Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
24 hedge funds and large institutions have $190M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
23% more capital invested
Capital invested by funds: $154M → $190M (+$35.8M)
0% more funds holding
Funds holding: 24 → 24 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$34.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.64M |
| 3 |
FPC
Falcon Point Capital
San Francisco,
California
|
+$1.26M |
| 4 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$351K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$3.16M |
| 2 |
Citigroup
New York
|
-$907K |
| 3 |
Barclays
London,
United Kingdom
|
-$380K |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$378K |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $9K | +$8.89K | +176 | New |
|
|
LIA
27
LS Investment Advisors
Bloomfield Hills,
Michigan
| $7K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
29
Barclays
London,
United Kingdom
| – | -$380K | -7,600 | Closed |
|
30
Creative Planning
Overland Park,
Kansas
| – | -$3K | -66 | Closed |
|
FLG.PRU Hedge Fund Activity: Q2 2015 in Review
24 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q2 2015, worth a combined $190M — up 23% from $154M a quarter earlier.
Fund positioning in FLG.PRU was balanced in Q2 2015: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 4 trimmed.
The largest buyer was Zazove Associates, opening a new position worth an estimated $34.6M. The largest seller was Calamos Advisors, cutting an estimated $3.16M.
- 24 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $190M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q2 2015, up 23% quarter-over-quarter.
- 2 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q2 2015 and 2 closed out, a net change of 0 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q2 2015 was Zazove Associates, an estimated $34.6M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q2 2015 was Calamos Advisors, an estimated $3.16M sold.
Based on aggregated 13F filings for Q2 2015.