Tortoise Energy Infrastructure Corp
158 hedge funds and large institutions have $801M invested in Tortoise Energy Infrastructure Corp in 2014 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 74 increasing their positions, 31 reducing their positions, and 8 closing their positions.
375% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 8
139% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 31
63% more capital invested
Capital invested by funds: $492M → $801M (+$309M)
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
23% more funds holding
Funds holding: 128 → 158 (+30)
0.96% less ownership
Funds ownership: 9.27% → 8.3% (-0.96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$31M |
| 2 |
Morgan Stanley
New York
|
+$26.7M |
| 3 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
+$24.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$23.9M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$2.64M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$2.6M |
| 3 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$1.96M |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$1.67M |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$916K |
TYG Hedge Fund Activity: Q2 2014 in Review
158 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q2 2014, worth a combined $801M — up 63% from $492M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TYG positions and 8 closed out — a net gain of 30 holders — while 74 added to existing stakes and 31 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $31M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $2.64M sold.
- 158 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q2 2014, up from 128 in Q1 2014.
- Funds reported $801M of Tortoise Energy Infrastructure Corp stock for Q2 2014, up 63% quarter-over-quarter.
- 38 funds opened new Tortoise Energy Infrastructure Corp positions in Q2 2014 and 8 closed out, a net change of +30 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q2 2014 was Guggenheim Capital, an estimated $31M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q2 2014 was Chartwell Investment Partners, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2014.