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FLG.PRU

Flagstar Bank National Association Bifurcated Option Note Unit Securities

33 hedge funds and large institutions have $101M invested in Flagstar Bank National Association Bifurcated Option Note Unit Securities in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

16% more capital invested

Capital invested by funds: $86.9M → $101M (+$14M)

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

0% more funds holding

Funds holding: 3333 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
33
Holders Change
Holders Change %
0%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
8
Reduced
7
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
$25M -$22.8M -481,760 Closed
ACM
2
Advent Capital Management
New York
$10.2M -$3.83M -80,918 -28%
BlackRock
3
BlackRock
New York
$7.09M -$389K -8,220 -5%
Bank of America
4
Bank of America
North Carolina
$6.6M +$1.4M +29,519 +29%
CCM
5
Cutler Capital Management
Massachusetts
$6.16M -$320K -6,760 -5%
Thrivent Financial for Lutherans
6
Thrivent Financial for Lutherans
Minnesota
$4.67M
PCM
7
Palisade Capital Management
New Jersey
$4.54M
CAM
8
Camden Asset Management
California
$4.49M +$4.26M +90,000 New
OCM
9
Oaktree Capital Management
California
$4.46M +$4.23M +89,250 New
Wells Fargo
10
Wells Fargo
California
$4.06M +$209K +4,409 +6%
SIM
11
SSI Investment Management
California
$3.06M
Morgan Stanley
12
Morgan Stanley
New York
$2.58M -$270K -5,704 -10%
GF
13
Gabelli Funds
New York
$2.38M
PAM
14
Private Asset Management
California
$2.31M +$213K +4,500 +11%
FCMC
15
Founders Capital Management (Connecticut)
Connecticut
$2.27M
JG
16
Jefferies Group
New York
$1.82M +$115K +2,437 +7%
ZA
17
Zazove Associates
Nevada
$1.7M
GGS
18
Galvin Gaustad & Stein
Arizona
$1.56M -$49.7K -1,050 -3%
KWA
19
KCS Wealth Advisory
California
$1.49M +$149K +3,151 +12%
Mirae Asset Global Investments
20
Mirae Asset Global Investments
South Korea
$1.1M +$202K +4,261 +24%
AIP
21
Ameritas Investment Partners
Nebraska
$690K
AWM
22
Altium Wealth Management
New York
$407K -$36.9K -780 -9%
ICM
23
IMS Capital Management
Oregon
$345K +$14.2K +300 +5%
TA
24
Teton Advisors
New York
$298K
FCH
25
Freestone Capital Holdings
Washington
$296K +$281K +5,923 New

FLG.PRU Hedge Fund Activity: Q1 2021 in Review

33 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) for Q1 2021, worth a combined $101M — up 16% from $86.9M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FLG.PRU positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 7 trimmed.

The largest buyer was Camden Asset Management, opening a new position worth an estimated $4.26M. The largest seller was Victory Capital Management, exiting entirely with an estimated $22.8M sold.

  • 33 institutional investors held Flagstar Bank National Association Bifurcated Option Note Unit Securities (FLG.PRU) as of Q1 2021, unchanged from Q4 2020.
  • Funds reported $101M of Flagstar Bank National Association Bifurcated Option Note Unit Securities stock for Q1 2021, up 16% quarter-over-quarter.
  • 5 funds opened new Flagstar Bank National Association Bifurcated Option Note Unit Securities positions in Q1 2021 and 4 closed out, a net change of +1 holder.
  • The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities buyer in Q1 2021 was Camden Asset Management, an estimated $4.26M added.
  • The largest Flagstar Bank National Association Bifurcated Option Note Unit Securities seller in Q1 2021 was Victory Capital Management, an estimated $22.8M sold.

Based on aggregated 13F filings for Q1 2021.