First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
26 hedge funds and large institutions have $9.26M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
8% more funds holding
Funds holding: 24 → 26 (+2)
2% more capital invested
Capital invested by funds: $9.04M → $9.26M (+$226K)
0.49% more ownership
Funds ownership: 10.23% → 10.72% (+0.49%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$870K |
| 2 |
LPL Financial
San Diego,
California
|
+$187K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$147K |
| 4 |
UB
UMB Bank
Kansas City,
Missouri
|
+$138K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$82.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
-$821K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$727K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$204K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$187K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$169K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $6K | – | – | – |
|
|
CA
27
Cetera Advisors
Denver,
Colorado
| – | -$821K | -133,463 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$727K | -118,464 | Closed |
|
|
DA
29
Doliver Advisors
Houston,
Texas
| – | -$187K | -30,500 | Closed |
|
30
Citadel Advisors
Miami,
Florida
| – | -$76K | -12,299 | Closed |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -500 | Closed |
|
FGB Hedge Fund Activity: Q1 2018 in Review
26 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2018, worth a combined $9.26M — up 2.5% from $9.04M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FGB positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $870K. The largest seller was Cetera Advisors, exiting entirely with an estimated $821K sold.
- 26 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2018, up from 24 in Q4 2017.
- Funds reported $9.26M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2018, up 2.5% quarter-over-quarter.
- 7 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2018 and 5 closed out, a net change of +2 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2018 was Raymond James Financial Services Advisors, an estimated $870K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2018 was Cetera Advisors, an estimated $821K sold.
Based on aggregated 13F filings for Q1 2018.