Holders — by stockHoldings — by fund
WATERFALL ASSET MANAGEMENT, LLC
Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001570717
$163.4M
disclosed book value
18
positions
25.5%
largest position share
Positions, as of 2026-06-30
top 18 of 18 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held
| # | Issuer | Shares | Value | % of book |
|---|---|---|---|---|
| 1 | PMT 8.5 06/01/29PENNYMAC CORP | 41.0M | $41.7M | 25.5% |
| 2 | AVBAVALONBAY CMNTYS INC | 68,650 | $13.0M | 7.9% |
| 3 | CPTCAMDEN PPTY TR | 111,704 | $12.8M | 7.8% |
| 4 | MRPMILLROSE PPTYS INC | 417,361 | $12.5M | 7.7% |
| 5 | BRSPBRIGHTSPIRE CAPITAL INC | 2.1M | $11.3M | 6.9% |
| 6 | RITMRITHM CAPITAL CORP | 1.1M | $10.6M | 6.5% |
| 7 | PKPARK HOTELS & RESORTS INC | 689,616 | $9.8M | 6% |
| 8 | RCREADY CAPITAL CORP | 3.9M | $6.8M | 4.2% |
| 9 | APLEAPPLE HOSPITALITY REIT INC | 375,944 | $6.3M | 3.9% |
| 10 | FBRTFRANKLIN BSP RLTY TR INC | 758,000 | $6.2M | 3.8% |
| 11 | DRHDIAMONDROCK HOSPITALITY CO | 456,804 | $5.6M | 3.4% |
| 12 | GNLGLOBAL NET LEASE INC | 570,029 | $5.1M | 3.1% |
| 13 | SERVICE PPTYS TR | 2.9M | $4.9M | 3% |
| 14 | DXDYNEX CAP INC | 322,500 | $4.2M | 2.6% |
| 15 | ESRTEMPIRE ST RLTY TR INC | 689,535 | $3.7M | 2.3% |
| 16 | RPT V9.875 PERPRITHM PPTY TR INC | 139,481 | $3.5M | 2.1% |
| 17 | VNOVORNADO RLTY TR | 81,000 | $3.2M | 1.9% |
| 18 | PMTPENNYMAC MTG INVT TR | 199,682 | $2.3M | 1.4% |
Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.