TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
29 hedge funds and large institutions have $27.1M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 0 closing their positions.
45% more funds holding
Funds holding: 20 → 29 (+9)
13% more capital invested
Capital invested by funds: $24M → $27.1M (+$3.11M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.02M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$849K |
| 3 |
BAM
Bayshore Asset Management
Coral Gables,
Florida
|
+$698K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$348K |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$758K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$580K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$326K |
| 4 |
Morgan Stanley
New York
|
-$189K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $31.2K | -$3.72K | -101 | -11% |
|
27
Wells Fargo
San Francisco,
California
| $26.1K | – | – | – |
|
|
BHWM
28
Beaird Harris Wealth Management
Dallas,
Texas
| $1.51K | -$626 | -17 | -30% |
|
29
US Bancorp
Minneapolis,
Minnesota
| $1.43K | +$1.4K | +38 | New |
|
NDP Hedge Fund Activity: Q3 2024 in Review
29 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2024, worth a combined $27.1M — up 13% from $24M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NDP positions and 0 closed out — a net gain of 10 holders — while 4 added to existing stakes and 9 trimmed.
The largest buyer was Almitas Capital, adding an estimated $1.02M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $758K.
- 29 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2024, up from 20 in Q2 2024.
- Funds reported $27.1M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2024, up 13% quarter-over-quarter.
- 10 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2024 and 0 closed out, a net change of +10 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2024 was Almitas Capital, an estimated $1.02M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2024 was Thomas J. Herzfeld Advisors, an estimated $758K sold.
Based on aggregated 13F filings for Q3 2024.