Skip to content
Disclosery

RAFFLES ASSOCIATES LP

Follow

13F filer, CIK 1169581, NEW YORK, NY

RAFFLES ASSOCIATES LP reported $115,263,971 across 49 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-15. Its ten largest share positions make up 60.73% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001062993-26-002711

Period
2026-03-31
Reported value
$115M
Holdings
49
Top 10 weight
60.73%
New
5
Sold out
10

Largest buys vs the previous quarter

SecurityShares changeApprox. value
JETSnew+75,000$1.85M
TMFnew+50,000$1.8M
MSOSadded+245,000$870K
SCOnew+100,000$832K
OFGadded+20,000$809K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
UVXYexited-110,000-$3.95M
UUPexited-125,000-$3.38M
FBPreduced-101,000-$2.16M
GLLreduced-95,000-$1.92M
DIR DLY GOL MN IDX BR 2X ETFexited-200,000-$1.49M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2026

Share positions as resolved from 13F-HR 0001062993-26-002711, largest first. % of portfolio is the value over $115,263,971, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SMBCSOUTHERN MO BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 233,047 shares; 2024Q4: 229,086 shares; 2025Q1: 229,249 shares; 2025Q2: 229,249 shares; 2025Q3: 229,086 shares; 2025Q4: 225,334 shares; 2026Q1: 222,885 shares 222,885$14.3M12.36%-2,449Timeline
LCTXLINEAGE CELL THERAPEUTICS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 4,507,781 shares; 2024Q4: 5,492,088 shares; 2025Q1: 5,642,088 shares; 2025Q2: 5,392,088 shares; 2025Q3: 5,387,788 shares; 2025Q4: 5,362,788 shares; 2026Q1: 5,362,788 shares 5,362,788$8.47M7.35%0Timeline
EBCEASTERN BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 349,788 shares; 2024Q4: 349,788 shares; 2025Q1: 359,788 shares; 2025Q2: 359,788 shares; 2025Q3: 359,788 shares; 2025Q4: 359,788 shares; 2026Q1: 394,788 shares 394,788$7.72M6.7%+35,000Timeline
CBKCOMMERCIAL BANCGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 250,000 shares; 2026Q1: 248,258 shares 248,258$6.46M5.6%-1,742Timeline
PROVPROVIDENT FINL HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 393,420 shares; 2024Q4: 393,420 shares; 2025Q1: 393,420 shares; 2025Q2: 391,791 shares; 2025Q3: 391,791 shares; 2025Q4: 391,239 shares; 2026Q1: 391,118 shares 391,118$6.3M5.47%-121Timeline
IEIVANHOE ELECTRIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,111,077 shares; 2024Q4: 1,111,077 shares; 2025Q1: 1,086,077 shares; 2025Q2: 956,077 shares; 2025Q3: 648,077 shares; 2025Q4: 573,077 shares; 2026Q1: 532,077 shares 532,077$6.29M5.46%-41,000Timeline
OFGOFG BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 120,067 shares; 2024Q4: 130,067 shares; 2025Q1: 120,067 shares; 2025Q2: 120,067 shares; 2025Q3: 120,067 shares; 2025Q4: 120,067 shares; 2026Q1: 140,067 shares 140,067$5.67M4.92%+20,000Timeline
GLIBKLIBERTY CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 138,216 shares; 2026Q1: 146,222 shares 146,222$5.44M4.72%+8,006Timeline
VZLAVIZSLA SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,694,010 shares; 2024Q4: 1,719,010 shares; 2025Q1: 1,719,010 shares; 2025Q2: 1,689,010 shares; 2025Q3: 1,689,010 shares; 2025Q4: 1,654,010 shares; 2026Q1: 1,504,010 shares 1,504,010$4.96M4.31%-150,000Timeline
AFBIAFFINITY BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 198,919 shares; 2024Q4: 199,130 shares; 2025Q1: 199,130 shares; 2025Q2: 199,130 shares; 2025Q3: 199,130 shares; 2025Q4: 198,842 shares; 2026Q1: 198,842 shares 198,842$4.43M3.84%0Timeline
VMDVIEMED HEALTHCARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 402,691 shares; 2024Q4: 402,691 shares; 2025Q1: 402,691 shares; 2025Q2: 402,691 shares; 2025Q3: 417,691 shares; 2025Q4: 417,691 shares; 2026Q1: 413,691 shares 413,691$3.81M3.31%-4,000Timeline
COSOCOASTALSOUTH BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 124,281 shares; 2025Q4: 121,281 shares; 2026Q1: 121,281 shares 121,281$2.98M2.59%0Timeline
ASLEAERSALE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 115,000 shares; 2024Q4: 455,000 shares; 2025Q1: 455,000 shares; 2025Q2: 485,000 shares; 2025Q3: 430,000 shares; 2025Q4: 480,000 shares; 2026Q1: 460,000 shares 460,000$2.86M2.48%-20,000Timeline
GLLPROSHARES TR IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 225,000 shares; 2026Q1: 130,000 shares 130,000$2.62M2.28%-95,000Timeline
MSOSADVISORSHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 253,000 shares; 2024Q4: 158,000 shares; 2025Q1: 410,000 shares; 2025Q2: 410,000 shares; 2025Q3: 460,000 shares; 2025Q4: 395,000 shares; 2026Q1: 640,000 shares 640,000$2.27M1.97%+245,000Timeline
JOBGEE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 9,499,638 shares; 2024Q4: 9,533,737 shares; 2025Q1: 9,508,737 shares; 2025Q2: 9,508,737 shares; 2025Q3: 9,508,737 shares; 2025Q4: 9,508,737 shares; 2026Q1: 9,449,696 shares 9,449,696$2.27M1.97%-59,041Timeline
ESOAENERGY SERVICES OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 170,533 shares; 2024Q4: 130,133 shares; 2025Q1: 178,133 shares; 2025Q2: 169,392 shares; 2025Q3: 169,392 shares; 2025Q4: 199,392 shares; 2026Q1: 170,392 shares 170,392$2.24M1.94%-29,000Timeline
JETSETF SER SOLUTIONSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 75,000 shares 75,000$1.85M1.6%newTimeline
TMFDIREXION SHARES ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 50,000 shares 50,000$1.8M1.56%newTimeline
MAYSMAYS J W INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 44,439 shares; 2024Q4: 44,439 shares; 2025Q1: 44,439 shares; 2025Q2: 44,438 shares; 2025Q3: 44,438 shares; 2025Q4: 44,431 shares; 2026Q1: 44,431 shares 44,431$1.77M1.53%0Timeline
PERIPERION NETWORK LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 40,000 shares; 2025Q4: 95,000 shares; 2026Q1: 170,279 shares 170,279$1.7M1.48%+75,279Timeline
MNRMACH NATURAL RESOURCES LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 115,000 shares; 2026Q1: 115,000 shares 115,000$1.61M1.4%0Timeline
MBBCMARATHON BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 107,664 shares; 2025Q3: 107,664 shares; 2025Q4: 107,664 shares; 2026Q1: 107,664 shares 107,664$1.46M1.26%0Timeline
NECBNORTHEAST CMNTY BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 61,500 shares; 2024Q4: 59,500 shares; 2025Q1: 59,500 shares; 2025Q2: 59,500 shares; 2025Q3: 59,500 shares; 2025Q4: 59,500 shares; 2026Q1: 59,500 shares 59,500$1.42M1.23%0Timeline
CTGOCONTANGO SILVER & GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 12,203 shares; 2024Q4: 46,554 shares; 2025Q1: 83,837 shares; 2025Q2: 71,406 shares; 2025Q3: 71,406 shares; 2025Q4: 71,406 shares; 2026Q1: 71,406 shares 71,406$1.34M1.16%0Timeline
FBLAFB BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 73,664 shares; 2025Q2: 78,664 shares; 2025Q3: 97,099 shares; 2025Q4: 97,099 shares; 2026Q1: 97,099 shares 97,099$1.33M1.16%0Timeline
JOFJAPAN SMALLER CAPITALIZATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 224,025 shares; 2024Q4: 248,168 shares; 2025Q1: 245,368 shares; 2025Q2: 138,849 shares; 2025Q3: 147,289 shares; 2025Q4: 139,462 shares; 2026Q1: 110,967 shares 110,967$1.21M1.05%-28,495Timeline
NSTSNSTS BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 93,813 shares; 2024Q4: 93,813 shares; 2025Q1: 93,813 shares; 2025Q2: 93,774 shares; 2025Q3: 93,774 shares; 2025Q4: 93,774 shares; 2026Q1: 93,774 shares 93,774$1.09M0.95%0Timeline
FNWDFINWARD BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 27,321 shares; 2024Q4: 27,321 shares; 2025Q1: 27,321 shares; 2025Q2: 26,580 shares; 2025Q3: 26,580 shares; 2025Q4: 26,580 shares; 2026Q1: 26,580 shares 26,580$965K0.84%0Timeline
NSSCNAPCO SEC TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 27,424 shares; 2024Q4: 27,424 shares; 2025Q1: 27,424 shares; 2025Q2: 24,424 shares; 2025Q3: 24,424 shares; 2025Q4: 24,424 shares; 2026Q1: 24,424 shares 24,424$962K0.83%0Timeline
TIPTTIPTREE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 30,801 shares; 2024Q4: 30,801 shares; 2025Q1: 30,801 shares; 2025Q2: 30,801 shares; 2025Q3: 51,801 shares; 2025Q4: 40,801 shares; 2026Q1: 55,801 shares 55,801$944K0.82%+15,000Timeline
SCOPROSHARES TR IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 100,000 shares 100,000$832K0.72%newTimeline
VABKVIRGINIA NATL BK CHRLOTSVLEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 26,867 shares; 2024Q4: 21,037 shares; 2025Q1: 21,052 shares; 2025Q2: 19,036 shares; 2025Q3: 18,836 shares; 2025Q4: 18,836 shares; 2026Q1: 18,812 shares 18,812$719K0.62%-24Timeline
FBPFIRST BANCORP CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 242,874 shares; 2024Q4: 242,874 shares; 2025Q1: 132,874 shares; 2025Q2: 132,874 shares; 2025Q3: 132,874 shares; 2025Q4: 132,874 shares; 2026Q1: 31,874 shares 31,874$681K0.59%-101,000Timeline
NXENEXGEN ENERGY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 220,000 shares; 2024Q4: 195,000 shares; 2025Q1: 305,000 shares; 2025Q2: 290,000 shares; 2025Q3: 240,000 shares; 2025Q4: 175,000 shares; 2026Q1: 50,000 shares 50,000$580K0.5%-125,000Timeline
ABTCAMERICAN BITCOIN CORP.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 700,000 shares; 2026Q1: 555,000 shares 555,000$513K0.45%-145,000Timeline
SIRISIRIUSXM HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 19,194 shares; 2024Q4: 19,194 shares; 2025Q1: 19,194 shares; 2025Q2: 19,194 shares; 2025Q3: 19,194 shares; 2025Q4: 19,194 shares; 2026Q1: 19,194 shares 19,194$443K0.38%0Timeline
KELYAKELLY SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 66,790 shares; 2025Q1: 51,790 shares; 2025Q2: 51,790 shares; 2025Q3: 51,790 shares; 2025Q4: 86,790 shares; 2026Q1: 50,000 shares 50,000$442K0.38%-36,790Timeline
NWFLNORWOOD FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 20,000 shares; 2025Q1: 20,000 shares; 2025Q2: 13,863 shares; 2025Q3: 12,863 shares; 2025Q4: 12,449 shares; 2026Q1: 12,449 shares 12,449$366K0.32%0Timeline
HYNEHOYNE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 23,897 shares; 2026Q1: 23,897 shares 23,897$346K0.3%0Timeline
NBBKNB BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 11,154 shares; 2024Q4: 11,136 shares; 2025Q1: 11,136 shares; 2025Q2: 31,136 shares; 2025Q3: 31,136 shares; 2025Q4: 28,374 shares; 2026Q1: 14,874 shares 14,874$313K0.27%-13,500Timeline
IAUXI-80 GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 300,000 shares; 2025Q3: not reported; 2025Q4: 195,000 shares; 2026Q1: 195,000 shares 195,000$296K0.26%0Timeline
UBCPUNITED BANCORP INC OHIOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 15,346 shares; 2024Q4: 15,353 shares; 2025Q1: 17,699 shares; 2025Q2: 17,699 shares; 2025Q3: 17,699 shares; 2025Q4: 17,699 shares; 2026Q1: 17,699 shares 17,699$269K0.23%0Timeline
ECBKECB BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 48,921 shares; 2024Q4: 42,461 shares; 2025Q1: 32,684 shares; 2025Q2: 28,099 shares; 2025Q3: 16,142 shares; 2025Q4: 14,253 shares; 2026Q1: 13,399 shares 13,399$224K0.19%-854Timeline
HHSHARTE HANKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 19,037 shares; 2025Q3: 69,364 shares; 2025Q4: 87,755 shares; 2026Q1: 87,757 shares 87,757$199K0.17%+2Timeline
FMNBFARMERS NATIONAL BANC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 15,000 shares 15,000$197K0.17%newTimeline
CLSTCATALYST BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 10,555 shares; 2024Q4: 10,555 shares; 2025Q1: 10,555 shares; 2025Q2: 10,555 shares; 2025Q3: 10,555 shares; 2025Q4: 10,555 shares; 2026Q1: 10,555 shares 10,555$175K0.15%0Timeline
APAMPCO-PITTSBURG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 15,000 shares 15,000$101K0.09%newTimeline
AWXAVALON HLDGS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 22,941 shares; 2024Q4: 22,941 shares; 2025Q1: 22,941 shares; 2025Q2: 22,941 shares; 2025Q3: 25,214 shares; 2025Q4: 25,214 shares; 2026Q1: 25,214 shares 25,214$65.3K0.06%0Timeline

Sold out in Q1 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
UVXYPROSHARES TR II110,000$3.95Mshares
UUPINVESCO DB US DLR INDEX TR125,000$3.38Mshares
DIR DLY GOL MN IDX BR 2X ETFDIR DLY GOL MN IDX BR 2X ETF200,000$1.49Mshares
PKSTPEAKSTONE REALTY TRUST97,078$1.39Mshares
VXXBARCLAYS BANK PLC50,000$1.32Mshares
Direxion Daily Junior Gold …Direxion Daily Junior Gold Miners…425,000$1.12Mshares
VGVENTURE GLOBAL INC100,000$682Kshares
ALTOALTO INGREDIENTS INC100,000$288Kshares
PROSHARES TR IIPROSHARES TR II50,000$267Kshares
GFRGREENFIRE RES LTD NEW10,444$49.7Kshares

How Q1 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001062993-26-002711 base2026-05-15acceptance time not in the bulk data set