TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
28 hedge funds and large institutions have $62.2M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 27 → 28 (+1)
17% less capital invested
Capital invested by funds: $74.7M → $62.2M (-$12.5M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.35M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.27M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$741K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$597K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$572K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.91M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.15M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.38M |
| 4 |
Morgan Stanley
New York
|
-$1.15M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$986K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
26
BlackRock Advisors
Wilmington,
Delaware
| $20K | +$22.5K | +200 | New |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | – | – | – |
|
|
AIM
28
Arcadia Investment Management
Kalamazoo,
Michigan
| $8K | +$281K | +2,500 | New |
|
|
ECM
29
Estabrook Capital Management
New York
| $5.12K | – | – | – |
|
|
TC
30
TFS Capital
West Chester,
Pennsylvania
| – | -$551K | -4,832 | Closed |
|
31
Mariner
Overland Park,
Kansas
| – | -$204K | -1,788 | Closed |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$18K | -173 | Closed |
|
|
WEC
33
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$4.28K | -38 | Closed |
|
TTP Hedge Fund Activity: Q2 2015 in Review
28 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2015, worth a combined $62.2M — down 17% from $74.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TTP positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $2.35M. The largest seller was Advisors Asset Management, cutting an estimated $3.91M.
- 28 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2015, up from 27 in Q1 2015.
- Funds reported $62.2M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2015, down 17% quarter-over-quarter.
- 5 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2015 and 4 closed out, a net change of +1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2015 was City of London Investment Management, an estimated $2.35M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2015 was Advisors Asset Management, an estimated $3.91M sold.
Based on aggregated 13F filings for Q2 2015.