First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
23 hedge funds and large institutions have $11.5M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
0.62% more ownership
Funds ownership: 11.06% → 11.68% (+0.62%)
0% more capital invested
Capital invested by funds: $11.5M → $11.5M (+$41.5K)
4% less funds holding
Funds holding: 24 → 23 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$263K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$256K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$212K |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$146K |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
+$93.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$158K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$87K |
| 3 |
LPL Financial
San Diego,
California
|
-$64.2K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$57.9K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$52K |
FGB Hedge Fund Activity: Q3 2017 in Review
23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2017, worth a combined $11.5M — up 0.36% from $11.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGB and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 11 added.
The largest buyer was Guggenheim Capital, adding an estimated $263K. The largest seller was Morgan Stanley, cutting an estimated $158K.
- 23 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2017, down from 24 in Q2 2017.
- Funds reported $11.5M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2017, up 0.36% quarter-over-quarter.
- 3 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2017 was Guggenheim Capital, an estimated $263K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2017 was Morgan Stanley, an estimated $158K sold.
Based on aggregated 13F filings for Q3 2017.