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FGB

First Trust Specialty Finance and Financial Opportunities Fund

Delisted

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

28 hedge funds and large institutions have $7.21M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

55% more capital invested

Capital invested by funds: $4.65M → $7.21M (+$2.55M)

33% more funds holding

Funds holding: 2128 (+7)

1.93% more ownership

Funds ownership: 14.16%16.1% (+1.9%)

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

Holders
28
Holders Change
+7
Holders Change %
+33.33%
% of All Funds
0.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
7
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$1.16M -$399K -137,420 -27%
Osaic Holdings
2
Osaic Holdings
Arizona
$703K +$16K +5,521 +3%
RVPG
3
Relative Value Partners Group
$702K +$653K +225,058 New
LPL Financial
4
LPL Financial
California
$660K +$486K +167,674 +382%
FHA
5
Flagship Harbor Advisors
Massachusetts
$492K -$7.72K -2,662 -2%
Morgan Stanley
6
Morgan Stanley
New York
$459K -$34.6K -11,929 -7%
WAM
7
Wolverine Asset Management
Illinois
$395K -$101K -34,733 -21%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$383K -$11.8K -4,072 -3%
MIG
9
Mariner Investment Group
New York
$380K +$153K +52,716 +76%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$324K +$20.5K +7,062 +7%
QCIG
11
Quad-Cities Investment Group
Iowa
$213K -$98.5K -33,942 -33%
FIA
12
FNY Investment Advisers
New York
$188K +$175K +60,300 New
LCM
13
Landscape Capital Management
New Jersey
$169K +$157K +54,218 New
GLA
14
Good Life Advisors
Pennsylvania
$167K +$1.45K +500 +0.9%
CA
15
Cetera Advisors
Colorado
$148K -$172K -59,361 -56%
SFC
16
SYM Financial Corp
Indiana
$142K
ASN
17
Advisory Services Network
Georgia
$119K +$9.81K +3,382 +10%
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$103K +$96.2K +33,149 New
Wells Fargo
19
Wells Fargo
California
$62K -$181K -62,227 -76%
LC
20
Lindbrook Capital
California
$56K +$52.2K +18,000 New
Bank of America
21
Bank of America
North Carolina
$51K +$43.2K +14,878 +992%
RJA
22
Raymond James & Associates
Florida
$44K +$41.1K +14,155 New
Stifel Financial
23
Stifel Financial
Missouri
$32K -$4.64K -1,599 -13%
VF
24
Virtu Financial
New York
$32K +$29.3K +10,104 New
UBS Group
25
UBS Group
Switzerland
$14K +$13K +4,466 New

FGB Hedge Fund Activity: Q4 2020 in Review

28 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2020, worth a combined $7.21M — up 55% from $4.65M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FGB positions and 3 closed out — a net gain of 7 holders — while 7 added to existing stakes and 9 trimmed.

The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $653K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $399K.

  • 28 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2020, up from 21 in Q3 2020.
  • Funds reported $7.21M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2020, up 55% quarter-over-quarter.
  • 10 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2020 and 3 closed out, a net change of +7 holders.
  • The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2020 was Relative Value Partners Group, an estimated $653K added.
  • The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2020 was Raymond James Financial Services Advisors, an estimated $399K sold.

Based on aggregated 13F filings for Q4 2020.