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Raffles Associates Portfolio holdings

AUM $115M
1-Year Est. Return 35.69%
This Fund
S&P 500
This Quarter Est. Return
+6.12%
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
$108M
AUM Growth
-$9.6M
Cap. Flow
-$12.4M
Cap. Flow %
-11.47%
Top 10 Hldgs %
73.72%
Holding
52
New
8
Increased
6
Reduced
6
Closed
10

Top Buys

Rank Stock Value
1
PARAA
Paramount Global Class A
PARAA
+$2.01M
2
MSOS icon
AdvisorShares Pure US Cannabis ETF
MSOS
+$1.73M
3
SES icon
SES AI
SES
+$1.36M
4
DISCK
Discovery, Inc. Series C Common Stock
DISCK
+$1.07M
5
JNUG icon
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
+$1.02M

Top Sells

Rank Stock Value
1
UVXY icon
ProShares Ultra VIX Short-Term Futures ETF
UVXY
+$4.2M
2
EXE
Expand Energy Corp
EXE
+$4.12M
3
FBP icon
First Bancorp
FBP
+$3.97M
4
PARA
Paramount Global Class B
PARA
+$2.85M
5
ECHO
EchoStar
ECHO
+$2.43M

Sector Composition

Rank Sector Weight
1 Financials 55.45%
2 Energy 17.15%
3 Communication Services 6.81%
4 Materials 3.71%
5 Industrials 3.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MFNC
51
DELISTED
Mackinac Financial Corporation
MFNC
– –
-38,465
Closed -$760K
TRQ
52
DELISTED
Turquoise Hill Resources Ltd
TRQ
– –
-50,000
Closed -$844K
1 2
3

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QA
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UAML
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RLH
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ACM
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B
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Raffles Associates's Q3 2021 Portfolio in Review

As of Q3 2021, Raffles Associates held 52 positions worth $108M, down 8.2% from $118M the previous quarter. Its ten largest holdings account for 74% of the portfolio.

Raffles Associates withdrew a net $12.4M in Q3 2021, closing 10 positions and reducing 6 holdings. Its most notable exit was ProShares Ultra VIX Short-Term Futures ETF, an estimated $4.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 55% of assets, up from 54% a quarter earlier, followed by Energy and Communication Services.

Against the trend, Raffles Associates opened a new position in Paramount Global Class A worth $1.89M.

  • Raffles Associates's largest Q3 2021 buy was Paramount Global Class A: 45,000 shares worth $1.89M.
  • Raffles Associates added most to Discovery, Inc. Series C Common Stock in Q3 2021, an estimated $1.07M increase.
  • Raffles Associates's biggest Q3 2021 reduction was Expand Energy Corp, cutting an estimated $4.12M.
  • Raffles Associates fully exited ProShares Ultra VIX Short-Term Futures ETF in Q3 2021, selling an estimated $4.2M.
  • Raffles Associates's ten largest holdings make up 74% of its $108M portfolio in Q3 2021.
  • Raffles Associates opened 8 new positions and closed 10 in Q3 2021.
  • Raffles Associates's portfolio value fell 8.2% quarter-over-quarter to $108M.

Based on Raffles Associates's 13F filing for Q3 2021, filed 16 Nov 2021.