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Riggs Asset Management Portfolio holdings

AUM $560M
1-Year Est. Return 64.94%
This Fund
S&P 500
This Quarter Est. Return
-13.08%
1 Year Est. Return
+64.94%
3 Year Est. Return
+207.03%
5 Year Est. Return
+268.77%
10 Year Est. Return
+923.4%
AUM
$242M
AUM Growth
-$99.4M
Cap. Flow
-$49M
Cap. Flow %
-20.2%
Top 10 Hldgs %
32.89%
Holding
349
New
27
Increased
29
Reduced
111
Closed
44

Top Buys

Rank Stock Value
1
AMLP icon
Alerian MLP ETF
AMLP
+$5.12M
2
XLV icon
State Street Health Care Select Sector SPDR ETF
XLV
+$5.03M
3
IBM icon
IBM
IBM
+$4.65M
4
MSFT icon
Microsoft
MSFT
+$2.54M
5
RTX icon
RTX Corp
RTX
+$2.53M

Top Sells

Rank Stock Value
1
GLD icon
SPDR Gold Trust
GLD
+$15.3M
2
PAVE icon
Global X US Infrastructure Development ETF
PAVE
+$7.62M
3
EXPE icon
Expedia Group
EXPE
+$7.54M
4
QCOM icon
Qualcomm
QCOM
+$5.8M
5
SMH icon
VanEck Semiconductor ETF
SMH
+$5.56M

Sector Composition

Rank Sector Weight
1 Technology 12.53%
2 Industrials 10.11%
3 Healthcare 7.17%
4 Consumer Discretionary 6.25%
5 Financials 4.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PSX icon
326
Phillips 66
PSX
$84.9B
– –
-142
Closed -$12K
RDCM icon
327
Radcom
RDCM
$171M
– –
-3,750
Closed -$49K
REZI icon
328
Resideo Technologies
REZI
$5.19B
– –
-24
Closed -$1K
RIO icon
329
Rio Tinto
RIO
$158B
– –
-100
Closed -$8K
RMBS icon
330
Rambus
RMBS
$9.87B
– –
-400
Closed -$13K
SHEL icon
331
Shell
SHEL
$254B
– –
-140
Closed -$8K
SNOW icon
332
Snowflake
SNOW
$102B
– –
-1
Closed –
SO icon
333
Southern Company
SO
$109B
– –
-250
Closed -$18K
TDOC icon
334
Teladoc Health
TDOC
$1.22B
– –
-42
Closed -$3K
TNXP icon
335
Tonix Pharmaceuticals
TNXP
$160M
– –
0
– –
TRP icon
336
TC Energy
TRP
$70.2B
– –
-375
Closed -$21K
TSM icon
337
TSMC
TSM
$2.1T
– –
-25
Closed -$3K
U icon
338
Unity
U
$13.8B
– –
-15,234
Closed -$1.51M
VFC icon
339
VF Corp
VFC
$5.63B
– –
-5
Closed –
VLO icon
340
Valero Energy
VLO
$90.1B
– –
-113
Closed -$11K
WELL icon
341
Welltower
WELL
$169B
– –
-17
Closed -$2K
WFC icon
342
Wells Fargo
WFC
$261B
– –
-37
Closed -$2K
XLI icon
343
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
– –
-2,692
Closed -$277K
XLY icon
344
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
– –
-2,684
Closed -$248K
XRT icon
345
State Street SPDR S&P Retail ETF
XRT
$329M
– –
-1,199
Closed -$91K
ZBH icon
346
Zimmer Biomet
ZBH
$18.2B
$0 ﹤0.01%
1
– –
MDC
347
DELISTED
M.D.C. Holdings, Inc.
MDC
– –
-436
Closed -$16K
TMDI
348
DELISTED
Titan Medical Inc. Ordinary Shares
TMDI
$0 ﹤0.01%
33
– –
DISH
349
DELISTED
DISH Network Corp.
DISH
– –
-200
Closed -$6K
10 11 12 13
14

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DIM
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CFP
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MCM
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FGAM
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SHIM
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AC
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PDL
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Riggs Asset Management's Q2 2022 Portfolio in Review

As of Q2 2022, Riggs Asset Management held 349 positions worth $242M, down 29% from $342M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Riggs Asset Management withdrew a net $49M in Q2 2022, closing 44 positions and reducing 111 holdings. Its most notable exit was Expedia Group, an estimated $7.54M position sold in full.

By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 13% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Riggs Asset Management opened a new position in Broadcom worth $1.58M.

  • Riggs Asset Management's largest Q2 2022 buy was Broadcom: 32,580 shares worth $1.58M.
  • Riggs Asset Management added most to Alerian MLP ETF in Q2 2022, an estimated $5.12M increase.
  • Riggs Asset Management's biggest Q2 2022 reduction was SPDR Gold Trust, cutting an estimated $15.3M.
  • Riggs Asset Management fully exited Expedia Group in Q2 2022, selling an estimated $7.54M.
  • Riggs Asset Management's ten largest holdings make up 33% of its $242M portfolio in Q2 2022.
  • Riggs Asset Management opened 27 new positions and closed 44 in Q2 2022.
  • Riggs Asset Management's portfolio value fell 29% quarter-over-quarter to $242M.

Based on Riggs Asset Management's 13F filing for Q2 2022, filed 4 Aug 2022.