TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
36 hedge funds and large institutions have $12.3M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
16% more funds holding
Funds holding: 31 → 36 (+5)
36% less capital invested
Capital invested by funds: $19.2M → $12.3M (-$6.96M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.68M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$1.35M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$347K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$287K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$741K |
| 2 |
Morgan Stanley
New York
|
-$464K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$450K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$300K |
| 5 |
LPL Financial
San Diego,
California
|
-$212K |
NDP Hedge Fund Activity: Q4 2018 in Review
36 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2018, worth a combined $12.3M — down 36% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NDP positions and 5 closed out — a net gain of 5 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.68M. The largest seller was Advisors Asset Management, cutting an estimated $741K.
- 36 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2018, up from 31 in Q3 2018.
- Funds reported $12.3M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2018, down 36% quarter-over-quarter.
- 10 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2018 and 5 closed out, a net change of +5 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2018 was Wolverine Asset Management, an estimated $1.68M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2018 was Advisors Asset Management, an estimated $741K sold.
Based on aggregated 13F filings for Q4 2018.