First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
18 hedge funds and large institutions have $7.17M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0.67% less ownership
Funds ownership: 9.19% → 8.52% (-0.67%)
14% less funds holding
Funds holding: 21 → 18 (-3)
16% less capital invested
Capital invested by funds: $8.51M → $7.17M (-$1.34M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$357K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$242K |
| 3 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$144K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$119K |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$803K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$414K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$97.4K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$75K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$66K |
FGB Hedge Fund Activity: Q3 2015 in Review
18 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2015, worth a combined $7.17M — down 16% from $8.51M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FGB and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was American International Group, opening a new position worth an estimated $357K. The largest seller was Baird Financial Group, exiting entirely with an estimated $803K sold.
- 18 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2015, down from 21 in Q2 2015.
- Funds reported $7.17M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2015, down 16% quarter-over-quarter.
- 3 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2015 and 6 closed out, a net change of -3 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2015 was American International Group, an estimated $357K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2015 was Baird Financial Group, an estimated $803K sold.
Based on aggregated 13F filings for Q3 2015.