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NDP

TORTOISE ENERGY INDEPENDENCE FUND, INC.

Delisted

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

19 hedge funds and large institutions have $51.7M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 2

6% more capital invested

Capital invested by funds: $48.7M → $51.7M (+$3.01M)

21% less funds holding

Funds holding: 2419 (-5)

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Holders
19
Holders Change
-5
Holders Change %
-20.83%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
12
Reduced
2
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
1
UBS
Switzerland
$15.9M +$714K +3,637 +5%
Invesco
2
Invesco
Georgia
$7.32M +$1.16M +5,897 +19%
GC
3
Guggenheim Capital
Illinois
$6.88M +$2.12M +10,785 +45%
Bank of America
4
Bank of America
North Carolina
$5.89M +$57.3K +292 +1%
Morgan Stanley
5
Morgan Stanley
New York
$3.36M +$319K +1,625 +11%
BTS
6
BB&T Securities
Virginia
$2.88M +$16.5K +84 +6%
WAM
7
Wolverine Asset Management
Illinois
$2.82M -$91.3K -465 -3%
OC
8
Oppenheimer & Co
New York
$1.85M +$39.2K +200 +2%
Wells Fargo
9
Wells Fargo
California
$1.27M -$42.2K -215 -3%
CIC
10
Canal Insurance Company
South Carolina
$993K
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$858K +$42.4K +216 +5%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$505K +$144K +733 +40%
HighTower Advisors
13
HighTower Advisors
Illinois
$455K +$30.6K +156 +7%
1CP
14
1607 Capital Partners
Virginia
$355K +$351K +1,789 New
AIG
15
American International Group
New York
$243K +$240K +1,225 New
Citigroup
16
Citigroup
New York
$64K +$51.2K +261 +408%
FHA
17
First Horizon Advisors
Tennessee
$45K +$7.85K +40 +21%
US Bancorp
18
US Bancorp
Minnesota
$10K
Fifth Third Bancorp
19
Fifth Third Bancorp
Ohio
$2K
Barclays
20
Barclays
United Kingdom
-$972K -4,853 Closed
RCM
21
Robinson Capital Management
Michigan
-$378K -1,905 Closed
PP
22
Paloma Partners
Connecticut
-$323K -1,608 Closed
CTC
23
Central Trust Company
Missouri
-$105K -522 Closed
Creative Planning
24
Creative Planning
Kansas
-$22K -109 Closed
DADC
25
D.A. Davidson & Co
Montana
-$3K -16 Closed

NDP Hedge Fund Activity: Q1 2014 in Review

19 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2014, worth a combined $51.7M — up 6.2% from $48.7M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NDP and 2 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 12 added.

The largest buyer was Guggenheim Capital, adding an estimated $2.12M. The largest seller was Barclays, exiting entirely with an estimated $972K sold.

  • 19 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2014, down from 24 in Q4 2013.
  • Funds reported $51.7M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2014, up 6.2% quarter-over-quarter.
  • 2 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2014 and 7 closed out, a net change of -5 holders.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2014 was Guggenheim Capital, an estimated $2.12M added.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2014 was Barclays, an estimated $972K sold.

Based on aggregated 13F filings for Q1 2014.