Tortoise Energy Infrastructure Corp
TYG
121 hedge funds and large institutions have $492M invested in Tortoise Energy Infrastructure Corp in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 47 increasing their positions, 46 reducing their positions, and 7 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 46
0.34% less ownership
Funds ownership: 9.75% → 9.41% (-0.34%)
5% less capital invested
Capital invested by funds: $518M → $492M (-$25.8M)
2% less funds holding
Funds holding: 123 → 121 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$3.09M |
| 2 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$2.37M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$1.91M |
| 4 |
GHF
Good Harbor Financial
Barrington,
Illinois
|
+$1.41M |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$10.7M |
| 2 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$5.12M |
| 3 |
MSS
Mitchell Sinkler & Starr
Philadelphia,
Pennsylvania
|
-$4.13M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$3.67M |
| 5 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$2.03M |
TYG Hedge Fund Activity: Q3 2013 in Review
121 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q3 2013, worth a combined $492M — down 5% from $518M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TYG and 5 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 47 added.
The largest buyer was First Allied Advisory Services, adding an estimated $3.09M. The largest seller was GW&K Investment Management, exiting entirely with an estimated $10.7M sold.
- 121 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q3 2013, down from 123 in Q2 2013.
- Funds reported $492M of Tortoise Energy Infrastructure Corp stock for Q3 2013, down 5% quarter-over-quarter.
- 5 funds opened new Tortoise Energy Infrastructure Corp positions in Q3 2013 and 7 closed out, a net change of -2 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q3 2013 was First Allied Advisory Services, an estimated $3.09M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q3 2013 was GW&K Investment Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2013.