Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
NTG was delisted on the 20th of December, 2024.
55 hedge funds and large institutions have $65M invested in Tortoise Midstream Energy Fund, Inc. Common Stock in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 12 closing their positions.
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 55 → 55 (0)
9% less capital invested
Capital invested by funds: $71.7M → $65M (-$6.68M)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$722K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$530K |
| 3 |
MIM
Meixler Investment Management
Show Low,
Arizona
|
+$401K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$258K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$2.16M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.34M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$1.28M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$576K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$371K |
NTG Hedge Fund Activity: Q1 2023 in Review
55 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) for Q1 2023, worth a combined $65M — down 9.3% from $71.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NTG positions and 12 closed out — a net gain of 1 holder — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $722K. The largest seller was OTA Financial Group, exiting entirely with an estimated $2.16M sold.
- 55 institutional investors held Tortoise Midstream Energy Fund, Inc. Common Stock (NTG) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $65M of Tortoise Midstream Energy Fund, Inc. Common Stock stock for Q1 2023, down 9.3% quarter-over-quarter.
- 13 funds opened new Tortoise Midstream Energy Fund, Inc. Common Stock positions in Q1 2023 and 12 closed out, a net change of +1 holder.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock buyer in Q1 2023 was Zimmer Partners, an estimated $722K added.
- The largest Tortoise Midstream Energy Fund, Inc. Common Stock seller in Q1 2023 was OTA Financial Group, an estimated $2.16M sold.
Based on aggregated 13F filings for Q1 2023.