TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
28 hedge funds and large institutions have $5.06M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 7 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
7% less funds holding
Funds holding: 30 → 28 (-2)
82% less capital invested
Capital invested by funds: $28.3M → $5.06M (-$23.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.04M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$374K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$322K |
| 4 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$280K |
| 5 |
LC
Lindbrook Capital
Calabasas,
California
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$4.14M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.59M |
| 3 |
Morgan Stanley
New York
|
-$551K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$520K |
| 5 |
BS
Boenning & Scattergood
West Conshohocken,
Pennsylvania
|
-$502K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIA
26
Harbor Investment Advisory
Lutherville,
Maryland
| $6K | – | – | – |
|
27
Citigroup
New York
| $3K | +$274 | +7 | +2% |
|
|
AWM
28
Avior Wealth Management
Omaha,
Nebraska
| $1K | – | – | – |
|
|
KACA
29
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$4.14M | -80,350 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.59M | -50,359 | Closed |
|
|
CA
31
Cornerstone Advisors
Asheville,
North Carolina
| – | -$520K | -10,104 | Closed |
|
|
BS
32
Boenning & Scattergood
West Conshohocken,
Pennsylvania
| – | -$502K | -9,750 | Closed |
|
|
MIM
33
Miller Investment Management
West Conshohocken,
Pennsylvania
| – | -$426K | -8,278 | Closed |
|
34
HighTower Advisors
Chicago,
Illinois
| – | -$259K | -5,043 | Closed |
|
|
FIA
35
FNY Investment Advisers
New York
| – | -$79K | -1,539 | Closed |
|
TTP Hedge Fund Activity: Q1 2020 in Review
28 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q1 2020, worth a combined $5.06M — down 82% from $28.3M a quarter earlier.
Fund positioning in TTP was balanced in Q1 2020: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 5 trimmed.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $2.04M. The largest seller was Kayne Anderson Capital Advisors, exiting entirely with an estimated $4.14M sold.
- 28 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q1 2020, down from 30 in Q4 2019.
- Funds reported $5.06M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q1 2020, down 82% quarter-over-quarter.
- 7 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q1 2020 and 7 closed out, a net change of 0 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q1 2020 was Punch & Associates Investment Management, an estimated $2.04M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q1 2020 was Kayne Anderson Capital Advisors, an estimated $4.14M sold.
Based on aggregated 13F filings for Q1 2020.