TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
31 hedge funds and large institutions have $26.1M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
11% more funds holding
Funds holding: 28 → 31 (+3)
30% less capital invested
Capital invested by funds: $37.4M → $26.1M (-$11.2M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.43M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.07M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$591K |
| 4 |
DLCIG
D.L. Carlson Investment Group
Concord,
New Hampshire
|
+$349K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.69M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$564K |
| 4 |
Morgan Stanley
New York
|
-$343K |
| 5 |
AIG
American International Group
New York
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $12K | +$15.3K | +125 | New |
|
|
CK
27
Carnick & Kubik
Colorado Springs,
Colorado
| $7.49K | +$9.21K | +75 | New |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | -$4.54K | -37 | -37% |
|
29
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $2K | +$2.09K | +17 | New |
|
|
TJHA
32
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$1.69M | -11,486 | Closed |
|
33
LPL Financial
San Diego,
California
| – | -$247K | -1,774 | Closed |
|
|
FWM
34
Frontier Wealth Management
Kansas City,
Missouri
| – | -$208K | -1,416 | Closed |
|
|
1CP
35
1607 Capital Partners
Richmond,
Virginia
| – | -$191K | -1,301 | Closed |
|
|
BRWM
36
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$1K | -9 | Closed |
|
NDP Hedge Fund Activity: Q3 2015 in Review
31 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2015, worth a combined $26.1M — down 30% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NDP positions and 5 closed out — a net gain of 3 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was UBS Group, adding an estimated $2.43M. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $1.69M sold.
- 31 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2015, up from 28 in Q2 2015.
- Funds reported $26.1M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2015, down 30% quarter-over-quarter.
- 8 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2015 and 5 closed out, a net change of +3 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2015 was UBS Group, an estimated $2.43M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2015 was Thomas J. Herzfeld Advisors, an estimated $1.69M sold.
Based on aggregated 13F filings for Q3 2015.