TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
24 hedge funds and large institutions have $67.5M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
31% more capital invested
Capital invested by funds: $51.7M → $67.5M (+$15.8M)
26% more funds holding
Funds holding: 19 → 24 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.57M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.17M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$997K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
-$1.85M |
| 2 |
Morgan Stanley
New York
|
-$524K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$133K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$26.4K |
NDP Hedge Fund Activity: Q2 2014 in Review
24 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q2 2014, worth a combined $67.5M — up 31% from $51.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NDP positions and 1 closed out — a net gain of 5 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was UBS, adding an estimated $3.8M. The largest seller was Oppenheimer & Co, exiting entirely with an estimated $1.85M sold.
- 24 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q2 2014, up from 19 in Q1 2014.
- Funds reported $67.5M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q2 2014, up 31% quarter-over-quarter.
- 6 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q2 2014 and 1 closed out, a net change of +5 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q2 2014 was UBS, an estimated $3.8M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q2 2014 was Oppenheimer & Co, an estimated $1.85M sold.
Based on aggregated 13F filings for Q2 2014.