Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
36 hedge funds and large institutions have $132M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
3% more funds holding
Funds holding: 35 → 36 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $142M → $132M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$7.95M |
| 2 |
BlackRock
New York
|
+$975K |
| 3 |
PAM
Private Asset Management
San Diego,
California
|
+$894K |
| 4 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
+$829K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$3.76M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.62M |
| 3 |
ACM
Advent Capital Management
New York
|
-$2.27M |
| 4 |
MA
MUFG Americas
New York
|
-$870K |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$658K |
FLG.PRU Hedge Fund Activity: Q4 2019 in Review
36 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q4 2019, worth a combined $132M — down 7.1% from $142M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FLG.PRU positions and 5 closed out — a net gain of 1 holder — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Zazove Associates, opening a new position worth an estimated $7.95M. The largest seller was Victory Capital Management, cutting an estimated $3.76M.
- 36 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q4 2019, up from 35 in Q3 2019.
- Funds reported $132M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q4 2019, down 7.1% quarter-over-quarter.
- 6 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q4 2019 and 5 closed out, a net change of +1 holder.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q4 2019 was Zazove Associates, an estimated $7.95M added.
- The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q4 2019 was Victory Capital Management, an estimated $3.76M sold.
Based on aggregated 13F filings for Q4 2019.