13D Filing: Xl Investments Ltd and Five Oaks Investment Corp. (OAKS)

CUSIP No.
33830W106

Page
2
of 9 pages

NAMES OF
REPORTING PERSONS

XL Investments Ltd

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  ☐        (b)  ☒

SEC USE ONLY

SOURCE OF FUNDS (See Instructions)

WC

CHECK IF DISCLOSURE OF LEGAL
PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)  ☐

CITIZENSHIP OR PLACE OF
ORGANIZATION

Bermuda

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

-0-

SHARED VOTING POWER

3,330,550

SOLE DISPOSITIVE POWER

-0-

SHARED DISPOSITIVE POWER

3,330,550

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,330,550

CHECK IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES (See Instructions)  ☐

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

14.1%

TYPE OF REPORTING PERSON (See
Instructions)

CO