TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
32 hedge funds and large institutions have $4.27M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 9 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
11% less funds holding
Funds holding: 36 → 32 (-4)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
68% less capital invested
Capital invested by funds: $13.4M → $4.27M (-$9.15M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.54M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$918K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$570K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$392K |
| 5 |
Rockefeller Capital Management
New York
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$617K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$384K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$374K |
| 4 |
Morgan Stanley
New York
|
-$283K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$210K |
NDP Hedge Fund Activity: Q1 2020 in Review
32 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2020, worth a combined $4.27M — down 68% from $13.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NDP and 7 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $1.54M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $617K sold.
- 32 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2020, down from 36 in Q4 2019.
- Funds reported $4.27M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2020, down 68% quarter-over-quarter.
- 7 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2020 and 9 closed out, a net change of -2 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2020 was Punch & Associates Investment Management, an estimated $1.54M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2020 was Mariner Investment Group, an estimated $617K sold.
Based on aggregated 13F filings for Q1 2020.