Tortoise North American Pipeline ETF
TPYP
58 hedge funds and large institutions have $183M invested in Tortoise North American Pipeline ETF in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 8 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
2% less funds holding
Funds holding: 59 → 58 (-1)
10.23% less ownership
Funds ownership: 77.51% → 67.28% (-10%)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
22% less capital invested
Capital invested by funds: $235M → $183M (-$52.1M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Country Club Trust
Kansas City,
Missouri
|
+$4.41M |
| 2 |
Morgan Stanley
New York
|
+$2.77M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.63M |
| 4 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
+$1.87M |
| 5 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$28.3M |
| 2 |
OFG
Oxford Financial Group
Carmel,
Indiana
|
-$14.6M |
| 3 |
HFS
Howard Financial Services
Dallas,
Texas
|
-$2.16M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.14M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$1.13M |
TPYP Hedge Fund Activity: Q3 2020 in Review
58 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q3 2020, worth a combined $183M — down 22% from $235M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TPYP and 7 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 25 added.
The largest buyer was Country Club Trust, opening a new position worth an estimated $4.41M. The largest seller was Traphagen Investment Advisors, exiting entirely with an estimated $28.3M sold.
- 58 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q3 2020, down from 59 in Q2 2020.
- Funds reported $183M of Tortoise North American Pipeline ETF stock for Q3 2020, down 22% quarter-over-quarter.
- 7 funds opened new Tortoise North American Pipeline ETF positions in Q3 2020 and 8 closed out, a net change of -1 holder.
- The largest Tortoise North American Pipeline ETF buyer in Q3 2020 was Country Club Trust, an estimated $4.41M added.
- The largest Tortoise North American Pipeline ETF seller in Q3 2020 was Traphagen Investment Advisors, an estimated $28.3M sold.
Based on aggregated 13F filings for Q3 2020.