RAFFLES ASSOCIATES LP Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 57
New Positions 7
Increased Positions 11
Decreased Positions 12
Positions with Activity 23
Sold Out Positions 3
Total Mkt Value (in $ millions) 109

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

Sector Weighting

Basic Materials 14.81%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 18.25%
Financial 35.01%
Healthcare 0.48%
Services 25.26%
Technology 1.29%
Transportation
Utilities

57 Positions as of 03/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
AVALON HLDGS CORP CL A 941 New 229,969
COWEN GROUP INC NEW CL A 945 New 225,000
LIBERTY MEDIA CORP DELAWARE CL A 2,452 New 17,878
U S GLOBAL INVS INC CL A 105 12 12.48 28,119
ADVANTAGE OIL & GAS LTD COM 1,190 -893 (42.86) 200,000
AIRCASTLE LTD COM 529 New 30,254
ALBANY MOLECULAR RESH INC COM 525 New 25,000
ALEXCO RESOURCE CORP COM 348 -159 (31.34) 251,914
AMERICAN CAPITAL AGENCY CORP COM -803 Sold Out 0
APOLLO RESIDENTIAL MTG INC COM 415 415 New 25,000
ARMOUR RESIDENTIAL REIT INC COM 2,231 New 525,000
CHARTER FINL CORP MD COM 2,979 New 272,800
CHEVIOT FINL CORP NEW COM 871 New 70,000
CIFC CORP COM 2,423 New 279,516
COASTWAY BANCORP INC COM 1,961 1,961 New 177,000
CONSOL ENERGY INC COM 649 649 New 15,000
CYAN INC COM -895 Sold Out 0
CYS INVTS INC COM 396 -483 (55) 45,000
ELDORADO GOLD CORP NEW COM 6,279 -1,544 (19.74) 813,385
FARMERS NATL BANC CORP COM 1,494 -76 (4.81) 197,827