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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
+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
(-2.1%)
Cap. Flow
-$16.5M
Cap. Flow
% of AUM
-4.91%
Top 10 Holdings %
Top 10 Hldgs %
34.51%
Holding
784
New
136
Increased
126
Reduced
109
Closed
133
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$5.42M |
| 2 |
Global X Uranium ETF
URA
|
+$5.36M |
| 3 |
Kaiser Aluminum
KALU
|
+$3.47M |
| 4 |
Baker Hughes
BKR
|
+$2.92M |
| 5 |
SKX
Skechers
SKX
|
+$2.72M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$9.24M |
| 2 |
VanEck Steel ETF
SLX
|
+$6.61M |
| 3 |
iShares Biotechnology ETF
IBB
|
+$6.23M |
| 4 |
McDonald's
MCD
|
+$5.5M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
776
State Street SPDR S&P Semiconductor ETF
XSD
$2.72B
| – | – |
-18
| Closed | -$4.18K |
|
777
Zentalis Pharmaceuticals
ZNTL
$337M
| – | – |
-23
| Closed | -$363 |
|
|
TXNM
778
TXNM Energy Inc
TXNM
$6.41B
| – | – |
-72
| Closed | -$2.71K |
|
|
AKTS
779
DELISTED
Akoustis Technologies Inc
AKTS
| – | – |
-1,335
| Closed | -$790 |
|
|
ALPN
780
DELISTED
Alpine Immune Sciences Inc
ALPN
| – | – |
-16
| Closed | -$635 |
|
|
FEN
781
DELISTED
First Trust Energy Income and Growth Fund
FEN
| – | – |
-208
| Closed | -$3.4K |
|
|
FEI
782
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| – | – |
-606
| Closed | -$5.86K |
|
|
AEL
783
DELISTED
American Equity Investment Life Holding Company
AEL
| – | – |
-33
| Closed | -$1.86K |
|
|
ARCH
784
DELISTED
Arch Resources, Inc.
ARCH
| – | – |
-2
| Closed | -$322 |
|
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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.