TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
32 hedge funds and large institutions have $48.2M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
6% less funds holding
Funds holding: 34 → 32 (-2)
12% less capital invested
Capital invested by funds: $54.7M → $48.2M (-$6.49M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$813K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$457K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$326K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$302K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$62.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.82M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.44M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$930K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$551K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$495K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $58K | +$1.14K | +15 | +2% |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $22K | – | – | – |
|
|
OIA
28
OneDigital Investment Advisors
Overland Park,
Kansas
| $19K | +$19K | +250 | New |
|
29
Citigroup
New York
| $18K | +$17.8K | +234 | New |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | – | – | – |
|
|
RCM
31
RB Capital Management
Reno,
Nevada
| $262 | +$29.6K | +390 | +13% |
|
|
32
First Trust Advisors
Wheaton,
Illinois
| – | -$1.44M | -18,569 | Closed |
|
|
CI
33
Cavalier Investments
Alpharetta,
Georgia
| – | -$489K | -6,294 | Closed |
|
34
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$209K | -2,693 | Closed |
|
|
DADC
35
D.A. Davidson & Co
Great Falls,
Montana
| – | -$13K | -175 | Closed |
|
36
US Bancorp
Minneapolis,
Minnesota
| – | +$456 | +6 | New |
|
TTP Hedge Fund Activity: Q3 2017 in Review
32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q3 2017, worth a combined $48.2M — down 12% from $54.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TTP and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 11 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $813K. The largest seller was UBS Group, cutting an estimated $1.82M.
- 32 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q3 2017, down from 34 in Q2 2017.
- Funds reported $48.2M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q3 2017, down 12% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q3 2017 was Thomas J. Herzfeld Advisors, an estimated $813K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q3 2017 was UBS Group, an estimated $1.82M sold.
Based on aggregated 13F filings for Q3 2017.