Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
33 hedge funds and large institutions have $88.1M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 33 → 33 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
17% less capital invested
Capital invested by funds: $106M → $88.1M (-$17.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.12M |
| 2 |
BlackRock
New York
|
+$797K |
| 3 |
Rockefeller Capital Management
New York
|
+$467K |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$379K |
| 5 |
ICM
IMS Capital Management
Portland,
Oregon
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$20.5M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$3.11M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.4M |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$698K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Neuberger Berman Group
New York
| $249K | – | – | – |
|
|
UCFA
27
United Capital Financial Advisors
Irving,
Texas
| $241K | – | – | – |
|
|
GI
28
GAMCO Investors
Greenwich,
Connecticut
| $212K | – | – | – |
|
|
SFS
29
Sowell Financial Services
North Little Rock,
Arkansas
| $89K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $71K | -$25.1K | -575 | -27% |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $22K | – | – | – |
|
|
PAG
32
Private Advisor Group
Morristown,
New Jersey
| $19K | +$18.3K | +420 | New |
|
33
Osaic Holdings
Scottsdale,
Arizona
| $10K | -$29.9K | -686 | -76% |
|
|
WCG
34
Weaver Consulting Group
Huntington Beach,
California
| $4K | – | – | – |
|
|
ZA
35
Zazove Associates
Incline Village,
Nevada
| – | -$3.11M | -73,311 | Closed |
|
|
36
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$470K | -11,368 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$17K | -403 | Closed |
|
FLG.PRU Hedge Fund Activity: Q2 2020 in Review
33 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q2 2020, worth a combined $88.1M — down 17% from $106M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FLG.PRU positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.
The largest buyer was CSS LLC, opening a new position worth an estimated $1.12M. The largest seller was Victory Capital Management, cutting an estimated $20.5M.
- 33 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $88.1M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q2 2020, down 17% quarter-over-quarter.
- 4 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q2 2020 and 3 closed out, a net change of +1 holder.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q2 2020 was CSS LLC, an estimated $1.12M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q2 2020 was Victory Capital Management, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2020.