First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
22 hedge funds and large institutions have $11.9M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
29% more funds holding
Funds holding: 17 → 22 (+5)
0.87% less ownership
Funds ownership: 11.65% → 10.77% (-0.87%)
9% less capital invested
Capital invested by funds: $13.1M → $11.9M (-$1.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$254K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$250K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$160K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$146K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$995K |
| 3 |
SG Americas Securities
New York
|
-$187K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$86K |
| 5 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$46.8K |
FGB Hedge Fund Activity: Q1 2014 in Review
22 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2014, worth a combined $11.9M — down 9.3% from $13.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FGB positions and 2 closed out — a net gain of 5 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $254K. The largest seller was Wells Fargo, cutting an estimated $1.11M.
- 22 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2014, up from 17 in Q4 2013.
- Funds reported $11.9M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2014, down 9.3% quarter-over-quarter.
- 7 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2014 and 2 closed out, a net change of +5 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2014 was Morgan Stanley, an estimated $254K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2014 was Wells Fargo, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2014.