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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
+19.57%
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
$247M
AUM Growth
+$90.9M
Cap. Flow
+$58.8M
Cap. Flow %
23.87%
Top 10 Hldgs %
39.89%
Holding
299
New
26
Increased
42
Reduced
31
Closed
24

Top Buys

Rank Stock Value
1
DIA icon
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
+$10.7M
2
IJR icon
iShares Core S&P Small-Cap ETF
IJR
+$9.55M
3
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$5.99M
4
TIP icon
iShares TIPS Bond ETF
TIP
+$5.88M
5
RTX icon
RTX Corp
RTX
+$5.42M

Top Sells

Rank Stock Value
1
SHY icon
iShares 1-3 Year Treasury Bond ETF
SHY
+$3.23M
2
EPD icon
Enterprise Products Partners
EPD
+$2.74M
3
GLD icon
SPDR Gold Trust
GLD
+$2.54M
4
MMP
Magellan Midstream Partners, L.P.
MMP
+$2.25M
5
MINT icon
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
+$1.43M

Sector Composition

Rank Sector Weight
1 Healthcare 12.85%
2 Financials 9.29%
3 Technology 8.86%
4 Communication Services 6.63%
5 Consumer Discretionary 4.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PFG icon
126
Principal Financial Group
PFG
$24.6B
$28K 0.01%
693
– –
PM icon
127
Philip Morris
PM
$292B
$28K 0.01%
400
– –
BAX icon
128
Baxter International
BAX
$14.5B
$25K 0.01%
298
– –
HSY icon
129
Hershey
HSY
$35.7B
$25K 0.01%
200
– –
MCD icon
130
McDonald's
MCD
$188B
$24K 0.01%
135
– –
PENN icon
131
PENN Entertainment
PENN
$2.67B
$24K 0.01%
809
+9
+1% +$206
CAT icon
132
Caterpillar
CAT
$382B
$23K 0.01%
183
– –
DD icon
133
DuPont de Nemours
DD
$19.1B
$23K 0.01%
359
– –
EVT icon
134
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.13B
$23K 0.01%
1,230
– –
CARR icon
135
Carrier Global
CARR
$52.1B
$22K 0.01%
+999
New +$18.6K
GD icon
136
General Dynamics
GD
$103B
$21K 0.01%
145
– –
NQP
137
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$21K 0.01%
1,599
– –
MFC icon
138
Manulife Financial
MFC
$74B
$20K 0.01%
1,480
– –
VGT icon
139
Vanguard Information Technology ETF
VGT
$141B
$20K 0.01%
592
– –
DOW icon
140
Dow Inc
DOW
$21.6B
$18K 0.01%
450
-1
-0.2% -$37
SO icon
141
Southern Company
SO
$107B
$18K 0.01%
350
– –
TEVA icon
142
Teva Pharmaceuticals
TEVA
$40.2B
$18K 0.01%
1,500
– –
CCI icon
143
Crown Castle
CCI
$33.5B
$17K 0.01%
102
– –
TT icon
144
Trane Technologies
TT
$101B
$17K 0.01%
200
-176
-47% -$15.3K
ES icon
145
Eversource Energy
ES
$27.1B
$16K 0.01%
200
– –
GLPI icon
146
Gaming and Leisure Properties
GLPI
$12.7B
$16K 0.01%
483
+5
+1% +$156
VOD icon
147
Vodafone
VOD
$35.9B
$16K 0.01%
1,017
-574
-36% -$8.66K
ZD icon
148
Ziff Davis
ZD
$1.99B
$16K 0.01%
304
– –
NBTB icon
149
NBT Bancorp
NBTB
$2.75B
$15K 0.01%
500
– –
COHR icon
150
Coherent
COHR
$56.4B
$14K 0.01%
308
– –
4 5
6
7 8

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NCA
Newbrook Capital Advisors New York $560M AUM 62.9% 1-Year Est. Return
DIM
Delta Investment Management San Francisco, California $559M AUM 19.86% 1-Year Est. Return
CFP
Curran Financial Partners Daniel Island, South Carolina $559M AUM 13.69% 1-Year Est. Return
MCM
Maytus Capital Management New York $562M AUM 71.97% 1-Year Est. Return
FGAM
Financial Gravity Asset Management Lakeway, Texas $562M AUM
SHIM
Stone House Investment Management Tunkhannock, Pennsylvania $558M AUM 14.72% 1-Year Est. Return
AC
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PDL
Portfolio Design Labs Encino, California $562M AUM 20.39% 1-Year Est. Return

Riggs Asset Management's Q2 2020 Portfolio in Review

As of Q2 2020, Riggs Asset Management held 299 positions worth $247M, up 58% from $156M the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Riggs Asset Management deployed $58.8M of net new capital in Q2 2020, opening 26 new positions and adding to 42 existing holdings. Its largest new stake was State Street SPDR Dow Jones Industrial Average ETF Trust: 43,591 shares worth $11.2M.

By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 16% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was iShares 1-3 Year Treasury Bond ETF, an estimated $3.23M trimmed.

  • Riggs Asset Management's largest Q2 2020 buy was State Street SPDR Dow Jones Industrial Average ETF Trust: 43,591 shares worth $11.2M.
  • Riggs Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $5.99M increase.
  • Riggs Asset Management's biggest Q2 2020 reduction was iShares 1-3 Year Treasury Bond ETF, cutting an estimated $3.23M.
  • Riggs Asset Management fully exited Magellan Midstream Partners, L.P. in Q2 2020, selling an estimated $2.25M.
  • Riggs Asset Management's ten largest holdings make up 40% of its $247M portfolio in Q2 2020.
  • Riggs Asset Management opened 26 new positions and closed 24 in Q2 2020.
  • Riggs Asset Management's portfolio value rose 58% quarter-over-quarter to $247M.

Based on Riggs Asset Management's 13F filing for Q2 2020, filed 11 Aug 2020.