First Trust Specialty Finance and Financial Opportunities Fund
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.
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: 25 → 21 (-4)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$125K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$110K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$96.8K |
| 4 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$61.6K |
| 5 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$26.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$548K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$353K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$136K |
| 4 |
CA
Calton & Associates
Tampa,
Florida
|
-$120K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$76.7K |
FGB Hedge Fund Activity: Q2 2019 in Review
21 of the 4,625 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.