BAYVIEW ASSET MANAGEMENT, LLC

CORAL GABLES, FL · CIK 1767366 · 13F filing filed 2025-02-14

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$64.2bn
Staff556 · 195 in investment roles
Main clients (by assets)Private funds 98%, Insurers 2%
Private funds23 (22 hedge) · $65.3bn gross assets
Websitebayview.com
Form ADV · 2026-05-05SEC adviser record

Legal entityBAYVIEW ASSET MANAGEMENT, LLC (US)

Kindhedge funds, futures
Others nearbyMiami, FL, New York, NY, Morristown, NJ, Denver, CO

As an employer

Offices in1 country
Private fundshedge 22, other private 1

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Coral Gables, FL (main office)United States	United States	about 65
New York, NYUnited States	United States	119
Morristown, NJUnited States	United States	6
Denver, COUnited States	United States	5

US visa salary filings

Filings FY2024–202651
Median salary offered$130,083
Middle half$105,000 – $166,140
Job titles39

Job title	Filings	Median	Range
Quantitative Research AnalystCoral Gables, FL	4	$105,000	$95,000 – $105,000
Quantitative AnalystCoral Gables, FL	3	$114,950	$102,500 – $128,125
Vice President, Residential Whole Loan TradingCoral Gables, FL	2	$181,800	$180,000 – $183,600
Vice President, Analytics/IrrmCoral Gables, FL	2	$181,155	$179,375 – $182,936
Vice President, Mortgage ModelingCoral Gables, FL	2	$180,000	$150,000 – $210,000
Senior Associate, Residential Whole Loan TradingNew York, NY	2	$167,280
Associate, Special ProjectsNew York, NY	2	$144,212	$143,424 – $145,000
Associate, Mortgage ModelingCoral Gables, FL	2	$126,200	$122,400 – $130,000
Data EngineerCoral Gables, FL	2	$116,625	$100,000 – $133,250
Vp/Attorney, Tax Planning And M&ACoral Gables, FL	1	$236,013
Vp, Mortgage ModelingCoral Gables, FL	1	$214,200
Vp, Securities PmNew York, NY	1	$200,000

27 more job titles

Avp, Special ProjectsNew York, NY	1	$190,000
Senior Associate, Data EngineerNew York, NY	1	$180,000
Senior Risk Management AnalystCoral Gables, FL	1	$179,375
Valuation Supervisor - IpvNew York, NY	1	$165,000
Associate Quantitative DeveloperNew York, NY	1	$160,000
Vp Msr Portfolio ManagementCoral Gables, FL	1	$153,750
Associate, AnalyticsNew York, NY	1	$150,000
Investment Associate, Opportunistic ResiNew York, NY	1	$150,000
Senior Associate, Data Analytics, Security Risk & ReportingCoral Gables, FL	1	$145,000
Sr. Associate, Resi Whole LoanNew York, NY	1	$140,000
Quantitative StrategistNew York, NY	1	$133,250
Vice President Of Structured FinanceCoral Gables, FL	1	$130,083
Associate, Opportunistic ResiNew York, NY	1	$130,000
Senior Associate, Residential Whole LoanNew York, NY	1	$127,500
Investment AssociateNew York, NY	1	$125,000
Sr. Associate Pm DevDenver, CO	1	$120,000
Senior AnalystSeattle, WA	1	$120,000
Quantitative DeveloperAlexandria, VA	1	$112,750
Valuation AnalystNew York, NY	1	$109,162
Analyst, Data EngineeringCoral Gables, FL	1	$105,000
Associate, Analytics/IrrmCoral Gables, FL	1	$102,500
Analyst, Msr Data InfraCoral Gables, FL	1	$100,000
Analyst, Data ManagementNew York, NY	1	$95,000
Data AnalystCoral Gables, FL	1	$90,000
Home Price ModelerCoral Gables, FL	1	$88,000
Junior Financial AnalystCoral Gables, FL	1	$85,696
Junior AnalystNew York, NY	1	$80,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Bayview Asset Management, LLC.

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$76.6m reported value -57.2% vs Q3 2024

21positions

84.7%in top 10

9 new 8 added 3 reduced 12 sold out vs Q3 2024

Options: 1 call positions ($2.4m notional), 13 put positions ($44.5m notional) – listed below, not included above.

Holdings, Q4 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	GUILD HLDGS CO CL A CL A		1,595,844	$22.5m29.39%	29.39%	Added +95.3k	+95,327 6.3%
2	BANC OF CALIFORNIA INC COM BANC	BANC	993,130	$15.4m20.04%	20.04%	Unchanged
3	BERKSHIRE HILLS BANCORP INC COM BBT	BBT	344,828	$9.3m12.18%	12.18%	New
4	FINANCIAL INSTNS INC COM FISI	FISI	171,889	$4.7m6.12%	6.12%	Added +160.0k	+160,000 1345.8%
5	GLOBE LIFE INC COM GL	GL	25,200	$2.8m3.67%	3.67%	Reduced -12.1k	-12,050 -32.4%
6	WEBSTER FINL CORP COM WBS	WBS	48,250	$2.7m3.48%	3.48%	Added +43.2k	+43,250 865.0%
7	US BANCORP DEL COM NEW USB	USB	51,150	$2.4m3.19%	3.19%	New
8	BANK NEW YORK MELLON CORP COM BNY	BNY	24,300	$1.9m2.44%	2.44%	New
9	RITHM CAPITAL CORP COM NEW RITM	RITM	150,000	$1.6m2.12%	2.12%	Added +10.0k	+10,000 7.1%
10	AVALONBAY CMNTYS INC COM AVB	AVB	7,143	$1.6m2.05%	2.05%	Added +1.5k	+1,513 26.9%
11	FLAGSTAR FINANCIAL INC COM NEW FLG	FLG	166,666	$1.6m2.03%	2.03%	Reduced -833.3k	-833,333 -83.3%
12	TRUIST FINL CORP COM TFC	TFC	32,500	$1.4m1.84%	1.84%	Added +17.5k	+17,500 116.7%
13	PULTE GROUP INC COM PHM	PHM	11,688	$1.3m1.66%	1.66%	Added +5.9k	+5,938 103.3%
14	LENNAR CORP CL A LEN	LEN	9,091	$1.2m1.62%	1.62%	New
15	AMERICAN EXPRESS CO COM AXP	AXP	4,125	$1.2m1.60%	1.60%	New
16	MERITAGE HOMES CORP COM MTH	MTH	7,143	$1.1m1.43%	1.43%	Added +3.1k	+3,143 78.6%
17	OLD NATL BANCORP IND COM ONB	ONB	46,684	$1.0m1.32%	1.32%	New
18	JONES LANG LASALLE INC COM JLL	JLL	3,750	$949.3k1.24%	1.24%	New
19	AGNC INVT CORP COM AGNC	AGNC	90,000	$828.9k1.08%	1.08%	New
20	ESSENT GROUP LTD COM ESNT	ESNT	12,300	$669.6k0.87%	0.87%	Reduced -5.2k	-5,200 -29.7%
21	POPULAR INC COM NEW BPOP	BPOP	5,135	$483.0k0.63%	0.63%	New

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
ENACT HLDGS INC ACT	ACT	2,653,503	$96.4m2.7m shares
WESBANCO INC WSBC	WSBC	363,639	$10.3m363.6k shares
FIRST HORIZON CORPORATION FHN	FHN	167,000	$2.6m167.0k shares
WELLS FARGO CO NEW WFC	WFC	27,500	$1.6m27.5k shares
FIDELITY NATIONAL FINANCIAL FNF	FNF	22,500	$1.4m22.5k shares
CBRE GROUP INC CBRE	CBRE	8,500	$1.1m8.5k shares
CHUBB LIMITED CB	CB	3,000	$865.2k3.0k shares
ARCH CAP GROUP LTD ACGL	ACGL	7,500	$839.1k7.5k shares
MFA FINL INC MFA	MFA	60,000	$763.2k60.0k shares
SCHWAB CHARLES CORP SCHW	SCHW	10,000	$648.1k10.0k shares
JPMORGAN CHASE & CO JPM	JPM	3,000	$632.6k3.0k shares
WINTRUST FINL CORP WTFC	WTFC	5,000	$542.6k5.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR SER TR KRE · Put	KRE	Put	300,000	$18.1m300.0k shares	Added
ISHARES TR ITB · Put	ITB	Put	39,000	$4.0m39.0k shares	New
WEBSTER FINL CORP WBS · Put	WBS	Put	50,000	$2.8m50.0k shares	New
SELECT SECTOR SPDR TR XLF · Put	XLF	Put	50,000	$2.4m50.0k shares	Reduced
SPDR SER TR KRE · Call	KRE	Call	40,000	$2.4m40.0k shares	Reduced
US BANCORP DEL USB · Put	USB	Put	50,000	$2.4m50.0k shares	New
BANK NEW YORK MELLON CORP BNY · Put	BNY	Put	30,000	$2.3m30.0k shares	New
AMERICAN EXPRESS CO AXP · Put	AXP	Put	7,500	$2.2m7.5k shares	New
AVALONBAY CMNTYS INC AVB · Put	AVB	Put	10,000	$2.2m10.0k shares	Added
TRUIST FINL CORP TFC · Put	TFC	Put	50,000	$2.2m50.0k shares	Added
GLOBE LIFE INC GL · Put	GL	Put	15,500	$1.7m15.5k shares	Reduced
ISHARES TR REM · Put	REM	Put	72,500	$1.5m72.5k shares	Added
ISHARES TR IYR · Put	IYR	Put	15,000	$1.4m15.0k shares	Reduced
JONES LANG LASALLE INC JLL · Put	JLL	Put	5,000	$1.3m5.0k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
FORBRIGHT INC FRBT · 13G · filed 2026-08-14	FRBT	6.1%≈ $35.9m	new	13G	2026-08-14