First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
27 hedge funds and large institutions have $8.89M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 6 closing their positions.
23% more capital invested
Capital invested by funds: $7.21M → $8.89M (+$1.68M)
0.59% less ownership
Funds ownership: 16.1% → 15.51% (-0.59%)
4% less funds holding
Funds holding: 28 → 27 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$197K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$194K |
| 3 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
+$145K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$78.8K |
| 5 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
+$37.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$166K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$158K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$134K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$103K |
| 5 |
Morgan Stanley
New York
|
-$76K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $3K | +$3.08K | +847 | New |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $2.41K | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$103K | -33,149 | Closed |
|
|
RJA
29
Raymond James & Associates
St Petersburg,
Florida
| – | -$44K | -14,155 | Closed |
|
|
VF
30
Virtu Financial
New York
| – | -$32K | -10,104 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$14K | -4,466 | Closed |
|
|
BEI
32
Benjamin Edwards Inc
Clayton,
Missouri
| – | -$2K | -594 | Closed |
|
FGB Hedge Fund Activity: Q1 2021 in Review
27 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2021, worth a combined $8.89M — up 23% from $7.21M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FGB and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 6 added.
The largest buyer was Mariner Independent Advisor Network, opening a new position worth an estimated $197K. The largest seller was Wolverine Asset Management, cutting an estimated $166K.
- 27 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2021, down from 28 in Q4 2020.
- Funds reported $8.89M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2021, up 23% quarter-over-quarter.
- 5 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2021 and 6 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2021 was Mariner Independent Advisor Network, an estimated $197K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2021 was Wolverine Asset Management, an estimated $166K sold.
Based on aggregated 13F filings for Q1 2021.