Latest Riggs Asset Managment Co. Inc. Stock Portfolio
Riggs Asset Managment Co. Inc. Performance:
2024 Q3: 3.47%YTD: 7.7%2023: 12.33%
Performance for 2024 Q3 is 3.47%, and YTD is 7.7%, and 2023 is 12.33%.
About Riggs Asset Managment Co. Inc. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Riggs Asset Managment Co. Inc. reported an equity portfolio of $365.8 Millions as of 30 Sep, 2024.
The top stock holdings of Riggs Asset Managment Co. Inc. are AGNG, GLD, AIRR. The fund has invested 4.8% of it's portfolio in GLOBAL X FDS and 4.6% of portfolio in SPDR GOLD TR.
The fund managers got completely rid off SUPER MICRO COMPUTER INC (SMCI), INVESCO EXCHANGE TRADED FD T (CSD) and GRAYSCALE BITCOIN TR BTC stocks. They significantly reduced their stock positions in SPDR SER TR (BIL), ISHARES TR (AMPS) and INVESCO EXCH TRADED FD TR II (BAB). Riggs Asset Managment Co. Inc. opened new stock positions in ISHARES TR (IJR), NEWMONT CORP (NEM) and ETFIS SER TR I (AMZA). The fund showed a lot of confidence in some stocks as they added substantially to GOLDMAN SACHS GROUP INC (GS), VISTRA CORP (VST) and VANECK ETF TRUST (AFK).
The top stock holdings of Riggs Asset Managment Co. Inc. are AGNG, GLD, AIRR. The fund has invested 4.8% of it's portfolio in GLOBAL X FDS and 4.6% of portfolio in SPDR GOLD TR.
The fund managers got completely rid off SUPER MICRO COMPUTER INC (SMCI), INVESCO EXCHANGE TRADED FD T (CSD) and GRAYSCALE BITCOIN TR BTC stocks. They significantly reduced their stock positions in SPDR SER TR (BIL), ISHARES TR (AMPS) and INVESCO EXCH TRADED FD TR II (BAB). Riggs Asset Managment Co. Inc. opened new stock positions in ISHARES TR (IJR), NEWMONT CORP (NEM) and ETFIS SER TR I (AMZA). The fund showed a lot of confidence in some stocks as they added substantially to GOLDMAN SACHS GROUP INC (GS), VISTRA CORP (VST) and VANECK ETF TRUST (AFK).
Riggs Asset Managment Co. Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Riggs Asset Managment Co. Inc. made a return of 3.47% in the last quarter. In trailing 12 months, it's portfolio return was 15.4%.
New Buys
| Ticker | $ Bought |
|---|---|
| ishares tr | 8,886,770 |
| newmont corp | 5,398,290 |
| etfis ser tr i | 5,109,890 |
| kraneshares trust | 1,438,840 |
| talen energy corp | 1,001,350 |
| uranium energy corp | 501,278 |
| select sector spdr tr | 188,161 |
| first tr exchange-traded fd | 76,240 |
New stocks bought by Riggs Asset Managment Co. Inc.
Additions
| Ticker | % Inc. |
|---|---|
| goldman sachs group inc | 33,934 |
| vistra corp | 31,084 |
| vaneck etf trust | 25,118 |
| ishares tr | 16,759 |
| ishares tr | 11,090 |
| vaneck etf trust | 8,480 |
| pulte group inc | 7,042 |
| spdr ser tr | 4,521 |
Additions to existing portfolio by Riggs Asset Managment Co. Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| spdr ser tr | -99.94 |
| ishares tr | -99.92 |
| invesco exch traded fd tr ii | -99.9 |
| antero resources corp | -99.89 |
| spdr ser tr | -99.81 |
| ishares tr | -99.79 |
| kaiser aluminum corp | -99.56 |
| nucor corp | -93.41 |
Riggs Asset Managment Co. Inc. reduced stake in above stock
Sold off
Sector Distribution
Riggs Asset Managment Co. Inc. has about 53.8% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 53.8 |
| Technology | 18 |
| Financial Services | 6.5 |
| Industrials | 5.3 |
| Consumer Cyclical | 5.1 |
| Communication Services | 3 |
| Basic Materials | 2.6 |
| Consumer Defensive | 1.9 |
| Energy | 1.7 |
| Healthcare | 1.2 |
Market Cap. Distribution
Riggs Asset Managment Co. Inc. has about 40.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 53.8 |
| MEGA-CAP | 22.3 |
| LARGE-CAP | 18.5 |
| MID-CAP | 5 |
Stocks belong to which Index?
About 40.7% of the stocks held by Riggs Asset Managment Co. Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 59.3 |
| S&P 500 | 37.5 |
| RUSSELL 2000 | 3.2 |
Riggs Asset Managment Co. Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Riggs Asset Managment Co. Inc.
Riggs Asset Managment Co. Inc. has 633 stocks in it's portfolio. About 33.4% of the portfolio is in top 10 stocks. CRWD proved to be the most loss making stock for the portfolio. GLD was the most profitable stock for Riggs Asset Managment Co. Inc. last quarter.
Last Reported on: 24 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.00 | 11.00 | 1,634 | added | 450 | ||
| AA | alcoa corp | 0.00 | 19.00 | 734 | unchanged | 0.00 | ||
| AAPL | apple inc | 3.21 | 50,439 | 11,752,300 | added | 3.58 | ||
| AAXJ | ishares tr | 2.97 | 85,554 | 10,873,900 | reduced | -25.34 | ||
| AAXJ | ishares tr | 1.19 | 45,457 | 4,355,240 | added | 270 | ||
| AAXJ | ishares tr | 1.16 | 71,553 | 4,237,370 | reduced | -7.06 | ||
| AAXJ | ishares tr | 0.61 | 18,717 | 2,238,650 | added | 335 | ||
| AAXJ | ishares tr | 0.01 | 220 | 23,899 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.01 | 140 | 20,950 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.00 | 152 | 13,901 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.00 | 100 | 8,617 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.00 | 13.00 | 1,044 | reduced | -99.79 | ||
| ABBV | abbvie inc | 0.01 | 194 | 38,312 | added | 5.43 | ||
| ABT | abbott labs | 0.03 | 937 | 106,828 | added | 1.3 | ||
| ACES | alps etf tr | 2.62 | 203,080 | 9,571,160 | added | 1.48 | ||
| ACN | accenture plc ireland | 0.00 | 10.00 | 3,535 | unchanged | 0.00 | ||
| ADBE | adobe inc | 0.00 | 7.00 | 3,625 | unchanged | 0.00 | ||
| ADI | analog devices inc | 0.00 | 32.00 | 7,366 | unchanged | 0.00 | ||
| ADP | automatic data processing in | 0.01 | 202 | 55,900 | reduced | -7.34 | ||
| ADSK | autodesk inc | 0.00 | 5.00 | 1,378 | added | 25.00 | ||