Latest Waterfall Asset Management, LLC Stock Portfolio
Waterfall Asset Management, LLC Performance:
2025 Q4: -6.44%YTD: -33.47%2024: -29.9%
Performance for 2025 Q4 is -6.44%, and YTD is -33.47%, and 2024 is -29.9%.
About Waterfall Asset Management, LLC and 13F Hedge Fund Stock Holdings
On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, WATERFALL ASSET MANAGEMENT, LLC reported an equity portfolio of $185.8 Millions as of 31 Dec, 2025.
The top stock holdings of WATERFALL ASSET MANAGEMENT, LLC are CPT, AVB, APLE. The fund has invested 6.3% of it's portfolio in CAMDEN PPTY TR and 6.3% of portfolio in AVALONBAY CMNTYS INC .
The fund managers got completely rid off RITHM PPTY TR INC (AJX), ELME COMMUNITIES (WRE) and UDR INC (UDR) stocks. They significantly reduced their stock positions in LINEAGE INC. WATERFALL ASSET MANAGEMENT, LLC opened new stock positions in AVALONBAY CMNTYS INC (AVB), NATIONAL STORAGE AFFILIATES (NSA) and APOLLO COML REAL EST FIN INC (ARI). The fund showed a lot of confidence in some stocks as they added substantially to CAMDEN PPTY TR (CPT), PARK HOTELS & RESORTS INC (PK) and RITHM CAPITAL CORP (RITM).
The top stock holdings of WATERFALL ASSET MANAGEMENT, LLC are CPT, AVB, APLE. The fund has invested 6.3% of it's portfolio in CAMDEN PPTY TR and 6.3% of portfolio in AVALONBAY CMNTYS INC .
The fund managers got completely rid off RITHM PPTY TR INC (AJX), ELME COMMUNITIES (WRE) and UDR INC (UDR) stocks. They significantly reduced their stock positions in LINEAGE INC. WATERFALL ASSET MANAGEMENT, LLC opened new stock positions in AVALONBAY CMNTYS INC (AVB), NATIONAL STORAGE AFFILIATES (NSA) and APOLLO COML REAL EST FIN INC (ARI). The fund showed a lot of confidence in some stocks as they added substantially to CAMDEN PPTY TR (CPT), PARK HOTELS & RESORTS INC (PK) and RITHM CAPITAL CORP (RITM).
Waterfall Asset Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that WATERFALL ASSET MANAGEMENT, LLC made a return of -6.44% in the last quarter. In trailing 12 months, it's portfolio return was -33.47%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| avalonbay cmntys inc | 11,652,900 |
| national storage affiliates | 8,422,940 |
| apollo coml real est fin inc | 5,557,450 |
| millrose pptys inc | 3,143,920 |
New stocks bought by Waterfall Asset Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| pennymac corp | 1,240 |
| camden ppty tr | 250 |
| park hotels & resorts inc | 201 |
| rithm capital corp | 94.25 |
| dynex cap inc | 84.87 |
| american assets tr inc | 29.05 |
| brightspire capital inc | 27.73 |
| global net lease inc | 23.36 |
Additions to existing portfolio by Waterfall Asset Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| redwood trust inc | -67.09 |
| lineage inc | -35.35 |
| frontview reit inc | -5.54 |
Waterfall Asset Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| flexshopper inc | -1,044,540 |
| elme communities | -4,299,990 |
| rithm ppty tr inc | -5,513,350 |
| udr inc | -2,310,120 |
Waterfall Asset Management, LLC got rid off the above stocks
Sector Distribution
WATERFALL ASSET MANAGEMENT, LLC has about 90.2% of it's holdings in Real Estate sector.
- Real Estate
- Others
| Sector | % |
|---|---|
| Real Estate | 90.2 |
| Others | 9.8 |
Market Cap. Distribution
WATERFALL ASSET MANAGEMENT, LLC has about 24.1% of it's portfolio invested in the large-cap and mega-cap stocks.
- MID-CAP
- LARGE-CAP
- SMALL-CAP
- UNALLOCATED
- MICRO-CAP
| Category | % |
|---|---|
| MID-CAP | 39 |
| LARGE-CAP | 24.1 |
| SMALL-CAP | 18.4 |
| UNALLOCATED | 9.8 |
| MICRO-CAP | 8.7 |
Stocks belong to which Index?
About 69.7% of the stocks held by WATERFALL ASSET MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.
- RUSSELL 2000
- Others
- S&P 500
| Index | % |
|---|---|
| RUSSELL 2000 | 45.6 |
| Others | 30.4 |
| S&P 500 | 24.1 |
Waterfall Asset Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Waterfall Asset Management, LLC
WATERFALL ASSET MANAGEMENT, LLC has 15 stocks in it's portfolio. About 43.2% of the portfolio is in top 10 stocks. RC proved to be the most loss making stock for the portfolio. DX was the most profitable stock for WATERFALL ASSET MANAGEMENT, LLC last quarter.
Last Reported on: 13 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAT | american assets tr inc | 4.14 | 406,033 | 7,703,900 | added | 29.05 | ||
| AJX | rithm ppty tr inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| APLE | apple hospitality reit inc | 5.65 | 882,127 | 10,492,100 | added | 20.84 | ||
| ARI | apollo coml real est fin inc | 2.99 | 569,000 | 5,557,450 | new | |||
| AVB | avalonbay cmntys inc | 6.27 | 63,800 | 11,652,900 | new | |||
| BRSP | brightspire capital inc | 2.50 | 822,810 | 4,650,330 | added | 27.73 | ||
| CPT | camden ppty tr | 6.35 | 107,000 | 11,803,400 | added | 250 | ||
| DX | dynex cap inc | 2.09 | 277,300 | 3,875,920 | added | 84.87 | ||
| FPAY | flexshopper inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GNL | global net lease inc | 1.95 | 422,227 | 3,629,760 | added | 23.36 | ||
| NSA | national storage affiliates | 4.53 | 297,700 | 8,422,940 | new | |||
| PK | park hotels & resorts inc | 2.09 | 367,684 | 3,889,610 | added | 201 | ||
| RC | ready capital corp | 4.56 | 3,908,980 | 8,482,490 | unchanged | 0.00 | ||
| RITM | rithm capital corp | 4.13 | 700,425 | 7,678,950 | added | 94.25 | ||
| RWT | redwood trust inc | 4.71 | 8,743,000 | 8,748,230 | reduced | -67.09 | ||
| UDR | udr inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| WRE | elme communities | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| pennymac corp | 42.87 | 79,074,000 | 79,667,100 | added | 1,240 | |||
| lineage inc | 1.99 | 105,000 | 3,694,800 | reduced | -35.35 | |||
| millrose pptys inc | 1.69 | 105,062 | 3,143,920 | new | ||||