WATERFALL ASSET MANAGEMENT, LLC Diversified Active

CIK: 0001570717 · Show all filings

Period: Q4 2023 (Next →)

Filing Date: May 2, 2024

Total Value ($000): $176,717 (24.2% shares, 75.8% debt)

Holdings (7)

— REDWOOD TRUST INC 25.2%

Value ($000) $44,487 Shares 49,423,000 Est. Cost $0.90 Unrealized —

— TWO HARBORS INVENTMENT CORPO 25.0%

Value ($000) $44,250 Shares 48,289,000 Est. Cost $0.92 Unrealized —

RC READY CAPITAL CORP 22.7%

Value ($000) $40,067 Shares 3,908,984 Est. Cost $10.25 Unrealized —

— PENNYMAC CORP 13.6%

Value ($000) $24,015 Shares 26,573,000 Est. Cost $0.90 Unrealized —

— PENNYMAC CORP 6.7%

Value ($000) $11,825 Shares 12,149,000 Est. Cost $0.97 Unrealized —

— SUNRUN INC 5.3%

Value ($000) $9,351 Shares 12,263,000 Est. Cost $0.76 Unrealized —

FPAYQ FLEXSHOPPER INC 1.5%

Value ($000) $2,721 Shares 1,629,544 Est. Cost $1.29 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	REDWOOD TRUST INC	49,423,000	$44,487	25.2%	$0.90	—	NOTE 7.750% 6/1	758075AF2
—	TWO HARBORS INVENTMENT CORPO	48,289,000	$44,250	25.0%	$0.92	—	NOTE 6.250% 1/1	90187BAB7
RC	READY CAPITAL CORP	3,908,984	$40,067	22.7%	$10.25	—	COM	75574U101
—	PENNYMAC CORP	26,573,000	$24,015	13.6%	$0.90	—	NOTE 5.500% 3/1	70932AAF0
—	PENNYMAC CORP	12,149,000	$11,825	6.7%	$0.97	—	NOTE 5.500%11/0	70932AAD5
—	SUNRUN INC	12,263,000	$9,351	5.3%	$0.76	—	NOTE 2/0	86771WAB1
FPAYQ	FLEXSHOPPER INC	1,629,544	$2,721	1.5%	$1.29	0.0%	COM NEW	33939J303