RAFFLES ASSOCIATES LP Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$133.3M

Holdings

54

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (54 positions)

#StockSharesValue% PortfolioType
1
SMBCSOUTHERN MO BANCORP INC
225,334$13.3M9.99%
2
IEIVANHOE ELECTRIC INC
573,077$9.2M6.87%
3
VZLAVIZSLA SILVER CORP
1,654,010$9.0M6.79%
4
LCTXLINEAGE CELL THERAPEUTICS IN
5,362,788$9.0M6.72%
5
EBCEASTERN BANKSHARES INC
359,788$6.6M4.97%
6
PROVPROVIDENT FINL HLDGS INC
391,239$6.2M4.67%
7
CBKCOMMERCIAL BANCGROUP INC
250,000$6.1M4.61%
8
GLLPROSHARES TR II
225,000$5.9M4.41%
9
GLIBKGCI LIBERTY INC
138,216$5.1M3.86%
10
OFGOFG BANCORP
120,067$4.9M3.69%
11
AFBIAFFINITY BANCSHARES INC
198,842$4.1M3.05%
12
UVXYPROSHARES TR II
110,000$4.0M2.96%
13
ASLEAERSALE CORPORATION
480,000$3.4M2.56%
14
UUPINVESCO DB US DLR INDEX TR
125,000$3.4M2.53%
15
VMDVIEMED HEALTHCARE INC
417,691$3.1M2.33%
16
COSOCOASTALSOUTH BANCSHARES INC
121,281$2.8M2.11%
17
FBPFIRST BANCORP P R
132,874$2.8M2.07%
18
CTGOCONTANGO ORE INC
71,406$1.9M1.41%
19
MSOSADVISORSHARES TR
395,000$1.9M1.40%
20
JOBGEE GROUP INC
9,508,737$1.9M1.39%
21
MAYSMAYS J W INC
44,431$1.8M1.33%
22
ESOAENERGY SVCS ACQUISITION CORP
199,392$1.6M1.22%
23
NXENEXGEN ENERGY LTD
175,000$1.6M1.21%
24
JOFJAPAN SMALLER CAPITALIZATION
139,462$1.5M1.16%
25
DUSTDIREXION SHS ETF TR
200,000$1.5M1.12%
26
PKSTPEAKSTONE REALTY TRUST
97,078$1.4M1.04%
27
NECBNORTHEAST CMNTY BANCORP INC
59,500$1.3M1.01%
28
VXXBARCLAYS BANK PLC
50,000$1.3M0.99%
29
MBBCMARATHON BANCORP INC
107,664$1.3M0.98%
30
MNRMACH NATURAL RESOURCES LP
115,000$1.3M0.95%
31
FBLAFB BANCORP INC
97,099$1.2M0.94%
32
NSTSNSTS BANCORP INC
93,774$1.2M0.91%
33
ABTCAMERICAN BITCOIN CORP.
700,000$1.2M0.89%
34
JDSTDIREXION SHS ETF TR
425,000$1.1M0.84%
35
NSSCNAPCO SEC TECHNOLOGIES INC
24,424$1.0M0.76%
36
FNWDFINWARD BANCORP
26,580$935K0.70%
37
PERIPERION NETWORK LTD
95,000$910K0.68%
38
KELYAKELLY SVCS INC
86,790$763K0.57%
39
VABKVIRGINIA NATL BANKSHARES COR
18,836$750K0.56%
40
TIPTTIPTREE INC
40,801$745K0.56%
41
VGVENTURE GLOBAL INC
100,000$682K0.51%
42
NBBKNB BANCORP INC
28,374$562K0.42%
43
SIRISIRIUSXM HOLDINGS INC
19,194$383K0.29%
44
NWFLNORWOOD FINANCIAL CORP
12,449$349K0.26%
45
HYNEHOYNE BANCORP INC
23,897$346K0.26%
46
ALTOALTO INGREDIENTS INC
100,000$288K0.22%
47
IAUI-80 GOLD CORP
195,000$284K0.21%
48
ZSLPROSHARES TR II
50,000$267K0.20%
49
HHSHARTE HANKS INC
87,755$264K0.20%
50
UBCPUNITED BANCORP INC OHIO
17,699$253K0.19%
51
ECBKECB BANCORP INC
14,253$247K0.19%
52
CLSTCATALYST BANCORP INC
10,555$166K0.12%
53
AWXAVALON HLDGS CORP
25,214$67K0.05%
54
GFRGREENFIRE RES LTD NEW
10,444$49K0.04%