TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
19 hedge funds and large institutions have $18.2M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
12% more funds holding
Funds holding: 17 → 19 (+2)
10% more capital invested
Capital invested by funds: $16.7M → $18.2M (+$1.59M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$157K |
| 3 |
Morgan Stanley
New York
|
+$90.6K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$64.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$59.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$874K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$858K |
| 3 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$214K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$50.9K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$42.2K |
NDP Hedge Fund Activity: Q4 2021 in Review
19 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2021, worth a combined $18.2M — up 9.6% from $16.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NDP positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3M. The largest seller was Private Advisor Group, cutting an estimated $874K.
- 19 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2021, up from 17 in Q3 2021.
- Funds reported $18.2M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2021, up 9.6% quarter-over-quarter.
- 3 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2021 and 1 closed out, a net change of +2 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2021 was Saba Capital Management, an estimated $3M added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2021 was Private Advisor Group, an estimated $874K sold.
Based on aggregated 13F filings for Q4 2021.