Waterfall Asset Management, LLC

Q4 2025 13F Holdings

  • Location
    new york, NY
  • Num holdings

    17

  • Value ($000)

    $185,844

  • Date Filed
    02/13/2026
  • Form type
    13F-HR
  • CIK
    0001570717
  • All SEC filings
  • Note
    Holdings aggregated across “other managers” listed in original SEC filing, see here for detailed holdings broken out by other managers
Compare Q4 2025 to
Select Quarter
Issuer Name
Class
CUSIP
VALUE
%
Shares
Principal
Option Type
---

PENNYMAC CORP

NOTE 8.500% 6/0
$79.67M
43 %

79,074,000

CPT

CAMDEN PPTY TR

SH BEN INT
$11.8M
6 %

107,000

AVB

AVALONBAY CMNTYS INC

COM
$11.65M
6 %

63,800

APLE

APPLE HOSPITALITY REIT INC

COM NEW
$10.49M
6 %

882,127

RWT 7.75 06/15/27

REDWOOD TRUST INC

NOTE 7.750% 6/1
$8.75M
5 %

8,743,000

RC

READY CAPITAL CORP

COM
$8.48M
5 %

3,908,983

---

NATIONAL STORAGE AFFILIATES

COM SHS BEN IN
$8.42M
5 %

297,700

AAT

AMERICAN ASSETS TR INC

COM
$7.7M
4 %

406,033

RITM

RITHM CAPITAL CORP

COM NEW
$7.68M
4 %

700,425

ARI

APOLLO COML REAL EST FIN INC

COM
$5.56M
3 %

569,000

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