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RAM
Riggs Asset Management Portfolio holdings
AUM
$560M
1-Year Est. Return
64.94%
This Fund
S&P 500
This Quarter
Est. Return
+7.34%
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
$154M
AUM Growth
-$30.1M
(-16%)
Cap. Flow
-$41.8M
Cap. Flow
% of AUM
-27.14%
Top 10 Holdings %
Top 10 Hldgs %
44.66%
Holding
61
New
8
Increased
12
Reduced
22
Closed
10
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Airlines Group
AAL
|
+$4.9M |
| 2 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$4.79M |
| 3 |
Lennar Class A
LEN
|
+$4.65M |
| 4 |
iShares US Home Construction ETF
ITB
|
+$4.51M |
| 5 |
KSU
Kansas City Southern
KSU
|
+$2.99M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Jazz Pharmaceuticals
JAZZ
|
+$12.8M |
| 2 |
CHK
Chesapeake Energy Corporation
CHK
|
+$10.6M |
| 3 |
Nu Skin
NUS
|
+$7.65M |
| 4 |
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
|
+$6.78M |
| 5 |
Bausch Health
BHC
|
+$6.49M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.92% |
| 2 | Industrials | 16.21% |
| 3 | Energy | 15.64% |
| 4 | Financials | 14.41% |
| 5 | Consumer Discretionary | 12.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
3D Systems Corp
DDD
$405M
| – | – |
-28,290
| Closed | -$2.63M |
|
52
iShares Core S&P Small-Cap ETF
IJR
$109B
| – | – |
-3,734
| Closed | -$204K |
|
53
iShares Core S&P 500 ETF
IVV
$858B
| – | – |
-1,884
| Closed | -$350K |
|
|
54
Nu Skin
NUS
$257M
| – | – |
-55,327
| Closed | -$7.65M |
|
55
Pfizer
PFE
$143B
| – | – |
-7,875
| Closed | -$229K |
|
|
56
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$71.7M
| – | – |
-133,076
| Closed | -$6.78M |
|
57
VF Corp
VFC
$5.92B
| – | – |
-8,496
| Closed | -$499K |
|
|
ONIT
58
Onity Group
ONIT
$342M
| – | – |
-4,912
| Closed | -$4.09M |
|
|
CHK
59
DELISTED
Chesapeake Energy Corporation
CHK
| – | – |
-2,055
| Closed | -$10.6M |
|
|
MON
60
DELISTED
Monsanto Co
MON
| – | – |
-40,943
| Closed | -$4.77M |
|
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Riggs Asset Management's Q1 2014 Portfolio in Review
As of Q1 2014, Riggs Asset Management held 61 positions worth $154M, down 16% from $184M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Riggs Asset Management withdrew a net $41.8M in Q1 2014, closing 10 positions and reducing 22 holdings. Its most notable exit was Chesapeake Energy Corporation, an estimated $10.6M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 26% a quarter earlier, followed by Industrials and Energy.
Against the trend, Riggs Asset Management opened a new position in American Airlines Group worth $5.27M.
- Riggs Asset Management's largest Q1 2014 buy was American Airlines Group: 143,928 shares worth $5.27M.
- Riggs Asset Management added most to Devon Energy in Q1 2014, an estimated $2.8M increase.
- Riggs Asset Management's biggest Q1 2014 reduction was Jazz Pharmaceuticals, cutting an estimated $12.8M.
- Riggs Asset Management fully exited Chesapeake Energy Corporation in Q1 2014, selling an estimated $10.6M.
- Riggs Asset Management's ten largest holdings make up 45% of its $154M portfolio in Q1 2014.
- Riggs Asset Management opened 8 new positions and closed 10 in Q1 2014.
- Riggs Asset Management's portfolio value fell 16% quarter-over-quarter to $154M.
Based on Riggs Asset Management's 13F filing for Q1 2014, filed 14 May 2014.