TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
32 hedge funds and large institutions have $58.9M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 3 closing their positions.
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
33% more funds holding
Funds holding: 24 → 32 (+8)
13% less capital invested
Capital invested by funds: $67.5M → $58.9M (-$8.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$2.2M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.18M |
| 3 |
Morgan Stanley
New York
|
+$582K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$522K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$7.54M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$589K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$411K |
| 4 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
-$253K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$226K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $31K | +$33.6K | +156 | New |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $12K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $10K | – | – | – |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | +$1.51K | +7 | +64% |
|
30
Ameriprise
Minneapolis,
Minnesota
| $2K | +$2.8K | +13 | New |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $2K | +$2.8K | +13 | New |
|
|
BRWM
32
B. Riley Wealth Management
Memphis,
Tennessee
| $1K | +$1.94K | +9 | New |
|
|
CL
33
CSS LLC
Chicago,
Illinois
| – | -$411K | -1,825 | Closed |
|
|
MTIM
34
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$253K | -1,125 | Closed |
|
|
35
Citadel Advisors
Miami,
Florida
| – | -$226K | -1,005 | Closed |
|
NDP Hedge Fund Activity: Q3 2014 in Review
32 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2014, worth a combined $58.9M — down 13% from $67.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NDP positions and 3 closed out — a net gain of 8 holders — while 14 added to existing stakes and 3 trimmed.
The largest buyer was Oppenheimer & Co, opening a new position worth an estimated $2.2M. The largest seller was UBS, cutting an estimated $7.54M.
- 32 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2014, up from 24 in Q2 2014.
- Funds reported $58.9M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2014, down 13% quarter-over-quarter.
- 11 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2014 and 3 closed out, a net change of +8 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2014 was Oppenheimer & Co, an estimated $2.2M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2014 was UBS, an estimated $7.54M sold.
Based on aggregated 13F filings for Q3 2014.