Riggs Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$4.99M |
| 2 |
SPDR Gold Trust
GLD
|
+$4.01M |
| 3 |
Walt Disney
DIS
|
+$3.08M |
| 4 |
AT&T
T
|
+$2.09M |
| 5 |
CTRA
Coterra Energy
CTRA
|
+$1.92M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$8.92M |
| 2 |
iShares Global Energy ETF
IXC
|
+$7.41M |
| 3 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$7.25M |
| 4 |
Citigroup
C
|
+$6.17M |
| 5 |
VanEck Steel ETF
SLX
|
+$5.71M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.63% |
| 2 | Energy | 12.45% |
| 3 | Communication Services | 6.41% |
| 4 | Industrials | 5.86% |
| 5 | Healthcare | 4.69% |
Similar funds
Riggs Asset Management's Q4 2018 Portfolio in Review
As of Q4 2018, Riggs Asset Management held 267 positions worth $138M, down 33% from $204M the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Riggs Asset Management withdrew a net $44.1M in Q4 2018, closing 20 positions and reducing 33 holdings. Its most notable exit was iShares Global Energy ETF, an estimated $7.41M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 18% a quarter earlier, followed by Energy and Communication Services.
Against the trend, Riggs Asset Management opened a new position in Iridium Communications worth $1.36M.
- Riggs Asset Management's largest Q4 2018 buy was Iridium Communications: 73,478 shares worth $1.36M.
- Riggs Asset Management added most to State Street Health Care Select Sector SPDR ETF in Q4 2018, an estimated $4.99M increase.
- Riggs Asset Management's biggest Q4 2018 reduction was iShares Core S&P Small-Cap ETF, cutting an estimated $8.92M.
- Riggs Asset Management fully exited iShares Global Energy ETF in Q4 2018, selling an estimated $7.41M.
- Riggs Asset Management's ten largest holdings make up 52% of its $138M portfolio in Q4 2018.
- Riggs Asset Management opened 20 new positions and closed 20 in Q4 2018.
- Riggs Asset Management's portfolio value fell 33% quarter-over-quarter to $138M.
Based on Riggs Asset Management's 13F filing for Q4 2018, filed 14 Jan 2019.