0001062993-11-003338.txt : 20110815 0001062993-11-003338.hdr.sgml : 20110815 20110815172623 ACCESSION NUMBER: 0001062993-11-003338 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAFFLES ASSOCIATES LP CENTRAL INDEX KEY: 0001169581 IRS NUMBER: 043272997 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12413 FILM NUMBER: 111037967 BUSINESS ADDRESS: STREET 1: 2 PENN PLAZA STREET 2: SUITE 1920A CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: 212-760-2322 MAIL ADDRESS: STREET 1: 2 PENN PLAZA STREET 2: SUITE 1920A CITY: NEW YORK STATE: NY ZIP: 10121 13F-HR 1 form13f-raffles.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if amendment [ ]; Amendment Number: This Amendment (check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name Raffles Associates, L.P. Address 2 Penn Plaza, Suite 1920A New York, NY 10121 Form 13F File Number: 028-12413 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing this report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name Paul H. O'Leary Title President of General Partner Phone 212 760 2322 Signature, Place, and Date of Signing: /s/ Paul H. O'Leary New York, NY August 15, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 80 Form 13F Information Table Value Total: $146,779 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ADVANTAGE OIL & GAS LTD COM 00765F101 793 100000 SH SOLE 100000 0 0 AERCAP HOLDINGS NV COM N00985106 4068 312700 SH SOLE 312700 0 0 AIRCASTLE LTD COM G0129K104 1174 92300 SH SOLE 92300 0 0 ALEXCO RESOURCE CORP COM 01535P106 8412 1203671 SH SOLE 1203671 0 0 ALLIANCE BANCORP INC PA NEW COM 01890A108 220 20000 SH SOLE 20000 0 0 AMERICAN INDEPENDENCE CORP COM NEW 026760405 2003 345329 SH SOLE 345329 0 0 AMERICAN INTL GROUP INC *W EXP 01/19/20 026874156 1275 125000 SH SOLE 125000 0 0 APPLE INC COM 037833100 653 350 SH CALL SOLE 350 0 0 ARLINGTON ASSET INVT CORP CL A NEW 041356205 5159 164365 SH SOLE 164365 0 0 ATP OIL & GAS CORP COM 00208J108 6831 446200 SH SOLE 446200 0 0 AVALON HLDGS CORP COM 05343P109 404 148743 SH SOLE 148743 0 0 BANK OF AMERICA CORPORATION *W EXP 10/28/20 060505153 957 550000 SH SOLE 550000 0 0 BANKFINANCIAL CORP COM 06643P104 580 68434 SH SOLE 68434 0 0 BANRO CORP COM 066800103 570 150000 SH SOLE 150000 0 0 BANRO CORP *W EXP 09/17/20 066800111 214 134800 SH SOLE 134800 0 0 BARCLAYS BK PLC IPTH S&P VIX NE 06740C261 5285 250000 SH SOLE 250000 0 0 BCSB BANCORP INC COM 055367106 493 35000 SH SOLE 35000 0 0 BEACON FED BANCORP INC COM 073582108 169 12200 SH SOLE 12200 0 0 BRIGUS GOLD CORP COM 109490102 173 105063 SH SOLE 105063 0 0 CHESAPEAKE LODGING TR COM 165240102 1781 104389 SH SOLE 104389 0 0 CITIGROUP INC COM 172967424 2082 50000 SH SOLE 50000 0 0 COLONIAL FINL SVCS INC COM 19566B101 1105 87372 SH SOLE 87372 0 0 COMMAND SEC CORP COM 20050L100 169 100000 SH SOLE 100000 0 0 CONSOL ENERGY INC COM 20854P109 7272 150000 SH SOLE 150000 0 0 CRIMSON EXPLORATION INC COM NEW 22662K207 146 41200 SH SOLE 41200 0 0 DEUTSCHE BK AG LDN BRH PS GOLD DS ETN 25154H756 691 100000 SH SOLE 100000 0 0 FBR & CO COM 30247C301 340 100000 SH SOLE 100000 0 0 FIDELITY BANCORP INC COM 315831107 131 12000 SH SOLE 12000 0 0 FIRST PACTRUST BANCORP INC COM 33589V101 254 17108 SH SOLE 17108 0 0 FLY LEASING LTD SPONSORED ADR 34407D109 642 48506 SH SOLE 48506 0 0 FURIEX PHARMACEUTICALS INC COM 36106P101 890 50000 SH SOLE 50000 0 0 GASTAR EXPL LTD COM NEW 367299203 2468 719404 SH SOLE 719404 0 0 GEOEYE INC COM 37250W108 3565 95320 SH SOLE 95320 0 0 GLOBECOMM SYSTEMS INC COM 37956X103 1854 119141 SH SOLE 119141 0 0 GS FINL CORP COM 362274102 1414 67996 SH SOLE 67996 0 0 HF FINL CORP COM 404172108 1849 170900 SH SOLE 170900 0 0 HUDBAY MINERALS INC COM 443628102 3039 203340 SH SOLE 203340 0 0 JPMORGAN CHASE & CO *W EXP 10/28/20 46634E114 1818 135000 SH SOLE 135000 0 0 KODIAK OIL & GAS CORP COM 50015Q100 577 100000 SH SOLE 100000 0 0 LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 2674 31178 SH SOLE 31178 0 0 MAG SILVER CORP COM 55903Q104 4631 462900 SH SOLE 462900 0 0 MAYS J W INC COM 578473100 1027 54620 SH SOLE 54620 0 0 MEDQUIST HLDGS INC COM 58506K102 1244 96284 SH SOLE 96284 0 0 MOUNTAIN PROV DIAMONDS INC COM NEW 62426E402 7480 1375738 SH SOLE 1375738 0 0 NAPCO SEC TECHNOLOGIES INC COM 630402105 942 317121 SH SOLE 317121 0 0 NEVSUN RES LTD COM 64156L101 878 144793 SH SOLE 144793 0 0 NORTHERN OIL & GAS INC NEV COM 665531109 1108 50000 SH SOLE 50000 0 0 OBA FINL SVCS INC COM 67424G101 2824 190842 SH SOLE 190842 0 0 OCEAN SHORE HLDG CO NEW COM 67501R103 1208 100000 SH SOLE 100000 0 0 OCONEE FED FINL CORP COM 675607105 137 11451 SH SOLE 11451 0 0 ORBCOMM INC COM 68555P100 332 105957 SH SOLE 105957 0 0 ORITANI FINL CORP DEL COM 68633D103 2339 182875 SH SOLE 182875 0 0 PACIFIC PREMIER BANCORP COM 69478X105 1029 160773 SH SOLE 160773 0 0 PARK BANCORP INC COM 700164106 128 38950 SH SOLE 38950 0 0 PENN VA CORP COM 707882106 991 75000 SH SOLE 75000 0 0 PEOPLES FED BANCSHARES INC COM 711037101 2001 142125 SH SOLE 142125 0 0 PLATINUM GROUP METALS LTD COM NEW 72765Q205 1028 589300 SH SOLE 589300 0 0 POLYMET MINING CORP COM 731916102 375 228400 SH SOLE 228400 0 0 POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 4032 190000 SH CALL SOLE 190000 0 0 PRESIDENTIAL RLTY CORP NEW CL B 741004204 57 4600 SH SOLE 4600 0 0 PROSHARES TR PSHS ULTSH 20YR 74347R297 345 10000 SH CALL SOLE 10000 0 0 PROVIDENT FINL HLDGS INC COM 743868101 5318 670579 SH SOLE 670579 0 0 RED LION HOTELS CORP COM 756764106 7806 988093 SH SOLE 988093 0 0 REIS INC COM 75936P105 1938 195209 SH SOLE 195209 0 0 RENTRAK CORP COM 760174102 1131 63734 SH SOLE 63734 0 0 ROCKVILLE FINL INC NEW COM 774188106 974 98400 SH SOLE 98400 0 0 SONDE RES CORP COM 835426107 1815 572780 SH SOLE 572780 0 0 SOUTHERN MO BANCORP INC COM 843380106 2556 122989 SH SOLE 122989 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 352 700 SH PUT SOLE 700 0 0 STANDARD FINL CORP MD COM 853393106 3641 239508 SH SOLE 239508 0 0 SWISHER HYGIENE INC COM 870808102 1417 251700 SH SOLE 251700 0 0 TOREADOR RES CORP COM 891050106 669 180360 SH SOLE 180360 0 0 TRIANGLE PETE CORP COM NEW 89600B201 727 112469 SH SOLE 112469 0 0 U S ENERGY CORP WYO COM 911805109 1358 317970 SH SOLE 317970 0 0 VICON INDS INC COM 925811101 402 103196 SH SOLE 103196 0 0 VISHAY PRECISION GROUP INC COM 92835K103 3882 230000 SH SOLE 230000 0 0 WELLS FARGO & CO NEW *W EXP 10/28/20 949746119 1164 125000 SH SOLE 125000 0 0 WILLIS LEASE FINANCE CORP COM 970646105 565 42369 SH SOLE 42369 0 0 WINTHROP RLTY TR COM 976391300 1740 145754 SH SOLE 145754 0 0 WOLVERINE BANCORP INC COM 977880103 994 67600 SH SOLE 67600 0 0