Riggs Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$6.75M |
| 2 |
Thor Industries
THO
|
+$6.68M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$4.33M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$3.88M |
| 5 |
State Street SPDR S&P Metals & Mining ETF
XME
|
+$2.92M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$12.6M |
| 2 |
iShare MSCI Eurozone ETF
EZU
|
+$11.1M |
| 3 |
Lockheed Martin
LMT
|
+$7.08M |
| 4 |
iShares US Healthcare ETF
IYH
|
+$6.92M |
| 5 |
Invesco China Technology ETF
CQQQ
|
+$5.75M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.86% |
| 2 | Energy | 7.72% |
| 3 | Consumer Discretionary | 3.91% |
| 4 | Industrials | 3.77% |
| 5 | Technology | 3.64% |
Similar funds
Riggs Asset Management's Q2 2018 Portfolio in Review
As of Q2 2018, Riggs Asset Management held 291 positions worth $227M, down 6.4% from $243M the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Riggs Asset Management withdrew a net $20.7M in Q2 2018, closing 35 positions and reducing 40 holdings. Its most notable exit was iShare MSCI Eurozone ETF, an estimated $11.1M position sold in full.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Energy and Consumer Discretionary.
Against the trend, Riggs Asset Management opened a new position in State Street SPDR S&P Oil & Gas Exploration & Production ETF worth $7.22M.
- Riggs Asset Management's largest Q2 2018 buy was State Street SPDR S&P Oil & Gas Exploration & Production ETF: 41,928 shares worth $7.22M.
- Riggs Asset Management added most to iShares Core S&P Small-Cap ETF in Q2 2018, an estimated $4.33M increase.
- Riggs Asset Management's biggest Q2 2018 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $12.6M.
- Riggs Asset Management fully exited iShare MSCI Eurozone ETF in Q2 2018, selling an estimated $11.1M.
- Riggs Asset Management's ten largest holdings make up 42% of its $227M portfolio in Q2 2018.
- Riggs Asset Management opened 10 new positions and closed 35 in Q2 2018.
- Riggs Asset Management's portfolio value fell 6.4% quarter-over-quarter to $227M.
Based on Riggs Asset Management's 13F filing for Q2 2018, filed 27 Jul 2018.