First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
25 hedge funds and large institutions have $9.58M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
14% more funds holding
Funds holding: 22 → 25 (+3)
0.45% more ownership
Funds ownership: 12.38% → 12.83% (+0.45%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
15% less capital invested
Capital invested by funds: $11.3M → $9.58M (-$1.67M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$336K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$167K |
| 3 |
CA
Calton & Associates
Tampa,
Florida
|
+$134K |
| 4 |
SFC
SYM Financial Corp
Winona Lake,
Indiana
|
+$94.6K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$71.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$162K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$155K |
| 3 |
Morgan Stanley
New York
|
-$122K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$92K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$69.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Stifel Financial
St. Louis,
Missouri
| – | -$92K | -14,680 | Closed |
|
FGB Hedge Fund Activity: Q4 2018 in Review
25 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2018, worth a combined $9.58M — down 15% from $11.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FGB positions and 1 closed out — a net gain of 3 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Glovista Investments, opening a new position worth an estimated $336K. The largest seller was Susquehanna International Group, cutting an estimated $162K.
- 25 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2018, up from 22 in Q3 2018.
- Funds reported $9.58M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2018, down 15% quarter-over-quarter.
- 4 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2018 and 1 closed out, a net change of +3 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2018 was Glovista Investments, an estimated $336K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2018 was Susquehanna International Group, an estimated $162K sold.
Based on aggregated 13F filings for Q4 2018.