Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
27 hedge funds and large institutions have $187M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 1 closing their positions.
4,388% more capital inflows, than outflows
Capital inflows: $36.1M | Capital outflows: $803K
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
8% more funds holding
Funds holding: 25 → 27 (+2)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Zazove Associates
Incline Village,
Nevada
|
+$32.9M |
| 2 |
Citigroup
New York
|
+$1.97M |
| 3 |
Advent Capital Management
New York
|
+$292K |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
+$252K |
| 5 |
Cutler Capital Management
Worcester,
Massachusetts
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$484K |
| 2 |
Neuberger Berman Group
New York
|
-$98.1K |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$63K |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$58.9K |
| 5 |
Managed Account Advisors
Jersey City,
New Jersey
|
-$49.1K |
FLG.PRU Hedge Fund Activity: Q2 2014 in Review
27 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q2 2014, worth a combined $187M — up 0.86% from $185M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FLG.PRU positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Zazove Associates, opening a new position worth an estimated $32.9M. The largest seller was Barclays, cutting an estimated $484K.
- 27 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q2 2014, up from 25 in Q1 2014.
- Funds reported $187M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q2 2014, up 0.86% quarter-over-quarter.
- 4 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q2 2014 was Zazove Associates, an estimated $32.9M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q2 2014 was Barclays, an estimated $484K sold.
Based on aggregated 13F filings for Q2 2014.