TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
17 hedge funds and large institutions have $16.7M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $13.8M → $16.7M (+$2.83M)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
6% more funds holding
Funds holding: 16 → 17 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$777K |
| 2 |
SCM
Saba Capital Management
New York
|
+$715K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$691K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$573K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.11M |
| 2 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$156K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$73.1K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$7K |
NDP Hedge Fund Activity: Q3 2021 in Review
17 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q3 2021, worth a combined $16.7M — up 20% from $13.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NDP positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $777K. The largest seller was Matisse Capital, exiting entirely with an estimated $1.11M sold.
- 17 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $16.7M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q3 2021, up 20% quarter-over-quarter.
- 4 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q3 2021 was Rivernorth Capital Management, an estimated $777K added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q3 2021 was Matisse Capital, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2021.