TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
33 hedge funds and large institutions have $45.8M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
3% more funds holding
Funds holding: 32 → 33 (+1)
22% less capital invested
Capital invested by funds: $58.9M → $45.8M (-$13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.41M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$804K |
| 3 |
CIC
Canal Insurance Company
Greenville,
South Carolina
|
+$712K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$565K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.78M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.1M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$745K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$389K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$340K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
First Horizon Advisors
Memphis,
Tennessee
| $34K | – | – | – |
|
|
NES
27
New England Securities
New York
| $24K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $19K | +$21.8K | +125 | New |
|
|
NPC
29
National Planning Corporation
El Segundo,
California
| $16.1K | +$18.5K | +106 | New |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $9K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $8K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | – | – | – |
|
|
BRWM
33
B. Riley Wealth Management
Memphis,
Tennessee
| $1K | – | – | – |
|
|
RJA
34
Raymond James & Associates
St Petersburg,
Florida
| – | -$389K | -1,969 | Closed |
|
35
Jane Street
New York
| – | -$286K | -1,445 | Closed |
|
36
Mariner
Overland Park,
Kansas
| – | -$240K | -1,216 | Closed |
|
37
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -13 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$2K | -13 | Closed |
|
NDP Hedge Fund Activity: Q4 2014 in Review
33 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2014, worth a combined $45.8M — down 22% from $58.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NDP positions and 5 closed out — a net gain of 2 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $1.41M. The largest seller was Wolverine Asset Management, cutting an estimated $1.78M.
- 33 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $45.8M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2014, down 22% quarter-over-quarter.
- 7 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2014 and 5 closed out, a net change of +2 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2014 was Thomas J. Herzfeld Advisors, an estimated $1.41M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2014 was Wolverine Asset Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q4 2014.