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RAM
Riggs Asset Management Portfolio holdings
AUM
$486M
1-Year Est. Return
59.08%
This Fund
S&P 500
This Quarter
Est. Return
+3.48%
1 Year Est. Return
+59.08%
3 Year Est. Return
+163.31%
5 Year Est. Return
+217%
10 Year Est. Return
+749.37%
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 | |
|---|---|---|---|---|---|---|
|
1
SPDR Gold Trust
GLD
$130B
| $22.2M | 6.51% |
123,064
+60,238
| +96% | +$10.6M |
|
2
Global X US Infrastructure Development ETF
PAVE
$14.2B
| $16.4M | 4.8% |
579,628
-5,138
| -0.9% | -$140K |
|
3
State Street Energy Select Sector SPDR ETF
XLE
$39.3B
| $15.2M | 4.46% |
398,418
-1,626
| -0.4% | -$56.3K |
|
4
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $12.5M | 3.66% |
247,316
+95,668
| +63% | +$4.84M |
|
5
Apple
AAPL
$4.72T
| $11.4M | 3.35% |
65,508
-9,347
| -12% | -$1.57M |
|
6
Amazon
AMZN
$2.51T
| $8.46M | 2.48% |
51,920
-1,120
| -2% | -$173K |
|
7
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.24B
| $8.28M | 2.42% |
80,727
-22,099
| -21% | -$2.3M |
|
8
Alphabet (Google) Class C
GOOG
$3.88T
| $8.23M | 2.41% |
58,940
-26,260
| -31% | -$3.57M |
|
|
9
Devon Energy
DVN
$52.2B
| $8.2M | 2.4% |
+138,618
| New | +$7.5M |
|
10
AbbVie
ABBV
$454B
| $8.15M | 2.39% |
50,301
-9,326
| -16% | -$1.35M |
|
11
Visa
V
$669B
| $8.14M | 2.38% |
36,706
-348
| -0.9% | -$75.3K |
|
|
12
Expedia Group
EXPE
$30.9B
| $7.54M | 2.21% |
+38,517
| New | +$7.21M |
|
|
13
iShares TIPS Bond ETF
TIP
$14.5B
| $7.11M | 2.08% |
57,095
-47,164
| -45% | -$5.93M |
|
14
State Street SPDR S&P Metals & Mining ETF
XME
$4.11B
| $6.65M | 1.95% |
108,466
+107,606
| +12,512% | +$5.48M |
|
|
15
VanEck Steel ETF
SLX
$163M
| $6.6M | 1.93% |
+97,333
| New | +$5.75M |
|
16
Qualcomm
QCOM
$180B
| $6.58M | 1.93% |
43,048
-267
| -0.6% | -$44.8K |
|
17
L3Harris
LHX
$55.8B
| $6.53M | 1.91% |
26,274
-515
| -2% | -$120K |
|
|
18
VanEck Semiconductor ETF
SMH
$69.8B
| $6.47M | 1.89% |
47,978
-41,386
| -46% | -$5.67M |
|
|
19
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$557M
| $6.41M | 1.88% |
+106,002
| New | +$5.96M |
|
20
Target
TGT
$61.1B
| $5.67M | 1.66% |
26,727
-8,543
| -24% | -$1.85M |
|
21
Invesco Senior Loan ETF
BKLN
$7.09B
| $5.53M | 1.62% |
254,188
-63,401
| -20% | -$1.39M |
|
22
McDonald's
MCD
$187B
| $5.53M | 1.62% |
22,369
+157
| +0.7% | +$39.1K |
|
23
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.74B
| $5.53M | 1.62% |
71,826
-8,669
| -11% | -$663K |
|
24
Walmart Inc
WMT
$863B
| $5.45M | 1.59% |
109,755
+5,436
| +5% | +$255K |
|
25
CVS Health
CVS
$136B
| $5.43M | 1.59% |
53,625
-21,590
| -29% | -$2.27M |
|
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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.