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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 PENNYMAC CORP 59,319,000.0 $61.6M 34.46% -19.8M -25.0% $1.04
2 AAT AMERICAN ASSETS TR INC Real Estate 279,323.0 $5.1M 2.88% -127K -31.2% $18.41 +21.6%
3 GNL GLOBAL NET LEASE INC Real Estate 397,609.0 $3.7M 2.08% -25K -5.8% $9.36 +1.6%
4 REDWOOD TRUST INC 2,743,000.0 $2.8M 1.55% -6.0M -68.6% $1.01
5 LINE LINEAGE INC Real Estate 83,600.0 $2.7M 1.53% -21K -20.4% $32.76 +27.3%

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%