Bayview Asset Management, LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Bayview Asset Management, LLC reported 42 stock positions worth $119.8 million . Its top holding was Banc of California (BANC) at 10.6% of the portfolio, followed by Beacon Financial (BBT, 9.9% ) and SS Financial Select Sector (XLF, 7.7% ). Compared with Q4 2025, it opened 16 new positions, sold out of 19, added to 12 and reduced 10. The biggest buy was a new position in Fidelity National Financial (FNF) and the biggest sale an exit from Vaneck BDC Income ETF (BIZD).
Location CORAL GABLES, FL
CIK 0001767366
Portfolio Value $119.8M (Q1 2026) Holdings 42 stocks · $119.8M 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 2025 BANC Banc of California Inc. 725,000 $12.7M No change BBT Beacon Financial Corp. 394,828 $11.8M Reduce -27.5% XLF SS Financial Select Sector 187,000 $9.2M Add +446.8% FNF Fidelity National Financial 183,100 $8.5M New APO Apollo Global Management Inc. 40,000 $4.5M Add +122.2% ONB Old National Bancorp 190,000 $4.2M Add +31.0% CBSH Commerce Bancshares Inc. 85,000 $4.2M New QQQ Invesco QQQ Trust Series 1 7,140 $4.1M New JPM JPMorgan Chase & Co. 13,500 $4.0M Add +8.0% ASB Associated Banc-Corp. 150,000 $3.9M New RITM Rithm Capital Corp. 405,707 $3.8M Reduce -4.8% BANR Banner Corporation 60,000 $3.6M New ARCC Ares Capital Corp. 185,258 $3.3M Reduce -31.4% COLB Columbia Banking System Inc. 111,586 $3.1M New SPGI S&P Global Inc. 6,650 $2.8M Add +107.8% SCHW Schwab (charles) Corp. 28,977 $2.7M New OFG Ofg Bancorp 61,794 $2.5M New FNB FNB Corp. 145,979 $2.4M Add +1.4% UMBF Umb Financial Corp. 20,968 $2.4M Add +109.7% CBRE CBRE Group Inc. Class A 17,350 $2.4M New FLG Flagstar Bank NA 166,666 $2.2M No change BAC Bank of America Corp. filed as BANK AMERICA CORP 45,000 $2.2M Add +50.0% FFBC First Financial Bancorp filed as 1ST FINL BANCORP 76,611 $2.1M Add +27.7% TOWN Towne Bank 63,302 $2.1M Add +15.1% EFC Ellington Financial Inc. 176,500 $2.1M New HBNC Horizon Bancorp Inc. 118,372 $2.0M Add +24.0% NWBI Northwest Bancshares Inc. 151,965 $1.9M Add +68.8% FISI Financial Institutions Inc. 50,000 $1.6M No change FBP First Bancorp Puerto Rico 64,646 $1.4M New NRIM Northrim Bancorp Inc. 50,540 $1.2M New FULT Fulton Financial Corp. 47,000 $956K Reduce -18.3% JLL Jones Lang Lasalle Inc. 1,733 $527K New BUSE First Busey Corp. 20,000 $505K Reduce -72.2% SBSI Southside Bancshares Inc. 15,000 $466K Reduce -82.5% FG F&G Annuities & Life Inc. 15,000 $380K New TMHC Taylor Morrison Home Corp. 6,000 $349K Reduce -33.3% GL Globe Life Inc. 2,500 $348K Reduce -66.7% PGR Progressive Corp. 1,500 $297K New C Citigroup Inc. 2,500 $284K Reduce -81.5% WSBC Wesbanco Inc. 7,500 $259K Reduce -90.7% BKU Bankunited Inc. 5,000 $226K No change NBTB N B T Bancorp Inc. 5,168 $220K New
Options reported separately and not counted above: RSP puts ($54.7M), KRE puts ($23.8M), XLF puts ($12.3M), FNF puts ($8.8M), JPM puts ($5.9M), QQQ puts ($5.8M), APO puts ($4.5M), RITM puts ($4.3M), ARCC puts ($3.6M), SPGI puts ($3.2M), BAC puts ($3.2M), SCHW puts ($3.1M), and 4 more.
Portfolio Sells Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▲ BIZD Vaneck BDC Income ETF Sold out 0.00% −3.50 BBT Beacon Financial Corp. Reduce -27.5% 9.89% −3.06 BXSL Blackstone Secured Lending F Sold out 0.00% −2.54 USB US Bancorp Sold out 0.00% −2.40 WSBC Wesbanco Inc. Reduce -90.7% 0.22% −2.19 ARCC Ares Capital Corp. Reduce -31.4% 2.79% −2.13 MFA Mfa Financial Inc. Sold out 0.00% −2.12 BRO Brown & Brown Inc. Sold out 0.00% −2.02 RF Regions Financial Corp. Sold out 0.00% −1.95 SBSI Southside Bancshares Inc. Reduce -82.5% 0.39% −1.95 CB Chubb Ltd. Sold out 0.00% −1.69 ITB iShares U.S. Home Constructi Sold out 0.00% −1.61 PNC PNC Financial Services Group Sold out 0.00% −1.50 V Visa Inc. Class A Sold out 0.00% −1.50 RJF Raymond James Financial Inc. Sold out 0.00% −1.47 TFC Truist Financial Corp. Sold out 0.00% −1.42 WD Walker & Dunlop Inc. Sold out 0.00% −1.34 TRV The Travelers Cos Inc. Sold out 0.00% −1.31 C Citigroup Inc. Reduce -81.5% 0.24% −1.18 BUSE First Busey Corp. Reduce -72.2% 0.42% −1.12 HIG Hartford Insurance Group Inc. Sold out 0.00% −1.12 RITM Rithm Capital Corp. Reduce -4.8% 3.21% −0.97 ICE Intercontinental Exchange Inc. Sold out 0.00% −0.71 GL Globe Life Inc. Reduce -66.7% 0.29% −0.65 PINNACLE FINL PARTNERS INC Sold out 0.00% −0.64 BPOP Popular Inc. Sold out 0.00% −0.34 FAF First American Financial Sold out 0.00% −0.28 FULT Fulton Financial Corp. Reduce -18.3% 0.80% −0.20 TMHC Taylor Morrison Home Corp. Reduce -33.3% 0.29% −0.19
Portfolio Buys Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▼ FNF Fidelity National Financial New 7.09% +7.09 XLF SS Financial Select Sector Add +446.8% 7.71% +6.02 CBSH Commerce Bancshares Inc. New 3.49% +3.49 QQQ Invesco QQQ Trust Series 1 New 3.44% +3.44 ASB Associated Banc-Corp. New 3.24% +3.24 BANR Banner Corporation New 3.04% +3.04 COLB Columbia Banking System Inc. New 2.56% +2.56 SCHW Schwab (charles) Corp. New 2.27% +2.27 OFG Ofg Bancorp New 2.09% +2.09 CBRE CBRE Group Inc. Class A New 1.96% +1.96 EFC Ellington Financial Inc. New 1.75% +1.75 APO Apollo Global Management Inc. Add +122.2% 3.72% +1.37 FBP First Bancorp Puerto Rico New 1.15% +1.15 NRIM Northrim Bancorp Inc. New 0.97% +0.97 UMBF Umb Financial Corp. Add +109.7% 1.97% +0.94 SPGI S&P Global Inc. Add +107.8% 2.36% +0.85 NWBI Northwest Bancshares Inc. Add +68.8% 1.61% +0.64 ONB Old National Bancorp Add +31.0% 3.51% +0.59 JLL Jones Lang Lasalle Inc. New 0.44% +0.44 FFBC First Financial Bancorp Add +27.7% 1.78% +0.43 BAC Bank of America Corp. Add +50.0% 1.83% +0.34 FG F&G Annuities & Life Inc. New 0.32% +0.32 PGR Progressive Corp. New 0.25% +0.25 NBTB N B T Bancorp Inc. New 0.18% +0.18 HBNC Horizon Bancorp Inc. Add +24.0% 1.64% +0.18 TOWN Towne Bank Add +15.1% 1.78% +0.13 FNB FNB Corp. Add +1.4% 2.04% −0.18 JPM JPMorgan Chase & Co. Add +8.0% 3.31% −0.31
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ RSP Invesco S&P 500 Equal Weight put Reduce -74.2% 285,000 $54.7M KRE SS SPDR S&P Regional Bank put Add +32.7% 365,000 $23.8M XLF SS Financial Select Sector put Add +316.7% 250,000 $12.3M FNF Fidelity National Financial put New 190,000 $8.8M USB US Bancorp put Sold out 130,000 $6.9Mbefore exit JPM JPMorgan Chase & Co. put Reduce -11.1% 20,000 $5.9M QQQ Invesco QQQ Trust Series 1 put New 10,000 $5.8M BIZD Vaneck BDC Income ETF put Sold out 400,000 $5.7Mbefore exit APO Apollo Global Management Inc. put Add +100.0% 40,000 $4.5M CB Chubb Ltd. put Sold out 12,500 $3.9Mbefore exit ARCC Ares Capital Corp. put Reduce -33.3% 200,000 $3.6M C Citigroup Inc. put Sold out 30,000 $3.5Mbefore exit RF Regions Financial Corp. put Sold out 125,000 $3.4Mbefore exit HIG Hartford Insurance Group Inc. put Sold out 24,000 $3.3Mbefore exit BXSL Blackstone Secured Lending F put Sold out 125,000 $3.3Mbefore exit ICE Intercontinental Exchange Inc. put Sold out 20,000 $3.2Mbefore exit TRV The Travelers Cos Inc. put Sold out 11,000 $3.2Mbefore exit SPGI S&P Global Inc. put Add +25.0% 7,500 $3.2M BRO Brown & Brown Inc. put Sold out 40,000 $3.2Mbefore exit BAC Bank of America Corp. put Add +8.3% 65,000 $3.2M PNC PNC Financial Services Group put Sold out 15,000 $3.1Mbefore exit SCHW Schwab (charles) Corp. put New 32,500 $3.1M V Visa Inc. Class A put Sold out 8,500 $3.0Mbefore exit RJF Raymond James Financial Inc. put Sold out 17,500 $2.8Mbefore exit GL Globe Life Inc. put Sold out 20,000 $2.8Mbefore exit CBRE CBRE Group Inc. Class A put New 20,000 $2.7M TFC Truist Financial Corp. put Sold out 50,000 $2.5Mbefore exit MFA Mfa Financial Inc. put Sold out 250,000 $2.3Mbefore exit REM iShares Mortgage Real Estate put New 100,000 $2.1M ITB iShares U.S. Home Constructi put Sold out 20,000 $1.9Mbefore exit WD Walker & Dunlop Inc. put Sold out 30,000 $1.8Mbefore exit KRE SS SPDR S&P Regional Bank call New 25,000 $1.6M PINNACLE FINL PARTNERS INC put Sold out 15,000 $1.4Mbefore exit KIE SS SPDR S&P Insurance ETF put New 10,000 $550K
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