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FGB

First Trust Specialty Finance and Financial Opportunities Fund

Delisted

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

36 hedge funds and large institutions have $16.4M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

38% more capital invested

Capital invested by funds: $11.9M → $16.4M (+$4.53M)

9% more funds holding

Funds holding: 3336 (+3)

7.36% more ownership

Funds ownership: 24.51%31.87% (+7.4%)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

Holders
36
Holders Change
+3
Holders Change %
+9.09%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
10
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.86M +$1.81M +550,029 +104%
LPL Financial
2
LPL Financial
California
$3.39M +$1.59M +484,187 +105%
CPRC
3
Consolidated Portfolio Review Corp
New York
$2.06M -$129K -39,128 -6%
PAG
4
Private Advisor Group
New Jersey
$958K +$258K +78,350 +41%
MC
5
Matisse Capital
Oregon
$889K +$18K +5,477 +2%
SCM
6
Saba Capital Management
New York
$697K +$640K +194,818 New
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$530K -$46.1K -14,037 -9%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$509K -$107K -32,605 -19%
SFS
9
Shaker Financial Services
Virginia
$433K -$512K -155,798 -56%
FHA
10
Flagship Harbor Advisors
Massachusetts
$402K -$6.25K -1,900 -2%
AGM
11
Alpine Global Management
New York
$320K
Osaic Holdings
12
Osaic Holdings
Arizona
$283K -$164K -49,965 -39%
GLA
13
Good Life Advisors
Pennsylvania
$184K +$2.1K +639 +1%
SFC
14
SYM Financial Corp
Indiana
$172K -$120K -36,475 -43%
Wells Fargo
15
Wells Fargo
California
$172K -$46.8K -14,231 -23%
AC
16
Almitas Capital
California
$165K +$111K +33,850 +279%
BCA
17
Bay Colony Advisors
Massachusetts
$160K -$15.7K -4,762 -10%
LCM
18
Landscape Capital Management
New Jersey
$158K +$84.9K +25,812 +140%
NAS
19
NWF Advisory Services
California
$143K +$20.4K +6,200 +18%
CA
20
Cetera Advisors
Colorado
$137K
RCM
21
Rivernorth Capital Management
Florida
$137K +$125K +38,168 New
CAG
22
Csenge Advisory Group
Florida
$131K -$27.2K -8,267 -18%
LSC
23
Logan Stone Capital
Illinois
$89.5K -$7.36K -2,240 -8%
ASN
24
Advisory Services Network
Georgia
$68.6K -$3.29K -1,000 -5%
CCP
25
Clough Capital Partners
Massachusetts
$44.9K +$41.2K +12,542 New

FGB Hedge Fund Activity: Q4 2023 in Review

36 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q4 2023, worth a combined $16.4M — up 38% from $11.9M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FGB positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 13 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.81M. The largest seller was Shaker Financial Services, cutting an estimated $512K.

  • 36 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q4 2023, up from 33 in Q3 2023.
  • Funds reported $16.4M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q4 2023, up 38% quarter-over-quarter.
  • 7 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q4 2023 and 4 closed out, a net change of +3 holders.
  • The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.81M added.
  • The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q4 2023 was Shaker Financial Services, an estimated $512K sold.

Based on aggregated 13F filings for Q4 2023.