Tortoise North American Pipeline ETF
TPYP
57 hedge funds and large institutions have $236M invested in Tortoise North American Pipeline ETF in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 10 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 10
0% more funds holding
Funds holding: 57 → 57 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
7.93% less ownership
Funds ownership: 76.67% → 68.74% (-7.9%)
11% less capital invested
Capital invested by funds: $267M → $236M (-$30.2M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.94M |
| 2 |
SHWM
Smith & Howard Wealth Management
Atlanta,
Georgia
|
+$1.41M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$941K |
| 4 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
+$920K |
| 5 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
+$890K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$13.5M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$12.7M |
| 3 |
CC
Callan Capital
La Jolla,
California
|
-$6.77M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.54M |
| 5 |
KA
Klingman & Associates
New York
|
-$1.97M |
TPYP Hedge Fund Activity: Q3 2019 in Review
57 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q3 2019, worth a combined $236M — down 11% from $267M a quarter earlier.
Fund positioning in TPYP was balanced in Q3 2019: 9 funds opened new positions, 9 closed out, 30 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.94M. The largest seller was Johnson Investment Counsel, exiting entirely with an estimated $13.5M sold.
- 57 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $236M of Tortoise North American Pipeline ETF stock for Q3 2019, down 11% quarter-over-quarter.
- 9 funds opened new Tortoise North American Pipeline ETF positions in Q3 2019 and 9 closed out, a net change of 0 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q3 2019 was Morgan Stanley, an estimated $1.94M added.
- The largest Tortoise North American Pipeline ETF seller in Q3 2019 was Johnson Investment Counsel, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2019.