TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
31 hedge funds and large institutions have $16.8M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
14% more capital invested
Capital invested by funds: $14.8M → $16.8M (+$2.02M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
11% less funds holding
Funds holding: 35 → 31 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$376K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$127K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$93.5K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$53.1K |
| 5 |
BA
Bard Associates
Chicago,
Illinois
|
+$49.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$340K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$314K |
| 3 |
QC
Quantedge Capital
Singapore
|
-$186K |
| 4 |
LC
Lindbrook Capital
Calabasas,
California
|
-$80.8K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$80.3K |
TTP Hedge Fund Activity: Q1 2021 in Review
31 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q1 2021, worth a combined $16.8M — up 14% from $14.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TTP and 2 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $376K. The largest seller was OTA Financial Group, cutting an estimated $340K.
- 31 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q1 2021, down from 35 in Q4 2020.
- Funds reported $16.8M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q1 2021, up 14% quarter-over-quarter.
- 2 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q1 2021 and 5 closed out, a net change of -3 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q1 2021 was Wolverine Asset Management, an estimated $376K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q1 2021 was OTA Financial Group, an estimated $340K sold.
Based on aggregated 13F filings for Q1 2021.