TORTOISE ENERGY CAPITAL CORP
TYY
TYY was delisted on the 20th of June, 2014.
71 hedge funds and large institutions have $176M invested in TORTOISE ENERGY CAPITAL CORP in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 7 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 73 → 71 (-2)
6% less capital invested
Capital invested by funds: $187M → $176M (-$10.8M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.71M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$1.35M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.32M |
| 4 |
Morgan Stanley
New York
|
+$1.19M |
| 5 |
PCMK
Paragon Capital Management (Kansas)
Overland Park,
Kansas
|
+$984K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.86M |
| 2 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
-$505K |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$283K |
| 4 |
Bank of New York Mellon
New York
|
-$209K |
| 5 |
LPL Financial
San Diego,
California
|
-$187K |
TYY Hedge Fund Activity: Q3 2013 in Review
71 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in TORTOISE ENERGY CAPITAL CORP (TYY) for Q3 2013, worth a combined $176M — down 5.8% from $187M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TYY and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 27 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.71M. The largest seller was Bank of America, cutting an estimated $1.86M.
- 71 institutional investors held TORTOISE ENERGY CAPITAL CORP (TYY) as of Q3 2013, down from 73 in Q2 2013.
- Funds reported $176M of TORTOISE ENERGY CAPITAL CORP stock for Q3 2013, down 5.8% quarter-over-quarter.
- 6 funds opened new TORTOISE ENERGY CAPITAL CORP positions in Q3 2013 and 7 closed out, a net change of -1 holder.
- The largest TORTOISE ENERGY CAPITAL CORP buyer in Q3 2013 was Guggenheim Capital, an estimated $1.71M added.
- The largest TORTOISE ENERGY CAPITAL CORP seller in Q3 2013 was Bank of America, an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2013.