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FGB

First Trust Specialty Finance and Financial Opportunities Fund

Delisted

FGB was delisted on the 27th of June, 2025.

21 hedge funds and large institutions have $10.3M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 7

1.02% less ownership

Funds ownership: 12.58%11.56% (-1%)

7% less capital invested

Capital invested by funds: $11.1M → $10.3M (-$812K)

16% less funds holding

Funds holding: 2521 (-4)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
21
Holders Change
-4
Holders Change %
-16%
% of All Funds
0.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
9
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$3.04M +$110K +17,719 +4%
FHA
2
Flagship Harbor Advisors
Massachusetts
$1.41M -$13K -2,100 -0.9%
LTFS
3
Ladenburg Thalmann Financial Services
Florida
$1.15M +$125K +20,109 +12%
QCIG
4
Quad-Cities Investment Group
Iowa
$1.06M +$61.6K +9,939 +6%
CA
5
Cetera Advisors
Colorado
$825K -$5.62K -907 -0.7%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$614K -$33.7K -5,441 -5%
Wells Fargo
7
Wells Fargo
California
$486K -$76.7K -12,374 -14%
Morgan Stanley
8
Morgan Stanley
New York
$342K +$3.52K +568 +1%
LPL Financial
9
LPL Financial
California
$323K -$14.1K -2,275 -4%
SFC
10
SYM Financial Corp
Indiana
$269K +$6.33K +1,022 +2%
GLA
11
Good Life Advisors
Pennsylvania
$264K +$26.8K +4,327 +11%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$133K +$2.97K +480 +2%
AG
13
Advisor Group
Arizona
$119K -$548K -88,420 -82%
MA
14
Mutual Advisors
Nebraska
$97K +$96.8K +15,622 New
Stifel Financial
15
Stifel Financial
Missouri
$79K +$13.9K +2,251 +21%
UBS Group
16
UBS Group
Switzerland
$26K
APA
17
American Portfolios Advisors
New York
$25.5K +$21.7K +3,500 +579%
Bank of America
18
Bank of America
North Carolina
$18K -$1.67K -270 -9%
ACS
19
Archford Capital Strategies
Illinois
$12K
AIM
20
Advantage Investment Management
Iowa
$6K
ASN
21
Advisory Services Network
Georgia
$6K
Baird Financial Group
22
Baird Financial Group
Wisconsin
-$353K -57,338 Closed
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
-$136K -22,113 Closed
CA
24
Calton & Associates
Florida
-$120K -19,534 Closed
RA
25
RFG Advisory
Alabama
-$62K -10,143 Closed

FGB Hedge Fund Activity: Q2 2019 in Review

21 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2019, worth a combined $10.3M — down 7.3% from $11.1M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of FGB and 1 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 9 added.

The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $125K. The largest seller was Advisor Group, cutting an estimated $548K.

  • 21 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2019, down from 25 in Q1 2019.
  • Funds reported $10.3M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2019, down 7.3% quarter-over-quarter.
  • 1 fund opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2019 and 4 closed out, a net change of -3 holders.
  • The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2019 was Ladenburg Thalmann Financial Services, an estimated $125K added.
  • The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2019 was Advisor Group, an estimated $548K sold.

Based on aggregated 13F filings for Q2 2019.