First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
19 hedge funds and large institutions have $11.2M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more funds holding
Funds holding: 18 → 19 (+1)
0% more capital invested
Capital invested by funds: $11.2M → $11.2M (+$22K)
0.41% less ownership
Funds ownership: 10.92% → 10.51% (-0.41%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$420K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$112K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$84.6K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$44K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$20.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$405K |
| 2 |
ACP
Aveo Capital Partners
Englewood,
Colorado
|
-$318K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$109K |
| 4 |
Bank of New York Mellon
New York
|
-$85K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$64.4K |
FGB Hedge Fund Activity: Q1 2017 in Review
19 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2017, worth a combined $11.2M — up 0.2% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FGB positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $420K. The largest seller was Wells Fargo, cutting an estimated $405K.
- 19 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2017, up from 18 in Q4 2016.
- Funds reported $11.2M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2017, up 0.2% quarter-over-quarter.
- 3 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2017 and 2 closed out, a net change of +1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2017 was Doliver Advisors, an estimated $420K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2017 was Wells Fargo, an estimated $405K sold.
Based on aggregated 13F filings for Q1 2017.