13F-HR: Rithm Capital Discloses Q2 2025 Holdings

Rithm Capital Corp. filed its Q2 2025 Form 13F-HR, revealing $49.99 million in managed equity holdings across 32 positions.

Summary

• Rithm Capital Corp. filed its Form 13F-HR for the quarter ended June 30, 2025.
• The report details the institutional investment manager's equity holdings.
• The total value of the reported holdings is $49,996,986.
• The filing includes 32 distinct equity positions.
• Rithm Capital Corp. operates with information barriers, reporting its holdings separately from its Sculptor Capital LP subsidiaries.

Sentiment

Score: 5

Explanation: The filing is a standard regulatory disclosure of equity holdings and does not contain qualitative information that would indicate a positive or negative sentiment regarding the reporting entity's performance or outlook.

Positives

• Disclosure of investment strategy through holdings provides transparency to investors.
• The portfolio exhibits diversification across various industries, including energy, utilities, construction, and technology.
• Significant holdings in Rithm Property Trust Inc. and Rithm Acquisition Corp. align with the parent company's broader interests.

Negatives

• The filing itself does not present financial performance or negative operational aspects of Rithm Capital Corp.; it is solely a disclosure of holdings.

Risks

• The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete; readers should not assume the information is accurate and complete.

Future Outlook

This Form 13F-HR filing is a historical disclosure of equity holdings as of June 30, 2025, and does not contain any forward-looking statements or guidance regarding future performance or investment strategy.

Management Comments

• The person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.
• Rithm Capital Corp. ultimately owns a number of subsidiaries that exercise investment discretion over Section 13(f) Securities, including Sculptor Capital LP and its subsidiary, Sculptor Capital II LP (collectively, 'Sculptor').
• There are information barriers and procedures in place to ensure that investment discretion by the Sculptor entities is exercised independently from the Reporting Person and its non-Sculptor subsidiaries.
• As such, the Reporting Person reports the Section 13(f) positions over which it and its non-Sculptor subsidiaries exercise investment discretion on a separate Form 13F from the Sculptor entities.

Industry Context

Form 13F-HR filings are mandatory quarterly disclosures by institutional investment managers with over $100 million in Section 13(f) securities, providing transparency into their equity portfolios. This filing by Rithm Capital Corp. offers insight into its investment allocation and strategy, particularly its significant holdings in real estate and acquisition-related entities, which aligns with its broader business model as a diversified financial services company focused on real estate and asset management. The disclosure of holdings can influence market perception of the underlying securities and provide data for other market participants to analyze investment trends.

Comparison to Industry Standards

• As a Form 13F-HR, this filing primarily serves as a disclosure of equity holdings rather than a performance report. Therefore, direct comparison of 'results' to global benchmarks or specific comparable companies is not applicable in the traditional sense of financial performance.
• The portfolio composition can be analyzed against industry trends. Rithm Capital Corp.'s significant holdings in its own related entities, such as Rithm Property Trust Inc. and Rithm Acquisition Corp., are consistent with a strategy of internal investment and alignment of interests.
• The portfolio also includes a diverse range of large-cap and mid-cap companies across various sectors like industrials (e.g., Eaton Corp PLC, Parker-Hannifin Corp), utilities (e.g., NextEra Energy Inc., Duke Energy Corp), and energy (e.g., Cheniere Energy Inc., Targa Res Corp), reflecting a broad market exposure typical of diversified institutional investors.

Corporate Governance

Related Party Transactions

• Rithm Capital Corp. (the 'Reporting Person') ultimately owns a number of subsidiaries that exercise investment discretion over Section 13(f) Securities, including Sculptor Capital LP and its subsidiary, Sculptor Capital II LP (collectively, 'Sculptor').
• The filing indicates significant holdings in Rithm Property Trust Inc. (both common stock and fixed-to-float preferred shares) and Rithm Acquisition Corp. Unit, which are entities related to the Reporting Person.

Stakeholder Impact

• Shareholders: Provides transparency into Rithm Capital Corp.'s equity investment strategy and portfolio composition, allowing shareholders to assess the types of assets the company manages.
• Investment Professionals: Offers data for market analysis, competitive benchmarking, and understanding institutional investment trends.
• Regulatory Authorities: Fulfills mandatory disclosure requirements set by the SEC, ensuring compliance and market transparency.

Next Steps

• The filing does not specify any future actions, events, or milestones for Rithm Capital Corp. beyond the regular quarterly reporting requirements for institutional investment managers.

Key Dates

Keywords

Rithm Capital Corp., 13F-HR, Institutional Holdings, Equity Portfolio, Investment Management, SEC Filing, Q2 2025, Sculptor Capital, Financial Disclosure