TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
28 hedge funds and large institutions have $28.9M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
12% more capital invested
Capital invested by funds: $25.8M → $28.9M (+$3.07M)
3% less funds holding
Funds holding: 29 → 28 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.75M |
| 2 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$351K |
| 3 |
Rockefeller Capital Management
New York
|
+$263K |
| 4 |
Morgan Stanley
New York
|
+$210K |
| 5 |
SCM
Saba Capital Management
New York
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.47M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$442K |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$290K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$263K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$257K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
Avior Wealth Management
Omaha,
Nebraska
| $3.65K | – | – | – |
|
|
QCG
27
Quadrant Capital Group
Cincinnati,
Ohio
| $2.57K | – | – | – |
|
28
Fidelity Investments
Boston,
Massachusetts
| $36 | +$33 | +1 | New |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.47M | -46,470 | Closed |
|
|
AIA
30
Absolute Investment Advisers
Rosemary Beach,
Florida
| – | -$290K | -9,186 | Closed |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$263K | -8,315 | Closed |
|
|
MC
32
Matisse Capital
Portland,
Oregon
| – | -$245K | -7,753 | Closed |
|
|
QL
33
Quarry LP
New York
| – | -$197K | -6,215 | Closed |
|
34
Comerica Bank
Dallas,
Texas
| – | -$10.8K | -343 | Closed |
|
TTP Hedge Fund Activity: Q2 2024 in Review
28 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2024, worth a combined $28.9M — up 12% from $25.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TTP and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $1.75M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.47M sold.
- 28 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2024, down from 29 in Q1 2024.
- Funds reported $28.9M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2024, up 12% quarter-over-quarter.
- 5 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2024 and 6 closed out, a net change of -1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2024 was Thomas J. Herzfeld Advisors, an estimated $1.75M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2024 was Wolverine Asset Management, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2024.