4,410,980 4,410,980 4,410,980 AMPHENOL CORP -CL A Common 03209510 7,578,863 193,400 193,400 193,400 ANADARKO PETE CORP Common 03251110 7,939,778 111,702 111,702 111,702 ANALOG DEVICES Common 03265410 128,119,753 2,502,950 2,502,950 2,502,950 ANDRX CORP Common 03455310 29,950,313 517,500 517,500 517,500 ANTEC CORP CNV Cv Bnd P2 03664PAB 3,008,625 5,650,000 5,650,000 5,650,000 AON CORP Common 03738910 387,025 11,300 11,300 11,300 APACHE CORPORATION Cv Pfd 03741160 3,671,438 61,000 61,000 61,000 APPLE COMPUTER INC Common 03783310 32,180,575 2,163,400 2,163,400 2,163,400 APRIA HEALTHCARE GROUP I Common 03793310 34,337,450 1,154,200 1,154,200 1,154,200 APPLERA CORP-APPLIED BIO Common 03802010 86,709,070 921,824 921,824 921,824 APPLIED MATLS INC Common 03822210 65,199,428 1,707,350 1,707,350 1,707,350 ARCH CHEMICALS INC Common 03937R10 456,175 25,700 25,700 25,700 ARGOSY GAMING CO Common 04022810 9,664,744 503,700 503,700 503,700 ARQULE INC Common 04269E10 5,088,000 159,000 159,000 159,000 AT HOME CORP REG CNV Cv Bnd P2 045919AF 42,101,042 80,714,000 80,714,000 80,714,000 ASTORIA FINANCIAL CORP Common 04626510 2,607,000 48,000 48,000 48,000 ATMEL CORP Common 04951310 2,152,950 185,200 185,200 185,200 ------------ ------------ ------------ ------------ COLUMN TOTALS 1,390,430,107 135,084,537 135,084,537 135,084,537 FORM 13F PAGE 3 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - --------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ---------------------------------------------------------------------------------------------------------------------------- AVICI SYSTEMS INC Common 05367L10 2,228,563 90,500 90,500 90,500 AVOCENT CORPORATION Common 05389310 6,631,200 245,600 245,600 245,600 BB&T CORPORATION Common 05493710 298,500 8,000 8,000 8,000 THE BISYS GROUP INC Common 05547210 16,372,463 314,100 314,100 314,100 BAKER HUGHES Common 05722410 1,662,500 40,000 40,000 40,000 BANK OF AMERICA CORP Common 06050510 3,293,825 71,800 71,800 71,800 BARR LABORATORIES INC Common 06830610 14,106,113 193,400 193,400 193,400 BAUSCH & LOMB INC Common 07170710 994,763 24,600 24,600 24,600 BAXTER INTERNATIONAL Common 07181310 250,467,497 2,836,150 2,836,150 2,836,150 BEAS SYSTEMS CONV REG Cv Bnd P2 073325AD 3,276,000 1,575,000 1,575,000 1,575,000 BECTON DICKINSON Common 07588710 25,554,981 738,050 738,050 738,050 BED BATH & BEYOND INC Common 07589610 172,788,700 7,722,400 7,722,400 7,722,400 BEVERLY ENTERPRISES Common 08785130 5,731,250 700,000 700,000 700,000 BLACKROCK INC Common 09247X10 12,314,400 293,200 293,200 293,200 BOSTON SCIENTIFIC CORP Common 10113710 6,027,975 440,400 440,400 440,400 BRISTOL-MYERS SQUIBB Common 11012210 445,319,648 6,022,920 6,022,920 6,022,920 BURLINGTON NORTH SANTA FE Common 12189T10 537,938 19,000 19,000 19,000 BURLINGTON RES INC Common 12201410 43,667,350 864,700 864,700 864,700 C.H. ROBINSON WORLDWIDE Common 12541W10 11,355,225 361,200 361,200 361,200 CSX CORP Common 12640810 246,406 9,500 9,500 9,500 CVS CORPORATION Common 12665010 207,492,896 3,461,821 3,461,821 3,461,821 CV THERAPEUTICS INC Common 12666710 3,325,250 47,000 47,000 47,000 CV THERAPEUTICS INC Cv Bnd P2 126667AB 5,651,175 4,530,000 4,530,000 4,530,000 CALL-NET ENTERPRISES Common 13091020 1,824,627 2,796,520 2,796,520 2,796,520 CALLAWAY GOLF CO Common 13119310 605,313 32,500 32,500 32,500 CALPINE CORPORATION Common 13134710 51,312,669 1,138,700 1,138,700 1,138,700 ------------- ---------- ------------ ------------- COLUMN TOTALS 1,293,087,224 34,577,061 34,577,061 34,577,061 FORM 13F PAGE 4 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - --------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- CANADIAN NATL RAILWAY Cnv Pfd 13637540 12,071,250 266,400 266,400 266,400 CAPITAL ONE FINL CORP Common 14040H10 1,599,244 24,300 24,300 24,300 MERISTAR HOSPITALITY COR Cnv Bnd P2 140918AC 8,496,325 10,963,000 10,963,000 10,963,000 CELL THERAPEUTICS INC Common 15093410 5,740,963 127,400 127,400 127,400 CELGENE CORP Common 15102010 22,529,000 693,200 693,200 693,200 CENTURYTEL INC Common 15670010 45,456,125 1,271,500 1,271,500 1,271,500 CERTICOM CORP Common 15691510 815,000 40,000 40,000 40,000 CHARTER COMMUNICA INC-A Common 16117M10 6,806,250 300,000 300,000 300,000 CHARTER COMM INC Cnv Bnd P2 16117MAA 11,625,625 9,500,000 9,500,000 9,500,000 CHASE MANHATTAN CORP NEW Common 16161A10 76,525,838 1,684,200 1,684,200 1,684,200 CHESAPEAKE ENERGY Cnv Pfd 16516730 3,062,500 40,000 40,000 40,000 CHEVRON Common 16675110 58,109,888 688,200 688,200 688,200 CIENA CORP Common 17177910 813,750 10,000 10,000 10,000 CINERGY CORP Common 17247410 642,788 18,300 18,300 18,300 CISCO SYS INC Common 17275R10 380,993,180 9,960,606 9,960,606 9,960,606 CITADEL COMMUNICATIONS Common 17285320 2,893,200 241,100 241,100 241,100 CITIGROUP INC Common 17296710 567,567,091 11,115,145 11,115,145 11,115,145 CITIZENS COMMUNICATIONS Common 17453B10 1,312,500 100,000 100,000 100,000 CLEAR CHANNEL COMMUNICA Common 18450210 153,765,570 3,174,515 3,174,515 3,174,515 CLOROX Common 18905410 31,346,500 883,000 883,000 883,000 COACH INC Common 18975410 6,212,875 216,100 216,100 216,100 COASTAL CORP Common 19044110 80,019,956 906,100 906,100 906,100 COLGATE PALMOLIVE CO Common 19416210 305,941,180 4,739,600 4,739,600 4,739,600 COMCAST CORP CONV BOND CNV PFD 1 20030050 473,000 11,000 11,000 11,000 COMERICA INC Common 20034010 296,875 5,000 5,000 5,000 COMMERCE ONE INC Common 20069310 658,125 26,000 26,000 26,000 ------------- ---------- ----------- ----------- COLUMN TOTALS 1,785,774,596 57,004,666 57,004,666 57,004,666 FORM 13F PAGE 5 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS- VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- COMMUNITY HEALTH SERV Common 20366810 2,485,000 71,000 71,000 71,000 COMPAQ COMPUTER CORP Common 20449310 752,500 50,000 50,000 50,000 COMVERSE TECHNOLOGY Cv Bnd P2 205862AG 8,485,688 1,670,000 1,670,000 1,670,000 COMVERSE TECHNOLOGY Cv Bnd P2 205862AH 5,618,750 5,000,000 5,000,000 5,000,000 CONAGRA FOODS INC Common 20588710 67,555,800 2,598,300 2,598,300 2,598,300 CONOCO INC-CL B Common 20825140 1,782,550 61,600 61,600 61,600 CONVERGYS CORP Common 21248510 3,022,344 66,700 66,700 66,700 COORS ADOLPH CO CL B Common 21701610 2,650,313 33,000 33,000 33,000 CORR THERAPEUTICS Cv Bnd P2 217753AD 1,521,875 1,250,000 1,250,000 1,250,000 CORINTHIAN COLLEGES INC Common 21886810 11,957,900 315,200 315,200 315,200 CORNING Common 21935010 383,506,155 7,261,655 7,261,655 7,261,655 CORPORATE EXECUTIVE Common 21988R10 13,774,814 346,400 346,400 346,400 COST PLUS INC Common 22148510 9,192,906 312,950 312,950 312,950 CRITICAL PATH CONV BOND Cv Bnd P2 22674VAB 1,337,500 2,000,000 2,000,000 2,000,000 CROMPTON CORPORATION Common 22711610 1,138,200 108,400 108,400 108,400 CUMMINS ENGINE Common 23102110 500,775 13,200 13,200 13,200 CYPRESS SEMICONDUCTOR Common 23280610 34,989,609 1,777,250 1,777,250 1,777,250 CYPRESS SEMICONDUCTOR Cv Bnd P2 232806AE 4,672,500 6,000,000 6,000,000 6,000,000 CYTEC INDUSTRIES INC Common 23282010 1,589,513 39,800 39,800 39,800 DMC STRATEX NETWORKS Common 23322L10 2,899,500 193,300 193,300 193,300 DST SYS INC Common 23332610 1,742,000 26,000 26,000 26,000 DSP GROUP Common 23332B10 3,483,259 165,500 165,500 165,500 DTE ENERGY COMPANY Common 23333110 18,647,169 478,900 478,900 478,900 DATA RETURN CORP Common 23785M10 1,616,250 431,000 431,000 431,000 DELTA AIR LINES Common 24736110 250,938 5,000 5,000 5,000 DESCARTES SYSTEMS GROUP Common 24990610 1,740,000 72,500 72,500 72,500 ------------ ----------- ---------- ----------- COLUMN TOTALS 586,913,806 30,347,655 30,347,655 30,347,655 FORM 13F PAGE 6 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - -------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- DEVELOPE DIVERS REALTY Common 25159110 1,050,356 78,900 78,900 78,900 DEVON ENERGY CORPORA Common 25179M10 3,393,590 55,660 55,660 55,660 DIGENE CORP Common 25375210 7,614,750 170,400 170,400 170,400 DIGITAL LIGHTWAVE INC Common 25385510 4,027,481 127,100 127,100 127,100 DIGITAL ISLAND INC Cnv Bnd P2 25385NAA 10,820,938 47,205,000 47,205,000 47,205,000 DISNEY (WALT) Common 25468710 77,957,625 2,694,000 2,694,000 2,694,000 DITECH COMMUNICATIONS Common 25500M10 562,188 35,000 35,000 35,000 DOLLAR TREE STORES INC Common 25674710 1,503,075 61,350 61,350 61,350 DUKE ENERGY CORP Common 26439910 937,750 11,000 11,000 11,000 E M C CORP MASS Common 26864810 511,953,575 7,698,550 7,698,550 7,698,550 EDEN BIOSCIENCE CORP Common 27944510 5,266,006 175,900 175,900 175,900 EDISON INTERNATIONAL Common 28102010 26,439,063 1,692,100 1,692,100 1,692,100 EFFICIENT NETWORKS INC Cnv Bnd P2 282056AB 29,959,695 57,990,000 57,990,000 57,990,000 EL PASO ELECTRIC COM Common 28367785 198,000 15,000 15,000 15,000 EL PASO ENER CAP TR Cnv Pfd 28367820 7,137,800 80,200 80,200 80,200 EL PASO ENERGY CORP Common 28390510 137,702,930 1,922,554 1,922,554 1,922,554 ELAN PLC Common 28413120 4,372,288 93,400 93,400 93,400 ELECTRONIC DATA SYSTEMS Common 28566110 46,604,250 807,000 807,000 807,000 EMCORE CORP Common 29084610 10,250,700 218,100 218,100 218,100 EMMIS COMMUNICATIONS Common 29152510 1,721,250 60,000 60,000 60,000 EMMIS COMM CORP CNVPFD Cnv Pfd 29152520 425,000 10,000 10,000 10,000 ENERGY EAST CORPORATION Common 29266M10 7,971,469 404,900 404,900 404,900 ENERGIZER HOLDINGS INC Common 29266R10 33,478,701 1,566,255 1,566,255 1,566,255 ENRON Common 29356110 341,026,298 4,102,572 4,102,572 4,102,572 ENTERGY Common 29364G10 1,354,000 32,000 32,000 32,000 EQUITABLE RES INC Common 29454910 2,643,300 39,600 39,600 39,600 ------------- ------------ ------------ ------------ COLUMN TOTALS 1,276,372,076 127,346,541 127,346,541 127,346,541 FORM 13F PAGE 7 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------- ERICSSON L M TEL CO Common 29482140 2,796,875 250,000 250,000 250,000 EQUUS GAMING CO LP-A Common 29492910 114,319 114,319 114,319 114,319 EXE TECHNOLOGIES INC Common 30150410 7,599,800 584,600 584,600 584,600 EXELON CORPORATION Common 30161N10 835,499 11,900 11,900 11,900 EXFO ELECTRO-OPTICAL Common 30204310 3,215,988 123,100 123,100 123,100 EXXON MOBIL CORPORA Common 30231G10 5,348,134 61,517 61,517 61,517 FEDERATED DEPT STORES Common 31410H10 39,025,000 1,115,000 1,115,000 1,115,000 FEDEX CORPORATION Common 31428X10 1,006,992 25,200 25,200 25,200 FINISAR CORPORATION Common 31787A10 580,000 20,000 20,000 20,000 FISERV INC Common 33773810 4,331,044 91,300 91,300 91,300 FIRSTFED FINANCIAL CORP Common 33790710 2,229,563 69,000 69,000 69,000 FLEET BOSTON FINANCIAL Common 33903010 80,457,260 2,141,957 2,141,957 2,141,957 FORTUNE BRANDS INC Common 34963110 1,002,000 33,400 33,400 33,400 GALLAGHER (ARTHUR J.) Common 36357610 2,023,275 31,800 31,800 31,800 GENENTECH INC Common 36871040 230,393,980 2,826,920 2,826,920 2,826,920 GENERAL DYNAMICS Common 36955010 22,557,600 289,200 289,200 289,200 GENERAL ELEC CO Common 36960410 390,815,358 8,152,602 8,152,602 8,152,602 GETTY IMAGES INC Cnv Bnd P2 374276AE 6,110,000 8,000,000 8,000,000 8,000,000 GILDAN ACTIVEWEAR INC Common 37591610 8,881,375 227,000 227,000 227,000 GLENBOROUGH REALTY Cnv Pfd 37803P20 1,237,500 75,000 75,000 75,000 GLOBESPAN INC Common 37957110 514,250 18,700 18,700 18,700 GOLDEN WEST FINANCIAL Common 38131710 303,750 4,500 4,500 4,500 GOLDMAN SACHS GROUP INC Common 38141G10 230,706,963 2,157,400 2,157,400 2,157,400 GOODYEAR TIRE & RUBBER Common 38255010 926,497 40,300 40,300 40,300 GRANT PRIDECO Common 38821G10 3,948,750 180,000 180,000 180,000 GUIDANT CORP Common 40169810 269,089,063 4,988,905 4,988,905 4,988,905 ------------- ----------- ----------- ------------ COLUMN TOTALS 1,316,050,834 31,633,620 31,633,620 31,633,620 FORM 13F PAGE 8 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- HANOVER COMPRESSOR CO Common 41076810 14,536,288 326,200 326,200 326,200 HARLEY DAVIDSON INC Common 41282210 430,853,231 10,839,075 10,839,075 10,839,075 HARRAH'S ENTERTAINMENT Common 41361910 12,652,088 479,700 479,700 479,700 HEALTH CARE PPTYS INVEST Common 42191510 528,788 17,700 17,700 17,700 HEALTHSOUTH CORP. Common 42192410 5,546,250 340,000 340,000 340,000 HEALTH MANAGEMENT 144A Cnv Bnd P2 421933AA 3,656,250 5,000,000 5,000,000 5,000,000 HEALTHCARE REALTY TRUST Common 42194610 546,125 25,700 25,700 25,700 HEINZ (H.J) Common 42307410 60,079,594 1,266,500 1,266,500 1,266,500 HELIX TECHNOLOGY CORP Common 42331910 1,065,234 45,000 45,000 45,000 HELLENIC TELECOMMUN Common 42332530 587,975 81,100 81,100 81,100 HIGHWOODS PROPERTIES Common 43128410 3,410,363 137,100 137,100 137,100 HOME DEPOT INC Common 43707610 119,609,235 2,617,986 2,617,986 2,617,986 HONEYWELL INTERNATIONAL Common 43851610 32,583,314 688,683 688,683 688,683 HOUSEHOLD INTL INC Common 44181510 236,087,500 4,292,500 4,292,500 4,292,500 IXIA Common 45071R10 8,006,250 350,000 350,000 350,000 IDEXX LABORATORIES INC Common 45168D10 1,766,600 80,300 80,300 80,300 IMMUNEX CORP Common 45252810 950,625 23,400 23,400 23,400 IMPATH INC Common 45255G10 5,453,000 82,000 82,000 82,000 INDYMAC BANCORP INC Common 45660710 4,103,450 139,100 139,100 139,100 INFORMAX INC Common 45677N20 1,037,500 100,000 100,000 100,000 INGERSOLL-RAND Common 45686610 57,869,156 1,381,950 1,381,950 1,381,950 INHALE THERAPEUTIC SYS Common 45719110 9,069,800 179,600 179,600 179,600 INHALE THERAPEUTIC Cnv Bnd P2 457191AG 5,581,250 5,000,000 5,000,000 5,000,000 INTEGRATED DEVICE TECH Common 45811810 3,408,563 102,900 102,900 102,900 INTEGRATED CIRCUIT SYS Common 45811K20 6,860,188 414,200 414,200 414,200 INTERGRATED SILICON Common 45812P10 6,332,188 440,500 440,500 440,500 ----------- ----------- ----------- ----------- COLUMN TOTALS 1,032,180,803 34,451,194 34,451,194 34,451,194 FORM 13F PAGE 9 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - -------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- INTEL CORP Common 45814010 222,464,304 7,400,060 7,400,060 7,400,060 INTEGRATED TELECOM EXP Common 45817U10 1,399,472 292,700 292,700 292,700 INTERLIANT CNV BND 144A Cnv Bnd P2 458742AB 318,750 1,000,000 1,000,000 1,000,000 INTERMEDIA COMM Common 45880110 71,875 10,000 10,000 10,000 IBM Common 45920010 45,611,000 536,600 536,600 536,600 INTERNATIONAL PAPER CO Common 46014610 66,075,438 1,619,000 1,619,000 1,619,000 INTERNET CAPITAL GROUP Cnv Bnd P2 46059CAA 14,720,134 60,190,000 60,190,000 60,190,000 INTERNET SECURITIES SYS Common 46060X10 1,568,750 20,000 20,000 20,000 INTERWOVEN INC Common 46114T10 2,175,938 33,000 33,000 33,000 INVITROGEN CORP Common 46185R10 14,122,313 163,500 163,500 163,500 INVESTORS FINANCIAL SVCS Common 46191510 7,860,400 91,400 91,400 91,400 I2 TECHNOLOGIES INC Common 46575410 761,250 14,000 14,000 14,000 I2 TECHNOLOGIES CNV BND Cnv Bnd P2 465754AF 574,000 350,000 350,000 350,000 IVAX CORP Common 46582310 144,741,445 3,779,150 3,779,150 3,779,150 JABIL CIRCUIT INC Common 46631310 1,918,350 75,600 75,600 75,600 JUNIPER NETWORKS CNV BND Cnv Bnd P2 48203RAA 6,944,500 6,800,000 6,800,000 6,800,000 KERR-MCGEE CORP CNV BND Cnv Bnd P2 492386AL 3,910,000 4,000,000 4,000,000 4,000,000 KEYCORP INC Common 49326710 302,400 10,800 10,800 10,800 KIMBERLY-CLARK CORP Common 49436810 154,457,650 2,185,000 2,185,000 2,185,000 KING PHARMACEUTICALS INC Common 49558210 10,057,095 194,575 194,575 194,575 KOHLS CORP Common 50025510 491,660,000 8,060,000 8,060,000 8,060,000 KROGER CO Common 50104410 6,359,688 235,000 235,000 235,000 KULICKE & SOFFA IND CNV Cnv Bnd P2 501242AE 3,809,000 5,200,000 5,200,000 5,200,000 LCC INTERNATIONAL INC Common 50181010 3,412,575 313,800 313,800 313,800 L-3 COMMUNICATIONS HLDGS Common 50242410 3,742,200 48,600 48,600 48,600 L-3 COMM HLDGS 144A Cnv Bnd P2 502424AA 8,334,375 7,500,000 7,500,000 7,500,000 ------------- ------------ ------------ ------------ COLUMN TOTALS 1,217,372,900 110,122,785 110,122,785 110,122,785 FORM 13F PAGE 10 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ LAMAR ADVERTISING Cnv Bnd P2 512815AF 8,270,000 8,000,000 8,000,000 8,000,000 LATTICE SEMICONDUCTOR Common 51841510 1,433,250 78,000 78,000 78,000 LATTICE SEMICONDUCTOR Cnv Bnd P2 518415AC 7,367,863 6,830,000 6,830,000 6,830,000 LEHMAN BROTHERS HOLDINGS Common 52490810 683,013 10,100 10,100 10,100 LIFEPOINT HOSPITALS INC Common 53219L10 11,924,738 237,900 237,900 237,900 LIMITED INC Common 53271610 972,563 57,000 57,000 57,000 LINCOLN NATIONAL CORP Common 53418710 46,096,569 974,300 974,300 974,300 LINENS 'N THINGS INC Common 53567910 7,577,538 274,300 274,300 274,300 LOUIS DREYFUS NATURAL GAS Common 54601110 7,641,525 166,800 166,800 166,800 M & T BANK CORPORATION Common 55261F10 312,800 4,600 4,600 4,600 MBNA CORP Common 55262L10 166,852,228 4,517,150 4,517,150 4,517,150 MITSUBISHI BANK CVB Cnv Bnd P2 55262XAA 7,653,125 7,900,000 7,900,000 7,900,000 MGIC INVT CORP WIS Common 55284810 43,874,838 650,600 650,600 650,600 MRV COMMUNICATIONS INC Cnv Bnd P2 53477AB 3,794,438 3,675,000 3,675,000 3,675,000 MACROVISION CORP Common 55590410 12,701,082 171,600 171,600 171,600 MANHATTAN ASSOCIATES INC Common 56275010 12,634,050 296,400 296,400 296,400 MANUGISTICS GROUP INC Common 56501110 12,545,700 220,100 220,100 220,100 MARSH & MCLENNAN COS Common 57174810 188,282,250 1,609,250 1,609,250 1,609,250 MATTEL INC Common 57708110 3,610,000 250,000 250,000 250,000 MCDONALD'S CORP Common 58013510 77,458,800 2,278,200 2,278,200 2,278,200 MCLEODUSA INC CNVPFD Cnv Pfd 58226620 788,938 2,000 2,000 2,000 MEDIMMUNE INC Common 58469910 65,422,481 1,371,900 1,371,900 1,371,900 MEDTRONIC INC Common 58505510 386,872,133 6,407,820 6,407,820 6,407,820 MELLON FINANCIAL CORP Common 58551A10 75,802,856 1,541,100 1,541,100 1,541,100 MERCK & CO INC Common 58933110 375,250,873 4,008,020 4,008,020 4,008,020 MERCURY INTERACTIVE CORP Cnv Bnd P2 589405AB 6,209,750 5,900,000 5,900,000 5,900,000 ------------ ----------- ----------- ------------ COLUMN TOTALS 1,532,033,396 57,432,140 57,432,140 57,432,140 FORM 13F PAGE 11 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - -------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- MERIX CORP Common 59004910 4,558,869 340,850 340,850 340,850 METRIS COMPANIES INC Common 59159810 4,552,063 173,000 173,000 173,000 METTLER-TOLEDO INTL Common 59268810 15,578,438 286,500 286,500 286,500 MICROSOFT CORP Common 59491810 208,483,586 4,806,538 4,806,538 4,806,538 MICROSEMI CORP Common 59513710 3,712,969 133,500 133,500 133,500 MICROTUNE INC Common 59514P10 4,165,469 251,500 251,500 251,500 MILLENIUM CHEMICALS INC Common 59990310 10,887,416 600,685 600,685 600,685 MORGAN (J.P) Common 61688010 36,484,475 220,450 220,450 220,450 MORGAN STANLEY DEAN WIT Common 61744644 56,647,900 714,800 714,800 714,800 MOTOROLA INC Common 62007610 244,345,613 12,066,450 12,066,450 12,066,450 MYRIAD GENETICS INC Common 62855J10 6,504,150 78,600 78,600 78,600 NRG ENERGY INC Common 62937710 4,856,063 174,600 174,600 174,600 NASDAQ-100 SHARES Common 63110010 3,619,250 62,000 62,000 62,000 NATIONAL AUSTRALIA BK Cnv Pfd 63252530 7,270,750 254,000 254,000 254,000 NATIONAL CITY CORP Common 63540510 293,250 10,200 10,200 10,200 NATIONAL-OILWELL INC Common 63707110 1,547,500 40,000 40,000 40,000 NATIONWIDE HEALTH PPTYS Common 63862010 345,050 26,800 26,800 26,800 NAVISTAR INTERNATIONAL Common 63934E10 563,031 21,500 21,500 21,500 NETWORK PLU CNVPFD Cnv Pfd 64122D60 725,000 100,000 100,000 100,000 NEW YORK COMMUNITY BANC Common 64944510 2,278,500 62,000 62,000 62,000 NEWFIELD FINANCIAL TR I Cnv Pfd 65129120 5,790,000 80,000 80,000 80,000 NIAGARA MOHAWK HOLDINGS Common 65352010 39,636,150 2,375,200 2,375,200 2,375,200 NOKIA CORP Common 65490220 110,226,825 2,533,950 2,533,950 2,533,950 NORTEL NETWORKS CORP Common 65656810 71,985,122 2,245,150 2,245,150 2,245,150 NUANCE COMMUNICATIONS Common 66996710 5,170,688 119,900 119,900 119,900 NVIDIA CORP Common 67066G10 3,673,027 112,100 112,100 112,100 ------------ ------------ ------------ ------------ COLUMN TOTALS 853,901,150 27,890,273 27,890,273 27,890,273 FORM 13F PAGE 12 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - --------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- OFFICE DEPOT INC Common 67622010 15,623,700 2,192,800 2,192,800 2,192,800 OMNICOM GROUP INC Common 68191910 166,852,238 2,013,300 2,013,300 2,013,300 ONI SYSTEMS CORP CNV BD Cnv Bnd P2 68273FAA 4,576,250 7,000,000 7,000,000 7,000,000 OPTIMAL ROBOTICS CORP Common 68388R20 7,135,388 212,600 212,600 212,600 ORACLE CORPORATION Common 68389X10 346,864,774 11,935,132 11,935,132 11,935,132 ORION POWER HOLDINGS Common 68628610 3,733,150 151,600 151,600 151,600 ORTHODONTIC CTRS OF AMER Common 68750P10 10,096,875 323,100 323,100 323,100 PG & E CORPORATION Common 69331C10 7,520,000 376,000 376,000 376,000 PNC FINANCIAL SERV GROUP Common 69347510 37,269,181 510,100 510,100 510,100 PATTERSON DENTAL COMPANY Common 70341210 10,477,538 309,300 309,300 309,300 PATTERSON ENERGY INC Common 70341410 8,258,325 221,700 221,700 221,700 PAYLESS SHOESOURCE INC Common 70437910 481,100 6,800 6,800 6,800 PEOPLESOFT INC Common 71271310 3,718,750 100,000 100,000 100,000 PERFORMANCE FOOD GROUP CP Common 71375510 8,330,665 162,500 162,500 162,500 PERKINELMER INC Common 71404610 2,551,500 24,300 24,300 24,300 TELEKOMUNIK INDONESIA Common 71568410 88,209 21,384 21,384 21,384 PFIZER INC Common 71708110 2,760,000 60,000 60,000 60,000 PHARMACIA 6.5% CONV PFD Cnv Pfd 71713U20 2,590,625 50,000 50,000 50,000 PHOTOTRONICS INC CVB Cnv Bnd P2 719405AA 8,180,000 8,000,000 8,000,000 8,000,000 PINNACLE ENTERTAINMENT Common 72345610 10,800,000 800,000 800,000 800,000 PITNEY BOWES INC Common 72447910 15,681,375 473,400 473,400 473,400 PLACER DOME Common 72590610 10,416,319 1,082,215 1,082,215 1,082,215 PLEXUS CORP Common 72913210 5,944,407 195,600 195,600 195,600 POLYONE CORPORATION Common 73179P10 1,957,550 333,200 333,200 333,200 PRAECIS PHARMACEUTICALS Common 73942110 4,954,950 169,400 169,400 169,400 PRIDE INTERNATIONAL INC Common 74193210 6,038,050 245,200 245,200 245,200 ----------- ------------ ------------ ------------ COLUMN TOTALS 702,900,918 36,969,631 36,969,631 36,969,631 FORM 13F PAGE 13 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - --------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ---------------------------------------------------------------------------------------------------------------------------- PROCTER & GAMBLE Common 74271810 56,553,438 721,000 721,000 721,000 PROTEIN DESIGN LABS INC Common 74369L10 40,779,125 469,400 469,400 469,400 PROTON ENERGY SYSTEMS Common 74371K10 1,768,200 168,400 168,400 168,400 PROVINCE HEALTHCARE CO Common 74397710 5,886,563 149,500 149,500 149,500 PROVINCE HEALTHCARE CO Cnv Bnd P2 743977AA 9,020,000 8,000,000 8,000,000 8,000,000 PROVIDIAN CORP Common 74406A10 244,536,000 4,252,800 4,252,800 4,252,800 PROVIDIAN FINANCIAL Cnv Bnd P2 74406AAA 2,017,500 2,000,000 2,000,000 2,000,000 PROXIM INC Common 74428410 7,899,100 183,700 183,700 183,700 PUBLIC SV ENTERPRISE Common 74457310 1,332,325 27,400 27,400 27,400 QLOGIC CORP Common 74727710 1,917,300 24,900 24,900 24,900 QUALCOMM INC Common 74752510 328,750 4,000 4,000 4,000 QUANTA SERVICES Cnv Bnd P2 74762EAA 6,720,000 8,000,000 8,000,000 8,000,000 R & B FALCON COR Common 74912E10 5,780,250 252,000 252,000 252,000 RPM INC OHIO Common 74968510 2,196,624 256,540 256,540 256,540 RADISYS CORP Cnv Bnd P2 750459AB 4,012,500 6,000,000 6,000,000 6,000,000 RALSTON - RALSTON PURINA Common 75127730 52,939,700 2,026,400 2,026,400 2,026,400 RATIONAL SOFTWARE CORP Cnv Bnd P2 75409PAC 8,875,125 6,900,000 6,900,000 6,900,000 RAYTHEON CO - CLASS B Common 75511140 35,165,856 1,132,100 1,132,100 1,132,100 READ-RITE CORP Common 75524610 806,250 200,000 200,000 200,000 REHABCARE GROUP INC Common 75914810 8,718,338 169,700 169,700 169,700 REMEC INC Common 75954310 2,489,988 258,700 258,700 258,700 RESOURCE CONNECTION INC Common 76122Q10 4,408,000 232,000 232,000 232,000 SBC COMMUNICATIONS SW Common 78387G10 86,238,888 1,806,050 1,806,050 1,806,050 SCI SYSTEMS INC Cnv Bnd P2 783890AF 5,573,750 7,000,000 7,000,000 7,000,000 SCM MICROSYSTEMS INC Common 78401810 3,613,500 109,500 109,500 109,500 SEI CORPORATION Common 78411710 3,315,200 29,600 29,600 29,600 ------------ ----------- ------------ ------------- COLUMN TOTALS 602,892,268 50,373,690 50,373,690 50,373,690 FORM 13F PAGE 14 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - --------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ---------------------------------------------------------------------------------------------------------------------------- S & P 500 DEPOSITORY REC Common 78462F10 5,903,438 45,000 45,000 45,000 SAFEGUARD SCIENTIFIC Cnv Bnd P2 786449AE 293,125 500,000 500,000 500,000 SAFEWAY INC Common 78651420 161,978,125 2,591,650 2,591,650 2,591,650 ST PAUL COS INC Common 79286010 3,801,875 70,000 70,000 70,000 SANDISK CORP Common 80004C10 1,975,800 71,200 71,200 71,200 SANMINA CORP CONV Cnv Bnd P2 800907AB 5,772,375 3,150,000 3,150,000 3,150,000 SANMINA CORP CONV 144A Cnv Bnd P2 800907AC 1,330,000 3,500,000 3,500,000 3,500,000 SCHERING-PLOUGH Common 80660510 296,872,076 5,231,226 5,231,226 5,231,226 SEARS ROEBUCK & CO Common 81238710 47,764,570 1,374,520 1,374,520 1,374,520 SIEBEL SYSTEMS CNV Cnv Bnd P2 826170AC 2,815,519 935,000 935,000 935,000 SIMON PROPERTY Cnv Pfd 82880640 3,305,100 47,900 47,900 47,900 SIRIUS SATELLITE RADIO Common 82966U10 2,715,331 90,700 90,700 90,700 SMITH INTL INC Common 83211010 3,728,125 50,000 50,000 50,000 SOLECTRON COR CNV Cnv Bnd P2 834182AK 1,698,750 3,000,000 3,000,000 3,000,000 SOLUTIA INC Common 83437610 1,563,600 130,300 130,300 130,300 SONICBLUE INC Common 83546Q10 1,887,188 457,500 457,500 457,500 SOUTHERN ENERGY INC Common 84281610 968,288 34,200 34,200 34,200 SOVEREIGN CAP TRUST II Cnv Pfd 84590530 6,418,750 130,000 130,000 130,000 SPECIALTY LABORATORIES Common 84749R10 1,391,250 42,000 42,000 42,000 SPEECHWORKS INTERNATION Common 84764M10 5,902,219 120,300 120,300 120,300 SPRINT CORP (PCS GROUP) Common 85206150 7,807,329 382,010 382,010 382,010 STAPLES INC Common 85503010 31,204,762 2,641,673 2,641,673 2,641,673 STRATOS LIGHTWAVE INC Common 86310010 3,620,663 212,200 212,200 212,200 SUMMIT BANCORP Common 86600510 1,489,313 39,000 39,000 39,000 SUN MICROSYSTEMS INC Common 86681010 344,732,913 12,367,100 12,367,100 12,367,100 SUNOCO INC Common 86764P10 62,988,888 1,869,800 1,869,800 1,869,800 ------------- ------------- ----------- ------------ COLUMN TOTALS 1,009,929,368 39,083,279 39,083,279 39,083,279 FORM 13F PAGE 15 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ---------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ----------------------------------------------------------------------------------------------------------------------------- SYMBOL TECHNOLOGIES INC Common 87150810 2,489,400 69,150 69,150 69,150 SYNPLICITY INC Common 87160Y10 5,930,500 409,000 409,000 409,000 TECHNE CORP Common 87837710 9,282,488 257,400 257,400 257,400 TEKELEC Common 87910110 600,000 20,000 20,000 20,000 TEKELEC INC CONV BOND Cnv Bnd P2 879101AC 750,656 425,000 425,000 425,000 TELEFONOS DE MEXICO Common 87940378 902,500 20,000 20,000 20,000 TELLABS INC Common 87966410 269,531,838 4,770,475 4,770,475 4,770,475 TEMPLE INLAND INC Common 87986810 15,210,731 283,650 283,650 283,650 TENET HEALTHCARE CORP Common 88033G10 49,467,825 1,113,200 1,113,200 1,113,200 TETRA TECH INC Common 88162G10 3,129,679 98,186 98,186 98,186 TEXACO INC Common 88169410 55,331,631 890,650 890,650 890,650 TEXAS INSTRS INC Common 88250810 165,999,631 3,503,950 3,503,950 3,503,950 TEXTRON INC Common 88320310 29,127,600 626,400 626,400 626,400 THERMO INS SYS Cnv Bnd P2 883556AH 8,170,313 8,750,000 8,750,000 8,750,000 THERMO FIBERTEK INC Cnv Bnd P2 88355WAA 3,000,500 3,400,000 3,400,000 3,400,000 TIBCO SOFTWARE INC Common 88632Q10 719,063 15,000 15,000 15,000 TIME WARNER INC Common 88731510 162,954,844 3,119,350 3,119,350 3,119,350 TOSCO CORP Common 89149030 78,975,956 2,327,100 2,327,100 2,327,100 TOWER AUTOMOTIVE IN Cnv Bnd P2 891707AE 1,385,000 2,000,000 2,000,000 2,000,000 TRANSWITCH CORP A Cnv Bnd P2 894065AA 3,535,000 4,000,000 4,000,000 4,000,000 TRICON GLOBAL RESTAU Common 89595310 990,000 30,000 30,000 30,000 TRIKON TECHNOLOGIES Common 89618740 1,100,000 110,000 110,000 110,000 TRIQUENT SEMICONDUCTOR Cnv Bnd P2 89674KAB 2,598,750 3,000,000 3,000,000 3,000,000 TUT SYSTEMS INC Common 90110310 962,775 116,700 116,700 116,700 TYCO INTL LTD Common 90212410 577,470,063 10,404,866 10,404,866 10,404,866 TYCO INTL CONV BOND Cnv Bnd P2 902124AA 14,438,250 18,600,000 18,600,000 18,600,000 ------------- ------------ -------------- ------------ COLUMN TOTALS 1,464,054,992 68,360,077 68,360,077 68,360,077 FORM 13F PAGE 16 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - --------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ---------------------------------------------------------------------------------------------------------------------------- UNITED AIR LINES Common 90254950 268,669 6,900 6,900 6,900 USX-US STEEL GROUP Common 90337T10 10,995,300 610,850 610,850 610,850 ULTRAMAR DIAMOND Common 90400010 351,975 11,400 11,400 11,400 UNISYS CORP Common 90921410 53,274,678 3,642,713 3,642,713 3,642,713 UNOCAL CORP Common 91528910 52,840,355 1,365,825 1,365,825 1,365,825 VALERO ENERGY CORP Common 91913Y10 11,785,648 316,925 316,925 316,925 VERITY INC Common 92343C10 4,345,688 180,600 180,600 180,600 VERISIGN INC Common 92343E10 2,151,438 29,000 29,000 29,000 VERIZON COMMUNICATIONS Common 92343V10 89,453,075 1,784,600 1,784,600 1,784,600 VERTEX PHARMACEUTICALS Cnv Bnd P2 92532FAC 5,850,000 6,000,000 6,000,000 6,000,000 VIACOM INC-CL B Common 92552430 169,238,740 3,620,080 3,620,080 3,620,080 VITESSE SEMICONDUCTOR Common 92849710 4,723,688 85,400 85,400 85,400 VITRIA TECHNOLOGY INC Common 92849Q10 310,000 40,000 40,000 40,000 WHX CORP CNVPFD B Cnv Pfd 92924830 646,594 188,100 188,100 188,100 WASHINGTON MUTUAL SAV Common 93932210 70,053,113 1,320,200 1,320,200 1,320,200 WASTE CONNECTIONS INC Common 94105310 11,056,100 334,400 334,400 334,400 WASTE MANAGEMENT CNV Cnv Bnd P2 94106LAA 4,818,750 5,000,000 5,000,000 5,000,000 WATERS CORPORATION Common 94184810 8,742,450 104,700 104,700 104,700 WATSON PHARMACEUTICALS Common 94268310 2,078,213 40,600 40,600 40,600 WENDYS INTL INC Common 95059010 4,200,000 160,000 160,000 160,000 WESTERN RESOURCES INC Common 95942510 1,414,313 57,000 57,000 57,000 XILINX INC Common 98391910 599,625 13,000 13,000 13,000 XICOR INC Common 98490310 421,875 125,000 125,000 125,000 ZIONS BANCORPORATION Common 98970110 2,060,438 33,000 33,000 33,000 ZORAN CORP Common 98975F10 2,762,100 178,200 178,200 178,200 CHINA.COM CORP -CL A Common G2108N10 225,000 50,000 50,000 50,000 ------------ ----------- ----------- ----------- COLUMN TOTALS 514,667,821 25,298,493 25,298,493 25,298,493 FORM 13F PAGE 17 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 1/1/2001 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST DSCRETN MGRS VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------- GLOBAL CROSSING REG Cnv Pfd G3921A14 5,834,522 47,775 47,775 47,775 LORAL SPACE & COMM Cnv Pfd G5646214 193,550 15,800 15,800 15,800 UTI WORLDWIDE INC Common G8721010 6,270,950 311,600 311,600 311,600 TYCOM LTD Common G9144B10 3,177,250 142,000 142,000 142,000 BREEZECOM LIMITED Common M2038510 2,911,163 203,400 203,400 203,400 CERAGON NETWORKS LTD Common M2201310 636,900 52,800 52,800 52,800 PRECISE SOFTWARE SOLU Common M4145010 6,365,700 257,200 257,200 257,200 GILAT SATELLITE NET Common M5147410 3,093,150 121,300 121,300 121,300 M-SYSTEMS FLSH DISK Common M7061C10 4,289,963 307,800 307,800 307,800 RADWARE LTD Common M8187310 4,887,000 289,600 289,600 289,600 TTI TEAM TELECOM INTL Common M8825810 490,500 32,700 32,700 32,700 ASE TEST LIMITED Common Y0251610 340,000 40,000 40,000 40,000 FLEXTRONICS INTL LTD Common Y2573F10 2,325,600 81,600 81,600 81,600 ----------- ---------- ----------- ------------ COLUMN TOTALS 40,816,247 1,903,575 1,903,575 1,903,575 ------------ ----------- ----------- ------------ REPORT TOTALS 17,668,932,274 927,795,787 927,795,787 927,795,787 =============== ============== =============== =============
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