Tortoise Energy Infrastructure Corp
130 hedge funds and large institutions have $36.8M invested in Tortoise Energy Infrastructure Corp in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 49 reducing their positions, and 39 closing their positions.
0.82% less ownership
Funds ownership: 7.5% → 6.68% (-0.82%)
13% less funds holding
Funds holding: 150 → 130 (-20)
39% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 49
44% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 39
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
87% less capital invested
Capital invested by funds: $289M → $36.8M (-$253M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$7.42M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.7M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$2.88M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.64M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$6.9M |
| 2 |
AIM
Allen Investment Management
New York
|
-$6.33M |
| 3 |
Morgan Stanley
New York
|
-$5.84M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.53M |
| 5 |
CB
Commerce Bank
Kansas City,
Missouri
|
-$4.33M |
TYG Hedge Fund Activity: Q1 2020 in Review
130 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q1 2020, worth a combined $36.8M — down 87% from $289M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of TYG and 22 opened new positions — a net loss of 17 holders — while 49 trimmed existing stakes and 30 added.
The largest buyer was Landscape Capital Management, adding an estimated $7.42M. The largest seller was JP Morgan Private Wealth Advisors, exiting entirely with an estimated $6.9M sold.
- 130 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q1 2020, down from 150 in Q4 2019.
- Funds reported $36.8M of Tortoise Energy Infrastructure Corp stock for Q1 2020, down 87% quarter-over-quarter.
- 22 funds opened new Tortoise Energy Infrastructure Corp positions in Q1 2020 and 39 closed out, a net change of -17 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q1 2020 was Landscape Capital Management, an estimated $7.42M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q1 2020 was JP Morgan Private Wealth Advisors, an estimated $6.9M sold.
Based on aggregated 13F filings for Q1 2020.