HOURGLASS CAPITAL, LLC FLG — FLAGSTAR FINANCIAL INC

Ownership history in HOURGLASS CAPITAL, LLC  ·  6 quarters on record

AI Ownership Summary

HOURGLASS CAPITAL, LLC reported FLAGSTAR FINANCIAL INC (FLG) in 6 quarterly 13F filings from 2024 Q4 through 2026 Q1. Peak portfolio weight reached 0.63% in 2026 Q1. The latest visible filing shows FLG at 0.63% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this FLG ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was HOURGLASS CAPITAL, LLC's position in FLAGSTAR FINANCIAL INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

FLG was reported at 0.63% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.63% in 2026 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

FLG stock page HOURGLASS CAPITAL, LLC fund profile HOURGLASS CAPITAL, LLC full holdings
How HOURGLASS CAPITAL, LLC held FLG — position size vs. price
% of Fund (quarterly)    FLG price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 6 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 230,000 +103,000 +81.1% 0.63% $3.0M 2026-05-04 $13.86
2025 Q4 ADDED — — — 127,000 +15,000 +13.4% 0.34% $1.6M 2026-01-14 $12.85
2025 Q3 ADDED — — — 112,000 +46,167 +70.1% 0.29% $1.3M 2025-11-10 $10.94
2025 Q2 REDUCED 5.7% +8.6% ❌ 65,833 -4,000 -5.7% 0.17% $698K 2025-07-29 $11.79
2025 Q1 REDUCED 31.0% -8.6% ✅ 69,833 -31,333 -31.0% 0.21% $811K 2025-04-30 $11.67
2024 Q4 INITIATED — — — 101,166 — — 0.26% $944K 2025-01-30 $11.02

🏢 Other funds also holding FLG

As of 2026 Q1 — sorted by position size

REVERENCE CAPITAL PARTNERS, L.P. 3Y 100.0% Liberty 77 Capital L.P. 67.81% KAHN BROTHERS GROUP INC 3Y 7Y 9.53% Tiptree Advisors, LLC 3Y 7Y 3.44% PL Capital Advisors, LLC 3Y 7Y 3.32% CERTUITY, LLC 3Y 1.83% Hudson Bay Capital Management LP 3Y 7Y 1.58% STEADFAST CAPITAL MANAGEMENT LP 3Y 7Y 1.56% Sippican Capital Advisors 3Y 7Y 1.51% North Reef Capital Management LP 3Y 1.26%

FAQ About HOURGLASS CAPITAL, LLC and FLG

These are the practical questions this page is built to answer before you even open the full history table.

How long has HOURGLASS CAPITAL, LLC reported owning FLG?

HOURGLASS CAPITAL, LLC reported FLG across 6 quarterly 13F filings, from 2024 Q4 through 2026 Q1.

What was the largest reported FLG position in HOURGLASS CAPITAL, LLC's portfolio?

The largest reported portfolio weight for FLG was 0.63% in 2026 Q1.

What is the latest reported FLG position on this page?

The most recent filing on this page is 2026 Q1, when HOURGLASS CAPITAL, LLC reported 230,000 shares, equal to 0.63% of portfolio, with an estimated market value of $3.0M.

What does the chart on this FLG ownership page compare?

The chart compares HOURGLASS CAPITAL, LLC's quarterly FLG portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did HOURGLASS CAPITAL, LLC time their FLG position?

Based on 13F filing dates vs. subsequent FLG price moves, HOURGLASS CAPITAL, LLC correctly timed 4 out of 5 reported position changes (80%). The annualised alpha on FLG relative to SPY over the holding period was +3.5%.

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