TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
33 hedge funds and large institutions have $44.4M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 2 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 32 → 33 (+1)
8% less capital invested
Capital invested by funds: $48.2M → $44.4M (-$3.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$1.57M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$780K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$453K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$451K |
| 5 |
Millennium Management
New York
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.52M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.26M |
| 3 |
Morgan Stanley
New York
|
-$1.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$579K |
| 5 |
JSL
JT Stratford LLC
Gainesville,
Georgia
|
-$469K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Liberty Capital Management
Birmingham,
Michigan
| $80K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $77K | +$2.67K | +37 | +4% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $21K | – | – | – |
|
|
OIA
29
OneDigital Investment Advisors
Overland Park,
Kansas
| $19K | +$433 | +6 | +2% |
|
30
Citigroup
New York
| $18K | +$433 | +6 | +3% |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | – | – | – |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2K | +$1.88K | +26 | New |
|
|
SIA
33
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$3.52M | -45,658 | Closed |
|
|
JSL
34
JT Stratford LLC
Gainesville,
Georgia
| – | -$469K | -6,088 | Closed |
|
TTP Hedge Fund Activity: Q4 2017 in Review
33 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q4 2017, worth a combined $44.4M — down 8% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TTP positions and 2 closed out — a net gain of 1 holder — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Lincoln National Corp, adding an estimated $1.57M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.52M sold.
- 33 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q4 2017, up from 32 in Q3 2017.
- Funds reported $44.4M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q4 2017, down 8% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q4 2017 and 2 closed out, a net change of +1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q4 2017 was Lincoln National Corp, an estimated $1.57M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q4 2017 was Sit Investment Associates, an estimated $3.52M sold.
Based on aggregated 13F filings for Q4 2017.