TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
25 hedge funds and large institutions have $23.5M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $23.6M → $23.5M (-$173K)
4% less funds holding
Funds holding: 26 → 25 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
79% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.04M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$270K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$243K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$26.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$4.09M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$661K |
| 3 |
BA
Bard Associates
Chicago,
Illinois
|
-$653K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$520K |
| 5 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LNC
26
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$4.09M | -163,302 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$32K | -1,275 | Closed |
|
|
SWM
28
Selective Wealth Management
Forest,
Virginia
| – | -$8K | -312 | Closed |
|
TTP Hedge Fund Activity: Q4 2022 in Review
25 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q4 2022, worth a combined $23.5M — down 0.73% from $23.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TTP and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 3 added.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $4.04M. The largest seller was Lincoln National Corp, exiting entirely with an estimated $4.09M sold.
- 25 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q4 2022, down from 26 in Q3 2022.
- Funds reported $23.5M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q4 2022, down 0.73% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q4 2022 was Commonwealth Equity Services, an estimated $4.04M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q4 2022 was Lincoln National Corp, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2022.