Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
NTG was delisted on the 20th of December, 2024.
90 hedge funds and large institutions have $207M invested in Tortoise Midstream Energy Fund, Inc. Common Stock in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 13 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
4% less funds holding
Funds holding: 94 → 90 (-4)
7% less capital invested
Capital invested by funds: $224M → $207M (-$16.2M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
NFC Investments
Memphis,
Tennessee
|
+$2.12M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.56M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.1M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$890K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$872K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.16M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.14M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.69M |
| 4 |
Cohen & Steers
New York
|
-$1.64M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.2M |
NTG Hedge Fund Activity: Q3 2019 in Review
90 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) for Q3 2019, worth a combined $207M — down 7.2% from $224M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NTG and 9 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 31 added.
The largest buyer was NFC Investments, adding an estimated $2.12M. The largest seller was Sit Investment Associates, cutting an estimated $2.16M.
- 90 institutional investors held Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) as of Q3 2019, down from 94 in Q2 2019.
- Funds reported $207M of Tortoise Midstream Energy Fund, Inc. Common Stock stock for Q3 2019, down 7.2% quarter-over-quarter.
- 9 funds opened new Tortoise Midstream Energy Fund, Inc. Common Stock positions in Q3 2019 and 13 closed out, a net change of -4 holders.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock buyer in Q3 2019 was NFC Investments, an estimated $2.12M added.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock seller in Q3 2019 was Sit Investment Associates, an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2019.