Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
NTG was delisted on the 20th of December, 2024.
104 hedge funds and large institutions have $214M invested in Tortoise Midstream Energy Fund, Inc. Common Stock in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 36 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
5% more funds holding
Funds holding: 99 → 104 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.94% less ownership
Funds ownership: 35.54% → 27.6% (-7.9%)
17% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 36
29% less capital invested
Capital invested by funds: $300M → $214M (-$85.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
+$6.55M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.24M |
| 3 |
Morgan Stanley
New York
|
+$5.94M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.87M |
| 5 |
LF
Lee Financial
Dallas,
Texas
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$10.1M |
| 2 |
AIM
Allen Investment Management
New York
|
-$4.57M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.5M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$1.85M |
NTG Hedge Fund Activity: Q4 2018 in Review
104 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) for Q4 2018, worth a combined $214M — down 29% from $300M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NTG positions and 17 closed out — a net gain of 6 holders — while 30 added to existing stakes and 36 trimmed.
The largest buyer was Sageworth Trust, adding an estimated $6.55M. The largest seller was HITE Hedge Asset Management, cutting an estimated $10.1M.
- 104 institutional investors held Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) as of Q4 2018, up from 99 in Q3 2018.
- Funds reported $214M of Tortoise Midstream Energy Fund, Inc. Common Stock stock for Q4 2018, down 29% quarter-over-quarter.
- 23 funds opened new Tortoise Midstream Energy Fund, Inc. Common Stock positions in Q4 2018 and 17 closed out, a net change of +6 holders.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock buyer in Q4 2018 was Sageworth Trust, an estimated $6.55M added.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock seller in Q4 2018 was HITE Hedge Asset Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2018.