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FLG.PRU

Flagstar Bank National Association Bifurcated Option Note Unit Securities

34 hedge funds and large institutions have $161M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

6% more capital invested

Capital invested by funds: $151M → $161M (+$9.04M)

3% more funds holding

Funds holding: 3334 (+1)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

Holders
34
Holders Change
+1
Holders Change %
+3.03%
% of All Funds
0.85%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
4
Increased
8
Reduced
8
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WCM
1
Waterstone Capital Management
Minnesota
$24.7M
ZA
2
Zazove Associates
Nevada
$23.3M -$4.63M -90,849 -17%
ACM
3
Advent Capital Management
New York
$20.5M +$3.66M +71,721 +22%
Victory Capital Management
4
Victory Capital Management
Texas
$20.1M -$848K -16,637 -4%
CCM
5
Cutler Capital Management
Massachusetts
$9.17M -$259K -5,084 -3%
Thrivent Financial for Lutherans
6
Thrivent Financial for Lutherans
Minnesota
$9.16M +$2.8M +55,000 +43%
Federated Hermes
7
Federated Hermes
Pennsylvania
$7.19M
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$6.94M
CIP
9
Chartwell Investment Partners
Pennsylvania
$5.74M +$5.75M +112,835 New
Bessemer Group
10
Bessemer Group
New Jersey
$5.28M
CI
11
Cincinnati Insurance
Ohio
$4.83M
GF
12
Gabelli Funds
New York
$3.25M
Bank of America
13
Bank of America
North Carolina
$2.91M +$5.87K +115 +0.2%
Wells Fargo
14
Wells Fargo
California
$2.82M -$27.9K -547 -1%
FCMC
15
Founders Capital Management (Connecticut)
Connecticut
$2.71M +$2.72M +53,268 New
SIM
16
SSI Investment Management
California
$2.58M +$2.23M +43,781 +584%
FPC
17
Falcon Point Capital
California
$1.77M
Morgan Stanley
18
Morgan Stanley
New York
$1.32M -$12.1K -238 -0.9%
AWA
19
Arete Wealth Advisors
Illinois
$1.09M +$326K +6,385 +42%
Calamos Advisors
20
Calamos Advisors
Illinois
$839K -$76.2K -1,495 -8%
AIP
21
Ameritas Investment Partners
Nebraska
$833K
ADBIC
22
A.D. Beadell Investment Counsel
Wisconsin
$663K +$110K +2,161 +20%
SIM
23
Sonora Investment Management
Arizona
$643K -$15.3K -300 -2%
Neuberger Berman Group
24
Neuberger Berman Group
New York
$392K +$5.1K +100 +1%
SB
25
Suntrust Banks
Georgia
$374K

FLG.PRU Hedge Fund Activity: Q3 2017 in Review

34 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q3 2017, worth a combined $161M — up 6% from $151M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new FLG.PRU positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.

The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $5.75M. The largest seller was Zazove Associates, cutting an estimated $4.63M.

  • 34 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q3 2017, up from 33 in Q2 2017.
  • Funds reported $161M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q3 2017, up 6% quarter-over-quarter.
  • 4 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q3 2017 and 3 closed out, a net change of +1 holder.
  • The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q3 2017 was Chartwell Investment Partners, an estimated $5.75M added.
  • The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q3 2017 was Zazove Associates, an estimated $4.63M sold.

Based on aggregated 13F filings for Q3 2017.