Mackay Shields Llc Q2 2026 Portfolio Activity: Significant New Position in Warner Bros Discovery Inc
Mackay Shields Llc's portfolio saw notable changes this quarter, including a significant increase in holdings of WBD and adjustments across various municharge funds.
As of June 30th, 2026, Mackay Shields Llc has reported activity within its investment portfolio covering the period ending Q2. The fund's total value stands at $299,275,478.
The most prominent change during this quarter was a substantial increase in holdings of Warner Bros Discovery Inc (WBD). The fund acquired an additional 131,810 shares, representing a significant +58.26% change from the previous period.
In addition to this major purchase, Mackay Shields Llc also increased its stake in BLACKROCK MUN TARGET TERM TR (BTT). This position saw a modest increase of +25.65% based on share changes.
The portfolio experienced several notable sales and reductions this quarter:
- ISHARES GOLD TR (IAU) decreased by -15.92% in share count.
- The fund sold shares of several municharge holdings, including reductions in BLACKROCK MUNIHLDGS NJ QLTY (MUJ), BLACKROCK MUNIYIELD MICH QU (MIY), and BLACKROCK MUNIHOLDINGS FD IN (MHD).
- GULFPORT ENERGY CORP (GPOR) saw a reduction of -1.1%.
- TALOS ENERGY INC (TALO) experienced a decrease of -12.43%.
- The fund also reduced its position in several large-cap stocks, including APOLLO GLOBAL MGMT INC (APO-A), BANK OF AMER CORP (BAC.PRN), and WELLS FARGO & CO (WFC-L).
Despite these changes, several municharge funds maintained their positions unchanged. Notably, BLACKROCK MUNIYIELD N Y QUAL (MYN) and BLACKROCK MUN TARGET TERM TR (BTT) remained stable, indicating confidence in these fixed-income strategies.
The overall portfolio allocation shows a continued focus on municharges within the Financial Services sector. The fund's holdings include various BlackRock Municipal funds and other investment vehicles like IAU gold trusts and energy stocks such as GPOR and TALO.