TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
19 hedge funds and large institutions have $51.7M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 7 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
6% more capital invested
Capital invested by funds: $48.7M → $51.7M (+$3.01M)
21% less funds holding
Funds holding: 24 → 19 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.16M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$714K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$351K |
| 5 |
Morgan Stanley
New York
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$972K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$378K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$323K |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$105K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$91.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$2K | -15 | Closed |
|
NDP Hedge Fund Activity: Q1 2014 in Review
19 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2014, worth a combined $51.7M — up 6.2% from $48.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NDP and 2 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 12 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.12M. The largest seller was Barclays, exiting entirely with an estimated $972K sold.
- 19 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2014, down from 24 in Q4 2013.
- Funds reported $51.7M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2014, up 6.2% quarter-over-quarter.
- 2 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2014 was Guggenheim Capital, an estimated $2.12M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2014 was Barclays, an estimated $972K sold.
Based on aggregated 13F filings for Q1 2014.