TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
30 hedge funds and large institutions have $28.3M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
15% more funds holding
Funds holding: 26 → 30 (+4)
4% more capital invested
Capital invested by funds: $27.2M → $28.3M (+$1.12M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$986K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$887K |
| 3 |
BS
Boenning & Scattergood
West Conshohocken,
Pennsylvania
|
+$481K |
| 4 |
Morgan Stanley
New York
|
+$452K |
| 5 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$693K |
| 2 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$645K |
| 3 |
OC
Oppenheimer & Co
New York
|
-$431K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$347K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$283K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $88K | +$50.4K | +1,020 | +146% |
|
|
FIA
27
FNY Investment Advisers
New York
| $79K | +$76K | +1,539 | New |
|
|
HIA
28
Harbor Investment Advisory
Lutherville,
Maryland
| $29K | +$27.4K | +554 | New |
|
29
Citigroup
New York
| $15K | +$346 | +7 | +2% |
|
|
AWM
30
Avior Wealth Management
Omaha,
Nebraska
| $5K | – | – | – |
|
|
31
Mariner
Overland Park,
Kansas
| – | -$693K | -13,061 | Closed |
|
|
OC
32
Oppenheimer & Co
New York
| – | -$431K | -8,137 | Closed |
|
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$283K | -5,336 | Closed |
|
34
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$186K | -3,500 | Closed |
|
|
PMFA
35
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$13K | -250 | Closed |
|
TTP Hedge Fund Activity: Q4 2019 in Review
30 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q4 2019, worth a combined $28.3M — up 4.1% from $27.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TTP positions and 5 closed out — a net gain of 4 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $986K. The largest seller was Mariner, exiting entirely with an estimated $693K sold.
- 30 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q4 2019, up from 26 in Q3 2019.
- Funds reported $28.3M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q4 2019, up 4.1% quarter-over-quarter.
- 9 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q4 2019 and 5 closed out, a net change of +4 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q4 2019 was Wells Fargo, an estimated $986K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q4 2019 was Mariner, an estimated $693K sold.
Based on aggregated 13F filings for Q4 2019.