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
+8.99%
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
$145M
AUM Growth
+$46.9M
Cap. Flow
+$38.2M
Cap. Flow %
26.3%
Top 10 Hldgs %
47.75%
Holding
73
New
25
Increased
6
Reduced
8
Closed
8

Top Buys

Rank Stock Value
1
PNC icon
PNC Financial Services
PNC
+$9.21M
2
WFC icon
Wells Fargo
WFC
+$7.46M
3
AIG icon
American International
AIG
+$5.14M
4
STND
STANDARD FINANCIAL CORP COM STK
STND
+$5M
5
TBT icon
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
+$1.57M

Top Sells

Rank Stock Value
1
CPHR
Cipher Pharmaceuticals Inc.
CPHR
+$2.34M
2
PNC.WS
PNC Financial Services Group Inc
PNC.WS
+$1.87M
3
AIG.WS
American International Group, Inc.
AIG.WS
+$1.68M
4
WFC.WS
Wells Fargo & Company Ws
WFC.WS
+$1.58M
5
OSHC
Ocean Shore Holding Co.
OSHC
+$1.22M

Sector Composition

Rank Sector Weight
1 Financials 38.49%
2 Materials 14.19%
3 Industrials 8.97%
4 Energy 5.52%
5 Healthcare 2.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BPOP icon
1
Popular Inc
BPOP
$11B
$9.75M 6.71%
255,000
– –
PNC icon
2
PNC Financial Services
PNC
$100B
$9.67M 6.65%
+107,300
New +$9.21M
PROV icon
3
Provident Financial
PROV
$108M
$7.71M 5.31%
394,100
– –
SMBC icon
4
Southern Missouri Bancorp
SMBC
$855M
$7M 4.82%
280,958
– –
WFC icon
5
Wells Fargo
WFC
$261B
$6.9M 4.75%
+155,900
New +$7.46M
MPVD
6
DELISTED
Mountain Province Diamonds Inc.
MPVD
$6.2M 4.27%
1,184,019
+4,194
+0.4% +$20.7K
RLH
7
DELISTED
Red Lions Hotel Corporation
RLH
$5.91M 4.07%
708,711
-30,215
-4% -$222K
MAG
8
DELISTED
MAG Silver
MAG
$5.4M 3.72%
357,900
-15,000
-4% -$236K
AIG icon
9
American International
AIG
$41.9B
$5.34M 3.68%
+90,000
New +$5.14M
AER icon
10
AerCap
AER
$23.9B
$5.3M 3.65%
137,723
– –
CIFC
11
DELISTED
CIFC LLC Common Shares
CIFC
$5.13M 3.53%
459,246
-126,341
-22% -$1.13M
STND
12
DELISTED
STANDARD FINANCIAL CORP COM STK
STND
$5M 3.45%
+219,508
New +$5M
AGI icon
13
Alamos Gold
AGI
$12.4B
$4.1M 2.82%
500,000
– –
REIS
14
DELISTED
Reis, Inc.
REIS
$3.69M 2.54%
180,209
– –
CNX icon
15
CNX Resources
CNX
$4.85B
$3.65M 2.51%
228,000
– –
AGN
16
DELISTED
Allergan plc
AGN
$3.46M 2.38%
15,000
+2,000
+15% +$489K
CWAY
17
DELISTED
Coastway Bancorp, Inc.
CWAY
$2.42M 1.67%
177,000
– –
NSU
18
DELISTED
Nevsun Resources Ltd.
NSU
$2.28M 1.57%
752,800
– –
MAYS icon
19
J.W. Mays
MAYS
$78.6M
$2.07M 1.42%
44,939
– –
FLY
20
DELISTED
Fly Leasing Limited
FLY
$2.01M 1.38%
173,350
– –
WBKC
21
DELISTED
Wolverine Bancorp, Inc.
WBKC
$1.76M 1.21%
65,700
– –
TBT icon
22
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$293M
$1.58M 1.09%
+50,000
New +$1.57M
PLG
23
Platinum Group Metals
PLG
$164M
$1.51M 1.04%
55,175
– –
NVTR
24
DELISTED
Nuvectra Corporation Common Stock
NVTR
$1.49M 1.02%
214,675
+36,190
+20% +$249K
DYN
25
DELISTED
Dynegy, Inc.
DYN
$1.43M 0.98%
115,000
+15,000
+15% +$213K
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 Q3 2016 Portfolio in Review

As of Q3 2016, Raffles Associates held 73 positions worth $145M, up 48% from $98.4M the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Raffles Associates deployed $38.2M of net new capital in Q3 2016, opening 25 new positions and adding to 6 existing holdings. Its largest new stake was PNC Financial Services: 107,300 shares worth $9.67M.

By sector, the portfolio is most concentrated in Financials at 38% of assets, up from 30% a quarter earlier, followed by Materials and Industrials.

On the sell side, the largest reduction was CIFC LLC Common Shares, an estimated $1.13M trimmed.

  • Raffles Associates's largest Q3 2016 buy was PNC Financial Services: 107,300 shares worth $9.67M.
  • Raffles Associates added most to Evolution Petroleum in Q3 2016, an estimated $572K increase.
  • Raffles Associates's biggest Q3 2016 reduction was CIFC LLC Common Shares, cutting an estimated $1.13M.
  • Raffles Associates fully exited Cipher Pharmaceuticals Inc. in Q3 2016, selling an estimated $2.34M.
  • Raffles Associates's ten largest holdings make up 48% of its $145M portfolio in Q3 2016.
  • Raffles Associates opened 25 new positions and closed 8 in Q3 2016.
  • Raffles Associates's portfolio value rose 48% quarter-over-quarter to $145M.

Based on Raffles Associates's 13F filing for Q3 2016, filed 15 Nov 2016.