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FLG.PRU

Flagstar Bank National Association Bifurcated Option Note Unit Securities

39 hedge funds and large institutions have $127M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

120% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 5

18% more funds holding

Funds holding: 3339 (+6)

8% more capital invested

Capital invested by funds: $117M → $127M (+$9.41M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
39
Holders Change
+6
Holders Change %
+18.18%
% of All Funds
0.84%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
10
Increased
11
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
1
Victory Capital Management
Texas
$24.7M +$1.11M +23,272 +5%
WCM
2
Waterstone Capital Management
Minnesota
$23.5M
ACM
3
Advent Capital Management
New York
$12.4M -$1.08M -22,831 -8%
CCM
4
Cutler Capital Management
Massachusetts
$8.32M
CS
5
Credit Suisse
Switzerland
$8.1M +$1.32M +27,899 +20%
Federated Hermes
6
Federated Hermes
Pennsylvania
$5.81M -$997K -21,000 -15%
Thrivent Financial for Lutherans
7
Thrivent Financial for Lutherans
Minnesota
$5.59M -$7.98M -168,073 -59%
SIM
8
SSI Investment Management
California
$5.18M +$382K +8,050 +8%
Bank of America
9
Bank of America
North Carolina
$4.31M +$322K +6,780 +8%
Wells Fargo
10
Wells Fargo
California
$3.23M +$81.2K +1,710 +3%
FCMC
11
Founders Capital Management (Connecticut)
Connecticut
$2.49M +$62.5K +1,316 +3%
Morgan Stanley
12
Morgan Stanley
New York
$2.48M +$55.3K +1,165 +2%
GF
13
Gabelli Funds
New York
$2.32M
OCM
14
Oaktree Capital Management
California
$2.27M +$2.24M +47,149 New
BlackRock
15
BlackRock
New York
$2.22M +$2.19M +46,087 New
PCM
16
Palisade Capital Management
New Jersey
$2.21M
CL
17
CSS LLC
Illinois
$1.29M +$1.27M +26,824 New
AWA
18
Arete Wealth Advisors
Illinois
$1.24M +$19K +400 +2%
MA
19
MUFG Americas
New York
$1.23M +$1.23M +25,848 New
KWA
20
KCS Wealth Advisory
California
$941K +$219K +4,620 +31%
AIP
21
Ameritas Investment Partners
Nebraska
$791K -$779K -16,400 Closed
AWM
22
Altium Wealth Management
New York
$760K -$99.7K -2,100 -12%
Calamos Advisors
23
Calamos Advisors
Illinois
$737K
Russell Investments Group
24
Russell Investments Group
United Kingdom
$615K +$605K +12,733 New
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$572K +$30.5K +642 +6%

FLG.PRU Hedge Fund Activity: Q1 2019 in Review

39 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2019, worth a combined $127M — up 8% from $117M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FLG.PRU positions and 4 closed out — a net gain of 6 holders — while 11 added to existing stakes and 5 trimmed.

The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $2.24M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $7.98M.

  • 39 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2019, up from 33 in Q4 2018.
  • Funds reported $127M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2019, up 8% quarter-over-quarter.
  • 10 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2019 and 4 closed out, a net change of +6 holders.
  • The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2019 was Oaktree Capital Management, an estimated $2.24M added.
  • The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2019 was Thrivent Financial for Lutherans, an estimated $7.98M sold.

Based on aggregated 13F filings for Q1 2019.