Bayview Asset Management, LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Bayview Asset Management, LLC reported 24 stock positions worth $179.2 million . Its top holding was Enact (ACT) at 53.8% of the portfolio, followed by Guild Class A (GHLD, 13.9% ) and Banc of California (BANC, 8.2% ). Compared with Q2 2024, it opened 7 new positions, sold out of 11, added to 3 and reduced 12. The biggest buy was a new position in Wesbanco (WSBC) and the biggest sale Flagstar Bank NA (FLG, shares −60% ).
Location CORAL GABLES, FL
CIK 0001767366
Portfolio Value $179.2M (Q3 2024) Holdings 24 stocks · $179.2M 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 Q2 2024 ACT Enact Holdings Inc. 2,653,503 $96.4M No change GHLD Guild Holdings Co. Class A 1,500,517 $25.0M Add +18.0% BANC Banc of California Inc. 993,130 $14.6M Reduce -26.3% FLG Flagstar Bank NA filed as NEW YORK CMNTY BANCORP INC 999,999 $11.2M Reduce -60.0% WSBC Wesbanco Inc. 363,639 $10.3M New GL Globe Life Inc. 37,250 $3.9M Add +49.0% FHN First Horizon Corp. 167,000 $2.6M Add +220.3% RITM Rithm Capital Corp. 140,000 $1.6M No change WFC Wells Fargo & Co. 27,500 $1.6M New FNF Fidelity National Financial 22,500 $1.4M New AVB Avalonbay Communities Inc. 5,630 $1.3M New ESNT Essent Group Ltd. 17,500 $1.1M Reduce -30.0% CBRE CBRE Group Inc. Class A 8,500 $1.1M Reduce -54.0% CB Chubb Ltd. 3,000 $865K Reduce -54.5% ACGL Arch Capital Group Ltd. 7,500 $839K New PHM Pultegroup Inc. 5,750 $825K Reduce -42.5% MTH Meritage Homes Corp. 4,000 $820K New MFA Mfa Financial Inc. 60,000 $763K Reduce -25.0% SCHW Schwab (charles) Corp. 10,000 $648K New TFC Truist Financial Corp. 15,000 $642K Reduce -14.3% JPM JPMorgan Chase & Co. 3,000 $633K Reduce -45.5% WTFC Wintrust Financial Corp. 5,000 $543K Reduce -72.2% FISI Financial Institutions Inc. 11,889 $303K Reduce -57.0% WBS Webster Financial Corp. 5,000 $233K Reduce -92.1%
Options reported separately and not counted above: IYR puts ($44.8M), SPY puts ($34.1M), XLF puts ($25.4M), KRE puts ($13.5M), KRE calls ($4.8M), GL puts ($2.6M), FHN puts ($2.6M), IYR calls ($2.4M), CB puts ($2.2M), WFC puts ($1.7M), AVB puts ($1.7M), ACGL puts ($1.7M), and 5 more.
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ FLG Flagstar Bank NA Reduce -60.0% 6.27% −7.97 BANC Banc of California Inc. Reduce -26.3% 8.17% −1.99 WBS Webster Financial Corp. Reduce -92.1% 0.13% −1.50 FAF First American Financial Sold out 0.00% −0.98 ABCB Ameris Bancorp Sold out 0.00% −0.89 DHI D.R. Horton Inc. Sold out 0.00% −0.83 PB Prosperity Bancshares Inc. Sold out 0.00% −0.81 WTFC Wintrust Financial Corp. Reduce -72.2% 0.30% −0.74 STC Stewart Information Services Sold out 0.00% −0.59 HBAN Huntington Bancshares Inc. Sold out 0.00% −0.58 CB Chubb Ltd. Reduce -54.5% 0.48% −0.51 CBRE CBRE Group Inc. Class A Reduce -54.0% 0.59% −0.38 JLL Jones Lang Lasalle Inc. Sold out 0.00% −0.36 TOL Toll Brothers Inc. Sold out 0.00% −0.34 AX Axos Financial Inc. Sold out 0.00% −0.34 JPM JPMorgan Chase & Co. Reduce -45.5% 0.35% −0.30 ESNT Essent Group Ltd. Reduce -30.0% 0.63% −0.20 PHM Pultegroup Inc. Reduce -42.5% 0.46% −0.19 BKU Bankunited Inc. Sold out 0.00% −0.17 FISI Financial Institutions Inc. Reduce -57.0% 0.17% −0.15 ALL Allstate Corp. Sold out 0.00% −0.09 MFA Mfa Financial Inc. Reduce -25.0% 0.43% −0.08 TFC Truist Financial Corp. Reduce -14.3% 0.36% −0.04
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ WSBC Wesbanco Inc. New 5.75% +5.75 GHLD Guild Holdings Co. Class A Add +18.0% 13.93% +2.85 GL Globe Life Inc. Add +49.0% 2.20% +0.99 FHN First Horizon Corp. Add +220.3% 1.45% +0.96 WFC Wells Fargo & Co. New 0.87% +0.87 FNF Fidelity National Financial New 0.78% +0.78 AVB Avalonbay Communities Inc. New 0.71% +0.71 ACGL Arch Capital Group Ltd. New 0.47% +0.47 MTH Meritage Homes Corp. New 0.46% +0.46 SCHW Schwab (charles) Corp. New 0.36% +0.36
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ IYR iShares US Real Estate ETF put Add +51.7% 440,000 $44.8M XLF SS Financial Select Sector put New 559,400 $25.4M SELECT SECTOR SPDR TR put Sold out 529,400 $21.8Mbefore exit KRE SS SPDR S&P Regional Bank put Add +91.2% 239,000 $13.5M KRE SS SPDR S&P Regional Bank call Reduce -50.0% 85,000 $4.8M WBS Webster Financial Corp. put Sold out 70,000 $3.1Mbefore exit GL Globe Life Inc. put New 25,000 $2.6M FHN First Horizon Corp. put New 170,000 $2.6M JPM JPMorgan Chase & Co. put Sold out 11,000 $2.2Mbefore exit SELECT SECTOR SPDR TR call Sold out 50,000 $2.1Mbefore exit HBAN Huntington Bancshares Inc. put Sold out 150,000 $2.0Mbefore exit WFC Wells Fargo & Co. put New 30,000 $1.7M AVB Avalonbay Communities Inc. put New 7,500 $1.7M ACGL Arch Capital Group Ltd. put Reduce -25.0% 15,000 $1.7M FNF Fidelity National Financial put New 25,000 $1.6M ITB iShares U.S. Home Constructi call Sold out 12,500 $1.3Mbefore exit CBRE CBRE Group Inc. Class A put Reduce -50.0% 10,000 $1.2M FAF First American Financial put Sold out 20,000 $1.1Mbefore exit JLL Jones Lang Lasalle Inc. put Sold out 5,000 $1.0Mbefore exit SCHW Schwab (charles) Corp. put New 13,000 $843K
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