First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
29 hedge funds and large institutions have $7.7M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
16% more funds holding
Funds holding: 25 → 29 (+4)
1% more capital invested
Capital invested by funds: $7.65M → $7.7M (+$41K)
0.28% more ownership
Funds ownership: 13.18% → 13.46% (+0.28%)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$227K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$222K |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$106K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$63.8K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$60.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$229K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$208K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$70.7K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$44.3K |
| 5 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
-$30.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $13K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $3K | -$537 | -131 | -16% |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $2.4K | – | – | – |
|
|
MIG
29
Mariner Investment Group
Harrison,
New York
| – | -$229K | -56,667 | Closed |
|
|
SB
30
Strategic Blueprint
Atlanta,
Georgia
| – | -$8K | -2,000 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$1.14K | -279 | -88% |
|
FGB Hedge Fund Activity: Q3 2021 in Review
29 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2021, worth a combined $7.7M — up 0.54% from $7.65M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGB positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $227K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $229K sold.
- 29 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2021, up from 25 in Q2 2021.
- Funds reported $7.7M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2021, up 0.54% quarter-over-quarter.
- 6 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2021 and 2 closed out, a net change of +4 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2021 was Shaker Financial Services, an estimated $227K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2021 was Mariner Investment Group, an estimated $229K sold.
Based on aggregated 13F filings for Q3 2021.