First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
25 hedge funds and large institutions have $7.65M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
2.33% less ownership
Funds ownership: 15.51% → 13.18% (-2.3%)
7% less funds holding
Funds holding: 27 → 25 (-2)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
14% less capital invested
Capital invested by funds: $8.89M → $7.65M (-$1.24M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$253K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$172K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$83.8K |
| 4 |
LPL Financial
San Diego,
California
|
+$67K |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$49.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$899K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$323K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$250K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$211K |
| 5 |
Morgan Stanley
New York
|
-$80.4K |
FGB Hedge Fund Activity: Q2 2021 in Review
25 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q2 2021, worth a combined $7.65M — down 14% from $8.89M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGB and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $253K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $899K sold.
- 25 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q2 2021, down from 27 in Q1 2021.
- Funds reported $7.65M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q2 2021, down 14% quarter-over-quarter.
- 2 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q2 2021 and 4 closed out, a net change of -2 holders.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q2 2021 was Shaker Financial Services, an estimated $253K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q2 2021 was Relative Value Partners Group, an estimated $899K sold.
Based on aggregated 13F filings for Q2 2021.