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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
+3.48%
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
$342M
AUM Growth
-$27.4M
(-7.4%)
Cap. Flow
-$17.6M
Cap. Flow
% of AUM
-5.14%
Top 10 Holdings %
Top 10 Hldgs %
34.86%
Holding
356
New
31
Increased
47
Reduced
91
Closed
33
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPDR Gold Trust
GLD
|
+$10.6M |
| 2 |
Devon Energy
DVN
|
+$7.5M |
| 3 |
Expedia Group
EXPE
|
+$7.21M |
| 4 |
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
|
+$5.96M |
| 5 |
VanEck Steel ETF
SLX
|
+$5.75M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Retail ETF
XRT
|
+$9.31M |
| 2 |
State Street SPDR S&P Homebuilders ETF
XHB
|
+$7.04M |
| 3 |
iShares TIPS Bond ETF
TIP
|
+$5.93M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$5.67M |
| 5 |
T. Rowe Price
TROW
|
+$5.47M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.59% |
| 2 | Consumer Discretionary | 7.51% |
| 3 | Industrials | 6.22% |
| 4 | Healthcare | 5.98% |
| 5 | Financials | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Global X Cybersecurity ETF
BUG
$1.45B
| $354K | 0.1% |
11,259
| – | – |
|
77
Johnson & Johnson
JNJ
$621B
| $334K | 0.1% |
1,883
+29
| +2% | +$4.93K |
|
78
Washington Trust Bancorp
WASH
$753M
| $324K | 0.09% |
6,180
| – | – |
|
79
Peoples Financial Services
PFIS
$716M
| $312K | 0.09% |
6,178
-352
| -5% | -$17.6K |
|
80
PepsiCo
PEP
$189B
| $296K | 0.09% |
1,771
+28
| +2% | +$4.7K |
|
81
Oracle
ORCL
$416B
| $293K | 0.09% |
3,537
-958
| -21% | -$77.6K |
|
82
AutoZone
AZO
$50.1B
| $286K | 0.08% |
140
| – | – |
|
83
Invesco Semiconductors ETF
PSI
$2.4B
| $281K | 0.08% |
6,507
| – | – |
|
84
ARK Innovation ETF
ARKK
$6.05B
| $277K | 0.08% |
4,184
+161
| +4% | +$11.4K |
|
85
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $277K | 0.08% |
2,692
| – | – |
|
86
Costco
COST
$418B
| $272K | 0.08% |
473
| – | – |
|
87
Invesco Solar ETF
TAN
$1.45B
| $271K | 0.08% |
3,591
+1,785
| +99% | +$123K |
|
88
Abbott
ABT
$183B
| $270K | 0.08% |
2,277
| – | – |
|
89
NextEra Energy
NEE
$179B
| $270K | 0.08% |
3,188
| – | – |
|
90
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23B
| $248K | 0.07% |
2,684
-100
| -4% | -$9.16K |
|
91
Honeywell
HON
$78.6B
| $244K | 0.07% |
1,329
+19
| +1% | +$3.52K |
|
92
Verizon
VZ
$193B
| $231K | 0.07% |
4,535
-118
| -3% | -$6.25K |
|
93
Global X Autonomous & Electric Vehicles ETF
DRIV
$428M
| $227K | 0.07% |
8,233
| – | – |
|
94
First Trust Nasdaq Bank ETF
FTXO
$314M
| $223K | 0.07% |
7,016
| – | – |
|
95
CSX Corp
CSX
$94.7B
| $210K | 0.06% |
5,610
| – | – |
|
96
Nike
NKE
$63B
| $198K | 0.06% |
1,468
| – | – |
|
97
Evergy
EVRG
$19.1B
| $191K | 0.06% |
2,800
| – | – |
|
98
Home Depot
HD
$352B
| $184K | 0.05% |
614
-30
| -5% | -$10.4K |
|
99
Norfolk Southern
NSC
$76.8B
| $178K | 0.05% |
625
| – | – |
|
100
Amgen
AMGN
$220B
| $166K | 0.05% |
686
-64
| -9% | -$14.7K |
|
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Riggs Asset Management's Q1 2022 Portfolio in Review
As of Q1 2022, Riggs Asset Management held 356 positions worth $342M, down 7.4% from $369M the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Riggs Asset Management withdrew a net $17.6M in Q1 2022, closing 33 positions and reducing 91 holdings. Its most notable exit was T. Rowe Price, an estimated $5.47M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 14% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Riggs Asset Management opened a new position in Devon Energy worth $8.2M.
- Riggs Asset Management's largest Q1 2022 buy was Devon Energy: 138,618 shares worth $8.2M.
- Riggs Asset Management added most to SPDR Gold Trust in Q1 2022, an estimated $10.6M increase.
- Riggs Asset Management's biggest Q1 2022 reduction was State Street SPDR S&P Retail ETF, cutting an estimated $9.31M.
- Riggs Asset Management fully exited T. Rowe Price in Q1 2022, selling an estimated $5.47M.
- Riggs Asset Management's ten largest holdings make up 35% of its $342M portfolio in Q1 2022.
- Riggs Asset Management opened 31 new positions and closed 33 in Q1 2022.
- Riggs Asset Management's portfolio value fell 7.4% quarter-over-quarter to $342M.
Based on Riggs Asset Management's 13F filing for Q1 2022, filed 5 May 2022.