TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
29 hedge funds and large institutions have $24M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
0% more funds holding
Funds holding: 29 → 29 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
10% less capital invested
Capital invested by funds: $26.8M → $24M (-$2.76M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.44M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$679K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$286K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$170K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.19M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$365K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$361K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$345K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
Avior Wealth Management
Omaha,
Nebraska
| $2K | – | – | – |
|
|
QCG
27
Quadrant Capital Group
Cincinnati,
Ohio
| $2K | – | – | – |
|
28
Bessemer Group
Woodbridge,
New Jersey
| $1K | -$485 | -17 | -35% |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $1K | – | – | – |
|
|
CCP
30
Clough Capital Partners
Boston,
Massachusetts
| – | -$365K | -12,441 | Closed |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$345K | -11,773 | Closed |
|
TTP Hedge Fund Activity: Q2 2022 in Review
29 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2022, worth a combined $24M — down 10% from $26.8M a quarter earlier.
Fund positioning in TTP was balanced in Q2 2022: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 5 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.44M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.19M.
- 29 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $24M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2022, down 10% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2022 and 3 closed out, a net change of 0 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2022 was Saba Capital Management, an estimated $2.44M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2022 was Rivernorth Capital Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2022.