First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
18 hedge funds and large institutions have $11.2M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
27% more capital invested
Capital invested by funds: $8.77M → $11.2M (+$2.4M)
6% more funds holding
Funds holding: 17 → 18 (+1)
2.1% more ownership
Funds ownership: 8.82% → 10.92% (+2.1%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$424K |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
+$149K |
| 3 |
Bank of New York Mellon
New York
|
+$83.9K |
| 4 |
Morgan Stanley
New York
|
+$33.6K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$84K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$79.5K |
| 3 |
SF
Synovus Financial
Columbus,
Georgia
|
-$46K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$31K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$27.2K |
FGB Hedge Fund Activity: Q4 2016 in Review
18 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2016, worth a combined $11.2M — up 27% from $8.77M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FGB positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $424K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $84K sold.
- 18 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2016, up from 17 in Q3 2016.
- Funds reported $11.2M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2016, up 27% quarter-over-quarter.
- 4 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2016 and 3 closed out, a net change of +1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2016 was Wells Fargo, an estimated $424K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2016 was Susquehanna International Group, an estimated $84K sold.
Based on aggregated 13F filings for Q4 2016.