Tortoise Energy Infrastructure Corp
TYG
141 hedge funds and large institutions have $502M invested in Tortoise Energy Infrastructure Corp in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 45 increasing their positions, 61 reducing their positions, and 28 closing their positions.
0.12% less ownership
Funds ownership: 9.64% → 9.52% (-0.12%)
11% less funds holding
Funds holding: 159 → 141 (-18)
26% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 61
27% less capital invested
Capital invested by funds: $684M → $502M (-$182M)
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
61% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$26.5M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$14.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.7M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$8.51M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$9.68M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.36M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.22M |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$6.3M |
| 5 |
IT
Independence Trust
Franklin,
Tennessee
|
-$6.2M |
TYG Hedge Fund Activity: Q3 2015 in Review
141 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q3 2015, worth a combined $502M — down 27% from $684M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TYG and 11 opened new positions — a net loss of 17 holders — while 61 trimmed existing stakes and 45 added.
The largest buyer was Sit Investment Associates, adding an estimated $26.5M. The largest seller was GW&K Investment Management, exiting entirely with an estimated $9.68M sold.
- 141 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q3 2015, down from 159 in Q2 2015.
- Funds reported $502M of Tortoise Energy Infrastructure Corp stock for Q3 2015, down 27% quarter-over-quarter.
- 11 funds opened new Tortoise Energy Infrastructure Corp positions in Q3 2015 and 28 closed out, a net change of -17 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q3 2015 was Sit Investment Associates, an estimated $26.5M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q3 2015 was GW&K Investment Management, an estimated $9.68M sold.
Based on aggregated 13F filings for Q3 2015.