Tortoise North American Pipeline ETF
TPYP
121 hedge funds and large institutions have $524M invested in Tortoise North American Pipeline ETF in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 47 reducing their positions, and 21 closing their positions.
0.63% less ownership
Funds ownership: 74.86% → 74.24% (-0.63%)
7% less capital invested
Capital invested by funds: $561M → $524M (-$36.8M)
8% less funds holding
Funds holding: 132 → 121 (-11)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.84M |
| 2 |
Morgan Stanley
New York
|
+$2.18M |
| 3 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$1.52M |
| 4 |
AIP
ARS Investment Partners
New York
|
+$1.2M |
| 5 |
GS
GTS Securities
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16.9M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.12M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.36M |
| 4 |
BG
Bollard Group
Boston,
Massachusetts
|
-$2.48M |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$1.85M |
TPYP Hedge Fund Activity: Q2 2025 in Review
121 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q2 2025, worth a combined $524M — down 6.6% from $561M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TPYP and 12 opened new positions — a net loss of 9 holders — while 47 trimmed existing stakes and 37 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $2.84M. The largest seller was Bank of America, cutting an estimated $16.9M.
- 121 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q2 2025, down from 132 in Q1 2025.
- Funds reported $524M of Tortoise North American Pipeline ETF stock for Q2 2025, down 6.6% quarter-over-quarter.
- 12 funds opened new Tortoise North American Pipeline ETF positions in Q2 2025 and 21 closed out, a net change of -9 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q2 2025 was Flow Traders U.S., an estimated $2.84M added.
- The largest Tortoise North American Pipeline ETF seller in Q2 2025 was Bank of America, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2025.