RAFFLES ASSOCIATES LP
Filing Date
Global Rank
#5,873
/ 8,517
▼ 36
Top Industry
Banks - Regional
55.0%
3Y Alpha vs SPY
-5.7%
Period ended 47 days ago
Filed Aug 14, 2026 · 2d
26 quarters · since Mar 2020
Clone Performance
Aug 2023–Aug 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+51.4%
SPY
+76.6%
Annualised alpha
-6.0%
Max drawdown
−27.6%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
42 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
15.5%
+2.3 pts
Top 5
49.2%
+9.1 pts
Top 10
70.4%
+5.4 pts
HHI
679
Diversified+135
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 57.6% | $59,620,991 |
| Communication Services | 14.6% | $15,097,374 |
| Basic Materials | 11.1% | $11,448,896 |
| Industrials | 9.3% | $9,599,265 |
| Healthcare | 4.9% | $5,093,577 |
| Real Estate | 1.7% | $1,732,809 |
| Energy | 0.9% | $939,000 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GLIBA | Liberty Capital Corp/NV | +421,541 | 567,763 | $12,240,970 | |
| PERI | Perion Network Ltd. | +65,500 | 235,779 | $2,289,414 | |
| NXE | NexGen Energy Ltd. | +50,000 | 100,000 | $939,000 | |
| CTGO | Contango Silver & Gold Inc. | +41,650 | 113,056 | $1,785,154 | |
| NBBK | NB Bancorp, Inc. | +17,000 | 31,874 | $673,497 | |
| AWX | Avalon Holdings Corp | +754 | 25,968 | $64,660 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
16 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AFBI | Affinity Bancshares, Inc. | −157,612 | 41,230 | $931,798 | |
| ABTC | American Bitcoin Corp. | −75,000 | 480,000 | $326,880 | |
| IE | Ivanhoe Electric Inc. | −55,000 | 477,077 | $4,584,709 | |
| JOB | GEE Group Inc. | −50,000 | 9,399,696 | $1,973,936 | |
| VZLA | Vizsla Silver Corp. | −50,000 | 1,454,010 | $4,798,233 | |
| OFG | Ofg Bancorp | −38,000 | 102,067 | $5,008,427 | |
| NSTS | NSTS Bancorp, Inc. | −37,185 | 56,589 | $778,664 | |
| ESOA | Energy Services of America CORP | −26,000 | 144,392 | $2,792,541 | |
| EBC | Eastern Bankshares, Inc. | −20,000 | 374,788 | $8,335,285 | |
| CBK | Commercial Bancgroup, Inc. | −15,148 | 233,110 | $7,527,121 | |
| SMBC | Southern Missouri Bancorp, Inc. | −11,732 | 211,153 | $16,091,970 | |
| VMD | Viemed Healthcare, Inc. | −10,000 | 403,691 | $4,602,077 | |
| COSO | CoastalSouth Bancshares, Inc. | −9,143 | 112,138 | $3,010,905 | |
| NWFL | Norwood Financial Corp | −1,500 | 10,949 | $352,010 | |
| ECBK | ECB Bancorp, Inc. /MD/ | −144 | 13,255 | $266,160 | |
| VABK | Virginia National Bankshares Corp | −20 | 18,792 | $833,988 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exited
5 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LCTX | Lineage Cell Therapeutics, Inc. | 5,362,788 | $8,473,205 | |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | 50,000 | $1,803,000 | |
| MNR | Mach Natural Resources LP | 115,000 | $1,610,000 | |
| FBP | First Bancorp /Pr/ | 31,874 | $680,828 | |
| HYNE | Hoyne Bancorp, Inc. | 23,897 | $345,909 | |
| No positions match the current search. | ||||
42 tracked positions ·
$103,531,912 total
· filing declares
47 positions · $110,529,148
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Energy
Financial Services
Healthcare
Industrials
Real Estate
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SMBC |
Southern Missouri Bancorp, Inc.
Financial Services
|
Reduced | 211,153 | $16,091,970 | 15.54% | |
| GLIBA |
Liberty Capital Corp/NV
Communication Services
|
Added | 567,763 | $12,240,970 | 11.82% | |
| EBC |
Eastern Bankshares, Inc.
Financial Services
|
Reduced | 374,788 | $8,335,285 | 8.05% | |
| CBK |
Commercial Bancgroup, Inc.
Financial Services
|
Reduced | 233,110 | $7,527,121 | 7.27% | |
| PROV |
Provident Financial Holdings Inc
Financial Services
|
Held | 391,118 | $6,727,229 | 6.50% | |
| OFG |
Ofg Bancorp
Financial Services
|
Reduced | 102,067 | $5,008,427 | 4.84% | |
| VZLA |
Vizsla Silver Corp.
Basic Materials
|
Reduced | 1,454,010 | $4,798,233 | 4.63% | |
| VMD |
Viemed Healthcare, Inc.
Healthcare
|
Reduced | 403,691 | $4,602,077 | 4.45% | |
| IE |
Ivanhoe Electric Inc.
Basic Materials
|
Reduced | 477,077 | $4,584,709 | 4.43% | |
| COSO |
CoastalSouth Bancshares, Inc.
Financial Services
|
Reduced | 112,138 | $3,010,905 | 2.91% | |
| ASLE |
AerSale Corp
Industrials
|
Held | 460,000 | $2,907,200 | 2.81% | |
| ESOA |
Energy Services of America CORP
Industrials
|
Reduced | 144,392 | $2,792,541 | 2.70% | |
| PERI |
Perion Network Ltd.
Communication Services
|
Added | 235,779 | $2,289,414 | 2.21% | |
| JOB |
GEE Group Inc.
Industrials
|
Reduced | 9,399,696 | $1,973,936 | 1.91% | |
| CTGO |
Contango Silver & Gold Inc.
Basic Materials
|
Added | 113,056 | $1,785,154 | 1.72% | |
| MAYS |
Mays J W Inc
Real Estate
|
Held | 44,431 | $1,732,809 | 1.67% | |
| NECB |
NorthEast Community Bancorp, Inc./MD/
Financial Services
|
Held | 59,500 | $1,650,530 | 1.59% | |
| MBBC |
Marathon Bancorp, Inc. /MD/
Financial Services
|
Held | 107,664 | $1,645,105 | 1.59% | |
| FBLA |
FB Bancorp, Inc. /MD/
Financial Services
|
Held | 97,099 | $1,462,310 | 1.41% | |
| JOF |
Japan Smaller Capitalization Fund Inc
Financial Services
|
Held | 110,967 | $1,307,191 | 1.26% | |
| TIPT |
Tiptree Inc.
Financial Services
|
Held | 55,801 | $999,953 | 0.97% | |
| FNWD |
Finward Bancorp
Financial Services
|
Held | 26,580 | $977,612 | 0.94% | |
| NXE |
NexGen Energy Ltd.
Energy
|
Added | 100,000 | $939,000 | 0.91% | |
| AFBI |
Affinity Bancshares, Inc.
Financial Services
|
Reduced | 41,230 | $931,798 | 0.90% | |
| NSSC |
Napco Security Technologies, Inc
Industrials
|
Held | 24,424 | $927,623 | 0.90% | |
| VABK |
Virginia National Bankshares Corp
Financial Services
|
Reduced | 18,792 | $833,988 | 0.81% | |
| NSTS |
NSTS Bancorp, Inc.
Financial Services
|
Reduced | 56,589 | $778,664 | 0.75% | |
| NBBK |
NB Bancorp, Inc.
Financial Services
|
Added | 31,874 | $673,497 | 0.65% | |
| KELYA |
Kelly Services Inc
Industrials
|
Held | 50,000 | $614,000 | 0.59% | |
| SIRI |
Sirius Xm Holdings Inc.
Communication Services
|
Held | 19,194 | $566,990 | 0.55% | |
| TRLV |
Trulieve Cannabis Corp.
Healthcare
|
NEW | 50,000 | $491,500 | 0.47% | |
| NWFL |
Norwood Financial Corp
Financial Services
|
Reduced | 10,949 | $352,010 | 0.34% | |
| ABTC |
American Bitcoin Corp.
Financial Services
|
Reduced | 480,000 | $326,880 | 0.32% | |
| UBCP |
United Bancorp Inc /Oh/
Financial Services
|
Held | 17,699 | $281,060 | 0.27% | |
| IAUX |
i-80 Gold Corp.
Basic Materials
|
Held | 195,000 | $280,800 | 0.27% | |
| ECBK |
ECB Bancorp, Inc. /MD/
Financial Services
|
Reduced | 13,255 | $266,160 | 0.26% | |
| FMNB |
Farmers National Banc Corp /Oh/
Financial Services
|
Held | 15,000 | $219,000 | 0.21% | |
| HHS |
Harte Hanks Inc
Industrials
|
Held | 87,757 | $189,555 | 0.18% | |
| CLST |
Catalyst Bancorp, Inc.
Financial Services
|
Held | 10,555 | $174,263 | 0.17% | |
| AP |
Ampco Pittsburgh Corp
Industrials
|
Held | 15,000 | $129,750 | 0.13% | |
| AWX |
Avalon Holdings Corp
Industrials
|
Added | 25,968 | $64,660 | 0.06% | |
| BRBS |
Blue Ridge Bankshares, Inc.
Financial Services
|
NEW | 11,341 | $40,033 | 0.04% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.