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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
-13.1%
1 Year Est. Return
+64.94%
3 Year Est. Return
+207.03%
5 Year Est. Return
+268.77%
10 Year Est. Return
+960.33%
AUM
$156M
AUM Growth
-$92.3M
Cap. Flow
-$59.3M
Cap. Flow %
-38.13%
Top 10 Hldgs %
45.56%
Holding
311
New
15
Increased
25
Reduced
72
Closed
38

Top Buys

Rank Stock Value
1
XLK icon
State Street Technology Select Sector SPDR ETF
XLK
+$5.6M
2
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$4.55M
3
CSCO icon
Cisco
CSCO
+$3.79M
4
VZ icon
Verizon
VZ
+$3.16M
5
CRWD icon
CrowdStrike
CRWD
+$586K

Top Sells

Rank Stock Value
1
GLD icon
SPDR Gold Trust
GLD
+$16.1M
2
GDX icon
VanEck Gold Miners ETF
GDX
+$10.8M
3
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$6.65M
4
IEFA icon
iShares Core MSCI EAFE ETF
IEFA
+$6.03M
5
DIS icon
Walt Disney
DIS
+$5.95M

Sector Composition

Rank Sector Weight
1 Healthcare 15.77%
2 Financials 11.86%
3 Technology 10.48%
4 Communication Services 7.32%
5 Consumer Discretionary 4.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UNH icon
101
UnitedHealth
UNH
$375B
$49K 0.03%
200
– –
REGN icon
102
Regeneron Pharmaceuticals
REGN
$79.1B
$48K 0.03%
100
– –
IONS icon
103
Ionis Pharmaceuticals
IONS
$9.01B
$47K 0.03%
1,000
– –
VWO icon
104
Vanguard FTSE Emerging Markets ETF
VWO
$123B
$47K 0.03%
1,424
+1,310
+1,149% +$53.4K
PNC icon
105
PNC Financial Services
PNC
$102B
$46K 0.03%
482
+20
+4% +$2.69K
BA icon
106
Boeing
BA
$190B
$45K 0.03%
303
-19,009
-98% -$5.2M
NXDT
107
NexPoint Diversified Real Estate Trust
NXDT
$234M
$45K 0.03%
5,452
+696
+15% +$10.7K
USA icon
108
Liberty All-Star Equity Fund
USA
$1.84B
$41K 0.03%
8,483
+217
+3% +$1.34K
EMR icon
109
Emerson Electric
EMR
$90.6B
$40K 0.03%
851
– –
NEA icon
110
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.39B
$39K 0.03%
2,906
– –
WMT icon
111
Walmart Inc
WMT
$894B
$39K 0.03%
1,056
– –
FLOT icon
112
iShares Floating Rate Bond ETF
FLOT
$10.3B
$38K 0.02%
+785
New +$39.3K
GLDM icon
113
SPDR Gold MiniShares Trust
GLDM
$28.9B
$37K 0.02%
1,178
– –
DIS icon
114
Walt Disney
DIS
$177B
$34K 0.02%
356
-47,044
-99% -$5.95M
MPA icon
115
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$143M
$32K 0.02%
2,388
– –
PEG icon
116
Public Service Enterprise Group
PEG
$37.7B
$32K 0.02%
720
– –
KO icon
117
Coca-Cola
KO
$374B
$30K 0.02%
700
– –
XLU icon
118
State Street Utilities Select Sector SPDR ETF
XLU
$22.6B
$30K 0.02%
1,100
– –
PM icon
119
Philip Morris
PM
$294B
$29K 0.02%
400
– –
FFC
120
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$778M
$28K 0.02%
1,709
– –
ACAD icon
121
Acadia Pharmaceuticals
ACAD
$4.96B
$27K 0.02%
650
– –
ADP icon
122
Automatic Data Processing
ADP
$107B
$27K 0.02%
200
– –
CMI icon
123
Cummins
CMI
$89.5B
$27K 0.02%
200
– –
KMI icon
124
Kinder Morgan
KMI
$69.3B
$27K 0.02%
2,000
-500
-20% -$9.52K
HSY icon
125
Hershey
HSY
$36.1B
$26K 0.02%
200
– –
3 4
5
6 7

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DIM
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CFP
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MCM
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FGAM
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PDL
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TCM
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AMCA
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Riggs Asset Management's Q1 2020 Portfolio in Review

As of Q1 2020, Riggs Asset Management held 311 positions worth $156M, down 37% from $248M the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Riggs Asset Management withdrew a net $59.3M in Q1 2020, closing 38 positions and reducing 72 holdings. Its most notable exit was Southwest Airlines, an estimated $5.91M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 12% a quarter earlier, followed by Financials and Technology.

Against the trend, Riggs Asset Management opened a new position in State Street Technology Select Sector SPDR ETF worth $4.93M.

  • Riggs Asset Management's largest Q1 2020 buy was State Street Technology Select Sector SPDR ETF: 122,752 shares worth $4.93M.
  • Riggs Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2020, an estimated $4.55M increase.
  • Riggs Asset Management's biggest Q1 2020 reduction was SPDR Gold Trust, cutting an estimated $16.1M.
  • Riggs Asset Management fully exited Southwest Airlines in Q1 2020, selling an estimated $5.91M.
  • Riggs Asset Management's ten largest holdings make up 46% of its $156M portfolio in Q1 2020.
  • Riggs Asset Management opened 15 new positions and closed 38 in Q1 2020.
  • Riggs Asset Management's portfolio value fell 37% quarter-over-quarter to $156M.

Based on Riggs Asset Management's 13F filing for Q1 2020, filed 23 Apr 2020.