TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
31 hedge funds and large institutions have $40.5M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $36.8M → $40.5M (+$3.73M)
3% more funds holding
Funds holding: 30 → 31 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.99M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.09M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$374K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$265K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$880K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$593K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$252K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$177K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
First Horizon Advisors
Memphis,
Tennessee
| $25K | – | – | – |
|
|
CAG
27
Crestwood Advisors Group
Boston,
Massachusetts
| $15K | +$16.4K | +125 | New |
|
|
ACS
28
Archford Capital Strategies
Swansea,
Illinois
| $8K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $7K | – | – | – |
|
|
TIM
30
Tortoise Investment Management
White Plains,
New York
| $3K | – | – | – |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
32
Creative Planning
Overland Park,
Kansas
| – | -$177K | -1,339 | Closed |
|
|
TJHA
33
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$3K | -23 | Closed |
|
NDP Hedge Fund Activity: Q1 2017 in Review
31 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2017, worth a combined $40.5M — up 10% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NDP positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.99M. The largest seller was Morgan Stanley, cutting an estimated $880K.
- 31 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2017, up from 30 in Q4 2016.
- Funds reported $40.5M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2017, up 10% quarter-over-quarter.
- 4 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2017 and 2 closed out, a net change of +2 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2017 was Sit Investment Associates, an estimated $2.99M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2017 was Morgan Stanley, an estimated $880K sold.
Based on aggregated 13F filings for Q1 2017.