TORTOISE PIPELINE & ENERGY FUND, INC.
TTP was delisted on the 20th of December, 2024.
33 hedge funds and large institutions have $39.6M invested in TORTOISE PIPELINE & ENERGY FUND, INC. in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
37% more capital invested
Capital invested by funds: $28.9M → $39.6M (+$10.7M)
18% more funds holding
Funds holding: 28 → 33 (+5)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.56M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$834K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$516K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$472K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.09M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$738K |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$246K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$234K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$205K |
TTP Hedge Fund Activity: Q3 2024 in Review
33 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) for Q3 2024, worth a combined $39.6M — up 37% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TTP positions and 5 closed out — a net gain of 5 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.56M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $2.09M.
- 33 institutional investors held TORTOISE PIPELINE & ENERGY FUND, INC. (TTP) as of Q3 2024, up from 28 in Q2 2024.
- Funds reported $39.6M of TORTOISE PIPELINE & ENERGY FUND, INC. stock for Q3 2024, up 37% quarter-over-quarter.
- 10 funds opened new TORTOISE PIPELINE & ENERGY FUND, INC. positions in Q3 2024 and 5 closed out, a net change of +5 holders.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. buyer in Q3 2024 was Sit Investment Associates, an estimated $4.56M added.
- The largest TORTOISE PIPELINE & ENERGY FUND, INC. seller in Q3 2024 was Thomas J. Herzfeld Advisors, an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2024.