TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
33 hedge funds and large institutions have $37.4M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
14% more funds holding
Funds holding: 29 → 33 (+4)
16% less capital invested
Capital invested by funds: $44.7M → $37.4M (-$7.28M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.56M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.57M |
| 3 |
Mariner
Overland Park,
Kansas
|
+$820K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$728K |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
+$683K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.86M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.59M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.08M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$965K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$958K |
TTP Hedge Fund Activity: Q4 2015 in Review
33 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q4 2015, worth a combined $37.4M — down 16% from $44.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TTP positions and 7 closed out — a net gain of 4 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $2.56M. The largest seller was Bank of America, cutting an estimated $1.86M.
- 33 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q4 2015, up from 29 in Q3 2015.
- Funds reported $37.4M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q4 2015, down 16% quarter-over-quarter.
- 11 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q4 2015 and 7 closed out, a net change of +4 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q4 2015 was City of London Investment Management, an estimated $2.56M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q4 2015 was Bank of America, an estimated $1.86M sold.
Based on aggregated 13F filings for Q4 2015.