Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
33 hedge funds and large institutions have $86.9M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
18% more funds holding
Funds holding: 28 → 33 (+5)
3% more capital invested
Capital invested by funds: $84.1M → $86.9M (+$2.77M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$1.55M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$809K |
| 3 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
+$687K |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$521K |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
-$1.77M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$1.43M |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$1.06M |
| 4 |
BlackRock
New York
|
-$804K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$684K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UCFA
26
United Capital Financial Advisors
Irving,
Texas
| $248K | – | – | – |
|
|
GI
27
GAMCO Investors
Greenwich,
Connecticut
| $230K | – | – | – |
|
|
SFS
28
Sowell Financial Services
North Little Rock,
Arkansas
| $91K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $74K | +$1.28K | +28 | +2% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $69K | – | – | – |
|
|
WEC
31
Winslow Evans & Crocker
Boston,
Massachusetts
| $33K | +$33K | +725 | New |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $25K | +$2.28K | +50 | +10% |
|
|
MA
33
MUFG Americas
New York
| $20K | +$19.5K | +428 | New |
|
|
FF
34
FourThought Financial
Venice,
Florida
| $15K | +$15.4K | +339 | New |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| – | -$18K | -403 | Closed |
|
|
WCG
36
Weaver Consulting Group
Huntington Beach,
California
| – | -$4K | -89 | Closed |
|
FLG.PRU Hedge Fund Activity: Q4 2020 in Review
33 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q4 2020, worth a combined $86.9M — up 3.3% from $84.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLG.PRU positions and 2 closed out — a net gain of 5 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Jefferies Group, opening a new position worth an estimated $1.55M. The largest seller was Advent Capital Management, cutting an estimated $1.77M.
- 33 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q4 2020, up from 28 in Q3 2020.
- Funds reported $86.9M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q4 2020, up 3.3% quarter-over-quarter.
- 7 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q4 2020 and 2 closed out, a net change of +5 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q4 2020 was Jefferies Group, an estimated $1.55M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q4 2020 was Advent Capital Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q4 2020.