First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
25 hedge funds and large institutions have $11.1M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 2 closing their positions.
16% more capital invested
Capital invested by funds: $9.58M → $11.1M (+$1.53M)
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.25% less ownership
Funds ownership: 12.83% → 12.58% (-0.25%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$767K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$572K |
| 3 |
Morgan Stanley
New York
|
+$131K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$63.2K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$59.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.21M |
| 2 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$293K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$96.5K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$41.2K |
| 5 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
-$30K |
FGB Hedge Fund Activity: Q1 2019 in Review
25 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2019, worth a combined $11.1M — up 16% from $9.58M a quarter earlier.
Fund positioning in FGB was balanced in Q1 2019: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $767K. The largest seller was Wells Fargo, cutting an estimated $1.21M.
- 25 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $11.1M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2019, up 16% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2019 and 2 closed out, a net change of 0 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2019 was Ladenburg Thalmann Financial Services, an estimated $767K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2019 was Wells Fargo, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2019.