WATERFALL ASSET MANAGEMENT, LLC
An institutional investment manager in NEW YORK, NY. Its Form 13F for the quarter ended Jun 30, 2026, filed Aug 12, 2026. SEC CIK 1570717.
- Reported value$163.4m
- Positions18
Holdings: 18 positions
The filing on sec.govAs filed, largest first. Reported value is what the manager stated for each position at the quarter end, in US dollars; it is filing data, not a price. Weight is the position's share of the total reported value. Changes compare with the 13F for the quarter ended 2026-03-31.
| Issuer | Class | CUSIP | Reported value$m | Weight | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|---|---|
| Pennymac Corp | NOTE 8.500% 6/0 | 70932AAH6 | 41.7 | 25.5% | $41,022,000 principal | Reduced−18,297,000 | |
| Avalonbay Cmntys Inc | COM | 053484101 | 13.0 | 7.9% | 68,650 | Reduced−6,500 | |
| Camden Ppty TRCPT | SH BEN INT | 133131102 | 12.8 | 7.8% | 111,704 | Reduced−20,000 | |
| Millrose Pptys IncMRP | COM CL A | 601137102 | 12.5 | 7.7% | 417,361 | Added+92,315 | |
| Brightspire Capital IncBRSP | COM CL A | 10949T109 | 11.3 | 6.9% | 2,076,586 | Added+603,796 | |
| Rithm Capital CorpRITM | COM NEW | 64828T201 | 10.6 | 6.5% | 1,127,584 | Added+101,180 | |
| Park Hotels & Resorts IncPK | COM | 700517105 | 9.8 | 6.0% | 689,616 | Added+107,973 | |
| Ready Capital CorpRC | COM | 75574U101 | 6.8 | 4.2% | 3,908,983 | Unchanged | |
| Apple Hospitality REIT IncAPLE | COM NEW | 03784Y200 | 6.3 | 3.9% | 375,944 | Reduced−559,572 | |
| Franklin BSP Rlty TR IncFBRT | COMMON STOCK | 35243J101 | 6.2 | 3.8% | 758,000 | New+758,000 | |
| Diamondrock Hospitality CoDRH | COM | 252784301 | 5.6 | 3.4% | 456,804 | Added+39,015 | |
| Global Net Lease IncGNL | COM NEW | 379378201 | 5.1 | 3.1% | 570,029 | Added+172,420 | |
| Service Pptys TR | COM SH BEN INT | 81761L102 | 4.9 | 3.0% | 2,875,000 | New+2,875,000 | |
| Dynex Cap IncDX | COM | 26817Q886 | 4.2 | 2.6% | 322,500 | Added+27,500 | |
| Empire ST Rlty TR IncESRT | CL A | 292104106 | 3.7 | 2.3% | 689,535 | Reduced−25,000 | |
| Rithm Ppty TR Inc | 9.875 FXD-FLT C | 38983D862 | 3.5 | 2.1% | $139,481 principal | Unchanged | |
| Vornado Rlty TRVNO | SH BEN INT | 929042109 | 3.2 | 1.9% | 81,000 | Reduced−89,500 | |
| Pennymac MTG Invt TRPMT | COM | 70931T103 | 2.3 | 1.4% | 199,682 | New+199,682 |
Sold out: 5 positions
Held at the end of the quarter before and not reported this quarter.
| Issuer | Class | CUSIP | Reported value$ | Weight | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|---|---|
| American Assets TR IncAAT | COM | 024013104 | 0.0 | 0.0% | 0 | Sold out−279,323 | |
| Inventrust Pptys CorpIVT | COM NEW | 46124J201 | 0.0 | 0.0% | 0 | Sold out−164,962 | |
| KKR Real Estate Fin TR IncKREF | COM | 48251K100 | 0.0 | 0.0% | 0 | Sold out−475,154 | |
| Lineage IncLINE | COM | 53566V106 | 0.0 | 0.0% | 0 | Sold out−83,600 | |
| Redwood Trust Inc | NOTE 7.750% 6/1 | 758075AF2 | 0.0 | 0.0% | $0 principal | Sold out−2,743,000 |
Source: SEC EDGAR, Form 13F-HR, accession 0001570717-26-000005 (on sec.gov). Last ingested by Listed: Oct 22, 2026, 05:26 ET. Listed shows no prices and gives no investment advice.