TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
27 hedge funds and large institutions have $17.8M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
8% more funds holding
Funds holding: 25 → 27 (+2)
24% less capital invested
Capital invested by funds: $23.5M → $17.8M (-$5.67M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$554K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$437K |
| 3 |
ZP
Zimmer Partners
New York
|
+$291K |
| 4 |
Rockefeller Capital Management
New York
|
+$50.3K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$44.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.53M |
| 2 |
BA
Bard Associates
Chicago,
Illinois
|
-$176K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$109K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$24.8K |
| 5 |
Morgan Stanley
New York
|
-$18.7K |
TTP Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q1 2023, worth a combined $17.8M — down 24% from $23.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TTP positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $554K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.53M sold.
- 27 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q1 2023, up from 25 in Q4 2022.
- Funds reported $17.8M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q1 2023, down 24% quarter-over-quarter.
- 4 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q1 2023 and 2 closed out, a net change of +2 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q1 2023 was Commonwealth Equity Services, an estimated $554K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q1 2023 was Sit Investment Associates, an estimated $1.53M sold.
Based on aggregated 13F filings for Q1 2023.