First Trust Specialty Finance and Financial Opportunities Fund
FGB was delisted on the 27th of June, 2025.
40 hedge funds and large institutions have $22.9M invested in First Trust Specialty Finance and Financial Opportunities Fund in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 7 closing their positions.
4% more capital invested
Capital invested by funds: $22.2M → $22.9M (+$780K)
0.57% more ownership
Funds ownership: 36.64% → 37.2% (+0.57%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
2% less funds holding
Funds holding: 41 → 40 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$585K |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$415K |
| 3 |
NS
NBC Securities
Birmingham,
Alabama
|
+$314K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$287K |
| 5 |
Morgan Stanley
New York
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$439K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$369K |
| 3 |
CC
CF Capital
Cohasset,
Massachusetts
|
-$360K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$131K |
| 5 |
NAS
NWF Advisory Services
Los Angeles,
California
|
-$131K |
FGB Hedge Fund Activity: Q1 2025 in Review
40 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in First Trust Specialty Finance and Financial Opportunities Fund (FGB) for Q1 2025, worth a combined $22.9M — up 3.5% from $22.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FGB and 6 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 13 added.
The largest buyer was Sit Investment Associates, adding an estimated $585K. The largest seller was Flagship Harbor Advisors, exiting entirely with an estimated $439K sold.
- 40 institutional investors held First Trust Specialty Finance and Financial Opportunities Fund (FGB) as of Q1 2025, down from 41 in Q4 2024.
- Funds reported $22.9M of First Trust Specialty Finance and Financial Opportunities Fund stock for Q1 2025, up 3.5% quarter-over-quarter.
- 6 funds opened new First Trust Specialty Finance and Financial Opportunities Fund positions in Q1 2025 and 7 closed out, a net change of -1 holder.
- The largest First Trust Specialty Finance and Financial Opportunities Fund buyer in Q1 2025 was Sit Investment Associates, an estimated $585K added.
- The largest First Trust Specialty Finance and Financial Opportunities Fund seller in Q1 2025 was Flagship Harbor Advisors, an estimated $439K sold.
Based on aggregated 13F filings for Q1 2025.