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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
+4.88%
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
$336M
AUM Growth
-$7.33M
Cap. Flow
-$16.5M
Cap. Flow %
-4.91%
Top 10 Hldgs %
34.51%
Holding
784
New
136
Increased
126
Reduced
109
Closed
133

Top Buys

Rank Stock Value
1
XLU icon
State Street Utilities Select Sector SPDR ETF
XLU
+$5.42M
2
URA icon
Global X Uranium ETF
URA
+$5.36M
3
KALU icon
Kaiser Aluminum
KALU
+$3.47M
4
BKR icon
Baker Hughes
BKR
+$2.92M
5
SKX
Skechers
SKX
+$2.72M

Top Sells

Rank Stock Value
1
IGV icon
iShares Expanded Tech-Software Sector ETF
IGV
+$9.24M
2
SLX icon
VanEck Steel ETF
SLX
+$6.61M
3
IBB icon
iShares Biotechnology ETF
IBB
+$6.23M
4
MCD icon
McDonald's
MCD
+$5.5M
5
IWM icon
iShares Russell 2000 ETF
IWM
+$4.37M

Sector Composition

Rank Sector Weight
1 Technology 22.1%
2 Financials 5.48%
3 Consumer Discretionary 5.35%
4 Industrials 4.62%
5 Healthcare 3.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ANET icon
26
Arista Networks
ANET
$199B
$5.08M 1.51%
57,956
+1,388
+2% +$103K
IBM icon
27
IBM
IBM
$213B
$5.02M 1.5%
29,010
-836
-3% -$145K
SPHQ icon
28
Invesco S&P 500 Quality ETF
SPHQ
$19B
$4.99M 1.49%
78,562
+39,711
+102% +$2.42M
JNK icon
29
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
$4.83M 1.44%
51,267
-1,075
-2% -$101K
IHI icon
30
iShares US Medical Devices ETF
IHI
$3.17B
$4.31M 1.29%
76,987
-31,610
-29% -$1.77M
CWB icon
31
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.41B
$4.22M 1.26%
58,590
-6,584
-10% -$471K
QQQ icon
32
Invesco QQQ Trust
QQQ
$436B
$4.16M 1.24%
8,675
+975
+13% +$439K
CRWD icon
33
CrowdStrike
CRWD
$183B
$3.81M 1.14%
39,792
-140
-0.4% -$11.6K
VUG icon
34
Vanguard Morningstar Growth ETF
VUG
$212B
$3.71M 1.11%
59,538
-420
-0.7% -$24.5K
PPA icon
35
Invesco Aerospace & Defense ETF
PPA
$8.07B
$3.28M 0.98%
31,952
-223
-0.7% -$22.9K
KALU icon
36
Kaiser Aluminum
KALU
$2.48B
$3.28M 0.98%
37,260
+37,253
+532,186% +$3.47M
XLK icon
37
State Street Technology Select Sector SPDR ETF
XLK
$109B
$3.15M 0.94%
27,872
-50
-0.2% -$5.26K
BKR icon
38
Baker Hughes
BKR
$58.3B
$3.13M 0.93%
+88,936
New +$2.92M
FLOT icon
39
iShares Floating Rate Bond ETF
FLOT
$10.2B
$2.98M 0.89%
58,330
-1,700
-3% -$86.7K
IGV icon
40
iShares Expanded Tech-Software Sector ETF
IGV
$12.4B
$2.96M 0.88%
34,027
-112,477
-77% -$9.24M
LLY icon
41
Eli Lilly
LLY
$1.08T
$2.78M 0.83%
3,073
-24
-0.8% -$19.2K
MLPX icon
42
Global X MLP & Energy Infrastructure ETF
MLPX
$3.58B
$2.6M 0.78%
+51,021
New +$2.51M
META icon
43
Meta Platforms (Facebook)
META
$1.49T
$2.52M 0.75%
5,002
-64
-1% -$31.1K
MELI icon
44
Mercado Libre
MELI
$94.5B
$2.3M 0.69%
1,401
+5
+0.4% +$7.89K
BKLN icon
45
Invesco Senior Loan ETF
BKLN
$6.96B
$2.23M 0.66%
105,936
-21,713
-17% -$458K
MRK icon
46
Merck
MRK
$322B
$2.17M 0.65%
17,543
+90
+0.5% +$11.6K
AIQ icon
47
Global X Artificial Intelligence & Technology ETF
AIQ
$8.89B
$2.12M 0.63%
59,423
+351
+0.6% +$11.9K
XLB icon
48
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
$2.1M 0.63%
47,628
-412
-0.9% -$18.6K
CCJ icon
49
Cameco
CCJ
$36.8B
$2.03M 0.6%
+41,218
New +$2.09M
AMD icon
50
Advanced Micro Devices
AMD
$700B
$1.98M 0.59%
12,223
+96
+0.8% +$15.4K
1
2
3 4 5

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OPWM
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DIM
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NPPM
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CFP
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MCM
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FGAM
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Riggs Asset Management's Q2 2024 Portfolio in Review

As of Q2 2024, Riggs Asset Management held 784 positions worth $336M, down 2.1% from $343M the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Riggs Asset Management withdrew a net $16.5M in Q2 2024, closing 133 positions and reducing 109 holdings. Its most notable exit was VanEck Steel ETF, an estimated $6.61M position sold in full.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Riggs Asset Management opened a new position in State Street Utilities Select Sector SPDR ETF worth $5.38M.

  • Riggs Asset Management's largest Q2 2024 buy was State Street Utilities Select Sector SPDR ETF: 157,766 shares worth $5.38M.
  • Riggs Asset Management added most to Global X Uranium ETF in Q2 2024, an estimated $5.36M increase.
  • Riggs Asset Management's biggest Q2 2024 reduction was iShares Expanded Tech-Software Sector ETF, cutting an estimated $9.24M.
  • Riggs Asset Management fully exited VanEck Steel ETF in Q2 2024, selling an estimated $6.61M.
  • Riggs Asset Management's ten largest holdings make up 35% of its $336M portfolio in Q2 2024.
  • Riggs Asset Management opened 136 new positions and closed 133 in Q2 2024.
  • Riggs Asset Management's portfolio value fell 2.1% quarter-over-quarter to $336M.

Based on Riggs Asset Management's 13F filing for Q2 2024, filed 29 Jul 2024.