Tortoise Energy Infrastructure Corp
TYG
135 hedge funds and large institutions have $412M invested in Tortoise Energy Infrastructure Corp in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 51 reducing their positions, and 23 closing their positions.
0.9% less ownership
Funds ownership: 9.52% → 8.63% (-0.9%)
8% less funds holding
Funds holding: 146 → 135 (-11)
20% less capital invested
Capital invested by funds: $513M → $412M (-$102M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 51
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.96M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.9M |
| 3 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
+$2.57M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$2.39M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCA
Hillview Capital Advisors
Wayne,
Pennsylvania
|
-$18.3M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$10.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.27M |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$4.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.58M |
TYG Hedge Fund Activity: Q1 2016 in Review
135 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q1 2016, worth a combined $412M — down 20% from $513M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TYG and 14 opened new positions — a net loss of 9 holders — while 51 trimmed existing stakes and 38 added.
The largest buyer was Bank of America, adding an estimated $6.96M. The largest seller was Hillview Capital Advisors, cutting an estimated $18.3M.
- 135 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q1 2016, down from 146 in Q4 2015.
- Funds reported $412M of Tortoise Energy Infrastructure Corp stock for Q1 2016, down 20% quarter-over-quarter.
- 14 funds opened new Tortoise Energy Infrastructure Corp positions in Q1 2016 and 23 closed out, a net change of -9 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q1 2016 was Bank of America, an estimated $6.96M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q1 2016 was Hillview Capital Advisors, an estimated $18.3M sold.
Based on aggregated 13F filings for Q1 2016.