Riggs Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$10.7M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$9.55M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$5.99M |
| 4 |
iShares TIPS Bond ETF
TIP
|
+$5.88M |
| 5 |
RTX Corp
RTX
|
+$5.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$3.23M |
| 2 |
Enterprise Products Partners
EPD
|
+$2.74M |
| 3 |
SPDR Gold Trust
GLD
|
+$2.54M |
| 4 |
MMP
Magellan Midstream Partners, L.P.
MMP
|
+$2.25M |
| 5 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$1.43M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.85% |
| 2 | Financials | 9.29% |
| 3 | Technology | 8.86% |
| 4 | Communication Services | 6.63% |
| 5 | Consumer Discretionary | 4.47% |
Similar funds
Riggs Asset Management's Q2 2020 Portfolio in Review
As of Q2 2020, Riggs Asset Management held 299 positions worth $247M, up 58% from $156M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Riggs Asset Management deployed $58.8M of net new capital in Q2 2020, opening 26 new positions and adding to 42 existing holdings. Its largest new stake was State Street SPDR Dow Jones Industrial Average ETF Trust: 43,591 shares worth $11.2M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 16% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was iShares 1-3 Year Treasury Bond ETF, an estimated $3.23M trimmed.
- Riggs Asset Management's largest Q2 2020 buy was State Street SPDR Dow Jones Industrial Average ETF Trust: 43,591 shares worth $11.2M.
- Riggs Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $5.99M increase.
- Riggs Asset Management's biggest Q2 2020 reduction was iShares 1-3 Year Treasury Bond ETF, cutting an estimated $3.23M.
- Riggs Asset Management fully exited Magellan Midstream Partners, L.P. in Q2 2020, selling an estimated $2.25M.
- Riggs Asset Management's ten largest holdings make up 40% of its $247M portfolio in Q2 2020.
- Riggs Asset Management opened 26 new positions and closed 24 in Q2 2020.
- Riggs Asset Management's portfolio value rose 58% quarter-over-quarter to $247M.
Based on Riggs Asset Management's 13F filing for Q2 2020, filed 11 Aug 2020.