TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
39 hedge funds and large institutions have $24.9M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
26% more funds holding
Funds holding: 31 → 39 (+8)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
5% less capital invested
Capital invested by funds: $26.1M → $24.9M (-$1.18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.88M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.21M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$799K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$672K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$662K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.15M |
| 3 |
CIC
Canal Insurance Company
Greenville,
South Carolina
|
-$907K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$813K |
| 5 |
DLCIG
D.L. Carlson Investment Group
Concord,
New Hampshire
|
-$284K |
NDP Hedge Fund Activity: Q4 2015 in Review
39 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2015, worth a combined $24.9M — down 4.5% from $26.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NDP positions and 5 closed out — a net gain of 9 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.88M. The largest seller was UBS Group, cutting an estimated $3.4M.
- 39 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2015, up from 31 in Q3 2015.
- Funds reported $24.9M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2015, down 4.5% quarter-over-quarter.
- 14 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2015 and 5 closed out, a net change of +9 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2015 was Wolverine Asset Management, an estimated $1.88M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2015 was UBS Group, an estimated $3.4M sold.
Based on aggregated 13F filings for Q4 2015.