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NDP

TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP

Delisted

NDP was delisted on the 20th of December, 2024.

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32 hedge funds and large institutions have $4.27M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 8

11% less funds holding

Funds holding: 36 → 32 (-4)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

68% less capital invested

Capital invested by funds: $13.4M → $4.27M (-$9.15M)

Holders
32
Holders Change
-4
Holders Change %
-11.11%
% of All Funds
0.71%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
9
Reduced
8
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PAIM
Punch & Associates Investment Management
Minnesota
+$1.54M
2
CC
Cannell Capital
Wyoming
+$918K
3
CCP
Clough Capital Partners
Massachusetts
+$570K
4
PAG
Private Advisor Group
New Jersey
+$392K
5
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$138K

Top Sellers

Rank Fund Capital Flow
1
MIG
Mariner Investment Group
New York
-$617K
2
AAM
Advisors Asset Management
Colorado
-$384K
3
CRC
Curi RMB Capital
Illinois
-$374K
4
Morgan Stanley
Morgan Stanley
New York
-$283K
5
AC
Almitas Capital
California
-$210K
Name Holding Trade Value Shares
Change 		Change in
Stake
TSS
26
Two Sigma Securities
New York
$13K +$32.8K +1,364 New
ASN
27
Advisory Services Network
Georgia
$8K – – –
SMFS
28
Squar Milner Financial Services
California
$5K – – –
FHA
29
First Horizon Advisors
Tennessee
$2K – – –
SFS
30
Sowell Financial Services
Arkansas
$2K +$169 +7 +3%
CFGS
31
Concourse Financial Group Securities
Alabama
$1K – – –
MIG
32
Mariner Investment Group
New York
– -$617K -17,801 Closed
AAM
33
Advisors Asset Management
Colorado
– -$384K -11,085 Closed
CRC
34
Curi RMB Capital
Illinois
– -$374K -10,771 Closed
AC
35
Almitas Capital
California
– -$210K -6,048 Closed
Geode Capital Management
36
Geode Capital Management
Massachusetts
– -$119K -3,443 Closed
IAA
37
Independent Advisor Alliance
North Carolina
– -$89K -2,562 Closed
Baird Financial Group
38
Baird Financial Group
Wisconsin
– -$45K -1,300 Closed
VRM
39
Vectors Research Management
New York
– -$2K -63 Closed
Citigroup
40
Citigroup
New York
– -$1K -25 Closed
1
2

NDP Hedge Fund Activity: Q1 2020 in Review

32 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2020, worth a combined $4.27M — down 68% from $13.4M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NDP and 7 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 9 added.

The largest buyer was Punch & Associates Investment Management, adding an estimated $1.54M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $617K sold.

  • 32 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2020, down from 36 in Q4 2019.
  • Funds reported $4.27M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2020, down 68% quarter-over-quarter.
  • 7 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2020 and 9 closed out, a net change of -2 holders.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2020 was Punch & Associates Investment Management, an estimated $1.54M added.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2020 was Mariner Investment Group, an estimated $617K sold.

Based on aggregated 13F filings for Q1 2020.