First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
18 hedge funds and large institutions have $5.93M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.13% less ownership
Funds ownership: 6.88% → 6.75% (-0.13%)
2% less capital invested
Capital invested by funds: $6.07M → $5.93M (-$140K)
10% less funds holding
Funds holding: 20 → 18 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$89.7K |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
+$73.8K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$39K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$30.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$443K |
| 2 |
LPL Financial
San Diego,
California
|
-$119K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$81K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$42.2K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$40K |
FGB Hedge Fund Activity: Q2 2016 in Review
18 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2016, worth a combined $5.93M — down 2.3% from $6.07M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGB and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Citigroup, adding an estimated $89.7K. The largest seller was American International Group, exiting entirely with an estimated $443K sold.
- 18 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2016, down from 20 in Q1 2016.
- Funds reported $5.93M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2016, down 2.3% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2016 and 4 closed out, a net change of -2 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2016 was Citigroup, an estimated $89.7K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2016 was American International Group, an estimated $443K sold.
Based on aggregated 13F filings for Q2 2016.