Waterfall Asset Management, LLC Q3 2025 Filing
Filed November 12, 2025
Portfolio Value
$902.6B
Holdings
18
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (18 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR | 1,201,900 | $800.7B | 88.71% | Put |
| 2 | RWT 7.75 06/15/27REDWOOD TRUST INC | 26,563,000 | $26.6B | 2.95% | |
| 3 | RCREADY CAPITAL CORP | 3,908,983 | $15.1B | 1.68% | |
| 4 | APLEAPPLE HOSPITALITY REIT INC | 730,000 | $8.8B | 0.97% | |
| 5 | AATAMERICAN ASSETS TR INC | 314,643 | $6.4B | 0.71% | |
| 6 | LINELINEAGE INC | 162,409 | $6.3B | 0.70% | |
| 7 | PMT 8.5 06/01/29PENNYMAC CORP | 5,901,000 | $6.0B | 0.67% | |
| 8 | RPT V9.875 PERPRITHM PPTY TR INC | 218,613 | $5.5B | 0.61% | |
| 9 | ELMEELME COMMUNITIES | 255,041 | $4.3B | 0.48% | |
| 10 | RITMRITHM CAPITAL CORP | 360,573 | $4.1B | 0.46% | |
| 11 | BRSPBRIGHTSPIRE CAPITAL INC | 644,158 | $3.5B | 0.39% | |
| 12 | CPTCAMDEN PPTY TR | 30,500 | $3.3B | 0.36% | |
| 13 | GNLGLOBAL NET LEASE INC | 342,259 | $2.8B | 0.31% | |
| 14 | FVRFRONTVIEW REIT INC | 195,000 | $2.7B | 0.30% | |
| 15 | UDRUDR INC | 62,000 | $2.3B | 0.26% | |
| 16 | DYT1DYNEX CAP INC | 150,000 | $1.8B | 0.20% | |
| 17 | PKPARK HOTELS & RESORTS INC | 122,153 | $1.4B | 0.15% | |
| 18 | FPAYQFLEXSHOPPER INC | 1,629,544 | $1.0B | 0.12% |