TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
33 hedge funds and large institutions have $51.9M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
17% more capital invested
Capital invested by funds: $44.5M → $51.9M (+$7.38M)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
8% less funds holding
Funds holding: 36 → 33 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.05M |
| 2 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
+$789K |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$596K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$211K |
| 5 |
Morgan Stanley
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$708K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$548K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$499K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$438K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$312K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $69K | -$2.44K | -31 | -4% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $64K | +$58.9K | +750 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $43K | – | – | – |
|
|
KLI
29
Kelman-Lazarov Inc
Memphis,
Tennessee
| $36.3K | – | – | – |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $21K | +$19.6K | +250 | New |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| $18K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | – | – | – |
|
|
WRM
33
Westport Resources Management
Westport,
Connecticut
| $7K | -$48.1K | -613 | -88% |
|
|
34
Citigroup
New York
| – | -$708K | -9,511 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$312K | -4,191 | Closed |
|
|
TC
36
TFS Capital
West Chester,
Pennsylvania
| – | -$264K | -3,544 | Closed |
|
37
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -125 | Closed |
|
|
TCM
38
TD Capital Management
Memphis,
Tennessee
| – | -$7K | -89 | Closed |
|
|
TRCT
39
Tower Research Capital (TRC)
New York
| – | -$3K | -36 | Closed |
|
TTP Hedge Fund Activity: Q3 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q3 2016, worth a combined $51.9M — up 17% from $44.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TTP and 3 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Advisors Asset Management, adding an estimated $2.05M. The largest seller was Citigroup, exiting entirely with an estimated $708K sold.
- 33 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q3 2016, down from 36 in Q2 2016.
- Funds reported $51.9M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q3 2016, up 17% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q3 2016 and 6 closed out, a net change of -3 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q3 2016 was Advisors Asset Management, an estimated $2.05M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q3 2016 was Citigroup, an estimated $708K sold.
Based on aggregated 13F filings for Q3 2016.