Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
31 hedge funds and large institutions have $77.7M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
6% less funds holding
Funds holding: 33 → 31 (-2)
10% less capital invested
Capital invested by funds: $86.6M → $77.7M (-$8.82M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.33M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$1.86M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$344K |
| 4 |
BlackRock
New York
|
+$114K |
| 5 |
ICM
IMS Capital Management
Portland,
Oregon
|
+$99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$2.94M |
| 2 |
Morgan Stanley
New York
|
-$641K |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$323K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$241K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $173K | – | – | – |
|
|
MRCM
27
M&R Capital Management
Summit,
New Jersey
| $38.7K | – | – | – |
|
|
MA
28
Montag & Associates
Atlanta,
Georgia
| $29K | – | – | – |
|
|
FFA
29
Fairfield Financial Advisors
Wellesley,
Massachusetts
| $25.7K | – | – | – |
|
|
BSB
30
Bangor Savings Bank
Bangor,
Maine
| $23.2K | – | – | – |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $19.4K | – | – | – |
|
32
US Bancorp
Minneapolis,
Minnesota
| $11.1K | – | – | – |
|
33
Citigroup
New York
| $6.54K | +$7.27K | +169 | New |
|
|
AWS
34
Atria Wealth Solutions
New York
| – | -$241K | -5,564 | Closed |
|
35
First Manhattan
New York
| – | -$21.7K | -500 | Closed |
|
36
Rockefeller Capital Management
New York
| – | -$3K | -74 | Closed |
|
FLG.PRU Hedge Fund Activity: Q1 2023 in Review
31 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2023, worth a combined $77.7M — down 10% from $86.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLG.PRU and 1 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Bank of America, adding an estimated $2.33M. The largest seller was Camden Asset Management, cutting an estimated $2.94M.
- 31 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2023, down from 33 in Q4 2022.
- Funds reported $77.7M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2023, down 10% quarter-over-quarter.
- 1 fund opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2023 and 3 closed out, a net change of -2 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2023 was Bank of America, an estimated $2.33M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2023 was Camden Asset Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q1 2023.