Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
36 hedge funds and large institutions have $84.9M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 34 → 36 (+2)
7% less capital invested
Capital invested by funds: $91.7M → $84.9M (-$6.81M)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.19M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$530K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$366K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$2.32M |
| 2 |
ACM
Advent Capital Management
New York
|
-$336K |
| 3 |
Neuberger Berman Group
New York
|
-$224K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$207K |
| 5 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $133K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $50.3K | -$4.47K | -115 | -8% |
|
|
MRCM
28
M&R Capital Management
Summit,
New Jersey
| $27.4K | -$9.71K | -250 | -25% |
|
|
MA
29
Montag & Associates
Atlanta,
Georgia
| $27.4K | – | – | – |
|
|
FFA
30
Fairfield Financial Advisors
Wellesley,
Massachusetts
| $23.3K | – | – | – |
|
|
BSB
31
Bangor Savings Bank
Bangor,
Maine
| $21.9K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $20.9K | -$8.78K | -226 | -28% |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $18.2K | +$19.4K | +500 | New |
|
34
US Bancorp
Minneapolis,
Minnesota
| $10.5K | – | – | – |
|
35
Osaic Holdings
Scottsdale,
Arizona
| $8.68K | +$9.25K | +238 | New |
|
|
SIS
36
Sound Income Strategies
Ft Lauderdale,
Florida
| $6.71K | +$7.15K | +184 | New |
|
37
Citigroup
New York
| $6.16K | – | – | – |
|
|
38
Neuberger Berman Group
New York
| – | -$224K | -5,550 | Closed |
|
|
AWS
39
Atria Wealth Solutions
New York
| – | -$207K | -5,122 | Closed |
|
FLG.PRU Hedge Fund Activity: Q3 2023 in Review
36 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q3 2023, worth a combined $84.9M — down 7.4% from $91.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FLG.PRU positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $2.19M. The largest seller was Victory Capital Management, cutting an estimated $2.32M.
- 36 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q3 2023, up from 34 in Q2 2023.
- Funds reported $84.9M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q3 2023, down 7.4% quarter-over-quarter.
- 4 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q3 2023 and 2 closed out, a net change of +2 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q3 2023 was Mirae Asset Global Investments, an estimated $2.19M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q3 2023 was Victory Capital Management, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2023.