Waterfall Asset Management, LLC 13F holdings, Q2 2026
Holdings as of June 30, 2026 · filings on SEC EDGAR · this is the latest filing on record
Waterfall Asset Management, LLC disclosed 18 US equity positions worth $163.4m in its Q2 2026 13F filing. The largest position was PENNYMAC CORP at 25.5% of the reported book, followed by AVBC and CPT. Against the Q1 2026 filing, it opened 3 new positions, added to 7 and reduced 6 among the top 18 holdings.
What did Waterfall Asset Management, LLC own in Q2 2026? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2026 |
|---|---|---|---|---|---|---|---|
| 1 | PENNYMAC CORP | 25.5% | $41.7m | 41,022,000 | -31% | reduced | |
| 2 | AVBC AVALONBAY CMNTYS INC | Financial Services | 7.9% | $13.0m | 68,650 | -9% | reduced |
| 3 | CPT CAMDEN PPTY TR | Real Estate | 7.8% | $12.8m | 111,704 | -15% | reduced |
| 4 | MRP MILLROSE PPTYS INC | Real Estate | 7.7% | $12.5m | 417,361 | 28% | added |
| 5 | BRSP BRIGHTSPIRE CAPITAL INC | 6.9% | $11.3m | 2,076,586 | 41% | added | |
| 6 | RITM RITHM CAPITAL CORP | Real Estate | 6.5% | $10.6m | 1,127,584 | 10% | added |
| 7 | PK PARK HOTELS & RESORTS INC | Real Estate | 6.0% | $9.8m | 689,616 | 19% | added |
| 8 | RC READY CAPITAL CORP | 4.2% | $6.8m | 3,908,983 | 0% | held | |
| 9 | APLE APPLE HOSPITALITY REIT INC | Real Estate | 3.9% | $6.3m | 375,944 | -60% | reduced |
| 10 | FBRT FRANKLIN BSP RLTY TR INC | 3.8% | $6.2m | 758,000 | – | new | |
| 11 | DRH DIAMONDROCK HOSPITALITY CO | Real Estate | 3.4% | $5.6m | 456,804 | 9% | added |
| 12 | GNL GLOBAL NET LEASE INC | Real Estate | 3.1% | $5.1m | 570,029 | 43% | added |
| 13 | SERVICE PPTYS TR | 3.0% | $4.9m | 2,875,000 | – | new | |
| 14 | DX DYNEX CAP INC | Real Estate | 2.6% | $4.2m | 322,500 | 9% | added |
| 15 | ESRT EMPIRE ST RLTY TR INC | Real Estate | 2.3% | $3.7m | 689,535 | -3% | reduced |
| 16 | RITHM PPTY TR INC | 2.1% | $3.5m | 139,481 | 0% | held | |
| 17 | VNO VORNADO RLTY TR | Real Estate | 1.9% | $3.2m | 81,000 | -52% | reduced |
| 18 | PMT PENNYMAC MTG INVT TR | Real Estate | 1.4% | $2.3m | 199,682 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.