First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
19 hedge funds and large institutions have $11.7M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 6 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $11.2M → $11.7M (+$455K)
0.1% more ownership
Funds ownership: 9.68% → 9.78% (+0.1%)
10% less funds holding
Funds holding: 21 → 19 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
+$935K |
| 3 |
LPL Financial
San Diego,
California
|
+$403K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$276K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.77M |
| 2 |
Morgan Stanley
New York
|
-$460K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$314K |
| 4 |
EML
Eos Management LP
New York
|
-$274K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$187K |
FGB Hedge Fund Activity: Q3 2014 in Review
19 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2014, worth a combined $11.7M — up 4.1% from $11.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FGB and 4 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Wells Fargo, adding an estimated $1.1M. The largest seller was Advisors Asset Management, cutting an estimated $1.77M.
- 19 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2014, down from 21 in Q2 2014.
- Funds reported $11.7M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2014, up 4.1% quarter-over-quarter.
- 4 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2014 and 6 closed out, a net change of -2 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2014 was Wells Fargo, an estimated $1.1M added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2014 was Advisors Asset Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2014.