Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
29 hedge funds and large institutions have $112M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 30 → 29 (-1)
27% less capital invested
Capital invested by funds: $153M → $112M (-$41.1M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$378K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$351K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$94.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$74.2K |
| 5 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
+$54.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$548K |
| 2 |
Citigroup
New York
|
-$404K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$303K |
| 4 |
HW
Hedeker Wealth
Lincolnshire,
Illinois
|
-$298K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$227K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $46K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $41K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $36K | – | – | – |
|
|
CPA
29
Clear Perspective Advisors
Aurora,
Illinois
| $34K | – | – | – |
|
|
WEC
30
Winslow Evans & Crocker
Boston,
Massachusetts
| $15.1K | – | – | – |
|
|
CAG
31
Crestwood Advisors Group
Boston,
Massachusetts
| $15K | +$15K | +300 | New |
|
|
LIA
32
LS Investment Advisors
Bloomfield Hills,
Michigan
| $6K | – | – | – |
|
|
CL
33
CSS LLC
Chicago,
Illinois
| – | -$548K | -10,990 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$303K | -6,115 | Closed |
|
|
HW
35
Hedeker Wealth
Lincolnshire,
Illinois
| – | -$298K | -6,000 | Closed |
|
FLG.PRU Hedge Fund Activity: Q1 2017 in Review
29 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2017, worth a combined $112M — down 27% from $153M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLG.PRU and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.
The largest buyer was Wells Fargo, adding an estimated $378K. The largest seller was CSS LLC, exiting entirely with an estimated $548K sold.
- 29 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2017, down from 30 in Q4 2016.
- Funds reported $112M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2017, down 27% quarter-over-quarter.
- 2 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2017 and 3 closed out, a net change of -1 holder.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2017 was Wells Fargo, an estimated $378K added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2017 was CSS LLC, an estimated $548K sold.
Based on aggregated 13F filings for Q1 2017.