Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
33 hedge funds and large institutions have $101M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $86.9M → $101M (+$14M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more funds holding
Funds holding: 33 → 33 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$4.26M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$4.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.4M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$281K |
| 5 |
PAM
Private Asset Management
San Diego,
California
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$22.8M |
| 2 |
ACM
Advent Capital Management
New York
|
-$3.83M |
| 3 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
-$392K |
| 4 |
BlackRock
New York
|
-$389K |
| 5 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
-$356K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Neuberger Berman Group
New York
| $278K | – | – | – |
|
|
UCFA
27
United Capital Financial Advisors
Irving,
Texas
| $270K | – | – | – |
|
|
GI
28
GAMCO Investors
Greenwich,
Connecticut
| $248K | – | – | – |
|
|
ICA
29
Infrastructure Capital Advisors
New York
| $145K | +$138K | +2,909 | New |
|
|
SFS
30
Sowell Financial Services
North Little Rock,
Arkansas
| $100K | – | – | – |
|
31
UBS Group
Zurich,
Switzerland
| $85K | +$4.07K | +86 | +5% |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $55K | – | – | – |
|
33
Rockefeller Capital Management
New York
| $37K | +$35.1K | +742 | New |
|
34
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $25K | -$2.37K | -50 | -9% |
|
|
FF
35
FourThought Financial
Venice,
Florida
| $16K | – | – | – |
|
|
KCPG
36
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$392K | -8,550 | Closed |
|
|
SIM
37
Sonora Investment Management
Tucson,
Arizona
| – | -$356K | -7,770 | Closed |
|
|
MA
38
MUFG Americas
New York
| – | -$20K | -428 | Closed |
|
FLG.PRU Hedge Fund Activity: Q1 2021 in Review
33 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2021, worth a combined $101M — up 16% from $86.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLG.PRU positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Camden Asset Management, opening a new position worth an estimated $4.26M. The largest seller was Victory Capital Management, exiting entirely with an estimated $22.8M sold.
- 33 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $101M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2021, up 16% quarter-over-quarter.
- 5 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2021 and 4 closed out, a net change of +1 holder.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2021 was Camden Asset Management, an estimated $4.26M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2021 was Victory Capital Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q1 2021.