Waterfall Asset Management, LLC Diversified Active

Location: New York, NY

CIK: 0001570717 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 14, 2024

Total Value: $146M (26.2% shares, 73.8% debt)

Holdings (5)

— REDWOOD TRUST INC 30.8%

Value $44.86M Shares 47,423,000 Est. Cost $0.90 Unrealized —

— TWO HARBORS INVENTMENT CORPO 30.3%

Value $44.07M Shares 46,789,000 Est. Cost $0.92 Unrealized —

RC READY CAPITAL CORP 24.5%

Value $35.69M Shares 3,908,983 Est. Cost $10.25 Unrealized —

— PENNYMAC CORP 12.8%

Value $18.6M Shares 19,792,000 Est. Cost $0.90 Unrealized —

FPAYQ FLEXSHOPPER INC 1.7%

Value $2.428M Shares 1,629,547 Est. Cost $1.29 Unrealized +0.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	REDWOOD TRUST INC	47,423,000	$44.86M	30.8%	$0.90	—	NOTE 7.750% 6/1	758075AF2
—	TWO HARBORS INVENTMENT CORPO	46,789,000	$44.07M	30.3%	$0.92	—	NOTE 6.250% 1/1	90187BAB7
RC	READY CAPITAL CORP	3,908,983	$35.69M	24.5%	$10.25	—	COM	75574U101
—	PENNYMAC CORP	19,792,000	$18.6M	12.8%	$0.90	—	NOTE 5.500% 3/1	70932AAF0
FPAYQ	FLEXSHOPPER INC	1,629,547	$2.428M	1.7%	$1.29	+0.4%	COM NEW	33939J303