Raffles Associates
Raffles Associates reported 48 stocks worth $228M in its 13F filing for Q2 2026, filed Aug 17, 2026. Its largest holdings are SMBC (14.1%), GLIBK (10.7%) and EBC (7.3%). Compared with Q1 2026, the fund opened new positions in UVXY, MSOX and TRLV, added to SMBC, GLIBK and EBC, trimmed LCTX, MSOS and GLL and sold out of JETS, TMF and MNR.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  SMBC Southern MO Bancorp Inc | $32.2M | 14.1% | 422K | +199K (+89%) | 8 of 8 | |
| 2 |  GLIBK Gci Liberty Inc | $24.5M | 10.7% | 1.1M | +989K (+677%) | 3 of 8 | |
| 3 |  EBC Eastern Bankshares Inc | $16.7M | 7.3% | 750K | +355K (+90%) | 8 of 8 | |
| 4 |  CBK Commercial Bancgroup Inc | $15.1M | 6.6% | 466K | +218K (+88%) | 3 of 8 | |
| 5 |  PROV Provident Finl Hldgs Inc | $13.5M | 5.9% | 782K | +391K (+100%) | 8 of 8 | |
| 6 |  OFG Ofg Bancorp | $10M | 4.4% | 204K | +64K (+46%) | 8 of 8 | |
| 7 |  VZLA Vizsla Silver | $9.6M | 4.2% | 2.9M | +1.4M (+93%) | 8 of 8 | |
| 8 |  VMD Viemed Healthcare Inc | $9.2M | 4.0% | 807K | +394K (+95%) | 8 of 8 | |
| 9 |  IE Ivanhoe Electric Inc | $9.2M | 4.0% | 954K | +422K (+79%) | 8 of 8 | |
| 10 |  UVXY Proshares TR II | $7M | 3.0% | 280K | New position | 2 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 JETS ETF Ser Solutions | $1.8M | 75K |
 TMF Direxion Shs ETF TR | $1.8M | 50K |
 MNR Mach Natural Resources LP | $1.6M | 115K |
PROSHARES TR II | $832K | 100K |
 FBP First Bancorp P R | $681K | 32K |
🔒 Free account: see all 6.
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 17, 2026 | 13F-HR/A Amendment | Q2 2026 | SEC filing ↗ |
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Includes an amendment, which can add positions the fund kept confidential at first, or replace the original report.
Other superinvestors
All hedge fund holdings →Raffles Associates 13F FAQ
What does Raffles Associates own?
Raffles Associates reported 48 stocks worth $228M in its 13F filing for Q2 2026, filed Aug 17, 2026. Its largest holdings are SMBC (14.1%), GLIBK (10.7%) and EBC (7.3%). The table above lists every position in the filing (the top 10 without an account).
What did Raffles Associates buy and sell in Q2 2026?
Compared with Q1 2026: 5 new positions, 39 added to, 4 trimmed and 6 sold out. New positions include UVXY, MSOX and TRLV. It sold all of JETS, TMF and MNR.
When will Raffles Associates file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Raffles Associates's portfolio worth?
The Q2 2026 filing reports $228M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.