We are live on ! Find out more
NDP

TORTOISE ENERGY INDEPENDENCE FUND, INC.

Delisted

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

32 hedge funds and large institutions have $23.1M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

7% less capital invested

Capital invested by funds: $24.9M → $23.1M (-$1.82M)

18% less funds holding

Funds holding: 3932 (-7)

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

Holders
32
Holders Change
-7
Holders Change %
-17.95%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
15
Reduced
8
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$2.97M +$183K +2,264 +7%
Morgan Stanley
2
Morgan Stanley
New York
$2.75M +$205K +2,532 +9%
AAM
3
Advisors Asset Management
Colorado
$2.37M +$1.31M +16,153 +166%
CA
4
Cornerstone Advisors
North Carolina
$2.02M +$863K +10,650 +93%
UBS Group
5
UBS Group
Switzerland
$1.91M -$192K -2,366 -10%
GC
6
Guggenheim Capital
Illinois
$1.84M -$63.3K -781 -4%
Bank of America
7
Bank of America
North Carolina
$1.63M -$1.56M -19,209 -52%
WAM
8
Wolverine Asset Management
Illinois
$1.44M -$562K -6,935 -31%
MC
9
Matisse Capital
Oregon
$1.14M -$429K -5,293 -30%
CIC
10
Canal Insurance Company
South Carolina
$830K +$736K +9,075 New
TJHA
11
Thomas J. Herzfeld Advisors
Florida
$810K +$202K +2,488 +39%
SAM
12
SignalPoint Asset Management
Missouri
$738K +$203K +2,501 +45%
Wells Fargo
13
Wells Fargo
California
$440K -$99.7K -1,230 -20%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$431K +$46.5K +574 +14%
BTS
15
BB&T Securities
Virginia
$334K +$8.43K +104 +3%
LPL Financial
16
LPL Financial
California
$328K +$164K +2,018 +114%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$269K +$30.2K +372 +15%
TC
18
TFS Capital
Pennsylvania
$251K +$64.3K +793 +41%
ICM
19
Ionic Capital Management
New York
$165K -$7.29K -90 -5%
Stifel Financial
20
Stifel Financial
Missouri
$157K +$7.54K +93 +6%
Mariner
21
Mariner
Kansas
$130K +$1.38K +17 +1%
BFEC
22
Benjamin F. Edwards & Company
Missouri
$63K +$3.08K +38 +6%
Citigroup
23
Citigroup
New York
$20K -$17.9K -221 -51%
MFS
24
MSI Financial Services
Massachusetts
$18K
FHA
25
First Horizon Advisors
Tennessee
$17K

NDP Hedge Fund Activity: Q1 2016 in Review

32 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2016, worth a combined $23.1M — down 7.3% from $24.9M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NDP and 3 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 15 added.

The largest buyer was Advisors Asset Management, adding an estimated $1.31M. The largest seller was Bank of America, cutting an estimated $1.56M.

  • 32 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2016, down from 39 in Q4 2015.
  • Funds reported $23.1M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2016, down 7.3% quarter-over-quarter.
  • 3 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2016 and 10 closed out, a net change of -7 holders.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2016 was Advisors Asset Management, an estimated $1.31M added.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2016 was Bank of America, an estimated $1.56M sold.

Based on aggregated 13F filings for Q1 2016.