TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
23 hedge funds and large institutions have $6.6M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 11 closing their positions.
30% more capital invested
Capital invested by funds: $5.06M → $6.6M (+$1.54M)
18% less funds holding
Funds holding: 28 → 23 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$821K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$421K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
+$330K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$168K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$290K |
| 2 |
CA
Claro Advisors
Boston,
Massachusetts
|
-$246K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$229K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$172K |
| 5 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
26
Curi RMB Capital
Chicago,
Illinois
| – | -$87K | -8,237 | Closed |
|
|
CNB
27
Camden National Bank
Camden,
Maine
| – | -$54K | -5,081 | Closed |
|
28
Stifel Financial
St. Louis,
Missouri
| – | -$53K | -4,954 | Closed |
|
|
LCM
29
Landscape Capital Management
Englewood,
New Jersey
| – | -$46K | -4,310 | Closed |
|
|
CFIA
30
Cantor Fitzgerald Investment Advisors
New York
| – | -$42K | -4,000 | Closed |
|
|
AWCI
31
Alpine Woods Capital Investors
Purchase,
New York
| – | -$40K | -3,750 | Closed |
|
|
IFG
32
Independent Financial Group
San Diego,
California
| – | -$35.8K | -3,375 | Closed |
|
|
CA
33
Claro Advisors
Boston,
Massachusetts
| – | -$246K | -1,653 | Closed |
|
|
FIA
34
FNY Investment Advisers
New York
| – | +$15 | +1 | New |
|
TTP Hedge Fund Activity: Q2 2020 in Review
23 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2020, worth a combined $6.6M — up 30% from $5.06M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TTP and 6 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $821K. The largest seller was First Trust Advisors, exiting entirely with an estimated $290K sold.
- 23 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2020, down from 28 in Q1 2020.
- Funds reported $6.6M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2020, up 30% quarter-over-quarter.
- 6 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2020 and 11 closed out, a net change of -5 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2020 was Punch & Associates Investment Management, an estimated $821K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2020 was First Trust Advisors, an estimated $290K sold.
Based on aggregated 13F filings for Q2 2020.