Tortoise North American Pipeline ETF
TPYP
60 hedge funds and large institutions have $210M invested in Tortoise North American Pipeline ETF in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
15% more capital invested
Capital invested by funds: $183M → $210M (+$27M)
3% more funds holding
Funds holding: 58 → 60 (+2)
10.25% less ownership
Funds ownership: 67.28% → 57.03% (-10%)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Magnus Financial Group
New York
|
+$8.65M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$4.94M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.92M |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
+$1.77M |
| 5 |
JP Morgan Chase
New York
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.7M |
| 2 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$3.55M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$2.06M |
| 4 |
HFS
Howard Financial Services
Dallas,
Texas
|
-$1.82M |
| 5 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
-$955K |
TPYP Hedge Fund Activity: Q4 2020 in Review
60 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tortoise North American Pipeline ETF (TPYP) for Q4 2020, worth a combined $210M — up 15% from $183M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TPYP positions and 9 closed out — a net gain of 3 holders — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Magnus Financial Group, opening a new position worth an estimated $8.65M. The largest seller was Morgan Stanley, cutting an estimated $16.7M.
- 60 institutional investors held Tortoise North American Pipeline ETF (TPYP) as of Q4 2020, up from 58 in Q3 2020.
- Funds reported $210M of Tortoise North American Pipeline ETF stock for Q4 2020, up 15% quarter-over-quarter.
- 12 funds opened new Tortoise North American Pipeline ETF positions in Q4 2020 and 9 closed out, a net change of +3 holders.
- The largest Tortoise North American Pipeline ETF buyer in Q4 2020 was Magnus Financial Group, an estimated $8.65M added.
- The largest Tortoise North American Pipeline ETF seller in Q4 2020 was Morgan Stanley, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2020.