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) 107

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

Sector Weighting

Basic Materials 10.48%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 10.04%
Financial 43.22%
Healthcare 5.46%
Services 26.15%
Technology 0.6%
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 5,868 5,868 New 540,300
OCEAN SHORE HLDG CO NEW COM 1,948 1,948 New 126,900
POLONIA BACORP INC MD COM 880 880 New 70,000
ECLIPSE RES CORP COM 764 764 New 120,000
MARKET VECTORS ETF TR RUSSIA ETF 497 497 New 25,000
EVOLUTION PETROLEUM CORP COM 145 145 New 22,000
AMERICAN EAGLE ENERGY CORP COM NEW 67 67 New 338,685