Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
NTG was delisted on the 20th of December, 2024.
102 hedge funds and large institutions have $174M invested in Tortoise Midstream Energy Fund, Inc. Common Stock in 2019 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 28 increasing their positions, 38 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
13% more funds holding
Funds holding: 90 → 102 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less capital invested
Capital invested by funds: $207M → $174M (-$33.4M)
26% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$16.3M |
| 2 |
AIM
Allen Investment Management
New York
|
+$3.93M |
| 3 |
NI
NFC Investments
Memphis,
Tennessee
|
+$2.37M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.3M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.6M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$7.65M |
| 3 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
-$6.54M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$6.53M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.12M |
NTG Hedge Fund Activity: Q4 2019 in Review
102 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) for Q4 2019, worth a combined $174M — down 16% from $207M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NTG positions and 11 closed out — a net gain of 13 holders — while 28 added to existing stakes and 38 trimmed.
The largest buyer was Cornerstone Advisory, opening a new position worth an estimated $16.3M. The largest seller was Morgan Stanley, cutting an estimated $8.6M.
- 102 institutional investors held Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) as of Q4 2019, up from 90 in Q3 2019.
- Funds reported $174M of Tortoise Midstream Energy Fund, Inc. Common Stock stock for Q4 2019, down 16% quarter-over-quarter.
- 24 funds opened new Tortoise Midstream Energy Fund, Inc. Common Stock positions in Q4 2019 and 11 closed out, a net change of +13 holders.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock buyer in Q4 2019 was Cornerstone Advisory, an estimated $16.3M added.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock seller in Q4 2019 was Morgan Stanley, an estimated $8.6M sold.
Based on aggregated 13F filings for Q4 2019.