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
-7.45%
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
$73.4M
AUM Growth
-$12M
Cap. Flow
-$4.2M
Cap. Flow %
-5.72%
Top 10 Hldgs %
63.48%
Holding
53
New
6
Increased
10
Reduced
12
Closed
7

Top Buys

Rank Stock Value
1
UNG icon
United States Natural Gas Fund
UNG
+$4.08M
2
UVXY icon
ProShares Ultra VIX Short-Term Futures ETF
UVXY
+$1.34M
3
DPST icon
Direxion Daily Regional Banks Bull 3X ETF
DPST
+$1.02M
4
MS icon
Morgan Stanley
MS
+$933K
5
MSOS icon
AdvisorShares Pure US Cannabis ETF
MSOS
+$662K

Top Sells

Rank Stock Value
1
BPOP icon
Popular Inc
BPOP
+$2.19M
2
B
Barrick Mining
B
+$2.15M
3
PARA
Paramount Global Class B
PARA
+$1.69M
4
OR icon
OR Royalties Inc
OR
+$1.08M
5
FBP icon
First Bancorp
FBP
+$1.05M

Sector Composition

Rank Sector Weight
1 Financials 61.87%
2 Miscellaneous 8.46%
3 Industrials 8.27%
4 Healthcare 7.31%
5 Energy 4.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KWEB icon
26
KraneShares CSI China Internet ETF
KWEB
$4.68B
$624K 0.85%
20,000
-5,000
-20% -$160K
OFG icon
27
OFG Bancorp
OFG
$2.24B
$624K 0.85%
25,000
+5,000
+25% +$140K
MSOS icon
28
AdvisorShares Pure US Cannabis ETF
MSOS
$971M
$569K 0.77%
+100,000
New +$662K
LSXMA
29
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
$502K 0.68%
24,332
– –
WNEB icon
30
Western New England Bancorp
WNEB
$281M
$492K 0.67%
59,923
-449
-0.7% -$4.25K
PBPB
31
DELISTED
Potbelly
PBPB
$462K 0.63%
55,460
-4,450
-7% -$33.5K
GPOR icon
32
Gulfport Energy Corp
GPOR
$3.11B
$440K 0.6%
5,500
-2,500
-31% -$181K
BATRK icon
33
Atlanta Braves Holdings Series B
BATRK
$3.25B
$438K 0.6%
13,000
-2,000
-13% -$67.3K
FSEA icon
34
First Seacoast Bancorp
FSEA
$80.8M
$419K 0.57%
48,595
– –
DPST icon
35
Direxion Daily Regional Banks Bull 3X ETF
DPST
$353M
$386K 0.52%
+5,000
New +$1.02M
BHB icon
36
Bar Harbor Bankshares
BHB
$686M
$349K 0.47%
13,182
+3,082
+31% +$91.3K
NWFL icon
37
Norwood Financial Corp
NWFL
$384M
$346K 0.47%
11,764
-1,200
-9% -$39.5K
ACDC icon
38
ProFrac Holding
ACDC
$883M
$317K 0.43%
25,000
– –
VZLA
39
Vizsla Silver
VZLA
$1.34B
$304K 0.41%
200,000
– –
SILJ icon
40
Amplify Junior Silver Miners ETF
SILJ
$3.82B
$222K 0.3%
20,000
-55,000
-73% -$582K
UBCP icon
41
United Bancorp
UBCP
$88.9M
$218K 0.3%
15,000
– –
ALTO icon
42
Alto Ingredients
ALTO
$317M
$150K 0.2%
100,000
-50,000
-33% -$137K
PAK
43
DELISTED
Global X MSCI Pakistan ETF
PAK
$127K 0.17%
+10,000
New +$137K
CLST icon
44
Catalyst Bancorp
CLST
$72.3M
$121K 0.17%
10,555
– –
BRBS icon
45
Blue Ridge Bankshares
BRBS
$360M
$102K 0.14%
10,000
– –
AWX icon
46
Avalon Holdings
AWX
$10.1M
$60.8K 0.08%
22,941
– –
AUB icon
47
Atlantic Union Bankshares
AUB
$5.7B
– –
-25,000
Closed -$879K
BX icon
48
Blackstone
BX
$95.1B
– –
-10,000
Closed -$742K
CRK icon
49
Comstock Resources
CRK
$4.2B
– –
-70,000
Closed -$960K
GDXJ icon
50
VanEck Junior Gold Miners ETF
GDXJ
$8.92B
– –
-25,000
Closed -$891K
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 Q1 2023 Portfolio in Review

As of Q1 2023, Raffles Associates held 53 positions worth $73.4M, down 14% from $85.4M the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Raffles Associates withdrew a net $4.2M in Q1 2023, closing 7 positions and reducing 12 holdings. Its most notable exit was Barrick Mining, an estimated $2.15M position sold in full.

By sector, the portfolio is most concentrated in Financials at 62% of assets, down from 66% a quarter earlier, followed by Miscellaneous and Industrials.

Against the trend, Raffles Associates opened a new position in United States Natural Gas Fund worth $3.12M.

  • Raffles Associates's largest Q1 2023 buy was United States Natural Gas Fund: 112,500 shares worth $3.12M.
  • Raffles Associates added most to Provident Financial in Q1 2023, an estimated $141K increase.
  • Raffles Associates's biggest Q1 2023 reduction was Popular Inc, cutting an estimated $2.19M.
  • Raffles Associates fully exited Barrick Mining in Q1 2023, selling an estimated $2.15M.
  • Raffles Associates's ten largest holdings make up 63% of its $73.4M portfolio in Q1 2023.
  • Raffles Associates opened 6 new positions and closed 7 in Q1 2023.
  • Raffles Associates's portfolio value fell 14% quarter-over-quarter to $73.4M.

Based on Raffles Associates's 13F filing for Q1 2023, filed 15 May 2023.