TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
29 hedge funds and large institutions have $44.7M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 5 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 28 → 29 (+1)
28% less capital invested
Capital invested by funds: $62.2M → $44.7M (-$17.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.36M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.78M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$924K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$741K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.15M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.32M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$946K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$859K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$480K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $15K | +$18.8K | +210 | New |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | – | – | – |
|
|
ECM
28
Estabrook Capital Management
New York
| $3.59K | – | – | – |
|
29
Citigroup
New York
| $1K | +$1.25K | +14 | New |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.32M | -12,926 | Closed |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$326K | -3,181 | Closed |
|
|
AIM
32
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$8K | -2,500 | Closed |
|
33
Stifel Financial
St. Louis,
Missouri
| – | -$250K | -2,446 | Closed |
|
|
UR
34
USCA RIA
Houston,
Texas
| – | -$243K | -2,375 | Closed |
|
TTP Hedge Fund Activity: Q3 2015 in Review
29 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q3 2015, worth a combined $44.7M — down 28% from $62.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TTP positions and 5 closed out — a net gain of 1 holder — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $2.36M. The largest seller was UBS Group, cutting an estimated $2.15M.
- 29 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q3 2015, up from 28 in Q2 2015.
- Funds reported $44.7M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q3 2015, down 28% quarter-over-quarter.
- 6 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q3 2015 and 5 closed out, a net change of +1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q3 2015 was Bank of America, an estimated $2.36M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q3 2015 was UBS Group, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2015.