TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
28 hedge funds and large institutions have $23.9M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
34% more capital invested
Capital invested by funds: $17.8M → $23.9M (+$6.06M)
4% more funds holding
Funds holding: 27 → 28 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$391K |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$151K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$137K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$102K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$363K |
| 2 |
SCM
Saba Capital Management
New York
|
-$170K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$43.4K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$38.4K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$32.7K |
TTP Hedge Fund Activity: Q2 2023 in Review
28 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q2 2023, worth a combined $23.9M — up 34% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TTP positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $391K. The largest seller was Wolverine Asset Management, cutting an estimated $363K.
- 28 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q2 2023, up from 27 in Q1 2023.
- Funds reported $23.9M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q2 2023, up 34% quarter-over-quarter.
- 3 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q2 2023 was Sit Investment Associates, an estimated $391K added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q2 2023 was Wolverine Asset Management, an estimated $363K sold.
Based on aggregated 13F filings for Q2 2023.