-----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, NV9UHM8eGAETP3soQ/+6mTro6NOqg/htIHEuOY3Kjh6JY+on/bX9G29oZ/Rk8Y8v yPuAH2T5rVoQ0/JaNjrz3w== 0000061227-02-000019.txt : 20020516 0000061227-02-000019.hdr.sgml : 20020516 20020516172258 ACCESSION NUMBER: 0000061227-02-000019 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020331 FILED AS OF DATE: 20020516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACKAY SHIELDS LLC CENTRAL INDEX KEY: 0000061227 IRS NUMBER: 132631681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-00046 FILM NUMBER: 02655440 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 FORMER COMPANY: FORMER CONFORMED NAME: MACKAY SHIELDS FINANCIAL CORP DATE OF NAME CHANGE: 19920929 13F-HR/A 1 f13.txt
05-16-2002 FORM 13F PAGE 1 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ AC MOORE ARTS & CRAFTS INC Common Stock 00086T10 4,978,575 130,500 130,500 130,500 AFLAC INC Common Stock 00105510 5,863,125 198,750 198,750 198,750 AGCO CP Common Stock 00108410 5,284,724 231,583 231,583 231,583 AT&T CORP Common Stock 00195710 821,879 52,349 52,349 52,349 AT & T WIRELESS SERVICES INC Common Stock 00209A10 804,220 89,857 89,857 89,857 ABBOTT LABS Common Stock 00282410 110,811,894 2,106,690 2,106,690 2,106,690 ABERCROMBIE & FITCH CO CLS A Common Stock 00289620 9,868,104 320,393 320,393 320,393 ABITIBI-CONSOLIDATED INC Common Stock 00392410 16,912,092 1,900,235 1,900,235 1,900,235 ADAPTEC INC CNV Conv Bond P2 00651FAC 3,694,940 3,824,000 3,824,000 3,824,000 ADELPHIA COMM CNV BND Conv Bond P2 006848BG 42,926,592 56,000,000 56,000,000 56,000,000 ADELPHIA COMM CNV BND REG Conv Bond P2 006848BH 3,964,850 4,430,000 4,430,000 4,430,000 ADVANCE AUTO PARTS Common Stock 00751Y10 5,648,800 122,800 122,800 122,800 AEROFLEX INC Common Stock 00776810 4,401,528 342,265 342,265 342,265 ADVANCED MICRO DEVICES Common Stock 00790310 26,981,450 1,834,225 1,834,225 1,834,225 ADVANCEPCS Common Stock 00790K10 7,693,050 255,668 255,668 255,668 ADVANCED ENERGY INDUSTRIES Common Stock 00797310 2,229,520 62,000 62,000 62,000 ADVENT SOFTWARE Common Stock 00797410 13,142,690 222,155 222,155 222,155 AETHER SYSTEMS INC CV BD Conv Bond P2 00808VAA 337,563 550,000 550,000 550,000 AFFILIATED COMPUTER SVSC Common Stock 00819010 4,998,377 89,050 89,050 89,050 AFFILIATED MANAGERS GROUP Common Stock 00825210 15,298,425 212,981 212,981 212,981 AFFYMETRIX INC Common Stock 00826T10 3,422,538 118,100 118,100 118,100 AFFYMETRIX INC Conv Bond P2 00826TAB 31,948,426 36,049,000 36,049,000 36,049,000 AFFYMETRIX INC CV BD Conv Bond P2 00826TAD 4,635,938 5,750,000 5,750,000 5,750,000 AIR PRODUCTS & CHEMICALS Common Stock 00915810 24,131,861 467,219 467,219 467,219 ALBERTSON'S Common Stock 01310410 1,910,223 57,641 57,641 57,641 ALCOA INC Common Stock 01381710 71,062,759 1,882,956 1,882,956 1,882,956 ------------ ----------------------- ----------- COLUMN TOTALS 423,774,143 117,300,417 117,300,417 117,300,417 * ITEM 7: MANAGERS - 1 PAGE 3 OF 05-16-2002 FORM 13F PAGE 2 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ ALKERMES INC Common Stock 01642T10 2,314,128 88,800 88,800 88,800 ALLEGHENY ENERGY INC Common Stock 01736110 6,018,079 145,540 145,540 145,540 ALLIANCE GAMING CORP Common Stock 01859P60 5,064,927 165,900 165,900 165,900 ALLIANT TECHSYSTEMS INC Common Stock 01880410 897,512 8,800 8,800 8,800 ALLIED WASTE INDS Common Stock 01958930 744,900 57,300 57,300 57,300 ALLSTATE CORP Common Stock 02000210 60,150,727 1,592,553 1,592,553 1,592,553 ALLTEL CORP Common Stock 02003910 71,663,611 1,290,074 1,290,074 1,290,074 ALZA CORP CONV BOND Conv Bond P2 02261WAB 13,699,000 15,200,000 15,200,000 15,200,000 AMERICA ONLINE INC CONV BOND Conv Bond P2 02364JAC 3,807,375 7,100,000 7,100,000 7,100,000 AMERICAN STANDARD COMPANIES Common Stock 02971210 132,365,114 1,870,885 1,870,885 1,870,885 AMERICREDIT CORP Common Stock 03060R10 509,066 13,400 13,400 13,400 AMERISOURCE HEALTH CORP CVB RConv Bond P2 03071PAD 22,244,913 15,005,000 15,005,000 15,005,000 AMERISOURCEBERGEN CORP Common Stock 03073E10 3,117,895 45,650 45,650 45,650 AMGEN Common Stock 03116210 207,836,495 3,482,515 3,482,515 3,482,515 AMKOR TECHNOLOGIES INC CONV BConv Bond P2 031652AN 9,330,750 9,900,000 9,900,000 9,900,000 AMPHENOL CORP -CL A Common Stock 03209510 8,689,169 185,666 185,666 185,666 ANALOG DEVICES Common Stock 03265410 109,340,906 2,427,640 2,427,640 2,427,640 ANALOG DEVICES INC CONV BND RConv Bond P2 032654AD 9,537,500 10,000,000 10,000,000 10,000,000 ANDRX CORP Common Stock 03455310 792,946 20,900 20,900 20,900 ANNTAYLOR STORES CORP Common Stock 03611510 7,161,554 165,700 165,700 165,700 ANTHEM INC Common Stock 03674B10 3,068,481 53,300 53,300 53,300 ANTEON INTERNATIONAL CORP Common Stock 03674E10 2,704,000 130,000 130,000 130,000 AON CORP Common Stock 03738910 2,275,980 65,028 65,028 65,028 APOGENT TECHNOLOGIES INN CONVConv Bond P2 03760AAE 4,741,894 4,565,000 4,565,000 4,565,000 APRIA HEALTHCARE GROUP I Common Stock 03793310 37,177,748 1,516,840 1,516,840 1,516,840 APPLIED FILMS CORP Common Stock 03819710 2,804,400 114,000 114,000 114,000 ------------- ---------- ---------- --------- COLUMN TOTALS 728,059,069 75,210,491 75,210,491 75,210,491 * ITEM 7: MANAGERS - 1 PAGE 4 OF 05-16-2002 FORM 13F PAGE 3 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ APPLIED MATLS INC Common Stock 03822210 129,271,140 2,382,000 2,382,000 2,382,000 ARCH CHEMICALS INC Common Stock 03937R10 2,711,753 122,982 122,982 122,982 ARMOR HOLDINGS INC Common Stock 04226010 6,989,090 257,900 257,900 257,900 ARROW ELECTRONIC INC. Conv Bond P2 042735AY 16,903,688 35,775,000 35,775,000 35,775,000 ASPECT TELECOM CONV BOND Conv Bond P2 045237AE 1,295,000 4,000,000 4,000,000 4,000,000 ASTORIA FINANCIAL CORP Common Stock 04626510 1,435,070 49,400 49,400 49,400 @TRACK COMMUNICATIONS INC(LOCCommon Stock 04648Y20 24,972,858 11,249,035 11,249,035 11,249,035 ATLANTIC COAST AIRLINES HLDG Common Stock 04839610 5,978,214 249,300 249,300 249,300 AUTOZONE INC Common Stock 05333210 2,568,105 37,300 37,300 37,300 AVENTIS SPON ADR Common Stock 05356110 756,250 11,000 11,000 11,000 AVOCENT CORPORATION Common Stock 05389310 12,705,774 474,273 474,273 474,273 BB&T CORPORATION Common Stock 05493710 4,234,783 111,120 111,120 111,120 THE BISYS GROUP INC Common Stock 05547210 15,712,829 445,754 445,754 445,754 BJ'S WHOLESALE CLUB INC Common Stock 05548J10 2,230,530 49,900 49,900 49,900 BANK OF AMERICA CORP Common Stock 06050510 159,093,747 2,338,926 2,338,926 2,338,926 BANK NEW YORK INC Common Stock 06405710 10,252,880 244,000 244,000 244,000 BARNES AND NOBLES CNV BND REGConv Bond P2 067774AD 3,016,000 2,600,000 2,600,000 2,600,000 BAUSCH & LOMB INC Common Stock 07170710 9,362,864 210,071 210,071 210,071 BAXTER INTERNATIONAL Common Stock 07181310 302,576,467 5,083,610 5,083,610 5,083,610 BEAS SYSTEMS CONV REG Conv Bond P2 073325AD 13,134,825 15,660,000 15,660,000 15,660,000 BECKMAN COULTER INC Common Stock 07581110 2,517,751 49,300 49,300 49,300 BECTON DICKINSON Common Stock 07588710 16,329,818 432,922 432,922 432,922 BED BATH & BEYOND INC Common Stock 07589610 186,204,656 5,517,175 5,517,175 5,517,175 BELLSOUTH Common Stock 07986010 12,245,297 332,211 332,211 332,211 BERKLEY (WR) GROUP Common Stock 08442310 2,678,568 46,600 46,600 46,600 BEST BUY COMPANY INC Common Stock 08651610 139,334,026 1,759,268 1,759,268 1,759,268 ------------- ----------- ----------- ----------- COLUMN TOTALS 1,084,511,982 89,489,047 89,489,047 89,489,047 * ITEM 7: MANAGERS - 1 PAGE 5 OF 05-16-2002 FORM 13F PAGE 4 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ BEVERLY ENTERPRISES Common Stock 08785130 3,232,800 449,000 449,000 449,000 BIOMET INC Common Stock 09061310 2,281,158 84,300 84,300 84,300 BLACKROCK INC Common Stock 09247X10 4,294,400 96,287 96,287 96,287 BOOKHAM TECHNOLOGY - SPON ADRCommon Stock 09856Q10 400,920 257,000 257,000 257,000 BOSTON SCIENTIFIC CORP Common Stock 10113710 5,969,563 237,926 237,926 237,926 BOWATER INC Common Stock 10218310 1,992,000 40,000 40,000 40,000 BRINKER INTL INC Common Stock 10964110 2,784,019 85,900 85,900 85,900 BRISTOL-MYERS SQUIBB Common Stock 11012210 14,930,080 368,735 368,735 368,735 BROOKS AUTOMAT CNV BND Conv Bond P2 11434AAB 11,826,500 12,400,000 12,400,000 12,400,000 BURLINGTON NORTHERN SANTA FE Common Stock 12189T10 67,724,463 2,244,018 2,244,018 2,244,018 BURLINGTON RES INC Common Stock 12201410 2,978,687 74,300 74,300 74,300 C.H. ROBINSON WORLDWIDE INC Common Stock 12541W10 6,872,678 204,544 204,544 204,544 CIGNA CORP Common Stock 12550910 61,234,491 603,950 603,950 603,950 CNET INC CONV BND Conv Bond P2 125945AC 12,524,127 18,300,000 18,300,000 18,300,000 CONSOLIDATED TRANSPORTATION ICommon Stock 12612W10 415,674 12,600 12,600 12,600 CSX CORP Common Stock 12640810 1,793,495 47,061 47,061 47,061 CVS CORPORATION Common Stock 12665010 8,836,542 257,400 257,400 257,400 CV THERAPEUTICS INC Common Stock 12666710 3,301,440 91,200 91,200 91,200 CABOT MICROELECTRONICS CORP Common Stock 12709P10 6,116,575 90,415 90,415 90,415 CACI INTERTNATIONAL INC CLA Common Stock 12719030 2,602,915 74,136 74,136 74,136 CADENCE DESIGN SYS INC Common Stock 12738710 2,885,036 127,600 127,600 127,600 CALLAWAY GOLF CO Common Stock 13119310 2,936,414 152,541 152,541 152,541 CANADIAN NATL RAILWAY CNVPFD Conv Prfd Stock 13637540 8,448,150 127,500 127,500 127,500 CANON INC - SP ADR Common Stock 13800630 702,655 18,914 18,914 18,914 MERISTAR HOSPITALITY COR CNV Conv Bond P2 140918AC 15,201,318 15,201,000 15,201,000 15,201,000 CARDINAL HEALTH INC Common Stock 14149Y10 163,733,215 2,309,680 2,309,680 2,309,680 ------------- ----------- ---------- --------- COLUMN TOTALS 416,019,315 53,956,007 53,956,007 53,956,007 * ITEM 7: MANAGERS - 1 PAGE 6 OF 05-16-2002 FORM 13F PAGE 5 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ CAREMARK RX INC Common Stock 14170510 2,478,450 127,100 127,100 127,100 CELESTICA INC CNV BND Conv Bond P2 15101QAA 7,107,750 16,200,000 16,200,000 16,200,000 CENDANT CORPORATION Common Stock 15131310 205,280,832 10,691,710 10,691,710 10,691,710 CENDANT CORP CONV Conv Bond P2 151313AF 12,399,730 17,192,000 17,192,000 17,192,000 CENDANT CORP REG Conv Bond P2 151313AH 10,439,000 10,400,000 10,400,000 10,400,000 CERTICOM CORP Common Stock 15691510 26,115 15,000 15,000 15,000 CHARLES RIVER LABORATORIES Common Stock 15986410 4,595,564 148,244 148,244 148,244 CHARTER COMMUNICATIONS INC-A Common Stock 16117M10 5,492,416 486,485 486,485 486,485 CHARTER COMM INC CONV BND Conv Bond P2 16117MAC 9,546,500 12,200,000 12,200,000 12,200,000 THE CHEESECAKE FACTORY Common Stock 16307210 3,169,304 85,889 85,889 85,889 CHEVRON TEXACO CORP Common Stock 16676410 75,365,701 834,892 834,892 834,892 CHICO'S FAS INC. Common Stock 16861510 2,423,030 71,900 71,900 71,900 CHUBB CORP Common Stock 17123210 62,604,668 856,425 856,425 856,425 CIENA CORP CONV BOND Conv Bond P2 171779AA 54,586,179 81,965,000 81,965,000 81,965,000 CIRRUS LOGIC INC Common Stock 17275510 1,436,007 76,100 76,100 76,100 CISCO SYS INC Common Stock 17275R10 193,519,652 11,430,576 11,430,576 11,430,576 CITIGROUP INC Common Stock 17296710 428,830,622 8,659,746 8,659,746 8,659,746 CITIZENS COMMUNICATIONS CO Common Stock 17453B10 623,500 58,000 58,000 58,000 CLEAR CHANNEL COMMUNICATIONS Common Stock 18450210 140,591,595 2,734,713 2,734,713 2,734,713 CLEAR CHANNEL COMM CNV Conv Bond P2 184502AB 22,353,353 22,899,000 22,899,000 22,899,000 CLOROX Common Stock 18905410 9,764,743 223,808 223,808 223,808 COACH INC Common Stock 18975410 6,596,813 130,089 130,089 130,089 COLGATE PALMOLIVE CO Common Stock 19416210 147,845,336 2,586,970 2,586,970 2,586,970 COMMUNITY HEALTH SYSTEMS CONVConv Bond P2 203668AA 15,641,513 16,530,000 16,530,000 16,530,000 COMPUTER SCIENCES CORP Common Stock 20536310 39,043,193 769,324 769,324 769,324 COMVERSE TECHNOLOGY INC Common Stock 20586240 1,520,400 120,000 120,000 120,000 ------------- ---------- ----------- -------- COLUMN TOTALS 1,463,281,964 217,492,971 217,492,971 217,492,971 * ITEM 7: MANAGERS - 1 PAGE 7 OF 05-16-2002 FORM 13F PAGE 6 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ COMVERSE TECHNOLOGY CNB Conv Bond P2 205862AJ 54,249,565 68,309,000 68,309,000 68,309,000 CONCORD EFS INC Common Stock 20619710 91,198,100 2,742,800 2,742,800 2,742,800 CONSTELLATION ENERGY GROUP Common Stock 21037110 206,695 6,700 6,700 6,700 COOPER CAMERON CORP Conv Bond P2 216640AB 5,142,500 5,500,000 5,500,000 5,500,000 CORECOMM LIMITED CONV BOND (DConv Bond P2 21869NAC 37,500 1,500,000 1,500,000 1,500,000 CORINTHIAN COLLEGES INC Common Stock 21886810 9,953,447 196,903 196,903 196,903 CORNING Common Stock 21935010 433,578 56,900 56,900 56,900 CORPORATE EXECUTIVE BOARD CO Common Stock 21988R10 3,881,901 103,487 103,487 103,487 COSTCO WHOLESALE CORP Common Stock 22160K10 83,376,709 2,093,840 2,093,840 2,093,840 COVENTRY HEALTH CARE INC Common Stock 22286210 9,061,000 348,500 348,500 348,500 CROMPTON CORPORATION Common Stock 22711610 2,042,690 165,400 165,400 165,400 CUMMINS, INC Common Stock 23102110 3,056,962 64,725 64,725 64,725 CURAGEN CORP CONV BND Conv Bond P2 23126RAC 15,551,274 18,618,000 18,618,000 18,618,000 CYMER INC Common Stock 23257210 11,620,440 234,000 234,000 234,000 CYPRESS SEMICONDUCTOR CNV Conv Bond P2 232806AE 16,854,300 18,420,000 18,420,000 18,420,000 D & K HEALTHCARE RESOURCES Common Stock 23286110 6,616,485 110,238 110,238 110,238 DRS TECHNOLOGIES INC Common Stock 23330X10 3,871,430 93,400 93,400 93,400 D.R. HORTON INC Common Stock 23331A10 1,187,550 31,500 31,500 31,500 DTE ENERGY COMPANY Common Stock 23333110 9,629,120 211,629 211,629 211,629 DANAHER CORP Common Stock 23585110 1,803,908 25,400 25,400 25,400 DELPHI AUTOMOTIVE SYSTEMS Common Stock 24712610 274,932 17,194 17,194 17,194 DELTA AIR LINES Common Stock 24736110 624,854 19,097 19,097 19,097 DEVELOPERS DIVERS REALTY CORPCommon Stock 25159110 3,382,911 161,091 161,091 161,091 DEVON ENERGY CORPORATION Common Stock 25179M10 2,413,500 50,000 50,000 50,000 DIAGNOSTIC PRODS CORP Common Stock 25245010 1,987,200 46,000 46,000 46,000 DIAMOND OFFSHORE DRILL REG Conv Bond P2 25271CAE 3,250,625 3,500,000 3,500,000 3,500,000 ------------- ---------- ---------- ------------ COLUMN TOTALS 341,709,174 122,625,804 122,625,804 122,625,804 * ITEM 7: MANAGERS - 1 PAGE 8 OF 05-16-2002 FORM 13F PAGE 7 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ DIAMONDS TRUST SERIES I Common Stock 25278710 12,657,500 122,000 122,000 122,000 DIANON SYSTEMS INC Common Stock 25282610 6,443,946 99,321 99,321 99,321 DIGENE CORP Common Stock 25375210 4,672,203 130,691 130,691 130,691 DILLARDS, INC. CLS A Common Stock 25406710 546,394 22,900 22,900 22,900 DORAL FINANCIAL CORP Common Stock 25811P10 2,707,614 79,753 79,753 79,753 DUKE ENERGY CORP Common Stock 26439910 948,780 25,100 25,100 25,100 DUKE ENERGY CORP CNVPFD Conv Prfd Stock 26439958 7,502,178 291,800 291,800 291,800 E M C CORP MASS Common Stock 26864810 38,317,853 3,214,585 3,214,585 3,214,585 ENSCO INTL INC Common Stock 26874Q10 2,619,829 86,922 86,922 86,922 ECHOSTAR COMM CONV BND Conv Bond P2 278762AG 1,867,500 2,000,000 2,000,000 2,000,000 EL PASO CORPORATION Common Stock 28336L10 103,666,345 2,354,448 2,354,448 2,354,448 EL PASO ENER CAP TR CNVPFD Conv Prfd Stock 28367820 5,068,050 89,700 89,700 89,700 ELECTRONIC DATA SYSTEMS CORP Common Stock 28566110 199,113,304 3,433,580 3,433,580 3,433,580 ELECTRONIC DATA SYSTEMS CONV Conv Bond P1 285661AB 4,763,325 6,020,000 6,020,000 6,020,000 ELECTRONIC BOUTIQUE HLDGS Common Stock 28604510 3,191,090 92,415 92,415 92,415 EMCORE CORP CNV BND REG Conv Bond P2 290846AB 3,959,063 6,150,000 6,150,000 6,150,000 ENERGY EAST CORPORATION Common Stock 29266M10 8,530,350 392,200 392,200 392,200 ENERGIZER HOLDINGS INC Common Stock 29266R10 2,866,601 120,699 120,699 120,699 ENTERGY Common Stock 29364G10 1,666,380 38,387 38,387 38,387 EQUITY OFFICE PROPERTIES TRUSConv Prfd Stock 29474150 6,212,500 140,000 140,000 140,000 ERICSSON L M TEL CO Common Stock 29482140 1,254,000 300,000 300,000 300,000 ETHAN ALLEN INTERIORS INC Common Stock 29760210 6,121,951 160,850 160,850 160,850 EXXON MOBIL CORPORATION Common Stock 30231G10 47,209,118 1,077,096 1,077,096 1,077,096 FEI COMPANY Common Stock 30241L10 9,980,414 280,743 280,743 280,743 FLIR SYSTEMS INC Common Stock 30244510 5,548,550 116,200 116,200 116,200 FAIRCHILD SEMICON INTL -CL A Common Stock 30372610 2,145,000 75,000 75,000 75,000 ------------- ---------- -------- --------- COLUMN TOTALS 489,579,839 26,914,390 26,914,390 26,914,390 * ITEM 7: MANAGERS - 1 PAGE 9 OF 05-16-2002 FORM 13F PAGE 8 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ FANNIE MAE Common Stock 31358610 131,984,126 1,652,280 1,652,280 1,652,280 FEDERATED DEPT STORES Common Stock 31410H10 6,272,027 153,538 153,538 153,538 FEDEX CORPORATION Common Stock 31428X10 130,149,810 2,240,100 2,240,100 2,240,100 FELCOR LODGING TRUST INC Common Stock 31430F10 3,187,500 150,000 150,000 150,000 FELCOR LODGING CONV PRFD 144AConv Prfd Stock 31430F20 537,000 24,000 24,000 24,000 FIFTH THIRD BANCORP Common Stock 31677310 160,727,238 2,381,850 2,381,850 2,381,850 FISERV INC Common Stock 33773810 6,250,041 135,900 135,900 135,900 FIRSTENERGY CORO Common Stock 33793210 34,242,568 990,242 990,242 990,242 FLEET BOSTON FINANCIAL CORP Common Stock 33903010 31,098,935 888,541 888,541 888,541 FLOWSERVE CORPORATION Common Stock 34354P10 7,538,355 235,500 235,500 235,500 FORTUNE BRANDS INC Common Stock 34963110 8,160,910 165,301 165,301 165,301 FRANKLIN RESOURCES INC REGISTConv Bond P2 354613AC 16,757,438 28,830,000 28,830,000 28,830,000 GALLAGHER (ARTHUR J.) & CO Common Stock 36357610 4,587,800 140,000 140,000 140,000 GAP INC DEL Common Stock 36476010 44,402,592 2,952,300 2,952,300 2,952,300 GATEWAY INC Common Stock 36762610 22,010,784 3,482,719 3,482,719 3,482,719 GENERAL DYNAMICS Common Stock 36955010 202,917,908 2,159,850 2,159,850 2,159,850 GENERAL ELEC CO Common Stock 36960410 41,694,733 1,113,344 1,113,344 1,113,344 GENERAL MTRS CORP Common Stock 37044210 38,083,500 630,000 630,000 630,000 GENESIS HEALTH VENT Common Stock 37183F10 21,600,798 1,188,211 1,188,211 1,188,211 GENESIS HEALTH VENT WTS Stock Warrant 37183F11 776,853 368,713 368,713 368,713 GENTA INC Common Stock 37245M20 2,911,272 173,600 173,600 173,600 GENZYME CP GENERAL DIVISION Common Stock 37291710 1,000,043 22,900 22,900 22,900 GETTY IMAGES INC CONV BOND Conv Bond P2 374276AE 8,042,040 9,036,000 9,036,000 9,036,000 GLAXOSMITHKLINE PLC-ADR Common Stock 37733W10 625,100 13,300 13,300 13,300 GLENBOROUGH REALTY CNVPFD A Conv Prfd Stock 37803P20 1,389,375 65,000 65,000 65,000 GLOBAL IMAGING SYSTEMS INC Common Stock 37934A10 5,819,920 316,300 316,300 316,300 ------------- ---------- --------- --------- COLUMN TOTALS 932,768,666 59,509,489 59,509,489 59,509,489 * ITEM 7: MANAGERS - 1 PAGE 10 OF 05-16-2002 FORM 13F PAGE 9 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ GLOBAL MARINE CONV BOND REG Conv Bond P2 379352AN 7,751,500 14,800,000 14,800,000 14,800,000 GLOBESPAN INC Conv Bond P2 379571AB 6,847,940 7,324,000 7,324,000 7,324,000 GOLDEN WEST FINANCIAL Common Stock 38131710 1,517,460 23,897 23,897 23,897 GOLDMAN SACHS GROUP INC Common Stock 38141G10 30,538,705 338,379 338,379 338,379 GREY WOLF INC Common Stock 39788810 334,224 84,400 84,400 84,400 GROUP 1 AUTOMOTIVE INC Common Stock 39890510 1,276,935 32,700 32,700 32,700 HCA INC Common Stock 40411910 147,774,674 3,352,420 3,352,420 3,352,420 HANGER ORTHOPEDIC GROUP INC Common Stock 41043F20 279,191 26,975 26,975 26,975 HARLEY DAVIDSON INC Common Stock 41282210 333,233,836 6,044,510 6,044,510 6,044,510 HARMAN INTL INDS INC NEW Common Stock 41308610 9,894,675 200,500 200,500 200,500 HARRAH'S ENTERTAINMENT INC Common Stock 41361910 2,584,784 58,400 58,400 58,400 HARRIS CORP Common Stock 41387510 9,207,324 256,400 256,400 256,400 HARTFORD FINANCIAL SVCS GROUPCommon Stock 41651510 71,252,430 1,045,984 1,045,984 1,045,984 HEALTH CARE PPTYS INVEST INC Common Stock 42191510 3,289,457 81,121 81,121 81,121 HEALTH MGMT ASSOC INC NE CLS Common Stock 42193310 2,361,147 113,900 113,900 113,900 HEALTH MANAGEMENT CV Conv Bond P2 421933AB 13,657,860 19,794,000 19,794,000 19,794,000 HEALTHCARE REALTY TRUST INC Common Stock 42194610 3,552,363 117,008 117,008 117,008 HEARTLAND EXPRESS INC Common Stock 42234710 5,983,768 299,788 299,788 299,788 HEINZ (H.J) Common Stock 42307410 30,255,285 729,043 729,043 729,043 HELIX TECHNOLOGY CORP Common Stock 42331910 5,266,560 208,000 208,000 208,000 HIGHWOODS PROPERTIES INC Common Stock 43128410 5,476,511 194,963 194,963 194,963 HOME DEPOT INC Common Stock 43707610 171,201,795 3,521,946 3,521,946 3,521,946 HONDA MOTOR CORP ADR Common Stock 43812830 707,078 33,400 33,400 33,400 HOUSEHOLD INTL INC Common Stock 44181510 54,409,572 957,915 957,915 957,915 ICU MEDICAL INC Common Stock 44930G10 5,307,193 145,802 145,802 145,802 IDEXX LABORATORIES INC Common Stock 45168D10 1,594,296 59,400 59,400 59,400 ----------- -------- -------- -------- COLUMN TOTALS 925,556,561 59,844,851 59,844,851 59,844,851 * ITEM 7: MANAGERS - 1 PAGE 11 OF 05-16-2002 FORM 13F PAGE 10 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ ILLINOIS TOOL WORKS Common Stock 45230810 127,806,999 1,766,510 1,766,510 1,766,510 IMPERIAL CHEMICAL SPONS ADR Common Stock 45270450 2,794,470 147,000 147,000 147,000 INCYTE GENOMICS INC CNV BND Conv Bond P2 45337CAC 10,135,386 12,381,000 12,381,000 12,381,000 INTEGRATED DEVICE TECHNOLOGY Common Stock 45811810 2,669,172 80,300 80,300 80,300 INTERGRATED SILICON SOLUTIONSCommon Stock 45812P10 4,538,525 352,918 352,918 352,918 INTEL CORP Common Stock 45814010 290,993,898 9,569,020 9,569,020 9,569,020 INTEGRATED DEFENSE TECHNOLOGYCommon Stock 45819B10 1,803,750 65,000 65,000 65,000 INTERCEPT, INC Common Stock 45845L10 2,813,000 77,600 77,600 77,600 INTERMUNE INC Common Stock 45884X10 3,034,334 100,909 100,909 100,909 IBM Common Stock 45920010 245,195,496 2,357,649 2,357,649 2,357,649 INTERNATIONAL GAME TECHN Common Stock 45990210 729,144 11,700 11,700 11,700 INTERNATIONAL PAPER CO Common Stock 46014610 99,814,296 2,320,723 2,320,723 2,320,723 INTL PAPER CO CONV BD Conv Bond P1 460146BM 13,152,000 25,600,000 25,600,000 25,600,000 INTL RECTIFIER CORP CNV BND RConv Bond P2 460254AE 8,846,875 9,500,000 9,500,000 9,500,000 INTERNET CAPITAL GROUP CNV Conv Bond P2 46059CAA 19,331,508 51,000,000 51,000,000 51,000,000 INTERNET SECURITIES SYSTEMS Common Stock 46060X10 3,649,145 159,700 159,700 159,700 INTERWOVEN INC Common Stock 46114T10 700,000 140,000 140,000 140,000 INVESTORS FINANCIAL SVCS CP Common Stock 46191510 5,767,328 75,836 75,836 75,836 I2 TECHNOLOGIES CONV BOND Conv Bond P2 465754AF 777,000 1,050,000 1,050,000 1,050,000 IVAX CORP Common Stock 46582310 519,619 32,375 32,375 32,375 IVAX CORP REG CNVBND Conv Bond P2 465823AG 12,112,500 15,000,000 15,000,000 15,000,000 JDA SOFTWARE GROUP INC Common Stock 46612K10 9,860,484 309,300 309,300 309,300 JP MORGAN CHASE & CO Common Stock 46625H10 67,059,254 1,881,045 1,881,045 1,881,045 CCU/JACOR COMM INC Conv Bond P2 469858AB 13,382,703 27,173,000 27,173,000 27,173,000 JOHNSON & JOHNSON Common Stock 47816010 193,070,370 2,972,600 2,972,600 2,972,600 JOY GLOBAL INC-INCOMPLETE REOCommon Stock 48116510 17,527,683 1,075,318 1,075,318 1,075,318 ------------- ----------- --------- ---------- COLUMN TOTALS 1,158,084,939 165,199,503 165,199,503 165,199,503 * ITEM 7: MANAGERS - 1 PAGE 12 OF 05-16-2002 FORM 13F PAGE 11 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ JUNIPER NETWORKS CONV BOND REGConv Bond P2 48203RAA 58,658,606 78,992,000 78,992,000 78,992,000 KLA-TENCOR CORP Common Stock 48248010 123,261,075 1,853,550 1,853,550 1,853,550 KB HOME Common Stock 48666K10 2,504,180 57,700 57,700 57,700 KERR MCGEE CORP Common Stock 49238610 553,080 8,800 8,800 8,800 KIMBERLY-CLARK CORP Common Stock 49436810 89,273,439 1,380,873 1,380,873 1,380,873 KING PHARMACEUTICALS INC Common Stock 49558210 359,413 10,266 10,266 10,266 KNIGHT TRANSPORTATION INC Common Stock 49906410 4,361,182 206,300 206,300 206,300 KOHLS CORP Common Stock 50025510 259,041,141 3,640,775 3,640,775 3,640,775 KRAFT FOOD INC-A Common Stock 50075N10 54,275,074 1,404,271 1,404,271 1,404,271 KROGER CO Common Stock 50104410 39,607,676 1,787,350 1,787,350 1,787,350 KULICKE & SOFFA IND CNV Conv Bond P2 501242AE 3,996,158 3,662,000 3,662,000 3,662,000 LSI LOGIN CORP Common Stock 50216110 2,684,300 157,900 157,900 157,900 LSI LOGIC CORP CONV BOND Conv Bond P2 502161AE 83,987,575 93,574,000 93,574,000 93,574,000 L-3 COMMUNICATIONS HLDGS INC Common Stock 50242410 4,250,400 37,950 37,950 37,950 LABORATORY CORP OF AMERICA HLCommon Stock 50540R40 50,149,159 523,150 523,150 523,150 LABORATORY CP CONV BND Conv Bond P2 50540RAC 27,056,138 35,955,000 35,955,000 35,955,000 LAM RESEARCH CORP REG Conv Bond P2 512807AE 7,940,000 8,000,000 8,000,000 8,000,000 LAMAR ADVERTISING CONV BOND Conv Bond P2 512815AF 14,218,800 13,120,000 13,120,000 13,120,000 LATTICE SEMICONDUCTOR CORP Common Stock 51841510 2,971,335 169,500 169,500 169,500 LATTICE SEMICONDUCTOR CNV Conv Bond P2 518415AC 9,314,781 8,675,000 8,675,000 8,675,000 LEGG MASON INC Common Stock 52490110 2,600,920 49,000 49,000 49,000 LEGG MASON INC CONV BD Conv Bond P2 524901AG 6,982,500 14,250,000 14,250,000 14,250,000 LEHMAN BROTHERS HOLDINGS INC Common Stock 52490810 4,343,032 67,188 67,188 67,188 LENNAR CORP Common Stock 52605710 1,181,824 22,400 22,400 22,400 LIMITED INC Common Stock 53271610 494,040 27,600 27,600 27,600 LINCOLN NATIONAL CORP Common Stock 53418710 37,472,831 738,672 738,672 738,672 ------------- ---------- --------- ---------- COLUMN TOTALS 891,538,659 268,371,245 268,371,245 268,371,245 * ITEM 7: MANAGERS - 1 PAGE 13 OF 05-16-2002 FORM 13F PAGE 12 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ LINENS 'N THINGS INC Common Stock 53567910 4,048,522 132,608 132,608 132,608 LIZ CLAIBORNE Common Stock 53932010 609,740 21,500 21,500 21,500 LLOYDS TSB GOUP PLC SP ADR Common Stock 53943910 1,386,100 33,400 33,400 33,400 LOWES COS INC Common Stock 54866110 182,628,862 4,199,330 4,199,330 4,199,330 LUCENT TECHNOLOGIES INC Common Stock 54946310 27,777,398 5,872,600 5,872,600 5,872,600 M & T BANK CORPORATION Common Stock 55261F10 1,624,680 20,215 20,215 20,215 MBNA CORP Common Stock 55262L10 53,589,929 1,389,420 1,389,420 1,389,420 MDC HOLDINGS INC Common Stock 55267610 8,763,984 202,870 202,870 202,870 MAGELLAN HEALTH SERVICES INC Common Stock 55907910 288,135 50,550 50,550 50,550 MANHATTAN ASSOCIATES INC Common Stock 56275010 12,896,279 338,485 338,485 338,485 MANITOWOC COMPANY INC Common Stock 56357110 5,119,200 129,600 129,600 129,600 MANOR CARE Common Stock 56405510 18,845,040 808,800 808,800 808,800 MANTECH INTERNATIONAL CORP Common Stock 56456310 3,372,180 181,300 181,300 181,300 MANUGISTICS GROUP INC Common Stock 56501110 1,041,780 48,500 48,500 48,500 MANUGISTICS GP CONV BD Conv Bond P2 565011AB 8,638,800 10,016,000 10,016,000 10,016,000 MARSH & MCLENNAN COS Common Stock 57174810 121,480,619 1,077,529 1,077,529 1,077,529 MATTEL INC Common Stock 57708110 4,011,283 192,480 192,480 192,480 MCDERMOTT INTERNATIONAL Common Stock 58003710 2,332,500 150,000 150,000 150,000 MCDONALD'S CORP Common Stock 58013510 63,271,471 2,280,053 2,280,053 2,280,053 MCGRAW-HILL Common Stock 58064510 9,125,025 133,700 133,700 133,700 MEADWESTVACO CORP Common Stock 58333410 83,648,721 2,523,340 2,523,340 2,523,340 MEDAREX INC CONV BOND Conv Bond P2 583916AA 3,859,320 4,436,000 4,436,000 4,436,000 MEDIACOM COMMUNICATIONS CVB Conv Bond P2 58446KAA 3,938,071 3,943,000 3,943,000 3,943,000 MEDICIS PHARMACEUTICALS-CL A Common Stock 58469030 2,225,550 40,100 40,100 40,100 MEDIMMUNE INC Common Stock 58469910 1,265,246 32,170 32,170 32,170 MEDTRONIC INC Common Stock 58505510 106,122,337 2,347,320 2,347,320 2,347,320 ------------- ---------- --------- ---------- COLUMN TOTALS 731,910,772 40,600,870 40,600,870 40,600,870 * ITEM 7: MANAGERS - 1 PAGE 14 OF 05-16-2002 FORM 13F PAGE 13 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ MEDTRONIC INC CONV BND REGIST Conv Bond P2 585055AB 18,859,800 18,490,000 18,490,000 18,490,000 MERITAGE CORPORATION Common Stock 59001A10 1,495,260 23,400 23,400 23,400 MERIX CORP Common Stock 59004910 6,351,012 339,808 339,808 339,808 MERRILL LYNCH Common Stock 59018810 57,311,378 1,034,875 1,034,875 1,034,875 MERRILL LYNCH & CO CONV BOND Conv Bond P1 590188A6 10,948,875 20,370,000 20,370,000 20,370,000 MERRILL LYNCH & CO CONV BD Conv Bond P4 590188A7 20,869,000 20,000,000 20,000,000 20,000,000 METTLER-TOLEDO INTERNATIONAL Common Stock 59268810 6,597,233 145,763 145,763 145,763 MICHAELS STORES INC Common Stock 59408710 14,336,482 379,272 379,272 379,272 MICROSOFT CORP Common Stock 59491810 302,118,904 5,009,433 5,009,433 5,009,433 MICROTUNE INC Common Stock 59514P10 3,362,882 234,021 234,021 234,021 MIRANT CORP Common Stock 60467510 963,425 66,673 66,673 66,673 MISSION RESOURCES CORP Common Stock 60510910 134,048 43,950 43,950 43,950 MOORE CORP LTD Common Stock 61578510 1,301,000 100,000 100,000 100,000 MORGAN STANLEY DEAN WITTER & Common Stock 61744644 153,691,093 2,681,750 2,681,750 2,681,750 MOTOROLA INC Common Stock 62007610 62,580,834 4,407,101 4,407,101 4,407,101 MYRIAD GENETICS INC Common Stock 62855J10 2,802,374 83,628 83,628 83,628 NPS PHARMACEUTICALS INC Common Stock 62936P10 3,318,471 101,700 101,700 101,700 NRG ENERGY INC Common Stock 62937710 10,664,357 884,275 884,275 884,275 NABORS INDS INC CNV BND REG Conv Bond P2 629568AD 4,309,913 6,555,000 6,555,000 6,555,000 NABORS INDUSTRIES INC Conv Bond P2 629568AF 4,504,500 7,800,000 7,800,000 7,800,000 NASDAQ-100 SHARES Common Stock 63110010 5,052,600 140,000 140,000 140,000 NATIONAL CITY CORP Common Stock 63540510 1,404,225 45,651 45,651 45,651 NATIONWIDE HEALTH PPTYS INC Common Stock 63862010 2,448,910 121,534 121,534 121,534 NAVISTAR INTERNATIONAL Common Stock 63934E10 58,120,803 1,311,982 1,311,982 1,311,982 NETWORK ASSOCIATES INC Common Stock 64093810 2,098,140 86,700 86,700 86,700 NETWORK ASSOC INC CVB Conv Bond P1 640938AB 460,000 1,000,000 1,000,000 1,000,000 ------------- ----------- --------- ---------- COLUMN TOTALS 756,105,516 91,456,516 91,456,516 91,456,516 * ITEM 7: MANAGERS - 1 PAGE 15 OF 05-16-2002 FORM 13F PAGE 14 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ NETWORK ASSOCIATES INC CNV Conv Bond P2 64123LAB 5,086,250 3,250,000 3,250,000 3,250,000 NEW YORK COMMUNITY BANCORP Common Stock 64944510 2,108,534 76,258 76,258 76,258 NEW YORK TIMES CO CLS A Common Stock 65011110 2,393,000 50,000 50,000 50,000 NEWMONT MINING CORP HOLDING Common Stock 65163910 10,285,451 371,450 371,450 371,450 NEWS AMERICA INC REG Conv Bond P2 652482AZ 13,793,629 28,963,000 28,963,000 28,963,000 NIKE B Common Stock 65410610 88,280,711 1,471,100 1,471,100 1,471,100 NOKIA CORP ADR Common Stock 65490220 779,824 37,600 37,600 37,600 NORTEL NETWORKS CORP Common Stock 65656810 78,575 17,500 17,500 17,500 NORTHERN BORDER PARTNERS-LP Common Stock 66478510 434,916 10,800 10,800 10,800 OSI PHARMACEUTICALS INC Common Stock 67104010 3,284,685 83,900 83,900 83,900 OCULAR SCIENCES INC Common Stock 67574410 490,051 17,500 17,500 17,500 OMNICOM GROUP INC Common Stock 68191910 250,068,432 2,649,030 2,649,030 2,649,030 OMNICOM GROUP INC CVB Conv Bond P2 681919AK 14,878,125 14,375,000 14,375,000 14,375,000 ONI SYSTEMS CORP CNV BD Conv Bond P2 68273FAA 28,207,944 36,034,000 36,034,000 36,034,000 ORACLE CORPORATION Common Stock 68389X10 178,515,776 13,946,545 13,946,545 13,946,545 O'REILLY AUTOMOTIVE INC. Common Stock 68609110 2,512,972 79,600 79,600 79,600 OWENS ILLINOIS INC Common Stock 69076840 12,570,650 739,450 739,450 739,450 PG & E CORPORATION Common Stock 69331C10 6,475,065 274,833 274,833 274,833 P.F. CHANGS CHINA BISTRO INC Common Stock 69333Y10 3,207,701 48,142 48,142 48,142 PNC FINANCIAL SERVICES GROUP Common Stock 69347510 48,644,124 791,090 791,090 791,090 PPL CORPORATION Common Stock 69351T10 2,760,817 69,700 69,700 69,700 PANERA BREAD COMPANY-CL A Common Stock 69840W10 6,797,857 106,700 106,700 106,700 PARK PLACE ENTERTAINMENT Common Stock 70069010 287,646 27,265 27,265 27,265 PATTERSON DENTAL COMPANY Common Stock 70341210 8,506,403 194,521 194,521 194,521 PATTERSON-UTI ENERGY INC Common Stock 70348110 7,203,028 242,200 242,200 242,200 PAXSON COMMUNICATIONS CORP Common Stock 70423110 285,508 26,050 26,050 26,050 ----------- ---------- --------- ------- COLUMN TOTALS 697,937,674 103,953,234 103,953,234 103,953,234 * ITEM 7: MANAGERS - 1 PAGE 16 OF 05-16-2002 FORM 13F PAGE 15 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ PAYLESS SHOESOURCE INC Common Stock 70437910 2,136,933 35,003 35,003 35,003 PENN NATIONAL GAMING INC Common Stock 70756910 7,679,886 219,300 219,300 219,300 PEPSICO Common Stock 71344810 106,677,100 2,071,400 2,071,400 2,071,400 PEREGRINE SYSTEMS INC CVB Conv Bond P2 71366QAC 4,468,250 5,860,000 5,860,000 5,860,000 PERFORMANCE FOOD GROUP CP Common Stock 71375510 7,175,467 219,702 219,702 219,702 PFIZER INC Common Stock 71708110 295,502,865 7,435,905 7,435,905 7,435,905 PHELPS DODGE Common Stock 71726510 8,581,033 203,825 203,825 203,825 PHILIP MORRIS COS INC Common Stock 71815410 34,093,291 647,300 647,300 647,300 PHILLIPS PETROLEUM Common Stock 71850710 89,706,346 1,428,445 1,428,445 1,428,445 PHOENIX COMPANIES INC Common Stock 71902E10 9,624,614 501,282 501,282 501,282 PHOTON DYNAMICS INC Common Stock 71936410 6,091,533 119,700 119,700 119,700 PHOTOTRONICS INC Common Stock 71940510 8,308,542 246,325 246,325 246,325 PIER 1 IMPORTS INC Common Stock 72027910 8,472,785 411,500 411,500 411,500 PINNACLE ENTERTAINMENT INC Common Stock 72345610 8,922,944 1,107,065 1,107,065 1,107,065 PITNEY BOWES INC Common Stock 72447910 9,836,852 229,833 229,833 229,833 PLANAR SYSTEMS INC Common Stock 72690010 6,231,750 237,400 237,400 237,400 PLEXUS CORP Common Stock 72913210 3,334,892 141,309 141,309 141,309 POLYONE CORPORATION Common Stock 73179P10 2,679,120 219,600 219,600 219,600 PORTAL SOFTWARE Common Stock 73612610 51,952 27,200 27,200 27,200 POWERWAVE TECHNOLOGIES INC Common Stock 73936310 643,500 50,000 50,000 50,000 PRIDE INTERNATIONAL INC Common Stock 74153Q10 313,230 19,700 19,700 19,700 PRIDE INTERNATIONAL INC CNV Conv Bond P2 741932AB 6,083,888 13,190,000 13,190,000 13,190,000 PROCTER & GAMBLE Common Stock 74271810 41,795,003 463,925 463,925 463,925 PROVINCE HEALTHCARE CO Common Stock 74397710 4,770,710 150,164 150,164 150,164 PROVINCE HEALTHCARE CO Conv Bond P2 743977AC 14,144,000 13,600,000 13,600,000 13,600,000 PRUDENTIAL FINANCIAL INC Common Stock 74432010 32,625,011 1,050,725 1,050,725 1,050,725 ------------- ---------- ---------- ----------- COLUMN TOTALS 719,951,498 49,886,608 49,886,608 49,886,608 * ITEM 7: MANAGERS - 1 PAGE 17 OF 05-16-2002 FORM 13F PAGE 16 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ QUADRAMED CNV Conv Bond P2 74730WAC 21,238,455 23,320,000 23,320,000 23,320,000 QUEST DIAGNOSTICS INC Common Stock 74834L10 3,512,840 42,400 42,400 42,400 QUEST DIAGNOSTIC INC CONV BD Conv Bond P2 74834LAF 6,215,000 5,500,000 5,500,000 5,500,000 QWEST COMMUNICATIONS INTL Common Stock 74912110 641,160 78,000 78,000 78,000 RACING CHAMPIONS ERTL CORP Common Stock 75006910 3,012,625 156,500 156,500 156,500 RADIO ONE INC - CL D Common Stock 75040P40 11,875,158 576,464 576,464 576,464 RARE HOSPITALITY INTL INC Common Stock 75382010 6,090,632 239,600 239,600 239,600 RATIONAL SOFTWARE CORP CNV REConv Bond P2 75409PAC 11,795,854 13,539,000 13,539,000 13,539,000 RAYMOND JAMES FINANCIAL INC Common Stock 75473010 4,285,596 125,200 125,200 125,200 RAYTHEON COMPANY Common Stock 75511150 58,658,480 1,428,952 1,428,952 1,428,952 REDBACK NETWORKS Conv Bond P2 757209AB 291,500 550,000 550,000 550,000 REEBOK INT'L LTD Conv Bond P2 758110AE 4,923,675 4,740,000 4,740,000 4,740,000 RELIANT RESOURCES INC Common Stock 75952B10 268,869 15,900 15,900 15,900 RETEK INC Common Stock 76128Q10 6,856,500 261,200 261,200 261,200 ROSYLN BANCORP INC Common Stock 77816210 894,240 43,200 43,200 43,200 ROWAN COMPANIES INC Common Stock 77938210 4,690,944 203,600 203,600 203,600 RUBY TUESDAY INC Common Stock 78118210 6,098,475 262,300 262,300 262,300 RUDOLPH TECHNOLOGIES INC Common Stock 78127010 11,448,363 265,254 265,254 265,254 RURAL CELLULAR CORP-CL A Common Stock 78190410 114,240 25,500 25,500 25,500 RYDER SYS INC Common Stock 78354910 259,952 8,800 8,800 8,800 RYLAND GROUP INC Common Stock 78376410 4,275,480 47,400 47,400 47,400 SBC COMMUNICATIONS (SOUTHWESTCommon Stock 78387G10 12,542,138 334,993 334,993 334,993 SCI SYSTEMS INC CONV BOND Conv Bond P2 783890AF 1,334,375 1,750,000 1,750,000 1,750,000 SEI CORPORATION Common Stock 78411710 3,805,809 88,900 88,900 88,900 S & P 500 DEPOSITORY RECEIPT Common Stock 78462F10 14,658,560 128,000 128,000 128,000 SPX CORP Common Stock 78463510 2,194,490 15,500 15,500 15,500 ------------- ---------- --------- ---------- COLUMN TOTALS 201,983,409 53,746,663 53,746,663 53,746,663 * ITEM 7: MANAGERS - 1 PAGE 18 OF 05-16-2002 FORM 13F PAGE 17 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ SPX CORP CNV BND Conv Bond P2 784635AD 28,413,656 37,325,000 37,325,000 37,325,000 S3 INCORPORATED CNV Conv Bond P2 784849AC 3,304,575 3,865,000 3,865,000 3,865,000 SAFEGUARD SCIENTIFIC CONV BD Conv Bond P2 786449AE 312,500 500,000 500,000 500,000 SAFEWAY INC Common Stock 78651420 1,751,278 38,900 38,900 38,900 ST JUDE MEDICAL INC Common Stock 79084910 2,013,615 26,100 26,100 26,100 HENRY SCHEIN INC Common Stock 80640710 7,475,285 169,700 169,700 169,700 SEALED AIR CORP Common Stock 81211K10 503,756 10,700 10,700 10,700 SEARS ROEBUCK & CO Common Stock 81238710 71,841,062 1,401,230 1,401,230 1,401,230 SEMTECH CORP Common Stock 81685010 2,536,750 69,500 69,500 69,500 SERENA SOFTWARE INC Common Stock 81749210 2,827,500 145,000 145,000 145,000 SHAW GROUP INC CV BOND Conv Bond P1 820280AC 16,532,690 27,000,000 27,000,000 27,000,000 SIEBEL SYSTEMS CNV Conv Bond P2 826170AC 9,831,250 6,500,000 6,500,000 6,500,000 SIERRA PACIFIC RESOURCES Common Stock 82642810 411,957 27,300 27,300 27,300 SMITH & WOLENSKY RESTAURANT Common Stock 83175810 2,405,684 490,956 490,956 490,956 SONIC CORP Common Stock 83545110 1,997,667 77,700 77,700 77,700 SONIC AUTOMOTIVE INC Common Stock 83545G10 1,067,288 35,600 35,600 35,600 SONICWALL INC Common Stock 83547010 1,910,360 146,500 146,500 146,500 SOUTHWEST AIRLS CO Common Stock 84474110 367,650 19,000 19,000 19,000 SPINNAKER EXPLORATION CO Common Stock 84855W10 2,082,500 50,000 50,000 50,000 SPRINT CORP Common Stock 85206110 58,047,384 3,796,428 3,796,428 3,796,428 STATE STREET CORP Common Stock 85747710 89,411,010 1,614,500 1,614,500 1,614,500 STEWART ENTERPRISES INC CLS ACommon Stock 86037010 306,909 51,400 51,400 51,400 SUN MICROSYSTEMS INC Common Stock 86681010 114,541,900 12,986,610 12,986,610 12,986,610 SUNGARD DATA SYSTEMS INC Common Stock 86736310 47,241,065 1,432,850 1,432,850 1,432,850 SUNOCO INC Common Stock 86764P10 3,771,303 94,259 94,259 94,259 SUNTRUST BANKS Common Stock 86791410 4,397,574 65,901 65,901 65,901 ------------ ----------- ---------- --------- COLUMN TOTALS 475,304,169 97,940,134 97,940,134 97,940,134 * ITEM 7: MANAGERS - 1 PAGE 19 OF 05-16-2002 FORM 13F PAGE 18 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ SUPERVALU INC CONV BD 144A Conv Bond P2 868536AN 14,220,000 48,000,000 48,000,000 48,000,000 SYMANTEC CORP Conv Bond P2 871503AB 5,859,000 4,200,000 4,200,000 4,200,000 SYNAPTICS INC Common Stock 87157D10 7,039,725 408,100 408,100 408,100 SYNOVUS FINL CORP Common Stock 87161C10 748,284 24,550 24,550 24,550 SYSCO Common Stock 87182910 109,000,748 3,655,290 3,655,290 3,655,290 TJX COMPANIES INC Common Stock 87254010 68,169,038 1,703,800 1,703,800 1,703,800 TRW INC Common Stock 87264910 14,910,602 289,695 289,695 289,695 TVX GOLD INC Common Stock 87308K20 7,715,884 10,152,479 10,152,479 10,152,479 TXU CORPORATION Common Stock 87316810 4,439,730 81,448 81,448 81,448 TALBOTS INC Common Stock 87416110 6,405,488 180,946 180,946 180,946 TARGET CORP Common Stock 87612E10 146,510,980 3,397,750 3,397,750 3,397,750 TECH DATA CORP Common Stock 87823710 2,624,908 57,200 57,200 57,200 TECHNE CORP Common Stock 87837710 2,516,590 91,280 91,280 91,280 TEKELEC INC CONV BOND Conv Bond P2 879101AC 4,437,000 4,930,000 4,930,000 4,930,000 TELLABS INC Common Stock 87966410 31,041,896 2,964,842 2,964,842 2,964,842 TEMPLE INLAND INC Common Stock 87986810 16,057,432 283,100 283,100 283,100 TENET HEALTHCARE CORP Common Stock 88033G10 34,729,764 518,200 518,200 518,200 TERADYNE INC Common Stock 88077010 973,921 24,700 24,700 24,700 TEVA PHAMACEUT FIN NV CONV BDConv Bond P2 88163XAB 15,528,594 16,675,000 16,675,000 16,675,000 TEXAS INSTRS INC Common Stock 88250810 170,679,323 5,156,475 5,156,475 5,156,475 TEXTRON INC Common Stock 88320310 11,935,427 233,570 233,570 233,570 TORO CO Common Stock 89109210 1,880,380 31,550 31,550 31,550 TOWER AUTOMOTIVE INC CNV Conv Bond P2 891707AE 2,287,500 2,500,000 2,500,000 2,500,000 TRANSOCEAN SEDCO FOREX CV BONConv Bond P2 893830AD 11,472,000 12,800,000 12,800,000 12,800,000 TRICON GLOBAL RESTAURANTS Common Stock 89595310 6,538,217 111,232 111,232 111,232 TRIGON HEALTHCARE INC Common Stock 89618L10 3,255,462 44,100 44,100 44,100 ------------- ---------- --------- -------- COLUMN TOTALS 700,977,892 118,515,307 118,515,307 118,515,307 * ITEM 7: MANAGERS - 1 PAGE 20 OF 05-16-2002 FORM 13F PAGE 19 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ TWEETER HOME ENTERTAINMENT Common Stock 90116710 5,627,565 287,855 287,855 287,855 TYCO INTL LTD Common Stock 90212410 101,349,412 3,135,811 3,135,811 3,135,811 TYCO INTL LTD REG Conv Bond P2 902124AC 17,030,004 25,183,000 25,183,000 25,183,000 UNITED AIR LINES Common Stock 90254950 179,740 11,000 11,000 11,000 USF&G CORP CONV BND Conv Bond P2 903290AD 9,953,125 12,500,000 12,500,000 12,500,000 UNILEVER NV Common Stock 90478470 2,584,400 45,500 45,500 45,500 UNISYS CORP Common Stock 90921410 24,583,701 1,946,453 1,946,453 1,946,453 UNITED DEFENSE INDS INC Common Stock 91018B10 2,457,560 91,700 91,700 91,700 UNITED MICROELECTRONICS - ADRCommon Stock 91087320 2,396,250 225,000 225,000 225,000 UNITED TECHNOLOGIES CORP Common Stock 91301710 275,620,426 3,714,561 3,714,561 3,714,561 UNITEDHEALTH GROUP Common Stock 91324P10 324,374,243 4,244,625 4,244,625 4,244,625 UNIVERSAL HEALTH SERV CNV Conv Bond P2 913903AL 3,752,000 6,700,000 6,700,000 6,700,000 UNOCAL CORP Common Stock 91528910 72,864,778 1,870,726 1,870,726 1,870,726 FOOT LOCKER INC CV BD REG Conv Bond P2 922944AB 3,670,800 3,040,000 3,040,000 3,040,000 VERIZON COMMUNICATIONS Common Stock 92343V10 86,800,307 1,882,870 1,882,870 1,882,870 VERIZON GLOBAL FDG CORP REG Conv Bond P1 92344GAN 17,820,000 33,000,000 33,000,000 33,000,000 VERTEX PHARMACEUTICALS CONV BConv Bond P2 92532FAD 7,332,000 9,400,000 9,400,000 9,400,000 VIACOM INC-CL B Common Stock 92552430 58,894,635 1,217,586 1,217,586 1,217,586 VIASYS HEALTHCARE INC Common Stock 92553Q20 1,686,750 75,000 75,000 75,000 VITESSE SEMICONDUCTOR CNV Conv Bond P2 928497AB 33,454,802 42,016,000 42,016,000 42,016,000 VITRIA TECHNOLOGY INC Common Stock 92849Q10 59,250 15,000 15,000 15,000 VIVENDI UNIVERSAL SP -ADR Common Stock 92851S20 1,776,198 46,135 46,135 46,135 VORNADO REALTY TRUST CV PFD Conv Prfd Stock 92904220 13,141,875 215,000 215,000 215,000 WCI COMMUNITIES INC Common Stock 92923C10 2,344,840 96,100 96,100 96,100 WHX CORP CNVPFD B Conv Prfd Stock 92924830 542,590 187,100 187,100 187,100 WPP GROUP PLC SPONSORED ADR Common Stock 92930930 1,467,960 26,000 26,000 26,000 ------------- ----------- -------- ---------- COLUMN TOTALS 1,071,765,209 151,173,022 151,173,022 151,173,022 * ITEM 7: MANAGERS - 1 PAGE 21 OF 05-16-2002 FORM 13F PAGE 20 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ WAL MART STORES INC Common Stock 93114210 202,314,520 3,300,400 3,300,400 3,300,400 WALGREEN Common Stock 93142210 155,000,369 3,955,100 3,955,100 3,955,100 WASHINGTON MUTUAL SAVINGS BANCommon Stock 93932210 52,595,200 1,587,540 1,587,540 1,587,540 WELLPOINT HEALTH NETWORKS Common Stock 94973H10 42,665,267 670,100 670,100 670,100 WENDYS FINANCE I SERIES A Conv Prfd Stock 95058820 3,781,671 56,300 56,300 56,300 WERNER ENTERPRISES INC Common Stock 95075510 505,565 24,132 24,132 24,132 WILLIAMS-SONOMA INC Common Stock 96990410 7,055,188 153,407 153,407 153,407 QUEBECOR WORLD INC CNV Conv Bond P2 981443AA 7,872,581 7,281,000 7,281,000 7,281,000 WORLDCOM INC-WORLDCOM GROUP Common Stock 98157D10 67,400 10,000 10,000 10,000 XL CAPITAL LTD CONV BOND Conv Bond P1 98372PAB 21,388,544 33,485,000 33,485,000 33,485,000 XILINX INC Common Stock 98391910 117,961,684 2,959,400 2,959,400 2,959,400 YOUNG & RUBICAM INC CV BD Conv Bond P2 987425AC 14,681,250 15,000,000 15,000,000 15,000,000 ZIMMER HOLDINGS INC Common Stock 98956P10 1,821,675 53,500 53,500 53,500 ZORAN CORP Common Stock 98975F10 7,645,005 175,023 175,023 175,023 AMDOCS LTD Common Stock G0260210 290,485 10,900 10,900 10,900 GLOBALSANTAFE CORP Common Stock G3930E10 1,957,291 59,856 59,856 59,856 INGERSOLL-RAND CO CLASS A Common Stock G4776G10 63,149,150 1,262,478 1,262,478 1,262,478 NORDIC AMERICAN TANKER SHIPPICommon Stock G6577310 152,700 10,000 10,000 10,000 RENAISSANCERE HOLDINGS LTD Common Stock G7496G10 2,337,791 22,697 22,697 22,697 WILLIS GROUP HOLDINGS LTD Common Stock G9665510 1,572,155 63,650 63,650 63,650 XL CAPITAL LTD - CLASS A Common Stock G9825510 2,557,790 27,400 27,400 27,400 UBS AG-REGISTERED Common Stock H8920M85 1,288,525 25,900 25,900 25,900 PRECISE SOFTWARE SOLUTIONS Common Stock M4145010 10,091,068 433,279 433,279 433,279 ORBOTECH LTD Common Stock M7525310 5,080,614 161,700 161,700 161,700 ASM INTERNATIONAL N.V Common Stock N0704510 6,600,608 252,800 252,800 252,800 ORTHOFIX INTERNATIONAL NV Common Stock N6748L10 5,086,904 126,132 126,132 126,132 ------------- ---------- --------- -------- COLUMN TOTALS 735,520,999 71,167,694 71,167,694 71,167,694 * ITEM 7: MANAGERS - 1 PAGE 22 OF 05-16-2002 FORM 13F PAGE 21 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 3/31/02 - ------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7* ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTH OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------ ASE TEST LIMITED Common Stock Y0251610 6,556,200 420,000 420,000 420,000 FLEXTRONICS INTL LTD Common Stock Y2573F10 766,500 42,000 42,000 42,000 -------------- ------------- -------- ----------- COLUMN TOTALS 7,322,700 462,000 462,000 462,000 ------------ ------------- -------------- ---------- REPORT TOTALS 14,953,664,148 2,034,816,263 2,034,816,263 2,034,816,263 =============== ============== ============= ============= * ITEM 7: MANAGERS - 1 PAGE 23 OF
-----END PRIVACY-ENHANCED MESSAGE-----