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
+10.52%
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
$95.8M
AUM Growth
-$11.8M
(-11%)
Cap. Flow
-$17.7M
Cap. Flow
% of AUM
-18.52%
Top 10 Holdings %
Top 10 Hldgs %
48.6%
Holding
59
New
7
Increased
4
Reduced
20
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
GDP
GOODRICH PETROLEUM CORP(NEW)
GDP
|
+$3.22M |
| 2 |
HK
Halcon Resources Corporation
HK
|
+$1.8M |
| 3 |
CYNI
CYAN INC COM
CYNI
|
+$1.33M |
| 4 |
ARR
Armour Residential REIT
ARR
|
+$805K |
| 5 |
TRQ
Turquoise Hill Resources Ltd
TRQ
|
+$708K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STND
STANDARD FINANCIAL CORP COM STK
STND
|
+$4.37M |
| 2 |
FLY
Fly Leasing Limited
FLY
|
+$3.75M |
| 3 |
OBAF
OBA FINL SVCS INC COM STK (MD)
OBAF
|
+$2.8M |
| 4 |
CNX Resources
CNX
|
+$2.52M |
| 5 |
HTS
HATTERAS FINANCIAL CORP
HTS
|
+$1.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.17% |
| 2 | Materials | 14.7% |
| 3 | Industrials | 13.84% |
| 4 | Energy | 10.26% |
| 5 | Real Estate | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
CNX Resources
CNX
$4.85B
| – | – |
-90,000
| Closed | -$2.52M |
|
52
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$863M
| – | – |
-375
| Closed | -$754K |
|
|
PPBI
53
DELISTED
Pacific Premier Bancorp
PPBI
| – | – |
-70,173
| Closed | -$942K |
|
|
HTS
54
DELISTED
HATTERAS FINANCIAL CORP
HTS
| – | – |
-80,000
| Closed | -$1.5M |
|
|
OBAF
55
DELISTED
OBA FINL SVCS INC COM STK (MD)
OBAF
| – | – |
-147,407
| Closed | -$2.8M |
|
|
AMTG
56
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| – | – |
-50,000
| Closed | -$730K |
|
|
AMIC
57
DELISTED
AMERICAN INDEPENDENCE CORP
AMIC
| – | – |
-140,835
| Closed | -$1.4M |
|
|
VXX
58
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| – | – |
-1,563
| Closed | -$1.47M |
|
|
STND
59
DELISTED
STANDARD FINANCIAL CORP COM STK
STND
| – | – |
-239,508
| Closed | -$4.37M |
|
Similar funds
PPWM
NFS
QA
UAML
RLH
ACM
TCP
B
Raffles Associates's Q4 2013 Portfolio in Review
As of Q4 2013, Raffles Associates held 59 positions worth $95.8M, down 11% from $108M the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Raffles Associates withdrew a net $17.7M in Q4 2013, closing 9 positions and reducing 20 holdings. Its most notable exit was STANDARD FINANCIAL CORP COM STK, an estimated $4.37M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Materials and Industrials.
Against the trend, Raffles Associates opened a new position in GOODRICH PETROLEUM CORP(NEW) worth $2.55M.
- Raffles Associates's largest Q4 2013 buy was GOODRICH PETROLEUM CORP(NEW): 150,000 shares worth $2.55M.
- Raffles Associates added most to Armour Residential REIT in Q4 2013, an estimated $805K increase.
- Raffles Associates's biggest Q4 2013 reduction was Fly Leasing Limited, cutting an estimated $3.75M.
- Raffles Associates fully exited STANDARD FINANCIAL CORP COM STK in Q4 2013, selling an estimated $4.37M.
- Raffles Associates's ten largest holdings make up 49% of its $95.8M portfolio in Q4 2013.
- Raffles Associates opened 7 new positions and closed 9 in Q4 2013.
- Raffles Associates's portfolio value fell 11% quarter-over-quarter to $95.8M.
Based on Raffles Associates's 13F filing for Q4 2013, filed 14 Feb 2014.