Waterfall Asset Management, LLC Q2 2025 Filing

Filed August 12, 2025

Portfolio Value

$225.5B

Holdings

12

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (12 positions)

#StockSharesValue% PortfolioType
1
SPYSPDR S&P 500 ETF TR
230,000$142.1B63.01%Put
2
PMT 8.5 06/01/29PENNYMAC CORP
26,051,000$26.0B11.55%
3
RWT 7.75 06/15/27REDWOOD TRUST INC
20,717,000$20.5B9.08%
4
RCREADY CAPITAL CORP
3,908,983$17.1B7.57%
5
RPT V9.875 PERPRITHM PPTY TR INC
218,613$5.5B2.42%
6
APLEAPPLE HOSPITALITY REIT INC
400,000$4.7B2.07%
7
ELMEELME COMMUNITIES
162,797$2.6B1.15%
8
FPAYQFLEXSHOPPER INC
1,629,544$2.0B0.87%
9
GNLGLOBAL NET LEASE INC
200,000$1.5B0.67%
10
RITMRITHM CAPITAL CORP
133,714$1.5B0.67%
11
PKPARK HOTELS & RESORTS INC
110,000$1.1B0.50%
12
BRSPBRIGHTSPIRE CAPITAL INC
197,800$998.9M0.44%