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NDP

TORTOISE ENERGY INDEPENDENCE FUND, INC.

Delisted

NDP was delisted on the 20th of December, 2024.

26 hedge funds and large institutions have $23.8M invested in TORTOISE ENERGY INDEPENDENCE FUND, INC. in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

4% more funds holding

Funds holding: 2526 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $24.6M → $23.8M (-$725K)

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

Holders
26
Holders Change
+1
Holders Change %
+4%
% of All Funds
0.42%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
6
Reduced
9
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$5.57M +$403K +12,519 +7%
SCM
2
Saba Capital Management
New York
$4.85M -$577K -17,893 -10%
RJA
3
Raymond James & Associates
Florida
$4.6M +$5.08M +157,784 New
AC
4
Aristides Capital
Kentucky
$2.05M -$223K -6,935 -9%
1CP
5
1607 Capital Partners
Virginia
$1.22M -$68.3K -2,119 -5%
WAM
6
Wolverine Asset Management
Illinois
$1.06M +$286K +8,860 +32%
Allspring Global Investments
7
Allspring Global Investments
North Carolina
$603K +$667K +20,708 New
Morgan Stanley
8
Morgan Stanley
New York
$548K +$90.9K +2,821 +18%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$543K -$20.3K -629 -3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$514K +$108K +3,360 +24%
Bank of America
11
Bank of America
North Carolina
$443K -$163K -5,063 -25%
WP
12
Woodline Partners
California
$388K +$430K +13,330 New
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$324K +$359K +11,144 New
CL
14
CSS LLC
Illinois
$297K -$1.53M -47,366 -82%
BCA
15
Bay Colony Advisors
Massachusetts
$224K +$248K +7,703 New
MMG
16
Monetary Management Group
Missouri
$147K +$163K +5,051 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$121K +$967 +30 +0.7%
Osaic Holdings
18
Osaic Holdings
Arizona
$117K +$193 +6 +0.1%
UBS Group
19
UBS Group
Switzerland
$110K -$79.1K -2,455 -39%
BBPWM
20
Blue Bell Private Wealth Management
Pennsylvania
$71.7K -$38.3K -1,190 -33%
US Bancorp
21
US Bancorp
Minnesota
$23.3K
Wells Fargo
22
Wells Fargo
California
$18.9K -$116K -3,588 -85%
CA
23
CoreCap Advisors
Michigan
$4.72K +$5.22K +162 New
ASN
24
Advisory Services Network
Georgia
$4.08K +$4.51K +140 New
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$3K

NDP Hedge Fund Activity: Q4 2022 in Review

26 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) for Q4 2022, worth a combined $23.8M — down 3% from $24.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new NDP positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 9 trimmed.

The largest buyer was Raymond James & Associates, opening a new position worth an estimated $5.08M. The largest seller was Bulldog Investors, exiting entirely with an estimated $2.1M sold.

  • 26 institutional investors held TORTOISE ENERGY INDEPENDENCE FUND, INC. (NDP) as of Q4 2022, up from 25 in Q3 2022.
  • Funds reported $23.8M of TORTOISE ENERGY INDEPENDENCE FUND, INC. stock for Q4 2022, down 3% quarter-over-quarter.
  • 8 funds opened new TORTOISE ENERGY INDEPENDENCE FUND, INC. positions in Q4 2022 and 6 closed out, a net change of +2 holders.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. buyer in Q4 2022 was Raymond James & Associates, an estimated $5.08M added.
  • The largest TORTOISE ENERGY INDEPENDENCE FUND, INC. seller in Q4 2022 was Bulldog Investors, an estimated $2.1M sold.

Based on aggregated 13F filings for Q4 2022.