Tortoise North American Pipeline ETF
TPYP
103 hedge funds and large institutions have $392M invested in Tortoise North American Pipeline ETF in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 41 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $336M → $392M (+$55.9M)
11% more funds holding
Funds holding: 93 → 103 (+10)
3.23% more ownership
Funds ownership: 70.13% → 73.36% (+3.2%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
37% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.71M |
| 3 |
Cerity Partners
New York
|
+$6.43M |
| 4 |
KMWM
Keudell/Morrison Wealth Management
Salem,
Oregon
|
+$2.79M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$9.38M |
| 2 |
BB
Busey Bank
Urbana,
Illinois
|
-$8.33M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.94M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$834K |
| 5 |
AT
Arvest Trust
Bartlesville,
Oklahoma
|
-$808K |
TPYP Hedge Fund Activity: Q4 2023 in Review
103 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q4 2023, worth a combined $392M — up 17% from $336M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TPYP positions and 4 closed out — a net gain of 11 holders — while 26 added to existing stakes and 41 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.1M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $9.38M.
- 103 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q4 2023, up from 93 in Q3 2023.
- Funds reported $392M of Tortoise North American Pipeline ETF stock for Q4 2023, up 17% quarter-over-quarter.
- 15 funds opened new Tortoise North American Pipeline ETF positions in Q4 2023 and 4 closed out, a net change of +11 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q4 2023 was Morgan Stanley, an estimated $19.1M added.
- The largest Tortoise North American Pipeline ETF seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $9.38M sold.
Based on aggregated 13F filings for Q4 2023.