Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
33 hedge funds and large institutions have $108M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 4 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
7% more capital invested
Capital invested by funds: $101M → $108M (+$6.81M)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$68.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$26.2M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$5.33M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.09M |
| 5 |
BlackRock
New York
|
+$973K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$4.54M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$960K |
| 3 |
ACM
Advent Capital Management
New York
|
-$917K |
| 4 |
Morgan Stanley
New York
|
-$490K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$489K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Neuberger Berman Group
New York
| $288K | – | – | – |
|
|
GI
27
GAMCO Investors
Greenwich,
Connecticut
| $257K | – | – | – |
|
|
ICA
28
Infrastructure Capital Advisors
New York
| $178K | +$25.8K | +510 | +18% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $96K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $95K | +$6.97K | +138 | +8% |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $26K | – | – | – |
|
|
FF
32
FourThought Financial
Venice,
Florida
| $17K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $4K | +$3.64K | +72 | New |
|
|
ADL
34
Asset Dedication LLC
San Francisco,
California
| $3K | +$2.93K | +58 | New |
|
|
PCM
35
Palisade Capital Management
Fort Lee,
New Jersey
| – | -$4.54M | -92,410 | Closed |
|
|
FCH
36
Freestone Capital Holdings
Seattle,
Washington
| – | -$296K | -5,923 | Closed |
|
|
SFS
37
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$100K | -1,992 | Closed |
|
38
Rockefeller Capital Management
New York
| – | -$37K | -742 | Closed |
|
FLG.PRU Hedge Fund Activity: Q2 2021 in Review
33 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q2 2021, worth a combined $108M — up 6.8% from $101M a quarter earlier.
Fund positioning in FLG.PRU was balanced in Q2 2021: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 6 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $68.1M. The largest seller was Palisade Capital Management, exiting entirely with an estimated $4.54M sold.
- 33 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $108M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q2 2021, up 6.8% quarter-over-quarter.
- 4 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q2 2021 and 4 closed out, a net change of 0 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q2 2021 was Russell Investments Group, an estimated $68.1M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q2 2021 was Palisade Capital Management, an estimated $4.54M sold.
Based on aggregated 13F filings for Q2 2021.