TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
28 hedge funds and large institutions have $20.2M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 6 closing their positions.
20% more capital invested
Capital invested by funds: $16.8M → $20.2M (+$3.42M)
10% less funds holding
Funds holding: 31 → 28 (-3)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.01M |
| 2 |
BA
Bard Associates
Chicago,
Illinois
|
+$362K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$333K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$186K |
| 5 |
Rockefeller Capital Management
New York
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$408K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$399K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
-$204K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$155K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
AWM
27
Avior Wealth Management
Omaha,
Nebraska
| $2K | – | – | – |
|
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$399K | -19,502 | Closed |
|
|
6M
29
6 Meridian
Wichita,
Kansas
| – | -$204K | -9,945 | Closed |
|
|
SPIA
30
Steward Partners Investment Advisory
New York
| – | -$44.5K | -2,171 | Closed |
|
|
IAIM
31
International Assets Investment Management
Orlando,
Florida
| – | -$13K | -678 | Closed |
|
|
FIA
32
FNY Investment Advisers
New York
| – | -$3.57K | -159 | -99% |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2K | -89 | Closed |
|
|
HI
34
Harbour Investments
Madison,
Wisconsin
| – | -$1K | -25 | Closed |
|
TTP Hedge Fund Activity: Q2 2021 in Review
28 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2021, worth a combined $20.2M — up 20% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TTP and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.01M. The largest seller was Wells Fargo, cutting an estimated $408K.
- 28 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2021, down from 31 in Q1 2021.
- Funds reported $20.2M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2021, up 20% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2021 and 6 closed out, a net change of -3 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2021 was Rivernorth Capital Management, an estimated $1.01M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2021 was Wells Fargo, an estimated $408K sold.
Based on aggregated 13F filings for Q2 2021.