Bayview Asset Management, LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Bayview Asset Management, LLC reported 45 stock positions worth $130.1 million . Its top holding was Guild Class A (GHLD) at 24.5% of the portfolio, followed by Banc of California (BANC, 12.6% ) and Beacon Financial (BBT, 8.3% ). Compared with Q2 2025, it opened 19 new positions, sold out of 9, added to 9 and reduced 13. The biggest buy was a new position in Hartford Insurance (HIG) and the biggest sale an exit from Bank of New York Mellon (BNY).
Location CORAL GABLES, FL
CIK 0001767366
Portfolio Value $130.1M (Q3 2025) Holdings 45 stocks · $130.1M 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 2025 GHLD Guild Holdings Co. Class A 1,595,844 $31.8M No change BANC Banc of California Inc. 993,130 $16.4M No change BBT Beacon Financial Corp. 456,144 $10.8M Add +32.3% HIG Hartford Insurance Group Inc. 23,500 $3.1M New RITM Rithm Capital Corp. 275,000 $3.1M Add +214.3% SPGI S&P Global Inc. 6,000 $2.9M New CB Chubb Ltd. 10,000 $2.8M New MFA Mfa Financial Inc. 300,000 $2.8M New ONB Old National Bancorp 125,000 $2.7M Add +167.8% ESNT Essent Group Ltd. 42,300 $2.7M Add +243.9% WSBC Wesbanco Inc. 80,000 $2.6M Add +48.1% TFC Truist Financial Corp. 55,308 $2.5M Add +101.1% MA Mastercard Inc. Class A 4,423 $2.5M New PNC PNC Financial Services Group 12,000 $2.4M No change MTG Mgic Investment Corp. 80,658 $2.3M New USB US Bancorp 45,000 $2.2M Reduce -10.0% TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 20,616 $2.1M New RJF Raymond James Financial Inc. 11,975 $2.1M New INVH Invitation Homes Inc. 70,000 $2.1M New HBAN Huntington Bancshares Inc. 118,214 $2.0M New ICE Intercontinental Exchange Inc. 11,650 $2.0M New FLG Flagstar Bank NA 166,666 $1.9M No change FITB Fifth Third Bancorp 42,500 $1.9M New C Citigroup Inc. 17,500 $1.8M Reduce -12.5% MRSH Marsh & McLennan Cos 8,100 $1.6M New SBSI Southside Bancshares Inc. 57,500 $1.6M New JPM JPMorgan Chase & Co. 5,000 $1.6M Reduce -44.4% NTRS Northern Trust Corp. 11,396 $1.5M Add +14.0% HBNC Horizon Bancorp Inc. 94,817 $1.5M New BAC Bank of America Corp. filed as BANK AMERICA CORP 27,500 $1.4M Reduce -35.3% FNB FNB Corp. 85,735 $1.4M Add +242.9% FISI Financial Institutions Inc. 50,000 $1.4M Reduce -42.9% FULT Fulton Financial Corp. 63,040 $1.2M New BUSE First Busey Corp. 50,000 $1.2M Reduce -22.3% BKU Bankunited Inc. 25,000 $954K Reduce -37.5% BPOP Popular Inc. 6,000 $762K Reduce -58.1% WD Walker & Dunlop Inc. 9,000 $753K New UMBF Umb Financial Corp. 5,741 $679K Add +4.4% PB Prosperity Bancshares Inc. 10,000 $664K New ALL Allstate Corp. 3,000 $644K New TMHC Taylor Morrison Home Corp. 6,587 $435K Reduce -59.0% GL Globe Life Inc. 2,682 $383K Reduce -10.6% FAF First American Financial 5,000 $321K Reduce -73.9% JLL Jones Lang Lasalle Inc. 1,050 $313K Reduce -14.4% RF Regions Financial Corp. 10,000 $264K Reduce -88.1%
Options reported separately and not counted above: SPY puts ($186.7M), KRE puts ($19.0M), JPM puts ($4.7M), HIG puts ($4.0M), CB puts ($3.5M), USB puts ($3.4M), MTG puts ($3.2M), TFC puts ($3.2M), ESNT puts ($3.2M), RITM puts ($3.1M), C puts ($3.0M), MRSH puts ($3.0M), and 15 more.
Portfolio Sells Q2 2025 → Q3 2025 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 2025 % Of Portfolio Change To Portfolio ▲ BNY Bank of New York Mellon Corp. Sold out 0.00% −3.26 STT State Street Corp. Sold out 0.00% −1.95 TRV The Travelers Cos Inc. Sold out 0.00% −1.80 NLY Annaly Capital Management Inc. Sold out 0.00% −1.80 RF Regions Financial Corp. Reduce -88.1% 0.20% −1.79 SCHW Schwab (charles) Corp. Sold out 0.00% −1.58 JPM JPMorgan Chase & Co. Reduce -44.4% 1.21% −1.41 FISI Financial Institutions Inc. Reduce -42.9% 1.05% −1.22 ZION Zions Bancorp NA Sold out 0.00% −1.05 BPOP Popular Inc. Reduce -58.1% 0.59% −1.00 PHM Pultegroup Inc. Sold out 0.00% −0.99 FAF First American Financial Reduce -73.9% 0.25% −0.94 BAC Bank of America Corp. Reduce -35.3% 1.09% −0.93 BKU Bankunited Inc. Reduce -37.5% 0.73% −0.70 TMHC Taylor Morrison Home Corp. Reduce -59.0% 0.33% −0.66 DHI D.R. Horton Inc. Sold out 0.00% −0.63 USB US Bancorp Reduce -10.0% 1.67% −0.61 BUSE First Busey Corp. Reduce -22.3% 0.89% −0.59 C Citigroup Inc. Reduce -12.5% 1.36% −0.35 MTH Meritage Homes Corp. Sold out 0.00% −0.26 GL Globe Life Inc. Reduce -10.6% 0.29% −0.08 JLL Jones Lang Lasalle Inc. Reduce -14.4% 0.24% −0.07
Portfolio Buys Q2 2025 → Q3 2025 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 2025 % Of Portfolio Change To Portfolio ▼ HIG Hartford Insurance Group Inc. New 2.41% +2.41 SPGI S&P Global Inc. New 2.24% +2.24 CB Chubb Ltd. New 2.17% +2.17 MFA Mfa Financial Inc. New 2.12% +2.12 MA Mastercard Inc. Class A New 1.93% +1.93 MTG Mgic Investment Corp. New 1.76% +1.76 TROW T Rowe Price Group Inc. New 1.63% +1.63 RJF Raymond James Financial Inc. New 1.59% +1.59 INVH Invitation Homes Inc. New 1.58% +1.58 HBAN Huntington Bancshares Inc. New 1.57% +1.57 ICE Intercontinental Exchange Inc. New 1.51% +1.51 FITB Fifth Third Bancorp New 1.46% +1.46 RITM Rithm Capital Corp. Add +214.3% 2.41% +1.41 ESNT Essent Group Ltd. Add +243.9% 2.07% +1.31 MRSH Marsh & McLennan Cos New 1.25% +1.25 SBSI Southside Bancshares Inc. New 1.25% +1.25 HBNC Horizon Bancorp Inc. New 1.17% +1.17 ONB Old National Bancorp Add +167.8% 2.11% +1.11 FULT Fulton Financial Corp. New 0.90% +0.90 TFC Truist Financial Corp. Add +101.1% 1.94% +0.75 FNB FNB Corp. Add +242.9% 1.06% +0.69 WD Walker & Dunlop Inc. New 0.58% +0.58 PB Prosperity Bancshares Inc. New 0.51% +0.51 ALL Allstate Corp. New 0.49% +0.49 WSBC Wesbanco Inc. Add +48.1% 1.96% +0.24 UMBF Umb Financial Corp. Add +4.4% 0.52% −0.06 NTRS Northern Trust Corp. Add +14.0% 1.18% −0.10 BBT Beacon Financial Corp. Add +32.3% 8.31% −0.38
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +72.8% 280,200 $186.7M KRE SS SPDR S&P Regional Bank put Add +140.0% 300,000 $19.0M JPM JPMorgan Chase & Co. put Reduce -25.0% 15,000 $4.7M KRE SS SPDR S&P Regional Bank call Sold out 75,000 $4.5Mbefore exit BNY Bank of New York Mellon Corp. put Sold out 45,000 $4.1Mbefore exit HIG Hartford Insurance Group Inc. put New 30,000 $4.0M CB Chubb Ltd. put New 12,500 $3.5M USB US Bancorp put Add +40.0% 70,000 $3.4M MTG Mgic Investment Corp. put New 113,000 $3.2M TFC Truist Financial Corp. put Add +40.0% 70,000 $3.2M ESNT Essent Group Ltd. put New 50,000 $3.2M RITM Rithm Capital Corp. put New 275,000 $3.1M MRSH Marsh & McLennan Cos put New 15,000 $3.0M RJF Raymond James Financial Inc. put New 17,500 $3.0M INVH Invitation Homes Inc. put New 100,000 $2.9M SPGI S&P Global Inc. put New 6,000 $2.9M MA Mastercard Inc. Class A put New 5,000 $2.8M MFA Mfa Financial Inc. put New 300,000 $2.8M ALL Allstate Corp. put New 12,500 $2.7M TRV The Travelers Cos Inc. put Sold out 10,000 $2.7Mbefore exit FITB Fifth Third Bancorp put New 60,000 $2.7M STT State Street Corp. put Sold out 25,000 $2.7Mbefore exit HBAN Huntington Bancshares Inc. put New 150,000 $2.6M BAC Bank of America Corp. put Reduce -33.3% 50,000 $2.6M TROW T Rowe Price Group Inc. put New 25,000 $2.6M HIG Hartford Insurance Group Inc. call Sold out 20,000 $2.5Mbefore exit NLY Annaly Capital Management Inc. put Sold out 125,000 $2.4Mbefore exit RF Regions Financial Corp. put Sold out 100,000 $2.4Mbefore exit SCHW Schwab (charles) Corp. put Sold out 25,000 $2.3Mbefore exit ICE Intercontinental Exchange Inc. put New 12,500 $2.1M ZION Zions Bancorp NA put Sold out 40,000 $2.1Mbefore exit ALL Allstate Corp. call Sold out 10,000 $2.0Mbefore exit FAF First American Financial put New 30,000 $1.9M ITB iShares U.S. Home Constructi call Sold out 19,500 $1.8Mbefore exit IYR iShares US Real Estate ETF put Sold out 18,000 $1.7Mbefore exit WD Walker & Dunlop Inc. put New 20,000 $1.7M REM iShares Mortgage Real Estate put Sold out 71,500 $1.5Mbefore 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