Raffles Associates LP Portfolio Shifts in Q2 2026: Focus on Energy and Materials
This quarter, Raffles Associates LP saw its portfolio holdings count decrease slightly to 36 stocks. Significant activity included substantial reductions in bank stock positions like MSOS and AFBI.
As of June 30th, 2026, Raffles Associates Lp's portfolio contained holdings in a diverse range of sectors. The total portfolio value stood at $77 million.
Among the notable changes this quarter, Raffles Associates LP significantly reduced its exposure to bank stocks. Shares of MSOS (AdvisorsShares TR) decreased by 53.91%, while AFBI (Affinity Bancshares Inc.) saw a nearly 80% reduction in holdings.
In contrast, the investor demonstrated strong buying interest in several other areas during Q2:
- NexGen Energy Ltd (NXE): Purchased 100,000 shares, representing a portfolio percentage allocation increase.
- Direxion Shares ETF Trust (TZA): Acquired 75,000 shares, effectively doubling the position and adding it to the portfolio.
- NB Bancorp Inc (NBBK): Increased holdings by over 114%, significantly boosting its weight in the Financial Services sector.
- Blue Ridge Bankshares Inc VA (BRBS): Entered a new position with this acquisition, adding it to their holdings list.
The investor also added CONTANGO SILVER & GOLD INC (CTGO) and made purchases in VIZSLA SILVER CORP (VZLA), further emphasizing the Basic Materials sector within its portfolio adjustments.
These changes reflect a strategic shift away from traditional banking stocks towards energy, materials, and select other sectors. The overall portfolio allocation saw shifts across various categories based on these transactions.