Waterfall Asset Management, LLC
CIK: 0001570717Latest portfolio: $185.8M · Q4 2025
Holdings
17
Total Value
$185.8M
New Positions
4
Closed Positions
5
Top Holdings
| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | PMT 8.5 06/01/29PENNYMAC CORP | 79,074,000 | $79.7M | 42.87% | +73.2M | |
| 2 | CPTCAMDEN PPTY TR | 107,000 | $11.8M | 6.35% | +77K | |
| 3 | AVBAVALONBAY CMNTYS INC | 63,800 | $11.7M | 6.27% | NEW | |
| 4 | APLEAPPLE HOSPITALITY REIT INC | 882,127 | $10.5M | 5.65% | +152K | |
| 5 | RWT 7.75 06/15/27REDWOOD TRUST INC | 8,743,000 | $8.7M | 4.71% | -17,820,000 | |
| 6 | RCREADY CAPITAL CORP | 3,908,983 | $8.5M | 4.56% | — | |
| 7 | NSANATIONAL STORAGE AFFILIATES | 297,700 | $8.4M | 4.53% | NEW | |
| 8 | AATAMERICAN ASSETS TR INC | 406,033 | $7.7M | 4.14% | +91K | |
| 9 | RITMRITHM CAPITAL CORP | 700,425 | $7.7M | 4.13% | +340K | |
| 10 | ARIAPOLLO COML REAL EST FIN INC | 569,000 | $5.6M | 2.99% | NEW | |
| 11 | BRSPBRIGHTSPIRE CAPITAL INC | 822,810 | $4.7M | 2.50% | +179K | |
| 12 | PKPARK HOTELS & RESORTS INC | 367,684 | $3.9M | 2.09% | +246K | |
| 13 | DYT1DYNEX CAP INC | 277,300 | $3.9M | 2.09% | +127K | |
| 14 | LINELINEAGE INC | 105,000 | $3.7M | 1.99% | -57,409 | |
| 15 | GNLGLOBAL NET LEASE INC | 422,227 | $3.6M | 1.95% | +80K | |
| 16 | MRPMILLROSE PPTYS INC | 105,062 | $3.1M | 1.69% | NEW | |
| 17 | FVRFRONTVIEW REIT INC | 184,197 | $2.8M | 1.48% | -10,803 |
Quarterly Changes
Closed Positions
- SPYCLOSED$800.7B
- RPT V9.875 PERPCLOSED$5.5B
- ELMECLOSED$4.3B
- UDRCLOSED$2.3B
- FPAYQCLOSED$1.0B
Sector Breakdown
Real Estate0.0% ($1.1803116521049285e+49T)
Unknown0.0% ($7966.8T)
Filing History
Fund Information
Waterfall Asset Management, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $185.8M across 17 holdings. The largest position is PENNYMAC CORP (PMT 8.5 06/01/29), representing 42.9% of the portfolio. Compared to the previous quarter, the fund opened 4 new positions and closed 5 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.