TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
31 hedge funds and large institutions have $19.2M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 4 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
8% less capital invested
Capital invested by funds: $20.8M → $19.2M (-$1.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$697K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$343K |
| 3 |
Morgan Stanley
New York
|
+$159K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$152K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.08M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$622K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$471K |
| 4 |
RCM
RB Capital Management
Reno,
Nevada
|
-$263K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $9K | +$8.99K | +88 | New |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | -$15.1K | -148 | -76% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $4K | – | – | – |
|
30
Citigroup
New York
| $3K | – | – | – |
|
|
FHB
31
First Hawaiian Bank
Honolulu,
Hawaii
| $3K | +$3.47K | +34 | New |
|
|
PAG
32
Private Advisor Group
Morristown,
New Jersey
| – | -$471K | -4,669 | Closed |
|
|
RCM
33
RB Capital Management
Reno,
Nevada
| – | -$263K | -2,610 | Closed |
|
|
TJHA
34
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$145K | -1,439 | Closed |
|
|
RCAG
35
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$9.46K | -94 | Closed |
|
NDP Hedge Fund Activity: Q3 2018 in Review
31 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2018, worth a combined $19.2M — down 7.7% from $20.8M a quarter earlier.
Fund positioning in NDP was balanced in Q3 2018: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $697K. The largest seller was Advisors Asset Management, cutting an estimated $1.08M.
- 31 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $19.2M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2018, down 7.7% quarter-over-quarter.
- 4 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2018 and 4 closed out, a net change of 0 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2018 was Bank of America, an estimated $697K added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2018 was Advisors Asset Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q3 2018.