TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
29 hedge funds and large institutions have $25.8M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $25.1M → $25.8M (+$691K)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
9% less funds holding
Funds holding: 32 → 29 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.09M |
| 2 |
SCM
Saba Capital Management
New York
|
+$729K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$589K |
| 4 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$270K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGA
Battery Global Advisors
Boston,
Massachusetts
|
-$1.48M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.26M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.05M |
| 4 |
SOA
Sea Otter Advisors
Miami,
Florida
|
-$750K |
| 5 |
QL
Quarry LP
New York
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Comerica Bank
Dallas,
Texas
| $10.8K | – | – | – |
|
|
LWCFA
27
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $7.2K | – | – | – |
|
|
AWM
28
Avior Wealth Management
Omaha,
Nebraska
| $3.19K | – | – | – |
|
|
QCG
29
Quadrant Capital Group
Cincinnati,
Ohio
| $2.25K | – | – | – |
|
|
BGA
30
Battery Global Advisors
Boston,
Massachusetts
| – | -$1.48M | -56,463 | Closed |
|
|
CCP
31
Clough Capital Partners
Boston,
Massachusetts
| – | -$1.05M | -37,300 | Closed |
|
|
SOA
32
Sea Otter Advisors
Miami,
Florida
| – | -$750K | -26,696 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$231K | -8,214 | Closed |
|
|
CAM
34
Creekmur Asset Management
Morton,
Illinois
| – | -$6.13K | -218 | Closed |
|
TTP Hedge Fund Activity: Q1 2024 in Review
29 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q1 2024, worth a combined $25.8M — up 2.8% from $25.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TTP and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Almitas Capital, adding an estimated $1.09M. The largest seller was Battery Global Advisors, exiting entirely with an estimated $1.48M sold.
- 29 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q1 2024, down from 32 in Q4 2023.
- Funds reported $25.8M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q1 2024, up 2.8% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q1 2024 and 5 closed out, a net change of -2 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q1 2024 was Almitas Capital, an estimated $1.09M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q1 2024 was Battery Global Advisors, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2024.