TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
25 hedge funds and large institutions have $24.6M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 4 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
8% more capital invested
Capital invested by funds: $22.7M → $24.6M (+$1.83M)
7% less funds holding
Funds holding: 27 → 25 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$732K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$485K |
| 3 |
Morgan Stanley
New York
|
+$108K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$90.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$43.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$197K |
| 2 |
MMG
Monetary Management Group
St Louis,
Missouri
|
-$190K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$148K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$51.2K |
| 5 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
-$16.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MMG
26
Monetary Management Group
St Louis,
Missouri
| – | -$190K | -7,000 | Closed |
|
|
VVP
27
Venture Visionary Partners
Sylvania,
Ohio
| – | -$16.9K | -622 | Closed |
|
|
CA
28
CoreCap Advisors
Southfield,
Michigan
| – | -$4K | -162 | Closed |
|
29
BlackRock
New York
| – | -$2K | -62 | Closed |
|
NDP Hedge Fund Activity: Q3 2022 in Review
25 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2022, worth a combined $24.6M — up 8% from $22.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NDP and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $732K. The largest seller was Wolverine Asset Management, cutting an estimated $197K.
- 25 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2022, down from 27 in Q2 2022.
- Funds reported $24.6M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2022, up 8% quarter-over-quarter.
- 2 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2022 and 4 closed out, a net change of -2 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2022 was Sit Investment Associates, an estimated $732K added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2022 was Wolverine Asset Management, an estimated $197K sold.
Based on aggregated 13F filings for Q3 2022.