Tortoise Energy Infrastructure Corp
163 hedge funds and large institutions have $473M invested in Tortoise Energy Infrastructure Corp in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 43 increasing their positions, 53 reducing their positions, and 15 closing their positions.
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
16% more funds holding
Funds holding: 140 → 163 (+23)
3% more capital invested
Capital invested by funds: $461M → $473M (+$11.8M)
0.12% more ownership
Funds ownership: 8.03% → 8.15% (+0.12%)
19% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 53
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$6.27M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$5.99M |
| 3 |
CB
Commerce Bank
Kansas City,
Missouri
|
+$5.84M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.38M |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$9.54M |
| 2 |
Morgan Stanley
New York
|
-$8.97M |
| 3 |
UB
UMB Bank
Kansas City,
Missouri
|
-$6.84M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.58M |
| 5 |
LCM
LVM Capital Management
Portage,
Michigan
|
-$3.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
176
Croft-Leominster
Baltimore,
Maryland
| – | -$233K | -2,013 | Closed |
|
177
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$60K | -518 | Closed |
|
178
Truist Financial
Charlotte,
North Carolina
| – | -$46K | -400 | Closed |
|
|
RWA
179
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$23K | -203 | Closed |
|
|
BBHC
180
Brown Brothers Harriman & Co
New York
| – | -$18K | -157 | Closed |
|
|
NFG
181
Next Financial Group
Houston,
Texas
| – | -$10K | -84 | Closed |
|
TYG Hedge Fund Activity: Q4 2017 in Review
163 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q4 2017, worth a combined $473M — up 2.6% from $461M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TYG positions and 15 closed out — a net gain of 25 holders — while 43 added to existing stakes and 53 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $6.27M. The largest seller was Bank of America, cutting an estimated $9.54M.
- 163 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q4 2017, up from 140 in Q3 2017.
- Funds reported $473M of Tortoise Energy Infrastructure Corp stock for Q4 2017, up 2.6% quarter-over-quarter.
- 40 funds opened new Tortoise Energy Infrastructure Corp positions in Q4 2017 and 15 closed out, a net change of +25 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q4 2017 was CIBC Private Wealth Group, an estimated $6.27M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q4 2017 was Bank of America, an estimated $9.54M sold.
Based on aggregated 13F filings for Q4 2017.