First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
28 hedge funds and large institutions have $7.21M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
55% more capital invested
Capital invested by funds: $4.65M → $7.21M (+$2.55M)
33% more funds holding
Funds holding: 21 → 28 (+7)
1.93% more ownership
Funds ownership: 14.16% → 16.1% (+1.9%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$653K |
| 2 |
LPL Financial
San Diego,
California
|
+$486K |
| 3 |
FIA
FNY Investment Advisers
New York
|
+$175K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$157K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$399K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$181K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$172K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$101K |
| 5 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
-$98.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BEI
26
Benjamin Edwards Inc
Clayton,
Missouri
| $2K | +$1.72K | +594 | New |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $1.88K | – | – | – |
|
|
AC
28
Almitas Capital
Santa Monica,
California
| – | -$46K | -20,000 | Closed |
|
|
AAS
29
Avantax Advisory Services
Dallas,
Texas
| – | -$42K | -17,792 | Closed |
|
|
CFD
30
Creative Financial Designs
Kokomo,
Indiana
| – | -$19K | -8,400 | Closed |
|
31
Fidelity Investments
Boston,
Massachusetts
| – | +$3 | +1 | New |
|
FGB Hedge Fund Activity: Q4 2020 in Review
28 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2020, worth a combined $7.21M — up 55% from $4.65M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FGB positions and 3 closed out — a net gain of 7 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $653K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $399K.
- 28 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2020, up from 21 in Q3 2020.
- Funds reported $7.21M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2020, up 55% quarter-over-quarter.
- 10 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2020 and 3 closed out, a net change of +7 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2020 was Relative Value Partners Group, an estimated $653K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2020 was Raymond James Financial Services Advisors, an estimated $399K sold.
Based on aggregated 13F filings for Q4 2020.