Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
25 hedge funds and large institutions have $185M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 1 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
25% more capital invested
Capital invested by funds: $148M → $185M (+$37.2M)
4% more funds holding
Funds holding: 24 → 25 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$5.92M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.66M |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$2.09M |
| 4 |
Citigroup
New York
|
+$1.88M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$775K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$3.66M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.22M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$200K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$28.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.9K |
FLG.PRU Hedge Fund Activity: Q1 2014 in Review
25 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2014, worth a combined $185M — up 25% from $148M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FLG.PRU positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $5.92M. The largest seller was Oaktree Capital Management, cutting an estimated $3.66M.
- 25 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2014, up from 24 in Q4 2013.
- Funds reported $185M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2014, up 25% quarter-over-quarter.
- 2 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2014 and 1 closed out, a net change of +1 holder.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2014 was Victory Capital Management, an estimated $5.92M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2014 was Oaktree Capital Management, an estimated $3.66M sold.
Based on aggregated 13F filings for Q1 2014.