Tortoise North American Pipeline ETF
TPYP
59 hedge funds and large institutions have $235M invested in Tortoise North American Pipeline ETF in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 10 closing their positions.
32% more capital invested
Capital invested by funds: $178M → $235M (+$57.5M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6.51% more ownership
Funds ownership: 71% → 77.51% (+6.5%)
5% less funds holding
Funds holding: 62 → 59 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
+$46M |
| 2 |
ABTD
Arvest Bank Trust Division
Dewey,
Oklahoma
|
+$2.8M |
| 3 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$2.79M |
| 4 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$972K |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$813K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EK
Evensky & Katz
Coral Gables,
Florida
|
-$8.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.23M |
| 4 |
Morgan Stanley
New York
|
-$2.44M |
| 5 |
HFS
Howard Financial Services
Dallas,
Texas
|
-$2.42M |
TPYP Hedge Fund Activity: Q2 2020 in Review
59 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q2 2020, worth a combined $235M — up 32% from $178M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TPYP and 8 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 19 added.
The largest buyer was RGT Wealth Advisors, opening a new position worth an estimated $46M. The largest seller was Evensky & Katz, exiting entirely with an estimated $8.3M sold.
- 59 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q2 2020, down from 62 in Q1 2020.
- Funds reported $235M of Tortoise North American Pipeline ETF stock for Q2 2020, up 32% quarter-over-quarter.
- 8 funds opened new Tortoise North American Pipeline ETF positions in Q2 2020 and 10 closed out, a net change of -2 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q2 2020 was RGT Wealth Advisors, an estimated $46M added.
- The largest Tortoise North American Pipeline ETF seller in Q2 2020 was Evensky & Katz, an estimated $8.3M sold.
Based on aggregated 13F filings for Q2 2020.