TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
27 hedge funds and large institutions have $22.7M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
23% more funds holding
Funds holding: 22 → 27 (+5)
4% more capital invested
Capital invested by funds: $21.9M → $22.7M (+$896K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.38M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.33M |
| 3 |
SCM
Saba Capital Management
New York
|
+$967K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$340K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$921K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$450K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$172K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.8K |
| 5 |
BWL
Bogart Wealth LLC
Mclean,
Virginia
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BlackRock
New York
| $2K | +$1.88K | +62 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $1K | – | – | – |
|
|
BWL
28
Bogart Wealth LLC
Mclean,
Virginia
| – | -$3K | -105 | Closed |
|
NDP Hedge Fund Activity: Q2 2022 in Review
27 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q2 2022, worth a combined $22.7M — up 4.1% from $21.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NDP positions and 1 closed out — a net gain of 5 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was CSS LLC, adding an estimated $1.38M. The largest seller was Bulldog Investors, cutting an estimated $921K.
- 27 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q2 2022, up from 22 in Q1 2022.
- Funds reported $22.7M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q2 2022, up 4.1% quarter-over-quarter.
- 6 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q2 2022 and 1 closed out, a net change of +5 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q2 2022 was CSS LLC, an estimated $1.38M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q2 2022 was Bulldog Investors, an estimated $921K sold.
Based on aggregated 13F filings for Q2 2022.