Bayview Asset Management, LLC In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Bayview Asset Management, LLC reported 21 stock positions worth $76.6 million . Its top holding was Guild Class A (GHLD) at 29.4% of the portfolio, followed by Banc of California (BANC, 20.0% ) and Beacon Financial (BBT, 12.2% ). Compared with Q3 2024, it opened 9 new positions, sold out of 12, added to 8 and reduced 3. The biggest buy was Guild Class A (GHLD, shares +6% ) and the biggest sale an exit from Enact (ACT).
Location CORAL GABLES, FL
CIK 0001767366
Portfolio Value $76.6M (Q4 2024) Holdings 21 stocks · $76.6M 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 Q3 2024 GHLD Guild Holdings Co. Class A 1,595,844 $22.5M Add +6.3% BANC Banc of California Inc. 993,130 $15.4M No change BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 344,828 $9.3M New FISI Financial Institutions Inc. 171,889 $4.7M Add +1345.8% GL Globe Life Inc. 25,200 $2.8M Reduce -32.4% WBS Webster Financial Corp. 48,250 $2.7M Add +865.0% USB US Bancorp 51,150 $2.4M New BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 24,300 $1.9M New RITM Rithm Capital Corp. 150,000 $1.6M Add +7.1% AVB Avalonbay Communities Inc. 7,143 $1.6M Add +26.9% FLG Flagstar Bank NA 166,666 $1.6M Reduce -83.3% TFC Truist Financial Corp. 32,500 $1.4M Add +116.7% PHM Pultegroup Inc. 11,688 $1.3M Add +103.3% LEN Lennar Corp. Class A 9,091 $1.2M New AXP American Express Co. 4,125 $1.2M New MTH Meritage Homes Corp. 7,143 $1.1M Add +78.6% ONB Old National Bancorp 46,684 $1.0M New JLL Jones Lang Lasalle Inc. 3,750 $949K New AGNC AGNC Investment Corp. 90,000 $829K New ESNT Essent Group Ltd. 12,300 $670K Reduce -29.7% BPOP Popular Inc. 5,135 $483K New
Options reported separately and not counted above: KRE puts ($18.1M), ITB puts ($4.0M), WBS puts ($2.8M), XLF puts ($2.4M), KRE calls ($2.4M), USB puts ($2.4M), BNY puts ($2.3M), AXP puts ($2.2M), AVB puts ($2.2M), TFC puts ($2.2M), GL puts ($1.7M), REM puts ($1.5M), and 2 more.
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ ACT Enact Holdings Inc. Sold out 0.00% −53.81 WSBC Wesbanco Inc. Sold out 0.00% −5.75 FLG Flagstar Bank NA Reduce -83.3% 2.03% −4.24 FHN First Horizon Corp. Sold out 0.00% −1.45 WFC Wells Fargo & Co. Sold out 0.00% −0.87 FNF Fidelity National Financial Sold out 0.00% −0.78 CBRE CBRE Group Inc. Class A Sold out 0.00% −0.59 CB Chubb Ltd. Sold out 0.00% −0.48 ACGL Arch Capital Group Ltd. Sold out 0.00% −0.47 MFA Mfa Financial Inc. Sold out 0.00% −0.43 SCHW Schwab (charles) Corp. Sold out 0.00% −0.36 JPM JPMorgan Chase & Co. Sold out 0.00% −0.35 WTFC Wintrust Financial Corp. Sold out 0.00% −0.30 ESNT Essent Group Ltd. Reduce -29.7% 0.87% +0.25 GL Globe Life Inc. Reduce -32.4% 3.67% +1.47
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ GHLD Guild Holdings Co. Class A Add +6.3% 29.39% +15.46 BBT Beacon Financial Corp. New 12.18% +12.18 FISI Financial Institutions Inc. Add +1345.8% 6.12% +5.95 WBS Webster Financial Corp. Add +865.0% 3.48% +3.35 USB US Bancorp New 3.19% +3.19 BNY Bank of New York Mellon Corp. New 2.44% +2.44 LEN Lennar Corp. Class A New 1.62% +1.62 AXP American Express Co. New 1.60% +1.60 TFC Truist Financial Corp. Add +116.7% 1.84% +1.48 AVB Avalonbay Communities Inc. Add +26.9% 2.05% +1.34 ONB Old National Bancorp New 1.32% +1.32 JLL Jones Lang Lasalle Inc. New 1.24% +1.24 RITM Rithm Capital Corp. Add +7.1% 2.12% +1.23 PHM Pultegroup Inc. Add +103.3% 1.66% +1.20 AGNC AGNC Investment Corp. New 1.08% +1.08 MTH Meritage Homes Corp. Add +78.6% 1.43% +0.98 BPOP Popular Inc. New 0.63% +0.63
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Sold out 59,500 $34.1Mbefore exit KRE SS SPDR S&P Regional Bank put Add +25.5% 300,000 $18.1M ITB iShares U.S. Home Constructi put New 39,000 $4.0M WBS Webster Financial Corp. put New 50,000 $2.8M FHN First Horizon Corp. put Sold out 170,000 $2.6Mbefore exit IYR iShares US Real Estate ETF call Sold out 24,000 $2.4Mbefore exit XLF SS Financial Select Sector put Reduce -91.1% 50,000 $2.4M KRE SS SPDR S&P Regional Bank call Reduce -52.9% 40,000 $2.4M USB US Bancorp put New 50,000 $2.4M BNY Bank of New York Mellon Corp. put New 30,000 $2.3M AXP American Express Co. put New 7,500 $2.2M AVB Avalonbay Communities Inc. put Add +33.3% 10,000 $2.2M TFC Truist Financial Corp. put Add +100.0% 50,000 $2.2M CB Chubb Ltd. put Sold out 7,500 $2.2Mbefore exit GL Globe Life Inc. put Reduce -38.0% 15,500 $1.7M WFC Wells Fargo & Co. put Sold out 30,000 $1.7Mbefore exit ACGL Arch Capital Group Ltd. put Sold out 15,000 $1.7Mbefore exit FNF Fidelity National Financial put Sold out 25,000 $1.6Mbefore exit REM iShares Mortgage Real Estate put Add +11.5% 72,500 $1.5M IYR iShares US Real Estate ETF put Reduce -96.6% 15,000 $1.4M JLL Jones Lang Lasalle Inc. put New 5,000 $1.3M CBRE CBRE Group Inc. Class A put Sold out 10,000 $1.2Mbefore exit SCHW Schwab (charles) Corp. put Sold out 13,000 $843Kbefore 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