First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
21 hedge funds and large institutions have $8.51M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 2 closing their positions.
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
40% more funds holding
Funds holding: 15 → 21 (+6)
0.66% less ownership
Funds ownership: 9.85% → 9.19% (-0.66%)
20% less capital invested
Capital invested by funds: $10.6M → $8.51M (-$2.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$464K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$115K |
| 3 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$89.3K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$86.7K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$84.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.32M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$114K |
| 3 |
Morgan Stanley
New York
|
-$74.3K |
FGB Hedge Fund Activity: Q2 2015 in Review
21 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2015, worth a combined $8.51M — down 20% from $10.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FGB positions and 2 closed out — a net gain of 7 holders — while 9 added to existing stakes and 1 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $464K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.32M sold.
- 21 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2015, up from 15 in Q1 2015.
- Funds reported $8.51M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2015, down 20% quarter-over-quarter.
- 9 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2015 and 2 closed out, a net change of +7 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2015 was Wolverine Asset Management, an estimated $464K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2015 was Advisors Asset Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q2 2015.