First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
29 hedge funds and large institutions have $7.4M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
4% more funds holding
Funds holding: 28 → 29 (+1)
1.31% more ownership
Funds ownership: 14.71% → 16.02% (+1.3%)
17% less capital invested
Capital invested by funds: $8.87M → $7.4M (-$1.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$307K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$270K |
| 3 |
Morgan Stanley
New York
|
+$158K |
| 4 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$111K |
| 5 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$221K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$41.7K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$41K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$39.1K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$30.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $11K | +$12.5K | +3,390 | New |
|
|
UB
27
UMB Bank
Kansas City,
Missouri
| $6K | +$7.13K | +1,930 | New |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $1.93K | – | – | – |
|
|
MIAN
29
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$221K | -52,500 | Closed |
|
|
MCC
30
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$24K | -5,750 | Closed |
|
|
FFWM
31
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$13K | -3,200 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$10K | -2,305 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$114 | -31 | -22% |
|
FGB Hedge Fund Activity: Q2 2022 in Review
29 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2022, worth a combined $7.4M — down 17% from $8.87M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FGB positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $307K. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $221K sold.
- 29 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2022, up from 28 in Q1 2022.
- Funds reported $7.4M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2022, down 17% quarter-over-quarter.
- 5 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2022 and 4 closed out, a net change of +1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2022 was LPL Financial, an estimated $307K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2022 was Mariner Independent Advisor Network, an estimated $221K sold.
Based on aggregated 13F filings for Q2 2022.