TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP was delisted on the 20th of December, 2024.
22 hedge funds and large institutions have $21.9M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $18.2M → $21.9M (+$3.6M)
16% more funds holding
Funds holding: 19 → 22 (+3)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
5.09% less ownership
Funds ownership: 44.55% → 39.46% (-5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$774K |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$435K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$314K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$245K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.19M |
| 2 |
Morgan Stanley
New York
|
-$1.12M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$792K |
| 4 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$430K |
| 5 |
SCM
Saba Capital Management
New York
|
-$355K |
NDP Hedge Fund Activity: Q1 2022 in Review
22 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q1 2022, worth a combined $21.9M — up 20% from $18.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NDP positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $774K. The largest seller was Bulldog Investors, cutting an estimated $2.19M.
- 22 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q1 2022, up from 19 in Q4 2021.
- Funds reported $21.9M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q1 2022, up 20% quarter-over-quarter.
- 6 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q1 2022 and 3 closed out, a net change of +3 holders.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q1 2022 was Wolverine Asset Management, an estimated $774K added.
- The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q1 2022 was Bulldog Investors, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2022.