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FGB

First Trust Specialty Finance and Financial Opportunities Fund

Delisted

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.

New
Increased
Maintained
Reduced
Closed

16% more capital invested

Capital invested by funds: $9.58M → $11.1M (+$1.53M)

0% more funds holding

Funds holding: 2525 (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

Holders
25
Holders Change
Holders Change %
0%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
8
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$2.9M +$572K +95,040 +25%
FHA
2
Flagship Harbor Advisors
Massachusetts
$1.41M -$28.9K -4,800 -2%
LTFS
3
Ladenburg Thalmann Financial Services
Florida
$1.02M +$767K +127,558 +335%
QCIG
4
Quad-Cities Investment Group
Iowa
$986K -$30K -4,991 -3%
CA
5
Cetera Advisors
Colorado
$824K -$41.2K -6,856 -5%
AG
6
Advisor Group
Arizona
$663K -$18.6K -3,100 -3%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$642K -$11.2K -1,858 -2%
Wells Fargo
8
Wells Fargo
California
$558K -$1.21M -200,964 -69%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$353K -$96.5K -16,038 -22%
LPL Financial
10
LPL Financial
California
$335K
Morgan Stanley
11
Morgan Stanley
New York
$335K +$131K +21,852 +67%
SFC
12
SYM Financial Corp
Indiana
$261K
GLA
13
Good Life Advisors
Pennsylvania
$235K +$1.74K +289 +0.8%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$136K +$59.5K +9,897 +81%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$129K +$5.07K +843 +4%
CA
16
Calton & Associates
Florida
$120K -$17K -2,821 -13%
Stifel Financial
17
Stifel Financial
Missouri
$64K +$63.2K +10,508 New
RA
18
RFG Advisory
Alabama
$62K +$409 +68 +0.7%
UBS Group
19
UBS Group
Switzerland
$26K -$24.9K -4,141 -49%
Bank of America
20
Bank of America
North Carolina
$19K +$457 +76 +3%
ACS
21
Archford Capital Strategies
Illinois
$12K
AIM
22
Advantage Investment Management
Iowa
$6K
ASN
23
Advisory Services Network
Georgia
$6K
APA
24
American Portfolios Advisors
New York
$3.72K
IA
25
IFP Advisors
Florida
$3K +$2.51K +417 New

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.