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TYG

Tortoise Energy Infrastructure Corp

120 hedge funds and large institutions have $501M invested in Tortoise Energy Infrastructure Corp in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 46 increasing their positions, 46 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

0% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 46

0.34% less ownership

Funds ownership: 9.72%9.38% (-0.34%)

2% less capital invested

Capital invested by funds: $513M → $501M (-$12.6M)

2% less funds holding

Funds holding: 122120 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
120
Holders Change
-2
Holders Change %
-1.64%
% of All Funds
3.89%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.26%
New
5
Increased
46
Reduced
46
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FT
1
Fiduciary Trust
Massachusetts
$60.9M -$2.03M -11,235 -3%
JIC
2
Johnson Investment Counsel
Ohio
$60M -$5.12M -28,351 -8%
Bank of America
3
Bank of America
North Carolina
$30.7M +$1.08M +5,978 +4%
HC
4
Highmount Capital
New York
$22.9M +$95.6K +530 +0.4%
BF
5
BOK Financial
Oklahoma
$22.5M +$2.37M +13,127 +12%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$20.6M +$893K +4,952 +5%
CTC
7
Central Trust Company
Missouri
$20.3M +$667K +3,695 +3%
T
8
Thomaspartners
Massachusetts
$17M -$949K -5,258 -5%
SBH
9
Segall Bryant & Hamill
Illinois
$13.6M +$576K +3,193 +5%
LCM
10
LVM Capital Management
Michigan
$11.7M +$131K +725 +1%
DC
11
Davenport & Co
Virginia
$11.6M -$77.4K -429 -0.7%
BTS
12
BB&T Securities
Virginia
$11.5M -$53.4K -296 -5%
LW
13
Linscomb Wealth
Texas
$10.8M -$719K -3,984 -6%
CB
14
Commerce Bank
Missouri
$10.2M -$348K -1,930 -3%
FAAS
15
First Allied Advisory Services
California
$9.66M +$3.09M +17,120 +48%
Baillie Gifford & Co
16
Baillie Gifford & Co
United Kingdom
$9.65M +$1.91M +10,611 +25%
FAAM
17
First Allied Asset Management
California
$9.33M +$634K +3,516 +7%
HFS
18
HL Financial Services
Kentucky
$8.48M +$447K +2,476 +6%
FTIOP
19
Fiduciary Trust International of Pennsylvania
Pennsylvania
$8.2M +$38.8K +215 +0.5%
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
$7.35M -$1.17M -6,490 -14%
ACM
21
Advisors Capital Management
New Jersey
$6.82M +$625K +3,462 +10%
WC
22
Whitnell & Co
Illinois
$5.58M -$192K -1,065 -3%
HC
23
HHG & Company
Connecticut
$5.04M +$5.77K +32 +0.1%
LPL Financial
24
LPL Financial
California
$4.81M -$241K -1,335 -5%
Morgan Stanley
25
Morgan Stanley
New York
$4.74M +$492K +2,729 +12%

TYG Hedge Fund Activity: Q3 2013 in Review

120 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q3 2013, worth a combined $501M — down 2.4% from $513M 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 46 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.

  • 120 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q3 2013, down from 122 in Q2 2013.
  • Funds reported $501M of Tortoise Energy Infrastructure Corp stock for Q3 2013, down 2.4% 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.