Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
35 hedge funds and large institutions have $142M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 2 closing their positions.
16% more capital invested
Capital invested by funds: $123M → $142M (+$19.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 36 → 35 (-1)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
+$4.62M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.5M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$1.96M |
| 4 |
BlackRock
New York
|
+$1.62M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.3M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$881K |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$768K |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$734K |
| 5 |
Citigroup
New York
|
-$619K |
FLG.PRU Hedge Fund Activity: Q3 2019 in Review
35 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q3 2019, worth a combined $142M — up 16% from $123M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FLG.PRU and 1 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 10 added.
The largest buyer was Advent Capital Management, adding an estimated $4.62M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.3M sold.
- 35 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q3 2019, down from 36 in Q2 2019.
- Funds reported $142M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q3 2019, up 16% quarter-over-quarter.
- 1 fund opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q3 2019 and 2 closed out, a net change of -1 holder.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q3 2019 was Advent Capital Management, an estimated $4.62M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q3 2019 was Credit Suisse, an estimated $5.3M sold.
Based on aggregated 13F filings for Q3 2019.