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Portfolio (Quarterly) Guide ↗

WATERFALL ASSET MANAGEMENT, LLC

· CIK 0001570717
13F Portfolio $179M AUM 20 positions Filed May 8, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 6 New 8 Added 5 Reduced 3 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 CPT CAMDEN PPTY TR Real Estate 131,704.0 $12.9M 7.19% +25K +23.1% $97.66 +10.3%
2 AVB AVALONBAY CMNTYS INC Real Estate 75,150.0 $12.3M 6.87% +11K +17.8% $163.35 +13.3%
3 APLE APPLE HOSPITALITY REIT INC Real Estate 935,516.0 $10.8M 6.02% +53K +6.0% $11.51 +28.7%
4 RITM RITHM CAPITAL CORP Real Estate 1,026,404.0 $9.7M 5.44% +326K +46.5% $9.48 -2.3%
5 MILLROSE PPTYS INC 325,046.0 $9.1M 5.09% +220K +209.4% $28.00
6 BRSP BRIGHTSPIRE CAPITAL INC Real Estate 1,472,790.0 $8.2M 4.61% +650K +79.0% $5.60 +1.4%
7 PK PARK HOTELS & RESORTS INC Real Estate 581,643.0 $6.1M 3.42% +214K +58.2% $10.53 +14.0%
8 DX DYNEX CAP INC Real Estate 295,000.0 $3.8M 2.10% +18K +6.4% $12.76 +1.9%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Real Estate 100.0%