Bayview Asset Management, LLC In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Bayview Asset Management, LLC reported 23 stock positions worth $248.2 million . Its top holding was Enact (ACT) at 33.3% of the portfolio, followed by iShares US Real Estate ETF (IYR, 21.7% ) and New York Community Bancorp (FLG, 9.2% ). Compared with Q4 2023, it opened 13 new positions, sold out of 3, added to 3 and reduced 7. The biggest buy was a new position in iShares US Real Estate ETF (IYR) and the biggest sale Enact (ACT, shares −40% ).
Location CORAL GABLES, FL
CIK 0001767366
Portfolio Value $248.2M (Q1 2024) Holdings 23 stocks · $248.2M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 ACT Enact Holdings Inc. 2,653,503 $82.7M Reduce -39.9% IYR iShares US Real Estate ETF 600,000 $53.9M New FLG New York Community Bancorp 7,500 $22.8M New KRE SS SPDR S&P Regional Bank 450,000 $22.6M Add +1400.0% BANC Banc of California Inc. 1,348,130 $20.1M Reduce -33.7% GHLD Guild Holdings Co. Class A 1,235,526 $18.2M Add +49.4% XLF SS Financial Select Sector 390,000 $16.4M New USB US Bancorp 25,000 $1.1M Add +35.1% HBAN Huntington Bancshares Inc. 75,000 $1.0M New ITB iShares U.S. Home Constructi 9,000 $1.0M New CB Chubb Ltd. 4,000 $1.0M Reduce -20.0% TFC Truist Financial Corp. 24,000 $936K New JPM JPMorgan Chase & Co. 4,500 $901K New GL Globe Life Inc. 7,421 $864K Reduce -25.8% MFA Mfa Financial Inc. 70,000 $799K New FAF First American Financial 11,000 $672K Reduce -31.3% REM iShares Mortgage Real Estate 25,000 $581K New MTH Meritage Homes Corp. 3,000 $526K New WBS Webster Financial Corp. 10,000 $508K Reduce -56.0% BKU Bankunited Inc. 15,000 $420K New WD Walker & Dunlop Inc. 3,500 $354K New AX Axos Financial Inc. 5,000 $270K Reduce -66.7% HIG Hartford Insurance Group Inc. 2,500 $258K New
Options reported separately and not counted above: USB puts ($1.6M), HBAN puts ($1.4M), TFC puts ($1.4M), CB puts ($1.3M), HIG puts ($1.3M), JPM puts ($1.2M), WD puts ($1.0M).
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ ACT Enact Holdings Inc. Reduce -39.9% 33.33% −38.71 BANC Banc of California Inc. Reduce -33.7% 8.11% −7.33 CBRE CBRE Group Inc. Class A Sold out 0.00% −0.63 TCN Tricon Residential Inc. Sold out 0.00% −0.57 WBS Webster Financial Corp. Reduce -56.0% 0.20% −0.45 BRSP Brightspire Capital Inc. Sold out 0.00% −0.38 AX Axos Financial Inc. Reduce -66.7% 0.11% −0.35 GL Globe Life Inc. Reduce -25.8% 0.35% −0.34 FAF First American Financial Reduce -31.3% 0.27% −0.31 CB Chubb Ltd. Reduce -20.0% 0.42% −0.22
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ IYR iShares US Real Estate ETF New 21.73% +21.73 FLG New York Community Bancorp New 9.19% +9.19 KRE SS SPDR S&P Regional Bank Add +1400.0% 9.12% +8.23 XLF SS Financial Select Sector New 6.62% +6.62 GHLD Guild Holdings Co. Class A Add +49.4% 7.34% +0.76 HBAN Huntington Bancshares Inc. New 0.42% +0.42 ITB iShares U.S. Home Constructi New 0.42% +0.42 TFC Truist Financial Corp. New 0.38% +0.38 JPM JPMorgan Chase & Co. New 0.36% +0.36 MFA Mfa Financial Inc. New 0.32% +0.32 REM iShares Mortgage Real Estate New 0.23% +0.23 MTH Meritage Homes Corp. New 0.21% +0.21 BKU Bankunited Inc. New 0.17% +0.17 WD Walker & Dunlop Inc. New 0.14% +0.14 HIG Hartford Insurance Group Inc. New 0.10% +0.10 USB US Bancorp Add +35.1% 0.45% −0.00
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ XLF SS Financial Select Sector put Sold out 1,333,600 $50.1Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put Sold out 86,000 $40.9Mbefore exit IWM iShares Russell 2000 ETF put Sold out 97,400 $19.5Mbefore exit IYR iShares US Real Estate ETF put Sold out 20,000 $1.8Mbefore exit HBAN Huntington Bancshares Inc. put New 100,000 $1.4M TFC Truist Financial Corp. put New 35,000 $1.4M HIG Hartford Insurance Group Inc. put New 12,500 $1.3M GL Globe Life Inc. put Sold out 10,000 $1.2Mbefore exit JPM JPMorgan Chase & Co. put New 6,000 $1.2M FLG New York Community Bancorp put Sold out 100,000 $1.0Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 44 $133.8M FRBT, BBT, RITM, SSB, CBRE Q1 2026 42 $119.8M BANC, BBT, XLF, FNF, APO Q4 2025 45 $111.0M BBT, BANC, ARCC, RITM, JPM Q3 2025 45 $130.1M GHLD, BANC, BBT, HIG, RITM Q2 2025 35 $99.4M GHLD, BANC, BBT, BNY, JPM Q1 2025 33 $89.0M GHLD, BANC, BBT, PNC, JPM Q4 2024 21 $76.6M GHLD, BANC, BBT, FISI, GL Q3 2024 24 $179.2M ACT, GHLD, BANC, FLG, WSBC Q2 2024 28 $169.7M ACT, FLG, GHLD, BANC, WBS Q1 2024 23 $248.2M ACT, IYR, FLG, KRE, BANC