First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
24 hedge funds and large institutions have $10.3M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
11% more capital invested
Capital invested by funds: $9.26M → $10.3M (+$1.04M)
1.23% more ownership
Funds ownership: 10.72% → 11.96% (+1.2%)
8% less funds holding
Funds holding: 26 → 24 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$778K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$352K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$176K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$169K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UB
UMB Bank
Kansas City,
Missouri
|
-$135K |
| 2 |
SFC
SYM Financial Corp
Winona Lake,
Indiana
|
-$132K |
| 3 |
LPL Financial
San Diego,
California
|
-$126K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$78.4K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$71.7K |
FGB Hedge Fund Activity: Q2 2018 in Review
24 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2018, worth a combined $10.3M — up 11% from $9.26M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGB and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 12 added.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $778K. The largest seller was UMB Bank, exiting entirely with an estimated $135K sold.
- 24 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2018, down from 26 in Q1 2018.
- Funds reported $10.3M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2018, up 11% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2018 and 4 closed out, a net change of -2 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2018 was Cetera Advisors, an estimated $778K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2018 was UMB Bank, an estimated $135K sold.
Based on aggregated 13F filings for Q2 2018.