TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
36 hedge funds and large institutions have $44.5M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 7 closing their positions.
3% less funds holding
Funds holding: 37 → 36 (-1)
2.95% less ownership
Funds ownership: 26.82% → 23.87% (-3%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
62% less capital inflows, than outflows
Capital inflows: $2.92M | Capital outflows: $7.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Freestone Capital Holdings
Seattle,
Washington
|
+$449K |
| 2 |
Citigroup
New York
|
+$384K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$368K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
+$286K |
| 5 |
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
City of London Investment Management
London,
United Kingdom
|
-$3.17M |
| 2 |
Cannell Capital
Alta,
Wyoming
|
-$828K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$783K |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
-$579K |
| 5 |
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$413K |
TTP Hedge Fund Activity: Q2 2016 in Review
36 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2016, worth a combined $44.5M — up 12% from $39.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TTP and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 12 added.
The largest buyer was Freestone Capital Holdings, adding an estimated $449K. The largest seller was City of London Investment Management, cutting an estimated $3.17M.
- 36 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2016, down from 37 in Q1 2016.
- Funds reported $44.5M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2016, up 12% quarter-over-quarter.
- 6 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2016 was Freestone Capital Holdings, an estimated $449K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2016 was City of London Investment Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2016.