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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
+5.99%
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
$258M
AUM Growth
+$14.8M
Cap. Flow
+$8.26M
Cap. Flow %
3.21%
Top 10 Hldgs %
28.67%
Holding
392
New
62
Increased
66
Reduced
69
Closed
22

Top Buys

Rank Stock Value
1
XLE icon
State Street Energy Select Sector SPDR ETF
XLE
+$9.57M
2
SLX icon
VanEck Steel ETF
SLX
+$5.54M
3
GLD icon
SPDR Gold Trust
GLD
+$5.1M
4
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$4.14M
5
XSD icon
State Street SPDR S&P Semiconductor ETF
XSD
+$3.94M

Top Sells

Rank Stock Value
1
DVN icon
Devon Energy
DVN
+$5.16M
2
XLV icon
State Street Health Care Select Sector SPDR ETF
XLV
+$4.75M
3
FLOT icon
iShares Floating Rate Bond ETF
FLOT
+$4.57M
4
CVS icon
CVS Health
CVS
+$4.41M
5
IEO icon
iShares US Oil & Gas Exploration & Production ETF
IEO
+$4.28M

Sector Composition

Rank Sector Weight
1 Technology 13.08%
2 Industrials 12.01%
3 Financials 5.59%
4 Healthcare 5.24%
5 Consumer Discretionary 5.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VTV icon
51
Vanguard Morningstar Value ETF
VTV
$191B
$1.86M 0.72%
13,456
-2,054
-13% -$288K
MRK icon
52
Merck
MRK
$316B
$1.83M 0.71%
17,233
-1,171
-6% -$126K
AMZN icon
53
Amazon
AMZN
$2.99T
$1.57M 0.61%
15,180
+1,562
+11% +$151K
EXP icon
54
Eagle Materials
EXP
$6.63B
$1.54M 0.6%
+10,465
New +$1.48M
FCX icon
55
Freeport-McMoran
FCX
$96.7B
$1.48M 0.58%
36,290
+1,886
+5% +$78.5K
IEI icon
56
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
$1.45M 0.56%
12,361
+5,958
+93% +$692K
DVN icon
57
Devon Energy
DVN
$50.8B
$1.4M 0.54%
27,596
-90,628
-77% -$5.16M
XOP icon
58
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.63B
$1.31M 0.51%
10,302
-633
-6% -$84K
MOO icon
59
VanEck Agribusiness ETF
MOO
$976M
$1.3M 0.51%
14,996
-1,253
-8% -$111K
DAL icon
60
Delta Air Lines
DAL
$61B
$1.3M 0.5%
37,151
+1,236
+3% +$45.9K
BTU icon
61
Peabody Energy
BTU
$2.72B
$1.26M 0.49%
49,269
-285
-0.6% -$7.57K
TSLA icon
62
Tesla
TSLA
$1.29T
$1.09M 0.42%
5,250
– –
XLF icon
63
State Street Financial Select Sector SPDR ETF
XLF
$58.5B
$1.01M 0.39%
31,454
-2,223
-7% -$77.3K
SPHB icon
64
Invesco S&P 500 High Beta ETF
SPHB
$1.03B
$971K 0.38%
13,881
+671
+5% +$46.9K
NVDA icon
65
NVIDIA
NVDA
$5.13T
$950K 0.37%
34,200
+31,950
+1,420% +$691K
XLK icon
66
State Street Technology Select Sector SPDR ETF
XLK
$123B
$862K 0.33%
+11,420
New +$786K
XLI icon
67
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
$816K 0.32%
8,062
+655
+9% +$65.9K
PG icon
68
Procter & Gamble
PG
$345B
$764K 0.3%
5,141
-662
-11% -$94.6K
MODV
69
DELISTED
ModivCare
MODV
$761K 0.3%
+9,048
New +$870K
BRK.B icon
70
Berkshire Hathaway Class B
BRK.B
$1.12T
$744K 0.29%
2,409
-17
-0.7% -$5.24K
IAU icon
71
iShares Gold Trust
IAU
$63.3B
$653K 0.25%
+17,466
New +$627K
NTR icon
72
Nutrien
NTR
$32.1B
$615K 0.24%
8,332
-194
-2% -$15K
MBCN
73
DELISTED
Middlefield Banc Corp
MBCN
$528K 0.2%
18,830
– –
OIH icon
74
VanEck Oil Services ETF
OIH
$1.94B
$495K 0.19%
1,785
-8
-0.4% -$2.45K
XLV icon
75
State Street Health Care Select Sector SPDR ETF
XLV
$41.8B
$427K 0.17%
3,299
-36,334
-92% -$4.75M
1 2
3
4 5

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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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PDL
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Riggs Asset Management's Q1 2023 Portfolio in Review

As of Q1 2023, Riggs Asset Management held 392 positions worth $258M, up 6.1% from $243M the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Riggs Asset Management deployed $8.26M of net new capital in Q1 2023, opening 62 new positions and adding to 66 existing holdings. Its largest new stake was State Street Energy Select Sector SPDR ETF: 223,900 shares worth $9.27M.

By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Industrials and Financials.

On the sell side, the largest reduction was Devon Energy, an estimated $5.16M trimmed.

  • Riggs Asset Management's largest Q1 2023 buy was State Street Energy Select Sector SPDR ETF: 223,900 shares worth $9.27M.
  • Riggs Asset Management added most to VanEck Steel ETF in Q1 2023, an estimated $5.54M increase.
  • Riggs Asset Management's biggest Q1 2023 reduction was Devon Energy, cutting an estimated $5.16M.
  • Riggs Asset Management fully exited Canadian Pacific Kansas City in Q1 2023, selling an estimated $1.31M.
  • Riggs Asset Management's ten largest holdings make up 29% of its $258M portfolio in Q1 2023.
  • Riggs Asset Management opened 62 new positions and closed 22 in Q1 2023.
  • Riggs Asset Management's portfolio value rose 6.1% quarter-over-quarter to $258M.

Based on Riggs Asset Management's 13F filing for Q1 2023, filed 9 May 2023.