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NDP

TORTOISE ENERGY INDEPENDENCE FUND, INC.

Delisted

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

31 hedge funds and large institutions have $49M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $45.8M → $49M (+$3.15M)

6% less funds holding

Funds holding: 3331 (-2)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

33% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 12

Holders
31
Holders Change
-2
Holders Change %
-6.06%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$7.35M +$1.66M +10,193 +29%
Invesco
2
Invesco
Georgia
$6.99M -$275K -1,689 -4%
BTS
3
BB&T Securities
Virginia
$6.66M -$17.7K -109 -3%
GC
4
Guggenheim Capital
Illinois
$6.46M -$652K -4,006 -9%
UBS Group
5
UBS Group
Switzerland
$6.18M -$618K -3,798 -9%
Morgan Stanley
6
Morgan Stanley
New York
$5.06M +$2.56M +15,708 +100%
TJHA
7
Thomas J. Herzfeld Advisors
Florida
$1.85M -$400K -2,457 -18%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$1.53M +$754K +4,631 +95%
CIC
9
Canal Insurance Company
South Carolina
$1.46M
Wells Fargo
10
Wells Fargo
California
$1.25M +$270K +1,658 +27%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$860K -$18.6K -114 -2%
RCAG
12
Rehmann Capital Advisory Group
Michigan
$767K +$377K +2,316 +95%
AIG
13
American International Group
New York
$557K +$59.1K +363 +12%
SAM
14
SignalPoint Asset Management
Missouri
$470K +$25.9K +159 +6%
LPL Financial
15
LPL Financial
California
$258K +$262K +1,611 New
HighTower Advisors
16
HighTower Advisors
Illinois
$233K -$58K -356 -20%
RJA
17
Raymond James & Associates
Florida
$224K +$227K +1,393 New
OC
18
Oppenheimer & Co
New York
$217K -$744K -4,573 -77%
1CP
19
1607 Capital Partners
Virginia
$209K -$639K -3,927 -75%
AAM
20
Advisors Asset Management
Colorado
$133K -$2.6K -16 -2%
BFEC
21
Benjamin F. Edwards & Company
Missouri
$95K +$326 +2 +0.3%
Citigroup
22
Citigroup
New York
$60K -$9.28K -57 -13%
FHA
23
First Horizon Advisors
Tennessee
$30K -$6.51K -40 -18%
MFS
24
MSI Financial Services
Massachusetts
$25K +$25.4K +156 New
Creative Planning
25
Creative Planning
Kansas
$20K

NDP Hedge Fund Activity: Q1 2015 in Review

31 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2015, worth a combined $49M — up 6.9% from $45.8M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NDP and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.

The largest buyer was Morgan Stanley, adding an estimated $2.56M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $904K sold.

  • 31 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2015, down from 33 in Q4 2014.
  • Funds reported $49M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2015, up 6.9% quarter-over-quarter.
  • 5 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2015 and 6 closed out, a net change of -1 holder.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2015 was Morgan Stanley, an estimated $2.56M added.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2015 was Wolverine Asset Management, an estimated $904K sold.

Based on aggregated 13F filings for Q1 2015.