Tortoise North American Pipeline ETF
TPYP
13 hedge funds and large institutions have $16.5M invested in Tortoise North American Pipeline ETF in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
193% more capital invested
Capital invested by funds: $5.61M → $16.5M (+$10.8M)
63% more funds holding
Funds holding: 8 → 13 (+5)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
15.59% more ownership
Funds ownership: 15.26% → 30.86% (+16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.38M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$3.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.46M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$669K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$718K |
| 2 |
Jane Street
New York
|
-$223K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$32.8K |
TPYP Hedge Fund Activity: Q4 2016 in Review
13 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q4 2016, worth a combined $16.5M — up 193% from $5.61M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TPYP positions and 1 closed out — a net gain of 6 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Royal Bank of Canada, opening a new position worth an estimated $4.38M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $718K sold.
- 13 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q4 2016, up from 8 in Q3 2016.
- Funds reported $16.5M of Tortoise North American Pipeline ETF stock for Q4 2016, up 193% quarter-over-quarter.
- 7 funds opened new Tortoise North American Pipeline ETF positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q4 2016 was Royal Bank of Canada, an estimated $4.38M added.
- The largest Tortoise North American Pipeline ETF seller in Q4 2016 was Virtu KCG Holdings, an estimated $718K sold.
Based on aggregated 13F filings for Q4 2016.