TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
31 hedge funds and large institutions have $29.2M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
19% more capital invested
Capital invested by funds: $24.5M → $29.2M (+$4.72M)
6% less funds holding
Funds holding: 33 → 31 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$543K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$443K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$175K |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$149K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$560K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$480K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$477K |
| 4 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$289K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $37K | -$44.7K | -750 | -55% |
|
|
OIA
27
OneDigital Investment Advisors
Overland Park,
Kansas
| $33K | +$15.8K | +265 | +94% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $27K | +$11.1K | +187 | +75% |
|
29
Citigroup
New York
| $17K | +$477 | +8 | +3% |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $15K | – | – | – |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | +$5.6K | +94 | +75% |
|
|
MIM
32
Miller Investment Management
West Conshohocken,
Pennsylvania
| – | -$289K | -5,818 | Closed |
|
|
TSS
33
Two Sigma Securities
New York
| – | -$256K | -5,156 | Closed |
|
|
RJFSA
34
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$146K | -2,945 | Closed |
|
|
WAM
35
Weiss Asset Management
Boston,
Massachusetts
| – | -$141K | -2,847 | Closed |
|
TTP Hedge Fund Activity: Q1 2019 in Review
31 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q1 2019, worth a combined $29.2M — up 19% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TTP and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Raymond James & Associates, adding an estimated $543K. The largest seller was HighTower Advisors, cutting an estimated $560K.
- 31 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q1 2019, down from 33 in Q4 2018.
- Funds reported $29.2M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q1 2019, up 19% quarter-over-quarter.
- 2 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q1 2019 and 4 closed out, a net change of -2 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q1 2019 was Raymond James & Associates, an estimated $543K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q1 2019 was HighTower Advisors, an estimated $560K sold.
Based on aggregated 13F filings for Q1 2019.