TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
22 hedge funds and large institutions have $34.6M 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.
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
31% more capital invested
Capital invested by funds: $26.5M → $34.6M (+$8.09M)
29% more funds holding
Funds holding: 17 → 22 (+5)
1.98% more ownership
Funds ownership: 7.76% → 9.74% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.73M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.62M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.62M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$967K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$1.07M |
| 2 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
-$68K |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
-$24.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$17K |
| 5 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
-$6K |
NDP Hedge Fund Activity: Q3 2013 in Review
22 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2013, worth a combined $34.6M — up 31% from $26.5M 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 $34.6M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2013, up 31% 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.