First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
28 hedge funds and large institutions have $8.87M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 5 closing their positions.
2% more capital invested
Capital invested by funds: $8.72M → $8.87M (+$154K)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.12% less ownership
Funds ownership: 14.83% → 14.71% (-0.12%)
3% less funds holding
Funds holding: 29 → 28 (-1)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$579K |
| 2 |
Morgan Stanley
New York
|
+$574K |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$212K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$167K |
| 5 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRW
Nova R Wealth
Overland Park,
Kansas
|
-$443K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$361K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$327K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$240K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $10K | -$4.21K | -1,040 | -31% |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $2.52K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | +$575 | +142 | New |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$327K | -79,968 | Closed |
|
|
30
Nomura Holdings
Tokyo,
Japan
| – | -$240K | -58,984 | Closed |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$98K | -23,987 | Closed |
|
32
Stifel Financial
St. Louis,
Missouri
| – | -$67K | -16,417 | Closed |
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$49K | -11,991 | Closed |
|
FGB Hedge Fund Activity: Q1 2022 in Review
28 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2022, worth a combined $8.87M — up 1.8% from $8.72M a quarter earlier.
Fund positioning in FGB was balanced in Q1 2022: 5 funds opened new positions, 5 closed out, 7 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $579K. The largest seller was Nova R Wealth, cutting an estimated $443K.
- 28 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2022, down from 29 in Q4 2021.
- Funds reported $8.87M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2022, up 1.8% quarter-over-quarter.
- 5 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2022 and 5 closed out, a net change of 0 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2022 was LPL Financial, an estimated $579K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2022 was Nova R Wealth, an estimated $443K sold.
Based on aggregated 13F filings for Q1 2022.