First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
24 hedge funds and large institutions have $9.04M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 23 → 24 (+1)
1.45% less ownership
Funds ownership: 11.68% → 10.23% (-1.4%)
21% less capital invested
Capital invested by funds: $11.5M → $9.04M (-$2.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$873K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$785K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$562K |
| 4 |
Morgan Stanley
New York
|
+$165K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.3M |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
-$1.2M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$250K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$237K |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$179K |
FGB Hedge Fund Activity: Q4 2017 in Review
24 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2017, worth a combined $9.04M — down 21% from $11.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FGB positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $873K. The largest seller was Wells Fargo, cutting an estimated $2.3M.
- 24 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2017, up from 23 in Q3 2017.
- Funds reported $9.04M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2017, down 21% quarter-over-quarter.
- 6 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2017 and 5 closed out, a net change of +1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2017 was Cetera Advisors, an estimated $873K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2017 was Wells Fargo, an estimated $2.3M sold.
Based on aggregated 13F filings for Q4 2017.