TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
36 hedge funds and large institutions have $13.4M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 1 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 1
53% more capital invested
Capital invested by funds: $8.75M → $13.4M (+$4.67M)
44% more funds holding
Funds holding: 25 → 36 (+11)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$866K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$644K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$557K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$485K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$237K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$160K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$146K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$116K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$75.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WGA
26
Weather Gauge Advisory
Williamsburg,
Virginia
| $57K | – | – | – |
|
|
RJFSA
27
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $47K | +$42.4K | +1,356 | New |
|
28
Baird Financial Group
Milwaukee,
Wisconsin
| $45K | +$40.7K | +1,300 | New |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $29K | -$2.72K | -87 | -10% |
|
|
SMFS
30
Squar Milner Financial Services
Irvine,
California
| $19K | +$17.9K | +572 | New |
|
|
FHA
31
First Horizon Advisors
Memphis,
Tennessee
| $7K | – | – | – |
|
|
SFS
32
Sowell Financial Services
North Little Rock,
Arkansas
| $7K | +$6.57K | +210 | New |
|
|
CFGS
33
Concourse Financial Group Securities
Birmingham,
Alabama
| $3K | – | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
VRM
35
Vectors Research Management
New York
| $2K | +$1.97K | +63 | New |
|
36
Citigroup
New York
| $1K | – | – | – |
|
|
WS
37
Wedbush Securities
Los Angeles,
California
| – | -$45K | -1,375 | Closed |
|
NDP Hedge Fund Activity: Q4 2019 in Review
36 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2019, worth a combined $13.4M — up 53% from $8.75M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NDP positions and 1 closed out — a net gain of 11 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Matisse Capital, opening a new position worth an estimated $866K. The largest seller was Advisors Asset Management, cutting an estimated $237K.
- 36 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2019, up from 25 in Q3 2019.
- Funds reported $13.4M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2019, up 53% quarter-over-quarter.
- 12 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2019 and 1 closed out, a net change of +11 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2019 was Matisse Capital, an estimated $866K added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2019 was Advisors Asset Management, an estimated $237K sold.
Based on aggregated 13F filings for Q4 2019.