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
-7.45%
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
$73.4M
AUM Growth
-$12M
Cap. Flow
-$4.2M
Cap. Flow %
-5.72%
Top 10 Hldgs %
63.48%
Holding
53
New
6
Increased
10
Reduced
12
Closed
7

Top Buys

Rank Stock Value
1
UNG icon
United States Natural Gas Fund
UNG
+$4.08M
2
UVXY icon
ProShares Ultra VIX Short-Term Futures ETF
UVXY
+$1.34M
3
DPST icon
Direxion Daily Regional Banks Bull 3X ETF
DPST
+$1.02M
4
MS icon
Morgan Stanley
MS
+$933K
5
MSOS icon
AdvisorShares Pure US Cannabis ETF
MSOS
+$662K

Top Sells

Rank Stock Value
1
BPOP icon
Popular Inc
BPOP
+$2.19M
2
B
Barrick Mining
B
+$2.15M
3
PARA
Paramount Global Class B
PARA
+$1.69M
4
OR icon
OR Royalties Inc
OR
+$1.08M
5
FBP icon
First Bancorp
FBP
+$1.05M

Sector Composition

Rank Sector Weight
1 Financials 61.87%
2 Industrials 8.27%
3 Healthcare 7.31%
4 Energy 4.25%
5 Materials 2.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SMBC icon
1
Southern Missouri Bancorp
SMBC
$862M
$8.8M 11.98%
235,206
+2,914
+1% +$131K
EBC icon
2
Eastern Bankshares
EBC
$5.27B
$7.3M 9.94%
578,330
– –
BPOP icon
3
Popular Inc
BPOP
$11B
$5.82M 7.92%
101,358
-33,642
-25% -$2.19M
PROV icon
4
Provident Financial
PROV
$111M
$5.33M 7.26%
391,349
+10,000
+3% +$141K
JOB icon
5
GEE Group
JOB
$22.8M
$3.79M 5.16%
9,132,465
+218,608
+2% +$99.1K
AFBI icon
6
Affinity Bancshares
AFBI
$140M
$3.56M 4.85%
248,607
– –
UNG icon
7
United States Natural Gas Fund
UNG
$450M
$3.12M 4.25%
+112,500
New +$4.08M
VMD icon
8
Viemed Healthcare
VMD
$447M
$3.07M 4.18%
317,418
+15,000
+5% +$131K
WMPN
9
DELISTED
William Penn Bancorporation Common Stock
WMPN
$3.06M 4.17%
270,000
– –
FBP icon
10
First Bancorp
FBP
$4.41B
$2.77M 3.78%
242,874
-80,000
-25% -$1.05M
LCTX icon
11
Lineage Cell Therapeutics
LCTX
$264M
$2.31M 3.14%
1,536,946
– –
MAYS icon
12
J.W. Mays
MAYS
$78.6M
$1.96M 2.66%
44,439
– –
OR icon
13
OR Royalties Inc
OR
$5.53B
$1.74M 2.37%
110,000
-80,000
-42% -$1.08M
VOXX
14
DELISTED
VOXX International Corporation Class A
VOXX
$1.67M 2.27%
135,500
– –
VABK icon
15
Virginia National Bankshares
VABK
$248M
$1.45M 1.98%
40,344
– –
REPX icon
16
Riley Exploration Permian
REPX
$728M
$1.31M 1.79%
34,500
-12,000
-26% -$387K
NSSC icon
17
Napco Security Technologies
NSSC
$1.3B
$1.26M 1.71%
33,424
– –
TURN
18
DELISTED
180 Degree Capital
TURN
$1.24M 1.68%
245,866
+1,595
+0.7% +$8.47K
UVXY icon
19
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$259M
$1.16M 1.58%
+1,000
New +$1.34M
NXE icon
20
NexGen Energy
NXE
$5.91B
$1.05M 1.43%
275,000
+25,000
+10% +$108K
ESOA icon
21
Energy Services of America
ESOA
$262M
$968K 1.32%
422,725
+52,200
+14% +$128K
NECB icon
22
Northeast Community Bancorp
NECB
$373M
$892K 1.21%
68,000
+3,000
+5% +$44.9K
MS icon
23
Morgan Stanley
MS
$319B
$878K 1.2%
+10,000
New +$933K
NSTS icon
24
NSTS Bancorp
NSTS
$66.7M
$853K 1.16%
93,813
– –
FNWD icon
25
Finward Bancorp
FNWD
$192M
$811K 1.1%
27,872
– –
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
CF
Carter Financial La Jolla, California $115M AUM

Raffles Associates's Q1 2023 Portfolio in Review

As of Q1 2023, Raffles Associates held 53 positions worth $73.4M, down 14% from $85.4M the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Raffles Associates withdrew a net $4.2M in Q1 2023, closing 7 positions and reducing 12 holdings. Its most notable exit was Barrick Mining, an estimated $2.15M position sold in full.

By sector, the portfolio is most concentrated in Financials at 62% of assets, down from 66% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Raffles Associates opened a new position in United States Natural Gas Fund worth $3.12M.

  • Raffles Associates's largest Q1 2023 buy was United States Natural Gas Fund: 112,500 shares worth $3.12M.
  • Raffles Associates added most to Provident Financial in Q1 2023, an estimated $141K increase.
  • Raffles Associates's biggest Q1 2023 reduction was Popular Inc, cutting an estimated $2.19M.
  • Raffles Associates fully exited Barrick Mining in Q1 2023, selling an estimated $2.15M.
  • Raffles Associates's ten largest holdings make up 63% of its $73.4M portfolio in Q1 2023.
  • Raffles Associates opened 6 new positions and closed 7 in Q1 2023.
  • Raffles Associates's portfolio value fell 14% quarter-over-quarter to $73.4M.

Based on Raffles Associates's 13F filing for Q1 2023, filed 15 May 2023.