Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
NTG was delisted on the 20th of December, 2024.
55 hedge funds and large institutions have $22.2M invested in Tortoise Midstream Energy Fund, Inc. Common Stock in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 43 closing their positions.
75% more capital invested
Capital invested by funds: $12.7M → $22.2M (+$9.49M)
3.24% less ownership
Funds ownership: 23.53% → 20.3% (-3.2%)
35% less funds holding
Funds holding: 84 → 55 (-29)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
67% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.63M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
+$1.31M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1M |
| 4 |
Walleye Capital
New York
|
+$553K |
| 5 |
AC
Aristides Capital
Louisville,
Kentucky
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$1.27M |
| 2 |
Morgan Stanley
New York
|
-$1.12M |
| 3 |
NI
NFC Investments
Memphis,
Tennessee
|
-$414K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$392K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$354K |
NTG Hedge Fund Activity: Q2 2020 in Review
55 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) for Q2 2020, worth a combined $22.2M — up 75% from $12.7M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of NTG and 14 opened new positions — a net loss of 29 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was City of London Investment Management, adding an estimated $1.63M. The largest seller was Cornerstone Advisory, exiting entirely with an estimated $1.27M sold.
- 55 institutional investors held Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) as of Q2 2020, down from 84 in Q1 2020.
- Funds reported $22.2M of Tortoise Midstream Energy Fund, Inc. Common Stock stock for Q2 2020, up 75% quarter-over-quarter.
- 14 funds opened new Tortoise Midstream Energy Fund, Inc. Common Stock positions in Q2 2020 and 43 closed out, a net change of -29 holders.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock buyer in Q2 2020 was City of London Investment Management, an estimated $1.63M added.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock seller in Q2 2020 was Cornerstone Advisory, an estimated $1.27M sold.
Based on aggregated 13F filings for Q2 2020.