RAFFLES ASSOCIATES LP

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
62
Quarter
2025 Q4
Top Holding
SMBC (10.0%)
Top 10 Concentration
56.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 62
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SMBC
SOUTHERN MO BAN...
Financial Services 9.99% 11.21% #1
Prev: #1
4.0 -3,752 -1.6%
P
S
225,334 $13,321,746 2006 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IE
IVANHOE ELECTRI...
Basic Materials 6.87% 7.57% #2 1
Prev: #3
2.8 -75,000 -11.6%
P
S
573,077 $9,157,770 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VZLA
VIZSLA SILVER C...
Basic Materials 6.79% 6.79% #3 1
Prev: #4
2.7 -35,000 -2.1%
P
S
1,654,010 $9,047,435 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LCTX
LINEAGE CELL TH...
Healthcare 6.72% 8.48% #4 2
Prev: #2
2.7 -25,000 -0.5%
P
S
5,362,788 $8,955,856 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EBC
EASTERN BANKSHA...
Financial Services 4.97% 6.08% #5
Prev: #5
2.0 no change no change
P
S
359,788 $6,630,893 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PROV
PROVIDENT FINL ...
Financial Services 4.67% 5.74% #6
Prev: #6
1.9 -552 -0.1%
P
S
391,239 $6,224,612 2008 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CBK
COMMERCIAL BANC...
Financial Services 4.61% #7
Prev: #—
3.8 250,000 no change
NEW
250,000 $6,140,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GLL
PROSHARES TR II
ETF 4.41% #8
Prev: #—
3.8 225,000 no change
NEW
225,000 $5,883,750 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GLIBK
GCI LIBERTY INC
Communication Services 3.86% #9
Prev: #—
3.5 138,216 no change
NEW
138,216 $5,143,017 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
OFG
OFG BANCORP
Financial Services 3.69% 4.86% #10 3
Prev: #7
1.5 no change no change
P
S
120,067 $4,920,346 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AFBI
AFFINITY BANCSH...
Financial Services 3.05% 3.66% #11 3
Prev: #8
1.2 -288 -0.1%
P
S
198,842 $4,070,296 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UVXY
PROSHARES TR II
ETF 2.96% 3.35% #12 3
Prev: #9
1.4 -235,000 -68.1%
P
S
110,000 $3,952,300 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ASLE
AERSALE CORPORA...
Industrials 2.56% 3.28% #13 3
Prev: #10
3.1 50,000 11.6%
P
S
480,000 $3,412,800 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
UUP
INVESCO DB US D...
ETF 2.53% 2.18% #14
Prev: #14
3.2 40,000 47.1%
P
S
125,000 $3,378,750 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VMD
VIEMED HEALTHCA...
Healthcare 2.33% 2.64% #15 3
Prev: #12
0.9 no change no change
P
S
417,691 $3,103,444 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
COSO
COASTALSOUTH BA...
Financial Services 2.12% 2.52% #16 3
Prev: #13
0.9 -3,000 -2.4%
P
S
121,281 $2,819,783 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FBP
FIRST BANCORP P...
Financial Services 2.07% 2.73% #17 6
Prev: #11
0.8 no change no change
P
S
132,874 $2,754,478 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CTGO
CONTANGO ORE IN...
Basic Materials 1.41% 1.66% #18
Prev: #18
0.6 no change no change
P
S
71,406 $1,885,832 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MSOS
ADVISORSHARES T...
ETF 1.40% 2.05% #19 4
Prev: #15
0.6 -65,000 -14.1%
P
S
395,000 $1,864,400 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
JOB
GEE GROUP INC
Industrials 1.39% 1.83% #20 3
Prev: #17
0.6 no change no change
P
S
9,508,737 $1,855,155 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MAYS
MAYS J W INC
Real Estate 1.33% 1.57% #21 1
Prev: #20
0.5 -7 -0.0%
P
S
44,431 $1,774,574 2006 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ESOA
ENERGY SVCS ACQ...
Industrials 1.22% 1.63% #22 3
Prev: #19
2.5 30,000 17.7%
P
S
199,392 $1,629,033 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NXE
NEXGEN ENERGY L...
Energy 1.21% 2.00% #23 7
Prev: #16
0.6 -65,000 -27.1%
P
S
175,000 $1,610,000 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JOF
JAPAN SMALLER C...
Financial Services 1.16% 1.45% #24 3
Prev: #21
0.5 -7,827 -5.3%
P
S
139,462 $1,545,239 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DUST
DIREXION SHS ET...
ETF 1.12% #25
Prev: #—
2.4 200,000 no change
NEW
200,000 $1,488,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SQQQ
PROSHARES TR
Unknown 0.00% 1.42%
Sold All 😨
(Was: #22)
0.3 -100,000 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FCX
FREEPORT-MCMORA...
Basic Materials 0.00% 0.91%
Sold All 😨
(Was: #30)
0.3 -25,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SDS
PROSHARES TR
ETF 0.00% 0.67%
Sold All 😨
(Was: #33)
0.3 -50,000 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PEP
PEPSICO INC
Consumer Defensive 0.00% 0.65%
Sold All 😨
(Was: #34)
0.3 -5,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RPT
RITHM PPTY TR I...
Real Estate 0.00% 0.41%
Sold All 😨
(Was: #38)
0.3 -176,520 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SOC
SABLE OFFSHORE ...
Energy 0.00% 0.24%
Sold All 😨
(Was: #41)
0.3 -15,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HAIN
HAIN CELESTIAL ...
Consumer Defensive 0.00% 0.14%
Sold All 😨
(Was: #45)
0.3 -95,160 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MLCI
MOUNT LOGAN CAP...
Financial Services 0.00% 0.08%
Sold All 😨
(Was: #48)
0.3 -11,440 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 62 holdings

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