Flagstar Bank National Association Bifurcated Option Note Unit Securities

FLG.PRU

Market cap $106M

#	Name	Holding	Trade Value	Shares Change	Change in Stake
1	1 Waterstone Capital Management St. Louis Park, Minnesota	$46.6M	–	–	–
2	2 Zazove Associates Incline Village, Nevada	$40.6M	+$40.7M	+831,864	New
3	3 Citigroup New York	$40.2M	+$41.6M	+849,919	New
4	4 KeyBank National Association Cleveland, Ohio	$22.9M	+$23.5M	+481,021	New
5	5 Oaktree Capital Management Los Angeles, California	$7.2M	+$7.34M	+150,000	New
6	6 Cincinnati Insurance Fairfield, Ohio	$4.49M	+$4.65M	+95,000	New
7	7 Managed Account Advisors Jersey City, New Jersey	$3.76M	+$3.89M	+79,496	New
8	8 Federated Hermes Pittsburgh, Pennsylvania	$2.99M	+$3.05M	+62,400	New
9	DCM 9 Dinsmore Capital Management Morristown, New Jersey	$2.28M	+$2.35M	+48,000	New
10	10 Neuberger Berman Group New York	$1.9M	+$1.97M	+40,275	New
11	11 Thrivent Financial for Lutherans Minneapolis, Minnesota	$1.75M	+$1.71M	+35,000	New
12	12 NWQ Investment Management Company Los Angeles, California	$888K	–	–	–
13	13 Barclays London, United Kingdom	$358K	+$370K	+7,572	New
14	14 Advent Capital Management New York	$143K	+$145K	+2,968	New
15	15 UBS Zurich, Switzerland	$130K	+$135K	+2,752	New
16	16 Wells Fargo San Francisco, California	$90K	+$93K	+1,901	New
17	17 LS Investment Advisors Bloomfield Hills, Michigan	$8K	+$19.4K	+397	New
18	18 Citadel Advisors Miami, Florida	–	+$147	+3	New