TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
27 hedge funds and large institutions have $21.5M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
6% more capital invested
Capital invested by funds: $20.2M → $21.5M (+$1.26M)
4% less funds holding
Funds holding: 28 → 27 (-1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.32M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$908K |
| 3 |
Rockefeller Capital Management
New York
|
+$85.9K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
+$25.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$748K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$395K |
| 3 |
Morgan Stanley
New York
|
-$295K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$280K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$255K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $1K | -$1.74K | -75 | -50% |
|
|
MC
27
Matisse Capital
Portland,
Oregon
| – | -$280K | -11,721 | Closed |
|
|
28
Invesco
Atlanta,
Georgia
| – | -$255K | -10,640 | Closed |
|
29
Citigroup
New York
| – | -$8K | -314 | Closed |
|
TTP Hedge Fund Activity: Q3 2021 in Review
27 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q3 2021, worth a combined $21.5M — up 6.2% from $20.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TTP and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.32M. The largest seller was Punch & Associates Investment Management, cutting an estimated $748K.
- 27 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q3 2021, down from 28 in Q2 2021.
- Funds reported $21.5M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q3 2021, up 6.2% quarter-over-quarter.
- 2 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q3 2021 and 3 closed out, a net change of -1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q3 2021 was Rivernorth Capital Management, an estimated $2.32M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q3 2021 was Punch & Associates Investment Management, an estimated $748K sold.
Based on aggregated 13F filings for Q3 2021.