Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
39 hedge funds and large institutions have $127M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
18% more funds holding
Funds holding: 33 → 39 (+6)
8% more capital invested
Capital invested by funds: $117M → $127M (+$9.41M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$2.24M |
| 2 |
BlackRock
New York
|
+$2.19M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.32M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.27M |
| 5 |
MA
MUFG Americas
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$7.98M |
| 2 |
ACM
Advent Capital Management
New York
|
-$1.08M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$997K |
| 4 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
-$779K |
| 5 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
-$465K |
FLG.PRU Hedge Fund Activity: Q1 2019 in Review
39 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2019, worth a combined $127M — up 8% from $117M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FLG.PRU positions and 4 closed out — a net gain of 6 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $2.24M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $7.98M.
- 39 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2019, up from 33 in Q4 2018.
- Funds reported $127M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2019, up 8% quarter-over-quarter.
- 10 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2019 and 4 closed out, a net change of +6 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2019 was Oaktree Capital Management, an estimated $2.24M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2019 was Thrivent Financial for Lutherans, an estimated $7.98M sold.
Based on aggregated 13F filings for Q1 2019.