Tortoise North American Pipeline ETF
TPYP
56 hedge funds and large institutions have $268M invested in Tortoise North American Pipeline ETF in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
37% more capital invested
Capital invested by funds: $195M → $268M (+$72.7M)
17% more funds holding
Funds holding: 48 → 56 (+8)
13.46% less ownership
Funds ownership: 91.07% → 77.61% (-13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$10.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.13M |
| 3 |
TSWM
Triangle Securities Wealth Management
Raleigh,
North Carolina
|
+$2.01M |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$1.99M |
| 5 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$12.1M |
| 2 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$3.41M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.28M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$795K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$646K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
51
Flagship Harbor Advisors
Boston,
Massachusetts
| $66K | +$27.5K | +1,200 | +75% |
|
52
UBS Group
Zurich,
Switzerland
| $43K | +$41.3K | +1,800 | New |
|
|
CCM
53
Covington Capital Management
Los Angeles,
California
| $20K | – | – | – |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $16K | +$16.8K | +731 | New |
|
55
Wells Fargo
San Francisco,
California
| $4K | +$3.74K | +163 | New |
|
|
SMFS
56
Squar Milner Financial Services
Irvine,
California
| $2K | +$2.13K | +93 | New |
|
|
FA
57
FDx Advisors
Chicago,
Illinois
| – | -$394K | -19,787 | Closed |
|
|
ESB
58
Essex Savings Bank
Essex,
Connecticut
| – | -$217K | -10,883 | Closed |
|
|
JWM
59
Janiczek Wealth Management
Denver,
Colorado
| – | -$90K | -4,502 | Closed |
|
|
TFA
60
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -17 | Closed |
|
TPYP Hedge Fund Activity: Q1 2019 in Review
56 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q1 2019, worth a combined $268M — up 37% from $195M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TPYP positions and 4 closed out — a net gain of 8 holders — while 24 added to existing stakes and 12 trimmed.
The largest buyer was Evensky & Katz, opening a new position worth an estimated $10.2M. The largest seller was Tortoise Capital Advisors, cutting an estimated $12.1M.
- 56 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q1 2019, up from 48 in Q4 2018.
- Funds reported $268M of Tortoise North American Pipeline ETF stock for Q1 2019, up 37% quarter-over-quarter.
- 12 funds opened new Tortoise North American Pipeline ETF positions in Q1 2019 and 4 closed out, a net change of +8 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q1 2019 was Evensky & Katz, an estimated $10.2M added.
- The largest Tortoise North American Pipeline ETF seller in Q1 2019 was Tortoise Capital Advisors, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2019.