TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
32 hedge funds and large institutions have $25.1M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more funds holding
Funds holding: 29 → 32 (+3)
1% less capital invested
Capital invested by funds: $25.3M → $25.1M (-$144K)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.18M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.03M |
| 3 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$670K |
| 4 |
Morgan Stanley
New York
|
+$535K |
| 5 |
QL
Quarry LP
New York
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.59M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.43M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$530K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
-$484K |
| 5 |
SCM
Saba Capital Management
New York
|
-$462K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIA
26
Harbor Investment Advisory
Lutherville,
Maryland
| $15.5K | – | – | – |
|
27
Comerica Bank
Dallas,
Texas
| $9.64K | -$40.3K | -1,455 | -81% |
|
|
LWCFA
28
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $6.48K | – | – | – |
|
|
CAM
29
Creekmur Asset Management
Morton,
Illinois
| $6.13K | +$6.04K | +218 | New |
|
|
AWM
30
Avior Wealth Management
Omaha,
Nebraska
| $2.84K | -$277 | -10 | -9% |
|
|
QCG
31
Quadrant Capital Group
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
BBPWM
32
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $225 | +$222 | +8 | New |
|
|
SIA
33
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$3.59M | -128,234 | Closed |
|
|
RCM
34
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$530K | -18,863 | Closed |
|
|
CL
35
CSS LLC
Chicago,
Illinois
| – | -$268K | -9,578 | Closed |
|
36
JP Morgan Chase
New York
| – | -$15.9K | -567 | Closed |
|
|
CCP
37
Carmel Capital Partners
San Diego,
California
| – | -$336 | -12 | Closed |
|
TTP Hedge Fund Activity: Q4 2023 in Review
32 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q4 2023, worth a combined $25.1M — down 0.57% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TTP positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Almitas Capital, opening a new position worth an estimated $2.18M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.59M sold.
- 32 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q4 2023, up from 29 in Q3 2023.
- Funds reported $25.1M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q4 2023, down 0.57% quarter-over-quarter.
- 8 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q4 2023 and 5 closed out, a net change of +3 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q4 2023 was Almitas Capital, an estimated $2.18M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q4 2023 was Sit Investment Associates, an estimated $3.59M sold.
Based on aggregated 13F filings for Q4 2023.