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 10.01%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 8.5%
Financial 44.19%
Healthcare 5.23%
Services 27.17%
Technology 0.67%
Transportation
Utilities

7 New 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 5,336 5,336 New 540,300
OCEAN SHORE HLDG CO NEW COM 1,832 1,832 New 126,900
POLONIA BACORP INC MD COM 920 920 New 70,000
ECLIPSE RES CORP COM 685 685 New 120,000
MARKET VECTORS ETF TR RUSSIA ETF 416 416 New 25,000
EVOLUTION PETROLEUM CORP COM 130 130 New 22,000
AMERICAN EAGLE ENERGY CORP COM NEW 63 63 New 338,685