Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
31 hedge funds and large institutions have $152M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 10 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $156M → $152M (-$3.87M)
21% less funds holding
Funds holding: 39 → 31 (-8)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.39M |
| 2 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.33M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$1.88M |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$823K |
| 5 |
Barclays
London,
United Kingdom
|
+$728K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$20.1M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$5.26M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$3.52M |
| 4 |
ACM
Advent Capital Management
New York
|
-$3.35M |
| 5 |
MA
MUFG Americas
New York
|
-$710K |
FLG.PRU Hedge Fund Activity: Q1 2018 in Review
31 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2018, worth a combined $152M — down 2.5% from $156M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FLG.PRU and 2 opened new positions — a net loss of 8 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $3.39M. The largest seller was Victory Capital Management, exiting entirely with an estimated $20.1M sold.
- 31 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2018, down from 39 in Q4 2017.
- Funds reported $152M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2018, down 2.5% quarter-over-quarter.
- 2 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2018 and 10 closed out, a net change of -8 holders.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2018 was Thrivent Financial for Lutherans, an estimated $3.39M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2018 was Victory Capital Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q1 2018.