RAFFLES ASSOCIATES LP

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
54
Total value ($000)
$133,317
Net value change ($000)
+25,901 (24.1%)
New positions
14
Sold out positions
9
Turnover %
28.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CBK 6,140 NEW
AGQ 5,884 NEW
GLIBA 5,143 NEW
AGQ 3,952 NEW
VZLA 1,750 24.0%
DUST 1,488 NEW
ATMP 1,324 NEW
SMBC 1,281 10.6%
MNR 1,270 NEW
ABTC 1,190 NEW
Top Reduces (Value $000, Stocks/ETFs)
PROSHARES TR II -3,602 -100.0%
PROSHARES TRUST -1,523 -100.0%
FCX -981 -100.0%
PROSHARES TRUST -723 -100.0%
PEP -702 -100.0%
NXE -538 -25.0%
RPT -445 -100.0%
MSOS -339 -15.4%
OFG -302 -5.8%
SOC -262 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type