TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
26 hedge funds and large institutions have $23.6M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $24M → $23.6M (-$391K)
10% less funds holding
Funds holding: 29 → 26 (-3)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.27M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.25M |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$123K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
+$75.6K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$30.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.71M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$200K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$130K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$78.7K |
| 5 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$72.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
26
Private Advisor Group
Morristown,
New Jersey
| – | -$200K | -8,050 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$30K | -1,200 | Closed |
|
|
AC
28
Almitas Capital
Santa Monica,
California
| – | -$5K | -200 | Closed |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -75 | Closed |
|
30
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -31 | Closed |
|
31
Fidelity Investments
Boston,
Massachusetts
| – | +$28 | +1 | New |
|
TTP Hedge Fund Activity: Q3 2022 in Review
26 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q3 2022, worth a combined $23.6M — down 1.6% from $24M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TTP and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $2.27M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.71M.
- 26 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q3 2022, down from 29 in Q2 2022.
- Funds reported $23.6M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q3 2022, down 1.6% quarter-over-quarter.
- 2 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q3 2022 and 5 closed out, a net change of -3 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q3 2022 was Sit Investment Associates, an estimated $2.27M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q3 2022 was Rivernorth Capital Management, an estimated $3.71M sold.
Based on aggregated 13F filings for Q3 2022.