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NDP

TORTOISE ENERGY INDEPENDENCE FUND, INC.

Delisted

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

22 hedge funds and large institutions have $37.1M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 2

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

41% more capital invested

Capital invested by funds: $26.3M → $37.1M (+$10.8M)

29% more funds holding

Funds holding: 1722 (+5)

Holders
22
Holders Change
+5
Holders Change %
+29.41%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
10
Reduced
2
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
1
UBS
Switzerland
$14.6M +$1.62M +8,364 +13%
Bank of America
2
Bank of America
North Carolina
$5M +$44.3K +229 +0.9%
Invesco
3
Invesco
Georgia
$4.42M +$1.73M +8,928 +66%
Morgan Stanley
4
Morgan Stanley
New York
$3.17M +$454K +2,345 +17%
BTS
5
BB&T Securities
Virginia
$2.74M +$24.4K +126 +10%
WAM
6
Wolverine Asset Management
Illinois
$1.64M +$1.62M +8,362 New
Wells Fargo
7
Wells Fargo
California
$1.08M +$376K +1,945 +54%
CIC
8
Canal Insurance Company
South Carolina
$980K
OC
9
Oppenheimer & Co
New York
$980K +$967K +5,000 New
GC
10
Guggenheim Capital
Illinois
$682K +$673K +3,479 New
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$625K +$137K +709 +29%
Comerica Bank
12
Comerica Bank
Texas
$439K +$193K +1,000 +81%
PNC
13
Park National Corp
Ohio
$383K -$24.2K -125 -6%
TJHA
14
Thomas J. Herzfeld Advisors
Florida
$245K +$242K +1,250 New
FHA
15
First Horizon Advisors
Tennessee
$37K +$36.4K +188 New
Creative Planning
16
Creative Planning
Kansas
$31K +$30.8K +159 New
TRCT
17
Tower Research Capital (TRC)
New York
$14K -$17K -88 -55%
US Bancorp
18
US Bancorp
Minnesota
$10K +$9.67K +50 New
Citigroup
19
Citigroup
New York
$6K +$193 +1 +3%
Deutsche Bank
20
Deutsche Bank
Germany
$4K +$2.9K +15 +100%
DADC
21
D.A. Davidson & Co
Montana
$3K +$3.1K +16 New
Fifth Third Bancorp
22
Fifth Third Bancorp
Ohio
$2K
Mariner
23
Mariner
Kansas
-$1.07M -5,663 Closed
I2I
24
Insight 2811 Inc
Illinois
-$68K -359 Closed
PMFA
25
Plante Moran Financial Advisors
Michigan
-$6K -32 Closed

NDP Hedge Fund Activity: Q3 2013 in Review

22 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2013, worth a combined $37.1M — up 41% from $26.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new NDP positions and 3 closed out — a net gain of 5 holders — while 10 added to existing stakes and 2 trimmed.

The largest buyer was Invesco, adding an estimated $1.73M. The largest seller was Mariner, exiting entirely with an estimated $1.07M sold.

  • 22 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2013, up from 17 in Q2 2013.
  • Funds reported $37.1M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2013, up 41% quarter-over-quarter.
  • 8 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2013 and 3 closed out, a net change of +5 holders.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2013 was Invesco, an estimated $1.73M added.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2013 was Mariner, an estimated $1.07M sold.

Based on aggregated 13F filings for Q3 2013.