Tortoise North American Pipeline ETF
TPYP
96 hedge funds and large institutions have $379M invested in Tortoise North American Pipeline ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 41 increasing their positions, 30 reducing their positions, and 9 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 30
6.36% more ownership
Funds ownership: 67.79% → 74.16% (+6.4%)
3% less capital invested
Capital invested by funds: $390M → $379M (-$11.5M)
2% less funds holding
Funds holding: 98 → 96 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4M |
| 2 |
Morgan Stanley
New York
|
+$1.54M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.42M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.03M |
| 5 |
AT
Arvest Trust
Bartlesville,
Oklahoma
|
+$847K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$3.74M |
| 2 |
JP Morgan Chase
New York
|
-$1.36M |
| 3 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$1.29M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$1.27M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
101
NewEdge Advisors
New Orleans,
Louisiana
| – | -$66.1K | -2,678 | Closed |
|
|
TWA
102
Tandem Wealth Advisors
Phoenix,
Arizona
| – | -$17.2K | -696 | Closed |
|
|
DWP
103
Destiny Wealth Partners
Tavares,
Florida
| – | -$15.2K | -617 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7.43K | -301 | Closed |
|
|
FIA
105
FNY Investment Advisers
New York
| – | -$1K | -50 | Closed |
|
|
FFA
106
Farther Finance Advisors
San Francisco,
California
| – | -$321 | -13 | Closed |
|
TPYP Hedge Fund Activity: Q1 2023 in Review
96 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q1 2023, worth a combined $379M — down 2.9% from $390M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TPYP and 8 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 41 added.
The largest buyer was Bank of America, adding an estimated $4M. The largest seller was HBK Sorce Advisory, cutting an estimated $3.74M.
- 96 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q1 2023, down from 98 in Q4 2022.
- Funds reported $379M of Tortoise North American Pipeline ETF stock for Q1 2023, down 2.9% quarter-over-quarter.
- 8 funds opened new Tortoise North American Pipeline ETF positions in Q1 2023 and 9 closed out, a net change of -1 holder.
- The largest Tortoise North American Pipeline ETF buyer in Q1 2023 was Bank of America, an estimated $4M added.
- The largest Tortoise North American Pipeline ETF seller in Q1 2023 was HBK Sorce Advisory, an estimated $3.74M sold.
Based on aggregated 13F filings for Q1 2023.