0001085146-13-000793.txt : 20130424 0001085146-13-000793.hdr.sgml : 20130424 20130424171400 ACCESSION NUMBER: 0001085146-13-000793 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130424 DATE AS OF CHANGE: 20130424 EFFECTIVENESS DATE: 20130424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACKAY SHIELDS LLC CENTRAL INDEX KEY: 0000061227 IRS NUMBER: 134080466 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00046 FILM NUMBER: 13780057 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-758-5400 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: MACKAY SHIELDS FINANCIAL CORP DATE OF NAME CHANGE: 19920929 13F-HR 1 mackay1q2013.txt MACKAY SHIELDS LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2013 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: MacKay Shields LLC Address: 1345 Avenue of the Americas, 43rd Floor New York, NY 10105 13F File Number: 028-00046 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Rene A. Bustamante Title: Chief Compliance Officer Phone: (212) 230-3811 Signature, Place, and Date of Signing: /s/ Rene A. Bustamante New York, NY April 24, 2013 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 5 Form 13F Information Table Entry Total: 124 Form 13F Information Table Value Total: $1,923,934 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 01 028-06325 New York Life Investment Management LLC 02 028-02682 UBS Global Asset Management (Americas) Inc 03 028-12567 Mercer Global Investments, Inc. 04 028-06487 First Trust Advisors L.P. 05 028-14465 Mercer Trust Company FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AFFILIATED MANAGERS GROUP NOTE 3.950% 8/1 008252AL2 8861 7117000 PRN SOLE 7117000 0 0 AIRTRAN HLDGS INC NOTE 5.250%11/0 00949PAD0 13231 9177000 PRN OTHER 01 8489000 688000 0 AKORN INC NOTE 3.500% 6/0 009728AB2 13019 7512000 PRN OTHER 01 2112000 5400000 0 ALCOA INC NOTE 5.250% 3/1 013817AT8 1671 1206000 PRN OTHER 01 1090000 116000 0 ALLEGHENY TECHNOLOGIES INC NOTE 4.250% 6/0 01741RAD4 29660 27560000 PRN OTHER 01 15833000 11450000 277000 ALPHA NATURAL RESOURCES INC NOTE 2.375% 4/1 02076XAA0 354 371000 PRN OTHER 01 0 371000 0 ALZA CORP SDCV 7/2 02261WAB5 8518 7605000 PRN SOLE 7605000 0 0 APACHE CORP PFD CONV SER D 037411808 55770 1252138 SH OTHER 01 448251 792422 11465 APOLLO INVT CORP NOTE 5.750% 1/1 03761UAE6 321 302000 PRN OTHER 01 302000 0 0 APOLLO INVT CORP NOTE 5.750% 1/1 03761UAE6 13757 12887000 PRN SOLE 12887000 0 0 ARCHER DANIELS MIDLAND CO NOTE 0.875% 2/1 039483AW2 3041 3007000 PRN SOLE 3007000 0 0 ARES CAP CORP NOTE 5.750% 2/0 04010LAB9 310 286000 PRN OTHER 01 286000 0 0 ARES CAP CORP NOTE 5.750% 2/0 04010LAB9 5270 4840000 PRN SOLE 4840000 0 0 ARES CAP CORP NOTE 4.875% 3/1 04010LAG8 18194 17184000 PRN OTHER 01 6184000 11000000 0 BAKER HUGHES INC COM 057224107 9328 201000 SH OTHER 01 1100 199900 0 BANK OF AMERICA CORPORATION 7.25%CNV PFD L 060505682 18580 15220 SH OTHER 01 13424 1202 594 BIOMARIN PHARMACEUTICAL INC NOTE 1.875% 4/2 09061GAD3 28737 9300000 PRN OTHER 01 4242000 4906000 152000 BLACKROCK FLA MUN 2020 TERM COM SHS 09250M109 835 53100 SH SOLE 53100 0 0 BLACKROCK MUNIYIELD CALI QLT COM 09254N103 1100 67820 SH OTHER 01 54254 13566 0 BOSTON PPTYS LTD PARTNERSHIP NOTE 3.750% 5/1 10112RAG9 443 430000 PRN OTHER 01 430000 0 0 BOSTON PPTYS LTD PARTNERSHIP NOTE 3.750% 5/1 10112RAG9 11356 10992000 PRN SOLE 10992000 0 0 BOTTOMLINE TECH DEL INC NOTE 1.500%12/0 101388AA4 13353 11413000 PRN OTHER 01 1272000 10141000 0 CHART INDS INC NOTE 2.000% 8/0 16115QAC4 34748 25591000 PRN OTHER 01 9697000 15598000 296000 CHESAPEAKE ENERGY CORP NOTE 2.500% 5/1 165167BZ9 193 200000 PRN SOLE 200000 0 0 CIENA CORP NOTE 0.875% 6/1 171779AE1 2771 3064000 PRN OTHER 01 2880000 7000 177000 CIENA CORP DEBT 4.000%12/1 171779AK7 18227 15173000 PRN OTHER 01 2552000 12621000 0 CIT GROUP INC COM NEW 125581801 9044 208001 SH OTHER 01 02 03 05 117278 90723 0 CITIGROUP INC COM NEW 172967424 31707 716699 SH OTHER 01 04 05 141612 575087 0 COMTECH TELECOMMUNICATIONS C NOTE 3.000% 5/0 205826AF7 8018 7813000 PRN OTHER 01 2935000 4711000 167000 CONTINENTAL AIRLS INC NOTE 4.500% 1/1 210795PU8 26178 14594000 PRN OTHER 01 4197000 10397000 0 COVANTA HLDG CORP NOTE 3.250% 6/0 22282EAC6 36894 28540000 PRN OTHER 01 10400000 17856000 284000 DANAHER CORP DEL NOTE 1/2 235851AF9 54008 29873000 PRN OTHER 01 14448000 15123000 302000 DYNEGY INC NEW DEL COM 26817R108 315 13120 SH OTHER 01 0 13120 0 E M C CORP MASS NOTE 1.750%12/0 268648AM4 46981 31467000 PRN OTHER 01 15900000 15261000 306000 ENSCO PLC SHS CLASS A G3157S106 2820 47000 SH OTHER 01 0 47000 0 FORD MTR CO DEL COM PAR $0.01 345370860 26425 2009500 SH OTHER 01 04 325000 1684500 0 FORD MTR CO DEL NOTE 4.250%11/1 345370CN8 23681 14740000 PRN OTHER 01 6102000 8477000 161000 GENCORP INC SDCV 4.062%12/3 368682AN0 5023 3215000 PRN OTHER 01 0 3215000 0 GENERAL MTRS CO COM 37045V100 34704 1247462 SH OTHER 01 02 03 04 863587 383875 0 GENERAL MTRS CO JR PFD CNV SRB 37045V209 25751 599706 SH OTHER 01 196667 399721 3318 GILEAD SCIENCES INC NOTE 1.000% 5/0 375558AN3 74723 34429000 PRN OTHER 01 16562000 17431000 436000 GOLDCORP INC NEW COM 380956409 33630 1000000 SH OTHER 01 42800 957200 0 GOODYEAR TIRE & RUBR CO PFD CONV 5.875% 382550309 12994 298636 SH OTHER 01 121916 172168 4552 HALLIBURTON CO COM 406216101 7882 195042 SH OTHER 01 8324 186718 0 HARTFORD FINL SVCS GROUP INC DEP CONV PFD 416515708 385 16200 SH SOLE 16200 0 0 HARTFORD FINL SVCS GROUP INC DEP CONV PFD 416515708 2509 105663 SH OTHER 01 99435 216 6012 HELIX ENERGY SOLUTIONS GRP I NOTE 3.250% 3/1 42330PAG2 21850 17755000 PRN OTHER 01 4890000 12865000 0 HERTZ GLOBAL HOLDINGS INC NOTE 5.250% 6/0 42805TAA3 14967 5519000 PRN OTHER 01 1661000 3858000 0 HOLOGIC INC DEBT 2.000% 3/0 436440AC5 20622 19653000 PRN OTHER 01 6081000 13248000 324000 HORNBECK OFFSHORE SVCS INC N FRNT 1.625%11/1 440543AE6 2919 2714000 PRN OTHER 01 2551000 6000 157000 ICAHN ENTERPRISES LP/CORP FRNT 8/1 451102AB3 85331 85118000 PRN OTHER 01 31858000 53260000 0 INSULET CORP NOTE 3.750% 6/1 45784PAC5 14519 12239000 PRN OTHER 01 1597000 10642000 0 INTEL CORP SDCV 2.950%12/1 458140AD2 7679 7219000 PRN SOLE 7219000 0 0 INTEL CORP SDCV 2.950%12/1 458140AD2 2552 2405000 PRN OTHER 01 2251000 6000 148000 INTEL CORP SDCV 3.250% 8/0 458140AF7 25826 21425000 PRN OTHER 01 11346000 9929000 150000 INTERNATIONAL GAME TECHNOLOG NOTE 3.250% 5/0 459902AQ5 23161 21438000 PRN OTHER 01 9736000 11420000 282000 ION GEOPHYSICAL CORP COM 462044108 6068 891000 SH OTHER 01 0 891000 0 JANUS CAP GROUP INC NOTE 3.250% 7/1 47102XAG0 10521 9984000 PRN OTHER 01 6695000 3289000 0 KB HOME NOTE 1.375% 2/0 48666KAS8 10492 9500000 PRN OTHER 01 674000 8826000 0 LAM RESEARCH CORP NOTE 0.500% 5/1 512807AJ7 13638 13354000 PRN SOLE 13354000 0 0 LAM RESEARCH CORP NOTE 1.250% 5/1 512807AL2 2566 2394000 PRN SOLE 2394000 0 0 LEAR CORP COM NEW 521865204 994 18117 SH OTHER 01 5808 12309 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 4218 66640 SH OTHER 01 28552 38088 0 MEDIVATION INC NOTE 2.625% 4/0 58501NAA9 15289 12380000 PRN OTHER 01 120000 12260000 0 MEDTRONIC INC NOTE 1.625% 4/1 585055AM8 2777 2777000 PRN OTHER 01 2609000 6000 162000 MERCK & CO INC NEW COM 58933Y105 10595 239532 SH OTHER 01 9662 229870 0 METLIFE INC UNIT 99/99/9999 59156R116 44871 908349 SH OTHER 01 408634 491805 7910 METROPCS COMMUNICATIONS INC COM 591708102 72389 6641214 SH OTHER 01 407400 6233814 0 MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 14319 13165000 PRN OTHER 01 3660000 9346000 159000 MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 32510 22822000 PRN OTHER 01 7316000 15361000 145000 MOLSON COORS BREWING CO NOTE 2.500% 7/3 60871RAA8 4715 4569000 PRN OTHER 01 4337000 10000 222000 MOLSON COORS BREWING CO NOTE 2.500% 7/3 60871RAA8 1125 1089000 PRN SOLE 1089000 0 0 MYLAN INC NOTE 3.750% 9/1 628530AJ6 27465 12374000 PRN OTHER 01 5141000 7116000 117000 NEWMONT MINING CORP NOTE 1.250% 7/1 651639AH9 2910 2597000 PRN OTHER 01 2451000 5000 141000 NEWMONT MINING CORP NOTE 1.250% 7/1 651639AH9 312 278000 PRN SOLE 278000 0 0 NEWMONT MINING CORP NOTE 1.625% 7/1 651639AJ5 8040 6540000 PRN SOLE 6540000 0 0 NEWPARK RES INC NOTE 4.000%10/0 651718AC2 2845 2425000 PRN OTHER 01 2268000 6000 151000 NEXTERA ENERGY INC UNIT 09/01/2015 65339F887 503 9216 SH OTHER 01 9216 0 0 NOVELLUS SYS INC NOTE 2.625% 5/1 670008AD3 15903 11645000 PRN OTHER 01 3576000 8069000 0 NUANCE COMMUNICATIONS INC DBCV 2.750% 8/1 67020YAB6 3606 2966000 PRN OTHER 01 2779000 51000 136000 NUANCE COMMUNICATIONS INC NOTE 2.750%11/0 67020YAF7 13189 12705000 PRN OTHER 01 1894000 10811000 0 NUVEEN CA MUN MKT OPPORTUNT COM 67062U107 196 12355 SH OTHER 01 9386 2969 0 NUVEEN MICH QUALITY INCOME M COM 670979103 1811 119553 SH OTHER 01 95050 24503 0 NUVEEN NY AMT-FREE MUN INCOM COM 670656107 246 17036 SH OTHER 01 0 17036 0 NUVEEN PA INVT QUALITY MUN F COM 670972108 1233 82233 SH OTHER 01 75027 7206 0 NUVEEN PA PREM INCOME MUN FD COM 67061F101 1595 110423 SH OTHER 01 90423 20000 0 OMNICARE CAP TR II PFD B TR 4.00% 68214Q200 12101 234970 SH OTHER 01 17420 217550 0 OMNICARE INC NOTE 3.750%12/1 681904AN8 23163 14312000 PRN OTHER 01 6738000 7309000 265000 OMNICOM GROUP INC NOTE 7/0 682134AA9 25743 21724000 PRN OTHER 01 21185000 236000 303000 ON SEMICONDUCTOR CORP NOTE 2.625%12/1 682189AH8 18822 16562000 PRN OTHER 01 9078000 7176000 308000 PEABODY ENERGY CORP SDCV 4.750%12/1 704549AG9 32770 40006000 PRN OTHER 01 16312000 23263000 431000 PPL CORP UNIT 99/99/9999 69351T601 14235 259546 SH OTHER 01 93053 160808 5685 PRICELINE COM INC DEBT 1.000% 3/1 741503AQ9 15525 14027000 PRN OTHER 01 13190000 837000 0 QUANTUM CORP NOTE 3.500%11/1 747906AG0 2367 2575000 PRN OTHER 01 0 2575000 0 RADIAN GROUP INC NOTE 2.250% 3/0 750236AN1 8470 7000000 PRN OTHER 01 402000 6598000 0 RTI INTL METALS INC NOTE 3.000%12/0 74973WAA5 8001 6886000 PRN OTHER 01 536000 6350000 0 SALIX PHARMACEUTICALS INC NOTE 2.750% 5/1 795435AC0 25080 19383000 PRN OTHER 01 4076000 15042000 265000 SANDISK CORP NOTE 1.500% 8/1 80004CAD3 13222 10231000 PRN OTHER 01 4719000 5353000 159000 SBA COMMUNICATIONS CORP NOTE 4.000%10/0 78388JAM8 26945 11283000 PRN OTHER 01 4752000 6365000 166000 SBA COMMUNICATIONS CORP NOTE 1.875% 5/0 78388JAN6 6603 3814000 PRN OTHER 01 1224000 2590000 0 SCHLUMBERGER LTD COM 806857108 1648 22000 SH OTHER 01 0 22000 0 SOTHEBYS NOTE 3.125% 6/1 835898AC1 8423 7500000 PRN OTHER 01 0 7500000 0 SPDR SERIES TRUST NUV HGHYLD MUN 78464A284 1053 18000 SH OTHER 01 0 18000 0 STANLEY BLACK & DECKER INC UNIT 99/99/9999 854502309 49773 393185 SH OTHER 01 168246 222016 2923 STEEL DYNAMICS INC NOTE 5.125% 6/1 858119AP5 7486 6661000 PRN OTHER 01 6119000 268000 274000 SYMANTEC CORP COM 871503108 5262 213200 SH OTHER 01 0 213200 0 SYMANTEC CORP NOTE 1.000% 6/1 871503AF5 5215 4041000 PRN OTHER 01 3344000 551000 146000 TELEFLEX INC NOTE 3.875% 8/0 879369AA4 39674 27343000 PRN OTHER 01 11118000 15934000 291000 TEVA PHARMACEUTICAL FIN LLC DBCV 0.250% 2/0 88163VAE9 46701 44743000 PRN OTHER 01 20543000 23971000 229000 TEXTRON INC NOTE 4.500% 5/0 883203BN0 10251 4526000 PRN OTHER 01 279000 4247000 0 TIBCO SOFTWARE INC COM 88632Q103 3679 181948 SH OTHER 01 0 181948 0 TIDEWATER INC COM 886423102 2535 50200 SH OTHER 01 600 49600 0 TTM TECHNOLOGIES INC NOTE 3.250% 5/1 87305RAC3 8517 8530000 PRN OTHER 01 7349000 857000 324000 U S CONCRETE INC COM NEW 90333L201 19056 1379903 SH OTHER 01 02 03 05 1090367 289536 0 UNITED STATES STL CORP NEW NOTE 4.000% 5/1 912909AE8 1522 1456000 PRN OTHER 01 1084000 372000 0 UNITED TECHNOLOGIES CORP UNIT 99/99/9999 913017117 42737 713560 SH OTHER 01 304571 402926 6063 VERISIGN INC SDCV 3.250% 8/1 92343EAD4 25324 17047000 PRN OTHER 01 7756000 9010000 281000 VOLCANO CORPORATION NOTE 1.750%12/0 928645AB6 5452 5535000 PRN OTHER 01 5198000 13000 324000 WABASH NATL CORP NOTE 3.375% 5/0 929566AH0 27447 22622000 PRN OTHER 01 7612000 14710000 300000 WALTER INVT MGMT CORP NOTE 4.500%11/0 93317WAA0 2184 2025000 PRN OTHER 01 135000 1890000 0 WELLS FARGO & CO NEW PERP PFD CNV A 949746804 15364 11922 SH OTHER 01 10608 1206 108 WESCO INTL INC DBCV 6.000% 9/1 95082PAH8 14405 5478000 PRN OTHER 01 2912000 2417000 149000 XILINX INC NOTE 2.625% 6/1 983919AF8 15519 10921000 PRN OTHER 01 8342000 2309000 270000 XPO LOGISTICS INC NOTE 4.500%10/0 983793AA8 9973 8414000 PRN OTHER 01 2941000 5309000 164000