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RA
Raffles Associates Portfolio holdings
AUM
$115M
1-Year Est. Return
35.69%
This Fund
S&P 500
This Quarter
Est. Return
-0.04%
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
$85.4M
AUM Growth
-$8.32M
(-8.9%)
Cap. Flow
-$5.84M
Cap. Flow
% of AUM
-6.84%
Top 10 Holdings %
Top 10 Hldgs %
64.27%
Holding
63
New
13
Increased
3
Reduced
8
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
B
Barrick Mining
B
|
+$1.99M |
| 2 |
Comstock Resources
CRK
|
+$1.19M |
| 3 |
NexGen Energy
NXE
|
+$1.04M |
| 4 |
Blackstone
BX
|
+$864K |
| 5 |
Atlantic Union Bankshares
AUB
|
+$854K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AUY
Yamana Gold, Inc.
AUY
|
+$2.36M |
| 2 |
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
|
+$1.58M |
| 3 |
ProShares Ultra VIX Short-Term Futures ETF
UVXY
|
+$1.54M |
| 4 |
AdvisorShares Pure US Cannabis ETF
MSOS
|
+$1.32M |
| 5 |
Insteel Industries
IIIN
|
+$1.19M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 65.77% |
| 2 | Industrials | 7.38% |
| 3 | Materials | 6.19% |
| 4 | Energy | 5.45% |
| 5 | Healthcare | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Insteel Industries
IIIN
$592M
| – | – |
-45,000
| Closed | -$1.19M |
|
|
52
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$348M
| – | – |
-60,000
| Closed | -$1.58M |
|
53
Kelly Services Class A
KELYA
$548M
| – | – |
-10,000
| Closed | -$136K |
|
54
KraneShares Asia Pacific High Income Bond ETF
KHYB
$15.7M
| – | – |
-13,190
| Closed | -$336K |
|
55
Liberty Latin America Class C
LILAK
$1.69B
| – | – |
-110,000
| Closed | -$615K |
|
|
MAG
56
DELISTED
MAG Silver
MAG
| – | – |
-55,000
| Closed | -$686K |
|
|
57
AdvisorShares Pure US Cannabis ETF
MSOS
$814M
| – | – |
-148,000
| Closed | -$1.32M |
|
58
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$840M
| – | – |
-25,000
| Closed | -$633K |
|
|
ODV
59
DELISTED
Osisko Development Corp
ODV
| – | – |
-75,634
| Closed | -$344K |
|
|
60
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$259M
| – | – |
-480
| Closed | -$1.54M |
|
61
Valaris
VAL
$5.14B
| – | – |
-5,000
| Closed | -$245K |
|
62
Warner Bros
WBD
$64.3B
| – | – |
-100,000
| Closed | -$1.15M |
|
|
AUY
63
DELISTED
Yamana Gold, Inc.
AUY
| – | – |
-520,000
| Closed | -$2.36M |
|
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B
Raffles Associates's Q4 2022 Portfolio in Review
As of Q4 2022, Raffles Associates held 63 positions worth $85.4M, down 8.9% from $93.8M the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Raffles Associates withdrew a net $5.84M in Q4 2022, closing 16 positions and reducing 8 holdings. Its most notable exit was Yamana Gold, Inc., an estimated $2.36M position sold in full.
By sector, the portfolio is most concentrated in Financials at 66% of assets, up from 63% a quarter earlier, followed by Industrials and Materials.
Against the trend, Raffles Associates opened a new position in Barrick Mining worth $2.15M.
- Raffles Associates's largest Q4 2022 buy was Barrick Mining: 125,000 shares worth $2.15M.
- Raffles Associates added most to Energy Services of America in Q4 2022, an estimated $428K increase.
- Raffles Associates's biggest Q4 2022 reduction was Popular Inc, cutting an estimated $1.04M.
- Raffles Associates fully exited Yamana Gold, Inc. in Q4 2022, selling an estimated $2.36M.
- Raffles Associates's ten largest holdings make up 64% of its $85.4M portfolio in Q4 2022.
- Raffles Associates opened 13 new positions and closed 16 in Q4 2022.
- Raffles Associates's portfolio value fell 8.9% quarter-over-quarter to $85.4M.
Based on Raffles Associates's 13F filing for Q4 2022, filed 15 Feb 2023.