13F HOLDINGS REPORT
BAYVIEW ASSET MANAGEMENT, LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001767366-26-000001
Total Value
$432.5M
Positions
73
Other Managers
0
Confidential Omitted
No
Holdings (73)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,104,500 | $211.6M | 48.92% |
| 2 | SPDR SERIES TRUST | 78464A698 | 275,000 | $17.8M | 4.12% |
| 3 | BEACON FINANCIAL CORP. | BBT | 544,828 | $14.4M | 3.32% |
| 4 | BANC OF CALIFORNIA INC | BANC-PF | 725,000 | $14.0M | 3.23% |
| 5 | JPMORGAN CHASE & CO. | VYLD | 22,500 | $7.2M | 1.68% |
| 6 | US BANCORP DEL | USB-PS | 130,000 | $6.9M | 1.60% |
| 7 | ARES CAPITAL CORP | ARCC | 300,000 | $6.1M | 1.40% |
| 8 | VANECK ETF TRUST | 92189F411 | 400,000 | $5.7M | 1.31% |
| 9 | ARES CAPITAL CORP | ARCC | 270,032 | $5.5M | 1.26% |
| 10 | RITHM CAPITAL CORP | RITM-PF | 450,000 | $4.9M | 1.13% |
| 11 | RITHM CAPITAL CORP | RITM-PF | 425,977 | $4.6M | 1.07% |
| 12 | JPMORGAN CHASE & CO. | VYLD | 12,500 | $4.0M | 0.93% |
| 13 | CHUBB LIMITED | CB | 12,500 | $3.9M | 0.90% |
| 14 | VANECK ETF TRUST | 92189F411 | 274,000 | $3.9M | 0.90% |
| 15 | CITIGROUP INC | C-PR | 30,000 | $3.5M | 0.81% |
| 16 | REGIONS FINANCIAL CORP NEW | RF-PF | 125,000 | $3.4M | 0.78% |
| 17 | HARTFORD INSURANCE GROUP INC | HIG-PG | 24,000 | $3.3M | 0.76% |
| 18 | BANK AMERICA CORP | 060505104 | 60,000 | $3.3M | 0.76% |
| 19 | BLACKSTONE SECD LENDING FD | BX | 125,000 | $3.3M | 0.76% |
| 20 | SELECT SECTOR SPDR TR | 81369Y605 | 60,000 | $3.3M | 0.76% |
| 21 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 20,000 | $3.2M | 0.75% |
| 22 | OLD NATL BANCORP IND | 680033107 | 145,000 | $3.2M | 0.75% |
| 23 | TRAVELERS COMPANIES INC | TRV | 11,000 | $3.2M | 0.74% |
| 24 | BROWN & BROWN INC | BRO | 40,000 | $3.2M | 0.74% |
| 25 | S&P GLOBAL INC | SPGI | 6,000 | $3.1M | 0.72% |
| 26 | PNC FINL SVCS GROUP INC | 693475105 | 15,000 | $3.1M | 0.72% |
| 27 | VISA INC | V | 8,500 | $3.0M | 0.69% |
| 28 | APOLLO GLOBAL MGMT INC | 03769M106 | 20,000 | $2.9M | 0.67% |
| 29 | BLACKSTONE SECD LENDING FD | BX | 107,000 | $2.8M | 0.65% |
| 30 | RAYMOND JAMES FINL INC | 754730109 | 17,500 | $2.8M | 0.65% |
| 31 | GLOBE LIFE INC | GL-PD | 20,000 | $2.8M | 0.65% |
| 32 | WESBANCO INC | WSBCO | 80,300 | $2.7M | 0.62% |
| 33 | US BANCORP DEL | USB-PS | 50,000 | $2.7M | 0.62% |
| 34 | APOLLO GLOBAL MGMT INC | 03769M106 | 18,000 | $2.6M | 0.60% |
| 35 | SOUTHSIDE BANCSHARES INC | SBSI | 85,457 | $2.6M | 0.60% |
| 36 | F N B CORP | 302520101 | 143,997 | $2.5M | 0.57% |
| 37 | TRUIST FINL CORP | 89832Q109 | 50,000 | $2.5M | 0.57% |
| 38 | MFA FINL INC | 55272X607 | 252,500 | $2.4M | 0.54% |
| 39 | MFA FINL INC | 55272X607 | 250,000 | $2.3M | 0.54% |
| 40 | BROWN & BROWN INC | BRO | 28,109 | $2.2M | 0.52% |
| 41 | REGIONS FINANCIAL CORP NEW | RF-PF | 80,000 | $2.2M | 0.50% |
| 42 | FLAGSTAR BANK NATIONAL ASSOC | FLG-PU | 166,666 | $2.1M | 0.49% |
| 43 | ISHARES TR | 464288752 | 20,000 | $1.9M | 0.45% |
| 44 | SELECT SECTOR SPDR TR | 81369Y605 | 34,200 | $1.9M | 0.43% |
| 45 | CHUBB LIMITED | CB | 6,000 | $1.9M | 0.43% |
| 46 | TOWNEBANK PORTSMOUTH VA | 89214P109 | 55,000 | $1.8M | 0.42% |
| 47 | WALKER & DUNLOP INC | WD | 30,000 | $1.8M | 0.42% |
| 48 | ISHARES TR | 464288752 | 18,600 | $1.8M | 0.41% |
| 49 | FIRST BUSEY CORP | BUSEP | 71,920 | $1.7M | 0.40% |
| 50 | S&P GLOBAL INC | SPGI | 3,200 | $1.7M | 0.39% |
| 51 | PNC FINL SVCS GROUP INC | 693475105 | 8,000 | $1.7M | 0.39% |
| 52 | VISA INC | V | 4,760 | $1.7M | 0.39% |
| 53 | BANK AMERICA CORP | 060505104 | 30,000 | $1.6M | 0.38% |
| 54 | RAYMOND JAMES FINL INC | 754730109 | 10,148 | $1.6M | 0.38% |
| 55 | HORIZON BANCORP INC | HBNC | 95,462 | $1.6M | 0.37% |
| 56 | CITIGROUP INC | C-PR | 13,500 | $1.6M | 0.36% |
| 57 | TRUIST FINL CORP | 89832Q109 | 32,000 | $1.6M | 0.36% |
| 58 | FINANCIAL INSTNS INC | 317585404 | 50,000 | $1.6M | 0.36% |
| 59 | FIRST FINL BANCORP OH | 320209109 | 60,000 | $1.5M | 0.35% |
| 60 | WALKER & DUNLOP INC | WD | 24,800 | $1.5M | 0.34% |
| 61 | TRAVELERS COMPANIES INC | TRV | 5,000 | $1.5M | 0.34% |
| 62 | PINNACLE FINL PARTNERS INC | 72348Q104 | 15,000 | $1.4M | 0.33% |
| 63 | HARTFORD INSURANCE GROUP INC | HIG-PG | 9,000 | $1.2M | 0.29% |
| 64 | UMB FINL CORP | 902788108 | 10,000 | $1.2M | 0.27% |
| 65 | FULTON FINL CORP PA | 360271100 | 57,509 | $1.1M | 0.26% |
| 66 | NORTHWEST BANCSHARES INC MD | NWBI | 90,000 | $1.1M | 0.25% |
| 67 | GLOBE LIFE INC | GL-PD | 7,500 | $1.0M | 0.24% |
| 68 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 4,900 | $793,604 | 0.18% |
| 69 | PINNACLE FINL PARTNERS INC | 72348Q104 | 7,500 | $715,575 | 0.17% |
| 70 | TAYLOR MORRISON HOME CORP | TMHC | 9,000 | $529,830 | 0.12% |
| 71 | POPULAR INC | BPOPM | 3,000 | $373,560 | 0.09% |
| 72 | FIRST AMERN FINL CORP | 31847R102 | 5,000 | $307,200 | 0.07% |
| 73 | BANKUNITED INC | BKU | 5,000 | $222,850 | 0.05% |