Tortoise North American Pipeline ETF
TPYP
62 hedge funds and large institutions have $178M invested in Tortoise North American Pipeline ETF in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 15 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
0.28% less ownership
Funds ownership: 71.28% → 71% (-0.28%)
14% less funds holding
Funds holding: 72 → 62 (-10)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
49% less capital invested
Capital invested by funds: $346M → $178M (-$168M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$13.5M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$10M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.51M |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$5.88M |
| 5 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Klingman & Associates
New York
|
-$25.3M |
| 2 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$24.2M |
| 3 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
-$9.77M |
| 4 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$5.4M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$4.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Chevy Chase Trust
Bethesda,
Maryland
| – | -$68K | -2,876 | Closed |
|
|
ACM
77
Anfield Capital Management
Irvine,
California
| – | -$8K | -335 | Closed |
|
TPYP Hedge Fund Activity: Q1 2020 in Review
62 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q1 2020, worth a combined $178M — down 49% from $346M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TPYP and 8 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 28 added.
The largest buyer was Traphagen Investment Advisors, adding an estimated $13.5M. The largest seller was Klingman & Associates, exiting entirely with an estimated $25.3M sold.
- 62 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q1 2020, down from 72 in Q4 2019.
- Funds reported $178M of Tortoise North American Pipeline ETF stock for Q1 2020, down 49% quarter-over-quarter.
- 8 funds opened new Tortoise North American Pipeline ETF positions in Q1 2020 and 15 closed out, a net change of -7 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q1 2020 was Traphagen Investment Advisors, an estimated $13.5M added.
- The largest Tortoise North American Pipeline ETF seller in Q1 2020 was Klingman & Associates, an estimated $25.3M sold.
Based on aggregated 13F filings for Q1 2020.