TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
35 hedge funds and large institutions have $58M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
12% more capital invested
Capital invested by funds: $51.9M → $58M (+$6.12M)
6% more funds holding
Funds holding: 33 → 35 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.99M |
| 3 |
Mariner
Overland Park,
Kansas
|
+$1.06M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$724K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.66M |
| 2 |
Morgan Stanley
New York
|
-$850K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$519K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$458K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$350K |
TTP Hedge Fund Activity: Q4 2016 in Review
35 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q4 2016, worth a combined $58M — up 12% from $51.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TTP positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.3M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.66M sold.
- 35 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q4 2016, up from 33 in Q3 2016.
- Funds reported $58M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q4 2016, up 12% quarter-over-quarter.
- 7 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q4 2016 and 4 closed out, a net change of +3 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q4 2016 was Advisors Asset Management, an estimated $2.3M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q4 2016 was City of London Investment Management, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2016.