We are live on ! Find out more
RA

Raffles Associates Portfolio holdings

AUM $117M
1-Year Est. Return 22.1%
This Fund
S&P 500
This Quarter Est. Return
-0.46%
1 Year Est. Return
+22.1%
3 Year Est. Return
+49.97%
5 Year Est. Return
+31.55%
10 Year Est. Return
+123.72%
AUM
$105M
AUM Growth
-$7.58M
Cap. Flow
-$3.06M
Cap. Flow %
-2.9%
Top 10 Hldgs %
48.78%
Holding
72
New
9
Increased
10
Reduced
8
Closed
15

Top Buys

Rank Stock Value
1
CPHR
Cipher Pharmaceuticals Inc.
CPHR
+$7.84M
2
OSHC
Ocean Shore Holding Co.
OSHC
+$1.79M
3
MR
Montage Resources Corporation Common Stock
MR
+$1.33M
4
TRQ
Turquoise Hill Resources Ltd
TRQ
+$1.31M
5
RRC icon
Range Resources
RRC
+$1.29M

Top Sells

Rank Stock Value
1
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
+$3.12M
2
EOX
EMERALD OIL INC (MT)
EOX
+$3.06M
3
MLVF
Malvern Bancorp, Inc.
MLVF
+$2.74M
4
GDP
GOODRICH PETROLEUM CORP(NEW)
GDP
+$2.22M
5
ISBC
Investors Bancorp, Inc.
ISBC
+$1.59M

Sector Composition

Rank Sector Weight
1 Financials 33.02%
2 Industrials 14.2%
3 Miscellaneous 12.61%
4 Materials 10.99%
5 Energy 9.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ARR
26
Armour Residential REIT
ARR
$2.19B
$1.29M 1.22%
8,750
-2,500
-22% -$390K
WAYN
27
DELISTED
Wayne Savings Bancshares Inc
WAYN
$1.26M 1.2%
94,005
– –
FWONK icon
28
Liberty Media Series C
FWONK
$24B
$1.25M 1.19%
50,515
-16,317
-24% -$401K
JO
29
DELISTED
iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038
JO
$1.19M 1.13%
39,000
-10,000
-20% -$354K
COWN
30
DELISTED
Cowen Inc. Class A Common Stock
COWN
$1.08M 1.03%
56,250
– –
CHEV
31
DELISTED
CHEVIOT FINL CORP
CHEV
$995K 0.94%
70,000
– –
PBIP
32
DELISTED
Prudential Bancorp, Inc.
PBIP
$979K 0.93%
78,303
+16,000
+26% +$195K
AAV
33
DELISTED
Advantage Oil & Gas Ltd
AAV
$959K 0.91%
200,000
– –
PLG
34
Platinum Group Metals
PLG
$187M
$892K 0.85%
18,815
+6,000
+47% +$426K
NSSC icon
35
Napco Security Technologies
NSSC
$1.3B
$880K 0.84%
374,372
– –
WLFC icon
36
Willis Lease Finance
WLFC
$1.19B
$858K 0.81%
117,507
– –
MR
37
DELISTED
Montage Resources Corporation Common Stock
MR
$844K 0.8%
+8,000
New +$1.33M
HK
38
DELISTED
Halcon Resources Corporation
HK
$801K 0.76%
2,610
+290
+13% +$134K
VPG icon
39
Vishay Precision Group
VPG
$871M
$753K 0.71%
43,865
-18,000
-29% -$300K
PBCP
40
DELISTED
POLONIA BANCORP INC MD
PBCP
$731K 0.69%
+70,000
New +$721K
AYR
41
DELISTED
Aircastle Ltd
AYR
$647K 0.61%
30,254
– –
CHFN
42
DELISTED
Charter Financial Corp
CHFN
$642K 0.61%
56,027
-86,773
-61% -$971K
FWONA icon
43
Liberty Media Series A
FWONA
$21.8B
$631K 0.6%
26,590
-8,536
-24% -$201K
VOLT
44
DELISTED
Volt Information Sciences, Inc.
VOLT
$537K 0.51%
50,000
– –
AWX icon
45
Avalon Holdings
AWX
$10.4M
$531K 0.5%
202,569
-12,400
-6% -$41.9K
NSU
46
DELISTED
Nevsun Resources Ltd.
NSU
$448K 0.43%
100,000
– –
LBRDK
47
DELISTED
Liberty Broadband Class C
LBRDK
$445K 0.42%
+8,939
New +$440K
RSX
48
DELISTED
VanEck Russia ETF
RSX
$366K 0.35%
+25,000
New +$491K
MFNC
49
DELISTED
Mackinac Financial Corporation
MFNC
$356K 0.34%
30,000
– –
BSIN
50
Big Sky Industrial
BSIN
$86.6M
$318K 0.3%
3,576
+135
+4% +$17K
1
2
3

Similar funds

CFG
CSP Financial Group Scottsdale, Arizona $117M AUM
TCM
TABR Capital Management Orange, California $117M AUM 33.23% 1-Year Est. Return
MTI
Merrithew & Thorsten Inc San Diego, California $117M AUM
EFT
Envision Financial Transparency Greensboro, North Carolina $117M AUM
PCC
Park Circle Company Baltimore, Maryland $117M AUM 23.78% 1-Year Est. Return
WCM
Weber Capital Management San Francisco, California $118M AUM
AC
Arrow Capital Sydney, Australia $118M AUM 60.07% 1-Year Est. Return
OCM
Obion Capital Management Miami, Florida $118M AUM

Raffles Associates's Q4 2014 Portfolio in Review

As of Q4 2014, Raffles Associates held 72 positions worth $105M, down 6.7% from $113M the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Raffles Associates's Q4 2014 filing shows 9 new, 10 increased, 8 reduced and 15 closed positions. Its largest new stake was Cipher Pharmaceuticals Inc.: 540,300 shares worth $7.8M. The largest sale was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019, an estimated $3.12M.

By sector, the portfolio is most concentrated in Financials at 33% of assets, up from 32% a quarter earlier, followed by Industrials and Miscellaneous.

  • Raffles Associates's largest Q4 2014 buy was Cipher Pharmaceuticals Inc.: 540,300 shares worth $7.8M.
  • Raffles Associates added most to Turquoise Hill Resources Ltd in Q4 2014, an estimated $1.31M increase.
  • Raffles Associates's biggest Q4 2014 reduction was Investors Bancorp, Inc., cutting an estimated $1.59M.
  • Raffles Associates fully exited iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in Q4 2014, selling an estimated $3.12M.
  • Raffles Associates's ten largest holdings make up 49% of its $105M portfolio in Q4 2014.
  • Raffles Associates opened 9 new positions and closed 15 in Q4 2014.
  • Raffles Associates's portfolio value fell 6.7% quarter-over-quarter to $105M.

Based on Raffles Associates's 13F filing for Q4 2014, filed 13 Feb 2015.