RAFFLES ASSOCIATES LP — 13F Holdings & Portfolio
CIK 1169581 · latest 13F-HR filed 2026-05-15
RAFFLES ASSOCIATES LP manages $115.3M in 13F-reported U.S. long-equity assets across 49 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SMBC (12.36%), LCTX (7.35%), EBC (6.70%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 10, added to 20, and trimmed 16.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$115.3M
Long-equity book
49
Distinct positions
2026-03-31
Filed 2026-05-15
+5 / −10 / ↑20 / ↓16
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- EASTERN BANKSHARES INC$1.1M +16.5%
- SOUTHERN MO BANCORP INC$929.5K +7.0%
- PERION NETWORK LTD$791.0K +86.9%
- OFG BANCORP$746.8K +15.2%
- VIEMED HEALTHCARE INC$706.6K +22.8%
Top Trims
- VIZSLA SILVER CORP-$4.1M -45.1%
- PROSHARES TR II-$3.3M -55.4%
- IVANHOE ELECTRIC INC-$2.9M -31.3%
- FIRST BANCORP CORPORATION-$2.1M -75.3%
- NEXGEN ENERGY LTD-$1.0M -64.0%
New Positions
- ETF SER SOLUTIONS$1.8M
- DIREXION SHARES ETF TRUST$1.8M
- PROSHARES TR II$832.0K
- FARMERS NATIONAL BANC CORP$197.4K
- AMPCO-PITTSBURG CORP$100.8K
Exited Positions
- PROSHARES TR II$4.0M
- INVESCO DB US DLR INDEX TR$3.4M
- DIREXION SHS ETF TR$1.5M
- PEAKSTONE REALTY TRUST$1.4M
- BARCLAYS BANK PLC$1.3M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SOUTHERN MO BANCORP INC | SMBC | 843380106 | $14.3M | 12.36% | 222,885 | SH |
| 2 | LINEAGE CELL THERAPEUTICS IN | LCTX | 53566P109 | $8.5M | 7.35% | 5,362,788 | SH |
| 3 | EASTERN BANKSHARES INC | EBC | 27627N105 | $7.7M | 6.70% | 394,788 | SH |
| 4 | COMMERCIAL BANCGROUP INC | CBK | 20112C106 | $6.5M | 5.60% | 248,258 | SH |
| 5 | PROVIDENT FINL HLDGS INC | PROV | 743868101 | $6.3M | 5.47% | 391,118 | SH |
| 6 | IVANHOE ELECTRIC INC | IE | 46578C108 | $6.3M | 5.46% | 532,077 | SH |
| 7 | OFG BANCORP | OFG | 67103X102 | $5.7M | 4.92% | 140,067 | SH |
| 8 | GCI LIBERTY INC | GLIBK | 36164V800 | $5.4M | 4.72% | 146,222 | SH |
| 9 | VIZSLA SILVER CORP | VZLA | 92859G608 | $5.0M | 4.31% | 1,504,010 | SH |
| 10 | AFFINITY BANCSHARES INC | AFBI | 00832E103 | $4.4M | 3.84% | 198,842 | SH |
| 11 | VIEMED HEALTHCARE INC | VMD | 92663R105 | $3.8M | 3.31% | 413,691 | SH |
| 12 | COASTALSOUTH BANCSHARES INC | COSO | 19058X207 | $3.0M | 2.59% | 121,281 | SH |
| 13 | AERSALE CORPORATION | ASLE | 00810F106 | $2.9M | 2.48% | 460,000 | SH |
| 14 | PROSHARES TR II | GLL | 74347Y698 | $2.6M | 2.28% | 130,000 | SH |
| 15 | ADVISORSHARES TR | MSOS | 00768Y453 | $2.3M | 1.97% | 640,000 | SH |
| 16 | GEE GROUP INC | JOB | 36165A102 | $2.3M | 1.97% | 9,449,696 | SH |
| 17 | ENERGY SERVICES OF AMER CORP | ESOA | 29271Q103 | $2.2M | 1.94% | 170,392 | SH |
| 18 | ETF SER SOLUTIONS | JETS | 26922A842 | $1.8M | 1.60% | 75,000 | SH |
| 19 | DIREXION SHARES ETF TRUST | TMF | 25460G138 | $1.8M | 1.56% | 50,000 | SH |
| 20 | MAYS J W INC | MAYS | 578473100 | $1.8M | 1.53% | 44,431 | SH |
| 21 | PERION NETWORK LTD | PERI | M78673114 | $1.7M | 1.48% | 170,279 | SH |
| 22 | MACH NATURAL RESOURCES LP | MNR | 55445L100 | $1.6M | 1.40% | 115,000 | SH |
| 23 | MARATHON BANCORP INC | MBBC | 565759206 | $1.5M | 1.26% | 107,664 | SH |
| 24 | NORTHEAST CMNTY BANCORP INC | NECB | 664121100 | $1.4M | 1.23% | 59,500 | SH |
| 25 | CONTANGO SILVER & GOLD INC | CTGO | 21077F100 | $1.3M | 1.16% | 71,406 | SH |
| 26 | FB BANCORP INC | FBLA | 31425A109 | $1.3M | 1.16% | 97,099 | SH |
| 27 | JAPAN SMALLER CAPITALIZATION | JOF | 47109U104 | $1.2M | 1.05% | 110,967 | SH |
| 28 | NSTS BANCORP INC | NSTS | 6293JP109 | $1.1M | 0.95% | 93,774 | SH |
| 29 | FINWARD BANCORP | FNWD | 31812F109 | $964.9K | 0.84% | 26,580 | SH |
| 30 | NAPCO SEC TECHNOLOGIES INC | NSSC | 630402105 | $962.1K | 0.83% | 24,424 | SH |
| 31 | TIPTREE INC | TIPT | 88822Q103 | $944.2K | 0.82% | 55,801 | SH |
| 32 | PROSHARES TR II | SCO | 74347Y797 | $832.0K | 0.72% | 100,000 | SH |
| 33 | VIRGINIA NATL BK CHRLOTSVLE | VABK | 928031103 | $718.6K | 0.62% | 18,812 | SH |
| 34 | FIRST BANCORP CORPORATION | FBP | 318672706 | $680.8K | 0.59% | 31,874 | SH |
| 35 | NEXGEN ENERGY LTD | NXE | 65340P106 | $580.0K | 0.50% | 50,000 | SH |
| 36 | AMERICAN BITCOIN CORP. | ABTC | 02462A104 | $513.0K | 0.45% | 555,000 | SH |
| 37 | SIRIUSXM HOLDINGS INC | SIRI | 829933100 | $443.0K | 0.38% | 19,194 | SH |
| 38 | KELLY SVCS INC | KELYA | 488152208 | $442.5K | 0.38% | 50,000 | SH |
| 39 | NORWOOD FINANCIAL CORP | NWFL | 669549107 | $366.2K | 0.32% | 12,449 | SH |
| 40 | HOYNE BANCORP INC | HYNE | 44326H107 | $345.9K | 0.30% | 23,897 | SH |
| 41 | NB BANCORP INC | NBBK | 63945M107 | $313.4K | 0.27% | 14,874 | SH |
| 42 | I-80 GOLD CORP | IAUX | 44955L106 | $296.4K | 0.26% | 195,000 | SH |
| 43 | UNITED BANCORP INC OHIO | UBCP | 909911109 | $269.2K | 0.23% | 17,699 | SH |
| 44 | ECB BANCORP INC | ECBK | 26828M106 | $224.2K | 0.19% | 13,399 | SH |
| 45 | HARTE HANKS INC | HHS | 416196202 | $199.2K | 0.17% | 87,757 | SH |
| 46 | FARMERS NATIONAL BANC CORP | FMNB | 309627107 | $197.4K | 0.17% | 15,000 | SH |
| 47 | CATALYST BANCORP INC | CLST | 14888L101 | $174.8K | 0.15% | 10,555 | SH |
| 48 | AMPCO-PITTSBURG CORP | AP | 032037103 | $100.8K | 0.09% | 15,000 | SH |
| 49 | AVALON HLDGS CORP | AWX | 05343P109 | $65.3K | 0.06% | 25,214 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $115.3M | 49 | 0001062993-26-002711 |
| 2025-12-31 | 2026-02-17 | $133.3M | 54 | 0001062993-26-000967 |
| 2025-09-30 | 2025-11-14 | $107.4M | 49 | 0001062993-25-016861 |