We are live on
!
Find out more
RAM
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
(-29%)
Cap. Flow
-$49M
Cap. Flow
% of AUM
-20.2%
Top 10 Holdings %
Top 10 Hldgs %
32.89%
Holding
349
New
27
Increased
29
Reduced
111
Closed
44
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alerian MLP ETF
AMLP
|
+$5.12M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$5.03M |
| 3 |
IBM
IBM
|
+$4.65M |
| 4 |
Microsoft
MSFT
|
+$2.54M |
| 5 |
RTX Corp
RTX
|
+$2.53M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPDR Gold Trust
GLD
|
+$15.3M |
| 2 |
Global X US Infrastructure Development ETF
PAVE
|
+$7.62M |
| 3 |
Expedia Group
EXPE
|
+$7.54M |
| 4 |
Qualcomm
QCOM
|
+$5.8M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
26
Cummins
CMI
$83.6B
| $4.36M | 1.8% |
22,547
-1,928
| -8% | -$385K |
|
27
iShares Latin America 40 ETF
ILF
$3.73B
| $4.18M | 1.73% |
185,619
+28,586
| +18% | +$761K |
|
28
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $3.94M | 1.62% |
43,387
-37,340
| -46% | -$3.6M |
|
29
First Trust Water ETF
FIW
$1.87B
| $3.76M | 1.55% |
52,236
-4,620
| -8% | -$354K |
|
30
Invesco Leisure and Entertainment ETF
PEJ
$263M
| $3.3M | 1.36% |
90,925
-4,098
| -4% | -$171K |
|
|
31
Microsoft
MSFT
$2.9T
| $3.21M | 1.32% |
12,487
+9,349
| +298% | +$2.54M |
|
32
Gen Digital
GEN
$16.5B
| $2.71M | 1.12% |
123,650
-339
| -0.3% | -$8.34K |
|
33
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $2.48M | 1.02% |
22,490
-2,365
| -10% | -$267K |
|
34
Lockheed Martin
LMT
$131B
| $2.47M | 1.02% |
5,755
+5,593
| +3,452% | +$2.46M |
|
35
Union Pacific
UNP
$174B
| $2.21M | 0.91% |
10,343
-420
| -4% | -$95.6K |
|
36
Arista Networks
ANET
$199B
| $2.15M | 0.89% |
91,816
-2,792
| -3% | -$76.6K |
|
37
Iridium Communications
IRDM
$4.7B
| $2.14M | 0.88% |
57,078
-6,743
| -11% | -$251K |
|
38
Vanguard Morningstar Value ETF
VTV
$188B
| $2.1M | 0.87% |
15,946
-2,166
| -12% | -$306K |
|
39
Invesco Aerospace & Defense ETF
PPA
$8.07B
| $2.02M | 0.83% |
28,860
-762
| -3% | -$55.4K |
|
40
CrowdStrike
CRWD
$183B
| $1.92M | 0.79% |
45,536
-1,260
| -3% | -$57K |
|
41
Datadog
DDOG
$94B
| $1.91M | 0.79% |
20,095
-827
| -4% | -$90.9K |
|
42
Global Payments
GPN
$24.1B
| $1.88M | 0.78% |
17,021
-635
| -4% | -$80.3K |
|
43
VanEck Agribusiness ETF
MOO
$992M
| $1.88M | 0.78% |
21,758
+1,393
| +7% | +$136K |
|
44
Halliburton
HAL
$26.1B
| $1.83M | 0.76% |
58,343
-1,416
| -2% | -$52.8K |
|
45
Invesco S&P 500 Low Volatility ETF
SPLV
$7.24B
| $1.78M | 0.73% |
28,659
+28,511
| +19,264% | +$1.84M |
|
46
iShares MSCI Canada ETF
EWC
$6.12B
| $1.69M | 0.7% |
50,232
+145
| +0.3% | +$5.37K |
|
47
Marriott International
MAR
$100B
| $1.61M | 0.66% |
11,839
+10,924
| +1,194% | +$1.8M |
|
48
State Street SPDR S&P Biotech ETF
XBI
$10B
| $1.61M | 0.66% |
21,641
+21,356
| +7,493% | +$1.6M |
|
49
Broadcom
AVGO
$1.76T
| $1.58M | 0.65% |
+32,580
| New | +$1.83M |
|
50
Hilton Worldwide
HLT
$72.4B
| $1.43M | 0.59% |
12,824
+5,404
| +73% | +$748K |
|
Similar funds
NCA
HA
OPWM
DIM
NPPM
CFP
MCM
FGAM
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.