First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
18 hedge funds and large institutions have $5.83M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 6 closing their positions.
42% more capital invested
Capital invested by funds: $4.12M → $5.83M (+$1.71M)
1.4% less ownership
Funds ownership: 13.87% → 12.47% (-1.4%)
14% less funds holding
Funds holding: 21 → 18 (-3)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$111K |
| 2 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$26.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$11.2K |
| 4 |
LPL Financial
San Diego,
California
|
+$9.6K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$7.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$179K |
| 2 |
Morgan Stanley
New York
|
-$109K |
| 3 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
-$87.2K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$84.9K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$44K |
FGB Hedge Fund Activity: Q2 2020 in Review
18 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2020, worth a combined $5.83M — up 42% from $4.12M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FGB and 3 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Royal Bank of Canada, adding an estimated $111K. The largest seller was Landscape Capital Management, exiting entirely with an estimated $179K sold.
- 18 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2020, down from 21 in Q1 2020.
- Funds reported $5.83M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2020, up 42% quarter-over-quarter.
- 3 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2020 and 6 closed out, a net change of -3 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2020 was Royal Bank of Canada, an estimated $111K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2020 was Landscape Capital Management, an estimated $179K sold.
Based on aggregated 13F filings for Q2 2020.