We are live on ! Find out more
RA

Raffles Associates Portfolio holdings

AUM $115M
1-Year Est. Return 35.69%
This Fund
S&P 500
This Quarter Est. Return
+14.29%
1 Year Est. Return
+35.69%
3 Year Est. Return
+44.69%
5 Year Est. Return
+37.47%
10 Year Est. Return
+130.35%
AUM
$79.1M
AUM Growth
+$3.62M
Cap. Flow
-$5.3M
Cap. Flow %
-6.7%
Top 10 Hldgs %
65.05%
Holding
55
New
9
Increased
11
Reduced
13
Closed
8

Top Buys

Rank Stock Value
1
UVXY icon
ProShares Ultra VIX Short-Term Futures ETF
UVXY
+$1.61M
2
RNGR icon
Ranger Energy Services
RNGR
+$1.21M
3
OXY icon
Occidental Petroleum
OXY
+$915K
4
EFC
Ellington Financial
EFC
+$866K
5
IE icon
Ivanhoe Electric
IE
+$793K

Top Sells

Rank Stock Value
1
TMF icon
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
+$3.37M
2
BPOP icon
Popular Inc
BPOP
+$2.48M
3
SCO icon
ProShares UltraShort Bloomberg Crude Oil
SCO
+$2.44M
4
OFG icon
OFG Bancorp
OFG
+$988K
5
OR icon
OR Royalties Inc
OR
+$918K

Sector Composition

Rank Sector Weight
1 Financials 61.26%
2 Industrials 9.37%
3 Materials 7.18%
4 Healthcare 6.39%
5 Energy 5.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EFC
26
Ellington Financial
EFC
$1.69B
$868K 1.1%
+68,320
New +$866K
VZLA
27
Vizsla Silver
VZLA
$1.11B
$820K 1.04%
655,604
+135,285
+26% +$147K
IE icon
28
Ivanhoe Electric
IE
$1.4B
$756K 0.96%
+75,000
New +$793K
ODV
29
DELISTED
Osisko Development Corp
ODV
$707K 0.89%
+242,938
New +$733K
FNWD icon
30
Finward Bancorp
FNWD
$191M
$690K 0.87%
27,321
-101
-0.4% -$2.16K
PKST
31
DELISTED
Peakstone Realty Trust
PKST
$677K 0.86%
33,987
– –
ECBK icon
32
ECB Bancorp
ECBK
$179M
$634K 0.8%
50,486
+15,000
+42% +$169K
TIPT icon
33
Tiptree Inc
TIPT
$688M
$570K 0.72%
+30,060
New +$520K
MAG
34
DELISTED
MAG Silver
MAG
$521K 0.66%
+50,000
New +$534K
LSXMA
35
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
$514K 0.65%
17,878
– –
SCOR icon
36
Comscore
SCOR
$107M
$437K 0.55%
26,181
+2,953
+13% +$37.9K
VOXX
37
DELISTED
VOXX International Corporation Class A
VOXX
$425K 0.54%
39,837
-60,218
-60% -$597K
LXU icon
38
LSB Industries
LXU
$834M
$423K 0.53%
45,400
+20,400
+82% +$186K
REPX icon
39
Riley Exploration Permian
REPX
$733M
$371K 0.47%
13,606
-7,000
-34% -$198K
FSEA icon
40
First Seacoast Bancorp
FSEA
$79.5M
$245K 0.31%
31,796
-15,000
-32% -$103K
KBUY
41
DELISTED
KraneShares CICC China Consumer Leaders Index ETF
KBUY
$210K 0.27%
14,500
+4,000
+38% +$61.5K
UBCP icon
42
United Bancorp
UBCP
$93.1M
$193K 0.24%
15,000
– –
RPT
43
Rithm Property Trust
RPT
$95.1M
$162K 0.2%
+5,092
New +$157K
ACDC icon
44
ProFrac Holding
ACDC
$675M
$127K 0.16%
15,000
– –
CLST icon
45
Catalyst Bancorp
CLST
$70.5M
$114K 0.14%
10,555
– –
WNEB icon
46
Western New England Bancorp
WNEB
$292M
$110K 0.14%
12,169
-47,754
-80% -$364K
AWX icon
47
Avalon Holdings
AWX
$10.1M
$54.8K 0.07%
22,941
– –
BHB icon
48
Bar Harbor Bankshares
BHB
$667M
– –
-14,182
Closed -$335K
GPOR icon
49
Gulfport Energy Corp
GPOR
$2.78B
– –
-4,000
Closed -$475K
KGC icon
50
Kinross Gold
KGC
$27.8B
– –
-50,000
Closed -$228K
1
2
3

Similar funds

PPWM
Perissos Private Wealth Management Bethany, Oklahoma $115M AUM 18.9% 1-Year Est. Return
NFS
NewCorp Financial Services Alpharetta, Georgia $115M AUM
QA
Quattro Advisors Pittsburgh, Pennsylvania $115M AUM
UAML
US Asset Management LLC Pittsburgh, Pennsylvania $115M AUM 27.6% 1-Year Est. Return
RLH
RD Lewis Holdings Maitland, Florida $115M AUM 32.13% 1-Year Est. Return
ACM
Arthedge Capital Management Jericho, New York $115M AUM 2.88% 1-Year Est. Return
TCP
TSG Consumer Partners Larkspur, California $115M AUM 17.95% 1-Year Est. Return
B
Bayban Bayport, Minnesota $115M AUM

Raffles Associates's Q4 2023 Portfolio in Review

As of Q4 2023, Raffles Associates held 55 positions worth $79.1M, up 4.8% from $75.5M the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Raffles Associates withdrew a net $5.3M in Q4 2023, closing 8 positions and reducing 13 holdings. Its most notable exit was Direxion Daily 20+ Year Treasury Bull 3X ETF, an estimated $3.37M position sold in full.

By sector, the portfolio is most concentrated in Financials at 61% of assets, up from 59% a quarter earlier, followed by Industrials and Materials.

Against the trend, Raffles Associates opened a new position in ProShares Ultra VIX Short-Term Futures ETF worth $1.05M.

  • Raffles Associates's largest Q4 2023 buy was ProShares Ultra VIX Short-Term Futures ETF: 5,000 shares worth $1.05M.
  • Raffles Associates added most to Eastern Bankshares in Q4 2023, an estimated $620K increase.
  • Raffles Associates's biggest Q4 2023 reduction was Popular Inc, cutting an estimated $2.48M.
  • Raffles Associates fully exited Direxion Daily 20+ Year Treasury Bull 3X ETF in Q4 2023, selling an estimated $3.37M.
  • Raffles Associates's ten largest holdings make up 65% of its $79.1M portfolio in Q4 2023.
  • Raffles Associates opened 9 new positions and closed 8 in Q4 2023.
  • Raffles Associates's portfolio value rose 4.8% quarter-over-quarter to $79.1M.

Based on Raffles Associates's 13F filing for Q4 2023, filed 14 Feb 2024.