Tortoise North American Pipeline ETF
TPYP
91 hedge funds and large institutions have $348M invested in Tortoise North American Pipeline ETF in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 40 reducing their positions, and 11 closing their positions.
2.87% less ownership
Funds ownership: 74.16% → 71.29% (-2.9%)
5% less funds holding
Funds holding: 96 → 91 (-5)
8% less capital invested
Capital invested by funds: $379M → $348M (-$30.7M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
20% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 40
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AlphaCore Capital
La Jolla,
California
|
+$1.28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$826K |
| 3 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$552K |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$457K |
| 5 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BB
Busey Bank
Urbana,
Illinois
|
-$30M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.44M |
| 3 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$2.06M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.93M |
| 5 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$1.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
101
Chilton Capital Management
Houston,
Texas
| – | -$72K | -2,960 | Closed |
|
|
AWM
102
Accel Wealth Management
Waverly,
Iowa
| – | -$5.11K | -210 | Closed |
|
103
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -76 | Closed |
|
TPYP Hedge Fund Activity: Q2 2023 in Review
91 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q2 2023, worth a combined $348M — down 8.1% from $379M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TPYP and 6 opened new positions — a net loss of 5 holders — while 40 trimmed existing stakes and 32 added.
The largest buyer was AlphaCore Capital, opening a new position worth an estimated $1.28M. The largest seller was Busey Bank, cutting an estimated $30M.
- 91 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q2 2023, down from 96 in Q1 2023.
- Funds reported $348M of Tortoise North American Pipeline ETF stock for Q2 2023, down 8.1% quarter-over-quarter.
- 6 funds opened new Tortoise North American Pipeline ETF positions in Q2 2023 and 11 closed out, a net change of -5 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q2 2023 was AlphaCore Capital, an estimated $1.28M added.
- The largest Tortoise North American Pipeline ETF seller in Q2 2023 was Busey Bank, an estimated $30M sold.
Based on aggregated 13F filings for Q2 2023.