Waterfall Asset Management, LLC 13F Holdings

CIK 0001570717

As of Sep 30, 2025, Waterfall Asset Management, LLC reported 18 positions worth $902.6M in its SEC Form 13F filing.

Top 18 holdings

SecurityTickerSectorSharesValue% of portfolio
SPDR S&P 500 ETF TRUSTSPY—1,201,900$800.7M88.71%
REDWOOD TRUST INC——26,563,000$26.6M2.95%
READY CAPITAL CORPRCReal Estate3,908,983 5.1M1.68%
APPLE HOSPITALITY REIT INCAPLEReal Estate730,000$8.8M0.97%
AMERICAN ASSETS TRUST INCAATReal Estate314,643$6.4M0.71%
LINEAGE INCLINEReal Estate162,409$6.3M0.70%
PENNYMAC CORP——5,901,000$6.0M0.67%
RITHM PPTY TR INCRPT-PCReal Estate218,613$5.5M0.61%
ELME COMMUNITIESELMEReal Estate255,041$4.3M0.48%
RITHM CAPITAL CORPRITMReal Estate360,573$4.1M0.46%
BRIGHTSPIRE CAPITAL INCBRSPReal Estate644,158$3.5M0.39%
CAMDEN PROPERTY TRUSTCPTReal Estate30,500$3.3M0.36%
GLOBAL NET LEASE INCGNLReal Estate342,259$2.8M0.31%
FRONTVIEW REIT INCFVRReal Estate195,000$2.7M0.30%
UDR INCUDRReal Estate62,000$2.3M0.26%
DYNEX CAPITAL INCDXReal Estate150,000 .8M0.20%
PARK HOTELS & RESORTS INCPKReal Estate122,153 .4M0.15%
FLEXSHOPPER INCFPAYQ—1,629,544 .0M0.12%