Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
19 hedge funds and large institutions have $71.2M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2026 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $74.6M → $71.2M (-$3.38M)
14% less funds holding
Funds holding: 22 → 19 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICA
Infrastructure Capital Advisors
New York
|
+$2.31M |
| 2 |
Morgan Stanley
New York
|
+$1.08M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$36.8K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$24.5K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$12.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$1.18M |
| 2 |
BlackRock
New York
|
-$1.12M |
| 3 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
-$1.04M |
| 4 |
KFA
Kelleher Financial Advisors
New York
|
-$401K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$310K |
FLG.PRU Hedge Fund Activity: Q1 2026 in Review
19 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2026, worth a combined $71.2M — down 4.5% from $74.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLG.PRU and 1 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Infrastructure Capital Advisors, adding an estimated $2.31M. The largest seller was Cutler Capital Management, cutting an estimated $1.18M.
- 19 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2026, down from 22 in Q4 2025.
- Funds reported $71.2M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2026, down 4.5% quarter-over-quarter.
- 1 fund opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2026 and 4 closed out, a net change of -3 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2026 was Infrastructure Capital Advisors, an estimated $2.31M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2026 was Cutler Capital Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2026.