RAFFLES ASSOCIATES LP Information

ONE PENN PLAZA, NEW YORK, New York, 10119, (212) 760-2322

Report Date: 12/31/2014

Position Statistics

Total Positions 72
New Positions 7
Increased Positions 17
Decreased Positions 22
Positions with Activity 39
Sold Out Positions 15
Total Mkt Value (in $ millions) 102

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 9.65%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 8.56%
Financial 44.78%
Healthcare 4.83%
Services 27.25%
Technology 0.69%
Transportation
Utilities

17 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CIPHER PHARMACEUTICALS INC COM 4,901 4,901 New 540,300
GASTAR EXPL INC NEW COM 3,216 655 25.57 1,227,582
TURQUOISE HILL RES LTD COM 2,496 1,248 100 800,000
FLY LEASING LTD SPONSORED ADR 2,316 364 18.65 159,063
CIFC CORP COM 2,215 49 2.29 289,516
OCEAN SHORE HLDG CO NEW COM 1,869 1,869 New 126,900
RANGE RES CORP COM 1,821 1,041 133.33 35,000
CONSOL ENERGY INC COM 1,701 865 103.33 61,000
PLATINUM GROUP METALS LTD COM NEW 1,055 337 46.82 1,881,450
PRUDENTIAL BANCORP INC NEW COM 994 203 25.68 78,303
POLONIA BACORP INC MD COM 920 920 New 70,000
HALCON RES CORP COM NEW 693 77 12.50 450,000
ECLIPSE RES CORP COM 674 674 New 120,000
MARKET VECTORS ETF TR RUSSIA ETF 426 426 New 25,000
U S ENERGY CORP WYO COM 242 9 3.92 214,570
EVOLUTION PETROLEUM CORP COM 131 131 New 22,000
AMERICAN EAGLE ENERGY CORP COM NEW 61 61 New 338,685