First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
20 hedge funds and large institutions have $6.07M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
4% less capital invested
Capital invested by funds: $6.3M → $6.07M (-$234K)
1.03% less ownership
Funds ownership: 7.91% → 6.88% (-1%)
5% less funds holding
Funds holding: 21 → 20 (-1)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IH
IFC Holdings
Tampa,
Florida
|
+$404K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$120K |
| 3 |
AIG
American International Group
New York
|
+$74.5K |
| 4 |
LPL Financial
San Diego,
California
|
+$71K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$67.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Apriem Advisors
Irvine,
California
|
-$946K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$209K |
| 3 |
Citigroup
New York
|
-$162K |
| 4 |
BW
Bison Wealth
Atlanta,
Georgia
|
-$69K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$61K |
FGB Hedge Fund Activity: Q1 2016 in Review
20 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2016, worth a combined $6.07M — down 3.7% from $6.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGB and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was IFC Holdings, adding an estimated $404K. The largest seller was Apriem Advisors, exiting entirely with an estimated $946K sold.
- 20 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2016, down from 21 in Q4 2015.
- Funds reported $6.07M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2016, down 3.7% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2016 was IFC Holdings, an estimated $404K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2016 was Apriem Advisors, an estimated $946K sold.
Based on aggregated 13F filings for Q1 2016.