Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
39 hedge funds and large institutions have $156M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
15% more funds holding
Funds holding: 34 → 39 (+5)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $161M → $156M (-$4.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$958K |
| 2 |
ACM
Advent Capital Management
New York
|
+$836K |
| 3 |
MA
MUFG Americas
New York
|
+$715K |
| 4 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$621K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cincinnati Insurance
Fairfield,
Ohio
|
-$4.83M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.62M |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$168K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$131K |
| 5 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
-$25.4K |
FLG.PRU Hedge Fund Activity: Q4 2017 in Review
39 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q4 2017, worth a combined $156M — down 2.9% from $161M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FLG.PRU positions and 1 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $958K. The largest seller was Cincinnati Insurance, exiting entirely with an estimated $4.83M sold.
- 39 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q4 2017, up from 34 in Q3 2017.
- Funds reported $156M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q4 2017, down 2.9% quarter-over-quarter.
- 6 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q4 2017 and 1 closed out, a net change of +5 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q4 2017 was Nomura Holdings, an estimated $958K added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q4 2017 was Cincinnati Insurance, an estimated $4.83M sold.
Based on aggregated 13F filings for Q4 2017.