First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
27 hedge funds and large institutions have $6.83M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 5 closing their positions.
2.19% less ownership
Funds ownership: 17.62% → 15.43% (-2.2%)
6% less capital invested
Capital invested by funds: $7.3M → $6.83M (-$466K)
7% less funds holding
Funds holding: 29 → 27 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
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
|
+$100K |
| 2 |
SAM
Silverhawk Asset Management
Scottsdale,
Arizona
|
+$74K |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$57.9K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$32K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$30.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$317K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$310K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$134K |
| 4 |
NRW
Nova R Wealth
Overland Park,
Kansas
|
-$99K |
| 5 |
Morgan Stanley
New York
|
-$78.2K |
FGB Hedge Fund Activity: Q4 2022 in Review
27 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2022, worth a combined $6.83M — down 6.4% from $7.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGB and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, adding an estimated $100K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $317K.
- 27 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2022, down from 29 in Q3 2022.
- Funds reported $6.83M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2022, down 6.4% quarter-over-quarter.
- 4 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2022 and 5 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2022 was LPL Financial, an estimated $100K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $317K sold.
Based on aggregated 13F filings for Q4 2022.