First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
29 hedge funds and large institutions have $7.3M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 2 closing their positions.
1.6% more ownership
Funds ownership: 16.02% → 17.62% (+1.6%)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1% less capital invested
Capital invested by funds: $7.4M → $7.3M (-$101K)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$317K |
| 2 |
Morgan Stanley
New York
|
+$238K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$160K |
| 4 |
LPL Financial
San Diego,
California
|
+$148K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$82.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$83.7K |
| 2 |
NRW
Nova R Wealth
Overland Park,
Kansas
|
-$40.7K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$27.2K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$24K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$15.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
26
Lindbrook Capital
Calabasas,
California
| $14K | – | – | – |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| $11K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $8K | +$9.98K | +2,941 | New |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $1.73K | – | – | – |
|
|
UB
30
UMB Bank
Kansas City,
Missouri
| – | -$6K | -1,930 | Closed |
|
FGB Hedge Fund Activity: Q3 2022 in Review
29 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2022, worth a combined $7.3M — down 1.4% from $7.4M a quarter earlier.
Fund positioning in FGB was balanced in Q3 2022: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 10 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $317K. The largest seller was Royal Bank of Canada, cutting an estimated $83.7K.
- 29 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $7.3M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2022, down 1.4% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2022 and 2 closed out, a net change of 0 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2022 was Shaker Financial Services, an estimated $317K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2022 was Royal Bank of Canada, an estimated $83.7K sold.
Based on aggregated 13F filings for Q3 2022.