-----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, QKp2owM6hOvbl1+R24ZeNc8Bw7HqbH48ltaUIJMPNqh5F3rgG2okAQUkuZ1V93sD JOF4F3WT4RpTwKXeLXlQ/Q== 0000061227-03-000003.txt : 20030114 0000061227-03-000003.hdr.sgml : 20030114 20030110125601 ACCESSION NUMBER: 0000061227-03-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020930 FILED AS OF DATE: 20030110 EFFECTIVENESS DATE: 20030110 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 SEC ACT: 1934 Act SEC FILE NUMBER: 028-00046 FILM NUMBER: 03510201 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 1 f13.txt
10-30-2002 FORM 13F PAGE 1 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - --------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY 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 6,963,328 329,547 329,547 329,547 AFLAC INC Common Stock 00105510 4,875,260 158,855 158,855 158,855 AGCO CP Common Stock 00108410 8,761,086 377,633 377,633 377,633 AES CORP Common Stock 00130H10 93,974 37,440 37,440 37,440 AOL TIME WARNER Common Stock 00184A10 2,047,500 175,000 175,000 175,000 AT&T CORP Common Stock 00195710 195,751 16,299 16,299 16,299 ATMI INC Common Stock 00207R10 2,378,684 168,701 168,701 168,701 AT & T WIRELESS SERVICES INC Common Stock 00209A10 370,211 89,857 89,857 89,857 ABERCROMBIE & FITCH CO CLS A Common Stock 00289620 434,707 22,100 22,100 22,100 ABITIBI-CONSOLIDATED INC Common Stock 00392410 12,810,431 1,892,235 1,892,235 1,892,235 ACTIVISION INC Common Stock 00493020 2,053,194 85,800 85,800 85,800 ADAPTEC INC CNV BND REG Conv Bond P2 00651FAC 7,409,025 7,599,000 7,599,000 7,599,000 ADVANCE AUTO PARTS Common Stock 00751Y10 10,417,416 197,524 197,524 197,524 ADVANCED MICRO DEVICES Common Stock 00790310 24,592,099 4,605,262 4,605,262 4,605,262 ADVANCEPCS Common Stock 00790K10 3,887,934 172,567 172,567 172,567 ADVANCED ENERGY INDUSTRIES Common Stock 00797310 1,749,108 196,529 196,529 196,529 AFFILIATED COMPUTER SVSC Common Stock 00819010 4,200,101 98,707 98,707 98,707 AFFILIATED MANAGERS GROUP Common Stock 00825210 6,075,034 136,181 136,181 136,181 AFFILIATED MANAGERS GRP CONV B Conv Bond P1 008252AC 8,703,625 10,150,000 10,150,000 10,150,000 AFFYMETRIX INC Common Stock 00826T10 2,678,686 128,783 128,783 128,783 AFFYMETRIX INC Conv Bond P2 00826TAB 16,727,591 19,479,000 19,479,000 19,479,000 AIR PRODUCTS & CHEMICALS Common Stock 00915810 59,114,413 1,407,151 1,407,151 1,407,151 AIRGATE PCS INC Common Stock 00936710 17,160 39,000 39,000 39,000 AKAMAI TECHNOLOGIES INC Conv Bond P2 00971TAC 172,500 500,000 500,000 500,000 ALBERTSON'S Common Stock 01310410 1,405,774 58,186 58,186 58,186 ALCOA INC Common Stock 01381710 48,950,745 2,536,308 2,536,308 2,536,308 ----------- ----------- -------------- -------------- COLUMN TOTALS 237,085,337 50,652,715 50,652,715 50,652,715 ITEM 7: MANAGERS - 1 PAGE 3 OF 10-30-2002 FORM 13F PAGE 2 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- ALLERGAN INC Common Stock 01849010 582,080 10,700 10,700 10,700 ALLIANCE GAMING CORP Common Stock 01859P60 3,069,227 198,527 198,527 198,527 ALLIANT TECHSYSTEMS INC Common Stock 01880410 6,319,063 91,250 91,250 91,250 ALLSTATE CORP Common Stock 02000210 57,492,740 1,617,236 1,617,236 1,617,236 ALLTEL CORP Common Stock 02003910 53,482,896 1,332,741 1,332,741 1,332,741 ALZA CORP CONV BOND Conv Bond P2 02261WAB 12,288,356 15,555,000 15,555,000 15,555,000 AMERICAN EXPRESS Common Stock 02581610 122,712,008 3,935,600 3,935,600 3,935,600 AMERICAN INTL GROUP CONV BND Conv Bond P2 026874AN 27,379,257 30,935,000 30,935,000 30,935,000 AMERICAN ITALIAN PASTA CO - A Common Stock 02707010 6,434,229 180,281 180,281 180,281 AMERICAN STANDARD COMPANIES Common Stock 02971210 77,154,328 1,212,737 1,212,737 1,212,737 AMERISTAR CASINOS INC Common Stock 03070Q10 617,338 32,560 32,560 32,560 AMERISOURCE HEALTH CORP CNV BNConv Bond P2 03071PAD 20,473,367 13,240,000 13,240,000 13,240,000 AMERISOURCEBERGEN CORP Common Stock 03073E10 2,074,751 29,050 29,050 29,050 AMGEN Common Stock 03116210 77,208,176 1,851,515 1,851,515 1,851,515 AMGEN INC CONV BD REG Conv Bond P1 031162AE 13,976,550 19,720,000 19,720,000 19,720,000 AMKOR TECHNOLOGIES INC CONV BDConv Bond P2 031652AN 1,326,000 3,900,000 3,900,000 3,900,000 AMPHENOL CORP -CL A Common Stock 03209510 9,192,337 296,527 296,527 296,527 ANALOG DEVICES Common Stock 03265410 26,699,213 1,355,290 1,355,290 1,355,290 ANALOG DEVICES INC CONV BND REConv Bond P2 032654AD 9,800,000 10,000,000 10,000,000 10,000,000 ANNTAYLOR STORES CORP Common Stock 03611510 3,528.081 153,195 153,195 153,195 ANTHEM INC Common Stock 03674B10 3,744,975 57,615 57,615 57,615 APPLE COMPUTER INC Common Stock 03783310 21,349,945 1,472,410 1,472,410 1,472,410 APRIA HEALTHCARE GROUP I Common Stock 03793310 36,693,098 1,557,432 1,557,432 1,557,432 APPLIED MATLS INC Common Stock 03822210 49,401,776 4,277,210 4,277,210 4,277,210 ARCH CHEMICALS INC Common Stock 03937R10 3,593,988 202,821 202,821 202,821 ARROW ELECTRONIC INC. CNV BND Conv Bond P2 042735AY 10,352,265 25,005,000 25,005,000 25,005,000 ----------- ----------- -------------- -------------- COLUMN TOTALS 656,946,044 138,219,697 138,219,697 138,219,697 * ITEM 7: MANAGERS - 1 PAGE 4 OF 10-30-2002 FORM 13F PAGE 3 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- ASSOCIATED BANC CORP Common Stock 04548710 656,811 20,700 20,700 20,700 AUTOZONE INC Common Stock 05333210 879,289 11,150 11,150 11,150 AVAYA INC CONV BD Conv Bond P1 053499AA 259,500 1,200,000 1,200,000 1,200,000 AVOCENT CORPORATION Common Stock 05389310 5,391,324 402,939 402,939 402,939 BB&T CORPORATION Common Stock 05493710 59,693,759 1,703,589 1,703,589 1,703,589 THE BISYS GROUP INC Common Stock 05547210 6,273,953 375,461 375,461 375,461 BP AMOCO PLC ADR AMERICAN SHARCommon Stock 05562210 1,228,920 30,800 30,800 30,800 BANK OF AMERICA CORP Common Stock 06050510 203,274,959 3,186,128 3,186,128 3,186,128 BANK NEW YORK INC Common Stock 06405710 7,185,000 250,000 250,000 250,000 BARR LABORATORIES INC Common Stock 06830610 20,626,711 331,140 331,140 331,140 BAUSCH & LOMB INC Common Stock 07170710 9,870,231 297,565 297,565 297,565 BAXTER INTERNATIONAL Common Stock 07181310 126,966,411 4,156,020 4,156,020 4,156,020 BAXTER INTERNATIONAL INC CONV Conv Bond P2 071813AR 19,706,298 20,010,000 20,010,000 20,010,000 BEAS SYSTEMS CONV BND REG Conv Bond P2 073325AD 17,638,003 21,300,000 21,300,000 21,300,000 BECKMAN COULTER INC Common Stock 07581110 3,390,120 87,600 87,600 87,600 BECTON DICKINSON Common Stock 07588710 14,449,380 508,781 508,781 508,781 BED BATH & BEYOND INC Common Stock 07589610 163,712,616 5,026,485 5,026,485 5,026,485 BELLSOUTH Common Stock 07986010 27,475,813 1,496,504 1,496,504 1,496,504 BERKLEY (WR) GROUP Common Stock 08442310 3,991,600 117,400 117,400 117,400 BEVERLY ENTERPRISES Common Stock 08785130 644,724 266,415 266,415 266,415 MERRILL LYNCH-BIOTECH HOLDERS Common Stock 09067D20 4,674,000 60,000 60,000 60,000 BLACKROCK INC Common Stock 09247X10 4,048,764 97,749 97,749 97,749 BOISE CASCADE Common Stock 09738310 2,787,049 122,239 122,239 122,239 BOSTON SCIENTIFIC CORP Common Stock 10113710 6,537,844 207,156 207,156 207,156 BOWATER INC Common Stock 10218310 2,680,823 75,944 75,944 75,944 BRINKER INTL INC Common Stock 10964110 2,551,150 98,500 98,500 98,500 ----------- ---------- -------------- -------------- COLUMN TOTALS 716,595,052 61,440,265 61,440,265 61,440,265 * ITEM 7: MANAGERS - 1 PAGE 5 OF 10-30-2002 FORM 13F PAGE 4 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - ------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- BRINKER INTERNATIONAL CONV BD Conv Bond P2 109641AC 9,069,204 14,285,000 14,285,000 14,285,000 BRISTOL-MYERS SQUIBB Common Stock 11012210 24,492,604 1,029,101 1,029,101 1,029,101 BROOKS AUTOMAT CNV BND REG Conv Bond P2 11434AAB 6,121,500 8,400,000 8,400,000 8,400,000 BURLINGTON NORTHERN SANTA FE Common Stock 12189T10 54,969,093 2,298,039 2,298,039 2,298,039 BURLINGTON RES INC Common Stock 12201410 4,565,377 119,014 119,014 119,014 CBRL GROUP INC Common Stock 12489V10 591,038 25,900 25,900 25,900 CIGNA CORP Common Stock 12550910 43,312,665 612,193 612,193 612,193 CNET INC CONV BND Conv Bond P2 125945AC 10,362,594 16,560,000 16,560,000 16,560,000 CSX CORP Common Stock 12640810 2,082,015 78,924 78,924 78,924 CVS CORPORATION Common Stock 12665010 40,493,583 1,597,380 1,597,380 1,597,380 CACI INTERTNATIONAL INC CLA Common Stock 12719030 5,752,082 162,259 162,259 162,259 CALIF FED BK - GOODWILL CERTIFCommon Stock 13020960 84,395 45,619 45,619 45,619 CALLAWAY GOLF CO Common Stock 13119310 2,597,888 249,797 249,797 249,797 CAMBREX CORP Common Stock 13201110 1,983,520 53,900 53,900 53,900 CANADIAN NATL RAILWAY CO Common Stock 13637510 1,655,469 44,335 44,335 44,335 CANON INC - SP ADR Common Stock 13800630 3,232,064 101,414 101,414 101,414 MERISTAR HOSPITALITY COR CNV BConv Bond P2 140918AC 13,179,771 14,001,000 14,001,000 14,001,000 CARDINAL HEALTH INC Common Stock 14149Y10 120,383,746 1,935,430 1,935,430 1,935,430 CAREMARK RX INC Common Stock 14170510 4,042,600 237,800 237,800 237,800 CELESTICA INC Common Stock 15101Q10 655,000 50,000 50,000 50,000 CELESTICA INC CNV BND Conv Bond P2 15101QAA 6,925,500 16,200,000 16,200,000 16,200,000 CELGENE CORP Common Stock 15102010 3,944,652 234,243 234,243 234,243 CENDANT CORPORATION Common Stock 15131310 101,504,675 9,433,520 9,433,520 9,433,520 CENDANT CORP CNV BND REG Conv Bond P2 151313AF 37,740,268 49,517,000 49,517,000 49,517,000 CERNER CORP Common Stock 15678210 4,184,779 118,852 118,852 118,852 CHARLES RIVER LABORATORIES Common Stock 15986410 8,114,467 206,738 206,738 206,738 ----------- ---------- -------------- -------------- COLUMN TOTALS 512,040,539 137,597,458 137,597,458 137,597,458 * ITEM 7: MANAGERS - 1 PAGE 6 OF 10-30-2002 FORM 13F PAGE 5 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- CHARTER COMMUNICATIONS INC-A Common Stock 16117M10 877,985 472,035 472,035 472,035 CHARTER COMM INC CONV BND Conv Bond P2 16117MAC 1,821,750 4,200,000 4,200,000 4,200,000 THE CHEESECAKE FACTORY Common Stock 16307210 4,074,241 136,582 136,582 136,582 CHEVRON TEXACO CORP Common Stock 16676410 62,839,874 907,435 907,435 907,435 CHICO'S FAS INC. Common Stock 16861510 3,862,738 242,482 242,482 242,482 CHIQUITA BRANDS Common Stock 17003280 17,212,249 1,071,911 1,071,911 1,071,911 CHRISTOPHER & BANKS CORP Common Stock 17104610 4,374,849 174,158 174,158 174,158 CHUBB CORP Common Stock 17123210 44,274,128 807,480 807,480 807,480 CIENA CORP CONV BOND Conv Bond P2 171779AA 51,078,635 85,440,000 85,440,000 85,440,000 CIRRUS LOGIC INC Common Stock 17275510 471,750 185,000 185,000 185,000 CISCO SYS INC Common Stock 17275R10 80,673,971 7,697,898 7,697,898 7,697,898 CITIGROUP INC Common Stock 17296710 107,846,479 3,637,318 3,637,318 3,637,318 CITIZENS COMMUNICATIONS CO Common Stock 17453B10 393,240 58,000 58,000 58,000 CITIZENS UTILITIES TRUST 5.00 ConvPrfdStock17735120 803,000 25,000 25,000 25,000 CLEAR CHANNEL COMMUNICATIONS Common Stock 18450210 30,969,235 891,201 891,201 891,201 CLEAR CHANNEL COMM CNV BND Conv Bond P2 184502AB 23,155,018 23,299,000 23,299,000 23,299,000 CLOROX Common Stock 18905410 2,296,850 57,164 57,164 57,164 COACH INC Common Stock 18975410 5,127,271 200,284 200,284 200,284 COCA-COLA CO Common Stock 19121610 117,421,427 2,448,320 2,448,320 2,448,320 COLGATE PALMOLIVE CO Common Stock 19416210 98,422,064 1,824,320 1,824,320 1,824,320 COMCAST CORP Common Stock 20030010 215,220 10,090 10,090 10,090 COMMERCE BANCORP INC/NJ Common Stock 20051910 1,780,779 42,900 42,900 42,900 COMPASS BANCSHARES INC Common Stock 20449H10 4,384,101 148,664 148,664 148,664 COMPUTER SCIENCES CORP Common Stock 20536310 31,347,509 1,128,014 1,128,014 1,128,014 COMVERSE TECHNOLOGY CNV BND Conv Bond P2 205862AJ 24,760,739 29,069,000 29,069,000 29,069,000 CONCORD EFS INC Common Stock 20619710 29,136,624 1,834,800 1,834,800 1,834,800 ----------- ------------- -------------- -------------- COLUMN TOTALS 749,621,726 166,009,056 166,009,056 166,009,056 * ITEM 7: MANAGERS - 1 PAGE 7 OF 10-30-2002 FORM 13F PAGE 6 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- CONSTELLATION ENERGY GROUP Common Stock 21037110 394,161 15,900 15,900 15,900 CONTINENTAL AIRLINES INC CNV BConv Bond P2 210795PD 3,734,640 10,795,000 10,795,000 10,795,000 COOPER CAMERON CORP CNV BND Conv Bond P2 216640AB 5,634,694 5,855,000 5,855,000 5,855,000 CORECOMM LIMITED CONV BOND (DEConv Bond P2 21869NAC 37,500 1,500,000 1,500,000 1,500,000 CORINTHIAN COLLEGES INC Common Stock 21886810 13,712,187 363,333 363,333 363,333 CORPORATE EXECUTIVE BOARD CO Common Stock 21988R10 3,130,593 109,653 109,653 109,653 COSTCO WHOLESALE CORP Common Stock 22160K10 45,040,913 1,391,440 1,391,440 1,391,440 COVENTRY HEALTH CARE INC Common Stock 22286210 15,584,465 479,522 479,522 479,522 PCS/COX COMM CONV BOND Conv Bond P2 224044AX 27,726,079 60,500,000 60,500,000 60,500,000 CROMPTON CORPORATION Common Stock 22711610 3,176,996 316,119 316,119 316,119 CUMMINS, INC Common Stock 23102110 2,540,261 107,547 107,547 107,547 CURAGEN CORP CONV BND Conv Bond P2 23126RAC 13,812,413 19,193,000 19,193,000 19,193,000 CYMER INC Common Stock 23257210 4,994,085 267,923 267,923 267,923 CYPRESS SEMICONDUCTOR CORP Common Stock 23280610 656,000 100,000 100,000 100,000 CYPRESS SEMICONDUCTOR CNV BND Conv Bond P2 232806AE 4,921,925 6,260,000 6,260,000 6,260,000 D & K HEALTHCARE RESOURCES Common Stock 23286110 1,562,231 174,551 174,551 174,551 DRS TECHNOLOGIES INC Common Stock 23330X10 6,822,575 183,304 183,304 183,304 D.R. HORTON INC Common Stock 23331A10 1,027,824 55,200 55,200 55,200 DTE ENERGY COMPANY Common Stock 23333110 10,432,834 256,335 256,335 256,335 DANAHER CORP Common Stock 23585110 562,815 9,900 9,900 9,900 DEAN FOODS CO Common Stock 24237010 2,072,538 52,100 52,100 52,100 DELPHI CORP Common Stock 24712610 23,006,819 2,690,856 2,690,856 2,690,856 DELTA AIR LINES Common Stock 24736110 374,332 40,079 40,079 40,079 DEVELOPERS DIVERS REALTY CORP Common Stock 25159110 4,385,999 199,273 199,273 199,273 DEVON ENERGY CORPORATION Common Stock 25179M10 2,412,500 50,000 50,000 50,000 DIAGEO PLC -SPONS ADR NEW Common Stock 5243Q20 1,033,137 20,700 20,700 20,700 ----------- ------------- -------------- -------------- COLUMN TOTALS 198,788,498 110,986,735 110,986,735 110,986,735 * ITEM 7: MANAGERS - 1 PAGE 8 OF 10-30-2002 FORM 13F PAGE 7 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- DIAGNOSTIC PRODS CORP Common Stock 25245010 8,577,022 186,457 186,457 186,457 DIAMONDS TRUST SERIES I Common Stock 25278710 9,272,000 122,000 122,000 122,000 DIANON SYSTEMS INC Common Stock 25282610 3,090,337 65,321 65,321 65,321 DILLARDS, INC. CLS A Common Stock 25406710 284,538 14,100 14,100 14,100 DISNEY (WALT) Common Stock 25468710 15,545,752 1,026,800 1,026,800 1,026,800 DORAL FINANCIAL CORP Common Stock 25811P10 7,888,689 327,216 327,216 327,216 DUKE ENERGY CORP Common Stock 26439910 1,955,000 100,000 100,000 100,000 DUKE ENERGY CORP CNVPFD ConvPfdStock 26439958 6,837,570 418,200 418,200 418,200 E M C CORP MASS Common Stock 26864810 1,929,454 422,200 422,200 422,200 ENSCO INTL INC Common Stock 26874Q10 5,173,815 206,622 206,622 206,622 EOP OPERATING LP CNV BND REG Conv Bond P2 268766BR 9,750,344 9,275,000 9,275,000 9,275,000 E*TRADE GROUP INC CONV BD Conv Bond P2 269246AB 407,200 640,000 640,000 640,000 EAST WEST BANCORP INC Common Stock 27579R10 6,677,255 197,786 197,786 197,786 ECHOSTAR COMMUNICATIONS CNV BDConv Bond P2 278762AD 265,563 350,000 350,000 350,000 EDUCATION MANAGEMENT CORP Common Stock 28139T10 500,251 11,300 11,300 11,300 EL PASO ENER CAP TR CNVPFD ConvPfdStock 28367820 28,173,334 1,479,055 1,479,055 1,479,055 ELECTRONIC DATA SYSTEMS CORP Common Stock 28566110 5,799,701 414,857 414,857 414,857 ELECTRONIC DATA SYSTEMS CONV BConv Bond P1 285661AB 4,619,560 6,323,800 6,323,800 6,323,800 EMCORE CORP CNV BND REG Conv Bond P2 290846AB 2,559,938 6,150,000 6,150,000 6,150,000 ENERGY EAST CORPORATION Common Stock 29266M10 7,450,581 376,102 376,102 376,102 ENERGIZER HOLDINGS INC Common Stock 29266R10 3,257,543 107,156 107,156 107,156 ENTERGY Common Stock 29364G10 2,681,328 64,455 64,455 64,455 ENTRAVISION COMMUNICAT CL A Common Stock 29382R10 1,396,550 105,400 105,400 105,400 EQUITY OFFICE PROPERTIES TRUSTConvPfdStock 29474150 4,548,600 108,300 108,300 108,300 ESCO TECHNOLOGIES INC Common Stock 29631510 2,595,305 80,350 80,350 80,350 EXTREME NETWORKS INC CONV BD RConv Bond P2 30226DAB 4,723,344 7,225,000 7,225,000 7,225,000 ----------- ------------- -------------- -------------- COLUMN TOTALS 145,899,018 35,794,478 35,794,478 35,794,478 * ITEM 7: MANAGERS - 1 PAGE 9 OF 10-30-2002 FORM 13F PAGE 8 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - ------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- EXXON MOBIL CORPORATION Common Stock 30231G10 34,855,248 1,092,641 1,092,641 1,092,641 FLIR SYSTEMS INC Common Stock 30244510 5,191,221 148,363 148,363 148,363 FAIRCHILD SEMICON INTL -CL A Common Stock 30372610 1,183,750 125,000 125,000 125,000 FAIRCHILD SEMICONDUCTOR CONV BConv Bond P2 303727AJ 1,605,000 2,000,000 2,000,000 2,000,000 FANNIE MAE Common Stock 31358610 95,685,543 1,607,080 1,607,080 1,607,080 FEDERATED DEPT STORES Common Stock 31410H10 2,489,447 84,560 84,560 84,560 FEDEX CORPORATION Common Stock 31428X10 100,225,119 2,001,700 2,001,700 2,001,700 FELCOR LODGING TRUST INC Common Stock 31430F10 1,924,500 150,000 150,000 150,000 FELCOR LODGING CONV PRFD 144A ConvPfdStock 31430F20 516,000 24,000 24,000 24,000 FIBERMARK INC Common Stock 31564610 237,972 28,330 28,330 28,330 FIFTH THIRD BANCORP Common Stock 31677310 133,772,243 2,184,750 2,184,750 2,184,750 FIRST COMMUNITY BANCORP CA Common Stock 31983B10 902,928 31,200 31,200 31,200 FIRST DATA CORP Common Stock 31996310 71,546,410 2,559,800 2,559,800 2,559,800 FISERV INC Common Stock 33773810 3,202,524 114,050 114,050 114,050 FIRSTENERGY CORO Common Stock 33793210 15,980,868 534,656 534,656 534,656 FISHER SCIENTIFIC INTL Common Stock 33803220 2,343,020 77,200 77,200 77,200 FLEET BOSTON FINANCIAL CORP Common Stock 33903010 19,861,027 976,932 976,932 976,932 FLEMING COS INC Common Stock 33913010 138,700 27,740 27,740 27,740 FORD MOTOR CO CAP TR II CV PFConvPfdStock 34539520 33,227,163 824,700 824,700 824,700 FORTUNE BRANDS INC Common Stock 34963110 5,884,720 124,439 124,439 124,439 FRANKLIN RESOURCES INC CNV BNDConv Bond P2 354613AC 4,332,388 7,390,000 7,390,000 7,390,000 GALLAGHER (ARTHUR J.) & CO Common Stock 36357610 1,609,645 65,300 65,300 65,300 GANNETT CO Common Stock 36473010 72,356,841 1,002,450 1,002,450 1,002,450 GAP INC DEL Common Stock 36476010 40,096,175 3,695,500 3,695,500 3,695,500 GAP INC CNV BD REG Conv Bond P2 364760AJ 13,370,403 13,535,000 13,535,000 13,535,000 GATEWAY INC Common Stock 36762610 11,908,562 4,009,617 4,009,617 4,009,617 ----------- ------------- -------------- -------------- COLUMN TOTALS 674,447,417 44,415,008 44,415,008 44,415,008 * ITEM 7: MANAGERS - 1 PAGE 10 OF 10-30-2002 FORM 13F PAGE 9 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - --------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- GENERAL DYNAMICS Common Stock 36955010 134,934,603 1,659,100 1,659,100 1,659,100 GENERAL MTRS CORP Common Stock 37044210 30,966,579 796,056 796,056 796,056 GENESIS HEALTH VENT Common Stock 37183F10 19,506,941 1,188,208 1,188,208 1,188,208 GENESIS HEALTH VENT WTS Stock Warrant37183F11 3,659 368,713 368,713 368,713 GENESIS MICROCHIP INC Common Stock 37184C10 1,150,500 150,000 150,000 150,000 GENZYME CP GENERAL DIVISION Common Stock 37291710 1,442,700 70,000 70,000 70,000 GENZYME CORP CNV BND REG Conv Bond P2 372917AK 3,033,000 3,600,000 3,600,000 3,600,000 GETTY IMAGES INC CONV BOND REGConv Bond P2 374276AE 7,782,255 9,036,000 9,036,000 9,036,000 GLAXOSMITHKLINE PLC-ADR Common Stock 37733W10 619,876 16,130 16,130 16,130 GLENBOROUGH REALTY CNVPFD A ConvPrdStock 37803P20 1,430,000 65,000 65,000 65,000 GLOBAL IMAGING SYSTEMS INC Common Stock 37934A10 8,304,651 439,865 439,865 439,865 GLOBAL MARINE CONV BOND REG Conv Bond P2 379352AN 8,275,688 15,150,000 15,150,000 15,150,000 GOLDMAN SACHS GROUP INC Common Stock 38141G10 41,026,618 621,333 621,333 621,333 GREY WOLF INC Common Stock 39788810 328,122 91,145 91,145 91,145 GROUP 1 AUTOMOTIVE INC Common Stock 39890510 480,525 21,500 21,500 21,500 HCA INC Common Stock 40411910 143,269,440 3,009,230 3,009,230 3,009,230 HARLEY DAVIDSON INC Common Stock 41282210 249,701,730 5,375,710 5,375,710 5,375,710 HARMAN INTL INDS INC NEW Common Stock 41308610 11,121,075 214,900 214,900 214,900 HARRAH'S ENTERTAINMENT INC Common Stock 41361910 3,403,626 70,600 70,600 70,600 HARRIS CORP Common Stock 41387510 4,996,708 149,200 149,200 149,200 HARTFORD FINANCIAL SVCS GROUP Common Stock 41651510 46,657,795 1,137,995 1,137,995 1,137,995 HEALTH CARE PPTYS INVEST INC Common Stock 42191510 3,811,848 89,480 89,480 89,480 HEALTH MGMT ASSOC INC NE CLS ACommon Stock 42193310 4,664,754 230,700 230,700 230,700 HEALTHCARE REALTY TRUST INC Common Stock 42194610 4,021,261 129,301 129,301 129,301 HEARTLAND EXPRESS INC Common Stock 42234710 3,057,037 163,129 163,129 163,129 HEINZ (H.J) Common Stock 42307410 3,200,784 95,918 95,918 95,918 ----------- ------------- -------------- -------------- COLUMN TOTALS 737,191,775 43,939,213 43,939,213 43,939,213 * ITEM 7: MANAGERS - 1 PAGE 11 OF 10-30-2002 FORM 13F PAGE 10 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- HELIX TECHNOLOGY CORP Common Stock 42331910 797,592 82,652 82,652 82,652 HERLEY INDUSTRIES INC Common Stock 42739810 4,400,719 236,980 236,980 236,980 HIBERNIA CORP CL A Common Stock 42865610 1,527,296 76,403 76,403 76,403 HIGHWOODS PROPERTIES INC Common Stock 43128410 5,697,198 243,470 243,470 243,470 HOME DEPOT INC Common Stock 43707610 20,046,001 768,046 768,046 768,046 HOUSEHOLD INTL INC Common Stock 44181510 20,539,613 725,525 725,525 725,525 ICN PHARMACEUTICALS INC CNV BDConv Bond P2 448924AM 506,656 775,000 775,000 775,000 IDEXX LABORATORIES INC Common Stock 45168D10 3,277,393 105,900 105,900 105,900 ILLINOIS TOOL WORKS Common Stock 45230810 122,449,836 2,099,260 2,099,260 2,099,260 IMAGISTICS INTL INC Common Stock 45247T10 187,935 10,832 10,832 10,832 IMPERIAL CHEMICAL SPONS ADR Common Stock 45270450 3,181,373 242,298 242,298 242,298 INCYTE GENOMICS INC CNV BND Conv Bond P2 45337CAC 10,125,695 12,921,000 12,921,000 12,921,000 INSIGHT ENTERPRISES INC Common Stock 45765U10 1,477,667 145,583 145,583 145,583 INTEGRATED CIRCUIT SYSTEMS Common Stock 45811K20 6,031,422 384,167 384,167 384,167 INTERGRATED SILICON SOLUTIONS Common Stock 45812P10 1,112,014 373,159 373,159 373,159 INTEL CORP Common Stock 45814010 127,629,376 9,188,580 9,188,580 9,188,580 IBM Common Stock 45920010 75,617,691 1,296,822 1,296,822 1,296,822 INTERNATIONAL PAPER CO Common Stock 46014610 65,239,218 1,953,855 1,953,855 1,953,855 INTL PAPER CO CONV BD Conv Bond P1 460146BM 19,552,523 38,250,000 38,250,000 38,250,000 INTL RECTIFIER CORP CNV BND REConv Bond P2 460254AE 4,315,500 5,480,000 5,480,000 5,480,000 INTERPUBLIC GROUP COS Conv Bond P2 460690AF 8,250,821 6,900,000 6,900,000 6,900,000 INTERPUBLIC GROUP COS CNV BND Conv Bond P2 460690AQ 7,995,581 10,515,000 10,515,000 10,515,000 INTERSTATE BAKERIES Common Stock 46072H10 7,031,159 264,703 264,703 264,703 INTERWOVEN INC Common Stock 46114T10 582,320 290,000 290,000 290,000 INVISION TECHNOLOGIES INC Common Stock 46185110 473,748 14,800 14,800 14,800 INVITROGEN INC CONV BND REG Conv Bond P2 46185RAD 5,164,000 6,455,000 6,455,000 6,455,000 ----------- ------------- -------------- -------------- OLUMN TOTALS 523,210,347 99,799,035 99,799,035 99,799,035 * ITEM 7: MANAGERS - 1 PAGE 12 OF 10-30-2002 FORM 13F PAGE 11 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - --------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- INVESTORS FINANCIAL SVCS CP Common Stock 46191510 2,184,549 80,700 80,700 80,700 IVAX CORP Common Stock 46582310 629,451 51,300 51,300 51,300 IVAX CORP REG CNV BND REG Conv Bond P2 465823AG 11,799,688 15,250,000 15,250,000 15,250,000 JDA SOFTWARE GROUP INC Common Stock 46612K10 784,033 112,165 112,165 112,165 JP MORGAN CHASE & CO Common Stock 46625H10 1,469,370 77,376 77,376 77,376 JACOBS ENGINEERING GROUP INC Common Stock 46981410 524,960 17,000 17,000 17,000 CCU/JACOR COMM INC CNV BND Conv Bond P2 469858AB 13,043,040 27,173,000 27,173,000 27,173,000 JETBLUE AIRWAYS CORP Common Stock 47714310 548,488 13,600 13,600 13,600 JOHNSON & JOHNSON Common Stock 47816010 174,343,645 3,223,810 3,223,810 3,223,810 JOY GLOBAL INC-INCOMPLETE REORCommon Stock 48116510 8,925,139 1,075,318 1,075,318 1,075,318 JUNIPER NETWORKS CONV BOND REGConv Bond P2 48203RAA 61,159,692 86,012,000 86,012,000 86,012,000 KLA-TENCOR CORP Common Stock 48248010 36,419,790 1,303,500 1,303,500 1,303,500 KV PHARMACEUTICAL CO CL A Common Stock 48274020 2,067,055 109,368 109,368 109,368 KB HOME Common Stock 48666K10 3,091,572 63,300 63,300 63,300 KERR MCGEE CORP Common Stock 49238610 929,616 21,400 21,400 21,400 KEYSTONE AUTOMOTIVE INDS INC Common Stock 49338N10 902,550 54,700 54,700 54,700 KIMBERLY-CLARK CORP Common Stock 49436810 67,275,972 1,187,782 1,187,782 1,187,782 KNIGHT TRANSPORTATION INC Common Stock 49906410 3,390,361 218,733 218,733 218,733 KOHLS CORP Common Stock 50025510 172,686,718 2,839,775 2,839,775 2,839,775 KRAFT FOOD INC-A Common Stock 50075N10 25,139,607 689,512 689,512 689,512 KROGER CO Common Stock 50104410 25,315,901 1,795,454 1,795,454 1,795,454 KROLL INC Common Stock 50104910 4,899,120 247,056 247,056 247,056 KULICKE & SOFFA IND CNV Conv Bond P2 501242AE 314,844 775,000 775,000 775,000 LSI LOGIC CORP CONV BOND Conv Bond P2 502161AE 104,956,974 117,789,000 117,789,000 117,789,000 L-3 COMMUNICATIONS HLDGS INC Common Stock 50242410 5,501,880 104,400 104,400 104,400 LABORATORY CORP OF AMERICA HLDCommon Stock 50540R40 68,113,992 2,016,400 2,016,400 2,016,400 ----------- ------------- -------------- -------------- COLUMN TOTALS 796,418,007 262,301,649 262,301,649 262,301,649 * ITEM 7: MANAGERS - 1 PAGE 13 OF 10-30-2002 FORM 13F PAGE 12 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- LABORATORY CP CONV BND REG Conv Bond P2 50540RAC 16,759,508 23,855,000 23,855,000 23,855,000 LAM RESEARCH CORP CNV BND REG Conv Bond P2 512807AE 6,170,000 8,000,000 8,000,000 8,000,000 LAMAR ADVERTISING CONV BOND Conv Bond P2 512815AF 13,179,500 13,520,000 13,520,000 13,520,000 LATTICE SEMICONDUCTOR CNV BND Conv Bond P2 518415AC 6,900,984 8,905,000 8,905,000 8,905,000 LEGG MASON INC Common Stock 52490110 3,170,720 74,500 74,500 74,500 LEGG MASON INC CONV BD Conv Bond P2 524901AG 11,032,125 22,630,000 22,630,000 22,630,000 LEHMAN BROTHERS HOLDINGS INC Common Stock 52490810 5,405,162 110,197 110,197 110,197 LENNAR CORP Common Stock 52605710 1,338,720 24,000 24,000 24,000 VIACOM-LIBERTY MEDIA CONV BD RConv Bond P2 530715AR 15,763,726 16,775,000 16,775,000 16,775,000 LIFEPOINT HOSPITALS INC Common Stock 53219L10 4,303,438 137,986 137,986 137,986 LIMITED BRANDS INC Common Stock 53271610 1,471,284 102,600 102,600 102,600 LINCOLN NATIONAL CORP Common Stock 53418710 13,034,127 426,649 426,649 426,649 LINENS 'N THINGS INC Common Stock 53567910 3,070,895 167,169 167,169 167,169 LITHIA MOTORS INC CL A Common Stock 53679710 1,498,581 88,100 88,100 88,100 LIZ CLAIBORNE Common Stock 53932010 908,180 36,400 36,400 36,400 LLOYDS TSB GOUP PLC SP ADR Common Stock 53943910 1,473,175 48,700 48,700 48,700 LOCKHEED MARTIN CORP Common Stock 53983010 70,063,478 1,083,400 1,083,400 1,083,400 LOWES CORP CNV BND Conv Bond P2 540424AL 20,667,563 23,790,000 23,790,000 23,790,000 LOWES COS INC Common Stock 54866110 60,766,092 1,467,780 1,467,780 1,467,780 LUCENT TECHNOLOGIES INC Common Stock 54946310 77,801 102,370 102,370 102,370 M & T BANK CORPORATION Common Stock 55261F10 2,820,452 35,788 35,788 35,788 MBNA CORP Common Stock 55262L10 18,223,862 991,505 991,505 991,505 MDC HOLDINGS INC Common Stock 55267610 5,453,991 154,504 154,504 154,504 MACK-CALI REALTY CORP Common Stock 55448910 3,921,498 122,051 122,051 122,051 MANDALAY RESORT GROUP Common Stock 56256710 476,410 14,200 14,200 14,200 MANHATTAN ASSOCIATES INC Common Stock 56275010 2,201,813 162,856 162,856 162,856 ----------- ------------ -------------- -------------- COLUMN TOTALS 290,123,085 122,825,755 122,825,755 122,825,755 * ITEM 7: MANAGERS - 1 PAGE 14 OF 10-30-2002 FORM 13F PAGE 13 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - --------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - --------------------------------------------------------------------------------------------------------------------------- MANITOWOC COMPANY INC Common Stock 56357110 6,481,786 236,994 236,994 236,994 MANUGISTICS GP CNV BND REG Conv Bond P2 565011AB 2,519,200 6,016,000 6,016,000 6,016,000 MARSH & MCLENNAN COS Common Stock 57174810 84,627,387 2,032,358 2,032,358 2,032,358 MARSHALL & ILSLEY CORP Common Stock 57183410 1,468,548 52,655 52,655 52,655 MAVERICK TUBE CORP Common Stock 57791410 618,239 69,700 69,700 69,700 MCDERMOTT INTERNATIONAL Common Stock 58003710 919,500 150,000 150,000 150,000 MCDONALD'S CORP Common Stock 58013510 29,210,824 1,664,891 1,664,891 1,664,891 MCGRAW-HILL Common Stock 58064510 838,714 13,700 13,700 13,700 MEADWESTVACO CORP Common Stock 58333410 38,770,602 2,018,251 2,018,251 2,018,251 MEDIACOM COMMUNICATIONS CNV BNConv Bond P2 58446KAA 5,504,625 8,388,000 8,388,000 8,388,000 MEDICIS PHARMACEUTICALS-CL A Common Stock 58469030 5,077,444 124,234 124,234 124,234 MEDTRONIC INC Common Stock 58505510 59,591,797 1,414,810 1,414,810 1,414,810 MEDTRONIC INC CONV BND REG Conv Bond P2 585055AB 19,649,400 18,990,000 18,990,000 18,990,000 MERCK & CO INC Common Stock 58933110 21,020,932 459,876 459,876 459,876 MERITAGE CORPORATION Common Stock 59001A10 5,285,276 149,091 149,091 149,091 MERIX CORP Common Stock 59004910 1,091,350 133,908 133,908 133,908 MERRILL LYNCH Common Stock 59018810 30,741,164 932,964 932,964 932,964 MERRILL LYNCH & CO CONV BOND Conv Bond P1 590188A6 5,504,250 10,740,000 10,740,000 10,740,000 MERRILL LYNCH & CO CONV BD Conv Bond P4 590188A7 9,814,875 10,500,000 10,500,000 10,500,000 MICHAELS STORES INC Common Stock 59408710 13,093,278 286,505 286,505 286,505 MICROSOFT CORP Common Stock 59491810 200,644,259 4,587,203 4,587,203 4,587,203 MICRON TECHNOLOGY INC Common Stock 59511210 2,164,750 175,000 175,000 175,000 MID ATLANTIC MEDICAL SVCS Common Stock 59523C10 5,806,227 160,393 160,393 160,393 MISSION RESOURCES CORP Common Stock 60510910 108,100 115,000 115,000 115,000 MOORE CORP LTD Common Stock 61578510 980,000 100,000 100,000 100,000 MORGAN STANLEY Common Stock 61744644 66,187,189 1,953,577 1,953,577 1,953,577 ----------- ------------- -------------- -------------- COLUMN TOTALS 617,719,716 71,465,110 71,465,110 71,465,110 * ITEM 7: MANAGERS - 1 PAGE 15 OF 10-30-2002 FORM 13F PAGE 14 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- MOTOROLA INC Common Stock 62007610 45,491,152 4,468,679 4,468,679 4,468,679 MOVIE GALLERY INC Common Stock 62458110 4,748,398 316,349 316,349 316,349 NPS PHARMACEUTICALS INC Common Stock 62936P10 2,249,954 109,391 109,391 109,391 NABORS INDUSTRIES INC Conv Bond P2 629568AF 4,777,500 7,800,000 7,800,000 7,800,000 NASDAQ-100 SHARES Common Stock 63110010 4,351,200 210,000 210,000 210,000 NAVISTAR INTERNATIONAL Common Stock 63934E10 55,700,039 2,569,190 2,569,190 2,569,190 NETWORK ASSOC INC CNV BND Conv Bond P1 640938AB 475,000 1,000,000 1,000,000 1,000,000 NETWORK ASSOCIATES INC CNV BD Conv Bond P2 64123LAB 3,519,946 3,585,000 3,585,000 3,585,000 NEUROCRINE BIOSCIENCES INC Common Stock 64125C10 6,153,075 150,075 150,075 150,075 NEW YORK COMMUNITY BANCORP Common Stock 64944510 2,715,588 96,400 96,400 96,400 NEW YORK TIMES CO CLS A Common Stock 65011110 454,500 10,000 10,000 10,000 NEWS AMERICA INC CNV BND REG Conv Bond P2 652482AZ 13,940,989 29,583,000 29,583,000 29,583,000 NIKE B Common Stock 65410610 42,247,312 978,400 978,400 978,400 NORTEL NETWORKS CORP CNV BND RConv Bond P2 656568AB 668,598 2,000,000 2,000,000 2,000,000 NORTHERN BORDER PARTNERS-LP Common Stock 66478510 422,854 11,475 11,475 11,475 OCULAR SCIENCES INC Common Stock 67574410 7,461,815 319,427 319,427 319,427 ODYSSEY HEALTHCARE INC Common Stock 67611V10 4,829,977 161,268 161,268 161,268 OLIN CORP Common Stock 68066520 1,739,589 106,202 106,202 106,202 OMNICOM GROUP INC Common Stock 68191910 89,000,582 1,598,430 1,598,430 1,598,430 OMNICOM GROUP INC CNV BND REG Conv Bond P2 681919AK 15,351,428 15,530,000 15,530,000 15,530,000 OPENWAVE SYSTEMS INC Common Stock 68371810 124,000 200,000 200,000 200,000 ORACLE CORPORATION Common Stock 68389X10 41,485,434 5,278,045 5,278,045 5,278,045 O'REILLY AUTOMOTIVE INC. Common Stock 68609110 2,816,208 98,400 98,400 98,400 OWENS ILLINOIS INC Common Stock 69076840 9,640,282 851,615 851,615 851,615 OXFORD HEALTH PLANS Common Stock 69147110 4,703,952 120,800 120,800 120,800 PG & E CORPORATION Common Stock 69331C10 6,869,299 610,062 610,062 610,062 ----------- ------------- -------------- -------------- COLUMN TOTALS 371,938,671 77,762,208 77,762,208 77,762,208 * ITEM 7: MANAGERS - 1 PAGE 16 OF 10-30-2002 FORM 13F PAGE 15 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- P.F. CHANGS CHINA BISTRO INC Common Stock 69333Y10 4,779,093 164,626 164,626 164,626 PMC SIERRA INC CONV BD Conv Bond P2 69344FAB 22,075,734 30,550,000 30,550,000 30,550,000 PNC FINANCIAL SERVICES GROUP Common Stock 69347510 22,135,539 524,912 524,912 524,912 PPL CORPORATION Common Stock 69351T10 16,861,252 518,170 518,170 518,170 PANERA BREAD COMPANY-CL A Common Stock 69840W10 5,304,258 196,454 196,454 196,454 PARK PLACE ENTERTAINMENT Common Stock 70069010 3,149,019 396,103 396,103 396,103 PARKER DRILLING CO Common Stock 70108110 79,640 36,200 36,200 36,200 PARKER DRILLING CORP CONV BD Conv Bond P2 701081AD 12,077,156 12,088,000 12,088,000 12,088,000 PATTERSON DENTAL COMPANY Common Stock 70341210 13,139,442 256,730 256,730 256,730 PATTERSON-UTI ENERGY INC Common Stock 70348110 4,867,793 190,819 190,819 190,819 PAXSON COMMUNICATIONS CORP Common Stock 70423110 125,939 57,245 57,245 57,245 PAYLESS SHOESOURCE INC Common Stock 70437910 3,160,017 58,508 58,508 58,508 PENN NATIONAL GAMING INC Common Stock 70756910 7,839,939 415,251 415,251 415,251 JC PENNEY CO INC CONV BOND REGConv Bond P2 708160BV 8,492,000 9,650,000 9,650,000 9,650,000 PEPSICO Common Stock 71344810 73,537,890 1,990,200 1,990,200 1,990,200 PERFORMANCE FOOD GROUP CP Common Stock 71375510 9,400,943 276,824 276,824 276,824 PFIZER INC Common Stock 71708110 190,811,869 6,575,185 6,575,185 6,575,185 PHILIP MORRIS COS INC Common Stock 71815410 11,197,757 288,602 288,602 288,602 PHOENIX COMPANIES INC Common Stock 71902E10 8,259,481 606,423 606,423 606,423 PHOTON DYNAMICS INC Common Stock 71936410 3,970,593 213,129 213,129 213,129 PIER 1 IMPORTS INC Common Stock 72027910 8,159,519 427,872 427,872 427,872 PINNACLE ENTERTAINMENT INC Common Stock 72345610 736,315 100,865 100,865 100,865 PITNEY BOWES INC Common Stock 72447910 5,632,844 184,744 184,744 184,744 PLACER DOME INC Common Stock 72590610 9,517,386 1,042,430 1,042,430 1,042,430 PLANAR SYSTEMS INC Common Stock 72690010 4,004,128 251,200 251,200 251,200 PLEXUS CORP Common Stock 72913210 1,903,946 205,832 205,832 205,832 ----------- ------------ -------------- -------------- COLUMN TOTALS 451,219,492 67,266,324 67,266,324 67,266,324 * ITEM 7: MANAGERS - 1 PAGE 17 OF 10-30-2002 FORM 13F PAGE 16 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - ------------------------------------------------------------------------------------------------------------------------- POLYONE CORPORATION Common Stock 73179P10 1,822,059 212,114 212,114 212,114 PORTAL SOFTWARE Common Stock 73612610 4,296 17,900 17,900 17,900 PRAXAIR INC Common Stock 74005P10 41,746,648 816,800 816,800 816,800 PREMCOR INC Common Stock 74045Q10 1,205,714 76,846 76,846 76,846 PREMIERE TECHNOLOGIES CNV BD Conv Bond P2 74058FAC 24,349,184 28,495,000 28,495,000 28,495,000 PRIDE INTERNATIONAL INC Common Stock 74153Q10 275,665 21,205 21,205 21,205 PRIDE INTERNATIONAL INC CNV BNConv Bond P2 741932AB 21,730,771 45,045,000 45,045,000 45,045,000 PROCTER & GAMBLE Common Stock 74271810 10,792,099 120,744 120,744 120,744 PROQUEST COMPANY Common Stock 74346P10 7,817,917 257,592 257,592 257,592 PROVINCE HEALTHCARE CO Common Stock 74397710 7,369,835 429,728 429,728 429,728 PROVINCE HEALTHCARE CO CNV BNDConv Bond P2 743977AC 13,175,991 14,040,000 14,040,000 14,040,000 PROVIDIAN FINANCIAL CNV BND Conv Bond P2 74406AAA 20,812,410 30,335,000 30,335,000 30,335,000 PRUDENTIAL FINANCIAL INC Common Stock 74432010 49,278,367 1,725,433 1,725,433 1,725,433 QLOGIC CORP Common Stock 74727710 309,876 11,900 11,900 11,900 QUADRAMED CNV BD Conv Bond P2 74730WAC 17,954,721 25,320,000 25,320,000 25,320,000 QUEST DIAGNOSTICS INC Common Stock 74834L10 1,464,414 23,800 23,800 23,800 QUEST DIAGNOSTIC INC CONV BD Conv Bond P2 74834LAF 17,775,725 16,930,000 16,930,000 16,930,000 QUEST SOFTWARE INC Common Stock 74834T10 1,410,000 150,000 150,000 150,000 RF MICRO DEVICES INC CNV BND Conv Bond P2 749941AB 345,231 455,000 455,000 455,000 RACING CHAMPIONS ERTL CORP Common Stock 75006910 2,709,188 165,801 165,801 165,801 RADIO ONE INC - CL D Common Stock 75040P40 5,246,804 318,181 318,181 318,181 RARE HOSPITALITY INTL INC Common Stock 75382010 7,164,693 305,922 305,922 305,922 RATIONAL SOFTWARE CORP CNV BNDConv Bond P2 75409PAC 10,141,839 12,899,000 12,899,000 12,899,000 RAYMOND JAMES FINANCIAL INC Common Stock 75473010 3,477,981 128,481 128,481 128,481 RAYTHEON COMPANY Common Stock 75511150 42,950,518 1,465,888 1,465,888 1,465,888 ROSYLN BANCORP INC Common Stock 77816210 840,903 48,300 48,300 48,300 ----------- ------------- -------------- -------------- COLUMN TOTALS 312,172,849 179,815,635 179,815,635 179,815,635 * ITEM 7: MANAGERS - 1 PAGE 18 OF 10-30-2002 FORM 13F PAGE 17 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - ------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- RUBY TUESDAY INC Common Stock 78118210 5,197,309 276,747 276,747 276,747 RUDOLPH TECHNOLOGIES INC Common Stock 78127010 2,216,878 215,440 215,440 215,440 RURAL CELLULAR CORP-CL A Common Stock 78190410 21,930 25,500 25,500 25,500 RYLAND GROUP INC Common Stock 78376410 4,354,874 117,161 117,161 117,161 SBC COMMUNICATIONS (SOUTHWESTECommon Stock 78387G10 47,172,750 2,346,903 2,346,903 2,346,903 SCI SYSTEMS INC CONV BOND Conv Bond P2 783890AF 1,050,000 1,750,000 1,750,000 1,750,000 S & P 500 DEPOSITORY RECEIPT Common Stock 78462F10 10,469,120 128,000 128,000 128,000 SPX CORP Common Stock 78463510 2,320,700 23,000 23,000 23,000 SPX CORP CNV BND REG Conv Bond P2 784635AD 6,325,654 9,368,000 9,368,000 9,368,000 S3 INCORPORATED CNV BND Conv Bond P2 784849AC 270,425 1,865,000 1,865,000 1,865,000 SAFEWAY INC Common Stock 78651420 16,500,777 739,990 739,990 739,990 THE ST JOE COMPANY Common Stock 79014810 585,120 21,200 21,200 21,200 SALEM COMMUNICATIONS CL A Common Stock 79409310 1,710,646 76,300 76,300 76,300 SALTON INC Common Stock 79575710 107,056 12,580 12,580 12,580 HENRY SCHEIN INC Common Stock 80640710 13,096,928 248,283 248,283 248,283 SCHERING-PLOUGH Common Stock 80660510 4,448,034 208,723 208,723 208,723 SCIENTIFIC GAMES CORP-A Common Stock 80874P10 2,256,227 336,700 336,700 336,700 SEARS ROEBUCK & CO Common Stock 81238710 42,258,645 1,083,555 1,083,555 1,083,555 SEMTECH CORP Common Stock 81685010 1,593,594 164,288 164,288 164,288 SHAW GROUP INC CONV BD REG Conv Bond P1 820280AC 14,272,699 25,840,000 25,840,000 25,840,000 SIEBEL SYSTEMS CNV BND REG Conv Bond P2 826170AC 7,634,350 8,530,000 8,530,000 8,530,000 SIX FLAGS INC Common Stock 83001P10 429,986 122,155 122,155 122,155 SMITH & WOLENSKY RESTAURANT Common Stock 83175810 1,821,561 441,056 441,056 441,056 SMURFIT-STONE CONTAINER CORP Common Stock 83272710 31,892,617 2,537,201 2,537,201 2,537,201 SONIC CORP Common Stock 83545110 831,600 36,000 36,000 36,000 SONIC AUTOMOTIVE INC Common Stock 83545G10 669,060 37,800 37,800 37,800 ----------- ----------- -------------- -------------- COLUMN TOTALS 219,508,540 56,605,865 56,605,865 56,605,865 * ITEM 7: MANAGERS - 1 PAGE 19 OF 10-30-2002 FORM 13F PAGE 18 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- SOUTHTRUST CORP Common Stock 84473010 4,614,556 190,291 190,291 190,291 SOUTHWEST BANCORP OF TEXAS Common Stock 84476R10 8,222,033 225,818 225,818 225,818 SOVEREIGN BANCORP INC Common Stock 84590510 2,872,392 222,666 222,666 222,666 STERICYCLE INC Common Stock 85891210 464,704 13,700 13,700 13,700 STEWART ENTERPRISES INC CLS A Common Stock 86037010 362,355 71,050 71,050 71,050 SUNGARD DATA SYSTEMS INC Common Stock 86736310 26,714,575 1,373,500 1,373,500 1,373,500 SUNOCO INC Common Stock 86764P10 4,509,553 149,521 149,521 149,521 SUPERVALU INC. CNV BND REG Conv Bond P1 868536AP 17,059,785 61,210,000 61,210,000 61,210,000 SYNAPTICS INC Common Stock 87157D10 850,408 176,800 176,800 176,800 SYNOVUS FINL CORP Common Stock 87161C10 677,367 32,850 32,850 32,850 SYSCO Common Stock 87182910 95,188,831 3,352,900 3,352,900 3,352,900 THQ INC Common Stock 87244340 336,960 16,200 16,200 16,200 TJX COMPANIES INC Common Stock 87254010 79,510,870 4,677,110 4,677,110 4,677,110 TXU CORPORATION Common Stock 87316810 5,570,329 133,549 133,549 133,549 TAIWAN SEMICONDUCTOR - SP ADR Common Stock 87403910 952,500 150,000 150,000 150,000 TARGET CORP Common Stock 87612E10 98,329,644 3,330,950 3,330,950 3,330,950 TECH DATA CORP Common Stock 87823710 2,473,680 93,700 93,700 93,700 TECHNE CORP Common Stock 87837710 6,553,475 199,826 199,826 199,826 TEKELEC INC CONV BOND REG Conv Bond P2 879101AC 5,329,013 6,030,000 6,030,000 6,030,000 TELLABS INC Common Stock 87966410 6,784,242 1,666,890 1,666,890 1,666,890 TEMPLE INLAND INC Common Stock 87986810 17,594,072 455,451 455,451 455,451 TENET HEALTHCARE CORP Common Stock 88033G10 163,783,62 3,308,760 3,308,760 3,308,760 TESORO PETROLEUM CORP Common Stock 88160910 128,520 45,900 45,900 45,900 TEVA PHAMACEUT FIN NV CONV BD Conv Bond P2 88163XAB 34,110,959 32,685,000 32,685,000 32,685,000 TEXAS INSTRS INC Common Stock 88250810 65,124,992 4,409,275 4,409,275 4,409,275 THERMO INS SYS CONV BOND Conv Bond P2 883556AH 16,163,750 16,750,000 16,750,000 16,750,000 ----------- ------------- -------------- -------------- COLUMN TOTALS 664,283,186 140,971,707 140,971,707 140,971,707 * ITEM 7: MANAGERS - 1 PAGE 20 OF 10-30-2002 FORM 13F PAGE 19 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- TORO CO Common Stock 89109210 3,580,313 63,650 63,650 63,650 TOWER AUTOMOTIVE INC CNV BND RConv Bond P2 891707AE 2,228,125 2,500,000 2,500,000 2,500,000 TRANSOCEAN SEDCO FOREX CV BONDConv Bond P2 893830AD 11,648,000 12,800,000 12,800,000 12,800,000 TRIAD HOSPITALS INC Common Stock 89579K10 1,134,705 29,900 29,900 29,900 AOL/TRIBUNE ConvPfdStocK 89604730 9,501,155 142,480 142,480 142,480 TRIMERIS INC Common Stock 89626310 2,037,335 45,629 45,629 45,629 TYCO INTL GROUP SA CONV BD Conv Bond P1 902118AW 8,431,075 11,510,000 11,510,000 11,510,000 UCBH HOLDINGS INC Common Stock 90262T30 9,170,247 233,399 233,399 233,399 USF&G CORP CONV BND Conv Bond P2 903290AD 6,396,250 8,500,000 8,500,000 8,500,000 UNILEVER NV Common Stock 90478470 4,518,200 76,000 76,000 76,000 UNISYS CORP Common Stock 90921410 1,370,446 195,778 195,778 195,778 UNITED DEFENSE INDS INC Common Stock 91018B10 641,920 27,200 27,200 27,200 UNITED TECHNOLOGIES CORP Common Stock 91301710 160,677,332 2,844,350 2,844,350 2,844,350 UNITEDHEALTH GROUP Common Stock 91324P10 287,220,257 3,293,055 3,293,055 3,293,055 UNIVERSAL HEALTH SVCS INC CL BCommon Stock 91390310 1,442,430 28,200 28,200 28,200 UNIVERSAL HEALTH SERV CNV BND Conv Bond P2 913903AL 2,331,875 3,500,000 3,500,000 3,500,000 UNOCAL CORP Common Stock 91528910 63,539,607 2,024,199 2,024,199 2,024,199 VEECO INSTRUMENTS INC Common Stock 92241710 872,640 80,800 80,800 80,800 VERITAS SOFTWARE CONV BOND Conv Bond P2 92343RAA 15,661,939 19,100,000 19,100,000 19,100,000 VERIZON COMMUNICATIONS Common Stock 92343V10 59,898,556 2,182,892 2,182,892 2,182,892 VERIZON GLOBAL FDG CORP CNV BNConv Bond P1 92344GAN 18,412,425 33,630,000 33,630,000 33,630,000 VERTEX PHARMACEUTICALS CONV BDConv Bond P2 92532FAD 30,902,701 39,330,000 39,330,000 39,330,000 VIACOM INC-CL B Common Stock 92552430 52,680,046 1,299,138 1,299,138 1,299,138 VIASYS HEALTHCARE INC Common Stock 92553Q20 1,155,000 75,000 75,000 75,000 VISHAY INTERTECHNOLOGY I Common Stock 92829810 760,320 86,400 86,400 86,400 VITESSE SEMICONDUCTOR CNV Conv Bond P2 928497AB 26,597,506 36,301,000 36,301,000 36,301,000 ----------- ------------ -------------- -------------- COLUMN TOTALS 782,810,405 179,899,570 179,899,570 179,899,570 * ITEM 7: MANAGERS - 1 PAGE 21 OF 10-30-2002 FORM 13F PAGE 20 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- VITRIA TECHNOLOGY INC Common Stock 92849Q10 11,700 15,000 15,000 15,000 WAL MART STORES INC Common Stock 93114210 143,022,504 2,904,600 2,904,600 2,904,600 WALGREEN Common Stock 93142210 131,281,219 4,267,920 4,267,920 4,267,920 WASHINGTON MUTUAL SAVINGS BANKCommon Stock 93932210 51,608,157 1,639,916 1,639,916 1,639,916 WASTE CONNECTIONS INC Common Stock 94105310 8,054,790 231,526 231,526 231,526 WATSON PHARMACEUTICALS INC Common Stock 94268310 44,354,104 1,809,633 1,809,633 1,809,633 WEATHERFORD INTL INC CNV BND Conv Bond P2 947074AB 4,706,250 7,500,000 7,500,000 7,500,000 WEIGHT WATCHERS INTL Common Stock 94862610 1,300,800 30,000 30,000 30,000 WELLPOINT HEALTH NETWORKS Common Stock 94973H10 89,755,850 1,224,500 1,224,500 1,224,500 WENDYS INTL INC Common Stock 95059010 1,873,562 56,586 56,586 56,586 WERNER ENTERPRISES INC Common Stock 95075510 3,564,378 193,927 193,927 193,927 WILLIAMS-SONOMA INC Common Stock 96990410 6,632,681 280,689 280,689 280,689 WINTRUST FINANCIAL CORP Common Stock 97650W10 6,549,018 228,587 228,587 228,587 QUEBECOR WORLD INC CNV BND Conv Bond P2 981443AA 7,581,341 7,281,000 7,281,000 7,281,000 WORLDCOM INC-WORLDCOM GROUP Common Stock 98157D10 100 10,000 10,000 10,000 XL CAPITAL LTD CONV BOND Conv Bond P1 98372PAB 24,124,219 38,955,000 38,955,000 38,955,000 YOUNG & RUBICAM INC CNV BND Conv Bond P2 987425AC 13,537,500 15,000,000 15,000,000 15,000,000 YOUNG BROADCASTING INC-A Common Stock 98743410 158,878 18,325 18,325 18,325 YUM! BRANDS INC Common Stock 98849810 6,280,388 226,647 226,647 226,647 ACCENTURE LTD Common Stock G1150G11 1,071,000 75,000 75,000 75,000 COOPER INDUSTRIES CL A Common Stock G2418210 53,889,369 1,775,597 1,775,597 1,775,597 GLOBALSANTAFE CORP Common Stock G3930E10 1,994,045 89,219 89,219 89,219 INGERSOLL-RAND CO CLASS A Common Stock G4776G10 1,525,899 44,306 44,306 44,306 RENAISSANCERE HOLDINGS LTD Common Stock G7496G10 9,096,469 240,711 240,711 240,711 SCOTTISH ANNUITY & LIFE HLDG Common Stock G7885T10 4,891,645 286,900 286,900 286,900 WILLIS GROUP HOLDINGS LTD Common Stock G9665510 4,352,026 129,950 129,950 129,950 ----------- ----------- -------------- -------------- COLUMN TOTALS 621,220,725 84,515,711 84,515,711 84,515,711 * ITEM 7: MANAGERS - 1 PAGE 22 OF 10-30-2002 FORM 13F PAGE 21 FILE NO. 28-46 REPORTING MANAGER : MACKAY-SHIELDS FINANCIAL 9/30/2002 - -------------------------------------------------------------------------------------------------------------------------- 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 AUTHORITY OF NUMBER MARKET PRINCIPAL SHARED GERS CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE (A) (B) (C) (A) (B) (C) - -------------------------------------------------------------------------------------------------------------------------- UBS AG-REGISTERED Common Stock H8920M85 1,173,625 28,625 28,625 28,625 PRECISE SOFTWARE SOLUTIONS Common Stock M4145010 3,627,085 395,970 395,970 395,970 ASM INTERNATIONAL N.V Common Stock N0704510 1,817,466 200,825 200,825 200,825 ORTHOFIX INTERNATIONAL NV Common Stock N6748L10 1,453,501 54,932 54,932 54,932 ASE TEST LIMITED Common Stock Y0251610 1,468,480 416,000 416,000 416,000 ---------- ------------- -------------- -------------- COLUMN TOTALS 9,540,157 1,096,352 1,096,352 1,096,352 ---------- ------------- -------------- -------------- REPORT TOTALS 10,292,294,146 2,135,313,055 2,135,313,055 2,135,313,055 ============== ============== =============== =============== * ITEM 7: MANAGERS - 1 PAGE 23 OF
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