TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
29 hedge funds and large institutions have $29.1M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 5 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
9% more capital invested
Capital invested by funds: $26.6M → $29.1M (+$2.48M)
9% less funds holding
Funds holding: 32 → 29 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.75M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$628K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$275K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$1.32M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.05M |
| 3 |
Morgan Stanley
New York
|
-$820K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$211K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$4.7K | +38 | New |
|
|
PRS
27
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| $4K | +$4.21K | +34 | New |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $3K | -$1.05M | -8,458 | -100% |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
SAM
30
SignalPoint Asset Management
Springfield,
Missouri
| – | -$1.32M | -11,042 | Closed |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$211K | -1,765 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$156K | -1,310 | Closed |
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$7K | -63 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$5K | -40 | Closed |
|
NDP Hedge Fund Activity: Q3 2016 in Review
29 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2016, worth a combined $29.1M — up 9.3% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NDP and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 14 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.75M. The largest seller was SignalPoint Asset Management, exiting entirely with an estimated $1.32M sold.
- 29 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2016, down from 32 in Q2 2016.
- Funds reported $29.1M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2016, up 9.3% quarter-over-quarter.
- 2 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2016 and 5 closed out, a net change of -3 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2016 was Advisors Asset Management, an estimated $1.75M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2016 was SignalPoint Asset Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2016.