First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
21 hedge funds and large institutions have $11.2M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 3 closing their positions.
1.09% less ownership
Funds ownership: 10.77% → 9.68% (-1.1%)
5% less funds holding
Funds holding: 22 → 21 (-1)
5% less capital invested
Capital invested by funds: $11.9M → $11.2M (-$636K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$330K |
| 2 |
EML
Eos Management LP
New York
|
+$259K |
| 3 |
AA
Apriem Advisors
Irvine,
California
|
+$36.8K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.1K |
| 5 |
LPL Financial
San Diego,
California
|
+$17.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$453K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$345K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$250K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$213K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$128K |
FGB Hedge Fund Activity: Q2 2014 in Review
21 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2014, worth a combined $11.2M — down 5.4% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGB and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, adding an estimated $330K. The largest seller was Wolverine Asset Management, cutting an estimated $453K.
- 21 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2014, down from 22 in Q1 2014.
- Funds reported $11.2M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2014, down 5.4% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2014 was Morgan Stanley, an estimated $330K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2014 was Wolverine Asset Management, an estimated $453K sold.
Based on aggregated 13F filings for Q2 2014.