TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
16 hedge funds and large institutions have $13.8M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
38% more capital invested
Capital invested by funds: $10M → $13.8M (+$3.82M)
7% more funds holding
Funds holding: 15 → 16 (+1)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.06M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.55M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$1.27M |
| 4 |
Morgan Stanley
New York
|
+$436K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$3.73M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$623K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$615K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$488K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$41.9K |
NDP Hedge Fund Activity: Q2 2021 in Review
16 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q2 2021, worth a combined $13.8M — up 38% from $10M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NDP positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $3.06M. The largest seller was Aristides Capital, cutting an estimated $3.73M.
- 16 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q2 2021, up from 15 in Q1 2021.
- Funds reported $13.8M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q2 2021, up 38% quarter-over-quarter.
- 3 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q2 2021 and 2 closed out, a net change of +1 holder.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q2 2021 was Bulldog Investors, an estimated $3.06M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q2 2021 was Aristides Capital, an estimated $3.73M sold.
Based on aggregated 13F filings for Q2 2021.