Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
22 hedge funds and large institutions have $74.6M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 4 closing their positions.
3% more capital invested
Capital invested by funds: $72.2M → $74.6M (+$2.41M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 25 → 22 (-3)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICA
Infrastructure Capital Advisors
New York
|
+$2.81M |
| 2 |
Morgan Stanley
New York
|
+$538K |
| 3 |
KFA
Kelleher Financial Advisors
New York
|
+$394K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$382K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$7.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$498K |
| 2 |
MCM
Maltese Capital Management
New York
|
-$388K |
| 3 |
TCM
Telos Capital Management
San Diego,
California
|
-$367K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$250K |
| 5 |
BlackRock
New York
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| – | -$217K | -5,455 | Closed |
|
|
PS
27
Principal Securities
Des Moines,
Iowa
| – | -$19.9K | -500 | Closed |
|
FLG.PRU Hedge Fund Activity: Q4 2025 in Review
22 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q4 2025, worth a combined $74.6M — up 3.3% from $72.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLG.PRU and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Infrastructure Capital Advisors, adding an estimated $2.81M. The largest seller was Cutler Capital Management, cutting an estimated $498K.
- 22 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q4 2025, down from 25 in Q3 2025.
- Funds reported $74.6M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q4 2025, up 3.3% quarter-over-quarter.
- 2 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q4 2025 and 4 closed out, a net change of -2 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q4 2025 was Infrastructure Capital Advisors, an estimated $2.81M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q4 2025 was Cutler Capital Management, an estimated $498K sold.
Based on aggregated 13F filings for Q4 2025.