TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
24 hedge funds and large institutions have $48.7M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
31% more capital invested
Capital invested by funds: $37.1M → $48.7M (+$11.6M)
9% more funds holding
Funds holding: 22 → 24 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.05M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.67M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.24M |
| 4 |
Barclays
London,
United Kingdom
|
+$959K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$439K |
| 2 |
PNC
Park National Corp
Newark,
Ohio
|
-$383K |
| 3 |
Morgan Stanley
New York
|
-$182K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$14K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$9.88K |
NDP Hedge Fund Activity: Q4 2013 in Review
24 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2013, worth a combined $48.7M — up 31% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NDP positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $4.05M. The largest seller was Comerica Bank, exiting entirely with an estimated $439K sold.
- 24 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2013, up from 22 in Q3 2013.
- Funds reported $48.7M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2013, up 31% quarter-over-quarter.
- 5 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2013 and 3 closed out, a net change of +2 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2013 was Guggenheim Capital, an estimated $4.05M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2013 was Comerica Bank, an estimated $439K sold.
Based on aggregated 13F filings for Q4 2013.