Raffles Associates’s NAUGATUCK VALLEY FINANCIAL CORP NVSL Stock Holding History

Raffles Associates’s Portfolio NVSL Stock Details NVSL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-103,671	Closed	-$1.12M	–	58
2015 Q3	$1.12M	Sell	103,671 -125,757	-55%	-$1.35M	1.18%	28
2015 Q2	$2.44M	Sell	229,428 -60,893	-21%	-$595K	2.37%	17
2015 Q1	$2.67M	Hold	290,321	–	–	2.8%	11
2014 Q4	$2.48M	Hold	290,321	–	–	2.36%	13
2014 Q3	$2.27M	Hold	290,321	–	–	2.01%	17
2014 Q2	$2.42M	Hold	290,321	–	–	1.95%	21
2014 Q1	$2.19M	Hold	290,321	–	–	2.18%	19
2013 Q4	$2.1M	Sell	290,321 -40,000	-12%	-$289K	2.19%	17
2013 Q3	$2.53M	Hold	330,321	–	–	2.35%	16
2013 Q2	$2.43M	Buy	+330,321	New	+$2.39M	2.52%	15

Other funds holding NVSL

GLAM

Gardner Lewis Asset Management Chadds Ford, Pennsylvania $462M AUM 65.29% 1-Year Est. Return

GWI

Grace & White Inc Ny, New York $632M AUM 34.34% 1-Year Est. Return

LBS

Lawrence B. Seidman $79.8M AUM 15.9% 1-Year Est. Return

CCM

Castine Capital Management Boston, Massachusetts $129M AUM 23.45% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Oppenheimer & Close New York $159M AUM 60.56% 1-Year Est. Return

COPPSERS

Commonwealth of Pennsylvania Public School Employees Retirement System Harrisburg, Pennsylvania $20.6B AUM 37.37% 1-Year Est. Return

PCA

PL Capital Advisors Naples, Florida $332M AUM 17.89% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BCM

BHZ Capital Management San Jose, California $88M AUM 9.79% 1-Year Est. Return

Raffles Associates's NVSL Position: Q4 2015 in Review

Raffles Associates sold out of NAUGATUCK VALLEY FINANCIAL CORP (NVSL) in Q4 2015, closing a stake of 103,671 shares — an estimated $1.12M sold.

Raffles Associates first reported a position in NVSL in Q2 2013 and held it in 10 quarters. The position peaked at $2.67M in Q1 2015. 27 funds tracked by Wall St. Rank hold NVSL as of Q4 2015.

Raffles Associates reported no remaining NAUGATUCK VALLEY FINANCIAL CORP position as of Q4 2015 after selling out during the quarter.
Raffles Associates sold 103,671 NAUGATUCK VALLEY FINANCIAL CORP shares in Q4 2015, an estimated $1.12M.
Raffles Associates first reported a position in NAUGATUCK VALLEY FINANCIAL CORP in Q2 2013 and held it in 10 quarters.
Raffles Associates's NAUGATUCK VALLEY FINANCIAL CORP position peaked at $2.67M in Q1 2015.
27 funds tracked by Wall St. Rank held NAUGATUCK VALLEY FINANCIAL CORP as of Q4 2015.

Based on Raffles Associates's 13F filing for Q4 2015, filed 16 Feb 2016.