Flagstar Bank National Association
FLG
360 hedge funds and large institutions have $4.02B invested in Flagstar Bank National Association in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 110 increasing their positions, 134 reducing their positions, and 26 closing their positions.
50% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 26
20% more call options, than puts
Call options by funds: $14.6M | Put options by funds: $12.2M
13% more capital invested
Capital invested by funds: $3.56B → $4.02B (+$465M)
3% more funds holding
Funds holding: 351 → 360 (+9)
0.25% more ownership
Funds ownership: 17.9% → 18.16% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
18% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$20.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.5M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$7.48M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KBG
Kahn Brothers Group
New York
|
-$14.2M |
| 2 |
State Street
Boston,
Massachusetts
|
-$12.2M |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
-$3.48M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$3.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
376
Gotham Asset Management
New York
| – | -$228K | -5,019 | Closed |
|
|
SA
377
Strategic Advisors
New York
| – | -$218K | -4,808 | Closed |
|
|
MWNA
378
Marshall Wace North America
New York
| – | -$189K | -4,161 | Closed |
|
379
Rafferty Asset Management
New York
| – | -$185K | -4,079 | Closed |
|
|
VKH
380
Virtu KCG Holdings
New York
| – | -$193K | -3,982 | Closed |
|
|
FTIOP
381
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
| – | -$172K | -3,799 | Closed |
|
382
Nomura Holdings
Tokyo,
Japan
| – | -$170K | -3,751 | Closed |
|
|
QI
383
QS Investors
New York
| – | -$163K | -3,600 | Closed |
|
|
MIU
384
Man Investments (UK)
London,
United Kingdom
| – | -$158K | -3,492 | Closed |
|
|
WTNA
385
Wilmington Trust National Association
Wilmington,
Delaware
| – | -$156K | -3,436 | Closed |
|
|
KIG
386
Kessler Investment Group
Columbus,
Indiana
| – | -$20K | -450 | Closed |
|
FLG Hedge Fund Activity: Q4 2013 in Review
360 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Flagstar Bank National Association (FLG) for Q4 2013, worth a combined $4.02B — up 13% from $3.56B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FLG positions and 26 closed out — a net gain of 13 holders — while 110 added to existing stakes and 134 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $20.2M. The largest seller was Kahn Brothers Group, cutting an estimated $14.2M.
- 360 institutional investors held Flagstar Bank National Association (FLG) as of Q4 2013, up from 351 in Q3 2013.
- Funds reported $4.02B of Flagstar Bank National Association stock for Q4 2013, up 13% quarter-over-quarter.
- 39 funds opened new Flagstar Bank National Association positions in Q4 2013 and 26 closed out, a net change of +13 holders.
- The largest Flagstar Bank National Association buyer in Q4 2013 was Goldman Sachs, an estimated $20.2M added.
- The largest Flagstar Bank National Association seller in Q4 2013 was Kahn Brothers Group, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2013.