Waterfall Asset Management is an investment fund managing more than $32 billion ran by Kenneth Nick. There is currently 1 company in Mr. Nick’s portfolio. The largest and only investment include Ready Capital Corp worth $32 billion.
As of 8th August 2024, Waterfall Asset Management’s top holding is 3,908,983 shares of Ready Capital Corp currently worth over $32 billion and making up 100.0% of the portfolio value.
Relative to the number of outstanding shares of Ready Capital Corp, Waterfall Asset Management owns more than approximately 0.1% of the company.
Currently, Waterfall Asset Management's portfolio is worth at least $32 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Waterfall Asset Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kenneth Nick serves as the General Counsel and Chief Compliance Officer at Waterfall Asset Management.
There are companies that Waterfall Asset Management is getting rid of from its portfolio.
Waterfall Asset Management closed its position in FlexShopper Inc on 15th August 2024.
It sold the previously owned 1,629,547 shares for $2.43 billion.
The two most similar investment funds to Waterfall Asset Management are Richmond Brothers and Lion Point Capital, L.P.. They manage $32 billion and $31.9 billion respectively.
Waterfall Asset Management’s portfolio is diversified across 1 sector.
Currently, their heaviest sector is Real Estate — making up 100.0% of
the total portfolio value.
The fund focuses on investments in the United States as
100.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.38 billion.
These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ready Capital Corp |
No change
3,908,983
|
$31,975,481,000 | 100.00% |
| FlexShopper Inc |
Closed
1,629,547
|
$2,428,025,000 | |
| No transactions found | |||
| Showing first 500 out of 2 holdings | |||