First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
22 hedge funds and large institutions have $10.6M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 21 → 22 (+1)
3% more capital invested
Capital invested by funds: $10.3M → $10.6M (+$349K)
0.4% more ownership
Funds ownership: 11.56% → 11.97% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$109K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$105K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$81K |
| 4 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$65.3K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$62.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$80.1K |
| 2 |
ACS
Archford Capital Strategies
Swansea,
Illinois
|
-$12K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$10.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.02K |
| 5 |
Morgan Stanley
New York
|
-$7.61K |
FGB Hedge Fund Activity: Q3 2019 in Review
22 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q3 2019, worth a combined $10.6M — up 3.4% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FGB positions and 1 closed out — a net gain of 1 holder — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $109K. The largest seller was LPL Financial, cutting an estimated $80.1K.
- 22 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q3 2019, up from 21 in Q2 2019.
- Funds reported $10.6M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q3 2019, up 3.4% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q3 2019 was Susquehanna International Group, an estimated $109K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q3 2019 was LPL Financial, an estimated $80.1K sold.
Based on aggregated 13F filings for Q3 2019.