First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
24 hedge funds and large institutions have $11.5M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
26% more funds holding
Funds holding: 19 → 24 (+5)
2% more capital invested
Capital invested by funds: $11.2M → $11.5M (+$265K)
0.55% more ownership
Funds ownership: 10.51% → 11.06% (+0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$260K |
| 2 |
Morgan Stanley
New York
|
+$205K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$97K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$88.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$80.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$111K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$81.6K |
| 3 |
LPL Financial
San Diego,
California
|
-$64.1K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$49.4K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$37.3K |
FGB Hedge Fund Activity: Q2 2017 in Review
24 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2017, worth a combined $11.5M — up 2.4% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGB positions and 1 closed out — a net gain of 5 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $260K. The largest seller was TFS Capital, exiting entirely with an estimated $111K sold.
- 24 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2017, up from 19 in Q1 2017.
- Funds reported $11.5M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2017, up 2.4% quarter-over-quarter.
- 6 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2017 and 1 closed out, a net change of +5 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2017 was Guggenheim Capital, an estimated $260K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2017 was TFS Capital, an estimated $111K sold.
Based on aggregated 13F filings for Q2 2017.