First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
15 hedge funds and large institutions have $10.6M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 4 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
0.53% less ownership
Funds ownership: 10.38% → 9.85% (-0.53%)
9% less capital invested
Capital invested by funds: $11.7M → $10.6M (-$1.05M)
17% less funds holding
Funds holding: 18 → 15 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Apriem Advisors
Irvine,
California
|
+$297K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$177K |
| 3 |
IH
IFC Holdings
Tampa,
Florida
|
+$120K |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$62K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$33.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$526K |
| 2 |
LPL Financial
San Diego,
California
|
-$243K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$194K |
| 4 |
AIG
American International Group
New York
|
-$119K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$118K |
FGB Hedge Fund Activity: Q1 2015 in Review
15 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2015, worth a combined $10.6M — down 9% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGB and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Apriem Advisors, adding an estimated $297K. The largest seller was Morgan Stanley, cutting an estimated $526K.
- 15 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2015, down from 18 in Q4 2014.
- Funds reported $10.6M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2015, down 9% quarter-over-quarter.
- 1 fund opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2015 and 4 closed out, a net change of -3 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2015 was Apriem Advisors, an estimated $297K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2015 was Morgan Stanley, an estimated $526K sold.
Based on aggregated 13F filings for Q1 2015.