Tortoise Energy Infrastructure Corp
146 hedge funds and large institutions have $513M invested in Tortoise Energy Infrastructure Corp in 2015 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 33 increasing their positions, 68 reducing their positions, and 20 closing their positions.
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
4% more funds holding
Funds holding: 141 → 146 (+5)
2% more capital invested
Capital invested by funds: $502M → $513M (+$11.7M)
0% less ownership
Funds ownership: 9.52% → 9.52% (-0%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
51% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 68
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$33.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.05M |
| 3 |
UB
UMB Bank
Kansas City,
Missouri
|
+$8.29M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.93M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.13M |
Top Sellers
| 1 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$16.4M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$12.7M |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$6.42M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$6.39M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$6.13M |
TYG Hedge Fund Activity: Q4 2015 in Review
146 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q4 2015, worth a combined $513M — up 2.3% from $502M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TYG positions and 20 closed out — a net gain of 5 holders — while 33 added to existing stakes and 68 trimmed.
The largest buyer was Bank of America, adding an estimated $33.2M. The largest seller was Fiduciary Trust, cutting an estimated $16.4M.
- 146 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q4 2015, up from 141 in Q3 2015.
- Funds reported $513M of Tortoise Energy Infrastructure Corp stock for Q4 2015, up 2.3% quarter-over-quarter.
- 25 funds opened new Tortoise Energy Infrastructure Corp positions in Q4 2015 and 20 closed out, a net change of +5 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q4 2015 was Bank of America, an estimated $33.2M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q4 2015 was Fiduciary Trust, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2015.