Tortoise Energy Infrastructure Corp
TYG
143 hedge funds and large institutions have $493M invested in Tortoise Energy Infrastructure Corp in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
3% more funds holding
Funds holding: 139 → 143 (+4)
0.06% less ownership
Funds ownership: 8.25% → 8.19% (-0.06%)
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
13% less capital invested
Capital invested by funds: $567M → $493M (-$74.6M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBC
Roble Belko & Company
Sewickley,
Pennsylvania
|
+$3.07M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$2.55M |
| 3 |
UB
UMB Bank
Kansas City,
Missouri
|
+$1.17M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$1.02M |
| 5 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
+$975K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.32M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.34M |
| 3 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$2.27M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.61M |
| 5 |
MWAC
Mariner Wealth Advisors (Cincinnati)
Cincinnati,
Ohio
|
-$1.55M |
TYG Hedge Fund Activity: Q2 2017 in Review
143 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Tortoise Energy Infrastructure Corp (TYG) for Q2 2017, worth a combined $493M — down 13% from $567M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TYG positions and 10 closed out — a net gain of 4 holders — while 48 added to existing stakes and 53 trimmed.
The largest buyer was Roble Belko & Company, adding an estimated $3.07M. The largest seller was LPL Financial, cutting an estimated $5.32M.
- 143 institutional investors held Tortoise Energy Infrastructure Corp (TYG) as of Q2 2017, up from 139 in Q1 2017.
- Funds reported $493M of Tortoise Energy Infrastructure Corp stock for Q2 2017, down 13% quarter-over-quarter.
- 14 funds opened new Tortoise Energy Infrastructure Corp positions in Q2 2017 and 10 closed out, a net change of +4 holders.
- The largest Tortoise Energy Infrastructure Corp buyer in Q2 2017 was Roble Belko & Company, an estimated $3.07M added.
- The largest Tortoise Energy Infrastructure Corp seller in Q2 2017 was LPL Financial, an estimated $5.32M sold.
Based on aggregated 13F filings for Q2 2017.