First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
17 hedge funds and large institutions have $8.77M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 5 closing their positions.
48% more capital invested
Capital invested by funds: $5.93M → $8.77M (+$2.84M)
2.07% more ownership
Funds ownership: 6.75% → 8.82% (+2.1%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6% less funds holding
Funds holding: 18 → 17 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$777K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$540K |
| 3 |
LPL Financial
San Diego,
California
|
+$280K |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
+$235K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$113K |
| 2 |
Citigroup
New York
|
-$90K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$33.4K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
-$30K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$18K |
FGB Hedge Fund Activity: Q3 2016 in Review
17 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2016, worth a combined $8.77M — up 48% from $5.93M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FGB and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Wells Fargo, adding an estimated $777K. The largest seller was Doliver Advisors, exiting entirely with an estimated $113K sold.
- 17 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2016, down from 18 in Q2 2016.
- Funds reported $8.77M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2016, up 48% quarter-over-quarter.
- 4 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2016 was Wells Fargo, an estimated $777K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2016 was Doliver Advisors, an estimated $113K sold.
Based on aggregated 13F filings for Q3 2016.